Ikstar Limited

Reference number: 820885

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No longer an appointed representative

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Registration ended 14 September 2018.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • Last known website

    powerappliances.co.uk

  • Last known phone number

    0116 271 0320

  • Last known address

    111-115 King Richards Road, Leicester, LE3 5QG, United Kingdom

In the full report: 3 background checks, 1 thing worth a closer look

  • When powerappliances.co.uk first appeared online, and whether it can receive email
  • What kind of line 0116 271 0320 is
  • Who else gives the postcode LE3 5QG
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Other names (3)

If you were contacted under any of these names, it is this firm.

  • Power Appliances Trading name: A name it trades under now.
  • Ikstar Ltd Former name: A name it was registered under before.
  • Bargain Buyz Former trading name: A name it used to trade under.

Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

FCA disciplinary action and complaints

No FCA disciplinary action. The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
12 October 2015 (11 years old)
Registered office
47 London Road, Oadby, Leicester, LE2 5DN, England
Nature of business
  • Retail sale of electrical household appliances in specialised stores (SIC 47540)

Directors and company secretaries

Name Role Born Appointed Other companies
Mohammad Ikhlaaq Vindhani Director Jun 1997 12 Oct 2015 2 other companies
Inaayat Husain Vindhani Director Jan 1995 1 May 2019 3 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
3
closed down
1
run together
2

In the full report: all 3 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 companies these 2 directors run together
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Filed accounts and finances

Year to 31 October 2025Small company accountsNot audited

Net assets

£14.9k

+144% from £6,077

Cash at bank

£6,835

+117% from £3,143

Employees (average)

6

−40% from 10

Owed within a year

£185k

−44% from £330k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 09820690. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Ikstar’s history from the FCA register and Companies House, newest first.

2024

17 April 2024

  • Changed its registered name from "Ikstar Ltd"

FCA register

2019

12 May 2019

  • Inaayat Husain Vindhani became a part-owner (25–50% of shares)

Companies House

2018

14 September 2018

  • Stopped being an appointed representative

FCA register

2016

1 June 2016

  • Mohammad Ikhlaaq Vindhani became a part-owner (25–50% of shares)

Companies House

2015

12 October 2015

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (5 shown here)
  • Every director appointment and resignation: 2
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Firms connected to Ikstar

Other FCA-listed firms that share a director, phone number or address with Ikstar. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Ikstar

Other firms of the same type (retailer), nearest first.

In Leicester

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Ikstar

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 3 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 7 years of accounts, charted
  • All 12 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Ikstar Limited FCA authorised?
No. Ikstar Limited (FRN 820885) is still listed on the FCA register, but the record is closed: no longer an appointed representative.
Is Ikstar a scam or clone?
Ikstar is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Ikstar?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Ikstar has no cover, because it is no longer permitted to carry it out.
Who owns Ikstar?
Companies House lists 2 people with significant control of Ikstar: Mr Inaayat Husain Vindhani (25–50% of shares) and Mr Mohammad Ikhlaaq Vindhani (25–50% of shares).
Who runs Ikstar?
Companies House lists 2 directors of Ikstar: Mohammad Ikhlaaq Vindhani and Inaayat Husain Vindhani.
How long has Ikstar been in business?
The company was formed on 12 October 2015.
What do Ikstar’s latest accounts show?
Its latest accounts, to 31 October 2025, show net assets of £14.9k (+144% from £6,077) and cash at bank of £6,835 (+117% from £3,143).
Does Ikstar use any other names?
It trades as Power Appliances. It has previously used 2 other names: Ikstar Ltd and Bargain Buyz.

Sources and links

The full report on Ikstar Limited

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