MIRA INFORM REPORT

Report No. :	505598
Report Date :	28.04.2018

IDENTIFICATION DETAILS

Name :	TPS VISUAL COMMUNICATIONS LIMITED

Formerly Known As :	TRADE PHOTOGRAPHIC SERVICES LIMITED

Registered Office :	Warner House, Jubilee Business Park, Jubilee Road, Letchworthsg6 1sp

Country :	United Kingdom

Financials (as on) :	31.05.2017

Date of Incorporation :	16.05.1983

Com. Reg. No.:	01723618

Legal Form :	Private limited with Share Capital

Line of Business :	· Other manufacturing n.e.c. · Photography, digital printing, finishing and display manufacture and installation.

No. of Employees :	47

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 :	Slow but Correct

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: TPS VISUAL COMMUNICATIONS LIMITED

Company No: 01723618

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: WARNER HOUSEJUBILEE BUSINESS PARKJUBILEE ROAD LETCHWORTHSG6

Company Name

TPS VISUAL COMMUNICATIONS LIMITED

Company Number

01723618

Company Summary

Registered Address WARNER HOUSE
JUBILEE BUSINESS PARK
JUBILEE ROAD LETCHWORTH
SG6 1SP

Trading Address Warner House
Jubilee Business Park
Jubilee Road Letchworth
Herts
SG6 1SP

Website Address http://www.tpsvisualcommunications.com

Telephone Number 01462650700

Fax Number

TPS No

FPS Yes

Incorporation Date 16/05/1983

Previous Name TRADE PHOTOGRAPHIC SERVICES LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 28/11/2000

Filing Date of Accounts 21/02/2018

Currency GBP

Share Capital £2,000

SIC07 32990

Charity Number -

SIC07 Description OTHER MANUFACTURING N.E.C.

Principal Activity Photography, digital printing, finishing and display manufacture and installation.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant BARKER WILKINSON LIMITED

Mortgages 4

Trade Debtors -

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/05/2017 - - £1,636,670 47

31/05/2016 £8,130,550 £133,741 £1,488,052 -

31/05/2015 £5,588,882 £113,505 £1,521,453 -

Mortgage Summary

Total Mortgage 4

Outstanding 4

Satisfied 0

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 2

Total Value of Documented Trade £5,349

Commentary

This company has only made late payments on a low percentage of invoices.

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.

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	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Arthur Ayodele Davies	Nationality	British
Date of Birth	01/1955	Present Appointments	2
Latest Address	Dairy Cottage, 103 Norton Road, Letchworth, Hertfordshire	Appointment Date	14/11/1991
Post Code	SG6 1AG
Title	Mr	Function	Director
Name	Lawrence Thomas William Alderman	Nationality	British
Date of Birth	02/1955	Present Appointments	2
Latest Address	Poplars Farm, Roe Green Sandon, Buntingford, Hertfordshire	Appointment Date	14/11/1991
Post Code	SG9 0QE

Title	Mr	Function	Director
Name	Mark Adams	Nationality	British
Date of Birth	10/1969	Present Appointments	2
Latest Address	35 Farthing Drive, Letchworth, Hertfordshire	Appointment Date	01/06/2003
Post Code	SG6 2TR

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Kelly Jane Pearce	Nationality	British
Date of Birth	02/1971	Present Appointments	3
Latest Address	38 Lapwing Rise, Stevenage, Hertfordshire	Appointment Date	23/12/2005
Post Code	SG2 9NH

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MR LAWRENCE THOMAS WILLIAM ALDERMAN	GBP	1,980	ORDINARY	1	99
JAMES HENRY THOMAS ALDERMAN	GBP	20	ORDINARY	1	1
1

Financials

Profit & Loss

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Turnover	-	-	£8,130,550	45.5%	£5,588,882	-9.6%	£6,180,310	-10.6%	£6,911,377
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Cost of Sales	-	-100%	£5,459,682	78.2%	£3,063,345	-2.1%	£3,129,334	-15.9%	£3,720,204
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Gross Profit	-	-	£2,670,868	5.8%	£2,525,537	-17.2%	£3,050,976	-4.4%	£3,191,173
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	£953	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Directors Emoluments	-	-	£107,491	10.3%	£97,491	-8.1%	£106,048	-33.6%	£159,761
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Operating Profit	-	-	£147,967	21.7%	£121,580	-80.4%	£621,479	-25.8%	£837,137
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Depreciation	£89,560	-22.3%	£115,313	-18.6%	£141,611	65.9%	£85,361	-17%	£102,876
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Interest Payments	-	-	£16,265	-0.8%	£16,396	50.2%	£10,915	112.9%	£5,128
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Pre Tax Profit	-	-	£133,741	17.8%	£113,505	-81.6%	£615,361	-26.1%	£832,756
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Taxation	-	-	-£17,142	48.6%	-£33,326	76.7%	-£142,784	23%	-£185,509
	Profit After Tax	-	-	£116,599	45.4%	£80,179	-83%	£472,577	-27%	£647,247
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Dividends Payable	-	-	£150,000	-40%	£250,000	557.9%	£38,000	-84.2%	£240,000
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Retained Profit	-	-	-£33,401	80.3%	-£169,821	-139.1%	£434,577	6.7%	£407,247

Balance Sheet

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Tangible Assets	£382,477	-17.4%	£463,165	-4.5%	£485,226	-19.8%	£604,939	59%	£380,559
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Fixed Assets	£382,477	-17.4%	£463,165	-4.5%	£485,226	-19.8%	£604,939	59%	£380,559
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Stock	£659,468	59.8%	£412,639	-25.3%	£552,748	51.1%	£365,723	96.6%	£186,057
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Trade Debtors	£1,026,177	25.5%	£817,761	-33.8%	£1,235,357	-17.4%	£1,496,208	49.9%	£998,304
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Cash	£286,310	-0.9%	£289,006	127.6%	£126,981	2.3%	£124,091	14.6%	£108,299
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Other Debtors	£440,493	-16.7%	£528,693	-0.5%	£531,449	-30.9%	£768,616	2.9%	£746,663
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Current Assets	£2,412,448	17.8%	£2,048,099	-16.3%	£2,446,535	-11.2%	£2,754,638	35.1%	£2,039,323
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Trade Creditors	£564,750	19.7%	£471,654	-34.2%	£716,502	0.8%	£710,542	14.6%	£619,770
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Bank Loans & Overdrafts	£69,648	266.1%	£19,025	3.4%	£18,401	2.8%	£17,892	-	0
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Other Short Term Finance	£46,000	-36.2%	£72,149	-6.4%	£77,065	148.1%	£31,065	-	£31,065
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Miscellaneous Current Liabilities	£185,625	9.4%	£169,719	-20.3%	£212,959	-64.4%	£598,949	59.6%	£375,266
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Current Liabilities	£866,023	18.2%	£732,547	-28.5%	£1,024,927	-24.6%	£1,358,448	32.4%	£1,026,101
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£361,880	16.9%	£309,690	-23.3%	£403,782	23.2%	£327,747	139.1%	£137,084
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Other Long Term Finance	£49,833	-48%	£95,833	-43%	£167,982	193.6%	£57,214	-35.2%	£88,279
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Long Term Liabilities	£292,232	0.5%	£290,665	-24.6%	£385,381	24.4%	£309,855	126%	£137,084

Capital & Reserves

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Called Up Share Capital	£2,000	-	£2,000	-	£2,000	-	£2,000	-	£2,000
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	P & L Account Reserve	£1,634,670	10%	£1,486,052	-2.2%	£1,519,453	-10.1%	£1,689,274	34.6%	£1,254,697
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Shareholder Funds	£1,636,670	10%	£1,488,052	-2.2%	£1,521,453	-10%	£1,691,274	34.6%	£1,256,697

Other Financial Items

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Net Worth	£1,636,670	10%	£1,488,052	-2.2%	£1,521,453	-10%	£1,691,274	34.6%	£1,256,697
	Working Capital	£1,546,425	17.5%	£1,315,552	-7.5%	£1,421,608	1.8%	£1,396,190	37.8%	£1,013,222
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Assets	£2,794,925	11.3%	£2,511,264	-14.3%	£2,931,761	-12.7%	£3,359,577	38.8%	£2,419,882
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Liabilities	£1,158,255	13.2%	£1,023,212	-27.4%	£1,410,308	-15.5%	£1,668,303	43.4%	£1,163,185
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Net Assets	£1,636,670	10%	£1,488,052	-2.2%	£1,521,453	-10%	£1,691,274	34.6%	£1,256,697

Cash Flow

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Capital Employed	£1,928,902	8.4%	£1,778,717	-6.7%	£1,906,834	-4.7%	£2,001,129	43.6%	£1,393,781
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Number of Employees	47	-	-	-	-	-	-	-	-
	Accountants	BARKER WILKINSON LIMITED
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/05/17	31/05/16	31/05/15	31/05/14	31/05/13
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Pre-tax profit margin %	-	1.64	2.03	9.96	12.05
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Current ratio	2.79	2.80	2.39	2.03	1.99
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Sales/Net Working Capital	-	6.18	3.93	4.43	6.82
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Gearing %	22.10	20.80	26.50	19.40	10.90
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Equity in %	58.60	59.30	51.90	50.30	51.90
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Creditor Days	-	21.11	46.66	41.84	32.64
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Debtor Days	-	36.61	80.45	88.12	52.57
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Liquidity/Acid Test	2.02	2.23	1.84	1.75	1.80
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Return On Capital Employed %	-	7.51	5.95	30.75	59.74
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Return On Total Assets Employed %	-	5.32	3.87	18.31	34.41
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Current Debt Ratio	0.52	0.49	0.67	0.80	0.81
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Total Debt Ratio	0.70	0.68	0.92	0.98	0.92
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Stock Turnover Ratio %	-	5.07	9.89	5.91	2.69
$Description: \\vivek-pc\E\2\TPS Visual Communications_files\barchart-grey.png$	Return on Net Assets Employed %	-	8.98	7.46	36.38	66.26

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
23/02/2018	New Accounts Filed
23/02/2018	New Accounts Filed
20/11/2017	Confirmation Statement
07/06/2017	Payment Data Update Received
06/06/2017	Payment Data Update Received
08/03/2017	Payment Data Update Received
07/03/2017	New Accounts Filed
07/03/2017	New Accounts Filed
07/03/2017	Payment Data Update Received
01/03/2017	Payment Data Update Received
11/11/2016	Annual Returns
08/04/2016	Payment Data Update Received
07/04/2016	Payment Data Update Received
18/03/2016	Payment Data Update Received
11/03/2016	Payment Data Update Received

Previous Company Names

Date	Previous Name
28/11/2000	TRADE PHOTOGRAPHIC SERVICES LIMITED

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	22/12/16
Date Charge Registered:	22/12/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LLOYDS BANK PLC;
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:	ALL ASSETS DEBENTURE
Date Charge Created:	31/05/12
Date Charge Registered:	08/06/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	RBS INVOICE FINANCE LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

Mortgage Type:	EQUIPMENT MORTGAGE
Date Charge Created:	22/05/00
Date Charge Registered:	23/05/00
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LAWRENCE WILLIAM THOMAS ALDERMAN
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE PURSUANT TO THE MORTGAGE
Details:	VARIOUS ITEMS OF EQUIPMENT LOCATED AT THE LASER BUILDING LONDON ROAD IND EST BALDOCK HERTS AND ALL RIGHT TITLE BENEFIT AND INTEREST OF THE COMPANY IN AND TO ALL INSURANCES SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	MORTGAGE DEBENTURE
Date Charge Created:	22/07/97
Date Charge Registered:	28/07/97
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	2	£5,349
Company Name		Amount	Statement Date
Genus Dental Interiors Limited		£2,679	03/03/2011
Panache Display Limited		£2,670	11/01/2017

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Pauline Ann Gallant	0	1	1
Sarah Elizabeth Alderman	0	1	0
Shelley Jayne Fenner	0	1	2
Mark Roderick McLennan	1	2	1
Stephen Geroldi	1	1	0

Active Persons With Significant Control

Name	Mr Lawrence Thomas William Alderman	Kind	Individual Person With Significant Control
Address	Warner House, Jubilee Business Park, Jubilee Road Letchworth, Hertfordshire	Country Of Residence	United Kingdom
Post Code	SG6 1SP	Nationality	British
Date of Birth	02/1955	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 66.78
UK Pound	1	INR 92.89
Euro	1	INR 80.74
GBP	1	INR 91.80

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

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	SYL

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.