MIRA INFORM REPORT

Report Date :

16.02.2012

IDENTIFICATION DETAILS

Name :	JOHN LEWIS PLC

Registered Office :	171 Victoria Street, London,

Country :	United Kingdom

Financials (as on) :	29.01.2011

Date of Incorporation :	20.09.1928

Legal Form :	Public limited with Share Capital

Line of Business :	A group engaged in retailing.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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 :	£15,000,000
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

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	JOHN LEWIS PLC	Company Number	00233462
		Safe Number	UK00042011
Registered Address	171 VICTORIA STREET	Trading Address	George Street Aberdeen Aberdeenshire AB25 1BW
	LONDON

	SW1E 5NN
Website Address	http://www.johnlewis.co.uk
Telephone Number	01908679171	Fax Number
TPS	No	FPS	No
Incorporation Date	20/09/1928	Company Status	Active - Accounts Filed
Previous Name		Type	Public limited with Share Capital
Date of Change	-	Filing Date of Accounts	19/07/2011
		Share Capital	£8,957,500
SIC03	7415	Currency	GBP
SIC03 Description	HOLDING COMPANIES
SIC07	70100
SIC07 Description	ACTIVITIES OF HEAD OFFICES
Principal Activity	A group engaged in retailing.

CREDIT RECOMMENDATION

Current Credit Limit: £15,000,000

DIRECTORS/MANAGEMENT

Total Current Directors	5
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	20

Current Directors

Name	Mark Ian Price	Date of Birth	02/03/1961
Officers Title	Mr	Nationality	British
Present Appointments	3	Function	Director
Appointment Date	30/01/2005
Address	171 Victoria Street, , London, SW1E 5NN
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Andrew Charles Mayfield	Date of Birth	25/12/1966
Officers Title	Mr	Nationality	British
Present Appointments	10	Function	Director
Appointment Date	24/09/2001
Address	171 Victoria Street, , London, SW1E 5NN
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Andrew John Street	Date of Birth	11/06/1963
Officers Title	Mr	Nationality	British
Present Appointments	4	Function	Director
Appointment Date	30/12/2002
Address	171 Victoria Street, , London, SW1E 5NN
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Tracey Anne Killen	Date of Birth	25/04/1961
Officers Title	Ms	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	30/04/2007
Address	171 Victoria Street, , London, SW1E 5NN
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Marisa Luisa Cassoni	Date of Birth	27/12/1951
Officers Title	Ms	Nationality	British
Present Appointments	36	Function	Director
Appointment Date	20/07/2006
Address	171 Victoria Street, , London, SW1E 5NN
Other Actions	View Director Report	View Consumer Report	View Trace Report

Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Margaret Henrietta Augusta Casely-Hayford	Date of Birth	19/11/1954
Officers Title	Ms	Nationality	British
Present Appointments	32	Function	Company Secretary
Appointment Date	28/04/2006
Address	171 Victoria Street, , London, SW1E 5NN

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Betty Edith Dickinson	0	2
John S Sadler	0	3
Leslie Herbert Fletcher	0	7
David Leonard Felwick	8	14
Brian Anthony O'Callaghan	0	11
Dudley Richard Cloake	3	8
Peter Falconer	0	4
Ian David Alexander	1	14
Peter Tyndale Lewis	0	5
Peter Jerome Francis Oryan	0	3
Jean Margaret Quinn	0	1
Christopher Luke Mayhew	3	14
Brian James Pritchard	11	30
Nigel Wilfred Wreford-Brown	2	4
John Barnard Grantley Carpenter	0	8
Peter Walter Kenneth Still	1	4
Stuart Hampson	0	17
Steven Derek Esom	0	11
Terence Frank Neville	2	36
David Ernest Young	2	13

NEGATIVE INFORMATION

CCJ

Total Number of Exact CCJs -	5	Total Value of Exact CCJs -	£35,361
Total Number of Possible CCJs -	1	Total Value of Possible CCJs -	£1,408
Total Number of Satisfied CCJs -	6	Total Value of Satisfied CCJs -	£6,555
Total Number of Writs -	1

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
14/11/2011	GREAT GRIMSBY	£382	Judgement	1GG01233	-
02/02/2011	NORTHAMPTON CCBC	£1,919	Judgement	8XQ60826	-
22/06/2010	SOUTHEND	£27,792	Judgement	0SS00008	-
03/07/2009	NORTHAMPTON CCBC	£4,017	Judgement	9XZ74479	-
09/06/2009	STOCKPORT	£666	Satisfied	9SK02688	04/08/2009

Possible CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid	Registered CCJ Details
28/03/2011	BEDFORD	£1,408	Judgement	1BE00460	-	JOHN LEWIS PARTNERSHIP, CENTRAL TRANSPORT, DONCASTLE ROAD, BRACKNELL, RG12 8YB, RG12 8YB

Writ Details

Date	Court	Plaintiff
20/12/2011	R C J - LONDON QUEENS BENCH	ICKENHAM TRAVEL GROUP PLC

Mortgage Summary

Outstanding	4
Satisfied	1

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
14/11/2011	GREAT GRIMSBY	£382	Judgement	1GG01233	-
02/02/2011	NORTHAMPTON CCBC	£1,919	Judgement	8XQ60826	-
22/06/2010	SOUTHEND	£27,792	Judgement	0SS00008	-
03/07/2009	NORTHAMPTON CCBC	£4,017	Judgement	9XZ74479	-
09/06/2009	STOCKPORT	£666	Satisfied	9SK02688	04/08/2009
16/02/2009	NORTHAMPTON CCBC	£1,251	Judgement	9QT06359	-
02/01/2009	READING	£1,078	Satisfied	8RG07455	24/03/2009
12/08/2008	AYLESBURY	£320	Satisfied	8QT78722	11/10/2008
25/07/2008	RAWTENSTALL	£2,268	Satisfied	8RA02984	13/10/2008
17/07/2008	NORTHAMPTON CCBC	£1,273	Satisfied	8XQ55846	29/08/2008
09/07/2008	NORTHAMPTON CCBC	£950	Satisfied	8QT61983	17/12/2008

Possible CCJs Details

Date	Court	Amount	Status	Case Number	Date Paid	Registered CCJ Details
28/03/2011	BEDFORD	£1,408	Judgement	1BE00460	-	JOHN LEWIS PARTNERSHIP, CENTRAL TRANSPORT, DONCASTLE ROAD, BRACKNELL, RG12 8YB, RG12 8YB

Writ Details

Date	Court	Plaintiff
20/12/2011	R C J - LONDON QUEENS BENCH	ICKENHAM TRAVEL GROUP PLC

SHARE & SHARE CAPITAL INFORMATION

Top 20 Shareholders

Name	Individual Share Value
JOHN LEWIS PARTNERSHIP PLC	6,749,991 1ST CUMULATIVE PREFERENCE GBP 1.00
ANDREW JOHN STREET	1 ORDINARY GBP 1.00
BERANGERE ANDREE MIREILLE MICHEL	1 ORDINARY GBP 1.00
TRACEY ANNE KILLEN	1 ORDINARY GBP 1.00
MARK IAN PRICE	1 ORDINARY GBP 1.00
REYNOLD LEE HAUFF	1 ORDINARY GBP 1.00
SANJAY PATEL	1 ORDINARY GBP 1.00
TINA SANDRA READE	1 ORDINARY GBP 1.00
ANDREW CHARLES MAYFIELD	1 ORDINARY GBP 1.00
MARISA LUISA CASSONI	1 ORDINARY GBP 1.00

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Summary

Ultimate Holding Company		JOHN LEWIS PARTNERSHIP PLC
Group	30 companies
Linkages	0 companies
Countries	In 0 countries

Group structure

Company Name	Safe Number	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
JOHN LEWIS PARTNERSHIP PLC	UK00043726	00238937	29.01.2011	Y	£7,361,800,000
JOHN LEWIS PARTNERSHIP TRUST...	UK00173832	00481406	29.01.2011	N
LECKFORD ESTATE LIMITED	UK02490095	02829583	29.01.2011	N
JOHN LEWIS PLC	UK00042011	00233462	29.01.2011	Y	£7,361,800,000
THE ODNEY ESTATE LIMITED	UK02488942	02828420	29.01.2011	N
JOHN LEWIS PT HOLDINGS LIM...	UK06748479	07106855	29.01.2011	N
BAINBRIDGE & CO. LIMITED	UK00004407	00053512	30.01.2010	N
BONDS (NORWICH) LIMITED	UK00025636	00173162	31.01.2010	N
JOHN LEWIS CAR FINANCE LIM...	UK03977884	04328890	29.01.2011	N	£9,559,594
CAVENDISH TEXTILES LIMITED	UK00044492	00241343	30.01.2010	N
COLE BROTHERS,LIMITED	UK00004719	00056053	30.01.2010	N
JLP VICTORIA LIMITED	UK03648559	03996267	30.01.2010	N
BUY.COM LIMITED	UK03365310	03709785	29.01.2011	N
JONELLE JEWELLERY LIMITED	UK00038979	00223203	29.01.2011	N
JONELLE LIMITED	UK00044252	00240604	29.01.2011	N
PETER JONES LIMITED	UK00060162	00285318	29.01.2011	N
LECKFORD MUSHROOMS LIMITED	UK00169940	00476257	30.01.2010	N
JOHN LEWIS BUILDING LIMITED	UK00068599	00306354	30.01.2010	N
JOHN LEWIS CONSTRUCTION LI...	UK00067590	00303813	30.01.2010	N
JOHN LEWIS CARD SERVICES L...	UK03948863	04299622	30.01.2010	N
JOHN LEWIS OVERSEAS LIMITED	UK00128150	00414132	30.01.2010	N
JOHN LEWIS PROPERTIES PLC	UK00067385	00303301	29.01.2011	N	£42,400,000
JOHN LEWIS TRANSPORT LIMITED	UK00198219	00512511	30.01.2010	N
HERBERT PARKINSON LIMITED	UK00073678	00318082	29.01.2011	N	£20,585,867
SUBURBAN & PROVINCIAL CONT...	UK00039227	00224036	30.01.2010	N
SUBURBAN & PROVINCIAL STOR...	UK00037206	00217320	30.01.2010	N
WAITROSE LIMITED	UK00011093	00099405	29.01.2011	Y	£4,699,900,000
HAMPRESTON ESTATES LIMITED	UK04377637	04730761	30.04.2010	N
FINDLATER MACKIE TODD &...	UK01627303	01961485	30.01.2010	N
WAITROSE CARD SERVICES L...	UK03950999	04301771	30.01.2010	N

FINANCIAL INFORMATION

Profit & Loss

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Weeks	52	(%)	52	(%)	53	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	Y	(%)	Y	(%)	Y	(%)	Y	(%)	Y
Turnover	£7,361,800,000	9.3%	£6,734,600,000	7.5%	£6,267,200,000	3.6%	£6,052,200,000	6.2%	£5,698,400,000
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	£4,878,700,000	-	£4,460,400,000	-	£4,195,400,000	-	£4,007,600,000	-	£3,794,100,000
Gross Profit	£2,483,100,000	9.2%	£2,274,200,000	9.8%	£2,071,800,000	1.3%	£2,044,600,000	7.4%	£1,904,300,000
Wages & Salaries	£1,470,400,000	13.2%	£1,299,000,000	5.4%	£1,233,000,000	-0.3%	£1,236,500,000	7.6%	£1,148,900,000
Directors Emoluments	£3,440,000	12.8%	£3,050,000	5.2%	£2,900,000	-	£2,900,000	-9.4%	£3,200,000
Operating Profit	£429,300,000	27%	£338,000,000	5.2%	£321,200,000	-18.5%	£394,100,000	11.2%	£354,300,000
Depreciation	£215,500,000	13.5%	£189,900,000	4.9%	£181,100,000	9.6%	£165,200,000	-	£165,200,000
Audit Fees	£700,000	-	£700,000	-	£700,000	-	£700,000	16.7%	£600,000
Interest Payments	£67,800,000	-22.6%	£87,600,000	63.7%	£53,500,000	36.5%	£39,200,000	-5.8%	£41,600,000
Pre Tax Profit	£173,100,000	11.7%	£154,900,000	-44.9%	£281,000,000	41.5%	£198,600,000	21%	£164,100,000
Taxation	-£45,600,000	5.6%	-£48,300,000	-1.3%	-£47,700,000	19.7%	-£59,400,000	-6.8%	-£55,600,000
Profit After Tax	£127,500,000	19.6%	£106,600,000	-54.3%	£233,300,000	67.6%	£139,200,000	28.3%	£108,500,000
Dividends Payable	£100,000	-	£100,000	-	£100,000	-	£100,000	-	-
Retained Profit	£127,400,000	19.6%	£106,500,000	-54.3%	£233,200,000	79.4%	£130,000,000	19.8%	£108,500,000

Balance Sheet

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Tangible Assets	£3,664,000,000	5.4%	£3,475,400,000	7.2%	£3,242,900,000	6.2%	£3,053,100,000	5.7%	£2,888,900,000
Intangible Assets	£111,400,000	20.4%	£92,500,000	8.7%	£85,100,000	27.2%	£66,900,000	9.1%	£61,300,000
Total Fixed Assets	£3,775,400,000	5.8%	£3,567,900,000	7.2%	£3,328,000,000	6.7%	£3,120,000,000	5.8%	£2,950,200,000
Stock	£422,000,000	5.8%	£399,000,000	13.3%	£352,300,000	2.1%	£344,900,000	-1.3%	£349,600,000
Trade Debtors	£78,600,000	19.8%	£65,600,000	43.2%	£45,800,000	13.1%	£40,500,000	-14.4%	£47,300,000
Cash	£512,700,000	-8.4%	£560,000,000	183.4%	£197,600,000	62.5%	£121,600,000	-51%	£248,000,000
Other Debtors	£132,100,000	29.8%	£101,800,000	9.3%	£93,100,000	-45.6%	£171,000,000	96.1%	£87,200,000
Miscellaneous Current Assets	£25,700,000	89%	£13,600,000	-41.9%	£23,400,000	69.6%	£13,800,000	820%	£1,500,000
Total Current Assets	£1,171,100,000	2.7%	£1,140,000,000	60.1%	£712,200,000	2.9%	£691,800,000	-5.7%	£733,600,000
Trade Creditors	£424,500,000	18.5%	£358,200,000	12.3%	£318,900,000	-6.9%	£342,500,000	5%	£326,300,000
Bank Loans & Overdrafts	£65,300,000	-43.5%	£115,600,000	52.5%	£75,800,000	29.8%	£58,400,000	12.5%	£51,900,000
Other Short Term Finance	£158,900,000	243.9%	£46,200,000	42.2%	£32,500,000	50.5%	£21,600,000	-80.3%	£109,800,000
Miscellaneous Current Liabilities	£690,900,000	15.7%	£597,300,000	26.6%	£471,700,000	-11.6%	£533,800,000	6.5%	£501,100,000
Total Current Liabilities	£1,339,600,000	19.9%	£1,117,300,000	24.3%	£898,900,000	-6%	£956,300,000	-3.3%	£989,100,000
Bank Loans & Overdrafts and LTL	£1,599,700,000	-20.1%	£2,002,000,000	33.9%	£1,494,600,000	21.5%	£1,230,000,000	12.2%	£1,096,500,000
Other Long Term Finance	£28,000,000	-1.8%	£28,500,000	-2.4%	£29,200,000	-3%	£30,100,000	-93.1%	£434,100,000
Total Long Term Liabilities	£1,534,400,000	-18.7%	£1,886,400,000	33%	£1,418,800,000	21.1%	£1,171,600,000	12.2%	£1,044,600,000

Capital & Reserves

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Called Up Share Capital	£6,700,000	-	£6,700,000	-	£6,700,000	-	£6,700,000	-	£6,700,000
P & L Account Reserve	£2,064,100,000	21.6%	£1,697,400,000	-0.5%	£1,706,400,000	1.9%	£1,674,800,000	2%	£1,641,600,000
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	£1,700,000	999.9%	£100,000	-98.9%	£9,400,000	291.7%	£2,400,000	33.3%	£1,800,000
Shareholder Funds	£2,072,500,000	21.6%	£1,704,200,000	-1.1%	£1,722,500,000	2.3%	£1,683,900,000	2%	£1,650,100,000

Other Financial Items

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Net Worth	£1,961,100,000	21.7%	£1,611,700,000	-1.6%	£1,637,400,000	1.3%	£1,617,000,000	1.8%	£1,588,800,000
Working Capital	-£168,500,000	-842.3%	£22,700,000	112.2%	-£186,700,000	29.4%	-£264,500,000	-3.5%	-£255,500,000
Total Assets	£4,946,500,000	5.1%	£4,707,900,000	16.5%	£4,040,200,000	6%	£3,811,800,000	3.5%	£3,683,800,000
Total Liabilities	£2,874,000,000	-4.3%	£3,003,700,000	29.6%	£2,317,700,000	8.9%	£2,127,900,000	4.6%	£2,033,700,000
Net Assets	£2,072,500,000	21.6%	£1,704,200,000	-1.1%	£1,722,500,000	2.3%	£1,683,900,000	2%	£1,650,100,000

Cash Flow

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Net Cashflow from Operations	£427,100,000	-13.2%	£492,100,000	26.3%	£389,700,000	15.6%	£337,200,000	-16.4%	£403,400,000
Net Cashflow before Financing	-£57,600,000	-194.3%	£61,100,000	627.4%	£8,400,000	481.8%	-£2,200,000	-104.4%	£49,600,000
Net Cashflow from Financing	£60,600,000	-76.8%	£261,500,000	420.9%	£50,200,000	138.4%	-£130,700,000	-52%	-£86,000,000
Increase in Cash	£3,000,000	-99.1%	£322,600,000	450.5%	£58,600,000	144.1%	-£132,900,000	-265.1%	-£36,400,000

Miscellaneous

Date Of Accounts	29/01/11	(%)	30/01/10	(%)	31/01/09	(%)	26/01/08	(%)	27/01/07
Contingent Liability	YES	-	NO	-	YES	-	NO	-	NO
Capital Employed	£3,606,900,000	0.5%	£3,590,600,000	14.3%	£3,141,300,000	10%	£2,855,500,000	6%	£2,694,700,000
Number of Employees	74800	6.9%	70000	1.9%	68700	0.4%	68430	2%	67100
Auditors	PRICEWATERHOUSECOOPERS LLP
Auditor Comments	The audit report contains no adverse comments
Bankers	THE ROYAL BANK OF SCOTLAND PLC
Bank Branch Code

Ratios

Date Of Accounts	29/01/11	30/01/10	31/01/09	26/01/08	27/01/07
Pre-tax profit margin %	2.35	2.30	4.48	3.28	2.88
Current ratio	0.87	1.02	0.79	0.72	0.74
Sales/Net Working Capital	-43.69	296.68	-33.57	-22.88	-22.30
Gearing %	77.20	117.50	86.80	73	66.50
Equity in %	42.90	36.90	43.60	45	45.60
Creditor Days	20.98	19.36	18.87	20.59	20.84
Debtor Days	3.88	3.54	2.71	2.43	3.02
Liquidity/Acid Test	0.55	0.66	0.40	0.36	0.39
Return On Capital Employed %	4.79	4.31	8.94	6.95	6.09
Return On Total Assets Employed %	3.49	3.29	6.95	5.21	4.45
Current Debt Ratio	0.64	0.65	0.52	0.56	0.59
Total Debt Ratio	1.38	1.76	1.34	1.26	1.23
Stock Turnover Ratio %	5.73	5.92	5.62	5.69	6.14
Return on Net Assets Employed %	8.35	9.08	16.31	11.79	9.94

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Mortgage Details

Mortgage Type:	STANDARD SECURITY PRESENTED FOR REGISTRATION IN SCOTLAND ON 12/5/86
Date Charge Created:	12/05/86
Date Charge Registered:	21/05/86
Date Charge Satisfied:	27/07/87
Status:	SATISFIED
Person(s) Entitled:	NORTHERN CO-OPERATIVE SOCIETY LIMITED
Amount Secured:	£4,238.500 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THECHARGEE IN TERMS OF THE MISSIVES OF SALE DATED 6,11,12 & 28 FEBRUARY 1986
Details:	AREA OF GROUND BOUNDED BY GEORGE STREET.JACK STEET & ST ANDREWS STREET ABERDEENWITH BUILDINGS KNOWNAS NORCO HOUSE.

Mortgage Type:
Date Charge Created:	01/09/34
Date Charge Registered:	01/09/34
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:
Amount Secured:	NO AMOUNT SECURED
Details:

Mortgage Type:
Date Charge Created:	03/07/34
Date Charge Registered:	12/07/34
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	THE PRUDENTIAL ASSURANCE COMPANY LIMITED
Amount Secured:	£1,050,000 DEBENTURE STOCK AND PREMIUM OF 5% SUPPLEMENTAL TO TRUST DEED DATED 31/1/34 AND A DEEDSUPPLEMENTAL THERETO
Details:	FREEHOLD LAND ON THE NORTH EAST SIDE OFDRAYCOTT AVENUE CHELSEA LONDON.

Mortgage Type:
Date Charge Created:	03/07/34
Date Charge Registered:	12/07/34
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	THE PRUDENTIAL ASSURANCE COMPANY LIMITED
Amount Secured:	FOR SECURING £1,050,000 DEBENTURE STOCKAND PREMIUM OF 5% SUPPLEMENTAL TO TRUST DEED DATED 31/1/34AND A DEED SUPPLEMENTAL THERETO
Details:	LAND AND PREMISES AT REAR OF 19,21,23 PALMERSTON RD & NO 7 RICHMOND PLACELAND AND SHOPS NOS 25,27,29,31,33 & 35 PALMERSTON RD & 1 STANLEY LANE. SOUTHSEA PORTSMOUTH LAND AT NORTH SIDE OF STANLEY LANE.SOUTHSEA.

Mortgage Type:
Date Charge Created:	27/04/34
Date Charge Registered:	07/05/34
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	THE PRUDENTIAL ASSURANCE COMPANY LIMITED
Amount Secured:	DEBENTURE STOCK AMOUNTING TO £850,000 AND ANY FURTHER STOCK UP TO £400,000 AND A PREMIUM OF £5%
Details:	23,24,25 & 26 SLOANE SQUARE CHELSEA ANDLAND BUILDINGS AT BACK. 1 TO 31 (ODD) &31A SYMONS STREET CHELSEA. 2 TO 28 (EVEN) & 10A KINGS ROAD CHELSEA. 25 TO 31 (ODD) CADOGAN GARDENS CHELSEA.

Status History

No Status History found

Event History

Date	Description
26/01/2012	NEW WRITS RECORD
04/11/2011	New Accounts Filed
27/07/2011	New Accounts Filed
27/07/2011	New Accounts Filed
22/07/2011	Annual Returns
20/05/2011	Annual Returns
03/08/2010	Annual Returns
30/06/2010	New Accounts Filed
30/06/2010	New Accounts Filed
27/08/2009	New Accounts Filed
27/08/2009	New Accounts Filed
27/08/2009	New Board Member Ms M.L. Cassoni appointed
26/07/2009	Annual Returns
22/08/2008	New Accounts Filed
17/08/2008	Annual Returns

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.25
UK Pound	1	Rs.77.45
Euro	1	Rs.64.89

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.