Kelvin Powertools Limited in Glasgow, G3 7UL

Description

Data updated on: 01-11-2023

Kelvin Powertools started its operations in 1988 as a Private Limited Company under the following Company Registration No.: SC110003. The business has been operating for 36 years and the present status is active. This company's headquarters is located in Glasgow at Paxton House. You could also find this business by its area code of G3 7UL. This enterprise's SIC code is 82990 and their NACE code stands for Other business support service activities not elsewhere classified. The company's latest annual accounts describe the period up to 2022-12-31 and the most recent annual confirmation statement was submitted on 2022-11-23.

For this company, a number of director's duties have so far been done by Paul K., David J. and Christopher T.. Out of these three individuals, Paul K. has administered company for the longest period of time, having become a vital addition to directors' team three years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	163 659	186 452

Balance Sheet
Cash Bank In Hand	96 786	137 623
Cash Bank On Hand		137 623	144 759	222 057	196 438	328 796	1 200 481
Current Assets	511 885	531 274	683 955	866 855	1 176 769	1 393 791	2 103 790	311 833	261 833
Debtors	197 599	104 252	213 696	256 898	517 930	557 012	418 617
Net Assets Liabilities		186 452	235 347	327 676	424 892	566 621	981 762	91 000	91 000
Net Assets Liabilities Including Pension Asset Liability	163 659	186 452
Other Debtors		1 064	56 496	120 904	204 931	280 839	335 717
Property Plant Equipment		68 161	57 169	49 865	69 598	57 167	46 457
Stocks Inventory	217 500	289 399
Tangible Fixed Assets	68 019	68 161
Total Inventories		289 399	325 500	387 900	462 401	507 983	484 692

Capital & Reserves
Called Up Share Capital	91 000	91 000
Profit Loss Account Reserve	72 659	95 452
Shareholder Funds	163 659	186 452

Other Financial Data
Amount Specific Advance Or Credit Directors	12 586	14 854	15 065	5 896	2 569	17 305	5 853
Amount Specific Advance Or Credit Made In Period Directors		69 633	71 492	80 872	102 228	84 164	103 158
Amount Specific Advance Or Credit Repaid In Period Directors		71 901	71 703	71 703	98 901	98 900	80 000
Accrued Liabilities		19 110	21 750	25 978	21 376	84 016	66 906
Accumulated Depreciation Impairment Property Plant Equipment		223 157	239 788	254 006	217 536	234 223	247 633
Average Number Employees During Period			11	11	15	14	13	14
Bank Borrowings Overdrafts		181					250 000
Bank Overdrafts		181
Corporation Tax Payable		22 675	31 724	39 991	42 012	60 335	118 066
Creditors		41 892	19 646	4 400	25 074	17 249	251 830	220 833	170 833
Creditors Due After One Year	21 646	41 892
Creditors Due Within One Year	389 045	364 259
Deferred Tax Liabilities		6 832	5 563	4 888	8 924	7 236
Disposals Decrease In Depreciation Impairment Property Plant Equipment					57 062
Disposals Property Plant Equipment					72 160
Dividends Paid				72 500
Finance Lease Liabilities Present Value Total		20 072	8 734	4 400	25 074	17 249	1 830
Finance Lease Payments Owing Minimum Gross		14 465	12 776	9 140	9 485	9 461	2 127
Future Finance Charges On Finance Leases		4 547	1 443	1 177	4 856	3 197	1 264
Future Minimum Lease Payments Under Non-cancellable Operating Leases		40 000	44 244	44 244	44 244	44 244	44 244
Increase Decrease In Property Plant Equipment					45 143
Increase From Depreciation Charge For Year Property Plant Equipment			16 631	14 218	20 592	16 687	13 410
Net Current Assets Liabilities	122 840	167 015	203 387	287 099	389 292	533 939	1 193 353	311 833	261 833
Number Shares Allotted		91 000
Number Shares Issued Fully Paid				91 000	91 000	91 000	91 000
Other Creditors		4 052
Other Taxation Social Security Payable		5 413	5 896	10 146	11 349	12 638	13 812
Par Value Share		1		1	1	1	1
Prepayments Accrued Income		15 193	19 141	19 546	19 120	19 222	24 271
Profit Loss				164 829
Property Plant Equipment Gross Cost		291 318	296 957	303 871	287 134	291 390	294 090
Provisions		6 832	5 563	4 888	8 924	7 236
Provisions For Liabilities Balance Sheet Subtotal		6 832	5 563	4 888	8 924	7 236	6 218
Provisions For Liabilities Charges	5 554	6 832
Secured Debts	52 330	66 894
Share Capital Allotted Called Up Paid	91 000	91 000
Tangible Fixed Assets Cost Or Valuation	288 137	291 318
Tangible Fixed Assets Depreciation	220 118	223 157
Total Additions Including From Business Combinations Property Plant Equipment			5 639	6 914	55 423	4 256	2 700
Total Assets Less Current Liabilities	190 859	235 176	260 556	336 964	458 890	591 106	1 239 810	311 833	261 833
Total Borrowings		66 894	30 975	7 963
Trade Creditors Trade Payables		258 857	356 635	467 889	681 878	610 431	542 822
Trade Debtors Trade Receivables		87 995	138 059	116 448	293 879	256 951	52 776
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-1 688
Advances Credits Directors	12 586	14 854
Advances Credits Made In Period Directors	56 502
Advances Credits Repaid In Period Directors	56 868

Company staff

Paul K.

Role: Director

Appointed: 19 March 2021

Latest update: 7 April 2024

David J.

Role: Director

Appointed: 19 March 2021

Latest update: 7 April 2024

Christopher T.

Role: Director

Appointed: 19 March 2021

Latest update: 7 April 2024

Jennifer B.

Role: Secretary

Resigned: 19 March 2021

Latest update: 7 April 2024

John B.

Role: Director

Resigned: 19 March 2021

Latest update: 7 April 2024

Jennifer B.

Role: Director

Appointed: 30 October 2018

Resigned: 19 March 2021

Latest update: 7 April 2024

People with significant control

The companies with significant control over this firm include: United Tooling Solutions Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Exeter at Tiger Moth Road, Clyst Honiton, EX5 2FW and was registered as a PSC under the reg no 09845718.

United Tooling Solutions Limited

Address: C/O Troy (Uk) Limited Tiger Moth Road, Clyst Honiton, Exeter, EX5 2FW, England

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered England

Place registered Companies House

Registration number 09845718

Notified on 19 March 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Jennifer B.

Notified on 6 April 2016

Ceased on 19 March 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

John B.

Notified on 6 April 2016

Ceased on 19 March 2021

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	07 December 2023
Confirmation statement last made up date	23 November 2022

Annual Accounts 15 April 2016
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Date Approval Accounts	15 April 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020

Kelvin Powertools Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Paul K.

David J.

Christopher T.

Jennifer B.

John B.

Jennifer B.

People with significant control

United Tooling Solutions Limited

Jennifer B.

John B.

Accounts Documents

Company filings

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