MIRA INFORM REPORT

Report Date :

20.07.2012

IDENTIFICATION DETAILS

Name :	WILLIAMSON-DICKIE EUROPE LIMITED

Formerly Known As :	DICKIES (UK) LIMITED

Registered Office :	Second Avenue Westfield Trading Estate Midsomer Norton BA3 4BH

Country :	United Kingdom

Financials (as on) :	31.12.2010

Date of Incorporation :	30.09.1983

Com. Reg. No.:	01757853

Legal Form :	Private limited with Share Capital

Line of Business :	Manufacture of Other Wearing Apparel and Accessories

No. of Employees :	233

RATING & COMMENTS

MIRA’s Rating :

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 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

United Kingdom

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

WILLIAMSON-DICKIE EUROPE LIMITED

Company Name	WILLIAMSON-DICKIE EUROPE LIMITED	Company Number	01757853

Registered Address	SECOND AVENUE	Trading Address	Second Avenue Westfield Trading Estate Midsomer Norton Radstock BA3 4BH
	WESTFIELD TRADING ESTATE
	MIDSOMER NORTON
	BA3 4BH

Website Address	http://www.dickiesworkwear.com
Telephone Number	01761419419	Fax Number
TPS	No	FPS	No
Incorporation Date	30/09/1983	Company Status	Active - Accounts Filed
Previous Name	DICKIES (UK) LIMITED	Type	Private limited with Share Capital
Date of Change	30/12/2009	Filing Date of Accounts	04/08/2011
		Share Capital	£88,250
SIC03	1824	Currency	GBP
SIC03 Description	MANUFACTURE OF OTHER WEARING APPAREL
SIC07	14190
SIC07 Description	MANUFACTURE OF OTHER WEARING APPAREL AND ACCESSORIES N.E.C.
Principal Activity	To design, source, manufacture and distribute a branded range of workwear, leisurewear, foul weatherwear and footwear to distributors retail end users in both the United Kingdom and Europe.

DIRECTORS/MANAGEMENT

Current Directors

Name	Philip Charles Williamson	Date of Birth	12/04/1962
Officers Title	Mr	Nationality	American
Present Appointments	4	Function	Director
Appointment Date	10/10/1991
Address	319 Lipscomb Street, , Fort Worth,
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Christopher David Ford	Date of Birth	05/10/1949
Officers Title	Mr	Nationality	British
Present Appointments	16	Function	Director
Appointment Date	01/01/1993
Address	The Wicketts, Wilton Orchard, Street, BA16 0SY
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Mark Antony Strange	Date of Birth	19/11/1959
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/09/1999
Address	Holmlea, Dulcote, Wells, BA5 3NU
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Judy Amanda Piper Clay	Date of Birth	04/12/1955
Officers Title	Ms	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/09/1999
Address	The Old Barn, Queen Street, Keinton Mandeville, Somerton, TA11 6EQ
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Kirk Mark Ehrlich	Date of Birth	11/10/1963
Officers Title	Mr	Nationality	Canadian
Present Appointments	4	Function	Director
Appointment Date	19/06/2007
Address	Staples Hill House, 9a Staples Hill, Freshford, Bath, BA2 7WL
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Maurice Morton	Date of Birth	15/08/1953
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/09/2007
Address	9 Holm Close, , Burnham On Sea, TA8 1NJ
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No
Name	Sarah Cooper	Date of Birth	22/09/1964
Officers Title	Mrs	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/01/2009
Address	Maristow Cottage 28 Reybridge, Lacock, Chippenham, SN15 2PF
Other Actions	View Director Report	View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Christopher David Ford	Date of Birth	05/10/1949
Officers Title	Mr	Nationality	British
Present Appointments	16	Function	Company Secretary
Appointment Date	10/10/1991
Address	The Wicketts, Wilton Orchard, Street, BA16 0SY

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Frank Edgar Brock	0	10
Frank Edgar Brock	0	10
Lawson William Tolley	0	5
Robert Stephen Lefler	0	6
Barrie Alan Tidball	6	5
Marvin Craig MacKey	2	9
Marvin Craig MacKey	2	9
Richard Chilcott	1	3
Richard Dunlop	0	1

NEGATIVE INFORMATION

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	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

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	19/04/11
Date Charge Registered:	27/04/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	FREEPORT (NOMINEE 1) LIMITED AND FREEPORT (NOMINEE 2) 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:	£16,323.06 OR SUCH OTHER MONIES HELD INTHE ACCOUNT FROM TIME TO TIME
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	03/12/09
Date Charge Registered:	09/12/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HFO STREET NO.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 INITIAL DEPOSIT OF £23,864.25 SEE IMAGE FOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	16/04/09
Date Charge Registered:	22/04/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	FREEPORT (NOMINEE 1) LIMITED AND FREEPORT (NOMINEE 2) 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:	£14,184.38 SEE IMAGE FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	01/05/03
Date Charge Registered:	09/05/03
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:	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:	FIXED EQUITABLE CHARGE
Date Charge Created:	23/03/94
Date Charge Registered:	29/03/94
Date Charge Satisfied:	14/12/10
Status:	SATISFIED
Person(s) Entitled:	GRIFFIN FACTORS LIMITED
Amount Secured:
Details:	ALL BOOK DEBTS, INVOICE DEBTS ACCOUNTS NOTES BILLS ACCEPTANCES THE SUBJECT OF AFACTORING AGREEMENT & ALL TITLE PROPERTY RIGHT OR INTEREST IN ANY GOODS & ALL GUARANTEES INDEMNITIES INSURANCES OR SECURI TIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	CHARGE
Date Charge Created:	05/10/93
Date Charge Registered:	11/10/93
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 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
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	13/11/92
Date Charge Registered:	20/11/92
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:	F/H PROPERTY K/A LAND TO THE WEST OF SECOND AVE, WESTFIELD TRADING ESTATE MIDSOMER NORTON BATH TOGET HER WITH ALL FIXTURES AND FITTINGS NOW OR AT ANY TIME HEREAFTER ON THE PROPERTY. THE BENEFITS OF ALL RIGHTS LICENCES AND THE GOODWILL OF THE MORTGAGOR INRELATION TO THE BUSINESS FROM TIME TO TIME CARR IED ON AT THE PROPERTY
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	13/12/89
Date Charge Registered:	24/12/89
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:	FIRST FIXED CHARGE ON ALL BOOK & OTHER DEBTS FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY A ND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	13/12/89
Date Charge Registered:	24/12/89
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:	F/H PROPERTY K/A FACTORY & LAND AT SECOND AVENUE, WESTFIELD TRADING ESTATE, MIDSOMER NORTON BATH AVO N
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/05/84
Date Charge Registered:	02/06/84
Date Charge Satisfied:	02/06/84
Status:	SATISFIED
Person(s) Entitled:	BLACK & EDINGTON (HOLDINGS) PLC
Amount Secured:	STERLING POUNDS 208,000 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UN DER THE TERMS OF ANAGREEMENT DATED 19/4/84.
Details:	ALL THAT LAND AT CHARLTON LANE, MIDSOMER, NORTON, AVON. DESCRIBED IN A CONVEYANCE DATED 21/6/79.
Mortgage Type:	DEBENTURE
Date Charge Created:	31/05/84
Date Charge Registered:	02/06/84
Date Charge Satisfied:	11/01/90
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	INC HERITABLE PROPERTY & ASSETS IN SCOTLAND. (SEE DOC. M8). FIXED AND FLOATING CHARGES OVER THE UNDE RTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/05/84
Date Charge Registered:	02/06/84
Date Charge Satisfied:	02/06/84
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H - TOWN HALL BUILDINGS, WELLS, SOMERSET.
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	13/04/84
Date Charge Registered:	27/04/84
Date Charge Satisfied:	27/04/84
Status:	SATISFIED
Person(s) Entitled:	CLARES CARLTON LIMITED
Amount Secured:	STERLING POUNDS 289,000 DUE FROM THE COMPANY TO THE CHARGEE PURSUANT TO AN AGREEMENT DATED 13/4/84
Details:	FREEHOLD PROPERTY AT CHARLTON LANE, MIDSOMER NORTON, AVON.

SHARE & SHARE CAPITAL INFORMATION

Share Capital	£88,250
Currency	GBP

Top 20 Shareholders

Name	Individual Share Value
WILLIAMSON-DICKIE EUROPE HOLDINGS LIMITED	88,250 ORDINARY GBP 1.00

PAYMENT INFORMATION

Payment Information Summary

Days Beyond Terms

Trend Indicator

N/A	N/A
Company DBT	UK Average DBT

Steady

Improving Worsening

GROUP STRUCTURE & AFFILIATED COMPANIES

Group structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
WILLIAMSON-DICKIE HOLDING CO	N/A	-	-
WILLIAMSON-DICKIE EUROPE HOL...	04128248	31.12.2010	Y	£71,218,000
WILLIAMSON-DICKIE EUROPE L...	01757853	31.12.2010	N	£44,879,000

Trade Debtors / Bad Debt Detail

Company Name	Amount	Statement Date
George Supplies Limited	£5,226	03/05/2012
United Safety Limited	£4,730	11/02/2010
Resurrection (N W) Limited	£2,851	26/01/2012
Frampton & Sons Limited	£2,705	03/03/2011
Komplete Safety Company Limited	£1,254	17/11/2009
Chertsey Tool Hire Ltd	£800	07/10/2011
P S Tools Limited	£580	07/10/2009
A G C Tools & Fixings Limited	£400	18/06/2012
D W R Construction Supplies Limited	£342	28/04/2010
Lindley Pate Limited	£146	06/11/2009

Total Value

£19,034

FINANCIAL INFORMATION

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/12/2010	£44,879,000	£1,067,000	£18,186,000	233
31/12/2009	£35,802,000	£1,225,000	£19,811,000	190
31/12/2008	£39,721,000	£3,165,000	£18,836,000	228

Profit & Loss

Date Of Accounts	31/12/10	(%)	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06
Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	£44,879,000	25.4%	£35,802,000	-9.9%	£39,721,000	16.4%	£34,135,000	15.6%	£29,523,000
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	£34,670,000	-	£26,818,000	-	£29,425,000	-	£24,464,000	-	£20,593,000
Gross Profit	£10,209,000	13.6%	£8,984,000	-12.7%	£10,296,000	6.5%	£9,671,000	8.3%	£8,930,000
Wages & Salaries	£5,658,000	26.7%	£4,466,000	-7.8%	£4,843,000	6.7%	£4,541,000	22.8%	£3,698,000
Directors Emoluments	£1,134,000	5.1%	£1,079,000	1.3%	£1,065,000	-1%	£1,076,000	82.7%	£589,000
Operating Profit	£1,055,000	-13%	£1,213,000	-59.6%	£3,003,000	-9.5%	£3,320,000	-0.7%	£3,344,000
Depreciation	£280,000	7.7%	£260,000	8.8%	£239,000	-4%	£249,000	0.4%	£248,000
Audit Fees	£48,000	2.1%	£47,000	-	£47,000	6.8%	£44,000	-	£44,000
Interest Payments	£6,000	-	-	-100%	£25,000	212.5%	£8,000	-20%	£10,000
Pre Tax Profit	£1,067,000	-12.9%	£1,225,000	-61.3%	£3,165,000	-10.1%	£3,520,000	-0.7%	£3,545,000
Taxation	-£217,000	9.2%	-£239,000	71.7%	-£844,000	10.9%	-£947,000	11.6%	-£1,071,000
Profit After Tax	£850,000	-13.8%	£986,000	-57.5%	£2,321,000	-9.8%	£2,573,000	4%	£2,474,000
Dividends Payable	£2,525,000	-	-	-	-	-	-	-100%	£7,300,000
Retained Profit	-£1,675,000	-269.9%	£986,000	-57.5%	£2,321,000	-9.8%	£2,573,000	153.3%	-£4,826,000

Balance Sheet

Date Of Accounts	31/12/10	(%)	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06
Tangible Assets	£4,112,000	1.7%	£4,044,000	1.3%	£3,993,000	2.3%	£3,903,000	-2.3%	£3,996,000
Intangible Assets	£662,000	-	0	-	0	-	0	-	0
Total Fixed Assets	£4,774,000	18.1%	£4,044,000	1.3%	£3,993,000	2.3%	£3,903,000	-2.3%	£3,996,000
Stock	£13,490,000	100.8%	£6,718,000	-31.3%	£9,776,000	33.8%	£7,305,000	7.6%	£6,790,000
Trade Debtors	£9,894,000	8.8%	£9,094,000	15.6%	£7,867,000	2.9%	£7,645,000	9.7%	£6,967,000
Cash	£1,225,000	-79.5%	£5,975,000	4.6%	£5,712,000	48.7%	£3,842,000	30.8%	£2,938,000
Other Debtors	£1,255,000	-30.4%	£1,803,000	93.2%	£933,000	4.5%	£893,000	-87%	£6,855,000
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£25,864,000	9.6%	£23,590,000	-2.9%	£24,288,000	23.4%	£19,685,000	-16.4%	£23,550,000
Trade Creditors	£1,405,000	26.8%	£1,108,000	56.7%	£707,000	154.3%	£278,000	-61.2%	£716,000
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	£6,394,000	46.7%	£4,359,000	-33.7%	£6,570,000	48.9%	£4,413,000	-57.7%	£10,432,000
Miscellaneous Current Liabilities	£4,653,000	100.2%	£2,324,000	8.1%	£2,149,000	-7.5%	£2,322,000	2.1%	£2,275,000
Total Current Liabilities	£12,452,000	59.8%	£7,791,000	-17.3%	£9,426,000	34.4%	£7,013,000	-47.8%	£13,423,000
Bank Loans & Overdrafts and LTL	0	-100%	£32,000	68.4%	£19,000	533.3%	£3,000	-98.5%	£201,000
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	0	-100%	£32,000	68.4%	£19,000	533.3%	£3,000	-98.5%	£201,000

Capital & Reserves

Date Of Accounts	31/12/10	(%)	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06
Called Up Share Capital	£88,000	-	£88,000	-	£88,000	-	£88,000	-	£88,000
P & L Account Reserve	£17,677,000	-8.3%	£19,286,000	5.4%	£18,295,000	14.2%	£16,015,000	20%	£13,349,000
Revaluation Reserve	£421,000	-3.7%	£437,000	-3.5%	£453,000	-3.4%	£469,000	-3.3%	£485,000
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£18,186,000	-8.2%	£19,811,000	5.2%	£18,836,000	13.7%	£16,572,000	19%	£13,922,000

Other Financial Items

Date Of Accounts	31/12/10	(%)	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06
Net Worth	£17,524,000	-11.5%	£19,811,000	5.2%	£18,836,000	13.7%	£16,572,000	19%	£13,922,000
Working Capital	£13,412,000	-15.1%	£15,799,000	6.3%	£14,862,000	17.3%	£12,672,000	25.1%	£10,127,000
Total Assets	£30,638,000	10.9%	£27,634,000	-2.3%	£28,281,000	19.9%	£23,588,000	-14.4%	£27,546,000
Total Liabilities	£12,452,000	59.2%	£7,823,000	-17.2%	£9,445,000	34.6%	£7,016,000	-48.5%	£13,624,000
Net Assets	£18,186,000	-8.2%	£19,811,000	5.2%	£18,836,000	13.7%	£16,572,000	19%	£13,922,000

Miscellaneous

Date Of Accounts	31/12/10	(%)	31/12/09	(%)	31/12/08	(%)	31/12/07	(%)	31/12/06
Contingent Liability	YES	-	YES	-	YES	-	NO	-	NO
Capital Employed	£18,186,000	-8.4%	£19,843,000	5.2%	£18,855,000	13.8%	£16,575,000	17.4%	£14,123,000
Number of Employees	233	22.6%	190	-16.7%	228	10.1%	207	11.3%	186

Ratios

Date Of Accounts	31/12/10	31/12/09	31/12/08	31/12/07	31/12/06
Pre-tax profit margin %	2.38	3.42	7.97	10.31	12.01
Current ratio	2.08	3.03	2.58	2.81	1.75
Sales/Net Working Capital	3.35	2.27	2.67	2.69	2.92
Gearing %	0	0.20	0.10	0	1.40
Equity in %	60.70	71.70	66.60	70.30	50.50
Creditor Days	11.39	11.26	6.47	2.96	8.83
Debtor Days	80.24	92.45	72.09	81.52	85.90
Liquidity/Acid Test	0.99	2.16	1.53	1.77	1.25
Return On Capital Employed %	5.86	6.17	16.78	21.24	25.10
Return On Total Assets Employed %	3.48	4.43	11.19	14.92	12.86
Current Debt Ratio	0.68	0.39	0.50	0.42	0.96
Total Debt Ratio	0.68	0.39	0.50	0.42	0.97
Stock Turnover Ratio %	30.05	18.76	24.61	21.40	23
Return on Net Assets Employed %	5.86	6.18	16.80	21.24	25.46

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Incorporation Date	30/09/1983		Company Status	Active - Accounts Filed
Previous Name	DICKIES (UK) LIMITED		Type	Private limited with Share Capital
Date of Change	30/12/2009		Filing Date of Accounts	04/08/2011
SIC03		1824
SIC03 Description		MANUFACTURE OF OTHER WEARING APPAREL
SIC07		14190
SIC07 Description		MANUFACTURE OF OTHER WEARING APPAREL AND ACCESSORIES N.E.C.
Principal Activity		To design, source, manufacture and distribute a branded range of workwear, leisurewear, foul weatherwear and footwear to distributors retail end users in both the United Kingdom and Europe.

Auditors	PRICEWATERHOUSECOOPERS LLP
Auditor Comments	The audit report contains no adverse comments
Bankers	HSBC BANK PLC
Bank Branch Code	40-14-13

Event History

Date	Description
24/10/2011	Annual Returns
16/08/2011	New Accounts Filed
16/08/2011	New Accounts Filed
30/11/2010	Annual Returns
04/08/2010	New Accounts Filed
05/01/2010	Change of Name
05/11/2009	Annual Returns
19/05/2009	New Accounts Filed
13/01/2009	New Board Member Ms S. Cooper appointed
07/11/2008	Annual Returns
13/06/2008	New Accounts Filed
13/06/2008	New Accounts Filed
14/11/2007	Annual Returns
01/07/2007	New Board Member (KIRK EHRLICH) appointed
16/05/2007	New Accounts Filed

Previous Company Names

Date	Previous Name
30/12/2009	DICKIES (UK) LIMITED
01/01/1996	CLARES DICKIES LIMITED
30/07/1990	CLARES LIMITED
01/05/1987	CLARES CARLTON LIMITED
02/05/1984	ALNERY NO. 215 LIMITED

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.38
UK Pound	1	Rs.86.75
Euro	1	Rs.68.06

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%)

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.