Company Identification Details
|
Subject Reported on
|
C.G.HACKING & SONS LIMITED
|
|
Address
|
CALVERTS BUILDINGS, 50-52 BOROUGH HIGH
STREET, LONDON, SE1 1XW.
|
|
Telephone
|
0207 407 6451
|
Creditline Recommendations
|
Rating
|
GBP 1m-5m financial strength rating
based on net worth plus net current assets/liabilities
|
|
Monthly Credit Guide
|
GBP 81,000
|
|
Risk Category
|
LOW RISK
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01002291
|
|
VAT Number
|
GB243388943
|
|
Date of Incorporation
|
11/02/1971
|
|
Registered Office
|
CALVERTS BUILDINGS, 50-52 BOROUGH HIGH
ST, LONDON, SE1 1XW.
|
|
History
|
2/02/1973 : Change
of name from DUCHE AND HACKING LIMITED..
|
|
Date of Last Annual Return to Registry
|
19/12/2005
|
|
Accounts
|
The last filed accounts at Companies
House are those to 30/06/2005
|
|
Accounting Reference Date
|
30/06
|
Operations
|
Activities
|
Produce merchants.
|
|
Nace Code
|
5131
|
|
Premises
|
Owned, Offices
|
|
Staff Employed
|
11
|
|
Import Countries
|
USA, EUROPE, CHINA
|
|
Export Countries
|
EUROPE, UKRAINE
|
|
Bankers
|
ROYAL BANK OF SCOTLAND PLC
|
|
Address
|
LONDON CITY OFFICE.
|
|
Sort Code
|
151000
|
|
Auditors
|
Rees Pollock
|
|
Subsidiaries
|
T. M. DUCHE &
SONS LIMITED
|
Historical Rating
|
Date
|
|
Monthly Credit Guide
|
|
05/06/2006
|
|
81,000
|
|
05/03/2006
|
|
100,000
|
|
05/12/2005
|
|
100,000
|
|
05/09/2005
|
|
75,000
|
|
05/06/2005
|
|
75,000
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges
and Satisfactions
|
Total Number of Mortgages/Charges
Registered
|
4
|
|
Number Outstanding
|
1
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
3
|
|
|
|
|
Date of Latest Mortgage Created
|
26/07/2004
|
|
Date of Latest Satisfaction
|
29/07/2004
|
Details of most recent
Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
29/07/2004
|
26/07/2004
|
Debenture
|
395
|
National Westminster Bank Plc
|
|
29/07/2004
|
06/02/1998
|
30/01/1998
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
29/07/2004
|
24/10/1996
|
18/10/1996
|
Debenture
|
395
|
Barclays Bank Plc
|
|
29/07/2004
|
17/01/1996
|
11/01/1996
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
It should be noted that there is no
legal requirement to file satisfaction details of mortgages/charges at
Companies House.
|
Other Filings and Notices
|
10/10/2005
|
Companies House Gazette
|
Change among the directors of a company
|
|
04/11/2004
|
Companies House Gazette
|
Change among the directors of a company
|
|
03/03/2004
|
Companies House Gazette
|
Change among the directors of a company
|
|
23/01/2002
|
Companies House Gazette
|
Change among the directors of a company
|
|
21/08/2001
|
Companies House Gazette
|
Change among the directors of a company
|
|
20/05/1997
|
Companies House Gazette
|
Change among the directors of a company
|
|
16/01/1997
|
Companies House Gazette
|
Change among the directors of a company
|
|
29/12/1995
|
Companies House Gazette
|
Change among the directors of a company
|
|
05/01/1995
|
Companies House Gazette
|
Change among the directors of a company
|
|
24/03/1993
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
15/03/1993
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
15/03/1993
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
|
26/10/1991
|
Companies House Gazette
|
Change among the directors of a company
|
|
16/01/1991
|
Companies House Gazette
|
Change among the directors of a company
|
|
06/09/1990
|
Companies House Gazette
|
Change among the directors of a company
|
|
24/01/1989
|
Companies House Gazette
|
Change among the directors of a company
|
|
14/01/1988
|
Companies House Gazette
|
Documents delivered by a company under
section 241 (annual accounts)
|
|
15/06/1987
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
15/01/1986
|
Companies House Gazette
|
Change among the directors of a company
|
Company Secretary
|
Secretary
|
NICOLA JANE SHAW
|
|
Address
|
16 WOODRUFF CLOSE, UPCHURCH, RAINAHM,
KENT, ME8 7XQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
20/06/1964
|
|
Appointment Date
|
01/07/1997
|
Directors
|
Director
|
JAMES MARTYN TURTLE
|
|
Address
|
56 WILLOW LEA, TONBRIDGE, KENT, TN10
3RF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
03/05/1971
|
|
Appointment Date
|
06/10/2005
|
|
Director
|
JAMES CHRISTOPHER HACKING
|
|
Address
|
929 NORTH LARRABEE, WEST HOLLYWOOD, CA
90069.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/03/1961
|
|
Appointment Date
|
14/12/2001
|
|
Director
|
NICOLA JANE SHAW
|
|
Address
|
16 WOODRUFF CLOSE, UPCHURCH, RAINAHM,
KENT, ME8 7XQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
20/06/1964
|
|
Appointment Date
|
08/08/2001
|
|
Director
|
GILES HACKING
|
|
Address
|
25 STONOR ROAD, LONDON, W14 8RZ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
12/03/1963
|
|
Appointment Date
|
13/12/1995
|
|
Other Directorships
|
HALSTEAD FOOD SERVICES LIMITED
|
|
Director
|
WILLIAM TERTIUS HADLOW
|
|
Address
|
24 SUNSET AVENUE, WOODFORD GREEN, ESSEX,
IG8 0SN.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
01/08/1947
|
|
Appointment Date
|
19/12/1991
|
|
Chairman
|
CHRISTOPHER GUY HACKING
|
|
Address
|
18 CARLYLE SQUARE, LONDON, SW3 6EX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
08/02/1931
|
|
Appointment Date
|
19/12/1991
|
Share Capital
|
Shares
|
Ordinary A GBP 1.00 Each.
|
|
Issued Number
|
800,000
|
|
Shares
|
Ordinary B GBP 1.00 Each.
|
|
Issued Number
|
800,000
|
|
Shares
|
Ordinary C GBP 1.00 Each.
|
|
Issued Number
|
400,000
|
|
Principal Shareholder
|
800,000 G.D. Hacking
|
|
|
400,000 C.S. Hacking
|
|
|
400,000 C.G. Hacking
|
|
|
200,000 G.D. Hacking
|
|
|
100,000 C.S. Hacking
|
|
|
100,000 C.G. Hacking
|
|
The above reflects the principle
shareholder(s) by number of shares held, irrespective of share
classification type.
|
Payment Analysis
|
( No Payment Analysis Data is Available
)
|
|
|
Financial Data
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/06/2005
|
30/06/2004
|
30/06/2003
|
30/06/2002
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
36259
|
26855
|
18887
|
16183
|
|
Cost of goods sold
|
34833
|
25973
|
18186
|
15665
|
|
GROSS PROFIT
|
1426
|
882
|
701
|
518
|
|
Wages and Salaries
|
723
|
556
|
382
|
355
|
|
Directors Emoluments
|
502
|
403
|
232
|
273
|
|
Auditors Fees
|
12
|
12
|
12
|
15
|
|
Non-Audit Fees
|
|
|
|
8
|
|
Trading Profit
|
276
|
87
|
72
|
(81)
|
|
Depreciation
|
42
|
47
|
42
|
47
|
|
OPERATING PROFIT
|
234
|
40
|
30
|
(128)
|
|
Non Trading Income
|
5
|
5
|
|
5
|
|
Interest Payable
|
72
|
26
|
54
|
56
|
|
PRE TAX PROFIT
|
167
|
19
|
(24)
|
(179)
|
|
PROFIT AFTER TAX
|
167
|
19
|
(24)
|
(179)
|
|
RETAINED PROFITS
|
167
|
19
|
(24)
|
(179)
|
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/06/2005
|
30/06/2004
|
30/06/2003
|
30/06/2002
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
873
|
886
|
903
|
942
|
|
Tangible Assets
|
873
|
886
|
903
|
942
|
|
Fixed Assets
|
863
|
876
|
893
|
932
|
|
Intermediate assets
|
10
|
10
|
10
|
10
|
|
TOTAL CURRENT ASSETS
|
7480
|
4516
|
3169
|
3082
|
|
Trade debtors
|
4297
|
3343
|
2000
|
1494
|
|
Stocks
|
2376
|
945
|
1093
|
1323
|
|
Other Current Assets
|
807
|
228
|
76
|
265
|
|
Misc Current Assets
|
21
|
76
|
74
|
79
|
|
Cash
|
786
|
152
|
2
|
186
|
|
TOTAL ASSETS
|
8353
|
5402
|
4072
|
4024
|
|
TOTAL CURRENT LIABILITIES
|
5877
|
3093
|
1782
|
1709
|
|
Trade creditors
|
1727
|
1447
|
804
|
659
|
|
Short Term Loans
|
3531
|
1351
|
867
|
876
|
|
Bank Overdraft
|
3531
|
1351
|
867
|
876
|
|
Other Liabilities
|
619
|
295
|
111
|
174
|
|
WORKING CAPITAL
|
1603
|
1423
|
1387
|
1373
|
|
NET ASSETS/(LIABILITIES)
|
2476
|
2309
|
2290
|
2315
|
|
SHARE CAPITAL + RESERVES
|
2476
|
2309
|
2290
|
2315
|
|
Share Cap + Sundry Res
|
2000
|
2000
|
2000
|
2000
|
|
Issued Share Capital
|
2000
|
2000
|
2000
|
2000
|
|
Revaluation Reserves
|
730
|
750
|
769
|
789
|
|
Profit and Loss account
|
(254)
|
(441)
|
(479)
|
(474)
|
|
SHAREHOLDERS FUNDS
|
2476
|
2309
|
2290
|
2315
|
|
CAPITAL EMPLOYED
|
2476
|
2309
|
2290
|
2315
|
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/06/2005
|
30/06/2004
|
30/06/2003
|
30/06/2002
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
(1448)
|
(280)
|
(118)
|
108
|
|
Increase in Cash
|
(1545)
|
(334)
|
(175)
|
54
|
|
Directors Remuneration
|
502
|
403
|
232
|
273
|
|
Auditors Remuneration
|
12
|
12
|
12
|
15
|
|
Liquid Assets
|
5083
|
3495
|
2002
|
1680
|
|
Net Working Capital
|
1603
|
1423
|
1387
|
1373
|
|
Tangible Net Worth(T.N.W)
|
2476
|
2309
|
2290
|
2315
|
|
Equity
|
2476
|
2309
|
2290
|
2315
|
|
Number of Years Trading
|
34
|
33
|
32
|
31
|
|
Number of Employees
|
11
|
10
|
9
|
9
|
|
Profit per Employee
|
15181.8
|
1900
|
(2666.7)
|
(19888.9)
|
|
Sales per Employee
|
3296272.7
|
2685500
|
2098555.6
|
1798111.1
|
|
The following figures are shown as
Ratios or Percentages
|
|
Accounts Date
|
30/06/2005
|
30/06/2004
|
30/06/2003
|
30/06/2002
|
|
Current Ratio
|
1.3
|
1.5
|
1.8
|
1.8
|
|
Pre Tax Profit Margin%
|
0.5
|
0.1
|
(0.1)
|
(1.1)
|
|
Gross Profit%
|
3.9
|
3.3
|
3.7
|
3.2
|
|
Debtors Days (D.S.O)
|
43
|
45
|
39
|
34
|
|
Creditors Days (D.P.O)
|
17
|
20
|
16
|
15
|
|
Quick Ratio
|
0.9
|
1.2
|
1.2
|
1
|
|
W.I.P/Inventory Days
|
24.9
|
13.3
|
21.9
|
30.8
|
|
Return on Investment%
|
4
|
1.2
|
1
|
(3.9)
|
|
Return on Assets%
|
2
|
0.4
|
(0.6)
|
(4.4)
|
|
T.N.W/Total Assets%
|
29.6
|
42.7
|
56.2
|
57.5
|
|
Return on Capital%
|
6.7
|
0.8
|
(1)
|
(7.7)
|
|
Rtn on Shareholders Funds%
|
6.7
|
0.8
|
(1)
|
(7.7)
|
|
Working Capital/Sales%
|
4.4
|
5.3
|
7.3
|
8.5
|
|
Borrowing Ratio%
|
142.6
|
58.5
|
37.9
|
37.8
|
|
Equity Gearing%
|
42.1
|
74.7
|
128.5
|
135.5
|
|
Stock Turnover
|
15.3
|
28.4
|
17.3
|
12.2
|
|
Days Purchases Outstanding
|
18.1
|
20.3
|
16.1
|
15.4
|
Key Industry Sector Trends
|
Year
|
2005
|
2004
|
2003
|
2002
|
|
Sample Size
|
4392
|
7395
|
6934
|
6670
|
|
Pre-Tax Profit Margin
|
2.5
|
2
|
1.9
|
1.8
|
|
Current Ratio
|
1.4
|
1.3
|
1.3
|
1.3
|
|
Borrowing Ratio
|
58.4
|
70.3
|
72
|
85.4
|
|
Return on Capital
|
34.1
|
34.1
|
31.2
|
29.8
|
|
Creditors Days
|
53
|
61
|
60
|
53
|
|
Above figures relate to companies in
1992 Standard Industry Classification (Nace) sector : Wholesale of food,
beverages and tobacco
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a
clean opinion (i.e. unqualified with no referrals) on the accounts for the
period ended 30/06/2005.
|
|
Turnover
|
|
Turnover increased by 35 % in
the period and now totals GBP 36,259,000.
|
|
Operating Profit
|
|
Totalled GBP 234,000. In the
year prior a Profit of GBP 40,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit
increased by 778 % in the year.
|
|
Working Capital
|
|
The company's working capital
has improved in the period by 13 %.
|
|
Fixed Assets
|
|
The subject's fixed assets
reduced during the year by GBP 13,000 to GBP 873,000 and are now 10 % of
total assets compared with 16 % in the previous year.
|
|
