MIRA
INFORM REPORT
|
Report Date : |
18th
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
LALLEMAND U.K. LIMITED |
|
|
|
|
Registered Office : |
24 Great King Street, Edinburgh, Eh3
6qn, Eh3 6qn |
|
|
|
|
Country : |
United
Kingdom |
|
|
|
|
Financials (as on) : |
28/01/2006 |
|
|
|
|
Date of Incorporation : |
07.12.1994 |
|
|
|
|
Com. Reg. No.: |
SC154790 |
|
|
|
|
Legal Form : |
Limited
Company |
|
|
|
|
Line of Business : |
The sale and promotion of products for
beverage fermentation. |
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 |
|
Maximum Credit Limit : |
£100,000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular
|
|
|
|
|
Litigation : |
Clear |
Company name
LALLEMAND U.K. LIMITED
Identification
|
Company
Number |
1956255 |
|
Registered
Number |
SC154790 |
|
Registered
Name |
LALLEMAND U.K. LIMITED |
|
Previous
Reg Name(s) |
PARCANE LIMITED until 04/01/1995 |
|
Trading
As |
A B VICKERS |
|
Enquired
As |
A B VICKERS |
|
SIC
Code |
51550, Wholesale of chemical products |
|
Status |
Large |
|
Principal
Activities |
The sale and promotion of products for
beverage fermentation. |
|
Date
Commenced Trading |
01/11/2000 |
|
Number
of Employees |
30 |
|
|
|
|
Trading
Address |
DALLOW STREET, BURTON UPON TRENT,
STAFFORDSHIRE, DE14 2PQ |
|
Telephone
Number |
01283 563268 |
|
Fax
Number |
01283 511472 |
|
E-Mail |
abvickers@lallemand.com |
|
|
|
|
Registered
Office |
24 GREAT KING STREET, EDINBURGH, EH3
6QN, EH3 6QN |
|
Previous
1 Registered Office |
UNIT 21,EVANS BUSINESS CENTRE,
MITCHELSTON DRIVE, KIRKCALDY, FIFE, KY1 3UF |
|
Previous
2 Registered Office |
INTER-SCOT HOUSE, UNIT 1, MIDFIELD
ROAD, MITCHELSTON INDUSTRIAL ESTATE, KIRKCALDY FIFE, KY1 3NL |
|
Incorporation
Date |
07/12/1994 |
|
Issued
Capital (£) |
4,000,000 |
|
Auditors |
KPMG LLP |
|
Type
of Accounts |
Full Accounts |
|
Date
Accounts Lodged |
21/09/2006 |
|
Latest
Filed Accounts Date |
28/01/2006 |
|
Date
of Analysed Accounts |
28/01/2006 |
|
Date
of Analysed Annual Return |
24/11/2005 |
|
Date
of Latest Annual Return |
24/11/2005 |
|
Company
is |
Large |
|
Insolvency
Proceedings |
No |
|
Winding
Up Petitions |
No |
|
Audit
Qualification |
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 28/01/2006. |
Verbal Confirmation
Confirmed
Address Confirmation
Unconfirmed
CCJs
Summary
Total value of unsatisfied exact match CCJs for the
last 6 years = £0
Total value of unsatisfied probable match CCJs for the last 6 years = £0
Total value of unsatisfied possible match CCJs for the last 6 years = £0
Secretaries
PHILIP ERIC
WAINWRIGHT
|
Name |
PHILIP ERIC WAINWRIGHT |
|
Appointment
Date |
23/04/2004 |
|
Date
of Birth |
17/05/1949 |
|
Occupation/Function |
DIRECTOR |
|
Address |
11 STANTON AVENUE, BELPER,
DERBYSHIRE, DE56 1EE |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
6 |
|
Live
Directorships of Dissolved Companies |
11 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
17 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
|
AXIS AGRICULTURAL LIMITED |
|
01040783 |
Dissolved |
|
AXIS AGRICULTURAL LIMITED |
|
01040783 |
Dissolved |
|
AXIS FEEDS LIMITED |
|
01440925 |
Dissolved |
|
AXIS FEEDS LIMITED |
|
01440925 |
Dissolved |
|
BIOTAL ENVIRONMENTAL LIMITED |
|
01715188 |
Dissolved |
|
BIOTAL ENVIRONMENTAL LIMITED |
|
01715188 |
Dissolved |
|
BIOTREATMENT LIMITED |
|
01906423 |
Dissolved |
|
BIOTREATMENT LIMITED |
|
01906423 |
Dissolved |
|
QBIC LIMITED |
|
02886448 |
Dissolved |
|
QBIC INTERNATIONAL LIMITED |
|
02886652 |
Dissolved |
|
QBIC HEALTHCARE LIMITED |
|
02887789 |
Dissolved |
Directors
PHILIP
ERIC WAINWRIGHT
|
Name |
PHILIP ERIC WAINWRIGHT |
|
Appointment
Date |
17/04/2002 |
|
Date
of Birth |
17/05/1949 |
|
Occupation/Function |
FINANCE DIRECTOR |
|
Address |
11 STANTON AVENUE, BELPER,
DERBYSHIRE, DE56 1EE |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
6 |
|
Live
Directorships of Dissolved Companies |
11 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
17 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
|
AXIS AGRICULTURAL LIMITED |
|
01040783 |
Dissolved |
|
AXIS AGRICULTURAL LIMITED |
|
01040783 |
Dissolved |
|
AXIS FEEDS LIMITED |
|
01440925 |
Dissolved |
|
AXIS FEEDS LIMITED |
|
01440925 |
Dissolved |
|
BIOTAL ENVIRONMENTAL LIMITED |
|
01715188 |
Dissolved |
|
BIOTAL ENVIRONMENTAL LIMITED |
|
01715188 |
Dissolved |
|
BIOTREATMENT LIMITED |
|
01906423 |
Dissolved |
|
BIOTREATMENT LIMITED |
|
01906423 |
Dissolved |
|
QBIC LIMITED |
|
02886448 |
Dissolved |
|
QBIC INTERNATIONAL LIMITED |
|
02886652 |
Dissolved |
|
QBIC HEALTHCARE LIMITED |
|
02887789 |
Dissolved |
CRISTIAN SANCHEZ
|
Name |
CRISTIAN SANCHEZ |
|
Appointment
Date |
16/01/1995 |
|
Date
of Birth |
11/06/1945 |
|
Occupation/Function |
PRESIDENT DIRECTOR |
|
Address |
CHEMIN DU COLLEGE, 820 PIBRAC |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
1 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
1 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
LESLIE STUART PATTERSON
|
Name |
LESLIE STUART PATTERSON |
|
Appointment
Date |
01/01/2004 |
|
Date
of Birth |
05/07/1947 |
|
Occupation/Function |
MANAGING DIRECTOR |
|
Address |
THE WHITE HOUSE CHURCH LANE, ACKLAM,
MIDDLESBROUGH, CLEVELAND, TS5 7EF |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
2 |
|
Live
Directorships of Dissolved Companies |
3 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
5 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
|
KETTINE LIMITED |
|
02079684 |
Dissolved |
|
GRACELEIGH LIMITED |
|
02432193 |
Dissolved |
|
NRG MARKETING LIMITED |
|
02449690 |
Dissolved |
CLAUDE ESPEILLAC
|
Name |
CLAUDE ESPEILLAC |
|
Appointment
Date |
27/02/2001 |
|
Date
of Birth |
05/11/1953 |
|
Occupation/Function |
MANAGING DIRECTOR FERMENTED BE |
|
Address |
5 RUE NICOLAS D'ALAYRAC, BALMA |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
1 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
1 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
OLIVIER CLECH
|
Name |
OLIVIER CLECH |
|
Appointment
Date |
23/04/2004 |
|
Date
of Birth |
04/04/1966 |
|
Occupation/Function |
GENERAL MANAGER |
|
Address |
17 RUE DE LA PLAINE, 31490 LEGUEVIN |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
3 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
3 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
REJEAN LANDRY
|
Name |
REJEAN LANDRY |
|
Appointment
Date |
27/02/2001 |
|
Date
of Birth |
12/11/1952 |
|
Occupation/Function |
VICE-PRESIDENT FINANCE & ADMI. |
|
Address |
1835 LANGEVIN, CHAMBLY, QUEBEC |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
3 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
3 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BIOTAL INDUSTRIAL PRODUCTS LIMITED |
|
02642871 |
Non-Trading |
|
BIOTAL LIMITED |
|
02886133 |
Large Unquoted |
|
LALLEMAND U.K. LIMITED |
|
SC154790 |
Large Unquoted |
Ownership
HOLDING AND ULTIMATE HOLDING COMPANY
|
Ultimate
Holding Company |
LALLEMAND INC., CAN |
|
Holding
Company |
Lallemand Inc., CAN |
SHARE CAPITAL STRUCTURE
|
Class of Shares |
Par
Value (pence) |
Number
of Shares |
Issued
Capital |
|
ORDINARY |
100 |
4,000,000 |
£4,000,000 |
SHAREHOLDERS
|
Shareholder Name & Address |
Class of Shares |
Number
of Shares |
Issued
Capital |
Shareholding
Number |
|
Lallemand Inc. |
ORDINARY |
4,000,000 |
£4,000,000 |
1 |
Key Financial Information
PROFIT AND LOSS ACCOUNT
|
Date
of Accounts |
28/01/2006 |
29/01/2005 |
31/01/2004 |
31/01/2003 |
|
Consolidated |
No |
No |
No |
No |
|
Subsidiary |
Yes |
Yes |
Yes |
Yes |
|
No of
Weeks |
52 |
52 |
52 |
52 |
|
Currency |
(£
'000) |
(£
'000) |
(£
'000) |
(£
'000) |
|
Audit
Qualification |
No |
No |
No |
No |
|
Turnover |
7,496 |
7,117 |
6,496 |
6,076 |
|
Cost
of Sales |
3,890 |
3,613 |
3,324 |
3,696 |
|
Gross
Profit |
3,606 |
3,504 |
3,172 |
2,380 |
|
Operating
Profit |
1,084 |
1,107 |
704 |
863 |
|
Pre-Tax
Profit |
830 |
682 |
318 |
501 |
|
Profit
after Tax |
552 |
447 |
192 |
335 |
|
Retained
Profit |
52 |
53 |
(708) |
335 |
BALANCE SHEET
|
Date
of Accounts |
28/01/2006 |
29/01/2005 |
31/01/2004 |
31/01/2003 |
|
Consolidated |
No |
No |
No |
No |
|
Subsidiary |
Yes |
Yes |
Yes |
Yes |
|
No of
Weeks |
52 |
52 |
52 |
52 |
|
Currency |
(£ '000) |
(£
'000) |
(£
'000) |
(£
'000) |
|
Total
Fixed Assets |
6,386 |
6,487 |
6,691 |
6,074 |
|
Stocks |
1,364 |
1,029 |
946 |
861 |
|
Cash |
151 |
230 |
1,416 |
836 |
|
Total
Current Assets |
3,202 |
3,266 |
4,327 |
7,062 |
|
Creditors
Amounts Falling Due Within One Year |
1,711 |
932 |
1,037 |
2,495 |
|
Total
Assets Less Current Liabilities |
7,877 |
8,821 |
9,981 |
10,641 |
|
Total
Long Term Liabilities |
3,750 |
4,746 |
5,959 |
5,911 |
|
Total
Liabilities |
5,461 |
5,678 |
6,996 |
8,406 |
|
Bank
Overdraft |
0 |
0 |
0 |
0 |
|
Bank
Loans - Current Portion |
0 |
0 |
0 |
0 |
|
Shareholders
Funds |
4,127 |
4,075 |
4,022 |
4,730 |
|
Capital
Employed |
7,877 |
8,821 |
9,981 |
10,641 |
|
Net
Worth |
2,759 |
2,620 |
2,455 |
3,830 |
|
Working
Capital |
1,491 |
2,334 |
3,290 |
4,567 |
KEY RATIOS
|
Ratio |
28/01/2006 |
29/01/2005 |
31/01/2004 |
31/01/2003 |
|
Acid
Test |
1.07 |
2.40 |
3.26 |
2.49 |
|
Current
Liquidity |
1.87 |
3.50 |
4.17 |
2.83 |
|
Interest
Burden |
24.34 |
33.01 |
52.11 |
40.85 |
|
Days
Sales Outstanding (DSO) |
54 |
62 |
51 |
75 |
|
Days
Purchases Outstanding (DPO) |
62 |
33 |
52 |
44 |
|
Creditor
Days |
32 |
17 |
27 |
27 |
Key Filings
|
Date |
Description |
|
03/11/2006 |
Memorandum of satisfaction |
|
03/06/2004 |
Change among the directors of a
company |
|
24/09/2003 |
Alteration in memorandum or articles
of association |
|
10/06/2003 |
Particulars of a charge |
|
08/02/2002 |
Resolutions which give, vary, revoke
or renew an authority for the purposes of section 80 (allotment of
securities) |
|
08/02/2002 |
Special resolutions passed under
section 95 disapplication of pre-emption rights |
Credit History
There is no Credit History
for LALLEMAND U.K. LIMITED recorded in the Database
Trade References
There are no Trade
References for LALLEMAND U.K. LIMITED
Assessors Notes
Non Limited Bankruptcies & CCJs (A B Vickers):No
matching Data found
We have been unable to confirm if the subject operate with other suppliers on a
credit basis.
Conclusion
We would recommend a maximum
credit limit of £100,000
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 |
|