MIRA
INFORM REPORT
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Report Date : |
26.11.2011 |
IDENTIFICATION DETAILS
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Name : |
WHITE STUFF LTD. |
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Registered Office : |
Tuborg House Mandrell Road London, SW2 5DL |
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Country : |
United Kingdom |
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Financials (as on) : |
01.05.2010 |
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Date of Incorporation : |
18.11.1988 |
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Com. Reg. No.: |
02319237 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Wholesale of clothing and footwear |
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No. of Employees : |
1,112 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
White Stuff Ltd.
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Business
Description
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White Stuff Ltd. specialises in urban and outdoor clothing for men and
women. The company offers a complete range of women’s apparel, including
T-shirts, shirts, sweaters, knitwear, fleeces, jackets, jerseys, pants,
skirts and dresses. It also provides men’s apparel, offering shirts, pants,
jackets, caps and overcoats. The company provides accessories, including
boats, purses, shoulder bags, gloves, belts, boy hat, patch mitten, scarfs,
socks, necklaces and bracelets. White Stuff Ltd. markets its products through
its various retail and wholesale stores worldwide. |
Industry
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Industry |
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ANZSIC 2006: |
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NACE 2002: |
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NAICS 2002: |
4243 - Apparel, Piece Goods, and Notions Merchant
Wholesalers |
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UK SIC 2003: |
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US SIC 1987: |
Key Executives
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News
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Financial Summary
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1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6254322
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6533172
Corporate Overview
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Corporate Structure News
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White Stuff Ltd.
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
London |
United Kingdom |
Apparel and Accessories |
14.4 |
1,253 |
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Subsidiary |
London |
United Kingdom |
Apparel and Accessories |
133.9 |
1,112 |
Executives Report
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* Branch executive, office location is different from company profile |
Directors and Shareholders Report
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Annual Return Date: 31 Dec 2010 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
07 Dec 1965 |
37 Mayford Road, Wansworth, |
01 Jul 2005 |
NA |
Current:3 |
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Current |
13 Oct 1966 |
Canterbury Court Kennington Park, 1-3 Brixton Road, |
09 Mar 2007 |
NA |
Current:2 |
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Current |
25 Feb 1950 |
14 The Grange, Virginia Park Viirginia Water, |
01 Aug 2009 |
NA |
Current:4 |
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Current |
31 Aug 1963 |
29 Shuttleworth Road, |
15 Feb 1991 |
NA |
Current:1 |
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Current |
19 Feb 1959 |
Bridgepoint Capital Limited, 101 Finsbury Pavement, |
24 Jul 2007 |
NA |
Current:6 |
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Current |
12 Oct 1963 |
23B Lavender Gardens, |
15 Feb 1991 |
NA |
Current:3 |
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Previous |
05 Dec 1965 |
24 Offham Slope, Woodside Park, |
17 May 2007 |
10 Jul 2008 |
Current:0 |
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Previous |
06 Apr 1965 |
108A Priory Road, |
06 Apr 2006 |
15 Feb 2007 |
Current:0 |
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Previous |
08 Jan 1966 |
165 Sabine Road, |
01 Nov 2006 |
10 Jul 2008 |
Current:0 |
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Previous |
09 Jun 1970 |
10 Earlsfield, Road, |
01 Nov 2006 |
10 Jul 2008 |
Current:1 |
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Previous |
05 May 1964 |
66 Lawrence Road, |
13 Nov 2006 |
10 Jul 2008 |
Current:1 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
NA |
Canterbury Court Kennington Park, 1-3 Brixton Road, |
22 Jul 2010 |
NA |
Current:1 |
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Previous |
07 Dec 1965 |
37 Mayford Road, Wansworth, |
17 Feb 2007 |
09 Mar 2007 |
Current:3 |
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Previous |
13 Oct 1966 |
Canterbury Court Kennington Park, 1-3 Brixton Road, |
09 Mar 2007 |
22 Jul 2010 |
Current:2 |
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Previous |
06 Apr 1965 |
108A Priory Road, |
23 Dec 2005 |
16 Feb 2007 |
Current:0 |
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Previous |
01 Oct 1957 |
4 Netherfield Road, |
09 Jan 2003 |
23 Dec 2005 |
Current:0 |
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Previous |
12 Oct 1963 |
23B Lavender Gardens, |
15 Feb 1991 |
09 Jan 2003 |
Current:3 |
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Individual Shareholders |
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There are no individual shareholders for this company. |
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Corporate Shareholders |
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Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
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07186923 |
3830 Ordinary GBP 526.66 |
Ordinary |
3,830 |
526.66 |
2,017,107.80 |
100.00 |
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Why not download your free Carstar app today?
Hamilton Spectator, The (Ontario, Canada)
23 November 2011
By The Hamilton Spectator
|
[What follows is
the full text of the news story.] Carstar is
driving out a new app this week with the launch of Unhappen My Accident for
iPhones, just in time for the start of the white stuff. A quick touch on
the phone is intended to help drivers connect instantly with personal and
emergency contact info such as name and policy number of your insurance
company. Other features
include recording and collection of crucial details about the accident using
iPhone GPS and camera technologies including weather/road conditions; creation
of an accident report that can immediately be sent to an insurance provider;
24/7 access to a live representative to assist users through the process; and
connection to one of Carstar's 160 locations across Canada. The app is free. For each download
Carstar will donate $1 to Cystic Fibrosis Canada. The Hamilton
Spectator |
|
State Trails Program Gears Up for Snow Season
Targeted News Service
22 November 2011
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[What follows is
the full text of the news story.] CHEYENNE, Wyo., Nov.
22 -- The Wyoming Department of State Parks and Cultural Resources has issued
the following news release: With December 1
marking the unofficial start of the snowmobile season, State Trails Program
staff will soon begin marking and signing trails statewide, and expect to
begin grooming many of the state's trails during the week of Dec. 12. Wyoming boasts
some of the best snowmobile trails in the nation and early snows have already
provided enough of the white stuff to provide adequate riding in several
areas of the state. Users are
reminded that permits are currently available at many snowmobile dealers and
other vendors statewide. The money collected through these permits, as
required by law, is critical to the funding of the services provided by the State
Trails Program. Snow machine
enthusiasts in Wyoming will continue to see the same services in terms of
grooming, marking and signage in most areas of the state. However, due to a
19 percent reduction in revenue, there may be some areas where grooming,
marking, signing and plowing could see a reduction in services, including the
number of trail miles and/or frequency of trails groomed, as well as the
frequency of parking lots plowed. This decrease in
revenues is the result of lower permit sales, as well as increased fuel costs
resulting in a substantial financial burden on the division to groom the
trails. The reduction in revenue is in comparison to peak years. However, the
cost of doing business has increased at the same time that revenue has not. In partnership
with National Forests throughout the state, the Wyoming Division of State
Parks, Historic Sites and Trails will continue to provide the snowmobiling
public the best experience possible with available funds and strategic
allocations of Recreational Trails Program funding. "We will
continue to provide the maximum amount of nationally acclaimed groomed trails
that our revenue can sustain," State Parks Administrator Domenic Bravo
said. "We look forward to another great snow year in the beautiful state
of Wyoming, and we look forward to seeing the public out on the trails." Persons looking
for Wyoming snow trail and permit information are asked to visit http://wyotrails.state.wy.us/snow/. By Domenic Bravo TNS
RadHar67-111124-JF78-3692472 StaffFurigay |
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fashion BULLSEYE
Western Mail (Wales)
22 November 2011
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[What follows is
the full text of the news story.] Warm and toasty We
want to cwtch up in this adorable suede hooded coat with faux fur lining and
go to Winter Wonderland. It's pounds 395 from So Glad & Very at White
Stuff. www.whitestuff.comKatherine
Jenkins's lovely Manoush jumper, as seen on her appearance on BBC's Something
For The Weekend, is available at E91 boutique in Cowbridge. They do it in a
gold and in a magenta colour and it's pounds 375. Photo: Twitter/ Katherine
Jenkins. Contact 01446 772241. |
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Fantasy snowballs with Kate? If you catch her drift...: CD OF THE WEEK
Kate Bush 50 Words for Snow (FISH PEOPLE)
Observer (UK)
20 November 2011
By Kitty Empire
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[What follows is
the full text of the news story.] As anyone who watches
QI will tell you, the Inuit language does not actually have 50 words for
snow. It's a myth, but one so pervasive, so pretty, you feel it ought to be
true. On the title track of her 10th album, Kate Bush obliges with a
flourish. As some sparsely funky electronics percolate behind her, Bush goads
QI host Stephen Fry to compile 50 words for the cold white stuff - stuff
whose meanings (purity, death, frigidity, fun) can shift and drift, just like
the blown flakes themselves. "Icyskidski" is rather fun, but
"mountain sob" takes the prize. There are plenty
of other myths abroad on this playful and mysterious record, her second this
year after Director's Cut. There's at least one ghost, and allegories
a-go-go. Anyone hoping that a wild hominid might have escaped western
scientists by hiding out in the remotest bits of Nepal will love "Wild
Man", the album's single and uncontested hit. A nagging loop soundtracks
Bush's rich, scholarly tribute to the Yeti. You suspect she is a little bit
in love with the wild man, whose footsteps she erases to keep him safe - but
not half as smitten as she is with a snowman. Had anyone else
dared retell the story of Raymond Briggs's The Snowman as a sexual fantasy
which finds "Misty" coming in through the window at night to seduce
a willing underage girl, they would have been denounced as abominable by the
tabloids. As it's the grand dame of British art-pop - influence on Florence
Welch and countless others - we can discuss the themes of "Misty" -
doomed love, virginity's end, soaking sheets and double entendres such as
"I can feel him melting in my hand" - like grown-ups. (Well,
almost.) At once absurd and elegant, passionate and glacial,
"Misty" stands for the whole album, locating all kinds of love in
cold climates. It's not always
a climate that suits. Like trudging through drifts, 50 Words can be a
frustrating listen, where dour piano motifs have the edge over catharsis. It
blows hot and cold, with Bush holding back rather than letting rip, a
disappointing feature of her latterday albums. It all begins
beguilingly enough with the birth of a snowflake, sung by Bush's son Albert,
who flutters down to a stately piano accompaniment. Their search for each
other is echoed later in "Snowed in at Wheeler Street", an inferior
duet between Bush and Elton John. Two lovers are torn apart by various
historical forces - the sack of Rome, the second world war, 9/11; the best
that can be said for them is that Bush's voice reaches some of its lushest
temperatures. Then there's
"Lake Tahoe", which tells of a legend in which a drowned woman
seems to rise up out of the lake. "Is your kitchen as you left it?"
Bush wonders, making the domestic poignantly romantic as she did on Aerial's
"Mrs Bartolozzi" ("Washing machine/ Washing machine. . .
"). But despite some sylph-like singing from Bush, and arresting atonal
passages, "Lake Tahoe" never quite electrifies; guest chorister
Stefan Roberts is just too churchy. The final piano track, "Among
Angels" should be pulling floods of tears from listeners' ducts but
never quite locates the tap. This album is rather better when it is winking
at you, rather than seeking to cryogenically preserve emotion. Kitty Empire Captions: Kate Bush:
'locating all kinds of love in cold climates'. Photograph by Trevor Leighton |
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Review: Critics: Pop: CD REVIEWS: Fantasy snowballs with Kate? If you
catch her drift...: CD OF THE WEEK Kate Bush 50 Words for Snow (FISH PEOPLE)
Observer (UK)
20 November 2011
By Kitty Empire
|
[What follows is
the full text of the news story.] As anyone who
watches QI will tell you, the Inuit language does not actually have 50 words
for snow. It's a myth, but one so pervasive, so pretty, you feel it ought to
be true. On the title track of her 10th album, Kate Bush obliges with a
flourish. As some sparsely funky electronics percolate behind her, Bush goads
QI host Stephen Fry to compile 50 words for the cold white stuff - stuff
whose meanings (purity, death, frigidity, fun) can shift and drift, just like
the blown flakes themselves. "Icyskidski" is rather fun, but
"mountain sob" takes the prize. There are plenty
of other myths abroad on this playful and mysterious record, her second this
year after Director's Cut. There's at least one ghost, and allegories
a-go-go. Anyone hoping that a wild hominid might have escaped western
scientists by hiding out in the remotest bits of Nepal will love "Wild
Man", the album's single and uncontested hit. A nagging loop soundtracks
Bush's rich, scholarly tribute to the Yeti. You suspect she is a little bit
in love with the wild man, whose footsteps she erases to keep him safe - but
not half as smitten as she is with a snowman. Had anyone else
dared retell the story of Raymond Briggs's The Snowman as a sexual fantasy
which finds "Misty" coming in through the window at night to seduce
a willing underage girl, they would have been denounced as abominable by the
tabloids. As it's the grand dame of British art-pop - influence on Florence
Welch and countless others - we can discuss the themes of "Misty" -
doomed love, virginity's end, soaking sheets and double entendres such as
"I can feel him melting in my hand" - like grown-ups. (Well,
almost.) At once absurd and elegant, passionate and glacial,
"Misty" stands for the whole album, locating all kinds of love in
cold climates. It's not always
a climate that suits. Like trudging through drifts, 50 Words can be a
frustrating listen, where dour piano motifs have the edge over catharsis. It
blows hot and cold, with Bush holding back rather than letting rip, a
disappointing feature of her latterday albums. It all begins
beguilingly enough with the birth of a snowflake, sung by Bush's son Albert,
who flutters down to a stately piano accompaniment. Their search for each
other is echoed later in "Snowed in at Wheeler Street", an inferior
duet between Bush and Elton John. Two lovers are torn apart by various
historical forces - the sack of Rome, the second world war, 9/11; the best
that can be said for them is that Bush's voice reaches some of its lushest
temperatures. Then there's
"Lake Tahoe", which tells of a legend in which a drowned woman
seems to rise up out of the lake. "Is your kitchen as you left it?"
Bush wonders, making the domestic poignantly romantic as she did on Aerial's
"Mrs Bartolozzi" ("Washing machine/ Washing machine. . .
"). But despite some sylph-like singing from Bush, and arresting atonal
passages, "Lake Tahoe" never quite electrifies; guest chorister
Stefan Roberts is just too churchy. The final piano track, "Among
Angels" should be pulling floods of tears from listeners' ducts but
never quite locates the tap. This album is rather better when it is winking
at you, rather than seeking to cryogenically preserve emotion. Captions: Kate Bush:
'locating all kinds of love in cold climates'. Photograph by Trevor Leighton |
|
WHAT'S IN MY bag... ...
Features
Sunday Life (UK)
20 November 2011
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[What follows is
the full text of the news story.] WHAT'S IN MY
bag... Claire Harvey,
22 from Belfast. PR executive. SHE says: "My
style icon is Blake Lively. My last purchase was this blazer from Zara. "Today I
bought a pair of jeans from White Stuff. "They are
just plain jeans but that's what I needed. "Shopping
for daytime clothes isn't that interesting. "My
favourite store has got to be River Island." |
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Win A style makeover from city fashion experts
Nottingham Evening Post (UK)
18 November 2011
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[What follows is
the full text of the news story.] TO launch its spectacular
Christmas campaign, Nottingham Retail Business Improvement District is giving
EG readers the opportunity to win a style makeover - courtesy of the shops in
Bridlesmith Gate and beyond. Six lucky
readers will be chosen to receive the makeover which will take place on
Wednesday November 30. It will include
a full style consultation by Nottingham fashion designers Susi Henson
(pictured right) and Simeon Hartwig. You will also have
your hair styled by James White and your makeup done by MAC cosmetics. Afterwards you
will be kitted out in some of the latest fashions and accessories from the
likes of White Stuff, Ted Baker, Jack Wills, American Apparel, Jigsaw,
Whistles, Links of London, Excel Jewellery and Radley. The Post will then
publish before and after shots of the winners. At the same
time, retailers will be showcasing some present ideas for this Christmas. It all forms a
festive carnival taking place in Bridlesmith Gate throughout the day. There will be
various activities going on in the shops as well as street performers, choirs
and magicians and plenty of tasty Christmas goodies to enjoy including hot
roast chestnuts, mulled wine and mince pies. To enter, all
you need to do is say in 20 words or less why you should have the makeover
and email your entry to info@wearenottingham.co.uk. Usual
Nottingham Post rules apply, see Classifed for details, or visit www.thisinottingham.co.uk
/houserules for details. Closing date is Tuesday November 22. The six correct
entries drawn at random will win the prizes as stated. Winners will be
notified after the closing date. Not valid in conjunction with any other
offer. |
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Snow this afternoon? Forecast's flaky
Philadelphia Inquirer (PA)
17 November 2011
By By Peter Mucha, The Philadelphia Inquirer
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[What follows is
the full text of the news story.] Nov. 17--"Snowflakes
to Bring Northeast's Rain to an End," declares a headline at AccuWeather.com. White stuff
might be seen, supposedly, along "the I-95 corridor" ... and
"the suburbs of Philadelphia and in Midtown Manhattan this
afternoon." Rev up the Kia
and burn rubber for the Acme? Chill, says the
National Weather Service. Cold is coming,
but don't expect to see even brief flurries unless you're well west or north
of Philadelphia. It's too warm in
Philadelphia and its suburbs, said meteorologist Mitchell Gaines of the Mount
Holly office. It was a few
degrees above freezing even at Mount Pocono as of midday. Snow is
mentioned -- barely -- in the forecasts for Harrisburg, Reading and Allentown
as "a slight chance of rain and snow showers." "No real
accumulation," Gaines predicted. Maybe a a little
could stick on grassy surfaces, especially at high elevations. AccuWeather's
story eventually agrees: "A few places picking up a light dusting cannot
be ruled out. That is especially true in the higher elevations." The light rain
should end by evening, then temperatures will drop overnight, into the upper
20s from Downingtown to Doylestown, into the 30s in Philadelphia and nearby
South Jersey. Although Friday
should be sunny, the high will again be in the mid 40s in Philadelphia,
followed by another night around freezing or below. The weekend
should warm up a bit, with rain possible Sunday night. For more on the
forecast, go to http://go.philly.com/weather. Contact staff
writer Peter Mucha at 215-854-4342 or pmucha@phillynews.com. ___ (c)2011 The
Philadelphia Inquirer Visit The
Philadelphia Inquirer at www.philly.com Distributed by MCT
Information Services |
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It's Biscuit Week, time to bring the white stuff
Charlotte Observer (NC)
10 November 2011
By By Kathleen Purvis, The Charlotte Observer, N.C.
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[What follows is
the full text of the news story.] Nov. 10--"That
man's got some beautiful biscuits." There are not
many places you'd hear one man say that about another. But Thursday, that
place was the hallway of Bojangles' corporate offices off Arrowood Road in
Charlotte. In
Bojangles'World, this is Biscuit Week, when the winners of biscuit challenges
at stores in 10 states come to Charlotte to show they've got the white stuff. Out of 15,000
employees, 15 make it to the Master Biscuit Maker Challenge. Thursday's seven
contestants were from North and South Carolina, Virginia and Tennessee. The Bojangles'
head office rolls out the red carpet for them. Literally: A red carpet is
rolled over the sidewalk before the competitors are ferried from their hotel
in two Bojangles' Humvees with flashing lights and sirens. Workers from all
over the building crowd into the lobby to blow horns and spin noisemakers.
Then they line the hall outside the test kitchen to watch through a window as
each competitor steps up to the workbench to demonstrate mastery of
Bojangles' biscuit procedure, called the Position Observation Checklist. Everyone at
Bojangles', from vice presidents to franchise owners, knows how to follow it.
In the hallway as they watch, their voices are as reverent as weekend
warriors at the Masters. A wincing
"ooooh!" comes from the crowd when a baker raps out four biscuits
without dipping a cutter in flour: Regulations call for a dip every three
raps. One woman draws a comment when she lifts biscuits without using her
thumb: "She's got the old-school way," before the thumb prohibition
was lifted. Inside the test
kitchen, judges wearing black-and-white striped referee shirts fill out an
eight-page checklist, covering every moment from when 5 pounds of biscuit mix
and a jug of buttermilk go into the bowl until the final pan of biscuits is
pulled from the oven, checked against a color chart and delivered to a judge
with the cry, "Hot Bojangles' Buttermilk Biscuits!" There is a
reason for the obsession with precision, says franchising vice president Tony
Hopson. Partly, it's consistency:
How do you make every biscuit perfect when a store might make 800 to 1,200 a
day? But the procedure has other advantages, including efficiency, speed and
waste reduction. After all, when
the biscuit shift starts at 4 a.m., you really do need to know how to do it
in your sleep. So the checklist
covers exactly how you touch your dough (six times, in a clock-face pattern),
how you fluff your biscuit mix in the bowl (six to eight times, so you don't
overwork it), and how pans go in the oven (top to bottom, so you always know
which pan went in first). Every station
has two rolling pins, including one with metal discs by the handles to make
sure the dough is exactly the right depth. Biscuits are
always placed on the pan in the same pattern: top left, bottom left, then
working toward the middle until the last biscuit is tucked in as sweetly as a
sleepy child. Each competitor
has to make 50 biscuits in less than 5 minutes. The winner gets $1,000, plus
$200 or $300 more from their store. They all get black aprons and caps with
the "Master Biscuit Maker" legend. Thursday's
winner: Lynnae Elkins, 20, of Moneta, Va., who was making her first trip to
the finals. She made her 50 in less than 4 minutes, 30 seconds. No one at the
finals, from vice presidents to the bakers, would admit making biscuits at
home, unless they're from a can you whack against a counter. "In all
honesty, it's a mess," said Charlotte employee Mark Oshefsky.
"Biscuits are a mess." ___ (c)2011 The
Charlotte Observer (Charlotte, N.C.) Visit The
Charlotte Observer (Charlotte, N.C.) at www.charlotteobserver.com Distributed by
MCT Information Services |
|
hot off the shelves
Liverpool Echo (UK)
09 November 2011
|
[What follows is
the full text of the news story.] WORK the poncho trend
with this easy to wear version from White Stuff, pounds 65. TIME to get on
your high horse with these gorgeous riding boots from Laura Ashley, pounds
135 A POP of red lifts the most wintery of outfits. We love these red gloves
from M&Co, pounds 20. EVERYONE loves
cocktail hour. Make sure you're dressed to impress with this chunky stoned
ring from M&S, pounds 8. WORK the mustard
trend with this single button blouse from Tu at Sainsbury's, pounds 18
Perfect with a black pencil skirt. IF you're
looking for a party frock but don't want a little black dress we're loving
this Peter Pan collar shift in soft blue and black. pounds 22 from Matalan. PERFECT for the
Christmas shopping mayhem to come this Jeans By Jasper Conran cross body bag
at Debenhams, pounds 40, is roomy and bang on trend. IS it a loafer?
Is it a shoe boot? We're not sure and we don't care but we do know these
beauties from New Look, pounds 34.99, will fly out. THIS Freak is
definitely chic ... cult beauty brand Illamasqua, just opened in the Metquarter,
has launched its debut fragrance Freak which promises to be both daring and
provocative. 75ml EDP, pounds 59, in store or at www.illamasqua.com |
|
In pursuit of the white stuff: whereas skiing is not instantly
associated with the Middle East region, the activity is set to grow in the
years to come, as multimillion-dollar investments begin to pay dividends
The Middle East
01 November 2011
By Wells, Rhona
|
[What follows is
the full text of the article.] IF IT'S YEAR
ROUND SKIING YOU ARE looking for, look no further than Dubai's Emirate Mall.
Opened in December 2005, it boasts the world's third-largest indoor ski
slope, measuring 400 metres and using 6,000 tons of snow. Ski Dubai resort is
the first Dubai indoor ski slope to open in the region; it will be followed
by another due to open in Dubailand. Instead of the traditional apresski
activities, there is shopping galore or the joys of the beach, making it a
true snow and sand experience. But if the
conventional outdoor slopes are more to your taste, head for Lebanon, Iran,
Turkey or Morocco. Lebanon has long
been a celebrated area for skiing. Back in the 1930s, when it began to take off,
there were no lifts, so skiers had to hike to the tops of their slopes, a
real investment of both time and effort! According to an early president of
the local ski federation: "We rented wooden skis, old-fashioned leather
boots with simple bindings and walked up the slope. To keep from slipping, we
put fox skins under our skis." The effort clearly paid off because the
Lebanese ski team has competed in almost every Winter Olympics to be held
since 1948, missing only the 1994 and 1998 events. From past to
present day It was the
French army that really brought Lebanon's skiing potential into the public
eye. To train soldiers in mountain patrol techniques, the French set up a ski
school near the Cedars in the northern part of the country but it was not
until the early 1950s that the first ski lift was built--a small one that
only functioned for just one month out of every 12. After a couple of years,
the Lebanese government built a second, much larger lift in the Cedars, which
remains a popular destination for skiers from across the world. The natural
amphitheatre created by the surrounding mountains means the runs are visible
from top to bottom. Due to its high elevation (2,000 metres), the Cedars
resort winter season is longer than most, sometimes stretching from early
November through to late April. Cross-country skiers will also find trails
unmatched elsewhere in the country and snowmobiling trips are also on the
increase. Lebanon now
boasts six main resorts, ranging from 1,650 metres to 3,086 metres in altitude;
Faray Mzaar, 50 km from Beirut is well geared up for more tourism, offering
some 42 pistes covering 80 km with all levels of ability catered for. A more
traditional atmosphere can be found in the old village Qanat Bakish, open as
a resort since 1967. The season runs from December through to April,
similarly to neighbouring Turkey, where skiing is still in its infancy but
progressing; the variety of terrain will keep most skiers happy. Erzurum
Palandoken is one of the most challenging resorts, with a vertical descent of
900 metres. Like Lebanon, Antalya-Saklikent's proximity to the sea offers
variety to those who are inclined to enjoy the slopes in the morning and a
dip in the Mediterranean in the afternoon. A lesser-known
destination for this sports activity, yet well established, with resorts
dating back to 1938, is Iran: it which boasts 12 resorts, three of them near
Tehran. The Islamic Republic offers resorts higher than European ones, some
towering to 3,730 metres, with snow guaranteed. In tourism terms, Syria has
also started the process of taking up the ski challenge. In 2006, Syrian
Investment Authority director, Mustafa Kafri, unveiled plans for a $16
billion ski resort, to be built on the eastern and northern slopes of Mount
Hermon. Financed by a consortium of Saudi, Kuwaiti and Syrian investors, with
the support of the Syrian government, the project is expected to yield yet
more opportunity for the winter sports enthusiast to venture out of familiar
territory. Atlas snows Morocco is also
planning to become an international class skiing destination. Just 45 miles
from Marrakech in the High Atlas, Oukaimeden is Africa's highest ski resort.
The village is perched at a height of 2,600m with a chairlift rising to the
peak of Jebel Attar at 3,258m and servicing five exciting runs at this
height. There are also four drag lifts servicing the nursery and intermediate
slopes with many of the facilities one would typically find in a European
resort. "Oukaimeden, which means 'valley of four winds', is set to
become the ultimate four-season mountain destination for recreation,
entertainment, relaxation and residence as well as becoming the Middle East
and Africa's only golf and ski resort," according to the UAE company
Emaar, who have a substantial investment in the development of the resort.
Oukaimeden caters for downhill and cross-country skiers as well as
snowboarders. Currently, the season is short with the best snow running only
from mid January to mid February but Emaar has ambitious plans to introduce artificial
snow to increase the length of the season to year round. When conditions are
good there are up to 13 miles of runs, the longest being nearly two miles in
length, and sturdy mules are for hire to access terrain not served by the
lifts, opening up some impressive steeps and chutes. With 2,000 hotel rooms,
more than 300 retail units and 25,000 sqare metres of business and conference
facilities planned, Oukaimeden will be a year-round hive of activity.
|
|
A study made of the white stuff
The Independent (London, England)
31 August 2011
|
[What follows is
the full text of the article.] Blessed are the
cheesemakers." Not far into Deborah Valenze's 3,000-year history, it is apparent
that instinct long anticipated wisdom. The Ancients' appreciation of milk
was, around the time of the Great War, dignified with, or reduced to, the
term "vitamin A". Governments urged its merits, but all educational
drives pall beside the case of Bernard of Clairvaux. The Life of
Brian gag was more astute than Monty Python realised. In the 12th century,
the Virgin Mary came to Bernard, unveiling a breast and squeezing three drops
of milk into his mouth. This became a familiar image, spectacularly so in
Alonso Cano's painting, where she directs it from some distance. As Valenze
observes of this "miraculous arc of milk", its "startling
literalness evokes amusement from modern viewers, separated as we are by
several hundred years from the unmediated physicality of the Middle Ages. Yet
the legend and its image speak volumes about the powerful hold of sacred milk
on the western European imagination". Valenze is
attuned to all the eras that she traverses, back to that of Isis in Egypt,
"a stately seated figure, her breasts exposed". Though her husband
Osiris also possessed a vital organ, Isis outlived him, making copies of his
phallus "which she then distributed for use in worship". Adept in
theology, history, sociology and more, Valenze delights in cheese. Whether
deliberating upon biology or the fact that gustatory preferences brought cows
rather than goats upon our fields, she is equally incisive at summarising
such calamities as the use of spent distillery grain for animal feed in
19th-century New York. Industrialisation
and malnourishment form a substantial section of the book, from which Elmer
McCollum emerges a hero. Born in 1879 to Tennessee farmers, he grew up in
poverty alleviated by poetry and was saved from scurvy by strawberries
(vitamin C). At university, he eked out income by lab work, after instinct
had told him a cow's eating was crucial to its udders. What was more, he
appreciated the Wisconsin dictum "speak to a cow as you would to a
lady". In 1912, after feeding rats with fats, he hit upon vitamin A (the
word being a conflation of "vita" and "amine"). The tragedy is
that, a century on, many now speak to a cow as they would a robot, filling
supermarket shelves with products which would do Bernard of Clairvaux no good
at all.
|
|
The white stuff is going green ..
The Daily Mail (London, England)
31 January 2011
By LAURA POWELL
|
[What follows is
the full text of the article.] It IS an eco-friendly
invention that could soon sit in every fridge. Yet the GreenBottle, a twist
on the traditional milk bottle, has humble beginnings. the inventor,
Martin Myerscough, knew 15 million plastic milk bottles are used every day in
the UK. He also knew that each takes 500 years to decompose and can be
recycled only once. What he didn't
know was how to invent an environmentally-friendly substitute. Until, that
is, he saw his son's school science project -- a balloon made from papier mache.
So, he set about making a bottle made of papier mache. to keep the milk
fresh, he fitted the paper shell with a removable plastic lining. the shell
can be recycled up to seven times. It is already
being trialled at asda shops in east anglia. How about that for an udderly
brilliant idea! LAURA POWELL
|
|
White stuff woes will melt but big headaches remain
The Evening Standard (London, England)
06 January 2011
By Russell Lynch COMMENT
|
[What follows is
the full text of the article.] TO BORROW a
phrase from football manager and lessrenowned economic commentator Iain
Dowie, the "bouncebackability" of the UK economy will be put to the
test over the months ahead as businesses seek to make up the ground lost to
the snow. The good news is
that, based on precedent, the signs are pretty positive. Remember that when
Britain last disappeared under a blanket of white in January last year,
bringing now-familiar chaos to retailers, manufacturers and builders, the
British economy grew at its fastest pace for a decade in the very next
quarter. Construction
played a big part in that as building work powered ahead when the snow
cleared, but manufacturing and services firms also rallied strongly and the
overall impact on the economy was marginal. But there will be losers and
winners, a few examples of which are shown up by today's service sector data.
Restaurants and hotels suffer from cancelled trips and meals, one example of
spending unlikely to be made up in January, but on the other hand, people
still have to eat and spend their money in supermarkets and local shops
instead. Shoppers may
also be less inclined to shell out money they might have spent before
Christmas in January, but again they may well have splashed out on a few warm
jumpers when the snows hit: the pattern of consumption may change more
drastically than the overall amounts spent. So the snow is a
major short-term headache, but not an insurmountable one. But the wider
picture is more worrying: last year Government spending was still there to
help the UK bounce back from the weather, this year the public spending
clampdown is kicking in and VAT is up. With more
potential eurozone turbulence threatening hopes of an export-led recovery,
the white stuff will be at the bottom of policymakers' list of worries. |
|
Annual Profit & Loss
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
|
|
|
|
|
|
|
01-May-2010 |
02-May-2009 |
03-May-2008 |
28-Apr-2007 |
29-Apr-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.625432 |
0.608067 |
0.498478 |
0.523963 |
0.563487 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
133.5 |
- |
- |
- |
40.9 |
|
Turnover (Exports) |
0.4 |
- |
- |
- |
0.6 |
|
Total Turnover |
133.9 |
96.1 |
89.6 |
60.1 |
41.4 |
|
Cost of Sales |
48.1 |
35.3 |
34.3 |
25.9 |
17.6 |
|
Gross Profit |
85.7 |
60.8 |
55.3 |
34.2 |
23.9 |
|
Depreciation |
3.6 |
3.0 |
2.8 |
1.6 |
1.2 |
|
Other Expenses |
62.6 |
46.4 |
41.9 |
29.7 |
20.2 |
|
Other Income |
0.2 |
0.5 |
0.8 |
1.2 |
0.2 |
|
Interest Paid |
0.1 |
0.0 |
0.1 |
0.0 |
0.0 |
|
Exceptional Income |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit Before Taxes |
23.3 |
15.1 |
14.1 |
5.7 |
3.9 |
|
Tax Payable / Credit |
3.8 |
4.9 |
4.8 |
2.1 |
1.4 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
34.8 |
6.6 |
0.0 |
0.4 |
0.0 |
|
Profit After Taxes |
-15.4 |
3.6 |
9.3 |
3.2 |
2.6 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.3 |
0.0 |
0.1 |
0.0 |
0.0 |
|
Non Audit Fees |
0.2 |
0.1 |
0.0 |
- |
- |
|
Number of Employees |
1,112 |
811 |
614 |
436 |
356 |
|
Wages |
25.4 |
21.2 |
20.4 |
14.1 |
9.6 |
|
Social Security Costs |
2.1 |
1.9 |
1.9 |
1.2 |
0.9 |
|
Pensions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Employees Remuneration |
27.5 |
23.2 |
22.4 |
15.3 |
10.5 |
|
Directors Emoluments |
2.2 |
2.3 |
4.5 |
3.3 |
0.5 |
|
Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
2.2 |
2.3 |
4.5 |
3.3 |
0.6 |
|
Highest Paid Director |
0.2 |
1.1 |
1.3 |
1.4 |
0.2 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
01-May-2010 |
02-May-2009 |
03-May-2008 |
28-Apr-2007 |
29-Apr-2006 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.653317 |
0.673129 |
0.506355 |
0.499488 |
0.550161 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
- |
7.5 |
5.0 |
- |
2.2 |
|
Fixtures & Fittings |
- |
1.6 |
1.0 |
- |
0.7 |
|
Plant & Vehicles |
- |
5.1 |
6.8 |
- |
2.3 |
|
Total Tangible Fixed Assets |
17.1 |
14.2 |
12.7 |
8.5 |
5.1 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
17.1 |
14.2 |
12.7 |
8.5 |
5.1 |
|
Stocks |
10.3 |
7.8 |
8.6 |
7.2 |
4.6 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
10.3 |
7.8 |
8.6 |
7.2 |
4.6 |
|
Trade Debtors |
2.0 |
1.8 |
1.8 |
2.3 |
1.0 |
|
Inter-Company Debtors |
18.9 |
- |
- |
- |
- |
|
Other Debtors |
1.8 |
4.6 |
5.5 |
2.6 |
2.1 |
|
Total Debtors |
22.7 |
6.5 |
7.3 |
4.9 |
3.0 |
|
Cash and Equivalents |
7.2 |
9.9 |
12.7 |
7.0 |
3.8 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
40.2 |
24.1 |
28.6 |
19.1 |
11.5 |
|
Total Assets |
57.3 |
38.3 |
41.3 |
27.6 |
16.6 |
|
Trade Creditors |
7.2 |
6.3 |
5.7 |
5.1 |
2.5 |
|
Bank Overdraft |
8.0 |
- |
- |
- |
- |
|
Accruals/Deferred Income (Current Liability) |
10.3 |
7.3 |
6.5 |
6.6 |
2.6 |
|
Social Security/VAT |
1.6 |
1.5 |
2.5 |
1.5 |
1.5 |
|
Corporation Tax |
1.5 |
2.1 |
3.0 |
1.1 |
1.4 |
|
Other Current Liabilities |
0.9 |
0.9 |
0.9 |
0.5 |
0.2 |
|
Total Current Liabilities |
29.5 |
18.1 |
18.6 |
14.9 |
8.1 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
19.9 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
19.9 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
Other Provisions |
0.0 |
0.5 |
0.1 |
0.1 |
0.1 |
|
Total Provisions |
0.0 |
0.5 |
0.1 |
0.2 |
0.1 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
3.1 |
0.8 |
1.1 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
4.7 |
18.9 |
21.5 |
12.5 |
8.3 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
7.8 |
19.7 |
22.6 |
12.5 |
8.3 |
|
Net Worth |
7.8 |
19.7 |
22.6 |
12.5 |
8.3 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
01-May-2010 |
02-May-2009 |
03-May-2008 |
28-Apr-2007 |
29-Apr-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period
Average) |
0.625432 |
0.608067 |
0.498478 |
0.523963 |
0.563487 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Net Cash Flow From Operating Activities |
- |
19.7 |
15.4 |
9.5 |
2.3 |
|
Net Cash Flow from ROI and Servicing of Finance |
- |
0.3 |
0.6 |
0.3 |
0.2 |
|
Taxation |
- |
-4.8 |
-3.0 |
-2.4 |
-0.1 |
|
Capital Expenditures |
- |
-8.1 |
-7.2 |
-4.4 |
-2.9 |
|
Acquisitions and Disposals |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Paid Up Equity |
- |
-6.6 |
0.0 |
0.0 |
0.0 |
|
Management of Liquid Resources |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Net Cash Flow From Financing |
- |
0.0 |
0.0 |
-0.4 |
0.0 |
|
Increase in Cash |
- |
0.4 |
5.9 |
2.6 |
-0.5 |
|
|
|
Annual Ratios |
|
Financials in: USD
(mil) |
|
|
|
|
|
01-May-2010 |
02-May-2009 |
03-May-2008 |
28-Apr-2007 |
29-Apr-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.653317 |
0.673129 |
0.506355 |
0.499488 |
0.550161 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
1.36 |
1.33 |
1.54 |
1.28 |
1.41 |
|
Liquidity Ratio |
1.01 |
0.90 |
1.07 |
0.80 |
0.84 |
|
Stock Turnover |
12.39 |
11.20 |
10.01 |
8.72 |
9.20 |
|
Credit Period (Days) |
5.67 |
7.62 |
7.62 |
13.27 |
8.32 |
|
Working Capital by Sales |
8.32% |
6.94% |
11.56% |
6.70% |
7.84% |
|
Trade Credit by Debtors |
3.60 |
3.50 |
3.15 |
2.24 |
2.60 |
|
Return on Capital |
80.26% |
67.35% |
60.00% |
46.62% |
47.71% |
|
Return on Assets |
38.88% |
35.51% |
33.02% |
21.50% |
24.24% |
|
Profit Margin |
17.38% |
15.67% |
15.78% |
9.42% |
9.46% |
|
Return on Shareholders Funds |
284.87% |
69.01% |
60.33% |
47.36% |
48.18% |
|
Borrowing Ratio |
357.70% |
- |
- |
- |
- |
|
Equity Gearing |
13.65% |
51.45% |
54.72% |
45.40% |
50.31% |
|
Debt Gearing |
254.94% |
- |
- |
- |
- |
|
Interest Coverage |
171.22 |
- |
163.64 |
2,143.05 |
- |
|
Sales by Tangible Assets |
7.50 |
6.12 |
6.79 |
7.41 |
8.34 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Capital Employed per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.1 |
0.0 |
0.1 |
0.1 |
0.0 |
|
Employee Remuneration by Sales |
20.56% |
24.11% |
24.99% |
25.53% |
25.42% |
|
Creditor Days (Cost of Sales Based) |
56.84 |
72.70 |
62.82 |
69.05 |
50.94 |
|
Creditor Days (Sales Based) |
20.44 |
26.67 |
24.04 |
29.77 |
21.60 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.17 |
|
|
1 |
Rs.80.64 |
|
Euro |
1 |
Rs.69.43 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.