MIRA INFORM REPORT

Report No. :	509652
Report Date :	19.05.2018

IDENTIFICATION DETAILS

Name :	OPTIMA MANUFACTURING JEWELLERS LTD
Formerly Known As :	SOUDE JEWELLERY LIMITED
Registered Office :	96 Bristol Road Edgbaston Birmingham B5 7XJ
Country :	United Kingdom
Financials (as on) :	31.03.2017
Date of Incorporation :	17.04.1967
Com. Reg. No.:	00903768
Legal Form :	Private limited with Share Capital
Line of Business :	· Manufacture of jewelry and related articles · Manufacturing high quality jewelry products.
No. of Employees :	73 (2017)

RATING & COMMENTS

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

MIRA’s Rating :

B

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	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

OPTIMA MANUFACTURING JEWELLERS LTD

96 BRISTOL ROAD EDGBASTON BIRMINGHAM B5 7XJ

Company No.

00903768

Company Status

Active - Accounts Filed

Company Summary

Registered Address 96 BRISTOL ROAD
EDGBASTON
BIRMINGHAM
B5 7XJ

Trading Address 96 Bristol Road
Edgbaston
Birmingham
West Midlands
B5 7XJ

124 Hockley Hill

Birmingham

West Midlands

B18 5AN

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

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 17/04/1967

Previous Name SOUDE JEWELLERY LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 29/07/2004

Filing Date of Accounts 20/12/2017

Currency GBP

Share Capital £4,313

SIC07 32120

Charity Number -

SIC07 Description MANUFACTURE OF JEWELLERY AND RELATED ARTICLES

Principal Activity Manufacturing high quality jewellery products.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 12

Trade Debtors -

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2017 £9,825,671 £145,694 £328,533 73

31/03/2016 £10,000,110 -£598,858 £182,839 76

31/03/2015 £11,204,141 -£824,760 £871,871 78

Mortgage Summary

Total Mortgage 12

Outstanding 2

Satisfied 10

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 1

Total Value of Documented Trade £10,341

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'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	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	10	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Russell Keith Ambrose	Nationality	British
Date of Birth	11/1949	Present Appointments	13
Latest Address	96 Bristol Road, Edgbaston, Birmingham, West Midlands	Appointment Date	10/05/1999
Post Code	B5 7XJ
Title	Mr	Function	Director
Name	John Harry William Rabone	Nationality	British
Date of Birth	01/1951	Present Appointments	14
Latest Address	96 Bristol Road, Edgbaston, Birmingham, West Midlands	Appointment Date	04/09/2008
Post Code	B5 7XJ

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	John Harry William Rabone	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	96 Bristol Road, Edgbaston, Birmingham, West Midlands	Appointment Date	31/03/2013
Post Code	B5 7XJ

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
RUSSELL KEITH AMBROSE	GBP	4,312	ORDINARY	1	99.98
RUSSELL KEITH AMBROSE & SARAH JANE TURNBULL	GBP	1	ORDINARY	1	0.02

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£9,825,671	-1.7%	£10,000,110	-10.7%	£11,204,141	-13.1%	£12,896,209	-14.4%	£15,062,791
	Export	£2,898,245	115.8%	£1,343,085	-	-	-	-	-	-
	Cost of Sales	£7,355,163	-10.7%	£8,237,589	-12.3%	£9,395,181	-10.6%	£10,509,158	-18%	£12,811,759
	Gross Profit	£2,470,508	40.2%	£1,762,521	-2.6%	£1,808,960	-24.2%	£2,387,051	6%	£2,251,032
	Wages & Salaries	£1,357,795	11.7%	£1,215,998	3.5%	£1,175,150	-11.8%	£1,332,936	-1%	£1,345,984
	Directors Emoluments	-	-	-	-	-	-	-	-	-
	Operating Profit	£309,803	169.8%	-£443,908	32.9%	-£661,794	-52.5%	-£433,873	26.7%	-£592,157
	Depreciation	£76,156	-12.3%	£86,854	-0.7%	£87,440	1.8%	£85,855	8.6%	£79,056
	Audit Fees	£26,000	4%	£25,000	2%	£24,500	-	-	-	-
	Interest Payments	£164,257	6%	£154,950	-4.9%	£162,966	265.8%	£44,545	338.4%	£10,161
	Pre Tax Profit	£145,694	124.3%	-£598,858	27.4%	-£824,760	-72.4%	-£478,418	20.6%	-£602,318
	Taxation	-	100%	-£90,174	-	-	-	-	-	-
	Profit After Tax	£145,694	121.1%	-£689,032	16.5%	-£824,760	-72.4%	-£478,418	20.6%	-£602,318
	Dividends Payable	-	-	-	-	-	-	-	-	-
	Retained Profit	£145,694	121.1%	-£689,032	16.5%	-£824,760	-72.4%	-£478,418	20.6%	-£602,318

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Tangible Assets	£541,926	-10.6%	£606,050	-2%	£618,514	1.2%	£611,468	14.1%	£535,799
	Intangible Assets	0	-	0	-	0	-100%	£194,250	-70.6%	£660,450
	Total Fixed Assets	£541,926	-10.6%	£606,050	-2%	£618,514	-23.2%	£805,718	-32.6%	£1,196,249
	Stock	£3,222,485	-2.1%	£3,290,147	-20.3%	£4,128,331	-8.8%	£4,528,712	-8.3%	£4,941,091
	Trade Debtors	£1,074,118	54.6%	£694,799	45.6%	£477,112	-42.3%	£826,906	-42.2%	£1,429,814
	Cash	£24,205	-94.3%	£423,314	817.4%	£46,145	-88.9%	£417,231	999.9%	£3,133
	Other Debtors	£97,693	-6.6%	£104,553	-43%	£183,292	38.7%	£132,159	-40.2%	£221,040
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£4,418,501	-2.1%	£4,512,813	-6.7%	£4,834,880	-18.1%	£5,905,008	-10.5%	£6,595,078
	Trade Creditors	£503,337	-46.8%	£945,283	50.5%	£628,131	-25.5%	£842,607	-23.2%	£1,097,328
	Bank Loans & Overdrafts	£276,531	-	0	-	0	-	0	-100%	£308,783
	Other Short Term Finance	0	-	0	-	0	-100%	£982,790	45.1%	£677,528
	Miscellaneous Current Liabilities	£538,830	-35.5%	£835,316	-11.9%	£948,225	190.3%	£326,634	-51.3%	£670,575
	Total Current Liabilities	£1,318,698	-25.9%	£1,780,599	13%	£1,576,356	-26.8%	£2,152,031	-21.9%	£2,754,214
	Bank Loans & Overdrafts and LTL	£3,589,727	13.8%	£3,155,425	5%	£3,005,167	-35.5%	£4,662,000	-6.2%	£4,970,783
	Other Long Term Finance	£3,313,196	5%	£3,155,425	5%	£3,005,167	-35.5%	£4,662,000	-	£4,662,000
	Total Long Term Liabilities	£3,313,196	5%	£3,155,425	5%	£3,005,167	-35.5%	£4,662,000	-	£4,662,000

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Called Up Share Capital	£4,313	-	£4,313	-	£4,313	-	£4,313	-	£4,313
	P & L Account Reserve	-£1,775,271	14.6%	-£2,078,736	-35%	-£1,539,962	-79.4%	-£858,305	-125.9%	-£379,887
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£2,099,491	-7%	£2,257,262	-6.2%	£2,407,520	220.7%	£750,687	-	£750,687
	Shareholder Funds	£328,533	79.7%	£182,839	-79%	£871,871	944%	-£103,305	-127.5%	£375,113

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Net Worth	£328,533	79.7%	£182,839	-79%	£871,871	393%	-£297,555	-4.3%	-£285,337
	Working Capital	£3,099,803	13.5%	£2,732,214	-16.2%	£3,258,524	-13.2%	£3,752,977	-2.3%	£3,840,864
	Total Assets	£4,960,427	-3.1%	£5,118,863	-6.1%	£5,453,394	-18.7%	£6,710,726	-13.9%	£7,791,327
	Total Liabilities	£4,631,894	-6.2%	£4,936,024	7.7%	£4,581,523	-32.8%	£6,814,031	-8.1%	£7,416,214
	Net Assets	£328,533	79.7%	£182,839	-79%	£871,871	944%	-£103,305	-127.5%	£375,113

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Net Cashflow from Operations	-£362,802	-172.7%	£499,156	321.6%	£118,384	-87.3%	£928,950	407.1%	-£302,502
	Net Cashflow before Financing	-£539,248	-300.4%	£269,114	293.5%	-£139,068	-119.2%	£722,881	275.6%	-£411,620
	Net Cashflow from Financing	-£44,834	-132.2%	£139,163	159.6%	-£233,388	-	-	-	-
	Increase in Cash	-£584,082	-243.1%	£408,277	209.6%	-£372,456	-151.5%	£722,881	275.6%	-£411,620

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
	Capital Employed	£3,641,729	9.1%	£3,338,264	-13.9%	£3,877,038	-15%	£4,558,695	-9.5%	£5,037,113
	Number of Employees	73	-3.9%	76	-2.6%	78	-11.4%	88	6%	83
	Accountants
	Auditors	ARRAM BERLYN GARDNER LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	ALLIED IRISH BANK
	Bank Branch Code	23-84-84

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
	Pre-tax profit margin %	1.48	-5.99	-7.36	-3.71	-4
	Current ratio	3.35	2.53	3.07	2.74	2.39
	Sales/Net Working Capital	3.17	3.66	3.44	3.44	3.92
	Gearing %	1092.70	1725.80	344.70	-4512.90	1325.10
	Equity in %	6.60	3.60	16	-1.60	5.30
	Creditor Days	18.64	34.40	20.40	23.78	26.51
	Debtor Days	39.79	25.29	15.50	23.33	34.55
	Liquidity/Acid Test	0.90	0.68	0.44	0.63	0.60
	Return On Capital Employed %	4	-17.93	-21.27	-10.49	-11.95
	Return On Total Assets Employed %	2.93	-11.69	-15.12	-7.12	-7.73
	Current Debt Ratio	4.01	9.73	1.80	-20.83	7.34
	Total Debt Ratio	14.09	26.99	5.25	-65.96	19.77
	Stock Turnover Ratio %	32.79	32.90	36.84	35.11	32.80
	Return on Net Assets Employed %	44.34	-327.53	-94.59	463.11	-160.56

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
16/01/2018	Confirmation Statement
01/01/2018	New Accounts Filed
01/01/2018	New Accounts Filed
10/01/2017	Annual Returns
12/12/2016	New Accounts Filed
12/12/2016	New Accounts Filed
22/04/2016	New Accounts Filed
22/04/2016	New Accounts Filed
10/01/2016	Annual Returns
27/03/2015	New Accounts Filed
01/02/2015	Annual Returns
12/04/2014	New Accounts Filed
18/01/2014	Annual Returns
07/05/2013	Mr M.A. Joseph has resigned as company secretary
07/05/2013	New Company Secretary Mr J.H. Rabone appointed

Previous Company Names

Date	Previous Name
29/07/2004	SOUDE JEWELLERY LIMITED

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

Mortgage Details

Mortgage Type:	DEBENTURE
Date Charge Created:	14/02/11
Date Charge Registered:	18/02/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	LLOYDS TSB 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 CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	21/01/08
Date Charge Registered:	22/01/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	RBS IF LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT 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 MACHINERY

Mortgage Type:	DEBENTURE
Date Charge Created:	06/09/04
Date Charge Registered:	16/09/04
Date Charge Satisfied:	01/10/10
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 MACHINERY
Mortgage Type:	FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST AND ON OTHER DEBTS AND FLOATING CHARGE ON THE REMAINDER OF THE COMPANY\S PROPERTY
Date Charge Created:	18/06/99
Date Charge Registered:	22/06/99
Date Charge Satisfied:	24/08/04
Status:	SATISFIED
Person(s) Entitled:	GRIFFIN CREDIT SERVICES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE WHETHER ARISINGUNDER AN AGREEMENT FOR THE PURCHASE OF DEBTS OR OTHERWISE
Details:	FIXED EQUITABLE CHARGE ALL DEBTS PURCHASED OR PURPORTED TO BE PURCHASED BY THE SECURITY HOLDER PURSUANT TO AN AGREEMENTFOR THE PURCHASE OF DEBTS BETWEEN THE SECURITY HOLDER & THE COMPANY INCLUDING THEASSOCIATED RIGHTS RELATING THERETO, WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THE SECURITY HOLDER FOR ANY REASON ALL AMOUNTS OF INDEBTEDNESS NOW OR AT ANY TIME HEREAFTER OWING OR BECOMING DUETOTHE COMPANY ON ANY ACCOUNT BY WAY OF FLOATING CHARGE SUCH MONIES AS THE COMPANY MAY RECEIVE IN RESPECT OF THE DEBTSAS SHALL FROM TIME TO TIME STAND RELEASED FROM THE FIXED CHARGE CREATED THEREON

Mortgage Type:	FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST
Date Charge Created:	18/06/99
Date Charge Registered:	22/06/99
Date Charge Satisfied:	24/08/04
Status:	SATISFIED
Person(s) Entitled:	GRIFFIN CREDIT SERVICES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE WHETHER ARISINGUNDER AN AGREEMENT FOR THE PURCHASE OF DEBTS OR OTHERWISE
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 THE ASSOCIATED RIGHTS RELATING THERETO) WHICH FAIL TO VEST EFFECTIVELY OR ABSOLUTELY IN THESECURITY HOLDER FOR ANY REASON
Mortgage Type:	MORTGAGE DEBENTURE
Date Charge Created:	04/06/99
Date Charge Registered:	08/06/99
Date Charge Satisfied:	03/11/11
Status:	SATISFIED
Person(s) Entitled:	AIB GROUP (UK) 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

Mortgage Type:	LEGAL MORTGAGE
Date Charge Created:	29/09/98
Date Charge Registered:	07/10/98
Date Charge Satisfied:	14/11/01
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL THE JEWELLERY PLANT AND EQUIPMENT AS DESCRIBED IN THE SCHEDULE TO THE FORM 395 SEE THE MORTGAGECHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	04/03/97
Date Charge Registered:	07/03/97
Date Charge Satisfied:	14/11/01
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	91 GOSWELL ROAD LONDON BOROUGH OF ISLINGTON

Mortgage Type:	DEBENTURE
Date Charge Created:	20/10/95
Date Charge Registered:	31/10/95
Date Charge Satisfied:	14/11/01
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS 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:	SINGLE DEBENTURE
Date Charge Created:	24/05/93
Date Charge Registered:	26/05/93
Date Charge Satisfied:	23/11/95
Status:	SATISFIED
Person(s) Entitled:	LLOYDS 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:	13/07/82
Date Charge Registered:	26/07/82
Date Charge Satisfied:	23/11/95
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGE UNDERTAKING ANDALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL& BOOK DEBTS UNCALLED CAPITAL TOGETHER WITH FIXED AND MOVEABLE PLANTMACHINERY FIXTURES IMPLEMENTS AND UTENSILS
Mortgage Type:	SINGLE DEBENTURE
Date Charge Created:	05/02/75
Date Charge Registered:	18/02/75
Date Charge Satisfied:	23/11/95
Status:	SATISFIED
Person(s) Entitled:	LLOYDS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED & FLOATING CHARGES UNDERTAKING AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL UNCALLED CAPITAL. TOGETHER WITH FIXED PLANT & MACHINERY TOGETHER WITH ALLFIXTURES.

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	1	£10,341
Company Name	Amount	Statement Date
Nuttalls Of Chester Limited	£10,341	21/06/2011

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Russell Keith Ambrose	13			2	16
Anita Robertson	0			2	2
Anita Robertson	0			2	2
Peter Yates	0			1	1
Jacqueline Ann Pearce	0			1	0
Robert Long	0			1	0
Roy Richard Dennis	0			1	0
Michael Adrian Joseph	0			3	4
Trevor Charles Burr	0			1	1
Frank Rember	3			1	4
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mr Russell Keith Ambrose	Kind	Individual Person With Significant Control
Address	96 Bristol Road, Edgbaston, Birmingham, West Midlands	Country Of Residence	England
Post Code	B5 7XJ	Nationality	British
Date of Birth	11/1949	Notified On	06/04/2016
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 :	DIV
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.