MIRA INFORM REPORT

Report No. :	502265
Report Date :	09.04.2018

IDENTIFICATION DETAILS

Name :	NIKTANYA INTERNATIONAL LIMITED
Registered Office :	1 & 2 Studley Court Mews Studley Court, Guildford Road Woking Gu24 8eb
Country :	United Kingdom
Financials (as on) :	30.04.2017
Date of Incorporation :	03.03.2005
Com. Reg. No.:	05382251
Legal Form :	Private limited with Share Capital
Line of Business :	Service activities n.e.c.
No. of Employees :	1

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

C

Credit Rating	Explanation	Rating Comments
C	Medium High Risk	Business dealings permissible preferably on secured basis

Status :	Moderate
Payment Behaviour :	Slow
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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
United Kingdom	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	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; 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 the UK’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 then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

Source : CIA

Company Name AND Address

Company Name: NIKTANYA INTERNATIONAL LIMITED

Company No: 05382251

Registered Address: 1 & 2 STUDLEY COURT MEWS STUDLEY COURT,

GUILDFORD ROAD WOKING GU24 8EB

Company Summary

Registered Address 1 & 2 STUDLEY COURT MEWS
STUDLEY COURT, GUILDFORD ROAD
WOKING
GU24 8EB

Trading Address 1 & 2 Studley Court Mews
Studley Court, Guildford Road
Woking
Surrey GU24 8EB
GU24 8EB

Website Address -

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 03/03/2005

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 15/11/2017

Currency GBP

Share Capital £2

SIC07 96090

Charity Number -

SIC07 Description OTHER SERVICE ACTIVITIES N.E.C.

Principal Activity

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant THB LLP

Mortgages 2

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees

30/04/2017 £29,107,020 £52,700 £452,422 1

30/04/2016 £8,480,701 £28,408 £410,219 -

30/04/2015 - - £137,493 -

Mortgage Summary

Total Mortgage 2

Outstanding 1

Satisfied 1

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

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's bank loans and overdrafts (less cash) account for a high percentage of short term liabilities.

This company trades in an industry with a higher 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 -	-

Back to Top

Show More

Total Current Directors	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	4	Total Person's With Significant Control	2

Current Directors

Title	Mr	Function	Director
Name	Sanjiv Khanna	Nationality	Indian
Date of Birth	08/1962	Present Appointments	1
Latest Address	501 Eassa Hussain Ali Yousaf, Al Majaz Adea, Sharjah	Appointment Date	03/03/2005
Post Code
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Pietro Intranova	Nationality	British
Date of Birth	06/1965	Present Appointments	1
Latest Address	28 Kings Drive, Surbiton, Surrey	Appointment Date	18/09/2009
Post Code	KT5 8NG
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Ann Fletcher	Nationality	British
Date of Birth	-	Present Appointments	1
Latest Address	Cobbs Hoppers Oast,hatch Lane, Chartham Hatch, Canterbury, Kent	Appointment Date	03/03/2005
Post Code	CT4 7LP
Other Actions		View Consumer Report	View Trace Report
	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
PIETRO INTRANOVA	GBP	1	ORDINARY	1	50
SANJIV KHANNA	GBP	1	ORDINARY	1	50
	1

FINNACILES

Profit & Loss

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£29,107,020	243.2%	£8,480,701	-	-	-	-	-	-
	Export	-	-	-	-	-	-	-	-	-
	Cost of Sales	£28,635,803	244.5%	£8,311,472	-	-	-	-	-	-
	Gross Profit	£471,217	178.4%	£169,229	-	-	-	-	-	-
	Wages & Salaries	-	-	-	-	-	-	-	-	-
	Directors Emoluments	-	-	-	-	-	-	-	-	-
	Operating Profit	£52,700	85.5%	£28,408	-	-	-	-	-	-
	Depreciation	-	-	-	-	-	-	-	-	-
	Audit Fees	-	-	-	-	-	-	-	-	-
	Interest Payments	-	-	-	-	-	-	-	-	-
	Pre Tax Profit	£52,700	85.5%	£28,408	-	-	-	-	-	-
	Taxation	-£10,497	-84.7%	-£5,682	-	-	-	-	-	-
	Profit After Tax	£42,203	85.7%	£22,726	-	-	-	-	-	-
	Dividends Payable	-	-	-	-	-	-	-	-	-
	Retained Profit	£42,203	85.7%	£22,726	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Tangible Assets	0	-	0	-	0	-	0	-	0
	Intangible Assets	0	-	0	-	0	-	0	-	0
	Total Fixed Assets	0	-	0	-	0	-	0	-	0
	Stock	£316,600	-	0	-	0	-	0	-	0
	Trade Debtors	£3,154,553	25.8%	£2,506,889	154%	£986,998	-33%	£1,473,897	21.3%	£1,214,643
	Cash	£783	83.4%	£427	-99.9%	£438,791	35.7%	£323,247	37.1%	£235,855
	Other Debtors	£4,254,375	15.7%	£3,678,104	-	0	-	0	-	0
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£7,726,311	24.9%	£6,185,420	333.8%	£1,425,789	-20.7%	£1,797,144	23.9%	£1,450,498
	Trade Creditors	£628,322	6.6%	£589,524	-54.2%	£1,288,296	-22.6%	£1,663,827	25.6%	£1,324,793
	Bank Loans & Overdrafts	£5,194,602	23%	£4,222,540	-	0	-	0	-	0
	Other Short Term Finance	£1,115,396	38%	£808,253	-	0	-	0	-	0
	Miscellaneous Current Liabilities	£335,569	116.7%	£154,884	-	0	-	0	-	0
	Total Current Liabilities	£7,273,889	26%	£5,775,201	348.3%	£1,288,296	-22.6%	£1,663,827	25.6%	£1,324,793
	Bank Loans & Overdrafts and LTL	£5,194,602	23%	£4,222,540	-	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	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Called Up Share Capital	£2	-	£2	-	£2	-	£2	-	£2
	P & L Account Reserve	£202,420	26.3%	£160,217	16.5%	£137,491	3.1%	£133,315	6.1%	£125,703
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£250,000	-	£250,000	-	-	-	-	-	-
	Shareholder Funds	£452,422	10.3%	£410,219	198.4%	£137,493	3.1%	£133,317	6.1%	£125,705

Other Financial Items

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Net Worth	£452,422	10.3%	£410,219	198.4%	£137,493	3.1%	£133,317	6.1%	£125,705
	Working Capital	£452,422	10.3%	£410,219	198.4%	£137,493	3.1%	£133,317	6.1%	£125,705
	Total Assets	£7,726,311	24.9%	£6,185,420	333.8%	£1,425,789	-20.7%	£1,797,144	23.9%	£1,450,498
	Total Liabilities	£7,273,889	26%	£5,775,201	348.3%	£1,288,296	-22.6%	£1,663,827	25.6%	£1,324,793
	Net Assets	£452,422	10.3%	£410,219	198.4%	£137,493	3.1%	£133,317	6.1%	£125,705

Cash Flow

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	30/04/15	(%)	30/04/14	(%)	30/04/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
	Capital Employed	£452,422	10.3%	£410,219	198.4%	£137,493	3.1%	£133,317	6.1%	£125,705
	Number of Employees	1	-	-	-	-	-	-	-	-
	Accountants	THB LLP
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	30/04/17	30/04/16	30/04/15	30/04/14	30/04/13
	Pre-tax profit margin %	0.18	0.33	-	-	-
	Current ratio	1.06	1.07	1.11	1.08	1.09
	Sales/Net Working Capital	64.34	20.67	-	-	-
	Gearing %	1148.20	1029.30	0	0	0
	Equity in %	5.90	6.60	9.60	7.40	8.70
	Creditor Days	7.85	25.30	-	-	-
	Debtor Days	39.44	107.59	-	-	-
	Liquidity/Acid Test	1.01	1.07	1.10	1.08	1.09
	Return On Capital Employed %	11.64	6.92	-	-	-
	Return On Total Assets Employed %	0.68	0.45	-	-	-
	Current Debt Ratio	16.07	14.07	9.36	12.48	10.53
	Total Debt Ratio	16.07	14.07	9.36	12.48	10.53
	Stock Turnover Ratio %	1.08	-	-	-	-
	Return on Net Assets Employed %	11.64	6.92	-	-	-

Event History View Documents

Date	Description
22/03/2018	Confirmation Statement
23/11/2017	New Accounts Filed
23/11/2017	New Accounts Filed
29/03/2017	Annual Returns
04/02/2017	New Accounts Filed
18/04/2016	New Accounts Filed
15/04/2016	Annual Returns
03/02/2016	New Accounts Filed
15/04/2015	Annual Returns
24/01/2015	New Accounts Filed
15/08/2014	Change in Reg.Office
15/08/2014	Change of Company Postcode
25/03/2014	Annual Returns
23/01/2014	New Accounts Filed
01/05/2013	New Accounts Filed

Previous Company Names

No Previous Names found

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

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	16/06/15
Date Charge Registered:	23/06/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BRITISH ARAB COMMERCIAL BANK PLC;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.
Mortgage Type:	DEBENTURE
Date Charge Created:	29/11/11
Date Charge Registered:	01/12/11
Date Charge Satisfied:	15/10/14
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
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

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Elaine Ann Intranova	1		1	0
NIKTANYA INTERNATIONAL LIMITED	0		1	0
VISTRA NOMINEES (UK) LIMITED	0		27129	80167
WATERLOW SECRETARIES LIMITED	10		28638	81665
Total Persons With Significant Control	2	Total Statements		0
Active	2	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Mr Pietro Intranova	Kind	Individual Person With Significant Control
Address	28 Kings Drive, Surbiton	Country Of Residence	England
Post Code	KT5 8NG	Nationality	British
Date of Birth	06/1965	Notified On	28/02/2017
Nature Of Control	Ownership of shares - between 25% and 50%
Name	Mr Sanjiv Khanna	Kind	Individual Person With Significant Control
Address	501 Eassa Hussain Ali Yousaf, Al Majaz Adea, Sharjah	Country Of Residence	United Arab Emirates
Post Code	-	Nationality	British
Date of Birth	08/1962	Notified On	28/02/2017
Nature Of Control	Ownership of shares - between 25% and 50%

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.99
UK Pound	1	INR 90.96
Euro	1	INR 79.51
GBP	1	INR 91.51

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	PRI
Report Prepared by :	KET

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.