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Audiocreate Limited

04308624

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 THE GREEN, RICHMOND, TW9 1PL
Incorporated 22/10/2001

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

John Selwyn Parker

director · Since 22/10/2001

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

The Legal Partners Limited

secretary · Since 20/09/2006

BRITISH

Also on 1 other board

Persons with Significant Control

Mr John Selwyn Parker

75–100% shares

British · England · Age 59

1, The Green, Richmond, TW9 1PL

Notified 03/10/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 30/12/2008Registered 03/01/2009

CompanyRankvs 211+ SIC 47430 peers
60

Financial strength59th percentile among SIC peers · 15/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 18.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees5/15 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.

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

£10k

Balance sheet strength

Cash

£439

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£580

Debtors

£10k

1avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202418.02+£250
202317.58+£249
202217.73+£603
202114.12+£2k
20201.94+£659
20191.80

Derived from filed accounts. Not audited figures.