Wessex Audio Ltd
10925741
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/08/2017
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Mr Richard Swannie
British · England · Age 43
Unit 2a, Railway Triangle Industrial Estate, Dorchester, DT1 2PJ
Notified 21/08/2017
CompanyRankvs 25315+ SIC 43999 peers51
Show leaderboard
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 31/08/2024
Net Worth
£2k
Balance sheet strength
Cash
£275
Cash in the bank
Net Current Assets
£609
Working capital
Current Assets
£10k
Current Liabilities
£9k
Fixed Assets
£4k
Debtors
£2k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.06 | -£2k |
| 2023 | 1.39 | +£3k |
| 2022 | 1.30 | -£69 |
| 2021 | 1.24 | — |
| 2020 | 0.32 | — |
| 2019 | 0.83 | — |
| 2018 | 0.54 | — |
Derived from filed accounts. Not audited figures.