Spartan Audio Limited

Spartan Audio Ltd, based in Cardiff, UK, is a small, active company founded 14 years ago in 2011. With six employees and £81,569 in assets, it operates from a real address and is led by a single director and owner, Morgan David. The company is a irregular importer and exporter of electrical machinery and equipment, with recent activity recorded in September 2024 for imports and March 2024 for exports.

The company’s website highlights its services as a provider of AV solutions for a wide range of events and venues, including corporate meetings, conferences, awards shows, and even houses of worship. They offer both equipment rental and installation services, catering to businesses and organizations across Wales and the South West. The site emphasizes responsive, professional, and honest service, with a focus on providing tailored solutions for each client. They offer everything from LED lighting and sound systems to video walls and digital signage.

Financially, Spartan Audio Ltd shows some concerning trends. Current assets have decreased by 30% to £82,000, while net assets have increased by 110% to £86,000. Bank borrowings have increased, reaching £3,900, and cash reserves have fallen by 25% to £49,000. Creditors have decreased by 35%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in cash reserves and increase in bank borrowings suggests it may be burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Spartan Audio Ltd appears to be a small business facing financial pressures despite a strong service offering. The company's success will likely depend on its ability to manage its cash flow and maintain its reputation for providing quality AV solutions.

Registered in England/Wales under the registration number 07592073, with a registered address at CF23 9AP, Wales, Cardiff, Unit J2 Colchester Estate, Colchester Avenue, Penylan.

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