Ls Audio Tech Limited

Ls Audio Tech Ltd from Hebden Bridge UK: small company, holding company, active status, founded 18 years ago, 3 employees, £291,752 assets, real address, 3 directors, 1 owner, google rating 4.0 based on 29 reviews. Irregular importer of electrical machinery and equipment (2 months imported). Ls Audio Tech Ltd operates as a holding company within the UK’s professional audio, lighting, and musical instrument retail industries. Founded in 2007, the company employs just three people and holds assets of £291,752, with a respectable 4.0-star Google rating based on 29 reviews. It’s a small operation, meeting two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Sound Technology Ltd, showcases a broad range of services, including music retail, professional audio solutions, and professional lighting. It acts as a distributor for several well-known brands, offering everything from audio equipment to lighting fixtures. The website also features a blog with industry news and product reviews, and it provides services like application support, training, and a demonstration facility. It seems to be more of a distribution and service hub than a direct e-commerce site, with the focus on B2B relationships and supporting retailers and professionals.

Financially, Ls Audio Tech Ltd’s report shows some concerning trends. While cash reserves increased by 150% to £45,000, bank borrowings surged by a staggering 240% to £86,000. Creditors also rose by 30% to £190,000, suggesting increased reliance on credit. On the positive side, debtors decreased by 64%, which could indicate improved collections. The company’s net assets increased by 16%, reaching £81,000, but the significant rise in borrowings is a point of concern. The company’s turnover has not been mentioned in the report. The company is audited by PM+M Solutions for Business LLP. The company’s small size and lean staffing—just three employees—allow for agility, but the rising debt levels could present a challenge in the long run.

Registered in England/Wales under the registration number 06214922, with a registered address at HX7 5TT, England, Hebden Bridge, West Yorkshire, Suite 10 Unit 1, The Craggs Country Business Park, , New Road, Cragg Vale.

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