MIRA INFORM REPORT

Report No. :	344954
Report Date :	17.10.2015

IDENTIFICATION DETAILS

Name :	OCHRE BLUE LIMITED

Registered Office :	35 Paul Street London EC2A 4UQ

Country :	United Kingdom

Financials (as on) :	30.04.2014

Date of Incorporation :	09.11.2010

Com. Reg. No.:	07434616

Legal Form :	Private limited with Share Capital

Line of Business :	Non-Specialised Wholesale Trade

No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Company is dissolved

Payment Behaviour :	--

Litigation :	--

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 and address

OCHRE BLUE LIMITED

Registered address

35 Paul Street London EC2A 4UQ

Company Number

07434616

Company Summary

Registered Address	35 PAUL STREET LONDON EC2A 4UQ	Trading Address	35 Paul Street London EC2A 4UQ
Website Address	http://www.ochreblue.com
Telephone Number	02070363500	Fax Number
TPS	No	FPS	No
Incorporation Date	09/11/2010
Previous Name		Type	Private limited with Share Capital
		FTSE Index	-
Date of Change	-	Filing Date of Accounts	25/07/2014
Currency	GBP	Share Capital	£250,000
SIC07	46900	Charity Number	-
SIC07 Description	NON-SPECIALISED WHOLESALE TRADE
Principal Activity	The company was dormant duirng y/e 30.04.14.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
30/04/2014	-	-	-	-
30/04/2013	-	-	-£253,236	-
30/04/2012	-	-	-£277,877	-

Mortgage Summary

Total Mortgage	1
Outstanding	1
Satisfied	0

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade	0
Total Value of Documented Trade	£0

Commentary

No comments to display

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	2
Total Current Secretaries	0
Total Previous Directors / Company Secretaries	6

Current Directors

Name	Ivan James Lister	Date of Birth	16/10/1968
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	09/11/2010
Address	14 Elmore Street, London, N1 3AL
Name	Priyankur Kulkarni	Date of Birth	11/11/1982
Officers Title	Mr	Nationality	Indian
Present Appointments	1	Function	Director
Appointment Date	09/01/2013
Address	35 Paul Street, London, EC2A 4UQ

Current Company Secretary

------

Top 20 Shareholders

Name		Currency Share Count	Share Type	Nominal Value	% of Total Share Count
SHRUTI TIEUP PRIVATE LTD	GBP	122,500	ORDINARY	1	49
LOWELL HARDER	GBP	40,000	ORDINARY	1	16
NATALIE BOLTON	GBP	30,000	ORDINARY	1	12
ALISON ELIZABETH STEWART	GBP	25,000	ORDINARY	1	10
IVAN JAMES LISTER	GBP	25,000	ORDINARY	1	10
ANTHONY JOHN CORLETT	GBP	5,000	ORDINARY	1	2
DILIP DAMLE	GBP	625	ORDINARY	1	0.25
MUKUND KULKARNI	GBP	625	ORDINARY	1	0.25
ARJUN KULKARNI	GBP	625	ORDINARY	1	0.25
PRIYANKUR KULKARNI	GBP	625	ORDINARY	1	0.25

Profit & Loss

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Weeks	52	(%)	52	(%)	77	(%)	-	(%)	-
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	-
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	-
Turnover	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	-	-	£1,593	-86.7%	£11,992	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Tangible Assets	0	-100%	£1,243	-56.2%	£2,836	-	-	-	-
Intangible Assets	0	-100%	£22,260	8.8%	£20,463	-	-	-	-
Total Fixed Assets	0	-100%-100%	£23,503	0.9%	£23,299	-	-	-	-
Stock	0	-100%	£45,617	117.6%	£20,968	-	-	-	-
Trade Debtors	0	-100%	£441,110	615.7%	£61,630	-	-	-	-
Cash	0	-100%	£47,483	-5.6%	£50,293	-	-	-	-
						-	-	-	-
Other Debtors	0	-	0	-	0	-	-	-	-
Miscellaneous Current Assets	0	-	0	-	0	-	-	-	-
Total Current Assets	0	-100%-100%	£534,210	302%	£132,891	-	-	-	-
Trade Creditors	0	-100%	£436,684	154.5%	£171,567	-	-	-	-
Bank Loans & Overdrafts	0	-100%	0	-	0	-	-	-	-
Other Short Term Finance	0	-100%-100%	0	-	0	-	-	-	-
Miscellaneous Current Liabilities	0	-100%	0	-	0	-	-	-	-
Total Current Liabilities	0	-100%	£436,684	154.5%	£171,567	-	-	-	-
Bank Loans & Overdrafts and LTL	0	-100%-100%	£374,265	42.6%	£262,500	-	-	-	-
Other Long Term Finance	0	-100%	0	-	0	-	-	-	-
Total Long Term Liabilities	0	-100%-100%	£374,265	42.6%	£262,500	-	-	-	-

Capital & Reserves

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Called Up Share Capital	-	-100%	£250,000	127.3%	£110,000	-	-	-	-
P & L Account Reserve	-	100%	-£503,236	-29.7%	-£387,877	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	-	100%	-£253,236	8.9%	-£277,877	-	-	-	-

Other Financial Items

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Net Worth	-	100%	-£275,496	7.7%	-£298,340	-	-	-	-
Working Capital	-	100%	£97,526	352.2%	-£38,676	-	-	-	-
Total Assets	-	100%	£557,713	257.1%	£156,190	-	-	-	-
Total Liabilities	-	100%	£810,949	86.8%	£434,067	-	-	-	-
Net Assets	-	100%	-£253,236	8.9%	-£277,877	-	-	-	-

Cash Flow

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	30/04/14	(%)	30/04/13	(%)	30/04/12	(%)	-	(%)	-
Contingent Liability	NO	-	NO	-	NO	-	-	-	-
Capital Employed	-	-100%	£121,029	887.1%	-£15,377	-	-	-	-
Number of Employees	-	-	-	-	-	-	-	-	-

Auditors	EVERETT & SON
Auditor Comments	The audit report contains additional comments
Bankers
Bank Branch Code

Ratios

Date Of Accounts	30/04/14	30/04/13	30/04/12	-	-
Pre-tax profit margin %	-	-	-	-	-
Current ratio	-	1.22	0.77	-	-
Sales/Net Working Capital	-	-	-	-	-
Gearing %	0	-147.80	-94.50	-	-
Equity in %	-	-47.30	-204.70	-	-
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	-	1.11	0.65	-	-
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	-	-1.72	-0.61	-	-
Total Debt Ratio	-	-3.20	-1.56	-	-
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

Date Description

09/04/2015 Dissolution (Final)

25/12/2014 Dissolution (First Gazt)

12/12/2014 Vol. Dissolution Requested

Event History

Date	Description
27/11/2014	Mr M.V. Kulkarni has left the board
27/11/2014	Mr A. Kulkarni has left the board
27/11/2014	Mr D.S. Damle has left the board
27/11/2014	Miss N.A. Bolton has left the board
27/11/2014	Miss A.E. Stewart has left the board
09/08/2014	New Accounts Filed
26/06/2014	Change in Reg.Office
26/06/2014	Change of Company Postcode
11/02/2014	New Accounts Filed
04/02/2014	Mr A.J. Corlett has left the board
14/01/2014	Annual Returns
07/02/2013	New Board Member Mr P. Kulkarni appointed
07/02/2013	New Board Member Mr M.V. Kulkarni appointed
07/02/2013	New Board Member Mr A. Kulkarni appointed
07/02/2013	New Board Member Mr D.S. Damle appointed

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

No Group Structure

Mortgage Details

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	24/11/10
Date Charge Registered:	02/12/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	OCTAGON ASSETS LIMITED
	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE
Amount Secured:	TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	DEPOSIT OF £5,000.00 SEE IMAGE FOR FULLDETAILS

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Anthony John Darcy Corlett	7	9
Dilip Shrikrishna Damle	0	1
Arjun Kulkarni	0	1
Mukund Vasudeo Kulkarni	0	1
Natalie Angelique Bolton	0	1
Alison Elizabeth Stewart	0	1

Average Invoice Value	Ł146.49
Invoices available	17
Paid	17
Outstanding	0
	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

Outstanding

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.64.97
UK Pound	1	Rs.100.55
Euro	1	Rs.73.99

INFORMATION DETAILS

Analysis Done by :	KAS

Report Prepared by :	ANK

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.