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Project Audio Ltd

06542935

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 8 BESSEMER PARK, LONDON, SE24 0HG
Incorporated 25/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Ms Claire Munnelly

director · Since 25/03/2008

MANAGER

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Ms Claire Munnelly

25–50% shares

British · England · Age 48

Unit 8 Bessemer Park, 250 Milkwood Road, London, SE24 0HG

Notified 06/04/2016

Mr Jason Bacon

25–50% shares

British · England · Age 53

Unit 8 Bessemer Park, 250 Milkwood Road, London, SE24 0HG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/05/2019Registered 30/05/2019

CompanyRankvs 6061+ SIC 74909 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.21× · 20/20
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 strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

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

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£637k
Signed by 2022-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20234.21-£2k
20225.94+£229k
20213.41-£226k
20202.18-£52k
20191.95

Derived from filed accounts. Not audited figures.