MIRA INFORM REPORT

Report Date :

20.01.2011

IDENTIFICATION DETAILS

Correct Name :	KIREI LIMITED

Registered Office :	211 Westbourne Park Road, London W11 1ea

Country :	United Kingdom

Financials (as on) :	31.03.2010

Date of Incorporation :	15.10.2007

Com. Reg. No.:	06399171

Legal Form :	Private limited with Share Capital

Line of Business :	Wholesaler of clothing & footwear

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	£3,000
Status :	Satisfactory
Payment Behaviour :	No Complaints
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 – June 30, 2010

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

United Kingdom

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

Company summary

Company Name	KIREI LIMITED	Company Number	06399171
Registered Address	211 WESTBOURNE PARK ROAD	Trading Address	107 HINDES ROAD HARROW MIDDLESEX HA1 1RU HA1 1RU
	LONDON
	W11 1EA
Website Address	-
Telephone Number	-	Fax Number
TPS	-	FPS	No
Incorporation Date	15/10/2007	Company Status	Active - Accounts Filed
Previous Name		Type	Private limited with Share Capital
		Filing Date of Accounts	09/12/2010
Date of Change	-	Share Capital	£2
Sic Code	5142	Currency	GBP
Sic Description	WHOLESALE OF CLOTHING & FOOTWEAR
Principal Activity

Credit Limit

Limit	£3,000	Previous Limit	£4,000
Contract Limit	£6,000

Commentary

No exact match CCJs are recorded against the company.
The credit limit on this company has fallen 25% in comparison to the previously suggested 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 999.9%.
A 139.3% 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 decrease in their Cash Balance of 24.4% 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 positive change in the P&L Account Reserve suggests that the company made a profit after tax and other appropriations.
The company has changed its registered address recently.
The company was established over 3 years ago.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/03/2010	-	-	£48,871	-
31/03/2009	-	-	-£1,066	-
31/03/2008	-	-	-	-

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
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

There are no exact CCJ details

Possible CCJ Details

There are no possible CCJ details

Writ Details

There are no writ details

Mortgage Summary

Outstanding	1
Satisfied	0

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	4

Current Directors

Name	Hina Moss	Date of Birth	10/08/1961
Officers Title	Ms	Nationality	British
Present Appointments	3	Function	Director
Appointment Date	15/10/2007
Address	18 Riverdale Road, , East Twickenham, TW1 2BS

Name	Lisa Friedl	Date of Birth	31/07/1965
Officers Title	Ms	Nationality	Australian
Present Appointments	3	Function	Director
Appointment Date	01/03/2009
Address	Flat 1 64 Pembridge Villas, , London, W11 3ET
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Hina Moss	Date of Birth	10/08/1961
Officers Title	Ms	Nationality	British
Present Appointments	3	Function	Company Secretary
Appointment Date	15/10/2007
Address	18 Riverdale Road, , East Twickenham, TW1 2BS
Other Actions		View Consumer Report	View Trace Report

Top 20 Shareholders

Name	Individual Share Value
LISA MICHELLE FRIEDL	1 ORDINARY GBP 1.00
HINA MOSS	1 ORDINARY GBP 1.00

Profit & Loss

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-	(%)	-
Weeks	52	(%)	52	(%)	24	(%)	-	(%)	-
Currency	GBP	(%)	GBP	(%)	GBP	(%)	-	(%)	-
Consolidated A/cs	N	(%)	N	(%)	N	(%)	-	(%)	-
Turnover	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	£1,893	-7.4%	£2,044	-	-	-	-	-	-
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	(%)	-	(%)	-
Tangible Assets	£5,240	-4.2%	£5,467	-	0	-	-	-	-
Intangible Assets	0	-	0	-	0	-	-	-	-
Total Fixed Assets	£5,240	-4.2%	£5,467	-	0	-	-	-	-
Stock	0	-	0	-	0	-	-	-	-
Trade Debtors	£329,401	301.5%	£82,050	-	0	-	-	-	-
Cash	£57,797	-24.4%	£76,491	-	0	-	-	-	-
Other Debtors	0	-	0	-	0	-	-	-	-
Miscellaneous Current Assets	0	-	0	-	0	-	-	-	-
Total Current Assets	£387,198	144.2%	£158,541	-	0	-	-	-	-
Trade Creditors	£343,567	108.1%	£165,074	-	0	-	-	-	-
Bank Loans & Overdrafts	0	-	0	-	0	-	-	-	-
Other Short Term Finance	0	-	0	-	0	-	-	-	-
Miscellaneous Current Liabilities	0	-	0	-	0	-	-	-	-
Total Current Liabilities	£343,567	108.1%	£165,074	-	0	-	-	-	-
Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	-	-	-
Other Long Term Finance	0	-	0	-	0	-	-	-	-
Total Long Term Liabilities	0	-	0	-	0	-	-	-	-

Capital & Reserves

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-	(%)	-
Called Up Share Capital	£2	-	£2	-	-	-	-	-	-
P & L Account Reserve	£48,869	999.9%	-£1,068	-	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£48,871	999.9%	-£1,066	-	-	-	-	-	-

Other Financial Items

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-	(%)	-
Net Worth	£48,871	999.9%	-£1,066	-	-	-	-	-	-
Working Capital	£43,631	767.9%	-£6,533	-	-	-	-	-	-
Total Assets	£392,438	139.3%	£164,008	-	-	-	-	-	-
Total Liabilities	£343,567	108.1%	£165,074	-	-	-	-	-	-
Net Assets	£48,871	999.9%	-£1,066	-	-	-	-	-	-

Cash Flow

Date Of Accounts	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-	(%)	-
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	(%)	-	(%)	-
Contingent Liability	NO	-	NO	-	NO	-	-	-	-
Capital Employed	£48,871	999.9%	-£1,066	-	-	-	-	-	-
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/03/10	31/03/09	31/03/08	-	-
Pre-tax profit margin %	-	-	-	-	-
Current ratio	1.13	0.96	-	-	-
Sales/Net Working Capital	-	-	-	-	-
Gearing %	0	0	0	-	-
Equity in %	12.50	-0.60	-	-	-
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	1.12	0.96	-	-	-
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	7.03	-154.85	-	-	-
Total Debt Ratio	7.03	-154.85	-	-	-
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Status History

No Status History found

Event History

Date	Description
16/12/2010	New Accounts Filed
19/11/2010	Annual Returns
11/06/2010	Change in Reg.Office
11/06/2010	Change of Company Postcode
25/12/2009	Annual Returns
26/11/2009	New Accounts Filed
21/09/2009	New Board Member Ms L. Friedl appointed
18/09/2009	Ms A.J. Balchin has left the board
04/02/2009	New Accounts Filed
16/11/2008	Annual Returns
02/10/2008	New Board Member Ms A.J. Balchin appointed
01/10/2008	Ms L.M. Friedi has left the board
25/07/2008	Change in Reg.Office
25/07/2008	Change of Company Postcode
18/10/2007	New Company Secretary ( TEMPLE SECRETARIES LIMITED) appointed

Limit History

Date	Limit
16/12/2010	£3,000
11/06/2010	£4,000
26/11/2009	£5,000
18/09/2009	-
04/02/2009	£0
12/09/2008	£1,000
05/08/2008	£2,000
18/10/2007	£0

Previous Company Names

No Previous Names found

There is no Group Structure

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.38
UK Pound	1	Rs.72.71
Euro	1	Rs.61.15

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

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.