%20LIMITED%2001-Oct-2008_files/image002.jpg){kind=small}
MIRA
INFORM REPORT
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Report Date : |
01.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
DUNN BROTHERS
(1995) LIMITED |
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Formerly Known as : |
SPEEDYFUEL LIMITED |
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Registered Office : |
No 4 Castle Court 2, Castlegate Way, Dudley, DY1 4RH |
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Country : |
United Kingdom |
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Financials (as on) : |
30.09.2007 |
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Date of Incorporation : |
23.05.1995 |
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Legal Form : |
Private Limited with Share Capital |
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Line of Business : |
Scrap Metal Dealing and Refining. |
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 : |
[£] 1,000,000 |
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Status : |
Very Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Name of the company
DUNN BROTHERS
(1995) LIMITED
Number 03059919
company summary
Address NO
4 CASTLE COURT 2,
CASTLEGATE WAY,
DUDLEY,
DY1 4RH
Postcode DY1
4RH
Phone
Type Private
limited with Share Capital
Company Status Active - Accounts
Filed
Incorporated Date 23/05/1995
Todays Limit [£] 1,000,000
Active CCJ's 0
Value of CCJ's [£] £0
Number Of Writs 0
Current Directors 4
Total
Directorships 9
Trading to Date 30/09/07 30/09/06 30/09/05
Turnover £115,165,841 £86,558,651 £65,407,000
Shareholder Funds £9,445,836 £8,189,658 £6,279,000
Employees 132 102 82
Trends
Profitability %20LIMITED%2001-Oct-2008_files/image003.gif){kind=small}
Liquidity %20LIMITED%2001-Oct-2008_files/image004.gif){kind=small}
Shareholders Funds
company information
Registered
Address
Telephone Number
TPS
Address
NO 4 CASTLE COURT
2
CASTLEGATE WAY
DUDLEY
DY1 4RH
Trading Address
Telephone Number
TPS
Address
Castle Court 2
Castlegate Way
Dudley
DY1 4RH
Web Address dunnbros1995.co.uk Incorporation
Date 23/05/1995
Type of Accounts Full Accounts Filing Date of Accounts 22/07/2008
Company Type Private Limited With Share Capital Date of Latest Accounts 30/09/2007
Annual Return 23/05/2008
Previous Name(s)
Changed: 28/06/1995 Speedyfuel Limited
Industry:
Scrap
Metal Dealing And Refining.
SIC
Code Description
5157 Wholesale Of Waste & Scrap
Mortgage Charges
Outstanding 4 Satisfied 5
Shareholders
Share
Capital 2275003 Currency Gbp
Previous Names Details
Previous Name(s)
Changed : 28/06/1995 Speedyfuel Limited
Secondary Industry Code Details
SIC
Code Description
5157 Wholesale Of Waste & Scrap
Mortgage Details
Mortgage
Type: debenture
Date
Charge Created: 04/07/2008 Date Charge Registered: 12/07/2008
Date
Charge Satisfied: Status: Outstanding
Person(s)
Entitled: LLOYDS TSB BANK
PLC
Amount
Secured: all monies due or
to become due from the company to the chargee on any account whatsoever
Details: fixed and floating charge over the
undertaking and all property and assets present and future, including goodwill,
book debts, uncalled capital, buildings, fixtures, fixed plant & machinery
see image for full details
Mortgage
Type: fixed and floating
charge
Date
Charge Created: 16/08/2005 Date Charge Registered: 18/08/2005
Date
Charge Satisfied: Status: Outstanding
Person(s)
Entitled: EURO SALES FINANCE
PLC
Amount
Secured: 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
Details: 01 fixed and floating charges over the
undertaking and all property and assets present and future including goodwill
bookdebts uncalled capital buildings fixturesfixed plant and machinery.
Mortgage
Type: legal charge
Date
Charge Created: 08/09/2004 Date Charge Registered: 17/09/2004
Date
Charge Satisfied: Status: Outstanding
Person(s)
Entitled: NATIONAL
WESTMINSTER BANK PLC
Amount
Secured: all monies due or to
become due from the company to the chargee on any account whatsoever.
Details: land at cornwall road/ragone lane smethw ick
warley t/n wm744078, 30 by way of fixed charge the benefit of all covenants and
rights concerning the property and plant machinery fixtures fittings furniture
equipment implements and utensils the goodwill of any business carried on at
the property and the proceeds of any insurance affecting the property or assets
Mortgage
Type: debenture
Date
Charge Created: 27/08/2004 Date Charge Registered: 28/08/2004
Date
Charge Satisfied: Status: Outstanding
Person(s)
Entitled: NATIONAL
WESTMINSTER BANK PLC
Amount
Secured: all monies due or
to become due from the company to the chargee on any account whatsoever.
Details: 01 fixed and floating charges over the
undertaking and all property and assets present and future including goodwill
bookdebts uncalled capital buildings fixturesfixed plant and machinery.
Mortgage
Type: fixed charge
Date
Charge Created: 22/08/2002 Date Charge Registered: 23/08/2002
Date
Charge Satisfied: 24/08/2004 Status: Satisfied
Person(s)
Entitled: LLOYDS UDT LIMITED
Amount
Secured: all monies due or
to become due from the company to the chargee on any account whatsoever.
Details: 1 x lindemann 1250 hp shredder with clea
ning system & conveyors with middle & to p housing for 1250 hp shredder
with hydr aulic top grid cover s/no. 540145 and 1 x euro hydranech crane s/no.
a702794 and 1 x fuchs 350r machine including grab s /no. 0004
Mortgage
Type: mortgage deed
Date
Charge Created: 01/03/2001 Date Charge Registered: 07/03/2001
Date
Charge Satisfied: 18/08/2005 Status: Satisfied
Person(s)
Entitled: LLOYDS TSB BANK
PLC
Amount
Secured: all monies due or
to become due from the company to the chargee on any account whatsoever.
Details: land/blds on the north west side of the
junction of rabone lane and cornwall rd, smethwick warley, worcestershire; t/no
wr 5328 21 together with all buildings and fixtures (including trade fixtures)
fixed plantand machinery by way of fixed charge all present and future book and
other debts floating charge over all moveable plant machinery implements
utensils furniture and equipment by way of assignment the goodwill of the
business (if any) the full benefit of all licences and all guarantees
Mortgage
Type: fixed charge
Date
Charge Created: 21/09/2000 Date Charge Registered: 22/09/2000
Date
Charge Satisfied: 24/08/2004 Status: Satisfied
Person(s)
Entitled: LLOYDS UDT LIMITED
Amount
Secured: the principal sum
of £39,939.41 due or t o become due from the company to the cha rgee
Details: 1 x bjd twin roll crusher serial no. a63 33
Mortgage
Type: debenture
Date
Charge Created: 10/05/1999 Date Charge Registered: 12/05/1999
Date Charge
Satisfied: 18/08/2005 Status: Satisfied
Person(s)
Entitled: LLOYDS BANK PLC
Amount
Secured: all monies due or
to become due from the company to the chargee on any account whatsoever.
Details: 01 fixed and floating charges over the
undertaking and all property and assets present and future including goodwill
bookdebts uncalled capital buildings fixturesfixed plant and machinery.
Mortgage
Type: fixed charge
Date
Charge Created: 23/07/1998 Date Charge Registered: 24/07/1998
Date
Charge Satisfied: 24/08/2004 Status: Satisfied
Person(s)
Entitled: LLOYDS BOWMAKER
LIMITED
Amount
Secured: £200,000 and all
other monies due or to become due from the company to the chargee
Details: first fixed charge over 1 x lindermann 1 250
hp shredder with cleaning system ser ial number 540145 1 x euro hydranech cra
ne serial number a702794
Shareholders Details
Name Shares
Alan Dunn 2,275,001 Ordinary Gbp 1.00
Karl Steven Andrew
Dunn 1 Ordinary Gbp 1.00
David Richard Dunn 1 Ordinary Gbp 1.00
Trading Address Details
Address Telephone
Number TCPS
Castle Court 2 Castlegate Way Dudley DY1 4RH
accounts
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group structure
No group structure for this company.
Status History
Date Description
No Status History
Event History
Date Description
27/08/2008 Annual Returns
28/07/2008 New Accounts Filed
05/02/2008 Change In Reg.office
05/09/2007 Change In Reg.office
16/07/2007 New Accounts Filed
13/06/2007 Change In Reg.office
13/06/2007 Change Of Company Postcode
08/06/2006 New Accounts Filed
03/06/2005 New Accounts Filed
09/08/2004 New Board Member (david
Richarddunn) Appointed
09/08/2004 Annual Returns
15/06/2004 New Accounts Filed
12/06/2004 Data Refresh
08/06/2004 Annual Returns
directors
Name Alan Dunn
Address Oak House
Rotherhams Oak Lane
Hockley Heath
Solihull
West Midlands
B94 6RW
Officers
Title Mr Date Of
Birth 29/04/1942
Honours Present
Appointments 3
Appointment
Date 14/06/1995 Function Director
Name Karl Steven
Andrew Dunn
Address Grovewood Ullehall
Lane
Ullenhall
West Midlands
England
B95 5PP
Officers
Title Mr Date Of
Birth 11/04/1965
Honours Present
Appointments 3
Appointment
Date 14/06/1995 Function Company Secretary
Name Karl Steven
Andrew Dunn
Address Grovewood Ullehall
Lane
Ullenhall
West Midlands
England
B95 5PP
Officers
Title Mr Date Of
Birth 11/04/1965
Honours Present
Appointments 3
Appointment
Date 14/06/1995 Function Director
Name David Richard Dunn
Address Grange View Forde
Hall Lane
Tanworth In Arden
Solihull
West Midlands
B94 5AZ
Officers
Title Mr Date Of
Birth 24/05/1967
Honours Present
Appointments 3
Appointment
Date 14/06/1995 Function Director
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.96 |
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UK Pound |
1 |
Rs.83.91 |
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Euro |
1 |
Rs.66.36 |
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%)