Peregrine's Pianos Trading Ltd

Peregrine’s Pianos Trading Ltd, based in London, UK, is a small, active company established nine years ago. With £122,300 in assets and a virtual address, the business operates as a solo founder venture, managed by one director and owner, Howells Dawn Elizabeth. The company runs an e-commerce site and has garnered a stellar 5.0 Google rating from 231 reviews, indicating strong customer satisfaction. It’s an irregular importer of musical instruments and parts, with the last import operation recorded two months ago in November 2023.

The company’s website showcases a thriving business dedicated to pianos. Peregrine's Pianos acts as an exclusive London dealer for August Frster and Schimmel, two renowned German piano manufacturers, and also runs a separate showroom called Little Peregrine specializing in pre-owned and hire pianos. They offer a range of services, including piano sales, room rentals for musicians, and event piano hire. The site is full of blog posts about pianos, from BBC Proms ticket information to advice on piano lid usage. It even mentions filming with Hans Zimmer for an ITN documentary.

Financially, Peregrine’s Pianos shows a mixed picture. Current assets increased by 40% to £120,000, which is good news. However, net goodwill decreased by 42%, and bank borrowings increased significantly. Creditors also rose, suggesting a need to manage debt. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees – which allows it to remain flexible. The unaudited financial statements, without mention of an auditor, rely on director-reported data.

Overall, Peregrine’s Pianos appears to be a successful niche business with a strong online presence and a reputation for quality. The financial data suggests a period of growth, but also highlights the need for careful financial management to ensure long-term stability.

Registered in England/Wales under the registration number 09743731, with a registered address at E17 5JF, United Kingdom, London, 368 Forest Road.

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