MIRA
INFORM REPORT
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Report Date : |
20th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
EWAN
MILLAR LIMITED |
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Registered Office : |
C/O Sinclair Wood & Co, 90 Mitchell Street, Glasgow, Lanarkshire, G1 3nq . |
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Country : |
United
Kingdom |
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Financials (as on) : |
31.03.2005 |
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Date of Incorporation : |
07.03.2002 |
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Com. Reg. No.: |
SC228843 |
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Legal Form : |
Private Limited with share capital |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry
similar weight in credit consideration. Capability to overcome financial
difficulties seems comparatively below average/normal. |
Small |
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Status : |
Moderate
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
EWAN MILLAR LIMITED |
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Trading Address |
Atlantic Chambers, 93 Hope Street, Glasgow, Lanarkshire, G2 6LD |
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Risk Score |
51 out of 100 |
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Average Risk - This company has an average risk status and
should be treated with a degree of caution |
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Credit Limit |
GBP 0 |
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Selling to this company? The Credit Limit is the recommended
maximum outstanding debtor exposure at any one time. |
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Contract Limit |
GBP 0 |
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Buying from this company? The Contract Limit is the recommended
aggregate annual value for supply contracts. |
Official Company Data
|
Legal Form |
Private Limited with share capital |
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Registration Number |
SC228843 |
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Date of Incorporation |
07/03/2002 |
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Registered Office |
C/O SINCLAIR WOOD & CO, 90 MITCHELL STREET, GLASGOW,
LANARKSHIRE, G1 3NQ . |
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History |
07/06/2002 : Change of name from SPFA MARKETING LIMITED |
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Date of Last Annual Return to Registry |
07/03/2006 |
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Activities |
- - - |
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Accounts |
The last filed accounts cover the period to 31/03/2005 and were
presented to Companies House on 05/04/2006 |
Recently Filed Documents
Details of the most recent documents
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Date Received |
Description |
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20/06/2002 |
Notification Of A Change Among The Directors Of A Company |
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12/03/2002 |
Notification Of A Change Among The Directors Of A Company |
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
Known Directors
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DIRECTOR |
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Occupation |
DIRECTOR |
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Address |
61, VICTORIA ROAD
, PAISLEY , RENFREWSHIRE , PA2 9PT |
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Country of Origin |
BRITISH |
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Date of Birth |
11/05/1964 |
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Appointment Date |
07/03/2002 |
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SECRETARY |
CHRISTINE MILLAR |
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Address |
61 , VICTORIA ROAD
, PAISLEY , RENFREWSHIRE , PA2 9PT |
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Country of Origin |
BRITISH |
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Date of Birth |
15/06/1961 |
Recently Resigned Directors (last
3)
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DIRECTOR |
COSEC LIMITED - |
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Address |
78 , MONTGOMERY STREET
, EDINBURGH , - - |
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Resignation Date |
07/03/2002 |
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DIRECTOR |
CODIR LIMITED - |
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Address |
78 , MONTGOMERY STREET
, EDINBURGH , - - |
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Resignation Date |
07/03/2002 |
Share Summary
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Share Currency: |
GBP |
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Issued at date of report: |
100 ORD |
Shares of 100 pence each |
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Share Currency: |
GBP |
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Issued at date of report: |
1 ORD A |
Shares of 100 pence each |
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Share Currency: |
GBP |
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Issued at date of report: |
1 ORD B |
Shares of 100 pence each |
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Prinicipal Shareholders: |
Type Of Share |
No. of Shares |
Value |
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EWAN MILLAR |
ORD |
70 |
70.00 |
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CHRISTINE MILLAR |
ORD |
30 |
30.00 |
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CHRISTINE MILLAR |
ORD B |
1 |
1.00 |
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EWAN MILLAR |
ORD A |
1 |
1.00 |
Mortgages and Charges
There are no
mortgages
Public Record Information
Summary of CCJ's/Scottish Decrees
There are no unsatisfied
CCJs against the company.
Operations
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Activities |
- - - |
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Sic Code |
Description |
|
7484 |
Other business activities not elsewhere classified |
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Auditors |
SINCLAIR WOOD AND CO |
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Auditors Notes |
No Qualification. The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/03/2005. |
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Bankers |
GIROBANK PLC |
Financial Data
Profit and Loss
The following figures
are shown in units of GBP '000
|
Number of Weeks |
52 |
52 |
56 |
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Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Currency |
GBP '000 |
GBP '000 |
GBP '000 |
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Consolidated? |
No |
No |
No |
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Depreciation |
1 |
- |
- |
Balance Sheet
The following figures
are shown in units of GBP '000
|
Number of Weeks |
52 |
52 |
56 |
|
Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Currency |
GBP '000 |
GBP '000 |
GBP '000 |
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Consolidated? |
No |
No |
No |
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TOTAL FIXED ASSETS |
1 |
2 |
2 |
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Tangible Assets |
1 |
2 |
2 |
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Fixed Assets |
1 |
2 |
2 |
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TOTAL CURRENT ASSETS |
237 |
393 |
340 |
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Total Debtors |
149 |
320 |
266 |
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Stocks/WIP |
53 |
72 |
74 |
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Cash |
34 |
0 |
0 |
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TOTAL ASSETS |
237 |
394 |
342 |
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TOTAL CURRENT LIABILITIES |
239 |
336 |
322 |
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Other Current Liabilities |
239 |
336 |
322 |
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WORKING CAPITAL |
-2 |
57 |
18 |
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TOTAL LONG TERM LIABS |
0 |
0 |
0 |
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Total Provisions |
0 |
0 |
0 |
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NET ASSETS/(LIABILITIES) |
-2 |
58 |
20 |
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SHARE CAPITAL + RESERVES |
-2 |
58 |
20 |
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Issued Share Capital |
0 |
0 |
0 |
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Profit and Loss account |
-2 |
58 |
20 |
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SHAREHOLDERS FUNDS |
-2 |
58 |
20 |
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CAPITAL EMPLOYED |
-2 |
58 |
20 |
Key Credit Ratios
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Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Current Ratio |
0.99 |
1.17 |
1.06 |
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Long Term Debt/T.N.W (%) |
0.00 |
0.00 |
0.00 |
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Quick Ratio |
0.77 |
0.95 |
0.83 |
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T.N.W/Total Assets |
-0.71 |
14.69 |
5.82 |
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Equity Gearing |
-0.71 |
14.69 |
5.82 |
Financial Comparison
The following figures
are shown in units of GBP '000
|
Number of Weeks |
52 |
52 |
56 |
|
Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Currency |
GBP '000 |
GBP '000 |
GBP '000 |
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Other Deferred Liabs |
0 |
0 |
0 |
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Tangible Net Worth(T.N.W) |
-2 |
58 |
20 |
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Equity |
-2 |
58 |
20 |
Key Industry Sector Trends
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Company |
Industry Averages |
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31/03/2005 |
Lower |
Median |
Upper |
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Current Ratio |
0.99 |
0.7 |
1 |
1.9 |
This comparison is
based on the results of 0331651 companies in the same industrial sector:
business services nes
Financial Summary
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Working Capital |
The company's working capital deficiency increased in the period
and now stands at GBP 2,414 |
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Tangible Net Worth |
Net worth reduced by 59,591 during the period and now stands at
GBP -1,692 |
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Fixed Assets |
The subjects fixed assets reduced during the period by
GBP 699 to GBP 862 and are now 0% of total assets compared with 0%
in the previous period |
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Long Term Liabilities |
The company's long term liabilities reduced during the period by
47% and are now -8% of net worth compared with 0% in the previous period |
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Long Term Liabilities |
Long term liabilities are now 0% of total assets compared with
0% in the previous period |
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Long Term Liabilities |
Long term liabilities are -9% of capital employed a decrease of
9% over the previous period |
RATING EXPLANATIONS
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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. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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