MIRA INFORM REPORT

Report Date :

17.10.2008

IDENTIFICATION DETAILS

Name :	EDWARDS LIMITED

Registered Office :	Manor Royal, Crawley, West Sussex Rh10 9lw

Country :	United Kingdom

Date of Incorporation :	22.02.2007

Legal Form :	Private limited with Share Capital

Line of Business :	Manufacture Of Pumps And Compressors

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	£1,000

Status :	Satisfactory

Payment Behaviour :	No Complaints

Litigation :	Clear

Name

EDWARDS LIMITED

Number 06124750

company summary

Phone		01293528844	Type		Private limited with Share Capital
Address		MANOR ROYAL, CRAWLEY, WEST SUSSEX RH10 9LW	Company Status		Active - Newly Incorporated
Postcode		RH10 9LW	Incorporated Date		22/02/2007

Todays Limit [£]						1,000

Commentary This company has achieved a rating score of 69, this score presents that the company is of low risk in direct comparison to other new companies. Given that the company is newly incorporated the suggested level of credit is £1,000.
	Active CCJ's			0
	Value of CCJ's [£]			£0
	Number Of Writs			0
	Current Directors			4
	Total Directorships			17

	No Accounts Available.
	Trends
	Profitability
	Liquidity
	Shareholders Funds

Previous Names Details

	Previous Name(s)
	Changed :	30/04/2007	Edwards Ukco 3 Limited

Secondary Industry Code Details

SIC Code	Description
2912	Manufacture Of Pumps And Compressors

Mortgage Details

Mortgage Type:			amended and restated share kun-pledge agreement
Date Charge Created:			31/07/2008			Date Charge Registered:		12/08/2008
Date Charge Satisfied:						Status:		Outstanding
Person(s) Entitled:			DEUTSCHE BANK AG, NEW YORK BRANCH
Amount Secured:			all monies due or to become due from the loan party on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:			all of its right, title and interest in the shares meaning 100% of shares in the company, see image for full details

Mortgage Type:		an amendment and restatement agremment
Date Charge Created:		30/07/2007			Date Charge Registered:		16/08/2007
Date Charge Satisfied:					Status:		Outstanding
Person(s) Entitled:		DEUTSCHE BANK AG NEW YORK BRANCH AS AGENT AND TRUSTEES FOR THE SECURED PARTIES
	Amount Secured:			all monies due or to become due from the customer under the terms of the aforementioned instrument creating or evidencing the charge
	Details:			fixed and floating charges over the undertaking and all property and assets present and future including goodwill uncalled capital buildings fixtures plant and machinery

Mortgage Type:	amendment and restatement agreement
Date Charge Created:	30/07/2007	Date Charge Registered:	16/08/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	DEUTSCHE BANK AG NEW YORK BRANCH AS AGENT AND TRUSTEES FOR THE SECURED PARTIES
Amount Secured:	all monies due or to become due from the company under the terms of the aforementioned instrument creating or evidencing the charge
Details:	fixed and floating charges over the undertaking and all property and assets present and future including goodwill uncalled capital buildings fixtures plant and machinery

Mortgage Type:	debenture
Date Charge Created:	31/05/2007	Date Charge Registered:	13/06/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	DEUTSCHE BANK AG NEW YORK BRANCH AS AGENT AND TRUSTEE FOR THE SECURED PARTIES
Amount Secured:	all monies due or to become due from the company to any secured party on any acc ount whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:	fixed and floating charges over the unde rtaking and all property and assets pres ent and future including goodwill uncall ed capital buildings fixtures plant and machinery

Mortgage Type:	debenture
Date Charge Created:	31/05/2007	Date Charge Registered:	13/06/2007
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	DEUTSCHE BANK AG NEW YORK BRANCH AS AGENT AND TRUSTEE FOR THE SECURED PARTIES
Amount Secured:	all monies due or to become due from the company to any secured party on any acc ount whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Details:	fixed and floating charges over the unde rtaking and all property and assets pres ent and future including goodwill uncall ed capital buildings fixtures plant and machinery

Shareholders Details

Name	Shares
Edwards (cayman Islands Ii) Limited	999 Ordinary Gbp 1.00
Edwards Ukco 2 Limited	1 Ordinary Gbp 1.00

Trading Address Details

	Address	Telephone Number	TCPS
	Manor Royal Crawley RH10 9LW

accounts

No Accounts Available.

group structure

	Ultimate Parent Company	EDWARDS LIMITED
	Companies in Group	4

Company Name	Registered Number	Latest Annual Accounts
EDWARDS LIMITED<<<	06124750	N/A
EDWARDS HIGH VACUUM INTERNATIONAL LIMITED	01148654	31/12/2006
EDWARDS CHEMICAL MANAGEMENT EUROPE LIMITED	00903896	31/12/2006
EDWARDS VACUUM LIMITED	01175680	31/12/2006

Status History

Date	Description
No Status History

Event History

Date	Description
10/04/2008	Annual Returns
31/03/2008	Annual Returns
31/03/2008	Annual Returns
19/03/2008	New Board Member Mr N.d. Hunton Appointed
07/01/2008	Nigel Hunton Details Have Changed
25/07/2007	New Company Secretary (christopher Bradley) Appointed
20/07/2007	New Board Member (christopher Bradley) Appointed
19/07/2007	Heinz Holsten Has Resigned As Company Secretary
19/07/2007	Heinz Holsten Has Left The Board
19/07/2007	New Board Member (stephen Ormrod) Appointed
06/06/2007	Change In Reg.office
06/06/2007	Change Of Company Postcode
29/05/2007	Caroline Gibbings Has Left The Board
29/05/2007	Stephen Frankwelton Has Left The Board
23/05/2007	New Board Member (nigel Hunton) Appointed

directors

Name	Christopher Bradley
Address	Woodlands
	Foxhollow Drive
	Farnham Common
	Bucks
	SL2 3HB
Officers Title	Mr	Date Of Birth	31/03/1961
Honours		Present Appointments	8
Appointment Date	13/04/2007	Function	Company Secretary

Name	Christopher Bradley
Address	Woodlands
	Foxhollow Drive
	Farnham Common
	Bucks
	SL2 3HB
Officers Title	Mr	Date Of Birth	31/03/1961
Honours		Present Appointments	8
Appointment Date	13/04/2007	Function	Director

Name	Nigel David Hunton
Address	Roughwoods Brantridge Forest
	High Street
	Balcombe
	West Sussex
Officers Title	Mr	Date Of Birth	02/09/1960
Honours		Present Appointments	8
Appointment Date	13/04/2007	Function	Director

Name	Stephen Ellis Ormrod
Address	17 Southlands
	East Grinstead
	West Sussex
	RH19 4DB
Officers Title	Dr	Date Of Birth	04/07/1951
Honours		Present Appointments	1
Appointment Date	31/05/2007	Function	Director

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.68
UK Pound	1	Rs.84.37
Euro	1	Rs.65.70

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

Registered Address				Trading Address
Telephone Number	01293528844			Telephone Number
TPS	N			TPS
Address				Address
MANOR ROYAL CRAWLEY WEST SUSSEX RH10 9LW				Manor Royal Crawley RH10 9LW

Web Address	edwardsvacuum.com			Incorporation Date				22/02/2007
Type of Accounts	Not Available			Filing Date of Accounts
Company Type	Private Limited With Share Capital			Date of Latest Accounts
Annual Return	22/02/2008

Previous Name(s)
Changed:	30/04/2007						Edwards Ukco 3 Limited

SIC Code			Description
2912			Manufacture Of Pumps And Compressors

Mortgage Charges
Outstanding						5		Satisfied		0

Shareholders
Share Capital		1000			Currency				Gbp