MIRA
INFORM REPORT
|
Report Date : |
03.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
JACK WILLS LIMITED |
|
|
|
|
Formerly Known As : |
PRM WILLIAMS CLOTHING LIMITED |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.01.2011 |
|
|
|
|
Date of Incorporation : |
05.02.1998 |
|
|
|
|
Com. Reg. No.: |
03504842 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Retail |
|
|
|
|
No. of Employees : |
1844 |
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 : |
Good |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
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
|
JACK WILLS LIMITED |
03504842 |
|
Company Name |
JACK WILLS LIMITED |
Company Number |
03504842 |
|
|
|
|
|
|
Registered
Address |
|
Trading Address |
|
|
|
SALCOMBE |
|
|
|
|
|
|
|
|
|
TQ8 8ET |
|
|
|
Website Address |
Headquarters |
Unit |
|
|
|
|
|
|
|
Telephone Number
|
01548842007 |
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation
Date |
05/02/1998 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
PRM WILLIAMS CLOTHING LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
25/06/1998 |
Filing Date of
Accounts |
11/10/2011 |
|
|
|
Share Capital |
£113,384 |
|
SIC03 |
5242 |
Currency |
GBP |
|
SIC03
Description |
RETAIL |
||
|
SIC07 |
47710 |
||
|
SIC07
Description |
RETAIL |
||
|
Principal
Activity |
Retail clothes. |
||
DIRECTORS/MANAGEMENT
|
Total Current Directors |
9 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
7 |
Current Directors
|
Name |
Date of Birth |
28/10/1968 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
20 |
Function |
Director |
|
Appointment Date |
05/07/2007 |
|
|
|
Address |
Flat 5, 48 Chepstow Villas, |
||
|
Name |
Date of Birth |
08/10/1973 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
05/02/1998 |
|
|
|
Address |
Manor Farm House, East Dean, |
||
|
Name |
Date of Birth |
21/11/1972 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment Date |
06/02/2008 |
|
|
|
Address |
|
||
|
Name |
Date of Birth |
10/12/1962 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Director |
|
Appointment Date |
05/05/2009 |
|
|
|
Address |
Jasmine House 26 Old Holt Road, Medbourne, , Market |
||
|
Name |
Date of Birth |
22/10/1947 |
|
|
Officers Title |
Mr |
Nationality |
Canadian |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment Date |
29/01/2009 |
|
|
|
Address |
|
||
|
Name |
Date of Birth |
31/12/1960 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment Date |
01/09/2009 |
|
|
|
Address |
|
||
|
Name |
Date of Birth |
12/06/1974 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment Date |
05/02/1998 |
|
|
|
Address |
|
||
|
Name |
Date of Birth |
04/12/1964 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment Date |
07/03/2011 |
|
|
|
Address |
|
||
|
Name |
Date of Birth |
04/05/1956 |
|
|
Officers Title |
Mrs |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment Date |
01/02/2010 |
|
|
|
Address |
|
||
Previous Director/Company
Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
4 |
1 |
|
|
0 |
3 |
|
|
2 |
1 |
|
|
0 |
2 |
|
|
0 |
2 |
|
|
22 |
22 |
|
|
2 |
1 |
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
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
31/05/2012 |
|
£133 |
Judgement |
1QT58617 |
- |
Possible CCJ Details
There are no possible CCJ details
Writ Details
There are no writ details
Mortgage Summary
|
Outstanding |
8 |
|
Satisfied |
3 |
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
31/05/2012 |
|
£133 |
Judgement |
1QT58617 |
- |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
Mortgage Details
|
Mortgage Type: |
GUARANTEE & DEBENTURE |
||||||
|
Date Charge
Created: |
18/04/12 |
|
|
||||
|
Date Charge
Registered: |
02/05/12 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
BARCLAYS BANK PLC |
||||||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY AND ALL THE OTHER COMPANIES AND LIMITED LIABILITY P ARTNERSHIPS TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||||||
|
Details: |
FIXED AND FLOATING CHARGE OVER THE UNDERTAKING
AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLU DING GOODWILL,
BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY |
||||||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||||||
|
Date Charge
Created: |
15/12/09 |
|
|
||||
|
Date Charge
Registered: |
19/12/09 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
BICESTER NOMINEES LIMITED & BICESTER
II NOMINEES LIMITED |
||||||
|
Amount Secured: |
£23,808.00 AND ALL OTHER MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||||||
|
Details: |
ALL SUMS HELD ON BEHALF OF THE
LANDLORDFULL TITLE GUARANTEE CHARGES INTEREST SEE IMAGE FOR FULL DETA ILS |
||||||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||||||
|
Date Charge
Created: |
23/03/09 |
|
|
||||
|
Date Charge
Registered: |
26/03/09 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
A BROOKS PROPERTIES |
||||||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||||||
|
Details: |
THE AMOUNT OUTSTANDING TO THE CREDIT A SEPARATE
DESIGNATED DEPOSIT ACCOUNT WITHTHE CHARGEES BANKERS |
||||||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||||||
|
Date Charge
Created: |
29/10/08 |
|
|
||||
|
Date Charge
Registered: |
13/11/08 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
BICESTER NOMINEES LIMITED AND BICESTER II
NOMINEES LIMITED |
||||||
|
Amount Secured: |
£15,000.00 AND ALL OTHER MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||||||
|
Details: |
ALL THOSE SUMS FROM TIME TO TIME IN
THEDEPOSIT ACCOUNT SEE IMAGE FOR FULL DETAILS |
||||||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||||||
|
Date Charge
Created: |
23/08/06 |
|
|
||||
|
Date Charge
Registered: |
25/08/06 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
ANDREW DOUGLAS BROWNSWORD |
||||||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONED INSTRUMENT CREATING
OR EVIDENCING THE CHARGE |
||||||
|
Details: |
THE INITIAL DEPOSIT TOGETHER WITH ANY
INTEREST AND ANY MONIES |
||||||
|
Mortgage Type: |
DEBENTURE |
||||||
|
Date Charge
Created: |
17/07/06 |
|
|
||||
|
Date Charge
Registered: |
26/07/06 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
BARCLAYS 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 INCLU DING
GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND
MACHINERY |
||||||
|
Mortgage Type: |
RENT DEPOSIT |
||||||
|
Date Charge
Created: |
16/06/06 |
|
|
||||
|
Date Charge
Registered: |
22/06/06 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
BRIXTON (CHASE ROAD/OAKWOOD) 1 LIMITED |
||||||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||||||
|
Details: |
THE DEPOSIT BALANCE SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
||||||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||||||
|
Date Charge
Created: |
20/05/05 |
|
|
||||
|
Date Charge
Registered: |
24/05/05 |
|
|
||||
|
Date Charge
Satisfied: |
- |
|
|
||||
|
Status: |
OUTSTANDING |
|
|
||||
|
Person(s)
Entitled: |
UK INVESTMENTS LIMITED |
||||||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||||||
|
Details: |
THE TENANTS INTEREST IN ALL THE MONIES STANDING
TO THE CREDIT OF THE ACCOUNT INCLUDING ALL INTEREST ACCRUING THERETO |
||||||
|
Mortgage Type: |
DEBENTURE |
||||||
|
Date Charge
Created: |
07/06/04 |
|
|
||||
|
Date Charge
Registered: |
08/06/04 |
|
|
||||
|
Date Charge
Satisfied: |
17/07/07 |
|
|
||||
|
Status: |
SATISFIED |
|
|
||||
|
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: |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING
AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLU DING GOODWILL BOOKDEBTS
UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY |
||||||
|
Mortgage Type: |
DEBENTURE |
||||||
|
Date Charge
Created: |
22/03/04 |
|
|
||||
|
Date Charge Registered: |
31/03/04 |
|
|
||||
|
Date Charge
Satisfied: |
02/08/06 |
|
|
||||
|
Status: |
SATISFIED |
|
|
||||
|
Person(s)
Entitled: |
SME INVOICE FINANCE LIMITED |
||||||
|
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 INCLU DING
GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY
SEE THE MORTGAG E CHARGE DOCUMENT FOR FULL DETAILS |
||||||
|
Mortgage Type: |
DEBENTURE |
||||||
|
Date Charge
Created: |
26/11/01 |
|
|
||||
|
Date Charge
Registered: |
29/11/01 |
|
|
||||
|
Date Charge
Satisfied: |
02/08/06 |
|
|
||||
|
Status: |
SATISFIED |
|
|
||||
|
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: |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING
AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLU DING GOODWILL BOOKDEBTS
UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY |
||||||
SHARE & SHARE CAPITAL
INFORMATION
|
Share Capital |
£113,384 |
Top 20 Shareholders
|
Name |
Individual Share
Value |
|
WILLS LIFESTYLE HOLDINGS LTD |
113,384 ORDINARY GBP 1.00 |
PAYMENT INFORMATION
Payment Information Summary
|
Days Beyond Terms |
Trend Indicator |
|
||||
|
Steady Improving Worsening |
|
GROUP STRUCTURE & AFFILIATED
COMPANIES
|
Summary
|
Group structure
|
Company Name |
|
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
|
|
07121485 |
31.01.2011 |
Y |
£92,229,941 |
|
|
|
03504842 |
31.01.2011 |
N |
£91,511,001 |
WILLS
LIFESTYLE HOLDINGS LIMITED FINANCIAL INFORMATION
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder
Funds |
Employees |
|
31/01/2011 |
£91,511,001 |
£10,492,879 |
£19,671,867 |
1844 |
|
31/01/2010 |
£64,763,601 |
£6,698,856 |
£12,512,145 |
1286 |
|
31/01/2009 |
£41,777,842 |
£5,101,544 |
£7,994,444 |
1131 |
Profit & Loss
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£91,511,001 |
41.3% |
£64,763,601 |
55% |
£41,777,842 |
89.5% |
£22,041,053 |
- |
- |
|
Export |
£1,658,450 |
57.3% |
£1,054,341 |
176% |
£382,020 |
- |
- |
- |
- |
|
Cost of Sales |
£28,800,784 |
47% |
£19,596,948 |
52.8% |
£12,824,919 |
- |
£6,550,316 |
- |
- |
|
Gross Profit |
£62,710,217 |
38.8% |
£45,166,653 |
56% |
£28,952,923 |
86.9% |
£15,490,737 |
- |
- |
|
Wages & Salaries |
£17,655,055 |
25.3% |
£14,087,466 |
68% |
£8,383,543 |
79% |
£4,683,492 |
- |
- |
|
Directors Emoluments |
£1,983,598 |
14.8% |
£1,727,340 |
64.7% |
£1,049,000 |
60.2% |
£654,655 |
- |
- |
|
Operating Profit |
£10,619,449 |
55.1% |
£6,846,523 |
32.1% |
£5,183,099 |
53.4% |
£3,378,638 |
- |
- |
|
Depreciation |
£4,367,367 |
32% |
£3,309,642 |
28.7% |
£2,572,130 |
104.2% |
£1,259,546 |
315.8% |
£302,929 |
|
Audit Fees |
£70,000 |
104.7% |
£34,200 |
26.7% |
£27,000 |
-2.1% |
£27,576 |
- |
- |
|
Interest Payments |
£134,004 |
-11.3% |
£151,075 |
78.2% |
£84,762 |
999.9% |
£1,568 |
- |
- |
|
Pre Tax Profit |
£10,492,879 |
56.6% |
£6,698,856 |
31.3% |
£5,101,544 |
49.6% |
£3,409,303 |
- |
- |
|
Taxation |
-£3,334,319 |
-52.8% |
-£2,181,569 |
-31.5% |
-£1,658,989 |
-22.6% |
-£1,353,176 |
- |
- |
|
Profit After Tax |
£7,158,560 |
58.5% |
£4,517,287 |
31.2% |
£3,442,555 |
67.4% |
£2,056,127 |
- |
- |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
£7,158,560 |
58.5% |
£4,517,287 |
31.2% |
£3,442,555 |
67.4% |
£2,056,127 |
- |
- |
Balance Sheet
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Tangible Assets |
£13,651,088 |
4.8% |
£13,024,674 |
49.4% |
£8,720,430 |
120% |
£3,964,190 |
85.5% |
£2,136,883 |
|
Intangible Assets |
£948,143 |
16.8% |
£811,746 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£14,599,231 |
5.5% |
£13,836,420 |
58.7% |
£8,720,430 |
120% |
£3,964,190 |
85.5% |
£2,136,883 |
|
Stock |
£7,770,491 |
-6% |
£8,269,794 |
105.1% |
£4,032,417 |
80.6% |
£2,233,112 |
101.3% |
£1,109,257 |
|
Trade Debtors |
£334,678 |
134.5% |
£142,694 |
999.9% |
£892 |
-99.3% |
£123,592 |
-71.8% |
£437,555 |
|
Cash |
£15,898,555 |
236.7% |
£4,722,198 |
6.9% |
£4,415,853 |
48.5% |
£2,974,521 |
54.7% |
£1,922,317 |
|
Other Debtors |
£5,555,019 |
146.3% |
£2,255,649 |
-20.2% |
£2,826,785 |
136.2% |
£1,196,796 |
- |
0 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£29,558,743 |
92.1% |
£15,390,335 |
36.5% |
£11,275,947 |
72.7% |
£6,528,021 |
88.2% |
£3,469,129 |
|
Trade Creditors |
£9,278,955 |
27.9% |
£7,254,088 |
-0.9% |
£7,317,481 |
146.6% |
£2,967,352 |
-0.5% |
£2,982,843 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£525,784 |
-1.2% |
£532,074 |
- |
0 |
- |
0 |
- |
0 |
|
Miscellaneous Current Liabilities |
£14,562,627 |
81.6% |
£8,020,799 |
75.3% |
£4,576,580 |
69.3% |
£2,703,894 |
- |
0 |
|
Total Current Liabilities |
£24,367,366 |
54.2% |
£15,806,961 |
32.9% |
£11,894,061 |
109.7% |
£5,671,246 |
90.1% |
£2,982,843 |
|
Bank Loans & Overdrafts and LTL |
£118,741 |
-86.9% |
£907,649 |
741.4% |
£107,872 |
-60% |
£269,662 |
110.7% |
£127,993 |
|
Other Long Term Finance |
£118,741 |
-80.2% |
£598,655 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
£118,741 |
-86.9% |
£907,649 |
741.4% |
£107,872 |
-60% |
£269,662 |
110.7% |
£127,993 |
Capital & Reserves
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Called Up Share Capital |
£113,384 |
1% |
£112,222 |
0.4% |
£111,808 |
0.5% |
£111,222 |
- |
£111,222 |
|
P & L Account Reserve |
£19,335,343 |
58.8% |
£12,176,783 |
59% |
£7,659,496 |
81.6% |
£4,216,941 |
95.2% |
£2,160,814 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£223,140 |
- |
£223,140 |
- |
£223,140 |
- |
£223,140 |
- |
£223,140 |
|
Shareholder Funds |
£19,671,867 |
57.2% |
£12,512,145 |
56.5% |
£7,994,444 |
75.7% |
£4,551,303 |
82.4% |
£2,495,176 |
Other Financial Items
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Net Worth |
£18,723,724 |
60% |
£11,700,399 |
46.4% |
£7,994,444 |
75.7% |
£4,551,303 |
82.4% |
£2,495,176 |
|
Working Capital |
£5,191,377 |
999.9% |
-£416,626 |
32.6% |
-£618,114 |
-172.1% |
£856,775 |
76.2% |
£486,286 |
|
Total Assets |
£44,157,974 |
51.1% |
£29,226,755 |
46.2% |
£19,996,377 |
90.6% |
£10,492,211 |
87.2% |
£5,606,012 |
|
Total Liabilities |
£24,486,107 |
46.5% |
£16,714,610 |
39.3% |
£12,001,933 |
102% |
£5,940,908 |
91% |
£3,110,836 |
|
Net Assets |
£19,671,867 |
57.2% |
£12,512,145 |
56.5% |
£7,994,444 |
75.7% |
£4,551,303 |
82.4% |
£2,495,176 |
Cash Flow
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Net Cashflow from Operations |
- |
- |
£9,663,168 |
-6.7% |
£10,357,251 |
91.9% |
£5,396,129 |
- |
- |
|
Net Cashflow before Financing |
- |
100% |
-£292,723 |
-120.3% |
£1,440,746 |
34.9% |
£1,068,183 |
- |
- |
|
Net Cashflow from Financing |
- |
- |
£599,068 |
999.9% |
£586 |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
£306,345 |
-78.7% |
£1,441,332 |
34.9% |
£1,068,183 |
- |
- |
Miscellaneous
|
Date Of Accounts |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
(%) |
31/01/08 |
(%) |
31/01/07 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£19,790,608 |
47.5% |
£13,419,794 |
65.6% |
£8,102,316 |
68.1% |
£4,820,965 |
83.8% |
£2,623,169 |
|
Number of Employees |
1844 |
43.4% |
1286 |
13.7% |
1131 |
128.5% |
495 |
- |
- |
|
Auditors |
ERNST & YOUNG LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
|
||||||||
|
Bank Branch Code |
|
||||||||
Ratios
|
Date Of Accounts |
31/01/11 |
31/01/10 |
31/01/09 |
31/01/08 |
31/01/07 |
|
Pre-tax profit margin % |
11.47 |
10.34 |
12.21 |
15.47 |
- |
|
Current ratio |
1.21 |
0.97 |
0.95 |
1.15 |
1.16 |
|
Sales/Net Working Capital |
17.63 |
-155.45 |
-67.59 |
25.73 |
- |
|
Gearing % |
0.60 |
7.30 |
1.30 |
5.90 |
5.10 |
|
Equity in % |
45.50 |
44 |
40 |
43.40 |
44.50 |
|
Creditor Days |
36.90 |
40.77 |
63.75 |
49 |
- |
|
Debtor Days |
1.33 |
0.80 |
- |
2.04 |
- |
|
Liquidity/Acid Test |
0.89 |
0.45 |
0.60 |
0.76 |
0.79 |
|
Return On Capital Employed % |
53.01 |
49.91 |
62.96 |
70.72 |
- |
|
Return On Total Assets Employed % |
23.76 |
22.92 |
25.51 |
32.49 |
- |
|
Current Debt Ratio |
1.23 |
1.26 |
1.48 |
1.24 |
1.19 |
|
Total Debt Ratio |
1.24 |
1.33 |
1.50 |
1.30 |
1.24 |
|
Stock Turnover Ratio % |
8.49 |
12.76 |
9.65 |
10.13 |
- |
|
Return on Net Assets Employed % |
53.33 |
53.53 |
63.81 |
74.91 |
- |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
Incorporation
Date |
05/02/1998 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
PRM WILLIAMS CLOTHING LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
25/06/1998 |
Filing Date of
Accounts |
11/10/2011 |
|
|
|
Share Capital |
£113,384 |
|
SIC03 |
5242 |
Currency |
GBP |
|
SIC03
Description |
RETAIL SALE OF CLOTHING |
||
|
SIC07 |
47710 |
||
|
SIC07
Description |
RETAIL SALE OF CLOTHING IN SPECIALISED STORES |
||
|
Principal
Activity |
Retail clothes. |
||
Current Company Secretary
|
Name |
Date of Birth |
- |
|
|
Officers Title |
Mr |
Nationality |
|
|
Present
Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
07/03/2011 |
|
|
|
Address |
22 Fore Street, Salcombe, Devon, TQ8 8ET |
||
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
07/05/2012 |
Annual Returns |
|
04/11/2011 |
Mr T. Evans has left the board |
|
04/11/2011 |
Ms F.L. Greiner has left the board |
|
18/10/2011 |
New Accounts Filed |
|
18/10/2011 |
New Accounts Filed |
|
13/06/2011 |
New Board Member Mr P.A. Woolf appointed |
|
13/06/2011 |
New Company Secretary Mr P.A. Woolf appointed |
|
06/04/2011 |
Ms F.L. Greiner has resigned as company secretary |
|
26/03/2011 |
Annual Returns |
|
24/02/2011 |
New Board Member Mr T. Evans appointed |
|
23/07/2010 |
Mr I. Shaw has left the board |
|
23/07/2010 |
New Board Member Mrs H.J. Feltham appointed |
|
15/07/2010 |
New Accounts Filed |
|
15/07/2010 |
New Accounts Filed |
|
30/06/2010 |
Mr T.W. Wood has left the board |
Previous Company Names
|
Date |
Previous Name |
|
25/06/1998 |
PRM WILLIAMS CLOTHING LIMITED |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.83 |
|
|
1 |
Rs.87.41 |
|
Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.