MIRA INFORM REPORT

Report No. :	335130
Report Date :	07.08.2015

IDENTIFICATION DETAILS

Name :	CIRCUIT ENGINEERING MARKETING COMPANY LIMITED

Registered Office :	Old Lime Works Kiln Lane, Buriton, Petersfield

Country :	United Kingdom

Financials (as on) :	31.12.2014

Date of Incorporation :	05.06.1980

Com. Reg. No.:	01500012

Legal Form :	Private Limited with Share Capital

Line of Business :	· Manufacture of Other General-Purpose Machinery n.e.c. · Development, manufacture and marketing of equipment for the printed circuit board industry.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

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 – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

United Kingdom

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. 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. In 2008, 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. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. 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 20% by 2015. However, the deficit still remains one of the highest in the G7, standing at 5.8% in 2013. The Bank of England (BoE) implemented an asset purchase program of 375 billion (approximately $586 billion) as of December 2014. 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 1.8%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

Source : CIA

Company Name and address

Company Name: CIRCUIT ENGINEERING MARKETING COMPANY LIMITED

Company No: 01500012

Company Status: Active - Accounts Filed

Registered Address: OLD LIME WORKS KILN LANE BURITON PETERSFIELD

Company Summary

Registered Address OLD LIME WORKS KILN LANE, BURITON, PETERSFIELD

Trading Address Old Lime Works Kiln Lane, Buriton, Petersfield, Hampshire

Website Address http://www.cemco.com

Telephone Number -

Fax Number -

TPS -

FPS No

Incorporation Date 05/06/1980

Previous Name -

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 03/07/2015

Currency GBP

Share Capital £25,000

SIC07 28290

Charity Number -

SIC07 Description MANUFACTURE OF OTHER GENERAL-PURPOSE MACHINERY N.E.C.

Principal Activity Development, manufacture and marketing of equipment for the printed circuit board industry.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2014 - - £3,145,684 -

31/12/2013 - - £3,640,792 -

31/12/2012 - - £2,921,977 -

Mortgage Summary

Total Mortgage 12

Outstanding 1

Satisfied 11

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Small company in respect of the rating/limit generated.

This company has made late payments on a medium percentage of invoices.

The latest Balance Sheet indicates a very positive net working capital position.

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

There has been a reduction in shareholders funds compared with the previous balance sheet.

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	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5

Current Directors

Name	Peter Phillip Andrew Lymn	Date of Birth	22/10/1950
Officers Title	Mr	Nationality	British
Present Appointments	9	Function	Director
Appointment Date	31/12/1991
Address	Limeworks Cottage, Kiln Lane, Buriton, Petersfield, Hampshire, GU31 5SJ

Name	Paul William Watson	Date of Birth	27/02/1953
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	19/11/1993
Address	48 Westley Grove, Fareham, Hampshire, PO14 1HW

Current Company Secretary

Name	Famie Christine Hodell	Date of Birth	02/01/1956
Officers Title		Nationality	British
Present Appointments	12	Function	Company Secretary
Appointment Date	28/11/2006
Address	Limeworks Cottages, Kiln Lane, Buriton, Hampshire, GU31 5SH

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
PETER PHILLIP ANDREW LYMN	GBP	25,000	ORDINARY	1	100

Financials

Profit & Loss

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Depreciation	£51,091	3.7%	£49,252	29.2%	£38,111	101.1%	£18,952	110.2%	£9,017
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Tangible Assets	£852,777	-3.5%	£884,030	4.9%	£842,442	-3.5%	£872,676	999.9%	£16,053
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Intangible Assets	£13,403	-5.5%	£14,176	42.4%	£9,953	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Fixed Assets	£866,180	-3.6%	£898,206	5.4%	£852,395	-2.3%	£872,676	999.9%	£16,053
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Stock	£713,929	12.1%	£636,734	-4.3%	£665,034	27.5%	£521,436	-43.2%	£917,689
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Trade Debtors	£269,399	-19%	£332,481	-21.9%	£425,812	-58.4%	£1,024,312	65.4%	£619,315
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Cash	£1,674,783	-27.8%	£2,319,951	5.4%	£2,201,510	65.6%	£1,329,465	148.8%	£534,328
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-100%	£5,000
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Current Assets	£2,658,111	-19.2%	£3,289,166	-0.1%	£3,292,356	14.5%	£2,875,213	38.5%	£2,076,332
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Trade Creditors	£378,607	-30.7%	£546,580	-55.3%	£1,222,774	86.1%	£657,142	22.3%	£537,318
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Current Liabilities	£378,607	-30.7%	£546,580	-55.3%	£1,222,774	86.1%	£657,142	22.3%	£537,318
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Called Up Share Capital	£25,000	-	£25,000	-	£25,000	-	£25,000	-	£25,000
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	P & L Account Reserve	£3,120,684	-13.7%	£3,615,792	24.8%	£2,896,977	-5.5%	£3,065,747	100.4%	£1,530,067
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Shareholder Funds	£3,145,684	-13.6%	£3,640,792	24.6%	£2,921,977	-5.5%	£3,090,747	98.8%	£1,555,067

Other Financial Items

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Net Worth	£3,132,281	-13.6%	£3,626,616	24.5%	£2,912,024	-5.8%	£3,090,747	98.8%	£1,555,067
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Working Capital	£2,279,504	-16.9%	£2,742,586	32.5%	£2,069,582	-6.7%	£2,218,071	44.1%	£1,539,014
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Assets	£3,524,291	-15.8%	£4,187,372	1%	£4,144,751	10.6%	£3,747,889	79.1%	£2,092,385
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Liabilities	£378,607	-30.7%	£546,580	-55.3%	£1,222,774	86.1%	£657,142	22.3%	£537,318
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Net Assets	£3,145,684	-13.6%	£3,640,792	24.6%	£2,921,977	-5.5%	£3,090,747	98.8%	£1,555,067

Cash Flow

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Capital Employed	£3,145,684	-13.6%	£3,640,792	24.6%	£2,921,977	-5.5%	£3,090,747	98.8%	£1,555,067
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants	MENZIES LLP
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	LLOYDS TSB BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Current ratio	7.02	6.02	2.69	4.38	3.86
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Equity in %	89.60	87.20	70.70	82.50	74.30
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	5.13	4.85	2.14	3.58	2.15
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.12	0.15	0.41	0.21	0.34
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.12	0.15	0.41	0.21	0.34
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\CIRCUIT ENGINEERING MARKETING COMPANY LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
12/07/2015	New Accounts Filed
06/03/2015	Mr K.W. Bishop has left the board
09/01/2015	Annual Returns
28/07/2014	New Accounts Filed
14/01/2014	Annual Returns
19/08/2013	New Accounts Filed
24/12/2012	Annual Returns
13/10/2012	New Accounts Filed
13/10/2012	New Accounts Filed
21/01/2012	Annual Returns
08/11/2011	Change in Reg.Office
08/10/2011	New Accounts Filed
08/10/2011	New Accounts Filed
30/12/2010	Annual Returns
27/12/2010	Change in Reg.Office

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	2 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	CIRCUIT ENGINEERING MARKETING COMPANY LIMITED
Ownership Status	Ultimately Owned
Ultimate Holding Company	CIRCUIT ENGINEERING MARKETING COMPANY LIMITED

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
CIRCUIT ENGINEERING MARK...	01500012	31.12.2014	N
CIRCUIT ENGINEERING(N....	00999279	31.12.2014	N

Mortgage Details

Mortgage Type:	DEED OF CHARGE OVER CREDIT BALANCES
Date Charge Created:	27/09/05
Date Charge Registered:	06/10/05
Date Charge Satisfied:	-
Status:	OUTSTANDING
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:	CHARGED ACCOUNTS BEING BARCLAYS BANK PLC RE CIRCUIT ENGINEERING MARKETING COMPANY LIMITED BUSINESSPREMIUM ACCOUNT NUMBER 00325120 THE CHARGE CREATES A FIXED CHARGE OVERALL THE DEPOSIT(S) REFERRED TOIN THE SCHEDULE TO THE FORM 395 (INCLUDING ALL OR ANY PART OF THE MONEY PAYABLE PURSUANTTO SUCH DEPOSIT(S) AND THE DEBTS REPRESENTED THEREBY) TOGETHER WITH ALL INTEREST FROM TIME TO TIME ACCRUING THEREON IT ALSO CREATES AN ASSIGNMENT BY THE CHARGOR FOR THE PURPOSES OF AND TO GIVE EFFECTTO THE SECURITY OVER THE RIGHT OF THE CHARGOR TO REQUIRE REPAYMENT OF SUCH DEPOSIT(S) AND INTEREST THEREON
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	29/04/02
Date Charge Registered:	07/05/02
Date Charge Satisfied:	09/10/12
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:
Details:	THE PROPERTY K/A UNIT 1 SILVERTHORNE WAY, WATERLOOVILLE, HAMPSHIRE, T/N HP259657

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	21/06/96
Date Charge Registered:	25/06/96
Date Charge Satisfied:	09/10/12
Status:	SATISFIED
Person(s) Entitled:	WEST BROMWICH BUILDING SOCIETY
Amount Secured:
Details:	ALL THAT F/H PROPERTY SITUATE AND K/A UNIT 1 SILVERTONE WAY WATERLOOVILLE HANTSCOMPRISING TITLE HP 259657 AND ALL BUILDINGS FIXTURES FIXED PLANT AND MACHINERYSEE THE MORTGAGE CHARGE DOCUMENT FOR FULLDETAILS
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	21/06/96
Date Charge Registered:	25/06/96
Date Charge Satisfied:	09/10/12
Status:	SATISFIED
Person(s) Entitled:	WEST BROMWICH BUILDING SOCIETY
Amount Secured:
Details:	ALL THE UNDERTAKING PROPERTY AND ASSETSOF THE BORROWER PRESENT AND FUTURE

Mortgage Type:	DEPOSIT AGREEMENT TO SECURE OWN LIABILITIES
Date Charge Created:	14/01/93
Date Charge Registered:	04/02/93
Date Charge Satisfied:	06/12/94
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL SUCH RIGHTS TO THE REPAYMENT OF THEDEPOSIT AS THE COMPANY THEN HAD UNDER THE TERMS UPON WHICH THE DEPOSIT WAS MADEAND THE PROVISIONS CONTAINED IN THE AGREEMENT (SEE RELEVANT FORM 395 FOR FULL DETAILS)
Mortgage Type:	A CREDIT APPLICATION
Date Charge Created:	16/07/90
Date Charge Registered:	28/07/90
Date Charge Satisfied:	25/05/02
Status:	SATISFIED
Person(s) Entitled:	CLOSE BROTHERS LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF A CREDIT APPLICATION DATED 16/7/90
Details:	ALL ITS RIGHT TITLE AND INTEREST ON ANDTO ALL SUMS PAYABLE (INCLUDING BY WAY OF REFUND) UNDER THE INSURANCE PARTICULARS WHEREOF ARE SET OUT BELOW AS FROM TIMETO TIME VARIED OR EXTENDED AND THEBENEFITOF ALL POWERS AND REMEDIES FORCANCELLING AND/OR EXFORCING THE SAME( SEE FORM 395 FOR FULL DETAILS OFPOLICIES)

Mortgage Type:	MORTGAGE
Date Charge Created:	18/01/89
Date Charge Registered:	19/01/89
Date Charge Satisfied:	25/05/02
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	1 & 2 SILVERTHORNE WAY, BRAMBLES WATERLOOVILLE, HANTS
Mortgage Type:	DEBENTURE
Date Charge Created:	18/01/89
Date Charge Registered:	19/01/89
Date Charge Satisfied:	11/01/00
Status:	SATISFIED
Person(s) Entitled:	LLOYDS 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:	GUARANTEE & DEBENTURE
Date Charge Created:	22/05/85
Date Charge Registered:	10/06/85
Date Charge Satisfied:	10/06/85
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR CEMCO SERVICES LIMITED TO THE CHARGEE ON ANYACCOUNT 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:	LEGAL CHARGE
Date Charge Created:	28/09/84
Date Charge Registered:	10/10/84
Date Charge Satisfied:	10/10/84
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:	F/HOLD WINSERS BUILDING KILN LANE BURITON PETERSFIELD HAMPSHIRE.

Mortgage Type:	FIRST FIXED CHARGE
Date Charge Created:	11/09/84
Date Charge Registered:	14/09/84
Date Charge Satisfied:	14/09/84
Status:	SATISFIED
Person(s) Entitled:	ALEX. LAWRIE RECEIVABLES FINANCING LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	FIXED CHARGE OVER ALL BOOKDEBTS PRESENTAND FUTURE SEE DOC M15 FOR FULL DETAILS.
Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	06/04/83
Date Charge Registered:	11/04/83
Date Charge Satisfied:	11/04/83
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR CIRCUIT ENGINEERING (N.D.R.) LIMITED TO THECHARGEE 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

Previous Director/Company Secretaries

Name		Current Directorships	Previous Directorships
Janet Elizabeth Morge		3	4
Helen Mary Lymn		0	5
Michael William Wareham		1	1
Kenneth Ward Bishop		0	1
Barry Arnold Matthews		0	3
Average Invoice Value	Ł117.27
Invoices available	58
Paid	49
Outstanding	9

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	28	7	5	9	0
Outstanding	1	8	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.76
UK Pound	1	Rs.99.60
Euro	1	Rs.69.71

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	NIT

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

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

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

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

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.