3decades

MIRA INFORM REPORT

Report No. :	498378
Report Date :	20.03.2018

IDENTIFICATION DETAILS

Name :	NASSERI FABRICS LIMITED

Registered Office :	3rd Floor, 24 Old Bond Street, London W1S 4BH

Country :	United Kingdom

Financials (as on) :	28.02.2017

Date of Incorporation :	22.05.1974

Com. Reg. No.:	01171201

Legal Form :	Private Limited with Share Capital

Line of Business :	· Wholesale of Textiles · Fabric Retailers

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

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 Summary

Registered Address

3rd Floor
24 Old Bond Street
London
W1S 4BH

Trading Address

3rd Floor
24 Old Bond Street
London
W1S 4BH

Trading Address

41 Wentworth Street,

London, E1 7TD

Website Address http://www.nasserifabrics.com

Company Number 01171201

Telephone Number -

Fax Number -

TPS -

FPS Yes

Incorporation Date 22/05/1974

Previous Name -

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 27/11/2017

Currency GBP

Share Capital £100,000

SIC07 46410

Charity Number -

SIC07 Description Wholesale of textiles

Principal Activity Fabric retailers.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 10

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
28.02.2017	-	-	£1,356,991	-
29.02.2016	-	-	£1,064,952	-
28.02.2016	-	-	£1,001,337	-

Mortgage summary

Total Mortgage 10

Outstanding 3

Satisfied 7

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 Small company.

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		Function	Director
Name	Ahmed Ali Nasseri	Nationality	British
Date of Birth	09/1943	Present Appointments	1
Latest Address	6 Peninsula Heights, 93 Albert Embankment, London	Appointment Date	07/03/1992
Post Code	SE1 7TY
Title	Ms	Function	Director
Name	Patricia Nasseri	Nationality	British
Date of Birth	12/1966	Present Appointments	2
Latest Address	6 Peninsula Heights, 93 Albert Embankment, London	Appointment Date	30/04/2004
Post Code	SE1 7TY

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Patricia Nasseri	Nationality	British
Date of Birth	12/1966	Present Appointments	2
Latest Address	6 Peninsula Heights, 93 Albert Embankment, London	Appointment Date	30/04/2004
Post Code	SE1 7TY

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
AHMED ALI NASSERI	GBP	50,000	ORDINARY	1	50
PATRICIA NASSERI	GBP	50,000	ORDINARY	1	50

Profit & Loss

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Depreciation	£24,925	6%	£23,517	82.6%	£12,882	-31.6%	£18,832	6.2%	£17,732
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Tangible Assets	£1,104,494	-2%	£1,127,143	231.4%	£340,114	19.5%	£284,610	-1.8%	£289,955
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Fixed Assets	£1,104,494	-2%	£1,127,143	231.4%	£340,114	19.5%	£284,610	-1.8%	£289,955
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Stock	£486,989	-9.8%	£539,987	28.6%	£420,011	-40.6%	£706,955	0.2%	£705,455
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Trade Debtors	£15,810	53.5%	£10,297	-82.4%	£58,556	-74.6%	£230,476	-0.4%	£231,493
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Cash	£533,095	41.3%	£377,315	-19%	£465,607	205.5%	£152,409	-9.7%	£168,743
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Other Debtors	£34,700	-16.7%	£41,644	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Current Assets	£1,070,594	10.5%	£969,243	2.7%	£944,174	-13.4%	£1,089,840	-1.4%	£1,105,691
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Trade Creditors	£76,838	-40.2%	£128,490	-54.3%	£281,396	-47.1%	£532,200	5.8%	£503,240
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	£41,694	-56.5%	£95,776	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-100%	£1,555	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£328,737	40.8%	£233,463	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Current Liabilities	£447,269	-2.6%	£459,284	63.2%	£281,396	-47.1%	£532,200	5.8%	£503,240
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£412,522	-38.2%	£667,926	999.9%	£1,555	-70.6%	£5,285	-40.6%	£8,893
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£370,828	-35.2%	£572,150	999.9%	£1,555	-70.6%	£5,285	-40.6%	£8,893

Capital & Reserves

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Called Up Share Capital	£100,000	-	£100,000	-	£100,000	-	£100,000	-	£100,000
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	P & L Account Reserve	£1,022,403	40%	£730,364	15.4%	£632,972	15.1%	£549,835	-7.8%	£596,383
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Revaluation Reserve	£234,588	-	£234,588	-12.6%	£268,365	43.4%	£187,130	-	£187,130
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Shareholder Funds	£1,356,991	27.4%	£1,064,952	6.4%	£1,001,337	19.6%	£836,965	-5.3%	£883,513

Other Financial Items

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Net Worth	£1,356,991	27.4%	£1,064,952	6.4%	£1,001,337	19.6%	£836,965	-5.3%	£883,513
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Working Capital	£623,325	22.2%	£509,959	-23.1%	£662,778	18.9%	£557,640	-7.4%	£602,451
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Assets	£2,175,088	3.8%	£2,096,386	63.2%	£1,284,288	-6.6%	£1,374,450	-1.5%	£1,395,646
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Liabilities	£818,097	-20.7%	£1,031,434	264.5%	£282,951	-47.4%	£537,485	5%	£512,133
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Net Assets	£1,356,991	27.4%	£1,064,952	6.4%	£1,001,337	19.6%	£836,965	-5.3%	£883,513

Cash Flow

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	28/02/17	(%)	29/02/16	(%)	28/02/15	(%)	28/02/14	(%)	28/02/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Capital Employed	£1,727,819	5.5%	£1,637,102	63.2%	£1,002,892	19.1%	£842,250	-5.6%	£892,406
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	28/02/17	29/02/16	28/02/15	28/02/14	28/02/13
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Current ratio	2.39	2.11	3.36	2.05	2.20
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Gearing %	30.40	62.70	0.20	0.60	1
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Equity in %	62.40	50.80	78	60.90	63.30
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.30	0.93	1.86	0.71	0.79
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.32	0.43	0.28	0.63	0.56
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.60	0.96	0.28	0.64	0.57
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\NASSERI FABRICS LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

*Event History

Date	Description
12/03/2018	Confirmation Statement
05/12/2017	New Accounts Filed
05/12/2017	New Accounts Filed
09/03/2017	Annual Returns
02/11/2016	New Accounts Filed
13/03/2016	Annual Returns
25/11/2015	Payment Data Update Received
24/07/2015	New Accounts Filed
14/03/2015	Annual Returns
03/11/2014	New Accounts Filed
18/03/2014	Annual Returns
09/11/2013	New Accounts Filed
15/03/2013	Annual Returns
10/09/2012	New Accounts Filed
16/03/2012	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 StructureFull

No Group Structure

Mortgage Details

Mortgage Type:
Date Charge Created:	01/02/16
Date Charge Registered:	01/02/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	A LEGAL MORTGAGE OVER THE FREEHOLD PROPERTY KNOWN AS 38 ATLANTIC ROAD BRIXTON LONDON REGISTERED AT THE LAND REGISTRY WITH TITLE NUMBER SGL79228CONTAINS FIXED CHARGE.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	DEBENTURE
Date Charge Created:	29/06/11
Date Charge Registered:	01/07/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
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 CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	22/12/99
Date Charge Registered:	05/01/00
Date Charge Satisfied:	-
Status:	OUTSTANDING
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:	PRESTIGE HOUSE 3-4 BARHILL RD,LONDON SW2 4RJ WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENTDEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	18/12/99
Date Charge Registered:	23/12/99
Date Charge Satisfied:	04/11/15
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	THE FREEHOLD PROPERTY KNOWN AS 38 ATLANTIC ROAD, BRIXTON LONDON SW9 8JWWITH THE BENEFIT OF ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	29/07/99
Date Charge Registered:	19/08/99
Date Charge Satisfied:	12/11/15
Status:	SATISFIED
Person(s) Entitled:	MIDLAND BANK PLC;
Amount Secured:
Details:	F/H 2 BLACKSTOCK ROAD STOKE NEWINGTON LONDON N16WITH THE BENEFIT OF ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	30/11/92
Date Charge Registered:	18/12/92
Date Charge Satisfied:	10/07/98
Status:	SATISFIED
Person(s) Entitled:	CENTRAL LONDON RESIDENTIAL PROPERTIES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	3/4 BARRHILL LONDON SW2 T/NO.TGL69544 AND ALL PLANT MACHINERY AND OTHER FIXTURES AND GOODWILL OF THEBUSINESS (IF ANY) FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/07/91
Date Charge Registered:	29/07/91
Date Charge Satisfied:	06/10/01
Status:	SATISFIED
Person(s) Entitled:	MEGHRAJ BANK LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	2, BLACKSTOCK ROAD LONDON N4
Mortgage Type:	MORTGAGE DEBENTURE
Date Charge Created:	08/11/89
Date Charge Registered:	10/11/89
Date Charge Satisfied:	06/10/01
Status:	SATISFIED
Person(s) Entitled:	MEGHRAJ BANK LIMITED
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:	LEGAL CHARGE
Date Charge Created:	08/11/89
Date Charge Registered:	10/11/89
Date Charge Satisfied:	12/11/15
Status:	SATISFIED
Person(s) Entitled:	MEGHRAJ BANK LIMITED;
Amount Secured:
Details:	38 ATLANTIC ROAD BRIXTON T/N - SGL 79228 & GOODWILL OF THE BUSINESS (IF ANY).
Mortgage Type:	CHARGE OVER CREDIT BALANCE
Date Charge Created:	28/03/85
Date Charge Registered:	03/04/85
Date Charge Satisfied:	12/01/90
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	SECURING ALL MONEYS DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	ALL MONEYS FROM TIME TO TIME HELD TO THE CREDIT OF THE COMPANY BY NATIONAL WESTMINSTER BANK PLC ON ANY CURRENT DEPOSIT AND/OR OTHER ACCOUNT OR ACCOUNTS WHICH THE COMPANY MAY NOW AND/OR HEREAFTER HAVEWITH NATIONAL WESTMINSTER BANK PLC OR HELD BY THE BANK ON AN ACCOUNT OR ACCOUNTS EARMARKED RE THE COMPANY AND/OR UNDER ANY DEPOSIT RECEIPT.

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
CENTAUR SECRETARIES LIMITED	0			39	114
Kathleen Nasseri	0			2	0
Kathleen Nasseri	0			2	0
Total Persons With Significant Control		2	Total Statements			0
Active		2	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mrs Patricia Nasseri	Kind	Individual Person With Significant Control
Address	6 Peninsula Heights, 93 Albert Embankment, London	Country Of Residence	United Kingdom
Post Code	SE1 7TY	Nationality	British
Date of Birth	12/1966	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent
Name	Mr Ahmed Ali Nasseri	Kind	Individual Person With Significant Control
Address	6 Peninsula Heights, 93 Albert Embankment, London	Country Of Residence	United Kingdom
Post Code	SE1 7TY	Nationality	British
Date of Birth	09/1943	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 65.04
UK Pound	1	INR 90.55
Euro	1	INR 79.77
GBP	1	INR 91.53

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.