MIRA
INFORM REPORT
|
Report Date : |
14.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
ELEKTA LIMITED |
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Registered Office : |
Linac House, Fleming Way, Crawley, West Sussex RH10 9RR |
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Country : |
United Kingdom |
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Financials (as on) : |
30.04.2007 |
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Date of Incorporation : |
02.09.1996 |
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Com. Reg. No.: |
03244454 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Bankers: Danske Bank |
RATING &
COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
GBP 4,630,500 |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
ELEKTA LIMITED |
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Holding Company |
ELEKTA HOLDINGS LTD |
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Ultimate Holding Company |
Elekta AB (Publ) |
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Trading Address |
LINAC HO,FLEMING WAY,CRAWLEY,RH10 9RR |
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Telephone |
01293-544422 |
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There is every confidence this company will prove good for
the assigned Credit Limit |
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Credit Limit |
GBP 4,630,500 |
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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 32,217,800 |
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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 |
03244454 |
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Date of Incorporation |
02/09/1996 |
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Registered Office |
Linac House, Fleming Way, Crawley, West Sussex RH10 9RR |
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Date of Last Annual Return to
Registry |
02/09/2007 |
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Activities |
Bankers: Danske Bank |
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Accounts |
The last filed accounts cover the period to 30/04/2007 |
Recently Filed Documents
Details
of the most recent documents
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Date
Received |
Description |
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02/09/2007 |
Annual Return |
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30/04/2007 |
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 |
COMPANY DIRECTOR |
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Address |
195, PINE CREEK ROAD WALNUT CREEK , CALIFORNIA
, USA , |
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Country of Origin |
GERMAN |
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Date of Birth |
02/04/1943 |
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Appointment Date |
07/02/1997 |
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Other Appointments |
ELEKTA HOLDINGS LIMITED, ELEKTA LIMITED |
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DIRECTOR |
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Occupation |
CHIEF FINANCIAL OFFICER |
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Address |
TRYFFELSTIGEN 2 , NYKOPING , S 611 63
, SWEDEN , |
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Country of Origin |
SWEDISH |
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Date of Birth |
17/01/1956 |
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Appointment Date |
01/10/2001 |
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Other Appointments |
ELEKTA HOLDINGS LIMITED, ELEKTA LIMITED |
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DIRECTOR |
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Occupation |
CEO UK LEGAL ENTITY |
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Address |
14, ANESTADSGATHN LINKOPING , SWEDEN
, |
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Country of Origin |
SWEDISH |
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Date of Birth |
14/05/1965 |
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Appointment Date |
01/11/2005 |
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Other Appointments |
ELEKTA LIMITED |
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DIRECTOR |
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Occupation |
DIRECTOR |
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Address |
13830, CAMPO VISTA LANE LOS ALTOS HILLS
, CALIFORNIA CA 94022 , USA , |
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Country of Origin |
AMERICAN |
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Date of Birth |
16/08/1958 |
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Appointment Date |
09/11/2007 |
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Other Appointments |
ELEKTA LIMITED |
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DIRECTOR |
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Occupation |
FINANCIAL CONTROLLER |
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Address |
64, SURREY GROVE , SUTTON , SURREY
, SM1 3PN |
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Country of Origin |
BRITISH |
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Date of Birth |
22/09/1948 |
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Appointment Date |
15/08/2002 |
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Other Appointments |
ELEKTA HOLDINGS LIMITED, ELEKTA LIMITED, IMPAC
MEDICAL SYSTEMS LIMITED |
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DIRECTOR |
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Occupation |
QUALITY AND REGULATORY AFFAIRS |
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Address |
AVSTYCKNINGSVAGEN 18 , JARFALLA SE-175-50
, SWEDEN , |
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Date of Birth |
21/10/1944 |
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Appointment Date |
19/03/2003 |
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Other Appointments |
ELEKTA LIMITED |
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SECRETARY |
MS SAMANTHA COOKMAN |
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Address |
SCRUBB HOUSE FARM COTTAGE, BRICK KILN COMMON
, WISBOROUGH GREEN , WEST SUSSEX , RH14 0HX |
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Country of Origin |
BRITISH |
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Date of Birth |
03/04/1976 |
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Appointment Date |
12/11/2007 |
Recently Resigned Directors (last
3)
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DIRECTOR |
JOSEPH K JACHINOWSKI |
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Occupation |
EXECUTIVE |
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Address |
760 , DOLORES STREET , CALIFORNIA 94110
, USA , - - |
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Country of Origin |
AMERICAN |
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Date of Birth |
16/07/1955 |
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Resignation Date |
09/11/2007 |
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DIRECTOR |
ASA MARIA WIDHOLM THUNMAN |
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Occupation |
GENERAL COUNCEL |
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Address |
SIGTUNAGATAN 16 2 , TR , SE-113 22 , SWEDEN
, - - |
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Country of Origin |
SWEDISH |
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Date of Birth |
27/08/1969 |
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Resignation Date |
19/03/2003 |
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DIRECTOR |
ADRIAN BOXWELL LEARED |
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Address |
112A , MORDEN ROAD , LONDON , - - |
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Date of Birth |
14/06/1960 |
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Resignation Date |
15/08/2002 |
Share Summary
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Share Currency: |
GBP |
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Priniciple Shareholders: |
Type Of Share |
No. of Shares |
Value |
Voting %age |
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ELEKTA HOLDINGS LTD |
ORD |
22,201,001 |
22,201,001.00 |
100.00 |
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Mortgages and Charges
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Total Registered |
1 |
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Total Outstanding |
0 |
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Total Satisfied |
1 |
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Most Recent Mortgage |
10/05/2000 |
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Date Registered |
12/05/2000 |
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Type |
395 |
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Date Created |
10/05/2000 |
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Lender |
FRED HUTCHINSON CANCER RESEARCH CENTER |
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Secured On |
IN RELATION TO THE PURCHASE AGREEMENT DATED 27 JULY 1999
(AS DEFINED) AND UNDER THIS MORTGAGE ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE |
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Details |
THE EQUIPMENT AND ALL INSURANCES THEREON SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
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Satisfied? |
Fully |
Public Record Information
Summary
of CCJ's/Scottish Decrees
There are 1 exact unsatisfied CCJs totalling GBP 6900 in the
last 72 months
Details
of most recent CCJ's/Scottish Decrees
12/10/2007, a Judgment of "GBP" 6900 was made in
HAYWARDS HEATH court (Case No. 7HH01601 ) against Elekta Ltd, Linac Ho, Fleming
Way, Crawley, West Sussex, RH10 9RR
Operations
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Activities |
Bankers: Danske Bank |
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Sic Code |
Description |
|
3310 |
Manufacture of medical and surgical equipment and
orthopaedic appliances |
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Staff Employed |
500 |
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Auditors |
Deloitte & Touche LLP |
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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
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
30/04/2007 |
30/04/2006 |
30/04/2005 |
30/04/2004 |
|
Currency |
GBP |
GBP |
GBP |
GBP |
|
Units |
000 |
000 |
000 |
000 |
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Consolidated? |
No |
No |
No |
No |
|
SALES |
149,082 |
144,818 |
106,755 |
96,104 |
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Export Sales |
149,082 |
- |
106,755 |
96,104 |
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Cost of goods sold |
94,057 |
86,731 |
65,770 |
59,708 |
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GROSS PROFIT |
55,025 |
58,087 |
40,985 |
36,396 |
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General administration costs (-) |
48,133 |
42,607 |
32,552 |
- |
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Wages and Salaries |
21,123 |
19,987 |
17,974 |
16,120 |
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Depreciation |
2,182 |
2,159 |
1,763 |
1,419 |
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Net Operating Profit(Loss) |
6,892 |
15,480 |
8,433 |
6,199 |
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Non Trading Income |
209 |
97 |
86 |
36 |
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Total Non Trading Income |
209 |
97 |
86 |
36 |
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Interest expenses & similar (-) |
102 |
83 |
- |
32 |
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Other financial charges |
731 |
803 |
871 |
928 |
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Financial Expenses |
833 |
886 |
871 |
960 |
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PRE TAX PROFIT |
6,268 |
14,691 |
7,648 |
5,275 |
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Other Taxation |
-119 |
729 |
2,019 |
1,643 |
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Taxation |
2,120 |
3,767 |
21 |
1 |
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PROFIT AFTER TAX |
4,267 |
10,195 |
5,608 |
3,631 |
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Net Profit |
4,267 |
10,195 |
5,608 |
3,631 |
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Dividends Payable |
5,000 |
0 |
0 |
0 |
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RETAINED PROFITS |
-733 |
10,195 |
5,608 |
3,631 |
Balance Sheet
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
30/04/2007 |
30/04/2006 |
30/04/2005 |
30/04/2004 |
|
Currency |
GBP |
GBP |
GBP |
GBP |
|
Units |
000 |
000 |
000 |
000 |
|
Consolidated? |
No |
No |
No |
No |
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TOTAL FIXED ASSETS |
16,372 |
16,865 |
16,915 |
16,123 |
|
Land & buildings |
927 |
1,000 |
1,073 |
1,146 |
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Plant, machinery & equipment |
5,533 |
5,238 |
4,501 |
2,921 |
|
Intermediate Assets |
3,006 |
3,006 |
3,006 |
3,006 |
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Intangible Assets |
6,906 |
7,621 |
8,335 |
9,050 |
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TOTAL CURRENT ASSETS |
86,684 |
81,691 |
70,253 |
56,990 |
|
Stocks |
16,080 |
15,840 |
16,443 |
14,450 |
|
Trade Debtors |
23,931 |
13,910 |
9,480 |
6,525 |
|
Other Receivables |
310 |
768 |
1,098 |
55 |
|
Prepaid expenses |
2,657 |
3,133 |
667 |
941 |
|
Group Loans |
37,577 |
37,220 |
32,624 |
26,468 |
|
Cash |
6,129 |
10,820 |
9,337 |
7,656 |
|
TOTAL ASSETS |
103,056 |
98,556 |
87,168 |
73,113 |
|
TOTAL CURRENT LIABILITIES |
50,015 |
49,240 |
48,992 |
41,694 |
|
Trade Creditors |
17,035 |
13,648 |
10,966 |
9,069 |
|
Taxes |
1,314 |
1,768 |
30 |
52 |
|
Due From Group |
21,011 |
20,564 |
28,576 |
23,072 |
|
Hire Purchase |
10 |
13 |
15 |
128 |
|
Accruals & deferred income |
10,645 |
13,247 |
9,405 |
9,373 |
|
WORKING CAPITAL |
36,669 |
32,451 |
21,261 |
15,296 |
|
TOTAL LONG TERM LIABS |
17,139 |
12,681 |
11,736 |
10,587 |
|
Taxation |
1,730 |
1,849 |
1,120 |
- |
|
Total Hire Purchase / Leasing |
19 |
29 |
42 |
- |
|
Debts to group companies |
13,500 |
8,500 |
8,500 |
8,500 |
|
Other Long Term Liabilities |
1,890 |
2,303 |
2,074 |
2,087 |
|
NET ASSETS/(LIABILITIES) |
53,041 |
49,316 |
38,176 |
31,419 |
|
SHARE CAPITAL + RESERVES |
35,902 |
36,635 |
26,440 |
20,832 |
|
Issued Share Capital |
22,201 |
22,201 |
22,201 |
22,201 |
|
Profit and Loss account |
13,701 |
14,434 |
4,239 |
-1,369 |
|
SHAREHOLDERS FUNDS |
35,902 |
36,635 |
26,440 |
20,832 |
|
CAPITAL EMPLOYED |
53,041 |
49,316 |
38,176 |
31,419 |
|
TANGIBLE NET WORTH |
28,996 |
29,014 |
18,105 |
11,782 |
Key Credit Ratios
|
Accounts Date |
30/04/2007 |
30/04/2006 |
30/04/2005 |
30/04/2004 |
|
Current Ratio |
1.73 |
1.66 |
1.43 |
1.37 |
|
Profit Before Tax |
0.04 |
0.10 |
0.07 |
0.05 |
|
Creditors Days (D.P.O) |
66.11 |
57.44 |
60.86 |
55.44 |
|
Quick Ratio |
1.41 |
1.34 |
1.10 |
1.02 |
|
Return on Assets |
6.73 |
16.71 |
10.09 |
8.64 |
|
T.N.W/Total Assets |
0.28 |
0.29 |
0.21 |
0.16 |
|
Return on Capital |
11.82 |
29.79 |
20.03 |
16.79 |
|
Working Capital/Sales |
0.00 |
0.00 |
0.00 |
0.00 |
|
Equity Gearing |
0.02 |
0.02 |
0.02 |
0.01 |
|
Stock Turnover |
0.00 |
0.00 |
0.00 |
0.00 |
|
Solvency (%) |
231.60 |
213.42 |
335.42 |
443.74 |
Financial Summary
|
Turnover |
Turnover increased by more than 3% in the period. Turnover
totalled GBP 149,082,000 for the period. |
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Operating Profit |
Totalled GBP 6,892,000 In the period prior a profit
of GBP 15,480,000 was achieved. |
|
Pre Tax |
The subject made a profit of GBP 6,268,000 compared
with a profit of GBP 14,691,000 in the previous period. |
|
Working Capital |
The company's working capital improved in the period by
13% |
|
Tangible Net Worth |
Net worth reduced by 18,000 during the period and now
stands at GBP 28,996,000 |
|
Fixed Assets |
The subjects fixed assets increased during the period by
GBP 222,000 to GBP 6,460,000 and are now 6% of total assets
compared with 6% in the previous period |
|
Long Term Liabilities |
The company's long term liabilities increased during the
period by 35% and are now 59% of net worth compared with 44% in the previous
period |
|
Long Term Liabilities |
Long term liabilities are now 17% of total assets compared
with 13% in the previous period |
Previous Searches on this Company
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Last 3 Months |
Last 6 Months |
Last 12 Months |
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0 |
1 |
4 |
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Date |
Time |
SIC Code |
SIC Category |
Report Type |
|
09/11/2007 |
8:45AM |
2922 |
Manufacture of lifting and handling equipment |
Keep-It-Live Report |
|
31/10/2007 |
8:59AM |
6523 |
Other financial intermediation not elsewhere classified |
Keep-It-Live Comprehensive Report |
|
11/07/2007 |
12:26PM |
7412 |
Accounting, book-keeping and auditing activities; tax
consultancy |
Full Report |
|
07/06/2007 |
11:24AM |
6322 |
Other supporting water transport activities |
Keep-It-Live Comprehensive Report |
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%)