Do you have a dispute with a business?
Make it public
SOUND TECHNOLOGY LIMITED
VINCES, ROAD, DISS, IP22 4YTCompany 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-2024Accounts 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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 0 | 0 (0.0%) | |
Active | Stephen Barry FENBY | 30 Nov 2017 | Chartered Accountant | British | 6 - 21 | 15 (55.6%) | |
Active | Mark Daniel LOWE | 30 Nov 2017 | Chief Operations Officer | British | 1 - 0 | 0 (0.0%) | |
Resigned | Judith Christine KINGSTON | 01 Dec 2014 | 31 Dec 2020 | Chartered Accountant | British | 1 - 1 | 0 (0.0%) |
Resigned | Gregory Mark NIVEN | 01 Jan 2006 | 11 Aug 2023 | Sales Director | British | 0 - 2 | 0 (0.0%) |
Active | Ian Matthew CULLEN | 01 Jan 2004 | Director | British | 2 - 0 | 0 (0.0%) | |
Resigned | Jonathan Stewart GOWDEY | 06 Jan 1997 | 31 May 2005 | Sales Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Alan Edward GREENSALL | 20 May 1996 | 22 Feb 2000 | Managing Director | United Kingdom | 1 - 7 | 3 (37.5%) |
Resigned | David Peter MARSHALL | 20 May 1996 | 31 Dec 2022 | Managing Director | British | 0 - 4 | 1 (25.0%) |
Resigned | Robert Allan WILSON | 31 May 2018 | Chairman | British | 3 - 11 | 4 (28.6%) | |
Resigned | Robert Francis FLETCHER | 16 May 1996 | Sales Director | British | 0 - 1 | 0 (0.0%) | |
Resigned | John Francis CARPANINI | 16 May 1996 | Managing Director | British | 0 - 1 | 0 (0.0%) |
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
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2018-02-23 | 2016-02-23 | 2015-02-23 | 2014-02-23 | 2013-02-23 | ||
MIDWICH LTD | A ORDINARY | 100,000 83.3% | 0 0% | 0 0% | 0 0% | 0 0% |
MIDWICH LTD | B ORDINARY | 20,000 16.7% | 0 0% | 0 0% | 0 0% | 0 0% |
ROBERT ALLAN DAVID WILSON | A ORDINARY | 0 0% | 100,000 83.3% | 0 0% | 0 0% | 0 0% |
MARY HOWSON WILSON | B ORDINARY | 0 0% | 20,000 16.7% | 0 0% | 0 0% | 0 0% |
ROBERT WILSON | ORDINARY | 0 0% | 0 0% | 82,000 68.3% | 0 0% | 117,000 97.5% |
ROBERT ALLAN DAVID WILSON | ORDINARY | 0 0% | 0 0% | 37,976 31.6% | 2,976 2.48% | 2,976 2.48% |
MARY HOWSON WILSON | ORDINARY | 0 0% | 0 0% | 24 0.02% | 24 0.02% | 24 0.02% |
MARY WILSON | ORDINARY | 0 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 |