Audio Pinnacle Limited

Audio Pinnacle Limited, based in Alton, UK, is a small, active company founded eight years ago in 2017. With £92,019 in assets and a virtual address shared by 272 other companies, it’s a solo-founded operation managed by a single director and owner, Simm John. The business operates as an importer and distributor, specializing in bringing products from around the world into the UK market, and also offers consultancy services. Its website highlights a focus on import, distribution, sales, and consultancy, catering to companies seeking UK market access.

While Audio Pinnacle Limited’s core business revolves around facilitating international product sales, it also appears to be involved in the wholesale of audio tapes, records, CDs, and video tapes, along with the equipment used to play them. This dual focus suggests a diverse range of activities, though the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it agile. The company is an irregular importer, with its top import category being Optical and medical tools and devices, totaling 1 months of imports, the last operation conducted on June 01, 2022.

Financially, Audio Pinnacle Limited shows concerning trends. Current assets have plummeted by 44%, dropping to £92,000, while net assets have sunk to -£120,000—a significant decline. Bank borrowings have increased by 15%, reaching £4,300, and cash reserves have fallen 46% to £5,200. Creditors have also risen by 14%, reaching £190,000. The company’s equity is in negative, and the lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Audio Pinnacle Limited is facing financial pressures. The company’s focus on international trade and diverse product lines, while potentially lucrative, appears to be straining its resources. Whether it can turn things around remains to be seen, but for now, Audio Pinnacle Limited is betting on its expertise and connections to navigate these challenges.

Registered in England/Wales under the registration number 10713722, with a registered address at GU34 1HG, England, Alton, Hampshire, The Stables, 23b Lenten Street.

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