MIRA
INFORM REPORT
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Report Date : |
14.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
IMPERIALDIAM LIMITED |
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Registered Office : |
114-116 Curtain Road, London, EC2A 3AH |
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Country : |
United Kingdom |
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Financials (as on) : |
31.05.2006 |
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Date of Incorporation : |
04.05.2000 |
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Com. Reg. No.: |
03985742 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Retailers of Food |
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 : |
No Complaints |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
IMPERIALDIAM LIMITED |
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Trading Address |
28 GREVILLE ST 4TH FL,LONDON,EC1N 8SU |
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Telephone |
02078-318290 |
Official Company Data
|
Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
03985742 |
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Date of Incorporation |
04/05/2000 |
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Registered Office |
114-116 Curtain Road, London, EC2A 3AH |
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Date of Last Annual Return to
Registry |
04/05/2007 |
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Activities |
Retailers of food |
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Accounts |
The last filed accounts cover the period to 31/05/2006 and
were filed on 24/10/2007 |
Recently Filed Documents
Details of the most recent documents
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Date
Received |
Description |
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04/05/2007 |
Annual Return |
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31/05/2006 |
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 |
DIAMOND TRADER |
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Address |
22, COMPTON AVENUE , LUTON , LU4 9AZ |
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Country of Origin |
BRITISH |
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Date of Birth |
28/02/1964 |
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Appointment Date |
17/05/2000 |
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Other Appointments |
IMPERIALDIAM LIMITED, K K (UK) LIMITED, REMBERSHAH
LIMITED |
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DIRECTOR |
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Occupation |
JEWELLER |
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Address |
22, COMPTON AVENUE , LUTON , LU4 9AZ |
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Date of Birth |
16/06/1965 |
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Appointment Date |
14/05/2004 |
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Other Appointments |
IMPERIALDIAM LIMITED |
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SECRETARY |
NEETA SHAH |
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Address |
30 COMPTON AVENUE, , LUTON , LU4 9AZ |
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Country of Origin |
BRITISH |
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Date of Birth |
15/03/1963 |
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Appointment Date |
17/05/2000 |
Recently Resigned Directors (last
3)
None
Share Summary
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Share Currency: |
GBP |
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Priniciple Shareholders: |
Type Of Share |
No. of Shares |
Value |
%age |
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Mr Mayank Arvindkumar Shah |
ORD |
1 |
1.00 |
50.00 |
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Mrs Neeta Shah |
ORD |
1 |
1.00 |
50.00 |
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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 |
Retailers of food |
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Sic Code |
Description |
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5227 |
Other retail sale of food, beverages and tobacco in
specialised stores |
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Staff Employed |
3 |
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Auditors |
P.J. Marks & Co |
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Auditors Notes |
No Qualification. The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the latest accounts. |
Financial Data
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The following figures are shown in units of 000 |
Profit and Loss
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
31/05/2006 |
31/05/2005 |
31/05/2004 |
31/05/2003 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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RETAINED PROFITS |
- |
16 |
32 |
25 |
Balance Sheet
|
Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
31/05/2006 |
31/05/2005 |
31/05/2004 |
31/05/2003 |
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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 |
3 |
3 |
2 |
1 |
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Total Fixed Assets |
3 |
- |
- |
- |
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TOTAL CURRENT ASSETS |
1,406 |
721 |
891 |
299 |
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Stocks |
826 |
373 |
575 |
65 |
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Trade Debtors |
580 |
348 |
316 |
219 |
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Cash |
0 |
- |
- |
15 |
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TOTAL ASSETS |
1,409 |
724 |
893 |
300 |
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TOTAL CURRENT LIABILITIES |
1,348 |
651 |
836 |
275 |
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Other Current Liabilities |
1,348 |
115 |
- |
- |
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WORKING CAPITAL |
58 |
70 |
55 |
24 |
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TOTAL LONG TERM LIABS |
0 |
0 |
0 |
0 |
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NET ASSETS/(LIABILITIES) |
61 |
73 |
57 |
25 |
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SHARE CAPITAL + RESERVES |
61 |
73 |
57 |
25 |
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Issued Share Capital |
0 |
0 |
0 |
0 |
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Profit and Loss account |
61 |
73 |
57 |
25 |
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SHAREHOLDERS FUNDS |
61 |
73 |
57 |
25 |
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CAPITAL EMPLOYED |
61 |
73 |
57 |
25 |
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TANGIBLE NET WORTH |
61 |
73 |
57 |
25 |
Key Credit Ratios
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Accounts Date |
31/05/2006 |
31/05/2005 |
31/05/2004 |
31/05/2003 |
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Current Ratio |
1.04 |
1.11 |
1.07 |
1.09 |
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Profit Before Tax |
- |
0.02 |
0.04 |
0.09 |
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Creditors Days (D.P.O) |
- |
169.42 |
334.90 |
305.43 |
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Quick Ratio |
0.43 |
0.53 |
0.38 |
0.85 |
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Return on Assets |
- |
2.76 |
4.37 |
10.00 |
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T.N.W/Total Assets |
0.04 |
0.10 |
0.06 |
0.08 |
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Return on Capital |
- |
27.40 |
68.42 |
120.00 |
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Working Capital/Sales |
- |
0.00 |
0.00 |
0.00 |
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Stock Turnover |
- |
0.00 |
0.00 |
0.00 |
|
Solvency (%) |
2209.84 |
891.78 |
1466.67 |
1100.00 |
Financial Summary
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Working Capital |
The company's working capital decreased in the period by
17% |
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Tangible Net Worth |
Net worth reduced by 12,000 during the period and now
stands at GBP 61,000 |
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Fixed Assets |
The subjects fixed assets increased during the period by
GBP to GBP 3,000 and are now 0% of total assets compared with 0%
in the previous period |
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. |
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%)