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Hifi Lounge Limited

08472657

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

4 GRANARY BUILDINGS, DUNTON, SG18 8RH
Incorporated 04/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Paul Alan Clark

director · Since 04/04/2013

RETAILER

BRITISH · ENGLAND · Age 57

Mrs Wendy Elizabeth Clark

director · Since 04/04/2013

RETAILER

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Paul Alan Clark

25–50% shares
25–50% votes

British · England · Age 57

4, Granary Buildings, Dunton, SG18 8RH

Notified 06/04/2016

Wendy Elizabeth Clark

25–50% shares
25–50% votes

British · England · Age 55

4, Granary Buildings, Dunton, SG18 8RH

Notified 06/04/2016

CompanyRankvs 109+ SIC 47430 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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109Hifi Lounge Limited
78
How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/03/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£255k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£279k

Current Liabilities

£277k

Fixed Assets

£1.7M

Debtors

£25k

5avg. employees+1

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01+£176k
20230.85-£115k
20221.87+£47k
20213.35+£194k
20203.46+£384k
20195.80—

Derived from filed accounts. Not audited figures.