MIRA
INFORM REPORT
|
Report Date : |
15.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
DUNELM (SOFT FURNISHINGS) LTD |
|
|
|
|
Formerly Known As : |
DUNELM SOFT-FURNISHINGS LIMITED |
|
|
|
|
Registered Office : |
Dunelm Store Support Centre Watermead Business Park Leicester Leicestershire LE7 1AD |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
03.07.2010 |
|
|
|
|
Date of Incorporation : |
08.05.1987 |
|
|
|
|
Com. Reg. No.: |
02129238 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Retail Sale of Textiles |
|
|
|
|
No. of Employees : |
6085 |
RATING & COMMENTS
|
MIRAs 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 : |
£3,950,000 |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Exists |
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 DUNELM (SOFT
FURNISHINGS) LTD
Company Number 02129238
Safe Number UK01793584
Registered Address DUNELM
STORE SUPPORT CENTRE WATERMEAD BUSINESS PARK LEICESTER
Trading Address Dunelm
Store Support Centre
Watermead Business Park
Leicester
Leicestershire
LE7 1AD
Website Address http://www.dunelm-mill.co.uk
Telephone Number - TPS No
Fax Number - FPS No
Incorporation Date 08/05/1987
Company Status
Active - Accounts
Filed
Previous Name DUNELM
SOFT-FURNISHINGS LIMITED
Type Private
limited with Share Capital
Date of Change 05/01/2005
Filing Date of Accounts 15/12/2010
Share Capital £2,000,000
SIC03 5241 Currency
GBP SIC03
Description RETAIL
SALE OF TEXTILES SIC07 47510 SIC07
Description RETAIL
SALE OF TEXTILES IN SPECIALISED STORES
Principal Activity Retail of soft furnishings.
CREDIT recommendation
Current Credit Limit: £3,950,000
DIRECTORS/MANAGEMENT
|
Total Current Directors |
5 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
14 |
Current Directors
|
Name |
Date of Birth |
04/03/1972 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
10 |
Function |
Director |
|
Appointment Date |
01/05/1995 |
|
|
|
Address |
Dunelm Store Support Centre
Watermead Business Par, Syston, Leicester, LE7 1AD |
||
|
Name |
Date of Birth |
02/07/1973 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment Date |
05/04/2002 |
|
|
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, LE7 1AD |
||
|
Name |
Date of Birth |
14/07/1965 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment Date |
02/07/2004 |
|
|
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, LE7 1AD |
||
|
Name |
Date of Birth |
22/03/1958 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
11 |
Function |
Director |
|
Appointment Date |
15/09/2003 |
|
|
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, LE7 1AD |
||
|
Name |
Date of Birth |
26/08/1966 |
||||||
|
Officers Title |
Mr |
Nationality |
British |
|||||
|
Present Appointments |
4 |
Function |
Director |
|
|||
|
Appointment Date |
16/12/2010 |
|
|
|
|||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, LE7 1AD |
|
|||||
|
|
|
|
|
|
|||
Current Company Secretary
|
Name |
Date of Birth |
22/03/1958 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
11 |
Function |
Company Secretary |
|
Appointment Date |
26/11/2007 |
|
|
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, LE7 1AD |
||
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
0 |
14 |
|
|
0 |
2 |
|
|
0 |
2 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
1 |
1 |
|
|
1 |
4 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
2 |
1 |
|
|
0 |
1 |
|
|
0 |
4 |
NEGATIVE INFORMATION
Commentary
|
Multiple CCJ's recorded against the company. |
|
|
There has been no significant change in the company's credit rating. |
|
|
The credit limit on this company has risen 2.6% in comparison to the
previously suggested credit limit. |
|
|
Sales in the latest trading period increased 16.3% on the previous
trading period. |
|
|
Net Worth increased by 36.8% during the latest trading period. |
|
|
A 4.5% growth in Total Assets occurred during the latest trading
period. |
|
|
Pre-tax profits increased by 48% compared to the previous trading
period. |
|
|
The company saw a decrease in their Cash Balance of 36% during the
latest trading period. |
|
|
The audit report contains no adverse comments. |
|
|
The company has undergone recent changes in its directorships. |
|
|
The company is part of a group. |
|
|
The company has changed its registered address recently. |
|
|
The company was established over 24 years ago. |
|
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%20LTD%20%20%20169695%2015-Feb-2012_files/image002.gif){kind=small}
%20LTD%20%20%20169695%2015-Feb-2012_files/image003.gif){kind=small}
CCJ
|
Total Number of Exact CCJs - |
Total Value of Exact CCJs - |
||
|
Total Number of Possible CCJs - |
Total Value of Possible CCJs - |
||
|
Total Number of Satisfied CCJs - |
Total Value of Satisfied CCJs - |
||
|
Total Number of Writs - |
|
|
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
11/05/2010 |
NORTHAMPTON CCBC |
£69 |
Judgement |
0QT44391 |
- |
|
22/04/2010 |
NORTHAMPTON CCBC |
£135 |
Judgement |
0QT39879 |
- |
|
29/05/2009 |
DARTFORD |
£1,045 |
Judgement |
9DA02335 |
- |
|
29/07/2008 |
BOURNEMOUTH |
£894 |
Judgement |
8BH02809 |
- |
Possible CCJ Details
There are no possible CCJ details
Writ Details
There are no writ details
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
11/05/2010 |
NORTHAMPTON CCBC |
£69 |
Judgement |
0QT44391 |
- |
|
22/04/2010 |
NORTHAMPTON CCBC |
£135 |
Judgement |
0QT39879 |
- |
|
29/05/2009 |
DARTFORD |
£1,045 |
Judgement |
9DA02335 |
- |
|
29/07/2008 |
BOURNEMOUTH |
£894 |
Judgement |
8BH02809 |
- |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
SHARE & SHARE CAPITAL
INFORMATION
Na
PAYMENT INFORMATION
Payment Information Summary
|
Total number of Invoices available |
158 |
|
Total number of Invoices paid within or up to 30 days after the due
date |
137 |
|
Total number of Invoices paid more than 30 days after the due date |
19 |
|
Total number of Invoices currently outstanding where the due date has
not yet been reached |
1 |
|
Total number of Invoices currently outstanding beyond the due date |
1 |
Creditor Details
|
No Creditor Data |
|
Total Value |
- |
Trade Debtors / Bad Debt Detail
|
No Debtor Data |
|
Total Value |
- |
GROUP STRUCTURE & AFFILIATED
COMPANIES
Top 20 Shareholders
|
Name |
Individual Share Value |
|
DUNELM GROUP PLC |
2,000,000 ORDINARY GBP 1.00 |
|
Summary
|
Group structure
|
Company Name |
|
Safe Number |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
04708277 |
02.07.2011 |
Y |
£538,474,000 |
||
|
|
02129238 |
03.07.2010 |
N |
£492,839,000 |
||
|
|
04708269 |
03.07.2010 |
N |
£3,226,000 |
||
|
|
06884714 |
03.07.2010 |
N |
£493,000 |
||
|
|
05045977 |
03.07.2010 |
N |
|
||
|
|
05357374 |
03.07.2010 |
N |
|
%20LTD%20%20%20169695%2015-Feb-2012_files/image004.gif){kind=small}
Group 6 companies Linkages 0 companies Countries
In 0 countries
FINANCIAL INFORMATION
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder Funds |
Employees |
|
03/07/2010 |
£492,839,000 |
£77,245,000 |
£65,230,000 |
6085 |
|
04/07/2009 |
£423,783,000 |
£52,181,000 |
£49,712,000 |
5409 |
|
28/06/2008 |
£391,795,000 |
£49,156,000 |
£32,327,000 |
5231 |
Profit & Loss
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Weeks |
52 |
(%) |
53 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£492,839,000 |
16.3% |
£423,783,000 |
8.2% |
£391,795,000 |
10.5% |
£354,721,000 |
12.5% |
£315,187,000 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£262,253,000 |
12.3% |
£233,628,000 |
7.7% |
£217,018,000 |
-27.9% |
£301,023,000 |
14.2% |
£263,546,000 |
|
Gross Profit |
£230,586,000 |
21.3% |
£190,155,000 |
8.8% |
£174,777,000 |
225.5% |
£53,698,000 |
4% |
£51,641,000 |
|
Wages & Salaries |
£64,766,000 |
14.7% |
£56,466,000 |
13.6% |
£49,701,000 |
11.6% |
£44,550,000 |
13.4% |
£39,302,000 |
|
Directors Emoluments |
£392,000 |
41.5% |
£277,000 |
1.5% |
£273,000 |
-36.8% |
£432,000 |
27.4% |
£339,000 |
|
Operating Profit |
£76,118,000 |
46.5% |
£51,946,000 |
5% |
£49,481,000 |
18.6% |
£41,729,000 |
2.2% |
£40,819,000 |
|
Depreciation |
£8,760,000 |
18.2% |
£7,410,000 |
9% |
£6,799,000 |
-7.7% |
£7,367,000 |
-9.2% |
£8,109,000 |
|
Audit Fees |
£51,000 |
2% |
£50,000 |
- |
£50,000 |
-5.7% |
£53,000 |
-10.2% |
£59,000 |
|
Interest Payments |
£2,451,000 |
-25% |
£3,267,000 |
3.3% |
£3,163,000 |
-24.1% |
£4,165,000 |
73% |
£2,407,000 |
|
Pre Tax Profit |
£77,245,000 |
48% |
£52,181,000 |
6.2% |
£49,156,000 |
23.7% |
£39,752,000 |
-0.5% |
£39,946,000 |
|
Taxation |
-£22,336,000 |
-45.7% |
-£15,327,000 |
0.4% |
-£15,395,000 |
-25.7% |
-£12,243,000 |
0.8% |
-£12,345,000 |
|
Profit After Tax |
£54,909,000 |
49% |
£36,854,000 |
9.2% |
£33,761,000 |
22.7% |
£27,509,000 |
-0.3% |
£27,601,000 |
|
Dividends Payable |
£20,000 |
100% |
£10,000 |
-100% |
£20,000,000 |
- |
£20,000,000 |
- |
- |
|
Retained Profit |
£54,889,000 |
49% |
£36,844,000 |
167.7% |
£13,761,000 |
83.3% |
£7,509,000 |
-72.8% |
£27,601,000 |
Balance Sheet
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Tangible Assets |
£56,976,000 |
22.4% |
£46,542,000 |
12.8% |
£41,247,000 |
14.4% |
£36,044,000 |
-2.9% |
£37,114,000 |
|
Intangible Assets |
£5,202,000 |
-11% |
£5,843,000 |
178.6% |
£2,097,000 |
-42.8% |
£3,668,000 |
0.1% |
£3,665,000 |
|
Total Fixed
Assets |
£62,178,000 |
18.7% |
£52,385,000 |
20.9% |
£43,344,000 |
9.1% |
£39,712,000 |
-2.6% |
£40,779,000 |
|
Stock |
£62,583,000 |
8.1% |
£57,895,000 |
-4.6% |
£60,710,000 |
0.1% |
£60,657,000 |
7.7% |
£56,346,000 |
|
Trade Debtors |
£119,000 |
-74.1% |
£460,000 |
219.4% |
£144,000 |
-12.2% |
£164,000 |
141.2% |
£68,000 |
|
Cash |
£15,369,000 |
-36% |
£24,016,000 |
741.8% |
£2,853,000 |
-83.6% |
£17,368,000 |
485.8% |
£2,965,000 |
|
Other Debtors |
£55,083,000 |
5.7% |
£52,127,000 |
11% |
£46,951,000 |
10.3% |
£42,577,000 |
345.8% |
£9,551,000 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£5,998,000 |
|
Total Current
Assets |
£133,154,000 |
-1% |
£134,498,000 |
21.5% |
£110,658,000 |
-8.4% |
£120,766,000 |
61.2% |
£74,928,000 |
|
Trade Creditors |
£32,391,000 |
23% |
£26,337,000 |
15.1% |
£22,875,000 |
2.4% |
£22,343,000 |
-7.6% |
£24,184,000 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£48,349,000 |
-24.5% |
£64,009,000 |
-0.5% |
£64,306,000 |
-27.1% |
£88,187,000 |
61.6% |
£54,587,000 |
|
Miscellaneous Current Liabilities |
£48,592,000 |
4.5% |
£46,506,000 |
37.5% |
£33,825,000 |
37.5% |
£24,596,000 |
31.9% |
£18,647,000 |
|
Total Current
Liabilities |
£129,332,000 |
-5.5% |
£136,852,000 |
13.1% |
£121,006,000 |
-10.4% |
£135,126,000 |
38.7% |
£97,418,000 |
|
Bank Loans & Overdrafts and LTL |
£770,000 |
141.4% |
£319,000 |
-52.3% |
£669,000 |
- |
0 |
-100% |
£601,000 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term
Liabilities |
£770,000 |
141.4% |
£319,000 |
-52.3% |
£669,000 |
- |
0 |
-100% |
£601,000 |
Capital & Reserves
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Called Up Share Capital |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
|
P & L Account Reserve |
£63,622,000 |
33.3% |
£47,712,000 |
57.3% |
£30,327,000 |
30.8% |
£23,189,000 |
47.8% |
£15,688,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
-£392,000 |
- |
- |
- |
- |
-100% |
£163,000 |
- |
- |
|
Shareholder
Funds |
£65,230,000 |
31.2% |
£49,712,000 |
53.8% |
£32,327,000 |
27.5% |
£25,352,000 |
43.3% |
£17,688,000 |
Other Financial Items
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Net Worth |
£60,028,000 |
36.8% |
£43,869,000 |
45.1% |
£30,230,000 |
39.4% |
£21,684,000 |
54.6% |
£14,023,000 |
|
Working Capital |
£3,822,000 |
262.4% |
-£2,354,000 |
77.3% |
-£10,348,000 |
27.9% |
-£14,360,000 |
36.1% |
-£22,490,000 |
|
Total Assets |
£195,332,000 |
4.5% |
£186,883,000 |
21.4% |
£154,002,000 |
-4% |
£160,478,000 |
38.7% |
£115,707,000 |
|
Total Liabilities |
£130,102,000 |
-5.2% |
£137,171,000 |
12.7% |
£121,675,000 |
-10% |
£135,126,000 |
37.9% |
£98,019,000 |
|
Net Assets |
£65,230,000 |
31.2% |
£49,712,000 |
53.8% |
£32,327,000 |
27.5% |
£25,352,000 |
43.3% |
£17,688,000 |
Cash Flow
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Net Cashflow from Operations |
£51,507,000 |
-13.4% |
£59,473,000 |
234% |
£17,808,000 |
- |
- |
- |
- |
|
Net Cashflow before Financing |
£31,065,000 |
-23.2% |
£40,446,000 |
632.3% |
£5,523,000 |
- |
- |
- |
- |
|
Net Cashflow from Financing |
-£40,000,000 |
-100% |
-£20,000,000 |
- |
-£20,000,000 |
- |
- |
- |
- |
|
Increase in Cash |
-£8,935,000 |
-143.7% |
£20,446,000 |
241.2% |
-£14,477,000 |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
03/07/10 |
(%) |
04/07/09 |
(%) |
28/06/08 |
(%) |
30/06/07 |
(%) |
30/06/06 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£66,000,000 |
31.9% |
£50,031,000 |
51.6% |
£32,996,000 |
30.2% |
£25,352,000 |
38.6% |
£18,289,000 |
|
Number of Employees |
6085 |
12.5% |
5409 |
3.4% |
5231 |
47.8% |
3539 |
-27.5% |
4880 |
|
Auditors |
KPMG AUDIT PLC |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
BARCLAYS BANK PLC |
||||||||
|
Bank Branch Code |
20-07-71 |
||||||||
Ratios
|
Date Of Accounts |
03/07/10 |
04/07/09 |
28/06/08 |
30/06/07 |
30/06/06 |
|
Pre-tax profit margin % |
15.67 |
12.31 |
12.55 |
11.21 |
12.67 |
|
Current ratio |
1.03 |
0.98 |
0.91 |
0.89 |
0.77 |
|
Sales/Net Working Capital |
128.95 |
-180.03 |
-37.86 |
-24.70 |
- |
|
Gearing % |
1.20 |
0.60 |
2.10 |
0 |
3.40 |
|
Equity in % |
34.30 |
27.50 |
21.30 |
16.20 |
15.80 |
|
Creditor Days |
23.92 |
23.05 |
21.25 |
22.93 |
28.01 |
|
Debtor Days |
0.08 |
0.40 |
0.13 |
0.17 |
0.08 |
|
Liquidity/Acid Test |
0.54 |
0.55 |
0.41 |
0.44 |
0.19 |
|
Return On Capital Employed % |
117.03 |
104.29 |
148.97 |
156.80 |
218.42 |
|
Return On Total Assets Employed % |
39.54 |
27.92 |
31.91 |
24.77 |
34.52 |
|
Current Debt Ratio |
1.98 |
2.75 |
3.74 |
5.32 |
5.51 |
|
Total Debt Ratio |
1.99 |
2.75 |
3.76 |
5.32 |
5.54 |
|
Stock Turnover Ratio % |
12.69 |
13.66 |
15.49 |
17.10 |
17.88 |
|
Return on Net Assets Employed % |
118.41 |
104.96 |
152.05 |
156.80 |
225.84 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Mortgage Summary
|
Outstanding |
0 |
|
Satisfied |
9 |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
|
24/12/2011 |
Annual Returns |
|
|
07/11/2011 |
Change in Reg.Office |
|
|
05/10/2011 |
Change in Reg.Office |
|
|
05/10/2011 |
Change of Company Postcode |
|
|
05/01/2011 |
New Board Member Mr N.B. Wharton appointed |
|
|
27/12/2010 |
New Board Member Mr N.B. Wharton appointed |
|
|
20/12/2010 |
New Accounts Filed |
|
|
20/12/2010 |
New Accounts Filed |
|
|
15/12/2010 |
Annual Returns |
|
|
02/03/2010 |
New Accounts Filed |
|
|
02/03/2010 |
New Accounts Filed |
|
|
26/01/2010 |
Annual Returns |
|
|
15/02/2009 |
Annual Returns |
|
|
30/12/2008 |
New Accounts Filed |
|
|
07/01/2008 |
New Accounts Filed |
Previous Company Names
|
Date |
Previous Name |
Companies House Documents |
|
05/01/2005 |
DUNELM SOFT-FURNISHINGS LIMITED |
|
Mortgage Details
|
Mortgage Type: |
AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT |
||
|
Date Charge Created: |
17/06/03 |
|
|
|
Date Charge Registered: |
25/06/03 |
|
|
|
Date Charge Satisfied: |
03/08/05 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS TSB BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE
OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ANY SUM OR SUMS STANDING TO THE CREDIT OF ANY PRESENT OR FUTURE
ACCOUNT OF THE COMPANY WITH THE BANK |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
30/08/02 |
|
|
|
Date Charge Registered: |
06/09/02 |
|
|
|
Date Charge Satisfied: |
29/11/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS
FIXTURESFIXED PLANT AND MACHINERY |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
01/10/91 |
|
|
|
Date Charge Registered: |
18/01/91 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
L/H PROPERTY IN UNION WALK HEREFORD FLOATING CHARGE OVER ALL MOVEABLE PLANT
MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
01/10/91 |
|
|
|
Date Charge Registered: |
18/10/91 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY IN UNION WALK HEREFOED T/NO;-HW8786 FLOATING CHARGE OVER ALL
MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
31/05/94 |
|
|
|
Date Charge Registered: |
02/06/94 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
L/H 54 UNION WALK HEREFORD AND ALL BUILDINGS FIXTURES AND GOODWILL
FLOATING CHARGE OVER ALL MOVEABLEPLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
08/03/91 |
|
|
|
Date Charge Registered: |
27/04/93 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
7 GULLET LANE KIRBY MUXLOE LEICESTER FLOATING CHARGE OVER ALL MOVEABLE
PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
24/07/92 |
|
|
|
Date Charge Registered: |
30/07/92 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY K/A 20/22/24 JAMES STREET BOSTON LINCS T/N:LL62490
FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
21/02/92 |
|
|
|
Date Charge Registered: |
04/03/92 |
|
|
|
Date Charge Satisfied: |
03/07/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
F/H 70-72-72A AND 74 CHURCHGATE LEICESTER T/N LT 53219 FLOATING CHARGE
OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
21/02/92 |
|
|
|
Date Charge Registered: |
24/02/92 |
|
|
|
Date Charge Satisfied: |
25/02/98 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY AT 70,72, 72A AND 74 CHURCHGATE LEICESTER T/NO;-LT53219 FLOATING
CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND
EQUIPMENT |
||
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.33 |
|
|
1 |
Rs.77.41 |
|
Euro |
1 |
Rs.64.84 |
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 SCs 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.