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Definitive Audio Ltd

04857334

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

STANHOPE HOUSE, LONG EATON, NG10 4QE
Incorporated 06/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Kevin John Scott

director · Since 06/08/2003

AUDIO SPECIALIST

BRITISH · ENGLAND · Age 63

Mrs Lynn Scott

director · Since 01/04/2017

ADMINISTRATOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Kevin John Scott

25–50% shares

British · England · Age 63

Stanhope House, Long Eaton, NG10 4QE

Notified 06/04/2016

Mrs Lynn Scott

25–50% shares

British · England · Age 59

Stanhope House, Long Eaton, NG10 4QE

Notified 06/04/2016

CompanyRankvs 43+ SIC 47430 peers
85

Financial strength90th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.36× · 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 strength23/25 pts

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

Employees12/15 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

£305k

Balance sheet strength

Cash

£263k

Cash in the bank

Net Current Assets

£300k

Working capital

Current Assets

£427k

Current Liabilities

£127k

Fixed Assets

£19k

Debtors

£29k

4avg. employees-1

Balance Sheet

Intangible assets£0
Assets less current liabilities£318k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.36+£53k
20232.90-£104k
20224.55+£32k
20213.47
20203.03
20194.61
20183.77

Derived from filed accounts. Not audited figures.