Project Audio Visual Ltd

Project Audio Visual Ltd, based in Reading, UK, is a small, family-run business with an active status, celebrating 21 years since its founding. Employing 17 people and holding assets of £3,904,356, it operates from a real address and is managed by two directors and three owners. The company is a regular exporter of electrical machinery and equipment, with 17 months of export activity recorded, but only an irregular importer, with just one month of imports noted.

The company specialises in designing, integrating, and maintaining hybrid meeting environments, focusing on audio visual solutions, unified communication platforms, and collaboration suites. Its website highlights Microsoft Teams Rooms as a core offering, boasting over 5000 installations across Europe and recognition as an "Integrator of the Year." The business partners with Microsoft Teams certified manufacturers and offers a range of services, including free consultations, tailored solutions, meticulous installations, and lifetime support. It even owns 58 Portman Road Management Company Ltd.

Financially, Project Audio Visual Ltd shows a mixed picture. While net assets increased by 75% to £1,800,000, current assets dropped by 6.2% to £3,900,000. Bank borrowings surged by 82% to £150,000, and cash reserves fell 100% to a mere £230. Trade creditors decreased by 31%, suggesting improved debt management, but the sharp decline in cash reserves is a concern. 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 flexibility, but the equity drop warrants closer examination. The company’s accounts are unaudited, as it is exempt. The company’s financial statements were prepared by Caseware UK.

Registered in England/Wales under the registration number 04821316, with a registered address at RG30 1EA, Reading, Berkshire, Unit 2, The Minster, 58 Portman Road.

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