x
MIRA
INFORM REPORT
|
Report Date : |
16.02.2012 |
|
Tel. No.: |
01782821390 |
|
Fax No.: |
01782817034 |
IDENTIFICATION DETAILS
|
Name : |
STREAMLINE SALES LIMITED |
|
|
|
|
Registered Office : |
Unit 26 Newfield Ind Estate High Street Stoke On Trent ST6 5PD |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.10.2010 |
|
|
|
|
Date of Incorporation : |
12.04.1985 |
|
|
|
|
Com. Reg. No.: |
01904819 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Wholesale of Textiles |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
£30,000 |
|
Status : |
Satisfactory |
|
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 |
STREAMLINE SALES LIMITED |
Company Number |
01904819 |
|
|
|
Safe Number |
UK01570980 |
|
Registered
Address |
UNIT 26 NEWFIELD IND ESTATE |
Trading Address |
New Caledonia Mills |
|
|
HIGH STREET |
|
|
|
|
STOKE ON TRENT |
|
|
|
|
ST6 5PD |
|
|
|
Website Address |
- |
|
|
|
Telephone Number
|
- |
Fax Number |
|
|
TPS |
- |
FPS |
No |
|
Incorporation
Date |
12/04/1985 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
|
Type |
Private limited with Share Capital |
|
Date of Change |
- |
Filing Date of
Accounts |
03/02/2011 |
|
|
|
Share Capital |
£1,000 |
|
SIC03 |
5141 |
Currency |
GBP |
|
SIC03
Description |
WHOLESALE OF TEXTILES |
||
|
SIC07 |
46410 |
||
|
SIC07
Description |
WHOLESALE OF TEXTILES |
||
|
Principal
Activity |
Wholesale of textiles. |
||
CREDIT RECOMENDATION
Current Credit Limit: £30,000
DIRECTORS/MANAGEMENT
|
Total Current Directors |
2 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
0 |
Current Directors
|
Name |
Date of Birth |
09/07/1943 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
9 |
Function |
Director |
|
Appointment Date |
27/03/1992 |
|
|
|
Address |
Unit 26 Newfields Industrial Estate High Street,
Sandyford, Stoke-On-Trent, ST6 5PD |
||
|
|
|
|
|
|
Name |
Date of Birth |
29/01/1968 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment Date |
27/03/1992 |
|
|
|
Address |
Unit 26 Newfields Industrial Estate High Street, Sandyford,
Stoke-On-Trent, ST6 5PD |
||
|
|
|
|
|
Current Company Secretary
|
Name |
Date of Birth |
29/01/1968 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Company Secretary |
|
Appointment Date |
27/03/1992 |
|
|
|
Address |
The Hayloft Heighley Castle Lane, Betley, Crewe, CW3
9AZ |
||
Previous Director/Company
Secretaries
|
No Previous Director Details |
NEGATIVE INFORMATION
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 - |
|
|
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
Back to Top
Mortgage Summary
|
Outstanding |
1 |
|
Satisfied |
0 |
Exact CCJ Details
|
No CCJs found |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
SHARE & SHARE CAPITAL
INFORMATION
Top 20 Shareholders
|
Name |
Individual Share
Value |
|
PAMELA ANN GREATBATCH |
1,000 ORDINARY GBP 1.00 |
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Ultimate Holding Company
|
Group |
- |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
- |
|
Ownership Status
|
|
Group structure
No group structure
FINANCIAL INFORMATION
Profit & Loss
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Gross Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Wages & Salaries |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Depreciation |
£9,696 |
-24.3% |
£12,800 |
-23.9% |
£16,829 |
66.8% |
£10,091 |
-10.8% |
£11,314 |
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Interest Payments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Pre Tax Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Profit After Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Balance Sheet
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Tangible Assets |
£31,283 |
-23.7% |
£40,979 |
-23.1% |
£53,299 |
-14.9% |
£62,637 |
71.7% |
£36,490 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£31,283 |
-23.7% |
£40,979 |
-23.1% |
£53,299 |
-14.9% |
£62,637 |
71.7% |
£36,490 |
|
Stock |
£220,326 |
34.8% |
£163,459 |
-24.3% |
£215,853 |
29.5% |
£166,706 |
2.9% |
£162,045 |
|
Trade Debtors |
£581,153 |
35.9% |
£427,692 |
-42.7% |
£746,982 |
0.5% |
£743,443 |
- |
0 |
|
Cash |
£174,261 |
-60.7% |
£443,169 |
20.7% |
£367,045 |
-0.9% |
£370,332 |
230.6% |
£112,014 |
|
Other Debtors |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£697,109 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£975,740 |
-5.7% |
£1,034,320 |
-22.2% |
£1,329,880 |
3.9% |
£1,280,481 |
31.8% |
£971,168 |
|
Trade Creditors |
£537,987 |
-5.8% |
£571,359 |
-37.6% |
£915,003 |
-1.5% |
£928,808 |
- |
0 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Miscellaneous Current Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£656,392 |
|
Total Current Liabilities |
£537,987 |
-5.8% |
£571,359 |
-37.6% |
£915,003 |
-1.5% |
£928,808 |
41.5% |
£656,392 |
|
Bank Loans & Overdrafts and LTL |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
Capital & Reserves
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Called Up Share Capital |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
|
P & L Account Reserve |
£468,036 |
-6.9% |
£502,940 |
7.7% |
£467,176 |
13% |
£413,310 |
18% |
£350,266 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£469,036 |
-6.9% |
£503,940 |
7.6% |
£468,176 |
13% |
£414,310 |
17.9% |
£351,266 |
Other Financial Items
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Net Worth |
£469,036 |
-6.9% |
£503,940 |
7.6% |
£468,176 |
13% |
£414,310 |
17.9% |
£351,266 |
|
Working Capital |
£437,753 |
-5.4% |
£462,961 |
11.6% |
£414,877 |
18% |
£351,673 |
11.7% |
£314,776 |
|
Total Assets |
£1,007,023 |
-6.3% |
£1,075,299 |
-22.3% |
£1,383,179 |
3% |
£1,343,118 |
33.3% |
£1,007,658 |
|
Total Liabilities |
£537,987 |
-5.8% |
£571,359 |
-37.6% |
£915,003 |
-1.5% |
£928,808 |
41.5% |
£656,392 |
|
Net Assets |
£469,036 |
-6.9% |
£503,940 |
7.6% |
£468,176 |
13% |
£414,310 |
17.9% |
£351,266 |
Miscellaneous
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£469,036 |
-6.9% |
£503,940 |
7.6% |
£468,176 |
13% |
£414,310 |
17.9% |
£351,266 |
|
Number of Employees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Auditors |
|
||||||||
|
Auditor Comments |
The company is exempt from audit |
||||||||
|
Bankers |
NATIONAL WESTMINSTER BANK PLC |
||||||||
|
Bank Branch Code |
|
||||||||
Ratios
|
Date Of Accounts |
31/10/10 |
31/10/09 |
31/10/08 |
31/10/07 |
31/10/06 |
|
Pre-tax profit margin % |
- |
- |
- |
- |
- |
|
Current ratio |
1.81 |
1.81 |
1.45 |
1.38 |
1.48 |
|
Sales/Net Working Capital |
- |
- |
- |
- |
- |
|
Gearing % |
0 |
0 |
0 |
0 |
0 |
|
Equity in % |
46.60 |
46.90 |
33.80 |
30.80 |
34.90 |
|
Creditor Days |
- |
- |
- |
- |
- |
|
Debtor Days |
- |
- |
- |
- |
- |
|
Liquidity/Acid Test |
1.40 |
1.52 |
1.21 |
1.20 |
1.23 |
|
Return On Capital Employed % |
- |
- |
- |
- |
- |
|
Return On Total Assets Employed % |
- |
- |
- |
- |
- |
|
Current Debt Ratio |
1.14 |
1.13 |
1.95 |
2.24 |
1.87 |
|
Total Debt Ratio |
1.14 |
1.13 |
1.95 |
2.24 |
1.87 |
|
Stock Turnover Ratio % |
- |
- |
- |
- |
- |
|
Return on Net Assets Employed % |
- |
- |
- |
- |
- |
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder
Funds |
Employees |
|
31/10/2010 |
- |
- |
£469,036 |
- |
|
31/10/2009 |
- |
- |
£503,940 |
- |
|
31/10/2008 |
- |
- |
£468,176 |
- |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
05/04/2011 |
Annual Returns |
|
10/02/2011 |
New Accounts Filed |
|
31/05/2010 |
Change in Reg.Office |
|
17/04/2010 |
Annual Returns |
|
25/01/2010 |
New Accounts Filed |
|
14/04/2009 |
Annual Returns |
|
07/01/2009 |
New Accounts Filed |
|
15/04/2008 |
Annual Returns |
|
11/04/2008 |
Change in Reg.Office |
|
11/04/2008 |
Change of Company Postcode |
|
30/01/2008 |
New Accounts Filed |
|
26/06/2007 |
New Accounts Filed |
|
25/05/2006 |
New Accounts Filed |
|
18/05/2005 |
New Accounts Filed |
|
30/09/2004 |
New Board Member (SUSAN ELIZABETHSTANNARD) appointed |
Previous Company Names
|
No Previous Names found |
Mortgage Details
|
Mortgage Type: |
MORTGAGE DEBENTURE |
||
|
Date Charge
Created: |
19/02/88 |
|
|
|
Date Charge
Registered: |
01/03/88 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
A SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTIES
AND/OR THE PROCEEDS OF SALE THEREOF FIXED AND FLOATING CHARGES OVER
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL
BOOKDEBTS AND THE BENEFITS OF ANY LICENCES |
||
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.29 |
|
|
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 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.