MIRA INFORM REPORT

Report No. :	508733
Report Date :	11.05.2018

IDENTIFICATION DETAILS

Name :	TWIFLEX LIMITED
Formerly Known As :	TWIFLEX COUPLINGS LIMITED
Registered Office :	C/O Bibby Transmissions, Cannon Way, Dewsbury, West Yorks, Wf13 1eh
Country :	United Kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	14.02.1946
Com. Reg. No.:	00404531
Legal Form :	Private limited with Share Capital
Line of Business :	The manufacture of industrial disc brakes, clutches and shafts.
No. of Employees :	70

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 :	No Complaints
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: TWIFLEX LIMITED

Company No: 00404531

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: CANNON WAYDEWSBURYWEST YORKSWF13 1EH

Company Name

TWIFLEX LIMITED

Company Number

00404531

Company Summary

Registered Address C/O BIBBY TRANSMISSIONS
CANNON WAY
DEWSBURY
WEST YORKS
WF13 1EH

Trading Address Cannon Way
Dewsbury
West Yorkshire
WF13 1EH

Trading Address Ampthill Road, Bedford,

ME42 9RD, England,

United Kingdom

Website Address http://www.twiflex.com

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 14/02/1946

Previous Name TWIFLEX COUPLINGS LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 22/07/1985

Filing Date of Accounts 15/09/2017

Currency GBP

Share Capital £100

SIC07 32990

Charity Number -

SIC07 Description OTHER MANUFACTURING N.E.C.

Principal Activity The manufacture of industrial disc brakes, clutches and shafts.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 4

Trade Debtors -

Group 20 companies

Linkages 192 companies

Countries In 11 countries

Key Financials

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

31/12/2016 £12,458,000 £2,204,000 £4,008,000 70

31/12/2015 £12,579,000 £2,291,000 £4,942,000 69

31/12/2014 £14,959,000 £4,358,000 £5,584,000 70

Mortgage Summary

Total Mortgage 4

Outstanding 2

Satisfied 2

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 2

Total Value of Documented Trade £2,019

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 highly efficient use of assets.

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

The company has more cash than short term bank borrowings.

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 -	-

Back to Top

Show More

Total Current Directors	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	25	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Carl Richard Christenson	Nationality	American
Date of Birth	06/1959	Present Appointments	17
Latest Address	25 Surfside Road, Scituate, Ma 02066	Appointment Date	10/02/2006
Post Code
Title	Mr	Function	Director
Name	Christian Storch	Nationality	German
Date of Birth	01/1960	Present Appointments	18
Latest Address	12 Preston Square, Quincy, Massachusetts Ma 02171	Appointment Date	12/12/2007
Post Code

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Richard Ian Laws	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Cannon Way, Dewsbury, West Yorks	Appointment Date	04/11/2013
Post Code	WF13 1EH

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
HAY HALL GROUP LTD	GBP	100	ORDINARY	1	100
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
	Turnover	£12,458,000	-1%	£12,579,000	-15.9%	£14,959,000	-8.5%	£16,350,000	4.5%	£15,642,000
	Export	£10,581,000	-1.4%	£10,730,000	-14%	£12,474,000	-11%	£14,018,000	6.1%	£13,217,000
	Cost of Sales	£7,492,000	-5.4%	£7,921,000	-4.9%	£8,331,000	-7.8%	£9,039,000	3.2%	£8,757,000
	Gross Profit	£4,966,000	6.6%	£4,658,000	-29.7%	£6,628,000	-9.3%	£7,311,000	6.2%	£6,885,000
	Wages & Salaries	£3,140,000	9.6%	£2,865,000	-2.8%	£2,948,000	0.5%	£2,932,000	-1.4%	£2,974,000
	Directors Emoluments	-	-	-	-	-	-	-	-	-
	Operating Profit	£2,166,000	-1.1%	£2,191,000	-49%	£4,300,000	-13.6%	£4,977,000	13.3%	£4,394,000
	Depreciation	£329,000	16.7%	£282,000	4.4%	£270,000	8%	£250,000	17.9%	£212,000
	Audit Fees	£20,000	-	£20,000	-	£20,000	-	£20,000	-	£20,000
	Interest Payments	-	-	-	-	-	-	-	-100%	£56,000
	Pre Tax Profit	£2,204,000	-3.8%	£2,291,000	-47.4%	£4,358,000	-13.2%	£5,022,000	12.7%	£4,455,000
	Taxation	-£438,000	-1.2%	-£433,000	52.9%	-£920,000	19.5%	-£1,143,000	-5.2%	-£1,087,000
	Profit After Tax	£1,766,000	-5%	£1,858,000	-46%	£3,438,000	-11.4%	£3,879,000	15.2%	£3,368,000
	Dividends Payable	£2,700,000	8%	£2,500,000	-47.9%	£4,800,000	-	-	-100%	£1,805,000
	Retained Profit	-£934,000	-45.5%	-£642,000	52.9%	-£1,362,000	-135.1%	£3,879,000	148.2%	£1,563,000

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£1,692,000	-10.3%	£1,887,000	16.2%	£1,624,000	11.3%	£1,459,000	-8.6%	£1,597,000
	Intangible Assets	0	-	0	-	0	-	0	-	0
	Total Fixed Assets	£1,692,000	-10.3%	£1,887,000	16.2%	£1,624,000	11.3%	£1,459,000	-8.6%	£1,597,000
	Stock	£1,671,000	54.6%	£1,081,000	-10.1%	£1,203,000	-2.4%	£1,232,000	-29%	£1,734,000
	Trade Debtors	£1,967,000	121.8%	£887,000	-52.4%	£1,864,000	-9.8%	£2,066,000	-3.1%	£2,132,000
	Cash	£2,831,000	-0.6%	£2,849,000	-2.6%	£2,925,000	-43.9%	£5,211,000	108.5%	£2,499,000
	Other Debtors	£876,000	-54.2%	£1,911,000	-20.3%	£2,398,000	33.1%	£1,802,000	363.2%	£389,000
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£7,345,000	9.2%	£6,728,000	-19.8%	£8,390,000	-18.6%	£10,311,000	52.7%	£6,754,000
	Trade Creditors	£1,657,000	98.9%	£833,000	-38.1%	£1,345,000	0.1%	£1,343,000	19.9%	£1,120,000
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£1,719,000	-1.4%	£1,744,000	-4.1%	£1,818,000	-13.1%	£2,093,000	-22.2%	£2,691,000
	Miscellaneous Current Liabilities	£800,000	126%	£354,000	-55.1%	£788,000	-22.7%	£1,020,000	5.7%	£965,000
	Total Current Liabilities	£4,176,000	42.5%	£2,931,000	-25.8%	£3,951,000	-11.3%	£4,456,000	-6.7%	£4,776,000
	Bank Loans & Overdrafts and LTL	£853,000	15%	£742,000	54.9%	£479,000	30.2%	£368,000	-27.6%	£508,000
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	£853,000	15%	£742,000	54.9%	£479,000	30.2%	£368,000	-27.6%	£508,000

.

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£2,285,000	-	£2,285,000	-	£2,285,000	-	£2,285,000	-	£2,285,000
	P & L Account Reserve	£1,723,000	-35.2%	£2,657,000	-19.5%	£3,299,000	-29.2%	£4,661,000	496%	£782,000
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	-	-	-	-	-	-	-	-	-
	Shareholder Funds	£4,008,000	-18.9%	£4,942,000	-11.5%	£5,584,000	-19.6%	£6,946,000	126.5%	£3,067,000

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£4,008,000	-18.9%	£4,942,000	-11.5%	£5,584,000	-19.6%	£6,946,000	126.5%	£3,067,000
	Working Capital	£3,169,000	-16.5%	£3,797,000	-14.5%	£4,439,000	-24.2%	£5,855,000	196%	£1,978,000
	Total Assets	£9,037,000	4.9%	£8,615,000	-14%	£10,014,000	-14.9%	£11,770,000	40.9%	£8,351,000
	Total Liabilities	£5,029,000	36.9%	£3,673,000	-17.1%	£4,430,000	-8.2%	£4,824,000	-8.7%	£5,284,000
	Net Assets	£4,008,000	-18.9%	£4,942,000	-11.5%	£5,584,000	-19.6%	£6,946,000	126.5%	£3,067,000

Cash Flow

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

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
	Capital Employed	£4,861,000	-14.5%	£5,684,000	-6.3%	£6,063,000	-17.1%	£7,314,000	104.6%	£3,575,000
	Number of Employees	70	1.4%	69	-1.4%	70	-	70	-1.4%	71
	Accountants
	Auditors	BDO LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
	Pre-tax profit margin %	17.69	18.21	29.13	30.72	28.48
	Current ratio	1.76	2.30	2.12	2.31	1.41
	Sales/Net Working Capital	3.93	3.31	3.37	2.79	7.91
	Gearing %	21.30	15	8.60	5.30	16.60
	Equity in %	44.40	57.40	55.80	59	36.70
	Creditor Days	48.41	24.10	32.72	29.89	26.06
	Debtor Days	57.47	25.66	45.35	45.99	49.61
	Liquidity/Acid Test	1.35	1.92	1.81	2.03	1.05
	Return On Capital Employed %	45.34	40.30	71.87	68.66	124.61
	Return On Total Assets Employed %	24.38	26.59	43.51	42.66	53.34
	Current Debt Ratio	1.04	0.59	0.70	0.64	1.55
	Total Debt Ratio	1.25	0.74	0.79	0.69	1.72
	Stock Turnover Ratio %	13.41	8.59	8.04	7.53	11.08
	Return on Net Assets Employed %	54.99	46.35	78.04	72.30	145.25

Report Notes

Success!

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
15/01/2018	Confirmation Statement
27/09/2017	New Accounts Filed
09/01/2017	Annual Returns
10/10/2016	New Accounts Filed
18/03/2016	Payment Data Update Received
08/01/2016	Annual Returns
19/09/2015	New Accounts Filed
19/09/2015	New Accounts Filed
11/01/2015	Annual Returns
01/10/2014	New Accounts Filed
10/01/2014	Annual Returns
07/11/2013	Mr G. Varga has resigned as company secretary
07/11/2013	New Company Secretary Mr R.I. Laws appointed
20/09/2013	New Accounts Filed
12/01/2013	Annual Returns

Previous Company Names

Date	Previous Name
22/07/1985	TWIFLEX COUPLINGS LIMITED

Writ Details

No writs found

Statistics

Group	20 companies
Linkages	192 companies
Countries	In 11 countries

Summary

Holding Company	ALTRA INDUSTRIAL MOTION UK LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	ALTRA INDUSTRIAL MOTION CORP

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
ALTRA INDUSTRIAL MOTION...		-	-
ALTRA INDUSTRIAL MOTIO...	52058158	31.12.2016	N
ALTRA INDUSTRIAL MOT...	03897757	31.12.2016	N
HAY HALL HOLDINGS...	04895052	31.12.2016	N
ALTRA INDUSTRIAL...	03141672	31.12.2016	N
STROMAG UK LIMITED	00888808	31.12.2016	N	£2,331,000
BAUER GEAR MOTO...	07575401	31.12.2016	N	£2,196,000
BIBBY GROUP LIM...	03198843	31.12.2016	N
BIBBY TRANSMI...	00158829	31.12.2016	N	£8,187,000
TURBOFLEX L...	00839728	31.12.2016	N
TORSIFLEX...	00983238	31.12.2016	N
HUCO POWER TRAN...	03323696	31.12.2016	N
HUCO ENGINEER...	00836225	31.12.2016	N	£5,506,000
DYNATORK LI...	02107032	31.12.2016	N
DYNATORK AI...	04504970	31.12.2016	N
MATRIX INTERNAT...	03690656	31.12.2016	N	£14,939,000
TWIFLEX LIMITED	00404531	31.12.2016	N	£12,458,000
SAFTEK LIMITED	04443916	31.12.2016	N
WARNER ELECTRIC UK...	03897741	31.12.2016	N
WICHITA COMPANY L...	03897701	31.12.2016	N

Statistics

Group	20 companies
Linkages	192 companies
Countries	In 11 countries

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
G.K.N. INDUSTRIES LIMITED	00032262	31.12.2016
GKN SEK INVESTMENTS LIMITED	01071569	31.12.2016
GKN AUTOMOTIVE LIMITED	00034104	31.12.2016	£47,780,000
GKN HOLDINGS PLC	00066549	31.12.2016	£8,822,000,000
GKN USD INVESTMENTS LIMITED	00394430	31.12.2016
GKN AEROSPACE SERVICES LIMITED	00355922	31.12.2016	£786,804,000
G.K.N. GROUP SERVICES LIMITED	00462420	31.12.2016	£43,335,000
GKN HOLDINGS DEUTSCHLAND GMBH	HRB 9848	31.12.2016
G K N SANKEY LIMITED	00074901	31.12.2016
GKN DRIVELINE MEXICO (UK) LIMITED	00361671	31.12.2016	£364,506,561
GKN PLC	04191106	31.12.2017	£9,671,000,000
GKN DRIVELINE BIRMINGHAM LIMITED	00121799	31.12.2016	£195,590,000
GKN AUTOSTRUCTURES LIMITED	00600230	31.12.2016	£34,071,000
GKN EURO INVESTMENTS LIMITED	00602991	31.12.2016
GKN WHEELS LIMITED	00751186	31.12.2016	£22,417,000
GKN DRIVELINE INTERNATIONAL GMBH	HRB 2117	31.12.2016	€87,254,040
GKN WHEELS NAGBØL A/S	19879712	31.12.2016	426,168,226 KR
GKN AUTOMOTIVE	306771940	31.12.2016	€175,000
GKN DRIVELINE DEUTSCHLAND GMBH	HRB 2171	31.12.2016	€696,982,996
GKN SINTER METALS HOLDINGS LIMITED	00347378	31.12.2016

Mortgage Details

Mortgage Type:	RENT DEPOSIT
Date Charge Created:	26/08/10
Date Charge Registered:	08/09/10
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	G N BURGESS PROPERTIES LIMITED
Amount Secured:	£8,812.50 DUE OR TO BECOME DUE FROM THECOMPANY TO THE CHARGEE
Details:	CHARGES THE DEPOSIT (£8,812.50) SEE IMAGE FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	08/03/07
Date Charge Registered:	10/03/07
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
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 GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	DEBENTURE
Date Charge Created:	07/07/00
Date Charge Registered:	28/07/00
Date Charge Satisfied:	27/01/06
Status:	SATISFIED
Person(s) Entitled:	MITHRAS INVESTMENT TRUST (AS FACILITY AGENT) AS AGENT FOR ITSELF AND THE OTHER SECURED PARTIES
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
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
Mortgage Type:	DEBENTURE
Date Charge Created:	23/06/00
Date Charge Registered:	11/07/00
Date Charge Satisfied:	15/02/06
Status:	SATISFIED
Person(s) Entitled:	THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
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 GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Creditor Details

	Total Number	Total Value
Trade Creditors	0	-
No Creditor Data

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	2	£2,019
Company Name		Amount	Statement Date
M B Supply Company Limited		£1,793	09/03/2011
Citadel Engineering Supplies Limited		£226	09/11/2010

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Graham Varga	0	1	0
Richard Norman Marchant	2	55	131
Richard Norman Marchant	2	55	131
Ian Alexander Duncan	3	41	59
John David Sinclair Stark	0	12	7
John Thomas Starbuck	0	2	6
Roger Charles Baker	0	1	2
Alan Spenner Hughes	0	1	0
Richard William Watkins	0	1	0
Peter Wood	0	1	0
Philip Nigel Baldrey	4	29	26
Philip Nigel Baldrey	4	29	26
Denise Patricia MacAfee	4	99	225
Richard Bowes	0	1	0
Jonathan Peter Cooksley	0	1	0
Roger Leonard Burdett	1	35	43
Mark Brown Mulholland	0	1	1
Stephen Telfer	0	1	0
David John Sewell	0	2	1
David Anthony Hugh Rodger	0	14	7
Paul David Houghton	0	9	9
Penelope Ann Turvey	0	16	3
David Alan Wall	0	16	0
Ronald C Jones	0	2	0
Ronald C Jones	0	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	The Hay Hall Group Limited	Kind	Corporate Entity With Significant Control
Address	C/O Bibby Transmissions Ltd Cannon Way, Dewsbury, West Yorkshire	Notified On	01/01/2017
Post Code	WF13 1EH	Legal Form	Limited Company
Authority	Uk Companies Act	Place Registered	Companies House
Country Registered	England	Registration Number	3141672
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors As Firm

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 67.38
UK Pound	1	INR 91.39
Euro	1	INR 79.89
GBP	1	INR 91.28

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

INFORMATION DETAILS

Analysis Done by :	DIV
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.