Company name and address

Company Summary

Additional Information

Key Financials

Mortgage Summary

Trade Debtors / Bad Debt Summary

Commentary

CCJ

Current Directors

Current Company Secretary

Financials

Statistics

Summary

Group Structure Full

Previous Director/Company Secretaries

Active Persons With Significant Control

Ceased Persons With Significant Control

Active Statements

Ceased Statements

MIRA INFORM REPORT

3decades

Report No. :	489642
Report Date :	02.02.2018

IDENTIFICATION DETAILS

Name :	ZUBAIR ADAMS LTD

Registered Office :	Pegasus House 5 Winckley Court, Mount Street, Preston, Pr1 8bu

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	28.01.2009

Com. Reg. No.:	06804128

Legal Form :	Private limited with Share Capital

Line of Business :	Wholesale of Computers, Computer Peripheral Equipment And Software

No. of Employees :	Not available

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

(30.06.2017)

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: ZUBAIR ADAMS LTD

Company No: 06804128

Registered Address: PEGASUS HOUSE 5 WINCKLEY COURT MOUNT STREET

PRESTON PR1 8BU

Registered Address PEGASUS HOUSE 5 WINCKLEY COURT
MOUNT STREET
PRESTON
PR1 8BU

Trading Address Pegasus House
5 Winckley Court
Chapel Street
Preston, Lancashire
PR1 8BU

Website Address -

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 28/01/2009

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 22/12/2017

Currency GBP

Share Capital £1

SIC07 46510

Charity Number -

SIC07 Description WHOLESALE OF COMPUTERS, COMPUTER PERIPHERAL

EQUIPMENT AND SOFTWARE

Principal Activity

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 0

Group 0 companies

Linkages 0 companies

Countries In 0 countries

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

31/03/2017 - - £43,838 -

31/12/2015 - - £27,277 -

31/12/2014 - - £15,106 -

Total Mortgage 0

Outstanding 0

Satisfied 0

Total Number of Documented Trade 0

Total Value of Documented Trade £0

This company has been treated as a Small company in respect of the rating/limit generated.
The latest Balance Sheet indicates a very positive net working capital position.
There has been an increase in shareholders funds compared with the previous balance sheet.
This company trades in an industry with a moderate level of corporate failures.

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

Title	Mr	Function	Director
Name	Zubair Shaikh	Nationality	British
Date of Birth	05/1985	Present Appointments	3
Latest Address	39 Goldfinch St, Preston, Lancashire	Appointment Date	28/01/2009
Post Code	PR1 6SY
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ZUBAIR SHAIKH	GBP	1	ORDINARY	1	100
1

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	65	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Depreciation	-	-	£80	37.9%	£58	-28.4%	£81	-28.9%	£114
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Tangible Assets	£172	-24.6%	£228	14%	£200	-22.5%	£258	-23.9%	£339
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Fixed Assets	£172	-24.6%	£228	14%	£200	-22.5%	£258	-23.9%	£339
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Stock	0	-100%	£8,207	-44.9%	£14,894	-	0	-100%	£7,560
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Trade Debtors	£124,355	32.9%	£93,559	1.5%	£92,208	8.4%	£85,037	9%	£78,007
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Cash	0	-100%	£544	-98.2%	£30,572	-	0	-100%	£1,915
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Current Assets	£124,355	21.5%	£102,310	-25.7%	£137,674	61.9%	£85,037	-2.8%	£87,482
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Trade Creditors	£80,689	7.2%	£75,261	-38.7%	£122,768	34.7%	£91,138	-1%	£92,078
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Current Liabilities	£80,689	7.2%	£75,261	-38.7%	£122,768	34.7%	£91,138	-1%	£92,078
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Called Up Share Capital	-	-100%	£100	-	£100	-	£100	-	£100
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	P & L Account Reserve	£43,838	61.3%	£27,177	81.1%	£15,006	352.5%	-£5,943	-36.4%	-£4,357
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Shareholder Funds	£43,838	60.7%	£27,277	80.6%	£15,106	358.5%	-£5,843	-37.3%	-£4,257

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Net Worth	£43,838	60.7%	£27,277	80.6%	£15,106	358.5%	-£5,843	-37.3%	-£4,257
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Working Capital	£43,666	61.4%	£27,049	81.5%	£14,906	344.3%	-£6,101	-32.7%	-£4,596
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Assets	£124,527	21.4%	£102,538	-25.6%	£137,874	61.6%	£85,295	-2.9%	£87,821
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Liabilities	£80,689	7.2%	£75,261	-38.7%	£122,768	34.7%	£91,138	-1%	£92,078
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Net Assets	£43,838	60.7%	£27,277	80.6%	£15,106	358.5%	-£5,843	-37.3%	-£4,257

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Capital Employed	£43,838	60.7%	£27,277	80.6%	£15,106	358.5%	-£5,843	-37.3%	-£4,257
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Current ratio	1.54	1.36	1.12	0.93	0.95
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Equity in %	35.20	26.60	11	-6.90	-4.80
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Liquidity/Acid Test	1.54	1.25	1	0.93	0.86
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Current Debt Ratio	1.84	2.75	8.12	-15.59	-21.62
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Total Debt Ratio	1.84	2.75	8.12	-15.59	-21.62
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Zubair Adams Ltd ta SSM Export_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Group	-
Linkages	0 companies
Countries	In 0 countries

Holding Company	-
Ownership Status
Ultimate Holding Company	-

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Name	Mr Zubair Shaikh	Kind	Individual Person With Significant Control
Address	39 Goldfinch Street, Preston	Country Of Residence	United Kingdom
Post Code	PR1 6SY	Nationality	British
Date of Birth	05/1985	Notified On	08/01/2017
Nature Of Control	Significant Influence Or Control,Significant Influence Or Control As Trust,Significant Influence Or Control As Firm

No Ceased Persons With Significant Control To Display

No Active Statements To Display

Current Active Appointments

Previous Appointments

Dissolved Companies

Yusuf Adedamola Adeola

Total Persons With Significant Control

Total Statements

Active

Active

Ceased

Ceased

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.61
UK Pound	1	INR 89.32
Euro	1	INR 78.95
GBP	1	INR 91.38

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

INFORMATION DETAILS

Analysis Done by :	PRA

Report Prepared by :	KET

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.