Salvi Music (uk) Ltd

Salvi Music Uk Ltd, based in Borehamwood, UK, is a small, active company founded seven years ago. Boasting a stellar 5.0 Google rating from eleven reviews, the firm employs four people and holds £1,149,927 in assets. It operates from a virtual address, with two directors and one owner—a solo founder—at the helm. The company regularly imports musical instruments and parts, with 45 months of import activity recorded, the last in February 2025.

The company’s website highlights a showroom and rental services for harps, alongside teaching rooms. It also features news and events, including participation in the Wales Harp Festival and Edinburgh International Harp Festival. The site showcases a range of Salvi and Lyon Healy harps, strings, music, and accessories. It even offers bio-carbon pedal harp strings. Contact information is readily available, and the website emphasizes privacy and copyright. The site is designed by Ivan Barra and powered by Blulab.

Financially, Salvi Music Uk Ltd presents a mixed picture. While cash bank on hand dropped by 42% to £78,000, current assets remained steady at £1,100,000. However, equity significantly decreased by 41% to £75,000, and net assets also fell by 23% to £170,000. Trade creditors increased by 12%, and bank borrowings surged by 24%, suggesting the company is taking on more debt. Despite this, other debtors jumped by a remarkable 240%, which could indicate faster payments from customers or expanded credit terms. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity decline warrants attention. The accounts are audited by Sopher + Co LLP.

Overall, Salvi Music Uk Ltd appears to be navigating a period of change. While the business maintains a strong online presence and positive customer feedback, the financial data suggests it’s burning through cash—a common challenge for growing businesses.

Registered in England/Wales under the registration number 11230837, with a registered address at WD6 1JD, United Kingdom, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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