Audience Systems Limited

Audience Systems Ltd, based in Westbury, UK, is a holding company with a 53-year history, currently employing 114 people. The company holds assets valued at £7,486,939 and operates from a real address, managed by five directors and four owners. It’s a family business with a Google rating of 3.0 based on seven reviews. Audience Systems regularly imports and exports furniture, lighting, and prefabricated buildings – 71 months of imports and 100 months of exports recorded.

The company specializes in the manufacture of seating for theatres, schools, universities, sports venues, and arenas, exporting worldwide. They custom design, manufacture, and install seating, staging, and grandstands, offering both retractable and fixed options. Their website highlights a commitment to quality, durability, and customer service, with a focus on UK-made products and a sleep capsule division. They even have a showroom in Harrods, London.

Financially, Audience Systems Ltd shows a mixed picture. Current assets have decreased by 24%, dropping to £750,000, while net assets increased by 11% to £4.8 million. Bank borrowings have increased by 34%, reaching £650,000, and cash reserves have increased by 67%, reaching £1.2 million. Creditors decreased by 5.5%, suggesting better debt management. The company’s size allows for agility, but the changes in asset values raise questions. No auditor is mentioned, likely due to the company’s size, so the figures are unaudited.

The company’s investment in sleep capsules and a presence in Harrods suggests a focus on innovation and premium markets, while the core business of auditorium seating remains a steady source of revenue. It will be interesting to see how these two ventures continue to evolve and contribute to the company’s overall financial health.

Registered in England/Wales under the registration number 01043134, with a registered address at BA13 4JP, Westbury, Wiltshire, 19b Washington Road, West Wilts Trading Estate.

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