GUITAR GUITAR LIMITED
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Cash
£2M
+67.3% vs 2024
Net assets
£10M
+9.8% vs 2024
Employees
160
-2.4% vs 2024
Profit before tax
£4M
+14.1% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £46,220,753 | £48,865,751 | +5.7% | |
| Operating profit | £3,476,845 | £3,962,419 | +14% | |
| Profit before tax | £3,506,382 | £4,000,096 | +14.1% | |
| Net profit | £2,672,344 | £3,010,112 | +12.6% | |
| Cash | £1,176,354 | £1,967,817 | +67.3% | |
| Total assets less current liabilities | £9,644,475 | £10,545,683 | +9.3% | |
| Net assets | £9,442,922 | £10,369,699 | +9.8% | |
| Equity | £9,442,922 | £10,369,699 | +9.8% | |
| Average employees | 164 | 160 | -2.4% | |
| Wages | £5,191,957 | £5,575,701 | +7.4% | |
| Directors' remuneration | £1,062,220 | £1,079,039 | +1.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | 7.5% | 8.1% | |
| Net margin | 5.8% | 6.2% | |
| Return on capital employed | 36.1% | 37.6% | |
| Current ratio | 4.25x | 3.88x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- GUITAR GUITAR LIMITED 2003-12-15 → present
- STONEYBRAE LIMITED 2003-04-09 → 2003-12-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Thomson Cooper
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors expect that the company has adequate resources to continue in operational existence for a period of not less than twelve months. The directors have reviewed their cashflow requirements and are satisfied that both short term liquidity and longer term financial viability is appropriate and as such the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “60% of the issued share capital of the company was purchased by Guitar Guitar EOT Trustees Limited (the "Trust") in January 2022. The company expects to benefit from the employee ownership structure through stable ownership and employee retention. The funding for the transaction was achieved through contributions by the company with monthly instalments being paid over 5 years. No liability has been recognised in the accounts as the obligation lies with the Trust. During the year the company made contributions of £2,083,335 (2024 - £2,166,667) to the Trust.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Graham | Secretary | 2003-07-22 | — | British |
| BELL, Graham | Director | 2009-04-01 | Oct 1959 | British |
| CONDIE, Sean Alexander | Director | 2005-08-22 | Oct 1972 | British |
| HENDERSON, Andrew | Director | 2016-01-05 | Nov 1983 | British |
| MCBAY, Christopher | Director | 2003-04-11 | Sep 1951 | Scottish |
| MCKENZIE, Mark Alan | Director | 2009-06-01 | Apr 1984 | British |
| MILLS, Steven Alan | Director | 2011-09-13 | Jun 1977 | British |
| SIMPSON, Robert | Director | 2022-05-06 | Jan 1987 | British |
| SPECK, Adam | Director | 2022-05-06 | May 1984 | British |
| SPICER, Rowan | Director | 2022-05-06 | Jan 1979 | New Zealander |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCBAY, Linda | Secretary | 2003-04-11 | 2003-07-22 |
| BRIAN REID LTD. | Corporate Nominee Secretary | 2003-04-09 | 2003-04-11 |
| CLARK, Helen | Director | 2011-09-13 | 2023-02-28 |
| FROST, Jonathan Robert | Director | 2017-01-05 | 2020-05-13 |
| GRAY, Stephen | Director | 2005-08-22 | 2024-01-31 |
| HUGHES, Paul Ben | Director | 2015-09-08 | 2016-02-16 |
| MCBAY, Linda | Director | 2003-04-11 | 2014-04-24 |
| STEPHEN MABBOTT LTD. | Corporate Nominee Director | 2003-04-09 | 2003-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Guitar Guitar Eot Trustees Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2022-01-28 | Active |
| Mr Graham Bell | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-01-28 |
| Mr Christopher Mcbay | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-01-28 |
Filing timeline
Last 20 of 94 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-02-01 MA Memorandum articles
- 2022-02-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-19 | AA | accounts | Accounts with accounts type full | |
| 2025-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-09 | AA | accounts | Accounts with accounts type full | |
| 2022-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-03 | AA | accounts | Accounts with accounts type full | |
| 2022-02-01 | MA | incorporation | Memorandum articles | |
| 2022-02-01 | RESOLUTIONS | resolution | Resolution | |
| 2022-02-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.