Golding Audio Limited

Golding Audio Ltd, based in Colchester, UK, is a small, active company with a long history, having been founded 56 years ago in 1969. With six employees and £604,859 in assets, it operates from a virtual address – thirteen companies registered at the same address, which is a bit unusual. The company is run by four directors, including Patrick Joseph John, who is also the sole owner.

Golding Audio specializes in both importing and exporting, though irregularly. They import machinery, boilers, and mechanical appliances parts, with the last import occurring two months ago. They also export electrical machinery and equipment, with the last export recorded two months ago. The company’s website highlights its role as commercial AV installation specialists, offering a range of services from corporate audio-visual setups to education sector installations. They also manufacture their own range of audio-visual products and even offer bespoke electronic design services. The website showcases a diverse portfolio, including sound reinforcement, video conferencing, and digital signage solutions.

Financially, Golding Audio’s numbers paint a mixed picture. Current assets decreased by 10%, dropping to £600,000, while net assets increased by 17%, reaching £500,000. Cash reserves grew by a significant 16%, rising to £360,000. However, trade debtors decreased by 36%, suggesting potential difficulties in collecting payments, and creditors also fell by 46%, which could be a positive sign of improved debt management. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible, but the decrease in debtors warrants a closer look. No auditor is mentioned, which is common for companies of this size. The company’s financial statements were prepared in accordance with FRS 102, and the directors acknowledge their responsibilities for complying with the Companies Act 2006.

Registered in England/Wales under the registration number 00949331, with a registered address at CO1 1TG, United Kingdom, Colchester, Essex, Suite E2, 2nd Floor The Octagon, Middleborough.

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