IST POWER LIMITED

64-66 PERCY ROAD, LEICESTER, LEICESTERSHIRE, LE2 8FN

Previous name: IST POWER PRODUCTS LIMITED (changed on 26-Sep-2017)
Previous name: SENATE HOLDINGS LIMITED (changed on 13-Mar-2007)

Company Number: 02614179
Incorporation date: 23-May-1991
Status: Active
Entity type: Private Limited Company

SIC codes:
27110 Manufacture of electric motors, generators and transformers





SUMMARY

This company is 34.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 7.6 million which has increased from GBP 6.3 million in the previous year. The latest reported revenue figure is GBP 16.9 million which is up 20% on previous year's figure of GBP 14.1 million. The company has 2 active officers (directors or partners) who are or were officers of 8 other companies, 3 (37.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Jun-2025
Accounts Filed: FULL (30-Sep-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Sep-2023 GBP 16,873,466 4,110,077 36,474 15,901 866,491 3,264,159
30-Sep-2022 GBP 14,127,729 3,143,125 12,825 534,430 2,595,870
30-Sep-2021 GBP 10,603,013 1,214,234 12,302 154,514 1,047,418
30-Sep-2020 GBP 9,846,072 1,055,666 94 10,007 147,425 1,017,867
30-Sep-2019 GBP 10,147,587 1,116,048 5,421 12,026 101,662 1,007,781
30-Sep-2018 GBP 11,404,848 1,069,436 8,630 15,449 150,418 912,199
30-Sep-2017 GBP 9,673,547 1,099,406 7,445 15,911 171,079 919,861
30-Sep-2016 GBP 10,607,841 1,153,589 8,161 16,900 181,769 963,081
30-Sep-2015 GBP 8,866,584 715,163 16,811 81,090 617,262
30-Sep-2014 GBP 870,684 28,706
30-Sep-2013 GBP 1,115 16,390
30-Sep-2012 GBP 230,112 9,411


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Sep-2023 GBP 2,945,739 10,348,752 3,775,263 102,011 101 7,442,786 7,556,580
30-Sep-2022 GBP 1,409,905 7,454,744 2,146,090 124,639 101 6,178,627 6,292,421
30-Sep-2021 GBP 984,201 5,922,502 2,201,628 174,994 101 4,582,757 4,696,551
30-Sep-2020 GBP 1,325,513 5,308,037 2,180,595 126,063 101 4,035,339 4,149,133
30-Sep-2019 GBP 342,446 4,627,161 1,469,460 163,888 100 39 3,617,472 3,731,265
30-Sep-2018 GBP 706,349 4,899,764 2,275,743 62,350 100 39 3,109,691 3,223,484
30-Sep-2017 GBP 428,709 4,903,669 2,350,457 369,045 100 39 2,797,492 2,911,285
30-Sep-2016 GBP 242,156 5,327,144 3,070,941 328,348 100 2,477,631 2,591,424
30-Sep-2015 GBP 338,445 4,228,438 1,984,392 388,490 111 2,415,050 2,528,843
30-Sep-2014 GBP 217,271 4,649,359 2,479,218 384,525 111 2,297,788 2,411,581
30-Sep-2013 GBP 25,725 3,763,140 2,026,749 20,964 139 2,305,126 2,418,919
30-Sep-2012 GBP 222,003 3,278,864 1,602,991 66,359 139 2,208,050 2,321,843

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Sep-2020 GBP 0.99% -38 -3,800 -3,838 -692,823
30-Sep-2016 GBP -11.00% -11 111 100 68,224
30-Sep-2014 GBP -25.23% -28 139 111 81,372
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Mark George FAZAKARLEY 23 May 1991 19 Jun 2025 Accountant British 8 - 8

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Margaret Emily, Mrs. RUTTER 07 Apr 2015 05 Jul 2016 Sales & Marketing Consultant British 0 - 73 (42.9%)
Resigned Paul WALKER 25 Oct 2006 19 Dec 2006 Director British 1 - 106 (54.5%)
Active Mark George FAZAKARLEY 23 May 1991 Accountant British 8 - 88 (50.0%)
Active Henry SZYWALA 23 May 1991 Engineer British 3 - 33 (50.0%)
Resigned P S SECRETARIES LIMITED 23 May 1991 23 May 1991 0 - 17883 (46.6%)
Resigned P S NOMINEES LIMITED 23 May 1991 23 May 1991 0 - 17782 (46.3%)
Number of active directors: 2
Average tenure of active directors: 34.1 years
Average tenure of resigned directors: 0.3 years
Average active director Dissolution Rate: 50.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ERNEST LEE (ELECTRICAL SERVICES) LIMITED (00563279) - Active
LITTLEBOROUGH ENGINEERING LIMITED (00933923) - Dissolved
STL STEWART TRANSFORMERS LIMITED (02587416) - Dissolved
STL DEVELOPMENTS LIMITED (02604009) - Dissolved
IST POWER LIMITED (02614179) - Active
STL TRANSTECH LIMITED (03667925) - Dissolved
ERNEST LEE HOLDINGS LIMITED (03731663) - Active
EVENGOLD PROPERTIES LTD (09304804) - Active
IST POWER HOLDINGS LIMITED (12932447) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-05-232017-05-232016-05-232015-05-232014-05-23
MARK FAZAKARLEYA ORDINARY4,032
40%
0
0%
0
0%
0
0%
0
0%
HENRY SZYWALAB ORDINARY4,032
40%
0
0%
0
0%
0
0%
0
0%
MARIA BREENC ORDINARY1,008
10%
0
0%
0
0%
0
0%
0
0%
AUDREY SZYWALAD ORDINARY1,008
10%
0
0%
0
0%
0
0%
0
0%
MARK FAZAKARLEYORDINARY0
0%
5,000
50%
5,000
45.1%
5,000
45.1%
5,000
45.1%
HENRY SZYWALAORDINARY0
0%
5,000
50%
5,000
45.1%
5,000
45.1%
5,000
45.1%
MARGARET RUTTERORDINARY0
0%
0
0%
1,094
9.86%
1,094
9.86%
1,094
9.86%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

IST POWER LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 27110 Manufacture of electric motors, generators and transformers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CUMMINS GENERATOR TECHNOLOGIES LIMITED FOUNTAIN COURT, LYNCH WOOD, PETERBOROUGH, ENGLAND, PE2 6FZ 00441273 2017-12-31 699,136,000 98,939,000
BRUSH ELECTRICAL MACHINES LIMITED POWER HOUSE, EXCELSIOR ROAD, ASHBY-DE-LA-ZOUCH, ENGLAND, LE65 1BU 00111849 2017-12-31 57,877,000 -138,669,000
WELLAND POWER LIMITED UNIT 2 WELLAND BUSINESS PARK, CLAY LAKE, SPALDING, LINCOLNSHIRE, PE12 6BL 07193695 2018-03-31 22,728,611 0
IST POWER LIMITED 64-66 PERCY ROAD, LEICESTER, LEICESTERSHIRE, LE2 8FN 02614179 2017-09-30 9,673,547 0
FI. TECHNOLOGY LIMITED 7 LEYDEN ROAD, STEVENAGE, ENGLAND, SG1 2BW 03111127 2018-12-31 314,085 0
V3 POWER LIMITED TROEDYRHIW, ABERCYCH, ABERCYCH, PEMBROKESHIRE, WALES, SA37 0EY 07053663 2019-05-04 29,624 0 33190-Repair of other equipment
85590-Other education not elsewhere classified
GREENDODOS LTD 78 EPSOM AVENUE, SALE, CHESHIRE, M33 4QX 09098774 2018-06-30 1,649 0
ADVANCED INDUSTRIAL REWINDS LIMITED C12 MARQUIS COURT MARQUISWAY, TEAM VALLEY TRADING ESTATE, GATESHEAD, NE11 0RU 04747414 2019-02-28 0 0
ELECTRONICA PRODUCTS LIMITED UNIT 5 HERALD COURT, SIR WILLIAM LYONS ROAD, COVENTRY, ENGLAND, CV4 7EZ 03681737 2018-09-30 0 0 27900-Manufacture of other electrical equipment
MOTOR CONTROLS LTD C/O BEGBIES TRAYNOR 2 HARCOURT WAY, MERIDIAN BUSINESS PARK, LEICESTER, E, LE19 1WP 07426605 2018-07-31 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
IST POWER LIMITED 0.7% 3.6% 7.2% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.7% 4.4% 10.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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