MIRA
INFORM REPORT
|
Report Date : |
30.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
MOTHERCARE UK LTD. |
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Registered Office : |
Cherry |
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Country : |
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Financials (as on) : |
26.03.2011 |
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Date of Incorporation : |
08.05.1954 |
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Com. Reg. No.: |
00533087 |
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Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Specialist retailer of products for mothers to be, babies and children
up tothe age eight |
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No. of Employees : |
5,516 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
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 : |
Satisfactory |
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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
|
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 |
Company name & address
Mothercare UK Ltd.
Cherry Tree Road
Watford, WD24 6SH
United Kingdom
Tel: 01923 241000
Web: www.mothercare.com
Registration data
Employees: 5,516
Company Type: Private Subsidiary
Corporate Family: 55
Companies
Ultimate Parent: Mothercare plc
Quoted Status: Non-quoted Company
Incorporation Date:
08-May-1954
Auditor: Deloitte LLP
Financials in: USD
(Millions)
Fiscal Year End:
26-Mar-2011
Reporting Currency: British
Pound Sterling
Annual Sales: 893.8
1
Net Income: 18.5
Total Assets: 696.7
Business Description
Specialist retailer of products for mothers to be, babies and children
up tothe age eight.
Industry
Industry Retail (Grocery)
ANZSIC 2006: 4279 - Other
Store-Based Retailing Not Elsewhere Classified
NACE 2002: 5212 - Other
retail sale in non-specialised stores
NAICS 2002: 4451 - Grocery
Stores
UK SIC 2003: 5212 - Other
retail sale in non-specialised stores
US SIC 1987: 5399 -
Miscellaneous General Merchandise Stores
Key Executives
|
Name |
Title |
|
Neil Simon Harrington |
Finance Director |
|
Gillian Berkmen |
Marketing Director |
|
Timothy John Ashby |
Company Secretary |
|
Stephen McCready |
Information Architect |
|
Susan Eileen Malti |
Hr Director |
News
|
Title |
Date |
|
Austerity is a blight on recovery, say
bosses |
4-Jun-2012 |
|
Pure joy as Jane cracks tough Russian
market |
29-May-2012 |
|
Yeah baby! Jane's deal with Russia |
8-Feb-2012 |
|
Australia: Mothercare UK Owns Trademark
for 'MOTHERCARD' |
25-Jan-2012 |
Financial Summary
FYE: 26-Mar-2011 USD (mil)
Key Figures
Current Assets 410.70
Fixed Assets 286.04
Total Liabilities 354.92
Net Worth 130.00
Key Ratios
Current Ratio 1.16
Acid Test 0.80
Debt Gearing 88.21
Registered No.(UK): 00533087
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6440046
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6216779
Corporate Overview
Location
Cherry Tree Road
Watford, WD24 6SH
Hertfordshire County
United Kingdom
Tel: 01923 241000
Web: www.mothercare.com
Sales GBP(mil): 575.6
Assets GBP(mil): 433.1
Employees: 5,516
Fiscal Year End: 26-Mar-2011
Industry: Retail (Grocery)
Incorporation Date: 08-May-1954
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Registered No.(UK): 00533087
Director: Simon John Calver
Contents
Industry Codes
Business Description
Financial Data
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
4279 - Other Store-Based Retailing Not Elsewhere Classified
NACE 2002 Codes:
5212 - Other retail sale in non-specialised stores
NAICS 2002 Codes:
4451 - Grocery Stores
US SIC 1987:
5399 - Miscellaneous General Merchandise Stores
UK SIC 2003:
5212 - Other retail sale in non-specialised stores
Business
Description
Specialist retailer of products for mothers to be, babies and children
up tothe age eight.
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Corporate
Family |
Corporate
Structure News: |
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Mothercare plc |
|
Mothercare UK Ltd. |
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Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Mothercare plc |
Parent |
Watford |
United Kingdom |
Retail (Apparel) |
1,232.3 |
4,650 |
|
|
Mini Club UK Ltd. |
Subsidiary |
Watford |
United Kingdom |
Retail (Grocery) |
27.0 |
588 |
|
|
Mothercare |
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Textiles - Non Apparel |
|
100 |
|
|
Chelsea Stores Holdings Ltd. |
Subsidiary |
London |
United Kingdom |
Business Services |
|
40 |
|
|
Chelsea Stores Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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|
|
|
Early Learning Holdings Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Early Learning Centre Ltd. |
Subsidiary |
Watford |
United Kingdom |
Retail (Specialty) |
303.1 |
900 |
|
|
Early Learning Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
1.1 |
|
|
|
Elc Merchant Services Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
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Elci Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
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Elc Ltd. |
Subsidiary |
Durham |
United Kingdom |
Nonclassifiable Industries |
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|
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Early Learning (Uk) Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Chelsea Stores (Ebt Trustee) Ltd. |
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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|
UK Branch/Trading address |
Bradford |
United Kingdom |
Retail (Apparel) |
1,232.3 |
30 |
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|
UK Branch/Trading address |
Leicester |
United Kingdom |
Retail (Apparel) |
1,232.3 |
28 |
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UK Branch/Trading address |
Taunton |
United Kingdom |
Retail (Apparel) |
1,232.3 |
27 |
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UK Branch/Trading address |
Milton Keynes |
United Kingdom |
Retail (Apparel) |
1,232.3 |
25 |
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UK Branch/Trading address |
London |
United Kingdom |
Retail (Apparel) |
1,232.3 |
12 |
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UK Branch/Trading address |
Mansfield |
United Kingdom |
Retail (Apparel) |
1,232.3 |
10 |
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UK Branch/Trading address |
Birkenhead |
United Kingdom |
Retail (Apparel) |
1,232.3 |
9 |
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UK Branch/Trading address |
Redhill |
United Kingdom |
Retail (Apparel) |
1,232.3 |
7 |
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UK Branch/Trading address |
Newbury |
United Kingdom |
Retail (Apparel) |
1,232.3 |
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Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
Business Services |
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Subsidiary |
Mumbai |
India |
Apparel and Accessories |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
Watford |
United Kingdom |
Business Services |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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|
Subsidiary |
Watford |
United Kingdom |
Business Services |
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|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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|
Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
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|
Subsidiary |
London |
United Kingdom |
Business Services |
|
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|
Subsidiary |
Watford |
United Kingdom |
Retail (Grocery) |
893.8 |
5,516 |
|
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|
Subsidiary |
Watford |
United Kingdom |
Retail (Grocery) |
|
50 |
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UK Branch/Trading address |
Tamworth |
United Kingdom |
Retail (Grocery) |
|
30 |
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UK Branch/Trading address |
Blackburn |
United Kingdom |
Retail (Grocery) |
|
24 |
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Subsidiary |
Glastonbury |
United Kingdom |
Retail (Specialty) |
0.1 |
2 |
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UK Branch/Trading address |
Manchester |
United Kingdom |
Retail (Grocery) |
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UK Branch/Trading address |
Grimsby |
United Kingdom |
Retail (Apparel) |
893.8 |
11 |
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|
Subsidiary |
Watford |
United Kingdom |
Printing and Publishing |
0.7 |
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|
Subsidiary |
Watford |
United Kingdom |
Retail (Catalog and Mail Order) |
0.1 |
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Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
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Subsidiary |
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Subsidiary |
Riyadh, Ar Riyad |
Saudi Arabia |
Food Processing |
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Subsidiary |
Watford |
United Kingdom |
Retail (Apparel) |
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Directors and Shareholders Report
|
Main Office Address: |
Tel: 01923 241000 |
Annual Return Date: 03 Aug 2011 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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|
Michael |
Current |
28 May 1972 |
Hunsingore, 40 Oatlands Drive, |
15 Aug 2011 |
NA |
Current:4 |
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Christopher Jeremy |
Current |
18 Jun 1960 |
198 London Road, Aston Clinton, |
28 Dec 2005 |
NA |
Current:5 |
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Neil Simon |
Current |
30 Aug 1963 |
Cherry Tree Road, Watford, |
30 Jan 2006 |
NA |
Current:5 |
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Susan Eileen |
Current |
09 Nov 1956 |
9 School Close, High Wycombe, |
04 Dec 2006 |
NA |
Current:3 |
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Tim |
Current |
07 May 1962 |
Cherry Tree Road, Watford, |
30 Apr 2012 |
NA |
Current:1 |
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Simon John |
Current |
24 Jul 1964 |
Unit 9 6 Portal Way, |
30 Apr 2012 |
NA |
Current:3 |
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Andrew David |
Previous |
21 May 1955 |
Southview Church Lane, Lighthorne, |
NA |
16 Oct 1998 |
Current:8 |
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Paul |
Previous |
14 Jul 1949 |
Bracken Cottage Cherry Tree Lane, Fulmer, |
NA |
19 Jul 1996 |
Current:0 |
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Phillip John |
Previous |
17 Nov 1962 |
Flat 1 61 Redington Road, Hampstead, |
NA |
27 Feb 1997 |
Current:1 |
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Joseph Denis |
Previous |
08 Sep 1958 |
4 Maple Place, High Beeches, |
NA |
11 Mar 1999 |
Current:0 |
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Richard |
Previous |
02 Aug 1955 |
Babshole Farm Sudburys Farm Road, |
NA |
22 Jan 1993 |
Current:30 |
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Joseph Benjamin |
Previous |
08 Aug 1959 |
Bottrells House, Bottrells Lane, |
02 Dec 2002 |
17 Nov 2011 |
Current:2 |
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Colin Roy |
Previous |
28 Dec 1950 |
The Old School, Priors Hardwick, |
03 Jan 2003 |
16 Nov 2005 |
Current:1 |
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Jasvinder |
Previous |
18 Apr 1957 |
338 The Chase, |
04 Jan 2010 |
20 Jan 2012 |
Current:0 |
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Andrew James |
Previous |
07 Aug 1961 |
6 Courtneidge Close, |
17 Sep 2001 |
15 Jul 2003 |
Current:0 |
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|
Simon Donnell |
Previous |
03 May 1949 |
Rosebank 36 Chelmsford Road, Shenfield, |
NA |
20 Nov 1997 |
Current:5 |
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Vincent Anthony |
Previous |
12 Apr 1966 |
5 Lady Place, Sutton Courtenay, |
05 Feb 2001 |
28 Aug 2003 |
Current:4 |
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Gregory Clifford Francis |
Previous |
23 May 1962 |
Old Hall Cottage, 10 Main Street, |
NA |
25 May 2000 |
Current:2 |
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Claire |
Previous |
18 Oct 1960 |
Churchview, Horcott Road, |
02 Jan 2001 |
30 Dec 2005 |
Current:0 |
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Anthony John |
Previous |
14 Sep 1963 |
Silverstream The Drive, Ifold, |
22 Sep 2003 |
28 Jan 2011 |
Current:0 |
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Gillian |
Previous |
12 Mar 1960 |
Orchard View 27 Woodhill Avenue, |
22 Aug 2003 |
20 Jan 2012 |
Current:1 |
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Steven Peter |
Previous |
09 May 1957 |
22 Firs Walk, Tewin Wood, |
04 Mar 2003 |
28 Dec 2005 |
Current:0 |
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Richard Aubrey |
Previous |
25 Apr 1966 |
Cherry Tree Road, Watford, |
01 Dec 2005 |
16 Dec 2011 |
Current:0 |
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|
Previous |
NA |
1 Horbury Crescent, |
20 Jun 2005 |
28 Sep 2007 |
Current:0 |
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|
Previous |
17 Aug 1960 |
23 Station Road, Desford, |
20 Jun 2005 |
31 Aug 2007 |
Current:0 |
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|
Previous |
18 May 1967 |
The Scout Association Gilwell Park, Chingford, |
04 Aug 2008 |
11 Jun 2010 |
Current:3 |
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|
Previous |
22 Mar 1953 |
Gravee Du Sud, The Grange, |
03 Aug 1992 |
31 Jul 1997 |
Current:0 |
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|
Previous |
08 Jan 1971 |
Cherry Tree Road, Watford, |
20 Sep 2010 |
02 Dec 2011 |
Current:0 |
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|
Previous |
14 Feb 1957 |
The Cottage 7 Mill Lane, |
10 Jun 2002 |
12 Jun 2005 |
Current:1 |
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|
Previous |
25 Feb 1944 |
20 Abbey Road Flat 3, St.Johns Wood, |
03 Aug 1992 |
NA |
Current:0 |
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|
Previous |
01 Jul 1952 |
Rose Cottage, Knossington, |
03 Aug 1992 |
NA |
Current:0 |
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|
Previous |
14 Sep 1951 |
Meadow House Chapel Lane, Chilton, |
03 Aug 1992 |
30 May 2002 |
Current:1 |
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|
Previous |
17 Jun 1945 |
10 Lower Addison Gardens, |
03 Aug 1992 |
NA |
Current:0 |
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|
Previous |
16 Jul 1960 |
The Old School House, Bowling Green, |
25 May 2000 |
14 Jul 2002 |
Current:38 |
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|
Previous |
04 Jul 1963 |
Murren House Rushmere Lane, Orchard Leigh, |
01 Aug 1996 |
01 Jan 1999 |
Current:0 |
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|
Previous |
24 Jun 1966 |
40 Kings Road, |
13 Sep 1996 |
07 Jan 2000 |
Current:0 |
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|
Previous |
26 Apr 1953 |
3 Greenswood, Bearley, |
30 Jul 1996 |
27 Feb 1997 |
Current:0 |
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|
Previous |
24 Mar 1959 |
Dormitory Cottage 4 High Street, Cranford, |
27 Nov 1996 |
01 Jan 1999 |
Current:0 |
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|
Previous |
03 May 1958 |
11 Poppy Walk, St James Road, |
17 Apr 2001 |
03 Mar 2003 |
Current:4 |
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|
Previous |
19 Nov 1945 |
7 Claremont Road, |
12 Oct 1992 |
04 Feb 1995 |
Current:0 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Timothy John |
Current |
07 May 1962 |
Cherry Tree Road, |
30 Aug 2010 |
NA |
Current:37 |
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Clive Edward |
Previous |
01 Oct 1954 |
53 Riversdell Close, |
03 Aug 1992 |
30 Aug 2010 |
Current:1 |
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Individual Shareholders |
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There are no individual shareholders for this company. |
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Corporate Shareholders |
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Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
Mothercare (Holdings) Ltd |
01289339 |
28445999 Ordinary GBP 1.00 |
Ordinary |
28,445,999 |
1.00 |
28,445,999.00 |
100.00 |
|
Princess Products Ltd |
00354661 |
1 Ordinary GBP 1.00 |
Ordinary |
1 |
1.00 |
1.00 |
<0.01 |
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Annual Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
29-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.644005 |
0.628176 |
0.590376 |
0.498398 |
0.528925 |
|
Consolidated |
No |
No |
No |
No |
No |
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Turnover (UK) |
635.5 |
659.2 |
701.7 |
846.8 |
775.3 |
|
Turnover (Exports) |
258.2 |
235.9 |
207.2 |
194.2 |
164.2 |
|
Total Turnover |
893.8 |
895.2 |
908.9 |
1,041.1 |
939.5 |
|
Cost of Sales |
819.4 |
785.7 |
780.0 |
929.8 |
849.7 |
|
Gross Profit |
74.4 |
109.5 |
128.9 |
111.3 |
89.8 |
|
Depreciation |
25.5 |
24.3 |
25.1 |
28.0 |
26.1 |
|
Other Expenses |
44.4 |
65.2 |
61.3 |
68.9 |
64.2 |
|
Operating Profit |
30.0 |
44.3 |
- |
- |
25.6 |
|
Other Income |
22.1 |
16.3 |
22.1 |
27.9 |
25.1 |
|
Interest Paid |
21.0 |
18.2 |
19.5 |
20.6 |
17.9 |
|
Exceptional Income |
-9.3 |
-5.1 |
-5.6 |
-33.7 |
0.4 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
21.8 |
37.3 |
64.6 |
16.1 |
33.3 |
|
Tax Payable / Credit |
3.2 |
10.9 |
18.1 |
7.6 |
7.6 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
18.5 |
26.4 |
46.5 |
8.5 |
25.6 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.2 |
0.7 |
0.7 |
0.5 |
|
Non Audit Fees |
0.0 |
- |
- |
- |
- |
|
Number of Employees |
5,516 |
5,367 |
5,377 |
5,347 |
5,342 |
|
Wages |
106.8 |
104.7 |
116.9 |
120.1 |
105.8 |
|
Social Security Costs |
7.2 |
7.2 |
9.9 |
7.1 |
6.6 |
|
Pensions |
0.2 |
0.2 |
0.2 |
0.3 |
0.3 |
|
Other Pension Costs |
5.7 |
3.8 |
4.2 |
7.6 |
9.5 |
|
Employees Remuneration |
119.8 |
115.7 |
131.1 |
134.8 |
121.9 |
|
Directors Emoluments |
3.4 |
4.4 |
5.2 |
7.4 |
5.4 |
|
Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
3.6 |
4.6 |
5.5 |
7.7 |
5.7 |
|
Highest Paid Director |
1.1 |
1.5 |
1.8 |
3.1 |
1.9 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
29-Mar-2008 |
31-Mar-2007 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.621678 |
0.670938 |
0.698153 |
0.502715 |
0.509853 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
75.6 |
76.7 |
70.8 |
95.4 |
109.9 |
|
Fixtures & Fittings |
84.5 |
77.3 |
72.4 |
96.8 |
85.9 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
160.1 |
154.1 |
143.2 |
192.2 |
195.7 |
|
Intangible Assets |
18.4 |
18.6 |
19.4 |
29.0 |
30.6 |
|
Investments |
107.5 |
97.4 |
92.0 |
127.1 |
124.9 |
|
Total Fixed Assets |
286.0 |
270.1 |
254.5 |
348.3 |
351.3 |
|
Stocks |
125.5 |
92.4 |
97.5 |
107.4 |
102.2 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
125.5 |
92.4 |
97.5 |
107.4 |
102.2 |
|
Trade Debtors |
62.2 |
46.0 |
38.4 |
40.5 |
39.8 |
|
Inter-Company Debtors |
81.2 |
57.2 |
18.8 |
24.3 |
20.8 |
|
Other Debtors |
13.8 |
36.4 |
32.4 |
39.6 |
47.0 |
|
Total Debtors |
157.2 |
139.7 |
89.6 |
104.5 |
107.5 |
|
Cash and Equivalents |
128.0 |
84.2 |
84.2 |
93.2 |
28.5 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
2.8 |
0.0 |
|
Total Current Assets |
410.7 |
316.3 |
271.3 |
307.9 |
238.3 |
|
Total Assets |
696.7 |
586.3 |
525.8 |
656.2 |
589.6 |
|
Trade Creditors |
92.9 |
65.9 |
58.2 |
132.2 |
54.4 |
|
Bank Overdraft |
- |
- |
- |
61.5 |
0.0 |
|
Inter-Company Creditors |
190.4 |
120.8 |
103.9 |
5.2 |
126.0 |
|
Accruals/Deferred Income (Current Liability) |
43.6 |
62.0 |
49.4 |
70.8 |
49.9 |
|
Social Security/VAT |
2.7 |
5.7 |
2.8 |
- |
6.2 |
|
Corporation Tax |
0.0 |
4.9 |
3.7 |
- |
0.7 |
|
Other Current Liabilities |
25.4 |
9.2 |
5.9 |
5.3 |
5.1 |
|
Total Current Liabilities |
354.9 |
268.6 |
224.0 |
275.0 |
242.2 |
|
Group Loans (Long Term Liability) |
114.7 |
106.3 |
102.1 |
147.4 |
145.3 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
24.6 |
17.4 |
10.0 |
10.3 |
13.1 |
|
Total Long Term Liabilities |
139.2 |
123.6 |
112.2 |
157.7 |
158.4 |
|
Deferred Taxation |
0.6 |
6.2 |
4.9 |
3.2 |
1.0 |
|
Other Provisions |
53.6 |
69.3 |
36.5 |
29.2 |
6.3 |
|
Total Provisions |
54.2 |
75.5 |
41.4 |
32.4 |
7.3 |
|
Issued Capital |
45.8 |
42.4 |
40.7 |
56.6 |
55.8 |
|
Share Premium Accounts |
57.2 |
53.0 |
50.9 |
70.7 |
69.7 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
45.5 |
23.2 |
56.7 |
63.8 |
56.1 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
148.4 |
118.6 |
148.3 |
191.1 |
181.6 |
|
Net Worth |
130.0 |
100.0 |
129.0 |
162.1 |
151.0 |
Annual Cash Flows
|
|
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
29-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.644005 |
0.628176 |
0.590376 |
0.498398 |
0.528925 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
Annual Ratios
Financials in: USD (mil)
|
|
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
29-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.621678 |
0.670938 |
0.698153 |
0.502715 |
0.509853 |
|
Consolidated |
No |
No |
No |
No |
No |
|
Current Ratio |
1.16 |
1.18 |
1.21 |
1.12 |
0.98 |
|
Liquidity Ratio |
0.80 |
0.83 |
0.78 |
0.73 |
0.56 |
|
Stock Turnover |
7.38 |
9.07 |
7.89 |
9.61 |
9.53 |
|
Credit Period (Days) |
24.54 |
20.05 |
18.22 |
14.33 |
14.89 |
|
Working Capital by Sales |
6.02% |
5.69% |
6.16% |
3.18% |
-0.40% |
|
Trade Credit by Debtors |
1.49 |
1.43 |
1.52 |
3.26 |
1.37 |
|
Return on Capital |
6.60% |
10.98% |
18.10% |
4.18% |
9.93% |
|
Return on Assets |
3.24% |
5.95% |
10.39% |
2.43% |
5.85% |
|
Profit Margin |
2.44% |
4.16% |
7.11% |
1.54% |
3.54% |
|
Return on Shareholders Funds |
15.21% |
29.41% |
36.83% |
8.34% |
19.00% |
|
Borrowing Ratio |
234.67% |
227.02% |
159.77% |
132.02% |
179.64% |
|
Equity Gearing |
21.30% |
20.23% |
28.21% |
29.12% |
30.81% |
|
Debt Gearing |
88.21% |
106.25% |
79.18% |
90.91% |
96.22% |
|
Interest Coverage |
1.04 |
2.04 |
3.32 |
0.78 |
1.86 |
|
Sales by Tangible Assets |
5.78 |
5.44 |
5.37 |
5.37 |
4.98 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.2 |
0.2 |
0.1 |
0.2 |
0.2 |
|
Capital Employed per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Employee Remuneration by Sales |
13.40% |
12.93% |
14.42% |
12.95% |
12.98% |
|
Creditor Days (Cost of Sales Based) |
39.93 |
32.72 |
32.19 |
52.36 |
22.51 |
|
Creditor Days (Sales Based) |
36.61 |
28.72 |
27.63 |
46.76 |
20.36 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.31 |
|
UK Pound |
1 |
Rs.88.06 |
|
Euro |
1 |
Rs.70.91 |
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.