MIRA INFORM REPORT

Report No. :	344495
Report Date :	09.10.2015

IDENTIFICATION DETAILS

Name :	DONALD WARD LIMITED

Registered Office :	Rawdon Works Moira Road Woodville De11 8dg

Country :	United Kingdom

Financials (as on) :	31.03.2014

Date of Incorporation :	24.12.1976

Com. Reg. No.:	01292288

Legal Form :	Private limited with Share Capital

Line of Business :	Manufacture of basic iron and steel and of ferro-alloys

No. of Employees :	170 (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 :	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

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

DONALD WARD LIMITED

Company No

01292288

Company Status

Active - Accounts Filed

Registered Address

RAWDON WORKS

MOIRA ROAD

WOODVILLE

DE11 8DG

Company Summary

Registered Address	RAWDON WORKS	Trading Address	Rawdon Works
	MOIRA ROAD		Moira Road
	WOODVILLE		Woodville
	DE11 8DG		Swadlincote, Derbyshire
Website Address	http://www.wardrecycling.com		DE11 8DG

			Griffon Road, Quarry Hill Ind Estate Likeston, Derbyshire DE7 4RF, United Kingdom
Telephone Number	01283217192	Fax Number
TPS	No	FPS	No
Incorporation Date	24/12/1976
Previous Name		Type	Private limited with Share Capital
		FTSE Index	-
Date of Change	-	Filing Date of Accounts	20/12/2014
Currency	GBP	Share Capital	£80,179
SIC07	24100	Charity Number	-
SIC07 Description	MANUFACTURE OF BASIC IRON AND STEEL AND OF FERRO-ALLOYS
Principal Activity	The provision of professional metal recycling and waste management solutions for business of all sizes.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder Funds	Employees
31/03/2014	£90,173,800	£681,138	£12,488,474	170
31/03/2013	£101,718,259	£919,705	£12,052,110	161
31/03/2012	£104,113,625	£2,069,987	£11,452,230	168

Mortgage Summary

Total Mortgage	13
Outstanding	9
Satisfied	4

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade	4
Total Value of Documented Trade	£2,720

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 relatively efficient use of assets.

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.

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

Total Current Secretaries

Total Previous Directors / Company

Secretaries

Current Directors

Name	Janet Ward	Date of Birth	13/04/1937
Officers Title	Mrs	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	31/12/1990
Address	Coach House, Spinney Manor, North Lane, Brailsford, Derbyshire
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	David Ward	Date of Birth	12/12/1961
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	31/12/1990
Address	Spinney Manor, North Lane Brailsford, Derby, DE6 3BE
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	James Jonathan Balfour	Date of Birth	29/10/1969
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/12/2002
Address	8 St Johns Drive, Kilburn, Derbyshire, DE56 0JN
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Dennis Michael Bell	Date of Birth	15/10/1952
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	01/12/2002
Address	65 Wiltshire Road, Chaddesden, Derby, DE21 6EY
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Michael Ward	Date of Birth	27/06/1957
Officers Title	Mr	Nationality	British
Present Appointments	3	Function	Director
Appointment Date	31/12/1990
Address	Heritage House Hollinoton Lane, Ednaston Ashbourne, Derby, DE6 3AE
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Toby Potter	Date of Birth	04/04/1975
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	05/02/2007
Address	Griffon Road Quarry Hill Ind Estate, Ilkeston, Derbyshire, DE7 4RF
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Malcolm Earl Richards	Date of Birth	24/05/1963
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	08/06/2013
Address	18 Kimberley Road, 18 Kimberley Road Nuthall, Nottingham, NG16 1DF
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Janet Ward	Date of Birth	13/04/1937
Officers Title	Mrs	Nationality	British
Present Appointments	2	Function	Company Secretary
Appointment Date	31/12/1990
Address	Coach House, Spinney Manor, North Lane, Brailsford, Derbyshire
Other Actions		View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MICHAEL WARD	GBP	36,756	ORDINARY A	1	45.84
MR DAVID WARD	GBP	35,089	ORDINARY C	1	43.76
SIWAN WARD	GBP	2,500	ORDINARY D	1	3.12
DAVID WARD JNR	GBP	2,500	ORDINARY D	1	3.12
THOMAS WARD	GBP	1,666	ORDINARY B	1	2.08
DONALD WARD JNR	GBP	1,667	ORDINARY B	1	2.08
DAVID WARD SNR	GBP	1	ORDINARY D1	0.5	0
MICHAEL WARD SNR	GBP	1	ORDINARY B1	0.5	0

Profit & Loss

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Turnover	£90,173,800	-11.3%	£101,718,259	-2.3%	£104,113,625	34.1%	£77,666,435	48.4%	£52,324,943
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Export	£35,892,502	-14%	£41,737,467	9.9%	£37,985,915	84.1%	£20,631,059	72.6%	£11,954,944
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Cost of Sales	£72,829,609	-13.9%	£84,576,235	0.2%	£84,387,452	40.5%	£60,068,131	45%	£41,417,804
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Gross Profit	£17,344,191	1.2%	£17,142,024	-13.1%	£19,726,173	12.1%	£17,598,304	61.3%	£10,907,139
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Wages & Salaries	£6,328,389	20%	£5,271,592	-15.6%	£6,242,983	29.5%	£4,820,856	9.7%	£4,395,166
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Directors Emoluments	£657,712	43.7%	£457,721	-32%	£672,782	-66.5%	£2,006,061	258.2%	£560,032
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Operating Profit	£815,920	-25.7%	£1,098,359	-57.3%	£2,571,668	-19.7%	£3,202,333	278.3%	£846,522
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Depreciation	£2,133,286	4.2%	£2,048,032	10.5%	£1,853,628	15.8%	£1,601,187	-1.7%	£1,629,275
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Audit Fees	£20,000	-	£20,000	1.3%	£19,750	12.9%	£17,500	2.9%	£17,000
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Interest Payments	£137,302	-23.3%	£179,071	50.8%	£118,751	108.6%	£56,934	-20.5%	£71,641
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Pre Tax Profit	£681,138	-25.9%	£919,705	-55.6%	£2,069,987	-34.2%	£3,146,796	207.4%	£1,023,635
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Taxation	-£142,399	34.5%	-£217,450	-706.1%	-£26,975	96.7%	-£825,842	-199.7%	-£275,595
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Profit After Tax	£538,739	-23.3%	£702,255	-65.6%	£2,043,012	-12%	£2,320,954	210.3%	£748,040
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Dividends Payable	£102,375	-	£102,375	-	-	-	-	-	-
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Retained Profit	£436,364	-27.3%	£599,880	-70.6%	£2,043,012	-12%	£2,320,954	210.3%	£748,040

Balance Sheet

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Tangible Assets	£12,045,932	-10.4%	£13,441,359	28.5%	£10,459,461	17.3%	£8,917,297	6.9%	£8,338,107
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Intangible Assets	£25,833	-36.7%	£40,833	-26.9%	£55,833	-21.2%	£70,833	-	0
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Fixed Assets	£12,071,765	-10.5%	£13,482,192	28.2%	£10,515,294	17%	£8,988,130	7.8%	£8,338,107
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Stock	£1,660,479	-0.5%	£1,668,597	-7.4%	£1,801,453	28.2%	£1,405,633	8.7%	£1,293,346
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Trade Debtors	£8,679,939	-31.1%	£12,601,478	-8%	£13,695,340	26%	£10,870,221	92.9%	£5,634,043
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Cash	£3,027,033	71.1%	£1,769,467	67.7%	£1,055,295	-41.2%	£1,796,200	32.4%	£1,357,090
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Other Debtors	£2,247,396	34.4%	£1,671,869	48.9%	£1,123,095	277.2%	£297,707	-37.5%	£476,654
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Current Assets	£15,614,847	-11.8%	£17,711,411	0.2%	£17,675,183	23%	£14,369,761	64%	£8,761,133
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Trade Creditors	£9,410,071	-16.6%	£11,286,666	-3.2%	£11,661,186	37.4%	£8,487,873	43.4%	£5,917,761
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	£316,980	-	£316,980	0.8%	£314,453	2.7%	£306,086	22.4%	£250,000
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Other Short Term Finance	£1,216,456	-	£1,216,456	178.2%	£437,193	50.8%	£289,827	0.3%	£289,076
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£831,838	-36.8%	£1,316,762	-6.6%	£1,410,317	-36.4%	£2,218,147	165.1%	£836,701
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Current Liabilities	£11,775,345	-16.7%	£14,136,864	2.3%	£13,823,149	22.3%	£11,301,933	55%	£7,293,538
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£3,739,773	-29.7%	£5,321,609	64.8%	£3,229,551	9.4%	£2,952,826	-0.5%	£2,967,438
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Other Long Term Finance	£2,499,928	-32.7%	£3,716,384	202.4%	£1,229,132	110.6%	£583,752	190.1%	£201,213
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£3,422,793	-31.6%	£5,004,629	71.7%	£2,915,098	10.1%	£2,646,740	-2.6%	£2,717,438

Capital & Reserves

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Called Up Share Capital	£80,179	-	£80,179	-	£80,179	-	£80,179	-	£80,179
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	P & L Account Reserve	£12,408,295	3.6%	£11,971,931	5.3%	£11,372,051	21.9%	£9,329,039	33.1%	£7,008,085
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Shareholder Funds	£12,488,474	3.6%	£12,052,110	5.2%	£11,452,230	21.7%	£9,409,218	32.7%	£7,088,264

Other Financial Items

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Net Worth	£12,462,641	3.8%	£12,011,277	5.4%	£11,396,397	22%	£9,338,385	31.7%	£7,088,264
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Working Capital	£3,839,502	7.4%	£3,574,547	-7.2%	£3,852,034	25.6%	£3,067,828	109%	£1,467,595
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Assets	£27,686,612	-11.2%	£31,193,603	10.7%	£28,190,477	20.7%	£23,357,891	36.6%	£17,099,240
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Liabilities	£15,198,138	-20.6%	£19,141,493	14.4%	£16,738,247	20%	£13,948,673	39.3%	£10,010,976
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Net Assets	£12,488,474	3.6%	£12,052,110	5.2%	£11,452,230	21.7%	£9,409,218	32.7%	£7,088,264

Cash Flow

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	£3,955,774	24.7%	£3,171,307	-10.4%	£3,537,460	28.3%	£2,756,749	197.7%	£926,150
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	£2,715,764	56.9%	£1,730,824	999.9%	-£13,602	-101.5%	£902,135	59.4%	£565,995
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-£1,458,198	-43.4%	-£1,016,652	-39.8%	-£727,303	-57.1%	-£463,025	29.7%	-£659,098
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Increase in Cash	£1,257,566	76.1%	£714,172	196.4%	-£740,905	-268.7%	£439,110	571.6%	-£93,103

Miscellaneous

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/03/10
	Contingent Liability	NO	-	NO	-	YES	-	NO	-	YES
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Capital Employed	£15,911,267	-6.7%	£17,056,739	18.7%	£14,367,328	19.2%	£12,055,958	22.9%	£9,805,702
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Number of Employees	170	5.6%	161	-4.2%	168	15.1%	146	11.5%	131
	Accountants
	Auditors	PKF COOPER PARRY GROUP LIMITED
	Auditor Comments	The audit report contains no adverse comments
	Bankers	HSBC BANK PLC
	Bank Branch Code	40-43-30

Ratios

	Date Of Accounts	31/03/14	31/03/13	31/03/12	31/03/11	31/03/10
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	0.76	0.90	1.99	4.05	1.96
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Current ratio	1.33	1.25	1.28	1.27	1.20
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	23.49	28.46	27.03	25.32	35.65
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Gearing %	29.90	44.20	28.20	31.40	41.90
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Equity in %	45.10	38.70	40.70	40.40	41.50
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Creditor Days	37.98	40.38	40.76	39.78	41.16
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Debtor Days	35.03	45.09	47.88	50.94	39.19
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.18	1.13	1.14	1.14	1.02
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Return On Capital Employed %	4.28	5.39	14.40	26.10	10.43
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	2.46	2.94	7.34	13.47	5.98
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.94	1.17	1.20	1.20	1.02
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Total Debt Ratio	1.21	1.58	1.46	1.48	1.41
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	1.84	1.64	1.73	1.80	2.47
$Description: \\shraddha\Online Foreign Reports\DONALD WARD LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	5.45	7.63	18.07	33.44	14.44

Event History

Date	Description
12/01/2015	New Accounts Filed
12/01/2015	New Accounts Filed
20/12/2014	Annual Returns
30/12/2013	New Accounts Filed
30/12/2013	New Accounts Filed
21/12/2013	Annual Returns
19/06/2013	New Board Member Mr M.E. Richards appointed
12/01/2013	New Accounts Filed
12/01/2013	New Accounts Filed
10/01/2013	Annual Returns
03/01/2012	New Accounts Filed
03/01/2012	New Accounts Filed
26/12/2011	Annual Returns
13/01/2011	New Accounts Filed
13/01/2011	New Accounts Filed

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 Structure Full

No Group Structure

Mortgage Details

Mortgage Type:
Date Charge Created:	03/07/13
Date Charge Registered:	12/07/13
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC EQUIPMENT FINANCE (UK) LIMITED;HSBC ASSET FINANCE (UK) LIMITED;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.
Mortgage Type:	FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE
Date Charge Created:	20/07/12
Date Charge Registered:	24/07/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BY WAY OF FIRST FIXED CHARGE ALL DEBTS AND ALL EXPORT DEBTS PURPORTEDLY ASSIGNED TO THE SECURITY HOLDER PURSUANT TO THEDEBT PURCHASE AGREEMENT. ALL ASSOCIATEDRIGHTS RELATING TO ANY NON-VESTING DOMESTIC DEBTS AND NON-VESTING EXPORT DEBTS. BY WAY OF FIRST FIXED CHARGE THE EXCLUDED PROCEEDS AND BY WAYOF FIRST FLOATING CHARGE ALL PRESENT AND FUTURE ASSETS UNDERTAKING AND ALL OTHER PROPERTY AND ASSETSSEE IMAGE FOR FULL DETAILS

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	25/07/08
Date Charge Registered:	26/07/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	THE PROPERTY LAND AND BUILDINGS LYING TO THE EAST OF ILKESTON ROAD AND TO THE SOUTH EAST OF QUARRY HILL ROAD, PLOT 12 GRIFFON ROAD, LAND LYING TO THE SOUTH WEST OF MERLIN WAY, EREWASH, ILKSTON, DERBYSHIRE T/N\S DY386573,DY399421, DY210323,DY345437, DY323205 AND DY141006 WITH THE BENEFIT OF ALL RIGHTS, LICENCES, GUARANTEES, RENT DEPOSITS, CONTRACTS, DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THEPROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILL OFANY BUSINESS FROMTIME TO TIME CARRIED ON AT THE PROPERTY. ANY RENTAL & OTHER MONEY PAYABLE AND ANY LEGAL LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY & ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	12/11/03
Date Charge Registered:	13/11/03
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	SCANIA P114CB8 X 4 340 - C/N 4499061 REG NO FJ53 CYO SCANIA P114CB8 X 4 340 - C/N 4499056 REG NO FJ53 CYL SCANIA P114CB8 X 4 340 - C/N 4499047 REG NO FJ53 CYK FOR DETAILS OF FURTHER CHATTELS PLAESE REFER TO FORM 395 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	08/01/03
Date Charge Registered:	08/01/03
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS, PLANT, MACHINERY AND THINGS BEING 2 X SCANIA P114C88X4 HZ 340 5.1M TRUCKS, CHASSIS NOS. 1273581 & 1273575, REG. NOS. FJ51 NRK & FJ51 NRF RESPECTIVELY.
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	02/11/00
Date Charge Registered:	02/11/00
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS :- NEW HENSCHEL SCRAP SHEAR 850/80 S/NO M3451710

Mortgage Type:	DEBENTURE
Date Charge Created:	07/04/00
Date Charge Registered:	11/04/00
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
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
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	31/03/99
Date Charge Registered:	31/03/99
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	RD TRUST GROUP LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	1 NEW LIEBHERR 360 CRANE EXCAVATOR S/NO6094.,1 NEW ALLIED DS32ORN TITLING SHEAR CLEAVER TOGETHER WITH ANCILLARY EQUIMENT S/NO.DS32ORN PLEASE REFER TO FORM 395FOR FULL DETAILS OF CHARGED ASSETS

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	31/03/99
Date Charge Registered:	31/03/99
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	FORWARD TRUST LIMITED FORWA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	1 NEW LIEBHERR 360 CRANE EXCAVATOR S/NO6094.,1 NEW ALLIED DS32ORN TITLING SHEAR CLEAVER TOGETHER WITH ANCILLARY EQUIMENT S/NO.DS32ORN PLEASE REFER TO FORM 395FOR FULL DETAILS OF CHARGED ASSETS
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	07/10/94
Date Charge Registered:	07/10/94
Date Charge Satisfied:	27/01/01
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ONE USED HARRIS TGS204 BALING PRESS, SERIAL NO: TGS204

Mortgage Type:	CHATTELS MORTGAGE.
Date Charge Created:	12/09/94
Date Charge Registered:	12/09/94
Date Charge Satisfied:	27/01/01
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS PLANT ANDMACHINERY AND THINGS AS DESCRIBED; ONE NEW SENNEBOGEN SM15C HYDRAULIC HANDLER ,SERIAL NO 51505293 , ONE NEW MERCEDES BENZ 1820K/39 TIPPER CHASSIS WITH SHEPPARD MELLOR BODY, REGISTRATION NO M511PTV. CHASSIS NO 6521272K059567, ONE NEW MERCEDES BENZ 3234K TIPPERCHASSIS WITH LACRE PDE ROLONOF HOOK LOADER BODY, REGISTRATION NO;M510 PTV, CHASSIS NO WDB 625119-2K-0654824. ONE NEW MERCEDES BENZ 1820K/39 TIPPER CHASSIS WITH TELEHOIST SKIP EQUIPMENT, REGISTRATIONNO M512 PTV, CHASSIS NO WDB 652127-2K 0715614. .
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	05/01/88
Date Charge Registered:	08/01/88
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING BOOK DEBTS UNCALLED CAPITAL.

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	04/09/87
Date Charge Registered:	09/09/87
Date Charge Satisfied:	07/01/95
Status:	SATISFIED
Person(s) Entitled:	ALLIED BREWERIEN LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE INCLUDING MONEYS DUE FOR GOODS SOLDAND DELIVERED UNDER THE TERMS OF THE CHARGE.
Details:	F/H PREMISES K/A CRAIGSIDE MANOR CRAIGSIDE LLANDUDNO GWYNEDD TOGETHER WITH THE LAND FORMING THE SITETHEREOF AND USED &OCCUPIED THEREWITH INCLUDING ALL ADDITIONS & ALL BUILDINGS ERECTIONS FIXTURES &FITTINGS
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	17/11/81
Date Charge Registered:	20/11/81
Date Charge Satisfied:	07/01/95
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL CHATTELS PLANT MACHINERY AND ITEMS DESCRIBED:- ONE-NOW HYDRAULIC HENSCHEL SCRAP SHEAR TYPE SV 550E PRECOMPRESSION WING WITH CHANGEABLE ANGLES AND SHORT SCRAP HOLDING TABLE WITH 500/550 TONS SHEARING FORCE INCLUDING 4700 MM CHARGING BOXAND 700MM KNIFE SER. NO M3451436

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	4	£2,720
Company Name		Amount	Statement Date
Balmoral Property Solutions Ltd		£1,188	19/06/2015
Highglade Flooring Limited		£883	19/02/2010
Nexus Total Print Solutions Limited		£479	30/08/2012
Journal Group Production Company Ltd		£170	17/12/2012

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Donald Ward	0	1

Average Invoice Value		Ł276.37
Invoices available		150
Paid		147
Outstanding		3

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	54	38	42	8	5
Outstanding	1	2	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.65.16
UK Pound	1	Rs.99.78
Euro	1	Rs.73.33

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	TRU

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.