MIRA INFORM REPORT

 

 

Report Date :

12.03.2013

 

IDENTIFICATION DETAILS

 

Name :

NEXT RETAIL LTD.

 

 

Registered Office :

Desford Road, Enderby, Leicester, LE19 4AT

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

28.01.2012

 

 

Date of Incorporation :

29.08.2002

 

 

Com. Reg. No.:

04521150

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

chain of retail stores

 

 

No. of Employees :

43,469 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

Status :

Good

Payment Behaviour :

Regular

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 – 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 & address 

 

Next Retail Ltd.

Desford Road

Enderby

Leicester, LE19 4AT

United Kingdom

Tel:       0844 844 8444

Web:    www.next.co.uk

 

 

Synthesis

           

Employees:                  43,469

Company Type:            Private Subsidiary

Corporate Family:          265 Companies

Ultimate Parent:             NEXT plc

Quoted Status:             Non-quoted Company

Incorporation Date:         29-Aug-2002

Auditor:                        Ernst & Young LLP       

Financials in:                 USD (Millions)

Fiscal Year End:            28-Jan-2012

Reporting Currency:       British Pound Sterling

Annual Sales:               5,360.0  1

Net Income:                   537.7

Total Assets:                6,126.9

 

 

Business Description     

 

Established in 1982, Next Retail Ltd. owns and maintains a chain of retail stores in the United Kingdom. The company supplies women’s clothing, including skirts, printed tops, jackets and jeans. It also stocks and sells children’s clothing in different colours, sizes and designs. The company offers a range of casual trousers, knitted shirts, pants, waistcoats, jackets, T-shirts and undergarments for men. It additionally provides footwear, including shoes and boots. The company offers numerous boxer shorts, skirts and dresses in different fabrics. In addition, it provides swimwear, knitwear and nightwear.

 

Industry             

Industry            Retail (Apparel)

ANZSIC 2006:    4251 - Clothing Retailing

NACE 2002:      5242 - Retail sale of clothing

NAICS 2002:     4481 - Clothing Stores

UK SIC 2003:    5242 - Retail sale of clothing

UK SIC 2007:    4771 - Retail sale of clothing in specialised stores

US SIC 1987:    5651 - Family Clothing Stores

 

 

 Key Executives  

             

 

Name

Title

Andy Latham

Group Health & Safety Manager

David W Keens

Group Finance Director and Executive Director

Andrew John Robert Mckinlay

Secretary

Rakesh Patel

Senior Network Engineer

Anna Jenkins

Senior Assistant Buyer

 

 

News

             

 

Title

Date

First Resource Bank Acquires Future Branch Location
PR Newswire US (489 Words)

22-Aug-2012

Wedding Bloggers: Style Your Dream Wedding and You Could Win GBP 500 Next Vouchers
Market Wire (720 Words)

13-Aug-2012

It's a shop-within-a-shop solution: Artists team up to sell their wares from shared space
Saint Paul Pioneer Press (MN) (594 Words)

30-Jul-2012

Customer Loyalty Expert Amanda Raines Tells Retailers How to Optimize Social Media on New Podcast on What's Next Retail
PR Web (423 Words)

25-Jul-2012

Retail Loyalty Expert David Weiner Says on Podcast that Retailers Can Get Much More Return on Investment from their Business Systems with a Very Small Increase in Effort
PR Web (386 Words)

20-Jul-2012

 

 

Financial Summary

             

 

FYE: 28-Jan-2012

USD (mil)

Key Figures

 

Current Assets

1,649.38

Fixed Assets

4,477.51

Total Liabilities

4,062.43

Net Worth

-1,865.84

 

Key Ratios

 

Current Ratio

0.41

Acid Test

0.26

 

 

 

 

 

Registered No.(UK):     04521150

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6246515

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6365305

 

 

Corporate Overview

 

Location

Desford Road

Enderby

Leicester, LE19 4AT

Leicestershire County

United Kingdom

Tel:       0844 844 8444

Web:    www.next.co.uk

           

Sales GBP(mil):             3,348.1

Assets GBP(mil):           3,900.0

Employees:                   43,469

Fiscal Year End:            28-Jan-2012

Industry:                        Retail (Apparel)

Incorporation Date:         29-Aug-2002

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(UK):       04521150

Chairman:                     John Barton

 

Contents

Industry Codes

Business Description

Financial Data

Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

4251     -          Clothing Retailing

4310     -          Non-Store Retailing

4279     -          Other Store-Based Retailing Not Elsewhere Classified

 

NACE 2002 Codes:

5242     -          Retail sale of clothing

5248     -          Other retail sale in specialised stores

5243     -          Retail sale of footwear and leather goods

5261     -          Retail sale via mail order house

 

NAICS 2002 Codes:

4481     -          Clothing Stores

454113  -          Mail-Order Houses

453       -          Miscellaneous Store Retailers

448       -          Clothing and Clothing Accessories Stores

 

US SIC 1987:

5651     -          Family Clothing Stores

5961     -          Catalog and Mail-order Houses

59         -          Miscellaneous Retail

599       -          Retail Stores, Not Elsewhere Classified

 

UK SIC 2003:

5242     -          Retail sale of clothing

5248     -          Other retail sale in specialised stores

5243     -          Retail sale of footwear and leather goods

5261     -          Retail sale via mail order house

 

UK SIC 2007:

4771     -          Retail sale of clothing in specialised stores

4791     -          Retail sale via mail order houses or via Internet

4772     -          Retail sale of footwear and leather goods in specialised stores

477       -          Retail sale of other goods in specialised stores

 

Business Description

Established in 1982, Next Retail Ltd. owns and maintains a chain of retail stores in the United Kingdom. The company supplies women’s clothing, including skirts, printed tops, jackets and jeans. It also stocks and sells children’s clothing in different colours, sizes and designs. The company offers a range of casual trousers, knitted shirts, pants, waistcoats, jackets, T-shirts and undergarments for men. It additionally provides footwear, including shoes and boots. The company offers numerous boxer shorts, skirts and dresses in different fabrics. In addition, it provides swimwear, knitwear and nightwear.

 

Financial Data

Financials in:

GBP(mil)

 

Revenue:

3,348.1

Net Income:

335.8

Assets:

3,900.0

Current Assets:

1,049.9

 

Fixed Assets:

2,850.1

 

Long Term Debt:

5.4

 

Total Liabilities:

2,591.3

 

Issued Capital:

0.0

 

Working Capital:

-1,536.0

 

Net Worth:

-1,187.7

 

 

 

Date of Financial Data:

28-Jan-2012

 

1 Year Growth

4.1%

NA

29.8%

Key Corporate Relationships

Auditor:

Ernst & Young LLP

Bank:

Barclays Bank PLC

 

Auditor:

Ernst & Young LLP

 

 

 

GBP(mil)

Audit Fees:

0.2

Audit Fiscal Year:

01-28-2012

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

NEXT plc
Next Retail Ltd.

Next Retail Ltd. 
Total Corporate Family Members: 265 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

NEXT plc

Parent

Leicester

United Kingdom

Retail (Apparel)

5,529.0

28,685

Lipsy Ltd.

Subsidiary

London

United Kingdom

Apparel and Accessories

93.5

432

Lipsy Stores Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Next Group PLC

Subsidiary

Leicester

United Kingdom

Business Services

312.2

51

Next Retail Ltd.

Subsidiary

Leicester

United Kingdom

Retail (Apparel)

5,360.0

43,469

Next Retail Limited

Subsidiary

Dublin

Ireland

Retail (Apparel)

6,222.2

42,977

Next Retail Ltd.

UK Branch/Trading address

Birmingham

United Kingdom

Retail (Apparel)

5,360.0

316

Next Retail Ltd.

UK Branch/Trading address

St Albans

United Kingdom

Retail (Apparel)

5,360.0

300

Next Retail Ltd.

UK Branch/Trading address

Cardiff

United Kingdom

Retail (Apparel)

5,360.0

300

Next Retail Plc

UK Branch/Trading address

Brierley Hill

United Kingdom

Retail (Apparel)

5,360.0

275

Next Retail Ltd.

UK Branch/Trading address

Canterbury

United Kingdom

Retail (Apparel)

5,360.0

200

Next Retail Ltd.

UK Branch/Trading address

Bromley

United Kingdom

Retail (Apparel)

5,360.0

200

Next Retail Ltd.

UK Branch/Trading address

Bournemouth

United Kingdom

Retail (Apparel)

5,360.0

200

Next Retail Plc

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

5,360.0

200

Next Retail Ltd.

UK Branch/Trading address

Batley

United Kingdom

Retail (Apparel)

5,360.0

200

Next Retail Ltd.

UK Branch/Trading address

Bristol

United Kingdom

Retail (Apparel)

5,360.0

200

Next Retail Plc

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

180

Next Retail Ltd.

UK Branch/Trading address

Milton Keynes

United Kingdom

Retail (Apparel)

5,360.0

180

Next Retail Plc

UK Branch/Trading address

Southampton

United Kingdom

Retail (Apparel)

5,360.0

180

Next Retail Ltd.

UK Branch/Trading address

Plymouth

United Kingdom

Retail (Apparel)

5,360.0

165

Next Retail Ltd.

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Apparel)

5,360.0

160

Next Retail Ltd.

UK Branch/Trading address

Tamworth

United Kingdom

Retail (Apparel)

5,360.0

150

Next Retail Ltd.

UK Branch/Trading address

Cheltenham

United Kingdom

Retail (Apparel)

5,360.0

150

Next Retail Ltd.

UK Branch/Trading address

Nottingham

United Kingdom

Retail (Apparel)

5,360.0

150

Next Retail Ltd.

UK Branch/Trading address

Bradford

United Kingdom

Retail (Apparel)

5,360.0

150

Next Retail Ltd.

UK Branch/Trading address

Derby

United Kingdom

Retail (Apparel)

5,360.0

140

Next Retail Ltd.

UK Branch/Trading address

Chelmsford

United Kingdom

Retail (Apparel)

5,360.0

135

Next Retail Ltd.

UK Branch/Trading address

Cambridge

United Kingdom

Retail (Apparel)

5,360.0

130

Next Retail Ltd.

UK Branch/Trading address

Reading

United Kingdom

Retail (Apparel)

5,360.0

130

Next Retail Ltd.

UK Branch/Trading address

Watford

United Kingdom

Retail (Apparel)

5,360.0

130

Next Retail Ltd.

UK Branch/Trading address

Ballymena

United Kingdom

Retail (Apparel)

5,360.0

125

Next Retail Ltd.

UK Branch/Trading address

Pontyclun

United Kingdom

Retail (Apparel)

5,360.0

124

Next Retail Ltd.

UK Branch/Trading address

Stockton-On-Tees

United Kingdom

Retail (Apparel)

5,360.0

120

Next Retail Ltd.

UK Branch/Trading address

Preston

United Kingdom

Retail (Apparel)

5,360.0

120

Next Retail Ltd.

UK Branch/Trading address

Preston

United Kingdom

Retail (Apparel)

5,360.0

120

Next Retail Ltd.

UK Branch/Trading address

Peterborough

United Kingdom

Retail (Apparel)

5,360.0

120

Next Retail Ltd.

UK Branch/Trading address

Newtownabbey

United Kingdom

Retail (Apparel)

5,360.0

120

Next Retail Ltd.

UK Branch/Trading address

Wolverhampton

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Ashton-Under-Lyne

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Coventry

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Chester

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Manchester

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Bristol

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Newtownards

United Kingdom

Retail (Apparel)

5,360.0

100

Lipsy

UK Branch/Trading address

Leicester

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Brighton

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Basingstoke

United Kingdom

Retail (Apparel)

5,360.0

100

Next Retail Ltd.

UK Branch/Trading address

Inverness

United Kingdom

Retail (Apparel)

5,360.0

90

Next Retail Ltd.

UK Branch/Trading address

Bolton

United Kingdom

Retail (Apparel)

5,360.0

86

Next Retail Ltd.

UK Branch/Trading address

Newry

United Kingdom

Retail (Apparel)

5,360.0

85

Next Retail Ltd.

UK Branch/Trading address

Brighton

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Plc

UK Branch/Trading address

Chesterfield

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Croydon

United Kingdom

Retail (Apparel)

5,360.0

80

Next Clearance

UK Branch/Trading address

Nottingham

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Huddersfield

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Greenford

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Sheffield

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Swansea

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Oldbury

United Kingdom

Retail (Apparel)

5,360.0

80

Next Retail Ltd.

UK Branch/Trading address

Norwich

United Kingdom

Retail (Apparel)

5,360.0

75

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

75

Next Retail Ltd.

UK Branch/Trading address

Oxford

United Kingdom

Retail (Apparel)

5,360.0

75

Next Retail

UK Branch/Trading address

Kingston Upon Thames

United Kingdom

Retail (Grocery)

5,360.0

75

Next Retail Ltd.

UK Branch/Trading address

Enfield

United Kingdom

Retail (Apparel)

5,360.0

75

Next Retail Ltd.

UK Branch/Trading address

Colchester

United Kingdom

Retail (Apparel)

5,360.0

75

Next Retail Ltd.

UK Branch/Trading address

Nottingham

United Kingdom

Retail (Apparel)

5,360.0

74

Next Retail Ltd.

UK Branch/Trading address

High Wycombe

United Kingdom

Retail (Apparel)

5,360.0

74

Next Retail Ltd.

UK Branch/Trading address

Hereford

United Kingdom

Retail (Apparel)

5,360.0

71

Next Retail Ltd.

UK Branch/Trading address

Swansea

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Londonderry

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Stratford-Upon-Avon

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Mansfield

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Ilford

United Kingdom

Retail (Apparel)

5,360.0

70

Next Clearance

UK Branch/Trading address

Derby

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Shrewsbury

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Kidderminster

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Ellesmere Port

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Bolton

United Kingdom

Retail (Apparel)

5,360.0

70

Next Retail Ltd.

UK Branch/Trading address

Hartlepool

United Kingdom

Retail (Apparel)

5,360.0

70

Next Clearance

UK Branch/Trading address

Castleford

United Kingdom

Retail (Apparel)

5,360.0

69

Next Retail Ltd.

UK Branch/Trading address

Broadstairs

United Kingdom

Retail (Apparel)

5,360.0

66

Next Retail Ltd.

UK Branch/Trading address

Solihull

United Kingdom

Retail (Apparel)

5,360.0

65

Next Retail Ltd.

UK Branch/Trading address

Telford

United Kingdom

Retail (Apparel)

5,360.0

65

Next Retail Ltd.

UK Branch/Trading address

St Helens

United Kingdom

Retail (Apparel)

5,360.0

65

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

65

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

65

Next Retail Ltd.

UK Branch/Trading address

Uxbridge

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Northampton

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Eastbourne

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Burton-On-Trent

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Sutton Coldfield

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Jersey

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Aylesbury

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Malvern

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Harrow

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Stockport

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Ipswich

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Redditch

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Dundee

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Shrewsbury

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Ltd.

UK Branch/Trading address

Rotherham

United Kingdom

Retail (Apparel)

5,360.0

60

Next Retail Plc

UK Branch/Trading address

Carmarthen

United Kingdom

Retail (Apparel)

5,360.0

55

Next Retail Ltd.

UK Branch/Trading address

Taunton

United Kingdom

Retail (Apparel)

5,360.0

55

Next Retail Ltd.

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Apparel)

5,360.0

55

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

50

Next Clearance

UK Branch/Trading address

Liverpool

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Welwyn Garden City

United Kingdom

Retail (Apparel)

5,360.0

50

Next Clearance

UK Branch/Trading address

West Bromwich

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Woking

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Epsom

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Borehamwood

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Hitchin

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Hayle

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Poole

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Banbury

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Edinburgh

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Plc

UK Branch/Trading address

Lancaster

United Kingdom

Retail (Apparel)

5,360.0

50

Next Retail Ltd.

UK Branch/Trading address

Horsham

United Kingdom

Retail (Apparel)

5,360.0

46

Next Retail Ltd.

UK Branch/Trading address

Maidenhead

United Kingdom

Retail (Apparel)

5,360.0

44

Next Retail Ltd.

UK Branch/Trading address

Carlisle

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

Burnley

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

Leamington Spa

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Plc

UK Branch/Trading address

Slough

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Plc

UK Branch/Trading address

Guernsey

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Plc

UK Branch/Trading address

Newbury

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

Walton-On-Thames

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

40

Next Clearance

UK Branch/Trading address

Leicester

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

Sutton Coldfield

United Kingdom

Retail (Apparel)

5,360.0

40

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

35

Next Retail Ltd.

UK Branch/Trading address

Bedford

United Kingdom

Retail (Apparel)

5,360.0

35

Next Clearance

UK Branch/Trading address

Craigavon

United Kingdom

Retail (Apparel)

5,360.0

35

Next Retail Ltd.

UK Branch/Trading address

Haywards Heath

United Kingdom

Retail (Apparel)

5,360.0

35

Next Retail Ltd.

UK Branch/Trading address

Swindon

United Kingdom

Retail (Apparel)

5,360.0

35

Next Retail Ltd.

UK Branch/Trading address

Aberdeen

United Kingdom

Retail (Apparel)

5,360.0

34

Next Retail Ltd.

UK Branch/Trading address

Chichester

United Kingdom

Retail (Apparel)

5,360.0

34

Next Retail Ltd.

UK Branch/Trading address

Coleraine

United Kingdom

Retail (Apparel)

5,360.0

33

Next Clearance

UK Branch/Trading address

Swindon

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Huntingdon

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Neath

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Aldershot

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Wolverhampton

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Plc

UK Branch/Trading address

Newark

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Kendal

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Kirkcaldy

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Skipton

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Newcastle

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Plc

UK Branch/Trading address

Stevenage

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

Dumfries

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Plc

UK Branch/Trading address

Bury

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

30

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

26

Next Retail Ltd.

UK Branch/Trading address

Eastleigh

United Kingdom

Retail (Apparel)

5,360.0

25

Next Retail Ltd.

UK Branch/Trading address

Loanhead

United Kingdom

Retail (Apparel)

5,360.0

25

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

25

Next Retail Ltd.

UK Branch/Trading address

Weymouth

United Kingdom

Retail (Apparel)

5,360.0

25

Next Retail Ltd.

UK Branch/Trading address

King's Lynn

United Kingdom

Retail (Apparel)

5,360.0

25

Next

UK Branch/Trading address

Barnsley

United Kingdom

Retail (Apparel)

5,360.0

25

Next Retail Ltd.

UK Branch/Trading address

Leatherhead

United Kingdom

Retail (Apparel)

5,360.0

22

Next Retail Ltd.

UK Branch/Trading address

Southport

United Kingdom

Retail (Apparel)

5,360.0

20

Next Clearance

UK Branch/Trading address

Clydebank

United Kingdom

Retail (Apparel)

5,360.0

20

Next Retail Ltd.

UK Branch/Trading address

Sheffield

United Kingdom

Retail (Apparel)

5,360.0

20

Next Retail Ltd.

UK Branch/Trading address

Guildford

United Kingdom

Retail (Apparel)

5,360.0

20

Next Retail Ltd.

UK Branch/Trading address

Ashton-Under-Lyne

United Kingdom

Retail (Apparel)

5,360.0

20

Next Retail Ltd.

UK Branch/Trading address

Kirkcaldy

United Kingdom

Retail (Apparel)

5,360.0

17

Next Retail Ltd.

UK Branch/Trading address

Epping

United Kingdom

Retail (Apparel)

5,360.0

17

Next Retail Plc

UK Branch/Trading address

Wigan

United Kingdom

Retail (Apparel)

5,360.0

16

Next Retail Ltd.

UK Branch/Trading address

Oldham

United Kingdom

Retail (Apparel)

5,360.0

15

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

15

Next Retail Ltd.

UK Branch/Trading address

Dunfermline

United Kingdom

Retail (Apparel)

5,360.0

15

Next Retail Ltd.

UK Branch/Trading address

Rhyl

United Kingdom

Retail (Apparel)

5,360.0

13

Next Retail Ltd.

UK Branch/Trading address

Bath

United Kingdom

Retail (Apparel)

5,360.0

10

Next Retail Ltd.

UK Branch/Trading address

Buxton

United Kingdom

Retail (Apparel)

5,360.0

10

Next Retail Ltd.

UK Branch/Trading address

Lincoln

United Kingdom

Retail (Apparel)

5,360.0

10

Next Clearance

UK Branch/Trading address

Antrim

United Kingdom

Retail (Apparel)

5,360.0

7

Next Retail Ltd.

UK Branch/Trading address

Bexleyheath

United Kingdom

Retail (Apparel)

5,360.0

3

Next Clearance

UK Branch/Trading address

Livingston

United Kingdom

Retail (Apparel)

5,360.0

3

Next Retail Ltd.

UK Branch/Trading address

Keighley

United Kingdom

Retail (Apparel)

5,360.0

3

Next Retail Plc

UK Branch/Trading address

Kingston Upon Thames

United Kingdom

Retail (Apparel)

5,360.0

1

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

5,360.0

1

Next Retail Ltd.

UK Branch/Trading address

Halifax

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Stoke-On-Trent

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Scunthorpe

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Exeter

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Norwich

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Belfast

United Kingdom

Retail (Apparel)

5,360.0

 

Next Retail Ltd.

UK Branch/Trading address

Cwmbran

United Kingdom

Retail (Apparel)

5,360.0

 

Next Distribution Ltd.

Subsidiary

Leicester

United Kingdom

Miscellaneous Transportation

568.8

4,786

The Next Directory Ltd.

Subsidiary

Leicester

United Kingdom

Investment Services

 

 

Next Directory

UK Branch/Trading address

Leicester

United Kingdom

Retail (Catalog and Mail Order)

 

916

Next Brand Ltd.

Subsidiary

Leicester

United Kingdom

Commercial Banks

 

 

Next Properties Ltd

Subsidiary

Leicester

United Kingdom

Investment Services

 

 

V. C. S. M. Ltd.

Subsidiary

Leicester

United Kingdom

Investment Services

 

 

Nylofurs Ltd.

Subsidiary

Leicester

United Kingdom

 

 

 

Pdrs Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

Next Financial Services Ltd.

Subsidiary

Leicester

United Kingdom

Commercial Banks

 

 

Next Sourcing (Uk) Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Brecon Debt Recovery Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

Agratech Ltd.

Subsidiary

Leicester

United Kingdom

Business Services

 

 

Paige Group Ltd. (The)

Subsidiary

Leicester

United Kingdom

Real Estate Operations

 

 

Ventura Group Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Next Pension Trustees Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Ventura Network Distribution Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Lime Clothing Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Lime Retail Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Next

UK Branch/Trading address

Hull

United Kingdom

Retail (Apparel)

5,529.0

 

Ventura (Uk) India Ltd.

Subsidiary

London

United Kingdom

Commercial Banks

 

 

Next Near East Ltd.

Subsidiary

Leicester

United Kingdom

Nonclassifiable Industries

 

 

Next Retail Ltd.

UK Branch/Trading address

Grays

United Kingdom

Retail (Apparel)

 

349

Next Retail Ltd.

UK Branch/Trading address

Liverpool

United Kingdom

Retail (Apparel)

 

275

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

 

200

Next Retail Ltd.

UK Branch/Trading address

Warrington

United Kingdom

Retail (Apparel)

 

150

Next Retail Plc

UK Branch/Trading address

Waltham Cross

United Kingdom

Retail (Apparel)

 

130

Next Retail Ltd.

UK Branch/Trading address

Liverpool

United Kingdom

Retail (Apparel)

 

125

Next Retail Ltd.

UK Branch/Trading address

Romford

United Kingdom

Retail (Apparel)

 

125

Next Retail Ltd.

UK Branch/Trading address

Harrogate

United Kingdom

Retail (Apparel)

 

90

Next Retail Ltd.

UK Branch/Trading address

Walsall

United Kingdom

Retail (Apparel)

 

90

Next Retail Ltd.

UK Branch/Trading address

York

United Kingdom

Retail (Apparel)

 

90

Next Retail Ltd.

UK Branch/Trading address

Sunderland

United Kingdom

Retail (Apparel)

 

90

Next Retail Ltd.

UK Branch/Trading address

Birmingham

United Kingdom

Retail (Apparel)

 

81

Next Retail Ltd.

UK Branch/Trading address

Bournemouth

United Kingdom

Retail (Apparel)

 

80

Next Retail Ltd.

UK Branch/Trading address

Inverness

United Kingdom

Retail (Apparel)

 

80

Next Retail Ltd.

UK Branch/Trading address

Chester

United Kingdom

Retail (Apparel)

 

72

Next Retail Ltd.

UK Branch/Trading address

Coventry

United Kingdom

Retail (Apparel)

 

60

Next Retail Ltd.

UK Branch/Trading address

Birkenhead

United Kingdom

Retail (Apparel)

 

59

Next Retail Ltd.

UK Branch/Trading address

Windsor

United Kingdom

Retail (Apparel)

 

58

Next Retail Ltd.

UK Branch/Trading address

Peterborough

United Kingdom

Retail (Apparel)

 

55

Next Retail Ltd.

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Apparel)

 

55

Next Retail Ltd.

UK Branch/Trading address

Belfast

United Kingdom

Retail (Apparel)

 

55

Next Retail Ltd.

UK Branch/Trading address

Grimsby

United Kingdom

Retail (Apparel)

 

50

Next Retail Ltd.

UK Branch/Trading address

Worthing

United Kingdom

Retail (Apparel)

 

50

Next Retail Ltd.

UK Branch/Trading address

Edinburgh

United Kingdom

Retail (Apparel)

 

50

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

 

49

Next Retail Ltd.

UK Branch/Trading address

Stafford

United Kingdom

Retail (Apparel)

 

45

Next Retail Ltd.

UK Branch/Trading address

Durham

United Kingdom

Retail (Apparel)

 

45

Next Retail Ltd.

UK Branch/Trading address

Bolton

United Kingdom

Retail (Apparel)

 

44

Next Retail Ltd.

UK Branch/Trading address

Falkirk

United Kingdom

Retail (Apparel)

 

41

Next Retail Ltd.

UK Branch/Trading address

Maidstone

United Kingdom

Retail (Apparel)

 

40

Next Retail Ltd.

UK Branch/Trading address

Barnstaple

United Kingdom

Retail (Apparel)

 

40

Next Retail Ltd.

UK Branch/Trading address

Swansea

United Kingdom

Retail (Apparel)

 

40

Next Retail Ltd.

UK Branch/Trading address

Stratford-Upon-Avon

United Kingdom

Retail (Apparel)

 

35

Next Retail Ltd.

UK Branch/Trading address

Macclesfield

United Kingdom

Retail (Apparel)

 

32

Next Retail Ltd.

UK Branch/Trading address

Salisbury

United Kingdom

Retail (Apparel)

 

30

Next Retail Ltd.

UK Branch/Trading address

Perth

United Kingdom

Retail (Apparel)

 

30

Next Retail Ltd.

UK Branch/Trading address

Gatwick

United Kingdom

Retail (Apparel)

 

30

Next Retail Ltd.

UK Branch/Trading address

Southport

United Kingdom

Retail (Apparel)

 

30

Next

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

 

25

Next Retail Ltd.

UK Branch/Trading address

Weston-Super-Mare

United Kingdom

Retail (Apparel)

 

23

Next Retail Ltd.

UK Branch/Trading address

Dunstable

United Kingdom

Retail (Apparel)

 

20

Next Retail Ltd.

UK Branch/Trading address

Dorchester

United Kingdom

Retail (Apparel)

 

20

Next Retail Ltd

UK Branch/Trading address

Woking

United Kingdom

Nonclassifiable Industries

 

20

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

 

19

Next Retail Ltd.

UK Branch/Trading address

Fleet

United Kingdom

Retail (Apparel)

 

15

Next Retail Ltd.

UK Branch/Trading address

Preston

United Kingdom

Retail (Apparel)

 

15

Next Retail Ltd

UK Branch/Trading address

Yeovil

United Kingdom

Nonclassifiable Industries

 

9

Next Retail Ltd.

UK Branch/Trading address

London

United Kingdom

Retail (Apparel)

 

4

Next Retail Ltd.

UK Branch/Trading address

Tunbridge Wells

United Kingdom

Retail (Apparel)

 

3

Next Retail Ltd.

UK Branch/Trading address

Luton

United Kingdom

Retail (Apparel)

 

 

Next Retail Ltd.

UK Branch/Trading address

Middlesbrough

United Kingdom

Retail (Apparel)

 

 

Next Retail Ltd.

UK Branch/Trading address

Greenhithe

United Kingdom

Retail (Apparel)

 

 

Next Retail Ltd.

UK Branch/Trading address

Croydon

United Kingdom

Retail (Apparel)

 

 

Next Clearance

UK Branch/Trading address

Ellesmere Port

United Kingdom

Retail (Apparel)

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

John Barton

 

Chairman

Chairman

 

Education:

Strathclyde University, MBA 

 

Christos Angelides

 

Group Product Director and Executive Director

Director/Board Member

 

 

Christine Cross

 

Independent Non-Executive Director

Director/Board Member

 

 

Jonathan Dawson

 

Senior Independent Non-Executive Director

Director/Board Member

 

 

David W Keens

 

Group Finance Director and Executive Director

Director/Board Member

 

 

Age: 59

 

Simon Adam Lord Wolfson Of Aspley Guise

 

Director

Director/Board Member

 

 

Age: 44

 

Andrew John Robert Mckinlay

 

Secretary

Director/Board Member

 

 

Age: 54

 

Andrew John Varley

 

Group Property Director and Executive Director

Director/Board Member

 

 

Age: 61

 

Simon Adam Wolfson

 

Executive Director

Director/Board Member

 

 

 

 

Executives

 

Name

Title

Function

 

David W Keens

 

Group Finance Director and Executive Director

Division Head Executive

 

Age: 59

 

Andy Latham

 

Group Health & Safety Manager

Division Head Executive

 

 

Social: 

Andrew John Robert Mckinlay

 

Secretary

Division Head Executive

 

 

Age: 54

 

Simon Adam Wolfson

 

Executive Director

Division Head Executive

 

 

John Stevenson

 

Group Pensions Manager

Benefits & Compensation Executive

 

 

Gary Ward

 

Remuneration & Benefits Officer

Benefits & Compensation Executive

 

 

Julie De Groot

 

HR Director

Human Resources Executive

 

 

Martin Owen

 

HR Manager

Human Resources Executive

 

 

Adrian Sheward

 

Service Delivery Manager

Customer Service Executive

 

 

Cathy Snowball

 

I.T. Director

Information Executive

 

 

Rakesh Patel

 

Senior Network Engineer

Network Management Executive

 

 

Kevin Montgomery

 

Head of Technical Services

Engineering/Technical Executive

 

 

Christos Angelides

 

Group Product Director and Executive Director

Product Management Executive

 

 

Anna Jenkins

 

Senior Assistant Buyer

Merchandise Management Executive

 

 

Andrew John Varley

 

Group Property Director and Executive Director

Facilities Executive

 

 

Age: 61

 

Annaliese Cassidy

 

Senior Lingerie and Sleepwear Designer

Other

 

 

Social: 

John Huckerby

 

Team Leader

Other

 

 

Social: 

Ian Thompson

 

Project Manager

Other

 

 

Social: 

Michael Wheeler

 

Graphic Designer

Other

 

 



 

 

Directors and Shareholders Report

 

Main Office Address:
Desford Road
Enderby
Leicester
United Kingdom LE19 4AT

Tel: 0844 844 8444
URL:http://www.next.co.uk

Annual Return Date: 08 Jun 2012
Total Issued Capital (GBP 000): 1

 

Individual Directors

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

David Wilson 
Keens

Current

16 Aug 1953

Next Plc, Desford Road, 
Leicester, Leicestershire LE19 4AT

21 Oct 2002

NA

Current:19
Previous:5
Disqualifications:0

 

Simon Adam 
Wolfson

Current

27 Oct 1967

Aspley House, Bedford Road, 
Milton Keynes, Buckinghamshire MK17 8DQ

21 Oct 2002

NA

Current:20
Previous:8
Disqualifications:0

 

Andrew John 
Varley

Current

27 Sep 1950

Next Plc, Desford Road, 
Leicester, Leicestershire LE19 4AT

24 Oct 2005

NA

Current:7
Previous:3
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Everdirector Limited

Previous

Eversheds House, 70 Great Bridgewater Street, 
Manchester, Greater Manchester M1 5ES

29 Aug 2002

21 Oct 2002

 

 

 

 

Individual Secretaries

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Andrew John Robert 
Mckinlay

Current

11 Aug 1958

Hepworth House, Claypit Lane,
Leeds, West Yorkshire LS2 8AE

31 Oct 2003

NA

Current:23
Previous:5
Disqualifications:0

 

William Robert 
Barnes

Previous

13 Jan 1958

1 Rockingham Way Redhouse Interchange, Adwick-Le-Street, 
Doncaster, South Yorkshire DN6 7NA

21 Oct 2002

31 Oct 2003

Current:12
Previous:24
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Secretaries

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Eversecretary Limited

Previous

Eversheds House, 70 Great Bridgewater Street,
Manchester, Greater Manchester M1 5ES

29 Aug 2002

21 Oct 2002

 

 

 

 

Individual Shareholders

There are no individual shareholders for this company.

 

 

 

 

 

 

 

 

 

 

Corporate Shareholders

Company Name

Registration Number

Share Details 
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Next Group Plc

00035161

1000 Ordinary GBP 1.00

Ordinary

1,000

1.00

1,000.00

100.00

 

 

 

 

 

Annual Profit & Loss

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

28-Jan-2012

29-Jan-2011

30-Jan-2010

24-Jan-2009

26-Jan-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.624652

0.648767

0.635548

0.557193

0.499706

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Total Turnover

5,360.0

4,957.6

5,041.4

5,519.9

6,222.2

Cost of Sales

3,809.8

3,593.3

3,660.5

4,089.7

4,573.3

Gross Profit

1,550.2

1,364.3

1,380.9

1,430.1

1,649.0

Depreciation

148.8

141.3

146.9

159.1

167.3

Other Expenses

695.1

639.7

693.8

720.4

744.8

Operating Profit

855.1

724.6

687.2

709.7

-

Other Income

0.1

0.9

0.1

0.1

0.1

Interest Paid

111.1

107.1

121.2

264.7

367.6

Exceptional Income

0.0

0.0

0.0

0.0

-9.3

Profit Before Taxes

744.2

618.5

566.1

445.1

527.3

Tax Payable / Credit

206.5

187.0

167.3

133.9

175.9

Extraordinary Items/Debits

0.0

0.0

0.0

0.0

0.0

Dividends

-

-

-

-

0.0

Profit After Taxes

537.7

431.5

398.8

311.1

351.5

Audit Fees

0.3

0.3

0.3

0.3

0.3

Non Audit Fees

-

0.0

0.1

0.0

0.1

Number of Employees

43,469

40,902

39,283

41,733

42,977

Wages

570.0

550.5

598.0

621.6

711.8

Social Security Costs

35.2

38.6

37.2

41.0

48.1

Pensions

-

0.0

0.0

0.0

-

Other Pension Costs

14.9

85.1

49.2

27.9

29.6

Employees Remuneration

620.0

674.2

684.4

690.6

789.6

Directors Emoluments

-

0.0

0.0

0.0

-

Other Costs

-

0.0

0.0

0.0

-

Directors Remuneration

-

0.0

0.0

0.0

-

Highest Paid Director

-

0.0

0.0

0.0

-

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

28-Jan-2012

29-Jan-2011

30-Jan-2010

24-Jan-2009

26-Jan-2008

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate

0.636531

0.631154

0.624064

0.731582

0.504236

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

532.7

541.3

525.2

485.3

686.3

Total Tangible Fixed Assets

532.7

541.3

525.2

485.3

686.3

Intangible Assets

3,921.8

3,955.2

4,000.2

3,412.3

4,950.8

Investments

23.0

22.8

11.6

0.0

0.0

Total Fixed Assets

4,477.5

4,519.3

4,537.0

3,897.6

5,637.1

Stocks

570.3

588.6

496.9

407.7

580.8

Work in Progress

5.3

0.9

2.3

1.0

1.6

Total Stocks Work In Progress

575.6

589.5

499.2

408.8

582.4

Trade Debtors

-

811.6

985.0

804.1

889.2

Inter-Company Debtors

69.5

10.1

9.9

7.6

2.3

Director Loans

0.0

0.0

0.0

0.0

0.0

Other Debtors

957.2

27.5

28.3

58.9

74.5

Total Debtors

1,026.6

849.2

1,023.2

870.6

966.0

Cash and Equivalents

40.2

39.0

40.8

25.3

248.4

Other Current Assets

6.9

3.2

4.4

123.4

13.3

Total Current Assets

1,649.4

1,480.8

1,567.6

1,428.1

1,810.2

Total Assets

6,126.9

6,000.1

6,104.7

5,325.7

7,447.3

Trade Creditors

269.3

279.8

247.8

234.5

288.4

Bank Overdraft

79.0

164.3

152.3

202.7

114.2

Inter-Company Creditors

3,182.2

3,501.1

3,912.7

3,703.8

6,018.0

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

0.0

0.0

0.0

Total Finance Lease/Hire Purchase (Current Liability)

0.0

0.0

0.0

0.0

0.0

Total Short Term Loans

0.0

0.0

0.0

0.0

0.0

Accruals/Deferred Income (Current Liability)

-

0.0

-

-

-

Social Security/VAT

107.3

93.3

98.7

65.4

113.4

Corporation Tax

189.4

190.1

170.6

103.8

158.8

Other Current Liabilities

235.4

251.9

238.2

306.3

216.2

Total Current Liabilities

4,062.4

4,480.4

4,820.2

4,616.5

6,909.1

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

Hire Purchase (Long Term Liability)

-

0.0

0.0

0.0

0.0

Leasing (Long Term Liability)

-

0.0

0.0

0.0

0.0

Total Hire Purchase Loans (Long Term Liability)

-

0.0

0.0

0.0

0.0

Other Long Term Loans

-

0.0

0.0

0.0

0.0

Accruals/Deferred Income (Long Term Liability)

0.0

-

-

0.0

0.0

Other Long Term Liabilities

8.5

12.8

16.0

0.0

0.0

Total Long Term Liabilities

8.5

12.8

16.0

0.0

0.0

Deferred Taxation

0.0

0.0

0.0

42.9

25.2

Other Provisions

0.0

0.0

195.0

0.0

0.0

Total Provisions

0.0

0.0

195.0

42.9

25.2

Issued Capital

0.0

0.0

0.0

0.0

0.0

Share Premium Accounts

0.0

0.0

0.0

0.0

0.0

Revaluation Reserve

0.0

0.0

0.0

0.0

0.0

Retained Earnings

2,049.4

1,524.7

1,084.1

559.6

512.4

Other Reserves

6.6

-17.8

-10.8

106.7

0.6

Minority Interests (Balance Sheet)

0.0

0.0

0.0

0.0

0.0

Total Shareholders Funds

2,056.0

1,506.9

1,073.4

666.3

513.0

Net Worth

-1,865.8

-2,448.3

-2,926.8

-2,746.0

-4,437.8

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

28-Jan-2012

29-Jan-2011

30-Jan-2010

24-Jan-2009

26-Jan-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.624652

0.648767

0.635548

0.557193

0.499706

Consolidated

No

No

No

No

No

 

 

 

 

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

28-Jan-2012

29-Jan-2011

30-Jan-2010

24-Jan-2009

26-Jan-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate

0.636531

0.631154

0.624064

0.731582

0.504236

Consolidated

No

No

No

No

No

 

 

 

 

 

 

Current Ratio

0.41

0.33

0.33

0.31

0.26

Liquidity Ratio

0.26

0.20

0.22

0.22

0.18

Stock Turnover

9.14

8.64

10.09

10.29

10.59

Credit Period (Days)

-

58.13

71.37

69.81

52.63

Working Capital by Sales

-45.88%

-58.86%

-64.57%

-75.84%

-82.69%

Trade Credit by Debtors

-

0.34

0.25

0.29

0.32

Return on Capital

35.37%

41.83%

44.04%

47.80%

97.10%

Return on Assets

11.92%

10.60%

9.27%

6.36%

7.02%

Profit Margin

13.88%

12.47%

11.23%

8.06%

8.47%

Return on Shareholders Funds

35.52%

42.19%

52.70%

50.88%

101.86%

Borrowing Ratio

-174.78%

-149.71%

-138.89%

-142.26%

-138.18%

Equity Gearing

33.56%

25.11%

17.58%

12.51%

6.89%

Interest Coverage

6.70

5.77

4.67

1.68

1.43

Sales by Tangible Assets

9.87

9.42

9.59

8.66

8.98

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

0.1

0.1

0.1

0.1

0.1

Capital Employed per Employee

0.0

0.0

0.0

0.0

0.0

Tangible Assets per Employee

0.0

0.0

0.0

0.0

0.0

Total Assets per Employee

0.1

0.1

0.2

0.1

0.2

Employee Remuneration by Sales

11.57%

13.60%

13.58%

12.51%

12.69%

Creditor Days (Cost of Sales Based)

26.29

27.65

24.73

27.48

23.22

Creditor Days (Sales Based)

18.68

20.04

17.95

20.36

17.07

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.29

UK Pound

1

Rs.81.08

Euro

1

Rs.70.61

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

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.