Creative Powerhouse Partnership Ltd. in St. Albans, AL2 2DQ

Description

Data updated on: 01-11-2023

The firm is based in St. Albans registered with number: 06579645. This firm was registered in 2008. The headquarters of this company is situated at Parkbury Estate Handley Page Way Colney Street. The area code for this place is AL2 2DQ. Registered as Media Powerhouse Group, it used the business name until 2021, at which moment it got changed to Creative Powerhouse Partnership Ltd.. The firm's SIC code is 82990 which means Other business support service activities not elsewhere classified. 2022-12-31 is the last time when the accounts were reported.

As suggested by the following enterprise's directors directory, since 5th May 2023 there have been four directors to name just a few: Pardeep S., Alan M. and Rashid C.. Moreover, the director's responsibilities are constantly assisted with by a secretary - Rashid C., who was officially appointed by this specific company sixteen years ago.

Previous company's names
Creative Powerhouse Partnership Ltd. 2021-06-02
Media Powerhouse Group Limited 2008-04-29

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	11	2 267
Current Assets	60 011	87 152	59 867
Debtors	60 000	84 885	59 867
Other Debtors			-133
Total Inventories	297 786	259 720

Other Financial Data
Accrued Liabilities Deferred Income	821 297	16 750	1 285 880
Accumulated Amortisation Impairment Intangible Assets	40 781	64 084	87 287
Accumulated Depreciation Impairment Property Plant Equipment	3 526 933	4 104 198	3 451 061
Additions Other Than Through Business Combinations Property Plant Equipment		248 227	395 567
Administrative Expenses	6 370 929	4 937 325	4 331 022
Amounts Owed To Group Undertakings	114 593	143 992	119 116
Average Number Employees During Period		2	4
Bank Borrowings	803 479	1 559 377	1 393 395
Bank Borrowings Overdrafts	504 523	1 128 370	1 108 629
Cash Cash Equivalents	350 138	496 325	346 248
Comprehensive Income Expense	-1 251 631	-35 630	965 410
Corporation Tax Recoverable	185 534	68 578	283 333
Cost Sales	5 724 513	8 437 311	9 251 977
Creditors	154 167	169 308	130 025
Deferred Tax Asset Debtors	120 294	135 502	384 060
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-3 578	-158 616
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-190 761	-15 208	-101 551
Finance Lease Liabilities Present Value Total	100 350	47 150	200 234
Finance Lease Payments Owing Minimum Gross	282 061	115 306	110 559
Finished Goods Goods For Resale	297 786	259 720	335 482
Further Item Creditors Component Total Creditors	106 235	66 607
Further Item Tax Increase Decrease Component Adjusting Items	1 536	4 427	-101 551
Gain Loss On Disposals Intangible Assets	-667
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income			324 370
Government Grant Income	564 728	128 668
Gross Profit Loss	4 277 687	4 730 865
Income Taxes Paid Refund Classified As Operating Activities	-212 667	116 956
Income Tax Expense Credit On Components Other Comprehensive Income			81 093
Increase Decrease In Current Tax From Adjustment For Prior Periods	-3 578		-3 579
Increase From Amortisation Charge For Year Intangible Assets		23 303	23 203
Increase From Depreciation Charge For Year Property Plant Equipment		578 465	4 975
Intangible Assets	192 253	168 950	145 747
Intangible Assets Gross Cost	233 034	233 034
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	1 378	34 454
Interest Expense On Debt Securities In Issue Other Similar Loans	22 690	25 092	45 508
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	25 331	16 938
Interest Income On Bank Deposits	14	7	3
Interest Paid Classified As Financing Activities		-88 012
Interest Paid Classified As Operating Activities			-101 871
Interest Payable Similar Charges Finance Costs	59 182	88 012	101 871
Interest Received Classified As Investing Activities	-14	-7	-3
Investments Fixed Assets	165 678	165 678	165 680
Investments In Subsidiaries	165 678	165 678	165 680
Net Cash Generated From Operations	-1 176 021	101 230
Net Finance Income Costs	14	7	3
Operating Profit Loss	-1 386 802	37 167
Other Comprehensive Income Expense Before Tax			243 277
Other Creditors	75 474	87 400	81 502
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 200	658 112
Other Disposals Property Plant Equipment		1 200	663 220
Other Interest Receivable Similar Income Finance Income	14	7	3
Other Provisions Balance Sheet Subtotal	130 000	130 000	8 000
Pension Other Post-employment Benefit Costs Other Pension Costs	111 927	69 269	57 183
Percentage Class Share Held In Subsidiary		80
Prepayments Accrued Income	281 817	1 341 281	569 897
Profit Loss	12 000	12 000	722 133
Profit Loss On Ordinary Activities Before Tax	-1 445 970	-50 838
Property Plant Equipment Gross Cost	4 442 909	4 689 936	4 746 653
Social Security Costs		28 905
Staff Costs Employee Benefits Expense	4 815 937	243 017	240 499
Taxation Including Deferred Taxation Balance Sheet Subtotal			228 100
Tax Decrease From Utilisation Tax Losses			82 977
Tax Decrease Increase From Effect Revenue Exempt From Taxation	7 016		12 350
Tax Increase Decrease From Effect Capital Allowances Depreciation			-112 710
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 179	6 454	4 918
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			81 479
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-194 339	-15 208	-105 130
Total Borrowings	504 523	1 128 370	1 108 629
Total Increase Decrease From Revaluations Property Plant Equipment			324 370
Trade Creditors Trade Payables	1 107 663	1 487 348	35 485
Trade Debtors Trade Receivables	1 820 416	2 003 274	1 665 410
Turnover Revenue	10 002 200	13 168 176
Wages Salaries		214 111	210 540