RICHER SOUNDS LIMITED

1. RICHER SOUNDS LIMITED 2019-04-26 → present
2. RICHER SOUNDS PLC 1990-07-19 → 2019-04-26
3. RICHER GROUP PLC 1987-03-31 → 1990-07-19
4. RICHER SOUNDS LIMITED 1983-09-23 → 1987-03-31
5. RICHER SOUND AND VISION LIMITED 1978-11-29 → 1983-09-23

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

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed cash flow forecasts of the company and have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the approval of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements. Having considered the information available to them to the date of signing the financial statements, the directors are satisfied that the company remains a going concern.”

Group structure

1. RICHER SOUNDS LIMITED · parent
   1. Hi-fi Direct Limited 100% · Dormant
   2. Big Screen Entertainment Limited 100% · Dormant

Significant events

• “The company paid £3,500,000 as a distribution to the company's Employee Ownership Trust (EOT) between July and September 2025.”
• “On 2nd June 2025, the company completed the acquisition of an additional freehold property for a total consideration of £2,100,000. The property will be used within the primary trading activity of the business.”

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

Filings

16

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

  +5.5%

  £145,834,000 → £153,875,000

• Cash

  -200.5%

  £5,618,000 → -£5,646,000

• Net assets

  +0.5%

  £23,854,000 → £23,969,000

• Employees

  +0.4%

  469 → 471

• Operating profit

  +8.4%

  £6,428,000 → £6,969,000

• Profit before tax

  +6.7%

  £6,643,000 → £7,087,000

• Wages

  +7.5%

  £17,658,000 → £18,978,000

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