3decades

MIRA INFORM REPORT

Report No. :	493270
Report Date :	26.02.2018

IDENTIFICATION DETAILS

Name :	JBD TRITEC LIMITED

Formerly Known As :	J.B.D.ENGINEERING & MANUFACTURING CO.LIMITED

Registered Office :	430 Helen Street, Glasgow, G51 3HR

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	05.03.1979

Com. Reg. No.:	SC067235

Legal Form :	Private Limited with Share Capital

Line of Business :	· Manufacture of other fabricated metal products n.e.c. · Precision engineers, contract labour hirers and suppliers of engineering spares and equipment.

No. of Employees :	86 [2017]

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

Status :	Satisfactory

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

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

430 Helen Street
Glasgow
G51 3HR

Trading Address

430 Helen Street
Glasgow
Lanarkshire
G51 3HR

Website Address http://www.jbdtritec.co.uk

Company Number SC067235

Telephone Number 01414401292

Fax Number -

TPS No

FPS Yes

Incorporation Date 05/03/1979

Previous Name J.B.D.ENGINEERING & MANUFACTURING CO.LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 14/04/1999

Filing Date of Accounts 19/07/2017

Currency GBP

Share Capital £10,000

SIC07 25990

Charity Number -

SIC07 Description Manufacture of other fabricated metal products n.e.c.

Principal Activity Precision engineers, contract labour hirers and suppliers of engineering spares

and equipment.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company JBD HOLDINGS LIMITED

Accountant -

Mortgages 4

Group 4 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.03.2017	-	-	£1,451,583	86
31.03.2016	£8,060,903	£259,611	£1,599,599	85
31.03.2015	£7,155,198	£248,714	£1,435,915	85

Mortgage summary

Total Mortgage 4

Outstanding 4

Satisfied 0

Trade debtors / bad debt summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Medium company.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company has only made late payments on a low percentage of invoices.

The company has more cash than short term bank borrowings.

This company trades in an industry with a higher 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	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	6	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Graeme Alexander Belch	Nationality	British
Date of Birth	06/1962	Present Appointments	4
Latest Address	7 Kirklee Road, Glasgow	Appointment Date	01/05/1993
Post Code	G12 0RQ
Title	Mr	Function	Director
Name	Eric Douglas McLean	Nationality	British
Date of Birth	03/1962	Present Appointments	8
Latest Address	20 Rowan Road, Dumbreck, Glasgow	Appointment Date	14/09/1994
Post Code	G41 5BZ

Title	Mr	Function	Director
Name	Henry Dougan	Nationality	British
Date of Birth	01/1969	Present Appointments	3
Latest Address	430 Helen Street, Glasgow	Appointment Date	01/04/2003
Post Code	G51 3HR

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Eric Douglas McLean	Nationality	British
Date of Birth	03/1962	Present Appointments	9
Latest Address	20 Rowan Road, Dumbreck, Glasgow	Appointment Date	18/07/2008
Post Code	G41 5BZ

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
JBD HOLDINGS LTD	GBP	10,000	ORDINARY	1	100

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
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Turnover	-	-	£8,060,903	12.7%	£7,155,198	2.5%	£6,981,312	-2.1%	£7,134,368
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Cost of Sales	-	-100%	£5,948,238	16.5%	£5,107,510	-5.3%	£5,391,256	10.7%	£4,872,287
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Gross Profit	-	-	£2,112,665	3.2%	£2,047,688	28.8%	£1,590,056	-29.7%	£2,262,081
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Wages & Salaries	-	-	£3,435,597	5%	£3,270,959	-8.3%	£3,567,020	12.3%	£3,176,285
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Directors Emoluments	-	-	£386,377	5%	£368,096	8.1%	£340,587	-12%	£387,042
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Operating Profit	-	-	£275,360	4%	£264,691	231.9%	-£200,684	-141.1%	£488,614
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Depreciation	£87,241	26.9%	£68,767	-14.4%	£80,379	-18%	£97,966	-28.6%	£137,206
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Audit Fees	-	-100%	£8,800	1.1%	£8,700	2.4%	£8,500	6.3%	£8,000
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Interest Payments	-	-	£15,749	-2.4%	£16,132	-17.5%	£19,550	8.7%	£17,989
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Pre Tax Profit	-	-	£259,611	4.4%	£248,714	212.9%	-£220,234	-146.8%	£470,626
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Taxation	-	-	-£56,488	-1%	-£55,936	-210.4%	£50,655	142.8%	-£118,371
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Profit After Tax	-	-	£203,123	5.4%	£192,778	213.7%	-£169,579	-148.1%	£352,255
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Dividends Payable	-	-	£39,439	-8.8%	£43,254	-44.4%	£77,751	63.3%	£47,605
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Retained Profit	-	-	£163,684	9.5%	£149,524	160.5%	-£247,330	-181.2%	£304,650

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Tangible Assets	£825,368	24.5%	£662,921	-9.8%	£735,145	17.6%	£625,212	-8.1%	£680,256
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Intangible Assets	£268,726	-4%	£280,000	-6.7%	£300,000	-6.3%	£320,000	-5.9%	£340,000
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Fixed Assets	£1,094,094	16%	£942,921	-8.9%	£1,035,145	9.5%	£945,212	-7.4%	£1,020,256
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Stock	£6,719	-76.9%	£29,107	335.2%	£6,688	-	£6,688	-26.6%	£9,115
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Trade Debtors	£2,109,358	38.2%	£1,526,485	1.1%	£1,509,735	33.4%	£1,132,158	-41.3%	£1,929,322
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Cash	£143,618	999.9%	£1,523	-24.7%	£2,022	-89%	£18,391	809.1%	£2,023
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Other Debtors	£53,599	-72.5%	£194,758	287.4%	£50,270	-9.8%	£55,733	-61.7%	£145,524
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Current Assets	£2,313,294	32%	£1,751,873	11.7%	£1,568,715	29.3%	£1,212,970	-41.9%	£2,085,984
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Trade Creditors	£758,024	106.7%	£366,744	9.6%	£334,686	32.8%	£252,072	-56.9%	£584,278
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Bank Loans & Overdrafts	£114,903	-26%	£155,379	2%	£152,395	662%	£20,000	-93.8%	£324,072
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Other Short Term Finance	£41,068	-	0	-100%	£66,797	-3.3%	£69,057	556.1%	£10,526
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Miscellaneous Current Liabilities	£568,361	22.1%	£465,486	-3.1%	£480,623	25.8%	£382,178	-19.6%	£475,567
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Current Liabilities	£1,482,356	50.1%	£987,609	-4.5%	£1,034,501	43%	£723,307	-48.1%	£1,394,443
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£588,352	123.7%	£262,965	-8%	£285,839	69.7%	£168,484	-66.4%	£502,148
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-100%	£5,262
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Long Term Liabilities	£473,449	340.1%	£107,586	-19.4%	£133,444	-10.1%	£148,484	-16.6%	£178,076

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Called Up Share Capital	£10,000	-	£10,000	-	£10,000	-	£10,000	-	£10,000
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	P & L Account Reserve	£1,329,984	-13.5%	£1,537,141	11.9%	£1,373,457	12.2%	£1,223,933	-16.8%	£1,471,263
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Revaluation Reserve	£111,599	112.7%	£52,458	-	£52,458	-	£52,458	-	£52,458
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Shareholder Funds	£1,451,583	-9.3%	£1,599,599	11.4%	£1,435,915	11.6%	£1,286,391	-16.1%	£1,533,721

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Net Worth	£1,182,857	-10.4%	£1,319,599	16.2%	£1,135,915	17.5%	£966,391	-19%	£1,193,721
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Working Capital	£830,938	8.7%	£764,264	43.1%	£534,214	9.1%	£489,663	-29.2%	£691,541
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Assets	£3,407,388	26.4%	£2,694,794	3.5%	£2,603,860	20.7%	£2,158,182	-30.5%	£3,106,240
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Liabilities	£1,955,805	78.6%	£1,095,195	-6.2%	£1,167,945	34%	£871,791	-44.6%	£1,572,519
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Net Assets	£1,451,583	-9.3%	£1,599,599	11.4%	£1,435,915	11.6%	£1,286,391	-16.1%	£1,533,721

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Capital Employed	£1,925,032	12.8%	£1,707,185	8.8%	£1,569,359	9.4%	£1,434,875	-16.2%	£1,711,797
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Number of Employees	86	1.2%	85	-	85	1.2%	84	-8.7%	92
	Accountants
	Auditors	T B DUNN & CO
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Pre-tax profit margin %	-	3.22	3.48	-3.15	6.60
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Current ratio	1.56	1.77	1.52	1.68	1.50
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Sales/Net Working Capital	-	10.55	13.39	14.26	10.32
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Gearing %	40.50	16.40	19.90	13.10	32.70
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Equity in %	46.20	66.20	62.30	70	55.40
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Creditor Days	-	16.56	17.02	13.14	29.81
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Debtor Days	-	68.93	76.80	59.02	98.43
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Liquidity/Acid Test	1.55	1.74	1.50	1.66	1.48
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Return On Capital Employed %	-	15.20	15.84	-15.34	27.49
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Return On Total Assets Employed %	-	9.63	9.55	-10.20	15.15
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Current Debt Ratio	1.02	0.61	0.72	0.56	0.90
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Total Debt Ratio	1.34	0.68	0.81	0.67	1.02
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Stock Turnover Ratio %	-	0.36	0.09	0.09	0.12
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\barchart-grey.png$	Return on Net Assets Employed %	-	16.22	17.32	-17.12	30.68

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
17/10/2017	Payment Data Update Received
25/07/2017	Payment Data Update Received
24/07/2017	New Accounts Filed
24/07/2017	New Accounts Filed
05/07/2017	Confirmation Statement
02/12/2016	Payment Data Update Received
24/11/2016	Payment Data Update Received
05/09/2016	New Accounts Filed
05/09/2016	New Accounts Filed
11/08/2016	Annual Returns
19/08/2015	New Accounts Filed
19/08/2015	New Accounts Filed
18/08/2015	Payment Data Update Received
28/07/2015	Payment Data Update Received
27/06/2015	Annual Returns

Previous Company Names

Date	Previous Name
14/04/1999	J.B.D.ENGINEERING & MANUFACTURING CO.LIMITED

Writ Details

No writs found

Statistics

Group	4 companies
Linkages	0 companies
Countries	In 0 countries

Summary

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

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\tminus.gif$ JBD HOLDINGS LIMITED	SC166527	31.03.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\tminus.gif$ JBD TRITEC LIMITED	SC067235	31.03.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\L.gif$ EXCEL ENGINEERING SE...	SC145175	31.03.2017	N
$Description: \\vivek-pc\123 Foreign Report Raw\jbd tritec limited_files\L.gif$ JBD PROPERTIES (SCOTLA...	SC180386	31.03.2017	N

Mortgage Details

Mortgage Type:
Date Charge Created:	20/04/16
Date Charge Registered:	28/04/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111);
Amount Secured:
Details:	CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKINGOF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	10/01/07
Date Charge Registered:	17/01/07
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	1.1 ACRES OF GROUND AT HILLINGTON INDUSTRIAL ESTATE, GLASGOW REN121499

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	16/02/94
Date Charge Registered:	17/02/94
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	430 HELEN STREET, GOVAN, GLASGOW
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	27/06/79
Date Charge Registered:	05/07/79
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	UNDERTAKING AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING UNCALLED CAPITAL

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
LINDSAYS	0		10	16
Colin Mclean Guthrie	1		1	5
William Ronald Brown	0		1	5
David Bernard Finestone	0		1	3
James Steel Muir Belch	0		3	3
BOYDSLAW (SECRETARIAL SERVICES) LIMITED	0		37	70
Total Persons With Significant Control	1	Total Statements			0
Active	1	Active			0
Ceased	0	Ceased			0

Active Persons With Significant Control

Name	Jbd Holdings Limited	Kind	Corporate Entity With Significant Control
Address	430 Helen Street, Glasgow	Notified On	06/04/2016
Post Code	G51 3HR	Legal Form	Limited Company
Authority	Companies Act	Place Registered	Register Of Companies
Country Registered	Scotland	Registration Number	166527
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 64.82
UK Pound	1	INR 90.40
Euro	1	INR 79.76
GBP	1	INR 90.63

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

INFORMATION DETAILS

Analysis Done by :	VIV

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.