Mastersounds Audio Limited
09548952
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/03/2019
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
Persons with Significant Control
Mr Ryan Edward Shaw
English · England · Age 46
Hilton House, Lord Street, Stockport, SK1 3NA
Notified 06/04/2016
Miss Victoria Buchanan
British · England · Age 48
Hilton House, Lord Street, Stockport, SK1 3NA
Notified 12/03/2019
CompanyRankvs 48+ SIC 26400 peers73
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce
Key FinancialsYear ending 31/05/2025
Net Worth
£376k
Balance sheet strength
Cash
£235k
Cash in the bank
Net Current Assets
£369k
Working capital
Current Assets
£424k
Current Liabilities
£55k
Fixed Assets
£9k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.68 | +£50k |
| 2024 | 2.66 | +£80k |
| 2023 | 3.06 | — |
Derived from filed accounts. Not audited figures.