Smartway Pw. Holdings Limited in Leicester, LE3 5DE

Description

Data updated on: 01-11-2023

Smartway Pw. Holdings Limited is a Private Limited Company, that is registered in The Old Mill, 9 Soar Lane in Leicester. The zip code is LE3 5DE. This company operates since 2013/01/16. The company's registration number is 08363500. This business's principal business activity number is 70100, that means Activities of head offices. The company's most recent accounts detail the period up to 2022-03-31 and the most current confirmation statement was submitted on 2023-01-16.

This limited company owes its success and constant improvement to exactly two directors, who are Bhanumati P. and Kirti P., who have been managing it for 11 years.

Executives with significant control over this firm are: Kirti P. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Hitendra P. has substantial control or influence over the company. Bhanumati P. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31
Currency

Balance Sheet
Cash Bank On Hand	15 137 208	9 063 035	161 116
Current Assets	41 481 227	39 897 266	40 482 871
Debtors	26 344 019	30 834 231	40 321 755
Net Assets Liabilities	73 122 087	76 949 542	81 108 277
Other Debtors	11 903 283	15 379 995	17 253 313
Total Inventories	6 450 687	10 516 239	11 332 287

Other Financial Data
Audit Fees Expenses	42 603	29 700	44 500
Taxation Compliance Services Entity Subsidiaries Fees	1 000	1 000	2 000
Accrued Liabilities Deferred Income	311 304	361 693	670 673
Accumulated Amortisation Impairment Intangible Assets	34 693	72 018	34 693
Accumulated Depreciation Impairment Property Plant Equipment	37 912	41 877	108 586
Additions Other Than Through Business Combinations Intangible Assets		186 625	220 000
Additions Other Than Through Business Combinations Property Plant Equipment		34 769	76 035
Administration Support Average Number Employees	68	85	80
Administrative Expenses	7 252 360	3 013 859	5 718 093
Amortisation Expense Intangible Assets	26 937	37 325	81 325
Amortisation Government Grants		-140 722	-117 233
Amortisation Rate Used For Intangible Assets		20	20
Amounts Owed By Group Undertakings	14 440 736	15 454 236	23 068 442
Amounts Owed To Directors	104 293	98 393	5 628 139
Amounts Owed To Group Undertakings	19 584 652	21 093 002
Applicable Tax Rate	19	19	19
Average Number Employees During Period	69	86	81
Cash Cash Equivalents Cash Flow Value	23 623 265	14 677 885	8 881 295
Cash Payments To Acquire Equity Or Debt Instruments Other Entities Classified As Investing Activities		100	800 000
Comprehensive Income Expense	8 725 307	7 742 440	4 158 735
Corporation Tax Payable	3 023	61 672	69 819
Corporation Tax Recoverable	926 372	1 357 711	1 528 193
Cost Sales	158 693 081	185 965 625	127 425 284
Creditors	19 692 068	21 253 167	5 698 058
Current Tax For Period	1 210 284	1 832 580	966 736
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-14 186
Depreciation Expense Property Plant Equipment	45 283	50 124	39 704
Depreciation Rate Used For Property Plant Equipment		20	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment			18 200
Disposals Property Plant Equipment			22 750
Dividend Income		309 370
Dividends Paid		3 334 000
Dividends Paid Classified As Financing Activities		3 334 000
Dividends Paid On Shares		3 334 000
Finance Lease Liabilities Present Value Total			55 176
Finance Lease Payments Owing Minimum Gross			55 176
Finished Goods	6 450 687	10 516 239	11 332 287
Fixed Assets	247 667	399 064	1 373 757
Gain Loss In Cash Flows From Change In Accrued Items	-43 536	50 389	308 980
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	3 728 992	-2 454 502	-1 164 149
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-12 511 450	-6 726 858	-12 903 936
Gain Loss In Cash Flows From Change In Inventories	-1 774 043	-4 065 552	-816 048
Gain Loss On Disposals Intangible Assets	-213 061
Gain Loss On Disposals Property Plant Equipment	-86 617		3 450
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	1 073 240	175 739	404 615
Government Grant Income		140 722	117 233
Gross Profit Loss	13 034 800	12 097 699	10 313 057
Income From Shares In Group Undertakings	4 070 662
Income Taxes Paid Refund Classified As Operating Activities	2 038 680	1 832 580	966 736
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-3 454 304	-8 945 380	-5 796 590
Increase Decrease In Current Tax From Adjustment For Prior Periods	-19 045
Increase Decrease In Net Debt From Cash Flows		8 939 480	11 391 111
Increase From Amortisation Charge For Year Intangible Assets		37 325	81 325
Increase From Depreciation Charge For Year Property Plant Equipment		15 038	39 704
Intangible Assets	1	149 301	287 976
Intangible Assets Gross Cost	34 694	221 319	441 319
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			207
Interest Income On Cash Cash Equivalents	46 664	31 578	2 171
Interest Paid Classified As Operating Activities		111	335
Interest Payable Similar Charges Finance Costs		111	335
Interest Received Classified As Operating Activities	431 535	350 569	413 609
Investments	1 500	1 700	1 700
Investments Fixed Assets	1 500	1 700	1 700
Investments In Associates		49	49
Net Cash Flows From Used In Financing Activities	-1 448 858	-3 199 178	5 711 754
Net Cash Flows From Used In Investing Activities	-33 157	-238 846	-1 092 272
Net Cash Flows From Used In Operating Activities	-1 972 289	-5 507 356	-10 416 072
Net Cash Generated From Operations	-365 144	-4 025 234	-9 862 610
Net Current Assets Liabilities	21 789 159	18 644 099	34 784 813
Net Debt Funds	-23 518 972	-14 579 492	-3 188 381
Number Shares Issued Fully Paid	113	113	113
Operating Profit Loss	5 782 440	9 224 562	4 712 197
Other Creditors	100	100	100
Other Finance Costs		111	128
Other Finance Income	2 594	9 621	9 352
Other Interest Receivable Similar Income Finance Income	49 258	350 569	413 609
Other Investments Other Than Loans	1 500	1 700	1 700
Other Operating Income Format1		140 722	117 233
Other Taxation Social Security Payable	80 742	93 092	167 325
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities			-64 775
Payments To Acquire Interests In Joint Ventures Associates Participating Interests Classified As Investing Activities		49
Pension Costs Defined Contribution Plan	31 235	33 979	36 676
Pension Other Post-employment Benefit Costs Other Pension Costs	42 068	58 146	40 009
Prepayments Accrued Income	121 686	48 588	345 651
Proceeds From Borrowings Classified As Financing Activities	-1 448 858	-5 900	5 529 746
Proceeds From Government Grants Classified As Financing Activities		140 722	117 233
Proceeds From Sales Property Plant Equipment			8 000
Profit Loss	-5 919 618	189 140	16 721 699
Profit Loss On Ordinary Activities Before Tax	9 902 360	9 575 020	5 125 471
Property Plant Equipment Gross Cost	58 096	58 096	58 096
Purchase Intangible Assets		186 625	220 000
Purchase Property Plant Equipment	33 157	52 072	80 272
Revenue Arising From Exchanges Goods Or Services Interest	1 226 200	1 032 663	2 351 208
Revenue From Sale Goods	170 501 681	197 030 661	135 387 133
Social Security Costs	192 938	272 419	252 569
Staff Costs Employee Benefits Expense	2 314 178	3 075 547	2 851 151
Tax Decrease From Utilisation Tax Losses	666 196
Tax Expense Credit Applicable Tax Rate	846 453	1 819 253	4 097 081
Tax Increase Decrease From Effect Capital Allowances Depreciation	797	-1 085	-13 443
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 035 546	14 412	-3 112 561
Tax Increase Decrease From Other Short-term Timing Differences	-20 502
Tax Tax Credit On Profit Or Loss On Ordinary Activities	1 177 053	1 832 580	966 736
Total Assets Less Current Liabilities	21 790 659	18 645 799	34 786 513
Total Current Tax Expense Credit	1 191 239	1 832 580
Trade Creditors Trade Payables	5 891 129	3 310 739	2 368 413
Trade Debtors Trade Receivables	27 462 934	31 755 710	44 244 653
Turnover Revenue	171 727 881	198 063 324	137 738 341
Wages Salaries	2 079 172	2 744 982	2 558 573
Company Contributions To Money Purchase Plans Directors	20 833	48 334	3 333
Director Remuneration	700
Director Remuneration Benefits Excluding Payments To Third Parties	21 533	48 334
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1

Company staff

Bhanumati P.

Role: Director

Appointed: 16 January 2013

Latest update: 22 January 2024

Kirti P.

Role: Director

Appointed: 16 January 2013

Latest update: 22 January 2024

People with significant control

Kirti P.

Notified on 16 January 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Hitendra P.

Notified on 16 January 2017

Nature of control:

substantial control or influence

Bhanumati P.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	30 January 2024
Confirmation statement last made up date	16 January 2023

Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31 March 2022

Smartway Pw. Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Bhanumati P.

Kirti P.

People with significant control

Kirti P.

Hitendra P.

Bhanumati P.

Accounts Documents

Company filings

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