MIRA INFORM REPORT

Report Date :

15.09.2011

IDENTIFICATION DETAILS

Name :	CARGILL COTTON LIMITED
Registered Office :	Knowle Hill Park, Fairmile Lane, Cobham, Kt11 2pd
Country :	United Kingdom
Financials (as on) :	31.05.2010
Date of Incorporation :	15.09.2005
Com. Reg. No.:	05564843
Legal Form :	Private limited with Share Capital
Line of Business :	Trading of cotton

RATING & COMMENTS

MIRA’s Rating :

A

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	£1,900,000
Status :	Good
Payment Behaviour :	Usually Correct
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 31^st, 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 summary Top of Form

Company Name	CARGILL COTTON LIMITED	Company Number	05564843
Registered Address	KNOWLE HILL PARK	Trading Address	12 Princes Parade Liverpool Merseyside L3 1BG
	FAIRMILE LANE
	COBHAM
	KT11 2PD
Website Address	http://www.cargillcotton.com
Telephone Number	01932861000	Fax Number
TPS	No	FPS	No
Incorporation Date	15/09/2005	Company Status	Active - Accounts Filed
Previous Name		Type	Private limited with Share Capital
		Filing Date of Accounts	29/11/2010
Date of Change	-	Share Capital	£1
Sic Code	5111	Currency	GBP
Sic Description	AGENTS IN AGRICULTURAL & TEXTILE RAW MATERIALS; LIVE ANIMALS
Principal Activity	Trading of cotton.

Accounts Due Date

29/02/2012

Credit Limit

Limit	£1,900,000	Previous Limit	£1,000,000
Contract Limit	£50,000,000

Commentary

No exact match CCJs are recorded against the company.
The credit limit on this company has risen 90% in comparison to the previously suggested credit limit.
The previous 12 month trading period saw a rise in Sales of 87.1%.
In the previous 12 month trading period Net Worth increased by 87.5%.
A 52.3% growth in Total Assets occurred in the previous 12 month trading period.
Pre-tax profits increased by 284.8% in the previous 12 month trading period.
The company saw an decrease in their Cash Balance of 100% in the previous 12 month trading period.
The audit report contains no adverse comments.
No recent changes in directorship are recorded.
The company is part of a group.
The company was established over 5 years ago.

Last 3 Years Credit Limit

Date	Limit
31/12/2010	£1,900,000
31/12/2009	£1,500,000
31/12/2008	£2,000,000

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/05/2010	£360,793,000	£14,312,000	£21,956,000	31
31/05/2009	£192,869,000	-£7,746,000	£11,707,000	34
28/05/2008	£203,217,000	-£1,745,000	£17,403,000	37

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

Mortgage Summary

Outstanding	0
Satisfied	0

Total Current Directors	6
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	1

Current Directors

Name	Robin David Thurston	Date of Birth	01/03/1951
Officers Title	Mr	Nationality	British
Present Appointments	174	Function	Director
Appointment Date	15/09/2005
Address	Leigh House,  Leigh Place,  Cobham,  KT11 2HL
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	John Christopher Reynolds	Date of Birth	27/03/1950
Officers Title	Mr	Nationality	British
Present Appointments	7	Function	Director
Appointment Date	15/09/2005
Address	Suite Stable Cottage,  Upper House Lane Shamley Green,  Guildford,  GU5 0SX
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Andrew Neil Thomas	Date of Birth	04/07/1956
Officers Title	Mr	Nationality	British
Present Appointments	4	Function	Director
Appointment Date	30/09/2005
Address	Springfield,  Plough Lane, Christleton,  Chester,  CH3 7PT
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Andrew Stephen Hursthouse	Date of Birth	07/05/1972
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	30/09/2005
Address	9 Hoscote Park,  West Kirby,  Wirral,  CH48 0QN
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Paul Kinney	Date of Birth	01/02/1959
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	30/09/2005
Address	2 Prestwick Drive,  ,  Blundellsands,  L23 7XB
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Josephine Roth	Date of Birth	09/02/1973
Officers Title	Ms	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/06/2010
Address	Knowle Hill Park,  Fairmile Lane,  Cobham,  KT11 2PD
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Robin David Thurston	Date of Birth	01/03/1951
Officers Title	Mr	Nationality	British
Present Appointments	174	Function	Company Secretary
Appointment Date	15/09/2005
Address	Leigh House,  Leigh Place,  Cobham,  KT11 2HL
Other Actions		View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Individual Share Value
CARGILL PLC	1 ORDINARY GBP 1.00

Profit & Loss

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Weeks	52	(%)	53	(%)	53	(%)	52	(%)	35
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	£360,793,000	87.1%	£192,869,000	-5.1%	£203,217,000	13.7%	£178,784,000	-3.8%	£185,784,000
Export	-	-	-	-	-	-	£178,184,000	-3.5%	£184,734,000
Cost of Sales	£340,151,000	-	£195,326,000	-	£198,851,000	17.2%	£169,628,000	-5.4%	£179,245,000
Gross Profit	£20,642,000	940.1%	-£2,457,000	-156.3%	£4,366,000	-52.3%	£9,156,000	40%	£6,539,000
Wages & Salaries	£3,475,000	34.3%	£2,587,000	-9.6%	£2,861,000	19.6%	£2,392,000	113.8%	£1,119,000
Directors Emoluments	£1,315,000	7.6%	£1,222,000	77.9%	£687,000	41.1%	£487,000	-16.5%	£583,000
Operating Profit	£15,227,000	326%	-£6,739,000	-999.9%	£470,000	-90.4%	£4,897,000	9.2%	£4,486,000
Depreciation	£35,000	-16.7%	£42,000	5%	£40,000	5.3%	£38,000	35.7%	£28,000
Audit Fees	£36,000	-12.2%	£41,000	10.8%	£37,000	-9.8%	£41,000	51.9%	£27,000
Interest Payments	£915,000	-16.1%	£1,090,000	-53.2%	£2,327,000	-5.6%	£2,465,000	72.6%	£1,428,000
Pre Tax Profit	£14,312,000	284.8%	-£7,746,000	-343.9%	-£1,745,000	-166.8%	£2,612,000	-26.2%	£3,538,000
Taxation	-£4,063,000	-300.4%	£2,027,000	295.1%	£513,000	161.3%	-£837,000	11.8%	-£949,000
Profit After Tax	£10,249,000	279.2%	-£5,719,000	-364.2%	-£1,232,000	-169.4%	£1,775,000	-31.4%	£2,589,000
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	£10,249,000	279.2%	-£5,719,000	-364.2%	-£1,232,000	-169.4%	£1,775,000	-31.4%	£2,589,000

Balance Sheet

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Tangible Assets	£56,000	-62.9%	£151,000	-18.4%	£185,000	-23.2%	£241,000	26.8%	£190,000
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	£56,000	-62.9%	£151,000	-18.4%	£185,000	-23.2%	£241,000	26.8%	£190,000
Stock	£59,929,000	226%	£18,385,000	53.6%	£11,972,000	-1.7%	£12,184,000	-12.3%	£13,898,000
Trade Debtors	£7,359,000	-55.6%	£16,577,000	-41.2%	£28,193,000	204.3%	£9,265,000	-13.2%	£10,675,000
Cash	0	-100%	£1,000	-	£1,000	-	£1,000	-90%	£10,000
Other Debtors	£35,603,000	9.6%	£32,481,000	130%	£14,124,000	-32.7%	£20,979,000	-20.1%	£26,254,000
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£102,891,000	52.6%	£67,444,000	24.2%	£54,290,000	28%	£42,429,000	-16.5%	£50,837,000
Trade Creditors	£5,286,000	999.9%	£262,000	-95.4%	£5,669,000	-33.2%	£8,491,000	209.9%	£2,740,000
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	£57,766,000	79.2%	£32,243,000	183.7%	£11,364,000	14.5%	£9,927,000	-59.6%	£24,546,000
Miscellaneous Current Liabilities	£17,939,000	-23.3%	£23,383,000	16.7%	£20,039,000	255.2%	£5,642,000	-18.5%	£6,921,000
Total Current Liabilities	£80,991,000	44.9%	£55,888,000	50.8%	£37,072,000	54.1%	£24,060,000	-29.7%	£34,207,000
Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Called Up Share Capital	-	-	-	-	-	-	-	-	-
P & L Account Reserve	£21,956,000	87.5%	£11,707,000	-32.7%	£17,403,000	-6.5%	£18,610,000	10.6%	£16,820,000
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£21,956,000	87.5%	£11,707,000	-32.7%	£17,403,000	-6.5%	£18,610,000	10.6%	£16,820,000

Other Financial Items

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Net Worth	£21,956,000	87.5%	£11,707,000	-32.7%	£17,403,000	-6.5%	£18,610,000	10.6%	£16,820,000
Working Capital	£21,900,000	89.5%	£11,556,000	-32.9%	£17,218,000	-6.3%	£18,369,000	10.5%	£16,630,000
Total Assets	£102,947,000	52.3%	£67,595,000	24.1%	£54,475,000	27.7%	£42,670,000	-16.4%	£51,027,000
Total Liabilities	£80,991,000	44.9%	£55,888,000	50.8%	£37,072,000	54.1%	£24,060,000	-29.7%	£34,207,000
Net Assets	£21,956,000	87.5%	£11,707,000	-32.7%	£17,403,000	-6.5%	£18,610,000	10.6%	£16,820,000

Cash Flow

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/05/10	(%)	31/05/09	(%)	28/05/08	(%)	25/05/07	(%)	31/05/06
Contingent Liability	YES	-	YES	-	NO	-	YES	-	YES
Capital Employed	£21,956,000	87.5%	£11,707,000	-32.7%	£17,403,000	-6.5%	£18,610,000	10.6%	£16,820,000
Number of Employees	31	-8.8%	34	-8.1%	37	5.7%	35	2.9%	34
Auditors	KPMG LLP
Auditor Comments	The audit report contains no adverse comments
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/05/10	31/05/09	28/05/08	25/05/07	31/05/06
Pre-tax profit margin %	3.97	-4.02	-0.86	1.46	1.90
Current ratio	1.27	1.21	1.46	1.76	1.49
Sales/Net Working Capital	16.47	16.69	11.80	9.73	-
Gearing %	0	0	0	0	0
Equity in %	21.30	17.30	31.90	43.60	33
Creditor Days	5.33	0.50	10.34	17.28	5.38
Debtor Days	7.42	31.88	51.47	18.86	20.97
Liquidity/Acid Test	0.53	0.87	1.14	1.25	1.08
Return On Capital Employed %	65.18	-66.16	-10.02	14.03	21.03
Return On Total Assets Employed %	13.90	-11.45	-3.20	6.12	6.93
Current Debt Ratio	3.68	4.77	2.13	1.29	2.03
Total Debt Ratio	3.68	4.77	2.13	1.29	2.03
Stock Turnover Ratio %	16.61	9.53	5.89	6.81	7.48
Return on Net Assets Employed %	65.18	-66.16	-10.02	14.03	21.03

Status History

No Status History found

Event History

Date	Description
06/12/2010	New Accounts Filed
06/12/2010	New Accounts Filed
21/09/2010	Annual Returns
16/07/2010	New Board Member Ms J. Roth appointed
09/07/2010	Mr C.R. Iles has left the board
04/03/2010	New Accounts Filed
04/03/2010	New Accounts Filed
21/09/2009	Annual Returns
11/02/2009	New Accounts Filed
11/02/2009	New Accounts Filed
25/09/2008	Annual Returns
10/04/2008	New Accounts Filed
07/01/2008	John Reynolds Details have changed
25/09/2007	Annual Returns
10/04/2007	New Accounts Filed

Rating History

Date	Description
06/12/2010	Very Good Credit Worthiness
16/07/2010	Very Good Credit Worthiness
09/07/2010	Very Good Credit Worthiness
17/09/2009	Very Good Credit Worthiness
06/03/2009	Very Good Credit Worthiness
11/02/2009	Good Credit Worthiness
10/04/2008	Very Good Credit Worthiness
10/04/2007	Very Good Credit Worthiness
20/09/2005	Company's age is less than 18 months
19/09/2005	Directors not appointed

Limit History

Date	Limit
06/12/2010	£1,900,000
16/07/2010	£1,000,000
09/07/2010	£950,000
04/03/2010	£1,000,000
17/09/2009	£1,500,000
06/03/2009	£1,600,000
11/02/2009	£175,000
10/04/2008	£2,000,000
10/04/2007	£2,000,000
20/09/2005	£0

Previous Company Names

No Previous Names found

Group Structure Summary

Company Name	CARGILL COTTON LIMITED	Company Number	05564843
Holding Company	CARGILL PLC	Ownership Status	Wholly Owned
Ultimate Holding Company	CARGILL INC	Companies in group	81

Group structure

Company Name	Safe Number	Registered Number	Latest Key Financials	Consol. Accounts	Limit	Turnover
CARGILL INC			-	-	-
BLACK RIVER ASSET MANAGEMENT...			-	-	-
BLACK RIVER ASSET MANAGEME...	UK04513127	04866660	31.05.2010	N	£1,500,000	£28,539,511
BLACK RIVER GLOBAL FUND SERV...			-	-	-
CARGILL FINANCIAL SERVICES E...	UK05906623	06263287	31.05.2010	N	£135,000	£326,880
CARGILL FOOD SYSTEMS LIMITED	UK04634277	04988211	31.05.2010	N	£0
CARGILL FLAVOR SYSTEMS (UK...	UK00093503	00358462	31.05.2010	N	£7,000	£18,063,000
CARGILL HOLDINGS	UK00659224	00986532	31.05.2010	N	£4,750,000
GREEN HERCULES TRADING LIM...	UK05879989	06236632	31.05.2010	N	£23,000	£198,904
CARGILL FINANCIAL MARKETS PLC	UK02158005	02496185	31.05.2010	N	£15,000,000
CARGILL FINANCE LIMITED	UK02332796	02671799	31.05.2011	N	-
ENDON EUROPE POWER 5 LIM...	UK03332285	03676389	31.05.2010	N	-
ENDON EUROPE POWER 4 L...	UK03274877	03618551	31.05.2010	N	£0
ENDON EUROPE POWER 3...	UK03274875	03618549	31.05.2010	N	-
ENDON EUROPE POWER...	UK03233193	03576574	31.05.2010	N	£1,250,000
TEESSIDE POWER H...	UK02562092	02901888	31.05.2010	N	£12,650,000
MAGNOLIA POWER...	UK02240766	02579333	31.05.2010	N	-
TPL INVESTMENT...	UK06210376	06567437	31.05.2010	N	£0
ENDON EUROPE POWER 6 L...	UK03344539	03688800	31.05.2010	N	£22,500
CARGILL GLOBAL FUNDING PLC	UK02517423	02857033	31.05.2010	N	£3,950,000	£14,118,480
CARGILL INVESTMENTS HOLDIN...	UK03233859	03577241	31.05.2010	N	£100,000
CARGILL INVESTMENTS	UK02680329	03020786	31.05.2010	N	£7,800,000
WOLVERTON PROPERTIES L...	UK04195326	04547692	31.05.2010	N	£4,000
CFM II LIMITED	UK02516622	02856228	31.05.2010	N	£390,000	£18,674
CARGILL PROPERTY INVES...	UK04427329	04780598	31.05.2010	N	£590,000
KINGSTREET MEDIA (SO...	UK04913312	05268168	31.05.2010	N	£26,000	£222,278
ENERGY CREDIT STRATE...	UK04920635	05275538	31.05.2010	N	-
ANGLE PROPERTY (GATE...	UK04639094	04993040	31.05.2010	N	£11,000	£1,945,000
ORDERBIDE II LIMITED	UK04665343	05019363	31.05.2010	N	£175,000
FAIRMILE PORTFOLIO MAN...	UK02553000	02892770	31.05.2010	N	£1,700,000	£209,272
WHBE LIMITED	UK03852121	04202057	31.05.2010	N	£500	£500
FAIRMILE GENERAL PAR...	UK04013641	04364928	31.05.2010	N	-
CARGILL PORTFOLIO IN...	UK04013647	04364934	31.05.2010	N	£6,000
WOX LIMITED	UK04096302	04448089	31.05.2010	N	£500	£500
CRY LIMITED	UK04147029	04499180	31.05.2010	N	£500	£500
CTY LIMITED	UK04265982	04618673	31.05.2010	N	£500	£500
CATX LIMITED	UK03738365	04087172	31.05.2010	N	£500	£500
CREDIT FINANCE CORPO...	UK02919666	03261142	31.05.2010	N	£500	£500
FININ LIMITED	UK03144800	03487655	31.05.2010	N	£500	£500
MIROM LIMITED	UK03471724	03817328	31.05.2010	N	£500	£500
MIROMESNIL LIMITED	UK03351471	03695808	31.05.2010	N	£500	£500
PLATFORM FINANCE LIM...	UK01997788	02334932	31.05.2010	N	£500	£500
TRANSALP LIMITED	UK03788648	04137977	31.05.2010	N	£500	£500
UHR LIMITED	UK03390652	03735337	31.05.2010	N	£500	£500
CARGILL INTEGRA (IRELAND) LI...	IE00347494	IE355176	22.05.2010	N	€100,000	€29,840,013
CARGILL INTERNATIONAL LUXEMB...	IE00484623	IE906373	-	N	-
CARGILL UK HOLDINGS LIMITED	UK06844773	07203317	31.05.2010	N	£500
CARGILL PLC	UK01056581	01387437	31.05.2010	N	£7,550,000	£977,519,000
CARGILL POULTRY LIMITED	UK00024947	00170526	22.05.2010	N	£6,000	£953,000
CARGILL FOODS LIMITED	UK00038909	00222999	22.05.2010	N	-	£905,000
CARGILL PENSION TRUSTE...	UK01304645	01637038	31.05.2011	N	-
FREEMAN'S OF NEWENT (H...	UK01419836	01752859	22.05.2010	N	£160,000
FREEMANS OF NEWENT L...	UK00420342	00745426	22.05.2010	N	£295,000	£36,775,280
CARGILL PROPERTIES LIM...	UK02222203	02560664	31.05.2011	N	-
CARGILL COTTON LIMITED	UK05209223	05564843	31.05.2010	N	£1,900,000	£360,793,000
SEARA UK LIMITED	UK06675774	07033774	31.05.2010	N	-
BANKS CARGILL AGRICULT...	UK03797950	04147351	31.05.2010	N	-
SIDNEY C BANKS LIMITED	UK00184885	00495831	31.05.2010	N	-
BRITISH COTTON GROWING...	UK00712468	01040216	31.05.2011	N	-
CARGILL INTEGRA (UK) L...	UK03948601	04299360	22.05.2010	N	-	£290,000
CARGILL INTEGRA (WAL...	UK02067290	02404913	22.05.2010	N	-	£274,000
CHICKENS 'R' US LIMITED	UK02772747	03113537	22.05.2010	N	£10,000	£916,000
EASTERN POULTRY SUPPLI...	UK02772890	03113680	22.05.2010	N	£10,000	£915,000
SOYL LIMITED	UK04759990	05114353	30.06.2010	N	-
GRAMPIAN CROP SERVIC...	UK07243859	SC137014	28.02.2011	N	£25,000
LOTHIAN CROP SPECIAL...	UK07217623	SC110745	30.06.2010	N	-
NOMIX ENVIRO LIMITED	UK01356222	01688928	30.06.2010	N	-
LOWESMOOR FOODS LIMITED	UK02772894	03113684	22.05.2010	N	£10,000	£990,000
MEADOWFIELDS LIMITED	UK02772759	03113549	22.05.2010	N	£10,000	£944,000
POULTRY MEAT TRADING L...	UK02772750	03113540	22.05.2010	N	£10,000	£967,000
SUN VALLEY FOODS LIMITED	UK00353841	00678294	22.05.2010	N	£3,100,000	£375,061,000
SUN VALLEY POULTRY LIM...	UK00003030	00040149	22.05.2010	N	£100,000	£932,000
THAI FOODS LIMITED	UK02772753	03113543	22.05.2010	N	£10,000	£884,000
CARGILL TARIM VE GIDA SANAYI...			-	-	-
EAST MEDITERRANEAN TRADING...	UK03312255	03656234	31.05.2010	N	£225,000	£121,173
CARVAL INVESTORS LUXEMBOURG...			-	-	-
CARVAL INVESTORS UK LIMITED	UK05507337	05863476	31.05.2010	N	£650,000	£25,844,911
CERESTAR HOLDING B.V.	NL01113357	21014840	31.05.2009	N	-
CERESTAR UK LTD	UK01806074	02141797	31.05.2010	N	-
LACROSSE GLOBAL FUND SERVICE...			-	-	-
LACROSSE GLOBAL FUND SERVI...	UK04513122	04866655	31.05.2010	N	£195,000	£4,718,578

Exact CCJ Details

No CCJs found

Possible CCJs Details

There are no possible CCJ details

Writ Details

No writs found

Mortgage Details

Creditor Details

No Creditor Data
Total Value	-

Trade Debtors / Bad Debt Detail

No Debtor Data
Total Value	-

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Colin Richard Iles	0	1

Bottom of Form

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.47.81
UK Pound	1	Rs.75.16
Euro	1	Rs.65.11

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.