Back to search

Audio Technical Services Ltd.

06858930

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KINGSNORTH HOUSE, BIRMINGHAM, B44 8LS
Incorporated 25/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Lester Miles Tandy

director · Since 01/04/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Graham Tandy

secretary · Since 06/07/2021

Persons with Significant Control

Mr Lester Miles Tandy

50–75% shares

British · United Kingdom · Age 51

Kingsnorth House, Blenheim Way, Birmingham, B44 8LS

Notified 21/03/2017

CompanyRankvs 34911+ SIC 74909 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Burbidge & Son Limited
90
2Kellands (Holdings) Limited
90
3National Association Of Teachers Of Dancing Limited(The)
90
4Processors & Growers Research Organisation
90
5Selby Livestock Auction Mart Limited
90
6Werfen Limited
90
7Butterworth Laboratories Limited
90
8Green & Preece (Grinding) Limited
90
9Seen And Heard Limited
90
10Quest Underwater Services Limited
90
34911Audio Technical Services Ltd.
47
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. true 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and

Key FinancialsYear ending 31/03/2024

Net Worth

-£80k

Balance sheet strength

Cash

£494

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£13k

Current Liabilities

£96k

Fixed Assets

£5k

Debtors

£9k

5avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£77k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£49k
20230.44-£25k
20220.65-£14k
20211.12+£2k
20200.88-£5k
20191.00—

Derived from filed accounts. Not audited figures.