MIRA INFORM REPORT

 

 

Report Date :

06.02.2013

 

IDENTIFICATION DETAILS

 

Name :

SCREWFIX LIMITED

 

 

Registered Office :

Trade House, Mead Avenue, Houndstone Business Park, Yeovil, Somerset, BA22 8RT

 

 

Country :

United kingdom

 

 

Date of Incorporation :

18.12.2006

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

--

 

 

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 :

Non Trading

 

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

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

 


REGISTERED NAME & COMPANY SUMMARY

 

Company Name

SCREWFIX LIMITED

Company Number

06030990

Registered Address

TRADE HOUSE

Trading Address

Trade House
Mead Avenue
Houndstone Business Park
Yeovil, Somerset
BA22 8RT

 

MEAD AVENUE

 

 

HOUNDSTONE BUSINESS PARK

 

 

BA22 8RT

 

Website Address

http://www.screwfix.com

 

 

Telephone Number

01935451568

Fax Number

 

TPS

No

FPS

No

Incorporation Date

18/12/2006

Company Status

Non trading

Previous Name

BONDCO 1187 LIMITED

Type

Private limited with Share Capital

Date of Change

25/04/2007

Filing Date of Accounts

06/09/2012

 

 

Share Capital

£1

SIC03

9999

Currency

GBP

SIC03 Description

DORMANT

SIC07

99999

SIC07 Description

DORMANT COMPANY

Principal Activity

The company did not trade during y/e 31.12.11.

 

 

DIRECTORS/MANAGEMENT

 

Total Current Directors

2

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

5

 

Current Directors

Name

Jonathan Mark Mewett

Date of Birth

01/02/1968

Officers Title

Mr

Nationality

British

Present Appointments

25

Function

Director

Appointment Date

29/08/2008

 

 

Address

Trade House, Mead Avenue, Houndstone Business Park, Yeovil, BA22 8RT

Other Actions

View Director Report

View Consumer Report

View Trace Report

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

William Andrew Livingston

Date of Birth

19/03/1967

Officers Title

Mr

Nationality

British

Present Appointments

3

Function

Director

Appointment Date

24/03/2009

 

 

Address

Trade House, Mead Avenue, Houndstone Business Park, Yeovil, BA22 8RT

 

 

NEGATIVE INFORMATION

 

CCJ

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

\csukserver01002INT'L CREDIT REPORT2013.02.002013.02.05CCJDetails.aspx?CompanyNumber=06030990

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

\csukserver01002INT'L CREDIT REPORT2013.02.002013.02.05CCJDetails.aspx?CompanyNumber=06030990

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

\csukserver01002INT'L CREDIT REPORT2013.02.002013.02.05CCJDetails.aspx?CompanyNumber=06030990

Total Number of Writs -

-

 

 

 

Exact CCJ Details

There are no exact CCJ details

 

Possible CCJ Details

There are no possible CCJ details

 

Writ Details

There are no writ details

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Top 20 Shareholders

Name

Currency

Share Value

Share Type

Nominal Value

% of Total Share Count

SCREWFIX DIRECT LTD

GBP

1

ORDINARY

1

100

 

 

PAYMENT INFORMATION

 

Payment Information Summary

Days Beyond Terms

Trend Indicator

                         Average Payment Experience  What are Creditsafe Users saying about this company's payment behavior? This is Information on a target company's payment behaviour supplied directly by Creditsafe companies based on their direct experience of the company.

 

 

12

10

Company DBT

UK Average DBT

Steady

   

Improving Worsening


Within Terms 91+ Days

 

 

\csukserver01002INT'L CREDIT REPORT2013.02.002013.02.05DebtorDetails.aspx?companyNumber=06030990&companyName=Trade Debtors / Bad Debt Summary

Total Number of Documented Trade Debtors / Bad Debt -

17

 

Total Value of Documented Trade Debtors / Bad Debt -

£13,971

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group

84 companies

Linkages

35 companies

Countries

In 11 countries

 

Summary

Holding Company

SCREWFIX DIRECT LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

KINGFISHER PLC

 

 

Financials Information

 

Not Available

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Mortgage Summary

Outstanding

0

Satisfied

0

 

Status History

No Status History found

 


Event History

Date

Description

22/01/2013

Annual Returns

15/09/2012

New Accounts Filed

04/01/2012

Annual Returns

21/09/2011

New Accounts Filed

11/01/2011

Annual Returns

17/09/2010

New Accounts Filed

30/12/2009

Annual Returns

12/10/2009

New Accounts Filed

02/04/2009

Mr J.B. Gill has left the board

02/04/2009

New Board Member Mr W.A. Livingston appointed

11/01/2009

Annual Returns

07/11/2008

New Board Member Mr J.B. Gill appointed

01/10/2008

New Accounts Filed

29/09/2008

Mr J.R. Colley has left the board

29/09/2008

New Board Member Mr J.B. Gill appointed

 

Previous Company Names

 

Date

Previous Name

25/04/2007

BONDCO 1187 LIMITED

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.29

UK Pound

1

Rs.83.96

Euro

1

Rs.71.88

 

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.