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Hand Held Audio Limited

03312928

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE MALTINGS, HALSTEAD, CO9 1HZ
Incorporated 05/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Niki Bruce Smith

secretary · Since 05/02/1997

SOUND ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Niki Bruce Smith

director · Since 05/02/1997

SOUND ENGINEER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Julie Bruce-Smith

director · Since 07/10/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Niki Bruce Smith

50–75% shares
50–75% votes
Appoint directors

British · England · Age 62

The Maltings, Rosemary Lane, Halstead, CO9 1HZ

Notified 01/07/2016

Mrs Julie Bruce Smith

25–50% shares
25–50% votes

British · England · Age 63

Chase Green House, 42 Chase Side, Enfield, EN2 6NF

Notified 22/11/2018

CompanyRankvs 12891+ SIC 74909 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£147k

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£207k

Current Liabilities

£284k

Fixed Assets

£564k

Debtors

£130k

5avg. employees+10

Tax at Year End

Corp tax£93k

Balance Sheet

Assets less current liabilities£487k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£51k
20231.22+£17k
20221.34+£63k
20210.90+£6k
20201.13-£106k
20190.58

Derived from filed accounts. Not audited figures.