3decades

MIRA INFORM REPORT

Report No. :	507870
Report Date :	05.05.2018

IDENTIFICATION DETAILS

Name :	VITAPLUS UK LTD

Registered Office :	Unit F, M10-12 Western International Mark, Southall, Ub2 5xj

Country :	United Kingdom

Financials (as on) :	31.08.2016

Date of Incorporation :	02.06.2008

Com. Reg. No.:	06607458

Legal Form :	Private limited with Share Capital

Line of Business :	· Wholesale of other food, including fish, crustaceans And Molluscs · Wholesale of food items

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
C	Medium High Risk	Business dealings permissible preferably on secured basis

Status :	Moderate

Payment Behaviour :	Unknown

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: VITAPLUS UK LTD

Company No: 06607458

Registered Address: UNIT F 10-12 WESTERN INTERNATIONAL MARK SOUTHALL UB2 5XJ

Company Summary

Registered Address UNIT F
10-12 WESTERN INTERNATIONAL MARK
SOUTHALL
UB2 5XJ

Trading Address Unit F
12 Western International Market
Hayes Road
Southall, Middlesex
UB2 5XJ

Website Address http://www.vitaplusuk.com

Telephone Number 07411358134

Fax Number

TPS No

FPS Yes

Incorporation Date 02/06/2008

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 11/11/2016

Currency GBP

Share Capital £1,000

SIC07 46380

Charity Number -

SIC07 Description

WHOLESALE OF OTHER FOOD, INCLUDING FISH, CRUSTACEANS

AND MOLLUSCS

Principal Activity Wholesale of food items.

Additional Information

CCJ's 1 (£513)

15/07/2015 COUNTY COURT BUSINESS CENTRE £513 Judgment

- - - -

Ultimate Holding Company -

Accountant S Z KHAN

Mortgages 0

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/08/2016 - - £12,985 -

31/08/2015 - - £12,638 -

31/08/2014 £2,148,030 £35,997 £9,349 -

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

This company has had a CCJ registered against them within the last 36 months which is currently still outstanding.

The latest Balance Sheet indicates a negative net working capital position.

The high debt/equity ratio indicates that assets are funded primarily by creditors rather than equity/reinvested profits.

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

CCJ

Total Number of Exact CCJs -	1	Total Value of Exact CCJs -	£513
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	2	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Allahnawaz Ashabuddin Rustamkhail	Nationality	Afghan
Date of Birth	02/1965	Present Appointments	1
Latest Address	39 Judge Heath Lane, Hayes, Middlesex	Appointment Date	09/06/2010
Post Code	UB3 2NZ
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Rustamkhail Rabnawaz	Nationality	British
Date of Birth	02/1993	Present Appointments	1
Latest Address	Unit 10/12 Western International Market, Western International Market Hayes Road, Southall, Middlesex	Appointment Date	29/12/2016
Post Code	UB2 5XB
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ALLANAWAZ RUSTAMKHIL	GBP	750	ORDINARY	1	75
RABNAWAZ RUSTAMIKHAIL	GBP	250	ORDINARY	1	25
1

Financials

Profit & Loss

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Turnover	-	-	-	-	£2,148,030	22.9%	£1,747,225	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Cost of Sales	-	-	-	-100%	£1,878,400	19.6%	£1,570,638	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Gross Profit	-	-	-	-	£269,630	52.7%	£176,587	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Operating Profit	-	-	-	-	£40,835	543.7%	£6,344	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Depreciation	£5,602	23.5%	£4,537	61.3%	£2,813	-1.7%	£2,862	44.8%	£1,977
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	£4,838	54.6%	£3,130	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	£35,997	999.9%	£3,214	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Taxation	-	-	-	-	-£6,752	-999.9%	-£397	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Profit After Tax	-	-	-	-	£29,245	938.2%	£2,817	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Dividends Payable	-	-	-	-	£19,280	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Retained Profit	-	-	-	-	£9,965	253.7%	£2,817	-	-

Balance Sheet

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Tangible Assets	£64,430	23.5%	£52,179	61.3%	£32,348	25.6%	£25,761	13.7%	£22,655
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Fixed Assets	£64,430	23.5%	£52,179	61.3%	£32,348	25.6%	£25,761	13.7%	£22,655
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Stock	£205,087	0.2%	£204,737	0.1%	£204,477	1.1%	£202,237	39.4%	£145,125
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Trade Debtors	£61,229	831.7%	£6,572	10.4%	£5,951	44.3%	£4,123	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Cash	£15,162	-26.6%	£20,657	-65.8%	£60,429	376.9%	£12,670	60.2%	£7,908
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Current Assets	£281,478	21.3%	£231,966	-14.4%	£270,857	23.7%	£219,030	43.1%	£153,033
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Trade Creditors	£332,923	22.6%	£271,507	10.9%	£244,930	15%	£212,916	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Current Liabilities	£332,923	22.6%	£271,507	10.9%	£244,930	15%	£212,916	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-100%	£48,926	50.6%	£32,491	-81.9%	£179,121
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-100%	£48,926	50.6%	£32,491	-81.9%	£179,121

Capital & Reserves

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Called Up Share Capital	£1,000	-	£1,000	-	£1,000	-	£1,000	-	£1,000
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	P & L Account Reserve	£11,985	3%	£11,638	39.4%	£8,349	616.6%	-£1,616	63.5%	-£4,433
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Shareholder Funds	£12,985	2.7%	£12,638	35.2%	£9,349	999.9%	-£616	82.1%	-£3,433

Other Financial Items

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Net Worth	£12,985	2.7%	£12,638	35.2%	£9,349	999.9%	-£616	82.1%	-£3,433
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Working Capital	-£51,445	-30.1%	-£39,541	-252.5%	£25,927	324.1%	£6,114	-96%	£153,033
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Assets	£345,908	21.7%	£284,145	-6.3%	£303,205	23.9%	£244,791	39.3%	£175,688
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Liabilities	£332,923	22.6%	£271,507	-7.6%	£293,856	19.7%	£245,407	37%	£179,121
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Net Assets	£12,985	2.7%	£12,638	35.2%	£9,349	999.9%	-£616	82.1%	-£3,433

Cash Flow

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/08/16	(%)	31/08/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Capital Employed	£12,985	2.7%	£12,638	-78.3%	£58,275	82.8%	£31,875	-81.9%	£175,688
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants	S Z KHAN
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/08/16	31/08/15	31/08/14	31/08/13	31/08/12
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Pre-tax profit margin %	-	-	1.68	0.18	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Current ratio	0.85	0.85	1.11	1.03	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Sales/Net Working Capital	-	-	82.85	285.77	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Gearing %	0	0	523.30	-5274.50	-5217.60
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Equity in %	3.80	4.40	3.10	-0.30	-2
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Creditor Days	-	-	41.50	44.35	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Debtor Days	-	-	1	0.85	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Liquidity/Acid Test	0.22	0.10	0.27	0.07	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Return On Capital Employed %	-	-	61.77	10.08	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	11.87	1.31	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Current Debt Ratio	25.63	21.48	26.19	-345.64	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Total Debt Ratio	25.63	21.48	31.43	-398.38	-52.17
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	9.51	11.57	-
$Description: \\vivek-pc\e\VITA PLUS UK LTD_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	385.03	-521.75	-

Status History

Date	Description
10/10/2017	Winding up Petition Dismissed
12/09/2017	Case was adjourned
12/09/2017	Petitions Winding-Up (Unadvertised)

Event History View Documents

Date	Description
10/04/2018	Confirmation Statement
01/05/2017	Change in Reg.Office
01/05/2017	Change of Company Postcode
01/03/2017	Annual Returns
01/03/2017	New Board Member Mr R. Rabnawaz appointed
15/11/2016	New Accounts Filed
15/11/2016	New Accounts Filed
24/07/2016	Annual Returns
05/12/2015	New Accounts Filed
19/07/2015	Annual Returns
24/11/2014	New Accounts Filed
24/11/2014	New Accounts Filed
15/07/2014	Annual Returns
24/10/2013	New Accounts Filed
24/10/2013	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 Full

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Allanawaz Rustamkhail	0		1	0
Rabnawaz Rustamkhail	0		1	0
Total Persons With Significant Control	1	Total Statements		0
Active	1	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Mr Allahnawaz Ashabuddin Rustamkhail	Kind	Individual Person With Significant Control
Address	Unit F 10-12 Western International Market, Hayes Road, Southall	Country Of Residence	England
Post Code	UB2 5XJ	Nationality	British
Date of Birth	02/1965	Notified On	01/06/2016
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

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 66.77
UK Pound	1	INR 90.58
Euro	1	INR 79.97
GBP	1	INR 90.44

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

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	KET

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.