MIRA
INFORM REPORT
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Report No. : |
308726 |
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Report Date : |
20.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
DEBENHAMS RETAIL PLC |
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Formerly Known As : |
DEBENHAMS RETAIL LIMITED |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.08.2013 |
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Date of Incorporation : |
28.01.1905 |
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Legal Form : |
Public Limited With Share Capital |
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Line of Business : |
·
Subject operates as Online Retailer by Traffic Volume Engaged as |
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No. of Employees |
26,835 (31.08.2013) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
Company name and address
DEBENHAMS RETAIL PLC
Registered address 10 Brock Street,
Regent's Place, London,
NW1 3FG
Trading address Bedford House,
Park Street, Tauntion,
Somerset,Ta1 4db
Website http://www.debenhams.com
Incorporation date : 28/01/1905
TPS –
FPS No
Type Public limited with share capital
Filing date of accounts 28/02/2014
Currency GBP
Share Capital Euro 44,624,538
Activity
·
Subject operates as Online Retailer by Traffic Volume
Engaged
as Sale of Fashion Clothing (for Men, Women & Kid), Shoes, Accessories,
Furniture, Toys, Cosmetics and Gifts Products
DIRECTORS/MANAGEMENT
Current Directors
|
Name |
Michael John Todkill Sharp |
Date of Birth |
22/03/1957 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
27 |
Function |
Director |
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Appointment Date |
31/03/2010 |
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Address |
10 Brock Street, Regent's Place, London, NW1 3FG |
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|
Name |
Suzanne Harlow |
Date of Birth |
19/07/1966 |
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Officers Title |
Ms |
Nationality |
British |
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Present Appointments |
14 |
Function |
Director |
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Appointment Date |
02/01/2014 |
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|
Address |
10 Brock Street, Regent's Place, London, NW1 3FG |
||
Current Company
Secretary
|
Name |
Paul Rex Eardley |
Date of Birth |
13/09/1960 |
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Officers Title |
Mr |
Nationality |
British |
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Present Appointments |
25 |
Function |
Company Secretary |
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Appointment Date |
15/10/2007 |
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Address |
10 Brock Street, Regent's Place, London, NW1 3FG |
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Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
David Wilson |
15 |
76 |
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John Ormond Davies |
0 |
9 |
|
John Hodges |
54 |
180 |
|
James William Murphy |
2 |
12 |
|
Terence Anthony Green |
1 |
6 |
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Peter Thomas Kaursland |
0 |
6 |
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Guy Antony Johnson |
12 |
71 |
|
Guy Antony Johnson |
12 |
71 |
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Christopher Kevin Woodhouse |
25 |
165 |
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Edward Matthew Giles Roberts |
0 |
8 |
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Jane Heather Ruth Guillaume |
0 |
7 |
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Peter Martyn Betts |
2 |
2 |
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Paul Beverley Loft |
7 |
11 |
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Andrew Thomas Higginson |
17 |
183 |
|
Ian Peter Jackman |
34 |
158 |
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Ian Peter Jackman |
34 |
158 |
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John David Lovering |
18 |
120 |
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Philip Oliver Wrigley |
15 |
26 |
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Nigel Brian Palmer |
0 |
4 |
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Belinda Jane Earl |
0 |
3 |
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Robert William Templeman |
3 |
60 |
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Richard Conway North |
1 |
29 |
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Hugh Rowland Bradley |
2 |
2 |
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John Lee Hoerner |
4 |
14 |
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Simon Edward Herrick |
13 |
53 |
NEGATIVE INFORMATION
Total Mortgage 19
Outstanding 0
Satisfied 19
CCJ
|
Total Number of Exact CCJs - |
6 |
Total Value of Exact CCJs - |
£17,430 |
|
Total Number of Possible CCJs - |
1 |
Total Value of Possible CCJs - |
£208 |
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Total Number of Satisfied CCJs - |
1 |
Total Value of Satisfied CCJs - |
£650 |
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Total Number of Writs - |
- |
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Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
23/07/2013 |
NORTHAMPTON CCMCC |
£1,386 |
Judgement |
3YL24566 |
- |
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07/05/2013 |
WHITEHAVEN |
£900 |
Judgement |
2YJ55395 |
- |
|
21/06/2012 |
TORQUAY |
£11,013 |
Judgement |
1IQ61902 |
- |
|
03/01/2012 |
NORTHAMPTON CCBC |
£174 |
Judgement |
1QZ38115 |
- |
|
29/07/2011 |
CENTRAL LONDON |
£1,621 |
Judgement |
1CL85036 |
- |
Possible CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ / CJ Details |
|
03/01/2014 |
NORTHAMPTON CCBC |
£208 |
Judgement |
3XC66804 |
- |
DEBENHAMS, 3 CHARTER SQUARE, BURY ST EDMUNDS, SUFFOLK, IP33 3FD, IP33 3FD |
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
23/07/2013 |
NORTHAMPTON CCMCC |
£1,386 |
Judgement |
3YL24566 |
- |
|
07/05/2013 |
WHITEHAVEN |
£900 |
Judgement |
2YJ55395 |
- |
|
21/06/2012 |
TORQUAY |
£11,013 |
Judgement |
1IQ61902 |
- |
|
03/01/2012 |
NORTHAMPTON CCBC |
£174 |
Judgement |
1QZ38115 |
- |
|
29/07/2011 |
CENTRAL LONDON |
£1,621 |
Judgement |
1CL85036 |
- |
|
07/10/2009 |
PLYMOUTH |
£2,336 |
Judgement |
9PL03414 |
- |
|
01/04/2009 |
BIRKENHEAD |
£650 |
Satisfied |
8BI80364 |
26/06/2009 |
Possible CCJs Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
Registered CCJ Details |
|
03/01/2014 |
NORTHAMPTON CCBC |
£208 |
Judgement |
3XC66804 |
- |
DEBENHAMS, 3 CHARTER SQUARE, BURY ST EDMUNDS, SUFFOLK, IP33 3FD, IP33 3FD |
Writ Details
|
No writs found |
Mortgage Details
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Mortgage Type: |
DEED OF ACCESSION AND CHARGE |
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Date Charge Created: |
27/06/05 |
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Date Charge Registered: |
06/07/05 |
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Date Charge Satisfied: |
13/07/06 |
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Status: |
SATISFIED |
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Person(s) Entitled: |
CREDIT SUISSE,LONDON BRANCH |
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Amount Secured: |
ALL MONEYS DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE, AS OWED OR INCURRED BY EACH BENEFICIARY UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Mortgage Type: |
LEGAL CHARGE |
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Date Charge Created: |
22/04/04 |
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Date Charge Registered: |
06/05/04 |
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Date Charge Satisfied: |
17/05/05 |
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Status: |
SATISFIED |
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Person(s) Entitled: |
BAYERISCHE LANDESBANK (ACTING THROUGH ITS LONDON BRANCH AS SECURITY AGENT FOR ITSELF AND THEOTH |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE BENEFICIAL OWNER (ROADSTREAM LIMITED) TO THE CHARGEE UNDERTHE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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Details: |
L/H PREMISES AT MAGDALENE STREET, OXFORD T/N:ON225969. FIRST FIXED CHARGE ALL OF ITS RIGHTS AND BENEFIT UNDER ANY AGREEMENT RELATING TO THE ACQUISITION OF THE MORTGAGED PROPERTIES, ALL PLANT AND MACHINERY, ALL OF ITS BENEFITS, CLAIMS AND RETURNS OF PREMIUMS IN RESPECT OF THE INSURANCES, ITS BOOK ANDOTHER DEBTS, ALL OF ITS RIGHT, TITLE, AND INTEREST (IF ANY) UNDER THE INSURANCES |
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Mortgage Type: |
DEED OF ACCESSION AND CHARGE |
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Date Charge Created: |
19/12/03 |
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Date Charge Registered: |
22/12/03 |
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Date Charge Satisfied: |
17/07/04 |
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Status: |
SATISFIED |
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Person(s) Entitled: |
CREDIT SUISSE FIRST BOSTON, LONDON BRANCH AS SECURITY AGENT |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE SECURITY AGENT FOR THE BENEFICIARIES UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
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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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
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Mortgage Type: |
LEGAL CHARGE |
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Date Charge Created: |
25/10/88 |
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Date Charge Registered: |
14/11/88 |
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Date Charge Satisfied: |
07/08/03 |
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Status: |
SATISFIED |
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Person(s) Entitled: |
CREWFLEET LIMITED |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE |
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Details: |
VARIOUS PROPERTIES IN CLEVELAND, SOMERSET WEST SUSSEX, BOURNEMOUTH AND/OR THE PROCEEDS OF SALE THEREOF (FOR FULL DETAILS SEE FORM 395) |
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Mortgage Type: |
DEED OF ADMISSION |
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Date Charge Created: |
23/07/86 |
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Date Charge Registered: |
05/08/86 |
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Date Charge Satisfied: |
14/11/97 |
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Status: |
SATISFIED |
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Person(s) Entitled: |
LLOYDS BANK PLC |
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Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER SUPPLEMENTAL TO A LETTER OF SET-OFF DATED 1 APRIL1986 |
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Details: |
ANY SUMS OR SUMS FOR THE TIME BEING STANDING TO THE CREDIT OF ANY PRESENT OF FUTURE ACCOUNT WITH THEBANK |
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Mortgage Type: |
OMNIBUS GUARANTEE AND SET OFF AGREEMENT |
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|
Date Charge Created: |
01/04/86 |
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|
|
Date Charge Registered: |
11/04/86 |
|
|
|
Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
ANY SUM OR SUMS FOR THE TIME BEING STANDING TO THE CREDIT OF ANY PRESENT OF FUTURE ACCOUNT OF THE COMPANY WITH THE BANK |
||
|
Mortgage Type: |
REVERSIONARY LEASE |
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|
Date Charge Created: |
21/10/75 |
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|
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Date Charge Registered: |
31/10/75 |
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|
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Date Charge Satisfied: |
13/08/97 |
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|
|
Status: |
SATISFIED |
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|
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Person(s) Entitled: |
ULSTER BANK PROVIDENT FUND INVESTMENTS LIMITED |
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Amount Secured: |
COMPANY'S OBLIGATIONS TO THE CHARGEE |
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Details: |
CERTAIN PRESENT AND FUTURE MACHINERY AND PLANT AT THE COMPANY\S PREMISES AT 24-32 HIGH STREET BROMLEY KENT AS MORE PARTICULARLY DEFINED IN THE LEASES. |
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Mortgage Type: |
LEASE |
||
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Date Charge Created: |
21/10/75 |
|
|
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Date Charge Registered: |
31/10/75 |
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|
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Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
ULSTER BANK PROVIDENT FUND INVESTMENTS LIMITED |
||
|
Amount Secured: |
COMPANY'S OBLIGATIONS TO THE CHARGEE |
||
|
Details: |
CERTAIN PRESENT AND FUTURE MACHINERY AND PLANT AT THE COMPANY\S PREMISES AT 24-32 HIGH STREET BROMLEY KENT AS MORE PARTICULARLY DEFINED IN THE LEASES |
||
|
Mortgage Type: |
REVERSIONARY LEASE |
||
|
Date Charge Created: |
22/10/75 |
|
|
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Date Charge Registered: |
31/10/75 |
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Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
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|
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Person(s) Entitled: |
PENSMAN NOMINEES LIMITED |
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Amount Secured: |
COMPANY'S OBLIGATIONS TO THE CHARGEE |
||
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Details: |
CERTAIN PRESENT AND FUTURE MACHINERY AND PLANT AT THE COMPANY\S PREMISES AT 56-72 MARKET PLACE ROMFORD ESSEX AS MORE PARTICULAR DEFINED IN LEASES |
||
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Mortgage Type: |
LEASE |
||
|
Date Charge Created: |
22/10/75 |
|
|
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Date Charge Registered: |
31/10/75 |
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Date Charge Satisfied: |
13/08/97 |
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|
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Status: |
SATISFIED |
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|
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Person(s) Entitled: |
PENSMAN NOMINEES LIMITED |
||
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Amount Secured: |
COMPANY'S OBLIGATIONS TO THE CHARGE |
||
|
Details: |
CERTAIN PRESENT AND FUTURE MACHINERY AND PLANT AT THE COMPANY\S PREMISES AT 56-72 MARKET PLACE ROMFORD ESSEX AS MORE PARTICULARLY DEFINED IN LEASES |
||
|
Mortgage Type: |
LEGAL CHARGE |
||
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Date Charge Created: |
15/10/70 |
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Date Charge Registered: |
26/10/70 |
|
|
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Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
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Person(s) Entitled: |
LLOYDS BANK PLC |
||
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Amount Secured: |
£2,000,000 SECURED BY TRUST DEED DATED 10/3/43 AND DEED SUPPLEMENTAL THERETO. |
||
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Details: |
L/H PROPERTY PARTS OF NOS. 30 TO 40 (EVEN) MARYLEBONE LANE, NOS. 14, 14A,14B,14C AND PART 15 AND 15AHENRIETTA PLACE AND NOS 74 TO 77 (ALL) WELBECK ST. LONDON BOROUGH OF CITY OF WESTMINSTER. |
||
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Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
12/05/66 |
|
|
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Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
EXCHANGE ASSURANCE |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
12/05/66 |
|
|
|
Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
ROYAL EXCHANGE ASSURANCE ROYAL |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
07/08/64 |
|
|
|
Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
EXCHANGE ASSURANCE |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
07/08/64 |
|
|
|
Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
ROYAL EXCHANGE ASSURANCE ROYAL |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
14/07/59 |
|
|
|
Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
ROYAL EXCHANGE ASSURANCE ROYAL |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
- |
|
|
|
Date Charge Registered: |
14/07/59 |
|
|
|
Date Charge Satisfied: |
23/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
EXCHANGE ASSURANCE |
||
|
Amount Secured: |
|
||
|
Details: |
|
||
|
Mortgage Type: |
INSTRUMENT OF CHARGE SUPPLEMENTAL TO A TRUST DEED DATED 10 MAR 43 |
||
|
Date Charge Created: |
13/07/56 |
|
|
|
Date Charge Registered: |
19/07/56 |
|
|
|
Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
£2,000,000 DEBENTURE STOCK |
||
|
Details: |
F/H BEACON HOUSE (FORMERLY KNOWN AS THEQUEENS HOTEL) CLIFTON BRISTOL |
||
|
Mortgage Type: |
INSTRUMENT OF CHARGE SUPPLEMENTAL TO A TRUST DEED DATED 10 MAR 43 |
||
|
Date Charge Created: |
13/07/56 |
|
|
|
Date Charge Registered: |
19/07/56 |
|
|
|
Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
£2,000,000 DEBENTURE STOCK |
||
|
Details: |
VARIOUS L/H & F/H PROPERTIES IN LONDON FOR DETAILS SEE DOC 174 |
||
|
Mortgage Type: |
CHARGE SUPPLEMENTAL TO A TRUST DEED DATED 10 MAR 1943 |
||
|
Date Charge Created: |
08/02/49 |
|
|
|
Date Charge Registered: |
11/02/49 |
|
|
|
Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
£2,000,000 DEBENTURE STOCK |
||
|
Details: |
L/H NO 3 WELBECK WAY ST MARYLEBONE LONDON |
||
|
Mortgage Type: |
CHARGE SUPPLEMENTAL TO A TRUST DEED DATED 10 MAR 43 |
||
|
Date Charge Created: |
07/05/47 |
|
|
|
Date Charge Registered: |
21/05/47 |
|
|
|
Date Charge Satisfied: |
31/07/91 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
£2,000,000 DEBENTURE STOCK |
||
|
Details: |
L/H 85 WIMPOLE STREET & 76 WIMPOLE ST. & 16 WELBECK WAY ST MARYLEBONE LONDON |
||
|
Mortgage Type: |
CHARGE SUPPLEMENTAL TO TRUST DEED DATED10 MAR 43 |
||
|
Date Charge Created: |
21/07/43 |
|
|
|
Date Charge Registered: |
30/07/43 |
|
|
|
Date Charge Satisfied: |
13/08/97 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
LLOYDS BANK PLC |
||
|
Amount Secured: |
£2,000,000 DEBENTURE STOCK |
||
|
Details: |
VARIOUS L/H & F/H PROPERTIES OF THE COMPANY IN LONDON FOR DETAILS SEE DOC 123 |
||
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 |
1 |
£22,673 |
|
Company Name |
Amount |
Statement Date |
|
Water Choice Ltd |
£22,673 |
10/07/2012 |
SHARE & SHARE CAPITAL INFORMATION
Top 20 Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
|
DEBENHAMS GROUP HOLDINGS LTD |
GBP |
178,498,151 |
ORDINARY |
0.25 |
|
PAUL REX EARDLEY |
GBP |
1 |
ORDINARY |
0.25 |
PAYMENT INFORMATION
|
Average Invoice Value |
£1028.10 |
|
Invoices available |
2944 |
|
Paid |
1825 |
|
Outstanding |
1119 |
|
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 |
233 |
1122 |
352 |
56 |
62 |
|
Outstanding |
719 |
203 |
38 |
11 |
148 |
GROUP STRUCTURE & AFFILIATED COMPANIES
Group structure
|
Group |
|
|
Linkages |
5 companies |
|
Countries |
In 1 countries |
Other Linked companies
|
|
Number |
Latest Key Financials |
||
|
A.G. RETAIL HOLDINGS (IRELAND) LIMITED |
|
IE244463 |
31.08.2013 |
€2,436 |
|
MISS SELFRIDGE RETAIL (IRELAND) LIMITED |
|
IE445103 |
31.08.2013 |
€4,489,016 |
|
WALLIS RETAIL (IRELAND) LIMITED |
|
IE445104 |
31.08.2013 |
€14,391,934 |
|
ARCADIA GROUP MULTIPLES (IRELAND) LIMITED |
|
IE238757 |
31.08.2013 |
€24,046,232 |
|
TOP SHOP/TOP MAN (IRELAND) LIMITED |
|
IE519049 |
31.08.2013 |
€29,724,085 |
FINANCIAL INFORMATION
Profit & Loss
|
Date Of Accounts |
31/08/13 |
(%) |
01/09/12 |
(%) |
03/09/11 |
(%) |
28/08/10 |
(%) |
29/08/09 |
|
Weeks |
52 |
(%) |
52 |
(%) |
53 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£2,075,600,000 |
2.7% |
£2,020,200,000 |
-0.4% |
£2,027,900,000 |
3.7% |
£1,956,200,000 |
5.6% |
£1,853,200,000 |
|
Export |
£94,200,000 |
4.3% |
£90,300,000 |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£1,784,400,000 |
2.7% |
£1,738,000,000 |
0.7% |
£1,726,100,000 |
4.3% |
£1,654,400,000 |
4.2% |
£1,587,800,000 |
|
Gross Profit |
£291,200,000 |
3.2% |
£282,200,000 |
-6.5% |
£301,800,000 |
- |
£301,800,000 |
13.7% |
£265,400,000 |
|
Wages & Salaries |
£293,000,000 |
-1.8% |
£298,500,000 |
0.7% |
£296,400,000 |
-0.8% |
£298,700,000 |
3.1% |
£289,800,000 |
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Profit |
£161,100,000 |
-3% |
£166,100,000 |
-17.1% |
£200,300,000 |
-7.3% |
£216,100,000 |
16.9% |
£184,900,000 |
|
Depreciation |
£75,800,000 |
8.3% |
£70,000,000 |
0.9% |
£69,400,000 |
-5.7% |
£73,600,000 |
-8% |
£80,000,000 |
|
Audit Fees |
£200,000 |
100% |
£100,000 |
- |
£100,000 |
-66.7% |
£300,000 |
- |
£300,000 |
|
Interest Payments |
£15,100,000 |
0.7% |
£15,000,000 |
72.4% |
£8,700,000 |
-5.4% |
£9,200,000 |
-62.6% |
£24,600,000 |
|
Pre Tax Profit |
£228,100,000 |
18.9% |
£191,800,000 |
-10.4% |
£214,000,000 |
-6.8% |
£229,700,000 |
9.4% |
£210,000,000 |
|
Taxation |
-£37,700,000 |
25.5% |
-£50,600,000 |
-5% |
-£48,200,000 |
21% |
-£61,000,000 |
-19.1% |
-£51,200,000 |
|
Profit After Tax |
£190,400,000 |
34.8% |
£141,200,000 |
-14.8% |
£165,800,000 |
-1.7% |
£168,700,000 |
6.2% |
£158,800,000 |
|
Dividends Payable |
- |
-100% |
£130,000,000 |
-13.3% |
£150,000,000 |
25% |
£120,000,000 |
- |
£120,000,000 |
|
Retained Profit |
£190,400,000 |
999.9% |
£11,200,000 |
-29.1% |
£15,800,000 |
-67.6% |
£48,700,000 |
25.5% |
£38,800,000 |
Balance Sheet
|
Date Of Accounts |
31/08/13 |
(%) |
01/09/12 |
(%) |
03/09/11 |
(%) |
28/08/10 |
(%) |
29/08/09 |
|
Tangible Assets |
£605,100,000 |
7.6% |
£562,100,000 |
9.7% |
£512,200,000 |
4.9% |
£488,100,000 |
13.3% |
£430,700,000 |
|
Intangible Assets |
£11,200,000 |
-10.4% |
£12,500,000 |
-9.4% |
£13,800,000 |
-8.6% |
£15,100,000 |
28% |
£11,800,000 |
|
Total Fixed Assets |
£616,300,000 |
7.3% |
£574,600,000 |
9.2% |
£526,000,000 |
4.5% |
£503,200,000 |
13.7% |
£442,500,000 |
|
Stock |
£317,900,000 |
5.9% |
£300,200,000 |
3.2% |
£290,900,000 |
7.9% |
£269,700,000 |
6.2% |
£253,900,000 |
|
Trade Debtors |
£17,400,000 |
-6.5% |
£18,600,000 |
-6.5% |
£19,900,000 |
13.1% |
£17,600,000 |
-17.8% |
£21,400,000 |
|
Cash |
£33,200,000 |
-17.4% |
£40,200,000 |
82.7% |
£22,000,000 |
-58.9% |
£53,500,000 |
-70.5% |
£181,100,000 |
|
Other Debtors |
£1,110,200,000 |
4.3% |
£1,064,700,000 |
14.6% |
£928,900,000 |
31.1% |
£708,500,000 |
-10.1% |
£787,800,000 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£1,478,700,000 |
3.9% |
£1,423,700,000 |
12.8% |
£1,261,700,000 |
20.2% |
£1,049,300,000 |
-15.7% |
£1,244,200,000 |
|
Trade Creditors |
£311,800,000 |
6.8% |
£292,000,000 |
10.7% |
£263,700,000 |
-6.6% |
£282,200,000 |
6.6% |
£264,800,000 |
|
Bank Loans & Overdrafts |
£9,700,000 |
38.6% |
£7,000,000 |
11.1% |
£6,300,000 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£632,300,000 |
-11.9% |
£717,800,000 |
33.5% |
£537,800,000 |
65.2% |
£325,500,000 |
-33.9% |
£492,200,000 |
|
Miscellaneous Current Liabilities |
£185,700,000 |
-7.7% |
£201,100,000 |
2.3% |
£196,600,000 |
19.6% |
£164,400,000 |
10.8% |
£148,400,000 |
|
Total Current Liabilities |
£1,139,500,000 |
-6.4% |
£1,217,900,000 |
21.3% |
£1,004,400,000 |
30.1% |
£772,100,000 |
-14.7% |
£905,400,000 |
|
Bank Loans & Overdrafts and LTL |
£58,200,000 |
-26.3% |
£79,000,000 |
145.3% |
£32,200,000 |
-64.8% |
£91,400,000 |
-18.2% |
£111,700,000 |
|
Other Long Term Finance |
£2,900,000 |
-35.6% |
£4,500,000 |
221.4% |
£1,400,000 |
100% |
£700,000 |
-98.4% |
£43,100,000 |
|
Total Long Term Liabilities |
£48,500,000 |
-32.6% |
£72,000,000 |
178% |
£25,900,000 |
-71.7% |
£91,400,000 |
-18.2% |
£111,700,000 |
.
Capital &
Reserves
|
Date Of Accounts |
31/08/13 |
(%) |
01/09/12 |
(%) |
03/09/11 |
(%) |
28/08/10 |
(%) |
29/08/09 |
|
Called Up Share Capital |
£44,600,000 |
- |
£44,600,000 |
- |
£44,600,000 |
- |
£44,600,000 |
- |
£44,600,000 |
|
P & L Account Reserve |
£826,000,000 |
31.7% |
£627,400,000 |
-7.2% |
£676,400,000 |
11.3% |
£608,000,000 |
3.3% |
£588,600,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£36,400,000 |
- |
£36,400,000 |
- |
£36,400,000 |
- |
£36,400,000 |
- |
£36,400,000 |
|
Shareholder Funds |
£907,000,000 |
28% |
£708,400,000 |
-6.5% |
£757,400,000 |
9.9% |
£689,000,000 |
2.9% |
£669,600,000 |
Other Financial Items
|
Date Of Accounts |
31/08/13 |
(%) |
01/09/12 |
(%) |
03/09/11 |
(%) |
28/08/10 |
(%) |
29/08/09 |
|
Net Worth |
£895,800,000 |
28.7% |
£695,900,000 |
-6.4% |
£743,600,000 |
10.3% |
£673,900,000 |
2.4% |
£657,800,000 |
|
Working Capital |
£339,200,000 |
64.8% |
£205,800,000 |
-20% |
£257,300,000 |
-7.2% |
£277,200,000 |
-18.2% |
£338,800,000 |
|
Total Assets |
£2,095,000,000 |
4.8% |
£1,998,300,000 |
11.8% |
£1,787,700,000 |
15.1% |
£1,552,500,000 |
-8% |
£1,686,700,000 |
|
Total Liabilities |
£1,188,000,000 |
-7.9% |
£1,289,900,000 |
25.2% |
£1,030,300,000 |
19.3% |
£863,500,000 |
-15.1% |
£1,017,100,000 |
|
Net Assets |
£907,000,000 |
28% |
£708,400,000 |
-6.5% |
£757,400,000 |
9.9% |
£689,000,000 |
2.9% |
£669,600,000 |
Miscellaneous
|
Date Of Accounts |
31/08/13 |
(%) |
01/09/12 |
(%) |
03/09/11 |
(%) |
28/08/10 |
(%) |
29/08/09 |
|
Contingent Liability |
YES |
- |
YES |
- |
NO |
- |
YES |
- |
YES |
|
Capital Employed |
£955,500,000 |
22.4% |
£780,400,000 |
-0.4% |
£783,300,000 |
0.4% |
£780,400,000 |
-0.1% |
£781,300,000 |
|
Number of Employees |
26835 |
-0.4% |
26936 |
-2.2% |
27543 |
1.3% |
27195 |
999.9% |
26 |
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
LLOYDS TSB BANK PLC |
||||||||
|
Bank Branch Code |
|
|
|
|
|
|
|
|
|
Ratios
|
Date Of Accounts |
31/08/13 |
01/09/12 |
03/09/11 |
28/08/10 |
29/08/09 |
|
Pre-tax profit margin % |
10.99 |
9.49 |
10.55 |
11.74 |
11.33 |
|
Current ratio |
1.30 |
1.17 |
1.26 |
1.36 |
1.37 |
|
Sales/Net Working Capital |
6.12 |
9.82 |
7.88 |
7.06 |
5.47 |
|
Gearing % |
6.40 |
11.20 |
4.30 |
13.30 |
16.70 |
|
Equity in % |
43.50 |
35.70 |
42.70 |
44.80 |
40 |
|
Creditor Days |
54.68 |
52.61 |
48.24 |
52.51 |
52.01 |
|
Debtor Days |
3.05 |
3.35 |
3.64 |
3.27 |
4.20 |
|
Liquidity/Acid Test |
1.01 |
0.92 |
0.96 |
1 |
1.09 |
|
Return On Capital Employed % |
23.87 |
24.57 |
27.32 |
29.43 |
26.87 |
|
Return On Total Assets Employed % |
10.88 |
9.59 |
11.97 |
14.79 |
12.45 |
|
Current Debt Ratio |
1.25 |
1.71 |
1.32 |
1.12 |
1.35 |
|
Total Debt Ratio |
1.30 |
1.82 |
1.36 |
1.25 |
1.51 |
|
Stock Turnover Ratio % |
15.31 |
14.85 |
14.34 |
13.78 |
13.70 |
|
Return on Net Assets Employed % |
25.14 |
27.07 |
28.25 |
33.33 |
31.36 |
ADDITIONAL INFORMATION
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
11/07/2014 |
Annual Returns |
|
12/03/2014 |
New Accounts Filed |
|
12/03/2014 |
New Accounts Filed |
|
06/01/2014 |
Mr S.E. Herrick has left the board |
|
06/01/2014 |
New Board Member Ms S. Harlow appointed |
|
07/08/2013 |
Change of Company Postcode |
|
11/07/2013 |
Change in Reg.Office |
|
11/07/2013 |
Change of Company Postcode |
|
10/07/2013 |
Annual Returns |
|
15/01/2013 |
New Accounts Filed |
|
15/01/2013 |
New Accounts Filed |
|
10/07/2012 |
Annual Returns |
|
17/01/2012 |
Mr C.K. Woodhouse has left the board |
|
17/01/2012 |
New Board Member Mr S.E. Herrick appointed |
|
04/01/2012 |
New Accounts Filed |
Previous Company Names
|
Date |
Previous Name |
|
28/06/2005 |
DEBENHAMS RETAIL LIMITED |
|
27/06/2005 |
DEBENHAMS RETAIL PLC |
|
26/03/2004 |
DEBENHAMS RETAIL LIMITED |
|
25/03/2004 |
DEBENHAMS RETAIL PLC |
|
04/03/2004 |
DEBENHAMS RETAIL LIMITED |
|
03/03/2004 |
DEBENHAMS RETAIL PLC |
|
04/12/1997 |
DEBENHAMS PLC |
NOTES & COMMENTS
Commentary
|
Multiple CCJ's recorded against the company. |
|
Sales in the latest trading period increased 2.7% on the previous trading period. |
|
Net Worth increased by 28.7% during the latest trading period. |
|
A 4.8% growth in Total Assets occurred during the latest trading period. |
|
Pre-tax profits increased by 18.9% compared to the previous trading period. |
|
The company saw a decrease in their Cash Balance of 17.4% during the latest trading period. |
|
The audit report contains no adverse comments. |
|
The company has undergone recent changes in its directorships. |
|
The company is part of a group. |
|
The company has changed its year end on multiple occasions. |
|
The company has changed its registered address recently. |
|
The company was established over 109 years ago. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.25 |
|
|
1 |
Rs.95.57 |
|
Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.