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Ultimate Audio Limited

03431847

active
Private Limited Company
england wales
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

UNIT 5A, BROMSGROVE, B60 3DR
Incorporated 10/09/1997

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Ian Michael Cushing

director · Since 10/09/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Karl Ward

director · Since 26/11/2014

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Ian Michael Cushing

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

British · England · Age 61

Unit 5a, Sherwood Road, Bromsgrove, B60 3DR

Notified 06/04/2016

CompanyRankvs 62+ SIC 47430 peers
82

Financial strength83th percentile among SIC peers · 21/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.32× · 20/20
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 strength21/25 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.

Liquidity20/20 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 30/09/2024

Net Worth

£132k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£116k

Working capital

Current Assets

£150k

Current Liabilities

£35k

Fixed Assets

£58k

Debtors

£28k

3avg. employees+1

Tax at Year End(2020)

Corp tax£9k

Balance Sheet

Assets less current liabilities£174k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.32+£19k
20232.62-£6k
20224.39+£11k
20213.42+£3k
20203.30+£29k
20195.11+£22k
20181.88

Derived from filed accounts. Not audited figures.