MIRA
INFORM REPORT
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Report Date : |
25.06.2007 |
IDENTIFICATION DETAILS
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Name : |
ALLIGATOR BOOKS LIMITED |
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Registered Office : |
Belgrave House, |
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Country : |
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Financials (as on) : |
31.03.2006 |
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Date of Incorporation : |
19/11/1999 |
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Com. Reg. No.: |
03880302 |
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Legal Form : |
Private Limited |
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Line of Business : |
Book publishers. |
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
Subject Reported
on ALLIGATOR BOOKS
LIMITED
Address 1ST FLOOR GADD
HOUSE,
Telephone 020 8371 6622
Facsimile 020 8371 6633
Email sales@alligatorbooks.co.uk
Web Address www.alligatorbooks.co.uk
Creditline Recommendations
Monthly Credit Guide GBP 20,500
Risk Category NORMAL RISK
Official Company Data
Legal Form Private Limited
Registration
Number 03880302
VAT Number GB749236506
Date of
Incorporation 19/11/1999
Registered Office BELGRAVE HOUSE,
HATFIELD
History 22/04/2006 : The Registered
Office address changed from 2ND FLOOR 45
Previously located
at
29/05/2003 : The
Registered Office address changed from 38 OSNABURGH
STREET,
11/05/2001 : The
Registered Office address changed from
29/04/2000 : The
Registered Office address changed from 37/41BEDFORD ROW,
Date of Last
Annual
Return to Registry
19/11/2006
Accounts The last filed
accounts at Companies House are those to 31/03/2006
Accounting
Reference
Date 31/03
Operations
Activities Book publishers.
Nace Code 2211
Premises Leased, Offices
Staff Employed 16
Product Names ALLIGATOR
Import Countries FAR EAST
Export Countries ALL OVER THE WORLD
Bankers HSBC BANK PLC
Address
Sort Code 401615
Auditors KPMG Audit Plc
Branches GADD
HOUSE,
Public Record
Information
Summary of
CCJ's/Scottish Decrees
No CCJs/Scottish Decrees are recorded in our
file.
Summary of Mortgages,
Charges and
Satisfactions
Total Number of
Mortgages/Charges Registered 3
Number Outstanding
1
Number Partially
Satisfied 0
Number Satisfied 2
Date of Latest Mortgage
Created 13/04/2006
Date of Latest
Satisfaction 21/04/2006
Details of most
recent Mortgages,
Charges and
Satisfactions
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Date Fully |
Date |
Date |
Charge |
Form Type |
Lender |
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20/04/2006 |
13/04/2006 |
Debenture |
395 |
Hsbc Bank Plc |
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21/04/2006 |
22/06/2001 |
04/06/2001 |
Debenture |
395 |
Barclays Bank Plc |
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21/04/2006 |
27/04/2000 |
20/04/2000 |
Debenture |
395 |
An:X Clothing ( |
It should be noted
that there is no legal requirement to file satisfaction details of
mortgages/charges at Companies House.
Other Filings and
Notices
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Date |
Source |
Description |
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24/05/2006 |
Companies House Gazette |
Change among the directors of a company |
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22/04/2006 |
Companies House Gazette |
Change among the directors of a company |
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24/11/2000 |
Companies House Gazette |
Change among the directors of a company |
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24/11/1999 |
Companies House Gazette |
Change among the directors of a company |
Company Secretary
Secretary MR NEIL
SIMON RODOL
Address
3JE.
Country of Origin UNITED KINGDOM
Date of Birth 28/09/1962
Appointment Date 19/11/1999
Other
Directorships KENLEYS LIMITED
Directors
Director STIG
ANDERS HEDLAND
Address SPRING MEADOW,
Country of Origin
Date of Birth 06/04/1957
Appointment Date 06/04/2006
Other Directorships ANKER
INTERNATIONAL P L C
Director ANDREW
HARLEY RABIN
Address GARDEN FLAT
Country of Origin UNITED KINGDOM
Date of Birth 23/03/1968
Appointment Date 19/11/1999
Other
Directorships KENLEYS
LIMITED, 9 OAKHILL AVENUE FREEHOLD LIMITED
Director NICHOLAS FISHER
Address
Country of Origin UNITED KINGDOM
Date of Birth 13/06/1958
Appointment Date 06/04/2006
Other
Directorships ANKER
INTERNATIONAL P L C, INTERNATIONAL GREETINGS PLC, TOM
SMITH
CHRISTMAS CRACKERS LIMITED, SCOOP DESIGNS LIMITED, BRITE
LIMITED, SCANDINAVIAN
DESIGN LIMITED, GIFT DESIGN LIMITED, TOM
SMITH
LIMITED, ALFRED FRANKS & BARTLETT PUBLIC LIMITED
COMPANY, I.
G. EMPLOYEE SHARE TRUSTEE LIMITED, COPYWRITE
DESIGNS
LIMITED, AFB LICENSING LIMITED
Director MR NEIL
SIMON RODOL
Address
3JE.
Country of Origin UNITED KINGDOM
Date of Birth 28/09/1962
Appointment Date 19/11/1999
Other
Directorships KENLEYS LIMITED
Director MR ROBERT
JULIAN BIER
Address 4 MEADWAY,
Country of Origin UNITED KINGDOM
Date of Birth 03/03/1957
Appointment Date 09/11/2000
Other
Directorships AN:X CLOTHING (
KENLEYS
LIMITED, JELLYFISH UK LIMITED, THE GOURMET CANDY
COMPANY
LIMITED
Financial Director MARK
PAUL COLLINI
Address 29
Country of Origin UNITED KINGDOM
Date of Birth 07/05/1956
Appointment Date 06/04/2006
Other
Directorships ANKER
INTERNATIONAL P L C, INTERNATIONAL GREETINGS PLC, BRITE
SPARKS
LIMITED, I. G. EMPLOYEE SHARE TRUSTEE LIMITED, COPYWRITE
DESIGNS
LIMITED
Share Capital
Shares Ordinary GBP 1.00
Issued Number 999
Principal
Shareholder 333 Robert
Julian Bier
333 Neil
Simon Rodol
333 Andrew
Rabin
The above reflects
the principle shareholder(s) by number of shares held, irrespective of share
classification type.
Payment Analysis
(No Payment
Analysis Data is Available)
Financial Data
Profit and Loss
The following
figures are shown in units of 1000
Number of Weeks 48 52 52 52
Accounts Date 31/03/2006 30/04/2005 30/04/2004 30/04/2003
Currency GBP GBP GBP GBP
SALES 5692 5544
Cost of goods sold 3946 3959
GROSS PROFIT 1746 1585
Wages and Salaries 483 558
Directors
Emoluments 86 109
Auditors Fees 10 8
Trading Profit 553 560
Depreciation 33 29
OPERATING PROFIT 520 531
Non Trading Income 6
Interest Payable 82 97
PRE TAX PROFIT 438 440
Taxation 114 109
PROFIT AFTER TAX 324 331
Dividends Payable 425 99
RETAINED PROFITS (101) 232
Balance Sheet
The following
figures are shown in units of 1000
Number of Weeks 48 52 52 52
Accounts Date 31/03/2006 30/04/2005 30/04/2004 30/04/2003
Currency GBP GBP GBP GBP
TOTAL FIXED ASSETS 55 69 60 42
Tangible Assets 51 64 54 26
Fixed Assets 51 64
Intangible Assets 4 5 6 16
TOTAL CURRENT
ASSETS 3054 2598 2574 2652
Trade debtors 1285 1133 1471 1450
Stocks 1417 1103 1089 1139
Other Current
Assets 352 362 14 63
Misc Current
Assets 284 360
Cash 68 2 14 63
TOTAL ASSETS 3109 2667 2634 2694
TOTAL CURRENT
LIABILITIES 2842 2300 2499 2603
Trade creditors 647 924 1003 894
Short Term Loans 1838 1088 1496 1709
Bank Overdraft 1838 943 1486 1692
Due To Group 145 10 17
Other Liabilities 357 288
WORKING CAPITAL 212 298 75 49
NET
ASSETS/(LIABILITIES) 267 367 135 91
SHARE CAPITAL +
RESERVES 267 367 135 91
Share Cap + Sundry
Res 1 1 1 1
Issued Share
Capital 1 1
Profit and Loss
account 266 366 134 90
SHAREHOLDERS FUNDS 267 367 135 91
CAPITAL EMPLOYED 267 367 135 91
Financial
Comparison
The following
figures are shown in units of 1000
Number of Weeks 48 52 52 52
Accounts Date 31/03/2006 30/04/2005 30/04/2004 30/04/2003
Currency GBP GBP GBP GBP
Directors
Remuneration 86 109
Auditors
Remuneration 10 8
Liquid Assets 1353 1135 1485 1513
Net Working
Capital 212 298 75 49
Tangible Net
Worth(T.N.W) 263 362 129 75
Equity 267 367 135 91
Number of Years
Trading 7 6 5 4
Number of
Employees 16 17
Profit per
Employee 27375 25882.4
Sales per Employee 355750 326117.6
Key Credit Ratios
The following
figures are shown as Ratios or Percentages
Accounts Date 31/03/2006 30/04/2005 30/04/2004 30/04/2003
Current Ratio 1.1 1.1 1 1
Pre Tax Profit
Margin% 7.7 7.9
Gross Profit% 30.7 28.6
Debtors Days
(D.S.O) 82 75
Creditors Days
(D.P.O) 41 61
Quick Ratio 0.6 0.7 0.6 0.6
W.I.P/Inventory
Days 131.1 101.7
Return on
Investment% 24.7 36.9
Return on Assets% 14.1 16.5
T.N.W/Total
Assets% 8.5 13.6 4.9 2.8
Return on Capital% 164 119.9
Rtn on
Shareholders Funds% 164 119.9
Working
Capital/Sales% 3.7 5.4
Borrowing Ratio% 698.9 300.6 1159.7 2278.7
Equity Gearing% 9.4 16 5.4 3.5
Stock Turnover 4 5
Days Purchases
Outstanding 59.8 85.2
Key Industry Sector
Trends
Year 2006 2005 2004 2003
Sample Size 3696 6724 6598 6241
Pre-Tax Profit
Margin 5 3.3 2.5 1.1
Current Ratio 1.6 1.5 1.4 1.4
Borrowing Ratio (18.6) (14.8) (7.7) (3.4)
Return on Capital 43.1 41.7 39.7 42.7
Creditors Days 112 159 153 147
Above figures
relate to companies in 1992 Standard Industry Classification (Nace) sector :
Publishing
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/03/2006.
Turnover
The subjects turnover has increased by 3 % in the year.
Operating Profit
Totaled GBP 520,000. In the year prior a Profit of GBP 531,000 was achieved.
Working Capital
The company's working capital, while remaining positive, decreased by 29 % in the period.
Fixed Assets
The subject's fixed assets reduced during the year by GBP 14,000 to GBP 55,000 and are now 1 % of total assets compared with 2 % in the previous year.
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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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%)