Jas Musicals Limited

Jas Musicals Limited, based in Southall, UK, is a small, family-run business with an active status, celebrating 34 years in operation. Employing five people and holding assets of £124,628, the company operates from a real address and is managed by three directors and two owners. It’s a regular importer of musical instruments and parts, with 74 months of import activity recorded, and has recently started exporting, with three months of export activity.

The company’s website showcases a wide range of musical instruments, from harmoniums and tablas to guitars and saxophones, catering to both South Asian and Western musical traditions. It appears to operate primarily as an e-commerce business, with a large inventory and a user-friendly website. The site also highlights a physical store location in Southall and offers repair and hire services, suggesting a blend of online and offline operations.

Financially, Jas Musicals Limited shows some interesting trends. Cash reserves have increased significantly, up 140% to £53,000, which is a good sign. However, corporation tax payable has increased dramatically, rising 3,500% to £11,000—perhaps reflecting increased profitability or a change in tax regulations. Trade debtors have also increased, reaching £24,000, which could indicate delays in customer payments. Despite this, creditors have decreased by 19%, suggesting improved debt management. The company qualifies as a small business, meeting two of the three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Jas Musicals Limited seems to be navigating a period of growth, but the sharp increase in corporation tax payable and the rise in trade debtors warrant close monitoring. The company’s strong online presence and diverse product range, however, position it well to continue serving the musical instrument market.

Registered in England/Wales under the registration number 02595352, with a registered address at UB1 1QF, England, Southall, 120 The Broadway.

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