MIRA
INFORM REPORT
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Report Date : |
18.05.2007 |
IDENTIFICATION DETAILS
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Name : |
OXFORD PLASTICS CONSULTANCY LIMITED |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
06/12/1995 |
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Com. Reg. No.: |
03134597 |
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Legal Form : |
Private Limited |
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Line of Business : |
Business and management consultancy. |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Identification Details
Subject Reported
on OXFORD PLASTICS
CONSULTANCY LIMITED
Address
8TP.
Telephone 01444 258807
Creditline Recommendations
Monthly Credit
Guide GBP 0
Risk Category HIGH
RISK
Official Company Data
Legal Form Private Limited
Registration
Number 03134597
Date of
Incorporation 06/12/1995
Registered Office
8TP.
History 2/05/1997 : The
Registered Office address changed from 126
ABINGDON,
OXFORDSHIRE, OX14.
15/12/1995 : The Registered
Office address changed from
ALTRINCHAM,
Date of Last
Annual
Return to Registry
06/12/2006
Accounts The last filed
accounts at Companies House are those to 31/12/2005
Accounting
Reference
Date 31/12
Operations
Activities General Business
Classification: Business and management consultancy
Nace Code 7414
Premises Offices
Staff Employed 4
Auditors Critchleys
Branches
8TP.
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 1
Number Outstanding
1
Number Partially
Satisfied 0
Number Satisfied 0
Date of Latest
Mortgage Created 11/10/2002
Details of most
recent Mortgages,
Charges and
Satisfactions
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Date Fully |
Date |
Date |
Charge |
Form Type |
Lender |
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16/10/2002 |
11/10/2002 |
Debenture |
395 |
Hsbc Bank Plc |
It should be noted that there is no legal requirement to file satisfaction details of mortgages/charges at Companies House.
Other Filings and
Notices
Date Source Description
31/01/1996 Companies House Gazette Change among the directors of a company
13/01/1996 Companies House Gazette Change among the directors of a company
15/12/1995 Companies House Gazette Change among the directors of a company
Company Secretary
Secretary WANDA ANN KELLY
Address
Country of Origin UNITED KINGDOM
Date of Birth 10/08/1944
Appointment Date 06/12/1995
Directors
Director WANDA ANN KELLY
Address
Country of Origin UNITED KINGDOM
Date of Birth 10/08/1944
Appointment Date 06/12/1995
Director KEITH
ANDREW KELLY
Address
Country of Origin UNITED KINGDOM
Date of Birth 23/05/1944
Appointment Date 06/12/1995
Other Directorships TRANSCON LIMITED, BK PLASTICS SOLUTIONS LIMITED
Share Capital
Shares Ordinary GBP 1.00
Issued Number 2
Principal
Shareholder 1 Wanda Kelly
1 Keith Kelly
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 & Loss Accounts are not available for companies categorised as small companies under the companies act.
Balance Sheet
The following
figures are shown in units of 1000
Number of Weeks 52 52 52 52
Accounts Date 31/12/2005 31/12/2004 31/12/2003 31/12/2002
Currency GBP GBP GBP GBP
TOTAL FIXED ASSETS 2 2
Tangible Assets 2 2
TOTAL CURRENT
ASSETS 3 22 18 22
Trade debtors 3 22 18 22
TOTAL ASSETS 3 22 20 24
TOTAL CURRENT
LIABILITIES 44 46 50 24
Trade creditors 44 46 50 24
WORKING CAPITAL (41) (24) (32) (2)
NET
ASSETS/(LIABILITIES) (41) (24) (30)
SHARE CAPITAL +
RESERVES (41) (24) (30)
Profit and Loss
account (41) (24) (30)
SHAREHOLDERS FUNDS (41) (24) (30)
CAPITAL EMPLOYED (41) (24) (30)
Financial
Comparison
The following
figures are shown in units of 1000
Number of Weeks 52 52 52 52
Accounts Date 31/12/2005 31/12/2004 31/12/2003 31/12/2002
Currency GBP GBP GBP GBP
Liquid Assets 3 22 18 22
Net Working
Capital (41) (24) (32) (2)
Tangible Net
Worth(T.N.W) (41) (24) (30)
Equity (41) (24) (30)
Number of Years
Trading 10 9 8 7
Key Credit Ratios
The following
figures are shown as Ratios or Percentages
Accounts Date 31/12/2005 31/12/2004 31/12/2003 31/12/2002
Current Ratio 0.1 0.5 0.4 0.9
Quick Ratio 0.1 0.5 0.4 0.9
T.N.W/Total
Assets% (1366.7) (109.1) (150)
Equity Gearing% (93.2) (52.2) (60)
Key Industry Sector
Trends
Year 2007 2006 2005 2004
Sample Size 290 58089 94247 87404
Pre-Tax Profit
Margin 49 39.5 35.4 33.9
Current Ratio 2.5 2.1 2 1.8
Borrowing Ratio 10.3 55.7 59.3 65.2
Return on Capital 178.1 165.5 148.5 159.3
Creditors Days 39 148 193 151
Above figures
relate to companies in 1992 Standard Industry Classification (Nace) sector :
Legal, accounting, book-keeping and auditing activities; tax consultancy;
market research, polls
Financial Summary
Auditors
Qualification
The company has taken advantage of exemptions under the Companies Act such that the accounts have not been audited or examined.
No Turnover
The company's balance sheet total is less than GBP 2,800,001 and therefore this is a small company as defined by the Companies Act.It is not required to disclose turnover but it is likely to be less than GBP 5,600,000.
No Pre-Tax Profit
The Company is exempt from the requirement to file a Profit Loss Account. We note that the difference on the Shareholders Funds shown on the Balance Sheet is GBP 17,000 decrease. This suggests that the Company may have made a post-tax loss of GBP 17,000.
Working Capital
The company's working capital deficiency increased in the period and now totals GBP 41,000.
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%)