3decades

MIRA INFORM REPORT

Report No. :	507215
Report Date :	04.05.2018

IDENTIFICATION DETAILS

Name :	SAI COMMODITIES LIMITED

Registered Office :	65 Delamere Road, Hayes, Middlesex, Ub4 0nn

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	01.03.2007

Com. Reg. No.:	06132176

Legal Form :	Private limited with Share Capital

Line of Business :	Agents involved in the sale of a variety of goods

No. of Employees :	2

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

Status :	Moderate

Payment Behaviour :	Slow but Correct

Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United Kingdom

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

UNITED KINGDOM - ECONOMIC OVERVIEW

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.

In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded the UK’s economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

Source : CIA

COMPANY NAME AND ADDRESS

Company Name: SAI COMMODITIES LIMITED

Company No: 06132176

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: 65 DELAMERE ROADHAYESMIDDLESEXUB4 0NN

Company Name

SAI COMMODITIES LIMITED

Company Number

06132176

Company Summary

Registered Address 65 DELAMERE ROAD
HAYES
MIDDLESEX
UB4 0NN

Trading Address 65 Delamere Road
Hayes
Middlesex
UB4 0NN

Website Address http://www.global-commodities.org

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 01/03/2007

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 27/09/2017

Currency GBP

Share Capital £295,000

SIC07 46190

Charity Number -

SIC07 Description AGENTS INVOLVED IN THE SALE OF A VARIETY OF GOODS

Principal Activity Commodities. Accounts data converted from US dollars.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 6

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees

31/12/2016 £16,690,709 £144,856 £939,576 2

31/12/2015 £12,880,817 £166,049 £862,919 2

31/12/2014 £18,708,300 £127,728 £715,167 2

Mortgage Summary

Total Mortgage 6

Outstanding 6

Satisfied 0

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's return on total assets employed ratio indicates a relatively efficient use of assets.

This company has made late payments on a medium percentage of invoices.

This company's bank loans and overdrafts (less cash) account for a high percentage of short term liabilities.

This company trades in an industry with a lower 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	0
Total Previous Directors / Company Secretaries	6	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Ishwar Lal Ashoka	Nationality	British
Date of Birth	03/1935	Present Appointments	3
Latest Address	20 Barclay Road, Croydon	Appointment Date	01/03/2007
Post Code	CR0 1JN
Title	Mr	Function	Director
Name	Deepak Lal Rupchandani	Nationality	Indian
Date of Birth	12/1962	Present Appointments	2
Latest Address	20 Barclay Road, Croydon	Appointment Date	27/09/2012
Post Code	CR0 1JN

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
DEEPAK LAL RUPCHANDANI	GBP	221,250	ORDINARY	1	75
SUJATA RUPCHANDANI	GBP	73,750	ORDINARY	1	25
1

FINANCIALS

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Turnover	£16,690,709	29.6%	£12,880,817	-31.1%	£18,708,300	59.9%	£11,699,475	42%	£8,239,472
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Export	-	-	-	-100%	£18,369,450	57%	£11,699,475	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Cost of Sales	£16,058,048	29.6%	£12,390,148	-32%	£18,227,557	60.3%	£11,374,299	42.2%	£7,996,192
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Gross Profit	£632,660	28.9%	£490,669	2.1%	£480,743	47.8%	£325,177	33.7%	£243,280
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Wages & Salaries	£176,988	-3.7%	£183,765	51.7%	£121,176	225.9%	£37,178	6.4%	£34,949
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Operating Profit	£283,799	49.7%	£189,635	-24.7%	£251,790	40.6%	£179,035	47.4%	£121,484
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Depreciation	£6,294	-10.9%	£7,063	-7.7%	£7,648	-5.4%	£8,086	58.9%	£5,088
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Audit Fees	£6,208	-16.1%	£7,399	11.7%	£6,626	5.3%	£6,292	53.7%	£4,094
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Interest Payments	£146,630	31%	£111,945	-31.5%	£163,442	60.5%	£101,829	31.8%	£77,245
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Pre Tax Profit	£144,856	-12.8%	£166,049	30%	£127,728	59.2%	£80,221	42.7%	£56,219
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Taxation	-£27,844	-15.4%	-£24,125	-21.4%	-£19,865	-22.3%	-£16,244	-49.1%	-£10,891
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Profit After Tax	£117,011	-17.6%	£141,924	31.6%	£107,863	68.6%	£63,976	41.1%	£45,328
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Dividends Payable	£40,354	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Retained Profit	£76,658	-46%	£141,924	31.6%	£107,863	68.6%	£63,976	41.1%	£45,328

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Tangible Assets	£825,355	-0.8%	£831,650	4.9%	£792,882	15.2%	£687,998	341.9%	£155,702
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Fixed Assets	£825,355	-0.8%	£831,650	4.9%	£792,882	15.2%	£687,998	341.9%	£155,702
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Stock	£30,986	-50.7%	£62,827	-31.4%	£91,602	999.9%	£4,802	-89.8%	£46,911
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Trade Debtors	£3,725,740	13.6%	£3,279,500	-27.8%	£4,541,058	19%	£3,814,540	106.3%	£1,849,182
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Cash	£798,384	-10%	£887,444	-40.3%	£1,487,550	-9%	£1,635,521	96.8%	£831,119
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Other Debtors	£136,810	22.8%	£111,435	-68.3%	£351,128	-11.7%	£397,817	-4.4%	£415,930
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Current Assets	£4,691,919	8.1%	£4,341,206	-32.9%	£6,471,338	10.6%	£5,852,680	86.2%	£3,143,143
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Trade Creditors	£1,044,322	3.8%	£1,005,975	-29.2%	£1,421,556	-32.7%	£2,111,964	56.5%	£1,349,559
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	£2,765,242	-1.6%	£2,810,807	-30.8%	£4,059,482	44.4%	£2,811,965	134.7%	£1,198,083
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Other Short Term Finance	£12,864	47.7%	£8,709	-88.2%	£73,743	227%	£22,552	-17.9%	£27,477
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	£80,926	56%	£51,862	-16.3%	£61,985	-90.4%	£642,768	70.3%	£377,377
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Current Liabilities	£3,903,353	0.7%	£3,877,354	-31%	£5,616,767	0.5%	£5,589,249	89.3%	£2,952,497
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£3,439,587	6%	£3,243,390	-35%	£4,991,767	53.9%	£3,242,532	170.6%	£1,198,083
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-100%	£441,312	2.5%	£430,567	-	0
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Long Term Liabilities	£674,345	55.9%	£432,583	-53.6%	£932,285	116.5%	£430,567	-	0

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Called Up Share Capital	£391,769	-	£391,769	0.8%	£388,602	16.6%	£333,289	464.9%	£59,003
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	P & L Account Reserve	£428,278	21.8%	£351,620	7.7%	£326,565	280.2%	£85,885	-66.4%	£255,683
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-100%	£101,687	221.2%	£31,662
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Sundry Reserves	£119,530	-	£119,530	-	-	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Shareholder Funds	£939,576	8.9%	£862,919	20.7%	£715,167	37.3%	£520,862	50.4%	£346,347

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Net Worth	£939,576	8.9%	£862,919	20.7%	£715,167	37.3%	£520,862	50.4%	£346,347
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Working Capital	£788,566	70%	£463,851	-45.7%	£854,571	224.4%	£263,431	38.2%	£190,646
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Assets	£5,517,275	6.7%	£5,172,856	-28.8%	£7,264,220	11.1%	£6,540,677	98.3%	£3,298,844
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Liabilities	£4,577,698	6.2%	£4,309,937	-34.2%	£6,549,052	8.8%	£6,019,816	103.9%	£2,952,497
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Net Assets	£939,576	8.9%	£862,919	20.7%	£715,167	37.3%	£520,862	50.4%	£346,347

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Net Cashflow from Operations	£152,674	-87.3%	£1,197,531	224%	-£965,478	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Net Cashflow before Financing	-£43,494	-103.9%	£1,114,433	197.8%	-£1,139,531	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Net Cashflow from Financing	£70,394	110.2%	-£692,176	-761.8%	-£80,321	-	-	-	-
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Increase in Cash	£26,900	-93.6%	£422,257	134.6%	-£1,219,853	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Capital Employed	£1,613,921	24.6%	£1,295,501	-21.4%	£1,647,453	73.2%	£951,429	174.7%	£346,347
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Number of Employees	2	-	2	-	2	-	2	-	-
	Accountants
	Auditors	THE CORPORATE PRACTICE LIMITED
	Auditor Comments	The audit report contains no adverse comments
	Bankers	PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
	Bank Branch Code	60-95-00

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Pre-tax profit margin %	0.87	1.29	0.68	0.69	0.68
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Current ratio	1.20	1.12	1.15	1.05	1.06
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Sales/Net Working Capital	21.17	27.77	21.89	44.41	43.22
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Gearing %	366.10	375.90	698	622.50	345.90
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Equity in %	17	16.70	9.80	8	10.50
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Creditor Days	22.77	28.42	27.65	65.70	59.62
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Debtor Days	81.25	92.67	88.35	118.67	81.69
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Liquidity/Acid Test	1.19	1.10	1.13	1.04	1.04
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Return On Capital Employed %	8.97	12.81	7.75	8.43	16.23
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Return On Total Assets Employed %	2.62	3.21	1.75	1.22	1.70
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Current Debt Ratio	4.15	4.49	7.85	10.73	8.52
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Total Debt Ratio	4.87	4.99	9.15	11.55	8.52
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Stock Turnover Ratio %	0.18	0.48	0.48	0.04	0.56
$Description: \\vivek-pc\E\SAI COMMODITIES LTD_files\barchart-grey.png$	Return on Net Assets Employed %	15.41	19.24	17.85	15.40	16.23

Report Notes

There are no notes to display.

History

No Status History found

*Event History

Date	Description
24/04/2018	Payment Data Update Received
09/03/2018	Confirmation Statement
30/09/2017	New Accounts Filed
30/09/2017	New Accounts Filed
11/04/2017	Payment Data Update Received
08/03/2017	Annual Returns
11/10/2016	New Accounts Filed
11/10/2016	New Accounts Filed
11/10/2016	New Accounts Filed
22/06/2016	New Board Member Mr D.L. Rupchandani appointed
25/03/2016	Annual Returns
09/10/2015	New Accounts Filed
09/10/2015	New Accounts Filed
18/03/2015	Annual Returns
08/07/2014	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	21/03/13
Date Charge Registered:	28/03/13
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	20 BARCLAY ROAD, CROYDON, SURREY, T/NO:SGL649709, ALL RENTAL INCOME PRESENT ORFUTURE, FIXED PLANT AND MACHINERY, FIXTURES AND ALL THE GOODWILL OF THE TRADE OR BUSINESS (IF ANY) AND BOOK DEBTS AND ALLOTHER PROPERTY ASSETS AND RIGHTS SEE IMAGE FOR FULL DETAILS
Mortgage Type:	DEED OF DEBENTURE
Date Charge Created:	27/04/10
Date Charge Registered:	30/04/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	THE ACCESS BANK UK LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, UNCALLED CAPITAL, PLANT & MACHINERY, INTELLECTUAL PROPERTY. SEE IMAGE FOR FULL DETAILS

Mortgage Type:	DEED OF CHARGE OF DEPOSIT
Date Charge Created:	15/02/10
Date Charge Registered:	27/02/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	THE ACCESS BANK UK LIMITED
Amount Secured:	$200,000.00 AND ALL OTHER MONIES DUE ORTO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	CASH DEPOSITEDON A BANK CONTROLLED DEPOSIT ACCOUNT
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	27/03/09
Date Charge Registered:	02/04/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	THE L/H PROPERTY K/A 184 BENSHAM MANOR ROAD THORNTON HEATH SURREY & GARAGE T/NOSGL41640, A FIXED CHARGE ALL RENTAL INCOME PRESENT AND FUTURE AND THE PROCEEDS OF ANY SALE. THE FIXED PLANT MACHINERY ANDFIXTURES SEE IMAGE FOR FULL DETAILS

Mortgage Type:	CHARGE OVER DEPOSIT ACCOUNT
Date Charge Created:	23/04/08
Date Charge Registered:	29/04/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PUNJAB NATIONAL (INTERNATIONAL) LIMITED
Amount Secured:	US$600,000 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	THE COMPANY\S INTEREST BEARING DEPOSIT ACCOUNT HELD AT PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITEDAND INCLUDES ANY SUB-ACCOUNT, ANY REDESIGNATION OF THAT ACCOUNT AND ANY ACCOUNT.
Mortgage Type:	DEBENTURE
Date Charge Created:	23/04/08
Date Charge Registered:	29/04/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL RIGHT TITLE ESTATE AND OTHER INTERESTS OF THE COMPANY IN EACH OF THE PROPERTIES. ALL PLANT MACHINERY VEHICLES COMPUTERS AND OTHER EQUIPMENT OF THE COMPANY BOTH PRESENT AND FUTURE AND ALL SPARE PARTS REPLACEMENTS MODIFICATIONS AND ADDITIONS FOR THE SAME AND THE FULL BENEFIT OF ALL WARRANTIES ANDMAINTERNACE CONTRACTS FOR ANY OF THE SAME. SEE IMAGE FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
AVON COMPANY SECRETARIES LIMITED	1	9	43
Sally Margaret Ashoka	0	1	0
COMPANY DIRECTORS LIMITED	43	47779	157828
TEMPLE SECRETARIES LIMITED	73	48497	161070
Nirmal Kumar Ashoka	1	2	0
Nirmal Kumar Ashoka	1	2	0

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

Active Persons With Significant Control

Name	Mr Deepak Lal Rupchandani	Kind	Individual Person With Significant Control
Address	20 Barclay Road, Croydon	Country Of Residence	England
Post Code	CR0 1JN	Nationality	Indian
Date of Birth	12/1962	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 50 To 75 Percent,Voting Rights 50 To 75 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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 66.61
UK Pound	1	INR 90.60
Euro	1	INR 79.86
GBP	1	INR 90.59

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

INFORMATION DETAILS

Analysis Done by :	VAR

Report Prepared by :	SYL

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.