Hal Leonard Europe Limited

Hal Leonard Europe Ltd from London UK: a large company with an active status, founded eight years ago, employs ninety-six people, and holds £10,368,501 in assets. It operates from a virtual address, is led by one director, and has no listed owners, boasting a Google rating of 4.0 based on six reviews. The company regularly imports musical instruments and parts (for sixty-four months) and exports printed materials like books, newspapers, and pictures (for sixty-eight months).

Hal Leonard Europe is part of the larger Hal Leonard group, a global leader in music publications. Its website highlights a mission to provide lifelong musicmaking opportunities, offering a vast catalogue of printed and digital publications, sheet music, music education resources, instruments, and proaudio products. The site also features business centre resources, career opportunities, and partnerships—all geared towards supporting musicians and educators. It’s clear that the company is focused on both retail and professional markets, with a strong emphasis on digital resources.

Financially, Hal Leonard Europe Ltd shows a mixed picture. Current assets have decreased by 34%, dropping to £10 million, while net assets have fallen by 51%, settling at £5.5 million. Bank borrowings have decreased by 40%, reaching £7.1 million, and cash reserves have fallen 2.4% to £2.5 million. While turnover increased by 52% to £2.1 million, net losses deepened to £2.1 million. Creditors decreased by 14%, suggesting better debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The lack of an auditor is likely due to the company's size.

The company's large size and decreasing net assets could indicate that it's burning through cash, although the increase in turnover suggests it’s also generating more revenue. The decrease in cash reserves and the increased net losses are concerning, but the company’s strong position within the larger Hal Leonard group likely provides a safety net. The fact that the director list was changed five months ago is a good sign, suggesting a period of restructuring or renewed focus.

Registered in England/Wales under the registration number 10684804, with a registered address at NW1 3ER, United Kingdom, London, Acre House, 11/15 William Road.

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