SOUND TECHNOLOGY LIMITED

VINCES, ROAD, DISS, IP22 4YT

Company Number: 01454050
Incorporation date: 15-Oct-1979
Status: Active
Entity type: Private Limited Company

SIC codes:
46491 Wholesale of musical instruments





SUMMARY

This company is 44.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.8 million which has increased from GBP 3.7 million in the previous year. The latest reported revenue figure is GBP 27.1 million which is up 10% on previous year's figure of GBP 24.8 million. The company has 4 active officers (directors or partners) who are or were officers of 24 other companies, 11 (45.8%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 27,103,711 269,992 34,373 -6,166 241,785
31-Dec-2021 GBP 24,824,029 440,227 18 42,696 -18,867 416,416
31-Dec-2020 GBP 24,978,977 -1,285,880 1,344 45,744 -285,022 -1,045,258
31-Dec-2019 GBP 28,157,575 1,694,613 2,282 66,620 325,985 1,304,290
31-Dec-2018 GBP 30,459,226 1,962,351 507 107,346 355,231 1,500,281
31-Dec-2017 GBP 27,417,579 68,566 79,759 -19,492


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 1,331,005 7,282,365 3,820,293 878,075 120,000 3,228,194 3,827,503
31-Dec-2021 GBP 195,484 9,622,724 6,255,606 14,831 120,000 3,280,968 3,716,656
31-Dec-2020 GBP 191,902 8,774,945 5,871,824 195,119 120,000 3,024,590 3,318,868
31-Dec-2019 GBP 198,732 10,127,890 6,310,793 375,214 120,000 4,069,848 4,277,964
31-Dec-2018 GBP 1,212,745 13,234,268 10,278,278 579,784 120,000 3,019,658 3,147,922
31-Dec-2017 GBP 121,843 6,498,059 4,921,658 120,000 1,533,098 1,653,098

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Andrew Kenneth GARNHAM 30 Sep 2020 29 Mar 2024 1 - 0
Resigned Przemek SZLACHTA 20 Jun 2019 30 Sep 2020 0 - 1
Resigned Mary Howson WILSON 30 Nov 2017 British 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Stephen LAMB 10 Jan 2023 Finance Director British 5 - 00 (0.0%)
Active Stephen Barry FENBY 30 Nov 2017 Chartered Accountant British 6 - 2115 (55.6%)
Active Mark Daniel LOWE 30 Nov 2017 Chief Operations Officer British 1 - 00 (0.0%)
Resigned Judith Christine KINGSTON 01 Dec 2014 31 Dec 2020 Chartered Accountant British 1 - 10 (0.0%)
Resigned Gregory Mark NIVEN 01 Jan 2006 11 Aug 2023 Sales Director British 0 - 20 (0.0%)
Active Ian Matthew CULLEN 01 Jan 2004 Director British 2 - 00 (0.0%)
Resigned Jonathan Stewart GOWDEY 06 Jan 1997 31 May 2005 Sales Director British 0 - 10 (0.0%)
Resigned Alan Edward GREENSALL 20 May 1996 22 Feb 2000 Managing Director United Kingdom 1 - 73 (37.5%)
Resigned David Peter MARSHALL 20 May 1996 31 Dec 2022 Managing Director British 0 - 41 (25.0%)
Resigned Robert Allan WILSON 31 May 2018 Chairman British 3 - 114 (28.6%)
Resigned Robert Francis FLETCHER 16 May 1996 Sales Director British 0 - 10 (0.0%)
Resigned John Francis CARPANINI 16 May 1996 Managing Director British 0 - 10 (0.0%)
Number of active directors: 4
Average tenure of active directors: 8.5 years
Average tenure of resigned directors: 7.8 years
Average active director Dissolution Rate: 13.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
H H B LIMITED (01324572) - Active
MIDWICH LIMITED (01436289) - Active
SOUND TECHNOLOGY LIMITED (01454050) - Active
SYNERGIX LTD (02156884) - Dissolved
H H B COMMUNICATIONS LIMITED (02316548) - Active
R.W. SALT COMMUNICATIONS LIMITED (02355159) - Dissolved
HOLDAN LIMITED (03157860) - Active
MUSIC FOR ALL (03193551) - Active
PSCO LIMITED (03321501) - Liquidation
RWS DRUMS & PERCUSSION LIMITED (03614934) - Dissolved
TRUE COLOURS DISTRIBUTION LIMITED (04099583) - Active
CUCKOO HOLDINGS LIMITED (04136761) - Dissolved
INVISION UK LTD (04799073) - Active
TAYVIN 320 LIMITED (05076091) - Dissolved
MIDWICH EMPLOYEES' TRUSTEES LIMITED (05076394) - Active
SOURCE DISTRIBUTION LTD (05934345) - Active
PSCO RENTAL LIMITED (06003716) - Dissolved
AV COURIERS LIMITED (06464065) - Dissolved
NEARLY NEW AUDIO VISUAL LTD (06484210) - Dissolved
YELLOWGLADE LIMITED (06605326) - Dissolved
M&R 320 LIMITED (07290298) - Dissolved
PSCO GROUP LIMITED (07667390) - Dissolved
MIDWICH GROUP PLC (08793266) - Active
SAWLEY VENTURES LIMITED (12165244) - Active
H H B COMMUNICATIONS HOLDINGS LIMITED (14525102) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-02-232016-02-232015-02-232014-02-232013-02-23
MIDWICH LTDA ORDINARY100,000
83.3%
0
0%
0
0%
0
0%
0
0%
MIDWICH LTDB ORDINARY20,000
16.7%
0
0%
0
0%
0
0%
0
0%
ROBERT ALLAN DAVID WILSONA ORDINARY0
0%
100,000
83.3%
0
0%
0
0%
0
0%
MARY HOWSON WILSONB ORDINARY0
0%
20,000
16.7%
0
0%
0
0%
0
0%
ROBERT WILSONORDINARY0
0%
0
0%
82,000
68.3%
0
0%
117,000
97.5%
ROBERT ALLAN DAVID WILSONORDINARY0
0%
0
0%
37,976
31.6%
2,976
2.48%
2,976
2.48%
MARY HOWSON WILSONORDINARY0
0%
0
0%
24
0.02%
24
0.02%
24
0.02%
MARY WILSONORDINARY0
0%
0
0%
0
0%
117,000
97.5%
0
0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SOUND TECHNOLOGY LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46491 Wholesale of musical instruments)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
WESTSIDE DISTRIBUTION LIMITED 100 FIFTY PITCHES ROAD, GLASGOW, G51 4EB SC365971 2018-03-31 11,793,530 0
KHGZ TRADING LTD 3A, 140 STREATHAM HILL, LONDON, ENGLAND, SW2 4RS 08544918 2018-05-31 27,762 0
J L MUSIC LIMITED 6 BURWELL ROAD, EATON FORD, ST. NEOTS, ENGLAND, PE19 7QQ 10650965 2018-03-31 10,950 0
LONDON GUITAR EMPORIUM LIMITED FLAT 20 GODWIN COURT, CROWNDALE ROAD, LONDON, NW1 1NN 08529726 2017-05-31 0 0
WESTSIDE DISTRIBUTION HOLDINGS LIMITED 100 FIFTY PITCHES ROAD, GLASGOW, SCOTLAND, G51 4EB SC648056 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
SOUND TECHNOLOGY LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public