Mm Band Services Limited

Mm Band Services Limited, based in Driffield, UK, is a small, active company founded 22 years ago. Employing ten people, the company holds £2,051,984 in assets and operates from a virtual address – a point to note as twenty-five companies share the same address. With a solo founder, one director, and a Google rating of 4.0 based on fourteen reviews, the business is a familiar sight in the music touring industry. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with the most recent import activity recorded one month ago.

The company’s website clearly positions it as a specialist in providing sleeper bus and band bus tour services for the music industry. Catering to UK and European tours of all sizes, it boasts a fleet of bespoke, top-quality tour buses designed for touring artists and crew. Client testimonials highlight the drivers and busses as “awesome” and “outstanding,” with one client even stating the band was "very happy." The site details a range of services, from luxury travel to full end-to-end logistics support, with packages tailored to individual requirements.

Financially, Mm Band Services Limited presents a mixed picture. While cash reserves fell by 53% to £310,000, current assets have increased significantly by 170% to £2,100,000. Bank borrowings have decreased by 21% to £280,000, and trade debtors have risen dramatically by 5900% to £1,700,000 – a substantial increase that could indicate a period of rapid growth, or perhaps delayed payments. Creditors have decreased by 49% to £34,000, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The significant increase in trade debtors is something to keep an eye on, but overall, Mm Band Services Limited appears to be navigating the challenges of a growing business, providing a valued service to the music industry.

Registered in England/Wales under the registration number 04754528, with a registered address at YO25 6RA, Driffield, North Humberside, 6 George Street.

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