MIRA
INFORM REPORT
|
Report Date : |
21.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
DEREK RAPHAEL & COMPANY LIMITED |
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Registered Office : |
8-10 Castle Street, Cirencester, Gloucestershire, Gl7 1qa |
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Country : |
United Kingdom |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
21.12.1973 |
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Legal Form : |
Private Limited with Share Capital |
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Line of Business : |
· Engaged in wholesaling Metals & Metal Ores · Engaged in trading in Ferro Alloys, Metals, Ores & Minerals |
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No of Employees : |
03 (31.12.2012) |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 |
REGISTERED NAME & COMPANY SUMMARY
Company Name: DEREK RAPHAEL
& COMPANY LIMITED
Registered Address: 8-10 Castle Street,
Cirencester,
Gloucestershire.
GL7 1QA
United Kingdom.
Trading Address 118
Baker Street, London
W1U6TT
Tel. No.: 02074866000
Web: http://www.derek-raphael.co.uk
TPS No
FPS No
Incorporation Date 21/12/1973
Type Private Limited with Share Capital
Filing Date of Accounts 16/05/2013
Currency GBP
Share Capital £ 1,000,000
SIC07 46720
SIC07 Wholesaler
of Metals & Metal Ores
Principal activity Trading in Ferro Alloys, Metals, Ores
& Minerals. Account Data converted from Us Dollar.
DIRECTORS/MANAGEMENT
|
Total
Current Directors |
2 |
|
Total
Current Secretaries |
1 |
|
Total
Previous Directors / Company Secretaries |
14 |
Current Directors
|
Name |
Date of
Birth |
03/09/1938 |
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Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
9 |
Function |
Director |
|
Appointment
Date |
16/05/1991 |
|
|
|
Address |
99
Clifton Hill, London, NW8 0JR |
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|
Name |
Date of
Birth |
15/04/1969 |
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
12 |
Function |
Director |
|
Appointment
Date |
13/06/2001 |
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|
|
Address |
Birch
House Ampney Crucis, Cirencester, Gloucestershire, GL7 5SG |
||
Current Company
Secretary
|
Name |
Date of
Birth |
24/07/1946 |
|
|
Officers
Title |
Mrs |
Nationality |
British |
|
Present
Appointments |
10 |
Function |
Company
Secretary |
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Appointment
Date |
30/09/2001 |
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|
|
Address |
Spearhill,
Billingshurst Road, Ashington, West Sussex, RH20 3BA |
||
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
18 |
2 |
|
|
18 |
2 |
|
|
5 |
6 |
|
|
36 |
39 |
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|
1 |
11 |
|
|
1 |
11 |
|
|
0 |
4 |
|
|
8 |
15 |
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|
8 |
15 |
|
|
6 |
5 |
|
|
1 |
4 |
|
|
0 |
2 |
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|
8 |
4 |
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|
1 |
2 |
NEGATIVE INFORMATION
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: |
09/04/14 |
|
|
|
Date
Charge Registered: |
29/04/14 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
HSBC BANK
PLC; |
||
|
Amount
Secured: |
|
||
|
Details: |
CONTAINS
FIXED CHARGE.CONTAINS NEGATIVEPLEDGE. |
||
|
Mortgage
Type: |
|
||
|
Date
Charge Created: |
09/04/14 |
|
|
|
Date
Charge Registered: |
24/04/14 |
|
|
|
Date Charge
Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
HSBC BANK
PLC; |
||
|
Amount
Secured: |
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||
|
Details: |
CONTAINS
FIXED CHARGE.CONTAINS NEGATIVEPLEDGE. |
||
|
Mortgage
Type: |
DEED OF
ASSIGNMENT EXECUTED OUTSIDE THEUNITED KINGDOM OVER PROPERTY SITUATED THERE |
||
|
Date
Charge Created: |
13/01/09 |
|
|
|
Date
Charge Registered: |
11/02/09 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
ING
BELGIUM, BRUSSELS, GENEVA BRANCH |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ANY
RIGHTS TO THE GOODS, AS WELL AS ANYCLAIMS ARISING IN RELATION TO THE FURTHER
SALE OF SUCH GOODSSEE IMAGE FOR FULLDETAILS |
||
|
Mortgage
Type: |
DEED OF
PLEDGE EXECUTED OUTSIDE THE UNITED KINGDOM OVER PROPERTY SITUATED THERE |
||
|
Date
Charge Created: |
13/01/09 |
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|
|
Date
Charge Registered: |
11/02/09 |
|
|
|
Date
Charge Satisfied: |
- |
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|
Status: |
OUTSTANDING |
|
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Person(s)
Entitled: |
ING
BELGIUM |
||
|
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: |
ALL
SECURITIES VALUABLES CLAIMS DOCUMENTS RELATING TO CLAIMS OR PARTICIPATIONS
MONIES AMOUNTS OUTSTANDING IN ANY CURRENCY AND ALL OTHER ASSETS SEE IMAGE FOR
FULL DETAILS |
||
|
Mortgage
Type: |
MORTGAGE
DEBENTURE |
||
|
Date
Charge Created: |
11/07/08 |
|
|
|
Date
Charge Registered: |
24/02/14 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
DBS BANK
LIMITED; |
||
|
Amount
Secured: |
|
||
|
Details: |
FIXED AND
FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES,
FIXED PLANT & MACHINERY SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage
Type: |
GENERAL
CHARGE OF RECEIVABLES AND CONTRACT RIGHTS |
||
|
Date
Charge Created: |
11/06/08 |
|
|
|
Date
Charge Registered: |
24/02/14 |
|
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|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
DBS BANK
LIMITED; |
||
|
Amount
Secured: |
|
||
|
Details: |
ALL THE
COMPANY'S RIGHT, TITLE BENEFITSAND INTEREST IN AND TO ALL RECEIVABLES
INCLUDES, INTER ALIA;(I) ANY CONTRACT OFPURCHASE OR SALE FINANCED WHOLLY OR
IN PART DIRECTLY OR INDIRECTLY BY THE BANK;(II) ANY MONIES ARISING FROM SUCH
CONTRACT. |
||
|
Mortgage
Type: |
DEED OF
GENERAL PLEDGE, HYPOTHECATION AND CHARGE |
||
|
Date
Charge Created: |
04/06/08 |
|
|
|
Date Charge
Registered: |
18/06/08 |
|
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|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
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|
Person(s)
Entitled: |
ING BANK N.V. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ALL ITS
RIGHT, TITLE AND INTEREST IN THE SECURED DOCUMENTS AND SECURED GOODS SEE
IMAGE FOR FULL DETAILS |
||
|
Mortgage
Type: |
MORTGAGE
DEBENTURE |
||
|
Date
Charge Created: |
01/08/01 |
|
|
|
Date
Charge Registered: |
18/02/14 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SINGER
& FRIEDLANDER LIMITED; |
||
|
Amount
Secured: |
|
||
|
Details: |
FIXED AND
FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED
PLANT AND MACHINERY |
||
|
Mortgage
Type: |
DEED OF
ASSIGNMENT OF RECEIVABLES AND ACCOUNT CHARGE |
||
|
Date
Charge Created: |
07/08/00 |
|
|
|
Date
Charge Registered: |
21/08/00 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
FORTIS BANK SA/NV |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ALL
RIGHTS UNDER OR IN CONNECTION WITH THE ASSIGNED PROPERTY AND ALL CLAIMS
RELATING THERETO AND ALLMONIES INCLUDING INTEREST FROM TIME TO TIME STANDING
TO THE CREDIT IN THE SPECIFIED ACCOUNT SEE THEMORTGAGE CHARGE DOCUMENT FOR
FULL DETAILS |
||
|
Mortgage
Type: |
DEED OF
PLEDGING RECEIVABLES |
||
|
Date
Charge Created: |
08/04/97 |
|
|
|
Date
Charge Registered: |
11/04/97 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
DEUTSCHE BANK DE BARY N.V. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS
OF THIS DEED OF PLEDGING RECEIVABLES |
||
|
Details: |
ALL THE
PRESENT AND FUTURE RECEIVABLES OF DEREK RAPHAEL & CO. LTD FROM THIRD
PARTIES WHICH ARE FINANCED BY DEUTSCHE BANK DE BARY N.V., WHETHER MADE OUT TO
ORDER OR TO BEARER, AS SOON AS THESE RECEIVABLES BECOME AVAILABLE FOR
PLEDGING. |
||
|
Mortgage
Type: |
DEED OF
PLEDGING STOCKS |
||
|
Date
Charge Created: |
08/04/97 |
|
|
|
Date
Charge Registered: |
11/04/97 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
DEUTSCHE BANK DE BARY N.V. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS
OF THIS DEED OF PLEDGING STOCKS |
||
|
Details: |
ALL THE PRESENT
AND FUTURE STOCKS WHICHARE FINANCED BY DEUTSCHE BANK DE BARY N.V., INCLUDING
ALL STOCKS OF RAW MATERIAL AND SEMI- FINISHED PRODUCTS, ALL IN THE WIDEST
SENSE OF THE WORD REGARDLESS OFWHERE AND IN WHAT CONDITION THE GOODS ARE
KEPT. |
||
|
Mortgage
Type: |
GENERAL
CHARGE OF RECEIVABLES AND CONTRACT RIGHTS |
||
|
Date
Charge Created: |
27/11/96 |
|
|
|
Date
Charge Registered: |
18/02/14 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
SINGER
& FRIEDLANDER LIMITED; |
||
|
Amount
Secured: |
|
||
|
Details: |
ALL THE
COMPANY'S RIGHT TITLE AND BENEFITS AND INTEREST IN AND TO ALL
"RECEIVABLES" WHICH EXPRESSION IS MORE PARTICULARLY DEFINED IN THE
CHARGE BUT WHICH (WITHOUT PREJUDICE TO SUCH DEFINITION) INCLUDES INTER ALIA;
(I) ANY CONTRACT OF PURCHASE OR SALE FINANCED WHOLLY OR IN PART DIRECTLY OR
INDIRECTLY BY THE BANK. (II) ANY MONIES ARSING FROM SUCH CONTRACT. |
||
|
Mortgage
Type: |
FIXED
CHARGE OVER BOOK DEBTS |
||
|
Date
Charge Created: |
18/04/96 |
|
|
|
Date
Charge Registered: |
08/05/96 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
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
CHARGE OVER ALL BOOK AND OTHER DEBTS ARISING AS ARESULT OF SALES OF METALS
PURSUANT TO A FACILITY LETTER DATED 18TH MAY 1995 SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
||
|
Mortgage
Type: |
FIXED
CHARGE |
||
|
Date
Charge Created: |
27/07/95 |
|
|
|
Date
Charge Registered: |
15/08/95 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
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: |
ALL BOOK
DEBTS AND OTHER DEBTS FROM TIME TOT IME DUE OWING OR INCURRED TO THE COMPANY
ARISING AS A RESULT OF SALES OF METALS AND OTHER COMMODITIES THE PURCHASEOF
WHICH HAVE BEEN FINANCED BY THE BANKPURSUANT TO A FACILITY LETTER DATED 18TH
MAY 1995. |
||
|
Mortgage
Type: |
RECEIVABLES
ASSIGNMENT |
||
|
Date
Charge Created: |
01/12/94 |
|
|
|
Date
Charge Registered: |
14/12/94 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
MOSCOW
NARODNY BANK LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER UNDER THEFACILITY AGREEMENT DATED 1ST DECEMBER 1994 AND/OR THE
ASSIGNMENT AND/OR ANY OTHER SECURITY DOCUMENT(AS DEFINED) |
||
|
Details: |
ALL
RIGHTS OF EVERY KIND IN RELATION TOANY INVOICE REFERRED TO IN A RECEIVABLES
NOTICE OR ANY SUMS UNDER OR IN CONNECTION SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
||
|
Mortgage
Type: |
GENERAL
LETTER OF PLEDGE AND HYPOTHECATION |
||
|
Date
Charge Created: |
01/12/94 |
|
|
|
Date
Charge Registered: |
14/12/94 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
MOSCOW
NARODNY BANK LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER UNDER THETERMS OF THE DEED (AS DEFINED THEREIN) |
||
|
Details: |
A PLEDGE
UPON ALL GOODS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage
Type: |
GENERAL
CHARGE OF RECEIVABLES AND CONTRACT RIGHTS |
||
|
Date
Charge Created: |
07/02/94 |
|
|
|
Date
Charge Registered: |
25/02/94 |
|
|
|
Date
Charge Satisfied: |
19/11/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
HILL
SAMUEL BANK LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ALL THE
COMPANY\S RIGHT TITLE BENEFITS AND INTEREST IN AND TO ALL RECEIVABLES WHICH
EXPRESSION IS MORE PARTICULARLY DEFINED IN THE DEED OF CHARGE BUT WHICH
(WITHOUT PREJUDICE TO SUCH DEFINITION ) INCLUDES INTER ALIA; (1) ANY CONTRACT
OF PURCHASE OR SALE FINANCED WHOLLY OR IN PART DIRECTLY OR INDIRECTLYBY THE
BANK |
||
|
Mortgage
Type: |
LETTER OF
HYPOTHECATION AND LIEN |
||
|
Date
Charge Created: |
03/11/92 |
|
|
|
Date
Charge Registered: |
20/11/92 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
AUSTRALIA
AND NEW ZEALAND BANKING GROUP LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ALL BILLS
OF EXCHANGE, PROMISSORY NOTESAND NEGOTIABLE INSTRUMENTS OF ANY DESCRIPTION,
ALL BILL OF LADING, DOCK WARRANTS, DELIVERY ORDERS, WAREHOUSE WARRANTS AND
RECEIPTS (FOR FULL DETAILS SEE FORM 395) |
||
|
Mortgage
Type: |
ASSIGNMENT
OF RECEIVABLES |
||
|
Date
Charge Created: |
16/03/92 |
|
|
|
Date
Charge Registered: |
02/04/92 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
BANQUE
BRUXELLES LAMBERT (SUISSE) S.A. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS
OF THE CHARGE |
||
|
Details: |
ALL RECEIVABLES
WHERE FINANCE HAS BEEN OR WILL BE AFFORDED BY THE BANK TO ASSIST IN THE
PURCHASE OFTHE UNDERLYING TRADE ASSETS, TOGETHER WITH ALL PREFERENTIALAND
ANCILLIARY RIGHTS ATTACHED TO SUCHRECEIVABLES |
||
|
Mortgage
Type: |
DEED OF
PLEDGE AND ASSIGNMENT |
||
|
Date Charge
Created: |
16/03/92 |
|
|
|
Date
Charge Registered: |
02/04/92 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
BANQUE
BRUXELLES LAMBERT (SUISSE) SA |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS
OF THE CHARGE |
||
|
Details: |
ALL
SECURITIES, VALUABLES, CLAIMS, DOCUMENTS RELATING TO CLAIMS OR
PARTICIPATIONS, MONIES, AMOUNTS OUTSTANDING IN ANY CURRENCY, AND ALL OTHER
ASSETS INCLUDING ALL DUE AND FUTURE RIGHTS AND PROCEEDS DERIVING FROM THEM
WHICH ARE OR WILL BE HELD EITHER ENTIRELY OR IN PART UNDER WHATEVER
DESIGNATION BYTHE BANK OR ELSEWHERE IN THE NAME OF THE BANK FOR ACCOUNT OFTHE
COMPANY(FOR FULL DETAILS SEE FORM 395 AND CONTD SHEETS) |
||
|
Mortgage
Type: |
GENERAL
ASSIGNMENT OF RECEIVABLES |
||
|
Date
Charge Created: |
20/03/92 |
|
|
|
Date
Charge Registered: |
27/03/92 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
BANK MEES
& HOPE NV |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
CLAUSE 2
OF THE ASSIGNMENT PROVIDES THAT THE COMPANY AS BENEFICIAL OWNER IRREVOCABLY
ASSIGNS ABSOLUTELY AND AGRESS TO ASSIGN ABSOLUTELY TO THE BANK ALL ITS RIGHT,
TITLE AND INTEREST IN AND TO ALL RECEIVABLES AS A CONTINUING SECURITY FOR THE
PAYMENT OR DISCHARGE TO THE BANK ON DEMAND OF THE SECURED LIABILITIES(FOR
FULL DETAILS SEE FROM 395 AND CONTD SHEETS) |
||
|
Mortgage
Type: |
SECURITY
ASSIGNMENT |
||
|
Date
Charge Created: |
20/01/92 |
|
|
|
Date
Charge Registered: |
05/02/92 |
|
|
|
Date
Charge Satisfied: |
06/10/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
BSI-BANCA DELLA SVIZZERA ITALIANA |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
(A)
CERTAIN LETTERS OF CREDIT OF WHICH THE COMPANY IS THE BENEFICIARY OR
TRANSFEREE TOGETHER WITH (1) ALL SUMS PAYABLE AND ALL BENEFITS OR PROCEEDS
ARISING (11) ALL DRAFTS DRAWN OR UNDERTAKINGS OR GUARANTEES GIVEN AND (111)
ALL RIGHTS, ACTIONS AND REMEIES ACCRUING |
||
|
Mortgage
Type: |
SECURITY
AGREEMENT OVER CASH DEPOSITS |
||
|
Date
Charge Created: |
20/01/92 |
|
|
|
Date
Charge Registered: |
05/02/92 |
|
|
|
Date
Charge Satisfied: |
06/10/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
BSI-BANCA DELLA SVIZZERA ITALIANA |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ANY SUM
DEPOSITED IN CERTAIN ACCOUNTS OF THE COMPANY WITH THE BANK\S LONDON BRANCH
TOGETHER WITH ALLINTEREST ACCRUED |
||
|
Mortgage
Type: |
MEMORANDUM
OF DEPOSIT OF SECURITIES |
||
|
Date
Charge Created: |
28/10/91 |
|
|
|
Date
Charge Registered: |
14/11/91 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
AUSTRALIA
AND NEW ZEALAND BANKING GROUP LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ALL
INTEREST DIVIDENDS, BONUS ISSUES, OFFERS BY WAY OF RIGHTS,
BENEFITS,RIGHTS,AND ENTITLEMENTS. FOR FULL DETAILS SEE FORM 395) |
||
|
Mortgage
Type: |
LEGAL
CHARGE |
||
|
Date
Charge Created: |
13/12/90 |
|
|
|
Date
Charge Registered: |
19/12/90 |
|
|
|
Date
Charge Satisfied: |
05/12/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
L/HOLD
LAND AT CLAY STREET AND BROMPTONROAD, SHEFFIELD. |
||
|
Mortgage
Type: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
31/07/90 |
|
|
|
Date
Charge Registered: |
01/08/90 |
|
|
|
Date
Charge Satisfied: |
05/12/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
LAND
& BUILDINGS AT CLAY STREET, MALTBYSTREET AND NORMAN STREET, SHEFFIELD
SOUTH YORKSHIRE. TITLE NO\S SYK 50866, SYK 4117, SYK 239912, SYK 261829 |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
06/07/90 |
|
|
|
Date
Charge Registered: |
12/07/90 |
|
|
|
Date
Charge Satisfied: |
19/01/02 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
A
FLOATING CHARGE OVER ALL STOCK OF METALS AND ALLOY SITUATE AT THE COMPANY\S
PREMISES AT CLAY STREET, ALTERCLIFFE, SHEFFIELD PRESENT AND FUTURE BUT SO
THAT THE COMPANY SHALL NOT WITHOUT THE BANK\S CONSENT CREATE ANY MORTGAGE OR
CHARGE RANKING IN PRIORITY TO OR PARI PASSY WITH THIS CHARGE |
||
|
Mortgage
Type: |
ASSIGNMENT |
||
|
Date
Charge Created: |
26/09/86 |
|
|
|
Date
Charge Registered: |
16/10/86 |
|
|
|
Date
Charge Satisfied: |
11/08/92 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
IBI
FINANCE (UK) PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
ASSIGNMENT
OF THE COMPANY'S SALES CONTRACTS COVERING GARDS FINANCED BY IBI FINANCE (UK)
PLC |
||
|
Mortgage
Type: |
CHARGE |
||
|
Date
Charge Created: |
18/09/85 |
|
|
|
Date
Charge Registered: |
26/09/85 |
|
|
|
Date
Charge Satisfied: |
26/09/85 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE CHASE
MANHATTAN BANK. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
ALL STEEL
PRODUCTS WAREHOUSED BY THE COMPANY WITH ECCLES TRANSPORT LIMITED AT PRIMROSE
PARK, GREASEBOROUGH ROAD ROTHERHAM. |
||
|
Mortgage
Type: |
LETTER |
||
|
Date
Charge Created: |
17/04/84 |
|
|
|
Date
Charge Registered: |
02/05/84 |
|
|
|
Date
Charge Satisfied: |
02/05/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE CHASE
MANHATTAN BANK N.A. |
||
|
Amount
Secured: |
VARYING
THE TERMS OF A CONTRACTS LETTERDATED 17TH JANUARY 1984 BY LIMITING THEAMOUNT
DUE TO £1,000,000 |
||
|
Details: |
ALL
CONTRACTS OF SALE (AND PROCEEDS THEREOF) BY UNITING THE AMOUNT DUE
AS£1,000,000 BETWEEN THE SHEFFIELD OFFICEOF THE COMPANY AND VARIOUS BUYERS. |
||
|
Mortgage
Type: |
ASSIGNMENT |
||
|
Date
Charge Created: |
17/01/84 |
|
|
|
Date
Charge Registered: |
30/01/84 |
|
|
|
Date
Charge Satisfied: |
30/01/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE CHASE
MANHATTAN BANK N.A. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
ALL
CONTRACTS OF SALE AND PROCEEDS THERE OF BETWEEN THE SHEFFIELD OFFICE OF
THECOMPANY AND VARIOUS BUYERS. |
||
|
Mortgage
Type: |
ASSIGNMENT
OF CASH |
||
|
Date
Charge Created: |
31/03/83 |
|
|
|
Date
Charge Registered: |
11/04/83 |
|
|
|
Date
Charge Satisfied: |
11/04/83 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
THE CHASE
MANHATTAN BANK N.A. |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
A DEPOSIT
OF US $952,250 |
||
|
Mortgage
Type: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
28/04/80 |
|
|
|
Date
Charge Registered: |
13/08/80 |
|
|
|
Date
Charge Satisfied: |
13/08/80 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
43
TOPSIDE, GRENOSIDE, SHEFFIELD. SYK 2901 FLOATING CHARGE OVER ALL MOVEABLE
PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT |
||
SHARE & SHARE CAPITAL INFORMATION
Top 20
Shareholders
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
% of
Total Share Count |
|
DEREK
RAPHAEL (HOLDINGS) LTD |
GBP |
999,999 |
ORDINARY |
1 |
100 |
|
DEREK
NEALE RAPHAEL & SHAREHOLDER NAME MISSING |
GBP |
1 |
ORDINARY |
1 |
0 |
PAYMENT INFORMATION
|
Average
Invoice Value |
£11 |
|
Invoices
available |
1 |
|
Paid |
1 |
|
Outstanding
|
0 |
|
Trade
Payment Data is information that we collect from selected third party
partners who send us information about their whole sales ledger. |
|
|
Within
Terms |
0-30 Days |
31-60
Days |
61-90
Days |
91+ Days |
|
Paid |
0 |
1 |
0 |
0 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
GROUP STRUCTURE & AFFILIATED COMPANIES
Statistics
|
Group |
4
companies |
|
Linkages |
|
|
Countries
|
Summary
|
Holding
Company |
DEREK
RAPHAEL (HOLDINGS) LIMITED |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
DEREK
RAPHAEL (HOLDINGS) LIMITED |
Group structure
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
01897504 |
31.12.2012 |
Y |
£326,917,542
|
|
|
03061333 |
31.12.2012 |
N |
£365,169 |
|
|
03082542 |
31.12.2013 |
N |
|
|
|
01153094 |
31.12.2012 |
N |
£326,917,542
|
DEREK
RAPHAEL (HOLDINGS)...FINANCIAL INFORMATION
Profit & Loss
|
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 |
£326,917,542 |
-23.6% |
£427,891,190 |
8.6% |
£393,827,884 |
111.6% |
£186,081,968 |
-63.5% |
£510,197,257 |
|
Export |
£293,950,878 |
-22.2% |
£377,872,209 |
6.8% |
£353,730,828 |
97.9% |
£178,778,700 |
-62.1% |
£471,768,507 |
|
Cost of
Sales |
£324,238,979 |
-23% |
£421,111,111 |
9.8% |
£383,478,539 |
124.6% |
£170,774,122 |
-65.9% |
£501,149,000 |
|
Gross
Profit |
£2,678,563 |
-60.5% |
£6,780,079 |
-34.5% |
£10,349,345 |
-32.4% |
£15,307,845 |
69.2% |
£9,048,257 |
|
Wages
& Salaries |
£49,560 |
-10.5% |
£55,390 |
0.5% |
£55,109 |
24.3% |
£44,339 |
32.2% |
£33,548 |
|
Directors
Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Profit |
£1,766,333 |
-68.9% |
£5,679,293 |
-39.8% |
£9,440,232 |
-32% |
£13,877,137 |
144% |
£5,686,700 |
|
Depreciation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Audit
Fees |
£9,929 |
37.3% |
£7,229 |
-10.5% |
£8,078 |
49.4% |
£5,405 |
-53.6% |
£11,648 |
|
Interest
Payments |
£1,129,827 |
1.6% |
£1,112,509 |
27.6% |
£871,935 |
190.6% |
£300,052 |
-87.5% |
£2,407,924 |
|
Pre Tax
Profit |
£636,506 |
-86.1% |
£4,579,205 |
-46.6% |
£8,568,374 |
-37.3% |
£13,662,516 |
307.3% |
£3,354,598 |
|
Taxation |
-£227,444 |
83.1% |
-£1,347,196 |
35.8% |
-£2,099,840 |
47.8% |
-£4,024,254 |
-326.4% |
-£943,859 |
|
Profit
After Tax |
£409,062 |
-87.3% |
£3,232,009 |
-50% |
£6,468,534 |
-32.9% |
£9,638,262 |
299.8% |
£2,410,740 |
|
Dividends
Payable |
£3,219,586 |
-58.5% |
£7,766,413 |
-14.4% |
£9,072,335 |
-20.1% |
£11,356,959 |
- |
- |
|
Retained
Profit |
-£2,810,524 |
38% |
-£4,534,404 |
-74.1% |
-£2,603,800 |
-51.5% |
-£1,718,697 |
-171.3% |
£2,410,740 |
Balance Sheet
|
Date Of
Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Tangible
Assets |
£418,598 |
-31.6% |
£611,749 |
8.4% |
£564,442 |
999.9% |
£24,249 |
-94.1% |
£412,465 |
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Fixed Assets |
£418,598 |
-31.6% |
£611,749 |
8.4% |
£564,442 |
999.9% |
£24,249 |
-94.1% |
£412,465 |
|
Stock |
£45,917,057 |
-22.4% |
£59,161,752 |
5.6% |
£56,013,099 |
75.9% |
£31,843,454 |
4.1% |
£30,576,447 |
|
Trade
Debtors |
£16,467,997 |
-46.6% |
£30,865,385 |
-14.9% |
£36,250,380 |
126.7% |
£15,993,599 |
-11.9% |
£18,146,439 |
|
Cash |
£1,102,806 |
-53% |
£2,345,063 |
-28.5% |
£3,280,328 |
81.1% |
£1,811,573 |
46.5% |
£1,236,888 |
|
Other
Debtors |
£775,748 |
77.9% |
£435,944 |
-14.5% |
£510,055 |
-44.3% |
£915,792 |
186.2% |
£319,979 |
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Current Assets |
£64,263,608 |
-30.8% |
£92,808,144 |
-3.4% |
£96,053,863 |
90% |
£50,564,417 |
0.6% |
£50,279,753 |
|
Trade
Creditors |
£3,100,538 |
5% |
£2,953,056 |
-59.6% |
£7,316,520 |
226.7% |
£2,239,341 |
-50.7% |
£4,546,459 |
|
Bank
Loans & Overdrafts |
£30,654,364 |
-48.2% |
£59,164,759 |
-3.9% |
£61,568,634 |
261.5% |
£17,029,117 |
177.8% |
£6,129,647 |
|
Other
Short Term Finance |
£16,027,822 |
27.8% |
£12,545,428 |
172.1% |
£4,609,897 |
-14.1% |
£5,365,200 |
-51.5% |
£11,070,226 |
|
Miscellaneous
Current Liabilities |
£1,163,599 |
-42.3% |
£2,017,092 |
6.2% |
£1,900,177 |
-55.6% |
£4,280,981 |
58.6% |
£2,698,716 |
|
Total
Current Liabilities |
£50,946,323 |
-33.6% |
£76,680,335 |
1.7% |
£75,395,228 |
160.8% |
£28,914,639 |
18.3% |
£24,445,049 |
|
Bank
Loans & Overdrafts and LTL |
£30,654,364 |
-48.2% |
£59,164,759 |
-3.9% |
£61,568,634 |
261.5% |
£17,029,117 |
177.8% |
£6,129,647 |
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Long Term Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
Capital &
Reserves
|
Date Of
Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Called Up
Share Capital |
£1,263,856 |
- |
£1,263,856 |
0.1% |
£1,262,878 |
7.4% |
£1,176,248 |
-9.5% |
£1,300,278 |
|
P & L
Account Reserve |
£12,461,203 |
-19.4% |
£15,464,879 |
-22.5% |
£19,949,384 |
-2.6% |
£20,487,705 |
-17.8% |
£24,935,756 |
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry
Reserves |
£10,824 |
- |
£10,824 |
0.1% |
£10,815 |
7.4% |
£10,073 |
-9.5% |
£11,135 |
|
Shareholder
Funds |
£13,735,882 |
-17.9% |
£16,739,558 |
-21.1% |
£21,223,077 |
-2.1% |
£21,674,027 |
-17.4% |
£26,247,169 |
Other Financial
Items
|
Date Of
Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Net Worth |
£13,735,882 |
-17.9% |
£16,739,558 |
-21.1% |
£21,223,077 |
-2.1% |
£21,674,027 |
-17.4% |
£26,247,169 |
|
Working
Capital |
£13,317,285 |
-17.4% |
£16,127,809 |
-21.9% |
£20,658,635 |
-4.6% |
£21,649,778 |
-16.2% |
£25,834,704 |
|
Total
Assets |
£64,682,205 |
-30.8% |
£93,419,893 |
-3.3% |
£96,618,305 |
91% |
£50,588,666 |
-0.2% |
£50,692,218 |
|
Total
Liabilities |
£50,946,323 |
-33.6% |
£76,680,335 |
1.7% |
£75,395,228 |
160.8% |
£28,914,639 |
18.3% |
£24,445,049 |
|
Net
Assets |
£13,735,882 |
-17.9% |
£16,739,558 |
-21.1% |
£21,223,077 |
-2.1% |
£21,674,027 |
-17.4% |
£26,247,169 |
Miscellaneous
|
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 |
£13,735,882 |
-17.9% |
£16,739,558 |
-21.1% |
£21,223,077 |
-2.1% |
£21,674,027 |
-17.4% |
£26,247,169 |
|
Number of
Employees |
3 |
- |
3 |
50% |
2 |
- |
2 |
- |
2 |
|
Auditors |
WARD
GOODMAN |
||||||||
|
Auditor
Comments |
The audit
report contains no adverse comments |
||||||||
|
Bankers |
AUSTRALIA
& NEW ZEALAND BANKING |
||||||||
Ratios
|
Date Of
Accounts |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
31/12/08 |
|
Pre-tax
profit margin % |
0.19 |
1.07 |
2.18 |
7.34 |
0.66 |
|
Current
ratio |
1.26 |
1.21 |
1.27 |
1.75 |
2.06 |
|
Sales/Net
Working Capital |
24.55 |
26.53 |
19.06 |
8.60 |
19.75 |
|
Gearing % |
223.20 |
353.40 |
290.10 |
78.60 |
23.40 |
|
Equity in
% |
21.20 |
17.90 |
22 |
42.80 |
51.80 |
|
Creditor
Days |
3.45 |
2.51 |
6.76 |
4.38 |
3.24 |
|
Debtor
Days |
18.33 |
26.25 |
33.50 |
31.28 |
12.94 |
|
Liquidity/Acid
Test |
0.36 |
0.43 |
0.53 |
0.64 |
0.80 |
|
Return On
Capital Employed % |
4.63 |
27.35 |
40.37 |
63.03 |
12.78 |
|
Return On
Total Assets Employed % |
0.98 |
4.90 |
8.86 |
27 |
6.61 |
|
Current
Debt Ratio |
3.70 |
4.58 |
3.55 |
1.33 |
0.93 |
|
Total
Debt Ratio |
3.70 |
4.58 |
3.55 |
1.33 |
0.93 |
|
Stock
Turnover Ratio % |
14.04 |
13.82 |
14.22 |
17.11 |
5.99 |
|
Return on
Net Assets Employed % |
4.63 |
27.35 |
40.37 |
63.03 |
12.78 |
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 |
ADDITIONAL INFORMATION
Commentary
|
No exact
match CCJs are recorded against the company. |
|
|
Sales in
the latest trading period decreased 23.6% on the previous trading period. |
|
|
Net Worth
decreased by 17.9% during the latest trading period. |
|
|
A 30.8%
decline in Total Assets occurred during the latest trading period. |
|
|
Pre-tax
profits decreased by 86.1% compared to the previous trading period. |
|
|
The
company saw a decrease in their Cash Balance of 53% 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 was established over 40 years ago. |
|
Status History
|
No Status
History found. |
Event History
|
Date |
Description |
|
31/05/2014 |
Annual
Returns |
|
08/06/2013 |
Annual
Returns |
|
29/05/2013 |
New
Accounts Filed |
|
29/05/2013 |
New
Accounts Filed |
|
10/07/2012 |
New
Accounts Filed |
|
10/07/2012 |
New
Accounts Filed |
|
28/05/2012 |
Annual
Returns |
|
27/05/2011 |
Annual
Returns |
|
18/05/2011 |
New
Accounts Filed |
|
18/05/2011 |
New
Accounts Filed |
|
13/07/2010 |
New
Accounts Filed |
|
13/07/2010 |
New
Accounts Filed |
|
29/05/2010 |
Annual
Returns |
|
26/10/2009 |
Mr I.E.
Benattar has left the board |
|
26/10/2009 |
Mr W.H.
Frankel has left the board |
Previous Company
Names
|
No
Previous Names found. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.28 |
|
UK Pound |
1 |
Rs.102.77 |
|
Euro |
1 |
Rs.82.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.