EUROPEAN INDEPENDENT PURCHASING COMPANY LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-22 (in 3mo)
Last made up 2025-08-08
Watchouts
None on the register
Cash
£8M
Latest balance sheet
Net assets
£97K
Equity attributable
Employees
157
Average over period
Profit before tax
£215K
Period ending 2024-12-31
Name history
Renamed 1 time since incorporation
- EUROPEAN INDEPENDENT PURCHASING COMPANY LTD 2002-11-26 → present
- EUROPEAN INDEPENDENT PURCHASING LIMITED 2001-08-08 → 2002-11-26
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-06-30 | 2024-12-31 |
|---|---|---|---|
| Turnover | £22,797,136 | £36,913,834 | |
| Operating profit | — | — | |
| Profit before tax | £321,982 | £215,168 | |
| Net profit | £207,154 | -£166,217 | |
| Cash | £5,698,000 | £7,502,275 | |
| Total assets less current liabilities | £365,562 | £531,819 | |
| Net assets | £263,614 | £97,397 | |
| Equity | £263,614 | £97,397 | |
| Average employees | 141 | 157 | |
| Wages | £10,790,438 | £20,900,563 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-12-31 |
|---|---|---|---|
| Net margin | 0.9% | -0.5% | |
| Current ratio | 0.96x | 0.88x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers (Northern Ireland) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are confident that the group and company has sufficient cash resources to meet its liabilities for a period of not less than twelve months from the date that these financial statements were signed.”
Group structure
- EUROPEAN INDEPENDENT PURCHASING COMPANY LTD · parent
- IPCI Australia PTY LTD 100%
- IPCI UK LTD 100%
- IPCI UK2 LTD 100%
- IPCI SGP PTE LTD 100%
Significant events
- “European Independent Purchasing Company Ltd has had its relationship agreement with SUBWAY® extended to take over the procurement and supply chain activities for goods and services on behalf of SUBWAY® Franchisees in Australia, South Korea and the South East Asian markets. The directors of the Group have taken the decision to undergo a restructuring that will result in all operations and all assets and current and future liabilities being transferred in full to a new IPC group to serve this broader region. It is intended for this to be complete by the summer of 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACK, Neil Marshall | Secretary | 2001-09-07 | — | British |
| BLACK, Neil Marshall | Director | 2001-09-07 | Jan 1970 | British |
| DENNY, Neil Christopher | Director | 2018-07-01 | Oct 1971 | British |
| DJAWADI, Schahin | Director | 2022-07-01 | Jan 1976 | German |
| EISENHARDT, Timo Winfried | Director | 2021-07-01 | Sep 1982 | German |
| GRIFFITHS, Bryan David | Director | 2003-09-08 | Mar 1966 | British |
| PANCHOLI, Rachana | Director | 2015-07-01 | Dec 1970 | British |
| PATEL, Jitendra Jayanand | Director | 2010-07-01 | Jan 1969 | British |
| READ, David Scott | Director | 2024-02-16 | May 1954 | British |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENING, Mark Richard | Secretary | 2007-07-27 | 2007-07-27 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-08-08 | 2001-08-29 |
| ANDERSON, Deirdre | Director | 2001-08-29 | 2006-07-01 |
| AVILA GONZALEZ, Carlos Eduardo | Director | 2021-04-20 | 2023-10-06 |
| COSSART, Emmanuel | Director | 2007-06-29 | 2018-06-30 |
| ENGELS, Markus | Director | 2007-06-29 | 2009-07-01 |
| GREENING, Mark Richard | Director | 2007-07-27 | 2015-05-30 |
| HEIKKILA, Paula Marketta | Director | 2017-07-01 | 2021-06-30 |
| HENSLEY, Cheryl | Director | 2001-08-29 | 2004-08-09 |
| HETECKERY, Christopher | Director | 2013-07-01 | 2014-06-30 |
| HOERIG, Sascha | Director | 2018-07-01 | 2020-09-30 |
| LOEFFLER, Andre, Mr. | Director | 2009-07-01 | 2019-06-30 |
| LÖFFLER, André | Director | 2020-10-08 | 2022-07-01 |
| MACE, Darren | Director | 2001-08-29 | 2003-05-21 |
| MASHKOOR, Amir | Director | 2006-07-01 | 2008-05-15 |
| METZ, Maik | Director | 2006-07-01 | 2018-06-30 |
| MUNRO, Craig | Director | 2003-07-16 | 2015-06-30 |
| NEU, Bernhard | Director | 2004-06-10 | 2006-08-31 |
| PASCO, Sue | Director | 2004-08-09 | 2007-06-30 |
| PATEL, Hemina | Director | 2008-05-15 | 2010-06-30 |
| PATEL, Hemina | Director | 2008-05-15 | 2010-06-30 |
| PATEL, Vimal | Director | 2015-07-01 | 2023-10-06 |
| PIASECKI, Michael Igor | Director | 2014-07-01 | 2021-01-17 |
| POST, Albertino | Director | 2012-07-01 | 2014-06-30 |
| PÉTORIN, Fabien | Director | 2018-07-01 | 2020-09-30 |
| RADIA, Amar Sheenu | Director | 2004-08-14 | 2006-07-01 |
| RETY, Patrick | Director | 2020-10-01 | 2024-05-21 |
| SADIQ, Shahid | Director | 2014-07-01 | 2018-06-30 |
| SCHAAFSMA, Martin | Director | 2021-07-01 | 2023-06-30 |
| SHEFFIELD, Glyn Antony | Director | 2009-03-06 | 2013-07-01 |
| SPEIRS, Maria | Director | 2001-08-29 | 2004-08-09 |
| TORP, Klaus Inge | Director | 2023-07-01 | 2025-06-11 |
| WILD, Timothy John | Director | 2006-07-01 | 2008-09-11 |
| WILLAND, Dominic Heinz | Director | 2019-07-01 | 2021-06-30 |
| WILLIAMS, Michael John, Mr. | Director | 2008-11-13 | 2009-02-12 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 2001-08-08 | 2001-08-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 178 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-15 MA Memorandum articles
- 2024-01-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type group | |
| 2025-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-15 | AA | accounts | Accounts with accounts type group | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-15 | MA | incorporation | Memorandum articles | |
| 2024-01-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-28 | AA01 | accounts | Change account reference date company current extended | |
| 2023-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-13 | AA | accounts | Accounts with accounts type group | |
| 2022-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-08 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-06-30