MIRA INFORM REPORT
|
Report No. : |
329697 |
|
Report Date : |
03.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
COBELL LTD |
|
|
|
|
Registered Office : |
The
Juice House, 1 Leigham Business Units, Exeter EX2 8HY |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
12.11.1999
|
|
|
|
|
Com. Reg. No.: |
03876527 |
|
|
|
|
Legal Form : |
Private
Limited with Share Capital |
|
|
|
|
Line of Business : |
· Wholesale of Fruit and Vegetable Juices, Mineral Water and Soft Drinks. · Importation, Wholesale and Distribution of Fruit Juice Products. |
|
|
|
|
No. of Employees : |
40 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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. 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. In 2008, 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. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated an austerity program, which aimed to lower London's budget
deficit from about 11% of GDP in 2010 to nearly 1% by 2015. 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 20% by 2015. However, the deficit still
remains one of the highest in the G7, standing at 5.8% in 2013. The Bank of
England (BoE) implemented an asset purchase program of 375 billion (approximately
$586 billion) as of December 2014. 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 1.8%, accelerating unexpectedly because of greater
consumer spending and a recovering housing market.
|
Source
: CIA |
Company
Name and address
Company
Name: COBELL LTD
Company
No: 03876527
Company
Status: Active - Accounts Filed
Registered
Address: THE JUICE HOUSE 1 LEIGHAM
BUSINESS UNITS EXETER EX2 8HY
Company
Summary
Registered
Address THE JUICE HOUSE, 1 LEIGHAM
BUSINESS UNITS, EXETER, EX2 8HY
Trading
Address Unit 3, Ducketts Wharf,
South Street, Bishop's Stortford, Hertfordshire, CM23 3AR
Website Address http://www.cobell.co.uk
Telephone
Number 08454856821
Fax
Number --
TPS
No
FPS
No
Incorporation
Date 12/11/1999
Previous
Name --
Type
Private
limited with Share Capital
FTSE
Index -
Date
of Change -
Filing
Date of Accounts 14/10/2014
Currency
GBP
Share
Capital £500,100
SIC07
46341
Charity
Number -
SIC07
Description Wholesale of Fruit and
Vegetable Juices, Mineral Water and Soft Drinks.
Principal
Activity Importation, wholesale
and distribution of fruit juice products.
Key
Financials
Year to Date Turnover Pre
Tax Profit Shareholder Funds Employees
31/03/2014
£44,521,621 £984,211 £2,574,023
40
31/03/2013
£36,283,063 £234,552 £1,836,153
36
31/03/2012
£31,568,743 £438,888 £1,565,320
32
Mortgage
Summary
Total
Mortgage 3
Outstanding 2
Satisfied 1
Trade
Debtors/ Bad Debt Summary
Total
Number of Documented Trade 1
Total
Value of Documented Trade £12,561
Commentary
|
This
company has been treated as a Medium company in respect of the rating/limit
generated. |
|
This
company's ratio of total liabilities to total assets indicates the presence
of moderate equity funding. |
|
This
company's return on total assets employed ratio indicates a relatively
efficient use of assets. |
|
This
company has made late payments on a high percentage of invoices. |
|
This
company's bank loans and overdrafts (less cash) account for a moderate
percentage of short term liabilities. |
|
This
company trades in an industry with a lower level of corporate failures. |
CCJ
|
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 - |
- |
|
Total
Current Directors |
5 |
|
Total
Current Secretaries |
1 |
|
Total
Previous Directors / Company Secretaries |
7 |
Current
Directors
|
Name |
Nicholas
Simon Sprague |
Date
of Birth |
01/03/1967 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
15 |
Function |
Director |
|
Appointment
Date |
10/02/2000 |
||
|
Address |
The
Juice House 1 Leigham Business Units, Silverton Road, Matford Park, Exeter,
Devon, EX2 8HY |
||
|
Name |
Graham
Paget Holland |
Date
of Birth |
11/01/1969 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
8 |
Function |
Director |
|
Appointment
Date |
26/11/2007 |
||
|
Address |
Riverside
House Riverside, Bishop's Stortford, Hertfordshire, CM23 3AJ |
||
|
Name |
David
Michael Pearce |
Date
of Birth |
11/08/1964 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
18 |
Function |
Director |
|
Appointment
Date |
25/03/2005 |
||
|
Address |
The
Juice House 1 Leigham Business Units, Silverton Road, Matford Park, Exeter, Devon,
EX2 8HY |
||
|
Name |
Ian
Charles Taylor |
Date
of Birth |
20/03/1972 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
8 |
Function |
Director |
|
Appointment
Date |
26/11/2007 |
||
|
Address |
Riverside
House Riverside, Bishop's Stortford, Hertfordshire, CM23 3AJ |
||
|
Name |
Robert
John Parsons |
Date
of Birth |
20/12/1965 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
6 |
Function |
Director |
|
Appointment
Date |
01/02/2015 |
||
|
Address |
The
Juice House 1 Leigham Business Units, Silverton Road, Matford Park, Exeter,
Devon, EX2 8HY |
||
Current Company Secretary
|
Name |
Alison
Sarah Sprague |
Date
of Birth |
- |
|
Officers
Title |
Ms |
Nationality |
British |
|
Present
Appointments |
1 |
Function |
Company
Secretary |
|
Appointment
Date |
24/07/2008 |
||
|
Address |
The
Juice House 1 Leigham Business Units, Silverton Road, Matford Park, Exeter,
Devon, EX2 8HY |
||
Top
20 Shareholders
|
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
|
COBELL
INTERNATIONAL LTD |
GBP |
500,000 |
ORDINARY
A |
1 |
99.98 |
|
COBELL
INTERNATIONAL LTD |
GBP |
100 |
ORDINARY
B |
1 |
0.02 |
Financials
PROFIT
& LOSS
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated
A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£44,521,621 |
22.7% |
£36,283,063 |
14.9% |
£31,568,743 |
25.9% |
£25,074,089 |
6.4% |
£23,568,227 |
|
|
Export |
£14,094,331 |
62.2% |
£8,687,796 |
-2.3% |
£8,894,158 |
36.2% |
£6,529,161 |
-4.2% |
£6,812,683 |
|
|
Cost
of Sales |
£39,839,202 |
21.7% |
£32,738,050 |
16.1% |
£28,196,305 |
25.7% |
£22,425,734 |
10.1% |
£20,376,080 |
|
|
Gross
Profit |
£4,682,419 |
32.1% |
£3,545,013 |
5.1% |
£3,372,438 |
27.3% |
£2,648,355 |
-17% |
£3,192,147 |
|
|
Wages
& Salaries |
£1,358,989 |
31.8% |
£1,030,795 |
7% |
£963,217 |
15.4% |
£834,745 |
-23.8% |
£1,095,382 |
|
|
Directors
Emoluments |
£987,500 |
17.6% |
£840,000 |
1.2% |
£830,000 |
- |
- |
- |
- |
|
|
Operating
Profit |
£1,141,722 |
170.4% |
£422,295 |
-34.4% |
£643,719 |
127% |
£283,560 |
-46.1% |
£526,535 |
|
|
Depreciation |
£112,452 |
-18.8% |
£138,526 |
4.9% |
£131,997 |
-2.1% |
£134,893 |
5.6% |
£127,731 |
|
|
Audit
Fees |
£15,888 |
2.5% |
£15,500 |
29.2% |
£12,000 |
- |
£12,000 |
20% |
£10,000 |
|
|
Interest
Payments |
£157,511 |
-16.1% |
£187,743 |
-8.3% |
£204,831 |
7.3% |
£190,813 |
25.4% |
£152,109 |
|
|
Pre
Tax Profit |
£984,211 |
319.6% |
£234,552 |
-46.6% |
£438,888 |
373.2% |
£92,747 |
-70.1% |
£310,554 |
|
|
Taxation |
-£246,341 |
-779% |
£36,281 |
126.9% |
-£134,795 |
-492.5% |
-£22,751 |
80.1% |
-£114,560 |
|
|
Profit
After Tax |
£737,870 |
172.4% |
£270,833 |
-10.9% |
£304,093 |
334.4% |
£69,996 |
-64.3% |
£195,994 |
|
|
Dividends
Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained
Profit |
£737,870 |
172.4% |
£270,833 |
-10.9% |
£304,093 |
334.4% |
£69,996 |
-64.3% |
£195,994 |
BALANCE
SHEET
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
Tangible
Assets |
£600,292 |
15.9% |
£517,902 |
-14.8% |
£608,202 |
6.8% |
£569,521 |
9.3% |
£520,845 |
|
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Fixed Assets |
£600,292 |
15.9% |
£517,902 |
-14.8% |
£608,202 |
6.8% |
£569,521 |
9.3% |
£520,845 |
|
|
Stock |
£3,698,206 |
-0.9% |
£3,731,082 |
57.4% |
£2,369,860 |
34.1% |
£1,767,523 |
1.8% |
£1,737,001 |
|
|
Trade
Debtors |
£6,953,416 |
-5.3% |
£7,339,567 |
43.1% |
£5,129,295 |
6.6% |
£4,810,902 |
10.4% |
£4,357,585 |
|
|
Cash |
£51,387 |
-55.5% |
£115,543 |
-44% |
£206,189 |
143.4% |
£84,705 |
-76.2% |
£356,568 |
|
|
Other
Debtors |
£1,032,358 |
2.7% |
£1,005,336 |
-11.1% |
£1,131,107 |
38.1% |
£819,015 |
15% |
£712,353 |
|
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Current Assets |
£11,735,367 |
-3.7% |
£12,191,528 |
38% |
£8,836,451 |
18.1% |
£7,482,145 |
4.4% |
£7,163,507 |
|
|
Trade
Creditors |
£4,727,819 |
-35.3% |
£7,305,000 |
80.7% |
£4,043,545 |
11.8% |
£3,617,392 |
-11.1% |
£4,069,192 |
|
|
Bank
Loans & Overdrafts |
£3,354,898 |
56.7% |
£2,140,861 |
28% |
£1,672,920 |
-19.7% |
£2,084,403 |
54.4% |
£1,350,295 |
|
|
Other
Short Term Finance |
£222,703 |
30.5% |
£170,688 |
-25% |
£227,458 |
-22.1% |
£291,929 |
8% |
£270,358 |
|
|
Miscellaneous
Current Liabilities |
£1,415,678 |
25.8% |
£1,125,693 |
-33.3% |
£1,688,550 |
293.5% |
£429,127 |
11.2% |
£386,042 |
|
|
Total
Current Liabilities |
£9,721,098 |
-9.5% |
£10,742,242 |
40.7% |
£7,632,473 |
18.8% |
£6,422,851 |
5.7% |
£6,075,887 |
|
|
Bank
Loans & Overdrafts and LTL |
£3,395,436 |
49.5% |
£2,271,896 |
18.3% |
£1,919,780 |
-21.7% |
£2,451,991 |
38.7% |
£1,767,529 |
|
|
Other
Long Term Finance |
0 |
-100% |
£97,778 |
-49.6% |
£193,844 |
-42% |
£334,369 |
-12% |
£380,095 |
|
|
Total
Long Term Liabilities |
£40,538 |
-69.1% |
£131,035 |
-46.9% |
£246,860 |
-32.8% |
£367,588 |
-11.9% |
£417,234 |
.
CAPITAL
& RESERVES
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
Called
Up Share Capital |
£500,100 |
- |
£500,100 |
- |
£500,100 |
- |
£500,100 |
- |
£500,100 |
|
|
P
& L Account Reserve |
£2,073,923 |
55.2% |
£1,336,053 |
25.4% |
£1,065,220 |
40% |
£761,127 |
10.1% |
£691,131 |
|
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry
Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder
Funds |
£2,574,023 |
40.2% |
£1,836,153 |
17.3% |
£1,565,320 |
24.1% |
£1,261,227 |
5.9% |
£1,191,231 |
OTHER
FINANCIAL ITEMS
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
Net
Worth |
£2,574,023 |
40.2% |
£1,836,153 |
17.3% |
£1,565,320 |
24.1% |
£1,261,227 |
5.9% |
£1,191,231 |
|
|
Working
Capital |
£2,014,269 |
39% |
£1,449,286 |
20.4% |
£1,203,978 |
13.7% |
£1,059,294 |
-2.6% |
£1,087,620 |
|
|
Total
Assets |
£12,335,659 |
-2.9% |
£12,709,430 |
34.6% |
£9,444,653 |
17.3% |
£8,051,666 |
4.8% |
£7,684,352 |
|
|
Total
Liabilities |
£9,761,636 |
-10.2% |
£10,873,277 |
38% |
£7,879,333 |
16% |
£6,790,439 |
4.6% |
£6,493,121 |
|
|
Net
Assets |
£2,574,023 |
40.2% |
£1,836,153 |
17.3% |
£1,565,320 |
24.1% |
£1,261,227 |
5.9% |
£1,191,231 |
CASH
FLOW
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
|
Net
Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
-£342,650 |
|
|
Net
Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
100% |
-£714,601 |
|
|
Net
Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
£161,258 |
|
|
Increase
in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
-£553,343 |
MISCELLANEOUS
|
Date
Of Accounts |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/03/11 |
(%) |
31/03/10 |
|
|
Contingent
Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
Capital
Employed |
£2,614,561 |
32.9% |
£1,967,188 |
8.6% |
£1,812,180 |
11.3% |
£1,628,815 |
1.3% |
£1,608,465 |
|
|
Number
of Employees |
40 |
11.1% |
36 |
12.5% |
32 |
14.3% |
28 |
7.7% |
26 |
|
Accountants |
||||||||||
|
Auditors |
KPMG
LLP |
|||||||||
|
Auditor
Comments |
The
audit report contains no adverse comments |
|||||||||
|
Bankers |
THE
ROYAL BANK OF SCOTLAND PLC |
|||||||||
|
Bank
Branch Code |
16-19-25 |
|||||||||
RATIOS
|
Date
Of Accounts |
31/03/14 |
31/03/13 |
31/03/12 |
31/03/11 |
31/03/10 |
|
|
|
Pre-tax
profit margin % |
2.21 |
0.65 |
1.39 |
0.37 |
1.32 |
|
|
Current
ratio |
1.21 |
1.13 |
1.16 |
1.16 |
1.18 |
|
|
Sales/Net
Working Capital |
22.10 |
25.04 |
26.22 |
23.67 |
21.67 |
|
|
Gearing
% |
131.90 |
123.70 |
122.60 |
194.40 |
148.40 |
|
|
Equity
in % |
20.90 |
14.40 |
16.60 |
15.70 |
15.50 |
|
|
Creditor
Days |
38.65 |
73.28 |
46.62 |
52.51 |
62.84 |
|
|
Debtor
Days |
56.84 |
73.63 |
59.14 |
69.83 |
67.30 |
|
|
Liquidity/Acid
Test |
0.82 |
0.78 |
0.84 |
0.88 |
0.89 |
|
|
Return
On Capital Employed % |
37.64 |
11.92 |
24.21 |
5.69 |
19.30 |
|
|
Return
On Total Assets Employed % |
7.97 |
1.84 |
4.64 |
1.15 |
4.04 |
|
|
Current
Debt Ratio |
3.77 |
5.85 |
4.87 |
5.09 |
5.10 |
|
|
Total
Debt Ratio |
3.79 |
5.92 |
5.03 |
5.38 |
5.45 |
|
|
Stock
Turnover Ratio % |
8.30 |
10.28 |
7.50 |
7.04 |
7.37 |
|
|
Return
on Net Assets Employed % |
38.23 |
12.77 |
28.03 |
7.35 |
26.07 |
Report
Notes
|
There
are no notes to display. |
Status
History
|
No
Status History found |
*Event History
|
Date |
Description |
|
23/06/2015 |
Payment
Data Update Recieved |
|
27/03/2015 |
Annual
Returns |
|
09/03/2015 |
New
Accounts Filed |
|
06/02/2015 |
New
Board Member Mr R.J. Parsons appointed |
|
24/10/2014 |
New
Accounts Filed |
|
24/10/2014 |
New
Accounts Filed |
|
21/04/2014 |
Annual
Returns |
|
02/11/2013 |
New
Accounts Filed |
|
02/11/2013 |
New
Accounts Filed |
|
13/04/2013 |
Annual
Returns |
|
19/12/2012 |
Mr
D.G. Smith has left the board |
|
17/11/2012 |
New
Accounts Filed |
|
24/10/2012 |
Annual
Returns |
|
19/07/2012 |
Change
in Reg.Office |
|
19/07/2012 |
Change
of Company Postcode |
Previous Company Names
|
No
Previous Names found |
Writ
Details
|
No
writs found |
Statistics
|
Group |
2
companies |
|
Linkages |
0
companies |
|
Countries |
In
0 countries |
Summary
|
Holding
Company
|
COBELL
INTERNATIONAL LIMITED |
|
Ownership
Status
|
Wholly
Owned |
|
Ultimate
Holding Company
|
COBELL
INTERNATIONAL LIMITED |
Group
Structure Full
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
COBELL
INTERNATIONAL LIM... |
|
06543226
|
31.03.2014 |
Y |
£44,521,621
|
|
COBELL
LTD |
|
03876527
|
31.03.2014 |
N |
£44,521,621
|
Mortgage
Details
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
19/12/05 |
||
|
Date
Charge Registered: |
23/12/05 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
FIXED
AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT
AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED
PLANT AND MACHINERY |
||
|
Mortgage
Type: |
FIXED
AND FLOATING CHARGE |
||
|
Date
Charge Created: |
09/11/05 |
||
|
Date
Charge Registered: |
22/11/05 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
THE
ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF
THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
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 |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
08/02/00 |
||
|
Date
Charge Registered: |
17/02/00 |
||
|
Date
Charge Satisfied: |
23/06/07 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
BARCLAYS
BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT
WHATSOEVER |
||
|
Details: |
FIXED
AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT
AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED
PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
Trade
Debtors/ Bad Debt Detail
|
Total
Number of Documented Trade |
Total
Value of Documented Trade |
||
|
Trade
Debtors |
1 |
£12,561 |
|
|
Company
Name |
Amount |
Statement
Date |
|
|
Gold
Star Soft Drinks Limited |
£12,561 |
12/01/2010 |
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
|
Alison
Sarah Sprague |
3 |
4 |
|
|
Alison
Sarah Sprague |
3 |
4 |
|
|
Gary
Peter Wyman |
0 |
1 |
|
|
Nicola
Jane Pearce |
2 |
1 |
|
|
FORM
10 DIRECTORS FD LTD |
122 |
52606 |
|
|
FORM
10 SECRETARIES FD LTD |
148 |
52542 |
|
|
David
George Smith |
18 |
26 |
|
|
Average
Invoice Value
|
Ł778.89
|
||
|
Invoices
available
|
123
|
||
|
Paid
|
113
|
||
|
Outstanding
|
10
|
||
|
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 |
61 |
31 |
15 |
1 |
5 |
|
Outstanding |
1 |
5 |
3 |
0 |
1 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.57 |
|
|
1 |
Rs.99.20 |
|
Euro |
1 |
Rs.70.35 |
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.