Strummer International Ltd

Strummer International Ltd from London UK: a small, active company founded eight years ago, employs just one person, and holds £322,082 in assets. It’s run by a solo founder, with two owners and one director. The company regularly imports and exports electrical machinery and equipment, with 4 months of import activity and 38 months of export activity recorded.

The company’s website, Strummer Room Records, is a vinyl record shop selling both pre-owned and new records, alongside merchandise and accessories. It also hosts a Banbury Record Fair and features a local bands section, showcasing its commitment to the music community. The site has a good reputation, boasting high ratings and positive customer reviews. It’s clear that Strummer Room Records is a passion project, combining a love for music with a retail business.

Financially, Strummer International Ltd shows a mixed picture. Current assets have decreased by 44%, falling to £320,000, while net assets have increased by a significant 38%, reaching £910,000. Fixed assets have seen a massive 280% jump to £660,000, which is quite a change. Cash bank on hand has also dropped by 45%, down to £250,000. Creditors have decreased by a substantial 82%, which is a good sign, and debtors have also fallen by 38%. 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. The accounts are abridged and unaudited, and there's no auditor mentioned.

Overall, Strummer International Ltd seems to be navigating a period of change. The increase in fixed assets suggests investment in the business, while the decrease in cash and the drop in current assets could indicate tighter margins or increased spending. The company’s focus on niche markets and its strong online presence should help it weather any financial challenges.

Registered in England/Wales under the registration number 10398751, with a registered address at SW2 3TT, United Kingdom, London, 166 Downton Avenue.

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