Attachment 1
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Report
Update On |
19th December, 2001 |
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Report on |
D. M. PLASTICS LIMITED |
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Registered Office |
83, Grove Road, Norwich, Norfolk, NR1 3RT, U.K. |
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Tel. No. |
01953 457444 |
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Fax No. |
01983 457273 |
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E-Mail |
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Telex |
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Attachment 2
SUMMARY
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Incorporated |
1982 |
Status |
Good |
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Registration No. |
0165642 |
Chief Executive |
Elizabeth Nerys Leer |
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Capital (GB£) |
265,002 |
Payments |
Regular |
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Sales (GB£) |
Less than 2,800,000 |
Litigation |
Exist |
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Net Worth (GB£) |
447,000 |
Banking Reputation |
Good |
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No. of Employees |
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Auditors |
C. G. Lee |
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Credit Rating |
Ba (See attachment 3) |
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Company Identification Details
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Subject Reported on : |
D.M. PLASTICS LIMITED |
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Address : |
UNIT 6 MAURICE GAYMER RD, ATTLEBOROUGH, NR17 2QZ. |
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Telephone : |
01953 457444 |
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Facsimile : |
01953 457273 |
Creditline Recommendations
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Graydon Rating : |
5B |
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GBP 500k-999k financial strength rating based on net |
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worth plus net current assets/liabilities |
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Monthly Credit Guide : |
GBP 50,000 |
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Risk Category : |
LOW NORMAL RISK |
Official Company Data
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Legal Form : |
Private Limited |
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Registration Number : |
01675642 |
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Date of Incorporation : |
04/11/1982 |
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Registered Office : |
83 GROVE ROAD, NORWICH, NORFOLK, NR1 3RT. |
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History : |
06/05/2000 The Registered Office address changed |
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from UNIT 6, MAURICE GAYMER ROAD, ATTLEBOROUGH, |
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NO. |
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10/02/1986 Change of name from HAWFORDWICK |
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LIMITED. |
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07/02/1992 Change of name from B. & L. PACKAGING |
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LIMITED. |
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Date of Last Annual |
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Return to Registry : |
22/04/2001 |
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Accounts : |
The last filed accounts at Companies House |
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are those to 31/12/2000 |
Known Directors
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Secretary : |
ELIZABETH NERYS LEER |
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Address : |
LENRYS LODGE SUTON STREET, SUTON, WYMONDHAM, |
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NORFOLK, NR18 9JQ. |
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Country of Origin : |
UNITED KINGDOM |
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Other Directorships : |
LENRYS ASSOCIATES LIMITED, ORIENTAL VITALITY |
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LIMITED. |
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Director : |
ELIZABETH NERYS LEER |
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Address : |
LENRYS LODGE SUTON STREET, SUTON, WYMONDHAM, |
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NORFOLK, NR18 9JQ. |
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Country of Origin : |
UNITED KINGDOM |
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Other Directorships : |
LENRYS ASSOCIATES LIMITED, ORIENTAL VITALITY |
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LIMITED. |
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Director : |
MR JOHN LEONARD LEER |
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Address : |
LENRYS LODGE SUTON STREET, SAWYERS LANE SUTON, |
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WYMONDHAM, NORFOLK, NR18 9JQ. |
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Country of Origin : |
UNITED KINGDOM |
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Other Directorships : |
LENRYS ASSOCIATES LIMITED, ORIENTAL VITALITY |
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LIMITED. |
Share Capital
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Shares : |
Ordinary GBP 1.00 |
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Issued Number : |
265,002 |
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Principal Shareholder : |
265,002 Shares John Leonard Leer |
The above reflects the principal shareholder(s) by number of shares held,
irrespective of share classification type.
Public Record Information
Summary
of CCJs/Scottish Decrees since January 1999
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Number of CCJs/Decrees : |
0 |
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Total Amount of CCJs/Decrees : |
GBP 0 |
Details
of most recent CCJs/Scottish Decrees
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Date |
Amount |
Type |
Case No |
Settled |
Court |
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16/01/1998 |
568 |
C |
NR758063 |
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NORWICH |
Payment Analysis
No Payment
Analysis Data is Available.
To
contribute sales ledger information to Graydon, please contact Specialist
Product Division - mail@graydon.co.uk
Operations
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Activities : |
General Business Classification Manufacture of |
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other plastic products inc adhesive |
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labels,advertising material,household goods etc |
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Nace Code : |
2524 (1992) |
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Bankers : |
BARCLAYS BANK. |
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Auditors : |
C.G. Lee |
Financial Data
Profit & Loss Account
Profit & Loss Accounts are not
available for companies categorised assmall companies under the companies act.
Balance Sheet
The following figures are shown in
000's
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Number of weeks |
52 |
52 |
52 |
52 |
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31/12/2000 |
31/12/1999 |
31/12/1998 |
31/12/1997 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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TOTAL
FIXED ASSETS |
366 |
260 |
152 |
63
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Tangible
Assets |
366 |
260 |
152 |
63
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Due
From Group |
221 |
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Other
Tangible Fixed |
145 |
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TOTAL
CURRENT ASSETS |
540 |
664 |
561 |
599
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Trade
debtors |
288 |
261 |
343 |
333
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Stocks |
248 |
368 |
218 |
261
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Other
Current Assets |
4 |
35 |
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5
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Misc.
Current Assets |
4 |
20 |
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Cash |
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15 |
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5
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TOTAL
ASSETS |
906 |
924 |
713 |
662
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TOTAL
CURRENT LIABILITIES |
445 |
514 |
391 |
310
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Trade
creditors |
364 |
409 |
352 |
310
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Short
Term Loans |
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11 |
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Due
To Directors |
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11 |
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Other
Liabilities |
81 |
105 |
28 |
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WORKING
CAPITAL |
95 |
150 |
170 |
289
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TOTAL
LONG TERM LIABS |
14 |
11 |
1 |
4
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NET
ASSETS/(LIABILITIES) |
447 |
399 |
321 |
348
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SHARE
CAPITAL & RESERVES |
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Share
Cap. & Sundry Res. |
265 |
265 |
265 |
265
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Profit
and Loss account |
182 |
134 |
56 |
83
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SHAREHOLDERS
FUNDS |
447 |
399 |
321 |
348
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CAPITAL
EMPLOYED |
461 |
410 |
322 |
352
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Financial Comparison
The following Profit/Loss & Balance sheet figures are shown in 000's
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Number of weeks |
52 |
52 |
52 |
52 |
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31/12/2000 |
31/12/1999 |
31/12/1998 |
31/12/1997 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Liquid
Assets |
288 |
276 |
343 |
338
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Net
Working Capital |
95 |
150 |
170 |
289
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Other
Deferred Liabs |
14 |
11 |
1 |
4
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Tangible
Net Worth(T.N.W) |
447 |
399 |
321 |
348
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Equity |
447 |
399 |
321 |
348
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Number
of Years Trading |
18 |
17 |
16 |
15
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Key Credit Ratios
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31/12/2000 |
31/12/1999 |
31/12/1998 |
31/12/1997 |
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Current
Ratio |
1.2 |
1.3 |
1.4 |
1.9
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Quick
Ratio |
0.7 |
0.6 |
0.9 |
1.1
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T.N.W/Total
Assets % |
49.3 |
43.2 |
45.0 |
52.6
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Borrowing
Ratio % |
0.0 |
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3.4 |
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Equity
Gearing % |
97.4 |
76.0 |
81.9 |
110.8
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Key Industry Sector Trends
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Year |
2001 |
2000 |
1999 |
1998 |
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Sample Size |
653 |
3094 |
3230 |
3204 |
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1)
Pre-Tax Profit Margin |
5.4 |
3.2 |
3.2 |
3.6
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2)
Current Ratio |
1.4 |
1.3 |
1.3 |
1.2
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3)
Borrowing Ratio |
81.4 |
73.1 |
80.1 |
71.1
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4)
Return on Capital |
28.8 |
17.1 |
19.1 |
23.3
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5)
Creditors Days |
46.0 |
53.0 |
55.0 |
52.0
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Above figures relate
to companies in 1992 Standard Industry Classification (Nace) sector :
Manufacture of plastic products
Financial Summary
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Turnover |
The company's balance
sheet total is less than |
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GBP 1,400,001 and
therefore this is a small |
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Company as defined by the
Companies Act.It is not |
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Required to disclose
turnover but it is likely to |
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be less than GBP
2,800,000. |
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Pre-Tax
Profit |
The Company is exempt
from the requirement to |
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file a Profit Loss
Account. We note that the |
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Difference on the
Shareholders Funds shown on the |
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Balance Sheet is GBP
48,000 increase. This |
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Suggests that the Company
may have made a |
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post-tax profit of GBP
48,000. |
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Working
Capital |
The company's working
capital, while remaining |
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positive, decreased by 37
% in the period. |
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Net
Worth |
Net worth has increased
by 12 % and now stands at |
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GBP 447,000. |
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Fixed
Assets |
The subject's fixed
assets increased during the |
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year by GBP 106,000 to
GBP 366,000 and are now 40 |
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% of total assets
compared with 28 % in the |
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previous year. |
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Long-Term
Liabilities |
The company's long term
liabilities increased |
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during the period by 27%
and are now 3 % of net |
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worth compared with 3 %
in the previous period. |
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Long term liabilities are
now 2 % of total |
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liabilities compared with
1 % in the previous |
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period. |
Attachment 3
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SCORE SHEET |
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SCORE |
CREDIT RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an
extremely sound financial base with the strongest capability for timely
payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate
working capital. No caution needed for credit transaction. It has above
average (strong) capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial &
operational base are regarded healthy. General unfavourable factors will not
cause fatal effect. Satisfactory capability for payment of interest and
principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. Maybe drawn to
slightly difficult position as unfavourable conditions arise. Minimal
assurance for timely payment on interest and principal sums |
Moderate |
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26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively limited or considered
not known. Capability to pay both interest and principal sums is doubtful |
Small |
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11-25 |
Ca |
Adverse factors are
apparent. Repayment of interest and principal sums in default or expected to
be in default upon maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |
Attachment 4
ACKNOWLEDGEMENT
Dear Sir/Madam,
As part of our control
system, please fax/email us this note
upon receipt of this report. If we do not receive the acknowledgement within 24
hours, we will assume that our report meets your requirement. If you have any
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to let us know.
Thank you.
______________________________________________________________________________
To : MIRA INFORM PRIVATE
LIMITED
From :
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Feedback – Please tick
the appropriate box.
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FAIR |
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Further Comments/Suggestion :
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Company’s Stamp &
Signature