Audio Squadron Ltd

Audio Squadron Ltd is a small, active company based in Colindale, UK, founded six years ago in 2019. It employs ten people and holds £681,868 in assets, operating from a virtual address shared by many other businesses. The company has three directors and two owners, and is regularly importing and exporting electrical machinery and equipment – 8 months of imports and 27 months of exports recorded.

The company’s website showcases a diverse range of products and services, primarily focused on audio technology. It features three main divisions: Tracktion, a contemporary music production software company; Prism Sound, specializing in high-end recording and mastering products; and SADiE, offering digital multitrack audio recording and editing solutions. Additionally, Audio Squadron provides comprehensive product development services for various industries, including consumer electronics. The website suggests a focus on innovation and high-quality audio solutions, with a strong emphasis on professional-grade tools and services.

Financially, Audio Squadron Ltd presents a mixed picture. Current assets have decreased by 31% to £680,000, while net assets have also declined, dropping 46% to -£260,000. Bank borrowings have increased by 47%, reaching £150,000, and cash reserves have fallen 58% to £17,000. Creditors, however, have decreased by 14%, which could indicate improved debt management. 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 decrease in equity is a concern. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

Overall, Audio Squadron Ltd appears to be navigating a period of financial pressure, despite its focus on high-value audio technology and diverse service offerings. The company’s ability to maintain its innovative edge and secure new business will be crucial for its long-term success.

Registered in England/Wales under the registration number 11755634, with a registered address at NW9 6BX, United Kingdom, Colindale, London, 5 Technology Park, Colindeep Lane.

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