MIRA INFORM REPORT

 

 

Report Date :

30.11.2012

 

IDENTIFICATION DETAILS

 

Name :

BASS PREMIER CO. LTD.

 

 

Registered Office :

82 Saint John Street  London, EC1M 4JN

 

 

Country :

United Kingdom

 

 

Date of Incorporation :

29.12.2000

 

 

Com. Reg. No.:

04133617

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Non-Trading Company

 

 

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

 

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 name and address

 

Top of Form

Bottom of Form

Bass Premier Co. Ltd.   

                                                                         

 

82 Saint John Street

 

 

London, EC1M 4JN

United Kingdom

 

 

 

 

Employees:

NA

Company Type:

Private Independent

 

 

Quoted Status:

Non-quoted Company

Incorporation Date:

29-Dec-2000

Fiscal Year End:

31-Dec-2011

Reporting Currency:

British Pound Sterling

Annual Sales:

NA

Total Assets:

NA

 

Industry                          

 

Industry

Nonclassifiable Industries

ANZSIC 2006:

9900 - Nonclassifiable Establishments

NACE 2002:

9999 - Nonclassifiable Establishments

NAICS 2002:

9999 - Nonclassifiable Establishments

UK SIC 2003:

7499 - Non-Trading Company

US SIC 1987:

9999 - Nonclassifiable Establishments

 

Key Executives           

   

 

Name

Title

Jeremy Rogers

Company Director

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.623776
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6434593

 

 

Corporate Overview

 

Trade Status: Dormant

 

 

Location
82 Saint John Street
London, EC1M 4JN
London County
United Kingdom

 

 

 

Suggest Company URL

 

Sales GBP(mil):

NA

Assets GBP(mil):

NA

Employees:

NA

Fiscal Year End:

31-Dec-2011

 

Industry:

Nonclassifiable Industries

Registered Address:
82 Saint John Street
London , EC1M 4JN
United Kingdom

 

Incorporation Date:

29-Dec-2000

Company Type:

Private Independent

Quoted Status:

Not Quoted

Registered No.(UK):

04133617

 

Company Director:

Jeremy Rogers

Contents

Industry Codes

Financial Data

Key Corporate Relationships

Industry Codes

 

ANZSIC 2006 Codes:

9900

-

Nonclassifiable Establishments

 

NACE 2002 Codes:

9999

-

Nonclassifiable Establishments

 

NAICS 2002 Codes:

9999

-

Nonclassifiable Establishments

 

US SIC 1987:

9999

-

Nonclassifiable Establishments

 

UK SIC 2003:

7499

-

Non-Trading Company

 

 

 

Financial Data

 

Financials in:

GBP(mil)

 

Issued Capital:

0.0

 

 

 

Date of Financial Data:

31-Dec-2011

 

1 Year Growth

 

 

Key Corporate Relationships

 

 

GBP(mil)

Audit Fees:

0.0

Audit Fiscal Year:

12-31-2011

 

 

 

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Jeremy Rogers

 

Company Director

Director/Board Member

Age: 39

 

 

Directors and Shareholders Report

Annual Return Date: 29 Dec 2011

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Jeremy
Rogers

Current

08 Jan 1973

82 St John Street,
London , London EC1M 4JN

23 Jan 2009

NA

Current:8
Previous:5
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Mcs Nominees Limited

Previous

82 St John Street,
London , London EC1M 4JN

29 Dec 2000

23 Jan 2009

 

 

 

 

Individual Secretaries

 

There are no individual secretaries for this company.

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Mcs Secretaries Limited

Previous

82 St John Street,
London , London EC1M 4JN

29 Dec 2000

30 Apr 2008

 

 

 

 

Individual Shareholders

 

Name

Share Details
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Jeremy Rogers

2 Ordinary GBP 1.00

Ordinary

2

1.00

2.00

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)  

 

 

 

 

 

 

31-Dec-2011

31-Dec-2010

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.623776

0.647573

0.641508

0.545576

0.499878

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Audit Fees

0.0

0.0

0.0

0.0

0.0

 

 

 

 



 

Annual Ratios

 

 

 

 

 

 

31-Dec-2011

31-Dec-2010

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

Filed Currency

-

-

-

-

-

Exchange Rate

-

-

-

-

-

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Financial Strength Ratio

0.00

0.00

0.00

0.00

0.00

 

 

Bottom of Form

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.20

UK Pound

1

Rs.88.37

Euro

1

Rs.71.47

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.