Audio Destination Ltd
- Active
- Small
- 23 years
- 2 employees
- £230,836 (cur assets)
- 0-1m
- Irregular importer
- Real address
- 3 directors
- 2 owners
- Family business
- Tiverton
- E-commerce
- Rating 5.0 (30)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Audio Destination Ltd, based in Tiverton, UK, is a small, family-run business with an active status, celebrating 23 years in operation. With just two employees and £258,189 in assets, it’s a modest enterprise led by three directors and two owners. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 30 reviews. It’s an irregular importer, bringing in electrical machinery and equipment, with its last import activity recorded one month ago.
The company’s website showcases a curated selection of high-end audio equipment from brands like Moon, Rel, and Elac. It's clearly focused on a niche market, offering a personalized service and a relaxed shopping experience, avoiding the “hard sell” often found in electronics retail. The site emphasizes customer satisfaction and offers a wide range of products, from amplifiers and turntables to loudspeakers and headphones. It even provides finance options and part exchange services, catering to a discerning clientele.
Financially, Audio Destination Ltd presents a mixed picture. While current assets remain stable at £260,000, net current assets decreased by 5.7% to £65,000. Bank borrowings increased significantly by 88% to £5,800, and cash reserves remained relatively low at £11. Trade debtors decreased by 33%, suggesting improved collection rates. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in bank borrowings warrants attention. The accounts are unaudited, as is common for small companies, and there’s no mention of an auditor. The company’s focus on high-end audio and personalized service suggests a strategy of quality over quantity, but the financial data hints at potential challenges in maintaining profitability.
Registered in England/Wales under the registration number 04444258, with a registered address at EX16 6BL, England, Tiverton, Devon, 7a Market Walk.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 23 years
-
Resident of United Kingdom
-
Individual
- 23 years
-
Resident of United Kingdom
-
Individual
- 23 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2025-05-31Download 9 pages pdf report
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Confirmation statement made on 2025-05-18 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-05-31Download 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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