MIRA
INFORM REPORT
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Report Date : |
30.05.2012 |
IDENTIFICATION DETAILS
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Name : |
ARCADIA GROUP BRANDS LTD. |
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Registered Office : |
Colegrave House, |
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Country : |
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Financials (as on) : |
28.08.2010 |
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Date of Incorporation : |
30.06.1971 |
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Com. Reg. No.: |
01016191 |
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Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Subject designs, manufactures and supplies menswear, including knitted
shirts, waistcoats, pants, trousers, jackets, T-shirts and undergarments |
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No. of Employees : |
21,094 |
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 : |
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
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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 |
Company name & address
Arcadia Group Brands Ltd.
Debenhams Plc
Tel: 01473 221313
Synthesis
Employees: 21,094
Company Type: Private Subsidiary
Corporate Family: 989
Companies
Ultimate Parent: Taveta Investments Ltd
Quoted Status: Non-quoted Company
Incorporation Date:
30-Jun-1971
Auditor: PricewaterhouseCoopers LLP
Financials in: USD
(Millions)
Fiscal Year End:
28-Aug-2010
Reporting Currency: British
Pound Sterling
Annual Sales: 2,428.4 1
Net Income: 287.1
Total Assets: 1,801.8
Business Description
Arcadia Group
Brands Ltd. is one of the leading privately owned clothing retailers in the
Industry
Industry Retail (Apparel)
ANZSIC 2006: 4251 - Clothing
Retailing
NACE 2002: 5242 - Retail sale
of clothing
NAICS 2002: 4481 - Clothing
Stores
UK SIC 2003: 5242 - Retail sale
of clothing
US SIC 1987: 5651 - Family
Clothing Stores
Key Executives
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Name |
Title |
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Gillian Hague |
Group Financial Controller & Director |
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Kimberly D Rodie |
Company Secretary |
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Aisha L Waldron |
Company Secretary |
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Richard Leeroy Burchill |
Director |
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Richard Dedombal |
Director |
Financial Summary
FYE: 28-Aug-2010 USD (mil)
Key Figures
Current Assets 1,644.56
Fixed Assets 157.20
Total Liabilities 354.89
Net Worth 1,446.87
Key Ratios
Current Ratio 4.63
Acid Test 4.23
Registered No.(
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6398186
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6462662
Corporate Overview
Location
Debenhams Plc
Tel: 01473 221313
Sales GBP(mil): 1,553.7
Assets GBP(mil): 1,164.4
Employees: 21,094
Fiscal Year End: 28-Aug-2010
Industry: Retail (Apparel)
Registered
Address:
Colegrave House
Incorporation Date: 30-Jun-1971
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Registered No.(
Director: Richard Leeroy Burchill
Contents
Industry Codes
Business Description
Brand/Trade Names
Financial Data
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
4251 - Clothing Retailing
4279 - Other Store-Based Retailing Not Elsewhere Classified
NACE 2002 Codes:
5243 - Retail sale of footwear and leather goods
5242 - Retail sale of clothing
NAICS 2002 Codes:
448 - Clothing and Clothing Accessories Stores
4481 - Clothing Stores
US SIC 1987:
5651 - Family Clothing Stores
59 - Miscellaneous Retail
5243 - Retail sale of footwear and leather goods
5242 - Retail sale of clothing
Business
Description
Arcadia Group
Brands Ltd. is one of the leading privately owned clothing retailers in the
United Kingdom. The company designs, manufactures and supplies menswear,
including knitted shirts, waistcoats, pants, trousers, jackets, T-shirts and
undergarments. It also stocks and sells various nightwear, swimwear and
knitwear. The company offers a range of women’s clothing, including printed
tops, skirts and jeans in different sizes and colours. It additionally provides
several boxer shorts, designer skirts and dresses in different fabrics. In
addition, the company offers a number of leather bags, shoes, boots and
jackets.
More Business
Descriptions
Arcadia Group
Brands Ltd. is a part of Arcadia Group Ltd. Arcadia Group has more than 2,000
outlets throughout the country and is one of the United Kingdom’s largest
clothing retailers. It reaches its customers through approximately eight brands
in the United Kingdom and a growing number of international stores, including
Burton, Dorothy, Perkins, Evans, Miss Selfridge, Outfit, TOPSHOP, TOPMAN and
Wallis. Arcadia Group began in 1900 with ÂŁ100. Arcadia Group Brands Ltd. has
head offices in Bridgwater, Somerset. (Updated by OneSource Information
Services)
Group engaged in
the reatil of menswear, womenswear, childrenswear and products for the home
through stores, home shopping catalogues and the internet
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Corporate
Family |
Corporate
Structure News: |
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Arcadia Group Brands Ltd. |
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Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
London |
United Kingdom |
Retail (Apparel) |
4,340.4 |
43,790 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Commercial Banks |
229.6 |
2,294 |
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Subsidiary |
Bristol |
United Kingdom |
Business Services |
273.9 |
2,848 |
|
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Hull |
United Kingdom |
Business Services |
21.7 |
2,034 |
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Subsidiary |
London |
United Kingdom |
Business Services |
203.9 |
855 |
|
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Subsidiary |
Bromley |
United Kingdom |
Construction Services |
|
60 |
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|
Subsidiary |
London |
United Kingdom |
Business Services |
41.7 |
227 |
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Subsidiary |
London |
United Kingdom |
Communications Services |
45.3 |
30 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
410.7 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Recreational Activities |
1.6 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
0.2 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
0.2 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
146.6 |
31 |
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Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
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Subsidiary |
London |
United Kingdom |
Commercial Banks |
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Subsidiary |
Ipswich |
United Kingdom |
Retail (Apparel) |
2,428.4 |
21,094 |
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Subsidiary |
Croydon |
United Kingdom |
Retail (Apparel) |
|
4,656 |
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Subsidiary |
London |
United Kingdom |
Retail (Apparel) |
|
2,948 |
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Subsidiary |
London |
United Kingdom |
Retail (Apparel) |
|
2,346 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
1.1 |
871 |
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Subsidiary |
London |
United Kingdom |
Retail (Apparel) |
1.1 |
15 |
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Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
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Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
0.7 |
7 |
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Subsidiary |
Tunbridge Wells |
United Kingdom |
Nonclassifiable Industries |
0.7 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Retail (Apparel) |
|
6,382 |
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Subsidiary |
London |
United Kingdom |
Retail (Apparel) |
|
4,575 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
Bristol |
United Kingdom |
Miscellaneous Financial Services |
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Subsidiary |
London |
United Kingdom |
Commercial Banks |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Construction Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
25.2 |
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Subsidiary |
London |
United Kingdom |
Commercial Banks |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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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 |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
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Subsidiary |
Bristol |
United Kingdom |
Investment Services |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Investment Services |
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Subsidiary |
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United Kingdom |
Commercial Banks |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Commercial Banks |
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Subsidiary |
Nottingham |
United Kingdom |
Retail (Apparel) |
89.6 |
6,735 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
68.2 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Business Services |
0.0 |
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Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
1,242.4 |
12,457 |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
3.3 |
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Subsidiary |
London |
United Kingdom |
Business Services |
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Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
London |
United Kingdom |
Construction Services |
22.9 |
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Subsidiary |
London |
United Kingdom |
Construction Services |
10.6 |
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Subsidiary |
Stoke On Trent |
United Kingdom |
Retail (Specialty) |
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Executive report
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Board
of Directors |
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Group Financial Controller & Director |
Director/Board Member |
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Director |
Director/Board Member |
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Company Secretary |
Director/Board Member |
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Company Secretary |
Director/Board Member |
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Director |
Director/Board Member |
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Executives |
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Company Secretary |
Company Secretary |
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Company Secretary |
Company Secretary |
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Group Financial Controller & Director |
Finance Executive |
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Directors and Shareholders Report
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Main Office Address: |
Tel: 01473 221313 |
Annual Return Date: 01 Jun 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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Richard Leeroy |
Current |
08 Dec 1971 |
102 Northwood Way, Northwood Hills, |
16 Aug 2006 |
NA |
Current:53 |
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Mary Julia Margaret |
Current |
08 Jul 1973 |
Colegrave House 70 Berners Street, |
17 Oct 2007 |
NA |
Current:28 |
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Sally Marion |
Current |
27 Nov 1968 |
The Burton Business Park, Hudson Road, |
02 Mar 2011 |
NA |
Current:49 |
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Richard |
Current |
03 Feb 1965 |
46 Blackmoor Lane, Bardsey, |
01 May 2012 |
NA |
Current:44 |
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Gillian |
Current |
13 Feb 1965 |
Colegrave House 70 Berners Street, |
14 Sep 2005 |
NA |
Current:53 |
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Andrew Clive |
Previous |
16 Apr 1960 |
14 Princes Avenue, Muswell Hill, |
20 Dec 1993 |
05 May 1994 |
Current:9 |
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Colin Peter |
Previous |
21 Oct 1953 |
14 Woodlands Park, Scarcroft, |
03 Oct 2000 |
25 Feb 2011 |
Current:2 |
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David Nigel |
Previous |
19 Jul 1961 |
8 Flora Grove, |
16 Dec 1994 |
16 Aug 2006 |
Current:12 |
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Adam Alexander |
Previous |
21 Mar 1966 |
4 Jenner Way, Clarendon Park, |
20 Jan 1998 |
17 Feb 2006 |
Current:16 |
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John |
Previous |
23 Aug 1952 |
The Old Orchard Burney Road, Westhumble, |
01 Mar 1993 |
20 Jan 1998 |
Current:0 |
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Stephen John |
Previous |
23 Jan 1952 |
Littlewood Pyle Hill, |
01 Dec 1993 |
NA |
Current:8 |
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Julie Sook Hein |
Previous |
20 Jun 1971 |
9 Rowallan Road, |
17 Feb 2006 |
29 May 2007 |
Current:3 |
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Ian Peter |
Previous |
02 Aug 1946 |
Flat 11 Macready House, 75 Crawford Street, |
28 Jun 1992 |
14 Sep 2005 |
Current:12 |
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Mark Anthony |
Previous |
03 Feb 1962 |
The Manor House, Caverley Road, |
14 Sep 2005 |
10 Feb 2012 |
Current:3 |
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David John |
Previous |
29 Jun 1934 |
11 The Laurels, Potten End, |
28 Jun 1992 |
16 Dec 1994 |
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 |
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Aisha Leah |
Current |
NA |
29 Bookerhill Road, |
01 Dec 2009 |
NA |
Current:1 |
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Jayabaduri |
Previous |
18 Sep 1972 |
12 Newry Road, |
04 Apr 2008 |
13 Nov 2008 |
Current:2 |
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Michelle Hazel |
Previous |
NA |
154 Eastwood Road North, |
31 Mar 2005 |
31 Mar 2009 |
Current:1 |
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Kimberly Donna |
Previous |
NA |
34 Doulton Mews, West Hampstead, |
13 Nov 2008 |
01 Dec 2009 |
Current:2 |
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Kimberly Donna |
Previous |
NA |
26 Falcon Grove, |
02 Feb 2010 |
27 Jun 2011 |
Current:0 |
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John |
Previous |
23 Aug 1952 |
The Old Orchard Burney Road, Westhumble, |
01 Mar 1993 |
20 Jan 1998 |
Current:0 |
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Rebecca Jayne |
Previous |
01 Jan 1968 |
49 Rivulet Road, Tottenham, |
05 Sep 2000 |
05 Sep 2003 |
Current:1 |
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Ian Peter |
Previous |
02 Aug 1946 |
Flat 11 Macready House, 75 Crawford Street, |
18 Aug 2000 |
05 Sep 2000 |
Current:12 |
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Daphne Valerie |
Previous |
16 Aug 1959 |
9 Marquis Close, |
NA |
18 Aug 2000 |
Current:9 |
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Beverley |
Previous |
NA |
7 Westminster Court, King & Queen Wharf Rotherhithe, |
05 Sep 2003 |
31 Mar 2005 |
Current:0 |
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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 |
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Arcadia Group Fashion Holdings Limited |
00266758 |
100 Ordinary GBP 1.00 |
Ordinary |
100 |
1.00 |
100.00 |
100.00 |
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Annual Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
01-Sep-2007 |
02-Sep-2006 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.639819 |
0.642791 |
0.502804 |
0.510913 |
0.557608 |
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Consolidated |
No |
No |
No |
No |
No |
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Turnover (UK) |
2,256.6 |
2,246.5 |
- |
- |
- |
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Turnover (Exports) |
171.8 |
104.0 |
- |
- |
- |
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Total Turnover |
2,428.4 |
2,350.5 |
2,914.7 |
2,888.0 |
2,565.3 |
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Cost of Sales |
1,919.6 |
1,876.2 |
2,396.2 |
2,326.2 |
2,057.2 |
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Gross Profit |
508.8 |
474.4 |
518.4 |
561.8 |
508.1 |
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Depreciation |
38.5 |
37.8 |
50.8 |
47.2 |
39.9 |
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Other Expenses |
116.8 |
103.1 |
122.2 |
133.9 |
119.3 |
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Operating Profit |
392.1 |
371.3 |
396.3 |
428.0 |
- |
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Other Income |
6.9 |
0.9 |
0.1 |
0.0 |
6.0 |
|
Interest Paid |
0.1 |
0.1 |
0.1 |
0.0 |
0.0 |
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Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit Before Taxes |
398.9 |
372.1 |
396.3 |
427.9 |
394.8 |
|
Tax Payable / Credit |
111.8 |
107.8 |
113.8 |
142.0 |
96.8 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Profit After Taxes |
287.1 |
264.2 |
282.5 |
285.9 |
298.0 |
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Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Audit Fees |
- |
- |
- |
- |
0.0 |
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Number of Employees |
21,094 |
21,391 |
- |
8,845 |
8,779 |
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Wages |
321.3 |
318.1 |
409.7 |
400.0 |
347.8 |
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Social Security Costs |
22.1 |
21.7 |
27.8 |
26.6 |
25.4 |
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Pensions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Pension Costs |
5.5 |
5.2 |
13.3 |
14.7 |
13.7 |
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Employees Remuneration |
349.0 |
345.0 |
450.8 |
441.4 |
386.9 |
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Directors Emoluments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Directors Remuneration |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Highest Paid Director |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
01-Sep-2007 |
02-Sep-2006 |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.646266 |
0.613083 |
0.548261 |
0.495774 |
0.525389 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
2.1 |
2.3 |
4.3 |
5.6 |
0.0 |
|
Fixtures & Fittings |
146.7 |
152.1 |
147.7 |
168.6 |
145.4 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
148.8 |
154.4 |
152.0 |
174.3 |
145.4 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
8.4 |
8.9 |
10.2 |
6.3 |
5.9 |
|
Total Fixed Assets |
157.2 |
163.3 |
162.2 |
180.5 |
151.3 |
|
Total Stocks Work In Progress |
144.9 |
143.4 |
156.8 |
162.6 |
143.3 |
|
Trade Debtors |
45.2 |
46.4 |
45.4 |
48.0 |
39.8 |
|
Inter-Company Debtors |
1,433.3 |
1,197.8 |
1,031.3 |
1,085.6 |
659.9 |
|
Director Loans |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Debtors |
15.5 |
18.5 |
24.7 |
26.7 |
37.6 |
|
Total Debtors |
1,494.0 |
1,262.7 |
1,101.4 |
1,160.3 |
737.3 |
|
Cash and Equivalents |
5.6 |
8.8 |
32.8 |
17.0 |
10.2 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
1,644.6 |
1,414.9 |
1,291.0 |
1,339.9 |
890.8 |
|
Total Assets |
1,801.8 |
1,578.2 |
1,453.1 |
1,520.5 |
1,042.2 |
|
Trade Creditors |
180.8 |
171.6 |
199.7 |
221.5 |
166.4 |
|
Bank Overdraft |
- |
0.0 |
0.6 |
210.5 |
100.2 |
|
Inter-Company Creditors |
8.7 |
9.1 |
6.9 |
10.2 |
8.8 |
|
Accruals/Deferred Income (Current Liability) |
60.9 |
68.8 |
59.2 |
73.5 |
76.0 |
|
Social Security/VAT |
51.8 |
45.3 |
59.1 |
62.4 |
73.4 |
|
Other Current Liabilities |
52.8 |
57.8 |
63.3 |
52.5 |
47.7 |
|
Total Current Liabilities |
354.9 |
352.6 |
388.7 |
630.6 |
472.4 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
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 |
0.3 |
0.9 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.3 |
0.9 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
3.7 |
3.2 |
10.4 |
|
Total Provisions |
0.0 |
0.0 |
3.7 |
3.2 |
10.4 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
1,446.9 |
1,225.5 |
1,060.6 |
886.4 |
558.4 |
|
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 |
1,446.9 |
1,225.5 |
1,060.6 |
886.4 |
558.4 |
|
Net Worth |
1,446.9 |
1,225.5 |
1,060.6 |
886.4 |
558.4 |
Annual Cash Flows
|
|
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
01-Sep-2007 |
02-Sep-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.639819 |
0.642791 |
0.502804 |
0.510913 |
0.557608 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
Annual Ratios
Financials in: USD (mil)
|
|
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
01-Sep-2007 |
02-Sep-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.646266 |
0.613083 |
0.548261 |
0.495774 |
0.525389 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
4.63 |
4.01 |
3.32 |
2.12 |
1.89 |
|
Liquidity Ratio |
4.23 |
3.61 |
2.92 |
1.87 |
1.58 |
|
Stock Turnover |
16.59 |
17.19 |
17.04 |
18.30 |
18.64 |
|
Credit Period (Days) |
6.87 |
6.87 |
6.20 |
5.89 |
5.44 |
|
Working Capital by Sales |
53.64% |
43.11% |
33.75% |
23.83% |
15.66% |
|
Trade Credit by Debtors |
4.00 |
3.70 |
4.40 |
4.61 |
4.18 |
|
Return on Capital |
27.30% |
31.83% |
34.14% |
49.56% |
72.15% |
|
Return on Assets |
21.92% |
24.72% |
25.01% |
29.00% |
39.45% |
|
Profit Margin |
16.43% |
15.83% |
13.60% |
14.82% |
15.39% |
|
Return on Shareholders Funds |
27.30% |
31.83% |
34.27% |
49.75% |
73.62% |
|
Borrowing Ratio |
0.60% |
0.74% |
0.71% |
24.90% |
19.52% |
|
Equity Gearing |
80.30% |
77.66% |
72.99% |
58.30% |
53.58% |
|
Interest Coverage |
7,090.14 |
4,783.42 |
5,534.86 |
10,411.10 |
- |
|
Sales by Tangible Assets |
16.16 |
15.96 |
17.59 |
17.08 |
18.37 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
- |
0.1 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
- |
0.0 |
0.0 |
|
Sales per Employee |
0.1 |
0.1 |
- |
0.3 |
0.3 |
|
Capital Employed per Employee |
0.1 |
0.1 |
- |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
- |
0.0 |
0.0 |
|
Total Assets per Employee |
0.1 |
0.1 |
- |
0.2 |
0.1 |
|
Employee Remuneration by Sales |
14.37% |
14.68% |
15.47% |
15.28% |
15.08% |
|
Creditor Days (Cost of Sales Based) |
34.72 |
31.84 |
33.16 |
33.72 |
28.35 |
|
Creditor Days (Sales Based) |
27.45 |
25.41 |
27.26 |
27.16 |
22.74 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.58 |
|
UK Pound |
1 |
Rs.87.14 |
|
Euro |
1 |
Rs.69.73 |
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.