MIRA INFORM REPORT

Report Date :

01.10.2011

IDENTIFICATION DETAILS

Correct Name :	DESTINATION WORLD TRAVEL (UK) LTD.

Formerly Known As :	KALYPSO ADVENTURES (UK) LTD

Registered Office :	Amc Building, 2a Boswell Road, Thornton Heath, Surrey Cr7 7ry

Country :	United Kingdom

Financials (as on) :	31.12.2007

Date of Incorporation :	03.12.2003

Com. Reg. No.:	04984001

Legal Form :	Private limited with Share Capital

Line of Business :	Tour Operaor

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Dissolved

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

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

Company Name	DESTINATION WORLD TRAVEL (UK) LTD.	Company Number	04984001
Registered Address	AMC BUILDING, 2A BOSWELL ROAD,	Trading Address	Coltwood House 2 Tongham Road Runfold Farnham, Surrey GU10 1PH
	THORNTON HEATH
	SURREY
	CR7 7RY

Website Address	-
Telephone Number	-	Fax Number
TPS	-	FPS	No
Incorporation Date	03/12/2003	Company Status	Company is dissolved
Previous Name	KALYPSO ADVENTURES (UK) LTD	Type	Private limited with Share Capital
		Filing Date of Accounts	28/07/2009
Date of Change	08/09/2009	Share Capital	£1
Sic Code	7414	Currency	GBP
Sic Description	BUSINESS & MANAGEMENT CONSULTANCY ACTIVITIES
Principal Activity	Tour operaor.

CREDIT RECOMENDATION

Credit Limit: No credit limit recommended.

Last 3 Years Credit Limit

Date	Limit
31/12/2010	-
31/12/2009	-
31/12/2008	£2,000

Unfortunately Atradius Collections are unable to chase / collect debts placed against companies whose status is

one of the following: Non Trading, In Administration, In Liquidation, Company is dissolved, Dormant Company

Limit History

Date	Limit
04/02/2010	-
14/11/2009	-
02/10/2009	£0
19/08/2009	£2,000
31/07/2009	£1,500
16/06/2009	-
28/05/2009	-
23/01/2009	£0
15/11/2007	£2,000
07/11/2007	£1,000

DIRECTORS/MANAGEMENT

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	9

Current Directors

Name	Suneel Mookul Marathur	Date of Birth	04/02/1958
Officers Title	Mr	Nationality	Indian
Present Appointments	3	Function	Director
Appointment Date	10/08/2009
Address	12a Finchley Court, Ballards Lane, London, N3 1NH
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Amitabh Sharma	Date of Birth	11/01/1969
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	06/12/2006
Address	Coltwood House, 2 Tongham Road Runfold, Farnham, GU10 1PH
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Suneel Mookulmarathur	Date of Birth	04/02/1958
Officers Title	Mr	Nationality	Indian
Present Appointments	1	Function	Company Secretary
Appointment Date	01/11/2008
Address	12a Finchley Court Ballards Lane, , London, N3 1NH

NEGATIVE INFORMATION

CCJ

Total Number of Exact CCJs -	1	Total Value of Exact CCJs -	£1,667
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

Date	Court	Amount	Status	Case Number	Date Paid
17/12/2009	NORTHAMPTON CCBC	£1,667	Judgement	9QG86539	-

Possible CCJ Details

There are no possible CCJ details

Writ Details

There are no writ details

SHARE & SHARE CAPITAL INFORMATION

Top 20 Shareholders

Name	Individual Share Value
SUNEEL MOOKULMARATHUR	1 ORDINARY GBP 1.00

PAYMENT INFORMATION

Mortgage Summary

Outstanding	0
Satisfied	0

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Structure Summary

Company Name	DESTINATION WORLD TRAVEL (UK) LTD.	Company Number	04984001
Holding Company	-	Ownership Status
Ultimate Holding Company	-	Companies in group	-

Group structure

No group structure

FINANCIAL INFORMATION

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/12/2007	-	-	£57,122	-
31/12/2006	£190,000	£11,901	£11,902	-
31/12/2005	-	-	£1	-

Profit & Loss

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Weeks	52	(%)	52	(%)	52	(%)	56	(%)	-
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	-
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	-
Turnover	-	-	£190,000	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	£161,750	-	-	-	-	-	-
Gross Profit	-	-	£28,250	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	£11,808	-	-	-	-	-	-
Depreciation	£1,720	-	-	-	-	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	£11,901	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	£11,901	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	£11,901	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Tangible Assets	£6,880	91.1%	£3,600	-	0	-	0	-	-
Intangible Assets	0	-	0	-	0	-	0	-	-
Total Fixed Assets	£6,880	91.1%	£3,600	-	0	-	0	-	-
Stock	0	-	0	-	0	-	0	-	-
Trade Debtors	£50,000	66.7%	£30,000	-	0	-	0	-	-
Cash	£6,936	999.9%	£285	999.9%	£14	-	£14	-	-
Other Debtors	0	-	0	-	0	-	0	-	-
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	-
Total Current Assets	£56,936	88%	£30,285	999.9%	£14	-	£14	-	-
Trade Creditors	0	-	0	-	0	-	0	-	-
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	-
Other Short Term Finance	0	-	0	-	0	-	0	-	-
Miscellaneous Current Liabilities	0	-	0	-100%	£13	-	£13	-	-
Total Current Liabilities	0	-	0	-100%	£13	-	£13	-	-
Bank Loans & Overdrafts and LTL	£6,694	-69.5%	£21,983	-	0	-	0	-	-
Other Long Term Finance	0	-	0	-	0	-	0	-	-
Total Long Term Liabilities	£6,694	-69.5%	£21,983	-	0	-	0	-	-

Capital & Reserves

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Called Up Share Capital	£1	-	£1	-	£1	-	£1	-	-
P & L Account Reserve	£57,121	380%	£11,901	-	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£57,122	379.9%	£11,902	999.9%	£1	-	£1	-	-

Other Financial Items

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Net Worth	£57,122	379.9%	£11,902	999.9%	£1	-	£1	-	-
Working Capital	£56,936	88%	£30,285	999.9%	£1	-	£1	-	-
Total Assets	£63,816	88.3%	£33,885	999.9%	£14	-	£14	-	-
Total Liabilities	£6,694	-69.5%	£21,983	999.9%	£13	-	£13	-	-
Net Assets	£57,122	379.9%	£11,902	999.9%	£1	-	£1	-	-

Cash Flow

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/12/07	(%)	31/12/06	(%)	31/12/05	(%)	31/12/04	(%)	-
Contingent Liability	NO	-	NO	-	NO	-	NO	-	-
Capital Employed	£63,816	88.3%	£33,885	999.9%	£1	-	£1	-	-
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/12/07	31/12/06	31/12/05	31/12/04	-
Pre-tax profit margin %	-	6.26	-	-	-
Current ratio	-	-	1.08	1.08	-
Sales/Net Working Capital	-	6.27	-	-	-
Gearing %	11.70	184.70	0	0	-
Equity in %	89.50	35.10	7.10	7.10	-
Creditor Days	-	-	-	-	-
Debtor Days	-	57.47	-	-	-
Liquidity/Acid Test	-	-	1.08	1.08	-
Return On Capital Employed %	-	35.12	-	-	-
Return On Total Assets Employed %	-	35.12	-	-	-
Current Debt Ratio	-	-	13	13	-
Total Debt Ratio	0.11	1.84	13	13	-
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	99.99	-	-	-

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Status History

Date	Description
20/05/2010	Dissolution (Final)
04/02/2010	Dissolution (First Gazt)
16/06/2009	Compulsory strike off cancelled
28/05/2009	Dissolution (First Gazt)

Event History

Date	Description
11/09/2009	Change of Name
19/08/2009	New Board Member Mr S. Mookul Marathur appointed
31/07/2009	New Accounts Filed
31/07/2009	Mr S. Mokul Marathur has left the board
31/07/2009	Mr S. Modkul Marathur has left the board
15/06/2009	Annual Returns
12/06/2009	Change in Reg.Office
12/06/2009	Change of Company Postcode
12/06/2009	Mr P.R. Rickwood has resigned as company secretary
12/06/2009	Mr P.R. Rickwood has left the board
12/06/2009	New Company Secretary Mr S. Mookulmarathur appointed
23/01/2009	Accounts Overdue
26/09/2008	K. Khagram has left the board
17/09/2008	New Board Member Mr S. Mokul Marathur appointed
23/06/2008	Change in Reg.Office

Rating History

Date	Description
20/05/2010	Company is dissolved
16/03/2010	Financial Statements too old
04/02/2010	Dissolution
14/11/2009	Financial Statements too old
02/10/2009	Caution - Credit at your discretion
19/08/2009	Good Credit Worthiness
31/07/2009	Good Credit Worthiness
16/06/2009	Financial Statements too old
28/05/2009	Dissolution
23/01/2009	Financial Statements too old

Limit History

Date	Limit
04/02/2010	-
14/11/2009	-
02/10/2009	£0
19/08/2009	£2,000
31/07/2009	£1,500
16/06/2009	-
28/05/2009	-
23/01/2009	£0
15/11/2007	£2,000
07/11/2007	£1,000

Previous Company Names

Date	Previous Name
08/09/2009	KALYPSO ADVENTURES (UK) LTD
12/12/2006	PLATTEN EVENTS AND MARKETING LTD
21/07/2004	PLATTEN LTD

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.93
UK Pound	1	Rs.76.52
Euro	1	Rs.66.65

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.