Bowers Electricals Limited in Heanor, DE75 7GX

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www.bowerselec.co.uk

Description

Data updated on: 01-11-2023

Bowers Electricals is a firm located at DE75 7GX Heanor at Slack Lane. This business was established in 1985 and is registered under the identification number 01955004. This business has been present on the UK market for 39 years now and the current status is active. The firm's SIC and NACE codes are 33140 - Repair of electrical equipment. March 31, 2022 is the last time when the accounts were reported.

Bowers Electricals Ltd is a small-sized vehicle operator with the licence number OC0286441. The firm has one transport operating centre in the country. In their subsidiary in Heanor , 3 machines are available.

On 2017/09/12, the firm was recruiting a Health & Safety Officier to fill a full time vacancy in Heanor, Midlands. The offered job position required managerial experience and a professional qualification or accreditation.

The firm has registered four trademarks, all are valid. The first trademark was granted in 2013. The one which will expire sooner, i.e. in March, 2023 is UK00002654898.

In order to satisfy the clientele, the following firm is consistently directed by a group of five directors who are, amongst the rest, Kevin C., Michael P. and Michael B.. Their constant collaboration has been of pivotal use to this firm since 2023.

Trade marks

Trademark UK00002654898

Trademark image:
Status:	Registered
Filing date:	2013-03-05
Date of entry in register:	2013-06-21
Renewal date:	2023-03-05
Owner name:	Bowers Electricals Limited
Owner address:	Slack Lane, Heanor Gate Industrial Estate, Heanor, Derbyshire, United Kingdom, DE75 7GX

Trademark UK00002654896

Trademark image:
Status:	Registered
Filing date:	2013-03-05
Date of entry in register:	2013-06-21
Renewal date:	2023-03-05
Owner name:	Bowers Electricals Limited
Owner address:	Slack Lane, Heanor Gate Industrial Estate, Heanor, Derbyshire, United Kingdom, DE75 7GX

Trademark UK00002654897

Trademark image:
Status:	Registered
Filing date:	2013-03-05
Date of entry in register:	2013-06-21
Renewal date:	2023-03-05
Owner name:	Bowers Electricals Limited
Owner address:	Slack Lane, Heanor Gate Industrial Estate, Heanor, Derbyshire, United Kingdom, DE75 7GX

Trademark UK00003020227

Trademark image:
Status:	Registered
Filing date:	2013-08-30
Date of entry in register:	2013-11-29
Renewal date:	2023-08-30
Owner name:	Bowers Electricals Limited
Owner address:	Slack Lane, Heanor Gate Industrial Estate, Heanor, Derbyshire, United Kingdom, DE75 7GX

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2017-03-31	2018-03-31	2018-09-30	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	2 023 986	2 017 136

Balance Sheet
Cash Bank On Hand			2 481	350	815	112 239	129 044	3 277	197 053	14 563
Current Assets	2 511 169	2 759 808	3 009 993	2 137 208	3 123 481	3 124 161	3 517 764	3 318 605	3 570 127	4 374 205
Debtors	1 650 136	1 633 548	1 507 877	931 272	1 503 390	1 476 614	1 703 299	1 948 915	1 951 372	2 425 312
Net Assets Liabilities			1 652 459	1 387 204	1 455 954	1 785 846	1 676 776	1 639 748	1 643 401	1 787 478
Other Debtors	29 750	11 035	281 862	147 120	269 269	342 195	312 845	366 365	269 986	343 049
Property Plant Equipment			1 299 457	1 280 561	1 265 736	1 589 240	1 557 832	1 570 536	1 578 211	1 702 049
Total Inventories			1 499 635	1 205 586	1 619 276	1 535 307	1 685 421	1 366 413	1 421 702
Cash Bank In Hand	2 073	156 444
Intangible Fixed Assets	93 473	87 815
Stocks Inventory	858 960	969 816
Tangible Fixed Assets	1 182 442	1 158 384
Trade Debtors	994 951	1 214 366

Capital & Reserves
Called Up Share Capital	12 800	12 800
Profit Loss Account Reserve	1 146 660	1 232 810
Shareholder Funds	2 023 986	2 017 136

Other Financial Data
Accrued Liabilities Deferred Income						14 796	126 260	96 690	8 096	24 520
Accumulated Amortisation Impairment Intangible Assets			126 302	126 302	126 302	126 302	126 302	126 302	126 302
Accumulated Depreciation Impairment Property Plant Equipment			685 708	707 185	723 919	726 756	754 584	772 597	811 635	859 993
Additions Other Than Through Business Combinations Property Plant Equipment						16 713	10 719	50 486	49 663	172 196
Amounts Owed By Related Parties									24 000	96 096
Average Number Employees During Period						42	41	41	40	40
Bank Borrowings			238 295	159 678	128 019	301 835	427 613	501 982	565 781	519 954
Bank Borrowings Overdrafts			149 398	98 268	76 259	194 160	278 318	290 115	271 819	211 623
Bank Overdrafts	550 115	73 837	368 333	200 447	173 323
Corporation Tax Payable										12 736
Creditors			201 052	133 357	101 867	219 278	450 042	412 442	319 694	312 115
Finance Lease Liabilities Present Value Total			51 654	35 089	25 608	25 118	5 732	16 244	4 478	100 492
Future Minimum Lease Payments Under Non-cancellable Operating Leases					22 875	17 800			52 809	32 616
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income						324 695
Increase From Depreciation Charge For Year Property Plant Equipment				37 747	16 734	15 309	32 903	36 554	40 974	48 358
Intangible Assets Gross Cost			126 302	126 302	126 302	126 302	126 302	126 302	126 302
Loans From Group Undertakings Participating Interests						16 986	305 469	272 737	171 980	19 130
Net Current Assets Liabilities	833 010	1 177 670	640 558	326 504	369 871	493 670	699 882	610 056	510 793	576 544
Number Shares Issued Fully Paid				128 000	128 000
Other Creditors			65 958	499 595	1 593 718	1 107 248	797 120	607 928	695 063	621 671
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				16 270		7 533	5 075	18 541	1 936
Other Disposals Property Plant Equipment				29 359		15 067	14 299	19 769	2 950
Other Remaining Borrowings						16 986	165 992	106 083	43 397	19 130
Other Taxation Social Security Payable			173 646	76 701	53 664	129 184	175 182	165 484	123 644	232 334
Par Value Share		10		10	10
Payments On Account Inventories			-751 845	-692 349	-404 759	-235 391	-298 749	-205 511	-431 813	-766 661
Payments Received On Account						617 585	736 881	474 511	922 390	811 339
Property Plant Equipment Gross Cost			1 985 165	1 987 746	1 989 655	2 315 996	2 312 416	2 343 133	2 389 846	2 562 042
Provisions For Liabilities Balance Sheet Subtotal			86 504	86 504	77 786	77 786	130 896	128 402	125 909	179 000
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment						-4 939
Total Additions Including From Business Combinations Property Plant Equipment				31 940	1 909
Total Assets Less Current Liabilities	2 112 013	2 426 957	1 940 015	1 607 065	1 635 607	2 082 910	2 257 714	2 180 592	2 089 004	2 278 593
Total Borrowings			149 398	98 268	301 342	301 835	733 082	774 719	737 761	539 084
Total Increase Decrease From Revaluations Property Plant Equipment						324 695
Trade Creditors Trade Payables			1 672 601	972 551	881 145	1 286 384	678 038	967 917	875 829	1 724 267
Trade Debtors Trade Receivables			1 226 015	784 152	1 234 121	1 134 420	1 390 454	1 582 550	1 657 386	1 986 167
Total Fees To Auditors	20 750
Advances Credits Directors		7 281
Advances Credits Made In Period Directors		18 809
Company Contributions To Money Purchase Schemes Directors	18 000	12 000
Director Remuneration Benefits Including Payments To Third Parties	85 200	56 633
Accruals Deferred Income Within One Year	24 136	69 456
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge		14 112
Administrative Expenses	1 315 045	866 575
Amortisation Intangible Assets Expense	5 498	32 990
Amounts Owed To Subsidiaries Within One Year	3 088	3 088
Amounts Recoverable On Contracts	280 656	293 157
Corporation Tax Recoverable Current Asset	20 632	26 902
Creditors Due After One Year	88 027	409 821
Creditors Due Within One Year	1 678 159	1 582 138
Depreciation Tangible Fixed Assets Expense	65 263	40 783
Distribution Costs	667 307	427 265
Expenses Not Deductible For Tax Purposes	26 134	11 583
Finished Goods Goods For Resale	305 335	275 422
Fixed Assets	1 279 003	1 249 287
Foreign Currency Translation Gain Loss Recognised In Profit Loss	3 145
Historical Cost Depreciation Charge Less Actual Depreciation Charge Calculated On Revalued Amount	15 408	-9 072
Historical Cost Profit Loss For Period	-69 309	84 920
Income From Other Fixed Asset Investments	791
Increase Decrease In Net Cash For Period	527 699	676 599
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		14 112
Intangible Fixed Assets Additions		27 332
Intangible Fixed Assets Aggregate Amortisation Impairment	5 498	38 488
Intangible Fixed Assets Amortisation Charged In Period		32 990
Intangible Fixed Assets Cost Or Valuation	98 971	126 303
Interest Payable Similar Charges	13 586	24 871
Interest Receivable On Short-term Investments Loans Deposits	54	54
Investment Income- Net	791
Investments Fixed Assets	3 088	3 088
Loans From Directors	11 529
Net Assets Liability Excluding Pension Asset Liability	2 023 986	2 017 136
Net Debt Funds	648 069	370 562
Net Increase Decrease In Shareholders Funds	135 835	6 850
Number Shares Allotted		128 000
Obligations Under Finance Lease Hire Purchase Contracts After One Year	13 100	41 333
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	12 000	43 348
Operating Profit Loss	-86 651	25 809
Other Creditors Due Within One Year	2 670	5 599
Other Interest Receivable	14 675
Other Interest Receivable Similar Income	14 729	54
Other Taxation Social Security Within One Year	58 395	77 015
Payments Received On Account Within One Year	82 092	589 364
Pension Costs	40 316	29 153
Pensions Costs Defined Contribution Schemes	40 316	29 153
Percentage Subsidiary Held		100
Prepayments Accrued Income Current Asset	324 147	88 088
Profit Loss For Period	64 085	-6 850
Profit Loss On Ordinary Activities Before Tax	-84 717	992
Realisation Property Valuation Gains Prior Periods		93 000
Revaluation Reserve	864 526	771 526
Secured Debts	27 887	73 837
Share Capital Allotted Called Up Paid	12 800	12 800
Short-term Borrowing Charges Including Bank Interest	5 598	12 344
Staff Costs	1 642 847	1 093 225
Stocks Raw Materials Consumables	33 043	31 337
Tangible Fixed Assets Additions		187 783
Tangible Fixed Assets Cost Or Valuation	1 741 826	1 720 638
Tangible Fixed Assets Depreciation	559 384	562 254
Tangible Fixed Assets Depreciation Charged In Period	9 581	41 091
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		38 221
Tangible Fixed Assets Disposals		208 971
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	17 791	198
Tax On Profit Or Loss On Ordinary Activities	-20 632	7 842
Total Dividend Payment	44 700
Total Recognised Gain Loss For Period	-89 085	-6 850
Total U K Foreign Current Tax After Adjustments Relief	20 632	7 842
Trade Creditors Within One Year	934 134	720 431
Turnover Gross Operating Revenue	8 751 369	6 622 343
U K Current Corporation Tax	20 632	7 842
U K Current Corporation Tax On Income For Period	20 632	6 270
Utilisation Tax Losses	16 874
Wages Salaries	1 602 531	1 064 072
Work In Progress	692 922	763 535

The companies with significant control over this firm are: Bowers Group Of Companies Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Heanor at Slack Lane, Heanor Gate Industrial Estate, DE75 7GX, Derbyshire and was registered as a PSC under the reg no 10418346.

Bowers Group Of Companies Limited

Address: C/O Bowers Electricals Ltd Slack Lane, Heanor Gate Industrial Estate, Heanor, Derbyshire, DE75 7GX, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England

Place registered Registrar Of Companies (England And Wales)

Registration number 10418346

Notified on 8 February 2019

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Michael B.

Notified on 6 April 2016

Ceased on 8 February 2019

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

David B.

Notified on 6 April 2016

Ceased on 4 July 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	28 December 2023
Confirmation statement last made up date	14 December 2022

Annual Accounts 19 December 2012
Start Date For Period Covered By Report	2011-04-01
End Date For Period Covered By Report	2012-03-31
Date Approval Accounts	19 December 2012
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2018-09-30
Annual Accounts
Start Date For Period Covered By Report	2018-10-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Health & Safety Officier in Heanor, posted on Tuesday 12th September 2017
Region / City	Midlands, Heanor
Industry	Other manufacturing services
Job type	full time
Career level	managerial
Education level	a professional qualification or accreditation

Bowers Electricals Limited

General information

Name:

Office Address:

Contact information

Website

www.bowerselec.co.uk

Description

Trade marks

Trademark UK00002654898

Trademark UK00002654896

Trademark UK00002654897

Trademark UK00003020227

Financial data based on annual reports

Company staff

Kevin C.

Michael P.

Michael B.

David B.

Christine B.

Christine B.

Simon C.

Denis N.

Alan S.

Richard W.

People with significant control

Bowers Group Of Companies Limited

Michael B.

David B.

Accounts Documents

Company Vehicle Operator Data

Heanor Gate Road

City

Postal code

No. of Vehicles

Jobs and Vacancies at Bowers Electricals Ltd

Company filings

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