Myluthier Ltd

MyLuthier Ltd, based in London, UK, is a small, active company founded eight years ago. With two employees and £688,234 in assets, it operates from a virtual address, a detail worth noting as 6847 companies share the same address. The company is owned and directed by Da Silva Pedro and Lang Ariel Jacob. It runs an e-commerce site and regularly imports and exports musical instruments and parts – nine months of import activity and seven months of export activity recorded.

The company specializes in the retail sale of musical instruments and scores, offering a curated selection of violins, violas, cellos, and bows, alongside restoration and repair services. Its website showcases instruments from renowned makers, emphasizing quality and craftsmanship. A dedicated section highlights Atelier MyLuthier instruments, crafted in North London, specifically designed for serious students. Testimonials from professional musicians praise the company’s service and instrument selection.

Financially, MyLuthier Ltd shows some interesting trends. Current assets increased by 50% to £690,000, while net assets rose by 33% to £220,000. Bank borrowings decreased by 16%, and cash reserves remained steady. However, trade debtors increased significantly—by 450%—suggesting a potential shift in payment terms or a larger volume of sales. Deferred income also saw a substantial increase, 270%, which could be due to advance payments or pre-orders. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the increase in debtors could present a challenge. As a small company, it is exempt from an audit, so the financial information is unaudited.

Overall, MyLuthier Ltd appears to be growing, but it’s important to monitor its debt management and ensure its sales translate into cash flow.

Registered in England/Wales under the registration number 10269094, 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.