|
|
|
|
Report No. : |
492916 |
|
Report Date : |
23.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
LINKOGEL
AND CREASE LIMITED LIABILITY PARTNERSHIP |
|
|
|
|
Registered Office : |
Recta
Mills Factory Street, Bradford, West Yorkshire, Bd4 9nw |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
08.05.2009
|
|
|
|
|
Com. Reg. No.: |
OC345526
|
|
|
|
|
Legal Form : |
Limited company |
|
|
|
|
Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is not
available from any sources] |
|
|
|
|
No. of Employees : |
4 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
United Kingdom |
A1 |
A1 |
|
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: LINKOGEL AND CREASE
LIMITED LIABILITY PARTNERSHIP
Company
No: OC345526
Company
Status: Active - Accounts
Filed
Status Active
Registered
Address: RECTA MILLS FACTORY
STREETBRADFORDWEST YORKSHIREBD4 9NW
LINKOGEL
AND CREASE LIMITED LIABILITY PARTNERSHIP
OC345526
Registered Address RECTA MILLS FACTORY STREET
BRADFORD
WEST YORKSHIRE
BD4 9NW
Trading Address Recta Mills Factory Street
Bradford
West Yorkshire
BD4 9NW
Box 137 Recta Mills Factory Street
Dudle Hill Bradford West Yorkshire Bd4 9tf,
United Kingdom
Website
Address -
Telephone
Number 01274651444
Fax
Number
TPS No
FPS Yes
Incorporation
Date 08/05/2009
Previous
Name
Type Limited
Company
FTSE
Index -
Date of
Change -
Filing
Date of Accounts 12/08/2017
Currency
Share
Capital -
SIC07
Charity
Number -
SIC07
Description
Principal
Activity
CCJ's 0 (£0)
No CCJ Information To Display
Ultimate
Holding Company -
Accountant
-
Mortgages
0
Group 0 companies
Linkages 0 companies
Countries
In 0 countries
Year to
Date Turnover Pre Tax Profit Shareholder's
Funds Employees
31/12/2016
- -
£66,347 4
31/12/2015
- -
£81,190 4
31/12/2014
- -
£111,074 -
Total
Mortgage 0
Outstanding 0
Satisfied 0
Total
Number of Documented Trade 0
Total Value
of Documented Trade £0
|
This
company has been treated as a Small company in respect of the rating/limit
generated. |
|
The
latest Balance Sheet indicates a negative net working capital position. |
|
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 |
0 |
|
Total
Previous Directors / Company Secretaries |
0 |
Total
Person's With Significant Control |
1 |
|
Title |
Mr |
Function |
LLP
Designated Member |
|
Name |
Ian
Robert Crease |
Nationality |
British |
|
Date of
Birth |
02/1963 |
Present
Appointments |
4 |
|
Latest
Address |
38 Mill
Beck Drive, Harden, West Yorkshire |
Appointment
Date |
08/05/2009 |
|
Post
Code |
BD16
1TF |
||
|
Title |
Mr |
Function |
LLP
Designated Member |
|
Name |
Richard
James Linkogel |
Nationality |
British |
|
Date of
Birth |
09/1961 |
Present
Appointments |
7 |
|
Latest
Address |
Greenburn
Laithe Cowling Hill, Cowling, Keighley, West Yorkshire |
Appointment
Date |
08/05/2009 |
|
Post
Code |
BD22
0LP |
||
|
Title |
Mrs |
Function |
LLP
Designated Member |
|
Name |
Katherine
Linkogel |
Nationality |
|
|
Date of
Birth |
11/1970 |
Present
Appointments |
1 |
|
Latest
Address |
Recta
Mills Factory Street, Bradford, West Yorkshire |
Appointment
Date |
06/04/2012 |
|
Post
Code |
BD4 9NW |
||
|
Title |
Mr |
Function |
LLP
Designated Member |
|
Name |
Jonathon
Crease |
Nationality |
|
|
Date of
Birth |
07/1989 |
Present
Appointments |
1 |
|
Latest
Address |
Recta
Mills Factory Street, Bradford, West Yorkshire |
Appointment
Date |
06/04/2013 |
|
Post
Code |
BD4 9NW |
||
Top
Shareholders
|
No
shareholders to display |
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 |
|
|
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Cost of
Sales |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Gross
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Wages
& Salaries |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Directors
Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Operating
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Depreciation |
£20,514 |
-19.3% |
£25,430 |
26.6% |
£20,080 |
-21.9% |
£25,721 |
-32.8% |
£38,254 |
|
|
Audit
Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Interest
Payments |
£25 |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Pre Tax
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Profit
After Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Dividends
Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Balance
Sheet
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Tangible
Assets |
£184,626 |
-12.7% |
£211,585 |
17.1% |
£180,720 |
61.2% |
£112,133 |
4.5% |
£107,303 |
|
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Fixed Assets |
£184,626 |
-12.7% |
£211,585 |
17.1% |
£180,720 |
61.2% |
£112,133 |
4.5% |
£107,303 |
|
|
Stock |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Trade
Debtors |
0 |
-100% |
£5,236 |
-97.5% |
£206,882 |
123.5% |
£92,583 |
13.4% |
£81,673 |
|
|
Cash |
£6,868 |
-22.2% |
£8,823 |
-59.1% |
£21,597 |
42.4% |
£15,171 |
286.2% |
£3,928 |
|
|
Other
Debtors |
£67,737 |
-68.9% |
£217,557 |
- |
0 |
- |
0 |
- |
0 |
|
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Current Assets |
£74,605 |
-67.8% |
£231,616 |
1.4% |
£228,479 |
112% |
£107,754 |
25.9% |
£85,601 |
|
|
Trade
Creditors |
£5,884 |
- |
0 |
-100% |
£278,779 |
136.7% |
£117,763 |
17.3% |
£100,373 |
|
|
Bank
Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other
Short Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Miscellaneous
Current Liabilities |
£187,000 |
-48.3% |
£362,011 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Current Liabilities |
£192,884 |
-46.7% |
£362,011 |
29.9% |
£278,779 |
136.7% |
£117,763 |
17.3% |
£100,373 |
|
|
Bank
Loans & Overdrafts and LTL |
0 |
- |
0 |
-100% |
£19,346 |
- |
0 |
- |
0 |
|
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Long Term Liabilities |
0 |
- |
0 |
-100% |
£19,346 |
- |
0 |
- |
0 |
.
Capital
& Reserves
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Called
Up Share Capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
P &
L Account Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry
Reserves |
£66,347 |
-18.3% |
£81,190 |
-26.9% |
£111,074 |
8.8% |
£102,124 |
10.4% |
£92,531 |
|
|
Shareholder
Funds |
£66,347 |
-18.3% |
£81,190 |
-26.9% |
£111,074 |
8.8% |
£102,124 |
10.4% |
£92,531 |
Other
Financial Items
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Net
Worth |
£66,347 |
-18.3% |
£81,190 |
-26.9% |
£111,074 |
8.8% |
£102,124 |
10.4% |
£92,531 |
|
|
Working
Capital |
-£118,279 |
9.3% |
-£130,395 |
-159.2% |
-£50,300 |
-402.5% |
-£10,009 |
32.2% |
-£14,772 |
|
|
Total
Assets |
£259,231 |
-41.5% |
£443,201 |
8.3% |
£409,199 |
86.1% |
£219,887 |
14% |
£192,904 |
|
|
Total
Liabilities |
£192,884 |
-46.7% |
£362,011 |
21.4% |
£298,125 |
153.2% |
£117,763 |
17.3% |
£100,373 |
|
|
Net
Assets |
£66,347 |
-18.3% |
£81,190 |
-26.9% |
£111,074 |
8.8% |
£102,124 |
10.4% |
£92,531 |
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 |
|
|
|
Capital
Employed |
£66,347 |
-18.3% |
£81,190 |
-37.7% |
£130,420 |
27.7% |
£102,124 |
10.4% |
£92,531 |
|
|
Number
of Employees |
4 |
- |
4 |
- |
- |
- |
- |
- |
- |
|
Accountants |
||||||||||
|
Auditors |
||||||||||
|
Auditor
Comments |
The
company is exempt from audit |
|||||||||
|
Bankers |
||||||||||
|
Bank
Branch Code |
||||||||||
Ratios
|
Date Of
Accounts |
31/12/16 |
31/12/15 |
31/12/14 |
31/12/13 |
31/12/12 |
|
|
|
Pre-tax
profit margin % |
- |
- |
- |
- |
- |
|
|
Current
ratio |
0.39 |
0.64 |
0.82 |
0.92 |
0.85 |
|
|
Sales/Net
Working Capital |
- |
- |
- |
- |
- |
|
|
Gearing
% |
0 |
0 |
17.40 |
0 |
0 |
|
|
Equity
in % |
25.60 |
18.30 |
27.10 |
46.40 |
48 |
|
|
Creditor
Days |
- |
- |
- |
- |
- |
|
|
Debtor
Days |
- |
- |
- |
- |
- |
|
|
Liquidity/Acid
Test |
0.38 |
0.63 |
0.81 |
0.91 |
0.85 |
|
|
Return
On Capital Employed % |
- |
- |
- |
- |
- |
|
|
Return
On Total Assets Employed % |
- |
- |
- |
- |
- |
|
|
Current
Debt Ratio |
2.90 |
4.45 |
2.50 |
1.15 |
1.08 |
|
|
Total
Debt Ratio |
2.90 |
4.45 |
2.68 |
1.15 |
1.08 |
|
|
Stock
Turnover Ratio % |
- |
- |
- |
- |
- |
|
|
Return
on Net Assets Employed % |
- |
- |
- |
- |
- |
Report
Notes
|
There are no notes to
display. |
Status
History
|
No
Status History found |
|
Date |
Description |
|
23/08/2017 |
New
Accounts Filed |
|
23/08/2017 |
New
Accounts Filed |
|
15/05/2017 |
Confirmation
Statement |
|
14/10/2016 |
New
Accounts Filed |
|
14/10/2016 |
New
Accounts Filed |
|
16/05/2016 |
Annual
Returns |
|
12/05/2016 |
Change
of Company Postcode |
|
10/10/2015 |
New
Accounts Filed |
|
15/05/2015 |
Annual
Returns |
|
31/05/2014 |
New
Accounts Filed |
|
16/05/2014 |
New
Board Member Mr J. Crease appointed |
|
14/05/2014 |
Annual
Returns |
|
20/07/2013 |
New
Accounts Filed |
|
17/05/2013 |
Annual
Returns |
|
29/06/2012 |
New
Accounts Filed |
|
No
Previous Names found |
Writ
Details
|
No
writs found |
Statistics
|
Group |
- |
|
Linkages |
0
companies |
|
Countries |
In 0
countries |
|
Holding
Company |
- |
|
Ownership
Status |
|
|
Ultimate
Holding Company |
- |
Group
Structure
|
|
Group |
0
companies |
|
Linkages
|
0
companies |
|
Countries
|
In 0
countries |
|
No
Previous Director Details |
|||
|
Total
Persons With Significant Control |
1 |
Total
Statements |
0 |
|
Active |
1 |
Active |
0 |
|
Ceased |
0 |
Ceased |
0 |
Active
Persons With Significant Control
|
Name |
Mr
Richard James Linkogel |
Kind |
Individual
Person With Significant Control |
|
Address |
Recta
Mills Factory Street, Bradford, West Yorkshire |
Country
Of Residence |
England |
|
Post
Code |
BD4 9NW |
Nationality |
British |
|
Date of
Birth |
09/1961 |
Notified
On |
06/04/2016 |
|
Nature
Of Control |
Has
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 65.05 |
|
|
1 |
INR 90.41 |
|
Euro |
1 |
INR 79.83 |
|
GBP |
1 |
INR 90.29 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.