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Elite Audio (Distribution) Ltd

09849528

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 30/10/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Mark David Cargill

director · Since 08/03/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mrs Constance Cargill

25–50% shares

British · United Kingdom · Age 51

Unit 10, Comielaw Farm, Pittenweem, Anstruther, KY10 2RE

Notified 15/09/2020

Former PSCs

Mrs Constance Cargill

Ceased 08/03/2018

CompanyRankvs 68+ SIC 47430 peers
83

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

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

£388k

Balance sheet strength

Cash

£314k

Cash in the bank

Net Current Assets

£381k

Working capital

Current Assets

£672k

Current Liabilities

£291k

Fixed Assets

£17k

Debtors

£100k

8avg. employees

Balance Sheet

Assets less current liabilities£398k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.31+£66k
20232.20-£26k
20222.02+£106k
20211.99+£14k
20201.65+£55k
20191.52

Derived from filed accounts. Not audited figures.