Plastic Head Music Distribution Limited

Plastic Head Music Distribution Ltd from Wallingford UK is a large, active company founded 37 years ago in 1988. Employing 73 people, it holds assets worth £3,070,596 and generates yearly revenue of £15,246,200. The company has a real address, is overseen by three directors, and owned by two individuals. It regularly imports and exports electrical machinery and equipment, with 298 months of import activity and 528 months of export activity recorded.

The company operates in the other amusement and recreation activities n.e.c. industries. Its website is unavailable for review, making it difficult to determine if it engages in e-commerce activities.

Financially, Plastic Head Music Distribution Ltd shows a mixed picture. Current assets decreased by 10% to £3,100,000, while net assets decreased by 66% to £49,000. Bank borrowings decreased by 88% to £13,000, and cash reserves increased by 63% to £110,000. Creditors decreased by 8% to £3,300,000. Turnover decreased by 4% to £15,000,000. The company meets two of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The significant drop in equity raises questions, but the increase in cash reserves suggests improved liquidity. The company's unaudited financial statements are based on director-reported data.

The company’s financial data suggests that it may be facing some challenges, but it remains a significant player in its industry. The decrease in equity could be due to a variety of factors, such as increased competition or changes in consumer demand. However, the increase in cash reserves suggests that the company is taking steps to address these challenges.

Registered in England/Wales under the registration number 02244540, with a registered address at OX10 9DA, United Kingdom, Wallingford, Oxfordshire, Avtech House, Hithercroft.

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