MIRA INFORM REPORT

 

 

Report Date :           

30.11.2011

 

IDENTIFICATION DETAILS

 

Name :

KIREI LTD.

 

 

Registered Office :

211 Westbourne Park Road, London, W11 1EA

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

15.10.2007

 

 

Com. Reg. No.:

06399171

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Dormant Company

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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 name & address

 

Kirei Ltd.

211 Westbourne Park Road

London, W11 1EA

United Kingdom

 

 

Synthesis

 

Employees:                  NA

Company Type:            Private Independent

Quoted Status:             Non-quoted Company

Incorporation Date:         15-Oct-2007

Auditor:                        Alvis & Co (Accountants) Ltd.    

Financials in:                 USD (Millions)

Fiscal Year End:            31-Mar-2011

Reporting Currency:       British Pound Sterling

Annual Sales:               NA

Total Assets:                1.4

 

 

Business Description

 

Dormant.

 

Industry

Industry            Apparel and Accessories

ANZSIC 2006:    371 - Textile, Clothing and Footwear Wholesaling

NACE 2002:      5142 - Wholesale of clothing and footwear

NAICS 2002:     4243 - Apparel, Piece Goods, and Notions Merchant Wholesalers

UK SIC 2003:    5142 - Wholesale of clothing and footwear

US SIC 1987:    513 - Apparel, Piece Goods, and Notions

 

           

Key Executives   

 

Name               Title    

Hina Moss         Secretary         

Neville Moss      Director

 

Financial Summary    

 

FYE: 31-Mar-2011          USD (mil)

Key Figures    

Current Assets              1.38

Fixed Assets                 0.0083

Total Liabilities               1.31

Net Worth                     0.07

 

Key Ratios

Current Ratio                 1.05

Acid Test                      1.05

 

Registered No.(UK): 06399171

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6433939

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6238497

 

 

Corporate Overview

 

Location

211 Westbourne Park Road

London, W11 1EA

London County

United Kingdom

           

Sales GBP(mil):             NA

Assets GBP(mil):           0.9

Employees:                   NA

Fiscal Year End:            31-Mar-2011

Industry:                        Apparel and Accessories

           

Registered Address:

211 Westbourne Park Road

London, W11 1EA

United Kingdom

 

Incorporation Date:         15-Oct-2007

Company Type:             Private Independent

Quoted Status:              Not Quoted

Registered No.(UK):       06399171

Director:                        Neville Moss

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

Industry Codes

 

ANZSIC 2006 Codes:

371       -          Textile, Clothing and Footwear Wholesaling

 

NACE 2002 Codes:

5142     -          Wholesale of clothing and footwear

 

NAICS 2002 Codes:

4243     -          Apparel, Piece Goods, and Notions Merchant Wholesalers

 

US SIC 1987:

513       -          Apparel, Piece Goods, and Notions

 

UK SIC 2003:

5142     -          Wholesale of clothing and footwear

 

Business Description

Dormant.

 

Financial Data

Financials in:

GBP(mil)

 

Assets:

0.9

Current Assets:

0.9

 

Fixed Assets:

0.0

 

Long Term Debt:

0.0

 

Total Liabilities:

0.8

 

Issued Capital:

0.0

 

Working Capital:

0.0

 

Net Worth:

0.0

 

 

 

Date of Financial Data:

31-Mar-2011

 

1 Year Growth

NA

 

Key Corporate Relationships

Auditor:

Alvis & Co (Accountants) Ltd.

 

Auditor:

Alvis & Co (Accountants) Ltd.

 

 

 

 

 

 

 

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Neville Moss

 

Director

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Hina Moss

 

Secretary

Company Secretary

 

 

 

Directors and Shareholders Report

 

Main Office Address:
211 Westbourne Park Road
London
United Kingdom W11 1EA

 

Annual Return Date: 15 Oct 2011

 

Individual Directors

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Hina 
Moss

Current

10 Aug 1961

18 Riverdale Road, 
Twickenham, Middlesex TW1 2BS

15 Oct 2007

NA

Current:2
Previous:0
Disqualifications:0

 

Neville 
Moss

Current

25 Jan 1961

18 Riverdale Road, 
Twickenham, Middlesex TW1 2BS

29 Sep 2011

NA

Current:1
Previous:0
Disqualifications:0

 

Lisa Michelle 
Friedi

Previous

31 Jul 1965

Garden Flat, 64 Pembridge Villas, 
Notting Hill, London W11 3ET

15 Oct 2007

15 Oct 2007

Current:0
Previous:1
Disqualifications:0

 

Lisa 
Friedl

Previous

31 Jul 1965

Flat 1 64 Pembridge Villas, 
Notting Hill, London W11 3ET

01 Mar 2009

29 Sep 2011

Current:1
Previous:2
Disqualifications:0

 

Amanda Jane 
Balchin

Previous

NA

Unit 4/59 Kalymnos Drive, Karama, 
Darwin, North Territory

15 Oct 2007

01 Mar 2009

Current:0
Previous:1
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Company Directors Limited

Previous

788-790 Finchley Road, 
London , London NW11 7TJ

15 Oct 2007

15 Oct 2007

 

 

 

Individual Secretaries

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Hina 
Moss

Current

10 Aug 1961

18 Riverdale Road, 
Twickenham, Middlesex TW1 2BS

15 Oct 2007

NA

Current:2
Previous:0
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Secretaries

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Slk Accountancy Services Limited

Previous

30 Windermere Road, 
Bexleyheath, Kent DA7 6PW

15 Oct 2007

15 Oct 2007

 

 

 

 

Individual Shareholders

Name

Share Details 
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Hina Moss

1 Ordinary GBP 1.00

Ordinary

1

1.00

1.00

50.00

Lisa Michelle Friedl

1 Ordinary GBP 1.00

Ordinary

1

1.00

1.00

50.00

 

 

 

 

 

 

 

 

Corporate Shareholders

There are no corporate shareholders for this company.

 

 

 

 

Annual Profit & Loss

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Mar-2011

31-Mar-2010

31-Mar-2009

31-Mar-2008

Period Length

52 Weeks

52 Weeks

52 Weeks

23 Weeks

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.643394

0.627794

0.592803

0.498361

Consolidated

No

No

No

No

 

 

 

 

 

Depreciation

0.0

0.0

0.0

-

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Mar-2011

31-Mar-2010

31-Mar-2009

31-Mar-2008

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate

0.62385

0.659239

0.697666

0.503145

Consolidated

No

No

No

No

 

 

 

 

 

Land & Buildings

-

-

-

0.0

Fixtures & Fittings

-

-

-

0.0

Plant & Vehicles

-

-

-

0.0

Total Tangible Fixed Assets

0.0

0.0

0.0

0.0

Intangible Assets

0.0

0.0

0.0

0.0

Investments

0.0

0.0

0.0

0.0

Total Fixed Assets

0.0

0.0

0.0

0.0

Stocks

0.0

0.0

0.0

0.0

Work in Progress

0.0

0.0

0.0

0.0

Total Stocks Work In Progress

0.0

0.0

0.0

0.0

Trade Debtors

-

-

-

0.0

Inter-Company Debtors

-

-

-

0.0

Director Loans

-

-

-

0.0

Other Debtors

-

-

-

0.0

Total Debtors

1.2

0.5

0.1

0.0

Cash and Equivalents

0.2

0.1

0.1

0.0

Other Current Assets

0.0

0.0

0.0

0.0

Total Current Assets

1.4

0.6

0.2

0.0

Total Assets

1.4

0.6

0.2

0.0

Trade Creditors

-

-

-

0.0

Bank Overdraft

-

-

-

0.0

Inter-Company Creditors

-

-

-

0.0

Director Loans (Current Liability)

-

-

-

0.0

Hire Purchase (Current Liability)

-

-

-

0.0

Finance Lease (Current Liability)

-

-

-

0.0

Total Finance Lease/Hire Purchase (Current Liability)

-

-

-

0.0

Total Short Term Loans

-

-

-

0.0

Accruals/Deferred Income (Current Liability)

-

-

-

0.0

Social Security/VAT

-

-

-

0.0

Corporation Tax

-

-

-

0.0

Dividends (Current Liability)

-

-

-

0.0

Other Current Liabilities

1.3

0.5

0.2

0.0

Total Current Liabilities

1.3

0.5

0.2

0.0

Group Loans (Long Term Liability)

0.0

0.0

0.0

0.0

Director Loans (Long Term Liability)

0.0

0.0

0.0

0.0

Hire Purchase (Long Term Liability)

0.0

0.0

0.0

0.0

Leasing (Long Term Liability)

0.0

0.0

0.0

0.0

Total Hire Purchase Loans (Long Term Liability)

0.0

0.0

0.0

0.0

Other Long Term Loans

0.0

0.0

0.0

0.0

Accruals/Deferred Income (Long Term Liability)

0.0

0.0

0.0

0.0

Other Long Term Liabilities

0.0

0.0

0.0

0.0

Total Long Term Liabilities

0.0

0.0

0.0

0.0

Deferred Taxation

-

0.0

0.0

0.0

Other Provisions

0.0

0.0

0.0

0.0

Total Provisions

0.0

0.0

0.0

0.0

Issued Capital

0.0

0.0

0.0

0.0

Share Premium Accounts

0.0

0.0

0.0

0.0

Revaluation Reserve

0.0

0.0

0.0

0.0

Retained Earnings

0.1

0.1

0.0

0.0

Other Reserves

0.0

0.0

0.0

0.0

Minority Interests (Balance Sheet)

0.0

0.0

0.0

0.0

Total Shareholders Funds

0.1

0.1

0.0

0.0

Net Worth

0.1

0.1

0.0

0.0

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

31-Mar-2011

31-Mar-2010

31-Mar-2009

31-Mar-2008

Period Length

52 Weeks

52 Weeks

52 Weeks

23 Weeks

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.643394

0.627794

0.592803

0.498361

Consolidated

No

No

No

No

 

 

 

 

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Mar-2011

31-Mar-2010

31-Mar-2009

31-Mar-2008

Period Length

52 Weeks

52 Weeks

52 Weeks

23 Weeks

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate

0.62385

0.659239

0.697666

0.503145

Consolidated

No

No

No

No

 

 

 

 

 

Current Ratio

1.05

1.13

0.96

-

Liquidity Ratio

1.05

1.13

0.96

-

Equity Gearing

5.10%

12.45%

-0.65%

100.00%

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.93

UK Pound

1

Rs.80.62

Euro

1

Rs.69.37

 

 

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.