Audiac Audio Ltd
11557582
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/09/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 36
director · Since 07/09/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Persons with Significant Control
Mr William Douglas-John Golledge
British · United Kingdom · Age 36
124, Gloucester Road, Bristol, BS34 5BP
Notified 07/09/2018
Mr Jonathan Robin Macnab
British · United Kingdom · Age 35
124, Gloucester Road, Bristol, BS34 5BP
Notified 07/09/2018
CompanyRankvs 481+ SIC 18201 peers41
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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 30/09/2025
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£2k
Current Liabilities
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.29 | -£10k |
| 2024 | 3.67 | -£2k |
| 2023 | 3.36 | -£4k |
| 2022 | 1.19 | +£19k |
| 2021 | 0.04 | -£3k |
| 2020 | 0.55 | — |
| 2019 | -22.92 | — |
Derived from filed accounts. Not audited figures.