3decades

MIRA INFORM REPORT

Report No. :	485507
Report Date :	15.01.2018

IDENTIFICATION DETAILS

Name :	KOLAK SNACK FOODS LIMITED

Formerly Known As :	KOLAK ENTERPRISES LIMITED

Registered Office :	308-310 Elveden Road London NW10 7ST

Country :	United Kingdom

Date of Incorporation :	19.03.1984

Com. Reg. No.:	01800911

Legal Form :	Private limited with Share Capital

Line of Business :	· Processing and preserving of potatoes · Manufacturing and supplies private label products to majority of the major multiples along with supply of its own brand products.

No. of Employees :	1040 (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
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

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

KOLAK SNACK FOODS LIMITED

308-310 ELVEDEN ROAD LONDON NW10 7ST

Company No.

01800911

Company Status

Active - Accounts Filed

Company Summary

Registered Address 308-310 ELVEDEN ROAD
LONDON
NW10 7ST

Trading Address 308-310 Elveden Road
London
NW10 7ST

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

Telephone Number 02089655331

Fax Number

TPS No

FPS Yes

Incorporation Date 19/03/1984

Previous Name KOLAK ENTERPRISES LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 31/12/1996

Filing Date of Accounts 31/10/2017

Currency GBP

Share Capital £1,000,000

SIC07 10310

Charity Number -

SIC07 Description PROCESSING AND PRESERVING OF POTATOES

Principal Activity Manufacturing and supplies private label products to majority of the major multiples along with supply of its own brand products.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company SNACKS DÉVELOPPEMENT SAS

Accountant -

Mortgages 14

Trade Debtors -

Group 3 companies

Linkages 39 companies

Countries In 9 countries

Key Financials

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

31/01/2017 £40,812,885 £4,770,247 £39,331,743 1040

30/09/2016 £120,165,104 £19,347,447 £36,939,512 907

30/09/2015 £109,534,784 £9,498,995 £19,019,443 870

Mortgage Summary

Total Mortgage 14

Outstanding 1

Satisfied 13

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 1

Total Value of Documented Trade £2,520

Commentary

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

This company has made late payments on a medium 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	1	Total Current Secretaries	0
Total Previous Directors / Company Secretaries	6	Total Person's With Significant Control	2

Current Directors

Title	Mr	Function	Director
Name	Christophe Andre Robert Fenart	Nationality	French
Date of Birth	04/1969	Present Appointments	1
Latest Address	2 Rue Parrot, Paris	Appointment Date	06/10/2016
Post Code	75012

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
SNACKS INTERNATIONAL DEVELOPMENT UK LIMITED	GBP	1,000,000	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
	Weeks	18	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	Y	(%)	Y	(%)	Y
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Turnover	£40,812,885	-66%	£120,165,104	9.7%	£109,534,784	8.4%	£101,050,408	30.4%	£77,497,910
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Export	£4,969,583	-50.1%	£9,951,645	-	-	-	-	-	£6,260,773
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Cost of Sales	£34,806,460	-64.1%	£96,988,131	0.7%	£96,297,827	7.5%	£89,558,478	26.5%	£70,777,214
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Gross Profit	£6,006,425	-74.1%	£23,176,973	75.1%	£13,236,957	15.2%	£11,491,930	71%	£6,720,696
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Wages & Salaries	£5,158,838	-70%	£17,217,249	8.2%	£15,907,282	5.1%	£15,131,643	25.1%	£12,092,219
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-100%	£675,305	53.2%	£440,888	82.1%	£242,152	15.7%	£209,218
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Operating Profit	£4,771,796	-75.6%	£19,550,931	102.5%	£9,654,949	20.8%	£7,995,762	72%	£4,647,976
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Depreciation	£914,689	-68.7%	£2,925,618	15.3%	£2,537,805	-4.1%	£2,645,681	87.6%	£1,409,946
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Audit Fees	£51,000	-21.5%	£65,000	-26.8%	£88,800	165.1%	£33,500	63.2%	£20,530
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Interest Payments	£1,549	-99.2%	£203,483	30.5%	£155,954	-46%	£288,632	-12%	£327,909
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Pre Tax Profit	£4,770,247	-75.3%	£19,347,447	103.7%	£9,498,995	23.2%	£7,707,130	78.4%	£4,320,080
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Taxation	-£2,378,016	45.1%	-£4,328,044	-109.5%	-£2,065,802	-36.3%	-£1,515,295	-44.7%	-£1,047,244
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Profit After Tax	£2,392,231	-84.1%	£15,019,403	102.1%	£7,433,193	20%	£6,191,835	89.2%	£3,272,836
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Dividends Payable	-	-100%	£450,000	-16.7%	£540,000	28.6%	£420,000	40%	£300,000
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Retained Profit	£2,392,231	-83.6%	£14,569,403	111.4%	£6,893,193	19.4%	£5,771,835	94.2%	£2,972,836

Balance Sheet

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Tangible Assets	£23,705,441	0.9%	£23,482,371	62.6%	£14,440,040	-3.3%	£14,933,857	19.1%	£12,537,633
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-100%	£543,753	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Fixed Assets	£23,705,441	0.9%	£23,482,371	62.6%	£14,440,040	-6.7%	£15,477,610	23.4%	£12,537,633
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Stock	£7,158,964	15.2%	£6,212,982	-1.8%	£6,326,754	-1.6%	£6,429,656	42.1%	£4,523,317
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Trade Debtors	£19,408,940	-5%	£20,422,571	8.7%	£18,785,564	16.3%	£16,153,041	-5.9%	£17,166,989
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Cash	£1,891,284	-52.3%	£3,965,667	237.9%	£1,173,550	999.9%	£68,393	-42%	£117,819
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Other Debtors	£7,472,541	6.7%	£7,001,093	16.2%	£6,022,895	302.8%	£1,495,202	-23.2%	£1,945,677
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Current Assets	£35,931,729	-4.4%	£37,602,313	16.4%	£32,308,763	33.8%	£24,146,292	1.7%	£23,753,802
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Trade Creditors	£9,850,032	-22.7%	£12,741,484	26.2%	£10,094,571	1.5%	£9,942,944	5%	£9,465,443
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-100%	£764,392	-1.8%	£778,465	-29.9%	£1,110,594
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Other Short Term Finance	£2,659,840	-	0	-100%	£1,364,539	-66.6%	£4,089,502	-34%	£6,192,452
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£6,122,535	-36.5%	£9,646,277	-12.9%	£11,070,197	75.9%	£6,293,644	21.7%	£5,169,945
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Current Liabilities	£18,632,407	-16.8%	£22,387,761	-3.9%	£23,293,699	10.4%	£21,104,555	-3.8%	£21,938,434
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£1,673,020	-4.8%	£1,757,411	-66.2%	£5,200,053	-27.5%	£7,171,562	-21.3%	£9,109,180
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-100%	£297,500	-80.1%	£1,494,171	-29.3%	£2,114,143
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£1,673,020	-4.8%	£1,757,411	-60.4%	£4,435,661	-30.6%	£6,393,097	-20.1%	£7,998,586

Capital & Reserves

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Called Up Share Capital	£1,000,000	-	£1,000,000	-	£1,000,000	-	£1,000,000	-	£1,000,000
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	P & L Account Reserve	£34,970,352	7.3%	£32,578,121	80.9%	£18,007,443	62%	£11,114,250	108%	£5,342,415
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Sundry Reserves	£3,361,391	-	£3,361,391	999.9%	£12,000	-	£12,000	-	£12,000
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Shareholder Funds	£39,331,743	6.5%	£36,939,512	94.2%	£19,019,443	56.8%	£12,126,250	90.8%	£6,354,415

Other Financial Items

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Net Worth	£39,331,743	6.5%	£36,939,512	94.2%	£19,019,443	64.2%	£11,582,497	82.3%	£6,354,415
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Working Capital	£17,299,322	13.7%	£15,214,552	68.8%	£9,015,064	196.4%	£3,041,737	67.6%	£1,815,368
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Assets	£59,637,170	-2.4%	£61,084,684	30.7%	£46,748,803	18%	£39,623,902	9.2%	£36,291,435
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Liabilities	£20,305,427	-15.9%	£24,145,172	-12.9%	£27,729,360	0.8%	£27,497,652	-8.1%	£29,937,020
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Net Assets	£39,331,743	6.5%	£36,939,512	94.2%	£19,019,443	56.8%	£12,126,250	90.8%	£6,354,415

Cash Flow

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-£450,667	-102.5%	£18,373,810	62.1%	£11,331,539	52.6%	£7,424,323	94.5%	£3,817,955
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-£2,074,383	-128.9%	£7,184,325	10.8%	£6,483,054	999.9%	-£269,810	53.4%	-£579,188
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	100%	-£4,367,072	18.6%	-£5,363,824	-273.8%	-£1,434,822	-580.5%	£298,636
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Increase in Cash	-£2,074,383	-173.6%	£2,817,253	151.7%	£1,119,230	165.7%	-£1,704,632	-507.6%	-£280,552

Miscellaneous

	Date Of Accounts	31/01/17	(%)	30/09/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13
	Contingent Liability	NO	-	NO	-	YES	-	YES	-	NO
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Capital Employed	£41,004,763	6%	£38,696,923	65%	£23,455,104	26.7%	£18,519,347	29%	£14,353,001
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Number of Employees	1040	14.7%	907	4.3%	870	3.1%	844	18.4%	713
	Accountants
	Auditors	ERNST & YOUNG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	HSBC BANK PLC
	Bank Branch Code	40-05-23

Ratios

	Date Of Accounts	31/01/17	30/09/16	30/09/15	30/09/14	30/09/13
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	11.69	16.10	8.67	7.63	5.57
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Current ratio	1.93	1.68	1.39	1.14	1.08
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	2.36	7.90	12.15	33.22	42.69
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Gearing %	4.30	4.80	27.30	59.10	143.40
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Equity in %	66	60.50	40.70	31	17.50
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Creditor Days	30.40	38.59	33.54	35.81	44.45
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Debtor Days	59.92	61.86	62.42	58.18	80.63
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.54	1.40	1.11	0.83	0.87
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Return On Capital Employed %	11.63	49.99	40.49	41.61	30.09
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	7.99	31.67	20.31	19.45	11.90
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.47	0.60	1.22	1.74	3.45
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.51	0.65	1.45	2.26	4.71
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	17.54	5.17	5.77	6.36	5.83
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	12.12	52.37	49.94	63.55	67.98

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
07/11/2017	New Accounts Filed
07/11/2017	New Accounts Filed
27/10/2017	Confirmation Statement
14/09/2017	Payment Data Update Received
13/09/2017	Payment Data Update Received
15/07/2017	New Accounts Filed
10/06/2017	Payment Data Update Received
02/06/2017	Payment Data Update Received
14/10/2016	Annual Returns
12/10/2016	New Board Member Mr C.A. Fenart appointed
11/10/2016	Mr R. Lakhani has left the board
11/10/2016	Mr B.M. Lakhani has resigned as company secretary
11/10/2016	Mr B.M. Lakhani has left the board
11/10/2016	Mr A.M. Lakhani has left the board
02/07/2016	New Accounts Filed

Previous Company Names

Date	Previous Name
31/12/1996	KOLAK ENTERPRISES LIMITED

Writ Details

No writs found

Statistics

Group	3 companies
Linkages	39 companies
Countries	In 9 countries

Summary

Holding Company	SNACKS INTERNATIONAL DEVELOPMENT UK LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	SNACKS DÉVELOPPEMENT SAS

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\tminus.gif$ SNACKS DÉVELOPPEMENT SAS	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\tminus.gif$ SNACKS INTERNATIONAL D...	10299944	31.01.2017	N	£247,255
$Description: \\Vivek-pc\123 Foreign Report Raw\KOLAK SNACK FOODS LIMITED_files\L.gif$ KOLAK SNACK FOODS LI...	01800911	31.01.2017	N	£40,812,885

Mortgage Details

Mortgage Type:
Date Charge Created:	06/10/16
Date Charge Registered:	17/10/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CRÉDIT INDUSTRIEL ET COMMERCIAL;
Amount Secured:
Details:	N/ACONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	15/12/15
Date Charge Registered:	22/12/15
Date Charge Satisfied:	02/09/16
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	THE FREEHOLD PROPERTY KNOWN AS 5/6 BESSEMER DRIVE, GUNNELS WOOD ROAD, STEVENAGE, AS REGISTERED AT THE HM LAND REGISTRY UNDER THE TITLE NUMBER HD 230064.CONTAINS FIXED CHARGE.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:	FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE
Date Charge Created:	06/01/12
Date Charge Registered:	10/01/12
Date Charge Satisfied:	05/10/16
Status:	SATISFIED
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER");
Amount Secured:
Details:	BY WAY OF FIRST FIXED CHARGE ALL DEBTS AND ALL EXPORT DEBTS PURPORTEDLY ASSIGNED TO THE SECURITY HOLDER PURSUANT TO THEDEBT PURCHASE AGREEMENT. ALL ASSOCIATEDRIGHTS RELATING TO ANY NON-VESTING DOMESTIC DEBTS AND NON-VESTING EXPORT DEBTS. BY WAY OF FIRST FIXED CHARGE THE EXCLUDED PROCEEDS AND BY WAY OF FIRST FLOATING CHARGE ALL PRESENT AND FUTURE ASSETS UNDERTAKING AND ALL OTHER PROPERTY AND ASSETS SEE IMAGE FOR FULL DETAILS
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	23/12/11
Date Charge Registered:	30/12/11
Date Charge Satisfied:	05/10/16
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	310 ELVEDON ROAD PARK ROYAL LONDON T/NONGL451811 WITH THE BENEFIT OF ALL RIGHTS, LICENCES, GUARANTEES, RENT DEPOSITS, CONTRACTS, DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THE PROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILL OFANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY. ANY RENTAL & OTHER MONEY PAYABLE AND ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY & ALL OTHER PAYMENTS WHATEVER INRESPECT OF THE PROPERTY

Mortgage Type:	FLOATING CHARGE
Date Charge Created:	21/05/04
Date Charge Registered:	22/05/04
Date Charge Satisfied:	27/10/06
Status:	SATISFIED
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BY WAY OF FLOATING CHARGE ALL THE UNDERTAKING OF THE COMPANY AND ALL ASSETS WHATSOEVER AND WHERESOEVER SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST
Date Charge Created:	29/01/02
Date Charge Registered:	30/01/02
Date Charge Satisfied:	27/10/06
Status:	SATISFIED
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BY WAY OF FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO ANAGREEMENT FOR THE PURCHASE OF DEBTS BETWEEN THE SECURITY HOLDER AND THE COMPANY(INCLUDING ASSOCIATED RIGHTS RELATING THERETO) WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE SECURITY HOLDER FOR ANY REASON

Mortgage Type:	CHATTEL MORTGAGE
Date Charge Created:	19/04/96
Date Charge Registered:	27/04/96
Date Charge Satisfied:	27/10/06
Status:	SATISFIED
Person(s) Entitled:	LOMBARD NORTH CENTRAL PLC
Amount Secured:	£81,250 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OFTHE CHARGE
Details:	VARIOUS CHATTELS AS SPECIFIED IN FORM 395 RELATIVE TO THIS CHARGE SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	MORTGAGE
Date Charge Created:	27/11/95
Date Charge Registered:	29/11/95
Date Charge Satisfied:	27/10/06
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED
Amount Secured:	£641,600 AND ALL OTHER MONIES DUE OR TOBECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	THE ITEMS SET OUT IN THE SCHEDULE ATTACHED TO THE FORM 395 TOGETHER WITH ALL ACCESSORIES AND COMPONENT PARTS AND ALL IMPROVEMENTS WITH ALL BOOKS MANUALS HANDBOOKS TECHNICAL DATA SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	25/09/95
Date Charge Registered:	11/10/95
Date Charge Satisfied:	03/11/06
Status:	SATISFIED
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H PROPERTY K/A 308/310 ELVEDON ROAD PARK ROYAL LONDON TOGETHER WITH ALL FIXTURES AND FITTINGS NOWOR AT ANY TIME HEREAFTER ON THE PROPERTY. THE BENEFITS OF ALL RIGHTS LICENCES AND THE GOODWILL OF THE MORTGAGOR INRELATION TO THE BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	25/09/95
Date Charge Registered:	04/10/95
Date Charge Satisfied:	27/10/06
Status:	SATISFIED
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL GOODWILL BOOKDEBTS AND PATENTSFIXED CHARGE ON ALL GOODWILL AND UNCALLED CAPITAL FOR THE TIME BEING OF THE COMPANY; AND ALL PATENTS PATENT APPLICATIONS INVENTIONS TRADE MARKS TRADE NAMES ETC

Mortgage Type:	CHATTEL MORTGAGE
Date Charge Created:	19/12/94
Date Charge Registered:	29/12/94
Date Charge Satisfied:	03/11/06
Status:	SATISFIED
Person(s) Entitled:	LOMBARD NORTH CENTRAL PLC
Amount Secured:	£46,800 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	ONE TBD-230 PACKAGING MACHINE INCLUDING2X PRINTERS 1X DC-SD CONVEYOR 1XDCV CROSSFEEDER 2X PHOTOCELLSSERIAL NUMBER 0028/29
Mortgage Type:	CHATTELS MORTGAGE
Date Charge Created:	14/10/92
Date Charge Registered:	14/10/92
Date Charge Satisfied:	03/11/06
Status:	SATISFIED
Person(s) Entitled:	FORWARD TRUST LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL CHATTELS PLANT MACHINERY AND THINGSDESCRIBED IN THE SCHEDULE. ONE NEW POTATO CRISP LINE PC1000 TO INC: ALL EQUIPMENT (SEE FORM 395 FOR FULL DETAILS)

Mortgage Type:	DEBENTURE
Date Charge Created:	09/04/87
Date Charge Registered:	15/04/87
Date Charge Satisfied:	30/11/95
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY
Mortgage Type:	MORTGAGE DEBENTURE
Date Charge Created:	13/05/85
Date Charge Registered:	17/05/85
Date Charge Satisfied:	30/11/95
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	A SPECIFIC EQITABLE CHARGE OVER ALL F/H& L/H PROPERTIES AND/OR THE PROCEEDS OFSALE THEREOF. FIXED &FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY ANDASSETS PRESENT AND FUTURE INCLUDING GOODWILL & BOOK DEBTS.

Creditor Details

	Total Number	Total Value
Trade Creditors	0	-
No Creditor Data

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	1	£2,520
Company Name	Amount	Statement Date
Ashtree Recycling Limited	£2,520	03/05/2012

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Manish Shantilal Dhamecha	4		7	15
Ashok Mathuradas Lakhani	4		3	7
Bharat Mathuradas Lakhani	3		4	2
Bharat Mathuradas Lakhani	3		4	2
Pradip Khodidas Dhamecha	7		8	35
Rikin Lakhani	0		1	2
Total Persons With Significant Control		2	Total Statements		0
Active		1	Active		0
Ceased		1	Ceased		0

Active Persons With Significant Control

Name	Snacks International Development Uk Limited	Kind	Corporate Entity With Significant Control
Address	308-310 Elveden Road, London	Notified On	06/10/2016
Post Code	NW10 7ST	Legal Form	Private Limited Company
Authority	Companies Act 2006	Place Registered	Companies House
Country Registered	England	Registration Number	10299944
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

Name	Mr Christphoe Andre Robert Fenart	Kind	Individual Person With Significant Control
Address	2 Rue Parrot, Paris	Country Of Residence	France
Post Code	75012	Nationality	France
Date of Birth	04/1969	Notified On	06/10/2016
Nature Of Control	Right to appoint and remove directors	Ceased On	06/10/2016

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 63.53
UK Pound	1	INR 86.05
Euro	1	INR 76.53
GBP	1	INR 87.48

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

INFORMATION DETAILS

Analysis Done by :	NIY

Report Prepared by :	TRU

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.

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BUY WAY CONSUMER FINANCE SA	544585120	31.12.2016	€540,000
ALTRAFIN PARTICIPATIONS	503722449	31.12.2016
SOPHOS GROUP PLC	09608658	31.03.2017	£401,805,355
VOCALCOM	401973631	31.12.2014	€15,825,444
ITEFIN PARTICIPATIONS	494007016	31.12.2016
FINANCIERE HELIOS	483039806	31.12.2016
APAX PARTNERS	504829417	31.12.2016	€34,596,663
SOPHOS LIMITED	02096520	31.03.2017	£197,314,000
APAX PARTNERS SA	309044840	31.12.2013	€18,865,738
TOUPARGEL GROUPE	325307098	31.12.2016	€1,663,000
ALTAMIR GERANCE	402098917	31.12.2016	€828,354
SOPHOS B.V.	09068342	31.03.2017
BUY WAY TECH SA	835830885	31.12.2016	€851,697
IMMEQUIP	379090996	31.01.2005	€1,401,758
SOPHOS AB	5565575882	31.03.2017	48,188 KSEK
THREATSTAR HOLDING B.V.	59372486	31.03.2016
THREATSTAR B.V.	59372613	31.03.2016
SOPHOS NOMINEES LIMITED	04887122	31.03.2017
SOPHOS OVERSEAS LIMITED	10437392	31.03.2017	£198,793