MIRA INFORM REPORT

Report No. :	506268
Report Date :	26.04.2018

IDENTIFICATION DETAILS

Name :	PG PAPER COMPANY LTD.

Registered Office :	The Stablesauchenbothie Garden, Skilmacolmpa13 4sf

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	30.09.2003

Com. Reg. No.:	SC256809

Legal Form :	Private limited with Share Capital

Line of Business :	· Manufacture of paper and paperboard · Agents in sale of variety of goods.

No. of Employees :	19 (2017)

RATING & COMMENTS

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

MIRA’s Rating :

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

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: PG PAPER COMPANY LTD.

Company No: SC256809

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: THE STABLESAUCHENBOTHIE GARDENSKILMACOLMPA13 4SF

Company Name

PG PAPER COMPANY LTD.

Company Number

SC256809

Company Summary

Registered Address THE STABLES, AUCHENBOTHIE GARDENS KILMACOLM, PA13 4SF

Trading Address The Stables, Auchenbothie Port Glasgow Road, Kilmacolm, Renfrewshire
PA13 4SF

Ground Floor, West Wing, Custom House Quay, Greenock, Scotland, UK PA15IEQ,

United Kingdom

Website Address http://www.pgpaper.com

Telephone Number 01505874266

Fax Number

TPS Yes

FPS Yes

Incorporation Date 30/09/2003

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 23/12/2017

Currency GBP

Share Capital £100,000

SIC07 17120

Charity Number -

SIC07 Description MANUFACTURE OF PAPER AND PAPERBOARD

Principal Activity Agents in sale of variety of goods.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company SAPP HOLDINGS LTD

Accountant -

Mortgages 2

Group 3 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2017 £35,895,202 £1,414,793 £5,944,935 19

31/03/2016 £22,559,945 £573,473 £4,918,129 22

31/03/2015 £24,281,146 £1,104,595 £4,536,724 17

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 has made late payments on a medium percentage of invoices.

The company has more cash than short term bank borrowings.

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

Current Directors

Title	Ms	Function	Director
Name	Poonam Gupta	Nationality	British
Date of Birth	08/1976	Present Appointments	3
Latest Address	The Stables, Auchenbothie Gardens, Kilmacolm	Appointment Date	02/10/2003
Post Code	PA13 4SF

Title	Mr	Function	Director
Name	Puneet Gupta	Nationality	British
Date of Birth	07/1974	Present Appointments	5
Latest Address	The Stables, Auchenbothie Gardens, Kalmalolm, Renfrew	Appointment Date	02/10/2003
Post Code	PA13 4SF

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Puneet Gupta	Nationality	British
Date of Birth	07/1974	Present Appointments	7
Latest Address	The Stables, Auchenbothie Gardens, Kalmalolm, Renfrew	Appointment Date	02/10/2003
Post Code	PA13 4SF

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
SAPP HOLDINGS LTD	GBP	100,000	ORDINARY	1	99.01
TRUSTEES OF GUPTA FAMILY DISCRETIONARY TRUST	GBP	1,000	ORDINARY A	0	0.99
	1

Financials

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
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Turnover	£35,895,202	59.1%	£22,559,945	-7.1%	£24,281,146	19.2%	£20,363,531	6.6%	£19,100,735
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Cost of Sales	£33,962,470	60.4%	£21,173,777	-5.7%	£22,445,809	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Gross Profit	£1,932,732	39.4%	£1,386,168	-24.5%	£1,835,337	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Wages & Salaries	£417,333	13.5%	£367,535	49.2%	£246,333	41.4%	£174,222	13.9%	£152,958
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Directors Emoluments	£27,003	-	£27,003	-	£27,003	-	£27,003	-3%	£27,840
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Operating Profit	£1,605,822	141.4%	£665,311	-43.4%	£1,174,595	-3%	£1,210,944	0%	£1,210,372
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Depreciation	£27,538	-8.8%	£30,203	89.3%	£15,959	-12.9%	£18,317	0%	£18,321
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Audit Fees	£3,750	7.1%	£3,500	16.7%	£3,000	-	£3,000	-	£3,000
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Interest Payments	£200,427	100.4%	£99,996	30.5%	£76,602	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Pre Tax Profit	£1,414,793	146.7%	£573,473	-48.1%	£1,104,595	-8.8%	£1,210,944	0%	£1,210,372
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Taxation	-£282,987	-135.7%	-£120,068	51.8%	-£248,870	10.1%	-£276,913	4.8%	-£290,868
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Profit After Tax	£1,131,806	149.6%	£453,405	-47%	£855,725	-8.4%	£934,031	1.6%	£919,504
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Dividends Payable	£125,000	73.6%	£72,000	20%	£60,000	-	£60,000	-33.3%	£90,000
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Retained Profit	£1,006,806	164%	£381,405	-52.1%	£795,725	-9%	£874,031	5.4%	£829,504

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Tangible Assets	£241,771	-16.3%	£288,728	39%	£207,666	256.8%	£58,198	-3.5%	£60,320
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Intangible Assets	£12,226	-10.6%	£13,679	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Fixed Assets	£253,997	-16%	£302,407	45.6%	£207,666	256.8%	£58,198	-3.5%	£60,320
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Stock	£989,977	-29.8%	£1,410,519	137.2%	£594,772	0.5%	£592,106	-11.8%	£670,952
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Trade Debtors	£8,676,365	16.8%	£7,426,625	14.6%	£6,480,964	14.9%	£5,640,061	90.9%	£2,953,824
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Cash	£1,013,959	833.6%	£108,603	-93.9%	£1,794,721	78.4%	£1,006,054	-49.3%	£1,984,145
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Other Debtors	£1,217,072	111.4%	£575,584	42.8%	£403,128	93%	£208,854	45.9%	£143,124
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Current Assets	£11,897,373	25%	£9,521,331	2.7%	£9,273,585	24.5%	£7,447,075	29.5%	£5,752,045
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Trade Creditors	£3,848,572	21%	£3,181,343	139.2%	£1,330,159	-31.6%	£1,945,024	24.3%	£1,564,895
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-100%	£7,074	-35.7%	£10,999
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Miscellaneous Current Liabilities	£2,316,086	35.5%	£1,708,789	-52.7%	£3,610,893	99.3%	£1,812,176	32.3%	£1,369,503
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Current Liabilities	£6,164,658	26.1%	£4,890,132	-1%	£4,941,052	31.3%	£3,764,274	27.8%	£2,945,397
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£41,777	169.9%	£15,477	345.4%	£3,475	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Long Term Liabilities	£41,777	169.9%	£15,477	345.4%	£3,475	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Called Up Share Capital	£2	-	£2	-	£2	-	£2	-	£2
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	P & L Account Reserve	£5,924,933	20.5%	£4,918,127	8.4%	£4,536,722	21.3%	£3,740,997	30.5%	£2,866,966
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Sundry Reserves	£20,000	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Shareholder Funds	£5,944,935	20.9%	£4,918,129	8.4%	£4,536,724	21.3%	£3,740,999	30.5%	£2,866,968

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Net Worth	£5,932,709	21%	£4,904,450	8.1%	£4,536,724	21.3%	£3,740,999	30.5%	£2,866,968
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Working Capital	£5,732,715	23.8%	£4,631,199	6.9%	£4,332,533	17.6%	£3,682,801	31.2%	£2,806,648
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Assets	£12,151,370	23.7%	£9,823,738	3.6%	£9,481,251	26.3%	£7,505,273	29.1%	£5,812,365
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Liabilities	£6,206,435	26.5%	£4,905,609	-0.8%	£4,944,527	31.4%	£3,764,274	27.8%	£2,945,397
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Net Assets	£5,944,935	20.9%	£4,918,129	8.4%	£4,536,724	21.3%	£3,740,999	30.5%	£2,866,968

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Net Cashflow from Operations	£1,517,684	240.4%	-£1,080,638	-186.1%	£1,255,273	272.7%	-£726,955	-188%	£826,134
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Net Cashflow before Financing	£1,002,164	160.1%	-£1,667,268	-260.9%	£1,036,448	206.4%	-£974,166	-264.6%	£591,884
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Net Cashflow from Financing	-£96,808	-413.6%	-£18,850	92.4%	-£247,781	-999.9%	-£3,925	39.6%	-£6,496
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Increase in Cash	£905,356	153.7%	-£1,686,118	-313.8%	£788,667	180.6%	-£978,091	-267.1%	£585,388

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
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Capital Employed	£5,986,712	21.3%	£4,933,606	8.7%	£4,540,199	21.4%	£3,740,999	30.5%	£2,866,968
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Number of Employees	19	-13.6%	22	29.4%	17	88.9%	9	28.6%	7
	Accountants
	Auditors	HENDERSON & CO
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Pre-tax profit margin %	3.94	2.54	4.55	5.95	6.34
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Current ratio	1.93	1.95	1.88	1.98	1.95
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Sales/Net Working Capital	6.26	4.87	5.60	5.53	6.81
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Gearing %	0.70	0.30	0.10	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Equity in %	49	50.10	47.80	49.80	49.30
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Creditor Days	39.02	51.33	19.94	34.76	29.82
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Debtor Days	87.98	119.82	97.15	100.81	56.29
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Liquidity/Acid Test	1.76	1.65	1.75	1.82	1.72
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Return On Capital Employed %	23.63	11.62	24.32	32.36	42.21
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Return On Total Assets Employed %	11.64	5.83	11.65	16.13	20.82
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Current Debt Ratio	1.03	0.99	1.08	1	1.02
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Total Debt Ratio	1.04	0.99	1.08	1	1.02
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Stock Turnover Ratio %	2.75	6.25	2.44	2.90	3.51
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\barchart-grey.png$	Return on Net Assets Employed %	23.79	11.66	24.34	32.36	42.21

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
03/01/2018	Payment Data Update Received
02/01/2018	New Accounts Filed
02/01/2018	New Accounts Filed
13/10/2017	Confirmation Statement
31/03/2017	Payment Data Update Received
10/01/2017	New Accounts Filed
10/01/2017	New Accounts Filed
18/10/2016	Annual Returns
14/01/2016	New Accounts Filed
14/01/2016	New Accounts Filed
02/11/2015	Annual Returns
21/07/2015	Payment Data Update Received
17/07/2015	Payment Data Update Received
05/01/2015	New Accounts Filed
05/01/2015	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	3 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status	Wholly Owned
Ultimate Holding Company	SAPP HOLDINGS LTD

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\tminus.gif$ SAPP HOLDINGS LTD	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\T.gif$ PG PAPER COMPANY LTD.	SC256809	31.03.2017	N	£35,895,202
$Description: \\vivek-pc\123 Foreign Report Raw\PG Paper Company Ltd_files\L.gif$ SAPP INTERNATIONAL LTD	SC509012	31.03.2017	N

Statistics

Group	3 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	05/06/17
Date Charge Registered:	09/06/17
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SANTANDER UK PLC, AS SECURITY TRUSTEE FOR THE GROUP MEMBERS (AS DEFINED IN THE INSTRUMENT).;
Amount Secured:
Details:	NOT APPLICABLE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTYOR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	18/03/05
Date Charge Registered:	05/04/05
Date Charge Satisfied:	04/08/17
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	UNDERTAKING AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING UNCALLED CAPITAL

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
DUPORT DIRECTOR LIMITED	67	6547	27803
DUPORT SECRETARY LIMITED	75	6678	28304

Total Persons With Significant Control	2	Total Statements
Active	2	Active
Ceased	0	Ceased

Active Persons With Significant Control

Name	Mr Puneet Gupta	Kind	Individual Person With Significant Control
Address	Ground Floor West Wing, Custom House, Custom House Quay, Greenock	Country Of Residence	Scotland
Post Code	PA15 1EQ	Nationality	British
Date of Birth	07/1974	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Ownership Of Shares 25 To 50 Percent As Firm,Voting Rights 25 To 50 Percent,Right To Appoint And Remove Directors,Right To Appoint And Remove Directors As Trust,Right To Appoint And Remove Directors As Firm
Name	Mrs Poonam Gupta	Kind	Individual Person With Significant Control
Address	Custom House West Wing, Custom House Quay, Greenock	Country Of Residence	United Kingdom
Post Code	PA15 1EQ	Nationality	British
Date of Birth	08/1976	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Ownership Of Shares 25 To 50 Percent As Firm,Voting Rights 25 To 50 Percent,Voting Rights 25 To 50 Percent As Trust,Voting Rights 25 To 50 Percent As Firm,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 66.70
UK Pound	1	INR 93.14
Euro	1	INR 81.43
GBP	1	INR 93.13

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

INFORMATION DETAILS

Analysis Done by :	PRI

Report Prepared by :	TRU

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.