Project Audio Ltd
06542935
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Claire Munnelly
British · England · Age 48
Unit 8 Bessemer Park, 250 Milkwood Road, London, SE24 0HG
Notified 06/04/2016
Mr Jason Bacon
British · England · Age 53
Unit 8 Bessemer Park, 250 Milkwood Road, London, SE24 0HG
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 6061+ SIC 74909 peers66
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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.
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 29/03/2023
Net Worth
£546k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£442k
Working capital
Current Assets
£579k
Current Liabilities
£137k
Fixed Assets
£195k
Debtors
£575k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 4.21 | -£2k |
| 2022 | 5.94 | +£229k |
| 2021 | 3.41 | -£226k |
| 2020 | 2.18 | -£52k |
| 2019 | 1.95 | — |
Derived from filed accounts. Not audited figures.