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Audiocodes Europe Ltd

04779506

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

5.2 CENTRAL HOUSE, LONDON, N3 1LQ
Incorporated 28/05/2003

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

61100
Wired telecommunications activities

Officers

Mr Niran Baruch

director · Since 07/02/2022

CFO

ISRAELI · ISRAEL · Age 55

Mr Ofer Nimtsovich

director · Since 07/02/2022

COO

ISRAELI · ISRAEL · Age 57

Persons with Significant Control

Audiocodes Ltd

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

1, Hayarden Street, Airport City

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

WESTMEAD HOUSE LIMITED

Created 13/04/2011Registered 15/04/2011

CompanyRankvs 1290+ SIC 61100 peers
36

Financial strength17th percentile among SIC peers · 4/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1290Audiocodes Europe Ltd
56
How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

Outstanding charges: -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

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£315k

Cash in the bank

Profit Before Tax

£266k

Bottom line earnings

Net Current Assets

£581k

Working capital

Current Assets

£984k

Current Liabilities

£403k

Fixed Assets

£217k

Debtors

£669k

Admin Expenses

£3.0M

Profit After Tax

£193k

0avg. employees

Tax at Year End

Corp tax£84k
Dividends paid£300k

People Costs

Wages & salaries£2.4M

Balance Sheet

Assets less current liabilities£798k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.44

Derived from filed accounts. Not audited figures.