MIRA
INFORM REPORT
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Report Date : |
26.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
ANGLO ACCESSORIES LIMITED |
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Registered Office : |
Monument House 1st Floor, 215 Marsh Road, Pinner, Middx
HA5 5NE |
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Country : |
United Kingdom |
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Financials (as on) : |
30.09.2007 |
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Date of Incorporation : |
03.07.1995 |
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Com. Reg. No.: |
03075278 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Importers and Exporters of Ladies and Gents Fashions |
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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Maximum Credit Limit : |
GBP 53,000 |
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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 |
ANGLO ACCESSORIES LIMITED |
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Holding Company |
Intercept Investments Ag |
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Ultimate Holding Company |
Intercept Investments AG |
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Trading Address |
Unit E, Davis Road Industrial Park, Davis
Road,CHESSINGTON,KT9 1TQ |
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There is a high degree of confidence this company will
prove good for the assigned Credit Limit |
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Credit Limit |
GBP 53,000 |
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Selling to this company? The Credit Limit is the recommended
maximum outstanding debtor exposure at any one time. |
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Contract Limit |
GBP 421,800 |
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Buying from this company? The Contract Limit is the
recommended aggregate annual value for supply contracts. |
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Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
03075278 |
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Date of Incorporation |
03/07/1995 |
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Registered Office |
Monument House 1st Floor, 215 Marsh Road, Pinner, Middx
HA5 5NE |
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Date of Last Annual Return to
Registry |
03/07/2007 |
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Activities |
Ladies and gents fashions importers and exporters
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Accounts |
The last filed accounts cover
the period to 30/09/2007 and were filed on 09/01/2008 with Companies House. |
Recently Filed Documents
Details
of the most recent documents
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Date
Received |
Description |
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03/07/2007 |
Annual Return |
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30/09/2007 |
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 |
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Address |
104, BERESFORD AVENUE , SURBITON , SURREY
, KT5 9LW |
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Date of Birth |
27/07/1954 |
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Appointment Date |
01/03/2004 |
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Other Appointments |
ANGLO ACCESSORIES (SOFTS) LIMITED, ANGLO ACCESSORIES
LIMITED, ANGLO AFRICAN MARKETING LIMITED |
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DIRECTOR |
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Occupation |
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Address |
62, BEAUMONT DRIVE , WORCESTER PARK
, SURREY , KT4 8FG |
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Date of Birth |
05/04/1951 |
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Appointment Date |
01/10/2002 |
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Other Appointments |
ANGLO ACCESSORIES (SOFTS) LIMITED, ANGLO ACCESSORIES
LIMITED, ANGLO AFRICAN MARKETING LIMITED, TOP UP TECHNOLOGIES
LIMITED |
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SECRETARY |
MR DENNIS LAX |
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Address |
104 BERESFORD AVENUE, , SURBITON , SURREY
, KT5 9LW |
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Country of Origin |
BRITISH |
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Date of Birth |
27/07/1954 |
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Appointment Date |
18/03/2004 |
Recently Resigned Directors (last
3)
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DIRECTOR |
PETER COLIN ISAACS |
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Occupation |
MARKETING CONSULTANT |
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Address |
26 , DOVES YARD , LONDON , - - |
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Date of Birth |
02/12/1951 |
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Resignation Date |
30/11/2004 |
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DIRECTOR |
JEFFREY CREVOISERAT |
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Occupation |
FINANCE |
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Address |
210 , EAST FLAMINGO ROAD , NEVADA 89109
, USA , - - |
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Country of Origin |
AMERICAN(USA) |
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Date of Birth |
29/07/1958 |
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Resignation Date |
01/09/2003 |
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DIRECTOR |
BRIAN LEONARD KATZEN |
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Occupation |
FINANCE |
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Address |
5 , OBSERVATORY GARDENS , LONDON , - - |
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Country of Origin |
SOUTH AFRICAN |
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Date of Birth |
21/08/1966 |
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Resignation Date |
01/09/2003 |
Share Summary
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Share Currency: |
GBP |
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Principal Shareholders: |
Type Of Share |
No. of Shares |
Value |
Voting %age |
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Intercept Investments AG |
ORD |
650 |
650.00 |
65.00 |
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Mr Dennis Gordon Lax |
ORD |
100 |
100.00 |
10.00 |
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Mr Peter Colin Isaacs |
ORD |
100 |
100.00 |
10.00 |
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Mr Tony David Lax |
ORD |
100 |
100.00 |
10.00 |
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Vanguard Ltd |
ORD |
50 |
50.00 |
5.00 |
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Mortgages and Charges
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Total Registered |
1 |
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Total Outstanding |
1 |
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Total Satisfied |
0 |
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Most Recent Mortgage |
04/11/1996 |
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Date Registered |
07/11/1996 |
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Type |
395 |
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Date Created |
04/11/1996 |
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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 |
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 |
Ladies and gents fashions importers and exporters
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Sic Code |
Description |
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5142 |
Wholesale of clothing and footwear |
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5142 |
Wholesale of clothing and footwear |
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Staff Employed |
12 |
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Auditors |
Sieff & 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
Profit and Loss
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
30/09/2007 |
30/09/2006 |
30/09/2005 |
30/09/2004 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Units |
units |
units |
units |
units |
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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 |
30/09/2007 |
30/09/2006 |
30/09/2005 |
30/09/2004 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Units |
units |
units |
units |
units |
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Consolidated? |
No |
No |
No |
No |
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TOTAL FIXED ASSETS |
216,463 |
84,479 |
40,591 |
41,881 |
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Total Fixed Assets |
216,463 |
84,399 |
40,591 |
41,881 |
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TOTAL CURRENT ASSETS |
1,202,478 |
1,317,869 |
529,195 |
541,278 |
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Stocks |
326,448 |
285,050 |
113,111 |
33,548 |
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Trade Debtors |
790,600 |
760,563 |
387,548 |
89,812 |
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Cash |
85,430 |
272,256 |
28,536 |
417,918 |
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TOTAL ASSETS |
1,418,941 |
1,402,348 |
569,786 |
583,159 |
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TOTAL CURRENT LIABILITIES |
836,913 |
967,089 |
479,133 |
527,272 |
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Other Current Liabilities |
836,913 |
967,089 |
479,133 |
527,272 |
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WORKING CAPITAL |
365,565 |
350,780 |
50,062 |
14,006 |
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TOTAL LONG TERM LIABS |
39,772 |
48,418 |
0 |
0 |
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Other Long Term Liabilities |
39,772 |
48,418 |
- |
- |
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NET ASSETS/(LIABILITIES) |
582,028 |
435,259 |
90,653 |
55,887 |
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SHARE CAPITAL + RESERVES |
542,256 |
386,841 |
90,653 |
55,887 |
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Issued Share Capital |
1,000 |
100 |
100 |
100 |
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Share Premium Accounts |
39,879 |
- |
- |
- |
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Profit and Loss account |
501,377 |
386,741 |
90,553 |
55,787 |
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SHAREHOLDERS FUNDS |
542,256 |
386,841 |
90,653 |
55,887 |
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CAPITAL EMPLOYED |
582,028 |
435,259 |
90,653 |
55,887 |
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TANGIBLE NET WORTH |
542,256 |
386,841 |
90,653 |
55,887 |
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Key Credit Ratios |
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Accounts Date |
30/09/2007 |
30/09/2006 |
30/09/2005 |
30/09/2004 |
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Current Ratio |
1.44 |
1.36 |
1.10 |
1.03 |
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Quick Ratio |
1.05 |
1.07 |
0.87 |
0.96 |
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T.N.W/Total Assets |
0.38 |
0.28 |
0.16 |
0.10 |
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Equity Gearing |
0.14 |
0.08 |
- |
- |
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Solvency (%) |
161.67 |
262.51 |
528.54 |
943.46 |
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Financial Summary |
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Working Capital |
The company's working capital improved in the period by 4%
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Tangible Net Worth |
Net worth increased by 155,415 during the period and now
stands at GBP 542,256,units |
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Fixed Assets |
The subjects fixed assets increased during the period by
GBP 132,064 to GBP 216,463,units and are now 15% of total assets
compared with 6% in the previous period |
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Long Term Liabilities |
The company's long term liabilities reduced during the
period by 18% and are now 7% of net worth compared with 13% in the previous
period |
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Long Term Liabilities |
Long term liabilities are now 3% of total assets compared
with 3% in the previous period |
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Previous Searches on this Company |
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Last 3 Months |
Last 6 Months |
Last 12 Months |
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2 |
2 |
3 |
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FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.23 |
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UK Pound |
1 |
Rs.83.88 |
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Euro |
1 |
Rs.66.41 |
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%)