|
|
|
MIRA INFORM REPORT
|
Report No. : |
495281 |
|
Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
C-RETAIL LIMITED |
|
|
|
|
Registered Office : |
Unit 60 The Runnings Cheltenham Gloucestershire Gl51 9nw |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
29.04.2017 |
|
|
|
|
Date of Incorporation : |
28.01.2010 |
|
|
|
|
Com. Reg. No.: |
07139142 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Retail sale of clothing in specialised stores. The operation of Cult and superdry stores in the UK which sells own brand and third party clothing, shoes and accessories. |
|
|
|
|
No. of Employees : |
1460 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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: C-RETAIL
LIMITED
Company No: 07139142
Company Status: Active -
Accounts Filed
Active
Registered Address: UNIT 60 THE RUNNINGS CHELTENHAM GLOUCESTERSHIRE GL51 9NW
Company
Summary
Registered Address
UNIT 60 THE RUNNINGS
CHELTENHAM
GLOUCESTERSHIRE
GL51 9NW
Trading
Address
Unit 60
The Runnings
Cheltenham
Gloucestershire
GL51 9NW
Website Address http://www.supergroup.co.uk
Telephone Number 01242578376
TPS No
FPS Yes
Incorporation Date 28/01/2010
Type Private
limited with Share Capital
FTSE Index -
Date of Change -
Filing Date of Accounts 09/11/2017
Currency GBP
Share Capital £2
SIC07 47710
Charity Number -
SIC07 Description RETAIL
SALE OF CLOTHING IN SPECIALISED STORES
Principal Activity
The operation of
Cult and superdry stores in the UK which sells own brand and third party
clothing, shoes and accessories.
Additional
Information
CCJ's 1 (£429)
05/01/2017 COUNTY COURT
BUSINESS CENTRE £429 Judgment
- - -
-
- - -
-
Ultimate Holding Company SUPERDRY
PLC
Accountant -
Mortgages 1
Group 7
companies
Linkages 3
companies
Countries In 3
countries
Key
Financials
Year to Date Turnover Pre
Tax Profit Shareholder's
Funds Employees
29/04/2017 £314,945,000 £13,579,000 £49,036,000 1460
30/04/2016 £311,248,000 £27,807,000 £58,237,000
1402
25/04/2015 £261,244,000 £26,354,000
£73,137,000 1398
Mortgage
Summary
Total Mortgage 1
Outstanding 0
Satisfied 1
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. |
|
This company's bank loans and overdrafts (less cash) account for a
high percentage of short term liabilities. |
|
This company trades in an industry with a higher level of corporate
failures. |
CCJ
|
Total Number of Exact CCJs - |
1 |
Total Value of Exact CCJs - |
£429 |
|
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 |
4 |
Total Current Secretaries |
0 |
|
Total Previous Directors / Company Secretaries |
5 |
Total Person's With Significant Control |
1 |
Current
Directors
|
Title |
Mr |
Function |
Director |
|
Name |
Julian Marc Dunkerton |
Nationality |
British |
|
Date of Birth |
03/1965 |
Present Appointments |
12 |
|
Latest Address |
Unit 60 The Runnings, Cheltenham, Gloucestershire |
Appointment Date |
12/02/2010 |
|
Post Code |
GL51 9NW |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Julian Marc Dunkerton |
Nationality |
British |
|
Date of Birth |
03/1965 |
Present Appointments |
1 |
|
Latest Address |
Unit 60 The Runnings, Cheltenham, Gloucestershire |
Appointment Date |
12/02/2010 |
|
Post Code |
GL51 9NW |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Euan Angus Sutherland |
Nationality |
British |
|
Date of Birth |
02/1969 |
Present Appointments |
6 |
|
Latest Address |
Unit 60 The Runnings, Cheltenham, Gloucestershire |
Appointment Date |
12/02/2015 |
|
Post Code |
GL51 9NW |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Nicholas Barry Edward Wharton |
Nationality |
British |
|
Date of Birth |
08/1966 |
Present Appointments |
8 |
|
Latest Address |
Unit 60 The Runnings, Cheltenham |
Appointment Date |
02/11/2015 |
|
Post Code |
GL51 9NW |
||
Current
Company Secretary
Top Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
SUPERGROUP PLC |
GBP |
2 |
ORDINARY |
1 |
100 |
Financials
Profit & Loss
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Weeks |
52 |
(%) |
53 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated
A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
Turnover |
£314,945,000 |
1.2% |
£311,248,000 |
19.1% |
£261,244,000 |
34.3% |
£194,543,000 |
14% |
£170,667,000 |
|
Export |
£53,592,000 |
-35.2% |
£82,686,000 |
266.8% |
£22,542,000 |
- |
- |
- |
- |
|
Cost of Sales |
£146,636,000 |
14.9% |
£127,662,000 |
34.8% |
£94,680,000 |
48% |
£63,987,000 |
8.4% |
£59,052,000 |
|
Gross Profit |
£168,309,000 |
-8.3% |
£183,586,000 |
10.2% |
£166,564,000 |
27.6% |
£130,556,000 |
17% |
£111,615,000 |
|
Wages & Salaries |
£31,996,000 |
5.3% |
£30,388,000 |
6% |
£28,658,000 |
-10% |
£31,851,000 |
2% |
£31,240,000 |
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Profit |
£13,924,000 |
-53% |
£29,633,000 |
31.1% |
£22,606,000 |
999.9% |
£1,156,000 |
108.7% |
£554,000 |
|
Depreciation |
£12,183,000 |
-5.7% |
£12,924,000 |
4% |
£12,421,000 |
-6.7% |
£13,318,000 |
12.1% |
£11,881,000 |
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Interest Payments |
£8,000 |
- |
- |
-100% |
£130,000 |
348.3% |
£29,000 |
-31% |
£42,000 |
|
Pre Tax Profit |
£13,579,000 |
-51.2% |
£27,807,000 |
5.5% |
£26,354,000 |
999.9% |
£1,260,000 |
113.6% |
£590,000 |
|
Taxation |
-£2,780,000 |
57.6% |
-£6,562,000 |
10.8% |
-£7,355,000 |
-224.2% |
-£2,269,000 |
0.7% |
-£2,285,000 |
|
Profit After Tax |
£10,799,000 |
-49.2% |
£21,245,000 |
11.8% |
£18,999,000 |
999.9% |
-£1,009,000 |
40.5% |
-£1,695,000 |
|
Dividends Payable |
£20,000,000 |
-44.7% |
£36,145,000 |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
-£9,201,000 |
38.2% |
-£14,900,000 |
-178.4% |
£18,999,000 |
999.9% |
-£1,009,000 |
40.5% |
-£1,695,000 |
Balance Sheet
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Tangible Assets |
£35,430,000 |
-10.5% |
£39,584,000 |
-7.9% |
£42,963,000 |
-12.1% |
£48,853,000 |
-1% |
£49,365,000 |
|
Intangible Assets |
£35,586,000 |
-9.7% |
£39,414,000 |
-8.9% |
£43,254,000 |
-7.8% |
£46,917,000 |
-7.3% |
£50,611,000 |
|
Total Fixed Assets |
£71,016,000 |
-10.1% |
£78,998,000 |
-8.4% |
£86,217,000 |
-10% |
£95,770,000 |
-4.2% |
£99,976,000 |
|
Stock |
£91,692,000 |
24.6% |
£73,581,000 |
-2.5% |
£75,494,000 |
52.7% |
£49,451,000 |
2.3% |
£48,322,000 |
|
Trade Debtors |
£253,000 |
-91.8% |
£3,081,000 |
130.3% |
£1,338,000 |
341.6% |
£303,000 |
-83.7% |
£1,862,000 |
|
Cash |
£1,476,000 |
999.9% |
£106,000 |
-99.6% |
£27,516,000 |
84% |
£14,952,000 |
33.2% |
£11,227,000 |
|
Other Debtors |
£106,427,000 |
8.9% |
£97,752,000 |
-3.2% |
£101,019,000 |
326.3% |
£23,697,000 |
41.8% |
£16,717,000 |
|
Miscellaneous Current Assets |
£1,794,000 |
-8.5% |
£1,960,000 |
-32.6% |
£2,910,000 |
- |
0 |
- |
0 |
|
Total Current Assets |
£201,642,000 |
14.3% |
£176,480,000 |
-15.3% |
£208,277,000 |
135.6% |
£88,403,000 |
13.2% |
£78,128,000 |
|
Trade Creditors |
£40,204,000 |
15.8% |
£34,731,000 |
13.3% |
£30,647,000 |
33.8% |
£22,905,000 |
10.3% |
£20,766,000 |
|
Bank Loans & Overdrafts |
£93,951,000 |
16.2% |
£80,848,000 |
-6.6% |
£86,543,000 |
105.9% |
£42,037,000 |
6.3% |
£39,539,000 |
|
Other Short Term Finance |
£55,017,000 |
14.7% |
£47,972,000 |
-20.8% |
£60,594,000 |
119.8% |
£27,571,000 |
26.3% |
£21,824,000 |
|
Miscellaneous Current Liabilities |
£13,821,000 |
30.3% |
£10,608,000 |
-42.9% |
£18,590,000 |
31% |
£14,191,000 |
8.9% |
£13,027,000 |
|
Total Current Liabilities |
£202,993,000 |
16.6% |
£174,159,000 |
-11.3% |
£196,374,000 |
84% |
£106,704,000 |
12.1% |
£95,156,000 |
|
Bank Loans & Overdrafts and LTL |
£114,580,000 |
10.2% |
£103,930,000 |
-6.8% |
£111,526,000 |
113.3% |
£52,274,000 |
-3.6% |
£54,246,000 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
£20,629,000 |
-10.6% |
£23,082,000 |
-7.6% |
£24,983,000 |
144% |
£10,237,000 |
-30.4% |
£14,707,000 |
.
Capital & Reserves
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Called Up Share Capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
P & L Account Reserve |
£49,036,000 |
-15.8% |
£58,237,000 |
-20.4% |
£73,137,000 |
8.8% |
£67,232,000 |
-1.5% |
£68,241,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Shareholder Funds |
£49,036,000 |
-15.8% |
£58,237,000 |
-20.4% |
£73,137,000 |
8.8% |
£67,232,000 |
-1.5% |
£68,241,000 |
Other Financial Items
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Net Worth |
£13,450,000 |
-28.5% |
£18,823,000 |
-37% |
£29,883,000 |
47.1% |
£20,315,000 |
15.2% |
£17,630,000 |
|
Working Capital |
-£1,351,000 |
-158.2% |
£2,321,000 |
-80.5% |
£11,903,000 |
165% |
-£18,301,000 |
-7.5% |
-£17,028,000 |
|
Total Assets |
£272,658,000 |
6.7% |
£255,478,000 |
-13.2% |
£294,494,000 |
59.9% |
£184,173,000 |
3.4% |
£178,104,000 |
|
Total Liabilities |
£223,622,000 |
13.4% |
£197,241,000 |
-10.9% |
£221,357,000 |
89.3% |
£116,941,000 |
6.4% |
£109,863,000 |
|
Net Assets |
£49,036,000 |
-15.8% |
£58,237,000 |
-20.4% |
£73,137,000 |
8.8% |
£67,232,000 |
-1.5% |
£68,241,000 |
Cash Flow
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Increase in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date Of Accounts |
29/04/17 |
(%) |
30/04/16 |
(%) |
25/04/15 |
(%) |
26/04/14 |
(%) |
28/04/13 |
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£69,665,000 |
-14.3% |
£81,319,000 |
-17.1% |
£98,120,000 |
26.7% |
£77,469,000 |
-6.6% |
£82,948,000 |
|
Number of Employees |
1460 |
4.1% |
1402 |
0.3% |
1398 |
-0.2% |
1401 |
1.5% |
1380 |
|
Accountants |
|||||||||
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
||||||||
|
Bankers |
|||||||||
|
Bank Branch Code |
|||||||||
Ratios
|
Date Of Accounts |
29/04/17 |
30/04/16 |
25/04/15 |
26/04/14 |
28/04/13 |
|
Pre-tax profit margin % |
4.31 |
8.93 |
10.09 |
0.65 |
0.35 |
|
Current ratio |
0.99 |
1.01 |
1.06 |
0.83 |
0.82 |
|
Sales/Net Working Capital |
-233.12 |
134.10 |
21.95 |
-10.63 |
-10.02 |
|
Gearing % |
233.70 |
178.50 |
152.50 |
77.80 |
79.50 |
|
Equity in % |
20.70 |
27 |
29.10 |
49 |
53.50 |
|
Creditor Days |
46.46 |
41.39 |
42.70 |
42.85 |
44.28 |
|
Debtor Days |
0.29 |
3.67 |
1.86 |
0.56 |
3.97 |
|
Liquidity/Acid Test |
0.54 |
0.59 |
0.67 |
0.36 |
0.31 |
|
Return On Capital Employed % |
19.49 |
34.19 |
26.85 |
1.62 |
0.71 |
|
Return On Total Assets Employed % |
4.98 |
10.88 |
8.94 |
0.68 |
0.33 |
|
Current Debt Ratio |
4.13 |
2.99 |
2.68 |
1.58 |
1.39 |
|
Total Debt Ratio |
4.56 |
3.38 |
3.02 |
1.73 |
1.60 |
|
Stock Turnover Ratio % |
29.11 |
23.64 |
28.89 |
25.41 |
28.31 |
|
Return on Net Assets Employed % |
27.69 |
47.74 |
36.03 |
1.87 |
0.86 |
Report Notes
There are no notes to display.
Status History
No Status History found
|
Date |
Description |
|
02/02/2018 |
Confirmation Statement |
|
18/11/2017 |
Payment Data Update Received |
|
17/11/2017 |
New Accounts Filed |
|
07/02/2017 |
New Accounts Filed |
|
07/02/2017 |
New Accounts Filed |
|
03/02/2017 |
Annual Returns |
|
01/02/2017 |
Payment Data Update Received |
|
09/02/2016 |
New Accounts Filed |
|
03/02/2016 |
Annual Returns |
|
04/11/2015 |
New Board Member Mr N.B. Wharton appointed |
|
02/03/2015 |
Mr S.S. Wills has left the board |
|
24/02/2015 |
Ms S.J. Given has left the board |
|
23/02/2015 |
New Board Member Mr E.A. Sutherland appointed |
|
05/02/2015 |
Annual Returns |
|
19/12/2014 |
New Accounts Filed |
Previous Company
Names
No Previous Names found
Writ Details
No writs found
Statistics
|
Group |
7 companies |
|
Linkages |
3 companies |
|
Countries |
In 3 countries |
Summary
|
Holding Company |
SUPERDRY PLC |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
SUPERDRY PLC |
Group
Structure Full
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
07063562 |
29.04.2017 |
Y |
£752,000,000 |
|
|
07139142 |
29.04.2017 |
N |
£314,945,000 |
|
|
07063508 |
29.04.2017 |
N |
£241,228,000 |
|
|
07139101 |
30.04.2016 |
N |
£7,715,000 |
|
|
07139044 |
29.04.2017 |
N |
£132,456,000 |
|
|
07938117 |
28.02.2017 |
N |
|
|
|
IE480483 |
29.04.2017 |
N |
€20,523,000 |
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
05/01/2017 |
COUNTY COURT BUSINESS CENTRE |
£429 |
Judgment |
C0FJ55CY |
- |
Possible CCJs
Details
Possible CCJ matches show CCJs that may be matched to a company based on
various criteria such as similar trading names or addresses. This data is provided
for your information only as an aid to decision-making and does not affect a
company’s rating.
There are no possible CCJ details
Mortgage
Details
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
21/02/10 |
||
|
Date Charge Registered: |
04/03/10 |
||
|
Date Charge Satisfied: |
12/03/11 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
|||
|
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 |
||
Previous
Director/Company Secretaries
|
Name |
Current Active Appointments |
Previous Appointments |
Dissolved Companies |
|
|||
|
Diane Rebecca Wendy Savory |
0 |
14 |
12 |
|
|||
|
Charles Robert Victor Howes |
1 |
13 |
24 |
|
|||
|
Lee James Jordan |
0 |
3 |
4 |
|
|||
|
Shaun Simon Wills |
0 |
8 |
10 |
|
|||
|
Suzanne Johanne Given |
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 |
Superdry Plc |
Kind |
Corporate Entity With Significant Control |
||
|
Address |
Unit 60 The Runnings, Cheltenham, Gloucestershire |
Notified On |
06/04/2016 |
||
|
Post Code |
GL51 9NW |
Legal Form |
Public Limited Company |
||
|
Authority |
United Kingdom |
Place Registered |
Companies House |
||
|
Country Registered |
United Kingdom |
Registration Number |
07063562 |
||
|
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 |
|
|
Average Invoice Value |
£11629.32 |
|
Invoices available |
552 |
|
Paid |
538 |
|
Outstanding |
14 |
|
Trade Payment Data is information that we collect from selected third
party partners who send us information about their whole sales ledger. |
|
Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
|
|
Paid |
62 |
173 |
84 |
46 |
173 |
|
Outstanding |
1 |
3 |
1 |
2 |
7 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.22 |
|
UK Pound |
1 |
INR 89.71 |
|
Euro |
1 |
INR 79.50 |
|
GBP |
1 |
INR 90.02 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
DNS |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.