euro-afrique trading limited
euro-afrique trading limited Company Information
Company Number
05889521
Website
-Registered Address
343 high rd, ilford, essex, IG1 1TE
Industry
Wholesale of office furniture
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
vinaben master 100%
euro-afrique trading limited Estimated Valuation
Pomanda estimates the enterprise value of EURO-AFRIQUE TRADING LIMITED at £201.7k based on a Turnover of £622.1k and 0.32x industry multiple (adjusted for size and gross margin).
euro-afrique trading limited Estimated Valuation
Pomanda estimates the enterprise value of EURO-AFRIQUE TRADING LIMITED at £0 based on an EBITDA of £-2.4k and a 3.24x industry multiple (adjusted for size and gross margin).
euro-afrique trading limited Estimated Valuation
Pomanda estimates the enterprise value of EURO-AFRIQUE TRADING LIMITED at £13.5k based on Net Assets of £7.5k and 1.8x industry multiple (adjusted for liquidity).
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Euro-afrique Trading Limited Overview
Euro-afrique Trading Limited is a live company located in essex, IG1 1TE with a Companies House number of 05889521. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in July 2006, it's largest shareholder is vinaben master with a 100% stake. Euro-afrique Trading Limited is a established, small sized company, Pomanda has estimated its turnover at £622.1k with low growth in recent years.
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Euro-afrique Trading Limited Health Check
Pomanda's financial health check has awarded Euro-Afrique Trading Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £622.1k, make it smaller than the average company (£10.4m)
- Euro-afrique Trading Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.5%)
- Euro-afrique Trading Limited
7.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (27.1%)
- Euro-afrique Trading Limited
27.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (5.8%)
- Euro-afrique Trading Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (30)
1 - Euro-afrique Trading Limited
30 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Euro-afrique Trading Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £622.1k, this is more efficient (£365.8k)
- Euro-afrique Trading Limited
£365.8k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (50 days)
- Euro-afrique Trading Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (41 days)
- Euro-afrique Trading Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Euro-afrique Trading Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Euro-afrique Trading Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (59.8%)
96% - Euro-afrique Trading Limited
59.8% - Industry AVG
EURO-AFRIQUE TRADING LIMITED financials
Euro-Afrique Trading Limited's latest turnover from July 2023 is estimated at £622.1 thousand and the company has net assets of £7.5 thousand. According to their latest financial statements, Euro-Afrique Trading Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 894 | 1,118 | 1,398 | 1,748 | 426 | 532 | 665 | 108 | 135 | 168 | 210 | 262 | 328 | 410 | 512 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 894 | 1,118 | 1,398 | 1,748 | 426 | 532 | 665 | 108 | 135 | 168 | 210 | 262 | 328 | 410 | 512 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 186,180 | 190,312 | 183,965 | 119,238 | 121,859 | 119,486 | 140,799 | 78,136 | 55,824 | 0 | 0 | 13,870 | 13,870 | 13,870 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 2,534 | 23,626 | 362 | 6,538 | 13,320 | 6,505 | 6,554 | 9,495 | 649 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 186,180 | 190,312 | 183,965 | 119,238 | 121,859 | 119,486 | 143,333 | 101,762 | 56,186 | 6,538 | 13,320 | 20,375 | 20,424 | 23,365 | 649 |
| total assets | 187,074 | 191,430 | 185,363 | 120,986 | 122,285 | 120,018 | 143,998 | 101,870 | 56,321 | 6,706 | 13,530 | 20,637 | 20,752 | 23,775 | 1,161 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 147,055 | 144,889 | 140,587 | 130,443 | 136,506 | 139,046 | 163,624 | 119,840 | 63,938 | 22,570 | 28,992 | 33,766 | 32,196 | 33,421 | 8,205 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 147,055 | 144,889 | 140,587 | 130,443 | 136,506 | 139,046 | 163,624 | 119,840 | 63,938 | 22,570 | 28,992 | 33,766 | 32,196 | 33,421 | 8,205 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 32,561 | 36,659 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,561 | 36,659 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 179,616 | 181,548 | 180,587 | 130,443 | 136,506 | 139,046 | 163,624 | 119,840 | 63,938 | 22,570 | 28,992 | 33,766 | 32,196 | 33,421 | 8,205 |
| net assets | 7,458 | 9,882 | 4,776 | -9,457 | -14,221 | -19,028 | -19,626 | -17,970 | -7,617 | -15,864 | -15,462 | -13,129 | -11,444 | -9,646 | -7,044 |
| total shareholders funds | 7,458 | 9,882 | 4,776 | -9,457 | -14,221 | -19,028 | -19,626 | -17,970 | -7,617 | -15,864 | -15,462 | -13,129 | -11,444 | -9,646 | -7,044 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 158 | 0 | 33 | 42 | 52 | 66 | 82 | 102 | 128 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,132 | 6,347 | 64,727 | -2,621 | 2,373 | -21,313 | 62,663 | 22,312 | 55,824 | 0 | -13,870 | 0 | 0 | 13,870 | 0 |
| Creditors | 2,166 | 4,302 | 10,144 | -6,063 | -2,540 | -24,578 | 43,784 | 55,902 | 41,368 | -6,422 | -4,774 | 1,570 | -1,225 | 25,216 | 8,205 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,098 | -3,341 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -2,534 | -21,092 | 23,264 | -6,176 | -6,782 | 6,815 | -49 | -2,941 | 8,846 | 649 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -2,534 | -21,092 | 23,264 | -6,176 | -6,782 | 6,815 | -49 | -2,941 | 8,846 | 649 |
euro-afrique trading limited Credit Report and Business Information
Euro-afrique Trading Limited Competitor Analysis
Perform a competitor analysis for euro-afrique trading limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG1 area or any other competitors across 12 key performance metrics.
euro-afrique trading limited Ownership
EURO-AFRIQUE TRADING LIMITED group structure
Euro-Afrique Trading Limited has no subsidiary companies.
Ultimate parent company
EURO-AFRIQUE TRADING LIMITED
05889521
euro-afrique trading limited directors
Euro-Afrique Trading Limited currently has 2 directors. The longest serving directors include Mrs Veena Master (Aug 2019) and Mrs Vinaben Master (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Veena Master | 57 years | Aug 2019 | - | Director | |
| Mrs Vinaben Master | England | 57 years | Aug 2019 | - | Director |
P&L
July 2023turnover
622.1k
+6%
operating profit
-2.4k
0%
gross margin
20.8%
+5.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
7.5k
-0.25%
total assets
187.1k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
euro-afrique trading limited company details
company number
05889521
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
46650 - Wholesale of office furniture
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
incorporation date
July 2006
age
18
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
343 high rd, ilford, essex, IG1 1TE
accountant
-
auditor
-
euro-afrique trading limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to euro-afrique trading limited.
euro-afrique trading limited Companies House Filings - See Documents
| date | description | view/download |
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