MIRA INFORM REPORT

Report No. :	492646
Report Date :	16.02.2018

IDENTIFICATION DETAILS

Name :	BUHLER UK LIMITED

Formerly Known As :	BUHLER SORTEX LIMITED

Registered Office :	20 Atlantis Avenue London E16 2BF

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	01.05.1947

Com. Reg. No.:	00434274

Legal Form :	Private limited with Share Capital

Line of Business :	· Manufacture of other special-purpose machinery n.e.c. · The manufacture and distribution of electronic colour sorters and vision systems, and manufacture and installation of cleaning and sorting machinery, mainly for the food and agriculture industries.

No. of Employees :	211 (2016)

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 :	Excellent

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

BUHLER UK LIMITED

20 ATLANTIS AVENUE LONDON E16 2BF

Company No.

00434274

Company Status

Active - Accounts Filed

Company Summary

Registered Address 20 ATLANTIS AVENUE, LONDON, E16 2BF

Trading Address Sortex Ltd, 20 Atlantis Avenue, London, E16 2BF

Website Address http://www.buhlersortex.com

Telephone Number 02070556650

Fax Number

TPS No

FPS Yes

Incorporation Date 01/05/1947

Previous Name BUHLER SORTEX LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 05/01/2017

Filing Date of Accounts 28/09/2017

Currency GBP

Share Capital £1,250,000

SIC07 28990

Charity Number -

SIC07 Description MANUFACTURE OF OTHER SPECIAL-PURPOSE MACHINERY N.E.C.

Principal Activity The manufacture and distribution of electronic colour sorters and vision systems,

and manufacture and installation of cleaning and sorting machinery, mainly for the food and agriculture industries.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company BUHLER HOLDING AG

Accountant -

Mortgages 7

Group 10 companies

Linkages 64 companies

Countries In 21 countries

Key Financials

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

31/12/2016 £68,238,431 £12,168,765 £32,451,260 211

31/12/2015 £57,715,855 £10,192,196 £22,327,069 218

31/12/2014 £67,408,564 £14,831,602 £26,280,021 222

Mortgage Summary

Total Mortgage 7

Outstanding 0

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 Large company in respect of the rating/limit generated.

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

This company has only made late payments on a low 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	10	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	29	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Charith Abeysinghe Gunawardena	Nationality	British
Date of Birth	12/1961	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	25/09/2000
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Nicholas John Wilkins	Nationality	British
Date of Birth	09/1958	Present Appointments	1
Latest Address	The Old Rectory, Church Road, Ardley, Oxfordshire	Appointment Date	01/08/2005
Post Code	OX27 7NP

Title	Mr	Function	Director
Name	Matthew Ian Kelly	Nationality	British
Date of Birth	05/1975	Present Appointments	3
Latest Address	20 Atlantis Avenue, London	Appointment Date	18/04/2011
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Michal Picalek	Nationality	Swiss
Date of Birth	07/1964	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	14/01/2013
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Nigel Anthony Whittingham	Nationality	British
Date of Birth	08/1959	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	01/01/2014
Post Code	E16 2BF

Title	Mr	Function	Director
Name	David Andrew Kinsella	Nationality	Irish
Date of Birth	01/1977	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	01/01/2016
Post Code	E16 2BF

Title	Mrs	Function	Director
Name	Carmen Schlatter Broger	Nationality	Swiss
Date of Birth	08/1982	Present Appointments	2
Latest Address	20 Atlantis Avenue, London	Appointment Date	15/04/2016
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Nicolas Hay	Nationality	British
Date of Birth	05/1973	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	01/07/2016
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Paul Silverman	Nationality	British
Date of Birth	02/1963	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	16/03/2017
Post Code	E16 2BF

Title	Mr	Function	Director
Name	Carlos Cabello	Nationality	Spanish
Date of Birth	03/1967	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	16/03/2017
Post Code	E16 2BF

Current Company Secretary

Title	Mrs	Function	Company Secretary
Name	Carmen Schlatter Broger	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	20 Atlantis Avenue, London	Appointment Date	15/04/2016
Post Code	E16 2BF

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
BUHLER UK HOLDINGS LTD	GBP	1,250,000	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Turnover	£68,238,431	18.2%	£57,715,855	-14.4%	£67,408,564	-5%	£70,948,649	-0.9%	£71,619,562
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Export	£67,181,309	17.8%	£57,028,855	-14.8%	£66,899,564	-4.5%	£70,080,649	-1.1%	£70,839,114
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Cost of Sales	£43,268,336	21.2%	£35,711,638	-15.2%	£42,113,468	-9.3%	£46,435,924	-2.3%	£47,517,164
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Gross Profit	£24,970,095	13.5%	£22,004,217	-13%	£25,295,096	3.2%	£24,512,725	1.7%	£24,102,398
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Wages & Salaries	£9,895,942	1.6%	£9,743,489	-5.9%	£10,352,480	13.2%	£9,141,453	4.7%	£8,729,386
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Directors Emoluments	£1,104,903	-0.9%	£1,115,012	8.9%	£1,023,884	-12.8%	£1,174,531	11.2%	£1,056,144
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Operating Profit	£11,980,493	14.1%	£10,501,770	-29.7%	£14,940,716	-10.3%	£16,663,892	-4.5%	£17,442,402
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Depreciation	£277,500	-14.1%	£322,983	3.9%	£311,005	36.3%	£228,154	-42.7%	£398,145
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Audit Fees	£54,450	29.6%	£42,000	-12.5%	£48,000	6.7%	£45,000	-5.3%	£47,500
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Interest Payments	£103,758	-61.8%	£271,901	145.5%	£110,750	60.6%	£68,955	-51.5%	£142,096
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Pre Tax Profit	£12,168,765	19.4%	£10,192,196	-31.3%	£14,831,602	-13%	£17,038,940	-2.3%	£17,445,848
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Taxation	-£1,490,964	-8.5%	-£1,373,948	42%	-£2,368,972	23.1%	-£3,079,752	24.4%	-£4,075,749
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Profit After Tax	£10,677,801	21.1%	£8,818,248	-29.2%	£12,462,630	-10.7%	£13,959,188	4.4%	£13,370,099
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-100%	£13,000,000	-	£13,000,000	-13.3%	£15,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Retained Profit	£10,677,801	21.1%	£8,818,248	999.9%	-£537,370	-156%	£959,188	158.8%	-£1,629,901

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Tangible Assets	£627,056	-19.1%	£775,457	41.6%	£547,821	-9.3%	£603,943	-9.2%	£664,933
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Intangible Assets	£59,528	-38.6%	£97,005	-12.1%	£110,303	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Fixed Assets	£686,584	-21.3%	£872,462	32.6%	£658,124	9%	£603,943	-9.2%	£664,933
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Stock	£11,893,873	-3.3%	£12,298,577	61.9%	£7,597,186	29%	£5,889,493	0.9%	£5,838,711
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Trade Debtors	£11,616,109	-26%	£15,691,005	-11.8%	£17,783,129	20.7%	£14,736,475	-7.3%	£15,888,564
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Cash	£10,071,965	187.6%	£3,501,573	-24.7%	£4,647,683	105.4%	£2,262,477	-73.4%	£8,512,418
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Other Debtors	£14,235,248	19%	£11,961,332	-10.1%	£13,301,994	-23.6%	£17,409,593	63.8%	£10,631,252
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Current Assets	£47,817,195	10%	£43,452,487	0.3%	£43,329,992	7.5%	£40,298,038	-1.4%	£40,870,945
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Trade Creditors	£881,357	-65.3%	£2,542,039	-11.2%	£2,861,535	19%	£2,405,207	8.6%	£2,213,734
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Other Short Term Finance	£1,740,536	-84.3%	£11,118,789	195%	£3,769,263	113.8%	£1,763,000	-1.3%	£1,785,935
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£12,064,064	62.1%	£7,440,402	-22.2%	£9,559,151	17.5%	£8,136,491	-10.9%	£9,133,490
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Current Liabilities	£14,685,957	-30.4%	£21,101,230	30.3%	£16,189,949	31.6%	£12,304,698	-6.3%	£13,133,159
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£1,366,562	52.4%	£896,650	-40.9%	£1,518,146	3.8%	£1,462,293	-32.7%	£2,173,197
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£1,366,562	52.4%	£896,650	-40.9%	£1,518,146	3.8%	£1,462,293	-32.7%	£2,173,197

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Called Up Share Capital	£1,250,000	-	£1,250,000	-	£1,250,000	-	£1,250,000	-	£1,250,000
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	P & L Account Reserve	£31,201,260	48%	£21,077,069	-15.8%	£25,030,021	-3.3%	£25,884,990	3.6%	£24,979,522
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Shareholder Funds	£32,451,260	45.3%	£22,327,069	-15%	£26,280,021	-3.2%	£27,134,990	3.5%	£26,229,522

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Net Worth	£32,391,732	45.7%	£22,230,064	-15.1%	£26,169,718	-3.6%	£27,134,990	3.5%	£26,229,522
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Working Capital	£33,131,238	48.2%	£22,351,257	-17.6%	£27,140,043	-3%	£27,993,340	0.9%	£27,737,786
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Assets	£48,503,779	9.4%	£44,324,949	0.8%	£43,988,116	7.5%	£40,901,981	-1.5%	£41,535,878
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Liabilities	£16,052,519	-27%	£21,997,880	24.2%	£17,708,095	28.6%	£13,766,991	-10.1%	£15,306,356
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Net Assets	£32,451,260	45.3%	£22,327,069	-15%	£26,280,021	-3.2%	£27,134,990	3.5%	£26,229,522

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Capital Employed	£33,817,822	45.6%	£23,223,719	-16.5%	£27,798,167	-2.8%	£28,597,283	0.7%	£28,402,719
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Number of Employees	211	-3.2%	218	-1.8%	222	1.4%	219	-0.5%	220
	Accountants
	Auditors	PRICEWATERHOUSECOOPERS LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	17.83	17.66	22	24.02	24.36
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Current ratio	3.26	2.06	2.68	3.28	3.11
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	2.06	2.58	2.48	2.53	2.58
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Gearing %	4.20	4	5.80	5.40	8.30
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Equity in %	67	50.50	59.90	66.30	63.10
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Creditor Days	4.70	16.03	15.45	12.33	11.25
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Debtor Days	61.96	98.95	96.02	75.60	80.75
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	2.44	1.47	2.20	2.79	2.66
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Return On Capital Employed %	35.98	43.88	53.35	59.58	61.42
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	25.08	22.99	33.71	41.65	42
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.45	0.94	0.61	0.45	0.50
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.49	0.98	0.67	0.50	0.58
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	17.42	21.30	11.27	8.30	8.15
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	37.49	45.64	56.43	62.79	66.51

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
01/11/2017	Payment Data Update Received
07/10/2017	New Accounts Filed
05/10/2017	Payment Data Update Received
10/05/2017	Confirmation Statement
20/03/2017	New Board Member Mr C. Cabello appointed
20/03/2017	New Board Member Mr P. Silverman appointed
10/01/2017	Change of Name
09/01/2017	Change of Name
22/09/2016	New Accounts Filed
22/09/2016	New Accounts Filed
09/08/2016	New Board Member Mr N. Hay appointed
16/05/2016	Annual Returns
19/04/2016	Mr N.H. Wilson has resigned as company secretary
19/04/2016	Mr N.H. Wilson has left the board
19/04/2016	New Company Secretary Mrs C. Schlatter Broger appointed

Previous Company Names

Date	Previous Name
05/01/2017	BUHLER SORTEX LIMITED
09/07/2007	SORTEX LIMITED
31/10/1985	GUNSON'S SORTEX LIMITED

Writ Details

No writs found

Statistics

Group	10 companies
Linkages	64 companies
Countries	In 21 countries

Summary

Holding Company	BUHLER UK HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	BUHLER HOLDING AG

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\tminus.gif$ BUHLER HOLDING AG	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\tminus.gif$ BUHLER UK HOLDINGS LIM...	00683185	31.12.2016	N
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\T.gif$ ATLANTIS AVENUE LIMITED	06251424	31.12.2015	N
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\T.gif$ BUHLER LIMITED	02925744	31.12.2015	N	£17,952,130
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\T.gif$ BUHLER SORTEX LIMITED	10488992	-	N
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\T.gif$ BUHLER UK LIMITED	00434274	31.12.2016	N	£68,238,431
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\T.gif$ CONTROL DESIGN AND D...	01579088	31.12.2016	N	£6,688,740
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\L.gif$ SORTEX LIMITED	10906632	-	N
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\tminus.gif$ BÜHLER ALZENAU GMBH	HRB 8425	31.12.2016	N	€77,743,906
$Description: \\Vivek-pc\123 Foreign Report Raw\BUHLER UK LIMITED_files\L.gif$ LEYBOLD OPTICS UK LI...	04023277	31.12.2014	N	£4,330,961

Mortgage Details

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	27/01/99
Date Charge Registered:	28/01/99
Date Charge Satisfied:	22/12/04
Status:	SATISFIED
Person(s) Entitled:	GENERALE BANK NV - GENERALE DE BANQUE SA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	PROPERTY K/A PUDDING MILL LANE T/NO: EGL164713 AND ALL BUILDINGS AND FIXTURES (INCLUDING TRADE FIXTURES) FROM TIME TO TIME THEREON TOGETHER WITH ALL PLANT MACHINERY FITTINGS COMPUTERS AND OFFICE AND OTHER EQUIPMENT FROM TIME T OTIME ON THEPROPERTY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	BROWN SHIPLEY & CO. LTD.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CPAITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	HENRY ANSBACHEN AND COMPANY LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CAPITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY
Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CAPITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	HAMBROS BANK LTD.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CAPITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY
Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CAPITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	12/12/80
Date Charge Registered:	19/12/80
Date Charge Satisfied:	19/12/80
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK LTD.
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL DEBTS UNCALLED CAPITAL. TOGETHER WITH ALL BUILDINGS FIXTURES FIXED PLANT & MACHINERY

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Alan Thomas	1			2	9
Alan Thomas	1			2	9
Colin Leonard Lee	0			6	4
Joseph Antony Haynes	0			29	6
Brian John Booth	0			2	0
Brian John Booth	0			2	0
Martin Connolly Kelly	0			1	0
John Menzies Low	11			5	4
Alan Hillary	0			2	13
Brian Graham Cox	0			2	0
Bruno Giacomo Mario Kilshaw	0			2	1
David John Turner	0			27	9
Beat Haeni	0			1	1
Steven Simon Henning	0			1	0
Ronen Day	0			1	2
Nigel Howard Wilson	0			8	3
Nigel Howard Wilson	0			8	3
Philipp Adrian Muller	0			2	1
Hans-Jakob Schoch	0			1	0
Arthur Wettstein	0			3	1
David Michael Dymond	0			1	1
Colin David Chaffers	0			1	0
Mark Jason Honeywood	0			1	0
Hamid Reza Kefayati	0			1	0
Bruno Mendler	0			3	0
Craig Edward Briggs	0			2	0
Christopher David Gorner	0			2	0
Christopher David Gorner	0			2	0
Gary Yates	0			2	0
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Buhler Uk Holdings Ltd	Kind	Corporate Entity With Significant Control
Address	20 Atlantis Avenue Atlantis Avenue, London	Notified On	06/04/2016
Post Code	E16 2BF	Legal Form	Limited Company
Authority	English	Place Registered	-
Country Registered	-	Registration Number	-
Nature Of Control	Ownership of shares - above 75%

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 63.92
UK Pound	1	INR 89.55
Euro	1	INR 79.68
GBP	1	INR 90.45

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

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	NIT

RATING EXPLANATIONS

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

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

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

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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

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

Name	Number	Latest Key Financials	Turnover
BÜHLER GMBH	HRB 4602	31.12.2016	€112,013,223
BUHLER S.P.A.	MI282993	31.12.2016	€40,471,689
RICHARD FRISSE GMBH	HRB 1394	31.12.2009	€12,935,000
BÜHLER DRUCKGIESSYSTEME GMBH	HRB 88608	31.12.2010	€19,005,000
LEYBOLD OPTICS VERWALTUNGS GMBH	HRB 8457	31.12.2016
BÜHLER PARTEC GMBH	HRB 15104	31.12.2014
LEYBOLD OPTICS DRESDEN GMBH	HRB 19689	28.02.2015	€1,305,682
BÜHLER B.V.	06068355	31.12.2015
-	5560732181	-
BÜHLER AG	162812	-
BUHLER	272833	31.12.2015	€33,289,895
BÜHLER + SCHERLER AG	2801	-
ASE-BÜHLER AG IN LIQUIDATION	2802	-
BÜHLER HOLDING AG	541487	-
BÜHLER MANAGEMENT AG	5630947	-
BÜHLER-IMMO BETRIEBS AG	5760846	-
BÜHLER DRUCKGUSS AG	730851	-
LEYBOLD OPTICS GMBH	HRB 6636	-
LEYBOLD OPTICS VERWALTUNGS GMBH	HRB 138546	-
BÜHLER DEUTSCHLAND GMBH	HRB 6353	31.12.2016