3decades

MIRA INFORM REPORT

Report No. :	495340
Report Date :	07.03.2018

IDENTIFICATION DETAILS

Name :	NKD MARITIME LIMITED

Registered Office :	The Old Grange Warren Estate, Lordship Road Writtle, Chelmsford CM1 3WT

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	08.04.2003

Com. Reg. No.:	04727463

Legal Form :	Private Limited with Share Capital

Line of Business :	· Agents involved in the sale of machinery, industrial equipment, ships and aircraft · Ship broking.

No. of Employees :	2 [2017]

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

(30.09.2017)

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 Summary

Registered Address

The Old Grange Warren Estate
Lordship Road Writtle
Chelmsford
CM1 3WT

Trading Address

The Warren Estate
Lordship Road
Writtle
Chelmsford, Essex
CM1 3WT

Website Address http://www.nkdmaritime.com

Company Number 04727463

Telephone Number 01708733770

Fax Number -

TPS No

FPS Yes

Incorporation Date 08/04/2003

Previous Name -

Type Private Limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 14/07/2017

Currency GBP

Share Capital £2,735

SIC07 46140

Charity Number -

SIC07 Description Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Principal Activity Ship broking.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 5

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	£75,538,784	£150,527	£1,548,260	2
31.03.2016	£48,966,287	£120,707	£1,433,118	2
31.03.2015	£45,018,327	£120,830	£778,258	3

Mortgage summary

Total Mortgage 5

Outstanding 1

Satisfied 4

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 Medium company.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's return on total assets employed ratio indicates a relatively efficient use of assets.

The company has more cash than short term bank borrowings.

This company trades in an industry with a lower 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	2	Total Person's With Significant Control	2

Current Directors

Title	Mr	Function	Director
Name	Narinder Dheir	Nationality	British
Date of Birth	08/1961	Present Appointments	3
Latest Address	22 Crossways, Gidea Park, Romford, Essex	Appointment Date	08/04/2003
Post Code	RM2 6AL

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Catherine Dheir	Nationality	British
Date of Birth	04/1964	Present Appointments	4
Latest Address	22 Crossways, Gidea Park, Essex	Appointment Date	08/04/2003
Post Code	RM2 6AL

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
NARINDER DHEIR	GBP	600	ORDINARY A	1	21.94
CATHERINE DHEIR	GBP	600	ORDINARY A	1	21.94
MRS RANJENBEN M. PATEL	GBP	350	ORDINARY A	1	12.8
MR MUKESHBHAI B. PATEL	GBP	350	ORDINARY A	1	12.8
MR BHAVYA M. PATEL	GBP	300	ORDINARY A	1	10.97
RK INDUSTRIES UNIT 11	GBP	200	ORDINARY A	1	7.31
NARINDER DHEIR	GBP	168	ORDINARY B	1	6.14
CATHERINE DHEIR	GBP	167	ORDINARY B	1	6.11

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
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Turnover	£75,538,784	54.3%	£48,966,287	8.8%	£45,018,327	-25.1%	£60,067,656	-41.7%	£102,955,372
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Cost of Sales	£75,020,519	54.3%	£48,619,510	8.4%	£44,840,129	-25%	£59,749,020	-41.8%	£102,689,590
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Gross Profit	£518,265	49.5%	£346,777	94.6%	£178,198	-44.1%	£318,636	19.9%	£265,782
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Wages & Salaries	£30,000	-5.2%	£31,652	-5.4%	£33,448	-7.6%	£36,215	-3%	£37,333
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Directors Emoluments	£16,000	-	£16,000	-	£16,000	-	£16,000	-	£16,000
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Operating Profit	£427,349	57.8%	£270,762	73.4%	£156,148	-21.2%	£198,100	206.3%	-£186,367
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Depreciation	£2,878	-25.7%	£3,876	-18%	£4,728	-48.7%	£9,217	36.4%	£6,757
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Interest Payments	£290,103	79.8%	£161,315	190.5%	£55,536	565.8%	£8,341	-67.3%	£25,518
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Pre Tax Profit	£150,527	24.7%	£120,707	-0.1%	£120,830	-71.3%	£421,683	279.1%	-£235,395
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Taxation	-£35,385	-36.9%	-£25,847	-46%	-£17,699	82.3%	-£100,000	-999.9%	£7
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Profit After Tax	£115,142	21.4%	£94,860	-8%	£103,131	-67.9%	£321,683	236.7%	-£235,388
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-100%	£33,000	-10.4%	£36,810	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Retained Profit	£115,142	21.4%	£94,860	35.3%	£70,131	-75.4%	£284,873	221%	-£235,388

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Tangible Assets	£6,872	-26.7%	£9,381	-27.9%	£13,015	-19.2%	£16,105	-22.2%	£20,693
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Fixed Assets	£6,872	-26.7%	£9,381	-27.9%	£13,015	-19.2%	£16,105	-22.2%	£20,693
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Trade Debtors	£5,005,543	10.3%	£4,537,583	-44.7%	£8,203,010	286.5%	£2,122,551	-74.8%	£8,433,339
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Cash	£1,608,469	-11%	£1,807,094	405.1%	£357,764	-89.9%	£3,555,830	217.5%	£1,119,892
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Other Debtors	£272,681	173.1%	£99,854	23.8%	£80,644	-86.7%	£606,895	-21.2%	£770,615
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-100%	£220,833	84.3%	£119,847	49.3%	£80,273
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Current Assets	£6,886,693	6.9%	£6,444,531	-27.3%	£8,862,251	38.4%	£6,405,123	-38.4%	£10,404,119
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Trade Creditors	£4,228,862	25.1%	£3,380,770	-34.4%	£5,156,420	13.8%	£4,531,041	-47.5%	£8,630,461
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	£712,399	-23.2%	£927,893	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Other Short Term Finance	£358,933	-31.2%	£521,571	-81.4%	£2,801,830	177.8%	£1,008,446	-22.2%	£1,295,583
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£45,111	-76.3%	£190,560	37.3%	£138,758	-20.1%	£173,614	129.9%	£75,514
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Current Liabilities	£5,345,305	6.5%	£5,020,794	-38%	£8,097,008	41.7%	£5,713,101	-42.9%	£10,001,558
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£712,399	-23.2%	£927,893	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Called Up Share Capital	£2,735	-	£2,735	104.9%	£1,335	-	£1,335	-	£1,335
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	P & L Account Reserve	£715,928	19.2%	£600,786	18.7%	£505,926	16.1%	£435,795	188.8%	£150,922
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Sundry Reserves	£829,597	-	£829,597	206.1%	£270,997	-	£270,997	-	£270,997
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Shareholder Funds	£1,548,260	8%	£1,433,118	84.1%	£778,258	9.9%	£708,127	67.3%	£423,254

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Net Worth	£1,548,260	8%	£1,433,118	84.1%	£778,258	9.9%	£708,127	67.3%	£423,254
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Working Capital	£1,541,388	8.3%	£1,423,737	86.1%	£765,243	10.6%	£692,022	71.9%	£402,561
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Assets	£6,893,565	6.8%	£6,453,912	-27.3%	£8,875,266	38.2%	£6,421,228	-38.4%	£10,424,812
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Liabilities	£5,345,305	6.5%	£5,020,794	-38%	£8,097,008	41.7%	£5,713,101	-42.9%	£10,001,558
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Net Assets	£1,548,260	8%	£1,433,118	84.1%	£778,258	9.9%	£708,127	67.3%	£423,254

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	£697,964	-69.1%	£2,259,412	141.7%	-£5,416,261	-328.1%	£2,374,377	156.7%	-£4,189,497
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	£394,893	-82.5%	£2,252,715	140.7%	-£5,530,631	-316.5%	£2,554,567	158.5%	-£4,366,778
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-£593,518	26.1%	-£803,385	-134.4%	£2,332,565	999.9%	-£118,629	83.8%	-£731,597
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Increase in Cash	-£198,625	-113.7%	£1,449,330	145.3%	-£3,198,066	-231.3%	£2,435,938	147.8%	-£5,098,375

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
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Capital Employed	£1,548,260	8%	£1,433,118	84.1%	£778,258	9.9%	£708,127	67.3%	£423,254
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Number of Employees	2	-	2	-33.3%	3	-	3	-	3
	Accountants
	Auditors	FISHER MICHAEL
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	0.20	0.25	0.27	0.70	-0.23
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Current ratio	1.29	1.28	1.09	1.12	1.04
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	49.01	34.39	58.83	86.80	255.75
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Gearing %	46	64.70	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Equity in %	22.50	22.20	8.80	11	4.10
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Creditor Days	20.37	25.13	41.69	27.45	30.51
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Debtor Days	24.12	33.73	66.32	12.86	29.81
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.28	1.28	1.09	1.12	1.04
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Return On Capital Employed %	9.72	8.42	15.52	59.54	-55.61
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	2.18	1.87	1.36	6.56	-2.25
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Current Debt Ratio	3.45	3.50	10.40	8.06	23.63
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Total Debt Ratio	3.45	3.50	10.40	8.06	23.63
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\NKD MARITIME LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	9.72	8.42	15.52	59.54	-55.61

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
25/07/2017	New Accounts Filed
25/07/2017	New Accounts Filed
18/04/2017	Confirmation Statement
26/08/2016	New Accounts Filed
26/08/2016	New Accounts Filed
24/04/2016	Annual Returns
26/10/2015	New Accounts Filed
25/04/2015	Annual Returns
23/09/2014	New Accounts Filed
29/04/2014	Annual Returns
15/10/2013	New Accounts Filed
15/10/2013	New Accounts Filed
20/05/2013	Annual Returns
22/11/2012	New Accounts Filed
22/11/2012	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

Mortgage Details

Mortgage Type:
Date Charge Created:	17/02/16
Date Charge Registered:	18/02/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	STATE BANK OF INDIA;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	02/02/16
Date Charge Registered:	15/02/16
Date Charge Satisfied:	22/02/16
Status:	SATISFIED
Person(s) Entitled:	IIG BANK (MALTA) LTD.;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.

Mortgage Type:	DEBENTURE
Date Charge Created:	02/03/11
Date Charge Registered:	14/03/11
Date Charge Satisfied:	09/05/11
Status:	SATISFIED
Person(s) Entitled:	STATE BANK OF INDIA,LONDON BRANCH
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 SEE IMAGEFOR FULL DETAILS
Mortgage Type:	DEED OF CHARGE OF ACCOUNTS
Date Charge Created:	19/04/04
Date Charge Registered:	21/04/04
Date Charge Satisfied:	20/11/15
Status:	SATISFIED
Person(s) Entitled:	BANK MANDIRI (EUROPE) LIMITED;
Amount Secured:
Details:	ALL NKD'S RIGHTS, TITLE AND INTEREST, BOTH PRESENT AND FUTURE, IN AND TO ALL MONEYS FROM TIME TO TIME TO TIME CREDITED TO THE ACCOUNTS (OR ANY OF THEM)SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	DEED OF CHARGE OF ACCOUNTS
Date Charge Created:	28/07/03
Date Charge Registered:	13/08/03
Date Charge Satisfied:	20/11/15
Status:	SATISFIED
Person(s) Entitled:	BANK MANDIRI (EUROPE) LIMITED;
Amount Secured:
Details:	ALL NKD'S RIGHTS, TITLE AND INTEREST, BOTH PRESENT AND FUTURE, IN AND TO ALL MONEYS FROM TIME TO TIME CREDITED TO THE ACCOUNTS INCLUDING, BUT WITHOUT LIMITATION, ANY INTEREST ON SUCH MONEYSSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Jonathan Dickenson Crouch	0			1337	3244
SDG REGISTRARS LIMITED	0			1332	3232
Total Persons With Significant Control		2	Total Statements			0
Active		2	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mr Narinder Dheir	Kind	Individual Person With Significant Control
Address	The Old Grange Warren Estate, Lordship Road Writtle, Chelmsford, Essex	Country Of Residence	England
Post Code	CM1 3WT	Nationality	British
Date of Birth	08/1961	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent
Name	Mrs Catherine Anne Dheir	Kind	Individual Person With Significant Control
Address	The Old Grange Warren Estate, Lordship Road Writtle, Chelmsford, Essex	Country Of Residence	England
Post Code	CM1 3WT	Nationality	British
Date of Birth	04/1964	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent

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 64.99
UK Pound	1	INR 89.91
Euro	1	INR 80.21
GBP	1	INR 90.13

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

INFORMATION DETAILS

Analysis Done by :	NIS

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.