|
Report Date : |
04.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
S. SACKER
(CLAYDON) LIMITED |
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|
|
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Formerly Known as : |
Claydon Metals Limited |
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Registered Office : |
Railway Sidings Gipping Road Great Blakenham IPSWICH IP60JB |
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Country : |
United Kingdom |
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Financials (as on) : |
30.04.2013 |
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Date of Incorporation : |
03.11.1980 |
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Com. Reg. No.: |
01526052 |
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Legal Form : |
Private Limited with Share Capital |
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Line of Business : |
·
Subject offers a Total Waste
Management Solution such as Waste Collection, Recycling and Safe Disposal
teamed with Personal Service, Professionalism and Flexibility whether it's
Industrial, Commercial or Household – Metal. · Engaged in Collection of Non – Hazardous Waste · Engaged in trading Scrap Metal and delivery of Total Waste Management Solutions ·
Subject provides
Bespoke Waste Collection, Recycling and Disposal Solutions for large and
small business and are committed to recovering value from waste materials |
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|
|
|
No of Employees : |
57 (30.04.2013) |
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 |
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|
Payment Behaviour : |
No Complaints |
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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: S. SACKER (CLAYDON) LIMITED
Registered Address: Railway Sidings
Gipping Road Great Blakenham IPSWICH IP60JB
Trading Address Railway Sidings Gipping
Road Great Blakenham IPSWICH Suffolk IP60JB England
Tel. No.: 01473 830373
Fax No.: 01473
832535
TPS No
FPS No
Registration No. 01526052
VAT No. 344 5447 51
Incorporation Date 03/11/1980
Previous Name Claydon Metals Limited
Type Private
Limited with Share Capital
FTSE Index -
Date of Change 07/02/1985
Filing Date of Accounts 30/09/2013
Currency GBP
Share Capital £
100
Main Business Activity
·
Subject offers a Total Waste
Management Solution such as Waste Collection, Recycling and Safe Disposal
teamed with Personal Service, Professionalism and Flexibility whether it's
Industrial, Commercial or Household – Metal.
· Engaged in Collection of Non – Hazardous Waste
· Engaged in trading Scrap Metal and delivery of Total Waste Management Solutions
·
Subject provides
Bespoke Waste Collection, Recycling and Disposal Solutions for large and small
business and are committed to recovering value from waste materials
Current Directors
|
Name |
Date of
Birth |
06/05/1931 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment
Date |
09/07/1991 |
|
|
|
Address |
Railway
Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
|
Name |
Date of
Birth |
08/09/1934 |
|
|
Officers
Title |
Mrs |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Director |
|
Appointment
Date |
09/07/1995 |
|
|
|
Address |
Railway Sidings,
Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
|
Name |
Date of
Birth |
17/12/1960 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
5 |
Function |
Director |
|
Appointment
Date |
09/07/1991 |
|
|
|
Address |
Railway
Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
|
Name |
Date of
Birth |
28/07/1962 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
09/07/1991 |
|
|
|
Address |
Railway
Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
|
Name |
Date of
Birth |
01/10/1959 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
7 |
Function |
Director |
|
Appointment
Date |
09/07/1991 |
|
|
|
Address |
Railway
Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
Current Company
Secretary
|
Name |
Date of
Birth |
01/10/1959 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
7 |
Function |
Company
Secretary |
|
Appointment
Date |
01/10/1994 |
|
|
|
Address |
Railway
Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB |
||
Previous Director/Company
Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
3 |
1 |
|
|
1 |
2 |
|
|
1 |
2 |
|
|
0 |
1 |
Mortgage Summary
Total
Mortgage 21
Outstanding 8
Satisfied 13
Trade Debtors /
Bad Debt Summary
Total Number of Documented Trade 2
Total Value of Documented Trade £21,112
CCJ
|
Total
Number of Exact CCJs - |
Total
Value of Exact CCJs - |
||
|
Total
Number of Possible CCJs - |
Total
Value of Possible CCJs - |
||
|
Total
Number of Satisfied CCJs - |
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: |
|
||
|
Date
Charge Created: |
19/12/13 |
|
|
|
Date
Charge Registered: |
03/01/14 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
LOMBARD
NORTH CENTRAL PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
CONTAINS
FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage Type: |
|
||
|
Date
Charge Created: |
24/12/13 |
|
|
|
Date
Charge Registered: |
27/12/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
LLOYDS
BANK PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
CONTAINS FIXED
CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR
UNDERTAKING OF THE COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF
CHARGE. |
||
|
Mortgage
Type: |
|
||
|
Date
Charge Created: |
15/05/13 |
|
|
|
Date Charge
Registered: |
21/10/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
CONTAINS FIXED
CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage
Type: |
CHATTEL
CHARGE |
||
|
Date
Charge Created: |
18/03/13 |
|
|
|
Date
Charge Registered: |
21/10/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
HENSCHEL
PRE-SHREDDER, MODEL HV-250 S/NM335-1409 INCLUDING ANY SPARE PARTS,
ACCESSORIES, MODIFICATIONS AND ADDITIONS SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage
Type: |
ASSIGNMENT
OF RECEIVABLES ARISING UNDEREXPORT LCS |
||
|
Date
Charge Created: |
06/01/12 |
|
|
|
Date
Charge Registered: |
12/01/12 |
|
|
|
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: |
ALL
RIGHTS AND ALL MONIES DUE OR OWING TO THE COMPANY BY AN ISSUING BANK UNDER EACH
IRREVOCABLE DOCUMENTARY LETTER OF CREDIT ISSUED IN RESPECT OF GOODS SOLD
UNDER AN EXPORT TRANSACTION WHICH GIVES RISE TO RECEIVABLES |
||
|
Mortgage
Type: |
MORTGAGE |
||
|
Date
Charge Created: |
28/10/08 |
|
|
|
Date
Charge Registered: |
01/11/08 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
BARCLAYS
BANK PLC |
||
|
Amount
Secured: |
£2,480,733.00
AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THECHARGEE ON
ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE ITEMS
LISTED ON THE SCHEDULE BEING - LYNXS TMR 185X225 HEAVY DUTY SCRAP SHREDDER
& ANCILLARY EQUIPMENT; SCHORCH 930KW SHREDDER DRIVE & VOITH COUPLING;
MILLSOUND ENCLOSURE, FOR DETAILS OF FURTHERGOODS CHARGED PLEASE REFER TO FORM
395,TOGETHER WITH ALL ACCESSORIES AND COMPONENT PARTS AND ALL IMPROVEMENTS
AND RENEWALS THEREOF SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage
Type: |
LEGAL
CHARGE |
||
|
Date
Charge Created: |
28/03/08 |
|
|
|
Date
Charge Registered: |
01/04/08 |
|
|
|
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: |
F/H LAND ADJACENT
TO THE RAILWAY SIDINGS GIPPING ROAD GREAT BALKENHAM SUFFOLK T/N SK206083 AND
SK121851 |
||
|
Mortgage
Type: |
LEGAL
CHARGE |
||
|
Date
Charge Created: |
28/03/08 |
|
|
|
Date
Charge Registered: |
01/04/08 |
|
|
|
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: |
F/H THE DEBTRAC
CENTRE IPSWICH ROAD NEEDHAM MARKET SUFFOLK T/N SK288949 |
||
|
Mortgage
Type: |
LEGAL
CHARGE |
||
|
Date
Charge Created: |
28/03/08 |
|
|
|
Date
Charge Registered: |
01/04/08 |
|
|
|
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: |
F/H
RAILWAY SIDINGS GIPPING ROAD GREAT BLAKENHAM SUFFOLK T/N SK113159 |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
08/01/08 |
|
|
|
Date
Charge Registered: |
18/01/08 |
|
|
|
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: |
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: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
19/01/07 |
|
|
|
Date
Charge Registered: |
24/01/07 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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: |
F/H THE DEBTRAC
CENTRE NEEDHAM MARKET IPSWICH WITH THE BENEFIT OF ALL RIGHTS LICENCES
GUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES
RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT
COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIMECARRIED
ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE
OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS
WHATEVER IN RESPECTOF THE PROPERTY |
||
|
Mortgage
Type: |
CHATTEL
MORTGAGE |
||
|
Date
Charge Created: |
18/10/04 |
|
|
|
Date
Charge Registered: |
21/10/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
HSBC BANK
PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
THE CHATTELS
BEING WASTE TRUMEL SYSTEM SERIAL NO. RT6-1500 INCLUDING INSURANCE,SEE THE
MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage
Type: |
CHATTEL
MORTGAGE |
||
|
Date
Charge Created: |
04/06/03 |
|
|
|
Date
Charge Registered: |
21/10/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
HSBC BANK
PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
ELDAN SR
HEAVY RASPER - 21257 |
||
|
Mortgage
Type: |
CHATTEL
MORTGAGE |
||
|
Date
Charge Created: |
06/01/03 |
|
|
|
Date
Charge Registered: |
21/10/13 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
HSBC BANK
PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
THE PROPERTY
K/A ELDAN CHOPPING MACHUNEA-SC1412 TOGETHER WITH ALL POLICIES OF INSURANCE IN
RESPECT OF THE EQUIPMENT |
||
|
Mortgage
Type: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
01/06/00 |
|
|
|
Date
Charge Registered: |
03/06/00 |
|
|
|
Date Charge
Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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: |
PROPERTY
K/A LAND & BUILDINGS AT STATION ROAD GREAT BLAKENHAM (F/H) WITH THE
BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CONTRACTS DEEDS
UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTYANY SHARES OR MEMBERSHIP
RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY
BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER
MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF
THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY |
||
|
Mortgage
Type: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
20/12/96 |
|
|
|
Date
Charge Registered: |
28/12/96 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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 |
||
|
Details: |
LAND
LYING TO THE NORTH OF STATION ROADCLAYDON THE BENEFIT OF ALL RIGHTS LICENCES
GUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING
TO THE PROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS AND ANY GOODWILL OF ANY
BUSINESS AND ANY RENTAL OR OTHER MONEY PAYABLE UNDER ANY LEASE LICENSE OR
OTHER INTEREST SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage
Type: |
LEGAL
CHARGE |
||
|
Date
Charge Created: |
09/01/92 |
|
|
|
Date
Charge Registered: |
10/01/92 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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 |
||
|
Details: |
F/H-FORMER
GOODS YARD AT CLAYDON STATION GREAT BLAKENHAM NEAR IPSWICH SUFFOLK |
||
|
Mortgage
Type: |
CHATTEL
MORTGAGE |
||
|
Date
Charge Created: |
20/11/91 |
|
|
|
Date
Charge Registered: |
21/11/91 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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 |
||
|
Details: |
CHATTEL
MORTGAGE OVER LINDERMAN LT 575 CRUSHING MACHINE SERIAL NO 942112 |
||
|
Mortgage
Type: |
FIXED AND
FLOATING CHARGE |
||
|
Date
Charge Created: |
21/10/91 |
|
|
|
Date
Charge Registered: |
22/10/91 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
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 |
||
|
Details: |
FIXED AND
FLOATING CHARGE OVER ALL THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT
AND FUTURE INCLUDING BOOKDEBTS &UNCALLED CAPITAL. |
||
|
Mortgage Type: |
CHARGE |
||
|
Date
Charge Created: |
21/05/81 |
|
|
|
Date
Charge Registered: |
29/05/81 |
|
|
|
Date
Charge Satisfied: |
27/01/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
MIDLAND
BANK LTD |
||
|
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 UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE INCLUDINGUNCALLED CAPITAL |
||
|
Mortgage
Type: |
MORTGAGE DEBENTURE |
||
|
Date
Charge Created: |
19/05/81 |
|
|
|
Date
Charge Registered: |
26/05/81 |
|
|
|
Date
Charge Satisfied: |
26/05/81 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
A KING
& SONS LIMITED |
||
|
Amount
Secured: |
£45,000 |
||
|
Details: |
FIXED AND
FLOATING CHARGE ON UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE
INCLUDING GOODWILL, BOOKDEBTS, & UNCALLED CAPITAL. COMPANY\S LEASEHOLD
PROPERTY AT GREAT BLAKENHAM, SUFFOLK, TOGETHER WITH FIXED PLANT AND
MACHINERY. |
||
Top 20
Shareholders
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
% of
Total Share Count |
|
MR DAVID
GRAEME DODDS |
GBP |
30 |
ORDINARY |
1 |
30 |
|
MR ADRIAN
ALEXANDER DODDS |
GBP |
30 |
ORDINARY |
1 |
30 |
|
MR
CHARLES ANTHONY ROBERT DODDS |
GBP |
15 |
ORDINARY |
1 |
15 |
|
MRS BERYL
IDA DODDS |
GBP |
15 |
ORDINARY |
1 |
15 |
|
EWAN
CHRISTOPHER CAMERON DODDS |
GBP |
10 |
ORDINARY |
1 |
10 |
Trade Payment
Information
|
Average Invoice
Value |
648.83 |
|
Invoices
available |
302 |
|
Paid |
272 |
|
Outstanding
|
30 |
|
Average
Invoice Value |
£648.83 |
|
Invoices
available |
302 |
|
Paid |
272 |
|
Outstanding
|
30 |
|
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 |
15 |
144 |
96 |
13 |
4 |
|
Outstanding |
11 |
17 |
2 |
0 |
0 |
Group structure
No group structure
Profit & Loss
|
Date Of
Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated
A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£24,599,737 |
-7.1% |
£26,485,804 |
15.5% |
£22,938,215 |
31.9% |
£17,392,445 |
58.8% |
£10,949,938 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
£3,960,422 |
|
Cost of
Sales |
- |
- |
- |
- |
- |
- |
- |
-100% |
£9,180,455 |
|
Gross
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
£1,769,483 |
|
Wages
& Salaries |
£1,731,888 |
-2.6% |
£1,778,674 |
16.1% |
£1,532,043 |
11.9% |
£1,369,662 |
5.2% |
£1,301,626 |
|
Directors
Emoluments |
£309,645 |
-26.1% |
£419,047 |
19.2% |
£351,559 |
41.9% |
£247,702 |
-16% |
£294,960 |
|
Operating
Profit |
£756,426 |
-15.4% |
£894,441 |
6.9% |
£836,456 |
121.9% |
£377,026 |
8.6% |
£347,256 |
|
Depreciation |
£696,475 |
9.6% |
£635,392 |
15.2% |
£551,570 |
1.4% |
£543,850 |
999.9% |
£6,500 |
|
Audit
Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Interest
Payments |
£289,220 |
-6.3% |
£308,560 |
4.9% |
£294,141 |
-5.5% |
£311,198 |
14.4% |
£271,934 |
|
Pre Tax
Profit |
£476,206 |
-19.8% |
£594,131 |
6% |
£560,315 |
751% |
£65,842 |
-15.5% |
£77,905 |
|
Taxation |
-£81,024 |
41.2% |
-£137,782 |
-33.3% |
-£103,396 |
-320.5% |
-£24,590 |
-353.7% |
-£5,420 |
|
Profit
After Tax |
£395,182 |
-13.4% |
£456,349 |
-0.1% |
£456,919 |
999.9% |
£41,252 |
-43.1% |
£72,485 |
|
Dividends
Payable |
£48,440 |
-28.2% |
£67,500 |
275% |
£18,000 |
- |
- |
- |
- |
|
Retained
Profit |
£346,742 |
-10.8% |
£388,849 |
-11.4% |
£438,919 |
964% |
£41,252 |
-43.1% |
£72,485 |
Balance Sheet
|
Date Of
Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Tangible
Assets |
£7,494,162 |
7% |
£7,004,671 |
1.7% |
£6,884,557 |
-3.6% |
£7,142,164 |
-0.3% |
£7,162,352 |
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Fixed Assets |
£7,494,162 |
7% |
£7,004,671 |
1.7% |
£6,884,557 |
-3.6% |
£7,142,164 |
-0.3% |
£7,162,352 |
|
Stock |
£758,310 |
-30% |
£1,082,540 |
34.3% |
£806,169 |
-27.1% |
£1,105,403 |
42.9% |
£773,649 |
|
Trade
Debtors |
£2,439,949 |
-21.7% |
£3,117,754 |
2.7% |
£3,035,835 |
89.1% |
£1,605,688 |
65.5% |
£970,205 |
|
Cash |
£313,606 |
827.5% |
£33,813 |
-5.4% |
£35,742 |
-41.9% |
£61,559 |
105.2% |
£29,998 |
|
Other Debtors |
£873,181 |
-5.7% |
£926,214 |
203.5% |
£305,220 |
-24.7% |
£405,254 |
39.8% |
£289,811 |
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Current Assets |
£4,385,046 |
-15% |
£5,160,321 |
23.4% |
£4,182,966 |
31.6% |
£3,177,904 |
54% |
£2,063,663 |
|
Trade
Creditors |
£2,306,287 |
-15.2% |
£2,720,326 |
14.1% |
£2,384,231 |
50.9% |
£1,579,522 |
37.9% |
£1,145,449 |
|
Bank
Loans & Overdrafts |
£971,956 |
56.6% |
£620,651 |
0.4% |
£618,407 |
-30% |
£883,859 |
102.2% |
£437,222 |
|
Other
Short Term Finance |
£479,831 |
37.7% |
£348,359 |
123.8% |
£155,683 |
-22.8% |
£201,698 |
56.6% |
£128,839 |
|
Miscellaneous
Current Liabilities |
£769,535 |
-25.9% |
£1,037,828 |
5.5% |
£984,077 |
43.1% |
£687,625 |
64% |
£419,253 |
|
Total
Current Liabilities |
£4,527,609 |
-4.2% |
£4,727,164 |
14.1% |
£4,142,398 |
23.6% |
£3,352,704 |
57.3% |
£2,130,763 |
|
Bank
Loans & Overdrafts and LTL |
£4,788,593 |
-1.7% |
£4,870,259 |
2.7% |
£4,744,161 |
-13.6% |
£5,490,771 |
5.3% |
£5,213,274 |
|
Other
Long Term Finance |
£325,791 |
-25.1% |
£434,983 |
168.6% |
£161,959 |
-22.8% |
£209,861 |
22.5% |
£171,321 |
|
Total
Long Term Liabilities |
£3,816,637 |
-10.2% |
£4,249,608 |
3% |
£4,125,754 |
-10.4% |
£4,606,912 |
-3.5% |
£4,776,052 |
Capital &
Reserves
|
Date Of
Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Called Up
Share Capital |
£100 |
- |
£100 |
- |
£100 |
- |
£100 |
- |
£100 |
|
P & L
Account Reserve |
£3,534,862 |
10.9% |
£3,188,120 |
13.9% |
£2,799,271 |
18.6% |
£2,360,352 |
1.8% |
£2,319,100 |
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry
Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder
Funds |
£3,534,962 |
10.9% |
£3,188,220 |
13.9% |
£2,799,371 |
18.6% |
£2,360,452 |
1.8% |
£2,319,200 |
Other Financial
Items
|
Date Of
Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Net Worth |
£3,534,962 |
10.9% |
£3,188,220 |
13.9% |
£2,799,371 |
18.6% |
£2,360,452 |
1.8% |
£2,319,200 |
|
Working
Capital |
-£142,563 |
-132.9% |
£433,157 |
967.7% |
£40,568 |
123.2% |
-£174,800 |
-160.5% |
-£67,100 |
|
Total
Assets |
£11,879,208 |
-2.3% |
£12,164,992 |
9.9% |
£11,067,523 |
7.2% |
£10,320,068 |
11.9% |
£9,226,015 |
|
Total
Liabilities |
£8,344,246 |
-7% |
£8,976,772 |
8.6% |
£8,268,152 |
3.9% |
£7,959,616 |
15.2% |
£6,906,815 |
|
Net
Assets |
£3,534,962 |
10.9% |
£3,188,220 |
13.9% |
£2,799,371 |
18.6% |
£2,360,452 |
1.8% |
£2,319,200 |
Cash Flow
|
Date Of Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Net
Cashflow from Operations |
£1,904,582 |
84.4% |
£1,032,768 |
-23.8% |
£1,354,739 |
107.5% |
£653,038 |
-63.8% |
£1,802,867 |
|
Net
Cashflow before Financing |
£563,805 |
310.4% |
£137,394 |
-86.3% |
£1,004,149 |
999.9% |
-£70,838 |
90% |
-£710,806 |
|
Net
Cashflow from Financing |
-£62,733 |
48.2% |
-£121,084 |
80.2% |
-£611,665 |
-109.9% |
-£291,465 |
-147.2% |
£618,081 |
|
Increase
in Cash |
£501,072 |
999.9% |
£16,310 |
-95.8% |
£392,484 |
208.3% |
-£362,303 |
-290.7% |
-£92,725 |
Miscellaneous
|
Date Of
Accounts |
30/04/13 |
(%) |
30/04/12 |
(%) |
30/04/11 |
(%) |
30/04/10 |
(%) |
30/04/09 |
|
Contingent
Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital
Employed |
£7,351,599 |
-1.2% |
£7,437,828 |
7.4% |
£6,925,125 |
-0.6% |
£6,967,364 |
-1.8% |
£7,095,252 |
|
Number of
Employees |
57 |
-1.7% |
58 |
11.5% |
52 |
2% |
51 |
6.3% |
48 |
|
Auditors |
ENSORS |
||||||||
|
Auditor
Comments |
The audit
report contains no adverse comments |
||||||||
|
Bankers |
HSBC BANK
PLC |
||||||||
|
Bank
Branch Code |
20-98-07 |
||||||||
Ratios
|
Date Of
Accounts |
30/04/13 |
30/04/12 |
30/04/11 |
30/04/10 |
30/04/09 |
|
Pre-tax
profit margin % |
1.94 |
2.24 |
2.44 |
0.38 |
0.71 |
|
Current
ratio |
0.97 |
1.09 |
1.01 |
0.95 |
0.97 |
|
Sales/Net
Working Capital |
-172.55 |
61.15 |
565.43 |
-99.50 |
-163.19 |
|
Gearing % |
135.50 |
152.80 |
169.50 |
232.60 |
224.80 |
|
Equity in
% |
29.80 |
26.20 |
25.30 |
22.90 |
25.10 |
|
Creditor
Days |
34.12 |
37.38 |
37.83 |
33.05 |
38.07 |
|
Debtor
Days |
36.10 |
42.84 |
48.17 |
33.60 |
32.25 |
|
Liquidity/Acid
Test |
0.80 |
0.86 |
0.81 |
0.61 |
0.60 |
|
Return On
Capital Employed % |
6.47 |
7.98 |
8.09 |
0.94 |
1.09 |
|
Return On
Total Assets Employed % |
4 |
4.88 |
5.06 |
0.63 |
0.84 |
|
Current
Debt Ratio |
1.28 |
1.48 |
1.47 |
1.42 |
0.91 |
|
Total
Debt Ratio |
2.36 |
2.81 |
2.95 |
3.37 |
2.97 |
|
Stock
Turnover Ratio % |
3.08 |
4.08 |
3.51 |
6.35 |
7.06 |
|
Return on
Net Assets Employed % |
13.47 |
18.63 |
20.01 |
2.78 |
3.35 |
Creditor Details
|
|
Total Number |
Total Value |
|
Trade
Creditors |
0 |
- |
|
No
Creditor Data |
Trade Debtors /
Bad Debt Detail
|
|
Total Number of Documented Trade |
Total Value of Documented Trade |
|
Trade
Debtors |
2 |
£21,112 |
|
Company
Name |
Amount |
Statement
Date |
|
£18,527 |
28/08/2013 |
|
|
£2,585 |
20/04/2010 |
Status History
|
No Status History found. |
Event History
|
Date |
Description |
|
14/10/2013 |
New
Accounts Filed |
|
14/10/2013 |
New
Accounts Filed |
|
23/07/2013 |
Annual
Returns |
|
02/10/2012 |
New
Accounts Filed |
|
04/08/2012 |
Annual
Returns |
|
25/08/2011 |
New Accounts
Filed |
|
25/08/2011 |
New
Accounts Filed |
|
22/07/2011 |
Annual
Returns |
|
15/10/2010 |
New
Accounts Filed |
|
30/08/2010 |
Annual
Returns |
|
14/01/2010 |
New
Accounts Filed |
|
14/01/2010 |
New
Accounts Filed |
|
14/08/2009 |
Annual
Returns |
|
16/12/2008 |
New
Accounts Filed |
|
14/08/2008 |
Annual
Returns |
Previous Company
Names
|
Date |
Previous
Name |
|
07/02/1985 |
CLAYDON
METALS LIMITED |
|
31/12/1981 |
WALEPARK
LIMITED |
Commentary
|
No exact match CCJs are recorded against the company. |
|
Sales in the latest trading period decreased 7.1% on the previous trading period. |
|
Net Worth increased by 10.9% during the latest trading period. |
|
A 2.3% decline in Total Assets occurred during the latest trading period. |
|
Pre-tax profits decreased by 19.8% compared to the previous trading period. |
|
The company saw an increase in their Cash Balance of 827.5% during the latest trading period. |
|
The audit report contains no adverse comments. |
|
No recent changes in directorship are recorded. |
|
The company is not part of a group. |
|
The company was established over 33 years ago. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.72 |
|
UK Pound |
1 |
Rs.102.45 |
|
Euro |
1 |
Rs.81.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.