Company Identification Details
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Subject Reported on
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EUROPA IMPORT EXPORT LIMITED
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Address
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3-8 PORCHESTER GATE, BAYSWATER ROAD, LONDON, W2 3HP.
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Telephone
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020 7221 3449
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Facsimile
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020 7221 7461
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Creditline Recommendations
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GBP 6m-19m financial strength rating based on net worth
plus net current assets /liabilities
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Monthly Credit Guide
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GBP 244,000
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Risk Category
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LOW RISK
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Official Company Data
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Legal Form
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Private Limited
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Registration Number
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02059651
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VAT Number
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GB512689536
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Date of Incorporation
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29/09/1986
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Registered Office
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2 BLOOMSBURY STREET, LONDON, WC1B 3ST.
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Date of Last Annual Return to Registry
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31/12/2005
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Registered Objectives
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TO CARRY ON BUSINESS AS GENERAL DEALERS
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Accounts
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The last filed accounts at Companies House are those to
30/04/2005
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Accounting Reference Date
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30/04
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Operations
Activities The export of steel.
Nace
Code 5152
Premises Leased,Offices
Staff
Employed 8
Import
Countries EUROPE, CANADA
Export
Countries EUROPE, ASIA
Bankers BARCLAYS BANK PLC
Address 93-97 QUEENSWAY,
LONDON, W2 4QG.
Auditors Baker Tilly
Branches 3-8
PORCHESTER GATE, BAYSWATER RD, LONDON,
W2 3HP.
Public Record Information
Summary of CCJ's/Scottish Decrees
No
CCJs/Scottish Decrees are recorded in our file.
Summary of Mortgages, Charges and Satisfactions
Total
Number of Mortgages/Charges Registered 8
Number
Outstanding 5
Number
Partially Satisfied 0
Number
Satisfied 3
Date
of Latest Mortgage Created 19/02/2001
Date
of Latest Satisfaction 20/01/2001
Details of most recent Mortgages, Charges and Satisfactions
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Date Fully
Satisfied
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Date
Registered
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Date
Created
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Charge
Description
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Form Type
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Lender
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26/02/2001
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19/02/2001
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A General Pledge Agreement
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395
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Banque Cantonale De Geneve
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26/02/2001
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19/02/2001
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An Assignment Of Claims
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395
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Banque Cantonale De Geneve
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26/02/2001
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19/02/2001
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An Assignment Of Receivables
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395
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Banque Cantonale De Geneve
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26/02/2001
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19/02/2001
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A Pledge Of Goods
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395
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Banque Cantonale De Geneve
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27/01/2001
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24/01/2001
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Trade Finance Security Agreement
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395
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Unted European Bank
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20/01/2001
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02/09/1991
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14/08/1991
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Letter Of Charge
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N/A
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Barclays Bank Plc
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20/01/2001
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27/04/1988
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18/04/1988
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Letter Of Charge
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N/A
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Bank Of Credit & Commerce International Societe
Anonyme
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28/04/1992
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18/04/1988
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Letter Of Charge
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N/A
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It should be noted that there is no legal requirement
to file satisfaction details of mortgages/charges at Companies House.
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Other Filings and Notices
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28/01/1999
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Companies House Gazette
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Resolutions which give, vary, revoke or renew an
authority for the purposes of section 80
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17/11/1988
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Companies House Gazette
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Documents delivered by a company under section 241
(annual accounts)
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21/11/1986
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Companies House Gazette
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Change among the directors of a company
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21/11/1986
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Companies House Gazette
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Change in the situation of company's registered office
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Company Secretary
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Secretary
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ABDUL MAJID ABDUL MALIK
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Address
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52 PORCHESTER GATE, BAYSWATER ROAD, LONDON, W2 3HP.
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Country of Origin
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PAKISTAN
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Date of Birth
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07/03/1941
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Appointment Date
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31/12/1991
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Other Directorships
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INTERCONTINENTAL IMPEX LIMITED
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Directors
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Director
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GUZLAR ABDUL MAJID MALIK
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Address
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52 PORCHESTER GATE, BAYSWATER ROAD, LONDON, W2 3HP.
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Country of Origin
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PAKISTAN
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Date of Birth
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14/02/1946
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Appointment Date
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14/11/1986
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Other Directorships
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INTERCONTINENTAL IMPEX LIMITED
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Director
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ABDUL MAJID ABDUL MALIK
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Address
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52 PORCHESTER GATE, BAYSWATER ROAD, LONDON, W2 3HP.
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Country of Origin
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PAKISTAN
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Date of Birth
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07/03/1941
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Appointment Date
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14/11/1986
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Other Directorships
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INTERCONTINENTAL IMPEX LIMITED
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Share Capital
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Shares
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Ordinary GBP 1.00
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Issued Number
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12
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Principal Shareholder
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4 Amyn Malik
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4 Ali Abdul Majid Malik
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1 Salima Malik
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1 Laila Abdul Majid Malik
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1 Guzlar Abdul Majid Malik
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1 Abdul Majid Abdul Malik
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The above reflects the principle shareholder(s) by
number of shares held, irrespective of share classification type.
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Payment Analysis
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( No Payment Analysis Data is Available )
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Financial Data
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The following figures are shown in units of 1000
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Number of Weeks
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52
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52
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52
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52
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Accounts Date
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30/04/2005
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30/04/2004
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30/04/2003
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30/04/2002
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Currency
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GBP
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GBP
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GBP
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GBP
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SALES
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195418
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90593
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50542
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6310
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Cost of goods sold
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191195
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88139
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48516
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5873
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GROSS PROFIT
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4223
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2454
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2026
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437
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Wages and Salaries
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135
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131
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91
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68
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Directors Emoluments
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11
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10
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10
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15
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Auditors Fees
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9
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8
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10
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5
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Non-Audit Fees
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11
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3
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Trading Profit
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3515
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2175
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1508
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341
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Depreciation
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11
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5
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2
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2
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OPERATING PROFIT
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3504
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2170
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1506
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339
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Non Trading Income
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2
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2
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Interest Payable
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448
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177
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137
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71
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PRE TAX PROFIT
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3058
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1993
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1369
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270
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Taxation
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923
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601
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408
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55
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PROFIT AFTER TAX
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2135
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1392
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961
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215
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Dividends Payable
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120
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120
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120
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17
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RETAINED PROFITS
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2015
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1272
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841
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198
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The following figures are shown in units of 1000
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Number of Weeks
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52
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52
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52
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52
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Accounts Date
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30/04/2005
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30/04/2004
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30/04/2003
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30/04/2002
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Currency
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GBP
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GBP
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GBP
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GBP
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TOTAL FIXED ASSETS
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26
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12
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7
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Tangible Assets
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26
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12
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7
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Fixed Assets
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26
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12
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7
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TOTAL CURRENT ASSETS
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18474
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15283
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7852
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2241
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Trade debtors
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8537
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4409
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6067
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570
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Stocks
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9819
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10368
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859
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1554
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Other Current Assets
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118
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506
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926
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117
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Misc Current Assets
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25
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359
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861
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83
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Cash
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93
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147
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65
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34
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TOTAL ASSETS
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18500
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15295
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7859
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2241
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TOTAL CURRENT LIABILITIES
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14095
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12905
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6740
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1963
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Trade creditors
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1401
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692
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4748
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77
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Short Term Loans
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11578
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11434
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1307
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1730
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Bank Overdraft
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11522
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11404
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1307
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1730
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Due To Directors
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56
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30
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Other Liabilities
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1116
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779
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685
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156
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WORKING CAPITAL
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4379
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2378
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1112
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278
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NET ASSETS/(LIABILITIES)
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4405
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2390
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1119
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278
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SHARE CAPITAL + RESERVES
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4405
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2390
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1119
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278
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Profit and Loss account
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4405
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2390
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1119
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278
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SHAREHOLDERS FUNDS
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4405
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2390
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1119
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278
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CAPITAL EMPLOYED
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4405
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2390
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1119
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278
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The following figures are shown in units of 1000
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Number of Weeks
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52
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52
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52
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52
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Accounts Date
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30/04/2005
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30/04/2004
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30/04/2003
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30/04/2002
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Currency
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GBP
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GBP
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GBP
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GBP
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Net Cashflow from Oper.
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1017
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(9263)
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649
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1257
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Increase in Cash
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(173)
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(10014)
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454
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1164
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Directors Remuneration
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11
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10
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10
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15
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Auditors Remuneration
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9
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8
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10
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5
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Liquid Assets
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8630
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4556
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6132
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604
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Net Working Capital
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4379
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2378
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1112
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278
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Tangible Net Worth(T.N.W)
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4405
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2390
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1119
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278
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Equity
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4405
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2390
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1119
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278
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Number of Years Trading
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19
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18
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17
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16
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Number of Employees
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8
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7
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6
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6
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Profit per Employee
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382250
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284714.3
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228166.7
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45000
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Sales per Employee
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24427250
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12941857.1
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8423666.7
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1051666.7
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The following figures are shown as Ratios or
Percentages
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Accounts Date
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30/04/2005
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30/04/2004
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30/04/2003
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30/04/2002
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Current Ratio
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1.3
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1.2
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1.2
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1.1
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Pre Tax Profit Margin%
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1.6
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2.2
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2.7
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4.3
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Gross Profit%
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2.2
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2.7
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4
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6.9
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Debtors Days (D.S.O)
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16
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18
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44
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33
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Creditors Days (D.P.O)
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3
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3
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34
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4
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Quick Ratio
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0.6
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0.4
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1
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0.3
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W.I.P/Inventory Days
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18.7
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42.9
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6.5
|
96.6
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Return on Investment%
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21.9
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15.7
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62.1
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17
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Return on Assets%
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16.5
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13
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17.4
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12
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T.N.W/Total Assets%
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23.8
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15.6
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14.2
|
12.4
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Return on Capital%
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69.4
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83.4
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122.3
|
97.1
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Rtn on Shareholders Funds%
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69.4
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83.4
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122.3
|
97.1
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Working Capital/Sales%
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2.2
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2.6
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2.2
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4.4
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Borrowing Ratio%
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262.8
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478.4
|
116.8
|
622.3
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Equity Gearing%
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31.3
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18.5
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16.6
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14.2
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Stock Turnover
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19.9
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8.7
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58.8
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4.1
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Days Purchases Outstanding
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2.7
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2.9
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35.7
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4.8
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Key Industry Sector Trends
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Year
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2005
|
2004
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2003
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2002
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Sample Size
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3299
|
6639
|
6481
|
6358
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Pre-Tax Profit Margin
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5.2
|
4.1
|
3.3
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3.2
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Current Ratio
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1.5
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1.4
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1.4
|
1.4
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Borrowing Ratio
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84.6
|
97.2
|
106
|
103.2
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Return on Capital
|
34.1
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30.8
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27.4
|
25.7
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|
Creditors Days
|
50
|
63
|
61
|
60
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Above figures relate to companies in 1992 Standard
Industry Classification (Nace) sector : Wholesale of non-agricultural
intermediate products, waste and scrap
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Financial Summary
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Auditors Qualification
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The Auditors have expressed a
clean opinion (i.e. unqualified with no referrals) on the accounts for the
period ended 30/04/2005.
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Turnover
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Turnover increased by 116 % in
the period and now totals GBP 195,418,000.
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Operating Profit
|
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Totalled GBP 3,504,000. In the
year prior a Profit of GBP 2,170,000 was achieved.
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Pre Tax Profit
|
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The subject's profit increased
by 53 % in the year.
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Working Capital
|
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The company's working capital
has increased by 84 % in the period.
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