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Inspired Audio Limited

06978821

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CHAPEL HILL COTTAGE CHAPEL HILL, CHESTERFIELD, S45 0AS
Incorporated 03/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Christopher Peter Scott

director · Since 21/10/2019

DIRECTOR

ENGLISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr Christopher Peter Scott

75–100% shares
75–100% votes

English · England · Age 67

Chapel Hill Cottage, Chapel Hill, Chesterfield, S45 0AS

Notified 21/10/2019

Former PSCs

Mr Gareth Jon Hunt

Ceased 21/10/2019

CompanyRankvs 1403+ SIC 27900 peers
48

Financial strength7th percentile among SIC peers · 2/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

-£21k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£193k

Current Liabilities

£201k

Fixed Assets

£27k

Debtors

£44k

3avg. employees-1

Balance Sheet

Assets less current liabilities£19k
Signed by 06978821 2024-01-01 2024-12-31 06978821 2024-12-31 06978821 bus:OrdinaryShareClass1 2024-12-31 06978821 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£53k
20230.70+£30k
20220.51-£60k
20210.84-£7k
20200.79

Derived from filed accounts. Not audited figures.