MIRA
INFORM REPORT
|
Report No. : |
315726 |
|
Report Date : |
04.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
FINE ORGANICS LIMITED |
|
|
|
|
Formerly Known As : |
TRACEBREW LIMITED |
|
|
|
|
Registered Office : |
Seal Sandsmiddlesbroughts2 1UB |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2014 |
|
|
|
|
Date of Incorporation : |
03.12.1980 |
|
|
|
|
Com. Reg. No.: |
01532065 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
· Manufacture of other organic basic chemicals ·
The supplier of fine chemical custom synthesis
services to the pharmaceutical, Agrochemical and speciality industry |
|
|
|
|
No. of Employee : |
213 |
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 – 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 |
|
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
FINE ORGANICS LIMITED
COMPANY NUMBER
01532065
Company Summary
|
Registered
Address |
- - SEAL
SANDS MIDDLESBROUGH TS2 1UB |
Trading
Address |
Seal
Sands Middlesbrough Cleveland TS2 1UB |
|
Website
Address |
http://www.fineindustries.co.uk |
|
|
|
Telephone
Number |
08708366666 |
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation
Date |
03/12/1980 |
|
|
|
Previous
Name |
TRACEBREW
LIMITED |
Type |
Private
limited with Share Capital |
|
FTSE Index |
- |
Date of
Change |
31/12/1981 |
|
Filing Date
of Accounts |
06/02/2015 |
Currency |
GBP |
|
Share
Capital |
£1,200 |
SIC07 |
20140 |
|
Charity
Number |
- |
|
|
|
SIC07
Description |
MANUFACTURE
OF OTHER ORGANIC BASIC CHEMICALS |
||
|
Principal
Activity |
The
supplier of fine chemical custom synthesis services to the pharmaceutical,
Agrochemical and speciality industry. |
||
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
30/09/2014 |
£47,692,000 |
£7,255,000 |
£19,088,000 |
213 |
|
30/09/2013 |
£39,956,000 |
£7,191,000 |
£12,232,000 |
199 |
|
30/09/2012 |
£31,382,000 |
£2,292,000 |
£6,685,000 |
182 |
Mortgage Summary
Total Mortgage 17
Outstanding 9
Satisfied 8
Trade Debtors / Bad Debt Summary
Total Number of Documented Trade 1
Total Value of Documented Trade £2,090
Commentary
|
This company has been treated as a Large
company |
|
|
This company's return on total assets
employed ratio indicates a highly efficient use of assets. |
|
|
This company has made late payments on a
medium percentage of invoices. |
|
|
This company's ratio of total liabilities
to total assets indicates the presence of moderate equity funding. |
|
|
The company has more cash than short term
bank borrowings. |
|
|
This company trades in an industry with a
moderate 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 |
5 |
|
Total Current Secretaries |
0 |
|
Total Previous Directors / Company
Secretaries |
26 |
Current Directors
|
Name |
Brian Joseph Davidson |
Date of Birth |
19/03/1963 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
39 |
Function |
Director |
|
Appointment Date |
08/10/2014 |
|
|
|
Address |
- -, SEal Sands, Middlesbrough, Cleveland,
TS2 1UB |
||
|
Name |
Lee Paul Kingsbury |
Date of Birth |
29/12/1972 |
|
Officers Title |
|
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
12/11/2013 |
|
|
|
Address |
Seal Sands, Middlesbrough, TS2 1UB |
||
|
Name |
Nigel Christopher Parkinson |
Date of Birth |
24/01/1968 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
12/11/2013 |
|
|
|
Address |
Seal Sands, Middlesbrough, TS2 1UB |
||
|
Name |
John Alexander George Douglas |
Date of Birth |
05/08/1994 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
05/06/2014 |
|
|
|
Address |
- -, SEal Sands, Middlesbrough, Cleveland,
TS2 1UB |
||
|
Name |
Michael Craig Morgan |
Date of Birth |
19/05/1968 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
15/08/2014 |
|
|
|
Address |
- -, SEal Sands, Middlesbrough, Cleveland,
TS2 1UB |
||
Top 20
Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
FINE INDUSTRIES LTD |
GBP |
1,200 |
ORDINARY |
1 |
100 |
Profit & Loss
|
Date Of Accounts |
30/09/14 |
(%) |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£47,692,000 |
19.4% |
£39,956,000 |
27.3% |
£31,382,000 |
2.9% |
£30,485,000 |
9.3% |
£27,884,000 |
|
Export |
£45,450,000 |
27.5% |
£35,635,000 |
23.6% |
£28,836,000 |
1.5% |
£28,414,000 |
8.7% |
£26,135,000 |
|
Cost of Sales |
£38,081,000 |
29.5% |
£29,397,000 |
11.5% |
£26,361,000 |
-0.1% |
£26,385,000 |
8.7% |
£24,282,000 |
|
Gross Profit |
£9,611,000 |
-9% |
£10,559,000 |
110.3% |
£5,021,000 |
22.5% |
£4,100,000 |
13.8% |
£3,602,000 |
|
Wages & Salaries |
£10,467,000 |
7.1% |
£9,774,000 |
4.1% |
£9,387,000 |
7.5% |
£8,734,000 |
1.6% |
£8,596,000 |
|
Directors Emoluments |
£825,000 |
-23.3% |
£1,076,000 |
52% |
£708,000 |
10.3% |
£642,000 |
0.9% |
£636,000 |
|
Operating Profit |
£7,601,000 |
5.1% |
£7,233,000 |
215.6% |
£2,292,000 |
18.2% |
£1,939,000 |
29.9% |
£1,493,000 |
|
Depreciation |
£1,853,000 |
47.5% |
£1,256,000 |
3.8% |
£1,210,000 |
2.8% |
£1,177,000 |
31.4% |
£896,000 |
|
Audit Fees |
£41,000 |
7.9% |
£38,000 |
31% |
£29,000 |
16% |
£25,000 |
-10.7% |
£28,000 |
|
Interest Payments |
£352,000 |
738.1% |
£42,000 |
- |
- |
- |
- |
- |
- |
|
Pre Tax Profit |
£7,255,000 |
0.9% |
£7,191,000 |
213.7% |
£2,292,000 |
18.2% |
£1,939,000 |
29.9% |
£1,493,000 |
|
Taxation |
-£399,000 |
75.7% |
-£1,644,000 |
-178.9% |
£2,083,000 |
999.9% |
£175,000 |
- |
- |
|
Profit After Tax |
£6,856,000 |
23.6% |
£5,547,000 |
26.8% |
£4,375,000 |
107% |
£2,114,000 |
41.6% |
£1,493,000 |
|
Dividends Payable |
- |
- |
- |
-100% |
£715,000 |
0.1% |
£714,000 |
128.8% |
£312,000 |
|
Retained Profit |
£6,856,000 |
23.6% |
£5,547,000 |
51.6% |
£3,660,000 |
161.4% |
£1,400,000 |
18.5% |
£1,181,000 |
Balance Sheet
|
Date Of Accounts |
30/09/14 |
(%) |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
|
Tangible Assets |
£23,174,000 |
67.8% |
£13,810,000 |
69.7% |
£8,138,000 |
-4.1% |
£8,488,000 |
8.7% |
£7,806,000 |
|
Intangible Assets |
-£1,894,000 |
18.2% |
-£2,314,000 |
16% |
-£2,756,000 |
16.8% |
-£3,312,000 |
20.1% |
-£4,147,000 |
|
Total Fixed Assets |
£21,280,000 |
85.1% |
£11,496,000 |
113.6% |
£5,382,000 |
4% |
£5,176,000 |
41.5% |
£3,659,000 |
|
Stock |
£10,235,000 |
35.4% |
£7,558,000 |
87% |
£4,042,000 |
0.4% |
£4,024,000 |
-28.8% |
£5,650,000 |
|
Trade Debtors |
£8,523,000 |
-7.9% |
£9,255,000 |
71.7% |
£5,389,000 |
31.2% |
£4,107,000 |
160.9% |
£1,574,000 |
|
Cash |
£8,257,000 |
291.1% |
£2,111,000 |
-49.2% |
£4,152,000 |
-38.4% |
£6,741,000 |
-44.7% |
£12,189,000 |
|
Other Debtors |
£1,399,000 |
-23.1% |
£1,819,000 |
-48.7% |
£3,544,000 |
185.8% |
£1,240,000 |
-14.7% |
£1,453,000 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£28,414,000 |
37% |
£20,743,000 |
21.1% |
£17,127,000 |
6.3% |
£16,112,000 |
-22.8% |
£20,866,000 |
|
Trade Creditors |
£8,155,000 |
33.2% |
£6,124,000 |
99.5% |
£3,070,000 |
9.4% |
£2,806,000 |
-9.4% |
£3,098,000 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£8,373,000 |
355.3% |
£1,839,000 |
788.4% |
£207,000 |
999.9% |
£3,000 |
- |
0 |
|
Miscellaneous Current Liabilities |
£6,406,000 |
-9.8% |
£7,099,000 |
11.7% |
£6,354,000 |
1.4% |
£6,269,000 |
-20.6% |
£7,895,000 |
|
Total Current Liabilities |
£22,934,000 |
52.3% |
£15,062,000 |
56.4% |
£9,631,000 |
6.1% |
£9,078,000 |
-17.4% |
£10,993,000 |
|
Bank Loans & Overdrafts and LTL |
£7,672,000 |
55.1% |
£4,945,000 |
-20.2% |
£6,193,000 |
-32.6% |
£9,185,000 |
-22.9% |
£11,907,000 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
£7,672,000 |
55.1% |
£4,945,000 |
-20.2% |
£6,193,000 |
-32.6% |
£9,185,000 |
-22.9% |
£11,907,000 |
.
Capital &
Reserves
|
Date Of Accounts |
30/09/14 |
(%) |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
|
Called Up Share Capital |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
|
P & L Account Reserve |
£18,920,000 |
56.8% |
£12,064,000 |
85.1% |
£6,517,000 |
128.1% |
£2,857,000 |
96.1% |
£1,457,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£167,000 |
- |
£167,000 |
- |
£167,000 |
- |
£167,000 |
- |
£167,000 |
|
Shareholder Funds |
£19,088,000 |
56% |
£12,232,000 |
83% |
£6,685,000 |
121% |
£3,025,000 |
86.2% |
£1,625,000 |
Other Financial
Items
|
Date Of Accounts |
30/09/14 |
(%) |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
|
Net Worth |
£20,982,000 |
44.2% |
£14,546,000 |
54.1% |
£9,441,000 |
49% |
£6,337,000 |
9.8% |
£5,772,000 |
|
Working Capital |
£5,480,000 |
-3.5% |
£5,681,000 |
-24.2% |
£7,496,000 |
6.6% |
£7,034,000 |
-28.8% |
£9,873,000 |
|
Total Assets |
£49,694,000 |
54.1% |
£32,239,000 |
43.2% |
£22,509,000 |
5.7% |
£21,288,000 |
-13.2% |
£24,525,000 |
|
Total Liabilities |
£30,606,000 |
53% |
£20,007,000 |
26.4% |
£15,824,000 |
-13.4% |
£18,263,000 |
-20.2% |
£22,900,000 |
|
Net Assets |
£19,088,000 |
56% |
£12,232,000 |
83% |
£6,685,000 |
121% |
£3,025,000 |
86.2% |
£1,625,000 |
Miscellaneous
|
Date Of Accounts |
30/09/14 |
(%) |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£26,760,000 |
55.8% |
£17,177,000 |
33.4% |
£12,878,000 |
5.5% |
£12,210,000 |
-9.8% |
£13,532,000 |
|
Number of Employees |
213 |
7% |
199 |
9.3% |
182 |
- |
182 |
-1.6% |
185 |
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
|
Auditor Comments |
The audit report contains no adverse
comments |
|
Bankers |
|
|
Bank Branch Code |
|
Ratios
|
Date Of Accounts |
30/09/14 |
30/09/13 |
30/09/12 |
30/09/11 |
30/09/10 |
|
Pre-tax profit margin % |
15.21 |
18 |
7.30 |
6.36 |
5.35 |
|
Current ratio |
1.24 |
1.38 |
1.78 |
1.77 |
1.90 |
|
Sales/Net Working Capital |
8.70 |
7.03 |
4.19 |
4.33 |
2.82 |
|
Gearing % |
40.20 |
40.40 |
92.60 |
303.60 |
732.70 |
|
Equity in % |
37 |
35.40 |
26.50 |
12.30 |
5.70 |
|
Creditor Days |
62.24 |
55.78 |
35.60 |
33.50 |
40.44 |
|
Debtor Days |
65.05 |
84.31 |
62.50 |
49.03 |
20.54 |
|
Liquidity/Acid Test |
0.79 |
0.87 |
1.35 |
1.33 |
1.38 |
|
Return On Capital Employed % |
27.11 |
41.86 |
17.79 |
15.88 |
11.03 |
|
Return On Total Assets Employed % |
14.59 |
22.30 |
10.18 |
9.10 |
6.08 |
|
Current Debt Ratio |
1.20 |
1.23 |
1.44 |
3 |
6.76 |
|
Total Debt Ratio |
1.60 |
1.63 |
2.36 |
6.03 |
14.09 |
|
Stock Turnover Ratio % |
21.46 |
18.91 |
12.87 |
13.19 |
20.26 |
|
Return on Net Assets Employed % |
38 |
58.78 |
34.28 |
64.09 |
91.87 |
Report Notes
There are no notes to display.
|
|
Status History
No Status History found
Event History
|
Date |
Description |
|
26/02/2015 |
New Accounts Filed |
|
26/02/2015 |
New Accounts Filed |
|
25/02/2015 |
Annual Returns |
|
17/12/2014 |
New Board Member Mr M.C. Morgan appointed |
|
15/12/2014 |
Dr M.C. Morgan has left the board |
|
05/12/2014 |
New Board Member Mr B.J. Davidson appointed |
|
23/06/2014 |
New Accounts Filed |
|
23/06/2014 |
New Accounts Filed |
|
11/06/2014 |
Mr K. Russon has left the board |
|
11/06/2014 |
Mr K. Russon has resigned as company
secretary |
|
11/06/2014 |
New Board Member Mr J.A. Douglas appointed |
|
14/04/2014 |
Annual Returns |
|
21/11/2013 |
Mr S.L. Catchpole has left the board |
|
21/11/2013 |
Mr K. Hanson has left the board |
|
21/11/2013 |
New Board Member Mr N.C. Parkinson
appointed |
Previous Company
Names
|
Date |
Previous Name |
|
31/12/1981 |
TRACEBREW LIMITED |
Writ Details
|
No writs found |
Statistics
|
Group |
10 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding Company |
FINE INDUSTRIES LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
NORTHEDGE CAPITAL FUND I LP |
Group
structureFull
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
LP015078 |
- |
N |
|
|
|
08718692 |
30.09.2014 |
Y |
£45,212,000 |
|
|
08711574 |
30.09.2014 |
N |
|
|
|
06666915 |
30.09.2014 |
N |
|
|
|
01532065 |
30.09.2014 |
N |
£47,692,000 |
|
|
07182855 |
30.09.2014 |
N |
£1,388,000 |
|
|
07186691 |
30.09.2014 |
N |
|
|
|
07372569 |
30.09.2014 |
N |
£543,000 |
|
|
07372586 |
30.09.2014 |
N |
|
|
|
07372595 |
30.09.2014 |
N |
£4,097,000 |
Mortgage Details
|
Mortgage Type: |
|
||
|
Date Charge Created: |
12/11/13 |
|
|
|
Date Charge Registered: |
18/11/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
NORTHEDGE CAPITAL LLP; |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND AND BUILDINGS AT SEAL SANDS
MIDDLESBROUGH T/NO.CE1059,CE77847 AND CE95499CONTAINS FIXED CHARGE.CONTAINS FLOATING
CHARGE.FLOATING CHARGE COVERS ALL THEPROPERTY OR UNDERTAKING OF THE
COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENTOF CHARGE. |
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
12/11/13 |
|
|
|
Date Charge Registered: |
18/11/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC CORPORATE TRUSTEE COMPANY (UK)
LIMITED; |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND AND BUILDINGS AT SEAL SANDS, MIDDLESBROUGH
T/NO CE1059, CE77847 AND CE95499CONTAINS FIXED CHARGE.CONTAINS FLOATING
CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE
COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
12/11/13 |
|
|
|
Date Charge Registered: |
18/11/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
KEITH HANSON; |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND AND BUILDINGS AT SEAL SANDS
MIDDLESBOROUGH T/NO'S CE1059,CE77847 AND CE95499CONTAINS FIXED
CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR
UNDERTAKING OF THE COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF
CHARGE. |
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
12/11/13 |
|
|
|
Date Charge Registered: |
18/11/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC INVOICE FINANCE (UK) LIMITED; |
||
|
Amount Secured: |
|
||
|
Details: |
CONTAINS FIXED CHARGE.CONTAINS
FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE
COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
12/11/13 |
|
|
|
Date Charge Registered: |
18/11/13 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
KEITH HANSON; |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND AND BUILDINGS AT SEAL SANDS MIDDLEBOROUGH
T/NO'S CE1059,CE77847 AND CE95499CONTAINS FIXED CHARGE.CONTAINS FLOATING
CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE
COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage Type: |
CHATTELS MORTGAGE |
||
|
Date Charge Created: |
21/08/12 |
|
|
|
Date Charge Registered: |
22/08/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LTD AND HSBC
EQUIPMENT FINANCE (UK) LTD |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM FINE
ENVIRONMENTAL SERVICES LTD TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
M24105/H3240 PFAUDLER-BALFOUR, 5M3 GLASS
LINED MILD STEEL HEADER VESSEL MOUNTEDON LOAD CELLS, GROSS1.8 TONNES;M24104/H3230,
PFAUDLER-BALFOUR, 2.27M3 GLASS LINED MILD STEEL HEADER VESSEL MOUNTED ON LOAD
CELLS, GROSS WEIGHT 1.1 TONNES; AND2-TEMPERTAURE CONTROL MODULES (TCM)
COMPRISING COOLING WATER CIRCULATION PUMP SETS WITH PLATE HEAT EXCHANGERS FOR
DETAILS OF ALL OTHER CHATTELS CHARGED, PLEASEREFER TO THE MG01 DOCUMENT) |
||
|
Mortgage Type: |
LEGAL ASSIGNMENT OF CONTRACT MONIES |
||
|
Date Charge Created: |
06/06/12 |
|
|
|
Date Charge Registered: |
08/06/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ANY CREDIT BALANCE DUE TO THE COMPANY UNDER
CONDITION 13 OF THE AGREEMENT FOR THE PURCHASE OF DEBTSAND ANY
DISCOUNTINGALLOWANCE DUE UNDER THE CONTRACT THE BENEFIT OF ALL THE OTHER
PROVISIONS OF THECONTRACT AND ALL SECURITIES IN RESPECT OF THAT CREDIT BALANCE |
||
|
Mortgage Type: |
FIXED CHARGE ON NON-VESTING DEBTS AND
FLOATING CHARGE |
||
|
Date Charge Created: |
12/03/12 |
|
|
|
Date Charge Registered: |
14/03/12 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY
HOLDER) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE
AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
BY WAY OF FIRST FIXED CHARGE ALL DEBTS AND
ALL EXPORT DEBTS PURPORTEDLY ASSIGNED TO THE SECURITY HOLDER PURSUANT TO
THEDEBT PURCHASE AGREEMENT. ALL ASSOCIATEDRIGHTS RELATING TO ANY NON-VESTING
DOMESTIC DEBTS AND NON-VESTING EXPORT DEBTS. BY WAY OF FIRST FIXED CHARGE THE
EXCLUDED PROCEEDS AND BY WAYOF FIRST FLOATING CHARGE ALL PRESENT AND FUTURE
ASSETS UNDERTAKING AND ALL OTHER PROPERTY AND ASSETSSEE IMAGE FOR FULL
DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
06/07/11 |
|
|
|
Date Charge Registered: |
08/07/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
FIXED AND FLOATING CHARGE OVER THE
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING
GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT &
MACHINERY |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
07/11/08 |
|
|
|
Date Charge Registered: |
15/11/08 |
|
|
|
Date Charge Satisfied: |
13/01/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
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 |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
07/11/08 |
|
|
|
Date Charge Registered: |
14/11/08 |
|
|
|
Date Charge Satisfied: |
13/01/12 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND ON THE NORTH WEST BANK OF THE
RIVER TEES AT SEAL SANDS T/NO CE1059 ANDCE77847 |
||
|
Mortgage Type: |
SECURITY AGREEMENT |
||
|
Date Charge Created: |
07/11/08 |
|
|
|
Date Charge Registered: |
13/11/08 |
|
|
|
Date Charge Satisfied: |
20/10/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
INSPEC FINANCE LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND ON THE NORTH WEST BANK OF THE
RIVER TEES AT SEAL SANDS, STOCKTON ON TEES T/NO CE 95499 FIXED AND FLOATING CHARGES
OVER ALL PROPERTY AND ASSETS PRESENTAND FUTURE INCLUDING GOODWILL UNCALLED
CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY, SEE IMAGE FOR FULL
DETAILS |
||
|
Mortgage Type: |
SECURITY AGREEMENT |
||
|
Date Charge Created: |
07/11/08 |
|
|
|
Date Charge Registered: |
13/11/08 |
|
|
|
Date Charge Satisfied: |
20/10/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
INSPEC FINANCE LIMITED |
||
|
Amount Secured: |
|
||
|
Details: |
F/H LAND ON THE NORTH WEST BANK OF THE RIVER
TEES AT SEAL SANDS, STOCKTON ON TEES T/NO CE 1059. F/HLAND ON THE NORTH WEST
BANK OF THE RIVER TEES AT SEAL SANDS, STOCKTON ON TEES T/NO CE 77847 FIXED
AND FLOATING CHARGES OVER ALL PROPERTY AND ASSETS PRESENT AND FUTURE
INCLUDING GOODWILL UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND
MACHINERY SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
SEVENTH SUPPLEMENTAL TRUST DEED |
||
|
Date Charge Created: |
28/11/85 |
|
|
|
Date Charge Registered: |
04/12/85 |
|
|
|
Date Charge Satisfied: |
01/07/94 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
ROYAL EXCHARGE ASSURANCE |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE UNDER THE TERMS OF THE PRINCIPAL TRUST DEED DATED
11/3/53 AND DEEDS SUPPLEMENTAL THERETO |
||
|
Details: |
FLOATING CHARGE OVER UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
06/09/84 |
|
|
|
Date Charge Registered: |
07/09/84 |
|
|
|
Date Charge Satisfied: |
07/09/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
MORACREST INVESTMENTS LIMITED |
||
|
Amount Secured: |
£50,000 AND ALL OTHER MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
F/HOLD PROPERTY AT SEAL SANDS ON THE RIVER
TEES STOCKTON ON TEES CLEVELAND TITLE NO CE 1059 TOGETHERWITH ALL
BUILDINGSTHEREON TOGETHER WITH THE FIXTURES |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
06/09/84 |
|
|
|
Date Charge Registered: |
07/09/84 |
|
|
|
Date Charge Satisfied: |
07/09/84 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
EQUITY CAPITAL OF INDUSTRY LIMITED. |
||
|
Amount Secured: |
£50,000 AND ALL OTHER MONEYS DUE OR TO BECOME
DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
F/HOLD PROPERTY AT SEAL SANDS ON THE RIVER
TEES STOCKTON ON TEES CLEVELAND BEING PART OF PROPERTY TITLE NO CE 1059 AND
TOGETHER WITH ALL BUILDINGS FIXTURES WHATSOEVER NOW OR AT ANY TIME HEREAFTER AFFIXED
OR ATTACHED TO THE PROPERTY OR ANY PART THEREOF OTHER THAN TRADE MACHINERY AA
DEFINED BY SECTION5 OF THE BILLS OF SALE ACT 1878. TOGETHER WITH FIXED AND
MOVEABLE PLANTMACHINERY FIXTURES IMPLEMENTS AND UTENSILS |
||
|
Mortgage Type: |
FIXED AND FLOATING CHARGE |
||
|
Date Charge Created: |
12/06/81 |
|
|
|
Date Charge Registered: |
19/06/81 |
|
|
|
Date Charge Satisfied: |
19/06/81 |
|
|
|
Status: |
SATISFIED |
|
|
|
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 & FLOATING CHARGE UNDERTAKING
ANDALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING BOOK DEBTS & OTHER
DEBTS UNCALLED CAPITAL. |
||
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 |
1 |
£2,090 |
|
|
Company Name |
Amount |
Statement Date |
|
|
John W Hills Racing Ltd |
£2,090 |
23/09/2014 |
|
Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Kenneth Joseph Minton |
2 |
54 |
|
John Derek Law |
53 |
88 |
|
Christopher Ernest Beasley |
123 |
187 |
|
Christopher Ernest Beasley |
123 |
187 |
|
John Lambert Hamilton |
11 |
44 |
|
Arthur Jackson |
0 |
1 |
|
Peter Robert Charles Rodger |
10 |
54 |
|
Robert Taylor |
1 |
7 |
|
John Allan Brown |
28 |
66 |
|
Nicholas Handran Smith |
31 |
112 |
|
Nicholas Handran Smith |
31 |
112 |
|
Andrew James Scull |
20 |
179 |
|
Judith Twentyman |
7 |
39 |
|
Alexander Mclennan Anderson |
2 |
3 |
|
Donald Charles Mackenzie Andrews |
26 |
35 |
|
Geneva Angela Stapleton |
41 |
6 |
|
Andrew John Savage |
8 |
40 |
|
Clive Taunton Rankin |
12 |
14 |
|
Nigel MacLeod |
15 |
12 |
|
Amanda Whalley |
58 |
441 |
|
Matthias Kittler |
3 |
1 |
|
Keith Hanson |
1 |
7 |
|
Michael Craig Morgan |
0 |
10 |
|
Kevin Russon |
0 |
10 |
|
Kevin Russon |
0 |
10 |
|
Steven Leslie Catchpole |
0 |
9 |
|
Average Invoice Value |
£1005.08 |
|
|
Invoices available |
1750 |
|
|
Paid |
1651 |
|
|
Outstanding |
99 |
|
|
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 |
795 |
645 |
159 |
50 |
2 |
|
Outstanding |
77 |
5 |
0 |
0 |
17 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
ANK |
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.