BEYER DYNAMIC (G.B.) 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

  -4.2%

  £10,848,513 → £10,391,934

• Cash

  +15.5%

  £2,847,117 → £3,287,201

• Net assets

  —

  Not reported

• Employees

  +3.3%

  30 → 31

• Operating profit

  -80.4%

  £434,506 → £85,123

• Profit before tax

  -71%

  £466,164 → £135,017

• Wages

  +4.4%

  £1,348,145 → £1,407,903

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. BEYER DYNAMIC (G.B.) LIMITED 2008-10-27 → present
2. POLAR AUDIO LIMITED 2008-02-18 → 2008-10-27

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Swindells LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 group's and the parent 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.”

Group structure

1. BEYER DYNAMIC (G.B.) LIMITED · parent
   1. Polar Audio Limited 100% · England and Wales · Supplier of audio equipment

Significant events

• “The company continues to perform well in what was a tough year due to the economic climate in general and the specific pressures on some of our key markets and technology changes.”
• “The company has pursued a reduction in inventory which has increased our cash position and a reduction in overheads which will lead to increased profitability.”
• “The principle risks and uncertainties are those facing any business in the UK currently, primarily the Wars in Europe and the Middle East, uncertainty of the Brexit effects and the continuing impact of the Covid-19 pandemic.”
• “Large scale shortages of products supply in previous years have been exchanged to a general oversupply in products leading to a more competitive market and putting pressure on margins. This combined with budget restrictions in both consumer and public sectors have led to a tougher year.”
• “The Directors have instigated new policies to improve profitability and reduce risks, these include a reduction in low margin consumer based products, an increase in technology based solutions and diversification into new markers.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.