Rhythm & Blue Inc. Limited.

Rhythm & Blue Inc. Limited is a holding company based in West Sussex, UK, with a 26-year history and 115 employees. The company holds £4,416,792 in assets and operates from a virtual address, a fact highlighted by the presence of 37 companies registered at the same location. It’s a family business run by three directors and two owners, with Elisabeth Rosemary and Mark Howard Cunningham-Warom at the helm. The company regularly imports plastics and plastic products (245 months) and exports essential oils and perfumes (88 months).

The company’s website, Rhythm Blues Records, is an online store specializing in rare and vintage vinyl records, particularly blues, soul, and British beat music. It offers a wide selection of CDs and LPs, with a focus on live recordings and historical performances. The site’s inventory includes artists like Jimi Hendrix, The Rolling Stones, and Aretha Franklin, catering to collectors and enthusiasts. The website has a nice selection of records, and it’s a well-designed site.

Financially, Rhythm & Blue Inc. Limited is showing some concerning trends. While revenue remains steady at £4,416,792, net assets have decreased by 27%, dropping to £2,400,000. Bank borrowings have surged by a substantial 2,400%, reaching £29,000, and cash reserves have plummeted 30% to £28,000. Creditors decreased by 18%, which is a positive sign, but the overall decline in equity is a cause for concern. The company’s small size allows for agility, but the sharp drop in equity raises questions about its long-term stability. The company is audited by Robert Sadler & Company Ltd.

The company’s dual focus – holding company with a retail arm – presents an interesting dynamic. The record store, while seemingly thriving with its curated selection and online presence, may be struggling to support the larger holding company. The increase in bank borrowings suggests a need for additional capital, potentially to cover operating expenses or invest in new inventory. It’s possible that the company is facing challenges in balancing the demands of both businesses.

Registered in England/Wales under the registration number 03704578, with a registered address at PO19 1DP, West Sussex, 30b Southgate, Chichester.

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