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Report No. : |
322310 |
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Report Date : |
12.05.2015 |
IDENTIFICATION DETAILS
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Name : |
SKR BRANDS LIMITED |
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Registered Office : |
19 Wyvern Gardens, Sheffield, S17 3 PR |
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Country : |
United
Kingdom |
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Date of Incorporation : |
06.02.2015 |
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Com. Reg. No.: |
09427014 |
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Legal Form : |
Private limited with Share Capital |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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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
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source
: CIA |
SKR BRANDS LIMITED
09427014
Active - Accounts Filed
19 WYVERN GARDENS
SHEFFIELD
S17 3PR
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Company Number |
09427014 |
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Company Name |
SKR BRANDS LIMITED |
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Registered Address |
19 WYVERN GARDENS SHEFFIELD |
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Website Address |
- |
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Telephone Number |
- |
TPS |
- |
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Incorporation Date |
06/02/2015 |
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SIC07 |
|||
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SIC07 Description |
|||
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Principal Activity |
|||
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Type |
Private limited with Share Capital |
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FTSE Index |
- |
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Share Capital |
- |
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Currency |
|||
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Filing Date of Accounts |
- |
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Accounts Due Date |
28/11/2016 |
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Charity Number |
- |
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Trading Address |
19 Wyvern Gardens Sheffield South Yorkshire S17 3PR |
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Fax Number |
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FPS |
No |
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CCJ's |
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0
(£0) |
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Mortgages |
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0 |
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Ultimate
Holding Company |
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- |
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Group |
0
companies |
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Linkages |
0
companies |
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Countries |
In
0 countries |
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Year
to date |
- |
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Turnover |
- |
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Pre
Tax Profit |
- |
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Shareholder
funds |
- |
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Employees |
- |
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Year
to date |
-- |
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Turnover |
-- |
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Pre
Tax Profit |
-- |
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Shareholder
funds |
-- |
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Employees |
-- |
This company has been treated as
a new company in respect of the rating/limit generated.
This company has not yet filed financial
statements and is aged 12 months or less.
This company is based in a
geographical area with a higher level of corporate failures.
This company does not have any
registered mortgage charges.
There have been no director
resignations in the last 6 months.
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Total
Number of Exact CCJs - 0 |
Total
Value of Exact CCJs - |
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Total
Number of Possible CCJs - 0 |
Total
Value of Possible CCJs - |
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Total
Number of Satisfied CCJs - 0 |
Total
Value of Satisfied CCJs - |
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Total
Number of Writs - - |
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Total Current Directors 1
Total Current Secretaries 0
Total Previous Directors / Company Secretaries 0
|
Name |
Keith Malcolm Simpson |
Date
of Birth |
19/12/1949 |
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Officers
Title |
Mr |
Nationality |
British |
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Present
Appointments |
5 |
Function |
Director |
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Appointment
Date |
06/02/2015 |
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Address |
19 Wyvern Gardens, Sheffield,
S17 3PR |
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Current Company Secretary
Top
20 Shareholders
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There are no
notes to display. |
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No Status History found |
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Date |
Description |
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10/02/2015 |
New Board Member Mr K.M. Simpson appointed |
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No Previous Names found |
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No writs found |
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Group |
- |
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Linkages |
0 companies |
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Countries |
In 0 countries |
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Holding Company |
- |
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Ownership Status |
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Ultimate Holding Company |
- |
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No Previous Director Details |
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Average Invoice Value |
n/a |
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Invoices available |
n/a |
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Paid |
n/a |
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Outstanding |
n/a |
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Trade Payment Data is information that we collect from selected third party
partners who send us information about their whole sales ledger. |
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Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
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Paid |
|||||
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Outstanding |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.63.85 |
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|
1 |
Rs.98.47 |
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Euro |
1 |
Rs.71.51 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
VNT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.