|
Report Date : |
28.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
CJY GLOBAL LTD |
|
|
|
|
Registered Office : |
Orchard House Spring Hill Wellington Telford TF1 3NA |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financial (as on) : |
30.11.2013 |
|
|
|
|
Date of Incorporation : |
19.06.2012 |
|
|
|
|
Com. Reg. No.: |
08110288 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Retail Sale Not In Stores, Stalls Or Markets [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
|
|
|
|
No. of Employees |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
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 |
CJY GLOBAL LTD
Company No: 08110288
Registered Address: ORCHARD HOUSE
SPRING HILLWELLINGTON
TELFORD
TF1 3NA
Registered Address
ORCHARD
HOUSE SPRING HILL
WELLINGTON
TELFORD
TF1 3NA
Trading Address
Orchard
House
Spring Hill
Wellington
Telford, Shropshire
TF1 3NA
Website Address http://www.cjyglobal.com
Telephone Number -
TPS -
FPS No
Incorporation Date 19/06/2012
Type Private limited with Share Capital
Filing Date of Accounts 17/03/2014
Currency GBP
Share Capital £100
SIC07 47990
SIC07 Description OTHER RETAIL SALE NOT IN STORES, STALLS OR MARKETS
Trade Debtors / Bad
Debt Summary
Total Number of Documented Trade 0
Total Value of Documented Trade £0
|
No exact match CCJs are recorded against the company. |
|
|
No recent changes in directorship are recorded. |
|
|
The company is not part of a group. |
|
|
Newer companies are proven to be more of an insolvency risk than more established companies. |
|
|
The company has changed its registered address recently. |
|
|
The company was established over 18 months ago. |
|
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 - |
- |
|
Total Current Directors |
3 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
0 |
|
Name |
Date of Birth |
24/12/1957 |
|
|
Officers Title |
Mrs |
Nationality |
British |
|
Present Appointments |
5 |
Function |
Director |
|
Appointment Date |
19/06/2012 |
||
|
Address |
Orchard House Spring Hill, Wellington, Telford, Shropshire, TF1 3NA |
||
|
Other Actions |
|||
|
Disqualified |
Disqualified End Date |
||
|
Disqualification Exception |
No |
||
|
Name |
Date of Birth |
14/08/1961 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
19/06/2012 |
||
|
Address |
Orchard House Spring Hill, Wellington, Telford, Shropshire, TF1 3NA |
||
|
Other Actions |
|||
|
Disqualified |
Disqualified End Date |
||
|
Disqualification Exception |
No |
||
|
Name |
Date of Birth |
16/09/1983 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
19/06/2012 |
||
|
Address |
Orchard House Spring Hill, Wellington, Telford, Shropshire, TF1 3NA |
||
|
Other Actions |
|||
|
Disqualified |
Disqualified End Date |
||
|
Disqualification Exception |
No |
||
|
Name |
Date of Birth |
- |
|
|
Officers Title |
Mrs |
Nationality |
|
|
Present Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
19/06/2012 |
||
|
Address |
Orchard House Spring Hill, Wellington, Telford, Shropshire, TF1 3NA |
||
|
Other Actions |
|||
|
Disqualified |
Disqualified End Date |
||
|
Disqualification Exception |
No |
||
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
MICHAEL CAPPER |
GBP |
30 |
ORDINARY |
1 |
30 |
|
ANITA JILL YEOMANS |
GBP |
30 |
ORDINARY |
1 |
30 |
|
SIMON JOHN JEAVONS |
GBP |
30 |
ORDINARY |
1 |
30 |
|
JAMES EDWARD BENE |
GBP |
10 |
ORDINARY |
1 |
10 |
|
Date Of Accounts |
30/11/13 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Weeks |
52 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Currency |
GBP |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Consolidated A/cs |
N |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Cost of Sales |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Gross Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Wages & Salaries |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Operating Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Depreciation |
£1,340 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Interest Payments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Pre Tax Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Profit After Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Date Of Accounts |
30/11/13 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Tangible Assets |
£4,047 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Intangible Assets |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Fixed Assets |
£4,047 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Stock |
£75,864 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Trade Debtors |
£39,925 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Cash |
£118 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Other Debtors |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Miscellaneous Current Assets |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Current Assets |
£115,907 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Trade Creditors |
£251,567 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Bank Loans & Overdrafts |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Other Short Term Finance |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Miscellaneous Current Liabilities |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Current Liabilities |
£251,567 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Bank Loans & Overdrafts and LTL |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Other Long Term Finance |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Long Term Liabilities |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
.
|
Date Of Accounts |
30/11/13 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Called Up Share Capital |
£100 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
P & L Account Reserve |
-£131,713 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
-£131,613 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Date Of Accounts |
30/11/13 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Net Worth |
-£131,613 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Working Capital |
-£135,660 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Assets |
£119,954 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Liabilities |
£251,567 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net Assets |
-£131,613 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Date Of Accounts |
30/11/13 |
(%) |
- |
(%) |
- |
(%) |
- |
(%) |
- |
|
|
Contingent Liability |
NO |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Capital Employed |
-£131,613 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Number of Employees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Auditors |
||||||||||
|
Auditor Comments |
The company is exempt from audit |
|||||||||
|
Bankers |
||||||||||
|
Bank Branch Code |
||||||||||
|
Date Of Accounts |
30/11/13 |
- |
- |
- |
- |
|
|
Pre-tax profit margin % |
- |
- |
- |
- |
- |
|
|
Current ratio |
0.46 |
- |
- |
- |
- |
|
|
Sales/Net Working Capital |
- |
- |
- |
- |
- |
|
|
Gearing % |
0 |
- |
- |
- |
- |
|
|
Equity in % |
-109.70 |
- |
- |
- |
- |
|
|
Creditor Days |
- |
- |
- |
- |
- |
|
|
Debtor Days |
- |
- |
- |
- |
- |
|
|
Liquidity/Acid Test |
0.15 |
- |
- |
- |
- |
|
|
Return On Capital Employed % |
- |
- |
- |
- |
- |
|
|
Return On Total Assets Employed % |
- |
- |
- |
- |
- |
|
|
Current Debt Ratio |
-1.91 |
- |
- |
- |
- |
|
|
Total Debt Ratio |
-1.91 |
- |
- |
- |
- |
|
|
Stock Turnover Ratio % |
- |
- |
- |
- |
- |
|
|
Return on Net Assets Employed % |
- |
- |
- |
- |
- |
|
No Status History found |
|
Date |
Description |
|
20/03/2014 |
New Accounts Filed |
|
28/06/2013 |
Annual Returns |
|
26/06/2013 |
Change in Reg.Office |
|
28/06/2012 |
New Board Member Mrs A.J. Yeomans appointed |
|
21/06/2012 |
New Company Secretary Mrs A.J. Yeomans appointed |
|
21/06/2012 |
New Board Member Mr S.J. Jeavons appointed |
|
21/06/2012 |
New Board Member Mrs A.J. Yeomans appointed |
|
21/06/2012 |
New Board Member Mr M.J. Capper appointed |
Previous Company
Names
|
No Previous Names found |
Statistics
|
Group |
- |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
- |
|
Ownership Status |
|
|
Ultimate Holding Company |
- |
Group structure
|
Statistics
|
Group |
|
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Exact CCJ Details
|
No CCJs found |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
Previous
Director/Company Secretaries
|
No Previous Director Details |
|
|
Average Invoice Value |
£1039.87 |
|
Invoices available |
12 |
|
Paid |
9 |
|
Outstanding |
3 |
|
Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger. |
|
Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
|
|
Paid |
3 |
2 |
1 |
1 |
2 |
|
Outstanding |
0 |
0 |
0 |
0 |
3 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.102.40 |
|
Euro |
1 |
Rs.81.88 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are
apparent. Repayment of interest and principal sums in default or expected to
be in default upon maturity |
Limited with full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major sections
of this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.