Pasab Limited in Walsall, WS4 2LA

Description

Data updated on: 01-11-2023

2003 marks the launching of Pasab Limited, a firm registered at 20 Hatherton Street, in Walsall. That would make 21 years Pasab has been on the market, as it was created on 2003-06-08. The company's registered no. is 04791222 and the postal code is WS4 2LA. The enterprise's SIC code is 47730: Dispensing chemist in specialised stores. The business latest annual accounts were submitted for the period up to 2021-12-31 and the most current annual confirmation statement was submitted on 2023-06-08.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Sandwell Council, with over 8 transactions from worth at least 500 pounds each, amounting to £723,876 in total. The company also worked with the Birmingham City (1 transaction worth £1,796 in total). Pasab was the service provided to the Sandwell Council Council covering the following areas: Strategic Resources.

According to this particular enterprise's register, since 2014 there have been three directors: Akshay P., Sandip J. and Manjit J.. In order to support the directors in their duties, the abovementioned company has been utilizing the skills of Sandip J. as a secretary since 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-08-31	2018-08-31	2019-08-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	926 192	1 074 738	202 062	1 319 958	203 462	20 765
Current Assets	4 176 256	5 745 012	3 032 313	4 176 595	2 552 251	4 803 714
Debtors	2 382 896	3 795 762	2 389 746	2 501 671	2 028 114	4 365 359
Net Assets Liabilities	1 343 479	978 318	3 231 459	3 268 007	3 190 077	2 907 383
Other Debtors	352 942	686 794	703 028	1 390 116	347 822	544 360
Property Plant Equipment	4 212 972	4 003 501	3 794 016	3 663 608	3 544 819
Total Inventories	867 168	874 512	440 505	354 966	320 675	417 590

Other Financial Data
Audit Fees Expenses	17 500	16 475	17 000
Accrued Liabilities Deferred Income	742 147	735 015	620 591	602 271	588 531	574 791
Accumulated Amortisation Impairment Intangible Assets	2 682 484	2 965 786	1 979 287	2 228 546	2 385 750	2 141 686
Accumulated Depreciation Impairment Property Plant Equipment	2 165 961	2 492 782	2 290 686	2 582 874	2 783 555	280 385
Additions Other Than Through Business Combinations Property Plant Equipment		117 350	27 334
Administrative Expenses	5 286 092	5 470 066	4 943 986	5 681 158	3 432 128	3 821 705
Amortisation Expense Intangible Assets	267 967	283 302	195 530	221 696	157 204	155 217
Amortisation Impairment Expense Intangible Assets		283 302	195 530
Amounts Owed By Associates Joint Ventures Participating Interests		366 174	421 256
Amounts Owed To Associates Joint Ventures Participating Interests		614 029	716 656
Average Number Employees During Period		162	139	118
Bank Borrowings	2 557 200	2 433 582	192 500		192 301	109 388
Bank Borrowings Overdrafts	2 571 732	2 433 582	245 589	184 716	1 290 979	2 009 568
Banking Arrangements Classified As Cash Cash Equivalents			-53 089
Bank Overdrafts	14 532		53 089	588 079	1 098 678	461 819
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	79 694	59 270	44 452
Cash Cash Equivalents Cash Flow Value	911 660	1 074 738	148 973	731 879	-895 216	-441 054
Corporation Tax Payable			73 051	108 972	34 010
Cost Sales	11 440 856	12 382 969	8 999 656	13 477 591	5 179 961	4 819 629
Creditors	84 241	41 535	620 591	786 987	588 531	2 879 678
Current Tax For Period			73 051	35 921
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-10 000	-5 000	286 000
Depreciation Expense Property Plant Equipment	292 139	306 396	215 646	292 188	202 182	199 756
Depreciation Impairment Expense Property Plant Equipment		326 821	215 646
Finance Lease Liabilities Present Value Total	84 241	41 535	39 735	39 735
Finance Lease Payments Owing Minimum Gross	128 576	83 374	39 735
Finished Goods Goods For Resale	867 168	874 512	440 505
Fixed Assets	7 196 500	6 703 727	5 140 192	4 735 188	4 459 194	4 039 985
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	212 251	123 618	-200 000
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	-29 000		46 000
Further Item Tax Increase Decrease Component Adjusting Items	-39 000	32 254
Future Minimum Lease Payments Under Non-cancellable Operating Leases		2 904 764	188 314	285 847	140 330	513 988
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss			2 555 307
Government Grant Income	13 740	13 740	13 740
Gross Profit Loss	4 381 318	4 569 533	4 028 594	4 169 706	2 786 184	2 942 686
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-163 078	-925 765	582 906	-1 627 095	454 162
Increase Decrease In Current Tax From Adjustment For Prior Periods			46 000
Increase From Amortisation Charge For Year Intangible Assets		283 302	195 530	221 696	157 204	155 217
Increase From Depreciation Charge For Year Property Plant Equipment		326 821	215 646	292 188	202 182	17 767
Intangible Assets	2 983 528	2 700 226	1 346 176	1 071 580	914 375	681 689
Intangible Assets Gross Cost	5 666 012	5 666 012	3 325 463	3 300 125	3 300 125	2 823 375
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	84 522	123 368	44 386
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	6 641
Interest Payable Similar Charges Finance Costs	91 163	123 368	44 386	95 154	70 609	117 019
Net Cash Flows From Used In Financing Activities		168 820	2 284 721	-149 860	106 058	-44 683
Net Cash Flows From Used In Investing Activities		117 350	-1 152 359	108 880	83 393	25 164
Net Cash Flows From Used In Operating Activities		-449 248	-206 597	-541 926	1 437 644	-434 643
Net Current Assets Liabilities	-5 637 280	-5 557 374	-829 642	-209 494	-198 985	1 924 036
Net Interest Paid Received Classified As Operating Activities	-91 163
Number Shares Issued Fully Paid		7		7	7	7
Operating Profit Loss	-531 034	-246 793	147 271	179 823	7 056	-195 070
Other Creditors	2 405 612	1 973 717	288 632	487 305	5 407	109 165
Other Disposals Decrease In Amortisation Impairment Intangible Assets			1 182 029
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			417 742
Other Disposals Intangible Assets			2 340 549
Other Disposals Property Plant Equipment			438 915
Other Operating Income Format1	373 740	653 740	1 062 663	1 691 275	653 000	683 949
Other Taxation Social Security Payable	56 977	105 118	102 877	257 823	10 658	36 245
Par Value Share		1		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-39 340	-45 202	-43 639		-39 735
Pension Other Post-employment Benefit Costs Other Pension Costs	11 166	24 155	35 261
Prepayments Accrued Income	299 413	507 360	404 401
Profit Loss	-583 197	-365 161	2 253 141	36 548	-74 454	-282 694
Profit Loss On Ordinary Activities Before Tax	-622 197	-370 161	2 658 192	84 669	-63 553	-312 089
Property Plant Equipment Gross Cost	6 378 933	6 496 283	6 084 702	6 246 482	6 328 374	394 761
Provisions For Liabilities Balance Sheet Subtotal	131 500	126 500	458 500	470 700	481 601	472 279
Purchase Intangible Assets	-460 000
Purchase Property Plant Equipment	-168 331	-117 350	-27 334	-163 780	-83 393	-35 695
Social Security Costs	237 950	234 836	185 827
Staff Costs Employee Benefits Expense	3 147 308	3 098 608	2 595 589
Taxation Including Deferred Taxation Balance Sheet Subtotal	131 500	126 500	458 500
Tax Decrease From Utilisation Tax Losses			157 353		-749	-48 736
Tax Decrease Increase From Effect Revenue Exempt From Taxation	2 690	2 611	2 611	3 481	2 611	14 040
Tax Expense Credit Applicable Tax Rate		-70 331	505 056	16 087	-12 075	-59 297
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	5 815	8 734	13 959	16 491	44 305	41 759
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	92 887	31 954
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-39 000	-5 000	405 051	48 121	10 901	-29 395
Total Assets Less Current Liabilities	1 559 220	1 146 353	4 310 550	4 525 694	4 260 209	5 964 021
Total Borrowings	2 571 732	2 433 582	245 589	745 724	1 290 979	571 207
Total Deferred Tax Expense Credit	-39 000	-5 000	332 000
Total Operating Lease Payments	449 108	453 908	244 446	502 738	217 955	234 108
Trade Creditors Trade Payables	3 992 733	5 399 086	2 178 135	2 036 360	1 212 155	1 871 869
Trade Debtors Trade Receivables	1 730 541	2 601 608	861 061	673 580	643 742	1 272 586
Turnover Revenue	15 822 174	16 952 502	13 028 250	17 647 297	7 966 145	7 762 315
Wages Salaries	2 898 192	2 839 617	2 374 501
Company Contributions To Defined Benefit Plans Directors	1 280	1 513	927
Director Remuneration Benefits Including Payments To Third Parties		342 072	220 997
Additional Provisions Increase From New Provisions Recognised				12 200	10 901	-9 322
Applicable Tax Rate			19	19	19	19
Comprehensive Income Expense			2 253 141	36 548	-77 930	-282 694
Depreciation Amortisation Expense			411 176	513 888	359 386	354 973
Disposals Decrease In Amortisation Impairment Intangible Assets				128 475		399 281
Disposals Decrease In Depreciation Impairment Property Plant Equipment						8 677
Disposals Intangible Assets				181 375		476 750
Disposals Property Plant Equipment				2 000		9 753
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					-3 476
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-4 696 358	-30 245	-2 051 363	823 801
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			1 406 017	-111 925	358 557	-390 517
Gain Loss On Disposal Assets Income Statement Subtotal						-89 400
Gain Loss On Disposals Property Plant Equipment						-89 400
Government Grants Payable				13 740	13 740	13 740
Income Taxes Paid Refund Classified As Operating Activities					-74 962	-34 010
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			-434 007	-85 539	-34 291	96 915
Interest Expense On Bank Loans Similar Borrowings			44 386	95 154	70 609	117 019
Interest Paid Classified As Operating Activities			-50 823	-95 154	-70 609	-117 019
Merchandise			440 505	354 966	320 675	417 590
Net Cash Generated From Operations			-257 420	-637 080	1 292 073	-585 672
Other Comprehensive Income Expense Net Tax					-3 476
Other Deferred Tax Expense Credit			332 000	12 200	10 901	-29 395
Prepayments			404 401	184 006	153 111	184 126
Proceeds From Sales Intangible Assets			2 555 307	-52 900		11 931
Proceeds From Sales Property Plant Equipment				-2 000		-22 462
Provisions			458 500	470 700	481 601	472 279
Recoverable Value-added Tax					12 275
Repayments Borrowings Classified As Financing Activities			-2 441 082	-150 140	-163 085
Tax Increase Decrease From Effect Capital Allowances Depreciation				6 824	-30 368	-17 158
Total Additions Including From Business Combinations Property Plant Equipment				163 780	83 393	30 805
Gain Loss On Disposals Intangible Assets			2 555 307
Proceeds From Borrowings Classified As Financing Activities			-200 000	-300 000
Purchase Other Long-term Assets Classified As Investing Activities			-3 735 000