Power 1 Electrical Contractors Limited in Glasgow, G3 8HB

Description

Data updated on: 01-11-2023

The business is situated in Glasgow with reg. no. SC322048. The firm was set up in 2007. The main office of this firm is situated at C/o French Duncan Llp 133 Finnieston Street. The postal code for this place is G3 8HB. This firm's classified under the NACE and SIC code 61100 - Wired telecommunications activities. Sun, 31st Jan 2016 is the last time company accounts were reported.

At the moment, we can name only one director in the company: Mark W. (since Tue, 24th Apr 2007). The limited company had been controlled by Graham L. until 7 years ago. As a follow-up another director, including Craig F. gave up the position in 2017.

Mark W. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-02-28	2013-02-28	2014-02-28	2015-01-31	2016-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	37 226	90 207	143 332	11 760	102 382	106 257

Balance Sheet
Cash Bank In Hand		78		0	520 602	238 249
Current Assets	429 839	638 284	865 210	920 578	1 615 731	1 700 604
Debtors	341 231	543 705	537 157	530 168	698 656	892 129
Net Assets Liabilities Including Pension Asset Liability	37 226	90 207	143 333	11 760	102 382	106 257
Stocks Inventory	88 608	94 501	328 053	390 410	396 473	570 226
Tangible Fixed Assets	18 693	18 102	23 773	25 146	47 106	111 747
Other Debtors		198 595	222 100
Trade Debtors		345 110	315 056

Capital & Reserves
Called Up Share Capital	1	1	1	1	1	100
Profit Loss Account Reserve	37 225	90 206	143 332	11 759	102 381	106 157
Shareholder Funds	37 226	90 207	143 332	11 760	102 382	106 257

Other Financial Data
Total Fixed Assets Additions					37 661	138 812
Total Fixed Assets Cost Or Valuation				64 513	102 174	163 415
Total Fixed Assets Depreciation				39 366	55 068	51 668
Total Fixed Assets Depreciation Charge In Period					15 702	37 249
Total Fixed Assets Depreciation Disposals						-40 649
Total Fixed Assets Disposals						-77 571
Creditors Due After One Year Total Noncurrent Liabilities				61 972	85 975	178 249
Creditors Due Within One Year Total Current Liabilities	407 381	562 311		880 407	1 465 217	1 520 162
Fixed Assets	18 693	18 557	23 773	25 146	47 106	111 747
Net Current Assets Liabilities	22 458	75 973	121 836	50 862	150 514	180 442
Provisions For Liabilities Charges	3 925	3 868	2 277	2 277	9 263	7 683
Tangible Fixed Assets Additions		3 729	13 500	11 756	37 661	138 812
Tangible Fixed Assets Cost Or Valuation	42 528	41 257	54 757	64 513	102 174	163 415
Tangible Fixed Assets Depreciation	23 835	23 155	30 984	39 367	55 068	51 668
Tangible Fixed Assets Depreciation Charge For Period		3 865			15 702	37 249
Tangible Fixed Assets Depreciation Disposals		-5 000				-40 649
Tangible Fixed Assets Disposals		-5 000		2 000		-77 571
Total Assets Less Current Liabilities	41 151	94 075	145 608	76 009	197 620	292 189
Director Remuneration		5 000	44 603
Accruals Deferred Income Within One Year		2 512	57 710
Administrative Expenses		300 118
Amount Due From To Related Party			176 967
Bank Borrowings Overdrafts		93 386	92 742
Corporation Tax Due Within One Year		48 578	75 339
Cost Sales		603 001
Creditors Due Within One Year		562 311	743 374	869 716
Depreciation Tangible Fixed Assets Expense		4 320
Difference Between Accumulated Depreciation Amortisation Capital Allowances		-3 801	1 592
Gross Profit Loss		378 379
Increase Decrease In U K Tax From Origination Reversal Timing Differences		-57
Interest Payable Similar Charges		3 817
Interim Payment			26 500
Number Shares Allotted		1	1	1
Operating Profit Loss		81 761
Other Creditors Due Within One Year		234 463	261 779
Other Operating Income		3 500
Other Taxation Social Security Within One Year		151 833	162 256
Par Value Share			1	1
Profit Loss For Period		52 981
Profit Loss On Ordinary Activities Before Tax		77 944
Provisions Charged Credited To Profit Loss Account During Period			-1 592
Called Up Share Capital Not Paid Not Expressed As Current Asset			1	1
Creditors Due After One Year				61 972
Share Capital Allotted Called Up Paid			1	1
Tangible Fixed Assets Depreciation Charged In Period			1 260	8 383
Amount Specific Advance Or Credit Directors			176 967	59 650
Tax On Profit Or Loss On Ordinary Activities		24 963
Trade Creditors Within One Year		31 539	93 548
Turnover Gross Operating Revenue		981 380
U K Current Corporation Tax On Income For Period		25 020
Value Shares Allotted		1	1