MIRA INFORM REPORT

Report Date :

11.07.2011

IDENTIFICATION DETAILS

Name :	BROOME INTERNATIONAL LIMITED
Registered Office :	5th Floor, 86 Jermyn Street, London, Sw1y 6AW
Country :	United Kingdom
Financials (as on) :	31.12.2009
Date of Incorporation :	27.02.1995
Com. Reg. No.:	03026840
Legal Form :	Private Limited Company
Line of Business :	The provision of administrative services

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	GBP 20,500
Status :	Small Company
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 – March 31^st, 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

Bottom of Form

Company Identification Details

Subject Reported on	BROOME INTERNATIONAL LIMITED
Registration Number	03026840

Creditline Recommendations

Monthly Credit Guide

GBP 20,500

Payment Behaviour

( No Payment Analysis Data is Available )

Official Company Data

Legal Form	Private Limited
Registration Number	03026840
Subject Status	Trading
Date of Incorporation	27/02/1995
Registered Office	5TH FLOOR, 86 JERMYN STREET, LONDON, SW1Y 6AW.
History	2/09/2003 : The Registered Office address changed from 2 BABMAES STREET, LONDON, SW1Y 6NT.
	30/10/2002 : The Registered Office address changed from BELL HOUSE, 175 REGENT STREET, LONDON, W1R 7.
	2/08/1995 : The Registered Office address changed from 13 NEW BURLINGTON STREET, LONDON, W1X 1FE.
Date of Last Annual Return to Registry	27/02/2011
Accounts	The last filed accounts at Companies House are those to 31/12/2010
Accounting Reference Date	31/12

Operations

Activities	The provision of administrative services.
Nace Code	7487
Staff Employed	2
Auditors	MeesPierson Intertrust Ltd

Historical Rating

Date	Monthly Credit Guide
11/07/2011	20,500
11/04/2011	20,000
11/01/2011	19,500
11/10/2010	20,500
11/07/2010	20,500

Search History Summary

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

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	1
Number Outstanding	1
Number Partially Satisfied	0
Number Satisfied	0
Date of Latest Mortgage Created	23/07/1998

Details of most recent Mortgages, Charges and Satisfactions

Date Fully Satisfied	Date Registered	Date Created	Charge Description	Form Type	Lender
	31/07/1998	23/07/1998	Deed Of Charge Over Credit Balances	395	Barclays Bank Plc

It should be noted that there is no legal requirement to file satisfaction details of mortgages/charges at Companies House.

Other Filings and Notices

Date

Source

Description

19/09/2007	Companies House Gazette	Change among directors of a company
24/11/2005	Companies House Gazette	Change among directors of a company
28/02/2005	Companies House Gazette	Change among directors of a company
27/08/2004	Companies House Gazette	Change among directors of a company
23/08/2002	Companies House Gazette	Change among directors of a company
09/08/2002	Companies House Gazette	Change among directors of a company
14/09/1998	Companies House Gazette	Change among directors of a company
20/09/1997	Companies House Gazette	Change among directors of a company
05/09/1997	Companies House Gazette	Change among directors of a company
04/01/1997	Companies House Gazette	Change among directors of a company
24/07/1996	Companies House Gazette	Change among directors of a company
02/08/1995	Companies House Gazette	"Resolutions which give vary
02/08/1995	Companies House Gazette	Alteration in memorandum or articles of association
29/03/1995	Companies House Gazette	Change among directors of a company
27/03/1995	Companies House Gazette	Change among directors of a company
06/03/1995	Companies House Gazette	Change among directors of a company

Company Secretary

Secretary	ASHDOWN SECRETARIES LIMITED
Service Address	5TH FLOOR, 86 JERMYN STREET, LONDON, SW1Y 6AW.
Country of Origin	UNITED KINGDOM
Appointment Date	25/08/2004

Directors

Director	MR BIJAN AKHAVAN SAFA
Service Address	LANERCOST, 15 OAKLANDS RISE, WELWYN, HERTFORDSHIRE, AL6 0RN.
Country of Origin	UNITED KINGDOM
Date of Birth	09/10/1944
Appointment Date	22/11/2005
Other Directorships	VERFIDES, VERFIDES SECRETARIAL SERVICES (LONDON) LIMITED, WOOLBRIDGE ASSOCIATES LIMITED, VERFIDES INTERNATIONAL (LONDON) LIMITED, SILVEREX INVESTMENTS LIMITED, VERFIDES (LONDON) LIMITED, SOUTHVILLE SERVICES LIMITED, LONDON TRUSTEES LIMITED, VERFIDES HOLDINGS (LONDON) LIMITED, ROY EXPORT LIMITED, KOLBROOK LIMITED, VERFIDES GROUP (LONDON) LIMITED, CONTENT MEDIA INTERNATIONAL LIMITED, BARLEDA LIMITED, HEATHBROOKE DIRECTORS LIMITED
Director	MR STEPHEN JOHN KELLY
Service Address	FLAT B 309 AL NAKHEEL PO BOX 28444, EMIRATES HILLS, DUBAI, 123.
Country of Origin	UNITED KINGDOM
Date of Birth	22/07/1964
Appointment Date	06/09/2007
Other Directorships	PROPERTIES OPPORTUNITIES PROMOTIONS LLP, EUROTEC INTERNATIONAL CONSULTING LLP, ONTARGIT LLP, LUXOR COMMUNICATION LLP, EXCEED ESTATES LLP, AVELLA SOLUTIONS LTD, LEXUS ASSOCIATES (UK) LIMITED, GARSMEAD LIMITED, TEGRAM LIMITED, UNIGLOBAL ASSOCIATES LIMITED, WELHOUSE INVESTMENTS LIMITED, DELTATRUCK SPARES LIMITED, ANSTAR ENTERPRISES LIMITED, FK ENGINEERING SERVICES LIMITED, CORINTHIAN INVESTMENTS LIMITED, AQUAFLITE LIMITED, NINEWEST ENGINEERING LIMITED, EURIAD (UK) LIMITED, PROGRESSIVE MANAGEMENT SERVICES LIMITED, CARLISLE FINANCE LIMITED, CHARLMERS LIMITED, EXTON CORPORATION LIMITED, ANKOIL LIMITED, SARMIA LIMITED, LE MEIGNEN, MIRABAUD & COMPANY LIMITED, CAMBERWELL SERVICES LIMITED, MARBLE & MINERAL INTERNATIONAL LIMITED, CPU CONSULTANTS LIMITED, UNISTAR DEVELOPMENT LTD., DOUGALL ARTS LTD., plus others.

Share Capital

Shares	Ordinary GBP 1.00
Issued Number	10,000
Principal Shareholder	9,999 ICC Investments NV
	1 Culmead Ltd

The above reflects the principle shareholder(s) by number of shares held, irrespective of share classification type.

Holding Company

ICC Investments NV, a company incorporated in DUTCH ANTILLES

Financial Data– Statutory Accounts

Balance Sheet

The following figures are shown in units of 1000

Number of Weeks	52	52	52	52
Accounts Date	31/12/2009	31/12/2008	31/12/2007	31/12/2006
Currency	GBP	GBP	GBP	GBP
TOTAL CURRENT ASSETS	176	256	170	1068
Trade debtors	3		48
Other Current Assets	173	256	122	1068
Cash	173	256	122	1068
TOTAL ASSETS	176	256	170	1068
TOTAL CURRENT LIABILITIES	22	73	11	215
Trade creditors	22	73	11	215
WORKING CAPITAL	154	183	159	853
NET ASSETS/(LIABILITIES)	154	183	159	853
SHARE CAPITAL + RESERVES	154	183	159	853
Share Cap + Sundry Res	10	10	10	10
Profit and Loss account	144	173	149	843
SHAREHOLDERS FUNDS	154	183	159	853
CAPITAL EMPLOYED	154	183	159	853

Financial Comparison

The following figures are shown in units of 1000

Number of Weeks	52	52	52	52
Accounts Date	31/12/2009	31/12/2008	31/12/2007	31/12/2006
Currency	GBP	GBP	GBP	GBP
Liquid Assets	176	256	170	1068
Net Working Capital	154	183	159	853
Tangible Net Worth(T.N.W)	154	183	159	853
Equity	154	183	159	853
Number of Years Trading	14	13	12	11
Number of Employees
Profit per Employee
Sales per Employee

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	31/12/2009	31/12/2008	31/12/2007	31/12/2006
Current Ratio	8	3.5	15.5	5
Pre Tax Profit Margin%
Debtors Days (D.S.O)
Quick Ratio	8	3.5	15.5	5
Return on Investment%
Return on Assets%
T.N.W/Total Assets%	87.5	71.5	93.5	79.9
Return on Capital%
Rtn on Shareholders Funds%
Working Capital/Sales%
Equity Gearing%	700	250.7	1445.5	396.7

Key Industry Sector Trends

Year	2011	2010	2009	2008
Sample Size	7590	99999	99999	99999
Pre-Tax Profit Margin	29.2	15.1	13.3	16.4
Current Ratio	1.6	1.8	1.9	1.8
Borrowing Ratio	59.8	35.7	37.6	44.7
Return on Capital	183.4	60.9	47.4	57.4
Creditors Days	150	316	294	204

Above figures relate to companies in 2003 Standard Industry Classification (Nace) sector : Miscellaneous business activities not elsewhere classified

Financial Summary

Auditors Qualification

The company has taken advantage of exemptions under the Companies Act such that the accounts have not been audited or examined.

No Turnover

The company's balance sheet total is less than GBP 2,800,001 and therefore this is a small company as defined by the Companies Act.It is not required to disclose turnover but it is likely to be less than GBP 5,600,000.

No Pre-Tax Profit

The Company is exempt from the requirement to file a Profit Loss Account. We note that the difference on the Profit and Loss Account shownon the Balance Sheet is GBP 29,000 decrease. This suggests that the Company may have made a post-tax loss of GBP 29,000.

Working Capital

The subject's working capital decreased by 16 % in the period but remains positive.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.33
UK Pound	1	Rs.70.74
Euro	1	Rs.63.65

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.