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Audience Systems Limited

01043134

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

19B WASHINGTON ROAD, WESTBURY, BA13 4JP
Incorporated 21/02/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Gary Pillinger

director · Since 01/09/2014

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Steven Edgeworth

secretary · Since 13/12/2016

Mr Steven James Edgeworth

director · Since 07/01/2019

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Hiroshi Jinza

director · Since 01/06/2023

SENIOR FINANCIAL ADVISOR

JAPANESE · JAPAN · Age 69

Mrs Keiko Sutton

director · Since 01/02/2026

AMERICAN,JAPANESE · UNITED STATES · Age 47

Persons with Significant Control

Mr Shigeyuki Fukasawa

ownership-of-shares-75-to-100-percent-as-firm
Significant control

Japanese · Japan · Age 85

4, 4-6-6 Seijo Setagaya,, Tokyo

Notified 06/04/2016

Mr Gary Pillinger

Significant control

British · England · Age 57

19b, Washington Road, Westbury, BA13 4JP

Notified 06/04/2016

Mrs Keiko Sutton

ownership-of-shares-25-to-50-percent-as-firm

American,Japanese · United States · Age 47

19b, Washington Road, Westbury, BA13 4JP

Notified 06/04/2016

Mr Kota Fukasawa

ownership-of-shares-25-to-50-percent-as-firm

Japanese · Japan · Age 52

19b, Washington Road, Westbury, BA13 4JP

Notified 06/04/2016

Former PSCs

Mr Akira Yoshimori

Ceased 12/04/2017

Mr Keith Ritson

Ceased 30/11/2022

Charges6 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 11/01/2011Registered 14/01/2011
charge
outstanding

BARCLAYS BANK PLC

Created 04/06/1999Registered 14/06/1999
charge
outstanding

BARCLAYS BANK PLC

Created 05/05/1999Registered 18/05/1999
charge
outstanding

BARCLAYS BANK PLC

Created 06/01/1999Registered 14/01/1999
charge
satisfied

LLOYDS BANK PLC

Created 05/08/1997Registered 06/08/1997Satisfied 08/07/1999
charge
satisfied

LLOYDS BANK PLC

Created 05/10/1993Registered 12/10/1993Satisfied 02/02/1999
charge
outstanding

CLOSE BROTHERS LIMITED

Created 18/06/1993Registered 26/06/1993
charge
outstanding

H.F.W. CORY

Created 31/12/1992Registered 07/01/1993
charge
satisfied

LLOYDS BANK PLC

Created 14/10/1987Registered 27/10/1987Satisfied 08/07/1999
charge
satisfied

LLOYDS BANK PLC

Created 15/04/1987Registered 21/04/1987Satisfied 08/07/1999
charge
satisfied

LLOYDS BANK PLC

Created 14/09/1982Registered 24/09/1982Satisfied 02/02/1999
charge
satisfied

LLOYDS BANK PLC

Created 12/01/1981Registered 14/01/1981
charge
satisfied

LLOYDS BANK PLC

Created 14/03/1978Registered 20/03/1978Satisfied 02/02/1999

CompanyRankvs 511+ SIC 31090 peers
57

Financial strength99th percentile among SIC peers · 25/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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511Audience Systems Limited
77
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£5.4M

Balance sheet strength

Cash

£721k

Cash in the bank

Net Current Assets

£4.1M

Working capital

Current Assets

£6.9M

Current Liabilities

£2.8M

Fixed Assets

£1.4M

Debtors

£4.8M

Profit After Tax

£649k

0avg. employees-129

Tax at Year End

Corp tax£47k

Balance Sheet

Intangible assets£397k
Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.47+£2.3M
20231.84+£0
20221.43—

Derived from filed accounts. Not audited figures.