Md Records Group Ltd.

Md Records Group Ltd, based in Ramsgate, UK, is a small, active company founded five years ago. It holds £1,040 in assets and operates from a real address, managed by two directors and two owners. The company is involved in the reproduction of sound recordings, retail sales via mail order and internet, and music publishing. Its website, mdrecords.co.uk, features a mix of new and existing artists, showcasing vinyl, tracks, and merchandise, and even hosting listening parties.

The website highlights a focus on reissuing rare tracks and promoting contemporary sounds. It’s clearly an e-commerce operation, selling music and related goods directly to consumers. The site emphasizes a commitment to bringing "great music at great prices," a philosophy that has driven the company since its inception. There’s a distinct focus on vinyl, suggesting a target audience of audiophiles and collectors.

Financially, Md Records Group Ltd is showing some concerning trends. Cash reserves have plummeted by a staggering 110%, leaving just -£610 available. Bank borrowings have increased, reaching £3,000, while current assets have fallen by 88% to a mere £1,000. Liabilities have also increased, and equity has decreased significantly. While creditors are relatively stable, the sharp decline in cash and the growing debt picture suggest the company is burning through money. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the financial strain is evident. As a small company, it is exempt from an audit, so the financial data is unaudited. It seems like they're hoping the music sales will turn things around.

Registered in England/Wales under the registration number 12029751, with a registered address at CT11 0HX, United Kingdom, Ramsgate, Kent, 14 St. Mildreds Avenue, West Cliff.

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