MIRA
INFORM REPORT
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Report Date : |
21.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
CJW JEWELLERY LTD |
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Registered Office : |
3rd Floor, 314 Regents Park Road, London, N3 2LT |
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Country : |
United Kingdom |
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Financials (as on) : |
28.02.2007 |
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Date of Incorporation : |
01.05.2001 |
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Com. Reg. No.: |
04209226 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Wholesaler of Jewellery |
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 |
CJW JEWELLERY LTD |
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Telephone |
020-8989-1133 |
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Registered Office |
3rd Floor, 314 Regents Park Road, London, N3 2LT |
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This company has an average risk status and should be
treated with a degree of caution |
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Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
04209226 |
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Date of Incorporation |
01/05/2001 |
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Registered Office |
3rd Floor, 314 Regents Park Road, London, N3 2LT |
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Date of Last Annual Return to
Registry |
01/05/2008 |
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Activities |
Wholesaler of jewellery |
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Accounts |
The last filed accounts cover the period to 28/02/2007 and
were filed on 10/01/2008 |
Recently Filed Documents
Details
of the most recent documents
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Date
Received |
Description |
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01/05/2008 |
Annual Return |
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28/02/2007 |
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 |
TUDOR COTTAGE 16, TUDOR CLOSE , WOODFORD GREEN
, ESSEX , IG8 0LF |
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Date of Birth |
04/07/1952 |
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Appointment Date |
07/01/2005 |
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Other Appointments |
4 TALBOT ROAD LTD., B
& G MESSIAS LIMITED, C.J.W. MANUFACTURING LIMITED, CJW
JEWELLERY LTD, EUROSTAR DIAMONDS LIMITED, GOLDSTAR JEWELLERY UK
LIMITED |
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SECRETARY |
MRS MELANIE SHLOSBERG |
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Address |
NO 1 DERECH HAYAM, FLAT 34 , HERZELIA |
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Country of Origin |
BRITISH |
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Date of Birth |
10/08/1956 |
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Appointment Date |
07/01/2005 |
Recently Resigned Directors (last
3)
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DIRECTOR |
RONEN SEGAL |
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Occupation |
IT ENGINEER |
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Address |
TUDOR COTTAGE 16 , TUDOR CLOSE , WOODFORD GREEN
, ESSEX , - - |
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Country of Origin |
ISRAELI |
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Date of Birth |
11/02/1975 |
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Resignation Date |
07/01/2005 |
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DIRECTOR |
ERRAN DAHUD |
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Occupation |
DIRECTOR |
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Address |
43 , SHERINGHAM , LONDON , - - |
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Country of Origin |
BRITISH |
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Date of Birth |
21/04/1966 |
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Resignation Date |
04/04/2003 |
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DIRECTOR |
RONEN SEQAL |
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Occupation |
IT ENGINEER |
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Address |
16 , TUDOR CLOSE , WOODFORD GREEN , ESSEX
, - - |
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Country of Origin |
ISRAELI |
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Date of Birth |
11/02/1975 |
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Resignation Date |
22/02/2003 |
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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Alon Shlosberg |
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2 |
2.00 |
12.00 |
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Mr David Shlosberg |
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5 |
5.00 |
29.00 |
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Mr Jordan Shlosberg |
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5 |
5.00 |
29.00 |
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Mrs Melanie Shlosberg |
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5 |
5.00 |
29.00 |
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Mortgages and Charges
There
are no mortgages
Public Record Information
Summary
of CCJ's/Scottish Decrees
There are no unsatisfied CCJs against the company.
Operations
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Activities |
Wholesaler of jewellery |
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Sic Code |
Description |
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5248 |
Other retail sale in specialised stores |
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3622 |
Manufacture of jewellery and related articles not
elsewhere classified |
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Staff Employed |
3 |
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Auditors |
Wolfson Associates |
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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 |
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Accounts Date |
28/02/2007 |
28/02/2006 |
28/02/2005 |
31/12/2003 |
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Currency |
GBP |
GBP |
GBP |
GBP |
|
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 |
28/02/2007 |
28/02/2006 |
28/02/2005 |
31/12/2003 |
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Currency |
GBP |
GBP |
GBP |
GBP |
|
Units |
units |
units |
units |
units |
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Consolidated? |
No |
No |
No |
No |
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TOTAL FIXED ASSETS |
214,368 |
10,341 |
7,185 |
0 |
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Total Fixed Assets |
11,287 |
10,341 |
7,185 |
- |
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Intangible Assets |
203,081 |
- |
- |
- |
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TOTAL CURRENT ASSETS |
1,808,837 |
1,679,871 |
1,430,461 |
2 |
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Stocks |
290,836 |
244,493 |
222,911 |
- |
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Trade Debtors |
1,046,197 |
673,647 |
802,547 |
- |
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Cash |
471,804 |
761,731 |
405,003 |
2 |
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TOTAL ASSETS |
2,023,205 |
1,690,212 |
1,437,646 |
2 |
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TOTAL CURRENT LIABILITIES |
1,468,103 |
1,262,670 |
1,084,657 |
0 |
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Other Current Liabilities |
1,468,103 |
1,262,670 |
1,084,657 |
- |
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WORKING CAPITAL |
340,734 |
417,201 |
345,804 |
0 |
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TOTAL LONG TERM LIABS |
708 |
0 |
0 |
0 |
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Other Long Term Liabilities |
708 |
- |
- |
- |
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NET ASSETS/(LIABILITIES) |
555,102 |
427,542 |
352,989 |
0 |
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SHARE CAPITAL + RESERVES |
554,394 |
427,542 |
352,989 |
2 |
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Issued Share Capital |
2 |
2 |
2 |
2 |
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Profit and Loss account |
554,392 |
427,540 |
352,987 |
0 |
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SHAREHOLDERS FUNDS |
554,394 |
427,542 |
352,989 |
2 |
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CAPITAL EMPLOYED |
555,102 |
427,542 |
352,989 |
2 |
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TANGIBLE NET WORTH |
351,313 |
427,542 |
352,989 |
2 |
Key Credit Ratios
|
Accounts Date |
28/02/2007 |
28/02/2006 |
28/02/2005 |
31/12/2003 |
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Current Ratio |
1.23 |
1.33 |
1.32 |
- |
|
Quick Ratio |
1.03 |
1.14 |
1.11 |
- |
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T.N.W/Total Assets |
0.17 |
0.25 |
0.25 |
1.00 |
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Equity Gearing |
4.96 |
- |
- |
- |
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Solvency (%) |
418.09 |
295.33 |
307.28 |
- |
Financial Summary
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Working Capital |
The company's working capital decreased in the period by
18% |
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Tangible
Net Worth |
Net worth reduced by 76,229 during the period and now
stands at GBP 351,313,units |
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Fixed
Assets |
The subjects fixed assets increased during the period by
GBP 946 to GBP 11,287,units and are now 1% of total assets
compared with 1% in the previous period |
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Long
Term Liabilities |
Long term liabilities are now 0% of total assets compared
with 0% 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 |
0 |
1 |
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%)