Quality Dream Audio Ltd

Quality Dream Audio Ltd, based in Eastbourne, UK, is a small, family-run business with an active status. Founded twelve years ago in 2012, the company employs just two people and holds £76,696 in assets. Operating from a virtual address—where 107 other companies are registered—it’s managed by two directors and owners, Helen Margaret Body and Raymond George Body, who have been in charge for a while. The company boasts a stellar 5.0 Google rating from 41 reviews, a testament to its customer service.

Quality Dream Audio Ltd specializes in the retail sale via mail order houses or via internet, focusing on Bang & Olufsen audio equipment. Their website showcases a wide range of products, from turntables and speakers to cables and spare parts, catering to both new and pre-owned equipment enthusiasts. They also offer servicing and repairs, with costs starting at just £25, and even have a presence on eBay. The site clearly aims to be a one-stop shop for Bang & Olufsen lovers, offering everything from complete AV setups to individual components.

Financially, Quality Dream Audio Ltd’s recent performance shows some concerning trends. Current assets have decreased by 17% to £77,000, while net assets have fallen 12% to £70,000. Cash bank on hand has also dropped by nearly 20% to £11,000. Trade debtors have plummeted by a significant 73%, suggesting a potential issue with customer payments or a deliberate shift in credit policy. However, creditors have also decreased, indicating some improvement in debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in equity warrants closer attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 08146575, with a registered address at BN21 1BF, United Kingdom, Eastbourne, East Sussex, Chantry House, 22 Upperton Road.

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