MIRA
INFORM REPORT
|
Name :
|
MONARCH GLOBAL SECURITIES & TRADE FINANCE
LIMITED
|
|
|
|
|
Registered Office :
|
1 Canada
Square, London, E14 5AA.
|
|
|
|
|
|
|
Country :
|
United Kingdom
|
|
|
|
|
|
|
Financials (as on) :
|
31.03.2011
|
|
|
|
|
|
|
Date of Incorporation :
|
15.09.1999
|
|
|
|
|
|
|
Com. Reg. No.:
|
03842065
|
|
|
|
|
|
|
Legal Form :
|
Private Limited
|
|
|
|
|
|
|
Line of Business :
|
Not Available
|
|
|
|
|
|
|
No. of Employees :
|
1
|
|
|
RATING
|
STATUS
|
PROPOSED CREDIT LINE
|
|
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
|
|
|
|
|
|
Status :
|
Moderate
|
|
|
|
|
Payment Behaviour :
|
Unknown
|
|
|
|
|
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 – June 30th, 2012
|
Country Name
|
Previous Rating
(31.03.2011)
|
Current Rating
(30.06.2012)
|
|
United Kingdom
|
A1
|
A1
|
|
Risk Category
|
ECGC
Classification
|
|
Insignificant
|
A1
|
|
Low
|
A2
|
|
Moderate
|
B1
|
|
High
|
B2
|
|
Very High
|
C1
|
|
Restricted
|
C2
|
|
Off-credit
|
D
|
United Kingdom - ECONOMIC OVERVIEW
The UK, a
leading trading power and financial center, is the third largest economy in
Europe after Germany and France. Over
the past two decades, the government has greatly reduced public ownership and
contained the growth of social welfare programs. Agriculture is intensive,
highly mechanized, and efficient by European standards, producing about 60% of
food needs with less than 2% of the labor force. The UK
has large coal, natural gas, and oil resources, but its oil and natural gas
reserves are declining and the UK
became a net importer of energy in 2005. Services, particularly banking,
insurance, and business services, account by far for the largest proportion of
GDP while industry continues to decline in importance. After emerging from
recession in 1992, Britain's
economy enjoyed the longest period of expansion on record during which time
growth outpaced most of Western Europe. In
2008, however, the global financial crisis hit the economy particularly hard,
due to the importance of its financial sector. Sharply declining home prices,
high consumer debt, and the global economic slowdown compounded Britain's
economic problems, pushing the economy into recession in the latter half of
2008 and prompting the then BROWN (Labour) government to implement a number of
measures to stimulate the economy and stabilize the financial markets; these
include nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated a five-year austerity program, which aims to lower
London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In
November 2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic growth
and the impact of the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the
corporation tax rate to 23% by 2015. The Bank of England (BoE) implemented an
asset purchase program of up to £325 billion (approximately $525 billion) as of
February 2011. During times of economic crisis, the BoE coordinates interest
rate moves with the European Central Bank, but Britain remains outside the
European Economic and Monetary Union (EMU).
Source : CIA
Company Identification Details
|
Subject Reported on
|
MONARCH GLOBAL SECURITIES & TRADE FINANCE LIMITED
|
|
Registration Number
|
03842065
|
|
Address
|
1 CANADA
SQUARE, LONDON, E14 5AA.
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
03842065
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
15/09/1999
|
|
Registered Office
|
1 CANADA
SQUARE, LONDON, E14 5AA.
|
|
History
|
14/11/2011 : The
Registered Office address changed from INTERNATIONAL HOUSE, 1-6 YARMOUTH PLACE,
LOND.
|
|
|
11/11/2011 : Change of
name from GGK INVESTMENTS LIMITED.
|
|
|
7/07/2011 : The
Registered Office address changed from 70 CONDUIT
STREET, LONDON, W1S
2GF, W1S 2GF.
|
|
|
16/06/2011 : Change
of name from HYDE CORPORATE SERVICES LIMITED.
|
|
|
13/04/2011 : Change of
name from HYDE CORPORATE FINANCE LIMITED.
|
|
|
26/09/2008 : The
Registered Office address changed from 137-143 HIGH STREET, SUTTON, SURREY, SM1
1JH.
|
|
|
10/07/2008 : Change
of name from HYDE CONSULTING LIMITED.
|
|
|
17/09/1999 : The Registered
Office address changed from REGENT HOUSE, 316 BEULAH HILL, LONDON, SE19 3.
|
|
Date of Last Annual Return to Registry
|
15/09/2012
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/03/2011
|
|
Accounting Reference Date
|
30/03
|
Operations
|
Nace Code
|
6523
|
|
Staff Employed
|
1
|
|
Auditors
|
Mazars LLP
|
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
0
|
0
|
0
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Other Filings and Notices
|
27/09/2012
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
15/09/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
14/06/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
15/12/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
25/07/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
26/05/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
12/02/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
19/01/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
18/02/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
01/07/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
27/05/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
17/09/1999
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
VAERON LIMITED
|
|
Service Address
|
INTERNATIONAL HOUSE 1-6
YARMOUTH PL, LONDON, W1J 7BU.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Appointment Date
|
14/09/2012
|
Directors
|
Director
|
MR PAUL MICHAEL SEAKENS
|
|
Service Address
|
1 CANADA
SQUARE, LONDON, E14 5AA.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
12/03/1961
|
|
Appointment Date
|
14/09/2012
|
|
Other Directorships
|
CARBON NEUTRAL INVESTMENTS LIMITED, CREWCARD NETWORK
LIMITED, OTIUM VENTURES PLC, CREWCALL NETWORK LIMITED, SUGAR
VENTURES LIMITED, ENVIRO ASSOCIATES LIMITED, CARBON TRADING 365
LIMITED, CARBON TRADING 365 NOMINEES LIMITED, CNI CLEARING
LIMITED, CARBON CLEARING LIMITED, CARBON NEUTRAL RACING
LIMITED, AGT INVESTMENTS LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
5,000
|
|
Principal Shareholder
|
5,000 Thomas Knifton
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
Financial Data– Statutory
Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
78
|
52
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
|
|
478
|
463
|
|
Cost of goods sold
|
|
|
358
|
256
|
|
GROSS PROFIT
|
|
|
120
|
207
|
|
Wages and Salaries
|
|
|
101
|
64
|
|
PRE TAX PROFIT
|
|
|
7
|
1
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
78
|
52
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL CURRENT ASSETS
|
10
|
35
|
105
|
152
|
|
Trade debtors
|
|
28
|
38
|
107
|
|
Other Current Assets
|
10
|
7
|
67
|
45
|
|
Misc Current Assets
|
|
|
65
|
27
|
|
Cash
|
10
|
7
|
2
|
18
|
|
TOTAL ASSETS
|
10
|
35
|
105
|
152
|
|
TOTAL CURRENT LIABILITIES
|
|
24
|
87
|
139
|
|
Trade creditors
|
|
24
|
54
|
5
|
|
Other Liabilities
|
|
|
33
|
134
|
|
WORKING CAPITAL
|
10
|
11
|
18
|
13
|
|
TOTAL LONG TERM LIABS
|
5
|
5
|
5
|
5
|
|
NET ASSETS/(LIABILITIES)
|
5
|
6
|
13
|
8
|
|
SHARE CAPITAL + RESERVES
|
5
|
6
|
13
|
8
|
|
Share Cap + Sundry Res
|
5
|
5
|
5
|
5
|
|
Profit and Loss account
|
|
1
|
8
|
3
|
|
SHAREHOLDERS FUNDS
|
5
|
6
|
13
|
8
|
|
CAPITAL EMPLOYED
|
10
|
11
|
18
|
13
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
78
|
52
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Liquid Assets
|
10
|
35
|
40
|
125
|
|
Net Working Capital
|
10
|
11
|
18
|
13
|
|
Other Deferred Liabs
|
5
|
5
|
5
|
5
|
|
Tangible Net Worth(T.N.W)
|
5
|
6
|
13
|
8
|
|
Equity
|
5
|
6
|
13
|
8
|
|
Number of Years Trading
|
12
|
11
|
10
|
8
|
|
Number of Employees
|
|
|
1
|
1
|
|
Profit per Employee
|
|
|
7000
|
1000
|
|
Sales per Employee
|
|
|
478000
|
463000
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Current Ratio
|
|
1.5
|
1.2
|
1.1
|
|
Pre Tax Profit Margin%
|
|
|
1.5
|
0.2
|
|
Gross Profit%
|
|
|
25.1
|
44.7
|
|
Debtors Days (D.S.O)
|
|
|
29
|
84
|
|
Creditors Days (D.P.O)
|
|
|
41
|
4
|
|
Quick Ratio
|
|
1.5
|
1.2
|
1.1
|
|
Return on Investment%
|
|
|
38.9
|
7.7
|
|
Return on Assets%
|
|
|
6.7
|
0.7
|
|
T.N.W/Total Assets%
|
50
|
17.1
|
12.4
|
5.3
|
|
Return on Capital%
|
|
|
38.9
|
7.7
|
|
Rtn on Shareholders Funds%
|
|
|
53.8
|
12.5
|
|
Working Capital/Sales%
|
|
|
3.8
|
2.8
|
|
Equity Gearing%
|
100
|
20.7
|
14.1
|
5.6
|
|
Days Purchases Outstanding
|
|
|
55.1
|
7.1
|
Key Industry Sector Trends
|
Year
|
2012
|
2011
|
2010
|
2009
|
|
Sample Size
|
4541
|
19742
|
19646
|
19082
|
|
Pre-Tax Profit Margin
|
22.7
|
20.1
|
19.8
|
16.4
|
|
Current Ratio
|
3.2
|
3.3
|
3.3
|
3.4
|
|
Borrowing Ratio
|
673.4
|
754.4
|
827.3
|
663.5
|
|
Return on Capital
|
21.9
|
23.2
|
23.7
|
25
|
|
Creditors Days
|
711
|
1076
|
795
|
963
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Other financial intermediation
|
Financial Summary
|
Auditors Qualification
|
|
The company has taken advantage of exemptions
under the Companies Act such that the accounts have not been audited or
examined.
|
|
No Turnover
|
|
The company's balance sheet total is
less than GBP 2,800,001 and therefore this is a small company as defined by
the Companies Act.It is not required to disclose turnover but it is likely
to be less than GBP 5,600,000.
|
|
|
Currency
|
Unit
|
Indian Rupees
|
|
US Dollar
|
1
|
Rs.55.34
|
|
UK Pound
|
1
|
Rs.88.30
|
|
Euro
|
1
|
Rs.71.37
|
|
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%)
MIRA INFORM
REPORT
|
Name :
|
MONARCH GLOBAL SECURITIES & TRADE FINANCE LIMITED
|
|
|
|
|
|
|
Registered Office :
|
1 Canada
Square, London, E14 5AA.
|
|
|
|
|
|
|
Country :
|
United Kingdom
|
|
|
|
|
|
|
Financials (as on) :
|
31.03.2011
|
|
|
|
|
|
|
Date of Incorporation :
|
15.09.1999
|
|
|
|
|
|
|
Com. Reg. No.:
|
03842065
|
|
|
|
|
|
|
Legal Form :
|
Private Limited
|
|
|
|
|
|
|
Line of Business :
|
Not Available
|
|
|
|
|
|
|
No. of Employees :
|
1
|
|
|
RATING
|
STATUS
|
PROPOSED CREDIT LINE
|
|
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
|
|
|
|
|
|
Status :
|
Moderate
|
|
|
|
|
Payment Behaviour :
|
Unknown
|
|
|
|
|
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 – June 30th, 2012
|
Country Name
|
Previous Rating
(31.03.2011)
|
Current Rating
(30.06.2012)
|
|
United Kingdom
|
A1
|
A1
|
|
Risk Category
|
ECGC
Classification
|
|
Insignificant
|
A1
|
|
Low
|
A2
|
|
Moderate
|
B1
|
|
High
|
B2
|
|
Very High
|
C1
|
|
Restricted
|
C2
|
|
Off-credit
|
D
|
United Kingdom - ECONOMIC OVERVIEW
The UK, a
leading trading power and financial center, is the third largest economy in Europe
after Germany and France. Over
the past two decades, the government has greatly reduced public ownership and
contained the growth of social welfare programs. Agriculture is intensive,
highly mechanized, and efficient by European standards, producing about 60% of
food needs with less than 2% of the labor force. The UK
has large coal, natural gas, and oil resources, but its oil and natural gas
reserves are declining and the UK
became a net importer of energy in 2005. Services, particularly banking, insurance,
and business services, account by far for the largest proportion of GDP while
industry continues to decline in importance. After emerging from recession in
1992, Britain's economy
enjoyed the longest period of expansion on record during which time growth
outpaced most of Western Europe. In 2008,
however, the global financial crisis hit the economy particularly hard, due to
the importance of its financial sector. Sharply declining home prices, high
consumer debt, and the global economic slowdown compounded Britain's economic
problems, pushing the economy into recession in the latter half of 2008 and
prompting the then BROWN (Labour) government to implement a number of measures
to stimulate the economy and stabilize the financial markets; these include
nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated a five-year austerity program, which aims to lower
London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In
November 2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic growth
and the impact of the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation
tax rate to 23% by 2015. The Bank of England (BoE) implemented an asset
purchase program of up to £325 billion (approximately $525 billion) as of
February 2011. During times of economic crisis, the BoE coordinates interest
rate moves with the European Central Bank, but Britain remains outside the
European Economic and Monetary Union (EMU).
Source : CIA
Company Identification Details
|
Subject Reported on
|
MONARCH GLOBAL SECURITIES & TRADE FINANCE LIMITED
|
|
Registration Number
|
03842065
|
|
Address
|
1 CANADA
SQUARE, LONDON, E14 5AA.
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
03842065
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
15/09/1999
|
|
Registered Office
|
1 CANADA
SQUARE, LONDON, E14 5AA.
|
|
History
|
14/11/2011 : The
Registered Office address changed from INTERNATIONAL HOUSE, 1-6 YARMOUTH PLACE,
LOND.
|
|
|
11/11/2011 : Change
of name from GGK INVESTMENTS LIMITED.
|
|
|
7/07/2011 : The
Registered Office address changed from 70 CONDUIT
STREET, LONDON, W1S
2GF, W1S 2GF.
|
|
|
16/06/2011 : Change
of name from HYDE CORPORATE SERVICES LIMITED.
|
|
|
13/04/2011 : Change
of name from HYDE CORPORATE FINANCE LIMITED.
|
|
|
26/09/2008 : The
Registered Office address changed from 137-143 HIGH STREET, SUTTON, SURREY, SM1
1JH.
|
|
|
10/07/2008 : Change
of name from HYDE CONSULTING LIMITED.
|
|
|
17/09/1999 : The
Registered Office address changed from REGENT HOUSE, 316 BEULAH HILL, LONDON, SE19 3.
|
|
Date of Last Annual Return to Registry
|
15/09/2012
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/03/2011
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Accounting Reference Date
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30/03
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Operations
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Nace Code
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6523
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Staff Employed
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1
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Auditors
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Mazars LLP
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Last 3 Months
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Last 6 Months
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Last 12 Months
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0
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0
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0
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Search History Details
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The Search History Details shows details of the most recent 40
searches
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Public Record Information
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Summary of CCJ's/Scottish Decrees
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No CCJs/Scottish Decrees are recorded in
our file.
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Other Filings and Notices
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27/09/2012
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Companies House Gazette
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Notification of any change among the company's directors
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15/09/2011
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Companies House Gazette
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Notification of any change among the company's directors
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14/06/2011
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Companies House Gazette
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Notification of any change among the company's directors
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15/12/2008
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Companies House Gazette
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Change among directors of a company
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25/07/2008
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Companies House Gazette
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Change among directors of a company
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26/05/2007
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Companies House Gazette
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Change among directors of a company
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12/02/2004
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Companies House Gazette
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Change among directors of a company
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19/01/2004
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Companies House Gazette
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Change among directors of a company
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|
18/02/2003
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Companies House Gazette
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Change among directors of a company
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01/07/2002
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Companies House Gazette
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Change among directors of a company
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27/05/2000
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Companies House Gazette
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Change among directors of a company
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|
17/09/1999
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Companies House Gazette
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Change among directors of a company
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Company Secretary
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Secretary
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VAERON LIMITED
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Service Address
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INTERNATIONAL HOUSE 1-6
YARMOUTH PL, LONDON, W1J 7BU.
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Country of Origin
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UNITED
KINGDOM
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Appointment Date
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14/09/2012
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Directors
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Director
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MR PAUL MICHAEL SEAKENS
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Service Address
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1 CANADA
SQUARE, LONDON, E14 5AA.
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Country of Origin
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UNITED
KINGDOM
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Date of Birth
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12/03/1961
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Appointment Date
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14/09/2012
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Other Directorships
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CARBON NEUTRAL INVESTMENTS LIMITED, CREWCARD NETWORK
LIMITED, OTIUM VENTURES PLC, CREWCALL NETWORK LIMITED, SUGAR
VENTURES LIMITED, ENVIRO ASSOCIATES LIMITED, CARBON TRADING 365
LIMITED, CARBON TRADING 365 NOMINEES LIMITED, CNI CLEARING
LIMITED, CARBON CLEARING LIMITED, CARBON NEUTRAL RACING
LIMITED, AGT INVESTMENTS LIMITED
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Share Capital
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Shares
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Ordinary GBP 1.00
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Issued Number
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5,000
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Principal Shareholder
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5,000 Thomas Knifton
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The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
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Financial Data– Statutory Accounts
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The following figures are shown in units of 1000
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|
Number of Weeks
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52
|
52
|
78
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52
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Accounts Date
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31/03/2011
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31/03/2010
|
31/03/2009
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30/09/2007
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Currency
|
GBP
|
GBP
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GBP
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GBP
|
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SALES
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|
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478
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463
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Cost of goods sold
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358
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256
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GROSS PROFIT
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|
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120
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207
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Wages and Salaries
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|
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101
|
64
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PRE TAX PROFIT
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|
|
7
|
1
|
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The following figures are shown in units of 1000
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|
Number of Weeks
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52
|
52
|
78
|
52
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL CURRENT ASSETS
|
10
|
35
|
105
|
152
|
|
Trade debtors
|
|
28
|
38
|
107
|
|
Other Current Assets
|
10
|
7
|
67
|
45
|
|
Misc Current Assets
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|
|
65
|
27
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|
Cash
|
10
|
7
|
2
|
18
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|
TOTAL ASSETS
|
10
|
35
|
105
|
152
|
|
TOTAL CURRENT LIABILITIES
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|
24
|
87
|
139
|
|
Trade creditors
|
|
24
|
54
|
5
|
|
Other Liabilities
|
|
|
33
|
134
|
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WORKING CAPITAL
|
10
|
11
|
18
|
13
|
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TOTAL LONG TERM LIABS
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5
|
5
|
5
|
5
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NET ASSETS/(LIABILITIES)
|
5
|
6
|
13
|
8
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SHARE CAPITAL + RESERVES
|
5
|
6
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13
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8
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Share Cap + Sundry Res
|
5
|
5
|
5
|
5
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Profit and Loss account
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|
1
|
8
|
3
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SHAREHOLDERS FUNDS
|
5
|
6
|
13
|
8
|
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CAPITAL EMPLOYED
|
10
|
11
|
18
|
13
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|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
78
|
52
|
|
Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Liquid Assets
|
10
|
35
|
40
|
125
|
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Net Working Capital
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10
|
11
|
18
|
13
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Other Deferred Liabs
|
5
|
5
|
5
|
5
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Tangible Net Worth(T.N.W)
|
5
|
6
|
13
|
8
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Equity
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5
|
6
|
13
|
8
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Number of Years Trading
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12
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11
|
10
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8
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Number of Employees
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|
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1
|
1
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Profit per Employee
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|
|
7000
|
1000
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Sales per Employee
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|
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478000
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463000
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The following figures are shown as Ratios or Percentages
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Accounts Date
|
31/03/2011
|
31/03/2010
|
31/03/2009
|
30/09/2007
|
|
Current Ratio
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|
1.5
|
1.2
|
1.1
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Pre Tax Profit Margin%
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1.5
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0.2
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Gross Profit%
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25.1
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44.7
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Debtors Days (D.S.O)
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|
|
29
|
84
|
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Creditors Days (D.P.O)
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|
|
41
|
4
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Quick Ratio
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|
1.5
|
1.2
|
1.1
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Return on Investment%
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|
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38.9
|
7.7
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Return on Assets%
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|
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6.7
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0.7
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T.N.W/Total Assets%
|
50
|
17.1
|
12.4
|
5.3
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Return on Capital%
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|
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38.9
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7.7
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Rtn on Shareholders Funds%
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|
|
53.8
|
12.5
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Working Capital/Sales%
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|
|
3.8
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2.8
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Equity Gearing%
|
100
|
20.7
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14.1
|
5.6
|
|
Days Purchases Outstanding
|
|
|
55.1
|
7.1
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Key Industry Sector Trends
|
Year
|
2012
|
2011
|
2010
|
2009
|
|
Sample Size
|
4541
|
19742
|
19646
|
19082
|
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Pre-Tax Profit Margin
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22.7
|
20.1
|
19.8
|
16.4
|
|
Current Ratio
|
3.2
|
3.3
|
3.3
|
3.4
|
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Borrowing Ratio
|
673.4
|
754.4
|
827.3
|
663.5
|
|
Return on Capital
|
21.9
|
23.2
|
23.7
|
25
|
|
Creditors Days
|
711
|
1076
|
795
|
963
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Other financial intermediation
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Financial Summary
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Auditors Qualification
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The company has taken advantage of
exemptions under the Companies Act such that the accounts have not been
audited or examined.
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No Turnover
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The company's balance sheet total is less
than GBP 2,800,001 and therefore this is a small company as defined by the
Companies Act.It is not required to disclose turnover but it is likely to
be less than GBP 5,600,000.
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|
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Currency
|
Unit
|
Indian Rupees
|
|
US Dollar
|
1
|
Rs.55.34
|
|
UK Pound
|
1
|
Rs.88.30
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Euro
|
1
|
Rs.71.37
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RATING
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STATUS
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PROPOSED CREDIT LINE
|
|
>86
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Aaa
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Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums
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Unlimited
|
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71-85
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Aa
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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
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A
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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.
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Satisfactory
|
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26-40
|
B
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Capability to overcome financial difficulties seems comparatively below
average.
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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%)