Back to search

The Sound Practice Limited

04885696

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Garthur Limited Basepoint Business Centre, 110 Butterfield, Great Marling’S, Luton, LU2 8DL
Incorporated 03/09/2003

Previously known as

Tribe Audio Limited · until 09/09/2003

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr James Nathaniel Almey

director · Since 03/09/2003

DIRECTOR

BRITISH · ENGLAN · Age 59

Also on 2 other boards

Mr Henry James Wilkinson

secretary · Since 01/10/2019

James Nathaniel Almey

director · Since 03/09/2003

British · England · Age 59

Henry James Wilkinson

secretary · Since 01/10/2019

Former

Theydon Secretaries Limited

corporate nominee secretary · Resigned 03/09/2003

Theydon Nominees Limited

corporate nominee director · Resigned 03/09/2003

Mary Ann Ellis

secretary · Resigned 02/05/2019

Persons with Significant Control

Mr James Nathaniel Almey

75–100% shares

British · England · Age 59

Garthur Limited, Basepoint Business Centre, Luton, LU2 8DL

Notified 06/04/2016

Change History

statusactive
2026-06-12

Active

typeltd
2026-06-12

Private Limited Company

address line1Garthur Limited Basepoint Business Centre
2026-06-12

GARTHUR LIMITED BASEPOINT BUSINESS CENTRE

post townLuton
2026-06-12

LUTON

officer appointedWILKINSON, Henry James
2026-06-12
officer appointedALMEY, James Nathaniel
2026-06-12

CompanyRankvs 188+ SIC 47430 peers
72

Financial strength66th percentile among SIC peers · 17/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 5.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength17/25 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.

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

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£28k

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.06+£2k
20237.02-£223
20229.30+£500
20217.31-£6k
20204.30+£19k
201911.48+£1k
20182933.00

Derived from filed accounts. Not audited figures.