Sabichi Homewares Limited in Perivale, UB6 7JD

Description

Data updated on: 01-11-2023

This firm is widely known under the name of Sabichi Homewares Limited. The firm was founded 30 years ago and was registered with 02947642 as the registration number. The headquarters of this company is situated in Perivale. You can reach them at Sabichi House, 5 Wadsworth Road. The company has been on the market under three previous names. The company's very first name, Bagga Products, was changed on 2003-11-10 to Sabichi Housewares. The current name, used since 2003, is Sabichi Homewares Limited. This business's principal business activity number is 46499, that means Wholesale of household goods (other than musical instruments) n.e.c.. Sabichi Homewares Ltd released its latest accounts for the financial period up to Monday 31st October 2022. The company's most recent annual confirmation statement was filed on Wednesday 11th January 2023.

Having two job advert since 2015/01/28, the enterprise has been active on the job market. On 2015/02/27, it was recruiting new employees for a full time Sales Administrator position in Worksop, and on 2015/01/28, for the vacant position of a full time Receptionist/Sales Support in Greenford.

When it comes to this particular company's register, since April 2010 there have been four directors to name just a few: Sachin B., Sabrina P. and Tarsem B.. In order to support the directors in their duties, the company has been utilizing the skills of Mukesh B. as a secretary for the last 30 years.

Previous company's names
Sabichi Homewares Limited 2003-11-19
Sabichi Housewares Limited 2003-11-10
Bagga Products Limited 1994-07-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-10-31	2021-10-31	2022-10-31
Currency

Balance Sheet
Cash Bank On Hand	798 540	1 322 210	805 764
Current Assets	12 103 027	13 116 597	13 122 403
Debtors	7 390 910	6 940 782	7 169 645
Net Assets Liabilities	7 672 917	9 134 537	9 195 752
Other Debtors	501 312	402 930	15 331
Property Plant Equipment	2 451 887	2 465 270	2 459 352
Total Inventories	3 913 577	4 853 605	5 146 994

Other Financial Data
Audit Fees Expenses	8 240	8 500	8 900
Accrued Liabilities Deferred Income	428 994	300 267	361 373
Accumulated Amortisation Impairment Intangible Assets	116 005	198 258	280 511
Accumulated Depreciation Impairment Property Plant Equipment	327 700	182 199	198 967
Additions Other Than Through Business Combinations Property Plant Equipment		28 900	10 850
Administrative Expenses	2 361 630	2 705 573	2 891 178
Amortisation Expense Intangible Assets	45 587	82 253	82 253
Amortisation Impairment Expense Intangible Assets	45 587	82 253	82 253
Amounts Owed To Group Undertakings	21 063	21 063	21 063
Average Number Employees During Period	53	61	61
Bank Borrowings	5 966 043	5 233 243	5 669 454
Bank Borrowings Overdrafts	1 888 791	1 805 177	1 679 217
Cash Cash Equivalents Cash Flow Value	798 540	1 322 210	805 764
Comprehensive Income Expense	1 068 816	1 711 620	511 215
Corporation Tax Payable	271 804	407 685
Corporation Tax Recoverable			68 101
Cost Sales	18 364 905	24 314 057	25 234 391
Creditors	1 888 791	1 805 177	1 679 217
Current Tax For Period	270 948	407 684	132 031
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-9 067	2 808	-908
Depreciation Expense Property Plant Equipment	15 828	15 517	16 768
Depreciation Impairment Expense Property Plant Equipment	15 828	15 517	16 768
Distribution Costs	2 045 169	2 505 846	2 733 163
Dividends Paid		250 000	450 000
Dividends Paid Classified As Financing Activities		-250 000	-450 000
Dividends Paid On Shares Final		250 000	450 000
Finished Goods Goods For Resale	3 913 577	4 853 605	5 146 994
Fixed Assets	3 158 416	3 089 546	3 001 375
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	20 823	1 920 165	547 188
Further Item Tax Increase Decrease Component Adjusting Items	-9 067	2 808	-908
Future Minimum Lease Payments Under Non-cancellable Operating Leases	51 307	41 504	24 736
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-239 365	-590 940	466 865
Gain Loss On Disposals Property Plant Equipment	-9 365
Government Grant Income	25 509	1 880
Gross Profit Loss	5 668 404	7 130 359	6 141 354
Income Taxes Paid Refund Classified As Operating Activities	-76 490	-271 803	-607 817
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-523 670	516 446
Increase From Amortisation Charge For Year Intangible Assets		82 253	82 253
Increase From Depreciation Charge For Year Property Plant Equipment		15 517	16 768
Intangible Assets	706 528	624 275	542 022
Intangible Assets Gross Cost	822 533	822 533
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	41 627	44 303	54 108
Interest Paid Classified As Operating Activities		-44 303	-54 108
Interest Payable Similar Charges Finance Costs	41 627	44 303	54 108
Investments Fixed Assets	1	1	1
Investments In Subsidiaries	1	1	1
Net Assets Liabilities Subsidiaries		230 793	-230 793
Net Cash Flows From Used In Operating Activities	1 953 071	-1 535 370
Net Cash Generated From Operations	1 834 954	-1 851 476	-170 118
Net Current Assets Liabilities	6 492 959	7 942 643	7 965 161
Net Interest Paid Received Classified As Operating Activities	-41 627	-44 303
Operating Profit Loss	1 372 324	2 166 415	696 446
Other Creditors	265		121 877
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		161 018
Other Disposals Property Plant Equipment		161 018
Other Operating Income Format1	110 719	247 475	179 433
Other Taxation Social Security Payable	50 764	158 353	116 685
Pension Other Post-employment Benefit Costs Other Pension Costs	55 192	64 787	65 059
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	69 892	88 690	102 711
Proceeds From Sales Property Plant Equipment	-61 000
Profit Loss	1 068 816	1 711 620	511 215
Profit Loss On Ordinary Activities Before Tax	1 330 697	2 122 112	642 338
Property Plant Equipment Gross Cost	2 779 587	2 647 469	2 658 319
Purchase Intangible Assets	-550 000
Purchase Property Plant Equipment	-8 129	-28 900	-10 850
Revenue From Royalties Licences Similar Items		70 490
Social Security Costs	169 166	177 444	197 720
Staff Costs Employee Benefits Expense	2 077 161	2 408 802	2 539 645
Taxation Including Deferred Taxation Balance Sheet Subtotal	89 667	92 475	91 567
Tax Expense Credit Applicable Tax Rate	252 832	403 201	122 044
Tax Increase Decrease From Effect Capital Allowances Depreciation	8 998	-4 455	297
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	9 975	8 938	9 560
Tax Tax Credit On Profit Or Loss On Ordinary Activities	261 881	410 492	131 123
Total Assets Less Current Liabilities	9 651 375	11 032 189	10 966 536
Total Borrowings	1 888 791	1 805 177	1 679 217
Total Operating Lease Payments	132 701	148 111	128 380
Trade Creditors Trade Payables	759 926	858 520	546 007
Trade Debtors Trade Receivables	6 819 706	6 449 162	6 983 502
Turnover Revenue	24 033 309	31 444 416	31 375 745
Wages Salaries	1 852 803	2 166 571	2 276 866
Company Contributions To Defined Benefit Plans Directors	25 563	26 446	25 611
Director Remuneration	318 039	325 574	358 206
Director Remuneration Benefits Including Payments To Third Parties	343 602	352 020	383 817

Company staff

Sachin B.

Role: Director

Appointed: 14 April 2010

Latest update: 6 May 2024

Sabrina P.

Role: Director

Appointed: 01 November 2006

Latest update: 6 May 2024

Tarsem B.

Role: Director

Appointed: 12 July 1994

Latest update: 6 May 2024

Mukesh B.

Role: Secretary

Appointed: 12 July 1994

Latest update: 6 May 2024

Mukesh B.

Role: Director

Appointed: 12 July 1994

Latest update: 6 May 2024

People with significant control

The companies that control this firm include: Bagga Holdings Ltd owns over 3/4 of company shares. This business can be reached in Sutton at Robin Hood Lane, SM1 2SW and was registered as a PSC under the registration number 11710294.

Bagga Holdings Ltd

Address: 5 Robin Hood Lane, Sutton, SM1 2SW, England

Legal authority English

Legal form Limited

Country registered United Kingdom

Place registered Companies House

Registration number 11710294

Notified on 31 January 2019

Nature of control:

over 3/4 of shares

Tarsem B.

Notified on 1 November 2016

Ceased on 31 January 2019

Nature of control:

right to manage directors

substantial control or influence

Accounts Documents

Account next due date	31 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	25 January 2024
Confirmation statement last made up date	11 January 2023

Annual Accounts
Start Date For Period Covered By Report	2020-11-01
End Date For Period Covered By Report	2021-10-31
Annual Accounts
Start Date For Period Covered By Report	2021-11-01
End Date For Period Covered By Report	2022-10-31

Sales Administrator in Worksop, posted on Friday 27th February 2015
Region / City	Midlands, Worksop
Industry	retail industry
Experience	less than one year
Job type	full time
Career level	entry level employees
Education level	a GCSE (Scottish or equivalent)
Application by email	craig.brooks@sabichi.co.uk


Receptionist/Sales Support in Greenford, posted on Wednesday 28th January 2015
Region / City	London, Greenford
Industry	Wholesale trade/import-export
Salary	From £16000.00 to £18000.00 per year
Job type	full time
Job reference code	Sabichi

Sales Administrator in Worksop, posted on Friday 27th February 2015

Region / City

Midlands, Worksop

Industry

retail industry

Experience

less than one year

Job type

full time

Career level

entry level employees

Education level

a GCSE (Scottish or equivalent)

Application by email

craig.brooks@sabichi.co.uk

Receptionist/Sales Support in Greenford, posted on Wednesday 28th January 2015

Region / City

London, Greenford

Industry

Wholesale trade/import-export

Salary

From £16000.00 to £18000.00 per year

Job type

full time

Job reference code

Sabichi

Sabichi Homewares Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Sachin B.

Sabrina P.

Tarsem B.

Mukesh B.

Mukesh B.

Waterlow Secretaries Limited

Waterlow Nominees Limited

People with significant control

Bagga Holdings Ltd

Tarsem B.

Accounts Documents

Jobs and Vacancies at Sabichi Homewares Ltd

Company filings

Filing category

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