MIRA INFORM REPORT

 

 

Report Date :

21.10.2011

 

IDENTIFICATION DETAILS

 

Name :

CALDEIRA RETAIL LIMITED

 

 

Registered Office :

Caldeira Villiers Road Knowsley Merseysidel34 9ET

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

24.04.2008

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Retail sale of textiles in specialised stores

 

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 :

£ 500

 

 

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 30, 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

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Name

CALDEIRA RETAIL LIMITED

Company Number

06576230

Registered Address

CALDEIRA VILLIERS ROAD

Trading Address

Caldeira Villiers Road
Knowsley
Merseyside
L34 9ET

 

KNOWSLEY

 

 

MERSEYSIDE

 

 

L34 9ET

 

 

 

 

 

Website Address

http://www.caldeira.com

 

 

Telephone Number

01512909090

Fax Number

 

TPS

Yes

FPS

No

Incorporation Date

24/04/2008

Company Status

Active - Accounts Filed

Previous Name

 

Type

Private limited with Share Capital

Date of Change

-

Filing Date of Accounts

27/09/2011

 

 

Share Capital

£1

SIC03

5241

Currency

GBP

SIC03 Description

RETAIL SALE OF TEXTILES

SIC07

47510

SIC07 Description

RETAIL SALE OF TEXTILES IN SPECIALISED STORES

Principal Activity

A retail of soft furnishings.

 

CREDIT recommendation

 

Current Credit Limit: £500

 

DIRECTORS/MANAGEMENT

 

Total Current Directors

2

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

0

 

Current Directors

Name

Antonio Caldeira De Almeida

Date of Birth

12/04/1970

Officers Title

Mr

Nationality

British

Present Appointments

5

Function

Director

Appointment Date

24/04/2008

 

 

Address

Apartment B,  25 Stanley Street,  Liverpool,  L1 6AA

Other Actions

View Director Report

View Consumer Report

View Trace Report

 

 

 

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Robert King

Date of Birth

16/09/1966

Officers Title

Mr

Nationality

British

Present Appointments

4

Function

Director

Appointment Date

29/10/2010

 

 

Address

Horrocks House Villiers Road,  Knowsley Business Park,  Liverpool,  L34 9ET

Other Actions

View Director Report

View Consumer Report

View Trace Report

 

 

 

 

 

NEGATIVE INFORMATION

 

CCJ

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

 

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

There are no exact CCJ details

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

CALDEIRA LTD

1 ORDINARY GBP 1.00

 

PAYMENT INFORMATION

 

Na

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group Structure Summary

Company Name

CALDEIRA RETAIL LIMITED

Company Number

06576230

Holding Company

CALDEIRA LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

CALDEIRA LIMITED

Companies in group

2

 

Group structure

Company Name

 

Safe Number

Registered Number

Latest Key Financials

Consol. Accounts

Rating

Limit

Turnover

CALDEIRA LIMITED

 

UK02933177

03274694

31.12.2010

N

90

£115,000

£5,458,415

CALDEIRA RETAIL LIMITED

 

UK06219146

06576230

31.12.2010

N

30

£500

£8,199,693

 

FINANCIAL INFORMATION

 

Key Financials

Year to Date

Turnover

Pre Tax Profit

Shareholder Funds

Employees

31/12/2010

£8,199,693

-£520,571

-£1,030,198

114

31/12/2009

£8,952,408

-£448,409

-£656,811

134

31/12/2008

£5,889,678

-£442,384

-£442,383

147

 

Profit & Loss

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Weeks

52

(%)

52

(%)

36

(%)

-

(%)

-

Currency

GBP

(%)

GBP

(%)

GBP

(%)

-

(%)

-

Consolidated A/cs

N

(%)

N

(%)

N

(%)

-

(%)

-

Turnover

£8,199,693

-8.4%

£8,952,408

52%

£5,889,678

-

-

-

-

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

£5,291,498

-9.8%

£5,866,292

46.3%

£4,010,275

-

-

-

-

Gross Profit

£2,908,195

-5.8%

£3,086,116

64.2%

£1,879,403

-

-

-

-

Wages & Salaries

£2,113,292

12.4%

£1,879,566

-8.8%

£2,061,112

-

-

-

-

Directors Emoluments

£81,998

75.1%

£46,819

103.7%

£22,981

-

-

-

-

Operating Profit

-£507,763

-18.3%

-£429,341

-6.6%

-£402,852

-

-

-

-

Depreciation

£116,159

81.3%

£64,078

-24.9%

£85,354

-

-

-

-

Audit Fees

£25,000

-42.5%

£43,500

45%

£30,000

-

-

-

-

Interest Payments

£12,808

-32.8%

£19,068

-51.8%

£39,532

-

-

-

-

Pre Tax Profit

-£520,571

-16.1%

-£448,409

-1.4%

-£442,384

-

-

-

-

Taxation

£147,184

-37.1%

£233,981

-

-

-

-

-

-

Profit After Tax

-£373,387

-74.1%

-£214,428

51.5%

-£442,384

-

-

-

-

Dividends Payable

-

-

-

-

-

-

-

-

-

Retained Profit

-£373,387

-74.1%

-£214,428

51.5%

-£442,384

-

-

-

-

 

Balance Sheet

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Tangible Assets

£267,640

-25.3%

£358,515

70.2%

£210,614

-

-

-

-

Intangible Assets

0

-

0

-

0

-

-

-

-

Total Fixed Assets

£267,640

-25.3%

£358,515

70.2%

£210,614

-

-

-

-

Stock

£2,218,535

-1.3%

£2,246,784

2.6%

£2,190,327

-

-

-

-

Trade Debtors

£60,105

-40.6%

£101,201

237.3%

£30,000

-

-

-

-

Cash

0

-

0

-

0

-

-

-

-

Other Debtors

£469,981

26.1%

£372,652

36.8%

£272,477

-

-

-

-

Miscellaneous Current Assets

0

-

0

-

0

-

-

-

-

Total Current Assets

£2,748,621

1%

£2,720,637

9.1%

£2,492,804

-

-

-

-

Trade Creditors

£583,979

-5.6%

£618,440

-28.3%

£861,987

-

-

-

-

Bank Loans & Overdrafts

£857,878

-22.2%

£1,102,029

999.9%

£95,348

-

-

-

-

Other Short Term Finance

£2,169,321

37.7%

£1,575,209

-6.7%

£1,687,698

-

-

-

-

Miscellaneous Current Liabilities

£435,281

1.9%

£427,249

-14.7%

£500,768

-

-

-

-

Total Current Liabilities

£4,046,459

8.7%

£3,722,927

18.3%

£3,145,801

-

-

-

-

Bank Loans & Overdrafts and LTL

£857,878

-23.1%

£1,115,065

999.9%

£95,348

-

-

-

-

Other Long Term Finance

0

-

0

-

0

-

-

-

-

Total Long Term Liabilities

0

-100%

£13,036

-

0

-

-

-

-

 

Capital & Reserves

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Called Up Share Capital

£1

-

£1

-

£1

-

-

-

-

P & L Account Reserve

-£1,030,199

-56.8%

-£656,812

-48.5%

-£442,384

-

-

-

-

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

-

-

-

-

-

-

-

-

-

Shareholder Funds

-£1,030,198

-56.8%

-£656,811

-48.5%

-£442,383

-

-

-

-

 

Other Financial Items

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Net Worth

-£1,030,198

-56.8%

-£656,811

-48.5%

-£442,383

-

-

-

-

Working Capital

-£1,297,838

-29.5%

-£1,002,290

-53.5%

-£652,997

-

-

-

-

Total Assets

£3,016,261

-2%

£3,079,152

13.9%

£2,703,418

-

-

-

-

Total Liabilities

£4,046,459

8.3%

£3,735,963

18.8%

£3,145,801

-

-

-

-

Net Assets

-£1,030,198

-56.8%

-£656,811

-48.5%

-£442,383

-

-

-

-

 

Cash Flow

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Net Cashflow from Operations

-

-

-

-

-£1,059,848

-

-

-

-

Net Cashflow before Financing

-

-

-

100%

-£1,395,348

-

-

-

-

Net Cashflow from Financing

-

-

-

-

£1,300,000

-

-

-

-

Increase in Cash

-

-

-

-

-£95,348

-

-

-

-

 

Miscellaneous

Date Of Accounts

31/12/10

(%)

31/12/09

(%)

31/12/08

(%)

-

(%)

-

Contingent Liability

YES

-

NO

-

NO

-

-

-

-

Capital Employed

-£1,030,198

-60%

-£643,775

-45.5%

-£442,383

-

-

-

-

Number of Employees

114

-14.9%

134

-8.8%

147

-

-

-

-

Auditors

KPMG LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

 

Bank Branch Code

 

Ratios

Date Of Accounts

31/12/10

31/12/09

31/12/08

-

-

Pre-tax profit margin %

-6.35

-5.01

-7.51

-

-

Current ratio

0.68

0.73

0.79

-

-

Sales/Net Working Capital

-6.32

-8.93

-9.02

-

-

Gearing %

-83.30

-169.80

-21.60

-

-

Equity in %

-34.20

-21.30

-16.40

-

-

Creditor Days

25.92

25.14

36.88

-

-

Debtor Days

2.66

4.11

1.28

-

-

Liquidity/Acid Test

0.13

0.12

0.09

-

-

Return On Capital Employed %

50.53

69.65

100

-

-

Return On Total Assets Employed %

-17.25

-14.56

-16.36

-

-

Current Debt Ratio

-3.92

-5.66

-7.11

-

-

Total Debt Ratio

-3.92

-5.68

-7.11

-

-

Stock Turnover Ratio %

27.05

25.09

37.18

-

-

Return on Net Assets Employed %

50.53

68.27

100

-

-

 

FOREIGN EXCHANGE RATES

 

Na

 

ADDITIONAL INFORMATION

 

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade Debtors / Bad Debt -

1

 

Total Value of Documented Trade Debtors / Bad Debt -

£10,000

 

 

 

Mortgage Summary

Outstanding

2

Satisfied

0

 

Status History

No Status History found

 

Event History

Date

Description

04/10/2011

New Accounts Filed

24/05/2011

Annual Returns

15/11/2010

New Board Member Mr R. King appointed

06/08/2010

New Accounts Filed

28/06/2010

Annual Returns

06/10/2009

New Accounts Filed

10/06/2009

Annual Returns

28/04/2008

Change of Name

28/04/2008

Change in Reg.Office

28/04/2008

Change of Company Postcode

 

Previous Company Names

No Previous Names found

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.71

UK Pound

1

Rs.78.08

Euro

1

Rs.68.05

 

 

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.