The Classical Guitar Centre Limited

The Classical Guitar Centre Limited, based in Smethwick, UK, is a small, active company celebrating 35 years in business. Founded in 1989, it employs just three people and holds £362,146 in assets. With a real address and two directors, the company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 16 reviews. It’s an irregular importer of musical instruments and parts, with the last import activity occurring in February 2024.

The company specializes in the retail sale of musical instruments and scores, catering to guitar enthusiasts and professionals alike. Its website, while not extensively detailed, showcases a range of classical guitars, accessories, and sheet music. The site’s presence suggests a focus on online sales alongside potential in-person consultations or repairs.

Financially, The Classical Guitar Centre Limited presents a mixed picture. While cash reserves increased by a substantial 180% to £50,000, other areas show concerning trends. Accrued liabilities deferred income decreased by 55%, which could be a positive sign of improved payment terms. However, amounts owed to directors rose by 27%, and creditors remained relatively stable at £330,000. Equity, however, experienced a significant drop of -410%, which is a cause for concern. Trade debtors also increased by 31%, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants closer scrutiny. No auditor is mentioned, reflecting the company's exemption as a small entity.

In conclusion, The Classical Guitar Centre Limited appears to be navigating a period of change. While its online presence and customer ratings are strong, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 02427231, with a registered address at B67 5DH, Smethwick, West Midlands, 51a St Marys Road, Bearwood.

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