Frederick Hyde Limited

Frederick Hyde Limited, based in Haslemere, UK, is a small, active company established 29 years ago. With 33 employees and £4,369,659 in assets, it’s a well-established player in the musical instrument and parts industry. The company, which has three directors and two owners, operates from a real address and has been importing musical instruments and parts for 352 months and exporting them for 215 months.

Frederick Hyde Limited functions as a business-to-business (B2B) distributor, supplying music retailers, education suppliers, and international distributors. Its website, salesfrederickhyde.com, serves as a confidential portal for wholesale customers, offering fast delivery and support. The company distributes brands like Chamberlain Music, Musisca, and Percussion Plus, and also operates divisions for piano restoration and recorder workshops. It’s a dealer portal, so it’s not a direct ecommerce site for consumers.

Financially, Frederick Hyde Limited shows some interesting trends. Bank borrowings decreased by 45%, falling to £52,000, and cash reserves increased by a significant 62%, reaching £960,000. Trade debtors grew by 69%, reaching £1,700,000, which could indicate expanding sales or perhaps some challenges in collecting payments. Creditors also increased by 23%, reaching £830,000. Net assets grew by 12%, reaching £3,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the rise in debtors warrants a closer look. There’s no auditor mentioned, which is common for small companies.

Overall, Frederick Hyde Limited appears to be financially stable, with growing cash reserves and assets. The increased debtors, however, suggest a need to monitor payment collection. It seems like a well-run company that's been around for a while, and is doing well.

Registered in England/Wales under the registration number 03112115, with a registered address at GU27 2QH, England, Haslemere, Surrey, Corporate House, Kings Road Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.