Hi-Tech Audio Ltd
13007622
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/11/2020
COURIER DRIVER
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
Persons with Significant Control
Mr Richard Darryl Thorpe
British · United Kingdom · Age 66
Koala, Burton Manor, The Village, Neston, CH64 5SJ
Notified 10/11/2020
CompanyRankvs 6470+ SIC 53202 peers28
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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 30/11/2025
Net Worth
-£65k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£68k
Working capital
Current Assets
£8k
Current Liabilities
£76k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.10 | -£22k |
| 2024 | 0.08 | -£17k |
| 2023 | 0.10 | — |
Derived from filed accounts. Not audited figures.