AUDIO PARTNERSHIP PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-01 (in 3mo)
Last made up 2025-07-18
Watchouts
None on the register
Cash
£1M
+1,131.3% highest in 3 filed years
Net assets
£5M
+15.8% vs 2024
Employees
61
-12.9% lowest in 3 filed years
Profit before tax
£89K
+105.1% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £16,087,030 | £18,025,187 | |
| Operating profit | — | -£1,302,293 | £242,918 | |
| Profit before tax | -£350,992 | -£1,738,661 | £89,064 | |
| Net profit | -£355,021 | -£1,770,886 | £649,560 | |
| Cash | £1,159,199 | £118,137 | £1,454,608 | |
| Total assets less current liabilities | £7,909,017 | £5,290,589 | £5,276,913 | |
| Net assets | £5,874,823 | £4,103,937 | £4,753,497 | |
| Equity | £5,874,823 | £4,103,937 | £4,753,497 | |
| Average employees | 68 | 70 | 61 | |
| Wages | £3,796,579 | £4,245,416 | £3,544,900 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | -8.1% | 1.3% | |
| Net margin | — | -11.0% | 3.6% | |
| Return on capital employed | — | -24.6% | 4.6% | |
| Current ratio | — | 1.60x | 1.71x | |
| Interest cover | — | -2.98x | 1.47x |
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
“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 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
- AUDIO PARTNERSHIP PLC · parent
- Audio Partnership LLC 100%
- Cambridge Audio (Asia) Limited 100%
- Cambridge Audio (EU) Limited 100%
Significant events
- “A Year of Turnaround and Energy for the Future”
- “launched exceptional new products”
- “re-established our brand Cambridge Audio as a vibrant leader in the premium audio space”
- “new Cambridge Audio identity launched in early 2025”
- “successful collaboration with leading fashion brand Maharishi, which hit the streets in September, brought Cambridge Audio into new cultural spaces and reinforced our presence at the intersection of music, design and lifestyle.”
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 141 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2020-10-27 | AA | accounts | Accounts with accounts type group | |
| 2020-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+12%
£16,087,030 £18,025,187
-
Cash
+1,131.3%
£118,137 £1,454,608
highest in 3 filed years
-
Net assets
+15.8%
£4,103,937 £4,753,497
-
Employees
-12.9%
70 61
lowest in 3 filed years
-
Operating profit
+118.7%
-£1,302,293 £242,918
-
Profit before tax
+105.1%
-£1,738,661 £89,064
highest in 3 filed years
-
Wages
-16.5%
£4,245,416 £3,544,900
lowest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers