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Searle Audio Limited

02496343

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

23-24 HAWSVIEW INDUSTRIAL ESTATE, BARROW IN FURNESS, LA14 4TN
Incorporated 26/04/1990

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores
95210
Repair of consumer electronics

Officers

Gary Paul Searle

director · Since 01/07/2002

ENGINEER

BRITISH · ENGLAND · Age 48

Mrs Lisa Searle

director · Since 01/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Gary Paul Searle

25–50% shares
25–50% votes

British · England · Age 48

23-24, Hawsview Industrial Estate, Barrow In Furness, LA14 4TN

Notified 06/04/2016

Mrs Lisa Searle

25–50% shares
25–50% votes

British · United Kingdom · Age 54

23-24, Hawsview Industrial Estate, Barrow In Furness, LA14 4TN

Notified 13/06/2022

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2019Registered 29/05/2019

CompanyRankvs 250+ SIC 47430 peers
57

Financial strength57th percentile among SIC peers · 14/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£8k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£113k

Current Liabilities

£100k

Fixed Assets

£33k

Debtors

£33k

Profit After Tax

£1k

3avg. employees-1

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£47k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13+£1k
20241.21-£15k
20231.53-£14k
20222.15+£27k
20211.93+£18k
20201.20+£20k
20190.99-£25k
20171.41

Derived from filed accounts. Not audited figures.