1 2 AUDIO LTD

🌿Early-stageactive
15479510 · ltd · incorporated 2024-02-10
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-28

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2025-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-02-10
    🏢
    Company incorporated
    As 1 2 AUDIO LTD
  5. 2024-02-10
    DYER, Simon Oliver Roy appointed
    director
  6. 2024-02-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Simon Oliver Roy Dyer
Individual · British · DOB 05/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/02/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Technology · N postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
2324 CONSULTING LTD
15556999 · est 2024 · no financials extracted
2y
24/6 LIMITED
07894569 · est 2012 · no financials extracted
14y
247 TRADING LTD
15177147 · est 2023 · no financials extracted
2y
24M CONSULTING LIMITED
08587123 · est 2013 · no financials extracted
12y
252 WEB LTD
15391484 · est 2024 · no financials extracted
2y
28X LTD
15339330 · est 2023 · no financials extracted
2y
2B TRADING BV LTD
14590426 · est 2023 · no financials extracted
3y
2CHI CONSULTING LIMITED
15756108 · est 2024 · no financials extracted
1y
2CU PRODUCTIONS LTD
15494281 · est 2024 · no financials extracted
2y
2H MARKETING LTD
13676322 · est 2021 · no financials extracted
4y
2ND QUARTER PRODUCTIONS LTD
16583938 · est 2025 · no financials extracted
2UL LTD
16072411 · est 2024 · no financials extracted
1y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2024-02-10
Jurisdictionengland-wales
Primary SIC59200 — Sound recording and music publishing activities

Registered office

41a White Hart Lane
London
N22 5SL
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-23OVERDUE
Last: 2025-02-09

Officers (1 active · 0 resigned)

DYER, Simon Oliver Roy
director · ~50y · appointed 2024-02-10
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (5 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-06
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
incorporation-company
incorporation · NEWINC
2024-02-10