MIRA INFORM REPORT

 

 

Report No. :

510671

Report Date :

21.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

ENDECOTTS LIMITED

 

 

Registered Office :

9 Lombard Road London Sw19 3up

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

23.03.1965

 

 

Com. Reg. No.:

00842205

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Subject is engaged in Manufacture of laboratory test sieves, laboratory shakers and ancilliary products, filters and other wire gauze products.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd 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                                                : ENDECOTTS LIMITED

Company No                                                     : 00842205

Company Status                                               : Active - Accounts Filed

Registered Address                                           : 9 LOMBARD ROADLONDONSW19 3UP

 

 

Company Summary

 

Registered Address                                          9 LOMBARD ROAD
LONDON
SW19 3UP

 

Trading Address                                              9 Lombard Road
London
SW19 3UP

 

Website Address                                              http://www.endecotts.com

 

Telephone Number                                           02085428121

Fax Number

 

TPS                                                                  No

FPS                                                                  Yes

Incorporation Date                                           23/03/1965

 

Previous Name

 

Type                                                                 Private limited with Share Capital

 

FTSE Index                                                      -

Date of Change                                                 –

Filing Date of Accounts                                    21/12/2017

Currency                                                          GBP

Share Capital                                                   £500,000

SIC07                                                               25930

Charity Number                                                -

SIC07 Description                                            MANUFACTURE OF WIRE PRODUCTS, CHAIN AND SPRINGS

Principal Activity                                              The manufacture of laboratory test sieves, laboratory shakers and ancilliary products, filters and other wire gauze products.

 

 

Additional Information

 

CCJ's                                                               0 (£0)

 

No CCJ Information To Display

Ultimate Holding Company                              VERDER INTERNATIONAL B.V.

Accountant                                                       JACOB CAVENAGH & SKEET

Mortgages                                                        10

Group                                                              29 companies

Linkages                                                          20 companies

Countries                                                         In 8 countries

 

 

Key Financials

 

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

31/12/2016                    -                       -                       £1,951,686                                -

31/12/2015                    -                       -                       £1,722,401                                -

31/12/2014                    -                       -                       £1,470,741                                -

 

 

Mortgage Summary

 

Total Mortgage                         10

Outstanding                             4

Satisfied                                   6

 

 

Trade Debtors / Bad Debt Summary

 

Total Number of Documented Trade                 0

Total Value of Documented Trade                    £0

 

 

Commentary

 

This company has been treated as a Small company in respect of the rating/limit generated.

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

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.

There has been an increase in shareholders funds compared with the previous balance sheet.

 

 

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 -

-

 

 

Current Directors

 

Title

Dr

Function

Director

Name

Jurgen Pankratz

Nationality

German

Date of Birth

10/1965

Present Appointments

9

Latest Address

Robert-Stolz-Weg 16, Haan

Appointment Date

22/06/2010

Post Code

Title

Function

Director

Name

VERDER INTERNATIONAL B.V.

Nationality

British

Date of Birth

-

Present Appointments

1

Latest Address

Utrechtseweg 4 - A, Vleuten

Appointment Date

22/06/2010

Post Code

3451GG

 

 

Current Company Secretary

 

Title

Mr

Function

Company Secretary

Name

Glenn David Cain

Nationality

British

Date of Birth

10/1958

Present Appointments

5

Latest Address

Mulberry Cottage, 44 The Ridge Way, Sanderstead, Surrey

Appointment Date

01/11/1994

Post Code

CR2 0LF

 

 

Top Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

VERDER HOLDINGS UK LTD

GBP

985,000

ORDINARY

0.01

66.77

VERDER HOLDINGS UK LTD

GBP

490,000

ORDINARY A DEFERRED

1

33.22

VERDER HOLDINGS UK LTD

GBP

150

ORDINARY B DEFERRED

1

0.01

 

 

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

-

-

-

-

-

-

-

-

-

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-

-

Gross Profit

-

-

-

-

-

-

-

-

-

Wages & Salaries

-

-

-

-

-

-

-

-

-

Directors Emoluments

-

-

-

-

-

-

-

-

-

Operating Profit

-

-

-

-

-

-

-

-

-

Depreciation

£15,793

-43.2%

£27,785

-22.5%

£35,843

-13.3%

£41,357

-4%

£43,092

Audit Fees

-

-

-

-

-

-

-

-

-

Interest Payments

-

-

-

-

-

-

-

-

-

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Taxation

-

-

-

-

-

-

-

-

-

Profit After Tax

-

-

-

-

-

-

-

-

-

Dividends Payable

-

-

-

-

-

-

-

-

-

Retained Profit

-

-

-

-

-

-

-

-

-

 

Balance Sheet

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Tangible Assets

£298,419

-5%

£314,219

-6.8%

£337,010

1.8%

£330,977

-6.8%

£355,184

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£298,419

-5%

£314,219

-6.8%

£337,010

1.8%

£330,977

-6.8%

£355,184

Stock

£602,478

1.3%

£594,696

1%

£588,720

-9.3%

£648,958

15%

£564,218

Trade Debtors

£449,318

19.8%

£375,186

-73.3%

£1,405,937

-1.9%

£1,432,507

-12.3%

£1,633,584

Cash

£165,661

-20.5%

£208,395

-17.6%

£252,861

-62.9%

£682,422

29.7%

£526,122

Other Debtors

£917,543

1.4%

£904,844

-

0

-

0

-

0

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£2,135,000

2.5%

£2,083,121

-7.3%

£2,247,518

-18.7%

£2,763,887

1.5%

£2,723,924

Trade Creditors

£212,949

3.9%

£204,880

-61.4%

£530,445

-2.3%

£542,975

10.7%

£490,461

Bank Loans & Overdrafts

0

-

0

-

0

-

0

-

0

Other Short Term Finance

£89,058

-41%

£150,946

-

0

-

0

-

0

Miscellaneous Current Liabilities

£174,077

0.4%

£173,304

-

0

-

0

-

0

Total Current Liabilities

£476,084

-10%

£529,130

-0.2%

£530,445

-2.3%

£542,975

10.7%

£490,461

Bank Loans & Overdrafts and LTL

£5,649

-96.1%

£145,809

-75%

£583,342

-10.8%

£653,674

-11.7%

£740,339

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Total Long Term Liabilities

£5,649

-96.1%

£145,809

-75%

£583,342

-10.8%

£653,674

-11.7%

£740,339

.

Capital & Reserves

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Called Up Share Capital

£500,000

-

£500,000

-

£500,000

-

£500,000

-

£500,000

P & L Account Reserve

£1,208,432

23.9%

£975,317

35.5%

£719,827

-37%

£1,143,471

4.9%

£1,089,734

Revaluation Reserve

£243,254

-1.6%

£247,084

-1.5%

£250,914

-1.5%

£254,744

-1.5%

£258,574

Sundry Reserves

-

-

-

-

-

-

-

-

-

Shareholder Funds

£1,951,686

13.3%

£1,722,401

17.1%

£1,470,741

-22.5%

£1,898,215

2.7%

£1,848,308

 

Other Financial Items

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Net Worth

£1,951,686

13.3%

£1,722,401

17.1%

£1,470,741

-22.5%

£1,898,215

2.7%

£1,848,308

Working Capital

£1,658,916

6.8%

£1,553,991

-9.5%

£1,717,073

-22.7%

£2,220,912

-0.6%

£2,233,463

Total Assets

£2,433,419

1.5%

£2,397,340

-7.2%

£2,584,528

-16.5%

£3,094,864

0.5%

£3,079,108

Total Liabilities

£481,733

-28.6%

£674,939

-39.4%

£1,113,787

-6.9%

£1,196,649

-2.8%

£1,230,800

Net Assets

£1,951,686

13.3%

£1,722,401

17.1%

£1,470,741

-22.5%

£1,898,215

2.7%

£1,848,308

 

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

£1,957,335

4.8%

£1,868,210

-9%

£2,054,083

-19.5%

£2,551,889

-1.4%

£2,588,647

Number of Employees

-

-

-

-

-

-

-

-

-

Accountants

JACOB CAVENAGH & SKEET

Auditors

Auditor Comments

The company is exempt from audit

Bankers

LLOYDS TSB

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 %

-

-

-

-

-

Current ratio

4.48

3.94

4.24

5.09

5.55

Sales/Net Working Capital

-

-

-

-

-

Gearing %

0.30

8.50

39.70

34.40

40.10

Equity in %

80.20

71.80

56.90

61.30

60

Creditor Days

-

-

-

-

-

Debtor Days

-

-

-

-

-

Liquidity/Acid Test

3.21

2.81

3.12

3.89

4.40

Return On Capital Employed %

-

-

-

-

-

Return On Total Assets Employed %

-

-

-

-

-

Current Debt Ratio

0.24

0.30

0.36

0.28

0.26

Total Debt Ratio

0.24

0.39

0.75

0.63

0.66

Stock Turnover Ratio %

-

-

-

-

-

Return on Net Assets Employed %

-

-

-

-

-

 

Report Notes

There are no notes to display.

 

Status History

No Status History found

 

 

 

Event History

 

Date

Description

17/04/2018

Payment Data Update Received

03/04/2018

Payment Data Update Received

13/02/2018

Payment Data Update Received

02/01/2018

New Accounts Filed

02/01/2018

New Accounts Filed

14/08/2017

Confirmation Statement

02/12/2016

Payment Data Update Received

19/08/2016

Annual Returns

09/06/2016

New Accounts Filed

22/10/2015

New Accounts Filed

19/08/2015

Annual Returns

18/08/2015

Change of Company Postcode

16/08/2014

Annual Returns

25/04/2014

New Accounts Filed

04/09/2013

New Accounts Filed

 

Previous Company Names

No Previous Names found

 

Writ Details

No writs found

 

Statistics

Group

29 companies

Linkages

20 companies

Countries

In 8 countries

 

Summary

Holding Company

VERDER HOLDINGS U.K. LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

VERDER INTERNATIONAL B.V.

 

 

Group StructureFull

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

 VERDER INTERNATIONAL B.V.

30204158

31.12.2016

Y

€258,918,000

 VERDER LIQUIDS B.V.

30024315

31.12.2016

N

 VERDER LIQUIDS B.V.

30024315

31.12.2016

N

 ANVAST UK LIMITED

07124370

31.12.2016

N

£200,000

 VERDER LIMITED

03156345

31.12.2016

N

£13,638,430

 PUMPING SERVICES(...

00813276

31.12.2016

N

 THOMAS MATTHEWS (...

00920001

31.12.2016

N

 GLOBAL PUMPING SY...

02063944

31.12.2016

N

 VERDER HOLDINGS U.K....

02623754

31.12.2016

N

 AUTOCLUDE LIMITED

01048728

31.12.2016

N

 GLEN CRESTON LTD

05334179

31.12.2016

N

 MCCRONE SCIENTIFI...

07599661

31.12.2016

N

 GC EQUIPMENT LTD

05848401

31.12.2016

N

 CARBOLITE HOLDINGS...

06758930

31.12.2016

N

 CARBOLITE GERO LI...

01371507

31.12.2016

N

£13,587,091

 L. I. P. (EQUIP...

01114459

31.12.2016

N

 LENTON THERMAL...

01263305

31.12.2016

N

 CARBOLITE OVENS...

02265766

31.12.2016

N

 ENDECOTTS INTERNAT...

05417787

31.12.2016

N

 ENDECOTTS LIMITED

00842205

31.12.2016

N

 RETSCH (UK) LIMITED

02777449

31.12.2016

N

£2,139,890

 VERDER NV

407717031

31.12.2016

N

€11,127,945

 R J FULLWOOD AND BLA...

00347190

31.12.2016

N

£570,543

 RJ FULLWOOD & BLAN...

03751126

31.12.2016

N

 FULLWOOD LIMITED

02643054

31.12.2016

Y

£31,918,175

 PACKO FULLWOOD FA...

IE152317

31.12.2016

N

 PACKO FRANCE SAS

N/A

-

-

 FULLWOOD PACKO NV

405130792

31.12.2016

N

€41,238,164

 PACKO - BLACKWATE...

IE056247

31.12.2016

N

 

 

Other Linked Companies

 

Name

Number

Latest Key Financials

Turnover

PACKO INOX NV

452179554

31.12.2016

€295,056

PACKO IMMO INOX NV

437538096

31.12.2016

€370,523

VERDER NV

426843352

30.06.2011

€4,999,975

AVIEH HOLDING B.V.

30075545

31.12.2016

FUSION ELECTRONICS B.V.

30149634

31.12.2016

FULLWOOD PACKO SAS

304616139

31.12.2016

€7,912,975

VERDER B.V.

02031806

31.12.2016

FULLWOOD NV

870729606

31.12.2016

€4,038,481

GOVATEC SERVICE NV

878119620

31.12.2009

€2,233,506

VERDER INVESTMENTS

872526975

31.12.2008

VERDERMIX B.V.

27190098

31.12.2016

VERDER SCIENTIFIC B.V.

30069065

31.12.2016

MANTIS ULV-SPRÜHGERÄTE GMBH

HRB 537 GE

31.12.2015

VERDER SCIENTIFIC GMBH

HRB 25198

31.12.2016

VAN WIJK & BOERMA POMPEN B.V.

11011845

31.12.2016

B.V. TARCO

30059600

31.12.2016

STICHTING ADMINISTRATIEKANTOOR VERDER INTERNATIONAL

63751305

-

FULLWOOD CS SRO

-

FULLWOOD PACKO SA DE CV

-

PACKO INOX ELECTRONIC EQUIPMENT COMPANY SHANGHAI LIMITED

-

 

 

Mortgage Details

 

Mortgage Type:

DEED OF ADMISSION TO AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT DATED 1ST SEPTEMBER 2005

Date Charge Created:

16/11/10

Date Charge Registered:

18/11/10

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE COMPANIES NAMED THEREIN TOTHE CHARGEE ON ANYACCOUNT WHATSOEVER

Details:

ANY SUM OR SUMS FOR THE TIME BEING STANDING TO THE CREDIT OF ANY ONE OR MORE OFANY PRESENT OR FUTUREACCOUNTS OF THE COMPANIES OR ANY OF THEM WITH THE BANK (INCLUDING ANY ACCOUNTS HELD IN THE BANK\SNAME WITH ANY DESIGNATION WHICH INCLUDES THE NAME(S) OF THE COMPANIES OR ANY OFTHEM) WHETHER SUCH ACCOUNTS BE DENOMINATED IN STERLING OR IN A CURRENCY OR CURRENCIES OTHER THAN STERLING

Mortgage Type:

MORTGAGE

Date Charge Created:

01/09/05

Date Charge Registered:

13/09/05

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:

F/H PROPERTY K/A 9 LOMBARD ROAD LONDON TOGETHER WITH ALL BUILDINGS AND FIXTURES (INCLUDING TRADE FIXTURES) FIXED PLANT AND MACHINERY BY WAY OF FIXED CHARGE ALL PRESENT AND FUTURE BOOK AND OTHER DEBTSFLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT BY WAYOF ASSIGNMENT THE GOODWILL OF THE BUSINESS (IF ANY) THE FULL BENEFIT OF ALL LICENCES AND ALL GUARANTEES

 

Mortgage Type:

MORTGAGE

Date Charge Created:

01/09/05

Date Charge Registered:

13/09/05

Date Charge Satisfied:

21/07/10

Status:

SATISFIED

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

Details:

F/H PROPERTY K/A 5 LOMBARD ROAD LONDONTOGETHER WITH ALL BUILDINGS AND FIXTURES (INCLUDING TRADE FIXTURES) FIXED PLANTAND MACHINERY BY WAY OF FIXED CHARGE ALL PRESENT AND FUTURE BOOK AND OTHER DEBTS FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT BY WAY OF ASSIGNMENT THEGOODWILL OF THE BUSINESS (IF ANY) THE FULL BENEFIT OF ALL LICENCES AND ALL GUARANTEES

Mortgage Type:

AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT

Date Charge Created:

01/09/05

Date Charge Registered:

10/09/05

Date Charge Satisfied:

-

Status:

OUTSTANDING

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

ANY SUMS OR SUMS STANDING TO THE CREDITIF ANY ONE OR MORE OF ANY PRESENT OF FUTURE ACCOUNTS OF THE COMPANY WITH THE BANK WHETHER SUCH ACCOUNTS BE DENOMINATED IN STERLING OR IN A CURRENCY OR CURRENCIESOTHER THAN STERLING.

 

Mortgage Type:

DEBENTURE

Date Charge Created:

01/09/05

Date Charge Registered:

10/09/05

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 CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY

Mortgage Type:

SECURITY ACCESSION DEED

Date Charge Created:

21/02/03

Date Charge Registered:

27/02/03

Date Charge Satisfied:

05/10/04

Status:

SATISFIED

Person(s) Entitled:

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND,LONDON,AS SECURITY TRUSTEE FOR ITSELF AND THEO

Amount Secured:

ALL MONEY OR LIABILITIES DUE OR TO BECOME DUE FROM ANY CHARGING COMPANY OR ANY OTHER OBLIGOR TO THECHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details:

FIXED CHARGE OVER ALL PROPERTIES LISTEDIN SCHEDULE WITH ALL BUILDINGS AND FIXTURES THEREON AND BY WAY OF FIRST EQUITABLE CHARGE OVER ALL SUBSIDIARY SHARES,INVESTMENTS AND ALL DISTRIBUTION RIGHTS ANDALL FREEHOLD/LEASEHOLD PROPERTY NOT CHARGED PURSUANT TO CLAUSE 2.3(A) OF THE DEED; ALL BOOK DEBTS,RIGHTS AND CLAIMS,ALLMONETARY CLAIMS AND MONIES STANDING TO THE CREDIT OF ITS ACCOUNTS; THE GOODWILLANDUNCALLED CAPITAL; FLOATING CHARGE OVER ALL ASSETS; SEE FORM 395 FOR DETAILS SEE THE MORTGAGE CHARGEDOCUMENT FOR FULL DETAILS

 

Mortgage Type:

GUARANTEE & DEBENTURE

Date Charge Created:

30/11/87

Date Charge Registered:

10/12/87

Date Charge Satisfied:

08/03/87

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN 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:

22/08/83

Date Charge Registered:

26/08/83

Date Charge Satisfied:

03/02/88

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:

A SPECIFIC EQUITABLE CHARGE OVER THE COMPANIES F/H & L/H PROPERTIES, AND /OR THE PROCEEDS OF SALEA CHARGE BY WAY OF LEGAL MORTGAGE 1, F/H PROPERTY IN THE LONDON BOROUGH OF MERTON. FORMERLY 17, FACTORYAND NOW BEING PROGRESS WORKS OR NO 9 LOMBARD RD LYING E. OF MORDEN RD T/N SY 22121. 2,F/H LAND ON THE EAST OF MORDEN RD MERTON K/A 5 LOMBARD RD T/N SY 2802 FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY

 

Mortgage Type:

GUARANTEE AND DEBENTURE

Date Charge Created:

26/02/82

Date Charge Registered:

05/03/82

Date Charge Satisfied:

05/03/82

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED & FLOATING CHARGES UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL & BOOK DEBTS UNCALLED CAPITAL, WITH ALL BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

Mortgage Type:

GUARANTEE & DEBENTURE

Date Charge Created:

07/01/82

Date Charge Registered:

19/01/82

Date Charge Satisfied:

19/01/82

Status:

SATISFIED

Person(s) Entitled:

BARCLAYS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR ALL OR ANY OF THE OTHERCOMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED & FLOATING CHARGES UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL & BOOK DEBTS UNCALLED CAPITAL, WITH ALL BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

 

Previous Director/Company Secretaries

 

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

James David William Townsend

0

7

0

Reginald George Hardie

1

14

34

Neil Andrew MacDonald

13

66

83

John Charles Michael Francis Bergin

0

46

88

Ronald Victor Woods

0

7

0

Ronald Victor Woods

0

7

0

David John Hall

0

29

33

Glenn David Cain

5

8

0

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Verder Holdings U.K. Ltd

Kind

Legal Person With Significant Control

Address

C/O Andrew Beare Parsons Lane, Hope, Hope Valley

Notified On

01/07/2016

Post Code

S33 6RB

Legal Form

Corporate Firm

Nature Of Control

Ownership of shares - above 75%

Authority

United Kingdom

 

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

Average Invoice Value

£578.52

Invoices available

169

Paid

159

Outstanding

10

 

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

 

Within Terms

0-30 Days

31-60 Days

61-90 Days

91+ Days

Paid

51

69

21

4

14

Outstanding

6

4

0

0

0

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 67.95

UK Pound

1

INR 91.87

Euro

1

INR 80.27

GBP

1

INR 91.50

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

DNS

 

 

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.