MIRA
INFORM REPORT
|
Report Date : |
27.01.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
BASTYAN FASHIONS LIMITED |
|
|
|
|
Formerly Known As : |
HS 495 LIMITED |
|
|
|
|
Registered Office : |
The Trianngle Stanton Harcourt Industrial Estate, Witney OX29 5UT |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Date of Incorporation : |
22.07.2009 |
|
|
|
|
Legal Form : |
Private Limited With Share Capital |
|
|
|
|
Line of Business : |
Production of Exclusive Ladies' Clothing and Fashion Accessories |
|
|
|
|
No. of Employees : |
24 |
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 : |
£1,000 |
|
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 |
BASTYAN FASHIONS LIMITED |
Company Number |
06969547 |
|
|
|
Safe Number |
UK06611689 |
|
Registered
Address |
THE TRIANGLE |
Trading Address |
The Triangle |
|
|
STANTON HARCOURT INDUSTRIAL ESTA |
|
|
|
|
WITNEY |
|
|
|
|
OX29 5UT |
|
|
|
Website Address |
- |
|
|
|
Telephone Number
|
- |
Fax Number |
|
|
TPS |
- |
FPS |
No |
|
Incorporation
Date |
22/07/2009 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
HS 495 LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
09/09/2009 |
Filing Date of
Accounts |
03/12/2011 |
|
|
|
Share Capital |
£100 |
|
SIC03 |
5242 |
Currency |
GBP |
|
SIC03
Description |
RETAIL SALE OF CLOTHING |
||
|
SIC07 |
47710 |
||
|
SIC07
Description |
RETAIL SALE OF CLOTHING IN SPECIALISED STORES |
||
|
Principal
Activity |
The origination and production of exclusive ladies' clothing and
fashion accessories. Commenced trading 03.2010. |
||
CREDIT RECOMENDATION
Current Credit Limit: £1,000
DIRECTORS/MANAGEMENT
Na
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
Mortgage
Summary
|
Outstanding |
0 |
|
Satisfied |
0 |
SHARE & SHARE CAPITAL
INFORMATION
Na
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Na
FINANCIAL INFORMATION
Key
Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder
Funds |
Employees |
|
28/02/2011 |
£1,800,000 |
-£1,000,000 |
-£1,100,000 |
24 |
|
30/01/2010 |
- |
-£100,000 |
-£100,000 |
18 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
SIC03 |
5242 |
Currency |
GBP |
|
SIC03
Description |
RETAIL SALE OF CLOTHING |
||
|
SIC07 |
47710 |
||
|
SIC07
Description |
RETAIL SALE OF CLOTHING IN SPECIALISED STORES |
||
|
Principal
Activity |
The origination and production of exclusive ladies' clothing and
fashion accessories. Commenced trading 03.2010. |
||
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.64 |
|
|
1 |
Rs.77.79 |
|
Euro |
1 |
Rs.65.05 |
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.