Two Skies Ltd in Burntisland, KY3 9YG

Description

Data updated on: 01-11-2023

2014 signifies the establishment of Two Skies Ltd, the firm located at Craigencalt Farm, Kinghorn in Burntisland. That would make 10 years Two Skies has prospered in the UK, as the company was established on 2014-02-14. The Companies House Registration Number is SC469973 and the postal code is KY3 9YG. This firm's classified under the NACE and SIC code 32120, that means Manufacture of jewellery and related articles. The most recent annual accounts cover the period up to Fri, 31st Mar 2023 and the most recent annual confirmation statement was submitted on Tue, 14th Feb 2023.

In order to be able to match the demands of the clientele, the business is continually controlled by a unit of two directors who are Dorothy M. and Adam M.. Their mutual commitment has been of pivotal importance to the following business since 2014-02-14.

Executives who control the firm include: Dorothy M. has substantial control or influence over the company. Adam M. owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	100	56 984

Balance Sheet
Cash Bank On Hand		30 583	18 413	124 121	15 891	12 479	64 955	115 704	99 336
Current Assets	100	278 530	322 714	428 729	271 997	295 902	346 297	352 166	325 919
Debtors	100	34 529	37 301	42 462	35 618	25 633	41 805	48 440	54 075
Net Assets Liabilities		56 984	136 688	237 385	337 374	340 634	321 178	348 838	386 030
Other Debtors		5 981	9 803	10 081		19 616	39 255	36 539	48 113
Property Plant Equipment		21 201	40 671	33 303	872 841	892 741	890 975	886 026	914 656
Total Inventories		213 418	267 000	262 146	220 488	257 790	239 537	188 022	172 508
Cash Bank In Hand		30 583
Intangible Fixed Assets		7 220
Net Assets Liabilities Including Pension Asset Liability	100	56 984
Stocks Inventory		213 418
Tangible Fixed Assets		21 201

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve		56 884
Shareholder Funds	100	56 984

Other Financial Data
Accrued Liabilities		4 245	7 548	7 829	4 229	6 004
Accumulated Amortisation Impairment Intangible Assets		380	760	1 140	1 520	1 900	2 280	2 660	3 040
Accumulated Depreciation Impairment Property Plant Equipment		5 726	13 531	23 843	29 772	38 429	47 566	56 448	59 287
Additions Other Than Through Business Combinations Property Plant Equipment			27 687		867 124	28 557	7 371	3 933	57 159
Average Number Employees During Period		11	11	11	12	14	-9	-10	-10
Bank Borrowings					455 692	467 628
Bank Borrowings Overdrafts					56 129	15 097	54 878	56 129	55 095
Carrying Amount Property Plant Equipment With Restricted Title						21 944
Corporation Tax Payable		13 936	24 405
Creditors		249 967	232 053	230 063	136 129	133 140	189 814	233 496	239 727
Deferred Income					525	380
Deferred Tax Liabilities				1 044	223	4 262
Disposals Decrease In Depreciation Impairment Property Plant Equipment									11 239
Disposals Property Plant Equipment									25 690
Finance Lease Liabilities Present Value Total						4 725
Finished Goods Goods For Resale		213 418	267 000	262 146	220 488	257 790
Fixed Assets		28 421	47 511	39 763	878 921	898 441	896 295	890 966	919 216
Future Minimum Lease Payments Under Non-cancellable Operating Leases		18 000	54 000	36 000	18 000	90 000
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss					-821	4 039
Increase From Amortisation Charge For Year Intangible Assets			380		380	380	380	380	380
Increase From Depreciation Charge For Year Property Plant Equipment			7 886		10 793	8 657	9 137	8 882	14 078
Intangible Assets		7 220	6 840	6 460	6 080	5 700	5 320	4 940	4 560
Intangible Assets Gross Cost		7 600	7 600	7 600	7 600	7 600	7 600	7 600	7 600
Loans From Directors		231 699	189 976	174 566	16 628	63 972
Net Current Assets Liabilities	100	28 563	90 661	198 666	135 868	162 762	156 483	118 670	86 192
Nominal Value Allotted Share Capital		10	10	10	10	10
Number Shares Allotted	100	10	10		10	10
Other Creditors			7 869	7 903	18 369	91 616	106 639	135 544	134 288
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			81		4 864
Other Disposals Property Plant Equipment			412		21 657
Other Taxation Social Security Payable		87	2 255
Par Value Share	1	1	1		1	1
Prepayments Accrued Income		12 132	15 926	15 826	16 599	16 477
Property Plant Equipment Gross Cost		26 927	54 202	57 146	902 613	931 170	938 541	942 474	973 943
Provisions For Liabilities Balance Sheet Subtotal						4 262			5 804
Taxation Including Deferred Taxation Balance Sheet Subtotal			1 484	1 044	223	4 262
Taxation Social Security Payable				36 044	38 633	13 334	7 462	18 072	11 524
Total Assets Less Current Liabilities		56 984	138 172	238 429	1 014 789	1 061 203
Trade Creditors Trade Payables				3 721	16 616	13 093	20 835	23 751	38 820
Trade Debtors Trade Receivables		16 416	11 572	16 555	19 019	6 017	2 550	11 901	5 962
Creditors Due Within One Year		249 967
Intangible Fixed Assets Additions		7 600
Intangible Fixed Assets Aggregate Amortisation Impairment		380
Intangible Fixed Assets Amortisation Charged In Period		380
Intangible Fixed Assets Cost Or Valuation		7 600
Number Shares Allotted Increase Decrease During Period		10
Called Up Share Capital Not Paid Not Expressed As Current Asset	100
Share Capital Allotted Called Up Paid	100	10
Tangible Fixed Assets Additions		27 070
Tangible Fixed Assets Cost Or Valuation		26 927
Tangible Fixed Assets Depreciation		5 726
Tangible Fixed Assets Depreciation Charged In Period		5 738
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		12
Tangible Fixed Assets Disposals		143
Value Shares Allotted Increase Decrease During Period		10

Company staff

Dorothy M.

Role: Director

Appointed: 14 February 2014

Latest update: 30 March 2024

Adam M.

Role: Director

Appointed: 14 February 2014

Latest update: 30 March 2024

People with significant control

Dorothy M.

Notified on 1 January 2020

Nature of control:

substantial control or influence

Adam M.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Richard B.

Notified on 6 April 2016

Ceased on 7 December 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	28 February 2024
Confirmation statement last made up date	14 February 2023

Annual Accounts 12 October 2015
Start Date For Period Covered By Report	2014-02-14
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	12 October 2015
Annual Accounts
Start Date For Period Covered By Report	1 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	1 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	1 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	1 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	1 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	1 April 2022
End Date For Period Covered By Report	31 March 2023
Annual Accounts 30 December 2016
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	30 December 2016

Two Skies Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dorothy M.

Adam M.

Richard B.

People with significant control

Dorothy M.

Adam M.

Richard B.

Accounts Documents

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