ORANGE MUSIC ELECTRONIC COMPANY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.2%

  £11,693,261 → £11,557,438

• Cash

  -0.7%

  £4,940,514 → £4,907,280

• Net assets

  +3.4%

  £11,577,620 → £11,966,741

  highest in 6 filed years

• Employees

  +12.5%

  16 → 18

• Operating profit

  +17.4%

  £485,456 → £569,747

• Profit before tax

  +35.4%

  £551,654 → £746,943

• Wages

  +1.9%

  £727,499 → £741,204

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. ORANGE MUSIC ELECTRONIC COMPANY LIMITED 1999-10-15 → present
2. ORANGE MUSICAL & ELECTRICAL COMPANY LIMITED 1991-05-16 → 1999-10-15
3. MILES MARSHALL MUSIC LIMITED 1976-12-09 → 1991-05-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The changes and uncertainty in economic and political environments worldwide continues to be a risk to the company, in particular pending tariffs from the USA.”
• “Pricing is a risk for the company. Prices of core components had begun to stabilise but any additional tariffs from the USA will have an impact on the price of these, freight costs also still continue to fluctuate, together these factors will create uncertainty in future costs.”
• “Currency rate fluctuations continue to be significant risk to the company. To assist with mitigating this risk the company matches the currency it charges its international customers with that of its major suppliers along with regularly monitoring exchange rates.”
• “the company is exposed to the risk of bad debts as it offers credit to some customers, it mitigates this risk by closely monitoring credit control and using tools available such as credit check reference agencies.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.