|
Report No. : |
306152 |
|
Report Date : |
31.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
FARGRO LIMITED |
|
|
|
|
Registered Office : |
Toddington Lane, Wick Littlehampton BN17 7PP |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
01.10.2007 |
|
|
|
|
Com. Reg. No.: |
06386629 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Wholesale of Chemical Products |
|
|
|
|
No. of Employees : |
61 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
UNITED KINGDOM - ECONOMIC OVERVIEW
The UK, a leading trading
power and financial center, is the third largest economy in Europe after Germany
and France. Over the past two decades, the government has greatly reduced
public ownership. Agriculture is intensive, highly mechanized, and efficient by
European standards, producing about 60% of food needs with less than 2% of the
labor force. The UK has large coal, natural gas, and oil resources, but its oil
and natural gas reserves are declining and the UK became a net importer of
energy in 2005. Services, particularly banking, insurance, and business
services, are key drivers of British GDP growth. Manufacturing, meanwhile, has
declined in importance but still accounts for about 10% of economic output.
After emerging from recession in 1992, Britain's economy enjoyed the longest
period of expansion on record during which time growth outpaced most of Western
Europe. In 2008, however, the global financial crisis hit the economy
particularly hard, due to the importance of its financial sector. Falling home
prices, high consumer debt, and the global economic slowdown compounded
Britain's economic problems, pushing the economy into recession in the latter
half of 2008 and prompting the then BROWN (Labour) government to implement a
number of measures to stimulate the economy and stabilize the financial
markets; these included nationalizing parts of the banking system, temporarily
cutting taxes, suspending public sector borrowing rules, and moving forward
public spending on capital projects. Facing burgeoning public deficits and debt
levels, in 2010 the CAMERON-led coalition government (between Conservatives and
Liberal Democrats) initiated a five-year austerity program, which aimed to
lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by
2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced
additional austerity measures through 2017 largely due to the euro-zone debt
crisis. The CAMERON government raised the value added tax from 17.5% to 20% in
2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The
Bank of England (BoE) implemented an asset purchase program of £375 billion
(approximately $605 billion) as of December 2013. During times of economic
crisis, the BoE coordinates interest rate moves with the European Central Bank,
but Britain remains outside the European Economic and Monetary Union (EMU). In
2012, weak consumer spending and subdued business investment weighed on the
economy, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the
second half of the year because of greater consumer spending and a recovering
housing market. The budget deficit is falling but remains high at nearly 7% and
public debt has continued to increase.
|
Source
: CIA |
|
Company
Name: |
FARGRO LIMITED |
|
Company
No: |
06386629 |
|
Company
Status: |
Active - Accounts Filed |
|
Registered
Address: |
TODDINGTON LANE |
|
|
WICK |
|
|
LITTLEHAMPTON |
|
|
BN17 7PP |
|
Registered
Address |
TODDINGTON LANE |
Trading
Address |
Toddington Lane |
|
|
WICK |
|
Wick |
|
|
LITTLEHAMPTON, BN17 7PP |
|
Littlehampton West Sussex BN17 7PP |
|
Website
Address |
|
|
|
|
Telephone
Number |
01903721591 |
Fax Number |
- |
|
TPS |
Yes |
FPS |
No |
|
Incorporation
Date |
01/10/2007 |
Type |
Private limited with Share Capital |
|
Previous
Name |
- |
FTSE Index |
- |
|
Date
of Change |
- |
Filing
Date of Accounts |
05/02/2014 |
|
Currency |
GBP |
Share
Capital |
£189,531 |
|
SIC07 |
46750 |
Charity
Number |
- |
|
SIC07
Description |
Wholesale of Chemical Products |
|
|
|
Principal
Activity |
The supply of requisites and
energy to the horticultural industry. |
||
|
Year
to Date |
Turnover |
|
30/09/2013 |
£20,772,773 |
|
30/09/2012 |
£21,272,115 |
|
30/09/2011 |
£21,298,130 |
|
Total Mortgage |
0 |
|
Outstanding |
0 |
|
Satisfied |
0 |
|
Total Number of Documented Trade |
7 |
|
Total Value of Documented Trade |
£87,461 |
No exact match CCJs are recorded against the company.
Net Worth increased by 6.5% during the latest trading period.
The company saw an increase in their Cash Balance of 2.8% during the
latest trading period.
The audit report contains no adverse comments.
Sales in the latest trading period decreased 2.3% on the previous
trading period.
A 1.6% decline in Total Assets occurred during the latest trading
period.
Pre-tax profits decreased by 21.9% compared to the previous trading
period.
No recent changes in directorship are recorded.
The company is not part of a group.
The company was established over 7 years ago.
|
Total Number of Exact CCJs - |
0 |
|
|
Total Value of Exact CCJs - |
|
|
Total Number of Possible CCJs - |
0 |
|
|
Total Value of Possible CCJs - |
|
|
Total Number of Satisfied CCJs - |
0 |
|
|
Total Value of Satisfied CCJs - |
|
|
Total Number of Writs - |
- |
|
|
|
|
|
DBT |
5 |
Payment Trend |
Stable |
|
Industry DBT |
7 |
Within Terms |
|
|
Number of Experiences |
1 |
|
|
|
|
Within
Terms |
0-30 Days |
|
31-60 Days |
61-90 Days |
91+ Days |
|
Paid |
44 |
13 |
1 |
|
0 |
1 |
|
Outstanding |
2 |
3 |
0 |
|
0 |
0 |
|
Current
Directors |
|||
|
Name |
David John Godsmark |
Date
of Birth |
30/07/1949 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
7 |
Function |
Director |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton, West
Sussex, BN17 7PP |
|
|
|
|
|||
|
Name |
George Clive Lisher |
Date
of Birth |
15/06/1947 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Director |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
|
|||
|
Name |
James McAlpine |
Date
of Birth |
09/02/1954 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Director |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
|
|||
|
Name |
Paul Ian Sopp |
Date
of Birth |
25/04/1961 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
|
|||
|
Name |
Colin Goddard |
Date
of Birth |
09/04/1949 |
|
|
|
|
|
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Director |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
|
|
|
|
|
Name |
Christopher Peter Moncrieff |
Date of Birth |
30/10/1962 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
27/01/2009 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
|
|
|
|
|
Name |
Jonathan Zwinkels |
Date of Birth |
18/03/1984 |
|
Officers
Title |
Mr |
Nationality |
Dutch |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
21/09/2010 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
Current
Company Secretary |
|||
|
Name |
Colin Goddard |
Date of Birth |
09/04/1949 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
3 |
Function |
Company Secretary |
|
Appointment
Date |
01/10/2007 |
|
|
|
Address |
Toddington Lane, Wick, Littlehampton,
West Sussex, BN17 7PP |
|
|
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
|
MR P.J. KNIGHT |
GBP |
20,020 |
ORDINARY |
1 |
|
ROUNDSTONE NURSERIES LTD |
GBP |
20,020 |
ORDINARY |
1 |
|
MRS R.A. WEBBER |
GBP |
15,273 |
ORDINARY |
1 |
|
HUMBER GROWERS LTD |
GBP |
6,824 |
ORDINARY |
1 |
|
MR G.C. LISHER |
GBP |
6,084 |
ORDINARY |
1 |
|
A. R.WILLS LTD |
GBP |
4,566 |
ORDINARY |
1 |
|
MRS H.D. GODSMARK & HORNBUCKLE
MITCHELL TRUSTEES LIMITED |
GBP |
3,687 |
ORDINARY |
1 |
|
MR C. LEACH |
GBP |
3,108 |
ORDINARY |
1 |
|
MR D.J. GODSMARK & HORNBUCKLE
MITCHELL TRUSTEES LIMITED |
GBP |
3,000 |
ORDINARY |
1 |
|
F. A.SECRETT LTD |
GBP |
2,897 |
ORDINARY |
1 |
|
TODDINGTON NURSERIES LTD |
GBP |
2,520 |
ORDINARY |
1 |
|
MR S.C. TULLEY |
GBP |
2,299 |
ORDINARY |
1 |
|
WINDMILL NURSERIES LIMITED |
GBP |
2,269 |
ORDINARY |
1 |
|
MR P. LIVERMAN |
GBP |
2,148 |
ORDINARY |
1 |
|
MR H.J. MEYER |
GBP |
1,959 |
ORDINARY |
1 |
|
FRESH WILLOW LIMITED |
GBP |
1,786 |
ORDINARY |
1 |
|
MR M. WILSON |
GBP |
1,654 |
ORDINARY |
1 |
|
MRS H.D. GODSMARK |
GBP |
1,592 |
ORDINARY |
1 |
|
Unable
to report percentage holdings as filed
Shareholder listing is not full. |
||||
|
Date
Of Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£20,772,773 |
-2.3% |
£21,272,115 |
-0.1% |
£21,298,130 |
19.2% |
£17,863,626 |
17.1% |
£15,251,082 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£16,888,315 |
-2% |
£17,238,692 |
0% |
£17,231,501 |
19.9% |
£14,369,258 |
14.4% |
£12,558,765 |
|
Gross Profit |
£3,884,458 |
-3.7% |
£4,033,423 |
-0.8% |
£4,066,629 |
16.4% |
£3,494,368 |
29.8% |
£2,692,317 |
|
Wages & Salaries |
£2,083,955 |
1.3% |
£2,057,074 |
2.3% |
£2,011,115 |
14.9% |
£1,750,299 |
21.7% |
£1,438,153 |
|
Directors |
|
|
|
|
|
|
|
|
|
|
|
£335,295 |
-5.3% |
£353,939 |
-15.5% |
£418,856 |
9.8% |
£381,545 |
30.6% |
£292,205 |
|
Emoluments |
|
|
|
|
|
|
|
|
|
|
Operating Profit |
£494,589 |
-21% |
£626,294 |
-20.1% |
£784,092 |
11.2% |
£705,185 |
131.9% |
£304,130 |
|
Depreciation |
£192,919 |
0.7% |
£191,523 |
5.6% |
£181,366 |
22% |
£148,702 |
-9.3% |
£163,906 |
|
Audit Fees |
£12,000 |
- |
£12,000 |
- |
£12,000 |
- |
£12,000 |
1.9% |
£11,779 |
|
Interest Payments |
£24,003 |
1% |
£23,762 |
-13.5% |
£27,481 |
25.3% |
£21,935 |
-38.2% |
£35,496 |
|
Pre Tax Profit |
£470,650 |
-21.9% |
£602,592 |
-20.4% |
£756,683 |
10.7% |
£683,305 |
154.3% |
£268,702 |
|
Taxation |
-£74,950 |
34.4% |
-£114,285 |
36.9% |
-£180,998 |
-5.7% |
-£171,213 |
-198.3% |
-£57,392 |
|
Profit After Tax |
£395,700 |
-19% |
£488,307 |
-15.2% |
£575,685 |
12.4% |
£512,092 |
142.3% |
£211,310 |
|
Dividends Payable |
£123,195 |
8.3% |
£113,718 |
20% |
£94,766 |
150% |
£37,907 |
-9.1% |
£41,697 |
|
Retained Profit |
£272,505 |
-27.3% |
£374,589 |
-22.1% |
£480,919 |
1.4% |
£474,185 |
179.6% |
£169,613 |
BALANCE SHEET
|
Date Of Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Tangible Assets |
£1,737,417 |
-4.2% |
£1,812,968 |
-0.1% |
£1,815,273 |
3.6% |
£1,752,245 |
2% |
£1,717,419 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£1,737,417 |
^1.2% |
£1,812,968 |
-0.1% |
£1,815,273 |
3.6% |
£1,752,245 |
2% |
£1,717,419 |
|
Stock |
£1,959,213 |
1.9% |
£1,923,151 |
-14.3% |
£2,244,655 |
16% |
£1,935,287 |
27.2% |
£1,520,888 |
|
Trade Debtors |
£2,894,301 |
-9.6% |
£3,201,447 |
-2.8% |
£3,293,234 |
13.2% |
£2,908,380 |
27.6% |
£2,279,316 |
|
Cash |
£513,181 |
2.8% |
£499,073 |
53.7% |
£324,793 |
-35.5% |
£503,631 |
262% |
£139,142 |
|
Other Debtors |
£339,921 |
169.4% |
£126,171 |
376.9% |
£26,454 |
3.4% |
£25,575 |
-30.1% |
£36,588 |
|
Miscellaneous |
n |
|
n |
|
n |
|
n |
|
n |
|
Current Assets |
u |
|
u |
|
u |
|
u |
|
u |
|
Total Current Assets |
£5,706,616 |
-0.8% |
£5,749,842 |
-2.4% |
£5,889,136 |
9.6% |
£5,372,873 |
35.1% |
£3,975,934 |
|
Trade Creditors |
£2,038,346 |
-9.3% |
£2,247,135 |
-11.4% |
£2,535,049 |
0.8% |
£2,514,715 |
27.7% |
£1,968,853 |
|
Bank Loans & |
|
|
|
|
|
|
|
|
|
|
Overdrafts |
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
Other Short Term Finance |
£132,874 |
-5.7% |
£140,956 |
3.2% |
£136,616 |
18.9% |
£114,929 |
17.5% |
£97,785 |
|
Miscellaneous Current
Liabilities |
£629,951 |
-14.8% |
£739,378 |
-24.9% |
£984,434 |
4.6% |
£941,087 |
57.7% |
£596,654 |
|
Total Current Liabilities |
£2,801,171 |
-10.4% |
£3,127,469 |
-14.5% |
£3,656,099 |
24% |
£3,570,731 |
34.1% |
£2,663,292 |
|
Bank Loans &
Overdrafts and LTL |
£148,558 |
-30.4% |
£213,542 |
6.2% |
£201,100 |
6.9% |
£188,096 |
36.8% |
£137,505 |
|
Other Long Term Finance |
£148,558 |
-30.4% |
£213,542 |
6.2% |
£201,100 |
6.9% |
£188,096 |
36.8% |
£137,505 |
|
Total Long Term
Liabilities |
£148,558 |
-30.4% |
£213,542 |
6.2% |
£201,100 |
6.9% |
£188,096 |
36.8% |
£137,505 |
|
Capital & Reserves |
|
|
|
|
|
|
|
|
|
|
Date Of Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Called Up Share Capital |
£189,531 |
- |
£189,531 |
- |
£189,531 |
- |
£189,531 |
- |
£189,531 |
|
P & L Account Reserve |
£3,491,690 |
8.5% |
£3,219,185 |
13.2% |
£2,844,596 |
20.3% |
£2,363,677 |
25.1% |
£1,889,492 |
|
Revaluation Reserve |
£780,235 |
- |
£780,235 |
- |
£780,235 |
- |
£780,235 |
- |
£780,235 |
|
Sundry Reserves |
£32,848 |
- |
£32,848 |
- |
£32,848 |
- |
£32,848 |
-1.4% |
£33,298 |
|
Shareholder Funds |
£4,494,304 |
6.5% |
£4,221,799 |
9.7% |
£3,847,210 |
14.3% |
£3,366,291 |
164% |
£2,892,556 |
|
Other Financial Items |
|
|
|
|
|
|
|
|
|
|
Date Of Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Net Worth |
£4,494,304 |
6.5% |
£4,221,799 |
9.7% |
£3,847,210 |
14.3% |
£3,366,291 |
16.4% |
£2,892,556 |
|
Working Capital |
£2,905,445 |
10.8% |
£2,622,373 |
174% |
£2,233,037 |
23.9% |
£1,802,142 |
37.3% |
£1,312,642 |
|
Total Assets |
£7,444,033 |
-1.6% |
£7,562,810 |
-1.8% |
£7,704,409 |
8.1% |
£7,125,118 |
25.1% |
£5,693,353 |
|
Total Liabilities |
£2,949,729 |
-11.7% |
£3,341,011 |
-13.4% |
£3,857,199 |
2.6% |
£3,758,827 |
34.2% |
£2,800,797 |
|
Net Assets |
£4,494,304 |
6.5% |
£4,221,799 |
9.7% |
£3,847,210 |
14.3% |
£3,366,291 |
16.4% |
£2,892,556 |
|
Cash Flow |
|
|
|
|
|
|
|
|
|
|
Date Of Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Net Cashflow from
Operations |
£459,071 |
-29.5% |
£651,271 |
110.5% |
£309,422 |
-49.5% |
£612,219 |
-35.1% |
£943,601 |
|
Net Cashflow before
Financing |
£180,541 |
-47.3% |
£342,547 |
999.9% |
-£31,068 |
-106.2% |
£502,805 |
-40.1% |
£838,983 |
|
Net Cashflow from Financing |
-£166,433 |
1.1% |
-£168,267 |
-13.9% |
-£147,770 |
-6.8% |
-£138,316 |
-6.8% |
-£129,551 |
|
Increase in Cash |
£14,108 |
-91.9% |
£174,280 |
197.5% |
-£178,838 |
-149.1% |
£364,489 |
-48.6% |
£709,432 |
MISCELLANEOUS
|
Date of
Accounts |
30/09/13 |
(%) |
30/09/12 |
(%) |
30/09/11 |
(%) |
30/09/10 |
(%) |
30/09/09 |
|
Contingent Liability |
- |
No |
- |
No |
- |
No |
- |
No |
- |
|
Capital Employed |
£4,642,862 |
4.7% |
£4,435,341 |
9.6% |
£4,048,310 |
13.9% |
£3,554,387 |
17.3% |
£3,030,061 |
|
Number of Employee |
61 |
-1.6% |
62 |
10.7% |
56 |
12% |
50 |
6.4% |
47 |
Auditors CARPENTER BOX LLP
Auditor Comments The audit
report contains no adverse comments
NATIONAL
WESTMINSTER BANK PLC
Bankers
Bank Branch Code 60-24-31
RATIOS
|
Date
Of Accounts |
30/09/13 |
30/09/12 |
30/09/11 |
30/09/10 |
30/09/09 |
|
Pre-tax
profit margin % |
2.27 |
2.83 |
3.55 |
3.83 |
1.76 |
|
Current
ratio |
2.04 |
1.84 |
1.61 |
1.50 |
1.49 |
|
Sales/Net
Working Capital |
7.15 |
8.11 |
9.54 |
9.91 |
11.62 |
|
Gearing
% |
3.30 |
5.10 |
5.20 |
5.60 |
4.80 |
|
Equity
in % |
60.40 |
55.80 |
49.90 |
47.20 |
50.80 |
|
Creditor
Days |
35.71 |
38.45 |
43.32 |
51.24 |
46.99 |
|
Debtor
Days |
50.71 |
54.78 |
56.28 |
59.26 |
54.40 |
|
Liquidity/Acid
Test |
1.33 |
1.22 |
0.99 |
0.96 |
0.92 |
|
Return
On Capital Employed % |
10.13 |
13.58 |
18.69 |
19.22 |
8.86 |
|
Return
On Total Assets Employed % |
6.32 |
7.96 |
9.82 |
9.59 |
4.71 |
|
Current
Debt Ratio |
0.62 |
0.74 |
0.95 |
1.06 |
0.92 |
|
Total
Debt Ratio |
0.65 |
0.79 |
1 |
1.11 |
0.96 |
|
Stock
Turnover Ratio % |
9.43 |
9.04 |
10.53 |
10.83 |
9.97 |
|
Return
on Net Assets Employed % |
10.47 |
14.27 |
19.66 |
20.29 |
9.28 |
Report Notes
There are no notes to display.
Status History
No Status History found
|
Event
History |
|
|
Date |
Description |
|
22/10/2014 |
Annual Returns |
|
10/02/2014 |
New Accounts Filed |
|
09/10/2013 |
Annual Returns |
|
05/04/2013 |
Mr K.R. Cox has left the board |
|
13/03/2013 |
New Accounts Filed |
|
09/10/2012 |
Annual Returns |
|
19/04/2012 |
Change in Reg.Office |
|
19/04/2012 |
Change of Company Postcode |
|
28/02/2012 |
New Accounts Filed |
|
28/02/2012 |
New Accounts Filed |
|
28/10/2011 |
Annual Returns |
|
27/10/2011 |
Change in Reg.Office |
|
27/10/2011 |
Change of Company Postcode |
Previous Company Names
No Previous Names found
Writ Details
No writs found
|
Statistics |
|
Summary |
|
|
|
Group |
- |
Holding
Company |
- |
|
|
Linkages |
0 companies |
Ownership
Status |
|
|
|
Countries |
In 0 countries |
Ultimate
Holding Company |
- |
|
Group structure
|
|
No group structure |
|
|
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 |
7 |
£87,461 |
|
|
Company
Name |
Amount |
Statement
Date |
|
R A Meredith &
Son (Blooms) Limited |
£34,742 |
27/10/2011 |
|
Salmans Limited |
£25,255 |
28/02/2014 |
|
Peacocks Garden World
Limited |
£14,972 |
02/09/2011 |
|
Linea Verde UK Limited |
£5,483 |
29/01/2010 |
|
Orchard Nurseries
(Terrington) Limited |
£3,716 |
04/09/2013 |
|
Coronation Nursery Limited |
£2,715 |
26/03/2014 |
|
Air-Raid Limited |
£578 |
15/07/2010 |
Previous Director
/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Kenneth Richard Cox |
0 |
6 |
|
Gerald Hayman |
0 |
1 |
|
Average Invoice Value |
|
£739.16 |
|
Invoices available |
|
64 |
|
Paid |
|
59 |
|
Outstanding |
|
5 |
Trade Payment Data is information
that we collect from selected third party
partners who send us information about
their whole sales ledger.
|
|
Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
|
Paid |
44 |
13 |
1 |
0 |
1 |
|
Outstanding |
2 |
3 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
|
|
1 |
Rs.93.13 |
|
Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
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.