Cranborne Audio Limited

Cranborne Audio Ltd from Potters Bar UK: small company, active status, founded 8 years ago, 11 employees, £894,946 assets, real address, 3 directors, no owners. Regular importer of electrical machinery and equipment (22 months imported). Regular exporter of electrical machinery and equipment (44 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of consumer electronics industries. Officially, it has not published owners as their shares less than twenty five percent for each shareholder.

Cranborne Audio Ltd is a private limited company registered in England/Wales with the registration number 10586794. The company was founded eight years ago on January 27, 2017, and registered at EN6 3JF, England, Potters Bar, Harvest House, Cranborne Road. The address is probably real as only two companies registered at the address. Its status is active. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 22 months of imports. The last import operation was conducted on January 01, 2025. The company is a regular exporter, with its top export categories including Electrical machinery and equipment, totaling 44 of months exports. The last export operation took place on January 01, 2025.

Looking at the financial data, it seems like Cranborne Audio Ltd is facing some challenges. While assets remain relatively stable at £894,946, there's been a significant drop in cash reserves – down 340% to £38,000. This could indicate that the company is reinvesting heavily in its business, perhaps expanding its product line or upgrading equipment. However, the decrease in average employees reported during the period, from 11 to just 9, is a bit concerning and might suggest cost-cutting measures or difficulties in retaining staff. Bank borrowings have also increased slightly, to £45,000, which could be a short-term solution to bridge the cash flow gap. Creditors have increased by 31%, which might be a sign of delayed payments, but it could also be a result of increased purchasing activity. The company's net assets are at -£810,000, which is a little concerning.

It’s worth noting that the company’s unaudited financial statements rely on director-reported data, and there’s no mention of an auditor. This is likely due to its small size and exemption from audit requirements. The company’s focus on importing and exporting electrical machinery and equipment suggests a global reach, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 10586794, with a registered address at EN6 3JF, England, Potters Bar, Harvest House, Cranborne Road.

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