|
Report No. : |
322309 |
|
Report Date : |
12.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
BEACONSFIELD FOOTWEAR LIMITED |
|
|
|
|
Registered Office : |
2 Peel Road,
Skelmersdale, Lancashire, WN8 9PT |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
27.01.2013 |
|
|
|
|
Date of Incorporation : |
06.11.1959 |
|
|
|
|
Com. Reg. No.: |
00641365 |
|
|
|
|
Legal Form : |
Private Limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture and Merchandise a wide variety of Footwear. |
|
|
|
|
No. of Employees : |
807 |
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 : |
Good |
|
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 – 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 KINGDOM - 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 |
|
BEACONSFIELD
FOOTWEAR LIMITED |
|
|
2 PEEL ROAD |
|
|
SKELMERSDALE
|
|
|
LANCASHIRE |
|
|
WN8 9PT |
|
|
United
Kingdom |
|
|
Telephone |
01695 712720
|
|
Fax |
01695 712715
|
|
Website |
|
|
Company Number: Foundation: |
00641365 06/11/1959 |
|
Status: VAT No: |
Active -
Accounts Filed GB918434905 |
|
Comments This company’s return on total assets employed ratio
indicates a highly efficient use of assets. The company has more cash than short
term bank borrowings. This company
has been treated as a Large company in respect of the rating/limit generated.
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 trades in an industry with a
moderate level of corporate failures. |
|
LEGAL FORM Private limited with Share
Capital |
|
FOUNDATION 06/11/1959 |
|
COMPANY NO. 00641365 |
SHAREHOLDERS
|
Name |
Currency |
Number
of shares |
Share type |
Nominal value |
|
HOTTER LTD |
GBP |
42,000 |
ORDINARY |
1 |
|
Total
Share Capital |
|
|
|
GBP
42,000 |
MANAGEMENT
|
Directors |
||||
|
Name |
Address: |
Date of birth |
Nationality |
Appointment
date |
|
Mr Peter
Nicholas Davis |
2 Peel Road, Skelmersdale, Lancashire WN8 9PT |
23/04/1959 |
British |
21/07/2008 |
|
Mr Stewart John Houlgrave |
2 Peel Road, Skelmersdale, Lancashire WN8 9PT |
21/08/1959 |
British |
13/10/1992 |
|
Mr Peter
Noel Taylor |
2 Peel Road, Skelmersdale, Lancashire WN8 9PT |
14/12/1962 |
British |
16/05/2012 |
|
Company Secretary |
||
|
Name |
Address: |
Appointment date |
|
Mr Peter
Nicholas Davis |
2 Peel
Road, Skelmersdale, Lancashire WN8 9PT |
21/07/2008 |
OTHER KNOWN ADDRESSES
2 Peel Road, Skelmersdale, Lancashire WN8 9PT
37 Old Christchurch Road, Bournemouth, Dorset BH1 1DS \
|
Company No. |
Name |
Status |
Country |
|
Ultimate parent |
|
|
|
|
|
|
|
|
|
08812566 |
GALAXY TOPCO LIMITED |
Active |
United Kingdom |
|
|
|
|
|
|
Affiliated companies |
|||
|
08812704 |
GALAXY MIDCO LIMITED |
Active |
United Kingdom |
|
08812790 |
GALAXY BIDCO LIMITED |
Active |
United Kingdom |
|
06428326 |
HOTTER GROUP HOLDINGS LIMITED |
Active |
United Kingdom |
|
06428810 |
HOTTER HOLDINGS LIMITED |
Active |
United Kingdom |
|
06430124 |
BEACONSFIELD GROUP HOLDINGS LIMITED |
Active |
United Kingdom |
|
Subsidiary companies |
|||
|
04640611 |
COMFORT CONCEPT LIMITED |
Non Trading |
United Kingdom |
|
Immediate parent |
|||
|
06073997 |
HOTTER LIMITED |
Non Trading |
United Kingdom |
MAIN ACTIVITY
|
Principal Activity |
To
manufacture and merchandise a wide variety of footwear. |
|
SIC03 |
Manufacture of
footwear |
|
SIC07 |
Manufacture
of footwear |
Turnover
and Employees
|
Date
of Accounts |
Turnover |
Employees
|
|
29/01/2012 |
GBP 68,970,000 |
58 |
|
27/01/2013 |
GBP 74,960,000 |
650 |
|
26/01/2014 |
GBP 88,694,000 |
807 |
BANKS
|
Bank Name |
Bank Branch Sort Code |
|
HSBC BANK PLC |
40-23-08 |
AUDITOR
Auditor
name
ERNST & YOUNG
LLP
EVENTS
Company
history
|
Date
|
Action
|
|
13/08/2010 |
New Board Member Mr J.R. Andersen
appointed |
|
29/09/2010 |
Annual Returns |
|
15/10/2010 |
New Accounts Filed |
|
30/09/2011 |
Annual Returns |
|
04/11/2011 |
New Accounts Filed |
|
18/05/2012 |
New Board Member Mr P.N. Taylor
appointed |
|
28/09/2012 |
Annual Returns |
|
09/11/2012 |
New Accounts Filed |
|
09/11/2012 |
New Accounts Filed |
|
28/09/2013 |
Annual Returns |
|
01/11/2013 |
New Accounts Filed |
|
26/09/2014 |
Mr J.R. Andersen has left the board |
|
28/09/2014 |
Annual Returns |
|
06/11/2014 |
New Accounts Filed |
MORTGAGES
|
Charge created |
16/03/1973 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
F/H HEREDITAMENTS AND PREMISES AT LIVERPOOL RD.
SKELMERSDALE LAN- CASHIRE TOGETHER WITH ALL FIXTURES ETC. |
|
|
|
|
|
|
Charge created |
28/10/1982 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
FIXED AND FLOATING CHARGE OVER UNDERTAKING AND ALL PROPERTY
AND ASSETS PRESENT AND FUTURE INCLUDING BOOK AND OTHER DEBTS UN- CALLED
CAPITAL. |
|
|
|
|
|
|
Charge created |
13/06/1988 |
|
|
Charge registered |
22/06/1988 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC |
|
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
|
Mortgage detail |
F/H UNIT 8 PEEL INDUSTRIAL ESTATE PIMBAROAD, SKELMERSDALE
LAN- CASHIRE T/N LA 500742 |
|
|
|
|
|
|
Charge created |
19/07/1993 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
FIXED CHARGE ON ALL GOODWILL AND UNCALLED CAPITAL FOR THE
TIME BE- ING OF THE COMPANY; AND ALL PATENTS PATENT APPLICATIONS INVENTIONS TRADE
MARKS TRADE NAMES ETC |
|
|
|
|
|
|
Charge created |
01/12/1998 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
2 LIVERPOOL ROAD SKELMERSDALE LANCASHIREWITH THE BENEFIT OF
ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDER- TAKINGS
AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN
ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME
TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER
ANY LEASE LI- CENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND
ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY |
|
|
|
|
|
|
Charge created |
01/12/1998 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
2 LIVERPOOL ROAD SKELMERSDALE LANCASHIREWITH THE BENEFIT OF
ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDER- TAKINGS
AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN
ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME
TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER
ANY LEASE LI- CENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND
ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY |
|
|
|
|
|
|
Charge created |
30/06/1999 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
MIDLAND BANK PLC; |
|
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UN- CALLED
CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY |
|
|
|
|
|
|
Charge created |
15/09/1999 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
FORWARD TRUST GROUP LIMITED AND FORWARD TRUST LIMITED; |
|
|
Mortgage detail |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS
ONE NEW DESMA MODEL S83/24, 24 STATION AUTOMATIC ROTARY TABLE POLYURETHANE
IMJECTION MOULDING MACHINE WITH ADDITIONAL EQUIPMENTSEE THE MORT- GAGE CHARGE
DOCUMENT FOR FULL DETAILS |
|
|
|
|
|
|
Charge created |
30/08/2001 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE
(UK) LIM- ITED; |
|
|
Mortgage detail |
AUTOMATIC ROTARY TABLE INJECTION MOULDING/ POURING MACHINE
SERIAL NO: 10-00470PLUS ANCILLARY EQUIPMENT |
|
|
|
|
|
|
Charge created |
27/01/2003 |
|
|
Charge registered |
28/01/2003 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
HSBC BANK PLC |
|
|
Secured amount |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
|
|
Mortgage detail |
F/H PROPERTY AT GLADDEN HOUSE 17 GLADDEN PLACE SKELMERSDLAE
WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CON- TRACTS
DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROP- ERTY ANY SHARES OR
MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF
ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER
MONEY PAYABLEUN- DER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT
OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROP- ERTY |
|
|
|
|
|
|
Charge created |
26/06/2003 |
|
|
Charge registered |
26/11/2013 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE
(UK) LIM- ITED; |
|
|
Mortgage detail |
ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS DE-
SCRIBED HERETO OR ANY PART THEREOF:- DESMA AUTOMATIC ROTARY TABLE
POLYURETHANE INJECTION MOULDING MACHINE SERIAL NO 10-00519 |
|
|
|
|
|
|
Charge created |
07/12/2007 |
|
|
Charge registered |
10/02/2014 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
BARRINGTON HOUSE NOMINEES LIMITED; |
|
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UN- CALLED
CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERYSEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
|
|
|
|
|
|
Charge created |
07/12/2007 |
|
|
Charge registered |
10/02/2014 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
STEWART JOHN HOULGRAVE AS SECURITY TRUSTEE FOR AND ON
BEHALF OF THE VENDOR INVESTORS (SECURITYT; |
|
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UN- CALLED
CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERYSEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
|
|
|
|
|
|
Charge created |
07/12/2007 |
|
|
Charge registered |
10/02/2014 |
|
|
Status |
SATISFIED |
|
|
Entitled person |
HSBC BANK PLC; |
|
|
Mortgage detail |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UN-
CALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERYSEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
|
|
|
|
|
|
Charge created |
21/03/2013 |
|
|
Charge registered |
04/04/2013 |
|
|
Status |
OUTSTANDING |
|
|
Entitled person |
THE GARDEN CENTRE GROUP HOLDINGS LIMITED; |
|
|
Secured amount |
GBP 3125.00 AND ALL OTHER MONIES DUE OR TOBECOME DUE FROM THE
COM- PANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED IN- STRUMENT
CREATING OR EVIDENCING THE CHARGE |
|
|
Mortgage detail |
ANY SUMS STANDING FROM TIME TO TIME TO THE CREDIT OF THE
ACCOUNT |
|
|
|
|
|
|
Charge created |
17/01/2014 |
|
|
Charge
registered |
28/01/2014
|
|
|
Status |
OUTSTANDING |
|
|
Entitled person |
LLOYDS BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES
(SECU- RITY AGENT); |
|
|
Mortgage detail |
CONTAINS FIXED
CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR
UNDERTAKING OF THE COM- PANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF
CHARGE. |
|
|
|
|
|
|
Charge created |
17/01/2014 |
|
|
Charge registered |
24/01/2014 |
|
|
Status |
OUTSTANDING |
|
|
Entitled person |
ELECTRA PARTNERS LLP AS SECURITY TRUSTEE.; |
|
|
Mortgage detail |
THE COMPANY CHARGES BY WAY OF LEGAL MORTGAGE ALL ITS REAL
PROP- ERTY (ALTHOUGH NOFURTHER DETAILS ARE SPECIFIED IN THE CHARGE FOR REAL PROPERTY
OWNED BY THIS COMPANY). FOR FURTHER DETAIL, SEE CLAUSE 2.4 OF THE CHARGE. THE
COMPANY CHARGES BY WAY OF FIRST FIXED CHARGE ALL ITS INTELLECTUAL PROPERTY
(ALTHOUGH NO FURTHER DETAILS ARE SPECIFIED IN THE CHARGE FOR INTELLECTUAL
PROPERTY OWNED BY THIS COMPANY). FOR FURTHER DETAIL, SEE CLAUSE 2.6(J)OF THE
CHARGE.CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS
ALL THE PROPERTY OR UNDERTAKING OF THE COM- PANY.NOTIFICATION OF ADDITION TO
OR AMENDMENT OF CHARGE. |
|
COUNTY
COURT JUDGMENTS (CCJS)
There are no County Court Judgments listed against this company
PROFIT & LOSS
|
|
26/01/2014
56 GBP Group: No |
27/01/2013
56 GBP Group: No |
29/01/2012
56 GBP Group: Yes |
30/01/2011
56 GBP Group: Yes |
|
Turnover |
88,694,000
|
74,960,000
|
68,970,000
|
57,076,000
|
|
Export |
9,294,000 |
5,992,000 |
4,151,000 |
1,362,000 |
|
Cost of
Sales |
29,862,000 |
24,720,000 |
24,862,000 |
20,131,000 |
|
Gross Profit
|
58,832,000 |
50,240,000 |
44,108,000 |
36,945,000 |
|
Wages And
Salaries |
15,513,000 |
12,987,000 |
11,175,000 |
8,829,000 |
|
Directors
Emoluments |
851,000 |
839,000 |
592,000 |
526,000 |
|
Operating
Profit |
10,067,000
|
8,644,000
|
5,520,000
|
7,765,000
|
|
Depreciation
|
2,921,000 |
2,338,000 |
1,856,000 |
1,460,000 |
|
Audit Fees |
39,000 |
36,000 |
36,000 |
35,000 |
|
Interests
Payments |
88,000 |
14,000 |
11,000 |
12,000 |
|
Pre Tax
Profit |
10,039,000
|
8,671,000
|
5,525,000
|
7,767,000
|
|
Taxation |
-1,112,000 |
-1,443,000 |
-1,141,000 |
-1,235,000 |
|
Profit After
Tax |
8,927,000 |
7,228,000 |
4,384,000 |
6,532,000 |
|
Dividends
Payable |
0 |
11,800,000 |
5,500,000 |
6,250,000 |
|
Retained
Profit |
8,927,000
|
-4,572,000
|
-1,116,000
|
282,000 |
BALANCE SHEET
|
|
26/01/2014 56 GBP Group: No |
27/01/2013 56 GBP Group: No |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
|
Tangible Assets |
9,585,000 |
8,515,000 |
6,038,000 |
4,324,000 |
|
Intangible Assets |
0 |
0 |
0 |
0 |
|
Total Fixed Assets |
9,585,000 |
8,515,000 |
6,038,000 |
4,324,000 |
|
Stock |
16,689,000 |
12,214,000 |
10,588,000 |
8,948,000 |
|
Trade Debtors |
814,000 |
1,001,000 |
1,316,000 |
859,000 |
|
Cash |
5,275,000 |
6,542,000 |
5,689,000 |
6,092,000 |
|
Other Debtors |
12,784,000 |
8,945,000 |
7,084,000 |
8,708,000 |
|
Miscellaneous Current Assets |
0 |
0 |
0 |
0 |
|
Total Current Assets |
35,562,000 |
28,702,000 |
24,677,000 |
24,607,000 |
|
Trade Creditors |
5,127,000 |
5,385,000 |
4,022,000 |
3,270,000 |
|
Bank Loans and Overdraft |
0 |
330,000 |
0 |
0 |
|
Other Short Term Finance |
118,000 |
77,000 |
0 |
6,000 |
|
Miscellaneous Current Liabilities |
7,042,000 |
7,932,000 |
7,702,000 |
5,548,000 |
|
Total Current Liabilities |
12,287,000 |
13,724,000 |
11,724,000 |
8,824,000 |
|
Bank Loans and Overdrafts LTL |
9,511,000 |
9,401,000 |
0 |
0 |
|
Other Long Term Finance |
9,511,000 |
7,751,000 |
0 |
0 |
|
Total Long Term Liabilities |
9,511,000 |
9,071,000 |
0 |
0 |
CAPITAL &
RESERVES
|
|
26/01/2014
56 GBP Group: No |
27/01/2013
56 GBP Group: No |
29/01/2012
56 GBP Group: Yes |
30/01/2011
56 GBP Group: Yes |
|
Called Up
Share Capital |
42,000 |
42,000 |
42,000 |
42,000 |
|
P and L
Account Reserve |
23,307,000 |
14,380,000 |
18,949,000 |
20,065,000 |
|
Revaluation
Reserve |
0 |
0 |
0 |
0 |
|
Sundry
Reserves |
0 |
0 |
0 |
0 |
|
Shareholders
Funds |
23,349,000
|
14,422,000
|
18,991,000
|
20,107,000
|
OTHER FINANCIAL
ITEMS
|
|
26/01/2014
56
GBP
Group:
No |
27/01/2013
56
GBP
Group:
No |
29/01/2012
56
GBP
Group:
Yes |
30/01/2011
56
GBP
Group:
Yes |
|
Net
Worth |
23,349,000
|
14,422,000
|
18,991,000
|
20,107,000
|
|
Working
Capital |
23,275,000
|
14,978,000
|
12,953,000
|
15,783,000
|
|
Total
Assets |
45,147,000
|
37,217,000
|
30,715,000
|
28,931,000
|
|
Total
Liabilities |
21,798,000
|
22,795,000
|
11,724,000
|
8,824,000
|
|
Net
Assets |
23,349,000
|
14,422,000
|
18,991,000
|
20,107,000
|
CASH FLOW
|
|
26/01/2014
56
GBP
Group:
No |
27/01/2013
56
GBP
Group:
No |
29/01/2012
56
GBP
Group:
Yes |
30/01/2011
56
GBP
Group:
Yes |
|
Net Cash Flow from Operations
|
0 |
0 |
0 |
0 |
|
Net Cash Flow before
Financing |
0 |
0 |
0 |
0 |
|
Net Cash Flow from Financing |
0 |
0 |
0 |
0 |
|
Increase
in Cash |
-1,267,000
|
853,000
|
-403,000
|
773,000
|
MISCELLANEOUS
|
|
26/01/2014 56 GBP Group: No |
27/01/2013 56 GBP Group: No |
29/01/2012 56 GBP Group: Yes |
30/01/2011 56 GBP Group: Yes |
|
Capital Employed |
32,860,000 |
23,493,000 |
18,991,000 |
20,107,000 |
FINANCIAL RATIOS
|
Name |
26/01/2014
|
27/01/2013 |
29/01/2012 |
30/01/2011 |
|
Pre Tax
Profit Margin |
11.32 % |
11.57 % |
8.01 % |
13.61 % |
|
Current
Ration |
2.89 |
2.09 |
2.10 |
2.79 |
|
Sales or Net
Working Capital |
3.81 |
5.00 |
5.32 |
3.62 |
|
Gearing |
40.73 % |
65.19 % |
0.00 % |
0.00 % |
|
Equity |
51.72 % |
38.75 % |
61.83 % |
69.50 % |
|
Creditor
Days |
21.04 |
26.14 |
21.22 |
20.85 |
|
Debtor Days |
3.34 |
4.86 |
6.94 |
5.47 |
|
Liquidity or
Acid test |
1.53 |
1.20 |
1.20 |
1.77 |
|
Return on
Capital Employed |
30.55 % |
36.90 % |
29.09 % |
38.62 % |
|
Return on
Total Assets Employed |
22.23 % |
23.29 % |
17.98 % |
26.84 % |
|
Current Debt
Ratio |
0.52 % |
0.95 % |
0.61 % |
0.43 % |
|
Total Debt
Ratio |
0.93 % |
1.58 % |
0.61 % |
0.43 % |
|
Stock
Turnover Ratio |
18.81 % |
16.29 % |
15.35 % |
15.67 % |
|
Return on
Net Assets Employed |
42.99 % |
60.12 % |
29.09 % |
38.62 % |
Achieving good
levels of turnover and profitability. The general financial position appears to
be in order and good reserves have been built up. Should continue to trade well
for the foreseeable future.
Next accounts
due to be filled by 31/10/2015
Please note
Hottershoes.com is a trading name of Beaconsfield Footwear Limited
Activity:
Manufacture and Sale of a range of footwear
Trading
Address: 2 Peel Road West Pimbo Skelmersdale Lancashire WN8 9PT
Branches:
Across UK
Employees: 807
Bank: HSBC Bank PLC
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.85 |
|
|
1 |
Rs.98.47 |
|
Euro |
1 |
Rs.71.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
TPT |
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.