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Audio Trader Ltd

14993737

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 36 LINESIDE INDUSTRIAL ESTATE, LITTLEHAMPTON, BN17 7HD
Incorporated 10/07/2023

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

47591
Retail sale of musical instruments and scores

Officers

Simon Downes

director · Since 10/07/2023

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 47

Mr Benjamin Edwards

director · Since 10/07/2023

TECHNOLOGY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Ben Robert Maxfield

director · Since 10/07/2023

CONSULTANT

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Simon Downes

25–50% shares
25–50% votes

British · United Kingdom · Age 47

City Gates, 2-4 Southgate, Chichester, PO19 8DJ

Notified 10/07/2023

Mr Benjamin Edwards

25–50% shares
25–50% votes

British · United Kingdom · Age 40

City Gates, 2-4 Southgate, Chichester, PO19 8DJ

Notified 10/07/2023

Mr Ben Robert Maxfield

25–50% shares
25–50% votes

British · United Kingdom · Age 48

City Gates, 2-4 Southgate, Chichester, PO19 8DJ

Notified 10/07/2023

CompanyRankvs 616+ SIC 47591 peers
36

Financial strength11th percentile among SIC peers · 3/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Jaques Samuel Pianos Limited
90
2Markson Pianos Limited
90
3Bonners Limited
90
4Frederick Hyde Limited
90
5Julian Thwaites & Company Limited
90
6Peach Guitars Limited
90
7Rockers Guitars Limited
90
8Countrywide Piano Centre Limited
89
9Ackerman Music Limited
89
10Tim Toft Violins Limited
89
616Audio Trader Ltd
31
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/07/2025

Net Worth

-£21k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£121k

Current Liabilities

£146k

Fixed Assets

£4k

Debtors

£21k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£21k
Signed by Mr ben maxfield 30/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83-£14k
20240.64—

Derived from filed accounts. Not audited figures.