MIRA INFORM REPORT

Report Date :

13.07.2011

IDENTIFICATION DETAILS

Name :	STOCKSON LLP

Registered Office :	Suite 124a, Corporate House 1100 Parkway, Whiteley, Hampshire, Po15 7ab.

Country :	United Kingdom

Financials (as on) :	30.09.2010

Date of Incorporation :	07.09.2006

Com. Reg. No.:	OC322198

Legal Form :	Limited Liability Partnership

Line of Business :	---

RATING & COMMENTS

MIRA’s Rating :

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

Maximum Credit Limit :	GBP 400
Status :	Small Company
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 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

United Kingdom

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	STOCKSON LLP
Registration Number	OC322198

Creditline Recommendations

Monthly Credit Guide

GBP 400

Payment Behaviour

( No Payment Analysis Data is Available )

Official Company Data

Legal Form	See Report
Registration Number	OC322198
Subject Status	Trading
Date of Incorporation	07/09/2006
Registered Office	SUITE 124A, CORPORATE HOUSE 1100 PARKWAY, WHITELEY, HAMPSHIRE, PO15 7AB.
History	6/12/2008 : The Registered Office address changed from 124A CORPORATE HOUSE, 1100 PARKWAY, WHITELEY,.
	25/09/2007 : The Registered Office address changed from SUITE 124A CORPORATE HOUSE, 1100 PARKWAY, WHI.
	19/09/2007 : The Registered Office address changed from 39 WETHERBY MANSIONS, EARLS COURT SQUARE, LON.
Date of Last Annual Return to Registry	07/09/2010
Accounts	The last filed accounts at Companies House are those to 30/09/2010
Accounting Reference Date	30/09

Operations

Activities
Staff Employed	1

Historical Rating

Date	Monthly Credit Guide
13/07/2011	400
13/04/2011	400
13/01/2011	400
13/10/2010	400
13/07/2010	400

Previous Searches

Search History Summary

Last 3 Months	Last 6 Months	Last 12 Months
1	1	1

Search History Details

The Search History Details shows details of the most recent 40 searches

Date	Description
17/06/2011	Miscellaneous

Public Record Information

Summary of CCJ's/Scottish Decrees

No CCJs/Scottish Decrees are recorded in our file.

Directors

Director	IRELAND & OVERSEAS ACQUISITIONS LIMITED
Service Address	1ST FLOOR YAMRAJ BUILDING, MARKET SQUARE ROAD TOWN, TORTOLA.
Appointment Date	07/09/2006
Other Directorships	ACROVERSA LLP, S.O.L. RISK MANAGEMENT LLP, RTN ALLIANCE LLP, ERGO RESOURCES LLP, FLEMING INVEST LLP, ORMOND CAPITAL LLP, TRANSITUM LLP, LINERON TRADE LLP, WOODBERG LLP, LIBERTA CORPORATION LLP, INDEXA FINANCE LLP, CAPITAL CENTRAL LLP, BARON CAPITAL LLP, STARGATE CAPITAL LLP, INWORLD LLP, INLAND TRANSIT LLP, GRANDMAX LLP, GRANDLINK LLP, DEMOMAX LLP, CONTINENT TECH LLP, CONTINENT IMPORT LLP, CONTINENT EUROPE LLP, CONTINENT EXPORT LLP, COMEX INDUSTRIES LLP, TECHNOTEC COMPANY LLP, CHESTERLAKE LLP, DYFIELD LLP, PORTLINE CAPITAL LLP, BROOKFOLD LLP, EVERVALE TRANSIT LLP, plus others.
Director	MILLTOWN CORPORATE SERVICES LIMITED
Service Address	NO 35 NEW ROAD, BELIZE CITY.
Appointment Date	07/09/2006
Other Directorships	ACROVERSA LLP, S.O.L. RISK MANAGEMENT LLP, RTN ALLIANCE LLP, ERGO RESOURCES LLP, FLEMING INVEST LLP, ORMOND CAPITAL LLP, TRANSITUM LLP, LINERON TRADE LLP, WOODBERG LLP, LIBERTA CORPORATION LLP, INDEXA FINANCE LLP, CAPITAL CENTRAL LLP, BARON CAPITAL LLP, STARGATE CAPITAL LLP, INWORLD LLP, INLAND TRANSIT LLP, GRANDMAX LLP, GRANDLINK LLP, DEMOMAX LLP, CONTINENT TECH LLP, CONTINENT IMPORT LLP, CONTINENT EUROPE LLP, CONTINENT EXPORT LLP, COMEX INDUSTRIES LLP, TECHNOTEC COMPANY LLP, CHESTERLAKE LLP, DYFIELD LLP, PORTLINE CAPITAL LLP, BROOKFOLD LLP, EVERVALE TRANSIT LLP, plus others.

General Information

01/11/2010

The subject is a Limited Liability Partnership and is therefore not obliged to file Shareholder details with Companies House.

Financial Data– Statutory Accounts

Profit and Loss

The following figures are shown in units of 1000

Number of Weeks	52	52	52	56
Accounts Date	30/09/2010	30/09/2009	30/09/2008	30/09/2007
Currency	GBP	GBP	GBP	GBP
SALES	4	4	8	9
Wages and Salaries	1	1	1	1
PRE TAX PROFIT	2	2	7	7

Balance Sheet

The following figures are shown in units of 1000

Number of Weeks	52	52	52	56
Accounts Date	30/09/2010	30/09/2009	30/09/2008	30/09/2007
Currency	GBP	GBP	GBP	GBP
TOTAL CURRENT ASSETS	21	18	16	9
Trade debtors	4	4	8
Other Current Assets	17	14	8	9
Cash	17	14	8	9
TOTAL ASSETS	21	18	16	9
TOTAL CURRENT LIABILITIES	2	1	2	1
Trade creditors	2	1	2	1
WORKING CAPITAL	19	17	14	8
NET ASSETS/(LIABILITIES)	19	17	14	8
SHARE CAPITAL + RESERVES	19	17	14	8
Share Cap + Sundry Res	19	17	14	8
SHAREHOLDERS FUNDS	19	17	14	8
CAPITAL EMPLOYED	19	17	14	8

Financial Comparison

The following figures are shown in units of 1000

Number of Weeks	52	52	52	56
Accounts Date	30/09/2010	30/09/2009	30/09/2008	30/09/2007
Currency	GBP	GBP	GBP	GBP
Liquid Assets	21	18	16	9
Net Working Capital	19	17	14	8
Tangible Net Worth(T.N.W)	19	17	14	8
Equity	19	17	14	8
Number of Years Trading	4	3	2	1
Number of Employees	1	1	2
Profit per Employee	2000	2000	3500
Sales per Employee	4000	4000	4000

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	30/09/2010	30/09/2009	30/09/2008	30/09/2007
Current Ratio	10.5	18	8	9
Pre Tax Profit Margin%	50	50	87.5	77.8
Debtors Days (D.S.O)	365	365	365
Creditors Days (D.P.O)	183	91	91	41
Quick Ratio	10.5	18	8	9
Return on Investment%	10.5	11.8	50	87.5
Return on Assets%	9.5	11.1	43.8	77.8
T.N.W/Total Assets%	90.5	94.4	87.5	88.9
Return on Capital%	10.5	11.8	50	87.5
Rtn on Shareholders Funds%	10.5	11.8	50	87.5
Working Capital/Sales%	475	425	175	88.9
Equity Gearing%	950	1700	700	800

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.

Working Capital

The company's working capital has improved in the period by 12 %.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.69
UK Pound	1	Rs.70.87
Euro	1	Rs.62.26

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%)

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