|
Report Date : |
28.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
EXPRESS GIFTS
LTD. |
|
|
|
|
Registered Office : |
Church Bridge
House Henry Street Church Accrington, BB5 4EE |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
30.03.2012 |
|
|
|
|
Date of Incorporation : |
16.03.1962 |
|
|
|
|
Com. Reg. No.: |
00718151 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Retail sale via mail order house |
|
|
|
|
No. of Employees : |
1,112 |
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 |
|
Payment Behaviour : |
No Complaints |
|
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
Express Gifts Ltd.
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|
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Business Description
|
Express Gifts Ltd. is one of the leading
direct mail order companies in the United Kingdom. The company offers apparel
in different sizes, colours and shapes for men, women and children. It also
stocks and sells a range of gifts, greeting cards and gadgets of several
brands. The company offers furniture, glasses, and electrical, health, beauty
and household products. It additionally owns, operates and maintains various
automated distribution centres and warehouses. In addition, the company
offers a variety of games and toys for children. |
Industry
|
Industry |
|
|
ANZSIC 2006: |
|
|
NACE 2002: |
|
|
NAICS 2002: |
|
|
UK SIC 2003: |
|
|
UK SIC 2007: |
|
|
US SIC 1987: |
Key Executives
|
Financial
Summary
|
||||||||||||||||||||||
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6267373
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6281078
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Express Gifts Ltd. |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
West Yorkshire |
United Kingdom |
Retail (Catalog and Mail Order) |
858.1 |
2,611 |
|
|
Subsidiary |
Accrington |
United Kingdom |
Retail (Catalog and Mail Order) |
369.9 |
1,112 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Accrington |
United Kingdom |
Business Services |
|
900 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Office Supplies |
|
609 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
N/K |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Newtownabbey |
United Kingdom |
|
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Recreational Activities |
|
500 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
173.0 |
499 |
|
|
Subsidiary |
Enfield |
United Kingdom |
Miscellaneous Capital Goods |
|
350 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Office Supplies |
|
100 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Manchester |
United Kingdom |
Retail (Catalog and Mail Order) |
96.8 |
409 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Apparel) |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
114.4 |
387 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Personal Services |
8.2 |
69 |
|
|
Subsidiary |
London |
United Kingdom |
Retail (Catalog and Mail Order) |
28.1 |
139 |
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
|
130 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
82.4 |
76 |
|
|
Subsidiary |
Kowloon |
Hong Kong |
Personal and Household Products |
|
36 |
|
|
Subsidiary |
Cheadle |
United Kingdom |
Recreational Products |
13.9 |
34 |
|
|
Subsidiary |
Chester |
United Kingdom |
Nonclassifiable Industries |
|
3 |
|
|
UK Branch/Trading address |
West Yorkshire |
United Kingdom |
Retail (Catalog and Mail Order) |
858.1 |
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Business Services |
0.3 |
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wrexham |
United Kingdom |
Nonclassifiable Industries |
|
2 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Accrington |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
|
300 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Department and Discount) |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Specialty) |
|
|
|
|
UK Branch/Trading address |
Guildford |
United Kingdom |
Retail (Specialty) |
|
15 |
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Specialty) |
|
|
|
|
UK Branch/Trading address |
Farnborough |
United Kingdom |
Retail (Specialty) |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
Business Services |
|
|
|
|
UK Branch/Trading address |
Leeds |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
Schools |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Restaurants |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Ripon |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Printing and Publishing |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Hyde |
United Kingdom |
Retail (Grocery) |
|
|
Executives Report
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Return
Date: 19 Jul 2012
Total Issued Capital (GBP 000): 8,885
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
03 Jul 1967 |
2 Gregory St, |
01 Apr 2003 |
NA |
Current:1 |
|
|
|
Current |
26 Jan 1961 |
2 Gregory St, |
15 Sep 2010 |
NA |
Current:97 |
|
|
|
Current |
27 Oct 1959 |
35 Fielding Lane, Oswaldtwistle, |
01 Sep 1995 |
NA |
Current:1 |
|
|
|
Current |
28 Dec 1961 |
23 Baslow Grove, |
31 Mar 1997 |
NA |
Current:6 |
|
|
|
Current |
09 Feb 1963 |
233 Portland Street, |
19 Oct 1998 |
NA |
Current:4 |
|
|
|
Current |
16 Aug 1960 |
Church Bridge House Henry Street, Church, |
19 Jul 1993 |
NA |
Current:122 |
|
|
|
Current |
03 Dec 1958 |
Cornbrook 2 Brindley Road, Old Trafford, |
02 Aug 2010 |
NA |
Current:118 |
|
|
|
Previous |
12 May 1964 |
72 Carr Road, Calverley, |
NA |
31 Aug 2001 |
Current:0 |
|
|
|
Previous |
22 Mar 1949 |
6 Lovage Close, Padgate, |
01 Apr 2000 |
30 Nov 2006 |
Current:3 |
|
|
|
Previous |
29 Dec 1966 |
4 Springfield Road, Gatley, |
01 Apr 2000 |
03 May 2002 |
Current:0 |
|
|
|
Previous |
14 Jul 1949 |
No 6 Factory, Stourport Road, |
24 Jul 2009 |
13 Aug 2010 |
Current:1 |
|
|
|
Previous |
20 Sep 1965 |
Hill Top Farm, Hill Top Lane Skipton Road, |
11 May 2006 |
30 Nov 2009 |
Current:0 |
|
|
|
Previous |
10 Mar 1932 |
Trees House Staupes Road, High Birstwith, |
NA |
07 Feb 1994 |
Current:0 |
|
|
|
Previous |
02 Apr 1946 |
111 Springfield Road, Burton On Trent, |
01 Sep 1995 |
24 Apr 1998 |
Current:0 |
|
|
|
Previous |
12 Sep 1961 |
63 Poppythorn Lane, Prestwich, |
31 Mar 1997 |
30 Apr 1998 |
Current:0 |
|
|
|
Previous |
18 Dec 1954 |
Jacobs Cottage, Halton East, |
31 Mar 1997 |
30 Nov 1998 |
Current:0 |
|
|
|
Previous |
16 Apr 1970 |
Church Bridge House Henry Street, Church, |
01 Jul 2008 |
31 Aug 2010 |
Current:0 |
|
|
|
Previous |
30 Mar 1961 |
Persimmon House, Fulford, |
14 Jun 1993 |
20 Sep 1996 |
Current:290 |
|
|
|
Previous |
01 Apr 1947 |
2 Gregory St, |
20 Nov 1992 |
11 Feb 2011 |
Current:2 |
|
|
|
Previous |
07 Sep 1959 |
2 Gregory Street, |
30 Sep 2005 |
02 Oct 2007 |
Current:0 |
|
|
|
Previous |
30 Jul 1942 |
Church Bridge House Henry Street, Church, |
19 Jul 1991 |
08 Apr 2010 |
Current:4 |
|
|
|
Previous |
27 Jan 1944 |
Cold Knoll Farm, Stanbury, |
19 Jul 1991 |
31 Jul 2007 |
Current:2 |
|
|
|
Previous |
29 Dec 1943 |
Church Bridge House Henry Street, Church, |
31 Dec 1997 |
29 Feb 2012 |
Current:79 |
|
|
|
Previous |
10 Jul 1951 |
Holly House, Heath Top, |
20 Nov 1992 |
07 Feb 1994 |
Current:0 |
|
|
|
Previous |
25 Nov 1948 |
2 Gregory St, |
01 Apr 2003 |
02 Mar 2012 |
Current:0 |
|
|
|
Previous |
03 Nov 1957 |
616 Garstang Road, Barton, |
31 Mar 1997 |
31 Mar 2011 |
Current:1 |
|
|
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Previous |
23 Dec 1940 |
196 Huyton Lane, |
20 Nov 1992 |
31 Mar 1999 |
Current:0 |
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Previous |
18 Jul 1950 |
Bradley Grange, 164 Bradley Road Bradley, |
31 Mar 1997 |
08 Jan 1999 |
Current:0 |
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Corporate Directors |
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There are no corporate directors for this
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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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Current |
NA |
2 Gregory Street, |
15 Dec 2011 |
NA |
Current:1 |
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Previous |
10 Mar 1932 |
Trees House Staupes Road, High Birstwith, |
NA |
07 Oct 1997 |
Current:0 |
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Previous |
29 Dec 1943 |
Church Bridge House Henry Street, Church, |
07 Oct 1997 |
15 Dec 2011 |
Current:79 |
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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 |
|
00549034 |
8884900 Ordinary GBP 1.00 |
Ordinary |
8,884,900 |
1.00 |
8,884,900.00 |
100.00 |
|
|
|
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|
Financials in:
USD (mil) |
|
|
Except for
share items (millions) and per share items (actual units) |
|
|
|
|
|
30-Mar-2012 |
01-Apr-2011 |
02-Apr-2010 |
03-Apr-2009 |
31-Mar-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.626737 |
0.643297 |
0.627675 |
0.594265 |
0.498361 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
369.9 |
- |
352.8 |
386.1 |
512.3 |
|
Turnover (Exports) |
0.0 |
- |
0.0 |
0.0 |
0.0 |
|
Total Turnover |
369.9 |
332.8 |
352.8 |
386.1 |
512.3 |
|
Cost of Sales |
168.1 |
144.0 |
144.6 |
169.1 |
216.3 |
|
Gross Profit |
201.9 |
188.8 |
208.2 |
217.0 |
296.0 |
|
Depreciation |
5.6 |
5.6 |
6.6 |
7.5 |
16.7 |
|
Other Expenses |
171.6 |
173.2 |
180.9 |
184.9 |
214.9 |
|
Operating Profit |
30.3 |
15.6 |
- |
- |
- |
|
Other Income |
1.3 |
0.9 |
0.6 |
0.4 |
1.6 |
|
Interest Paid |
20.2 |
29.2 |
35.6 |
30.8 |
38.4 |
|
Exceptional Income |
0.0 |
0.0 |
-6.0 |
-29.8 |
-8.7 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
11.4 |
-12.7 |
-13.6 |
-28.0 |
35.6 |
|
Tax Payable / Credit |
-3.6 |
-0.9 |
-0.2 |
-7.5 |
10.4 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
15.0 |
-11.8 |
-13.4 |
-20.5 |
25.1 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.2 |
0.1 |
0.1 |
0.2 |
|
Non Audit Fees |
0.0 |
0.9 |
0.2 |
0.2 |
0.2 |
|
Number of Employees |
1,112 |
1,191 |
1,317 |
1,339 |
1,475 |
|
Wages |
27.7 |
26.3 |
28.4 |
32.3 |
39.0 |
|
Social Security Costs |
2.7 |
2.6 |
2.6 |
3.2 |
4.1 |
|
Pensions |
0.2 |
0.0 |
- |
- |
- |
|
Other Pension Costs |
0.8 |
0.7 |
1.4 |
1.5 |
1.3 |
|
Employees Remuneration |
31.1 |
29.7 |
32.4 |
37.0 |
44.4 |
|
Directors Emoluments |
2.2 |
2.3 |
- |
- |
- |
|
Other Costs |
0.1 |
0.3 |
- |
- |
- |
|
Directors Remuneration |
2.5 |
2.6 |
1.8 |
2.3 |
2.5 |
|
Highest Paid Director |
0.6 |
0.5 |
0.4 |
0.5 |
0.6 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
30-Mar-2012 |
01-Apr-2011 |
02-Apr-2010 |
03-Apr-2009 |
31-Mar-2008 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.628108 |
0.623791 |
0.654343 |
0.675447 |
0.503145 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Plant & Vehicles |
16.9 |
18.5 |
21.5 |
25.7 |
54.5 |
|
Total Tangible Fixed Assets |
16.9 |
18.5 |
21.5 |
25.7 |
54.5 |
|
Intangible Assets |
1.4 |
1.5 |
1.5 |
1.5 |
1.5 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
18.2 |
19.9 |
22.9 |
27.2 |
56.1 |
|
Stocks |
46.4 |
54.4 |
49.5 |
52.5 |
99.2 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
46.4 |
54.4 |
49.5 |
52.5 |
99.2 |
|
Trade Debtors |
264.3 |
249.1 |
238.4 |
236.4 |
177.4 |
|
Inter-Company Debtors |
7.7 |
25.7 |
32.6 |
45.7 |
49.0 |
|
Director Loans |
- |
- |
0.0 |
0.0 |
0.0 |
|
Other Debtors |
40.1 |
17.6 |
13.9 |
15.9 |
19.1 |
|
Total Debtors |
312.1 |
292.3 |
284.8 |
298.0 |
245.5 |
|
Cash and Equivalents |
33.4 |
21.6 |
26.0 |
10.0 |
7.6 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
391.9 |
368.3 |
360.4 |
360.5 |
352.3 |
|
Total Assets |
410.1 |
388.2 |
383.3 |
387.7 |
408.4 |
|
Trade Creditors |
25.9 |
24.2 |
26.3 |
33.4 |
39.8 |
|
Bank Overdraft |
0.0 |
0.0 |
0.0 |
15.8 |
37.3 |
|
Inter-Company Creditors |
150.5 |
151.3 |
143.4 |
173.1 |
226.6 |
|
Director Loans (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Finance Lease (Current Liability) |
0.0 |
0.0 |
0.5 |
0.9 |
1.1 |
|
Total Finance Lease/Hire Purchase (Current
Liability) |
0.0 |
0.0 |
0.5 |
0.9 |
1.1 |
|
Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Current
Liability) |
6.2 |
9.5 |
5.7 |
4.4 |
15.7 |
|
Social Security/VAT |
3.1 |
1.0 |
2.0 |
1.1 |
4.3 |
|
Corporation Tax |
0.0 |
0.0 |
0.0 |
0.0 |
10.2 |
|
Dividends (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
0.0 |
0.0 |
143.9 |
135.6 |
0.0 |
|
Total Current Liabilities |
185.7 |
186.1 |
321.7 |
364.3 |
334.9 |
|
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) |
157.4 |
149.7 |
0.0 |
0.4 |
0.9 |
|
Total Hire Purchase Loans (Long Term
Liability) |
157.4 |
149.7 |
0.0 |
0.4 |
0.9 |
|
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 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
157.4 |
149.7 |
0.0 |
0.4 |
0.9 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.7 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.7 |
|
Issued Capital |
14.1 |
14.2 |
13.6 |
0.2 |
0.3 |
|
Share Premium Accounts |
41.8 |
42.1 |
40.1 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
11.1 |
-3.9 |
7.9 |
22.9 |
71.6 |
|
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 |
67.1 |
52.5 |
61.6 |
23.1 |
71.9 |
|
Net Worth |
65.7 |
51.0 |
60.1 |
21.6 |
70.3 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
30-Mar-2012 |
01-Apr-2011 |
02-Apr-2010 |
03-Apr-2009 |
31-Mar-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.626737 |
0.643297 |
0.627675 |
0.594265 |
0.498361 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in: USD (mil) |
|
|
|
|
|
30-Mar-2012 |
01-Apr-2011 |
02-Apr-2010 |
03-Apr-2009 |
31-Mar-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
53 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.628108 |
0.623791 |
0.654343 |
0.675447 |
0.503145 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
2.11 |
1.98 |
1.12 |
0.99 |
1.05 |
|
Liquidity Ratio |
1.86 |
1.69 |
0.97 |
0.85 |
0.76 |
|
Stock Turnover |
7.96 |
6.31 |
6.84 |
6.35 |
5.11 |
|
Credit Period (Days) |
261.37 |
264.84 |
257.15 |
258.89 |
127.63 |
|
Working Capital by Sales |
55.86% |
53.09% |
11.43% |
-1.13% |
3.43% |
|
Trade Credit by Debtors |
0.10 |
0.10 |
0.11 |
0.14 |
0.22 |
|
Return on Capital |
5.07% |
-6.50% |
-21.23% |
-103.36% |
47.92% |
|
Return on Assets |
2.77% |
-3.39% |
-3.41% |
-6.24% |
8.62% |
|
Profit Margin |
3.08% |
-3.83% |
-3.87% |
-7.26% |
6.94% |
|
Return on Shareholders Funds |
16.95% |
-25.06% |
-21.23% |
-104.94% |
49.00% |
|
Borrowing Ratio |
468.37% |
590.26% |
239.31% |
882.13% |
378.10% |
|
Equity Gearing |
16.36% |
13.51% |
16.07% |
5.95% |
17.60% |
|
Debt Gearing |
239.41% |
293.54% |
0.00% |
1.63% |
1.33% |
|
Interest Coverage |
0.57 |
-0.44 |
-0.38 |
-0.91 |
0.93 |
|
Sales by Tangible Assets |
21.85 |
18.58 |
15.76 |
12.99 |
9.30 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.3 |
0.3 |
0.3 |
0.2 |
0.3 |
|
Capital Employed per Employee |
0.2 |
0.2 |
0.0 |
0.0 |
0.0 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.4 |
0.3 |
0.3 |
0.3 |
0.3 |
|
Employee Remuneration by Sales |
8.41% |
8.92% |
9.18% |
9.58% |
8.66% |
|
Creditor Days (Cost of Sales Based) |
56.39 |
59.55 |
69.15 |
83.58 |
67.86 |
|
Creditor Days (Sales Based) |
25.62 |
25.76 |
28.34 |
36.60 |
28.65 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.83 |
|
|
1 |
Rs.81.24 |
|
Euro |
1 |
Rs.70.38 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.