Company Overview
Sse Audio Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 02 February 1981, so this is a well established company. Sse Audio Group Limited has been in business for 43 years and 3 months. The accounts status is full and the accounts are next due on Thursday 30 November 2023.
Registered Address

Burnt Meadow House, North Moons Moat, Redditch, B98 9PA
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Companies House Data
Company NameSSE AUDIO GROUP LIMITED
Company Number01542797
Registered Office AddressBurnt Meadow House
 North Moons Moat
 B98 9PA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/02/1981
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2023
Accounts Last Made Up Date26/02/2022
Accounts Account CategoryFULL
Returns Next Due Date20/10/2016
Returns Last Made Up Date22/09/2015
Previous Company NameChanged Date
SSE AUDIO GROUP LIMITED10 Aug 2021
SSE HIRE LIMITED12 Jul 2006
Directors & Members
Show Resigned
Michael Curbishley - Director
(British, 59 years old, born December 1965)
President - Appointed 21 October 2021
 Active
Bryce Jewell - Director
(British, 46 years old, born October 1978)
Managing Director - Appointed 28 January 2022
 Active
Nicolas Lavoie - Director
(Canadian, 51 years old, born September 1973)
Chief Financial Officer Of Groupe Solotech Inc. - Appointed 27 November 2018
 Active
Claudine Ricard - Director
(Canadian, 54 years old, born February 1970)
Chief Human Resources Officer - Appointed 29 January 2021
 Active
Martin Tremblay - Director
(Canadian, 59 years old, born November 1965)
President Of Groupe Solotech Inc. - Appointed 27 November 2018
 Active
Secretaries
Show Resigned
Nicolas Lavoie - Secretary
Appointed 29 January 2021
 Active
Other Company Directorships
Michael Curbishley
No companies found
Bryce Jewell
No companies found
Nicolas Lavoie
CANEGREEN (HOLDINGS) LIMITED
CANEGREEN LIMITED
CAPITAL SOUND HIRE LIMITED
ETA SOUND LTD
SOLOTECH UK CORPORATION LTD
SSE AUDIO GROUP HOLDINGS LIMITED
SSE HIRE LIMITED
WIGWAM ACOUSTICS LIMITED
Claudine Ricard
SSE AUDIO GROUP HOLDINGS LIMITED
Martin Tremblay
CANEGREEN (HOLDINGS) LIMITED
CANEGREEN LIMITED
CAPITAL SOUND HIRE LIMITED
ETA SOUND LTD
SOLOTECH UK CORPORATION LTD
SSE AUDIO GROUP HOLDINGS LIMITED
SSE HIRE LIMITED
WIGWAM ACOUSTICS LIMITED
Balance Sheet Unlock full report
Accounts Date 26-Feb-2022 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 11,967,699 11,967,699 10,216,725
Current Assets 3,255,811 3,255,811 3,079,032
Creditors Due Within One Year 6,634,593 6,634,593 3,413,481
Working Cap -3,378,782 -3,378,782 -334,449
Total Assets Less Current Liabilities 8,588,917 8,588,917 9,882,276
Long-term Liabilities 2,331,171 2,331,171 5,572,638
Net Assets 6,257,746 6,257,746 4,309,638
Share Capital & Reserves
Share Cap 450 450 450
Profit & Loss Reserves 6,257,296 6,257,296 4,309,188
Other Reserves 0 0 0
Shareholders Funds 6,257,746 6,257,746 4,309,638
Common Size Financial Analysis Unlock full report
Accounts Date 26-Feb-2022 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 78.6% 78.6% 76.8%
Stocks Inventory 8.1% 8.1% 7.2%
Debtors 10.4% 10.4% 12.5%
Cash Bank In Hand 1.4% 1.4% 0.8%
Current Assets 21.4% 21.4% 23.2%
Creditors Due Within One Year 43.6% 43.6% 25.7%
Net Current Assets Liabilities -22.2% -22.2% -2.5%
Creditors Due After One Year 15.3% 15.3% 41.9%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 41.1% 41.1% 32.4%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 41.1% 41.1% 32.4%
Shareholder Funds 41.1% 41.1% 32.4%
Capital Employed - - -
Total Assets Less Current Liabilities 56.4% 56.4% 74.3%
Financial Ratio Analysis Unlock full report
Accounts Date 26-Feb-2022 31-Dec-2015 31-Dec-2014
Liquidity Ratio 0.5 0.5 0.9
Solvency Ratio 1.7 1.7 1.5
Reserves to Assets 0.4 0.4 0.3
Secured Creditors Unlock full report
Mortgages Charges 16
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 14
Assets and Debt Analysis Unlock full report
Accounts Date 26-Feb-2022 31-Dec-2015 31-Dec-2014
Assets 15,223,510 15,223,510 13,295,757
Debt 8,965,764 8,965,764 8,986,119
Net Assets/Debt 6,257,746 6,257,746 4,309,638

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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SSE HIRE LIMITED
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WIGWAM ACOUSTICS LIMITED
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KEYNETIX LIMITED
SYSTEMS HOUSE, BURNT MEADOW ROAD, MOONS MOAT, NORTH, REDDITCH, WORCESTERSHIRE, B98 9PA
SSE AUDIO GROUP HOLDINGS LIMITED
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AUTOSAINT LIMITED
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Document Filings
Satisfaction of charge 015427970016 in full
Registration of charge 015427970017, created on 26 November 2023
Director's details changed for Mr. Bryce Jewell on 6 October 2023
Change of details for Sse Audio Group Holdings Limited as a person with significant control on 2 October 2023
Registered office address changed from Burnt Meadow House North Moons Moat Redditch B98 9PA to Unit 1 Connexion Ii Blythe Gate Solihull Birmingham B90 8DX on 4 October 2023
Confirmation statement made on 22 September 2023 with no updates
Confirmation statement made on 22 September 2022 with no updates
Appointment of Mr. Bryce Jewell as a director on 28 January 2022
Termination of appointment of Spencer John Beard as a director on 13 October 2021
Appointment of Michael John Curbishley as a director on 21 October 2021
Termination of appointment of Alex James Penn as a director on 13 October 2021
Confirmation statement made on 22 September 2021 with no updates
Resolutions
Appointment of Nicolas Lavoie as a secretary on 29 January 2021
Appointment of Claudine Valérie Ricard as a director on 29 January 2021
Termination of appointment of Nadia Jubinville as a director on 29 January 2021
Termination of appointment of Nadia Jubinville as a secretary on 29 January 2021
Current accounting period extended from 31 December 2020 to 28 February 2021
Confirmation statement made on 22 September 2020 with no updates
Registration of charge 015427970016, created on 16 July 2020
Resolutions
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