|
Subject Reported on
|
IG INTERACTIVE ENTERTAINMENT LIMITED
|
|
Registration Number
|
05222227
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 71,700
|
|
Legal Form
|
Private Limited
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Registration Number
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05222227
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|
Subject Status
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Trading
|
|
Date of Incorporation
|
06/09/2004
|
|
Registered Office
|
51-53
STATION ROAD, HARROW, MIDDLESEX, HA1 2TY.
|
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History
|
15/02/2008
: Change of name from UTV COMMUNICATIONS (UK) LTD.
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Date of Last Annual Return to Registry
|
06/09/2010
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Accounts
|
The last filed accounts at Companies House are those to
31/03/2010
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|
Accounting Reference Date
|
31/03
|
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Activities
|
The Distribution and marketing of motion pictures and
the development, publishing and distribution of computer games.
|
|
Nace Code
|
9212
|
|
Staff Employed
|
3
|
|
Bankers
|
HSBC BANK PLC
|
|
Address
|
CANARY
WHARF CANADA PLACE.
|
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Sort Code
|
400244
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Auditors
|
Nagle James Associates Ltd
|
|
Subsidiaries
|
IGNITION
ENTERTAINMENT LIMITED
|
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
0
|
0
|
0
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most
recent 40 searches
|
|
Date
|
Description
|
|
11/11/2009
|
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
|
4
|
|
Number Outstanding
|
2
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
2
|
|
|
|
|
Date of Latest Mortgage Created
|
23/07/2010
|
|
Date of Latest Satisfaction
|
22/05/2010
|
Details of most recent
Mortgages, Charges and Satisfactions
|
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
06/08/2010
|
23/07/2010
|
Floating Charge
|
MG01
|
Sbicap Trustee Company Limited (The First Security
Trustee),
|
|
|
07/09/2009
|
18/08/2009
|
Floating Charge
|
395
|
Sbicap Trustees Company Limited
|
|
22/05/2010
|
23/06/2009
|
18/06/2009
|
Floating Charge
|
395
|
Yes Bank Limited (India)
|
|
22/05/2010
|
15/05/2009
|
04/05/2009
|
Floating Charge
|
395
|
Allahabad Bank (India)
|
|
It should be noted that there is no legal requirement to
file satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
|
21/10/2010
|
Companies House Gazette
|
Copy of any resolution under section 570 or 571
(dis-application of pre-emption rights)
|
|
01/12/2009
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution
or agreement required to be embodied in or annexed to copies of the
company's articles issued by
|
|
12/07/2008
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
15/09/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
29/08/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
19/05/2007
|
Companies House Gazette
|
"Resolutions which give vary
|
|
19/05/2007
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
19/05/2007
|
Companies House Gazette
|
Resolutions or agreements to which section 380 applies
(relating to shares rights or names)
|
|
07/06/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
18/05/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
24/12/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
15/10/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
08/09/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
Secretary
|
BHAVNA CHANDARANA
|
|
Service Address
|
67
WALTON AVENUE, SOUTH
HARROW, MIDDLESEX, HA2 8QY.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
13/03/1969
|
|
Appointment Date
|
06/09/2004
|
|
Director
|
HITESH CHANDARANA
|
|
Service Address
|
51-53
STATION ROAD, HARROW, MIDDLESEX, HA1 2TY.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
19/12/1959
|
|
Appointment Date
|
06/09/2004
|
|
Director
|
DEVEN KHOTE
|
|
Service Address
|
15 ASHOKA APARTMENTS, RUNGATA LANE NAPEANSEA ROAD, MUMBAI
400006.
|
|
Country of Origin
|
INDIA
|
|
Date of Birth
|
05/04/1962
|
|
Appointment Date
|
28/08/2007
|
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
10,000
|
|
Shares
|
Redeemable Preference GBP 1.00
|
|
Issued Number
|
33,348,600
|
|
Principal Shareholder
|
28,703,600 UTV Software Communications Ltd
|
|
|
4,645,000 UTV Communications (USA) LLC
|
|
|
10,000 UTV Software Communications Ltd
|
|
The above reflects the principle shareholder(s) by
number of shares held, irrespective of share classification type.
|
|
Holding Company
|
UTV Software Communications Ltd, a company incorporated
in INDIA
|
|
Ultimate Parent
|
UTV SOFTWARE COMMUNICATIONS LTD, a company incorporated
in INDIA
|
Financial Data– Statutory
Accounts
|
|
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
|
|
Consolidated
|
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
717
|
14729
|
9678
|
2006
|
|
UK
sales
|
594
|
733
|
2138
|
|
|
Export
|
123
|
13996
|
7540
|
|
|
Cost of goods sold
|
978
|
12339
|
6556
|
1228
|
|
GROSS PROFIT
|
(261)
|
2390
|
3122
|
778
|
|
Wages and Salaries
|
44
|
3475
|
1896
|
97
|
|
Directors Emoluments
|
1
|
542
|
298
|
|
|
Auditors Fees
|
12
|
45
|
48
|
12
|
|
Trading Profit
|
(431)
|
(1132)
|
1660
|
498
|
|
Depreciation
|
1
|
635
|
258
|
7
|
|
OPERATING PROFIT
|
(432)
|
(1767)
|
1402
|
491
|
|
Non Trading Income
|
(617)
|
118
|
265
|
8
|
|
Interest Payable
|
347
|
442
|
13
|
8
|
|
PRE TAX PROFIT
|
(1396)
|
(2091)
|
1654
|
491
|
|
Taxation
|
8
|
(2440)
|
(1971)
|
58
|
|
PROFIT AFTER TAX
|
(1404)
|
349
|
3625
|
433
|
|
RETAINED PROFITS
|
(1404)
|
228
|
2607
|
350
|
|
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
|
|
Consolidated
|
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
26000
|
10937
|
9932
|
5499
|
|
Tangible Assets
|
26000
|
1782
|
1035
|
211
|
|
Fixed Assets
|
|
1782
|
1035
|
211
|
|
Intermediate assets
|
26000
|
|
|
|
|
Intangible Assets
|
|
9155
|
8897
|
5288
|
|
TOTAL CURRENT ASSETS
|
9398
|
38923
|
17896
|
8862
|
|
Trade debtors
|
40
|
5877
|
5958
|
489
|
|
Stocks
|
8
|
18913
|
5918
|
1040
|
|
Other Current Assets
|
9350
|
14133
|
6020
|
7333
|
|
Misc Current Assets
|
1460
|
12079
|
4678
|
469
|
|
Due From Group
|
7769
|
583
|
|
|
|
Cash
|
121
|
1471
|
1342
|
6864
|
|
TOTAL ASSETS
|
35398
|
49860
|
27828
|
14361
|
|
TOTAL CURRENT LIABILITIES
|
3406
|
20991
|
6843
|
4037
|
|
Trade creditors
|
12
|
2597
|
809
|
928
|
|
Short Term Loans
|
3233
|
13703
|
2186
|
1037
|
|
Bank Overdraft
|
|
7750
|
407
|
501
|
|
Other Finance
|
|
219
|
128
|
25
|
|
Due To Group
|
3233
|
5734
|
1651
|
511
|
|
Other Liabilities
|
161
|
4691
|
3848
|
2072
|
|
WORKING CAPITAL
|
5992
|
17932
|
11053
|
4825
|
|
TOTAL LONG TERM LIABS
|
11580
|
3735
|
10999
|
2945
|
|
Long Term Loans
|
11580
|
527
|
8243
|
2079
|
|
Other Finance
|
|
527
|
7730
|
2079
|
|
Due To Group
|
11580
|
|
513
|
|
|
Other Liabilities
|
|
3208
|
2756
|
866
|
|
NET ASSETS/(LIABILITIES)
|
20412
|
25134
|
9986
|
7379
|
|
SHARE CAPITAL + RESERVES
|
20412
|
25134
|
9986
|
7379
|
|
Share Cap + Sundry Res
|
21779
|
21779
|
7010
|
7010
|
|
Issued Share Capital
|
21779
|
21779
|
7010
|
7010
|
|
Profit and Loss account
|
(1367)
|
3355
|
2976
|
369
|
|
SHAREHOLDERS FUNDS
|
20412
|
25134
|
9986
|
7379
|
|
CAPITAL EMPLOYED
|
31992
|
28869
|
20985
|
10324
|
|
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
|
|
Consolidated
|
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
10469
|
(27305)
|
(1399)
|
(359)
|
|
Increase in Cash
|
70
|
(7216)
|
(5428)
|
6137
|
|
Directors Remuneration
|
1
|
542
|
298
|
|
|
Auditors Remuneration
|
12
|
45
|
48
|
12
|
|
Liquid Assets
|
161
|
7348
|
7300
|
7353
|
|
Net Working Capital
|
5992
|
17932
|
11053
|
4825
|
|
Investments/Long Term Ass.
|
1
|
|
|
|
|
Long Term Debt(>12 Months)
|
11580
|
527
|
8243
|
2079
|
|
Other Deferred Liabs
|
|
3208
|
2756
|
866
|
|
Tangible Net Worth(T.N.W)
|
20412
|
15979
|
1089
|
2091
|
|
Equity
|
20412
|
25134
|
9986
|
7379
|
|
Number of Years Trading
|
6
|
5
|
4
|
3
|
|
Number of Employees
|
3
|
469
|
428
|
71
|
|
Profit per Employee
|
(465333.3)
|
(4458.4)
|
3864.5
|
6915.5
|
|
Sales per Employee
|
239000
|
31405.1
|
22612.1
|
28253.5
|
|
The following figures are
shown as Ratios or Percentages
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
31/03/2007
|
|
Consolidated
|
|
Yes
|
Yes
|
Yes
|
|
Current Ratio
|
2.8
|
1.9
|
2.6
|
2.2
|
|
Long Term Debt/T.N.W
|
0.6
|
|
7.6
|
1
|
|
Pre Tax Profit Margin%
|
(194.7)
|
(14.2)
|
17.1
|
24.5
|
|
Gross Profit%
|
(36.4)
|
16.2
|
32.3
|
38.8
|
|
Debtors Days (D.S.O)
|
20
|
146
|
225
|
89
|
|
Creditors Days (D.P.O)
|
6
|
64
|
31
|
169
|
|
Quick Ratio
|
2.8
|
1
|
1.8
|
1.9
|
|
W.I.P/Inventory Days
|
3
|
559.5
|
329.5
|
309.1
|
|
Return on Investment%
|
(3)
|
(3.9)
|
7.2
|
4.4
|
|
Return on Assets%
|
(3.9)
|
(4.2)
|
5.9
|
3.4
|
|
T.N.W/Total Assets%
|
57.7
|
32
|
3.9
|
14.6
|
|
Return on Capital%
|
(4.4)
|
(7.2)
|
7.9
|
4.8
|
|
Rtn on Shareholders Funds%
|
(6.8)
|
(8.3)
|
16.6
|
6.7
|
|
Working Capital/Sales%
|
835.7
|
121.7
|
114.2
|
240.5
|
|
Borrowing Ratio%
|
72.6
|
89.1
|
957.7
|
149
|
|
Equity Gearing%
|
136.2
|
101.7
|
56
|
105.7
|
|
Stock Turnover
|
89.6
|
0.8
|
1.6
|
1.9
|
|
Days Purchases Outstanding
|
4.5
|
76.8
|
45
|
275.8
|
|
Sales/Fixed Assets
|
|
8.3
|
9.4
|
9.5
|
|
Debt Gearing
|
56.7
|
3.3
|
756.9
|
99.4
|
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
|
|
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 95 %
and reduced by 14,012,000 to GBP 717,000.
|
|
Operating Loss
|
|
Totalled GBP 432,000. In the
year prior a Loss of GBP 1,767,000 was achieved.
|
|
Pre Tax Profit
|
|
A loss of GBP 1,396,000 was
made in the period compared with a loss of GBP 2,091,000 in the previous
period, a reduction of 33 %.
|
|
Working Capital
|
|
The company's working
capital, while remaining positive, decreased by 67 % in the period.
|
|
Net Worth
|
|
Net worth reduced by GBP
4,722,000 during the period and now stands at GBP 20,412,000.
|
|
Fixed Assets
|
|
The subject's fixed assets
increased during the year by GBP 15,063,000 to GBP 26,000,000 and are now 73
% of total assets compared with 21 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term
liabilities increased during the period by 210% and are now 57 % of net
worth compared with 15 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are
now 33 % of total liabilities compared with 7 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 36
% of capital employed, an increase of 23 % over the previous period.
|
|
