MIRA INFORM REPORT

 

 

 

Report Date :

19.10.2008

 

IDENTIFICATION DETAILS

 

Name :

GAPUMA COMMODITIES LLP                          

 

 

Registered Office :

Interactive House, 46 Great Eastern Street,  London, EC2A 3EP

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.03.2007

 

 

Date of Incorporation :

06.01.2004

 

 

Legal Form :

Other

 

 

Line of Business :

Purchase and Sale of Commodities.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

[£] 12,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

Name of the company

 

GAPUMA COMMODITIES LLP                          

Number         OC306459                                    

 

 

company summary

 

 

Phone

 

Type

Other

 

 

Address

INTERACTIVE HOUSE,
46 GREAT EASTERN STREET,
LONDON,
EC2A 3EP

Company Status

Active - Accounts Filed

 

 

Postcode

EC2A 3EP

Incorporated Date

06/01/2004

 

 

 Todays Limit [£]                                                                12,000                                                            

 

 

Active CCJ's

0

 

 

 

Value of CCJ's [£]

£0

 

 

 

Number Of Writs

0

 

 

 

 

Current Directors

3

 

 

Total Directorships

9

 

 

 

Trading to Date

31/03/07

31/03/06

31/03/05

 

Turnover

£57,058

£2,712,739

£1,036,439

 

Shareholder Funds

£50,956

£44,274

£1,961

 

Employees

-

-

-

 

 

Trends

 

 

 

Profitability

 

 

Liquidity

 

 

Shareholders Funds

 

 

 

company information

 

Registered Address

Trading Address

 

Telephone Number

 

Telephone Number

 

 

TPS

 

TPS

 

 

Address

Address

 

INTERACTIVE HOUSE
46 GREAT EASTERN STREET
LONDON
EC2A 3EP

Interactive House
46 Great Eastern Street
EC2A 3EP

 

 

 

 

 

 

Web Address

 

Incorporation Date

06/01/2004

 

Type of Accounts

Total Exemption Full

Filing Date of Accounts

31/10/2007

 

Company Type

Other

Date of Latest Accounts

31/03/2007

 

Annual Return

31/12/2006

 

 

 

 

 

 

Industry:

 

Purchase And Slae Of Commodities.

 

 

 

 

 

 

 

 

 

 

SIC Code

Description

 

 

 

 

 

Mortgage Charges

 

Outstanding

0

Satisfied

0

                                                                                                                                                                     

 

Shareholders

 

Share Capital

0

Currency

Gbp

 

 

 

 

Secondary Industry Code Details          

 

 

SIC Code

Description

 

 

Shareholders Details

 

 

Name

Shares

 

No Share Capital

 

 

 

Trading Address Details                          

 

 

Address

Telephone Number

TCPS

 

Interactive House 46 Great Eastern Street EC2A 3EP

 

 

 

ACCOUNTS

 

PROFIT & LOSS

 

Annual Accounts

04/06-03/07

Change (%)

04/05-03/06

Change (%)

04/04-03/05

 

Months

12

-

12

-

12

 

Currency

GBP

-

GBP

-

GBP

 

Consolidated A/cs

N

-

N

-

N

 

Turnover

57,058

-97.9 %

2,712,739

161.7 %

1,036,439

 

Export

-

-

-

-

-

 

Cost of Sales

-

-100.0 %

2,589,496

167.5 %

968,197

 

Gross Profit

57,058

-53.7 %

123,243

80.6 %

68,242

 

Wages & Salaries

-

-

-

-

-

 

Directors Emoluments

-

-

-

-

-

 

Operating Profits

-

-

85,765

180.4 %

30,585

 

Depreciation

89

-25.8 %

120

-

-

 

Audit Fees

-

-

-

-

-

 

Interest Payments

-

-

-

-

-

 

Pre Tax Profit

58,648

-31.7 %

85,887

180.7 %

30,602

 

Taxation

-

-

-

-

-

 

Profit After Tax

58,648

-31.7 %

85,887

180.7 %

30,602

 

Dividends Payable

-

-

-

-

-

 

Retained Profits

58,648

-31.7 %

85,887

180.7 %

30,602

 

BALANCE SHEET

 

 

Annual Accounts

04/06-03/07

Change (%)

04/05-03/06

Change (%)

04/04-03/05

 

Tangible Assets

269

-24.9 %

358

-

-

 

Intangible Assets

-

-

-

-

-

 

Total Fix Assets

269

-24.9 %

358

-

-

 

Total Current Assets

62,728

-93.5 %

961,794

270.8 %

259,357

 

Trade Debtors

61,710

-90.2 %

630,942

241.2 %

184,920

 

Stock

-

-

-

-100.0 %

70,758

 

Cash

1,018

-99.7 %

326,424

999.9%

2,210

 

Other Current Assets

-

-100.0 %

4,428

201.4 %

1,469

 

Increase In Cash

-325,406

-200.4 %

324,214

999.9%

-5,326

 

Miscellaneous Current Assets

-

-

-

-

-

 

Total Assets

62,997

-93.5 %

962,152

271.0 %

259,357

 

Total Current Liabilities

12,041

-98.7 %

917,878

256.6 %

257,396

 

Trade Creditors

1,762

-99.8 %

916,177

700.5 %

114,453

 

Bank Overdraft

-

-

-

-

-

 

Other Short Term Fin

-

-

-

-

-

 

Miscellaneous Current Liabilities

10,279

504.3 %

1,701

-98.8 %

142,943

 

Other Long Term Fin

-

-

-

-

-

 

Total Long Term Liabilities

-

-

-

-

-

 

Bank Overdraft & LTL

-

-

-

-

-

 

Total Liabilities

12,041

-98.7 %

917,878

256.6 %

257,396

 

Net Assets

50,956

15.1 %

44,274

999.9%

1,961

 

Working Capital

50,687

15.4 %

43,916

999.9%

1,961

 

CAPITALS & RESERVES

 

 

Annual Accounts

04/06-03/07

Change (%)

04/05-03/06

Change (%)

04/04-03/05

 

Paid up equity

-

-

-

-

-

 

P&L Account Reserve

-

-

-

-

-

 

Sundry Reserves

50,956

15.1 %

44,274

999.9%

1,961

 

Revaluation Reserve

-

-

-

-

-

 

Shareholder Funds

50,956

15.1 %

44,274

999.9%

1,961

 

Net Worth

50,956

15.1 %

44,274

999.9%

1,961

 

MISCELLANEOUS

 

 

Annual Accounts

04/06-03/07

Change (%)

04/05-03/06

Change (%)

04/04-03/05

 

Net Cashflow from Operations

-

-

-

-

-

 

Net Cashflow before Financing

-

-

-

-

-

 

Net Cashflow from Financing

-

-

-

-

-

 

Contingent Liability

NO

-

NO

-

NO

 

Capital Employed

50,956

15.1 %

44,274

999.9%

1,961

 

No of Employees

-

-

-

-

-

     

Auditors

 

 

AuditQualification

No Adverse Comments

 

Bankers

 

 

BankBranchCode

 

 

RATIOS

 

 

Annual Accounts

04/06-03/07

04/05-03/06

04/04-03/05

 

Pre-tax profit margin %

102.8 %

3.2 %

3.0 %

 

Current ratio

5.21

1.05

1.01

 

Sales/Net Working Capital

1.13

61.77

528.53

 

Gearing %

0.0 %

0.0 %

0.0 %

 

Equity in %

80.9 %

4.6 %

0.8 %

 

Creditor Days

11.24

123.27

40.31

 

Debtor Days

393.68

84.89

65.12

 

Liquidity/Acid Test

5.21

1.05

0.73

 

Return On Capital Employed %

115.1 %

194.0 %

1,560.5 %

 

Return On Total Assets Employed %

93.1 %

8.9 %

11.8 %

 

Current Debt Ratio %

0.2 %

20.7 %

131.3 %

 

Total Debt Ratio %

0.2 %

20.7 %

131.3 %

 

Stock Turnover Ratio %

-

0.0 %

6.8 %

 

Return on Net Assets Employed %

115.1 %

194.0 %

1,560.5 %

 

 

group structure

 

No group structure for this company.

 

 

 

Status History

 

Date

Description

No Status History

 

 

Event History

 

Date

Description

15/11/2007

New Accounts Filed

31/01/2007

New Accounts Filed

02/12/2005

New Accounts Filed

23/01/2005

Annual Returns

29/10/2004

New Board Member (nigel Barryportman) Appointed

29/10/2004

New Board Member (jack Bardakjian) Appointed

19/10/2004

New Accounts Filed

05/07/2004

New Board Member ( Gapuma (uk) Limited) Appointed

12/06/2004

Data Refresh

08/01/2004

Current Company Name

08/01/2004

The Type Of Company Changed

08/01/2004

Contact Tlf,fax

 

directors

 

 

Name

Nigel Barry Portman

 

 

Address

18 Reddings Avenue

 

 

 

Bushey

 

 

Hertfordshire

 

 

United Kingdom

 

 

WD23 3PB

 

Officers Title

Mr

Date Of Birth

02/10/1967

 

Honours

 

Present Appointments

3

 

Appointment Date

06/01/2004

Function

LLP Designated Member

 

 

Name

Jack  Bardakjian

 

 

Address

56 Clancarty Road

 

 

 

Fulham

 

 

London

 

 

London

 

 

SW6 3AA

 

Officers Title

Mr

Date Of Birth

19/05/1970

 

Honours

 

Present Appointments

3

 

Appointment Date

06/01/2004

Function

LLP Designated Member

 

 

 

 

 

 

 

 

Name

 GAPUMA (UK) LIMITED

 

 

Address

Interactive House

 

 

 

46 Great Eastern Street

 

 

London

 

 

London

 

 

EC2A 3EP

 

Officers Title

 

Date Of Birth

 

 

Honours

 

Present Appointments

3

 

Appointment Date

 

Function

LLP Designated Member

 

 

 

 

 

 

 

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