|
Report Date : |
20.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
ARCADIA GROUP BRANDS LTD. |
|
|
|
|
Registered Office : |
Colegrave House 70 Berners Street London, W1T 3NL |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
25.08.2012 |
|
|
|
|
Date of Incorporation : |
30.06.1971 |
|
|
|
|
Com. Reg. No.: |
01016191 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Subject is one of the leading privately owned clothing retailers |
|
|
|
|
No. of Employees : |
8,621 |
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 – 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
|
Arcadia Group Brands Ltd. |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Arcadia Group Brands Ltd. is one of the leading privately owned clothing retailers in the United Kingdom. The company designs, manufactures and supplies menswear, including knitted shirts, waistcoats, pants, trousers, jackets, T-shirts and undergarments. It also stocks and sells various nightwear, swimwear and knitwear. The company offers a range of women’s clothing, including printed tops, skirts and jeans in different sizes and colours. It additionally provides several boxer shorts, designer skirts and dresses in different fabrics. In addition, the company offers a number of leather bags, shoes, boots and jackets. |
|
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: |
|
|
||||||||||||||||||||||
Key IDSM Number: 44128018
Registered No.(UK): 01016191
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6350821
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6299049
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
London |
United Kingdom |
Clothing and Apparel Stores |
4,340.4 |
43,368 |
|
|
Subsidiary |
Bristol |
United Kingdom |
Banking |
0.0 |
25 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
209.7 |
2,044 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
263.6 |
2,623 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
UK Branch/Trading address |
Edinburgh |
United Kingdom |
Miscellaneous Store Retailers |
175 |
||
|
Subsidiary |
London |
United Kingdom |
||||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
222.7 |
880 |
|
|
Subsidiary |
Bromley |
United Kingdom |
Investment Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
1.1 |
51 |
|
|
Subsidiary |
Kowloon Bay, Kowloon |
Hong Kong |
Clothing and Apparel Wholesale |
40 |
||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Telecommunication Services |
68.8 |
30 |
|
|
Subsidiary |
London |
United Kingdom |
Spectator Sports |
2,047.0 |
||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
531.8 |
||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
24.1 |
||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
0.1 |
||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
123.3 |
31 |
|
|
Subsidiary |
Belfast |
United Kingdom |
0.0 |
|||
|
Subsidiary |
Belfast |
United Kingdom |
Nonclassifiable Establishments |
0.0 |
||
|
Subsidiary |
London |
United Kingdom |
Banking |
|||
|
Subsidiary |
London |
United Kingdom |
Holding Companies |
|||
|
Subsidiary |
London |
United Kingdom |
Clothing and Apparel Stores |
2,469.7 |
8,621 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
0.7 |
175 |
|
|
Subsidiary |
Bradford |
United Kingdom |
Miscellaneous Professional Services |
0.6 |
7 |
|
|
Subsidiary |
London |
United Kingdom |
Clothing and Apparel Stores |
1.2 |
||
|
Subsidiary |
London |
United Kingdom |
Banking |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|||
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Clothing and Apparel Stores |
462.2 |
6,382 |
|
|
Subsidiary |
Croydon |
United Kingdom |
Grocery Stores |
412.0 |
4,656 |
|
|
Subsidiary |
London |
United Kingdom |
Clothing and Apparel Stores |
367.7 |
4,575 |
|
|
Subsidiary |
London |
United Kingdom |
Clothing and Apparel Stores |
285.5 |
2,346 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
29.2 |
||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Banking |
|||
|
Subsidiary |
London |
United Kingdom |
Pensions and Funds |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Pensions and Funds |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
Nottingham |
United Kingdom |
Clothing and Apparel Stores |
91.6 |
7,074 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
|||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
Belfast |
United Kingdom |
Grocery Stores |
1,485.2 |
13,557 |
|
|
Subsidiary |
London |
United Kingdom |
Grocery Stores |
1,101.9 |
12,283 |
|
|
UK Branch/Trading address |
Brighton |
United Kingdom |
Miscellaneous Store Retailers |
1,101.9 |
175 |
|
|
UK Branch/Trading address |
Birmingham |
United Kingdom |
Grocery Stores |
1,101.9 |
125 |
|
|
UK Branch/Trading address |
Harrow |
United Kingdom |
Miscellaneous Store Retailers |
1,101.9 |
100 |
|
|
UK Branch/Trading address |
Chichester |
United Kingdom |
Grocery Stores |
1,101.9 |
90 |
|
|
UK Branch/Trading address |
Oxford |
United Kingdom |
Grocery Stores |
1,101.9 |
80 |
|
|
UK Branch/Trading address |
Swansea |
United Kingdom |
Grocery Stores |
1,101.9 |
40 |
|
|
UK Branch/Trading address |
Canterbury |
United Kingdom |
Grocery Stores |
1,101.9 |
30 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
3.3 |
||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
20.3 |
||
|
Subsidiary |
London |
United Kingdom |
Residential and Commercial Building Construction |
9.0 |
|
|
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
03 Feb 1965 |
46 Blackmoor Lane, Bardsey, |
01 May 2012 |
NA |
Current:48 |
||
|
Current |
27 Nov 1968 |
The Burton Business Park, Hudson Road, |
02 Mar 2011 |
NA |
Current:48 |
||
|
Current |
08 Jul 1973 |
Colegrave House 70 Berners Street, |
17 Oct 2007 |
NA |
Current:28 |
||
|
Current |
08 Dec 1971 |
102 Northwood Way, Northwood Hills, |
16 Aug 2006 |
NA |
Current:52 |
||
|
Current |
13 Feb 1965 |
Oak Cottage, The Street, |
14 Sep 2005 |
NA |
Current:52 |
||
|
Previous |
21 Oct 1953 |
25 Woodlea Drive, Meanwood, |
03 Oct 2000 |
25 Feb 2011 |
Current:1 |
||
|
Previous |
19 Jul 1961 |
116 Clarence Road, |
16 Dec 1994 |
16 Aug 2006 |
Current:12 |
||
|
Previous |
03 Feb 1962 |
Colegrave House 70 Berners Street, |
14 Sep 2005 |
10 Feb 2012 |
Current:2 |
||
|
Previous |
23 Jan 1952 |
Chantry Cliff, Warwicks Bench, |
01 Dec 1993 |
NA |
Current:8 |
||
|
Previous |
23 Aug 1952 |
The Old Orchard Burney Road, Westhumble, |
01 Mar 1993 |
20 Jan 1998 |
Current:0 |
||
|
Previous |
29 Jun 1934 |
11 The Laurels, Potten End, |
28 Jun 1992 |
16 Dec 1994 |
Current:0 |
||
|
Previous |
21 Mar 1966 |
4 Jenner Way, Clarendon Park, |
20 Jan 1998 |
17 Feb 2006 |
Current:21 |
||
|
Previous |
16 Apr 1960 |
14 Princes Avenue, Muswell Hill, |
20 Dec 1993 |
05 May 1994 |
Current:8 |
||
|
Previous |
20 Jun 1971 |
9 Rowallan Road, |
17 Feb 2006 |
29 May 2007 |
Current:3 |
||
|
Previous |
02 Aug 1946 |
Flat 11 Macready House, 75 Crawford Street, |
28 Jun 1992 |
14 Sep 2005 |
Current:12 |
||
|
|
|||||||
|
|
|||||||
|
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 |
Arcadia Group Limited Colegrave House, 70 Berners Street, |
18 Jul 2013 |
NA |
Current:1 |
||
|
Previous |
23 Aug 1952 |
The Old Orchard Burney Road, Westhumble, |
01 Mar 1993 |
20 Jan 1998 |
Current:0 |
||
|
Previous |
16 Aug 1959 |
9 Marquis Close, |
NA |
18 Aug 2000 |
Current:9 |
||
|
Previous |
NA |
34 Doulton Mews, West Hampstead, |
13 Nov 2008 |
01 Dec 2009 |
Current:1 |
||
|
Previous |
NA |
26 Falcon Grove, |
02 Feb 2010 |
27 Jun 2011 |
Current:0 |
||
|
Previous |
18 Sep 1972 |
12 Newry Road, |
04 Apr 2008 |
13 Nov 2008 |
Current:2 |
||
|
Previous |
NA |
154 Eastwood Road North, |
31 Mar 2005 |
31 Mar 2009 |
Current:0 |
||
|
Previous |
NA |
29 Bookerhill Road, |
01 Dec 2009 |
28 Jun 2013 |
Current:0 |
||
|
Previous |
02 Aug 1946 |
Flat 11 Macready House, 75 Crawford Street, |
18 Aug 2000 |
05 Sep 2000 |
Current:12 |
||
|
Previous |
NA |
7 Westminster Court, King & Queen Wharf Rotherhithe, |
05 Sep 2003 |
31 Mar 2005 |
Current:0 |
||
|
Previous |
01 Jan 1968 |
49 Rivulet Road, Tottenham, |
05 Sep 2000 |
05 Sep 2003 |
Current:1 |
||
|
|
|||||||
|
|
|||||||
|
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 |
|
00266758 |
100 Ordinary GBP 1.00 |
Ordinary |
100 |
1.00 |
100.00 |
100.00 |
|
|
25-Aug-2012 |
27-Aug-2011 |
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
|
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.635082 |
0.624109 |
0.639819 |
0.642791 |
0.502804 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
- |
- |
2,256.6 |
2,246.5 |
- |
|
Turnover (Exports) |
- |
- |
171.8 |
104.0 |
- |
|
Total Turnover |
2,469.7 |
2,473.0 |
2,428.4 |
2,350.5 |
2,914.7 |
|
Cost of Sales |
1,993.9 |
2,087.7 |
1,919.6 |
1,876.2 |
2,396.2 |
|
Gross Profit |
475.7 |
385.3 |
508.8 |
474.4 |
518.4 |
|
Depreciation |
40.0 |
0.6 |
38.5 |
37.8 |
50.8 |
|
Other Expenses |
113.6 |
122.4 |
116.8 |
103.1 |
122.2 |
|
Operating Profit |
362.1 |
- |
392.1 |
371.3 |
396.3 |
|
Other Income |
0.0 |
3.2 |
6.9 |
0.9 |
0.1 |
|
Interest Paid |
0.0 |
0.0 |
0.1 |
0.1 |
0.1 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
362.1 |
266.0 |
398.9 |
372.1 |
396.3 |
|
Tax Payable / Credit |
94.7 |
74.0 |
111.8 |
107.8 |
113.8 |
|
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 |
267.4 |
192.0 |
287.1 |
264.2 |
282.5 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Number of Employees |
8,621 |
8,885 |
21,094 |
21,391 |
- |
|
Wages |
323.0 |
330.8 |
321.3 |
318.1 |
409.7 |
|
Social Security Costs |
21.2 |
22.8 |
22.1 |
21.7 |
27.8 |
|
Pensions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
5.2 |
17.0 |
5.5 |
5.2 |
13.3 |
|
Employees Remuneration |
349.5 |
370.5 |
349.0 |
345.0 |
450.8 |
|
Directors Emoluments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Highest Paid Director |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
25-Aug-2012 |
27-Aug-2011 |
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
|
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.629905 |
0.616295 |
0.646266 |
0.613083 |
0.548261 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
1.7 |
1.7 |
2.1 |
2.3 |
4.3 |
|
Fixtures & Fittings |
123.3 |
147.0 |
146.7 |
152.1 |
147.7 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
125.0 |
148.8 |
148.8 |
154.4 |
152.0 |
|
Intangible Assets |
5.6 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
5.7 |
8.4 |
8.9 |
10.2 |
|
Total Fixed Assets |
130.5 |
154.5 |
157.2 |
163.3 |
162.2 |
|
Total Stocks Work In Progress |
172.8 |
172.0 |
144.9 |
143.4 |
156.8 |
|
Trade Debtors |
41.0 |
42.5 |
45.2 |
46.4 |
45.4 |
|
Inter-Company Debtors |
1,991.2 |
1,696.6 |
1,433.3 |
1,197.8 |
1,031.3 |
|
Director Loans |
0.0 |
- |
- |
0.0 |
0.0 |
|
Other Debtors |
19.3 |
14.4 |
15.5 |
18.5 |
24.7 |
|
Total Debtors |
2,051.5 |
1,753.5 |
1,494.0 |
1,262.7 |
1,101.4 |
|
Cash and Equivalents |
4.0 |
54.6 |
5.6 |
8.8 |
32.8 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
2,228.3 |
1,980.1 |
1,644.6 |
1,414.9 |
1,291.0 |
|
Total Assets |
2,358.8 |
2,134.6 |
1,801.8 |
1,578.2 |
1,453.1 |
|
Trade Creditors |
188.0 |
204.9 |
180.8 |
171.6 |
199.7 |
|
Bank Overdraft |
- |
- |
- |
0.0 |
0.6 |
|
Inter-Company Creditors |
0.0 |
0.0 |
8.7 |
9.1 |
6.9 |
|
Accruals/Deferred Income (Current Liability) |
60.5 |
57.2 |
60.9 |
68.8 |
59.2 |
|
Social Security/VAT |
57.6 |
58.4 |
51.8 |
45.3 |
59.1 |
|
Other Current Liabilities |
58.1 |
54.7 |
52.8 |
57.8 |
63.3 |
|
Total Current Liabilities |
364.2 |
375.2 |
354.9 |
352.6 |
388.7 |
|
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) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
50.4 |
47.8 |
0.0 |
0.0 |
3.7 |
|
Total Provisions |
50.4 |
47.8 |
0.0 |
0.0 |
3.7 |
|
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 |
1,944.3 |
1,711.7 |
1,446.9 |
1,225.5 |
1,060.6 |
|
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 |
1,944.3 |
1,711.7 |
1,446.9 |
1,225.5 |
1,060.6 |
|
Net Worth |
1,938.7 |
1,711.7 |
1,446.9 |
1,225.5 |
1,060.6 |
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
25-Aug-2012 |
27-Aug-2011 |
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
|
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.635082 |
0.624109 |
0.639819 |
0.642791 |
0.502804 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in: USD (mil) |
|
25-Aug-2012 |
27-Aug-2011 |
28-Aug-2010 |
29-Aug-2009 |
30-Aug-2008 |
|
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.629905 |
0.616295 |
0.646266 |
0.613083 |
0.548261 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
6.12 |
5.28 |
4.63 |
4.01 |
3.32 |
|
Liquidity Ratio |
5.64 |
4.82 |
4.23 |
3.61 |
2.92 |
|
Stock Turnover |
1,441.00 |
1,456.00 |
1,659.00 |
1,719.00 |
1,704.00 |
|
Credit Period (Days) |
602.00 |
620.00 |
687.00 |
687.00 |
620.00 |
|
Working Capital by Sales |
7,486.00% |
6,409.00% |
5,364.00% |
4,311.00% |
3,375.00% |
|
Trade Credit by Debtors |
458.00 |
482.00 |
400.00 |
370.00 |
440.00 |
|
Return on Capital |
1,830.00% |
1,531.00% |
2,730.00% |
3,183.00% |
3,414.00% |
|
Return on Assets |
1,548.00% |
1,262.00% |
2,192.00% |
2,472.00% |
2,501.00% |
|
Profit Margin |
1,466.00% |
1,076.00% |
1,643.00% |
1,583.00% |
1,360.00% |
|
Return on Shareholders Funds |
1,878.00% |
1,574.00% |
2,730.00% |
3,183.00% |
3,427.00% |
|
Borrowing Ratio |
0.00% |
0.00% |
60.00% |
74.00% |
71.00% |
|
Equity Gearing |
8,242.00% |
8,019.00% |
8,030.00% |
7,766.00% |
7,299.00% |
|
Interest Coverage |
- |
- |
709,014.00 |
478,342.00 |
553,486.00 |
|
Sales by Tangible Assets |
1,993.00 |
1,683.00 |
1,616.00 |
1,596.00 |
1,759.00 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Sales per Employee |
0.3 |
0.3 |
0.1 |
0.1 |
- |
|
Capital Employed per Employee |
0.2 |
0.2 |
0.1 |
0.1 |
- |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Total Assets per Employee |
0.3 |
0.2 |
0.1 |
0.1 |
- |
|
Employee Remuneration by Sales |
1,415.00% |
1,498.00% |
1,437.00% |
1,468.00% |
1,547.00% |
|
Creditor Days (Cost of Sales Based) |
3,413.00 |
3,537.00 |
3,472.00 |
3,184.00 |
3,316.00 |
|
Creditor Days (Sales Based) |
2,756.00 |
2,986.00 |
2,745.00 |
2,541.00 |
2,726.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.12 |
|
|
1 |
Rs.103.93 |
|
Euro |
1 |
Rs.85.17 |
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.