Stage Audio Services Limited

Stage Audio Services Ltd, based in Stourbridge, UK, is a small, family-run business with an active status. Founded 20 years ago in 2004, it employs four people and holds £789,122 in assets. The company has four directors and two owners, and boasts a perfect 5.0 Google rating from nine reviews. It’s a regular importer of electrical machinery and equipment, with five months of import activity recorded.

The company operates in the renting and leasing of machinery, equipment, and tangible goods, as well as media entertainment equipment and supporting performing arts industries. It also owns Tour Tech (uk) Limited. The website is non-existent, so it’s difficult to assess its online presence.

Financially, Stage Audio Services Ltd presents a mixed picture. Creditors have increased significantly by 47%, reaching £580,000, while debtors have also risen by 7.3% to £98,000. Cash bank on hand, however, has remained relatively stable at £530. Bank borrowings have increased by 14%, reaching £110,000. Equity has grown by 4.9% to £980,000, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The increase in creditors could indicate that the company is investing in its business, or it could be struggling to manage its debts. The growth in equity, however, suggests that the business is financially healthy overall. The company’s small size allows it to be agile, but the rising debts need to be monitored.

Registered in England/Wales under the registration number 05292251, with a registered address at DY8 5YU, Stourbridge, West Midlands, Unit 2, Bridge Street, Wordsley.

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