Stage Sound Services Ltd

Stage Sound Services Ltd, based in Cardiff, UK, is a holding company with an active status, having been founded 21 years ago in 2003. Employing 69 people, the company holds £3,047,156 in assets and operates from a real address. It’s a family affair, with one director and owner – Hurley Philip Edward – at the helm, and a solo founder. Boasting a stellar 5.0 Google rating from 37 reviews, the company regularly imports and exports electrical machinery and equipment, with 90 months of import activity and 29 months of export activity recorded.

The company’s website, stagesoundservices.co.uk, showcases a diverse range of services, primarily focused on audio and lighting equipment hire and sales. They cater to theatre, events, and corporate productions, offering everything from sales of equipment to custom flight cases. A significant portion of the site is dedicated to promoting their work in piano restoration, a venture that seems quite different from the core audio-visual equipment business. They even have a showroom in Harrods, London, which is quite impressive.

Financially, Stage Sound Services Ltd presents a mixed picture. While turnover increased by 13% to £6.7 million, net assets dropped by 20% to £16 million. Bank borrowings increased by 31% to £500,000, and cash reserves fell by 27% to £540,000. Creditors, however, decreased by 18%, which is a positive sign. The company’s staff costs increased by 22% to £3 million, reflecting the larger workforce. The accounts are unaudited, which is common for companies of this size. UHY Hacker Young acted as the auditor.

Overall, Stage Sound Services Ltd appears to be a well-regarded company with a strong reputation, but the declining net assets and increased borrowings suggest it’s facing some financial pressures. The diverse range of ventures—from audio-visual equipment to piano restoration—could be a source of strength or a distraction, and it will be interesting to see how the company navigates these challenges in the years to come.

Registered in England/Wales under the registration number 04741221, with a registered address at CF23 8HE, United Kingdom, Cardiff, Unit A Avenue Park Industrial Estate, Croescadarn Close.

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