3decades

MIRA INFORM REPORT

Report No. :	503712
Report Date :	24.04.2018

IDENTIFICATION DETAILS

Name :	RECONNAISSANCE INTERNATIONAL LIMITED

Formerly Known As :	RECONNAISSANCE HOLOGRAPHICS LIMITED

Registered Office :	10 Windmill Business Village, Brooklands Close, Sunbury, TW16 7DY

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	10.02.1992

Com. Reg. No.:	02685685

Legal Form :	Private Limited with Share Capital

Line of Business :	· Other information service activities n.e.c. · Consultants in holography and related matters.

No. of Employees :	17 [2017]

RATING & COMMENTS

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

MIRA’s Rating :

A+

Credit Rating

Explanation

Rating Comments

A+

Low Risk

Business dealings permissible with low risk of default

Status :	Excellent

Payment Behaviour :	Regular

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

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 Summary

Registered Address

10 Windmill Business Village
Brooklands Close
Sunbury
TW16 7DY

Trading Address

Unit 4
10 Windmill Business Village
Brooklands Close
Sunbury-On-Thames, Middlesex
TW16 7DY

Website Address http://www.reconnaissance.net

Company Number 02685685

Telephone Number 01932785680

Fax Number -

TPS No

FPS Yes

Incorporation Date 10/02/1992

Previous Name RECONNAISSANCE HOLOGRAPHICS LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 19/04/1996

Filing Date of Accounts 21/12/2017

Currency GBP

Share Capital £10,000

SIC07 63990

Charity Number -

SIC07 Description Other information service activities n.e.c.

Principal Activity Consultants in holography and related matters.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company RECONNAISSANCE INTERNATIONAL LIMITED

Accountant DURRANTS - CALLEVA

Mortgages 3

Trade Debtors -

Group 2 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.03.2017	-	-	£308,025	17
31.03.2016	-	-	£265,318	-
31.03.2015	-	-	£192,168	-

Mortgage summary

Total Mortgage 3

Outstanding 3

Satisfied 0

Trade debtors / bad debt summary

Total Number of Documented Trade 1

Total Value of Documented Trade £5,952

Commentary

This company has been treated as a Small company.

The latest Balance Sheet indicates a very positive net working capital position.

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

There has been an increase in shareholders funds compared with the previous balance sheet.

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	4	Total Current Secretaries	0
Total Previous Directors / Company Secretaries	10	Total Person's With Significant Control	1

Current Directors

Title	Dr	Function	Director
Name	David James Tidmarsh	Nationality	British
Date of Birth	02/1944	Present Appointments	2
Latest Address	The Old Barns, Kipperlyn, Stocksfield, Northumberland	Appointment Date	01/06/2004
Post Code	NE43 7SQ
Title	Ms	Function	Director
Name	Astrid Mitchell	Nationality	British
Date of Birth	03/1962	Present Appointments	2
Latest Address	Gallowshieldrigg Farm, Bardon Mill, Hexham, Northumberland	Appointment Date	01/06/2004
Post Code	NE47 7AR

Title	Mr	Function	Director
Name	Martyn Frank White	Nationality	British
Date of Birth	11/1948	Present Appointments	3
Latest Address	4 Windmill Business Village, Brooklands Close, Sunbury, Middlesex	Appointment Date	13/04/2012
Post Code	TW16 7DY
Title	Mrs	Function	Director
Name	Linda O'Rourke	Nationality	British
Date of Birth	01/1963	Present Appointments	1
Latest Address	119 Chertsey Lane, Staines Upon Thames, Surrey	Appointment Date	01/04/2016
Post Code	TW18 3LQ

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MARTYN FRANK WHITE	GBP	10,000	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Depreciation	£7,759	1.3%	£7,663	-8%	£8,331	-22.6%	£10,761	1.9%	£10,563
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Tangible Assets	£15,822	-20.6%	£19,937	-2.3%	£20,398	10.8%	£18,406	-19%	£22,716
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Intangible Assets	£1	-	£1	-	£1	-	£1	-	£1
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Fixed Assets	£15,823	-20.6%	£19,938	-2.3%	£20,399	10.8%	£18,407	-19%	£22,717
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Trade Debtors	£303,705	-34%	£460,212	-48.4%	£892,558	8.5%	£822,608	-1.1%	£831,894
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Cash	£111,315	-48.1%	£214,486	133.3%	£91,943	-47.4%	£174,706	566.3%	£26,221
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Other Debtors	£219,745	69.6%	£129,601	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Miscellaneous Current Assets	£16,143	438.1%	£3,000	-	£3,000	-	£3,000	-57.8%	£7,116
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Current Assets	£650,908	-19.4%	£807,299	-18.2%	£987,501	-1.3%	£1,000,314	15.6%	£865,231
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Trade Creditors	0	-100%	£38,539	-95.1%	£787,799	-3.8%	£819,008	14%	£718,679
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Miscellaneous Current Liabilities	£358,706	-31.5%	£523,380	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Current Liabilities	£358,706	-36.2%	£561,919	-28.7%	£787,799	-3.8%	£819,008	14%	£718,679
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-100%	£27,933	-47%	£52,668	-31.1%	£76,420
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-100%	£27,933	-47%	£52,668	-31.1%	£76,420

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Called Up Share Capital	£111,278	999.9%	£10,000	-	£10,000	-	£10,000	-	£10,000
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	P & L Account Reserve	£148,687	-28.3%	£207,258	54.5%	£134,108	50.7%	£88,985	155.8%	£34,789
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Sundry Reserves	£48,060	-	£48,060	-	£48,060	-	£48,060	-	£48,060
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Shareholder Funds	£308,025	16.1%	£265,318	38.1%	£192,168	30.7%	£147,045	58.4%	£92,849

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Net Worth	£308,024	16.1%	£265,317	38.1%	£192,167	30.7%	£147,044	58.4%	£92,848
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Working Capital	£292,202	19.1%	£245,380	22.9%	£199,702	10.1%	£181,306	23.7%	£146,552
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Assets	£666,731	-19.4%	£827,237	-17.9%	£1,007,900	-1.1%	£1,018,721	14.7%	£887,948
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Liabilities	£358,706	-36.2%	£561,919	-31.1%	£815,732	-6.4%	£871,676	9.6%	£795,099
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Net Assets	£308,025	16.1%	£265,318	38.1%	£192,168	30.7%	£147,045	58.4%	£92,849

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Capital Employed	£308,025	16.1%	£265,318	20.5%	£220,101	10.2%	£199,713	18%	£169,269
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Number of Employees	17	-	-	-	-	-	-	-	-
	Accountants	DURRANTS - CALLEVA
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Current ratio	1.81	1.44	1.25	1.22	1.20
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Gearing %	0	0	14.50	35.80	82.30
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Equity in %	46.20	32.10	19.10	14.40	10.50
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Liquidity/Acid Test	1.81	1.43	1.25	1.22	1.20
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Current Debt Ratio	1.16	2.11	4.09	5.56	7.74
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Total Debt Ratio	1.16	2.11	4.24	5.92	8.56
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
23/02/2018	Confirmation Statement
29/12/2017	New Accounts Filed
29/12/2017	New Accounts Filed
22/12/2017	Payment Data Update Received
23/02/2017	Annual Returns
07/11/2016	New Accounts Filed
30/05/2016	Change in Reg.Office
09/04/2016	Annual Returns
08/04/2016	New Board Member Mrs L. O'Rouke appointed
10/02/2016	Payment Data Update Received
07/08/2015	New Accounts Filed
03/07/2015	Mr I.M. Lancaster has left the board
24/02/2015	Annual Returns
23/12/2014	New Accounts Filed
22/02/2014	Annual Returns

Previous Company Names

Date	Previous Name
19/04/1996	RECONNAISSANCE HOLOGRAPHICS LIMITED

Writ Details

No writs found

Statistics

Group	2 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	RECONNAISSANCE INTERNATIONAL LIMITED
Ownership Status	Ultimately Owned
Ultimate Holding Company	RECONNAISSANCE INTERNATIONAL LIMITED

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\tminus.gif$ RECONNAISSANCE INTERNATI...	02685685	31.03.2017	N
$Description: \\vivek-pc\E\Reconnaissance International Limited_files\L.gif$ CURRENCY PUBLICATIONS...	04494907	31.12.2016	N

Mortgage Details

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	28/08/09
Date Charge Registered:	05/09/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SHELL PENSIONS TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	THE DEPOSIT BEING THE SUM OF £10,000 PLUS VAT AND ALL RIGHTS, TITLE AND INTEREST IN AND TO THE DEPOSIT AND THE ACCOUNT SEE IMAGE FOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	27/10/03
Date Charge Registered:	13/11/03
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SHEPPERTON PROPERTIES LIMITED
Amount Secured:	£6,250 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	A DEPOSIT OF £6,250 TOGETHER WITH ALL MONIES STANDING TO THE CREDIT OF SUCH DEPOSIT

Mortgage Type:	MORTGAGE DEBENTURE
Date Charge Created:	31/03/94
Date Charge Registered:	18/04/94
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	A SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTIES AND/OR THE PROCEEDS OF SALE THEREOF FIXED AND FLOATING CHARGES OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS AND THE BENEFITS OF ANY LICENCES

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	1	£5,952
Company Name		Amount	Statement Date
Henderson Engineering Ltd		£5,952	25/09/2012

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Lewis Kontnik	0			1	0
Lorraine Karen Peel	0			1	0
Gillian Esther Benjamin	0			1	2
David Leslie Mitchell	0			4	0
David Leslie Mitchell	0			4	0
Anita Viviane Fox-Lancaster	0			1	0
Ian Michael Lancaster	1			4	8
Ian Michael Lancaster	1			4	8
LONDON LAW SERVICES LIMITED	3			12122	43023
LONDON LAW SECRETARIAL LIMITED	3			12153	43036
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mr Martyn White	Kind	Individual Person With Significant Control
Address	10 Windmill Business Village Brooklands Close, Sunbury, Middlesex	Country Of Residence	England
Post Code	TW16 7DY	Nationality	British
Date of Birth	11/1948	Notified On	06/04/2016
Nature Of Control	Ownership of shares - above 75%

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 66.22
UK Pound	1	INR 92.84
Euro	1	INR 81.27
GBP	1	INR 92.52

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

INFORMATION DETAILS

Analysis Done by :	NIY

Report Prepared by :	TPT

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)

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