Shackleford Pianos Limited

Shackleford Pianos Limited, based in Macclesfield, UK, is a small, active company founded 17 years ago. With 20 employees and £308,530 in assets, it’s a family-run business overseen by three directors and two owners. The company regularly imports musical instruments and parts – a consistent activity spanning five months, with the latest import in December 2023 – and occasionally exports, though this has been irregular, with just one month of export activity recorded back in November 2018. They operate from a real address and are registered as a private limited company.

The company’s website reveals a broader scope than just sales. Shackleford Pianos specializes in piano restoration, encompassing everything from museum-grade work to integrating self-play systems and disaster recovery services. They even have a showroom in Harrods, London, showcasing a high-end division separate from their core retail operations. Their website also highlights a commitment to customer service, offering a buy-back plan and a wide range of accessories.

Financially, Shackleford Pianos shows a mixed picture. Cash reserves have taken a hit, dropping 46% to £68,000. Creditors have increased dramatically, rising 1,400% to £350,000, while trade debtors are up 23% to £100,000. Equity, however, has plummeted 130% to a negative £7,400 – a significant decline. While the company’s small size (meeting two of three criteria for a small company) allows for flexibility, the decrease in equity is concerning. The company is exempt from an audit, so the figures are unaudited.

The increase in creditors suggests a need for better cash flow management, while the drop in equity could be due to investments in the restoration side of the business. It’s possible that the company is experiencing growing pains as it expands its services—but whether it can sustain this growth remains to be seen.

Registered in England/Wales under the registration number 06426390, with a registered address at SK11 6QS, England, Macclesfield, Unit 2 Crown Centre, Bond Street.

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