MIRA INFORM REPORT

 

 

Report Date :

07.08.2014              

 

IDENTIFICATION DETAILS

 

Name :

EDALE LIMITED

 

 

Registered Office :

Unit 1 Lavenham Business Park, Solent Way Whitely, Fareham PO 15 7 FY

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

04.04.1972

 

 

Legal Form :

Private limited with share capital

 

 

Line of Business :

Manufacturers and dealers of label press machines

 

 

No. of Employees :

Not Available

 

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 – June 01, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

United Kingdom

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

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

REGISTERED NAME & COMPANY SUMMARY

·         Company Name:

·         EDALE LIMITED

·         Company No:

·         01048335

·         Company Status:

·         Active - Accounts Filed

·         Registered Address:

·         UNIT 1 LAVENHAM BUSINESS PARK SOLENT WAY WHITELEY FAREHAM PO15 7FY

 

 

DIRECTORS/MANAGEMENT

 

Total Current Directors

6

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

9

 

Current Directors

Name

John Andrew Grahame Barker

Date of Birth

18/07/1948

Officers Title

Mr

Nationality

British

Present Appointments

20

Function

Director

Appointment Date

25/01/1991

 

 

Address

Kings Head House, Itchel Lane Crondall, Farnham, Hampshire, GU10 5PR

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Bernhard Meinrad Grob

Date of Birth

20/10/1951

Officers Title

Mr

Nationality

Swiss

Present Appointments

4

Function

Director

Appointment Date

25/01/1991

 

 

Address

Kents Farm House, Nether Wallop, Stockbridge, Hampshire, SO20 8EQ

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

James Roger Boughton

Date of Birth

10/11/1972

Officers Title

Mr

Nationality

British

Present Appointments

3

Function

Director

Appointment Date

01/07/1999

 

 

Address

Flat 9 Queens Lodge, Highcroft Road, Winchester, Hampshire, SO22 5GT

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Stephen David Jordan

Date of Birth

10/07/1973

Officers Title

Mr

Nationality

British

Present Appointments

1

Function

Director

Appointment Date

01/07/1999

 

 

Address

130 Northfield Road, Ringwood, Hampshire, BH24 1SU

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Paul Barry Tupper

Date of Birth

23/03/1965

Officers Title

Mr

Nationality

British

Present Appointments

13

Function

Director

Appointment Date

30/04/2007

 

 

Address

2 Spicers, Alton, Hampshire, GU34 2SJ

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

 

Name

Daryl Finter

Date of Birth

22/12/1980

Officers Title

Mr

Nationality

British

Present Appointments

1

Function

Director

Appointment Date

01/03/2012

 

 

Address

7 Woodfield Avenue, Farlington, Portsmouth, Hampshire, PO6 1AN

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Current Company Secretary

Name

Paul Barry Tupper

Date of Birth

23/03/1965

Officers Title

Mr

Nationality

British

Present Appointments

13

Function

Company Secretary

Appointment Date

30/04/2007

 

 

Address

2 Spicers, Alton, Hampshire, GU34 2SJ

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

Susan Olive Parfitt

3

2

Philip Ernest Webb

32

25

George Ian Russell

0

2

Jeremy Christopher Sheath

0

2

Paul Robert Taylor

3

3

Michael Rodgers

7

15

Michael Rodgers

7

15

Adrian Morton

0

1

Jeremy Westcott

0

1

 

 

NEGATIVE INFORMATION

 

Mortgage Summary

·    Total Mortgage

·    13

·    Outstanding

·    1

·    Satisfied

·    12

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

No CCJs found

Possible CCJs Details

There are no possible CCJ details

Writ Details

No writs found

Mortgage Details

Mortgage Type:

DEBENTURE

Date Charge Created:

19/04/12

 

 

Date Charge Registered:

21/04/12

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

HSBC BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

CHARGE OF DEPOSIT

Date Charge Created:

30/03/11

 

 

Date Charge Registered:

01/04/11

 

 

Date Charge Satisfied:

19/10/12

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

 

Details:

ALL AMOUNTS NOW AND IN THE FUTURE CREDITED TO ACCOUNT NUMBER 45333254 WITH THE BANK

 

Mortgage Type:

CHARGE OF DEPOSIT

Date Charge Created:

30/03/11

 

 

Date Charge Registered:

01/04/11

 

 

Date Charge Satisfied:

19/10/12

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

 

Details:

ALL AMOUNTS NOW AND IN THE FUTURE CREDITED TO ACCOUNT NUMBER 550/01/48014923-NXNFRNKCEUR01 WITH THEBANK

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

17/05/04

 

 

Date Charge Registered:

28/05/04

 

 

Date Charge Satisfied:

19/10/12

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

 

Details:

UNITS 2 & 3 FERNACRE BUSINESS PARK BUDDS LANE ROMSEY HAMPSHIREBY WAY OF FIXED CHARGE THE BENEFIT OFALL COVENANTS AND RIGHTS CONCERNING THE PROPERTY AND PLANT MACHINERY FIXTURES FITTINGS FURNITURE EQUIPMENT IMPLEMENTS ANDUTENSILS THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY AND THE PROCEEDS OF ANY INSURANCE AFFECTING THE PROPERTY OR ASSETS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

10/10/02

 

 

Date Charge Registered:

18/10/02

 

 

Date Charge Satisfied:

19/10/12

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

 

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY

 

Mortgage Type:

DEBENTURE DEED

Date Charge Created:

07/01/97

 

 

Date Charge Registered:

10/01/97

 

 

Date Charge Satisfied:

27/12/02

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

LLOYDS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

06/07/88

 

 

Date Charge Registered:

19/07/88

 

 

Date Charge Satisfied:

20/04/00

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

THE ROYAL BANK OF SCOLTLAND PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

BY WAY OF A LEGAL MORTGAGE FIRSTLY ALL THAT L/HOLD PROPERTY SITUATE AT BUIDS LANE ROMSEY TEST VALLEYHAMPSHIRE AND SECONDLY ALL THAT F/HOLD LAND SITUATE N ROMSEY TEST VALLEY HAMPSHIRE FIXED CHARGE PLANT MACHINERY AND FIXTURES AND FITTINGS,FURNITURES EQUIPMENT IMPLEMENTS AND UTENSILS NOW OR IN THE FUTURE AT THE PROPERTY DESCRIBED ABOVE.

 

Mortgage Type:

COMPOSITE DEBENTURE

Date Charge Created:

04/12/87

 

 

Date Charge Registered:

17/12/87

 

 

Date Charge Satisfied:

27/09/01

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

BUTTERFLY LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL UNCALLED CAPITAL

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

31/07/86

 

 

Date Charge Registered:

04/08/86

 

 

Date Charge Satisfied:

20/04/00

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

LOMBARD NORTH CENTRAL PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

ALL THAT FREEHOLD LAND AND BUILDINGS HAVING A FRONTAGE TO BUDDS LANE, ROMSEY, HAMPSHIRE. TOGETHER WITH ALL FIXTURES WHATSOEVER NOW OR AT ANY TIME HEREAFTER AFFIXED OR ATTACHED TO THE PROPERTY OR ANY PART THEREOF OTHER THAN TRADE MACHINERY AS DEFINED BY SECTION 5 OF THE BILLS OF SALE ACT 1878

 

Mortgage Type:

DEBENTURE

Date Charge Created:

31/01/86

 

 

Date Charge Registered:

04/02/86

 

 

Date Charge Satisfied:

14/10/89

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

MYNSHUL TRUST LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H UNIT 10 INDUSTRIAL ESTATE DUCKINFIELD GREATER MANCHESTER T/N GM 255385 F/H UNIT 12 (FORMELY UNITK) TUDOR INDUSTRIAL ESTATE DUNKINFIELD, GREATER MANCHESTERT/N GM 1943171. A SPECIFIC EQUITABLE CHARGE OVERALL F/H & L/H PROPERTY FIXED & FLOATING CHARGE OVER UNDERDAKING AND ASSETS PRESENT AND FUTUREINCLUDING BOOK & OTHER DEBTS UNCALLED CAPITAL.

 

Mortgage Type:

DEBENTURE

Date Charge Created:

11/04/85

 

 

Date Charge Registered:

12/04/85

 

 

Date Charge Satisfied:

20/04/00

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

WILLIAMS & GLYN'S BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL FIXTURES FIXED PLANT AND MACHINERY

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

28/10/81

 

 

Date Charge Registered:

05/11/81

 

 

Date Charge Satisfied:

05/11/81

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

LOMBARD NORTH CENTRAL LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

PLOT OF LAND WITH BUILDINGS FORMING PART OF TUDOR INDUSTRIAL ESTATE ASHTON STREET, DUKINGFIELD TAMESIDE GREATER MANCHESTER TOGETHER WITH ALL FIXTURES WHATSOEVER NOW OR AT ANY TIME HEREAFTER AFFIXED ORATTACHED TO THE PROPERTY OR ANY PART THEREOF OTHER THAN TRADE MACHINERY AS DEFINED BY SECTION 5 OFTHE BILLS OF SALE ACT 1878.

 

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

30/05/80

 

 

Date Charge Registered:

04/06/80

 

 

Date Charge Satisfied:

04/06/80

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

UNIT 12 TUDOR INDUSTRIAL ESTATE DUKINFIELD, CHESHIRE GREATER MANCHESTER TITLE NO: GM 194317 FLOATINGCHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Top 20 Shareholders

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

BUTTERFLY HOLDINGS PLC

GBP

10,000

ORDINARY

1

100

 

 

PAYMENT INFORMATION

 

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade

0

Total Value of Documented Trade

£0

Trade Payment Information

Average Invoice Value

262.98

Invoices available

638

Paid

617

Outstanding

21

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

Average Invoice Value

£262.98

Invoices available

638

Paid

617

Outstanding

21

 

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

 

 

Within Terms

0-30 Days

31-60 Days

61-90 Days

91+ Days

Paid

136

438

20

8

15

Outstanding

3

5

1

1

11

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Statistics

Group

4 companies

Linkages

0 companies

Countries

In 0 countries

 

Summary

Holding Company

BUTTERFLY HOLDINGS PUBLIC LIMITED COMPANY

Ownership Status

Wholly Owned

Ultimate Holding Company

BUTTERFLY HOLDINGS PUBLIC LIMITED COMPANY

 

Group structure

Company Name

 

Registered Number

Latest Key Financials

Consol. Accounts

Rating

Limit

Turnover

BUTTERFLY HOLDINGS PUBLI...

 

01499098

31.12.2013

Y

69

£50,000

£6,693,350

LAVENHAM TRUST LIMITED...

 

00326897

31.12.2013

N

95

£100,000

£246,296

EDALE LIMITED

 

01048335

31.12.2013

N

95

£175,000

£6,428,785

EMPEROR LEISURE SERVIC...

 

01131238

31.12.2013

N

59

£1,000

£280,232

 

 

FINANCIAL INFORMATION

 

 

Profit & Loss

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

 

Weeks

52

(%)

52

(%)

52

(%)

78

(%)

52

 

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

 

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Turnover

£6,428,785

-1.6%

£6,531,236

-15.6%

£7,739,250

-8.3%

£8,440,074

70.2%

£4,959,913

Export

£3,974,243

-19%

£4,906,460

-24.7%

£6,513,093

-4.8%

£6,841,818

72.1%

£3,976,161

Cost of Sales

£4,662,427

1.8%

£4,580,987

-22.9%

£5,945,061

-2.2%

£6,077,213

112%

£2,866,569

Gross Profit

£1,766,358

-9.4%

£1,950,249

8.7%

£1,794,189

-24.1%

£2,362,861

12.9%

£2,093,344

Wages & Salaries

£1,482,917

-4.5%

£1,552,481

5%

£1,478,364

-16.1%

£1,762,833

42.2%

£1,239,430

Directors Emoluments

£398,027

-6.6%

£426,011

11.6%

£381,849

-23.9%

£501,982

35.7%

£369,966

Operating Profit

£153,994

-43.5%

£272,498

168.8%

£101,379

-72.7%

£371,109

41.3%

£262,598

Depreciation

£97,305

-12.9%

£111,674

10.8%

£100,808

-30.5%

£145,054

27.9%

£113,399

Audit Fees

£8,715

2.9%

£8,470

-13.4%

£9,785

-0.2%

£9,800

18.1%

£8,300

Interest Payments

£18,597

33.2%

£13,960

-15.1%

£16,449

-45.7%

£30,272

-18.3%

£37,050

Pre Tax Profit

£135,630

-47.6%

£258,900

198.3%

£86,795

-75.1%

£348,380

47.9%

£235,484

Taxation

£112,803

999.9%

-£3,982

-101.3%

£314,443

404.4%

-£103,299

-38.1%

-£74,816

Profit After Tax

£248,433

-2.5%

£254,918

-36.5%

£401,238

63.7%

£245,081

52.5%

£160,668

Dividends Payable

-

-

-

-100%

£25,000

-

£25,000

-47.4%

£47,500

Retained Profit

£248,433

-2.5%

£254,918

-32.2%

£376,238

71%

£220,081

94.5%

£113,168

 

 

Balance Sheet

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

Tangible Assets

£464,434

-13.3%

£535,890

-5.2%

£565,057

7.2%

£527,042

0.4%

£525,103

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£464,434

-13.3%

£535,890

-5.2%

£565,057

7.2%

£527,042

0.4%

£525,103

Stock

£2,183,212

11.5%

£1,958,890

-32.1%

£2,885,548

94.7%

£1,481,785

-12.8%

£1,698,867

Trade Debtors

£2,013,925

112.1%

£949,413

-44.1%

£1,697,428

121.6%

£765,947

147.5%

£309,416

Cash

£553,601

999.9%

£43,659

-74%

£167,978

-27.2%

£230,731

23.3%

£187,090

Other Debtors

£542,884

-11.1%

£610,789

-13.1%

£703,260

15.8%

£607,367

37.9%

£440,468

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£5,293,622

48.6%

£3,562,751

-34.7%

£5,454,214

76.8%

£3,085,830

17.1%

£2,635,841

Trade Creditors

£922,671

6.6%

£865,190

-38.5%

£1,407,186

95.8%

£718,830

13.9%

£631,058

Bank Loans & Overdrafts

£260,201

-9.9%

£288,760

-63%

£780,936

762.6%

£90,538

-54.7%

£199,857

Other Short Term Finance

£29,452

-45.3%

£53,799

-12.9%

£61,800

-68.7%

£197,253

91.3%

£103,091

Miscellaneous Current Liabilities

£1,931,377

290.9%

£494,054

-67.3%

£1,510,446

91.3%

£789,383

26.3%

£624,764

Total Current Liabilities

£3,143,701

84.7%

£1,701,803

-54.7%

£3,760,368

109.4%

£1,796,004

15.2%

£1,558,770

Bank Loans & Overdrafts and LTL

£404,840

-12.8%

£464,315

-56.7%

£1,073,474

238.3%

£317,274

-26.6%

£431,980

Other Long Term Finance

£12,852

-67.7%

£39,740

-32.9%

£59,254

23.1%

£48,118

46.5%

£32,854

Total Long Term Liabilities

£144,639

-17.6%

£175,555

-40%

£292,538

29%

£226,736

-2.3%

£232,123

 

Capital & Reserves

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

Called Up Share Capital

£10,000

-

£10,000

-

£10,000

-

£10,000

-

£10,000

P & L Account Reserve

£2,456,558

11.3%

£2,208,125

13.1%

£1,953,207

23.9%

£1,576,974

16.2%

£1,356,893

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

£3,158

-

£3,158

-

£3,158

-

£3,158

-

£3,158

Shareholder Funds

£2,469,716

11.2%

£2,221,283

13%

£1,966,365

23.7%

£1,590,132

16.1%

£1,370,051

 

Other Financial Items

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

Net Worth

£2,469,716

11.2%

£2,221,283

13%

£1,966,365

23.7%

£1,590,132

16.1%

£1,370,051

Working Capital

£2,149,921

15.5%

£1,860,948

9.9%

£1,693,846

31.3%

£1,289,826

19.8%

£1,077,071

Total Assets

£5,758,056

40.5%

£4,098,641

-31.9%

£6,019,271

66.6%

£3,612,872

14.3%

£3,160,944

Total Liabilities

£3,288,340

75.2%

£1,877,358

-53.7%

£4,052,906

100.4%

£2,022,740

12.9%

£1,790,893

Net Assets

£2,469,716

11.2%

£2,221,283

13%

£1,966,365

23.7%

£1,590,132

16.1%

£1,370,051

 

Cash Flow

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

Net Cashflow from Operations

-

-

-

-

-

-

-

-

£604,480

Net Cashflow before Financing

-

-

-

-

-

-

-

-100%

£518,266

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-£212,298

Increase in Cash

-

-

-

-

-

-

-

-

£305,968

 

Miscellaneous

 

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

30/06/09

 

Contingent Liability

YES

-

YES

-

YES

-

YES

-

YES

Capital Employed

£2,614,355

9.1%

£2,396,838

6.1%

£2,258,903

24.3%

£1,816,868

13.4%

£1,602,174

Number of Employees

40

-4.8%

42

16.7%

36

12.5%

32

-11.1%

36

 

Auditors

PM & M SOLUTIONS FOR BUSINESS LLP

 

Auditor Comments

The audit report contains no adverse comments

 

Bankers

 

 

Bank Branch Code

 

 

Ratios

 

Date Of Accounts

31/12/13

31/12/12

31/12/11

31/12/10

30/06/09

Pre-tax profit margin %

2.11

3.96

1.12

4.13

4.75

Current ratio

1.68

2.09

1.45

1.72

1.69

Sales/Net Working Capital

2.99

3.51

4.57

6.54

4.61

Gearing %

16.40

20.90

54.60

20

31.50

Equity in %

42.90

54.20

32.70

44

43.30

Creditor Days

52.24

48.21

66.18

46.50

46.31

Debtor Days

114.02

52.91

79.83

49.55

22.70

Liquidity/Acid Test

0.98

0.94

0.68

0.89

0.60

Return On Capital Employed %

5.18

10.80

3.84

19.17

14.69

Return On Total Assets Employed %

2.35

6.31

1.44

9.64

7.44

Current Debt Ratio

1.27

0.76

1.91

1.12

1.13

Total Debt Ratio

1.33

0.84

2.06

1.27

1.30

Stock Turnover Ratio %

33.95

29.99

37.28

17.55

34.25

Return on Net Assets Employed %

5.49

11.65

4.41

21.90

17.18

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Enquiries Trend

There have been 109 enquiries in the last 12 months.

There are an average of 9 reports taken each month.

 

 

3 MONTHS

6 MONTHS

9 MONTHS

Enquiries

9

36

72

 

Status History

No Status History found

Event History

Date

Description

27/05/2014

New Accounts Filed

08/02/2014

Annual Returns

08/07/2013

New Accounts Filed

08/07/2013

New Accounts Filed

09/02/2013

Annual Returns

28/12/2012

Mr J. Westcott has left the board

04/07/2012

New Accounts Filed

04/07/2012

New Accounts Filed

08/03/2012

New Board Member Mr D. Finter appointed

08/03/2012

New Board Member Mr J. Westcott appointed

10/02/2012

Annual Returns

06/07/2011

Mr A. Morton has left the board

27/06/2011

New Accounts Filed

27/06/2011

New Accounts Filed

28/02/2011

Change in Reg.Office

Previous Company Names

Date

Previous Name

23/05/1989

EDALE INVESTMENTS LIMITED

 

 

NOTES & COMMENTS

 

Commentary

No exact match CCJs are recorded against the company.

 

Sales in the latest trading period decreased 1.6% on the previous trading period.

 

Net Worth increased by 11.2% during the latest trading period.

 

 

A 40.5% growth in Total Assets occurred during the latest trading period.

 

Pre-tax profits decreased by 47.6% compared to the previous trading period.

 

The company saw an increase in their Cash Balance of 999.9% during the latest trading period.

 

The audit report contains no adverse comments.

 

No recent changes in directorship are recorded.

 

The company is part of a group.

 

The company was established over 42 years ago.

 

Show more

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.33

UK Pound

1

Rs.103.43

Euro

1

Rs.81.96

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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.