Workspace Audio Visual Ltd

Workspace Audio Visual Ltd is a small, active company based in London, UK, founded four years ago in 2021. With £788,189 in assets and a virtual address, the company employs eight people and is managed by three directors, although no owners are officially listed. It operates as a regular exporter of electrical machinery and equipment, with 45 months of export activity recorded as of February 2025, but is an irregular importer, with only one month of import activity noted in November 2024.

The company's website, workspaceavsolutions.co.uk, positions itself as a bridge between businesses needing commercial audio-visual solutions and qualified installation companies. It doesn’t directly install equipment but acts as a referral service, offering unbiased recommendations and streamlining the vetting process. The site highlights expertise in video conferencing, digital signage, and other AV technologies, catering to various spaces like offices, lecture theatres, and command centres. It’s clear that the company is focused on connecting businesses with the right AV partners, rather than providing services directly.

Financially, Workspace Audio Visual Ltd shows some interesting trends. While current assets increased significantly to £790,000, net assets also rose to £440,000, suggesting a healthy overall position. However, bank overdrafts have increased considerably to £16,000, and creditors have ballooned to £450,000—a significant rise. Trade debtors also increased substantially to £390,000, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants attention. The accounts are unaudited and prepared as filleted accounts, so the figures rely on director-reported data.

The company’s focus on connecting businesses with AV specialists, combined with the financial data, suggests a lean operation that is growing but needs to manage its debt effectively. It’s clear that the company is betting on its referral service model to sustain its growth.

Registered in England/Wales under the registration number 13312342, with a registered address at EC1N 8LE, England, London, 63-66 Hatton Garden, Fifth Floor, Suite 23.

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