Armour Home Electronics Limited

Armour Home Electronics Ltd from Bishop's Stortford UK: a large company, active status, founded 44 years ago, with 44 employees, and holding £7,700,393 in assets. It has a real address, three directors, and no owners reported, boasting a Google rating of 4.0 based on six reviews. The company regularly imports and exports electrical machinery and equipment, with 1061 months of import activity and 844 months of export activity.

Armour Home Electronics operates as a designer and manufacturer of multi-award winning, industry-leading audio solutions. Its website showcases a portfolio of six owned brands and two brands it exclusively distributes in the UK. These brands include Q Acoustics, QED, Goldring, Grado, Systemline, and Audica, catering to both home and commercial audio needs. The company's offerings range from designer speakers and cables to multi-room integrated audio systems, demonstrating a focus on high-quality audio products. They also provide media downloads and career opportunities.

Financially, Armour Home Electronics Ltd’s recent performance indicates some challenges. Current assets decreased by 15% to £7.7 million, while net assets increased by just 3.3% to £3.4 million. Bank borrowings decreased by 23% to £2.9 million, and cash reserves fell by 29% to £240,000. However, creditors decreased by 24% to £3.4 million, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in cash reserves warrants attention. The company’s accounts were audited by Ensors Accountants LLP, and the report was signed by both Ms N A Spence and Mr G L Dexter.

Overall, Armour Home Electronics Ltd appears to be a well-established company in the audio industry, but its financial performance suggests a need for careful management and strategic decision-making.

Registered in England/Wales under the registration number 01530915, with a registered address at CM23 5RG, England, Bishop's Stortford, Woodside 2 Dunmow Road, Birchanger.

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