MIRA INFORM REPORT

 

 

Report No. :

346467

Report Date :

27.10.2015

 

IDENTIFICATION DETAILS

 

Name :

S. SACKER (CLAYDON) LIMITED

 

 

Formerly Known as :

CLAYDON METALS LIMITED

 

 

Registered Office :

Railway Sidings Gipping Road, Great Blakenham, IPSWICH IP6 0JB

 

 

Country :

United Kingdom

 

 

Financials (as on) :

30.04.2015

 

 

Date of Incorporation :

03.11.1980

 

 

Com. Reg. No.:

01526052

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :
  • Scrap metal and delivery of total waste management solutions.
  • Collection of Non-Hazardous Waste.

 

 

No. of Employee :

65

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but Correct

 

 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

United Kingdom

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

UNITED KINGDOM ECONOMIC OVERVIEW

 

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.

In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 20% by 2015. However, the deficit still remains one of the highest in the G7, standing at 6.0% in 2014.

In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

The Bank of England (BoE) implemented an asset purchase program of �375 billion (approximately $586 billion) as of December 2014. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU).

 

Source : CIA

 

Company Name and address

 

S. SACKER (CLAYDON) LIMITED

 

Company No.

01526052

 

Registered Address

RAILWAY SIDINGS GIPPING ROAD, GREAT BLAKENHAM, IPSWICH IP6 0JB

 

 

Company Summary

 

Registered Address

RAILWAY SIDINGS GIPPING ROAD, GREAT BLAKENHAM, IPSWICH IP6 0JB

Trading Address

 

Railway Sidings Gipping Road Great Blakenham Ipswich, Suffolk IP6 0JB

Website Address

http://www.sackers.co.uk

 

 

Telephone Number

01473830373

Fax Number

 

TPS

No

FPS

No

Incorporation Date

03/11/1980

 

 

Previous Name

CLAYDON METALS LIMITED

Type

Private limited with Share Capital

FTSE Index

--

Date of Change

07/02/1985

Filing Date of Accounts

21/09/2015

Currency

GBP

Share Capital

£100

SIC07

38110

Charity Number

--

 

 

SIC07 Description

COLLECTION OF NON-HAZARDOUS WASTE

Principal Activity

Scrap metal and delivery of total waste management solutions.

 

 

Key Financials

 

Year to Date

Turnover

Pre Tax Profit

Shareholder

Funds Employees

30/04/2015

£25,241,173

£75,316

£3,397,722

65

30/04/2014

£23,360,434

-£480,796

£3,324,858

61

30/04/2013

£24,599,737

£476,206

£3,534,962

61

 

 

Mortgage Summary

 

Total Mortgage              21

Outstanding                  6

Satisfied                       15

 

Trade Debtors / Bad Debt Summary

 

Total Number of Documented Trade       3

Total Value of Documented Trade          £24,410

 

 

Commentary

 

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

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

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

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

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 lower level of corporate failures.

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

 

Total Current Directors

5

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

5

 

 

Current Directors

 

Name

Charles Anthony Robert Dodds

Date of Birth

06/05/1931

Officers Title

Mr

Nationality

British

Present Appointments

2

Function

Director

Appointment Date

09/07/1991

Address

Railway Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB

 

Name

Beryl Ida Dodds

Date of Birth

08/09/1934

Officers Title

Mrs

Nationality

British

Present Appointments

3

Function

Director

Appointment Date

09/07/1995

Address

Railway Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB

 

Name

Adrian Alexander Dodds

Date of Birth

17/12/1960

Officers Title

Mr

Nationality

British

Present Appointments

5

Function

Director

Appointment Date

09/07/1991

Address

Railway Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB

 

Name

David Graeme Dodds

Date of Birth

28/07/1962

Officers Title

Mr

Nationality

British

Present Appointments

4

Function

Director

Appointment Date

09/07/1991

Address

Railway Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB

 

Name

Ewan Christopher Cameron Dodds

Date of Birth

01/10/1959

Officers Title

Mr

Nationality

British

Present Appointments

6

Function

Director

Appointment Date

09/07/1991

Address

Railway Sidings, Gipping Road, Great, Blakenham, Ipswich, Suffolk, IP6 0JB

 

 

Current Company Secretary

 

------

 

 

Top 20 Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

MR DAVID GRAEME DODDS

GBP

30

ORDINARY

1

30

MR ADRIAN ALEXANDER DODDS

GBP

30

ORDINARY

1

30

MR CHARLES ANTHONY ROBERT DODDS

GBP

15

ORDINARY

1

15

MRS BERYL IDA DODDS

GBP

15

ORDINARY

1

15

EWAN CHRISTOPHER CAMERON DODDS

GBP

10

ORDINARY

1

10

 

Profit & Loss

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Turnover

£25,241,173

8.1%

£23,360,434

-5%

£24,599,737

-7.1%

£26,485,804

15.5%

£22,938,215

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-

-

Gross Profit

-

-

-

-

-

-

-

-

-

Wages & Salaries

£1,923,400

-1.7%

£1,957,412

13%

£1,731,888

-2.6%

£1,778,674

16.1%

£1,532,043

Directors Emoluments

£271,728

-25.4%

£364,332

17.7%

£309,645

-26.1%

£419,047

19.2%

£351,559

Operating Profit

£384,703

325.6%

-£170,560

-122.5%

£756,426

-15.4%

£894,441

6.9%

£836,456

Depreciation

£782,944

-2.5%

£803,114

15.3%

£696,475

9.6%

£635,392

15.2%

£551,570

Audit Fees

-

-

-

-

-

-

-

-

-

Interest Payments

£318,706

-0.2%

£319,239

10.4%

£289,220

-6.3%

£308,560

4.9%

£294,141

Pre Tax Profit

£75,316

115.7%

-£480,796

-201%

£476,206

-19.8%

£594,131

6%

£560,315

Taxation

-£2,452

-100.9%

£275,194

439.6%

-£81,024

41.2%

-£137,782

-33.3%

-£103,396

Profit After Tax

£72,864

135.4%

-£205,602

-152%

£395,182

-13.4%

£456,349

-0.1%

£456,919

Dividends Payable

-

-100%

£4,500

-90.7%

£48,440

-28.2%

£67,500

275%

£18,000

Retained Profit

£72,864

134.7%

-£210,102

-160.6%

£346,742

-10.8%

£388,849

-11.4%

£438,919

 

 

Balance Sheet

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Tangible Assets

£7,571,243

-3.8%

£7,868,847

5%

£7,494,162

7%

£7,004,671

1.7%

£6,884,557

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£7,571,243

-3.8%

£7,868,847

5%

£7,494,162

7%

£7,004,671

1.7%

£6,884,557

Stock

£574,195

-35.1%

£884,138

16.6%

£758,310

-30%

£1,082,540

34.3%

£806,169

Trade Debtors

£3,602,032

20.7%

£2,985,090

22.3%

£2,439,949

-21.7%

£3,117,754

2.7%

£3,035,835

Cash

£4,291

-76.9%

£18,540

-94.1%

£313,606

827.5%

£33,813

-5.4%

£35,742

Other Debtors

£687,722

17.8%

£583,803

-33.1%

£873,181

-5.7%

£926,214

203.5%

£305,220

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£4,868,240

8.9%

£4,471,571

2%

£4,385,046

-15%

£5,160,321

23.4%

£4,182,966

Trade Creditors

£2,887,848

16.7%

£2,474,908

7.3%

£2,306,287

-15.2%

£2,720,326

14.1%

£2,384,231

Bank Loans & Overdrafts

£1,339,150

25.4%

£1,068,262

9.9%

£971,956

56.6%

£620,651

0.4%

£618,407

Other Short Term Finance

£639,026

-2.4%

£654,444

36.4%

£479,831

37.7%

£348,359

123.8%

£155,683

Miscellaneous Current Liabilities

£676,980

4.9%

£645,316

-16.1%

£769,535

-25.9%

£1,037,828

5.5%

£984,077

Total Current Liabilities

£5,543,004

14.5%

£4,842,930

7%

£4,527,609

-4.2%

£4,727,164

14.1%

£4,142,398

Bank Loans & Overdrafts and LTL

£4,837,907

-7.7%

£5,240,892

9.4%

£4,788,593

-1.7%

£4,870,259

2.7%

£4,744,161

Other Long Term Finance

£823,359

-30%

£1,175,541

260.8%

£325,791

-25.1%

£434,983

168.6%

£161,959

Total Long Term Liabilities

£3,498,757

-16.1%

£4,172,630

9.3%

£3,816,637

-10.2%

£4,249,608

3%

£4,125,754

 

 

Capital & Reserves

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Called Up Share Capital

£100

-

£100

-

£100

-

£100

-

£100

P & L Account Reserve

£3,397,622

2.2%

£3,324,758

-5.9%

£3,534,862

10.9%

£3,188,120

13.9%

£2,799,271

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

-

-

-

-

-

-

-

-

-

Shareholder Funds

£3,397,722

2.2%

£3,324,858

-5.9%

£3,534,962

10.9%

£3,188,220

13.9%

£2,799,371

 

 

Other Financial Items

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Net Worth

£3,397,722

2.2%

£3,324,858

-5.9%

£3,534,962

10.9%

£3,188,220

13.9%

£2,799,371

Working Capital

-£674,764

-81.7%

-£371,359

-160.5%

-£142,563

-132.9%

£433,157

967.7%

£40,568

Total Assets

£12,439,483

0.8%

£12,340,418

3.9%

£11,879,208

-2.3%

£12,164,992

9.9%

£11,067,523

Total Liabilities

£9,041,761

0.3%

£9,015,560

8%

£8,344,246

-7%

£8,976,772

8.6%

£8,268,152

Net Assets

£3,397,722

2.2%

£3,324,858

-5.9%

£3,534,962

10.9%

£3,188,220

13.9%

£2,799,371

 

 

Cash Flow

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Net Cashflow from Operations

£1,206,152

181.9%

£427,899

-77.5%

£1,904,582

84.4%

£1,032,768

-23.8%

£1,354,739

Net Cashflow before Financing

£666,347

933.6%

-£79,933

-114.2%

£563,805

310.4%

£137,394

-86.3%

£1,004,149

Net Cashflow from Financing

-£713,592

-55.4%

-£459,110

-631.8%

-£62,733

48.2%

-£121,084

80.2%

-£611,665

Increase in Cash

-£47,245

91.2%

-£539,043

-207.6%

£501,072

999.9%

£16,310

-95.8%

£392,484

 

 

Miscellaneous

 

Date Of Accounts

30/04/15

(%)

30/04/14

(%)

30/04/13

(%)

30/04/12

(%)

30/04/11

Contingent Liability

NO

-

NO

-

NO

-

NO

-

NO

Capital Employed

£6,896,479

-8%

£7,497,488

2%

£7,351,599

-1.2%

£7,437,828

7.4%

£6,925,125

Number of Employees

65

6.6%

61

7%

57

-1.7%

58

11.5%

52

Accountants

Auditors

ENSORS ACCOUNTANTS LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

HSBC BANK PLC

Bank Branch Code

20-98-07

 

 

Ratios

 

Date Of Accounts

30/04/15

30/04/14

30/04/13

30/04/12

30/04/11

Pre-tax profit margin %

0.30

-2.06

1.94

2.24

2.44

Current ratio

0.88

0.92

0.97

1.09

1.01

Sales/Net Working Capital

-37.41

-62.91

-172.55

61.15

565.43

Gearing %

142.40

157.60

135.50

152.80

169.50

Equity in %

27.30

26.90

29.80

26.20

25.30

Creditor Days

41.64

38.56

34.12

37.38

37.83

Debtor Days

51.94

46.51

36.10

42.84

48.17

Liquidity/Acid Test

0.77

0.74

0.80

0.86

0.81

Return On Capital Employed %

1.09

-6.41

6.47

7.98

8.09

Return On Total Assets Employed %

0.60

-3.89

4

4.88

5.06

Current Debt Ratio

1.63

1.45

1.28

1.48

1.47

Total Debt Ratio

2.66

2.71

2.36

2.81

2.95

Stock Turnover Ratio %

2.27

3.78

3.08

4.08

3.51

Return on Net Assets Employed %

2.21

-14.46

13.47

18.63

20.01

 

 

Report Notes

 

There are no notes to display.

 

 

Status History

 

No Status History found

 

 

*Event History

 

Date

Description

06/10/2015

New Accounts Filed

06/10/2015

New Accounts Filed

19/07/2015

Annual Returns

17/07/2015

Mr E.C. Dodds has resigned as company secretary

19/02/2015

New Accounts Filed

23/07/2014

Annual Returns

14/10/2013

New Accounts Filed

14/10/2013

New Accounts Filed

23/07/2013

Annual Returns

02/10/2012

New Accounts Filed

04/08/2012

Annual Returns

25/08/2011

New Accounts Filed

25/08/2011

New Accounts Filed

22/07/2011

Annual Returns

15/10/2010

New Accounts Filed

 

 

Previous Company Names

 

Date

Previous Name

07/02/1985

CLAYDON METALS LIMITED

31/12/1981

WALEPARK LIMITED

 

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:

19/12/13

Date Charge Registered:

03/01/14

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

LOMBARD NORTH CENTRAL PLC;

Amount Secured:

Details:

CONTAINS FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.

Mortgage Type:

Date Charge Created:

24/12/13

Date Charge Registered:

27/12/13

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

LLOYDS BANK PLC;

Amount Secured:

Details:

CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.

 

Mortgage Type:

Date Charge Created:

15/05/13

Date Charge Registered:

21/10/13

Date Charge Satisfied:

-

Status:

SATISFIED

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC;

Amount Secured:

Details:

CONTAINS FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.

Mortgage Type:

CHATTEL CHARGE

Date Charge Created:

18/03/13

Date Charge Registered:

21/10/13

Date Charge Satisfied:

-

Status:

SATISFIED

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC;

Amount Secured:

Details:

HENSCHEL PRE-SHREDDER, MODEL HV-250 S/NM335-1409 INCLUDING ANY SPARE PARTS, ACCESSORIES, MODIFICATIONS AND ADDITIONS SEE IMAGE FOR FULL DETAILS

 

Mortgage Type:

ASSIGNMENT OF RECEIVABLES ARISING UNDEREXPORT LCS

Date Charge Created:

06/01/12

Date Charge Registered:

12/01/12

Date Charge Satisfied:

10/11/14

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS BANK PLC;

Amount Secured:

Details:

ALL RIGHTS AND ALL MONIES DUE OR OWING TO THE COMPANY BY AN ISSUING BANK UNDER EACH IRREVOCABLE DOCUMENTARY LETTER OF CREDIT ISSUED IN RESPECT OF GOODS SOLD UNDER AN EXPORT TRANSACTION WHICH GIVES RISE TO RECEIVABLES

Mortgage Type:

MORTGAGE

Date Charge Created:

28/10/08

Date Charge Registered:

01/11/08

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

£2,480,733.00 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THECHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

THE ITEMS LISTED ON THE SCHEDULE BEING - LYNXS TMR 185X225 HEAVY DUTY SCRAP SHREDDER & ANCILLARY EQUIPMENT; SCHORCH 930KW SHREDDER DRIVE & VOITH COUPLING; MILLSOUND ENCLOSURE, FOR DETAILS OF FURTHERGOODS CHARGED PLEASE REFER TO FORM 395,TOGETHER WITH ALL ACCESSORIES AND COMPONENT PARTS AND ALL IMPROVEMENTS AND RENEWALS THEREOF SEE IMAGE FOR FULL DETAILS

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

28/03/08

Date Charge Registered:

01/04/08

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H LAND ADJACENT TO THE RAILWAY SIDINGS GIPPING ROAD GREAT BALKENHAM SUFFOLK T/N SK206083 AND SK121851

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

28/03/08

Date Charge Registered:

01/04/08

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H THE DEBTRAC CENTRE IPSWICH ROAD NEEDHAM MARKET SUFFOLK T/N SK288949

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

28/03/08

Date Charge Registered:

01/04/08

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H RAILWAY SIDINGS GIPPING ROAD GREAT BLAKENHAM SUFFOLK T/N SK113159

Mortgage Type:

DEBENTURE

Date Charge Created:

08/01/08

Date Charge Registered:

18/01/08

Date Charge Satisfied:

10/11/14

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS BANK PLC;

Amount Secured:

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY

 

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

19/01/07

Date Charge Registered:

24/01/07

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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:

F/H THE DEBTRAC CENTRE NEEDHAM MARKET IPSWICH WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIMECARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY

Mortgage Type:

CHATTEL MORTGAGE

Date Charge Created:

18/10/04

Date Charge Registered:

21/10/13

Date Charge Satisfied:

-

Status:

SATISFIED

Person(s) Entitled:

HSBC BANK PLC;

Amount Secured:

Details:

THE CHATTELS BEING WASTE TRUMEL SYSTEM SERIAL NO. RT6-1500 INCLUDING INSURANCE,SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

CHATTEL MORTGAGE

Date Charge Created:

04/06/03

Date Charge Registered:

21/10/13

Date Charge Satisfied:

-

Status:

SATISFIED

Person(s) Entitled:

HSBC BANK PLC;

Amount Secured:

Details:

ELDAN SR HEAVY RASPER - 21257

Mortgage Type:

CHATTEL MORTGAGE

Date Charge Created:

06/01/03

Date Charge Registered:

21/10/13

Date Charge Satisfied:

-

Status:

SATISFIED

Person(s) Entitled:

HSBC BANK PLC;

Amount Secured:

Details:

THE PROPERTY K/A ELDAN CHOPPING MACHUNEA-SC1412 TOGETHER WITH ALL POLICIES OF INSURANCE IN RESPECT OF THE EQUIPMENT

 

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

01/06/00

Date Charge Registered:

03/06/00

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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:

PROPERTY K/A LAND & BUILDINGS AT STATION ROAD GREAT BLAKENHAM (F/H) WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTYANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

20/12/96

Date Charge Registered:

28/12/96

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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:

LAND LYING TO THE NORTH OF STATION ROADCLAYDON THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS AND ANY GOODWILL OF ANY BUSINESS AND ANY RENTAL OR OTHER MONEY PAYABLE UNDER ANY LEASE LICENSE OR OTHER INTEREST SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

09/01/92

Date Charge Registered:

10/01/92

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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:

F/H-FORMER GOODS YARD AT CLAYDON STATION GREAT BLAKENHAM NEAR IPSWICH SUFFOLK

Mortgage Type:

CHATTEL MORTGAGE

Date Charge Created:

20/11/91

Date Charge Registered:

21/11/91

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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:

CHATTEL MORTGAGE OVER LINDERMAN LT 575 CRUSHING MACHINE SERIAL NO 942112

 

Mortgage Type:

FIXED AND FLOATING CHARGE

Date Charge Created:

21/10/91

Date Charge Registered:

22/10/91

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

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 AND FLOATING CHARGE OVER ALL THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING BOOKDEBTS &UNCALLED CAPITAL.

Mortgage Type:

CHARGE

Date Charge Created:

21/05/81

Date Charge Registered:

29/05/81

Date Charge Satisfied:

27/01/09

Status:

SATISFIED

Person(s) Entitled:

MIDLAND BANK LTD

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGE OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDINGUNCALLED CAPITAL

 

Mortgage Type:

MORTGAGE DEBENTURE

Date Charge Created:

19/05/81

Date Charge Registered:

26/05/81

Date Charge Satisfied:

26/05/81

Status:

SATISFIED

Person(s) Entitled:

A KING & SONS LIMITED

Amount Secured:

£45,000

Details:

FIXED AND FLOATING CHARGE ON UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL, BOOKDEBTS, & UNCALLED CAPITAL. COMPANY\S LEASEHOLD PROPERTY AT GREAT BLAKENHAM, SUFFOLK, TOGETHER WITH 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

3

£24,410

Company Name

Amount

Statement Date

F Murphy Alloys Limited

£18,527

28/08/2013

Jordelle Recycling Limited

£3,298

03/03/2015

Seuk Limited

£2,585

20/04/2010

 

 

Previous Director/Company Secretaries

 

Name

Current Directorships

Previous Directorships

Beryl Ida Dodds

3

1

Julie Dodds

1

2

Ewan Christopher Cameron Dodds

6

3

Helen Claire Dodds

1

2

Rosalie Dodds

0

1

Average Invoice Value

Ł874.03

Invoices available

457

Paid

453

Outstanding

4

 

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

42

249

85

45

32

Outstanding

0

1

2

1

0

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.96

UK Pound

1

Rs.99.55

Euro

1

Rs.71.64

 

 

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.