Simply Sound Limited
- Small
- Active
- 13 years
- 10 employees
- £1,206,851 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Simply Sound Ltd, based in Diss, UK, is a small, family-run business with an active status. Established twelve years ago in 2012, it employs ten people and holds assets totaling £1,206,851. The company operates from a real address and is managed by two directors and two owners. It’s a regular importer and exporter of electrical machinery and equipment, with 148 months of import activity and 35 months of export activity recorded.
The company’s website showcases a wide range of products, from stage lighting and DJ equipment to sound systems and musical instruments. It appears to operate primarily as an online retailer, offering a diverse selection for both professional and hobbyist markets. The site also highlights a range of services, including hire, installation, and set-up, suggesting a broader business model beyond simple sales. The website's design is modern and user-friendly, with clear product categories and detailed specifications.
Financially, Simply Sound Ltd presents a mixed picture. While its assets remain relatively stable, cash bank on hand has significantly decreased by 45%, dropping to £210,000. Creditors have also fallen, with both short-term and long-term liabilities decreasing, which could indicate better debt management. However, trade debtors have increased considerably, suggesting potential issues with collecting payments. Despite these challenges, the company's net assets have increased by 16%, reaching £400,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, and no auditor is mentioned.
It seems Simply Sound Ltd is navigating a period of change, potentially driven by market conditions or strategic shifts. The decrease in cash reserves and increase in debtors could be temporary setbacks, or they might signal a need for closer financial monitoring.
Registered in England/Wales under the registration number 08069008, with a registered address at IP22 4EU, England, Diss, Norfolk, Unit 3c Gilray Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 13 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-02-12 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-04-30Download 7 pages pdf report
-
Confirmation statement made on 2024-02-12 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Simply Sound Limited
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