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Union Audio Limited

08882445

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 4 CORNWALL BUSINESS PARK WEST, REDRUTH, TR16 5EZ
Incorporated 07/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26400
Manufacture of consumer electronics

Officers

Mr Andrew Charles Rigby-Jones

director · Since 07/02/2014

DESIGN ENGINEER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr Robert Shaw

director · Since 24/03/2026

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Unique Analogue Holdings Ltd

75–100% shares
75–100% votes

Unit 4, Cornwall Business Park West, Redruth, TR16 5EZ

Reg: 15740352 · Register Of Companies · Limited Company

Notified 03/06/2024

Former PSCs

Mr Andrew Charles Rigby-Jones

Ceased 16/09/2024

Charges2 outstanding

Charge
outstanding

HSBC BANK UK PLC

Created 24/02/2021Registered 26/02/2021
Charge
outstanding

HSBC UK BANK PLC

Created 18/12/2020Registered 19/12/2020

CompanyRankvs 34+ SIC 26400 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.19× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£652k

Balance sheet strength

Cash

£269k

Cash in the bank

Net Current Assets

£390k

Working capital

Current Assets

£465k

Current Liabilities

£75k

Fixed Assets

£334k

Debtors

£78k

10avg. employees-1

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£71k
Assets less current liabilities£723k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20256.19+£17k
20244.50-£66k
20236.08

Derived from filed accounts. Not audited figures.