MIRA
INFORM REPORT
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Report Date : |
09.05.2007 |
IDENTIFICATION DETAILS
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Name : |
SAPHENA LTD |
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Registered Office : |
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Country : |
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Financials (as on) : |
28.01.2006 |
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Date of Incorporation : |
20/06/1955 |
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Com. Reg. No.: |
00550909 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Buying arm for Signet Trading Ltd |
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 : |
Unknown |
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Litigation : |
Clear |
Company
Identification Details
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Subject Reported on |
SAPHENA LTD |
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Holding Company |
ERNEST JONES (JEWELLERS) P L C |
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Trading Address |
IMPERIAL PL, |
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Telephone |
020-8242-8250 |
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Contract Limit |
Buying from this company? The Contract Limit is the
recommended aggregate annual value for supply contracts. |
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Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
00550909 |
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Date of Incorporation |
20/06/1955 |
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Registered Office |
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Date of Last Annual Return to Registry |
25/06/2006 |
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Activities |
Buying arm for Signet Trading Ltd |
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Accounts |
The last filed accounts cover the period to 28/01/2006 |
Recently Filed
Documents
Details of the most recent documents
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Date
Received |
Description |
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25/06/2006 |
Annual Return |
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28/01/2006 |
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 |
CHARTERED ACCOUNTANT |
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Address |
IVY CLOSE COTTAGE, WOLVERTON, |
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Country of Origin |
BRITISH |
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Date of Birth |
21/04/1952 |
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Appointment Date |
01/04/1995 |
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Other Appointments |
H SAMUEL LTD, EVERITE WATCHES LTD , JAMES WALKER
GOLDSMITH AND SILVERSMITH LIMITED, SAQUI & LAWRENCE LTD
, ERNEST JONES & CO.(LONDON)LTD , SIGNET GROUP
PLC, PILLING & SONS LTD , EJ LTD , REGENT JEWELLERS
(CROYDON) LTD , ERNEST JONES (UNIVERSAL STORES) LIMITED, SAPHENA
LTD , MILLAR STONE AND JONAS LIMITED, T.& J.PERRY LTD
, STEPHEN'S JEWELLERS LTD , JADALES LTD , MONDALES LTD
, MAXWELL'S (JEWELLERS) LTD , ROGER LANDES LIMITED, C.L.
EDWARDS & SONS LTD , ERNEST JONES (SUBURBAN) LIMITED, S.&
F.SHOPFITTERS LIMITED, LESLIE DAVIS (MANUFACTURING) LTD , L DAVIS
LTD , CHECKBURY LTD , HOWARD LAWRENCE DISTRIBUTORS LTD
, DIGOFEN LTD , TERRY'S (JEWELLERS) LTD , GAMEGA LTD
, ERNEST JONES (JEWELLERS) P L C , TRICKERLONG LTD , SIGNET
JEWELLERY LTD , REGENT JEWELLERS OF LONDON LTD , ROBERT EDWARDS
(JEWELLERS) LTD, Z J FINANCIAL SERVICES LTD , SIGNET JEWELLERY
GROUP LTD , RATNERS LTD , RATNERS TRUSTEES LTD , RATNERS
PROPERTY DEVELOPMENTS LTD , COLLINGWOOD THE COUNTY JEWELLERS LTD
, J. WEIR & SON LIMITED, HARRIS (JEWELLERY) LIMITED , TGP
186 LIMITED, REGENT JEWELLERS LIMITED , SALISBURYS HANDBAGS LTD
, S & S TRADING LTD , ERNEST JONES LTD , SIGNET TRADING
LTD, SIGNET UK DORMANTS LTD , LESLIE DAVIS LTD , SIGNET
HOLDINGS LTD (only 1st 50 directorships shown) |
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DIRECTOR |
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Occupation |
CHARTERED ACCOUNTANT |
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Address |
6, BROOMHILL WALK , WOODFORD GREEN , |
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Country of Origin |
BRITISH |
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Date of Birth |
03/04/1961 |
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Appointment Date |
10/01/1997 |
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Other Appointments |
H SAMUEL LTD, EVERITE WATCHES LTD , JAMES WALKER
GOLDSMITH AND SILVERSMITH LIMITED, SAQUI & LAWRENCE LTD
, ERNEST JONES & CO.(LONDON)LTD , PILLING & SONS LTD
, EJ LTD , REGENT JEWELLERS (CROYDON) LTD , ERNEST JONES
(UNIVERSAL STORES) LIMITED, SAPHENA LTD , MILLAR STONE AND JONAS
LIMITED, T.& J.PERRY LTD , STEPHEN'S JEWELLERS LTD
, JADALES LTD , MONDALES LTD , MAXWELL'S (JEWELLERS) LTD
, ROGER LANDES LIMITED, C.L. EDWARDS & SONS LTD , ERNEST
JONES (SUBURBAN) LIMITED, S.& F.SHOPFITTERS LIMITED, LESLIE DAVIS
(MANUFACTURING) LTD , L DAVIS LTD , CHECKBURY LTD , HOWARD
LAWRENCE DISTRIBUTORS LTD , DIGOFEN LTD , TERRY'S (JEWELLERS) LTD
, GAMEGA LTD , ERNEST JONES (JEWELLERS) P L C , TRICKERLONG
LTD , SIGNET JEWELLERY LTD , REGENT JEWELLERS OF LONDON LTD
, ROBERT EDWARDS (JEWELLERS) LTD, Z J FINANCIAL SERVICES LTD , SIGNET
JEWELLERY GROUP LTD , RATNERS PROPERTY DEVELOPMENTS LTD
, COLLINGWOOD THE COUNTY JEWELLERS LTD , J. WEIR & SON
LIMITED, HARRIS (JEWELLERY) LIMITED , TGP 186 LIMITED, REGENT
JEWELLERS LIMITED , SALISBURYS HANDBAGS LTD , ERNEST JONES LTD
, SIGNET TRADING LTD, SIGNET UK DORMANTS LTD , LESLIE DAVIS
LTD , SIGNET HOLDINGS LTD , SIGNET GROUP SERVICES LTD , SIGNET
CARD SERVICES LTD , SIGNET GROUP FINANCE LTD , SIGNET US FINANCE
LTD (only 1st 50 directorships shown) |
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SECRETARY |
MR ANTHONY GURNEY |
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Address |
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Country of Origin |
BRITISH |
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Date of Birth |
26/05/1943 |
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Appointment Date |
01/07/1995 |
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SECRETARY |
MR ANTHONY GURNEY |
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Address |
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Country of Origin |
BRITISH |
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Appointment Date |
01/07/1995 |
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SECRETARY |
MR MARK JENKINS |
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Address |
ELBA HOUSE, GOOSEY , FARRINGDON , |
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Country of Origin |
BRITISH |
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Date of Birth |
15/11/1957 |
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Appointment Date |
30/06/2005 |
Recently Resigned
Directors (last 3)
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DIRECTOR |
KENNETH C PRATT |
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Occupation |
CHARTERED ACCOUNTANT |
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Address |
22 , |
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Date of Birth |
30/04/1961 |
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Resignation Date |
10/01/1997 |
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DIRECTOR |
GARY O'BRIEN |
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Occupation |
DIRECTOR |
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Address |
SEDGES FARM , |
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Date of Birth |
08/01/1950 |
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Resignation Date |
31/03/1995 |
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DIRECTOR |
GERALD I RATNER |
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Address |
2 , BALFOUR MEWS , |
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Date of Birth |
01/11/1949 |
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Resignation Date |
01/03/1993 |
Share Summary
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Share information is not held for this company. |
Mortgages and Charges
There
are no mortgages
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 |
Buying arm for Signet Trading Ltd |
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Sic Code |
Description |
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7484 |
Other business activities not elsewhere classified |
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Staff Employed |
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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 |
28/01/2006 |
29/01/2005 |
31/01/2004 |
01/02/2003 |
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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 |
28/01/2006 |
29/01/2005 |
31/01/2004 |
01/02/2003 |
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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 |
0 |
0 |
0 |
0 |
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TOTAL CURRENT ASSETS |
5 |
5 |
5 |
5 |
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Group Loans |
5 |
5 |
5 |
5 |
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TOTAL ASSETS |
5 |
5 |
5 |
5 |
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TOTAL CURRENT LIABILITIES |
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WORKING CAPITAL |
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TOTAL LONG TERM LIABS |
0 |
0 |
0 |
0 |
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NET ASSETS/(LIABILITIES) |
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SHARE CAPITAL + RESERVES |
5 |
5 |
5 |
5 |
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Issued Share Capital |
5 |
5 |
5 |
5 |
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Profit and Loss account |
0 |
0 |
0 |
0 |
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SHAREHOLDERS FUNDS |
5 |
5 |
5 |
5 |
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CAPITAL EMPLOYED |
5 |
5 |
5 |
5 |
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TANGIBLE NET WORTH |
5 |
5 |
5 |
5 |
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Key Credit Ratios |
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Accounts Date |
28/01/2006 |
29/01/2005 |
31/01/2004 |
01/02/2003 |
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Current Ratio |
- |
- |
- |
- |
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Quick Ratio |
- |
- |
- |
- |
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T.N.W/Total Assets |
1.00 |
1.00 |
1.00 |
1.00 |
Financial Summary
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Tangible Net Worth |
Net worth increased by ,000 during the period and now
stands at GBP 5,000 |
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%)