3decades

MIRA INFORM REPORT

Report No. :	483217
Report Date :	01.01.2018

IDENTIFICATION DETAILS

Name :	SIMONSIDE LIMITED

Formerly Known As :	SIMONSIDE TRADING LIMITED

Registered Office :	Saville Chambers, 4 Saville Street, South Shields Ne33 2PR

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	05.07.1991

Com. Reg. No.:	02626841

Legal Form :	Private Limited with Share Capital

Line of Business :	Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

No. of Employees :	Not Available

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 :	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

(30.06.2017)

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 Britain'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 new Conservative majority government. However, the deficit still remains one of the highest in the G7, standing at 4.1% of GDP as of mid-2016, and Britain has pledged to lower its corporation tax from 20% to 17% by 2020. Britain had a debt burden of 92.2% GDP at the end of 2016.

While the UK is one of the fastest growing economies in the G7, economists are concerned about the potential negative impact of the UK’s vote to leave the EU. 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.

Source : CIA

COMPANY NAME AND ADDRESS

Company Name: SIMONSIDE LIMITED

Company No: 02626841

Company Status: Active - Accounts Filed

Registered Address: SAVILLE CHAMBERS4 SAVILLE STREETSOUTH SHIELDSNE33 2PR

Company Summary

Registered Address SAVILLE CHAMBERS, 4 SAVILLE STREET, SOUTH SHIELDS NE33 2PR

Trading Address Saville Chambers, 4 Saville Street, South Shields Tyne and Wear NE33 2PR

Website Address -

Telephone Number -

Fax Number -

TPS -

FPS Yes

Incorporation Date 05/07/1991

Previous Name SIMONSIDE TRADING LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 01/03/1994

Filing Date of Accounts 27/09/2017

Currency GBP

Share Capital £1,000

SIC07 46160

Charity Number -

SIC07 Description AGENTS INVOLVED IN THE SALE OF TEXTILES, CLOTHING, FUR,

FOOTWEAR AND LEATHER GOODS

Principal Activity Agents in textiles footwear etc.

Additional Information

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

Key Financials

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

31/12/2016 - - £81,575 -

31/12/2015 - - £107,839 -

31/12/2014 - - £100,745 -

Mortgage Summary

Total Mortgage 0

Outstanding 0

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 Small company in respect of the rating/limit generated.

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

The latest Balance Sheet indicates a very positive net working capital position.

The latest cash balances are considered to be low in terms of the overall outstanding creditor obligations.

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	1	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Nicholas Edward Amey	Nationality	British
Date of Birth	04/1971	Present Appointments	2
Latest Address	The Farmhouse Hagg House Farm, Esh Winning, County Durham	Appointment Date	17/09/2012
Post Code	DH7 9BQ

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Anita Aliette Amey	Nationality	British
Date of Birth	-	Present Appointments	2
Latest Address	9 Deacons Close, Lavenham, Suffolk	Appointment Date	05/06/1993
Post Code	CO10 9TT

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
NICHOLAS EDWARD AMEY	GBP	760	ORDINARY	1	76
MARC ST. JOHN AMEY	GBP	240	ORDINARY	1	24

FINANCIALS DETAILS

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
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Depreciation	-	-	£246	232.4%	£74	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

BALANCE SHEET

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Tangible Assets	£1,240	-23.9%	£1,630	220.9%	£508	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Fixed Assets	£1,240	-23.9%	£1,630	220.9%	£508	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Trade Debtors	£110,429	119.7%	£50,271	137.2%	£21,191	-85.1%	£142,181	128.4%	£62,262
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Cash	0	-100%	£68,384	-37.9%	£110,099	405.8%	£21,769	41%	£15,442
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	£167	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Current Assets	£110,596	-6.8%	£118,655	-9.6%	£131,290	-19.9%	£163,950	111%	£77,704
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Trade Creditors	£30,261	149.7%	£12,120	-61%	£31,053	-51.3%	£63,773	116.7%	£29,428
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Current Liabilities	£30,261	149.7%	£12,120	-61%	£31,053	-51.3%	£63,773	116.7%	£29,428
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-100%	£326	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-100%	£326	-	0	-	0	-	0

CAPITAL & RESERVES

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Called Up Share Capital	-	-100%	£1,000	-	£1,000	-	£1,000	-	£1,000
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	P & L Account Reserve	£81,575	-23.6%	£106,839	7.1%	£99,745	0.6%	£99,177	109.8%	£47,276
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Shareholder Funds	£81,575	-24.4%	£107,839	7%	£100,745	0.6%	£100,177	107.5%	£48,276

OTHER FINANCIAL ITEMS

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Net Worth	£81,575	-24.4%	£107,839	7%	£100,745	0.6%	£100,177	107.5%	£48,276
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Working Capital	£80,335	-24.6%	£106,535	6.3%	£100,237	0.1%	£100,177	107.5%	£48,276
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Assets	£111,836	-7%	£120,285	-8.7%	£131,798	-19.6%	£163,950	111%	£77,704
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Liabilities	£30,261	143.1%	£12,446	-59.9%	£31,053	-51.3%	£63,773	116.7%	£29,428
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Net Assets	£81,575	-24.4%	£107,839	7%	£100,745	0.6%	£100,177	107.5%	£48,276

CASH FLOW

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

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
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Capital Employed	£81,575	-24.6%	£108,165	7.4%	£100,745	0.6%	£100,177	107.5%	£48,276
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	LLOYDS TSB BANK PLC
	Bank Branch Code

RATIOS

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Current ratio	3.65	9.79	4.23	2.57	2.64
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Gearing %	0	0.30	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Equity in %	72.90	89.70	76.40	61.10	62.10
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	3.65	9.79	4.22	2.57	2.64
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.37	0.11	0.30	0.63	0.60
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.37	0.11	0.30	0.63	0.60
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\SIMONSIDE LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
30/09/2017	New Accounts Filed
10/07/2017	Confirmation Statement
16/10/2016	Annual Returns
05/10/2016	New Accounts Filed
23/08/2016	Annual Returns
05/10/2015	New Accounts Filed
25/07/2015	Annual Returns
03/10/2014	New Accounts Filed
28/07/2014	Annual Returns
18/09/2013	New Accounts Filed
12/08/2013	Annual Returns
09/08/2013	Mr M.J. Amey has left the board
17/10/2012	New Board Member Mr N.E. Amey appointed
03/10/2012	New Accounts Filed
11/07/2012	Annual Returns

Previous Company Names

Date	Previous Name
01/03/1994	SIMONSIDE TRADING LIMITED

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

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Michael John Amey	0	2	3
Peter Gordon Fraser Tillett	0	4	1
Peter Gordon Fraser Tillett	0	4	1
MBC NOMINEES LIMITED	1	1078	7783
MBC SECRETARIES LIMITED	1	1078	7780

Total Persons With Significant Control	1	Total Statements
Active	1	Active
Ceased	0	Ceased

Active Persons With Significant Control

Name	Mr Nicholas Edward Amey	Kind	Individual Person With Significant Control
Address	The Farmhouse Waterhouses, Durham	Country Of Residence	England
Post Code	DH7 9BQ	Nationality	British
Date of Birth	04/1971	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent

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
Average Invoice Value	£2757.83
Invoices available	40
Paid	40
Outstanding	0

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

	Within Terms	0-30 Days	31-60 Days	61-90 Days	91+ Days
Paid	17	15	8	0	0
Outstanding	0	0	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.93
UK Pound	1	INR 86.07
Euro	1	INR 76.39
GBP	1	INR 86.15

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

INFORMATION DETAILS

Analysis Done by :	VIV

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.