MIRA INFORM REPORT
|
Report No. : |
351869 |
|
Report Date : |
28.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
RAPPORT HOME FURNISHINGS LIMITED |
|
|
|
|
Registered Office : |
Bridge House, 4 Borough Highstreet, London Bridgelondonse1 9QR |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.01.2014 |
|
|
|
|
Date of Incorporation : |
14.07.2006 |
|
|
|
|
Com. Reg. No.: |
05876585 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
·
Importers and distribution of household linen textiles. |
|
|
|
|
No. of Employee : |
32 |
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 : |
Satisfactory |
|
|
|
|
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 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. 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 has been a net importer of energy since 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 6.0% in 2014.
In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.
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).
|
Source
: CIA |
Company
Name
RAPPORT HOME
FURNISHINGS LIMITED
Company
No
05876585
Registered
Address
BRIDGE HOUSE, 4 BOROUGH HIGHSTREET, LONDON BRIDGELONDONSE1 9QR
Company
Summary
Registered
Address
BRIDGE
HOUSE, 4 BOROUGH HIGH
STREET, LONDON BRIDGE
LONDON
SE1 9QR
Trading
Address
Bridge
House, 4 Borough High
Street, London Bridge
London
SE1 9QR
Website
Address -
Telephone
Number 01582434700
Fax
Number
TPS No
FPS No
Incorporation
Date 14/07/2006
Previous
Name
Type Private limited with
Share Capital
FTSE
Index -
Date
of Change -
Filing
Date of Accounts 02/07/2015
Currency GBP
Share
Capital £200
SIC07 82990
Charity
Number -
SIC07
Description OTHER BUSINESS
SUPPORT SERVICE ACTIVITIES N.E.C.
Principal
Activity Importers and
distribution of household linen textiles.
77
Key
Financials
Year
to Date Turnover Pre Tax Profit Shareholder Funds
Employees
31/01/2014 £10,169,600 £440,460 £533,080 32
31/10/2013 £9,095,065 £489,823 £530,348 28
31/10/2012 £9,072,346 £414,012 £463,693 28
Mortgage
Summary
Total
Mortgage 3
Outstanding 1
Satisfied 2
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 Medium company in respect of the rating/limit
generated. |
|
This
company's ratio of total liabilities to total assets indicates the presence
of moderate equity funding. |
|
This
company's return on total assets employed ratio indicates a relatively
efficient use of assets. |
|
This
company has only made late payments on a low percentage of invoices. |
|
The
company has more cash than short term bank borrowings. |
|
This
company trades in an industry with a lower 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 - |
- |
|
Total
Current Directors |
5 |
|
Total
Current Secretaries |
1 |
|
Total
Previous Directors / Company Secretaries |
1 |
Current
Directors
|
Name |
Rajesh
Jayantilal Virani |
Date
of Birth |
20/09/1954 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
10 |
Function |
Director |
|
Appointment
Date |
14/07/2006 |
||
|
Address |
Bridge
House, 4 Borough High, Street, London Bridge, London, SE1 9QR |
||
|
Name |
Paresh
Bhupatrai Virani |
Date
of Birth |
21/10/1955 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
5 |
Function |
Director |
|
Appointment
Date |
14/07/2006 |
||
|
Address |
Bridge
House, 4 Borough High, Street, London Bridge, London, SE1 9QR |
||
|
Name |
Shailesh
Shashikant Virani |
Date
of Birth |
03/02/1955 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
6 |
Function |
Director |
|
Appointment
Date |
14/07/2006 |
||
|
Address |
Bridge
House, 4 Borough High, Street, London Bridge, London, SE1 9QR |
||
|
Name |
Stephen
John Crompton |
Date
of Birth |
19/06/1961 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
2 |
Function |
Director |
|
Appointment
Date |
14/07/2006 |
||
|
Address |
Bridge
House, 4 Borough High, Street, London Bridge, London, SE1 9QR |
||
|
Name |
Shriti
Rajiv Virani |
Date
of Birth |
16/06/1967 |
|
Officers
Title |
Mrs |
Nationality |
British |
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
21/01/2014 |
||
|
Address |
1
White Orchards, Uxbridge Road, Stanmore, Middlesex, HA7 3NN |
||
Current Company Secretary
|
Name |
Rajesh
Jayantilal Virani |
Date
of Birth |
20/09/1954 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
10 |
Function |
Company
Secretary |
|
Appointment
Date |
14/07/2006 |
||
|
Address |
Bridge
House, 4 Borough High, Street, London Bridge, London, SE1 9QR |
||
Top
20 Shareholders
|
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
|
RAPPORT
HOLDINGS LTD |
GBP |
100 |
ORDINARY |
1 |
50 |
|
STEPHEN
JOHN CROMPTON |
GBP |
25 |
ORDINARY
B |
1 |
12.5 |
|
SHAILESH
SHASHIKANT VIRANI |
GBP |
25 |
ORDINARY
B |
1 |
12.5 |
|
PARESH
BHUPATRAI VIRANI |
GBP |
25 |
ORDINARY
B |
1 |
12.5 |
|
RAJESH
JAYANTILAL VIRANI |
GBP |
25 |
ORDINARY
B |
1 |
12.5 |
Financials
Profit & Loss
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Weeks |
13 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£10,169,600 |
11.8% |
£9,095,065 |
0.3% |
£9,072,346 |
3.2% |
£8,793,007 |
-29.3% |
£12,443,748 |
|
Export |
£597,444 |
46.6% |
£407,557 |
116.1% |
£188,572 |
1.3% |
£186,166 |
-23.7% |
£243,920 |
|
Cost of Sales |
£8,211,737 |
10.1% |
£7,458,211 |
- |
- |
- |
- |
-100% |
£10,395,181 |
|
Gross Profit |
£1,957,863 |
19.6% |
£1,636,854 |
- |
- |
- |
- |
- |
£2,048,567 |
|
Wages & Salaries |
£652,986 |
7.3% |
£608,778 |
6.3% |
£572,884 |
-6.7% |
£614,052 |
-14.1% |
£714,504 |
|
Directors Emoluments |
£90,388 |
29.1% |
£70,000 |
- |
£70,000 |
11.1% |
£63,000 |
-31.5% |
£92,002 |
|
Operating Profit |
£445,916 |
-9.5% |
£492,856 |
19.1% |
£413,962 |
-41.9% |
£711,986 |
14.1% |
£624,204 |
|
Depreciation |
£78,854 |
-11.2% |
£88,753 |
-10.2% |
£98,850 |
19% |
£83,079 |
43.4% |
£57,926 |
|
Audit Fees |
£9,000 |
5.9% |
£8,500 |
6.3% |
£8,000 |
- |
£8,000 |
- |
£8,000 |
|
Interest Payments |
£5,456 |
71.2% |
£3,187 |
- |
- |
- |
- |
-100% |
£1,934 |
|
Pre Tax Profit |
£440,460 |
-10.1% |
£489,823 |
18.3% |
£414,012 |
-42% |
£714,174 |
14.7% |
£622,686 |
|
Taxation |
-£97,828 |
20.6% |
-£123,168 |
-11.7% |
-£110,315 |
17.8% |
-£134,136 |
24.9% |
-£178,500 |
|
Profit After Tax |
£342,632 |
-6.6% |
£366,655 |
20.7% |
£303,697 |
-47.6% |
£580,038 |
30.6% |
£444,186 |
|
Dividends Payable |
£340,000 |
13.3% |
£300,000 |
- |
£300,000 |
-25% |
£400,000 |
- |
£400,000 |
|
Retained Profit |
£2,632 |
-96.1% |
£66,655 |
999.9% |
£3,697 |
-97.9% |
£180,038 |
307.5% |
£44,186 |
Balance Sheet
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Tangible Assets |
£1,156,853 |
0% |
£1,156,803 |
-5.3% |
£1,220,978 |
-2.1% |
£1,247,068 |
-2.3% |
£1,276,139 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
£1,156,853 |
0% |
£1,156,803 |
-5.3% |
£1,220,978 |
-2.1% |
£1,247,068 |
-2.3% |
£1,276,139 |
|
Stock |
£1,214,549 |
24.7% |
£974,233 |
41.1% |
£690,680 |
23.2% |
£560,720 |
-41% |
£951,169 |
|
Trade Debtors |
£2,018,711 |
41.2% |
£1,429,788 |
-21.8% |
£1,827,803 |
47.4% |
£1,240,181 |
-38.7% |
£2,023,688 |
|
Cash |
£217,895 |
504.5% |
£36,043 |
-87.9% |
£298,978 |
-67.6% |
£922,604 |
114.8% |
£429,526 |
|
Other Debtors |
0 |
-100% |
£28,541 |
997.3% |
£2,601 |
-16.1% |
£3,100 |
999.9% |
£100 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
-100% |
£5,755 |
-94.1% |
£97,618 |
28.9% |
£75,707 |
|
Total Current Assets |
£3,451,155 |
39.8% |
£2,468,605 |
-12.6% |
£2,825,817 |
0.1% |
£2,824,223 |
-18.8% |
£3,480,190 |
|
Trade Creditors |
£1,625,776 |
66.8% |
£974,646 |
-25.8% |
£1,313,963 |
114.7% |
£611,892 |
-42.8% |
£1,070,454 |
|
Bank Loans & Overdrafts |
£57,954 |
- |
0 |
- |
0 |
-100% |
£584,934 |
-15.6% |
£693,070 |
|
Other Short Term Finance |
£522,922 |
-1.2% |
£529,239 |
1.1% |
£523,359 |
-28.2% |
£728,809 |
-22.6% |
£941,792 |
|
Miscellaneous Current Liabilities |
£1,832,311 |
16.8% |
£1,568,871 |
-9.6% |
£1,735,313 |
2.7% |
£1,689,752 |
-5.1% |
£1,780,117 |
|
Total Current Liabilities |
£4,038,963 |
31.4% |
£3,072,756 |
-14% |
£3,572,635 |
-1.2% |
£3,615,387 |
-19.4% |
£4,485,433 |
|
Bank Loans & Overdrafts and LTL |
£93,919 |
321.1% |
£22,304 |
113.1% |
£10,467 |
-98.2% |
£584,934 |
-17.2% |
£706,187 |
|
Other Long Term Finance |
£35,965 |
61.2% |
£22,304 |
113.1% |
£10,467 |
- |
0 |
-100% |
£13,117 |
|
Total Long Term Liabilities |
£35,965 |
61.2% |
£22,304 |
113.1% |
£10,467 |
- |
0 |
-100% |
£13,117 |
.
Capital & Reserves
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Called Up Share Capital |
£200 |
100% |
£100 |
- |
£100 |
- |
£100 |
- |
£100 |
|
P & L Account Reserve |
£532,880 |
0.5% |
£530,248 |
14.4% |
£463,593 |
1.7% |
£455,804 |
76.9% |
£257,679 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£533,080 |
0.5% |
£530,348 |
14.4% |
£463,693 |
1.7% |
£455,904 |
76.9% |
£257,779 |
Other Financial Items
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Net Worth |
£533,080 |
0.5% |
£530,348 |
14.4% |
£463,693 |
1.7% |
£455,904 |
76.9% |
£257,779 |
|
Working Capital |
-£587,808 |
2.7% |
-£604,151 |
19.1% |
-£746,818 |
5.6% |
-£791,164 |
21.3% |
-£1,005,243 |
|
Total Assets |
£4,608,008 |
27.1% |
£3,625,408 |
-10.4% |
£4,046,795 |
-0.6% |
£4,071,291 |
-14.4% |
£4,756,329 |
|
Total Liabilities |
£4,074,928 |
31.7% |
£3,095,060 |
-13.6% |
£3,583,102 |
-0.9% |
£3,615,387 |
-19.6% |
£4,498,550 |
|
Net Assets |
£533,080 |
0.5% |
£530,348 |
14.4% |
£463,693 |
1.7% |
£455,904 |
76.9% |
£257,779 |
Cash Flow
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
31/01/14 |
(%) |
31/10/13 |
(%) |
31/10/12 |
(%) |
31/10/11 |
(%) |
31/10/10 |
|
Contingent Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
Capital Employed |
£569,045 |
3% |
£552,652 |
16.6% |
£474,160 |
4% |
£455,904 |
68.3% |
£270,896 |
|
Number of Employees |
32 |
14.3% |
28 |
- |
28 |
-6.7% |
30 |
-3.2% |
31 |
|
Accountants |
|||||||||
|
Auditors |
WILKINS KENNEDY LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse
comments |
||||||||
|
Bankers |
|||||||||
|
Bank Branch Code |
|||||||||
Ratios
|
Date Of Accounts |
31/01/14 |
31/10/13 |
31/10/12 |
31/10/11 |
31/10/10 |
|
Pre-tax profit margin % |
4.33 |
5.39 |
4.56 |
8.12 |
5 |
|
Current ratio |
0.85 |
0.80 |
0.79 |
0.78 |
0.78 |
|
Sales/Net Working Capital |
-17.30 |
-15.05 |
-12.15 |
-11.11 |
-12.38 |
|
Gearing % |
17.60 |
4.20 |
2.30 |
128.30 |
274 |
|
Equity in % |
11.60 |
14.60 |
11.50 |
11.20 |
5.40 |
|
Creditor Days |
14.54 |
39 |
52.71 |
25.33 |
31.31 |
|
Debtor Days |
18.06 |
57.22 |
73.33 |
51.33 |
59.19 |
|
Liquidity/Acid Test |
0.55 |
0.48 |
0.59 |
0.62 |
0.56 |
|
Return On Capital Employed % |
77.40 |
88.63 |
87.31 |
156.65 |
229.86 |
|
Return On Total Assets Employed % |
9.55 |
13.51 |
10.23 |
17.54 |
13.09 |
|
Current Debt Ratio |
7.57 |
5.79 |
7.70 |
7.93 |
17.40 |
|
Total Debt Ratio |
7.64 |
5.83 |
7.72 |
7.93 |
17.45 |
|
Stock Turnover Ratio % |
11.94 |
10.71 |
7.61 |
6.37 |
7.64 |
|
Return on Net Assets Employed % |
82.62 |
92.35 |
89.28 |
156.65 |
241.55 |
Report
Notes
There
are no notes to display.
Status
History
No
Status History found
Event History
|
Date |
Description |
|
15/08/2015 |
Annual
Returns |
|
11/07/2015 |
New
Accounts Filed |
|
11/07/2015 |
New
Accounts Filed |
|
23/08/2014 |
New
Accounts Filed |
|
19/07/2014 |
Annual
Returns |
|
12/03/2014 |
New
Board Member Mrs S.R. Virani appointed |
|
06/03/2014 |
Mr
R.J. Virani has left the board |
|
27/07/2013 |
New
Accounts Filed |
|
27/07/2013 |
New
Accounts Filed |
|
22/07/2013 |
Annual
Returns |
|
09/08/2012 |
New
Accounts Filed |
|
27/07/2012 |
New
Accounts Filed |
|
20/07/2012 |
Annual
Returns |
|
15/08/2011 |
Annual
Returns |
|
25/07/2011 |
New
Accounts Filed |
Previous
Company Names
No
Previous Names found
Writ
Details
No
writs found
Statistics
|
Group |
4
companies |
|
Linkages |
0
companies |
|
Countries |
In
0 countries |
Summary
|
Holding
Company |
RAPPORT
HOLDINGS LIMITED |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
RAPPORT
HOLDINGS LIMITED |
Group
Structure
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
05984525 |
31.10.2014 |
Y |
£10,169,600 |
|
|
01021543 |
31.10.2014 |
N |
|
|
|
05876585 |
31.01.2014 |
N |
£10,169,600 |
|
|
02691692 |
31.10.2014 |
N |
Mortgage
Details
|
Mortgage
Type: |
LEGAL
MORTGAGE |
||
|
Date
Charge Created: |
26/06/00 |
||
|
Date
Charge Registered: |
16/05/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HSBC
BANK PLC; |
||
|
Amount
Secured: |
|||
|
Details: |
UNITS
5003 AND 5004 PELICAN COURT, FAIRHILLS INDUSTRIAL PARK, TALLOW WAY, IRLAM; WITH
THE BENEFIT OF ALL RIGHTS, LICENCES, GUARANTEES, RENT DEPOSITS, CONTRACTS,
DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THE PROPERTY. ANY SHARES OR
MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILL OF
ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THEPROPERTY. ANY RENTAL &
OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN
RESPECT OF THE PROPERTY& ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE
PROPERTY |
||
|
Mortgage
Type: |
GUARANTEE
& DEBENTURE |
||
|
Date
Charge Created: |
22/09/10 |
||
|
Date
Charge Registered: |
29/09/10 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
BARCLAYS
BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE
COMPANIES NAMED THEREIN TOTHE CHARGEE ON ANYACCOUNT WHATSOEVER |
||
|
Details: |
FIXED
AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND
FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES,
FIXED PLANT & MACHINERY |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
25/09/06 |
||
|
Date
Charge Registered: |
26/09/06 |
||
|
Date
Charge Satisfied: |
04/09/14 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HSBC
BANK PLC; |
||
|
Amount
Secured: |
|||
|
Details: |
FIXED
AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT
AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS
FIXTURESFIXED PLANT AND MACHINERY |
||
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
Rajiv
Jayantilal Virani |
2 |
6 |
|
Average
Invoice Value |
Ł622.75 |
|
|
Invoices
available |
301 |
|
|
Paid |
293 |
|
|
Outstanding |
8 |
|
|
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 |
60 |
225 |
5 |
1 |
2 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.75 |
|
|
1 |
Rs.100.68 |
|
Euro |
1 |
Rs.70.88 |
|
GBP |
1 |
Rs. 100.43 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.