MIRA INFORM REPORT

Report No. :	355767
Report Date :	21.12.2015

IDENTIFICATION DETAILS

Name :	IIR EXHIBITIONS LIMITED
Formerly Known As :	IIR GRAPHEX LIMITED
Registered Office :	5 Howick Placelondonsw1P 1WG
Country :	United Kingdom
Financials (as on) :	31.12.2014
Date of Incorporation :	28.09.1994
Com. Reg. No.:	02972059
Legal Form :	Private limited with Share Capital
Line of Business :	· OTHER SERVICE ACTIVITIES N.E.C. · Organisation of exhibitions.
No. of Employee :	38

RATING & COMMENTS

MIRA’s Rating :

A

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good
Payment Behaviour :	Regular
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 and Address

IIR EXHIBITIONS LIMITED

5 HOWICK PLACELONDONSW1P 1WG

Company No

02972059

Company Status

Active - Accounts Filed

Company Summary

Registered Address 5 HOWICK PLACE
LONDON
SW1P 1WG

Trading Address 5 Howick Place
London
SW1P 1WG

Website Address http://www.informa.com

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 28/09/1994

Previous Name IIR GRAPHEX LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 05/12/2003

Filing Date of Accounts 03/07/2015

Currency GBP

Share Capital £4

SIC07 96090

Charity Number -

SIC07 Description OTHER SERVICE ACTIVITIES N.E.C.

Principal Activity Organisation of exhibitions.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2014 £16,248,000 £8,012,000 £284,373,000 38

31/12/2013 £10,400,000 £9,218,000 £279,027,000 40

31/12/2012 £9,503,000 £746,000 £272,230,000 34

Mortgage Summary

Total Mortgage 4

Outstanding 0

Satisfied 4

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 2

Total Value of Documented Trade £11,406

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 strong equity funding.

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

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 Number of Writs -	-

Total Current Directors	5
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	28

Current Directors

Title	Mr	Function	Director
Name	Glyn William Fullelove	Nationality	British
Date of Birth	04/1961	Present Appointments	56
Latest Address	Informa Plc 5 Howick Place, London	Appointment Date	01/11/2015
Post Code	SW1P 1WG
Title	Mr	Function	Director
Name	Rupert John Joseph Hopley	Nationality	British
Date of Birth	03/1969	Present Appointments	56
Latest Address	5 Howick Place, London	Appointment Date	01/11/2011
Post Code	SW1P 1WG

Title	Mr	Function	Director
Name	Gareth Richard Wright	Nationality	British
Date of Birth	07/1972	Present Appointments	187
Latest Address	5 Howick Place, London	Appointment Date	31/03/2010
Post Code	SW1P 1WG
Title	Mr	Function	Director
Name	Simon Robert Bane	Nationality	British
Date of Birth	10/1971	Present Appointments	46
Latest Address	Informa Plc 5 Howick Place, London	Appointment Date	01/11/2015
Post Code	SW1P 1WG

Title	Mrs	Function	Director
Name	Sarah Elizabeth Mussenden	Nationality	British
Date of Birth	10/1965	Present Appointments	45
Latest Address	Woodside House, Rickmansworth, Hertfordshire	Appointment Date	01/11/2015
Post Code	WD3 6EU

Current Company Secretary

Title	Miss	Function	Company Secretary
Name	Julie Louise Woollard	Nationality	British
Date of Birth	04/1977	Present Appointments	156
Latest Address	Informa Plc 5 Howick Place, London	Appointment Date	04/02/2008
Post Code	SW1P 1WG

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
IIR MANAGEMENT LTD	GBP	4	ORDINARY	1	100

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
	Turnover	£16,248,000	56.2%	£10,400,000	9.4%	£9,503,000	17.3%	£8,100,000	-64.7%	£22,974,000
	Export	£8,603,000	-10.9%	£9,655,000	6.1%	£9,103,000	36.6%	£6,665,000	-54.2%	£14,551,000
	Cost of Sales	£9,090,000	161.5%	£3,476,000	-2.7%	£3,573,000	23.1%	£2,903,000	-75.7%	£11,939,000
	Gross Profit	£7,158,000	3.4%	£6,924,000	16.8%	£5,930,000	14.1%	£5,197,000	-52.9%	£11,035,000
	Wages & Salaries	£3,135,000	20.5%	£2,601,000	20.9%	£2,152,000	17.4%	£1,833,000	0.3%	£1,827,000
	Directors Emoluments	-	-	-	-	-	-	-	-	-
	Operating Profit	-£899,000	-161.4%	£1,465,000	117.6%	-£8,327,000	-999.9%	£459,000	-90.3%	£4,748,000
	Depreciation	£12,000	-	£12,000	71.4%	£7,000	133.3%	£3,000	50%	£2,000
	Audit Fees	-	-	-	-	-	-	-	-	-
	Interest Payments	£2,057,000	-34.5%	£3,140,000	-21.6%	£4,005,000	23.9%	£3,232,000	999.9%	£26,000
	Pre Tax Profit	£8,012,000	-13.1%	£9,218,000	999.9%	£746,000	-91.4%	£8,702,000	-7.1%	£9,365,000
	Taxation	-£2,361,000	2.5%	-£2,421,000	-460.4%	-£432,000	82.3%	-£2,447,000	-999.9%	£137,000
	Profit After Tax	£5,651,000	-16.9%	£6,797,000	999.9%	£314,000	-95%	£6,255,000	-34.2%	£9,502,000
	Dividends Payable	-	-	-	-	-	-	-	-	-
	Retained Profit	£5,651,000	-16.9%	£6,797,000	999.9%	£314,000	-95%	£6,255,000	-34.2%	£9,502,000

Balance Sheet

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Tangible Assets	£9,166,000	243.7%	£2,667,000	-0.1%	£2,670,000	-0.2%	£2,676,000	999.9%	£10,000
	Intangible Assets	£5,434,000	24.8%	£4,355,000	-22.6%	£5,625,000	-64.2%	£15,703,000	-8.4%	£17,150,000
	Total Fixed Assets	£14,600,000	107.9%	£7,022,000	-15.3%	£8,295,000	-54.9%	£18,379,000	7.1%	£17,160,000
	Stock	0	-	0	-	0	-	0	-	0
	Trade Debtors	£3,156,000	-1.2%	£3,193,000	-24.8%	£4,248,000	-8.6%	£4,650,000	82.6%	£2,546,000
	Cash	£9,000	80%	£5,000	25%	£4,000	-	0	-100%	£11,000
	Other Debtors	£279,123,000	-8.5%	£305,101,000	2.7%	£297,022,000	1.9%	£291,518,000	15.9%	£251,457,000
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£282,288,000	-8.4%	£308,299,000	2.3%	£301,274,000	1.7%	£296,168,000	16.6%	£254,014,000
	Trade Creditors	£292,000	-50.7%	£592,000	78.9%	£331,000	72.4%	£192,000	-47.5%	£366,000
	Bank Loans & Overdrafts	0	-	0	-	0	-100%	£1,000	-	0
	Other Short Term Finance	£345,000	-98.6%	£25,382,000	-14.7%	£29,742,000	-15.3%	£35,102,000	999.9%	£794,000
	Miscellaneous Current Liabilities	£9,754,000	-5.5%	£10,320,000	42%	£7,266,000	-1%	£7,336,000	68.5%	£4,353,000
	Total Current Liabilities	£10,391,000	-71.4%	£36,294,000	-2.8%	£37,339,000	-12.4%	£42,631,000	673.3%	£5,513,000
	Bank Loans & Overdrafts and LTL	£2,124,000	-	0	-	0	-100%	£1,000	-	0
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	£2,124,000	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Called Up Share Capital	-	-	-	-	-	-	-	-	-
	P & L Account Reserve	£29,270,000	23.9%	£23,619,000	40.4%	£16,822,000	1.9%	£16,508,000	61%	£10,253,000
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£255,103,000	-0.1%	£255,408,000	-	£255,408,000	-	£255,408,000	-	£255,408,000
	Shareholder Funds	£284,373,000	1.9%	£279,027,000	2.5%	£272,230,000	0.1%	£271,916,000	2.4%	£265,661,000

Other Financial Items

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Net Worth	£278,939,000	1.6%	£274,672,000	3%	£266,605,000	4.1%	£256,213,000	3.1%	£248,511,000
	Working Capital	£271,897,000	0%	£272,005,000	3.1%	£263,935,000	4.1%	£253,537,000	2%	£248,501,000
	Total Assets	£296,888,000	-5.8%	£315,321,000	1.9%	£309,569,000	-1.6%	£314,547,000	16%	£271,174,000
	Total Liabilities	£12,515,000	-65.5%	£36,294,000	-2.8%	£37,339,000	-12.4%	£42,631,000	673.3%	£5,513,000
	Net Assets	£284,373,000	1.9%	£279,027,000	2.5%	£272,230,000	0.1%	£271,916,000	2.4%	£265,661,000

Cash Flow

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	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
	Capital Employed	£286,497,000	2.7%	£279,027,000	2.5%	£272,230,000	0.1%	£271,916,000	2.4%	£265,661,000
	Number of Employees	38	-5%	40	17.6%	34	25.9%	27	8%	25
	Accountants
	Auditors	DELOITTE LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BARCLAYS BANK PLC
	Bank Branch Code	20-00-00

Ratios

	Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
	Pre-tax profit margin %	49.31	88.63	7.85	107.43	40.76
	Current ratio	27.17	8.49	8.07	6.95	46.08
	Sales/Net Working Capital	0.06	0.04	0.04	0.03	0.09
	Gearing %	0.70	0	0	0	0
	Equity in %	97.60	89.70	89.60	91	104.60
	Creditor Days	6.54	20.71	12.67	8.62	5.79
	Debtor Days	70.70	111.75	162.71	208.96	40.33
	Liquidity/Acid Test	27.16	8.49	8.06	6.94	46.07
	Return On Capital Employed %	2.79	3.30	0.27	3.20	3.52
	Return On Total Assets Employed %	2.69	2.92	0.24	2.76	3.45
	Current Debt Ratio	0.03	0.13	0.13	0.15	0.02
	Total Debt Ratio	0.04	0.13	0.13	0.15	0.02
	Stock Turnover Ratio %	-	-	-	-	-
	Return on Net Assets Employed %	2.81	3.30	0.27	3.20	3.52

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
02/12/2015	New Board Member Mrs S.E. Mussenden appointed
02/12/2015	New Board Member Mr S.R. Bane appointed
02/12/2015	New Board Member Mr G.W. Fullelove appointed
06/11/2015	Annual Returns
12/07/2015	New Accounts Filed
04/06/2015	Change in Reg.Office
04/06/2015	Change of Company Postcode
04/03/2015	New Board Member Mr R.J. Hopley appointed
29/11/2014	Annual Returns
14/07/2014	New Accounts Filed
27/02/2014	Ms E.L. Martin has resigned as company secretary
06/01/2014	Mr A.C. Walker has left the board
06/01/2014	Mr P.S. Rigby has left the board
10/12/2013	Annual Returns
14/06/2013	New Accounts Filed

Previous Company Names

Date	Previous Name
05/12/2003	IIR GRAPHEX LIMITED
15/11/1994	TICKCRAFT LIMITED

Writ Details

No writs found

Statistics

Group	62 companies
Linkages	29 companies
Countries	In 3 countries

Summary

Holding Company	IIR MANAGEMENT LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	INFORMA PLC

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
INFORMA PLC	08860726	31.12.2014	Y	£1,137,000,000
INFORMA FINANCE GMBH	N/A	-	-
INFORMA FINANCE UK L...	08774672	31.12.2014	N	£9,935,000
INFORMA SWITZERLAND LTD	N/A	-	-
INFORMA GROUP HOLDIN...	06943331	31.12.2014	N
INFORMA GROUP PLC	03099067	31.12.2014	N
AGRA INFORMA LIMITED	00746465	31.12.2014	N
AGRA CEAS CONSU...	01952298	31.12.2014	N	£379,016
INFORMA TELECOMS...	00991704	31.12.2014	N	£42,104,000
IBC (TEN) LIMITED	01844717	31.12.2014	N
DATAMONITOR LIMITED	02306113	31.12.2014	N	£24,828,000
EBENCHMARKERS L...	04159695	31.12.2014	N	£3,928,000
OVUM LIMITED	03068678	31.12.2013	N
PROGRESSIVE DIG...	01813905	31.12.2014	N	£3,611,505
INFORMA QUEST LIM...	03849195	31.12.2014	N
INFORMA HOLDINGS...	03849198	31.12.2014	N
CITYSCAPE EXHIB...	08790203	31.12.2014	N
IBC FOURTEEN LI...	03119071	31.12.2014	N
INFORMA UK LIMITED	01072954	31.12.2014	N	£339,527,000
PHILLIPS MCDO...	SC417539	30.06.2013	N
FERTECON LIMITED	01383523	31.12.2013	N	£4,065,343
AFTERHURST LI...	01609566	31.12.2014	N	£5,821,000
W S MANEY & S...	01922017	31.12.2014	N	£7,652,473
MANEY PUBLI...	00513919	31.12.2014	N
ROUTLEDGE BOO...	03177762	31.12.2014	N
TAYLOR & FR...	03215483	31.12.2014	N	£2,074,000
INFORMA FINAL...	03267900	31.12.2014	N
LLP LIMITED	03610056	31.12.2014	N
TAYLOR & FRAN...	03674840	31.12.2014	N	£144,000
APPS WORLD EV...	06715042	31.12.2013	N	£2,515,957
COGENT OA LIM...	08695287	31.12.2014	N
PSYCHOLOGY PR...	08695493	31.12.2014	N
LION LEGAL PU...	09811951	-	N
AMIS GLOBAL L...	SC214670	30.06.2013	N
INFORMA THREE LIM...	04595951	31.12.2014	N
T&F INFORMA ONE L...	05194742	31.12.2013	N
INFORMA DAP LIM...	06890155	31.12.2013	N
TAYLOR & FRAN...	02280993	31.12.2014	N
MARTIN DUNI...	01344696	31.12.2014	N
PSYCHOLOGY...	01493044	31.12.2013	N
TAYLOR & FR...	00314578	31.12.2014	N
T & F INFORMA TWO...	05232106	31.12.2013	N
INFORMA INVESTMEN...	05557980	31.12.2014	N
INFORMA OVERSEAS...	05845568	31.12.2014	N
INFORMA US HOLDIN...	09319013	-	N
IIR HOLDINGS LTD	N/A	-	-
INSTITUTE FOR I...	33200358	-	N
IIR (U.K. HOL...	02748477	31.12.2014	N
I.I.R. LIMITED	01835199	31.12.2014	N	£68,477,000
IIR MANAGEMEN...	02922734	31.12.2014	N
IIR EXHIBIT...	02972059	31.12.2014	N	£16,248,000
E-HEALTH...	04214439	31.12.2014	N	£2,025,962
INFORMA E...	05202490	31.12.2014	N	£872,653
DESIGN JU...	07634779	30.06.2013	N
CORPORATE C...	03675676	31.12.2014	N	£7,870,000
IBC INFORMA LIMITED	01915607	31.12.2014	N
INFORMA GLOBAL MA...	N/A	-	-
INFORMA GLOBAL...	03094797	31.12.2014	N	£11,186,000
INFORMA SIX LIMITED	04606229	31.12.2014	N
INFORMA USA		-	-
IBC (TWELVE) LI...	03007085	31.12.2014	N
INFORMA FINANCE USA...	08940353	31.12.2014	N

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
TAYLOR & FRANCIS AB	5564228087	31.12.2014	12,683 KSEK
INFORMA FINANCE B.V.	17095751	-
IIR SOUTH AFRICA B.V.	33285536	-
SAGIENT RESEARCH SYSTEMS, INC		-	$1,400,000
ZEPHYR ASSOCIATES, INC		-
INFORMA RESEARCH SERVICES INC		-	$490,000
THE FORUM CORP		-	$40,000,000
DATAMONITOR, INC		-
SUMMIT STRATEGIES, INC		-	$2,100,000
INFORMA HEALTHCARE		-	$120,000
CITELINE, INC		-	$168,000
OVUM, INC		-	$2,388,000
AGRA INFORMA, INC		-
INFORMA ECONOMICS, INC		-	$86,000
TAYLOR & FRANCIS GROUP, LLC		-
EMERGING PORTFOLIO FUND RESEARCH, INC		-	$1,764,000
ESI INTERNATIONAL, INC		-	$691,000
LIFE SCIENCE ANALYTICS INC		-
INFORMA FINANCIAL INFORMATION, INC		-	$1,048,000
MARCEL DEKKER, INC		-	$20,000,000

Mortgage Details

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	23/05/05
Date Charge Registered:	07/06/05
Date Charge Satisfied:	15/04/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS 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:	GUARANTEE & DEBENTURE
Date Charge Created:	26/03/01
Date Charge Registered:	06/04/01
Date Charge Satisfied:	15/04/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS 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:	DEED OF CHARGE OVER CREDIT BALANCES
Date Charge Created:	02/09/97
Date Charge Registered:	18/09/97
Date Charge Satisfied:	15/04/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC;
Amount Secured:
Details:	ACCOUNT NUMBER 00019089THE CHARGE CREATES A FIXED CHARGE OVER ALL THE DEPOSIT(S) REFERRED TO IN THE SCHEDULE TO THE FORM 395 (INCLUDING ALL ORANY PART OF THE MONEY PAYABLE PURSUANT TO SUCH DEPOSIT(S) AND THE DEBTS REPRESENTED THEREBY) TOGETHER WITH ALL INTERESTFROM TIME TO TIME ACCRUING THEREON IT ALSO CREATES AN ASSIGNMENT BY THE CHARGORFOR THE PURPOSES OF AND TO GIVE EFFECT TO THE SECURITY OVER THE RIGHT OF THE CHARGOR TO REQUIRE REPAYMENT OF SUCH DEPOSIT(S) AND INTEREST THEREON
Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	26/08/96
Date Charge Registered:	13/09/96
Date Charge Satisfied:	15/04/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS 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 MACHINERYSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

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	2	£11,406
Company Name		Amount	Statement Date
Running Man Publishing Limited		£8,122	03/11/2009
K2 International Trading Limited		£3,284	22/05/2014

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Emily Louise Martin	0	1
Rachel Elizabeth Jacobs	101	109
David Stuart Gilbertson	37	187
Jillian Denise Hadow	6	20
Jillian Denise Hadow	6	20
Iain Boyd Melville	0	13
Robert Bruce MacKenzie	12	14
Paul Anthony Ash	21	33
Joanna Elizabeth Tucker	0	8
Rodger Leslie Stanton	7	13
David Derek Wood	8	15
Mark Xavier Jackson	0	10
Christopher John Seel	2	16
Peter Stephen Rigby	177	87
Andrea Mary Callaby	21	113
Mark Henry Kerswell	68	116
Albert Bastiaan Ter Balkt	4	21
Andrew Rayner Jennings	2	18
Andrew Rayner Jennings	2	18
Bruce Alexander Hall	19	18
Bruce Alexander Hall	19	18
Anthony Martin Foye	71	182
Christopher William Percy Maybury	14	15
John William Burton	66	104
Sonia Anna Richmond	0	153
Adam Christopher Walker	120	104
HALLMARK REGISTRARS LIMITED	740	31063
HALLMARK SECRETARIES LIMITED	760	31741
Average Invoice Value		n/a
Invoices available		n/a
Paid		n/a
Outstanding		n/a

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
Outstanding

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.98.90

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

INFORMATION DETAILS

Analysis Done by :	KAR
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%)

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.