MIRA INFORM REPORT

Report Date :

22.07.2011

IDENTIFICATION DETAILS

Name :	AGR AUTOMATION LIMITED

Formerly Known As :	WILSCO 329 LIMITED

Registered Office :	30 Factory Road, Upton Industrial Estate, Poole, Bh16 5sl

Country :	United Kingdom

Financials (as on) :	31.12.2009

Date of Incorporation :	16.05.2000

Com. Reg. No.:	03994849

Legal Form :	Private limited with Share Capital

Line of Business :	provision of automation solutions for the medical device, pharmaceutical and cosmetic manufacturing industries

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 :	£75,000

Status :	Good

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

Bottom of Form

REGISTERED NAME & COMPANY SUMMARY

Company Name	AGR AUTOMATION LIMITED	Company Number	03994849
Registered Address	30 FACTORY ROAD,	Trading Address	Elliot Industrial Estate Arbroath Angus DD11 2NJ
	UPTON INDUSTRIAL ESTATE,
	POOLE
	BH16 5SL
Website Address	http://www.agr-automation.com
Telephone Number	-	Fax Number
TPS	-	FPS	No
Incorporation Date	16/05/2000	Company Status	Active - Accounts Filed
Previous Name	WILSCO 329 LIMITED	Type	Private limited with Share Capital
		Filing Date of Accounts	29/06/2010
Date of Change	31/07/2000	Share Capital	£2
Sic Code	3663	Currency	GBP
Sic Description	OTHER MANUFACTURING (NOT ELSEWHERE CLASSIFIED)
Principal Activity	The provision of automation solutions for the medical device, pharmaceutical and cosmetic manufacturing industries.

CREDIT RECOMENDATION

Current Credit Limit:

Limit	£75,000	Previous Limit	£70,000
Contract Limit	£150,000

DIRECTORS/MANAGEMENT

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5

Current Directors

Name	Jennifer Ann Kellard	Date of Birth	03/10/1941
Officers Title	Mrs	Nationality	British
Present Appointments	5	Function	Director
Appointment Date	10/01/2005
Address	30 Ladywell, 1 Tower Road, Branksome Park Poole, BH13 6HY
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Robert Derek Samuel Gaston	Date of Birth	10/05/1962
Officers Title	Mr	Nationality	British
Present Appointments	5	Function	Director
Appointment Date	17/07/2000
Address	Kestor Brook Lane, Corfe Mullen, Wimborne, BH21 3RD
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Julian Lionel Andrew Boardman	Date of Birth	11/07/1960
Officers Title	Mr	Nationality	British
Present Appointments	5	Function	Company Secretary
Appointment Date	10/01/2005
Address	5 Came View Close, , Dorchester, DT1 2AF

NEGATIVE INFORMATION

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

SHARE & SHARE CAPITAL INFORMATION

Top 20 Shareholders

Name	Individual Share Value
S.M. GASTON & R.D.S. GASTON	2 ORDINARY GBP 1.00

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Structure Summary

Company Name	AGR AUTOMATION LIMITED	Company Number	03994849
Holding Company	-	Ownership Status
Ultimate Holding Company	-	Companies in group	-

Group structure

No group structure.

FINANCIAL INFORMATION

Profit & Loss

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	£15,327	48.7%	£10,305	65.3%	£6,233	-49.6%	£12,365	-40.9%	£20,924
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Tangible Assets	£777,902	999.9%	£33,359	18.2%	£28,221	136.1%	£11,954	-7.4%	£12,913
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	£777,902	999.9%	£33,359	18.2%	£28,221	136.1%	£11,954	-7.4%	£12,913
Stock	£214,490	-11.7%	£242,873	8.1%	£224,622	149.5%	£90,011	-19.7%	£112,101
Trade Debtors	£1,153,906	18%	£977,820	-36.3%	£1,536,166	202.8%	£507,308	-	0
Cash	£579,096	999.9%	£48,521	-80.7%	£251,535	-12%	£285,812	189.9%	£98,598
Other Debtors	0	-	0	-	0	-	0	-100%	£717,605
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£1,947,492	53.4%	£1,269,214	-36.9%	£2,012,323	127.9%	£883,131	-4.9%	£928,304
Trade Creditors	£1,105,465	59%	£695,461	-56.1%	£1,583,337	111.5%	£748,606	-	0
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	0	-	0	-	0	-	0	-	0
Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-100%	£926,964
Total Current Liabilities	£1,105,465	59%	£695,461	-56.1%	£1,583,337	111.5%	£748,606	-19.2%	£926,964
Bank Loans & Overdrafts and LTL	£733,813	512%	£119,896	17.9%	£101,688	-7.7%	£110,227	-6.6%	£118,015
Other Long Term Finance	£378,022	-	0	-	0	-	0	-	0
Total Long Term Liabilities	£733,813	512%	£119,896	17.9%	£101,688	-7.7%	£110,227	-6.6%	£118,015

Capital & Reserves

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Called Up Share Capital	£2	-	£2	-	£2	-	£2	-	£2
P & L Account Reserve	£886,114	81.9%	£487,214	37%	£355,517	880.7%	£36,250	134.9%	-£103,764
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£886,116	81.9%	£487,216	37%	£355,519	880.7%	£36,252	134.9%	-£103,762

Other Financial Items

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Net Worth	£886,116	81.9%	£487,216	37%	£355,519	880.7%	£36,252	134.9%	-£103,762
Working Capital	£842,027	46.8%	£573,753	33.7%	£428,986	218.9%	£134,525	999.9%	£1,340
Total Assets	£2,725,394	109.2%	£1,302,573	-36.2%	£2,040,544	128%	£895,085	-4.9%	£941,217
Total Liabilities	£1,839,278	125.6%	£815,357	-51.6%	£1,685,025	96.2%	£858,833	-17.8%	£1,044,979
Net Assets	£886,116	81.9%	£487,216	37%	£355,519	880.7%	£36,252	134.9%	-£103,762

Cash Flow

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06	(%)	31/12/05
Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
Capital Employed	£1,619,929	166.8%	£607,112	32.8%	£457,207	212.1%	£146,479	927.7%	£14,253
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors	NEXIA SMITH & WILLIAMSON
Auditor Comments	The audit report contains no adverse comments
Bankers	LLOYDS TSB BANK PLC
Bank Branch Code

Ratios

Date Of Accounts	31/12/09	31/12/08	31/12/07	31/12/06	31/12/05
Pre-tax profit margin %	-	-	-	-	-
Current ratio	1.76	1.82	1.27	1.18	1
Sales/Net Working Capital	-	-	-	-	-
Gearing %	82.80	24.60	28.60	304.10	-113.70
Equity in %	32.50	37.40	17.40	4.10	-11
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	1.56	1.47	1.13	1.06	0.88
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	1.24	1.42	4.45	20.65	-8.93
Total Debt Ratio	2.07	1.67	4.73	23.69	-10.07
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/12/2009	-	-	£886,116	-
31/12/2008	-	-	£487,216	-
31/12/2007	-	-	£355,519	-

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Status History

No Status History found
Date	Description
14/06/2011	Annual Returns
08/07/2010	New Accounts Filed
02/06/2010	Annual Returns
21/08/2009	New Accounts Filed
17/06/2009	Annual Returns
10/07/2008	New Accounts Filed
24/06/2008	Annual Returns
25/10/2007	New Accounts Filed
07/12/2006	New Accounts Filed
17/08/2005	New Accounts Filed
18/05/2005	Change in Reg.Office
03/02/2005	WILSONS (COMPANY SECRETARIES) LIMITED has left the board
03/02/2005	PATRICK KELLARD has left the board
03/02/2005	New Board Member (JULIAN LIONEL ANDREWBOARDMAN) appointed
03/02/2005	New Board Member (JENNIFER ANNKELLARD) appointed

Previous Company Names

Date	Previous Name
31/07/2000	WILSCO 329 LIMITED

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.43
UK Pound	1	Rs.71.90
Euro	1	Rs.63.41

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.