MIRA INFORM REPORT

Report No. :	340246
Report Date :	05.09.2015

IDENTIFICATION DETAILS

Name :	COMPLETE PARTS LIMITED

Formerly Known As :	VANBORLAND LIMITED

Registered Office :	3 The Archway, Radford Road, Alvechurch B48 7ld

Country :	United Kingdom

Financials (as on) :	31.12.2014

Date of Incorporation :	30.04.1985

Com. Reg. No.:	01909947

Legal Form :	Private Limited With Share Capital

Line of Business :	Dormant Company

No. of Employees :	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 :	Dormant Company
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 summary

Registered Address

3 The Archway
Radford Road
Alvechurch
B48 7ld

Trading Address

3 The Archway
Radford Road
Alvechurch
Birmingham, West Midlands
B48 7LD

Unit 69, Gravelly Industrial Park, Birmingham, West Midlands, B24 8TQ

Tel No.: 0121 3228946

Website Address

http://www.halvex.com

Company Number

01909947

TPS

FPS

Incorporation Date

30/04/1985

FTSE Index

Previous Name

VANBORLAND LIMITED

Type

Private limited with Share Capital

Date of Change

17/06/1985

Filing Date of Accounts

08/06/2015

Currency

GBP

Share Capital

£100

SIC07

99999

Charity Number

SIC07 Description

Dormant Company

Key financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31/12/2014	-	-	£843,000	-
31/12/2013	-	-	£843,000	-
31/12/2012	-	-	£843,000	-

Mortgage summary

Total Mortgage 3

Outstanding 0

Satisfied 3

Trade debtors / bad debt summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

No comments to display

Current directors

Name	David Thomas Bessant	Date of Birth	23/05/1971
Officers Title	Mr	Nationality	British
Present Appointments	102	Function	Director
Appointment Date	17/12/2009
Address	3 The Archway, Radford Road, Alvechurch, B48 7LD

Name	David John Woolley	Date of Birth	01/05/1962
Officers Title	Mr	Nationality	British
Present Appointments	10	Function	Director
Appointment Date	01/09/2011
Address	3 The Archway, Radford Road, Alvechurch, B48 7LD

Current Company Secretary

Name	David Thomas Bessant	Date of Birth	-
Officers Title	Mr	Nationality
Present Appointments	1	Function	Company Secretary
Appointment Date	17/12/2009
Address	3 The Archway, Radford Road, Alvechurch, B48 7LD

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
CONCENTRIC BIRMINGHAM LTD	GBP	99	ORDINARY	1	99
MR ANTHONY CHRISTOPHER FIRTH & MR ROGER FREDERICK MILES	GBP	1	ORDINARY	1	1

Profit & loss

Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	-	-	-	-	-	-	-	-	-
Export	-	-	-	-	-	-	-	-	-
Cost of Sales	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Wages & Salaries	-	-	-	-	-	-	-	-	-
Directors Emoluments	-	-	-	-	-	-	-	-	-
Operating Profit	-	-	-	-	-	-	-	-	-
Depreciation	-	-	-	-	-	-	-	-	-
Audit Fees	-	-	-	-	-	-	-	-	-
Interest Payments	-	-	-	-	-	-	-	-	-
Pre Tax Profit	-	-	-	-	-	-	-	-	-
Taxation	-	-	-	-	-	-	-	-	-
Profit After Tax	-	-	-	-	-	-	-	-	-
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	-	-	-	-	-	-	-	-	-

Balance sheet

Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Tangible Assets	0	-	0	-	0	-	0	-	0
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	0	-	0	-	0	-	0	-	0
Stock	0	-	0	-	0	-	0	-	0
Trade Debtors	£843,000	-	£843,000	-	£843,000	-	0	-	0
Cash	0	-	0	-	0	-	0	-	0
Other Debtors	0	-	0	-	0	-	0	-	0
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£843,000	-	£843,000	-	£843,000	-	0	-	0
Trade Creditors	0	-	0	-	0	-	0	-	0
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	0	-	0	-	0	-	0	-	0
Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
Total Current Liabilities	0	-	0	-	0	-	0	-	0
Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital reserves

Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Called Up Share Capital	£100	-	£100	-	£100	-	-	-	-
P & L Account Reserve	£842,900	-	£842,900	-	£842,900	-	-	-	-
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£843,000	-	£843,000	-	£843,000	-	-	-	-

Other financials items

Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Net Worth	£843,000	-	£843,000	-	£843,000	-	-	-	-
Working Capital	£843,000	-	£843,000	-	£843,000	-	-	-	-
Total Assets	£843,000	-	£843,000	-	£843,000	-	-	-	-
Total Liabilities	-	-	-	-	-	-	-	-	-
Net Assets	£843,000	-	£843,000	-	£843,000	-	-	-	-

Miscellaneous

Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
Capital Employed	£843,000	-	£843,000	-	£843,000	-	-	-	-
Number of Employees	-	-	-	-	-	-	-	-	-
Accountants
Auditors
Auditor Comments	The company is exempt from audit
Bankers
Bank Branch Code

Ratio

Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
Pre-tax profit margin %	-	-	-	-	-
Current ratio	-	-	-	-	-
Sales/Net Working Capital	-	-	-	-	-
Gearing %	0	0	0	0	0
Equity in %	100	100	100	-	-
Creditor Days	-	-	-	-	-
Debtor Days	-	-	-	-	-
Liquidity/Acid Test	-	-	-	-	-
Return On Capital Employed %	-	-	-	-	-
Return On Total Assets Employed %	-	-	-	-	-
Current Debt Ratio	-	-	-	-	-
Total Debt Ratio	-	-	-	-	-
Stock Turnover Ratio %	-	-	-	-	-
Return on Net Assets Employed %	-	-	-	-	-

Report notes

There are no notes to display.

Status history

No status history found

Even history

Date	Description
10/06/2015	New Accounts Filed
03/01/2015	Annual Returns
03/10/2014	New Accounts Filed
11/01/2014	Annual Returns
04/10/2013	New Accounts Filed
03/01/2013	Annual Returns
11/10/2012	New Accounts Filed
03/01/2012	Annual Returns
14/10/2011	New Accounts Filed
05/09/2011	Mr S. Johansson has left the board
05/09/2011	Mr I.R. Dugan has left the board
05/09/2011	New Board Member Mr D.J. Woolley appointed
30/12/2010	Annual Returns
08/09/2010	New Accounts Filed
28/01/2010	Annual Returns

Previous Company Names

Date	Previous Name
17/06/1985	VANBORLAND LIMITED

Writ Details

No writs found

Summary

Holding Company	CONCENTRIC BIRMINGHAM LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	CONCENTRIC AB

Group structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
CONCENTRIC AB	5568284995	31.12.2014	Y	28,000 KSEK
CONCENTRIC AMERICAS INC	N/A	-	-
CONCENTRIC US FINANC...	08349786	31.12.2014	N
CONCENTRIC PUMPS PLC	03870488	31.12.2014	N
CONCENTRIC BIRMINGHA...	00671254	31.12.2013	N	£38,093,000
COMPLETE PARTS LIM...	01909947	31.12.2014	N
CONCENTRIC ENGINEE...	00569008	31.12.2014	N
CONCENTRIC OVERSEAS...	01243259	31.12.2014	N
LANDON KINGSWAY LI...	01909948	31.12.2014	N
CONCENTRIC TIPTON LI...	03404056	31.12.2014	N
CONCENTRIC VFP LIMITED	05652511	31.12.2014	N
CONCENTRIC US FINANCE...	08350012	31.12.2014	N

Mortgage details

Mortgage Type:	COMPOSITE GUARANTEE AND DEBENTURE (AS DEFINED)
Date Charge Created:	28/03/00
Date Charge Registered:	13/04/00
Date Charge Satisfied:	25/07/08
Status:	SATISFIED
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND PLC,AS TRUSTEE ON BEHALF OF ITSELF,THE BANKS AND FINANCIALINSTITUTIO
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER OR PURSUANT TO VARIOUS AGREEMENTS (AS DEFINED),ANY OTHER DOCUMENTS AND THIS DEBENTURE
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:	SUPPLEMENTAL DEBENTURE
Date Charge Created:	22/01/99
Date Charge Registered:	02/02/99
Date Charge Satisfied:	25/07/08
Status:	SATISFIED
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND PLC
Amount Secured:	AND VARYING THE TERMS OF THE COMPOSITE GUARANTEE AND DEBENTURE DATED 14TH OCTOBER 1998
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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	COMPOSITE GUARANTEE AND DEBENTURE
Date Charge Created:	14/10/98
Date Charge Registered:	02/11/98
Date Charge Satisfied:	25/07/08
Status:	SATISFIED
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND PLC
Amount Secured:	ALL MONEYS OBLIGATIONS AND LIABILITIES DUE OR TO BECOME DUE FROM THE COMPANY TOTHE CHARGEE AS SECURITY TRUSTEE FOR THESECURED PARTIES (AS DEFINED) OR ANY OF THEM INCLUDING WITHOUT LIMITATION ALL MONEYS OBLIGATIONS AND LIABILITIES DUE UNDER OR PURSUANT TO THE SECURED DOCUMENTS (AS DEFINED)
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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
David John Woolley	1	4
Roger Frederick Miles	0	32
Ronald Hickman	6	22
Robin Charles Drury	0	4
John Towers	7	55
Anthony Christopher Firth	0	25
Robert Walter Mitchell	27	42
Robert Walter Mitchell	27	42
Robert Michael Bruce	0	26
Edward John Riley	2	37
Edward John Riley	2	37
Graham Donald Kirk	0	1
Ian Robert Dugan	0	17
John Graham Tookey	7	4
Stefan Johansson	1	8

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.40
UK Pound	1	Rs.101.19
Euro	1	Rs.73.89

INFORMATION DETAILS

Analysis Done by :	KAR

Report Prepared by :	TPT

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.

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