Richer Sounds Limited

Richer Sounds Limited

Trading as: Richer Sounds
#01402643 Active
B2cPhysical Product

Richer Sounds is a leading retailer specializing in high-quality audio and visual equipment, offering expert advice and competitive pricing. They provide a wide range of products including TVs, Hi-Fi systems, and home cinema solutions, both in-store and online.

Founded: 29/11/1978
Industries: Retail sale of audio and video equipment in specialised stores
Location: Reigate

Products

  • Audio Accessories
  • Headphones
  • Hi-fi Systems
  • Home Cinema Equipment
  • Projectors

Services

  • Custom Installation
  • Delivery Services
  • Expert Advice

Financial Snapshot

Last accounts made up to 4 May 2024
Next accounts due 31 January 2026 (8 months)
Cash in Bank £5.62m
Turnover £145.83m
↓ -3%
EBITDA £7.5m
↑ 10%
Gross Profit £38.23m
↑ 1%
Total Liabilities £28.21m
↑ 9%
Employees 469
↓ -3%

Directors

Role:
Finance Director
Appointed:
07/08/2023
Nationality:
British
Age:
32 years
Role:
Managing Director
Appointed:
07/08/2023
Nationality:
British
Age:
47 years
Role:
Ceo
Appointed:
27/10/2020
Nationality:
British
Age:
59 years
Role:
Chairman
Appointed:
13/08/1991
Nationality:
British
Age:
59 years

People with Significant Control

Nature of Control:
Ownership Of Shares 50 To 75 Percent, Voting Rights 50 To 75 Percent, Right To Appoint And Remove Directors
Notified On:
25/07/2019
Nationality:
United Kingdom
Julian Richer
Nature of Control:
Ownership Of Shares 25 To 50 Percent, Voting Rights 25 To 50 Percent
Notified On:
13/08/2016
Nationality:
British
May 2024Apr 2023Apr 2022
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
3 shareholders available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

25 charges registered
Barclays Security Trustee Limited Outstanding
Created 06/01/2023

The freehold property known as (1) land to the south of greenside street, manchester, (2) unit 3, st...

#014026430037 Negative Pledge
Barclays Bank PLC Satisfied
Created 21/05/2019

(One) all and whole those subjects registered in the land register of scotland under title number MI...

#014026430036

Properties

79 properties
Regions
10
Freehold
19
Leasehold
60
WEST MIDLANDS

9 Station Road, Solihull (B91 3TG)

Leasehold B91 3TG
Added 19/04/2013 SOLIHULL
WEST MIDLANDS

2 Providence Square, Stoke-On-Trent

Leasehold
Added 15/07/2008 STOKE-ON-TRENT
WEST MIDLANDS

2a Providence Square, Stoke-On-Trent (ST1 2LQ)

Leasehold ST1 2LQ
Added 08/04/2019 STOKE-ON-TRENT
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

No grant information available

Group Structure

Government Council Contracts Beta

Total Council Spend
£98,811.89
Across 49 transactions
Contract Period
Aug 2012 - May 2024
6 councils
Average Per Council
£16,468.65
8 avg. transactions

Council Partners

East Riding Of Yorkshire Council
Glamorgan County Council
Gloucestershire County Council

Company Filings

01/04/2025 Persons With Significant Control

Change To A Person With Significant Control

11/12/2024 Officers

Termination Director Company With Name Termination Date

11/12/2024 Officers

Change Person Director Company With Change Date

05/12/2024 Accounts

Accounts With Accounts Type Full

16/08/2024 Confirmation Statement

Confirmation Statement With No Updates

14/12/2023 Accounts

Accounts With Accounts Type Full

14/08/2023 Confirmation Statement

Confirmation Statement With No Updates