Ist Power Limited in Leicestershire, LE2 8FN

Description

Data updated on: 01-11-2023

This particular firm is registered in Leicestershire with reg. no. 02614179. It was set up in the year 1991. The office of this firm is situated at 64-66 Percy Road Leicester. The zip code is LE2 8FN. The firm has a history in name changing. Up till now this firm had two different names. Up till 2017 this firm was prospering as Ist Power Products and up to that point the company name was Senate Holdings. This business's SIC and NACE codes are 27110 which stands for Manufacture of electric motors, generators and transformers. Friday 30th September 2022 is the last time when company accounts were reported.

Considering this company's constant expansion, it became vital to appoint more executives: Henry S. and Mark F. who have been working as a team for thirty three years for the benefit of this specific business. In order to help the directors in their tasks, this specific business has been utilizing the skills of Mark F. as a secretary since May 1991.

Previous company's names
Ist Power Limited 2017-09-26
Ist Power Products Limited 2007-03-13
Senate Holdings Limited 1991-05-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency
Net Worth	2 321 843	2 418 919	2 411 581	2 528 843

Balance Sheet
Cash Bank On Hand				338 445	242 156	428 709	706 349	342 446	1 325 513	984 201	1 409 905
Current Assets	3 278 864	3 763 140	4 649 359	4 228 438	5 327 144	4 903 669	4 899 764	4 627 161	5 308 037	5 922 502	7 454 744
Debtors	2 077 838	2 893 378	3 927 331	2 994 519	4 236 692	3 428 611	3 123 802	3 223 652	2 935 565	3 561 279	4 315 271
Net Assets Liabilities				2 528 843	2 591 424	2 811 285	3 223 484	3 731 265	4 149 133	4 696 551	6 292 421
Other Debtors	7 031	7 774	5 256	377 481	293 810	259 549	220 365	190 114	148 907	38 641	720
Property Plant Equipment				695 987	688 069	772 518	700 390	782 172	1 207 913	1 224 620	1 181 480
Total Inventories				895 474	848 296	1 046 349	1 069 613	1 061 063	1 046 959	1 377 022	1 729 568
Cash Bank In Hand	222 003	25 725	217 271	338 445
Stocks Inventory	979 023	844 037	504 757	895 474
Tangible Fixed Assets	749 029	703 492	646 965	695 987
Trade Debtors	1 256 230	1 937 375	3 020 937	1 593 336

Capital & Reserves
Called Up Share Capital	139	139	111	111
Profit Loss Account Reserve	2 208 050	2 305 126	2 297 788	2 415 050
Shareholder Funds	2 321 843	2 418 919	2 411 581	2 528 843

Other Financial Data
Audit Fees Expenses	12 000	12 000	12 000	12 000	12 000
Other Non-audit Services Fees				4 715	1 145
Taxation Compliance Services Fees				500	500
Accrued Liabilities Deferred Income				191 131	288 995	253 347	290 450	194 644	305 056	136 314	218 205
Accumulated Depreciation Impairment Property Plant Equipment				1 202 940	1 295 417	1 347 986	1 472 087	1 589 043	1 661 470	1 668 933	1 833 071
Additions Other Than Through Business Combinations Property Plant Equipment					106 528
Administrative Expenses	1 737 307	1 779 554	2 150 329	1 888 001	2 013 611	2 142 247	2 012 876	2 168 488	2 111 774	1 837 242	1 844 876
Amounts Owed To Group Undertakings				30 002	30 002	30 002	30 002	30 002	30 002	30 002	30 002
Amounts Recoverable On Contracts	657 562	711 882	712 170	866 734	1 094 423	529 226	604 954	618 033	699 846	817 005	1 017 590
Applicable Tax Rate				20	20	20	19	19	19	19	19
Average Number Employees During Period				90	89	84	90	89	87	94	94
Balances Amounts Owed By Related Parties				370 000	325 285
Balances Amounts Owed To Related Parties				30 002	30 002
Bank Borrowings				381 477	340 523	297 308	254 374
Bank Borrowings Overdrafts	15 910		381 463	341 720	298 966	253 751	254 374
Carrying Amount Financial Assets Which Do Not Qualify For Recognition				2 307 781	3 234 977
Carrying Amount Liabilities Associated With Financial Assets Which Do Not Qualify For Recognition				2 188 464	3 054 351
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				5 500	42 235
Cash Cash Equivalents Cash Flow Value				338 445	242 156			342 446
Corporation Tax Payable				107 786	178 985	150 179	157 241	113 691	132 000	159 478	535 305
Corporation Tax Recoverable				34 199
Cost Inventories Recognised As Expense Gross				4 404 255	5 536 778
Cost Sales	5 774 491	5 795 018	7 264 967	6 167 873	7 334 915	6 339 900	8 218 305	6 762 120	6 636 999	7 468 120	9 041 844
Creditors				1 984 392	328 348	369 045	62 350	163 888	126 063	174 994	124 639
Current Tax For Period				107 786	178 985	150 179	157 241	113 691	132 000	159 478	535 410
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				1 700	1 800
Depreciation Expense Property Plant Equipment				71 560	114 447	86 374	87 988	60 031	93 309	49 912	72 705
Distribution Costs	141 023	106 610	115 031	95 547	105 726	91 994	104 231	100 931	71 524	83 417	97 884
Dividends Paid				500 000	600 000	600 000	600 000	500 000	600 000	500 000	1 000 000
Dividends Paid Classified As Financing Activities				-500 000	-600 000	-600 000	-600 000	-500 000	-420 000
Finance Lease Liabilities Present Value Total				46 770	29 382	115 294	62 350	163 888	70 060	118 528	125 409
Finance Lease Payments Owing Minimum Gross				81 895	68 778
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				39 743	40 954
Further Item Tax Increase Decrease Component Adjusting Items				-1 207	1 800
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				26 419	-29 802	-52 678	76 855	-12 058	-9 293	156 483	460 464
Gain Loss On Disposals Property Plant Equipment				13 363	3 800	19 953	4 000	-19 323	5 307	36 000
Gross Profit Loss	2 108 442	1 887 279	3 136 044	2 698 711	3 272 926	3 333 647	3 186 543	3 385 467	3 209 073	3 134 893	5 085 885
Income Taxes Paid Refund Classified As Operating Activities				-47 881	-74 571	-178 985	-150 179	-139 069	-95 513
Increase Decrease In Current Tax From Adjustment For Prior Periods				-28 396	984			-18 172	-15	-18 754	-105
Increase From Depreciation Charge For Year Property Plant Equipment					114 447	132 894	145 501	137 768	132 914	146 153	164 138
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				14 179	14 305
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				3 364	2 595
Interest Payable Similar Charges Finance Costs				17 543	16 900	15 911	15 449	12 026	10 007	12 302	12 825
Interest Received Classified As Investing Activities				-732	-8 161
Interim Dividends Paid				500 000	600 000
Key Management Personnel Compensation Total				256 103	233 950
Net Cash Flows From Used In Financing Activities				923 401	475 667	1 189 421	1 152 843	464 331	964 867
Net Cash Flows From Used In Investing Activities				41 285	72 567	35 086	36 748	42 271	133 755
Net Cash Flows From Used In Operating Activities				-1 085 860	-451 945	-1 411 060	-1 467 231	-142 699	-2 081 689
Net Cash Generated From Operations				1 151 284	-543 416	-1 605 956	-1 632 859	-293 794	-2 157 318
Net Current Assets Liabilities	1 675 873	1 736 391	2 170 141	2 244 046	2 256 203	2 453 212	2 624 021	3 157 701	3 127 442	3 720 874	5 308 654
Net Finance Income Costs				732	8 161
Net Interest Paid Received Classified As Operating Activities				-17 543	-16 900
Operating Lease Payments Owing				60 000	62 000
Operating Profit Loss	230 112	1 115	870 684	715 163	1 153 589	1 099 406	1 069 436	1 116 048	1 055 666	1 214 234	3 143 125
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					21 970
Other Disposals Property Plant Equipment					21 970
Other Interest Receivable Similar Income Finance Income				732	8 161	7 445	8 630	5 421	94
Other Taxation Social Security Payable				76 632	53 445	60 704	75 237	72 266	55 124	61 728	68 594
Payments Finance Lease Liabilities Classified As Financing Activities				-32 948	-35 117	-49 106	-70 272	-60 316	-132 494
Payments Received On Account				35 144
Payments To Redeem Own Shares					-300 511
Payments To Related Parties				24 417	46 600	46 600	46 600	46 600
Pension Other Post-employment Benefit Costs Other Pension Costs				48 744	50 719	49 818	57 380	71 654	77 279	80 801	85 064
Prepayments Accrued Income				122 769	145 082	137 636	144 856	150 427	117 669	189 330	222 046
Proceeds From Sales Property Plant Equipment				-15 800	-3 800	-33 506	-4 000		-9 499
Profit Loss				617 262	963 081	919 861	912 199	1 007 781	1 017 867	1 047 418	2 595 870
Profit Loss On Ordinary Activities Before Tax	220 701	-15 275	841 978	698 352	1 144 850	1 090 940	1 062 617	1 109 443	1 165 292	1 201 932	3 130 300
Property Plant Equipment Gross Cost				1 898 928	1 983 486	2 120 504	2 172 477	2 371 215	2 869 383	2 893 553	3 014 551
Provisions For Liabilities Balance Sheet Subtotal				22 700	24 500	45 400	38 577	44 720	60 160	73 950	73 075
Purchase Property Plant Equipment				-57 817	-84 528	-76 037	-49 378	-47 692	-143 347
Raw Materials Consumables				895 474	848 296
Redemption Shares Decrease In Equity					300 500
Revenue From Sale Goods				8 866 584	10 607 841
Social Security Costs	213 022	211 827	234 386	226 149	238 644	240 142	244 406	244 410	242 587	259 049	290 890
Staff Costs Employee Benefits Expense				2 691 352	2 731 619	2 749 659	2 956 339	2 972 146	2 953 311	3 209 072	3 491 550
Taxation Including Deferred Taxation Balance Sheet Subtotal				22 700	24 500
Tax Expense Credit Applicable Tax Rate				228 970	228 970	212 733	201 897	210 794	221 405	228 367	594 757
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-34 451	-50 507
Tax Increase Decrease From Effect Capital Allowances Depreciation				1 225	-720	-94	10 233	-15 241	-11 568	12 059	-4 659
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				2 549	1 242	1 816	321	5 311	6 964	120	1 312
Tax Tax Credit On Profit Or Loss On Ordinary Activities				81 090	181 769	171 079	150 418	101 662	147 425	154 514	534 430
Total Assets Less Current Liabilities	2 424 902	2 439 883	2 817 106	2 940 033	2 944 272	3 225 730	3 324 411	3 939 873	4 335 356	4 945 495	6 490 135
Total Current Tax Expense Credit				79 390	179 969	150 179	157 241	95 519	131 985	140 724	535 305
Total Operating Lease Payments				95 746	105 100	106 400	105 898	111 692	62 600	62 425	62 763
Trade Creditors Trade Payables				1 468 164	1 474 021	1 343 748	1 391 949	679 649	1 311 675	1 348 059	1 087 196
Trade Debtors Trade Receivables				1 593 336	2 653 712	2 435 122	1 983 239	2 156 144	1 940 361	2 487 521	3 046 133
Turnover Revenue				8 866 584	10 607 841	9 673 547	11 404 848	10 147 587	9 846 072	10 603 013	14 127 729
Wages Salaries	2 291 663	2 271 929	2 575 371	2 416 459	2 442 256	2 459 699	2 654 553	2 656 082	2 633 445	2 869 222	3 115 596
Advances Credits Directors					480 000
Company Contributions To Defined Benefit Plans Directors				1 889	1 943
Director Remuneration				254 214	232 006	241 764	234 873	237 093	236 126	242 794	247 586
Number Directors Accruing Retirement Benefits				2	2
Company Contributions To Money Purchase Plans Directors					1 943	1 988	4 028	5 519	6 123	6 304	6 596
Number Directors Accruing Benefits Under Money Purchase Scheme					2	2	2	2	2	2	2
Additional Provisions Increase From New Provisions Recognised							-6 823	6 143	15 440	13 790	-875
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						20 900
Comprehensive Income Expense					662 592	919 861	912 199	1 007 781	1 017 867	1 047 418
Depreciation Amortisation Expense					114 447	132 894	145 500	137 767	132 914
Disposals Decrease In Depreciation Impairment Property Plant Equipment						80 325	21 400	20 812	74 675	138 690
Disposals Property Plant Equipment						93 878	21 400	40 135	78 867	138 690
Finished Goods						234 255	228 031	266 346	261 256	392 611	500 684
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					-300 489
Further Item Interest Expense Component Total Interest Expense					2 595	3 652	6 393	9 988	10 007	12 302	12 825
Further Item Interest Income Component Total Interest Income					8 115	7 445	8 630	5 421	94
Further Operating Expense Item Component Total Operating Expenses					5 536 778	4 571 437	6 252 784	4 803 827
Future Minimum Lease Payments Under Non-cancellable Operating Leases					62 000	62 000	62 000	65 000	48 750	65 000	68 750
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					508 374	-216 419	55 266	-802 933	755 860
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-1 276 372	808 081	389 921	-184 961	233 972
Gain Loss On Disposal Assets Income Statement Subtotal					3 800	19 953	4 000	-19 323	5 307
Income From Related Parties					233 949	243 752	238 900	242 612	242 249
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-96 289	186 553	277 640	-363 903	983 067
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					-47 178	198 053	23 264	-8 550	-14 104
Interest Expense On Bank Loans Similar Borrowings					14 305	12 259	9 056	2 038
Interest Paid Classified As Operating Activities					-16 900	-15 911	-15 449	-12 026	-10 007
Issue Equity Instruments					-11				1
Loans Owed By Related Parties					325 285	307 445	276 548	254 404	28 782	28 782	28 782
Loans Owed To Related Parties					-30 002	-30 002	-30 002	-30 002	-30 002	-30 002	-30 002
Net Interest Received Paid Classified As Investing Activities					-8 161	-7 445	-8 630	-5 421	-94
Number Shares Issued Fully Paid						10 000	10 000	10 000	10 080	10 080	10 080
Other Comprehensive Income Expense Net Tax					-300 489
Other Creditors					381 538	164 722	10 588	283 979	136 846	317 820	34 724
Other Deferred Tax Expense Credit					1 800	20 900	-6 823	6 143	15 440	13 790	-875
Par Value Share		1	1	1		1	1	1	1	1	1
Provisions					24 500	45 400	38 577	44 720	60 160	73 950	73 075
Raw Materials					848 296	812 094	841 582	794 717	785 703	984 411	1 228 884
Recoverable Value-added Tax							20 916	21 002
Repayments Borrowings Classified As Financing Activities					-40 954	-43 215	-42 934	-254 374
Total Additions Including From Business Combinations Property Plant Equipment						230 896	73 373	238 873	212 847	162 860	120 998
Total Borrowings					780 926	626 364	382 626	524 364	196 123
Amounts Owed By Group Undertakings									28 782	28 782	28 782
Cash Receipts From Government Grants									-29 891
Deferred Tax Liabilities									15 440	73 950	77 359
Fixed Assets								782 172	1 207 914	1 224 621	1 181 481
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities									29 891
Income From Shares In Group Undertakings									119 539
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment									14 188
Investments Fixed Assets									1	1	1
Investments In Group Undertakings									1	1	1
Nominal Value Shares Issued Specific Share Issue									1
Other Operating Income Format1									29 891
Percentage Class Share Held In Subsidiary									50	50	50
Proceeds From Issuing Shares									-1
Tax Decrease Increase From Effect Revenue Exempt From Taxation									22 712	11 488
Value-added Tax Payable										29 699	46 655
Fees For Non-audit Services	1 500	3 495	4 650	4 715
Taxation Services Fees	500	500	500	500
Total Fees To Auditors	14 000	15 995	17 150	17 215
Company Contributions To Money Purchase Schemes Directors	10 200	10 200	155	957
Director Remuneration Benefits Including Payments To Third Parties	100 537	102 608	125 178	127 559
Accruals Deferred Income Within One Year	171 585	102 971	343 450	191 131
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge	-1	-75 651
Amounts Owed To Subsidiaries Within One Year	30 002	30 002	30 002	30 002
Bank Overdrafts	25 444	15 431	39 757	39 757
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	12 318	12 318	14 929
Cash Flow Outflow Before Management Liquid Resources Financing	64 979	346 276	514 604
Cash Flow Outflow From Capital Expenditure Financial Investment		21 208	45 943
Cash Flow Outflow From Financing			323 058
Cash Flow Outflow From Management Liquid Resources			514 614
Cash Flow Outflow From Operating Activities	-345 009	269 551	589 253
Cash Flow Outflow From Returns On Investments Servicing Finance		16 390	28 706
Commitments Under Non-cancellable Operating Leases Land Buildings	-86 100	-110 025	-66 525	-60 000
Commitments Under Non-cancellable Operating Leases Other Items	-7 650	-352
Corporation Tax Due Within One Year	38 727		118 129	107 786
Corporation Tax Recoverable Current Asset		76 051	76 051	34 199
Creditors Due After One Year	66 359	20 964	384 525	388 490
Creditors Due Within One Year	1 602 991	2 026 749	2 479 218	1 984 392
Depreciation Tangible Fixed Assets Expense	87 862	101 308	100 337	100 236
Difference Between Accumulated Depreciation Amortisation Capital Allowances	36 700		21 000	22 700
Expenses Not Deductible For Tax Purposes	439	175	5 182
Foreign Currency Translation Gain Loss Recognised In Profit Loss	52 318	45 424	-65 949
Gain Loss From Disposal Tangible Fixed Assets	-4 479	-4 593	2 133
Increase Decrease In Net Cash For Period	144 696	196 278	191 546
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	-1	-75 651
Interest Payable Similar Charges	9 416	16 390	28 706
Interest Receivable On Short-term Investments Loans Deposits	5
Land Buildings Operating Leases Expiring Between Two Five Years		-60 000	-60 000
Land Buildings Operating Leases Expiring Within One Year	-86 100	-50 025	-6 525	-60 000
Loans From Directors	98 042
Net Assets Liability Excluding Pension Asset Liability	2 321 843	2 418 919	2 411 581	2 528 843
Net Debt Funds	3 795	380 041	575 624	124 927
Net Increase Decrease In Shareholders Funds		97 076	-7 310
New Finance Leases	-60 669	-29 970
Number Shares Allotted		13 900	11 100	11 100
Obligations Under Finance Lease Hire Purchase Contracts After One Year	50 449	20 964	3 062	46 770
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	50 202	50 913	17 903	35 125
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years		20 964	3 062
Other Creditors Due Within One Year	12 668	345	555	651
Other Differences Leading To An Increase Decrease In Tax Charge		919	4 716
Other Interest Receivable Similar Income	5
Other Operating Leases Expiring Between Two Five Years	-4 225
Other Operating Leases Expiring Within One Year	-3 425	-352
Other Reserves	113 654	113 654	113 682	113 682
Other Taxation Social Security Within One Year	61 520	120 969	173 899	76 632
Other Timing Differences Leading To Decrease Increase In Taxation		-919
Payments Received On Account Within One Year	85 236			35 144
Pension Costs	45 013	42 530	39 002
Pensions Costs Defined Contribution Schemes	29 917	29 512	25 984
Percentage Subsidiary Held		100	100	100
Prepayments Accrued Income Current Asset	157 015	160 296	112 917	122 769
Profit Loss For Period	173 775	97 076	702 849
Provisions Charged Credited To Profit Loss Account During Period		-36 700	21 000
Provisions For Liabilities Charges	36 700		21 000	22 700
Share Capital Allotted Called Up Paid	139	139	111	111
Staff Costs	2 549 698	2 526 286	2 848 030
Standard Nominal Tax Rate	20	20	20
Stocks Raw Materials Consumables	979 023	844 037	504 757	895 474
Tangible Fixed Assets Additions		55 778	45 943	28 091
Tangible Fixed Assets Cost Or Valuation	1 815 513	1 852 709	1 808 837	1 898 927
Tangible Fixed Assets Depreciation	1 066 484	1 149 217	1 161 872	1 202 940
Tangible Fixed Assets Depreciation Charged In Period	-6 627	101 308	100 337	-1 000
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		18 575	87 682	58 796
Tangible Fixed Assets Disposals		18 582	89 815	61 233
Taxation Expense Credit	132 916	39 127
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-44 140	3 055	-185 235
Tax On Profit Or Loss On Ordinary Activities	46 926	-112 351	139 129
Total Dividend Payment	109 984
Total U K Foreign Current Tax After Adjustments Relief	38 726	-75 651	118 129
Trade Creditors			1 404 813	1 468 164
Trade Creditors Within One Year		1 387 660	1 404 813
Turnover Gross Operating Revenue	7 882 933	7 682 297	10 401 011
U K Current Corporation Tax	-38 726	75 651	-118 129
U K Current Corporation Tax On Income For Period	38 727		118 129
U K Deferred Tax	-8 200	-36 700	21 000