MIRA INFORM REPORT

Report Date :

07.12.2011

IDENTIFICATION DETAILS

Name :	K-SCROLL LIMITED

Formerly Known As :	GLOBAL CPD.COM LIMITED

Registered Office :	10 Crocknamohill Road Draperstown Co Derry BT45 7LB

Country :	Ireland

Financials (as on) :	31.03.2010

Date of Incorporation :	03.11.1999

Legal Form :	Private limited with Share Capital

Line of Business :	Manufacture of Other Fabricated Metal Products

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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 – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Ireland

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

Company Name	K-SCROLL LIMITED	Company Number	NI037263
		Safe Number	UK07032160
Registered Address	10 CROCKNAMOHILL ROAD	Trading Address	10 Crocknamohill Road Draperstown Co Derry BT45 7LB
	DRAPERSTOWN
	CO DERRY
	BT45 7LB

Website Address	http://www.kscroll.com
Telephone Number	02879628688	Fax Number
TPS	No	FPS	No
Incorporation Date	03/11/1999	Company Status	Active - Accounts Filed
Previous Name	GLOBAL CPD.COM LIMITED	Type	Private limited with Share Capital
Date of Change	06/04/2001	Filing Date of Accounts	23/12/2010
		Share Capital	£100
SIC03	2875	Currency	GBP
SIC03 Description	MANUFACTURE OF OTHER FABRICATED METAL PRODUCTS
SIC07	25990
SIC07 Description	MANUFACTURE OF OTHER FABRICATED METAL PRODUCTS N.E.C.
Principal Activity	The design and manufacture of wrought iron products to include gates, railings and staircases.

DIRECTORS/MANAGEMENT

Total Current Directors	1
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	4

Current Directors

Name	Paul Kelly	Date of Birth	22/09/1967
Officers Title	Mr	Nationality	Irish
Present Appointments	1	Function	Director
Appointment Date	18/07/2001
Address	5 Shanmullagh Road, Draperstown, Co Londonderry, BT45 7BF
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Anita Conway	Date of Birth	-
Officers Title	Ms	Nationality
Present Appointments	1	Function	Company Secretary
Appointment Date	20/11/2003
Address	41 Bradlay Park, Draperstown, Magherafelt, BT45 7JP

NEGATIVE INFORMATION

CCJ

Total Number of Exact CCJs -	1	Total Value of Exact CCJs -	£535
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	0

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
01/08/2007	CIVIL PROCESSING CENTRE	£535	Judgement	06/099953	-

Possible CCJ Details

There are no possible CCJ details

Writ Details

There are no writ details

SHARE & SHARE CAPITAL INFORMATION

Top 20 Shareholders

Name	Individual Share Value
PAUL KELLY	31 ORDINARY GBP 1.00
LIAM KELLY	27 ORDINARY GBP 1.00
DERMOT KELLY	26 ORDINARY GBP 1.00
NOEL KELLY	16 ORDINARY GBP 1.00

PAYMENT INFORMATION

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade Debtors / Bad Debt -	1
Total Value of Documented Trade Debtors / Bad Debt -	£6,253

Mortgage Summary

Outstanding	0
Satisfied	0

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Structure Summary

Company Name	K-SCROLL LIMITED	Company Number	NI037263
Holding Company	-	Ownership Status
Ultimate Holding Company	-	Companies in group	-

Group structure

No group structure

FINANCIAL INFORMATION

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/03/2010	-	-	£525,496	-
31/03/2009	-	-	£526,940	-
31/03/2008	-	-	£395,067	-

Profit & Loss

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	£27,259	8.5%	£25,132	16.7%	£21,534	4.9%	£20,527	-17.3%	£24,807
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Tangible Assets	£74,722	1.5%	£73,602	2.5%	£71,822	58%	£45,451	-21.8%	£58,096
Intangible Assets	£24,738	-26.3%	£33,569	-20.8%	£42,402	-19%	£52,318	-21.4%	£66,567
Total Fixed Assets	£99,460	-7.2%	£107,171	-6.2%	£114,224	16.8%	£97,769	-21.6%	£124,663
Stock	£79,299	-14.8%	£93,074	-30.4%	£133,779	-10.4%	£149,338	19.3%	£125,197
Trade Debtors	£398,737	2.5%	£388,984	9.2%	£356,348	12.1%	£317,877	-	0
Cash	£373,517	30.1%	£287,146	0.1%	£286,807	-6.1%	£305,280	140.8%	£126,752
Other Debtors	0	-	0	-	0	-	0	-100%	£308,040
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£851,553	10.7%	£769,204	-1%	£776,934	0.6%	£772,495	37.9%	£559,989
Trade Creditors	£253,803	-9.5%	£280,305	14.4%	£245,062	6.8%	£229,436	-	0
Bank Loans & Overdrafts	£4,775	59.8%	£2,989	350.2%	£664	-	0	-100%	£50,000
Other Short Term Finance	0	-	0	-	0	-	0	-	0
Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-100%	£123,629
Total Current Liabilities	£258,578	-8.7%	£283,294	15.3%	£245,726	7.1%	£229,436	32.1%	£173,629
Bank Loans & Overdrafts and LTL	£171,714	148.4%	£69,130	-72.5%	£251,029	-45.1%	£456,929	-2.6%	£469,329
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	£166,939	152.4%	£66,141	-73.6%	£250,365	-45.2%	£456,929	9%	£419,329

Capital & Reserves

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Called Up Share Capital	£100	-	£100	-	£100	-	£100	-	£100
P & L Account Reserve	£525,396	-0.3%	£526,840	33.4%	£394,967	114.9%	£183,799	100.7%	£91,594
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£525,496	-0.3%	£526,940	33.4%	£395,067	114.8%	£183,899	100.6%	£91,694

Other Financial Items

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Net Worth	£500,758	1.5%	£493,371	39.9%	£352,665	168%	£131,581	423.7%	£25,127
Working Capital	£592,975	22%	£485,910	-8.5%	£531,208	-2.2%	£543,059	40.6%	£386,360
Total Assets	£951,013	8.5%	£876,375	-1.7%	£891,158	2.4%	£870,264	27.1%	£684,652
Total Liabilities	£425,517	21.8%	£349,435	-29.6%	£496,091	-27.7%	£686,365	15.8%	£592,958
Net Assets	£525,496	-0.3%	£526,940	33.4%	£395,067	114.8%	£183,899	100.6%	£91,694

Cash Flow

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	31/03/07	(%)	31/03/06
Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
Capital Employed	£692,435	16.8%	£593,081	-8.1%	£645,432	0.7%	£640,828	25.4%	£511,023
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors
Auditor Comments	The company is exempt from audit
Bankers	BANK OF IRELAND LIMITED
Bank Branch Code	90-49-82

Ratios

Date Of Accounts	31/03/10	31/03/09	31/03/08	31/03/07	31/03/06
Pre-tax profit margin %	-	-	-	-	-
Current ratio	3.29	2.72	3.16	3.37	3.23
Sales/Net Working Capital	-	-	-	-	-
Gearing %	32.70	13.10	63.50	248.50	511.80
Equity in %	56.70	62.50	46.50	22.50	14.80
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	2.98	2.38	2.61	2.72	2.50
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	0.49	0.53	0.62	1.24	1.89
Total Debt Ratio	0.80	0.66	1.25	3.73	6.47
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

CCJ recorded against the company.

The company's credit rating has increased from 3 to 42 which indicates it is creditworthy.

There has been no significant change in the company's credit limit.

There is insufficient data to indicate a change in this companies percentage of sales.

In the previous 12 month trading period Net Worth increased by 1.5%.

A 8.5% growth in Total Assets occurred in the previous 12 month trading period.

There is insufficient data to indicate a change in this companies pre-tax profit.

The company saw an increase in their Cash Balance of 30.1% in the previous 12 month trading period.

The company is exempt from audit.

No recent changes in directorship are recorded.

The company is not part of a group.

The negative change in the P&L Account Reserve suggests that the company made a loss after tax and other appropriations.

The company was established over 12 years ago.

Status History

No Status History found

*Event History

Date	Description
02/12/2011	Annual Returns
04/02/2011	Annual Returns
20/01/2011	Annual Returns
08/01/2011	New Accounts Filed
05/05/2010	Annual Returns
23/02/2010	New Accounts Filed
09/10/2009	New Company Secretary Ms A. Conway appointed
09/10/2009	New Board Member Mr P. Kelly appointed
06/02/2009	New Accounts Filed
26/03/2008	CCJ RECORD (JUDGEMENT)
20/02/2008	New Accounts Filed
07/02/2007	New Accounts Filed
23/02/2006	New Accounts Filed
11/02/2005	New Accounts Filed
20/01/2005	New Board Member (ANITA CONWAY) appointed

Previous Company Names

Date	Previous Name	Companies House Documents
06/04/2001	GLOBAL CPD.COM LIMITED	View Document

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.39
UK Pound	1	Rs.80.20
Euro	1	Rs.68.92

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.