Glued To Music Limited
- Small
- Active
- 10 years
- 3 employees
- £625,113 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
- Rating 5.0 (4)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Glued To Music Limited, based in New Milton, UK, is a small, active family business founded 10 years ago. With three employees and £625,113 in assets, it's a well-established operation boasting a perfect 5.0 Google rating from four reviews. Two directors and two owners – Beith James Timothy and Beith Neil Benjamin – run the company, which regularly imports musical instruments and parts, with 26 months of import activity recorded. The business operates from a real address, with only one other company registered at the same location.
The company's website, Glued To Music, offers a wide range of musical instruments, parts, and accessories. It caters to both luthiers and musicians, selling everything from guitar strings and pickups to bridges and tuners. The site prominently features brands like Ernie Ball, EarthQuaker Devices, and Keeley Electronics, and offers free shipping on all UK orders. It’s clearly focused on e-commerce, with a well-designed website and a focus on customer service.
Financially, Glued To Music Limited shows a mixed picture. Current assets increased by 20%, reaching £630,000, while equity grew by 28% to £580,000. However, cash bank on hand plummeted 63%, dropping to £39,000. Creditors decreased by 44%, suggesting improved debt management, but accrued liabilities remained steady at £1,300. 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 nimble, but the significant drop in cash reserves could indicate tighter margins or increased investment. No auditor is mentioned, consistent with its status as a small, exempt company.
Overall, Glued To Music Limited appears to be a healthy, albeit cash-constrained, operation. Its strong online presence and positive customer reviews suggest a loyal customer base, but the company will need to carefully manage its cash flow to sustain its growth.
Registered in England/Wales under the registration number 09312128, with a registered address at BH25 5JP, New Milton, 18 Avenue Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
-
Individual
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-14 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2023-12-31Download 10 pages pdf report
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Confirmation statement made on 2023-11-14 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Glued To Music Limited
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