The Guitar, Amp & Keyboard Centre Limited in East Sussex, BN27 1DW

Description

Data updated on: 01-11-2023

The Guitar, Amp & Keyboard Centre Limited with reg. no. 05663326 has been operating on the market for 19 years. This Private Limited Company is officially located at 30-34 North Street, Hailsham, East Sussex and its post code is BN27 1DW. This enterprise's declared SIC number is 47789 and their NACE code stands for Other retail sale of new goods in specialised stores (not commercial art galleries and opticians). 2022-09-30 is the last time when company accounts were reported.

4 transactions have been registered in 2015 with a sum total of £3,231. In 2014 there were less transactions (exactly 2) that added up to £2,839. The Council conducted 4 transactions in 2013, this added up to £1,055. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 14 transactions and issued invoices for £9,524. Cooperation with the Brighton & Hove City council covered the following areas: Equip't Furniture N Materials, Communications N Computing and Miscellaneous Expenses.

The data at our disposal detailing the company's MDs indicates a leadership of four directors: Marc R., Jon J., Max M. and Ian S. who became members of the Management Board on 2022-04-28, 2021-09-03 and 2016-01-22.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	246 873	119 323	675 395	601 273	303 036	18 666
Current Assets	5 362 741	5 472 990	6 438 135	6 093 934	6 281 044	5 770 415
Debtors	1 304 921	1 273 383	560 640	513 113	509 901	937 651
Net Assets Liabilities	1 864 575	1 965 395	1 860 870	1 906 834	2 098 336	2 110 972
Other Debtors	5 000				128	2 807
Property Plant Equipment	6 053	82 026	73 252	55 930	42 811	37 119
Total Inventories	3 810 947	4 080 284	5 202 100	4 979 548	5 468 107	4 814 098

Other Financial Data
Audit Fees Expenses					15 750	15 763
Director Remuneration	194 790	196 600	145 252	150 998	150 168	194 612
Accrued Liabilities	23 250	23 250		6 083	24 899	43 795
Accumulated Amortisation Impairment Intangible Assets	750 000	750 000	750 000	750 000	750 000
Accumulated Depreciation Impairment Property Plant Equipment	16 352	35 351	55 528	72 850	85 969	85 008
Administrative Expenses	2 893 750	3 023 048	2 739 394	2 955 181	3 018 083	2 538 155
Amounts Owed By Group Undertakings	888 507	967 063	45 340	94 440	94 440	574 783
Amounts Owed To Directors	185 613	104 572	86
Amounts Owed To Group Undertakings			586 639	230 917	933 229	261 477
Applicable Tax Rate	19	19	19	19	19	19
Bank Borrowings	177 500	143 613	122 637	18 396
Bank Borrowings Overdrafts	143 614	109 727	104 241	95 043	185 745	276 069
Bank Overdrafts	249 567	291 700	240 536	153 599	185 745	276 069
Cash Cash Equivalents Cash Flow Value	-2 694	-172 377	434 859	447 674	117 291	-257 403
Comprehensive Income Expense	307 703	226 820	52 835	306 964	357 922	12 636
Corporation Tax Payable		24 882		102 239	87 104	66 401
Cost Sales	16 773 608	17 225 018	18 782 368	23 205 668	26 503 621	21 451 818
Creditors	143 614	109 727	104 241	95 043	4 215 242	3 687 708
Depreciation Amortisation Expense	2 235	18 999	20 177	17 322	13 120	10 965
Depreciation Expense Property Plant Equipment	2 235	18 999	20 177	17 322	13 119	10 965
Dividends Paid	164 488	126 000	157 360	261 000	166 420
Dividends Paid Classified As Financing Activities	-164 488	-126 000	-157 360	-261 000	-166 420
Dividends Paid On Shares Interim	164 488	126 000	157 360	261 000	166 420
Fixed Assets	6 053	82 026	73 252	55 930	42 811	37 119
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	109 413	78 557	-1 508 363	404 822	-19 714	1 152 095
Further Operating Expense Item Component Total Operating Expenses	15 750	15 750	15 750	16 240	11 813
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	630 046	133 315	675 765	-67 762	-623 693	69 597
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-109 870	110 094	-208 980	98 161	1 678	52 593
Gross Profit Loss	3 205 099	3 250 868	2 741 434	3 332 551	3 447 118	1 684 003
Income Taxes Paid Refund Classified As Operating Activities		24 882			-102 239	-20 703
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-116 170	-169 683	607 236	12 815	-330 383	-374 694
Increase Decrease In Current Tax From Adjustment For Prior Periods			-24 882
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	434 110	269 337	1 121 816	-222 552	488 559	-654 009
Increase From Depreciation Charge For Year Property Plant Equipment		18 999	20 177	17 322	13 119	10 965
Intangible Assets Gross Cost	750 000	750 000	750 000	750 000	750 000
Interest Expense On Bank Overdrafts	5 534	5 536	5 490	4 302	1 985	2 493
Interest Paid Classified As Operating Activities	-5 534	-5 536	-5 490	-4 302	-3 473	-3 923
Interest Payable Similar Charges Finance Costs	5 534	5 536	5 490	4 302	3 473	3 923
Merchandise	3 810 947	4 080 284	5 202 100	4 979 548	5 468 107	4 814 098
Net Cash Flows From Used In Financing Activities	512 174	319 484	-1 225 540	635 621	-443 700	1 147 095
Net Cash Flows From Used In Investing Activities	-119	94 898	10 816	-810	-48	5 195
Net Cash Flows From Used In Operating Activities	-395 885	-244 699	607 488	-647 626	774 131	-777 596
Net Cash Generated From Operations	-401 419	-225 353	601 998	-651 928	668 419	-802 222
Net Current Assets Liabilities	2 002 136	1 993 096	1 891 859	1 955 926	2 065 802	2 082 707
Net Interest Received Paid Classified As Investing Activities	-119	-74	-587	-810	-48	-78
Number Shares Issued Fully Paid		100	100	100	100	100
Operating Profit Loss	313 118	232 282	32 856	422 674	448 749	15 058
Other Creditors	75 396	14 580	22 081	4 616	5 833	1 162
Other Interest Receivable Similar Income Finance Income	119	74	587	810	48	78
Other Operating Income Format1	1 769	4 462	30 816	45 304	19 714	869 210
Other Taxation Social Security Payable	40 807	37 997	44 576	42 944	47 090	56 593
Par Value Share		1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	11 766	18 411	22 601	26 303	27 635	29 984
Prepayments	58 337	50 728	179 453	156 080	152 064	130 247
Profit Loss	307 703	226 820	52 835	306 964	357 922	12 636
Profit Loss On Ordinary Activities Before Tax	307 703	226 820	27 953	419 182	445 324	11 213
Property Plant Equipment Gross Cost	22 405	117 377	128 780	128 780	128 780	122 127
Purchase Property Plant Equipment		-94 972	-11 403			-5 273
Repayments Borrowings Classified As Financing Activities	-33 886	-33 886	-20 977	-9 198	-113 438
Social Security Costs	24 628	24 789	17 662	18 335	18 991	24 052
Staff Costs Employee Benefits Expense	1 661 704	1 692 924	1 512 829	1 584 173	1 658 190	1 737 890
Tax Expense Credit Applicable Tax Rate	59 999	43 096	5 311	79 645	84 612	2 130
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	786			19 303
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-24 882	112 218	87 402	-1 423
Total Additions Including From Business Combinations Property Plant Equipment		94 972	11 403			5 273
Total Assets Less Current Liabilities	2 008 189	2 075 122	1 965 111	2 011 856	2 108 613	2 119 826
Total Borrowings	283 453	325 586	258 932	171 995	185 745
Total Operating Lease Payments	193 196	202 882	186 550	194 050	194 871	181 886
Trade Creditors Trade Payables	2 517 133	2 735 457	3 452 015	2 747 780	2 458 238	2 652 573
Trade Debtors Trade Receivables	353 077	255 592	335 847	261 059	263 269	229 814
Turnover Revenue	19 978 707	20 475 886	21 523 802	26 538 219	29 950 739	23 135 821
Value-added Tax Payable	234 953	213 570	181 947
Wages Salaries	1 625 310	1 649 724	1 472 566	1 539 535	1 611 564	1 683 854
Additional Provisions Increase From New Provisions Recognised				9 979	298	-1 423
Average Number Employees During Period			59	59	59	63
Cash Receipts From Government Grants				-41 019	-19 714
Current Tax For Period				102 239	87 104
Deferred Tax Liabilities				9 979	10 277	8 854
Disposals Decrease In Depreciation Impairment Property Plant Equipment						11 926
Disposals Property Plant Equipment						11 926
Further Item Interest Expense Component Total Interest Expense					90	1 430
Future Minimum Lease Payments Under Non-cancellable Operating Leases			75 000	77 080	136 747	110 080
Interest Expense On Bank Loans Similar Borrowings					1 398
Other Deferred Tax Expense Credit				9 979	298	-1 423
Provisions				9 979	10 277	8 854
Provisions For Liabilities Balance Sheet Subtotal				9 979	10 277	8 854
Tax Increase Decrease From Effect Capital Allowances Depreciation			1 667	3 291	2 492	781
Total Current Tax Expense Credit			-24 882	102 239