AUDIO PARTNERSHIP PLC
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Cash
£548k
-62.3% vs 2025
Net assets
£5.6m
+18.2% highest in 3 filed years
Employees
61
0% vs 2025
Profit before tax
£971k
+990% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £16,087,030 | £18,025,186 | £18,655,960 | +3.5% | |
| Operating profit | -£1,302,293 | £242,918 | £1,080,156 | +344.7% | |
| Profit before tax | -£1,738,661 | £89,064 | £970,829 | +990% | |
| Net profit | -£1,770,886 | £649,560 | £863,603 | +33% | |
| Cash | £118,137 | £1,454,608 | £548,455 | -62.3% | |
| Total assets less current liabilities | £5,290,589 | £5,276,913 | £6,564,050 | +24.4% | |
| Net assets | £4,103,937 | £4,753,497 | £5,617,100 | +18.2% | |
| Equity | £4,103,937 | £4,753,497 | £5,617,100 | +18.2% | |
| Average employees | 70 | 61 | 61 | 0% | |
| Wages | £4,245,416 | £3,633,035 | £3,778,434 | +4% | |
| Directors' remuneration | £559,595 | £120,000 | £120,000 | 0% | |
| Directors' pension contributions | £2,089 | £1,321 | £1,321 | 0% | |
| Highest paid director | £441,735 | — | — | — |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | -8.1% | 1.3% | 5.8% | |
| Net margin | -11.0% | 3.6% | 4.6% | |
| Return on capital employed | -24.6% | 4.6% | 16.5% | |
| Gearing (liabilities / total assets) | 69.1% | 60.4% | 54.2% | |
| Current ratio | 1.60x | 1.71x | 2.08x | |
| Interest cover | -2.98x | 1.47x | 9.85x |
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
- Standalone (parent only)
- Auditor
- Mercer & Hole LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared trading and cash flow forecasts for at least 12 months from the date of signing these accounts on a going concern basis. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue”
Group structure
- AUDIO PARTNERSHIP PLC · parent
- Audio Partnership LLC 100%
- Cambridge Audio (Asia) Limited 100%
- Cambridge Audio (EU) Limited 100%
Significant events
- “During the year, the company recognised a provision of £750,000 in respect of anticipated costs associated with addressing issues identified in two products supplied to customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOHNSON-FLINT, James | Secretary | 2023-10-10 | — | — |
| JOHNSON-FLINT, James | Director | 2015-07-31 | Apr 1968 | British |
| JOHNSON-FLINT, Pauline | Director | 2024-01-03 | Jul 1965 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CURRIER, John | Secretary | 1994-07-29 | 1998-03-31 |
| GEORGE, Stuart | Secretary | 1998-03-31 | 2023-10-10 |
| BRITANNIA COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1994-07-27 | 1994-07-29 |
| BRAMBLE, Matthew Forbes | Director | 2000-09-25 | 2013-05-01 |
| BROWN, Peter | Director | 2005-01-17 | 2015-08-01 |
| GEORGE, Stuart Ian | Director | 1998-03-31 | 2023-10-10 |
| JOHNSON-FLINT, James | Director | 1994-07-29 | 2007-12-03 |
| MASSON, Paul Andre | Director | 1999-12-22 | 2002-07-05 |
| NEWLOVE, Richard Mark | Director | 1994-07-29 | 1995-10-27 |
| RICHER, Julian | Director | 1994-11-21 | 2009-10-13 |
| STOCKLEY, Richard | Director | 1998-03-31 | 2005-09-30 |
| DEANSGATE COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1994-07-27 | 1994-07-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Audio Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-02 | Active |
| Mr James Johnson-Flint | Individual | Shares 25–50%, Voting 25–50%, Appoints directors, Significant influence | 2016-04-06 | Ceased 2021-03-02 |
| Mr Julian Richer | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-03-02 |
| Mr Stuart Ian George | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-09 | AA | accounts | Accounts with accounts type full | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-11-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-24 | AA | accounts | Accounts with accounts type full | |
| 2022-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-12 | AA | accounts | Accounts with accounts type group | |
| 2021-07-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-04-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-04-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-04-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
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.