Audeeo Innovations Limited

Audeeo Innovations Ltd is a small, holding company based in London, UK, with an active status. Established thirteen years ago in 2011, the company employs fifteen people and holds assets totaling £4,453,746. It operates from a virtual address, a detail flagged by the presence of nineteen other companies registered at the same location. Two directors and one owner (though the owner list changed recently, suggesting potential changes in control) lead the business. While a regular importer, its top import category is currently listed as "None," with the last import operation occurring six months ago in December 2020.

The company's website paints a picture of a dynamic tech manufacturer specializing in audio and tech brands. Starting as a partner for mass retailers, Audeeo Innovations has evolved to offer three manufacturing solutions: its own brands, private label manufacturing, and licensed products. It serves a global distribution network spanning Australia, the UK, and beyond, and even has offices in China. The company has developed three successful brands, sonicB, audeeo, and Solix, and also partners with the German brand Schaub Lorenz, known for quality products and smart innovation. The website details a comprehensive product development process, from initial concept to market launch, and features testimonials from satisfied partners praising the company’s professionalism and innovative design.

Financially, Audeeo Innovations Ltd presents a mixed picture. While cash bank holdings have skyrocketed by a staggering 5,400% to £190,000, net current assets and liabilities have decreased by 18% to £1.8 million. Creditors have increased by 44% to £2.7 million, and trade debtors have also risen by 13% to £2.7 million. Interestingly, accumulated depreciation impairment property plant equipment has increased by 140% to £18,000. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in equity—retained earnings and accumulated losses—is a cause for some concern. The company’s financial statements are unaudited and prepared under the small companies regime, and there is no auditor mentioned.

Registered in England/Wales under the registration number 07784441, with a registered address at NW4 4AB, England, London, Chancellors House, 3 Brampton Lane.

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