# NOVEL AUDIO LTD (10327884)

> NOVEL AUDIO LTD is an active private limited company (company number 10327884) incorporated on 12 August 2016, registered in London. Its registered activity is video production activities (SIC 59112). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£1.47m and cash of £108k, with 32 employees on average. Net assets fell 2119% on the prior period (−£66k).

- Status: Active
- Incorporated: 2016-08-12
- Registered office: London, EC2A 4HT
- SIC 59112: Video production activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-08-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 4,000 comparable companies in London (median £836, upper quartile £15k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£1.47m | £108k | — | — | — | — | 32 |
| 2024-03-31 | −£66k | £471k | — | — | — | — | 33 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,468,213 at 31 March 2025
- Net assets down 25% or more on the prior period: -2119.3% vs prior period
- Cash at bank of £50,000 or more: Cash £107,596
- Incorporated five or more years ago: Incorporated 12 August 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Vgc Partners I Lp (corporate-entity) — owns 75–100% of shares, since 2023-10-26

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10327884
HTML: https://firmoscan.com/company/10327884-novel-audio-ltd