MIRA INFORM REPORT

Report No. :	313231
Report Date :	26.03.2015

IDENTIFICATION DETAILS

Name :	WASTE INTERNATIONAL TRADERS LIMITED

Registered Office :	20-23 Woodside Placeglasgowglasgow G3 7QFG3 7QL

Country :	Scotland

Financials (as on) :	31.12.2012

Date of Incorporation :	22.11.2010

Com. Reg. No.:	SC389274

Legal Form :	Private limited with Share Capital

Line of Business :	Remediation activities and other waste management services Supply of goods, services and machinery to the paper industry

No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Dissolution

Payment Behaviour :	--

Litigation :	--

NOTES :

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

company name and address

WASTE INTERNATIONAL TRADERS LIMITED

Company No:

SC389274

Registered Address:

20-23 WOODSIDE PLACEGLASGOWGLASGOW G3 7QFG3 7QL

Company Summary

Registered Address	20-23 WOODSIDE PLACE GLASGOW GLASGOW G3 7QF G3 7QL	Trading Address	Woodside House 20-23 Woodside Place Glasgow Lanarkshire G3 7QF
Website Address	--
Telephone Number	--	Fax Number	--
TPS	--	FPS	No
Incorporation Date	22/11/2010
Previous Name	--	Type	Private limited with Share Capital
FTSE Index	--	Date of Change	--
Filing Date of Accounts	07/04/2014	Currency	GBP
Share Capital	£100	SIC07	39000
Charity Number	--
SIC07 Description	REMEDIATION ACTIVITIES AND OTHER WASTE MANAGEMENT SERVICES The supply of goods, services and machinery to the paper industry.
Principal Activity

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31/12/2012	£641,828	-£2,489	-£10,242	--
31/12/2011	--	--	£12,347	--
--	--	--	--	--

Commentary

No comments to display

CCJ

Total Number of Exact CCJs -	1	Total Value of Exact CCJs -	£2,016
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	1
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	2

Current Directors

Name	Lynn Ros	Date of Birth	25/02/1950
Officers Title	Ms	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	22/11/2010
Address	Lot 44 Yard Road, Sandy Lane, St James

Current Company Secretary

Name	Lynn Ros	Date of Birth	-
Officers Title	Ms	Nationality	British
Present Appointments	1	Function	Company Secretary
Appointment Date	22/11/2010
Address	Lot 44 Yard Road, Sandy Lane, St James

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
LYNN ROS	GBP	100	ORDINARY	1	100

Profit & Loss

Date Of Accounts	31/12/12	(%)	31/12/11	(%)	-	(%)	-	(%)	-
Weeks	52	(%)	52	(%)	-	(%)	-	(%)	-
Currency	GBP	(%)	GBP	(%)	-	(%)	-	(%)	-
Consolidated A/cs	N	(%)	N	(%)	-	(%)	-	(%)	-
Turnover	£641,828	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	£542,318	-	-	-	-	-	-	-	-
Gross Profit	£99,510	-	-	-	-	-	-	-	-
Wages & Salaries	£24,275	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-£2,364	-	-	-	-	-	-	-	-
Depreciation	£536	-25%	£715	-	-	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	£125	-	-	-	-	-	-	-	-
Pre Tax Profit	-£2,489	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-£2,489	-	-	-	-	-	-	-	-
Dividends Payable	£20,000	-	-	-	-	-	-	-	-
Retained Profit	-£22,489	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	31/12/12	(%)	31/12/11	(%)	-	(%)	-	(%)	-
Tangible Assets	£1,776	-17.2%	£2,145	-	-	-	-	-	-
Intangible Assets	0	-	0	-	-	-	-	-	-
Total Fixed Assets	£1,776	-17.2%	£2,145	-	-	-	-	-	-
Stock	£15,758	20%	£13,129	-	-	-	-	-	-
Trade Debtors	£306,474	62%	£189,183	-	-	-	-	-	-
Cash	£3,468	999.9%	£1	-	-	-	-	-	-
Other Debtors	0	-	0	-	-	-	-	-	-
Miscellaneous Current Assets	0	-	0	-	-	-	-	-	-
Total Current Assets	£325,700	61%	£202,313	-	-	-	-	-	-
Trade Creditors	£321,856	67.9%	£191,681	-	-	-	-	-	-
Bank Loans & Overdrafts	£2,596	-	0	-	-	-	-	-	-
Other Short Term Finance	0	-	0	-	-	-	-	-	-
Miscellaneous Current Liabilities	£13,266	-	0	-	-	-	-	-	-
Total Current Liabilities	£337,718	76.2%	£191,681	-	-	-	-	-	-
Bank Loans & Overdrafts and LTL	£2,596	503.7%	£430	-	-	-	-	-	-
Other Long Term Finance	0	-	0	-	0	-	-	-	-
Total Long Term Liabilities	0	-100%	£430	-	-	-	-	-	-

Capital & Reserves

Date Of Accounts	31/12/12	(%)	31/12/11	(%)	-	(%)	-	(%)	-
Called Up Share Capital	£100	-	£100	-	-	-	-	-	-
P & L Account Reserve	-£10,342	-184.4%	£12,247	-	-	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	-£10,242	-183%	£12,347	-	-	-	-	-	-

Other Financial Items

Date Of Accounts	31/12/12	(%)	31/12/11	(%)	-	(%)	-	(%)	-
Net Worth	-£10,242	-183%	£12,347	-	-	-	-	-	-
Working Capital	-£12,018	-213%	£10,632	-	-	-	-	-	-
Total Assets	£327,476	60.2%	£204,458	-	-	-	-	-	-
Total Liabilities	£337,718	75.8%	£192,111	-	-	-	-	-	-
Net Assets	-£10,242	-183%	£12,347	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	31/12/12	(%)	31/12/11	(%)	-	(%)	-	(%)	-
Contingent Liability	NO	-	NO	-	-	-	-	-	-
Capital Employed	-£10,242	-180.2%	£12,777	-	-	-	-	-	-
Number of Employees	-	-	-	-	-	-	-	-	-

Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratios

Date Of Accounts	31/12/12	31/12/11	-	-	-
Pre-tax profit margin %	-0.39	-	-	-	-
Current ratio	0.96	1.06	-	-	-
Sales/Net Working Capital	-53.41	-	-	-	-
Gearing %	-25.30	3.50	-	-	-
Equity in %	-3.10	6	-	-	-
Creditor Days	182.53	-	-	-	-
Debtor Days	173.81	-	-	-	-
Liquidity/Acid Test	0.91	0.98	-	-	-
Return On Capital Employed %	24.30	-	-	-	-
Return On Total Assets Employed %	-0.76	-	-	-	-
Current Debt Ratio	-32.97	15.52	-	-	-
Total Debt Ratio	-32.97	15.55	-	-	-
Stock Turnover Ratio %	2.45	-	-	-	-
Return on Net Assets Employed %	24.30	-	-	-	-

Report Notes

There are no notes to display.

Status History

Date	Description
06/01/2015	Dissolution (First Gazt)
18/03/2014	Compulsory strike off cancelled
07/01/2014	Dissolution (First Gazt)

Event History

Date	Description
16/04/2014	New Accounts Filed
17/03/2014	Annual Returns
20/06/2013	Change in Reg.Office
20/06/2013	Change of Company Postcode
27/12/2012	Annual Returns
09/05/2012	New Accounts Filed
08/02/2012	Annual Returns
05/01/2011	New Company Secretary Ms L. Ross appointed
05/01/2011	New Board Member Ms L. Ros appointed
26/11/2010	BRIAN REID LTD. has resigned as company secretary
26/11/2010	Mr S.G. Mabbott has left the board
24/11/2010	New Company Secretary BRIAN REID LTD. appointed
24/11/2010	New Board Member Mr S.G. Mabbott appointed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group structureFull

No group structure

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
04/04/2014	GLASGOW	£2,016	Judgment	SA2675/13	-

Possible CCJs Details

There are no possible CCJ details

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Stephen George Mabbott	33	9196
BRIAN REID LTD.	0	1
Average Invoice Value		£184.95
Invoices available		16
Paid		16
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	13	3	0	0	0
Outstanding	0	0	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.34
UK Pound	1	Rs.92.64
Euro	1	Rs.68.12

INFORMATION DETAILS

Analysis Done by :	SUB

Report Prepared by :	ANK

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.