Company Identification Details
|
Subject Reported on
|
JAIN (EUROPE) LIMITED
|
|
Registration Number
|
03215190
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VAT Number
|
GB683962388
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Address
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23 KING STREET, TWICKENHAM, MIDDLESEX, TW1 3SD.
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Telephone
|
02088928888
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|
Facsimile
|
02088928988
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Creditline Recommendations
|
Monthly Credit Guide
|
GBP 1,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
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Registration Number
|
03215190
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|
VAT Number
|
GB683962388
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Subject Status
|
Trading
|
|
Date of Incorporation
|
21/06/1996
|
|
Registered Office
|
GROVE HOUSE 3RD FLOOR, 551 LONDON ROAD, ISLEWORTH, MIDDLESEX, TW7
4DS.
|
|
History
|
30/03/2007 : The
Registered Office address changed from 23 KING STREET, TWICKENHAM, MIDDLESEX,
TW1 3.
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|
|
3/10/2005 : Change
of name from EX-CEL PLASTIC DISTRIBUTION LIMITED.
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|
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13/10/1999 : The
Registered Office address changed from 1 SOUTH STREET, CHICHESTER, WEST
SUSSEX, PO19.
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30/08/1997 : The Registered
Office address changed from 11 CATHERINE PLACE, LONDON, SW1E 6DX, SW1E 6D.
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13/01/1997 : Change
of name from JAIN IRRIGATION (EUROPE) LIMITED.
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|
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30/07/1996 : Change
of name from NOVELENGAGE LIMITED.
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29/07/1996 : The
Registered Office address changed from 1 MITCHELL LANE, BRISTOL, BS1 6BU.
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Date of Last Annual Return to Registry
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21/06/2011
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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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Operations
|
Activities
|
Importers The import and distribution of plastic sheeting, food
purees and essences, and other food products.
|
|
Premises
|
Leased,Warehouse,Offices
|
|
Staff Employed
|
11
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
ST ALBANS.
|
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Sort Code
|
207409
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|
Auditors
|
Spofforths LLP
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
0
|
0
|
1
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|
Search History Details
|
|
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|
The Search History Details shows details of the most recent 40
searches
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Date
|
Description
|
|
26/11/2010
|
Miscellaneous
|
|
03/03/2010
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
Period
|
Last 72 Months
|
|
Amount Summary
|
598
|
|
Count Summary
|
1
|
|
Unsettled Amount Summary
|
598
|
|
Highest Amount Summary
|
598
|
|
Details of the most recent CCJ's/Scottish Decrees
|
|
Date
|
Amount
|
Type
|
Case No
|
Satisfied
|
Court
|
|
06/11/2007
|
598
|
Judgment
|
7BO03826
|
|
BOW
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
8
|
|
Number Outstanding
|
2
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
6
|
|
|
|
|
Date of Latest Mortgage Created
|
12/06/2006
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Date of Latest Satisfaction
|
01/10/2010
|
Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
14/06/2006
|
12/06/2006
|
Rent Deposit Deed
|
395
|
London And County (Isleworth) Limited
|
|
01/10/2010
|
05/11/2004
|
29/10/2004
|
Composite All Assets Guarantee And Debenture
|
395
|
Ge Commercial Finance Limited (Security Holder)
|
|
|
27/09/2002
|
26/09/2002
|
Debenture
|
395
|
Ups Capital Uk Ltd
|
|
12/05/2005
|
06/01/2000
|
17/12/1999
|
Rent Deposit Deed
|
395
|
Medic International Limited
|
|
12/05/2005
|
02/12/1999
|
23/11/1999
|
Deed Of Assignment Of Receivables
|
395
|
Meespierson N.V.
|
|
18/09/2002
|
12/11/1999
|
28/10/1999
|
Debenture
|
395
|
Mees Pierson N.V.
|
|
06/11/1999
|
28/01/1998
|
21/01/1998
|
Debenture
|
395
|
Barclays Bank Plc
|
|
12/06/1999
|
17/11/1997
|
03/11/1997
|
Deed Of Guarantee And Debenture
|
395
|
Crosstrans N.V.
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
03/05/2007
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
12/12/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
26/11/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
16/07/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
27/03/2003
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
27/03/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
27/01/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
30/08/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
13/02/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
29/07/1996
|
Companies House Gazette
|
Change among directors of a company
|
|
25/07/1996
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
Company Secretary
|
Secretary
|
JITENDRA SHAH
|
|
Service Address
|
551 LONDON ROAD, ISLEWORTH, MIDDLESEX, TW7 4DS.
|
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Country of Origin
|
UNITED KINGDOM
|
|
Appointment Date
|
12/03/2010
|
Directors
|
Director
|
AYUL JAIN
|
|
Service Address
|
GROVE HOUSE 3RD FLOOR, 551 LONDON ROAD, ISLEWORTH, MIDDLESEX, TW7
4DS.
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Country of Origin
|
INDIA
|
|
Date of Birth
|
06/01/1969
|
|
Appointment Date
|
02/09/2005
|
|
Director
|
ANIL BHAVARLAL JAIN
|
|
Service Address
|
GROVE HOUSE 3RD FLOOR, 551 LONDON ROAD, ISLEWORTH, MIDDLESEX, TW7
4DS.
|
|
Country of Origin
|
INDIA
|
|
Date of Birth
|
10/03/1965
|
|
Appointment Date
|
06/01/1997
|
|
Other Directorships
|
SLEAFORD QUALITY FOODS LIMITED, ARNOLDS QUICK DRIED FOODS
LIMITED, SLEAFORD FOOD GROUP LIMITED, SQF 2009 LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
5,995,500
|
|
Principal Shareholder
|
5,995,500 JISL Overseas Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
JISL Overseas Ltd, a company incorporated in MAURITIUS
|
|
Ultimate
Parent
|
JAIN IRRIGATION SYSTEMS LTD, a company incorporated in INDIA
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
39
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
30/06/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
25528
|
15205
|
10501
|
|
|
Export
|
25528
|
15205
|
10501
|
|
|
Cost of goods sold
|
25397
|
14575
|
10115
|
|
|
GROSS PROFIT
|
131
|
630
|
386
|
842
|
|
Wages and Salaries
|
368
|
351
|
258
|
282
|
|
Auditors Fees
|
13
|
7
|
7
|
11
|
|
Trading Profit
|
(414)
|
(2602)
|
(1401)
|
(153)
|
|
Depreciation
|
23
|
28
|
21
|
28
|
|
OPERATING PROFIT
|
(437)
|
(2630)
|
(1422)
|
(181)
|
|
Non Trading Income
|
|
4
|
|
2
|
|
Interest Payable
|
299
|
189
|
157
|
227
|
|
PRE TAX PROFIT
|
(736)
|
(2815)
|
(1579)
|
(406)
|
|
Taxation
|
|
|
(3)
|
|
|
PROFIT AFTER TAX
|
(736)
|
(2815)
|
(1576)
|
(406)
|
|
RETAINED PROFITS
|
(736)
|
(2815)
|
(1576)
|
(406)
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
39
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
30/06/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
2427
|
2437
|
2457
|
2477
|
|
Tangible Assets
|
2427
|
2437
|
2457
|
2477
|
|
Fixed Assets
|
17
|
27
|
47
|
67
|
|
Intermediate assets
|
2410
|
2410
|
2410
|
2410
|
|
TOTAL CURRENT ASSETS
|
22535
|
21024
|
16454
|
15004
|
|
Trade debtors
|
7974
|
4267
|
4424
|
4284
|
|
Stocks
|
10849
|
11904
|
6582
|
5280
|
|
Other Current Assets
|
3712
|
4853
|
5448
|
5440
|
|
Misc Current Assets
|
101
|
72
|
110
|
226
|
|
Due From Group
|
2939
|
4621
|
5166
|
5142
|
|
Cash
|
672
|
160
|
172
|
72
|
|
TOTAL ASSETS
|
24962
|
23461
|
18911
|
17481
|
|
TOTAL CURRENT LIABILITIES
|
25086
|
25242
|
17877
|
14871
|
|
Trade creditors
|
16801
|
20968
|
13388
|
10648
|
|
Short Term Loans
|
5410
|
1885
|
1509
|
1271
|
|
Bank Overdraft
|
5293
|
|
|
|
|
Due To Group
|
117
|
1885
|
1509
|
1271
|
|
Other Liabilities
|
2875
|
2389
|
2980
|
2952
|
|
WORKING CAPITAL
|
(2551)
|
(4218)
|
(1423)
|
133
|
|
TOTAL LONG TERM LIABS
|
497
|
98
|
98
|
98
|
|
Long Term Loans
|
497
|
98
|
98
|
98
|
|
Other Finance
|
|
98
|
98
|
98
|
|
Due To Group
|
497
|
|
|
|
|
NET ASSETS/(LIABILITIES)
|
(621)
|
(1879)
|
936
|
2512
|
|
SHARE CAPITAL + RESERVES
|
(621)
|
(1879)
|
936
|
2512
|
|
Share Cap + Sundry Res
|
5995
|
4001
|
4001
|
4001
|
|
Issued Share Capital
|
5995
|
4001
|
4001
|
4001
|
|
Profit and Loss account
|
(6616)
|
(5880)
|
(3065)
|
(1489)
|
|
SHAREHOLDERS FUNDS
|
(621)
|
(1879)
|
936
|
2512
|
|
CAPITAL EMPLOYED
|
(124)
|
(1781)
|
1034
|
2610
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
39
|
52
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
30/06/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
(4799)
|
384
|
(90)
|
321
|
|
Increase in Cash
|
512
|
(12)
|
101
|
53
|
|
Auditors Remuneration
|
13
|
7
|
7
|
11
|
|
Liquid Assets
|
8646
|
4427
|
4596
|
4356
|
|
Net Working Capital
|
(2551)
|
(4218)
|
(1423)
|
133
|
|
Long Term Debt(>12 Months)
|
497
|
98
|
98
|
98
|
|
Tangible Net Worth(T.N.W)
|
(621)
|
(1879)
|
936
|
2512
|
|
Equity
|
(621)
|
(1879)
|
936
|
2512
|
|
Number of Years Trading
|
14
|
13
|
12
|
11
|
|
Number of Employees
|
11
|
9
|
9
|
9
|
|
Profit per Employee
|
(66909.1)
|
(312777.8)
|
(175444.4)
|
(45111.1)
|
|
Sales per Employee
|
2320727.3
|
1689444.4
|
1166777.8
|
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/03/2010
|
31/03/2009
|
31/03/2008
|
30/06/2007
|
|
Current Ratio
|
0.9
|
0.8
|
0.9
|
1
|
|
Long Term Debt/T.N.W
|
(0.8)
|
(0.1)
|
0.1
|
|
|
Pre Tax Profit Margin%
|
(2.9)
|
(18.5)
|
(15)
|
|
|
Gross Profit%
|
0.5
|
4.1
|
3.7
|
|
|
Debtors Days (D.S.O)
|
114
|
102
|
154
|
|
|
Creditors Days (D.P.O)
|
240
|
503
|
465
|
|
|
Quick Ratio
|
0.5
|
0.4
|
0.6
|
0.7
|
|
W.I.P/Inventory Days
|
155.9
|
298.1
|
237.5
|
|
|
Return on Investment%
|
(8.3)
|
(2525)
|
(55.9)
|
(4.6)
|
|
Return on Assets%
|
(2.9)
|
(12)
|
(8.3)
|
(2.3)
|
|
T.N.W/Total Assets%
|
(2.5)
|
(8)
|
4.9
|
14.4
|
|
Return on Capital%
|
593.5
|
158.1
|
(152.7)
|
(15.6)
|
|
Rtn on Shareholders Funds%
|
|
|
(168.7)
|
(16.2)
|
|
Working Capital/Sales%
|
(10)
|
(27.7)
|
(13.6)
|
|
|
Borrowing Ratio%
|
(951.2)
|
(105.5)
|
171.7
|
54.5
|
|
Equity Gearing%
|
(2.4)
|
(7.4)
|
5.2
|
16.8
|
|
Stock Turnover
|
2.4
|
1.3
|
1.6
|
|
|
Days Purchases Outstanding
|
241.5
|
525.1
|
483.1
|
|
|
Sales/Fixed Assets
|
1501.6
|
563.1
|
223.4
|
|
|
Debt Gearing
|
(80)
|
(5.2)
|
10.5
|
3.9
|
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 increased by 68 % in the period
and now totals GBP 25,528,000.
|
|
Operating Loss
|
|
Totalled GBP 437,000. In the year prior
a Loss of GBP 2,630,000 was achieved.
|
|
Pre Tax Profit
|
|
A loss of GBP 736,000 was made in the period
compared with a loss of GBP 2,815,000 in the previous period, a reduction
of 73 %.
|
|
Working Capital
|
|
The company's working capital deficiency
reduced in the period and now stands at GBP 2,551,000.
|
|
Net Worth
|
|
The company's negative net worth
decreased by GBP -1,258,000 and at the year end was GBP 621,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 10,000 to GBP 2,427,000 and are now 9 % of total assets
compared with 10 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
increased during the period by 407% and are now 80 % of net worth compared
with 5 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 401 % of
capital employed, a decrease of 395 % over the previous period.
|
|
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