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Oro Audio Ltd

10365388

active
Private Limited Company
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 08/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18201
Reproduction of sound recording
59120
Motion picture, video and television programme post-production activities
59200
Sound recording and music publishing activities

Officers

Mr Andrius Mackevicius

director · Since 08/09/2016

COMPANY DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Andrius Mackevicius

25–50% shares

Lithuanian · United Kingdom · Age 33

20-22, Wenlock Road, London, N1 7GU

Notified 08/09/2016

Former PSCs

Mr Brutenis Jusaitis

Ceased 01/07/2020

CompanyRankvs 263+ SIC 18201 peers
54

Financial strength55th percentile among SIC peers · 14/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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263Oro Audio Ltd
53
How is this score calculated?
Financial strength14/25 pts

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

Employees3/15 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.

Longevity10/15 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 30/09/2024

Net Worth

£922

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£922

Working capital

Current Assets

£3k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£922
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.45
20231.53
20221.09
20212.66
20209.56
20181.56

Derived from filed accounts. Not audited figures.