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Audio Squadron Ltd

11755634

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 TECHNOLOGY PARK, COLINDALE, NW9 6BX
Incorporated 08/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components
26400
Manufacture of consumer electronics
62012
Business and domestic software development

Officers

Mr David Stephen Rowland

director · Since 08/01/2019

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 39

Mr Julian Barry Storer

director · Since 08/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr James Alexander Woodburn

director · Since 08/01/2019

CEO

BRITISH · UNITED STATES · Age 50

Persons with Significant Control

Mr Julian Barry Storer

25–50% shares
25–50% votes

British · United Kingdom · Age 54

5 Technology Park, Colindeep Lane, Colindale, NW9 6BX

Notified 08/01/2019

Mr James Alexander Woodburn

25–50% shares
25–50% votes

British · United States · Age 50

5 Technology Park, Colindeep Lane, Colindale, NW9 6BX

Notified 08/01/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/06/2020Registered 29/06/2020
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 29/07/2019Registered 29/07/2019Satisfied 03/02/2026

CompanyRankvs 847+ SIC 26110 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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847Audio Squadron Ltd
37
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£374k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£633k

Working capital

Current Assets

£351k

Current Liabilities

£984k

Fixed Assets

£1.7M

Debtors

£84k

8avg. employees

Balance Sheet

Intangible assets£1.7M
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36-£112k
20240.70-£83k
20230.87-£267k
20221.05-£54k
20211.27+£57k
20201.43—

Derived from filed accounts. Not audited figures.