MIRA INFORM REPORT

 

 

Report Date :

09.07.2012

 

IDENTIFICATION DETAILS

 

Name :

LAKSHMIS JEWELLERS LTD

 

 

Registered Office :

276 High Street North, Manor Park, E12 6SA

 

 

Country :

United Kingdom 

 

 

Date of Incorporation :

29.03.2012

 

 

Com. Reg. No.:

08012445

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Not Available 

 

 

No. of Employees :

Not Available 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

Payment Behaviour :

Unknown

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)

United Kingdom 

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 

Company name & address 

 

Lakshmis Jewellers Ltd

276 High Street North

Manor Park, E12 6SA

United Kingdom

 

 

Registration data 

           

Employees:                  NA

Company Type:            Private Independent

Quoted Status:             Non-quoted Company

Incorporation Date:         29-Mar-2012    

 

 

Key Executives   

             

Name

Title

Kailasapillai Thiruneelakandan

Proprietor

Sumathy Thiruneelakandan

Self Employed

 

 

Registered No.(UK):       08012445

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.5455762

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6955312

 

 

Corporate Overview

 

Location

276 High Street North

Manor Park, E12 6SA

London County

United Kingdom

           

Sales GBP(mil):             NA

Assets GBP(mil):           NA

Employees:                   NA

Incorporation Date:         29-Mar-2012

Company Type:             Private Independent

Quoted Status:              Not Quoted

Registered No.(UK):       08012445

Proprietor:                     Kailasapillai Thiruneelakandan

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Kailasapillai Thiruneelakandan

 

Proprietor

Director/Board Member

 

Age: 59

 

Sumathy Thiruneelakandan

 

Self Employed

Director/Board Member

 

 

Age: 49

 

 

Executives

 

Name

Title

Function

 

Kailasapillai Thiruneelakandan

 

Proprietor

President

 

Age: 59

 

 

 

Directors and Shareholders Report

 

Main Office Address:
276 High Street North
Manor Park
United Kingdom E12 6SA

 

 

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Kailasapillai 
Thiruneelakandan

Current

05 May 1953

51 Longwood Gardens, 
Ilford, Essex IG5 0ED

29 Mar 2012

NA

Current:1
Previous:0
Disqualifications:0

 

Sumathy 
Thiruneelakandan

Current

04 Jan 1963

276 High Street North, 
Manor Park, London E12 6SA

29 Mar 2012

NA

Current:1
Previous:0
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

There are no corporate directors for this company.

 

Individual Secretaries

 

There are no individual secretaries for this company.

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

There are no corporate secretaries for this company.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.42

UK Pound

1

Rs.86.04

Euro

1

Rs.68.61

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.