MIRA INFORM REPORT

Report No. :	496148
Report Date :	08.03.2018

IDENTIFICATION DETAILS

Name :	BETON TOOL LTD

Registered Office :	Trident Court 1 Oakcroft Road, Chessington, Surrey, Kt9 1bd

Country :	United Kingdom

Financials (as on) :	31.05.2017

Date of Incorporation :	12.06.2012

Com. Reg. No.:	08102635

Legal Form :	Private limited with Share Capital

Line of Business :	Agents involved in the sale of machinery, industrial equipment, ships and Aircraft

No. of Employees :	Not available

RATING & COMMENTS

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

MIRA’s Rating :

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

Status :	Satisfactory

Payment Behaviour :	Slow but Correct

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

Company Name: BETON TOOL LTD

Company No: 08102635

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: TRIDENT COURT 1 OAKCROFT ROADCHESSINGTONSURREYKT9 1BD

Company Name

BETON TOOL LTD

Company Number

08102635

Company Summary

Registered Address TRIDENT COURT 1 OAKCROFT ROAD
CHESSINGTON
SURREY
KT9 1BD

Trading Address Trident Court
1 Oakcroft Road
Chessington
Surrey
KT9 1BD

Website Address http://www.barttech.co.uk

Telephone Number 02033010003

Fax Number

TPS Yes

FPS Yes

Incorporation Date 12/06/2012

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 21/02/2018

Currency GBP

Share Capital £2

SIC07 46140

Charity Number -

SIC07 Description AGENTS INVOLVED IN THE SALE OF MACHINERY, INDUSTRIAL EQUIPMENT, SHIPS AND AIRCRAFT

Principal Activity

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

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

31/05/2017 - - £36,919 -

31/05/2016 - - £64,513 -

31/05/2015 - - £32,234 -

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 are considered to be low in terms of the overall outstanding creditor obligations.

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	1	Total Current Secretaries	0
Total Previous Directors / Company Secretaries	2	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Roberto Pasqualotto	Nationality	Italian
Date of Birth	08/1976	Present Appointments	2
Latest Address	Trident Court 1 Oakcroft Road, Chessington, Surrey	Appointment Date	12/06/2012
Post Code	KT9 1BD

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
BROOKE CAMFIELD	GBP	1	ORDINARY	1	50
ROBERT PASQUALOTTO	GBP	1	ORDINARY	1	50
1

financials

Profit & Loss

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Depreciation	-	-100%	£875	-	£875	-	£875	-	£875
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Tangible Assets	0	-	0	-100%	£875	-50%	£1,750	-33.3%	£2,625
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Fixed Assets	0	-	0	-100%	£875	-50%	£1,750	-33.3%	£2,625
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Trade Debtors	£104,315	378.9%	£21,780	310.9%	£5,301	999.9%	£375	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Cash	0	-100%	£142,354	-8.1%	£154,956	12.9%	£137,250	330.1%	£31,908
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Current Assets	£104,315	-36.4%	£164,134	2.4%	£160,257	16.4%	£137,625	331.3%	£31,908
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Trade Creditors	£67,396	-32.3%	£99,621	-22.7%	£128,898	3.9%	£124,075	268.3%	£33,693
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Current Liabilities	£67,396	-32.3%	£99,621	-22.7%	£128,898	3.9%	£124,075	268.3%	£33,693
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Called Up Share Capital	£2	-	£2	-	£2	-	£2	-	£2
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	P & L Account Reserve	£36,917	-42.8%	£64,511	100.1%	£32,232	110.7%	£15,298	999.9%	£838
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Shareholder Funds	£36,919	-42.8%	£64,513	100.1%	£32,234	110.7%	£15,300	999.9%	£840

Other Financial Items

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Net Worth	£36,919	-42.8%	£64,513	100.1%	£32,234	110.7%	£15,300	999.9%	£840
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Working Capital	£36,919	-42.8%	£64,513	105.7%	£31,359	131.4%	£13,550	859.1%	-£1,785
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Assets	£104,315	-36.4%	£164,134	1.9%	£161,132	15.6%	£139,375	303.6%	£34,533
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Liabilities	£67,396	-32.3%	£99,621	-22.7%	£128,898	3.9%	£124,075	268.3%	£33,693
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Net Assets	£36,919	-42.8%	£64,513	100.1%	£32,234	110.7%	£15,300	999.9%	£840

Cash Flow

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/05/17	(%)	31/05/16	(%)	31/05/15	(%)	31/05/14	(%)	31/05/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Capital Employed	£36,919	-42.8%	£64,513	100.1%	£32,234	110.7%	£15,300	999.9%	£840
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/05/17	31/05/16	31/05/15	31/05/14	31/05/13
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Current ratio	1.55	1.65	1.24	1.11	0.95
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Equity in %	35.40	39.30	20	11	2.40
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Liquidity/Acid Test	1.54	1.64	1.24	1.10	0.94
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Current Debt Ratio	1.82	1.54	3.99	8.10	40.11
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Total Debt Ratio	1.82	1.54	3.99	8.10	40.11
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\BETON TOOL LTD_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

*Event History

Date	Description
28/02/2018	New Accounts Filed
17/07/2017	Ms B.L. Camfield has left the board
03/03/2017	Annual Returns
08/12/2016	New Accounts Filed
09/03/2016	Annual Returns
02/03/2016	New Accounts Filed
12/05/2015	Annual Returns
04/03/2015	New Accounts Filed
20/11/2014	Change in Reg.Office
20/11/2014	Change of Company Postcode
30/06/2014	CA SOLUTIONS LTD has resigned as company secretary
06/03/2014	Annual Returns
05/03/2014	New Accounts Filed
17/06/2013	Annual Returns
12/06/2013	New Board Member Ms B.L. Camfield appointed

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

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
CA SOLUTIONS LTD	0	1	0
Brooke Leanne Camfield	0	1	3

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

Active Persons With Significant Control

Name	Mr Roberto Pasqualotto	Kind	Individual Person With Significant Control
Address	Trident Court 1 Oakcroft Road, Chessington, Surrey	Country Of Residence	England
Post Code	KT9 1BD	Nationality	Italian
Date of Birth	08/1976	Notified On	28/02/2017
Nature Of Control	Has significant influence or control

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 64.96
UK Pound	1	INR 90.34
Euro	1	INR 80.75
GBP	1	INR 90.28

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

INFORMATION DETAILS

Analysis Done by :	DIV

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.