MIRA
INFORM REPORT
|
Report Date : |
09.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
NDS LIMITED |
|
|
|
|
Formerly Known As : |
DIGI-MEDIA VISION LIMITED |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
27.07.2013 |
|
|
|
|
Date of Incorporation : |
18.07.1995 |
|
|
|
|
Com. Reg. No.: |
03080780 |
|
|
|
|
Legal Form : |
Private Limited with Share Capital |
|
|
|
|
Line of Business : |
· Other Information Technology Service Activities The Supply of open end to end technology and services to
digital pay television platform operators and content providers. |
|
|
|
|
No. of Employees : |
780 |
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 : |
No Complaints |
|
|
|
|
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 |
Company NAME & ADDRESS
Company Name: NDS LIMITED
Company No: 03080780
Company Status: Active - Accounts Filed
Registered Address: ONE LONDON ROAD STAINES MIDDLESEX TW18 4EX
Company Summary
Registered Address: ONE LONDON ROAD STAINES MIDDLESEX TW18 4EX
Trading Address: 1 London Road Staines
Middlesex TW18 4EX
Website Address: http://www.nds.com
Telephone No.: 01784848500
Fax No.: 02084768100
TPS No
FPS Yes
Incorporated Date: 18/07/1995
Previous Name: DIGI-MEDIA
VISION LIMITED
Type: Private
Limited with Share Capital
Date of Change: 23/06/1997
Filling Date of Accounts 30/04/2014
Currency: GBP
Share Capital: £
41,465,202
SIC07 62090
SIC07 Description: Other Information Technology Service Activities
Principal Activity: The
Supply of open end to end technology and services to digital pay television
platform operators and content providers. Accounts data converted from US
Dollars. T/O=Revenue.
DIRECTORS/ MANAGEMENT
|
Total Current Directors |
6 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
16 |
Current Directors
|
Name |
Ismat Levin |
Date of Birth |
19/01/1967 |
|
Officers Title |
Mrs |
Nationality |
British |
|
Present Appointments |
11 |
Function |
Director |
|
Appointment Date |
06/02/2009 |
|
|
|
Address |
One London Road, Staines, Middlesex, TW18
4EX |
||
|
Name |
Evan Barry Sloves |
Date of Birth |
10/06/1970 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
25 |
Function |
Director |
|
Appointment Date |
30/07/2012 |
|
|
|
Address |
300 East Tasman Drive, San Jose, Ca 95134 |
||
|
Name |
Mark Thomas Gorman |
Date of Birth |
04/01/1961 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
23 |
Function |
Director |
|
Appointment Date |
30/07/2012 |
|
|
|
Address |
300 East Tasman Drive, San Jose, Ca 95134 |
||
|
Name |
David James Sweet |
Date of Birth |
19/11/1967 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
15 |
Function |
Director |
|
Appointment Date |
30/07/2012 |
|
|
|
Address |
9 New Square, Bedfont Lakes, Feltham, Middlesex, TW14 8HA |
||
|
Name |
Gorm Ward Nielsen |
Date of Birth |
07/10/1963 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
08/01/2014 |
|
|
|
Address |
One London Road, Staines, Middlesex, TW18
4EX |
||
|
Name |
Susan Tiu Li Lee |
Date of Birth |
16/03/1970 |
|
Officers Title |
Ms |
Nationality |
American |
|
Present Appointments |
5 |
Function |
Director |
|
Appointment Date |
30/07/2012 |
|
|
|
Address |
9 New Square, Bedfont Lakes, Feltham, Middlesex, TW14 8HA |
||
Current Company Secretary
|
Name |
Ismat Levin |
Date of Birth |
19/01/1967 |
|
Officers Title |
Mrs |
Nationality |
British |
|
Present Appointments |
11 |
Function |
Company Secretary |
|
Appointment Date |
06/02/2009 |
|
|
|
Address |
One London Road, Staines, Middlesex, TW18
4EX |
||
Previous Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
Peter Walter Stehrenberger |
78 |
213 |
|
Peter Walter Stehrenberger |
78 |
213 |
|
Charles Richard Kenneth Medlock |
1 |
36 |
|
Charles Richard Kenneth Medlock |
1 |
36 |
|
Abraham Peled |
1 |
9 |
|
Michael David Windram |
2 |
7 |
|
Richard Martin Linford |
22 |
113 |
|
Andrew Paul Woodward |
26 |
14 |
|
Andrew Paul Woodward |
26 |
14 |
|
Gregory George Nardini |
0 |
10 |
|
Gregory George Nardini |
0 |
10 |
|
ALNERY INCORPORATIONS NO 2 LIMITED |
268 |
1296 |
|
ALNERY INCORPORATIONS NO 1 LIMITED |
565 |
2692 |
|
ALNERY INCORPORATIONS NO 1 LIMITED |
565 |
2692 |
|
Richard Anthony Lister French |
0 |
9 |
|
Alexander Gersh |
5 |
10 |
NEGATIVE INFORMATION
Mortgage Summary
Total Mortgage 8
Outstanding
4
Satisfied 4
CCJ
|
Total Number of Exact CCJs
- |
0 |
Total Value of Exact CCJs
- |
|
|
Total Number of Possible CCJs
- |
1 |
Total Value of Possible CCJs
- |
£489 |
|
Total Number of Satisfied CCJs - |
0 |
Total Value of Satisfied CCJs
- |
|
|
Total Number of Writs - |
- |
|
|
Possible CCJ
Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ / CJ Details |
|
01/11/2009 |
NORTHAMPTON CCBC |
£489 |
Judgment |
9XC67129 |
- |
, ASPINALL STREET, HEYWOOD, LANCASHIRE, ,
OL10 4HP |
Mortgage Details
|
Mortgage Type: |
PLEDGE AGREEMENT |
||
|
Date Charge Created: |
28/03/12 |
|
|
|
Date Charge Registered: |
29/03/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
BORROWERS AND THE OTHER LOAN PARTIES UNDER THE TERMS OF THEAFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
THE COLLATERAL BEING COLLECTIVELY THE
PLEDGED SHARES, THE SHARE CERTIFICATES AND THE TRANSFER FORMSRELATING TO THE
PLEDGED SHARES SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
INTELLECTUAL PROPERTY SECURITY AGREEMENT |
||
|
Date Charge Created: |
10/03/11 |
|
|
|
Date Charge Registered: |
18/03/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
BORROWERS AND THE OTHER LOAN PARTIES UNDER THE TERMS OF THEAFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
RIGHT TITLE AND INTEREST IN ALL COPYRIGHTS AND
COPYRIGHT LICENSES, ALL PATENTS AND PATENT LICENSES,ALL TRADEMARKS AND
TRADEMARK LICENSES AND ALL TRADE SECRETSAND TRADE SECRET LICENSES SEE IMAGE
FORFULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
10/03/11 |
|
|
|
Date Charge Registered: |
18/03/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE BORROWERS
AND THE OTHER LOAN PARTIES UNDER THE TERMS OF THEAFOREMENTIONED INSTRUMENT
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: |
THE FINANCIAL SECURITIES ACCOUNT
PLEDGEAGREEMENT |
||
|
Date Charge Created: |
10/03/11 |
|
|
|
Date Charge Registered: |
18/03/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO EACH OF THE PLEDGEES UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT
CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
THE PLEDGED ACCOUNTS BEING THE PLEDGED BANK
ACCOUNT AND/OR THE PLEDGED SECURITIES ACCOUNT SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
INTELLECTUAL PROPERTY SECURITY AGREEMENT |
||
|
Date Charge Created: |
28/04/09 |
|
|
|
Date Charge Registered: |
06/05/09 |
|
|
|
Date Charge Satisfied: |
14/03/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED AS SECURITY AGENT
FOR THE SECURED PARTIES |
||
|
Amount Secured: |
|
||
|
Details: |
ALL RIGHT TITLE AND INTEREST IN TO AND UNDER
THE COPYRIGHTS, PATENTS, ALL TRADEMARKS AND TRADE SECRETS SEE IMAGE FOR FULL
DETAILS |
||
|
Mortgage Type: |
FINANCIAL SECURITIES ACCOUNT PLEDGE
AGREEMENT |
||
|
Date Charge Created: |
28/04/09 |
|
|
|
Date Charge Registered: |
06/05/09 |
|
|
|
Date Charge Satisfied: |
14/03/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
J.P. MORGAN EUROPE LIMITED AS SECURITY AGENT |
||
|
Amount Secured: |
|
||
|
Details: |
THE PLEDGED ACCOUNTS SEE IMAGE FOR
FULLDETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
06/02/09 |
|
|
|
Date Charge Registered: |
09/02/09 |
|
|
|
Date Charge Satisfied: |
14/03/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
NDS HOLDCO, INC. |
||
|
Amount Secured: |
|
||
|
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: |
DEBENTURE |
||
|
Date Charge Created: |
28/01/09 |
|
|
|
Date Charge Registered: |
30/01/09 |
|
|
|
Date Charge Satisfied: |
14/03/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
J.P.MORGAN EUROPE LIMITED AS SECURITY AGENT
FOR THE BENEFIT OF THE SECURED PARTIES |
||
|
Amount Secured: |
|
||
|
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 |
||
SHARE & SHARE CAPITAL INFORMATION
Top 20
Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
NDS FINANCE LTD |
GBP |
41,465,202 |
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 |
578.97 |
|
Invoices available |
173 |
|
Paid |
173 |
|
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 |
£578.97 |
|
Invoices available |
173 |
|
Paid |
173 |
|
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 |
33 |
83 |
32 |
15 |
10 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
GROUP STRUCTURE & AFFILIATED COMPANIES
Statistics
|
Group |
32 companies |
|
Linkages |
1361 companies |
|
Countries |
In 88 countries |
Summary
|
Holding Company |
NDS FINANCE LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
CISCO SYSTEMS, INC |
Group structure
|
Group |
32 companies |
|
Linkages |
1361 companies |
|
Countries |
In 88 countries |
Other Linked
companies
|
Name |
|
Number |
Latest Key Financials |
Turnover |
|
PHOENIX
SATELLITE TELEVISION |
|
|
31.12.2013 |
€428,738,437 |
|
NEWS CORP
HOLDINGS UK & IRELAND |
|
04680292 |
30.06.2013 |
|
|
NEWS CORP
INVESTMENTS UK & IRELAND |
|
01437199 |
30.06.2013 |
£1,244,900,000 |
|
REA GROUP |
|
|
30.06.2014 |
€322,967,147 |
|
NEWS CORP UK
& IRELAND LIMITED |
|
00081701 |
30.06.2013 |
£1,244,900,000 |
|
SKY ITALIA -
S.R.L. |
|
MI1726765 |
30.06.2012 |
€2,898,034,000 |
|
NEWS PRINTERS ASSETS
LIMITED |
|
05230552 |
30.06.2013 |
£40,516,000 |
|
NEWS COLLINS
LIMITED |
|
02476045 |
30.06.2013 |
|
|
WILLIAM COLLINS
HOLDINGS LIMITED |
|
02380596 |
30.06.2013 |
|
|
DOW JONES
BUSINESS INTERACTIVE (U.K.), LIMITED |
|
06024942 |
30.06.2013 |
|
|
SHINE TV LIMITED
|
|
06978553 |
30.06.2013 |
£43,746,973 |
|
REA GROUP EUROPE
LIMITED |
|
05605669 |
30.06.2013 |
|
|
CISCO VIDEO
TECHNOLOGIES FRANCE |
|
443573696 |
31.07.2013 |
€98,104,000 |
|
EFINANCIALNEWS HOLDINGS
LIMITED |
|
05902637 |
30.06.2013 |
|
|
HARPER COLLINS
PUBLISHERS LIMITED |
|
SC027389 |
30.06.2013 |
£190,616,000 |
|
TELEPIU' S.R.L. |
|
MI1914367 |
- |
|
|
FOX INTERNATIONAL
CHANNELS ITALY SOCIETA' A RESPONSABILITA' LIMITATA IN SIGLA FOX INTERNATIONAL
CHANNELS ITALY S.R.L. |
|
RM1032489 |
30.06.2012 |
€172,464,364 |
|
FOX
INTERNATIONAL CHANNELS |
|
478396450 |
30.06.2013 |
|
|
CISCO SYSTEMS CAPITAL
FRANCE |
|
449162163 |
27.07.2013 |
€52,426,194 |
|
NUCLOBEL LUX 2
S.ÀR.L. |
|
B139747 |
31.12.2011 |
|
FINANCIAL INFORMATION
Profit & Loss
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Weeks |
56 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
Turnover |
£476,416,938 |
-0.2% |
£477,384,661 |
126% |
£211,203,052 |
41.7% |
£149,041,362 |
2.1% |
£146,042,798 |
|
|
Export |
£394,053,302 |
0.4% |
£392,384,957 |
113.7% |
£183,581,951 |
47.2% |
£124,704,336 |
5.2% |
£118,541,041 |
|
|
Cost of Sales |
£40,177,672 |
-0.9% |
£40,554,930 |
- |
- |
- |
- |
-100% |
£51,467,902 |
|
|
Gross Profit |
£436,239,266 |
-0.1% |
£436,829,731 |
- |
- |
- |
- |
- |
£94,574,896 |
|
|
Wages & Salaries |
£50,970,092 |
-15.8% |
£60,569,144 |
12.5% |
£53,819,509 |
15.1% |
£46,746,762 |
-14.3% |
£54,552,539 |
|
|
Directors Emoluments |
£259,402 |
-77.1% |
£1,132,958 |
-7.1% |
£1,218,978 |
14.7% |
£1,062,512 |
5.4% |
£1,007,985 |
|
|
Operating Profit |
£136,471,424 |
10.4% |
£123,644,655 |
132.5% |
£53,181,155 |
54.8% |
£34,345,786 |
386.9% |
£7,053,338 |
|
|
Depreciation |
£3,843,648 |
41.3% |
£2,720,758 |
-15.8% |
£3,230,259 |
-5.7% |
£3,425,318 |
-14.7% |
£4,015,969 |
|
|
Audit Fees |
£135,623 |
-2.6% |
£139,177 |
52% |
£91,573 |
-34.7% |
£140,166 |
-11.2% |
£157,777 |
|
|
Interest Payments |
£1,498,964 |
-26.8% |
£2,048,564 |
-90% |
£20,497,014 |
999.9% |
£366,060 |
186.5% |
£127,755 |
|
|
Pre Tax Profit |
£302,956,470 |
126.7% |
£133,613,858 |
156% |
£52,197,080 |
53.2% |
£34,077,342 |
239.1% |
£10,048,547 |
|
|
Taxation |
-£64,242,819 |
-107.2% |
-£31,002,073 |
-117.4% |
-£14,260,119 |
-16.7% |
-£12,219,511 |
-372.8% |
£4,479,080 |
|
|
Profit After Tax |
£238,713,651 |
132.6% |
£102,611,786 |
170.5% |
£37,936,961 |
73.6% |
£21,857,831 |
50.5% |
£14,527,627 |
|
|
Dividends Payable |
- |
-100% |
£88,836,245 |
16.4% |
£76,310,551 |
- |
- |
- |
- |
|
|
Retained Profit |
£238,713,651 |
999.9% |
£13,775,540 |
135.9% |
-£38,373,590 |
-275.6% |
£21,857,831 |
50.5% |
£14,527,627 |
Balance Sheet
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Tangible Assets |
£8,554,930 |
-62.4% |
£22,746,817 |
-16.1% |
£27,113,470 |
-52.4% |
£56,964,520 |
111.6% |
£26,915,363 |
|
|
Intangible Assets |
0 |
- |
0 |
-100% |
£1,578,633 |
-34.9% |
£2,423,503 |
-69% |
£7,809,007 |
|
|
Total Fixed Assets |
£8,554,930 |
-62.4% |
£22,746,817 |
-20.7% |
£28,692,104 |
-51.7% |
£59,388,023 |
71% |
£34,724,369 |
|
|
Stock |
£34,397,986 |
27.4% |
£27,005,626 |
-9% |
£29,666,888 |
986.9% |
£2,729,491 |
152.5% |
£1,080,805 |
|
|
Trade Debtors |
£86,784,128 |
-4.5% |
£90,864,081 |
1.2% |
£89,744,526 |
26.3% |
£71,051,874 |
-3.4% |
£73,547,748 |
|
|
Cash |
£34,682,262 |
0.7% |
£34,425,229 |
200.9% |
£11,440,610 |
-53% |
£24,345,160 |
-31.1% |
£35,342,063 |
|
|
Other Debtors |
£379,848,386 |
378.8% |
£79,336,097 |
-47.3% |
£150,520,902 |
999.9% |
£6,025,280 |
-51.6% |
£12,436,921 |
|
|
Miscellaneous Current Assets |
£5,758,365 |
-34.2% |
£8,750,370 |
999.9% |
£92,900 |
-95.6% |
£2,130,029 |
4.3% |
£2,042,798 |
|
|
Total Current Assets |
£541,471,128 |
125.3% |
£240,381,404 |
-14.6% |
£281,465,826 |
164.8% |
£106,281,835 |
-14.6% |
£124,450,335 |
|
|
Trade Creditors |
£3,799,822 |
-75.8% |
£15,679,597 |
-9.6% |
£17,342,402 |
191.6% |
£5,947,062 |
48.5% |
£4,005,110 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
£181,988,747 |
89.5% |
£96,012,437 |
-29.1% |
£135,497,678 |
345.2% |
£30,438,020 |
-30.8% |
£43,958,480 |
|
|
Miscellaneous Current Liabilities |
£45,582,470 |
-29.6% |
£64,707,729 |
-22.5% |
£83,494,360 |
109.7% |
£39,817,283 |
-4.1% |
£41,514,532 |
|
|
Total Current Liabilities |
£231,371,039 |
31.2% |
£176,399,763 |
-25.4% |
£236,334,439 |
210.1% |
£76,202,365 |
-14.8% |
£89,478,122 |
|
|
Bank Loans & Overdrafts and LTL |
£10,618,893 |
-28.3% |
£14,819,070 |
-22.4% |
£19,086,264 |
101% |
£9,495,025 |
49.4% |
£6,355,158 |
|
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Long Term Liabilities |
£10,618,893 |
-28.3% |
£14,819,070 |
-22.4% |
£19,086,264 |
101% |
£9,495,025 |
49.4% |
£6,355,158 |
Capital &
Reserves
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Called Up Share Capital |
£41,803,968 |
- |
£41,803,968 |
55.2% |
£26,931,652 |
6% |
£25,396,408 |
-2% |
£25,925,263 |
|
|
P & L Account Reserve |
£266,232,159 |
784.3% |
£30,105,419 |
8.3% |
£27,805,574 |
-49.1% |
£54,576,059 |
45.9% |
£37,416,161 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
£308,036,127 |
328.4% |
£71,909,387 |
31.4% |
£54,737,226 |
-31.6% |
£79,972,467 |
26.3% |
£63,341,424 |
Other Financial
Items
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Net Worth |
£308,036,127 |
328.4% |
£71,909,387 |
35.3% |
£53,158,593 |
-31.5% |
£77,548,964 |
39.6% |
£55,532,418 |
|
|
Working Capital |
£310,100,089 |
384.7% |
£63,981,641 |
41.8% |
£45,131,387 |
50% |
£30,079,469 |
-14% |
£34,972,213 |
|
|
Total Assets |
£550,026,059 |
109% |
£263,128,220 |
-15.2% |
£310,157,930 |
87.2% |
£165,669,858 |
4.1% |
£159,174,705 |
|
|
Total Liabilities |
£241,989,932 |
26.6% |
£191,218,833 |
-25.1% |
£255,420,703 |
198% |
£85,697,391 |
-10.6% |
£95,833,280 |
|
|
Net Assets |
£308,036,127 |
328.4% |
£71,909,387 |
31.4% |
£54,737,226 |
-31.6% |
£79,972,467 |
26.3% |
£63,341,424 |
Cash Flow
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Net Cashflow from
Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net Cashflow
before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net Cashflow from
Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
|
Date Of Accounts |
27/07/13 |
(%) |
30/06/12 |
(%) |
30/06/11 |
(%) |
30/06/10 |
(%) |
30/06/09 |
|
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
|
Capital Employed |
£318,655,019 |
267.4% |
£86,728,457 |
17.5% |
£73,823,490 |
-17.5% |
£89,467,493 |
28.4% |
£69,696,583 |
|
|
Number of Employees |
780 |
3.2% |
756 |
17% |
646 |
10.6% |
584 |
-2% |
596 |
|
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
||||||||
|
|
Auditor Comments |
The audit report contains no adverse
comments |
||||||||
|
|
Bankers |
HSBC BANK PLC |
||||||||
|
|
Bank Branch Code |
|
||||||||
Ratios
|
|
Date Of Accounts |
27/07/13 |
30/06/12 |
30/06/11 |
30/06/10 |
30/06/09 |
|
|
Pre-tax profit margin % |
63.59 |
27.99 |
24.71 |
22.86 |
6.88 |
|
|
Current ratio |
2.34 |
1.36 |
1.19 |
1.39 |
1.39 |
|
|
Sales/Net Working Capital |
1.54 |
7.46 |
4.68 |
4.95 |
4.18 |
|
|
Gearing % |
3.40 |
20.60 |
34.90 |
11.90 |
10 |
|
|
Equity in % |
56 |
27.30 |
17.70 |
49 |
41.80 |
|
|
Creditor Days |
3.12 |
11.95 |
29.88 |
14.52 |
9.98 |
|
|
Debtor Days |
71.40 |
69.28 |
154.67 |
173.52 |
183.31 |
|
|
Liquidity/Acid Test |
2.19 |
1.20 |
1.06 |
1.35 |
1.37 |
|
|
Return On Capital Employed % |
95.07 |
154.05 |
70.70 |
38.08 |
14.41 |
|
|
Return On Total Assets Employed % |
55.08 |
50.77 |
16.82 |
20.56 |
6.31 |
|
|
Current Debt Ratio |
0.75 |
2.45 |
4.31 |
0.95 |
1.41 |
|
|
Total Debt Ratio |
0.78 |
2.65 |
4.66 |
1.07 |
1.51 |
|
|
Stock Turnover Ratio % |
7.22 |
5.65 |
14.04 |
1.83 |
0.74 |
|
|
Return on Net Assets Employed % |
98.35 |
185.80 |
95.35 |
42.61 |
15.86 |
FOREIGN EXCHANGE RATES
NA
ADDITIONAL INFORMATION
Enquiries Trend
|
|
3 MONTHS |
6 MONTHS |
9 MONTHS |
|
Enquiries |
3 |
27 |
33 |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
10/05/2014 |
New Accounts Filed |
|
10/05/2014 |
New Accounts Filed |
|
22/01/2014 |
New Board Member Mr
G.W. Nielsen appointed |
|
15/01/2014 |
New Board Member Mr
G.W. Nielsen appointed |
|
10/12/2013 |
Mr R.A. French has left the board |
|
04/12/2013 |
Mr A.P. Woodward has left the board |
|
27/11/2013 |
Annual Returns |
|
03/04/2013 |
New Accounts Filed |
|
03/04/2013 |
New Accounts Filed |
|
18/12/2012 |
Annual Returns |
|
03/09/2012 |
New Board Member Mr
R.A. French appointed |
|
03/09/2012 |
New Board Member Mr
M.T. Gorman appointed |
|
31/08/2012 |
New Board Member Mr
E.B. Sloves appointed |
|
30/08/2012 |
New Board Member Mr
D.J. Sweet appointed |
|
23/08/2012 |
New Board Member Mr
M.T. Gorman appointed |
Previous Company Names
|
Date |
Previous Name |
|
23/06/1997 |
DIGI-MEDIA VISION LIMITED |
|
16/10/1995 |
ALNERY NO. 1495 LIMITED |
NOTES & COMMENTS
Commentary
|
No exact match CCJs
are recorded against the company. |
|
Net Worth increased by 328.4% during the
latest trading period. |
|
A 109% growth in Total Assets occurred
during the latest trading period. |
|
The company saw an increase in their Cash
Balance of 0.7% during the latest trading period. |
|
The audit report contains no adverse
comments. |
|
The company has undergone recent changes in
its directorships. |
|
The company is part of a group. |
|
The company was established over 18 years
ago. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
|
1 |
Rs.98.77 |
|
Euro |
1 |
Rs.77.65 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIT |
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.