|
Report Date : |
17.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
HYPERAMA PLC TA JK FOODS |
|
|
|
|
Formerly Known
as: |
HYPERAMA INTERNATIONAL LIMITED |
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|
|
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Registered Office : |
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Country : |
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|
|
|
|
Financials (as on) : |
27.01.2013 |
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Date of Incorporation : |
26.11.1991 |
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Com. Reg. No.: |
02667340 |
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|
Legal Form : |
Public limited with Share Capital |
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|
Line of Business : |
Wholesaler of food, beverages and tobacco |
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|
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|
No. of Employees : |
269 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
United Kingdom ECONOMIC OVERVIEW
The UK, a
leading trading power and financial center, is the second largest economy in
Europe after Germany. 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 aimed 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 21% by 2014. The
Bank of England (BoE) implemented an asset purchase program of up to £375
billion (approximately $605 billion) as of December 2012. 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). In 2012, weak consumer spending and subdued business investment
weighed on the economy. GDP fell 0.1%, and the budget deficit remained
stubbornly high at 7.7% of GDP. Public debt continued to increase.
|
Source : CIA |
HYPERAMA BUILDINGS
BULL CLOSE ROAD
NOTTINGHAM
NOTTINGHAMSHIRE
NG7 2UT
United Kingdom
Telephone +44 011 5985 1301
Fax -
Website www.hyperama.com
Status: Active
- Accounts Filed
Company Number: 02667340
Foundation: 26/11/1991
No exact match CCJs are recorded
against the company. Net Worth increased
by 3.6% during the latest trading period.
The audit report contains
no adverse comments.
The credit limit on this company has fallen 1.1% in comparison to the previously suggested credit limit. Sales in the latest trading period decreased 1.2% on the previous trading period. A 3.6% decline in Total Assets occurred during the latest trading period. Pre-tax profits decreased by 68.9% compared to the previous trading period. The company saw a decrease in their Cash Balance of 0.2% during the latest trading period.
There has been no significant change in the company’s
credit rating. The company
has undergone recent changes
in its directorships. The company
is part of a group. The company was established over 22 years ago.
Legal form
Public limited with Share Capital
Foundation
26/11/1991
Company No.
02667340
Previous Names
28/10/1994 HYPERAMA INTERNATIONAL LIMITED
Name Currency
Number of Share type Nominal
value
Shares
M.S. JOHAL GBP 80,763 ORDINARY 1
TRUSTEES OF K.S.
KHERA TRUST GBP 67,997 ORDINARY 1
TRUSTEES OF SAW
BENEFICIAL TRUST GBP ,990,000 REDEEMABLE
PREFERENCE 1
Total Share Capital GBP 2,138,760
Directors
Name Address:
Date of birth Nationality Appointment
Mr Markhan Singh Johal 5 Park
Valley, 10/05/1951 British 11/02/1993
The Park,
Nottingham,
Nottinghamshire
NG7 1BS
Mr Peter Robert Fairley 20
Burleigh Road, 10/07/1968 British 05/01/2005
West Bridgford,
Nottingham,
Nottinghamshire NG2
6FQ
Mr Marcus Singh 5a Park Valley,
Nottingham,
Nottinghamshire
NG7 1BS 12/01/1981 British 02/04/2009
Company Secretary |
||
|
Name |
Address: |
Appointment
date |
|
Ms Sharan
Kaur |
20 Pelham Crescent, The Park,
Nottingham, Nottinghamshire NG7 1AW |
06/01/2005 |
Other Known Addresses
Hyperama Buildings, Bull Close Road, Nottingham, Nottinghamshire NG7 2UT Richmond
Street, West Bromwich, West Midlands
B70 0DD
Main activity
|
SIC03 |
Non-specialised wholesale food |
|
SIC07 |
Non-specialised wholesale of food,
beverages and tobacco |
Product Details
· Fresh Fruit And Vegetables
Fresh
Meat And Fish
Bread
& Cakes
Chilled
(Regional and Continental cheeses; dairy
products such milks, eggs and butters)
Grocery
Ethnic
Cuisine
Frozen
Food
Beers,
Ciders, Wines, Spirits And Tobacco
Cleaning
Products
Crisps,
Snacks And Confectionery
Non
Foods (paper products, kitchen ware, glassware,
electrical and stationary)
Date of Accounts turnover
employees
|
30/01/2011 |
GBP 111,463,000 |
263 |
|
29/01/2012 |
GBP 116,515,000 |
269 |
|
27/01/2013 |
GBP 115,080,000 |
269 |
|
Banks
|
Bank Branch Sort
Code |
|
|
LLOYDS TSB BANK
PLC |
30-18-98 |
Auditor
Auditor name
SMITH COOPER
LLP
Events
Company history
|
Date |
|
|
06/01/2009 |
Annual Returns |
|
06/02/2009 |
New Board Member Mr M. Singh
appointed |
|
01/07/2009 |
New Accounts Filed |
|
01/12/2009 |
Annual Returns |
|
24/06/2010 |
New Accounts Filed |
|
24/06/2010 |
New Accounts Filed |
|
21/12/2010 |
Annual Returns |
|
22/07/2011 |
Mr R. Lowe has left the
board |
|
25/07/2011 |
New Accounts Filed |
|
25/07/2011 |
New Accounts Filed |
|
03/12/2011 |
Annual Returns |
|
11/06/2012 |
New Accounts Filed |
|
11/06/2012 |
New Accounts Filed |
|
01/12/2012 |
Annual Returns |
|
01/04/2013 |
Mr A.K. Fletcher has left
the board |
|
24/07/2013 |
New Accounts Filed |
|
24/07/2013 |
New Accounts Filed |
|
30/11/2013 |
Annual Returns |
Charge created 23/09/1992
|
Charge registered |
08/10/1992 |
|
Status |
SATISFIED |
|
Entitled person |
NATIONAL WESTMINSTER BANK PLC |
|
Secured amount Mortgage detail |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER A SPECIFIC EQUITABLE CHARGE OVER ALL
FREEHOLD AND LEASEHOLD PROPERTIES AND/OR THE PROCEEDS OF SALE THEREOF FIXED
AND FLOATING CHARGES OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE INCLUDING GOODWILL BOOKDEBTS AND THE BENEFITS OF ANY LICENCES |
Charge created 19/05/1993
|
Charge registered |
03/06/1993 |
|
Status |
SATISFIED |
|
Entitled person |
LOMBARD NORTH CENTRAL PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE |
|
|
ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
LAND AND BUILDINGS ON THE EAST SIDE OF BULL
CLOSE ROAD NOTTING- |
|
|
HAM TOGETHER WITH ALL FIXTURES FLOATING
CHARGE OVER ALL MOVEABLE |
|
|
PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT |
Charge created 19/05/1993
|
Charge registered |
25/05/1993 |
|
Status |
SATISFIED |
|
Entitled person |
NATIONAL WESTMINSTER BANK PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE |
|
|
ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
7.87 ACRES OF LAND ATBULL CLOSE ROAD,NOTTINGHAM,NOTTINGHAMSHIRE.TIT
NUMBER NT267470 AND THE PROCEEDS OF SALE THEREOF FLOATING CHARGE OVER ALL
MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
|
|
|
|
|
|
|
|
Charge created 09/11/2000
|
Charge registered |
10/11/2000 |
|
Status |
SATISFIED |
|
Entitled person |
LOMBARD NORTH CENTRAL PLC |
|
Secured amount Mortgage detail |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER PALLET RACKING IDENTIFIED AS
"JK1143" ON THE COMPANY ASSET REGISTER, FREEZER IDENTIFIED AS
"JK1138" ON THE COMPANY ASSET REGISTER |
Charge created 23/01/2001
|
Charge registered |
26/01/2001 |
|
|
|
Status |
SATISFIED |
|
|
|
Entitled person |
LLOYDS TSB BANK PLC |
|
|
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE |
|
|
|
|
ON ANY ACCOUNT WHATSOEVER |
|
|
|
Mortgage detail |
HYPERAMA
BUILDINGS,BULLCLOSE
RD,LENTON LANE INDUSTRIAL ES-TATE,NOTTINGHAM; NT267470
TOGETHER WITH ALL BUILDINGS AND FIXTURES (INCLUDING TRADE FIXTURES) FIXED PLANT
AND MACHINERY BY WAY OF FIXED CHARGE ALL PRESENT AND FUTURE BOOK AND OTHER
DEBTS FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT BY WAY OF ASSIGNMENT THE GOODWILL OF THE BUSINESS (IF
ANY) THE FULL BENEFIT OF ALL LICENCES AND ALL GUARANTEES |
||
|
Charge created |
23/01/2001 |
|
Charge registered |
26/01/2001 |
|
Status |
SATISFIED |
|
Entitled person |
LLOYDS TSB BANK PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL
BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY |
|
Charge created |
01/12/2003 |
|
Charge registered |
05/12/2003 |
|
Status |
OUTSTANDING |
|
Entitled person |
LLOYDS TSB COMMERCIAL FINANCE LIMITED |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING
THE CHARGE |
|
Mortgage detail |
A FIXED CHARGE BY WAY OF LEGAL MORTGAGEON
ALL AND ANY FREEHOLD AND LEASEHOLD PROPERTY NOW VESTED IN THE COMPANY
TOGETHER WITH ALL FIXTURES AND FITTINGS (INCLUDING TRADE FIXTURES AND
FITTINGS) AND FIXED PLANT AND MACHINERY FROM TIME TO TIME THEREIN AND THEREON
THE GOODWILL AND UNPAID AND/OR UNCALLED CAPITAL AND/OR ALLOHER FREEHOLD AND
LEASEHOLD PROPERTY HEREAFTER VESTED FROM TIME TO TIME IN THE FUTURE OF THE
COMPANY ALL STOCKS SHARES AND SECURITIES AND DOCUMENTS EVIDENCING TITLE OR
RIGHT TO POSSESSION OF ANY PROPERTY DEPOSIED WITH LLOYDS TSB
COMMERCIALFINANCE LIMITED THE BOOK DEBTS AND OTHER DEBTS BOTH PRESENT AND
FUTURE A FLOATING CHARGE ON ALL THE UNDERTAKING AND ALLTHE PROPERTY RIGHTS
AND ASSETS OF THE COMPANY WHATSOEVER AND WHERESOEVER BOTH PRESENT AND FUTURE |
|
Charge created |
04/02/2004 |
|
Charge registered |
09/02/2004 |
|
Status |
OUTSTANDING |
|
Entitled person |
AIB GROUP (UK) PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
LAND ON THE EAST SIDE OF BULL CLOSE ROAD NOTTINGHAM
T/N NT267470 BY WAY OF SPECIFIC CHARGE THE GOODWILLAND CONNECTION OF THE
BUSINESS OR BUSINESSES AND ALSO BY WAY OF FLOATING SECURITY ALL MOVEABLE
PLANT MACHINERY IMPLEMENTS FURNITURE EQUIPMENT STOCK-IN-TRADE WORK IN
PROGRESS AND OTHER CHATTELS |
|
Charge created |
04/02/2004 |
|
Charge registered |
09/02/2004 |
|
Status |
OUTSTANDING |
|
Entitled person |
AIB GROUP (UK) PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL
BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE
THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Charge created |
01/07/2005 |
|
Charge registered |
14/07/2005 |
|
Status |
OUTSTANDING |
|
Entitled person |
NATIONWIDE BUILDING SOCIETY |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Mortgage detail |
F/H PROPERTY K/A LAND AND BUILDINGS ON THE
WEST SIDE OF STOREYS BAR ROAD, PETERBOROUGH T/NO. CB183740 TOGETHER WITH ALL
BUILDINGS FIXTURES (INCLUDING TRADE FIXTURES) FIXED PLANT AND MACHINERY
THEREON THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY THE BENEFIT
OF ANY LICENCES AND REGISTRATIONS REQUIRED IN THE RUNNING OF SUCH BUSINESS
SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
Charge created |
09/02/2011 |
|
Charge registered |
10/02/2011 |
|
Status |
OUTSTANDING |
|
Entitled person |
LLOYDS TSB BANK PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE
AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Mortgage detail |
ALL SUCH RIGHTS TO THE REPAYMENT OF
THEDEPOSIT MEANING THE DEBT(S) ON THE ACCOUNT(S) DESCRIBED IN THE SCHEDULE
BEING THE ACCOUNT WITH THE BANK DENOMINATED IN STERLING DESIGNATED LTSB RE:
HYPERAMA PLC AND NUMBERED 00982723 AND ANY ACCOUNT(S) FOR THE TIME BEING
REPLACING THE SAMEAND ALL INTEREST OWING IN RESPECT THEREOF AND ALL DEPOSITS
WITH THE BANKS TREASURY DIVISION IN THE NAME OF THE BANK RE THE COMPANY |
|
County Court
Judgments (CCJs) |
|
|
There are no County Court Judgments
listed against this company |
|
Profit
& Loss
|
|
27/01/2013 56 GBP Group: Yes |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
31/01/2010 56 GBP Group: Yes |
|
Turnover |
115,080,000 |
116,515,000 |
111,463,000 |
108,965,000 |
|
Export |
- |
- |
0 |
- |
|
Cost of
Sales |
103,426,000 |
102,978,000 |
98,208,000 |
96,750,000 |
|
Gross
Profit |
11,654,000 |
13,537,000 |
13,255,000 |
12,215,000 |
|
Wages
And Salaries |
4,806,000 |
5,022,000 |
4,649,000 |
4,417,000 |
|
Directors
Emoluments |
167,000 |
333,000 |
369,000 |
382,000 |
|
Operating Profit |
859,000 |
1,774,000 |
2,088,000 |
2,005,000 |
|
Depreciation |
504,000 |
517,000 |
616,000 |
646,000 |
|
Audit
Fees |
18,000 |
18,000 |
19,000 |
18,000 |
|
Interests
Payments |
362,000 |
371,000 |
354,000 |
381,000 |
|
Pre Tax Profit |
437,000 |
1,403,000 |
1,734,000 |
1,627,000 |
|
Taxation |
-60,000 |
-340,000 |
-505,000 |
-460,000 |
|
Profit
After Tax |
377,000 |
1,063,000 |
1,229,000 |
1,167,000 |
|
Dividends
Payable |
0 |
0 |
0 |
0 |
|
Retained Profit |
377,000 |
1,063,000 |
1,229,000 |
1,167,000 |
Balance Sheet
|
|
27/01/2013 56 GBP Group: Yes |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
31/01/2010 56 GBP Group: Yes |
|
Tangible
Assets |
12,130,000 |
14,609,000 |
14,431,000 |
14,387,000 |
|
Intangible
Assets |
118,000 |
137,000 |
140,000 |
148,000 |
|
Total Fixed Assets |
12,248,000 |
14,746,000 |
14,571,000 |
14,535,000 |
|
Stock |
12,715,000 |
12,474,000 |
11,754,000 |
10,637,000 |
|
Trade
Debtors |
6,207,000 |
5,313,000 |
6,040,000 |
4,581,000 |
|
Cash |
1,101,000 |
1,103,000 |
1,069,000 |
1,133,000 |
|
Other
Debtors |
1,502,000 |
1,411,000 |
1,277,000 |
1,256,000 |
|
Miscellaneous
Current Assets |
0 |
0 |
0 |
0 |
|
Total Current Assets |
21,525,000 |
20,301,000 |
20,140,000 |
17,607,000 |
|
Trade
Creditors |
10,441,000 |
8,869,000 |
9,341,000 |
8,213,000 |
|
Bank
Loans and Overdraft |
1,722,000 |
2,375,000 |
2,230,000 |
962,000 |
|
Other
Short Term Finance |
3,939,000 |
4,300,000 |
4,218,000 |
4,091,000 |
|
Miscellaneous
Current Liabilities |
2,291,000 |
1,670,000 |
1,897,000 |
1,920,000 |
|
Total Current Liabilities |
18,393,000 |
17,214,000 |
17,686,000 |
15,186,000 |
|
Bank
Loans and Overdrafts LTL |
5,614,000 |
9,097,000 |
9,207,000 |
9,099,000 |
|
Other
Long Term Finance |
63,000 |
998,000 |
268,000 |
2,452,000 |
|
Total Long Term Liabilities |
3,892,000 |
6,722,000 |
6,977,000 |
8,137,000 |
Capital & Reserves
|
|
27/01/2013 56 GBP Group: Yes |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
31/01/2010 56 GBP Group: Yes |
|
Called Up Share Capital |
2,139,000 |
2,139,000 |
2,139,000 |
2,139,000 |
|
P and L Account Reserve |
3,721,000 |
3,344,000 |
2,281,000 |
1,052,000 |
|
Revaluation Reserve |
5,472,000 |
5,472,000 |
5,472,000 |
5,472,000 |
|
Sundry Reserves |
156,000 |
156,000 |
156,000 |
156,000 |
|
Shareholders Funds |
11,488,000 |
11,111,000 |
10,048,000 |
8,819,000 |
Other Financial Items
|
|
27/01/2013 |
29/01/2012 |
30/01/2011 |
31/01/2010 |
|
|
56 |
56 |
56 |
56 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: Yes |
Group: Yes |
Group: Yes |
Group: Yes |
|
Net
Worth |
11,370,000 |
10,974,000 |
9,908,000 |
8,671,000 |
|
Working
Capital |
3,132,000 |
3,087,000 |
2,454,000 |
2,421,000 |
|
Total
Assets |
33,773,000 |
35,047,000 |
34,711,000 |
32,142,000 |
|
Total
Liabilities |
22,285,000 |
23,936,000 |
24,663,000 |
23,323,000 |
|
Net
Assets |
11,488,000 |
11,111,000 |
10,048,000 |
8,819,000 |
Cash Flow
|
|
27/01/2013 56 GBP Group: Yes |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
31/01/2010 56 GBP Group: Yes |
|
Net Cash Flow from Operations |
2,842,000 |
1,450,000 |
1,403,000 |
2,496,000 |
|
Net Cash Flow before Financing |
3,763,000 |
-54,000 |
-166,000 |
1,290,000 |
|
Net Cash Flow from Financing |
-3,284,000 |
7,000 |
-1,034,000 |
-949,000 |
|
Increase in Cash |
-2,000 |
34,000 |
-64,000 |
266,000 |
Miscellaneous
|
|
56 GBP Group: Yes |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
31/01/2010 56 GBP Group: Yes |
|
Capital Employed |
15,380,000 |
17,833,000 |
17,025,000 |
16,956,000 |
Financial Ratios
|
Name |
27/01/2013 |
29/01/2012 |
30/01/2011 |
31/01/2010 |
|
Pre Tax Profit Margin |
0.38 % |
1.20 % |
1.56 % |
1.49 % |
|
Current Ration |
1.17 |
1.18 |
1.14 |
1.16 |
|
Sales or Net Working Capital |
36.74 |
37.74 |
45.42 |
45.01 |
|
Gearing |
48.87 % |
81.87 % |
91.63 % |
103.17 % |
|
Equity |
34.13 % |
31.83 % |
29.06 % |
27.56 % |
|
Creditor Days |
33.02 |
27.70 |
30.50 |
27.96 |
|
Debtor Days |
19.63 |
16.59 |
19.72 |
15.59 |
|
Liquidity or Acid test |
0.47 |
0.45 |
0.47 |
0.45 |
|
Return on Capital Employed |
2.84 % |
7.86 % |
10.18 % |
9.59 % |
|
Return on Total Assets Employed |
1.29 % |
4.00 % |
4.99 % |
5.06 % |
|
Current Debt Ratio |
1.60 % |
1.54 % |
1.76 % |
1.72 % |
|
Total Debt Ratio |
1.93 % |
2.15 % |
2.45 % |
2.64 % |
|
Stock Turnover Ratio |
11.04 % |
10.70 % |
10.54 % |
9.76 % |
|
Return on Net Assets Employed |
3.80 % |
12.62 % |
17.25 % |
18.44 % |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.10 |
|
|
1 |
Rs.101.27 |
|
Euro |
1 |
Rs.85.43 |
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.