MIRA INFORM REPORT

Report No. :	494386
Report Date :	06.03.2018

IDENTIFICATION DETAILS

Name :	STAR MELA LIMITED

Registered Office :	100A HIgh Street Hampton Middlesex TW12 2ST

Country :	United Kingdom

Financials (as on) :	30.06.2016

Date of Incorporation :	17.11.2005

Com. Reg. No.:	05627199

Legal Form :	Private limited with Share Capital

Line of Business :	· Wholesale of clothing and footwear · Clothing wholesaler.

No. of Employees :	Not Available

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+	Low Risk	Business dealings permissible with low risk of default

Status :	Good

Payment Behaviour :	Regular

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

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

STAR MELA LIMITED

100A HIGH STREET HAMPTON MIDDLESEX TW12 2ST

Company No.

05627199

Company Status

Active - Accounts Filed

Company Summary

Registered Address 100A HIGH STREET
HAMPTON
MIDDLESEX
TW12 2ST

Trading Address 100A High Street
Hampton
Middlesex
TW12 2ST

Unit 5 Stephendale

Yard Stephendale

Road London

SW6 2LR

Website Address http://www.starmela.com

Telephone Number 02077360505

Fax Number

TPS No

FPS Yes

Incorporation Date 17/11/2005

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 18/01/2017

Currency GBP

Share Capital £100

SIC07 46420

Charity Number -

SIC07 Description WHOLESALE OF CLOTHING AND FOOTWEAR

Principal Activity Clothing wholesaler.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant GARNERS

Mortgages 0

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

30/06/2016 - - £474,983 -

30/06/2015 - - £446,977 -

30/06/2014 - - £518,108 -

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

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.

This company trades in an industry with a moderate 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	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	3	Total Person's With Significant Control	2

Current Directors

Title	Ms	Function	Director
Name	Amanda Winship	Nationality	British
Date of Birth	07/1969	Present Appointments	2
Latest Address	100a High Street, Hampton, Middlesex	Appointment Date	17/11/2005
Post Code	TW12 2ST
Title	Ms	Function	Director
Name	Kirstine Hoffman	Nationality	Danish
Date of Birth	11/1975	Present Appointments	1
Latest Address	100a High Street, Hampton, Middlesex	Appointment Date	19/03/2010
Post Code	TW12 2ST

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Amanda Winship	Nationality	British
Date of Birth	07/1969	Present Appointments	2
Latest Address	100a High Street, Hampton, Middlesex	Appointment Date	17/11/2005
Post Code	TW12 2ST

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
AMANDA WINSHIP	GBP	50	ORDINARY A	1	50
KERSTINE HOFFMAN	GBP	30	ORDINARY B	1	30
NICOLA HAMWEE	GBP	20	ORDINARY C	1	20

Profit & Loss

	Date Of Accounts	30/06/16	(%)	30/06/15	(%)	30/06/14	(%)	30/06/13	(%)	30/06/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	65
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Depreciation	£2,336	-2.4%	£2,394	16.1%	£2,062	7.1%	£1,925	22.1%	£1,576
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	30/06/16	(%)	30/06/15	(%)	30/06/14	(%)	30/06/13	(%)	30/06/12
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Tangible Assets	£7,009	-2.4%	£7,181	16.1%	£6,186	7.1%	£5,775	22.1%	£4,731
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Fixed Assets	£7,009	-2.4%	£7,181	16.1%	£6,186	7.1%	£5,775	22.1%	£4,731
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Stock	£1,000	-	£1,000	-	£1,000	-	£1,000	-	£1,000
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Trade Debtors	£459,039	110.4%	£218,164	-38.2%	£353,052	145.1%	£144,037	97.6%	£72,891
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Cash	£732,388	-1.7%	£745,330	59.6%	£467,019	54.8%	£301,677	-2.9%	£310,622
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Current Assets	£1,192,427	23.6%	£964,494	17.5%	£821,071	83.8%	£446,714	16.2%	£384,513
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Trade Creditors	£724,453	38.1%	£524,698	69.7%	£309,149	83.9%	£168,121	-25.7%	£226,170
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Current Liabilities	£724,453	38.1%	£524,698	69.7%	£309,149	83.9%	£168,121	-25.7%	£226,170
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	30/06/16	(%)	30/06/15	(%)	30/06/14	(%)	30/06/13	(%)	30/06/12
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Called Up Share Capital	£100	-	£100	-	£100	-	£100	-	£100
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	P & L Account Reserve	£474,883	6.3%	£446,877	-13.7%	£518,008	82.2%	£284,268	74.4%	£162,974
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Shareholder Funds	£474,983	6.3%	£446,977	-13.7%	£518,108	82.2%	£284,368	74.4%	£163,074

Other Financial Items

	Date Of Accounts	30/06/16	(%)	30/06/15	(%)	30/06/14	(%)	30/06/13	(%)	30/06/12
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Net Worth	£474,983	6.3%	£446,977	-13.7%	£518,108	82.2%	£284,368	74.4%	£163,074
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Working Capital	£467,974	6.4%	£439,796	-14.1%	£511,922	83.8%	£278,593	75.9%	£158,343
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Assets	£1,199,436	23.4%	£971,675	17.5%	£827,257	82.8%	£452,489	16.2%	£389,244
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Liabilities	£724,453	38.1%	£524,698	69.7%	£309,149	83.9%	£168,121	-25.7%	£226,170
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Net Assets	£474,983	6.3%	£446,977	-13.7%	£518,108	82.2%	£284,368	74.4%	£163,074

Miscellaneous

	Date Of Accounts	30/06/16	(%)	30/06/15	(%)	30/06/14	(%)	30/06/13	(%)	30/06/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Capital Employed	£474,983	6.3%	£446,977	-13.7%	£518,108	82.2%	£284,368	74.4%	£163,074
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants	GARNERS
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	30/06/16	30/06/15	30/06/14	30/06/13	30/06/12
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Current ratio	1.65	1.84	2.66	2.66	1.70
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Equity in %	39.60	46	62.60	62.80	41.90
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.64	1.83	2.65	2.65	1.69
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Current Debt Ratio	1.52	1.17	0.59	0.59	1.38
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Total Debt Ratio	1.52	1.17	0.59	0.59	1.38
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\STAR MELA LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
26/01/2018	Confirmation Statement
24/01/2017	New Accounts Filed
02/12/2016	Payment Data Update Received
01/12/2016	Annual Returns
19/02/2016	Payment Data Update Received
11/01/2016	New Accounts Filed
05/12/2015	Annual Returns
26/01/2015	New Accounts Filed
10/01/2015	Annual Returns
07/02/2014	New Accounts Filed
29/11/2013	Annual Returns
08/11/2013	Change in Reg.Office
08/11/2013	Change of Company Postcode
21/01/2013	New Accounts Filed
27/11/2012	Annual Returns

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

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Nicola Hamwee	0			2	0
COMPANY DIRECTORS LIMITED	43			48176	157431
TEMPLE SECRETARIES LIMITED	74			48900	160666
Total Persons With Significant Control		2	Total Statements			0
Active		2	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Ms Kirstine Hoffman	Kind	Individual Person With Significant Control
Address	100a High Street, Hampton, Middlesex	Country Of Residence	England
Post Code	TW12 2ST	Nationality	Danish
Date of Birth	11/1975	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent,Right To Appoint And Remove Directors
Name	Miss Amanda Winship	Kind	Individual Person With Significant Control
Address	100a High Street, Hampton, Middlesex	Country Of Residence	England
Post Code	TW12 2ST	Nationality	British
Date of Birth	07/1969	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 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 65.05
UK Pound	1	INR 89.70
Euro	1	INR 80.03
GBP	1	INR 89.94

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

INFORMATION DETAILS

Analysis Done by :	VIV

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.