|
Report Date : |
03.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
JOHN ATTWOOLL AND COMPANY (TENTS) LIMITED |
|
|
|
|
Registered Office : |
Whitminster Lodge Whitminster Gloucestershire Gl2 7lx |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
27.04.1964 |
|
|
|
|
Com. Reg. No.: |
00802641 |
|
|
|
|
Legal Form : |
Private limited with Share |
|
|
|
|
Line of Business : |
Manufacture of other textiles |
|
|
|
|
No. of Employees |
Not Available |
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 : |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
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 |
Company Name: JOHN ATTWOOLL AND COMPANY (TENTS) LIMITED
Company No: 00802641
Registered Address : WHITMINSTER LODGE
WHITMINSTER
GLOUCESTERSHIRE
GL2 7LX
Registered Address WHITMINSTER LODGE
WHITMINSTER
GLOUCESTERSHIRE
GL2 7LX
Trading Address Whitminster Lodge
Whitminster
Gloucester
Gloucestershire
GL2 7LX
Website Address http://www.attwoolls.co.uk
Telephone Number 01452742233
TPS Yes
FPS No
Incorporation Date 27/04/1964
Type Private limited with Share
Date of Change –
Filing Date of Accounts 21/09/2013
Currency GBP
Share Capital £302
SIC07 13990
SIC07 Description MANUFACTURE OF OTHER TEXTILES N.E.C.
Principal Activity Production, hire and sales of tenting and camping goods.
Year to Date Turnover Pre
Tax Profit Shareholder Funds Employees
31/12/2012 £6,055,291 - £114,829 £975,274 -
31/12/2011 £6,454,697 £423,871 £1,069,138 110
31/12/2010 £6,156,973 £200,130 £767,104 113
No exact match CCJs are recorded against the company.
Sales in the latest trading period decreased 6.2% on the previous trading period.
Net Worth decreased by 8.8% during the latest trading period.
A 10.3% decline in Total Assets occurred during the latest trading period.
Pre-tax profits decreased by 127.1% compared to the previous trading period.
The company saw a decrease in their Cash Balance of 58.3% during the latest trading period.
The audit report contains no adverse comments.
The company has undergone recent changes in its directorships.
The company is part of a group.
The company was established over 50 years ago.
Total Current Directors 3
Total Current Secretaries 1
Total Previous Directors / Company
Secretaries 3
|
Name |
John
Anthony Attwooll |
Date of
Birth |
24/03/1956 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
15/06/1991 |
|
|
|
Address |
The Coach House,
Elmore, Gloucester, Gloucestershire, GL2 3NT |
|
|
|
Other Actions |
View
Director Report |
View
Consumer Report |
|
|
|
|
|
|
|
Name |
Nigel
Philip Attwooll |
Date of
Birth |
18/03/1958 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
15/06/1991 |
|
|
|
Address |
Waterend
House, Longney, Gloucestershire, GL2 4SS |
|
|
|
Other Actions |
View
Director Report |
View
Consumer Report |
|
|
|
|
|
|
|
Name |
Heather Jane
Attwooll |
Date of
Birth |
18/11/1959 |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
7 |
Function |
Director |
|
Appointment Date |
23/12/1997 |
|
|
|
Address |
Puck Pool High
Street, Arlingham, Gloucester, Gloucestershire, GL2 7JN |
||
|
Name |
Heather
Jane Attwooll |
Date of
Birth |
- |
|
Officers Title |
Ms |
Nationality |
|
|
Present Appointments |
1 |
Function |
Company
Secretary |
|
Appointment Date |
18/02/2014 |
|
|
Name Currency
Share Count Share Type Nominal
Value
ATTWOOLL HOLDINGS LTD GBP
30,212 ORDINARY 0.01
|
Date Of Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£6,055,291 |
-6.2% |
£6,454,697 |
4.8% |
£6,156,973 |
-5.6% |
£6,523,607 |
-1.7% |
£6,634,923 |
|
Export - - - - - - - - - |
|||||||||
|
Cost
of Sales |
£3,997,891 |
-4.4% |
£4,181,510 |
2.6% |
£4,077,035 |
-4.5% |
£4,270,212 |
0.2% |
£4,261,479 |
|
Gross
Profit |
£2,057,400 |
-9.5% |
£2,273,187 |
9.3% |
£2,079,938 |
-7.7% |
£2,253,395 |
-5.1% |
£2,373,444 |
|
Wages & Salaries |
- |
- |
£2,250,409 |
-0.5% |
£2,262,280 |
-5.2% |
£2,386,548 |
-5.5% |
£2,524,334 |
|
Directors Emoluments |
£150,000 |
- |
£150,000 |
- |
£150,000 |
- |
£150,000 |
- |
£150,000 |
|
Operating Profit |
-£116,816 |
-128.1% |
£414,996 |
108.4% |
£199,120 |
164.6% |
£75,243 |
-58.4% |
£181,071 |
|
Depreciation |
£265,803 |
-4% |
£277,020 |
-6% |
£294,614 |
-11.6% |
£333,233 |
10.1% |
£302,605 |
|
Audit
Fees |
£13,500 |
- |
£13,500 |
- |
£13,500 |
0.6% |
£13,425 |
19.1% |
£11,275 |
|
Interest - - - - - - - - - Payments |
|||||||||
|
Pre Tax Profit |
-£114,829 |
-127.1% |
£423,871 |
111.8% |
£200,130 |
159.6% |
£77,089 |
-65.1% |
£220,821 |
|
Taxation |
£28,809 |
125.3% |
-£113,993 |
-181.5% |
-£40,494 |
-92.7% |
-£21,009 |
68.3% |
-£66,194 |
|
Profit
After Tax |
-£86,020 |
-127.8% |
£309,878 |
94.1% |
£159,636 |
184.7% |
£56,080 |
-63.7% |
£154,627 |
|
Dividends QlJIJ Payable |
£7,844 |
- |
£7,844 |
- |
£7,844 |
-98.5% |
£526,287 |
-48.7% |
£1,026,287 |
|
Retained Profit |
-£93,864 |
-131.1% |
£302,034 |
99% |
£151,792 |
132.3% |
-£470,207 |
46.1% |
-£871,660 |
|
Date Of Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Tangible
Assets |
£584,097 |
7.9% |
£541,151 |
-7.1% |
£582,526 |
-9.5% |
£643,952 |
-18.1% |
£786,150 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£584,097 |
7.9% |
£541,151 |
-7.1% |
£582,526 |
-9.5% |
£643,952 |
-18.1% |
£786,150 |
|
Stock |
£935,952 |
3.4% |
£905,477 |
0.7% |
£899,613 |
5.6% |
£852,202 |
-0.7% |
£858,521 |
|
Trade
Debtors |
£452,999 |
-26.4% |
£615,612 |
14.2% |
£539,016 |
67.8% |
£321,171 |
-40.4% |
£539,262 |
|
Cash |
£175,660 |
-58.3% |
£421,352 |
328.2% |
£98,401 |
-63.8% |
£271,674 |
7.5% |
£252,685 |
|
Other
Debtors |
£130,951 |
122.9% |
£58,740 |
-15% |
£69,067 |
-6.5% |
£73,857 |
-12.2% |
£84,107 |
|
Miscellaneous Current
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£1,695,562 |
-15.3% |
£2,001,181 |
24.6% |
£1,606,097 |
5.7% |
£1,518,904 |
-12.4% |
£1,734,575 |
|
Trade Creditors |
£167,398 |
0.8% |
£166,088 |
-24.3% |
£219,394 |
24% |
£176,964 |
47.9% |
£119,684 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£971,691 |
1.4% |
£958,617 |
0.4% |
£954,972 |
-15.8% |
£1,134,016 |
10.6% |
£1,025,157 |
|
Miscellaneous |
|
|
|
|
|
|
|
|
|
|
Current |
£165,296 |
-52.6% |
£348,489 |
41% |
£247,153 |
4.5% |
£236,564 |
-18.5% |
£290,365 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total Current Liabilities |
£1,304,385 |
-11.5% |
£1,473,194 |
3.6% |
£1,421,519 |
-8.1% |
£1,547,544 |
7.8% |
£1,435,206 |
|
ank Loans & |
|
|
|
|
|
|
|
|
|
|
Overdrafts and |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
LTL |
|
|
|
|
|
|
|
|
|
|
Other Long Term Finance |
0 |
- |
|
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term |
0 |
|
|
|
0 |
|
0 |
|
0 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Date Of Accounts |
31/12/12 (%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Contingent Liability |
NO - |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£975,274 -8.8% |
£1,069,138 |
39.4% |
£767,104 |
24.7% |
£615,312 |
-43.3% |
£1,085,519 |
|
Number of Employees |
- - |
110 |
-2.7% |
113 |
-3.4% |
117 |
-11.4% |
132 |
|
Auditors |
HAZLEWOODS LLP |
|
|
|
|
|
|
|
|
Auditor Comments |
The audit report contains no adverse comments |
|
|
|
|
|
||
|
Bankers |
HSBC BANK PLC |
|
|
|
|
|
|
|
Date Of
Accounts 31/12/12 (%)
31/12/11 (%) 31/12/10
(%) 31/12/09 (%) 31/12/08
Net Worth £975,274 -8.8%
£1,069,138 39.4% £767,104
24.7% £615,312 -43.3%
£1,085,519
Working
Capital £391,177 -25.9%
£527,987 186.1% £184,578
744.5% -£28,640 -109.6%
£299,369
Total Assets £2,279,659 -10.3%
£2,542,332 16.2% £2,188,623
1.2% £2,162,856 -14.2% £2,520,725
Total
Liabilities £1,304,385 -11.5%
£1,473,194 3.6% £1,421,519
-8.1% £1,547,544 7.8%
£1,435,206
Net Assets £975,274 -8.8%
£1,069,138 39.4% £767,104
24.7% £615,312 - 43.3%
£1,085,519
Date Of
Accounts 31/12/12
(%) 31/12/11 (%) 31/12/10 (%) 31/12/09 (%) 31/12/08
Net Cashflow
from Operations - - - - - - - 100% £388,392
Net Cashflow
Before - - - - - - - 100% - £1,140,188
Increase in
Cash - - - - - - -
100% -£1,140,188
Date Of
Accounts 31/12/12 (%) 31/12/11
(%) 31/12/10
(%) 31/12/09 (%)
31/12/08
Contingent
Liability NO
- NO - NO - NO - NO
Capital
Employed £975,274 -8.8%
£1,069,138 39.4% £767,104 24.7% £615,312
-43.3% £1,085,519
Number of
Employees -
- 110 -2.7% 113 -3.4% 117 -11.4% 132
Auditors HAZLEWOODS
LLP
Auditor
Comments The
audit report contains no adverse comments
Bankers HSBC
BANK PLC
|
Date Of Accounts |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
31/12/08 |
|
Pre-tax
profit margin % |
-1.90 |
6.57 |
3.25 |
1.18 |
3.33 |
|
Current
ratio |
1.30 |
1.36 |
1.13 |
0.98 |
1.21 |
|
Sales/Net Working Capital |
15.48 |
12.23 |
33.36 |
-227.78 |
22.16 |
|
Gearing % |
0 |
0 |
0 |
0 |
0 |
|
Equity in % |
42.80 |
42.10 |
35 |
28.40 |
43.10 |
|
Creditor
Days |
10.06 |
9.36 |
12.97 |
9.87 |
6.56 |
|
Debtor Days |
27.23 |
34.71 |
31.86 |
17.92 |
29.58 |
|
Liquidity/Acid Test |
0.58 |
0.74 |
0.49 |
0.43 |
0.61 |
|
Return On |
|
|
|
|
|
|
Capital |
-11.77 |
39.64 |
26.08 |
12.52 |
20.34 |
|
Employed % |
|
|
|
|
|
|
Return On
Total |
|
|
|
|
|
|
Assets |
-5.03 |
16.67 |
9.14 |
3.56 |
8.76 |
|
Employed % |
|
|
|
|
|
|
Current
Debt Ratio |
1.33 |
1.37 |
1.85 |
2.51 |
1.32 |
|
Total Debt
Ratio |
1.33 |
1.37 |
1.85 |
2.51 |
1.32 |
|
Stock
Turnover Ratio % |
15.45 |
14.02 |
14.61 |
13.06 |
12.93 |
|
Return on
Net |
|
|
|
|
|
|
Assets |
-11.77 |
39.64 |
26.08 |
12.52 |
20.34 |
|
Employed % |
|
|
|
|
|
Status History
No Status History found
Exact CCJ Details
No CCJs found
Possible CCJs Details
There are no possible CCJ details
Writ Details
No writs found
|
Mortgage Type: |
FIXED AND FLOATING CHARGE |
|
Date Charge Created: |
27/06/84 |
|
Date Charge Registered: |
02/07/84 |
|
Date Charge Satisfied: - |
|
|
Status: |
OUTSTANDING |
|
Person(s) Entitled: |
MIDLAND BANK PLC |
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY |
|
|
|
|
|
ACCOUNT WHATSOEVER |
|
Mortgage Type: |
LEGAL CHARGE |
|
Date Charge Created: |
05/10/83 |
|
Date Charge Registered: |
|
11/10/83 |
|
Date Charge Satisfied: |
|
17/06/11 |
|
Status: |
|
SATISFIED |
|
Person(s) Entitled: |
|
MIDLAND BANK PLC |
|
Amount Secured: |
||
|
Details: |
|
F/H LAND AND PREMISES AT WHITMINSTER GLOS. |
Name Current
Directorships Previous
Directorships
Peter Henry Attwooll 1
4
Sylvia Grace Attwooll 1
5
Sylvia Grace Attwooll 1 5
Average Invoice Value
£301.43
Invoices available 21
Paid 18
Outstanding 3
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 8 1 9 0 0
Outstanding 0 0 0 0 3
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.97 |
|
|
1 |
Rs.102.90 |
|
Euro |
1 |
Rs.82.02 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.