Custom Audio Designs Limited

Custom Audio Designs Ltd from Petersfield, UK, is a small, active company founded 22 years ago. With just two employees and £154,896 in assets, it operates from a virtual address, a detail flagged by the presence of 28 other companies registered at the same location. The business, led by three directors and a solo founder, Gary Peskett, runs an e-commerce site and maintains a 3.0 Google rating based on just four reviews. It regularly imports iron or steel products, with the last activity recorded four months ago.

The company’s website showcases a diverse range of services, from acoustic design consultancy and noise control solutions for industrial settings to residential soundproofing and even vintage recording equipment repair. It caters to sectors including education, leisure, and hospitality, offering products like acoustic panels, soundproofing materials, and gym equipment accessories. The website emphasizes expertise and British craftsmanship, with a focus on providing tailored solutions for various noise-related challenges.

Financially, Custom Audio Designs Ltd presents a mixed picture. Current assets have significantly dropped by 37%, falling to £150,000, while net assets have plummeted 81%, reaching just £23,000. Bank borrowings have increased by 2.2%, now at £10,000, and cash reserves have decreased by 35%, sitting at £150,000. Creditors have also risen by 6.8%, reaching £150,000. The company’s small size—meeting two of three criteria for a small business—allows for agility, but the substantial decrease in equity is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s not clear what caused the drop in assets, but it does suggest a need for careful financial management.

Registered in England/Wales under the registration number 04734051, with a registered address at GU32 3FQ, United Kingdom, Petersfield, Hampshire, The Engine House, 77 Station Road.

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