|
|
|
MIRA
INFORM REPORT
|
Report No. : |
506454 |
|
Report Date : |
02.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
FLB GROUP LIMITED |
|
|
|
|
Formerly Known As : |
CHARLES LETTS & CO LIMITED CHARLES LETTS (SCOTLAND) LIMITED |
|
|
|
|
Registered Office : |
Excel
House (4th Floor) 30 Semple Street Edinburgh Eh3 8bl |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
30.04.2017 |
|
|
|
|
Date of Incorporation : |
08.11.1909 |
|
|
|
|
Com. Reg. No.: |
SC007315 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Binding and related services. |
|
|
|
|
No. of Employees : |
258 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
United Kingdom |
A1 |
A1 |
|
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 : FLB
GROUP LIMITED
Company
No :
SC007315
Company
Status :
Active - Accounts Filed
Registered Address : EXCEL HOUSE
(4TH FLOOR)30 SEMPLE STREETEDINBURGHEH3 8BL
Company name and Summary
Registered Address EXCEL HOUSE (4TH
FLOOR)
30 SEMPLE STREET
EDINBURGH
EH3 8BL
Trading Address 4th Floor
Excel House
30 Semple Street
Edinburgh, Midlothian
EH3 8BL
Website
Address http://www.letts.co.uk
Telephone
Number -
Fax
Number
TPS -
FPS Yes
Incorporation
Date 08/11/1909
Previous
Name CHARLES LETTS &
CO LIMITED
Type Private limited with
Share Capital
FTSE
Index -
Date
of Change 10/02/2015
Filing
Date of Accounts 16/01/2018
Currency GBP
Share
Capital £784,000
SIC07 18140
Charity
Number -
SIC07
Description BINDING AND RELATED
SERVICES
Principal
Activity The publication of
diaries from origin to sale.
Additional Information
CCJ's 0 (£0)
No
CCJ Information To Display
Ultimate
Holding Company HSGP INVESTMENTS LTD
Accountant -
Mortgages 17
Trade
Debtors -
Group 27 companies
Linkages 7 companies
Countries In 4 countries
Key Financials
Year
to Date Turnover
Pre Tax Profit Shareholder's
Funds Employees
30/04/2017 £28,255,000 £1,927,000 £9,515,000 258
30/04/2016 £29,072,000 £1,329,000 £7,964,000 277
30/04/2015 £30,577,000 £1,926,000 £6,909,000 290
Mortgage Summary
Total
Mortgage 17
Outstanding 3
Satisfied 14
Trade Debtors / Bad Debt Summary
Total
Number of Documented Trade 5
Total
Value of Documented Trade £4,229
Commentary
|
This
company has been treated as a Large company in respect of the rating/limit
generated. |
|
This
company's return on total assets employed ratio indicates a highly efficient
use of assets. |
|
This
company has only made late payments on a low percentage of invoices. |
|
This
company's ratio of total liabilities to total assets indicates the presence
of moderate equity funding. |
|
The
company has more cash than short term bank borrowings. |
|
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 - |
- |
Current Directors
|
Title |
Mr |
Function |
Director |
|
Name |
Harolde
Michael Savoy |
Nationality |
|
|
Date
of Birth |
03/1959 |
Present
Appointments |
27 |
|
Latest
Address |
Flb
Group Ltd Thornybank Industrial Estate, Thornybank, Dalkeith, Midlothian |
Appointment
Date |
08/11/2013 |
|
Post
Code |
EH22
2NE |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Scott
Alexander Ness |
Nationality |
British |
|
Date
of Birth |
10/1962 |
Present
Appointments |
1 |
|
Latest
Address |
Excel
House (4th Floor) 30 Semple Street, Edinburgh |
Appointment
Date |
11/04/2016 |
|
Post
Code |
EH3
8BL |
||
|
Title |
Mr |
Function |
Director |
|
Name |
Claude
Belisle |
Nationality |
Canadian |
|
Date
of Birth |
01/1958 |
Present
Appointments |
1 |
|
Latest
Address |
Excel
House (4th Floor) 30 Semple Street, Edinburgh |
Appointment
Date |
11/04/2016 |
|
Post
Code |
EH3
8BL |
||
|
Title |
Miss |
Function |
Director |
|
Name |
Julia
Elsa Langhein |
Nationality |
British |
|
Date
of Birth |
10/1975 |
Present
Appointments |
1 |
|
Latest
Address |
Excel
House (4th Floor) 30 Semple Street, Edinburgh |
Appointment
Date |
11/04/2016 |
|
Post
Code |
EH3
8BL |
||
|
Title |
Mrs |
Function |
Director |
|
Name |
Susan
Spence Graham |
Nationality |
British |
|
Date
of Birth |
01/1970 |
Present
Appointments |
1 |
|
Latest
Address |
Excel
House (4th Floor) 30 Semple Street, Edinburgh |
Appointment
Date |
11/04/2016 |
|
Post
Code |
EH3
8BL |
||
Current Company Secretary
|
Title |
Function |
Company
Secretary |
|
|
Name |
MACROBERTS
CORPORATE SERVICES LIMITED |
Nationality |
British |
|
Date
of Birth |
- |
Present
Appointments |
76 |
|
Latest
Address |
Capella
Building (10th Floor) 60 York Street, Glasgow |
Appointment
Date |
15/05/2014 |
|
Post
Code |
G2
8JX |
Top Shareholders
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
%
of Total Share Count |
|
CHARLES
LETTS (HOLDINGS) LTD |
GBP |
784,000 |
ORDINARY |
1 |
100 |
Financial
Profit
& Loss
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
65 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated
A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£28,255,000 |
-2.8% |
£29,072,000 |
-4.9% |
£30,577,000 |
24.7% |
£24,520,000 |
12% |
£21,900,000 |
|
|
Export |
£9,317,000 |
-4.3% |
£9,740,000 |
-17.7% |
£11,839,000 |
89.7% |
£6,240,000 |
8.1% |
£5,771,000 |
|
|
Cost
of Sales |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Gross
Profit |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Wages
& Salaries |
£7,788,000 |
-13.2% |
£8,970,000 |
-6.1% |
£9,551,000 |
-13.5% |
£11,043,000 |
30.3% |
£8,476,000 |
|
|
Directors
Emoluments |
£436,000 |
-9.4% |
£481,000 |
-18.2% |
£588,000 |
- |
- |
- |
- |
|
|
Operating
Profit |
£2,368,000 |
8.1% |
£2,191,000 |
-24.9% |
£2,918,000 |
292.1% |
-£1,519,000 |
-999.9% |
£162,000 |
|
|
Depreciation |
£378,000 |
-0.3% |
£379,000 |
-10% |
£421,000 |
-24.4% |
£557,000 |
7.1% |
£520,000 |
|
|
Audit
Fees |
£64,000 |
6.7% |
£60,000 |
20% |
£50,000 |
127.3% |
£22,000 |
-18.5% |
£27,000 |
|
|
Interest
Payments |
£336,000 |
-31.4% |
£490,000 |
-5% |
£516,000 |
9.8% |
£470,000 |
999.9% |
£22,000 |
|
|
Pre
Tax Profit |
£1,927,000 |
45% |
£1,329,000 |
-31% |
£1,926,000 |
191.5% |
-£2,105,000 |
-999.9% |
-£73,000 |
|
|
Taxation |
-£376,000 |
-37.2% |
-£274,000 |
39.4% |
-£452,000 |
-212.4% |
£402,000 |
999.9% |
£29,000 |
|
|
Profit
After Tax |
£1,551,000 |
47% |
£1,055,000 |
-28.4% |
£1,474,000 |
186.6% |
-£1,703,000 |
-999.9% |
-£44,000 |
|
|
Dividends
Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Retained
Profit |
£1,551,000 |
47% |
£1,055,000 |
-28.4% |
£1,474,000 |
186.6% |
-£1,703,000 |
-999.9% |
-£44,000 |
Balance
Sheet
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
|
Tangible
Assets |
£7,555,000 |
0.8% |
£7,494,000 |
0.9% |
£7,426,000 |
-40.5% |
£12,488,000 |
-47.7% |
£23,870,000 |
|
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£30,000 |
|
|
Total
Fixed Assets |
£7,555,000 |
0.8% |
£7,494,000 |
0.9% |
£7,426,000 |
-40.5% |
£12,488,000 |
-47.7% |
£23,900,000 |
|
|
Stock |
£6,696,000 |
-17% |
£8,063,000 |
1.9% |
£7,911,000 |
12.8% |
£7,016,000 |
131.4% |
£3,032,000 |
|
|
Trade
Debtors |
£724,000 |
-56% |
£1,645,000 |
-19.4% |
£2,042,000 |
-17.3% |
£2,469,000 |
28.6% |
£1,920,000 |
|
|
Cash |
£1,550,000 |
999.9% |
£91,000 |
-82.1% |
£509,000 |
31.9% |
£386,000 |
999.9% |
£8,000 |
|
|
Other
Debtors |
£9,577,000 |
16.4% |
£8,231,000 |
48.5% |
£5,544,000 |
587% |
£807,000 |
153% |
£319,000 |
|
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Current Assets |
£18,547,000 |
2.9% |
£18,030,000 |
12.6% |
£16,006,000 |
49.9% |
£10,678,000 |
102.3% |
£5,279,000 |
|
|
Trade
Creditors |
£2,177,000 |
3% |
£2,113,000 |
-26.6% |
£2,880,000 |
34.2% |
£2,146,000 |
-8.3% |
£2,339,000 |
|
|
Bank
Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£87,000 |
|
|
Other
Short Term Finance |
£12,285,000 |
-9.7% |
£13,606,000 |
16.2% |
£11,705,000 |
-15.4% |
£13,834,000 |
- |
0 |
|
|
Miscellaneous
Current Liabilities |
£2,044,000 |
14.8% |
£1,781,000 |
-7.6% |
£1,928,000 |
13.1% |
£1,705,000 |
-15.6% |
£2,019,000 |
|
|
Total
Current Liabilities |
£16,506,000 |
-5.7% |
£17,500,000 |
6% |
£16,513,000 |
-6.6% |
£17,685,000 |
297.9% |
£4,445,000 |
|
|
Bank
Loans & Overdrafts and LTL |
£81,000 |
35% |
£60,000 |
500% |
£10,000 |
- |
0 |
-100% |
£17,448,000 |
|
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
£17,144,000 |
|
|
Total
Long Term Liabilities |
£81,000 |
35% |
£60,000 |
500% |
£10,000 |
- |
0 |
-100% |
£17,361,000 |
.
Capital
& Reserves
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
|
Called
Up Share Capital |
£784,000 |
- |
£784,000 |
- |
£784,000 |
- |
£784,000 |
- |
£784,000 |
|
|
P
& L Account Reserve |
£8,731,000 |
21.6% |
£7,180,000 |
17.2% |
£6,125,000 |
34.2% |
£4,564,000 |
-27.2% |
£6,267,000 |
|
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry
Reserves |
- |
- |
- |
- |
- |
-100% |
£133,000 |
-58.7% |
£322,000 |
|
|
Shareholder
Funds |
£9,515,000 |
19.5% |
£7,964,000 |
15.3% |
£6,909,000 |
26.1% |
£5,481,000 |
-25.7% |
£7,373,000 |
Other
Financial Items
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
|
Net
Worth |
£9,515,000 |
19.5% |
£7,964,000 |
15.3% |
£6,909,000 |
26.1% |
£5,481,000 |
-25.4% |
£7,343,000 |
|
|
Working
Capital |
£2,041,000 |
285.1% |
£530,000 |
204.5% |
-£507,000 |
92.8% |
-£7,007,000 |
-940.2% |
£834,000 |
|
|
Total
Assets |
£26,102,000 |
2.3% |
£25,524,000 |
8.9% |
£23,432,000 |
1.1% |
£23,166,000 |
-20.6% |
£29,179,000 |
|
|
Total
Liabilities |
£16,587,000 |
-5.5% |
£17,560,000 |
6.3% |
£16,523,000 |
-6.6% |
£17,685,000 |
-18.9% |
£21,806,000 |
|
|
Net
Assets |
£9,515,000 |
19.5% |
£7,964,000 |
15.3% |
£6,909,000 |
26.1% |
£5,481,000 |
-25.7% |
£7,373,000 |
Cash
Flow
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
|
Net
Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net
Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net
Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Increase
in Cash |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Miscellaneous
|
Date
Of Accounts |
30/04/17 |
(%) |
30/04/16 |
(%) |
30/04/15 |
(%) |
30/04/14 |
(%) |
31/01/13 |
|
|
Contingent
Liability |
YES |
- |
YES |
- |
YES |
- |
YES |
- |
YES |
|
|
|
Capital
Employed |
£9,596,000 |
19.6% |
£8,024,000 |
16% |
£6,919,000 |
26.2% |
£5,481,000 |
-77.8% |
£24,734,000 |
|
|
Number
of Employees |
258 |
-6.9% |
277 |
-4.5% |
290 |
2.1% |
284 |
3.6% |
274 |
|
Accountants |
||||||||||
|
Auditors |
PRICEWATERHOUSECOOPERS
LLP |
|||||||||
|
Auditor
Comments |
The
audit report contains no adverse comments |
|||||||||
|
Bankers |
ROYAL
BANK OF SCOTLAND(IOM)LTD |
|||||||||
|
Bank
Branch Code |
83-06-08 |
|||||||||
Ratios
|
Date
Of Accounts |
30/04/17 |
30/04/16 |
30/04/15 |
30/04/14 |
31/01/13 |
|
|
|
Pre-tax
profit margin % |
6.82 |
4.57 |
6.30 |
-8.58 |
-0.33 |
|
|
Current
ratio |
1.12 |
1.03 |
0.97 |
0.60 |
1.19 |
|
|
Sales/Net
Working Capital |
13.84 |
54.85 |
-60.31 |
-3.50 |
26.26 |
|
|
Gearing
% |
0.90 |
0.80 |
0.10 |
0 |
236.60 |
|
|
Equity
in % |
36.50 |
31.20 |
29.50 |
23.70 |
25.30 |
|
|
Creditor
Days |
28.04 |
26.45 |
34.28 |
39.82 |
38.87 |
|
|
Debtor
Days |
9.32 |
20.59 |
24.30 |
45.81 |
31.91 |
|
|
Liquidity/Acid
Test |
0.71 |
0.56 |
0.49 |
0.20 |
0.50 |
|
|
Return
On Capital Employed % |
20.08 |
16.56 |
27.83 |
-38.40 |
-0.29 |
|
|
Return
On Total Assets Employed % |
7.38 |
5.20 |
8.21 |
-9.08 |
-0.25 |
|
|
Current
Debt Ratio |
1.73 |
2.19 |
2.39 |
3.22 |
0.60 |
|
|
Total
Debt Ratio |
1.74 |
2.20 |
2.39 |
3.22 |
2.95 |
|
|
Stock
Turnover Ratio % |
23.69 |
27.73 |
25.87 |
28.61 |
13.84 |
|
|
Return
on Net Assets Employed % |
20.25 |
16.68 |
27.87 |
-38.40 |
-0.99 |
Report
Notes
|
There
are no notes to display. |
Status
History
|
No
Status History found |
*Event History
|
Date |
Description |
|
17/04/2018 |
Payment
Data Update Received |
|
10/04/2018 |
Payment
Data Update Received |
|
24/02/2018 |
Payment
Data Update Received |
|
09/02/2018 |
Payment
Data Update Received |
|
20/01/2018 |
Payment
Data Update Received |
|
19/01/2018 |
New
Accounts Filed |
|
22/11/2017 |
Confirmation
Statement |
|
11/04/2017 |
Payment
Data Update Received |
|
07/04/2017 |
Payment
Data Update Received |
|
22/03/2017 |
Payment
Data Update Received |
|
24/01/2017 |
New
Accounts Filed |
|
24/01/2017 |
New
Accounts Filed |
|
06/01/2017 |
Payment
Data Update Received |
|
04/12/2016 |
Payment
Data Update Received |
|
02/12/2016 |
Payment
Data Update Received |
Previous Company Names
|
Date |
Previous
Name |
|
10/02/2015 |
CHARLES
LETTS & CO LIMITED |
|
20/06/1994 |
CHARLES
LETTS (SCOTLAND) LIMITED |
Writ
Details
|
No
writs found |
Statistics
|
Group |
27
companies |
|
Linkages |
7
companies |
|
Countries |
In
4 countries |
Summary
|
Holding
Company |
CHARLES
LETTS (HOLDINGS) LIMITED |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
HSGP
INVESTMENTS LTD |
Group StructureFull
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
SC447357 |
30.04.2017 |
Y |
£31,246,000 |
|
|
SC295049 |
30.04.2017 |
Y |
£31,246,000 |
|
|
SC304477 |
30.04.2017 |
N |
£394,000 |
|
|
SC206359 |
30.04.2017 |
N |
|
|
|
00175064 |
30.04.2017 |
N |
|
|
|
00596813 |
30.04.2015 |
N |
|
|
|
00639693 |
30.04.2015 |
N |
|
|
|
00284373 |
30.04.2015 |
N |
|
|
|
00209240 |
30.04.2015 |
N |
|
|
|
01239536 |
30.04.2015 |
N |
|
|
|
01891062 |
30.04.2017 |
N |
|
|
|
02268439 |
30.04.2015 |
N |
|
|
|
02741286 |
30.04.2017 |
N |
|
|
|
03751485 |
30.04.2017 |
N |
|
|
|
01764831 |
30.04.2015 |
N |
|
|
|
00461762 |
30.04.2015 |
N |
|
|
|
01762429 |
30.04.2015 |
N |
|
|
|
04163587 |
30.04.2015 |
N |
|
|
|
03309833 |
30.04.2015 |
N |
|
|
|
SC147317 |
30.04.2017 |
N |
|
|
|
00386906 |
30.04.2017 |
N |
|
|
|
01075794 |
30.04.2015 |
N |
|
|
|
SC022361 |
30.04.2015 |
N |
|
|
|
SC007315 |
30.04.2017 |
N |
£28,255,000 |
|
|
02717816 |
30.04.2017 |
N |
|
|
|
00401884 |
30.04.2017 |
N |
|
|
|
00446557 |
30.04.2017 |
N |
Other Linked Companies
|
Name |
Number |
Latest
Key Financials |
Turnover |
|
ELIJO
LIMITED |
02690189 |
30.04.2015 |
|
|
FILOFAX
GMBH |
HRB
4096 |
30.04.2016 |
|
|
FILOFAX
AB |
5564711199 |
30.04.2017 |
|
|
ELIJO
(LONDON) LIMITED |
00502562 |
30.04.2015 |
|
|
BAYBOND
LIMITED |
02364396 |
30.04.2015 |
|
|
DRAKEPLAN
LIMITED |
03226778 |
30.04.2015 |
|
|
FILOFAX |
- |
$7,888,000 |
Mortgage Details
|
Mortgage
Type: |
|||
|
Date
Charge Created: |
19/04/13 |
||
|
Date
Charge Registered: |
30/04/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
THE
ROYAL BANK OF SCOTLAND PLC; |
||
|
Amount
Secured: |
|||
|
Details: |
CONTAINS
FIXED CHARGE.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage
Type: |
|||
|
Date
Charge Created: |
19/04/13 |
||
|
Date
Charge Registered: |
25/04/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
PNC
FINANCIAL SERVICES UK LTD; |
||
|
Amount
Secured: |
|||
|
Details: |
ANY
PATENTS, TRADEMARKS, SERVICE MARKS,DESIGNS, BUSINESS NAMES, COPYRIGHTS,
DESIGN RIGHTS, MORAL RIGHTS, INVENTIONS...SEE FORM FOR FURTHER
DETAILSCONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.NOTIFICATION OF
ADDITION TO OR AMENDMENT OF CHARGE. |
||
|
Mortgage
Type: |
|||
|
Date
Charge Created: |
19/04/13 |
||
|
Date
Charge Registered: |
04/05/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s)
Entitled: |
PNC
BUSINESS CREDIT A TRADING STYLE OF PNC FINANCIAL SERVICES UK LTD; |
||
|
Amount
Secured: |
|||
|
Details: |
CONTAINS
FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKINGOF THE
COMPANY.NOTIFICATION OF ADDITIONTO OR AMENDMENT OF CHARGE. |
||
|
Mortgage
Type: |
FLOATING
CHARGE |
||
|
Date
Charge Created: |
09/03/06 |
||
|
Date
Charge Registered: |
12/10/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
THE
ROYAL BANK OF SCOTLAND PLC; |
||
|
Amount
Secured: |
|||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
FLOATING
CHARGE |
||
|
Date
Charge Created: |
09/03/06 |
||
|
Date
Charge Registered: |
12/10/13 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
THE
ROYAL BANK OF SCOTLAND PLC; |
||
|
Amount
Secured: |
|||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
FLOATING
CHARGE |
||
|
Date
Charge Created: |
10/08/00 |
||
|
Date
Charge Registered: |
14/08/00 |
||
|
Date
Charge Satisfied: |
18/03/06 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
THE
GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
BOND
& FLOATING CHARGE |
||
|
Date
Charge Created: |
20/12/93 |
||
|
Date
Charge Registered: |
31/12/93 |
||
|
Date
Charge Satisfied: |
18/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
CHARLES
LETTS GROUP LIMITED |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
20/12/93 |
||
|
Date
Charge Registered: |
31/12/93 |
||
|
Date
Charge Satisfied: |
11/10/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
CHARLES
LETTS GROUP LIMITED |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE BY THE COM |
||
|
Details: |
ALL
FREEHOLD & LEASEHOLD PROPERTY, PLANT , MACHINERY ETC SEE COMPANIES HOUSE
MICROFICHE |
||
|
Mortgage
Type: |
DEBENTURE |
||
|
Date
Charge Created: |
31/03/92 |
||
|
Date
Charge Registered: |
21/04/92 |
||
|
Date
Charge Satisfied: |
11/10/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HAMBROS
BANK LTD |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
BOND
& FLOATING CHARGE |
||
|
Date
Charge Created: |
31/03/92 |
||
|
Date
Charge Registered: |
21/04/92 |
||
|
Date
Charge Satisfied: |
28/06/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HAMBROS
BANK LIMITED |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
CHARGE |
||
|
Date
Charge Created: |
31/03/92 |
||
|
Date
Charge Registered: |
21/04/92 |
||
|
Date
Charge Satisfied: |
11/10/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HAMBROS
BANK LIMITED |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
A.
ALL RIGHT TITLE AND INTEREST OF THE COMPANY.B. ALL BOOK DEBTS AND OTHER DEBTS
THE SUBECT OF THE CHARGED DEEDS AS AND WHEN SHALL BECOME DUE OR OWING TO THE
COMPANY UPON RE-VESTING IN THE COMPANY WHETHER PURSUANT TO THE CHARGED DEEDS
OR OTHERWISE |
||
|
Mortgage
Type: |
STANDARD
SECURITY |
||
|
Date
Charge Created: |
08/04/92 |
||
|
Date
Charge Registered: |
21/04/92 |
||
|
Date
Charge Satisfied: |
11/10/99 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
HAMBROS
BANK LIMITED |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
6
ACRES AND 4 DECIMAL AT THORNYBANK INDUSTRIAL ESTATE, THORNYBANK, NEAR
DALKEITH AS RELATIVE TO DISPOSITION BY THE COUNTY COUNCIL IN FAVOUR OF THE
COMPANY RECORDED GRS 280665. |
||
|
Mortgage
Type: |
FLOATING
CHARGE |
||
|
Date
Charge Created: |
28/02/89 |
||
|
Date
Charge Registered: |
17/03/89 |
||
|
Date
Charge Satisfied: |
26/05/92 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
MIDLAND
BANK PLC |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
FLOATING
CHARGE |
||
|
Date
Charge Created: |
25/01/89 |
||
|
Date
Charge Registered: |
01/02/89 |
||
|
Date
Charge Satisfied: |
08/05/90 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
MIDLAND
BANK PLC |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
UNDERTAKING
AND ALL PROPERTY AND ASSETSPRESENT AND FUTURE OF THE COMPANY INCLUDING
UNCALLED CAPITAL |
||
|
Mortgage
Type: |
STANDARD
SECURITY |
||
|
Date
Charge Created: |
31/01/89 |
||
|
Date
Charge Registered: |
01/02/89 |
||
|
Date
Charge Satisfied: |
29/04/92 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
MIDLAND
BANK PLC |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
6.4
AND 12.16 ACRES OF GROUND AT THORNYBANK INDUSTRIAL ESTATE, DALKEITH |
||
|
Mortgage
Type: |
STANDARD
SECURITY |
||
|
Date
Charge Created: |
04/02/88 |
||
|
Date
Charge Registered: |
19/02/88 |
||
|
Date
Charge Satisfied: |
25/04/89 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
INVESTORS
IN INDUSTRY PLC |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
FACTORY
PREMISES AT THORNYBANK INDUSTRIAL ESTATE, THORNYBANK, NEAR DALKEITH |
||
|
Mortgage
Type: |
STANDARD
SECURITY |
||
|
Date
Charge Created: |
04/02/88 |
||
|
Date
Charge Registered: |
18/02/88 |
||
|
Date
Charge Satisfied: |
25/04/89 |
||
|
Status: |
SATISFIED |
||
|
Person(s)
Entitled: |
NATIONAL
WESTMINSTER BANK PLC |
||
|
Amount
Secured: |
ALL
SUMS DUE OR TO BECOME DUE |
||
|
Details: |
6.4
& 12.16 ACRES OF GROUND AT THORNYBANK INDUSTRIAL ESTATE, DALKEITH |
||
Creditor Details
|
Total Number |
Total Value |
|
|
Trade
Creditors |
0 |
- |
|
No
Creditor Data |
||
Trade Debtors / Bad Debt Detail
|
Total Number of Documented Trade |
Total Value of Documented Trade |
||
|
Trade
Debtors |
5 |
£4,229 |
|
|
Company
Name |
Amount |
Statement
Date |
|
|
Panache
Promotions Ltd |
£1,773 |
01/03/2011 |
|
|
Webster's
Pens Ltd |
£1,051 |
08/09/2015 |
|
|
Robertson
Scaffolding Ltd |
£736 |
14/03/2011 |
|
|
Get
Carter Express Freight Limited |
£383 |
16/09/2013 |
|
|
Roundhouse
Computers Ltd |
£286 |
22/05/2013 |
|
Previous Director/Company Secretaries
|
Name |
Current
Active Appointments |
Previous
Appointments |
Dissolved
Companies |
|||
|
Timothy
Reginald Letts |
2 |
6 |
1 |
|||
|
John
Martin Letts |
0 |
6 |
2 |
|||
|
William
Joseph Swords |
0 |
2 |
3 |
|||
|
Norman
Edward Mcquat Cuthbertson |
0 |
1 |
0 |
|||
|
Richard
Harrison |
0 |
43 |
42 |
|||
|
Richard
Harrison |
0 |
43 |
42 |
|||
|
David
James Watts |
0 |
2 |
0 |
|||
|
Keith
Taylor |
0 |
8 |
0 |
|||
|
Frederick
James Moore |
0 |
1 |
0 |
|||
|
Graham
James Bennington |
0 |
20 |
11 |
|||
|
Anthony
Ashworth Letts |
0 |
14 |
10 |
|||
|
Gordon
James Donald Raw |
2 |
38 |
19 |
|||
|
Peter
John Casben |
0 |
13 |
8 |
|||
|
Peter
John Casben |
0 |
13 |
8 |
|||
|
John
Julian Davison |
0 |
8 |
2 |
|||
|
DM
COMPANY SERVICES LIMITED |
75 |
188 |
225 |
|||
|
Reginald
David Hall |
0 |
1 |
3 |
|||
|
Gordon
Andrew Presly |
0 |
27 |
5 |
|||
|
William
Hornby Gore |
10 |
22 |
54 |
|||
|
William
Joseph Swords |
3 |
5 |
9 |
|||
|
Stephen
Rodger Gavin Booth |
0 |
26 |
20 |
|||
|
Total
Persons With Significant Control |
1 |
Total
Statements |
0 |
|||
|
Active |
1 |
Active |
0 |
|||
|
Ceased |
0 |
Ceased |
0 |
|||
Active Persons With Significant Control
|
Name |
Charles
Letts (Holdings) Limited |
Kind |
Corporate
Entity With Significant Control |
||
|
Address |
21
Perrymount Road, Haywards Heath, West Sussex |
Notified
On |
06/04/2016 |
||
|
Post
Code |
RH16
3TP |
Legal
Form |
Private
Company Limited By Shares |
||
|
Authority |
Companies
Act 2006 |
Place
Registered |
- |
||
|
Country
Registered |
- |
Registration
Number |
- |
||
|
Nature
Of Control |
Ownership
Of Shares 75 To 100 Percent,Voting Rights 75 To 100 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 |
|
|
Average
Invoice Value |
£3851.30 |
|
Invoices
available |
437 |
|
Paid |
419 |
|
Outstanding |
18 |
|
Trade
Payment Data is information that we collect from selected third party
partners who send us information about their whole sales ledger. |
|
Within
Terms |
0-30
Days |
31-60
Days |
61-90
Days |
91+
Days |
|
|
Paid |
148 |
234 |
35 |
2 |
0 |
|
Outstanding |
12 |
3 |
3 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.78 |
|
|
1 |
INR 92.89 |
|
Euro |
1 |
INR 80.74 |
|
GBP |
1 |
INR 90.69 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
DNS |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.