MIRA INFORM REPORT

 

 

Report Date :

20th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

LABELFORM GRAPHICS LIMITED

 

 

Registered Office :

531 Denby Dale Road West, Calder Grove, Wakefield, West Yorkshire, Wf4 3nd.

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.05.2005

 

 

Date of Incorporation :

27.05.2004

 

 

Com. Reg. No.:

05139575

 

 

Legal Form :

Private Limited with share capital

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

GBP 6,900

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 


Company Identification Details

 

Subject Reported on    LABELFORM GRAPHICS LIMITED

 

           

Risk Score       56 out of 100

Average Risk - This company has an average risk status and should be treated with a degree of caution      

                           

Credit Limit      GBP  6,900      

Selling to this company? The Credit Limit is the recommended maximum outstanding debtor exposure at any one time.       

                           

Contract Limit  GBP  46,200    

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

Registration Number    05139575

Date of Incorporation   27/05/2004

Registered Office         531 DENBY DALE ROAD WEST, CALDER GROVE, WAKEFIELD, WEST YORKSHIRE, WF4 3ND .

Date of Last Annual

Return to Registry        27/05/2006

Activities                      -  -  -

Accounts                      The last filed accounts cover the period to 31/05/2005 and were presented to Companies House on 16/09/2005

Recently Filed Documents

 

Details of the most recent documents

Date Received Description

02/02/2005        Notification Of A Change Among The Directors Of A Company

06/08/2004        Notification Of A Change Among The Directors Of A Company

02/06/2004        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

 

           

DIRECTOR          

 

JONATHAN  WILKINSON

Occupation                  SALES

Address                        3,  THE LINKS PAINTHORPE , WAKEFIELD , WEST YORKSHIRE , WF4 3QP

Date of Birth                14/03/1960

Appointment Date        27/05/2004

 

 

SECRETARY      

 

STEPHEN PHILLIP WILKINSON

Address 27 , ATTLEE CRESCENT , WAKEFIELD , WEST YORKSHIRE , WF2 6RD

Recently Resigned Directors (last 3)

 

DIRECTOR    

 

PETER RICHARD JOHNSON

Occupation                  PRINTER

Address                        3 , HOLMFIELD , BUXTON , DERBYSHIRE , - -

Country of Origin         BRITISH

Date of Birth                06/12/1965

Resignation Date         31/01/2005

 

 

DIRECTOR          

 

YORK PLACE COMPANY NOMINEES LIMITED  -

Occupation                  FORMATION AGENT

Address                        12 , YORK PLACE , LEEDS , - -

Resignation Date         27/05/2004

 

 

Share Summary

 

Share Currency:                      GBP

Issued at date of report:           100 ORD           Shares of 100 pence each

 

Prinicipal Shareholders:          Type Of Share No. of Shares   Value

JONATHAN WILKINSON            ORD     100       100.00

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

 

 

Activities  

 

-          -  -

 

 

Sic Code          Description

2222                 Printing not elsewhere classified

 


 

Auditors    

 

HARRISON AND CO

Auditors Notes No Qualification. The Auditors have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/05/2005.

 

 

Bankers

 

HSBC BANK PLC

 

 

Sort Codes

 

404511

 

 

Financial Data

 

Profit and Loss

The following figures are shown in units of GBP '000

 

 

Number of Weeks

53

Accounts Date

31/05/2005

Currency

GBP '000

Consolidated?

No

 

 

 

BALANCE SHEET

The following figures are shown in units of GBP '000

 

 

Number of Weeks

53

Accounts Date

31/05/2005

Currency

GBP '000

Consolidated?

No

TOTAL FIXED ASSETS

1

 Tangible Assets

1

  Fixed Assets

1

TOTAL CURRENT ASSETS

116

 Total Debtors

63

 Cash

53

TOTAL ASSETS

118

TOTAL CURRENT LIABILITIES

34

 Other Current Liabilities

34

WORKING CAPITAL

82

TOTAL LONG TERM LIABS

0

 Total Provisions

0

NET ASSETS/(LIABILITIES)

83

SHARE CAPITAL + RESERVES

83

 Profit and Loss account

83

SHAREHOLDERS FUNDS

83

CAPITAL EMPLOYED

83

 

 

 

KEY CREDIT RATIOS

 

 

Accounts Date

31/05/2005

Current Ratio

3.37

Long Term Debt/T.N.W (%)

0.00

Quick Ratio

3.37

T.N.W/Total Assets

70.68

Equity Gearing

70.68

 

 

 

FINANCIAL COMPARISON

 

The following figures are shown in units of GBP '000

 

Number of Weeks

53

Accounts Date

31/05/2005

Currency

GBP '000

Other Deferred Liabs

0

Tangible Net Worth(T.N.W)

83

Equity

83

 

 

 

KEY INDUSTRY SECTOR TRENDS

 

 

 

Company

Industry Averages

 

31/05/2005

Lower

Median

Upper

Current Ratio

3.37

0.6

1

-

 

 

This comparison is based on the results of 0015043 companies in the same industrial sector: other printing & publishing


 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions