The Gigrig Ltd

The GigRig Ltd, based in Royal Wootton Bassett, UK, is a small holding company with an active status, established nineteen years ago in 2006. With nine employees and £395,965 in assets, the company operates from a real address and is led by one director and owner. It’s a regular importer of musical instruments and parts, having imported for six months, and a consistent exporter, with seventy-five months of export activity recorded.

The company’s website showcases a focus on guitar effects switching and modular power solutions. It’s clear that The GigRig Ltd operates an e-commerce business, offering a range of products from switching systems to power solutions, pedalboards, and essential accessories. The website highlights a commitment to sound quality, customer service, and flexibility, with a focus on hand-built products and UK craftsmanship. It even offers custom pedalboard builds for professional musicians.

Financially, The GigRig Ltd presents a mixed picture. Cash bank on hand increased by a substantial 41% to £170,000, a positive sign. However, creditors rose significantly, increasing by 160% to £140,000, which could indicate increased borrowing or extended payment terms. Trade debtors also increased, suggesting some difficulty collecting payments. Despite these challenges, net assets grew by 19% to £200,000, and the company’s small size—meeting two of three criteria for a small company—allows for agility. The lack of an auditor mentioned likely stems from its status as a small company, meaning the figures are unaudited. Overall, The GigRig Ltd seems to be navigating a period of growth, but needs to keep a close eye on its debt management.

Registered in England/Wales under the registration number 05731704, with a registered address at SN4 7DB, England, Royal Wootton Bassett, Unit 15, Whitehill Industrial Estate.

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