Made Of Music (global) Ltd

Made Of Music (global) Ltd is a small, active company based in Wolverhampton, UK, founded eleven years ago in 2014. It employs just one person and holds £69,063 in assets, operating from a registered address that's likely virtual, as sixty-five other companies share it. With a perfect 5.0 Google rating based on 34 reviews, the company is run by a solo founder, Seehra Tajinder Singh, who also serves as director and owner. The business regularly imports musical instruments and parts, with 3 months of import activity recorded as of November 2024.

The company’s website, Made of Music, appears to be primarily an online wholesale operation, focusing on musical instruments. It doesn's seem to be an e-commerce site for direct consumer sales, but rather a platform for businesses to source instruments and parts. The site’s design is simple, functional, and doesn't offer much detail about the company's history or specific product range beyond a general listing of instruments.

Financially, Made Of Music (global) Ltd presents a mixed picture. Current assets have decreased by 9.8% to £69,000, while net assets have fallen by a more substantial 31% to £12,000. Cash reserves have taken a significant hit, plummeting 81% to just £5,700. Trade debtors have risen by 12%, suggesting potential delays in customer payments. On a positive note, creditors have also decreased by 13%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the equity drop is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

The company’s financial data suggests it’s burning through money rather than generating substantial profit. The decrease in cash reserves and the negative equity are worrying signs, even though the company’s creditors have been managed well. The company’s reliance on imports and its small size mean it’s vulnerable to supply chain disruptions and economic downturns. While the 5.0 Google rating suggests strong customer satisfaction, it’s not clear how this translates into consistent revenue.

Registered in England/Wales under the registration number 08951534, with a registered address at WV1 4DG, England, Wolverhampton, West Midlands, 34 Waterloo Road.

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