Lithe Audio Ltd

Lithe Audio Ltd is a small, active company based in Salfords, UK, founded nine years ago in 2016. With seven employees and £1,334,029 in assets, it operates from a real address and is managed by two directors and two owners. The company regularly imports and exports electrical machinery and equipment, with 71 months of import activity and 146 months of export activity recorded, the latest in February 2025.

The company’s website showcases a range of wireless audio solutions, primarily ceiling speakers. Lithe Audio specializes in "Just Add Power" systems, offering all-in-one ceiling speakers with built-in amplifiers and connectivity options like AirPlay 2 and Google Cast. The website highlights its innovative designs, including compact Bluetooth speakers, IP66-rated outdoor speakers, and award-winning iO1 models. It caters to both residential and commercial markets, with solutions for kitchens, bathrooms, home cinemas, and hospitality venues. The site even offers a free speaker placement service and a video call with a product expert, demonstrating a customer-centric approach.

Financially, Lithe Audio Ltd shows a mixed picture. While net assets increased by a modest 3.2% to £820,000, cash reserves decreased by a significant 45% to £69,000. Bank borrowings surged by 100% to £150,000, suggesting increased reliance on debt financing. Creditors also rose by 80% to £430,000, which could be due to increased stock levels or supplier payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt levels warrant close monitoring. The accounts are unaudited, and no auditor is mentioned, likely due to the company’s exemption as a small entity.

Despite these financial pressures, Lithe Audio’s focus on innovative wireless audio solutions and its customer-friendly approach position it well in a growing market. The company’s ability to adapt and maintain its focus on quality will be key to its continued success.

Registered in England/Wales under the registration number 10075251, with a registered address at RH1 5GJ, England, Salfords, Redhill, Unit 4 - Io Centre Salbrook Road Industrial Estate, Salbrook Road.

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