|
Report No. : |
306149 |
|
Report Date : |
02.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
THOMAS SWAN & CO. LIMITED |
|
|
|
|
Registered Office : |
Administration Offices Rotary Way Consett DH8 7ND |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
31.12.1925 |
|
|
|
|
Com. Reg. No.: |
00210794 |
|
|
|
|
Legal Form : |
Private Limited With Share Capital |
|
|
|
|
Line of Business : |
Manufacture of Other Inorganic Basic Chemicals.
|
|
|
|
|
No. of Employee : |
165 |
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 : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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. Over the past two decades, the government has greatly reduced public ownership. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, 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; these included nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 largely due to the euro-zone debt crisis. 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 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of £375 billion (approximately $605 billion) as of December 2013. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the second half of the year because of greater consumer spending and a recovering housing market. The budget deficit is falling but remains high at nearly 7% and public debt has continued to increase.
|
Source
: CIA |
THOMAS
SWAN & CO. LIMITED
|
Company No: |
00210794 |
|
Registered Address: |
ADMINISTRATION OFFICES |
|
|
ROTARY WAY |
|
|
CONSETT |
|
|
DH8 7ND |
|
Registered Address |
ADMINISTRATION OFFICES |
Trading Address |
Administration Offices |
|
|
ROTARY WAY |
|
Rotary Way |
|
|
CONSETT |
|
Consett |
|
|
DH8 7ND |
|
County Durham |
|
|
|
|
DH8 7ND |
|
Website Address |
|
|
|
|
Telephone Number |
01207505131 |
Fax Number |
|
|
TPS |
Yes |
FPS |
No |
|
Incorporation Date |
31/12/1925 |
|
|
|
Previous Name |
|
Type |
Private limited with Share Capital |
|
|
|
FTSE Index |
- |
|
Date of Change |
- |
Filing Date of Accounts |
16/12/2014 |
|
Currency |
GBP |
Share Capital |
£38,000 |
|
SIC07 |
20130 |
Charity Number |
- |
|
SIC07 Description |
Manufacture Of Other Inorganic
Basic Chmicals |
|
|
|
Principal Activity |
A group engaged in
manufacture and sale of industrial and
fine chemicals and research. |
|
|
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31/03/2014 |
£25,350,393 |
£225,070 |
£14,443,580 |
165 |
|
31/03/2013 |
£25,079,721 |
£796,711 |
£14,357,980 |
159 |
|
31/03/2012 |
£27,085,951 |
£3,413,288 |
£14,423,895 |
148 |
|
MORTGAGE
SUMMARY |
|
|
Total Mortgage |
10 |
|
Outstanding |
2 |
|
Satisfied |
8 |
|
TRADE
DEBTORS / BAD DEBT SUMMARY |
|
|
|
Total Number of Documented Trade |
|
0 |
|
Total Value of Documented Trade |
|
£0 |
No exact match CCJs are
recorded against the company.
Sales in the latest trading
period increased 1.1% on the previous
trading period. Net Worth increased by 1.2%
during the latest trading period. The audit
report contains no adverse comments.
No recent changes in
directorship are recorded.
A 5.1% decline in Total
Assets occurred during the latest trading
period.
Pre-tax profits decreased by
71.8% compared to the previous trading
period.
The company saw a decrease
in their Cash Balance of 39.2% during
the latest trading period.
The company is part of a
group.
The company was established
over 89 years ago.
|
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 - |
- |
|
|
DBT |
|
|
8 |
Payment Trend |
|
Stable |
|
Industry DBT |
|
|
6 |
Within Terms |
|
|
|
Number of Experiences |
|
|
- |
|
|
|
|
|
Within Terms |
0-30 Days |
|
31-60 Days |
61-90 Days |
91+ Days |
|
Paid |
134 |
86 |
10 |
|
5 |
1 |
|
Outstanding |
0 |
4 |
0 |
|
0 |
1 |
The last enquiry date was
29/01/2015
There have been 96 enquiries
in the last 12 months.
There are an average of
8 reports taken each month.
|
|
3 MONTHS |
6 MONTHS |
9 MONTHS |
|
Enquiries |
32 |
55 |
76 |
|
Total Current Directors |
6 |
|
|
|
Total Current Secretaries |
1 |
|
|
|
Total Previous Directors /
Company Secretaries |
9 |
|
|
|
Name |
Ian George Bonas |
Date of Birth |
13/07/1942 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
01/01/1997 |
|
|
|
Address |
Administration Offices,, Crookhall,
Consett, County Durham, DH8 7ND |
||
|
Name |
David Paul Gresham |
Date of Birth |
24/07/1948 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
09/02/2006 |
|
|
|
Address |
Administration Offices,, Crookhall,
Consett, County Durham, DH8 7ND |
||
|
Name |
Thomas Macklyn Swan |
Date of Birth |
07/05/1942 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
7 |
Function |
Director |
|
Appointment Date |
28/12/1990 |
|
|
|
Address |
Administration Offices,, Crookhall,
Consett, County Durham, DH8 7ND |
||
|
Name |
David Mitchell Cavet |
Date of Birth |
13/06/1964 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
25/06/1998 |
|
|
|
Address |
Administration Offices,, Crookhall,
Consett, County Durham, DH8 7ND |
||
|
Name |
Harry Macklyn Swan |
Date of Birth |
07/01/1976 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
06/04/2006 |
|
|
|
Address |
|
Administration Offices,, Crookhall,
Consett, County Durham, DH8 7ND |
|
|
Name |
Ernest Arthur Richardson |
Date of Birth |
01/01/1950 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
03/08/2010 |
|
|
|
Address |
|
Administration Building Rotary
Way, Consett, Co Durham, DH8 7ND |
|
|
Name |
David Mitchell Cavet |
Date of Birth |
13/06/1964 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Company Secretary |
|
Appointment Date |
05/10/2005 |
|
|
|
Address |
5 Briar Vale, West Monkseaton,
Tyne & Wear, NE25 9AZ |
|
|
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
THOMAS SWAN |
GBP |
9,800 |
ORDINARY D |
1 |
25.79 |
|
THOMAS MACKLYN SWAN |
GBP |
9,800 |
ORDINARY A |
1 |
25.79 |
|
THOMAS MACKLYN SWAN |
GBP |
4,900 |
ORDINARY E |
1 |
12.89 |
|
THOMAS MACKLYN SWAN |
GBP |
4,900 |
ORDINARY B |
1 |
12.89 |
|
CASA CHEMICALS LTD |
GBP |
4,300 |
ORDINARY F |
1 |
11.32 |
|
CASA CHEMICALS LTD |
GBP |
4,300 |
ORDINARY C |
1 |
11.32 |
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
|
Turnover |
£25,350,393 |
1.1% |
£25,079,721 |
-7.4% |
£27,085,951 |
12.6% |
£24,065,234 |
14.3% |
£21,057,878 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£20,086,759 |
4.6% |
£19,203,652 |
-1.6% |
£19,514,118 |
7.5% |
£18,155,311 |
12% |
£16,206,077 |
|
Gross Profit |
£5,263,634 |
-10.4% |
£5,876,069 |
-22.4% |
£7,571,833 |
28.1% |
£5,909,923 |
21.8% |
£4,851,801 |
|
Wages & Salaries |
£7,042,285 |
6.6% |
£6,604,565 |
4.3% |
£6,329,713 |
12.3% |
£5,636,669 |
7.6% |
£5,238,038 |
|
Directors |
|
|
|
|
|
|
|
|
|
|
|
£541,592 |
7.4% |
£504,099 |
1% |
£499,009 |
5.3% |
£473,831 |
-17.9% |
£577,239 |
|
Emoluments |
|
|
|
|
|
|
|
|
|
|
Operating Profit |
£224,484 |
-84% |
£1,400,074 |
-59% |
£3,414,237 |
98.3% |
£1,722,028 |
42.9% |
£1,205,003 |
|
Depreciation |
£920,178 |
27.8% |
£719,796 |
15.5% |
£623,384 |
9.9% |
£567,297 |
7.4% |
£528,112 |
|
Audit Fees |
£25,000 |
- |
£25,000 |
- |
£25,000 |
2% |
£24,500 |
4.3% |
£23,500 |
|
Interest Payments |
£2,148 |
2.9% |
£2,087 |
-51.8% |
£4,326 |
-76.4% |
£18,359 |
-11.8% |
£20,825 |
|
Pre Tax Profit |
£225,070 |
-71.8% |
£796,711 |
-76.7% |
£3,413,288 |
134.7% |
£1,454,397 |
-10.2% |
£1,618,778 |
|
Taxation |
-£79,532 |
82% |
-£440,766 |
12.7% |
-£504,623 |
-961.6% |
-£47,534 |
-108.8% |
£537,785 |
|
Profit After Tax |
£145,538 |
-59.1% |
£355,945 |
-87.8% |
£2,908,665 |
106.7% |
£1,406,863 |
-34.8% |
£2,156,563 |
|
Dividends Payable |
- |
-100% |
£450,000 |
80% |
£250,000 |
11.1% |
£225,000 |
- |
- |
|
Retained Profit |
£145,538 |
254.7% |
-£94,055 |
-103.5% |
£2,658,665 |
125% |
£1,181,863 |
-45.2% |
£2,156,563 |
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
|
|
|
|
|
|
|
|
|
Tangible Assets |
£7,511,377 |
8.5% |
£6,924,278 |
2.7% |
£6,740,154 |
33.2% |
£5,058,735 |
-2.1% |
£5,166,565 |
|
Intangible Assets |
£340,751 |
-18.4% |
£417,522 |
-15.5% |
£494,261 |
-13.4% |
£571,011 |
-11.9% |
£647,788 |
|
Total Fixed |
|
|
|
|
|
|
|
|
|
|
|
£7,852,128 |
7% |
£7,341,800 |
1.5% |
£7,234,415 |
28.5% |
£5,629,746 |
-3.2% |
£5,814,353 |
|
Assets |
|
|
|
|
|
|
|
|
|
|
Stock |
£3,342,323 |
1% |
£3,308,435 |
14.5% |
£2,888,680 |
-11.9% |
£3,278,046 |
47% |
£2,230,577 |
|
Trade Debtors |
£3,987,581 |
-8.6% |
£4,361,566 |
42.2% |
£3,067,879 |
-18.6% |
£3,768,058 |
-0.1% |
£3,770,807 |
|
Cash |
£1,923,292 |
-39.2% |
£3,162,621 |
-29.7% |
£4,501,330 |
84.2% |
£2,444,141 |
38.6% |
£1,763,460 |
|
Other Debtors |
£1,504,273 |
4.8% |
£1,435,106 |
-26.4% |
£1,950,198 |
89.7% |
£1,027,801 |
1.8% |
£1,009,889 |
|
Miscellaneous |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£10,757,469 |
-12.3% |
£12,267,728 |
-1.1% |
£12,408,087 |
18% |
£10,518,046 |
19.9% |
£8,774,733 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£6,130 |
-43.3% |
£10,804 |
-49.7% |
£21,467 |
-47.9% |
£41,178 |
-37.5% |
£65,904 |
|
Miscellaneous Current Liabilities |
£1,915,048 |
-20.4% |
£2,407,116 |
15.2% |
£2,089,201 |
11.3% |
£1,876,583 |
28.9% |
£1,455,765 |
|
Total Current Liabilities |
£4,166,017 |
20.6% |
£5,245,418 |
0.8% |
£5,201,673 |
19.6% |
£4,349,786 |
11.4% |
£3,905,392 |
|
Bank Loans & Overdrafts and LTL |
0 |
-100% |
£6,130 |
-63.8% |
£16,934 |
-55.7% |
£38,251 |
-51.7% |
£79,134 |
|
Other Long Term Finance |
0 |
-100% |
£6,130 |
-63.8% |
£16,934 |
-55.7% |
£38,251 |
-51.7% |
£79,134 |
|
Total Long Term Liabilities |
0 |
-100% |
£6,130 |
-63.8% |
£16,934 |
-55.7% |
£38,251 |
-51.7% |
£79,134 |
CAPITAL & RESERVES
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Called Up Share Capital |
£38,000 |
- |
£38,000 |
- |
£38,000 |
- |
£38,000 |
100% |
£19,000 |
|
P & L Account Reserve |
£14,404,580 |
0.6% |
£14,318,980 |
-0.5% |
£14,384,895 |
22.7% |
£11,720,755 |
10.7% |
£10,584,560 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
- |
£1,000 |
|
Shareholder Funds |
£14,443,580 |
0.6% |
£14,357,980 |
-0.5% |
£14,423,895 |
22.7% |
£11,759,755 |
10.9% |
£10,604,560 |
OTHER FINANCIAL ITEMS
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
|
|
|
|
|
|
|
|
|
Net Worth |
£14,102,829 |
1.2% |
£13,940,458 |
0.1% |
£13,929,634 |
24.5% |
£11,188,744 |
12.4% |
£9,956,772 |
|
Working Capital |
£6,591,452 |
-6.1% |
£7,022,310 |
-2.6% |
£7,206,414 |
16.8% |
£6,168,260 |
26.7% |
£4,869,341 |
|
Total Assets |
£18,609,597 |
-5.1% |
£19,609,528 |
-0.2% |
£19,642,502 |
21.6% |
£16,147,792 |
10.7% |
£14,589,086 |
|
Total Liabilities |
£4,166,017 |
-20.7% |
£5,251,548 |
0.6% |
£5,218,607 |
18.9% |
£4,388,037 |
10.1% |
£3,984,526 |
|
Net Assets |
£14,443,580 |
0.6% |
£14,357,980 |
-0.5% |
£14,423,895 |
22.7% |
£11,759,755 |
10.9% |
£10,604,560 |
CASH FLOW
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
Net Cashflow from Operations |
£675,966 |
-12.8% |
£775,505 |
-83.5% |
£4,686,580 |
156.2% |
£1,829,514 |
199.7% |
£610,380 |
|
Net Cashflow before Financing |
-£1,228,525 |
6.7% |
-£1,317,242 |
-162.8% |
£2,098,217 |
181.2% |
£746,290 |
-57.8% |
£1,768,005 |
|
Net Cashflow from Financing |
-£10,804 |
49.7% |
-£21,467 |
47.7% |
-£41,028 |
37.5% |
-£65,609 |
81.1% |
-£346,553 |
|
Increase in Cash |
-£1,239,329 |
7.4% |
-£1,338,709 |
-165.1% |
£2,057,189 |
202.2% |
£680,681 |
-52.1% |
£1,421,452 |
MISCELLANEOUS
|
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- YES |
|
Capital Employed |
£14,443,580 |
0.6% |
£14,364,110 |
-0.5% |
£14,440,829 |
22.4% |
£11,798,006 |
10.4% |
£10,683,694 |
|
Number of Employees |
165 |
3.8% |
159 |
7.4% |
148 |
8.8% |
136 |
9.7% |
124 |
Auditors KPMG LLP
Auditor Comments The audit report contains no adverse comments
Bankers HSBC BANK PLC
Bank Branch Code 40-00-00
RATIOS
|
Date
Of Accounts |
31/03/14 |
31/03/13 |
31/03/12 |
31/03/11 |
31/03/10 |
|
Pre-tax profit margin % |
0.89 |
3.18 |
12.60 |
6.04 |
7.69 |
|
Current ratio |
2.58 |
2.34 |
2.39 |
2.42 |
2.25 |
|
Sales/Net Working Capital |
3.85 |
3.57 |
3.76 |
3.90 |
4.32 |
|
Gearing % |
0 |
0 |
0.10 |
0.30 |
0.70 |
|
Equity in % |
79.10 |
74.80 |
75.30 |
75.50 |
76.10 |
|
Creditor Days |
32.23 |
41.03 |
41.53 |
36.78 |
41.20 |
|
Debtor Days |
57.25 |
63.30 |
41.22 |
56.99 |
65.18 |
|
Liquidity/Acid Test |
1.77 |
1.70 |
1.83 |
1.66 |
1.67 |
|
Return On Capital Employed % |
1.55 |
5.54 |
23.63 |
12.32 |
15.15 |
|
Return On Total Assets Employed % |
1.20 |
4.06 |
17.37 |
9 |
11.09 |
|
Current Debt Ratio |
0.28 |
0.36 |
0.36 |
0.36 |
0.36 |
|
Total Debt Ratio |
0.28 |
0.36 |
0.36 |
0.37 |
0.37 |
|
Stock Turnover Ratio % |
13.18 |
13.19 |
10.66 |
13.62 |
10.59 |
|
Return on Net Assets Employed % |
1.55 |
5.54 |
23.66 |
12.36 |
15.26 |
There are no notes to display.
No Status History found
|
Date |
Description |
|
28/01/2015 |
Annual Returns |
|
02/01/2015 |
New Accounts Filed |
|
08/01/2014 |
Annual Returns |
|
24/12/2013 |
New Accounts Filed |
|
30/01/2013 |
Annual Returns |
|
01/01/2013 |
New Accounts Filed |
|
27/01/2012 |
Annual Returns |
|
30/12/2011 |
New Accounts Filed |
|
28/01/2011 |
Annual Returns |
|
30/12/2010 |
New Accounts Filed |
|
30/12/2010 |
New Accounts Filed |
|
16/08/2010 |
New Board Member Mr E.A.
Richardson appointed |
|
12/08/2010 |
New Board Member Mr E.
Richardson appointed |
|
11/02/2010 |
New Accounts Filed |
|
11/02/2010 |
New Accounts Filed |
|
RATING
HISTORY |
|
|
|
Date |
Rating |
Description |
|
03/01/2015 |
81 |
Very Low Risk |
|
13/10/2014 |
87 |
Very Low Risk |
|
24/08/2014 |
81 |
Very Low Risk |
|
A new rating system was
introduced on 24/08/2014. |
||
|
05/11/2013 |
94 |
Very Low Risk |
|
29/01/2013 |
96 |
Very Low Risk |
|
01/12/2012 |
92 |
Very Low Risk |
|
30/12/2010 |
97 |
Very Low Risk |
|
04/12/2010 |
83 |
Very Low Risk |
|
12/08/2010 |
82 |
Very Low Risk |
|
11/02/2010 |
65 |
Low Risk |
|
Date |
Limit |
|
03/01/2015 |
£860,000 |
|
13/10/2014 |
£915,000 |
|
24/08/2014 |
£855,000 |
|
A new rating system was
introduced on 24/08/2014. |
|
|
24/12/2013 |
£250,000 |
|
05/11/2013 |
£355,000 |
|
29/01/2013 |
£365,000 |
|
01/01/2013 |
£350,000 |
|
01/12/2012 |
£190,000 |
|
30/12/2011 |
£200,000 |
|
30/12/2010 |
£170,000 |
No Previous Names found
No writs found
|
STATISTICS |
|
Summary |
|
|
Group |
5 companies |
Holding Company |
THOMAS SWAN & CO.LIMITED |
|
Linkages |
0 companies |
Ownership Status |
Ultimately Owned |
|
Countries |
In 0 countries |
Ultimate Holding Company |
THOMAS SWAN & CO.LIMITED |
|
Company
Name |
Safe
Number |
Registered
Number |
Latest
Key |
Financials
Consol. |
Accounts
Rating Limit |
Turnover |
|
|
|
|
|
|
|
|
|
THOMAS SWAN & CO.LIMITED |
UK00035334 |
00210794 |
31.03.2014 |
Y |
81 |
£860,000£25,350,393 |
|
ORSYNETICS LIMITED |
UK01004033 |
01334694 |
31.03.2014 |
N |
73 |
£25,000 |
|
ORGANIC SPECIALITIES L... |
UK02714609 |
03055163 |
31.03.2014 |
N |
81 |
£1,000 |
|
CYGNET IMAGES LIMITED |
UK04438686 |
04791989 |
31.03.2014 |
N |
94 |
£1,000 |
|
CAMBRIDGE PHOTONICS LI... |
UK03729666 |
04078372 |
31.03.2014 |
N |
60 |
£500 |
|
Mortgage Details |
|
|
Mortgage Type: |
LEGAL MORTGAGE |
|
Date Charge Created: |
09/01/08 |
|
Date Charge Registered: |
15/01/08 |
|
Date Charge Satisfied: |
10/06/11 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
HSBC BANK PLC |
|
Amount Secured: |
F/H UNIT 1A CROWN BUSINESS PARK CROWN WAY RUSHDENWITH THE BENEFIT OF ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY |
|
Mortgage Type: |
FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST |
|
Date Charge Created: |
02/06/06 |
|
Date Charge Registered: |
06/06/06 |
|
Date Charge Satisfied: |
10/06/11 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER") |
|
Amount Secured: |
|
|
Details: |
BY WAY OF FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO ANAGREEMENT FOR THE PURCHASE OF DEBTS BETWEEN THE SECURITY HOLDER AND THE COMPANY(INCLUDING ASSOCIATED RIGHTS RELATING THERETO) WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE SECURITY HOLDER FOR ANY REASON |
|
Mortgage Type: |
CHATTEL MORTGAGE |
|
Date Charge Created: |
01/03/02 |
|
Date Charge Registered: |
01/03/02 |
|
Date Charge Satisfied: |
10/06/11 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED |
|
Amount Secured: |
|
|
Details: |
BABCOCK WANSON THERMAL FLUID HEATER S/NO 00-88-02501-AF5009, KYLMAKEKUS COOLINGUNIT S/NO30000409, MANNESMAN HYDRAULIC POWER UNIT S/NO AHA631-1326 (FOR FURTHERCHATTELS DETAILS PLEASE REFER TO FORM 395)SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
|
Mortgage Type: |
FLOATING CHARGE |
|
Date Charge Created: |
06/11/01 |
|
Date Charge Registered: |
08/11/01 |
|
Date Charge Satisfied: |
10/06/11 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
HALIFAX PLC T/A BIRMINGHAM MIDSHIRES COMMERCIAL |
|
Amount Secured: |
|
|
Details: |
ALLWHATSOEVER AND WHERESOEVER PRESENT AND/OR FUTUREUNDERTAKING AND ALL PROPERTY AND ASSETS |
|
Mortgage Type: |
LEGAL CHARGE |
|
Date Charge Created: |
06/11/01 |
|
Date Charge Registered: |
08/11/01 |
|
Date Charge Satisfied: |
10/06/11 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
HALIFAX PLC T/A BIRMINGHAM MIDSHIRES COMMERCIAL |
|
Amount Secured: |
|
|
Details: |
L/H PROPERTY K/A PENTHOUSE FLAT NO. 2 PARLIAMENT VIEW
ALBERT EMBANKMENT SE1 TOGETHER WITH ALL BUILDINGS ERECTIONS FIXTURES FITTINGS
AND FIXED PLANT AND MACHINERY |
|
Mortgage Type: |
DEBENTURE |
|
Date Charge Created: |
04/06/99 |
|
Date Charge Registered: |
18/06/99 |
|
Date Charge Satisfied: |
- |
|
Status: |
OUTSTANDING |
|
Person(s) Entitled: |
MIDLAND BANK PLC |
|
Amount Secured: |
ALL MONIES DUE OR
TO BECOME DUE FROM THE COMPANY TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details: |
FIXED AND FLOATING
CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE
INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURESFIXED PLANT AND MACHINERY |
|
|
|
|
Mortgage Type: |
LEGAL CHARGE |
|
Date Charge Created: |
13/06/84 |
|
Date Charge Registered: |
22/06/84 |
|
Date Charge Satisfied: |
15/11/00 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
DURHAM COUNTY COUNCIL. |
|
Amount Secured: |
£31,590.00 |
|
Details: |
0.27 OF AN ACRE OR
THEREABOUTS SITUATE AT CROOKHALL DURHAM. |
|
Mortgage Type: |
CHARGE |
|
Date Charge Created: |
13/06/83 |
|
Date Charge Registered: |
20/06/83 |
|
Date Charge Satisfied: |
15/11/00 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
MIDLAND BANK PLC |
|
Amount Secured: |
ALL MONIES DUE OR
TO BECOME DUE FROM THE COMPANY TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details: |
ALL BOOK DEBTS AND
OTHER DEBTS NOW AND FROM TIME TO
TIME HEREAFTER DUE OWING ORINCURRED TO
THE COMPANY. |
|
|
|
|
Mortgage Type: |
MORTGAGE |
|
Date Charge Created: |
10/10/74 |
|
Date Charge Registered: |
17/10/74 |
|
Date Charge Satisfied: |
- |
|
Status: |
OUTSTANDING |
|
Person(s) Entitled: |
MIDLAND BANK PLC |
|
Amount Secured: |
ALL MONIES DUE OR
TO BECOME DUE FROM THE COMPANY TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details: |
APPROX 16.255 ACRES AT
CROOKHALL CONSETT,COUNTY DURHAM WITH BUILDINGS
THEREON. TOGETHER WITH ALL FIXTURES. |
|
|
|
|
Mortgage Type: |
FLOATING CHARGE |
|
Date Charge Created: |
12/06/73 |
|
Date Charge Registered: |
03/07/73 |
|
Date Charge Satisfied: |
15/11/00 |
|
Status: |
SATISFIED |
|
Person(s) Entitled: |
MIDLAND BANK PLC |
|
Amount Secured: |
ALL MONIES DUE OR
TO BECOME DUE FROM THE COMPANY TO
THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
Details: |
FLOATING CHARGE ONPLS SEE DOC 83 FOR DETAILS UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL |
|
Name |
Current Directorships |
Previous Directorships |
|
Graham Joseph Blaker |
0 |
15 |
|
James Martin Combe Puckridge |
8 |
21 |
|
Norman Watson |
2 |
12 |
|
Norman Watson |
2 |
12 |
|
John George Carney |
6 |
7 |
|
Eric Millman Hunt |
2 |
2 |
|
David Christopher Hayward |
6 |
11 |
|
Stephen Christopher Lewinton |
6 |
5 |
|
Kerry Frederick Napuk |
3 |
13 |
|
Average Invoice Value |
£246.98 |
|
Invoices available |
241 |
|
Paid |
236 |
|
Outstanding |
5 |
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 |
134 |
86 |
10 |
5 |
1 |
|
Outstanding |
0 |
4 |
0 |
0 |
1 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
|
|
1 |
Rs.93.13 |
|
Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.