Abacoustics Limited

Abacoustics Ltd from Pontyclun, UK, is a small, active company founded 16 years ago. With six employees and £158,716 in assets, it’s a modest operation led by three directors and two owners, boasting a stellar 5.0 Google rating from four reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with the last import activity occurring one month ago.

The company’s website, abacoustics.co.uk, positions itself as Wales’ premier supplier of audio equipment, offering PA hire, sales, and installations. Established in 1989, Abacoustics caters to a wide range of events, from Eisteddfod Genedlaethol Cymru to Armed Man Berlin and even Principality Stadium events. They provide everything from large-format loudspeaker systems to small gig packages, and offer audio equipment, sound engineers, and transport as a package. The site also highlights recent projects, including work for BBC Songs of Praise and Valley Aid. It’s clear they are focused on high-end audio solutions for live events and installations.

Financially, Abacoustics Ltd presents a mixed picture. While cash reserves increased by a substantial 140% to £73,000, current assets only grew by 12% to £160,000. Bank borrowings were reduced by 40%, a positive sign, but trade debtors decreased by 23%, suggesting a potential issue with collecting payments. The company’s net assets increased by 3.6% to £530,000, which is good, but the significant increase in future minimum lease payments (a 100% decrease to zero) is a little confusing. As a small company meeting two of three conditions (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from simplified reporting, and the financial statements are unaudited. The company’s growth in employees, from six to seven, suggests expansion, but it's important to see if this translates into improved profitability.

Registered in England/Wales under the registration number 06691723, with a registered address at CF72 9ZP, Wales, Pontyclun, Rct, Unit 16, F/G/H/I Hepworth Parc, Coed Cae Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.