Clockwork Audio Systems Limited
05709455
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 14/03/2026
Due 28/03/2027
Industry
Officers
director · Since 19/11/2007
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 2 other boards
Persons with Significant Control
Mr David Richard Monk
British · England · Age 58
Unit 94 - 97, Faraday Mill Business Park, Faraday Road, Plymouth, PL4 0ST
Notified 30/06/2016
Former PSCs
Mr Nicholas Alexander Western
Ceased 21/12/2021
CompanyRankvs 65+ SIC 47430 peers82
Show leaderboard
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 31/12/2024
Net Worth
£128k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£80k
Working capital
Current Assets
£108k
Current Liabilities
£27k
Fixed Assets
£76k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.92 | -£606 |
| 2023 | 3.37 | +£19k |
| 2022 | 4.58 | +£12k |
| 2021 | 2.10 | -£76k |
| 2020 | 4.96 | -£42k |
| 2019 | 2.93 | +£23k |
| 2018 | 2.41 | — |
Derived from filed accounts. Not audited figures.