MIRA INFORM REPORT

Report Date :

27.10.2008

IDENTIFICATION DETAILS

Name :	JACKSON TRAWLS LIMITED

Registered Office :	Broad House, Broad Street, Peterhead, Aberdeenshire AB42 1HY

Country :	United Kingdom

Financials (as on) :	31.07.2007

Date of Incorporation :	06.11.1975

Legal Form :	Private Limited with Share Capital

Line of Business :	Other Manufacturing

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 :	[£] 100,000

Status :	Good

Payment Behaviour :	No Complaints

Litigation :	Clear

Name of the company

JACKSON TRAWLS LIMITED

Number SC058902

company summary

Phone	01779478383	Type	Private limited with Share Capital
Address	BROAD HOUSE, BROAD STREET, PETERHEAD, ABERDEENSHIRE AB42 1HY	Company Status	Active - Accounts Filed
Postcode	AB42 1HY	Incorporated Date	06/11/1975

Todays Limit [£] 100,000

	Active CCJ's	0
	Value of CCJ's [£]	£0
	Number Of Writs	0

	Current Directors	3
	Total Directorships	37

Trading to Date	31/07/07	31/07/06	31/07/05
Turnover	-	-	-
Shareholder Funds	£1,328,287	£1,453,740	£1,567,069
Employees	-	-	-

	Trends
	Profitability
	Liquidity
	Shareholders Funds

Secondary Industry Code Details

	SIC Code	Description
	3663	Other Manufacturing (not Elsewhere Classified)

Mortgage Details

Mortgage Type:	standard security
Date Charge Created:	22/04/1988	Date Charge Registered:	04/05/1988
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND plc
Amount Secured:	all sums due, or to become due.
Details:	area of ground situated at mains of blac khouse ind. estate, peterhead

Mortgage Type:	bond & floating charge
Date Charge Created:	04/02/1988	Date Charge Registered:	12/02/1988
Date Charge Satisfied:		Status:	Outstanding
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND plc
Amount Secured:	all sums due, or to become due.
Details:	82 undertaking and all property and assetspresent and future of the company including uncalled capital.

Shareholders Details

	Name	Shares
	Arthur P Buchan	25 Ordinary Gbp 1.00
	Ms Ruth Strachan Buchan	25 Ordinary Gbp 1.00
	Stephen Buchan	25 Ordinary Gbp 1.00
	Mark Buchan	25 Ordinary Gbp 1.00

Trading Address Details

	Address	Telephone Number	TCPS
	Broad House Broad Street Peterhead AB42 1HY

accounts

PROFIT & LOSS

Annual Accounts	08/06-07/07	Change (%)	08/05-07/06	Change (%)	08/04-07/05
Months	12	-	12	-	12
Currency	GBP	-	GBP	-	GBP
Consolidated A/cs	N	-	N	-	N
Turnover	-	-	-	-	-
Export	-	-	-	-	-
Cost of Sales	-	-	-	-	-
Gross Profit	-	-	-	-	-
Wages & Salaries	-	-	-	-	-
Directors Emoluments	-	-	-	-	-
Operating Profits	-	-	-	-	-
Depreciation	54,790	-7.4 %	59,155	-16.0 %	70,394
Audit Fees	-	-	-	-	-
Interest Payments	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-
Taxation	-	-	-	-	-
Profit After Tax	-	-	-	-	-
Dividends Payable	-	-	-	-	-
Retained Profits	-	-	-	-	-

BALANCE SHEET

Annual Accounts	08/06-07/07	Change (%)	08/05-07/06	Change (%)	08/04-07/05
Tangible Assets	409,286	-22.5 %	527,795	-9.4 %	582,452
Intangible Assets	-	-	-	-	-
Total Fix Assets	409,286	-22.5 %	527,795	-9.4 %	582,452
Total Current Assets	1,147,933	10.8 %	1,036,503	-21.6 %	1,321,921
Trade Debtors	557,302	-	-	-	-
Stock	160,174	4.8 %	152,797	-6.4 %	163,294
Cash	430,457	20.7 %	356,552	-47.2 %	675,379
Other Current Assets	-	-100.0 %	527,154	9.1 %	483,248
Increase In Cash	73,905	123.2 %	-318,827	-279.4 %	177,677
Miscellaneous Current Assets	-	-	-	-	-
Total Assets	1,557,219	-0.5 %	1,564,298	-17.9 %	1,904,373
Total Current Liabilities	225,832	110.2 %	107,458	-67.3 %	328,720
Trade Creditors	225,832	-	-	-	-
Bank Overdraft	-	-	-	-	-
Other Short Term Fin	-	-	-	-	-
Miscellaneous Current Liabilities	-	-100.0 %	107,458	-67.3 %	328,720
Other Long Term Fin	-	-	-	-	-
Total Long Term Liabilities	3,100	-	3,100	-63.9 %	8,584
Bank Overdraft & LTL	3,100	-	3,100	-63.9 %	8,584
Total Liabilities	228,932	107.1 %	110,558	-67.2 %	337,304
Net Assets	1,328,287	-8.6 %	1,453,740	-7.2 %	1,567,069
Working Capital	922,101	-0.7 %	929,045	-6.5 %	993,201

CAPITALS & RESERVES

Annual Accounts	08/06-07/07	Change (%)	08/05-07/06	Change (%)	08/04-07/05
Paid up equity	100	-	100	-	100
P&L Account Reserve	1,328,187	-8.6 %	1,453,640	-7.2 %	1,566,969
Sundry Reserves	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-
Shareholder Funds	1,328,287	-8.6 %	1,453,740	-7.2 %	1,567,069
Net Worth	1,328,287	-8.6 %	1,453,740	-7.2 %	1,567,069

MISCELLANEOUS

Annual Accounts	08/06-07/07	Change (%)	08/05-07/06	Change (%)	08/04-07/05
Net Cashflow from Operations	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-
Contingent Liability	NO	-	NO	-	NO
Capital Employed	1,331,387	-8.6 %	1,456,840	-7.5 %	1,575,653
No of Employees	-	-	-	-	-

	Auditors
	AuditQualification	No Adverse Comments
	Bankers	THE ROYAL BANK OF SCOTLAND PLC
	BankBranchCode	83-26-16

RATIOS

Annual Accounts	08/06-07/07	08/05-07/06	08/04-07/05
Pre-tax profit margin %	-	-	-
Current ratio	5.08	9.65	4.02
Sales/Net Working Capital	-	0.00	0.00
Gearing %	0.2 %	0.2 %	0.5 %
Equity in %	85.3 %	92.9 %	82.3 %
Creditor Days	-	-	-
Debtor Days	-	-	-
Liquidity/Acid Test	4.37	8.22	3.52
Return On Capital Employed %	-	0.0 %	0.0 %
Return On Total Assets Employed %	-	0.0 %	0.0 %
Current Debt Ratio %	0.2 %	0.1 %	0.2 %
Total Debt Ratio %	0.2 %	0.1 %	0.2 %
Stock Turnover Ratio %	-	-	-
Return on Net Assets Employed %	-	0.0 %	0.0 %

group structure

No group structure for this company.

Status History

Date	Description
No Status History

Event History

Date	Description
25/04/2008	New Accounts Filed
07/04/2008	Annual Returns
21/05/2007	New Accounts Filed
09/05/2006	New Accounts Filed
12/05/2005	New Accounts Filed
12/06/2004	Data Refresh
03/04/2004	New Board Member ( Masson & Glennie) Appointed
03/04/2004	Annual Returns
22/03/2004	Contact Tlf,fax

directors

Name	MASSON & GLENNIE
Address	Broad House
	Broad Street
	Peterhead
	Aberdeenshire
	AB42 1HY
Officers Title		Date Of Birth
Honours		Present Appointments	32
Appointment Date		Function	Company Secretary

Name	Arthur Pirie Buchan
Address	26 Kirktown
	St. Fergus
	Peterhead
	Aberdeenshire
	AB42 3DB
Officers Title	Mr	Date Of Birth	24/08/1944
Honours		Present Appointments	3
Appointment Date	20/02/1989	Function	Director

Name	Ruth Strachan Buchan
Address	26 Kirktown
	St Fergus
	Peterhead
	Aberdeenshire
	AB42 3DB
Officers Title	Ms	Date Of Birth	10/10/1944
Honours		Present Appointments	2
Appointment Date	20/02/1989	Function	Director

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.77
UK Pound	1	Rs.79.78
Euro	1	Rs.63.36

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

Web Address	jacksontrawls.co.uk	Incorporation Date	06/11/1975
Type of Accounts	Total Exemption Small	Filing Date of Accounts	18/04/2008
Company Type	Private Limited With Share Capital	Date of Latest Accounts	31/07/2007
Annual Return	28/03/2008

Registered Address		Trading Address
Telephone Number	01779478383	Telephone Number
TPS	N	TPS
Address		Address
BROAD HOUSE BROAD STREET PETERHEAD ABERDEENSHIRE AB42 1HY		Broad House Broad Street Peterhead AB42 1HY

	Industry:
	Manufacturing.

	Mortgage Charges
	Outstanding	2	Satisfied	0