The Auden Musical Instrument Company Limited

The Auden Musical Instrument Company Ltd from Rushden, UK, is a small, active company founded twelve years ago. With seven employees and £616,383 in assets, it’s a solo-founded operation led by a single director and owner. Boasting a perfect 5.0 Google rating from ten reviews, the company regularly imports and exports musical instruments and parts – nineteen months of imports and thirty-six months of exports recorded.

The company's website, Auden Guitars, showcases a range of hand-crafted acoustic guitars, mandolins, and accessories. It's clear they’re focused on quality, with descriptions highlighting traditional methods, premium materials, and collaborations with renowned artists like Brooks Williams and Johnny Marr. The site also features a "Supernatural" preamp, a Brad Clark design, and a dedicated section for dealers and artists, suggesting a growing distribution network and community. They even offer visits to their workshop, reinforcing a focus on craftsmanship and personal connection.

Financially, Auden Musical Instrument Company Ltd presents a mixed picture. While current assets increased by a modest 2.3% to £620,000, net assets decreased by 8.3% to -£190,000. Bank borrowings surged by 16% to £200,000, and cash reserves fell by 46% to £19,000. Creditors decreased by 27%, which is a good sign, but the significant equity decline is concerning. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – and, as such, isn’s subject to an audit.

The increase in bank borrowings and the decrease in cash reserves suggests the company may be burning through money, possibly to fuel growth or invest in new equipment. The negative equity is also a red flag, although it's not uncommon for growing businesses. The company’s focus on high-quality instruments and artist collaborations, however, points to a long-term strategy, and the positive Google reviews indicate strong customer satisfaction. It's likely that the company is reinvesting profits into the business, hoping to see a return on investment in the future.

Registered in England/Wales under the registration number 08521356, with a registered address at NN10 8HZ, Rushden, Northamptonshire, 37 York Road, Higham Ferrers.

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