MIRA INFORM REPORT

 

 

 

Report Date :

07.08.2008

 

IDENTIFICATION DETAILS

 

Name :

ALEXON BRANDS LIMITED

 

 

Registered Office :

40-48 Guildford St, Luton Bedfordshire LU1 2PB

 

 

Country :

United Kingdom

 

 

Financials (as on) :

27.01.2007

 

 

Date of Incorporation :

22.01.1933

 

 

Com. Reg. No.:

00271796

 

 

Legal Form :

Private Limited Liability Company (GB)

 

 

Line of Business :

Dormant company.   

Other business activities not elsewhere classified

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

Company Identification Details

 

 

 

Subject Reported on

ALEXON BRANDS LIMITED

Holding Company

ALEXON GROUP PLC

Ultimate Holding Company

ALEXON GROUP PLC

Trading Address

40-48 Guildford St,LUTON,LU1 2PB

 

 

Telephone

01582-723131

 

 

 

 

There is a high degree of confidence this company will prove good for the assigned Credit Limit

 

 

 

 

Credit Limit

Parent Company Guarantee

 

 

The Credit Limit is the recommended maximum outstanding debtor exposure at any one time. We recommend seeking a Parent Company Guarantee.

 

 

 

Official Company Data

 

 

Legal Form

Private Limited Liability Company (GB)

Registration Number

00271796

Date of Incorporation

22/01/1933

Registered Office

40-48 Guildford St, Luton Bedfordshire LU1 2PB.

Date of Last Annual Return to Registry

23/10/2007

Activities

Dormant company.   

Accounts

The last filed accounts cover the period to 27/01/2007 and were filed on 22/10/2007 with Companies House.
Please note that the transition, analysis and publication of these accounts may take up to 10 days to appear on this report.

 

 

Recently Filed Documents

Details of the most recent documents

Date Received

Description

23/10/2007

Annual Return

27/01/2007

Financial Statement / Set of Accounts

 

It should be noted that there is no legal requirement to file satisfaction details of mortgages/charges at Companies House.

Known Directors

 

 

DIRECTOR

ROBIN ANDREW KEIR PIGGOTT

  Occupation

 

  Address

LAVENDON GRANGE ,  LAVENDON , OLNEY , BUCKS , MK46 4HL

  Country of Origin

BRITISH

  Date of Birth

21/11/1957

  Appointment Date

11/01/1993

  Other Appointments

ACE SERVICE LIMITED, AG CARD SERVICES LTD, ALEXON & COMPANY LIMITED, ALEXON (FAR EAST) LIMITED, ALEXON (SALES) LIMITED, ALEXON BRANDS LIMITED, ALEXON GROUP PLC, ALEXON GROUP TRUST COMPANY LIMITED, ALEXON HOLDINGS LIMITED, ALEXON INTERNATIONAL LIMITED, BAY TRADING COMPANY LIMITED, BUSHBRIGHT LIMITED, D & M LIMITED, DASH LEISUREWEAR LIMITED , DASH LIMITED, DELLBURY GARMENTS LIMITED, DOUBLE OPTION LIMITED, E & G (REALISATIONS) LIMITED, E & G (TRADING) LIMITED, E. & G. CONTRACTS LIMITED, EASTEX (ST. ALBANS) LIMITED, EASTEX LIMITED, EGTEX LIMITED, ELANGOL DISTRIBUTORS LIMITED, ELGORA FASHIONS LTD, ELLIS & GOLDSTEIN (FASHIONS) LIMITED, ELLIS & GOLDSTEIN (HOLDINGS) LIMITED, ELLIS & GOLDSTEIN (LUTON) LIMITED, ELLIS & GOLDSTEIN (PROPERTIES) LIMITED, ELLIS & GOLDSTEIN LIMITED, ELLIS & GOLDSTEIN PENSION TRUSTEES LIMITED, EPCOSCAN LIMITED, H.B.NORTON LIMITED , HORROCKSES FASHIONS LIMITED, JENNI BARNES LIMITED, JON CHEPSTOW LIMITED, LAURA LEE FROCKS LIMITED, SATINFORCE LIMITED , STEINBERG & SONS (PREDECESSORS) LIMITED, STEINBERG & SONS LIMITED, STEINBERG GROUP LIMITED, STEINBERG INTERNATIONAL LIMITED, STEINBERG PROPERTIES LIMITED

DIRECTOR

ADRIAN HUMPHREY AUSTEN OSBORN

  Occupation

COMPANY DIRECTOR

  Address

THE CASTLE ,  MUNSLEY , LEDBURY , HEREFORDSHIRE , HR8 2SF

  Country of Origin

BRITISH

  Date of Birth

30/06/1944

  Appointment Date

27/04/1993

  Other Appointments

ACE SERVICE LIMITED, AG CARD SERVICES LTD, ALEXON & COMPANY LIMITED, ALEXON (FAR EAST) LIMITED, ALEXON (SALES) LIMITED, ALEXON BRANDS LIMITED, ALEXON GROUP PLC, ALEXON GROUP TRUST COMPANY LIMITED, ALEXON HOLDINGS LIMITED, ALEXON INTERNATIONAL LIMITED, ARDINGTON JEWELLERY LIMITED, BUSHBRIGHT LIMITED, D & M LIMITED, DASH LEISUREWEAR LIMITED , DASH LIMITED, DELLBURY GARMENTS LIMITED, DOLCIS LIMITED, DOUBLE OPTION LIMITED, E & G (REALISATIONS) LIMITED, E & G (TRADING) LIMITED, E. & G. CONTRACTS LIMITED, EASTEX (ST. ALBANS) LIMITED, EASTEX LIMITED, EGTEX LIMITED, ELANGOL DISTRIBUTORS LIMITED, ELGORA FASHIONS LTD, ELLIS & GOLDSTEIN (FASHIONS) LIMITED, ELLIS & GOLDSTEIN (HOLDINGS) LIMITED, ELLIS & GOLDSTEIN (LUTON) LIMITED, ELLIS & GOLDSTEIN (PROPERTIES) LIMITED, ELLIS & GOLDSTEIN LIMITED, ELLIS & GOLDSTEIN PENSION TRUSTEES LIMITED, EPCOSCAN LIMITED, H.B.NORTON LIMITED , HORROCKSES FASHIONS LIMITED, JENNI BARNES LIMITED, JON CHEPSTOW LIMITED, LAURA LEE FROCKS LIMITED, SATINFORCE LIMITED , STEINBERG & SONS (PREDECESSORS) LIMITED, STEINBERG & SONS LIMITED, STEINBERG GROUP LIMITED, STEINBERG INTERNATIONAL LIMITED, STEINBERG PROPERTIES LIMITED

DIRECTOR

JANE  MCNALLY

  Occupation

DIRECTOR

  Address

KINGSCOTE 26,  PLYMOUTH ROAD , PENARTH , SOUTH GLAMORGAN , CF64 3DH

  Country of Origin

BRITISH

  Date of Birth

05/02/1962

  Appointment Date

16/06/2008

  Other Appointments

AG CARD SERVICES LTD, ALEXON (FAR EAST) LIMITED, ALEXON BRANDS LIMITED, ALEXON GROUP PLC, ALEXON GROUP TRUST COMPANY LIMITED, ALEXON HOLDINGS LIMITED, ALEXON INTERNATIONAL LIMITED, BAY TRADING COMPANY LIMITED, D & M LIMITED, DASH LIMITED, DELLBURY GARMENTS LIMITED, EASTEX LIMITED, ELLIS & GOLDSTEIN (HOLDINGS) LIMITED, ELLIS & GOLDSTEIN PENSION TRUSTEES LIMITED, EPCOSCAN LIMITED, HORROCKSES FASHIONS LIMITED

SECRETARY

MR  ROBIN PIGGOTT

  Address

LAVENDON GRANGE,  LAVENDON , OLNEY , BUCKINGHAMSHIRE , MK46 4HL

  Country of Origin

BRITISH

  Date of Birth

21/11/1957

  Appointment Date

14/09/1995

 

 

Recently Resigned Directors (last 3)

 

 

DIRECTOR

MR MICHAEL  SPENCER

  Address

HILL FARM BARNS , HIGHFIELD LANE , GODALMING , SURREY , - -

  Date of Birth

08/11/1960

  Resignation Date

23/10/1997

DIRECTOR

MR MICHAEL J JONES

  Address

9 , NORMAN AVENUE , TWICKENHAM , - -

  Date of Birth

14/08/1951

  Resignation Date

14/09/1995

DIRECTOR

MR BRIAN M WHITTAKER

  Address

1 , ST ANNE CLOSE , LIVERPOOL , - -

  Date of Birth

19/08/1938

  Resignation Date

22/12/1993

 

Share Summary

 

Share Currency:

GBP

 

Principal Shareholders:

Type Of Share

No. of Shares

Value

Voting %age

 

 

 

 

 

ALEXON GROUP PLC

ORD

4 

4.00

67.00

 

 

 

 

 

Dellbury Garments Ltd

ORD

2 

2.00

33.00

 

 

 

 

 

 

 

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

 

 

Activities

Dormant company.   

Sic Code

Description

7484

Other business activities not elsewhere classified

Staff Employed

17

 

 

Financial Data

 

Profit and Loss

 

Number of Weeks

52

52

52

52

Accounts Date

27/01/2007

28/01/2006

29/01/2005

31/01/2004

Currency

GBP

GBP

GBP

GBP

Units

units

units

units

units

Consolidated?

No

No

No

No

RETAINED PROFITS

-

-

-

-

 

 

Balance Sheet

 

 

Number of Weeks

52

52

52

52

Accounts Date

27/01/2007

28/01/2006

29/01/2005

31/01/2004

Currency

GBP

GBP

GBP

GBP

Units

units

units

units

units

Consolidated?

No

No

No

No

TOTAL FIXED ASSETS

0

0

0

0

TOTAL CURRENT ASSETS

0

0

0

0

TOTAL ASSETS

0

0

0

0

TOTAL CURRENT LIABILITIES

0

0

198,323

198,323

WORKING CAPITAL

0

0

0

0

TOTAL LONG TERM LIABS

198,323

198,323

0

0

 Debts to group companies

198,323

198,323

-

-

NET ASSETS/(LIABILITIES)

0

0

-198,323

-198,323

SHARE CAPITAL + RESERVES

-198,323

-198,323

-198,323

-198,323

 Issued Share Capital

6

6

6

6

 Profit and Loss account

-198,329

-198,329

-198,329

-198,329

SHAREHOLDERS FUNDS

-198,323

-198,323

-198,323

-198,323

CAPITAL EMPLOYED

0

0

-198,323

-198,323

TANGIBLE NET WORTH

-198,323

-198,323

-198,323

-198,323

 

Key Credit Ratios

 

Accounts Date

27/01/2007

28/01/2006

29/01/2005

31/01/2004

Current Ratio

-

-

-

-

Quick Ratio

-

-

-

-

T.N.W/Total Assets

NaN

NaN

NaN

NaN

Equity Gearing

-0.01

-0.01

-

-

Solvency (%)

-

-

-100.00

-100.00

 

 

Financial Summary

 

Tangible Net Worth

Net worth increased by during the period and now stands at GBP  -198,323,units

Long Term Liabilities

The company's long term liabilities increased during the period by 0% and are now -100% of net worth compared with -100% in the previous period

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.42.00

UK Pound

1

Rs.82.14

Euro

1

Rs.65.09

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions