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Art Audio (Uk) Limited

02733624

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

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

62 VAUGHAN AVENUE, NOTTINGHAM, NG15 8BT
Incorporated 23/07/1992

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 27/06/2025

Due 11/07/2026

On track

Industry

26400
Manufacture of consumer electronics
27900
Manufacture of other electrical equipment

Officers

Mr Thomas Willis

director · Since 23/07/1992

DESIGN ENGINEER

BRITISH · UNITED KINGDOM · Age 79

Valerie Pauline Willis

secretary · Since 01/10/1993

HOUSE WIFE

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Valerie Pauline Willis

director · Since 01/10/1993

AUDIO EQUIPMENT

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Persons with Significant Control

Mr Thomas Willis

75–100% shares

British · England · Age 79

62, Vaughan Avenue, Nottingham, NG15 8BT

Notified 24/05/2016

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 18/02/1993Registered 04/03/1993

CompanyRankvs 335+ SIC 26400 peers
46

Financial strength59th percentile among SIC peers · 15/25
Employees74th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
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 strength15/25 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.

Liquidity0/20 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 31/07/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

Current Liabilities

£10k

2avg. employees

Tax at Year End(2023)

VAT£137

Balance Sheet

Assets less current liabilities-£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025+£0
20240.76+£0
20231.15+£0£3k
20220.84+£0
20211.03+£0
20201.16+£0
20190.82+£0
20180.77

Derived from filed accounts. Not audited figures.