|
Report Date : |
27.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
NEW LOOK RETAILERS LTD. |
|
|
|
|
Registered Office : |
New Look House Mercery Road Weymouth, DT3 5HJ |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
30.03.2013 |
|
|
|
|
Date of Incorporation : |
01.03.1982 |
|
|
|
|
Com. Reg. No.: |
01618428 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Retailing of clothing, footwear and accessories under the
new look brand |
|
|
|
|
No. of Employees : |
17,548 |
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 – 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
|
NEW LOOK RETAILERS
LTD. |
|
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Retailing of clothing, footwear and accessories under the new look brand. |
|
Industry |
|
|
ANZSIC 2006: |
|
|
ISIC Rev 4: |
4771 - Retail sale of clothing, footwear and leather articles in specialized stores |
|
NACE Rev 2: |
|
|
NAICS 2012: |
|
|
UK SIC 2007: |
|
|
US SIC 1987: |
|
|
|
|
|
|
|
|
||||||||||||||||||||
Registered No.(UK): 01618428
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.632825
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6591356
|
|
|
|||||||||||||||||||||||||||||||
|
ANZSIC 2006 Codes: |
||
|
4251 |
- |
Clothing Retailing |
|
4310 |
- |
Non-Store Retailing |
|
4279 |
- |
Other Store-Based Retailing Not Elsewhere Classified |
|
ISIC Rev 4 Codes: |
||
|
4771 |
- |
Retail sale of clothing, footwear and leather articles in specialized stores |
|
4791 |
- |
Retail sale via mail order houses or via Internet |
|
NACE Rev 2 Codes: |
||
|
4771 |
- |
Retail sale of clothing in specialised stores |
|
4772 |
- |
Retail sale of footwear and leather goods in specialised stores |
|
4791 |
- |
Retail sale via mail order houses or via Internet |
|
NAICS 2012 Codes: |
||
|
448120 |
- |
Women's Clothing Stores |
|
448 |
- |
Clothing and Clothing Accessories Stores |
|
45411 |
- |
Electronic Shopping and Mail-Order Houses |
|
US SIC 1987: |
||
|
5651 |
- |
Family Clothing Stores |
|
5961 |
- |
Catalog and Mail-order Houses |
|
59 |
- |
Miscellaneous Retail |
|
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 |
Retailing of clothing, footwear and accessories under the new look brand.
Financial
Data
|
|||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||
Key Corporate Relationships
|
||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
Source |
|
Parent |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
2,345.0 |
21,148 |
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
1,000 |
EXP |
|
|
Subsidiary |
Thiais |
France |
Clothing and Apparel Stores |
256.0 |
1,935 |
D&B |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
31.6 |
200 |
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Clothing and Apparel Stores |
1,972.8 |
17,548 |
EXP |
|
|
UK Branch/Trading address |
Bootle |
United Kingdom |
Clothing and Apparel Stores |
1,972.8 |
20 |
ML |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Paris |
France |
Clothing and Apparel Stores |
96.9 |
451 |
D&B |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Clothing and Apparel Stores |
31.6 |
200 |
ML |
|
|
UK Branch/Trading address |
Ballymena |
United Kingdom |
Clothing and Apparel Stores |
31.6 |
55 |
ML |
|
|
UK Branch/Trading address |
Birmingham |
United Kingdom |
Clothing and Apparel Stores |
31.6 |
30 |
ML |
|
|
UK Branch/Trading address |
Hinckley |
United Kingdom |
Clothing and Apparel Stores |
31.6 |
20 |
ML |
|
|
UK Branch/Trading address |
Newquay |
United Kingdom |
Clothing and Apparel Stores |
31.6 |
15 |
ML |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Residential Real Estate Leasing |
2.9 |
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Personal Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Singapore |
Singapore |
Clothing and Apparel Manufacturing |
0.4 |
10 |
D&B |
|
|
UK Branch/Trading address |
Merthyr Tydfil |
United Kingdom |
Clothing and Apparel Stores |
|
3 |
ML |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|
Subsidiary |
Weymouth |
United Kingdom |
Miscellaneous Professional Services |
|
|
EXP |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Main Office Address: |
Tel: 020 7290 7860 |
Annual Return Date: 30 Jul 2013 |
|
Individual Directors |
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
05 Feb 1967 |
New Look House, Mercery Road, |
16 Jan 2013 |
NA |
Current:11 |
|
|
|
Current |
06 May 1959 |
6 Rose Neath, Sandringham Park, |
29 Jun 2011 |
NA |
Current:14 |
|
|
|
Current |
29 Aug 1949 |
Eastbrook House 10 Church Street, Upwey, |
16 Apr 2013 |
NA |
Current:10 |
|
|
|
Current |
05 Jun 1958 |
42 Kinghorn Park, |
18 Jan 2000 |
NA |
Current:20 |
|
|
|
Previous |
20 Oct 1946 |
Tatton House Buckland Ripers, Weymouth, |
30 Jul 1993 |
16 Aug 1993 |
Current:0 |
|
|
|
Previous |
28 Oct 1966 |
Apartment 4 11 Picton Place, |
22 Jul 2009 |
06 Jul 2010 |
Current:0 |
|
|
|
Previous |
NA |
23 Charlotte Close, |
NA |
01 Oct 1993 |
Current:0 |
|
|
|
Previous |
13 Jun 1969 |
New Look House, Mercery Road, |
12 Aug 2010 |
20 Jan 2012 |
Current:1 |
|
|
|
Previous |
10 Nov 1952 |
Orchard House, Blenheim Hill, |
19 Jul 2001 |
09 Apr 2009 |
Current:5 |
|
|
|
Previous |
NA |
Eastbrook House 10 Church Street, Upway, |
NA |
10 Oct 1994 |
Current:0 |
|
|
|
Previous |
14 Jul 1942 |
The Rotunda 42 Gloucester Crescent, |
10 Oct 1994 |
31 Jan 1995 |
Current:8 |
|
|
|
Previous |
04 Apr 1956 |
Pigeon House, Hampton, |
NA |
03 Jun 1998 |
Current:0 |
|
|
|
Previous |
15 Sep 1928 |
Eastbrook House 10 Church Street, Upwey, |
30 Jul 1992 |
10 Oct 1994 |
Current:0 |
|
|
|
Previous |
12 Nov 1931 |
Eastbrook House 10 Church Street, Upwey, |
30 Jul 1992 |
10 Oct 1994 |
Current:0 |
|
|
|
Previous |
30 Sep 1957 |
Scotsgrove, South Park, |
10 Aug 1998 |
05 Apr 2004 |
Current:0 |
|
|
|
Previous |
21 Apr 1944 |
74 New Town Row, |
NA |
08 May 2000 |
Current:6 |
|
|
|
Previous |
NA |
25 Chevening Road, |
20 Sep 2006 |
07 Nov 2008 |
Current:0 |
|
|
|
Previous |
29 Aug 1949 |
Eastbrook House 10 Church Street, Upwey, |
30 Jul 1992 |
19 Jul 2001 |
Current:10 |
|
|
|
Previous |
23 Mar 1964 |
Pembroke House Earlstone Common, Burghclere, |
19 Jul 2001 |
21 Mar 2011 |
Current:2 |
|
|
|
Previous |
09 Feb 1967 |
New Look House Mercery Road, |
26 Jan 2012 |
10 Jun 2013 |
Current:0 |
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
|
There are no corporate directors for this company. |
|
|
|
Individual
Secretaries |
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
NA |
New Look House, Mercery Road, |
01 Jun 2011 |
NA |
Current:1 |
|
|
|
Previous |
21 Jul 1964 |
Oaksdown, Forest Edge Road Crow Hill, |
10 Aug 1998 |
28 Apr 2004 |
Current:0 |
|
|
|
Previous |
NA |
23 Charlotte Close, |
NA |
01 Oct 1993 |
Current:0 |
|
|
|
Previous |
NA |
Eastbrook House 10 Church Street, Upway, |
NA |
08 Jun 1993 |
Current:0 |
|
|
|
Previous |
14 Jul 1942 |
The Rotunda 42 Gloucester Crescent, |
10 Oct 1994 |
31 Jan 1995 |
Current:8 |
|
|
|
Previous |
09 Mar 1948 |
Woodpeckers, Orchard Gate, |
NA |
10 Aug 1998 |
Current:0 |
|
|
|
Previous |
05 Jun 1958 |
42 Kinghorn Park, |
28 Apr 2004 |
01 Jun 2011 |
Current:20 |
|
|
|
Corporate
Secretaries |
|
There are no corporate secretaries for this company. |
|
|
|
Individual
Shareholders |
||||||
|
There are no individual shareholders for this company. |
||||||
|
|
||||||
|
|
|
|
|
|
|
|
|
Corporate
Shareholders |
|||||||
|
Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
01996366 |
1000 Ordinary GBP 1.00 |
Ordinary |
1,000 |
1.00 |
1,000.00 |
100.00 |
|
|
|
|||||||
|
|
30-Mar-2013 |
24-Mar-2012 |
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.632825 |
0.626628 |
0.644005 |
0.628176 |
0.590376 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
1,748.8 |
1,713.5 |
1,716.5 |
- |
1,871.0 |
|
Turnover (Exports) |
224.1 |
210.7 |
170.5 |
- |
0.0 |
|
Total Turnover |
1,972.8 |
1,924.2 |
1,887.0 |
1,857.8 |
1,871.0 |
|
Cost of Sales |
898.9 |
911.9 |
848.8 |
726.3 |
765.6 |
|
Gross Profit |
1,073.9 |
1,012.3 |
1,038.2 |
1,131.5 |
1,105.4 |
|
Depreciation |
0.1 |
103.1 |
101.3 |
96.2 |
94.6 |
|
Other Expenses |
893.0 |
926.8 |
910.7 |
914.7 |
894.2 |
|
Operating Profit |
- |
85.4 |
127.5 |
216.8 |
- |
|
Other Income |
29.7 |
23.4 |
22.3 |
37.2 |
108.7 |
|
Interest Paid |
0.8 |
0.0 |
0.0 |
2.6 |
2.4 |
|
Exceptional Income |
-17.2 |
0.0 |
0.0 |
0.0 |
-11.5 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
25.1 |
|
Profit Before Taxes |
192.6 |
108.8 |
149.8 |
251.4 |
305.9 |
|
Tax Payable / Credit |
8.0 |
-13.0 |
11.8 |
40.5 |
26.4 |
|
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 |
184.7 |
121.9 |
138.0 |
210.9 |
279.6 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.4 |
0.3 |
0.3 |
0.3 |
0.4 |
|
Non Audit Fees |
- |
0.1 |
0.1 |
0.1 |
- |
|
Number of Employees |
17,548 |
18,718 |
20,081 |
18,713 |
17,363 |
|
Wages |
241.1 |
- |
245.7 |
258.6 |
252.6 |
|
Social Security Costs |
14.1 |
- |
15.4 |
19.8 |
15.6 |
|
Pensions |
0.1 |
0.4 |
0.4 |
0.4 |
0.5 |
|
Other Pension Costs |
2.8 |
- |
1.7 |
7.5 |
9.4 |
|
Employees Remuneration |
258.0 |
261.6 |
262.8 |
285.9 |
277.6 |
|
Directors Emoluments |
2.6 |
1.7 |
2.1 |
5.6 |
2.9 |
|
Other Costs |
0.0 |
0.0 |
1.1 |
4.9 |
0.0 |
|
Directors Remuneration |
2.7 |
2.1 |
3.6 |
10.9 |
3.4 |
|
Highest Paid Director |
1.1 |
0.8 |
2.0 |
2.6 |
1.1 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
30-Mar-2013 |
24-Mar-2012 |
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659136 |
0.632404 |
0.621678 |
0.670938 |
0.698153 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
25.0 |
27.3 |
30.5 |
27.9 |
26.6 |
|
Fixtures & Fittings |
54.8 |
70.9 |
112.2 |
106.5 |
100.9 |
|
Plant & Vehicles |
177.3 |
188.7 |
190.1 |
177.2 |
150.9 |
|
Total Tangible Fixed Assets |
257.0 |
286.8 |
332.7 |
311.6 |
278.3 |
|
Intangible Assets |
80.7 |
115.8 |
150.0 |
168.8 |
190.8 |
|
Investments |
70.1 |
73.0 |
75.2 |
69.5 |
56.0 |
|
Total Fixed Assets |
407.9 |
475.6 |
557.8 |
549.9 |
525.1 |
|
Stocks |
169.8 |
166.5 |
190.3 |
163.4 |
177.1 |
|
Work in Progress |
0.8 |
0.5 |
1.0 |
1.9 |
2.2 |
|
Total Stocks Work In Progress |
170.6 |
167.0 |
191.3 |
165.3 |
179.3 |
|
Trade Debtors |
20.9 |
25.5 |
17.0 |
14.0 |
11.4 |
|
Inter-Company Debtors |
1,564.3 |
1,290.3 |
1,178.1 |
950.4 |
875.6 |
|
Other Debtors |
75.3 |
73.3 |
75.4 |
91.3 |
65.8 |
|
Total Debtors |
1,660.5 |
1,389.1 |
1,270.5 |
1,055.7 |
952.8 |
|
Cash and Equivalents |
135.8 |
292.1 |
256.8 |
271.1 |
204.9 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
1,966.9 |
1,848.1 |
1,718.6 |
1,492.1 |
1,337.1 |
|
Total Assets |
2,374.8 |
2,323.8 |
2,276.4 |
2,041.9 |
1,862.2 |
|
Trade Creditors |
141.2 |
132.9 |
195.1 |
125.9 |
160.0 |
|
Inter-Company Creditors |
222.0 |
240.1 |
216.8 |
202.7 |
326.4 |
|
Accruals/Deferred Income (Current Liability) |
132.0 |
148.6 |
143.1 |
179.3 |
132.8 |
|
Social Security/VAT |
5.5 |
21.2 |
9.9 |
19.0 |
20.6 |
|
Corporation Tax |
15.2 |
0.3 |
5.0 |
22.1 |
16.4 |
|
Other Current Liabilities |
2.2 |
18.7 |
21.3 |
37.6 |
12.3 |
|
Total Current Liabilities |
518.1 |
561.9 |
591.2 |
586.6 |
668.6 |
|
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) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
24.7 |
34.4 |
44.3 |
52.8 |
52.1 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
24.7 |
34.4 |
44.3 |
52.8 |
52.1 |
|
Deferred Taxation |
0.0 |
0.0 |
4.1 |
7.9 |
5.6 |
|
Other Provisions |
16.8 |
21.3 |
23.8 |
35.8 |
31.8 |
|
Total Provisions |
16.8 |
21.3 |
27.8 |
43.7 |
37.4 |
|
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 |
1,815.2 |
1,706.2 |
1,613.1 |
1,358.9 |
1,104.1 |
|
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 |
1,815.2 |
1,706.2 |
1,613.1 |
1,358.9 |
1,104.1 |
|
Net Worth |
1,734.5 |
1,590.4 |
1,463.2 |
1,190.2 |
913.3 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
30-Mar-2013 |
24-Mar-2012 |
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.632825 |
0.626628 |
0.644005 |
0.628176 |
0.590376 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in: USD (mil) |
|
|
30-Mar-2013 |
24-Mar-2012 |
26-Mar-2011 |
27-Mar-2010 |
28-Mar-2009 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659136 |
0.632404 |
0.621678 |
0.670938 |
0.698153 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
3.80 |
3.29 |
2.91 |
2.54 |
2.00 |
|
Liquidity Ratio |
3.47 |
2.99 |
2.58 |
2.26 |
1.73 |
|
Stock Turnover |
1,090.00 |
1,142.00 |
1,022.00 |
1,052.00 |
882.00 |
|
Credit Period (Days) |
410.00 |
488.00 |
317.00 |
293.00 |
264.00 |
|
Working Capital by Sales |
7,796.00% |
6,746.00% |
5,767.00% |
5,206.00% |
4,225.00% |
|
Trade Credit by Debtors |
676.00 |
521.00 |
1,151.00 |
900.00 |
1,398.00 |
|
Return on Capital |
977.00% |
612.00% |
921.00% |
1,618.00% |
2,167.00% |
|
Return on Assets |
764.00% |
464.00% |
682.00% |
1,153.00% |
1,389.00% |
|
Profit Margin |
976.00% |
566.00% |
794.00% |
1,353.00% |
1,635.00% |
|
Return on Shareholders Funds |
1,000.00% |
632.00% |
962.00% |
1,732.00% |
2,343.00% |
|
Borrowing Ratio |
1,280.00% |
1,510.00% |
1,482.00% |
1,703.00% |
3,574.00% |
|
Equity Gearing |
7,644.00% |
7,342.00% |
7,086.00% |
6,655.00% |
5,929.00% |
|
Interest Coverage |
23,951.00 |
- |
- |
9,492.00 |
12,693.00 |
|
Sales by Tangible Assets |
723.00 |
665.00 |
588.00 |
558.00 |
569.00 |
|
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 |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Employee Remuneration by Sales |
1,308.00% |
1,360.00% |
1,393.00% |
1,539.00% |
1,484.00% |
|
Creditor Days (Cost of Sales Based) |
6,085.00 |
5,370.00 |
8,100.00 |
6,758.00 |
9,019.00 |
|
Creditor Days (Sales Based) |
2,773.00 |
2,545.00 |
3,644.00 |
2,642.00 |
3,691.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.45 |
|
|
1 |
Rs.100.86 |
|
Euro |
1 |
Rs.84.50 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.