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Audio Squadron Ltd

11755634

active
Private Limited Company
england wales
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

Last accounts

30/04/2025

total exemption full

Next accounts due

27/01/2027

On track

Confirmation statement

Last: 07/01/2026

Due 21/01/2027

On track

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 51

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 51

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 834+ SIC 26110 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Longevity8/15 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

Derived from filed accounts. Not audited figures.