3decades

MIRA INFORM REPORT

Report No. :	478488
Report Date :	22.12.2017

IDENTIFICATION DETAILS

Name :	MACKAYS STORES LIMITED

Registered Office :	Caledonia House, 5 Inchinnan Drive, Inchinnan Renfrew PA4 9AF

Country :	United Kingdom

Financials (as on) :	24.02.2017

Date of Incorporation :	25.04.1961

Com. Reg. No.:	SC036368

Legal Form :	Private limited with Share Capital

Line of Business :	· Retail sale of clothing in specialised stores · Operates as a multiple retailer of clothing with branches throughout the United Kingdom.

No. of Employees :	1520 (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

MACKAYS STORES LIMITED

CALEDONIA HOUSE, 5 INCHINNAN DRIVE, INCHINNAN RENFREW PA4 9AF

Company No.

SC036368

Company Status

Active - Accounts Filed

Company Summary

Registered Address CALEDONIA HOUSE, 5 INCHINNAN
DRIVE, INCHINNAN
RENFREW
PA4 9AF

Trading Address Caledonia House
5 Inchinnan Drive
Inchinnan
Renfrew, Renfrewshire
PA4 9AF

Website Address http://www.mandco.com

Telephone Number 01418129000

Fax Number

TPS Yes

FPS Yes

Incorporation Date 25/04/1961

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 01/09/2017

Currency GBP

Share Capital £495,000

SIC07 47710

Charity Number -

SIC07 Description RETAIL SALE OF CLOTHING IN SPECIALISED STORES

Principal Activity Operates as a multiple retailer of clothing with branches throughout the United

Kingdom.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company MACKAYS STORES GROUP LIMITED

Accountant -

Mortgages 72

Group 12 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

24/02/2017 £165,611,000 £1,100,000 £36,441,000 1520

26/02/2016 £163,177,000 -£355,000 £31,682,000 1554

20/02/2015 £160,403,000 -£4,258,000 £28,007,000 1633

Mortgage Summary

Total Mortgage 72

Outstanding 1

Satisfied 71

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 Large company in respect of the rating/limit generated.

This company's return on total assets employed ratio indicates a relatively 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 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	8	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	35	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Iain William McGeoch	Nationality	British
Date of Birth	12/1945	Present Appointments	16
Latest Address	Caledonia House, 5 Inchinnan, Drive, Inchinnan, Renfrew	Appointment Date	18/11/1988
Post Code	PA4 9AF
Title	Mr	Function	Director
Name	Stephen John Knott	Nationality	British
Date of Birth	09/1952	Present Appointments	4
Latest Address	20 Conduit Place, London	Appointment Date	05/01/2015
Post Code	W2 1HS

Title	Mr	Function	Director
Name	Neil James McGeoch	Nationality	British
Date of Birth	09/1977	Present Appointments	15
Latest Address	Caledonia House, 5 Inchinnan, Drive, Inchinnan, Renfrew	Appointment Date	05/01/2015
Post Code	PA4 9AF
Title	Miss	Function	Director
Name	Susan Elizabeth Swannie	Nationality	British
Date of Birth	11/1956	Present Appointments	2
Latest Address	Manor Grange Bidford Road, Cleeve Prior, Evesham, Worcestershire	Appointment Date	05/10/2015
Post Code	WR11 8LQ

Title	Mr	Function	Director
Name	Colin Rutherford	Nationality	British
Date of Birth	02/1968	Present Appointments	1
Latest Address	33 Cranley Mews, London	Appointment Date	17/03/2008
Post Code	SW7 3BY
Title	Mr	Function	Director
Name	Andrew John McGeoch	Nationality	British
Date of Birth	03/1980	Present Appointments	5
Latest Address	Caledonia House, 5 Inchinnan, Drive, Inchinnan, Renfrew	Appointment Date	30/11/2009
Post Code	PA4 9AF

Title	Mr	Function	Director
Name	Peter Mila	Nationality	British
Date of Birth	10/1968	Present Appointments	5
Latest Address	Caledonia House, 5 Inchinnan, Drive, Inchinnan, Renfrew	Appointment Date	05/09/2016
Post Code	PA4 9AF
Title	Mr	Function	Director
Name	Gavin Urwin	Nationality	British
Date of Birth	02/1977	Present Appointments	12
Latest Address	Caledonia House, 5 Inchinnan, Drive, Inchinnan, Renfrew	Appointment Date	06/03/2017
Post Code	PA4 9AF

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Malcolm James Archibald Miller	Nationality	British
Date of Birth	-	Present Appointments	9
Latest Address	61 Westland Drive, Jordanhill, Glasgow	Appointment Date	09/03/2009
Post Code	G14 9PE

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MACKAYS STORES (HOLDINGS) LTD	GBP	495,000	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	24/02/17	(%)	26/02/16	(%)	20/02/15	(%)	21/02/14	(%)	22/02/13
	Weeks	52	(%)	53	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Turnover	£165,611,000	1.5%	£163,177,000	1.7%	£160,403,000	1.3%	£158,289,000	-6.3%	£168,911,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Export	-	-	-	-100%	£160,403,000	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Cost of Sales	£137,844,000	-0.1%	£137,972,000	-0.1%	£138,098,000	0.3%	£137,724,000	-10.3%	£153,549,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Gross Profit	£27,767,000	10.2%	£25,205,000	13%	£22,305,000	8.5%	£20,565,000	33.9%	£15,362,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Wages & Salaries	£43,851,000	1.6%	£43,144,000	0.8%	£42,791,000	4.2%	£41,049,000	-0.4%	£41,202,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Directors Emoluments	£1,392,000	12.7%	£1,235,000	-3.5%	£1,280,000	5.8%	£1,210,000	19.4%	£1,013,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Operating Profit	£2,289,000	217.9%	£720,000	134.8%	-£2,066,000	-181.5%	£2,535,000	173.5%	-£3,448,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Depreciation	£4,050,000	-3.8%	£4,211,000	-9.2%	£4,636,000	-16.8%	£5,573,000	-28.2%	£7,760,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Audit Fees	£47,000	9.3%	£43,000	-2.3%	£44,000	7.3%	£41,000	-25.5%	£55,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Interest Payments	£871,000	-31.4%	£1,269,000	-36.2%	£1,990,000	-65.8%	£5,816,000	6.3%	£5,470,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Pre Tax Profit	£1,100,000	409.9%	-£355,000	91.7%	-£4,258,000	-999.9%	£2,000	100%	-£5,262,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Taxation	-£566,000	-70%	-£333,000	-188.3%	£377,000	138.2%	-£988,000	-283.6%	£538,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Profit After Tax	£534,000	177.6%	-£688,000	82.3%	-£3,881,000	-293.6%	-£986,000	79.1%	-£4,724,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Retained Profit	£534,000	177.6%	-£688,000	82.3%	-£3,881,000	-293.6%	-£986,000	79.1%	-£4,724,000

Balance Sheet

	Date Of Accounts	24/02/17	(%)	26/02/16	(%)	20/02/15	(%)	21/02/14	(%)	22/02/13
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Tangible Assets	£20,877,000	-3.1%	£21,537,000	-9.3%	£23,750,000	-9.3%	£26,177,000	-16.3%	£31,280,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Fixed Assets	£20,877,000	-3.1%	£21,537,000	-9.3%	£23,750,000	-9.3%	£26,177,000	-16.3%	£31,280,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Stock	£24,732,000	8.5%	£22,788,000	-2.3%	£23,321,000	5.1%	£22,179,000	-10.6%	£24,810,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Trade Debtors	£1,344,000	20.6%	£1,114,000	-9.2%	£1,227,000	14.2%	£1,074,000	83.3%	£586,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Cash	£7,529,000	-1.3%	£7,630,000	25.3%	£6,090,000	999.9%	£98,000	-	£98,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Other Debtors	£12,285,000	12%	£10,964,000	-19.7%	£13,647,000	26%	£10,831,000	8.9%	£9,943,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Miscellaneous Current Assets	£868,000	-32.9%	£1,294,000	41.1%	£917,000	122.6%	£412,000	9.6%	£376,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Current Assets	£46,758,000	6.8%	£43,790,000	-3.1%	£45,202,000	30.7%	£34,594,000	-3.4%	£35,813,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Trade Creditors	£6,975,000	25.9%	£5,540,000	6.2%	£5,217,000	-3.1%	£5,384,000	5.3%	£5,114,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-100%	£168,000	-83.1%	£996,000	-3.3%	£1,030,000	92.5%	£535,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Other Short Term Finance	£483,000	24.2%	£389,000	-1.5%	£395,000	3.4%	£382,000	-94.3%	£6,701,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Miscellaneous Current Liabilities	£8,839,000	4.7%	£8,443,000	-3.4%	£8,737,000	12.4%	£7,771,000	-1.4%	£7,882,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Current Liabilities	£16,297,000	12.1%	£14,540,000	-5.2%	£15,345,000	5.3%	£14,567,000	-28%	£20,232,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£14,897,000	-22.7%	£19,273,000	-27.5%	£26,596,000	49.8%	£17,752,000	16.3%	£15,266,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Other Long Term Finance	£629,000	-1.7%	£640,000	476.6%	£111,000	-66.1%	£327,000	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Long Term Liabilities	£14,897,000	-22%	£19,105,000	-25.4%	£25,600,000	53.1%	£16,722,000	13.5%	£14,731,000

Capital & Reserves

	Date Of Accounts	24/02/17	(%)	26/02/16	(%)	20/02/15	(%)	21/02/14	(%)	22/02/13
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Called Up Share Capital	£495,000	-	£495,000	-	£495,000	-	£495,000	-	£495,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	P & L Account Reserve	£24,221,000	5%	£23,059,000	5.4%	£21,874,000	-24%	£28,776,000	-8.4%	£31,422,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-100%	£206,000	-1%	£208,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Sundry Reserves	£11,725,000	44.3%	£8,128,000	44.2%	£5,638,000	999.9%	£5,000	-	£5,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Shareholder Funds	£36,441,000	15%	£31,682,000	13.1%	£28,007,000	-5%	£29,482,000	-8.2%	£32,130,000

Other Financial Items

	Date Of Accounts	24/02/17	(%)	26/02/16	(%)	20/02/15	(%)	21/02/14	(%)	22/02/13
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Net Worth	£36,441,000	15%	£31,682,000	13.1%	£28,007,000	-5%	£29,482,000	-8.2%	£32,130,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Working Capital	£30,461,000	4.1%	£29,250,000	-2%	£29,857,000	49.1%	£20,027,000	28.5%	£15,581,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Assets	£67,635,000	3.5%	£65,327,000	-5.3%	£68,952,000	13.5%	£60,771,000	-9.4%	£67,093,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Liabilities	£31,194,000	-7.3%	£33,645,000	-17.8%	£40,945,000	30.9%	£31,289,000	-10.5%	£34,963,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Net Assets	£36,441,000	15%	£31,682,000	13.1%	£28,007,000	-5%	£29,482,000	-8.2%	£32,130,000

Miscellaneous

	Date Of Accounts	24/02/17	(%)	26/02/16	(%)	20/02/15	(%)	21/02/14	(%)	22/02/13
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Capital Employed	£51,338,000	1.1%	£50,787,000	-5.3%	£53,607,000	16%	£46,204,000	-1.4%	£46,861,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Number of Employees	1520	-2.2%	1554	-4.8%	1633	-1.1%	1651	-5.1%	1740
	Accountants
	Auditors	KPMG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	CLYDESDALE BANK
	Bank Branch Code

Ratios

	Date Of Accounts	24/02/17	26/02/16	20/02/15	21/02/14	22/02/13
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Pre-tax profit margin %	0.66	-0.22	-2.65	-	-3.12
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Current ratio	2.87	3.01	2.95	2.37	1.77
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Sales/Net Working Capital	5.44	5.58	5.37	7.90	10.84
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Gearing %	40.90	60.80	95	60.20	47.50
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Equity in %	53.90	48.50	40.60	48.50	47.90
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Creditor Days	15.33	12.59	11.83	12.38	11.02
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Debtor Days	2.95	2.53	2.78	2.46	1.26
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Liquidity/Acid Test	1.35	1.44	1.42	0.85	0.54
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Return On Capital Employed %	2.14	-0.69	-7.94	-	-11.22
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Return On Total Assets Employed %	1.62	-0.54	-6.17	-	-7.84
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Current Debt Ratio	0.44	0.45	0.54	0.49	0.62
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Total Debt Ratio	0.85	1.06	1.46	1.06	1.08
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Stock Turnover Ratio %	14.93	13.96	14.53	14.01	14.68
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\barchart-grey.png$	Return on Net Assets Employed %	3.01	-1.12	-15.20	-	-16.37

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
07/12/2017	Confirmation Statement
12/09/2017	New Accounts Filed
12/09/2017	New Accounts Filed
14/07/2017	Mr S. Dawes has left the board
22/06/2017	Mr M.R. McKimmie has left the board
07/06/2017	New Board Member Mr G. Urwin appointed
15/03/2017	New Board Member Mr G. Urwin appointed
08/03/2017	New Board Member Mr G. Urwin appointed
08/12/2016	Annual Returns
07/10/2016	New Board Member Mr P. Mila appointed
30/09/2016	New Accounts Filed
30/09/2016	New Accounts Filed
21/09/2016	Payment Data Update Received
22/07/2016	Mr G.B. Howie has left the board
17/03/2016	Miss P.S. Lauder has left the board

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	12 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	MACKAYS STORES (HOLDINGS) LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	MACKAYS STORES GROUP LIMITED

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\tminus.gif$ MACKAYS STORES GROUP LIM...	SC223864	24.02.2017	Y	£165,611,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ JANPRO LIMITED	SC145340	24.02.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ MACKAYS GROUP TRUSTEES...	SC225026	24.02.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ LAROQUE LIMITED	03818302	24.02.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\tminus.gif$ M.E.G. RENEWABLES LIMITED	SC232635	24.02.2017	N	£75,808
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ GLENFINGLAS HYDRO LTD	SC500317	31.03.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\L.gif$ M.E.G. GLENKILN LIMITED	SC410844	24.02.2017	N
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\tminus.gif$ MACKAYS STORES (HOLDIN...	SC054092	24.02.2017	N	£4,958,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ WILLIAM MCILROY SWIN...	00543328	24.02.2017	N	£931,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\T.gif$ MACKAYS STORES LIMITED	SC036368	24.02.2017	N	£165,611,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\L.gif$ B.R. & G.J. TWITCHET...	01119808	24.02.2017	N	£110,000
$Description: \\Vivek-pc\123 Foreign Report Raw\478488_files\L.gif$ G. E. WORTHINGTON LIMITED	01475680	24.02.2017	N

Mortgage Details

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/06/12
Date Charge Registered:	22/06/12
Date Charge Satisfied:	11/09/14
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PLC;
Amount Secured:
Details:	SUBJECTS KNOWN AS CALEDONIA HOUSE CALEDONIA STREET PAISLEY
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	13/06/12
Date Charge Registered:	19/06/12
Date Charge Satisfied:	11/09/14
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	WHOLE THAT STEADING GROUND ON THE WEST SIDE OF CALEDONIA STREET, PAISLEY

Mortgage Type:	FLOATING CHARGE
Date Charge Created:	19/05/08
Date Charge Registered:	05/06/08
Date Charge Satisfied:	14/03/16
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PLC;
Amount Secured:
Details:	UNDERTAKING & ALL PROPERTY & ASSETS PRESENT & FUTURE, INCLUDING UNCALLED CAPITAL
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	19/05/08
Date Charge Registered:	31/07/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:
Details:	UNDERTAKING & ALL PROPERTY & ASSETS PRESENT & FUTURE, INCLUDING UNCALLED CAPITAL

Mortgage Type:	FLOATING CHARGE
Date Charge Created:	12/12/01
Date Charge Registered:	21/12/01
Date Charge Satisfied:	02/11/05
Status:	SATISFIED
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
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	12/12/01
Date Charge Registered:	18/12/01
Date Charge Satisfied:	02/11/05
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	UNDERTAKING AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING UNCALLED CAPITAL

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	04/07/91
Date Charge Registered:	23/07/91
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	12 GEORGE STREET OBAN
Mortgage Type:	ASSIGNATION
Date Charge Created:	04/05/91
Date Charge Registered:	23/05/91
Date Charge Satisfied:	22/06/04
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	SUMS AS FOR PRICE ON 81 MAIN ST COATBRIDGE48/50 CHANNEL ST GALASHIELS179 HIGH ST IRVINE42/44 HIGH STPEEBLES44/46 DOCKHEAD ST SALTCOATS123/125 SOUTH ST ST ANDREWS60 MAIN ST WISHAW40 WEST ST HAVANT38/45 HIGH ST LITTLEHAMPTON103/107 HIGH ST MARGATE11 DIGBETH WALSALL57/60 KING ST WHITEHAVEN

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	38/40 HIGH STREET LITTLEHAMPTON WEST SUSSEX
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	154, 156 & 158 & 162 LONDON ROAD NORTH LOWESTOFT, SUFFOLK

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	11 & 12 BRIDGE STREET AND 15 & 16 VINE STREET SPALDING
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	57, 58 & 59 CHURCH STREET, SEAHAM EASINGTON DURHAM

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	57/58 & 59 & 60 KING STREET AND 19 STRAND STREET WHITEHAVEN
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	16/18 & 20 FRONT STREET CHESTER-LE-STREET DURHAM

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	78, 81 & 83A RYE LANE PECKAM LONDON
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	11 DIGBEATH WALSALL WEST MIDLANDS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	113, 115 & 117 HIGH STREET MARGATE KENT
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	10/12 LONDON ROAD LEWISHAM LONDON

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	34/36 HIGH ST COSHAM HAMPSHIRE
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	101/107 HIGH STREET SITTINGBOURNE KENT

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	46/48 STATION ROAD ASHINGTON NORTHUMBERLAND
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	9/10 PRAID MEWS NORFOLK PLACE PADDINGTON LONDON

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	14/22 FRONT STREET CONSETT DURHAM
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	2/3 SILVER STREET TROWBRIDGE WILTSHIRE

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	25/31 NEWBOTTLE ST HAUGHTON-LE-SPRING COUNTY DURHAM
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	43 BANK STREET NEWQUAY RESTORMEL CORNWALL

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	3/5 HIGH STREET SPENNYMOOR COUNTY DURHAM
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	23/27 TRELOWARREN ST CAMBORNE CORNWALL

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	127 HIGH STREET GOSPORT HAMPSHIRE
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/04/91
Date Charge Registered:	11/04/91
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	25, 29, 31 & 33 FRONT STREET, STANLEY, DURHAM

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	19/02/91
Date Charge Registered:	01/03/91
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	127 KING STREET CASTLE DOUGLAS
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	31/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	SHOP & CELLAR 42 HIGH ST PEEBLESSHOP & CELLAR 44 HIGH ST PEEBLESSEE PAGE 2 OF DOCUMENT

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	13/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	68 HIGH STREET DINGWALL
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	62/66 HIGH STREET LEVEN

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	50 CHANNEL STREET GALASHIELS
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	8-18 ERROL STREET PETERHEAD

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	13/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	121/123 ARGYLE ST DUNOON
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	13/12/90
Date Charge Registered:	28/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	65 & 69 (ODD NOS) HIGH ST LANARK

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	23 & 25 ALBERT ST & 1, 3 & 5 MOUNTHOOKIE LANE, KIRKWALL
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	SUBJECTS IN ROTTERDAM STREET THURSO SEEPAPER APART TO DOCUMENT

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	5 EAST CHURCH STREET BUCKIE
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	81 MAIN STREET COATBRIDGE

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	44/46 DOCKHEAD ST SALTCOATS
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	140 MAIN STREET CAMBUSLANG

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	44/48 ACADEMY ST INVERNESS
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	26 & 30 SCOTT ST PERTH

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	177 & 179 HIGH STREET IRVINE
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	AREA OF GROUND ON EAST SIDE OF HIGH STREET DUMBARTON SEE PAGE 2 OF DOCUMENT

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	62 (FORMERLY NO 60) MAIN STREET WISHAW
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	19 COWGATE KIRKINTILLOCH

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	CALEDONIA HOUSE CALEDONIA STREET PAISLEY
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	63 HIGH STREET NAIRN

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	11/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	118/120 HIGH STREET ELGIN
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	21/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	25, 27 & 29 HOPETOWN ST BATHGATE WEST LOTHIAN

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	12/12/90
Date Charge Registered:	24/12/90
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	13 & 15 MARKET PLACE, INVERURIE UNDER EXCEPTION
Mortgage Type:	FLOATING CHARGE
Date Charge Created:	14/11/90
Date Charge Registered:	28/11/90
Date Charge Satisfied:	08/10/92
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY AS TRUSTEE FOR THE BENEFICIARIES
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	WITH EXCEPTION OF 123/125 SOUTH STREET ST ANDREWS49 CHURCH ST CROMER9/10 PRAED MEWS LONDON UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE OF THE COMPANY INCLUDING UNCALLED CAPITAL

Mortgage Type:	RENT DEPOSIT AGREEMENT
Date Charge Created:	26/03/90
Date Charge Registered:	10/04/90
Date Charge Satisfied:	16/06/97
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS NOMINEES (GEORGE YARD) LTD
Amount Secured:	£64,000
Details:	SEE PAGE 2 OF DOC 3937
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/12/84
Date Charge Registered:	07/01/85
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	23/27 TRELOWARREN STREET, CAMBORNE CORNWALL

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/12/84
Date Charge Registered:	07/01/85
Date Charge Satisfied:	09/06/88
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	37 MARYLEBONE LANE LONDON W1
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/12/84
Date Charge Registered:	07/01/85
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	40 WEST STREET HAVENT HAMPSHIRE

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	31/12/84
Date Charge Registered:	07/01/85
Date Charge Satisfied:	18/03/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	11/12 BRIDGE STREET SPALDING LINCOLNSHIRE
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	20/12/84
Date Charge Registered:	07/01/85
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	63 HIGH STREET NAIRN

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	25/11/82
Date Charge Registered:	01/12/82
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	5 EAST CHURCH STREET, BUCKIE, BANFF
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	19/10/82
Date Charge Registered:	26/10/82
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	62 (FORMERLY 60) MAIN ST, WISHAW

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	17/11/80
Date Charge Registered:	27/11/80
Date Charge Satisfied:	30/10/86
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	THE GORDON ARMS HOTEL ELGIN
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	03/08/78
Date Charge Registered:	08/08/78
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	26-30 SCOTT STREET, PERTH

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	20/04/78
Date Charge Registered:	05/05/78
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	44, 46 & 46A DOCKHEAD STREET SALTCOATS
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	20/04/78
Date Charge Registered:	05/05/78
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	134/136 HIGH STREET DUMBARTON

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	20/04/78
Date Charge Registered:	05/05/78
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	177/179 HIGH STREET IRVINE
Mortgage Type:	STANDARD SECURITY
Date Charge Created:	23/08/76
Date Charge Registered:	30/08/76
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	10 REGENT WAY HAMILTON

Mortgage Type:	STANDARD SECURITY
Date Charge Created:	23/08/76
Date Charge Registered:	30/08/76
Date Charge Satisfied:	08/06/93
Status:	SATISFIED
Person(s) Entitled:	CLYDESDALE BANK PUBLIC LIMITED COMPANY
Amount Secured:	ALL SUMS DUE OR TO BECOME DUE
Details:	ST MIRREN WORKS PAISLEY
Mortgage Type:	BOND OF CASH CREDIT &SEE DOCS 46, 47 & 48 FLOATING CHARGE
Date Charge Created:	24/08/72
Date Charge Registered:	12/09/72
Date Charge Satisfied:	14/07/78
Status:	SATISFIED
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
James Andrew Lawrie	0			8	9
James Andrew Lawrie	0			8	9
Lennie Clark McGeoch	0			4	8
John Murray Thomson	0			18	5
Leslie Simpson Morton	0			2	0
Iain Andrew Campbell	0			1	0
Roberts	0			1	0
John O'Hara	0			1	0
Matthew Richard McKimmie	1			22	17
Matthew Richard McKimmie	1			22	17
Peter David Stevenson	3			13	9
Murdoch Mcdonald McMaster	0			2	1
Jacqueline Ann Dallyn	0			1	0
Susan Lucy Hamil Houghton	0			1	0
John Roderick Murray	0			4	0
Ajaz Ahmed	0			5	10
Colin Williamson	0			1	0
George Richardson Middlemiss	4			50	34
Tadeusz Paluchowski	0			3	4
Susan Elizabeth Swannie	0			2	0
John Arthur Heaviside	0			1	0
Louise Elizabeth Koser	0			1	2
Ann Duncan Brown	0			1	0
James Angus Pow	0			7	21
Nigel Bennett	0			2	2
Louise Anne McCormick	0			12	1
George Bryce Howie	0			1	0
Simongnette Scavazza	2			2	2
James Bell	0			7	0
Paul Jeffrey Vann	2			10	5
Lindsey Claire Williams	1			1	1
James David Blacklock	0			1	0
Andrew Paul Austin	2			1	0
Pauline Syme Lauder	0			1	0
Simon Dawes	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	Mackays Stores Holdings Limited	Kind	Corporate Entity With Significant Control
Address	Caledonia House 5 Inchinnan Drive, Inchinnan, Renfrew	Notified On	06/04/2016
Post Code	PA4 9AF	Legal Form	Limited Company
Authority	Companies Act 2006	Place Registered	-
Country Registered	-	Registration Number	-
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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.09
UK Pound	1	INR 85.63
Euro	1	INR 76.03
GBP	1	INR 87.15

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

INFORMATION DETAILS

Analysis Done by :	PRA

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.