Sound Affects Music Ltd

Sound Affects Music Ltd is a small, active family business based in Ormskirk, UK, established eighteen years ago in 2007. With nine employees and £728,852 in assets, it operates from a real address and is overseen by five directors and two owners. The company runs an e-commerce site and regularly imports and exports musical instruments and parts – 123 months of import activity and 135 months of export activity have been recorded, with the latest activity in December 2024.

The company’s website, Sound Affects, describes itself as a specialist dealer in high-end, rare, and boutique electric and acoustic guitars and gear. It boasts a showroom in Ormskirk, Lancashire, with a themed room layout designed for product demonstrations. The site highlights a wide range of brands, including Patrick James Eggle, Nik Huber, Gibson, and Fender, and offers new and pre-owned instruments. It also provides repair services and sells accessories like strings, picks, and tuners.

Financially, Sound Affects Music Ltd shows some concerning trends. Current assets have decreased by 15% to £730,000, while net assets have fallen by 8.3% to £460,000. Bank borrowings have increased by 5.1% to £64,000, and cash reserves have dropped by 52% to £69,000. Creditors have also decreased by 28%, suggesting improved management of short-term liabilities. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is likely due to its status as a small company.

The sharp decline in cash reserves and net assets, combined with increased bank borrowings, suggests the company may be facing financial pressures. However, the continued import and export activity, along with a well-maintained e-commerce site, indicate ongoing business operations. It’s possible that investments in inventory or showroom improvements have contributed to these trends.

Registered in England/Wales under the registration number 06214318, with a registered address at L39 2YT, Ormskirk, Lancashire, 115 New Court Way.

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