MIRA INFORM REPORT

Report No. :	484394
Report Date :	06.01.2018

IDENTIFICATION DETAILS

Name :	ANDOR TECHNOLOGY LIMITED
Formerly Known As :	· ANDOR TECHNOLOGY PLC · ANDOR TECHNOLOGY LTD · ZUMBOORUK LIMITED
Registered Office :	7 Millennium Way, Springvale Business Park, Belfast, Bt12 7al
Country :	United Kingdom
Financials (as on) :	31.03.2016
Date of Incorporation :	15.03.1989
Com. Reg. No.:	NI022466
Legal Form :	Private limited with Share Capital
Line of Business :	· Development and manufacture of high performance specialist Digital cameras · Manufacture of optical precision instruments
No. of Employees :	284

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	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	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 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: ANDOR TECHNOLOGY LIMITED

Company No: NI022466

Registered Address: 7 MILLENNIUM WAY SPRINGVALE BUSINESS PARK BELFAST BT12 7AL

Company Summary

Registered Address 7 MILLENNIUM WAY
SPRINGVALE BUSINESS PARK
BELFAST
BT12 7AL

Trading Address 7 Millennium Way
Springvale Business Park
Belfast
County Antrim
BT12 7AL

Website Address http://www.andor.com

Telephone Number 02890237126

Fax Number

TPS No

FPS Yes

Incorporation Date 15/03/1989

Previous Name ANDOR TECHNOLOGY PLC

Type Private limited with Share Capital

FTSE Index ` -

Date of Change 18/03/2014

Filing Date of Accounts 21/12/2016

Currency GBP

Share Capital £667,500

SIC07 26701

Charity Number -

SIC07 Description MANUFACTURE OF OPTICAL PRECISION INSTRUMENTS

Principal Activity Development and manufacture of high performance specialist

digital cameras.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company OXFORD INSTRUMENTS PLC

Accountant -

Mortgages 7

Group 34 companies

Linkages 30 companies

Countries In 7 countries

Key Financials

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

31/03/2016 £59,757,000 £11,002,000 £39,800,000 284

31/03/2015 £81,619,000 £1,930,000 £54,756,000 317

30/09/2013 £54,565,000 £6,332,000 £53,840,000 344

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

No comments to display

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 -	-

Back to Top

Show More

Total Current Directors	8	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	26	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Thomas Curtis	Nationality	British
Date of Birth	03/1970	Present Appointments	27
Latest Address	7 Millennium Way, Springvale Business Park, Belfast	Appointment Date	01/07/2015
Post Code	BT12 7AL
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Ms	Function	Director
Name	Stephanie Anne Quinn	Nationality	British
Date of Birth	11/1972	Present Appointments	2
Latest Address	Tubney Woods, Abingdon, Oxon	Appointment Date	13/06/2014
Post Code	OX13 5QX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Miss	Function	Director
Name	Aislinn Rice	Nationality	Irish
Date of Birth	07/1970	Present Appointments	1
Latest Address	Apt 3 Rugby Square, Rugby Parade, Belfast	Appointment Date	16/03/2004
Post Code	BT7 1PY
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Dr	Function	Director
Name	Donal Joseph Denvir	Nationality	British
Date of Birth	11/1955	Present Appointments	1
Latest Address	10 Notting Hill, Belfast	Appointment Date	15/03/1989
Post Code	BT9 5NS
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Dr	Function	Director
Name	Ian Richard Barkshire	Nationality	British
Date of Birth	11/1965	Present Appointments	11
Latest Address	7 Millennium Way, Springvale Business Park, Belfast	Appointment Date	01/07/2015
Post Code	BT12 7AL
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Gary Alexander Wilmot	Nationality	British
Date of Birth	09/1965	Present Appointments	1
Latest Address	7 Millennium Way, Springvale Business Park, Belfast	Appointment Date	01/05/2014
Post Code	BT12 7AL
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Mr	Function	Director
Name	Andrew Dennis	Nationality	Irish
Date of Birth	03/1972	Present Appointments	1
Latest Address	Tubney Woods, Abingdon, Oxon	Appointment Date	03/08/2015
Post Code	OX13 5QX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Gavin Fenton Hill	Nationality	British
Date of Birth	02/1968	Present Appointments	1
Latest Address	7 Millennium Way, Springvale Business Park, Belfast	Appointment Date	09/05/2016
Post Code	BT12 7AL
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Mrs	Function	Company Secretary
Name	Susan Karen Johnson-Brett	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	7 Millennium Way, Springvale Business Park, Belfast	Appointment Date	08/05/2014
Post Code	BT12 7AL
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
OXFORD INSTRUMENTS NANOTECHNOLOGY TOOLS HOLDINGS LTD	GBP	33,374,996	ORDINARY	0.02	100
1

Financials

Profit & Loss

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Weeks	52	(%)	78	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	Y	(%)	Y	(%)	Y
	Turnover	£59,757,000	-26.8%	£81,619,000	49.6%	£54,565,000	-6.4%	£58,321,000	1.7%	£57,351,000
	Export	-	-	-	-	-	-	-	-	-
	Cost of Sales	£30,687,000	-27.5%	£42,303,000	77.2%	£23,875,000	-7.6%	£25,844,000	-1.9%	£26,332,000
	Gross Profit	£29,070,000	-26.1%	£39,316,000	28.1%	£30,690,000	-5.5%	£32,477,000	4.7%	£31,019,000
	Wages & Salaries	£14,806,000	-35.3%	£22,867,000	46.4%	£15,624,000	-2.5%	£16,023,000	2.1%	£15,688,000
	Directors Emoluments	£729,000	-56.5%	£1,676,000	67.6%	£1,000,000	-52.6%	£2,108,000	-1.5%	£2,141,000
	Operating Profit	£7,699,000	398.3%	£1,545,000	-74.7%	£6,098,000	-29.6%	£8,667,000	0.9%	£8,586,000
	Depreciation	£594,000	-48.1%	£1,144,000	21.7%	£940,000	-3.3%	£972,000	47.7%	£658,000
	Audit Fees	£26,000	-7.1%	£28,000	-33.3%	£42,000	-	£42,000	7.7%	£39,000
	Interest Payments	£40,000	81.8%	£22,000	22.2%	£18,000	-43.8%	£32,000	10.3%	£29,000
	Pre Tax Profit	£11,002,000	470.1%	£1,930,000	-69.5%	£6,332,000	-29.1%	£8,932,000	2.2%	£8,742,000
	Taxation	-£951,000	-272.9%	-£255,000	58.2%	-£610,000	55.4%	-£1,367,000	38%	-£2,204,000
	Profit After Tax	£10,051,000	500.1%	£1,675,000	-70.7%	£5,722,000	-24.4%	£7,565,000	15.7%	£6,538,000
	Dividends Payable	£25,000,000	-	-	-	-	-	-	-	-
	Retained Profit	-£14,949,000	-992.5%	£1,675,000	-70.7%	£5,722,000	-24.4%	£7,565,000	15.7%	£6,538,000

Balance Sheet

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Tangible Assets	£22,731,000	-5%	£23,936,000	235.4%	£7,136,000	-12%	£8,113,000	-14.9%	£9,529,000
	Intangible Assets	£7,787,000	2.4%	£7,606,000	-50.3%	£15,297,000	-2.8%	£15,732,000	-5.4%	£16,627,000
	Total Fixed Assets	£30,518,000	-3.2%	£31,542,000	40.6%	£22,433,000	-5.9%	£23,845,000	-8.8%	£26,156,000
	Stock	£8,022,000	-4.2%	£8,376,000	0.6%	£8,330,000	0.8%	£8,265,000	19.1%	£6,942,000
	Trade Debtors	£10,008,000	15.3%	£8,682,000	-1.1%	£8,775,000	-11.7%	£9,939,000	19.3%	£8,334,000
	Cash	£5,335,000	-38.8%	£8,714,000	-63.5%	£23,853,000	29.7%	£18,386,000	28.8%	£14,271,000
	Other Debtors	£7,795,000	-45.6%	£14,341,000	999.9%	£549,000	3.2%	£532,000	-24.3%	£703,000
	Miscellaneous Current Assets	£371,000	-56.6%	£854,000	-12%	£970,000	999.9%	£71,000	-	0
	Total Current Assets	£31,531,000	-23%	£40,967,000	-3.6%	£42,477,000	14.2%	£37,193,000	23%	£30,250,000
	Trade Creditors	£4,397,000	-7%	£4,730,000	50.4%	£3,145,000	-8.7%	£3,446,000	-4.3%	£3,599,000
	Bank Loans & Overdrafts	£2,357,000	29.9%	£1,815,000	587.5%	£264,000	-	£264,000	-	£264,000
	Other Short Term Finance	£2,744,000	161.8%	£1,048,000	-	0	-	0	-100%	£111,000
	Miscellaneous Current Liabilities	£11,499,000	55%	£7,419,000	113.7%	£3,472,000	-29.6%	£4,933,000	-20.9%	£6,237,000
	Total Current Liabilities	£20,997,000	39.9%	£15,012,000	118.2%	£6,881,000	-20.4%	£8,643,000	-15.4%	£10,211,000
	Bank Loans & Overdrafts and LTL	£3,609,000	-20.8%	£4,556,000	2.3%	£4,453,000	-3%	£4,591,000	-35.4%	£7,104,000
	Other Long Term Finance	0	-100%	£1,301,000	-	0	-	0	-	0
	Total Long Term Liabilities	£1,252,000	-54.3%	£2,741,000	-34.6%	£4,189,000	-3.2%	£4,327,000	-36.7%	£6,840,000

.

Capital & Reserves

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Called Up Share Capital	£668,000	-	£668,000	4.4%	£640,000	2.9%	£622,000	1.3%	£614,000
	P & L Account Reserve	£24,237,000	-38.1%	£39,186,000	5.6%	£37,099,000	14.4%	£32,418,000	24.8%	£25,969,000
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£14,895,000	0%	£14,902,000	-7.4%	£16,101,000	7.1%	£15,028,000	17.7%	£12,772,000
	Shareholder Funds	£39,800,000	-27.3%	£54,756,000	1.7%	£53,840,000	12%	£48,068,000	22.1%	£39,355,000

Other Financial Items

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Net Worth	£32,013,000	-32.1%	£47,150,000	22.3%	£38,543,000	19.2%	£32,336,000	42.3%	£22,728,000
	Working Capital	£10,534,000	-59.4%	£25,955,000	-27.1%	£35,596,000	24.7%	£28,550,000	42.5%	£20,039,000
	Total Assets	£62,049,000	-14.4%	£72,509,000	11.7%	£64,910,000	6.3%	£61,038,000	8.2%	£56,406,000
	Total Liabilities	£22,249,000	25.3%	£17,753,000	60.4%	£11,070,000	-14.6%	£12,970,000	-23.9%	£17,051,000
	Net Assets	£39,800,000	-27.3%	£54,756,000	1.7%	£53,840,000	12%	£48,068,000	22.1%	£39,355,000

Cash Flow

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Net Cashflow from Operations	-	-	-	-	£6,852,000	-7.2%	£7,387,000	-22.3%	£9,505,000
	Net Cashflow before Financing	-	-	-	-100%	£5,563,000	17.8%	£4,722,000	-8.8%	£5,178,000
	Net Cashflow from Financing	-	-	-	-	-£270,000	17.9%	-£329,000	-393.8%	£112,000
	Increase in Cash	-	-	-	-	£5,293,000	20.5%	£4,393,000	-17%	£5,290,000

Miscellaneous

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	30/09/13	(%)	30/09/12	(%)	30/09/11
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
	Capital Employed	£41,052,000	-28.6%	£57,497,000	-0.9%	£58,029,000	10.8%	£52,395,000	13.4%	£46,195,000
	Number of Employees	284	-10.4%	317	-7.8%	344	3.3%	333	10.6%	301
	Accountants
	Auditors	KPMG
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BANK OF IRELAND
	Bank Branch Code	90-02-95

Ratios

	Date Of Accounts	31/03/16	31/03/15	30/09/13	30/09/12	30/09/11
	Pre-tax profit margin %	18.41	2.36	11.60	15.32	15.24
	Current ratio	1.50	2.73	6.17	4.30	2.96
	Sales/Net Working Capital	5.67	3.14	1.53	2.04	2.86
	Gearing %	9.10	8.30	8.30	9.60	18.10
	Equity in %	73.30	84.40	108.50	106.10	98.90
	Creditor Days	26.78	31.64	20.98	21.50	22.84
	Debtor Days	60.96	58.07	58.53	62.03	52.89
	Liquidity/Acid Test	1.11	2.17	4.96	3.34	2.28
	Return On Capital Employed %	26.80	3.35	10.91	17.04	18.92
	Return On Total Assets Employed %	17.73	2.66	9.75	14.63	15.49
	Current Debt Ratio	0.52	0.27	0.12	0.17	0.25
	Total Debt Ratio	0.55	0.32	0.20	0.26	0.43
	Stock Turnover Ratio %	13.42	10.26	15.26	14.17	12.10
	Return on Net Assets Employed %	27.64	3.52	11.76	18.58	22.21

Event History View Documents

Date	Description
07/10/2017	Confirmation Statement
23/06/2017	Payment Data Update Received
03/01/2017	New Accounts Filed
03/01/2017	New Accounts Filed
07/10/2016	Annual Returns
12/05/2016	New Board Member Mr G.F. Hill appointed
20/04/2016	Mr K.J. Boyd has left the board
20/02/2016	New Accounts Filed
26/10/2015	Annual Returns
03/09/2015	New Board Member Mr A. Dennis appointed
28/07/2015	Payment Data Update Received
21/07/2015	Payment Data Update Received
20/07/2015	Mr D.J. Flint has left the board
20/07/2015	New Board Member Dr I.R. Barkshire appointed
20/07/2015	New Board Member Mr T. Curtis appointed

Previous Company Names

Date	Previous Name
18/03/2014	ANDOR TECHNOLOGY PLC
12/11/2004	ANDOR TECHNOLOGY LTD
28/02/1990	ZUMBOORUK LIMITED
01/01/1950	ANDOR TECHNOLOGY LTD
01/01/1800	ANDOR TECHNOLOGY LTD

Statistics

Group	34 companies
Linkages	30 companies
Countries	In 7 countries

Summary

Holding Company	OXFORD INSTRUMENTS NANOTECHNOLOGY TOOLS HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	OXFORD INSTRUMENTS PLC

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
OXFORD INSTRUMENTS PLC	00775598	31.03.2017	Y	£348,500,000
OXFORD INSTRUMENTS SYN...	03145609	31.03.2017	N
OXFORD INSTRUMENTS OVE...	03302442	31.03.2017	N
OXFORD INSTRUMENTS H...	06800561	31.03.2017	N
OXFORD INSTRUMENTS O...	06535207	31.03.2017	N
OXFORD INSTRUMENTS...	08384685	31.03.2017	N
OXFORD INSTRUMENT...	IE549142	31.03.2017	N
NANOTECHNOLOGY TOOLS L...	00911855	31.03.2017	N
OXFORD INSTRUMENTS HOL...	N/A	-	-
OXFORD INSTRUMENTS O...	02418844	31.03.2017	N
OXFORD INSTRUMENTS ASY...	N/A	-	-
ASYLUM RESEARCH UK LTD	05573791	31.03.2017	N
OXFORD INSTRUMENTS ANA...	04068000	31.03.2017	N
OXFORD INSTRUMENTS S...	01675071	31.03.2017	N
OXFORD MAGNET TECH...	00566186	31.03.2017	N
OXFORD INSTRUMENTS IND...	04068014	31.03.2017	N
OXFORD INSTRUMENTS I...	01044063	31.03.2016	N	£10,304,000
OXFORD INSTRUMENTS...	01468532	31.03.2017	N
R M G TECHNOLOGY L...	04009340	31.03.2017	N
HITACHI HIGH-TECH...	10707125	-	N
OXFORD INSTRUMENTS NAN...	04068071	31.03.2017	N
ANDOR TECHNOLOGY LIM...	NI022466	31.03.2016	N	£59,757,000
OXFORD INSTRUMENTS N...	00704320	31.03.2017	N	£126,283,000
OXFORD INSTRUMENTS...	00602774	31.03.2017	N
OXFORD INSTRUMENTS...	00926398	31.03.2017	N
OXFORD INSTRUMENTS...	01371454	31.03.2017	N
PLASMA TECHNOLOGY...	01572544	31.03.2017	N
OXFORD INSTRUMENTS...	01581072	31.03.2017	N
LINK ANALYTICAL L...	02007207	31.03.2017	N
OXBRIDGE INSTRUME...	02522308	31.03.2017	N
OXFORD INSTRUMENT...	02415956	31.03.2017	N
OXFORD INSTRUMENTS M...	05004981	31.03.2017	N
RESONANCE INSTRUME...	02751186	31.03.2017	N
OXFORD SEMICON LIMITED	00623373	31.03.2017	N

Group	34 companies
Linkages	30 companies
Countries	In 7 countries

Statistics

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
OXFORD INSTRUMENTS ANALYTICAL OY	18372152	31.03.2016	€6,082,000
OXFORD INSTRUMENTS GMBH	HRB 21599	31.03.2016
HITACHI HIGH-TECH ANALYTICAL SCIENCE GMBH	HRB 9820	31.03.2016
WORLDWIDE ANALYTICAL SYSTEMS GESELLSCHAFT FÜR ANALYTISCHE MEßSYSTEME MBH	HRB 1919	31.03.2010
SCIENTA SCIENTIFIC AKTIEBOLAG	5562568575	31.12.2016	11,446 KSEK
OXFORD INSTRUMENTS SARL	313630758	31.03.2016	€5,189,788
OMICRON UHV TECHNIK LIMITED	04056652	31.12.2016	£3,534,075
SCIENTA OMICRON GMBH	HRB 16116	31.12.2015	€31,413,862
OXFORD INSTRUMENTS ROENTGENANALYTIK GMBH	HRB 25346	31.03.2014
OXFORD INSTRUMENTS HOLDINGS GMBH	HRB 25561	31.03.2015
OXFORD INSTRUMENTS HOLDINGS GMBH	HRB 25561	31.03.2016
SCIENTA OMICRON EUROPE AB	5566902937	31.12.2016
OXFORD INSTRUMENTS NORDISKA AB	5567492342	31.03.2017	21,188 KSEK
VACGEN LIMITED	05361640	31.12.2016	£9,133,039
OMICRON NANOTECHNOLOGY LIMITED	03204016	31.03.2017
BITPLANE AG	655641	-
ROENTGENANALYTIK SYSTEME GMBH & CO. KG	HRA 9488	31.03.2014
OMNIPROBE INC		-	$7,590,000
MEDICAL IMAGING RESOURCES INC.		-	$1,141,000
OXFORD INSTRUMENTS X-RAY TECHNOLOGY, INC		-	$75,000,000

Mortgage Details

Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	07/12/04
Date Charge Registered:	23/12/04
Date Charge Satisfied:	19/01/16
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND;
Amount Secured:
Details:	ALL MONIES EQUITABLE ASSIGNMENT OF RIGHTSPROPERTY AT SPRINGVALE BUSINESS PARK, SPRINGFIELD ROAD, BELFAST
Mortgage Type:	DEBENTURE
Date Charge Created:	07/12/04
Date Charge Registered:	22/12/04
Date Charge Satisfied:	09/03/16
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND;
Amount Secured:
Details:	ALL MONIES DEBENTURE.1. BY WAY OF FIXED CHARGE:THE HEREDITAMENTS AND PREMISES DESCRIBED IN THE SCHEDULE TO THE DEBENTURE AND ALL ESTATE OR INTEREST LEGAL OR EQUITABLE IN ALL OTHER FREEHOLD OR LEASEHOLD PROPERTY OR PROFITS A PRENDRE EASEMENTS, RIGHTS OF WAY, RIGHTS UNDER COVENANTS, AGREEMENTS, UNDERTAKING, INDEMNITIESAND RIGHTS TO COMPENSATION, STATUTORY OR OTHERWISE OR INCOME ATTACHING THERETO ...............................................................SEE 402 FOR FURTHER DETAILS.

Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	07/12/04
Date Charge Registered:	22/12/04
Date Charge Satisfied:	09/03/16
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND;
Amount Secured:
Details:	ALL MONIES CHARGE.ALL THAT PART OF THE PREMISES COMPRISED IN FOLIO AN61062L COUNTY ANTRIM AS IS COMPRISED IN AN INDENTURE OF TRANSFER DATED 7 DECEMBER 2004 ANDMADE BETWEEN HERON PROPERTY LIMITED (1)AND THE CHARGOR (2).SEE 402 FOR FURTHERDETAILS.
Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	07/12/04
Date Charge Registered:	21/12/04
Date Charge Satisfied:	19/01/16
Status:	SATISFIED
Person(s) Entitled:	INVEST NORTHERN IRELAND;
Amount Secured:
Details:	ALL MONIES MORTGAGE DEED.1. BY FIRST FIXED CHARGE, THAT PART OF THE PREMISES WHICH WERE ORIGINALLY COMPRISED IN FOLIO AN 61062L COUNTY ANTRIM ..........SEE 402 FOR FURTHER DETAILS.

Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	08/02/99
Date Charge Registered:	09/02/99
Date Charge Satisfied:	19/01/16
Status:	SATISFIED
Person(s) Entitled:	BANK OF IRELAND;
Amount Secured:
Details:	DEED OF CHARGE. THE LANDS AND PREMISES COMPRISED IN FOLIOS AN36101 AND AN42241 COUNTY ANTRIM CONTAINING 2.208 ACRES KNOWN AS 9 MILLENNIUM WAY, SPRINGVALE BUSINESS PARK BELFAST, BEING THE LANDS AND PREMISES COMPRISED IN AND DEMISED BY INDENTURE OF LEASE DATED 8TH DAY OF FEBRUARY1999 MADE BETWEEN DEPARTMENT OF ECONOMIC DEVELOPMENT OF THE ONE PART, ANDOR TECHNOLOGY LIMITED OF THE OTHER PART FOR THE TERM OF 999 YEARS FROM DAY OF 1999 SUBJECT TOTHE YEARLY RENT OF ;1.00 THEREBY RESERVED AND TO THE COVENANTS ON THE LESSEES PART AND CONDITIONS THEREIN CONTAINED. THE COMPANY THEREIN COVENANTED THAT IT SHALL NOT AND WILL NOT CREATE A SECOND OR SUBSEQUENT CHARGEOF THE CHARGED PREMISES WITHOUT THE PRIOR CONSENT IN WRITING OF THE BANK.
Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	20/08/98
Date Charge Registered:	01/09/98
Date Charge Satisfied:	19/01/16
Status:	SATISFIED
Person(s) Entitled:	BANK OF IRELAND;
Amount Secured:
Details:	ALL MONIES DEBENTURE THE COMPANYS UNDERTAKING PROPERTY AND ASSETS WHATSOEVER AND WHERESOEVER BOTH PRESENT AND FUTURE INCLUDING GOODWILL AND UNCALLED CAPITAL. THE CHARGE SHALL AS REGARDS ALL ESTATE OR INTERESTLEGAL OR EQUITABLE IN ALL FREEHOLD OR LEASE- HOLD PROPERTY ALL PROFITS A PRENDRE EASE MENTS RIGHTS OF WAY RIGHTS UNDER COVEN- ANTS AGREEMENTS UNDERTAKINGS AND INDEM- NITIES AND RIGHTS TO COMPENSATION STAT- UTORY OR OTHERWISE OR INCOME ATTACHING THERETO WHICH SHALL AT ANYTIME HERE- AFTER DURING THE CONTINUANCE OF THIS SECURITY BECOME THE PROPERTY OF THE COMPANY AND ALL PRESENTAND FUTURE PROCEEDS OF INSURANCE RECEIVABLE BY THE COMPANY AND ITS GOODWILL AND UNCALLED CAPITAL FOR THE TIMEBEING BE A SPECIFIC CHARGE ANDAS REGARDS ALL FREE- HOLD OR LEASEHOLD PROPERTY SHALL CON- STITUTE A LEGAL MORTGAGE AND SHALL AS REGARDS THE OTHER PROPERTY HEREBY CHARGED BE A FLOATING SECURITY BUT SO THAT THE COMPANY SHALL NOT BE AT LIBERTY TO CREATE ANYMORTGAGE OR CHARGE RANKING IN PRIORITY TO OR PARI PASSU WITH THESE PRESENTS ORSELL OR ASSIGN OR GRANT ANY LICENSE TOOCCUPY ANY OF THE PROPERTIES HEREBY CHARGED WITHOUT THE PRIOR WRITTEN CONSENT OF THE BANK. THE DEBENTURE FURTHERPROVIDES THAT THE COMPANY SHALL NOT WITHOUT THE PRIOR WRITTEN CONSENT OF THE BANK ASSIGN OR CHARGE ITS BOOK DEBTS.

Mortgage Type:	MORTGAGE OR CHARGE
Date Charge Created:	21/11/96
Date Charge Registered:	22/11/96
Date Charge Satisfied:	19/01/16
Status:	SATISFIED
Person(s) Entitled:	BANK OF IRELAND;
Amount Secured:
Details:	ALL MONIES. FIXED AND FLOATING CHARGE 1. BY WAY OF FIXED EQUITABLE CHARGE (I) ALL PURCHASED DEBTS BEING ANY BOOK DEBTS AS DEFINED IN THE AGREEMENT PURCHASED OR PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO THE AGREE- MENT THE OWNERSHIP OF WHICH FAILTO VEST ABSOLUTELY AND EFFECTIVELY IN THE SECURITY HOLDER FOR ANY REASONAND (II) ALL OTHER DEBTS BEING THOSE OTHER THAN THE PURCHASED DEBTS NOW OR AT ANY TIME HEREAFTER OWING OR BECOMINGDUE TO THE COMPANY ON ANY ACCOUNT WHATSOEVER AND (III) ALL ASSOCIATED RIGHTS AS DEFINED IN THE AGREEMENT AND REFERENCE TO "A DEBT" AND TO "A CONTRACT OF SALE" IN OR IN CONNECTION WITH SUCH DEFINITION SHALL INCLUDE REFERENCES TOAN OTHER DEBT AND TO ANY CONTRACT GIVING RISE TO AN OTHER DEBT. 2. BY WAY OF A FLOATING CHARGE ALL THE UNDERTAKING AND ALL THE RIGHTS AND ASSETS OF THE COMPANY WHATSOEVER AND WHERESOEVER BOTH PRESENT AND FUTURE INCLUDING THE COMPANYS STOCK IN TRADE AND ITS UNCALLED CAPITAL OTHER THAN SUCH PROPERTY AS SHALL BE SUBJECT TO THE FIXED CHARGE ABOVE DETAILED FROM TIME TO TIME.

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Colin James Walsh	26		10	8
William Thomas Parsons	1		8	5
Tony Nash	6		7	3
Peter John Smith	24		20	15
Alan Richard Lilley	0		10	3
Bryan Stanley Keating	6		10	10
Stephanie Anne Quinn	2		1	1
Aislinn Briege Rice	1		2	1
John O M Knapton	0		1	0
John Doherty	0		1	0
Conor Walsh	0		1	0
Kristine A Langdon	0		1	0
Hugh Cormican	3		2	2
Michael Wallace Pringle	0		1	0
J F Fulton	0		1	0
Thomas Morrow	0		1	0
Conor Walsh	2		2	1
Nigel Mark Lowry	0		1	0
Christopher Calling	0		1	0
Susan Leah Novak Vogt	0		2	0
David Jonathan Flint	0		12	0
Alan Richard Lilley	0		1	0
Mary Beth Duseau	0		1	0
William Rhodes	0		1	0
James Douglas Haynes	0		3	1
Kevin James Boyd	0		1	0
Total Persons With Significant Control	1	Total Statements		0
Active	1	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Oxford Instruments Nanotechnology Tools Holdings Limited	Kind	Corporate Entity With Significant Control
Address	Tubney Woods, Abingdon, Oxon	Notified On	06/04/2016
Post Code	OX13 5QX	Legal Form	Limited By Shares
Authority	United Kingdom (England)	Place Registered	Companies House
Country Registered	England	Registration Number	4068071
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors

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

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.38
UK Pound	1	INR 86.02
Euro	1	INR 76.50
GBP	1	INR 85.95

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

INFORMATION DETAILS

Analysis Done by :	PRI
Report Prepared by :	KET

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.