Notom Limited

Notom Limited, based in Borehamwood, UK, is a small, active company founded twelve years ago in 2012. With eight employees and £158,533 in assets, it operates from a virtual address, a fact highlighted by 883 other companies registered at the same location. The business is led by three directors and owned by Smith Ronald Frank, a solo founder. Notom regularly imports and exports musical instruments and parts, with nineteen months of import activity and thirteen months of export activity recorded.

The company’s website, No.Tom Vintage and Classic Guitars, reveals a focus on vintage and used instruments. It’s an online retailer selling guitars, amps, and accessories, with a separate section dedicated to piano restoration. The site showcases a wide range of brands, including Ibanez, Guild, and Fender, and offers services like appraisals and repairs. It also features a blog and a clothing section, suggesting a broader brand identity.

Financially, Notom Limited’s recent report presents a mixed picture. Cash bank on hand increased by 41%, reaching £45,000, while creditors decreased by 36%, dropping to £120,000. However, current assets fell by 20%, settling at £160,000, and trade debtors surged by an impressive 1300%, reaching £8,800. Equity increased by 91%, rising to £54,000, a positive sign. 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 increase in trade debtors could indicate challenges in collecting payments. The report is unaudited, a common practice for small companies. It appears the company is doing well, but the increase in trade debtors is something to keep an eye on.

Registered in England/Wales under the registration number 08181337, with a registered address at WD6 1QQ, Borehamwood, Hertfordshire, Devonshire House, Manor Way.

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