MIRA INFORM REPORT
|
Report Date : |
14.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
I HOLLAND LIMITED |
|
|
|
|
Formerly Known As : |
KELPORT LIMITED |
|
|
|
|
Registered Office : |
Meadow Lane, Long Eaton, Nottingham,
NG10 2GD |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.07.2013 |
|
|
|
|
Date of Incorporation : |
03.02.1998 |
|
|
|
|
Com. Reg. No.: |
03503148 |
|
|
|
|
Legal Form : |
Private
limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture of tools for
pharmaceutical tablet compression and distribution of machines and
maintenance equipment for use in the pharmaceutical tablet industry. |
|
|
|
|
No of Employees : |
130 |
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 : |
Satisfactory |
|
Payment Behaviour : |
Slow but correct |
|
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 |
A1 |
A1 |
|
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 |
REGISTERED
NAME & COMPANY SUMMARY
Company Name:
I HOLLAND LIMITED
Company No:
03503148
Company Status: Active
- Accounts Filed
Registered Address: MEADOW LANE LONG EATON NOTTINGHAM NG10 2GD
Company Summary
|
Registered Address |
MEADOW LANE, LONG EATON,
NOTTINGHAM, NG10 2GD |
Trading Address |
Meadow Lane, Long Eaton,
Nottingham, Nottinghamshire, NG10 2GD |
|
Website Address |
Telephone Number |
01159726153 |
|
|
Fax Number |
01159731789 |
TPS |
No |
|
FPS |
Yes |
Incorporate Date |
03/02/1998 |
|
Previous Name |
KELPORT LIMITED |
Type |
Private
limited with Share Capital |
|
FTSE Index |
- |
Date of Change |
12/03/1998 |
|
Filing Date of Accounts |
05/11/2013 |
Currency |
GBP |
|
Share Capital |
£1,000,000 |
SIC07 |
25730 |
|
Charity Number |
- |
SIC07 Description |
MANUFACTURE OF TOOLS |
|
Principal Activity |
Manufacture of tools for
pharmaceutical tablet compression and distribution of machines and maintenance
equipment for use in the pharmaceutical tablet industry. |
||
DIRECTORS/MANAGEMENT
|
Total Current Directors |
5 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
9 |
Current Directors
|
Name |
Trevor Martin Higgins |
Date of Birth |
24/05/1952 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
3 |
Function |
Director |
|
Appointment Date |
09/03/1998 |
|
|
|
Address |
70 High Road, Toton Beeston, Nottingham, NG9 6EH |
||
|
Name |
Stephen Ivan Deakin |
Date of Birth |
03/01/1961 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
5 |
Function |
Director |
|
Appointment Date |
09/03/1998 |
|
|
|
Address |
Coppice Corner Aston Hall Drive, Aston On Trent, Derby, DE72 2DD |
||
|
Name |
Christopher Clive Prideaux |
Date of Birth |
26/02/1955 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
20/10/2003 |
|
|
|
Address |
21a Primrose Lane, Kirkburton, Huddersfield, West Yorkshire, HD8 0QY |
||
|
Name |
David Gary Hinds |
Date of Birth |
09/03/1966 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
7 |
Function |
Director |
|
Appointment Date |
01/06/2004 |
|
|
|
Address |
85 Arun Dale, Mansfield Woodhouse, Mansfield, Nottinghamshire, NG19
9RE |
||
|
Name |
John Michael Woloszczak |
Date of Birth |
20/08/1961 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
01/05/2013 |
|
|
|
Address |
Meadow Lane, Long Eaton, Nottingham, Nottinghamshire, NG10 2GD |
||
Current Company Secretary
|
Name |
David Gary Hinds |
Date of Birth |
09/03/1966 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
7 |
Function |
Company Secretary |
|
Appointment Date |
23/03/2004 |
|
|
|
Address |
85 Arun Dale, Mansfield Woodhouse, Mansfield, Nottinghamshire, NG19
9RE |
||
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Geoffrey Peter Barton |
0 |
6 |
|
Geoffrey Peter Barton |
0 |
6 |
|
Trevor Martin Higgins |
3 |
6 |
|
Michael Anthony Glover |
2 |
5 |
|
Geoffrey Peter Fothergill |
4 |
29 |
|
Susan Elizabeth Stoneman |
3 |
36 |
|
Carl Maurice Edwards |
1 |
2 |
|
Keith Edward Lewington |
26 |
399 |
|
Andrew Priestley |
0 |
2 |
NEGATIVE
INFORMATION
Mortgage Summary
Total Mortgage 16
Outstanding 12
Satisfied 4
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 - |
- |
|
|
Mortgage Details
|
Mortgage Type: |
|
||
|
Date Charge Created: |
19/07/13 |
|
|
|
Date Charge Registered: |
20/07/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC; |
||
|
Amount Secured: |
|
||
|
Details: |
CONTAINS FIXED CHARGE.NOTIFICATION OF ADDITION
TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage Type: |
LEGAL ASSIGNMENT |
||
|
Date Charge Created: |
11/06/12 |
|
|
|
Date Charge Registered: |
12/06/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ANY CREDIT BALANCE DUE TO THE COMPANY UNDER CONDITION
13 OF THE AGREEMENT FOR THE PURCHASE OF DEBTSAND ANY DISCOUNTINGALLOWANCE DUE
UNDER THE CONTRACT THE BENEFIT OF ALL THE OTHER PROVISIONS OF THECONTRACT AND
ALL SECURITIES IN RESPECT OF THAT CREDIT BALANCE |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
21/02/12 |
|
|
|
Date Charge Registered: |
23/02/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
MORI SEIKI VERTICAL CENTER WITH SERIAL
NUMBER NV501111202 (72-000187) SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
21/02/12 |
|
|
|
Date Charge Registered: |
23/02/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
MOKI SEIKI VERTICAL MACHINING CENTER WITH
SERIAL NUMBER NV501111203 (72-000188)A FIXED CHARGE ON ALLPRESENT AND FUTURE POLICIES
OF INSURANCE IN RESPECT OF THE EQUIPMENT SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
10/05/11 |
|
|
|
Date Charge Registered: |
21/05/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
A CHATTELS MORTGAGE OVER EACH OF THE ITEMS OF
EQUIPMENT AND/OR OTHER CHATTEL(S)DETAILS OF WHICH AREANCA SHAPE GRINDERWITH
SERIAL NO. 600584. A FIXED CHARGEON ALL PRESENT AND FUTURE POLICIES OF
INSURANCE IN RESPECT OF THE EQUIPMENT AND/OR OTHER CHATTEL(S) AND ALL RIGHTS
AND CLAIMS TO WHICH THE COMPANY IS NOW OR MAY AT ANY TIME HEREAFTER BECOME
ENTITLED IN RELATION TO THE PROCEEDS THEREOF. |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
19/04/11 |
|
|
|
Date Charge Registered: |
27/04/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ANCA SHAPE GRINDER WITH SERIAL NUMBER 600574;
A FIXED CHARGE ON ALL PRESENT ANDFUTURE POLICIES OF INSURANCE IN RESPECTOF
THE EQUIPMENT AND ALL RIGHTS AND CLAIMS IN RELATION TO THE PROCEEDS THEREOF. |
||
|
Mortgage Type: |
FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL
TO VEST |
||
|
Date Charge Created: |
05/05/09 |
|
|
|
Date Charge Registered: |
08/05/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC INVOICE FINANCE (UK) LTD ("THE
SECURITY HOLDER") |
||
|
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: |
FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR
PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO AN AGREEMENTFOR
THE PURCHASE OF DEBTS (INCLUDING ASSOCIATED RIGHTS RELATING THERETO) WHICH
FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE SECURITY HOLDER FOR ANY REASON |
||
|
Mortgage Type: |
FLOATING CHARGE (ALL ASSETS) |
||
|
Date Charge Created: |
05/05/09 |
|
|
|
Date Charge Registered: |
08/05/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY
HOLDER") |
||
|
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: |
BY WAY OF FLOATING CHARGE ALL THE
UNDERTAKING OF THE COMPANY AND ALL ASSETS WHATSOEVER AND WHERESOEVER
INCLUDING STOCK IN TRADE AND UNCALLED CAPITAL BUT EXCLUDING ANY DEBTS AND
ASSOCIATED RIGHTS RELATING THERETO |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
23/04/09 |
|
|
|
Date Charge Registered: |
06/05/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC 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 CHARGE OVER THE
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING
GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT &
MACHINERY |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
23/04/09 |
|
|
|
Date Charge Registered: |
06/05/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
STEPHEN IVAN DEAKIN, TREVOR MARTIN HIGGINS
AND GEOFFREY PETER FOTHERGILL |
||
|
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: |
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: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
29/04/09 |
|
|
|
Date Charge Registered: |
06/05/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED & HSBC
EQUIPMENT FINANCE (UK) LIMITED (HSBC) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ALL AND SINGULAR THE CHATTELS PLANT
MACHINERY - MORI SIKI SL-150S CNC LATHE S/NO:397 (1996). FANUC M-16I ROBOT.
HINDUSTAN HYDRAULICS 150 TONNE HYDRAULIC PRESS S/NO:686 (1978). FOR DETAILS
OF FURTHER CHATTELS CHARGED PLEASE REFER TO FORM 395 SEE IMAGE FOR FULL
DETAILS |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
23/04/09 |
|
|
|
Date Charge Registered: |
24/04/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
F/H MEADOW LANE LONG EATON NOTTINGHAM WITH
THE BENEFIT OF ALL RIGHTS, LICENCES,GUARANTEES, RENT DEPOSITS, CONTRACTS,
DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THE PROPERTY. ANY SHARES OR
MEMBERSHIPRIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILL OF
ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY. ANY RENTAL &
OTHER MONEY PAYABLEAND ANY LEGAL LICENCE OR OTHER INTERESTCREATED IN RESPECT
OF THE PROPERTY & ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY |
||
|
Mortgage Type: |
ASSIGNMENT OF LIFE POLICY |
||
|
Date Charge Created: |
13/05/98 |
|
|
|
Date Charge Registered: |
23/05/98 |
|
|
|
Date Charge Satisfied: |
19/08/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
THE COMPANY ASSIGNS TO THE BANK POLICY
NUMBER 0085793628 WITH LEGAL AND GENERALASSURANCE SOCIETY ONTHE LIFE OF
STEPHEN IVAN DEAKIN.SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
ASSIGNMENT OF LIFE POLICY |
||
|
Date Charge Created: |
13/05/98 |
|
|
|
Date Charge Registered: |
23/05/98 |
|
|
|
Date Charge Satisfied: |
19/08/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
THE COMPANY ASSIGNS TO THE BANK POLICY
NUMBER 0085793487 WITH LEGAL AND GENERALASSURNACE SOCIETY ONTHE LIFE OF
TREVORMARTIN HIGGINS.SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
MORTGAGE DEBENTURE |
||
|
Date Charge Created: |
09/03/98 |
|
|
|
Date Charge Registered: |
19/03/98 |
|
|
|
Date Charge Satisfied: |
19/08/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
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: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
09/03/98 |
|
|
|
Date Charge Registered: |
19/03/98 |
|
|
|
Date Charge Satisfied: |
19/08/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
FREEHOLD PROPERTY K/A MEADOW LANE LONG EATON
NOTTINGHAM DERBYSHIRE T/N DY124229DY48903 AND DY190430AND THE PROCEEDS OF SALE
THEREOF FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE AND EQUIPMENT AND AN ASSIGNMENT OF THE GOODWILL AND CONNECTION OF
ANY BUSINESS TOGETHERWITH THE FULL BENEFIT OF ALL LICENCES |
||
SHARE
& SHARE CAPITAL INFORMATION
Top 20 Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
COGNOISETTE LTD |
GBP |
1,000,000 |
ORDINARY |
1 |
100 |
PAYMENT
INFORMATION
Trade Debtors / Bad Debt Summary
Total Number of Documented Trade 0
Total Value of Documented Trade £0
Trade Payment
Information
|
Average Invoice Value |
767.50 |
|
Invoices available |
84 |
|
Paid |
84 |
|
Outstanding |
0 |
Trade Payment Data is information that we collect from selected third
party partners who send us information about their whole sales ledger.
|
Average Invoice Value |
£767.50 |
|
Invoices available |
84 |
|
Paid |
84 |
|
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 |
19 |
44 |
18 |
2 |
1 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
GROUP
STRUCTURE & AFFILIATED COMPANIES
Statistics
|
Group |
5 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding Company |
COGNOISETTE LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
GELLAW 199 LIMITED |
Group structure
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
06696864 |
31.07.2013 |
Y |
£15,936,735 |
|
|
04363348 |
31.07.2013 |
N |
|
|
|
03503148 |
31.07.2013 |
N |
£15,869,532 |
|
|
00415498 |
31.07.2013 |
N |
|
|
|
02752337 |
31.07.2013 |
N |
|
GELLAW
199 LIMITED FINANCIAL
INFORMATION
Profit & Loss
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
Turnover |
£15,869,532 |
-6.6% |
£16,994,160 |
12.8% |
£15,061,007 |
15% |
£13,095,172 |
6.4% |
£12,307,352 |
|
|
Export |
£14,057,973 |
-6.5% |
£15,027,235 |
11.1% |
£13,528,469 |
14.2% |
£11,842,065 |
5.2% |
£11,255,730 |
|
|
Cost of Sales |
£9,447,513 |
1.5% |
£9,308,129 |
21.7% |
£7,649,910 |
10.1% |
£6,946,817 |
5.7% |
£6,574,024 |
|
|
Gross Profit |
£6,422,019 |
-16.4% |
£7,686,031 |
3.7% |
£7,411,097 |
20.5% |
£6,148,355 |
7.2% |
£5,733,328 |
|
|
Wages & Salaries |
£4,780,965 |
-6.2% |
£5,097,491 |
10.9% |
£4,597,116 |
7.4% |
£4,281,476 |
5.2% |
£4,069,609 |
|
|
Directors Emoluments |
£374,906 |
-28.4% |
£523,480 |
33.2% |
£393,033 |
-29.1% |
£554,344 |
1.6% |
£545,713 |
|
|
Operating Profit |
£1,481,214 |
-36.7% |
£2,339,009 |
65% |
£1,417,548 |
212.1% |
£454,211 |
-58.5% |
£1,094,097 |
|
|
Depreciation |
£481,608 |
5.4% |
£456,755 |
4.8% |
£435,950 |
-1% |
£440,249 |
-4.7% |
£461,868 |
|
|
Audit Fees |
£21,000 |
- |
£21,000 |
16.7% |
£18,000 |
5.9% |
£17,000 |
6.3% |
£16,000 |
|
|
Interest Payments |
£113,171 |
-25.8% |
£152,488 |
54.1% |
£98,980 |
42.4% |
£69,530 |
50.1% |
£46,329 |
|
|
Pre Tax Profit |
£1,198,043 |
-35.1% |
£1,846,521 |
66.9% |
£1,106,068 |
187.5% |
£384,681 |
-63.3% |
£1,047,768 |
|
|
Taxation |
-£84,352 |
22.4% |
-£108,636 |
-123.3% |
-£48,651 |
65.3% |
-£140,080 |
46.3% |
-£261,031 |
|
|
Profit After Tax |
£1,113,691 |
-35.9% |
£1,737,885 |
64.4% |
£1,057,417 |
332.3% |
£244,601 |
-68.9% |
£786,737 |
|
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
-100% |
£10,000 |
|
|
Retained Profit |
£1,113,691 |
-35.9% |
£1,737,885 |
64.4% |
£1,057,417 |
332.3% |
£244,601 |
-68.5% |
£776,737 |
Balance Sheet
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Tangible Assets |
£9,810,026 |
0.3% |
£9,782,268 |
17.4% |
£8,329,859 |
23.4% |
£6,752,233 |
16.6% |
£5,792,583 |
|
|
Intangible Assets |
£1,104,319 |
-17.9% |
£1,345,267 |
-15.2% |
£1,586,215 |
-13.2% |
£1,827,163 |
-11.7% |
£2,068,111 |
|
|
Total Fixed Assets |
£10,914,345 |
-1.9% |
£11,127,535 |
12.2% |
£9,916,074 |
15.6% |
£8,579,396 |
9.1% |
£7,860,694 |
|
|
Stock |
£1,479,460 |
-1.9% |
£1,508,783 |
1.4% |
£1,488,641 |
104.1% |
£729,325 |
-23.4% |
£951,882 |
|
|
Trade Debtors |
£2,446,065 |
10.5% |
£2,213,791 |
4.1% |
£2,126,728 |
20.8% |
£1,760,252 |
3.9% |
£1,694,914 |
|
|
Cash |
£15,959 |
-93% |
£226,416 |
-16.4% |
£270,752 |
-49.9% |
£540,713 |
194.3% |
£183,705 |
|
|
Other Debtors |
£453,541 |
7.1% |
£423,333 |
95% |
£217,144 |
-6.1% |
£231,256 |
-7.8% |
£250,915 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£4,395,025 |
0.5% |
£4,372,323 |
6.6% |
£4,103,265 |
25.8% |
£3,261,546 |
5.8% |
£3,081,416 |
|
|
Trade Creditors |
£1,662,659 |
10.3% |
£1,507,455 |
5.8% |
£1,424,163 |
48.7% |
£957,895 |
-24.2% |
£1,263,916 |
|
|
Bank Loans & Overdrafts |
£459,973 |
64.3% |
£279,952 |
65.5% |
£169,152 |
84.5% |
£91,688 |
-1.8% |
£93,349 |
|
|
Other Short Term Finance |
£810,061 |
-12.5% |
£925,313 |
297% |
£233,086 |
36.7% |
£170,494 |
-74% |
£656,086 |
|
|
Miscellaneous Current Liabilities |
£1,387,721 |
-16% |
£1,652,646 |
6.2% |
£1,555,986 |
-19.6% |
£1,936,342 |
23.1% |
£1,573,409 |
|
|
Total Current Liabilities |
£4,320,414 |
-1% |
£4,365,366 |
29.1% |
£3,382,387 |
7.2% |
£3,156,419 |
-12% |
£3,586,760 |
|
|
Bank Loans & Overdrafts and LTL |
£2,347,534 |
-31.5% |
£3,426,740 |
-24.8% |
£4,556,285 |
27.1% |
£3,583,809 |
43.3% |
£2,500,898 |
|
|
Other Long Term Finance |
£1,328,995 |
-41.5% |
£2,270,761 |
-34.4% |
£3,461,609 |
28.3% |
£2,697,140 |
73.2% |
£1,557,609 |
|
|
Total Long Term Liabilities |
£1,887,561 |
-40% |
£3,146,788 |
-28.3% |
£4,387,133 |
25.6% |
£3,492,121 |
45% |
£2,407,549 |
Capital &
Reserves
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Called Up Share Capital |
£1,000,000 |
- |
£1,000,000 |
- |
£1,000,000 |
- |
£1,000,000 |
- |
£1,000,000 |
|
|
P & L Account Reserve |
£5,729,314 |
24.1% |
£4,615,623 |
60.4% |
£2,877,738 |
58.1% |
£1,820,321 |
15.5% |
£1,575,720 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
£2,372,081 |
- |
£2,372,081 |
- |
£2,372,081 |
- |
£2,372,081 |
- |
£2,372,081 |
|
|
Shareholder Funds |
£9,101,395 |
13.9% |
£7,987,704 |
27.8% |
£6,249,819 |
20.4% |
£5,192,402 |
4.9% |
£4,947,801 |
Other Financial
Items
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Net Worth |
£7,997,076 |
20.4% |
£6,642,437 |
42.4% |
£4,663,604 |
38.6% |
£3,365,239 |
16.9% |
£2,879,690 |
|
|
Working Capital |
£74,611 |
972.5% |
£6,957 |
-99% |
£720,878 |
585.7% |
£105,127 |
120.8% |
-£505,344 |
|
|
Total Assets |
£15,309,370 |
-1.2% |
£15,499,858 |
10.6% |
£14,019,339 |
18.4% |
£11,840,942 |
8.2% |
£10,942,110 |
|
|
Total Liabilities |
£6,207,975 |
-17.4% |
£7,512,154 |
-3.3% |
£7,769,520 |
16.9% |
£6,648,540 |
10.9% |
£5,994,309 |
|
|
Net Assets |
£9,101,395 |
13.9% |
£7,987,704 |
27.8% |
£6,249,819 |
20.4% |
£5,192,402 |
4.9% |
£4,947,801 |
Cash Flow
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Net Cashflow from Operations |
£1,909,854 |
4.9% |
£1,819,999 |
315.9% |
£437,558 |
143.2% |
£179,923 |
-90.5% |
£1,897,887 |
|
|
Net Cashflow before Financing |
£1,026,721 |
65.1% |
£621,734 |
183.6% |
-£743,289 |
-53.6% |
-£483,827 |
-135% |
£1,381,306 |
|
|
Net Cashflow from Financing |
-£1,376,443 |
-97.9% |
-£695,571 |
-179.1% |
£878,830 |
-10.5% |
£981,665 |
171.6% |
-£1,371,271 |
|
|
Increase in Cash |
-£349,722 |
-373.6% |
-£73,837 |
-154.5% |
£135,541 |
-72.8% |
£497,838 |
999.9% |
£10,035 |
Miscellaneous
|
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
Capital Employed |
£10,988,956 |
-1.3% |
£11,134,492 |
4.7% |
£10,636,952 |
22.5% |
£8,684,523 |
18.1% |
£7,355,350 |
|
|
Number of Employees |
130 |
5.7% |
123 |
5.1% |
117 |
4.5% |
112 |
0.9% |
111 |
|
|
Auditors |
COOPER PARRY GROUP LIMITED |
||||||||
|
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
|
Bankers |
HSBC BANK PLC |
||||||||
|
|
Bank Branch Code |
40-35-12 |
||||||||
Ratios
|
|
Date Of Accounts |
31/07/13 |
31/07/12 |
31/07/11 |
31/07/10 |
31/07/09 |
|
|
Pre-tax profit margin % |
7.55 |
10.87 |
7.34 |
2.94 |
8.51 |
|
|
Current ratio |
1.02 |
1 |
1.21 |
1.03 |
0.86 |
|
|
Sales/Net Working Capital |
212.70 |
2442.74 |
20.89 |
124.57 |
-24.35 |
|
|
Gearing % |
25.80 |
42.90 |
72.90 |
69 |
50.50 |
|
|
Equity in % |
64.10 |
56.40 |
50.30 |
51.90 |
55.80 |
|
|
Creditor Days |
38.13 |
32.28 |
34.41 |
26.62 |
37.38 |
|
|
Debtor Days |
56.10 |
47.41 |
51.39 |
48.92 |
50.12 |
|
|
Liquidity/Acid Test |
0.67 |
0.65 |
0.77 |
0.80 |
0.59 |
|
|
Return On Capital Employed % |
10.90 |
16.58 |
10.39 |
4.42 |
14.24 |
|
|
Return On Total Assets Employed % |
7.82 |
11.91 |
7.88 |
3.24 |
9.57 |
|
|
Current Debt Ratio |
0.47 |
0.54 |
0.54 |
0.60 |
0.72 |
|
|
Total Debt Ratio |
0.68 |
0.94 |
1.24 |
1.28 |
1.21 |
|
|
Stock Turnover Ratio % |
9.32 |
8.87 |
9.88 |
5.56 |
7.73 |
|
|
Return on Net Assets Employed % |
13.16 |
23.11 |
17.69 |
7.40 |
21.17 |
FOREIGN
EXCHANGE RATES
Na
ADDITIONAL
INFORMATION
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
24/02/2014 |
Annual Returns |
|
03/02/2014 |
Mr A. Priestley has left the board |
|
13/11/2013 |
New Accounts Filed |
|
13/11/2013 |
New Accounts Filed |
|
31/05/2013 |
Mr G.P. Fothergill has left the board |
|
22/05/2013 |
New Board Member Mr A. Priestley appointed |
|
21/05/2013 |
New Board Member Mr J.M. Woloszczak
appointed |
|
13/02/2013 |
Annual Returns |
|
12/01/2013 |
New Accounts Filed |
|
12/01/2013 |
New Accounts Filed |
|
03/04/2012 |
Annual Returns |
|
12/01/2012 |
New Accounts Filed |
|
12/01/2012 |
New Accounts Filed |
|
19/04/2011 |
Annual Returns |
|
17/12/2010 |
New Accounts Filed |
Previous
Company Names
|
Date |
Previous Name |
|
12/03/1998 |
KELPORT LIMITED |
NOTES
& COMMENTS
Commentary
|
No exact match CCJs are recorded against the
company. |
|
Net Worth increased by 20.4% during the
latest trading period. |
|
The audit report contains no adverse
comments. |
|
Sales in the latest trading period decreased
6.6% on the previous trading period. |
|
A 1.2% decline in Total Assets occurred
during the latest trading period. |
|
Pre-tax profits decreased by 35.1% compared
to the previous trading period. |
|
The company saw a decrease in their Cash
Balance of 93% during the latest trading period. |
|
The company has undergone recent changes in
its directorships. |
|
The company is part of a group. |
|
The company was established over 16 years
ago. |
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 : |
SMN |
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.