Music Bros Limited

Music Bros Ltd, based in Shrewsbury, UK, is a small, active company founded 16 years ago. With four employees and £210,820 in assets, it operates from a real address and is led by a single director and owner. Boasting a stellar 5.0 Google rating from 253 reviews, the company regularly imports musical instruments and parts—a trend observed over the last eight months.

The company’s website, Music Bros, is a comprehensive online retailer of musical instruments and accessories. It offers a wide selection, from acoustic and electric guitars to bass guitars, pedals, amplifiers, and studio equipment. The site features brands like Fender, Gibson, Taylor, and Martin, catering to both beginners and experienced musicians. It also has a blog and a dedicated section for gift ideas, suggesting a focus on customer engagement.

Financially, Music Bros Ltd’s recent performance presents a mixed picture. Cash bank on hand has declined significantly by 96%, dropping to just £500. Bank borrowings have increased to £1,900, while creditors have risen by 12%, reaching £97,000. Despite this, the company’s net assets have increased by 4.2% to £98,000. The number of employees has increased by 25% to five, which could indicate expansion. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Music Bros Ltd appears to be a well-regarded retailer navigating a competitive market. The increase in bank borrowings and the decline in cash reserves, however, suggest a need for careful financial management.

Registered in England/Wales under the registration number 06788870, with a registered address at SY1 1PN, Shrewsbury, 12 Rouse Hill Bank.

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