3decades

MIRA INFORM REPORT

Report No. :	486660
Report Date :	20.01.2018

IDENTIFICATION DETAILS

Name :	STEPHEN LEYLAND LIMITED

Registered Office :	Castings House, Quarry Heights, Newtownards, BT23 7SZ

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	16.01.2007

Com. Reg. No.:	NI062674

Legal Form :	Private Limited with Share Capital

Line of Business :	Manufacture of Other Fabricated Metal Products N.E.C.

No. of Employees :	Not Available

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

Status :	Satisfactory

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES :

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

ECGC Country Risk Classification List

Country Name

Previous Rating

(30.06.2017)

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 the UK’s economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

Source : CIA

Company Summary

Registered Address

Castings House
Quarry Heights
Newtownards
BT23 7SZ

Trading Address

Castings House
195 Quarry Heights
Newtownards
County Down
BT23 7SZ

Website Address http://www.stephenleyland.com

Company Number NI062674

Telephone Number 02891822522

Fax Number -

TPS Yes

FPS Yes

Incorporation Date 16/01/2007

Previous Name -

Type Private Limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 01/06/2017

Currency GBP

Share Capital £1

SIC07 25990

Charity Number -

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

Principal Activity -

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 0

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.03.2017	-	-	£202,790	-
31.03.2016	-	-	£129,745	-
31.03.2015	-	-	£95,588	-

Mortgage summary

Total Mortgage 0

Outstanding 0

Satisfied 0

Trade debtors / bad debt summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Small company.

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

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

There has been an increase in shareholders funds compared with the previous balance sheet.

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

Current Directors

Title	Mr	Function	Director
Name	Stephen Leyland	Nationality	British
Date of Birth	04/1953	Present Appointments	1
Latest Address	Glendarragh, 79 Ballymoney Road, Craigavad Holywood, Co Down	Appointment Date	16/01/2007
Post Code	BT18 0JJ

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Gareth Leyland	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Glendarragh, 79 Ballymoney Road, Craigavad, Holywood	Appointment Date	16/01/2007
Post Code	BT18 0JJ

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
STEPHEN CHARLES LEYLAND	GBP	1	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Depreciation	-	-	-	-	-	-100%	£281	-86%	£2,006
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Tangible Assets	£2	-	£2	-	£2	-	£2	-99.3%	£283
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Intangible Assets	0	-100%	£30,000	-50%	£60,000	-33.3%	£90,000	-25%	£120,000
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Fixed Assets	£2	-100%	£30,002	-50%	£60,002	-33.3%	£90,002	-25.2%	£120,283
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Stock	£38,600	15.6%	£33,400	1.7%	£32,850	1.7%	£32,290	4.1%	£31,010
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Trade Debtors	£393,693	-22.8%	£509,962	22.1%	£417,698	65.3%	£252,688	-7.4%	£272,948
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Cash	£436,540	22.2%	£357,296	47.6%	£242,145	-8%	£263,266	-28.2%	£366,412
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Current Assets	£868,833	-3.5%	£900,658	30%	£692,693	26.3%	£548,244	-18.2%	£670,370
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Trade Creditors	£153,067	13.2%	£135,166	-37.3%	£215,670	-62.5%	£574,851	-21.6%	£733,123
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	£512,978	-22.9%	£665,749	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Current Liabilities	£666,045	-16.8%	£800,915	271.4%	£215,670	-62.5%	£574,851	-21.6%	£733,123
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-100%	£441,437	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-100%	£441,437	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Called Up Share Capital	£1	-	£1	-	£1	-	£1	-	£1
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	P & L Account Reserve	£202,789	56.3%	£129,744	35.7%	£95,587	50.8%	£63,394	10.2%	£57,529
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Shareholder Funds	£202,790	56.3%	£129,745	35.7%	£95,588	50.8%	£63,395	10.2%	£57,530

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Net Worth	£202,790	103.3%	£99,745	180.3%	£35,588	233.8%	-£26,605	57.4%	-£62,470
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Working Capital	£202,788	103.3%	£99,743	-79.1%	£477,023	999.9%	-£26,607	57.6%	-£62,753
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Assets	£868,835	-6.6%	£930,660	23.6%	£752,695	17.9%	£638,246	-19.3%	£790,653
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Liabilities	£666,045	-16.8%	£800,915	21.9%	£657,107	14.3%	£574,851	-21.6%	£733,123
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Net Assets	£202,790	56.3%	£129,745	35.7%	£95,588	50.8%	£63,395	10.2%	£57,530

Cash Flow

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

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Capital Employed	£202,790	56.3%	£129,745	-75.8%	£537,025	747.1%	£63,395	10.2%	£57,530
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Current ratio	1.30	1.12	3.21	0.95	0.91
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Gearing %	0	0	461.80	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Equity in %	23.30	14.40	13.80	11.60	8.60
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Liquidity/Acid Test	1.24	1.08	3.05	0.89	0.87
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Current Debt Ratio	3.28	6.17	2.25	9.06	12.74
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Total Debt Ratio	3.28	6.17	6.87	9.06	12.74
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\STEPHEN LEYLAND LTD_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
10/06/2017	New Accounts Filed
10/06/2017	New Accounts Filed
19/02/2017	New Accounts Filed
19/02/2017	New Accounts Filed
27/01/2017	Annual Returns
16/06/2016	Payment Data Update Received
26/01/2016	Annual Returns
03/10/2015	New Accounts Filed
03/04/2015	Annual Returns
19/12/2014	New Accounts Filed
18/01/2014	Annual Returns
20/12/2013	New Accounts Filed
26/01/2013	Annual Returns
28/12/2012	New Accounts Filed
30/06/2012	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group StructureFull

No Group Structure

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Dorothy May Kane	3			5271	5929
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mr Stephen Charles Leyland	Kind	Individual Person With Significant Control
Address	Castings House, Quarry Heights, Newtownards, Co Down	Country Of Residence	Northern Ireland
Post Code	BT23 7SZ	Nationality	British
Date of Birth	04/1953	Notified On	06/04/2016
Nature Of Control	Ownership of shares - above 75%

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.72
UK Pound	1	INR 88.64
Euro	1	INR 78.14
GBP	1	INR 88.47

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

INFORMATION DETAILS

Analysis Done by :	VIV

Report Prepared by :	TPT

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.