calrec audio limited
calrec audio limited Company Information
Company Number
02392336
Next Accounts
Dec 2025
Industry
Manufacture of other electrical equipment
Support activities to performing arts
Shareholders
a6 audio bidco limited
Group Structure
View All
Contact
Registered Address
nutclough mill ., valley road, hebden bridge, west yorkshire, HX7 8EZ
Website
calrec.comcalrec audio limited Estimated Valuation
Pomanda estimates the enterprise value of CALREC AUDIO LIMITED at £42.5m based on a Turnover of £31.1m and 1.37x industry multiple (adjusted for size and gross margin).
calrec audio limited Estimated Valuation
Pomanda estimates the enterprise value of CALREC AUDIO LIMITED at £148.1m based on an EBITDA of £10.8m and a 13.66x industry multiple (adjusted for size and gross margin).
calrec audio limited Estimated Valuation
Pomanda estimates the enterprise value of CALREC AUDIO LIMITED at £30.5m based on Net Assets of £18.2m and 1.67x industry multiple (adjusted for liquidity).
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Calrec Audio Limited Overview
Calrec Audio Limited is a live company located in hebden bridge, HX7 8EZ with a Companies House number of 02392336. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in June 1989, it's largest shareholder is a6 audio bidco limited with a 100% stake. Calrec Audio Limited is a mature, large sized company, Pomanda has estimated its turnover at £31.1m with rapid growth in recent years.
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Calrec Audio Limited Health Check
Pomanda's financial health check has awarded Calrec Audio Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £31.1m, make it larger than the average company (£7m)
£31.1m - Calrec Audio Limited
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (10.1%)
32% - Calrec Audio Limited
10.1% - Industry AVG
Production
with a gross margin of 52.2%, this company has a lower cost of product (37.2%)
52.2% - Calrec Audio Limited
37.2% - Industry AVG
Profitability
an operating margin of 27.1% make it more profitable than the average company (5.5%)
27.1% - Calrec Audio Limited
5.5% - Industry AVG
Employees
with 118 employees, this is above the industry average (44)
118 - Calrec Audio Limited
44 - Industry AVG
Pay Structure
on an average salary of £51.3k, the company has a higher pay structure (£40.3k)
£51.3k - Calrec Audio Limited
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £263.4k, this is more efficient (£133.6k)
£263.4k - Calrec Audio Limited
£133.6k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (37 days)
45 days - Calrec Audio Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is close to average (29 days)
29 days - Calrec Audio Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 219 days, this is more than average (73 days)
219 days - Calrec Audio Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (61 weeks)
26 weeks - Calrec Audio Limited
61 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (34.3%)
23.5% - Calrec Audio Limited
34.3% - Industry AVG
CALREC AUDIO LIMITED financials
Calrec Audio Limited's latest turnover from March 2024 is £31.1 million and the company has net assets of £18.2 million. According to their latest financial statements, Calrec Audio Limited has 118 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 31,083,000 | 26,962,000 | 21,658,000 | 13,536,000 | 21,812,000 | 18,778,039 | 19,160,961 | 17,290,356 | 16,735,832 | 16,349,250 | 16,491,166 | 18,561,189 | 15,413,133 | 15,153,053 | 8,687,891 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 14,853,000 | 11,944,000 | 9,276,000 | 5,629,000 | 8,669,000 | 5,479,265 | 5,788,090 | 5,365,518 | 5,509,132 | 6,615,478 | 6,024,543 | 6,365,831 | 5,406,605 | 5,642,493 | 3,770,318 |
| Gross Profit | 16,230,000 | 15,018,000 | 12,382,000 | 7,907,000 | 13,143,000 | 13,298,774 | 13,372,871 | 11,924,838 | 11,226,700 | 9,733,772 | 10,466,623 | 12,195,358 | 10,006,528 | 9,510,560 | 4,917,573 |
| Admin Expenses | 7,798,000 | 7,421,000 | 6,111,000 | 6,766,000 | 7,141,000 | 6,927,471 | 6,632,091 | 8,854,094 | 8,453,283 | 8,722,256 | 7,920,095 | 9,226,787 | 10,137,099 | 6,654,440 | 4,161,320 |
| Operating Profit | 8,432,000 | 7,597,000 | 6,271,000 | 1,141,000 | 6,002,000 | 6,371,303 | 6,740,780 | 3,070,744 | 2,773,417 | 1,011,516 | 2,546,528 | 2,968,571 | -130,571 | 2,856,120 | 756,253 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 127,436 | 378,857 | 2,822 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 1,567,000 | 776,000 | 477,000 | 224,000 | 187,000 | 154,326 | 12,296 | 3,564 | 7,984 | 2,155 | 21,692 | 117,970 | 102,453 | 105,998 | 83,418 |
| Pre-Tax Profit | 9,999,000 | 8,373,000 | 6,748,000 | 1,194,000 | 6,189,000 | 6,398,193 | 6,208,747 | 1,849,678 | 2,640,122 | 958,319 | 2,577,236 | 3,029,742 | -5,522 | 2,927,342 | 833,285 |
| Tax | -449,000 | -773,000 | -23,000 | -195,000 | -480,000 | -282,007 | -1,045,313 | -431,655 | -497,686 | -142,676 | -71,484 | -33,627 | -85,850 | -66,595 | -138,498 |
| Profit After Tax | 9,550,000 | 7,600,000 | 6,725,000 | 999,000 | 5,709,000 | 6,116,186 | 5,163,434 | 1,418,023 | 2,142,436 | 815,643 | 2,505,752 | 2,996,115 | -91,372 | 2,860,747 | 694,787 |
| Dividends Paid | 18,932,000 | 0 | 11,000,000 | 0 | 3,638,000 | 0 | 0 | 0 | 0 | 0 | 15,861,832 | 0 | 0 | 0 | 0 |
| Retained Profit | -9,382,000 | 7,600,000 | -4,275,000 | 999,000 | 2,071,000 | 6,116,186 | 5,163,434 | 1,418,023 | 2,142,436 | 815,643 | -13,356,080 | 2,996,115 | -91,372 | 2,860,747 | 694,787 |
| Employee Costs | 6,054,000 | 5,754,000 | 5,322,000 | 6,174,000 | 6,156,000 | 5,330,526 | 5,315,795 | 5,226,945 | 4,933,856 | 5,119,289 | 5,515,971 | 5,099,917 | 4,846,435 | 3,548,454 | 3,134,117 |
| Number Of Employees | 118 | 112 | 114 | 117 | 125 | 125 | 125 | 132 | 132 | 154 | 157 | 148 | 139 | 132 | 95 |
| EBITDA* | 10,838,000 | 9,810,000 | 8,418,000 | 3,258,000 | 7,449,000 | 7,223,532 | 6,979,970 | 3,350,999 | 3,160,861 | 1,505,276 | 2,944,451 | 3,303,426 | 116,446 | 2,977,483 | 825,313 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 678,000 | 524,000 | 579,000 | 486,000 | 516,000 | 444,895 | 475,221 | 612,799 | 685,708 | 1,023,329 | 1,067,541 | 1,720,603 | 1,744,012 | 1,068,086 | 173,535 |
| Intangible Assets | 4,562,000 | 4,423,000 | 4,038,000 | 4,043,000 | 3,920,000 | 3,225,213 | 1,985,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 245,001 | 238,877 | 238,877 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 914,000 | 10,060,000 | 7,054,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,154,000 | 15,007,000 | 11,671,000 | 4,529,000 | 4,436,000 | 3,670,108 | 2,461,153 | 612,799 | 930,709 | 1,262,206 | 1,306,418 | 1,720,603 | 1,744,012 | 1,068,086 | 173,535 |
| Stock & work in progress | 8,943,000 | 11,560,000 | 7,809,000 | 4,103,000 | 4,890,000 | 4,469,969 | 3,457,247 | 2,332,480 | 2,550,005 | 2,607,882 | 4,426,526 | 3,128,801 | 2,624,664 | 2,983,015 | 2,086,332 |
| Trade Debtors | 3,841,000 | 5,567,000 | 6,087,000 | 3,929,000 | 4,327,000 | 3,255,020 | 3,334,585 | 3,573,859 | 2,789,874 | 1,353,469 | 1,235,423 | 1,961,463 | 2,034,615 | 1,601,969 | 1,006,729 |
| Group Debtors | 1,892,000 | 723,000 | 1,461,000 | 11,939,000 | 10,092,000 | 9,645,307 | 7,431,935 | 5,889,716 | 3,922,054 | 0 | 132,456 | 13,361,392 | 11,754,183 | 13,222,633 | 11,290,564 |
| Misc Debtors | 884,000 | 591,000 | 814,000 | 1,088,000 | 966,000 | 642,289 | 88,879 | 217,255 | 256,681 | 396,662 | 270,292 | 536,167 | 320,451 | 260,023 | 200,450 |
| Cash | 2,114,000 | 2,991,000 | 3,946,000 | 4,315,000 | 2,939,000 | 1,482,529 | 2,457,698 | 1,490,829 | 1,181,933 | 1,110,783 | 1,205,988 | 1,425,454 | 1,613,103 | 993,220 | 422,454 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,674,000 | 21,432,000 | 20,117,000 | 25,374,000 | 23,214,000 | 19,495,114 | 16,770,344 | 13,504,139 | 10,700,547 | 5,468,796 | 7,270,685 | 20,413,277 | 18,347,016 | 19,060,860 | 15,006,529 |
| total assets | 23,828,000 | 36,439,000 | 31,788,000 | 29,903,000 | 27,650,000 | 23,165,222 | 19,231,497 | 14,116,938 | 11,631,256 | 6,731,002 | 8,577,103 | 22,133,880 | 20,091,028 | 20,128,946 | 15,180,064 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,202,000 | 1,662,000 | 2,960,000 | 680,000 | 1,374,000 | 951,596 | 1,164,595 | 1,066,857 | 1,051,254 | 831,631 | 1,857,202 | 1,764,251 | 1,840,266 | 1,437,188 | 828,065 |
| Group/Directors Accounts | 101,000 | 154,000 | 544,000 | 147,000 | 221,000 | 209,540 | 221,255 | 73,122 | 0 | 53,563 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,874,000 | 6,326,000 | 7,276,000 | 4,189,000 | 3,671,000 | 2,294,346 | 4,455,081 | 4,918,819 | 3,939,885 | 1,348,127 | 2,872,274 | 2,896,071 | 3,806,946 | 4,203,989 | 2,760,032 |
| total current liabilities | 4,177,000 | 8,142,000 | 10,780,000 | 5,016,000 | 5,266,000 | 3,455,482 | 5,840,931 | 6,058,798 | 4,991,139 | 2,233,321 | 4,729,476 | 4,660,322 | 5,647,212 | 5,641,177 | 3,588,097 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,418,000 | 682,000 | 993,000 | 597,000 | 540,000 | 371,980 | 168,992 | 0 | 0 | 0 | 165,589 | 116,101 | 82,474 | 35,055 | 0 |
| total long term liabilities | 1,418,000 | 682,000 | 993,000 | 597,000 | 540,000 | 371,980 | 168,992 | 0 | 0 | 0 | 165,589 | 116,101 | 82,474 | 35,055 | 0 |
| total liabilities | 5,595,000 | 8,824,000 | 11,773,000 | 5,613,000 | 5,806,000 | 3,827,462 | 6,009,923 | 6,058,798 | 4,991,139 | 2,233,321 | 4,895,065 | 4,776,423 | 5,729,686 | 5,676,232 | 3,588,097 |
| net assets | 18,233,000 | 27,615,000 | 20,015,000 | 24,290,000 | 21,844,000 | 19,337,760 | 13,221,574 | 8,058,140 | 6,640,117 | 4,497,681 | 3,682,038 | 17,357,457 | 14,361,342 | 14,452,714 | 11,591,967 |
| total shareholders funds | 18,233,000 | 27,615,000 | 20,015,000 | 24,290,000 | 21,844,000 | 19,337,760 | 13,221,574 | 8,058,140 | 6,640,117 | 4,497,681 | 3,682,038 | 17,357,457 | 14,361,342 | 14,452,714 | 11,591,967 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 8,432,000 | 7,597,000 | 6,271,000 | 1,141,000 | 6,002,000 | 6,371,303 | 6,740,780 | 3,070,744 | 2,773,417 | 1,011,516 | 2,546,528 | 2,968,571 | -130,571 | 2,856,120 | 756,253 |
| Depreciation | 248,000 | 194,000 | 154,000 | 161,000 | 151,000 | 190,252 | 239,190 | 280,255 | 387,444 | 493,760 | 397,923 | 334,855 | 247,017 | 121,363 | 69,060 |
| Amortisation | 2,158,000 | 2,019,000 | 1,993,000 | 1,956,000 | 1,296,000 | 661,977 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -449,000 | -773,000 | -23,000 | -195,000 | -480,000 | -282,007 | -1,045,313 | -431,655 | -497,686 | -142,676 | -71,484 | -33,627 | -85,850 | -66,595 | -138,498 |
| Stock | -2,617,000 | 3,751,000 | 3,706,000 | -787,000 | 420,031 | 1,012,722 | 1,124,767 | -217,525 | -57,877 | -1,818,644 | 1,297,725 | 504,137 | -358,351 | 896,683 | 2,086,332 |
| Debtors | -9,410,000 | 1,525,000 | -1,540,000 | 1,571,000 | 1,842,384 | 2,687,217 | 1,174,569 | 2,712,221 | 5,218,478 | 111,960 | -14,220,851 | 1,749,773 | -975,376 | 2,586,882 | 12,497,743 |
| Creditors | -460,000 | -1,298,000 | 2,280,000 | -694,000 | 422,404 | -212,999 | 97,738 | 15,603 | 219,623 | -1,025,571 | 92,951 | -76,015 | 403,078 | 609,123 | 828,065 |
| Accruals and Deferred Income | -3,452,000 | -950,000 | 3,087,000 | 518,000 | 1,376,654 | -2,160,735 | -463,738 | 978,934 | 2,591,758 | -1,524,147 | -23,797 | -910,875 | -397,043 | 1,443,957 | 2,760,032 |
| Deferred Taxes & Provisions | 736,000 | -311,000 | 396,000 | 57,000 | 168,020 | 202,988 | 168,992 | 0 | 0 | -165,589 | 49,488 | 33,627 | 47,419 | 35,055 | 0 |
| Cash flow from operations | 19,240,000 | 1,202,000 | 11,992,000 | 2,160,000 | 6,673,663 | 1,070,840 | 3,438,313 | 1,419,185 | 313,955 | 353,977 | 15,914,735 | 62,626 | 1,417,777 | 1,515,458 | -10,309,163 |
| Investing Activities | |||||||||||||||
| capital expenditure | -152,589 | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -245,001 | 6,124 | 0 | 238,877 | 0 | 0 | 0 | 0 |
| cash flow from investments | -152,589 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -53,000 | -390,000 | 397,000 | -74,000 | 11,460 | -11,715 | 148,133 | 73,122 | -53,563 | 53,563 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,567,000 | 776,000 | 477,000 | 224,000 | 187,000 | 26,890 | -366,561 | 742 | 7,984 | 2,155 | 21,692 | 117,970 | 102,453 | 105,998 | 83,418 |
| cash flow from financing | 1,514,000 | 386,000 | 874,000 | 1,597,000 | 633,700 | 15,175 | -218,428 | 73,864 | -45,579 | 55,718 | -297,647 | 117,970 | 102,453 | 105,998 | 10,980,598 |
| cash and cash equivalents | |||||||||||||||
| cash | -877,000 | -955,000 | -369,000 | 1,376,000 | 1,456,471 | -975,169 | 966,869 | 308,896 | 71,150 | -95,205 | -219,466 | -187,649 | 619,883 | 570,766 | 422,454 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -877,000 | -955,000 | -369,000 | 1,376,000 | 1,456,471 | -975,169 | 966,869 | 308,896 | 71,150 | -95,205 | -219,466 | -187,649 | 619,883 | 570,766 | 422,454 |
calrec audio limited Credit Report and Business Information
Calrec Audio Limited Competitor Analysis
Perform a competitor analysis for calrec audio limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HX7 area or any other competitors across 12 key performance metrics.
calrec audio limited Ownership
CALREC AUDIO LIMITED group structure
Calrec Audio Limited has no subsidiary companies.
Ultimate parent company
2 parents
CALREC AUDIO LIMITED
02392336
calrec audio limited directors
Calrec Audio Limited currently has 3 directors. The longest serving directors include Mr Keith Edwards (Jun 2013) and Mr Henry Goodman (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Edwards | United Kingdom | 59 years | Jun 2013 | - | Director |
| Mr Henry Goodman | United Kingdom | 61 years | Mar 2014 | - | Director |
| Mr Nigel Beaumont | 63 years | Jan 2016 | - | Director |
P&L
March 2024turnover
31.1m
+15%
operating profit
8.4m
+11%
gross margin
52.3%
-6.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
18.2m
-0.34%
total assets
23.8m
-0.35%
cash
2.1m
-0.29%
net assets
Total assets minus all liabilities
calrec audio limited company details
company number
02392336
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
90020 - Support activities to performing arts
incorporation date
June 1989
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
slatershelfco 180 limited (July 1989)
accountant
-
auditor
KPMG LLP
address
nutclough mill ., valley road, hebden bridge, west yorkshire, HX7 8EZ
Bank
YORKSHIRE BANK PLC
Legal Advisor
-
calrec audio limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 14 charges/mortgages relating to calrec audio limited. Currently there are 1 open charges and 13 have been satisfied in the past.
calrec audio limited Capital Raised & Share Issues BETA
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calrec audio limited Companies House Filings - See Documents
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