Company Identification Details
|
Subject Reported on
|
EROS INTERNATIONAL LIMITED
|
|
Registration Number
|
02382637
|
|
VAT Number
|
GB884259384
|
|
Address
|
UNIT 23 SOVEREIGN PARK, CORONATION
ROAD, LONDON, NW10 7QP.
|
|
Telephone
|
020 8963 8700
|
|
Facsimile
|
020 8963 0154
|
|
Email
|
uk-business@erosintl.co.uk
|
|
Web Address
|
www.erosentertainment.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 200,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
02382637
|
|
VAT Number
|
GB884259384
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
11/05/1989
|
|
Registered Office
|
MILNER HOUSE, 13
MANCHESTER SQUARE, LONDON, W1U 3PP.
|
|
History
|
23/11/2009 : The
Registered Office address changed from UNIT 23 SOVEREIGN PARK,
CORONATION ROAD,
PARK.
|
|
|
5/01/2005 : Change
of name from EROS MULTIMEDIA (EUROPE) LIMITED.
|
|
|
5/06/2003 : The
Registered Office address changed from 63 STANLEY ROAD, SOUTH HARROW, MIDDLESEX, HA2.
|
|
|
19/05/2001 : The
Registered Office address changed from 268 UXBRIDGE ROAD, HATCH END, PINNER,
MIDDLES.
|
|
|
17/08/2000 : Change
of name from MELODY INTERNATIONAL LIMITED.
|
|
|
22/06/1989 : Change
of name from WISEORB LIMITED.
|
|
Date of Last Annual Return to Registry
|
11/05/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/03/2010
|
|
Accounting Reference Date
|
31/03
|
Operations
|
Activities
|
The distribution of theatrical and related film rights and the
distribution of films on video and DVD.
|
|
Nace Code
|
9212
|
|
Staff Employed
|
23
|
|
Import Countries
|
INDIA
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
192 NORTHOLT
ROAD, SOUTH HARROW, MIDDLESEX, HA2 0EW.
|
|
Auditors
|
Grant Thornton UK
LLP
|
|
Associated Companies
|
EROS VIDEO
(ELECTRONICS) LIMITED
|
|
Subsidiaries
|
EROS MUSIC
PUBLISHING LIMITED
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
1
|
2
|
2
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
31/03/2011
|
Other credit granting
|
|
21/12/2010
|
Other retail sale in specialised stores
|
|
23/02/2010
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
11
|
|
Number Outstanding
|
7
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
4
|
|
|
|
|
Date of Latest Mortgage Created
|
27/07/2010
|
|
Date of Latest Satisfaction
|
30/03/2006
|
Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
30/07/2010
|
27/07/2010
|
Deed Of Charge Of Deposit
|
MG01
|
Bank Of India
|
|
|
29/07/2009
|
08/07/2009
|
Deed Of Charge On Credit Balances
|
395
|
Bank Of India
|
|
|
17/05/2003
|
07/05/2003
|
Legal Charge
|
395
|
Bank Of India
|
|
|
17/05/2003
|
07/05/2003
|
Legal Charge
|
395
|
Bank Of India
|
|
|
17/05/2003
|
07/05/2003
|
Debenture
|
395
|
Bank Of India
|
|
30/03/2006
|
04/04/2002
|
27/03/2002
|
Debenture
|
395
|
Barclays Bank Plc
|
|
|
04/04/2001
|
26/03/2001
|
Debenture
|
395
|
Bank Of India
|
|
|
20/10/1999
|
12/10/1999
|
Deed Of Charge On Deposits
|
395
|
Bank Of India
|
|
30/03/2006
|
12/06/1999
|
26/05/1999
|
Collateral Agreement
|
395
|
Citibank N.A.
|
|
30/03/2006
|
23/10/1996
|
15/10/1996
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
09/02/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
25/02/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
20/12/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
13/03/2007
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
04/05/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
04/02/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
07/06/2000
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
23/03/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
02/03/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
21/06/1989
|
Companies House Gazette
|
Change among directors of a company
|
|
15/06/1989
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
Company Secretary
|
Secretary
|
MR AJAY MAVINKURVE
|
|
Service Address
|
MILNER HOUSE 13
MANCHESTER SQUARE, LONDON, W1U 3PP.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Appointment Date
|
31/01/2011
|
Directors
|
Director
|
CHARLES EDWARD HAMBRO
|
|
Service Address
|
FLAT 11, 31 QUEENS GATE TERRACE, LONDON, SW7 5PR.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
20/11/1959
|
|
Appointment Date
|
20/01/2009
|
|
Other Directorships
|
FIRECREST CAPITAL LIMITED, FIRECREST WEALTH MANAGEMENT LIMITED
|
|
Director
|
ANDREW HEFFERNAN
|
|
Service Address
|
22 WESTBERE
ROAD, LONDON, NW2 3SR.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
07/09/1966
|
|
Appointment Date
|
02/05/2006
|
|
Other Directorships
|
EROS NETWORK LIMITED, AYNGARAN INTERNATIONAL (UK)
LTD, EROS MUSIC PUBLISHING LIMITED, ILLUMINATI FILMS
LIMITED, VIJAY GALANI MOVIEZ LIMITED, NADIADWALA GRANDSON
ENTERTAINMENT LIMITED, AGENT VINOD PRODUCTIONS LIMITED
|
|
Director
|
KISHORE KUMAR LULLA
|
|
Service Address
|
HIGHCROFT, 16 TOTTERIDGE COMMON, LONDON, N20.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
04/09/1961
|
|
Appointment Date
|
11/05/1991
|
|
Other Directorships
|
EROS NETWORK LIMITED, EROS ENERGY LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
3,813,795
|
|
Principal Shareholder
|
3,813,795 Eros Network Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
EROS NETWORK LIMITED
|
|
Ultimate Parent
|
EROS INTERNATIONAL PLC, a company incorporated in ISLE OF MAN
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
31/03/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
SALES
|
47222
|
55819
|
43383
|
36545
|
|
Cost of goods sold
|
41147
|
50092
|
35214
|
31303
|
|
GROSS PROFIT
|
6075
|
5727
|
8169
|
5242
|
|
Wages and Salaries
|
3083
|
3045
|
4339
|
1939
|
|
Directors Emoluments
|
1712
|
1266
|
2568
|
1190
|
|
Auditors Fees
|
38
|
20
|
63
|
30
|
|
Non-Audit Fees
|
|
|
29
|
12
|
|
Trading Profit
|
1727
|
1448
|
2087
|
1335
|
|
Depreciation
|
92
|
91
|
83
|
78
|
|
OPERATING PROFIT
|
1635
|
1357
|
2004
|
1257
|
|
Non Trading Income
|
358
|
1
|
6
|
93
|
|
Interest Payable
|
226
|
504
|
1559
|
936
|
|
PRE TAX PROFIT
|
1767
|
854
|
451
|
414
|
|
Taxation
|
538
|
240
|
97
|
225
|
|
PROFIT AFTER TAX
|
1229
|
614
|
354
|
189
|
|
Dividends Payable
|
1100
|
350
|
400
|
600
|
|
RETAINED PROFITS
|
129
|
264
|
(46)
|
(411)
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
31/03/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
TOTAL FIXED ASSETS
|
4545
|
4580
|
3568
|
3511
|
|
Tangible Assets
|
3991
|
3817
|
3568
|
3511
|
|
Fixed Assets
|
2347
|
2174
|
1925
|
1868
|
|
Intermediate assets
|
1644
|
1643
|
1643
|
1643
|
|
Intangible Assets
|
554
|
763
|
|
|
|
TOTAL CURRENT ASSETS
|
92189
|
69391
|
58351
|
41331
|
|
Trade debtors
|
16809
|
20737
|
9429
|
18326
|
|
Stocks
|
144
|
200
|
564
|
586
|
|
Other Current Assets
|
75236
|
48454
|
48358
|
22419
|
|
Misc Current Assets
|
32801
|
20540
|
27075
|
13599
|
|
Due From Group
|
1686
|
2374
|
20824
|
4983
|
|
Cash
|
40749
|
25540
|
459
|
3837
|
|
TOTAL ASSETS
|
96734
|
73971
|
61919
|
44842
|
|
TOTAL CURRENT LIABILITIES
|
87729
|
65095
|
53607
|
36483
|
|
Trade creditors
|
717
|
637
|
700
|
616
|
|
Short Term Loans
|
85885
|
63100
|
51995
|
34876
|
|
Bank Overdraft
|
3934
|
199
|
16314
|
26521
|
|
Due To Group
|
81951
|
62901
|
35679
|
8345
|
|
Due To Directors
|
|
|
2
|
10
|
|
Other Liabilities
|
1127
|
1358
|
912
|
991
|
|
WORKING CAPITAL
|
4460
|
4296
|
4744
|
4848
|
|
NET ASSETS/(LIABILITIES)
|
9005
|
8876
|
8312
|
8359
|
|
SHARE CAPITAL + RESERVES
|
9005
|
8876
|
8312
|
8359
|
|
Share Cap + Sundry Res
|
6636
|
6636
|
6636
|
6636
|
|
Issued Share Capital
|
6636
|
6636
|
6636
|
6636
|
|
Revaluation Reserves
|
1147
|
1147
|
847
|
847
|
|
Profit and Loss account
|
1222
|
1093
|
829
|
876
|
|
SHAREHOLDERS FUNDS
|
9005
|
8876
|
8312
|
8359
|
|
CAPITAL EMPLOYED
|
9005
|
8876
|
8312
|
8359
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
31/03/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
Directors Remuneration
|
1712
|
1266
|
2568
|
1190
|
|
Auditors Remuneration
|
38
|
20
|
63
|
30
|
|
Liquid Assets
|
57558
|
46277
|
9888
|
22163
|
|
Net Working Capital
|
4460
|
4296
|
4744
|
4848
|
|
Tangible Net Worth(T.N.W)
|
8451
|
8113
|
8312
|
8359
|
|
Equity
|
9005
|
8876
|
8312
|
8359
|
|
Number of Years Trading
|
21
|
20
|
19
|
18
|
|
Number of Employees
|
23
|
26
|
23
|
21
|
|
Profit per Employee
|
76826.1
|
32846.2
|
19608.7
|
19714.3
|
|
Sales per Employee
|
2053130.4
|
2146884.6
|
1886217.4
|
1740238.1
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
31/03/2007
|
|
Current Ratio
|
1.1
|
1.1
|
1.1
|
1.1
|
|
Pre Tax Profit Margin%
|
3.7
|
1.5
|
1
|
1.1
|
|
Gross Profit%
|
12.9
|
10.3
|
18.8
|
14.3
|
|
Debtors Days (D.S.O)
|
130
|
136
|
79
|
183
|
|
Creditors Days (D.P.O)
|
6
|
4
|
6
|
6
|
|
Quick Ratio
|
1
|
1.1
|
1.1
|
1.1
|
|
W.I.P/Inventory Days
|
1.3
|
1.5
|
5.8
|
6.8
|
|
Return on Investment%
|
2.1
|
1.9
|
3.3
|
3.1
|
|
Return on Assets%
|
1.8
|
1.2
|
0.7
|
0.9
|
|
T.N.W/Total Assets%
|
8.7
|
11
|
13.4
|
18.6
|
|
Return on Capital%
|
19.6
|
9.6
|
5.4
|
5
|
|
Rtn on Shareholders Funds%
|
19.6
|
9.6
|
5.4
|
5
|
|
Working Capital/Sales%
|
9.4
|
7.7
|
10.9
|
13.3
|
|
Borrowing Ratio%
|
1016.3
|
777.8
|
625.5
|
417.2
|
|
Equity Gearing%
|
10.3
|
13.6
|
15.5
|
22.9
|
|
Stock Turnover
|
327.9
|
279.1
|
76.9
|
62.4
|
|
Days Purchases Outstanding
|
6.4
|
4.6
|
7.3
|
7.2
|
|
Sales/Fixed Assets
|
20.1
|
25.7
|
22.5
|
19.6
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
4332
|
6710
|
6605
|
6273
|
|
Pre-Tax Profit Margin
|
10.5
|
|
0.6
|
(3.9)
|
|
Current Ratio
|
1.4
|
1.3
|
1.3
|
1.4
|
|
Borrowing Ratio
|
57.8
|
20
|
33.3
|
(6.8)
|
|
Return on Capital
|
47.4
|
39.7
|
49.4
|
60.6
|
|
Creditors Days
|
632
|
284
|
303
|
847
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Motion picture and video activities
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 31/03/2010.
|
|
Turnover
|
|
Turnover decreased by more than 10 % in
the year and totalled USD 47,222,000 for the period.
|
|
Operating Profit
|
|
Totalled USD 1,635,000. In the year
prior a Profit of USD 1,357,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit increased by 106 %
in the year.
|
|
Working Capital
|
|
The subject's working capital has
improved by 164,000 in the period.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by USD 35,000 to USD 4,545,000 and are now 4 % of total
assets compared with 6 % in the previous year.
|
|
