K & M Acoustics Limited

K & M Acoustics Limited, based in Wigan, Lancashire, is a small, active company established 21 years ago. With 11 employees and £555,223 in assets, it's a well-established player in the audio and video equipment retail sector. The company, owned by Stockley Keith Barry and Winstanley Michael, maintains a real address and boasts a stellar 5.0 Google rating from 128 reviews. It regularly imports electrical machinery and equipment, with 10 months of import activity recorded.

The company’s website, while not detailed, indicates a focus on car stereo shops and installations. It’s a private limited company with a strong emphasis on British craftsmanship and family ownership. The business operates from a real address and is managed by two directors.

Financially, K & M Acoustics Limited presents a mixed picture. Current assets increased by 4.8% to £560,000, while net assets grew by 8.3% to £450,000. Cash bank on hand, however, decreased by 5.1% to £370,000. Trade debtors saw a significant increase of 27%, potentially reflecting expanded credit terms or delayed customer payments. Creditors also rose by 33%, and raw materials increased by 44%, suggesting a need to stock up. Bank borrowings have increased, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company's financial health appears stable, but the increase in debtors and creditors warrants monitoring. The ongoing import activity and focus on specialized audio equipment suggest a continued presence in the market.

Registered in England/Wales under the registration number 04845018, with a registered address at WN3 5AT, Lancashire, European House, Seven Stars Road, Wigan.

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