MIRA INFORM REPORT

Report Date :

03.02.2012

IDENTIFICATION DETAILS

Name :	KIREI LIMITED
Registered Office :	211 Westbourne Park Road, London
Country :	United Kingdom
Financials (as on) :	31.03.2011
Date of Incorporation :	15.10.2007
Com. Reg. No.:	06399171
Legal Form :	Private limited with Share Capital
Line of Business :	Wholesale of Clothing & Footwear
No. of Employees :	Not Available

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 :	£5,000
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	KIREI LIMITED	Company Number	06399171
		Safe Number	UK06042395
Registered Address	211 WESTBOURNE PARK ROAD	Trading Address	107 Hindes Road Harrow Middlesex HA1 1RU
	LONDON
	W11 1EA
Website Address	-
Telephone Number	-	Fax Number
TPS	-	FPS	No
Incorporation Date	15/10/2007	Company Status	Active - Accounts Filed
Previous Name		Type	Private limited with Share Capital
Date of Change	-	Filing Date of Accounts	26/08/2011
		Share Capital	£2
SIC03	5142	Currency	GBP
SIC03 Description	WHOLESALE OF CLOTHING & FOOTWEAR
SIC07	46420
SIC07 Description	WHOLESALE OF CLOTHING AND FOOTWEAR
Principal Activity

CREDIT recommendation

Current Credit Limit: £5,000

DIRECTORS/MANAGEMENT

KIREI LIMITED

06399171

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5

Current Directors

Name	Hina Moss	Date of Birth	10/08/1961
Officers Title	Ms	Nationality	British
Present Appointments	3	Function	Director
Appointment Date	15/10/2007
Address	18 Riverdale Road,  ,  East Twickenham,  TW1 2BS
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Neville Moss	Date of Birth	25/01/1961
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	29/09/2011
Address	18 Riverdale Road,  ,  Twickenham,  TW1 2BS

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
LISA MICHELLE FRIEDL	1 ORDINARY GBP 1.00
HINA MOSS	1 ORDINARY GBP 1.00

PAYMENT INFORMATION

Mortgage Summary

Outstanding	1
Satisfied	0

Mortgage Details

Mortgage Type:	ALL ASSETS DEBENTURE
Date Charge Created:	09/02/10
Date Charge Registered:	12/02/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	ROYAL BANK OF SCOTLAND INVOICE FINANCE LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

GROUP STRUCTURE & AFFILIATED COMPANIES

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group structure

No group structure

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

FINANCIAL INFORMATION

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/03/2011	-	-	£44,082	-
31/03/2010	-	-	£48,871	-
31/03/2009	-	-	-£1,066	-

Profit & Loss

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Weeks	52	(%)	52	(%)	52	(%)	24	(%)	-
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	-
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	-
	Turnover	-	-	-	-	-	-	-	-	-
	Export	-	-	-	-	-	-	-	-	-
	Cost of Sales	-	-	-	-	-	-	-	-	-
	Gross Profit	-	-	-	-	-	-	-	-	-
	Wages & Salaries	-	-	-	-	-	-	-	-	-
	Directors Emoluments	-	-	-	-	-	-	-	-	-
	Operating Profit	-	-	-	-	-	-	-	-	-
	Depreciation	£3,937	108%	£1,893	-7.4%	£2,044	-	-	-	-
	Audit Fees	-	-	-	-	-	-	-	-	-
	Interest Payments	-	-	-	-	-	-	-	-	-
	Pre Tax Profit	-	-	-	-	-	-	-	-	-
	Taxation	-	-	-	-	-	-	-	-	-
	Profit After Tax	-	-	-	-	-	-	-	-	-
	Dividends Payable	-	-	-	-	-	-	-	-	-
	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Tangible Assets	£5,177	-1.2%	£5,240	-4.2%	£5,467	-	0	-	-
	Intangible Assets	0	-	0	-	0	-	0	-	-
	Total Fixed Assets	£5,177	-1.2%	£5,240	-4.2%	£5,467	-	0	-	-
	Stock	0	-	0	-	0	-	0	-	-
	Trade Debtors	£765,583	132.4%	£329,401	301.5%	£82,050	-	0	-	-
	Cash	£93,607	62%	£57,797	-24.4%	£76,491	-	0	-	-
	Other Debtors	0	-	0	-	0	-	0	-	-
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	-
	Total Current Assets	£859,190	121.9%	£387,198	144.2%	£158,541	-	0	-	-
	Trade Creditors	£819,250	138.5%	£343,567	108.1%	£165,074	-	0	-	-
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	-
	Other Short Term Finance	0	-	0	-	0	-	0	-	-
	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	-
	Total Current Liabilities	£819,250	138.5%	£343,567	108.1%	£165,074	-	0	-	-
	Bank Loans & Overdrafts and LTL	£1,035	-	0	-	0	-	0	-	-
	Other Long Term Finance	0	-	0	-	0	-	0	-	-
	Total Long Term Liabilities	£1,035	-	0	-	0	-	0	-	-

Capital & Reserves

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Called Up Share Capital	£2	-	£2	-	£2	-	-	-	-
	P & L Account Reserve	£44,080	-9.8%	£48,869	999.9%	-£1,068	-	-	-	-
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	-	-	-	-	-	-	-	-	-
	Shareholder Funds	£44,082	-9.8%	£48,871	999.9%	-£1,066	-	-	-	-

Other Financial Items

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Net Worth	£44,082	-9.8%	£48,871	999.9%	-£1,066	-	-	-	-
	Working Capital	£39,940	-8.5%	£43,631	767.9%	-£6,533	-	-	-	-
	Total Assets	£864,367	120.3%	£392,438	139.3%	£164,008	-	-	-	-
	Total Liabilities	£820,285	138.8%	£343,567	108.1%	£165,074	-	-	-	-
	Net Assets	£44,082	-9.8%	£48,871	999.9%	-£1,066	-	-	-	-

Cash Flow

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/11	(%)	31/03/10	(%)	31/03/09	(%)	31/03/08	(%)	-
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	-
	Capital Employed	£45,117	-7.7%	£48,871	999.9%	-£1,066	-	-	-	-
	Number of Employees	-	-	-	-	-	-	-	-	-
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/11	31/03/10	31/03/09	31/03/08	-
	Pre-tax profit margin %	-	-	-	-	-
	Current ratio	1.05	1.13	0.96	-	-
	Sales/Net Working Capital	-	-	-	-	-
	Gearing %	2.30	0	0	0	-
	Equity in %	5.10	12.50	-0.60	-	-
	Creditor Days	-	-	-	-	-
	Debtor Days	-	-	-	-	-
	Liquidity/Acid Test	1.04	1.12	0.96	-	-
	Return On Capital Employed %	-	-	-	-	-
	Return On Total Assets Employed %	-	-	-	-	-
	Current Debt Ratio	18.58	7.03	-154.85	-	-
	Total Debt Ratio	18.60	7.03	-154.85	-	-
	Stock Turnover Ratio %	-	-	-	-	-
	Return on Net Assets Employed %	-	-	-	-	-

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Commentary

No exact match CCJs are recorded against the company.
The company's credit rating has dropped from 75 to 65 but the company still indicates good creditworthiness.
The credit limit on this company has risen 66.7% in comparison to the previously suggested credit limit.
There is insufficient data to indicate a change in this companies percentage of sales.
Net Worth decreased by 9.8% during the latest trading period.
A 120.3% growth in Total Assets occurred during the latest trading period.
There is insufficient data to indicate a change in this companies pre-tax profit.
The company saw an increase in their Cash Balance of 62% during the latest trading period.
The company is exempt from audit.
The company has undergone recent changes in its directorships.
The company is not part of a group.
The negative change in the P&L Account Reserve suggests that the company made a loss after tax and other appropriations.
The company has changed its registered address recently.
The company was established over 4 years ago

Current Company Secretary

Name	Hina Moss	Date of Birth	10/08/1961
Officers Title	Ms	Nationality	British
Present Appointments	3	Function	Company Secretary
Appointment Date	15/10/2007
Address	18 Riverdale Road,  ,  East Twickenham,  TW1 2BS

Status History

No Status History found

Previous Company Names

No Previous Names found

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
Lisa Michelle Friedi	0	1
Amanda Jane Balchin	0	1
Lisa Friedl	1	3
COMPANY DIRECTORS LIMITED	9360	196290
TEMPLE SECRETARIES LIMITED	11687	197952

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.12
UK Pound	1	Rs.77.84
Euro	1	Rs.64.54

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.