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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

508036

Report Date :

10.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

INDIAN OCEAN FOODS LTD

 

 

Registered Office :

1 Theobalds Park Road Enfield En2 9bd

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.07.2016

 

 

Date of Incorporation :

06.07.2017

 

 

Com. Reg. No.:

09671923

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Wholesale Of Other Food, Including Fish, Crustaceans And Molluscs

 

 

No. of Employees :

Not Available

 

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

D

 

Credit Rating

Explanation

Rating Comments

D

High Risk

Business dealing not recommended or on secured terms only

 

Status :

Dormant

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

NOTES :

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

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United Kingdom

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

UNITED KINGDOM - ECONOMIC OVERVIEW

 

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

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

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

 

Source : CIA

 


Company Name And Address

 

Company Name:           INDIAN OCEAN FOODS LTD

Company No:                09671923

Registered Address:      1 THEOBALDS PARK ROAD ENFIELD EN2 9BD

 

 

Company Summary

 

Registered Address      1 THEOBALDS PARK ROAD
ENFIELD
EN2 9BD

 

Trading Address          1 Theobalds Park Road
Enfield
Middlesex
EN2 9BD

 

Website Address          -

 

 

Telephone Number       -

 

Fax Number

 

TPS                              -

 

FPS                              Yes

 

Incorporation Date       06/07/2015

 

 

Previous Name

 

Type                             Private limited with Share Capital

 

FTSE Index                  -

 

Date of Change             -

 

Filing Date of

Accounts                      30/03/2017

 

Currency                      GBP

 

Share Capital               £1

 

SIC07                           46380

 

Charity Number                        -

 

SIC07 Description        WHOLESALE OF OTHER FOOD, INCLUDING FISH, CRUSTACEANS AND MOLLUSCS

 

Principal Activity          The company was dormant during y/e 31.07.16.

 

 

Additional Information

 

CCJ's               1 (£1,838)

 

04/10/2016        COUNTY COURT

BUSINESS CENTRE                  £1,838              Satisfied

-                       -                                               -                       -

-                       -                                               -                       -

Ultimate Holding Company      -

Accountant                               -

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

31/07/2016        -                       -                                   -                                   -                        

-                       -                       -                                   -                                   -                        

-                       -                       -                                   -                                  -

 

 

Mortgage Summary

 

Total Mortgage 0

Outstanding     0

Satisfied           0

 

 

 

Trade Debtors / Bad Debt Summary

 

Total Number of Documented Trade     0

Total Value of Documented Trade        £0

 

 

Commentary

 

No comments to display

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

1

Total Value of Satisfied CCJs -

£1,838

Total Number of Writs -

-

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Show More

Total Current Directors

1

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

1

Total Person's With Significant Control

1

 

 

Current Directors

 

Title

Mrs

Function

Director

Name

Anojini Arunraj

Nationality

British

Date of Birth

04/1986

Present Appointments

1

Latest Address

1 Theobalds Park Road, Enfield

Appointment Date

01/01/2016

Post Code

EN2 9BD

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

ANOJINI ARUNRAJ

GBP

1

ORDINARY

1

100

1

 

 

Financials

 

Profit & Loss

Date Of Accounts

31/07/16

(%)

-

(%)

-

(%)

-

(%)

-

Weeks

52

(%)

-

(%)

-

(%)

-

(%)

-

Currency

GBP

(%)

-

(%)

-

(%)

-

(%)

-

Consolidated A/cs

N

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Turnover

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Export

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Cost of Sales

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Gross Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Wages & Salaries

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Directors Emoluments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Operating Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Depreciation

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Audit Fees

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Interest Payments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Taxation

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Profit After Tax

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Retained Profit

-

-

-

-

-

-

-

-

-

Balance Sheet

Date Of Accounts

31/07/16

(%)

-

(%)

-

(%)

-

(%)

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Tangible Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Intangible Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Total Fixed Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Stock

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Trade Debtors

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Cash

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Other Debtors

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Miscellaneous Current Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Total Current Assets

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Trade Creditors

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Bank Loans & Overdrafts

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Other Short Term Finance

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Miscellaneous Current Liabilities

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Total Current Liabilities

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Bank Loans & Overdrafts and LTL

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Other Long Term Finance

0

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Total Long Term Liabilities

0

-

-

-

-

-

-

-

-

.

Miscellaneous

Date Of Accounts

31/07/16

(%)

-

(%)

-

(%)

-

(%)

-

Contingent Liability

NO

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Capital Employed

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Number of Employees

-

-

-

-

-

-

-

-

-

Accountants

Auditors

Auditor Comments

The company is exempt from audit

Bankers

Bank Branch Code

 

Ratios

Date Of Accounts

31/07/16

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Pre-tax profit margin %

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Current ratio

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Sales/Net Working Capital

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Gearing %

0

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Equity in %

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Creditor Days

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Debtor Days

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Liquidity/Acid Test

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Return On Capital Employed %

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Return On Total Assets Employed %

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Current Debt Ratio

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Total Debt Ratio

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Stock Turnover Ratio %

-

-

-

-

-

Description: \\vivek-pc\e\Indian Ocean Foods Ltd_files\barchart-grey.png

Return on Net Assets Employed %

-

-

-

-

-

 

Event History View Documents

Date

Description

04/04/2017

Confirmation Statement

03/04/2017

New Accounts Filed

29/08/2016

Change in Reg.Office

29/08/2016

Change of Company Postcode

13/03/2016

Annual Returns

01/02/2016

Mr S. Sathiyadurai has left the board

01/02/2016

New Board Member Mrs A. Arunraj appointed

27/11/2015

Change in Reg.Office

27/11/2015

Change of Company Postcode

08/07/2015

New Board Member Mr S. Sathiyadurai appointed

 

 

Previous Company Names

 

No Previous Names found

 

 

Writ Details

 

No writs found

 

 

Statistics

 

Group

-

Linkages

0 companies

Countries

In 0 countries

 

 

Summary

 

Holding Company

-

Ownership Status

Ultimate Holding Company

-

 

Group Structure Full

 

No Group Structure

 

Statistics

Group

0 companies

Linkages

0 companies

Countries

In 0 countries

 

Exact CCJ Details

Date

Court

Amount

Status

Case Number

Date Paid

04/10/2016

COUNTY COURT BUSINESS CENTRE

£1,838

Satisfied

C1QZ1A7G

09/06/2017

 

Possible CCJs Details

Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

There are no possible CCJ details

 

Previous Director/Company Secretaries

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

Saranjan Sathiyadurai

4

2

0

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Mrs Anojini Arunraj

Kind

Individual Person With Significant Control

Address

1 Theobalds Park Road, Enfield

Country Of Residence

England

Post Code

EN2 9BD

Nationality

British

Date of Birth

04/1986

Notified On

08/03/2017

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 67.38

UK Pound

1

INR 91.09

Euro

1

INR 79.75

GBP

1

INR 90.99

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

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.