Powerfleet Systems Ltd in Salisbury, SP1 2DN

Description

Data updated on: 01-11-2023

Powerfleet Systems Ltd with reg. no. 04001259 has been competing in the field for 24 years. The Private Limited Company is located at 10 St. Ann Street, in Salisbury and its zip code is SP1 2DN. This company changed its name three times. Until 2019 the company has provided the services it specializes in as I.d. Systems ( Uk) but at this moment the company is registered under the business name Powerfleet Systems Ltd. The enterprise's Standard Industrial Classification Code is 27900 and has the NACE code: Manufacture of other electrical equipment. Powerfleet Systems Limited reported its latest accounts for the period that ended on 2021-12-31. The firm's most recent annual confirmation statement was released on 2023-05-24.

At present, the limited company is the workplace of a solitary director: Lindsay J., who was appointed one year ago. Since 2009 Ned M., had been supervising the limited company up until the resignation on February 1, 2023. Additionally another director, specifically Jeffrey J. quit in 2014.

Previous company's names
Powerfleet Systems Ltd 2019-10-25
I.d. Systems ( Uk) Ltd 2011-07-05
Didbox Limited 2006-05-17
Linktech Engineering Limited 2000-05-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency
Net Worth	-166 482	-228 378	-488 099	-771 587

Balance Sheet
Cash Bank In Hand	125 638	126 285	535 907	244 060
Cash Bank On Hand				244 060	163 557	373 288	351 978	337 059	314 326	331 237
Current Assets	463 869	1 036 336	898 272	433 866	374 786	490 431	419 257	460 201	376 627	406 872
Debtors	278 290	895 662	338 245	182 434	197 829	97 771	20 975	111 855	54 545	50 149
Other Debtors				64 748	27 521	23 712	945	15 348	13 887	17 767
Property Plant Equipment				1 202	732	311
Stocks Inventory	59 941	14 389	24 120	7 372
Tangible Fixed Assets	2 523	2 600	1 876	1 202
Total Inventories				7 372	13 400	19 372	46 304	11 287	7 756	25 486
Net Assets Liabilities									-1 412 087	-1 525 817

Capital & Reserves
Called Up Share Capital	176	176	176	176
Profit Loss Account Reserve	-166 658	-228 554	-488 275	-771 763
Shareholder Funds	-166 482	-228 378	-488 099	-771 587

Other Financial Data
Audit Fees Expenses			3 600	3 600
Accumulated Depreciation Impairment Property Plant Equipment				7 462	7 932	8 353
Administrative Expenses	243 838	420 550	313 453	374 684
Amounts Owed By Group Undertakings				5 493	57 260	733
Amounts Owed By Group Undertakings Other Participating Interests Within One Year			3 864	5 493
Amounts Owed To Group Undertakings				1 176 288	1 536 284	1 595 671	1 787 404	1 755 062	1 743 981	1 875 580
Amounts Owed To Group Undertakings Other Participating Interests Within One Year			1 327 355	1 176 288
Average Number Employees During Period				4	4	4	3	5	8	8
Balances Amounts Owed By Related Parties					-1 386 138
Bank Borrowings Overdrafts		219 000
Cost Sales	508 206	625 555	186 723	170 450
Creditors				1 206 655	1 576 229	1 615 592	1 803 425	1 799 597	1 788 714	14 677
Creditors Due Within One Year	632 874	1 267 314	1 388 247	1 206 655
Debtors Due Within One Year	278 290	895 662	210 022	117 686
Depreciation Tangible Fixed Assets Expense	1 148	801	724	674
Disposals Decrease In Depreciation Impairment Property Plant Equipment							8 353
Disposals Property Plant Equipment							8 664
Foreign Exchange Gain Loss Recognised In Profit Loss	5 471	26 082	-41 865	-74 456
Gross Profit Loss	205 987	382 519	83 027	127 159
Increase From Depreciation Charge For Year Property Plant Equipment					470	421
Interest Payable Similar Charges	17 883	23 865	29 295	35 963
Net Current Assets Liabilities	-169 005	-230 978	-489 975	-772 789	-1 201 443	-1 125 161	-1 384 168	-1 339 396	-1 412 087	-1 511 140
Number Shares Allotted		176	176	176
Operating Leases Expiring Between Two Five Years			10 992	10 771
Operating Profit Loss	-37 851	-38 031	-230 426	-247 525
Other Creditors				9 808	28 595	10 801	10 847	18 539	19 601	14 677
Other Creditors Due Within One Year	293 720	131 607	39 502	9 808
Other Taxation Social Security Payable				6 898	10 127	5 506	1 238	20 365	20 858	4 994
Par Value Share		1	1	1
Profit Loss For Period	-55 734	-61 896	-259 721	-283 488
Profit Loss On Ordinary Activities Before Tax	-55 734	-61 896	-259 721	-283 488
Property Plant Equipment Gross Cost				8 664	8 664	8 664
Share Capital Allotted Called Up Paid	176	176	176	176
Tangible Fixed Assets Additions		878
Tangible Fixed Assets Cost Or Valuation	7 786	8 664	8 664
Tangible Fixed Assets Depreciation	5 263	6 064	6 788	7 462
Tangible Fixed Assets Depreciation Charged In Period		801	724	674
Taxation Social Security Due Within One Year	8 488	42 302	15 237	6 898
Total Assets Less Current Liabilities	-166 482	-228 378	-488 099	-771 587	-1 200 711	-1 124 850	-1 384 168	-1 339 396	-1 412 087	-1 511 140
Trade Creditors Trade Payables				13 661	1 223	3 614	3 936	5 631	4 274	-2 869
Trade Creditors Within One Year	330 666	874 405	6 153	13 661
Trade Debtors Trade Receivables				57 698	74 039	73 326	20 030	96 507	40 658	32 382
Turnover Gross Operating Revenue	714 193	1 008 074	269 750	297 609