MIRA INFORM REPORT

Report No. :	330597
Report Date :	06.07.2015

IDENTIFICATION DETAILS

Name :	ASDA STORES LIMITED
Formerly Known As :	ASSOCIATED DAIRIES LIMITED
Registered Office :	ASDA Housesouth Bankgreat Wilson Streetls11 5AD
Country :	United Kingdom
Financials (as on) :	31.12.2013
Date of Incorporation :	19.02.1949
Legal Form :	Limited Company
Line of Business :	Other Retail Sale in Non-Specialised Stores Food, Clothing, Home and Leisure Products.
No. of Employee :	176637

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

ASDA STORES LIMITED

Company No. 00464777

Registered Address: ASDA HOUSESOUTH BANKGREAT WILSON STREETLS11 5AD

Company Summary

Registered Address ASDA HOUSE Trading Address Asda House
SOUTH BANK Great Wilson Street

GREAT WILSON Leed

STREET West Yorkshire
LS11 LS11 5AD

Website Address http://www.asda.com

Telephone Number 01132435435 Fax Number

TPS No FPS No

Incorporation Date 19/02/1949

Previous Name ASSOCIATED DAIRIES LIMITED Type Private limited with Share Capital

FTSE Index --

Date of Change 25/08/1987 Filing Date of Accounts 17/10/2014

Currency GBP Share Capital £757,586,369

SIC07 47190 Charity Number --

SIC07 Description OTHER RETAIL SALE IN NON-SPECIALISED STORES

Principal Activity Food, clothing, home and leisure products.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31/12/2013	£23,299,400,000	£605,100,000	£5,485,600,000	176637
31/12/2012	£22,813,900,000	£483,500,000	£5,111,000,000	178792
31/12/2011	£21,661,000,000	£506,900,000	£4,624,000,000	176453

Mortgage Summary

Total Mortgage 7

Outstanding 4

Satisfied 3

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 21

Total Value of Documented Trade £222,878

Commentary

This company has been treated as a Large company in respect of the rating/limit generated.

This is a very large company with total assets in excess of £5 billion and shareholders' funds greater than £50 million.

This company's return on total assets employed ratio indicates a highly efficient use of assets.

This company has made late payments on a medium percentage of invoices.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's bank loans and overdrafts (less cash) account for a moderate percentage of short term liabilities.

CCJ

*Total Number of Exact CCJs -	58	Total Value of Exact CCJs -	£119,652
Total Number of Possible CCJs -	3	Total Value of Possible CCJs -	£3,167
Total Number of Satisfied CCJs -	16	Total Value of Satisfied CCJs -	£26,697
Total Number of Writs -	-

Current Directors

Name	Mark Ibbotson	Date of Birth	03/08/1963
Officers Title	Mr	Nationality	British
Present Appointments	6	Function	Director
Appointment Date	28/01/2013
Address	Asda House, South Bank, Great Wilson Street, Leeds, LS11 5AD

Name	Hayley Tatum	Date of Birth	17/11/1969
Officers Title	Ms	Nationality	British
Present Appointments	6	Function	Director
Appointment Date	03/10/2011
Address	Asda House South Bank, Great Wilson Street, Leeds, West Yorkshire, LS11 5AD

Name	Barry Paul Inman Williams	Date of Birth	20/06/1970
Officers Title	Mr	Nationality	British
Present Appointments	6	Function	Director
Appointment Date	18/02/2013
Address	Asda House, South Bank, Great Wilson Street, Leeds, LS11 5AD

Name	Steve Smith	Date of Birth	27/07/1970
Officers Title	Mr	Nationality	American
Present Appointments	6	Function	Director
Appointment Date	14/05/2012
Address	Asda House, South Bank, Great Wilson Street, Leeds, LS11 5AD

Name	Andrew James Clarke	Date of Birth	04/01/1964
Officers Title	Mr	Nationality	British
Present Appointments	25	Function	Director
Appointment Date	05/09/2005
Address	Asda House Southbank Great Wilson Street, Leeds, LS11 5AD

Name	Alejandro Russo	Date of Birth	21/07/1971
Officers Title	Mr	Nationality	British
Present Appointments	32	Function	Director
Appointment Date	02/02/2014
Address	Asda House, South Bank, Great Wilson Street, Leeds, LS11 5AD

Current Company Secretary

Name	Alexander Simpson	Date of Birth	-
Officers Title	Mr	Nationality
Present Appointments	1	Function	Company Secretary
Appointment Date	01/06/2013
Address	Asda House, South Bank, Great Wilson Street, Leeds, LS11 5AD

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ASDA GROUP LTD	GBP	566,781,240	REDEEMABLE ORDINARY	1	74.81
ASDA GROUP LTD	GBP	190,805,129	ORDINARY	1	25.19

Profit & Loss

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	£23,299,400,000	2.1%	£22,813,900,000	5.3%	£21,661,000,000	5.5%	£20,535,300,000	3.6%	£19,818,600,000
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	£2,464,100,000	0%	£2,464,700,000	5.3%	£2,340,300,000	2.7%	£2,279,000,000	8.3%	£2,104,000,000
Directors Emoluments	£9,400,000	2%	£9,220,000	4.7%	£8,810,000	20%	£7,340,000	18.4%	£6,200,000
Operating Profit	£519,400,000	19.7%	£433,900,000	-6.3%	£463,300,000	9.2%	£424,200,000	-17.4%	£513,500,000
Depreciation	£339,300,000	7.1%	£316,900,000	-1.7%	£322,300,000	-3.5%	£333,900,000	-99.9%	£314,527,000,000
Audit Fees	£200,000	-	£200,000	-33.3%	£300,000	-	£300,000	-	£300,000
Interest Payments	£28,300,000	-79.2%	£135,900,000	13.2%	£120,100,000	-40%	£200,100,000	-23%	£259,800,000
Pre Tax Profit	£605,100,000	25.1%	£483,500,000	-4.6%	£506,900,000	3.1%	£491,800,000	-13.9%	£571,100,000
Taxation	-£123,600,000	-18.8%	-£104,000,000	25.1%	-£138,800,000	14.8%	-£163,000,000	-29.7%	-£125,700,000
Profit After Tax	£481,500,000	26.9%	£379,500,000	3.1%	£368,100,000	12%	£328,800,000	-26.2%	£445,400,000
Dividends Payable	£155,000,000	-	-	-	-	-	-	-	-
Retained Profit	£326,500,000	-14%	£379,500,000	3.1%	£368,100,000	12%	£328,800,000	-26.2%	£445,400,000

Balance Sheet

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Tangible Assets	£5,424,400,000	0.3%	£5,408,400,000	2.1%	£5,296,800,000	20.2%	£4,407,400,000	2%	£4,320,200,000
Intangible Assets	£136,600,000	563.1%	£20,600,000	-7.2%	£22,200,000	-6.7%	£23,800,000	-10.9%	£26,700,000
Total Fixed Assets	£5,561,000,000	2.4%	£5,429,000,000	2.1%	£5,319,000,000	20%	£4,431,200,000	1.9%	£4,346,900,000
Stock	£1,069,800,000	-3.3%	£1,105,800,000	12.7%	£981,300,000	-1.1%	£992,100,000	8.9%	£911,000,000
Trade Debtors	£129,000,000	8.2%	£119,200,000	-3.1%	£123,000,000	-9.9%	£136,500,000	-10%	£151,600,000
Cash	0	-100%	£365,400,000	480%	£63,000,000	-70.1%	£211,000,000	-4.5%	£221,000,000
Other Debtors	£2,222,800,000	66.4%	£1,335,900,000	-47.4%	£2,539,900,000	5.8%	£2,399,600,000	-38.8%	£3,919,100,000
Miscellaneous Current Assets	£1,200,000	-	0	-	0	-	0	-	0
Total Current Assets	£3,422,800,000	17%	£2,926,300,000	-21.1%	£3,707,200,000	-0.9%	£3,739,200,000	-28.1%	£5,202,700,000
Trade Creditors	£2,003,200,000	3.5%	£1,935,200,000	1.7%	£1,902,400,000	-6.7%	£2,039,700,000	6.5%	£1,915,300,000
Bank Loans & Overdrafts	£115,400,000	999.9%	£100,000	-	0	-	0	-	0
Other Short Term Finance	£172,000,000	106.5%	£83,300,000	-93.5%	£1,277,800,000	103.2%	£628,700,000	-74.7%	£2,480,500,000
Miscellaneous Current Liabilities	£848,300,000	-1.2%	£859,000,000	4.6%	£820,900,000	8.7%	£755,500,000	4.9%	£720,000,000
Total Current Liabilities	£3,138,900,000	9.1%	£2,877,600,000	-28.1%	£4,001,100,000	16.9%	£3,423,900,000	-33.1%	£5,115,800,000
Bank Loans & Overdrafts and LTL	£474,700,000	29.4%	£366,800,000	-8.6%	£401,100,000	-18.4%	£491,400,000	17.8%	£417,100,000
Other Long Term Finance	£105,700,000	999.9%	£4,200,000	-6.7%	£4,500,000	-	0	-	0
Total Long Term Liabilities	£359,300,000	-2%	£366,700,000	-8.6%	£401,100,000	-18.4%	£491,400,000	17.8%	£417,100,000

Capital & Reserves

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Called Up Share Capital	£757,600,000	-	£757,600,000	27.4%	£594,800,000	-	£594,800,000	-	£594,800,000
P & L Account Reserve	£3,658,200,000	11.4%	£3,283,000,000	10.6%	£2,968,400,000	14.2%	£2,598,500,000	10.1%	£2,360,100,000
Revaluation Reserve	£119,500,000	-0.5%	£120,100,000	8.7%	£110,500,000	-0.9%	£111,500,000	-	£111,500,000
Sundry Reserves	£950,300,000	-	£950,300,000	-	£950,300,000	-	£950,300,000	-	£950,300,000
Shareholder Funds	£5,485,600,000	7.3%	£5,111,000,000	10.5%	£4,624,000,000	8.7%	£4,255,100,000	5.9%	£4,016,700,000

Other Financial Items

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Net Worth	£5,349,000,000	5.1%	£5,090,400,000	10.6%	£4,601,800,000	8.8%	£4,231,300,000	6%	£3,990,000,000
Working Capital	£283,900,000	483%	£48,700,000	116.6%	-£293,900,000	-193.2%	£315,300,000	262.8%	£86,900,000
Total Assets	£8,983,800,000	7.5%	£8,355,300,000	-7.4%	£9,026,200,000	10.5%	£8,170,400,000	-14.4%	£9,549,600,000
Total Liabilities	£3,498,200,000	7.8%	£3,244,300,000	-26.3%	£4,402,200,000	12.4%	£3,915,300,000	-29.2%	£5,532,900,000
Net Assets	£5,485,600,000	7.3%	£5,111,000,000	10.5%	£4,624,000,000	8.7%	£4,255,100,000	5.9%	£4,016,700,000

Cash Flow

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/12/13		(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Contingent Liability	YES		-	YES	-	NO	-	NO	-	NO
Capital Employed	£5,844,900,000		6.7%	£5,477,700,000	9%	£5,025,100,000	5.9%	£4,746,500,000	7.1%	£4,433,800,000
Number of Employees	176637		-1.2%	178792	1.3%	176453	2.3%	172458	2.2%	168666
Auditors		ERNST & YOUNG LLP
Auditor Comments		The audit report contains no adverse comments
Bankers		NATIONAL WESTMINSTER BANK PLC
Bank Branch Code		60-60-05

Ratios

Date Of Accounts	31/12/13	31/12/12	31/12/11	31/12/10	31/12/09
Pre-tax profit margin %	2.60	2.12	2.34	2.39	2.88
Current ratio	1.09	1.02	0.93	1.09	1.02
Sales/Net Working Capital	82.07	468.46	-73.70	65.13	228.06
Gearing %	8.70	7.20	8.70	11.50	10.40
Equity in %	62	61.30	51.40	52.20	42.20
Creditor Days	31.29	30.87	31.96	36.15	35.17
Debtor Days	2.01	1.90	2.06	2.41	2.78
Liquidity/Acid Test	0.74	0.63	0.68	0.80	0.83
Return On Capital Employed %	10.35	8.82	10.08	10.36	12.88
Return On Total Assets Employed %	6.73	5.78	5.61	6.01	5.98
Current Debt Ratio	0.57	0.56	0.86	0.80	1.27
Total Debt Ratio	0.63	0.63	0.95	0.92	1.37
Stock Turnover Ratio %	4.59	4.84	4.53	4.83	4.59
Return on Net Assets Employed %	11.03	9.45	10.96	11.55	14.21

Report Notes

There are no notes to display

Status History

No Status History found

Event History

Date	Description
29/11/2014	Annual Returns
27/10/2014	New Accounts Filed
27/10/2014	New Accounts Filed
27/10/2014	New Accounts Filed
28/04/2014	Ms K.R. Hubbard has left the board
28/04/2014	New Board Member Mr A. Russo appointed
18/04/2014	New Board Member Mr A. Russo appointed
17/04/2014	Mr R.A. Mayfield has left the board
08/01/2014	Annual Returns
11/10/2013	New Accounts Filed
11/10/2013	New Accounts Filed
12/09/2013	Ms E. Doohan has left the board
22/08/2013	New Board Member Mr R.A. Mayfield appointed
15/08/2013	Ms E. Doohan has resigned as company secretary
15/08/2013	New Company Secretary Mr A. Simpson appointed

Previous Company Names

Date	Previous Name
25/08/1987	ASSOCIATED DAIRIES LIMITED

Writ Details

No writs found

Statistics

Group	38 companies
Linkages	15 companies
Countries	In 3 countries

Summary

Holding Company	ASDA GROUP LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	WAL-MART STORES, INC

Group structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
WAL-MART STORES, INC		-	-	$76,000,000,000
BROAD STREET EUROPEAN...	N/A	-	-
BROADSTREET GREAT WI...	04521152	31.12.2013	Y	£23,325,200,000
WAL-MART STORES (U...	03759197	31.12.2013	Y	£23,325,200,000
CORINTH INVESTMEN...	02582550	31.12.2013	N
ASDA GROUP LIMITED	01396513	31.12.2013	Y	£23,325,200,000
ASDA STORES L...	00464777	31.12.2013	N	£23,299,400,000
ASDA STORAG...	02239740	31.12.2013	N
NORDICLINE...	02876040	31.12.2013	N
ESSENCEREAL...	03636566	31.12.2013	N
EVER 1295 L...	03922821	31.12.2013	N
GEORGE SOUR...	04007013	31.12.2013	N	£1,762,551
ASDA SUPERM...	04144792	31.12.2013	N
EVER 2010 L...	02519748	31.12.2013	N
ERTECO U....	02689278	31.12.2013	N
EVER 2010...	02519745	31.12.2013	N
EVER 2010...	03106480	31.12.2013	N
INTERNATION...	05104448	27.12.2013	N	£137,393,000
VINPACK L...	07291940	31.12.2013	N
MCLAGAN INVES...	02127156	31.12.2013	N
THE BURWOOD...	02403767	31.12.2013	N
ISIS REACH...	05050814	28.02.2014	N	£1,000
CHORLEY REN...	06310474	31.12.2013	N
ASDA DELIVE...	03873501	31.12.2013	N	£80,628
ASDA QUEST TR...	03379444	31.12.2013	N
ASDA FINANCIA...	04562707	31.12.2013	N	£26,843,712
POWER4ALL LIM...	06222064	31.12.2013	N	£114,861,000
ASDA EMPLOYEE...	00089218	31.12.2013	N
ASDA SOUTHBAN...	02686810	31.12.2013	N
BANDSOUND L...	02339290	31.12.2013	N
THE GEORG...	02798305	31.12.2013	N
PORTH INVESTM...	04160026	31.12.2013	N	£2,741,000
WAL-MART LN (UK)...	03918551	31.12.2013	N
WAL-MART HOLDINGS INTE...	CHE109859236	-	-
GLOBAL GEORGE LIMITED	05657484	31.12.2013	N
WALMART EMEA LIMITED	07415299	31.01.2014	N	£862,444
WMGS SERVICES LTD	N/A	-	-
WMGS U.K. LTD	05341924	30.06.2013	N

Other Linked companies

Name	Number	Latest Key Financials	Turnover
WINDMILL AMERICAN HOLDINGS B.V.	34305059	31.12.2013
WAL-MART TRANSPORTATION, LLC		-
CLAIMS MANAGEMENT, INC		-
WALMART LABS		-
VUDU INC		-
ONERIOT, INC		-
INKIRU, INC		-
TASTY LABS, INC		-
WAL MART 6462 SAMS CLUB		-
TORBIT, INC		-
LUVOCRACY INC		-
SAM'S WEST, INC		-
ADCHEMY, INC		-
D&S		-
VUDU INC		-

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
17/12/2014	COUNTY COURT BUSINESS CENTRE	£172	Judgment	A2FT025T	-
01/12/2014	COUNTY COURT MONEY CLAIMS CENTRE	£550	Judgment	A63YP756	-
20/11/2014	COUNTY COURT BUSINESS CENTRE	£2,497	Satisfied	A3CX139J	22/01/2015
05/11/2014	COUNTY COURT MONEY CLAIMS CENTRE	£7,927	Judgment	A21YP450	-
09/09/2014	COUNTY COURT MONEY CLAIMS CENTRE	£913	Judgment	A76YM910	-
08/09/2014	COUNTY COURT BUSINESS CENTRE	£143	Judgment	A9QZ551A	-
15/07/2014	COUNTY COURT BUSINESS CENTRE	£1,158	Satisfied	A1XJ0140	26/08/2014
30/04/2014	COUNTY COURT MONEY CLAIMS CENTRE	£802	Judgment	A55YJ272	-
10/01/2014	NORTHAMPTON CCMCC	£2,227	Judgment	3YU10840	-
04/12/2013	NORTHAMPTON CCMCC	£4,988	Judgment	3YQ01794	-
02/12/2013	NORTHAMPTON CCBC	£1,555	Judgment	3QZ49798	-
26/11/2013	NORTHAMPTON CCBC	£955	Judgment	3QZ47680	-
30/10/2013	EXETER	£395	Judgment	3EX00870	-
23/10/2013	NORTHAMPTON CCBC	£1,060	Judgment	3QZ32700	-
14/10/2013	NORTHAMPTON CCBC	£3,048	Judgment	3QZ28275	-
19/09/2013	NORTHAMPTON CCMCC	£5,692	Judgment	3YQ50908	-
28/08/2013	NORTHAMPTON CCBC	£377	Satisfied	3XZ72705	15/10/2013
05/08/2013	NORTHAMPTON CCBC	£7,473	Satisfied	3QT90615	09/09/2013
17/07/2013	NORTHAMPTON CCMCC	£9,495	Judgment	3YL82140	-
03/07/2013	NORTHAMPTON CCMCC	£3,253	Judgment	3YK62093	-
05/06/2013	PLYMOUTH	£430	Judgment	3PL00441	-
22/04/2013	NORTHAMPTON CCMCC	£2,761	Judgment	3YK07877	-
20/04/2013	NORTHAMPTON CCMCC	£1,037	Judgment	3YK19191	-
15/01/2013	NORTHAMPTON CCMCC	£3,664	Judgment	2YN58112	-
09/01/2013	NORTHAMPTON CCBC	£350	Satisfied	2QZ58687	04/03/2013
08/11/2012	NORTHAMPTON CCBC	£306	Judgment	2XQ24419	-
02/11/2012	NORTHAMPTON CCMCC	£23,490	Judgment	2YM24243	-
04/09/2012	NORTHAMPTON CCMCC	£589	Judgment	2YL02565	-
03/08/2012	PORTSMOUTH	£164	Judgment	2PO00552	-
29/06/2012	NORTHAMPTON CCBC	£109	Satisfied	2XQ75306	09/04/2013
20/06/2012	NORTHAMPTON CCMCC	£285	Judgment	2YJ75211	-
15/05/2012	NORTHAMPTON CCBC	£287	Judgment	2QR51123	-
14/01/2012	BIRKENHEAD	£730	Satisfied	1IR76307	13/04/2012
29/09/2011	NORTHAMPTON CCBC	£2,780	Judgment	1QZ05932	-
08/08/2011	ENNISKILLEN COURT OFFICE	£1,854	Judgment	11/068172	-
06/07/2011	CHESTER	£456	Judgment	1IQ64374	-
20/05/2011	BIRMINGHAM	£1,065	Satisfied	1BM00649	12/07/2011
06/05/2011	NORTHAMPTON CCBC	£310	Judgment	1QT33056	-
23/03/2011	ST ALBANS	£214	Judgment	1SI00125	-
25/02/2011	LIVERPOOL	£3,551	Judgment	1LV80087	-
28/01/2011	EASTBOURNE	£700	Judgment	1EA00025	-
14/01/2011	BASINGSTOKE	£437	Satisfied	0JJ15314	07/03/2011
12/01/2011	WAKEFIELD	£2,000	Satisfied	0LS07787	16/05/2011
05/01/2011	NORTHAMPTON CCBC	£61	Judgment	0QZ43565	-
19/12/2010	NORTHAMPTON CCBC	£500	Satisfied	0XZ58602	11/02/2011
18/11/2010	BATH	£2,090	Satisfied	0BA00795	18/05/2011
03/11/2010	FALKIRK	£792	Judgment	SA776/10	-
18/10/2010	BIRKENHEAD	£8,522	Judgment	0BI09457	-
08/09/2010	WESTON SUPER MARE	£175	Judgment	0QT49108	-
27/08/2010	LIVERPOOL	£157	Judgment	0QT46461	-
26/08/2010	BIRKENHEAD	£653	Satisfied	0BI25717	06/10/2010
04/08/2010	NORTHAMPTON CCBC	£1,918	Judgment	0QT76927	-
30/07/2010	SHOREDITCH	£834	Judgment	0UA31243	-
07/07/2010	CENTRAL LONDON	£4,176	Judgment	0QT12969	-
29/06/2010	LIVERPOOL	£2,828	Satisfied	0LV23918	19/11/2010
29/06/2010	TORQUAY	£400	Judgment	0TQ00640	-
08/06/2010	BOURNEMOUTH	£464	Judgment	0BH01481	-
03/06/2010	WATFORD	£511	Judgment	0WD00939	-
12/05/2010	NORTHAMPTON CCBC	£351	Judgment	0QT46106	-
23/04/2010	LEICESTER	£545	Judgment	0LE00968	-
09/04/2010	ALTRINCHAM	£836	Judgment	0AL01074	-
16/03/2010	NORTHAMPTON CCBC	£455	Judgment	0QT21752	-
12/01/2010	LUTON	£515	Judgment	9LU04033	-
07/11/2009	PONTEFRACT	£157	Judgment	9PF00451	-
28/08/2009	NORTHAMPTON CCBC	£647	Judgment	9QZ05668	-
25/08/2009	NORTHAMPTON CCBC	£460	Judgment	9QZ09575	-
12/08/2009	NORTHAMPTON CCBC	£2,799	Judgment	9XH00228	-
10/06/2009	CHESTERFIELD	£3,091	Satisfied	9XN30338	23/09/2009
06/06/2009	DERBY	£6,513	Judgment	9DE02179	-
01/06/2009	NEWPORT (GWENT)	£544	Judgment	9NP01360	-
19/05/2009	STOCKPORT	£1,111	Judgment	9SK02125	-
11/05/2009	STAINES	£249	Judgment	9SM00611	-
20/04/2009	NORTHAMPTON CCBC	£1,339	Satisfied	9XZ71772	29/05/2009
30/03/2009	NORTHAMPTON CCBC	£407	Judgment	9QT31760	-

Possible CCJs Details

Date	Court	Amount	Status	Case Number	Date Paid	Registered CCJ Details
09/02/2012	WOOLWICH	£500	Judgment	2IR00068	-	ASDA SUPERMARKET LIMITED, ASDA HOUSE, SOUTHBANK, GREAT WILSON STREET, LS11 5AD, LS11 5AD
24/06/2011	NORTHAMPTON CCBC	£485	Judgment	1QT57055	-	ASDA, ASDA HOUSE, GREAT WILSON STREET, LEEDS, LS11 5AD, LS11 5AD
06/02/2009	NORTHAMPTON CCBC	£2,182	Judgment	9XQ50267	-	ASDA STORES, BRIGHTON MARINA, BRIGHTON, EAST SUSSEX, , BN2 5UT

Mortgage Details

Mortgage Type:	MORTGAGE
Date Charge Created:	23/04/97
Date Charge Registered:	30/04/97
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	UNIVERSITY OF HERTFORDSHIRE HIGHER EDUCATION CORPORATION
Amount Secured:	£1,850,000 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE MORTGAGE
Details:	L/H PROPERTY K/A ASQUITH HOUSE HATFIELDT/NO.HD261615 TOGETHER WITH ALL BUILDINGS FIXTURES (INCLUDINGTRADE FIXTURES) AND FIXED PLANT AND MACHINERY FROM TIME TO TIME ON THE PROPERTY
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	07/02/96
Date Charge Registered:	21/02/96
Date Charge Satisfied:	11/06/98
Status:	SATISFIED
Person(s) Entitled:	UNITED KINGDOM PROPERTY COMPANY PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE PURSUANT TO THE PROVISIONS OF AN AGREEMENT DATED 23RD JANUARY 1996
Details:	LAND AND BUILDINGS SITUATE AT HANDSWORTH ROAD SHEFFIELD T/NO SYK363512 AND SYK340361
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/04/89
Date Charge Registered:	28/04/89
Date Charge Satisfied:	19/12/91
Status:	SATISFIED
Person(s) Entitled:	ARROWCROFT ESTATES LIMITED.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF A LEGAL CHARGE DATED 23/12/88 AND THIS CHARGE
Details:	1)PROPERTY AT BURTON ROAD KENDAL CUMBRIA WITH ALL BUILDINGS AND OTHER STRUCTURES 2)FIXED EQUITABLE CHARGE THE BENEFIT OF:-A) EACH AND ALL OF THE CONTRACTSB) THE COPYRIGHTS AND RIGHTS IN THE NATURE OFCOPYRIGHT VESTED IN THE MORTGAGORC) ALL GUARANTEES AND WARRANTEESD) ALL INSURANCE POLICIES
Mortgage Type:	FURTHER CHARGE
Date Charge Created:	08/07/86
Date Charge Registered:	09/07/86
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SUN LIFE ASSURANCE COMPANY OF CANADA.
Amount Secured:	£225,000 AND ALL MONEYS DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE PRINCIPAL DEED DATED 24/8/71
Details:	ALL THAT PLOT OF LAND SITUATE OFF CORPORATION STREET, COLNE LANCASHIRE CONTAINING 1.38 ACRES OR THEREABOUTS.
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	03/07/86
Date Charge Registered:	07/07/86
Date Charge Satisfied:	14/05/97
Status:	SATISFIED
Person(s) Entitled:	STC PROPERTIES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE LEGAL CHARGE.
Details:	L/H PROPERTY AT CROWHURST ROAD HOLLINGBURY BRIGHTON EAST SUSSEX.
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	15/07/70
Date Charge Registered:	22/08/72
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LEGAL & GENERAL ASSURANCE SOCIETY LTD.
Amount Secured:	SECURING £200,000
Details:	ASDA STORE (FORMERLY SOHO WORKS) SOHO STREET, WIGAN, LANCS
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/08/71
Date Charge Registered:	26/08/71
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SUN LIFE ASSURANCE CO OF CANADA
Amount Secured:	£225,000
Details:	LAND & BUILDINGS & FIXTURES IN CORPORATION STREET COLNE LANCS

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	21	£222,878
Company Name		Amount	Statement Date
Evotel Risun Ltd		£60,401	01/05/2014
Allmonde Group Limited		£35,615	24/11/2011
Time 4 Furniture Limited		£22,491	28/11/2011
Tyler Ltd		£21,000	20/12/2012
Bike Insurer Services Ltd		£14,440	02/08/2011
Jacob Foodservice Ltd		£13,023	14/08/2013
Ignito Limited		£12,156	05/02/2010
Jacob Foodservice Ltd		£8,754	14/08/2013
Method Two Limited		£8,111	07/02/2012
N B Q A Ltd		£5,581	22/06/2012
Candour Event Marketing Limited		£5,252	16/10/2009
Candy Chaos Ltd		£5,132	11/05/2012
Sportskit Limited		£4,441	19/05/2010
Eurocash Corporation Limited		£3,318	25/06/2010
Carbon Marketing Limited		£1,020	09/05/2014
Abode Furnishings Ltd		£842	10/11/2011
Sussex Mushrooms Ltd		£360	29/07/2011
South Wales Security Limited		£282	03/12/2010
Northumbria Home Improvements Limited		£249	30/01/2013
Catalyst Rail Services Ltd		£210	27/04/2012
Grasshopper Babywear (Wolverhampton) Limited		£200	31/08/2012

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Eleanor Doohan	3	29
Gwyneth Victoria Burr	2	3
Frank James Allan	0	1
William Edward Bailey	0	2
Keith Clarke	0	1
Michael A Palmer	0	1
Denise Nichola Jagger	32	50
Denise Nichola Jagger	32	50
Lloyd Anthony Campbell	6	21
Peter William Monaghan	0	3
Francis Benjamin Atkinson	0	10
Stephen Godfrey Clark	0	7
James Richard Harker	2	6
John Duggan	14	35
Jonathan Gaunt Fox	2	1
Michael John Russell	0	1
James Ballingall	1	6
Lawrence Frederick Boyle	0	1
John Galloway	0	3
Keith Shingler	0	1
Maurice Gordon McBeath	0	3
Philip Richard Langsdale	2	14
Richard Nigel Bendel	13	14
Richard Wilson Brewer	1	2
Anthony George Jeffries	0	5
Brian Carr Milburn	4	23
Philip Martin White	18	189
Francis Robert Emmott	1	6
Michael William Fleming	0	3
David Downie	23	3
Dana Elizabeth Armstrong	1	2
Philip Robert Cox	18	64
Philip Robert Cox	18	64
Michael Andrew Coupe	0	9
Howard Glen Bowles	0	1
Steven Anthony Cain	0	10
Andrew Hedley Hornby	2	26
Anthony Denunzio	11	21
Archibald John Norman	1	23
Geoffrey Graham Street	0	25
David Smith	3	5
Allan Leslie Leighton	4	22
Mark Blundell	0	1
Judith Jane McKenna	1	29
Brian McLaughlin	2	1
Richard Baker	0	6
Angela Lesley Spindler	0	9
Justin Matthew King	0	5
Neil Braithwaite	22	191
David Cheesewright	0	2
Ian McLeod	0	6
John Longworth	0	28
John Longworth	0	28
Anthony Joseph Thompson	12	7
Anthony Robert Page	0	4
Peter Pritchard	0	3
David Cheesewright	0	3
Darren Blackhurst	0	4
Ronald David Scott	3	27
Paul Mason	0	25
Nicholas Ian Cooper	64	94
Chittaranjan Kuchinad	0	3
Philip Dutton	2	359
Charles Robert Redfield	0	5
Eleanor Doohan	3	29
Andrew James Bond	21	25
Karen Rachael Hubbard	0	11
Andrew James Clarke	2	11
Richard Andrew Mayfield	1	29
Simon Theodore King	2	6
Douglas John Gurr	1	6

Average Invoice Value	£18401.58
Invoices available	11174
Paid	9515
Outstanding	1659

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	3948	2578	1275	748	966
Outstanding	188	674	185	214	398

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.40
UK Pound	1	Rs.98.94
Euro	1	Rs.70.33

INFORMATION DETAILS

Analysis Done by :	RAS
Report Prepared by :	SDA

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.