MIRA
INFORM REPORT
|
Report Date : |
08.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
MARKS AND SPENCER P.L.C |
|
|
|
|
Registered Office : |
Waterside House 35 North Wharf Road London W2 1NW |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
17.06.1926 |
|
|
|
|
Com. Reg. No.: |
00214436 |
|
|
|
|
Legal Form : |
Public limited with Share Capital |
|
|
|
|
Line of Business : |
A group engaged as retailers and sell high quality, great value clothing and home products as well as outstanding quality of food |
|
|
|
|
No. of Employees : |
54054 |
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 : |
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 – March 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 second largest economy in Europe
after Germany. Over the past two decades, the government has greatly reduced
public ownership and contained the growth of social welfare programs.
Agriculture is intensive, highly mechanized, and efficient by European
standards, producing about 60% of food needs with less than 2% of the labor
force. The UK has large coal, natural gas, and oil resources, but its oil and
natural gas reserves are declining and the UK became a net importer of energy
in 2005. Services, particularly banking, insurance, and business services,
account by far for the largest proportion of GDP while industry continues to
decline in importance. After emerging from recession in 1992, Britain's economy
enjoyed the longest period of expansion on record during which time growth
outpaced most of Western Europe. In 2008, however, the global financial crisis
hit the economy particularly hard, due to the importance of its financial
sector. Sharply declining home prices, high consumer debt, and the global
economic slowdown compounded Britain's economic problems, pushing the economy
into recession in the latter half of 2008 and prompting the then BROWN (Labour)
government to implement a number of measures to stimulate the economy and
stabilize the financial markets; these include nationalizing parts of the
banking system, temporarily cutting taxes, suspending public sector borrowing
rules, and moving forward public spending on capital projects. Facing
burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition
government (between Conservatives and Liberal Democrats) initiated a five-year
austerity program, which aimed to lower London's budget deficit from over 10%
of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the
Exchequer George OSBORNE announced additional austerity measures through 2017
because of slower-than-expected economic growth and the impact of the euro-zone
debt crisis. The CAMERON government raised the value added tax from 17.5% to
20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014.
The Bank of England (BoE) implemented an asset purchase program of up to £375
billion (approximately $605 billion) as of December 2012. During times of
economic crisis, the BoE coordinates interest rate moves with the European
Central Bank, but Britain remains outside the European Economic and Monetary
Union (EMU). In 2012, weak consumer spending and subdued business investment
weighed on the economy. GDP fell 0.1%, and the budget deficit remained
stubbornly high at 7.7% of GDP. Public debt continued to increase.
|
Source : CIA |
REGISTERED NAME & COMPANY
SUMMARY
|
Company Name |
MARKS AND SPENCER P.L.C. |
Company Number |
00214436 |
|
|
|
|
|
|
Registered
Address |
WATERSIDE HOUSE |
Trading Address |
Owlcotes Centre |
|
|
35 NORTH WHARF ROAD |
|
|
|
|
LONDON |
|
|
|
|
W2 1NW |
|
|
|
Website Address |
|
|
|
|
Telephone Number
|
02089942236 |
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation
Date |
17/06/1926 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
|
Type |
Public limited with Share Capital |
|
Date of Change |
- |
Filing Date of
Accounts |
07/09/2012 |
|
|
|
Share Capital |
£712,509,869 |
|
SIC03 |
5212 |
Currency |
GBP |
|
SIC03
Description |
OTHER RETAIL SALE IN NON-SPECIALISED STORES |
||
|
SIC07 |
47190 |
||
|
SIC07
Description |
OTHER RETAIL SALE IN NON-SPECIALISED STORES |
||
|
Principal
Activity |
A group engaged as retailers and sell high quality, great value
clothing and home products as well as outstanding quality of food. |
||
DIRECTORS/MANAGEMENT
|
Total Current Directors |
4 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
53 |
Current Directors
|
Name |
Date of Birth |
24/04/1960 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present
Appointments |
36 |
Function |
Director |
|
Appointment Date |
28/10/2010 |
|
|
|
Address |
Waterside House 35 North Wharf Road, London, W2 1NW |
||
|
|
|
|
|
|
Name |
Date of Birth |
28/03/1959 |
|
|
Officers Title |
Mr |
Nationality |
Dutch |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment Date |
14/07/2010 |
|
|
|
Address |
Waterside House 35 North Wharf Road, London, W2 1NW |
||
|
|
|
|
|
|
Name |
Date of Birth |
05/07/1950 |
|
|
Officers Title |
Dr |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Director |
|
Appointment Date |
15/12/2005 |
|
|
|
Address |
Waterside House, 35 North Wharf Road, London, W2 1NW |
||
|
|
|
|
|
|
Name |
Date of Birth |
07/03/1964 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
59 |
Function |
Director |
|
Appointment Date |
17/07/2009 |
|
|
|
Address |
35 North Wharf Road, London, W2 1NW |
||
|
|
|
|
|
Current Company Secretary
|
Name |
Date of Birth |
- |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Company Secretary |
|
Appointment Date |
30/07/2009 |
|
|
|
Address |
Waterside House 35 North Wharf Road, London, W2 1NW |
||
Previous Director/Company
Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
8 |
26 |
|
|
3 |
11 |
|
|
1 |
10 |
|
|
0 |
4 |
|
|
0 |
5 |
|
|
0 |
3 |
|
|
4 |
21 |
|
|
1 |
37 |
|
|
0 |
12 |
|
|
2 |
5 |
|
|
3 |
32 |
|
|
1 |
22 |
|
|
2 |
19 |
|
|
1 |
13 |
|
|
1 |
5 |
|
|
6 |
24 |
|
|
1 |
11 |
|
|
5 |
46 |
|
|
0 |
5 |
|
|
0 |
7 |
|
|
1 |
3 |
|
|
9 |
46 |
|
|
0 |
36 |
|
|
8 |
52 |
|
|
2 |
12 |
|
|
0 |
1 |
|
|
2 |
26 |
|
|
9 |
8 |
|
|
0 |
10 |
|
|
27 |
19 |
|
|
2 |
12 |
|
|
0 |
15 |
|
|
1 |
12 |
|
|
9 |
19 |
|
|
1 |
8 |
|
|
2 |
22 |
|
|
2 |
106 |
|
|
14 |
81 |
|
|
14 |
81 |
|
|
2 |
19 |
|
|
3 |
14 |
|
|
0 |
2 |
|
|
0 |
1 |
|
|
1 |
11 |
|
|
2 |
10 |
|
|
2 |
7 |
|
|
7 |
18 |
|
|
2 |
14 |
|
|
9 |
21 |
|
|
1 |
18 |
|
|
0 |
2 |
|
|
11 |
11 |
|
|
2 |
27 |
NEGATIVE INFORMATION
CCJ
|
Total Number of
Exact CCJs - |
Total Value of
Exact CCJs - |
||
|
Total Number of
Possible CCJs - |
Total Value of
Possible CCJs - |
||
|
Total Number of
Satisfied CCJs - |
Total Value of
Satisfied CCJs - |
||
|
Total Number of
Writs - |
- |
|
|
Exact
CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
23/02/2012 |
CHELMSFORD |
£17,839 |
Judgement |
0DA02211 |
- |
|
20/07/2011 |
WILLESDEN |
£1 |
Judgement |
0SK01228 |
- |
|
02/06/2010 |
BODMIN |
£661 |
Judgement |
9BJ01102 |
- |
|
21/03/2010 |
NORTHAMPTON CCBC |
£812 |
Judgement |
0QT14251 |
- |
|
16/07/2008 |
EDMONTON |
£149 |
Judgement |
8ED02768 |
- |
Possible
CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ /
CJ Details |
|
26/03/2010 |
WAKEFIELD |
£755 |
Judgement |
0WF00220 |
- |
MARKS AND SPENCER PLC, CHESTER BUSINESS PARK, WREXHAM ROAD, CHESTER,
CH4 9GA, CH4 9GA |
|
21/02/2010 |
NORTHAMPTON CCBC |
£240 |
Satisfied |
0XJ02587 |
20/04/2010 |
MARKS AND SPENCER PLC, WESTWAY STUDIOS, 54 WOOD LANE, WHITE CITY, W12
7QR, W12 7QR |
|
25/11/2009 |
NORTHAMPTON CCBC |
£975 |
Judgement |
9XJ29488 |
- |
MARKS AND SPENCER PLC, UNIT B, WESTFIELD SHOPPING CENTRE, AREIL WAY, ,
W12 7GA |
|
14/11/2007 |
NEWCASTLE UPON TYNE |
£204 |
Judgement |
7NE08821 |
- |
MARKS & SPENCER LTD, 3 LONGWALK ROAD, UXBRIDGE, MIDDX, , UB11 1AW |
|
08/10/2007 |
BROMLEY |
£1,474 |
Judgement |
7JL26507 |
- |
MARKS & SPENCER PLC, ALEXANDRA HOUSE, 200-220 SALFORD QUAYS,
SHROPSHIRE, , M50 3SP |
Writ Details
There are no writ details
Mortgage Summary
|
Outstanding |
0 |
|
Satisfied |
13 |
Mortgage Details
|
Mortgage Type: |
A SUBORDINATED LOAN SECURITY DEED MADE
BETWEEN THE COMPANY, LAW DEBENTURE TRUSTEES LIMITED (THE "TRUSTEE"
WHICH EXPRESSION SHALL INCLUDE SUCH COMPANY AND ALL OTHER PERSONS FOR THE
TIME BEING ACTING ASTRUSTEE) |
||
|
Date Charge
Created: |
12/12/01 |
|
|
|
Date Charge
Registered: |
21/12/01 |
|
|
|
Date Charge
Satisfied: |
20/06/07 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
LAW DEBENTURE TRUSTEES LIMITED |
||
|
Amount Secured: |
ALL DEBTS, MONIES AND LIABILITIES FROM
TIME TO TIME DUE, OWING OR INCURRED BY THE COMPANY TO THE BORROWER UNDER
CLAUSE 7 (4) ) OF THE TAX DEED OF COVENANT (ALLTERMS AS DEFINED) |
||
|
Details: |
BY WAY OF FIRST FIXED SECURITY IN FAVOUR
OF THE TRUSTEE FOR ITSELF AND AS TRUSTEE FOR THE BORROWER ALL ITS RIGHT,
TITLE, INTEREST AND BENEFIT, PRESENT AND FUTURE, IN TO AND UNDER THE
SUBORDINATED LOAN.. SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
A LEASEHOLD CONTINGENCY DEED OF CHARGE
MADE BETWEEN THE COMPANY, LAW DEBENTURE TRUSTEES LIMITED (THE"SECURITY
TRUSTEE"WHICH EXPRESSION SHALL INCLUDE SUCH COMPANY AND ALL OTHER
PERSONS FOR THE TIME BEING ACTING AS SECURITY TRUSTEE PURSUANT TO THE DEED)
AND EACH OTHER PARTY AS DEFINED IN THE BORROWERDEED OF CHARGE |
||
|
Date Charge
Created: |
12/12/01 |
|
|
|
Date Charge
Registered: |
21/12/01 |
|
|
|
Date Charge
Satisfied: |
20/06/07 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
LAW DEBENTURE TRUSTEES LIMITED |
||
|
Amount Secured: |
THE PAYMENT OR DISCHARGE OF THE AGGREGATE
OF ALL MONIES AND LIABILITIES WHATSOEVER WHICH FROM TIME TO TIME ARE OR MAY
BECOME DUE, OWING OR PAYABLE BY THE BORROWER TO THE BORROWER SECURED CREDITORS
UNDER THE TRANSACTION DOCUMENTS (ALL TERMSAS DEFINED) |
||
|
Details: |
(1) CHARGED BY WAY OF FIRST LEGAL MORTGAGE
TO THE FULLEST EXTENT POSSIBLE THE BARE LEGAL ESTATE OF EACH OF THE
PROPERTIES AT 23 BROADWAY, ACCRINGTON; 23-29 QUEENSWAY, CRAWLEY; 133/137
TERMINUS ROAD, EASTBOURNE; 371 HARROGATE ROAD, MOORTOWN, LEEDS; 19/31
FARGATE, SHEFFIELD; 147/153 HIGH STREET, SLOUGH; AND 32/40 PARADE, CUTTON
COLDFIELD.. SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEED OF RELEASE AND CHARGE EFFECTING SUBSTITUTION
OF SECURITY |
||
|
Date Charge
Created: |
17/07/90 |
|
|
|
Date Charge
Registered: |
07/08/90 |
|
|
|
Date Charge
Satisfied: |
09/02/01 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED |
||
|
Amount Secured: |
£45,000,000 DUE FROM THE COMPANY TO
THECHARGEE SECURED BY A TRUST DEED DATED 27/3/79 |
||
|
Details: |
BY A TRUST DEED DATED 27TH MARCH 1979
CERTAIN PROPERTY WAS CHARGED BY WAY OF LEGAL MORTGAGE BY A DEED OF EXCHANGE
DATED17/7/90 CERTAIN LAND WAS RECEIVED BY THE COMPANY FROM THE L/BOROUGH OF BROMLEY
THIS LAND COMPRISES TWO PARTS OF F/H LAND FORMING PART OF THE LAND REGISTERED
WITH T/N SGL 522255. BYA DEED OF RELEASE AND CHARGE BY WAY OF LEGAL MORTGAGE
DATED 17/7/90 THE LAND RECEIVED BY THE COMPANYWAS MADE SUBJECT TO THE LEGAL
MORTGAGE IN THE TRUST DEED DATED 27/3/79. |
||
|
Mortgage Type: |
TRANSFER |
||
|
Date Charge
Created: |
05/08/88 |
|
|
|
Date Charge
Registered: |
23/08/88 |
|
|
|
Date Charge
Satisfied: |
03/10/01 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE SECRETARY OF STATE FOR DEFENCE. |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMS OF THE CHARGE |
||
|
Details: |
F/H LAND PART OF THE MEADOWS, SANDHURST,
CAMBERLEY, BERKS. COMPRISING APPROX. 14 ACRES. |
||
|
Mortgage Type: |
DEED OF FURTHER CHARGE |
||
|
Date Charge
Created: |
19/04/84 |
|
|
|
Date Charge
Registered: |
24/04/84 |
|
|
|
Date Charge
Satisfied: |
09/02/01 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED. |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMS OF A TRUST DEED DATED 27.3.1979. |
||
|
Details: |
F/H LAND AT THE REAR OF SPRING
GARDENS,BUXTON DERBYSHIRE. LAND TO THE NORTH OFSPRING GARDENS
BUXTON,DERBYSHIRE. TOGETHER WITH ALL BUILDINGS ERECTIONS FIXTURES &
FITTINGS FIXED PLANT & MACHINERY. |
||
|
Mortgage Type: |
DEED OF FURTHER CHARGE |
||
|
Date Charge
Created: |
29/12/83 |
|
|
|
Date Charge
Registered: |
04/01/84 |
|
|
|
Date Charge
Satisfied: |
09/02/01 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED. |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMS OF A TRUST DEED DATED 27.3.79. |
||
|
Details: |
VARIOUS PROPERTIES IN ALDERSHOT, BROMLEY,
CHELMSFORD, CHICHESTER & LEICESTER. (FOR FULL DETAILS SEEDOC. M328). |
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
- |
|
|
|
Date Charge
Registered: |
09/04/79 |
|
|
|
Date Charge
Satisfied: |
04/02/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
29/01/70 |
|
|
|
Date Charge
Registered: |
29/01/70 |
|
|
|
Date Charge
Satisfied: |
12/10/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SEE FORM NO. 48 FOR DETAILS |
||
|
Amount Secured: |
WARNING - UNABLE TO DISPLAY AMOUNT SECURED
DETAILS |
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
25/01/68 |
|
|
|
Date Charge Registered: |
25/01/68 |
|
|
|
Date Charge
Satisfied: |
27/03/79 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SEE FORM NO. 48 FOR DETAILS |
||
|
Amount Secured: |
WARNING - UNABLE TO DISPLAY AMOUNT SECURED
DETAILS |
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
01/07/66 |
|
|
|
Date Charge
Registered: |
01/07/66 |
|
|
|
Date Charge
Satisfied: |
27/03/79 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SEE FORM NO. 48 FOR DETAILS |
||
|
Amount Secured: |
WARNING - UNABLE TO DISPLAY AMOUNT SECURED
DETAILS |
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
01/07/65 |
|
|
|
Date Charge
Registered: |
01/07/65 |
|
|
|
Date Charge
Satisfied: |
27/03/79 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SEE FORM NO. 48 FOR DETAILS |
||
|
Amount Secured: |
WARNING - UNABLE TO DISPLAY AMOUNT SECURED
DETAILS |
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge
Created: |
- |
|
|
|
Date Charge
Registered: |
03/07/61 |
|
|
|
Date Charge
Satisfied: |
27/03/79 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SEE FORM NO. 48 FOR DETAILS |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
CHARGE |
||
|
Date Charge
Created: |
20/03/29 |
|
|
|
Date Charge
Registered: |
21/03/29 |
|
|
|
Date Charge
Satisfied: |
21/07/30 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
PRUDENTIAL ASSURANCE COMPANY LIMITED |
||
|
Amount Secured: |
£200,000 & FURTHER ADVANCES NOT
EXCEEDING THEREWITH £1,000,000 |
||
|
Details: |
THE PROPERTIES LISTED IN THE SCHEDULE
ATTACHED TO DOC 45. |
||
SHARE & SHARE CAPITAL
INFORMATION
Top 20 Shareholders
|
Name |
Individual Share
Value |
|
MARKS & SPENCER GROUP PLC |
2,850,039,477 ORDINARY GBP 0.25 |
|
Share Capital |
£712,509,869 |
PAYMENT INFORMATION
Payment Information Summary
|
Days Beyond Terms |
Trend Indicator |
|
||||
|
Steady Improving Worsening |
|
GROUP STRUCTURE & AFFILIATED
COMPANIES
Statistics
|
Group |
65 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
MARKS AND SPENCER GROUP P.L.C. |
|
Ownership Status
|
Wholly Owned |
|
Ultimate Holding
Company |
MARKS AND SPENCER GROUP P.L.C. |
|
Company Name |
|
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
MARKS
AND SPENCER GROUP P.L.C. |
|
04256886 |
31.03.2012 |
Y |
£9,934,300,000 |
|
MARKS
AND SPENCER INVESTMENTS |
|
04903061 |
31.03.2012 |
N |
£1,602,000 |
|
MARKS
AND SPENCER (INITIAL L... |
|
SC315365 |
31.03.2012 |
N |
£5 |
|
MARKS
AND SPENCER PENSION TR... |
|
00326199 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER PENSION... |
|
05193992 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER P.L.C. |
|
00214436 |
31.03.2012 |
Y |
£9,934,300,000 |
|
SWINDON
WAREHOUSE SERVICES... |
|
03872396 |
31.03.2012 |
N |
£120,000 |
|
MARKS
AND SPENCER (SPRUCEF... |
|
05386788 |
31.03.2012 |
N |
£1,256,000 |
|
MARKS
AND SPENCER (LISBU... |
|
05386790 |
31.03.2012 |
N |
£21,000 |
|
MARKS
AND SPENCER 2005 (KE... |
|
05502478 |
31.03.2012 |
N |
£2,000,000 |
|
MARKS
AND SPENCER 2005 (WA... |
|
05502502 |
31.03.2012 |
N |
£2,450,000 |
|
MARKS
AND SPENCER (PROPERT... |
|
05502513 |
31.03.2012 |
N |
£200,000 |
|
MARKS
AND SPENCER 2005 (CH... |
|
05502519 |
31.03.2012 |
N |
£940,000 |
|
MARKS
AND SPENCER 2005 (KI... |
|
05502520 |
31.03.2012 |
N |
£1,700,000 |
|
MARKS
AND SPENCER 2005 (CA... |
|
05502522 |
31.03.2012 |
N |
£373,000 |
|
MARKS
AND SPENCER 2005 (KI... |
|
05502523 |
31.03.2012 |
N |
£1,260,000 |
|
MARKS
AND SPENCER 2005 (CA... |
|
05502526 |
31.03.2012 |
N |
£260,000 |
|
MARKS AND SPENCER 2005 (OX... |
|
05502527 |
31.03.2012 |
N |
£80,000 |
|
MARKS
AND SPENCER 2005 (HE... |
|
05502538 |
31.03.2012 |
N |
£2,991,000 |
|
MARKS
AND SPENCER 2005 (BA... |
|
05502540 |
31.03.2012 |
N |
£632,000 |
|
MARKS
AND SPENCER 2005 (NE... |
|
05502541 |
31.03.2012 |
N |
£751,000 |
|
MARKS
AND SPENCER 2005 (CH... |
|
05502542 |
31.03.2012 |
N |
£1,400,000 |
|
MARKS
AND SPENCER 2005 (PU... |
|
05502544 |
31.03.2012 |
N |
£2,750,000 |
|
MARKS
AND SPENCER 2005 (GL... |
|
05502546 |
31.03.2012 |
N |
£1,200,000 |
|
MARKS
AND SPENCER 2005 (CU... |
|
05502547 |
31.03.2012 |
N |
£706,000 |
|
MARKS
AND SPENCER 2005 (ED... |
|
05502564 |
31.03.2012 |
N |
£384,000 |
|
MARKS
AND SPENCER 2005 (CA... |
|
05502567 |
31.03.2012 |
N |
£126,000 |
|
MARKS
AND SPENCER (PROPERT... |
|
05502582 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER 2005 (PA... |
|
05502588 |
31.03.2012 |
N |
£176,000 |
|
MARKS
AND SPENCER 2005 (FI... |
|
05502598 |
31.03.2012 |
N |
£118,000 |
|
MARKS
AND SPENCER 2005 (BR... |
|
05502608 |
31.03.2012 |
N |
£1,650,000 |
|
M
& S LIMITED |
|
05946613 |
31.03.2012 |
N |
|
|
AMETHYST
LEASING (HOLDINGS... |
|
04246649 |
31.03.2012 |
N |
|
|
AMETHYST LEASING (PROPER... |
|
04246934 |
31.03.2012 |
N |
£508,000 |
|
BUSYEXPORT
LIMITED |
|
04411320 |
31.03.2012 |
N |
£1,414,000 |
|
M&S
CARD SERVICES LIMITED |
|
03979296 |
31.03.2012 |
N |
|
|
M&S
VENTURES LIMITED |
|
00330475 |
31.03.2012 |
N |
|
|
MANFORD
(TEXTILES) LIMITED |
|
00237629 |
31.03.2012 |
N |
|
|
ST.MICHAEL
(TEXTILES) LI... |
|
00386149 |
31.03.2012 |
N |
|
|
MARKS
& SPENCER OUTLET LIM... |
|
04039568 |
31.03.2012 |
N |
£15,804,408 |
|
MARKS
& SPENCER SIMPLY FOO... |
|
04739922 |
31.03.2012 |
N |
£482,902,000 |
|
MARKS
AND SPENCER VENTURES... |
|
03872389 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER SHARED S... |
|
04461788 |
31.03.2012 |
N |
£8,346,000 |
|
MARKS
AND SPENCER SCM LIMITED |
|
04485686 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER FRANCE L... |
|
05502548 |
31.03.2012 |
N |
£5,324,010 |
|
MARKS
AND SPARKS LIMITED |
|
00773110 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER EXPORT C... |
|
00363706 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER FINANCE... |
|
01899685 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER INTERNAT... |
|
02615081 |
31.03.2012 |
N |
£1,504,000 |
|
MARKS
AND SPENCER PROPERTY... |
|
02100781 |
31.03.2012 |
N |
£442,000 |
|
MARKS
AND SPENCER PROPER... |
|
02094786 |
31.03.2012 |
N |
|
|
MARKS
AND SPENCER CHESTE... |
|
05174129 |
31.03.2012 |
N |
£2,246,000 |
|
MARKS
AND SPENCER (NORTHER... |
|
NI004091 |
31.03.2012 |
N |
|
|
MINTERTON
SERVICES LIMITED |
|
04763836 |
31.03.2012 |
N |
£4,723 |
|
PER UNA GROUP LIMITED |
|
05149488 |
31.03.2012 |
N |
£291,293,000 |
|
RUBY
PROPERTIES (EXETER) L... |
|
04715974 |
31.03.2012 |
N |
|
|
RUBY
PROPERTIES (HARDWICK)... |
|
04716018 |
31.03.2012 |
N |
£1,239,000 |
|
RUBY
PROPERTIES (LONG EATO... |
|
04716031 |
31.03.2012 |
N |
£1,210,000 |
|
RUBY
PROPERTIES (TUNBRIDGE... |
|
04716032 |
31.03.2012 |
N |
£1,294,000 |
|
RUBY
PROPERTIES (THORNCLIF... |
|
04716110 |
31.03.2012 |
N |
£687,000 |
|
RUBY
PROPERTIES (ENFIELD)... |
|
04716390 |
31.03.2012 |
N |
£2,088,000 |
|
RUBY
PROPERTIES (CUMBERNAU... |
|
04922798 |
31.03.2012 |
N |
£1,815,000 |
|
ST.
MICHAEL FINANCE P.L.C. |
|
01339700 |
31.03.2012 |
N |
£688,000 |
|
SIMPLY
FOOD (PROPERTY VENT... |
|
02239799 |
02.04.2012 |
N |
£683,000 |
|
SIMPLY
FOOD (PROPERTY IN... |
|
05502543 |
31.03.2012 |
N |
£59,000 |
Other Linked companies
|
|
Number |
Latest Key Financials |
||
|
MARKS AND SPENCER STORES B.V. |
|
33225985 |
24.02.2012 |
|
|
M & S MODE INTERNATIONAL B.V. |
|
33235552 |
24.02.2012 |
|
|
J SAINSBURY HOLDINGS |
|
IE210097 |
17.03.2012 |
|
|
JS FINANCE CORPORATION |
|
IE210098 |
17.03.2012 |
|
FINANCIAL INFORMATION
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder
Funds |
Employees |
|
31/03/2012 |
£9,934,300,000 |
£658,000,000 |
£5,372,100,000 |
54054 |
|
02/04/2011 |
£9,740,300,000 |
£780,600,000 |
£5,295,100,000 |
54675 |
|
03/04/2010 |
£9,536,600,000 |
£702,700,000 |
£2,168,600,000 |
76267 |
Profit & Loss
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Weeks |
52 |
|
52 |
|
53 |
|
52 |
|
52 |
|
|
Currency |
GBP |
|
GBP |
|
GBP |
|
GBP |
|
GBP |
|
|
Consolidated A/cs |
Y |
|
Y |
|
Y |
|
Y |
|
Y |
|
|
Turnover |
£9,934,300,000 |
|
£9,740,300,000 |
|
£9,536,600,000 |
|
£9,062,100,000 |
|
£9,022,000,000 |
|
|
Export |
- |
|
- |
|
- |
|
- |
|
- |
|
|
Cost of Sales |
- |
|
- |
|
£5,918,100,000 |
|
£5,690,200,000 |
|
£5,535,200,000 |
|
|
Gross Profit |
- |
|
- |
|
£3,618,500,000 |
|
£3,371,900,000 |
|
£3,486,800,000 |
|
|
Wages & Salaries |
£1,252,600,000 |
|
£1,263,500,000 |
|
£1,259,400,000 |
|
£1,153,700,000 |
|
£1,149,700,000 |
|
|
Directors Emoluments |
£2,386,000,000 |
|
£4,711,000,000 |
|
£8,570,000 |
|
£4,170,000 |
|
£3,150,000 |
|
|
Operating Profit |
£746,500,000 |
|
£836,900,000 |
|
£852,000,000 |
|
£870,700,000 |
|
£1,211,200,000 |
|
|
Depreciation |
£404,800,000 |
|
£416,500,000 |
|
£394,200,000 |
|
£381,700,000 |
|
£296,300,000 |
|
|
Audit Fees |
£1,000,000 |
|
£1,000,000 |
|
£1,400,000 |
|
£900,000 |
|
£800,000 |
|
|
Interest Payments |
£136,800,000 |
|
£152,900,000 |
|
£162,200,000 |
|
£214,500,000 |
|
£146,600,000 |
|
|
Pre Tax Profit |
£658,000,000 |
|
£780,600,000 |
|
£702,700,000 |
|
£706,200,000 |
|
£1,129,000,000 |
|
|
Taxation |
-£168,400,000 |
|
-£182,000,000 |
|
-£179,700,000 |
|
-£199,400,000 |
|
-£308,100,000 |
|
|
Profit After Tax |
£489,600,000 |
|
£598,600,000 |
|
£523,000,000 |
|
£506,800,000 |
|
£820,900,000 |
|
|
Dividends Payable |
£273,600,000 |
|
£250,800,000 |
|
£236,000,000 |
|
£356,300,000 |
|
£344,000,000 |
|
|
Retained Profit |
£192,500,000 |
|
£334,400,000 |
|
£287,000,000 |
|
£149,300,000 |
|
£476,900,000 |
Balance Sheet
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Tangible Assets |
£5,280,500,000 |
|
£5,204,500,000 |
|
£5,180,200,000 |
|
£5,479,100,000 |
|
£5,733,800,000 |
|
|
Intangible Assets |
£584,300,000 |
|
£527,700,000 |
|
£452,800,000 |
|
£400,300,000 |
|
£305,500,000 |
|
|
Total Fixed Assets |
£5,864,800,000 |
|
£5,732,200,000 |
|
£5,633,000,000 |
|
£5,879,400,000 |
|
£6,039,300,000 |
|
|
Stock |
£681,900,000 |
|
£685,300,000 |
|
£613,200,000 |
|
£536,000,000 |
|
£488,900,000 |
|
|
Trade Debtors |
£114,600,000 |
|
£98,300,000 |
|
£88,500,000 |
|
£83,500,000 |
|
£84,600,000 |
|
|
Cash |
£196,100,000 |
|
£470,200,000 |
|
£405,800,000 |
|
£422,900,000 |
|
£318,000,000 |
|
|
Other Debtors |
£138,400,000 |
|
£152,000,000 |
|
£192,900,000 |
|
£201,700,000 |
|
£222,800,000 |
|
|
Miscellaneous Current Assets |
£2,870,800,000 |
|
£2,827,700,000 |
|
£219,800,000 |
|
£2,765,000,000 |
|
£2,651,800,000 |
|
|
Total Current Assets |
£4,001,800,000 |
|
£4,233,500,000 |
|
£1,520,200,000 |
|
£4,009,100,000 |
|
£3,766,100,000 |
|
|
Trade Creditors |
£988,600,000 |
|
£919,200,000 |
|
£792,200,000 |
|
£783,600,000 |
|
£226,900,000 |
|
|
Bank Loans & Overdrafts |
£38,400,000 |
|
£274,800,000 |
|
£469,300,000 |
|
0 |
|
0 |
|
|
Other Short Term Finance |
£421,700,000 |
|
£450,100,000 |
|
£112,600,000 |
|
£1,090,900,000 |
|
£963,700,000 |
|
|
Miscellaneous Current Liabilities |
£556,700,000 |
|
£566,100,000 |
|
£516,400,000 |
|
£432,400,000 |
|
£797,300,000 |
|
|
Total Current Liabilities |
£2,005,400,000 |
|
£2,210,200,000 |
|
£1,890,500,000 |
|
£2,306,900,000 |
|
£1,987,900,000 |
|
|
Bank Loans & Overdrafts and LTL |
£2,527,500,000 |
|
£2,735,200,000 |
|
£3,563,400,000 |
|
£2,869,500,000 |
|
£3,215,400,000 |
|
|
Other Long Term Finance |
£84,000,000 |
|
£103,400,000 |
|
£76,200,000 |
|
£2,188,900,000 |
|
£673,200,000 |
|
|
Total Long Term Liabilities |
£2,489,100,000 |
|
£2,460,400,000 |
|
£3,094,100,000 |
|
£2,869,500,000 |
|
£3,215,400,000 |
Capital & Reserves
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Called Up Share Capital |
£712,500,000 |
|
£712,500,000 |
|
£395,500,000 |
|
£712,500,000 |
|
£712,500,000 |
|
|
P & L Account Reserve |
£3,822,800,000 |
|
£3,700,000,000 |
|
£5,281,900,000 |
|
£2,971,200,000 |
|
£3,532,400,000 |
|
|
Revaluation Reserve |
- |
|
- |
|
- |
|
- |
|
- |
|
|
Sundry Reserves |
£836,800,000 |
|
£882,600,000 |
|
-£3,508,800,000 |
|
£1,028,400,000 |
|
£357,200,000 |
|
|
Shareholder Funds |
£5,372,100,000 |
|
£5,295,100,000 |
|
£2,168,600,000 |
|
£4,712,100,000 |
|
£4,602,100,000 |
Other Financial Items
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Net Worth |
£4,787,800,000 |
|
£4,767,400,000 |
|
£1,715,800,000 |
|
£4,311,800,000 |
|
£4,296,600,000 |
|
|
Working Capital |
£1,996,400,000 |
|
£2,023,300,000 |
|
-£370,300,000 |
|
£1,702,200,000 |
|
£1,778,200,000 |
|
|
Total Assets |
£9,866,600,000 |
|
£9,965,700,000 |
|
£7,153,200,000 |
|
£9,888,500,000 |
|
£9,805,400,000 |
|
|
Total Liabilities |
£4,494,500,000 |
|
£4,670,600,000 |
|
£4,984,600,000 |
|
£5,176,400,000 |
|
£5,203,300,000 |
|
|
Net Assets |
£5,372,100,000 |
|
£5,295,100,000 |
|
£2,168,600,000 |
|
£4,712,100,000 |
|
£4,602,100,000 |
Cash Flow
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Net Cashflow from Operations |
£1,203,000,000 |
|
£1,199,900,000 |
|
£1,229,000,000 |
|
£1,291,400,000 |
|
£1,069,700,000 |
|
|
Net Cashflow before Financing |
£445,200,000 |
|
£709,400,000 |
|
£699,400,000 |
|
£694,500,000 |
|
£71,600,000 |
|
|
Net Cashflow from Financing |
-£511,000,000 |
|
-£647,400,000 |
|
-£792,900,000 |
|
-£521,900,000 |
|
-£2,200,000 |
|
|
Increase in Cash |
-£65,800,000 |
|
£62,000,000 |
|
-£93,500,000 |
|
£172,600,000 |
|
£69,400,000 |
Miscellaneous
|
|
Date Of Accounts |
31/03/12 |
|
02/04/11 |
|
03/04/10 |
|
28/03/09 |
|
29/03/08 |
|
|
Contingent Liability |
NO |
|
NO |
|
YES |
|
YES |
|
YES |
|
|
Capital Empl oyed |
£7,861,200,000 |
|
£7,755,500,000 |
|
£5,262,700,000 |
|
£7,581,600,000 |
|
£7,817,500,000 |
Ratios
|
|
Date Of Accounts |
31/03/12 |
02/04/11 |
03/04/10 |
28/03/09 |
29/03/08 |
|
|
Pre-tax profit margin % |
6.62 |
8.01 |
7.37 |
7.79 |
12.51 |
|
|
Current ratio |
2 |
1.92 |
0.80 |
1.74 |
1.89 |
|
|
Sales/Net Working Capital |
4.98 |
4.81 |
-25.75 |
5.32 |
5.07 |
|
|
Gearing % |
47 |
51.70 |
164.30 |
60.90 |
69.90 |
|
|
Equity in % |
57.90 |
56.10 |
32.40 |
49.70 |
48.40 |
|
|
Creditor Days |
36.22 |
34.35 |
30.81 |
31.47 |
9.15 |
|
|
Debtor Days |
4.19 |
3.67 |
3.44 |
3.35 |
3.41 |
|
|
Liquidity/Acid Test |
1.65 |
1.60 |
0.47 |
1.50 |
1.64 |
|
|
Return On Capital Employed % |
8.37 |
10.06 |
13.35 |
9.31 |
14.44 |
|
|
Return On Total Assets Employed % |
6.66 |
7.83 |
9.82 |
7.14 |
11.51 |
|
|
Current Debt Ratio |
0.37 |
0.41 |
0.87 |
0.48 |
0.43 |
|
|
Total Debt Ratio |
0.83 |
0.88 |
2.29 |
1.09 |
1.13 |
|
|
Stock Turnover Ratio % |
6.86 |
7.03 |
6.42 |
5.91 |
5.41 |
|
|
Return on Net Assets Employed % |
12.24 |
14.74 |
32.40 |
14.98 |
24.53 |
FOREIGN EXCHANGE RATES
N/a
ADDITIONAL INFORMATION
|
SIC03 |
5212 |
|
SIC03
Description |
OTHER RETAIL SALE IN NON-SPECIALISED STORES |
|
SIC07 |
47190 |
|
SIC07
Description |
OTHER RETAIL SALE IN NON-SPECIALISED STORES |
|
Principal
Activity |
A group engaged as retailers and sell high quality, great value
clothing and home products as well as outstanding quality of food. |
|
|
Number of Employees |
54054 |
|
54675 |
|
76267 |
|
77864 |
|
75389 |
|
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
||||||||
|
|
Auditor Comments |
The audit report contains no adverse comments |
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Bankers |
HSBC BANK PLC |
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Bank Branch Code |
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Status History
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No Status History found |
Event History
|
Date |
Description |
|
21/09/2012 |
New Accounts Filed |
|
21/09/2012 |
New Accounts Filed |
|
14/03/2012 |
Annual Returns |
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19/08/2011 |
New Accounts Filed |
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27/07/2011 |
New Accounts Filed |
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27/07/2011 |
New Accounts Filed |
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22/02/2011 |
Annual Returns |
|
01/12/2010 |
New Board Member Mr A. Stewart appointed |
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18/11/2010 |
New Board Member Mr A. Stewart appointed |
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28/09/2010 |
New Accounts Filed |
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28/09/2010 |
New Accounts Filed |
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21/09/2010 |
New Board Member Mr M. Bolland appointed |
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18/08/2010 |
New Board Member Mr M. Bolland appointed |
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16/08/2010 |
Mr I. Dyson has left the board |
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16/08/2010 |
Sir S.A. Rose has left the board |
Previous Company Names
|
No Previous Names found |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.27 |
|
UK Pound |
1 |
Rs.84.32 |
|
Euro |
1 |
Rs.70.99 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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---- |
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.