MIRA INFORM REPORT

Report No. :	509777
Report Date :	19.05.2018

IDENTIFICATION DETAILS

Name :	EJ UK FABRICATION & ACCESS SOLUTIONS LIMITED
Formerly Known As :	PETER SAVAGE LIMITED
Registered Office :	Liberty House Liberty Business Park Attleborough Nuneaton CV11 6RZ
Country :	United kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	02.08.1976
Com. Reg. No.:	01271357
Legal Form :	Private limited with Share Capital
Line of Business :	· Manufacture of other fabricated metal products n.e.c. · The design, manufacture, sourcing, stocking, and distribution of a range of access covers, and gratings for the construction industry, supplemented by the procurement and distribution of a range of associated bought-in products.
No. of Employees :	84 (2016)

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

EJ UK FABRICATION & ACCESS SOLUTIONS LIMITED

LIBERTY HOUSE LIBERTY BUSINESS PARK ATTLEBOROUGH NUNEATON CV11 6RZ

Company No.

01271357

Company Status

Active - Accounts Filed

Company Summary

Registered Address LIBERTY HOUSE
LIBERTY BUSINESS PARK
ATTLEBOROUGH NUNEATON
CV11 6RZ

Trading Address Liberty House
Liberty Way
Attleborough Fields Ind Estate
Nuneaton, Warwickshire
CV11 6RZ

Website Address http://www.peter-savage.co.uk

Telephone Number 02476641777

Fax Number 02476375250

TPS No

FPS Yes

Incorporation Date 02/08/1976

Previous Name PETER SAVAGE LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 30/06/2017

Filing Date of Accounts 21/04/2017

Currency GBP

Share Capital £100

SIC07 25990

Charity Number -

SIC07 Description MANUFACTURE OF OTHER FABRICATED METAL PRODUCTS N.E.C.

Principal Activity The design, manufacture, sourcing, stocking, and distribution of a range of access covers, and gratings for the construction industry, supplemented by the procurement and distribution of a range of associated bought-in products.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company EJ GROUP INC

Accountant -

Mortgages 13

Trade Debtors -

Group 10 companies

Linkages 12 companies

Countries In 4 countries

Key Financials

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

31/12/2016 £16,288,443 £368,221 £4,415,103 84

31/12/2015 £15,848,666 £572,532 £3,955,860 89

31/12/2014 £16,669,739 £605,066 £6,361,134 83

Mortgage Summary

Total Mortgage 13

Outstanding 1

Satisfied 12

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 7

Total Value of Documented Trade £32,457

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 medium percentage of invoices.

The company has more cash than short term bank borrowings.

This company trades in an industry with a higher 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	5	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	13	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Paul John Smith	Nationality	British
Date of Birth	07/1967	Present Appointments	3
Latest Address	14 Buchan Close, Galley Common, Nuneaton, Warwickshire	Appointment Date	01/09/2000
Post Code	CV10 9RR
Title	Mrs	Function	Director
Name	Susan Jane Hodgson	Nationality	British
Date of Birth	09/1963	Present Appointments	3
Latest Address	235 College Street, Nuneaton, Warwickshire	Appointment Date	18/08/2004
Post Code	CV10 7BL

Title	Mr	Function	Director
Name	Philippe Cavaille	Nationality	French
Date of Birth	06/1970	Present Appointments	4
Latest Address	Ej Picardie Z.i De Marivaux, Saint Crepin Ibouvillers	Appointment Date	16/07/2015
Post Code	60149
Title	Mr	Function	Director
Name	Andrew James Malpass	Nationality	American
Date of Birth	01/1973	Present Appointments	4
Latest Address	301 Spring Street, East Jordan, Michigan	Appointment Date	16/07/2015
Post Code

Title	Mr	Function	Director
Name	Tracy Kevin Malpass	Nationality	American
Date of Birth	08/1955	Present Appointments	4
Latest Address	301 Spring Street, East Jordan, Michigan	Appointment Date	16/07/2015
Post Code

Current Company Secretary

Title	Mrs	Function	Company Secretary
Name	Susan Jane Hodgson	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Liberty House, Liberty Business Park, Attleborough Nuneaton, Warwickshire	Appointment Date	08/01/2016
Post Code	CV11 6RZ

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
EUROPEAN DRAINAGE SYSTEMS HOLDINGS LTD	GBP	100	ORDINARY	1	100

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	£16,288,443	2.8%	£15,848,666	-4.9%	£16,669,739	3.3%	£16,131,684	7.4%	£15,019,174
	Export	£605,576	34.1%	£451,568	-12%	£512,902	31.3%	£390,589	2.3%	£381,766
	Cost of Sales	£12,917,141	4.1%	£12,403,992	-5%	£13,050,189	-	-	-	-
	Gross Profit	£3,371,302	-2.1%	£3,444,674	-4.8%	£3,619,550	-	-	-	-
	Wages & Salaries	£2,297,279	-10.1%	£2,556,115	0.3%	£2,548,923	3.5%	£2,462,195	3.3%	£2,382,501
	Directors Emoluments	£135,273	-19.4%	£167,840	-21.3%	£213,210	5%	£203,146	2.8%	£197,592
	Operating Profit	£410,001	-35.1%	£631,871	-5.8%	£670,656	-12.3%	£764,307	8.5%	£704,467
	Depreciation	£172,662	-0.3%	£173,230	-27%	£237,332	-2.7%	£243,935	-8.3%	£265,980
	Audit Fees	£22,050	-9.1%	£24,260	48.7%	£16,310	5.9%	£15,400	14.9%	£13,400
	Interest Payments	£42,106	-29.2%	£59,432	-13.3%	£68,567	-10.2%	£76,337	-6.4%	£81,537
	Pre Tax Profit	£368,221	-35.7%	£572,532	-5.4%	£605,066	-12.1%	£688,271	999.9%	-£53,427
	Taxation	£91,022	198.7%	-£92,198	28.9%	-£129,635	6.3%	-£138,295	-999.9%	£14,960
	Profit After Tax	£459,243	-4.4%	£480,334	1%	£475,431	-13.6%	£549,976	999.9%	-£38,467
	Dividends Payable	-	-100%	£2,885,606	999.9%	£175,000	75%	£100,000	12.9%	£88,590
	Retained Profit	£459,243	119.1%	-£2,405,272	-900.6%	£300,431	-33.2%	£449,976	454.2%	-£127,057

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£424,356	-5.2%	£447,447	-5.1%	£471,268	-86.7%	£3,554,759	-2.6%	£3,647,794
	Intangible Assets	£36,278	-36.2%	£56,822	-26.6%	£77,366	80.3%	£42,910	-	0
	Total Fixed Assets	£460,634	-8.7%	£504,269	-8.1%	£548,634	-84.8%	£3,597,669	-1.4%	£3,647,794
	Stock	£4,111,397	9.7%	£3,746,518	0.2%	£3,739,761	1.9%	£3,670,061	27.9%	£2,869,097
	Trade Debtors	£3,163,259	8.6%	£2,911,635	-14.7%	£3,412,594	-0.4%	£3,424,838	11.3%	£3,076,128
	Cash	£355,061	-56.2%	£810,925	575.8%	£119,993	130.3%	£52,092	-83.5%	£315,779
	Other Debtors	£378,437	-32.8%	£563,212	-83.5%	£3,422,443	518.3%	£553,530	4.8%	£527,989
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£8,008,154	-0.3%	£8,032,290	-24.9%	£10,694,791	38.9%	£7,700,521	13.4%	£6,788,993
	Trade Creditors	£2,036,888	37.8%	£1,478,117	-14.6%	£1,730,883	1.2%	£1,709,860	-17.6%	£2,075,308
	Bank Loans & Overdrafts	0	-	0	-100%	£2,516,878	-9.2%	£2,773,233	12.5%	£2,464,108
	Other Short Term Finance	£1,527,820	-43.7%	£2,714,379	-	0	-100%	£159,500	-	0
	Miscellaneous Current Liabilities	£488,977	28.1%	£381,706	-39.8%	£634,530	6.7%	£594,894	110.3%	£282,935
	Total Current Liabilities	£4,053,685	-11.4%	£4,574,202	-6.3%	£4,882,291	-6.8%	£5,237,487	8.6%	£4,822,351
	Bank Loans & Overdrafts and LTL	0	-100%	£6,497	-99.7%	£2,516,878	-9.2%	£2,773,233	12.4%	£2,467,817
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	0	-100%	£6,497	-	0	-	0	-100%	£3,709

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£100	-	£100	-	£100	-	£100	-	£100
	P & L Account Reserve	£4,415,003	11.6%	£3,955,760	-37.8%	£6,361,034	5%	£6,060,603	8%	£5,610,627
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	-	-	-	-	-	-	-	-	-
	Shareholder Funds	£4,415,103	11.6%	£3,955,860	-37.8%	£6,361,134	5%	£6,060,703	8%	£5,610,727

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£4,378,825	12.3%	£3,899,038	-38%	£6,283,768	4.4%	£6,017,793	7.3%	£5,610,727
	Working Capital	£3,954,469	14.4%	£3,458,088	-40.5%	£5,812,500	136%	£2,463,034	25.2%	£1,966,642
	Total Assets	£8,468,788	-0.8%	£8,536,559	-24.1%	£11,243,425	-0.5%	£11,298,190	8.3%	£10,436,787
	Total Liabilities	£4,053,685	-11.5%	£4,580,699	-6.2%	£4,882,291	-6.8%	£5,237,487	8.5%	£4,826,060
	Net Assets	£4,415,103	11.6%	£3,955,860	-37.8%	£6,361,134	5%	£6,060,703	8%	£5,610,727

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	YES	-	YES
	Capital Employed	£4,415,103	11.4%	£3,962,357	-37.7%	£6,361,134	5%	£6,060,703	7.9%	£5,614,436
	Number of Employees	84	-5.6%	89	7.2%	83	-1.2%	84	-	84
	Accountants
	Auditors	CROWE CLARK WHITEHILL LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	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 %	2.26	3.61	3.63	4.27	-0.36
	Current ratio	1.98	1.76	2.19	1.47	1.41
	Sales/Net Working Capital	4.12	4.58	2.87	6.55	7.64
	Gearing %	0	0.20	39.60	45.80	44
	Equity in %	52.40	46.70	57	53.80	53.80
	Creditor Days	45.51	33.94	37.79	38.58	50.29
	Debtor Days	70.68	66.87	74.51	77.27	74.55
	Liquidity/Acid Test	0.96	0.93	1.42	0.76	0.81
	Return On Capital Employed %	8.34	14.44	9.51	11.35	-0.95
	Return On Total Assets Employed %	4.34	6.70	5.38	6.09	-0.51
	Current Debt Ratio	0.91	1.15	0.76	0.86	0.85
	Total Debt Ratio	0.91	1.15	0.76	0.86	0.86
	Stock Turnover Ratio %	25.24	23.63	22.43	22.75	19.10
	Return on Net Assets Employed %	8.34	14.47	9.51	11.35	-0.95

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
10/01/2018	Payment Data Update Received
15/12/2017	Confirmation Statement
04/07/2017	Change of Name
28/04/2017	Payment Data Update Received
27/04/2017	New Accounts Filed
27/04/2017	New Accounts Filed
01/04/2017	Payment Data Update Received
17/12/2016	Annual Returns
22/10/2016	Payment Data Update Received
12/08/2016	New Accounts Filed
12/08/2016	New Accounts Filed
11/02/2016	New Company Secretary Mrs S.J. Hodgson appointed
12/01/2016	Annual Returns
18/08/2015	New Accounts Filed
17/08/2015	Mrs S.J. Hodgson has resigned as company secretary

Previous Company Names

Date	Previous Name
30/06/2017	PETER SAVAGE LIMITED
29/09/1989	PETER SAVAGE IRON & STEEL COMPANY LIMITED

Writ Details

No writs found

Statistics

Group	10 companies
Linkages	12 companies
Countries	In 4 countries

Summary

Holding Company	EUROPEAN DRAINAGE SYSTEMS HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	EJ GROUP INC

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
EJ GROUP INC	N/A	-	-
EJ EMEA	592029425	31.12.2016	N	€3,131,357
EJ UK FABRICATION &...	00640135	31.12.2016	Y	£18,686,865
EUROPEAN DRAINAGE...	03676958	31.12.2016	N
EJ UK FABRICATION...	01271357	31.12.2016	N	£16,288,443
INTEGRATED DUCTIN...	05035217	31.12.2016	N
PETER SAVAGE LIMITED	06550875	31.12.2016	N
EJ EMEA	592029425	31.12.2016	N	€3,131,357
MEWSDALE LIMITED	IE327110	31.12.2017	N
EJ IRELAND ACCESS...	IE062706	31.12.2017	N	€15,958,838

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
EJ PICARDIE	382017143	31.12.2016	€100,256,415
CROMETAL	562086967	31.12.2016
EJ ARDENNES	330608191	31.12.2016	€8,900,243
EJ DEUTSCHLAND GMBH	HRB 2137	31.12.2016	€13,549,611
EJ ITALIA S.R.L.	RM706083	31.12.2016	€13,890,632
EJ FRANCE	305775843	31.12.2016	€62,208,554
EAST JORDAN EUROPE HOLDINGS SAS	478627698	31.12.2016	€1,386,568
EJ DEUTSCHLAND GMBH	HRB 95373 B	31.12.2015
EAST JORDAN IRON WORKS		-
EJ EUROPE LLC		-
EJ GROUP INCORPORATED		-	$100,000,000
EJ ASIA-PACIFIC, INC.		-

Mortgage Details

Mortgage Type:	LEGAL ASSIGNMENT
Date Charge Created:	22/09/10
Date Charge Registered:	24/09/10
Date Charge Satisfied:	14/01/17
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	ANY CREDIT BALANCE DUE TO THE COMPANY UNDER CONDITION 13 OF THE AGREEMENT FOR THE PURCHASE OF DEBTS AND ANY DISCOUNTINGALLOWANCE DUE UNDER THE CONTRACT THE BENEFIT OF ALL THE OTHER PROVISIONS OF THECONTRACT AND ALL SECURITIES IN RESPECT OF THAT CREDIT BALANCE
Mortgage Type:	FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST
Date Charge Created:	11/10/06
Date Charge Registered:	13/10/06
Date Charge Satisfied:	16/12/16
Status:	SATISFIED
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER);
Amount Secured:
Details:	BY WAY OF FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO ANAGREEMENT FOR THE PURCHASE OF DEBTS BETWEEN THE SECURITY HOLDER AND THE COMPANY(INCLUDING ASSOCIATED RIGHTS RELATING THERETO) WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE SECURITY HOLDER FOR ANY REASON

Mortgage Type:	FLOATING CHARGE (ALL ASSETS)
Date Charge Created:	11/10/06
Date Charge Registered:	13/10/06
Date Charge Satisfied:	14/01/17
Status:	SATISFIED
Person(s) Entitled:	HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER);
Amount Secured:
Details:	BY WAY OF FLOATING CHARGE ALL THE UNDERTAKING OF THE COMPANY AND ALL ASSETS WHATSOEVER AND WHERESOEVER INCLUDING STOCK IN TRADE AND UNCALLED CAPITAL BUT EXCLUDING ANY DEBTS AND ASSOCIATED RIGHTS RELATING THERETO
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	13/09/06
Date Charge Registered:	14/09/06
Date Charge Satisfied:	03/07/15
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	F/H LAND ON THE NORTH SIDE OF TOWNSEND DRIVE NUEATON, NUNEATON AND BEDWORTH WARWICKSHIRE T/NO WK317476WITH 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 ANY LEASE LICENCE OR OTHER INTERESTCREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECT OF THE PROPERTY

Mortgage Type:	DEBENTURE
Date Charge Created:	13/09/06
Date Charge Registered:	14/09/06
Date Charge Satisfied:	-
Status:	OUTSTANDING
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:	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:	23/12/04
Date Charge Registered:	12/01/05
Date Charge Satisfied:	24/09/09
Status:	SATISFIED
Person(s) Entitled:	WTB HOLDINGS LIMITED
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

Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	18/08/04
Date Charge Registered:	07/09/04
Date Charge Satisfied:	24/09/09
Status:	SATISFIED
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
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 MORTGAGECHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	18/08/04
Date Charge Registered:	25/08/04
Date Charge Satisfied:	24/09/09
Status:	SATISFIED
Person(s) Entitled:	MACERATA LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
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 MORTGAGECHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	28/07/88
Date Charge Registered:	05/08/88
Date Charge Satisfied:	24/09/09
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	PLOT 8 NO3 ATTLEBOROUGH FIELDS FARM NUNEATON WARWICKSHIRE AND/OR THE PROCEEDS OF SALE THEREOF.FLOATING CHARGE OVER ALL MOVEABLE PLANTMACHINERY IMPLEMENTS UTENSILS FURNITUREAND EQUIPMENT
Mortgage Type:	CHARGE OVER A BUILDING AGREEMENT
Date Charge Created:	01/03/88
Date Charge Registered:	08/03/88
Date Charge Satisfied:	05/07/01
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	AN ASSIGNMENT OF ALL THE COMPANY\S BENEFIT OF THE BUILDING AGREEMENT REFERRED TO OVERLEAF RELATING TO PROPERTY SITUATE AT TOWNSEND DRIVE ATTLEBOROUGH INDUSTRIAL ESTATE NUNEATON WARWICKSHIRE FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	22/12/82
Date Charge Registered:	12/01/83
Date Charge Satisfied:	13/01/93
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	LAND AND BUILDINGS ON THE SOUTH SIDE OFAVENUE ROAD, NUNEATON, WARWICKSHIRE TITLE NO: WK 113619 AND OR THE PROCEEDS OF SALE THEREOF. FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT
Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	10/03/82
Date Charge Registered:	17/03/82
Date Charge Satisfied:	13/01/93
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	L/H PREMISES IN WHEAT STREET NUNEATON FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT

Mortgage Type:	DEBENTURE
Date Charge Created:	29/05/81
Date Charge Registered:	05/06/81
Date Charge Satisfied:	24/09/09
Status:	SATISFIED
Person(s) Entitled:	NATIONAL WESTMINSTER BANK LTD
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	A SPECIFIC EQUITABLE CHARGE OVER ALL F/H & L/H PROPERTIES. FIXED & FLOATING CHARGE OVER UNDERTAKINGAND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL, BOOK DEBTS

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	7	£32,457
Company Name	Amount	Statement Date
Civils Drainage Supplies Ltd	£20,861	19/12/2012
Build Depot Limited	£3,231	19/04/2013
Plumbing & Drainage Plastics Limited	£3,104	25/05/2011
Building & Garden Supplies (2007) Limited	£2,744	30/09/2009
Unique Building Supplies (Norfolk) Limited	£1,003	30/10/2012
F B M (Building Supplies) Ltd	£970	01/11/2012
Ward & Roe Builders Merchants Limited	£544	27/07/2012

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Stephen Alfred Marsh	0		1	2
Peter Derrick Savage	2		2	1
Brian Worthington	0		3	0
Jane Margaret Savage	0		3	1
Jane Margaret Savage	0		3	1
John Henry Allen	0		1	1
John Arthur Lewis	19		34	68
Jeremy Paul Burden	7		21	45
David Wardropper	0		1	4
Susan Jane Hodgson	3		4	0
PHILSEC LIMITED	7		77	139
Alan Roger Hampton	12		20	24
Paul Edward Whelan	2		21	29
Total Persons With Significant Control		1	Total Statements		0
Active		1	Active		0
Ceased		0	Ceased		0

Active Persons With Significant Control

Name	European Drainage Systems Holdings Limited	Kind	Corporate Entity With Significant Control
Address	Liberty House Liberty Way, Attleborough Fields Ind Estate, Nuneaton, Warwickshire	Notified On	06/04/2016
Post Code	CV11 6RZ	Legal Form	Private Limited Company
Authority	Companies Act 2006	Place Registered	Companies House
Country Registered	United Kingdom	Registration Number	03676958
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 67.96
UK Pound	1	INR 91.88
Euro	1	INR 80.28
GBP	1	INR 91.57

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

INFORMATION DETAILS

Analysis Done by :	VIV
Report Prepared by :	TRU

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.