MIRA INFORM REPORT

 

 

Report Date :           

05.10.2011

 

IDENTIFICATION DETAILS

 

Name :

UNITED TRADING LTD.

 

 

Registered Office :

4Th Floor Lawford House, Albert Place, London , N3 1RL

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

09.12.1999

 

 

Com. Reg. No.:

03891734

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Other business activities

 

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 :

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 31st, 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 name & address 

                                                             

United Trading Ltd.

4Th Floor Lawford House

Albert Place

London , N3 1RL

United Kingdom

 

 

Synthesis

 

Employees:                  NA

Company Type:            Private Independent

Quoted Status:             Non-quoted Company

Incorporation Date:         09-Dec-1999    

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       British Pound Sterling

Annual Sales:               NA

Total Assets:                0.0

 

 

Business Description     

 

Other business activities

 

Industry

Industry            Business Services

ANZSIC 2006:    6999 - Other Professional, Scientific and Technical Services Not Elsewhere Classified

NACE 2002:      7487 - Other business activities not elsewhere classified

NAICS 2002:     5619 - Other Support Services

UK SIC 2003:    7487 - Other business activities not elsewhere classified

US SIC 1987:    7389 - Business Services, Not Elsewhere Classified

 

           

Key Executives   

 

Name                           Title    

Stephen John Kelly        Consultant        


News   

 

Title

Date

The artist with an eye on the world
Kuwait Times (633 Words)

29-Apr-2011

Umbrellas from Rainco for ICC WC fans
Sri Lanka Daily News (136 Words)

7-Mar-2011

Consumer: Egypt
Business Middle East (170 Words)

15-Nov-2010

Egypt business: Anwal United sells 85% stake in Omar Effendi
EIU Viewswire (159 Words)

13-Nov-2010


Financial Summary  

 

 

FYE: 31-Dec-2009

USD (mil)

Key Figures

 

Current Assets

0.05

Total Liabilities

0.0000

Net Worth

0.04

 

Key Ratios

 

Current Ratio

11.64

 

Registered No.(UK): 03891734

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6415077

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6192526

 

 

Corporate Overview

 

Location

4Th Floor Lawford House

Albert Place

London , N3 1RL

London County

United Kingdom

           

Sales GBP(mil):             NA

Assets GBP(mil):           0.0

Employees:                   NA

Fiscal Year End:            31-Dec-2009

Industry:                        Business Services

Incorporation Date:         09-Dec-1999

Company Type:             Private Independent

Quoted Status:              Not Quoted

Registered No.(UK):       03891734

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

6999     -          Other Professional, Scientific and Technical Services Not Elsewhere Classified

 

NACE 2002 Codes:

7487     -          Other business activities not elsewhere classified

 

NAICS 2002 Codes:

5619     -          Other Support Services

 

US SIC 1987:

7389     -          Business Services, Not Elsewhere Classified

 

UK SIC 2003:

7487     -          Other business activities not elsewhere classified

 

Business Description

Other business activities

 

Financial Data

Financials in:

GBP(mil)

 

Assets:

0.0

Current Assets:

0.0

 

Long Term Debt:

0.0

 

Issued Capital:

0.0

 

Working Capital:

0.0

 

Net Worth:

0.0

 

 

 

Date of Financial Data:

31-Dec-2009

 

1 Year Growth

NA

Key Corporate Relationships

 

 

GBP(mil)

Audit Fees:

0.0

Audit Fiscal Year:

12-31-2009

 

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Stephen John Kelly

 

Consultant

Director/Board Member

 

 

 

Directors and Shareholders Report

 

Main Office Address:
4Th Floor Lawford House
Albert Place
London 
United Kingdom N3 1RL

 

Annual Return Date: 09 Dec 2010

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Stephen John 
Kelly

Current

22 Jul 1964

4Th Floor Lawford House, Albert Place, 
London , London N3 1RL

18 Oct 2010

NA

Current:1
Previous:0
Disqualifications:0

 

Michael Patrick 
Dwen

Previous

22 Feb 1949

Flat N.5123 - Golden Sands 5, P O Box 9168, 
Mankhol, Dubai

09 Dec 1999

15 Jan 2005

Current:0
Previous:244
Disqualifications:1

 

Jasbir Singh 
Ahluwalia

Previous

21 Dec 1958

House 1244 Sector 14, Haryana, 
Farjdabad

09 Dec 1999

03 Apr 2008

Current:0
Previous:1
Disqualifications:0

 

Damian James
Calderbank

Previous

17 Jun 1964

4Th Floor Lawford House, Albert Place, 
London , London N3 1RL

18 Oct 2010

18 Oct 2010

Current:0
Previous:1
Disqualifications:0

 

Nina 
Mukhey

Previous

11 Dec 1955

25 The Ridgeway, 
London , London N3 2PG

30 Oct 2009

18 Oct 2010

Current:8
Previous:3
Disqualifications:0

 

John Robert Montagu Stuart 
Wortley Hunt

Previous

08 Feb 1960

Apartment 717 Al Arta 1, P.O. Box 500462, 
The Greens, Dubai

15 Jan 2005

30 Oct 2009

Current:14
Previous:142
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Corporate Directors Limited

Previous

4Th Floor Lawford House, Albert Place, 
London , London N3 1RL

09 Dec 1999

09 Dec 1999

 

 

Individual Secretaries

 

 

 

There are no individual secretaries for this company.

 

 

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Corporate Secretaries Limited

Current

4Th Floor Lawford House, Albert Place, 
London , London N3 1RL

09 Dec 1999

NA

 

 

 

Individual Shareholders

 

Name

Share Details 
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Stephen John Kelly

2 Ordinary GBP 1.00

Ordinary

2

1.00

2.00

100.00

 

 

 

 

 

 

 

 

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-Dec-2009

31-Dec-2008

31-Dec-2007

31-Dec-2006

31-Dec-2005

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.641508

0.545576

0.499878

0.543438

0.550122

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Audit Fees

0.0

0.0

0.0

0.0

0.0

 

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

31-Dec-2006

31-Dec-2005

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate

0.619253

0.695531

0.502361

0.510947

0.582496

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Trade Debtors

0.0

0.0

0.0

0.0

0.0

Cash and Equivalents

0.0

0.0

0.1

0.2

0.1

Other Current Assets

0.0

0.0

0.0

0.0

0.0

Total Current Assets

0.0

0.0

0.1

0.2

0.1

Total Assets

0.0

0.0

0.1

0.2

0.1

Trade Creditors

0.0

0.0

0.1

0.2

0.1

Bank Overdraft

0.0

0.0

0.0

0.0

0.0

Bank Loan Overdrafts

0.0

0.0

0.0

0.0

0.0

Total Short Term Loans

0.0

0.0

0.0

0.0

0.0

Other Current Liabilities

0.0

0.0

0.0

0.0

0.0

Total Current Liabilities

0.0

0.0

0.0

0.0

0.0

Working Capital

0.0

0.0

0.0

0.0

0.0

Total Long Term Loans

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

0.0

0.0

0.0

0.0

0.0

Issued Capital

0.0

-

-

-

-

Retained Earnings

0.0

0.0

0.0

0.0

0.0

Total Reserve

0.0

0.0

0.0

0.0

0.0

Total Shareholders Funds

0.0

0.0

0.0

0.0

0.0

Net Worth

0.0

0.0

0.0

0.0

0.0

 

Annual Cash Flows

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

31-Dec-2006

31-Dec-2005

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.641508

0.545576

0.499878

0.543438

0.550122

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Paid Up Equity

0.0

0.0

0.0

0.0

0.0

 

 

Annual Ratios

 

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

31-Dec-2006

31-Dec-2005

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

Filed Currency

-

-

-

-

-

Exchange Rate

-

-

-

-

-

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Current Ratio

11.64

23.03

1.53

1.16

1.30

Solvency Ratio

91.41%

95.66%

34.56%

13.67%

23.03%

Current Debt Ratio

0.09

0.05

1.89

6.31

3.34

Long Term Debt Ratio

0.00

0.00

0.00

0.00

0.00

Total Debt Ratio

0.09

0.05

1.89

6.31

3.34

Debt Asset Ratio

8.59%

4.34%

65.44%

86.33%

76.97%

Financial Strength Ratio

11.64

23.03

1.53

1.16

1.30

Reserve Movement

23.10%

4.78%

20.71%

14.51%

6.01%

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.23

UK Pound

1

Rs.76.07

Euro

1

Rs.65.06

 

 

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.