Soundtronics Ltd

Soundtronics Ltd from Rugby UK is a small, active company founded eight years ago. It's a family business with a single employee and £57,657 in assets, operating from a real address in Rugby. The company has two directors and two owners. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring two months ago in January 2022.

The company’s website, Soundtronics, is a fascinating mix of electronic component sales and DIY synthesizer kits. It’s a veritable treasure trove for electronics enthusiasts, offering everything from resistors and capacitors to pre-built modules and even complete synthesizer kits. The site’s layout is somewhat dated, but it’s packed with technical details and a wide range of products catering to both beginners and experienced builders. The company also sells PCBs, panels, and other hardware components, suggesting a focus on supporting the DIY electronics community. It's clear the company isn't focused on e-commerce, but rather providing a catalog of components and kits for hobbyists and small-scale manufacturers.

Financially, Soundtronics Ltd shows some concerning trends. Cash bank on hand increased significantly by 170%, reaching £30,000, which is positive. However, creditors decreased by nearly 50%, to £9,100, and bank borrowings dropped by 50% to £5,000, which might indicate a reliance on trade credit. The company’s net assets increased by 54%, to £30,000, which is a good sign, but the decrease in total inventories by 39% to £24,000 could signal potential supply chain issues or a shift in product focus. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the fluctuating numbers warrant close attention. No auditor is mentioned, which is typical for a small, exempt company.

Registered in England/Wales under the registration number 10205059, with a registered address at CV21 2NP, England, Rugby, Unit 29 Webb Ellis Business Park, Woodside Park.

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