Polar Audio Limited
Registered name: POLAR AUDIO LIMITED
Part of Beyer Dynamic (G.B.) Limited groupPolar Audio Limited made £10.4m revenue and £111k profit in the year to 31 Dec 2024.
Polar Audio Limited’s revenue fell 4% to £10.4m in the year to 31 Dec 2024, with £111k profit and 31 employees. The company is classified under “wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played” and is based in Bexley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bexley, South East
- Age
- 57 yrs · since 1969
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Consolidated accounts are prepared by Beyer Dynamic (G.B.) Limited and are available from 19 Montpelier Avenue, Bexley, Kent, DA5 3AP.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.4m | £10.8m | £10.4m |
| Cost of sales | £8.8m | £8m | £7.8m |
| Gross profit | £3.6m | £2.9m | £2.6m |
| Operating profit | £1.1m | £444k | £94.7k |
| Profit before tax | £1.1m | £476k | £145k |
| Profit after tax | £904k | £359k | £111k |
| Profit (best available) | £904k | £359k | £111k |
| Staff costs | £1.6m | £1.6m | £1.6m |
| Employees (average) | 29 | 30 | 31 |
| Ratios | |||
| Profit margin | 7.3% | 3.3% | 1.1% |
| Gross margin | 29.2% | 26.6% | 24.7% |
| Revenue per employee | £428k | £362k | £335k |
| Profit per employee | £31.2k | £12k | £3.6k |
| Cash conversion | 7.2% | −66.8% | −593.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▼12.5% | ▼4.2% |
| Profit growth | — | ▼60.3% | ▼69.1% |
| Headcount growth | — | ▲3.5% | ▲3.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.7m | £2.7m | £3.2m |
| Net assets | £6.7m | £7.1m | £7.1m |
| Fixed assets | £57.4k | £41.2k | £52k |
| Current assets | £9.5m | £9.5m | £9.3m |
| Debtors | £1.1m | £1.1m | £1.3m |
| Deferred income | £130k | £81.9k | £94.2k |
| Cash from operations | £80.6k | −£297k | −£562k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 24.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £335k
- Revenue ÷ average employees.
- Profit per employee
- £3.6k
- Profit ÷ average employees.
- Cash conversion
- −593.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲0%
- Now £7.1m
- Cash at bank
- ▲16%
- Now £3.2m
- Headcount
- ▲3%
- Now 31
- Deferred income
- ▲15%
- Now £94.2k
- Fixed assets
- ▲26%
- Now £52k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Beyer Dynamic (G.B.) Limitedultimate parent75–100%
- Polar Audio Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- UK Rami News LimitedEnfield · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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- Avf Group LimitedShropshire · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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- Electrical Wholesale Systems LimitedDeal · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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- Ian a Kernohan (Ni) LimitedConlig · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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- E P E International LimitedBradford · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £111k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.