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Ist Power Limited

02614179

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

64-66 PERCY ROAD, LEICESTERSHIRE, LE2 8FN
Incorporated 23/05/1991

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 23/05/2026

Due 06/06/2027

On track

Industry

27110
Manufacture of electric motors, generators and transformers

Officers

Mark George Fazakarley

secretary · Since 23/05/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 63

Also on 31 other boards

Mark George Fazakarley

director · Since 23/05/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 63

Also on 31 other boards

Mr Henry Szywala

director · Since 23/05/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Persons with Significant Control

Ist Power Holdings Limited

75–100% shares
75–100% votes
Appoint directors

64-66, Percy Road, Leicester, LE2 8FN

Reg: 12932447 · Companies House · Private Company Limited By Shares

Notified 06/10/2020

Former PSCs

Mark George Fazakarley

Ceased 06/10/2020

Mr Henry Szywala

Ceased 06/10/2020

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 11/12/2013Registered 13/12/2013
charge
outstanding

BARCLAYS BANK PLC

Created 09/07/2007Registered 13/07/2007
charge
satisfied

PRIME MANAGEMENT SERVICES LIMITED

Created 30/05/2003Registered 17/06/2003Satisfied 06/10/2004

CompanyRankvs 105+ SIC 27110 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£18.4M

Annual revenue

Net Worth

£8.3M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£4.3M

Bottom line earnings

Net Current Assets

£7.2M

Working capital

Current Assets

£9.6M

Current Liabilities

£2.4M

Fixed Assets

£1.2M

Debtors

£5.5M

Cost of Sales

£11.0M

Gross Profit

£7.3M

Admin Expenses

£3.0M

Operating Profit

£4.2M

Profit After Tax

£3.2M

98avg. employees+4

Tax at Year End

Corp tax£625k
Dividends paid£2.5M

People Costs

Wages & salaries£3.7M
NI contributions£352k

Balance Sheet

Assets less current liabilities£8.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.00+£696k
20232.74+£1.3M
20223.47+£1.6M£933k
20212.69+£547k£594k
20202.43+£418k
20193.15+£508k
20182.15

Derived from filed accounts. Not audited figures.