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Marcus Reed Audio Limited

09506192

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

71 TRENOWETH ROAD, FALMOUTH, TR11 5GH
Incorporated 24/03/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/03/2026

Due 07/04/2027

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Marcus Julian Reed

director · Since 24/03/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Marcus Julian Reed

75–100% shares

British · United Kingdom · Age 50

71, Trenoweth Road, Falmouth, TR11 5GH

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 13/11/2015Registered 17/11/2015
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 19/06/2015Registered 23/06/2015

CompanyRankvs 294+ SIC 47430 peers
54

Financial strength67th percentile among SIC peers · 17/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.37× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 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.

Longevity11/15 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 31/12/2024

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£166k

Current Liabilities

£121k

Fixed Assets

£22k

2avg. employees+1

Balance Sheet

Assets less current liabilities£45k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.37-£19k
20231.57+£33k
20211.78-£9k
20202.06-£7k
20191.73+£6k
20181.74

Derived from filed accounts. Not audited figures.