MIRA
INFORM REPORT
|
Report No. : |
334569 |
|
Report Date : |
30.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
GREIF FLEXIBLES UK LIMITED |
|
|
|
|
Formerly Known As : |
UNSA UK LIMITED |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.10.2014 |
|
|
|
|
Date of Incorporation : |
20.10.1999 |
|
|
|
|
Com. Reg. No.: |
03862410 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture, importing and trading of polypropylene bags. |
|
|
|
|
No. of Employees : |
Not Available |
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 – 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
GREIF
FLEXIBLES UK LIMITED
Company No.
03862410
Company Status
Active – Account Filed
Company Summary
Registered Address DALTON
AIRFIELD
DALTON
THIRSK
YO7 3HE
Trading Address Dalton Airfield
Dalton
Thirsk
North Yorkshire
YO7 3HE
Website
Address http://www.greif-flexibles.com
Telephone
Number 01845577464
Fax
Number
TPS No
FPS No
Incorporation
Date 20/10/1999
Previous
Name UNSA
UK LIMITED
Type Private
limited with Share Capital
FTSE
Index-
Date
of Change 12/08/2011
Filing
Date of Accounts 04/03/2015
Currency
GBP
Share
Capital £200,000
SIC07 32990
Charity
Number -
SIC07
Description OTHER
MANUFACTURING N.E.C.
Principal
Activity Manufacture,
importing and trading of polypropylene bags.
Key Financials
Year to Date Turnover Pre Tax
Profit Shareholder Funds Employees
31/10/2014 £30,890,963 £1,203,675 £3,495,122 97
31/10/2013 £30,439,125 £2,373,779 £2,460,542 97
31/10/2012 £27,427,543 -£254,243 £85,398 95
Mortgage Summary
Total Mortgage 3
Outstanding 1
Satisfied 2
Trade Debtors /
Bad Debt Summary
Total Number of
Documented Trade 0
Total Value of
Documented Trade £0
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 highly efficient use of
assets. |
|
This company has
made late payments on a medium percentage of invoices. |
|
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 |
2 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
16 |
Current Directors
|
Name |
Simon Charles Wildi |
Date of Birth |
23/05/1962 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
9 |
Function |
Director |
|
Appointment Date |
01/08/2011 |
|
|
|
Address |
4 Brattles
Cottages, Fairmans Lane Brenchley,
Tonbridge, Kent, TN12 7AD |
||
|
Name |
Christopher
David Poole |
Date of Birth |
11/01/1965 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
01/09/2004 |
|
|
|
Address |
25
Blackthorn Close, Gedling, Nottingham, NG4 4AU |
||
|
Name |
Nigel
Booth |
Date of Birth |
- |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
1 |
Function |
Company
Secretary |
|
Appointment Date |
01/08/2011 |
|
|
|
Address |
Dalton
Airfield, Dalton, Thirsk, North Yorkshire, YO7 3HE |
||
Top 20
Shareholders
|
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
|
GREIF
TRADING HOLDING B.V. |
GBP |
200,000 |
ORDINARY |
1 |
100 |
Profit & Loss
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
43 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
Turnover |
£30,890,963 |
1.5% |
£30,439,125 |
11% |
£27,427,543 |
127.5% |
£12,053,659 |
230.6% |
£3,646,043 |
|
|
Export |
£1,328,542 |
-12% |
£1,508,932 |
18.7% |
£1,270,913 |
856.2% |
£132,912 |
- |
- |
|
|
Cost of Sales |
£24,980,680 |
-0.2% |
£25,029,494 |
12.4% |
£22,265,142 |
118% |
£10,213,829 |
214% |
£3,253,139 |
|
|
Gross Profit |
£5,910,283 |
9.3% |
£5,409,631 |
4.8% |
£5,162,401 |
180.6% |
£1,839,830 |
368.3% |
£392,904 |
|
|
Wages & Salaries |
£4,105,037 |
9.7% |
£3,742,527 |
0.3% |
£3,732,144 |
307.4% |
£916,026 |
430.5% |
£172,666 |
|
|
Directors Emoluments |
£438,439 |
-0.5% |
£440,840 |
-19% |
£544,405 |
172.9% |
£199,520 |
78% |
£112,081 |
|
|
Operating Profit |
£1,217,583 |
-49.3% |
£2,402,816 |
999.9% |
-£229,675 |
-265.9% |
£138,446 |
22.4% |
£113,089 |
|
|
Depreciation |
£63,720 |
-9.8% |
£70,662 |
27.3% |
£55,493 |
197% |
£18,683 |
318.2% |
£4,468 |
|
|
Audit Fees |
£80,000 |
23.5% |
£64,797 |
101.1% |
£32,225 |
61.1% |
£20,000 |
185.7% |
£7,000 |
|
|
Interest Payments |
£46,423 |
-23.9% |
£61,037 |
18.2% |
£51,656 |
36.5% |
£37,841 |
54% |
£24,578 |
|
|
Pre Tax Profit |
£1,203,675 |
-49.3% |
£2,373,779 |
999.9% |
-£254,243 |
-352.7% |
£100,605 |
13.7% |
£88,511 |
|
|
Taxation |
-£169,095 |
-999.9% |
£1,365 |
-91.3% |
£15,750 |
200% |
-£15,750 |
42.1% |
-£27,217 |
|
|
Profit After Tax |
£1,034,580 |
-56.4% |
£2,375,144 |
999.9% |
-£238,493 |
-381.1% |
£84,855 |
38.4% |
£61,294 |
|
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
£1,034,580 |
-56.4% |
£2,375,144 |
999.9% |
-£238,493 |
-381.1% |
£84,855 |
38.4% |
£61,294 |
Balance Sheet
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Tangible Assets |
£503,555 |
4.9% |
£480,246 |
37.7% |
£348,661 |
14.8% |
£303,705 |
999.9% |
£6,192 |
|
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Fixed Assets |
£503,555 |
4.9% |
£480,246 |
37.7% |
£348,661 |
14.8% |
£303,705 |
999.9% |
£6,192 |
|
|
Stock |
£3,208,758 |
-1.5% |
£3,257,621 |
32.3% |
£2,461,713 |
-19.4% |
£3,052,917 |
454.3% |
£550,786 |
|
|
Trade Debtors |
£5,077,610 |
4.3% |
£4,868,806 |
-7.3% |
£5,250,090 |
-11.4% |
£5,927,447 |
614.3% |
£829,852 |
|
|
Cash |
£1 |
-50% |
£2 |
-100% |
£60,001 |
-93.9% |
£985,151 |
999.9% |
£12,685 |
|
|
Other Debtors |
£1,068,869 |
35.1% |
£791,207 |
-12.5% |
£903,739 |
-5.1% |
£952,561 |
448.9% |
£173,540 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£9,355,238 |
4.9% |
£8,917,636 |
2.8% |
£8,675,543 |
-20.5% |
£10,918,076 |
596.8% |
£1,566,863 |
|
|
Trade Creditors |
£2,337,545 |
-8.8% |
£2,563,091 |
-40.1% |
£4,275,388 |
47.7% |
£2,893,702 |
999.9% |
£131,036 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
£2,579,332 |
-15.5% |
£3,052,442 |
-20.7% |
£3,849,734 |
-40.2% |
£6,434,795 |
546.5% |
£995,275 |
|
|
Miscellaneous Current
Liabilities |
£1,393,833 |
5.5% |
£1,321,357 |
63.6% |
£807,834 |
-47.6% |
£1,543,002 |
642.9% |
£207,708 |
|
|
Total Current Liabilities |
£6,310,710 |
-9% |
£6,936,890 |
-22.3% |
£8,932,956 |
-17.8% |
£10,871,499 |
714.9% |
£1,334,019 |
|
|
Bank Loans & Overdrafts
and LTL |
£52,961 |
999.9% |
£450 |
-92.3% |
£5,850 |
-77.8% |
£26,391 |
- |
0 |
|
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
-100% |
£15,141 |
- |
0 |
|
|
Total Long Term Liabilities |
£52,961 |
999.9% |
£450 |
-92.3% |
£5,850 |
-77.8% |
£26,391 |
- |
0 |
.
Capital &
Reserves
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Called Up Share Capital |
£200,000 |
- |
£200,000 |
- |
£200,000 |
- |
£200,000 |
- |
£200,000 |
|
|
P & L Account Reserve |
£3,295,122 |
45.8% |
£2,260,542 |
999.9% |
-£114,602 |
-192.5% |
£123,891 |
217.4% |
£39,036 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
£3,495,122 |
42% |
£2,460,542 |
999.9% |
£85,398 |
-73.6% |
£323,891 |
35.5% |
£239,036 |
Other Financial
Items
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Net Worth |
£3,495,122 |
42% |
£2,460,542 |
999.9% |
£85,398 |
-73.6% |
£323,891 |
35.5% |
£239,036 |
|
|
Working Capital |
£3,044,528 |
53.7% |
£1,980,746 |
869.5% |
-£257,413 |
-652.7% |
£46,577 |
-80% |
£232,844 |
|
|
Total Assets |
£9,858,793 |
4.9% |
£9,397,882 |
4.1% |
£9,024,204 |
-19.6% |
£11,221,781 |
613.4% |
£1,573,055 |
|
|
Total Liabilities |
£6,363,671 |
-8.3% |
£6,937,340 |
-22.4% |
£8,938,806 |
-18% |
£10,897,890 |
716.9% |
£1,334,019 |
|
|
Net Assets |
£3,495,122 |
42% |
£2,460,542 |
999.9% |
£85,398 |
-73.6% |
£323,891 |
35.5% |
£239,036 |
Cash Flow
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Net Cashflow
from Operations |
£517,728 |
-50% |
£1,036,314 |
-42.4% |
£1,799,350 |
-51.5% |
£3,711,446 |
999.9% |
£75,455 |
|
|
Net Cashflow
before Financing |
£473,559 |
-36.2% |
£742,693 |
-55.8% |
£1,680,452 |
-58.5% |
£4,049,838 |
999.9% |
£73,817 |
|
|
Net Cashflow
from Financing |
-£473,560 |
41% |
-£802,692 |
69.2% |
-£2,605,602 |
15.3% |
-£3,077,372 |
- |
- |
|
|
Increase in Cash |
-£1 |
100% |
-£59,999 |
93.5% |
-£925,150 |
-195.1% |
£972,466 |
999.9% |
£73,817 |
Miscellaneous
|
|
Date Of Accounts |
31/10/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
|
Capital Employed |
£3,548,083 |
44.2% |
£2,460,992 |
999.9% |
£91,248 |
-74% |
£350,282 |
46.5% |
£239,036 |
|
|
Number of Employees |
97 |
- |
97 |
2.1% |
95 |
239.3% |
28 |
460% |
5 |
|
|
Accountants |
|
||||||||
|
|
Auditors |
DELOITTE
LLP |
||||||||
|
|
Auditor Comments |
The
audit report contains no adverse comments |
||||||||
|
|
Bankers |
HSBC
BANK PLC |
||||||||
|
|
Bank Branch Code |
40-02-44 |
||||||||
Ratios
|
|
Date Of Accounts |
31/10/14 |
31/10/13 |
31/10/12 |
31/10/11 |
31/10/10 |
|
|
Pre-tax profit margin % |
3.90 |
7.80 |
-0.93 |
0.83 |
2.43 |
|
|
Current ratio |
1.48 |
1.29 |
0.97 |
1 |
1.17 |
|
|
Sales/Net Working Capital |
10.15 |
15.37 |
-106.55 |
258.79 |
15.66 |
|
|
Gearing % |
1.50 |
0 |
6.90 |
8.10 |
0 |
|
|
Equity in % |
35.50 |
26.20 |
0.90 |
2.90 |
15.20 |
|
|
Creditor Days |
27.54 |
30.65 |
56.74 |
87.38 |
10.81 |
|
|
Debtor Days |
59.83 |
58.22 |
69.67 |
178.99 |
68.50 |
|
|
Liquidity/Acid Test |
0.97 |
0.81 |
0.69 |
0.72 |
0.76 |
|
|
Return On Capital Employed % |
33.92 |
96.45 |
-278.62 |
28.72 |
37.02 |
|
|
Return On Total Assets
Employed % |
12.20 |
25.25 |
-2.81 |
0.89 |
5.62 |
|
|
Current Debt Ratio |
1.80 |
2.81 |
104.60 |
33.56 |
5.58 |
|
|
Total Debt Ratio |
1.82 |
2.81 |
104.67 |
33.64 |
5.58 |
|
|
Stock Turnover Ratio % |
10.38 |
10.70 |
8.97 |
25.32 |
15.10 |
|
|
Return on Net Assets Employed
% |
34.43 |
96.47 |
-297.71 |
31.06 |
37.02 |
Report Notes
There
are no notes to display.
Status History
No
Status History found
Event History
|
Date |
Description |
|
28/07/2015 |
Payment
Data Update Recieved |
|
07/07/2015 |
Payment
Data Update Recieved |
|
19/03/2015 |
New
Accounts Filed |
|
19/03/2015 |
New
Accounts Filed |
|
15/11/2014 |
Annual
Returns |
|
17/07/2014 |
New
Accounts Filed |
|
16/11/2013 |
Annual
Returns |
|
14/11/2013 |
Mr
T.B. Bendis has left the board |
|
14/11/2013 |
Mr
M. Atkinson has left the board |
|
03/05/2013 |
New
Accounts Filed |
|
03/05/2013 |
New
Accounts Filed |
|
19/11/2012 |
Annual
Returns |
|
09/10/2012 |
New
Accounts Filed |
|
09/10/2012 |
New
Accounts Filed |
|
29/11/2011 |
Annual
Returns |
Previous Company Names
|
Date |
Previous
Name |
|
12/08/2011 |
UNSA
UK LIMITED |
|
26/07/2004 |
USF
PACKAGING LIMITED |
|
10/03/2000 |
GAG112
LIMITED |
Writ Details
|
No
writs found |
Statistics
|
Group |
6
companies |
|
Linkages |
206
companies |
|
Countries |
In
57 countries |
Summary
|
Holding
Company |
- |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
GREIF
INC |
Group Structure Full
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
|
- |
- |
$4,239,100,000 |
|
|
HRB
61214 |
31.12.2009 |
N |
|
|
|
34368297 |
31.10.2014 |
N |
|
|
|
IE072659 |
31.10.2014 |
N |
|
|
|
N/A |
- |
- |
|
|
|
03862410 |
31.10.2014 |
N |
£30,890,963 |
Other Linked
Companies
|
Name |
Number |
Latest Key Financials |
Turnover |
|
GREIF
INTERNATIONAL HOLDING B.V. |
33065401 |
31.10.2013 |
|
|
GREIF
FRANCE HOLDINGS |
434754149 |
31.10.2014 |
|
|
GREIF
FRANCE |
552147225 |
31.10.2014 |
€91,063,391 |
|
GREIF
ITALIA S.P.A. |
MI517170 |
31.10.2014 |
€49,130,827 |
|
GREIF
FINANCE B.V. |
33226159 |
31.10.2014 |
|
|
GREIF
SWEDEN AKTIEBOLAG |
5560151317 |
31.10.2013 |
144,782
KSEK |
|
STORSACK
INTERNATIONAL GMBH |
HRB
86933 |
31.10.2010 |
€43,587,657 |
|
VAN
LEER BEHEER I B.V. |
33224887 |
31.10.2010 |
|
|
GREIF
FLEXIBLES BENELUX B.V. |
24107838 |
31.10.2014 |
€31,313,890 |
|
PAAUW
HOLDINGS B.V. |
33146337 |
31.10.2014 |
|
|
ACCON
FLEXIBLES AB |
5566531199 |
31.10.2014 |
62,552
KSEK |
|
GRONYSTAAL
B.V. |
33146885 |
31.10.2014 |
|
|
EMBALLAGEFABRIEKEN
VERMA B.V. |
33147727 |
31.10.2014 |
|
|
GREIF
SWEDEN HOLDING AB |
5565594859 |
31.10.2013 |
|
|
GREIF
SPAIN |
127380 |
- |
|
|
GREIF
SPAIN HOLDINGS |
276287 |
- |
|
|
GREIF
INVESTMENTS |
284958 |
- |
|
|
GREIF
BEHEER B.V. |
30170356 |
- |
|
|
GREIF
VASTGOED B.V. |
33109204 |
- |
|
|
GREIF
INVESTMENTS B.V. |
33241171 |
- |
|
Mortgage Details
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
22/01/09 |
|
|
|
Date
Charge Registered: |
31/01/09 |
|
|
|
Date
Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s)
Entitled: |
CLYDESDALE
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 CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES,
FIXED PLANT & MACHINERY |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
19/08/04 |
|
|
|
Date
Charge Registered: |
21/08/04 |
|
|
|
Date
Charge Satisfied: |
15/07/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
HSBC
BANK PLC |
||
|
Amount
Secured: |
|
||
|
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: |
MORTGAGE
DEBENTURE |
||
|
Date
Charge Created: |
23/03/01 |
|
|
|
Date
Charge Registered: |
31/03/01 |
|
|
|
Date
Charge Satisfied: |
15/07/10 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
|
||
|
Details: |
A
SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTIES AND/OR THE
PROCEEDS OF SALE THEREOF FIXED AND FLOATING CHARGES OVER UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS AND THE
BENEFITS OF ANY LICENCES |
||
Previous
Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Todd
Benjamin Bendis |
0 |
1 |
|
Harry
William Hemens |
11 |
12 |
|
Ian
Stormont Doughty |
16 |
5 |
|
Elizabeth
Ann Bourke |
0 |
4 |
|
Ismail Hakki Ekmen |
0 |
1 |
|
Rob
Godfroy |
0 |
1 |
|
Neil
Roderick Walmsley |
28 |
385 |
|
Ercan
Ersin |
0 |
2 |
|
Ercan
Ersin |
0 |
2 |
|
David
Karl Dawber |
4 |
2 |
|
Selim
Akdogan |
0 |
1 |
|
Michael
Atkinson |
0 |
2 |
|
Michael
Atkinson |
0 |
2 |
|
Idil
Bora |
0 |
1 |
|
David
John Metcalf |
3 |
143 |
|
David
John Metcalf |
3 |
143 |
|
Average Invoice Value |
Ł373.29 |
|
Invoices available |
271 |
|
Paid |
260 |
|
Outstanding |
11 |
|
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 |
100 |
118 |
28 |
14 |
0 |
|
Outstanding |
4 |
4 |
3 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
UK Pound |
1 |
Rs.99.71 |
|
Euro |
1 |
Rs.70.63 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
TRU |
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.