MIRA INFORM REPORT

Report Date :

18.04.2012

IDENTIFICATION DETAILS

Name :	GOLDSTEEL LIMITED

Registered Office :	396 Great West Road, Hounslow, Middlesex TW50PB.

Country :	United Kingdom

Date of Incorporation :	27.01.2011

Com. Reg. No.:	07507130

Legal Form :	Private Limited

Line of Business :	Wholesale of non-agricultural intermediate products, waste and scrap

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING

STATUS

PROPOSED CREDIT LINE

New Business

Status :	New Company
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 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

United Kingdom

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

Company Identification Details

Subject Reported on	GOLDSTEEL LIMITED
Registration Number	07507130

Official Company Data

Legal Form	Private Limited
Registration Number	07507130
Subject Status	Trading
Date of Incorporation	27/01/2011
Registered Office	396 GREAT WEST ROAD, HOUNSLOW, MIDDLESEX TW50PB.
Date of Last Annual Return to Registry	27/01/2012
Accounting Reference Date	31/01

Operations

Nace Code

5152

Previous Searches

Search History Summary

Last 3 Months	Last 6 Months	Last 12 Months
1	1	1

Search History Details

The Search History Details shows details of the most recent 40 searches

Date	Description
08/03/2012	Miscellaneous

Public Record Information

Summary of CCJ's/Scottish Decrees

No CCJs/Scottish Decrees are recorded in our file.

Other Filings and Notices

Date

Source

Description

11/03/2012	Companies House Gazette	Notification of any change among the company's directors
28/02/2012	Companies House Gazette	Notification of any change among the company's directors

Directors

Director	MRS RAVINDER PRIT BABBER
Service Address	396 GREAT WEST ROAD, HOUNSLOW, TW5 0PB.
Country of Origin	UNITED KINGDOM
Date of Birth	25/04/1964
Appointment Date	01/02/2012
Director	MR SUSHIL BABBER
Service Address	396 GREAT WEST ROAD, HOUNSLOW, MIDDLESEX, TW5 0PB.
Country of Origin	UNITED KINGDOM
Date of Birth	11/06/1963
Appointment Date	01/02/2012
Other Directorships	R P S PROPERTIES LIMITED, RAM PARKASH SUNDERDASS & SONS LTD
Director	MR ARJUN BABBER
Service Address	396 GREAT WEST ROAD, HOUNSLOW, MIDDLESEX, TW5 0PB.
Country of Origin	UNITED KINGDOM
Date of Birth	02/07/1992
Appointment Date	27/01/2011

Share Capital

Shares	Ordinary GBP 1.00
Issued Number	1,000
Principal Shareholder	500 RavinderPritBabber
	500 ArjunBabber

The above reflects the principle shareholder(s) by number of shares held, irrespective of share classification type.

Financial Data– Statutory Accounts

No accounts filed since inception. We anticipate that accounts will be filed at Companies House and available for inspection within 22 months from the date of incorporation.

Key Industry Sector Trends

Year	2011	2010	2009	2008
Sample Size	3151	6434	6455	6537
Pre-Tax Profit Margin	4.3	3.4	2.4	3.4
Current Ratio	1.6	1.6	1.7	1.6
Borrowing Ratio	86.8	101.1	95.6	107.5
Return on Capital	26.2	22.4	21.5	26.9
Creditors Days	54	92	105	49

Above figures relate to companies in 2003 Standard Industry Classification (Nace) sector : Wholesale of non-agricultural intermediate products, waste and scrap

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.62
UK Pound	1	Rs.81.94
Euro	1	Rs.67.65

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.