Music Everywhere Limited

Music Everywhere Limited, based in London, UK, is a small, active company founded six years ago in 2018. Employing just one person, the company holds £13,671 in assets and operates from a virtual address shared by many other businesses. It’s led by two directors, with Wannell Phillip serving as both owner and director. The company regularly imports and exports electrical machinery and equipment, with 15 months of import activity and 5 months of export activity recorded.

The company's website, Music Everywhere, Inc., showcases a diverse range of services, from audio and video solutions to lighting control and custom home theater installations. It caters to both residential and commercial clients, including fine dining establishments, professional spaces, and houses of worship. The website highlights a portfolio of completed projects and emphasizes a commitment to quality and customer satisfaction. The company operates from Naples, Florida, and even has a showroom in Harrods, London.

Financially, Music Everywhere Limited shows a mixed picture. Current assets have decreased by 41%, falling to £14,000, while net assets have plummeted 71%, down to just £1,300. Bank borrowings have also decreased by 24%, reaching £13,000, and cash reserves have fallen 54%, down to £9,400. However, creditors have decreased by 92%, suggesting 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) allows for flexibility, but the significant equity decline raises concerns. There's no auditor mentioned, so the figures are unaudited.

The company's financial performance suggests it's navigating a challenging period, possibly burning through cash as it invests in its business. While the website projects a successful and diverse operation, the financials paint a more precarious picture.

Registered in England/Wales under the registration number 11497079, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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