Audinate Ltd

Audinate Ltd, based in Cambridge, UK, is a small, active company founded 14 years ago. With 27 employees and £895,794 in assets, it generates a yearly revenue of £4,656,692. While it has a registered address, it's likely a virtual one, as 38 companies share the same location. The company operates with four directors and, interestingly, no officially declared owners – likely one of the directors holds the shares. It boasts a stellar Google rating of 5.0 based on four reviews. Audinate regularly imports electrical machinery and equipment (13 months), but exports are less frequent, with just one month of activity recorded.

The company's website paints a picture of a leader in audio-visual technology. Audinate develops and markets the Dante media networking technology, a standard for connecting audio and video equipment over standard Ethernet networks. It supports a vast ecosystem of manufacturers and offers products and services for exceptional AV experiences, boasting over 4,000 products from 600 manufacturers. The website highlights the widespread adoption of Dante, with over one million units shipped in 2023, and encourages users to connect for product notices, training, and marketing updates. It’s clear Audinate is focused on innovation and industry leadership.

Financially, Audinate shows a mixed picture. While turnover increased by 15% to £4.7 million, net assets decreased by 3.3% to £520,000. Cash bank on hand dropped significantly by 19% to £95,000, while bank borrowings increased. Creditors also rose, suggesting a reliance on short-term financing. On the positive side, operating profit increased by 16%, and trade debtors grew by 27%, which could indicate expanding sales. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity is something to keep an eye on. No auditor is mentioned, which is common for small companies. Overall, Audinate seems to be growing, but managing its finances carefully will be important for sustained success.

Registered in England/Wales under the registration number 07403340, with a registered address at CB4 2HY, England, Cambridge, Future Business Centre, Kings Hedges Road.

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