Highwood Music Limited

Highwood Music Limited, based in Shipley, UK, is a small, active company founded three years ago. With a single employee and £67,469 in assets, it operates from a virtual address shared by 106 other companies, and is led by a solo founder who also serves as director and owner. The company’s e-commerce site, HighWood Drums, showcases its expertise in crafting custom drums and percussion instruments, with a stellar 5.0 Google rating based on 13 reviews. It’s an irregular importer of musical instruments and parts, with its last import operation occurring just one month ago.

The HighWood Drums website details a range of handmade drums, snare drums, and full drum kits, emphasizing British craftsmanship and innovative methods. Beyond retail sales, the company also supplies component drum parts and shells to other small drum makers via its associated website, drumbuilder.co.uk. The site highlights a wide selection of wood options and encourages customers to reach out for custom requests. Recent news posts include announcements about studio expansions and Black Friday discounts.

Financially, Highwood Music Limited presents a mixed picture. Cash reserves have surged by a remarkable 160%, reaching £37,000, while creditors have ballooned by 940%, now standing at £44,000. Current assets have also increased significantly, up 370% to £67,000. However, equity has also grown, rising 130% to £23,000, and other taxation social security payable has jumped 1200%, reaching £35,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial increase in creditors and social security payable suggests a need for careful cash flow management. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Highwood Music Limited appears to be growing, but it’s important to monitor its increasing liabilities. The company’s focus on high-quality, handmade drums and its strong online presence suggest a potential for continued success, though careful financial planning will be essential.

Registered in England/Wales under the registration number 13892235, with a registered address at BD18 3DZ, United Kingdom, Shipley, 1 Park View Court, St. Pauls Road.

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