MIRA INFORM REPORT

Report No. :	355469
Report Date :	19.12.2015

IDENTIFICATION DETAILS

Name :	DOUBLE TWO LIMITED

Formerly Known As :	HAWKSCLOUGH MILL CO.,LIMITED

Registered Office :	PO Box 1, Thornes Lane Wharf, Wakefield, WF1 5RQ

Country :	United Kingdom

Financials (as on) :	31.12.2014

Date of Incorporation :	02.11.1954

Com. Reg. No.:	00540034

Legal Form :	Private limited with Share Capital

Line of Business :	· Manufacture of Other Wearing Apparel and Accessories N.E.C. · The manufacture, wholesale of shirts, casualwear and ladies garments and retailers of mens and ladies garments.

No. of Employees :	83

RATING & COMMENTS

MIRA’s Rating :

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

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 and address

Company Name: DOUBLE TWO LIMITED

Company No: 00540034

Company Status: Active - Accounts Filed

Registered Address: PO BOX 1 THORNES LANE WHARF WAKEFIELD WF1 5RQ

Company Summary

Registered Address PO BOX 1, THORNES LANE WHARF, WAKEFIELD, WF1 5RQ

Trading Address PO Box 1, 1 Thornes Lane Wharf, Wakefield, West Yorkshire, WF1 5RQ

Website Address http://www.doubletwo.co.uk

Telephone Number 01924375651

Fax Number --

TPS Yes

FPS Yes

Incorporation Date 02/11/1954

Previous Name HAWKSCLOUGH MILL CO.,LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 31/12/1980

Filing Date of Accounts 27/05/2015

Currency GBP

Share Capital £4,000,000

SIC07 14190

Charity Number -

SIC07 Description MANUFACTURE OF OTHER WEARING APPAREL AND ACCESSORIES N.E.C.

Principal Activity The manufacture, wholesale of shirts, casualwear and ladies garments and retailers of mens and ladies garments.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2014 £15,198,162 £250,916 £2,948,140 83

31/12/2013 £12,835,212 £152,897 £2,697,224 84

31/12/2012 £11,952,455 £134,114 £2,544,327 80

Mortgage Summary

Total Mortgage 7

Outstanding 5

Satisfied 2

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 4

Total Value of Documented Trade £7,523

Commentary

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

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's return on total assets employed ratio indicates a relatively efficient use of assets.

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

This company's bank loans and overdrafts (less cash) account for a moderate percentage of short term liabilities.

This company trades in an industry with a lower level of corporate failures.

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	2
Total Current Secretaries	2
Total Previous Directors / Company Secretaries	4

Current Directors

Title	Mr	Function	Director
Name	Richard John Donner	Nationality	British
Date of Birth	04/1967	Present Appointments	12
Latest Address	Merle Mede Upper Hagg Road, Thongsbridge, Holmfirth	Appointment Date	10/12/1999
Post Code	HD9 3TF
Title	Mr	Function	Director
Name	Richard John Donner	Nationality	British
Date of Birth	09/1939	Present Appointments	17
Latest Address	Chevet Chase Chevet Lane, Wakefield, West Yorkshire	Appointment Date	27/12/1991
Post Code	WF2 6PT

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Nancy Donner	Nationality	British
Date of Birth	02/1942	Present Appointments	13
Latest Address	Chevet Chase Chevet Lane, Sandal, Wakefield, West Yorkshire	Appointment Date	27/12/1991
Post Code	WF2 6PT
Title	Mr	Function	Company Secretary
Name	Kevin Richard Mellor	Nationality	British
Date of Birth	05/1969	Present Appointments	12
Latest Address	35 Nowell Street, Leeds, West Yorkshire	Appointment Date	18/07/2008
Post Code	LS9 6HS

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
WAKEFIELD SHIRT COMPANY LTD	GBP	2,500,000	ORDINARY	1	62.5
WAKEFIELD SHIRT COMPANY LTD	GBP	1,500,000	ORDINARY REDEEMABLE	1	37.5

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
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Turnover	£15,198,162	18.4%	£12,835,212	7.4%	£11,952,455	-39.8%	£19,857,375	86.6%	£10,641,810
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Export	£8,260,973	44.7%	£5,707,693	14.3%	£4,992,945	-51.8%	£10,354,314	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Cost of Sales	£10,532,792	26.8%	£8,308,753	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Gross Profit	£4,665,370	3.1%	£4,526,459	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Wages & Salaries	£2,233,476	2.1%	£2,187,015	4.3%	£2,096,794	0.9%	£2,078,365	1.4%	£2,049,632
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Operating Profit	£306,767	34.4%	£228,203	29.9%	£175,634	-66.4%	£522,599	67.2%	£312,543
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Depreciation	£66,617	-22%	£85,388	-7.2%	£92,024	-23.3%	£119,910	-8.7%	£131,306
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Audit Fees	£18,785	17.5%	£15,990	-16.4%	£19,136	14.3%	£16,744	3%	£16,261
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Interest Payments	£118,559	-	£118,559	10%	£107,827	102.8%	£53,172	120.5%	£24,113
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Pre Tax Profit	£250,916	64.1%	£152,897	14%	£134,114	-71.4%	£469,427	94.4%	£241,460
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Profit After Tax	£250,916	64.1%	£152,897	14%	£134,114	-71.4%	£469,427	94.4%	£241,460
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Retained Profit	£250,916	64.1%	£152,897	14%	£134,114	-71.4%	£469,427	94.4%	£241,460

Balance Sheet

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Tangible Assets	£119,902	-35.7%	£186,519	-26%	£251,907	-9.8%	£279,430	-17%	£336,582
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Fixed Assets	£119,902	-35.7%	£186,519	-26%	£251,907	-9.8%	£279,430	-17%	£336,582
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Stock	£4,284,314	10.4%	£3,879,374	1.1%	£3,835,821	-4.2%	£4,003,814	28.3%	£3,119,897
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Trade Debtors	£1,376,193	13.3%	£1,214,473	30.7%	£929,067	-33.6%	£1,398,443	21%	£1,155,601
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Cash	£135,144	-58.6%	£326,204	233.5%	£97,819	-30.5%	£140,821	116.5%	£65,043
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Other Debtors	£781,307	-6.5%	£835,528	1.6%	£822,471	34.3%	£612,441	-20.6%	£771,576
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Current Assets	£6,576,958	5.1%	£6,255,579	10%	£5,685,178	-7.6%	£6,155,519	20.4%	£5,112,117
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Trade Creditors	£1,509,130	1.1%	£1,492,137	14.4%	£1,304,252	-22.1%	£1,675,000	24.2%	£1,348,945
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	£771,742	-0.8%	£778,098	-8.2%	£847,911	-24.2%	£1,119,225	37.9%	£811,358
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Other Short Term Finance	£1,135,487	1.7%	£1,116,870	8.7%	£1,027,889	11.3%	£923,500	-16.2%	£1,101,618
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£332,361	48.4%	£223,945	5.3%	£212,706	-30.7%	£307,011	24.8%	£245,992
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Current Liabilities	£3,748,720	3.8%	£3,611,050	6.4%	£3,392,758	-15.7%	£4,024,736	14.7%	£3,507,913
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£771,742	-15.4%	£911,922	7.5%	£847,911	-24.2%	£1,119,225	37.9%	£811,358
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-100%	£133,824	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Called Up Share Capital	£4,000,000	-	£4,000,000	-	£4,000,000	-	£4,000,000	-	£4,000,000
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	P & L Account Reserve	-£1,053,250	19.2%	-£1,304,166	10.5%	-£1,457,063	8.4%	-£1,591,177	22.8%	-£2,060,604
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Sundry Reserves	£1,390	-	£1,390	-	£1,390	-	£1,390	-	£1,390
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Shareholder Funds	£2,948,140	9.3%	£2,697,224	6%	£2,544,327	5.6%	£2,410,213	24.2%	£1,940,786

Other Financial Items

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Net Worth	£2,948,140	9.3%	£2,697,224	6%	£2,544,327	5.6%	£2,410,213	24.2%	£1,940,786
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Working Capital	£2,828,238	6.9%	£2,644,529	15.4%	£2,292,420	7.6%	£2,130,783	32.8%	£1,604,204
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Assets	£6,696,860	4%	£6,442,098	8.5%	£5,937,085	-7.7%	£6,434,949	18.1%	£5,448,699
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Liabilities	£3,748,720	0.1%	£3,744,874	10.4%	£3,392,758	-15.7%	£4,024,736	14.7%	£3,507,913
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Net Assets	£2,948,140	9.3%	£2,697,224	6%	£2,544,327	5.6%	£2,410,213	24.2%	£1,940,786

Cash Flow

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Capital Employed	£2,948,140	4.1%	£2,831,048	11.3%	£2,544,327	5.6%	£2,410,213	24.2%	£1,940,786
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Number of Employees	83	-1.2%	84	5%	80	-	80	-2.4%	82
	Accountants
	Auditors	JOLLIFFE CORK LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	YORKSHIRE BANK PLC
	Bank Branch Code	05-09-62

Ratios

	Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	1.65	1.19	1.12	2.36	2.27
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Current ratio	1.75	1.73	1.68	1.53	1.46
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	5.37	4.85	5.21	9.32	6.63
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Gearing %	26.20	33.80	33.30	46.40	41.80
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Equity in %	44	41.90	42.90	37.50	35.60
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Creditor Days	36.14	42.31	39.71	30.70	46.14
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Debtor Days	32.96	34.44	28.29	25.63	39.52
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	0.61	0.65	0.54	0.53	0.56
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Return On Capital Employed %	8.51	5.40	5.27	19.47	12.44
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	3.74	2.37	2.25	7.29	4.43
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Current Debt Ratio	1.27	1.33	1.33	1.66	1.80
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Total Debt Ratio	1.27	1.38	1.33	1.66	1.80
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	28.18	30.22	32.09	20.16	29.31
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	8.51	5.66	5.27	19.47	12.44

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
10/06/2015	New Accounts Filed
10/06/2015	New Accounts Filed
27/01/2015	Annual Returns
21/08/2014	New Accounts Filed
21/08/2014	New Accounts Filed
21/01/2014	Annual Returns
11/06/2013	New Accounts Filed
11/06/2013	New Accounts Filed
22/01/2013	Annual Returns
16/06/2012	New Accounts Filed
16/06/2012	New Accounts Filed
19/04/2012	Change of Company Postcode
17/01/2012	Annual Returns
16/01/2012	Change of Company Postcode
01/07/2011	New Accounts Filed

Previous Company Names

Date	Previous Name
31/12/1980	HAWKSCLOUGH MILL CO.,LIMITED

Writ Details

No writs found

Statistics

Group	12 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	WAKEFIELD SHIRT COMPANY LIMITED(THE)
Ownership Status	Wholly Owned
Ultimate Holding Company	WAKEFIELD SHIRT COMPANY LIMITED(THE)

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\tminus.gif$ WAKEFIELD SHIRT COMPANY...	00361629	31.12.2014	Y	£18,940,143
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ THREADNEEDLE COMPANY I...	00362080	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\tminus.gif$ WM SUGDEN & SONS LIMITED	00540051	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\L.gif$ L. J. & M. REFSON LI...	00396588	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ TOPFLIGHT UNIFORMS LIM...	00863454	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ TOP TWENTY SHIRT COMPA...	00866090	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ DOUBLE TWO (INTERNATIO...	00915580	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ WAKEFIELD DRAPERS LIMITED	00947054	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ SHIRTMASTER LIMITED	01116948	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ COMPANY IMAGE LIMITED	02303967	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\T.gif$ DOUBLE TWO LIMITED	00540034	31.12.2014	N	£15,198,162
$Description: \\vivek-pc\123 Foreign Report Raw\DOUBLE TWO LIMITED_files\L.gif$ KINGSWELLS (FASHION ST...	01300250	31.12.2014	N

Mortgage Details

Mortgage Type:
Date Charge Created:	07/11/14
Date Charge Registered:	07/11/14
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD;
Amount Secured:
Details:	CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKINGOF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	07/11/14
Date Charge Registered:	07/11/14
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS NEGATIVEPLEDGE.

Mortgage Type:
Date Charge Created:	17/10/14
Date Charge Registered:	17/10/14
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	A GENERAL PLEDGECONTAINS FIXED CHARGE.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	17/10/14
Date Charge Registered:	17/10/14
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	A FIXED AND FLOATING CHARGE OVER ALL ASSETSCONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:	DEBENTURE
Date Charge Created:	11/10/06
Date Charge Registered:	19/10/06
Date Charge Satisfied:	06/11/14
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PLC;
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 MACHINERY
Mortgage Type:	TRUST DEED
Date Charge Created:	28/09/05
Date Charge Registered:	04/10/05
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BMG (YORK) 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:	BY WAY OF FIXED CHARGE THE INTEREST IN THE DEPOSIT ACCOUNT AND ALL MONEY FROM TIME TO TIME STANDINGTO THE CREDIT OF ORACCRUING TO THE DEPOSIT ACCOUNT. DEPOSIT ACCOUNT MEANING £20,302.82

Mortgage Type:	DEBENTURE
Date Charge Created:	17/08/01
Date Charge Registered:	22/08/01
Date Charge Satisfied:	20/01/12
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
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 MACHINERY

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	4	£7,523
Company Name	Amount	Statement Date
Fashion Brokers Ltd	£5,851	26/07/2012
Marion Baker Of Marney's Limited	£1,061	08/01/2015
Big For Men (Margate) Ltd	£464	07/07/2011
Mr Savile Limited	£147	26/09/2013

Previous Director/Company Secretaries

Name		Current Directorships	Previous Directorships
Hermine Donner		0	11
Isaak Donner		0	10
David Percy Sugden		0	15
Campbell Gordon Freeman		2	14
Average Invoice Value	£220.92
Invoices available	398
Paid	380
Outstanding	18

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	70	258	44	6	2
Outstanding	6	3	9	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.42
UK Pound	1	Rs.99.17
Euro	1	Rs.72.14
GBP	1	Rs.98.75

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	KAR

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.