Powergrade Limited in Solihull, B37 7DL

Description

Data updated on: 01-11-2023

Powergrade came into being in 1997 as a company enlisted under no 03455224, located at B37 7DL Solihull at Marston House 5 Elmdon Lane. The firm has been in business for 27 years and its last known status is active. This enterprise's classified under the NACE and SIC code 74909, that means Other professional, scientific and technical activities not elsewhere classified. The firm's most recent financial reports cover the period up to Saturday 31st December 2022 and the most current confirmation statement was submitted on Monday 24th October 2022.

On 5th June 2017, the company was looking for a Cnc Miller/Setter/Operator/Programmer to fill a full time position in the engeneering in Coventry, Midlands. They offered an overtime.

The directors currently listed by the following limited company are: Kazimiera K. formally appointed in 1998 and Richard K. formally appointed in 1997 in November. Furthermore, the director's duties are backed by a secretary - Richard K., who was appointed by this limited company in January 2007.

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	65 367	160 627	160 918	107 849	104 543

Balance Sheet
Cash Bank In Hand	24 876	270 635	164 317	82 661	5
Cash Bank On Hand					5	49 299	47 159	9 417	76 576	218 309	87 784	160 417
Current Assets	414 124	550 432	440 789	349 315	359 332	530 693	568 350	636 566	776 441	802 510	645 864	768 575
Debtors	264 765	225 728	153 603	119 990	153 614	199 270	202 360	230 763	302 017	176 461	120 309	276 227
Intangible Fixed Assets	1	1	1	1	1
Net Assets Liabilities					104 543	195 064	257 028	284 042	369 098	390 017	404 419	575 550
Net Assets Liabilities Including Pension Asset Liability	65 367	160 627	160 918	107 849	104 543
Other Debtors					24 193	16 612	31 420	38 195	49 028	40 622	40 605	31 593
Property Plant Equipment					490 592	468 118	531 040	626 563	568 286	528 005	514 168	539 567
Stocks Inventory	124 483	54 069	122 869	146 664	205 713
Tangible Fixed Assets	135 270	192 554	161 324	482 956	490 592
Total Inventories					205 713	282 124	318 831	396 386	397 848	407 740	437 771	331 931

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	65 267	160 527	160 818	107 749	104 443
Shareholder Funds	65 367	160 627	160 918	107 849	104 543

Other Financial Data
Accruals Deferred Income		27 077	21 662	90 842	72 000
Accrued Liabilities Not Expressed Within Creditors Subtotal					72 000	63 000	67 200	55 560	44 448	33 758	23 406	13 325
Accumulated Depreciation Impairment Property Plant Equipment					388 453	423 532	474 032	524 977	587 656	637 333	684 555	734 363
Average Number Employees During Period						16	17	19	19	16	13	15
Bank Borrowings					274 213	259 508	244 218	228 285	211 686	244 455	220 576	231 775
Bank Borrowings Overdrafts					259 508	244 218	228 286	211 684	194 456	220 713	191 776	182 848
Creditors					454 483	441 826	462 684	574 838	506 532	479 417	402 419	386 281
Creditors Due After One Year	255 696	276 880	219 129	454 413	454 483
Creditors Due Within One Year	228 332	259 411	188 977	170 604	218 899
Disposals Decrease In Depreciation Impairment Property Plant Equipment								23 550				5 364
Disposals Property Plant Equipment								23 700				5 800
Finance Lease Liabilities Present Value Total					27 774		36 790	165 546	114 468	61 096	13 631	13 631
Fixed Assets	135 271	192 555	161 325	482 957	490 593	468 119	531 041	626 564	568 287	528 006	514 169	539 568
Increase Decrease In Property Plant Equipment							55 000	150 093
Increase From Depreciation Charge For Year Property Plant Equipment						35 079	50 500	74 495	62 679	49 677	47 222	55 172
Intangible Assets					1	1	1	1	1	1	1	1
Intangible Assets Gross Cost					1	1	1	1	1	1	1
Intangible Fixed Assets Cost Or Valuation	1	1	1	1
Net Current Assets Liabilities	185 792	291 021	251 812	178 711	140 433	246 596	279 977	336 625	351 791	375 186	316 075	435 588
Number Shares Allotted		100	100	100	100
Other Creditors					194 975	197 608	197 608	197 608	197 608	197 608	197 012	203 433
Other Taxation Social Security Payable					47 804	104 551	44 403	16 129	129 530	190 927	77 000	56 873
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					879 045	891 650	1 005 072	1 151 540	1 155 942	1 165 338	1 198 723	1 273 930
Provisions For Liabilities Balance Sheet Subtotal						14 825	24 106	48 749
Provisions For Liabilities Charges		18 992	11 428	8 564
Secured Debts	104 421	129 015	95 268	342 771	301 987
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		108 334	15 239	363 579	39 594
Tangible Fixed Assets Cost Or Valuation	362 294	470 628	475 872	839 451	879 045
Tangible Fixed Assets Depreciation	227 024	278 074	314 548	356 495	388 453
Tangible Fixed Assets Depreciation Charged In Period		51 050	45 737	41 947	31 958
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			9 263
Tangible Fixed Assets Disposals			9 995
Total Additions Including From Business Combinations Property Plant Equipment						12 605	113 422	170 168	4 402	9 396	33 385	81 007
Total Assets Less Current Liabilities	321 063	483 576	413 137	661 668	631 026	714 715	811 018	963 189	920 078	903 192	830 244	975 156
Total Borrowings					301 987	259 508	290 883	442 713	377 231	358 923	281 672	245 406
Trade Creditors Trade Payables					71 525	86 362	168 644	157 426	166 282	118 210	137 507	173 144
Trade Debtors Trade Receivables					129 421	182 658	170 940	192 568	252 989	135 839	79 704	244 634