Stringers Of Edinburgh Limited

Stringers of Edinburgh Limited, based in Edinburgh, UK, is a small, active holding company established 22 years ago. With seven employees and £719,964 in assets, it operates from a real address and is overseen by one director and two owners. The company regularly imports and exports musical instruments and parts—21 months of imports and 3 months of exports, with the most recent import activity in February 3025.

Stringers of Edinburgh, and its sister company Stringers London, specializes in the retail sale of musical instruments and scores. Both locations offer a wide range of instruments, from violins and violas to cellos and bows, catering to both students and professionals. The Edinburgh location also boasts a workshop for instrument restoration and offers services like part exchange, instrument hire, and valuations. The London branch even has a showroom in Harrods.

Financially, Stringers of Edinburgh Limited presents a mixed picture. Current assets have decreased by 38%, falling to £720,000, while net assets have also declined by 5.6%, reaching £580,000. Bank borrowings have significantly reduced, dropping 90% to £36,000, and cash reserves have increased by 22% to £190,000. Creditors have also decreased by 73%, suggesting improved debt management. The company qualifies as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The sharp decrease in current assets and net assets, alongside a reduction in bank borrowings, could indicate a period of reinvestment or a shift in business strategy. The company’s focus on high-quality instruments and restoration services, combined with a strong online presence, suggests a commitment to long-term sustainability, but it’s clear that the business is navigating a period of financial adjustment.

Registered in Scotland under the registration number SC234739, with a registered address at EH1 3EB, Scotland, Edinburgh, Lothian, 7 York Place.

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