A V Audio Limited

Av Audio Limited, based in Boghead, UK, is a small, active company founded six years ago in 2018. With a real address and just one employee, the company holds £37,085 in assets. It’s managed by three directors and owned by two individuals, garnering a respectable 4.0 Google rating from six reviews. The business regularly imports electrical machinery and equipment, with its last import operation recorded in December 2023.

The company operates within the video distribution activities industries, a niche sector requiring specialized knowledge and equipment. While a dedicated website isn't available, its presence on Companies House suggests a focus on B2B operations, likely supplying equipment to video production companies or retailers. It’s likely they are not an ecommerce site.

Financially, Av Audio Limited’s performance presents a mixed picture. Current assets have decreased by 10% to £37,000, while net assets have also fallen by 2.1% to £35,000. Cash bank on hand has increased by 13% to £36,000, a positive sign. However, creditors have surged by a significant 93%, reaching £14,000, which could indicate increased reliance on short-term financing. Trade debtors have plummeted by 93%, a worrying trend suggesting customers are taking longer to pay. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids some regulatory burdens, but it also limits its access to capital. No auditor is mentioned, as is typical for small companies.

Overall, Av Audio Limited appears to be navigating a period of change. The increase in creditors and decrease in debtors suggests a need to carefully manage cash flow. While the company’s Google rating indicates customer satisfaction, the financial data hints at potential challenges. The rise in bank borrowings and decrease in trade debtors are concerning, but the increase in cash reserves offers some reassurance.

Registered in Scotland under the registration number SC604408, with a registered address at ML11 0JA, Scotland, Boghead, Lanarkshire, 47 Lesmahagow Road.

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