3decades

MIRA INFORM REPORT

Report No. :	491419
Report Date :	12.02.2018

IDENTIFICATION DETAILS

Name :	DONALD WARD LIMITED

Registered Office :	Rawdon Works, Moira Road, Woodville, De11 8dg

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	24.12.1976

Com. Reg. No.:	01292288

Legal Form :	Private limited with Share Capital

Line of Business :	· Collection of non-hazardous waste · The provision of professional metal recycling and waste management solutions for business of all sizes.

No. of Employees :	239

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

Maximum Credit Limit :	£1,400,000

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 name and address

Company Name: DONALD WARD LIMITED

Company No: 01292288

Company Status: Active - Accounts Filed

Registered Address: RAWDON WORKSMOIRA ROADWOODVILLEDE11 8D

Credit Limit £1,400,000

Company Name

DONALD WARD LIMITED

Company Number

01292288

Company Summary

Registered Address RAWDON WORKS
MOIRA ROAD
WOODVILLE
DE11 8DG

Trading Address Rawdon Works
Moira Road
Woodville
Swadlincote, Derbyshire
DE11 8DG

Website Address http://www.wardrecyclinguk.com

Telephone Number 01283217192

Fax Number

TPS No

FPS Yes

Incorporation Date 24/12/1976

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 22/12/2017

Currency GBP

Share Capital £80,180

SIC07 38110

Charity Number -

SIC07 Description COLLECTION OF NON-HAZARDOUS WASTE

Principal Activity The provision of professional metal recycling and waste management solutions for business of all sizes.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant \ -

Mortgages 14

Trade Debtors -

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2017 £93,510,981 £4,903,702 £19,249,708 239

31/03/2016 £66,309,413 £1,135,646 £15,913,960 229

31/03/2015 £83,317,483 £4,126,395 £15,727,741 198

Mortgage Summary

Total Mortgage 14

Outstanding 10

Satisfied 4

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 4

Total Value of Documented Trade £2,720

Commentary

This company's return on total assets employed ratio indicates a highly 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.

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	7	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	1	Total Person's With Significant Control	2

Current Directors

Title	Mrs	Function	Director
Name	Janet Ward	Nationality	British
Date of Birth	04/1937	Present Appointments	2
Latest Address	Coach House, Spinney Manor, North Lane, Brailsford, Derbyshire	Appointment Date	31/12/1990
Post Code
Title	Mr	Function	Director
Name	David Ward	Nationality	British
Date of Birth	12/1961	Present Appointments	2
Latest Address	Spinney Manor, North Lane Brailsford, Derby	Appointment Date	31/12/1990
Post Code	DE6 3BE

Title	Mr	Function	Director
Name	Dennis Michael Bell	Nationality	British
Date of Birth	10/1952	Present Appointments	1
Latest Address	65 Wiltshire Road, Chaddesden, Derby	Appointment Date	01/12/2002
Post Code	DE21 6EY
Title	Mr	Function	Director
Name	Michael Ward	Nationality	British
Date of Birth	06/1957	Present Appointments	3
Latest Address	Heritage House Hollinoton Lane, Ednaston Ashbourne, Derby	Appointment Date	31/12/1990
Post Code	DE6 3AE

Title	Mr	Function	Director
Name	Toby Potter	Nationality	British
Date of Birth	04/1975	Present Appointments	1
Latest Address	Griffon Road Quarry Hill Ind Estate, Ilkeston, Derbyshire	Appointment Date	05/02/2007
Post Code	DE7 4RF
Title	Mr	Function	Director
Name	Malcolm Earl Richards	Nationality	British
Date of Birth	05/1963	Present Appointments	1
Latest Address	18 Kimberley Road, 18 Kimberley Road Nuthall, Nottingham	Appointment Date	08/06/2013
Post Code	NG16 1DF

Title	Mr	Function	Director
Name	James Jonathan Balfour	Nationality	British
Date of Birth	10/1969	Present Appointments	5
Latest Address	8 St Johns Drive, Kilburn, Derbyshire	Appointment Date	01/12/2002
Post Code	DE56 0JN

Current Company Secretary

Title	Mrs	Function	Company Secretary
Name	Janet Ward	Nationality	British
Date of Birth	04/1937	Present Appointments	2
Latest Address	Coach House, Spinney Manor, North Lane, Brailsford, Derbyshire	Appointment Date	31/12/1990
Post Code
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
MICHAEL WARD	GBP	36,756	ORDINARY A	1	45.84
MR DAVID WARD	GBP	35,089	ORDINARY C	1	43.76
SIWAN WARD	GBP	2,500	ORDINARY D	1	3.12
DAVID WARD JNR	GBP	2,500	ORDINARY D	1	3.12
DONALD WARD JNR	GBP	1,667	ORDINARY B	1	2.08
THOMAS WARD	GBP	1,666	ORDINARY B	1	2.08
MICHAEL WARD SNR	GBP	1	ORDINARY B1	1	0
DAVID WARD SNR	GBP	1	ORDINARY D1	1	0
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	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	£93,510,981	41%	£66,309,413	-20.4%	£83,317,483	-7.6%	£90,173,800	-11.3%	£101,718,259
Export	£55,860,950	73.9%	£32,124,593	-11.4%	£36,257,694	1%	£35,892,502	-14%	£41,737,467
Cost of Sales	£61,406,368	39.8%	£43,929,453	-26.1%	£59,419,194	-18.4%	£72,829,609	-13.9%	£84,576,235
Gross Profit	£32,104,613	43.5%	£22,379,960	-6.4%	£23,898,289	37.8%	£17,344,191	1.2%	£17,142,024
Wages & Salaries	£8,862,344	0.5%	£8,817,699	3.8%	£8,491,301	34.2%	£6,328,389	20%	£5,271,592
Directors Emoluments	£1,009,877	-22.8%	£1,307,932	-8.1%	£1,422,834	133%	£610,587	33.4%	£457,721
Operating Profit	£4,969,245	297.3%	£1,250,799	-70.6%	£4,256,095	421.6%	£815,919	-25.7%	£1,098,359
Depreciation	£2,565,293	10.3%	£2,326,381	11%	£2,095,673	-1.8%	£2,133,286	4.2%	£2,048,032
Audit Fees	£30,250	10%	£27,500	18.3%	£23,250	16.3%	£20,000	-	£20,000
Interest Payments	£70,324	-60.1%	£176,101	28.7%	£136,806	-0.4%	£137,302	-23.3%	£179,071
Pre Tax Profit	£4,903,702	331.8%	£1,135,646	-72.5%	£4,126,395	505.8%	£681,137	-25.9%	£919,705
Taxation	-£907,954	-7.2%	-£847,052	-7.9%	-£784,753	-451.1%	-£142,399	34.5%	-£217,450
Profit After Tax	£3,995,748	999.9%	£288,594	-91.4%	£3,341,642	520.3%	£538,738	-23.3%	£702,255
Dividends Payable	£660,000	544.7%	£102,375	-	£102,375	-	£102,375	-	£102,375
Retained Profit	£3,335,748	999.9%	£186,219	-94.3%	£3,239,267	642.3%	£436,363	-27.3%	£599,880

Balance Sheet

Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
Tangible Assets	£14,849,363	13%	£13,136,328	11.7%	£11,755,413	-2.4%	£12,045,932	-10.4%	£13,441,359
Intangible Assets	0	-	0	-100%	£10,833	-58.1%	£25,833	-36.7%	£40,833
Total Fixed Assets	£14,849,363	13%	£13,136,328	11.6%	£11,766,246	-2.5%	£12,071,765	-10.5%	£13,482,192
Stock	£2,627,949	53.6%	£1,710,502	18.6%	£1,442,548	-13.1%	£1,660,479	-0.5%	£1,668,597
Trade Debtors	£13,759,001	47.9%	£9,303,047	1.4%	£9,176,538	5.7%	£8,679,939	-31.1%	£12,601,478
Cash	£723,205	-76.9%	£3,130,964	19.5%	£2,619,009	-13.5%	£3,027,033	71.1%	£1,769,467
Other Debtors	£4,363,639	65.6%	£2,635,754	-29.8%	£3,753,104	67%	£2,247,396	34.4%	£1,671,869
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£21,473,794	28%	£16,780,267	-1.2%	£16,991,199	8.8%	£15,614,847	-11.8%	£17,711,411
Trade Creditors	£9,863,551	21.8%	£8,096,335	14.2%	£7,087,030	-24.7%	£9,410,071	-16.6%	£11,286,666
Bank Loans & Overdrafts	0	-100%	£284,560	-12.5%	£325,165	2.6%	£316,980	-	£316,980
Other Short Term Finance	£2,050,764	58.6%	£1,292,969	3.4%	£1,250,135	2.8%	£1,216,456	-	£1,216,456
Miscellaneous Current Liabilities	£3,252,166	53.8%	£2,114,621	0.7%	£2,100,568	152.5%	£831,838	-36.8%	£1,316,762
Total Current Liabilities	£15,166,481	28.7%	£11,788,485	9.5%	£10,762,898	-8.6%	£11,775,345	-16.7%	£14,136,864
Bank Loans & Overdrafts and LTL	£1,906,968	-23.7%	£2,498,710	-3.6%	£2,591,971	-30.7%	£3,739,773	-29.7%	£5,321,609
Other Long Term Finance	£1,670,852	-3.2%	£1,725,255	5.8%	£1,631,103	-34.8%	£2,499,928	-32.7%	£3,716,384
Total Long Term Liabilities	£1,906,968	-13.9%	£2,214,150	-2.3%	£2,266,806	-33.8%	£3,422,793	-31.6%	£5,004,629

Capital & Reserves

Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
Called Up Share Capital	£80,179	-	£80,179	-	£80,179	-	£80,179	-	£80,179
P & L Account Reserve	£19,169,529	21.1%	£15,833,781	1.2%	£15,647,562	26.1%	£12,408,295	3.6%	£11,971,931
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£19,249,708	21%	£15,913,960	1.2%	£15,727,741	25.9%	£12,488,474	3.6%	£12,052,110

Other Financial Items

Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
Net Worth	£19,249,708	21%	£15,913,960	1.3%	£15,716,908	26.1%	£12,462,641	3.8%	£12,011,277
Working Capital	£6,307,313	26.4%	£4,991,782	-19.9%	£6,228,301	62.2%	£3,839,502	7.4%	£3,574,547
Total Assets	£36,323,157	21.4%	£29,916,595	4%	£28,757,445	3.9%	£27,686,612	-11.2%	£31,193,603
Total Liabilities	£17,073,449	21.9%	£14,002,635	7.5%	£13,029,704	-14.3%	£15,198,138	-20.6%	£19,141,493
Net Assets	£19,249,708	21%	£15,913,960	1.2%	£15,727,741	25.9%	£12,488,474	3.6%	£12,052,110

Cash Flow

Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
Net Cashflow from Operations	£3,174,116	-41.8%	£5,455,948	92.1%	£2,840,882	-28.2%	£3,955,773	24.7%	£3,171,307
Net Cashflow before Financing	-£1,432,698	-171.3%	£2,010,076	84%	£1,092,280	-59.8%	£2,715,763	56.9%	£1,730,824
Net Cashflow from Financing	-£1,805,656	-20.3%	-£1,500,782	0.4%	-£1,506,254	-3.3%	-£1,458,198	-43.4%	-£1,016,652
Increase in Cash	-£3,238,354	-735.9%	£509,294	223%	-£413,974	-132.9%	£1,257,565	76.1%	£714,172

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
Capital Employed	£21,156,676	16.7%	£18,128,110	0.7%	£17,994,547	13.1%	£15,911,267	-6.7%	£17,056,739
Number of Employees	239	4.4%	229	15.7%	198	16.5%	170	5.6%	161
Accountants
Auditors	PKF COOPER PARRY GROUP LIMITED
Auditor Comments	The audit report contains no adverse comments
Bankers	HSBC BANK PLC
Bank Branch Code	40-43-30

Ratios

Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
Pre-tax profit margin %	5.24	1.71	4.95	0.76	0.90
Current ratio	1.42	1.42	1.58	1.33	1.25
Sales/Net Working Capital	14.83	13.28	13.38	23.49	28.46
Gearing %	9.90	15.70	16.50	29.90	44.20
Equity in %	53	53.20	54.70	45.10	38.70
Creditor Days	38.39	44.44	30.96	37.98	40.38
Debtor Days	53.55	51.06	40.09	35.03	45.09
Liquidity/Acid Test	1.24	1.27	1.44	1.18	1.13
Return On Capital Employed %	23.17	6.26	22.93	4.28	5.39
Return On Total Assets Employed %	13.50	3.79	14.34	2.46	2.94
Current Debt Ratio	0.78	0.74	0.68	0.94	1.17
Total Debt Ratio	0.88	0.87	0.82	1.21	1.58
Stock Turnover Ratio %	2.81	2.57	1.73	1.84	1.64
Return on Net Assets Employed %	25.47	7.13	26.23	5.45	7.63

Report Notes

There are no notes to display.

Status History

No Status History found

Event history

Date	Description
09/01/2018	Payment Data Update Received
08/01/2018	New Accounts Filed
08/01/2018	New Accounts Filed
26/12/2017	Confirmation Statement
06/12/2017	Payment Data Update Received
21/11/2017	Payment Data Update Received
31/01/2017	New Board Member Mr J.J. Balfour appointed
10/01/2017	New Accounts Filed
10/01/2017	New Accounts Filed
21/12/2016	Annual Returns
14/01/2016	New Accounts Filed
14/01/2016	New Accounts Filed
22/12/2015	Annual Returns
12/01/2015	New Accounts Filed
12/01/2015	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure Full

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	19/01/16
Date Charge Registered:	19/01/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	UNIVERSITY OF DERBY;
Amount Secured:
Details:	CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKINGOF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	03/07/13
Date Charge Registered:	12/07/13
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC EQUIPMENT FINANCE (UK) LIMITED;HSBC ASSET FINANCE (UK) LIMITED;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.

Mortgage Type:	FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE
Date Charge Created:	20/07/12
Date Charge Registered:	24/07/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
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:	BY WAY OF FIRST FIXED CHARGE ALL DEBTS AND ALL EXPORT DEBTS PURPORTEDLY ASSIGNED TO THE SECURITY HOLDER PURSUANT TO THEDEBT PURCHASE AGREEMENT. ALL ASSOCIATEDRIGHTS RELATING TO ANY NON-VESTING DOMESTIC DEBTS AND NON-VESTING EXPORT DEBTS. BY WAY OF FIRST FIXED CHARGE THE EXCLUDED PROCEEDS AND BY WAYOF FIRST FLOATING CHARGE ALL PRESENT AND FUTURE ASSETS UNDERTAKING AND ALL OTHER PROPERTY AND ASSETSSEE IMAGE FOR FULL DETAILS
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	25/07/08
Date Charge Registered:	26/07/08
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:	THE PROPERTY LAND AND BUILDINGS LYING TO THE EAST OF ILKESTON ROAD AND TO THE SOUTH EAST OF QUARRY HILL ROAD, PLOT 12 GRIFFON ROAD, LAND LYING TO THE SOUTH WEST OF MERLIN WAY, EREWASH, ILKSTON, DERBYSHIRE T/N\S DY386573,DY399421, DY210323,DY345437, DY323205 AND DY141006 WITH THE BENEFIT OF ALL RIGHTS, LICENCES, GUARANTEES, RENT DEPOSITS, CONTRACTS, DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THEPROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILL OFANY BUSINESS FROMTIME TO TIME CARRIED ON AT THE PROPERTY. ANY RENTAL & OTHER MONEY PAYABLE AND ANY LEGAL LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY & ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	12/11/03
Date Charge Registered:	13/11/03
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	SCANIA P114CB8 X 4 340 - C/N 4499061 REG NO FJ53 CYO SCANIA P114CB8 X 4 340 - C/N 4499056 REG NO FJ53 CYL SCANIA P114CB8 X 4 340 - C/N 4499047 REG NO FJ53 CYK FOR DETAILS OF FURTHER CHATTELS PLAESE REFER TO FORM 395 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	08/01/03
Date Charge Registered:	08/01/03
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS, PLANT, MACHINERY AND THINGS BEING 2 X SCANIA P114C88X4 HZ 340 5.1M TRUCKS, CHASSIS NOS. 1273581 & 1273575, REG. NOS. FJ51 NRK & FJ51 NRF RESPECTIVELY.

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	02/11/00
Date Charge Registered:	02/11/00
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS PLANT MACHINERY AND THINGS :- NEW HENSCHEL SCRAP SHEAR 850/80 S/NO M3451710
Mortgage Type:	DEBENTURE
Date Charge Created:	07/04/00
Date Charge Registered:	11/04/00
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:	CHATTELS MORTGAGE
Date Charge Created:	31/03/99
Date Charge Registered:	31/03/99
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	RD TRUST GROUP LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	1 NEW LIEBHERR 360 CRANE EXCAVATOR S/NO6094.,1 NEW ALLIED DS32ORN TITLING SHEAR CLEAVER TOGETHER WITH ANCILLARY EQUIMENT S/NO.DS32ORN PLEASE REFER TO FORM 395FOR FULL DETAILS OF CHARGED ASSETS
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	31/03/99
Date Charge Registered:	31/03/99
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	FORWARD TRUST LIMITED FORWA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	1 NEW LIEBHERR 360 CRANE EXCAVATOR S/NO6094.,1 NEW ALLIED DS32ORN TITLING SHEAR CLEAVER TOGETHER WITH ANCILLARY EQUIMENT S/NO.DS32ORN PLEASE REFER TO FORM 395FOR FULL DETAILS OF CHARGED ASSETS

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	07/10/94
Date Charge Registered:	07/10/94
Date Charge Satisfied:	27/01/01
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ONE USED HARRIS TGS204 BALING PRESS, SERIAL NO: TGS204
Mortgage Type:	CHATTELS MORTGAGE.
Date Charge Created:	12/09/94
Date Charge Registered:	12/09/94
Date Charge Satisfied:	27/01/01
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL AND SINGULAR THE CHATTELS PLANT ANDMACHINERY AND THINGS AS DESCRIBED; ONE NEW SENNEBOGEN SM15C HYDRAULIC HANDLER ,SERIAL NO 51505293 , ONE NEW MERCEDES BENZ 1820K/39 TIPPER CHASSIS WITH SHEPPARD MELLOR BODY, REGISTRATION NO M511PTV. CHASSIS NO 6521272K059567, ONE NEW MERCEDES BENZ 3234K TIPPERCHASSIS WITH LACRE PDE ROLONOF HOOK LOADER BODY, REGISTRATION NO;M510 PTV, CHASSIS NO WDB 625119-2K-0654824. ONE NEW MERCEDES BENZ 1820K/39 TIPPER CHASSIS WITH TELEHOIST SKIP EQUIPMENT, REGISTRATIONNO M512 PTV, CHASSIS NO WDB 652127-2K 0715614. .

Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	05/01/88
Date Charge Registered:	08/01/88
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING BOOK DEBTS UNCALLED CAPITAL.
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	04/09/87
Date Charge Registered:	09/09/87
Date Charge Satisfied:	07/01/95
Status:	SATISFIED
Person(s) Entitled:	ALLIED BREWERIEN LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE INCLUDING MONEYS DUE FOR GOODS SOLDAND DELIVERED UNDER THE TERMS OF THE CHARGE.
Details:	F/H PREMISES K/A CRAIGSIDE MANOR CRAIGSIDE LLANDUDNO GWYNEDD TOGETHER WITH THE LAND FORMING THE SITETHEREOF AND USED &OCCUPIED THEREWITH INCLUDING ALL ADDITIONS & ALL BUILDINGS ERECTIONS FIXTURES &FITTINGS

Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	17/11/81
Date Charge Registered:	20/11/81
Date Charge Satisfied:	07/01/95
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL CHATTELS PLANT MACHINERY AND ITEMS DESCRIBED:- ONE-NOW HYDRAULIC HENSCHEL SCRAP SHEAR TYPE SV 550E PRECOMPRESSION WING WITH CHANGEABLE ANGLES AND SHORT SCRAP HOLDING TABLE WITH 500/550 TONS SHEARING FORCE INCLUDING 4700 MM CHARGING BOXAND 700MM KNIFE SER. NO M3451436

Creditor Details

	Total Number	Total Value
Trade Creditors	0	-
No Creditor Data

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	4	£2,720
Company Name	Amount	Statement Date
Balmoral Property Solutions Ltd	£1,188	19/06/2015
Highglade Flooring Limited	£883	19/02/2010
Nexus Total Print Solutions Limited	£479	30/08/2012
Journal Group Production Company Ltd	£170	17/12/2012

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Donald Ward	0	1	0
Total Persons With Significant Control				2	Total Statements	0
Active				2	Active	0
Ceased				0	Ceased	0

Active Persons With Significant Control

Name	Mr Michael Ward	Kind	Individual Person With Significant Control
Address	Rawdon Works, Moira Road, Woodville, Nr Burton-On-Trent	Country Of Residence	United Kingdom
Post Code	DE11 8DG	Nationality	British
Date of Birth	06/1957	Notified On	06/04/2016
Nature Of Control	Ownership of shares - between 25% and 50%
Name	Mr David Ward	Kind	Individual Person With Significant Control
Address	Rawdon Works, Moira Road, Woodville, Nr Burton-On-Trent	Country Of Residence	England
Post Code	DE11 8DG	Nationality	English
Date of Birth	12/1961	Notified On	06/04/2016
Nature Of Control	Ownership of shares - between 25% and 50%

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 64.37
UK Pound	1	INR 89.71
Euro	1	INR 78.89
GBP	1	INR 89.17

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

INFORMATION DETAILS

Analysis Done by :	NIS

Report Prepared by :	SYL

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.