Wessex Tubas Ltd

Wessex Tubas Ltd from Andover UK: small company, active status, founded 17 years ago, 3 employees, £905,317 assets, real address, 1 director, 1 owner. Regular importer of musical instruments and parts (23 months imported). Regular exporter of musical instruments and parts (96 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Wessex Tubas Ltd is a specialist manufacturer and retailer of brass instruments, operating from a showroom and workshop in Andover. The company’s website showcases a wide range of instruments, from euphoniums and tubas to horns and trumpets, catering to both British brass bands and individual musicians. They also offer instrument restoration and repair services, alongside a selection of accessories. The website even has a section dedicated to “Wessex Artists,” highlighting musicians who use their instruments.

The business seems to be primarily ecommerce, with a user-friendly website allowing customers to browse and purchase instruments online. The site is well-designed and includes detailed product descriptions, images, and even videos demonstrating the instruments. They also have a blog with articles about brass playing and instrument care. The site lists a comprehensive list of countries they ship to, and even has a language selector.

Financially, Wessex Tubas Ltd shows some concerning trends. While current assets remain relatively stable at £910,000, net assets took a significant hit, dropping 35% to £250,000. Bank cash reserves fell 13% to £280,000, and trade debtors increased by 8.1% to £430,000. Creditors, however, decreased by 27%, which is a positive sign. The company's small size (meeting two of three criteria for small company status) allows for flexibility, but the equity decline warrants attention. There's no auditor mentioned, likely due to the company’s exemption as a small entity, so the financial information is unaudited.

Overall, Wessex Tubas Ltd appears to be a well-established business with a strong online presence, but the recent financial performance suggests potential challenges. Whether the company can maintain its momentum and navigate these pressures remains to be seen.

Registered in England/Wales under the registration number 06258985, with a registered address at SP10 5NW, England, Andover, 2 Viscount Court.

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