MIRA
INFORM REPORT
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Report Date : |
23.08.2007 |
IDENTIFICATION
DETAILS
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Name : |
CJW JEWELLERY LTD |
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Registered Office : |
3rd Floor, |
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Country : |
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Financials (as on) : |
28.02.2006 |
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Date of Incorporation : |
01/05/2001 |
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Com. Reg. No.: |
04209226 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Wholesaler of jewellery |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company
Identification Details
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Subject Reported on |
CJW JEWELLERY LTD |
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Telephone |
020-8989-1133 |
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Registered Office |
3rd Floor, |
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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 |
Selling to this company? The Credit Limit is the recommended
maximum outstanding debtor exposure at any one time. |
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Contract Limit |
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 Liability Company (GB) |
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Registration Number |
04209226 |
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Date of Incorporation |
01/05/2001 |
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Registered Office |
3rd Floor, |
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Date of Last Annual Return to Registry |
01/05/2006 |
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Activities |
Wholesaler of jewellery |
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Accounts |
The last filed accounts cover the period to 28/02/2006 and
were filed on 31/01/2007 |
Recently Filed
Documents
Details of the most recent documents
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Date
Received |
Description |
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01/05/2006 |
Annual Return |
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28/02/2006 |
Financial Statement / Set of Accounts |
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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 |
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Address |
TUDOR COTTAGE 16, TUDOR CLOSE , WOODFORD GREEN
, |
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Date of Birth |
04/07/1952 |
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Appointment Date |
07/01/2005 |
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Other Appointments |
B & G MESSIAS LIMITED, C.J.W. MANUFACTURING
LIMITED, GOLDSTAR JEWELLERY UK LIMITED, CJW JEWELLERY LTD, 4
TALBOT ROAD LTD., EUROSTAR DIAMONDS LIMITED |
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SECRETARY |
MRS MELANIE SHLOSBERG |
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Address |
TUDOR COTTAGE 16 TUDOR CLOSE, , WOODFORD GREEN
, |
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Country of Origin |
BRITISH |
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Date of Birth |
10/08/1956 |
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Appointment Date |
07/01/2005 |
Recently Resigned
Directors (last 3)
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DIRECTOR |
RONEN SEGAL |
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Occupation |
IT ENGINEER |
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Address |
TUDOR COTTAGE 16 , TUDOR CLOSE , WOODFORD GREEN
, ESSEX , - - |
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Country of Origin |
ISRAELI |
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Date of Birth |
11/02/1975 |
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Resignation Date |
07/01/2005 |
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DIRECTOR |
ERRAN DAHUD |
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Occupation |
DIRECTOR |
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Address |
43 , SHERINGHAM , |
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Country of Origin |
BRITISH |
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Date of Birth |
21/04/1966 |
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Resignation Date |
04/04/2003 |
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DIRECTOR |
RONEN SEQAL |
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Occupation |
IT ENGINEER |
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Address |
16 , TUDOR CLOSE , WOODFORD GREEN , ESSEX
, - - |
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Country of Origin |
ISRAELI |
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Date of Birth |
11/02/1975 |
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Resignation Date |
22/02/2003 |
Share Summary
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Priniciple Shareholders: |
Type Of Share |
No. of Shares |
Value |
%age |
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Alon Shlosberg |
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100.00 |
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Mortgages and Charges
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There are no mortgages |
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Public Record
Information
Summary of CCJ's/Scottish Decrees
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There are no unsatisfied CCJs against the company. |
Operations
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Activities |
Wholesaler of jewellery |
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Sic Code |
Description |
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5248 |
Other retail sale in specialised stores |
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3622 |
Manufacture of jewellery and related articles not
elsewhere classified |
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Staff Employed |
3 |
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Auditors |
Wolfson Associates |
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Auditors Notes |
No Qualification. The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the latest accounts. |
Financial Data
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The following figures are shown in units of 000 |
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Profit and Loss |
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
28/02/2006 |
28/02/2005 |
31/12/2003 |
28/02/2003 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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RETAINED PROFITS |
- |
- |
- |
- |
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Balance Sheet |
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
28/02/2006 |
28/02/2005 |
31/12/2003 |
28/02/2003 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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TOTAL FIXED ASSETS |
10 |
7 |
0 |
0 |
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Total Fixed Assets |
10 |
7 |
- |
- |
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TOTAL CURRENT ASSETS |
1,680 |
1,430 |
0 |
0 |
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Stocks |
244 |
223 |
- |
- |
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Trade Debtors |
674 |
803 |
- |
- |
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Cash |
762 |
405 |
0 |
0 |
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TOTAL ASSETS |
1,690 |
1,438 |
0 |
0 |
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TOTAL CURRENT LIABILITIES |
1,263 |
1,085 |
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Other Current Liabilities |
1,263 |
1,085 |
- |
- |
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WORKING CAPITAL |
417 |
346 |
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TOTAL LONG TERM LIABS |
0 |
0 |
0 |
0 |
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NET ASSETS/(LIABILITIES) |
428 |
353 |
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SHARE CAPITAL + RESERVES |
428 |
353 |
0 |
0 |
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Issued Share Capital |
0 |
0 |
0 |
0 |
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Profit and Loss account |
428 |
353 |
0 |
0 |
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SHAREHOLDERS FUNDS |
428 |
353 |
0 |
0 |
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CAPITAL EMPLOYED |
428 |
353 |
0 |
0 |
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TANGIBLE NET WORTH |
428 |
353 |
0 |
0 |
Key Credit Ratios
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Accounts Date |
28/02/2006 |
28/02/2005 |
31/12/2003 |
28/02/2003 |
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Current Ratio |
1.33 |
1.32 |
- |
- |
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Quick Ratio |
- |
- |
- |
- |
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T.N.W/Total Assets |
0.25 |
0.25 |
- |
- |
Financial Summary
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Working Capital |
The company's working capital improved in the period by
21% |
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Tangible Net Worth |
Net worth increased by 75,000 during the period and now
stands at GBP 428,000 |
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Fixed Assets |
The subjects fixed assets increased during the period by
GBP 3,000 to GBP 10,000 and are now 1% 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. |
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)