Sound Technology Limited
01454050
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 21/02/2026
Due 07/03/2027
Industry
Officers
director · Since 30/11/2017
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 62
Also on 15 other boards
secretary · Since 20/02/2026
director · Since 02/03/2026
BRITISH · UNITED KINGDOM · Age 48
Also on 55 other boards
secretary · Since 20/02/2026
Former
director · Resigned 16/05/1996
director · Resigned 16/05/1996
director · Resigned 22/02/2000
director · Resigned 31/05/2005
secretary · Resigned 30/11/2017
director · Resigned 31/05/2018
secretary · Resigned 30/09/2020
director · Resigned 31/12/2020
director · Resigned 31/12/2022
director · Resigned 11/08/2023
director · Resigned 30/08/2024
secretary · Resigned 23/12/2025
director · Resigned 27/02/2026
Persons with Significant Control
Midwich Limited
Vinces, Road, Diss, IP22 4YT
Reg: 1436289 · Companies House · Private Limited By Shares
Notified 30/11/2017
Former PSCs
Mr Robert Allan Wilson
Ceased 30/11/2017
Charges7 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC UK BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
LLOYDS BANK PLC
LLOYDS BANK PLC
Change History
Active
Private Limited Company
VINCES
DISS
CompanyRankvs 190+ SIC 46491 peers65
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 concern are d
Key FinancialsYear ending 31/12/2022
Turnover
£27.1M
Annual revenue
Net Worth
£3.8M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£236k
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£7.3M
Current Liabilities
£3.8M
Fixed Assets
£1.2M
Debtors
£3.1M
Cost of Sales
£23.0M
Gross Profit
£4.1M
Admin Expenses
£3.6M
Operating Profit
£270k
Profit After Tax
£242k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.91 | +£111k |
| 2021 | 1.54 | +£398k |
| 2020 | 1.49 | -£959k |
| 2019 | 1.60 | — |
Derived from filed accounts. Not audited figures.