EBAC GROUP LIMITED

• ⚠

  Material uncertainty over going concern

  The directors believe the company has sufficient financial resources to meet its obligations as they fall due for a period of at least 12 months from the date of these financial statements and that it is therefore appropriate to prepare these accounts on a going concern basis. In making this assessment, the directors do acknowledge that as a result of the uncertainties outlined above regarding the cross-guarantee, and the loan due to Ebac Limited, a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to discharge its liabilities under the normal course of business.

1. EBAC GROUP LIMITED 1997-08-20 → present
2. EBAC GROUP LIMITED 1997-08-13 → 1997-08-20

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors believe the company has sufficient financial resources to meet its obligations as they fall due for a period of at least 12 months from the date of these financial statements and that it is therefore appropriate to prepare these accounts on a going concern basis. In making this assessment, the directors do acknowledge that as a result of the uncertainties outlined above regarding the cross-guarantee, and the loan due to Ebac Limited, a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to discharge its liabilities under the normal course of business.”

Group structure

1. EBAC GROUP LIMITED · parent
   1. Ebac Limited 100% · Ketton Way, Aycliffe Industrial Park, Newton Aycliffe, County Durham, DL5 6SR · Design and manufacture of electrical appliances
   2. Ebac Industrial Products Limited 100% · St Helen Trading Est, Bishop Auckland, County Durham, DL14 9AD · Design and manufacture of electrical appliances
   3. Ebac Waterfall Limited 100% · Ketton Way, Aycliffe Industrial Park, Newton Aycliffe, County Durham, DL5 6SR · Non-trading
   4. Ebac Industrial Products Inc 100% · 700 Thimble Shoals Blvd, Suite 109, Newport News, Virginia, 23606-2575, USA · Sale of water coolers and dehumidifiers
   5. Ebac Management Services Limited 100% · Ketton Way, Aycliffe Industrial Park, Newton Aycliffe, County Durham, DL5 6SR · Dormant
   6. Fuente Isabel SA 100% · Valverde de Camino 10, Elche, Alicante, 03206, Spain · Dormant

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

Filings

3

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

  —

  Not reported

• Cash

  +619.8%

  £293 → £2,109

• Net assets

  -1.7%

  £7,853,086 → £7,722,389

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  +99.7%

  -£1,026,693 → -£3,183

• Profit before tax

  +89.9%

  -£1,289,894 → -£130,697

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers