Clear Audio Systems Ltd in Glenrothes, KY6 2PJ

Description

Data updated on: 01-06-2021

This Clear Audio Systems Ltd firm has been operating in this business field for 28 years, having launched in 1993. Registered under the number SC144490, Clear Audio Systems was set up as a Private Limited Company with office in Unit 5, Suite 3, Glenrothes KY6 2PJ. Started as Claude Systems, the firm used the business name until 2014, when it was replaced by Clear Audio Systems Ltd. The firm's declared SIC number is 26400, that means Manufacture of consumer electronics. Clear Audio Systems Limited filed its latest accounts for the financial year up to 2019-12-31. Its most recent annual confirmation statement was submitted on 2021-05-20.

As the data suggests, the following limited company was formed in May 1993 and has so far been presided over by twelve directors, out of whom two (Martin M. and Thomas M.) are still a part of the company.

Tom M. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares .

Previous company's names
Clear Audio Systems Ltd 2014-05-28
Claude Systems Limited 1993-05-20

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2012-12-31	2013-12-30	2014-12-30	2015-12-30	2016-12-30	2017-12-31	2018-12-31	2019-12-31
Currency
Net Worth	16 592	4 486	-49 245	-43 017	21 604

Balance Sheet
Cash Bank In Hand	39 865	9 681	13 547	9 219	6 788
Cash Bank On Hand					6 788	17 534	20 208	38 411	25 071
Current Assets	116 411	80 032	61 752	42 988	71 506	60 562	75 023	102 253	90 125
Debtors	42 092	43 997	21 777	13 028	42 698	27 648	25 594	41 076	27 932
Net Assets Liabilities					21 604	30 555	40 534	46 216	36 556
Net Assets Liabilities Including Pension Asset Liability	16 592	4 486	-49 245	-43 017	21 604
Property Plant Equipment					6 130	9 858	6 348	4 073	2 199
Stocks Inventory	34 454	26 354	26 428	20 741	22 020
Tangible Fixed Assets	1 156	8 705	4 744	3 733	6 130
Total Inventories					22 020	15 380	29 221	22 766	37 122

Capital & Reserves
Called Up Share Capital	36 000	36 000	36 000	36 000	46 000
Profit Loss Account Reserve	-19 408	-31 514	-85 245	-79 017	-24 396
Shareholder Funds	16 592	4 486	-49 245	-43 017	21 604

Other Financial Data
Accrued Liabilities Deferred Income							1 455	2 250	1 815
Accumulated Amortisation Impairment Intangible Assets							4 104	9 219	14 997
Accumulated Depreciation Impairment Property Plant Equipment					7 579	11 680	15 515	17 790	19 664
Average Number Employees During Period						2	2	2
Corporation Tax Payable							11 793	6 984	3 746
Creditors					24 067	18 719	8 023	38 876	2 674
Creditors Due After One Year	50 363	47 885	67 758	77 558	24 067
Creditors Due Within One Year	51 610	36 366	47 983	12 180	30 938
Disposals Decrease In Depreciation Impairment Property Plant Equipment						274
Disposals Property Plant Equipment						829
Fixed Assets	2 154	8 705			6 130	24 395	25 456	20 438	19 266
Future Minimum Lease Payments Under Non-cancellable Operating Leases							9 000	9 000	9 000
Increase From Amortisation Charge For Year Intangible Assets							4 104	5 115	5 778
Increase From Depreciation Charge For Year Property Plant Equipment						4 375	3 835	2 275	1 874
Intangible Assets						14 537	19 108	16 365	17 067
Intangible Assets Gross Cost						14 537	23 212	25 584	32 064
Long-term Borrowings Book Value			13 371	8 023	2 674
Net Current Assets Liabilities	64 801	43 666	13 769	30 808	40 568	26 851	29 671	65 428	20 382
Number Shares Allotted		30 000	30 000	30 000	40 000
Number Shares Issued Fully Paid						40 000	30 000	30 000	16 250
Other Creditors							331	1 504	1 783
Other Remaining Borrowings							5 348	12 645	35 873
Par Value Share		1	1	1	1	1	1	1	1
Prepayments Accrued Income							1 150		950
Property Plant Equipment Gross Cost					13 709	21 538	21 863	21 863
Provisions For Liabilities Balance Sheet Subtotal					1 027	1 972	1 222	774	418
Provisions For Liabilities Charges					1 027
Share Capital Allotted Called Up Paid	30 000	30 000	30 000	30 000	40 000
Tangible Fixed Assets Additions		7 852	300	1 037	5 690
Tangible Fixed Assets Cost Or Valuation	1 445	9 297	7 097	8 019	13 709
Tangible Fixed Assets Depreciation	289	592	2 353	4 286	7 579
Tangible Fixed Assets Depreciation Charged In Period		303	1 761	1 971	3 293
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				38
Tangible Fixed Assets Disposals			2 500	115
Total Additions Including From Business Combinations Intangible Assets						14 537	8 675	2 372	6 480
Total Additions Including From Business Combinations Property Plant Equipment						8 658	325
Total Assets Less Current Liabilities	66 955	52 371	18 513	34 541	46 698	51 246	55 127	85 866	39 648
Total Borrowings							5 348	12 645
Trade Creditors Trade Payables							22 884	7 062	26 526
Trade Debtors Trade Receivables							24 444	41 076	26 941
Advances Credits Directors		17 994	10 000	22 648
Advances Credits Repaid In Period Directors		17 994	10 000	12 648
Bank Borrowings								12 645	2 674
Recoverable Value-added Tax									41
Investments Fixed Assets	998

Company staff

Martin M.

Role: Secretary

Appointed: 02 June 2014

Latest update: 29 April 2021

Martin M.

Role: Director

Appointed: 01 February 2012

Latest update: 29 April 2021

Thomas M.

Role: Director

Appointed: 14 November 2008

Latest update: 29 April 2021

Kim R.

Role: Director

Appointed: 14 November 2008

Resigned: 27 October 2011

Latest update: 29 April 2021

Michael E.

Role: Director

Appointed: 14 November 2008

Resigned: 28 October 2011

Latest update: 29 April 2021

Martin W.

Role: Director

Appointed: 14 November 2008

Resigned: 01 March 2014

Latest update: 29 April 2021

Lindsay W.

Role: Secretary

Appointed: 14 March 2008

Resigned: 01 March 2014

Latest update: 29 April 2021

Anne M.

Role: Secretary

Appointed: 29 February 2008

Resigned: 22 December 2008

Latest update: 29 April 2021

Lindsay W.

Role: Director

Appointed: 29 February 2008

Resigned: 15 April 2014

Latest update: 29 April 2021

Mary G.

Role: Director

Appointed: 14 January 2003

Resigned: 14 March 2008

Latest update: 29 April 2021

John D.

Role: Secretary

Appointed: 26 April 1996

Resigned: 14 March 2008

Latest update: 29 April 2021

John D.

Role: Director

Appointed: 18 October 1995

Resigned: 14 March 2008

Latest update: 29 April 2021

Alan E.

Role: Director

Appointed: 15 July 1993

Resigned: 21 October 1994

Latest update: 29 April 2021

Cathel M.

Role: Director

Appointed: 15 July 1993

Resigned: 06 January 2003

Latest update: 29 April 2021

David G.

Role: Director

Appointed: 15 July 1993

Resigned: 20 April 2002

Latest update: 29 April 2021

Thomas M.

Role: Director

Appointed: 20 May 1993

Resigned: 18 May 2001

Latest update: 29 April 2021

Cathel M.

Role: Secretary

Appointed: 20 May 1993

Resigned: 26 April 1996

Latest update: 29 April 2021

People with significant control

Tom M.

Notified on 20 May 2017

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	30 September 2021
Account last made up date	31 December 2019
Confirmation statement next due date	03 June 2022
Confirmation statement last made up date	20 May 2021

Annual Accounts 28 June 2013
Start Date For Period Covered By Report	2012-02-01
End Date For Period Covered By Report	2012-12-31
Date Approval Accounts	28 June 2013
Annual Accounts 19 December 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	30 December 2013
Date Approval Accounts	19 December 2014
Annual Accounts 29 September 2015
Start Date For Period Covered By Report	31 December 2013
End Date For Period Covered By Report	30 December 2014
Date Approval Accounts	29 September 2015
Annual Accounts 30 September 2016
Start Date For Period Covered By Report	31 December 2014
End Date For Period Covered By Report	30 December 2015
Date Approval Accounts	30 September 2016
Annual Accounts
Start Date For Period Covered By Report	31 December 2015
End Date For Period Covered By Report	30 December 2016
Annual Accounts
Start Date For Period Covered By Report	31 December 2016
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019

Clear Audio Systems Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Martin M.

Martin M.

Thomas M.

Kim R.

Michael E.

Martin W.

Lindsay W.

Anne M.

Lindsay W.

Mary G.

John D.

John D.

Alan E.

Cathel M.

David G.

Thomas M.

Cathel M.

People with significant control

Tom M.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

Accountant/Auditor, 2014 - 2015

Name:

Address:

Post code:

City / Town:

Accountant/Auditor, 2013

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest companies

HQ address,
2013

HQ address,
2014

HQ address,
2015

Accountant/Auditor,
2014 - 2015

Accountant/Auditor,
2013