MIRA INFORM REPORT

Report No. :	507746
Report Date :	07.05.2018

IDENTIFICATION DETAILS

Name :	ROBERTSON GEOLOGGING LIMITED
Formerly Known As :	FLOWERFIND LIMITED
Registered Office :	Deganwy Conwy Ll31 9px
Country :	United Kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	30.09.1986
Com. Reg. No.:	02059684
Legal Form :	Private limited with Share Capital
Line of Business :	· Manufacture Of Electronic Measuring, Testing Etc. Equipment, Not For Industrial Process Control · The provision of manufacturer of wireline logging equipment and supplier of borehole logging services
No. of Employees :	32

RATING & COMMENTS

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

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Satisfactory
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	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: ROBERTSON GEOLOGGING LIMITED

Company No: 02059684

Registered Address: DEGANWY CONWY LL31 9PX

Company Summary

Registered Address DEGANWY
CONWY
LL31 9PX

Trading Address York Road
Deganwy
Conwy
Gwynedd
LL31 9PX

Website Address http://www.geologging.com

Telephone Number 01492582323

Fax Number

TPS Yes

FPS Yes

Incorporation Date 30/09/1986

Previous Name FLOWERFIND LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 04/02/1987

Filing Date of Accounts 08/09/2017

Currency GBP

Share Capital £1,097,079

SIC07 26511

Charity Number -

SIC07 Description MANUFACTURE OF ELECTRONIC MEASURING, TESTING ETC.

EQUIPMENT, NOT FOR INDUSTRIAL PROCESS CONTROL

Principal Activity The provision of manufacturer of wireline logging equipment and

supplier of borehole logging services.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company OYO

Accountant -

Mortgages 9

Group 3 companies

Linkages 28 companies

Countries In 4 countries

Key Financials

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

31/12/2016 £4,016,088 -£812,019 £3,182,325 32

30/09/2015 £4,405,581 £29,371 £3,991,560 33

30/09/2014 £4,561,653 £25,605 £4,060,431 34

Mortgage Summary

Total Mortgage 9

Outstanding 1

Satisfied 8

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

The latest Balance Sheet indicates a very positive net working capital position.

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

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

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	4	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	15	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Stephen Nigel Parry	Nationality	British
Date of Birth	08/1961	Present Appointments	2
Latest Address	21a Village Tower 7 Village Road, Happy Valley	Appointment Date	01/04/1998
Post Code
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Kunihiro Eguchi	Nationality	Japanese
Date of Birth	08/1960	Present Appointments	1
Latest Address	Deganwy, Conwy	Appointment Date	01/11/2015
Post Code	LL31 9PX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Mr	Function	Director
Name	Simon Franz Garantini	Nationality	Australian
Date of Birth	11/1969	Present Appointments	1
Latest Address	Deganwy, Conwy	Appointment Date	01/10/2017
Post Code	LL31 9PX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Naoto Shigemoto	Nationality	Japanese
Date of Birth	04/1963	Present Appointments	1
Latest Address	Deganwy, Conwy	Appointment Date	01/04/2017
Post Code	LL31 9PX
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Stephen Nigel Parry	Nationality	British
Date of Birth	08/1961	Present Appointments	2
Latest Address	21a Village Tower 7 Village Road, Happy Valley	Appointment Date	06/10/2004
Post Code
Other Actions		View Consumer Report	View Trace Report
	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
OYO CORPORATION USA	GBP	1,020,035	ORDINARY	1	92.98
OYO CORPORATION USA	GBP	54,731	ORDINARY A	1	4.99
D.N. MERTON-LYN	GBP	13,225	ORDINARY	1	1.21
S. PARRY	GBP	9,088	ORDINARY A	1	0.83

Financials

Profit & Loss

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Weeks	65	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£4,016,088	-8.8%	£4,405,581	-3.4%	£4,561,653	-32.3%	£6,734,758	2.3%	£6,583,142
	Export	-	-	-	-	-	-	-	-	-
	Cost of Sales	£3,328,312	5.2%	£3,162,844	-3.2%	£3,269,042	-24.8%	£4,347,898	12.5%	£3,863,446
	Gross Profit	£687,776	-44.7%	£1,242,737	-3.9%	£1,292,611	-45.8%	£2,386,860	-12.2%	£2,719,696
	Wages & Salaries	£1,699,296	23.4%	£1,376,775	-1.4%	£1,396,655	-11.5%	£1,578,103	4.9%	£1,504,631
	Directors Emoluments	£315,153	35.4%	£232,753	0%	£232,744	-33%	£347,289	-1.6%	£352,935
	Operating Profit	-£800,765	-999.9%	£40,233	1.7%	£39,548	-94.5%	£724,434	-40.9%	£1,225,419
	Depreciation	£136,353	5.9%	£128,804	20.1%	£107,247	-3.2%	£110,806	-6.6%	£118,644
	Audit Fees	£5,000	-73%	£18,500	3%	£17,969	5.7%	£17,000	6.3%	£16,000
	Interest Payments	£11,254	2.1%	£11,022	-24.4%	£14,574	-9%	£16,017	-4.7%	£16,807
	Pre Tax Profit	-£812,019	-999.9%	£29,371	14.7%	£25,605	-96.7%	£780,341	-35.4%	£1,208,623
	Taxation	£2,784	104.5%	-£61,942	-330.1%	£26,921	112.7%	-£211,680	31.4%	-£308,403
	Profit After Tax	-£809,235	-999.9%	-£32,571	-162%	£52,526	-90.8%	£568,661	-36.8%	£900,220
	Dividends Payable	-	-100%	£36,300	-	-	-	-	-	-
	Retained Profit	-£809,235	-999.9%	-£68,871	-231.1%	£52,526	-90.8%	£568,661	-36.8%	£900,220

Balance Sheet

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Tangible Assets	£452,031	-18.4%	£554,265	-12.9%	£636,337	8.3%	£587,777	13.8%	£516,611
	Intangible Assets	0	-	0	-	0	-	0	-	0
	Total Fixed Assets	£452,031	-18.4%	£554,265	-12.9%	£636,337	8.3%	£587,777	13.8%	£516,611
	Stock	£1,615,725	-23.1%	£2,100,866	-1.5%	£2,133,721	8.8%	£1,960,956	-1.6%	£1,992,932
	Trade Debtors	£337,324	-49.7%	£670,642	135.8%	£284,407	-58.2%	£680,679	95.2%	£348,784
	Cash	£1,058,407	-1%	£1,069,276	-22.2%	£1,375,085	-17.3%	£1,662,725	-21.3%	£2,112,222
	Other Debtors	£299,876	14.9%	£261,045	-61.3%	£674,253	38.2%	£487,880	-11.2%	£549,565
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£3,311,332	-19.3%	£4,101,829	-8.2%	£4,467,466	-6.8%	£4,792,240	-4.2%	£5,003,503
	Trade Creditors	£208,259	-12.9%	£239,119	-45.4%	£437,619	-1.9%	£446,105	-19.9%	£557,052
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£20,537	-4.1%	£21,405	-80.9%	£112,330	282%	£29,407	-45.1%	£53,604
	Miscellaneous Current Liabilities	£329,629	-12.7%	£377,682	-18.7%	£464,329	-45.8%	£856,600	-39.3%	£1,410,214
	Total Current Liabilities	£558,425	-12.5%	£638,206	-37.1%	£1,014,278	-23.9%	£1,332,112	-34.1%	£2,020,870
	Bank Loans & Overdrafts and LTL	£22,613	-14.1%	£26,328	-9.5%	£29,094	-27.3%	£40,000	-33.3%	£60,000
	Other Long Term Finance	0	-	0	-100%	£20,000	-50%	£40,000	-33.3%	£60,000
	Total Long Term Liabilities	£22,613	-14.1%	£26,328	-9.5%	£29,094	-27.3%	£40,000	-33.3%	£60,000

.

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Called Up Share Capital	£1,097,079	-	£1,097,079	-	£1,097,079	-	£1,097,079	-	£1,097,079
	P & L Account Reserve	£1,368,880	-37.2%	£2,178,115	-3.1%	£2,246,986	2.4%	£2,194,460	35%	£1,625,799
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£716,366	-	£716,366	-	£716,366	-	£716,366	-	£716,366
	Shareholder Funds	£3,182,325	-20.3%	£3,991,560	-1.7%	£4,060,431	1.3%	£4,007,905	16.5%	£3,439,244

Other Financial Items

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Net Worth	£3,182,325	-20.3%	£3,991,560	-1.7%	£4,060,431	1.3%	£4,007,905	16.5%	£3,439,244
	Working Capital	£2,752,907	-20.5%	£3,463,623	0.3%	£3,453,188	-0.2%	£3,460,128	16%	£2,982,633
	Total Assets	£3,763,363	-19.2%	£4,656,094	-8.8%	£5,103,803	-5.1%	£5,380,017	-2.5%	£5,520,114
	Total Liabilities	£581,038	-12.6%	£664,534	-36.3%	£1,043,372	-24%	£1,372,112	-34.1%	£2,080,870
	Net Assets	£3,182,325	-20.3%	£3,991,560	-1.7%	£4,060,431	1.3%	£4,007,905	16.5%	£3,439,244

Cash Flow

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	30/09/15	(%)	30/09/14	(%)	30/09/13	(%)	30/09/12
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
	Capital Employed	£3,204,938	-20.2%	£4,017,888	-1.8%	£4,089,525	1%	£4,047,905	15.7%	£3,499,244
	Number of Employees	32	-3%	33	-2.9%	34	-	34	9.7%	31
	Accountants
	Auditors	BDO LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	HSBC BANK PLC
	Bank Branch Code	40-18-55

Ratios

	Date Of Accounts	31/12/16	30/09/15	30/09/14	30/09/13	30/09/12
	Pre-tax profit margin %	-20.22	0.67	0.56	11.59	18.36
	Current ratio	5.93	6.43	4.40	3.60	2.48
	Sales/Net Working Capital	1.46	1.27	1.32	1.95	2.21
	Gearing %	0.70	0.70	0.70	1	1.70
	Equity in %	84.60	85.70	79.60	74.50	62.30
	Creditor Days	23.59	19.75	34.92	24.11	30.80
	Debtor Days	38.21	55.41	22.69	36.78	19.28
	Liquidity/Acid Test	3.03	3.13	2.30	2.12	1.48
	Return On Capital Employed %	-25.33	0.73	0.62	19.27	34.53
	Return On Total Assets Employed %	-21.57	0.63	0.50	14.50	21.89
	Current Debt Ratio	0.17	0.15	0.24	0.33	0.58
	Total Debt Ratio	0.18	0.16	0.25	0.34	0.60
	Stock Turnover Ratio %	40.23	47.68	46.77	29.11	30.27
	Return on Net Assets Employed %	-25.51	0.73	0.63	19.47	35.14

Status History

No Status History found

Event History View Documents

Date	Description
10/11/2017	Payment Data Update Received
26/10/2017	Confirmation Statement
25/10/2017	New Board Member Mr N. Shigemoto appointed
18/10/2017	H. Shima has left the board
18/10/2017	Dr D.N. Merton-Lyn has left the board
18/10/2017	New Board Member Mr S.F. Garantini appointed
19/09/2017	New Accounts Filed
09/09/2017	Payment Data Update Received
19/08/2017	Payment Data Update Received
07/03/2017	Payment Data Update Received
01/03/2017	Payment Data Update Received
08/01/2017	Payment Data Update Received
02/12/2016	Payment Data Update Received
12/11/2016	Annual Returns
29/05/2016	New Accounts Filed

Previous Company Names

Date	Previous Name
04/02/1987	FLOWERFIND LIMITED

Writ Details

No writs found

Statistics

Group	3 companies
Linkages	28 companies
Countries	In 4 countries

Summary

Holding Company	-
Ownership Status	Intermediately Owned
Ultimate Holding Company	OYO

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
OYO	N/A	31.12.2017	-	€394,078,152
OYO CORP. USA		-	-	$50,000,000
ROBERTSON GEOLOGGING...	02059684	31.12.2016	N	£4,016,088

Statistics

Group	3 companies
Linkages	28 companies
Countries	In 4 countries

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
ROBERTSON GEOLOGGING		-	$3,750,000
KINEMETRICS INC.		-	$10,000,000
ULTRAVISION SECURITY SYSTEMS, INC.		-	$540,000
OYO GEOSCIENCES CORPORATION		-
GEOPHYSICAL SURVEY SYSTEMS INC		-	$5,680,000
GEOMETRICS INC		-	$43,736,000
OYO LLC		-
N C S SUBSEA INC		-	$22,650,000
QUANTERRA INC.		-	$4,524,000
GEOMETRICS, INC.		-	$250,000
APPLIED EARTHQUAKE MEASURING		-
APPLIED GEO-TECHNICAL SERVICES		-
APPLIED MEASUREMENT SERVICES		-
APPLIED RESOURCE MANAGEMENT		-
BOWLING KITA AZUMA LTD		-
ES STRANDED COPPER CABLES, INC		-
GEOPHYSICAL SURVEY SYSTEM, INC		-
HIROSHI SAKAI CONSULTANTS INC		-
IRIS INSTRUMENTS SAS		-
NS ENVIRONMENT INC		-

Mortgage Details

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	17/02/09
Date Charge Registered:	21/02/09
Date Charge Satisfied:	30/03/10
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H PROPERTY K/A ROBERTSONS SITE, YORK ROAD, DEGANWY WITH THE BENEFIT OF ALL RIGHTS, LICENCES, GUARANTEES, RENT DEPOSITS, CONTRACTS, DEEDS UNDERTAKINGS & WARRANTIES RELATING TO THE PROPERTY. ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY. ANY GOODWILLOF ANY BUSINESS FROMTIME TO TIME CARRIED ON AT THE PROPERTY. ANY RENTAL & OTHER MONEY PAYABLE AND ANY LEGAL LICENCE OROTHER INTEREST CREATED IN RESPECT OF THE PROPERTY & ALL OTHER PAYMENTS WHATEVERIN RESPECT OF THE PROPERTY
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	24/05/06
Date Charge Registered:	26/05/06
Date Charge Satisfied:	30/03/10
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H 4 & 5 STATION ROAD DEGANWY ABERCONWY T/NO WA554245WITH THE BENEFIT OF ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES ORMEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIMETO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER ANY LEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	03/01/06
Date Charge Registered:	05/01/06
Date Charge Satisfied:	30/03/10
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H LAND AND BUILDINGS ON THE SOUTH OF YORK ROAD DEGANWY CONWY T/N WA664186WITH THE BENEFIT OF ALL RIGHTS LICENCESGUARANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATING TO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THEPROPERTY ANY GOODWILL OF ANY BUSINESS FROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLE UNDER ANYLEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	09/06/97
Date Charge Registered:	18/06/97
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL GOODWILL BOOKDEBTS AND PATENTS

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	06/01/93
Date Charge Registered:	09/01/93
Date Charge Satisfied:	20/05/11
Status:	SATISFIED
Person(s) Entitled:	BANK OF WALES PLC
Amount Secured:
Details:	ALL THAT F/H PROPERTY K/AS LAND SITUATED AT YORK ROAD,DEGANWYFLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	21/12/89
Date Charge Registered:	05/01/90
Date Charge Satisfied:	20/05/11
Status:	SATISFIED
Person(s) Entitled:	GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
Amount Secured:
Details:	ALL THAT F/H PROPERTY AND WORKSHOP AT THE REAR OF NO. 4 AND NO. 5 STATION ROAD,DEGANWY GWYNEDD

Mortgage Type:	DEBENTURE
Date Charge Created:	02/04/87
Date Charge Registered:	16/04/87
Date Charge Satisfied:	02/10/91
Status:	SATISFIED
Person(s) Entitled:	ROBERTSON RESEARCH ENGINEERING SERVICES LIMITED
Amount Secured:	STERLING POUNDS 226,700 AND ALL OTHER MONEYS DUE OR TO BECOME DUE FROM THE CO TO THE CHARGEE
Details:	LAND AND BUILDINGS TOGETHER WITH GARAGES ON SOUTHERN SIDE OF BACK YORK ROAD DEGANWY ALL FIXTURES PLANT AND MACHINERY.
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	02/04/87
Date Charge Registered:	16/04/87
Date Charge Satisfied:	20/05/11
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR & CO OF THE BANK OF SCOTLAND.
Amount Secured:
Details:	F/H PROPERTY K/A OR BEING LAND AND BUILDINGS AND GARAGES SITUATE AT BACK YORK ROAD DEGANWY GWYNEDD

Mortgage Type:	DEBENTURE
Date Charge Created:	09/03/87
Date Charge Registered:	14/03/87
Date Charge Satisfied:	20/05/11
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR & CO OF THE BANK OF SCOTLAND.
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 MACHINERY

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Anthony John Wright	0			2	0
Anthony John Wright	0			2	0
Derek Noel Merton-Lyn	0			1	0
Satoru Ohya	0			2	3
Kenji Tanaka	0			1	0
Hidehiko Ohkubo	0			2	0
Katsuhiko Kobayashi	0			1	0
Richard William Rees	0			1	1
Toru Goebuchi	0			1	0
Yasunori Shoji	0			1	0
Hiromasa Shima	0			1	0
Ko Sano	0			1	0
Tadashi Jimbo	0			1	0
Masami Nagase	0			1	0
Takashi Kanemori	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	Oyo Corporation	Kind	Corporate Entity With Significant Control
Address	Sumitomo Fudosan Kanda Building 9th Floor 7 Kanda-Mitoshiro-Cho, Chiyoda-Ku, Tokyo 101-8486	Notified On	06/04/2016
Post Code	-	Legal Form	Corporation
Authority	Companies Act No.86, 26-July-05	Place Registered	Tokyo Stock Exchange
Country Registered	Japan	Registration Number	9755
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

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 90.89

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

INFORMATION DETAILS

Analysis Done by :	PRA
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.