Efb Holdings Limited in Walsall, WS2 9SQ

Description

Data updated on: 01-11-2023

The Efb Holdings Limited company has been operating offering its services for at least twenty five years, as it's been established in 1999. Registered under the number 03834285, Efb Holdings is a Private Limited Company located in European House, Walsall WS2 9SQ. 24 years ago the company changed its registered name from Gweco 124 to Efb Holdings Limited. The company's principal business activity number is 70100 and their NACE code stands for Activities of head offices. Efb Holdings Ltd filed its account information for the financial year up to 2021-07-31. The most recent annual confirmation statement was submitted on 2022-12-23.

The firm provides its services in transport and distribution business. Its FHRSID is PI/000202272. It reports to Walsall and its last food inspection was carried out on 2017-07-21 in EFB Holdings Ltd T/a European Food Brokers Ltd, Walsall, WS2 9SQ. The most recent quality assessment result obtained by the company is exempt, which translates as exept. The components comprising this value are the following inspection results: 5 for hygiene, 5 for its structural management and 5 for confidence in management.

Balbir C. is this particular firm's solitary managing director, that was appointed in 2010. Since February 2018 Ayodele A., had been functioning as a director for the following limited company until the resignation on 2023-07-12. Furthermore another director, specifically Jatinder C. gave up the position six years ago.

Previous company's names
Efb Holdings Limited 2000-11-08
Gweco 124 Limited 1999-09-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-07-31	2019-07-31	2020-07-31	2021-07-31
Currency

Balance Sheet
Cash Bank On Hand	8 989	20 500	15 623	3 257
Current Assets	328 845	348 302	441 699	433 230
Debtors	319 856	327 802	426 076	429 973
Other Debtors	319 856	327 802	426 076	429 973
Total Inventories	6 930 001	1 356 666	1 970 601

Other Financial Data
Audit Fees Expenses	41 800	72 330	56 500	70 000
Accrued Liabilities Deferred Income	10 800	41 000	38 000	29 400
Accumulated Amortisation Impairment Intangible Assets	792 344	820 227	848 110	18 736 375
Accumulated Depreciation Impairment Property Plant Equipment	67 484	1 184 811	1 193 913
Administrative Expenses	26 056 832	9 650 508	2 702 222
Amortisation Impairment Expense Intangible Assets	32 004	33 560
Amounts Owed To Group Undertakings	5 264 119	5 296 483	6 359 062	6 381 862
Average Number Employees During Period	2	2	2	2
Cash Cash Equivalents Cash Flow Value	-388 816	-2 508 217	-293 970
Cost Sales	58 537 829	17 967 574	6 726 090
Creditors	5 274 919	5 337 483	6 397 062	6 411 262
Deferred Income	14 333	7 525	7 525
Depreciation Amortisation Impairment Expense	277 219	277 219	28 602
Depreciation Impairment Expense Property Plant Equipment	341 765	730 324
Disposals Decrease In Amortisation Impairment Intangible Assets		130 941
Disposals Decrease In Depreciation Impairment Property Plant Equipment		77 273
Disposals Intangible Assets		155 554	1 514
Disposals Property Plant Equipment		226 309
Distribution Costs	406 948	162 769	91 302
Finished Goods Goods For Resale	6 930 001	1 356 666	1 970 601
Fixed Assets	1 879 754	3 950 907	647 150	10 200
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 255 520	448 748	278 500
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income	285 428	-157 368	-153 390
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-2 159 260	-610 694
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	2 395 481	-16 543
Gain Loss In Cash Flows From Change In Deferred Items	-3 625	-6 808
Gain Loss In Cash Flows From Change In Inventories	3 662 187	2 698 643
Gain Loss On Disposal Assets Income Statement Subtotal	170 857	-4 026
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures		6 874 169
Gain Loss On Disposals Property Plant Equipment	4 857	4 026
Government Grant Income			190 869	310 189
Gross Profit Loss	19 585 098	5 438 621	1 378 739
Income From Related Parties	5 970 210	8 606
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment		592 444
Increase Decrease In Amortisation Impairment Intangible Assets			27 883
Increase Decrease In Depreciation Impairment Property Plant Equipment		9 789	9 102
Increase From Amortisation Charge For Year Intangible Assets		27 883	312 280	636 950
Intangible Assets	-1 941 418	2 096 972	55 766
Intangible Assets Gross Cost	903 876	903 876	903 876
Interest Received Classified As Operating Activities	1 926	513
Investments Fixed Assets	5 000 100	3 950 907	10 200	10 200
Investments In Subsidiaries	5 000 100	3 950 907	10 200	10 200
Key Management Personnel Compensation Total	153 557	58 388	48 926
Legal Fees		365 264
Loans Owed By Related Parties	1 449 101	85 313	85 313
Loans Owed To Related Parties	65 445	6 217	6 217
Net Cash Flows From Used In Investing Activities	-70 400	1 234 493	37 113
Net Cash Flows From Used In Operating Activities	-2 318 416	-1 273 724	-256 857
Net Cash Inflow Outflow From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses Classified As Investing Activities		-1 127 573
Net Current Assets Liabilities	-4 946 074	-4 989 181	-5 955 363	-5 978 032
Net Interest Received Paid Classified As Investing Activities	1 926	513
Nominal Value Allotted Share Capital	750	750	750	750
Number Shares Issued Fully Paid		750	750	750
Operating Profit Loss	-6 592 111	-4 098 180	1 220 861
Other Creditors	9 280 683	3 345 773	3 316 663
Other Creditors Including Taxation Social Security Balance Sheet Subtotal	788 584	18 239	306 627
Other Interest Receivable Similar Income Finance Income	1 926	513
Other Operating Income Format1	799 139	276 476	193 924
Par Value Share		1	1	1
Payments To Related Parties	1 061 311	323 521	150 000
Pension Other Post-employment Benefit Costs Other Pension Costs	84 187	17 947	18 075
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income	1 005 202	112 218	39 530
Proceeds From Borrowings Classified As Financing Activities	2 000 000
Proceeds From Government Grants Classified As Investing Activities			190 869
Proceeds From Sales Intangible Assets	89 204	7 465
Proceeds From Sales Property Plant Equipment		7 465
Profit Loss	-3 005 206	-1 092 300	-4 269 939	-659 619
Profit Loss On Ordinary Activities After Tax		2 776 502	1 220 861
Profit Loss On Ordinary Activities Before Tax	-6 590 185	2 776 502	1 220 861
Property Plant Equipment Gross Cost	111 411	1 193 304	1 207 904
Purchase Intangible Assets	19 348		1 513
Purchase Property Plant Equipment		114 898	35 600
Purchase Property Plant Equipment Intangible Assets	142 182	114 898
Social Security Costs	814 175	87 466	94 184
Staff Costs Employee Benefits Expense	13 765 682	4 794 879	1 256 443
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	923	532	29 213
Tax Decrease From Utilisation Tax Losses	1 181 108	657 650	177 214
Tax Decrease Increase From Effect Revenue Exempt From Taxation		1 306 092
Tax Expense Credit Applicable Tax Rate	-1 252 135	527 535	231 964
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	-725
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-193 375	-66 003	26 287
Total Additions Including From Business Combinations Property Plant Equipment		114 898	14 600
Total Assets Less Current Liabilities	54 026	-1 038 274	-5 308 213	-5 967 832
Trade Creditors Trade Payables	5 200 250	1 103 673	260 205
Trade Debtors Trade Receivables	1 423 426	2 057 446	1 227 491
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Intangible Assets			-18 736 375
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Amortisation Impairment Intangible Assets			-17 787 145
Turnover Revenue	78 122 927	23 406 195	8 104 829
Wages Salaries	12 867 320	4 689 466	1 144 184
Advances Credits Directors	13 000	26 500	26 500
Advances Credits Made In Period Directors		13 500
Director Remuneration Benefits Including Payments To Third Parties	153 557	58 388	48 926