Spendor Audio Systems Limited
03888529
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 6 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/01/2026
Due 03/02/2027
Industry
Officers
director · Since 31/12/2007
EXECUTIVE CHAIRMAN
BRITISH · ENGLAND · Age 68
Also on 2 other boards
Former
director · Resigned 30/06/2026
secretary · Resigned 30/06/2026
Persons with Significant Control
Mr Philip Maurice Swift
British · England · Age 75
Unit 8, Selden Way, Catcliffe, S60 5XA
Notified 06/04/2016
Mr Ajay Baburao Shirke
British · England · Age 68
Unit 8, Selden Way, Catcliffe, S60 5XA
Notified 06/04/2016
Charges6 outstanding
UNION BANK OF INDIA (UK) LIMITED, SENATOR HOUSE, 85 QUEEN VICTORIA STREET, LONDON EC4V 4AB
UNION BANK OF INDIA (UK) LIMITED, SENATOR HOUSE, 85 QUEEN VICTORIA STREET, LONDON EC4V 4AB
UNION BANK OF INDIA (UK) LIMITED, SENATOR HOUSE, 85 QUEEN VICTORIA STREET, LONDON EC4V 4AB
UNION BANK OF INDIA (UK) LIMITED, SENATOR HOUSE, 85 QUEEN VICTORIA STREET, LONDON EC4V 4AB, UNI
UNION BANK OF INDIA (UK) LTD
UNION BANK OF INDIA (UK) LIMITED
Change History
Active
Private Limited Company
UNIT 8 SELDEN WAY
CATCLIFFE
CompanyRankvs 735+ SIC 26400 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£976k
Balance sheet strength
Cash
£924k
Cash in the bank
Net Current Assets
-£116k
Working capital
Current Assets
£2.9M
Current Liabilities
£3.0M
Fixed Assets
£415k
Debtors
£499k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.96 | -£1.4M |
| 2023 | 1.27 | — |
Derived from filed accounts. Not audited figures.