Turner Violins Limited

Turner Violins Limited, based in Nottingham, UK, is a small, family-run business with an active status. Founded 23 years ago in 2001, it employs six people and holds £1,046,100 in assets. With three directors and two owners, the company operates from a real address and has a reputation for expertise gained from over 40 years of experience in studying fine instruments. It’s a tight-knit operation, with a strong focus on musical instruments.

Turner Violins specializes in fine violins, violas, cellos, and basses, offering a wide selection of antique and new instruments and bows. It also provides repair and restoration services, expert valuations, and instrument purchases. The company’s website showcases a comprehensive range of services, including an Assisted Instrument Purchase Scheme and local teacher links. The website also features a piano division, 1066 Pianos, which operates from Cambridge and even has a showroom in Harrods, London.

Financially, Turner Violins shows some concerning trends. Cash bank on hand decreased by 46%, falling to £33,000, while bank borrowings increased by 9%, reaching £120,000. Creditors remained relatively stable, but other creditors increased significantly by 160%. Net assets also declined slightly by 3.4%, settling at £780,000. Despite these challenges, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company’s unaudited financial statements, prepared with CCH Accounts Production software, don’t mention an auditor, likely due to its exemption as a small company. Overall, Turner Violins is facing some financial pressures, but its strong reputation and diverse services suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 04274015, with a registered address at NG9 1QL, Nottingham, Nottinghamshire, 1-5 Lily Grove, Beeston.

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