MIRA INFORM REPORT

Report Date :

11.12.2008

IDENTIFICATION DETAILS

Name :	AMTEK ALUMINIUM CASTINGS (WITHAM) LIMITED

Formerly Known as :	Amtek Investment Uk 2 Limited

Registered Office :	Systems Ltd, Chelmarsh Daimler Green, Coventry, West Midlands CV6 3LT

Country :	United Kingdom

Date of Incorporation :	02.06.2005

Legal Form :	Private Limited with Share Capital

Line of Business :	Aluminium Production

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate

Payment Behaviour :	Unknown

Litigation :	Clear

Name of the company

AMTEK ALUMINIUM CASTINGS (WITHAM) LIMITED

Number 05470041

company summary

Phone		Type	Private limited with Share Capital
Address	C/O KING AUTOMOTIVE SYSTEMS LTD, CHELMARSH DAIMLER GREEN, COVENTRY, WEST MIDLANDS CV6 3LT	Company Status	Non trading
Postcode	CV6 3LT	Incorporated Date	02/06/2005

	Active CCJ's	0
	Value of CCJ's [£]	£0
	Number Of Writs	0

	*Current Directors	3
	Total Directorships	39

	Trading to Date	31/12/07
	Turnover	-
	Shareholder Funds	-
	Employees	-

	Trends
	Profitability
	Liquidity
	Shareholders Funds		-

Previous Names Details

Previous Name(s)
Changed :	05/06/2007	Amtek Investment Uk 2 Limited
Changed :	01/07/2005	Hallco 1181 Limited

Secondary Industry Code Details

	SIC Code	Description
	2742	Aluminium Production

Mortgage Details

Mortgage Type:	fixed charge over chattels
Date Charge Created:	24/01/2008	Date Charge Registered:	06/02/2008
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	BANK OF IRELAND BUSINESS FINANCE LIMITED
Amount Secured:	all monies due or to become due from the company to the chargee on any account whatsoever.under the terms of the aforementioned instrument creating or evidencing the charge
Details:	the property being the fixed assets idra model ol-1600 1600 cnc aluminium horizontal die casting machine for details of further assets charged please refer to form 395

Mortgage Type:	chattel mortgage
Date Charge Created:	26/07/2007	Date Charge Registered:	02/08/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	GE COMMERCIAL FINANCE LIMITED
Amount Secured:	all monies due or to become due from each of the obligors to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:	thyssen huller hille diedesheim nbh 110 machining centre serial no 15775,thyssen huller hille diedesheim nbh 110 machining centre serial no 15723,tqc limited type jlf2 leak testing machine serial no 001 (for details of further chattels charged please refer to form 395) fixed charge all its plant and machinery,

Mortgage Type:	chattel mortgage
Date Charge Created:	10/07/2007	Date Charge Registered:	11/07/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	GE COMMERCIAL FINANCE LIMITED (SECURITY HOLDER)
Amount Secured:	all monies due or to become due from each of the obligors to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:	fixed and floating charges over the undertaking and property rights and assets present and future including plant and machinery listed in schedule 1 of the mortgage deed

Mortgage Type:	composite all assets guarantee and debenture
Date Charge Created:	31/05/2007	Date Charge Registered:	16/06/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	GE COMMERCIAL FINANCE LIMITED (SECURITY HOLDER)
Amount Secured:	all monies due or to become due from the company and the obligors to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:	01 fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixturesfixed plant and machinery.

Shareholders Details

	Name	Shares
	Amtek Investments Limited	1 Ordinary Gbp 1.00

	Address	Telephone Number	TCPS
	c/o King Automotive Systems Ltd Chelmarsh Daimler Green Coventry CV6 3LT

	Auditors	BAKER TILLY UK AUDIT LLP
	AuditQualification	No Adverse Comments
	Bankers	BARCLAYS BANK PLC
	BankBranchCode	20-07-71

group structure

	Ultimate Parent Company	AMTEK AUTO LTD
	Companies in Group	11

Company Name	Registered Number	Latest Annual Accounts
AMTEK AUTO LTD	INDIA	N/A
AMTEK INVESTMENTS (UK) LIMITED	04739524	31/12/2006
SECKLOE 165 LIMITED	04801477	31/03/2007
TRIPLEX COMPONENTS (MACHINING) LIMITED	02609687	31/03/2007
HALLCO 884 LIMITED	04715364	31/12/2007
KETLON LIMITED	04375868	31/12/2007
AMTEK ALUMINIUM CASTINGS (WITHAM) LIMITED<<<	05470041	31/12/2007
AMTEK ALUMINIUM CASTINGS (UK) LIMITED	04740918	31/05/2005
GWK AMTEK LIMITED	03326288	31/12/2007
KING AUTOMOTIVE SYSTEMS LIMITED	00966412	31/12/2007
GEO. W. KING LIMITED	01137900	31/12/2007

Status History

Date	Description
No Status History

Event History

Date	Description
26/11/2008	Mr D.j. Benton Has Left The Board
13/08/2008	New Accounts Filed
28/07/2008	Annual Returns
07/06/2007	Change Of Name
01/05/2007	New Company Secretary (philippa Lucybishop) Appointed
01/05/2007	New Board Member (derek Johnbenton) Appointed
01/05/2007	New Board Member (john Ernestflintham) Appointed
01/05/2007	New Board Member (philip Anthonysmith) Appointed
18/04/2007	Change In Reg.office
18/04/2007	Change Of Company Postcode
05/07/2005	Change Of Name
07/06/2005	New Board Member (hl Secretaries Limited) Appointed
07/06/2005	New Board Member (hl Directors Limited) Appointed
06/06/2005	Change Of Name
06/06/2005	Change In Reg.office

directors

Name	Philip Anthony Smith
Address	7 Graeme Road
	Sutton
	Peterborough
	Cambridgeshire
	PE5 7XE
Officers Title	Mr	Date Of Birth	24/05/1956
Honours		Present Appointments	8
Appointment Date	03/04/2007	Function	Director

Name	Philippa Lucy Bishop
Address	Old Rose Cottage
	New Road Caunsall
	Kidderminster
	Worcestershire
	DY11 5YN
Officers Title	Ms	Date Of Birth	01/01/1969
Honours		Present Appointments	7
Appointment Date	03/04/2007	Function	Company Secretary

Name	John Ernest Flintham
Address	The Grayes
	Main Street Cropthorne
	Pershore
	Worcs
	WR10 3LU
Officers Title	Mr	Date Of Birth	16/09/1952
Honours		Present Appointments	24
Appointment Date	03/04/2007	Function	Director

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.71
UK Pound	1	Rs.72.85
Euro	1	Rs.64.70

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

Web Address		Incorporation Date	02/06/2005
Type of Accounts	Full Accounts	Filing Date of Accounts	04/08/2008
Company Type	Private Limited With Share Capital	Date of Latest Accounts	31/12/2007
Annual Return	02/06/2008
Previous Name(s)
Changed:	05/06/2007	Amtek Investment Uk 2 Limited

	Registered Address		Trading Address
	Telephone Number		Telephone Number
	TPS		TPS
	Address		Address
	C/O KING AUTOMOTIVE SYSTEMS LTD CHELMARSH DAIMLER GREEN COVENTRY WEST MIDLANDS CV6 3LT		c/o King Automotive Systems Ltd Chelmarsh Daimler Green Coventry CV6 3LT

	Industry:
	The company did not trade during the y/e 31.12.07.

	Mortgage Charges
	Outstanding	4	Satisfied	0