MIRA
INFORM REPORT
|
Report Date : |
27.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
MATCON LIMITED |
|
|
|
|
Formerly Known As : |
MATCON ENGINEERING LIMITED |
|
|
|
|
Registered Office : |
Unit 410 Bramley Drive, Vale Park, Evesham, Wr11 1jh |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
30.06.1936 |
|
|
|
|
Com. Reg. No.: |
00315837 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
· Engaged in Designing, Engineering, Manufacturing and supplying of Powder Handling Systems. Engaged in Providing Solutions for handling and Processing Powders, Granules, Tablets and
other Materials in Intermediate Bulk Containers (Ibcs). |
|
|
|
|
No of Employees : |
110 (31.12.2012) |
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 : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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
MATCON LIMITED
Company No
00315837
Registered Address
UNIT 410 BRAMLEY DRIVE
VALE PARK
EVESHAM
WR11 1JH
Trading Address
Unit 410
Bramley Drive
Vale Park
Evesham, Worcestershire
WR11 1JH
Website Address http://www.matconibc.com
Telephone Number 01386769000
Company summary
Incorporation Date 30/06/1936
Previous Name MATCON ENGINEERING LIMITED
Type Private limited with Share Capital
FTSE Index -
Date of Change 18/07/1995
Filing Date of Accounts 30/09/2013
Currency GBP
Share Capital £250,000
Principal Activity Engaged in Designing, Engineering, Manufacturing and supplying of
Powder Handling Systems.
Engaged in Providing Solutions for
handling and Processing Powders, Granules,
Tablets and other Materials in Intermediate Bulk Containers (Ibcs).
Commentary
|
No exact match CCJs are recorded against the company. |
|
Sales in the latest trading period decreased 8.8% on the previous
trading period. |
|
Net Worth increased by 58% during the latest trading period. |
|
A 7% growth in Total Assets occurred during the latest trading period. |
|
Pre-tax profits decreased by 8.7% compared to the previous trading
period. |
|
The company saw an increase in their Cash Balance of 22.6% 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 77 years ago. |
CCJ
|
Total Number of Exact CCJs - |
Total Value of Exact CCJs - |
|
|
|
Total Number of Possible CCJs - |
Total Value of Possible CCJs - |
|
|
|
Total Number of Satisfied CCJs - |
Total Value of Satisfied CCJs - |
|
|
|
Total Number of Writs - |
- |
|
|
|
Total Current Directors |
4 |
|
Total Current Secretaries |
0 |
|
Total Previous Directors / Company Secretaries |
8 |
Current Directors
|
Name |
Date of Birth |
23/02/1953 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
20/07/2012 |
|
|
|
Address |
Greenbank Road, Blackburn, Lancashire, BB1 3EA |
||
|
Name |
Date of Birth |
12/06/1971 |
|
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
20/07/2012 |
|
|
|
Address |
W. Field Court, 2nd Floor, Lake Forest, Il 60045 |
||
|
Name |
Date of Birth |
11/03/1962 |
|
|
Officers Title |
Mr |
Nationality |
Canadian |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
20/07/2012 |
|
|
|
Address |
Quadro Engineering , 613 Colby Drive, Kitchener, On N2b3p1 |
||
|
Name |
Date of Birth |
27/03/1963 |
|
|
Officers Title |
Mr |
Nationality |
Irish |
|
Present Appointments |
6 |
Function |
Director |
|
Appointment Date |
10/07/1998 |
|
|
|
Address |
Unit 410 Bramley Drive, Vale Park, Evesham, Worcestershire, WR11 1JH |
||
Current Company Secretary
Top 20
Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
MATCON GROUP LTD |
GBP |
250,000 |
ORDINARY |
1 |
100 |
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 |
£20,756,239 |
-8.8% |
£22,751,717 |
39.6% |
£16,302,668 |
27.8% |
£12,760,683 |
-17.6% |
£15,481,333 |
|
Export |
£18,426,439 |
-14.1% |
£21,446,399 |
41.5% |
£15,153,244 |
30.2% |
£11,640,875 |
-19.5% |
£14,465,495 |
|
Cost of Sales |
£12,097,152 |
-11.9% |
£13,726,576 |
28.9% |
£10,650,330 |
26.7% |
£8,405,740 |
-21% |
£10,641,780 |
|
Gross Profit |
£8,659,087 |
-4.1% |
£9,025,141 |
59.7% |
£5,652,338 |
29.8% |
£4,354,943 |
-10% |
£4,839,553 |
|
Wages & Salaries |
£4,607,811 |
-6.1% |
£4,909,395 |
32.9% |
£3,694,882 |
7.8% |
£3,426,168 |
0.5% |
£3,410,100 |
|
Directors Emoluments |
£289,337 |
-22.3% |
£372,307 |
10.6% |
£336,621 |
21.7% |
£276,599 |
-12.1% |
£314,596 |
|
Operating Profit |
£3,157,207 |
-8.7% |
£3,458,883 |
140.3% |
£1,439,631 |
229.7% |
£436,655 |
-50.2% |
£877,223 |
|
Depreciation |
£335,512 |
-6.9% |
£360,490 |
71.3% |
£210,457 |
-1.3% |
£213,252 |
22% |
£174,807 |
|
Audit Fees |
£15,000 |
- |
£15,000 |
- |
£15,000 |
57.9% |
£9,500 |
- |
£9,500 |
|
Interest Payments |
£1,414 |
-8.8% |
£1,550 |
-4.1% |
£1,616 |
999.9% |
£3 |
-100% |
£26,883 |
|
Pre Tax Profit |
£3,170,742 |
-8.7% |
£3,472,224 |
137.5% |
£1,462,085 |
222% |
£453,994 |
-49.3% |
£896,094 |
|
Taxation |
-£182,767 |
81.4% |
-£985,019 |
-234.6% |
-£294,402 |
-156.4% |
-£114,811 |
43.9% |
-£204,536 |
|
Profit After Tax |
£2,987,975 |
20.1% |
£2,487,205 |
113% |
£1,167,683 |
244.3% |
£339,183 |
-51% |
£691,558 |
|
Dividends Payable |
- |
-100% |
£500,000 |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
£2,987,975 |
50.4% |
£1,987,205 |
70.2% |
£1,167,683 |
244.3% |
£339,183 |
-51% |
£691,558 |
Balance Sheet
|
Date Of Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Tangible Assets |
£3,220,454 |
-7.6% |
£3,483,949 |
10.9% |
£3,142,551 |
811.7% |
£344,679 |
-36.5% |
£542,899 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£3,220,454 |
-7.6% |
£3,483,949 |
10.9% |
£3,142,551 |
811.7% |
£344,679 |
-36.5% |
£542,899 |
|
Stock |
£282,063 |
-40.6% |
£475,091 |
119.9% |
£216,014 |
-19.5% |
£268,349 |
26.2% |
£212,598 |
|
Trade Debtors |
£3,180,992 |
12.7% |
£2,823,464 |
8.5% |
£2,603,305 |
30.4% |
£1,996,963 |
-42.4% |
£3,469,727 |
|
Cash |
£6,674,545 |
22.6% |
£5,445,449 |
93.5% |
£2,814,498 |
-2.2% |
£2,876,414 |
473.5% |
£501,528 |
|
Other Debtors |
£605,242 |
-26% |
£817,953 |
6% |
£771,901 |
208.9% |
£249,911 |
-80.3% |
£1,268,423 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£10,742,842 |
12.3% |
£9,561,957 |
49.3% |
£6,405,718 |
18.8% |
£5,391,637 |
-1.1% |
£5,452,276 |
|
Trade Creditors |
£590,699 |
-62.4% |
£1,571,439 |
28.2% |
£1,226,152 |
51.8% |
£807,502 |
-53.6% |
£1,740,139 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£831,306 |
-32.1% |
£1,224,096 |
139.5% |
£511,177 |
149.5% |
£204,845 |
- |
0 |
|
Miscellaneous Current Liabilities |
£3,769,634 |
-20.5% |
£4,743,594 |
9.1% |
£4,346,329 |
65% |
£2,634,533 |
6.6% |
£2,472,419 |
|
Total Current Liabilities |
£5,191,639 |
-31.1% |
£7,539,129 |
23.9% |
£6,083,658 |
66.8% |
£3,646,880 |
-13.4% |
£4,212,558 |
|
Bank Loans & Overdrafts and LTL |
£401,094 |
90.8% |
£210,267 |
35.4% |
£155,306 |
-20.5% |
£195,362 |
-14.2% |
£227,726 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
£401,094 |
90.8% |
£210,267 |
35.4% |
£155,306 |
-20.5% |
£195,362 |
-14.2% |
£227,726 |
.
Capital & Reserves
|
Date Of Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Called Up Share Capital |
£250,000 |
- |
£250,000 |
- |
£250,000 |
999.9% |
£2,452 |
- |
£2,452 |
|
P & L Account Reserve |
£8,034,485 |
59.2% |
£5,046,510 |
65% |
£3,059,305 |
61.7% |
£1,891,622 |
21.8% |
£1,552,439 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£86,078 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£8,370,563 |
58% |
£5,296,510 |
60% |
£3,309,305 |
74.7% |
£1,894,074 |
21.8% |
£1,554,891 |
Other Financial Items
|
Date Of Accounts |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
|
Net Worth |
£8,370,563 |
58% |
£5,296,510 |
60% |
£3,309,305 |
74.7% |
£1,894,074 |
21.8% |
£1,554,891 |
|
Working Capital |
£5,551,203 |
174.4% |
£2,022,828 |
528.1% |
£322,060 |
-81.5% |
£1,744,757 |
40.7% |
£1,239,718 |
|
Total Assets |
£13,963,296 |
7% |
£13,045,906 |
36.6% |
£9,548,269 |
66.5% |
£5,736,316 |
-4.3% |
£5,995,175 |
|
Total Liabilities |
£5,592,733 |
-27.8% |
£7,749,396 |
24.2% |
£6,238,964 |
62.4% |
£3,842,242 |
-13.5% |
£4,440,284 |
|
Net Assets |
£8,370,563 |
58% |
£5,296,510 |
60% |
£3,309,305 |
74.7% |
£1,894,074 |
21.8% |
£1,554,891 |
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 |
£8,771,657 |
59.3% |
£5,506,777 |
58.9% |
£3,464,611 |
65.8% |
£2,089,436 |
17.2% |
£1,782,617 |
|
Number of Employees |
110 |
-0.9% |
111 |
1.8% |
109 |
21.1% |
90 |
-7.2% |
97 |
|
Auditors |
HAZLEWOODS LLP |
|
Auditor Comments |
The audit report contains no adverse comments |
|
Bankers |
LLOYDS TSB BANK PLC |
|
Bank Branch Code |
30-93-48 |
Ratios
|
Date Of Accounts |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
31/12/08 |
|
Pre-tax profit margin % |
15.28 |
15.26 |
8.97 |
3.56 |
5.79 |
|
Current ratio |
2.07 |
1.27 |
1.05 |
1.48 |
1.29 |
|
Sales/Net Working Capital |
3.74 |
11.25 |
50.62 |
7.31 |
12.49 |
|
Gearing % |
4.80 |
4 |
4.70 |
10.30 |
14.60 |
|
Equity in % |
59.90 |
40.60 |
34.70 |
33 |
25.90 |
|
Creditor Days |
10.35 |
25.14 |
27.37 |
23.03 |
40.91 |
|
Debtor Days |
55.78 |
45.17 |
58.12 |
56.96 |
81.58 |
|
Liquidity/Acid Test |
2.01 |
1.20 |
1.01 |
1.40 |
1.24 |
|
Return On Capital Employed % |
36.14 |
63.05 |
42.20 |
21.72 |
50.26 |
|
Return On Total Assets Employed % |
22.70 |
26.61 |
15.31 |
7.91 |
14.94 |
|
Current Debt Ratio |
0.62 |
1.42 |
1.83 |
1.92 |
2.70 |
|
Total Debt Ratio |
0.66 |
1.46 |
1.88 |
2.02 |
2.85 |
|
Stock Turnover Ratio % |
1.35 |
2.08 |
1.32 |
2.10 |
1.37 |
|
Return on Net Assets Employed % |
37.87 |
65.55 |
44.18 |
23.96 |
57.63 |
Status History
No Status History found
Event History
|
Date |
Description |
|
12/10/2013 |
New Accounts Filed |
|
11/05/2013 |
Annual Returns |
|
14/08/2012 |
New Board Member Mr P.A. Ruck appointed |
|
10/08/2012 |
New Board Member Mr A.W. Nutter appointed |
|
06/08/2012 |
Mr J. Thompson has resigned as company secretary |
|
06/08/2012 |
Mr J. Thompson has left the board |
|
06/08/2012 |
Sir J.G. Aird has left the board |
|
06/08/2012 |
New Board Member Mr P.A. Ruck appointed |
|
06/08/2012 |
New Board Member Mr A.W. Nutter appointed |
|
06/08/2012 |
New Board Member Mr E.C. Gillyon appointed |
|
30/07/2012 |
New Accounts Filed |
|
30/07/2012 |
New Accounts Filed |
|
08/05/2012 |
Annual Returns |
|
20/07/2011 |
New Accounts Filed |
|
20/07/2011 |
New Accounts Filed |
Previous Company Names
|
Date |
Previous Name |
|
18/07/1995 |
MATCON ENGINEERING LIMITED |
|
18/02/1985 |
W.J. DIXON & SONS LIMITED |
Statistics
|
Group |
31 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
MATCON GROUP LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
IDEX CORP |
Group structure
|
Company Name |
|
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
|
- |
- |
$1,954,258,000 |
|
|
|
|
N/A |
- |
- |
|
|
|
00763442 |
31.12.2012 |
N |
£14,242,394 |
|
|
|
28071961 |
31.12.2012 |
N |
€45,532,000 |
|
|
|
06699610 |
31.12.2012 |
N |
|
|
|
|
05575376 |
31.12.2012 |
N |
£6,427,070 |
|
|
|
05405516 |
31.12.2012 |
N |
£2,038,101 |
|
|
|
04623605 |
31.12.2012 |
N |
|
|
|
|
01476647 |
31.12.2012 |
N |
£30,852,122 |
|
|
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
00919355 |
31.12.2012 |
N |
£12,661,058 |
|
|
|
|
- |
- |
$50,000,000 |
|
|
|
02354299 |
31.12.2012 |
N |
|
|
|
|
01719223 |
31.12.2012 |
N |
|
|
|
|
00011943 |
31.12.2012 |
N |
£14,903,000 |
|
|
|
|
N/A |
- |
- |
|
|
|
IE106074 |
31.12.2012 |
N |
€12,873,002 |
|
|
|
01342366 |
31.12.2012 |
N |
£7,434,293 |
|
|
|
07647748 |
31.12.2012 |
N |
|
|
|
|
06182255 |
31.12.2012 |
N |
£5,332,000 |
|
|
|
03493017 |
31.12.2012 |
Y |
£14,613,935 |
|
|
|
01218527 |
31.12.2012 |
N |
|
|
|
|
02939693 |
31.12.2012 |
N |
|
|
|
|
00315837 |
31.12.2012 |
N |
£20,756,239 |
|
|
|
01519613 |
31.12.2012 |
N |
£592,385 |
|
|
|
|
- |
- |
$3,678,000 |
|
|
|
03470214 |
31.12.2012 |
N |
£1,954,081 |
|
|
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
01560848 |
31.12.2012 |
N |
|
Statistics
|
Group |
|
|
Linkages |
116 companies |
|
Countries |
In 10 countries |
Other Linked companies
|
Number |
Latest Key Financials |
||
|
410219364 |
31.12.2012 |
€168,584,611 |
|
|
350948287 |
31.12.2012 |
|
|
|
442233284 |
31.12.2012 |
|
|
|
HRB 63307 |
31.12.2012 |
|
|
|
328296652 |
31.12.2012 |
€4,506,331 |
|
|
552029431 |
31.12.2012 |
€136,263,117 |
|
|
777335944 |
31.12.2012 |
€15,173,437 |
|
|
02746621 |
31.12.2012 |
£190,371,000 |
|
|
542037031 |
31.12.2012 |
€65,595,259 |
|
|
HRB 9148 |
31.12.2011 |
€1,335,069,660 |
|
|
HRB 10555 |
31.12.2008 |
|
|
|
662003557 |
31.12.2012 |
€100,853,506 |
|
|
310914478 |
31.12.2012 |
€9,766,029 |
|
|
HRB 11432 |
31.12.2011 |
|
|
|
27331333 |
31.12.2012 |
|
|
|
428950604 |
31.12.2012 |
€4,973,721 |
|
|
542103882 |
31.12.2012 |
€1,239,664 |
|
|
05810043 |
31.12.2012 |
|
|
|
582029302 |
31.12.2012 |
€96,043 |
|
|
383089570 |
31.12.2012 |
|
Exact CCJ Details
|
No CCJs found |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
Mortgage Details
|
Mortgage Type: |
AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT |
||
|
Date Charge Created: |
20/07/12 |
|
|
|
Date Charge Registered: |
26/07/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
LLOYDS TSB BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM EITHER THE COMPANY OR ANY ONE OR
MORE OF THE OTHER PARTIES TO THE AGREEMENT TO THECHARGEE |
||
|
Details: |
ANY SUMS OR SUMS STANDING TO THE CREDITOF ANY ONE OR MORE OF ANY
PRESENT OF FUTURE ACCOUNTS OF THE COMPANY WITH THE BANK WHETHER SUCH ACCOUNTS
BE DENOMINATED IN STERLING OR IN ANY OTHER CURRENCY OR CURRENCY UNIT, AND THE
DEBT OR DEBTS OWING BY THE BANK REPRESENTED BY ANY SUCH SUM OR SUMS (EACH
SUCHSUM AND DEBT BEINGA CREDIT BALANCE) |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
03/08/10 |
|
|
|
Date Charge Registered: |
06/08/10 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
LLOYDS TSB BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING
OR EVIDENCING THE CHARGE |
||
|
Details: |
F/H PROPERTY K/A PLOT 410 AND PARKING, VALE PARK WEST, EVESHAM,
WORCESTERSHIRE T/NO WR109218 AND WR107872 TOGETHER WITHALL BUILDINGS &
FIXTURES (INCLUDING TRADE FIXTURES). FIXED PLANT & MACHINERY BYWAY OF
FIXED CHARGE, ALL PRESENT & FUTURE BOOK & OTHER DEBTS, FLOATING
CHARGE OVER ALL MOVEABLE PLANTMACHINERY, IMPLEMENTS, UTENSILS, FURNITURE
& EQUIPMENT BYWAY OF ASSIGNMENT. THE GOODWILL OF THE BUSINESS (IF ANY),
THE FULL BENEFIT OF ALL LICENCES & GUARANTEES |
||
|
Mortgage Type: |
SINGLE DEBENTURE |
||
|
Date Charge Created: |
07/08/92 |
|
|
|
Date Charge Registered: |
10/08/92 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
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: |
DEBENTURE |
||
|
Date Charge Created: |
08/01/87 |
|
|
|
Date Charge Registered: |
13/01/87 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
FIXED AND FLOATING CHARGES OVER THEUNDERTAKING AND ALL PROPERTY AND
ASSETSPRESENT AND FUTURE INCLUDING GOODWILLBOOKDEBTS UNCALLED CAPITAL
BUILDINGFIXTURES FIXED PLANT AND MACHINERYAND HERITABLE PROPERTY AND ASSETS
INSCOTLAND |
||
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
10 |
7 |
|
|
2 |
6 |
|
|
0 |
2 |
|
|
0 |
4 |
|
|
0 |
4 |
|
|
2 |
3 |
|
|
11 |
9 |
|
|
11 |
9 |
|
Average Invoice
Value |
£387.87 |
|
Invoices
available |
200 |
|
Paid |
184 |
|
Outstanding |
16 |
|
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 |
169 |
10 |
1 |
1 |
3 |
|
Outstanding |
8 |
2 |
0 |
1 |
5 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.58 |
|
UK Pound |
1 |
Rs.98.66 |
|
Euro |
1 |
Rs.79.81 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.