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Criterion Audio Limited

11855480

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CRITERION HOUSE, CAMBRIDGE, CB3 0QH
Incorporated 01/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Michael James Cunningham

director · Since 01/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

L3 Point Limited

75–100% shares

Salisbury House, Station Road, Cambridge, CB1 2LA

Reg: 12330508 · England And Wales · Private Company Limited By Shares

Notified 28/10/2020

Former PSCs

L3 Point Limited

Ceased 28/10/2020

CompanyRankvs 241+ SIC 47430 peers
72

Financial strength91th percentile among SIC peers · 23/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£358k

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

£320k

Working capital

Current Assets

£815k

Current Liabilities

£494k

Fixed Assets

£42k

Debtors

£76k

3avg. employees

Balance Sheet

Intangible assets£47
Bank loans & overdrafts£10k
Assets less current liabilities£362k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.65+£9k
20231.60-£36k
20211.55

Derived from filed accounts. Not audited figures.