MIRA INFORM REPORT
|
Report No. : |
354558 |
|
Report Date : |
11.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
THE GENUINE GEMSTONE COMPANY LIMITED |
|
|
|
|
Formerly Known As : |
COLOURED ROCKS LIMITED |
|
|
|
|
Registered Office : |
Unit 2D Eagle Road Moons Moat N Ind Est Redditch B98 9HF |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
10.09.2007 |
|
|
|
|
Com. Reg. No.: |
06365402 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Jewellery design, manufacture
and retail sales via home shopping channels on satellite, cable television
and the internet. |
|
|
|
|
No. of Employee : |
476 |
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
Name Address
THE GENUINE GEMSTONE COMPANY LIMITED
UNIT 2D EAGLE ROADMOONS MOAT N IND
ESTREDDITCHB98 9HF
Company
No
06365402
Company
Status
Active - Accounts Filed
Company
Summary
Registered
Address UNIT 2D EAGLE
ROAD
MOONS MOAT N IND EST
REDDITCH
B98 9HF
Trading
Address 2D Eagle
Road
Moons Moat North Industrial Estate
Redditch
Worcestershire
B98 9HF
Website Address http://www.gemporia.com
Telephone Number 01527406110
Fax Number
TPS No
FPS Yes
Incorporation Date 10/09/2007
Previous Name COLOURED
ROCKS LIMITED
Type Private
limited with Share Capital
FTSE Index -
Date of Change 20/03/2012
Filing Date of Accounts 15/09/2015
Currency GBP
Share Capital £100,000
SIC07 47990
Charity Number -
SIC07 Description OTHER
RETAIL SALE NOT IN STORES, STALLS OR MARKETS
Principal
Activity Jewellery
design, manufacture and retail sales via home shopping channels on satellite,
cable television and the internet.
Key
Financials
Year to Date Turnover Pre Tax Profit Shareholder Funds
Employees
31/03/2015 £106,082,725 £8,157,141 £8,820,847 476
31/03/2014 £99,415,680 £3,252,409 £4,863,706 441
31/03/2013 £83,400,739 £1,094,047 £3,211,297 369
Mortgage
Summary
Total Mortgage 5
Outstanding 5
Satisfied 0
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 in respect of
the rating/limit generated. |
|
This company's return on total assets employed ratio indicates a
highly efficient use of assets. |
|
This company has only made late payments on a low 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. |
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 Current Directors |
6 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
3 |
Current
Directors
|
Title |
Mr |
Function |
Director |
|
Name |
John Graham Winspear |
Nationality |
British |
|
Date of Birth |
05/1953 |
Present Appointments |
8 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
18/03/2008 |
|
Post Code |
B98 9HF |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Steve Clifford Bennett |
Nationality |
British |
|
Date of Birth |
02/1966 |
Present Appointments |
43 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
10/09/2007 |
|
Post Code |
B98 9HF |
||
|
Title |
Ms |
Function |
Director |
|
Name |
Sarah Elizabeth Bennett |
Nationality |
British |
|
Date of Birth |
09/1976 |
Present Appointments |
6 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
24/10/2007 |
|
Post Code |
B98 9HF |
||
|
Title |
Mr |
Function |
Director |
|
Name |
John Richard Bennett |
Nationality |
British |
|
Date of Birth |
12/1974 |
Present Appointments |
24 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
10/09/2007 |
|
Post Code |
B98 9HF |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Andrew William Smith |
Nationality |
British |
|
Date of Birth |
06/1984 |
Present Appointments |
1 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
13/05/2010 |
|
Post Code |
B98 9HF |
||
|
Title |
Mrs |
Function |
Director |
|
Name |
Paula Marie Bennett |
Nationality |
British |
|
Date of Birth |
09/1979 |
Present Appointments |
1 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
14/02/2013 |
|
Post Code |
B98 9HF |
||
Current
Company Secretary
|
Title |
Mr |
Function |
Company Secretary |
|
Name |
John Graham Winspear |
Nationality |
British |
|
Date of Birth |
05/1953 |
Present Appointments |
8 |
|
Latest Address |
Unit 2d Eagle Road, Moons Moat N Ind Est, Redditch,
Worcestershire |
Appointment Date |
24/10/2007 |
|
Post Code |
B98 9HF |
Top
20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
COLOURFUL COMPANY GROUP LTD |
GBP |
99,000 |
ORDINARY A |
1 |
99 |
|
PAUL DAVIES |
GBP |
200 |
ORDINARY B |
1 |
0.2 |
|
MARK JACKSON |
GBP |
200 |
ORDINARY B |
1 |
0.2 |
|
JOHN WINSPEAR |
GBP |
200 |
ORDINARY B |
1 |
0.2 |
|
ANDREW SMITH |
GBP |
200 |
ORDINARY B |
1 |
0.2 |
|
RICHARD FUDGER |
GBP |
200 |
ORDINARY B |
1 |
0.2 |
Profit
& Loss
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£106,082,725 |
6.7% |
£99,415,680 |
19.2% |
£83,400,739 |
53.8% |
£54,210,464 |
232.6% |
£16,296,727 |
|
|
Export |
£32,289,022 |
-3.1% |
£33,307,791 |
72.5% |
£19,309,254 |
- |
- |
- |
- |
|
|
Cost of Sales |
£59,196,629 |
1.3% |
£58,443,915 |
19.4% |
£48,936,199 |
45.6% |
£33,619,861 |
252.4% |
£9,540,297 |
|
|
Gross Profit |
£46,886,096 |
14.4% |
£40,971,765 |
18.9% |
£34,464,540 |
67.4% |
£20,590,603 |
204.8% |
£6,756,430 |
|
|
Wages & Salaries |
£13,930,457 |
8.6% |
£12,822,173 |
19.2% |
£10,760,589 |
72.5% |
£6,236,513 |
151.7% |
£2,477,458 |
|
|
Directors Emoluments |
£275,518 |
13.7% |
£242,250 |
34.6% |
£179,917 |
13.2% |
£158,950 |
15.5% |
£137,588 |
|
|
Operating Profit |
£8,162,638 |
149.8% |
£3,267,444 |
54.2% |
£2,118,729 |
-40.4% |
£3,556,938 |
223% |
£1,101,069 |
|
|
Depreciation |
£431,190 |
15.8% |
£372,517 |
-2.1% |
£380,531 |
28.8% |
£295,471 |
30.9% |
£225,676 |
|
|
Audit Fees |
£27,000 |
2.9% |
£26,250 |
1.9% |
£25,750 |
3% |
£25,000 |
13.6% |
£22,000 |
|
|
Interest Payments |
£5,497 |
-63.4% |
£15,035 |
-63.9% |
£41,636 |
999.9% |
£3,710 |
999.9% |
£16 |
|
|
Pre Tax Profit |
£8,157,141 |
150.8% |
£3,252,409 |
197.3% |
£1,094,047 |
-69.2% |
£3,553,228 |
222.7% |
£1,101,053 |
|
|
Taxation |
- |
- |
- |
- |
- |
-100% |
£94,372 |
-89.1% |
£865,628 |
|
|
Profit After Tax |
£8,157,141 |
150.8% |
£3,252,409 |
197.3% |
£1,094,047 |
-70% |
£3,647,600 |
85.5% |
£1,966,681 |
|
|
Dividends Payable |
£4,200,000 |
162.5% |
£1,600,000 |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
£3,957,141 |
139.5% |
£1,652,409 |
51% |
£1,094,047 |
-70% |
£3,647,600 |
85.5% |
£1,966,681 |
Balance
Sheet
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
|
Tangible Assets |
£1,928,748 |
-3% |
£1,989,039 |
-8.8% |
£2,181,922 |
45.2% |
£1,502,489 |
5.1% |
£1,429,354 |
|
|
Intangible Assets |
£677,323 |
335.4% |
£155,560 |
-11.8% |
£176,311 |
-5.3% |
£186,110 |
-9.8% |
£206,275 |
|
|
Total Fixed Assets |
£2,606,071 |
21.5% |
£2,144,599 |
-9.1% |
£2,358,233 |
39.7% |
£1,688,599 |
3.2% |
£1,635,629 |
|
|
Stock |
£17,820,139 |
15.9% |
£15,377,001 |
8.8% |
£14,138,886 |
44.7% |
£9,770,304 |
92.2% |
£5,083,304 |
|
|
Trade Debtors |
£282,762 |
-32.7% |
£420,241 |
-53.3% |
£899,105 |
52.7% |
£588,779 |
220.5% |
£183,696 |
|
|
Cash |
£2,300,864 |
-34.3% |
£3,500,266 |
999.9% |
£44,414 |
-96.7% |
£1,343,481 |
-25.2% |
£1,796,400 |
|
|
Other Debtors |
£4,380,199 |
26.6% |
£3,460,260 |
-43.9% |
£6,169,823 |
39.3% |
£4,430,392 |
32.3% |
£3,349,043 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£24,783,964 |
8.9% |
£22,757,768 |
7.1% |
£21,252,228 |
31.7% |
£16,132,956 |
54.9% |
£10,412,443 |
|
|
Trade Creditors |
£12,971,045 |
11.7% |
£11,612,529 |
12.5% |
£10,322,045 |
93% |
£5,348,860 |
120.4% |
£2,426,645 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
-100% |
£1,175,698 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
£3,424,175 |
-49.2% |
£6,741,401 |
45.9% |
£4,620,378 |
4.8% |
£4,408,661 |
-13.4% |
£5,093,510 |
|
|
Miscellaneous Current Liabilities |
£2,173,968 |
31.2% |
£1,656,605 |
-60.7% |
£4,214,986 |
0% |
£4,216,268 |
189.5% |
£1,456,574 |
|
|
Total Current Liabilities |
£18,569,188 |
-7.2% |
£20,010,535 |
-1.6% |
£20,333,107 |
45.5% |
£13,973,789 |
55.7% |
£8,976,729 |
|
|
Bank Loans & Overdrafts and LTL |
0 |
-100% |
£28,126 |
-97.7% |
£1,241,755 |
-28.2% |
£1,730,516 |
-62.4% |
£4,601,693 |
|
|
Other Long Term Finance |
0 |
-100% |
£28,126 |
-57.4% |
£66,057 |
- |
0 |
- |
0 |
|
|
Total Long Term Liabilities |
0 |
-100% |
£28,126 |
-57.4% |
£66,057 |
-96.2% |
£1,730,516 |
-62.4% |
£4,601,693 |
Capital
& Reserves
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
|
Called Up Share Capital |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
|
|
P & L Account Reserve |
£8,819,847 |
81.4% |
£4,862,706 |
51.5% |
£3,210,297 |
51.7% |
£2,116,250 |
238.2% |
-£1,531,350 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
£8,820,847 |
81.4% |
£4,863,706 |
51.5% |
£3,211,297 |
51.7% |
£2,117,250 |
238.4% |
-£1,530,350 |
Other
Financial Items
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
|
Net Worth |
£8,143,524 |
73% |
£4,708,146 |
55.1% |
£3,034,986 |
57.2% |
£1,931,140 |
211.2% |
-£1,736,625 |
|
|
Working Capital |
£6,214,776 |
126.2% |
£2,747,233 |
198.9% |
£919,121 |
-57.4% |
£2,159,167 |
50.4% |
£1,435,714 |
|
|
Total Assets |
£27,390,035 |
10% |
£24,902,367 |
5.5% |
£23,610,461 |
32.5% |
£17,821,555 |
47.9% |
£12,048,072 |
|
|
Total Liabilities |
£18,569,188 |
-7.3% |
£20,038,661 |
-1.8% |
£20,399,164 |
29.9% |
£15,704,305 |
15.7% |
£13,578,422 |
|
|
Net Assets |
£8,820,847 |
81.4% |
£4,863,706 |
51.5% |
£3,211,297 |
51.7% |
£2,117,250 |
238.4% |
-£1,530,350 |
Cash
Flow
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
|
Net Cashflow from Operations |
£3,732,741 |
-40.3% |
£6,250,239 |
535.6% |
-£1,434,708 |
-999.9% |
-£80,603 |
-102.5% |
£3,221,177 |
|
|
Net Cashflow before Financing |
-£1,161,471 |
-124.9% |
£4,666,070 |
289.5% |
-£2,462,503 |
-443.7% |
-£452,919 |
-128.5% |
£1,588,247 |
|
|
Net Cashflow from Financing |
-£37,931 |
-9.9% |
-£34,520 |
-181.5% |
-£12,262 |
- |
- |
- |
- |
|
|
Increase in Cash |
-£1,199,402 |
-125.9% |
£4,631,550 |
287.2% |
-£2,474,765 |
-446.4% |
-£452,919 |
-128.5% |
£1,588,247 |
Miscellaneous
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
|
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
Capital Employed |
£8,820,847 |
80.3% |
£4,891,832 |
49.3% |
£3,277,354 |
-14.8% |
£3,847,766 |
25.3% |
£3,071,343 |
|
|
Number of Employees |
476 |
7.9% |
441 |
19.5% |
369 |
39.8% |
264 |
164% |
100 |
|
Accountants |
||||||||||
|
Auditors |
DAINS LLP |
|||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
|||||||||
|
Bankers |
||||||||||
|
Bank Branch Code |
||||||||||
Ratios
|
Date Of Accounts |
31/03/15 |
31/03/14 |
31/03/13 |
31/03/12 |
31/03/11 |
|
|
|
Pre-tax profit margin % |
7.69 |
3.27 |
1.31 |
6.55 |
6.76 |
|
|
Current ratio |
1.33 |
1.14 |
1.05 |
1.15 |
1.16 |
|
|
Sales/Net Working Capital |
17.07 |
36.19 |
90.74 |
25.11 |
11.35 |
|
|
Gearing % |
0 |
0.60 |
38.70 |
81.70 |
-300.70 |
|
|
Equity in % |
33 |
19.70 |
13.70 |
12 |
-12.90 |
|
|
Creditor Days |
44.50 |
42.51 |
45.05 |
35.91 |
54.20 |
|
|
Debtor Days |
0.97 |
1.53 |
3.92 |
3.95 |
4.10 |
|
|
Liquidity/Acid Test |
0.37 |
0.36 |
0.34 |
0.45 |
0.59 |
|
|
Return On Capital Employed % |
92.47 |
66.48 |
33.38 |
92.34 |
35.84 |
|
|
Return On Total Assets Employed % |
29.78 |
13.06 |
4.63 |
19.93 |
9.13 |
|
|
Current Debt Ratio |
2.10 |
4.11 |
6.33 |
6.59 |
-5.86 |
|
|
Total Debt Ratio |
2.10 |
4.12 |
6.35 |
7.41 |
-8.87 |
|
|
Stock Turnover Ratio % |
16.79 |
15.46 |
16.95 |
18.02 |
31.19 |
|
|
Return on Net Assets Employed % |
92.47 |
66.87 |
34.06 |
167.82 |
-71.94 |
Report
Notes
|
There are no notes to display. |
Status
History
|
No Status History found |
Event History
|
Date |
Description |
|
11/10/2015 |
Annual Returns |
|
30/09/2015 |
Payment Data Update Recieved |
|
30/09/2015 |
New Accounts Filed |
|
04/09/2015 |
Payment Data Update Recieved |
|
04/08/2015 |
Payment Data Update Recieved |
|
14/01/2015 |
New Accounts Filed |
|
14/01/2015 |
New Accounts Filed |
|
20/10/2014 |
Annual Returns |
|
10/01/2014 |
New Accounts Filed |
|
20/09/2013 |
Annual Returns |
|
04/03/2013 |
New Board Member Mrs P.M. Bennett appointed |
|
20/09/2012 |
Annual Returns |
|
28/08/2012 |
New Accounts Filed |
|
28/08/2012 |
New Accounts Filed |
|
22/03/2012 |
Change of Name |
Previous
Company Names
|
Date |
Previous Name |
|
20/03/2012 |
COLOURED ROCKS LIMITED |
Writ
Details
|
No writs found |
Statistics
|
Group |
10 companies |
|
Linkages |
1 companies |
|
Countries |
In 1 countries |
Summary
|
Holding Company |
THE COLOURFUL COMPANY GROUP LIMITED |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
THE COLOURFUL COMPANY GROUP LIMITED |
Group
StructureFull
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
05914500 |
31.03.2015 |
Y |
£107,103,713 |
|
|
04352563 |
31.03.2015 |
N |
|
|
|
04490822 |
31.03.2015 |
N |
|
|
|
04348995 |
31.03.2015 |
N |
|
|
|
06491292 |
31.03.2015 |
N |
|
|
|
07205887 |
31.03.2015 |
N |
|
|
|
07205896 |
31.03.2015 |
N |
|
|
|
08796190 |
31.03.2015 |
N |
|
|
|
09580276 |
- |
N |
|
|
|
06365402 |
31.03.2015 |
N |
£106,082,725 |
Other
Linked Companies
|
Name |
Number |
Latest Key Financials |
Turnover |
|
GEMS TV |
30.06.2013 |
Mortgage
Details
|
Mortgage Type: |
RENT DEPOSIT DEED |
||
|
Date Charge Created: |
06/09/12 |
||
|
Date Charge Registered: |
13/09/12 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
IPSLEY STREET 1 UK LIMITED AND IPSLEY STREET 2 UK LIMITED |
||
|
Amount Secured: |
£17,400.00 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
||
|
Details: |
WITH FULL TITLE GUARANTEE CHARGES ITS INTEREST IN THE ACCOUNT
AND THE CREDIT BALANCE IN THE ACCOUNTFROM TIME TO TIME AND ALL MONEY FROM
TIME TO TIME WITHDRAWNFROM THE ACCOUNT BY WAY OF FIRST FIXED CHARGE SEE IMAGE
FOR FULL DETAILS |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
|
Date Charge Created: |
03/03/04 |
||
|
Date Charge Registered: |
25/02/11 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL SUMS DUE OR TO BECOME DUE |
||
|
Details: |
F/H UNIT 2D EAGLE ROAD MOONS MOAT NORTHINDUSTRIAL ESTATE REDDITCH
WORCESTERSHIRE T/N HW140901 |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
06/01/10 |
||
|
Date Charge Registered: |
25/02/11 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
BARCLAYS BANK PLC |
||
|
Amount Secured: |
ALL SUMS DUE OR TO BECOME DUE |
||
|
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: |
14/02/11 |
||
|
Date Charge Registered: |
25/02/11 |
||
|
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: |
F/H UNIT 2D EAGLE ROAD NORTH MOONS MOATINDUSTRIAL ESTATE
REDDITCH T/N HW140901 |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
02/07/10 |
||
|
Date Charge Registered: |
08/07/10 |
||
|
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: |
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 |
||
Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
|
John Richard Bennett |
24 |
13 |
|
|
COMPANY DIRECTORS LIMITED |
9351 |
196299 |
|
|
TEMPLE SECRETARIES LIMITED |
11620 |
198021 |
|
|
Average Invoice Value |
£32036.61 |
||
|
Invoices available |
36 |
||
|
Paid |
35 |
||
|
Outstanding |
1 |
||
|
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 |
11 |
22 |
2 |
0 |
0 |
|
Outstanding |
0 |
0 |
0 |
1 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.79 |
|
|
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.73.46 |
|
GBP |
1 |
Rs.101.07 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TRU |
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.