Audioworks (North West) Limited
05186126
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/05/2024
director · Since 01/05/2024
AV AND AUDIO ENGINEER
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
Persons with Significant Control
Mr James Reed Hudspeth
British · United Kingdom · Age 44
Unit 2a Bentham Business Park, Lancaster, LA2 7NB
Notified 01/05/2024
Former PSCs
Mr Martin Peter Hodgson
Ceased 01/05/2024
Mrs Michelle Margaret Hodgson
Ceased 01/05/2024
Charges0 outstanding
MARTIN PETER HODGSON · MICHELLE MARGARET HODGSON
CompanyRankvs 5132+ SIC 74909 peers81
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£102k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
£71k
Working capital
Current Assets
£197k
Current Liabilities
£127k
Fixed Assets
£40k
Debtors
£129k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.56 | -£13k |
| 2024 | 1.54 | +£43k |
| 2023 | 1.13 | +£27k |
| 2022 | 1.04 | -£52k |
| 2021 | 1.35 | -£3k |
| 2020 | 1.29 | -£27k |
| 2019 | 1.51 | — |
Derived from filed accounts. Not audited figures.