3decades

MIRA INFORM REPORT

Report No. :	487832
Report Date :	29.01.2018

IDENTIFICATION DETAILS

Name :	ARDOUR WORLD LIMITED

Registered Office :	Grove house, 55 lowlands road, harrow on the hill, ha1 3aw

Country :	United Kingdom

Financials (as on) :	31.03.2016

Date of Incorporation :	22.04.2003

Com. Reg. No.:	04741345

Legal Form :	Private limited with Share Capital

Line of Business :	Wholesale Of Metals And Metal Ores

No. of Employees :	15

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
C	Medium High Risk	Business dealings permissible preferably on secured basis

Status :	Moderate

Payment Behaviour :	Unknown

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 name and address

Company Name: ARDOUR WORLD LIMITED

Company No: 04741345

Registered Address: GROVE HOUSE 55 LOWLANDS ROAD HARROW ON THE HILL HA1 3AW

Company Summary

Registered Address GROVE HOUSE
55 LOWLANDS ROAD
HARROW ON THE HILL
HA1 3AW

Trading Address Grove House
55 Lowlands Road
Harrow
Middlesex
HA1 3AW

Website Address http://www.ardourworld.com

Telephone Number 02084234449

Fax Number

TPS No

FPS Yes

Incorporation Date 22/04/2003

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 24/03/2017

Currency GBP

Share Capital £400,000

SIC07 46720

Charity Number -

SIC07 Description WHOLESALE OF METALS AND METAL ORES

Principal Activity A group engaged in metal trading.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 7

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2016 £44,825,697 £852,803 £2,811,764 15

31/03/2015 £60,409,873 £458,137 £2,219,975 15

31/03/2014 £73,545,159 £908,655 £2,076,319 13

Mortgage Summary

Total Mortgage 7

Outstanding 6

Satisfied 1

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

No comments to display

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	4	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Sundip Goyal	Nationality	Indian
Date of Birth	10/1971	Present Appointments	4
Latest Address	Grove House, 55 Lowlands Road, Harrow On The Hill, Middlesex	Appointment Date	29/04/2003
Post Code	HA1 3AW
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Ashish Chaudhari	Nationality	Indian
Date of Birth	01/1979	Present Appointments	5
Latest Address	Grove House, 55 Lowlands Road, Harrow On The Hill, Middlesex	Appointment Date	01/02/2006
Post Code	HA1 3AW
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Ashish Chaudhari	Nationality	Indian
Date of Birth	01/1979	Present Appointments	5
Latest Address	Grove House, 55 Lowlands Road, Harrow On The Hill, Middlesex	Appointment Date	04/11/2003
Post Code	HA1 3AW
Other Actions		View Consumer Report	View Trace Report
	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MR ASHISH CHAUDHARI	GBP	200,000	ORDINARY	1	50
MRS VANITA GOYAL	GBP	104,000	ORDINARY	1	26
MR SUNDIP GOYAL	GBP	96,000	ORDINARY	1	24
1

Financials

Profit & Loss

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	Y	(%)	Y	(%)	Y	(%)	Y	(%)	Y
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Turnover	£44,825,697	-25.8%	£60,409,873	-17.9%	£73,545,159	33.7%	£54,993,393	-37.1%	£87,401,420
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Cost of Sales	£43,251,578	-25.5%	£58,031,066	-18.8%	£71,460,030	35.8%	£52,637,852	-38.5%	£85,607,843
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Gross Profit	£1,574,119	-33.8%	£2,378,807	14.1%	£2,085,129	-11.5%	£2,355,541	31.3%	£1,793,577
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Wages & Salaries	£248,110	-1.9%	£253,035	54.7%	£163,598	26.7%	£129,150	5%	£122,948
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Directors Emoluments	£55,449	14.1%	£48,597	54.1%	£31,538	31.4%	£24,000	-	£24,000
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Operating Profit	£893,184	81.8%	£491,365	-49.8%	£978,066	767.5%	-£146,519	-91.6%	-£76,460
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Depreciation	£39,455	-10.1%	£43,874	-0.7%	£44,185	999.9%	£2,513	-6.9%	£2,700
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Audit Fees	£10,000	42.9%	£7,000	-47.4%	£13,311	23.1%	£10,816	-3.7%	£11,228
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Interest Payments	£71,309	24.3%	£57,363	-25.1%	£76,599	54.9%	£49,440	130.4%	£21,457
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Pre Tax Profit	£852,803	86.1%	£458,137	-49.6%	£908,655	999.9%	-£81,365	-229.1%	£63,017
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Taxation	-£127,014	11.5%	-£143,481	3.5%	-£148,609	-999.9%	-£10,997	21.7%	-£14,051
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Profit After Tax	£725,789	130.7%	£314,656	-58.6%	£760,046	922.9%	-£92,362	-288.6%	£48,966
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Dividends Payable	£134,000	-21.6%	£171,000	-4.9%	£179,850	-20.1%	£225,037	150%	£90,000
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Retained Profit	£591,789	311.9%	£143,656	-75.2%	£580,196	282.8%	-£317,399	-673.5%	-£41,034

Balance Sheet

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Tangible Assets	£733,939	-1.9%	£747,848	1.2%	£739,247	999.9%	£7,541	-22%	£9,674
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Fixed Assets	£733,939	-1.9%	£747,848	1.2%	£739,247	999.9%	£7,541	-22%	£9,674
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Stock	£2,154,040	238.8%	£635,702	-53.7%	£1,371,862	6.7%	£1,286,174	0.6%	£1,278,092
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Trade Debtors	£5,595,237	-3.4%	£5,794,954	3.2%	£5,616,260	-6.8%	£6,025,806	51.6%	£3,973,787
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Cash	£90,095	-86.4%	£662,319	-19.9%	£826,860	19.1%	£694,154	185.6%	£243,060
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Other Debtors	£1,777,092	27.1%	£1,397,913	63.8%	£853,311	4.1%	£819,384	-31.4%	£1,194,371
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Current Assets	£9,616,464	13.3%	£8,490,888	-2%	£8,668,293	-1.8%	£8,825,518	31.9%	£6,689,310
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Trade Creditors	£2,775,108	-19.7%	£3,457,197	-21.6%	£4,412,148	-6.3%	£4,706,953	60%	£2,942,127
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	£3,776,063	39.4%	£2,709,305	16.4%	£2,327,559	4.5%	£2,227,007	74.6%	£1,275,262
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Other Short Term Finance	£47,154	8.2%	£43,591	784.2%	£4,930	999.9%	£430	-94.9%	£8,430
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£756,379	22.5%	£617,590	52.2%	£405,868	0.8%	£402,546	-39%	£659,643
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Current Liabilities	£7,354,704	7.7%	£6,827,683	-4.5%	£7,150,505	-2.5%	£7,336,936	50.2%	£4,885,462
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£3,959,998	36.5%	£2,900,383	15.6%	£2,508,275	12.6%	£2,227,007	74.6%	£1,275,262
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£183,935	-3.7%	£191,078	5.7%	£180,716	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Called Up Share Capital	£400,000	-	£400,000	-	£400,000	-	£400,000	-	£400,000
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	P & L Account Reserve	£2,411,764	32.5%	£1,819,975	8.6%	£1,676,319	52.9%	£1,096,123	-22.5%	£1,413,522
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Shareholder Funds	£2,811,764	26.7%	£2,219,975	6.9%	£2,076,319	38.8%	£1,496,123	-17.5%	£1,813,522

Other Financial Items

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Net Worth	£2,811,764	26.7%	£2,219,975	6.9%	£2,076,319	38.8%	£1,496,123	-17.5%	£1,813,522
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Working Capital	£2,261,760	36%	£1,663,205	9.6%	£1,517,788	2%	£1,488,582	-17.5%	£1,803,848
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Assets	£10,350,403	12%	£9,238,736	-1.8%	£9,407,540	6.5%	£8,833,059	31.9%	£6,698,984
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Liabilities	£7,538,639	7.4%	£7,018,761	-4.3%	£7,331,221	-0.1%	£7,336,936	50.2%	£4,885,462
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Net Assets	£2,811,764	26.7%	£2,219,975	6.9%	£2,076,319	38.8%	£1,496,123	-17.5%	£1,813,522

Cash Flow

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-£1,203,416	-307%	-£295,695	-132.8%	£902,136	367.2%	-£337,668	76.7%	-£1,449,585
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-£1,635,402	-174.7%	-£595,310	-300.7%	-£148,562	70.3%	-£500,651	73.4%	-£1,878,963
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	£1,953	-96.7%	£58,958	-80.8%	£307,345	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Increase in Cash	-£1,633,449	-204.5%	-£536,352	-437.8%	£158,783	131.7%	-£500,651	73.4%	-£1,878,963

Miscellaneous

	Date Of Accounts	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13	(%)	31/03/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Capital Employed	£2,995,699	24.2%	£2,411,053	6.8%	£2,257,035	50.9%	£1,496,123	-17.5%	£1,813,522
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Number of Employees	15	-	15	15.4%	13	-	13	30%	10
	Accountants
	Auditors	KING & KING
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BARCLAYS BANK PLC
	Bank Branch Code	20-00-00

Ratios

	Date Of Accounts	31/03/16	31/03/15	31/03/14	31/03/13	31/03/12
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	1.90	0.76	1.24	-0.15	0.07
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Current ratio	1.31	1.24	1.21	1.20	1.37
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	19.82	36.32	48.46	36.94	48.45
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Gearing %	140.80	130.60	120.80	148.90	70.30
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Equity in %	27.20	24	22.10	16.90	27.10
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Creditor Days	22.53	20.83	21.83	31.15	12.25
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Debtor Days	45.43	34.91	27.79	39.88	16.54
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.01	1.15	1.02	1.02	1.10
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Return On Capital Employed %	28.46	19	40.25	-5.43	3.47
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	8.23	4.95	9.65	-0.92	0.94
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Current Debt Ratio	2.61	3.07	3.44	4.90	2.69
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Total Debt Ratio	2.68	3.16	3.53	4.90	2.69
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	4.80	1.05	1.86	2.33	1.46
$Description: \\vivek-pc\123 Foreign Report Raw\ARDOUR WORLD LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	30.32	20.63	43.76	-5.43	3.47

Event History View Documents

Date	Description
08/06/2017	Confirmation Statement
10/04/2017	New Accounts Filed
10/04/2017	New Accounts Filed
28/02/2017	Change in Reg.Office
11/06/2016	Annual Returns
08/03/2016	New Accounts Filed
08/03/2016	New Accounts Filed
07/06/2015	Annual Returns
05/06/2015	Change in Reg.Office
20/04/2015	New Accounts Filed
20/04/2015	New Accounts Filed
10/11/2014	New Accounts Filed
13/06/2014	Annual Returns
05/05/2014	Change in Reg.Office
05/05/2014	Change of Company Postcode

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 Structure Full

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	14/10/14
Date Charge Registered:	15/10/14
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LLOYDS BANK PLC;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	18/02/13
Date Charge Registered:	23/02/13
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CHESTERFIELD INVESTMENTS (NO.5) LIMITED
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:	THE SUM FROM TIME TO TIME STANDING TO THE CREDIT OF A DEPOSIT ACCOUNT AT BARCLAYS BANK PLC OR ANY OTHER ACCOUNT AND ALLINTEREST AND OTHER SUMS CREDITED TO EITHER SUCH ACCOUNT

Mortgage Type:	DEBENTURE
Date Charge Created:	22/07/11
Date Charge Registered:	29/07/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	SANTANDER UK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE GROUP (OR ANY GROUP MEMBER) ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY SEE IMAGEFOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	09/09/10
Date Charge Registered:	14/09/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CHESTERFIELD INVESTMENTS (NO.5) LIMITED
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:	THE SUM FROM TIME TO TIME STANDING TO THE CREDIT OF A DEPOSIT ACCOUNT SEE IMAGEFOR FULL DETAILS

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	24/06/08
Date Charge Registered:	01/07/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	CHESTERFIELD INVESTMENTS (NO.5) LIMITED
Amount Secured:	£1,425 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	£1,425 AS SECURITY FOR THE PAYMENT OF RENTS RESERVED BY THE LEASE. SEE IMAGE FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	19/09/07
Date Charge Registered:	05/10/07
Date Charge Satisfied:	31/01/09
Status:	SATISFIED
Person(s) Entitled:	FORTIS BANK SA-NV UK BRANCH
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
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 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	GENERAL LETTER OF PLEDGE
Date Charge Created:	19/09/07
Date Charge Registered:	03/10/07
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	FORTIS BANK S.A./N.V.
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:	ALL BILLS OF EXCHANGE PROMISSORY NOTES AND OTHER NEGOTIABLE INSTRUMENTS (THE PLEDGED DOCUMENTS) ANDALL PRODUCE AND GOODS (THE PLEDGED GOODS) SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Narinder Kumar Mohal	1		3	1
Abhishek Jaim	0		1	0
FORM 10 DIRECTORS FD LTD	1		28315	71078
FORM 10 SECRETARIES FD LTD	0		25017	62184
Total Persons With Significant Control	1	Total Statements		0
Active	1	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Mr Ashish Chaudhari	Kind	Individual Person With Significant Control
Address	Grove House, 55 Lowlands Road, Harrow On The Hill, Middlesex	Country Of Residence	United Kingdom
Post Code	HA1 3AW	Nationality	Indian
Date of Birth	01/1979	Notified On	06/04/2016
Nature Of Control	Ownership of shares - between 25% and 50%

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 63.50
UK Pound	1	INR 90.92
Euro	1	INR 79.07
GBP	1	INR 89.84

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

INFORMATION DETAILS

Analysis Done by :	NIY

Report Prepared by :	KET

RATING EXPLANATIONS

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

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

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

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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

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