MIRA INFORM REPORT

 

 

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

 


Company name

 

CJY GLOBAL LTD

 

Company No:               08110288

Registered Address:     ORCHARD HOUSE

SPRING HILLWELLINGTON

TELFORD

TF1 3NA

 

 

Company Summary

 

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

 


Commentary

 

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.

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

 

Total Current Directors

3

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

0

 

 

Current Directors

 

Name

Anita Jill Yeomans

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

View Director Report

View Consumer Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 


 

Name

Michael John Capper

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

View Director Report

View Consumer Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Simon John Jeavons

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

View Director Report

View Consumer Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Current Company Secretary

Name

Anita Jill Yeomans

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

View Consumer Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

 

Top 20 Shareholders

 

Name

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

 


Profit & Loss

 

Date Of Accounts

30/11/13

(%)

-

(%)

-

(%)

-

(%)

-

Weeks

52

(%)

-

(%)

-

(%)

-

(%)

-

Currency

GBP

(%)

-

(%)

-

(%)

-

(%)

-

Consolidated A/cs

N

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Turnover

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Export

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Cost of Sales

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Gross Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Wages & Salaries

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Directors Emoluments

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Operating Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Depreciation

£1,340

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Audit Fees

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Interest Payments

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Taxation

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Profit After Tax

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Retained Profit

-

-

-

-

-

-

-

-

-

 

 

Balance Sheet

 

Date Of Accounts

30/11/13

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Tangible Assets

£4,047

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Intangible Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Fixed Assets

£4,047

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Stock

£75,864

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Trade Debtors

£39,925

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Cash

£118

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Other Debtors

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Miscellaneous Current Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Current Assets

£115,907

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Trade Creditors

£251,567

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Bank Loans & Overdrafts

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Other Short Term Finance

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Miscellaneous Current Liabilities

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Current Liabilities

£251,567

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Bank Loans & Overdrafts and LTL

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Other Long Term Finance

0

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Long Term Liabilities

0

-

-

-

-

-

-

-

-

.

 

Capital & Reserves

Date Of Accounts

30/11/13

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Called Up Share Capital

£100

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

P & L Account Reserve

-£131,713

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Sundry Reserves

-

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Shareholder Funds

-£131,613

-

-

-

-

-

-

-

-

 

 

Other Financial Items

Date Of Accounts

30/11/13

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Net Worth

-£131,613

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Working Capital

-£135,660

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Assets

£119,954

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Liabilities

£251,567

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Net Assets

-£131,613

-

-

-

-

-

-

-

-

 

 

Miscellaneous

Date Of Accounts

30/11/13

(%)

-

(%)

-

(%)

-

(%)

-

Contingent Liability

NO

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Capital Employed

-£131,613

-

-

-

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Number of Employees

-

-

-

-

-

-

-

-

-

Auditors

Auditor Comments

The company is exempt from audit

Bankers

Bank Branch Code

 

 

Ratios

Date Of Accounts

30/11/13

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Pre-tax profit margin %

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Current ratio

0.46

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Sales/Net Working Capital

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Gearing %

0

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Equity in %

-109.70

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Creditor Days

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Debtor Days

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Liquidity/Acid Test

0.15

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Return On Capital Employed %

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Return On Total Assets Employed %

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Current Debt Ratio

-1.91

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Total Debt Ratio

-1.91

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Stock Turnover Ratio %

-

-

-

-

-

Description: \\vivek\Foreign Report Raw\CJY GLOBAL LTD_files\barchart-grey.png

Return on Net Assets Employed %

-

-

-

-

-

Status History

No Status History found

 

Event History

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

0 companies

Countries

In 0 countries

 

 

Summary

Holding Company

-

Ownership Status

Ultimate Holding Company

-

 

 

Group structure

No group structure



Statistics

Group

0 companies

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

UK Pound

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.