Simpson's Sounds Limited

Simpson’s Sounds Limited, based in Tonbridge, UK, is a small, active company established twelve years ago. With just one employee and £41,844 in assets, it’s a solo founder operation led by a single director and owner. The company holds a stellar 5.0 Google rating based on three reviews. Accounts are currently overdue by four months, and confirmation is a year overdue, which is something to keep an eye on.

The company operates in the retail sale via mail order houses or via internet, and also in the education industry. Its website, Simpson’s Sounds, appears to be a music shop in Marden, England, offering music tuition and the sale of music books. It’s a small business, meeting two of three criteria to be considered small (turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees).

Financially, Simpson’s Sounds Limited presents a mixed picture. While cash reserves increased by 19% to £2,200, net assets decreased by 31% to -£74,000. Bank borrowings decreased by 2% to £47,000, and trade creditors increased by 190% to £25,000. Depreciation charges for property, plant, and equipment remained consistent. The company’s small size allows for flexibility, but the decline in equity suggests it’s burning through money. There’s no auditor mentioned, so the financial data is unaudited. It’s likely the company is facing challenges maintaining profitability, but its high Google rating suggests customer satisfaction remains strong.

Registered in England/Wales under the registration number 08459956, with a registered address at TN12 9QJ, England, Tonbridge, Kent, Hopsack House Pattenden Lane, Marden.

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