MIRA INFORM REPORT
|
Report Date : |
21.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
TANCIA LIMITED |
|
|
|
|
Registered Office : |
Charles Lake House, Claire Causeway,
Dartford, Da2 6qa |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.05.2012 |
|
|
|
|
Date of Incorporation : |
08.09.1994 |
|
|
|
|
Com. Reg. No.: |
02966120 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
trader & supplier of specialist printed pens and complementary promotional products, including promotional crayons and promotional pencils. |
|
|
|
|
No. of Employees : |
Not Available |
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 – 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 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 |
Company
name & address
|
Company Name: |
TANCIA LIMITED |
|
Company No: |
02966120 |
|
Registered Address: |
|
CHARLES LAKE HOUSE |
|
CLAIRE CAUSEWAY |
|
DARTFORD |
|
DA2 6QA |
Company
summary
|
Company Name |
TANCIA LIMITED |
Company Number |
02966120 |
|
Registered Address |
CHARLES LAKE HOUSE |
Trading Address |
2-4 Mount
Pleasant Road |
|
Website Address |
|||
|
Telephone Number |
- |
||
|
TPS |
- |
||
|
Incorporation Date |
08/09/1994 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
Type |
Private limited with Share Capital |
|
|
Date of Change |
- |
Filing Date of Accounts |
08/02/2013 |
|
|
|
Share Capital |
£579,292 |
|
SIC03 |
7487 |
Currency |
GBP |
|
SIC03 Description |
Other business activities |
||
|
SIC07 |
82990 |
||
|
SIC07 Description |
OTHER BUSINESS SUPPORT SERVICE ACTIVITIES N.E.C. |
||
|
Principal Activity |
trader &
supplier of specialist printed pens
and complementary promotional products, including promotional crayons and
promotional pencils. |
||
Commentary
|
No exact match CCJs are recorded against the company. |
|
|
There is insufficient data to indicate a change in this company's percentage
of sales. |
|
|
Net Worth increased by 17.2% during the latest trading period. |
|
|
A 12.2% growth in Total Assets occurred during the latest trading period. |
|
|
There is insufficient data to indicate a change in this company's
pre-tax profit. |
|
|
The company saw a decrease in their Cash Balance of 46.9% 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 movement in accumulated earnings would indicate that the company
made a profit after tax and other appropriations, including dividends. |
|
|
The company has changed its registered address recently. |
|
|
The company was established over 19 years ago. |
|
Key
Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder Funds |
Employees |
|
31/05/2012 |
- |
- |
£2,079,808 |
- |
|
31/05/2011 |
- |
- |
£1,775,050 |
- |
|
31/05/2010 |
- |
- |
£1,585,038 |
- |
Payment
Information Summary
|
Days Beyond
Terms |
Trend Indicator |
Average
Payment Experience |
|||||
|
Steady Improving Worsening |
Be the first to
leave a payment experience
|
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 |
3 |
|
Satisfied |
4 |
|
Total Current Directors |
2 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
6 |
Current
Directors
|
Name |
Date of Birth |
24/10/1952 |
|
|
Officers Title |
Mr |
Nationality |
Irish |
|
Present Appointments |
11 |
Function |
Director |
|
Appointment Date |
09/09/1994 |
||
|
Address |
Treen St Marys Road, Ash Vale, Aldershot, Hampshire, GU12 5JD |
||
|
Name |
Date of Birth |
30/11/1966 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
30/08/2005 |
||
|
Address |
Treen St Marys Road, Ash Vale, Aldershot, Hampshire, GU12 5JD |
||
Current
Company Secretary
|
Name |
Date of Birth |
05/01/1957 |
|
|
Officers Title |
Mr |
Nationality |
Irish |
|
Present Appointments |
7 |
Function |
Company Secretary |
|
Appointment Date |
29/06/1999 |
||
|
Address |
14a Lower Lane, Chinley, High Peak, Derbyshire, SK23 6BD |
||
Top
20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
TANCIA (HOLDINGS) LTD |
GBP |
579,292 |
ORDINARY |
1 |
100 |
Profit
& Loss
|
Date Of Accounts |
31/05/12 |
|
31/05/11 |
|
31/05/10 |
|
31/05/09 |
|
31/05/08 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
GBP |
|
GBP |
|
GBP |
|
GBP |
|
GBP |
|
Consolidated A/cs |
N |
|
N |
|
N |
|
N |
|
N |
|
Turnover |
- |
|
- |
|
- |
|
- |
|
- |
|
Export |
- |
|
- |
|
- |
|
- |
|
- |
|
Cost of Sales |
- |
|
- |
|
- |
|
- |
|
- |
|
Gross Profit |
- |
|
- |
|
- |
|
- |
|
- |
|
Wages & Salaries |
- |
|
- |
|
- |
|
- |
|
- |
|
Directors Emoluments |
- |
|
- |
|
- |
|
- |
|
- |
|
Operating Profit |
- |
|
- |
|
- |
|
- |
|
- |
|
Depreciation |
£77,996 |
|
£72,108 |
|
£69,276 |
|
£73,042 |
|
£54,890 |
|
Audit Fees |
- |
|
- |
|
- |
|
- |
|
- |
|
Interest Payments |
- |
|
- |
|
- |
|
- |
|
- |
|
Pre Tax Profit |
- |
|
- |
|
- |
|
- |
|
- |
|
Taxation |
- |
|
- |
|
- |
|
- |
|
- |
|
Profit After Tax |
- |
|
- |
|
- |
|
- |
|
- |
|
Dividends Payable |
- |
|
- |
|
- |
|
- |
|
- |
|
Retained Profit |
- |
|
- |
|
- |
|
- |
|
- |
Balance
Sheet
|
Date Of Accounts |
31/05/12 |
|
31/05/11 |
|
31/05/10 |
|
31/05/09 |
|
31/05/08 |
|
Tangible Assets |
£1,602,381 |
|
£1,496,504 |
|
£1,019,197 |
|
£1,017,260 |
|
£1,069,518 |
|
Intangible Assets |
0 |
|
0 |
|
0 |
|
0 |
|
£7,850 |
|
Total Fixed Assets |
£1,602,381 |
|
£1,496,504 |
|
£1,019,197 |
|
£1,017,260 |
|
£1,077,368 |
|
Stock |
£663,583 |
|
£472,972 |
|
£384,734 |
|
£472,078 |
|
£622,031 |
|
Trade Debtors |
£1,188,375 |
|
£1,027,370 |
|
£973,727 |
|
£832,285 |
|
£962,584 |
|
Cash |
£81,455 |
|
£153,334 |
|
£185,079 |
|
£145,534 |
|
£3,564 |
|
Other Debtors |
0 |
|
0 |
|
£35,502 |
|
0 |
|
0 |
|
Miscellaneous Current Assets |
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
Total Current Assets |
£1,933,413 |
|
£1,653,676 |
|
£1,579,042 |
|
£1,449,897 |
|
£1,588,179 |
|
Trade Creditors |
£945,080 |
|
£1,178,276 |
|
£845,472 |
|
£837,268 |
|
£762,080 |
|
Bank Loans & Overdrafts |
0 |
|
0 |
|
0 |
|
0 |
|
£304,344 |
|
Other Short Term Finance |
0 |
|
£38,283 |
|
£8,578 |
|
£22,975 |
|
£45,293 |
|
Miscellaneous Current Liabilities |
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
Total Current Liabilities |
£945,080 |
|
£1,216,559 |
|
£854,050 |
|
£860,243 |
|
£1,111,717 |
|
Bank Loans & Overdrafts and LTL |
£510,906 |
|
£158,571 |
|
£159,151 |
|
£209,691 |
|
£593,531 |
|
Other Long Term Finance |
£161,500 |
|
0 |
|
0 |
|
0 |
|
0 |
|
Total Long Term Liabilities |
£510,906 |
|
£158,571 |
|
£159,151 |
|
£209,691 |
|
£289,187 |
Capital
& Reserves
|
Date Of Accounts |
31/05/12 |
|
31/05/11 |
|
31/05/10 |
|
31/05/09 |
|
31/05/08 |
|
Called Up Share Capital |
£579,292 |
|
£579,292 |
|
£579,292 |
|
£579,292 |
|
£579,292 |
|
P & L Account Reserve |
£1,374,834 |
|
£1,070,076 |
|
£880,064 |
|
£692,249 |
|
£559,669 |
|
Revaluation Reserve |
£125,682 |
|
£125,682 |
|
£125,682 |
|
£125,682 |
|
£125,682 |
|
Sundry Reserves |
- |
|
- |
|
- |
|
- |
|
- |
|
Shareholder Funds |
£2,079,808 |
|
£1,775,050 |
|
£1,585,038 |
|
£1,397,223 |
|
£1,264,643 |
Other
Financial Items
|
Date Of Accounts |
31/05/12 |
|
31/05/11 |
|
31/05/10 |
|
31/05/09 |
|
31/05/08 |
|
Net Worth |
£2,079,808 |
|
£1,775,050 |
|
£1,585,038 |
|
£1,397,223 |
|
£1,256,793 |
|
Working Capital |
£988,333 |
|
£437,117 |
|
£724,992 |
|
£589,654 |
|
£476,462 |
|
Total Assets |
£3,535,794 |
|
£3,150,180 |
|
£2,598,239 |
|
£2,467,157 |
|
£2,665,547 |
|
Total Liabilities |
£1,455,986 |
|
£1,375,130 |
|
£1,013,201 |
|
£1,069,934 |
|
£1,400,904 |
|
Net Assets |
£2,079,808 |
|
£1,775,050 |
|
£1,585,038 |
|
£1,397,223 |
|
£1,264,643 |
Miscellaneous
|
Date Of Accounts |
31/05/12 |
|
31/05/11 |
|
31/05/10 |
|
31/05/09 |
|
31/05/08 |
|
Contingent Liability |
NO |
|
NO |
|
NO |
|
NO |
|
NO |
|
Capital Employed |
£2,590,714 |
|
£1,933,621 |
|
£1,744,189 |
|
£1,606,914 |
|
£1,553,830 |
|
Number of Employees |
- |
|
- |
|
- |
|
- |
|
- |
|
Auditors |
BARNES ROFFE LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
ALLIED IRISH BANK |
||||||||
|
Bank Branch Code |
|||||||||
Ratios
|
Date Of Accounts |
31/05/12 |
31/05/11 |
31/05/10 |
31/05/09 |
31/05/08 |
|
Pre-tax profit margin % |
- |
- |
- |
- |
- |
|
Current ratio |
2.05 |
1.36 |
1.85 |
1.69 |
1.43 |
|
Sales/Net Working Capital |
- |
- |
- |
- |
- |
|
Gearing % |
24.60 |
8.90 |
10 |
15 |
46.90 |
|
Equity in % |
58.80 |
56.30 |
61 |
56.60 |
47.60 |
|
Creditor Days |
- |
- |
- |
- |
- |
|
Debtor Days |
- |
- |
- |
- |
- |
|
Liquidity/Acid Test |
1.34 |
0.97 |
1.39 |
1.13 |
0.86 |
|
Return On Capital Employed % |
- |
- |
- |
- |
- |
|
Return On Total Assets Employed % |
- |
- |
- |
- |
- |
|
Current Debt Ratio |
0.45 |
0.68 |
0.53 |
0.61 |
0.87 |
|
Total Debt Ratio |
0.70 |
0.77 |
0.63 |
0.76 |
1.10 |
|
Stock Turnover Ratio % |
- |
- |
- |
- |
- |
|
Return on Net Assets Employed % |
- |
- |
- |
- |
- |
Status
History
|
No Status History found |
Event
History
|
Date |
Description |
|
18/10/2013 |
Annual Returns |
|
04/07/2013 |
Change in Reg.Office |
|
04/07/2013 |
Change of Company Postcode |
|
15/02/2013 |
New Accounts Filed |
|
01/10/2012 |
Annual Returns |
|
06/03/2012 |
New Accounts Filed |
|
06/03/2012 |
New Accounts Filed |
|
05/10/2011 |
Change in Reg.Office |
|
05/10/2011 |
Annual Returns |
|
25/02/2011 |
New Accounts Filed |
|
25/02/2011 |
New Accounts Filed |
|
09/11/2010 |
Change in Reg.Office |
|
09/11/2010 |
Change of Company Postcode |
|
15/10/2010 |
Annual Returns |
|
09/03/2010 |
New Accounts Filed |
Previous
Company Names
|
No Previous Names found |
Statistics
|
Group |
2 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
TANCIA (HOLDINGS) LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
TANCIA (HOLDINGS) LIMITED |
Group
structure
|
Company Name |
Registered Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
|
|
|
07198683 |
31.05.2012 |
N |
|
|
|
|
02966120 |
31.05.2012 |
N |
Statistics
|
Group |
2 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 |
Mortgage
Details
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
13/07/11 |
||
|
Date Charge Registered: |
20/07/11 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
SVENSKA HANDELSBANKEN AB (PUBL) |
||
|
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 SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
13/07/11 |
||
|
Date Charge Registered: |
20/07/11 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
SVENSKA HANDELSBANKEN AB (PUBL) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
MOUNT PLEASANT BUSINESS CENTRE 2-4 MOUNT
PLEASANT ROAD ALDERSHOT HAMPSHIRE T/NOHP527123 ALL PLANT AND MACHINERY OWNED BY
THE BORROWER AND ITS INTEREST IN ANY PLANT AND MACHINERY. ALL FIXTURES AND
FITTINGS ALL OTHER CHATTELS AND ALL BENEFITS IN RESPECT OF THE INSURANCES
INCLUDING CLAIMS AND THE REFUND OF ANY PREMIUMS |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
13/07/11 |
||
|
Date Charge Registered: |
20/07/11 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
SVENSKA HANDELSBANKEN AB (PUBL) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
UNIT 7 REDAN HILL ESTATE REDAN ROAD
ALDERSHOT HAMPSHIRE T/NO HP516871 ALL PLANT AND MACHINERY OWNEDBY THE
BORROWER AND ITS INTEREST IN ANY PLANT AND MACHINERY. ALL FIXTURES AND
FITTINGS ALL OTHER CHATTELS AND ALL BENEFITS IN RESPECT OF THE INSURANCES
INCLUDING CLAIMS AND THE REFUND OF ANY PREMIUMS |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
20/10/04 |
||
|
Date Charge Registered: |
22/08/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
AIB GROUP (UK) PLC; |
||
|
Amount Secured: |
|||
|
Details: |
F/H 9 THE WREKIN FARNBOROUGH T/NO
HP551343BY WAY OF SPECIFIC CHARGE THE GOODWILL AND CONNECTION OF THE BUSINESS
OR BUSINESSES AND ALSO BY WAY OF FLOATING SECURITY ALL MOVEABLE PLANT
MACHINERY IMPLEMENTS FURNITURE EQUIPMENT STOCK-IN-TRADE WORK IN PROGRESS AND
OTHER CHATTELS |
||
|
Mortgage Type: |
MORTGAGE DEBENTURE |
||
|
Date Charge Created: |
27/02/03 |
||
|
Date Charge Registered: |
22/08/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
AIB GROUP (UK) P.L.C.; |
||
|
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 MACHINERYSEE THE
MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
30/06/99 |
||
|
Date Charge Registered: |
19/07/99 |
||
|
Date Charge Satisfied: |
18/11/10 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
GRAFITEC LIMITED |
||
|
Amount Secured: |
|||
|
Details: |
THE F/H PROPERTY K/A 2-4 MOUNT
PLEASANTROAD ALDERSHOT T/N HP527123FIXED 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: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
08/11/96 |
||
|
Date Charge Registered: |
22/08/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
AIB GROUP (UK) P.L.C.; |
||
|
Amount Secured: |
|||
|
Details: |
F/HOLD PROPERTY KNOWN AS 2/4 MOUNT
PLEASANT RD,ALDERSHOT HAMPSHIRE; THE GOODWILL OF BUSINESSFLOATING CHARGE OVER
ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
Creditor
Details
|
No Creditor Data |
||
|
Total Value |
- |
|
Trade
Debtors / Bad Debt Detail
|
No Debtor Data |
|
|
Total Value |
- |
Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
11 |
1 |
|
|
1 |
1 |
|
|
2 |
1 |
|
|
2313 |
56636 |
|
|
2313 |
56636 |
|
|
1020 |
28334 |
|
Average Invoice Value |
£565.71 |
|
Invoices available |
7 |
|
Paid |
7 |
|
Outstanding |
0 |
|
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 |
2 |
3 |
1 |
1 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.28 |
|
UK Pound |
1 |
Rs.103.84 |
|
Euro |
1 |
Rs.85.70 |
INFORMATION DETAILS
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.