MIRA INFORM REPORT
|
Report No. : |
338556 |
|
Report Date : |
28.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
MOUNTAIN WAREHOUSE LIMITED |
|
|
|
|
Formerly Known As : |
BECAUSE IT'S THERE LIMITED |
|
|
|
|
Registered Office : |
3 Eccleston Street, London, Sw1w 9lx |
|
|
|
|
Country : |
United
Kingdom |
|
|
|
|
Financials (as on) : |
28.02.2015 |
|
|
|
|
Date of Incorporation : |
11.08.1997 |
|
|
|
|
Com. Reg. No.: |
03417738 |
|
|
|
|
Legal Form : |
Private Limited With Share Capital |
|
|
|
|
Line of Business : |
Retail Sale of Clothing in Specialized Stores |
|
|
|
|
No. of Employees : |
1461 [2015] |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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. 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 has been a net importer of energy since 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 6.0% in 2014.
In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.
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).
|
Source
: CIA |
Company
summary
|
Registered Address |
3 Eccleston Street |
Trading Address |
10 Ely Court |
|
Website Address |
http://www.mountainwarehouse.com |
Company Number |
03417738 |
|
Telephone Number |
02078084600 |
Incorporation Date |
11/08/1997 |
|
TPS |
No |
FPS |
No |
|
Previous Name |
BECAUSE IT'S THERE LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
03/12/2001 |
Filing Date of
Accounts |
14/07/2015 |
|
Currency |
GBP |
Share Capital |
£1,360,000 |
|
SIC07 |
47710 |
Charity Number |
-- |
|
SIC07 Description |
Retail Sale of Clothing in Specialized Stores |
Principal Activity |
A group engaged in retailing of clothing and equipment for outdoor pursuits. |
Key
Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31/03/2015 |
£109,894,000 |
£11,961,000 |
£37,264,000 |
1461 |
|
31/03/2014 |
£91,720,000 |
£9,660,000 |
£27,315,000 |
1264 |
|
31/03/2013 |
£75,009,933 |
£7,578,100 |
£18,589,788 |
1210 |
Mortgage
summary
Total Mortgage 16
Outstanding 7
Satisfied 9
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 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 higher level of corporate
failures. |
Current
Directors
|
Name |
Mark Robert Neale |
Date of Birth |
27/12/1967 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
13 |
Function |
Director |
|
Appointment Date |
05/11/1997 |
||
|
Address |
3 Eccleston Street, London, SW1W 9LX |
||
|
Name |
Marcus David Ward |
Date of Birth |
18/12/1971 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
8 |
Function |
Director |
|
Appointment Date |
01/09/2007 |
||
|
Address |
3 Eccleston Street, London, SW1W 9LX |
||
|
Name |
Carl Deering |
Date of Birth |
10/03/1962 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
5 |
Function |
Director |
|
Appointment Date |
10/07/2007 |
||
|
Address |
3 Eccleston Street, London, SW1W 9LX |
||
|
Name |
Shantelle Augier |
Date of Birth |
09/10/1976 |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
5 |
Function |
Director |
|
Appointment Date |
10/07/2007 |
||
|
Address |
3 Eccleston Street, London, SW1W 9LX |
||
Current Company Secretary
|
Name |
Elaine Fitzpatrick |
Date of Birth |
- |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
01/04/2014 |
||
|
Address |
3 Eccleston Street, London, SW1W 9LX |
||
Top
20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
MOUNTAIN WAREHOUSE HOLDINGS LTD |
GBP |
1,360,000 |
ORDINARY |
1 |
100 |
Profit
& loss
|
Date Of Accounts |
28/02/15 |
(%) |
28/02/14 |
(%) |
28/02/13 |
(%) |
29/02/12 |
(%) |
27/02/11 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated
A/cs |
Y |
(%) |
Y |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£109,894,000 |
19.8% |
£91,720,000 |
22.3% |
£75,009,933 |
17.8% |
£63,694,584 |
2.9% |
£61,926,022 |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Cost of Sales |
£46,147,000 |
20.8% |
£38,196,000 |
40.6% |
£27,169,866 |
15.1% |
£23,610,519 |
5.2% |
£22,448,138 |
|
|
Gross Profit |
£63,747,000 |
19.1% |
£53,524,000 |
11.9% |
£47,840,067 |
19.3% |
£40,084,065 |
1.5% |
£39,477,884 |
|
|
Wages & Salaries |
£18,942,000 |
23.9% |
£15,292,000 |
18.8% |
£12,876,748 |
21.3% |
£10,618,063 |
16.1% |
£9,142,296 |
|
|
Directors Emoluments |
£559,000 |
11.8% |
£500,000 |
7.5% |
£465,270 |
-14.5% |
£544,179 |
3.7% |
£524,700 |
|
|
Operating Profit |
£12,036,000 |
23.9% |
£9,712,000 |
27.2% |
£7,634,045 |
73.6% |
£4,397,565 |
-51.5% |
£9,066,780 |
|
|
Depreciation |
£3,070,000 |
19.5% |
£2,568,000 |
6.1% |
£2,420,763 |
9.6% |
£2,209,157 |
34.3% |
£1,645,413 |
|
|
Audit Fees |
£16,000 |
- |
£16,000 |
6.7% |
£15,000 |
- |
£15,000 |
- |
£15,000 |
|
|
Interest Payments |
£75,000 |
44.2% |
£52,000 |
-23.5% |
£68,000 |
7.5% |
£63,284 |
878.9% |
£6,465 |
|
|
Pre Tax Profit |
£11,961,000 |
23.8% |
£9,660,000 |
27.5% |
£7,578,100 |
74.5% |
£4,343,494 |
-52.1% |
£9,071,627 |
|
|
Taxation |
-£2,085,000 |
-33.1% |
-£1,567,000 |
-27.8% |
-£1,226,303 |
-90.8% |
-£642,557 |
70.9% |
-£2,205,684 |
|
|
Profit After Tax |
£9,876,000 |
22% |
£8,093,000 |
27.4% |
£6,351,797 |
71.6% |
£3,700,937 |
-46.1% |
£6,865,943 |
|
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
£9,876,000 |
22% |
£8,093,000 |
27.4% |
£6,351,797 |
71.6% |
£3,700,937 |
-46.1% |
£6,865,943 |
Balance
sheet
|
Date Of Accounts |
28/02/15 |
(%) |
28/02/14 |
(%) |
28/02/13 |
(%) |
29/02/12 |
(%) |
27/02/11 |
|
|
|
Tangible Assets |
£10,638,000 |
44.6% |
£7,356,000 |
20.2% |
£6,117,258 |
-7.2% |
£6,590,386 |
3.8% |
£6,351,181 |
|
|
Intangible Assets |
£72,000 |
50% |
£48,000 |
155.9% |
£18,755 |
25.3% |
£14,973 |
299.3% |
£3,750 |
|
|
Total Fixed Assets |
£10,710,000 |
44.7% |
£7,404,000 |
20.7% |
£6,136,013 |
-7.1% |
£6,605,359 |
3.9% |
£6,354,931 |
|
|
Stock |
£23,508,000 |
40.3% |
£16,754,000 |
12.4% |
£14,908,784 |
3.9% |
£14,342,770 |
18.8% |
£12,075,513 |
|
|
Trade Debtors |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Cash |
£3,328,000 |
-55.5% |
£7,474,000 |
-10.5% |
£8,347,717 |
-7.5% |
£9,027,427 |
-1.1% |
£9,125,234 |
|
|
Other Debtors |
£24,535,000 |
1.9% |
£24,066,000 |
92.2% |
£12,520,242 |
46.3% |
£8,557,614 |
85.6% |
£4,610,203 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£51,371,000 |
6.4% |
£48,294,000 |
35% |
£35,776,743 |
12.1% |
£31,927,811 |
23.7% |
£25,810,950 |
|
|
Trade Creditors |
£3,913,000 |
273.7% |
£1,047,000 |
-61.6% |
£2,726,164 |
-54.5% |
£5,990,784 |
152.6% |
£2,371,358 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
£12,920,000 |
-21.2% |
£16,396,000 |
43.8% |
£11,400,933 |
0.3% |
£11,362,106 |
2.2% |
£11,122,534 |
|
|
Miscellaneous Current Liabilities |
£5,927,000 |
-25.1% |
£7,914,000 |
22.5% |
£6,460,342 |
25.2% |
£5,158,988 |
-30% |
£7,368,855 |
|
|
Total Current Liabilities |
£22,760,000 |
-10.2% |
£25,357,000 |
23.2% |
£20,587,439 |
-8.5% |
£22,511,878 |
7.9% |
£20,862,747 |
|
|
Bank Loans & Overdrafts and LTL |
£2,057,000 |
-32% |
£3,026,000 |
10.6% |
£2,735,529 |
-27.7% |
£3,783,301 |
36.8% |
£2,766,080 |
|
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Long Term Liabilities |
£2,057,000 |
-32% |
£3,026,000 |
10.6% |
£2,735,529 |
-27.7% |
£3,783,301 |
36.8% |
£2,766,080 |
Capital
& reserves
|
Date Of Accounts |
28/02/15 |
(%) |
28/02/14 |
(%) |
28/02/13 |
(%) |
29/02/12 |
(%) |
27/02/11 |
|
|
|
Called Up Share Capital |
£1,360,000 |
- |
£1,360,000 |
- |
£1,360,000 |
- |
£1,360,000 |
- |
£1,360,000 |
|
|
P & L Account Reserve |
£35,904,000 |
38.3% |
£25,955,000 |
50.6% |
£17,229,788 |
58.4% |
£10,877,991 |
51.6% |
£7,177,054 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
£37,264,000 |
36.4% |
£27,315,000 |
46.9% |
£18,589,788 |
51.9% |
£12,237,991 |
43.4% |
£8,537,054 |
Other
financial items
|
Date Of Accounts |
28/02/15 |
(%) |
28/02/14 |
(%) |
28/02/13 |
(%) |
29/02/12 |
(%) |
27/02/11 |
|
|
|
Net Worth |
£37,192,000 |
36.4% |
£27,267,000 |
46.8% |
£18,571,033 |
51.9% |
£12,223,018 |
43.2% |
£8,533,304 |
|
|
Working Capital |
£28,611,000 |
24.7% |
£22,937,000 |
51% |
£15,189,304 |
61.3% |
£9,415,933 |
90.3% |
£4,948,203 |
|
|
Total Assets |
£62,081,000 |
11.5% |
£55,698,000 |
32.9% |
£41,912,756 |
8.8% |
£38,533,170 |
19.8% |
£32,165,881 |
|
|
Total Liabilities |
£24,817,000 |
-12.6% |
£28,383,000 |
21.7% |
£23,322,968 |
-11.3% |
£26,295,179 |
11.3% |
£23,628,827 |
|
|
Net Assets |
£37,264,000 |
36.4% |
£27,315,000 |
46.9% |
£18,589,788 |
51.9% |
£12,237,991 |
43.4% |
£8,537,054 |
Miscellaneous
|
Date Of Accounts |
28/02/15 |
(%) |
28/02/14 |
(%) |
28/02/13 |
(%) |
29/02/12 |
(%) |
27/02/11 |
|
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
|
|
Capital Employed |
£39,321,000 |
29.6% |
£30,341,000 |
42.3% |
£21,325,317 |
33.1% |
£16,021,292 |
41.7% |
£11,303,134 |
|
|
Number of Employees |
1461 |
15.6% |
1264 |
4.5% |
1210 |
9.8% |
1102 |
18.8% |
928 |
|
Accountants |
||||||||||
|
Auditors |
KPMG LLP |
|||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
|||||||||
|
Bankers |
BARCLAYS BANK PLC |
|||||||||
|
Bank Branch Code |
||||||||||
Ratios
|
Date Of Accounts |
28/02/15 |
28/02/14 |
28/02/13 |
29/02/12 |
27/02/11 |
|
|
|
Pre-tax profit margin % |
10.88 |
10.53 |
10.10 |
6.82 |
14.65 |
|
|
Current ratio |
2.26 |
1.90 |
1.74 |
1.42 |
1.24 |
|
|
Sales/Net Working Capital |
3.84 |
4 |
4.94 |
6.76 |
12.51 |
|
|
Gearing % |
5.50 |
11.10 |
14.70 |
30.90 |
32.40 |
|
|
Equity in % |
60.10 |
49.10 |
44.40 |
31.80 |
26.50 |
|
|
Creditor Days |
12.96 |
4.15 |
13.22 |
34.23 |
13.93 |
|
|
Debtor Days |
- |
- |
- |
- |
- |
|
|
Liquidity/Acid Test |
1.22 |
1.24 |
1.01 |
0.78 |
0.65 |
|
|
Return On Capital Employed % |
30.41 |
31.83 |
35.53 |
27.11 |
80.25 |
|
|
Return On Total Assets Employed % |
19.26 |
17.34 |
18.08 |
11.27 |
28.20 |
|
|
Current Debt Ratio |
0.61 |
0.92 |
1.10 |
1.83 |
2.44 |
|
|
Total Debt Ratio |
0.66 |
1.03 |
1.25 |
2.14 |
2.76 |
|
|
Stock Turnover Ratio % |
21.39 |
18.26 |
19.87 |
22.51 |
19.49 |
|
|
Return on Net Assets Employed % |
32.09 |
35.36 |
40.76 |
35.49 |
106.26 |
Report
notes
There are no notes to display.
Status
history
No status history found.
Event
history
|
Date |
Description |
|
26/08/2015 |
Annual Returns |
|
22/07/2015 |
New Accounts Filed |
|
22/07/2015 |
New Accounts Filed |
|
19/08/2014 |
Annual Returns |
|
21/07/2014 |
New Accounts Filed |
|
24/04/2014 |
Miss J.A. Stinson has resigned as company secretary |
|
24/04/2014 |
New Company Secretary Ms E. Fitzpatrick appointed |
|
13/11/2013 |
New Accounts Filed |
|
10/09/2013 |
Annual Returns |
|
16/10/2012 |
New Accounts Filed |
|
21/08/2012 |
Annual Returns |
|
08/10/2011 |
Annual Returns |
|
13/07/2011 |
New Accounts Filed |
|
13/07/2011 |
New Accounts Filed |
|
06/10/2010 |
Annual Returns |
Previous
company names
|
Date |
Previous Name |
|
03/12/2001 |
BECAUSE IT'S THERE LIMITED |
|
07/11/1997 |
HAMSARD ONE THOUSAND AND FIFTY FIVE LIMITED |
Statistics
|
Group |
9 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding Company |
MOUNTAIN WAREHOUSE HOLDINGS LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
MOUNTAIN WAREHOUSE INTERNATIONAL LIMITED |
Group
Structure Full
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
08729050 |
28.02.2015 |
Y |
£109,894,000 |
|
|
08729064 |
28.02.2015 |
N |
|
|
|
08729470 |
28.02.2015 |
N |
|
|
|
07218508 |
28.02.2015 |
N |
|
|
|
07289395 |
28.02.2014 |
N |
|
|
|
06240297 |
28.02.2015 |
N |
|
|
|
04425373 |
28.02.2015 |
N |
|
|
|
03417738 |
28.02.2015 |
Y |
£109,894,000 |
|
|
09473093 |
- |
N |
Mortgage
details
|
Mortgage Type: |
|||
|
Date Charge Created: |
29/04/15 |
||
|
Date Charge Registered: |
07/05/15 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND PLC; |
||
|
Amount Secured: |
|||
|
Details: |
THE PROPERTY T/NO HD108673 BEING THE F/H LAND AT 29 HIGH STREET,
HARPENDENTRADEMARK NAMES "MOUNTAIN WAREHOUSE" WITH APPLICATION
NUMBERS 3014610, 011976628 AND 2699265 AND "ISOGRIP" WITH
APPLICATUION NUMNER 011976669CONTAINS FIXED CHARGE.CONTAINS FLOATING
CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OFTHE
COMPANY.CONTAINS NEGATIVE PLEDGE. |
||
|
|
|
||
|
Mortgage Type: |
|||
|
Date Charge Created: |
30/10/13 |
||
|
Date Charge Registered: |
04/11/13 |
||
|
Date Charge Satisfied: |
20/05/15 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND PLC; |
||
|
Amount Secured: |
|||
|
Details: |
SER/REG/APP NO.3014610 COUNTRY/AREA UNITED KINGDOM,SER/REG/APP NO.
009699489 COUNTRY/AREA COMMUNITY,SER/REG/APP NO.009699398 COUNTRY/AREA
COMMUNITY (FOR FURTHER DETAILS OF TRADE MARKS PLEASE REFER TOFORM MR01) SEE
IMAGE FOR FULL DETAILSCONTAINS 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: |
COMPOSITE GUARANTEE AND DEBENTURE |
||
|
Date Charge Created: |
13/08/10 |
||
|
Date Charge Registered: |
13/11/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
KCAJ LLP; |
||
|
Amount Secured: |
|||
|
Details: |
FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL,
BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
SECURITY AGREEMENT |
||
|
Date Charge Created: |
13/08/10 |
||
|
Date Charge Registered: |
13/11/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND PLC AS SECURITY AGENT; |
||
|
Amount Secured: |
|||
|
Details: |
FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL,
BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY SEE IMAGEFOR FULL DETAILS |
||
|
Mortgage Type: |
COMPOSITE GUARANTEE AND DEBENTURE |
||
|
Date Charge Created: |
13/08/10 |
||
|
Date Charge Registered: |
13/11/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
LLOYDS TSB DEVELOPMENT CAPITAL LIMITED; |
||
|
Amount Secured: |
|||
|
Details: |
FIXED AND FLOATING CHARGE OVER ALL PROPERTY AND ASSETS PRESENT AND
FUTURE, INCLUDING GOODWILL, UNCALLED CAPITAL, BUILDINGS, FIXTURES, PLANT
& MACHINERY SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
DEED OF CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
05/01/10 |
||
|
Date Charge Registered: |
14/01/10 |
||
|
Date Charge Satisfied: |
17/08/10 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
|||
|
Details: |
THE CHARGE CREATES A FIXED CHARGE OVER ALL THE DEPOSIT(S) REFERRED TO
IN THE SCHEDULE TO THE FORM MG01 (INCLUDING ALL OR ANY PART OF THE MONEY
PAYABLE PURSUANTTO SUCH DEPOSIT(S) & THE DEBTS REPRESENTED THEREBY) TOGETHER
WITH ALL INTEREST FROM TIME TO TIME ACCRUING THEREON. IT ALSO CREATES AN
ASSIGNMENT BY THE CHARGORFOR THE PURPOSES OF & TO GIVE EFFECT TOTHE
SECURITY OVER THE RIGHT OF THE CHARGORTO REQUIRE REPAYMENT OF SUCH DEPOSIT(S)
& INTEREST THEREONBARCLAYS BANK PLC RE MOUNTAIN WAREHOUSE LIMITED US
DOLLAR BUSINESS PREMIUM ACCOUNT AC/NO 83366977 |
||
|
Mortgage Type: |
TRUST DEED |
||
|
Date Charge Created: |
08/09/08 |
||
|
Date Charge Registered: |
16/09/08 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
BMG (ASHFORD) 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: |
INTEREST IN THE INTEREST EARNING DEPOSIT. INITIAL DEPOSIT OF
£19,032.06 SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
10/07/07 |
||
|
Date Charge Registered: |
26/07/07 |
||
|
Date Charge Satisfied: |
17/08/10 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
KAUPTHING SINGER & FRIEDLANDER LIMITED (SECURITY TRUSTEE FOR THE
SECURED PARTIES |
||
|
Amount Secured: |
|||
|
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: |
ASSIGNMENT |
||
|
Date Charge Created: |
10/07/07 |
||
|
Date Charge Registered: |
23/07/07 |
||
|
Date Charge Satisfied: |
17/08/10 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
KAUPTHING SINGER & FRIEDLANDER LIMITED SECURITY TRUSTEE FOR THE
SECURED PARTIES 'SECURITYTRUSTE |
||
|
Amount Secured: |
|||
|
Details: |
THE BENEFIT OF THE KEYMAN POLICY TOGETHER WITH ALL MONIES, INCLUDING
BONUSES. INSURER:SCOTTISH EQUITABLE POLICY NO:LO196973220V LIFE INSURED:MARK
ROBERT NEALE SUM ASSURED:£750,000 DATE OF POLICY:16 AUGUST 2002 |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
11/04/05 |
||
|
Date Charge Registered: |
14/04/05 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
THE MASTER FELLOWS AND SCHOLARS OF THE HOLY AND UNDIVIDED TRINITY WITHIN
THE TOWN ANDUNIVERSITY |
||
|
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: |
£10,000 AND THE SUM FROM TIME TO TIME STANDING IN A DEPOSIT ACCOUNT |
||
|
Mortgage Type: |
GUARANTE AND DEBENTURE |
||
|
Date Charge Created: |
16/08/02 |
||
|
Date Charge Registered: |
22/08/02 |
||
|
Date Charge Satisfied: |
13/07/07 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND ALL THE OTHER
COMPANIES TOTHE CHARGEE |
||
|
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: |
DEED OF RENT DEPOSIT |
||
|
Date Charge Created: |
18/06/02 |
||
|
Date Charge Registered: |
01/07/02 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
LAMINPARK LTD AND LAMINGLADE LTD |
||
|
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 SUM OF £36,718.75 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL
DETAILS |
||
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
26/09/01 |
||
|
Date Charge Registered: |
28/09/01 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
THE BERKELEY FESTIVAL WATERFRONT COMPANY LIMITED |
||
|
Amount Secured: |
£24,362.50 DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
UNIT 29 GUNWHARF QUAYS PORTSMOUTH HAMPSHIRE |
||
|
Mortgage Type: |
TRUST DEED |
||
|
Date Charge Created: |
24/10/00 |
||
|
Date Charge Registered: |
11/11/00 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
BAA - MCARTHUR/GLEN (MANSFIELD) LIMITED |
||
|
Amount Secured: |
£5,875 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
ALL MONEIES HELD IN THE SEPARATE INTEREST BEARING ACCOUNT OPENED BY
THE CHARGEEAT BARCLAYS BANK PLC |
||
|
Mortgage Type: |
TRUST DEED |
||
|
Date Charge Created: |
04/05/00 |
||
|
Date Charge Registered: |
10/05/00 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
BAA-MCARTHUR/GLEN (ASHFORD) LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
RESERVED BY THE AGREEMENT FOR LEASEDATED 03/05/00 |
||
|
Details: |
THE INTEREST OF THE COMPANY IN THE SEPARATE INTEREST BEARING ACCOUNT TO
BE OPENED BY THE CHARGEE SEETHE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
24/05/99 |
||
|
Date Charge Registered: |
02/06/99 |
||
|
Date Charge Satisfied: |
13/07/07 |
||
|
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: |
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 |
|
Roger Neil Smith |
14 |
10 |
|
John Crostarosa Mowinckel |
0 |
2 |
|
Shantelle Augier |
0 |
2 |
|
Antoine Fabien Raoux |
0 |
3 |
|
Michael Peter Hobbs |
8 |
11 |
|
Martin John Wood |
2 |
3 |
|
Timothy Sykes |
2 |
4 |
|
Timothy Sykes |
2 |
4 |
|
Julie Ann Stinson |
0 |
2 |
|
HAMMOND SUDDARDS DIRECTORS LIMITED |
61 |
320 |
|
HAMMOND SUDDARDS SECRETARIES LIMITED |
78 |
399 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.06 |
|
|
1 |
Rs.102.35 |
|
Euro |
1 |
Rs.74.97 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.