MIRA
INFORM REPORT
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Report Date : |
23.11.2006 |
IDENTIFICATION
DETAILS
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Name : |
TROOSTWIJK AUCTIONS LIMITED |
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Registered Office : |
39-40 Calthorpe Road, Edgbaston, Birmingham, B15 1TS |
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Country : |
United
Kingdom |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
21/10/2002 |
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Com. Reg. No.: |
04568195 |
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Legal Form : |
Private Limited With Share Capital |
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Line of Business : |
Industrial Auctioneers and Valuers. |
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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Maximum Credit Limit : |
GBP 800 |
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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 |
TROOSTWIJK AUCTIONS LIMITED |
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Holding Company |
TROOSTWIJK TITANIA HOLDING BV |
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Ultimate Holding Company |
THALATTA HOLDING BV |
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Risk Score |
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 800 |
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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 6,900 |
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Buying from this company? The Contract Limit is the recommended
aggregate annual value for supply contracts. |
Official Company Data
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Legal Form |
Private Limited with share capital |
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Registration Number |
04568195 |
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Date of Incorporation |
21/10/2002 |
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Registered Office |
39-40 CALTHORPE ROAD, EDGBASTON, BIRMINGHAM, B15 1TS . |
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History |
21/01/2003 : Change of name from ROWAN (153) LIMITED |
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Date of Last Annual Return to Registry |
21/10/2005 |
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Activities |
INDUSTRIAL AUCTIONEERS AND VALUERS. - - |
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Accounts |
The last filed accounts cover the period to 31/12/2005 and were
presented to Companies House on 06/10/2006 |
Recently Filed Documents
Details
of the most recent documents
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Date Received |
Description |
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08/03/2005 |
Notification Of A Change Among The Directors Of A Company |
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16/10/2003 |
Notification Of A Change Among The Directors Of A Company |
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05/04/2003 |
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 |
MANAGING DIRECTOR AUCTIONEER |
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Address |
HOGE DUIN EN DAALSEWEG 42 , BLOEMENDAAL , 2061 AH
, HOLLAND , |
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Date of Birth |
23/04/1952 |
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Appointment Date |
01/04/2003 |
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SECRETARY |
TJADE SANDOR DIEKER |
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Address |
UIT DEN BOSSTRAAT 14 , THE , NETHERLANDS , |
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Country of Origin |
BRITISH |
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Date of Birth |
12/02/1975 |
Recently Resigned Directors (last
3)
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DIRECTOR |
GEORGE GORDON JUDE |
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Occupation |
COMPANY DIRECTOR |
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Address |
171 , BRIDGNORTH ROAD , STOURBRIDGE , WEST
MIDLANDS , - - |
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Country of Origin |
BRITISH |
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Date of Birth |
20/07/1945 |
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Resignation Date |
08/03/2005 |
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DIRECTOR |
ROWAN FORMATIONS LIMITED - |
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Occupation |
DIRECTOR |
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Address |
135 , AZTEC WEST , BRISTOL , - - |
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Country of Origin |
BRITISH |
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Resignation Date |
01/04/2003 |
Share Summary
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Share Currency: |
GBP |
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Issued at date of report: |
2 ORD |
Shares of 100 pence each |
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Prinicipal Shareholders: |
Type Of Share |
No. of Shares |
Value |
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TROOSTWIJK TITANIA HOLDING BV |
ORD |
2 |
2.00 |
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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 |
INDUSTRIAL AUCTIONEERS AND VALUERS. - - |
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Sic Code |
Description |
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7487 |
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Auditors |
CLEMENT KEYS |
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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
31/12/2005. |
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Bankers |
- |
Financial Data
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Profit and Loss |
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The following figures are shown in units of GBP '000 |
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Number of Weeks |
52 |
52 |
52 |
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Accounts Date |
31/12/2005 |
31/12/2004 |
31/12/2003 |
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Currency |
GBP '000 |
GBP '000 |
GBP '000 |
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Consolidated? |
No |
No |
No |
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Depreciation |
3 |
- |
- |
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Balance Sheet |
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The following figures are shown in units of GBP '000 |
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Number of Weeks |
52 |
52 |
52 |
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Accounts Date |
31/12/2005 |
31/12/2004 |
31/12/2003 |
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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 |
3 |
5 |
6 |
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Tangible Assets |
3 |
5 |
6 |
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Fixed Assets |
3 |
5 |
6 |
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TOTAL CURRENT ASSETS |
656 |
14 |
548 |
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Total Debtors |
212 |
7 |
60 |
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Cash |
445 |
8 |
488 |
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TOTAL ASSETS |
659 |
20 |
555 |
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TOTAL CURRENT LIABILITIES |
647 |
236 |
588 |
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Other Current Liabilities |
647 |
236 |
588 |
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WORKING CAPITAL |
10 |
-222 |
-39 |
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NET ASSETS/(LIABILITIES) |
12 |
-216 |
-33 |
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SHARE CAPITAL + RESERVES |
12 |
-216 |
-33 |
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Issued Share Capital |
0 |
0 |
0 |
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Profit and Loss account |
12 |
-216 |
-33 |
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SHAREHOLDERS FUNDS |
12 |
-216 |
-33 |
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CAPITAL EMPLOYED |
12 |
-216 |
-33 |
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Key Credit Ratios |
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Accounts Date |
31/12/2005 |
31/12/2004 |
31/12/2003 |
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Current Ratio |
1.01 |
0.06 |
0.93 |
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Long Term Debt/T.N.W (%) |
0.00 |
0.00 |
0.00 |
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Quick Ratio |
1.01 |
0.06 |
0.93 |
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T.N.W/Total Assets |
1.88 |
-1091.87 |
-5.96 |
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Equity Gearing |
1.88 |
-1091.87 |
-5.96 |
Financial Comparison
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The following figures are shown in units of GBP '000 |
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Number of Weeks |
52 |
52 |
52 |
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Accounts Date |
31/12/2005 |
31/12/2004 |
31/12/2003 |
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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) |
12 |
-216 |
-33 |
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Equity |
12 |
-216 |
-33 |
Key Industry Sector Trends
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Company |
Industry Averages |
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31/12/2005 |
Lower |
Median |
Upper |
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Current Ratio |
1.01 |
0.8 |
1 |
1.8 |
This comparison is based on the results of 0325633 companies in
the same industrial sector: business services nes
Financial Summary
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Working Capital |
The company's working capital improved in the period by -104% |
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Tangible Net Worth |
Net worth increased by 228,499 during the period and now stands
at GBP 12,363 |
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Fixed Assets |
The subjects fixed assets reduced during the period by
GBP 2,614 to GBP 2,825 and are now 0% of total assets compared with
27% 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 |
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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