Controlling party
The company is 100% owned by Clarion Communication Holdings Limited. The Honourable Ben Bradbury is a director of the company and of Clarion Communication Holdings Limited. The Honourable Ben Bradbury is the majority shareholder of Clarion Communication Holdings.
The company was under the control of the director, The Honourable Ben Bradbury, throughout the period.
Intercompany transactions and loans
During the year the following transactions took place with Clarion Communication Management Limited and Clarion Communication Information Technology Limited, companies which are 100% owned by Clarion Communication Holdings Limited and in which The Honourable Ben Bradbury is also the ultimate controlling party:
At 31 March 2021, £194,547 (2020: £308,099) was owed by Clarion Communication Systems Limited to Clarion Communication Management Limited.
At 31 March 2021, £44,371 (2020: £39,338) was owed by Clarion Communication Systems Limited to Clarion Communication Information Technology Limited.
During the period under review Clarion Communication Information Technology Limited charged Clarion Communication Systems Limited £11,500 (2020: £4,500) for Information Technology services for it and its customers.
During the period under review Clarion Communication Systems Limited charged Clarion Communication Information Technology Limited £nil (2020: £10,000) for management fees.
During the period under review Clarion Communication Management Limited charged Clarion Communication Systems Limited £72,000 (2020: £72,000) for management fees.