MIRA INFORM REPORT

Report No. :	516472
Report Date :	23.06.2018

IDENTIFICATION DETAILS

Name :	QUORUM TECHNOLOGIES LIMITED
Registered Office :	52c Borough High Street, London, Se1 1xn
Country :	United Kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	20.08.2001
Com. Reg. No.:	04273003
Legal Form :	Private limited with Share Capital
Line of Business :	· Manufacture of other special-purpose machinery n.e.c. · The design, manufacture and distribution of instruments that prepare samples for examination under electron microscopes.
No. of Employees :	37

RATING & COMMENTS

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

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Good
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 (31.12.2017)	Current Rating (01.04.2018)
United Kingdom	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

UNITED KINGDOM - ECONOMIC OVERVIEW

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.

In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded 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: QUORUM TECHNOLOGIES LIMITED

Company No: 04273003

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: 52C BOROUGH HIGH STREETLONDONSE1 1XN

Company Name

QUORUM TECHNOLOGIES LIMITED

Company Number

04273003

Company Summary

Registered Address 52C BOROUGH HIGH STREET
LONDON
SE1 1XN

Trading Address 52C Borough High Street
London
SE1 1XN

Trading Address Judges House Lewes Road

Laughton East Sussex BN8 68N

United Nations,

United Kingdom

Website Address http://www.quorumtech.com

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 20/08/2001

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 27/09/2017

Currency GBP

Share Capital £1,143

SIC07 28990

Charity Number -

SIC07 Description MANUFACTURE OF OTHER SPECIAL-PURPOSE MACHINERY N.E.C.

Principal Activity The design, manufacture and distribution of instruments that prepare samples for examination under electron microscopes.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company JUDGES SCIENTIFIC PLC

Accountant -

Mortgages 5

Group 22 companies

Linkages 1 companies

Countries In 1 countries

Key Financials

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

31/12/2016 £7,331,385 £892,438 £1,478,388 37

31/12/2015 £8,763,369 £1,731,989 £1,060,973 38

31/12/2014 £8,252,610 £1,399,888 £1,004,516 37

Mortgage Summary

Total Mortgage 5

Outstanding 3

Satisfied 2

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has only made late payments on a low percentage of invoices.

The latest Balance Sheet indicates a very 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.

The Board of Directors have reduced in size over the last six months.

CCJ

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

Back to Top

Show More

Total Current Directors	9	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	12	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	David Elie Cicurel	Nationality	British
Date of Birth	05/1949	Present Appointments	27
Latest Address	52c Borough High Street, London	Appointment Date	09/06/2009
Post Code	SE1 1XN
Title	Mr	Function	Director
Name	Robert Brindley Kenhard	Nationality	British
Date of Birth	05/1948	Present Appointments	2
Latest Address	52c Borough High Street, London	Appointment Date	20/08/2001
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Robert Campbell Morrison	Nationality	British
Date of Birth	10/1955	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	01/08/2008
Post Code	SE1 1XN
Title	Mr	Function	Director
Name	Robert Hennig	Nationality	British
Date of Birth	08/1957	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	01/07/2009
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Bradley Leonard Ormsby	Nationality	British
Date of Birth	02/1976	Present Appointments	24
Latest Address	52c Borough High Street, London	Appointment Date	04/03/2015
Post Code	SE1 1XN
Title	Mr	Function	Director
Name	Brian Terence Jannetta	Nationality	British
Date of Birth	12/1967	Present Appointments	2
Latest Address	52c Borough High Street, London	Appointment Date	04/03/2015
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Tony Larkin	Nationality	Irish
Date of Birth	08/1970	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	01/01/2016
Post Code	SE1 1XN
Title	Dr	Function	Director
Name	Duncan Perry	Nationality	British
Date of Birth	06/1970	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	17/01/2017
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Mark Stephen Lavelle	Nationality	British
Date of Birth	09/1958	Present Appointments	18
Latest Address	52c Borough High Street, London	Appointment Date	15/11/2017
Post Code	SE1 1XN

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Christopher Talbot	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	30/04/2015
Post Code	SE1 1XN

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
JUDGES SCIENTIFIC PLC	GBP	875	A	1	76.55
JUDGES SCIENTIFIC PLC	GBP	114	F	1	9.97
JUDGES SCIENTIFIC PLC	GBP	50	D	1	4.37
JUDGES SCIENTIFIC PLC	GBP	30	C	1	2.62
JUDGES SCIENTIFIC PLC	GBP	29	G	1	2.54
JUDGES SCIENTIFIC PLC	GBP	25	E	1	2.19
JUDGES SCIENTIFIC PLC	GBP	20	B	1	1.75
1

Financials

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£7,331,385	-16.3%	£8,763,369	6.2%	£8,252,610	-3.8%	£8,578,681	-0.9%	£8,659,624
	Export	£6,524,933	-12.4%	£7,448,864	6.2%	£7,014,719	-10.1%	£7,806,600	-3.1%	£8,053,450
	Cost of Sales	-	-	-	-	-	-	-	-	-
	Gross Profit	-	-	-	-	-	-	-	-	-
	Wages & Salaries	£1,744,190	5.8%	£1,648,004	8%	£1,525,899	12.7%	£1,353,651	8%	£1,253,024
	Directors Emoluments	£537,732	-5.4%	£568,675	11.5%	£510,069	15.3%	£442,216	0.6%	£439,436
	Operating Profit	£891,819	-48.5%	£1,730,295	23.7%	£1,398,997	-12.6%	£1,600,234	12.9%	£1,417,424
	Depreciation	£49,232	-2.8%	£50,675	-24.3%	£66,970	58.9%	£42,154	20.9%	£34,864
	Audit Fees	£11,000	-	£11,000	10%	£10,000	-	£10,000	-	£10,000
	Interest Payments	-	-100%	£200	-	-	-	-	-	-
	Pre Tax Profit	£892,438	-48.5%	£1,731,989	23.7%	£1,399,888	-12.5%	£1,600,335	12.9%	£1,418,058
	Taxation	£124,977	146.7%	-£267,532	4.9%	-£281,240	-7.7%	-£261,075	3.1%	-£269,358
	Profit After Tax	£1,017,415	-30.5%	£1,464,457	30.9%	£1,118,648	-16.5%	£1,339,260	16.6%	£1,148,700
	Dividends Payable	-	-100%	£1,408,000	13.5%	£1,240,000	72.2%	£720,000	-65.9%	£2,110,000
	Retained Profit	£1,017,415	999.9%	£56,457	146.5%	-£121,352	-119.6%	£619,260	164.4%	-£961,300

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£88,573	-6%	£94,188	-23.4%	£123,004	-31.8%	£180,311	98.6%	£90,788
	Intangible Assets	0	-	0	-	0	-	0	-	0
	Total Fixed Assets	£88,573	-6%	£94,188	-23.4%	£123,004	-31.8%	£180,311	98.6%	£90,788
	Stock	£761,770	-1.2%	£770,969	14.7%	£672,405	9.3%	£615,413	-0.6%	£619,139
	Trade Debtors	£910,966	-23.4%	£1,189,574	8.3%	£1,098,497	-26.1%	£1,486,903	38.5%	£1,073,842
	Cash	£847,568	-11.8%	£960,822	18%	£814,458	27.5%	£638,989	-17%	£769,952
	Other Debtors	£439,876	266.3%	£120,095	10.1%	£109,029	-61.6%	£283,883	52.7%	£185,945
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£2,960,180	-2.7%	£3,041,460	12.9%	£2,694,389	-10.9%	£3,025,188	14.2%	£2,648,878
	Trade Creditors	£850,525	-21.8%	£1,088,166	12.7%	£965,605	-4.5%	£1,011,171	-24.7%	£1,343,611
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£123,066	-3%	£126,895	27.5%	£99,559	-54.8%	£220,334	79.6%	£122,712
	Miscellaneous Current Liabilities	£588,205	-31%	£852,331	15.3%	£739,423	-8.1%	£804,681	4.9%	£766,735
	Total Current Liabilities	£1,561,796	-24.5%	£2,067,392	14.6%	£1,804,587	-11.4%	£2,036,186	-8.8%	£2,233,058
	Bank Loans & Overdrafts and LTL	£8,569	17.7%	£7,283	-12.1%	£8,290	-80.9%	£43,445	-	0
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	£8,569	17.7%	£7,283	-12.1%	£8,290	-80.9%	£43,445	-	0

.

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£1,143	-	£1,143	-	£1,143	-	£1,143	-	£1,143
	P & L Account Reserve	£1,468,245	39.7%	£1,050,830	5.7%	£994,373	-10.9%	£1,115,725	124.7%	£496,465
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£9,000	-	£9,000	-	£9,000	-	£9,000	-	£9,000
	Shareholder Funds	£1,478,388	39.3%	£1,060,973	5.6%	£1,004,516	-10.8%	£1,125,868	122.2%	£506,608

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£1,478,388	39.3%	£1,060,973	5.6%	£1,004,516	-10.8%	£1,125,868	122.2%	£506,608
	Working Capital	£1,398,384	43.6%	£974,068	9.5%	£889,802	-10%	£989,002	137.8%	£415,820
	Total Assets	£3,048,753	-2.8%	£3,135,648	11.3%	£2,817,393	-12.1%	£3,205,499	17%	£2,739,666
	Total Liabilities	£1,570,365	-24.3%	£2,074,675	14.4%	£1,812,877	-12.8%	£2,079,631	-6.9%	£2,233,058
	Net Assets	£1,478,388	39.3%	£1,060,973	5.6%	£1,004,516	-10.8%	£1,125,868	122.2%	£506,608

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
	Capital Employed	£1,486,957	39.2%	£1,068,256	5.5%	£1,012,806	-13.4%	£1,169,313	130.8%	£506,608
	Number of Employees	37	-2.6%	38	2.7%	37	-	37	8.8%	34
	Accountants
	Auditors	GRANT THORNTON UK LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
	Pre-tax profit margin %	12.17	19.76	16.96	18.65	16.38
	Current ratio	1.90	1.47	1.49	1.49	1.19
	Sales/Net Working Capital	5.24	9	9.27	8.67	20.83
	Gearing %	0.60	0.70	0.80	3.90	0
	Equity in %	48.50	33.80	35.70	35.10	18.50
	Creditor Days	42.22	45.19	42.59	42.90	56.47
	Debtor Days	45.22	49.41	48.45	63.09	45.13
	Liquidity/Acid Test	1.40	1.09	1.12	1.18	0.90
	Return On Capital Employed %	60.01	162.13	138.21	136.86	279.91
	Return On Total Assets Employed %	29.27	55.23	49.68	49.92	51.76
	Current Debt Ratio	1.05	1.94	1.79	1.80	4.40
	Total Debt Ratio	1.06	1.95	1.80	1.84	4.40
	Stock Turnover Ratio %	10.39	8.79	8.14	7.17	7.14
	Return on Net Assets Employed %	60.36	163.24	139.35	142.14	279.91

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
11/01/2018	Mr D. Barnbrook has left the board
06/12/2017	New Board Member Mr M.S. Lavelle appointed
05/10/2017	Payment Data Update Received
04/10/2017	New Accounts Filed
04/10/2017	Payment Data Update Received
26/08/2017	Confirmation Statement
27/01/2017	New Board Member Dr D. Perry appointed
10/01/2017	Mr P.R. Missing has left the board
05/10/2016	Mr M.J. Wombwell has left the board
22/09/2016	New Accounts Filed
26/08/2016	Annual Returns
18/08/2016	Payment Data Update Received
20/01/2016	New Board Member Mr T. Larkin appointed
12/01/2016	Mr L.J. Howell has left the board
04/11/2015	Change in Reg.Office

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	22 companies
Linkages	1 companies
Countries	In 1 countries

Summary

Holding Company	JUDGES SCIENTIFIC PLC
Ownership Status	Wholly Owned
Ultimate Holding Company	JUDGES SCIENTIFIC PLC

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
JUDGES SCIENTIFIC PLC	04597315	31.12.2017	Y	£71,360,000
ARMFIELD LIMITED	01962034	31.12.2016	N	£8,916,974
ARMFIELD TECHNICAL E...	01523896	31.12.2016	N
DIA-STRON LIMITED	02197540	31.12.2016	N	£1,344,225
FIRE TESTING TECHNOLOG...	02387681	31.12.2016	N	£6,154,224
SIRCAL INSTRUMENTS (...	01592093	31.12.2016	N	£1,095,631
STANTON REDCROFT LIM...	03477206	31.05.2017	N
AITCHEE ENGINEERING...	05882888	31.12.2016	N	£974,108
FTT SCIENTIFIC LIMITED	07478065	31.12.2016	N
EWB SOLUTIONS LTD.	03755592	31.12.2016	N	£747,301
POLARON INSTRUMENTS LI...	04258603	31.12.2016	N
JUDGES CAPITAL LIMITED	07003607	31.12.2016	N
SCIENTIFICA LTD	03286415	31.12.2016	N	£10,829,571
COOLLED LIMITED	07654232	30.06.2016	N	£3,072,631
BORDEAUX ACQUISITION L...	07510463	31.12.2016	N	£120,000
DEBEN UK LIMITED	03208255	31.12.2016	N	£3,867,048
GLOBAL DIGITAL SYSTEMS...	01459108	31.12.2016	N	£6,866,689
GDS INSTRUMENTS LIMITED	01646739	31.12.2016	N
PE. FIBEROPTICS LIMITED	05524971	31.12.2016	N	£2,224,851
QUORUM TECHNOLOGIES LI...	04273003	31.12.2016	N	£7,331,385
EM TECHNOLOGIES LIMITED	05341418	31.12.2016	N
UHV DESIGN LIMITED	04133945	31.12.2016	N	£4,552,493

Statistics

Group	22 companies
Linkages	1 companies
Countries	In 1 countries

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
ARMFIELD INC		-	$1,972,000

Mortgage Details

Mortgage Type:	DEBENTURE
Date Charge Created:	15/06/09
Date Charge Registered:	20/06/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE 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
Mortgage Type:	ASSIGNMENT OF A KEYMAN LIFE POLICY
Date Charge Created:	15/06/09
Date Charge Registered:	20/06/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	LIFE POLICY OF PHILIP MISSING WITH AXA PROTECTION POLICY NO 32548323 SEE IMAGE FOR FULL DETAILS

Mortgage Type:	ASSIGNMENT OF A KEYMAN LIFE POLICY
Date Charge Created:	15/06/09
Date Charge Registered:	20/06/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	LIFE POLICY OF MICHAEL WOMBWELL AXA PROTECTION POLICY NO 32548327 SEE IMAGE FORFULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	15/03/05
Date Charge Registered:	16/03/05
Date Charge Satisfied:	23/06/09
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY

Mortgage Type:	DEBENTURE
Date Charge Created:	18/02/04
Date Charge Registered:	28/02/04
Date Charge Satisfied:	24/03/07
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	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

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Matthew Langley Backshall	0	2	0
Ralph Leslie Cohen	3	30	8
Ralph Leslie Cohen	3	30	8
Philip Richard Missing	0	2	4
Kevin Dominic Breen	0	10	4
WWW.ACCOUNTINGTECHNOLOGY LTD	0	57	201
K-COM SYSTEMS LIMITED	0	57	200
Amanda Jameson Kenhard	0	2	0
Robert Brindley Kenhard	2	3	0
Michael John Wombwell	0	1	0
David Barnbrook	2	18	0
Lee John Emilio Howell	1	2	0

Total Persons With Significant Control	1	Total Statements	0
Active	1	Active	0
Ceased	0	Ceased	0

Active Persons With Significant Control

Name	Judges Scientific Plc	Kind	Corporate Entity With Significant Control
Address	52c Borough High Street, London	Notified On	20/08/2016
Post Code	SE1 1XN	Legal Form	Public Limited Company
Authority	Companies Act 2006	Place Registered	Registrar Of Companies (England And Wales)
Country Registered	England	Registration Number	04597315
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 67.77
UK Pound	1	INR 89.96
Euro	1	INR 78.86
GBP	1	INR 90.04

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

INFORMATION DETAILS

Analysis Done by :	VIV
Report Prepared by :	SYL

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.