Encial Group Limited in London, SW1Y 4JU

Description

Data updated on: 01-11-2023

Encial Group Limited could be found at 8 St James's Square, St James's in London. Its area code is SW1Y 4JU. Encial Group has been operating on the market since the firm was registered in 2013. Its registration number is 08430246. The firm's registered with SIC code 46900 which stands for Non-specialised wholesale trade. September 30, 2022 is the last time when the company accounts were reported.

Concerning the following company, just about all of director's assignments have so far been carried out by Xiaoyang Z. who was designated to this position in 2014. That company had been directed by Zhimin Y. till 2022. What is more a different director, namely Jianfeng G. quit in June 2015.

Xiaoyang Z. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-09-30	2021-09-30	2022-09-30
Currency	USD	USD	USD	USD	USD	USD

Balance Sheet
Cash Bank On Hand	12 850 523	14 075 978	3 126 264	27 845 114	6 269 434	5 897 710
Current Assets	45 097 463	15 309 184	14 746 234	34 044 870	7 128 351	6 336 440
Debtors	32 246 940	325 244	3 670 019	5 628 289	614 933	194 746
Net Assets Liabilities	-4 475 089	634 433	777 929	-2 208 950	-2 964 648	-3 595 709
Other Debtors	51 835	224 906	3 460 034	5 578 807	591 389	111 003
Property Plant Equipment	1		1 068	267
Total Inventories		907 962	7 949 951	571 467	271 576	243 984

Other Financial Data
Audit Fees Expenses	9 005	8 495	7 825	7 000
Accrued Liabilities Deferred Income	1 256 844	1 526 843	814 146	2 944 457
Accumulated Depreciation Impairment Property Plant Equipment	18 307	18 308	18 842	19 643	19 109
Administrative Expenses	1 218 434	1 784 346	1 251 939	1 643 034
Average Number Employees During Period			4	4	3	3
Bank Borrowings				3 144 543	2 840 012
Bank Borrowings Overdrafts					4 492 367	4 492 000
Bank Overdrafts				30 000 000	5 000 408
Cash Cash Equivalents Cash Flow Value	12 850 523	14 075 978	3 126 264	27 845 114
Comprehensive Income Expense	-1 375 576	109 522	143 496	-2 986 879
Cost Sales	200 766 777	97 512 667	18 622 210	40 367 749
Creditors	17 000 000	6 700 000	10 000 000	33 109 544	8 394 403	7 531 475
Depreciation Expense Property Plant Equipment	4 869	1	534	801
Depreciation Impairment Expense Property Plant Equipment			534	801
Finished Goods Goods For Resale			7 949 951	571 467
Future Minimum Lease Payments Under Non-cancellable Operating Leases	74 394	81 263	77 441	37 868
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-1 880	5 090	-319	-2 340
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	28 461 967	-29 597 802	-603 668	-740 171
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-28 721 800	31 921 695	-3 344 774	1 958 270
Gain Loss In Cash Flows From Change In Inventories			7 041 989	-7 378 484
Gross Profit Loss	1 774 814	2 454 618	598 110	585 590
Income Taxes Paid Refund Classified As Operating Activities		-1 711	-1 711
Increase From Depreciation Charge For Year Property Plant Equipment		1	534	801	267
Interest Payable Similar Charges Finance Costs	1 932 219	568 044	-706 180	2 141 000
Interest Received Classified As Investing Activities			-43 351	-211 565
Net Cash Flows From Used In Operating Activities	1 630 803	-1 516 450	10 891 463	-2 962 742
Net Cash Generated From Operations	-301 416	-2 084 494	11 595 932	-5 103 742
Net Current Assets Liabilities	12 524 910	7 334 433	10 776 861	935 326	-413 181	-1 195 035
Net Finance Income Costs			43 351	211 565
Net Interest Paid Received Classified As Operating Activities			706 180	-2 141 000
Operating Profit Loss	556 380	670 272	-606 035	-1 057 444
Other Creditors	173 206	178 027	1 413 587	27 210	2 950 506	2 947 601
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					801
Other Disposals Property Plant Equipment					801
Other Interest Expense			-706 180	2 141 000
Other Interest Income			43 351	211 565
Other Interest Receivable Similar Income Finance Income	263	9 005	43 351	211 565
Other Inventories					243 984	243 984
Other Operating Income Format1			47 794
Other Remaining Borrowings	5 000 000	6 700 000	10 000 000	33 144 543
Other Taxation Social Security Payable	20 761	23 251	15 891	16 779
Pension Other Post-employment Benefit Costs Other Pension Costs	91 108	95 041	87 758	133 403
Prepayments Accrued Income	37 745	45 930	43 165	3 894	4 416	4 530
Profit Loss	-1 375 576	109 522	143 496	-2 986 879
Profit Loss On Ordinary Activities Before Tax	-1 375 576	111 233	143 496	-2 986 879
Property Plant Equipment Gross Cost	18 308	18 308	19 910	19 910	19 109
Purchase Property Plant Equipment			-1 602
Repayments Borrowings Classified As Financing Activities			-100 000	21 544 543
Social Security Costs	61 138	56 546	59 246	87 389
Staff Costs Employee Benefits Expense	598 420	685 148	652 863	990 185
Taxation Social Security Payable				16 779	16 029	9 153
Tax Decrease From Utilisation Tax Losses	-232 884	598 917	-519 280
Tax Decrease Increase From Effect Revenue Exempt From Taxation			-33 288
Tax Expense Credit Applicable Tax Rate	-275 115	21 134	27 264	-567 507
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	41 257	579 494	-579 832	152
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				567 355
Total Assets Less Current Liabilities	12 524 911	7 334 433	10 777 929	935 593	-413 181	-1 195 035
Total Borrowings			10 000 000	3 144 543
Trade Creditors Trade Payables	31 121 742	1 244 920	125 749	121 098	82 630	82 721
Trade Debtors Trade Receivables	32 157 360	54 408	147 628	45 588	79 213	79 213
Turnover Revenue	202 541 591	99 967 285	19 220 320	40 953 339
Wages Salaries	446 174	533 561	505 859	769 393
Company Contributions To Defined Benefit Plans Directors			63 396	84 287
Director Remuneration	300 025	354 587	340 219	604 592
Director Remuneration Benefits Including Payments To Third Parties			403 615	688 879
Applicable Tax Rate	20	19	19
Corporation Tax Payable		1 711
Current Tax For Period		1 711
Depreciation Amortisation Expense	4 869	1	534
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	2 737 223	1 225 455	-10 949 714
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		907 962	7 041 989
Interest Expense On Bank Loans Similar Borrowings	1 932 219	568 044	-706 180
Interest Paid Classified As Operating Activities	-1 932 219	-568 044	706 180
Issue Equity Instruments		5 000 000
Merchandise		907 962	7 949 951
Net Cash Flows From Used In Financing Activities	-4 367 763	300 000	100 000
Net Cash Flows From Used In Investing Activities	-263	-9 005	-41 749
Net Interest Received Paid Classified As Investing Activities	-263	-9 005	-43 351
Number Shares Issued Fully Paid		500 000	500 000
Par Value Share		1	1
Proceeds From Borrowings Classified As Financing Activities	-4 367 763	300 000
Recoverable Value-added Tax		33 304	19 192
Tax Increase Decrease From Effect Capital Allowances Depreciation	974
Tax Tax Credit On Profit Or Loss On Ordinary Activities		1 711
Total Additions Including From Business Combinations Property Plant Equipment			1 602
Total Operating Lease Payments	229 408	248 840	235 508