|
Report No. : |
308784 |
|
Report Date : |
18.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
UNICOLOUR LIMITED |
|
|
|
|
Registered Office : |
Tandem Works, Wakefield Road, Waterloo,
HD5 0AN |
|
|
|
|
Country : |
United Kingdome |
|
|
|
|
Financials (as on) : |
31.07.2013 |
|
|
|
|
Date of Incorporation : |
22.03.1984 |
|
|
|
|
Com. Reg. No.: |
01802229 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Subject |
|
|
|
|
No. of Employee : |
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 KINGDOME - 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 |
UNICOLOUR LIMITED
01802229
Active - Accounts Filed
TANDEM WORKS WAKEFIELD ROAD WATERLOO HD5 0AN
Registered
Address:
TANDEM WORKS
WAKEFIELD ROAD
WATERLOO
HD5 0AN
Trading
Address
Tandem Works
Wakefield Road
Tandem
Huddersfield, West Yorkshire
HD5 0AN
Website
Address http://www.unicolour.co.uk
Telephone
Number 01484516974
Fax
Number
TPS No
FPS No
Incorporation Date 22/03/1984
Previous Name GLADEVEER LIMITED
Type Private
limited with Share Capital
FTSE Index -
Date of Change 30/05/1984
Filing Date of
Accounts 16/01/2014
Currency GBP
Share Capital £50,000
SIC07 20120
Charity Number -
SIC07 Description MANUFACTURE OF DYES AND
PIGMENTS
Principal Activity Chemical merchants.
Year to Date Turnover Pre Tax Profit Shareholder Funds
Employees
31/07/2013 - - £773,270 –
31/07/2012 - - £732,369 -
31/07/2011 - - £724,321 -
Total Mortgage 1
Outstanding 1
Satisfied 0
Total Number of Documented Trade 0
Total Value of Documented Trade £0
|
This company has been treated as a Small company. |
|
This company has only made late payments on a low percentage of
invoices. |
|
The latest Balance Sheet indicates a very positive net working capital
position. |
|
The latest cash balances represent a positive level in terms of the
overall outstanding creditor obligations. |
|
There has been an increase in shareholders funds compared with the
previous balance sheet. |
|
This company trades in an industry with a moderate level of corporate
failures. |
|
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 - |
- |
Company DBT -
Payment Trend -
Worsening -
Customer Payment Experiences Within
terms 91+ Days
Number of Experiences
Customer Payment Experiences are supplied by Creditsafe users based on
their payment experience with their customers.
Trade Payment
Information
|
Average Invoice Value |
97.47 |
|
Invoices available |
112 |
|
Paid |
112 |
|
Outstanding |
0 |
Trade Payment Data is information that we collect from selected third
party partners who send us information about their whole sales ledger.
Total Current Directors 1
Total Current Secretaries 1
Total Previous Directors / Company Secretaries 2
|
Name |
Edward Michael Fair Gleason |
Date of Birth |
08/11/1949 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
04/12/1991 |
||
|
Address |
Tandem Works, Wakefield Road, Waterloo, Huddersfield, HD5 0AN |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
View Trace Report |
|||
|
Name |
Jillian Margaret Gleason |
Date of Birth |
- |
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Company Secretary |
|
Appointment Date |
21/01/1999 |
||
|
Address |
Tandem Works, Wakefield Road, Waterloo, Huddersfield, HD5 0AN |
||
|
Other Actions |
View Consumer Report |
View Trace Report |
|
|
Disqualified |
Disqualified End Date |
||
|
Disqualification Exception |
No |
||
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
JILLIAN MARGARET GLEASON |
GBP |
24,999 |
ORDINARY |
1 |
50 |
|
EDWARD MICHAEL FAIR GLEASON |
GBP |
25,001 |
ORDINARY |
1 |
50 |
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Gross Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Wages & Salaries |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Depreciation |
£17,113 |
87.2% |
£9,144 |
-8.9% |
£10,037 |
-6.6% |
£10,749 |
-8% |
£11,686 |
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Interest Payments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Pre Tax Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Profit After Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Tangible Assets |
£100,789 |
14.6% |
£87,954 |
-8% |
£95,599 |
-7.5% |
£103,404 |
-8.4% |
£112,880 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£100,789 |
14.6% |
£87,954 |
-8% |
£95,599 |
-7.5% |
£103,404 |
-8.4% |
£112,880 |
|
Stock |
£791,783 |
16.6% |
£679,136 |
14.9% |
£591,303 |
38% |
£428,631 |
2.7% |
£417,248 |
|
Trade Debtors |
£635,123 |
2.9% |
£617,071 |
-26.7% |
£841,483 |
59.4% |
£527,875 |
45.7% |
£362,311 |
|
Cash |
£478,235 |
319% |
£114,129 |
4.3% |
£109,467 |
-17.4% |
£132,574 |
561.7% |
£20,036 |
|
Other Debtors |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£1,905,141 |
35.1% |
£1,410,336 |
-8.6% |
£1,542,253 |
41.6% |
£1,089,080 |
36.2% |
£799,595 |
|
Trade Creditors |
£1,221,998 |
61.5% |
£756,484 |
-16.5% |
£905,741 |
68.2% |
£538,545 |
49.1% |
£361,175 |
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
0 |
-100% |
£2,175 |
- |
0 |
- |
0 |
- |
0 |
|
Miscellaneous Current Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Liabilities |
£1,221,998 |
61.1% |
£758,659 |
-16.2% |
£905,741 |
68.2% |
£538,545 |
49.1% |
£361,175 |
|
Bank Loans & Overdrafts and LTL |
£10,662 |
46.8% |
£7,262 |
-6.8% |
£7,790 |
-0.1% |
£7,799 |
- |
0 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
£10,662 |
46.8% |
£7,262 |
-6.8% |
£7,790 |
-0.1% |
£7,799 |
- |
0 |
.
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Called Up Share Capital |
£50,000 |
- |
£50,000 |
- |
£50,000 |
- |
£50,000 |
- |
£50,000 |
|
P & L Account Reserve |
£723,270 |
6% |
£682,369 |
1.2% |
£674,321 |
13.1% |
£596,140 |
18.9% |
£501,300 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£773,270 |
5.6% |
£732,369 |
1.1% |
£724,321 |
12.1% |
£646,140 |
17.2% |
£551,300 |
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Net Worth |
£773,270 |
5.6% |
£732,369 |
1.1% |
£724,321 |
12.1% |
£646,140 |
17.2% |
£551,300 |
|
Working Capital |
£683,143 |
4.8% |
£651,677 |
2.4% |
£636,512 |
15.6% |
£550,535 |
25.6% |
£438,420 |
|
Total Assets |
£2,005,930 |
33.9% |
£1,498,290 |
-8.5% |
£1,637,852 |
37.3% |
£1,192,484 |
30.7% |
£912,475 |
|
Total Liabilities |
£1,232,660 |
60.9% |
£765,921 |
-16.2% |
£913,531 |
67.2% |
£546,344 |
51.3% |
£361,175 |
|
Net Assets |
£773,270 |
5.6% |
£732,369 |
1.1% |
£724,321 |
12.1% |
£646,140 |
17.2% |
£551,300 |
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Date Of Accounts |
31/07/13 |
(%) |
31/07/12 |
(%) |
31/07/11 |
(%) |
31/07/10 |
(%) |
31/07/09 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£783,932 |
6% |
£739,631 |
1% |
£732,111 |
12% |
£653,939 |
18.6% |
£551,300 |
|
Number of Employees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Auditors |
|||||||||
|
Auditor Comments |
The company is exempt from audit |
||||||||
|
Bankers |
LLOYDS TSB BANK PLC |
||||||||
|
Bank Branch Code |
|||||||||
|
Date Of Accounts |
31/07/13 |
31/07/12 |
31/07/11 |
31/07/10 |
31/07/09 |
|
Pre-tax profit margin % |
- |
- |
- |
- |
- |
|
Current ratio |
1.56 |
1.86 |
1.70 |
2.02 |
2.21 |
|
Sales/Net Working Capital |
- |
- |
- |
- |
- |
|
Gearing % |
1.40 |
1 |
1.10 |
1.20 |
0 |
|
Equity in % |
38.50 |
48.90 |
44.20 |
54.20 |
60.40 |
|
Creditor Days |
- |
- |
- |
- |
- |
|
Debtor Days |
- |
- |
- |
- |
- |
|
Liquidity/Acid Test |
0.91 |
0.96 |
1.04 |
1.22 |
1.05 |
|
Return On Capital Employed % |
- |
- |
- |
- |
- |
|
Return On Total Assets Employed % |
- |
- |
- |
- |
- |
|
Current Debt Ratio |
1.58 |
1.03 |
1.25 |
0.83 |
0.65 |
|
Total Debt Ratio |
1.59 |
1.04 |
1.26 |
0.84 |
0.65 |
|
Stock Turnover Ratio % |
- |
- |
- |
- |
- |
|
Return on Net Assets Employed % |
- |
- |
- |
- |
- |
EVENT HISTORY
|
Date |
Description |
|
09/12/2014 |
Annual Returns |
|
21/01/2014 |
New Accounts Filed |
|
11/12/2013 |
Annual Returns |
|
22/12/2012 |
Annual Returns |
|
22/10/2012 |
New Accounts Filed |
|
10/04/2012 |
New Accounts Filed |
|
10/04/2012 |
New Accounts Filed |
|
09/12/2011 |
Annual Returns |
|
21/12/2010 |
Annual Returns |
|
09/12/2010 |
New Accounts Filed |
|
11/01/2010 |
Annual Returns |
|
21/12/2009 |
New Accounts Filed |
|
17/12/2009 |
Change in Reg.Office |
|
09/01/2009 |
Annual Returns |
|
24/12/2008 |
New Accounts Filed |
|
Date |
Previous Name |
|
30/05/1984 |
GLADEVEER LIMITED |
|
Group |
- |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
|
Holding Company |
- |
|
Ownership Status |
|
|
Ultimate Holding Company |
- |
|
Group |
0 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
01/10/98 |
||
|
Date Charge Registered: |
06/10/98 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
LLOYDS 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 FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
||
|
Name |
Current Directorships |
Previous Directorships |
|
John Edward England |
0 |
2 |
|
John Edward England |
0 |
2 |
|
Average Invoice Value |
£97.47 |
|
|
Invoices available |
112 |
|
|
Paid |
112 |
|
|
Outstanding |
0 |
|
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 |
60 |
40 |
8 |
4 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.00 |
|
UK Pound |
1 |
Rs.95.99 |
|
Euro |
1 |
Rs.71.00 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
ASH |
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.