Classic Audio Ltd
12601721
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael John Fidler
English · England · Age 32
64, Old Castle Walk, Gillingham, ME8 9TZ
Notified 26/11/2022
Former PSCs
Mr Michael John Fearnley
Ceased 26/11/2022
CompanyRankvs 450+ SIC 26400 peers69
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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 31/05/2025
Turnover
£62k
Annual revenue
Net Worth
£28k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£17k
Working capital
Current Assets
£17k
Current Liabilities
£0
Fixed Assets
£22k
Profit After Tax
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | Infinity | +£0 |
| 2025 | Infinity | +£8k |
| 2024 | 1.72 | -£5k |
| 2023 | Infinity | — |
Derived from filed accounts. Not audited figures.