MIRA INFORM REPORT

Report No. :	328407
Report Date :	25.06.2015

IDENTIFICATION DETAILS

Name :	GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED

Registered Office :	80 Great West Road Brentford Middlesex TW8 9GS

Country :	United Kingdome

Financials (as on) :	31.12.2012

Date of Incorporation :	21.06.2012

Legal Form :	Private limited with Share Capital

Line of Business :	Non-Trading Company [We tried to confirm / obtain the detailed activity but the same is not available from any sources]

No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Slow but correct

Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

United Kingdome

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

UNITED KINGDOME - 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

GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED

Registered Address

980 GREAT WEST ROAD BRENTFORD MIDDLESEX TW8 9GS

Company Summary

Registered Address

980 GREAT WEST ROAD
BRENTFORD
MIDDLESEX
TW8 9GS

Trading Address

G S K House
980 Great West Road
Brentford
Middlesex
TW8 9GS

Website Address http://www.gsk.com

Telephone Number 02080475000

Fax Number

TPS No

FPS No

Incorporation Date 21/06/2012

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 29/09/2014

Currency GBP

Share Capital £1

SIC07 74990

Charity Number -

SIC07 Description NON-TRADING COMPANY

Principal Activity

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2013 £532,354,000 £380,000 £306,000 -

Mortgage Summary

Total Mortgage 0

Outstanding 0

Satisfied 0

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

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	4
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	1

Current Directors

Name	GLAXO GROUP LIMITED	Date of Birth	-
Officers Title		Nationality
Present Appointments	1	Function	Director
Appointment Date	21/06/2012
Address	980 Great West Road, Brentford, Middlesex, TW8 9GS
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	EDINBURGH PHARMACEUTICAL INDUSTRIES LIMITED	Date of Birth	-
Officers Title		Nationality
Present Appointments	1	Function	Director
Appointment Date	21/06/2012
Address	Shewalton Road, Irvine, Ayreshire, KA11 5AP
Disqualification Exception	No

Name	Neil O'Hara	Date of Birth	18/03/1973
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	25/03/2013
Address	980 Great West Road, Brentford, Middlesex, TW8 9GS
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Alan George Burns	Date of Birth	31/03/1975
Officers Title	Mr	Nationality	British
Present Appointments	27	Function	Director
Appointment Date	13/12/2012
Address	980 Great West Road, Brentford, Middlesex, TW8 9GS
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Victoria Anne Whyte	Date of Birth	-
Officers Title	Ms	Nationality
Present Appointments	1	Function	Company Secretary
Appointment Date	21/06/2012
Address	980 Great West Road, Brentford, Middlesex, TW8 9GS
Other Actions		View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
SETFIRST LTD	GBP	1	ORDINARY	1	100

Profit & Loss

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	-	(%)	-	(%)	-
Weeks	52	(%)	28	(%)	-	(%)	-	(%)	-
Currency	GBP	(%)	GBP	(%)	-	(%)	-	(%)	-
Consolidated A/cs	N	(%)	N	(%)	-	(%)	-	(%)	-
Turnover	£532,354,000	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	£530,821,000	-	-	-	-	-	-	-	-
Gross Profit	£1,533,000	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	£334,000	-	-	-	-	-	-	-	-
Depreciation	£235,000	-	-	-	-	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	£19,000	-	-	-	-	-	-	-	-
Pre Tax Profit	£380,000	-	-	-	-	-	-	-	-
Taxation	-£74,000	-	-	-	-	-	-	-	-
Profit After Tax	£306,000	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	£306,000	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	-	(%)	-	(%)	-
Tangible Assets	£5,142,000	-	0	-	-	-	-	-	-
Intangible Assets	0	-	0	-	-	-	-	-	-
Total Fixed Assets	£5,142,000	-	0	-	-	-	-	-	-
Stock	£57,085,000	-	0	-	-	-	-	-	-
Trade Debtors	0	-	0	-	-	-	-	-	-
Cash	£4,272,000	-	0	-	-	-	-	-	-
Other Debtors	£155,106,000	-	0	-	-	-	-	-	-
Miscellaneous Current Assets	0	-	0	-	-	-	-	-	-
Total Current Assets	£216,463,000	-	0	-	-	-	-	-	-
Trade Creditors	£221,152,000	-	0	-	-	-	-	-	-
Bank Loans & Overdrafts	0	-	0	-	-	-	-	-	-
Other Short Term Finance	0	-	0	-	-	-	-	-	-
Miscellaneous Current Liabilities	0	-	0	-	-	-	-	-	-
Total Current Liabilities	£221,152,000	-	0	-	-	-	-	-	-
Bank Loans & Overdrafts and LTL	£147,000	-	0	-	-	-	-	-	-
Other Long Term Finance	0	-	0	-	0	-	-	-	-
Total Long Term Liabilities	£147,000	-	0	-	-	-	-	-	-

Capital & Reserves

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	-	(%)	-	(%)	-
Called Up Share Capital	-	-	-	-	-	-	-	-	-
P & L Account Reserve	£306,000	-	-	-	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£306,000	-	-	-	-	-	-	-	-

Other Financial Items

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	-	(%)	-	(%)	-
Net Worth	£306,000	-	-	-	-	-	-	-	-
Working Capital	-£4,689,000	-	-	-	-	-	-	-	-
Total Assets	£221,605,000	-	-	-	-	-	-	-	-
Total Liabilities	£221,299,000	-	-	-	-	-	-	-	-
Net Assets	£306,000	-	-	-	-	-	-	-	-

Cash Flow

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	-	(%)	-	(%)	-
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	(%)	-	(%)	-	(%)	-
Contingent Liability	NO	-	NO	-	-	-	-	-	-
Capital Employed	£453,000	-	-	-	-	-	-	-	-
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors	PRICEWATERHOUSECOOPERS LLP
Auditor Comments	The audit report contains no adverse comments
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/12/13	31/12/12	-	-	-
Pre-tax profit margin %	0.07	-	-	-	-
Current ratio	0.98	-	-	-	-
Sales/Net Working Capital	-113.53	-	-	-	-
Gearing %	48	0	-	-	-
Equity in %	0.10	-	-	-	-
Creditor Days	151.21	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	0.72	-	-	-	-
Return On Capital Employed %	83.88	-	-	-	-
Return On Total Assets Employed %	0.17	-	-	-	-
Current Debt Ratio	722.71	-	-	-	-
Total Debt Ratio	723.19	-	-	-	-
Stock Turnover Ratio %	10.72	-	-	-	-
Return on Net Assets Employed %	124.18	-	-	-	-

Statistics

Group	98 companies
Linkages	129 companies
Countries	In 45 countries

Summary

Holding Company	SETFIRST LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	GLAXOSMITHKLINE PLC

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE PLC	03888792	31.12.2014	Y	£23,006,000,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE MERCUR...	07004253	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ VIIV HEALTHCARE LIMITED	06876960	31.12.2014	Y	£1,465,940,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ PHIVCO UK LIMITED	06944223	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ PHIVCO UK II LIMITED	06944229	31.12.2013	N	£94,816,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ VIIV HEALTHCARE TR...	06982415	31.12.2013	N	£748,205,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ VIIV HEALTHCARE UK...	06990358	31.12.2013	N	£471,077,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ VIIV HEALTHCARE U...	08270754	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ VIIV HEALTHCARE OV...	07027385	31.12.2014	N	£19,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ ALBERTA ULC	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ STIEFEL LABORATORIES...	IE049850	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ STIEFEL DISTRIBUTO...	IE156130	31.03.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ STIEFEL LABORATORI...	FC017829	31.03.2005	Y	£114,013,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ STIEFEL LABORATOR...	05354860	31.12.2013	N	£10,207,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ STIEFEL LABORATORI...	00831160	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ STIEFEL LABORATOR...	01633638	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ BLOCK DRUG		-	-	$105,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ STAFFORD-MILLER LIMITED	00318499	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ CELLZOME INC	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ CELLZOME LIMITED	05001893	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKILNE INTERN...	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ GLAXOSMITHKLINE TRAD...	IE406446	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE SERVIC...	01047315	31.12.2013	N	£2,734,000,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE BIOLOG...	440872918	31.12.2013	N	€2,798,325,283
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ GLAXOSMITHKLINE INTE...	02298366	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE (NETHE...	30153615	31.12.2006	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE HOLDIN...	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE SL LP	LP013718	-	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ GLAXOCHEM (UK) UNLIM...	04299472	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE HOLDIN...	04230101	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE HOLDIN...	05647873	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE FINA...	00242686	31.12.2013	N	£58,296,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ SETFIRST LIMITED	02332323	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE I...	06968741	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE I...	07089743	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE C...	08114550	31.12.2013	N	£532,354,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE H...	09163001	28.08.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE C...	09400298	-	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE (...	IE015513	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE C...	IE024797	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE D...	IE268666	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE I...	IE524787	31.12.2013	N	€93,905,633
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ SMITHKLINE BEECHA...	IE187383	31.12.2013	N	€106,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE IH...	07257967	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXO GROUP LIMITED	00305979	31.12.2013	N	£112,671,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ MONTROSE FINE CHE...	SC190635	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXO WELLCOME UK...	00480080	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ ALLEN & HANBURY...	00040209	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ GLAXO LABORATOR...	00239893	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXO OPERATIONS...	00711851	31.12.2013	N	£649,934,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE I...	08283186	31.12.2013	N	£1,394,125,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE I...	08283289	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE...	08283252	31.12.2013	N	£610,857,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ GLAXOSMITHKLINE...	07739397	31.12.2013	N	£1,865,413,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ GLAXOSMITHKLI...	08283222	31.12.2013	N	£78,431,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ ACTION POTENTIAL...	08603529	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ CLARGES PHARMACEU...	00100583	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ DOMANTIS LIMITED	03907643	31.12.2013	N	£8,808,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ EDINBURGH PHARMAC...	SC005534	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE U...	04310159	31.12.2013	N	£1,507,094,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE E...	02433585	31.12.2013	N	£2,159,178,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE R...	00835139	31.12.2013	N	£1,007,830,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ MAXINUTRITION GRO...	06445049	30.04.2011	Y
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ MM MIDCO LIMITED	06445050	30.04.2011	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ MM BIDCO LIMITED	06445051	30.04.2011	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ MAXIMUSCLE...	05127535	30.04.2011	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ MAXINUTRI...	03084288	30.04.2011	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ MIXIS GENETICS LI...	03225840	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ STAFFORD-MILLER (...	IE379445	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ SMITHKLINE BEECHAM...	02337959	31.12.2013	N	£591,000,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ SMITH KLINE & FRE...	00052207	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ BEECHAM GROUP P...	00227531	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	00064836	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ ESKAYLAB LIMITED	00099025	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	00190223	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ HORLICKS LIMITED	00210281	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	00229017	31.12.2013	N	£4,420,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	00494385	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	00503868	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE C...	00522215	31.12.2013	N	£29,146,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	02552828	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	02860752	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	03425311	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	03425313	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ DEALCYBER LIMITED	03541898	31.12.2014	N	£14,625,000
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ GLAXOSMITHKLINE C...	02258699	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ SMITHKLINE BEECHA...	00302065	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ WELLCOME LIMITED	01955498	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ SMITHKLINE BEECHA...	03296131	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ WELLCOME FOUNDATI...	00194814	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\T.gif$ CHARLES MIDGLEY...	00162786	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ WELLCOME CONSUM...	00263054	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ BURROUGHS WEL...	00543757	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ WELLCOME CONSUM...	02873615	31.12.2014	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ SMITHKLINE & FRENCH B V	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ SMITHKLINE BEECHAM (...	IE217028	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\tminus.gif$ STIEFEL LABORATORIES INC		-	-
$Description: \\VIVEK\Foreign Report Raw2\GLAXOSMITHKLINE CONSUMER TRADING SERVICES LIMITED_files\L.gif$ STIEFEL CANADA INC	N/A	-	-

Statistics

Group	98 companies
Linkages	129 companies
Countries	In 45 countries

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Steven Williamson	0	1
Average Invoice Value	n/a
Invoices available	n/a
Paid	n/a
Outstanding	n/a

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
Outstanding

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.66
UK Pound	1	Rs.100.50
Euro	1	Rs.71.31

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	ASH

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.

Name	Number	Latest Key Financials	Turnover
GLAXOSMITHKLINE	00208407	31.12.2013	€121,069,141
SETFIRST (NO. 2) LIMITED	FC025752	31.12.2008
GLAXO WELLCOME PRODUCTION	410352777	31.12.2013	€312,327,399
GLAXOSMITHKLINE S.P.A.	VR29640	31.12.2013	€845,972,860
GLAXOSMITHKLINE MANUFACTURING S.P.A.	VR325375	31.12.2013	€154,757,470
LABORATOIRE GLAXOSMITHKLINE	642041362	31.12.2013	€1,213,569,710
GROUPE GLAXOSMITHKLINE	592052146	31.12.2013
GLAXOSMITHKLINE BIOLOGICALS	338460017	31.12.2013	€129,982,183
SMITHKLINE BEECHAM HOLDINGS (UK) LIMITED	03890815	31.12.2009
GLAXOSMITHKLINE AKTIEBOLAG	5562366343	31.12.2013	885,607 KSEK
GLAXOSMITHKLINE OY	01083784	31.12.2013
GLAXOSMITHKLINE SANTE GRAND PUBLIC	672012580	31.12.2013	€182,038,542
VIIV HEALTHCARE SAS	413900382	31.12.2013	€146,262,453
MIXIS FRANCE	339627234	31.12.2012
VIIV HEALTHCARE S.R.L.	VR372785	31.12.2013	€112,437,795
GLAXOSMITHKLINE AS	930606308	31.12.2013	642,884 KNOK
GLAXOSMITHKLINE CONSUMER HEALTHCARE S.P.A	MI598024	31.12.2013	€216,698,142
GLAXOSMITHKLINE INTERNATIONAL (LUXEMBOURG) S.À R.L.	B73232	31.12.2013
GLAXOSMITHKLINE CONSUMER HEALTHCARE B.V.	33147823	31.12.2013	€48,469,000
GLAXOSMITHKLINE B.V.	27141630	31.12.2012	€203,516,000