MIRA INFORM REPORT

Report Date :

25.05.2011

IDENTIFICATION DETAILS

Name :	ABA STRONALVA LIMITED
Formerly Known As :	PERRIMAY LIMITED.
Registered Office :	15b High Street, Alton, Hampshire, GU34 1AW.
Country :	United Kingdom
Financials (as on) :	31.03.2010
Date of Incorporation :	20.08.2007
Com. Reg. No.:	06347772
Legal Form :	Private Limited Company
Line of Business :	Suppliers of heavy duty air conditioning and refrigeration equipment suitable for the rigors of industrial use

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 10,500
Status :	Moderate
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	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	ABA STRONALVA LIMITED
Registration Number	06347772
VAT Number	GB927635596
Address	INTERNATIONAL DISTRIBUTION, EVERSLEY WAY, EGHAM, SURREY, TW20 8RS.
Telephone	01784 431 342
Facsimile	01784 438 303
Email	aba.website@stronalva.co.uk
Web Address	www.stronalva.co.uk

Creditline Recommendations

Monthly Credit Guide

GBP 10,500

Payment Behaviour

( No Payment Analysis Data is Available )

Official Company Data

Legal Form	Private Limited
Registration Number	06347772
VAT Number	GB927635596
Subject Status	Trading
Date of Incorporation	20/08/2007
Registered Office	15B HIGH STREET, ALTON, HAMPSHIRE, GU34 1AW.
History	9/10/2009 : The Registered Office address changed from 22A MARKET STREET, ALTON, HAMPSHIRE GU34 1HA,.
	10/05/2008 : Change of name from PERRIMAY LIMITED.
	13/02/2008 : The Registered Office address changed from ARKENIS HOUSE, BROOK WAY, LEATHERHEAD, SURREY.
	31/08/2007 : The Registered Office address changed from 6-8 UNDERWOOD STREET, LONDON, N1 7JQ, N1 7J.
Date of Last Annual Return to Registry	18/08/2010
Accounts	The last filed accounts at Companies House are those to 31/03/2010
Accounting Reference Date	31/03

Operations

Activities	Suppliers of heavy duty air conditioning and refrigeration equipment suitable for the rigors of industrial use.
Nace Code	7487
Premises	Rented,Offices
Staff Employed	10
Import Countries	EUROPE
Export Countries	EUROPE
Bankers	NATIONAL WESTMINSTER BANK PLC
Address	EGHAM.
Sort Code	600733
Auditors	Francis Maxwell LLP

Historical Rating

Date	Monthly Credit Guide
24/05/2011	10,500
24/02/2011	10,500
24/11/2010	10,500
24/08/2010	1,500
24/05/2010	1,800

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
22/03/2011	Manufacture of pumps and compressors
16/04/2010	Miscellaneous

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	2
Number Outstanding	2
Number Partially Satisfied	0
Number Satisfied	0
Date of Latest Mortgage Created	07/04/2009

Details of most recent Mortgages, Charges and Satisfactions

Date Fully Satisfied	Date Registered	Date Created	Charge Description	Form Type	Lender
	21/04/2009	07/04/2009	Debenture	395	Ivan Richard Jones
	10/09/2008	04/09/2008	Debenture	395	National Westminster 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

09/10/2009	Companies House Gazette	CRO no longer advises inspection of company record
10/05/2008	Companies House Gazette	Alteration in memorandum or articles of association
04/03/2008	Companies House Gazette	"Resolutions which give vary
04/03/2008	Companies House Gazette	Alteration in memorandum or articles of association
11/09/2007	Companies House Gazette	Change among directors of a company

Company Secretary

Secretary	SARAH DARGUE
Service Address	14 SANDY WAY, WALTON ON THAMES, SURREY, KT12 1BL.
Country of Origin	UNITED KINGDOM
Date of Birth	23/04/1967
Appointment Date	24/08/2007

Directors

Director	SARAH DARGUE
Service Address	14 SANDY WAY, WALTON ON THAMES, SURREY, KT12 1BL.
Country of Origin	UNITED KINGDOM
Date of Birth	23/04/1967
Appointment Date	24/08/2007
Director	MR KEVIN RUSSELL DARGUE
Service Address	14 SANDY WAY, WALTON ON THAMES, SURREY, KT12 1BL.
Country of Origin	UNITED KINGDOM
Date of Birth	27/03/1964
Appointment Date	24/08/2007
Other Directorships	BLYGOLD LIBYA LIMITED

Share Capital

Shares	Ordinary GBP 1.00
Issued Number	201
Shares	Ordinary A GBP 1.00
Issued Number	1
Principal Shareholder	51 Ivan Jones
	50 Catherine Jones
	50 Sarah Dargue
	50 Kevin R. Dargue
	1 Kevin R. Dargue

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

Financial Data– Statutory Accounts

Profit & Loss Accounts are not available for companies categorised as small companies under the companies act.

Balance Sheet

The following figures are shown in units of 1000

Number of Weeks	52	52
Accounts Date	31/03/2010	31/03/2009
Currency	GBP	GBP
TOTAL FIXED ASSETS	4	2
Tangible Assets	4	2
TOTAL CURRENT ASSETS	1038	1328
Trade debtors	828	1149
Stocks	32	110
Other Current Assets	178	69
Cash	178	69
TOTAL ASSETS	1042	1330
TOTAL CURRENT LIABILITIES	982	1302
Trade creditors	982	1302
WORKING CAPITAL	56	26
TOTAL LONG TERM LIABS	1
NET ASSETS/(LIABILITIES)	59	28
SHARE CAPITAL + RESERVES	59	28
Profit and Loss account	59	28
SHAREHOLDERS FUNDS	59	28
CAPITAL EMPLOYED	60	28

Financial Comparison

The following figures are shown in units of 1000

Number of Weeks	52	52
Accounts Date	31/03/2010	31/03/2009
Currency	GBP	GBP
Liquid Assets	1006	1218
Net Working Capital	56	26
Other Deferred Liabs	1
Tangible Net Worth(T.N.W)	59	28
Equity	59	28
Number of Years Trading	3	2

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	31/03/2010	31/03/2009
Current Ratio	1.1	1
Quick Ratio	1	0.9
T.N.W/Total Assets%	5.7	2.1
Equity Gearing%	6	2.2

Key Industry Sector Trends

Year	2011	2010	2009	2008
Sample Size	3800	99999	99999	99999
Pre-Tax Profit Margin	29.5	15.6	13.3	16.5
Current Ratio	1.6	1.7	1.9	1.8
Borrowing Ratio	78.6	35.2	37.5	44.6
Return on Capital	211.4	64.9	48.3	58
Creditors Days	176	274	284	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 shown on the Balance Sheet is GBP 31,000 increase. This suggests that the Company may have made a post-tax profit of GBP 31,000.

Working Capital

The company's working capital has increased by 115 % in the period.

Net Worth

Net worth was GBP 59,000.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.25
UK Pound	1	Rs.72.82
Euro	1	Rs.63.58

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.