Joe's Pedals Ltd

Joe's Pedals Ltd, based in Exeter, UK, is a small, active company founded 14 years ago in 2010. With a real address and a single director and owner – the solo founder – it employs just one person and holds £102,579 in assets. The company is a regular importer of musical instruments and parts, with 71 months of import activity recorded, the last in January 2025. It operates in the other business support service activities n.e.c. industries.

The company's website, Joespedals.com, is clearly an e-commerce platform specializing in bespoke pedals and stompboxes. It offers a range of new and used items, including the Aether, Solarist V3, and various fuzz and distortion pedals. The site has a clean, modern design and includes sections for new arrivals, sales, and accessories, as well as a blog and "Joe's Picks" section. It's a well-presented online store, suggesting a focus on direct-to-consumer sales.

Financially, Joe’s Pedals Ltd presents a mixed picture. While current assets increased by 18% to £100,000, net assets surprisingly plummeted 240% to £17,000. This significant equity decline is concerning, despite a decrease in creditors of 15%. Bank overdrafts have also reduced by 23%, which is positive. Cash bank on hand, however, has fallen by 43% to £2,200. Plant and machinery have decreased by 32% to £8,900. 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 for agility, but the large equity loss warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Joe's Pedals Ltd appears to be a niche e-commerce business with a loyal following. While the company's financial health is uncertain, the strong online presence and focus on high-quality products suggest potential for future growth. It's a small business, and the numbers are a bit all over the place, but it’s a solid operation.

Registered in England/Wales under the registration number 07328535, with a registered address at EX4 6LW, United Kingdom, Exeter, Devon, 45 Elmside.

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