MIRA INFORM REPORT

 

 

Report No. :

340485

Report Date :

12.09.2015

 

IDENTIFICATION DETAILS

 

Name :

HARRY YEARSLEY LIMITED

 

 

Registered Office :

Hareshill Roadheywoodlancashireol10 2tp

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.03.2013

 

 

Date of Incorporation :

04.11.1955

 

 

Com. Reg. No.:

00556895

 

 

Legal Form :

Private Limited With Share Capital

 

 

Line of Business :

Wholesale of Fruit and Vegetables

 

 

No. of Employee :

1067

 

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 :

No complaints

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

 

Company Name:                       HARRY YEARSLEY LIMITED

Company No:                            00556895

Company Status:                      Active - Accounts Filed

Registered Address:                  HARESHILL ROADHEYWOODLANCASHIREOL10 2TP

 

 

Company Summary

 

Registered Address

HARESHILL ROAD
HEYWOOD
LANCASHIRE
OL10 2TP

 

Trading Address

Hareshill Road
Heywood
Lancashire
OL10 2TP

Website Address

http://www.yearsley.co.uk

 

Telephone Number        01706694680

Fax Number                  01706694605

TPS                              No

FPS                              Yes

Incorporation Date         04/11/1955

 

Type                             Private limited with Share Capital

 

 

FTSE Index                   -

Date of Change             -

Filing Date of Accounts 19/12/2014

Currency                       GBP

Share Capital                £100,556

SIC07                           46310

Charity Number             -

SIC07 Description         WHOLESALE OF FRUIT AND VEGETABLES

Principal Activity           A group engaged in cold storage, distribution and wholesale of frozen foods.

 

 

 

Key Financials

 

Year to Date     Turnover          Pre Tax Profit   Shareholder     Funds Employees

29/03/2014        £172,063,365     £3,957,342        £25,922,164      1067

31/03/2013        £155,878,617     £4,605,420        £22,055,769      1028

31/03/2012        £143,629,286     £3,220,486        £34,184,589      1048

 

 

Mortgage Summary

 

Total Mortgage              16

Outstanding                  7

Satisfied                       9

 

 

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 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 high 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

6

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

8

 

 

Current Directors

 

Name

John Leonard Yearsley

Date of Birth

26/11/1946

Officers Title

Mr

Nationality

British

Present Appointments

5

Function

Director

Appointment Date

27/03/1999

Address

Hareshill Road, Heywood, Lancashire, OL10 2TP

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Harry Edwin Yearsley

Date of Birth

20/07/1966

Officers Title

Mr

Nationality

British

Present Appointments

14

Function

Director

Appointment Date

01/11/1997

Address

Hareshill Road, Heywood, Lancashire, OL10 2TP

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Jonathan Carl Baker

Date of Birth

16/11/1965

Officers Title

Mr

Nationality

British

Present Appointments

6

Function

Director

Appointment Date

01/10/2000

Address

21 Woodtop Avenue, Bamford, Rochdale, Lancashire, OL11 4BD

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Philip John Whitworth

Date of Birth

10/11/1962

Officers Title

Mr

Nationality

British

Present Appointments

25

Function

Director

Appointment Date

01/04/2003

Address

5 Springbank Lane, Bamford, Rochdale, Lancashire, OL11 5SE

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Ian David King

Date of Birth

01/10/1968

Officers Title

Mr

Nationality

British

Present Appointments

4

Function

Director

Appointment Date

01/04/2003

Address

Hareshill Road, Heywood, Lancashire, OL10 2TP

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Name

Timothy Moran

Date of Birth

21/02/1974

Officers Title

Mr

Nationality

British

Present Appointments

1

Function

Director

Appointment Date

01/04/2007

Address

15 Further Field, Rochdale, Lancashire, OL11 5PJ

Other Actions

View Director Report

View Consumer Report

View AML Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

 

Current Company Secretary

 

Name

Philip John Whitworth

Date of Birth

10/11/1962

Officers Title

Mr

Nationality

British

Present Appointments

25

Function

Company Secretary

Appointment Date

01/04/2003

Address

Hareshill Road, Heywood, Lancashire, OL10 2TP

Other Actions

View Consumer Report

View Trace Report

Disqualified

Disqualified End Date

Disqualification Exception

No

 

Top 20 Shareholders

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

YEARSLEY GROUP LTD

GBP

90,500

ORDINARY A

1

90

THE YEARSLEY MANAGEMENT COMPANY LTD

GBP

10,056

ORDINARY B

1

10

 

 

Financials

 

Profit & Loss

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Weeks

52

(%)

52

(%)

52

(%)

53

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

Y

(%)

Y

(%)

Y

(%)

Y

(%)

Y

Turnover

£172,063,365

10.4%

£155,878,617

8.5%

£143,629,286

17.8%

£121,974,587

-3.9%

£126,873,814

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

£115,168,412

12.4%

£102,492,740

7.9%

£94,967,551

29.5%

£73,308,479

1.2%

£72,425,788

Gross Profit

£56,894,953

6.6%

£53,385,877

9.7%

£48,661,735

0%

£48,666,108

-10.6%

£54,448,026

Wages & Salaries

£21,875,801

-24.8%

£29,096,903

3.3%

£28,172,837

-9.2%

£31,022,216

-8%

£33,713,129

Directors Emoluments

£269,960

-28.8%

£379,366

-11.6%

£429,130

-59.2%

£1,051,148

-61.7%

£2,743,902

Operating Profit

£4,647,969

-31.3%

£6,760,933

41.9%

£4,765,992

23.4%

£3,860,947

-42.1%

£6,667,899

Depreciation

£3,110,857

-40.2%

£5,198,916

-10.6%

£5,818,372

-7.9%

£6,317,042

-1.3%

£6,401,821

Audit Fees

£32,500

18.2%

£27,500

-42.1%

£47,500

-15.2%

£56,000

24.4%

£45,000

Interest Payments

£764,415

-74.8%

£3,038,792

85.2%

£1,640,565

-3.8%

£1,705,404

9.7%

£1,554,998

Pre Tax Profit

£3,957,342

-14.1%

£4,605,420

43%

£3,220,486

42.8%

£2,255,812

-57.2%

£5,264,644

Taxation

-£1,001,038

-122.4%

£4,471,175

324.9%

-£1,988,170

-76.5%

-£1,126,599

66.3%

-£3,338,605

Profit After Tax

£2,956,304

-67.4%

£9,076,595

636.5%

£1,232,316

9.1%

£1,129,213

-41.4%

£1,926,039

Dividends Payable

-

-

-

-100%

£450,000

-

-

-

-

Retained Profit

£2,956,304

-67.4%

£9,076,595

999.9%

£780,723

-30.8%

£1,128,233

-41.3%

£1,920,467

Balance Sheet

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Tangible Assets

£29,202,146

-5.2%

£30,809,383

-47.7%

£58,925,586

-4.1%

£61,426,943

-9.3%

£67,762,539

Intangible Assets

0

-100%

£270,846

-56.2%

£618,150

-36%

£965,454

-

0

Total Fixed Assets

£29,202,146

-6%

£31,080,229

-47.8%

£59,543,736

-4.6%

£62,392,397

-7.9%

£67,762,539

Stock

£15,772,525

12.1%

£14,071,497

26.5%

£11,120,773

56.5%

£7,107,706

99.3%

£3,566,669

Trade Debtors

£28,426,106

10.5%

£25,731,788

10.5%

£23,285,628

5%

£22,175,152

6.5%

£20,814,741

Cash

£324,374

-17%

£390,951

-86.3%

£2,858,819

-17.4%

£3,460,632

55.6%

£2,224,509

Other Debtors

£5,477,270

-2.3%

£5,606,823

-48.5%

£10,897,512

-18.7%

£13,396,786

97%

£6,799,166

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£50,000,275

9.2%

£45,801,059

-4.9%

£48,162,732

4.4%

£46,140,276

38.1%

£33,405,085

Trade Creditors

£19,485,939

-10.2%

£21,711,090

37.6%

£15,780,735

-6.5%

£16,868,967

64.7%

£10,240,190

Bank Loans & Overdrafts

£14,264,750

999.9%

£779,907

357.1%

£170,635

-82.7%

£983,943

-23.7%

£1,289,917

Other Short Term Finance

£4,992,518

-72.5%

£18,131,610

102.3%

£8,961,473

19.8%

£7,482,893

-30.1%

£10,700,543

Miscellaneous Current Liabilities

£8,613,924

-26.7%

£11,752,912

-36.6%

£18,533,090

4.4%

£17,760,085

57.6%

£11,272,001

Total Current Liabilities

£47,357,131

-9.6%

£52,375,519

20.6%

£43,445,933

0.8%

£43,095,888

28.6%

£33,502,651

Bank Loans & Overdrafts and LTL

£20,187,876

525%

£3,229,907

-89.3%

£30,246,581

-8.3%

£32,973,061

-10%

£36,616,394

Other Long Term Finance

0

-

0

-100%

£18,930,292

-2.4%

£19,403,887

-0.2%

£19,435,837

Total Long Term Liabilities

£5,923,126

141.8%

£2,450,000

-91.9%

£30,075,946

-6%

£31,989,118

-9.4%

£35,326,477

.

Capital & Reserves

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Called Up Share Capital

£100,556

11.1%

£90,500

-

£90,500

-

£90,500

-

£90,500

P & L Account Reserve

£24,921,573

13.5%

£21,965,269

-34%

£33,299,589

2.4%

£32,531,667

3.6%

£31,391,496

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

£900,035

-

-

-100%

£794,500

-3.8%

£825,500

-3.6%

£856,500

Shareholder Funds

£25,922,164

17.5%

£22,055,769

-35.5%

£34,184,589

2.2%

£33,447,667

3.4%

£32,338,496

Other Financial Items

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Net Worth

£25,922,164

19%

£21,784,923

-35.1%

£33,566,439

3.3%

£32,482,213

0.4%

£32,338,496

Working Capital

£2,643,144

140.2%

-£6,574,460

-239.4%

£4,716,799

54.9%

£3,044,388

999.9%

-£97,566

Total Assets

£79,202,421

3%

£76,881,288

-28.6%

£107,706,468

-0.8%

£108,532,673

7.3%

£101,167,624

Total Liabilities

£53,280,257

-2.8%

£54,825,519

-25.4%

£73,521,879

-2.1%

£75,085,006

9.1%

£68,829,128

Net Assets

£25,922,164

17.5%

£22,055,769

-35.5%

£34,184,589

2.2%

£33,447,667

3.4%

£32,338,496

Cash Flow

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Net Cashflow from Operations

£1,071,064

-94.2%

£18,596,443

88.7%

£9,857,039

-21.2%

£12,509,411

15.4%

£10,843,581

Net Cashflow before Financing

-£2,843,190

70%

-£9,476,353

-999.9%

£606,510

-91.8%

£7,391,697

464.9%

£1,308,564

Net Cashflow from Financing

-£667,100

-106.6%

£10,038,227

999.9%

-£395,015

93.2%

-£5,849,600

-86.2%

-£3,142,345

Increase in Cash

-£3,510,290

-724.7%

£561,874

165.7%

£211,495

-86.3%

£1,542,097

184.1%

-£1,833,781

Miscellaneous

Date Of Accounts

29/03/14

(%)

31/03/13

(%)

31/03/12

(%)

02/04/11

(%)

27/03/10

Contingent Liability

NO

-

NO

-

NO

-

NO

-

NO

Capital Employed

£31,845,290

30%

£24,505,769

-61.9%

£64,260,535

-1.8%

£65,436,785

-3.3%

£67,664,973

Number of Employees

1067

3.8%

1028

-1.9%

1048

-3.2%

1083

-9.4%

1195

Accountants

Auditors

PRICEWATERHOUSECOOPERS LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

THE ROYAL BANK OF SCOTLAND PLC

Bank Branch Code

16-00-03

Ratios

Date Of Accounts

29/03/14

31/03/13

31/03/12

02/04/11

27/03/10

Pre-tax profit margin %

2.30

2.95

2.24

1.85

4.15

Current ratio

1.06

0.87

1.11

1.07

1

Sales/Net Working Capital

65.10

-23.71

30.45

40.07

-1300.39

Gearing %

77.90

14.60

88.50

98.60

113.20

Equity in %

32.70

28.80

31.90

31.10

32

Creditor Days

41.22

50.69

39.99

51.30

29.37

Debtor Days

60.13

60.08

59.01

67.44

59.71

Liquidity/Acid Test

0.72

0.60

0.85

0.90

0.89

Return On Capital Employed %

12.42

18.79

5.01

3.44

7.78

Return On Total Assets Employed %

4.99

5.99

2.99

2.07

5.20

Current Debt Ratio

1.82

2.37

1.27

1.28

1.03

Total Debt Ratio

2.05

2.48

2.15

2.24

2.12

Stock Turnover Ratio %

9.16

9.02

7.74

5.82

2.81

Return on Net Assets Employed %

15.26

20.88

9.42

6.74

16.27

 

 

Report Notes

 

Status History

No Status History found

 

Event History View Documents

Date

Description

09/01/2015

New Accounts Filed

09/01/2015

New Accounts Filed

05/11/2014

Annual Returns

06/01/2014

New Accounts Filed

20/11/2013

Annual Returns

09/09/2013

Mr M. Haslam has left the board

14/11/2012

Annual Returns

26/10/2012

New Accounts Filed

11/05/2012

New Board Member Mr M. Haslam appointed

12/01/2012

New Accounts Filed

12/01/2012

New Accounts Filed

21/11/2011

Annual Returns

19/05/2011

Mr A.E. Yearsley has left the board

10/01/2011

New Accounts Filed

10/01/2011

New Accounts Filed

 

Previous Company Names

No Previous Names found

 

Writ Details

No writs found

 

Statistics

Group

9 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Summary

 Holding Company

-

Ownership Status

Intermediately Owned

Ultimate Holding Company

YEARSLEY GROUP LTD

 

 

Group Structure Full

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

YEARSLEY GROUP LTD

 

N/A

-

-

HARRY YEARSLEY LIMITED

 

00556895

29.03.2014

Y

£172,063,365

ICE-PAK SEAFOOD SPEC...

 

01883262

31.03.2014

N

ICE PAK INTERNATIO...

 

03234894

31.03.2014

N

SNOW CITY FOODS LIMITED

 

03405750

31.03.2014

N

BELFIELD FARM LIMITED

 

03406182

31.03.2014

N

YEARSLEY CS LIMITED

 

05747265

31.03.2014

N

YEARSLEY IS LIMITED

 

06633088

31.03.2014

N

BELFIELD HALL DEVELO...

 

03410857

31.03.2014

N

£64,360



Statistics

Group

9 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Mortgage Details

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

21/09/12

Date Charge Registered:

29/09/12

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

Amount Secured:

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

Details:

ALL LEGAL INTEREST IN THE L/H LAND K/A THE LAND AND BUILDINGS AT HAMS HALL DISTRIBUTION PARK COLESHILL WARWICKSHIRE T/NO WK373089 BY WAY OF FIXED CHARGE ANY OTHER INTEREST IN THE PROPERTY, ALL RENTS RECEIVABLE FROM ANY LEASE, ALL GOODWILL,THE PROCEEDS OF ANY INSURANCE, ALL FIXTURES AND FITTINGS NOTFORMING PART OF THE PROPERTY, ALL PLANT AND MACHINERY, ALLFURNITURE EQUIPMENT TOOLS AND OTHER GOODSKEPT AT THE PROPERTY

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

08/09/10

Date Charge Registered:

15/09/10

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

Amount Secured:

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

Details:

ROCHDALE COLDSTORE, ALBERT ROYDS STREET, ROCHDALE, LANCASHIRE T/NO GM26966, GM199493 AND GM181522 BYWAY OF FIXED CHARGE, THE BENEFIT OF ALL COVENANTS & RIGHTSCONCERNING THE PROPERTY & ALL PLANT MACHINERY, FIXTURES, FITTINGS, FURNITURE, EQUIPMENT, IMPLEMENTS & UTENSILS. THE GOODWILL OF ANY BUSINESSCARRIED ON AT THE PROPERTY & THE PROCEEDS OF ANY INSURANCEAFFECTING THE PROPERTY OR ASSETS

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

08/09/10

Date Charge Registered:

15/09/10

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

Amount Secured:

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

Details:

HEYWOOD COLDSTORE HARESHILL ROAD, HEYWOOD, LANCASHIRE T/NO GM798740 BY WAY OF FIXED CHARGE, THE BENEFIT OF ALL COVENANTS & RIGHTS CONCERNING THE PROPERTY & ALLPLANT MACHINERY, FIXTURES, FITTINGS, FURNITURE, EQUIPMENT, IMPLEMENTS & UTENSILS. THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY & THE PROCEEDS OF ANYINSURANCE AFFECTING THE PROPERTY OR ASSETS

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

11/12/09

Date Charge Registered:

23/12/09

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

LAND ON THE SOUTH WEST SIDE OF GORSEY LANE, COLESHILL T/N WK294687 BY WAY OF FIXED CHARGE ANY OTHERINTEREST IN THE PROPERTY, ALL RENTS RECEIVABLE & ALL PLANT MACHINERY FIXTURES FITTINGS FURNITURE EQUIPMENT IMPLEMENTS & UTENSILS. THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY & THE PROCEEDS OF ANY INSURANCE AFFECTING THE PROPERTY OR ASSETS.

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

11/12/09

Date Charge Registered:

23/12/09

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

PLOT 2 ADMIRALTY WAY, FOX COVER ENTERPRISE PARK, DAWDON, SEAHAM T/N DU267489 BYWAY OF FIXED CHARGE ANY OTHER INTEREST IN THE PROPERTY, ALL RENTS RECEIVABLE & ALL PLANT MACHINERY FIXTURES FITTINGS FURNITURE EQUIPMENT IMPLEMENTS & UTENSILS. THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY & THEPROCEEDS OF ANY INSURANCE AFFECTING THE PROPERTY OR ASSETS.

Mortgage Type:

DEBENTURE

Date Charge Created:

30/10/08

Date Charge Registered:

31/10/08

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

RBS INVOICE FINANCE LIMITED

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 THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY SEE IMAGEFOR FULL DETAILS

 

Mortgage Type:

DEBENTURE

Date Charge Created:

04/09/06

Date Charge Registered:

07/09/06

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

THE ROYAL BANK OF SCOTLAND PLC

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

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

09/11/04

Date Charge Registered:

11/11/04

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Amount Secured:

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

Details:

L/H LAND AND BUILDINGS BEING SITE NUMBER BC2145/2 FOX COVER ENTERPRISE PARK, COUNTY DURHAM T/NO DU267489

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

26/10/04

Date Charge Registered:

05/11/04

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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:

PROPERTY PLOT 2 ADMIRALTY WAY FOX COVERENTERPRISE PARK DAWDON SEAHAM DURHAM T/N DU267489

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

04/10/00

Date Charge Registered:

06/10/00

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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 AND BUILDINGS ON THE NORTH EAST SIDE OF HARESHILL ROAD HEYWOOD ROCHDALE GREATER MANCHESTERT/NO.GM798740

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

07/08/00

Date Charge Registered:

09/08/00

Date Charge Satisfied:

11/08/10

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Amount Secured:

Details:

F/H LAND AND BUILDINGS ON THE NORTH EAST SIDE OF HARESHILL ROAD HEYWOOD LANCASHIRE T/N GM798740

Mortgage Type:

DEBENTURE

Date Charge Created:

22/09/98

Date Charge Registered:

29/09/98

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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:

. 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:

LEGAL CHARGE

Date Charge Created:

29/09/86

Date Charge Registered:

06/10/86

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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:

LAND ADJOINING CORSEY LANE, COLESHILL, WARWICKSHIRE TITLE NO. WK 294687

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

26/06/80

Date Charge Registered:

04/07/80

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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 LYING TO THE N.W. OF ST. ANN\SROAD, BELFIELD, ROCHDALE, GREATER MANCHESTER. TITLE NO. GM 199493

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

24/09/79

Date Charge Registered:

28/09/79

Date Charge Satisfied:

24/11/06

Status:

SATISFIED

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:

CLAYTON FARM, BELFIELD, ROCHDALE GREATER MANCHESTER TITLE NO. G.M. 181522

Mortgage Type:

DEBENTURE

Date Charge Created:

13/04/78

Date Charge Registered:

21/04/78

Date Charge Satisfied:

25/05/96

Status:

SATISFIED

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:

FIXED & FLOATING CHARGE ON THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDINGGOODWILL, BOOKDEBTSUNCALLED CAPITAL. WITH ALL FIXTURES PLANT & MACHINEY. (SEE DOC. M42 FOR DETAILS)

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

Ian Shinton

0

1

John Leonard Yearsley

5

4

Peter Yearsley

4

1

Roger Yearsley

0

1

Isabella May Yearsley

0

1

Brian Tomkinson

0

1

Anthony Edward Yearsley

0

1

Mark Peter Haslam

1

3

Average Invoice Value

Ł1261.13

Invoices available

2978

Paid

2791

Outstanding

187

 

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

1562

857

188

72

112

Outstanding

65

116

5

1

0

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.39

UK Pound

1

Rs.102.59

Euro

1

Rs.74.90

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

SDA

 

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.