4udio Limited
- Small
- Active
- 8 years
- 2 employees
- £84,613 (assets)
- Real address
- 2 directors
- 2 owners
- Family business
- Rating 4.0 (4)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
4udio Limited is a small, active company based in London, UK, founded eight years ago in 2016. Employing just two people, it holds £84,613 in assets and operates from a real address in the City of London. With two directors and two owners, it’s a family business boasting a solid Google rating of 4.0 from four reviews.
The company’s website, 4ord Productions, reveals a dynamic content creation firm specializing in photography, videography, drone footage, and Matterport tours. Serving clients nationwide, 4ord Productions focuses on storytelling and innovative media to connect businesses with their target audiences, offering services ranging from photography and drone capture to virtual tours and videography. It's clear they’re focused on visual content creation for businesses.
Financially, 4udio Limited's picture is mixed. Current assets have fallen by a significant 51%, dropping to £85,000, while net assets have plummeted 82%, resulting in a negative balance of -£34,000. Bank overdrafts have increased by 63%, reaching £2,000, and cash reserves have shrunk by 53%, sitting at just £81,000. On the positive side, creditors have decreased by 29%, suggesting some improvement in managing debt. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline raises concerns about its long-term viability. No auditor is mentioned, which is common for small, exempt companies.
Overall, 4udio Limited appears to be navigating a challenging financial period, likely burning through cash faster than it’s generating revenue. While its content creation services seem to be well-received, the company needs to address its negative equity and declining cash reserves to ensure its future success.
Registered in England/Wales under the registration number 10403689, with a registered address at EC3V 3NG, England, London, 4udio Limited, International House 36-38 Cornhill, City Of London.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Afolabi Samuel
- 6 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Afolabi Michael
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Afolabi Samuel
- 8 years
- 1
-
Resident of United Kingdom
-
Individual
- Afolabi Michael
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-09-14 with updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-09-30Download 5 pages pdf report
-
Director's details changed for Mr Samuel Afolabi on 2023-10-01Download 2 pages pdf report
FAQ about 4udio Limited
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