SOUNDS (WHOLESALE) LIMITED
Company number 02674005 · Monitor this company
Executive summary
Sounds (Wholesale) Limited presents a medium-risk profile characterised by persistent negative working capital and heavy reliance on trade creditor financing, offset by a 33-year trading history and a reasonable cash position. The primary concerns are the structural current liability excess (£152,684 net current liabilities), a growing trade creditor balance representing 62% of total assets, and declining net assets suggesting trading losses. However, the company maintains £217k in cash, owns investment property valued at £250k, carries no external debt, and demonstrates regulatory compliance. Key areas requiring further investigation include the sustainability of trade creditor terms, the basis of the director-valued investment property, and the underlying profitability trend obscured by the abbreviated filing regime.
Shareholders' funds
£94,967
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-12-24
- Employees
- 8 (2024 accounts · was 7 in 2023)
- Registered office
- Unit 6 Appleby Glade Industrial Estate, Ryder Close, Swadlincote, Derbyshire, DE11 9EU
- Postcode
- DE11 9EU
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-12-21
- Next due by
- 2027-01-04
Nature of business (SIC)
- 82920 Packaging activities
Officers 2 current · 4 resigned
Contact details
- Website
- soundswholesale.com
Europes biggest music accesory manufactures and distributors. One of the UK's largets online packaging suppliers.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| UNIT 2 PARK STREET, BURTON-ON-TRENT, STAFFORDSHIRE, DE14 3SE | 2012-02-07 |
Among its peers
3rd oldest
of 17 similar companies in DE, trading since 1991
Competitors Derby
-
3. WEPACK LTD.
This company ranks 6 among packaging activities in Derby.
The class of 1991
50%
of the 20,888 companies incorporated in 1991 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2021-04-29
- Price paid, where recorded
- £230,000
- Where
- Greater Manchester
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| GM812200 | Greater Manchester | Freehold | 2021-04-29 | £230,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.