NAIM AUDIO LIMITED
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Cash
£743k
-31.8% lowest in 3 filed years
Net assets
£25m
-6.1% lowest in 3 filed years
Employees
131
-16% lowest in 3 filed years
Profit before tax
-£2.3m
-31.3% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £38,966,068 | £26,114,137 | £23,160,301 | -11.3% | |
| Operating profit | £3,274,715 | -£1,717,622 | -£2,250,782 | -31% | |
| Profit before tax | £3,277,284 | -£1,717,260 | -£2,255,054 | -31.3% | |
| Net profit | £2,556,179 | -£1,313,682 | -£1,594,351 | -21.4% | |
| Cash | £3,770,743 | £1,090,153 | £742,976 | -31.8% | |
| Total assets less current liabilities | £29,793,457 | £28,351,307 | £25,946,185 | -8.5% | |
| Net assets | £27,494,854 | £26,181,172 | £24,586,821 | -6.1% | |
| Equity | £27,494,854 | £26,181,172 | £24,586,821 | -6.1% | |
| Average employees | 162 | 156 | 131 | -16% | |
| Wages | £6,702,897 | £6,757,136 | £5,906,315 | -12.6% | |
| Directors' remuneration | £96,083 | £98,618 | £98,417 | -0.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 8.4% | -6.6% | -9.7% | |
| Net margin | 6.6% | -5.0% | -6.9% | |
| Return on capital employed | 11.0% | -6.1% | -8.7% | |
| Gearing (liabilities / total assets) | 22.4% | 24.1% | — | |
| Current ratio | 4.19x | — | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Dafferns Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the working capital requirements of the group and believe that with the resources available to the business, coupled with the assessment of detailed budgets and forecasts, the Group is expected to remain in a strong financial position moving forwards. As a result of this assessment, the going concern assumption continues to be adopted in the preparation of these financial statements.”
Group structure
- NAIM AUDIO LIMITED · parent
- Focal.JMLab UK Limited 100%
Significant events
- “On 30 April 2026, Barco N.V. completed on the acquisition of Vervent Audio Holdings. Barco N.V. is a company incorporated in Belgium.”
- “At the date of these financial statements, Naim Audio Limited is now ultimately owned by Barco.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAGNAUD, Cedric | Director | 2022-07-28 | May 1980 | French |
| MICHAUD, Matthieu | Director | 2022-07-28 | Mar 1992 | French |
| VERVENT AUDIO GROUP | Corporate Director | 2018-08-24 | — | — |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARDEN, Neil Edmond | Secretary | 2007-05-16 | 2014-07-22 |
| CLARKE, Shirley Montieth | Secretary | — | 2004-09-13 |
| SMITH & WILLIAMSON LIMITED | Corporate Secretary | 2004-09-13 | 2007-05-16 |
| BROOKE, Alan Richard | Director | 2021-03-01 | 2022-07-28 |
| CARDEN, Neil Edmond | Director | 2004-11-26 | 2014-07-22 |
| CLARKE, Shirley Montieth | Director | — | 2004-09-13 |
| GEORGE, Roy Victor | Director | 2000-01-27 | 2019-06-10 |
| HENDERSON, Charles | Director | 2019-02-25 | 2021-02-26 |
| HENDERSSON, Charles | Director | 2019-02-25 | 2019-02-25 |
| MAHUL, Jacques Marie Paul | Director | 2011-07-27 | 2014-04-30 |
| MOORE, Michael | Director | — | 2005-03-31 |
| PETTIER, Jean-Louis Joseph | Director | 2014-04-30 | 2020-12-31 |
| STEPHENSON, Paul Malcolm | Director | — | 2015-07-01 |
| VEREKER, Julian Charles Prendergast | Director | — | 2000-01-14 |
| WILSON, Trevor, Dr | Director | 2015-07-01 | 2018-08-03 |
| FOCAL & NAIM | Corporate Director | 2011-07-27 | 2015-01-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vervent Audio Group | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-13 | Ceased 2024-08-23 |
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | AA | accounts | Accounts with accounts type group | |
| 2024-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-08-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-13 | AA | accounts | Accounts with accounts type group | |
| 2023-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-15 | AA | accounts | Accounts with accounts type group | |
| 2023-04-20 | CH01 | officers | Change person director company with change date | |
| 2022-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-18 | AA | accounts | Accounts with accounts type group | |
| 2021-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-12 | AA | accounts | Accounts with accounts type group | |
| 2021-03-30 | AAMD | accounts | Accounts amended with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.