|
Report No. : |
301972 |
|
Report Date : |
08.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
MOTHERCARE UK LIMITED |
|
|
|
|
Formerly Known As : |
M. KAPLAN &
COMPANY LIMITED |
|
|
|
|
Registered Office : |
Cherry Tree Road, Watford, Hertfordshire WD24 6SH |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
29.03.2014 |
|
|
|
|
Date of Incorporation : |
08.05.1954 |
|
|
|
|
Com. Reg. No.: |
00533087 |
|
|
|
|
Legal Form : |
Private limited with
Share Capital |
|
|
|
|
Line of Business : |
· The provision of retailing of specialist goods and services for pregnant women, mothers, babies and young children upto the age of eight years. · Other retail specialised stores · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) |
|
|
|
|
No. of Employees : |
4,989 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 |
MOTHERCARE UK LIMITED
CHERRY TREE ROAD
WATFORD
HERTFORDSHIRE
WD24 6SH
United Kingdom
Telephone +44
084 5330 4030
Fax -
Website www.mothercare.com
Company Number: 00533087
Foundation: 08/05/1954
Status: Active
- Accounts Filed
VAT No: GB440644566
Comments
A 4.3% growth in
Total Assets occurred during the latest trading period. Pre-tax profits
increased by 46.8% compared to the previous trading period. The audit report
contains no adverse comments.
Multiple CCJ’s
recorded against the company. Sales in the latest trading period decreased 5.9%
on the previous trading period. Net Worth decreased by 40.4% during the latest
trading period. The company saw a decrease in their Cash Balance of 96.1%
during the latest trading period.
There has been no
significant change in the company’s credit limit. The company has undergone
recent changes in its directorships. The company is part of a group. The
company was established over 60 years ago.
LEGAL FORM
Private limited with Share Capital
FOUNDATION
08/05/1954
COMPANY NO.
00533087
PREVIOUS NAMES
Date of Change Previous
Name
22/09/1984 M.
KAPLAN & COMPANY LIMITED
SHAREHOLDERS
|
Name |
Currency |
Number of |
Share type |
Nominal value |
|
|
shares |
|
||
|
MOTHERCARE (HOLDINGS) LTD |
GBP |
28,445,999 |
ORDINARY |
1 |
|
PRINCESS PRODUCTS LTD |
GBP |
1 |
ORDINARY |
1 |
|
Total Share Capital |
|
|
|
GBP
28,446,000 |
MANAGEMENT
|
Directors |
||||
|
Name |
Address: |
Date of |
Nationality |
Appointment |
|
|
birth |
|
date |
|
|
Mr Matthew George |
Cherry Tree Road, Watford, |
25/05/1971 |
British |
25/03/2013 |
|
Smith |
Hertfordshire WD24 6SH |
|
||
|
Mr Christopher Jeremy |
Cherry Tree Road, Watford, |
18/06/1960 |
British |
28/12/2005 |
|
Cull |
Hertfordshire WD24 6SH |
|
||
|
Mr Matthew Jackson |
Cherry Tree Road, Watford, |
09/03/1967 |
British |
25/03/2013 |
|
Stringer |
Hertfordshire WD24 6SH |
|
||
|
Mr Tim Ashby |
Cherry Tree Road, Watford, |
07/05/1962 |
British |
30/04/2012 |
|
|
Hertfordshire WD24 6SH |
|
||
|
Mr Karl Doyle |
Cherry Tree Road, Watford, |
10/05/1968 |
British |
02/06/2014 |
|
|
Hertfordshire WD24 6SH |
|
||
|
Mr Mark Newton-Jones |
Cherry Tree Road, Watford, |
25/05/1967 |
British |
04/08/2014 |
|
|
Hertfordshire WD24 6SH |
|
||
|
Company Secretary |
||
|
Name |
Address: |
Appointment |
|
|
|
date |
|
Mr
Timothy John Ashby |
Cherry
Tree Road, Watford, Hertfordshire WD246SH |
30/08/2010 |
|
|
|
|
OTHER KNOWN ADDRESS
1-2 Charles Square, Bracknell, Berkshire RG12 1DF
10-11 Market Place, Bexleyheath, Kent DA6 7DZ
104F St. Mary Street, Weymouth, Dorset DT4 8NY
106-108 High Street, Maidenhead, Berkshire SL6 1PT
107-109 High Street, Southend-on-sea, Essex SS1 1LQ
108 Grand Avenue, Cardiff, South Glamorgan CF5 4HU
11 Newgate Street, Bishop Auckland, County Durham DL14 7EP
11-12 Mander Square, Mander Centre, Wolverhampton, West Midlands WV1 3NN
112 High Street, Hounslow, Middlesex TW3 1NA
113 Almondvale Centre, Almondvale North, Livingston, West Lothian EH54
6HT
114 High Road, Ilford, Essex IG1 1BY
115 High Street North, London E6 1HZ
119A High Street, Sittingbourne, Kent ME10 4AQ
12 Guildhall Shopping Centre, Exeter, Devon EX4 3HW
12 Harbour Parade, Southampton, Hampshire SO15 1BA
12 The Britten Centre, Lowestoft, Suffolk NR32 1LR
12 The Queensgate Centre, Edinburgh Way, Harlow, Essex CM20 2DA 12-
14 Week Street, Maidstone, Kent ME14 1RN
121-123 King Street, Kilmarnock, Ayrshire KA1 1QJ
123 Sauchiehall Street, Glasgow, Lanarkshire G2 3EW
129 High Street, Barnet, Hertfordshire EN5 5UZ
12C North Street, Guildford, Surrey GU1 4AF
138 High Street, Bromsgrove, Worcestershire B61 8ES 14-
16 High Street, Tooting, London SW17 0RG
146-148 Eltham High Street, London, London SE9 1BJ
15 Bridge Street, Nuneaton, Warwickshire CV11 4DX
15 Friargate, Freshney Place, Grimsby, South Humberside DN31 1QQ
15 Stepney Street, Llanelli, Dyfed SA15 3YB
15 Victoria Centre, Crewe, Cheshire CW1 2PU
153 High Street, Ayr, Ayrshire KA7 1QW
156-160 High Street, Bromley, Kent BR1 1HE
16 King Street, Reading, Berkshire RG1 2HE
16-28 Corporation Street, Birmingham, West Midlands B2 4RN
168 Commercial Street, Newport, Gwent NP20 1JN
17 Falkland Square, Poole, Dorset BH15 1ER
17-21 Wellington Centre, Aldershot, Hampshire GU11 1DB 19-
21 Barkers Pool, Sheffield, South Yorkshire S1 2HB
19-21 Milton Pavement, Grange Precinct, Birkenhead, Merseyside CH41 2YA
19A Crescent Link Retail Park, Londonderry, County Londonderry BT47 6SA
1A Union Street, Bury, Lancashire BL9 0NY
2 Paul Row, High Wycombe, Buckinghamshire HP11 2HQ
2 Princes Mead, Farnborough, Hampshire GU14 6YA
20 Bow Street, Lisburn, County Antrim BT28 1BN
20 Haslett Avenue West, Crawley, West Sussex RH10 1FL
20 The Gallery, Meadowhall Centre, Sheffield, South Yorkshire S9 1ER
20 Working Street, St Davids Centre, Cardiff, South Glamorgan CF10 1GP
200-
202 Eyre Street, Sheffield, South Yorkshire S1 4QZ
203-204 St Nicholas Shopping Centre, St Nicholas Way, Sutton, Surrey SM1
1AW
24 Causeyside Street, Paisley, Renfrewshire PA1 1UN
24 The Mall, Cwmbran, Gwent NP44 1PX
24-26 Castle Place, Belfast, County Antrim BT1 1GB
244-246 Commercial Road, Portsmouth, Hampshire PO1 1HH
26 Kings Mall, King Street, London, London W6 0PZ
26-26A Grafton Centre, Cambridge, Cambridgeshire CB1 1PS
27 London Road Town Centre, Bognor Regis, West Sussex PO21 1PQ 28-
29 High Street, Doncaster, South Yorkshire DN1 1DW
3 Vicarage Walk, Yeovil, Somerset BA20 1EU
3 Warwick Quadrant, London Road, Redhill, Surrey RH1 1NN
30 East Street, Chichester, West Sussex PO19 1HS
30 Mill Street, Macclesfield, Cheshire SK11 6LT
306-320 Bath Road, Slough, Berkshire SL1 4DX
31 County Square, Ashford, Kent TN23 1YD
31 Cultins Road, Edinburgh, Midlothian EH11 4DF
31-32 West Street Town Centre, Horsham, West Sussex RH12 1PB 31-
33 Arndale Centre, Luton, Bedfordshire LU1 2TD
316 North End Road, Fulham, London SW6 1NG
32 Market Street, Sheffield, South Yorkshire S13 7PE
32 Middle Gate, Newark, Nottinghamshire NG24 1AL
32-34 Bridge Street, Stratford-upon-avon, Warwickshire CV37 6AD
32-36 South Street, Worthing, West Sussex BN11 3AA
33-34 The Mall, The Stratford Centre, London, London E15 1XD
35 Scotch Street, Carlisle, Cumbria CA3 8PT
35-36 The Elmsleigh Centre, Crewe, Cheshire TW18 4QB
36 Princess Alexandra Walk, Huddersfield, West Yorkshire HD1 2RS
36 Regent Arcade, Regent Street, Cheltenham, Gloucestershire GL50 1JZ
36-38 Priory Shopping Centre, Dartford, Kent DA1 2HR
37 Winchester Circle, Kingston, Milton Keynes, Buckinghamshire MK10 0BA
38-40 High Road, London N22 6BX
4 Brentgovel Street, Bury St. Edmunds, Suffolk IP33 1EA
4 Cambrian Way, John Street, Carmarthen, Dyfed SA31 1QN
4 Old Seals Way, Chester Retail Park, Chester, Cheshire CH1 4RY
4 Wallop Drive, Basingstoke, Hampshire RG22 4TW
4-6 Shopping Precinct, Palace Gardens, Enfield, Middlesex EN2 6SN 41-
43 New Canal, Salisbury, Wiltshire SP1 2AA
416 Brixton Road, Stockwell, London SW9 7AY
42 Broadway Shopping Centre The Mal, Bexleyheath, Kent DA6 7JJ 44-
48 Southgate, Bath, Avon BA1 1TG
448 Holloway Road, London, London N7 6QA
45-49 Friary Walk, Worcester, Worcestershire WR1 3LE
48 Pier Avenue, Clacton-on-sea, Essex CO15 1QN
4A Taylor Road, Newport, Isle of Wight PO30 5LG
5 Manning Walk, The Clock Towers Shopping Centre, Rugby, Warwickshire
CV21 2JT
5 Underhill Walk, Burton-on-trent, Staffordshire DE14 1DE
5-6 Willow Place, Corby, Northamptonshire NN17 1BH
5-7 Adlington Walk, Stockport, Cheshire SK1 1PR
50 The Mall, Burnley, Lancashire BB11 1BA
51 Hamilton Way, Greenock, Renfrewshire PA15 1RQ
526-528 Oxford Street, London, London W1C 1LW
55-57 Bridge Street, Peterborough, Cambridgeshire PE1 1HA
58 Yorkshire Street, Rochdale, Lancashire OL16 1JP
6 Crown Point Shopping Park, Junction Street, Leeds, West Yorkshire LS10
1EW
6 Princess Way, Camberley, Surrey GU15 3SP
6 West One Way, Salford, Lancashire M50 1ZD
6-8 St Marys Arcade Town Centre, St Helens, Merseyside WA10 1AR
62 Powis Street, London, London SE18 6LQ
64-66 Castle Mall, Norwich, Norfolk NR1 3DD
66 Northgate, Darlington, County Durham DL1 1PR
7 High Street, Banbury, Oxfordshire OX16 5DZ
7 Kingsgate Retail Park, Glasgow Road, East Kilbride, Glasgow,
Lanarkshire G74 4UN
7 Standishgate, Wigan, Lancashire WN1 1UE
7 Station Street, Lincoln, Lincolnshire LN5 7EY
7-8 The Arcadia Centre, The Broadway, London, London W5 2ND
70-71 High Street West, Sunderland, Tyne and Wear SR1 3DW
76-77 Arndale Centre, Eastbourne, East Sussex BN21 3NW
76-79 Whitgift Centre, Croydon, Surrey CR0 1UR
789-799 Old Kent Road, London, London SE15 1NZ
8 Eastbank Street, Southport, Merseyside PR8 1DW
81 High Street, Birmingham, West Midlands B4 7TE
82 St. Anns Road, Harrow, Middlesex HA1 1JX
868 Crow Road, Glasgow, Lanarkshire G13 1HU
9 Caroline Street, Bridgend, Mid Glamorgan CF31 1DN
9 St. Georges Retail Park, St. Georges Way, Leicester, Leicestershire
LE1 1SG 9-
9A Tudor Arcade, South Street, Dorchester, Dorset DT1 1BN
91-92 High Street, King’s Lynn, Norfolk PE30 1BL
93 King Street, South Shields, Tyne and Wear NE33 1DP
Alban Retail Park, Hawleys Lane, Warrington, Cheshire WA2 8TP
Angel House, Angel Mews, London N1 9HH
Balmoral Court, Springfield Road, Chelmsford, Essex CM2 6JQ
Bentalls Centre, Kingston-upon-thames, Surrey KT1 1TR
Bhs 32-34 Westgate, Mansfield, Nottinghamshire NG18 1RS
Bloomfield Retail Park, South Circular Road, Bangor, Co Down BT19 7HR
Cameron Walk, Metrocentre, Gateshead, Tyne and Wear NE11 9YR
Central Retail Park, Great Ancoats Street, Manchester M4 6DL
Central Six Retail Park, Warwick Road, Coventry, West Midlands CV3 6TA
Cherry Tree Road, Watford, Hertfordshire WD24 6SH
Copdock Interchange, Ipswich, Suffolk IP8 3TT
Cwrt-Y-Castell, Caerphilly, Mid Glamorgan CF83 1NU
Damolly Retail Park, Armagh Road, Newry, County Down BT35 6PR
East Kilbride Shopping Centre, 9, East Kilbride, Glasgow, Lanarkshire
G74 1LW
Festival Park Ridge House Drive, Stoke-on-trent, Staffordshire ST1 5NY
Goodwood Square, Teesside Shopping Park, Thornaby, Stockton-on-tees,
Cleveland TS17 7BW
Hall Green, Little Hallingbury, Bishops Stortford, Hertfordshire CM22
7RP
High Street Mall, High Street, Portadown, Craigavon, County Armagh BT62
1HX
Hurricane Way, Clifton Moor Centre, York, North Yorkshire YO30 4XU
Lakeside Retail Park, Grays, Essex RM20 1WN
Llwydcoed, Aberdare, Mid Glamorgan CF44 0TF
Longwood Road, Newtownabbey, Co Antrim BT37 9UH
Mariners Way, Ashton-On-Ribble, Preston, Lancashire PR2 2YN
Midsummer Arcade, Milton Keynes, Buckinghamshire MK9 3BA
Monkswood Retail Park, Elder Way, Stevenage, Hertfordshire SG1 1TL
Nelson House, Park Road, Timperley, Altrincham, Cheshire WA14 5BZ
New Mersey Retail Park, Speke Road, Speke, Liverpool, Merseyside L24 8QB
New Road, St Georges Centre, Gravesend, Kent DA11 0AA
Park Centre, Donegall Road, Belfast, County Antrim BT12 6HN
Priory Retail Park, 131 High Street Colliers Wood, London, London SW19
2PP
Pydar Street, Truro, Cornwall TR1 2BD
Quay Parade, Swansea, West Glamorgan SA1 8JA
Retail World, Stadium Way, Parkgate, Rotherham, South Yorkshire S60 1TG
Retail World, Team Valley Trading Estate, Gateshead, Tyne and Wear NE11
0BD
Rom Valley Way, Romford, Essex RM7 0AF
Silverlink, Wallsend, Tyne and Wear NE28 9ND
St. Benedicts Court, Huntingdon, Cambridgeshire PE29 3PN
The Alhambra Shopping Centre, Cheapside, Barnsley, South Yorkshire S70
1SB
The Lodge, Hammersmith New Cemetery, Mortlake Road, Richmond, Surrey TW9
4EW
The Merry Hill Centre, Brierley Hill, West Midlands DY5 1SY
The Round House, 1 Wincheap Retail Park, Canterbury, Kent CT1 3QY
Town Bridge, Peterborough, Cambridgeshire PE1 1FP
Unit 1 Lewisham Retail Park, London SE13 7RZ
Unit 1 Queensville Road, Stafford, Staffordshire ST17 4NY
Unit 1, Hankridge Farm, Hankridge Way, Taunton, Somerset TA1 2LR
Unit 1, Newbury Retail Park, Pinchington Lane, Newbury, Berkshire RG14
7HU
Unit 1, Park, Lombardy Retail Pk, Coldharbour La, Hayes, Middlesex UB3
3EX
Unit 10, Chalford Way, Solihull Retail Park, Shirley, Solihull, West
Midlands B90 4LD
Unit 10-11 Maylord Orchard Shopping, Centre, Hereford, Herefordshire HR1
2DT
Unit 12 Wolverhampton St Crayon Wha, Retail Park, Walsall, West Midlands
WS2 8DD
Unit 13 Cray Avenue Nugent Shopping, Orpington, Kent BR5 3RP
Unit 13, Fort Retail Park, Lawhouse Toll, Edinburgh, Midlothian EH15 3RH
Unit 16, Crown Point North Shopping Park, Worthington Way, Denton,
Manchester, Lancashire M34 3JP
Unit 17A, Central Retail Park, Grahams Road, Falkirk, Stirlingshire FK1
1LW
Unit 19, Fife Central Retail Park, Chapel Park, Kirkcaldy, Fife KY2 6QL
Unit 1A-1B, Castle Marina Retail Park, Castle Bridge Road, Nottingham,
Nottinghamshire NG7 1GX
Unit 1a Forster Square Retail Park, Valley Road, Bradford, West
Yorkshire BD1 4RH
Unit 1a-B Eastville, Eastville, Bristol, Avon BS5 6XZ
Unit 2 Berryden Road, Aberdeen, Aberdeenshire AB25 3SA
Unit 2, Aylesham Centre, Rye Lane, London, London SE15 5EW
Unit 2, Belvedere Retail Park, Belvedere Parkway, Newcastle Upon Tyne,
Tyne and Wear NE3 2PA
Unit 2, City Link, Cardiff, South Glamorgan CF24 1PQ
Unit 2, Grimshaw Retail Park, Blackburn, Lancashire BB2 3DY
2, Park, Riverside Retail Park, Victoria Rd, Chelmsford, Essex CM1 1AN
Unit 2, Priory Meadow, Hastings, East Sussex TN34 1PH
Unit 2, Shires Retail Park, Tachbrook Park Drive, Warwick, Warwickshire
CV34 6RH
Unit 223, Royal Victoria Place, Tunbridge Wells, Kent TN1 2SS
Unit 23-24, Fairhill Shopping Centre, Fairhill Lane, Ballymena, County
Antrim BT43 6UF
Unit 29 Green Lanes Shopping Centre, Barnstaple, Devon EX31 1UJ
Unit 2B, Avon Meads, St. Philips Causeway, Bristol, Avon BS2 0SP
Unit 3 St Oswalds Park, Gloucester, Gloucestershire GL1 2SR
Unit 3, Park, Racecourse Retail Park, Ormskirk Rd, Liverpool, Merseyside
L9 5AN
Unit 3, St. James Retail Park, Towcester Road, Northampton,
Northamptonshire NN1 1EE
Unit 34A, The Marlowes Centre, Marlowes, Hemel Hempstead, Hertfordshire
HP1 1DX
Unit 38, Westwood Cross, Margate Road, Broadstairs, Kent CT10 2BF
Unit 4, Strand Shopping Centre, Douglas, Isle of Man, Isle of Man IM1
2ER
Unit 4, Watford Arches Retail Park, Lower High Street, Watford,
Hertfordshire WD17 2SD
Unit 41, Lewisham Centre, London SE13 7EP
Unit 43, Shopping Mall, 1 Charles Street, Plymouth, Devon PL1 1EA
Unit 44, Middle Mall, Darwin Centre, Shrewsbury, Shropshire SY1 1BW
Unit 46-48, Centre, Surrey Quays Shopping Centre, Redriff Road, London,
London SE16 7LL
Unit 4A, Telford Bridge Retail Park, Old Park, Telford, Shropshire TF3
4PB
Unit 5 Ventura Rp Bitterscote Drive, Bonehill, Tamworth, Staffordshire
B78 3HD
Unit 5, 42 East Dock Street, Dundee, Angus DD1 3JS
Unit 5, Park, Mayflower Retail Pk, Gardiners Link, Basildon, Essex SS14
3HZ
Unit 5, St. Johns Centre, Rope Walk, Bedford, Bedfordshire MK42 0XE
Unit 504, Centre Court Shopping Centre, 4 Queens Road, London, London
SW19 8YE
Unit 58, Southside Shopping Centre, London, London SW18 4TF
Unit 6, Oxford Retail Park, Ambassador Ave, Cowley, Oxford, Oxfordshire
OX4 6XJ
Unit 6, Wyvern Way, Chaddesden, Derby, Derbyshire DE21 6NZ
Unit 7, Eastfield Way, Inverness Business & Retail Park, Inverness,
Inverness-Shire IV2 7GD
Unit 8, Victoria Centre, Mostyn Street, Llandudno, Gwynedd LL30 2NG
Unit 88, Churchill Square, Brighton, East Sussex BN1 2TF
Unit 9, George Richards Way, Broadheath, Altrincham, Cheshire WA14 5GR
Unit 9, Park, Greenbridge Retail Pk, Stratton Rd, Swindon, Wiltshire SN3
3SG
Unit 9C, The Fort Shopping Park, 20 Fort Parkway, Birmingham, West
Midlands B24 9FP
Unit A Winterstoke Trading Estate, Weston-super-mare, Avon BS23 3YR
Unit B3, The Paddocks, Sopwith Drive, Weybridge, Surrey KT13 0XR
Unit C, 16 Daniell Way, Park, Croydon, Surrey CR0 4YJ
Unit C, Crystal Peaks Retail Park, Drake House Way, Crystal Peaks,
Sheffield, South Yorkshire S20 7JL
Unit C, Culverhouse Cross, Valegate Retail Park, Copthorne Way, Cardiff,
South Glamorgan CF5 6EH
Unit C1B, Redlands, Poole, Dorset BH12 1DN
Unit H New Victoria Gardens Shoppin, Centre, Station Parade, Harrogate,
North Yorkshire HG1 1AF
Unit L75, Lower Thames Walk, Bluewater, Greenhithe, Kent DA9 9SL
Unit Z10-Z11, Brent Cross Shopping Centre, Prince Charles Drive, London,
London NW4 3FD
Vastern Court, Caversham Road, Reading, Berkshire RG1 8BA
Welton Road, Croft Business Park, Bromborough, Wirral, Merseyside CH62
3PN
Westgate Retail & Leisure Park, Ings Road, Wakefield, West Yorkshire
WF2 9SD
White Rose Centre, High Street, Rhyl, Clwyd LL18 1EW
Wren Retail Park, Scotts Bridge, New Newton Road, Torquay, Devon TQ2 7HZ
|
Company
No. |
Name |
Status |
Country |
|
Ultimate
parent |
|||
|
01950509 |
MOTHERCARE PLC. |
Active |
United Kingdom |
|
Affiliated
companies |
|||
|
01509604 |
MOTHERCARE SOURCING LIMITED |
Non Trading |
United Kingdom |
|
05071053 |
CHELSEA STORES HOLDINGS LIMITED |
Active |
United Kingdom |
|
04666271 |
CHELSEA STORES (EBT TRUSTEE) LIMITED |
Non Trading |
United Kingdom |
|
04189976 |
EARLY LEARNING HOLDINGS LIMITED |
Non Trading |
United Kingdom |
|
00102194 |
EARLY LEARNING CENTRE LIMITED |
Active |
United Kingdom |
|
01103663 |
EARLY LEARNING LIMITED |
Non Trading |
United Kingdom |
|
03108938 |
ELC LIMITED |
Non Trading |
United Kingdom |
|
01908269 |
GALLERIA LIMITED |
Non Trading |
United Kingdom |
|
00988644 |
MOTHERCARE SHOPS GROUP |
Non Trading |
United Kingdom |
|
01382896 |
MOTHERCARE FINANCE LIMITED |
Active |
United Kingdom |
|
00223360 |
MOTHERCARE GROUP LIMITED(THE) |
Active |
United Kingdom |
|
01781095 |
MINI CLUB UK LIMITED |
Active |
United Kingdom |
|
03789213 |
CHILDREN'S WORLD ENTERPRISES LTD. |
Active |
United Kingdom |
|
01416572 |
MOTHERCARE OPERATIONS LIMITED |
Active |
United Kingdom |
|
00354661 |
PRINCESS PRODUCTS LIMITED |
Non Trading |
United Kingdom |
|
00221932 |
RETAIL CLOTHING LIMITED |
Non Trading |
United Kingdom |
|
00307887 |
CLOTHING RETAILERS LIMITED |
Non Trading |
United Kingdom |
|
00095350 |
TCR PROPERTIES LIMITED |
Non Trading |
United Kingdom |
|
Subsidiary
companies |
|||
|
00232232 |
CHILDRENS WORLD LIMITED |
Non Trading |
United Kingdom |
|
06387888 |
GURGLE LIMITED |
Active |
United Kingdom |
|
Immediate
parent |
|||
|
01289339 |
MOTHERCARE (HOLDINGS) LIMITED |
Active |
United Kingdom |
Main Activity
|
Principal Activity |
The provision of retailing of specialist goods and services for
pregnant women, mothers, babies and young children upto the age of eight
years. |
|
SIC03 |
Other retail specialised stores |
|
SIC07 |
Other retail sale of new goods in specialised stores (not commercial
art galleries and opticians) |
Turnover and Employees
|
Date of Accounts |
Turnover |
Employees |
|
31/03/2012 |
GBP 606,143,000 |
8,784 |
|
30/03/2013 |
GBP 570,638,000 |
5,220 |
|
29/03/2014 |
GBP 581,973,000 |
4,989 |
Banks
|
Bank Name |
Bank Branch Sort Code |
|
HSBC BANK PLC |
43-09-63 |
Auditor
Auditor name
DELOITTE LLP
Events
County Court Judgments (CCJs)
|
Date |
Amount |
Court |
Case Number |
Status |
Date paid |
|
07/10/2009 |
GBP 294 |
NORTHAMPTONCCBC |
9XH82486 |
Satisfied |
10/11/2009 |
|
07/01/2014 |
GBP 90 |
LAGANSIDE
COURTS |
13/114596 |
Judgement |
- |
COMPANY HISTORY
|
Date |
Action
|
|
28/01/2010 |
New Board Member J.S. Virdee appointed |
|
16/07/2010 |
MrJ.P Maxwell has left the board |
|
29/07/2010 |
New Board Member J. Virdee appointed |
|
18/08/2010 |
Annual Returns |
|
03/09/2010 |
Mr C.E. Revett has resigned as company secretary |
|
03/09/2010 |
New Company Secretary Mr T.J. Ashby appointed |
|
29/10/2010 |
New Board Member Ms A. James appointed |
|
11/01/2011 |
New Accounts Filed |
|
11/01/2011 |
New Accounts Filed |
|
02/02/2011 |
Mr A.J. Carr has left the board |
|
10/06/2011 |
New Company Secretary Mr T.J. Ashby appointed |
|
11/08/2011 |
Annual Returns |
|
08/09/2011 |
New Board Member Mr M. Logue appointed |
|
19/09/2011 |
New Company Secretary Mr T.J. Ashby appointed |
|
09/12/2011 |
Mr J.B. Gordon has left the board |
|
12/12/2011 |
Ms A. James has left the board |
|
09/01/2012 |
Mr R.A Street has left the board |
|
12/01/2012 |
New Accounts Filed |
|
12/01/2012 |
New Accounts Filed |
|
13/02/2012 |
J. Virdee has left the board |
|
13/02/2012 |
Ms G. Berkmen has left the board |
|
31/05/2012 |
New Board Member Mr T. Ashby appointed |
|
31/05/2012 |
New Board Member Mr S.J. Calver appointed |
|
25/07/2012 |
Mr N.S. Harrington has left the board |
|
27/07/2012 |
New Board Member Mr D.J. Lavelle appointed |
|
18/08/2012 |
Annual Returns |
|
31/10/2012 |
Ms S.E. Malti has left the board |
|
26/01/2013 |
New Accounts Filed |
|
26/01/2013 |
New Accounts Filed |
|
14/02/2013 |
Mr M. Logue has left the board |
|
28/02/2013 |
New Board Member Ms J.C. Bridge appointed |
|
08/03/2013 |
New Board Member Mr P. Dayraud appointed |
|
08/03/2013 |
New Board Member Mrs L.A. Palmer appointed |
|
14/03/2013 |
New Board Member Mr P. Dayraud appointed |
|
08/04/2013 |
Mr D.J. Lavelle has left the board |
|
13/05/2013 |
New Board Member Mr M.J. Stringer appointed |
|
13/05/2013 |
New Board Member Mr M.G Smith appointed |
|
31/08/2013 |
Annual Returns |
|
08/10/2013 |
Ms J.C. Bridge has left the board |
|
08/01/2014 |
New Accounts Filed |
|
08/01/2014 |
New Accounts Filed |
|
01/04/2014 |
Mr S.J. Calver has left the board |
|
24/06/2014 |
New Board Member Mr K. Doyle appointed |
|
06/08/2014 |
New Board
Member Mr M. Newton-Jones appointed |
|
11/08/2014 |
Annual Returns |
|
29/10/2014 |
Mrs L.A. Palmer has
left the board |
|
18/12/2014 |
Mr P.J. Dayraud has left
the board |
|
04/01/2015 |
New Accounts Filed |
|
04/01/2015 |
New Accounts Filed |
MORTGAGES
|
Charge created |
15/08/2000 |
|
Charge registered |
24/08/2000 |
|
Status |
SATISFIED |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME
DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT
WHATSOEVER AND UNDER THE CREDIT AGREEMENT OF EVEN DATE |
|
Mortgage detail |
122 UNION
STREET ABERDEEN
FOR FURTHER PROPERTIES - SEE SCHEDULE TO FORM 395 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 MA- CHINERY
SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL
DETAILS |
|
|
|
|
Charge created |
11/10/2000 |
|
Charge registered |
14/10/2000 |
|
Status |
SATISFIED |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME
DUE FROM THE COMPANY TO THE
CHARGEE UNDER OR IN RESPECT
OF THE GUARANTEE OF THE OBLIGATIONS OF MOTH- ERCARE PLC UNDER
THE CREDIT AGREEMENT DATED 15TH AUGUST 2000 |
|
Mortgage detail |
F/H 8/9 EASTBANK STREET
SOUTHPORT |
|
|
|
|
Charge created |
12/11/2001 |
|
Charge registered |
29/12/2001 |
|
Status |
SATISFIED |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME DUE
FROM THE COMPANY TO THE CHARGEE |
|
Mortgage detail |
122 UNION
STREET ABERDEEN |
|
|
|
|
Charge created |
12/11/2001 |
|
Charge registered |
29/12/2001 |
|
Status |
OUTSTANDING |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME DUE
FROM THE COMPANY TO THE CHARGEE |
|
Mortgage detail |
24 CAUSEYSIDE STREET
PAISLEY |
|
|
|
|
Charge created |
12/11/2001 |
|
Charge registered |
29/12/2001 |
|
Status |
OUTSTANDING |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME DUE
FROM THE COMPANY TO THE CHARGEE |
|
Mortgage detail |
149,151 AND 153 HIGH STREET AYR |
|
|
|
|
Charge created |
12/05/2003 |
|
Charge registered |
30/05/2003 |
|
Status |
SATISFIED |
|
Entitled person |
HSBC BANK PLC |
|
Mortgage detail |
ALL THE COMPANY§RIGHT TITLE AND INTEREST IN ANY FREEHOLD OR LEASE- HOLD LAND HELD BY IT TOGETHER WITH FLOATING CHARGE ALL OF IT§ASSETS NOT CHARGE BY WAY OF FIXED
CHARGE ABOVESEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL
DETAILS |
|
|
|
|
Charge created |
01/09/2003 |
|
Charge registered |
18/09/2003 |
|
Status |
SATISFIED |
|
Entitled person |
HSBC BANK PLC |
|
Mortgage detail |
IN ADDITION TO THE
PROPERTY CHARGED UNDER
THE ORIGINAL DEBENTURE L/H 5 AND 7 STAVELEIGH
WAY ASHTON-UNDER-LYME T/NO LA232496, L/H 118 AND 120 FREEMAN
STREET GRIMSBY T/NO HS147707, L/H 112A AND PART OF 114 HIGH
ROAD ILFORD T/NO NGL199099 (FOR FURTHER
DETAILS OF PROPERTY CHARGED PLEASE SEE
SCHEDULE TO FORM 395)SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
|
|
|
|
Charge created |
26/04/2010 |
|
Charge registered |
04/05/2010 |
|
Status |
SATISFIED |
|
Entitled person |
BARCLAYS BANK PLC |
|
Mortgage detail |
THE REAL
PROPERTY BEING-
F/H PROPERY K/A THE COMMERCIAL HOTEL, VIC- TORIA SQUARE,BOLTON T/NO LA309153. F/H
PROPERTY K/A 28 AND 29 HIGH STREET, DONCASTER T/NO SYK68561. F/H PROPERTY
K/A PART OF 114 HIGH ROAD,
ILFORD T/NO NGL199098. (FOR FURTHER
DETAILS OF PROPERTIES CHARGED
PLEASEREFER TO FORM MG01)
AND ALL BUILDINGS FIXTURES, FIT- TINGS,
FIXED PLANT AND MACHINERY SEE IMAGE FOR FULL
DETAILS |
|
|
|
|
Charge created |
16/05/2011 |
|
Charge registered |
02/06/2011 |
|
Status |
OUTSTANDING |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE OBLIGORS
TO THE FINANCE PARTIES
UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREAT- ING OR EVIDENCING THE CHARGE |
|
Mortgage detail |
F/H 28 AND 29
HIGH STREET DONCASTER
T/NSYK68561. F/H PART
OF 114 HIGH ROAD
ILFORD T/N NGL199098. F/H 55-57
BRIDGE STREET PETERBOROUGH T/N CB92309, FIXED
AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY
AND ASSETS PRESENT
AND FUTURE (FOR
DETAILS OF FURTHER PROPERTIES CHARGED PLEASE
REFER TO FORM
MG01) SEE IMAGE
FOR FULL DETAILS |
|
|
|
|
Charge created |
16/05/2011 |
|
Charge registered |
20/05/2011 |
|
Status |
SATISFIED |
|
Entitled person |
BARCLAYS BANK PLC (AS
SECURITY TRUSTEE) |
|
Mortgage detail |
ALL LAND,
EQUIPMENT, AUTHORISATIONS, INSURANCES, CONTRACTUAL RIGHTS AND OTHER ASSETS SEE IMAGE FOR FULL
DETAILS |
|
|
|
|
Charge created |
11/04/2012 |
|
Charge registered |
26/04/2012 |
|
Status |
OUTSTANDING |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME
DUE FROM THE OBLIGORS UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Mortgage detail |
FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS
PRESENT AND FUTURE, INCLUDING GOODWILL, UNCALLED CAPI- TAL, BUILDINGS, FIXTURES, FIXEDPLANT AND MACHINERY SEE IMAGE
FOR FULL DETAILS |
|
|
|
|
Charge created |
11/04/2012 |
|
Charge registered |
20/04/2012 |
|
Status |
OUTSTANDING |
|
Entitled person |
BROOKSHIRE CAPITAL LLP |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME
DUE FROM THE COMPANY TO THE
CHARGEE UNDER THE TERMSOF THE
AFOREMENTIONED INSTRUMENT CREATING OR EV- IDENCING THE CHARGE |
|
Mortgage detail |
THE DEPOSIT ACCOUNT SEE IMAGE
FOR FULL DETAILS |
|
|
|
|
Charge created |
18/05/2012 |
|
Charge registered |
30/05/2012 |
|
Status |
OUTSTANDING |
|
Entitled person |
HSBC BANK PLC |
|
Secured amount |
ALL MONIES
DUE OR TO BECOME DUE FROM EACH OBLIGOR TO ANY FINANCE PARTY ON ANY ACCOUNT WHATSOEVER UNDER
THE TERMS OF THEAFORE- MENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
|
Mortgage detail |
THE SHARES,
BEING- 10,000 ORDINARY SHARES
OF HK$1 EACH IN THE ISSUED SHARE CAPITAL OF MIHKL SEE IMAGE FOR
FULL DETAILS |
PROFIT & LOSS
|
|
56 GBP Group:
No |
30/03/2013 56 GBP Group:
No |
31/03/2012 56 GBP Group:
No |
26/03/2011 56 GBP Group:
No |
|
Turnover |
581,973,000 |
570,638,000 |
606,143,000 |
575,583,000 |
|
Export |
231,908,000 |
217,252,000 |
213,696,000 |
166,295,000 |
|
Cost of Sales |
554,615,000 |
522,971,000 |
574,853,000 |
527,676,000 |
|
Gross Profit |
27,358,000 |
47,667,000 |
31,290,000 |
47,907,000 |
|
Wages And Salaries |
60,114,000 |
65,498,000 |
68,027,000 |
68,765,000 |
|
Directors Emoluments |
3,489,000 |
3,790,000 |
4,670,000 |
2,330,000 |
|
Operating Profit |
27,000 |
6,985,000 |
-193,000 |
20,551,000 |
|
Depreciation |
16,802,000 |
17,303,000 |
17,332,000 |
16,428,000 |
|
Audit Fees |
136,000 |
134,000 |
137,000 |
137,000 |
|
Interests Payments |
13,709,000 |
13,289,000 |
13,544,000 |
13,543,000 |
|
Pre Tax Profit |
-16,269,000 |
-12,071,000 |
-22,677,000 |
14,028,000 |
|
Taxation |
179,000 |
4,500,000 |
3,739,000 |
-2,085,000 |
|
Profit After
Tax |
-16,090,000 |
-7,571,000 |
-18,938,000 |
11,943,000 |
|
Dividends Payable |
0 |
0 |
0 |
13,000,000 |
|
Retained Profit |
-16,090,000 |
-7,571,000 |
-18,938,000 |
-1,057,000 |
BALANCE SHEET
|
|
56 GBP Group: No |
30/03/2013 56 GBP Group: No |
31/03/2012 56 GBP Group: No |
26/03/2011 56 GBP Group: No |
|
Tangible Assets |
135,179,000 |
146,206,000 |
163,740,000 |
169,147,000 |
|
Intangible Assets |
8,288,000 |
9,334,000 |
10,380,000 |
11,426,000 |
|
Total Fixed Assets |
143,467,000 |
155,540,000 |
174,120,000 |
180,573,000 |
|
Stock |
74,504,000 |
83,986,000 |
73,663,000 |
77,995,000 |
|
Trade Debtors |
33,794,000 |
27,107,000 |
35,681,000 |
38,696,000 |
|
Cash |
1,357,000 |
1,594,000 |
40,635,000 |
79,572,000 |
|
Other Debtors |
190,347,000 |
155,687,000 |
82,465,000 |
56,311,000 |
|
Miscellaneous Current Assets |
0 |
0 |
0 |
0 |
|
Total Current Assets |
300,002,000 |
268,374,000 |
232,444,000 |
252,574,000 |
|
Trade Creditors |
49,682,000 |
51,336,000 |
55,182,000 |
57,725,000 |
|
Bank Loans
and Overdraft |
11,106,000 |
12,270,000 |
0 |
0 |
|
Other Short Term Finance |
176,439,000 |
125,849,000 |
114,320,000 |
118,364,000 |
|
Miscellaneous Current
Liabilities |
40,649,000 |
46,275,000 |
39,550,000 |
44,557,000 |
|
Total Current Liabilities |
277,876,000 |
235,730,000 |
209,052,000 |
220,646,000 |
|
Bank Loans
and Overdrafts LTL |
153,131,000 |
163,486,000 |
140,788,000 |
120,257,000 |
|
Other Long
Term Finance |
71,291,000 |
71,291,000 |
71,291,000 |
71,291,000 |
|
Total Long Term Liabilities |
142,025,000 |
151,216,000 |
140,788,000 |
120,257,000 |
CAPITAL & RESERVE
|
|
56 GBP Group:
No |
30/03/2013 56 GBP Group:
No |
31/03/2012 56 GBP Group:
No |
26/03/2011 56 GBP Group:
No |
|
Called Up Share Capital |
28,446,000 |
28,446,000 |
28,446,000 |
28,446,000 |
|
P and L Account Reserve |
-40,072,000 |
-27,020,000 |
-7,264,000 |
28,256,000 |
|
Revaluation Reserve |
0 |
0 |
0 |
0 |
|
Sundry Reserves |
35,194,000 |
35,542,000 |
35,542,000 |
35,542,000 |
|
Shareholders Funds |
23,568,000 |
36,968,000 |
56,724,000 |
92,244,000 |
OTHER FINANCIAL ITEMS
|
|
56 GBP Group:
No |
30/03/2013 56 GBP Group:
No |
31/03/2012 56 GBP Group:
No |
26/03/2011 56 GBP Group:
No |
|
Net Worth |
15,280,000 |
27,634,000 |
46,344,000 |
80,818,000 |
|
Working Capital |
22,126,000 |
32,644,000 |
23,392,000 |
31,928,000 |
|
Total Assets |
443,469,000 |
423,914,000 |
406,564,000 |
433,147,000 |
|
Total Liabilities |
419,901,000 |
386,946,000 |
349,840,000 |
340,903,000 |
|
Net Assets |
23,568,000 |
36,968,000 |
56,724,000 |
92,244,000 |
CASH FLOW
|
|
56 GBP Group:
No |
30/03/2013 56 GBP Group:
No |
31/03/2012 56 GBP Group:
No |
26/03/2011 56 GBP Group:
No |
|
Net Cash
Flow from Operations |
0 |
0 |
0 |
0 |
|
Net Cash
Flow before Financing |
0 |
0 |
0 |
0 |
|
Net Cash
Flow from Financing |
0 |
0 |
0 |
0 |
|
Increase in Cash |
-237,000 |
-39,041,000 |
-38,937,000 |
23,091,000 |
MISCELLANEOUS
|
|
56 GBP Group:
No |
30/03/2013 56 GBP Group:
No |
31/03/2012 56 GBP Group:
No |
26/03/2011 56 GBP Group:
No |
|
Capital Employed |
165,593,000 |
188,184,000 |
197,512,000 |
212,501,000 |
FINANCIAL RATIOS
|
Name |
29/03/2014 |
30/03/2013 |
31/03/2012 |
26/03/2011 |
|
Pre Tax Profit Margin |
-2.80 % |
-2.12 % |
-3.74 % |
2.44 % |
|
Current Ration |
1.08 |
1.14 |
1.11 |
1.14 |
|
Sales or Net Working Capital |
26.30 |
17.48 |
25.91 |
18.03 |
|
Gearing |
649.74 % |
442.24 % |
248.20 % |
130.37 % |
|
Equity |
5.42 % |
8.92 % |
14.32 % |
21.87 % |
|
Creditor Days |
31.07 |
32.74 |
33.77 |
36.50 |
|
Debtor Days |
21.13 |
17.29 |
21.83 |
24.47 |
|
Liquidity or Acid test |
0.81 |
0.78 |
0.75 |
0.79 |
|
Return on Capital Employed |
-9.82 % |
-6.41 % |
-11.48 % |
6.60 % |
|
Return on
Total Assets Employed |
-3.66 % |
-2.84 % |
-5.57 % |
3.23 % |
|
Current Debt Ratio |
11.79 % |
6.37 % |
3.68 % |
2.39 % |
|
Total Debt Ratio |
17.81 % |
10.46 % |
6.16 % |
3.69 % |
|
Stock Turnover Ratio |
12.80 % |
14.71 % |
12.15 % |
13.55 % |
|
Return on Net Assets
Employed |
-69.03 % |
-32.65 % |
-39.97 % |
15.20 % |
Heavy losses have been suffered in recent years. The general financial
position has weakened somewhat but the accrued losses have been covered from
reserves. Despite the losses in the UK the group has reported an upturn with
pre-tax profits of GBP 5.5 million for the 6 months to October 2014 mainly due
to strong demand in Asia and the Middle East.
It has also closed 14 loss making stores in the UK. There are 372 stores
in 12 countries. Remains to be seen how it performs in 2014/2015.
Activity: Retails Sale of Baby Products, Pregnancy and Post Pregnancy
Products and toddler items
Trading Address: Cherry Tree Road, Watford, Hertfordshire WD24 6SH
Branches: Across UK. Group operates globally.
Employees: 4,989
Bank: HSBC Bank PLC
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.45 |
|
|
1 |
Rs.95.99 |
|
Euro |
1 |
Rs.75.28 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.