Powel Automation Limited in West Sussex, BN15 8TA

Description

Data updated on: 01-11-2023

Powel Automation Limited was set up as Private Limited Company, registered in Commerce Way, Lancing in West Sussex. The headquarters' located in BN15 8TA. The enterprise has been operating since 1971. The company's Companies House Reg No. is 01001982. The company's Standard Industrial Classification Code is 70229 and their NACE code stands for Management consultancy activities other than financial management. Powel Automation Ltd reported its latest accounts for the financial year up to March 31, 2022. The company's most recent confirmation statement was filed on March 18, 2023.

Sarah P. and William P. are the enterprise's directors and have been managing the firm since August 28, 2001.

William P. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	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	GBP	GBP	GBP
Net Worth	118 876	112 765	106 526	122 841	115 354	17 579

Balance Sheet
Cash Bank On Hand									8 984	2 217	24 982	3 012	905
Current Assets	127 956	132 733	134 688	132 448	119 105				24 010	9 689	27 314	3 937	1 951
Debtors	60 674	71 291	89 545	107 901	114 227	16 059			15 026	3 290	2 332	925	1 046
Net Assets Liabilities							18 157	20 925	17 747	4 724	8 126	-2 113	-3 361
Other Debtors	31 723	48 410	74 398	88 812	97 001				351
Property Plant Equipment									2 547	2 038	1 529	1 223	979
Total Inventories										4 182
Cash Bank In Hand	25 791	61 442	45 143	24 547	4 878	9 330
Net Assets Liabilities Including Pension Asset Liability	118 876	112 765
Stocks Inventory	41 491
Tangible Fixed Assets			2 472	2 562	3 873	1 040
Trade Debtors	28 141	21 829	13 132	17 510	14 186	12 633

Capital & Reserves
Called Up Share Capital	5 228	5 228	5 228	5 228	5 228	5 228
Profit Loss Account Reserve	111 076	104 965	98 726	115 041	107 554	12 351
Shareholder Funds	118 876	112 765	106 526	122 841	115 354	17 579

Other Financial Data
Version Production Software											2 021
Accrued Liabilities									1 109	1 800	1 000	1 000	1 000
Accumulated Depreciation Impairment Property Plant Equipment									2 106	2 615	3 124	3 430	3 674
Bank Borrowings											15 000
Creditors							-17 271	-12 656	-8 810	7 003	5 717	7 273	6 291
Increase From Depreciation Charge For Year Property Plant Equipment										509	509	306	244
Loans From Directors									229	3 894	3 710	5 791	4 624
Net Current Assets Liabilities	118 876	112 765	104 054	120 279	111 481	-8 850	-17 271	18 751	15 200	2 686	21 597	-3 336	-4 340
Property Plant Equipment Gross Cost									4 653	4 653	4 653	4 653	4 653
Recoverable Value-added Tax									2 286				224
Taxation Social Security Payable									1 996	1 196	997	229	225
Total Assets Less Current Liabilities	118 876	112 765	106 526	122 841	115 354	16 539	18 157	20 925	17 747	4 724	23 126	-2 113
Trade Creditors Trade Payables									5 476	113	10	253	442
Trade Debtors Trade Receivables									12 389	3 290	2 332	925	822
Creditors Due Within One Year		19 968	30 634	12 169	7 624	8 850
Creditors Due Within One Year Total Current Liabilities	9 080	19 968
Debtors Due Within One Year					2 199	2 199
Net Proceeds From Issue Shares Other Equity Instruments Excluding Shares Issued To Minority Interests		5 228	5 228	5 228	5 228
Number Shares Allotted			5 228	5 228	5 228	5 228
Other Creditors Due Within One Year	980	980
Par Value Share			1	1	1	1
Prepayments Accrued Income Current Asset	810	1 052
Revaluation Reserve	2 000	2 000	2 000	2 000	2 000
Share Capital Allotted Called Up Paid		5 228	5 228	5 228	5 228	5 228
Share Premium Account	572	572	572	572	572
Tangible Fixed Assets Additions		0	3 090	730	2 588	1 300
Tangible Fixed Assets Cost Or Valuation	0	0	3 090	3 820	6 408
Tangible Fixed Assets Depreciation	0	0	618	1 258	2 535	260
Tangible Fixed Assets Depreciation Charged In Period			618	640	1 277	260
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						-2 535
Tangible Fixed Assets Disposals		0				6 408
Taxation Social Security Due Within One Year		11 033
Trade Creditors Within One Year	8 100	7 955
V A T Current Asset		1 052	2 015	1 579	841	1 227