BASICALLY SOUND LIMITED

Company number 05816156 · Active

BASICALLY SOUND LIMITED is a private limited company registered in NORWICH, United Kingdom, incorporated on 15 May 2006. Its registered activity is retail sale of audio and video equipment in specialised stores. Its latest published accounts for the period ending 31 Aug 2025 show equity of £225k, total assets of £315k. It has filed 7 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Region5.8×NR · 0.67 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05816156 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
15 May 2006 (20 years)
Registered address
NR9 4BT NORWICH
Postcode area
Norwich
Activity
47430 Retail sale of audio and video equipment in specialised stores
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202515 Feb 2026– –£225k£315k £72k–3
31 Aug 202415 Apr 2025– –£227k£326k £68k–3
31 Aug 202315 Apr 2024– –£238k£342k £87k–3
31 Aug 202215 Apr 2023– –£195k£298k £75k–3
31 Aug 202115 Mar 2022– –£182k£301k £81k–3
31 Aug 202015 Apr 2021– –£149k£275k £76k–3
31 Aug 201915 Feb 2020– –£134k£200k £66k––

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Norwich

Questions about BASICALLY SOUND LIMITED

What is the company number of BASICALLY SOUND LIMITED?

BASICALLY SOUND LIMITED is registered under company number 05816156 in the official register of United Kingdom. View it at the official register.

Is BASICALLY SOUND LIMITED still active?

Yes. BASICALLY SOUND LIMITED is registered as active (status: Active).

Has BASICALLY SOUND LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for BASICALLY SOUND LIMITED in the official data.

How likely is BASICALLY SOUND LIMITED to become insolvent?

Our model estimates a 0.01 % probability that BASICALLY SOUND LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was BASICALLY SOUND LIMITED founded?

BASICALLY SOUND LIMITED was incorporated on 15 May 2006.

Where is BASICALLY SOUND LIMITED registered?

BASICALLY SOUND LIMITED's registered address is in NR9 4BT NORWICH (Norwich), United Kingdom.

What do the latest accounts of BASICALLY SOUND LIMITED show?

The latest published accounts (period ending 31 Aug 2025) show equity of £225k, total assets of £315k, 3 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.