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Company No. 03735541 · Incorporated 18 Mar 1999

S & T Audio Limited

Registered name: S & T AUDIO LIMITED

Part of Professional Music Technology Limited group

S & T Audio Limited made £43m revenue and a £221k loss in the year to 30 Apr 2024.

S & T Audio Limited’s revenue fell 9% to £43m in the year to 30 Apr 2024, with a loss of £221k and 179 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Status
In Administration
Location
Manchester, North West
Age
27 yrs · since 1999
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.

Latest accounts · year to 30 Apr 2024

Key figures

Capital-light
Revenue
£43m
Growth ▼8.8%
Profit
−£221k
Growth —
Profit margin
−0.5%
Gross 24.6%
Employees
179
Change ▼11.4%
Profit / employee
−£1.2k
Revenue/employee £240k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202330 Apr 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£47.1m£43m
Cost of sales£36.3m£32.4m
Gross profit£10.8m£10.6m
Operating profit−£852k−£136k
Profit before tax−£964k−£280k
Profit after tax−£905k−£221k
Profit (best available)−£905k−£221k
Staff costs£5.9m£5.4m
Employees (average)202179
Ratios
Profit margin−1.9%−0.5%
Gross margin23%24.6%
Revenue per employee£233k£240k
Profit per employee−£4.5k−£1.2k
Growth (year on year)
Revenue growth—▼8.8%
Headcount growth—▼11.4%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£1.5m
Net assets£4.4m£4.1m
Fixed assets£909k£782k
Current assets£14.4m£12.2m
Debtors£104k£98.9k
Deferred income£599k£327k
SourceFullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
−0.5%
Profit ÷ revenue.
Gross margin
24.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£240k
Revenue ÷ average employees.
Profit per employee
−£1.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.2%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼5%
Now £4.1m
Cash at bank
▼34%
Now £1.5m
Headcount
▼11%
Now 179
Deferred income
▼45%
Now £327k
Fixed assets
▼14%
Now £782k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Professional Music Technology Limitedultimate parent75–100%
  2. S & T 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£221k), from the Companies House accounts bulk data published Feb 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.