MIRA
INFORM REPORT
|
Report Date : |
02.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
DUNELM (SOFT FURNISHINGS) LTD |
|
|
|
|
Formerly Known As : |
DUNELM SOFT-FURNISHINGS LIMITED |
|
|
|
|
Registered Office : |
Dunelm Store Support Centre Watermead Business Park Leicester Le7 1ad |
|
|
|
|
Country : |
United kingdom |
|
|
|
|
Financials (as on) : |
29.06.2013 |
|
|
|
|
Date of Incorporation : |
08.05.1987 |
|
|
|
|
Com. Reg. No.: |
02129238 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees |
7971 |
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 : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2014
|
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
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 and address
Company Name: DUNELM (SOFT FURNISHINGS) LTD
Company No: 02129238
Registered Address:
DUNELM STORE SUPPORT CENTRE
WATERMEAD BUSINESS PARK
LEICESTER
LE7 1AD
Company details
Registered Address
DUNELM
STORE SUPPORT CENTRE
WATERMEAD BUSINESS PARK
LEICESTER
LE7 1AD
Trading Address
Dunelm
Store Support Centre
Watermead Business Park
Leicester
Leicestershire
LE7 1AD
Website Address http://www.dunelm-mill.com
Telephone Number --
Fax Number --
TPS --
FPS No
Incorporation Date 08/05/1987
Previous Name DUNELM SOFT-FURNISHINGS LIMITED
Type Private limited with Share Capital
FTSE Index -
Date of Change 05/01/2005
Filing Date of Accounts 14/12/2013
Currency GBP
Share Capital £2,000,000
SIC07 47510
SIC07 Description RETAIL SALE OF TEXTILES IN SPECIALISED STORES
Principal Activity Specialist UK homewares retailer.
Commentary
|
Multiple CCJ's recorded against the company. |
|
There has been no significant change in the company's
credit rating. |
|
The credit limit on this company has fallen 7.7% in
comparison to the previously suggested credit limit. |
|
Sales in the latest trading period increased 12.2% on the
previous trading period. |
|
Net Worth increased by 31.5% during the latest trading
period. |
|
A 2.1% decline in Total Assets occurred during the latest
trading period. |
|
Pre-tax profits increased by 10.2% compared to the
previous trading period. |
|
The company saw a decrease in their Cash Balance of 31.1%
during the latest trading period. |
|
The audit report contains no adverse comments. |
|
No recent changes in directorship are recorded. |
|
The company is part of a group. |
|
The company has changed its registered address recently. |
|
The company was established over 26 years ago. |
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
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
13/12/2012 |
NORTHAMPTON CCBC |
£50 |
Satisfied |
2QZ46648 |
21/01/2013 |
|
11/05/2010 |
NORTHAMPTON CCBC |
£69 |
Judgement |
0QT44391 |
- |
|
22/04/2010 |
NORTHAMPTON CCBC |
£135 |
Judgement |
0QT39879 |
- |
|
29/05/2009 |
DARTFORD |
£1,045 |
Judgement |
9DA02335 |
- |
|
29/07/2008 |
BOURNEMOUTH |
£894 |
Judgement |
8BH02809 |
- |
|
Total Current Directors |
5 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
15 |
Current Directors
|
Name |
Date
of Birth |
02/07/1973 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment
Date |
05/04/2002 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
|
Name |
Date
of Birth |
14/07/1965 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
02/07/2004 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
|
Name |
Date
of Birth |
22/03/1958 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
8 |
Function |
Director |
|
Appointment
Date |
15/09/2003 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
|
Name |
Date
of Birth |
04/03/1972 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
20 |
Function |
Director |
|
Appointment
Date |
01/05/1995 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
|
Name |
Date
of Birth |
26/08/1966 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
16/12/2010 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
Current Company Secretary
|
Name |
Date
of Birth |
- |
|
|
Officers
Title |
Mrs |
Nationality |
|
|
Present
Appointments |
1 |
Function |
Company Secretary |
|
Appointment
Date |
23/03/2012 |
||
|
Address |
Dunelm Store Support Centre Watermead Business Par,
Syston, Leicester, Leicestershire, LE7 1AD |
||
Top 20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share
Count |
|
|
DUNELM GROUP PLC |
GBP |
2,000,000 |
ORDINARY |
1 |
100 |
Financials
Profit &
Loss
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
53 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£677,192,000 |
12.2% |
£603,729,000 |
12.1% |
£538,474,000 |
9.3% |
£492,839,000 |
16.3% |
£423,783,000 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£347,448,000 |
11.4% |
£311,992,000 |
11.4% |
£280,125,000 |
6.8% |
£262,253,000 |
12.3% |
£233,628,000 |
|
Gross Profit |
£329,744,000 |
13% |
£291,737,000 |
12.9% |
£258,349,000 |
12% |
£230,586,000 |
21.3% |
£190,155,000 |
|
Wages & Salaries |
£91,259,000 |
14.6% |
£79,657,000 |
8.9% |
£73,140,000 |
12.9% |
£64,766,000 |
14.7% |
£56,466,000 |
|
Directors Emoluments |
- |
- |
£1,819,000 |
146.5% |
£738,000 |
88.3% |
£392,000 |
41.5% |
£277,000 |
|
Operating Profit |
£107,514,000 |
10.6% |
£97,185,000 |
16.8% |
£83,234,000 |
9.3% |
£76,118,000 |
46.5% |
£51,946,000 |
|
Depreciation |
£16,941,000 |
12.1% |
£15,117,000 |
33.3% |
£11,343,000 |
29.5% |
£8,760,000 |
18.2% |
£7,410,000 |
|
Audit Fees |
£61,000 |
- |
£61,000 |
1.7% |
£60,000 |
17.6% |
£51,000 |
2% |
£50,000 |
|
Interest Payments |
£6,185,000 |
18.5% |
£5,218,000 |
150.1% |
£2,086,000 |
-14.9% |
£2,451,000 |
-25% |
£3,267,000 |
|
Pre Tax Profit |
£106,426,000 |
10.2% |
£96,562,000 |
14.5% |
£84,364,000 |
9.2% |
£77,245,000 |
48% |
£52,181,000 |
|
Taxation |
-£26,086,000 |
-5.2% |
-£24,801,000 |
-4.3% |
-£23,775,000 |
-6.4% |
-£22,336,000 |
-45.7% |
-£15,327,000 |
|
Profit After Tax |
£80,340,000 |
12% |
£71,761,000 |
18.4% |
£60,589,000 |
10.3% |
£54,909,000 |
49% |
£36,854,000 |
|
Dividends Payable |
£70,000,000 |
-30% |
£100,000,000 |
999.9% |
£30,000 |
50% |
£20,000 |
100% |
£10,000 |
|
Retained Profit |
£10,340,000 |
136.6% |
-£28,239,000 |
-146.6% |
£60,559,000 |
10.3% |
£54,889,000 |
49% |
£36,844,000 |
Balance Sheet
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Tangible Assets |
£82,196,000 |
7.9% |
£76,185,000 |
13.1% |
£67,362,000 |
18.2% |
£56,976,000 |
22.4% |
£46,542,000 |
|
Intangible Assets |
£4,262,000 |
31.6% |
£3,238,000 |
-31% |
£4,692,000 |
-9.8% |
£5,202,000 |
-11% |
£5,843,000 |
|
Total Fixed Assets |
£86,458,000 |
8.9% |
£79,423,000 |
10.2% |
£72,054,000 |
15.9% |
£62,178,000 |
18.7% |
£52,385,000 |
|
Stock |
£92,940,000 |
7.8% |
£86,221,000 |
12.8% |
£76,455,000 |
22.2% |
£62,583,000 |
8.1% |
£57,895,000 |
|
Trade Debtors |
£342,000 |
0.6% |
£340,000 |
-23.8% |
£446,000 |
274.8% |
£119,000 |
-74.1% |
£460,000 |
|
Cash |
£44,675,000 |
-31.1% |
£64,884,000 |
85.4% |
£35,000,000 |
127.7% |
£15,369,000 |
-36% |
£24,016,000 |
|
Other Debtors |
£84,606,000 |
-0.5% |
£85,021,000 |
18.2% |
£71,959,000 |
30.6% |
£55,083,000 |
5.7% |
£52,127,000 |
|
Miscellaneous Current Assets |
£387,000 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£222,950,000 |
-5.7% |
£236,466,000 |
28.6% |
£183,860,000 |
38.1% |
£133,154,000 |
-1% |
£134,498,000 |
|
Trade Creditors |
£30,178,000 |
0.2% |
£30,122,000 |
-17.8% |
£36,661,000 |
13.2% |
£32,391,000 |
23% |
£26,337,000 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£146,079,000 |
-13.5% |
£168,879,000 |
87.3% |
£90,163,000 |
86.5% |
£48,349,000 |
-24.5% |
£64,009,000 |
|
Miscellaneous Current Liabilities |
£81,012,000 |
6% |
£76,436,000 |
24.8% |
£61,243,000 |
26% |
£48,592,000 |
4.5% |
£46,506,000 |
|
Total Current Liabilities |
£257,269,000 |
-6.6% |
£275,437,000 |
46.5% |
£188,067,000 |
45.4% |
£129,332,000 |
-5.5% |
£136,852,000 |
|
Bank Loans & Overdrafts and LTL |
0 |
-100% |
£793,000 |
-33.6% |
£1,195,000 |
55.2% |
£770,000 |
141.4% |
£319,000 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
0 |
-100% |
£793,000 |
-33.6% |
£1,195,000 |
55.2% |
£770,000 |
141.4% |
£319,000 |
.
Capital &
Reserves
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Called Up Share Capital |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
- |
£2,000,000 |
|
P & L Account Reserve |
£49,840,000 |
32.2% |
£37,701,000 |
-42% |
£64,947,000 |
2.1% |
£63,622,000 |
33.3% |
£47,712,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£299,000 |
811.9% |
-£42,000 |
85.8% |
-£295,000 |
24.7% |
-£392,000 |
- |
- |
|
Shareholder Funds |
£52,139,000 |
31.5% |
£39,659,000 |
-40.5% |
£66,652,000 |
2.2% |
£65,230,000 |
31.2% |
£49,712,000 |
Other Financial
Items
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Net Worth |
£47,877,000 |
31.5% |
£36,421,000 |
-41.2% |
£61,960,000 |
3.2% |
£60,028,000 |
36.8% |
£43,869,000 |
|
Working Capital |
-£34,319,000 |
11.9% |
-£38,971,000 |
-826.3% |
-£4,207,000 |
-210.1% |
£3,822,000 |
262.4% |
-£2,354,000 |
|
Total Assets |
£309,408,000 |
-2.1% |
£315,889,000 |
23.4% |
£255,914,000 |
31% |
£195,332,000 |
4.5% |
£186,883,000 |
|
Total Liabilities |
£257,269,000 |
-6.9% |
£276,230,000 |
46% |
£189,262,000 |
45.5% |
£130,102,000 |
-5.2% |
£137,171,000 |
|
Net Assets |
£52,139,000 |
31.5% |
£39,659,000 |
-40.5% |
£66,652,000 |
2.2% |
£65,230,000 |
31.2% |
£49,712,000 |
Cash Flow
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Net Cashflow from Operations |
£75,338,000 |
-51.4% |
£155,066,000 |
50.3% |
£103,180,000 |
100.3% |
£51,507,000 |
-13.4% |
£59,473,000 |
|
Net Cashflow before Financing |
£49,630,000 |
-61.8% |
£129,832,000 |
63% |
£79,659,000 |
156.4% |
£31,065,000 |
-23.2% |
£40,446,000 |
|
Net Cashflow from Financing |
-£70,000,000 |
30% |
-£100,000,000 |
-66.7% |
-£60,000,000 |
-50% |
-£40,000,000 |
-100% |
-£20,000,000 |
|
Increase in Cash |
-£20,370,000 |
-168.3% |
£29,832,000 |
51.7% |
£19,659,000 |
320% |
-£8,935,000 |
-143.7% |
£20,446,000 |
Miscellaneous
|
Date Of Accounts |
29/06/13 |
(%) |
30/06/12 |
(%) |
02/07/11 |
(%) |
03/07/10 |
(%) |
04/07/09 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£52,139,000 |
28.9% |
£40,452,000 |
-40.4% |
£67,847,000 |
2.8% |
£66,000,000 |
31.9% |
£50,031,000 |
|
Number of Employees |
7971 |
15.4% |
6905 |
4.3% |
6618 |
8.8% |
6085 |
12.5% |
5409 |
|
Auditors |
KPMG AUDIT PLC |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
BARCLAYS BANK PLC |
||||||||
|
Bank Branch Code |
20-07-71 |
||||||||
Ratios
|
Date Of Accounts |
29/06/13 |
30/06/12 |
02/07/11 |
03/07/10 |
04/07/09 |
|
Pre-tax profit margin % |
15.72 |
15.99 |
15.67 |
15.67 |
12.31 |
|
Current ratio |
0.87 |
0.86 |
0.98 |
1.03 |
0.98 |
|
Sales/Net Working Capital |
-19.73 |
-15.49 |
-127.99 |
128.95 |
-180.03 |
|
Gearing % |
0 |
2 |
1.80 |
1.20 |
0.60 |
|
Equity in % |
17.10 |
12.70 |
26.50 |
34.30 |
27.50 |
|
Creditor Days |
16.22 |
18.16 |
24.78 |
23.92 |
23.05 |
|
Debtor Days |
0.18 |
0.20 |
0.30 |
0.08 |
0.40 |
|
Liquidity/Acid Test |
0.50 |
0.54 |
0.57 |
0.54 |
0.55 |
|
Return On Capital Employed % |
204.11 |
238.70 |
124.34 |
117.03 |
104.29 |
|
Return On Total Assets Employed % |
34.39 |
30.56 |
32.96 |
39.54 |
27.92 |
|
Current Debt Ratio |
4.93 |
6.94 |
2.82 |
1.98 |
2.75 |
|
Total Debt Ratio |
4.93 |
6.96 |
2.83 |
1.99 |
2.75 |
|
Stock Turnover Ratio % |
13.72 |
14.28 |
14.19 |
12.69 |
13.66 |
|
Return on Net Assets Employed % |
204.11 |
243.48 |
126.57 |
118.41 |
104.96 |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
31/12/2013 |
New Accounts Filed |
|
31/12/2013 |
New Accounts Filed |
|
20/12/2013 |
Annual Returns |
|
16/07/2013 |
Change in Reg.Office |
|
03/04/2013 |
New Accounts Filed |
|
15/12/2012 |
Annual Returns |
|
27/03/2012 |
Mr D.A. Stead has resigned as company secretary |
|
27/03/2012 |
New Company Secretary Mrs D.E. Durrant appointed |
|
20/03/2012 |
New Accounts Filed |
|
20/03/2012 |
New Accounts Filed |
|
24/12/2011 |
Annual Returns |
|
07/11/2011 |
Change in Reg.Office |
|
05/10/2011 |
Change in Reg.Office |
|
05/10/2011 |
Change of Company Postcode |
|
05/01/2011 |
New Board Member Mr N.B. Wharton appointed |
Previous Company Names
|
Date |
Previous Name |
|
05/01/2005 |
DUNELM SOFT-FURNISHINGS LIMITED |
Statistics
|
Group |
5 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
DUNELM GROUP PLC |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
DUNELM GROUP PLC |
Group structure
|
Company Name |
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
|
|
04708277 |
29.06.2013 |
Y |
£677,192,000 |
|
|
|
02129238 |
29.06.2013 |
N |
£677,192,000 |
|
|
|
04708269 |
29.06.2013 |
N |
£5,570,000 |
|
|
|
06884714 |
29.06.2013 |
N |
||
|
|
05045977 |
29.06.2013 |
N |
%20LTD%20-%20269582%2002-Jun-2014_files/image001.gif){kind=small}
Statistics
|
Group |
|
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
13/12/2012 |
NORTHAMPTON CCBC |
£50 |
Satisfied |
2QZ46648 |
21/01/2013 |
|
11/05/2010 |
NORTHAMPTON CCBC |
£69 |
Judgement |
0QT44391 |
- |
|
22/04/2010 |
NORTHAMPTON CCBC |
£135 |
Judgement |
0QT39879 |
- |
|
29/05/2009 |
DARTFORD |
£1,045 |
Judgement |
9DA02335 |
- |
|
29/07/2008 |
BOURNEMOUTH |
£894 |
Judgement |
8BH02809 |
- |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
Mortgage Details
|
Mortgage Type: |
AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT |
||
|
Date Charge
Created: |
17/06/03 |
||
|
Date Charge
Registered: |
25/06/03 |
||
|
Date Charge
Satisfied: |
03/08/05 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS TSB BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR
ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ANY SUM OR SUMS STANDING TO THE CREDIT OF ANY PRESENT OR
FUTURE ACCOUNT OF THE COMPANY WITH THE BANK |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge
Created: |
30/08/02 |
||
|
Date Charge
Registered: |
06/09/02 |
||
|
Date Charge
Satisfied: |
29/11/02 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
THE ROYAL BANK OF SCOTLAND 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: |
MORTGAGE |
||
|
Date Charge
Created: |
01/10/91 |
||
|
Date Charge
Registered: |
18/01/91 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
L/H PROPERTY IN UNION WALK HEREFORD FLOATING CHARGE OVER
ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge
Created: |
01/10/91 |
||
|
Date Charge
Registered: |
18/10/91 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY IN UNION WALK HEREFOED T/NO;-HW8786 FLOATING
CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge
Created: |
31/05/94 |
||
|
Date Charge
Registered: |
02/06/94 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
L/H 54 UNION WALK HEREFORD AND ALL BUILDINGS FIXTURES AND
GOODWILL FLOATING CHARGE OVER ALL MOVEABLEPLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge
Created: |
08/03/91 |
||
|
Date Charge
Registered: |
27/04/93 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
7 GULLET LANE KIRBY MUXLOE LEICESTER FLOATING CHARGE OVER
ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge
Created: |
24/07/92 |
||
|
Date Charge
Registered: |
30/07/92 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY K/A 20/22/24 JAMES STREET BOSTON LINCS
T/N:LL62490 FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS
UTENSILS FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge
Created: |
21/02/92 |
||
|
Date Charge
Registered: |
04/03/92 |
||
|
Date Charge
Satisfied: |
03/07/02 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
F/H 70-72-72A AND 74 CHURCHGATE LEICESTER T/N LT 53219
FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge
Created: |
21/02/92 |
||
|
Date Charge
Registered: |
24/02/92 |
||
|
Date Charge
Satisfied: |
25/02/98 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
F/H PROPERTY AT 70,72, 72A AND 74 CHURCHGATE LEICESTER
T/NO;-LT53219 FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS
UTENSILS FURNITURE AND EQUIPMENT |
||
Previous Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
0 |
1 |
|
|
0 |
1 |
|
|
2 |
1 |
|
|
0 |
1 |
|
|
8 |
35 |
|
|
0 |
4 |
|
|
1 |
14 |
|
|
0 |
2 |
|
|
0 |
2 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
0 |
1 |
|
|
3 |
1 |
|
|
1 |
4 |
|
|
0 |
1 |
|
Average Invoice Value |
£724.23 |
|
Invoices available |
513 |
|
Paid |
384 |
|
Outstanding |
129 |
|
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 |
66 |
144 |
74 |
34 |
66 |
|
Outstanding |
0 |
2 |
36 |
21 |
70 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.03 |
|
UK Pound |
1 |
Rs.98.91 |
|
Euro |
1 |
Rs.80.34 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SDA |
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.