Inktec Europe Limited in Witney, OX29 0SZ

Description

Data updated on: 01-11-2023

Inktec Europe is a firm situated at OX29 0SZ Witney at Bulford House Supergas Industrial Estate, Downs Road. This enterprise has been in existence since 2003 and is registered under the identification number 04665601. This enterprise has been on the British market for twenty one years now and company state is active. Registered as Lfp Products, the company used the name up till July 24, 2014, when it was replaced by Inktec Europe Limited. The company's declared SIC number is 46900 and their NACE code stands for Non-specialised wholesale trade. Inktec Europe Ltd filed its account information for the financial period up to Sat, 31st Dec 2022. Its most recent confirmation statement was released on Mon, 13th Feb 2023.

Dong-Soo K. is the firm's solitary managing director, that was assigned this position in 2007. Since January 2014 Jae K., had been performing the duties for this business until the resignation on January 1, 2022. As a follow-up a different director, including Chang-Sun C. quit in 2012.

Previous company's names
Inktec Europe Limited 2014-07-24
Lfp Products Limited 2003-02-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Current Assets	2 521 359	2 915 582	4 107 399	3 974 670	3 159 412	3 145 165	3 393 517
Property Plant Equipment	100 926	101 331	120 386
Total Inventories	1 562 857	1 701 099	2 639 040	2 527 524	2 003 059	2 294 527	2 277 419

Other Financial Data
Salaries Fees Directors	147 725	125 692	126 916	125 221	114 764	109 906	127 025
Company Contributions To Money Purchase Plans Directors					1 204	1 319	1 321
Number Directors Accruing Benefits Under Money Purchase Scheme					1	1	1
Accumulated Depreciation Impairment Property Plant Equipment	131 903	173 250	227 025	300 308	300 380	394 388	484 303
Administrative Expenses	1 226 834	1 218 568	1 261 081	1 098 384	1 313 678	891 282	1 249 856
Balances With Banks	173 489	145 002	211 462	235 008	172 142	210 772	215 769
Cash Cash Equivalents	174 367	145 997	212 366	235 644	172 889	211 466	216 513
Cash Cash Equivalents Cash Flow Value	174 367	145 997	212 366	235 644	172 889	211 466	216 513
Cash On Hand	878	995	904	636	747	694	744
Comprehensive Income Expense	-184 277	-185 795	-147 107	202 334	-55 106	417 708	270
Cost Inventories Recognised As Expense Gross	3 457 297	3 988 574	4 525 823	5 416 559	3 686 278	3 515 973	3 831 879
Cost Sales	3 457 297	3 988 574	4 525 823	5 416 559	3 686 278	3 515 973	3 831 879
Depreciation Amortisation Expense	37 922	41 347	53 775	120 783	109 718	94 007	89 922
Depreciation Expense Property Plant Equipment	37 924	41 347	53 775	49 752	39 475	34 382	26 152
Equity Liabilities	2 622 285	3 016 913	4 227 785	4 371 757	3 449 851	3 386 084	3 602 301
Finished Goods	1 562 857	1 701 099	2 639 040	2 527 524	2 003 059	2 294 527	2 277 419
Future Minimum Lease Payments Under Non-cancellable Operating Leases	80 806	74 771	86 400
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	545 234	580 423	1 357 979	-381 978	-1 496 607	-432 029	421 494
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-153 778	-284 351	-187 507	44 491	231 487	340 843	-260 413
Gain Loss In Cash Flows From Change In Inventories	-277 631	-138 242	-937 941	111 516	524 465	-291 468	17 108
Gain Loss On Disposal Assets Income Statement Subtotal	-108
Gain Loss On Disposals Property Plant Equipment	-108
Gross Profit Loss	1 022 432	1 032 724	1 113 974	1 326 247	1 191 214	1 324 140	1 298 224
Income Taxes Paid Refund Classified As Operating Activities	1 999						-32 177
Income Tax Expense Credit	-20 125					43 224	1 792
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-69 700	-28 370	66 369	23 278	-62 755	38 577	5 047
Increase From Depreciation Charge For Year Property Plant Equipment		41 347	53 775	120 784	109 718	94 008	89 915
Interest Income On Bank Deposits		49
Interest Received Classified As Investing Activities		-49
Net Cash Flows From Used In Investing Activities	19 152	41 703	72 830	7 261	3 070	26 797	23 442
Net Cash Flows From Used In Operating Activities	50 548	-13 333	-139 199	-97 146	686 043	-172 285	-237 996
Net Cash Generated From Operations	52 547	-13 333	-139 199	-122 675	653 286	-239 121	-316 479
Number Shares Issued Fully Paid		72 700	72 700	72 700	72 700	72 700	72 700
Operating Profit Loss	-204 402	-185 844	-147 107	227 863	-22 349	527 768	48 368
Other Deferred Tax Expense Credit	-18 126					11 047	-712
Par Value Share		1	1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	1 434	4 082	6 451	9 187		10 337	10 252
Prepayments	28 155	2 552	29 025	49 042	31 787	46 583	51 325
Proceeds From Sales Property Plant Equipment	-1 100
Profit Loss	-184 277	-185 795	-147 107	202 334	-55 106	417 708	270
Profit Loss Before Tax	-204 402	-185 795	-147 107	202 334	-55 106	460 932	2 062
Property Plant Equipment Gross Cost	232 829	274 581	347 411	697 395	590 819	635 307	693 087
Purchase Property Plant Equipment	-20 252	-41 752	-72 830	-7 261	-3 070	-26 797	-23 442
Social Security Costs	62 345	64 664	75 636	83 852		67 812	67 097
Staff Costs Employee Benefits Expense	610 358	641 500	758 117	822 709		673 761	665 615
Total Additions Including From Business Combinations Property Plant Equipment		41 752	72 830	397 485	3 070	44 488	57 780
Total Assets	2 622 285	3 016 913	4 227 785	4 371 757	3 449 851	3 386 084	3 602 301
Total Liabilities	2 202 265	2 782 688	4 140 667	4 082 305	3 215 505	2 734 030	2 949 977
Total Operating Lease Payments	27 314	26 670	31 594
Trade Creditors Trade Payables	2 115 155	2 714 207	4 104 105	3 747 201	1 982 609	1 654 569	2 051 449
Trade Debtors Trade Receivables	722 900	1 008 847	1 141 555	1 119 756	944 905	589 266	840 757
Trade Other Payables	2 202 265	2 782 688	4 140 667	3 758 689	2 262 082	1 830 053	2 251 547
Trade Other Receivables	784 135	1 068 486	1 255 993	1 211 502	983 464	639 172	899 585
Turnover Revenue	4 479 729	5 021 298	5 639 797	6 742 806	4 877 492	4 840 113	5 130 103
Wages Salaries	546 579	572 754	676 030	729 670		595 612	588 266
Applicable Tax Rate					19	19	19
Average Number Employees During Period				18	16	14	14
Bank Borrowings					700 000	651 667	511 667
Current Liabilities			4 140 667	3 828 476	2 370 834	2 064 761	2 471 658
Current Tax For Period						32 177	2 504
Current Tax Liabilities						32 177	2 504
Disposals Decrease In Depreciation Impairment Property Plant Equipment				47 501	109 646
Disposals Property Plant Equipment				47 501	109 646
Financial Liabilities				253 829	844 671	658 222	467 984
Interest Expense On Bank Loans Similar Borrowings					9 972	46 834	31 200
Interest Expense On Bank Overdrafts						564
Interest Expense On Contract Liabilities				24 897	22 027
Interest Paid Classified As Operating Activities					-9 972	-47 398	-31 200
Interest Payable Similar Charges Finance Costs				25 529	32 757	66 836	46 306
Loans To Directors					3 449
Net Cash Flows From Used In Financing Activities				66 607	-626 358	106 911	209 507
Net Deferred Tax Liability Asset						11 047	10 335
Non-current Assets			120 386	397 087	290 439	240 919	208 784
Non-current Liabilities					844 671	669 269	478 319
Other Interest Expense				632	758
Other Operating Income					100 115	94 910
Other Payables					467
Other Taxation Social Security Payable					106 935	151 553	174 179
Payments Lease Liabilities Classified As Financing Activities				-66 607	-70 193	-62 027	-69 507
Proceeds From Borrowings Classified As Financing Activities					-700 000
Property Plant Equipment Excluding Right-of-use Assets			120 386	104 195	67 790	60 205	57 495
Property Plant Equipment Including Right-of-use Assets			120 386	397 087	290 439	240 919	208 784
Property Plant Equipment Right-of-use Assets				292 892	222 649	180 714	151 289
Repayments Borrowings Classified As Financing Activities						-48 333	-140 000
Tax Expense Credit Applicable Tax Rate					-10 470	87 577	392
Total Borrowings				69 787	953 423	860 753	685 591

Company staff

Dong-Soo K.

Role: Director

Appointed: 05 March 2007

Latest update: 5 April 2024

Jae K.

Role: Director

Appointed: 06 January 2014

Resigned: 01 January 2022

Latest update: 5 April 2024

Chang-Sun C.

Role: Director

Appointed: 01 March 2011

Resigned: 31 March 2012

Latest update: 5 April 2024

Rachel S.

Role: Secretary

Appointed: 01 February 2008

Resigned: 24 July 2019

Latest update: 5 April 2024

Ho C.

Role: Director

Appointed: 01 October 2006

Resigned: 01 March 2011

Latest update: 5 April 2024

Kenneth O.

Role: Director

Appointed: 01 October 2005

Resigned: 31 December 2007

Latest update: 5 April 2024

Michael M.

Role: Director

Appointed: 13 February 2003

Resigned: 31 December 2007

Latest update: 5 April 2024

Hanne M.

Role: Secretary

Appointed: 13 February 2003

Resigned: 01 February 2008

Latest update: 5 April 2024

Abergan Reed Limited

Role: Corporate Nominee Director

Appointed: 13 February 2003

Resigned: 13 February 2003

Address: Lyminge, Folkestone, Kent, CT18 8EY

Latest update: 5 April 2024

Abergan Reed Nominees Limited

Role: Corporate Nominee Secretary

Appointed: 13 February 2003

Resigned: 13 February 2003

Address: Castle Hill Avenue, Folkestone, Kent, CT20 2RD

Latest update: 5 April 2024

People with significant control

Dongsoo K. is the individual with significant control over this firm, has substantial control or influence over the company.

Dongsoo K.

Notified on 12 February 2017

Nature of control:

substantial control or influence

Jae K.

Notified on 12 February 2017

Ceased on 1 January 2022

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	27 February 2024
Confirmation statement last made up date	13 February 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Inktec Europe Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dong-Soo K.

Jae K.

Chang-Sun C.

Rachel S.

Ho C.

Kenneth O.

Michael M.

Hanne M.

Abergan Reed Limited

Abergan Reed Nominees Limited

People with significant control

Dongsoo K.

Jae K.

Accounts Documents

Company filings

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