Apex Acoustics Sound Services Ltd.

Apex Acoustics Sound Services Ltd, based in Dundee, UK, is a small, active company established 24 years ago. With a single employee and £166,751 in assets, it’s a modest operation overseen by one director and owner. The company holds a perfect 5.0 Google rating from three reviews, reflecting a strong reputation. It regularly imports electrical machinery and equipment, with recent activity recorded in September 2023.

The company's website highlights its specialization in audio-visual equipment hire and sales, catering to a range of events and productions. It operates as an official dealer for well-known brands like Meyer Sound, DiGiCo, Sennheiser, DPA, and Shure, offering sales and services for sound, lighting, rigging, staging, and video equipment. The website also showcases case studies and a gallery of past projects, demonstrating its experience and capabilities. It’s clear they offer a full-service approach, from initial consultation to on-site operation.

Financially, Apex Acoustics shows a mixed picture. While cash reserves increased by 6.7% to £140,000, net assets grew by 28% to £520,000, and fixed assets increased by a substantial 55% to £890,000, other indicators are concerning. Net current assets and liabilities plummeted, turning negative at -£24,000. Bank borrowings decreased by 40% to £15,000, and trade debtors remained consistent at £24,000. The company meets the criteria for a small entity, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to small company exemption.

Overall, Apex Acoustics appears to be a stable, albeit small, business with a strong reputation. The increase in fixed assets suggests investment in equipment, but the negative net current assets indicate a need to manage cash flow more effectively. It’s possible the company is reinvesting profits into its business, but careful monitoring of working capital will be important going forward.

Registered in Scotland under the registration number SC212199, with a registered address at DD3 8DF, Dundee, Unit 8, Taygate Trading Estate,, 5 Coldside Road.

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