Oasis Musical Instruments Limited
- Small
- Active
- 35 years
- 4 employees
- £195,402 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- Rating 5.0 (64)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Oasis Musical Instruments Ltd, based in Wimborne, UK, is a small, active company celebrating 35 years in business. Founded in 1989 by a solo entrepreneur, Gillespie Howard Stuart, the company employs four people and holds assets worth £195,402. With a real address and two directors, it maintains a strong 5.0 Google rating from 64 reviews, reflecting its reputation as Hampshire and Dorset’s favourite guitar shop. It's a regular importer of musical instruments and parts, with its last import operation recorded three months ago in June 2022.
The company's website showcases a diverse inventory of new and used electric, acoustic, and bass guitars from renowned brands like Fender, Gibson, and Martin. It also offers amplifiers, effects pedals, and accessories, alongside a full-service workshop providing repairs and modifications, including highly praised refrets. The website clearly targets musicians and enthusiasts, emphasizing quality, expertise, and a welcoming atmosphere. The inventory is more extensive than what's shown online, encouraging customers to visit the shop in person.
Financially, Oasis Musical Instruments Ltd presents a mixed picture. Cash reserves have surged by a substantial 180% to £28,000, a positive sign of improved liquidity. However, current assets have only increased slightly by 1.7% to £200,000, while net assets have increased by 22% to £58,000. Bank borrowings remain relatively stable, with a slight increase of 0.35% to £5,700. Trade debtors have decreased by 5.2% to £64,000, suggesting improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 80 employees) allows it to remain nimble, but the slight decrease in inventory by 11% to £89,000 might indicate a cautious approach to purchasing. As a small company, it is exempt from an audit, and the financial statements are unaudited.
Registered in England/Wales under the registration number 02408886, with a registered address at BH21 7SF, Industrial Estate Wimborne, Dorset, 4 Cedar Park, Cobham Road Ferndown.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- 24 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-07-31Download 11 pages pdf report
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Confirmation statement made on 2024-07-28 with updatesDownload 4 pages pdf report
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Unaudited abridged accounts made up to 2023-07-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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