|
Company Identification Details
|
Subject Reported on
|
I2 LIMITED
|
|
Address
|
THE VISUAL SPACE, CAPITAL PARK FULBOURN,
CAMBRIDGE, CAMBS, CB1 5XH.
|
|
Telephone
|
01223728600
|
|
Facsimile
|
01223728601
|
|
Web Address
|
www.i2group.com
|
Creditline Recommendations
|
Rating
|
GBP 6m-19m financial strength rating
based on net worth plus net current assets /liabilities
|
|
Monthly Credit Guide
|
GBP 250,000
|
|
Risk Category
|
LOW RISK
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
02490533
|
|
VAT Number
|
GB572941715
|
|
Date of Incorporation
|
09/04/1990
|
|
Registered Office
|
THE VISUAL SPACE, CAPITAL PARK FULBOURN,
CAMBRIDGE, CAMBRIDGESHIRE, CB1 5XH.
|
|
History
|
24/07/2001 : The
Registered Office address changed from BREAKS HOUSE, MILL COURT, GT
SHELFORD, CAMBRI.
|
|
|
14/04/1994 : The
Registered Office address changed from GRAIN HOUSE, MILL COURT, GT
SHELFORD, CAMBRID.
|
|
|
25/09/1990 : Change
of name from CHASEPROFIT LIMITED.
|
|
|
At heading address
since 8/1992.
|
|
|
5/10/1990 : Change
of name from 12 LIMITED.
|
|
|
Previously located
at 40 SPRINGFIELD ROAD, CAMBRIDGE.
|
|
Date of Last Annual Return to Registry
|
31/03/2006
|
|
Accounts
|
The last filed accounts at Companies
House are those to 31/12/2004
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
Suppliers OF COMPUTER SOFTWARE
|
|
Nace Code
|
2233
|
|
Premises
|
Leased,Offices,HEAD OFFICE
|
|
Staff Employed
|
261
|
|
Export Countries
|
USA, AUSTRALIA, NETHERLANDS, BELGIUM, FRANCE, NEW
ZEALAND
|
|
Bankers
|
NAT WEST BANK PLC
|
|
Address
|
CAMBRIDGE KING'S PARADE.
|
|
Sort Code
|
600423
|
|
Auditors
|
RSM Robson Rhodes LLP
|
|
Branches
|
THE VISUAL SPACE,
CAPITAL PARK, FULBOURN CAMBRIDGE, CAMBRIDGESHIRE, CB1 5XH.
|
|
Subsidiaries
|
ANACUBIS LIMITED
|
|
|
DELTASEAL SOFTWARE
LIMITED
|
|
|
I2 GROUP LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
07/06/2006
|
250,000
|
|
07/03/2006
|
125,000
|
|
07/12/2005
|
125,000
|
|
07/09/2005
|
200,000
|
|
07/06/2005
|
200,000
|
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
|
1
|
|
Number Outstanding
|
0
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
1
|
|
|
|
|
Date of Latest Mortgage Created
|
04/01/2001
|
|
Date of Latest Satisfaction
|
10/04/2004
|
Details of most recent
Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
10/04/2004
|
12/01/2001
|
04/01/2001
|
Charge Over Credit Balances
|
395
|
National Westminster 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
|
10/01/2006
|
Companies House Gazette
|
Change among the directors of a company
|
|
30/12/2005
|
Companies House Gazette
|
Change among the directors of a company
|
|
11/03/2005
|
Companies House Gazette
|
Resolutions or agreements to which
section 380 applies (relating to shares, rights or names)
|
|
11/03/2005
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
|
11/03/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
26/01/2005
|
Companies House Gazette
|
Change among the directors of a company
|
|
08/04/2004
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
31/03/2004
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
|
31/03/2004
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
13/03/2004
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
08/07/2003
|
Companies House Gazette
|
Change among the directors of a company
|
|
02/05/2003
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
|
30/01/2003
|
Companies House Gazette
|
Change among the directors of a company
|
|
05/03/2002
|
Companies House Gazette
|
Change among the directors of a company
|
|
14/12/2001
|
Companies House Gazette
|
Change among the directors of a company
|
|
26/06/2001
|
Companies House Gazette
|
Resolutions or agreements to which
section 380 applies (relating to shares, rights or names)
|
|
26/06/2001
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
|
26/06/2001
|
Companies House Gazette
|
Alteration in memorandum or articles of
association
|
|
09/02/2000
|
Companies House Gazette
|
Change among the directors of a company
|
|
26/04/1997
|
Companies House Gazette
|
Resolutions which give, vary, revoke or
renew an authority for the purposes of section 80
|
Company Secretary
|
Secretary
|
DAVID WILLIAM DAVIS
|
|
Address
|
340 RIVER VALLEY ROAD, ATLANTA, GEORGIA
30328.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
28/09/1952
|
|
Appointment Date
|
01/01/2005
|
Directors
|
Director
|
PAUL ANTHONY HOLROYD
|
|
Address
|
20 ST MARYS PARK, ROYSTON,
HERTFORDSHIRE, SG8 7XB.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/10/1967
|
|
Appointment Date
|
01/01/2006
|
|
President
|
DOUGLAS CLIFTON CURLING
|
|
Address
|
11200 BOWEN RD, ROSWELL, GEORGIA 30075.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
17/05/1954
|
|
Appointment Date
|
01/01/2005
|
|
Other Directorships
|
I2 GROUP LIMITED, DELTASEAL
SOFTWARE LIMITED, I2 AESOP TRUSTEES LIMITED, ANACUBIS
LIMITED, CHOICEPOINT UK 1 LIMITED, CHOICEPOINT UK 2 LIMITED
|
|
Director
|
JOHN MICHAEL DE JANES
|
|
Address
|
4588 HOLSTEIN HILL, NORCROSS, GEORGIA
30092.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
21/12/1957
|
|
Appointment Date
|
01/01/2005
|
|
Other Directorships
|
I2 GROUP LIMITED, DELTASEAL
SOFTWARE LIMITED, I2 AESOP TRUSTEES LIMITED, ANACUBIS
LIMITED, CHOICEPOINT UK 1 LIMITED, CHOICEPOINT UK 2 LIMITED
|
|
Chairman
|
DEREK VAN SMITH
|
|
Address
|
15120 NORTH VALLEY FIELD ROAD,
ALPHARETTA, GEORGIA 30004.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
03/02/1955
|
|
Appointment Date
|
01/01/2005
|
|
Other Directorships
|
I2 GROUP LIMITED, DELTASEAL
SOFTWARE LIMITED, I2 AESOP TRUSTEES LIMITED, ANACUBIS
LIMITED, CHOICEPOINT UK 1 LIMITED, CHOICEPOINT UK 2 LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 0.00
|
|
Issued Number
|
11,095,395
|
|
Principal Shareholder
|
11,095,395 Choicepoint UK 1 Ltd
|
|
The above reflects the principle
shareholder(s) by number of shares held, irrespective of share
classification type.
|
|
Holding Company
|
CHOICEPOINT UK 1 LIMITED
|
Payment Analysis
|
( No Payment Analysis Data is Available
)
|
|
|
Financial Data
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
48
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2004
|
31/01/2004
|
31/01/2003
|
31/01/2002
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
21634
|
20160
|
17252
|
14202
|
|
Cost of goods sold
|
2129
|
2377
|
2215
|
1352
|
|
GROSS PROFIT
|
19505
|
17783
|
15037
|
12850
|
|
Wages and Salaries
|
10727
|
9302
|
9071
|
5163
|
|
Directors Emoluments
|
1639
|
989
|
2711
|
665
|
|
Auditors Fees
|
32
|
24
|
34
|
23
|
|
Non-Audit Fees
|
16
|
21
|
54
|
24
|
|
Trading Profit
|
460
|
2774
|
1101
|
2350
|
|
Depreciation
|
544
|
502
|
459
|
187
|
|
OPERATING PROFIT
|
(84)
|
2272
|
642
|
2163
|
|
Non Trading Income
|
(5)
|
96
|
97
|
107
|
|
Interest Payable
|
|
4
|
7
|
14
|
|
PRE TAX PROFIT
|
(89)
|
2364
|
732
|
2256
|
|
Taxation
|
(280)
|
815
|
236
|
673
|
|
PROFIT AFTER TAX
|
191
|
1549
|
496
|
1583
|
|
RETAINED PROFITS
|
191
|
1549
|
496
|
1583
|
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
48
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2004
|
31/01/2004
|
31/01/2003
|
31/01/2002
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
1338
|
1356
|
1309
|
1320
|
|
Tangible Assets
|
1338
|
1356
|
1309
|
1320
|
|
Fixed Assets
|
1338
|
1236
|
1221
|
1261
|
|
Intermediate assets
|
|
120
|
88
|
59
|
|
TOTAL CURRENT ASSETS
|
13233
|
11388
|
8888
|
7214
|
|
Trade debtors
|
3272
|
4371
|
2978
|
3073
|
|
Stocks
|
227
|
187
|
151
|
79
|
|
Other Current Assets
|
9734
|
6830
|
5759
|
4062
|
|
Misc Current Assets
|
1794
|
522
|
5232
|
3140
|
|
Cash
|
7940
|
6308
|
527
|
922
|
|
TOTAL ASSETS
|
14571
|
12744
|
10197
|
8534
|
|
TOTAL CURRENT LIABILITIES
|
5517
|
5338
|
3604
|
2568
|
|
Trade creditors
|
274
|
594
|
388
|
458
|
|
Short Term Loans
|
|
2
|
12
|
60
|
|
Other Finance
|
|
2
|
12
|
44
|
|
Due To Directors
|
|
|
|
16
|
|
Other Liabilities
|
5243
|
4742
|
3204
|
2050
|
|
WORKING CAPITAL
|
7716
|
6050
|
5284
|
4646
|
|
TOTAL LONG TERM LIABS
|
46
|
32
|
247
|
261
|
|
Long Term Loans
|
|
|
4
|
18
|
|
Other Finance
|
|
|
4
|
18
|
|
Other Liabilities
|
46
|
32
|
243
|
243
|
|
NET ASSETS/(LIABILITIES)
|
9008
|
7374
|
6346
|
5705
|
|
SHARE CAPITAL + RESERVES
|
9008
|
7374
|
6346
|
5705
|
|
Share Cap + Sundry Res
|
1649
|
229
|
139
|
69
|
|
Issued Share Capital
|
11
|
10
|
10
|
10
|
|
Sundry Reserves
|
1638
|
219
|
129
|
59
|
|
Profit and Loss account
|
7359
|
7145
|
6207
|
5636
|
|
SHAREHOLDERS FUNDS
|
9008
|
7374
|
6346
|
5705
|
|
CAPITAL EMPLOYED
|
9054
|
7406
|
6593
|
5966
|
|
The following figures are shown in units
of 1000
|
|
Number of Weeks
|
48
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2004
|
31/01/2004
|
31/01/2003
|
31/01/2002
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
2874
|
1632
|
2765
|
1904
|
|
Increase in Cash
|
1692
|
5829
|
(423)
|
(1245)
|
|
Directors Remuneration
|
1639
|
989
|
2711
|
665
|
|
Auditors Remuneration
|
32
|
24
|
34
|
23
|
|
Liquid Assets
|
11212
|
10679
|
3505
|
3995
|
|
Net Working Capital
|
7716
|
6050
|
5284
|
4646
|
|
Long Term Debt(>12 Months)
|
|
|
4
|
18
|
|
Other Deferred Liabs
|
46
|
32
|
243
|
243
|
|
Tangible Net Worth(T.N.W)
|
9008
|
7374
|
6346
|
5705
|
|
Equity
|
9008
|
7374
|
6346
|
5705
|
|
Number of Years Trading
|
14
|
14
|
13
|
12
|
|
Number of Employees
|
261
|
209
|
158
|
121
|
|
Profit per Employee
|
(341)
|
11311
|
4632.9
|
18644.6
|
|
Sales per Employee
|
82888.9
|
96459.3
|
109189.9
|
117371.9
|
|
The following figures are shown as
Ratios or Percentages
|
|
Accounts Date
|
31/12/2004
|
31/01/2004
|
31/01/2003
|
31/01/2002
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Current Ratio
|
2.4
|
2.1
|
2.5
|
2.8
|
|
Pre Tax Profit Margin%
|
(0.4)
|
11.7
|
4.2
|
15.9
|
|
Gross Profit%
|
90.2
|
88.2
|
87.2
|
90.5
|
|
Debtors Days (D.S.O)
|
55
|
79
|
63
|
79
|
|
Creditors Days (D.P.O)
|
5
|
11
|
8
|
12
|
|
Quick Ratio
|
2.4
|
2.1
|
2.4
|
2.8
|
|
W.I.P/Inventory Days
|
38.9
|
28.7
|
24.9
|
21.3
|
|
Return on Investment%
|
(1)
|
32
|
11.2
|
37.7
|
|
Return on Assets%
|
(0.6)
|
18.5
|
7.2
|
26.4
|
|
T.N.W/Total Assets%
|
61.8
|
57.9
|
62.2
|
66.9
|
|
Return on Capital%
|
(1)
|
31.9
|
11.1
|
37.8
|
|
Rtn on Shareholders Funds%
|
(1)
|
32.1
|
11.5
|
39.5
|
|
Working Capital/Sales%
|
35.7
|
30
|
30.6
|
32.7
|
|
Borrowing Ratio%
|
|
|
0.3
|
1.4
|
|
Equity Gearing%
|
161.9
|
137.3
|
164.8
|
201.7
|
|
Stock Turnover
|
95.3
|
107.8
|
114.3
|
179.8
|
|
Days Purchases Outstanding
|
47
|
91.2
|
63.9
|
123.6
|
Key Industry Sector Trends
|
Year
|
2005
|
2004
|
2003
|
2002
|
|
Sample Size
|
953
|
1904
|
1966
|
2031
|
|
Pre-Tax Profit Margin
|
5.2
|
1.3
|
(2.1)
|
(4)
|
|
Current Ratio
|
1.6
|
1.5
|
1.4
|
1.4
|
|
Borrowing Ratio
|
10.7
|
(15)
|
(3.8)
|
(0.5)
|
|
Return on Capital
|
40.9
|
36.3
|
28
|
31.6
|
|
Creditors Days
|
47
|
49
|
50
|
55
|
|
Above figures relate to companies in
1992 Standard Industry Classification (Nace) sector : Reproduction of
recorded media
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a
clean opinion (i.e. unqualified with no referrals) on the accounts for the
period ended 31/12/2004.
|
|
Turnover
|
|
Turnover has increased from
GBP 20,160,000 to GBP 21,634,000, a growth of 7 % in the period.
|
|
Operating Loss
|
|
Totalled GBP 84,000. In the
year prior a Profit of GBP 2,272,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject made a loss of
GBP 89,000 in the period compared with a profit of GBP 2,364,000 in the
previous period.
|
|
Working Capital
|
|
The company's working capital
has increased by 28 % in the period.
|
|
Net Worth
|
|
Net worth has increased by 22
% and now stands at GBP 9,008,000.
|
|
Fixed Assets
|
|
The subject's fixed assets
reduced during the year by GBP 18,000 to GBP 1,338,000 and are now 9 % of
total assets compared with 10 % in the previous year.
|
|
Long Term Liabilities
|
|
Long term liabilities are 1 %
of capital employed, an increase of 1 % over the previous period.
|
|
|
