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Tyne Audio Ltd

12470747

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 40 MANDALE PARK, NORTH SHIELDS, NE29 7FN
Incorporated 19/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Jonathan Daniel Mellor

director · Since 19/02/2020

SOUND ENGINEER

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Mrs Amy Georgina Mellor

director · Since 18/02/2023

SINGING TEACHER

BRITISH · UNITED KINGDOM · Age 31

Also on 1 other board

Persons with Significant Control

Mr Jonathan Daniel Mellor

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 36

Unit 40 Mandale Park, Wallsend Road, North Shields, NE29 7FN

Notified 19/02/2020

Mrs Amy Georgina Mellor

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 31

Unit 40 Mandale Park, Wallsend Road, North Shields, NE29 7FN

Notified 08/02/2023

CompanyRankvs 2945+ SIC 77390 peers
50

Financial strength55th percentile among SIC peers · 14/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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2945Tyne Audio Ltd
49
How is this score calculated?
Financial strength14/25 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£14k

Current Liabilities

£71k

Fixed Assets

£129k

4avg. employees

Balance Sheet

Assets less current liabilities£101k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£0
20250.19-£18k
20240.28+£873
20230.20—

Derived from filed accounts. Not audited figures.