Company Summary

Additional Information

Key Financials

Mortgage summary

Trade debtors / bad debt summary

Commentary

CCJ

Current Directors

Current Company Secretary

Top Shareholders

Profit & Loss

Balance Sheet

Capital & Reserves

Other Financial Items

Cash Flow

Miscellaneous

Ratios

Event History

Previous Company Names

Mortgage Details

Previous Director/Company Secretaries

Active Persons With Significant Control

MIRA INFORM REPORT

3decades

Report No. :	498882
Report Date :	20.03.2018

IDENTIFICATION DETAILS

Name :	THERMOREG INTERNATIONAL LIMITED

Formerly Known As :	THERMOREG PRODUCTS LIMITED

Registered Office :	The Forge Cottage 2 High Street, Mildenhall, Bury St Edmunds, IP28 7EJ

Country :	United Kingdom

Financials (as on) :	31.10.2016

Date of Incorporation :	12.09.1979

Com. Reg. No.:	01448114

Legal Form :	Private Limited with Share Capital

Line of Business :	Manufacture of Taps and Valves

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

Registered Address

The Forge Cottage 2 High Street
Mildenhall
Bury St Edmunds
IP28 7EJ

Trading Address

The Forge Cottage
2 High Street
Mildenhall
Bury St. Edmunds, Suffolk
IP28 7EJ

Trading Address

22 Chiswick Avenue, Bury St

Edmunds, Suffolk, IP28 7AY

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

Company Number 01448114

Telephone Number -

Fax Number -

TPS -

FPS Yes

Incorporation Date 12/09/1979

Previous Name THERMOREG PRODUCTS LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 20/05/2015

Filing Date of Accounts 05/06/2017

Currency GBP

Share Capital £5,000

SIC07 28140

Charity Number -

SIC07 Description Manufacture of taps and valves

Principal Activity -

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 3

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.10.2016	-	-	£583,061	-
31.10.2015	-	-	£588,150	-
31.10.2014	-	-	£506,302	-

Total Mortgage 3

Outstanding 3

Satisfied 0

Total Number of Documented Trade 0

Total Value of Documented Trade £0

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.

This company trades in an industry with a moderate level of corporate failures.

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	1	Total Person's With Significant Control	1

Title	Mr	Function	Director
Name	Dennis George William Smith	Nationality	British
Date of Birth	01/1931	Present Appointments	1
Latest Address	12 Ryefields, New Green, Thurston, Bury St Edmunds, Suffolk	Appointment Date	11/07/1991
Post Code	IP31 3TD
Title	Mrs	Function	Director
Name	Abigail Kay Bacchus Chapman	Nationality	British
Date of Birth	02/1979	Present Appointments	1
Latest Address	The Forge Cottage 2 High Street, Mildenhall, Bury St Edmunds, Suffolk	Appointment Date	16/06/2016
Post Code	IP28 7EJ

Title	Ms	Function	Company Secretary
Name	Abigail Kay Bacchus Chapman	Nationality	British
Date of Birth	-	Present Appointments	1
Latest Address	7 Appledown Drive, Bury St. Edmunds, Suffolk	Appointment Date	29/09/2000
Post Code	IP32 7HG

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
DENNIS GEORGE WILLIAM SMITH	GBP	5,000	ORDINARY	1	100

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Depreciation	£28,034	1.4%	£27,650	-	-	-	£14,606	-7%	£15,703
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Tangible Assets	£354,163	4.7%	£338,381	14.9%	£294,560	-0.8%	£296,900	1.4%	£292,937
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Fixed Assets	£354,163	4.7%	£338,381	14.9%	£294,560	-0.8%	£296,900	1.4%	£292,937
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Stock	£236,385	9.8%	£215,260	1.3%	£212,400	7%	£198,512	-3.8%	£206,366
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Trade Debtors	£238,797	39.2%	£171,591	9.3%	£157,060	8.9%	£144,221	67.6%	£86,065
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Cash	£74,951	13%	£66,320	192.1%	£22,708	999.9%	£1,015	-75.9%	£4,219
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Current Assets	£550,133	21.4%	£453,171	15.6%	£392,168	14.1%	£343,748	15.9%	£296,650
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Trade Creditors	£274,102	98.6%	£138,018	-9.6%	£152,616	-23.4%	£199,126	20%	£165,956
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Current Liabilities	£274,102	98.6%	£138,018	-9.6%	£152,616	-23.4%	£199,126	20%	£165,956
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£47,133	-27.9%	£65,384	135.1%	£27,810	-36.5%	£43,823	-18.1%	£53,514
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£47,133	-27.9%	£65,384	135.1%	£27,810	-36.5%	£43,823	-18.1%	£53,514

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Called Up Share Capital	£5,000	-	£5,000	-	£5,000	-	£5,000	-	£5,000
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	P & L Account Reserve	£578,061	-0.9%	£583,150	16.3%	£501,302	27.7%	£392,699	7.6%	£365,117
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Shareholder Funds	£583,061	-0.9%	£588,150	16.2%	£506,302	27.3%	£397,699	7.5%	£370,117

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Net Worth	£583,061	-0.9%	£588,150	16.2%	£506,302	27.3%	£397,699	7.5%	£370,117
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Working Capital	£276,031	-12.4%	£315,153	31.6%	£239,552	65.6%	£144,622	10.7%	£130,694
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Assets	£904,296	14.2%	£791,552	15.3%	£686,728	7.2%	£640,648	8.7%	£589,587
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Liabilities	£321,235	57.9%	£203,402	12.7%	£180,426	-25.7%	£242,949	10.7%	£219,470
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Net Assets	£583,061	-0.9%	£588,150	16.2%	£506,302	27.3%	£397,699	7.5%	£370,117

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Capital Employed	£630,194	-3.6%	£653,534	22.4%	£534,112	21%	£441,522	4.2%	£423,631
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code

	Date Of Accounts	31/10/16	31/10/15	31/10/14	31/10/13	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Current ratio	2.01	3.28	2.57	1.73	1.79
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Gearing %	8.10	11.10	5.50	11	14.50
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Equity in %	64.50	74.30	73.70	62.10	62.80
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.14	1.72	1.17	0.72	0.54
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.47	0.23	0.30	0.50	0.44
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.55	0.34	0.35	0.61	0.59
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\THERMOREG INTERNATIONAL LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Date	Description
10/10/2017	Payment Data Update Received
17/07/2017	Confirmation Statement
16/06/2017	New Accounts Filed
24/07/2016	Annual Returns
15/07/2016	New Accounts Filed
15/07/2016	New Accounts Filed
07/07/2016	New Board Member Mrs A.K. Chapman appointed
19/04/2016	Payment Data Update Received
02/08/2015	Annual Returns
07/07/2015	New Accounts Filed
22/05/2015	Change of Name
25/07/2014	Annual Returns
13/06/2014	New Accounts Filed
20/07/2013	Annual Returns
07/06/2013	New Accounts Filed

Date	Previous Name
20/05/2015	THERMOREG PRODUCTS LIMITED
24/05/1983	EROS CONTROLS LIMITED

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 Type:	LEGAL CHARGE
Date Charge Created:	28/07/06
Date Charge Registered:	01/08/06
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	PREMISES AT CHISWICK ROAD MILDENHALL SUFFOLK BY WAY OF FIXED CHARGE THE BENEFIT OF ALL COVENANTS ANDRIGHTS CONCERNING THE PROPERTY AND PLANT MACHINERY FIXTURES FITTINGS FURNITURE EQUIPMENT IMPLEMENTSAND UTENSILS THE GOODWILL OF ANY BUSINESS CARRIED ON AT THE PROPERTY AND THE PROCEEDS OF ANY INSURANCE AFFECTING THE PROPERTY OR ASSETS
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	30/11/94
Date Charge Registered:	06/12/94
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H-UNITS 5 AND 6 MERLIN PARK FRED DANNATT ROAD MILDENHALL SUFFOLK AND/OR THE PROCEEDS OF SALE THEREOF FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT ANDAN ASSIGNMENT OF THEGOODWILL AND CONNECTION OF ANY BUSINESSTOGETHER WITH THE FULL BENEFIT OF ALL LICENCES

Mortgage Type:	DEBENTURE
Date Charge Created:	01/05/90
Date Charge Registered:	08/05/90
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	A SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTIES AND/OR THE PROCEEDS OF SALE THEREOF FIXED AND FLOATING CHARGES OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS AND THE BENEFITS OF ANY LICENCES

Current Active Appointments

Previous Appointments

Dissolved Companies

Eileen Eunice Bacchus Smith

Total Persons With Significant Control

Total Statements

Active

Active

Ceased

Ceased

Name	Mr Dennis George William Smith	Kind	Individual Person With Significant Control
Address	The Forge Cottage 2 High Street, Mildenhall, Bury St Edmunds, Suffolk	Country Of Residence	England
Post Code	IP28 7EJ	Nationality	British
Date of Birth	01/1931	Notified On	06/04/2016
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

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 :	PRA

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)

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