MIRA
INFORM REPORT
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Report Date : |
14.06.2012 |
IDENTIFICATION DETAILS
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Name : |
HOLBUD LIMITED |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.10.2010 |
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Date of Incorporation : |
06.09.1977 |
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Com. Reg. No.: |
01328840 |
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Legal Form : |
Private limited with Share Capital |
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Line of Business : |
Wholesaler of grain, seeds & animal feeds |
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No. of Employees : |
30 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
Summary
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Company Name |
HOLBUD LIMITED |
Company Number |
01328840 |
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Registered Address |
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Trading Address |
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E1 8EU |
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Website Address |
- |
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Telephone Number |
02074884901 |
Fax Number |
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TPS |
No |
FPS |
No |
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Incorporation Date |
06/09/1977 |
Company Status |
Active - Accounts Filed |
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Previous Name |
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Type |
Private limited with
Share Capital |
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Date of Change |
- |
Filing Date of Accounts |
29/07/2011 |
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Share Capital |
£5,000,000 |
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SIC03 |
5121 |
Currency |
GBP |
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SIC03 Description |
WHOLESALE OF GRAIN,
SEEDS & ANIMAL FEEDS |
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SIC07 |
46210 |
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SIC07 Description |
WHOLESALE OF GRAIN,
UNMANUFACTURED TOBACCO, SEEDS AND ANIMAL FEEDS |
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Principal Activity |
A group engaged in
trading in commodities, the commercial management of cargo ships and
commercial property rentals. |
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DIRECTORS/MANAGEMENT
Directors
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Total Current Directors |
3 |
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Total Current
Secretaries |
1 |
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Total Previous Directors
/ Company Secretaries |
0 |
Current Directors
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Name |
Date of Birth |
25/04/1960 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
2 |
Function |
Director |
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Appointment Date |
24/05/1992 |
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Address |
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Name |
Date of Birth |
15/02/1941 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
4 |
Function |
Director |
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Appointment Date |
24/05/1992 |
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Address |
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Name |
Date of Birth |
30/04/1941 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
7 |
Function |
Director |
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Appointment Date |
24/05/1992 |
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Address |
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Current Company
Secretary
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Name |
Date of Birth |
23/09/1944 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
5 |
Function |
Company Secretary |
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Appointment Date |
24/05/1992 |
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Address |
19 Holmwood Grove,
, |
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Directors
Previous Director/Company
Secretaries
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No Previous Director
Details |
NEGATIVE INFORMATION
CCJ
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Total Number of Exact
CCJs - |
Total Value of Exact
CCJs - |
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Total Number of Possible
CCJs - |
Total Value of Possible
CCJs - |
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Total Number of
Satisfied CCJs - |
Total Value of Satisfied
CCJs - |
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Total Number of Writs - |
- |
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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
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Outstanding |
27 |
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Satisfied |
7 |
Full CCJ Details
Exact CCJ Details
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No CCJs found |
Possible CCJs
Details
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There are no possible
CCJ details |
Writ Details
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No writs found |
Mortgage Details
Mortgage Details
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Mortgage Type: |
THIRD SUPPLEMENTAL
GENERAL MEMORANDUM OF PLEDGE |
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Date Charge Created: |
28/11/11 |
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Date Charge Registered: |
30/11/11 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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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 |
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Details: |
PLEDGE UPON ALL
NEGOTIABLE INSTRUMENTS AND ALL GOOD OR PRODUCE OR THE DOCUMENTSOF TITLE AND ALL
POLI CIES AND CERTIFICATES OF INSURANCE SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
SECOND SUPPLEMENTAL
ASSIGNMENT OF CONTRACTS |
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Date Charge Created: |
28/11/11 |
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Date Charge Registered: |
30/11/11 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE
TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details: |
ALL OF ITS RIGHTS IN
RESPECT OF THE CONTRACTS SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
SECOND SUPPLEMENTAL
GENERAL MEMORANDUM OF PLEDGE |
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Date Charge Created: |
25/05/11 |
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Date Charge Registered: |
02/06/11 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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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 |
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Details: |
PLEDGE UPON ALL
NEGOTIABLE INSTRUMENTS AND ALL GOOD OR PRODUCE OR THE DOCUMENTSOF TITLE AND ALL
POLI CIES AND CERTIFICATES OF INSURANCE SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
SUPPLEMENTAL ASSIGNMENT
OF CONTRACTS |
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Date Charge Created: |
25/05/11 |
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Date Charge Registered: |
02/06/11 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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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 |
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Details: |
ALL OF ITS RIGHTS IN
RESPECT OF THE CONTRACTS SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
SUPPLEMENTAL GENERAL
MEMORANDUM OF PLEDGE OVER GOODS |
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Date Charge Created: |
03/03/10 |
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Date Charge Registered: |
05/03/10 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM THE BORROWER TO THE CHARGEE ON ANY ACCOUNTWHATSOEVER UNDER THE TERMS
OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details: |
ALL THE SECURITY CREATED
UNDER THE SECURITY AGREEMENT WITH FULL TITLE GUARANTEEIN ACCORDANCE WITH TH E
LAW OF PROPERTY ACT 1994 SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
ASSIGNMENT OF CONTRACTS |
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Date Charge Created: |
03/03/10 |
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Date Charge Registered: |
05/03/10 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
STANDARD CHARTERED BANK |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM THE BORROWER TO THE CHARGEE ON ANY ACCOUNTWHATSOEVER UNDER THE TERMS
OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details: |
ALL THE SECURITY CREATED
UNDER THE SECURITY AGREEMENT WITH FULL TITLE GUARANTEEIN ACCORDANCE WITH TH E
LAW OF PROPERTY ACT 1994 SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
GENERAL PLEDGE AGREEMENT |
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Date Charge Created: |
02/03/09 |
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Date Charge Registered: |
07/03/09 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE DE
GENEVE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
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Details: |
ALL PAPER SECURITIES
STOCKS BONDS COUPONS OF PAPER SECURITIES INCLUDING ALL RIGHTS SAVINGS ACCOUNT
B OOKS DEPOSIT ACCOUNT BOOKS IN PRESENT OR FUTURE POSSESION OF THE CHARGEE
SEE IMAGE FOR FULL DETAILS |
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Mortgage Type: |
PLEDGE OF GOODS |
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Date Charge Created: |
02/03/09 |
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Date Charge Registered: |
07/03/09 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE DE
GENEVE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
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Details: |
ALL GOODS WITHOUT
EXCEPTION HELD AT PRESENT OR IN FUTURE BY THE CHARGEE ANYWHERE IN THE
CHARGEES |
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Mortgage Type: |
DEED OF ASSIGNMENT OF
RECEIVABLES |
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Date Charge Created: |
02/03/09 |
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Date Charge Registered: |
07/03/09 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE DE GENEVE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
ALL RECEIVABLES MEANING
ALL MONEYS DUE OR OWING TO THE COMPANY UNDER ANY CONTRACT SEE IMAGE FOR FULL
DETAILS |
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Mortgage Type: |
LETTER OF PLEDGE |
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Date Charge Created: |
02/03/09 |
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Date Charge Registered: |
07/03/09 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE DE
GENEVE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
ALL NEGOTIABLE
INSTRUMENTS AND ALL PRODUCE AND GOODS AND ALL BILLS OF LADING WARRANTS DELIVERY
ORDER S WHARFINGERS OR OTHER WAREHOUSE KEEPERS CERTIFICATES SEE IMAGE FOR
FULL DETAILS |
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Mortgage Type: |
LETTER OF HYPOTHECATION |
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Date Charge Created: |
02/03/09 |
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Date Charge Registered: |
07/03/09 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE DE
GENEVE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
ALL PRODUCE AND GOODS
AND ALL BILLS OF EXCHANGE DRAWN ACCEPTED OR ENDORSED BY THE COMPANY SEE IMAGE
FOR FULL DETAILS |
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Mortgage Type: |
A TRADE FINANCE SECURITY
DEED |
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Date Charge Created: |
18/11/08 |
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Date Charge Registered: |
29/11/08 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BANQUE CANTONALE
VAUDOISE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
FIXED CHARGE OVER ALL
ITS RIGHTS,TITLE AND INTEREST IN AND TO (I) ASSIGNED RECEIVABLES (II) ALL
AMOU NTS,CREDITS OR OTHER ASSETS OR RIGHTS HELD BY THE BANK SEE IMAGE FOR
FULL DETAILS |
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Mortgage Type: |
PLEDGE AGREEMENT |
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Date Charge Created: |
25/06/07 |
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Date Charge Registered: |
04/07/07 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
SUMITOMO MITSUI BANKING
CORPORATION EUROPE LIMITED |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
GOODS WHICH ARE
REPRESENTED BY DOCUMENTS WHICH HAVE BEEN OR WILL BE DELIVERED TO SUMITOMO MITSUI
BAN KING CORPORATION EUROPE LIMITED AND ALL GOODS AND BILLS OF LADING
WARRANTS DELIVERY ORDERS WAREHOUSE KEEPERS CERTIFICATES OR RECEIPTS AND ALL
DOCUMENTS OF TITLE SEE THE MORTGAGE CHARGE DOCUMENT FOR FU LL DETAILS |
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Mortgage Type: |
GENERAL LETTER OF CHARGE
& PLEDGE |
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Date Charge Created: |
30/12/02 |
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Date Charge Registered: |
15/01/03 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
SOCIETE GENERALE |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
ALL GOODS OR PRODUCE SEE
THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Mortgage Type: |
GENERAL DEED OF PLEDGE OF
GOODS AND ASSIGNMENT OF CLAIMS |
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Date Charge Created: |
12/11/02 |
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Date Charge Registered: |
29/11/02 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
CREDIT AGRICOLE INDOSUEZ
(SUISSE) SA |
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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 |
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Details: |
ALL THE COMPANY\S RIGHTS,
TITLE AND INTEREST IN AND TO (WHATEVER THE ORIGIN, FOUNDATION OR NATURE OF
THE CLAIMS): (A) ANY GOODS WHICH, FOR WHATEVER REASON, AREAT THE DATE OF THE
PLEDGE AND ASSIGNMENT, OR WILL IN THE FUTURE BE, IN THE BANK\S DIRECT OR
INDIRECT POSSESSION, (B) ANY CLAIMS ARISING FROM THE SALE OF THE GOODS
PLEDGED (C) ALL CLAIMS ARISING OR TOARISE FROM THE SALE OF GOODS FINANCED BY
T HE BANK; SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Mortgage Type: |
TRADE FINANCE PLEDGE |
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Date Charge Created: |
15/11/02 |
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Date Charge Registered: |
26/11/02 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
THE GOVERNOR AND COMPANY
OF THE BANK OF |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER
THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details: |
THE PLEDGED PROPERTY SEE
THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Mortgage Type: |
TRADE FINANCE AGREEMENT |
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Date Charge Created: |
04/11/02 |
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Date Charge Registered: |
08/11/02 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BNP PARIBAS ACTING
THROUGH ITS |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details: |
ALL THE RIGHT, TITLE AND
INTEREST OF THE COMPANY IN AND TO: (A) ALL AGREEMENTS PRESENT AND FUTURE, W
HETHER ORAL OR IN WRITING, (B) ALL GUARANTEES AND SECURITY PRESENT AND
FUTURE, (C) ALL INSURANCES; |
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Mortgage Type: |
CHARGE OVER CASH
DEPOSITS |
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Date Charge Created: |
04/11/02 |
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Date Charge Registered: |
08/11/02 |
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Date Charge Satisfied: |
- |
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Status: |
OUTSTANDING |
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Person(s) Entitled: |
BNP PARIBAS ACTING
THROUGH ITS |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
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Details: |
BY WAY OF FIRST FIXED
CHARGE THE DEPOSIT, NOW OR AT ANY TIME HEREAFTER DUE OWING OR INCURRED FROM OR
BY THE DEPOSITOR TO THE BANK ON ANY ACCOUNT WHATSOEVER |
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Mortgage Type: |
DEED OF GENERAL
PLEDGE,HYPOTHECATION AND CHARGE |
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Date Charge Created: |
02/10/01 |
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Date Charge Registered: |
03/10/01 |
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Date Charge Satisfied: |
- |
|
|
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Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
ING BANK N.V.LONDON
BRANCH |
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Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
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Details: |
ALL GOODS AND PRODUCE DELIVERED,ALL
BILLS OF LADING,RECEIPTS OR OTHER DOCUMENTSAND PROCEEDS OF |
||
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Mortgage Type: |
GENERAL MEMORANDUM OF
PLEDGE OF GOODS OR PRODUCE |
||
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Date Charge Created: |
10/07/01 |
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Date Charge Registered: |
27/07/01 |
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|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
STANDARD CHARTERED BANK |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
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Details: |
A PLEDGE UPON ALL
NEGOTIABLE INSTRUMENTS AND ALL GOODS OR PRODUCE OR THE DOCUMENTS OF TITLE AND
ALL POLICIES AND CERTIFICATES OF INSURANCE RELATING THERETO NOWOR AT ANY TIME
HEREAFTER IN THE POSSESSIO N OR CONSTRUCTIVE POSSESSION OF THE BANK OR ITS
AGENTS OR NOMINEES THERE SHALLBE ASSIGNED TO THE BAN K ANY RIGHT OR
ENTIITLEMENT OF THE CUSTOMER OT OBTAIN DELIVERY OR POSSESSION OF THE
MERCHANDISE FROM ANY THIRD PARTY AND THE PROCEEDS OF ALL LETTERS OF INDEMNITY
GUARANTEES OR OTHER ASSURANCES AGAINST FINANCIAL LOSS ISSUED. |
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Mortgage Type: |
GENERAL LETTER OF PLEDGE |
||
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Date Charge Created: |
06/07/99 |
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|
Date Charge Registered: |
15/07/99 |
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Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BELGOLAISE SA |
||
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Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
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Details: |
ALL GOODS WHICH ARE NOW
OR SHALL HEREAFTER BE DELIVERED BY THE CONPANY OR ON THE COMPANYS BEHALF INT O
THE BANKS POSSESSION OR INTO THE POSSESSION OF THE BANKS AGENTS ON ITS BEHALF
AND UPON ALL BILLS O F LADING, DOCK OR WAREHOUSE WARRANTS, POLICIES OF
INSURANCE, DELIVERY ORDERS AND ALL OTHER DOCUMENTS OF TITLE AND SECURITIES
WHATSOEVER WHICH ARE NOW OR WHICH SHALL HEREAFTER BE DEPOSITED BY THE COMPA
NY WITH THE BANK AS SECURITY FOR PAYMENT. |
||
|
Mortgage Type: |
GENERAL LETTER OF PLEDGE
AND HYPOTHECATION |
||
|
Date Charge Created: |
04/01/99 |
|
|
|
Date Charge Registered: |
07/01/99 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BHF-BANK AG |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ALL GOODS AND PRODUCE DELIVERED
INTO THE POSSESSION OF THE BANK ALL BILLS OF LADING RECEIPTS OR OTHE R
DOCUMENTS RELATING TO THE GOODS AND THE PROCEEDS OF |
||
|
Mortgage Type: |
CHARGE OVER GOODS AND NEGOTIABLE
INSTRUMENTS |
||
|
Date Charge Created: |
22/05/98 |
|
|
|
Date Charge Registered: |
30/05/98 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
CREDIT SUISSE FIRST |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
AS SECURITY FOR THE
PAYMENT AND DISCHARGE OF THE SECURED SUMS THE CHARGOR AS BENEFICIAL OWNER CHARGE
S AND AGREES TO CHARGE THE CHARGED ASSETS (AS DEFINED). SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DE TAILS |
||
|
Mortgage Type: |
MEMORANDUM OF DEPOSIT |
||
|
Date Charge Created: |
23/01/98 |
|
|
|
Date Charge Registered: |
28/01/98 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
CREDIT |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
ALL SHARES STOCKS BONDS DEBENTURES
AND ALL BILLS OF EXCHANGE PROMISSORY NOTES CERTIFICATES OF DEPOSI T AND ALL
NEGOTIABLE INSTRUMENTS OF ANY DESCRIPTION AND ALLOTHER SECURITIES OF ANY KIND |
||
|
Mortgage Type: |
GENERAL LETTER OF PLEDGE |
||
|
Date Charge Created: |
25/11/97 |
|
|
|
Date Charge Registered: |
26/11/97 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BELGOLAISE SA |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ALL GOODS DELIVERED BY
THE COMPANY OR ON THE COMPANY\S BEHALF INTO THE BANK\S POSSESSION OR INTO THE
POSSESSION OF THE BANK\S AGENTS ON ITS BEHALF AND UPON ALLBILLS OF LADING,
DOCK OR WAREHOUSE WARRAN TS, POLICIES OF INSURANCE, DELIVERY ORDERS AND ALL
OTHER DOCUMENTS OF TITLE AND SECURITIES |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
30/07/93 |
|
|
|
Date Charge Registered: |
04/08/93 |
|
|
|
Date Charge Satisfied: |
02/08/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LOMBARD NORTH CENTRAL
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 11
& |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
14/08/87 |
|
|
|
Date Charge Registered: |
19/08/87 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
ALLIED ARAB BANK LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
31 |
||
|
Mortgage Type: |
MANAGEMENT AGREEMENT
ASSIGNMENT |
||
|
Date Charge Created: |
28/08/86 |
|
|
|
Date Charge Registered: |
29/08/86 |
|
|
|
Date Charge Satisfied: |
14/07/89 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
CANARA BANK |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM RAYNVILLE SHIPPING CORPORATION SA UNDER THE TERMS OF THE SECURI TY
DOCUMENTS AND FROM THE COMPANY UNDER THE TERMS OF THE GUARANTEE TO THE
CHARGEE. |
||
|
Details: |
ALL THE COMPANYS RIGHTS
TITLES BENEFITS& INTEREST IN ALL MONIES PAYABLE UNDER A MANAGEMENT
AGREEMENT DATED 15/4/85 PURSUANT TO WHICH THE COMPANY HAS BEEN APPOINTED
MANAGER OF THE SAID VESSEL \ALIADRIK NI\ IN ANY CLAIMS FOR DAMAGES ETC |
||
|
Mortgage Type: |
MORTGAGE DEBENTURE |
||
|
Date Charge Created: |
28/07/86 |
|
|
|
Date Charge Registered: |
06/08/86 |
|
|
|
Date Charge Satisfied: |
14/07/89 |
|
|
|
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: |
AS SPECIFIC EQUITABLE
CHARGE OVER ALL F/H & L/H PROPERTIES AND/OR THE PROCEEDS OF SALE
THEREOFFIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS
PRESENT AND FUTURE INCLUDING G OODWILL BOOKDEBTS |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
19/06/86 |
|
|
|
Date Charge Registered: |
08/07/86 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
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: |
66 LEMAN STREET LONDON E1
L/B TOWER HAMLETS TITLE NO 268464 AND THE PROCEEDS OFSALE THEREOF FLOATING
CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND
EQUIPMENT |
||
|
Mortgage Type: |
ASSIGNMENT |
||
|
Date Charge Created: |
23/07/85 |
|
|
|
Date Charge Registered: |
30/07/85 |
|
|
|
Date Charge Satisfied: |
30/07/85 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HAMBROS BANK LIMITED |
||
|
Amount Secured: |
FOR FURTHER SECURING ALL
MONIES DUE OR TO BECOME DUE FROM RAYNVILLE SHIPPING CORPORATION S.A. TO THE
CHARGEE UNDER THE TERMS OF A FACILITY LETTER DATED 23/7/85AND THE BRIDGING
LOAN SECURITY DOCUMENTS AS DEFINED THEREIN |
||
|
Details: |
ALL THE COMPANYS RIGHTS
TITLES, BENEFITS & INTEREST IN ALL SUMS PAYABLE PURSUANT TO A LETTER OF
CRED IT DATED 10/7/85 2) THE SUM OF US $80491.95 DEPOSITED IN THE JOINT
ACCOUNT OF THE COMPANY AND ECKH ARDT MARINE GMBH (SEE DOC M24) |
||
|
Mortgage Type: |
SECOND EARNINGS
ASSIGNMENT |
||
|
Date Charge Created: |
23/07/85 |
|
|
|
Date Charge Registered: |
30/07/85 |
|
|
|
Date Charge Satisfied: |
30/07/85 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HAMBROS BANK LIMITED |
||
|
Amount Secured: |
FOR FURTHER SECURING US $
350,000 AND ALL MONIES DUE OR TO BE-COME DUE FROM THECOMPANY TO THE CHARGE E
UNDER THE TERMS OF A FACILITY LETER DATED 23/7/85 AND THE LOAN SECURITY
DOCUMENTS AS DEFINED THERE IN. |
||
|
Details: |
ALL THE COMPANY\S
RIGHTS, TITLE INTEREST & BENEFIT IN THE EARNINGS AND REQUISITION
COMPENSATION (AS DEFINED IN THE SECOND EARNINGS ASSIGNMENT) OF THE COMPANYS
VESSELS "MINA" "MACCA" AND " |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
02/03/84 |
|
|
|
Date Charge Registered: |
15/03/84 |
|
|
|
Date Charge Satisfied: |
15/03/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HAMBROS BANK LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME
DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ALL STOCKS SHARES AND
OTHER SECURITIES ALL PATENT APPLICATIONS & TRADE MARKS ETC (SEE DOC M22
OF OR FURTHER DETAILS) FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED
CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINE RY |
||
|
Mortgage Type: |
CHARGE OVER CREDIT
BALANCES |
||
|
Date Charge Created: |
30/08/83 |
|
|
|
Date Charge Registered: |
08/09/83 |
|
|
|
Date Charge Satisfied: |
08/09/83 |
|
|
|
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: |
ALL MONEYS FROM TIME TO
TIME HELD TO THE CREDIT OF THE COMPANY BY THE BANK ON ANY CURRENT DEPOSIT AN D/OR
OTHER ACCOUNTSWHICH THE COMPANY MAY NOW AND/OR HEREAFTER HAVE WITH |
||
SHARE & SHARE CAPITAL
INFORMATION
Top 20
Shareholders
|
Name |
Individual Share Value |
|
CLYDE NOMINEES LTD |
4,999,995
ORDINARY GBP 1.00 |
|
SHAUKAT
AKBERALI MERALI |
5 ORDINARY GBP 1.00 |
PAYMENT INFORMATION
Summary – Payment
History
Last 3 Years Credit Rating/Limit
|
Date |
Rating |
Limit |
|
31/12/2011 |
87 |
£2,300,000 |
|
31/12/2010 |
67 |
£1,600,000 |
|
31/12/2009 |
66 |
£1,500,000 |
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder Funds |
Employees |
|
31/10/2010 |
£524,161,685 |
£3,978,283 |
£39,184,820 |
30 |
|
31/10/2009 |
£650,063,535 |
£3,249,784 |
£36,054,292 |
31 |
|
31/10/2008 |
£508,988,260 |
£2,107,971 |
£34,130,026 |
32 |
Payment
Information Summary
|
Total number of Invoices
available |
55 |
|
Total number of Invoices
paid within or up to 30 days after the due date |
55 |
|
Total number of Invoices
paid more than 30 days after the due date |
0 |
|
Total number of Invoices
currently outstanding where the due date has not yet been reached |
0 |
|
Total number of Invoices
currently outstanding beyond the due date |
0 |
Creditor &
Debtor Details
Creditor Details
|
No Creditor Data |
|
Total Value |
- |
Trade Debtors /
Bad Debt Detail
|
No Debtor Data |
|
Total Value |
- |
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group Structure
Statistics
|
Group |
4 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
HOLBUD LIMITED |
|
Ownership Status |
Ultimately Owned |
|
Ultimate Holding Company
|
HOLBUD LIMITED |
Group structure
|
Company Name |
|
Registered Number |
Latest Key Financials |
Consol. Accounts |
Rating |
Limit |
Turnover |
|
|
|
01328840 |
31.10.2010 |
Y |
88 |
£2,300,000 |
£524,161,685 |
|
|
|
02938185 |
31.10.2010 |
N |
94 |
£100,000 |
|
|
|
|
02703969 |
31.10.2010 |
N |
96 |
£145,000 |
|
|
|
|
02203567 |
31.10.2010 |
N |
92 |
£25,000 |
|
HOLBUD
LIMITED Linkages
Statistics
|
Group |
|
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
FINANCIAL INFORMATION
Profit & Loss
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
|
Turnover |
£524,161,685 |
-19.4% |
£650,063,535 |
27.7% |
£508,988,260 |
43.5% |
£354,631,957 |
25.7% |
£282,040,662 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£515,838,006 |
- |
£641,524,928 |
- |
£501,209,358 |
- |
£348,562,428 |
- |
£276,716,513 |
|
Gross Profit |
£8,323,679 |
-2.5% |
£8,538,607 |
9.8% |
£7,778,902 |
28.2% |
£6,069,529 |
14% |
£5,324,149 |
|
Wages & Salaries |
£2,366,680 |
10.9% |
£2,133,167 |
0.2% |
£2,128,982 |
104.2% |
£1,042,641 |
7.7% |
£968,228 |
|
Directors Emoluments |
£113,000 |
- |
£113,000 |
- |
£113,000 |
-63.6% |
£310,708 |
8.4% |
£286,500 |
|
Operating Profit |
£5,789,212 |
22.8% |
£4,713,692 |
12.2% |
£4,200,829 |
0.4% |
£4,184,573 |
-27.9% |
£5,807,051 |
|
Depreciation |
£81,237 |
-15.5% |
£96,172 |
-9.6% |
£106,433 |
-11.1% |
£119,716 |
-47% |
£226,021 |
|
Audit Fees |
£50,500 |
- |
£50,500 |
- |
£50,500 |
6.6% |
£47,375 |
- |
£47,375 |
|
Interest Payments |
£1,817,395 |
16.6% |
£1,558,036 |
-30.6% |
£2,244,054 |
49.3% |
£1,503,499 |
-5.1% |
£1,584,039 |
|
Pre Tax Profit |
£3,978,283 |
22.4% |
£3,249,784 |
54.2% |
£2,107,971 |
-31.1% |
£3,058,443 |
-29.4% |
£4,332,599 |
|
Taxation |
-£1,559,917 |
-47.1% |
-£1,060,271 |
-65.3% |
-£641,584 |
3.9% |
-£667,350 |
62.5% |
-£1,779,725 |
|
Profit After Tax |
£2,418,366 |
10.5% |
£2,189,513 |
49.3% |
£1,466,387 |
-38.7% |
£2,391,093 |
-6.3% |
£2,552,874 |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
£2,418,366 |
10.5% |
£2,189,513 |
49.3% |
£1,466,387 |
-38.7% |
£2,391,093 |
-6.3% |
£2,552,874 |
Balance Sheet
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Tangible Assets |
£30,234,072 |
1.8% |
£29,713,758 |
0.5% |
£29,566,583 |
9.8% |
£26,920,327 |
63.7% |
£16,440,306 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£30,234,072 |
1.8% |
£29,713,758 |
0.5% |
£29,566,583 |
9.8% |
£26,920,327 |
63.7% |
£16,440,306 |
|
Stock |
£6,532,223 |
-72.9% |
£24,060,637 |
-62.1% |
£63,452,834 |
325.4% |
£14,915,538 |
-36% |
£23,305,138 |
|
Trade Debtors |
£75,633,105 |
31.9% |
£57,337,761 |
20.4% |
£47,628,914 |
8.3% |
£43,965,138 |
-23.5% |
£57,464,089 |
|
Cash |
£18,933,764 |
-12.4% |
£21,622,415 |
8.5% |
£19,930,775 |
54.8% |
£12,871,863 |
136.1% |
£5,451,383 |
|
Other Debtors |
£561,534 |
-30.1% |
£803,265 |
25.2% |
£641,362 |
-65.8% |
£1,873,042 |
575.1% |
£277,453 |
|
Miscellaneous Current Assets |
£35,849 |
-5.7% |
£38,019 |
84.6% |
£20,598 |
-78% |
£93,593 |
-21.7% |
£119,567 |
|
Total Current Assets |
£101,696,475 |
-2.1% |
£103,862,097 |
-21.1% |
£131,674,483 |
78.6% |
£73,719,174 |
-14.9% |
£86,617,630 |
|
Trade Creditors |
£40,352,194 |
-16.2% |
£48,161,905 |
-20.1% |
£60,279,860 |
78.8% |
£33,714,087 |
-32% |
£49,580,013 |
|
Bank Loans & Overdrafts |
£45,453,463 |
-1.2% |
£46,014,778 |
-16.5% |
£55,092,414 |
118.8% |
£25,181,176 |
0.5% |
£25,044,362 |
|
Other Short Term Finance |
£12,046 |
3.6% |
£11,624 |
-65.2% |
£33,397 |
-12.8% |
£38,278 |
-45.8% |
£70,676 |
|
Miscellaneous Current Liabilities |
£6,592,965 |
130.4% |
£2,861,548 |
77.9% |
£1,608,736 |
-44.7% |
£2,907,554 |
36.5% |
£2,130,134 |
|
Total Current Liabilities |
£92,410,668 |
-4.8% |
£97,049,855 |
-17.1% |
£117,014,407 |
89.2% |
£61,841,095 |
-19.5% |
£76,825,185 |
|
Bank Loans & Overdrafts and LTL |
£45,788,522 |
-1.5% |
£46,486,486 |
-28.7% |
£65,189,047 |
96.2% |
£33,233,926 |
13.6% |
£29,249,396 |
|
Other Long Term Finance |
£5,144 |
-70.1% |
£17,190 |
- |
0 |
-100% |
£37,665 |
-57.3% |
£88,263 |
|
Total Long Term Liabilities |
£335,059 |
-29% |
£471,708 |
-95.3% |
£10,096,633 |
25.4% |
£8,052,750 |
91.5% |
£4,205,034 |
Capital &
Reserves
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Called Up Share Capital |
£5,000,000 |
- |
£5,000,000 |
150% |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
|
P & L Account Reserve |
£24,491,440 |
14.7% |
£21,360,912 |
-4.8% |
£22,436,646 |
27.2% |
£17,641,524 |
8.6% |
£16,247,680 |
|
Revaluation Reserve |
£9,693,380 |
- |
£9,693,380 |
- |
£9,693,380 |
-12.7% |
£11,104,132 |
193.8% |
£3,780,037 |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£39,184,820 |
8.7% |
£36,054,292 |
5.6% |
£34,130,026 |
11% |
£30,745,656 |
39.6% |
£22,027,717 |
Other Financial
Items
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Net Worth |
£39,184,820 |
8.7% |
£36,054,292 |
5.6% |
£34,130,026 |
11% |
£30,745,656 |
39.6% |
£22,027,717 |
|
Working Capital |
£9,285,807 |
36.3% |
£6,812,242 |
-53.5% |
£14,660,076 |
23.4% |
£11,878,079 |
21.3% |
£9,792,445 |
|
Total Assets |
£131,930,547 |
-1.2% |
£133,575,855 |
-17.2% |
£161,241,066 |
60.2% |
£100,639,501 |
-2.3% |
£103,057,936 |
|
Total Liabilities |
£92,745,727 |
-4.9% |
£97,521,563 |
-23.3% |
£127,111,040 |
81.9% |
£69,893,845 |
-13.7% |
£81,030,219 |
|
Net Assets |
£39,184,820 |
8.7% |
£36,054,292 |
5.6% |
£34,130,026 |
11% |
£30,745,656 |
39.6% |
£22,027,717 |
Cash Flow
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Net Cashflow from Operations |
£1,022,798 |
-95.5% |
£22,950,459 |
229.6% |
-£17,707,851 |
-263.5% |
£10,828,904 |
175.3% |
-£14,388,896 |
|
Net Cashflow before Financing |
-£1,990,706 |
-109.7% |
£20,452,173 |
182.3% |
-£24,855,629 |
-799.3% |
£3,554,508 |
124% |
-£14,788,512 |
|
Net Cashflow from Financing |
-£11,624 |
70.9% |
-£39,983 |
5% |
-£42,071 |
49.2% |
-£82,846 |
-20.2% |
-£68,897 |
|
Increase in Cash |
-£2,002,330 |
-109.8% |
£20,412,190 |
182% |
-£24,897,700 |
-817.2% |
£3,471,662 |
123.4% |
-£14,857,409 |
Miscellaneous
|
Date Of Accounts |
31/10/10 |
(%) |
31/10/09 |
(%) |
31/10/08 |
(%) |
31/10/07 |
(%) |
31/10/06 |
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
Capital Employed |
£39,519,879 |
8.2% |
£36,526,000 |
-17.4% |
£44,226,659 |
14% |
£38,798,406 |
47.9% |
£26,232,751 |
|
Number of Employees |
30 |
-3.2% |
31 |
-3.1% |
32 |
- |
32 |
10.3% |
29 |
|
Auditors |
DEITCH COOPER |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
NATIONAL WESTMINSTER BANK PLC |
||||||||
|
Bank Branch Code |
|
||||||||
Ratios
|
Date Of Accounts |
31/10/10 |
31/10/09 |
31/10/08 |
31/10/07 |
31/10/06 |
|
Pre-tax profit margin % |
0.76 |
0.50 |
0.41 |
0.86 |
1.54 |
|
Current ratio |
1.10 |
1.07 |
1.13 |
1.19 |
1.13 |
|
Sales/Net Working Capital |
56.45 |
95.43 |
34.72 |
29.86 |
28.80 |
|
Gearing % |
116.90 |
128.90 |
191 |
108.10 |
132.80 |
|
Equity in % |
29.70 |
27 |
21.20 |
30.60 |
21.40 |
|
Creditor Days |
28.02 |
26.96 |
43.10 |
34.60 |
63.99 |
|
Debtor Days |
52.52 |
32.10 |
34.06 |
45.12 |
74.16 |
|
Liquidity/Acid Test |
1.02 |
0.82 |
0.58 |
0.95 |
0.82 |
|
Return On Capital Employed % |
10.06 |
8.89 |
4.76 |
7.88 |
16.52 |
|
Return On Total Assets Employed % |
3.01 |
2.43 |
1.30 |
3.03 |
4.20 |
|
Current Debt Ratio |
2.35 |
2.69 |
3.42 |
2.01 |
3.48 |
|
Total Debt Ratio |
2.36 |
2.70 |
3.72 |
2.27 |
3.67 |
|
Stock Turnover Ratio % |
1.24 |
3.70 |
12.46 |
4.20 |
8.26 |
|
Return on Net Assets Employed % |
10.15 |
9.01 |
6.17 |
9.94 |
19.67 |
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. |
|
|
The credit limit on this company has risen 43.8% in comparison to the
previously suggested credit limit. |
|
|
Sales in the latest trading period decreased 19.4% on the previous
trading period. |
|
|
Net Worth increased by 8.7% during the latest trading period. |
|
|
A 1.2% decline in Total Assets occurred during the latest trading
period. |
|
|
Pre-tax profits increased by 22.4% compared to the previous trading
period. |
|
|
The company saw a decrease in their Cash Balance of 12.4% during the latest
trading period. |
|
|
The audit report contains no adverse comments. |
|
|
No recent changes in directorship are recorded. |
|
|
The company is part of a group. |
|
|
The company was established over 34 years ago. |
|
Status History
|
No Status History found |
Limit
History
|
Date |
Limit |
|
09/08/2011 |
£2,300,000 |
|
05/08/2011 |
£1,600,000 |
|
01/08/2011 |
- |
|
07/08/2010 |
£1,600,000 |
|
05/08/2010 |
- |
|
07/09/2009 |
£1,500,000 |
|
03/09/2009 |
- |
|
19/05/2009 |
£1,550,000 |
|
16/03/2009 |
£2,700,000 |
|
06/03/2009 |
£2,300,000 |
Previous Company
Names
No Previous Names found
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.85 |
|
|
1 |
Rs.86.88 |
|
Euro |
1 |
Rs.69.88 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.