MIRA INFORM REPORT
|
Report No. : |
345967 |
|
Report Date : |
20.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
PINGUIN FOODS UK LIMITED |
|
|
|
|
Formerly Known As : |
PINGUINLUTOSA FOODS UK LIMITED |
|
|
|
|
Registered Office : |
Scania Way Kings Lynn Norfolk PE30 4LR |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
24.04.2002 |
|
|
|
|
Com. Reg. No.: |
04423715 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
242 |
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 Summary
|
Registered
Address |
SCANIA WAY KINGS
LYNN NORFOLK PE30 4LR |
Trading
Address |
Scania
Way King's Lynn Norfolk PE30 4LR |
|
Website
Address |
|
|
|
|
Telephone
Number |
01553696250 |
Fax Number |
|
|
TPS |
No |
FPS |
|
|
Incorporation
Date |
24/04/2002 |
|
|
|
Previous
Name |
PINGUINLUTOSA
FOODS UK LIMITED |
Type |
Private
limited with Share Capital |
|
FTSE Index |
-- |
Date of
Change |
23/04/2012 |
|
Filing Date
of Accounts |
27/08/2015 |
Currency |
GBP |
|
Share
Capital |
£16,161,414 |
SIC07 |
10390 |
|
Charity
Number |
-- |
|
|
|
SIC07
Description |
OTHER
PROCESSING AND PRESERVING OF FRUIT AND VEGETABLES |
||
|
Principal
Activity |
Private
label supplier of frozen vegetables. |
||
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31/03/2015 |
£102,765,000 |
£645,000 |
£5,928,000 |
242 |
|
31/03/2014 |
£98,035,000 |
£786,000 |
£5,283,000 |
238 |
|
31/03/2013 |
£101,361,000 |
-£4,536,000 |
£4,497,000 |
239 |
Mortgage Summary
Total Mortgage 7
Outstanding 2
Satisfied 5
Trade Debtors / Bad Debt Summary
Total Number of Documented Trade 1
Total Value of Documented Trade £1,067
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. |
|
|
This company's bank loans and overdrafts
(less cash) account for a moderate percentage of short term liabilities. |
|
|
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 |
3 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company
Secretaries |
12 |
Current Directors
|
Name |
Nigel Stuart Terry |
Date of Birth |
10/02/1951 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
7 |
Function |
Director |
|
Appointment Date |
02/07/2011 |
||
|
Address |
Redbrook 32 Blackmore Way, Wheathampstead,
St. Albans, Hertfordshire, AL4 8LJ |
||
|
Name |
HALUVAN BVBA |
Date of Birth |
- |
|
Officers Title |
Nationality |
||
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
01/08/2013 |
||
|
Address |
27 Plezierstraat, 9810 Nazareth |
||
|
Name |
KOFA BVBA |
Date of Birth |
- |
|
Officers Title |
Nationality |
||
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
17/02/2015 |
||
|
Address |
Vijverbosstraat 8 8840, Westrozebeke |
||
Current Company Secretary
|
Name |
Arjan Buschman |
Date of Birth |
06/06/1977 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
2 |
Function |
Company Secretary |
|
Appointment Date |
07/12/2005 |
||
|
Address |
Paston House Tittleshall Road, Litcham,
King's Lynn, Norfolk, PE32 2PB |
||
Top 20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
PINGUIN NV |
GBP |
16,161,414 |
ORDINARY |
1 |
100 |
Profit & Loss
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
65 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£102,765,000 |
4.8% |
£98,035,000 |
-3.3% |
£101,361,000 |
-20% |
£126,760,000 |
17% |
£108,387,000 |
|
Export |
£7,980,000 |
229.2% |
£2,424,000 |
-48.8% |
£4,733,000 |
-58.3% |
£11,345,000 |
-24.3% |
£14,986,000 |
|
Cost of Sales |
£78,062,000 |
5.8% |
£73,760,000 |
3.7% |
£71,161,000 |
-15.1% |
£83,798,000 |
23.7% |
£67,741,000 |
|
Gross Profit |
£24,703,000 |
1.8% |
£24,275,000 |
-19.6% |
£30,200,000 |
-29.7% |
£42,962,000 |
5.7% |
£40,646,000 |
|
Wages & Salaries |
£11,646,000 |
4.6% |
£11,129,000 |
35.1% |
£8,239,000 |
-33% |
£12,292,000 |
-8% |
£13,358,000 |
|
Directors Emoluments |
£251,000 |
0.8% |
£249,000 |
13.2% |
£220,000 |
-47.2% |
£417,000 |
71.6% |
£243,000 |
|
Operating Profit |
£3,028,000 |
24.1% |
£2,440,000 |
177.7% |
-£3,142,000 |
61% |
-£8,051,000 |
-288.9% |
£4,262,000 |
|
Depreciation |
£2,637,000 |
27.3% |
£2,071,000 |
-28.4% |
£2,891,000 |
-8.5% |
£3,158,000 |
49.8% |
£2,108,000 |
|
Audit Fees |
£67,000 |
11.7% |
£60,000 |
- |
£60,000 |
3.4% |
£58,000 |
-10.8% |
£65,000 |
|
Interest Payments |
£2,582,000 |
52.3% |
£1,695,000 |
21.6% |
£1,394,000 |
-21.1% |
£1,767,000 |
117.6% |
£812,000 |
|
Pre Tax Profit |
£645,000 |
-17.9% |
£786,000 |
117.3% |
-£4,536,000 |
53.8% |
-£9,818,000 |
-384.6% |
£3,450,000 |
|
Taxation |
- |
- |
- |
- |
- |
-100% |
£1,651,000 |
281% |
-£912,000 |
|
Profit After Tax |
£645,000 |
-17.9% |
£786,000 |
117.3% |
-£4,536,000 |
44.5% |
-£8,167,000 |
-421.8% |
£2,538,000 |
|
Dividends Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
£645,000 |
-17.9% |
£786,000 |
117.3% |
-£4,536,000 |
44.5% |
-£8,167,000 |
-421.8% |
£2,538,000 |
Balance Sheet
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Tangible Assets |
£37,085,000 |
66% |
£22,334,000 |
37.6% |
£16,236,000 |
-2% |
£16,568,000 |
25.8% |
£13,167,000 |
|
Intangible Assets |
£1,144,000 |
-9.7% |
£1,267,000 |
-4.2% |
£1,323,000 |
-0.1% |
£1,324,000 |
0.3% |
£1,320,000 |
|
Total Fixed Assets |
£38,229,000 |
62% |
£23,601,000 |
34.4% |
£17,559,000 |
-1.9% |
£17,892,000 |
23.5% |
£14,487,000 |
|
Stock |
£37,048,000 |
13.5% |
£32,639,000 |
26.6% |
£25,772,000 |
-24.1% |
£33,936,000 |
-21% |
£42,977,000 |
|
Trade Debtors |
£16,303,000 |
20.9% |
£13,485,000 |
-20.7% |
£17,013,000 |
10.3% |
£15,418,000 |
-28% |
£21,416,000 |
|
Cash |
£2,000 |
-96.8% |
£62,000 |
-98.1% |
£3,293,000 |
-10.2% |
£3,666,000 |
-39.8% |
£6,091,000 |
|
Other Debtors |
£4,035,000 |
-10.8% |
£4,526,000 |
-20.7% |
£5,704,000 |
-60.8% |
£14,552,000 |
334.3% |
£3,351,000 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£57,388,000 |
13.2% |
£50,712,000 |
-2.1% |
£51,782,000 |
-23.4% |
£67,572,000 |
-8.5% |
£73,835,000 |
|
Trade Creditors |
£10,520,000 |
43.4% |
£7,335,000 |
-22.3% |
£9,437,000 |
-7.1% |
£10,154,000 |
-69% |
£32,730,000 |
|
Bank Loans & Overdrafts |
£1,073,000 |
- |
0 |
-100% |
£4,925,000 |
-3.9% |
£5,125,000 |
-22.5% |
£6,614,000 |
|
Other Short Term Finance |
£10,000,000 |
-79.1% |
£47,918,000 |
71.2% |
£27,985,000 |
-23.8% |
£36,727,000 |
452.5% |
£6,648,000 |
|
Miscellaneous Current Liabilities |
£15,942,000 |
15.7% |
£13,777,000 |
-12.1% |
£15,669,000 |
-9.7% |
£17,349,000 |
-3.5% |
£17,982,000 |
|
Total Current Liabilities |
£37,535,000 |
-45.6% |
£69,030,000 |
19% |
£58,016,000 |
-16.3% |
£69,355,000 |
8.4% |
£63,974,000 |
|
Bank Loans & Overdrafts and LTL |
£53,227,000 |
- |
0 |
-100% |
£11,753,000 |
-3.7% |
£12,201,000 |
-11.3% |
£13,762,000 |
|
Other Long Term Finance |
£52,154,000 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£176,000 |
|
Total Long Term Liabilities |
£52,154,000 |
- |
0 |
-100% |
£6,828,000 |
-3.5% |
£7,076,000 |
-1% |
£7,148,000 |
Capital & Reserves
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Called Up Share Capital |
£16,161,000 |
- |
£16,161,000 |
- |
£16,161,000 |
- |
£16,161,000 |
- |
£16,161,000 |
|
P & L Account Reserve |
-£10,233,000 |
5.9% |
-£10,878,000 |
6.7% |
-£11,664,000 |
-63.6% |
-£7,128,000 |
-786% |
£1,039,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£5,928,000 |
12.2% |
£5,283,000 |
17.5% |
£4,497,000 |
-50.2% |
£9,033,000 |
-47.5% |
£17,200,000 |
Other Financial Items
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Net Worth |
£4,784,000 |
19.1% |
£4,016,000 |
26.5% |
£3,174,000 |
-58.8% |
£7,709,000 |
-51.5% |
£15,880,000 |
|
Working Capital |
£19,853,000 |
208.4% |
-£18,318,000 |
-193.8% |
-£6,234,000 |
-249.6% |
-£1,783,000 |
-118.1% |
£9,861,000 |
|
Total Assets |
£95,617,000 |
28.7% |
£74,313,000 |
7.2% |
£69,341,000 |
-18.9% |
£85,464,000 |
-3.2% |
£88,322,000 |
|
Total Liabilities |
£89,689,000 |
29.9% |
£69,030,000 |
6.5% |
£64,844,000 |
-15.2% |
£76,431,000 |
7.5% |
£71,122,000 |
|
Net Assets |
£5,928,000 |
12.2% |
£5,283,000 |
17.5% |
£4,497,000 |
-50.2% |
£9,033,000 |
-47.5% |
£17,200,000 |
Cash Flow
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
(%) |
31/03/12 |
(%) |
31/12/10 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£58,082,000 |
999.4% |
£5,283,000 |
-53.4% |
£11,325,000 |
-29.7% |
£16,109,000 |
-33.8% |
£24,348,000 |
|
Number of Employees |
242 |
1.7% |
238 |
-0.4% |
239 |
-8.1% |
260 |
0.4% |
259 |
|
Accountants |
|
|
Auditors |
DELOITTE LLP |
|
Auditor Comments |
The audit report contains no adverse
comments |
|
Bankers |
FORTIS BANK SA/NV |
|
Bank Branch Code |
40-52-62 |
Ratios
|
Date Of Accounts |
31/03/15 |
31/03/14 |
31/03/13 |
31/03/12 |
31/12/10 |
|
Pre-tax profit margin % |
0.63 |
0.80 |
-4.48 |
-7.75 |
3.18 |
|
Current ratio |
1.53 |
0.73 |
0.89 |
0.97 |
1.15 |
|
Sales/Net Working Capital |
5.18 |
-5.35 |
-16.26 |
-71.09 |
10.99 |
|
Gearing % |
897.90 |
0 |
261.40 |
135.10 |
80 |
|
Equity in % |
6.30 |
7.20 |
6.60 |
10.70 |
19.80 |
|
Creditor Days |
37.26 |
27.23 |
33.88 |
36.44 |
109.91 |
|
Debtor Days |
57.74 |
50.06 |
61.09 |
55.34 |
71.92 |
|
Liquidity/Acid Test |
0.54 |
0.26 |
0.44 |
0.48 |
0.48 |
|
Return On Capital Employed % |
1.11 |
14.87 |
-40.05 |
-60.94 |
14.16 |
|
Return On Total Assets Employed % |
0.67 |
1.05 |
-6.54 |
-11.48 |
3.90 |
|
Current Debt Ratio |
6.33 |
13.06 |
12.90 |
7.67 |
3.71 |
|
Total Debt Ratio |
15.12 |
13.06 |
14.41 |
8.46 |
4.13 |
|
Stock Turnover Ratio % |
36.05 |
33.29 |
25.42 |
26.77 |
39.65 |
|
Return on Net Assets Employed % |
10.88 |
14.87 |
-100.86 |
-108.69 |
20.05 |
Report
Notes
|
There are no notes to display. |
Status
History
|
No Status History found |
Event History
|
Date |
Description |
|
10/09/2015 |
New Accounts Filed |
|
10/09/2015 |
New Accounts Filed |
|
01/06/2015 |
Annual Returns |
|
20/02/2015 |
Mr H.A. Dejonghe has left the board |
|
20/02/2015 |
New Board Member KOFA BVBA appointed |
|
13/12/2014 |
New Accounts Filed |
|
21/06/2014 |
Annual Returns |
|
01/01/2014 |
New Accounts Filed |
|
01/01/2014 |
New Accounts Filed |
|
14/10/2013 |
Mr K.D. Dejonghe has left the board |
|
19/09/2013 |
Mr S. D'Haene has left the board |
|
18/09/2013 |
New Board Member HALUVAN BVBA appointed |
|
29/05/2013 |
Annual Returns |
|
15/01/2013 |
New Accounts Filed |
|
15/01/2013 |
New Accounts Filed |
Previous Company Names
|
Date |
Previous Name |
|
23/04/2012 |
PINGUINLUTOSA FOODS UK LIMITED |
|
29/03/2010 |
PINGUIN FOODS UK LIMITED |
|
10/06/2002 |
HACKREMCO (NO. 1952) LIMITED |
Writ
Details
|
No writs found |
Statistics
|
Group |
5 companies |
|
Linkages |
50 companies |
|
Countries |
In 15 countries |
Summary
|
Holding Company |
- |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
GREENYARD FOODS NV |
Group Structure Full
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
N/A |
- |
- |
|
|
|
402777157 |
31.03.2015 |
N |
€158,090,488 |
|
|
04423715 |
31.03.2015 |
N |
£102,765,000 |
|
|
437126936 |
31.03.2014 |
N |
€211,529,348 |
|
|
02658320 |
31.03.2015 |
N |
£17,828,578 |
Other Linked Companies
|
Name |
Number |
Latest Key Financials |
Turnover |
|
MCCAIN UK H2 LIMITED |
08332066 |
30.06.2014 |
£2,502,000 |
|
MCCAIN UK H1 LIMITED |
08331782 |
30.06.2014 |
|
|
PINGUIN LANGEMARK NV |
427768317 |
31.03.2015 |
€4,696,784 |
|
NOLIKO HOLDING IN VEREFFENING NV |
865259301 |
31.03.2014 |
|
|
SCANA NOLIKO INTERNATIONAL NV |
472486010 |
31.03.2005 |
|
|
VANELO NV |
458234829 |
30.06.2014 |
€86,996,943 |
|
PRIMEUR NV |
423873469 |
31.12.2008 |
€28,844,930 |
|
NOLIKO INVESTMENTS NV |
825485638 |
31.03.2014 |
€5,487,706 |
|
LUTOSA SA |
418162347 |
30.06.2014 |
€320,667,242 |
|
ANTARCTIC FOODS AQUITAINE |
403932130 |
31.03.2015 |
€9,637,846 |
|
G. & L. VAN DEN BROEKE - OLSENE NV |
420902202 |
30.06.2014 |
€131,749,365 |
|
BELGISCHE MAALDERIJ-MAATSCHAPPIJ - SOCIETE
BELGE DE MEUNERIE NV |
402814967 |
30.06.2011 |
€6,096,230 |
|
MCCAIN FOODS (G.B.) LIMITED |
00733218 |
30.06.2014 |
£444,828,000 |
|
LUTOSA S.R.L. |
CO282381 |
31.12.2008 |
€32,478 |
|
DE BINNENAKKERS NV |
837237286 |
31.03.2014 |
€389,102 |
|
LES PRÉS SALÉS NV |
892754643 |
30.06.2014 |
|
|
PINGIUN SALADS BVBA |
437557793 |
31.03.2015 |
|
|
LUTOSA - EXPRESS NV |
406113165 |
31.12.2008 |
|
|
LUTOSA TRADING COMPANY NV |
885893278 |
31.12.2008 |
|
|
DREEFVELDEN NV |
892783743 |
31.12.2013 |
Mortgage Details
|
Mortgage Type: |
|||
|
Date Charge Created: |
16/12/13 |
||
|
Date Charge Registered: |
20/12/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
ING BANK N.V. (AND ITS SUCCESSORS IN TITLE
AND PERMITTED TRANSFEREES); |
||
|
Amount Secured: |
|||
|
Details: |
MARSH LANE BOSTON T/NOS LL258056 LL146305 AND
LL343300MARSH LANE BOSTON AND 12 INCH SURFACE WATER PIPE AND INSPECTION
CHAMBERS T/NO LL71621CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING
CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY. |
||
|
Mortgage Type: |
SECURITY AGREEMENT |
||
|
Date Charge Created: |
08/01/08 |
||
|
Date Charge Registered: |
03/06/13 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
ING BANK NV (SECURITY AGENT); |
||
|
Amount Secured: |
|||
|
Details: |
FOR DETAILS OF PROPERTIES CHARGED PLEASE
REFER TO FORM 395, FIXED AND FLOATING CHARGES OVER ALL PROPERTY AND ASSETS
PRESENT AND FUTURE INCLUDING GOODWILL UNCALLED CAPITAL BUILDINGS FIXTURES
FIXED PLANT AND MACHINERY,SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
06/09/07 |
||
|
Date Charge Registered: |
15/09/07 |
||
|
Date Charge Satisfied: |
13/02/08 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
FORTIS BANK SA/NV |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE
AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
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 SEE
THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
21/03/06 |
||
|
Date Charge Registered: |
30/03/06 |
||
|
Date Charge Satisfied: |
13/02/08 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
PINGUIN NV |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY
TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE AFOREMENTIONED
INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
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 SEE
THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
29/11/04 |
||
|
Date Charge Registered: |
01/12/04 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
FORTIS COMMERCIAL FINANCE LIMITED |
||
|
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: |
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 SEE THE
MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
16/04/03 |
||
|
Date Charge Registered: |
16/04/03 |
||
|
Date Charge Satisfied: |
13/02/08 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
FORTIS LEASE UK LIMITED |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE
COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE INTEREST FROM TIME TO TIME IN THE
EQUIPMENT BEING BLUEPRINT AUTOMATIC CASE PACKAGING E/Q & MARKEM SYSTEMS
PRINTING E/E, BLUEPRINT AUTOMATIC CASEPACKERS (X6) S/N\S
V0678-1/-2/-3/-4/-5/-6, MARKEM TRIPLE PRINT HEAD STAND (X16) S/N\S
44145-44148 / 44801-44804 / 45461-45465 / 45903-45906. FOR DETAILSOF FURTHER
EQUIPMENT CHARGED PLEASE REFER TO FORM 395. SEE THE MORTGAGE CHARGE DOCUMENT
FOR FULL DETAILS |
||
|
Mortgage Type: |
FIXED AND FLOATING CHARGES OVER ALL ASSETS |
||
|
Date Charge Created: |
14/08/02 |
||
|
Date Charge Registered: |
24/08/02 |
||
|
Date Charge Satisfied: |
07/01/08 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
NMB-HELLER LIMITED |
||
|
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 SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
||
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 |
£1,067 |
|
Company Name |
Amount |
Statement Date |
|
J S Scholes Limited |
£1,067 |
17/06/2010 |
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
|
Trevor Ian Harvey |
5 |
3 |
|
|
Jan Gilbert Dejonghe |
0 |
2 |
|
|
Jan Gilbert Dejonghe |
0 |
2 |
|
|
Koen Danieel Marcel Dejonghe |
0 |
2 |
|
|
Koen Danieel Marcel Dejonghe |
0 |
2 |
|
|
Herwig Arthur Dejonghe |
0 |
1 |
|
|
Jozef Karel Hubert Rogiest |
0 |
1 |
|
|
Steven D'Haene |
0 |
1 |
|
|
Peter Denolf |
0 |
1 |
|
|
Colin Taylor |
1 |
4 |
|
|
HACKWOOD SECRETARIES LTD |
623 |
2148 |
|
|
HACKWOOD DIRECTORS LIMITED |
367 |
2054 |
|
|
Average Invoice Value |
Ł3844.47 |
||
|
Invoices available |
436 |
||
|
Paid |
406 |
||
|
Outstanding |
30 |
||
|
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 |
168 |
144 |
45 |
25 |
24 |
|
Outstanding |
11 |
15 |
1 |
2 |
1 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.82 |
|
|
1 |
Rs.100.12 |
|
Euro |
1 |
Rs.73.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.