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Audio Partnership Plc

02953313

active
Public Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

GALLERY COURT, LONDON, SE1 4BB
Incorporated 27/07/1994

Compliance

Last accounts

31/03/2025

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

27510
Manufacture of electric domestic appliances

Officers

Mr James Johnson-Flint

director · Since 31/07/2015

COMPANY DIRECTOR

BRITISH · MONACO · Age 58

Also on 8 other boards

James Johnson-Flint

secretary · Since 10/10/2023

Mrs Pauline Johnson-Flint

director · Since 03/01/2024

COMPANY DIRECTOR

BRITISH · MONACO · Age 60

Persons with Significant Control

Audio Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Gallery Court, Hankey Place, London, SE1 4BB

Notified 02/03/2021

Former PSCs

Mr James Johnson-Flint

Ceased 02/03/2021

Mr Stuart Ian George

Ceased 06/04/2016

Mr Julian Richer

Ceased 02/03/2021

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/09/2020Registered 09/10/2020
Charge
outstanding

METRO BANK PLC

Created 28/02/2020Registered 02/03/2020
charge
satisfied

MORDAUNT SHORT LIMITED

Created 11/12/1998Registered 24/12/1998Satisfied 13/03/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/10/1994Registered 04/11/1994Satisfied 28/02/2020

CompanyRankvs 26+ SIC 27510 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.71× · 16/20
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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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.

Employees15/15 pts

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

Liquidity16/20 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£4.8M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£89k

Bottom line earnings

Net Current Assets

£4.8M

Working capital

Current Assets

£11.5M

Current Liabilities

£6.7M

Fixed Assets

£488k

Debtors

£7.0M

Admin Expenses

£7.3M

Profit After Tax

£650k

61avg. employees-9

People Costs

Wages & salaries£3.5M

Balance Sheet

Intangible assets£8k
Bank loans & overdrafts£1.2M
Assets less current liabilities£5.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.71+£650k
20241.60

Derived from filed accounts. Not audited figures.