European Food Brokers Limited in Walsall, WS2 9SQ

Description

Data updated on: 01-11-2023

European Food Brokers Limited with Companies House Reg No. 02596840 has been on the market for 34 years. The Private Limited Company can be contacted at European House, Darlaston Road, Walsall and its area code is WS2 9SQ. The company's registered with SIC code 47250 which stands for Retail sale of beverages in specialised stores. European Food Brokers Ltd released its latest accounts for the financial period up to Sat, 31st Jul 2021. Its most recent annual confirmation statement was released on Tue, 29th Aug 2023.

European Food Brokers Ltd is a medium-sized vehicle operator with the licence number OC1115702. The firm has one transport operating centre in the country. In their subsidiary in Nelson on Bradley Hall Road, 8 machines and 2 trailers are available.

Having 16 recruitment advert since 2014/07/31, the firm has been among the most active ones on the job market. Most recently, it was employing job candidates in Walsall. They search for applicants for such posts as for example: Payroll Administrator, Receptionist and Finance Personnel.

According to the latest update, there’s only one director in the company: Balbir C. (since 2010-03-01). This company had been presided over by Ayodele A. until 2023-07-12. Furthermore a different director, including Keith S. gave up the position twenty five years ago.

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	2 378 089	779 773	178 384	528 601
Current Assets	23 833 157	12 355 237	10 070 875	10 342 845
Debtors	17 948 768	10 218 798	8 690 928	8 314 930
Other Debtors	743 963	1 510 638	126 627	26 500
Property Plant Equipment	1 096 037	446 990	426 976	415 456
Total Inventories	3 506 300	1 356 666	1 201 563	1 499 314

Other Financial Data
Audit Fees Expenses	25 500	26 775	27 000
Accrued Liabilities Deferred Income	471 797	263 993	222 303	611 710
Accumulated Amortisation Impairment Intangible Assets	15 450 512	17 464 428	329 726	357 609
Accumulated Depreciation Impairment Property Plant Equipment	2 446 041	3 081 353	3 101 367	3 112 887
Administrative Expenses	7 960 619	4 170 400	2 441 526
Amortisation Expense Intangible Assets	1 405 260	964 723	652 443
Amounts Owed By Group Undertakings	15 897 318	6 633 135	7 303 845	7 466 220
Amounts Owed To Group Undertakings	1 013 500	85 593	86 493	87 393
Average Number Employees During Period	86	53	35	23
Balances Amounts Owed By Related Parties			85 313
Balances Amounts Owed To Related Parties	2 065 793	2 006 217	2 000 000	2 000 000
Cost Sales	49 272 927	16 140 938	6 494 213
Creditors	7 844 468	3 419 013	2 762 431	3 749 765
Depreciation Amortisation Impairment Expense	1 322 462	5 748 485	1 690 049
Depreciation Expense Property Plant Equipment	86 919	53 164	20 014
Distribution Costs	271 092	162 769	91 302
Dividends Paid On Shares	3 671 355	1 657 439
Finished Goods Goods For Resale	3 506 300	1 356 666	1 201 563
Fixed Assets	4 778 395	2 115 531	492 744	453 341
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss	-1 687 726	-5 748 486	-1 690 049
Further Item Tax Increase Decrease Component Adjusting Items	6 010	183 297
Future Minimum Lease Payments Under Non-cancellable Operating Leases	320 248	317 686	151 725	152 090
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	285 428	157 368	153 390
Gain Loss On Disposal Assets Income Statement Subtotal		-1
Gain Loss On Disposals Property Plant Equipment		4 061
Government Grant Income			84 430
Gross Profit Loss	4 486 395	1 138 530	885 284
Impairment Loss Intangible Assets	5 339 735	1 049 193
Impairment Loss Property Plant Equipment		592 444
Impairment Loss Reversal On Investments	5 349 734	1 049 193
Income From Related Parties	5 971 086	8 606	150 000
Increase From Amortisation Charge For Year Intangible Assets		964 723	652 443	27 883
Increase From Depreciation Charge For Year Property Plant Equipment		53 164	20 014	11 520
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets		1 049 193
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		592 444
Intangible Assets	3 671 355	1 657 439	55 766	27 883
Intangible Assets Gross Cost	19 121 867	19 121 867	385 492
Interest Income On Bank Deposits	1 926	513
Investments Fixed Assets	11 003	11 102	10 002	10 002
Investments In Group Undertakings Participating Interests			10 002	10 002
Investments In Subsidiaries	11 003	11 102	10 002
Legal Fees	365 264
Net Assets Liabilities Subsidiaries		498	1 000
Net Current Assets Liabilities	15 988 689	8 936 224	7 308 444	6 593 080
Nominal Value Allotted Share Capital	8 000 000	8 000 000	8 000 000	8 000 000
Number Shares Allotted		8 000 000	8 000 000
Number Shares Issued Fully Paid				8 000 000
Operating Profit Loss	-4 662 844	-8 666 649	-3 250 567
Other Creditors	2 097 432	2 000 000	2 000 000	2 007 253
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		10 296
Other Disposals Property Plant Equipment		13 735
Other Interest Receivable Similar Income Finance Income	1 926	513
Other Operating Income Format1	770 198	276 476	87 026
Other Taxation Social Security Payable	444 570	18 030	198 309	122 854
Par Value Share		1	1	1
Payments To Related Parties	1 063 838	454 607	150 000
Pension Other Post-employment Benefit Costs Other Pension Costs	20 832	16 498	12 923
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	52 284	60 572	32 965	29 296
Profit Loss	-10 010 652	-9 715 329	-3 250 567
Profit Loss On Ordinary Activities Before Tax	-10 010 652	-9 715 329	-3 250 567
Profit Loss Subsidiaries		-29	92 858
Property Plant Equipment Gross Cost	3 542 078	3 528 343	3 528 343
Social Security Costs	222 602	80 348	70 798
Staff Costs Employee Benefits Expense	3 011 610	1 308 567	887 928
Tax Expense Credit Applicable Tax Rate	-1 902 024	-1 845 913	-617 608
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 282 418	1 414 456	461 414
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	353 485	244 015	156 194
Total Assets Less Current Liabilities	20 767 084	11 051 755	7 801 188	7 046 421
Total Operating Lease Payments	791 523	340 248	208 549
Trade Creditors Trade Payables	3 817 169	1 051 397	255 326	920 555
Trade Debtors Trade Receivables	1 255 203	2 014 453	1 227 491	792 914
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	53 759 322	17 279 468	7 379 497
Wages Salaries	2 768 176	1 211 721	804 207
Advances Credits Directors	13 000	26 500	26 500	26 500
Advances Credits Made In Period Directors		13 500
Director Remuneration	153 557	58 388	48 926