Shpep Ltd in Evesham, WR11 1GS

Description

Data updated on: 01-11-2023

2018 is the year of the founding of Shpep Ltd, a company located at Plumbworld, Millennium Court, Enterprise Way, Evesham. That would make six years Shpep has been in the UK, as it was started on 2018-11-15. The Companies House Reg No. is 11679527 and its zip code is WR11 1GS. The firm's principal business activity number is 82990 meaning Other business support service activities not elsewhere classified. Shpep Limited filed its latest accounts for the financial period up to 2021-12-31. The latest annual confirmation statement was released on 2022-11-14.

Robbie B. and Mark T. are registered as the firm's directors and have been working on the company success since 2023. Additionally, the director's tasks are often assisted with by a secretary - Russell D., who was chosen by the following limited company two years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 020 218	11 361	276
Current Assets	97 391	11 361	12 777 388
Debtors	97 391	1 718 885	1 142 691
Net Assets Liabilities	466 392	483 500	483 500
Other Debtors	97 391	20 575	8 835
Total Inventories	7 199 398	9 555 962	8 608 235

Other Financial Data
Taxation Compliance Services Fees	296
Accumulated Amortisation Impairment Intangible Assets		51 202	102 405
Accumulated Depreciation Impairment Property Plant Equipment	234 736	241 990	315 319
Acquired Through Business Combinations Intangible Assets	518 425
Acquired Through Business Combinations Property Plant Equipment	209 947
Additions Other Than Through Business Combinations Intangible Assets			127 405
Additions Other Than Through Business Combinations Property Plant Equipment		210 196	450 612
Administration Support Average Number Employees	36	38	50
Administrative Expenses	236 821	7 613 426	10 218 690
Amortisation Expense Intangible Assets		51 202	88 871
Amounts Owed To Related Parties	2 125 071	2 564 711	3 864 139
Amount Specific Bank Loan	3 189 989	350 000	89 539
Applicable Tax Rate	19	19	19
Average Number Employees During Period	62	79	115
Balances With Banks	2 019 135	11 361	276
Bank Borrowings	3 189 989	3 316 074	313 150
Cash Cash Equivalents	2 020 218	11 361	276
Cash Cash Equivalents Cash Flow Value	2 020 218	854 293
Cash On Hand	1 083	2 163	781
Cash Transferred To Acquire Entity	4 353 763
Comprehensive Income Expense	-17 108	17 108	2 469 482
Comprehensive Income Expense Attributable To Owners Parent	-115 361	1 057 660	2 469 482
Consideration Received For Shares Issued In Period	193 500
Cost Sales	626 727	37 073 639	45 737 170
Creditors	4 996 489	4 422 574	3 864 139
Current Tax For Period	430	118 542	483 442
Debentures In Issue	1 806 500	1 106 500
Decrease In Loans Owed To Related Parties Due To Loans Repaid	-10 691	-713 821	-1 455 119
Deferred Tax Asset Debtors	48 680
Deferred Tax Assets	48 680
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-12	143 859	107 682
Deferred Tax Liabilities		95 179	-11 400
Depreciation Amortisation Expense		268 475	543 426
Depreciation Expense Property Plant Equipment		217 273	454 555
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-36 729	-43 212
Disposals Property Plant Equipment		-36 728	-43 212
Distribution Average Number Employees	21	35	59
Distribution Costs	30 001	1 056 747	1 678 757
Financial Assets Acquired	3 455 198
Financial Liabilities			608 291
Financial Liabilities Assumed	-6 815 882
Finished Goods Goods For Resale	7 199 398	9 555 962	8 608 235
Fixed Assets	1 152 437	1 928 030	2 790 688
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	3 450 000	55 107 839	68 283 761
Further Item Creditors Component Total Creditors	1 206 500
Further Item Increase Decrease In Intangible Assets Component Total Change In Intangible Assets			200 633
Future Minimum Lease Payments Under Non-cancellable Operating Leases	266 132	388 548	490 247
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	7 415 920	418 941	2 198 349
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	2 562 145	-843 260	-576 194
Gain Loss In Cash Flows From Change In Inventories	7 199 398	2 356 564	-947 727
Gain Loss On Financial Assets Liabilities Fair Value Through Profit Or Loss			608 291
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	618	-56 046	209 568
Goodwill Arising On Business Combination	518 425
Government Grant Income			21 964
Gross Profit Loss	162 529	10 301 412	15 726 461
Income Taxes Paid Refund Classified As Operating Activities	-153 232	242 115	10 770
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	2 020 218	-1 165 925	2 172 169
Increase Decrease In Current Tax From Adjustment For Prior Periods			-36 146
Increase Decrease In Loans Owed To Related Parties Attributable To Interest Transactions	10 691	213 821	148 619
Increase Decrease In Net Debt From Cash Flows			6 481 593
Increase From Amortisation Charge For Year Intangible Assets		51 202	51 203
Increase From Depreciation Charge For Year Property Plant Equipment		43 983	116 541
Increase In Loans Owed To Related Parties Due To Loans Advanced	1 806 500
Intangible Assets	518 425	460 823	409 620
Intangible Assets Gross Cost	518 425	512 025	512 025
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	341	97 737	70 794
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	10 691	213 821	148 765
Interest Income On Bank Deposits	382
Interest Paid Classified As Financing Activities	-11 032	-311 558	-219 559
Interest Paid Classified As Operating Activities	11 032	311 558	219 559
Interest Payable Similar Charges Finance Costs	11 032	311 558	827 850
Interest Received Classified As Investing Activities	382	380	1 332
Interest Received Classified As Operating Activities	382	380	1 332
Inventories Acquired	6 551 924
Investments Fixed Assets	4 353 763	4 347 363	4 347 363
Investments In Subsidiaries	4 353 763	4 347 363	4 347 363
Issue Equity Instruments	483 500
Loans Owed To Related Parties	1 806 500	1 306 500
Minimum Operating Lease Payments Recognised As Expense	9 046	275 007	490 247
Net Cash Flows From Used In Financing Activities	5 468 957	-685 473	-4 528 983
Net Cash Flows From Used In Investing Activities	-1 152 055	-1 043 688	-1 404 752
Net Cash Flows From Used In Operating Activities	-2 296 684	563 236	8 105 904
Net Cash Generated From Operations	-2 449 916	805 351	8 116 674
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	-104 293	1 899 714	4 394 404
Net Current Assets Liabilities	-2 080 871	-2 757 363	-3 863 863
Net Debt Funds		-3 768 281	2 713 312
Net Identifiable Assets Liabilities Acquired	3 835 338
Nominal Value Allotted Share Capital	4 835	4 835	4 835
Number Shares Issued Fully Paid	483 500	483 500	483 500
Number Shares Issued In Period- Gross	193 500
Operating Profit Loss	-104 293	1 631 239	3 850 978
Other Departments Average Number Employees	5	6	6
Other Employee Expense	2 215	50 874	78 234
Other Finance Income		380	1 332
Other Interest Receivable Similar Income Finance Income	382	380	1 332
Other Operating Income Format1			21 964
Other Payables Accrued Expenses	17 191	553 011	596 026
Other Short-term Employee Benefits		9 204	14 190
Ownership Interest In Subsidiary Percent	100	100	100
Par Value Share	0	0	0
Pension Costs Defined Contribution Plan	1 167	47 083	75 780
Percentage Voting Equity Interests Acquired	100
Prepayments	2 434 754	1 698 310	1 133 856
Proceeds From Issuing Shares	483 500
Proceeds From Sales Property Plant Equipment		-2
Profit Loss	-17 108	17 108	2 469 482
Profit Loss Acquiree	-98 253
Profit Loss Attributable To Owners Parent	-115 361	1 057 660	2 469 482
Profit Loss On Ordinary Activities Before Tax	-114 943	1 320 061	3 024 460
Property Plant Equipment Acquired	644 098
Property Plant Equipment Gross Cost	209 947	618 151	1 025 551
Provisions For Liabilities Balance Sheet Subtotal		95 179	202 861
Purchase Intangible Assets	-518 425	6 400	-328 038
Purchase Property Plant Equipment	-634 012	-1 050 466	-1 078 046
Repayments Borrowings Classified As Financing Activities	-260 011	-54 981 754	-71 286 685
Revenue Acquiree	789 256
Revenue From Sale Goods	789 255	47 375 051	61 463 631
Social Security Costs	8 146	198 913	252 537
Staff Costs Employee Benefits Expense	101 475	2 716 819	3 602 546
Taxation Social Security Payable	311 952	310 103	696 733
Tax Expense Credit Applicable Tax Rate	-21 839	250 811	574 647
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	22 256	11 590	16 477
Tax Tax Credit On Profit Or Loss On Ordinary Activities	418	262 401	554 978
Total Assets Less Current Liabilities	2 272 892	1 590 000	483 500
Total Borrowings	4 996 489	4 422 574	313 150
Total Increase Decrease From Revaluations Intangible Assets		-6 400
Trade Creditors Trade Payables	36 000	6 960 048	8 722 458
Turnover Revenue	789 256	47 375 051	61 463 631
Unpaid Contributions To Pension Schemes	5 924	11 698	17 992
Useful Life Goodwill In Years	10
Wages Salaries	89 947	2 410 745	3 181 805
Amount Specific Advance Or Credit Directors	10 000	5 650	8 835
Amount Specific Advance Or Credit Made In Period Directors	10 000
Amount Specific Advance Or Credit Repaid In Period Directors		-4 350	-5 650
Company Contributions To Money Purchase Plans Directors	130	1 469	1 288
Director Remuneration	11 179	223 549	227 363
Number Directors Accruing Benefits Under Money Purchase Scheme	4	4	4

Company staff

Robbie B.

Role: Director

Appointed: 19 June 2023

Latest update: 12 March 2024

Russell D.

Role: Secretary

Appointed: 21 October 2022

Latest update: 12 March 2024

Mark T.

Role: Director

Appointed: 08 April 2022

Latest update: 12 March 2024

Russell D.

Role: Director

Appointed: 21 October 2022

Resigned: 19 June 2023

Latest update: 12 March 2024

Graeme B.

Role: Director

Appointed: 08 April 2022

Resigned: 21 October 2022

Latest update: 12 March 2024

Alun H.

Role: Director

Appointed: 30 April 2019

Resigned: 08 April 2022

Latest update: 12 March 2024