MIRA INFORM REPORT

Report No. :	309810
Report Date :	12.03.2015

IDENTIFICATION DETAILS

Name :	WILKINSON SPORTS AND LEISURE LTD
Formerly Known As :	SUNBURST CONSULTANCY LIMITED
Registered Office :	Woodmans House, Race Lane, Pilmoor, York, YO61 2QG
Country :	United Kingdom
Financials (as on) :	31.12.2013
Date of Incorporation :	13.12.2000
Legal Form :	Private limited with Share Capital
Line of Business :	Subject is engaged in business and management consultancy.
No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	Slow
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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
United Kingdom	A1	A1

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

UNITED KINGDM - ECONOMIC OVERVIEW

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Over the past two decades, the government has greatly reduced public ownership. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these included nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 largely due to the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of £375 billion (approximately $605 billion) as of December 2013. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the second half of the year because of greater consumer spending and a recovering housing market. The budget deficit is falling but remains high at nearly 7% and public debt has continued to increase.

Source : CIA

Company Name

WILKINSON SPORTS AND LEISURE LTD

Company Number: 04124409

Company Summary

Registered Address

WOODMANS HOUSE, RACE LANE
PILMOOR
YORK
YO61 2QG

Trading Address

Woodmans House
Race Lane
Pilmoor
York, North Yorkshire
YO61 2QG

Website Address : http://www.aresson.co.uk

Telephone Number : 08453670406

Fax Number TPS No FPS No

Incorporation Date 13/12/2000

Previous Name SUNBURST CONSULTANCY LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 28/11/2009

Filing Date of Accounts 26/09/2014

Currency GBP

Share Capital £100

SIC07 46190

Charity Number -

SIC07 Description AGENTS INVOLVED IN THE SALE OF A VARIETY OF GOODS

Principal Activity Business and management consultancy.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2013 - - £48,550 -

31/12/2012 - - £34,181 -

31/12/2011 - - £31,073 -

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

Commentary

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

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

The latest Balance Sheet indicates a very positive net working capital position.

There has been an increase in shareholders funds compared with the previous balance sheet.

This company trades in an industry with a moderate 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 -	-

Payment Information

Company DBT DBT - Industry DBT 19

Payment Trend Customer Payment Experiences

Within terms 91+ Days

Number of Experiences

-

Customer Payment Experiences are supplied by Creditsafe users based on their payment experience with their customers.

Trade Payment Information

Average Invoice Value	205.34
Invoices available	20
Paid	20
Outstanding	0

Total Current Directors	2
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	3

Current Directors

Name	John Charles Wilkinson	Date of Birth	06/08/1950
Officers Title	Mr	Nationality	British
Present Appointments	4	Function	Director
Appointment Date	09/02/2001
Address	Ivy Cottage, Oswaldkirk, York, North Yorkshire, YO62 5XT

Name	Rosemary Charlotte Wikinson	Date of Birth	02/03/1951
Officers Title	Mrs	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/04/2009
Address	Ivy Cottage Oswaldkirk, York, North Yorks, YO62 5XT

Current Company Secretary

Name	Rosemary Charlotte Wilkinson	Date of Birth	02/03/1951
Officers Title	Ms	Nationality	British
Present Appointments	5	Function	Company Secretary
Appointment Date	09/02/2001
Address	Ivy Cottage, Oswaldkirk, York, North Yorkshire, YO62 5XT

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MR J.C. WILKINSON	GBP	50	ORDINARY	1	50
MRS R.C. WILKINSON	GBP	50	ORDINARY	1	50

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	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	£1,149	-30.9%	£1,664	-2.9%	£1,714	-4.9%	£1,802	191.6%	£618
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Tangible Assets	£2,334	-24.9%	£3,109	-5%	£3,273	-10.5%	£3,658	195%	£1,240
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	£2,334	-24.9%	£3,109	-5%	£3,273	-10.5%	£3,658	195%	£1,240
Stock	£46,019	2.9%	£44,730	18.3%	£37,805	12.9%	£33,500	18.9%	£28,181
Trade Debtors	£28,891	-44.6%	£52,106	124.3%	£23,230	204.4%	£7,632	-8.4%	£8,328
Cash	£1,650	-88.9%	£14,904	11.9%	£13,320	90.4%	£6,996	999.9%	£345
Other Debtors	0	-	0	-	0	-	0	-	0
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£76,560	-31.5%	£111,740	50.3%	£74,355	54.5%	£48,128	30.6%	£36,854
Trade Creditors	£30,057	-62.6%	£80,265	73.9%	£46,169	63.1%	£28,311	20.4%	£23,521
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	0	-	0	-	0	-	0	-	0
Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
Total Current Liabilities	£30,057	-62.6%	£80,265	73.9%	£46,169	63.1%	£28,311	20.4%	£23,521
Bank Loans & Overdrafts and LTL	£287	-28.8%	£403	4.4%	£386	-7.2%	£416	-	0
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	£287	-28.8%	£403	4.4%	£386	-7.2%	£416	-	0

.

Capital & Reserves

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Called Up Share Capital	£100	-	£100	-	£100	-	£100	-	£100
P & L Account Reserve	£48,450	42.2%	£34,081	10%	£30,973	34.9%	£22,959	58.6%	£14,473
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£48,550	42%	£34,181	10%	£31,073	34.8%	£23,059	58.2%	£14,573

Other Financial Items

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Net Worth	£48,550	42%	£34,181	10%	£31,073	34.8%	£23,059	58.2%	£14,573
Working Capital	£46,503	47.7%	£31,475	11.7%	£28,186	42.2%	£19,817	48.6%	£13,333
Total Assets	£78,894	-31.3%	£114,849	47.9%	£77,628	49.9%	£51,786	35.9%	£38,094
Total Liabilities	£30,344	-62.4%	£80,668	73.3%	£46,555	62.1%	£28,727	22.1%	£23,521
Net Assets	£48,550	42%	£34,181	10%	£31,073	34.8%	£23,059	58.2%	£14,573

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	NO	-	NO	-	NO	-	NO	-	NO
Capital Employed	£48,837	41.2%	£34,584	9.9%	£31,459	34%	£23,475	61.1%	£14,573
Number of Employees	-	-	-	-	-	-	-	-	-
Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/12/13	31/12/12	31/12/11	31/12/10	31/12/09
Pre-tax profit margin %	-	-	-	-	-
Current ratio	2.55	1.39	1.61	1.70	1.57
Sales/Net Working Capital	-	-	-	-	-
Gearing %	0.60	1.20	1.20	1.80	0
Equity in %	61.50	29.80	40	44.50	38.30
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	1.01	0.83	0.79	0.51	0.36
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	0.61	2.34	1.48	1.22	1.61
Total Debt Ratio	0.62	2.36	1.49	1.24	1.61
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Report Notes

Status History

No Status History found

Event History View Documents

Date	Description
23/12/2014	Annual Returns
01/10/2014	New Accounts Filed
04/01/2014	Annual Returns
15/07/2013	New Accounts Filed
29/01/2013	Annual Returns
19/06/2012	New Accounts Filed
11/01/2012	Annual Returns
30/09/2011	New Accounts Filed
28/01/2011	Annual Returns
03/06/2010	New Accounts Filed
21/01/2010	Annual Returns
02/12/2009	Change of Name
06/10/2009	New Accounts Filed
12/05/2009	New Board Member Ms R.C. Wikinson appointed
11/05/2009	Mr J.N. Denison has left the board

Previous Company Names

Date	Previous Name
28/11/2009	SUNBURST CONSULTANCY LIMITED

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group structure

No group structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
James Nigel Denison	3	4
Lesley Joyce Graeme	35	24621
Dorothy May Graeme	46	24595
Average Invoice Value	£205.34
Invoices available	20
Paid	20
Outstanding	0

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	12	3	5	0	0
Outstanding	0	0	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.74
UK Pound	1	Rs.94.60
Euro	1	Rs.67.10

INFORMATION DETAILS

Analysis Done by :	KAR
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%)

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