Fold Sound Ltd

Fold Sound Ltd, based in London, UK, is a small, active company founded ten years ago. With three employees and £153,023 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports electrical machinery and equipment, with the most recent import occurring in May 1.

Fold Sound Ltd specializes in professional audio production, sound hire, and installation services for live music, events, exhibitions, film, TV, broadcast, and streaming. It also offers permanent system installations and partners with db audiotechnik. The company’s website highlights its work with premium brands and showcases its clients.

Financially, Fold Sound Ltd has experienced some shifts. Cash bank holdings have declined significantly, dropping 90% to just £7,000. Current assets have also decreased by 52%, falling to £150,000. However, creditors have seen a substantial reduction of 59%, decreasing to £67,000, which could indicate improved debt management. The company’s net assets have also declined by 12%, settling at £260,000. The company’s small size—meeting two of three conditions for being classified as small—helps it stay nimble. No auditor is mentioned, which is common for companies of this size.

Overall, Fold Sound Ltd appears to be facing some financial headwinds, with declining cash reserves and assets. However, the reduction in creditors suggests a focus on managing debt. It’s a small business, and these fluctuations are not uncommon, but the company will need to maintain its focus on delivering high-quality audio services to sustain its operations.

Registered in England/Wales under the registration number 09535940, with a registered address at E10 7AR, England, London, 13 Lea Hall Road.

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