MIRA
INFORM REPORT
|
Report Date : |
17th
June, 2006. |
IDENTIFICATION
DETAILS
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Name : |
EMPORIA
BRANDS LIMITED |
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Registered Office : |
The
Church 172 London Road, Guildford, Surrey, Gu1 1xr, United Kingdom |
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Country : |
United
Kingdom |
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Financials (as on) : |
30.01.2005 |
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Date of Incorporation : |
06/07/1959 |
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Com. Reg. No.: |
00631970 |
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Legal Form : |
Private
Limited |
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Line of Business : |
Wholesalers
of alcoholic and other drinks |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Creditline Recommendations
GBP 250k-499k
financial strength rating based on net worth plus net current
assets/liabilities
Monthly Credit Guide GBP 32,500
Risk Category LOW NORMAL RISK
Official Company Data
|
Legal Form |
Private Limited |
|
Registration Number |
00631970 |
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VAT Number |
GB229961136 |
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Date of Incorporation |
06/07/1959 |
|
Registered Office |
THE CHURCH 172 LONDON ROAD, GUILDFORD,
SURREY, GU1 1XR. |
|
History |
30/11/1999 : The
Registered Office address changed from 216 LONDON ROAD, BURPHAM, GUILDFORD,
SURREY,. |
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|
22/06/1994 : The
Registered Office address changed from WINEFARE HOUSE, 5 HIGH ROAD BYFLEET,
WEYBRIDG. |
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6/01/2005 : Change of
name from WINEFARE AGENCIES LIMITED. |
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13/07/1983 : Change of
name from WINEFARE LIMITED. |
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Previously located at
WINEFARE HOUSE,5 HIGH ROAD,BYFLEET,. |
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Date of Last Annual Return to Registry |
31/12/2005 |
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Registered Objectives |
TO CARRY ON BUSINESS AS DEALERS IN WINES
AND BEERS |
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Accounts |
The last filed accounts at Companies House
are those to 30/01/2005 |
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Accounting Reference Date |
31/01 |
Operations
|
Activities |
General Business Classification:
Wholesalers of alcoholic and other drinks |
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Nace Code |
5134 |
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Premises |
Leased,Offices |
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Import Countries |
FRANCE |
|
Bankers |
LLOYDS BANK PLC |
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Address |
83 CLARENCE STREET, KINGSTON-UPON-THAMES,
SURREY, KT1 1RE. |
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Sort Code |
309477 |
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Auditors |
Feldman & Feldman (RF) Ltd |
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Associated Companies |
WINEFARE OF LONDON LTD |
Public Record Information
Summary of CCJ's/Scottish Decrees
No CCJs/Scottish Decrees are
recorded in our file.
Other Filings and Notices
|
Date |
Source |
Description |
|
12/04/2002 |
Companies House Gazette |
Change among the directors of
a company |
|
30/03/2002 |
Companies House Gazette |
Change among the directors of
a company |
|
12/02/1997 |
Companies House Gazette |
Change among the directors of
a company |
|
18/08/1988 |
Companies House Gazette |
Documents delivered by a
company under section 241 (annual accounts) |
|
01/08/1986 |
Companies House Gazette |
Change among the directors of
a company |
Company Secretary
|
Secretary |
DAISY ELIZABETH RACKHAM |
|
Address |
REGENCY LODGE, LINDEN GROVE, WALTON ON
THAMES, SURREY, KT12 1EY. |
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Country of Origin |
UNITED KINGDOM |
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Date of Birth |
18/02/1924 |
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Appointment Date |
31/12/1991 |
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Other Directorships |
RACKHAM INVESTMENTS LIMITED, WINEFARE
OF LONDON LIMITED, WINELAND LIMITED |
Directors
|
Director |
JAMES ARTHUR RACKHAM |
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Address |
29 HIGHCLERE, GUILDFORD, SURREY, GU1 1XP. |
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Country of Origin |
UNITED KINGDOM |
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Date of Birth |
03/06/1953 |
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Appointment Date |
31/12/1991 |
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Other Directorships |
A.H.RACKHAM LIMITED, RACKHAM INVESTMENTS
LIMITED, WINEFARE OF LONDON LIMITED, WINELAND LIMITED, THE
VINTNER LIMITED |
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|
|
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Address |
REGENCY LODGE, LINDEN GROVE, WALTON ON THAMES,
SURREY, KT12 1EY. |
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Country of Origin |
UNITED KINGDOM |
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Date of Birth |
18/02/1924 |
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Appointment Date |
31/12/1991 |
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Other Directorships |
RACKHAM INVESTMENTS LIMITED, WINEFARE OF
LONDON LIMITED, WINELAND LIMITED |
Share Capital
|
Shares |
Ordinary GBP 1.00 |
|
Issued Number |
500 |
|
Principal Shareholder |
500 James Arthur Rackham |
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
Profit & Loss Accounts are not
available for companies categorised as small companies under the companies act.
For annual accounts images, view
the 
Document Image list
Balance
Sheet
The following figures are shown in
units of 1000
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
30/01/2005 |
01/02/2004 |
02/02/2003 |
03/02/2002 |
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Currency |
GBP |
GBP |
GBP |
GBP |
|
TOTAL FIXED ASSETS |
3 |
3 |
3 |
1 |
|
Tangible Assets |
3 |
3 |
3 |
1 |
|
TOTAL CURRENT ASSETS |
810 |
1084 |
856 |
772 |
|
Trade debtors |
638 |
926 |
747 |
572 |
|
Stocks |
31 |
20 |
20 |
17 |
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Other Current Assets |
141 |
138 |
89 |
183 |
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Misc Current Assets |
71 |
45 |
|
|
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Cash |
70 |
93 |
89 |
183 |
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TOTAL ASSETS |
813 |
1087 |
859 |
773 |
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TOTAL CURRENT LIABILITIES |
654 |
948 |
747 |
690 |
|
Trade creditors |
654 |
948 |
747 |
690 |
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WORKING CAPITAL |
156 |
136 |
109 |
82 |
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NET ASSETS/(LIABILITIES) |
159 |
139 |
112 |
83 |
|
SHARE CAPITAL + RESERVES |
159 |
139 |
112 |
83 |
|
Share Cap + Sundry Res |
|
1 |
|
|
|
Profit and Loss account |
159 |
138 |
112 |
83 |
|
SHAREHOLDERS FUNDS |
159 |
139 |
112 |
83 |
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CAPITAL EMPLOYED |
159 |
139 |
112 |
83 |
Financial
Comparison
The following figures are shown in
units of 1000
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
30/01/2005 |
01/02/2004 |
02/02/2003 |
03/02/2002 |
|
Currency |
GBP |
GBP |
GBP |
GBP |
|
Liquid Assets |
708 |
1019 |
836 |
755 |
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Net Working Capital |
156 |
136 |
109 |
82 |
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Tangible Net Worth(T.N.W) |
159 |
139 |
112 |
83 |
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Equity |
159 |
139 |
112 |
83 |
|
Number of Years Trading |
46 |
45 |
44 |
43 |
Key
Credit Ratios
The following figures are shown as
Ratios or Percentages
|
Accounts Date |
30/01/2005 |
01/02/2004 |
02/02/2003 |
03/02/2002 |
|
Current Ratio |
1.2 |
1.1 |
1.1 |
1.1 |
|
Quick Ratio |
1.2 |
1.1 |
1.1 |
1.1 |
|
T.N.W/Total Assets% |
19.6 |
12.8 |
13 |
10.7 |
|
Equity Gearing% |
24.3 |
14.7 |
15 |
12 |
Key Industry Sector Trends
|
Year |
2006 |
2005 |
2004 |
2003 |
|
Sample Size |
87 |
4857 |
7399 |
6930 |
|
Pre-Tax Profit Margin |
7.4 |
2.5 |
2 |
1.8 |
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Current Ratio |
1.6 |
1.4 |
1.3 |
1.3 |
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Borrowing Ratio |
(38.5) |
58.2 |
70.2 |
72.3 |
|
Return on Capital |
31.4 |
33.8 |
34.1 |
31 |
|
Creditors Days |
32 |
53 |
61 |
61 |
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 30/01/2005.
No Turnover
The company's balance sheet total
is less than GBP 2,800,001 and therefore this is a small company as defined by
the Companies Act.It is not required to disclose turnover but it is likely to
be less than GBP 5,600,000.
No Pre-Tax Profit
The Company is exempt from the
requirement to file a Profit Loss Account. We note that the difference on the
Shareholders Funds shown on the Balance Sheet is GBP 20,000 increase. This
suggests that the Company may have made a post-tax profit of GBP 20,000.
Working Capital
The company's working capital has
improved in the period by 15 %.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |