Company Identification Details
|
Subject Reported on
|
K.T.C. (EDIBLES) LIMITED
|
|
Registration Number
|
01433723
|
|
VAT Number
|
GB333860753
|
|
Address
|
J S HOUSE, MOORCROFT DRIVE, WEDNESBURY, WEST MIDLANDS, WS10 7DE.
|
|
Telephone
|
0121 505 9200
|
|
Web Address
|
www.ktc-edibles.co.uk
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 134,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01433723
|
|
VAT Number
|
GB333860753
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
29/06/1979
|
|
Registered Office
|
JS HOUSE MOORCROFT DRIVE, MOORCROFT PARK, WEDNESBURY, WEST MIDLANDS,
WS10 7DE.
|
|
History
|
30/03/2008 : The
Registered Office address changed from JS HOUSE, MOORCROFT DRIVE, MOORCROFT
PARK, WE.
|
|
|
23/01/2006 : The
Registered Office address changed from JS HOUSE, MOORCROFT DRIVE,
WEDNESBURY, WEST M.
|
|
|
29/03/2000 : The
Registered Office address changed from J S HOUSE, MOORCROFT DRIVE,
WEDNESBURY, WEST.
|
|
|
9/03/2000 : The
Registered Office address changed from BEACON WORKS FRIAR PARK ROAD,
WEDNESBURY, WE.
|
|
|
1/04/1993 : The
Registered Office address changed from BEACON WORKS FRIAR PARK ROAD,
WEDNESBURY, WE.
|
|
Date of Last Annual Return to Registry
|
21/03/2011
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2010
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
Processors and dealers in foodstuffs.
|
|
Nace Code
|
1542
|
|
Premises
|
Owned,Offices,Warehouse,Factory
|
|
Staff Employed
|
196
|
|
Trade Names
|
K.T.C. FOODS, KHERA TRADING COMP
|
|
Product Names
|
BAKERS CHOICE,DHILLON,KTC, CALYPSO,CARIBBEAN COOL,, CHEFS
CHOICE,MIDAS,KARD
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
WEDNESBURY.
|
|
Auditors
|
BDO LLP
|
|
Branches
|
J S HOUSE, MOORCROFT
DRIVE, WEDNESBURY, WEST MIDLANDS, WS10 7DE.
|
|
Associated Companies
|
21STCENTURY DRINKS
LIMITED
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
3
|
7
|
16
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
01/02/2012
|
Miscellaneous
|
|
09/01/2012
|
Miscellaneous
|
|
09/01/2012
|
Miscellaneous
|
|
09/11/2011
|
Inland passenger water transport
|
|
28/10/2011
|
Miscellaneous
|
|
09/09/2011
|
Miscellaneous
|
|
24/08/2011
|
Miscellaneous
|
|
28/07/2011
|
Miscellaneous
|
|
28/07/2011
|
Miscellaneous
|
|
25/07/2011
|
Inland passenger water transport
|
|
07/07/2011
|
Miscellaneous
|
|
23/06/2011
|
Miscellaneous
|
|
09/06/2011
|
Miscellaneous
|
|
06/05/2011
|
Miscellaneous
|
|
26/04/2011
|
Miscellaneous
|
|
02/03/2011
|
Miscellaneous
|
|
11/02/2011
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
Period
|
Last 72 Months
|
|
Amount Summary
|
108
|
|
Count Summary
|
1
|
|
Unsettled Amount Summary
|
108
|
|
Highest Amount Summary
|
108
|
0
|
0
|
|
Details of the most recent CCJ's/Scottish Decrees
|
|
Date
|
Amount
|
Type
|
Case No
|
Satisfied
|
Court
|
|
08/07/2008
|
108
|
Judgment
|
8XJ81170
|
|
NORTHAMPTON CCBC
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
24
|
|
Number Outstanding
|
3
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
21
|
|
|
|
|
Date of Latest Mortgage Created
|
17/09/2009
|
|
Date of Latest Satisfaction
|
27/04/2010
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
25/09/2009
|
17/09/2009
|
Mortgage
|
395
|
Lloyds Tsb Bank Plc
|
|
|
19/08/2009
|
14/08/2009
|
Debenture
|
395
|
Lloyds Tsb Bank Plc
|
|
|
30/04/2008
|
25/04/2008
|
Debenture
|
395
|
Fortis Commercial Finance Limited
|
|
27/04/2010
|
17/04/1998
|
15/04/1998
|
Charge Of Development Agreement Relating To An Agreement Between....
|
395
|
Midland Bank Plc
|
|
27/04/2010
|
24/02/1998
|
16/02/1998
|
Debenture
|
395
|
Midland Bank Plc
|
|
01/12/1998
|
11/12/1997
|
05/12/1997
|
Fixed Charge Supplemental To A Debenture Dated 25Th July 1979....
|
395
|
Barclays Bank Plc
|
|
09/09/2009
|
22/10/1997
|
17/10/1997
|
Debenture
|
395
|
Bny Financial Limited
|
|
12/05/1998
|
15/01/1996
|
05/01/1996
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
12/05/1998
|
14/12/1995
|
06/12/1995
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
12/05/1998
|
11/01/1994
|
22/12/1993
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
04/08/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
19/01/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
05/01/2010
|
Companies House Gazette
|
Copy of any resolution under section 570 or 571 (dis-application of
pre-emption rights)
|
|
17/09/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
05/05/2001
|
Companies House Gazette
|
Change among directors of a company
|
|
07/08/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
29/07/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
20/12/1993
|
Companies House Gazette
|
Change among directors of a company
|
|
15/10/1993
|
Companies House Gazette
|
Change among directors of a company
|
|
03/01/1990
|
Companies House Gazette
|
Change among directors of a company
|
|
23/05/1989
|
Companies House Gazette
|
Change among directors of a company
|
|
12/05/1989
|
Companies House Gazette
|
Change among directors of a company
|
|
06/01/1988
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
BHIMA GODHANIA
|
|
Service Address
|
5 DON CLOSE, EDGBASTON, BIRMINGHAM, B15 3PN.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
20/12/1951
|
|
Appointment Date
|
21/03/1991
|
Directors
|
Director
|
MR SANTOKH SINGH KHERA
|
|
Service Address
|
17 JESSON ROAD, WALSALL, WEST MIDLANDS, WS1 3AY.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
10/06/1948
|
|
Appointment Date
|
21/03/1991
|
|
Other Directorships
|
OPENTHORPE ENGINEERING LIMITED, JAMMIN' (UK)
LIMITED, PRIMEGREEN PROPERTIES LIMITED
|
|
Director
|
MICHAEL WILLIAM BALDREY
|
|
Service Address
|
THE WHITE HOUSE, BURCOT, BROMSGROVE, WEST MIDLANDS, B60 1PP.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
13/03/1947
|
|
Appointment Date
|
21/03/1991
|
|
Other Directorships
|
JAMMIN' (UK) LIMITED, HEWELL GRANGE TENNIS COURT CLUB LIMITED
|
|
Director
|
MR PARESH KUMAR MEHTA
|
|
Service Address
|
158 SUTTON ROAD, WALSALL, WEST MIDLANDS, WS5 3AQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/02/1972
|
|
Appointment Date
|
14/01/2011
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
222,222
|
|
Principal Shareholder
|
90,000 Santokh Singh Khera
|
|
|
70,000 Sukhjinder Singh Khera
|
|
|
22,222 Paresh Kumar Mehta
|
|
|
20,000 Michael William Baldrey
|
|
|
20,000 RaminderKhera
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
Financial Data– Statutory Accounts
Profit and Loss
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
188289
|
162587
|
182549
|
109267
|
|
UK sales
|
183423
|
157985
|
178701
|
106698
|
|
Export
|
4866
|
4602
|
3848
|
2569
|
|
Wages and Salaries
|
3503
|
2962
|
2428
|
2471
|
|
Directors Emoluments
|
314
|
287
|
313
|
289
|
|
Auditors Fees
|
21
|
21
|
21
|
18
|
|
Non-Audit Fees
|
11
|
9
|
25
|
8
|
|
Trading Profit
|
2537
|
2451
|
3700
|
2899
|
|
Depreciation
|
1170
|
1171
|
1273
|
1048
|
|
OPERATING PROFIT
|
1367
|
1280
|
2427
|
1851
|
|
Interest Payable
|
837
|
772
|
1691
|
1309
|
|
PRE TAX PROFIT
|
530
|
508
|
736
|
542
|
|
Taxation
|
112
|
125
|
277
|
(325)
|
|
PROFIT AFTER TAX
|
418
|
383
|
459
|
867
|
|
Dividends Payable
|
11
|
30
|
|
40
|
|
RETAINED PROFITS
|
407
|
353
|
459
|
827
|
Balance Sheet
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
13477
|
13497
|
14124
|
15335
|
|
Tangible Assets
|
13477
|
13497
|
14124
|
15335
|
|
Fixed Assets
|
13472
|
13492
|
14104
|
14923
|
|
Intermediate assets
|
5
|
5
|
20
|
412
|
|
TOTAL CURRENT ASSETS
|
48641
|
40438
|
44133
|
36535
|
|
Trade debtors
|
34274
|
28839
|
31200
|
23189
|
|
Stocks
|
13336
|
10842
|
11764
|
11792
|
|
Other Current Assets
|
1031
|
757
|
1169
|
1554
|
|
Misc Current Assets
|
828
|
682
|
911
|
1389
|
|
Cash
|
203
|
75
|
258
|
165
|
|
TOTAL ASSETS
|
62118
|
53935
|
58257
|
51870
|
|
TOTAL CURRENT LIABILITIES
|
50719
|
42276
|
46131
|
40316
|
|
Trade creditors
|
17419
|
13198
|
16003
|
14869
|
|
Short Term Loans
|
32014
|
28165
|
28627
|
24661
|
|
Bank Overdraft
|
30952
|
27224
|
27683
|
23969
|
|
Other Finance
|
1062
|
941
|
944
|
692
|
|
Other Liabilities
|
1286
|
913
|
1501
|
786
|
|
WORKING CAPITAL
|
(2078)
|
(1838)
|
(1998)
|
(3781)
|
|
TOTAL LONG TERM LIABS
|
3242
|
3931
|
4751
|
4638
|
|
Long Term Loans
|
2609
|
3261
|
4101
|
3997
|
|
Bank Loans
|
1700
|
1833
|
1834
|
2053
|
|
Other Finance
|
909
|
1428
|
2267
|
1944
|
|
Other Liabilities
|
633
|
670
|
650
|
641
|
|
NET ASSETS/(LIABILITIES)
|
8157
|
7728
|
7375
|
6916
|
|
SHARE CAPITAL + RESERVES
|
8157
|
7728
|
7375
|
6916
|
|
Share Cap + Sundry Res
|
232
|
210
|
210
|
210
|
|
Issued Share Capital
|
222
|
200
|
200
|
200
|
|
Sundry Reserves
|
10
|
10
|
10
|
10
|
|
Revaluation Reserves
|
2403
|
2508
|
2519
|
2846
|
|
Profit and Loss account
|
5522
|
5010
|
4646
|
3860
|
|
SHAREHOLDERS FUNDS
|
8157
|
7728
|
7375
|
6916
|
|
CAPITAL EMPLOYED
|
11399
|
11659
|
12126
|
11554
|
Financial
Comparison
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
(740)
|
2468
|
(2159)
|
(6847)
|
|
Increase in Cash
|
(2901)
|
492
|
(3622)
|
(10328)
|
|
Directors Remuneration
|
314
|
287
|
313
|
289
|
|
Auditors Remuneration
|
21
|
21
|
21
|
18
|
|
Liquid Assets
|
34477
|
28914
|
31458
|
23354
|
|
Net Working Capital
|
(2078)
|
(1838)
|
(1998)
|
(3781)
|
|
Long Term Debt(>12 Months)
|
2609
|
3261
|
4101
|
3997
|
|
Other Deferred Liabs
|
633
|
670
|
650
|
641
|
|
Tangible Net Worth(T.N.W)
|
8157
|
7728
|
7375
|
6916
|
|
Equity
|
8157
|
7728
|
7375
|
6916
|
|
Number of Years Trading
|
31
|
30
|
29
|
28
|
|
Number of Employees
|
196
|
165
|
136
|
128
|
|
Profit per Employee
|
2704.1
|
3078.8
|
5411.8
|
4234.4
|
|
Sales per Employee
|
960658.2
|
985375.8
|
1342272.1
|
853648.4
|
Key Credit
Ratios
The following figures
are shown as Ratios or Percentages
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Current Ratio
|
1
|
1
|
1
|
0.9
|
|
Long Term Debt/T.N.W
|
0.3
|
0.4
|
0.6
|
0.6
|
|
Pre Tax Profit Margin%
|
0.3
|
0.3
|
0.4
|
0.5
|
|
Debtors Days (D.S.O)
|
66
|
65
|
62
|
77
|
|
Creditors Days (D.P.O)
|
34
|
30
|
32
|
50
|
|
Quick Ratio
|
0.7
|
0.7
|
0.7
|
0.6
|
|
Return on Investment%
|
3.1
|
3.2
|
6
|
5.1
|
|
Return on Assets%
|
0.9
|
0.9
|
1.3
|
1
|
|
T.N.W/Total Assets%
|
13.1
|
14.3
|
12.7
|
13.3
|
|
Return on Capital%
|
4.6
|
4.4
|
6.1
|
4.7
|
|
Rtn on Shareholders Funds%
|
6.5
|
6.6
|
10
|
7.8
|
|
Working Capital/Sales%
|
(1.1)
|
(1.1)
|
(1.1)
|
(3.5)
|
|
Borrowing Ratio%
|
424.5
|
406.7
|
443.8
|
414.4
|
|
Equity Gearing%
|
15.1
|
16.7
|
14.5
|
15.4
|
|
Stock Turnover
|
14.1
|
15
|
15.5
|
9.3
|
|
Sales/Fixed Assets
|
14
|
12.1
|
12.9
|
7.3
|
|
Debt Gearing
|
32
|
42.2
|
55.6
|
57.8
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
58
|
62
|
63
|
57
|
|
Pre-Tax Profit Margin
|
(0.2)
|
4.2
|
5.3
|
3.8
|
|
Current Ratio
|
1.8
|
1.8
|
1.6
|
1.9
|
|
Borrowing Ratio
|
754.3
|
168.3
|
281.2
|
76.5
|
|
Return on Capital
|
8.5
|
11.3
|
18
|
14.7
|
|
Creditors Days
|
24
|
20
|
21
|
22
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of vegetable and animal oils and
fats
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/12/2010.
Turnover
Turnover has increased by 16 %, a growth of GBP 25,702,000
in the period.
Operating Profit
Totalled GBP 1,367,000. In the year prior a Profit of GBP
1,280,000 was achieved.
Pre Tax Profit
The subject's profit increased by 4 % in the year.
Working Capital
The company's working capital deficiency increased in the
period and now totals GBP 2,078,000.
Net Worth
Net worth has increased by 6 % and now stands at GBP
8,157,000.
Fixed Assets
The subject's fixed assets reduced during the year by GBP
20,000 to GBP 13,477,000 and are now 21 % of total assets compared with 25 %
in the previous year.
Long Term Liabilities
The company's long term liabilities reduced during the
period by 17 % and are now 40 % of net worth compared with 51 % in the
previous period.
Long Term Liabilities
Long term liabilities are now 5 % of total liabilities
compared with 7 % in the previous period.
Long Term Liabilities
Long term liabilities are 28 % of capital employed, a
decrease of 6 % over the previous period.
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