Ajay Shirke is a British businessman and the chairman (among other things) of Cadence Audio SA which owns the businesses of Audio Lounge Ltd and also includes British-based Spendor Audio Systems, Siltech and Crystal Cable BV from the Netherlands.[1] As of August 2016 Ajay Shirke purchased SME Limited, a company that manufactures precision turntables and pick-up arms[2] as well as precision engineering parts for Formula One and the aerospace industry. In April 2018, Mr Shirke finalised the acquisition of the iconic Garrard turntable brand and also Loricraft Audio who for many years were the sole authorised service department for existing Garrard turntables. A major part of the Loricraft Audio business is the manufacture of the Professional Record Cleaning (PRC) range of record cleaning machines. These acquisitions are seen by industry observers, to further his commitment to preserve and promote the heritage of traditional British Hi-Fi brands.[citation needed]