Sound Fowndations Ltd

Sound Fowndations Ltd from Reading, UK, is a small, active company founded four years ago. With just two employees and £255,491 in assets, it operates as a solo founder business managed by two directors and one owner. The company enjoys a perfect 5.0 Google rating based on two reviews and is a regular importer of electrical machinery and equipment, having imported for 75 months, with the most recent import occurring in February 2025.

The company’s website describes Sound Fowndations Ltd as a distributor of “the highest quality hifi,” showcasing a range of brands and offering a contact form for inquiries. It provides a physical address and phone number, and the site’s design suggests a focus on customer service and expert advice. The business operates from Unit 3a Vulcan House, Aldermaston, and appears to be a retail business, selling audio and video equipment.

Financially, Sound Fowndations Ltd presents a mixed picture. While cash reserves increased by 99% to £43,000, current assets declined by 13% to £260,000. Trade debtors decreased significantly by 38%, indicating better collection of payments. However, net assets also fell by 9.6% to £80,000, and provisions for liabilities increased by 50% to £5,800. Bank borrowings increased by 14%, reaching £76,000. 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 absence of an auditor is likely due to the company’s small size and exemption from an audit.

Overall, Sound Fowndations Ltd seems to be navigating a period of change. While it maintains a strong customer rating and continues to import regularly, the decline in assets and increase in provisions suggest potential financial pressures. The company's focus on high-quality audio equipment and customer service may help it weather these challenges, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 13062946, with a registered address at RG7 8PA, England, Reading, Berkshire, Unit 3a Vulcan House Calleva Park, Aldermaston.

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