Starland Music Ltd

Starland Music Ltd, based in Yelverton, UK, is a small, active company founded nineteen years ago in 2005. Employing just three people, it holds £69,471 in assets and operates from a real address in Devon. The company, owned and managed by a solo founder, Kilby Nicholas Ian, has two directors and runs an e-commerce site with a stellar 5.0 Google rating from a single review. It's an irregular exporter of musical instruments and parts, with just two months of export activity recorded, the last being in March 2023.

The company’s website, Starland Music, positions itself as a comprehensive resource for music educators and schools. It offers a wide range of instruments, accessories, and educational materials, catering to various age groups and skill levels. The site is well-organized, with clear product categories and detailed descriptions, and even provides free advisory services to schools. It’s a one-stop shop for all things musical, from keyboards and guitars to percussion and brass instruments.

Financially, Starland Music Ltd presents a mixed picture. Current assets increased by 20% to £69,000, while net assets grew by 15% to £88,000. Bank borrowings rose by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. 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 agile, but the sharp increase in borrowings raises questions. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems Starland Music Ltd is experiencing some financial pressures, but its strong online presence and focus on education suggest a resilient business model.

Registered in England/Wales under the registration number 05524113, with a registered address at PL20 7LL, England, Yelverton, Devon, The Barn, Uppaton Farm, Buckland Monachorum.

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