MIRA
INFORM REPORT
|
Report Date : |
13.01.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
DINSTOCK LIMITED |
|
|
|
|
Formerly Known As : |
DIN-STOCK (MIDLANDS) LIMITED |
|
|
|
|
Registered Office : |
C/O Hw Chartered Accountants, Keepers Lane, The Wergs, Wolverhampton, WV6
8UA |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.07.2010 |
|
|
|
|
Date of Incorporation : |
16.04.1996 |
|
|
|
|
Com. Reg. No.: |
03186695 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Supplier of fastener |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 |
DINSTOCK LIMITED |
Company Number |
03186695 |
|
|
|
Safe Number |
UK02845576 |
|
Registered
Address |
C/O HW CHARTERED ACCOUNTANTS |
Trading Address |
Unit C1 |
|
|
KEEPERS LANE |
|
|
|
|
THE WERGS, WOLVERHAMPTON |
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|
|
|
WV6 8UA |
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|
|
Website Address |
|
|
|
|
Telephone Number
|
- |
Fax Number |
|
|
TPS |
- |
FPS |
No |
|
Incorporation
Date |
16/04/1996 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
DIN-STOCK (MIDLANDS) LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
29/03/2001 |
Filing Date of
Accounts |
14/12/2010 |
|
|
|
Share Capital |
£135,000 |
|
SIC03 |
5190 |
Currency |
GBP |
|
SIC03 Description
|
OTHER WHOLESALE |
||
|
SIC07 |
46900 |
||
|
SIC07
Description |
NON-SPECIALISED WHOLESALE TRADE |
||
|
Principal
Activity |
Wholesale. |
||
CREDIT recommendation
Current Credit Limit: £25,000
Credit Rating / Limit additional comments:
DIRECTORS/MANAGEMENT
|
DINSTOCK LIMITED |
03186695 |
|
Total Current Directors |
2 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
4 |
Current Directors
|
Name |
Date
of Birth |
13/09/1959 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
5 |
Function |
Director |
|
Appointment
Date |
16/04/1996 |
|
|
|
Address |
Ridge End, Pattingham Road, Perton,
Wolverhampton, WV6 7HD |
||
|
|
|
|
|
|
Name |
Date
of Birth |
27/11/1963 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment
Date |
16/04/1996 |
|
|
|
Address |
The Ostlers 2 The Mews, Burnhill Green,
Wolverhampton, WV6 7HY |
||
|
|
|
|
|
Current Company Secretary
|
Name |
Date
of Birth |
09/01/1959 |
|
|
Officers
Title |
Ms |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Company Secretary |
|
Appointment
Date |
14/01/1998 |
|
|
|
Address |
11 Bayswater Close, Gatecombe Court,
Priorslee, TF2 9GY |
||
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
SHARE & SHARE CAPITAL
INFORMATION
Top 20 Shareholders
|
Name |
Individual Share
Value |
|
GORDON PEARSON |
75,000 PREFERENCE GBP 1.00 |
|
JACKDAW TOOLS LTD |
51,000 ORDINARY GBP 1.00 |
|
ROBERT STUART PEARSON |
9,000 ORDINARY GBP 1.00 |
PAYMENT INFORMATION
Mortgage Summary
|
Outstanding |
6 |
|
Satisfied |
0 |
Mortgage Details
|
Mortgage Type: |
LEGAL ASSIGNMENT |
||
|
Date Charge
Created: |
17/08/11 |
|
|
|
Date Charge
Registered: |
18/08/11 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
ANY CREDIT BALANCE DUE TO THE COMPANY UNDER CONDITION 13 OF THE
AGREEMENT FOR THE PURCHASE OF DEBTSAND ANY DISCOUNTINGALLOWANCE DUE UNDER THE
CONTRACT THE BENEFIT OF ALL THE OTHER PROVISIONS OF THECONTRACT AND ALL
SECURITIES IN RESPECT OF THAT CREDIT BALANCE |
||
|
Mortgage Type: |
LEGAL ASSIGNMENT |
||
|
Date Charge
Created: |
18/03/09 |
|
|
|
Date Charge
Registered: |
20/03/09 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
ANY CREDIT BALANCE DUE TO THE COMPANY UNDER CONDITION 13 OF THE
AGREEMENT FOR THE PRUCHASE OF DEBTSBETWEEN THE COMPANYAND HSBC AS MORE
PARTICULARLY DESCRIBEDIN SCHEDULE 1 TO THE LEGAL ASSIGNMENT (THECONTRACT) AND
INCLUDES ANY DISCOUNTING ALLOWANCE AS DEFINED IN AND DUE UNDERTHE CONTRACT,
THE BENEFIT OF ALL THE OTHER PROVISIONS OF THE CONTRACT AND ALL SECURITIES
(IF ANY) FOR THE CONTRACT BUT ONLYIN RESPECT OF THAT CREDIT BALANCE (THE
CONTRACT MONIES) CLAUSE 9 OF THE LEGAL ASSIGNMENT STATES THAT THE COMPANY
MUST ENSURE THE CONTACT MONIES REMAIN FREE FROM ANY MORTGAGE LIEN CHARGE
PLEDGE SECURITY OR OTHER INTEREST AFFECTING THEMOTHER THAT THE LEGAL
ASSIGNMENT IN FAVOUR OF THE BANK |
||
|
Mortgage Type: |
FLOATING CHARGE |
||
|
Date Charge
Created: |
16/01/09 |
|
|
|
Date Charge
Registered: |
20/01/09 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
HSBC INVOICE FINANCE (UK) LTD |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
BY WAY OF FLOATING CHARGE ALL ASSETS THE COMPANY\S STOCK IN TRADE AND
ITS UNCALLED CAPITAL BUT (FORTHE AVOIDANCE OF DOUBT) EXCLUDING ANY DEBTS AND
ASSOCIATED RIGHTS SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST AND ON OTHER DEBTS
AND FLOATING CHARGE ON PROCEED |
||
|
Date Charge
Created: |
08/06/01 |
|
|
|
Date Charge
Registered: |
09/06/01 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
HSBC INVOICE FINANCE (UK) LTD |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
WHETHER ARISING UNDER AN AGREEMENTFOR THE PURCHASE OFDEBTS OR OTHERWISE |
||
|
Details: |
BY WAY OF FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR PURPORTED TO
BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO ANAGREEMENT FOR THE PURCHASE
OF DEBTS BETWEEN THE SECURITY HOLDER AND THE COMPANY(INCLUDING ASSOCIATED
RIGHTS RELATING THERETO) WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE
SECURITY HOLDER FOR ANY REASON AND ALL AMOUNTS OF INDEBTEDNESS NOW OR AT ANY
TIME HEREAFTER OWING ORBECOMING DUE TO THE COMPANY ON ANY ACCOUNT WHATSOEVER
INCLUDING THE ASSOCIATED RIGHTS THERETO |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge
Created: |
29/07/96 |
|
|
|
Date Charge
Registered: |
02/08/96 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
MIDLAND 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 AT UNIT C1, HORTONWOOD 10,TELFORD, SHROPSHIRE WITH THE
BENEFIT OFALL RIGHTS ETC, ANY GOODWILL OF ANY BUSINESS ANY RENTAL AND ALL
OTHER PAYMENTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
FIXED AND FLOATING CHARGE |
||
|
Date Charge
Created: |
13/05/96 |
|
|
|
Date Charge
Registered: |
18/05/96 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
MIDLAND BANK 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 UNCALLED CAPITAL GOODWILL BOOKDEBTS AND
PATENTSFIXED CHARGE ON ALL GOODWILL AND UNCALLED CAPITAL FOR THE TIME BEING
OF THE COMPANY; AND ALL PATENTS PATENT APPLICATIONS INVENTIONS TRADE MARKS
TRADE NAMES ETC |
||
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Summary
|
Group structure
|
Company Name |
|
Safe Number |
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Rating |
Limit |
Turnover |
|
|
|
UK02562921 |
02902720 |
31.07.2010 |
N |
94 |
£26,500 |
|
|
|
|
UK02845576 |
03186695 |
31.07.2010 |
N |
90 |
£25,000 |
|
|
|
|
UK00691159 |
01018784 |
31.07.2010 |
N |
N/R |
- |
|
JACKDAW
TOOLS LIMITED FINANCIAL INFORMATION
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder
Funds |
Employees |
|
31/07/2010 |
- |
- |
£363,121 |
- |
|
31/07/2009 |
- |
- |
£60,470 |
- |
|
31/07/2008 |
- |
- |
£51,087 |
- |
Profit & Loss
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
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 |
£38,554 |
-25.7% |
£51,876 |
38.2% |
£37,544 |
17.7% |
£31,910 |
-1.6% |
£32,440 |
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Interest Payments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Pre Tax Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Profit After Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Balance Sheet
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
Tangible Assets |
£512,258 |
80.5% |
£283,769 |
-3.4% |
£293,893 |
20.3% |
£244,328 |
7.1% |
£228,117 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£512,258 |
80.5% |
£283,769 |
-3.4% |
£293,893 |
20.3% |
£244,328 |
7.1% |
£228,117 |
|
Stock |
£780,162 |
-7% |
£838,964 |
-2.6% |
£861,345 |
2% |
£844,471 |
3% |
£819,792 |
|
Trade Debtors |
£648,896 |
31.1% |
£494,920 |
-40.5% |
£831,300 |
10.8% |
£750,016 |
- |
0 |
|
Cash |
£165 |
-38.7% |
£269 |
497.8% |
£45 |
- |
£45 |
- |
£45 |
|
Other Debtors |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£605,692 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£1,429,223 |
7.1% |
£1,334,153 |
-21.2% |
£1,692,690 |
6.2% |
£1,594,532 |
11.9% |
£1,425,529 |
|
Trade Creditors |
£1,373,592 |
16% |
£1,184,177 |
-34.2% |
£1,798,776 |
95.2% |
£921,726 |
- |
0 |
|
Bank Loans & Overdrafts |
£136,599 |
-56.2% |
£311,583 |
376.2% |
£65,429 |
-92.2% |
£841,518 |
- |
0 |
|
Other Short Term Finance |
£19,305 |
-27.6% |
£26,663 |
-7.3% |
£28,748 |
18.7% |
£24,226 |
- |
0 |
|
Miscellaneous Current Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£1,647,144 |
|
Total Current Liabilities |
£1,529,496 |
0.5% |
£1,522,423 |
-19.6% |
£1,892,953 |
5.9% |
£1,787,470 |
8.5% |
£1,647,144 |
|
Bank Loans & Overdrafts and LTL |
£185,463 |
-46.5% |
£346,612 |
221% |
£107,972 |
-87.8% |
£887,808 |
999.9% |
£35,609 |
|
Other Long Term Finance |
£30,263 |
61.5% |
£18,741 |
-28.6% |
£26,255 |
-26.5% |
£35,745 |
- |
0 |
|
Total Long Term Liabilities |
£48,864 |
39.5% |
£35,029 |
-17.7% |
£42,543 |
-8.1% |
£46,290 |
30% |
£35,609 |
Capital & Reserves
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
Called Up Share Capital |
£60,000 |
- |
£60,000 |
- |
£60,000 |
- |
£60,000 |
- |
£60,000 |
|
P & L Account Reserve |
£47,475 |
999.9% |
£470 |
105.3% |
-£8,913 |
83.8% |
-£54,900 |
38.4% |
-£89,107 |
|
Revaluation Reserve |
£255,646 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£363,121 |
500.5% |
£60,470 |
18.4% |
£51,087 |
901.7% |
£5,100 |
117.5% |
-£29,107 |
Other Financial Items
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
Net Worth |
£363,121 |
500.5% |
£60,470 |
18.4% |
£51,087 |
901.7% |
£5,100 |
117.5% |
-£29,107 |
|
Working Capital |
-£100,273 |
46.7% |
-£188,270 |
6% |
-£200,263 |
-3.8% |
-£192,938 |
12.9% |
-£221,615 |
|
Total Assets |
£1,941,481 |
20% |
£1,617,922 |
-18.6% |
£1,986,583 |
8% |
£1,838,860 |
11.2% |
£1,653,646 |
|
Total Liabilities |
£1,578,360 |
1.3% |
£1,557,452 |
-19.5% |
£1,935,496 |
5.5% |
£1,833,760 |
9% |
£1,682,753 |
|
Net Assets |
£363,121 |
500.5% |
£60,470 |
18.4% |
£51,087 |
901.7% |
£5,100 |
117.5% |
-£29,107 |
Cash Flow
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
31/07/10 |
(%) |
31/07/09 |
(%) |
31/07/08 |
(%) |
31/07/07 |
(%) |
31/07/06 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£411,985 |
331.4% |
£95,499 |
2% |
£93,630 |
82.2% |
£51,390 |
690.4% |
£6,502 |
|
Number of Employees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Auditors |
H W CHARTERED ACCOUNTANTS |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
HSBC BANK PLC |
||||||||
|
Bank Branch Code |
|
||||||||
Ratios
|
Date Of Accounts |
31/07/10 |
31/07/09 |
31/07/08 |
31/07/07 |
31/07/06 |
|
Pre-tax profit margin % |
- |
- |
- |
- |
- |
|
Current ratio |
0.93 |
0.88 |
0.89 |
0.89 |
0.87 |
|
Sales/Net Working Capital |
- |
- |
- |
- |
- |
|
Gearing % |
51.10 |
573.20 |
211.30 |
17408 |
-122.30 |
|
Equity in % |
18.70 |
3.70 |
2.60 |
0.30 |
-1.80 |
|
Creditor Days |
- |
- |
- |
- |
- |
|
Debtor Days |
- |
- |
- |
- |
- |
|
Liquidity/Acid Test |
0.42 |
0.32 |
0.43 |
0.42 |
0.37 |
|
Return On Capital Employed % |
- |
- |
- |
- |
- |
|
Return On Total Assets Employed % |
- |
- |
- |
- |
- |
|
Current Debt Ratio |
4.21 |
25.17 |
37.05 |
350.48 |
-56.59 |
|
Total Debt Ratio |
4.34 |
25.75 |
37.88 |
359.56 |
-57.81 |
|
Stock Turnover Ratio % |
- |
- |
- |
- |
- |
|
Return on Net Assets Employed % |
- |
- |
- |
- |
- |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Commentary
|
No exact match CCJs are recorded against the company. |
|
|
There has been no significant change in the company's credit rating. |
|
|
There has been no significant change in the company's credit limit. |
|
|
There is insufficient data to indicate a change in this companies
percentage of sales. |
|
|
In the previous 12 month trading period Net Worth increased by 500.5%. |
|
|
A 20% growth in Total Assets occurred in the previous 12 month trading
period. |
|
|
There is insufficient data to indicate a change in this companies
pre-tax profit. |
|
|
The company saw an decrease in their Cash Balance of 38.7% in the
previous 12 month trading period. |
|
|
The audit report contains no adverse comments. |
|
|
No recent changes in directorship are recorded. |
|
|
The company is part of a group. |
|
|
The positive change in the P&L Account Reserve suggests that the
company made a profit after tax and other appropriations. |
|
|
The company was established over 15 years ago. |
|
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
28/04/2011 |
Annual Returns |
|
18/12/2010 |
New Accounts Filed |
|
21/04/2010 |
Annual Returns |
|
30/11/2009 |
New Accounts Filed |
|
15/05/2009 |
New Accounts Filed |
|
22/04/2009 |
Annual Returns |
|
19/05/2008 |
Annual Returns |
|
08/05/2008 |
Annual Returns |
|
05/03/2008 |
New Accounts Filed |
|
01/05/2007 |
Change in Reg.Office |
|
01/05/2007 |
New Accounts Filed |
|
20/05/2006 |
New Accounts Filed |
|
07/03/2005 |
New Accounts Filed |
|
28/01/2005 |
Change in Reg.Office |
|
28/01/2005 |
Change of Company Postcode |
Previous Company Names
|
Date |
Previous
Name |
Companies
House Documents |
|
29/03/2001 |
DIN-STOCK (MIDLANDS) LIMITED |
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 |
|
2 |
1 |
|
|
0 |
2 |
|
|
146 |
2218 |
|
|
134 |
2230 |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.83 |
|
|
1 |
Rs.79.42 |
|
Euro |
1 |
Rs.65.90 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.