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Cyrus Audio Limited

05158466

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 5C SPITFIRE CLOSE, HUNTINGDON, PE29 6XY
Incorporated 21/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26400
Manufacture of consumer electronics

Officers

Mr Simon Julian Freethy

director · Since 01/09/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Nicholas Clarke

director · Since 30/04/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Karen Mcderment

secretary · Since 26/02/2025

Persons with Significant Control

Audyus Ltd

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Unit 5c, Spitfire Close, Huntingdon, PE29 6XY

Reg: 05158526 · Uk · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/06/2020Registered 10/07/2020
Charge
satisfied

ARCHOVER LIMITED

Created 21/05/2018Registered 08/06/2018Satisfied 17/11/2021
Charge
satisfied

HSBC BANK PLC

Created 13/11/2014Registered 17/11/2014Satisfied 06/07/2018
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 19/09/2014Registered 19/09/2014Satisfied 06/07/2018
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 19/09/2014Registered 19/09/2014Satisfied 06/07/2018
Charge
satisfied

HSBC BANK PLC

Created 09/09/2014Registered 09/09/2014Satisfied 06/07/2018
Charge
outstanding

FE LOAN MANAGEMENT LIMITED

Created 12/11/2013Registered 19/11/2013
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 05/05/2009Registered 08/05/2009Satisfied 21/04/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/09/2004Registered 14/09/2004Satisfied 21/04/2015
charge
satisfied

EURO SALES FINANCE PLC

Created 02/09/2004Registered 10/09/2004Satisfied 21/04/2015

CompanyRankvs 739+ SIC 26400 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength0/25 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.

Liquidity2/20 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 30/06/2025

Net Worth

-£3.1M

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£686k

Current Liabilities

£2.3M

Fixed Assets

£23k

Debtors

£634k

0avg. employees-13

Balance Sheet

Assets less current liabilities-£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£384k
20240.36-£195k
20230.35-£337k
20220.54-£106k
20210.62+£40k
20200.44-£878k
20190.99-£758k
20181.60

Derived from filed accounts. Not audited figures.