Audio Network Limited
04257337
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
audit exemption subsidiary
Next accounts due
31/12/2026
Confirmation statement
Last: 23/07/2025
Due 06/08/2026
Industry
Officers
director · Since 03/10/2016
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
director · Since 29/06/2021
MUSIC PUBLISHER
BRITISH · ENGLAND · Age 58
Also on 6 other boards
director · Since 29/06/2021
EXECUTIVE
AMERICAN · UNITED STATES · Age 64
Also on 3 other boards
secretary · Since 29/06/2021
director · Since 15/07/2022
EXECUTIVE
AMERICAN · UNITED STATES · Age 38
Also on 9 other boards
director · Since 15/07/2022
EXECUTIVE
AMERICAN · UNITED STATES · Age 57
Also on 4 other boards
director · Since 15/07/2022
CHIEF OPERATION OFFICER
AUSTRALIAN · UNITED STATES · Age 60
Also on 4 other boards
Persons with Significant Control
Audio Network Holding Uk Limited
1, Bartholomew Lane, London, EC2N 2AX
Reg: 13469901 · Companies House · Limited By Shares
Notified 29/06/2021
Former PSCs
Mr Kenneth A Fox
Ceased 18/04/2019
Entertainment One Uk Holdings Limited
Ceased 29/06/2021
Charges0 outstanding
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED (AS SECURITY AGENT)
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
CompanyRankvs 18+ SIC 59200 peers80
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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
Going concern doubt: -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 going concern are d
Key FinancialsYear ending 31/03/2022
Turnover
£34.6M
Annual revenue
Net Worth
£22.0M
Balance sheet strength
Cash
£5.7M
Cash in the bank
Profit Before Tax
£11.7M
Bottom line earnings
Net Current Assets
£12.2M
Working capital
Current Assets
£21.1M
Current Liabilities
£8.9M
Fixed Assets
£9.8M
Debtors
£15.3M
Cost of Sales
£3.4M
Gross Profit
£31.2M
Admin Expenses
£19.7M
Operating Profit
£11.5M
Profit After Tax
£9.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 2.37 |
Derived from filed accounts. Not audited figures.