|
Report Date : |
14.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALL SAINTS RETAIL LIMITED |
|
|
|
|
Registered Office : |
Jack's Place Units C15-C17 6 Corbet Place London E1 6NN |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
03.02.2013 |
|
|
|
|
Date of Incorporation : |
25.10.2000 |
|
|
|
|
Com. Reg. No.: |
04096157 |
|
|
|
|
Legal Form : |
Private Limited with Share |
|
|
|
|
Line of Business : |
Manufacturing and selling clothes. |
|
|
|
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
United Kingdom |
|
|
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 |
ALL SAINTS RETAIL LIMITED
JACK'S
PLACE UNITS C15-C17
6
CORBET PLACE
LONDON
E1
6NNUnited Kingdom
Telephone
+44 087 0428 3500
Fax
- -
Website:
www.allsaints.com
Company
Number: 04096157
Status: Active - Accounts Filed
Foundation: 25/10/2000
Sales in the latest trading period increased 10.6\\% on the previous trading period. Pre-tax profits increased by 48.2\\% compared to the previous trading period.
The audit report contains no adverse comments.
CCJ recorded against the company. Net Worth decreased by 22.7\\% during the latest trading period. A 6.3\\% decline in Total Assets occurred during the latest trading period. The company saw a decrease in their Cash Balance of 4.7\\% during the latest trading period.
No recent changes in directorship are recorded. The company is part of a group. The company was established over 14 years ago.
Legal form
Private limited with Share Capital
Foundation 25/10/2000
Company No.
04096157
Name Currency Number of Share
type Nominal value
shares
LION/HEAVEN
UK II LTD GBP
17,171 ORDINARY 0.01
Total
capital GBP 171.71
Name Address: Date of Nationality
Appointment
birth date
Mr
Peter James Wood Jacks Place 6 Corbet 17/08/1973
British 31/01/2011
Place, Spitalfields,
London E1 6NN
Mr
Fabrice Aurelien 21 Grosvenor
Place, 13/09/1983 French 18/05/2011
Chesnais London SW1X 7FH
Mr
Rory O'Connor 21
Grosvenor Place, 06/10/1966 British 05/04/2012
London SW1X 7HF
Mr
William Pak Kim Jacks Place Unites 21/08/1972 American 26/03/2013
C15-C17 6 Corbet Place,
London E1 6NN
Name Address: Appointment date
Mr
Peter James Wood Jacks Place 6 Corbet 31/01/2011
Place, Spitalfields,
London E1 6NN
Other Known Addresses
114 Commercial Street, London E1 6NF
12 Eastgate Street, Chester, Cheshire CH1 1LE
136-138 Union Street, Aberdeen, Aberdeenshire AB10 1JD
14 Duke Of York Square, London SW3 4LY
17 South John Street, Liverpool, Merseyside L1 8BU
2 Redpath Way, Metrocentre, Gateshead, Tyne and Wear NE11 9HX
33-35 Queen Victoria Street, Leeds, West Yorkshire LS1 6BD
34 Duke Street, Brighton, East Sussex BN1 1AG
34 Whitechapel, Liverpool, Merseyside L1 6DZ
36-40 Victoria Square, Belfast BT1 4QB
45 Market Street, Manchester, Lancashire M1 1WR
5 Earlham Street, London WC2H 9LL
52 King Street, Manchester M2 4LY
62-63 East Street, Brighton, East Sussex BN1 1HQ
8-10 Portland Terrace, Southampton, Hampshire SO14 7EG
98 Buchanan Street, Glasgow, Lanarkshire G1 3HA
98-99 Princes Street, Edinburgh, Midlothian EH2 3AA
House Of Fraser, Corpration Street, Birmingham, West Midlands B2 5JS
Market Street, Newcastle Upon Tyne, Tyne and Wear NE1 6JE
Unit 1170, Westfield London Shopping Centre, Ariel Way, London, London W12 7GD
Unit 15-17, Jacks Place, 6 Corbet Place, London E1 6NN
Unit 220-221 Level 2, North Mall, Westfield Centre, Derby, Derbyshire DE1 2PQ
Unit 30 Street Andrews Street, Cambridge, Cambridgeshire CB2 3AX
Unit 6, New Hythe Business Park, Larkfield Mill, Larkfield, Aylesford, Kent ME20 6SQ
Unit Su15 Quakers Friars, Bristol, Avon BS1 3BU
Company No. Name Status Country
Ultimate
parent
OC308261 LION
CAPITAL LLP Active United Kingdom
Affiliated companies
US44210707 AMERICAN
SAFETY RAZOR CO Active USA
08321865 LION/GLORIA
HOLDCO LIMITED Active United Kingdom
08322092 LION/GLORIA
BIDCO LIMITED Active United Kingdom
08953497 GHD
BONDCO PLC Active United Kingdom
06302477 GHD
GROUP HOLDINGS LIMITED Active United Kingdom
04756233 JEMELLA
GROUP LIMITED Active United Kingdom
04115691 JEMELLA
LIMITED Active United Kingdom
03125336 POWER
PROMOTIONS LIMITED Active United Kingdom
03941670 POWER
WIZARDS LIMITED Non Trading United Kingdom
05942633 WONDERFUL
LIFE UK LIMITED Non Trading United Kingdom
04441211 WONDERFUL LIFE LIMITED Non Trading United Kingdom
06758168 GHD EBT COMPANY LTD Non Trading United Kingdom
06302502 GHD
HOLDINGS LIMITED Active United Kingdom
06302478 GHD
GROUP LIMITED Active United Kingdom
05657472 JEMELLA
GROUP (HOLDINGS) Active United Kingdom
LIMITED
07616749 LION/HEAVEN
UK LIMITED Active United Kingdom
B104962 Lion/Katsu
Investments S.à r.l. Other Luxembourg
Subsidiary
companies
04174188 ALLSAINTS
USA LIMITED Active United Kingdom
Immediate
parent
07616963 LION/HEAVEN
UK II LIMITED Active
United Kingdom
Principal A
group engaged in designing,
Activity manufacturing
and selling clothes.
SIC03 Retail
sale of clothing
SIC07 Retail
sale of clothing in specialised
stores
Date of Accounts Turnover
Turnover
29/01/2012 GBP 220,506,582 2,940
03/02/2013 GBP 197,765,838 2,689
02/02/2014 GBP 218,646,282 2,650
Bank Name Bank Branch Sort Code
LLOYDS TSB BANK
PLC 30-00-02
ERNST & YOUNG LLP
County Court Judgments (CCJs)
Date Amount Court Case number Status
Date paid
17/12/2008 GBP R C J - LONDON QUEENS t20085024 -
BENCH
06/07/2010 GBP
193 NORTHAMPTON CCBC t0XH82673 Satisfied 15/11/2010
04/04/2012 GBP R C J - LONDON QUEENS t20121373 -
BENCH
05/04/2012 GBP R C J - LONDON QUEENS t20121412 -
BENCH
Date Action
25/11/2009 Annual Returns
16/03/2010 Annual Returns
04/05/2010 New Accounts Filed
24/01/2011 Annual Returns
10/02/2011 Mr J. Grant has left the
board
10/02/2011 Mr J.W. Grant has resigned
as company secretary
10/02/2011 New Board Member Mr P.J.
Wood appointed
16/02/2011 New Company Secretary Mr
P.J. Wood appointed
13/05/2011 Creditsafe Rating
Refinement
25/05/2011 New Board Member Mr L. Lea
appointed
01/06/2011 Mr L. Lea has left the
board
01/06/2011 New Board Member Ms R.A.
Wagner appointed
09/06/2011 Creditsafe Rating
Refinement Removed
09/06/2011 Mr E. Sigurdsson has left
the board
09/06/2011 Mr J. Reyndal has left the
board
09/06/2011 New Board Member Mr F.A.
Chesnais appointed
14/06/2011 New Board Member Mr D.J.
Oddi appointed
01/07/2011 New Board Member Mr M.
Blitzer appointed
12/07/2011 New Board Member Mr M.
Blitzer appointed
09/08/2011 New Board Member Mr K.G.
Stanford appointed
07/11/2011 New Accounts Filed
07/11/2011 New Accounts Filed
07/12/2011 Annual Returns
01/02/2012 Mr S. Craig has left the
board
24/04/2012 Ms R.A. Wagner has left the
board
24/04/2012 New Board Member Mr R.
O'Connor appointed
26/04/2012 Mr M. Blitzer has left the
board
26/04/2012 Mr D.J. Oddi has left the
board
01/05/2012 New Board Member Mr R.
O'Connor appointed
17/05/2012 NEW WRITS RECORD
17/05/2012 NEW WRITS RECORD
10/11/2012 New Accounts Filed
25/12/2012 Annual Returns
28/12/2012 Mr K.G. Stanford has left
the board
07/05/2013 New Board Member Mr W.P.
Kim appointed
14/05/2013 New Board Member Mr W.P.
Kim appointed
09/11/2013 New Accounts Filed
09/11/2013 New Accounts Filed
13/12/2013 Annual Returns
11/11/2014 New Accounts Filed
12/11/2014 Annual Returns
Mortgage
type MORTGAGE
DEBENTURE
Charge
created 04/04/2001
Charge
registered 10/04/2001
Status SATISFIED
Entitled
person NATIONAL WESTMINSTER
BANK PLC
Secured
amount ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Mortgage
detail A SPECIFIC EQUITABLE
CHARGE OVER ALL FREEHOLD AND
LEASEHOLD PROPERTIES AND/OR THE PROCEEDS
OF SALE
THEREOF FIXED AND FLOATING CHARGES OVER
UNDERTAKING
AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE
INCLUDING GOODWILL BOOKDEBTS AND THE BENEFITS
OF ANY
LICENCES
Mortgage
type DEBENTURE
Charge
created 11/09/2001
Charge
registered 13/09/2001
Status SATISFIED
Entitled
person HSBC BANK PLC
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE ON ANY ACCOUNT
WHATSOEVER
Mortgage
detail 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 RENT DEPOSIT DEED
Charge
created 14/01/2002
Charge
registered 16/01/2002
Status OUTSTANDING
Entitled
person MOUNT COOK LAND LIMITED
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE UNDER THE TERMSOF THE
AFOREMENTIONED
INSTRUMENT CREATING OR
EVIDENCING THE CHARGE
Mortgage
detail GBP 8,420.00
Mortgage
type DEBENTURE
Charge
created 20/02/2006
Charge
registered 08/03/2006
Status SATISFIED
Entitled
person KEVIN STANFORD
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE
ON ANY ACCOUNT WHATSOEVER
Mortgage
detail 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
Charge
created 16/07/2007
Charge
registered 27/07/2007
Status SATISFIED
Entitled
person LANDSBANKI COMMERCIAL FINANCE
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE ON ANY ACCOUNT
WHATSOEVER
Mortgage
detail 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 SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL
DETAILS
Mortgage
type DEBENTURE
Charge
created 16/07/2007
Charge
registered 27/07/2007
Status SATISFIED
Entitled
person LANDSBANKI ISLANDS H.F.
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE ON ANY ACCOUNT
WHATSOEVER
Mortgage
detail 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 SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS
Charge
created 20/08/2008
Charge
registered 02/09/2008
Status PART
PROPERTY RELEASE/CEASE TO BELONG
Entitled
person BICESTER NOMINEES LIMITED AND
BICESTER II NOMINEES
LIMITED
Mortgage
detail THE
DEPOSIT ACCOUNT SEE IMAGE FOR FULL DETAILS
Mortgage
type RENT DEPOSIT DEED
Charge
created 14/10/2008
Charge
registered 18/10/2008
Status OUTSTANDING
Entitled
person FRIENDS PROVIDENT LIFE ASSURANCE
LIMITED
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE UNDER THE TERMSOF
THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE
CHARGE
Mortgage
detail GBP 132,187.50 IN ACCORDANCE WITH THE
RENTDEPOSIT DEED
SEE IMAGE FOR FULL
DETAILS
Mortgage
type DEBENTURE
Charge
created 13/03/2009
Charge
registered 25/03/2009
Status SATISFIED
Entitled
person KAUPTHING BANK HF (AS SECURITY
TRUSTEE FOR THE SECURED
PARTIES IN SUCH CAPACITY THE
SECURITY AG
Mortgage
detail FIXED AND FLOATING CHARGE OVER THE
UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING
GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS,
FIXTURES, FIXED
PLANT AND MACHINERY SEE IMAGEFOR FULL
DETAILS
Mortgage
type DEBENTURE
Charge
created 08/07/2009
Charge
registered 10/07/2009
Status OUTSTANDING
Entitled
person LLOYDS TSB BANK PLC
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE
CHARGEE ON ANY ACCOUNT WHATSOEVER
Mortgage
detail FIXED AND FLOATING CHARGE OVER THE
UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT
AND FUTURE, INCLUDING
GOODWILL,
BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS,
FIXTURES, FIXED PLANT AND
MACHINERY
Mortgage
type RENT DEPOSIT DEED
Charge
created 16/09/2009
Charge
registered 01/10/2009
Status OUTSTANDING
Entitled
person BRIXTON (WESTBROOK, TRAFFORD PARK)
LIMITED
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO
THE CHARGEE UNDER THE TERMSOF THE
AFOREMENTIONED
INSTRUMENT CREATING OR
EVIDENCING THE CHARGE
Mortgage
detail THE AMOUNT FROM TIME TO TIME STANDING
TO THE CREDIT OF
AN ACCOUNT IN THE NAME OF THE
LANDLORD. SEE IMAGE FOR
FULL DETAILS
Mortgage
type AN OMNIBUS GUARANTEE AND SET-OFF
AGREEMENT
Charge
created 26/07/2010
Charge
registered 28/07/2010
Status OUTSTANDING
Entitled
person LLOYDS
TSB BANK PLC
Secured
amount ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY
AND/OR ALL OR ANY OF THE
COMPANIES NAMED THEREIN TO
THE CHARGEE ON ANYACCOUNT
WHATSOEVER
Mortgage
detail ANY SUM STANDING TO THE CREDIT OF ANY
ONE OR MORE OF
ANY PRESENT OR FUTURE ACCOUNTS
OF THE COMPANIES OR ANY
OF THEM WITH THE BANK
(INCLUDING ANY ACCOUNTS HELD IN
THE BANK\S NAME WITH ANY
DESIGNATION WHICH INCLUDES
THE NAME(S) OF THE COMPANIES OR ANY OF THEM) WHETHER
SUCH ACCOUNTS BE DENOMINATED
IN STERLING OR IN A
CURRENCY OR CURRENCIES OTHER
THAN STERLING
Mortgage
type DEBENTURE
Charge
created 01/10/2010
Charge
registered 08/10/2010
Status SATISFIED
Entitled
person KAUPTHING BANK HF (THE "SECURITY
AGENT")
Mortgage
detail ALL OF ITS RIGHTS CLAIMS TITLE AND
INTEREST FROM TIME
TO
TIME IN RESPECT OF ANYSUMS PAYABLE TO IT PURSUANT
TO THE INSURANCE POLICIES
FIXED AND FLOATING
CHARGEOVER THE UNDERTAKING AND
ALL PROPERTY AND ASSETS
PRESENT
AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS,
UNCALLED CAPITAL, BUILDINGS,
FIXTURES, FIXED PLANT AND
MACHINERY SEE IMAGE FOR FULL
DETAILS
Mortgage
type RENT DEPOSIT DEED
Charge
created 20/07/2011
Charge
registered 04/08/2011
Status OUTSTANDING
Entitled
person BICESTER NOMINEES LIMITED AND
BICESTER II NOMINEES
LIMITED
Secured
amount GBP 18,330.00 AND ALL OTHER MONIES DUE
OR TO BECOME
DUE FROM THE COMPANY TO THE
CHARGEE
Mortgage
detail THE TENANT CHARGES ITS INTEEST IN THE
DEPOSIT ACCOUNT
SEE IMAGE FOR FULL
DETAILS
- 02/02/2014 03/02/2013 29/01/2012
30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Turnover 218,646,282 197,765,838 220,506,582 208,551,259
Export
- - - 52,872,076
Cost
of Sales 73,474,552 68,610,062 102,673,297 78,006,931
Gross
Profit
145,171,730 129,155,776 117,833,285 130,544,328
Wages
And Salaries
43,842,443 39,724,017 42,744,403 37,527,926
Directors
Emoluments
1,836,473 694,427 2,100,875 1,667,348
Operating
Profit
-1,034,795 -19,741,335 -58,344,119 3,543,677
Depreciation 17,069,790 21,528,504 20,441,898 14,056,324
Audit
Fees
159,000 85,400 88,000 70,000
Interests
Payments
17,264,838 15,607,791 10,458,871 3,637,319
Pre
Tax Profit
-18,294,910 -35,337,030 -68,793,107 -88,837
Taxation -1,239,553 -998,886 3,688,028 -3,422,488
Profit
After Tax
-19,534,463 -36,335,916 -65,105,079 -3,511,325
Dividends
Payable
0 0 0 0
Retained
Profit -19,534,463 -36,335,916 -65,105,079 -3,511,325
- 02/02/2014 03/02/2013 29/01/2012 30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Tangible
Assets 34,224,805 37,759,384 57,942,964 73,508,857
Intangible
Assets
1,825,570 1,675,150 1,667,412 1,590,114
Total
Fixed Assets
36,050,375 39,434,534 59,610,376 75,098,971
Stock
20,330,499 23,258,758 25,810,207 38,844,595
Trade
Debtors
2,218,078 1,358,930 2,480,354 2,034,780
Cash 26,583,905 27,894,684 30,003,277 16,106,131
Other
Debtors
8,372,247 7,849,681 11,563,803 13,219,361
Miscellaneous
Current Assets 0 0 0 0
Total
Current Assets
57,504,729 60,362,053 69,857,641 70,204,867
Trade
Creditors
10,661,468 13,387,047 14,296,980 34,099,786
Bank
Loans and Overdraft
0 0 0 15,010,000
Other
Short Term Finance
0 0 0 6,946
Miscellaneous
Current 25,372,889 26,646,284 33,259,177 19,937,108
Liabilities
Total
Current Liabilities
36,034,357 40,033,331 47,556,157 69,053,840
Bank
Loans and Overdrafts LTL
163,717,198 146,146,110 130,981,167 75,286,284
Other
Long Term Finance
143,166,369 126,633,279 111,720,620 27,850,544
Total
Long Term Liabilities
163,717,198 146,146,110 130,981,167 60,276,284
- 02/02/2014 03/02/2013 29/01/2012 30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Called
Up Share Capital
172 172 172 172
P
and L Account Reserve -115,751,293 -95,937,696 -58,624,149 6,418,872
Revaluation
Reserve
0 0 0 0
Sundry
Reserves
9,554,670 9,554,670 9,554,670 9,554,670
Shareholders
Funds
-106,196,451
-86,382,854 -49,069,307 15,973,714
- 02/02/2014 03/02/2013 29/01/2012 30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Net
Worth
-108,022,021
-88,058,004 -50,736,719 14,383,600
Working
Capital
21,470,372 20,328,722 22,301,484 1,151,027
Total
Assets 93,555,104 99,796,587 129,468,017 145,303,838
Total
Liabilities
199,751,555 186,179,441 178,537,324 129,330,124
Net
Assets
-106,196,451
-86,382,854 -49,069,307 15,973,714
- 02/02/2014 03/02/2013 29/01/2012 30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Net
Cash Flow from Operations
0 0 21,884,237 45,264,131
Net
Cash Flow before Financing
0 0
-37,866,289 -9,140,641
Net
Cash Flow from Financing
0 0 65,273,435 19,500,000
Increase
in Cash
-1,310,779 -2,108,593 13,897,146 12,519,359
- 02/02/2014 03/02/2013 29/01/2012 30/01/2011
56 61 56 56
GBP GBP GBP GBP
Group: Yes Group: Yes Group: Yes Group: Yes
Capital
Employed
57,520,747 59,763,256 81,911,860 76,249,998
Financial
Ratios
Name 02/02/2014 03/02/2013 29/01/2012 30/01/2011
Pre
Tax Profit Margin
-8.37 % -17.87 % -31.20 % -0.04 %
Current
Ration
1.60 1.51 1.47 1.02
Sales
or Net Working Capital
10.18 9.73 9.89 181.19
Gearing -154.16 % -169.18 % -266.93 % 471.31 %
Equity -115.77
% -88.04 % -38.40 % 11.11 %
Creditor
Days
17.74 25.11 23.60 59.51
Debtor
Days
3.69 2.54 4.09 3.55
Liquidity
or Acid test
1.03 0.92 0.92 0.45
Return
on Capital Employed
-31.80 % -59.12 % -83.98 % -0.11 %
Return
on Total Assets Employed
-19.55 % -35.40 % -53.13 % -0.06 %
Current
Debt Ratio -0.33
% -0.46 % -0.96 % 4.32 %
Total
Debt Ratio -1.88 % -2.15 % -3.63 % 8.09 %
Stock
Turnover Ratio
9.29 % 11.76 % 11.70 % 18.62 %
Return
on Net Assets Employed
17.22 % 40.90 % 140.19 % -0.55 %
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.56 |
|
|
1 |
Rs.97.10 |
|
Euro |
1 |
Rs.76.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SNT |
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.