Stompbox Ltd

Stompbox Ltd, based in Northwood, UK, is a small, family-run business with an active status, having been founded 16 years ago. The company employs just four people and holds £157,807 in assets. With a real address, two directors, and two owners, it operates as an e-commerce site with a stellar 5.0 Google rating based on 200 reviews. It's a regular importer of electrical machinery and equipment, with three months of import activity recorded.

The company's website, stompbox.co.uk, showcases a passion for guitars, effects, and amplifiers. It offers a wide range of instruments and accessories, catering to guitarists of all levels. The site also includes a music school offering lessons, repair services, and even PA hire. It's clear they are more than just an online retailer; they're a hub for musicians.

Financially, Stompbox Ltd presents a mixed picture. Current assets increased by 15%, reaching £160,000, while net assets decreased by 19%, landing at -£41,000. Bank borrowings surged by 360%, reaching £4,900, and cash reserves increased by 170%, reaching £1,000. Creditors also rose by 5.6%, reaching £200,000. The company meets the criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to the company's small size.

Despite the negative equity, the increase in assets and cash suggests the business is generating revenue. However, the rising bank borrowings and increased creditors indicate a need to manage finances more carefully. The family-run nature of the business and its strong online presence could be key to its long-term success, but careful monitoring of cash flow will be essential.

Registered in England/Wales under the registration number 06698735, with a registered address at HA6 1NZ, Northwood, Middlesex, 35 The Broadway, Joel Street.

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