MIRA INFORM REPORT

Report Date :

14.07.2011

IDENTIFICATION DETAILS

Name :	MIRABRIDGE LIMITED

Registered Office :	201 Haverstock Hill, London, NW3 4QG.

Country :	United Kingdom

Financials (as on) :	31.01.2010

Date of Incorporation :	24.01.2007

Com. Reg. No.:	06065790

Legal Form :	Private Limited

Line of Business :	Importers of fruit juice.

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 19,000
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

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

Company Identification Details

Subject Reported on	MIRABRIDGE LIMITED
Registration Number	06065790
Address	SUITE 4, 11-13 BROAD COURT, LONDON, WC2B 5PY.
Telephone	020 7240 4465
Facsimile	020 7240 4165

Creditline Recommendations

Monthly Credit Guide

GBP 19,000

Official Company Data

Legal Form	Private Limited
Registration Number	06065790
Subject Status	Trading
Date of Incorporation	24/01/2007
Registered Office	201 HAVERSTOCK HILL, LONDON, NW3 4QG.
History	24/03/2009 : The Registered Office address changed from SUITE 4, 11-13 BROAD COURT, LONDON, WC2B 5PY,.
	30/01/2007 : Change of name from MIROBRIDGE LIMITED.
Date of Last Annual Return to Registry	24/01/2011
Accounts	The last filed accounts at Companies House are those to 31/01/2010
Accounting Reference Date	31/01

Operations

Activities	Importers of fruit juice.
Nace Code	7487
Premises	Rented,Offices
Staff Employed	2
Import Countries	EUROPE
Export Countries	No Export Activity
Bankers	HSBC BANK PLC
Address	COVENT GARDEN BRANCH.
Sort Code	400409
Auditors	AEL Partners LLP

Previous Searches

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

Date	Description
08/12/2009	Non-specialised wholesale of food, beverages and tobacco

Public Record Information

Summary of CCJ's/Scottish Decrees

No CCJs/Scottish Decrees are recorded in our file.

Other Filings and Notices

Date

Source

Description

01/05/2007	Companies House Gazette	Alteration in memorandum or articles of association
01/05/2007	Companies House Gazette	"Resolutions which give vary
18/04/2007	Companies House Gazette	Change among directors of a company
10/02/2007	Companies House Gazette	Change among directors of a company

Directors

Director	DR ROBERT FERNANDO
Service Address	12 CELICOURT ANTELME ROAD, ROSE HILL, MAURITIUS.
Country of Origin	UNITED KINGDOM
Date of Birth	16/10/1939
Appointment Date	30/01/2007
Other Directorships	VFI EUROPE LTD
Director	DMITRI BOGATOV
Service Address	AKADEMIKA ANOKHINA ST, APARTMENT 42 - 2 - 202 KORP 2, K V 202 MOSCOW 119602.
Country of Origin	SOVIET UNION
Date of Birth	06/06/1978
Appointment Date	16/04/2007

Share Capital

Shares	Ordinary GBP 1.00
Issued Number	200,000
Principal Shareholder	200,000 Robert Fernando

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

Financial Data– Statutory Accounts

For annual accounts images, view the

Balance Sheet

The following figures are shown in units of 1000

Number of Weeks	52	52	53
Accounts Date	31/01/2010	31/01/2009	31/01/2008
Currency	GBP	GBP	GBP
TOTAL CURRENT ASSETS	313	203	200
Trade debtors	312	201	199
Other Current Assets	1	2	1
Cash	1	2	1
TOTAL ASSETS	313	203	200
TOTAL CURRENT LIABILITIES	127	3	1
Trade creditors	127	3	1
WORKING CAPITAL	186	200	199
NET ASSETS/(LIABILITIES)	186	200	199
SHARE CAPITAL + RESERVES	186	200	199
Share Cap + Sundry Res	200	200	200
Profit and Loss account	(14)		(1)
SHAREHOLDERS FUNDS	186	200	199
CAPITAL EMPLOYED	186	200	199

Financial Comparison

The following figures are shown in units of 1000

Number of Weeks	52	52	53
Accounts Date	31/01/2010	31/01/2009	31/01/2008
Currency	GBP	GBP	GBP
Liquid Assets	313	203	200
Net Working Capital	186	200	199
Tangible Net Worth(T.N.W)	186	200	199
Equity	186	200	199
Number of Years Trading	3	2	1

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	31/01/2010	31/01/2009	31/01/2008
Current Ratio	2.5	67.7	200
Quick Ratio	2.5	67.7	200
T.N.W/Total Assets%	59.4	98.5	99.5
Equity Gearing%	146.5	6666.7	19900

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.

Working Capital

The company's working capital remains positive but reduced by 7 % in the period.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.59
UK Pound	1	Rs.71.07
Euro	1	Rs.62.40

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.