MIRA INFORM REPORT

Report No. :	507112
Report Date :	07.05.2018

IDENTIFICATION DETAILS

Name :	MORTIMER MANAGEMENT GROUP LIMITED

Registered Office :	80 New Bond Street, London, W1s 1sb

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	27.02.1997

Com. Reg. No.:	03325255

Legal Form :	Private limited with Share Capital

Line of Business :	Wholesale of watches and jewellery

No. of Employees :	230

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: MORTIMER MANAGEMENT GROUP LIMITED

Company No: 03325255

Company Status: Active - Accounts Filed

Status Active

Registered Address: 80 NEW BOND STREET LONDON W1S 1SB

Company Name

MORTIMER MANAGEMENT GROUP LIMITED

Company Number

03325255

Company Summary

Registered Address 80 NEW BOND STREET
LONDON
W1S 1SB

Trading Address 80 New Bond Street
LONDON
W1S 1SB

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

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 27/02/1997

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 15/09/2017

Currency GBP

Share Capital £50,000

SIC07 46480

Charity Number -

SIC07 Description WHOLESALE OF WATCHES AND JEWELLERY

Principal Activity A group engaged in wholesale and retail of jewellery and associated goods.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company HILCO TRADING LLC

Accountant -

Mortgages 5

Group 96 companies

Linkages 8 companies

Countries In 4 countries

Key Financials

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

31/12/2016 £14,527,109 £121,574 £1,822,895 230

31/12/2015 £21,593,635 £1,448,938 £1,930,387 219

31/08/2014 £13,468,897 £697,810 £4,468,453 213

Mortgage Summary

Total Mortgage 5

Outstanding 3

Satisfied 2

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 high percentage of invoices.

This company's bank loans and overdrafts (less cash) account for a moderate 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	3	Total Current Secretaries	3
Total Previous Directors / Company Secretaries	5	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Henry William Foster	Nationality	British
Date of Birth	05/1979	Present Appointments	48
Latest Address	7 River Court Brighouse Business Village, Brighouse Road, Middlesbrough, Cleveland	Appointment Date	12/06/2015
Post Code	TS2 1RT
Title	Mr	Function	Director
Name	Paul Patrick McGowan	Nationality	Irish
Date of Birth	01/1962	Present Appointments	13
Latest Address	7 River Court Brighouse Business Village, Brighouse Road, Middlesbrough, Cleveland	Appointment Date	12/06/2015
Post Code	TS2 1RT

Title	Mr	Function	Director
Name	Anthony Brinley Richards	Nationality	British
Date of Birth	02/1966	Present Appointments	1
Latest Address	80 New Bond Street, London	Appointment Date	25/11/2016
Post Code	W1S 1SB

Current Company Secretary

Title	Ms	Function	Company Secretary
Name	Margaret Ann Mortimer	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	80 New Bond Street, London	Appointment Date	25/11/2016
Post Code	W1S 1SB
Title	Miss	Function	Company Secretary
Name	Inca Lockhart-Ross	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	80 New Bond Street, London	Appointment Date	09/01/2016
Post Code	W1S 1SB

Title	Mr	Function	Company Secretary
Name	Paul Anthony Mortimer	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	80 New Bond Street, London	Appointment Date	24/04/2017
Post Code	W1S 1SB

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
HUK 49 LIMITED	GBP	50,000	ORDINARY	1	100

Financials

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
	Weeks	52	(%)	70	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	Y	(%)	Y	(%)	Y	(%)	Y	(%)	Y
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Turnover	£14,527,109	-32.7%	£21,593,635	60.3%	£13,468,897	1.6%	£13,263,181	6%	£12,512,066
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Export	£35,022	26.1%	£27,767	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Cost of Sales	£12,321,062	-29.9%	£17,588,611	57.7%	£11,154,534	3.1%	£10,813,899	7.1%	£10,094,375
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Gross Profit	£2,206,047	-44.9%	£4,005,024	73.1%	£2,314,363	-5.5%	£2,449,282	1.3%	£2,417,691
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Wages & Salaries	£3,440,844	-23.4%	£4,493,510	44.4%	£3,111,782	0.4%	£3,098,662	0.5%	£3,084,558
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Directors Emoluments	£174,700	10.1%	£158,660	11.2%	£142,727	-41%	£241,907	-3%	£249,343
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Operating Profit	£298,288	-81.1%	£1,577,057	83%	£861,638	9.3%	£788,536	28%	£616,121
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Depreciation	£205,031	-6.5%	£219,223	10.1%	£199,024	-5.9%	£211,570	-15%	£248,820
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Audit Fees	£17,650	-19.5%	£21,935	62.5%	£13,500	95.2%	£6,916	-44.7%	£12,500
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Interest Payments	£176,714	36.4%	£129,543	220.5%	£40,419	-22.6%	£52,240	29.4%	£40,361
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Pre Tax Profit	£121,574	-91.6%	£1,448,938	107.6%	£697,810	-5.2%	£736,296	27.9%	£575,760
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Taxation	£6,934	102.3%	-£299,804	-28.4%	-£233,546	-50.4%	-£155,275	-13.5%	-£136,833
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Profit After Tax	£128,508	-88.8%	£1,149,134	147.5%	£464,264	-20.1%	£581,021	32.4%	£438,927
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Dividends Payable	£236,000	-93.6%	£3,687,000	-	-	-100%	£12,600	-	-
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Retained Profit	-£107,492	95.8%	-£2,537,866	-646.6%	£464,264	-18.3%	£568,421	29.5%	£438,927

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Tangible Assets	£882,056	31.2%	£672,154	45.7%	£461,175	32.8%	£347,315	-27.2%	£477,216
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Intangible Assets	£29,250	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Fixed Assets	£911,306	35.6%	£672,154	45.7%	£461,175	32.8%	£347,315	-27.2%	£477,216
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Stock	£5,652,651	15.5%	£4,894,241	-0.5%	£4,920,060	-7.7%	£5,331,779	5.9%	£5,035,921
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Trade Debtors	£123,228	-28.8%	£173,123	346.5%	£38,773	-8%	£42,123	121.2%	£19,044
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Cash	£478,673	-14.5%	£560,138	-62.6%	£1,496,751	82.1%	£821,764	185.8%	£287,538
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Other Debtors	£411,118	31.2%	£313,453	-34.5%	£478,591	16%	£412,434	-10.5%	£460,719
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Current Assets	£6,665,670	12.2%	£5,940,955	-14.3%	£6,934,175	4.9%	£6,608,100	13.9%	£5,803,222
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Trade Creditors	£2,184,062	57.5%	£1,386,924	28%	£1,083,159	5.4%	£1,027,791	17.8%	£872,806
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts	£1,726,188	160.2%	£663,308	331.2%	£153,846	-	£153,846	-	£153,846
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-100%	£228,568	-26.2%	£309,699	1.8%	£304,149
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Miscellaneous Current Liabilities	£1,631,553	-29.3%	£2,308,156	120.4%	£1,047,484	4.5%	£1,002,630	21.8%	£823,229
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Current Liabilities	£5,541,803	27.2%	£4,358,388	73.4%	£2,513,057	0.8%	£2,493,966	15.8%	£2,154,030
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£1,938,466	96.3%	£987,642	74%	£567,686	-7.1%	£611,106	-27.6%	£844,486
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Long Term Liabilities	£212,278	-34.5%	£324,334	-21.6%	£413,840	-9.5%	£457,260	-33.8%	£690,640

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Called Up Share Capital	£50,000	-	£50,000	-	£50,000	-	£50,000	-	£50,000
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	P & L Account Reserve	£1,772,895	-5.7%	£1,880,387	-57.4%	£4,418,453	11.7%	£3,954,189	16.8%	£3,385,768
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Shareholder Funds	£1,822,895	-5.6%	£1,930,387	-56.8%	£4,468,453	11.6%	£4,004,189	16.5%	£3,435,768

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Net Worth	£1,793,645	-7.1%	£1,930,387	-56.8%	£4,468,453	11.6%	£4,004,189	16.5%	£3,435,768
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Working Capital	£1,123,867	-29%	£1,582,567	-64.2%	£4,421,118	7.5%	£4,114,134	12.7%	£3,649,192
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Assets	£7,576,976	14.6%	£6,613,109	-10.6%	£7,395,350	6.3%	£6,955,415	10.7%	£6,280,438
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Liabilities	£5,754,081	22.9%	£4,682,722	60%	£2,926,897	-0.8%	£2,951,226	3.7%	£2,844,670
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Net Assets	£1,822,895	-5.6%	£1,930,387	-56.8%	£4,468,453	11.6%	£4,004,189	16.5%	£3,435,768

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Net Cashflow from Operations	£193,712	-93.6%	£3,048,073	126.6%	£1,344,883	26.4%	£1,064,091	181.3%	£378,253
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Net Cashflow before Financing	-£737,517	46.1%	-£1,368,908	-265.2%	£828,834	7.7%	£769,689	272%	£206,885
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Net Cashflow from Financing	£656,052	51.8%	£432,295	381%	-£153,847	34.7%	-£235,463	26.2%	-£318,841
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Increase in Cash	-£81,465	91.3%	-£936,613	-238.8%	£674,987	26.3%	£534,226	577.2%	-£111,956

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/08/14	(%)	31/08/13	(%)	31/08/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Capital Employed	£2,035,173	-9.7%	£2,254,721	-53.8%	£4,882,293	9.4%	£4,461,449	8.1%	£4,126,408
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Number of Employees	230	5%	219	2.8%	213	3.9%	205	-2.8%	211
	Accountants
	Auditors	PAGE KIRK LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BARCLAYS BANK PLC
	Bank Branch Code	20-63-25

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/08/14	31/08/13	31/08/12
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Pre-tax profit margin %	0.84	6.71	5.18	5.55	4.60
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Current ratio	1.20	1.36	2.76	2.65	2.69
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Sales/Net Working Capital	12.93	13.64	3.05	3.22	3.43
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Gearing %	106.30	51.20	12.70	15.30	24.60
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Equity in %	24.20	29.20	60.40	57.60	54.70
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Creditor Days	54.72	31.47	29.27	28.20	25.39
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Debtor Days	3.08	3.92	1.04	1.15	0.55
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Liquidity/Acid Test	0.18	0.24	0.80	0.51	0.35
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Return On Capital Employed %	5.97	64.26	14.29	16.50	13.95
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Return On Total Assets Employed %	1.60	21.91	9.43	10.58	9.16
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Current Debt Ratio	3.04	2.25	0.56	0.62	0.62
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Total Debt Ratio	3.15	2.42	0.65	0.73	0.82
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Stock Turnover Ratio %	38.91	22.66	36.52	40.19	40.24
$Description: \\vivek-pc\E\2\Mortimer Management Group Ltd_files\barchart-grey.png$	Return on Net Assets Employed %	6.66	75.05	15.61	18.38	16.75

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
20/03/2018	Confirmation Statement
14/02/2018	Change in Reg.Office
14/02/2018	Change of Company Postcode
26/09/2017	New Accounts Filed
26/09/2017	New Accounts Filed
01/05/2017	Mr P.A. Mortimer has left the board
26/04/2017	New Company Secretary Mr P.A. Mortimer appointed
24/03/2017	Annual Returns
20/12/2016	Change in Reg.Office
20/12/2016	Change of Company Postcode
19/12/2016	Ms M.A. Mortimer has left the board
19/12/2016	Mr P.A. Mortimer has resigned as company secretary
19/12/2016	New Board Member Mr A.B. Richards appointed
19/12/2016	New Company Secretary Miss I. Lockhart-Ross appointed
19/12/2016	New Company Secretary Ms M.A. Mortimer appointed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	96 companies
Linkages	8 companies
Countries	In 4 countries

Summary

Holding Company	HUK 49 LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	HILCO TRADING LLC

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
HILCO TRADING LLC	N/A	-	-
HUK 59 LIMITED	09381549	31.12.2016	N
HILCO APPRAISAL SERVIC...	N/A	-	-
HILCO APPRAISAL LIMITED	04703331	31.12.2016	N
HILCO INDUSTRIAL LIMITED	06088178	31.12.2016	N
HILCO INTERNATIONAL HO...	N/A	-	-
HILCO LONDON LIMITED	03966729	31.12.2016	Y	£81,350,754
VALCO GP II LIMITED	06856652	31.12.2016	N
HILCO GP LIMITED	07061841	31.12.2016	N
VALCO GP III LIMITED	07236701	31.12.2016	N
ROWAN GP I LIMITED	07884902	31.12.2016	N
MCDH GP LIMITED	08303989	31.12.2016	N
DOUGLAS-FIR GP LIM...	08368698	31.12.2016	N
TRILLIUM GP LIMITED	08713415	31.12.2016	N
HUK 54 LIMITED	08767963	31.12.2016	N
HUK 55 LIMITED	08949683	31.12.2016	N
HILCO CAPITAL LIMITED	03944915	31.12.2016	N
RETAIL AGENTS 170...	06330484	31.12.2016	N
FILEFIGURE 10 LIM...	06721495	31.12.2016	N
F10 PROP CO LTD	06892348	31.12.2016	N
RETAIL AGENTS 210...	06804877	31.12.2016	N	£4,302,744
VALCO EQUITY LIMITED	06951904	31.12.2016	N
VALCO INVESTMEN...	06951905	31.12.2016	N
RETAIL AGENTS 230...	07063114	31.12.2016	N	£156,578
RETAIL INVESTMENT...	07080297	31.12.2016	N
FILEFIGURE 20 LIM...	07080426	31.12.2016	N
FILEFIGURE 30 LIM...	07080492	31.12.2016	N
HILCO LENDER SERV...	07098555	31.12.2016	N
MORE OR LESS LIMITED	07098559	31.12.2016	N
HILCO WHOLESALE LTD	07180966	31.12.2016	N	£2,387,284
HILCO IRELAND LIM...	07184332	31.12.2016	N
HUK 11 LTD	07530964	31.12.2016	N
HILCO BID (EUROPE...	07652746	31.12.2016	N
HUK 16 LIMITED	07731455	31.12.2016	N
HUK 31 LIMITED	07939793	31.12.2016	N
HUK 61 LIMITED	09580384	31.12.2016	N	£8,600
HUK 80 LIMITED	10673404	-	N
HUK 85 LIMITED	10983900	-	N
AMWEB LIMITED	09621144	31.12.2016	N	£274,638
FILEFIGURE INTERN...	07802092	31.12.2016	N
FILEFIGURE LIMITED	04010507	31.12.2016	N
HILCO CAPITAL IRE...	IE489609	31.12.2016	N	€85,430
RETAIL PROCUREM...	IE489610	31.12.2016	N	€10,539
HILCO DEVELOPMENT...	05681384	31.12.2016	N
BARRY ISLAND PR...	06032191	31.12.2016	N
HILCO PROPERTY LI...	07217759	31.12.2016	N	£733,046
HILCO RETAIL SERV...	08116644	31.12.2016	N	£5,709,278
HILCO UK LIMITED	06892774	31.12.2016	N
HOME ENTERTAINMEN...	07063132	02.01.2016	N
HUK 10 LIMITED	07530828	31.12.2016	N
HUK 17 LIMITED	07731414	31.12.2016	N
HUK 18 LIMITED	07767826	31.12.2016	N
HUK 19 LIMITED	07767893	31.12.2016	N
HYPER VALUE RETAI...	05726765	31.12.2016	N	£63,837
INAHB LIMITED	06969000	31.12.2016	N
DB INVOICE FINA...	06966476	31.12.2016	N
RETAIL AGENTS LIM...	05649828	31.12.2016	N
RETAIL AGENTS 250...	07530506	31.12.2016	N
HILCO COMMERCIAL L...	05907637	31.12.2016	N
MARINE SALES UK L...	06597786	31.12.2016	N
DB INVOICE FINANC...	07371488	31.12.2016	N
DB INVOICE FINA...	07423312	31.12.2016	N
ATCLIFFE CAPITAL...	08292597	31.12.2016	N
CLIPPER MARINE LI...	05837682	31.12.2016	N	£10,334,913
CLIPPER MARINE...	06259630	31.12.2016	N
HILCO COMMERCIAL...	08383699	31.12.2016	N
KENDAL CAPITAL LI...	08237318	31.12.2016	N
HILCO INVESTMENTS...	06712092	31.12.2016	N
HILCO PROFIT RECO...	09228289	31.12.2016	N	£582,175
RATING SOLUTION...	08845378	31.12.2016	N	£23,027
HT2M LIMITED	06712108	31.12.2016	N
HILCO RECOVERY...	06712146	31.12.2016	N
THE MARKETING INN...	06963849	31.03.2017	N
CUSTOMER CLUB L...	06971953	31.12.2012	N	£668,703
HUK 14 LIMITED	07662204	31.12.2016	N
RETAIL CONSULTANCY...	09384242	31.12.2016	N	£1,453,808
HUK 46 LIMITED	08473976	31.12.2016	N
HUK 49 LIMITED	08510311	31.12.2016	Y	£14,527,109
MORTIMER MANAGEMENT...	03325255	31.12.2016	Y	£14,527,109
THE JEWELLERY OUTL...	03626940	31.12.2016	N	£13,354,250
WATCHWAREHOUSE NOT...	10113212	31.12.2016	N
CHAPELLE LIMITED	02535283	31.12.2016	N
OXTERMONT LIMITED	IE526620	31.12.2013	Y	€48,809,000
HMV RETAIL NI STORES...	05837527	04.01.2015	N	£4,279,000
XTRA-VISION ENTERTAI...	IE526619	31.12.2013	N	€39,135,000
XTRA-VISION IRELAND...	IE528471	31.12.2013	N	€26,423,000
VALCO CAPITAL PARTNERS...	LP013365	-	N
DENBY HOLDINGS LIMITED	06760049	31.12.2016	Y	£51,431,000
POOLE POTTERY RETA...	06081868	31.12.2016	N	£1,244,000
DENBY BRANDS LIMITED	06761664	31.12.2016	N	£1,538,000
DENBY NORTH AMERIC...	06784097	31.12.2015	N
DENBY USA LIMITED	03112680	31.12.2016	N	£6,227,000
DENBY RETAIL LIMITED	06800973	31.12.2016	N	£15,821,000
BURGESS & LEIGH LI...	03820303	31.12.2016	N	£2,029,000
DENBY POTTERIES LI...	06784072	31.12.2016	N	£18,224,000
THE DENBY POTTERY...	06798163	31.12.2016	N	£21,116,000

Statistics

Group	96 companies
Linkages	8 companies
Countries	In 4 countries

Mortgage Details

Mortgage Type:
Date Charge Created:	31/07/15
Date Charge Registered:	01/08/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PNC BUSINESS CREDIT A TRADING STYLE OF ONC FINANCIAL SERVICES UK LTD;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS NEGATIVEPLEDGE.
Mortgage Type:
Date Charge Created:	12/06/15
Date Charge Registered:	19/06/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	PNC BUSINESS CREDIT A TRADING STYLE OF PNC FINANCIAL SERVICES UK LTD (PNC);
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:
Date Charge Created:	12/06/15
Date Charge Registered:	18/06/15
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HUK 61 LIMITED;
Amount Secured:
Details:	FIRST FIXED CHARGE OVER THE BORROWER'S PRESENT AND FUTURE PATENTS, TRADE MARKS,SERVICE MARKS, TRADE NAMES, DESIGNS, COPYRIGHTS, INVENTIONS, TOPOGRAPHICAL OR SIMILAR RIGHTS, CONFIDENTIAL INFORMATION AND KNOW-HOW AND ANY INTEREST IN ANY OF THESE RIGHTS, WHETHER OR NOT REGISTERED,INCLUDING ALL APPLICATIONS AND RIGHTS TO APPLY FOR REGISTRATION AND ALL FEES, ROYALTIES AND OTHER RIGHTS DERIVED FROM, OR INCIDENTAL TO, THESE RIGHTS.CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY ORUNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	28/09/98
Date Charge Registered:	02/10/98
Date Charge Satisfied:	26/05/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC;
Amount Secured:
Details:	PROPERTY K/A THE OLD CHAPEL CHAWORTH COLWICK NOTTINGHAM

Mortgage Type:	DEBENTURE
Date Charge Created:	19/03/97
Date Charge Registered:	25/03/97
Date Charge Satisfied:	26/05/15
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC;
Amount Secured:
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERYSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Paul Anthony Mortimer	0			6	10
Paul Anthony Mortimer	0			6	10
Margaret Ann Mortimer	0			3	4
LONDON LAW SERVICES LIMITED	3			12102	43043
LONDON LAW SECRETARIAL LIMITED	3			12133	43056
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Huk 49 Limited	Kind	Corporate Entity With Significant Control
Address	7 River Court Brighouse Business Village, Brighouse Road, Middlesbrough	Notified On	06/04/2016
Post Code	TS2 1RT	Legal Form	Limited Company
Authority	Companies Act 2006	Place Registered	Companies House
Country Registered	United Kingdom	Registration Number	8510311
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 66.78
UK Pound	1	INR 90.58
Euro	1	INR 79.97
GBP	1	INR 90.87

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

INFORMATION DETAILS

Analysis Done by :	NIY

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.

Name	Number	Latest Key Financials	Turnover
HILCO RETAIL GMBH	HRB 86797	30.11.2009
HILCO DEUTSCHLAND GMBH	HRB 98922	31.12.2011
OPTIMASS EUROPE BVBA	578973204	31.12.2016
VINERY INVESTMENTS LIMITED	08954296	31.12.2016
HILCO INDUSTRIAL, LLC		-	$3,822,000
EAF APPRAISALS, LLC		-
CJ APPAREL GROUP, LLC		-	$20,000,000
APEX FINANCIAL MANAGEMENT, LLC		-	$31,282,000

MIRA INFORM REPORT

Company name and address

Company Name

Company Number

Company Summary

Additional Information

Key Financials

Mortgage Summary

Trade Debtors / Bad Debt Summary

Commentary

CCJ

Current Directors

Current Company Secretary

Top Shareholders

Financials

Event History

Statistics

Summary

Group Structure

Statistics

Other Linked Companies

Mortgage Details

Previous Director/Company Secretaries

Unit