MIRA INFORM REPORT

 

 

 

Report Date :

17.09.2008

 

IDENTIFICATION DETAILS

 

Name :

CONEXO LIMITED                                         

 

 

Registered Office :

Partridge & Co, The Old Malt House,  The Green Clipston,  Leicestershire Le16 9rp

 

 

Country :

United Kingdom

 

 

Financials (as on) :

30.09.2007

 

 

Date of Incorporation :

12.09.2001

 

 

Legal Form :

Private Limited With Share Capital

 

 

Line of Business :

Business and Management Consultancy Activities

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 


 

Name of the company

 

CONEXO LIMITED                                         

Number        04286164                                     

 

 

company summary

 

Address                        PARTRIDGE & CO,
THE OLD MALT HOUSE,
THE GREEN CLIPSTON,
LEICESTERSHIRE LE16 9RP

Postcode                      LE16 9RP

Phone

Type                             Private limited with Share Capital

 Company Status           Non trading 

 

Incorporated Date           12/09/2001

 

Active CCJ's                  0

Value of CCJ's [£]          £0

Number Of Writs            0

 

 

Current Directors            3

Total Directorships         5

Trading to Date              30/09/07            30/09/06            30/09/05

Turnover                        -                       -                       £139,853

Shareholder Funds         -                       -                       £-146,643

Employees                    -                       -                       -

 

Trends

Profitability

Liquidity

Shareholders Funds

 

 

company information

 

Registered Address

Telephone Number

TPS

Address

 PARTRIDGE & CO
THE OLD MALT HOUSE
THE GREEN CLIPSTON
LEICESTERSHIRE LE16 9RP

 

Trading Address

 Telephone Number

TPS

Address

Partridge & Co
The Old Malt House
The Green Clipston
Market Harborough
LE16 9RP

 

 

 

Web Address

Incorporation Date          12/09/2001

Type of Accounts           Total Exemption Full

Filing Date of Accounts  31/07/2008

Company Type              Private Limited With Share Capital

Date of Latest Accounts 30/09/2007

Annual Return                12/09/2006

 

Industry:

 The Company Did Not Trade During Y/e 30.09.07.

 

SIC Code                     Description

 7414                            Business & Management Consultancy Activities

 

 

Mortgage Charges

Outstanding                   0          Satisfied                        0

 

Shareholders

 Share Capital    1          Currency           Gbp

 

 

Secondary Industry Code Details

 

 

 SIC Code        Description

 7414                Business & Management Consultancy Activities

 7499                Non-trading Or Ceased To Trade

 74990              Non-trading Or Ceased To Trade

 

 

 

 

 

Shareholders Details

 

 

 Name                                      Shares

 Mr Paul Greenhalgh                  1 Ord £1


 

 

Trading Address Details

 

Address

Telephone Number

TCPS

 Partridge & Co The Old Malt House The Green Clipston Market Harborough LE16 9RP

 

 accounts

 

 

PROFIT & LOSS

 

Annual Accounts

10/06-09/07

Change (%)

10/05-09/06

Change (%)

10/04-09/05

 

Months

12

-

12

-

12

 

Currency

GBP

-

GBP

-

GBP

 

Consolidated A/cs

N

-

N

-

N

 

Turnover

-

-

-

-

139,853

 

Export

-

-

-

-

-

 

Cost of Sales

-

-

-

-

273,032

 

Gross Profit

-

-

-

-

-133,179

 

Wages & Salaries

-

-

-

-

-

 

Directors Emoluments

-

-

-

-

-

 

Operating Profits

-

-

-

-

-146,743

 

Depreciation

-

-

-

-

-

 

Audit Fees

-

-

-

-

-

 

Interest Payments

-

-

-

-

-

 

Pre Tax Profit

-

-

-

-

-146,743

 

Taxation

-

-

-

-

-

 

Profit After Tax

-

-

-

-

-146,743

 

Dividends Payable

-

-

-

-

-

 

Retained Profits

-

-

-

-

-146,743

 

BALANCE SHEET

 

Annual Accounts

10/06-09/07

Change (%)

10/05-09/06

Change (%)

10/04-09/05

 

Tangible Assets

-

-

-

-

-

 

Intangible Assets

-

-

-

-

-

 

Total Fix Assets

-

-

-

-

-

 

Total Current Assets

-

-

-

-100.0 %

57

 

Trade Debtors

-

-

-

-

-

 

Stock

-

-

-

-

-

 

Cash

-

-

-

-100.0 %

57

 

Other Current Assets

-

-

-

-

-

 

Increase In Cash

-

100.0 %

-57

-200.0 %

57

 

Miscellaneous Current Assets

-

-

-

-

-

 

Total Assets

-

 

-

-100.0 %

57

 

Total Current Liabilities

-

-

-

-100.0 %

146,700

 

Trade Creditors

-

-

-

-

-

 

Bank Overdraft

-

-

-

-

-

 

Other Short Term Fin

-

-

-

-100.0 %

25,959

 

Miscellaneous Current Liabilities

-

-

-

-100.0 %

120,741

 

Other Long Term Fin

-

-

-

-

-

 

Total Long Term Liabilities

-

-

-

-

-

 

Bank Overdraft & LTL

-

-

-

-

-

 

Total Liabilities

-

-

-

-100.0 %

146,700

 

Net Assets

-

-

-

100.0 %

-146,643

 

Working Capital

-

-

-

100.0 %

-146,643

 

CAPITALS & RESERVES

 

Annual Accounts

10/06-09/07

Change (%)

10/05-09/06

Change (%)

10/04-09/05

 

Paid up equity

-

-

-

-100.0 %

100

 

P&L Account Reserve

-

-

-

100.0 %

-146,743

 

Sundry Reserves

-

-

-

-

-

 

Revaluation Reserve

-

-

-

-

-

 

Shareholder Funds

-

-

-

100.0 %

-146,643

 

Net Worth

-

-

-

100.0 %

-146,643

 

MISCELLANEOUS

 

Annual Accounts

10/06-09/07

Change (%)

10/05-09/06

Change (%)

10/04-09/05

 

Net Cashflow from Operations

-

-

-

-

-

 

Net Cashflow before Financing

-

-

-

-

-

 

Net Cashflow from Financing

-

-

-

-

-

 

Contingent Liability

NO

-

NO

-

NO

 

Capital Employed

-

-

-

-100.0 %

146,643

 

No of Employees

-

-

-

-

-

     

Auditors

 

 

AuditQualification

No Adverse Comments

 

Bankers

 

 

BankBranchCode

 

 

RATIOS

 

Annual Accounts

10/06-09/07

10/05-09/06

10/04-09/05

 

Pre-tax profit margin %

-

-

-104.9 %

 

Current ratio

-

-

0.00

 

Sales/Net Working Capital

-

-

-0.95

 

Gearing %

-

-

0.0 %

 

Equity in %

-

-

-257,268.4 %

 

Creditor Days

-

-

0.00

 

Debtor Days

-

-

0.00

 

Liquidity/Acid Test

-

-

0.00

 

Return On Capital Employed %

-

-

-100.1 %

 

Return On Total Assets Employed %

-

-

-257,443.9 %

 

Current Debt Ratio %

-

-

-1.0 %

 

Total Debt Ratio %

-

-

-1.0 %

 

Stock Turnover Ratio %

-

-

0.0 %

 

Return on Net Assets Employed %

-

-

100.1 %

 

 

 Credit Limit Explanation                                                                                                           

The Recommended Credit Limit is calculated using a formula that analyses information from a company's financial accounts and payment record.
The advised amount can be defined as the maximum amount that could be advanced in any one calendar month, assuming standard payment terms of 30 days beyond the month of invoice. Therefore the same maximum amount could be advanced in the next calendar month.                                                                                                                    

 

 

   Date                                                                  Description

   07/08/2007                                                         Non trading

   10/08/2006                                                         Caution - Credit at your discretion

   03/08/2006                                                         Good Credit Worthiness

   22/07/2003                                                         Dormant Company

   13/06/2003                                                         Company's age is less than 18 months

 

 

 

group structure

 

No group structure for this company.

 

 

 

Status History

 

 

Date                                  Description

No Status History

 

 

 

Event History

 

 

Date                                Description

10/08/2008                       New Accounts Filed

07/08/2007                       New Accounts Filed

09/08/2006                       New Accounts Filed

01/08/2005                       New Accounts Filed

19/10/2004                       Annual Returns

05/07/2004                       New Accounts Filed

22/06/2004                       Change In Reg.office

22/06/2004                       Change Of Company Postcode

22/06/2004                       Annual Returns

 

 

 

 

 

 

directors

 

                                     Name                                  Salma Bibi Greenhalgh  

                                     Address                               9 Hunsbury Close  

                                                West Hunsbury

                                                Northampton

                                                NN4 9DE

                                     Officers Title                                                           Date Of Birth        20/03/1964

                                     Honours                                                                  Present Appointments      2

                                     Appointment Date               21/09/2001                    Function   Company Secretary

                                                                                                                        

 

 

 

                                     Name                                  Salma Bibi Greenhalgh  

                                     Address                               9 Hunsbury Close  

                                                West Hunsbury

                                                Northampton

                                                NN4 9DE

                                     Officers Title                                                           Date Of Birth        20/03/1964

                                     Honours                                                                  Present Appointments      2

                                     Appointment Date               06/12/2001                    Function   Director

                                                                                                                        

 

 

 

                                     Name                                  Paul Graham Greenhalgh           

                                     Address                               9 Hunsbury Close  

                                                Northampton

                                                Northamptonshire

                                                NN4 9UE

                                     Officers Title                       Mr                                Date Of Birth        23/06/1949

                                     Honours                                                                  Present Appointments      3

                                     Appointment Date               21/09/2001                    Function   Director

                                                                                                                        

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.34

UK Pound

1

Rs.82.96

Euro

1

Rs.65.82

 

 

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