MIRA INFORM REPORT

Report No. :	504709
Report Date :	25.04.2018

IDENTIFICATION DETAILS

Name :	CAMIRA FABRICS LIMITED
Formerly Known As :	INTERFACE FABRICS LIMITED
Registered Office :	The Watermill Wheatley Park, Hopton, Mirfield, WF14 8HE
Country :	United Kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	01.02.1988
Com. Reg. No.:	02215654
Legal Form :	Private Limited with Share Capital
Line of Business :	· Weaving of textiles · Manufactures and distributes fabrics used in the production of seating and vertical panelling worldwide.
No. of Employees :	261 [2016]

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	Acceptable Risk	Business dealings permissible with moderate risk of default

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

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 Summary

Registered Address

The Watermill Wheatley Park
Hopton
Mirfield
WF14 8HE

Trading Address

The Watermill, Wheatley Park
Woodbottom
Hopton
Mirfield, West Yorkshire
WF14 8HE

Website Address http://www.camirafabrics.com

Company Number 02215654

Telephone Number 01924490591

Fax Number -

TPS No

FPS Yes

Incorporation Date 01/02/1988

Previous Name INTERFACE FABRICS LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 09/05/2006

Filing Date of Accounts 10/06/2017

Currency GBP

Share Capital £110

SIC07 13200

Charity Number -

SIC07 Description Weaving of textiles

Principal Activity Manufactures and distributes fabrics used in the production of seating and

vertical panelling worldwide.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company CAMIRA GROUP HOLDINGS LIMITED

Accountant -

Mortgages 17

Trade Debtors -

Group 14 companies

Linkages 6 companies

Countries In 3 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.12.2016	£54,757,798	£5,396,897	£31,740,093	261
31.12.2015	£47,748,544	£3,732,985	£26,257,174	240
31.12.2014	£45,695,637	£4,119,267	£23,234,334	243

Mortgage summary

Total Mortgage 17

Outstanding 4

Satisfied 13

Trade debtors / bad debt summary

Total Number of Documented Trade 28

Total Value of Documented Trade £111,879

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 moderate equity funding.

The company has more cash than short term bank borrowings.

This company trades in an industry with a moderate 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	25	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Anthony Stuart Croall	Nationality	British
Date of Birth	09/1969	Present Appointments	6
Latest Address	Holme Cottage Holme Lane, Holme, Doncaster, South Yorkshire	Appointment Date	03/11/2014
Post Code	DN5 0LR
Title	Mr	Function	Director
Name	Nicholas Andrew Brown	Nationality	British
Date of Birth	02/1964	Present Appointments	14
Latest Address	42 Cornwall Road, Harrogate, North Yorkshire	Appointment Date	01/02/1999
Post Code	HG1 2PP

Title	Mr	Function	Director
Name	Alan Lloyd Williams	Nationality	British
Date of Birth	07/1972	Present Appointments	11
Latest Address	The Watermill Wheatley Park, Hopton, Mirfield, West Yorkshire	Appointment Date	18/06/2007
Post Code	WF14 8HE
Title	Mr	Function	Director
Name	Mark Terence Young	Nationality	British
Date of Birth	03/1967	Present Appointments	5
Latest Address	The Watermill Wheatley Park, Hopton, Mirfield, West Yorkshire	Appointment Date	22/01/2018
Post Code	WF14 8HE

Title	Mr	Function	Director
Name	Grant Lindon Russell	Nationality	British
Date of Birth	06/1964	Present Appointments	14
Latest Address	The Watermill Wheatley Park, Hopton, Mirfield, West Yorkshire	Appointment Date	30/05/2017
Post Code	WF14 8HE
Title	Miss	Function	Director
Name	Abigail Lesley Bomford	Nationality	British
Date of Birth	05/1980	Present Appointments	5
Latest Address	The Watermill Wheatley Park, Hopton, Mirfield, West Yorkshire	Appointment Date	30/05/2017
Post Code	WF14 8HE

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Anthony Stuart Croall	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	The Watermill Wheatley Park, Hopton, Mirfield, West Yorkshire	Appointment Date	11/01/2013
Post Code	WF14 8HE

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
CAMBORNE HOLDINGS LTD	GBP	109	ORDINARY	1	99.09
CAMBORNE TEXTILE SYSTEMS LTD	GBP	1	ORDINARY	1	0.91

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£54,757,798	14.7%	£47,748,544	4.5%	£45,695,637	14.2%	£40,026,389	6.8%	£37,465,388
	Export	£32,636,385	25.3%	£26,050,828	0.6%	£25,889,646	-	-	-	-
	Cost of Sales	£33,245,534	10.9%	£29,973,026	5.9%	£28,309,322	17%	£24,187,051	4.6%	£23,119,014
	Gross Profit	£21,512,264	21%	£17,775,518	2.2%	£17,386,315	9.8%	£15,839,338	10.4%	£14,346,374
	Wages & Salaries	£9,557,058	27.9%	£7,474,657	6.6%	£7,014,123	10.2%	£6,362,508	0.5%	£6,328,668
	Directors Emoluments	-	-	-	-100%	£611,732	36%	£449,713	-12.6%	£514,557
	Operating Profit	£5,329,357	45.6%	£3,660,777	-8.5%	£4,002,501	13.8%	£3,518,220	1.1%	£3,479,537
	Depreciation	£468,937	6.9%	£438,858	-19.8%	£547,022	3.4%	£528,875	16.8%	£452,850
	Audit Fees	£57,900	7%	£54,125	192.6%	£18,500	5.7%	£17,500	6.1%	£16,500
	Interest Payments	£132,460	3.4%	£128,079	29.7%	£98,749	2%	£96,777	-1.7%	£98,442
	Pre Tax Profit	£5,396,897	44.6%	£3,732,985	-9.4%	£4,119,267	5.9%	£3,890,024	2.9%	£3,779,066
	Taxation	-£1,013,755	-42.8%	-£710,145	16.1%	-£846,622	5.5%	-£895,578	6.4%	-£956,698
	Profit After Tax	£4,383,142	45%	£3,022,840	-7.6%	£3,272,645	9.3%	£2,994,446	6.1%	£2,822,368
	Dividends Payable	-	-	-	-	-	-	-	-	-
	Retained Profit	£4,383,142	45%	£3,022,840	-7.6%	£3,272,645	9.3%	£2,994,446	6.1%	£2,822,368

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£3,539,499	0.3%	£3,529,009	2.2%	£3,451,993	-3.9%	£3,590,491	-14.1%	£4,181,175
	Intangible Assets	£61,742	-7.7%	£66,887	-7.1%	£72,032	-6.7%	£77,177	-6.2%	£82,322
	Total Fixed Assets	£3,601,241	0.1%	£3,595,896	2%	£3,524,025	-3.9%	£3,667,668	-14%	£4,263,497
	Stock	£9,042,444	7.8%	£8,389,194	10.4%	£7,596,013	11.2%	£6,832,924	2.3%	£6,679,696
	Trade Debtors	£8,623,696	3.5%	£8,332,350	45.1%	£5,741,057	5.3%	£5,450,121	13.1%	£4,818,368
	Cash	£4,165,624	181.7%	£1,478,637	-42%	£2,547,812	37.2%	£1,857,190	134.4%	£792,272
	Other Debtors	£20,680,686	16.9%	£17,688,983	3.9%	£17,025,573	21.4%	£14,022,476	-6.2%	£14,952,343
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£42,512,450	18.5%	£35,889,164	9.1%	£32,910,455	16.9%	£28,162,711	3.4%	£27,242,679
	Trade Creditors	£5,559,719	14.4%	£4,859,909	-4.9%	£5,110,405	8.4%	£4,713,344	23.9%	£3,804,440
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£4,362,315	-24.1%	£5,745,937	7.9%	£5,325,171	8.9%	£4,890,667	-1.2%	£4,948,082
	Miscellaneous Current Liabilities	£4,387,311	70.1%	£2,579,262	-6.7%	£2,764,570	22.2%	£2,262,771	-60.8%	£5,776,999
	Total Current Liabilities	£14,309,345	8.5%	£13,185,108	-0.1%	£13,200,146	11.2%	£11,866,782	-18.3%	£14,529,521
	Bank Loans & Overdrafts and LTL	£64,253	50.2%	£42,778	-	0	-100%	£1,908	-79.7%	£9,412
	Other Long Term Finance	0	-	0	-	0	-100%	£1,908	-79.7%	£9,412
	Total Long Term Liabilities	£64,253	50.2%	£42,778	-	0	-100%	£1,908	-79.7%	£9,412

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£110	-	£110	-	£110	-	£110	-	£110
	P & L Account Reserve	£29,214,136	23.1%	£23,731,217	14.6%	£20,708,377	18.8%	£17,435,732	20.7%	£14,441,286
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£2,525,847	-	£2,525,847	-	£2,525,847	-	£2,525,847	-	£2,525,847
	Shareholder Funds	£31,740,093	20.9%	£26,257,174	13%	£23,234,334	16.4%	£19,961,689	17.6%	£16,967,243

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£31,678,351	21%	£26,190,287	13.1%	£23,162,302	16.5%	£19,884,512	17.8%	£16,884,921
	Working Capital	£28,203,105	24.2%	£22,704,056	15.2%	£19,710,309	21%	£16,295,929	28.2%	£12,713,158
	Total Assets	£46,113,691	16.8%	£39,485,060	8.4%	£36,434,480	14.5%	£31,830,379	1%	£31,506,176
	Total Liabilities	£14,373,598	8.7%	£13,227,886	0.2%	£13,200,146	11.2%	£11,868,690	-18.4%	£14,538,933
	Net Assets	£31,740,093	20.9%	£26,257,174	13%	£23,234,334	16.4%	£19,961,689	17.6%	£16,967,243

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
	Capital Employed	£31,804,346	20.9%	£26,299,952	13.2%	£23,234,334	16.4%	£19,963,597	17.6%	£16,976,655
	Number of Employees	261	8.8%	240	-1.2%	243	12.5%	216	1.9%	212
	Accountants
	Auditors	KPMG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
	Pre-tax profit margin %	9.86	7.82	9.01	9.72	10.09
	Current ratio	2.97	2.72	2.49	2.37	1.87
	Sales/Net Working Capital	1.94	2.10	2.32	2.46	2.95
	Gearing %	0.20	0.20	0	0	0.10
	Equity in %	68.90	66.60	63.90	62.90	54
	Creditor Days	36.95	37.04	40.70	42.86	36.96
	Debtor Days	57.32	63.51	45.73	49.56	46.81
	Liquidity/Acid Test	2.33	2.08	1.91	1.79	1.41
	Return On Capital Employed %	16.96	14.19	17.72	19.48	22.26
	Return On Total Assets Employed %	11.70	9.45	11.30	12.22	11.99
	Current Debt Ratio	0.45	0.50	0.56	0.59	0.85
	Total Debt Ratio	0.45	0.50	0.56	0.59	0.85
	Stock Turnover Ratio %	16.51	17.56	16.62	17.07	17.82
	Return on Net Assets Employed %	17	14.21	17.72	19.48	22.27

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
28/02/2018	Confirmation Statement
24/01/2018	New Board Member Mr M.T. Young appointed
04/01/2018	Mr A.M. Schofield has left the board
23/06/2017	New Accounts Filed
23/06/2017	New Accounts Filed
02/06/2017	New Board Member Miss A.L. Bomford appointed
02/06/2017	New Board Member Mr G.L. Russell appointed
01/03/2017	Annual Returns
16/09/2016	New Accounts Filed
16/09/2016	New Accounts Filed
04/03/2016	Annual Returns
08/10/2015	New Accounts Filed
25/05/2015	Ms C. Kindness has left the board
17/03/2015	Annual Returns
10/11/2014	New Board Member Mr A.S. Croall appointed

Previous Company Names

Date	Previous Name
09/05/2006	INTERFACE FABRICS LIMITED
30/10/1998	CAMBORNE FABRICS LIMITED
01/07/1989	FLYING MAGIC LIMITED

Writ Details

No writs found

Statistics

Group	14 companies
Linkages	6 companies
Countries	In 3 countries

Summary

Holding Company	CAMBORNE HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	CAMIRA GROUP HOLDINGS LIMITED

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
CAMIRA GROUP HOLDINGS LI...	09512739	31.12.2016	Y	£81,290,672
CAMIRA HOLDINGS LIMITED	09521644	31.12.2016	N
CAMIRA GROUP LTD	05635756	31.12.2016	N
J.BRADBURY & COMPA...	00171961	31.12.2016	N	£4,910,950
CAMBORNE HOLDINGS...	01178762	31.12.2016	N
CAMBORNE TEXTILE...	02136805	31.12.2016	N
CAMIRA HOLDSWORTH...	06371383	31.12.2016	N
CAMIRA TRANSPOR...	06372802	31.12.2016	N	£16,240,833
CAMIRA FABRICS LI...	02215654	31.12.2016	N	£54,757,798
FLYING MAGIC LI...	06603329	31.12.2016	N	£6,666
CAMIRA YARNS...	00187655	31.12.2016	N	£8,033,278
NATURAL FIB...	07884111	31.12.2016	N
CAMIRA LIMITED	03149983	31.12.2016	N
CAMIRA INTERNATIO...	02250871	31.12.2016	N

Other Linked Companies

Name	Number	Latest Key Financials
CAMIRA FABRICS GMBH	HRB 244134	31.12.2016
CAMBORNE FABRICS LIMITED	00902847	31.12.2015
GLENSIDE FABRICS LIMITED	01795165	31.12.2015
NORTEX EUROPE LIMITED	01847613	31.12.2015
MELTHAM PLANT LIMITED	06372043	31.12.2015
CAMIRA GROUP INC.		-

Mortgage Details

Mortgage Type:
Date Charge Created:	05/05/17
Date Charge Registered:	09/05/17
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS TRUSTEE FOR THE SECURED PARTIES;
Amount Secured:
Details:	NONECONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	28/10/15
Date Charge Registered:	11/11/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS NEGATIVEPLEDGE.

Mortgage Type:
Date Charge Created:	28/10/15
Date Charge Registered:	13/11/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED;
Amount Secured:
Details:	NOT APPLICABLECONTAINS FIXED CHARGE.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	24/04/15
Date Charge Registered:	28/04/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED (AS SECURITY AGENT);
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:	SUPPLEMENTAL DEBENTURE
Date Charge Created:	05/04/12
Date Charge Registered:	20/04/12
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	BANK OF SCOTLAND PLC;
Amount Secured:
Details:	ALL THE COMPANY'S NON-VESTING INVOICES AND ALL CASH, ALL OTHER INVOICES, ANY CREDIT BALANCE, ANY SUMS, SEE IMAGE FOR FULL DETAILS
Mortgage Type:	DEED OF ASSIGNMENT OF KEYMAN LIFE POLICY
Date Charge Created:	15/06/07
Date Charge Registered:	23/06/07
Date Charge Satisfied:	16/04/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND IN ITS CAPACITY AS SECURITY TRUSTEE FOR THESEC;
Amount Secured:
Details:	ITS ENTIRE RIGHT, TITLE AND INTEREST INAND TO THE POLICIES BEING INSURER: LEGAL & GENERAL, POLICIES NO. 011870294-3, LIFE ASSURED: NICHOLAS BROWN, SUM ASSURED: £150,000, EXPIRY DATE: 21 APRIL 2011 FOR FURTHER POLICIES CHARGED PLEASE REFERTO THE FORM 395SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	PLEDGE BOND
Date Charge Created:	14/06/06
Date Charge Registered:	04/07/06
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
Details:	THE SECURITIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	PLEDGE BOND
Date Charge Created:	14/06/06
Date Charge Registered:	04/07/06
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVE
Amount Secured:
Details:	THE SECURITIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	PLEDGE BOND
Date Charge Created:	14/06/06
Date Charge Registered:	04/07/06
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
Details:	THE SECURITIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	PLEGE BOND
Date Charge Created:	14/06/06
Date Charge Registered:	04/07/06
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
Details:	THE SECURITIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	PLEDGE BOND
Date Charge Created:	14/06/06
Date Charge Registered:	04/07/06
Date Charge Satisfied:	01/05/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
Details:	THE SECURITIESSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	21/04/06
Date Charge Registered:	08/05/06
Date Charge Satisfied:	27/04/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
Details:	F/H LAND ON THE SOUTH SIDE OF HAGG LANEWOOD BOTTOM MIRFIELD WEST YORKSHIRE T/NO WYK394277, L/H LAND AT MELTHAM MILLS AND L/H LAND AT 27 WHITEMOOR COURT NOTTINGHAM

Mortgage Type:	DEBENTURE
Date Charge Created:	21/04/06
Date Charge Registered:	08/05/06
Date Charge Satisfied:	27/04/15
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR;
Amount Secured:
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 MACHINERYSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	29/07/03
Date Charge Registered:	31/07/03
Date Charge Satisfied:	16/04/15
Status:	SATISFIED
Person(s) Entitled:	MELTHAM PROPERTIES LIMITED;
Amount Secured:
Details:	A DEPOSIT ACCOUNT IN THE SUM OF £50,000

Mortgage Type:	GUARANTEE AND SECURITY AGREEMENT
Date Charge Created:	17/06/03
Date Charge Registered:	26/06/03
Date Charge Satisfied:	08/05/06
Status:	SATISFIED
Person(s) Entitled:	WACHOVIA BANK, NATIONAL ASSOCIATION, LONDON BRANCH (THE AGENT)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM ANY OBLIGOR TO THE FINANCE PARTIES UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	ALL RIGHT TITLE AND INTEREST IN AND TO THE DEBTS AND THE BENEFITS OF ALL RIGHTSSECURITIES AND GUARANTEES AND ALL MONIES STANDING TO THE CREDIT OF ANY UK BLOCKED ACCOUNTS AND UK CONCENTRATION ACCOUNTSAND BY WAY OF FLOATING CHARGE ALL THEUNDERTAKING AND ALL PROPERTY AND ASSETS
Mortgage Type:	DEBENTURE
Date Charge Created:	13/02/95
Date Charge Registered:	17/02/95
Date Charge Satisfied:	04/07/97
Status:	SATISFIED
Person(s) Entitled:	MEESPIERSON N.V.
Amount Secured:	ALL LIABILITIES OF ALL OR ANY OF THE OBLIGORS (AS THEREIN DEFINED) TO THE CHARGEE ("THE SECURITY TRUSTEE") AS SECURITY TRUSTEE FOR THE AGENT AND THE BANK (AS THEREIN DEFINED) WHETHER OR NOT ORIGINALLYOWED TO THE "SECURITY TRUSTEE", THE AGENT OR THE BANK AND WHETHER OWED JOINTLYOR SEVERALLY OR IN ANY OTHER CAPACITY AND UNDER THE TERMS OF THIS DEBENTURE
Details:	F/H PROPERTY SITUATED AT HOPTON MILLS HOPTON MIRFIELD WEST YORSKSHIRE T/N WYK320739, FIXED CHARGE ALL FITTINGS PLANT EQUIPMENT MACHINERY TOOLS VEHICLES FURNITURE AND OTHER MOVEABLE PROPERTY, ANY INVESTMENT, ITS GOODWILL AND UNCALLED CAPITAL, DEBTS AND FLOATING CHARGE WHOLE UNDERTAKING PROPERTY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	SINGLE DEBENTURE
Date Charge Created:	30/10/89
Date Charge Registered:	02/11/89
Date Charge Satisfied:	14/06/03
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	(INCLUDING TRADE FIXTURES) 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

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	28	£111,879
Company Name		Amount	Statement Date
A F I Group Limited		£32,044	21/12/2012
Erlam Mckendrick Contracting Ltd		£15,362	30/10/2014
Raterad 2013 Limited		£6,938	30/09/2013
Office Seating Limited		£6,500	15/01/2010
Walker Upholstery Limited		£5,832	14/04/2011
D J H Project Consultants Limited		£5,112	17/07/2014
Desk Link UK Limited		£4,991	23/09/2010
Tubular Motion Furniture Limited		£4,906	20/05/2010
Contract Interiors UK Ltd		£4,327	14/01/2016
Design Seating Limited		£4,046	16/02/2012
Carlton Screens Limited		£3,643	27/01/2010
Pulse Furniture Limited		£3,114	17/06/2011
Topline Contract Furniture Limited		£2,713	05/04/2016
Robinson & Liddell Ltd		£2,088	29/11/2010
Syba Seating Limited		£1,937	08/04/2014
Curtis Office Ltd		£1,516	30/03/2017
Brown & Cook Limited		£1,315	02/10/2013
Parkrose Builders Limited		£1,110	15/02/2012
Cheshire Soft Furnishings Limited		£920	05/02/2010
Hide And Chic Limited		£825	09/06/2010
P D Seating Limited		£785	12/09/2016
Studio Schemes Limited		£609	24/01/2014
Retail Entertainment Displays Limited		£348	04/03/2011
Harrison Associates UK Limited		£269	03/06/2010
Radius Environments Limited		£263	16/10/2009
Acoustic Comfort Ltd		£129	05/07/2010
Glenbery Upholstery Limited		£126	17/09/2009
Botley Furniture Limited		£111	25/02/2011

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Nigel Jeremy Roberts	3			8	27
John Frederick Christ	0			1	0
Brian Edwards	0			1	2
Christopher Paul Goodall	3			15	16
Christopher Paul Goodall	3			15	16
Anthony Stuart Croall	6			5	8
Leif Kvalvik	0			1	0
Andrew Mark Schofield	0			11	4
Robert Broadley	0			1	0
Kevin Murray	0			1	0
Martin Leng	0			1	0
Brian Demoura	0			5	7
Charles Roy Eitel	0			4	3
Daniel Thomas Hendrix	1			7	7
Nicholas Andrew Brown	14			8	12
Michael Joseph Pedder	0			1	0
Michael Anthony Stockwell	3			3	7
Cheryl Kindness	0			7	0
Norman Benedict Harker	0			10	1
Christopher John Richard	0			5	6
Larissa Ann Larrabee	0			5	6
Raymond Scott Willoch	1			6	8
Alan Lloyd Williams	0			1	0
Trevor William Thornton	0			3	9
Nicholas John Worton	0			1	0
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Camborne Holdings Limited	Kind	Corporate Entity With Significant Control
Address	The Watermill Wheatley Park, Mirfield, West Yorkshire	Notified On	06/04/2016
Post Code	WF14 8HE	Legal Form	Limited Liability Company
Authority	Companies Act 2006	Place Registered	Registrar Of Uk Companies
Country Registered	England	Registration Number	01178762
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors

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 66.36
UK Pound	1	INR 92.50
Euro	1	INR 81.05
GBP	1	INR 93.22

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

INFORMATION DETAILS

Analysis Done by :	NIS
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)

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.