3decades

MIRA INFORM REPORT

Report No. :	489090
Report Date :	01.02.2018

IDENTIFICATION DETAILS

Name :	ASDA STORES LIMITED

Formerly Known As :	ASSOCIATED DAIRIES LIMITED

Registered Office :	Asda House South Bank Great Wilson Street LS11 5AD

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	19.02.1949

Com. Reg. No.:	00464777

Legal Form :	Private limited with Share Capital

Line of Business :	· Other retail sale in non-specialised stores · The retail of Food, clothing, general merchandise, fuel and services.

No. of Employees :	157207 (2016)

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

(30.06.2017)

Current Rating

(30.09.2017)

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

ASDA STORES LIMITED

ASDA HOUSE SOUTH BANK GREAT WILSON STREET LS11 5AD

Company No.

00464777

Company Status

Active - Accounts Filed

Company Summary

Registered Address ASDA HOUSE
SOUTH BANK
GREAT WILSON STREET
LS11 5AD

Trading Address Asda House
Great Wilson Street
Leeds
West Yorkshire
LS11 5AD

Website Address http://www.direct.asda.com

Telephone Number 01132435435

Fax Number

TPS No

FPS Yes

Incorporation Date 19/02/1949

Previous Name ASSOCIATED DAIRIES LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 25/08/1987

Filing Date of Accounts 24/07/2017

Currency GBP

Share Capital £757,586,369

SIC07 47190

Charity Number -

SIC07 Description OTHER RETAIL SALE IN NON-SPECIALISED STORES

Principal Activity The retail of Food, clothing, general merchandise,fuel and services. T/O = Revenue.

Additional Information

CCJ's 53 (£181,246)

23/01/2018 COUNTY COURT MONEY CLAIMS CENTRE £4,056 Judgment

12/01/2018 COUNTY COURT MONEY CLAIMS CENTRE £804 Judgment

21/12/2017 CROYDON £28,920 Judgment

Ultimate Holding Company WALMART STORES, INC.

Accountant -

Mortgages 7

Trade Debtors -

Group 52 companies

Linkages 41 companies

Countries In 7 countries

Key Financials

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

31/12/2016 £21,408,500,000 £477,200,000 £5,361,900,000 157207

31/12/2015 £22,066,000,000 £633,300,000 £5,513,700,000 163514

31/12/2014 £23,156,700,000 £601,800,000 £5,227,700,000 117362

Mortgage Summary

Total Mortgage 7

Outstanding 4

Satisfied 3

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 23

Total Value of Documented Trade £223,139

Commentary

This is a very large company with total assets in excess of £5 billion and shareholders' funds greater than £50 million.

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.

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.

CCJ

*Total Number of Exact CCJs -	40	Total Value of Exact CCJs -	£143,488
Total Number of Possible CCJs –	1	Total Value of Possible CCJs -	£500
Total Number of Satisfied CCJs -	13	Total Value of Satisfied CCJs -	£37,758
Total Number of Writs -	-

Total Current Directors	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	80	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Alejandro Russo	Nationality	British
Date of Birth	07/1971	Present Appointments	33
Latest Address	Asda House, South Bank, Great Wilson Street, Leeds	Appointment Date	02/02/2014
Post Code	LS11 5AD
Title	Mr	Function	Director
Name	Roger Michael Burnley	Nationality	British
Date of Birth	06/1966	Present Appointments	31
Latest Address	Asda House, South Bank, Great Wilson Street, Leeds	Appointment Date	21/11/2016
Post Code	LS11 5AD

Title	Mr	Function	Director
Name	Alexander Simpson	Nationality	British
Date of Birth	06/1973	Present Appointments	29
Latest Address	Asda House, South Bank, Great Wilson Street, Leeds	Appointment Date	11/12/2017
Post Code	LS11 5AD

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Alexander Simpson	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Asda House, South Bank, Great Wilson Street, Leeds	Appointment Date	01/06/2013
Post Code	LS11 5AD

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ASDA GROUP LTD	GBP	566,781,240	ORDINARY REDEEMABLE	1	74.81
ASDA GROUP LTD	GBP	190,805,129	ORDINARY	1	25.19

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
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Turnover	£21,408,500,000	-3%	£22,066,000,000	-4.7%	£23,156,700,000	-0.6%	£23,299,400,000	2.1%	£22,813,900,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Wages & Salaries	£2,455,600,000	2.7%	£2,391,700,000	-4.9%	£2,513,700,000	2%	£2,464,100,000	0%	£2,464,700,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Directors Emoluments	£5,800,000	-21.6%	£7,400,000	-16.9%	£8,900,000	-5.3%	£9,400,000	2%	£9,220,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Operating Profit	£384,500,000	-29.4%	£545,000,000	1.7%	£535,700,000	3.1%	£519,400,000	19.7%	£433,900,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Depreciation	£328,500,000	-7%	£353,100,000	13.4%	£311,300,000	-8.3%	£339,300,000	7.1%	£316,900,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Audit Fees	£200,000	-	£200,000	-	£200,000	-	£200,000	-	£200,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Interest Payments	£135,200,000	7.1%	£126,200,000	287.1%	£32,600,000	12.8%	£28,900,000	-78.7%	£135,900,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Pre Tax Profit	£477,200,000	-24.6%	£633,300,000	5.2%	£601,800,000	-0.5%	£605,100,000	25.1%	£483,500,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Taxation	-£96,700,000	20.3%	-£121,300,000	7.2%	-£130,700,000	-5.7%	-£123,600,000	-18.8%	-£104,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Profit After Tax	£380,500,000	-25.7%	£512,000,000	8.7%	£471,100,000	-2.2%	£481,500,000	26.9%	£379,500,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Dividends Payable	£300,000,000	46.3%	£205,000,000	2.5%	£200,000,000	29%	£155,000,000	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Retained Profit	£80,500,000	-73.8%	£307,000,000	13.2%	£271,100,000	-17%	£326,500,000	-14%	£379,500,000

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Tangible Assets	£5,255,900,000	1.4%	£5,184,600,000	2.1%	£5,080,200,000	-6.3%	£5,424,400,000	0.3%	£5,408,400,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Intangible Assets	£165,200,000	-9.1%	£181,700,000	2.9%	£176,500,000	29.2%	£136,600,000	563.1%	£20,600,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Fixed Assets	£5,421,100,000	1%	£5,366,300,000	2.1%	£5,256,700,000	-5.5%	£5,561,000,000	2.4%	£5,429,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Stock	£1,031,900,000	-6%	£1,097,400,000	-1.3%	£1,112,300,000	4%	£1,069,800,000	-3.3%	£1,105,800,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Trade Debtors	£132,500,000	8.3%	£122,300,000	-16.4%	£146,300,000	13.4%	£129,000,000	8.2%	£119,200,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Cash	£284,900,000	77.1%	£160,900,000	-24.9%	£214,300,000	-	0	-100%	£365,400,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Other Debtors	£3,271,200,000	12.4%	£2,910,900,000	12.3%	£2,591,200,000	16.6%	£2,222,800,000	66.4%	£1,335,900,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	£1,300,000	8.3%	£1,200,000	-	£1,200,000	-	£1,200,000	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Current Assets	£4,721,800,000	10%	£4,292,700,000	5.6%	£4,065,300,000	18.8%	£3,422,800,000	17%	£2,926,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Trade Creditors	£2,403,800,000	10.8%	£2,169,000,000	1.9%	£2,128,900,000	6.3%	£2,003,200,000	3.5%	£1,935,200,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-100%	£8,100,000	-93%	£115,400,000	999.9%	£100,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Other Short Term Finance	£400,300,000	28.3%	£311,900,000	46.8%	£212,500,000	23.5%	£172,000,000	106.5%	£83,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£772,000,000	-4.7%	£810,400,000	-5.2%	£855,200,000	0.8%	£848,300,000	-1.2%	£859,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Current Liabilities	£3,576,100,000	8.7%	£3,291,300,000	2.7%	£3,204,700,000	2.1%	£3,138,900,000	9.1%	£2,877,600,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£1,204,900,000	41.1%	£854,000,000	-4.9%	£897,700,000	89.1%	£474,700,000	29.4%	£366,800,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Other Long Term Finance	£165,900,000	6.3%	£156,000,000	21.1%	£128,800,000	21.9%	£105,700,000	999.9%	£4,200,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£1,204,900,000	41.1%	£854,000,000	-4%	£889,600,000	147.6%	£359,300,000	-2%	£366,700,000

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Called Up Share Capital	£757,600,000	-	£757,600,000	-	£757,600,000	-	£757,600,000	-	£757,600,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	P & L Account Reserve	£3,499,900,000	-4.7%	£3,672,300,000	8.7%	£3,378,400,000	-7.6%	£3,658,200,000	11.4%	£3,283,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-100%	£119,500,000	-0.5%	£120,100,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Sundry Reserves	£1,104,400,000	1.9%	£1,083,800,000	-0.7%	£1,091,700,000	14.9%	£950,300,000	-	£950,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Shareholder Funds	£5,361,900,000	-2.8%	£5,513,700,000	5.5%	£5,227,700,000	-4.7%	£5,485,600,000	7.3%	£5,111,000,000

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Net Worth	£5,196,700,000	-2.5%	£5,332,000,000	5.6%	£5,051,200,000	-5.6%	£5,349,000,000	5.1%	£5,090,400,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Working Capital	£1,145,700,000	14.4%	£1,001,400,000	16.4%	£860,600,000	203.1%	£283,900,000	483%	£48,700,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Assets	£10,142,900,000	5%	£9,659,000,000	3.6%	£9,322,000,000	3.8%	£8,983,800,000	7.5%	£8,355,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Liabilities	£4,781,000,000	15.3%	£4,145,300,000	1.2%	£4,094,300,000	17%	£3,498,200,000	7.8%	£3,244,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Net Assets	£5,361,900,000	-2.8%	£5,513,700,000	5.5%	£5,227,700,000	-4.7%	£5,485,600,000	7.3%	£5,111,000,000

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	YES	-	YES	-	YES	-	NO	-	YES
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Capital Employed	£6,566,800,000	3.1%	£6,367,700,000	4.1%	£6,117,300,000	4.7%	£5,844,900,000	6.7%	£5,477,700,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Number of Employees	157207	-3.9%	163514	39.3%	117362	-33.6%	176637	-1.2%	178792
	Accountants
	Auditors	ERNST & YOUNG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code	60-60-05

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	2.23	2.87	2.60	2.60	2.12
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Current ratio	1.32	1.30	1.27	1.09	1.02
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	18.69	22.04	26.91	82.07	468.46
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Gearing %	22.50	15.50	17.20	8.70	7.20
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Equity in %	53.70	58.20	57.20	62	61.30
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Creditor Days	40.87	35.77	33.46	31.29	30.87
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Debtor Days	2.25	2.01	2.29	2.01	1.90
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.03	0.97	0.92	0.74	0.63
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Return On Capital Employed %	7.26	9.94	9.83	10.35	8.82
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	4.70	6.55	6.45	6.73	5.78
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.66	0.59	0.61	0.57	0.56
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.89	0.75	0.78	0.63	0.63
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	4.82	4.97	4.80	4.59	4.84
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	8.89	11.48	11.51	11.03	9.45

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
03/01/2018	Mr S.J. Clarke has left the board
28/12/2017	Mr A.S. Hemmerdinger has left the board
21/12/2017	New Board Member Mr A. Simpson appointed
20/12/2017	New Board Member Mr A.S. Hemmerdinger appointed
10/10/2017	Confirmation Statement
03/08/2017	New Accounts Filed
03/08/2017	New Accounts Filed
01/12/2016	New Board Member Mr R.M. Burnley appointed
24/11/2016	New Board Member Mr R.M. Burnley appointed
23/11/2016	Mr A. Murray has left the board
23/11/2016	Mrs H.M. Tatum has left the board
23/11/2016	Mr A.J. Moore has left the board
28/10/2016	Annual Returns
11/09/2016	New Accounts Filed
11/09/2016	New Accounts Filed

Previous Company Names

Date	Previous Name
25/08/1987	ASSOCIATED DAIRIES LIMITED

Writ Details

No writs found

Statistics

Group	52 companies
Linkages	41 companies
Countries	In 7 countries

Summary

Holding Company	ASDA GROUP LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	WALMART STORES, INC.

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WALMART STORES, INC.		-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ BROAD STREET EUROPEAN...	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ MAIN STREET 824 (PROPR...	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WM SA INVESTMENTS LI...	07543859	31.01.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ WMGS EUROPE LIMITED	10162182	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ MASSMART HOLDINGS	N/A	25.12.2016	-	€9,318,641,368
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ IMAGEGATE LIMITED	02908634	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ SPRUCE FINANCE, LIMITED	IE573709	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ WAL-MART EURO FINANCE...	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WAL-MART HOLDINGS INTE...	CHE109859236	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ GLOBAL GEORGE LIMITED	05657484	31.12.2016	N	£795,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ WALMART EMEA LIMITED	07415299	31.01.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WMGS SERVICES LTD	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ WMGS U.K. LTD	05341924	30.06.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WMT CAMBRIDGE LLC	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ BROADSTREET GREAT WI...	04521152	31.12.2016	Y	£21,663,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ WAL-MART STORES (U...	03759197	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ ASDA HOLDINGS UK...	03918551	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ ASDA GROUP LIMITED	01396513	31.12.2016	Y	£21,666,300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ ASDA STORES L...	00464777	31.12.2016	N	£21,408,500,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA STORAG...	02239740	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ NORDICLINE...	02876040	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ESSENCEREAL...	03636566	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA DELIVE...	03873501	31.12.2016	N	£263,390
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ EVER 1295 L...	03922821	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ GEORGE SOUR...	04007013	31.12.2016	N	£1,751,116
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA HOME S...	IE546007	31.12.2016	N	€25,746,029
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA SUPERM...	04144792	31.12.2016	N	£1,320,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ EVER 2010 L...	02519748	31.12.2016	N	£2,129,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ERTECO U....	02689278	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ EVER 2010...	02519745	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ EVER 2010...	03106480	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ INTERNATION...	05104448	30.12.2016	N	£241,484,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ SELBY PRO...	08753274	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ WESTRY PR...	09259075	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ FORZA AW...	05967526	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ FORZA F...	07224571	31.12.2016	N	£67,627,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ KOBER LIM...	07443319	31.12.2016	N	£25,989,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ VINPACK L...	07291940	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ MCLAGAN INVES...	02127156	31.12.2016	N	£419,464,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ THE BURWOOD...	02403767	31.12.2016	N	£61,687,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ CHORLEY REN...	06310474	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ REACH BELVE...	05050814	28.02.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA QUEST TR...	03379444	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA FINANCIA...	04562707	31.12.2016	N	£30,499,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ POWER4ALL LIM...	06222064	31.12.2016	N	£111,185,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\T.gif$ ASDA EMPLOYEE...	00089218	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ ASDA SOUTHBAN...	02686810	31.12.2016	N	£200,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\tminus.gif$ BANDSOUND L...	02339290	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ THE GEORG...	02798305	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ PORTH INVESTM...	04160026	31.12.2016	N	£1,375,000
$Description: \\Vivek-pc\123 Foreign Report Raw\ASDA STORES LIMITED_files\L.gif$ CORINTH INVESTMEN...	02582550	31.12.2016	N

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
23/01/2018	COUNTY COURT MONEY CLAIMS CENTRE	£4,056	Judgment	D00YY037	-
12/01/2018	COUNTY COURT MONEY CLAIMS CENTRE	£804	Judgment	D99YX319	-
21/12/2017	CROYDON	£28,920	Judgment	C25YP171	-
20/12/2017	COUNTY COURT MONEY CLAIMS CENTRE	£2,816	Judgment	D02YY931	-
06/12/2017	COUNTY COURT BUSINESS CENTRE	£1,822	Judgment	D8EB72KK	-
20/07/2017	COUNTY COURT MONEY CLAIMS CENTRE	£2,043	Judgment	D48YX195	-
14/06/2017	COUNTY COURT MONEY CLAIMS CENTRE	£675	Judgment	C88YJ074	-
06/06/2017	COUNTY COURT MONEY CLAIMS CENTRE	£15,462	Satisfied	D62YJ425	23/07/2017
21/02/2017	COUNTY COURT MONEY CLAIMS CENTRE	£3,166	Satisfied	D05YX160	15/06/2017
18/02/2017	COUNTY COURT MONEY CLAIMS CENTRE	£1,464	Judgment	C40YP306	-
19/01/2017	COUNTY COURT BUSINESS CENTRE	£5,695	Judgment	C0QZ4Y8W	-
04/01/2017	COUNTY COURT BUSINESS CENTRE	£5,266	Satisfied	C8EB0Y2V	15/02/2017
23/11/2016	COUNTY COURT BUSINESS CENTRE	£537	Satisfied	C8QZ1R4H	21/02/2017
25/10/2016	DARTFORD	£13,141	Judgment	C71YJ183	-
21/09/2016	COUNTY COURT BUSINESS CENTRE	£47	Judgment	C1QZ0D6F	-
12/08/2016	COUNTY COURT BUSINESS CENTRE	£296	Judgment	C2QZ19K4	-
19/05/2016	COUNTY COURT BUSINESS CENTRE	£656	Satisfied	B5QZ0J9M	02/08/2016
03/12/2015	COUNTY COURT BUSINESS CENTRE	£8,990	Judgment	B4QZ0F8V	-
05/10/2015	COUNTY COURT BUSINESS CENTRE	£535	Satisfied	B3QZ97W6	01/12/2015
25/09/2015	COUNTY COURT MONEY CLAIMS CENTRE	£300	Judgment	B56YM021	-
09/09/2015	COUNTY COURT BUSINESS CENTRE	£7,157	Judgment	B4QZ1J59	-
20/08/2015	COUNTY COURT BUSINESS CENTRE	£65	Judgment	B4QZ2C02	-
27/02/2015	BIRKENHEAD	£455	Judgment	B00BI813	-
28/01/2015	GLOUCESTER	£2,922	Judgment	A00GL764	-
17/12/2014	COUNTY COURT BUSINESS CENTRE	£172	Satisfied	A2FT025T	06/09/2017
01/12/2014	COUNTY COURT MONEY CLAIMS CENTRE	£550	Judgment	A63YP756	-
20/11/2014	COUNTY COURT BUSINESS CENTRE	£2,497	Satisfied	A3CX139J	22/01/2015
05/11/2014	COUNTY COURT MONEY CLAIMS CENTRE	£7,927	Judgment	A21YP450	-
09/09/2014	COUNTY COURT MONEY CLAIMS CENTRE	£913	Judgment	A76YM910	-
08/09/2014	COUNTY COURT BUSINESS CENTRE	£143	Judgment	A9QZ551A	-
15/07/2014	COUNTY COURT BUSINESS CENTRE	£1,158	Satisfied	A1XJ0140	26/08/2014
30/04/2014	COUNTY COURT MONEY CLAIMS CENTRE	£802	Judgment	A55YJ272	-
10/01/2014	NORTHAMPTON CCMCC	£2,227	Judgment	3YU10840	-
04/12/2013	NORTHAMPTON CCMCC	£4,988	Judgment	3YQ01794	-
02/12/2013	NORTHAMPTON CCBC	£1,555	Judgment	3QZ49798	-
26/11/2013	NORTHAMPTON CCBC	£955	Judgment	3QZ47680	-
30/10/2013	EXETER	£395	Judgment	3EX00870	-
23/10/2013	NORTHAMPTON CCBC	£1,060	Judgment	3QZ32700	-
14/10/2013	NORTHAMPTON CCBC	£3,048	Judgment	3QZ28275	-
19/09/2013	NORTHAMPTON CCMCC	£5,692	Judgment	3YQ50908	-
28/08/2013	NORTHAMPTON CCBC	£377	Satisfied	3XZ72705	15/10/2013
05/08/2013	NORTHAMPTON CCBC	£7,473	Satisfied	3QT90615	09/09/2013
03/07/2013	NORTHAMPTON CCMCC	£3,253	Judgment	3YK62093	-
05/06/2013	PLYMOUTH	£430	Judgment	3PL00441	-
22/04/2013	NORTHAMPTON CCMCC	£2,761	Judgment	3YK07877	-
09/01/2013	NORTHAMPTON CCBC	£350	Satisfied	2QZ58687	04/03/2013
08/11/2012	NORTHAMPTON CCBC	£306	Judgment	2XQ24419	-
02/11/2012	NORTHAMPTON CCMCC	£23,490	Judgment	2YM24243	-
04/09/2012	NORTHAMPTON CCMCC	£589	Judgment	2YL02565	-
03/08/2012	PORTSMOUTH	£164	Judgment	2PO00552	-
29/06/2012	NORTHAMPTON CCBC	£109	Satisfied	2XQ75306	09/04/2013
20/06/2012	NORTHAMPTON CCMCC	£285	Judgment	2YJ75211	-
15/05/2012	NORTHAMPTON CCBC	£287	Judgment	2QR51123	-

Possible CCJs Details

Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

Date	Court	Amount	Status	Case Number	Date Paid	Registered CCJ Details
09/02/2012	WOOLWICH	£500	Judgment	2IR00068	-	ASDA SUPERMARKET LIMITED, ASDA HOUSE, SOUTHBANK, GREAT WILSON STREET, LS11 5AD, LS11 5AD

Mortgage Details

Mortgage Type:	MORTGAGE
Date Charge Created:	23/04/97
Date Charge Registered:	30/04/97
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	UNIVERSITY OF HERTFORDSHIRE HIGHER EDUCATION CORPORATION
Amount Secured:	£1,850,000 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE MORTGAGE
Details:	L/H PROPERTY K/A ASQUITH HOUSE HATFIELDT/NO.HD261615 TOGETHER WITH ALL BUILDINGS FIXTURES (INCLUDINGTRADE FIXTURES) AND FIXED PLANT AND MACHINERY FROM TIME TO TIME ON THE PROPERTY
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	07/02/96
Date Charge Registered:	21/02/96
Date Charge Satisfied:	11/06/98
Status:	SATISFIED
Person(s) Entitled:	UNITED KINGDOM PROPERTY COMPANY PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE PURSUANT TO THE PROVISIONS OF AN AGREEMENT DATED 23RD JANUARY 1996
Details:	LAND AND BUILDINGS SITUATE AT HANDSWORTH ROAD SHEFFIELD T/NO SYK363512 AND SYK340361

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/04/89
Date Charge Registered:	28/04/89
Date Charge Satisfied:	19/12/91
Status:	SATISFIED
Person(s) Entitled:	ARROWCROFT ESTATES LIMITED.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF A LEGAL CHARGE DATED 23/12/88 AND THIS CHARGE
Details:	1)PROPERTY AT BURTON ROAD KENDAL CUMBRIA WITH ALL BUILDINGS AND OTHER STRUCTURES 2)FIXED EQUITABLE CHARGE THE BENEFIT OF:-A) EACH AND ALL OF THE CONTRACTSB) THE COPYRIGHTS AND RIGHTS IN THE NATURE OFCOPYRIGHT VESTED IN THE MORTGAGORC) ALL GUARANTEES AND WARRANTEESD) ALL INSURANCE POLICIES
Mortgage Type:	FURTHER CHARGE
Date Charge Created:	08/07/86
Date Charge Registered:	09/07/86
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SUN LIFE ASSURANCE COMPANY OF CANADA.
Amount Secured:	£225,000 AND ALL MONEYS DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE PRINCIPAL DEED DATED 24/8/71
Details:	ALL THAT PLOT OF LAND SITUATE OFF CORPORATION STREET, COLNE LANCASHIRE CONTAINING 1.38 ACRES OR THEREABOUTS.

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	03/07/86
Date Charge Registered:	07/07/86
Date Charge Satisfied:	14/05/97
Status:	SATISFIED
Person(s) Entitled:	STC PROPERTIES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE LEGAL CHARGE.
Details:	L/H PROPERTY AT CROWHURST ROAD HOLLINGBURY BRIGHTON EAST SUSSEX.
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	15/07/70
Date Charge Registered:	22/08/72
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LEGAL & GENERAL ASSURANCE SOCIETY LTD.
Amount Secured:	SECURING £200,000
Details:	ASDA STORE (FORMERLY SOHO WORKS) SOHO STREET, WIGAN, LANCS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/08/71
Date Charge Registered:	26/08/71
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SUN LIFE ASSURANCE CO OF CANADA
Amount Secured:	£225,000
Details:	LAND & BUILDINGS & FIXTURES IN CORPORATION STREET COLNE LANCS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.69
UK Pound	1	INR 90.35
Euro	1	INR 79.21
GBP	1	INR 90.36

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

INFORMATION DETAILS

Analysis Done by :	NIS

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.

Name	Number	Latest Key Financials	Turnover
WILLIAMS FURNITURE LIMITED	00233880	31.12.2001
BROADSTREET EUROPEAN HOLDINGS B.V.	24343962	31.01.2017
ASDA FINANCE LIMITED	00862288	31.10.2002
INTERNATIONAL PROCUREMENT AND LOGISTICS (SPAIN)	1761313	31.12.2016	€1,540,955
BROADSTREET GLOBAL ACTIVITIES GMBH IN LIQUIDATION	4771838	-
ARRENDADORA DE CENTROS COMERCIALES SRL	ACC8608159Y1	-
ARRENDADORA DE RESTAURANTES SRL	ARE8708273A6	-
ARRENDADORA ROALSA SRL	ARO920611K2A	-
BODEGA AURRERA SA DE CV	BAU860513SU4	-
BOCASA BIENES RAICES SRL	BBR9206112V6	-
BIENES INMUEBLES SELECTOS SRL	BIS880308B27	-
BIENES RAICES BALEARES SRL	BRB910118HA9	-
BIENES RAICES EL OLMO SRL	BRO910118HK3	-
BIENES RAICES DEL REAL SRL	BRR870826FI4	-
COMERCIALIZADORA SBC SA	CSB980623V19	-
DESARROLLO INMOBILIARIO PLAZA ORIENTE SRL	DIP910404PD3	-
INMOBILIARIA AURRERA LOMAS SRL	IAL800130931	-
INMOBILIARIA ALAGOAS SRL	IAL920814N10	-
INMOBILIARIA Y ARRENDADORA LA PALMA SRL	IAP8710133S1	-
INMOBILIARIA AURRERA UNIVERSIDAD SRL	IAU800130TB9	-