MIRA INFORM REPORT
|
Report Date : |
20.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
EAST LIMITED |
|
|
|
|
Formerly Known As : |
Anokhi Wholesale Limited |
|
|
|
|
Registered Office : |
55 Kimber Road, Wandsworth, London, Sw18 4nx |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
09.07.1986 |
|
|
|
|
Com. Reg. No.: |
02035421 |
|
|
|
|
Legal Form : |
Private Limited with Share Capital |
|
|
|
|
Line of Business : |
Engaged in Designing
& Retailing of high quality Women’s Clothing, Accessories & Jewellery Product Women’s Clothing
Product ·
Dresses ·
Tops ·
Kaftans & Tunics ·
Jackets & Coats ·
Jumpers & Cardigans ·
Skirts ·
Trousers ·
Plus Size Accessories& Jewellery Product ·
Scarves ·
Bags & Shoes ·
Necklaces ·
Bracelets & Rings ·
Premium Jewellery ·
Earrings ·
Belts and Hats ·
Brooches & Corsages |
|
|
|
|
No of Employees : |
744 (31.03.2013) |
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 |
|
|
|
|
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 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 |
REGISTERED
NAME & COMPANY SUMMARY
Company Name: EAST
LIMITED
Company No: 02035421
Registered Address: 55 KIMBER ROAD
WANDSWORTH
LONDON
SW18 4NX
Trading Address 55 KIMBER ROAD
WANDSWORTH
LONDON
SW18 4NX
Tel. No.: 02088775900
TPS No
FPS No
Incorporation Date 09.07.1986
Previous Name Anokhi
Wholesale Limited
Type Private
Limited with Share Capital
Date of Change 27.01.2000
Filing Date of Accounts 15.06.2013
Currency GBP
Share Capital £
197,003
SIC07 47710
SIC07 Retail
sale of Clothing in Specialized
Stores
Principal activity The design
& Retail of high quality Women’s Clothing, Accessories & Jewellery
Women’s Clothing
Product
·
Dresses
·
Tops
·
Kaftans & Tunics
·
Jackets & Coats
·
Jumpers & Cardigans
·
Skirts
·
Trousers
·
Plus Size
Accessories& Jewellery Product
·
Scarves
·
Bags & Shoes
·
Necklaces
·
Bracelets & Rings
·
Premium Jewellery
·
Earrings
·
Belts and Hats
· Brooches & Corsages
DIRECTORS/MANAGEMENT
|
Total Current Directors |
5 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
17 |
Current Directors
|
Name |
Clive Hugh Pettigrew |
Date of Birth |
01/09/1950 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
6 |
Function |
Director |
|
Appointment Date |
18/07/1991 |
|
|
|
Address |
2 Cumberland Road, Barnes, London, SW13 9LY |
||
|
Name |
Penelope Anne Oliver |
Date of Birth |
15/03/1949 |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
06/01/2009 |
|
|
|
Address |
119 Flood Street, London, SW3 5TD |
||
|
Name |
Sunil Chainani |
Date of Birth |
30/12/1957 |
|
Officers Title |
|
Nationality |
Indian |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
06/01/2009 |
|
|
|
Address |
106, 17c Main,, 5th Block, Koramangala,
Bangalore, 560095 |
||
|
Name |
William Bissell |
Date of Birth |
10/06/1966 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
17/11/2011 |
|
|
|
Address |
55 Kimber Road, Wandsworth, London, SW18 4NX
|
||
|
Name |
Suzanne Spink |
Date of Birth |
24/09/1965 |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
13/09/2012 |
|
|
|
Address |
55 Kimber Road, Wandsworth, London, SW18 4NX
|
||
Current Company
Secretary
|
Name |
Clive Pettigrew |
Date of Birth |
- |
|
Officers Title |
Mr |
Nationality |
|
|
Present Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
10/04/2012 |
|
|
|
Address |
55 Kimber Road, Wandsworth, London, SW18 4NX
|
||
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
0 |
1 |
|
|
4 |
21 |
|
|
47 |
56 |
|
|
8 |
3 |
|
|
12 |
4 |
|
|
12 |
4 |
|
|
6 |
4 |
|
|
9 |
10 |
|
|
0 |
2 |
|
|
0 |
1 |
|
|
1 |
2 |
|
|
4 |
5 |
|
|
3 |
6 |
|
|
3 |
6 |
|
|
0 |
2 |
|
|
0 |
1 |
|
|
0 |
1 |
NEGATIVE
INFORMATION
CCJ
|
Total Number of Exact CCJs - |
0 |
Total Value of Exact CCJs - |
|
|
Total Number of Possible CCJs - |
3 |
Total Value of Possible CCJs - |
£3,383 |
|
Total Number of Satisfied CCJs - |
0 |
Total Value of Satisfied CCJs - |
|
|
Total Number of Writs - |
- |
|
|
Possible CCJ
Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ / CJ Details |
|
27/09/2013 |
NORTHAMPTON CCBC |
£2,063 |
Judgement |
3QZ25704 |
- |
THE EAST, HIGH STREET, ELSTREE,
HERTFORDSHIRE, WD6 3EU, WD6 3EU |
|
13/12/2009 |
NORTHAMPTON CCBC |
£360 |
Judgement |
9QZ33569 |
05/02/2010 |
T/AS EAST, FEATHERBED COURT, 2 EASTSHAW
PARADE, SEAHAM, SR7 7XR, SR7 7XR |
|
19/08/2009 |
NORTHAMPTON CCBC |
£960 |
Judgement |
9XE05443 |
- |
, EAST BURSEA FARM, HOLME ON SPALDING MOOR,
YORK, , YO4 4DB |
Exact CCJ Details
|
No CCJs found |
Possible CCJs
Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ Details |
|
27/09/2013 |
NORTHAMPTON CCBC |
£2,063 |
Judgement |
3QZ25704 |
- |
THE EAST, HIGH STREET, ELSTREE,
HERTFORDSHIRE, WD6 3EU, WD6 3EU |
|
13/12/2009 |
NORTHAMPTON CCBC |
£360 |
Judgement |
9QZ33569 |
05/02/2010 |
T/AS EAST, FEATHERBED COURT, 2 EASTSHAW PARADE,
SEAHAM, SR7 7XR, SR7 7XR |
|
19/08/2009 |
NORTHAMPTON CCBC |
£960 |
Judgement |
9XE05443 |
- |
, EAST BURSEA FARM, HOLME ON SPALDING MOOR,
YORK, , YO4 4DB |
Writ Details
|
No writs found |
Mortgage Details
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
04/07/12 |
|
|
|
Date Charge Registered: |
06/07/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
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: |
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 |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
06/08/10 |
|
|
|
Date Charge Registered: |
26/08/10 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
AKZO NOBEL CIF NOMINEES LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
ITS INTEREST IN THE ACCOUNT BEING THE SEPERATE
DESIGNATED INTEREST-BEARING DEPOSIT ACCOUNT SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
23/08/07 |
|
|
|
Date Charge Registered: |
30/08/07 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
IVORY MANAGEMENT LIMITED |
||
|
Amount Secured: |
£32,500.00 DUE OR TO BECOME DUE FROM THE
COMPANY TO |
||
|
Details: |
ALL RIGHT TITLE AND INTEREST IN AND TO THE MONIES
FROM TIME TO TIME CREDITED TOFOR THE TIME BEING STANDING TO THE CREDIT OF THE
ACCOUNT SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
13/08/04 |
|
|
|
Date Charge Registered: |
25/08/04 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
WORKSPACE 2 LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
RENT DEPOSIT OF £21,061.88SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
25/06/03 |
|
|
|
Date Charge Registered: |
28/06/03 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NEATCELLAR LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PREMISES K/A 52 AND 54 LYDDEN
ROAD,LONDON |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
16/11/93 |
|
|
|
Date Charge Registered: |
01/12/93 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
THE L/H PROPERTY K/A 42 BRIDGE STREET CHESTER
CH1 1NQ AND PROCEEDS OF SALE THEREOF TOGETHER WITH AAND AN ASSIGNMENT OF THE
GOODWILL AND CONNECTION OF ANY BUSINESS,TOGETHER WITH ALL FULL BENEFIT OF
ALLLICENCES HELDFLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY IMPLEMENTS
UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
22/02/93 |
|
|
|
Date Charge Registered: |
26/02/93 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H 15 ST ANN STREET MANCHESTER M2 7LG AND
THE PROCEEDS OF SALE THEREOFAND AN ASSIGNMENT OF THE GOODWILL AND CONNECTION OF
ANY BUSINESS, TOGETHER WITHTHE FULL BENEFIT OF ALL LICENCESFLOATING CHARGE
OVER ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
UNIT 20 THE OSIERS ESTATE ENTERPRISE WAY L/BOROUGH
OF WANDSWORTH T/N SGL 471520AND/OR THE PROCEEDS OF SALE.FLOATING CHARGE OVER
ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
UNIT 19 THE OSIERS ESTATE ENTERPRISE WAY L/BOROUGH
OF WANDSWORTH T/N SGL 422331AND/OR THE PROCEEDS OF SALEFLOATING CHARGE OVER
ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
60 NORTH STREET GUILDFORD SURREY T/N SY603955
AND/OR THE PROCEEDS OF SALE.FLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY
IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PROPERTY K/A 4 THE SQUARE RICHMOND SURREY
AND/OR THE PROCEEDS OF SALEFLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY
IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PROPERTY K/A 192 FULHAM ROAD LONDONAND/OR
THE PROCEEDS OF SALE THEREOFFLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY
IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PROPERTY K/A 27 WELLINGTON STREET LONDON
WC2 AND/OR THE PROCEEDS OF SALE THEREOF.FLOATING CHARGEOVER ALL MOVEABLE
PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PROPERTY K/A GROUND FLOOR SHOP PREMISES 23
WEST MARKET PLACE CIRENCESTER GLOS AND/OR THE PROCEEDS OF SALE
THEREOFFLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS
FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/90 |
|
|
|
Date Charge Registered: |
26/04/90 |
|
|
|
Date Charge Satisfied: |
10/07/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
L/H PROPERTY K/A 3 ST MARY\S PASSAGE CAMBRIDGE
AND/OR THE PROCEEDS OF SALE THEREOFFLOATING CHARGE OVER ALL MOVEABLE
PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT |
||
|
Mortgage Type: |
MORTGAGE DEBENTURE |
||
|
Date Charge Created: |
25/08/88 |
|
|
|
Date Charge Registered: |
30/07/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC; |
||
|
Amount Secured: |
|
||
|
Details: |
A SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD
AND LEASEHOLD PROPERTIES AND/OR THE PROCEEDS OF SALE THEREOF FIXED AND
FLOATING CHARGES OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE INCLUDING GOODWILL BOOKDEBTS AND THE BENEFITS OF ANY LICENCES |
||
SHARE
& SHARE CAPITAL INFORMATION
Top 20
Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
FABINDIA INTERNATIONAL PRIVATE LIMITED |
GBP |
197,003 |
ORDINARY |
1 |
100 |
PAYMENT INFORMATION
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 |
- |
- |
|
No Debtor Data |
|
|
Average Invoice Value |
£298.67 |
|
Invoices available |
204 |
|
Paid |
194 |
|
Outstanding |
10 |
|
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 |
150 |
28 |
14 |
1 |
1 |
|
Outstanding |
0 |
0 |
3 |
6 |
1 |
GROUP
STRUCTURE & AFFILIATED COMPANIES
Statistics
|
Group |
3 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding Company |
- |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
FABINDIA OVERSEA PRIVATE LTD |
Group structure
|
Company Name |
|
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
|
02035421 |
31.03.2013 |
N |
£46,044,118 |
FABINDIA
OVERSEA PRIVATE... Statistics
|
Group |
3 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
FINANCIAL
INFORMATION
Profit & Loss
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Weeks |
61 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£46,044,118 |
13.2% |
£40,661,889 |
4.3% |
£38,971,363 |
5.3% |
£37,022,385 |
11.9% |
£33,095,005 |
|
Export |
£1,759,407 |
7.1% |
£1,643,472 |
-5.9% |
£1,745,943 |
1.8% |
£1,715,241 |
-0.3% |
£1,720,940 |
|
Cost of Sales |
£16,806,354 |
5.3% |
£15,954,534 |
21.5% |
£13,126,070 |
-0.2% |
£13,154,384 |
2.8% |
£12,799,739 |
|
Gross Profit |
£29,237,764 |
18.3% |
£24,707,355 |
-4.4% |
£25,845,293 |
8.3% |
£23,868,001 |
17.6% |
£20,295,266 |
|
Wages & Salaries |
£10,392,644 |
19.2% |
£8,715,364 |
2.7% |
£8,489,766 |
7% |
£7,937,946 |
6.3% |
£7,467,447 |
|
Directors Emoluments |
£236,787 |
46.4% |
£161,711 |
-41.7% |
£277,443 |
-13.8% |
£322,000 |
77.2% |
£181,720 |
|
Operating Profit |
-£1,467,936 |
-499.9% |
-£244,695 |
-110.8% |
£2,269,998 |
7.3% |
£2,115,242 |
227.2% |
-£1,663,234 |
|
Depreciation |
£1,105,550 |
16.4% |
£949,675 |
32.7% |
£715,543 |
-18.1% |
£873,861 |
-27.1% |
£1,198,541 |
|
Audit Fees |
£30,000 |
-13% |
£34,500 |
3% |
£33,500 |
- |
£33,500 |
- |
£33,500 |
|
Interest Payments |
£10,309 |
303.6% |
£2,554 |
-72.2% |
£9,199 |
-65.2% |
£26,422 |
-65% |
£75,596 |
|
Pre Tax Profit |
-£1,474,014 |
-515.9% |
-£239,316 |
-110.5% |
£2,270,003 |
8% |
£2,100,895 |
223.6% |
-£1,700,002 |
|
Taxation |
£124,205 |
999.9% |
-£8,228 |
98.8% |
-£709,910 |
-999.9% |
-£57,932 |
-141.2% |
£140,663 |
|
Profit After Tax |
-£1,349,809 |
-445.3% |
-£247,544 |
-115.9% |
£1,560,093 |
-23.6% |
£2,042,963 |
231% |
-£1,559,339 |
|
Dividends Payable |
- |
- |
- |
-100% |
£748,929 |
- |
- |
- |
- |
|
Retained Profit |
-£1,349,809 |
-445.3% |
-£247,544 |
-130.5% |
£811,164 |
-60.3% |
£2,042,963 |
231% |
-£1,559,339 |
Balance Sheet
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Tangible Assets |
£3,125,740 |
-14.2% |
£3,641,690 |
12.8% |
£3,228,437 |
25.7% |
£2,567,590 |
-18.7% |
£3,157,195 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£3,125,740 |
-14.2% |
£3,641,690 |
12.8% |
£3,228,437 |
25.7% |
£2,567,590 |
-18.7% |
£3,157,195 |
|
Stock |
£5,601,843 |
101.2% |
£2,784,231 |
-11.8% |
£3,157,989 |
50.8% |
£2,094,771 |
-13.9% |
£2,433,883 |
|
Trade Debtors |
£381,707 |
9.8% |
£347,621 |
-14% |
£404,026 |
90.6% |
£211,944 |
52.6% |
£138,927 |
|
Cash |
£925,583 |
-73.4% |
£3,482,202 |
-29.9% |
£4,965,695 |
-12.6% |
£5,681,284 |
171% |
£2,096,618 |
|
Other Debtors |
£4,603,530 |
128.6% |
£2,014,197 |
10.9% |
£1,815,764 |
16% |
£1,565,889 |
2.5% |
£1,527,609 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£11,512,663 |
33.4% |
£8,628,251 |
-16.6% |
£10,343,474 |
8.3% |
£9,553,888 |
54.2% |
£6,197,037 |
|
Trade Creditors |
£1,949,380 |
33.7% |
£1,457,783 |
16.5% |
£1,251,209 |
148.3% |
£503,870 |
-42.1% |
£870,787 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£230,035 |
|
Other Short Term Finance |
£10,183 |
999.9% |
£667 |
-95.3% |
£14,234 |
-83.1% |
£84,426 |
2.4% |
£82,464 |
|
Miscellaneous Current Liabilities |
£5,940,486 |
96.2% |
£3,027,487 |
-31.3% |
£4,408,698 |
-1.5% |
£4,475,173 |
44.4% |
£3,099,163 |
|
Total Current Liabilities |
£7,900,049 |
76.1% |
£4,485,937 |
-20.9% |
£5,674,141 |
12.1% |
£5,063,469 |
18.2% |
£4,282,449 |
|
Bank Loans & Overdrafts and LTL |
£598,063 |
118.3% |
£273,904 |
16.3% |
£235,572 |
13.8% |
£206,975 |
-60.3% |
£520,717 |
|
Other Long Term Finance |
£18,585 |
- |
0 |
-100% |
£668 |
-94.8% |
£12,903 |
-86.1% |
£92,570 |
|
Total Long Term Liabilities |
£598,063 |
118.3% |
£273,904 |
16.3% |
£235,572 |
13.8% |
£206,975 |
-28.8% |
£290,682 |
Capital &
Reserves
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Called Up Share Capital |
£197,003 |
-9.2% |
£217,003 |
1.6% |
£213,517 |
- |
£213,517 |
- |
£213,517 |
|
P & L Account Reserve |
£1,005,537 |
-57.7% |
£2,375,346 |
-7.4% |
£2,565,778 |
46.2% |
£1,754,614 |
708.5% |
-£288,349 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£4,937,751 |
0.4% |
£4,917,751 |
0.7% |
£4,882,903 |
- |
£4,882,903 |
0.6% |
£4,855,933 |
|
Shareholder Funds |
£6,140,291 |
-18.2% |
£7,510,100 |
-2% |
£7,662,198 |
11.8% |
£6,851,034 |
43.3% |
£4,781,101 |
Other Financial
Items
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Net Worth |
£6,140,291 |
-18.2% |
£7,510,100 |
-2% |
£7,662,198 |
11.8% |
£6,851,034 |
43.3% |
£4,781,101 |
|
Working Capital |
£3,612,614 |
-12.8% |
£4,142,314 |
-11.3% |
£4,669,333 |
4% |
£4,490,419 |
134.5% |
£1,914,588 |
|
Total Assets |
£14,638,403 |
19.3% |
£12,269,941 |
-9.6% |
£13,571,911 |
12% |
£12,121,478 |
29.6% |
£9,354,232 |
|
Total Liabilities |
£8,498,112 |
78.5% |
£4,759,841 |
-19.5% |
£5,909,713 |
12.1% |
£5,270,444 |
15.2% |
£4,573,131 |
|
Net Assets |
£6,140,291 |
-18.2% |
£7,510,100 |
-2% |
£7,662,198 |
11.8% |
£6,851,034 |
43.3% |
£4,781,101 |
Cash Flow
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Net Cashflow from Operations |
-£1,902,955 |
-402.3% |
£629,513 |
-60% |
£1,574,666 |
-62.8% |
£4,228,643 |
999.9% |
-£22,560 |
|
Net Cashflow before Financing |
-£2,524,920 |
-61.4% |
-£1,564,704 |
-147.1% |
-£633,162 |
-116.2% |
£3,916,610 |
999.9% |
-£385,934 |
|
Net Cashflow from Financing |
-£31,699 |
-139% |
£81,211 |
198.5% |
-£82,427 |
63.7% |
-£227,214 |
-140.6% |
£560,148 |
|
Increase in Cash |
-£2,556,619 |
-72.3% |
-£1,483,493 |
-107.3% |
-£715,589 |
-119.4% |
£3,689,396 |
999.9% |
£174,214 |
Miscellaneous
|
Date Of Accounts |
31/03/13 |
(%) |
31/01/12 |
(%) |
31/01/11 |
(%) |
31/01/10 |
(%) |
31/01/09 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£6,738,354 |
-13.4% |
£7,784,004 |
-1.4% |
£7,897,770 |
11.9% |
£7,058,009 |
39.2% |
£5,071,783 |
|
Number of Employees |
744 |
17.7% |
632 |
9% |
580 |
10.7% |
524 |
0.4% |
522 |
|
Auditors |
BDO LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse
comments |
||||||||
Ratios
|
Date Of Accounts |
31/03/13 |
31/01/12 |
31/01/11 |
31/01/10 |
31/01/09 |
|
Pre-tax profit margin % |
-3.20 |
-0.59 |
5.82 |
5.67 |
-5.14 |
|
Current ratio |
1.46 |
1.92 |
1.82 |
1.89 |
1.45 |
|
Sales/Net Working Capital |
12.75 |
9.82 |
8.35 |
8.24 |
17.29 |
|
Gearing % |
9.70 |
3.60 |
3.10 |
3 |
10.90 |
|
Equity in % |
41.90 |
61.20 |
56.50 |
56.50 |
51.10 |
|
Creditor Days |
18.07 |
13.04 |
11.68 |
4.95 |
9.57 |
|
Debtor Days |
3.53 |
3.11 |
3.77 |
2.08 |
1.52 |
|
Liquidity/Acid Test |
0.74 |
1.30 |
1.26 |
1.47 |
0.87 |
|
Return On Capital Employed % |
-21.87 |
-3.07 |
28.74 |
29.76 |
-33.51 |
|
Return On Total Assets Employed % |
-10.06 |
-1.95 |
16.72 |
17.33 |
-18.17 |
|
Current Debt Ratio |
1.28 |
0.59 |
0.74 |
0.73 |
0.89 |
|
Total Debt Ratio |
1.38 |
0.63 |
0.77 |
0.76 |
0.95 |
|
Stock Turnover Ratio % |
12.16 |
6.84 |
8.10 |
5.65 |
7.35 |
|
Return on Net Assets Employed % |
-24 |
-3.18 |
29.62 |
30.66 |
-35.55 |
ADDITIONAL
INFORMATION
Commentary
|
No exact match CCJs are recorded against the
company. |
|
Net Worth decreased by 18.2% during the
latest trading period. |
|
A 19.3% growth in Total Assets occurred
during the latest trading period. |
|
The company saw a decrease in their Cash Balance
of 73.4% 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 27 years
ago. |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
02/08/2013 |
Annual Returns |
|
26/06/2013 |
New Accounts Filed |
|
26/06/2013 |
New Accounts Filed |
|
12/10/2012 |
New Board Member Ms S. Spink appointed |
|
05/10/2012 |
New Accounts Filed |
|
05/10/2012 |
New Accounts Filed |
|
03/08/2012 |
Annual Returns |
|
16/06/2012 |
Annual Returns |
|
12/04/2012 |
Mr J.J. Keating has resigned as company
secretary |
|
12/04/2012 |
New Company Secretary Mr C. Pettigrew
appointed |
|
05/01/2012 |
Mr P.N. Taylor has left the board |
|
01/12/2011 |
New Board Member Mr P.N. Taylor appointed |
|
24/11/2011 |
New Board Member Mr P. Taylor appointed |
|
22/11/2011 |
S. Jensson has left the board |
|
22/11/2011 |
New Board Member Mr W. Bissell appointed |
Previous Company
Names
|
Date |
Previous Name |
|
27/01/2000 |
ANOKHI WHOLESALE LIMITED |
|
02/04/1987 |
ANOKHI LIMITED |
|
19/09/1986 |
VALUEDEED LIMITED |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.00 |
|
UK Pound |
1 |
Rs.102.05 |
|
Euro |
1 |
Rs.81.71 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.