MIRA INFORM REPORT
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Report Date : |
01.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
THE INDIA SHOP LTD. |
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Registered Office : |
Honey Street Mill Honeystreet, Pewsey, SN9 5PS |
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Country : |
United Kingdom |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
18.03.1988 |
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Com. Reg. No.: |
02232641 |
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Legal Form : |
Private Parent |
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Line of Business : |
Retail non-specialised stores. |
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No. of Employees
: |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
The India Shop Ltd.
5 Hilliers Yard
Marlborough, SN8 1BE
United Kingdom
Tel: 01672851155
Fax: 01672851742
Website: www.theindiashop.co.uk
Employees: 5
Company Type: Private
Parent
Corporate Family: 2 Companies
Quoted Status: Non-quoted
Company
Incorporation Date: 18-Mar-1988
Financials in: USD
(Millions)
Fiscal Year End: 31-Mar-2011
Reporting Currency: British
Pound Sterling
Annual Sales: NA
Total Assets: 1.7
Business Description
Retail non-specialised stores.
Industry
|
Industry |
Retail (Catalog and Mail Order) |
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ANZSIC 2006: |
4310 - Non-Store Retailing |
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NACE 2002: |
5263 - Other non-store retail sale |
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NAICS 2002: |
454 - Nonstore Retailers |
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UK SIC 2003: |
5263 - Other non-store retail sale |
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US SIC 1987: |
596 - Nonstore Retailers |
Key Executives
|
Name |
Title |
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Peter Frederick Wyles |
Secretary |
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Matthew Wyles |
Manager |
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Anne Margaret Wyles |
Director |
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John Philip Wyles |
Director |
News
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Financial Summary
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FYE: 31-Mar-2011 |
USD (mil) |
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Registered No.(UK): 02232641
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6433939
2 - Balance Sheet Item Exchange Rate:
USD 1 = GBP 0.6238497
Location
5 Hilliers Yard
Marlborough, SN8 1BE
Wiltshire County
United Kingdom
Tel:01672851155
Fax:01672851742
Sales GBP(mil): NA
Assets GBP(mil):1.1
Employees:5
Fiscal Year End:31-Mar-2011
Industry: Retail (Catalog and Mail Order)
Registered Address : Honey Street Mill Honeystreet,
Pewsey, SN9 5PS
United Kingdom
Incorporation Date : 18-Mar-1988
Company Type : Private Parent
Quoted Status : Not Quoted
Registered No.(UK) : 02232641
Secretary: Peter Frederick Wyles
Industry
Codes
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ANZSIC 2006 Codes: |
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4310 |
- |
Non-Store Retailing |
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NACE 2002 Codes: |
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5263 |
- |
Other non-store retail sale |
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NAICS 2002 Codes: |
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454 |
- |
Nonstore Retailers |
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US SIC 1987: |
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596 |
- |
Nonstore Retailers |
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UK SIC 2003: |
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5263 |
- |
Other non-store retail sale |
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Business
Description
Retail non-specialised stores.
More Business Descriptions
Gift Shops
Financial Data
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Financials in: GBP(mil)
Assets: 1.1 Current Assets: 0.6 Fixed Assets: 0.5 Long Term Debt: 0.8 Total Liabilities: 1.0 Issued Capital: 0.0 Working Capital: 0.5 Net Worth: 0.1
Date of Financial
Data: 31-Mar-2011 |
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Corporate
Structure News
Total Corporate Family Members: 2
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
Source |
|
Parent |
Marlborough |
United Kingdom |
Retail (Catalog and Mail Order) |
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5 |
EXP |
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Subsidiary |
Marlborough |
United Kingdom |
Miscellaneous Capital Goods |
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RM |
Board of Directors
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Director |
Director/Board Member |
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Anne Margaret Wyles |
Director |
Director/Board Member |
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Executives
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Secretary |
Company Secretary |
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Matthew Wyles |
Manager |
Other |
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Directors
and Shareholders Report
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Main Office Address: |
Tel:01672851155 |
Annual Return Date: 31 Oct 2011 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of
Directorships |
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Current |
19 Jun 1934 |
Stanton House, Stanton St Bernard, |
29 Sep 1991 |
NA |
Current:4 |
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Current |
22 Dec 1941 |
Stanton House, Stanton St Bernard, |
29 Sep 1991 |
NA |
Current:2 |
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Current |
18 Sep 1975 |
Stanton House, Stanton St. Bernard, |
18 Sep 2006 |
NA |
Current:2 |
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Previous |
26 May 1966 |
Dundrennan, Horsemarket Street, Falkland, |
16 Sep 1994 |
04 Oct 2000 |
Current:0 |
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Corporate
Directors
There are no corporate directors for this company.
Individual Secretaries
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ame |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
Current |
19 Jun 1934 |
Stanton House, Stanton St Bernard, |
29 Sep 1991 |
NA |
Current:4 |
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Corporate
Secretaries
There are no corporate
secretaries for this company.
Individual
Shareholders
|
ame |
Share Details |
Share Type |
# of Shares |
Share Price
(GBP) |
Share Value
(GBP) |
% of Total
Shares |
|
Alex Wyles |
30 Ordinary GBP 1.00 |
Ordinary |
30 |
1.00 |
30.00 |
6.00 |
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Anne Wyles |
261 Ordinary GBP 1.00 |
Ordinary |
261 |
1.00 |
261.00 |
52.20 |
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Caroline Therrien |
2 Ordinary GBP 1.00 |
Ordinary |
2 |
1.00 |
2.00 |
0.40 |
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David Wyles |
17 Ordinary GBP 1.00 |
Ordinary |
17 |
1.00 |
17.00 |
3.40 |
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Elizabeth Johnson |
3 Ordinary GBP 1.00 |
Ordinary |
3 |
1.00 |
3.00 |
0.60 |
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John Wyles |
35 Ordinary GBP 1.00 |
Ordinary |
35 |
1.00 |
35.00 |
7.00 |
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Lucy Arnold |
3 Ordinary GBP 1.00 |
Ordinary |
3 |
1.00 |
3.00 |
0.60 |
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Martha Luker |
3 Ordinary GBP 1.00 |
Ordinary |
3 |
1.00 |
3.00 |
0.60 |
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Mary Rose Wyles |
3 Ordinary GBP 1.00 |
Ordinary |
3 |
1.00 |
3.00 |
0.60 |
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Matthew Wyles |
24 Ordinary GBP 1.00 |
Ordinary |
24 |
1.00 |
24.00 |
4.80 |
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Peter Wyles |
66 Ordinary GBP 1.00 |
Ordinary |
66 |
1.00 |
66.00 |
13.20 |
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Rosemary Burnett |
10 Ordinary GBP 1.00 |
Ordinary |
10 |
1.00 |
10.00 |
2.00 |
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Sarah Woodgates |
10 Ordinary GBP 1.00 |
Ordinary |
10 |
1.00 |
10.00 |
2.00 |
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Susannah M Wyles |
3 Ordinary GBP 1.00 |
Ordinary |
3 |
1.00 |
3.00 |
0.60 |
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Timothy Wyles |
30 Ordinary GBP 1.00 |
Ordinary |
30 |
1.00 |
30.00 |
6.00 |
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Corporate Shareholders
There are no corporate shareholders for this company.
Annual
Profit & Loss
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Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period
Average) |
0.643394 |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
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Consolidated |
No |
No |
No |
No |
No |
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Depreciation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
Annual
Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.62385 |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
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Consolidated |
No |
No |
No |
No |
No |
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Total Tangible Fixed Assets |
0.8 |
0.7 |
0.0 |
0.0 |
0.0 |
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Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
0.8 |
0.7 |
0.0 |
0.0 |
0.0 |
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Total Stocks Work In Progress |
0.9 |
0.8 |
0.7 |
1.2 |
1.0 |
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Trade Debtors |
- |
- |
- |
0.0 |
0.0 |
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Inter-Company Debtors |
- |
- |
- |
0.0 |
0.0 |
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Director Loans |
- |
- |
- |
0.0 |
0.0 |
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Other Debtors |
- |
- |
- |
0.0 |
0.0 |
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Total Debtors |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Cash and Equivalents |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
0.9 |
0.9 |
0.8 |
1.2 |
1.0 |
|
Total Assets |
1.7 |
1.6 |
0.8 |
1.2 |
1.0 |
|
Other Current Liabilities |
0.2 |
0.2 |
0.1 |
0.3 |
0.2 |
|
Total Current Liabilities |
0.2 |
0.2 |
0.1 |
0.3 |
0.2 |
|
Other Long Term Liabilities |
1.4 |
1.3 |
0.5 |
0.7 |
0.6 |
|
Total Long Term Liabilities |
1.4 |
1.3 |
0.5 |
0.7 |
0.6 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
0.2 |
0.1 |
0.2 |
0.3 |
0.2 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
0.2 |
0.1 |
0.2 |
0.3 |
0.2 |
|
Net Worth |
0.2 |
0.1 |
0.2 |
0.3 |
0.2 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period
Average) |
0.643394 |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
|
Consolidated |
No |
No |
No |
No |
No |
Annual
Ratios
Financials in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.62385 |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
4.83 |
4.29 |
8.48 |
4.35 |
6.05 |
|
Liquidity Ratio |
0.07 |
0.30 |
0.39 |
0.00 |
0.00 |
|
Equity Gearing |
9.03% |
9.32% |
20.02% |
21.83% |
21.60% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.81 |
|
|
1 |
Rs.87.67 |
|
Euro |
1 |
Rs.68.45 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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 |
|
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.