Binary Audio Ltd
08346605
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mark Littlewood
British · United Kingdom · Age 56
71, Highland Drive, Chorley, PR7 7AB
Notified 06/04/2016
CompanyRankvs 704+ SIC 59200 peers80
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£307k
Balance sheet strength
Cash
£210k
Cash in the bank
Net Current Assets
£147k
Working capital
Current Assets
£211k
Current Liabilities
£64k
Fixed Assets
£167k
Debtors
£220
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.30 | +£54k |
| 2024 | 2.90 | +£47k |
| 2023 | 1.82 | — |
Derived from filed accounts. Not audited figures.