MIRA INFORM REPORT

Report No. :	490884
Report Date :	09.02.2018

IDENTIFICATION DETAILS

Name :	ELECTRA POLYMERS LIMITED

Registered Office :	Roughway Mill, Tonbridge, Kent TN11 9SG

Country :	United Kingdom

Financials (as on) :	31.01.2017

Date of Incorporation :	18.09.1997

Com. Reg. No.:	03435974

Legal Form :	Private Limited with Share Capital

Line of Business :	· Manufacture of other chemical products n.e.c. · Sale of photopolymer products.

No. of Employees :	33 [2017]

RATING & COMMENTS

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

MIRA’s Rating :

A+

Credit Rating

Explanation

Rating Comments

A+

Low Risk

Business dealings permissible with low risk of default

Status :	Good

Payment Behaviour :	Regular

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 Summary

Registered Address

Roughway Mill
Tonbridge
Kent
TN11 9SG

Trading Address

Roughway Mill
Dunks Green
Tonbridge
Kent
TN11 9SG

Website Address http://www.electrapolymers.com

Company Number 03435974

Telephone Number 01732811118

Fax Number -

TPS Yes

FPS Yes

Incorporation Date 18/09/1997

Previous Name -

Type Private Limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 14/10/2017

Currency GBP

Share Capital £1,000,000

SIC07 20590

Charity Number -

SIC07 Description Manufacture of other chemical products n.e.c.

Principal Activity Sale of photopolymer products.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company EASTERHOUSE LTD

Accountant HILDEN PARK ACCOUNTANTS LIMITED

Mortgages 3

Group 7 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.01.2017	-	-	£2,462,311	33
31.01.2016	-	-	£1,918,440	32
31.01.2015	-	-	£1,647,465	-

Mortgage summary

Total Mortgage 3

Outstanding 2

Satisfied 1

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 Small company.

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.

This company trades in an industry with a moderate 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	6	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	8	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Christopher Ian Wall	Nationality	British
Date of Birth	06/1960	Present Appointments	6
Latest Address	Roughway Mill, Tonbridge, Kent	Appointment Date	06/01/1998
Post Code	TN11 9SG
Title	Mr	Function	Director
Name	Edward Nicholas Heesom	Nationality	British
Date of Birth	11/1944	Present Appointments	7
Latest Address	Roughway Mill, Tonbridge, Kent	Appointment Date	16/06/2003
Post Code	TN11 9SG

Title	Mr	Function	Director
Name	Shaun Tibbals	Nationality	British
Date of Birth	08/1969	Present Appointments	5
Latest Address	Roughway Mill, Tonbridge, Kent	Appointment Date	15/04/2004
Post Code	TN11 9SG
Title	Mr	Function	Director
Name	John Richard Heesom	Nationality	British
Date of Birth	08/1974	Present Appointments	9
Latest Address	Roughway Mill Dunks Green, Tonbridge, Kent	Appointment Date	01/05/2011
Post Code	TN11 9SG

Title	Mrs	Function	Director
Name	Wendy Mary Dobie Heesom	Nationality	British
Date of Birth	06/1947	Present Appointments	5
Latest Address	Roughway Mill Dunks Green, Tonbridge, Kent	Appointment Date	01/05/2011
Post Code	TN11 9SG
Title	Ms	Function	Director
Name	Susan Joy Large	Nationality	British
Date of Birth	12/1957	Present Appointments	2
Latest Address	Roughway Mill, Tonbridge, Kent	Appointment Date	25/03/2015
Post Code	TN11 9SG

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Susan Joy Large	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Roughway Mill, Dunks Green, Tonbridge, Kent	Appointment Date	01/05/2011
Post Code	TN11 9SG

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ELECTRA HOLDINGS LTD	GBP	999,999	ORDINARY	1	100
JOHN RICHARD HEESOM MA OXON	GBP	1	ORDINARY	1	0

Profit & Loss

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Depreciation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Tangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Intangible Assets	£55,523	-33.3%	£83,291	-25%	£111,059	-20%	£138,827	-16.7%	£166,595
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Fixed Assets	£55,523	-33.3%	£83,291	-25%	£111,059	-20%	£138,827	-16.7%	£166,595
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Stock	£795,320	-4.6%	£833,718	17.1%	£711,990	-16.9%	£856,982	16.9%	£733,202
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Trade Debtors	£1,611,431	6.9%	£1,507,880	1.4%	£1,487,447	40.4%	£1,059,512	4.4%	£1,014,875
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Cash	£911,406	493.3%	£153,614	216.3%	£48,561	6.8%	£45,459	11.9%	£40,617
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Current Assets	£3,318,157	33%	£2,495,212	11%	£2,247,998	14.6%	£1,961,953	9.7%	£1,788,694
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Trade Creditors	£911,369	38.1%	£660,063	-7.2%	£711,592	-9.5%	£786,018	-16%	£935,905
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Current Liabilities	£911,369	38.1%	£660,063	-7.2%	£711,592	-9.5%	£786,018	-16%	£935,905
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Called Up Share Capital	£1,000,000	-	£1,000,000	-	£1,000,000	-	£1,000,000	-	£1,000,000
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	P & L Account Reserve	£1,462,311	59.2%	£918,440	41.9%	£647,465	105.7%	£314,762	999.9%	£19,384
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Shareholder Funds	£2,462,311	28.3%	£1,918,440	16.4%	£1,647,465	25.3%	£1,314,762	29%	£1,019,384

Other Financial Items

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Net Worth	£2,406,788	31.1%	£1,835,149	19.4%	£1,536,406	30.7%	£1,175,935	37.9%	£852,789
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Working Capital	£2,406,788	31.1%	£1,835,149	19.4%	£1,536,406	30.7%	£1,175,935	37.9%	£852,789
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Assets	£3,373,680	30.8%	£2,578,503	9.3%	£2,359,057	12.3%	£2,100,780	7.4%	£1,955,289
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Liabilities	£911,369	38.1%	£660,063	-7.2%	£711,592	-9.5%	£786,018	-16%	£935,905
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Net Assets	£2,462,311	28.3%	£1,918,440	16.4%	£1,647,465	25.3%	£1,314,762	29%	£1,019,384

Cash Flow

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/01/17	(%)	31/01/16	(%)	31/01/15	(%)	31/01/14	(%)	31/01/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Capital Employed	£2,462,311	28.3%	£1,918,440	16.4%	£1,647,465	25.3%	£1,314,762	29%	£1,019,384
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Number of Employees	33	3.1%	32	-	-	-	-	-	-
	Accountants	HILDEN PARK ACCOUNTANTS LIMITED
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/01/17	31/01/16	31/01/15	31/01/14	31/01/13
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Current ratio	3.64	3.78	3.16	2.50	1.91
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Equity in %	74.20	76.90	73.30	67	57
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	2.76	2.51	2.15	1.40	1.12
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.37	0.34	0.43	0.59	0.91
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.37	0.34	0.43	0.59	0.91
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
21/10/2017	New Accounts Filed
21/10/2017	New Accounts Filed
25/09/2017	Confirmation Statement
03/11/2016	New Accounts Filed
05/10/2016	Annual Returns
21/10/2015	New Accounts Filed
08/10/2015	Annual Returns
21/07/2015	Payment Data Update Received
17/07/2015	Payment Data Update Received
07/07/2015	Payment Data Update Received
27/03/2015	New Board Member Ms S.J. Large appointed
07/10/2014	Annual Returns
06/09/2014	New Accounts Filed
01/11/2013	New Accounts Filed
01/10/2013	Annual Returns

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	7 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	ELECTRA HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	EASTERHOUSE LTD

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\tminus.gif$ EASTERHOUSE LTD	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\tminus.gif$ ELECTRA HOLDINGS LIMITED	03443653	31.01.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\T.gif$ ELECTRA CHEMICALS LI...	03435973	31.01.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\T.gif$ ELECTRA JETMASKS LIM...	10732363	-	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\T.gif$ ELECTRA POLYMERS & C...	01804591	31.01.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\T.gif$ ELECTRA POLYMERS LIM...	03435974	31.01.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\ELECTRA POLYMERS LIMITED_files\L.gif$ ELECTRA TECHNOLOGY L...	03181368	31.01.2017	N

Mortgage Details

Mortgage Type:	ALL ASSETS DEBENTURE
Date Charge Created:	06/02/04
Date Charge Registered:	21/02/04
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LLOYDS TSB COMMERCIAL FINANCE LIMITED T/A ALEX LAWRIE FACTORS
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:	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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	05/03/99
Date Charge Registered:	13/03/99
Date Charge Satisfied:	30/06/04
Status:	SATISFIED
Person(s) Entitled:	NEDCOR BANK LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	. FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	DEBENTURE DEED
Date Charge Created:	18/08/98
Date Charge Registered:	22/08/98
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LLOYDS 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 FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Alan Derek Kaizer	0			15	23
Robert Osborne Hagger	0			22	23
David John Paul	0			21	23
Wendy Mary Dobie Heesom	2			9	0
Wendy Mary Dobie Heesom	2			9	0
John Richard Heesom	1			5	0
VISTRA NOMINEES (UK) LIMITED	0			27361	79935
WATERLOW SECRETARIES LIMITED	10			28879	81424
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Electra Holdings Limited	Kind	Corporate Entity With Significant Control
Address	Roughway Mill Dunks Green, Tonbridge, Kent	Notified On	06/04/2016
Post Code	TN11 9SG	Legal Form	Limited Company
Authority	Companies Act	Place Registered	-
Country Registered	-	Registration Number	-
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors,Significant Influence Or Control

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 64.16
UK Pound	1	INR 89.19
Euro	1	INR 78.75
GBP	1	INR 89.65

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

INFORMATION DETAILS

Analysis Done by :	NIS

Report Prepared by :	TPT

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.