Instinctive Audio Ltd
08808246
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 Michael Robert Sumner
British · Spain · Age 41
Suite 404, 111 West George Street, Glasgow, G2 1QX
Notified 06/04/2016
Ms Niamh O'Meara
Irish · Spain · Age 43
Suite 404, 111 West George St, Glasgow, G2 1QX
Notified 28/11/2017
CompanyRankvs 419+ SIC 59200 peers83
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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 31/12/2024
Net Worth
£133k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£134k
Working capital
Current Assets
£178k
Current Liabilities
£44k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.05 | +£5k |
| 2023 | 4.97 | — |
Derived from filed accounts. Not audited figures.