Audio Electrical Limited
- Small
- Active
- 17 years
- 3 employees
- £206,446 (assets)
- Real address
- 3 directors
- 2 owners
- Family business
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 Electrical Limited, based in Nottingham, UK, is a small, family-run business with an active status. Founded seventeen years ago in 2007, the company employs three people and holds £206,446 in assets. It operates from a real address and is managed by three directors and two owners. The business primarily engages in retail sales via mail order and the internet.
The company’s website, OnLine Audio Electrical Ltd, highlights a customer-centric approach, emphasizing round-the-clock service, quality products at affordable prices, and free UK delivery. It also offers worldwide shipping and a “no quibble” returns policy. The site lists contact information, including a telephone number, email address, and physical address in Market Drayton, United Kingdom. It also has a contact form for customer inquiries.
Financially, Audio Electrical Limited presents a mixed picture. Current assets have decreased by 18% to £210,000, and net assets have fallen 13% to £160,000. Cash reserves have also declined by 21%, dropping to £190,000. Interestingly, bank borrowings have decreased, and trade creditors have increased by 54%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests a need for careful management. The accounts are unaudited, likely due to the company's small size, and were prepared using VT Final Accounts software.
Registered in England/Wales under the registration number 06446968, with a registered address at NG5 1FD, Nottingham, Nottinghamshire, Hartley Business Centre, Hucknall Road Sherwood.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Peel Gavin Philip
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Peel Philip Lesley
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Copson Lisa Emma
- 8 years
-
Resident of United Kingdom
-
Individual
- Peel Philip Lesley
- 17 years
-
Resident of United Kingdom
-
Individual
- Peel Gavin Philip
- 17 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-12-01 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 5 pages pdf report
-
Confirmation statement made on 2023-12-01 with no updatesDownload 3 pages pdf report
FAQ about Audio Electrical Limited
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