MIRA INFORM REPORT
|
Report No. : |
345098 |
|
Report Date : |
29.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
H SAMUEL LIMITED |
|
|
|
|
Registered Office : |
110 Cannon StreetlondoneC4N 6EU |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.01.2015 |
|
|
|
|
Date of Incorporation : |
16.03.1917 |
|
|
|
|
Com. Reg. No.: |
00146570 |
|
|
|
|
Legal Form : |
Private
limited with Share Capital |
|
|
|
|
Line of Business : |
Retail sale of watches and jewellery in specialised stores. |
|
|
|
|
No. of Employee : |
1529 |
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
Name
H
SAMUEL LIMITED
Company
No
00146570
Registered
Address
110
CANNON STREETLONDONEC4N 6EU
Company
Summary
Registered
Address
110
CANNON STREET
LONDON
EC4N 6EU
Trading
Address
Cannon
Street House
110 Cannon Street
London
EC4N 6EU
Website
Address http://www.hsamuel.co.uk
Telephone
Number 08709090301
Fax
Number
TPS No
FPS No
Incorporation
Date 16/03/1917
Previous
Name
Type Private limited with
Share Capital
FTSE
Index -
Date
of Change -
Filing
Date of Accounts 15/10/2015
Currency GBP
Share
Capital £23,341,997
SIC07 47770
Charity
Number -
SIC07
Description RETAIL SALE OF
WATCHES AND JEWELLERY IN SPECIALISED STORES
Principal
Activity Retailing of
jewellery, watches and associated services in the United Kingdom and Republic
of Ireland.
76
Key
Financials
Year
to Date Turnover Pre Tax Profit Shareholder Funds
Employees
31/01/2015 £240,282,000 £13,732,000 £107,774,000 1529
01/02/2014 £233,100,000 £9,477,000 £97,178,000 1475
02/02/2013 £243,450,000 £9,902,000 £90,232,000 1508
Mortgage
Summary
Total
Mortgage 7
Outstanding 0
Satisfied 7
Trade
Debtors / Bad Debt Summary
Total
Number of Documented Trade 0
Total
Value of Documented Trade £0
Commentary
|
This
company has been treated as a Large company in respect of the rating/limit
generated. |
|
This
company's return on total assets employed ratio indicates a highly efficient
use of assets. |
|
This
company has made late payments on a medium percentage of invoices. |
|
This
company's ratio of total liabilities to total assets indicates the presence
of strong equity funding. |
|
The
company has more cash than short term bank borrowings. |
CCJ
|
Total
Number of Exact CCJs - |
0 |
Total
Value of Exact CCJs - |
|
|
Total
Number of Possible CCJs - |
2 |
Total
Value of Possible CCJs - |
£2,160 |
|
Total
Number of Satisfied CCJs - |
0 |
Total
Value of Satisfied CCJs - |
|
|
Total
Number of Writs - |
- |
|
Total
Current Directors |
2 |
|
Total
Current Secretaries |
1 |
|
Total
Previous Directors / Company Secretaries |
22 |
Current
Directors
|
Name |
Mark
Andrew Jenkins |
Date
of Birth |
15/11/1957 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
78 |
Function |
Director |
|
Appointment
Date |
25/06/2007 |
||
|
Address |
110
Cannon Street, London, EC4N 6EU |
||
|
Name |
Shaun
David Carney |
Date
of Birth |
13/10/1966 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
7 |
Function |
Director |
|
Appointment
Date |
01/02/2014 |
||
|
Address |
110
Cannon Street, London, EC4N 6EU |
||
Current Company Secretary
|
Name |
Mark
Andrew Jenkins |
Date
of Birth |
15/11/1957 |
|
Officers
Title |
Mr |
Nationality |
British |
|
Present
Appointments |
78 |
Function |
Company
Secretary |
|
Appointment
Date |
01/03/2004 |
||
|
Address |
110
Cannon Street, London, EC4N 6EU |
||
Top
20 Shareholders
|
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
|
SIGNET
TRADING LTD |
GBP |
82,197,667 |
ORDINARY
A NON VOTING |
0.25 |
91.2 |
|
SIGNET
TRADING LTD |
GBP |
6,850,776 |
ORDINARY |
0.25 |
7.6 |
|
SIGNET
TRADING LTD |
GBP |
1,079,886 |
CUMULATIVE
PREFERENCE |
1 |
1.2 |
Financials
Profit
& Loss
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Weeks |
52 |
(%) |
52 |
(%) |
53 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated
A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£240,282,000 |
3.1% |
£233,100,000 |
-4.3% |
£243,450,000 |
0.1% |
£243,166,000 |
0.9% |
£240,911,000 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost
of Sales |
£208,493,000 |
1.4% |
£205,602,000 |
-4.2% |
£214,706,000 |
1% |
£212,600,000 |
0.7% |
£211,213,000 |
|
Gross
Profit |
£31,789,000 |
15.6% |
£27,498,000 |
-4.3% |
£28,744,000 |
-6% |
£30,566,000 |
2.9% |
£29,698,000 |
|
Wages
& Salaries |
£37,407,000 |
-2.6% |
£38,425,000 |
-6.4% |
£41,051,000 |
4% |
£39,472,000 |
1.9% |
£38,723,000 |
|
Directors
Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Profit |
£13,088,000 |
48.7% |
£8,801,000 |
-6.2% |
£9,378,000 |
-26.3% |
£12,721,000 |
1.5% |
£12,528,000 |
|
Depreciation |
£3,757,000 |
-11% |
£4,220,000 |
-21.6% |
£5,385,000 |
-15.2% |
£6,352,000 |
-20.8% |
£8,016,000 |
|
Audit
Fees |
£133,000 |
26.7% |
£105,000 |
-3.7% |
£109,000 |
-2.7% |
£112,000 |
-3.4% |
£116,000 |
|
Interest
Payments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Pre
Tax Profit |
£13,732,000 |
44.9% |
£9,477,000 |
-4.3% |
£9,902,000 |
-24.4% |
£13,097,000 |
-1.8% |
£13,339,000 |
|
Taxation |
-£3,136,000 |
-23.9% |
-£2,531,000 |
16.8% |
-£3,043,000 |
22.1% |
-£3,904,000 |
-174.9% |
-£1,420,000 |
|
Profit
After Tax |
£10,596,000 |
52.5% |
£6,946,000 |
1.3% |
£6,859,000 |
-25.4% |
£9,193,000 |
-22.9% |
£11,919,000 |
|
Dividends
Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained
Profit |
£10,596,000 |
52.5% |
£6,946,000 |
1.3% |
£6,859,000 |
-25.4% |
£9,193,000 |
-22.9% |
£11,919,000 |
Balance
Sheet
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Tangible
Assets |
£12,015,000 |
-2.2% |
£12,287,000 |
-16% |
£14,629,000 |
-7.3% |
£15,783,000 |
-15.8% |
£18,752,000 |
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Fixed Assets |
£12,015,000 |
-2.2% |
£12,287,000 |
-16% |
£14,629,000 |
-7.3% |
£15,783,000 |
-15.8% |
£18,752,000 |
|
Stock |
£63,708,000 |
-4.7% |
£66,846,000 |
0% |
£66,863,000 |
1.3% |
£66,025,000 |
4.3% |
£63,319,000 |
|
Trade
Debtors |
£1,215,000 |
-54.8% |
£2,686,000 |
57.2% |
£1,709,000 |
-2.7% |
£1,756,000 |
26.1% |
£1,392,000 |
|
Cash |
£186,000 |
17% |
£159,000 |
-8.1% |
£173,000 |
-3.4% |
£179,000 |
5.9% |
£169,000 |
|
Other
Debtors |
£51,147,000 |
39.8% |
£36,577,000 |
-0.1% |
£36,618,000 |
18.3% |
£30,966,000 |
51.4% |
£20,450,000 |
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Current Assets |
£116,256,000 |
9.4% |
£106,268,000 |
0.9% |
£105,363,000 |
6.5% |
£98,926,000 |
15.9% |
£85,330,000 |
|
Trade
Creditors |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£7,000 |
|
Bank
Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other
Short Term Finance |
£2,288,000 |
32.9% |
£1,722,000 |
48.3% |
£1,161,000 |
-43.5% |
£2,055,000 |
- |
0 |
|
Miscellaneous
Current Liabilities |
£17,031,000 |
-7.1% |
£18,340,000 |
-32.3% |
£27,105,000 |
31.8% |
£20,562,000 |
-4.5% |
£21,522,000 |
|
Total
Current Liabilities |
£19,319,000 |
-3.7% |
£20,062,000 |
-29% |
£28,266,000 |
25% |
£22,617,000 |
5.1% |
£21,529,000 |
|
Bank
Loans & Overdrafts and LTL |
£1,178,000 |
-10.4% |
£1,315,000 |
-12% |
£1,494,000 |
-13.1% |
£1,719,000 |
25.2% |
£1,373,000 |
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
Long Term Liabilities |
£1,178,000 |
-10.4% |
£1,315,000 |
-12% |
£1,494,000 |
-13.1% |
£1,719,000 |
25.2% |
£1,373,000 |
.
Capital
& Reserves
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Called
Up Share Capital |
£23,343,000 |
- |
£23,343,000 |
- |
£23,343,000 |
- |
£23,343,000 |
- |
£23,343,000 |
|
P
& L Account Reserve |
£83,050,000 |
14.6% |
£72,454,000 |
10.6% |
£65,508,000 |
-0.2% |
£65,649,000 |
16.3% |
£56,456,000 |
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry
Reserves |
£1,381,000 |
- |
£1,381,000 |
- |
£1,381,000 |
- |
£1,381,000 |
- |
£1,381,000 |
|
Shareholder
Funds |
£107,774,000 |
10.9% |
£97,178,000 |
7.7% |
£90,232,000 |
-0.2% |
£90,373,000 |
11.3% |
£81,180,000 |
Other
Financial Items
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Net
Worth |
£107,774,000 |
10.9% |
£97,178,000 |
7.7% |
£90,232,000 |
-0.2% |
£90,373,000 |
11.3% |
£81,180,000 |
|
Working
Capital |
£96,937,000 |
12.4% |
£86,206,000 |
11.8% |
£77,097,000 |
1% |
£76,309,000 |
19.6% |
£63,801,000 |
|
Total
Assets |
£128,271,000 |
8.2% |
£118,555,000 |
-1.2% |
£119,992,000 |
4.6% |
£114,709,000 |
10.2% |
£104,082,000 |
|
Total
Liabilities |
£20,497,000 |
-4.1% |
£21,377,000 |
-28.2% |
£29,760,000 |
22.3% |
£24,336,000 |
6.3% |
£22,902,000 |
|
Net
Assets |
£107,774,000 |
10.9% |
£97,178,000 |
7.7% |
£90,232,000 |
-0.2% |
£90,373,000 |
11.3% |
£81,180,000 |
Cash
Flow
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Net
Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net
Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net
Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase
in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date
Of Accounts |
31/01/15 |
(%) |
01/02/14 |
(%) |
02/02/13 |
(%) |
28/01/12 |
(%) |
29/01/11 |
|
Contingent
Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
YES |
|
Capital
Employed |
£108,952,000 |
10.6% |
£98,493,000 |
7.4% |
£91,726,000 |
-0.4% |
£92,092,000 |
11.6% |
£82,553,000 |
|
Number
of Employees |
1529 |
3.7% |
1475 |
-2.2% |
1508 |
-3% |
1555 |
-16.5% |
1863 |
|
Accountants |
|||||||||
|
Auditors |
KPMG
LLP |
||||||||
|
Auditor
Comments |
The
audit report contains no adverse comments |
||||||||
|
Bankers |
HSBC
BANK PLC |
||||||||
|
Bank
Branch Code |
|||||||||
Ratios
|
Date
Of Accounts |
31/01/15 |
01/02/14 |
02/02/13 |
28/01/12 |
29/01/11 |
|
Pre-tax
profit margin % |
5.71 |
4.07 |
4.07 |
5.39 |
5.54 |
|
Current
ratio |
6.02 |
5.30 |
3.73 |
4.37 |
3.96 |
|
Sales/Net
Working Capital |
2.48 |
2.70 |
3.16 |
3.19 |
3.78 |
|
Gearing
% |
1.10 |
1.40 |
1.70 |
1.90 |
1.70 |
|
Equity
in % |
84 |
82 |
75.20 |
78.80 |
78 |
|
Creditor
Days |
- |
- |
- |
- |
0.01 |
|
Debtor
Days |
1.84 |
4.19 |
2.60 |
2.62 |
2.10 |
|
Liquidity/Acid
Test |
2.72 |
1.96 |
1.36 |
1.45 |
1.02 |
|
Return
On Capital Employed % |
12.60 |
9.62 |
10.79 |
14.22 |
16.15 |
|
Return
On Total Assets Employed % |
10.70 |
7.99 |
8.25 |
11.41 |
12.81 |
|
Current
Debt Ratio |
0.17 |
0.20 |
0.31 |
0.25 |
0.26 |
|
Total
Debt Ratio |
0.19 |
0.21 |
0.32 |
0.26 |
0.28 |
|
Stock
Turnover Ratio % |
26.51 |
28.67 |
27.46 |
27.15 |
26.28 |
|
Return
on Net Assets Employed % |
12.74 |
9.75 |
10.97 |
14.49 |
16.43 |
REPORT
NOTES
|
There
are no notes to display. |
STATUS
HISTORY
|
No
Status History found |
*Event History
|
Date |
Description |
|
28/10/2015 |
New
Accounts Filed |
|
27/09/2015 |
Annual
Returns |
|
05/11/2014 |
New
Accounts Filed |
|
20/10/2014 |
Annual
Returns |
|
20/10/2014 |
Annual
Returns |
|
20/10/2014 |
Annual
Returns |
|
05/02/2014 |
Mr
M.P. Povall has left the board |
|
05/02/2014 |
New
Board Member Mr S.D. Carney appointed |
|
09/09/2013 |
Annual
Returns |
|
20/05/2013 |
New
Accounts Filed |
|
20/05/2013 |
New
Accounts Filed |
|
09/05/2013 |
Mr
K.C. Pratt has left the board |
|
09/05/2013 |
New
Board Member Mr M.P. Povall appointed |
|
25/01/2013 |
Change
in Reg.Office |
|
25/01/2013 |
Change
of Company Postcode |
PREVIOUS
COMPANY NAMES
|
No
Previous Names found |
WRIT
DETAILS
|
No
writs found |
Statistics
|
Group |
33
companies |
|
Linkages |
0
companies |
|
Countries |
In
0 countries |
Summary
|
Holding
Company |
SIGNET
TRADING LIMITED |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
SIGNET
JEWELERS LTD |
Group
Structure
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
N/A |
- |
- |
|
|
|
00477692 |
31.01.2015 |
N |
|
|
|
03769622 |
31.01.2015 |
N |
|
|
|
03769521 |
31.01.2015 |
N |
£11,198,000 |
|
|
07601223 |
31.01.2015 |
N |
£7,988,381 |
|
|
05860219 |
31.01.2015 |
N |
|
|
|
02238892 |
31.01.2015 |
N |
|
|
|
03769623 |
31.01.2015 |
N |
£3,335,000 |
|
|
03768979 |
01.02.2014 |
Y |
£433,435,000 |
|
|
01131608 |
31.01.2015 |
N |
£1,608,000 |
|
|
03768966 |
31.01.2015 |
N |
£206,652,000 |
|
|
00146570 |
31.01.2015 |
N |
£240,282,000 |
|
|
03768981 |
31.01.2015 |
N |
|
|
|
00512687 |
31.01.2015 |
N |
|
|
|
00629737 |
31.01.2015 |
N |
|
|
|
01361155 |
31.01.2015 |
N |
|
|
|
01569284 |
31.01.2015 |
N |
|
|
|
02005783 |
31.01.2015 |
N |
|
|
|
02068822 |
31.01.2015 |
N |
|
|
|
02108408 |
31.01.2015 |
N |
|
|
|
02246778 |
31.01.2015 |
N |
|
|
|
06647317 |
31.01.2015 |
N |
|
|
|
06685557 |
31.08.2015 |
N |
|
|
|
01375668 |
31.01.2015 |
N |
|
|
|
00468771 |
31.01.2015 |
N |
|
|
|
00550909 |
31.01.2015 |
N |
|
|
|
00278248 |
31.01.2015 |
N |
|
|
|
09002729 |
31.01.2015 |
N |
|
|
|
IE902912 |
31.01.2015 |
N |
|
|
|
N/A |
- |
- |
|
|
|
04607153 |
31.01.2015 |
N |
|
|
|
- |
- |
||
|
|
05012307 |
31.01.2015 |
N |
Mortgage
Details
|
Mortgage
Type: |
STANDARD
SECURITY WHICH WAS PRESENTED FOR REGISTRATION IN SCOTLAND ON 6TH MARCH1997 |
||
|
Date
Charge Created: |
03/03/97 |
||
|
Date
Charge Registered: |
20/03/97 |
||
|
Date
Charge Satisfied: |
28/01/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HSBC
INVESTMENT BANK PLC (AS TRUSTEE FOR THE THE BENFICIARIES) |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE CONSTITUTING THE
SECURED OBLIGATIONS IN TERMS OF A GUARANTEE AND DEBENTURE DATED 3RD MARCH
1997 |
||
|
Details: |
LEASE
DATED 4 AND 11 AND RECORDED IN THE DIVISION OF THE GENERAL REGISTER OF
SASINES APPLICABLE TO THE COUNTY OF MORAY ON 31 ALL DAYS OF OCTOBER 1963 OF
THE GROUND FLOOR SHOP AND BASEMENT BENEATH K/AAND FORMING NUMBER 128 HIGH
STREET ELGIN |
||
|
Mortgage
Type: |
CHARGE
AND MORTGAGE |
||
|
Date
Charge Created: |
03/03/97 |
||
|
Date
Charge Registered: |
19/03/97 |
||
|
Date
Charge Satisfied: |
28/01/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HSBC
INVESTMENT BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE (AS TRUSTEE FOR THE
BENEFICIARIES)UNDER OR PURSUANT TO THE FINANCE DOCUMENTS (INCLUDING THE
CHARGE AND MORTGAGE) |
||
|
Details: |
34
HENRY STREET, DUBLIN WITH ALL BUILDINGS FIXTURES (INCLUDING TRADE FIXTURES)
AND FIXED PLANT AND MACHINERY FROM TIME TO TIME THEREON SEE THE MORTGAGE
CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage
Type: |
GUARANTEE
AND DEBENTURE |
||
|
Date
Charge Created: |
03/03/97 |
||
|
Date
Charge Registered: |
14/03/97 |
||
|
Date
Charge Satisfied: |
28/01/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HSBC
INVESTMENT BANK PLC |
||
|
Amount
Secured: |
ALL
MONIES DUE OR TO BECOME DUE FROM EACH CHARGING COMPANY (AS DEFINED) TO THE
CHARGEE (AS TRUSTEE FOR THE BENEFICIARIES) UNDER OR PURSUANT TO THE FINANCE
DOCUMENTS (INCLUDING THE GUARANTEE AND DEBENTURE) |
||
|
Details: |
FIXED
CHARGES OVER PROPERTY ACCOUNTS INTELLECTUAL PROPERTY GOODWILL BOOK DEBTS
INVESTMENTS AND UNCALLED CAPITAL. FLOATING CHARGE OVER THE CHARGING COMPANY\S
UNDERTAKING AND ASSETS OTHER THAN ANY ASSETS FOR THE TIME BEING EFFECTIVELY
CHARGEBY WAY OF FIXED CHARGE SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL
DETAILS |
||
|
Mortgage
Type: |
COMPOSITE
GUARANTEE AND DEBENTURE |
||
|
Date
Charge Created: |
21/08/92 |
||
|
Date
Charge Registered: |
01/09/92 |
||
|
Date
Charge Satisfied: |
29/04/97 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
BARCLAYS
BANK PLC |
||
|
Amount
Secured: |
MONIES
NOW DUE, OR HEREFATER TO BECOME DUE, FROM THE COMPANY AND/OR OTHERS TO THE
CHARGEE AND COMPRISED IN THE "SECUREDOBLIGATIONS" (AS DEFINED IN THE
SAID MORTGAGE OR CHARGE) |
||
|
Details: |
SEE
DOC REF M98 FOR FULL DETAILS FIXED AND FLOATING CHARGES OVER THE UNDERTAKING
AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED
CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY |
||
|
Mortgage
Type: |
DEED
OF ASSURANCE |
||
|
Date
Charge Created: |
12/02/80 |
||
|
Date
Charge Registered: |
12/02/80 |
||
|
Date
Charge Satisfied: |
12/02/80 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
EAGLE
STAR INSURANCE COMPANY LIMITED |
||
|
Amount
Secured: |
FOR
SECURING 5 1/2% FIRST MORTGAGE DEBENTURE STOCK 1979/84 OF THE COMPANY
AMOUNTING TO £490,300 SECURED BY A TRUST DEEED DATED, 9 SEPTEMBER 1959 AND DEEDS
SUPPLEMENTAL THERETO. |
||
|
Details: |
F/H
LAND FORMING PART OF 3 WESTGATESTRET,IPSWICH, SUFOLK, TOGETHER WITH
ALLBUILDINGS ERECTIONS,FIXTURES(INCLUDINGTRADE FIXTURES) AND FITTINGS (IF
ANY)THEREON. |
||
|
Mortgage
Type: |
DISPOSITION
SUPPLEMENTAL TO A TRUST DEED |
||
|
Date
Charge Created: |
28/04/65 |
||
|
Date
Charge Registered: |
26/05/65 |
||
|
Date
Charge Satisfied: |
26/05/65 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
EAGLE
STAR INSURANCE CO LTD |
||
|
Amount
Secured: |
£1000,000
DEBENTURE STOCK. |
||
|
Details: |
24
PRINCES STREET, EDINBURGH WITH FIXTURES (INCLUDING TRADE FIXTURES) |
||
|
Mortgage
Type: |
DISPOSITION
SUPPLEMENTAL TO A TRUST DEED |
||
|
Date
Charge Created: |
28/04/65 |
||
|
Date
Charge Registered: |
26/05/65 |
||
|
Date
Charge Satisfied: |
10/04/92 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
EAGLE
STAR INSURANCE CO LTD |
||
|
Amount
Secured: |
£1000,000
DEBENTURE STOCK. |
||
|
Details: |
55
UNION STREET AND 3 ADELPHI, ABERDEENWITH FIXTURES (INCLUDING TRADE FIXTURES) |
||
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
Anthony
Leonard Gurney |
16 |
68 |
|
Masarrat
Hussain |
4 |
52 |
|
John
Eifion Hughes |
5 |
9 |
|
John
Royall Hartwright |
0 |
1 |
|
Timothy
Odwyer |
0 |
1 |
|
Colin
Shewring |
0 |
1 |
|
Michael
John Allchin |
0 |
5 |
|
Ian
Williams |
4 |
1 |
|
Walker
Gordon Boyd |
32 |
32 |
|
Simon
Lee Cashman |
27 |
27 |
|
Charles
Anthony Latter |
1 |
1 |
|
Paul
Edward Reade Fellows |
1 |
1 |
|
Gerald
Irving Ratner |
6 |
47 |
|
Sarah
Margaret Shaw |
10 |
174 |
|
Timothy
John Jackson |
1 |
19 |
|
Michael
Trevredyn Hoath |
2 |
1 |
|
Gary
Obrien |
15 |
59 |
|
Andrew
Maxwell Coppel |
0 |
1 |
|
Terence
Jordan |
0 |
1 |
|
Laurence
Cooklin |
0 |
15 |
|
Kenneth
Charles Pratt |
0 |
43 |
|
Michael
Phillip Povall |
0 |
6 |
|
Average
Invoice Value |
Ł5941.31 |
|
|
Invoices
available |
73 |
|
|
Paid |
53 |
|
|
Outstanding |
20 |
|
|
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 |
3 |
42 |
3 |
0 |
5 |
|
Outstanding |
0 |
0 |
0 |
0 |
20 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.04 |
|
|
1 |
Rs.99.58 |
|
Euro |
1 |
Rs.71.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.