Powells Limited in Eastleigh, SO50 9PD

Description

Data updated on: 01-11-2023

Registered as 01948833 39 years ago, Powells Limited was set up as a Private Limited Company. The business latest office address is Fleming Court, Leigh Road Eastleigh. The company now known as Powells Limited was known as Powells Shopfitting Services until 2008-07-04 when the name was replaced. The firm's principal business activity number is 43210 and their NACE code stands for Electrical installation. Powells Ltd reported its latest accounts for the period that ended on 2022-12-31. The business most recent annual confirmation statement was filed on 2023-05-13.

We have a group of seven directors managing this specific business now, specifically Karl L., Christopher P., Greg W. and 4 other directors who might be found below who have been carrying out the directors duties since January 2024. To find professional help with legal documentation, the abovementioned business has been using the skills of Graham T. as a secretary for the last 21 years.

Previous company's names
Powells Limited 2008-07-04
Powells Shopfitting Services Limited 1985-09-20

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	5 908 407	3 128 928	2 296 335	2 401 188	3 000 994
Current Assets	9 309 574	8 336 266	4 196 420	5 567 235	7 504 766
Debtors	3 401 067	5 207 238	1 899 985	3 165 947	4 503 672
Net Assets Liabilities	1 140 240	1 504 509	1 054 849	1 071 536	1 778 712
Other Debtors	47	354	4 296	944	1 049
Property Plant Equipment	55 099	42 050	25 642	20 623	14 219
Total Inventories	100	100	100	100	100

Other Financial Data
Audit Fees Expenses	13 500	13 500	13 500	14 500	15 500
Amount Specific Advance Or Credit Directors					353 597
Amount Specific Advance Or Credit Made In Period Directors		227 318	146 993		353 597
Amount Specific Advance Or Credit Repaid In Period Directors		227 318	146 993
Company Contributions To Money Purchase Plans Directors	10 098	13 067	13 599	48 363	14 891
Director Remuneration	590 995	694 366	661 311	686 641	718 208
Dividend Recommended By Directors					321 000
Number Directors Accruing Benefits Under Money Purchase Scheme	5	6	6	6	6
Accrued Liabilities Deferred Income	165 802	337 284	338 395	153 967	444 211
Accumulated Depreciation Impairment Property Plant Equipment	239 686	270 947	215 917	233 620	246 656
Administrative Expenses	2 089 943	2 381 617	2 479 916	2 244 288	2 707 703
Amounts Owed By Group Undertakings		258 270	89 446	113 661	78 210
Amounts Owed To Group Undertakings	129 153		19 460
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	40	39	39	34	39
Comprehensive Income Expense	659 184	820 105	-449 660	16 687	1 028 176
Corporation Tax Payable		59 413
Corporation Tax Recoverable	23 105		174 955	174 955
Cost Sales	23 736 907	23 318 569	9 936 944	18 778 182	22 913 156
Creditors	63 797	52 030	25 850	44 311	55 943
Current Tax For Period	124 224	221 053
Depreciation Expense Property Plant Equipment	23 414	18 280	17 289	17 703	13 036
Disposals Decrease In Depreciation Impairment Property Plant Equipment			85 300
Disposals Property Plant Equipment		1 000	85 300
Dividend Per Share Final					4 586
Dividends Paid		455 836			321 000
Dividends Paid On Shares		455 836
Dividends Paid On Shares Final		237 136			321 000
Dividends Paid On Shares Interim		218 700
Expenses Recognised For Doubtful Debts Owed By Related Parties		25 896	108 685
Finance Lease Liabilities Present Value Total	17 934	5 531	5 531
Further Item Interest Expense Component Total Interest Expense	931		2 332
Further Item Operating Income Component Total Other Operating Income	46 868	50 062	50 062	55 142	56 836
Further Operating Expense Item Component Total Operating Expenses	59 387	60 249	72 417	68 674	68 427
Future Minimum Lease Payments Under Non-cancellable Operating Leases	23 566	89 011	81 193	83 491	30 328
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-28	986	20	1 375	472
Gain Loss On Disposals Property Plant Equipment	14 225	-1 000	1 250
Government Grant Income			205 472	14 223
Gross Profit Loss	2 673 275	3 181 898	1 603 863	2 189 931	3 672 377
Income From Related Parties	20 803	31 774	7 272	13 474	2 742
Increase From Depreciation Charge For Year Property Plant Equipment		31 261	30 270	17 703	13 036
Interest Expense On Bank Overdrafts				18	16
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	1 977	2 413	1 181	128
Interest Payable Similar Charges Finance Costs	2 908	2 413	3 513	146	16
Loans Owed By Related Parties	4 166	4 913	271	7 730	353 597
Loans Owed To Related Parties	-128 002		-30 173	-20 250
Merchandise	100	100	100	100	100
Net Current Assets Liabilities	1 148 938	1 514 489	1 055 057	1 095 224	1 820 436
Number Shares Issued Fully Paid		70	70	70	70
Operating Profit Loss	633 965	851 780	-620 332	16 643	1 021 993
Other Creditors	45 863	46 499	25 850	44 311	55 943
Other Deferred Tax Expense Credit		-22 828	22 828
Other Interest Receivable Similar Income Finance Income	2 417	7 323	5 976	190	6 199
Other Operating Income Format1	50 633	51 499	255 721	71 000	57 319
Other Taxation Social Security Payable	1 028 908	482 811	491 444	1 099 198	1 248 643
Par Value Share		1	1	1	1
Payments Received On Account	247 519	848 932	196 254	157 965	809 999
Payments To Related Parties	3 128	2 858		126 808	5 685
Pension Other Post-employment Benefit Costs Other Pension Costs	33 480	38 915	39 975	75 024	46 965
Prepayments Accrued Income	58 066	104 427	87 835	92 006	116 489
Profit Loss	659 184	820 105	-449 660	16 687	1 028 176
Profit Loss On Ordinary Activities Before Tax	633 474	856 690	-617 869	16 687	1 028 176
Property Plant Equipment Gross Cost	294 785	312 997	241 559	254 243	260 875
Social Security Costs	236 306	222 544	242 914	215 885	285 735
Staff Costs Employee Benefits Expense	2 203 218	2 107 247	2 174 112	2 007 911	2 376 460
Tax Decrease From Utilisation Tax Losses	16 981			19 110	227 023
Tax Expense Credit Applicable Tax Rate	120 360	162 771	-117 395	3 171	195 353
Tax Increase Decrease From Effect Capital Allowances Depreciation	-8 086	585	1 355	-831	-245
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 307	38 825	29 994	16 744	31 782
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-25 710	36 585	-168 209
Total Additions Including From Business Combinations Property Plant Equipment		19 212	13 862	12 684	6 632
Total Assets Less Current Liabilities	1 204 037	1 556 539	1 080 699	1 115 847	1 834 655
Total Current Tax Expense Credit	-25 710	59 413	-191 037
Trade Creditors Trade Payables	4 956 800	3 570 961	1 199 126	2 382 625	2 356 090
Trade Debtors Trade Receivables	1 748 118	3 483 476	918 395	2 397 421	3 770 160
Turnover Revenue	26 410 182	26 500 467	11 540 807	20 968 113	26 585 533
Wages Salaries	1 933 432	1 845 788	1 891 223	1 717 002	2 043 760