Absolut5 Audio Limited
09751560
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 26/08/2025
Due 09/09/2026
Industry
Officers
Persons with Significant Control
Mr Jason Finniss
British · England · Age 56
43, Fisherton Street, Salisbury, SP2 7SU
Notified 26/08/2016
Mrs Jennie Finniss
British · England · Age 52
43, Fisherton Street, Salisbury, SP2 7SU
Notified 26/07/2023
Former PSCs
Mrs Jennie Finnis
Ceased 21/01/2026
CompanyRankvs 121+ SIC 47430 peers78
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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 31/10/2024
Net Worth
£542k
Balance sheet strength
Cash
£522k
Cash in the bank
Net Current Assets
£464k
Working capital
Current Assets
£527k
Current Liabilities
£63k
Fixed Assets
£99k
Debtors
£1k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.37 | +£68k |
| 2023 | 6.55 | +£71k |
| 2022 | 5.66 | +£67k |
| 2021 | 5.52 | +£71k |
| 2020 | 3.21 | +£54k |
| 2019 | 3.86 | +£69k |
| 2018 | 2.30 | — |
Derived from filed accounts. Not audited figures.