MIRA INFORM REPORT

 

 

 

 

Report Date :

10.05.2012

 

IDENTIFICATION DETAILS

 

Name :

I J AUTO & TRAILER SPARES LTD

 

 

Registered Office :

The Diamond Centre, Market Street, Magherafelt, BT45 6ED

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

30.04.2011

 

 

Date of Incorporation :

18.04.2007

 

 

Com. Reg. No.:

NI064161

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

Status :

Dormant

Payment Behaviour :

---

Litigation :

---

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

United Kingdom 

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

Company name & address 

 

I J Auto & Trailer Spares Ltd.

 

The Diamond Centre

Market Street

Magherafelt, BT45 6ED

United Kingdom

 

Trade Status:   Dormant

 

 

Syntheiss

 

Employees:                  NA

Company Type: Private Independent

Quoted Status:             Non-quoted Company

Incorporation Date:         18-Apr-2007     

Fiscal Year End:            30-Apr-2011

Reporting Currency:       British Pound Sterling

Annual Sales:               NA

Total Assets:                NA

           

 

Key Executives   

 

Name

Title

Terry Reilly

Director

Michael Joseph Mcallister

Chartered Accountant

 

 

Registered No.(UK): NI064161

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6400078

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.5995383

 

 

Corporate Overview

 

Trade Status:     Dormant

 

Location

The Diamond Centre

Market Street

Magherafelt, BT45 6ED

County Londonderry County

United Kingdom

           

Sales GBP(mil): NA

Assets GBP(mil):           NA

Employees:                   NA

Fiscal Year End:            30-Apr-2011

Incorporation Date:         18-Apr-2007

Company Type: Private Independent

Quoted Status:              Not Quoted

Previous Name:             Auto & Trailer Ltd.

Registered No.(UK):       NI064161

 

Contents

Financial Data

Key Corporate Relationships

 

Financial Data

Financials in:

GBP(mil)

 

Issued Capital:

0.0

 

 

 

Date of Financial Data:

30-Apr-2011

 

1 Year Growth

Key Corporate Relationships

 

 

GBP(mil)

Audit Fees:

0.0

Audit Fiscal Year:

04-30-2011

 

 

 

 

 

 

 

 

EXECUTIVE REPORT

 

Board of Directors

 

Name

Title

Function

 

Michael Joseph Mcallister

 

Chartered Accountant

Director/Board Member

 

Terry Reilly

 

Director

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Terry Reilly

 

Director

Company Secretary

 

Michael Joseph Mcallister

 

Chartered Accountant

Accounting Executive

 

 

Directors and Shareholders Report

 

Main Office Address:
The Diamond Centre
Market Street
Magherafelt
United Kingdom BT45 6ED

 

Annual Return Date: 18 Apr 2011

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Michael Joseph 
Mcallister

Current

21 Feb 1963

54A Sixtowns Road, Draperstown, 
Magherafelt, County Londonderry BT45 7BB

18 Apr 2007

NA

Current:28
Previous:2
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Cs Director Services Limited

Previous

79 Chichester Street,
Belfast, County Antrim BT1 4JE

18 Apr 2007

18 Apr 2007

 

 

 

Individual Secretaries

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Terry 
Reilly

Current

NA

The Diamond Centre Market Street, 
Magherafelt, County Londonderry BT45 6ED

18 Apr 2007

NA

Current:3
Previous:0
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

C S Secretarial Services Limited

Previous

79 Chichester Street, Belfast, 
Belfast, County Antrim BT1 4JE

18 Apr 2007

18 Apr 2007

 

 

 

 

Individual Shareholders

 

Name

Share Details 
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Michael Mcallister

1 Ordinary GBP 1.00

Ordinary

1

1.00

1.00

100.00

 

 

 

 

 

 

 

 

Corporate Shareholders

 

There are no corporate shareholders for this company.

 

 

 

Annual Profit & Loss

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Apr-2011

30-Apr-2010

30-Apr-2009

30-Apr-2008

Period Length

12 Months

12 Months

12 Months

12 Months

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.640008

0.625491

0.607152

0.498433

Consolidated

No

No

No

No

 

 

 

 

 

Audit Fees

0.0

0.0

0.0

0.0

 

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

30-Apr-2011

30-Apr-2010

30-Apr-2009

30-Apr-2008

Filed Currency

GBP

GBP

GBP

GBP

Exchange Rate

0.599538

0.653317

0.674855

0.50491

Consolidated

No

No

No

No

 

 

 

 

 

Other Current Assets

-

0.0

0.0

0.0

Total Current Assets

-

0.0

0.0

0.0

Total Assets

-

0.0

0.0

0.0

Bank Overdraft

-

0.0

0.0

0.0

Bank Loan Overdrafts

-

0.0

0.0

0.0

Total Short Term Loans

-

0.0

0.0

0.0

Other Current Liabilities

-

0.0

0.0

0.0

Total Current Liabilities

-

0.0

0.0

0.0

Working Capital

-

0.0

0.0

0.0

Total Long Term Loans

-

0.0

0.0

0.0

Other Long Term Liabilities

-

0.0

0.0

0.0

Total Long Term Liabilities

-

0.0

0.0

0.0

Issued Capital

0.0

-

-

-

Total Reserve

-

0.0

0.0

0.0

Total Shareholders Funds

-

0.0

0.0

0.0

Net Worth

-

0.0

0.0

0.0

 

 

Annual Cash Flows

 

Financials in: USD (mil)

 

 

 

30-Apr-2010

30-Apr-2009

30-Apr-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

GBP

GBP

GBP

Exchange Rate (Period Average)

0.625491

0.607152

0.498433

Consolidated

No

No

No

 

 

 

 

Paid Up Equity

0.0

0.0

0.0

 

 

Annual Ratios

 

 

 

 

30-Apr-2011

30-Apr-2010

30-Apr-2009

30-Apr-2008

Period Length

12 Months

12 Months

12 Months

12 Months

Filed Currency

-

-

-

-

Exchange Rate

-

-

-

-

Consolidated

No

No

No

No

 

 

 

 

 

Solvency Ratio

-

100.00%

100.00%

100.00%

Financial Strength Ratio

0.00

0.00

0.00

0.00

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.46

UK Pound

1

Rs.86.27

Euro

1

Rs.69.40

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.