Multicast Audio Limited

Multicast Audio Ltd from Sutton In Ashfield UK: small company, active status, founded 11 years ago, 1 employee, £87,700 assets, virtual address, 2 directors, 2 owners. Regular importer of electrical machinery and equipment (16 months imported). It’s a small, family-run business with an active trading status. Founded eleven years ago, the company employs just one person and holds £87,700 in assets. The address is probably virtual as eleven companies registered at the same address. Its status is active, and it's run by two directors and owners. The firm regularly imports electrical machinery and equipment, with 16 months of import activity recorded.

Multicast Audio Ltd operates in the sound recording and music publishing activities industries, and it provides audio, networking, and communications solutions to the event and broadcast sectors. The company’s website showcases its work with high-profile events like The Graham Norton Show, ITV Racing, and Wimbledon. It specializes in audio, communications, and networking solutions, aiming to be ahead of the game in technology and engineering. The company prides itself on bespoke and friendly support, design, installation, and management of technology for events and shows.

Financially, Multicast Audio Ltd shows some interesting trends. Current assets have increased by 47% to £88,000, while net assets have grown by 28% to £120,000. Bank borrowings have increased by 200% to £43,000, and cash reserves have fallen by 77% to £4,300. Creditors have increased by 140% to £57,000, and trade debtors have doubled to £83,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in cash reserves raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It’s clear that the company is growing, but it’s also burning through cash faster than it’s bringing it in.

Registered in England/Wales under the registration number 08998243, with a registered address at NG4 2JY, England, Nottingham, Nottinghamshire, 3 Colwick Quays Business Park, Colwick.

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