NAIM AUDIO LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Dafferns Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the working capital requirements of the group and believe that with the resources available to the business, coupled with the assessment of detailed budgets and forecasts, the Group is expected to remain in a strong financial position moving forwards. As a result of this assessment, the going concern assumption continues to be adopted in the preparation of these financial statements.”

Group structure

1. NAIM AUDIO LIMITED · parent
   1. Focal.JMLab UK Limited 100% · UK · Distribution of speakers into the UK

Significant events

• “A couple of new products have been released in 2024. For Naim, the key ones were a new model added to our Uniti iconic range, Nova Power Edition, at the beginning of the year and our Custom Integration (CI) range at the end of the year with 3 products: a streamer amplifier, a 8-channel power amplifier and a mono power amplifier. For Focal, the main release was Diva Utopia, a 3-way active wireless speaker at the end of the year.”

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.

• Turnover

  -33%

  £38,966,068 → £26,114,137

• Cash

  -71.1%

  £3,770,743 → £1,090,153

• Net assets

  -4.8%

  £27,494,854 → £26,181,172

• Employees

  -3.7%

  162 → 156

• Operating profit

  -152.5%

  £3,274,715 → -£1,717,622

• Profit before tax

  -152.4%

  £3,277,284 → -£1,717,260

• Wages

  +0.8%

  £6,702,897 → £6,757,136

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