Quad Electroacoustics Limited
01388827
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2021
GENERAL MANAGER
PORTUGUESE · ENGLAND · Age 66
Also on 6 other boards
director · Since 14/06/2022
BUSINESS DEVELOPMENT DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 6 other boards
director · Since 12/05/2026
BRITISH · ENGLAND · Age 59
Also on 2 other boards
Persons with Significant Control
Iag Limited
Iag House, 13/14 Glebe Road, Huntingdon, PE29 7DL
Reg: 03384646 · Companies House · Limited By Shares
Notified 31/12/2022
Former PSCs
Pointfield Limited
Ceased 31/12/2022
Charges0 outstanding
HSBC BANK PLC
MIDLAND BANK PLC
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
THE ACCOUSTICAL MANUFACTURING COMPANY LIMITED
BARCLAYS BANK PLC
CompanyRankvs 137+ SIC 27510 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.4 Tangible fixed assets Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accu
Key FinancialsYear ending 29/12/2019
Net Worth
-£2.6M
Balance sheet strength
Cash
£112k
Cash in the bank
Net Current Assets
-£3.7M
Working capital
Current Assets
£2.8M
Current Liabilities
£6.5M
Fixed Assets
£1.3M
Debtors
£2.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 0.43 |
Derived from filed accounts. Not audited figures.