MIRA
INFORM REPORT
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Report Date : |
05.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
L N METALS INTERNATIONAL LIMITED |
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Registered Office : |
81 Gracechurch Street, London, EC3V 0AU |
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Country : |
United Kingdom |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
18.11.1998 |
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Com. Reg. No.: |
03669575 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Retailers of International Non-Ferrous Metals |
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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Maximum Credit Limit : |
US Dollar 344,100 |
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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 |
L N METALS INTERNATIONAL LIMITED |
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Ultimate Holding Company |
L N METALS INTERNATIONAL LTD |
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Trading Address |
81 Gracechurch Street,LONDON,EC3V 0AU |
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Telephone |
020-7929-3614 |
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Assurances
in the form of guarantees may be necessary especially if the Credit Limit assigned
is required to be exceeded |
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Credit Limit |
US
Dollar 344,100 |
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Selling
to this company? The Credit Limit is the recommended maximum outstanding
debtor exposure at any one time. |
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Contract Limit |
US
Dollar 2,717,400 |
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Buying
from this company? The Contract Limit is the recommended aggregate annual
value for supply contracts. |
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Official Company Data
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|
Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
03669575 |
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Date of Incorporation |
18/11/1998 |
|
Registered Office |
81 Gracechurch Street, London, EC3V 0AU |
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Date of Last Annual Return to
Registry |
18/11/2007 |
|
Activities |
Retailers of international non-ferrous metals
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|
Accounts |
The last filed accounts cover the period to 31/12/2007 and
were filed on 28/05/2008 with Companies House. |
Recently Filed Documents
Details
of the most recent documents
|
Date
Received |
Description |
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18/11/2007 |
Annual Return |
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31/12/2007 |
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 |
MR MICHAEL LOUIS SCHONFELD |
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Occupation |
BANKER |
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Address |
36 ALBERT COURT, PRINCE CONSORT ROAD , LONDON
, SW7 2BE |
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Country of Origin |
GERMAN |
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Date of Birth |
18/08/1950 |
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Appointment Date |
24/09/2002 |
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Other Appointments |
NUFCOR MINING & TRADING LTD, NUFCOR CAPITAL
LTD, NUFCOR INTERNATIONAL LTD, FIRSTRAND (UK) LTD |
|
DIRECTOR |
MR NIGEL KENNETH DENTOOM |
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Occupation |
COMPANY DIRECTOR |
|
Address |
ELDEN LODGE, LONGAFORD WAY HUTTON , BRENTWOOD
, ESSEX , CM13 2LT |
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Country of Origin |
BELGIAN |
|
Date of Birth |
23/08/1956 |
|
Appointment Date |
24/09/2002 |
|
Other Appointments |
BIDEAWHILE 538 LTD, THURROCK OPEN DOOR, END OF
AN ERA LTD, WATERSCAPE VILLAGE LTD, LN FUTURES LTD, ELDEN
CONSULTING SERVICES LTD, BRANDEIS (BROKERS) LTD, GREEN TYRE COMPANY
PLC, SCOTIA CAPITAL (EUROPE) LTD, THE LONDON METAL EXCHANGE LTD, MOCATTA
COMMERCIAL LTD, MOCATTA & GOLDSMID LTD |
|
DIRECTOR |
MR KEVIN JOHN RHODES |
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Occupation |
COMPANY DIRECTOR |
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Address |
30 LANKESTER SQUARE, EASTLANDS WAY , OXTED
, SURREY , RH8 0LJ |
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Country of Origin |
BRITISH |
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Date of Birth |
04/01/1965 |
|
Appointment Date |
10/04/2003 |
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Other Appointments |
LN FUTURES LTD, EMETRA LTD, RHODES ASSOCIATES
LTD, TRAVEL TRADE EXECUTIVE LTD, REFCO OVERSEAS LTD, REFCO
EUROPE LTD, STUART BENSON (UK) LTD, TRAVEL TRADE RECRUITMENT
LTD, ENRON METALS FAR EAST LTD, ENRON METALS BROKERS LTD, ENRON
METALS ENERGY LTD, RBS SEMPRA METALS LTD, KERESFORTH THREE
LTD, MAN & MACHINE (NORTH WEST) LTD, BATH,HENRY,& SON LTD |
|
DIRECTOR |
MR IAIN ROY SCOTT PATERSON |
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Occupation |
METAL MERCHANT |
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Address |
COOPERS BRIDGE, TUNBRIDGE LANE , BRAMSHOTT
, HAMPSHIRE , GU30 7RF |
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Country of Origin |
BRITISH |
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Date of Birth |
01/10/1956 |
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Appointment Date |
02/01/2007 |
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Other Appointments |
GALENA ASSET MANAGEMENT LTD, TRAFALGAR CAPITAL
MANAGEMENT LTD |
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DIRECTOR |
MR IAN STUART MCINTOSH |
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Occupation |
COMPANY DIRECTOR |
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Address |
16 PLATEAU DE CHAMPEL, , GENEVE , 1206 |
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Country of Origin |
BRITISH |
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Date of Birth |
08/08/1961 |
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Appointment Date |
31/10/2007 |
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DIRECTOR |
MR MARK CHARLES LOWE |
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Occupation |
COMPANY DIRECTOR |
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Address |
16 CHEMIN CHARLES-BOUGEAUD, , 1213 ONEX
, GENEVE |
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Country of Origin |
BRITISH |
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Date of Birth |
28/12/1960 |
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Appointment Date |
31/10/2007 |
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SECRETARY |
MR KEVIN RHODES |
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Address |
30 LANKESTER SQUARE, EASTLANDS WAY , OXTED
, SURREY , RH8 0LJ |
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Country of Origin |
BRITISH |
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Date of Birth |
04/01/1965 |
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Appointment Date |
10/04/2003 |
Recently Resigned Directors (last 3)
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DIRECTOR |
MR PAUL FRANCOIS JOHN HELLINCKX |
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Occupation |
Company Director |
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Address |
223 CYNCOED ROAD , , CARDIFF ,
, CF23 6AL |
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Country of Origin |
Belgian |
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Date of Birth |
30/09/1966 |
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Resignation Date |
22/06/2006 |
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DIRECTOR |
DR LUCIANO PERI |
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Occupation |
Metal Trader |
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Address |
VIA TEDDORO FRIZZONI N.12 , , 24100 BERGANO
, , |
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Country of Origin |
Italian |
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Date of Birth |
03/06/1950 |
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Resignation Date |
31/03/2005 |
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DIRECTOR |
MR NICHOLAS KENNETH HAROLD JOHN |
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Occupation |
Commodity Broker |
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Address |
1A RIDGEWAY AVENUE , , NEWPORT , GWENT
, NP20 5AJ |
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Country of Origin |
British |
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Date of Birth |
28/08/1957 |
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Resignation Date |
09/04/2003 |
Share Summary
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Share Currency: |
GBP |
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Principal Shareholders: |
Type Of Share |
No. of Shares |
Value |
Voting %age |
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Louis Dreyfus Commodities Suisse SA |
ORD |
438,706 |
438,706.00 |
33.00 |
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R M B International (Dublin) Ltd |
ORD |
341,012 |
341,012.00 |
25.00 |
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Mr Kevin Rhodes |
ORD |
132,847 |
132,847.00 |
10.00 |
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Mr Nigel Dentoom |
ORD |
132,847 |
132,847.00 |
10.00 |
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First Rand International Ltd |
ORD |
97,738 |
97,738.00 |
7.00 |
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Iain Paterson |
ORD |
96,154 |
96,154.00 |
7.00 |
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Srdjan Milak |
ORD |
21,555 |
21,555.00 |
2.00 |
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Mr Paul Hellinckx |
ORD |
15,012 |
15,012.00 |
1.00 |
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Mr Mike Baker |
ORD |
14,250 |
14,250.00 |
1.00 |
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Johan Carlier |
ORD |
12,500 |
12,500.00 |
1.00 |
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Mortgages and Charges
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Total Registered |
29 |
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Total Outstanding |
22 |
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Total Satisfied |
7 |
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Most Recent Mortgage |
05/06/2008 |
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Date Registered |
24/06/2008 |
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Type |
395 |
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Date Created |
05/06/2008 |
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Lender |
SUMITOMO MITSUI BANKING CORPORATION EUROPE LIMITED |
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Secured On |
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 |
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Details |
ALL RIGHTS AND BENEFITS UNDER EACH CONTRACT OF SALE WITH A
PURCHASER SEE IMAGE FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
24/06/2008 |
|
Type |
395 |
|
Date Created |
05/06/2008 |
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Lender |
SUMITOMO MITSUI BANKING CORPORATION EUROPE LIMITED |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
ON ANY ACCOUNT WHATSOEVER |
|
Details |
THE GOODS AND ALL BILLS OF LADING WARRANTS DELIVERY ORDERS
WAREHOUSE KEEPERS CERTIFICATES OR RECEIPTS AND ALL DOCUMENTS OF TITLE SEE
IMAGE FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
25/04/2008 |
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Type |
395 |
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Date Created |
15/04/2008 |
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Lender |
BANQUE CANTONALE VAUDOISE |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
|
Details |
FIXED CHARGE OVER ALL ITS RIGHTS,TITLE AND INTEREST IN AND
TO (I) ASSIGNED RECEIVABLES (II) ALL AMOUNTS,CREDITS OR OTHER ASSETS OR
RIGHTS SEE IMAGE FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
23/08/2007 |
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Type |
395 |
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Date Created |
06/08/2007 |
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Lender |
FORTIS BANK S.A.N.V |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
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Details |
THE CHARGED PROPERTY SEE THE MORTGAGE CHARGE DOCUMENT FOR
FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
23/08/2007 |
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Type |
395 |
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Date Created |
06/08/2007 |
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Lender |
FORTIS BANK S.A.N.V. |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details |
A FIRST PRIORITY ASSIGNMENT TO THE BANK ALL ITS RIGHT
TITLE AND INTEREST IN AND TO THE RECEIVABLES SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
23/08/2007 |
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Type |
395 |
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Date Created |
06/08/2007 |
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Lender |
FORTIS BANK S.A.N.V. |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Details |
FIXED CHARGE THE DEPOSIT AND ALL THE COMPANY'S RIGHT TITLE
BENEFIT AND INTEREST WHATSOEVER THEREIN SEE THE MORTGAGE CHARGE DOCUMENT FOR
FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
06/06/2007 |
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Type |
395 |
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Date Created |
31/05/2007 |
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Lender |
BNP PARIBAS (SUISSE) SA |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL MONIES, SECURITIES, TREASURY BILLS, NEGOTIABLE INSTRUMENTS
TOGETHER WITH ALL GOODS, INCLUDING BALANCES REMAINING, ALL PROCEEDS OF ANY OF
THE FOREGOING SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Satisfied? |
No |
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Date Registered |
10/05/2007 |
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Type |
395 |
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Date Created |
30/04/2007 |
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Lender |
BAYERISCHE HYPO-UND VEREINSBANK AG, LONDON BRANCH |
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Secured On |
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 |
FIRST FIXED CHARGE OVER ALL OF THE COMPANYS EXISTING
RIGHTS AND INTEREST IN ALL FUTUREOPTIONS CONTRACTS ENTERED INTO ALL CASH
PROCEEDS AND ALL HEDGING CONTRACTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL
DETAILS |
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Satisfied? |
No |
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|
|
Date Registered |
17/02/2007 |
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Type |
395 |
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Date Created |
16/02/2007 |
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Lender |
COFACE RECEIVALES FINANCE LIMITED |
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Secured On |
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 |
A FIXED CHARGE ON ALL OF THE COMPANYS APPROVED NON-VESTING
DEBTS WHICH NOW OR IN FUTURE BELONGING OR TO WHICH THE COMPANY MAY BE
ENTITLED A FLOATING CHARGE ON THE APPROVED NON-VESTING DEBTS IN THE EVENT
THAT THEY ARE NOT EFFECTIVELY CHARGE AS A FIXED CHARGE |
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Satisfied? |
No |
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|
|
Date Registered |
20/11/2006 |
|
Type |
395 |
|
Date Created |
30/10/2006 |
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Lender |
BANK LEUMI (UK) PLC |
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Secured On |
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 |
FIRST FIXED CHARGE OVER ALL OF THE COMPANY'S EXISTING AND
HEREAFTER AQUIRED RIGHTS AND INTEREST IN ALL HEDGING CONTRACTS AND ALL CASH
PROCEEDS AND ANY BALANCE REMAINING SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL
DETAILS |
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Satisfied? |
No |
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|
|
|
Date Registered |
20/11/2006 |
|
Type |
395 |
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Date Created |
10/11/2006 |
|
Lender |
BANK LEUMI (UK) PLC |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Details |
THE ASSIGNED ASSETS, CONTRACTS AND RECEIVEABLES. SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
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Satisfied? |
No |
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|
|
|
Date Registered |
13/11/2006 |
|
Type |
395 |
|
Date Created |
10/11/2006 |
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Lender |
BANK LEUMI (UK) PLC |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL MONIES FROM TIME TO TIME HELD TO THE CREDIT OF THE
MORTGAGOR ON ANY CURRENT DEPOSIT OR OTHER ACCOUNT OR ACCOUNTS UNDER ANY
DEPOSIT RECEIPT |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
13/09/2006 |
|
Type |
395 |
|
Date Created |
07/09/2006 |
|
Lender |
BARCLAYS BANK PLC |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
US DOLLAR DEPOSIT ACCOUNT NUMBER 64254666 THE CHARGE CREATES
A FIXED CHARGE OVER ALL THE DEPOSIT(S) REFERRED TO IN THE SCHEDULE TO THE
FORM 395 (INCLUDING ALL OR ANY PART OF THE MONEY PAYABLE PURSUANT TO SUCH
DEPOSIT(S) AND THE DEBTS REPRESENTED THEREBY) TOGETHER WITH ALL INTEREST FROM
TIME TO TIME ACCRUING THEREON IT ALSO CREATES AN ASSIGNMENT BY THE CHARGOR
FOR THE PURPOSES OF AND TO GIVE EFFECT TO THE SECURITY OVER THE RIGHT OF THE
CHARGOR TO REQUIRE REPAYMENT OF SUCH DEPOSIT(S) AND INTEREST THEREON |
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Satisfied? |
No |
|
|
|
|
Date Registered |
07/07/2006 |
|
Type |
395 |
|
Date Created |
05/07/2006 |
|
Lender |
COFACE RECEIVABLES FINANCE LIMITED |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
|
Details |
A FIXED CHARGE ON ALL NON VESTING DEBTS A FLOATING CHARGE
ON THE OTHER DEBTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Satisfied? |
Fully |
|
|
|
|
Date Registered |
24/05/2006 |
|
Type |
395 |
|
Date Created |
03/05/2006 |
|
Lender |
KBC BANK NV |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL PRESENT AND FUTURE RIGHTS WHATSOEVER FROM TIME TO TIME
TO THE SEPERATE ACCOUNT MEANING THE ACCOUNT NAMED LIMBOT IN THE NAME OF THE
COMPANY WITH THE BROKER AND THE PROCEEDS THEREOF SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
11/05/2006 |
|
Type |
395 |
|
Date Created |
27/04/2006 |
|
Lender |
BAYERISCHE HYPO-UND VEREINSBANK,AG |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
|
Details |
THE DEPOSIT TOGETHER WITH ALL INTEREST SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
11/05/2006 |
|
Type |
395 |
|
Date Created |
10/05/2006 |
|
Lender |
BAYERISCHE HYPO-UND VEREINSBANK,AG |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Details |
CHARGE OVER RECEIVABLES AND DAMAGES CLAIMS BY WAY OF FIRST
FIXED CHARGE AND RIGHT,TITLE,BENEFITS AND INTEREST. |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
11/05/2006 |
|
Type |
395 |
|
Date Created |
10/05/2006 |
|
Lender |
BAYERISCHE HYPO-UND VEREINSBANK,AG |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Details |
PLEDGE OVER THE PLEDGED DOCUMENTS AND GOODS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
12/11/2005 |
|
Type |
395 |
|
Date Created |
09/11/2005 |
|
Lender |
SINGER & FRIEDLANDER LIMITED |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
RIGHT TITLE BENEFIT AND INTEREST IN AND TO ALL
RECEIVABLES, ANY CONTRACT OF PURCHASE ANY MONIES ARISING FROM SUCH CONTRACT
SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
12/10/2004 |
|
Type |
395 |
|
Date Created |
01/10/2004 |
|
Lender |
BARCLAYS BANK PLC |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL RIGHTS AND ALL MONEY NOW OR IN THE FUTURE DUE OR OWING
TO THE COMPANY: (A) UNDER ANY CONTRACTS; (B) IN RESPECT OF ANY BREACH OF ANY
CONTRACT; (C) UNDER ANY POLICY OF INSURANCE IN RESPECT OF BANK FUNDED GOODS
SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
17/09/2004 |
|
Type |
395 |
|
Date Created |
02/09/2004 |
|
Lender |
ABSA BANK LIMITED |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
FIRST FIXED CHARGE OVER THE RIGHT, TITLE, BENEFITS AND
INTEREST IN AND TO ALL MONEYS PAYABLE NOW OR IN THE FUTURE ARISING OUT OF OR
AS A RESULT OF EACH PRESENT AND FUTURE CONTRACT, LETTER OF INDEMNITY, ANY AND
ALL PRESENT AND FUTURE RIGHTS AS A CONSEQUENCE OF THE OPERATION OF ANY
WASH-OUT SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
14/09/2004 |
|
Type |
395 |
|
Date Created |
06/09/2004 |
|
Lender |
SOCIETE GENERALE |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL GOODS OR PRODUCE, ALL DOCUMENTS RELATING TO THE
PLEDGED GOODS, PROCEEDS OF SALE AND A RECEIVABLES ASSIGNMENT OVER ALL PRESENT
AND FUTURE CONTRACTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
20/02/2002 |
|
Type |
395 |
|
Date Created |
30/01/2002 |
|
Lender |
BNP PARIBAS (SUISSE) S.A. |
|
Secured On |
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 |
BY WAY OF ASSIGNMENT ALL THE RIGHTS, TITLE AND INTEREST IN
AND TO ALL MONEYS AND OTHER RECEIVABLES ARISING OUT OF THE FINANCING,
CARRIAGE, SALE OR OTHER DISPOSITION OF ANY AND ALL GOODS. ALL MONEYS, CREDIT
OR OTHER ASSETS ON ANY ACCOUNT OR ACCOUNTS, ALL POLICIES AND CONTRACTS OF
INSURANCE. |
|
Satisfied? |
No |
|
|
|
|
Date Registered |
07/11/2001 |
|
Type |
395 |
|
Date Created |
06/11/2001 |
|
Lender |
RAIFFEISEN ZENTRALBANK OSTERREICH AKTIENGESELLSCHAFT,
LONDON BRANCH |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
ON ANY ACCOUNT WHATSOEVER |
|
Details |
ALL OF THE INDEBTEDNESS SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
|
Satisfied? |
Fully |
|
|
|
|
Date Registered |
07/11/2001 |
|
Type |
395 |
|
Date Created |
06/11/2001 |
|
Lender |
RAIFFEISEN ZENTRALBANK OSTERREICH AKTIENGESELLSCHAFT,
LONDON BRANCH |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY
AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
|
Satisfied? |
Fully |
|
|
|
|
Date Registered |
07/11/2001 |
|
Type |
395 |
|
Date Created |
06/11/2001 |
|
Lender |
RAIFFEISEN ZENTRALBANK OSTERREICH AKTIENGESELLSCHAFT,
LONDON BRANCH |
|
Secured On |
UNDER THIS AGREEMENT ALL MONIES DUE OR TO BECOME DUE FROM
THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
ANY LETTER OF CREDIT ALL DOCUMENTARY CREDITS AND ALL GOODS
SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
Fully |
|
|
|
|
Date Registered |
09/05/2001 |
|
Type |
395 |
|
Date Created |
18/04/2001 |
|
Lender |
HSBC BANK PLC |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED
CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY |
|
Satisfied? |
Fully |
|
|
|
|
Date Registered |
27/05/2000 |
|
Type |
395 |
|
Date Created |
26/05/2000 |
|
Lender |
HSBC BANK PLC |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
ON ANY ACCOUNT WHATSOEVER |
|
Details |
PROPERTY KA 1 CHAPMAN COURT PENLLYN AVENUE NEWPORT
(LEASEHOLD) WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS
CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY
SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY
GOODWILL OF ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY
RENTAL AND OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTEREST
CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT
OF THE PROPERTY |
|
Satisfied? |
Fully |
|
|
|
|
Date Registered |
11/05/1999 |
|
Type |
395 |
|
Date Created |
21/04/1999 |
|
Lender |
SOCIETE GENERALE |
|
Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details |
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE
INCLUDING UNCALLED CAPITAL SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Satisfied? |
Fully |
Public Record Information
Summary
of CCJ's/Scottish Decrees
|
There are no unsatisfied CCJs against the company. |
Operations
|
|
|
|
Activities |
Retailers of international non-ferrous metals
|
|
Sic Code |
Description |
|
5244 |
Retail sale of furniture, lighting equipment and household
articles not elsewhere classified |
|
Staff Employed |
20 |
|
Auditors |
CLB Littlejohn Frazer |
|
Auditors Notes |
No Qualification. The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the latest accounts. |
|
Bankers |
Barclays Bank PLC |
|
Sort Codes |
200000 |
|
Bankers |
Barclays Bank PLC |
|
Sort Codes |
200037 |
Financial Data
Profit and Loss
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
31/12/2007 |
31/12/2006 |
31/12/2005 |
31/12/2004 |
|
Currency |
US Dollar |
US Dollar |
US Dollar |
US Dollar |
|
Units |
units |
units |
units |
units |
|
Consolidated? |
Yes |
Yes |
Yes |
No |
|
SALES |
359,725,903 |
271,791,482 |
103,083,910 |
47,192,215 |
|
Cost of goods sold |
348,802,042 |
263,770,167 |
98,848,863 |
44,775,482 |
|
GROSS PROFIT |
10,923,861 |
8,021,315 |
4,235,047 |
2,416,733 |
|
General administration costs (-) |
5,466,360 |
3,832,729 |
2,947,928 |
2,066,025 |
|
Wages and Salaries |
3,535,636 |
1,736,282 |
884,269 |
253,351 |
|
Depreciation |
181,418 |
32,659 |
11,862 |
19,933 |
|
Net Operating Profit(Loss) |
5,457,501 |
4,188,586 |
1,287,119 |
350,708 |
|
Non Trading Income |
212,687 |
136,882 |
40,796 |
- |
|
Total Non Trading Income |
212,687 |
136,882 |
40,796 |
0 |
|
Interest expenses & similar (-) |
4,332,704 |
3,310,391 |
909,853 |
257,056 |
|
Financial Expenses |
4,332,704 |
3,310,391 |
909,853 |
257,056 |
|
PRE TAX PROFIT |
1,337,484 |
1,015,077 |
418,062 |
93,652 |
|
Other Taxation |
353,438 |
-377,495 |
0 |
- |
|
Taxation |
43,264 |
53,097 |
-19,411 |
- |
|
PROFIT AFTER TAX |
940,782 |
1,339,475 |
437,473 |
93,652 |
|
Net Profit |
940,782 |
1,339,475 |
437,473 |
93,652 |
|
Dividends Payable |
0 |
0 |
0 |
0 |
|
RETAINED PROFITS |
940,782 |
1,339,475 |
437,473 |
93,652 |
Balance Sheet
|
Number of Weeks |
52 |
52 |
52 |
52 |
|
Accounts Date |
31/12/2007 |
31/12/2006 |
31/12/2005 |
31/12/2004 |
|
Currency |
US Dollar |
US Dollar |
US Dollar |
US Dollar |
|
Units |
units |
units |
units |
units |
|
Consolidated? |
Yes |
Yes |
Yes |
No |
|
TOTAL FIXED ASSETS |
553,525 |
61,929 |
22,701 |
36,422 |
|
Plant, machinery & equipment |
27,150 |
61,929 |
22,701 |
32,093 |
|
Intangible Assets |
526,375 |
- |
- |
- |
|
TOTAL CURRENT ASSETS |
73,857,328 |
97,290,227 |
30,383,435 |
18,876,248 |
|
Stocks |
36,893,060 |
58,462,604 |
15,679,412 |
11,823,953 |
|
Trade Debtors |
34,828,247 |
36,163,345 |
12,057,657 |
3,645,167 |
|
Other Receivables |
645,470 |
1,094,790 |
311,259 |
398,930 |
|
Prepaid expenses |
185,736 |
159,308 |
93,343 |
33,896 |
|
Cash |
1,272,422 |
1,024,349 |
1,314,637 |
1,552,545 |
|
Tax Recoverable |
32,393 |
385,831 |
- |
79,760 |
|
TOTAL ASSETS |
74,410,853 |
97,352,156 |
30,406,136 |
18,912,670 |
|
TOTAL CURRENT LIABILITIES |
65,178,651 |
90,601,495 |
26,819,195 |
15,400,250 |
|
Trade Creditors |
13,496,979 |
21,488,605 |
2,362,759 |
3,644,230 |
|
Bank Overdraft |
46,767,714 |
68,330,519 |
24,061,143 |
10,071,135 |
|
Bills of exchange payable (short term) |
2,000,000 |
- |
- |
- |
|
Taxes |
573,343 |
184,181 |
22,833 |
376 |
|
Other Current Liabilities |
3,112 |
18,145 |
10,692 |
- |
|
Hire Purchase |
154,657 |
- |
- |
- |
|
Accruals & deferred income |
2,182,846 |
580,045 |
361,768 |
1,684,509 |
|
WORKING CAPITAL |
8,678,677 |
6,688,732 |
3,564,240 |
3,475,998 |
|
TOTAL LONG TERM LIABS |
553,568 |
3,061,867 |
1,500,000 |
1,250,000 |
|
Total Hire Purchase / Leasing |
553,568 |
- |
- |
- |
|
NET ASSETS/(LIABILITIES) |
9,232,202 |
6,750,661 |
3,586,941 |
3,512,420 |
|
SHARE CAPITAL + RESERVES |
8,678,634 |
3,688,794 |
2,086,941 |
2,262,420 |
|
Issued Share Capital |
1,346,760 |
616,227 |
568,150 |
787,012 |
|
Share Premium Accounts |
7,408,012 |
4,105,451 |
3,903,524 |
4,376,312 |
|
Reserves |
118,339 |
102,375 |
90,000 |
- |
|
Profit and Loss account |
-194,477 |
-1,135,259 |
-2,474,733 |
-2,900,904 |
|
SHAREHOLDERS FUNDS |
8,678,634 |
3,688,794 |
2,086,941 |
2,262,420 |
|
CAPITAL EMPLOYED |
9,232,202 |
6,750,661 |
3,586,941 |
3,512,420 |
|
TANGIBLE NET WORTH |
8,152,259 |
3,688,794 |
2,086,941 |
2,262,420 |
Key Credit Ratios
|
Accounts Date |
31/12/2007 |
31/12/2006 |
31/12/2005 |
31/12/2004 |
|
Current Ratio |
1.13 |
1.07 |
1.13 |
1.23 |
|
Profit Before Tax |
0.00 |
0.00 |
0.00 |
0.00 |
|
Creditors Days (D.P.O) |
14.12 |
29.74 |
8.72 |
29.71 |
|
Quick Ratio |
0.57 |
0.43 |
0.55 |
0.46 |
|
Return on Assets |
1.81 |
1.04 |
1.37 |
0.50 |
|
T.N.W/Total Assets |
0.11 |
0.04 |
0.07 |
0.12 |
|
Return on Capital |
14.49 |
15.04 |
11.66 |
2.67 |
|
Working Capital/Sales |
0.00 |
0.00 |
0.00 |
0.00 |
|
Equity Gearing |
- |
0.01 |
0.01 |
- |
|
Stock Turnover |
0.00 |
0.00 |
0.00 |
0.00 |
|
Solvency (%) |
806.31 |
2539.13 |
1356.97 |
735.95 |
Financial Summary
|
Turnover |
Turnover increased by 32% in the period. Turnover totalled
US Dollar 359,725,903,units for the period. |
|
Operating Profit |
Totalled US Dollar 5,457,501,units In the period
prior a profit of US Dollar 4,188,586 was achieved. |
|
Pre Tax |
The subject made a profit of US Dollar
1,337,484,units compared with a profit of US Dollar 1,015,077 in
the previous period. |
|
Working Capital |
The company's working capital improved in the period by
30% |
|
Tangible Net Worth |
Net worth increased by 4,463,465 during the period and now
stands at US Dollar 8,152,259,units |
|
Fixed Assets |
The subjects fixed assets reduced during the period by US
Dollar 34,779 to US Dollar 27,150,units and are now 0% of total
assets compared with 0% in the previous period |
|
Long Term Liabilities |
The company's long term liabilities reduced during the period
by 82% and are now 7% of net worth compared with 83% in the previous period |
|
Long Term Liabilities |
Long term liabilities are now 1% of total assets compared
with 3% in the previous period |
|
|
|
|
Previous Searches on this Company |
|
|
|
||
|
Last 3 Months |
Last 6 Months |
Last 12 Months |
|
0 |
1 |
1 |
|
|
||
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.37 |
|
UK Pound |
1 |
Rs.78.09 |
|
Euro |
1 |
Rs.63.41 |
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%)