System Sound & Light Limited

System Sound & Light Ltd, based in Stanmore, UK, is a small, active company with a 39-year history. Founded in 1986, it employs just three people and holds £293,005 in assets. The company operates from a virtual address, registered with 658 other companies, and is managed by three directors and two owners. It boasts a stellar 5.0 Google rating based on three reviews. The company irregularly imports and exports electrical machinery and equipment, with the last import recorded in May 2023 and the last export in October 2020.

The company’s website, System Sound, needs JavaScript to run, which isn't very helpful for understanding its operations. It suggests a focus on audio and lighting equipment, but the lack of detailed information makes it difficult to determine if it’s primarily an e-commerce business or a service provider.

Financially, System Sound & Light Ltd shows a mixed picture. Current assets have fallen by 39% to £290,000, while net assets have decreased by 5.9% to £260,000. Bank borrowings have seen a significant decrease of 48%, reducing to £50,000. Cash reserves have plummeted 78% to £64,000. Creditors have also decreased by 38%, suggesting improved debt management. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The significant drop in cash reserves, however, is concerning and could indicate the company is burning through money faster than it's bringing it in. There’s no auditor mentioned, which is common for small companies exempt from an audit. The decrease in bank borrowings is a positive sign, but the overall trend suggests the company needs to carefully manage its finances.

Registered in England/Wales under the registration number 02022374, with a registered address at HA7 1FW, England, Stanmore, Middlesex, C/O Parker Cavendish, Suite 301, Stanmore Business And Innovation Centre, Howard Road.

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