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Cash

£3.2m

+137.8% highest in 3 filed years

Net assets

£16m

+6.3% highest in 3 filed years

Employees

156

-1.3% vs 2025

Profit before tax

£1.1m

+450.2% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £34,539,000£36,418,000£37,264,000 +2.3%
Operating profit -£390,000-£1,506,000-£820,000 +45.6%
Profit before tax -£316,000-£301,000£1,054,000 +450.2%
Net profit -£326,000£86,000£982,000 +1,041.9%
Cash £960,000£1,329,000£3,160,000 +137.8%
Total assets less current liabilities £15,723,000£21,828,000£22,563,000 +3.4%
Net assets £15,723,000£15,504,000£16,486,000 +6.3%
Equity £15,723,000£15,504,000£16,486,000 +6.3%
Average employees 149158156 -1.3%
Wages £7,018,000£7,673,000£7,906,000 +3%
Directors' remuneration £231,000£271,000£227,000 -16.2%
Directors' pension contributions £0£15,000£13,000 -13.3%
Highest paid director £231,000£271,100£227,200 -16.2%

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 2024-03-312025-03-312026-03-31
Operating margin -1.1%-4.1%-2.2%
Net margin -0.9%0.2%2.6%
Return on capital employed -2.5%-6.9%-3.6%
Gearing (liabilities / total assets) 38.0%49.3%48.7%
Current ratio 1.36x1.65x1.71x
Interest cover -1.65x-2.76x-2.17x

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.

Name history

Renamed 3 times since incorporation

  1. GP ACOUSTICS (UK) LIMITED 2001-06-12 → present
  2. KH INDUSTRIES (UK) LIMITED 1994-12-14 → 2001-06-12
  3. KINERGETICS HOLDINGS (UK) LIMITED 1992-05-21 → 1994-12-14
  4. TRUSHELFCO (NO. 1800) LIMITED 1992-04-30 → 1992-05-21

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Affinia Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on these forecasts, and after making appropriate additional enquiries, the directors are confident that the company has access to adequate resources to continue in operational existence for the foreseeable future”

Group structure

  1. GP ACOUSTICS (UK) LIMITED · parent
    1. GP Acoustics GmbH 100% · Germany · Distribution of loudspeakers
    2. GP Acoustics (US) Inc 100% · USA · Distribution of loudspeakers
    3. Celestion International Limited 100% · United Kingdom · Dormant
    4. KEF Audio (UK) Limited 100% · United Kingdom · Dormant

Significant events

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

People

4 active · 28 resigned

Name Role Appointed Born Nationality
MCINTYRE, Ian Andrew Secretary 2026-04-01 — —
LAM, Hin Lap Director 2016-10-19 Dec 1961 Australian
LI, Brian Yiu Cheung Director 1997-11-20 Jul 1953 Canadian
LO, Kit Yee Grace Director 2016-10-19 Jul 1971 Chinese
Show 28 resigned officers
Name Role Appointed Resigned
CHU, William Secretary 2004-07-01 2006-11-01
FARTHING, Kevin Charles Secretary 1992-06-29 1995-01-31
FOX, Duncan Peter Secretary 1997-09-11 2000-01-24
GILBERT, Darren Secretary 2000-01-24 2002-10-01
LAU, Kam Kuen Secretary 2006-11-01 2026-04-01
LIU, Katherine Khieu Khim Secretary 2002-10-01 2004-07-01
MCHATTIE, Frederick, Bcom Dipacc Ca Sa Secretary 1995-09-18 1997-09-11
RINGROSE, Christopher James Secretary 1995-02-01 1995-09-18
TRUSEC LIMITED Corporate Nominee Secretary 1992-04-30 1992-06-29
BANNER, Paul Lancelot Director 1992-05-20 2000-10-09
CHANDLER, Christine Anne Nominee Director 1992-04-30 1992-05-20
CHUANG, Andrew Director 1992-08-03 2001-02-15
DAVIES, Graham Martin Director 1995-09-18 1998-05-31
DI GROLAMO, Frank Director 1993-11-25 1994-05-25
DICHIRO, Anthony Director 1992-05-26 1999-01-31
DIGIROLAMO, Frank Director 2001-02-15 2006-05-01
DRONKERS, Wouter Gerhard Director 2003-07-01 2017-12-18
FARTHING, Kevin Charles Director 1992-08-03 1995-01-31
FINCHAM, Laurie Director 1992-08-03 1993-06-30
LEPPER, Raymond James Director 1995-09-18 1998-09-15
LEUNG, Pak Chuen Director 2001-02-15 2003-07-01
MILLER, Paul Robert Director 2005-09-14 2006-05-22
NG, Siu Kai Director 2001-02-15 2016-10-19
OSMOND, Andrew John Director 1995-01-16 1997-02-14
PROVAN, Gordon Director 1992-08-03 1995-01-31
REEVE, Robert Arthur Nominee Director 1992-04-30 1992-05-20
SMITH, Michael Dean Director 1992-05-20 1999-01-31
WERNER, Jens William Director 1995-09-18 2017-12-18

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 217 total filings

Date Type Category Description
2026-09-29 AA accounts Accounts with accounts type full
2026-05-30 AP03 officers Appoint person secretary company with name date
2026-05-21 TM02 officers Termination secretary company with name termination date
2026-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-07 AA accounts Accounts with accounts type full
2025-09-02 AD01 address Change registered office address company with date old address new address PDF
2025-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-28 AA accounts Accounts with accounts type full
2024-05-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-08 AD01 address Change registered office address company with date old address new address PDF
2023-09-22 AA accounts Accounts with accounts type group
2023-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-20 AA accounts Accounts with accounts type group
2022-05-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-08 AA accounts Accounts with accounts type group
2021-07-21 CH01 officers Change person director company with change date PDF
2021-06-28 CH01 officers Change person director company with change date PDF
2021-05-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-06 AA accounts Accounts with accounts type group
2020-05-14 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page