Powerlec Distributors Limited in Birmingham, B3 1UP

Description

Data updated on: 01-10-2020

Situated at 79 Caroline Street, Birmingham B3 1UP Powerlec Distributors Limited was categorised as a Private Limited Company registered under the 04117580 Companies House Reg No. This company had been launched 24 years ago before was dissolved on Tuesday 4th August 2020.

The directors were as follow: Stephen W. designated to this position on Thursday 30th November 2000 and David D. designated to this position in 2000.

Executives who had significant control over the firm were: David D. owned 1/2 or less of company shares and had 1/2 or less of voting rights. Lisa W. owned 1/2 or less of company shares, had 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-09-30	2015-09-30	2016-09-30	2017-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	262 331	155 425	119 023	216 653	182 682	212 943

Balance Sheet
Cash Bank On Hand						4 198	5 355
Current Assets	893 490	1 152 936	894 777	785 366	823 279	819 337	821 819
Debtors	731 385	887 213	694 777	632 527	670 200	645 139	646 464
Net Assets Liabilities						212 943	181 718
Other Debtors						514 347	520 904
Property Plant Equipment						55 666	48 191
Total Inventories						170 000	170 000
Cash Bank In Hand	2 105	1 944	2 000	2 839	3 079	4 198
Intangible Fixed Assets	1	1	1	1	1	1
Stocks Inventory	160 000	237 239	198 000	150 000	150 000	170 000
Tangible Fixed Assets	250 951	236 163	62 034	51 490	40 917	55 666

Capital & Reserves
Called Up Share Capital	30 000	30 000	30 000	180 003	180 003	180 003
Profit Loss Account Reserve	232 331	125 425	89 023	36 650	2 679	32 940
Shareholder Funds	262 331	155 425	119 023	216 653	182 682	212 943

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						19 999
Accumulated Depreciation Impairment Property Plant Equipment						104 257	94 470
Bank Borrowings Overdrafts						19 975	23 266
Corporation Tax Payable						4 362	1 632
Creditors						214 768	137 051
Increase From Depreciation Charge For Year Property Plant Equipment							15 507
Intangible Assets						1	1
Intangible Assets Gross Cost						20 000
Net Current Assets Liabilities	150 712	1 347	156 780	305 529	329 143	376 720	275 170
Number Shares Issued Fully Paid							3
Other Creditors						214 768	137 051
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							25 294
Other Disposals Property Plant Equipment							27 262
Other Taxation Social Security Payable						13 088	17 412
Par Value Share		1	1	1	1	1	1
Property Plant Equipment Gross Cost						159 923	142 661
Provisions For Liabilities Balance Sheet Subtotal						4 677	4 593
Total Additions Including From Business Combinations Property Plant Equipment							10 000
Total Assets Less Current Liabilities	401 664	264 051	218 815	357 020	370 061	432 387	323 362
Trade Creditors Trade Payables						310 769	279 647
Trade Debtors Trade Receivables						107 592	125 560
Creditors Due After One Year	132 027	99 807	91 637	133 819	182 277	214 767
Creditors Due Within One Year	742 778	1 125 049	737 997	479 837	494 136	442 617
Fixed Assets	250 952	236 164	62 035	51 491	40 918	55 667
Intangible Fixed Assets Aggregate Amortisation Impairment	19 999	19 999	19 999	19 999	19 999	19 999
Intangible Fixed Assets Cost Or Valuation	20 000	20 000	20 000	20 000	20 000	20 000
Number Shares Allotted		30 000	30 000	3	3	3
Provisions For Liabilities Charges	7 306	8 819	8 155	6 548	5 102	4 677
Share Capital Allotted Called Up Paid	30 000	30 000	30 000	3	3	3
Tangible Fixed Assets Additions			4 814		745	40 049
Tangible Fixed Assets Cost Or Valuation		321 042	162 570	148 407	149 152	159 923
Tangible Fixed Assets Depreciation		84 880	100 536	96 917	108 235	104 257
Tangible Fixed Assets Depreciation Charged In Period			15 656	9 678	11 318	19 656
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				13 297		23 634
Tangible Fixed Assets Disposals			163 286	14 163		29 278