Gifted Musician Limited

Gifted Musician Ltd from E Sussex UK: small company, active status, founded 18 years ago, 2 employees, £11,240 assets, real address, 3 directors, 2 owners, family business, e-commerce site, google rating 5.0 based on 1 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £11,240.

Gifted Musician Limited operates as a retail outlet for musical instruments, accessories, and gifts, catering to both musicians and music enthusiasts. Its website showcases a wide range of products, from instruments like clarinets and guitars to homeware and stationery, all with a musical theme. The business also offers sheet music and tutor books, indicating a focus on both practical and educational resources for musicians. The site is well-organised, with clear categories and a user-friendly interface, suggesting a deliberate effort to provide a positive online shopping experience. It’s a family business, and they seem to be doing well.

Financially, Gifted Musician Ltd presents a mixed picture. While its assets remain relatively stable at £11,240, its equity has seen a significant decline, dropping 4.6% to -£67,000. Bank borrowings increased by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company's small size helps it stay agile, but the sharp equity drop raises questions about its long-term sustainability. They seem to be doing alright, though.

Registered in England/Wales under the registration number 06012633, with a registered address at BN1 8NP, E Sussex, 16 Stoneleigh Avenue, Brighton.

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