MIRA
INFORM REPORT
|
Report No. : |
315278 |
|
Report Date : |
03.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
COLPAC LIMITED |
|
|
|
|
Formerly Known As : |
FRANK COLEMAN ( |
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|
|
|
Registered Office : |
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|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
02.04.1937 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture of Other Articles of Paper and Paperboard |
|
|
|
|
No. of Employee : |
124 |
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 |
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|
|
Payment Behaviour : |
No complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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
COLPAC LIMITED
Registered Address
MAULDEN ROAD FLITWICK
BEDFORDSHIRE MK45 5BW
Company Summary
Registered Address
MAULDEN ROAD
FLITWICK
BEDFORDSHIRE
MK45 5BW
Trading Address
Maulden Road
Flitwick
Bedford
Bedfordshire
MK45 5BW
Website Address http://www.colpac.co.uk
Telephone
Number 01525712261
Fax Number TPS
No
FPS No Incorporation
Date 02/04/1937
Previous Name
FRANK COLEMAN (LUTON) LIMITED
Type Private limited
with Share Capital FTSE Index -
Date of Change 30/07/1993 Filing Date of
Accounts 19/12/2014
Currency GBP Share
Capital £20,000
SIC07 17290 Charity
Number -
SIC07 Description
MANUFACTURE OF
OTHER ARTICLES OF PAPER AND PAPERBOARD
Principal Activity
Manufacture of
paperboard products.
Key Financials
Year to Date Turnover Pre
Tax Profit Shareholder Funds Employees
31/03/2014 £12,502,529 £582,703 £3,536,193
124
31/03/2013 £10,673,369 £523,690 £3,115,567
112
31/03/2012 £10,728,581 £563,857 £2,747,719
113
Mortgage Summary
Total Mortgage 26
Outstanding 6
Satisfied 20
Trade Debtors / Bad Debt Summary
Total Number of Documented Trade 3
Total Value of Documented Trade £3,566
Last 3 Years Credit Rating/Limit
|
Date |
Rating |
Limit |
|
31/12/2014 |
24 |
£0 |
|
31/12/2013 |
63 |
£56,000 |
|
31/12/2012 |
66 |
£59,000 |
Commentary
|
This company has been treated as a Medium company in respect of the
rating/limit generated. |
|
|
This company's ratio of total liabilities to total assets indicates the
presence of moderate equity funding. |
|
|
This company's return on total assets employed ratio indicates a
relatively efficient use of assets. |
|
|
This company has made late payments on a very high percentage of
invoices. |
|
|
This company's bank loans and overdrafts (less cash) account for a
moderate percentage of short term liabilities. |
|
|
This company trades in an industry with a lower level of corporate
failures. |
|
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 - |
- |
|
|
|
Total Current Directors |
1 |
|
Total Current Secretaries |
1 |
|
Total Previous
Directors / Company Secretaries |
4 |
Current Directors
|
Name |
Neil Vernon
Harold Goldman |
Date of
Birth |
07/09/1950 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
7 |
Function |
Director |
|
Appointment Date |
12/08/1992 |
|
|
|
Address |
Maulden Road, Flitwick, Bedfordshire, MK45 5BW |
||
Current Company Secretary
|
Name |
Olivia Goldman |
Date of Birth |
- |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
18/02/2009 |
|
|
|
Address |
Maulden Road, Flitwick,
Bedfordshire, MK45 5BW |
||
Top 20 Shareholders
|
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
|
NEIL
VERNON HAROLD GOLDMAN |
GBP |
15,000 |
ORDINARY
|
1 |
75 |
|
EXECUTORS OF BRENDA LUCILLE GOLDMAN |
GBP |
5,000 |
ORDINARY |
1 |
25 |
Profit & Loss
|
Date Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£12,502,529 |
17.1% |
£10,673,369 |
-0.5% |
£10,728,581 |
8.4% |
£9,895,835 |
10.5% |
£8,955,572 |
|
Export |
£3,930,932 |
2.3% |
£3,841,091 |
-6.2% |
£4,096,682 |
9.5% |
£3,740,013 |
16.9% |
£3,198,716 |
|
Cost
of Sales |
£8,944,362 |
16.9% |
£7,652,505 |
-0.7% |
£7,706,716 |
6.2% |
£7,259,880 |
13.2% |
£6,413,108 |
|
Gross
Profit |
£3,558,167 |
17.8% |
£3,020,864 |
0% |
£3,021,865 |
14.6% |
£2,635,955 |
3.7% |
£2,542,464 |
|
Wages
& Salaries |
£3,660,175 |
14.8% |
£3,189,373 |
2.3% |
£3,118,749 |
8.2% |
£2,881,958 |
-1% |
£2,911,122 |
|
Directors
Emoluments |
£116,780 |
120.7% |
£52,911 |
-3.7% |
£54,957 |
24.9% |
£43,984 |
-76.1% |
£184,287 |
|
Operating
Profit |
£646,869 |
6.6% |
£606,928 |
-6.8% |
£651,030 |
23.7% |
£526,351 |
43.4% |
£366,965 |
|
Depreciation |
£314,951 |
0.9% |
£312,219 |
12.4% |
£277,880 |
10% |
£252,728 |
2.1% |
£247,604 |
|
Audit
Fees |
- |
- |
- |
- |
£12,000 |
- |
£12,000 |
- |
£12,000 |
|
Interest
Payments |
£64,166 |
-22.9% |
£83,238 |
-4.5% |
£87,173 |
-5.7% |
£92,409 |
8.1% |
£85,505 |
|
Pre
Tax Profit |
£582,703 |
11.3% |
£523,690 |
-7.1% |
£563,857 |
29.9% |
£433,942 |
54.2% |
£281,460 |
|
Taxation |
-£66,077 |
-107.5% |
-£31,842 |
69.7% |
-£104,943 |
-40.3% |
-£74,776 |
-32.8% |
-£56,320 |
|
Profit
After Tax |
£516,626 |
5% |
£491,848 |
7.2% |
£458,914 |
27.8% |
£359,166 |
59.5% |
£225,140 |
|
Dividends
Payable |
£96,000 |
-22.6% |
£124,000 |
-16.2% |
£148,000 |
37% |
£108,000 |
- |
- |
|
Retained
Profit |
£420,626 |
14.3% |
£367,848 |
18.3% |
£310,914 |
23.8% |
£251,166 |
11.6% |
£225,140 |
Balance Sheet
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Tangible
Assets |
£3,047,161 |
-0.2% |
£3,052,977 |
-2% |
£3,116,703 |
2.5% |
£3,040,636 |
0.2% |
£3,034,715 |
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Fixed Assets |
£3,047,161 |
-0.2% |
£3,052,977 |
-2% |
£3,116,703 |
2.5% |
£3,040,636 |
0.2% |
£3,034,715 |
|
Stock |
£1,564,724 |
7.1% |
£1,460,861 |
8.2% |
£1,350,293 |
21.9% |
£1,107,405 |
26.8% |
£873,017 |
|
Trade
Debtors |
£2,550,418 |
3.5% |
£2,462,991 |
46.2% |
£1,684,158 |
-29.1% |
£2,375,696 |
26.3% |
£1,881,462 |
|
Cash |
£67,912 |
67.2% |
£40,629 |
-32.4% |
£60,123 |
-36.1% |
£94,106 |
-32.8% |
£140,131 |
|
Other
Debtors |
£198,824 |
-10.4% |
£222,004 |
-53.7% |
£479,525 |
137.3% |
£202,117 |
418.2% |
£39,004 |
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Current Assets |
£4,381,878 |
4.7% |
£4,186,485 |
17.1% |
£3,574,099 |
-5.4% |
£3,779,324 |
28.8% |
£2,933,614 |
|
Trade
Creditors |
£1,393,446 |
3.8% |
£1,342,381 |
12.3% |
£1,195,362 |
-23.7% |
£1,566,672 |
71.7% |
£912,552 |
|
Bank
Loans & Overdrafts |
£122,876 |
-71.4% |
£429,581 |
7.9% |
£398,094 |
20.9% |
£329,267 |
-35.7% |
£512,097 |
|
Other
Short Term Finance |
£1,301,193 |
0% |
£1,301,233 |
0.8% |
£1,290,733 |
-10.5% |
£1,441,857 |
22% |
£1,181,520 |
|
Miscellaneous
Current Liabilities |
£723,404 |
23.1% |
£587,765 |
30.2% |
£451,425 |
26.3% |
£357,319 |
20.3% |
£297,029 |
|
Total
Current Liabilities |
£3,540,919 |
-3.3% |
£3,660,960 |
9.8% |
£3,335,614 |
-9.7% |
£3,695,115 |
27.3% |
£2,903,198 |
|
Bank
Loans & Overdrafts and LTL |
£474,803 |
-46.8% |
£892,516 |
-11.2% |
£1,005,563 |
-1.2% |
£1,017,307 |
-26.9% |
£1,391,589 |
|
Other
Long Term Finance |
£192,746 |
2.1% |
£188,867 |
12.5% |
£167,893 |
10.2% |
£152,291 |
-39.4% |
£251,130 |
|
Total Long Term Liabilities |
£351,927 |
-24% |
£462,935 |
-23.8% |
£607,469 |
-11.7% |
£688,040 |
-21.8% |
£879,492 |
.
Capital & Reserves
|
Date Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Called Up Share Capital |
£20,000 |
- |
£20,000 |
- |
£20,000 |
- |
£20,000 |
- |
£20,000 |
|
P & L Account Reserve |
£2,106,359 |
25% |
£1,685,733 |
27.9% |
£1,317,885 |
30.9% |
£1,006,971 |
33.2% |
£755,805 |
|
Revaluation Reserve |
£1,376,441 |
- |
£1,376,441 |
- |
£1,376,441 |
- |
£1,376,441 |
- |
£1,376,441 |
|
Sundry
Reserves |
£33,393 |
- |
£33,393 |
- |
£33,393 |
- |
£33,393 |
- |
£33,393 |
|
Shareholder Funds |
£3,536,193 |
13.5% |
£3,115,567 |
13.4% |
£2,747,719 |
12.8% |
£2,436,805 |
11.5% |
£2,185,639 |
Other Financial Items
|
Date Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Net Worth |
£3,536,193 |
13.5% |
£3,115,567 |
13.4% |
£2,747,719 |
12.8% |
£2,436,805 |
11.5% |
£2,185,639 |
|
Working Capital |
£840,959 |
60% |
£525,525 |
120.4% |
£238,485 |
183.2% |
£84,209 |
176.9% |
£30,416 |
|
Total Assets |
£7,429,039 |
2.6% |
£7,239,462 |
8.2% |
£6,690,802 |
-1.9% |
£6,819,960 |
14.3% |
£5,968,329 |
|
Total Liabilities |
£3,892,846 |
-5.6% |
£4,123,895 |
4.6% |
£3,943,083 |
-10% |
£4,383,155 |
15.9% |
£3,782,690 |
|
Net Assets |
£3,536,193 |
13.5% |
£3,115,567 |
13.4% |
£2,747,719 |
12.8% |
£2,436,805 |
11.5% |
£2,185,639 |
Cash Flow
|
Date Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Net Cashflow
from Operations |
£966,349 |
52.1% |
£635,139 |
1.6% |
£625,409 |
-23.5% |
£817,551 |
29.3% |
£632,407 |
|
Net Cashflow
before Financing |
£595,617 |
108.8% |
£285,232 |
999.9% |
£344 |
-99.9% |
£358,243 |
-31.2% |
£520,339 |
|
Net Cashflow
from Financing |
-£283,792 |
16.2% |
-£338,470 |
-270.2% |
-£91,419 |
58% |
-£217,432 |
27.4% |
-£299,420 |
|
Increase in Cash |
£311,825 |
685.7% |
-£53,238 |
41.5% |
-£91,075 |
-164.7% |
£140,811 |
-36.3% |
£220,919 |
Miscellaneous
|
Date Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£3,888,120 |
8.7% |
£3,578,502 |
6.7% |
£3,355,188 |
7.4% |
£3,124,845 |
1.9% |
£3,065,131 |
|
Number of Employees |
124 |
10.7% |
112 |
-0.9% |
113 |
14.1% |
99 |
1% |
98 |
|
Auditors |
MERCER & HOLE |
||||||||
|
Auditor Comments |
The audit report contains
no adverse comments |
||||||||
|
Bankers |
HSBC BANK PLC |
||||||||
|
Bank Branch Code |
40-36-15 |
||||||||
Ratios
|
Date Of Accounts |
31/03/14 |
31/03/13 |
31/03/12 |
31/03/11 |
31/03/10 |
|
Pre-tax profit margin % |
4.66 |
4.91 |
5.26 |
4.39 |
3.14 |
|
Current ratio |
1.24 |
1.14 |
1.07 |
1.02 |
1.01 |
|
Sales/Net Working Capital |
14.87 |
20.31 |
44.99 |
117.52 |
294.44 |
|
Gearing % |
13.40 |
28.60 |
36.60 |
41.70 |
63.70 |
|
Equity in % |
47.60 |
43 |
41.10 |
35.70 |
36.60 |
|
Creditor Days |
40.56 |
45.77 |
40.55 |
57.62 |
37.09 |
|
Debtor Days |
74.25 |
83.99 |
57.14 |
87.38 |
76.47 |
|
Liquidity/Acid Test |
0.79 |
0.74 |
0.66 |
0.72 |
0.70 |
|
Return On Capital Employed % |
14.98 |
14.63 |
16.80 |
13.88 |
9.18 |
|
Return On Total Assets Employed % |
7.84 |
7.23 |
8.42 |
6.36 |
4.71 |
|
Current Debt Ratio |
1 |
1.17 |
1.21 |
1.51 |
1.32 |
|
Total Debt Ratio |
1.10 |
1.32 |
1.43 |
1.79 |
1.73 |
|
Stock Turnover Ratio % |
12.51 |
13.68 |
12.58 |
11.19 |
9.74 |
|
Return on Net Assets Employed % |
16.47 |
16.80 |
20.52 |
17.80 |
12.87 |
Event History
|
Date |
Description |
|
09/01/2015 |
New Accounts Filed |
|
09/01/2015 |
New Accounts Filed |
|
14/10/2014 |
Annual Returns |
|
19/11/2013 |
New Accounts Filed |
|
19/11/2013 |
New Accounts Filed |
|
07/09/2013 |
Annual Returns |
|
30/10/2012 |
New Accounts Filed |
|
30/10/2012 |
New Accounts Filed |
|
08/09/2012 |
Annual Returns |
|
05/09/2011 |
Annual Returns |
|
27/08/2011 |
New Accounts Filed |
|
18/12/2010 |
New Accounts Filed |
|
18/12/2010 |
New Accounts Filed |
|
13/09/2010 |
Annual Returns |
|
15/04/2010 |
Mrs B.L. Goldman has left the board |
Previous Company Names
|
Date |
Previous Name |
|
30/07/1993 |
FRANK COLEMAN (LUTON) LIMITED |
Writ Details
|
No writs found |
Statistics
|
Group |
- |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding
Company |
- |
|
Ownership
Status |
|
|
Ultimate
Holding Company |
- |
|
Group |
0 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Mortgage Details
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
20/06/12 |
|
|
|
Date Charge Registered: |
21/06/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
HEIDELBERG SPEEDMASTER 102 CD 6-COLOUR PRESS S/N 540304 (YOM 1998) |
||
|
Mortgage Type: |
CHATTEL MORTGAGE |
||
|
Date Charge Created: |
17/10/11 |
|
|
|
Date Charge Registered: |
19/10/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
LOMBARD NORTH CENTRAL PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
BOBST MEDIA 2/A2 CARTON GLUEING MACHINESERIAL NUMBER 34107903 |
||
|
Mortgage Type: |
FIXED AND FLOATING CHARGE |
||
|
Date Charge Created: |
14/06/06 |
|
|
|
Date Charge Registered: |
28/06/06 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
RBS INVOICE FINANCE LIMITED |
||
|
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 MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
||
|
Mortgage Type: |
CHATTEL MORTGAGE |
||
|
Date Charge Created: |
26/07/04 |
|
|
|
Date Charge Registered: |
27/07/04 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL AND SINGULAR THE CAHTTELS, PLANT MACHINERY AND THINGS DESCRIBED
HERETO: TRAY & CARTON ERECTING MACHINE TYPE 290-HS C/W ANCILLIARY ITEMS
SERIAL NUMBER 06.1724.04 |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
19/05/04 |
|
|
|
Date Charge Registered: |
20/05/04 |
|
|
|
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: |
THE PROPERTY AT LYNDHURST MAULDEN ROAD FLITWICK BEDFORDSHIRE T/NO BD153835
WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CONTRACTS
DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR
MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF
ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER
MONEY PAYABLEUNDER ANYLEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF
THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
16/02/04 |
|
|
|
Date Charge Registered: |
17/02/04 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS BEING TRAY
& CARTON ERECTING MACHINESEE THEMORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
07/07/03 |
|
|
|
Date Charge Registered: |
08/07/03 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS BEING
SAMAROSE ALS 1 AUTOMATIC LIDDING MACHINE S/N 0028 |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
24/09/02 |
|
|
|
Date Charge Registered: |
25/09/02 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS BEING 1
VEPATEC TRAY &CARTON ERECTING MACHINE TYPE 90-HS S/NO03.928 98 AND 1
MACHINE TOOL S/NO 07.1459 02 OR ANY PART THEREOF |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
16/10/01 |
|
|
|
Date Charge Registered: |
16/10/01 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
1976 ROLAND 806 6 COLOUR PRESS S/N 3388B |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
12/10/00 |
|
|
|
Date Charge Registered: |
12/10/00 |
|
|
|
Date Charge Satisfied: |
04/11/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS K/A EUROLASER
M-1600 LASER CUTTER S/N 002S-110P |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
26/09/00 |
|
|
|
Date Charge Registered: |
26/09/00 |
|
|
|
Date Charge Satisfied: |
08/12/00 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK)
LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
EUROLASER M-1600 LASER CUTTER S/NO.032S916P |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
01/06/99 |
|
|
|
Date Charge Registered: |
10/06/99 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
MIDLAND BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS
PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS
FIXTURESFIXED PLANT AND MACHINERY |
||
|
Mortgage Type: |
FIXED CHARGE BY CLIENT ON PURCHASED DEBTS WHICH FAIL TO VEST AND OTHER
DEBTS AND FLOATING CHARGE ONBANKED PROCEEDS OF OTHER DEBTS |
||
|
Date Charge Created: |
08/04/99 |
|
|
|
Date Charge Registered: |
10/04/99 |
|
|
|
Date Charge Satisfied: |
13/09/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LOMBARD NATWEST DISCOUNTING LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ANY DEBT WITH RELATED RIGHTS PURCHASED PURSUANT TO THE AGREEMENT WHICH
FAILS TOVEST ABSOLUTELY AND ALL OTHER INDEBTEDNESS WHATSOEVER; FLOATING CHARGE
OVER ALLMONEYS RECEIVED IN RESPECT OF OTHER DEBTSSEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
24/11/95 |
|
|
|
Date Charge Registered: |
24/11/95 |
|
|
|
Date Charge Satisfied: |
13/09/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
FORWARD TRUST LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ONE NEW KECK SK 5' AUTOMATIC TRAY FORMER AND BOX GLUING MACHINE SERIAL
NO 3445 |
||
|
Mortgage Type: |
FIXED CHARGE |
||
|
Date Charge Created: |
19/04/94 |
|
|
|
Date Charge Registered: |
26/04/94 |
|
|
|
Date Charge Satisfied: |
13/09/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
GRIFFIN FACTORS LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
BY WAY OF FIXED EQUITABLE CHARGE ALL BOOK DEBTS INVOICE DEBTS ACCOUNTS
NOTES BILLS ACCEPTANCES AND/OR OTHER FORM OF OBLIGATIONSEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
12/02/93 |
|
|
|
Date Charge Registered: |
18/02/93 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
MIDLAND BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
LAND AND BUILDINGS ON WEST SIDE OF MAULDEN ROAD, FLITWICK, BEDS T/NO:
BD 102190 TOGETHER WITH ALL FIXTURES AND FITTINGS NOW OR AT ANY TIME
HEREAFTER ON THE PROPERTY. THE BENEFITS OF ALL RIGHTS LICENCES AND THE
GOODWILL OF THE MORTGAGOR INRELATION TO THE BUSINESS FROM TIME TO TIME
CARRIED ON AT THE PROPERTY |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
12/02/93 |
|
|
|
Date Charge Registered: |
16/02/93 |
|
|
|
Date Charge Satisfied: |
23/09/14 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
MIDLAND BANK PLC; |
||
|
Amount Secured: |
|
||
|
Details: |
JAGENBURG DIANA 105-2 HIGH SPEED UNIVERSAL GLUER SERIAL NO: 10-44719
(SEE FORM 395) |
||
|
Mortgage Type: |
FIXED AND FLOATING CHARGE |
||
|
Date Charge Created: |
12/02/93 |
|
|
|
Date Charge Registered: |
16/02/93 |
|
|
|
Date Charge Satisfied: |
06/08/14 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
MIDLAND BANK PLC; |
||
|
Amount Secured: |
|
||
|
Details: |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL GOODWILL BOOKDEBTS AND
PATENTS |
||
|
Mortgage Type: |
AGREEMENT |
||
|
Date Charge Created: |
17/04/91 |
|
|
|
Date Charge Registered: |
25/04/91 |
|
|
|
Date Charge Satisfied: |
13/09/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
CLOSE BROTHERS LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
ALL ITS RIGHT TITLE AND INTEREST IN ANDTO ALL SUMS PAYABLE UNDER THE
INSURANCE AS SET OF BELOW:- TYPE CC INSURERS:- IRAN TRADES PREMIUM £15,953.35 |
||
|
Mortgage Type: |
DEED OF CHARGE |
||
|
Date Charge Created: |
20/02/91 |
|
|
|
Date Charge Registered: |
08/03/91 |
|
|
|
Date Charge Satisfied: |
09/03/93 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
ALL BOOK AND OTHER DEBTS NOW AND FROM TIME TO TIME DUE OR OWING THE
COMPANY |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
10/01/84 |
|
|
|
Date Charge Registered: |
25/01/84 |
|
|
|
Date Charge Satisfied: |
18/02/93 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
L/HOLD, FACTORY PREMSER AT MAULDEN ROAD, FLITWICK. TITLE NO BD 93444 |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
25/03/82 |
|
|
|
Date Charge Registered: |
15/04/82 |
|
|
|
Date Charge Satisfied: |
30/06/95 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY
ACCOUNT WHATSOEVER |
||
|
Details: |
LEASEHOLD LAND AND BUILDING ON 2.388 ACRRES, APPROXIMATLY ON WEST SIDE
OF MOULDEN ROD, FLITWICK, BEDFORDSHIRE TITLE NUMBER BD 85361 |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
16/11/66 |
|
|
|
Date Charge Registered: |
22/11/66 |
|
|
|
Date Charge Satisfied: |
13/09/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
HALIFAR BUILDING SOCIETY |
||
|
Amount Secured: |
|
||
|
Details: |
42 LISTERPORT ROAD LUTON |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
02/05/57 |
|
|
|
Date Charge Registered: |
06/05/57 |
|
|
|
Date Charge Satisfied: |
06/05/57 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BEDFORDSHIRE BLDG SOCY |
||
|
Amount Secured: |
STERLING POUNDS 2000 AND ANY OTHER MONEY DUE ETC. |
||
|
Details: |
NEWLANDS 67 PARLTON CRESCENT LUTON BEDS |
||
|
Mortgage Type: |
CORPORATE MORTGAGE |
||
|
Date Charge Created: |
01/07/91 |
|
|
|
Date Charge Registered: |
09/07/91 |
|
|
|
Date Charge Satisfied: |
09/03/93 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
PURSUANT TO A FACILITY LETTER DATED28.7.89 |
||
|
Details: |
THE GOODS HEREAFTER DESCRIBED. THE BENEFIT OF AL CONTRACTS WARRENTIES AND
AGREEMENTS ALL LOG BOOKDSCAD CAM WINDON PATCHING MACHINE (PLEASE SEE DOC 395
M/593/C/10.7. FOR FULL DETAILS) JAGENBERG HIGH SPEED UNIVERSAL GLMER AUTHER
NO 105-2 (SERIAL NO) 10-44719 BAUJ (PLEASE SEE DOC 395 616/C/107 |
||
|
Mortgage Type: |
CORPORATE MORTGAGE |
||
|
Date Charge Created: |
01/07/91 |
|
|
|
Date Charge Registered: |
09/07/91 |
|
|
|
Date Charge Satisfied: |
09/03/93 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
PURSUANT TO A FACILITY LETER DATED28.7.89 |
||
|
Details: |
THE GOODS HEREAFTER DESCRIBED, THE BENEFIT OF ALL CONTRACTS WARRANTIES
AND AGREEMENTS ALL LOGBOOKS CAD CAM WINDON PATCHING MACHINE (PLEASE SEE DOC
395 M/593/C/10.7 FOR FULL DETAILS) |
||
Creditor Details
|
|
Total Number |
Total Value |
|
Trade Creditors |
0 |
- |
|
No Creditor Data |
Trade Debtors / Bad Debt Detail
|
|
Total Number of Documented Trade |
Total Value of Documented Trade |
|
Trade Debtors |
3 |
£3,566 |
|
Company Name |
Amount |
Statement Date |
|
Choice Food Service Ltd |
£1,803 |
05/09/2012 |
|
Novaprime Ltd |
£1,239 |
11/10/2010 |
|
Longford Retail Limited |
£524 |
23/05/2011 |
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Martin Werner Goldman |
2 |
4 |
|
Brenda Lucille Goldman |
0 |
4 |
|
Brenda Lucille Goldman |
0 |
4 |
|
Carol Ann Pagdin |
12 |
5 |
|
Average Invoice Value |
£596.75 |
|
Invoices available |
230 |
|
Paid |
230 |
|
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 |
37 |
23 |
42 |
117 |
11 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
UK Pound |
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
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.