Soundshield Limited

Soundshield Limited, based in Leeds, UK, is a small, active company founded six years ago. With five employees and £284,843 in assets, it operates from a real address and is managed by a single director and owner, Hannam Richard Andrew. The company runs an e-commerce site and irregularly exports iron or steel products, with its last export operation occurring over two years ago.

The company’s website, Soundstop.co.uk, focuses on providing soundproofing solutions for homes. It offers a wide range of products, from wall panels and floor underlays to acoustic insulation and plasterboards, catering to both DIY enthusiasts and professional installers. The site also provides helpful guides, fitting instructions, and even addresses regulations like Reg E, demonstrating a commitment to customer support. The website’s reviews are overwhelmingly positive, highlighting the company’s expertise and helpfulness.

Financially, Soundshield Limited’s recent performance presents a mixed picture. While cash reserves declined by 53% to £76,000, creditors decreased by 32% to £90,000, suggesting better debt management. However, retained earnings and accumulated losses plummeted by 290% to -£28,000, a significant drop. Trade debtors increased substantially by 270% to £36,000, which could indicate delayed customer payments or an expansion of credit terms. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the substantial equity decline warrants attention. The company is exempt from an audit, so the figures are unaudited.

Overall, Soundshield Limited appears to be navigating a period of financial adjustment. The company’s strong online presence and positive customer reviews suggest a solid foundation, but the equity decline and rising trade debtors indicate potential challenges ahead.

Registered in England/Wales under the registration number 11496502, with a registered address at LS13 3HA, England, Leeds, West Yorkshire, Unit B2 Lower Westfield House, Broad Lane.

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