MIRA INFORM REPORT

 

 

Report Date :

02.04.2014

 

IDENTIFICATION DETAILS

 

Name :

SOLARGISE LIMITED

 

 

Formerly Known as: 

07832571 LIMITED

 

 

Registered Office :

135/137 Station Road, Chingford, London, E4 6ag

 

 

Country :

United Kingdom

 

 

Financials (as on) :

30.11.2013

 

 

Date of Incorporation :

02.11.2011

 

 

Com. Reg. No.:

07832571

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Subject company was dormant during y/e 30.11.2013.

 

 

No. of Employees

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Dormant

 

 

Payment Behaviour :

---

 

 

Litigation :

---

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – december 01, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

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 third largest economy in Europe after Germany and France. Over the past two decades, the government has greatly reduced public ownership. 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, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output. 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. Falling 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 included 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 about 11% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 largely due to 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 £375 billion (approximately $605 billion) as of December 2013. 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, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the second half of the year because of greater consumer spending and a recovering housing market. The budget deficit is falling but remains high at nearly 7% and public debt has continued to increase.

 

 

Source : CIA

 


Company name & address

 

Company Name:

SOLARGISE LIMITED

Company No:

07832571

 

Registered Address:

135/137 Station Road

Chingford

London

E4 6ag

 

 

Company summary

               

Company Name

SOLARGISE LIMITED

Company Number

07832571

Registered Address

135/137 STATION ROAD
CHINGFORD
LONDON
E4 6AG

Trading Address

135-137 Station Road
Chingford
London
E4 6AG

Website Address

-

Telephone Number

-

TPS

-

Incorporation Date

02/11/2011

Company Status

Non trading

Previous Name

07832571 LIMITED

Type

Private limited with Share Capital

Date of Change

06/09/2013

Filing Date of Accounts

20/01/2014

 

 

Share Capital

£1,000,000

SIC03

9999

Currency

GBP

SIC03 Description

Dormant company

SIC07

99999

SIC07 Description

DORMANT COMPANY

Principal Activity

The company was dormant during y/e 30.11.2013.

 

Key Financials

 

Year to Date

Turnover

Pre Tax Profit

Shareholder Funds

Employees

30/11/2013

-

-

-

-

30/11/2012

-

-

-

-

 


Payment Information Summary

 

Days Beyond Terms

Trend Indicator

                         Average Payment Experience  

 

N/A

15

Company DBT

UK Average DBT

Steady

  

Improving Worsening

 

Be the first to leave a payment experience 
for this company 
Within Terms91+ Days

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

Exact CCJ Details

 

There are no exact CCJ details

 

Possible CCJ Details

 

There are no possible CCJ details

 

Writ Details

 

There are no writ details

 

 

Mortgage Summary

 

Outstanding

0

Satisfied

0

 


Total Current Directors

3

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

0

 

Current Directors

 

Name

Neil Donald John MacLeod

Date of Birth

14/12/1971

Officers Title

Mr

Nationality

British

Present Appointments

5

Function

Director

Appointment Date

14/01/2014

Address

135/137 Station Road, Chingford, London, E4 6AG

 

Name

Philip Pels

Date of Birth

05/10/1983

Officers Title

Mr

Nationality

British

Present Appointments

35

Function

Director

Appointment Date

28/09/2012

Address

Churchill House 137-139 Brent Street, Hendon, London, NW4 4DJ

 

Name

Rajdeep Basu

Date of Birth

12/02/1970

Officers Title

Mr

Nationality

Indian

Present Appointments

7

Function

Director

Appointment Date

02/11/2011

Address

135/137 Station Road, Chingford, London, E4 6AG

 

 

Current Company Secretary

 

Name

Rajdeep Basu

Date of Birth

-

Officers Title

Mr

Nationality

Present Appointments

1

Function

Company Secretary

Appointment Date

02/11/2011

Address

135/137 Station Road, Chingford, London, E4 6AG

 

 

Top 20 Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

RAJDEEP BASU

GBP

1,000

ORDINARY

1,000

 

Unable to report percentage holdings as filed Shareholder listing is not full.


Miscellaneous

 

Date Of Accounts

30/11/13

30/11/12

-

-

-

Contingent Liability

NO

NO

-

-

-

Capital Employed

-

-

-

-

-

Number of Employees

-

-

-

-

-

 

 

Auditors

Auditor Comments

The company is exempt from audit

 

Status History

 

Date

Description

05/08/2013

Restored to Index

20/06/2013

Dissolution (Final)

07/03/2013

Dissolution (First Gazt)

 

 

Event History

 

Date

Description

29/01/2014

New Board Member Mr N.D. MacLeod appointed

28/01/2014

New Accounts Filed

08/11/2013

Annual Returns

10/09/2013

Change of Name

07/08/2013

Annual Returns

07/08/2013

New Accounts Filed

05/08/2013

Change in Reg.Office

05/08/2013

Change of Company Postcode

05/08/2013

Change of Name

17/10/2012

New Board Member Mr P. Pels appointed

04/11/2011

New Company Secretary Mr R. Basu appointed

04/11/2011

New Board Member Mr R. Basu appointed

 


Previous Company Names

 

Date

Previous Name

06/09/2013

07832571 LIMITED

 

Statistics

 

Group

-

Linkages

0 companies

Countries

In 0 countries

 

Group structure

 

No group structure

 

Statistics

 

Group

0 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Exact CCJ Details

 

No CCJs found

 

Possible CCJs Details

 

There are no possible CCJ details

 

Writ Details

 

No writs found

Previous Director/Company Secretaries

 

No Previous Director Details

 

 

 

Average Invoice Value

n/a

Invoices available

n/a

Paid

n/a

Outstanding

n/a

 

 

 

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.09

UK Pound

1

Rs.99.85

Euro

1

Rs.82.58

                

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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

 

--

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.