S & T Audio Limited
Registered name: S & T AUDIO LIMITED
Part of Professional Music Technology Limited groupS & 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 202 | 179 |
| Ratios | ||
| Profit margin | −1.9% | −0.5% |
| Gross margin | 23% | 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 |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
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.
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.
Group structure
Ownership chain
- Professional Music Technology Limitedultimate parent75–100%
- 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).
Similar profitable businesses
- Bibby Agriculture LimitedCarlisle · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £44.1m
- Profit
- £1.3m
- Staff
- 18
- Ua UK Retail LimitedLondon · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £39.3m
- Profit
- £325k
- Staff
- 298
- John H. Lunn (Jewellers), LimitedBelfast · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £38.3m
- Profit
- £1.9m
- Staff
- 121
- Park Cameras LimitedBurgess Hill · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £37.2m
- Profit
- £1.9m
- Staff
- 67
- Mandarin Slate LimitedMonmouth · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £49.8m
- Profit
- £4.2m
- Staff
- 247
- Yorkshire Caravans & Motorhomes LimitedDoncaster · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £34.5m
- Profit
- £921k
- Staff
- 64
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.