MIRA INFORM REPORT

Report Date :

20.05.2011

IDENTIFICATION DETAILS

Name :	MOTHERCARE SOURCING LIMITED
Formerly Known As :	STOREHOUSE OPTIONS LIMITED
Registered Office :	Cherry Tree Road, Watford, Hertfordshire, WD24 6SH
Country :	United Kingdom
Financials (as on) :	31.03.2006
Date of Incorporation :	29.07.1980
Com. Reg. No.:	01509604
Legal Form :	Private limited with Share Capital
Line of Business :	Non-trading or ceased to trade

RATING & COMMENTS

MIRA’s Rating :

C

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Non Trading or Cease To Trade
Payment Behaviour :	----
Litigation :	----

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

Company summary

Bottom of Form

Top of Form

Company Name	MOTHERCARE SOURCING LIMITED	Company Number	01509604
Registered Address	CHERRY TREE ROAD	Trading Address	Cherry Tree Road Watford WD24 6SH
	WATFORD
	HERTFORDSHIRE
	WD24 6SH
Website Address	http://www.mothercare.com
Telephone Number	01923241000	Fax Number
TPS	No	FPS	No
Incorporation Date	29/07/1980	Company Status	Non trading
Previous Name	STOREHOUSE OPTIONS LIMITED	Type	Private limited with Share Capital
		Filing Date of Accounts	10/09/2010
Date of Change	05/04/2007	Share Capital	£2
Sic Code	7499	Currency	GBP
Sic Description	NON-TRADING OR CEASED TO TRADE
Principal Activity	The company did not trade during y/e 27.03.10.

Accounts Due Date 31/12/2011

Credit Limit

Contract Limit

No Limit

Last 3 Years Credit Limit

Date	Limit
31/12/2010	-
31/12/2009	-
31/12/2008	£0

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
27/03/2010	-	-	-	-
28/03/2009	-	-	-	-
29/03/2008	-	-	-	-

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

Outstanding	0
Satisfied	0

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	8

Current Directors

Name	Timothy John Ashby	Date of Birth	07/05/1962
Officers Title	Mr	Nationality	British
Present Appointments	26	Function	Director
Appointment Date	30/08/2010
Address	Cherry Tree Road,  Watford,  Hertfordshire,  WD24 6SH
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Caroline Davies	Date of Birth	29/07/1971
Officers Title	Mrs	Nationality	British
Present Appointments	13	Function	Director
Appointment Date	04/02/2011
Address	Cherry Tree Road,  Watford,  Hertfordshire,  WD24 6SH
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Lynne Samantha Medini	Date of Birth	03/11/1967
Officers Title	Ms	Nationality	British
Present Appointments	34	Function	Company Secretary
Appointment Date	30/06/2000
Address	Cherry Tree Road,  Watford,  Hertfordshire,  WD24 6SH
Other Actions		View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Individual Share Value
PRINCESS PRODUCTS LTD	1 ORDINARY GBP 1.00
MOTHERCARE NURSERY FURNITURE LTD	1 ORDINARY GBP 1.00

Profit & Loss

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
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	-	-	-	-	-	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
Tangible Assets	0	-	0	-	0	-	0	-	0
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	0	-	0	-	0	-	0	-	0
Stock	0	-	0	-	0	-	0	-	0
Trade Debtors	0	-	0	-	0	-	0	-	0
Cash	0	-	0	-	0	-	0	-	0
Other Debtors	0	-	0	-	0	-	0	-100%	£2
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	0	-	0	-	0	-	0	-100%	£2
Trade Creditors	0	-	0	-	0	-	0	-	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	-	0
Total Current Liabilities	0	-	0	-	0	-	0	-	0
Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
Called Up Share Capital	-	-	-	-	-	-	-	-100%	£2
P & L Account Reserve	-	-	-	-	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	-	-	-	-	-	-	-	-100%	£2

Other Financial Items

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
Net Worth	-	-	-	-	-	-	-	-100%	£2
Working Capital	-	-	-	-	-	-	-	-100%	£2
Total Assets	-	-	-	-	-	-	-	-100%	£2
Total Liabilities	-	-	-	-	-	-	-	-	-
Net Assets	-	-	-	-	-	-	-	-100%	£2

Cash Flow

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	27/03/10	(%)	28/03/09	(%)	29/03/08	(%)	31/03/07	(%)	31/03/06
Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
Capital Employed	-	-	-	-	-	-	-	-100%	£2
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratios

Date Of Accounts	27/03/10	28/03/09	29/03/08	31/03/07	31/03/06
Pre-tax profit margin %	-	-	-	-	-
Current ratio	-	-	-	-	-
Sales/Net Working Capital	-	-	-	-	-
Gearing %	0	0	0	0	0
Equity in %	-	-	-	-	100
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	-	-	-	-	-
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	-	-	-	-	-
Total Debt Ratio	-	-	-	-	-
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Status History

No Status History found

Event History

Date	Description
18/02/2011	Ms J. Boydell has left the board
18/02/2011	New Board Member Mrs C. Davies appointed
09/11/2010	New Board Member Mr T.J. Ashby appointed
21/09/2010	New Accounts Filed
03/09/2010	Mr C.E. Revett has left the board
18/08/2010	Annual Returns
15/09/2009	New Accounts Filed
29/07/2009	Annual Returns
01/07/2009	Mr M.J. Rainer has left the board
01/07/2009	New Board Member Ms J. Boydell appointed
27/08/2008	Annual Returns
28/07/2008	New Accounts Filed
07/08/2007	New Accounts Filed
12/04/2007	Change of Name
18/01/2007	New Accounts Filed

Limit History

Date	Limit
23/08/2007	£0
22/08/2007	£0
07/08/2007	£0
08/12/2001	£0

Previous Company Names

Date	Previous Name	Companies House Documents
05/04/2007	STOREHOUSE OPTIONS LIMITED
28/03/1991	CONRAN ADVERTISING LIMITED

Group Structure Summary

Company Name	MOTHERCARE SOURCING LIMITED	Company Number	01509604
Holding Company	MOTHERCARE HOMESTORE LIMITED	Ownership Status	Wholly Owned
Ultimate Holding Company	MOTHERCARE HOMESTORE LIMITED	Companies in group	2

Group structure

Company Name	Safe Number	Registered Number	Latest Key Financials	Consol. Accounts	Rating	Limit	Turnover
MOTHERCARE HOMESTORE LIMITED	UK00779789	01108033	31.03.2004	N	N/R	-
MOTHERCARE SOURCING LIMITED	UK01178149	01509604	27.03.2010	N	N/R	-

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.98
UK Pound	1	Rs.72.68
Euro	1	Rs.64.16

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.