Ward Power Limited in Ripley, DE5 8LE

Description

Data updated on: 01-11-2023

This particular Ward Power Limited business has been on the market for thirty seven years, having started in 1987. Registered under the number 02107580, Ward Power was set up as a Private Limited Company with office in Office 3B Ormonde Drive, Ripley DE5 8LE. Since 2023-05-22 Ward Power Limited is no longer under the business name Sheaf Power. The company's registered with SIC code 27110 and has the NACE code: Manufacture of electric motors, generators and transformers. Thu, 31st Mar 2022 is the last time when the accounts were filed.

Currently, the directors listed by this specific limited company include: Alexander R. chosen to lead the company on 2023-09-14, Sunil P. chosen to lead the company on 2022-02-08, Sanjay R. chosen to lead the company four years ago and 3 other directors have been described below. In order to provide support to the directors, the abovementioned limited company has been utilizing the skills of Atul K. as a secretary since the appointment on 2019-04-30.

Previous company's names
Ward Power Limited 2023-05-22
Sheaf Power Limited 1987-03-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	370 482	373 347	375 122

Balance Sheet
Cash Bank On Hand				1 268 936	774 096	78	90
Current Assets	1 254 802	1 094 182	1 523 838	3 061 400	1 866 013	1 358 834	1 965 450
Debtors	748 394	863 719	666 179	1 648 978	893 488	1 122 668	1 766 931
Net Assets Liabilities				-209 373	-180 278	59 871	122 759
Other Debtors				602 518	654 319	525 893	1 406 906
Property Plant Equipment				263 050	252 007	254 949	243 452
Total Inventories				143 486	198 429	236 088	198 429
Cash Bank In Hand	422 183	154 932	686 847
Net Assets Liabilities Including Pension Asset Liability	370 482	373 347	375 122
Stocks Inventory	84 225	75 531	170 812
Tangible Fixed Assets	350 295	329 030	306 678

Capital & Reserves
Called Up Share Capital	47 500	47 500	47 500
Profit Loss Account Reserve	105 667	108 532	116 863
Shareholder Funds	370 482	373 347	375 122

Other Financial Data
Accrued Liabilities				1 858 075	111 016	104 863	98 763
Accumulated Depreciation Impairment Property Plant Equipment				261 601	277 838	296 410	313 906
Additions Other Than Through Business Combinations Property Plant Equipment					5 194	21 514	5 999
Amounts Owed By Related Parties				1 500	1 500	1 500	1 500
Amounts Owed To Related Parties					15 000	15 000	15 000
Average Number Employees During Period				17	17	12	12
Bank Borrowings					50 000	32 388	22 436
Bank Overdrafts						155 201	478 915
Creditors				296 135	224 839	486 435	971 340
Depreciation Expense Property Plant Equipment					16 237	18 572
Financial Liabilities				296 135	174 839	439 517	948 904
Increase From Depreciation Charge For Year Property Plant Equipment					16 237	18 572	17 496
Net Current Assets Liabilities	34 216	58 942	78 838	-167 961	-199 416	301 136	859 726
Nominal Value Allotted Share Capital				47 500	47 500	47 500	47 500
Number Shares Issued Fully Paid				47 500	47 500	47 500	47 500
Other Creditors				2 382	13 103	11 011	28 225
Other Inventories				143 486	198 429	236 088	198 429
Other Remaining Borrowings						14 530	7 610
Par Value Share		1	1		1	1	1
Prepayments				27 221	39 439	25 349	23 334
Property Plant Equipment Gross Cost				524 651	529 845	551 359	557 358
Provisions For Liabilities Balance Sheet Subtotal				8 327	8 030	9 779	9 079
Taxation Social Security Payable				432 107	466 721	151 119	7 179
Total Assets Less Current Liabilities	384 511	387 972	385 516	95 089	52 591	556 085	1 103 178
Total Borrowings					50 000	46 918	22 436
Trade Creditors Trade Payables				936 797	1 459 589	602 079	460 080
Trade Debtors Trade Receivables				1 017 739	198 230	569 926	335 191
Company Contributions To Money Purchase Plans Directors				9 826	7 000
Director Remuneration				288 657	124 064
Creditors Due Within One Year	1 220 586	1 035 240	1 445 000
Fixed Assets	350 295	329 030	306 678
Number Shares Allotted		8 750	8 750
Other Aggregate Reserves	47 500	47 500	47 500
Provisions For Liabilities Charges	14 029	14 624	10 394
Revaluation Reserve	169 815	169 815	163 259
Share Capital Allotted Called Up Paid	8 750	8 750	8 750
Tangible Fixed Assets Additions		7 038	6 831
Tangible Fixed Assets Cost Or Valuation	477 681	484 719	491 550
Tangible Fixed Assets Depreciation	127 386	155 689	184 872
Tangible Fixed Assets Depreciation Charged In Period		28 303	29 183
Amount Specific Advance Or Credit Directors	4 923	5 177	5 177