Power Tool Solutions Limited in Gainsborough, DN21 2HQ

Description

Data updated on: 01-11-2023

1998 marks the founding of Power Tool Solutions Limited, a firm which is located at Orion House, 28a Spital Terrace in Gainsborough. This means it's been 26 years Power Tool Solutions has existed in this business, as it was created on 1998-11-06. Its Companies House Registration Number is 03663586 and its area code is DN21 2HQ. 19 years from now the company changed its business name from Prime Entertainment (newark) to Power Tool Solutions Limited. This enterprise's SIC and NACE codes are 33140 meaning Repair of electrical equipment. Sat, 31st Dec 2022 is the last time account status updates were filed.

With four recruitment advert since 2017/03/30, the corporation has been a quite active employer on the labour market. On 2018/04/11, it started searching for new employees for a full time van driver and counter assistant post in Lincoln, and on 2017/03/30, for the vacant post of a full time Technical sales assistant in Lincoln. They look for applicants on such posts as: Trade counter Assistant or counter assistant.

In order to meet the requirements of the clients, the business is constantly being led by a team of two directors who are James C. and Martin W.. Their outstanding services have been of cardinal importance to this business since September 2022. To find professional help with legal documentation, this specific business has been using the skills of Martin W. as a secretary for the last 26 years.

Previous company's names
Power Tool Solutions Limited 2005-08-26
Prime Entertainment (newark) Limited 1998-11-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	10 303	10 394	12 771	21 594	37 835

Balance Sheet
Cash Bank In Hand	181	597	415	282	582
Cash Bank On Hand					582	243	907	617	221	11 946	3 342	11 949
Current Assets	135 930	147 197	148 547	180 031	183 329	194 082	208 338	207 098	225 368	250 298	321 059	322 740
Debtors	52 744	54 994	58 798	88 641	82 587	83 037	84 427	73 042	66 204	76 638	151 490	125 521
Net Assets Liabilities					37 835	50 097	60 175	64 640	70 337	77 922	90 041	63 915
Net Assets Liabilities Including Pension Asset Liability	10 303	10 394	12 771	21 594	37 835
Other Debtors					1 667	924	2 819	2 330	6 297	5 132	4 193	9 433
Property Plant Equipment					10 034	22 268	29 301	21 978	16 484	12 363	19 944	24 917
Stocks Inventory	83 005	91 606	89 334	91 108	100 160
Tangible Fixed Assets	7 305	15 310	10 505	13 376	10 034
Total Inventories					100 160	110 802	123 004	133 439	158 943	161 714	166 227	185 270

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	10 203	10 294	12 671	21 494	37 735
Shareholder Funds	10 303	10 394	12 771	21 594	37 835

Other Financial Data
Amount Specific Advance Or Credit Directors				5 814		3 269	9 657
Amount Specific Advance Or Credit Made In Period Directors						13 158	13 888
Amount Specific Advance Or Credit Repaid In Period Directors					5 814	9 889	7 500	9 657
Accrued Liabilities Deferred Income					1 061	1 284	1 354	1 710	1 794	870	1 134	892
Accumulated Depreciation Impairment Property Plant Equipment					19 364	16 530	18 509	25 832	31 326	35 447	18 556	26 032
Average Number Employees During Period					8	9	8	7	8	9	10	11
Bank Borrowings Overdrafts					12 386	11 881	9 862	16 283	4 639	45 762	35 833	25 833
Bank Overdrafts					12 386	11 881	9 862	16 283	4 639		13 526	11 073
Corporation Tax Payable					4 729	2 494	2 779	3 025	2 849	4 204	605
Creditors					2 605	12 076	17 355	8 885	22 000	45 762	43 405	36 450
Creditors Due After One Year		6 360	3 180	4 558	2 605
Creditors Due Within One Year	131 979	144 778	141 532	164 580	150 916
Disposals Decrease In Depreciation Impairment Property Plant Equipment						7 400	4 125				21 387
Disposals Property Plant Equipment						11 100	7 000				27 310
Dividends Paid						7 500	7 500	2 500	2 000	7 000	2 000
Finance Lease Liabilities Present Value Total					2 605	12 076	17 355	8 885	3 000	3 000	7 572	10 617
Future Minimum Lease Payments Under Non-cancellable Operating Leases					10 100	10 100	10 174	13 440	13 750	13 750	14 750	14 750
Increase Decrease In Property Plant Equipment						20 500	16 012				18 000	12 449
Increase From Depreciation Charge For Year Property Plant Equipment						4 566	6 104	7 323	5 494	4 121	4 496	7 476
Net Current Assets Liabilities	3 951	2 419	7 015	15 451	32 413	44 359	53 796	55 723	78 985	113 670	117 291	75 448
Number Shares Allotted		100	100	100	100
Number Shares Issued Fully Paid						100	100	100	100	100	100	100
Other Creditors					205	3 008	1 968	1 680	279	661
Other Taxation Social Security Payable					9 599	11 066	10 361	7 150	3 630	7 947	8 368	12 546
Par Value Share		1	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income					5 593	4 229	4 261	4 356	4 678	5 407	5 681	5 606
Profit Loss						19 762	17 578	6 965	7 697	14 585	14 119	-26 126
Property Plant Equipment Gross Cost					29 398	38 798	47 810	47 810	47 810	47 810	38 500	50 949
Provisions					2 007	4 454	5 567	4 176	3 132	2 349	3 789
Provisions For Liabilities Balance Sheet Subtotal					2 007	4 454	5 567	4 176	3 132	2 349	3 789
Provisions For Liabilities Charges	953	975	1 569	2 675	2 007
Secured Debts	13 085	25 641	25 622	22 976	16 944
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		11 100		7 000
Tangible Fixed Assets Cost Or Valuation	18 049	29 149	26 899	29 398
Tangible Fixed Assets Depreciation	10 744	13 839	16 394	16 022	19 364
Tangible Fixed Assets Depreciation Charged In Period		3 095	3 777	3 110	3 342
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			1 222	3 481
Tangible Fixed Assets Disposals			2 250	4 500
Total Additions Including From Business Combinations Property Plant Equipment						20 500	16 012				18 000	12 449
Total Assets Less Current Liabilities	11 256	17 729	17 520	28 827	42 447	66 627	83 097	77 701	95 469	126 033	137 235	100 365
Total Borrowings					16 944	30 480	35 387	33 338	38 524	4 237	23 526	21 073
Trade Creditors Trade Payables					91 480	90 950	93 518	81 628	94 445	89 213	109 983	113 143
Trade Debtors Trade Receivables					75 327	74 615	67 690	66 356	55 229	66 099	141 616	110 482
Advances Credits Directors				5 814
Advances Credits Made In Period Directors				5 814
Bank Borrowings										4 237	10 000	10 000
Other Remaining Borrowings									25 000

Company staff

James C.

Role: Director

Appointed: 01 September 2022

Latest update: 29 April 2024

Martin W.

Role: Director

Appointed: 06 November 1998

Latest update: 29 April 2024

Martin W.

Role: Secretary

Appointed: 06 November 1998

Latest update: 29 April 2024

People with significant control

Martin W. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Martin W.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	20 November 2023
Confirmation statement last made up date	06 November 2022

Annual Accounts 27 May 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	31 December 2013
Date Approval Accounts	27 May 2014
Annual Accounts 24 June 2015
Start Date For Period Covered By Report	01 January 2014
End Date For Period Covered By Report	31 December 2014
Date Approval Accounts	24 June 2015
Annual Accounts 23 June 2016
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Date Approval Accounts	23 June 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 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts 15 August 2013
End Date For Period Covered By Report	31 December 2012
Date Approval Accounts	15 August 2013

van driver and counter assistant in Lincoln, posted on Wednesday 11th April 2018
Region / City	Midlands, Lincoln
Industry	retail industry
Job type	full time
Career level	experienced (non-managerial)
Education level	a GCSE (Scottish or equivalent)


counter assistant in Newark upon Trent, posted on Wednesday 11th April 2018
Region / City	Midlands, Newark upon Trent
Industry	retail industry
Job type	full time
Career level	experienced (non-managerial)
Education level	a GCSE (Scottish or equivalent)


Trade counter Assistant in Lincoln, posted on Monday 19th March 2018
Region / City	Midlands, Lincoln
Industry	retail industry
Job type	part time (less than 30 hours)
Education level	a GCSE (Scottish or equivalent)


Technical sales assistant in Lincoln, posted on Thursday 30th March 2017
Region / City	Midlands, Lincoln
Industry	retail industry
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)

van driver and counter assistant in Lincoln, posted on Wednesday 11th April 2018

Region / City

Midlands, Lincoln

Industry

retail industry

Job type

full time

Career level

experienced (non-managerial)

Education level

a GCSE (Scottish or equivalent)

counter assistant in Newark upon Trent, posted on Wednesday 11th April 2018

Region / City

Midlands, Newark upon Trent

Industry

retail industry

Job type

full time

Career level

experienced (non-managerial)

Education level

a GCSE (Scottish or equivalent)

Trade counter Assistant in Lincoln, posted on Monday 19th March 2018

Region / City

Midlands, Lincoln

Industry

retail industry

Job type

part time (less than 30 hours)

Education level

a GCSE (Scottish or equivalent)

Technical sales assistant in Lincoln, posted on Thursday 30th March 2017

Region / City

Midlands, Lincoln

Industry

retail industry

Job type

full time

Career level

none

Education level

a GCSE (Scottish or equivalent)

Power Tool Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

James C.

Martin W.

Martin W.

Swift Incorporations Limited

Neil R.

People with significant control

Martin W.

Accounts Documents

Jobs and Vacancies at Power Tool Solutions Ltd

Company filings

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