Headstock Distribution Limited

Headstock Distribution Ltd from Halesowen UK: a large company, active status, founded 45 years ago, with 46 employees, holds £9,438,782 in assets, and generates £15,400,168 in yearly revenue. It has a real address, is managed by ten directors, and owned by two individuals. The company boasts a Google rating of 4.0 based on 17 reviews and regularly imports musical instruments and parts (560 months) and exports electrical machinery and equipment (205 months).

The company operates as a leading manufacturer and distributor of musical equipment and professional audio products. Based in the Black Country, Headstock Group is a family-owned, private company and the owner of Laney Amplification and HH Audio brands, as well as the exclusive UK/Ireland distributor for Ibanez, DiMarzio, Truetone, Tama, Zildjian, Vic Firth Aquarian Drumheads. The website clearly showcases a wide range of brands and products, indicating a focus on high-quality instruments and audio equipment. It’s a business that seems to be built around established brands and a network of distributors.

Financially, Headstock Distribution Ltd presents a mixed picture. While turnover remained steady at £15.4 million, net assets decreased by 10% to £9.4 million. Bank borrowings increased by 30% to £1.1 million, and cash reserves fell 20% to £1.8 million. Interestingly, the company’s accounts show a significant increase in deferred tax assets, suggesting a potential benefit from tax planning strategies. The auditor, Walker Hubble, signed off on the accounts, lending credibility to the reported figures. The company’s size, meeting two of three criteria for a large company, indicates a robust operation with considerable scale.

Overall, Headstock Distribution Ltd appears to be a well-established player in its industry, but the decrease in cash reserves and increase in borrowings raise questions about its short-term financial health. It’s a business with a strong brand portfolio and a solid customer base, but it will need to carefully manage its finances to sustain its growth and maintain its position in the market.

Registered in England/Wales under the registration number 01486774, with a registered address at B62 8HD, Halesowen, West Midlands, Steel Park Road, Coombs Wood West.

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