MIRA INFORM REPORT

 

 

Report No. :

506776

Report Date :

04.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

NORTHWEST INDUSTRY CO., LTD.

 

 

Registered Office :

Chase Business Centre, 39-41 Chase Side London N14 5bp

 

 

Country :

United Kingdom

 

 

Date of Incorporation :

26.01.2018

 

 

Com. Reg. No.:

11172976

 

 

Legal Form :

Private Limited with Share Capital

 

 

Line of Business :

Dormant Company

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

D

 

Credit Rating

Explanation

 

Rating Comments

D

High Risk

Business dealing not recommended or on secured terms only

 

 

Status :

Dormant  

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

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:                       NORTHWEST INDUSTRY CO., LTD.

Company No:                            11172976

Company Status:                      Company not trading

Registered Address:                  CHASE BUSINESS CENTRE39-41 CHASE SIDELONDONN14 5BP

 

 

COMPANY SUMMARY

 

Registered Address                   CHASE BUSINESS CENTRE, 39-41 CHASE SIDE LONDON N14 5BP

Trading Address                        Chase Business Centre, 39-41 Chase Side, London N14 5BP N14 5BP

Website Address                       --

Telephone Number                    --

Fax Number                              --

TPS                                          --

FPS                                          Yes

Incorporation Date                     26/01/2018

Previous Name                          --

Type                                         Private limited with Share Capital

FTSE Index                               --

Date of Change                         --

Filing Date of Accounts                         --

Currency                                   GBP

Share Capital                            £10,000

SIC07                                       99999

Charity Number                         --

SIC07 Description                     DORMANT COMPANY

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

 

No Key Financials Information To Display

 

 

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

 

No comments to display

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

 

Total Current Directors

1

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

0

Total Person's With Significant Control

1

 

 

Current Directors

 

Title

Ms

Function

Director

Name

Ling Wu

Nationality

Chinese

Date of Birth

11/1985

Present Appointments

1

Latest Address

Lou 102, Jingnengtianxiachuan Tianping Street, Hel, Xingqing Dist., Yinchuan City, Ning

Appointment Date

26/01/2018

Post Code

000000

 

 

Current Company Secretary

 

Title

Function

Company Secretary

Name

UK INT'L COMPANY SERVICE LTD

Nationality

Date of Birth

-

Present Appointments

1007

Latest Address

Chase Business Centre 39-41 Chase Side, London

Appointment Date

26/01/2018

Post Code

N14 5BP

 

 

Top Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

LING WU

GBP

10,000

ORDINARY

1

100

 

 

FINANCIALS

 

PROFIT & LOSS

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Weeks

-

(%)

-

(%)

-

(%)

-

(%)

-

Currency

-

(%)

-

(%)

-

(%)

-

(%)

-

Consolidated A/cs

-

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Turnover

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Export

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Cost of Sales

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Gross Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Wages & Salaries

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Directors Emoluments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Operating Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Depreciation

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Audit Fees

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Interest Payments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Taxation

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Profit After Tax

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Retained Profit

-

-

-

-

-

-

-

-

-

 

 

BALANCE SHEET

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Tangible Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Intangible Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Fixed Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Stock

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Trade Debtors

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Cash

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Other Debtors

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Miscellaneous Current Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Current Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Trade Creditors

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Bank Loans & Overdrafts

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Other Short Term Finance

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Miscellaneous Current Liabilities

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Current Liabilities

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Bank Loans & Overdrafts and LTL

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Other Long Term Finance

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Long Term Liabilities

-

-

-

-

-

-

-

-

-

 

 

CAPITAL & RESERVES

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Called Up Share Capital

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

P & L Account Reserve

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Sundry Reserves

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Shareholder Funds

-

-

-

-

-

-

-

-

-

 

 

OTHER FINANCIAL ITEMS

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Net Worth

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Working Capital

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Assets

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Liabilities

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Net Assets

-

-

-

-

-

-

-

-

-

 

 

CASH FLOW

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Net Cashflow from Operations

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Net Cashflow before Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Increase in Cash

-

-

-

-

-

-

-

-

-

 

 

MISCELLANEOUS

 

Date Of Accounts

-

(%)

-

(%)

-

(%)

-

(%)

-

Contingent Liability

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Capital Employed

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Number of Employees

-

-

-

-

-

-

-

-

-

Accountants

-

Auditors

-

Auditor Comments

-

Bankers

-

Bank Branch Code

-

 

RATIOS

 

 

Date Of Accounts

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Pre-tax profit margin %

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Current ratio

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Sales/Net Working Capital

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Gearing %

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Equity in %

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Creditor Days

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Debtor Days

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Liquidity/Acid Test

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Return On Capital Employed %

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Return On Total Assets Employed %

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Current Debt Ratio

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Total Debt Ratio

-

-

-

-

-

Description: \\vivek-pc\e\506776_files\barchart-grey.png

Stock Turnover Ratio %

-

-

-

-

-

Description: \\vivek-pc\e\506776_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

13/02/2018

New Company Secretary UK YIRENJIAREN BIZ CENTRE LIMITED appointed

30/01/2018

Confirmation Statement

30/01/2018

New Board Member Ms L. Wu appointed

30/01/2018

New Company Secretary UK INT'L COMPANY SERVICE LTD 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 Full

 

No Group Structure

 

Statistics

 

Group

0 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Previous Director/Company Secretaries

 

No Previous Director Details

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Ms Ling Wu

Kind

Individual Person With Significant Control

Address

Lou 102, Jingnengtianxiachuan Tianping Street, Helanshan Road, Xingqing Dist., Yinchuan City, Ningxia

Country Of Residence

China

Post Code

000000

Nationality

Chinese

Date of Birth

11/1985

Notified On

26/01/2018

Nature Of Control

Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 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

Average Invoice Value

n/a

Invoices available

n/a

Paid

n/a

Outstanding

n/a

 

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

Outstanding

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 66.62

UK Pound

1

INR 90.60

Euro

1

INR 79.86

GBP

1

INR 90.68

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT

 

 


 

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.