|
Report Date : |
11.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
BONMARCHE LIMITED |
|
|
|
|
Formerly Known As : |
BLUEBIRD UK BIDCO LIMITED |
|
|
|
|
Registered Office : |
Jubilee Way Grange Moor |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
29.03.2014 |
|
|
|
|
Date of Incorporation : |
13.01.2012 |
|
|
|
|
Legal Form : |
Private Limited
With Share Capital |
|
|
|
|
Line of Business : |
·
Retail ·
Multi-Channel Retailer
of High Quality, Affordable, Womenswear and
Accessories, for the 50+ Year Old. It trade from 261 high street stores in
the |
|
|
|
|
No. of Employees : |
2803 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
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 |
NAME & COMPANY SUMMARY
BONMARCHE LIMITED
Company No: 07909526
Company Status: Active - Accounts Filed
Registered Address: Jubilee Way Grange
Moor Wakefield West Yorkshire WF 4 4SJ
Trading Address: Jubilee Way Grange Moor Wakefield West Yorkshire WF 4 4SJ
Website Address: http://www.bonmarche.co.uk
Telephone No.: 08452024490
Incorporation Date: 13.01.2012
Previous Name: Bluebird UK Bidco
Limited
Type: Private
Limited with Share Capital
Date of Change: 01.02.2012
Filing Date of Accounts: 26.06.2014
Currency: GBP
Share Capital: £ 132,059
SIC07: 47710
Principal Activity: Retail Sale of Clothing in Specialized Stores
Multi-Channel
Retailer of High Quality, Affordable, Womenswear and
Accessories, for the 50+ Year Old. It trade from 261 high street stores in the
UK. and a website.
DIRECTORS/MANAGEMENT
|
Total Current Directors |
2 |
|
Total Current Secretaries |
0 |
|
Total Previous Directors / Company
Secretaries |
2 |
Current Directors
|
Name |
Stephen Alexander Alldridge |
Date of Birth |
01/06/1966 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
20/01/2012 |
|
|
|
Address |
Jubilee Way Grange Moor, Wakefield, West Yorkshire, WF4 4SJ |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
|
View Trace Report |
|
|
|
Name |
Beth Janet Butterwick |
Date of Birth |
28/09/1965 |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
20/01/2012 |
|
|
|
Address |
Jubilee Way Grange Moor, Wakefield, West Yorkshire, WF4 4SJ |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
|
View Trace Report |
|
|
Current Company Secretary
Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Matthias Thorsten Philipp
Gundlach |
1 |
9 |
|
Paul David Daccus |
4 |
12 |
NEGATIVE INFORMATION
Mortgage Summary
·
Total Mortgage
·
5
·
Outstanding
·
4
·
Satisfied
·
1
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: |
26/09/12 |
|
|
|
Date Charge Registered: |
02/10/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
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: |
DEED OF CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
01/05/12 |
|
|
|
Date Charge Registered: |
09/05/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE
AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
THE CHARGE CREATES A FIXED CHARGE OVER ALL
THE DEPOSIT(S) REFERRED TO IN THE SCHEDULE TO THE FORM MG01 (INCLUDING ALL OR
ANY PART OF THE MONEY PAYABLE PURSUANTTO SUCH DEPOSIT(S) & THE DEBTS
REPRESENTED THEREBY) TOGETHER WITH ALL INTEREST FROM TIME TO TIME ACCRUING
THEREON. IT ALSO CREATES AN ASSIGNMENT BY THE CHARGORFOR THE PURPOSES OF
& TO GIVE EFFECT TOTHE SECURITY OVER THE RIGHT OF THE CHARGORTO REQUIRE
REPAYMENT OF SUCH DEPOSIT(S) & INTEREST THEREONBARCLAYS BANK PLC RE
BONMARCHE LIMITED BUSINESS PREMIUM ACCOUNT AC/NO 23717445 |
||
|
Mortgage Type: |
DEED OF CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
17/04/12 |
|
|
|
Date Charge Registered: |
21/04/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE CHARGE CREATES A FIXED CHARGE OVER ALL THE
DEPOSIT(S) REFERRED TO IN THE SCHEDULE TO THE FORM MG01 (INCLUDING ALL OR ANY
PART OF THE MONEY PAYABLE PURSUANTTO SUCH DEPOSIT(S) & THE DEBTS
REPRESENTED THEREBY) TOGETHER WITH ALL INTEREST FROM TIME TO TIME ACCRUING
THEREON. IT ALSO CREATES AN ASSIGNMENT BY THE CHARGORFOR THE PURPOSES OF
& TO GIVE EFFECT TOTHE SECURITY OVER THE RIGHT OF THE CHARGORTO REQUIRE
REPAYMENT OF SUCH DEPOSIT(S) & INTEREST THEREON BARCLAYS BANK PLCRE
BONMARCHE LIMITED BUSINESS PREMIUM ACCOUNT A/C NO 63151158 |
||
|
Mortgage Type: |
DEED OF CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
17/04/12 |
|
|
|
Date Charge Registered: |
21/04/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE CHARGE CREATES A FIXED CHARGE OVER ALL
THE DEPOSIT(S) REFERRED TO IN THE SCHEDULE TO THE FORM MG01 (INCLUDING ALL OR
ANY PART OF THE MONEY PAYABLE PURSUANTTO SUCH DEPOSIT(S) & THE DEBTS
REPRESENTED THEREBY) TOGETHER WITH ALL INTEREST FROM TIME TO TIME ACCRUING
THEREON. IT ALSO CREATES AN ASSIGNMENT BY THE CHARGORFOR THE PURPOSES OF
& TO GIVE EFFECT TOTHE SECURITY OVER THE RIGHT OF THE CHARGORTO REQUIRE
REPAYMENT OF SUCH DEPOSIT(S) & INTEREST THEREON BARCLAYS BANK PLCRE
BONMARCHE LIMITED USDOLLAR BUSINESSPREMIUM ACCOUNT ACCOUNT
NUMBER 89400266 |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
08/02/12 |
|
|
|
Date Charge Registered: |
21/08/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BLUEBIRD UK HOLDCO LIMITED; |
||
|
Amount Secured: |
|
||
|
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
SEE IMAGEFOR FULL DETAILS |
||
SHARE & SHARE CAPITAL INFORMATION
Top 20
Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
BLUEBIRD UK HOLDCO LTD |
GBP |
132,059 |
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 |
2847.37 |
|
Invoices available |
112 |
|
Paid |
77 |
|
Outstanding |
35 |
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 |
£2847.37 |
|
Invoices available |
112 |
|
Paid |
77 |
|
Outstanding |
35 |
|
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 |
23 |
26 |
19 |
7 |
2 |
|
Outstanding |
13 |
10 |
3 |
2 |
7 |
GROUP STRUCTURE & AFFILIATED COMPANIES
STATISTICS
|
Group |
6 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
SUMMARY
|
Holding Company |
BLUEBIRD UK HOLDCO LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
BM HOLDINGS MANAGEMENT SARL & PARTNERS |
GROUP STRUCTURE
|
Company Name |
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
BM HOLDINGS
MANAGEMENT S... |
N/A |
- |
- |
|
|
BONMARCHE
HOLDINGS PLC |
08638336 |
29.03.2014 |
Y |
£164,294,000 |
|
BLUEBIRD |
07909406 |
29.03.2014 |
N |
|
|
BLUEBIRD |
07909464 |
29.03.2014 |
N |
|
|
BONMARCHE
LIMITED |
07909526 |
29.03.2014 |
N |
£164,294,000 |
|
BLUEBIRD |
07918420 |
29.03.2014 |
N |
|
FINANCIAL INFORMATION
Profit & Loss
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Weeks |
52 |
(%) |
63 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Currency |
GBP |
(%) |
GBP |
(%) |
- |
(%) |
- |
(%) |
- |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
- |
(%) |
- |
(%) |
- |
|
Turnover |
£164,294,000 |
-3.5% |
£170,252,000 |
- |
- |
- |
- |
- |
- |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£124,516,000 |
-10.4% |
£138,979,000 |
- |
- |
- |
- |
- |
- |
|
Gross Profit |
£39,778,000 |
27.2% |
£31,273,000 |
- |
- |
- |
- |
- |
- |
|
Wages & Salaries |
£33,949,000 |
-5.3% |
£35,844,000 |
- |
- |
- |
- |
- |
- |
|
Directors Emoluments |
£641,000 |
10.3% |
£581,000 |
- |
- |
- |
- |
- |
- |
|
Operating Profit |
£9,698,000 |
-18.2% |
£11,854,000 |
- |
- |
- |
- |
- |
- |
|
Depreciation |
£1,905,000 |
11.8% |
£1,704,000 |
- |
- |
- |
- |
- |
- |
|
Audit Fees |
£20,000 |
-47.4% |
£38,000 |
- |
- |
- |
- |
- |
- |
|
Interest Payments |
£231,000 |
-82.5% |
£1,320,000 |
- |
- |
- |
- |
- |
- |
|
Pre Tax Profit |
£9,467,000 |
-10.1% |
£10,535,000 |
- |
- |
- |
- |
- |
- |
|
Taxation |
-£2,479,000 |
8.8% |
-£2,719,000 |
- |
- |
- |
- |
- |
- |
|
Profit After Tax |
£6,988,000 |
-10.6% |
£7,816,000 |
- |
- |
- |
- |
- |
- |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
£6,988,000 |
-10.6% |
£7,816,000 |
- |
- |
- |
- |
- |
- |
Balance Sheet
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Tangible Assets |
£10,341,000 |
39% |
£7,441,000 |
- |
- |
- |
- |
- |
- |
|
Intangible Assets |
0 |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Total Fixed Assets |
£10,341,000 |
39% |
£7,441,000 |
- |
- |
- |
- |
- |
- |
|
Stock |
£22,131,000 |
9.7% |
£20,183,000 |
- |
- |
- |
- |
- |
- |
|
Trade Debtors |
£1,466,000 |
29.8% |
£1,129,000 |
- |
- |
- |
- |
- |
- |
|
Cash |
£8,222,000 |
-2.7% |
£8,446,000 |
- |
- |
- |
- |
- |
- |
|
Other Debtors |
£13,038,000 |
5.8% |
£12,322,000 |
- |
- |
- |
- |
- |
- |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Total Current Assets |
£44,857,000 |
6.6% |
£42,080,000 |
- |
- |
- |
- |
- |
- |
|
Trade Creditors |
£21,162,000 |
16.6% |
£18,144,000 |
- |
- |
- |
- |
- |
- |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Other Short Term Finance |
£716,000 |
-88.1% |
£6,023,000 |
- |
- |
- |
- |
- |
- |
|
Miscellaneous Current Liabilities |
£15,172,000 |
4% |
£14,591,000 |
- |
- |
- |
- |
- |
- |
|
Total Current Liabilities |
£37,050,000 |
-4.4% |
£38,758,000 |
- |
- |
- |
- |
- |
- |
|
Bank Loans & Overdrafts and LTL |
£3,497,000 |
24.2% |
£2,815,000 |
- |
- |
- |
- |
- |
- |
|
Other Long Term Finance |
£322,000 |
- |
0 |
- |
0 |
- |
- |
- |
- |
|
Total Long Term Liabilities |
£3,497,000 |
24.2% |
£2,815,000 |
- |
- |
- |
- |
- |
- |
Capital & Reserves
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Called Up Share Capital |
£132,000 |
- |
£132,000 |
- |
- |
- |
- |
- |
- |
|
P & L Account Reserve |
£14,519,000 |
85.8% |
£7,816,000 |
- |
- |
- |
- |
- |
- |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£14,651,000 |
84.3% |
£7,948,000 |
- |
- |
- |
- |
- |
- |
Other Financial Items
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Net Worth |
£14,651,000 |
84.3% |
£7,948,000 |
- |
- |
- |
- |
- |
- |
|
Working Capital |
£7,807,000 |
135% |
£3,322,000 |
- |
- |
- |
- |
- |
- |
|
Total Assets |
£55,198,000 |
11.5% |
£49,521,000 |
- |
- |
- |
- |
- |
- |
|
Total Liabilities |
£40,547,000 |
-2.5% |
£41,573,000 |
- |
- |
- |
- |
- |
- |
|
Net Assets |
£14,651,000 |
84.3% |
£7,948,000 |
- |
- |
- |
- |
- |
- |
Cash Flow
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
29/03/14 |
(%) |
31/03/13 |
(%) |
- |
(%) |
- |
(%) |
- |
|
Contingent Liability |
YES |
- |
YES |
- |
- |
- |
- |
- |
- |
|
Capital Employed |
£18,148,000 |
68.6% |
£10,763,000 |
- |
- |
- |
- |
- |
- |
|
Number of Employees |
2803 |
-1.3% |
2839 |
- |
- |
- |
- |
- |
- |
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse
comments |
||||||||
|
Bankers |
BARCLAYS BANK PLC |
||||||||
|
Bank Branch Code |
20-18-27 |
||||||||
Ratios
|
Date Of Accounts |
29/03/14 |
31/03/13 |
- |
- |
- |
|
Pre-tax profit margin % |
5.76 |
6.19 |
- |
- |
- |
|
Current ratio |
1.21 |
1.09 |
- |
- |
- |
|
Sales/Net Working Capital |
21.04 |
51.25 |
- |
- |
- |
|
Gearing % |
23.90 |
35.40 |
- |
- |
- |
|
Equity in % |
26.50 |
16 |
- |
- |
- |
|
Creditor Days |
46.88 |
46.99 |
- |
- |
- |
|
Debtor Days |
3.24 |
2.92 |
- |
- |
- |
|
Liquidity/Acid Test |
0.61 |
0.56 |
- |
- |
- |
|
Return On Capital Employed % |
52.16 |
97.88 |
- |
- |
- |
|
Return On Total Assets Employed % |
17.15 |
21.27 |
- |
- |
- |
|
Current Debt Ratio |
2.52 |
4.87 |
- |
- |
- |
|
Total Debt Ratio |
2.76 |
5.23 |
- |
- |
- |
|
Stock Turnover Ratio % |
13.47 |
11.85 |
- |
- |
- |
|
Return on Net Assets Employed % |
64.61 |
132.54 |
- |
- |
- |
FOREIGN EXCHANGE RATES
Na
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
08/07/2014 |
New Accounts Filed |
|
08/07/2014 |
New Accounts Filed |
|
04/02/2014 |
Annual Returns |
|
24/06/2013 |
New Accounts Filed |
|
07/02/2013 |
Annual Returns |
|
03/02/2012 |
Change of Name |
|
26/01/2012 |
Change in Reg.Office |
|
26/01/2012 |
Change of Company Postcode |
|
25/01/2012 |
Mr P.D. Daccus has left the board |
|
25/01/2012 |
Mr M.T. Gundlach has left the board |
|
25/01/2012 |
New Board Member Ms B.J. Butterwick
appointed |
|
25/01/2012 |
New Board Member Mr
S.A. Alldridge appointed |
|
17/01/2012 |
New Board Member Mr
P.D. Daccus appointed |
|
17/01/2012 |
New Board Member Mr
M.T. Gundlach appointed |
Previous Company Names
|
Date |
Previous Name |
|
01/02/2012 |
BLUEBIRD UK BIDCO LIMITED |
NOTES & COMMENTS
COMMENTARY
|
No exact match CCJs
are recorded against the company. |
|
Net Worth increased by 84.3% during the
latest trading period. |
|
A 11.5% growth in Total Assets occurred during
the latest trading period. |
|
The company saw a decrease in their Cash
Balance of 2.7% 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 has changed its registered name
recently. |
|
The company was established over 2 years
ago. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.55 |
|
|
1 |
Rs.103.50 |
|
Euro |
1 |
Rs.82.41 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
TPT |
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.