MIRA INFORM REPORT

 

 

Report Date :

04.08.2011

 

IDENTIFICATION DETAILS

 

Name :

RELIANCE INFRA PROJECTS (UK) LTD.

 

 

Registered Office :

1 Berkley Street London , W1J 8DJ

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.03.2010

 

 

Date of Incorporation :

12.05.2008

 

 

Com. Reg. No.:

06589893

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Other Professional, Scientific and Technical Services Not Elsewhere Classified

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

United Kingdom

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

Reliance Infra Projects (Uk) Ltd.

                                                                                                                                                        

 

1 Berkley Street

 

 

London , W1J 8DJ

United Kingdom

 

 

 

 

Employees:

NA

Company Type:

Private Independent

 

 

Quoted Status:

Non-quoted Company

Incorporation Date:

12-May-2008

Auditor:

Nagle James Associates Ltd

Financials in:

USD (mil)

 

 

Fiscal Year End:

31-Mar-2010

Reporting Currency:

British Pound Sterling

Annual Sales:

NA

Total Assets:

131.5

 

Business Description

                                

 

Other Business Activities

 

Industry      

 

 

Industry

Business Services

ANZSIC 2006:

6999 - Other Professional, Scientific and Technical Services Not Elsewhere Classified

NACE 2002:

7487 - Other business activities not elsewhere classified

NAICS 2002:

5619 - Other Support Services

UK SIC 2003:

7487 - Other business activities not elsewhere classified

US SIC 1987:

7389 - Business Services, Not Elsewhere Classified

 

Key Executives

                         

 

Name

Title

Anil Mahabir Prasad Gadodia

Director

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6277937

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6592392


 

 

 

 

Corporate Overview

 

Location
1 Berkley Street
London , W1J 8DJ
London County
United Kingdom

 

 

 

Suggest Company URL

 

Sales GBP(mil):

NA

Assets GBP(mil):

86.7

Employees:

NA

Fiscal Year End:

31-Mar-2010

 

Industry:

Business Services

Incorporation Date:

12-May-2008

Company Type:

Private Independent

Quoted Status:

Not Quoted

Registered No.(UK):

06589893

 

Director:

Anil Mahabir Prasad Gadodia

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

Industry Codes

 

ANZSIC 2006 Codes:

6999

-

Other Professional, Scientific and Technical Services Not Elsewhere Classified

 

NACE 2002 Codes:

7487

-

Other business activities not elsewhere classified

 

NAICS 2002 Codes:

5619

-

Other Support Services

 

US SIC 1987:

7389

-

Business Services, Not Elsewhere Classified

 

UK SIC 2003:

7487

-

Other business activities not elsewhere classified

 

 

Business Description

 

Other Business Activities

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

GBP(mil)

 

Assets:

86.7

Current Assets:

86.7

 

Long Term Debt:

0.0

 

Issued Capital:

0.1

 

Working Capital:

66.5

 

Net Worth:

0.0

 

 

 

Date of Financial Data:

31-Mar-2010

 

1 Year Growth

NA

 

 

Key Corporate Relationships

Auditor:

Nagle James Associates Ltd

 

Auditor:

Nagle James Associates Ltd

 

 

 

GBP(mil)

Audit Fees:

0.0

Audit Fiscal Year:

03-31-2010

 

 

 

 

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Anil Mahabir Prasad Gadodia

 

Director

Director/Board Member




Directors and Shareholders Report

Annual Return Date: 12 May 2011

Total Issued Capital (GBP 000): 100

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Anil Mahabir Prasad
Gadodia

Current

21 Dec 1962

1 Berkeley Street,
London , London W1J 8DJ

16 Nov 2009

NA

Current:1
Previous:0
Disqualifications:0

 

Pramod
Satam

Previous

16 May 1971

57 Longley Avenue,
Wembley, Middlesex HA0 1NG

12 May 2008

16 Nov 2009

Current:0
Previous:2
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

There are no corporate directors for this company.

 

 

 

 

 

Individual Secretaries

 

 

There are no individual secretaries for this company.

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

 

There are no corporate secretaries for this company.

 

 

Individual Shareholders

 

Name

Share Details
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Reliance Infra Projects International Ltd

99999 Ordinary GBP 1.00

Ordinary

99,999

1.00

99,999.00

100.00

Reliance Infra Projects International Ltd

1 Ordinary GBP 1.00

Ordinary

1

1.00

1.00

<0.01

 

 

 

 

 

 

 

 

Corporate Shareholders

 

There are no corporate shareholders for this company.

 

 

 

Annual Profit & Loss

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.627794

0.592803

Consolidated

No

No

 

 

 

Audit Fees

0.0

0.0

 

 

 

 

 

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

  Financial Glossary

 

 

 

31-Mar-2010

31-Mar-2009

Filed Currency

GBP

GBP

Exchange Rate

0.659239

0.697666

Consolidated

No

No

 

 

 

Trade Debtors

124.2

0.1

Cash and Equivalents

7.3

0.1

Other Current Assets

0.0

0.0

Total Current Assets

131.5

0.1

Total Assets

131.5

0.1

Trade Creditors

30.7

0.0

Bank Overdraft

0.0

0.0

Bank Loan Overdrafts

0.0

0.0

Total Short Term Loans

0.0

0.0

Other Current Liabilities

0.0

0.0

Total Current Liabilities

0.0

0.0

Working Capital

100.8

0.1

Total Long Term Loans

0.0

0.0

Other Long Term Liabilities

100.8

0.1

Total Long Term Liabilities

100.8

0.1

Issued Capital

0.2

-

Retained Earnings

0.0

0.0

Total Reserve

0.0

0.0

Total Shareholders Funds

0.0

0.0

Net Worth

0.0

0.0

 

 

 

 

 

 

 

 

 

Annual Cash Flows

Financials in: USD (mil)

 

  Financial Glossary

 

 

 

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.627794

0.592803

Consolidated

No

No

 

 

 

Paid Up Equity

0.0

0.0

 

 

 

Annual Ratios

 

 

 

 

 

 

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

Filed Currency

-

-

Exchange Rate

-

-

Consolidated

No

No

 

 

 

Current Ratio

4.29

2.75

Solvency Ratio

0.01%

4.84%

Current Debt Ratio

2,255.27

7.53

Long Term Debt Ratio

1.00

0.92

Total Debt Ratio

9,671.79

19.68

Debt Asset Ratio

23.32%

36.39%

Working Finance

130.42%

170.16%

Shareholder Liquidity

0.00

0.08

Financial Strength Ratio

7,420.81

14.90

Reserve Movement

101.71%

-

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.72.20

Euro

1

Rs.62.87

 

 

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

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

--

NB

                                       New Business

 

--

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.