Zound Industries Uk Ltd

Zound Industries Uk Ltd, based in Warwick, UK, is a large holding company with an active status. Founded five years ago in 2019, the company employs just five people and holds substantial assets of £8,090,016. With a virtual address and two directors, it’s a relatively lean operation overseen by one owner. Regular importer and exporter of electrical machinery and equipment, Zound Industries has seen 51 months of import activity and 8 months of export activity.

The company, now operating as Marshall Group, is a key player in the audio electronics market, designing and developing headphones and speakers for brands like Urbanears, Marshall, and Adidas. Its website highlights a focus on rock n roll experiences and a passion for audio, challenging industry conventions with what it calls "Zound magic." The company has recently celebrated awards and a profitable first quarter, and has been born from the merger of Marshall Amplification and Zound Industries. It’s clear that the company is working hard to build its brand and expand its reach.

Financially, Zound Industries Uk Ltd presents a mixed picture. While turnover increased by 5.1% to £8,100,000, current assets plummeted by 41% to £4,800,000. Bank borrowings have significantly decreased by 72% to £1,100,000, and cash reserves have also dropped by 72% to £1,100,000. Creditors have decreased by 46%, suggesting improved debt management, but the substantial drop in equity – a 45% decrease to £730,000 – is a cause for concern. The company’s administrative expenses have increased by 41% to £130,000, and pension costs have risen by 95% to £86,000. It’s worth noting that the company is exempt from an audit.

Overall, Zound Industries Uk Ltd appears to be navigating a period of transition, with revenue growth offset by declining assets and equity. The shift to Marshall Group suggests a strategic refocusing, but the company will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12264438, with a registered address at CV34 4HL, United Kingdom, Warwick, 1 Chapel Street.

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