MIRA INFORM REPORT

Report No. :	343627
Report Date :	02.10.2015

IDENTIFICATION DETAILS

Name :	SERVOMEX GROUP LIMITED

Formerly Known As :	SERVOMEX (UK) LIMITED IRONCROW LIMITED

Registered Office :	Jarvis Brook Crowborough TN6 3FB

Country :	United Kingdom

Financials (as on) :	31.12.2014

Date of Incorporation :	29.09.1987

Com. Reg. No.:	02170458

Legal Form :	Private limited with Share Capital

Line of Business :	The design, manufacture and distribution of industrial instruments for gas analysis.

No. of Employees :	194 (2014)

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

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 – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

United Kingdom

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

SERVOMEX GROUP LIMITED

Company No

02170458

Company Status

Active - Accounts Filed

Registered Address

SERVOMEX GROUP LIMITED

JARVIS BROOK

CROWBOROUGH

TN6 3FB

Company Summary

Registered Address	SERVOMEX GROUP LIMITED	Trading Address	Servomex Group Ltd
	JARVIS BROOK		Millbrook Industrial Estate
	CROWBOROUGH		Sybron Way, Jarvis Brook
	TN6 3FB		Crowborough, East Sussex
			TN6 3FB
Website Address	http://www.servomex.com
Telephone Number	01892652181	Fax Number
TPS	No	FPS	No
Incorporation Date	29/09/1987
Previous Name	SERVOMEX (UK) LIMITED	Type	Private limited with Share Capital
		FTSE Index	-
Date of Change	02/11/1995	Filing Date of Accounts	22/07/2015
Currency	GBP	Share Capital	£4,426,119
SIC07	26512	Charity Number	-
SIC07 Description	MANUFACTURE OF ELECTRONIC INDUSTRIAL PROCESS CONTROL EQUIPMENT
Principal Activity	The design, manufacture and distribution of industrial instruments for gas analysis.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31/12/2014	£46,777,000	£6,354,000	£25,955,000	194
31/12/2013	£38,685,000	£874,000	£21,087,000	193
31/12/2012	£40,888,000	£3,018,000	£19,607,000	199

Mortgage Summary

Total Mortgage	1
Outstanding	0
Satisfied	1

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade	1
Total Value of Documented Trade	£6,057

Commentary

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

This company's return on total assets employed ratio indicates a highly efficient use of assets.

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

This company's ratio of total liabilities to total assets indicates the presence of strong equity funding.

The company has more cash than short term bank borrowings.

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 -	-

Total Current Directors	6
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	46

Current Directors

Name	Subashini Suriyar	Date of Birth	10/06/1965
Officers Title	Mrs	Nationality	British
Present Appointments	5	Function	Director
Appointment Date	01/11/2013
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Name	Clive Graeme Watson	Date of Birth	04/02/1958
Officers Title	Mr	Nationality	British
Present Appointments	10	Function	Director
Appointment Date	23/11/2009
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Name	James Hobby	Date of Birth	06/04/1966
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/09/2004
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Name	Joanna Christine Hallas	Date of Birth	09/02/1970
Officers Title	Ms	Nationality	British
Present Appointments	4	Function	Director
Appointment Date	16/06/2014
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Name	Charles James Hurley	Date of Birth	01/09/1973
Officers Title	Mr	Nationality	American
Present Appointments	1	Function	Director
Appointment Date	08/07/2013
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Name	Victoria Anne Louise Hammond	Date of Birth	25/10/1973
Officers Title	Ms	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	12/11/2014
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB

Current Company Secretary

Name	Subashini Suriyar	Date of Birth	-
Officers Title	Mrs	Nationality
Present Appointments	1	Function	Company Secretary
Appointment Date	01/11/2013
Address	Servomex Group Limited Jarvis Brook, Crowborough, East Sussex, TN6 3FB

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
SPECTRIS GROUP HOLDINGS LTD	GBP	4,426,119	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Turnover	£46,777,000	20.9%	£38,685,000	-5.4%	£40,888,000	16.8%	£35,020,000	29.7%	£27,000,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Export	£43,818,000	19.8%	£36,581,000	-4.1%	£38,127,000	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Wages & Salaries	£10,817,000	4.5%	£10,351,000	-0.7%	£10,428,000	2.2%	£10,203,000	12%	£9,109,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Directors Emoluments	£924,000	-53.9%	£2,004,000	153.4%	£791,000	9.4%	£723,000	24.9%	£579,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Operating Profit	£6,345,000	630.1%	£869,000	-71.5%	£3,051,000	-9.5%	£3,373,000	6.4%	£3,170,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Depreciation	£752,000	4.9%	£717,000	6.9%	£671,000	6.3%	£631,000	-1.7%	£642,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Audit Fees	£37,000	5.7%	£35,000	9.4%	£32,000	3.2%	£31,000	6.9%	£29,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-100%	£33,000	-44.1%	£59,000	247.1%	£17,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Pre Tax Profit	£6,354,000	627%	£874,000	-71%	£3,018,000	-8.9%	£3,314,000	5.1%	£3,153,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Taxation	-£921,000	-482.9%	-£158,000	81.5%	-£855,000	-32.1%	-£647,000	26.8%	-£884,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Profit After Tax	£5,433,000	658.8%	£716,000	-66.9%	£2,163,000	-18.9%	£2,667,000	17.5%	£2,269,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Retained Profit	£5,433,000	658.8%	£716,000	-66.9%	£2,163,000	-18.9%	£2,667,000	17.5%	£2,269,000

Balance Sheet

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Tangible Assets	£10,184,000	2%	£9,985,000	2.8%	£9,709,000	-1.7%	£9,876,000	-1.6%	£10,033,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Intangible Assets	£1,133,000	-25%	£1,511,000	-20%	£1,889,000	-16.6%	£2,266,000	-11.3%	£2,555,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Fixed Assets	£11,317,000	-1.6%	£11,496,000	-0.9%	£11,598,000	-4.5%	£12,142,000	-3.5%	£12,588,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Stock	£5,056,000	24.3%	£4,068,000	2.8%	£3,958,000	-2.3%	£4,051,000	10.8%	£3,655,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Trade Debtors	£6,681,000	23.9%	£5,393,000	-2.3%	£5,519,000	0.7%	£5,482,000	58.7%	£3,455,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Cash	£1,098,000	999.9%	£60,000	-97.8%	£2,721,000	614.2%	£381,000	-68.7%	£1,216,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Other Debtors	£11,277,000	106.7%	£5,456,000	276.3%	£1,450,000	-37.8%	£2,333,000	35.2%	£1,726,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Current Assets	£24,112,000	61%	£14,977,000	9.7%	£13,648,000	11.4%	£12,247,000	21.8%	£10,052,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Trade Creditors	£5,363,000	66.2%	£3,227,000	13.4%	£2,846,000	-9.1%	£3,130,000	4.6%	£2,991,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Other Short Term Finance	£356,000	-18%	£434,000	36.9%	£317,000	-79%	£1,508,000	-55.7%	£3,405,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£3,085,000	205.4%	£1,010,000	-50.6%	£2,043,000	-17.3%	£2,469,000	17%	£2,110,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Current Liabilities	£8,804,000	88.5%	£4,671,000	-10.3%	£5,206,000	-26.7%	£7,107,000	-16.4%	£8,506,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£670,000	-6.3%	£715,000	65.1%	£433,000	16.1%	£373,000	62.2%	£230,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£670,000	-6.3%	£715,000	65.1%	£433,000	16.1%	£373,000	62.2%	£230,000

Capital & Reserves

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Called Up Share Capital	£4,426,000	-	£4,426,000	-	£4,426,000	-	£4,426,000	-	£4,426,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	P & L Account Reserve	£20,416,000	36.3%	£14,983,000	5%	£14,267,000	17.9%	£12,104,000	28.3%	£9,437,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Sundry Reserves	£1,113,000	-33.7%	£1,678,000	83.6%	£914,000	141.2%	£379,000	824.4%	£41,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Shareholder Funds	£25,955,000	23.1%	£21,087,000	7.5%	£19,607,000	16%	£16,909,000	21.6%	£13,904,000

Other Financial Items

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Net Worth	£24,822,000	26.8%	£19,576,000	10.5%	£17,718,000	21%	£14,643,000	29%	£11,349,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Working Capital	£15,308,000	48.5%	£10,306,000	22.1%	£8,442,000	64.2%	£5,140,000	232.5%	£1,546,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Assets	£35,429,000	33.8%	£26,473,000	4.9%	£25,246,000	3.5%	£24,389,000	7.7%	£22,640,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Liabilities	£9,474,000	75.9%	£5,386,000	-4.5%	£5,639,000	-24.6%	£7,480,000	-14.4%	£8,736,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Net Assets	£25,955,000	23.1%	£21,087,000	7.5%	£19,607,000	16%	£16,909,000	21.6%	£13,904,000

Cash Flow

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Capital Employed	£26,625,000	22.1%	£21,802,000	8.8%	£20,040,000	16%	£17,282,000	22.3%	£14,134,000
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Number of Employees	194	0.5%	193	-3%	199	1.5%	196	16.7%	168
	Accountants
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	13.58	2.26	7.38	9.46	11.68
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Current ratio	2.74	3.21	2.62	1.72	1.18
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	3.06	3.75	4.84	6.81	17.46
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Gearing %	2.60	3.40	2.20	2.20	1.70
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Equity in %	75.70	84.50	83.90	76.40	69.20
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Creditor Days	41.73	30.36	25.33	32.53	40.32
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Debtor Days	51.98	50.74	49.13	56.98	46.57
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	2.16	2.33	1.86	1.15	0.75
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Return On Capital Employed %	23.86	4	15.05	19.17	22.30
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	17.93	3.30	11.95	13.58	13.92
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.33	0.22	0.26	0.42	0.61
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.36	0.25	0.28	0.44	0.62
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	10.80	10.51	9.68	11.56	13.53
$Description: \\vivek-pc\123 Foreign Report Raw\SERVOMEX GROUP LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	24.48	4.14	15.39	19.59	22.67

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
01/08/2015	New Accounts Filed
01/08/2015	New Accounts Filed
11/04/2015	Annual Returns
19/11/2014	New Board Member Ms V.A. Hammond appointed
06/09/2014	New Accounts Filed
06/09/2014	New Accounts Filed
06/08/2014	Mr J. MacFarlane has left the board
19/06/2014	New Board Member Mrs J.C. Hallas appointed
04/04/2014	Annual Returns
18/03/2014	Dr M.J. Proctor has left the board
06/03/2014	Mr S. Blair has left the board
05/11/2013	Mr T.J. Brammer has left the board
05/11/2013	Mr T.J. Brammer has resigned as company secretary
05/11/2013	New Company Secretary Mrs S. Suriyar appointed
05/11/2013	New Board Member Mrs S. Suriyar appointed

Previous Company Names

Date

Previous Name

02/11/1995

SERVOMEX (UK) LIMITED

IRONCROW LIMITED

28/04/1988

Writ Details

No writs found

Statistics

Group	27 companies
Linkages	49 companies
Countries	In 9 countries

Summary

Holding Company	SPECTRIS GROUP HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	SPECTRIS PLC

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
SPECTRIS PLC	02025003	31.12.2014	Y	£1,173,700,000
SERVOMEX LIMITED	01938746	31.12.2014	N
BRUEL & KJAER UK LIMITED	04066051	31.12.2014	N	£8,641,000
NOVISIM LIMITED	05269664	31.12.2014	N	£152,983
NEWPORT ELECTRONICS INC	N/A	-	-
OMEGA ENGINEERING, INC		-	-	$70,000,000
NEWPORT ELECTRONICS...	01457039	31.12.2014	N	£2,000
OMEGA ENGINEERING LI...	02564017	31.12.2014	N	£10,560,000
AGEMONT LIMITED	03046375	31.12.2014	N	£2,000
OMEGA TECHNOLOGIES...	02775272	31.12.2014	N	£617,000
PANALYTICAL LIMITED	01005071	31.12.2014	N	£7,183,353
PARTICLE MEASURING SYS...	00895810	31.12.2014	N
SPECTRIS GROUP HOLDING...	01104312	31.12.2014	N
BRUEL & KJAER VTS LI...	01539186	31.12.2014	N	£19,082,000
HBM UNITED KINGDOM L...	01589921	31.12.2014	N	£10,936,000
MALVERN INSTRUMENTS...	01020602	31.12.2014	N	£90,343,000
NANOSIGHT LIMITED	04599525	30.06.2014	N	£6,999,632
VISCOTEK EUROPE LI...	02865266	31.12.2014	N
NDC TECHNOLOGIES LIM...	00630998	31.12.2014	N	£20,287,000
SERVOMEX GROUP LIMITED	02170458	31.12.2014	N	£46,777,000
SPECTRIS UK HOLDINGS...	04451903	31.12.2014	N
SPECTRIS US HOLDINGS...	04451883	31.12.2014	N
BURNFIELD LIMITED	01522736	31.12.2014	N
SPECTRIS TECHNOLOGIES INC		-	-
SPECTRIS UK	06493959	31.12.2014	N
SPECTRIS FINANCE L...	03834606	31.12.2014	N
SPECTRIS PENSION TRUST...	02486608	31.12.2013	N

Mortgage Details

Mortgage Type:	DEBENTURE
Date Charge Created:	30/12/88
Date Charge Registered:	16/01/89
Date Charge Satisfied:	27/05/94
Status:	SATISFIED
Person(s) Entitled:	MANUFACTURERS HANOVER TRUST COMPANY
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	BY WAY OF LEGAL MORTGAGE F/H. PROPERTY K/AS:- TITLE NO\S ESX 72099 ESX 83519, NO\S ESX 72100 ES 72101 FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY

Creditor Details

	Total Number	Total Value
Trade Creditors	0	-
No Creditor Data

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	1	£6,057
Company Name		Amount	Statement Date
Air Filtration Systems Limited		£6,057	30/08/2012

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Stephen Graham Powney	0	31
Michael Andrew Bilton	15	13
Michael Andrew Bilton	15	13
Peter George Parnell	0	8
Robert Fielding Kydd	0	5
David Richard Winrow	0	4
David Allen Willett	0	3
James Charles Webster	20	26
Stephen John Mather	6	8
Leslie Frank James	0	6
Martin James Hardy Johnston	13	46
Martin James Hardy Johnston	13	46
James Graham Zacharias	26	35
Peter Timothy James Fry	4	8
Peter Timothy James Fry	4	8
Kevin Richard Jowett	1	4
Richard John Green	0	1
Robert Kai Chun Wang	0	1
Auke Rentenaar	0	2
Melvin David Platte	0	1
Valerie Ann Stevens	4	4
Valerie Ann Stevens	4	4
Hans Daniel Nilsson	3	25
Spencer Cheng	0	1
Riad Mouhamed Adel Kocache	1	4
Kenneth John Thomas	0	1
Andrew John Armitage	1	1
Lester Edwin Goodman	0	3
Robert Malcolm Gordon	14	29
Robert Malcolm Gordon	14	29
Peter John Elsdon	2	30
Linda Kathryn Bell	3	3
John Robert Burton	0	7
Elaine Margaret Barnden	1	2
Malcolm Langridge	2	6
Roger Harrop	3	30
Simona Gargani	0	1
John Edward O'Higgins	1	5
Stephen Clive Harris	4	28
Christopher Thomas Cottrell	0	1
Timothy John Brammer	0	2
Timothy John Brammer	0	2
Michael James Proctor	0	1
Stephen Blair	1	4
James MacFarlane	0	1
Wayne John Brazier	3	1
Average Invoice Value		£686.82
Invoices available		3096
Paid		2834
Outstanding		262

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	1738	1037	53	5	1
Outstanding	181	38	40	1	2

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.65.55
UK Pound	1	Rs.99.17
Euro	1	Rs.73.08

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	VNT

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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

Name	Number	Latest Key Financials	Turnover
HOTTINGER BALDWIN MESSTECHNIK GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG	HRB 1147	31.12.2013	€139,546,455
SPECTRIS GERMANY GMBH	HRB 8553	31.12.2013
CINTEX GROUP LIMITED	03191077	31.07.2002
BRUEL & KJAER FRANCE	786491555	31.12.2013	€16,573,963
BTG INSTRUMENTS AB	5560458308	31.12.2014	244,421 KSEK
MALVERN INSTRUMENTS GMBH	HRB 243995	31.12.2013	€10,360,120
BTG INSTRUMENTS GMBH	HRB 74230	31.12.2013
OMEGA ENGINEERING GMBH	HRB 241720	31.12.2014
BRÜEL & KJAER VIBRO GMBH	HRB 6803	31.12.2013
OMEGA ENGINEERING B.V.	33187747	31.12.2014
BRÜEL & KJAER GMBH	HRB 21090 HB	31.12.2013	€16,334,946
PANALYTICAL GMBH	HRB 13251	31.12.2013	€13,903,031
NDC INFRARED ENGINEERING GMBH & CO. KG	HRA 84349	31.12.2009
SERVOMEX GMBH	HRB 93707	31.12.2012
FUSION UV SYSTEMS GMBH	HRB 103190	31.12.2011
PARTICLE MEASURING SYSTEMS GERMANY GMBH	HRB 91681	31.12.2014
MALVERN INSTRUMENTS NORDIC AB	5565255410	31.12.2014	34,793 KSEK
NDC TECHNOLOGIES SA	477760038	31.12.2014	€4,514,701
PANALYTICAL GMBH	HRB 8554	-
SPECTRIS GMBH SENSOREN UND SYSTEME	HRB 8539	-