EUROPA CROWN LIMITED

1. EUROPA CROWN LIMITED 1990-07-20 → present
2. OILS & FATS ENGINEERING (UK) LIMITED 1990-06-01 → 1990-07-20
3. OIL & FATS ENGINEERING (UK) LIMITED 1990-05-09 → 1990-06-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company's products; and (b) the availability of bank finance for the foreseeable future. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. The Directors have obtained a letter of support from the Company's parent company confirming that, should assistance be required in meeting its liabilities, this will be provided. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. EUROPA CROWN LIMITED · parent
   1. CPM Sket GmbH 65% · Germany
   2. Ebortec Limited 100% · United Kingdom

Significant events

• “In February 2022, a number of countries (including the US, UK and EU) imposed new sanctions against certain entities and individuals in Russia as a result of the official recognition of the Donetsk People's Republic and Lugansk People's Republic by the Russian Federation. Sanctions have been made following military operations initiated on 24 February 2022. These events have impacted businesses which operate and transact with other companies based in this region. The company has a small non-trading Russian subsidiary that was established some years ago. The office has been closed permanently and the subsidiary company is in the process of liquidation. There is not expected to be any financial impact from this and there has been no impact on the company's operations. The company has not entered into any new business with Russia and continues to monitor the situation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +190.6%

  £15,930,000 → £46,292,000

• Cash

  -13.6%

  £2,511,000 → £2,170,000

• Net assets

  +500.2%

  -£1,386,000 → £5,547,000

• Employees

  +3.6%

  56 → 58

• Operating profit

  +393.3%

  £1,782,000 → £8,791,000

• Profit before tax

  +389.6%

  £1,888,000 → £9,243,000

• Wages

  +13.2%

  £2,759,000 → £3,124,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers