MIRA INFORM REPORT

 

 

Report Date :

26.09.2014

 

IDENTIFICATION DETAILS

 

Name :

LANDAUER LIMITED

 

 

Formerly Known As :

ZOOMHOLD LIMITED

 

 

Registered Office :

25 Beaufort Court Admirals Way London E14 9XL

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

14.04.1983

 

 

Com. Reg. No.:

01714846

 

 

Legal Form :

Private limited with share capital

 

 

Line of Business :

Wholesale of food, including fish, crustaceans and mollusces

 

 

No. of Employees :

51

 

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

 

 

Company name and address

 

Company Name:          LANDAUER LIMITED

 

Company number        01714846

 

 

 

 

 DIRECTORS/MANAGEMENT

 

Current Directors

Name

Stephen Anthony Bathe Brown

Date of Birth

07/01/1955

Officers Title

Mr

Nationality

British

Present Appointments

11

Function

Director

Appointment Date

02/01/2008

 

 

Address

80 Saint Jamess Drive, London, SW17 7RR

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Andreas Georgiou

Date of Birth

15/09/1952

Officers Title

Mr

Nationality

British

Present Appointments

15

Function

Director

Appointment Date

02/01/2008

 

 

Address

83 Minchenden Crescent, London, N14 7EP

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Nils Erik Salen

Date of Birth

15/04/1969

Officers Title

Mr

Nationality

Swedish

Present Appointments

1

Function

Director

Appointment Date

19/04/2001

 

 

Address

Ljungvagen 10, 18279 Stocksund

Other Actions

View Director Report

View Consumer Report

View AML Report

 

View Trace Report

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Staffan Salen

Date of Birth

05/07/1967

Officers Title

Mr

Nationality

Swedish

Present Appointments

1

Function

Director

Appointment Date

28/03/2003

 

 

Address

Slottsvagen 5d, 18268 Djursholm

 

 

NEGATIVE INFORMATION

 

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 -

-

 

 

 

Exact CCJ Details

No CCJs found

 

Possible CCJs Details

There are no possible CCJ details

 

Writ Details

No writs found

 

Mortgage Details

Mortgage Type:

DEBENTURE

Date Charge Created:

26/04/10

 

 

Date Charge Registered:

04/05/10

 

 

Date Charge Satisfied:

12/07/14

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

CLYDESDALE BANK PLC;

Amount Secured:

 

Details:

FOR DETAILS OF PROPERTY CHARGED PLEASE REFER TO FORM MG01 FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

DEBENTURE

Date Charge Created:

26/04/10

 

 

Date Charge Registered:

04/05/10

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

THE GOVERNOR & COMPANY OF THE BANK OF IRELAND

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE OR ANY RECEIVEROR ANY DELEGATE OR SUB-DELEGATE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

FOR DETAILS OF PROPERTY CHARGED PLEASE REFER TO FORM MG01 FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

DEBENTURE

Date Charge Created:

26/04/10

 

 

Date Charge Registered:

04/05/10

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

BANK LEUMI (UK) PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE OR ANY RECEIVEROR ANY DELEGATE OR SUB-DELEGATE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

FOR DETAILS OF PROPERTY CHARGED PLEASE REFER TO FORM MG01 FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

DEBENTURE

Date Charge Created:

26/04/10

 

 

Date Charge Registered:

04/05/10

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

MIZRAHI TEFAHOT BANK LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE OR ANY RECEIVEROR ANY DELEGATE OR SUB-DELEGATE ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

FOR DETAILS OF PROPERTY CHARGED PLEASE REFER TO FORM MG01 FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

DEBENTURE

Date Charge Created:

30/08/05

 

 

Date Charge Registered:

06/09/05

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

CLYDESDALE BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

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:

30/08/05

 

 

Date Charge Registered:

06/09/05

 

 

Date Charge Satisfied:

03/03/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

ALLIED IRISH BANKS, P.L.C.

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 MACHINERYSEE THE MORTGAGECHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

16/02/05

 

 

Date Charge Registered:

17/02/05

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

16/02/05

 

 

Date Charge Registered:

17/02/05

 

 

Date Charge Satisfied:

24/04/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

KBC BANK N.V. LONDON BRANCH

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 MACHINERYSEE THE MORTGAGECHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

29/08/03

 

 

Date Charge Registered:

02/09/03

 

 

Date Charge Satisfied:

03/03/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

FORTIS BANK S.A./N.V.

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 CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERYSEE THE MORTGAGECHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

COLLECTION ACCOUNT CHARGE

Date Charge Created:

09/05/03

 

 

Date Charge Registered:

28/05/03

 

 

Date Charge Satisfied:

24/04/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

KBC BANK N.V.,LONDON BRANCH

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:

THE CHARGOR\S RIGHT,TITLE AND INTEREST IN THE DEPOSITSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

SECURITY ASSIGNMENT

Date Charge Created:

09/05/03

 

 

Date Charge Registered:

28/05/03

 

 

Date Charge Satisfied:

24/04/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

KBC BANK N.V.,LONDON BRANCH

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:

ALL THE RIGHT,TITLE,BENEFIT AND INTEREST OF THE ASSIGNOR IN TO OR UNDER EACH OFTHE ASSIGNED CONTRACTS.ALL OR ANY MONEYS OWING UNDER OR ARISING OUT OF THE ASSIGNED CONTRACTSSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DESIGNATED ACCOUNT CHARGE

Date Charge Created:

09/05/03

 

 

Date Charge Registered:

28/05/03

 

 

Date Charge Satisfied:

24/04/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

KBC BANK N.V.,LONDON BRANCH

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:

THE CHARGOR\S RIGHT,TITLE AND INTEREST IN THE DEPOSITSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

04/09/96

 

 

Date Charge Registered:

24/09/96

 

 

Date Charge Satisfied:

22/07/99

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

BANQUE INTERNATIONALE A LUXEMBOURG S.A.

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 FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

SUPPLEMENTAL CHARGE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

29/06/95

 

 

Date Charge Satisfied:

02/11/95

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

FENNOSCANDIA LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE SUPPLEMENTAL TO THE DEBENTURE DATED22ND DECEMBER 1989(AS AMENDED BY AN AGREEMENT DATED 18TH MARCH 1992) (THE "PRINCIPAL DEBENTURE")

Details:

BY WAY OF FIXED CHARGE ALL BOOK AND OTHER DEBTS WHICH AS AT THE DATE OF THE CHARGE OR AT ANY TIME THEREAFTER ARE DUE AND OWING TO THE COMPANY (BUT EXCLUDING ANY CREDIT BALANCE ON ANY ACCOUNT) (THE "DEBTS) SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

SUPPLEMENTAL CHARGE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

29/06/95

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

UNITED MIZRAHI BANK LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE SUPPLEMENTAL TO THE DEBENTURE DATED1ST JULY 1993 (THE"PRINCIPAL DEBENTURE")

Details:

BY WAY OF FIXED CHARGE ALL BOOK AND OTHER DEBTS WHICH AS AT THE DATE OF THE CHARGE OR AT ANY TIME THEREAFTER ARE DUE AND OWING TO THE COMPANY (BUT EXCLUDING ANY CREDIT BALANCE ON ANY ACCOUNT) (THE "DEBTS") SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

SUPPLEMENTAL CHARGE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

29/06/95

 

 

Date Charge Satisfied:

03/03/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

BROWN SHIPLEY & CO LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE SUPPLEMENTAL TO THE DEBENTURES DATED 18TH MARCH 1992 AND 1ST JULY 1993 (THE "PRINCIPAL DEBENTURES")

Details:

BY WAY OF FIXED CHARGE ALL BOOK AND OTHER DEBTS WHICH AS AT THE DATE OF THE CHARGE OR AT ANY TIME THEREAFTER ARE DUE AND OWING TO THE COMPANY (BUT EXCLUDING ANY CREDIT BALANCE ON ANY ACCOUNT) (THE "DEBTS")SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

26/06/95

 

 

Date Charge Satisfied:

10/03/05

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

UNION BANK OF FINLAND

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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

26/06/95

 

 

Date Charge Satisfied:

28/08/97

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NEDCOR BANK LIMITED

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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

22/06/95

 

 

Date Charge Registered:

26/06/95

 

 

Date Charge Satisfied:

17/02/05

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

HENRY ANSBACHER & CO LIMITED

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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

CONDITIONS FOR MULTI ACCOUNT CLIENTS

Date Charge Created:

01/12/93

 

 

Date Charge Registered:

10/12/93

 

 

Date Charge Satisfied:

08/06/94

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

AMERICAN EXPRESS BANK LTD

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

ALL STOCKS SHARES SECURITIES METAL GOLD& SILVER ETC SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

01/07/93

 

 

Date Charge Registered:

08/07/93

 

 

Date Charge Satisfied:

03/03/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

BROWN SHIPLEY & CO. LIMITED

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 MACHINERYSEE THE MORTGAGECHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

01/07/93

 

 

Date Charge Registered:

08/07/93

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

UNITED MIZRAHI BANK LIMITED

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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

AMENDMENT AGREEMENT

Date Charge Created:

18/03/92

 

 

Date Charge Registered:

04/04/92

 

 

Date Charge Satisfied:

02/11/95

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

FENNOSCANDIA BANK LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THEDEBENTURE DATED 22/12/89

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:

MORTGAGE DEBENTURE

Date Charge Created:

18/03/92

 

 

Date Charge Registered:

23/03/92

 

 

Date Charge Satisfied:

03/03/10

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

BROWN, SHIPLEY & CO. LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF A FACILITYLETTER DATED 27/01/92 AND THIS DEBENTURE

Details:

(FOR FULL DETAILS SEE FORM 395 TC REF: M7)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:

CHARGE

Date Charge Created:

21/12/89

 

 

Date Charge Registered:

09/01/90

 

 

Date Charge Satisfied:

02/11/95

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

FENNOSCANDIA BANK LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE CHARGE.

Details:

PLEDGE OVER ALL GOODS DOCUMENTS POLICIES & PROCEEDS OF SALE BELONGING TO THE COMPANY TOG WITH FULL POWER OF SALE OVER SUCH GOODS DOCUMENTS & POLICIES

 

Mortgage Type:

DEBENTURE

Date Charge Created:

22/12/89

 

 

Date Charge Registered:

27/12/89

 

 

Date Charge Satisfied:

02/11/95

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

FENNOSCANDIA BANK LIMITED

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

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Top 20 Shareholders

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

LARGUS AB

GBP

1,660,000

ORDINARY

1

100

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Statistics

Group

15 companies

Linkages

25 companies

Countries

In 3 countries

 

Summary

Holding Company

-

Ownership Status

Wholly Owned

Ultimate Holding Company

WEST INDIA AB

 

Group structure

Company Name

 

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

WEST INDIA AB

 

N/A

-

-

 

SALÉNIA AKTIEBOLAG

 

5560516634

31.12.2013

Y

1,276 KSEK

LARGUS AKTIEBOLAG

 

5562407956

31.12.2013

Y

3,561 KSEK

LANDAUER LIMITED

 

01714846

31.12.2013

Y

£89,005,000

LEA ELLIOTT (LOND...

 

00277535

31.12.2012

N

 

FARNHAM HOLDINGS...

 

03136038

31.12.2012

N

 

ABACA INTERNATI...

 

03136039

31.12.2012

N

 

J.C. GILBERT LIMITED

 

00216542

31.12.2012

N

 

LANDAUER & CO LIM...

 

00891526

31.12.2012

N

 

LANDAUER INTERNAT...

 

01209677

31.12.2012

N

 

LANDHAM PRODUCE L...

 

00221437

31.12.2012

N

 

MARCUSE GLUES & C...

 

02477002

31.12.2012

N

 

SEA PRODUCTS INTE...

 

04449016

31.12.2013

N

£29,057,000

MARKETS COLDSTO...

 

02854384

31.12.2013

N

£374,396

WATSON GRAIN LIMITED

 

01266642

31.12.2012

N

 

 

 

 

Group structure

 

Company Name

 

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

WEST INDIA AB

 

N/A

-

-

 

SALÉNIA AKTIEBOLAG

 

5560516634

31.12.2013

Y

1,276 KSEK

LARGUS AKTIEBOLAG

 

5562407956

31.12.2013

Y

3,561 KSEK

LANDAUER LIMITED

 

01714846

31.12.2013

Y

£89,005,000

LEA ELLIOTT (LOND...

 

00277535

31.12.2012

N

 

FARNHAM HOLDINGS...

 

03136038

31.12.2012

N

 

ABACA INTERNATI...

 

03136039

31.12.2012

N

 

J.C. GILBERT LIMITED

 

00216542

31.12.2012

N

 

LANDAUER & CO LIM...

 

00891526

31.12.2012

N

 

LANDAUER INTERNAT...

 

01209677

31.12.2012

N

 

LANDHAM PRODUCE L...

 

00221437

31.12.2012

N

 

MARCUSE GLUES & C...

 

02477002

31.12.2012

N

 

SEA PRODUCTS INTE...

 

04449016

31.12.2013

N

£29,057,000

MARKETS COLDSTO...

 

02854384

31.12.2013

N

£374,396

WATSON GRAIN LIMITED

 

01266642

31.12.2012

N

 

 

Other Linked companies

Name

 

Number

Latest Key Financials

Turnover

SVEN SALÉN AKTIEBOLAG

 

5560811506

31.12.2013

1,912 KSEK

CYMUS ENTERPRISE AB

 

5562848548

31.12.2013

 

SALÉNINVEST AB

 

5565552048

31.12.2013

2,487 KSEK

CYMUS HOLDING AB

 

5560215872

31.12.2013

2,500 KSEK

SVENSKA DIREKTFLYG AB

 

5565144085

31.12.2013

160,597 KSEK

SVENSKA DIREKTFLYG AS

 

993570710

31.12.2012

 

MEGA TRADE AKTIEBOLAG

 

5562510916

31.12.2013

 

SALÉNIA HOLDING AB

 

5563635639

31.12.2013

 

WESTINDIA AKTIEBOLAG

 

5560467515

31.12.2013

7 KSEK

MEKANISKA VERKSTADEN FERM AKTIEBOLAG

 

5561240523

31.12.2013

 

SALÉNIA AIR CARGO AB

 

5562009323

31.12.2013

 

RENTABILITY KONSULT AB

 

5562485333

31.12.2013

867 KSEK

SPOC IT SWEDEN AB

 

5563452209

31.12.2013

288 KSEK

BRINTESIA AVIATION AKTIEBOLAG

 

5563452217

31.12.2013

 

LARGUS HOLDING AB

 

5563635621

31.12.2013

161 KSEK

KONSULT AB HAVSÖRNARNA

 

5563830065

31.12.2013

1,029 KSEK

CORDOVA AKTIEBOLAG

 

5563830073

31.12.2013

 

SVENSKA DIREKTFLYG TRAVEL AB

 

5564121639

31.12.2013

 

AMAPOLA FLYG AB

 

5564136595

31.12.2013

406,982 KSEK

AIRBORNE AVIATION I SVEG AKTIEBOLAG

 

5564293180

31.12.2013

 

 

 

FINANCIAL INFORMATION

 

 

Profit & Loss

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

Y

(%)

Y

(%)

Y

(%)

Y

(%)

Y

Turnover

£89,005,000

-8.7%

£97,492,000

-3.8%

£101,324,000

17.9%

£85,950,000

12.4%

£76,464,000

Export

-

-

-

-

-

-

-

-

£55,286,000

Cost of Sales

£81,966,000

-9.9%

£91,021,000

-3.6%

£94,394,000

19.6%

£78,913,000

11.6%

£70,682,000

Gross Profit

£7,039,000

8.8%

£6,471,000

-6.6%

£6,930,000

-1.5%

£7,037,000

21.7%

£5,782,000

Wages & Salaries

£3,184,000

7.5%

£2,963,000

-9.4%

£3,272,000

-4.7%

£3,433,000

20.5%

£2,848,000

Directors Emoluments

£697,000

55.6%

£448,000

-26.8%

£612,000

-1.3%

£620,000

21.6%

£510,000

Operating Profit

£2,178,000

47.3%

£1,479,000

-21.3%

£1,880,000

2.7%

£1,830,000

38.2%

£1,324,000

Depreciation

£32,000

14.3%

£28,000

-9.7%

£31,000

-24.4%

£41,000

-64.3%

£115,000

Audit Fees

£61,000

7%

£57,000

-

£57,000

3.6%

£55,000

1.9%

£54,000

Interest Payments

£363,000

-13.6%

£420,000

3.2%

£407,000

20.8%

£337,000

5%

£321,000

Pre Tax Profit

£1,815,000

71.2%

£1,060,000

-28.1%

£1,475,000

-3.3%

£1,525,000

51.4%

£1,007,000

Taxation

-£475,000

-95.5%

-£243,000

46.1%

-£451,000

10.3%

-£503,000

-67.1%

-£301,000

Profit After Tax

£1,340,000

64%

£817,000

-20.2%

£1,024,000

0.2%

£1,022,000

44.8%

£706,000

Dividends Payable

£760,000

-19.1%

£940,000

34.3%

£700,000

-29.7%

£996,000

-

-

Retained Profit

£580,000

571.5%

-£123,000

-138%

£324,000

999.9%

£26,000

-96.3%

£706,000

 

Balance Sheet

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Tangible Assets

£791,000

4.2%

£759,000

-1.7%

£772,000

-3%

£796,000

-1.4%

£807,000

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£791,000

4.2%

£759,000

-1.7%

£772,000

-3%

£796,000

-1.4%

£807,000

Stock

£17,256,000

22.5%

£14,092,000

-13.7%

£16,338,000

-10.4%

£18,242,000

79.1%

£10,184,000

Trade Debtors

£14,166,000

11.3%

£12,733,000

-24.1%

£16,781,000

30.7%

£12,839,000

14.8%

£11,184,000

Cash

£162,000

-60%

£405,000

34.1%

£302,000

492.2%

£51,000

-85.5%

£351,000

Other Debtors

£614,000

-8.4%

£670,000

32.7%

£505,000

-33.8%

£763,000

95.1%

£391,000

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£32,198,000

15.4%

£27,900,000

-17.8%

£33,926,000

6.4%

£31,895,000

44.3%

£22,110,000

Trade Creditors

£10,049,000

18.6%

£8,471,000

-18.5%

£10,391,000

-6.1%

£11,062,000

89%

£5,852,000

Bank Loans & Overdrafts

£13,274,000

10.2%

£12,049,000

-21.5%

£15,343,000

16.4%

£13,180,000

44.9%

£9,098,000

Other Short Term Finance

£300,000

-

£300,000

-

£300,000

-

£300,000

-

0

Miscellaneous Current Liabilities

£2,291,000

72.6%

£1,327,000

-32.7%

£1,972,000

12.4%

£1,755,000

8.3%

£1,621,000

Total Current Liabilities

£25,914,000

17%

£22,147,000

-20.9%

£28,006,000

6.5%

£26,297,000

58.7%

£16,571,000

Bank Loans & Overdrafts and LTL

£13,274,000

10.2%

£12,049,000

-21.5%

£15,343,000

16.4%

£13,180,000

44.9%

£9,098,000

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Total Long Term Liabilities

0

-

0

-

0

-

0

-

0

 

Capital & Reserves

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Called Up Share Capital

£1,660,000

-

£1,660,000

-

£1,660,000

-

£1,660,000

-

£1,660,000

P & L Account Reserve

£4,801,000

13.7%

£4,221,000

-2.8%

£4,344,000

8.1%

£4,020,000

0.7%

£3,994,000

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

£614,000

-2.7%

£631,000

-8.3%

£688,000

-3.6%

£714,000

3.2%

£692,000

Shareholder Funds

£7,075,000

8.6%

£6,512,000

-2.7%

£6,692,000

4.7%

£6,394,000

0.8%

£6,346,000

 

Other Financial Items

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Net Worth

£7,075,000

8.6%

£6,512,000

-2.7%

£6,692,000

4.7%

£6,394,000

0.8%

£6,346,000

Working Capital

£6,284,000

9.2%

£5,753,000

-2.8%

£5,920,000

5.8%

£5,598,000

1.1%

£5,539,000

Total Assets

£32,989,000

15.1%

£28,659,000

-17.4%

£34,698,000

6.1%

£32,691,000

42.6%

£22,917,000

Total Liabilities

£25,914,000

17%

£22,147,000

-20.9%

£28,006,000

6.5%

£26,297,000

58.7%

£16,571,000

Net Assets

£7,075,000

8.6%

£6,512,000

-2.7%

£6,692,000

4.7%

£6,394,000

0.8%

£6,346,000

 

Miscellaneous

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Contingent Liability

YES

-

YES

-

YES

-

YES

-

YES

Capital Employed

£7,075,000

8.6%

£6,512,000

-2.7%

£6,692,000

4.7%

£6,394,000

0.8%

£6,346,000

Number of Employees

51

-7.3%

55

-3.5%

57

-

57

3.6%

55

Auditors

PKF LITTLEJOHN LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

 

Bank Branch Code

 

 

 

 

 

 

 

 

 

 

Ratios

Date Of Accounts

31/12/13

31/12/12

31/12/11

31/12/10

31/12/09

Pre-tax profit margin %

2.04

1.09

1.46

1.77

1.32

Current ratio

1.24

1.26

1.21

1.21

1.33

Sales/Net Working Capital

14.16

16.95

17.12

15.35

13.80

Gearing %

187.60

185

229.30

206.10

143.40

Equity in %

21.40

22.70

19.30

19.60

27.70

Creditor Days

41.09

31.62

37.32

46.84

27.85

Debtor Days

57.93

47.54

60.28

54.37

53.24

Liquidity/Acid Test

0.57

0.62

0.62

0.51

0.71

Return On Capital Employed %

25.65

16.27

22.04

23.85

15.86

Return On Total Assets Employed %

5.50

3.69

4.25

4.66

4.39

Current Debt Ratio

3.66

3.40

4.18

4.11

2.61

Total Debt Ratio

3.66

3.40

4.18

4.11

2.61

Stock Turnover Ratio %

19.38

14.45

16.12

21.22

13.31

Return on Net Assets Employed %

25.65

16.27

22.04

23.85

15.86

 

FOREIGN EXCHANGE RATES

 

N/a

 

 

ADDITIONAL INFORMATION

 

Enquiries Trend

There have been 46 enquiries in the last 12 months.

There are an average of 4 reports taken each month.

 

Current Company Secretary

Name

Andreas Georgiou

Date of Birth

15/09/1952

Officers Title

Mr

Nationality

British

Present Appointments

15

Function

Company Secretary

Appointment Date

04/03/2008

 

 

Address

83 Minchenden Crescent, London, N14 7EP

Other Actions

 

View Consumer Report

View Trace Report

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Status History

No Status History found

 

 

Event History

Date

Description

12/09/2014

Annual Returns

14/05/2014

New Accounts Filed

23/08/2013

Annual Returns

24/05/2013

New Accounts Filed

08/09/2012

Annual Returns

14/06/2012

Mr S.J. Ryle has left the board

25/05/2012

New Accounts Filed

25/05/2012

New Accounts Filed

05/09/2011

Annual Returns

17/05/2011

New Accounts Filed

17/05/2011

New Accounts Filed

24/09/2010

Annual Returns

09/06/2010

New Accounts Filed

09/06/2010

New Accounts Filed

23/08/2009

Annual Returns

 

Previous Company Names

Date

Previous Name

09/11/1983

ZOOMHOLD LIMITED

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

John George Harrison

0

4

Rinus Verwijs

1

3

Stuart John Ryle

2

30

Stuart John Ryle

2

30

Henrik Baltscheffsky

0

8

Klaus Adolf Marcuse

0

4

Henric Ankarcrona

0

1

Richard Paul Hudson

9

59

Sven Hampus Salen

1

1

Clive Morton Axford

0

3

Oliver J Cox

0

3

Hugh McKeag

0

6

Christopher John Prideaux

0

1

Christopher John Shooter

0

1

Edward Charles Wright

0

1

 

 

NOTES & COMMENTS

 

Commentary

No exact match CCJs are recorded against the company.

 

Net Worth increased by 8.6% during the latest trading period.

 

A 15.1% growth in Total Assets occurred during the latest trading period.

 

Pre-tax profits increased by 71.2% compared to the previous trading period.

 

 

Sales in the latest trading period decreased 8.7% on the previous trading period.

 

The company saw a decrease in their Cash Balance of 60% 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 31 years ago.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.02

UK Pound

1

Rs.99.42

Euro

1

Rs.77.84

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIS

 

               

RATING EXPLANATIONS

 

RATING

STATUS

PROPOSED CREDIT LINE

 

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

 

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

 

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

 

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

 

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

 

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

 

--

NB

New Business

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

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

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