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At £109, this sits a bit above your £89 median and just above the £105 75th percentile, so it reads as slightly ambitious rather than a bargain. It is not outrageously priced, but it’s close enough to the top of the recent GBP comparables that I’d want the condition and functionality to be clearly solid before paying full ask.

That said, this is a well-regarded, sensible integrated amp: Denon’s PMA series tends to be liked for a clean, punchy, unfussy presentation and good everyday drive for the money. If it’s genuinely tidy, fully working, and hasn’t been messed with, it could still be a worthwhile buy for a straightforward system—just expect less upside than a listing closer to the £56£89 zone.

Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.

About Denon

Denon traces its origins to 1910, when American entrepreneur Frederick Whitney Horn founded Japan's first audio equipment company, Nipponophone, initially focused on gramophones and records. The Denon brand emerged in 1939 from the merger of Japan Denki Onkyo—combining "den" for electricity and "on" for sound—with other entities, marking a shift toward professional audio development. This heritage includes pioneering Japan's first professional disc recorder in 1945, used to capture Emperor Hirohito's voice, and launching the nation's first long-playing records in 1951.

The brand excels across a broad spectrum of hi-fi categories, from amplifiers, turntables, and tuners to loudspeakers, cassette decks, and phono cartridges. Denon's innovations extend to digital frontiers, such as the world's first practical PCM recorder in the early 1970s, the inaugural CD player in 1981, and early home theater systems with Dolby Digital in 1995. Today, its lineup encompasses AV receivers, headphones, wireless streaming solutions like HEOS, and high-channel processors, blending professional-grade components with consumer accessibility.

Denon holds a commanding position as a mid-to-high-end mainstay in the hi-fi market, revered for its blend of technological firsts, robust build quality, and balanced sound signatures that appeal to discerning enthusiasts. No longer a vintage collector's niche, it competes confidently against premium rivals, backed by over a century of audio leadership and strategic partnerships like its merger with Marantz.

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