Europa Import Export Limited

Europa Import Export Limited, based in London, UK, is a large holding company with an active status, having operated for 38 years. The company, with five employees and assets totaling £40,463,401, is led by three directors and one owner. It’s an irregular importer, primarily dealing with iron and steel, with just two months of import activity recorded in 2020.

The company’s website highlights its role as an independent, international steel trader connecting steel mills and end users globally. Established in 1986, Europa Import Export Ltd is a family-owned business offering a wide range of raw materials, including scrap, alloys, ore, coal, and steel products. It provides stockholding, financing, and logistics solutions to support clients’ steel requirements. The company’s website also includes contact information, including email and phone numbers, and links to privacy policy and terms and conditions.

Financially, Europa Import Export Limited presents a mixed picture. While cash bank on hand increased by 6.4% to £30 million, comprehensive income decreased significantly by 91% to £260,000. Administrative expenses were slashed by nearly half, dropping 47% to £960,000, and director remuneration fell 15% to £43,000. However, amounts owed to group undertakings soared by an astonishing 2,200% to £3.2 million, and interest expense increased by 470% to £130,000. Trade debtors decreased by 67%, which could indicate better collection practices, but the substantial increase in interest payable suggests a reliance on borrowing. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, Europa Import Export Limited seems to be navigating a period of change, with some areas of improvement offset by increased borrowing costs. The company’s long-standing presence in the steel trading industry and family-owned structure suggest a degree of resilience, but the financial pressures require close monitoring.

Registered in England/Wales under the registration number 02059651, with a registered address at W2 3HP, London, Flat 41 3-8 Porchester Gate,, Bayswater Road,.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.