MIRA
INFORM REPORT
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Report Date : |
23.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
IMPTEX TRIMS LIMITED |
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Registered Office : |
105 Seven Sisters Road, London, N7 7QP |
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Country : |
United Kingdom |
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Financials (as on) : |
31.03.2005 |
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Date of Incorporation : |
20.03.2000 |
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Com. Reg. No.: |
03951562 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Retailers of Draoery, Curtain and Upholstery |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
IMPTEX TRIMS LIMITED |
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Trading Address |
Unit A2 The Ringway,Boundsgreen Ind Est, boundsgreen
Rd,LONDON,N11 2UD |
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Telephone |
020-8361-0623 |
Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
03951562 |
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Date of Incorporation |
20/03/2000 |
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Registered Office |
105 Seven Sisters Road, London, N7 7QP |
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Date of Last Annual Return to
Registry |
20/03/2007 |
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Activities |
Draoery, Curtain and upholstery retailers |
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Accounts |
The last filed accounts cover the period to 31/03/2005 and
were filed on 30/11/2006 |
Recently Filed Documents
Details of the most recent documents
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Date
Received |
Description |
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20/03/2007 |
Annual Return |
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31/03/2005 |
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 |
DIRECTOR |
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Address |
19, GALLANTS FARM ROAD EAST BARNET , BARNET
, HERTS , EN4 8ET |
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Country of Origin |
BRITISH |
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Date of Birth |
09/07/1966 |
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Appointment Date |
01/07/2000 |
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Other Appointments |
2 YOU LIMITED, IMPTEX LIMITED, IMPTEX TRIMS
LIMITED |
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SECRETARY |
MS MICHELLE NICOLAIDES |
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Address |
7 GRIMSDYKE CRESCENT, , ARKLEY
, HERTFORDSHIRE , EN5 4AH |
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Country of Origin |
BRITISH |
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Date of Birth |
05/10/1967 |
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Appointment Date |
02/10/2006 |
Recently Resigned Directors (last
3)
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DIRECTOR |
MARIOS NICOLAIDES |
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Address |
27 , OAKMERE LANE , POTTERS BAR , HERTS
, - - |
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Country of Origin |
BRITISH |
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Date of Birth |
11/08/1939 |
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Resignation Date |
12/10/2000 |
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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Marios Nicolaides |
ORD |
50 |
50.00 |
50.00 |
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Rickos Nicolaides |
ORD |
50 |
50.00 |
50.00 |
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Mortgages and Charges
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Total Registered |
3 |
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Total Outstanding |
2 |
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Total Satisfied |
1 |
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Most Recent Mortgage |
13/11/2006 |
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Date Registered |
20/11/2006 |
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Type |
395 |
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Date Created |
13/11/2006 |
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Lender |
BIBBY FINANCIAL SERVICES LIMITED (SECURITY TRUSTEE) |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE
CHARGE |
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Details |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
01/10/2004 |
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Type |
395 |
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Date Created |
16/09/2004 |
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Lender |
BARCLAYS BANK PLC |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY |
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Satisfied? |
No |
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Date Registered |
12/07/2001 |
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Type |
395 |
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Date Created |
05/07/2001 |
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Lender |
DAVENHAM TRADE FINANCE LIMITED |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details |
FIXED EQUITABLE CHARGE ALL ESTATE OR INTEREST IN ANY FH OR
LH PROPERTY..FIXED CHARGE ITS UNCALLED CAPITAL, GOODWILL AND BOOK DEBTS
ETC..FLOATING CHARGE ALL OTHER UNDERTAKING AND ASSETS OF THE COMPANY |
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Satisfied? |
Fully |
Public Record Information
Summary
of CCJ's/Scottish Decrees
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There are 1 exact unsatisfied CCJs totalling GBP 112 in
the last 72 months |
Details
of most recent CCJ's/Scottish Decrees
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04/07/2007, a Judgment of "GBP" 112 was made in
NORTHAMPTON court (Case No. 7XU77430 ) against Imptex Trims Ltd, Argyle Ho,
105 Seven Sisters Rd, London, LONDON POSTAL, N7 7QP |
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06/12/2006, a Judgment of "GBP" 5918 was
"Satisfied" in HARROGATE court (Case No. 6HG02768 ) against Imptex
Trims Ltd, Unit A4, The Ringway Bounds Green Indstl Est, Bounds Green Rd,
London, LONDON POSTAL, N11 2UD |
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16/08/2006, a Judgment of "GBP" 5918 was made in
HARROGATE court (Case No. 6HG02768 ) against Imptex Trims Ltd, Unit A4, The
Ringway Bounds Green Indstl Est, Bounds Green Rd, London, LONDON POSTAL, N11
2UD |
Operations
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Activities |
Draoery, Curtain and upholstery retailers |
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Sic Code |
Description |
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5241 |
Retail sale of textiles |
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Staff Employed |
5 |
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Auditors |
C. Charles & Co Ltd |
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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 |
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Profit and Loss |
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2002 |
31/03/2001 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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RETAINED PROFITS |
- |
- |
- |
- |
Balance Sheet
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2002 |
31/03/2001 |
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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 |
19 |
9 |
0 |
0 |
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Total Fixed Assets |
19 |
9 |
- |
- |
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TOTAL CURRENT ASSETS |
201 |
74 |
61 |
71 |
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Stocks |
60 |
40 |
13 |
19 |
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Trade Debtors |
140 |
33 |
45 |
50 |
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Cash |
1 |
1 |
3 |
2 |
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TOTAL ASSETS |
220 |
83 |
61 |
71 |
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TOTAL CURRENT LIABILITIES |
192 |
65 |
57 |
68 |
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Other Current Liabilities |
192 |
65 |
57 |
68 |
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WORKING CAPITAL |
9 |
9 |
5 |
3 |
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TOTAL LONG TERM LIABS |
0 |
0 |
0 |
0 |
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NET ASSETS/(LIABILITIES) |
28 |
18 |
5 |
3 |
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SHARE CAPITAL + RESERVES |
28 |
18 |
4 |
3 |
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Issued Share Capital |
0 |
0 |
0 |
0 |
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Profit and Loss account |
28 |
18 |
4 |
3 |
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SHAREHOLDERS FUNDS |
28 |
18 |
4 |
3 |
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CAPITAL EMPLOYED |
28 |
18 |
4 |
3 |
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TANGIBLE NET WORTH |
28 |
18 |
5 |
3 |
Key Credit Ratios
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Accounts Date |
31/03/2005 |
31/03/2004 |
31/03/2002 |
31/03/2001 |
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Current Ratio |
1.05 |
1.14 |
1.07 |
1.04 |
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Quick Ratio |
0.73 |
0.52 |
0.84 |
0.76 |
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T.N.W/Total Assets |
0.13 |
0.22 |
0.08 |
0.04 |
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Solvency (%) |
685.71 |
361.11 |
1140.00 |
2266.67 |
Financial Summary
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Working Capital |
The company's working capital improved in the period by 0%
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Tangible Net Worth |
Net worth increased by 10,000 during the period and now
stands at GBP 28,000 |
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Fixed Assets |
The subjects fixed assets increased during the period by
GBP 10,000 to GBP 19,000 and are now 9% of total assets compared
with 11% 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%)