MIRA INFORM REPORT

Report No. :	490323
Report Date :	05.02.2018

IDENTIFICATION DETAILS

Name :	FILMLIGHT LIMITED

Formerly Known As :	WAVENEY IMAGING SYSTEMS LIMITED

Registered Office :	14-15 Manette Street, London, W1d 4ap

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	01.02.2000

Com. Reg. No.:	03917536

Legal Form :	Private Limited With Share Capital

Line of Business :	· Manufacture of Photographic And Cinematographic Equipmen · group engaged in the development, design, manufacture and supply of digital systems for the professional post-production of television and feature film projects

No. of Employees :	62

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 :	Good

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

Company Name: FILMLIGHT LIMITED

Company No: 03917536

Registered Address: 14-15 MANETTE STREET LONDON W1D 4AP

Company Summary

Registered Address 14-15 MANETTE STREET
LONDON
W1D 4AP

Trading Address Artists House
14-15 Manette Street
London
W1D 4AP

Website Address http://www.filmlight.ltd.uk

Telephone Number 02072920400

Fax Number

TPS No

FPS Yes

Incorporation Date 01/02/2000

Previous Name WAVENEY IMAGING SYSTEMS LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 13/12/2002

Filing Date of Accounts 20/12/2017

Currency GBP

Share Capital £270,689

SIC07 26702

Charity Number -

SIC07 Description MANUFACTURE OF PHOTOGRAPHIC AND CINEMATOGRAPHIC

EQUIPMENT

Principal Activity A group engaged in the development, design, manufacture and supply of digital systems for the professional post-production of television and feature film projects.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company FILMLIGHT HOLDINGS LIMITED

Accountant -

Mortgages 9

Group 2 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2017 £9,767,131 £453,572 £5,836,941 62

31/03/2016 £9,035,322 £577,436 £5,994,383 52

31/03/2015 £8,364,102 -£232,948 £5,805,701 52

Mortgage Summary

Total Mortgage 9

Outstanding 2

Satisfied 7

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Medium company in respect of the rating/limit generated.
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.
This company trades in an industry with a lower level of corporate failures.

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	4	Total Current Secretaries	1

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

Current Directors

Title	Mr	Function	Director
Name	Stephen Michael Chapman	Nationality	British
Date of Birth	12/1958	Present Appointments	6
Latest Address	67 Paines Lane, Pinner, Middlesex	Appointment Date	01/02/2000
Post Code	HA5 3BX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Michael Ross Harris	Nationality	British
Date of Birth	09/1955	Present Appointments	9
Latest Address	Bay Tree House, South Weirs, Brockenhurst, Hampshire	Appointment Date	10/04/2003
Post Code	SO42 7UQ
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Mr	Function	Director
Name	Peter Stothart	Nationality	British
Date of Birth	02/1951	Present Appointments	7
Latest Address	Waimea House Thame Road, Haddenham, Aylesbury, Buckinghamshire	Appointment Date	01/04/2002
Post Code	HP17 8EW
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Wolfgang Reinhart Lempp	Nationality	German
Date of Birth	07/1954	Present Appointments	5
Latest Address	107 Jerningham Road, London	Appointment Date	01/02/2002
Post Code	SE14 5NH
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Michael Ross Harris	Nationality	British
Date of Birth	09/1955	Present Appointments	47
Latest Address	Bay Tree House, South Weirs, Brockenhurst, Hampshire	Appointment Date	15/02/2002
Post Code	SO42 7UQ
Other Actions		View Consumer Report	View Trace Report
	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
FILMLIGHT HOLDINGS LTD	GBP	541,377	ORDINARY	0.5	100
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	Y	(%)	Y	(%)	Y	(%)	Y	(%)	Y
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Turnover	£9,767,131	8.1%	£9,035,322	8%	£8,364,102	-5.5%	£8,846,757	-10.8%	£9,913,034
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	£6,928,197	-10.2%	£7,713,245
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Cost of Sales	£2,918,958	11.1%	£2,627,643	-12.7%	£3,008,820	20%	£2,507,761	-24.2%	£3,306,367
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Gross Profit	£6,848,173	6.9%	£6,407,679	19.7%	£5,355,282	-15.5%	£6,338,996	-4.1%	£6,606,667
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Wages & Salaries	£4,491,642	13.1%	£3,971,215	5.6%	£3,762,242	-3.5%	£3,900,485	-20.6%	£4,913,989
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Directors Emoluments	£318,653	-10.3%	£355,252	-4.5%	£371,909	32.4%	£280,893	-29.6%	£399,217
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Operating Profit	£454,955	-19.8%	£567,280	303.5%	-£278,706	-183.2%	£334,900	30.3%	£257,029
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Depreciation	£228,858	46.6%	£156,098	83.9%	£84,894	986.4%	£7,814	-92.5%	£103,848
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Audit Fees	£20,725	3.1%	£20,100	23.7%	£16,250	-34.8%	£24,918	15.1%	£21,648
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Interest Payments	£1,383	-	-	-100%	£4,644	-70.6%	£15,807	-48.8%	£30,876
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Pre Tax Profit	£453,572	-21.5%	£577,436	347.9%	-£232,948	-179.5%	£292,997	24.9%	£234,654
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Taxation	£371,748	76%	£211,237	-75.3%	£854,244	999.9%	£62,823	-87.5%	£501,994
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Profit After Tax	£825,320	4.6%	£788,673	26.9%	£621,296	74.6%	£355,820	-51.7%	£736,648
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Dividends Payable	£994,835	65.8%	£599,991	999.9%	£17,026	-14.9%	£20,000	-92.3%	£259,880
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Retained Profit	-£169,515	-189.8%	£188,682	-68.8%	£604,270	79.9%	£335,820	-29.6%	£476,768

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Tangible Assets	£677,805	80.1%	£376,278	184.9%	£132,051	-45.6%	£242,846	-9.4%	£268,042
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Intangible Assets	£895,434	-7.5%	£968,204	-12.3%	£1,104,180	13.8%	£970,394	55.3%	£624,802
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Fixed Assets	£1,573,239	17%	£1,344,482	8.8%	£1,236,231	1.9%	£1,213,240	35.9%	£892,844
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Stock	£2,590,637	-6.7%	£2,777,344	-3%	£2,863,757	-16.4%	£3,424,093	-2.4%	£3,508,661
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Trade Debtors	£1,852,477	-26.9%	£2,534,632	-4.5%	£2,654,616	-15.8%	£3,151,741	16.9%	£2,696,325
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Cash	£1,325,944	118.2%	£607,733	86.1%	£326,501	-31.3%	£475,189	53.7%	£309,184
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Other Debtors	£1,281,257	-23%	£1,663,292	-2.7%	£1,710,213	125.7%	£757,628	-12%	£861,362
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Current Assets	£7,050,315	-7%	£7,583,001	0.4%	£7,555,087	-3.2%	£7,808,651	5.9%	£7,375,532
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Trade Creditors	£506,437	3.4%	£489,717	3%	£475,459	22.1%	£389,419	-40.5%	£654,103
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	£402,307	232.2%	£121,086	-48.9%	£236,753	-62.8%	£636,870	-9.3%	£702,556
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Other Short Term Finance	£332,407	-	£332,407	-	£332,407	14.2%	£291,061	-	£291,061
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	£1,545,462	-22.3%	£1,989,890	2.5%	£1,940,998	-22.5%	£2,503,110	42.6%	£1,755,045
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Current Liabilities	£2,786,613	-5%	£2,933,100	-1.8%	£2,985,617	-21.9%	£3,820,460	12.3%	£3,402,765
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£402,307	232.2%	£121,086	-48.9%	£236,753	-62.8%	£636,870	-9.3%	£702,556
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Called Up Share Capital	£270,688	-	£270,688	-	£270,688	-	£270,688	-	£270,688
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	P & L Account Reserve	£5,401,941	-2.8%	£5,559,383	3.5%	£5,370,701	12.7%	£4,766,431	7.6%	£4,430,611
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Sundry Reserves	£164,312	-	£164,312	-	£164,312	-	£164,312	-	£164,312
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Shareholder Funds	£5,836,941	-2.6%	£5,994,383	3.2%	£5,805,701	11.6%	£5,201,431	6.9%	£4,865,611

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Net Worth	£4,941,507	-1.7%	£5,026,179	6.9%	£4,701,521	11.1%	£4,231,037	-0.2%	£4,240,809
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Working Capital	£4,263,702	-8.3%	£4,649,901	1.8%	£4,569,470	14.6%	£3,988,191	0.4%	£3,972,767
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Assets	£8,623,554	-3.4%	£8,927,483	1.5%	£8,791,318	-2.6%	£9,021,891	9.1%	£8,268,376
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Liabilities	£2,786,613	-5%	£2,933,100	-1.8%	£2,985,617	-21.9%	£3,820,460	12.3%	£3,402,765
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Net Assets	£5,836,941	-2.6%	£5,994,383	3.2%	£5,805,701	11.6%	£5,201,431	6.9%	£4,865,611

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Net Cashflow from Operations	£856,490	20.2%	£712,410	359.6%	£155,003	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Net Cashflow before Financing	£424,917	7.1%	£396,899	88.9%	£210,083	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	100%	-£29,160	86.6%	-£217,443	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Increase in Cash	£424,917	15.5%	£367,739	999.9%	-£7,360	-	-	-	-

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
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Capital Employed	£5,836,941	-2.6%	£5,994,383	3.2%	£5,805,701	11.6%	£5,201,431	6.9%	£4,865,611
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Number of Employees	62	19.2%	52	-	52	-1.9%	53	-10.2%	59
	Accountants
	Auditors	WILKINS KENNEDY LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	HSBC BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Pre-tax profit margin %	4.64	6.39	-2.79	3.31	2.37
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Current ratio	2.53	2.59	2.53	2.04	2.17
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Sales/Net Working Capital	2.29	1.94	1.83	2.22	2.50
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Gearing %	6.90	2	4.10	12.20	14.40
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Equity in %	75.50	75.30	75.50	64.60	63.70
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Creditor Days	18.87	19.72	20.69	16.02	24.01
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Debtor Days	69.03	102.11	115.52	129.67	99
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Liquidity/Acid Test	1.60	1.63	1.57	1.14	1.13
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Return On Capital Employed %	7.77	9.63	-4.01	5.63	4.82
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Return On Total Assets Employed %	5.25	6.46	-2.64	3.24	2.83
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Current Debt Ratio	0.47	0.48	0.51	0.73	0.69
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Total Debt Ratio	0.47	0.48	0.51	0.73	0.69
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Stock Turnover Ratio %	26.52	30.73	34.23	38.70	35.39
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\barchart-grey.png$	Return on Net Assets Employed %	7.77	9.63	-4.01	5.63	4.82

Event History View Documents

Date	Description
03/01/2018	New Accounts Filed
03/01/2018	Payment Data Update Received
22/11/2017	Payment Data Update Received
27/05/2017	Payment Data Update Received
12/05/2017	Payment Data Update Received
15/03/2017	Annual Returns
10/01/2017	New Accounts Filed
10/01/2017	New Accounts Filed
10/01/2017	New Accounts Filed
31/12/2016	Payment Data Update Received
19/03/2016	Annual Returns
22/12/2015	New Accounts Filed
04/09/2015	Payment Data Update Received
29/03/2015	Annual Returns
14/01/2015	New Accounts Filed

Previous Company Names

Date	Previous Name
13/12/2002	WAVENEY IMAGING SYSTEMS LIMITED

Writ Details

No writs found

Statistics

Group	2 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	FILMLIGHT HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	FILMLIGHT HOLDINGS LIMITED

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\tminus.gif$ FILMLIGHT HOLDINGS LIMITED	07615763	31.03.2017	Y	£9,767,131
$Description: \\vivek-pc\123 Foreign Report Raw\FILMLIGHT LTD_files\L.gif$ FILMLIGHT LIMITED	03917536	31.03.2017	Y	£9,767,131

Statistics

Group	2 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	26/01/12
Date Charge Registered:	10/02/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	EMCO HOLDINGS LIMITED
Amount Secured:	£5,000.00 DUE OR TO BECOME DUE FROM THECOMPANY TO THE CHARGEE
Details:	INITIAL DEPOSIT SUM OF £5,000.00 SEE IMAGE FOR FULL DETAILS
Mortgage Type:	STAND-ALONE CHATTEL MORTGAGE
Date Charge Created:	16/12/08
Date Charge Registered:	24/12/08
Date Charge Satisfied:	01/07/15
Status:	SATISFIED
Person(s) Entitled:	FIVE ARROWS LEASING LIMITED (FAL);
Amount Secured:
Details:	FILMLIGHT NORTHLIGHT 1 SCANNER )S/NO NL70), NORTHLIGHT 2 SCANNER (S/NO NL67) AND BASELIGHT FOUR SYSTEM NAME VITO (S/NO BC0058) SEE IMAGE FOR FULL DETAILS

Mortgage Type:	STAND-ALONE CHATTEL MORTGAGE
Date Charge Created:	13/05/08
Date Charge Registered:	21/05/08
Date Charge Satisfied:	01/07/15
Status:	SATISFIED
Person(s) Entitled:	FIVE ARROWS LEASING LIMITED;
Amount Secured:
Details:	THE COMPANY WITH FULL GUARANTEE BY WAY OF FIXED EQUITABLE CHARGE, NORTHLIGHT IISCANNER & BASELIGHT 4 GRADER (VITO) ALLFUTURE GUARANTEES, WARRANTIES AND SERVICING AND MAINTENANCE AGREEMENTS AND THE BENEFIT OF ALL INSURANCES RELATING TO THE ASSETS
Mortgage Type:	STAND-ALONE CHATTEL MORTGAGE
Date Charge Created:	29/11/07
Date Charge Registered:	03/12/07
Date Charge Satisfied:	20/06/08
Status:	SATISFIED
Person(s) Entitled:	FIVE ARROWS LEASING LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	EQUIPMENT - NORTHLIGHT 2 SCANNER S/NO NL67, ALL FUTURE GUARANTEES WARRANTIES AND SERVICING AND MAINTENANCE AGREEMENTS IN RELATION TO THE ASSETS AND THE BENEFITOF ALL INSURANCES RELATING TO THE ASSETSSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	STAND-ALONE CHATTEL MORTGAGE
Date Charge Created:	28/03/07
Date Charge Registered:	31/03/07
Date Charge Satisfied:	20/06/08
Status:	SATISFIED
Person(s) Entitled:	FIVE ARROWS LEASING LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE AND/OR ANY ASSOCIATE ON ANY ACCOUNTWHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BASELIGHT FOUR, SYSTEM NAME VITO (S/N BC0058) AND ALL FUTURE GUARANTEES, WARRANTIES, SERVICING AND MAINTENANCE AGREEMENTS AND THE BENEFIT OF ALL INSURANCES.
Mortgage Type:	DEBENTURE
Date Charge Created:	15/03/06
Date Charge Registered:	17/03/06
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	09/11/05
Date Charge Registered:	23/11/05
Date Charge Satisfied:	01/07/15
Status:	SATISFIED
Person(s) Entitled:	NOVED INVESTMENT COMPANY;
Amount Secured:
Details:	THE SUM OF £52,933.75 DEPOSITED BY THE COMPANY WITH THE CHARGEE (OR THE BALANCEFROM TIME TO TIME STANDING TO THE ACCOUNTSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	CHATTLES MORTGAGE
Date Charge Created:	07/01/04
Date Charge Registered:	08/01/04
Date Charge Satisfied:	01/07/15
Status:	SATISFIED
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED;
Amount Secured:
Details:	ALL AND SINGULAR THE CHATTELS BEING NORTHLIGHT FILM SCANNER SERIAL NO 15

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	06/06/03
Date Charge Registered:	11/06/03
Date Charge Satisfied:	01/07/15
Status:	SATISFIED
Person(s) Entitled:	MYHOTEL LIMITED;
Amount Secured:
Details:	THE INTEREST OF THE TENANT IN A DEPOSITACCOUNT CONTAINING £41,000 PLUS INTEREST (TOGETHER WITH VALUE ADDED TAX ON THATSUM)

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Doris Chapman	0		1	1
Caroline Patricia Williams	1		8	18
Andrew Michael Donelan Grieve	1		1	3
COMPANY DIRECTORS LIMITED	43		48425	157182
TEMPLE SECRETARIES LIMITED	74		49154	160412
Total Persons With Significant Control	1	Total Statements		0
Active	1	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Filmlight Holdings Limited	Kind	Corporate Entity With Significant Control
Address	14-15 Manette Street, London	Notified On	06/04/2016
Post Code	W1D 4AP	Legal Form	Limited By Shares
Authority	United Kingdom (England And Wales)	Place Registered	Companies House
Country Registered	England And Wales	Registration Number	07615763
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.08
UK Pound	1	INR 91.34
Euro	1	INR 80.03
GBP	1	INR 90.37

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

INFORMATION DETAILS

Analysis Done by :	PRI

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.