The Harmonica World Ltd

The Harmonica World Ltd, based in Frome, UK, is a small, active company founded eight years ago. Despite confirmation being overdue by eight months, it remains a solo venture with one director, one owner (Deverell Julian Richard), and a single employee. The company holds £20,981 in assets and operates from a real address within a commerce park. It runs an e-commerce site specializing in harmonicas and related accessories.

The Harmonica World Ltd’s website, The Harmonica Company, is a leading online store for harmonicas, offering a wide selection of brands and styles. As of October 7th, 2024, the company has ceased trading, fulfilling existing orders and offering refunds. The site boasts a comprehensive blog with harmonica knowledge and inspiration, and even offers customer support via WhatsApp.

Financially, the company’s numbers present a mixed picture. Cash reserves have increased substantially by 490%, reaching £1,300, which is a positive sign. However, current assets have decreased by 27% to £21,000, and net assets have fallen by 51% to -£45,000. Bank borrowings have been reduced by 20%, and creditors have decreased by 12%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the significant equity drop is concerning. As a small company, it’s exempt from an audit, so the financial information is unaudited. The company’s recent actions, ceasing trading, may be a response to these financial pressures.

Registered in England/Wales under the registration number 10370912, with a registered address at BA11 2FB, England, Frome, Somerset, Unit L5 Marshall Way, Commerce Park.

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