HUGHES TV AND AUDIO LIMITED

Active
Company number 00695682Private limited companyIncorporated 1961

Key figures

£12,543,175-9.8%
Net assets 2024/25
-9.8%
Average annual change 2023/24–2024/25
05 m10 m15 m2023/242024/25

† HUGHES TV AND AUDIO LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 47540

Where the company stands among the 2,005 active companies whose first SIC code is 47540 (Retail sale of electrical household appliances in specialised stores).

Turnover£132,831,001
Higher than 92% · median £11,193,000 among 33 that publish turnover
Net assets£12,543,175
Higher than 99% · median £20,910
Total assets£45,451,794
Higher than 99% · median £103,847
Cash£2,490,341
Higher than 96% · median £38,072
Employees548
Higher than 99% · median 2
Company age65.4 years
Older than 97% · median 8.5 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,005. The line on each bar marks the median.

Summary: HUGHES TV AND AUDIO LIMITED

What kind of company is it?

HUGHES TV AND AUDIO LIMITED is a private limited company registered with Companies House under company number 00695682. It was incorporated on 15 Jun 1961. Its status is active. The registered office is in Beccles (NR34). Its nature of business (SIC 2007) is retail sale of electrical household appliances in specialised stores (47540), renting and leasing of other personal and household goods (77299).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £132,831,001. Loss for the year was £1,356,142. Net assets were £12,543,175, down 9.8% on the previous year. Cash at bank and in hand was £2,490,341. Total assets were £45,451,794 and total liabilities £32,778,124. The company had an average of 548 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 2,005 active companies whose first SIC code is 47540: By turnover it ranks higher than 92% of the 33 that publish turnover (median £11,193,000). By net assets it ranks higher than 99% of them (median £20,910). By total assets it ranks higher than 99% of them (median £103,847). By cash it ranks higher than 96% of them (median £38,072). By number of employees it ranks higher than 99% of them (median 2). It is older than 97% of them (median age 8.5 years).

Does it supply the public sector?

The company is named as a supplier in 8 public contract award notices from 6 public sector buyers since 2017. Contracts awarded to it alone have a combined published value of £403.2k. Its most frequent buyer is Flagship Housing Group (2 contracts). 5 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly machinery, electrical equipment, iron and steel articles. In its latest payment practices report it took an average of 34 days to pay suppliers, and 1% of invoices were not paid within agreed terms. Its gender pay gap report for 2026/27 shows median hourly pay for women 2.5% lower than for men. It has modern slavery statements on the government registry for 4 years.

Who runs and controls the company?

2 persons with significant control are registered. 2 of 5 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 10 Jan 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover125,113,948132,831,001
Profit for the year592,541-1,356,142
Cash at bank and in hand2,287,0492,490,341
Total assets44,756,95345,451,794
Total liabilities30,697,11432,778,124
Net assets / total equity13,899,31712,543,175
Average number of employees547548

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

8 contracts

HUGHES TV AND AUDIO LIMITED is named as a supplier in 8 public contract award notices from 6 public sector buyers since 2017. The 2 contracts awarded to it alone with a published value add up to £403.2k. 5 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers6
Flagship Housing Group
2 contracts · £403.2k
Norfolk County Council
2 contracts
Espo
1 contract
Leicestershire County Council, trading as ESPO
1 contract
NORSE CARE LIMITED
1 contract
Contracts
  1. 205_26 Electrical Goods and AccessoriesLeicestershire County Council, trading as ESPO · shared by 4 suppliers, up to £10,000,000 in total · runs until Mar 2028
  2. Domestic Appliances for Hopestead - Award Notice‡Flagship Housing Group · £370,380
  3. Provision of Domestic Furniture & Appliances‡Flagship Housing Group · £32,839
  4. Norfolk Assistance Scheme Framework Agreement‡Norfolk County Council · shared by 4 suppliers, up to £2,500,000 in total
  5. Norfolk Assistance Scheme Framework Agreement - AWARD‡Norfolk County Council · shared by 4 suppliers, up to £2,500,000 in total
Show 3 more
  1. Domestic and Commercial Appliances‡Procurement for Housing · shared by 4 suppliers, up to £30,000,000 in total
  2. Invitation to Tender for the Provision of Support & Maintenance Services for Commercial Washing Machines & DryersNORSE CARE LIMITED
  3. 24_17 Commercial and Industrial Laundry Equipment‡Espo · shared by 9 suppliers

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Payment practices1 Apr 2024 – 30 Sep 2024
Average time taken to pay invoices
34 days
Invoices not paid within agreed terms
1%
Standard payment terms
7–90 days
Member of a payment code
No
  • Within 30 days 43%
  • 31 to 60 days 54%
  • After 60 days 3%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
30 Sep 2023
7
42%
2%
31 Mar 2023
31
45%
2%
30 Sep 2022
34
41%
1%
31 Mar 2022
35
37%
0%
30 Sep 2021
29
40%
0%
31 Mar 2021
34
41%
1%
30 Sep 2020
35
36%
0%

View the latest report on GOV.UK

Gender pay gap2026/27
Median hourly pay
women 2.5% lower
Mean hourly pay
women 3.1% lower
Median bonus pay
women 21% lower
Employer size
250 to 499 employees
Lower pay quarter15.3% womenLower middle23% womenUpper middle16% womenUpper pay quarter9% women
Earlier years (9)
Year
Median hourly pay
Mean hourly pay
2025/26
women 4.7% lower
women 3.2% lower
2024/25
women 1% lower
women 2.4% lower
2023/24
women 1.7% higher
women 2.4% lower
2022/23
women 1.2% higher
women 2.9% lower
2021/22
women 13.1% higher
women 4% higher
2020/21
women 2.6% higher
women 0.6% higher
2019/20
women 1.3% lower
women 2.4% lower
2018/19
women 3.6% lower
women 8.4% lower
2017/18
women 21.2% lower
women 9% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements4
2025
Statement · summary on GOV.UK · group statement (HUGHES ELECTRICAL LIMITED)
2024
Statement · summary on GOV.UK · group statement (HUGHES ELECTRICAL LIMITED)
2023
Statement · summary on GOV.UK · group statement (HUGHES ELECTRICAL LIMITED)
Earlier years (1)
2021
Statement · summary on GOV.UK · group statement (HUGHES ELECTRICAL LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment and iron and steel articles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £132.8m, net assets £12.5m, 548 employees
  2. Financial year 2023/24 endedAccounts: turnover £125.1m, net assets £13.9m, 547 employees
  3. Mr Robert John Hughes registered as a person with significant control
  4. Hughes Electrical Limited registered as a person with significant control
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.