MIRA INFORM REPORT

Report No. :	510331
Report Date :	21.05.2018

IDENTIFICATION DETAILS

Name :	KURT GEIGER LIMITED
Formerly Known As :	· HOUSE OF FRASER (SHOES) LIMITED · KURT GEIGER HOLDINGS LIMITED · MAGLI S.P.A. (LONDON) LIMITED
Registered Office :	24 Britton Street London Ec1m 5ua
Country :	United Kingdom
Financials (as on) :	28.01.2017
Date of Incorporation :	10.12.1969
Com. Reg. No.:	00968046
Legal Form :	Private limited with Share Capital
Line of Business :	· Retail Sale Of Footwear In Specialised Stores · Design, distribution and retailing of high quality brand shoes and accessories.
No. of Employees :	2105

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+	Low Risk	Business dealings permissible with low risk of default

Status :	Good
Payment Behaviour :	Regular
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: KURT GEIGER LIMITED

Company No: 00968046

Registered Address: 24 BRITTON STREET LONDON EC1M 5UA

Company Summary

Registered Address 24 BRITTON STREET
LONDON
EC1M 5UA

Trading Address 24 Britton Street

London
EC1M 5UA

Website Address http://www.kurtgeiger.com

Telephone Number 02075461888

Fax Number

TPS No

FPS Yes

Incorporation Date 10/12/1969

Previous Name HOUSE OF FRASER (SHOES) LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 31/01/1993

Filing Date of Accounts 15/09/2017

Currency GBP

Share Capital £770,000

SIC07 47721

Charity Number -

SIC07 Description RETAIL SALE OF FOOTWEAR IN SPECIALISED STORES

Principal Activity Design, distribution and retailing of high quality brand shoes and accessories.

Additional Information

CCJ's 6 (£18,076)

11/04/2018 COUNTY COURT BUSINESS CENTRE £387 Judgment

02/07/2014 COUNTY COURT MONEY CLAIMS CENTRE £533 Judgment

08/05/2014 COUNTY COURT MONEY CLAIMS CENTRE £8,327 Judgment

Ultimate Holding Company JASPER FOOTWEAR TOPCO LTD

Accountant -

Mortgages 10

Group 9 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

28/01/2017 £337,653,000 £22,628,000 £105,868,000 2105

31/12/2015 £281,637,000 £22,784,000 £83,617,000 1898

31/12/2014 £251,775,000 £11,441,000 £75,253,000 1805

Mortgage Summary

Total Mortgage 10

Outstanding 1

Satisfied 9

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

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.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

The company has more cash than short term bank borrowings.

CCJ

Total Number of Exact CCJs -	5	Total Value of Exact CCJs -	£16,571
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	1	Total Value of Satisfied CCJs -	£1,505
Total Number of Writs -	-

Back to Top

Show More

Total Current Directors	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	35	Total Person's With Significant Control	1

Current Directors

Title	Mrs	Function	Director
Name	Rebecca Elizabeth Alden Farrar Hockley	Nationality	British
Date of Birth	09/1971	Present Appointments	4
Latest Address	24 Britton Street, London	Appointment Date	28/10/2002
Post Code	EC1M 5UA
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Neil Charles Clifford	Nationality	British
Date of Birth	02/1967	Present Appointments	10
Latest Address	24 Britton Street, London	Appointment Date	01/09/2003
Post Code	EC1M 5UA
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Title	Mr	Function	Director
Name	Dale Nicholas Christilaw	Nationality	British
Date of Birth	11/1970	Present Appointments	14
Latest Address	24 Britton Street, London	Appointment Date	01/02/2004
Post Code	EC1M 5UA
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Dale Nicholas Christilaw	Nationality	British
Date of Birth	11/1970	Present Appointments	22
Latest Address	24 Britton Street, London	Appointment Date	04/07/2005
Post Code	EC1M 5UA
Other Actions		View Consumer Report	View Trace Report
	View Compliance Report

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
KURT GEIGER ACQUISITION LTD	GBP	7,700,000	ORDINARY	0.1	100
1

Financials

Profit & Loss

	Date Of Accounts	28/01/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	56	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£337,653,000	19.9%	£281,637,000	11.9%	£251,775,000	15.4%	£218,159,000	7.9%	£202,110,000
	Export	-	-	-	-	-	-	-	-	-
	Cost of Sales	£156,268,000	25.8%	£124,267,000	4.7%	£118,739,000	15.9%	£102,474,000	10.4%	£92,816,000
	Gross Profit	£181,385,000	15.3%	£157,370,000	18.3%	£133,036,000	15%	£115,685,000	5.8%	£109,294,000
	Wages & Salaries	£42,622,000	8.5%	£39,265,000	13.6%	£34,553,000	10.9%	£31,144,000	9.2%	£28,512,000
	Directors Emoluments	£2,654,000	7.8%	£2,461,000	15%	£2,140,000	17.1%	£1,828,000	3.6%	£1,765,000
	Operating Profit	£22,068,000	-0.9%	£22,275,000	100.1%	£11,134,000	275.6%	£2,964,000	-70.4%	£10,015,000
	Depreciation	£5,609,000	-7.7%	£6,078,000	-25.2%	£8,122,000	5%	£7,734,000	4.9%	£7,376,000
	Audit Fees	£118,000	7.3%	£110,000	-17.9%	£134,000	4.7%	£128,000	-	£128,000
	Interest Payments	£685,000	138.7%	£287,000	79.4%	£160,000	35.6%	£118,000	-93.6%	£1,843,000
	Pre Tax Profit	£22,628,000	-0.7%	£22,784,000	99.1%	£11,441,000	240.6%	£3,359,000	-63.4%	£9,170,000
	Taxation	-£377,000	84.4%	-£2,420,000	-102.5%	-£1,195,000	-132%	-£515,000	72.3%	-£1,859,000
	Profit After Tax	£22,251,000	9.3%	£20,364,000	98.8%	£10,246,000	260.3%	£2,844,000	-61.1%	£7,311,000
	Dividends Payable	-	-100%	£12,000,000	-	-	-	-	-	-
	Retained Profit	£22,251,000	166%	£8,364,000	-18.4%	£10,246,000	260.3%	£2,844,000	-61.1%	£7,311,000

Balance Sheet

	Date Of Accounts	28/01/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£11,903,000	-0.8%	£12,003,000	-5.8%	£12,747,000	-19.8%	£15,898,000	-21.8%	£20,336,000
	Intangible Assets	£2,966,000	3.8%	£2,858,000	597.1%	£410,000	10.8%	£370,000	-15.3%	£437,000
	Total Fixed Assets	£14,869,000	0.1%	£14,861,000	13%	£13,157,000	-19.1%	£16,268,000	-21.7%	£20,773,000
	Stock	£57,535,000	-7.4%	£62,110,000	6%	£58,611,000	4.4%	£56,121,000	43.3%	£39,163,000
	Trade Debtors	£16,430,000	-9.3%	£18,105,000	-17.1%	£21,848,000	14.1%	£19,146,000	10.9%	£17,259,000
	Cash	£28,510,000	179.9%	£10,186,000	-5.1%	£10,734,000	474.6%	£1,868,000	-26.4%	£2,539,000
	Other Debtors	£44,840,000	44.5%	£31,041,000	52%	£20,428,000	-24.6%	£27,100,000	-27.9%	£37,596,000
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£147,315,000	21.3%	£121,442,000	8.8%	£111,621,000	7.1%	£104,235,000	8%	£96,557,000
	Trade Creditors	£33,154,000	32%	£25,126,000	-3.3%	£25,989,000	15.5%	£22,503,000	72.2%	£13,066,000
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£3,768,000	80.7%	£2,085,000	-	0	-100%	£18,145,000	-62.5%	£48,393,000
	Miscellaneous Current Liabilities	£19,394,000	-23.9%	£25,475,000	8.2%	£23,536,000	26%	£18,686,000	-11.2%	£21,042,000
	Total Current Liabilities	£56,316,000	6.9%	£52,686,000	6.4%	£49,525,000	-16.5%	£59,334,000	-28.1%	£82,501,000
	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

.

Capital & Reserves

	Date Of Accounts	28/01/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£770,000	-	£770,000	-	£770,000	-	£770,000	-	£770,000
	P & L Account Reserve	£81,602,000	37.5%	£59,351,000	16.4%	£50,987,000	38.2%	£36,903,000	8.4%	£34,059,000
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	£23,496,000	-	£23,496,000	-	£23,496,000	-	£23,496,000	-	-
	Shareholder Funds	£105,868,000	26.6%	£83,617,000	11.1%	£75,253,000	23%	£61,169,000	75.6%	£34,829,000

Other Financial Items

	Date Of Accounts	28/01/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£102,902,000	27.4%	£80,759,000	7.9%	£74,843,000	23.1%	£60,799,000	76.8%	£34,392,000
	Working Capital	£90,999,000	32.4%	£68,756,000	10.7%	£62,096,000	38.3%	£44,901,000	219.4%	£14,056,000
	Total Assets	£162,184,000	19%	£136,303,000	9.2%	£124,778,000	3.5%	£120,503,000	2.7%	£117,330,000
	Total Liabilities	£56,316,000	6.9%	£52,686,000	6.4%	£49,525,000	-16.5%	£59,334,000	-28.1%	£82,501,000
	Net Assets	£105,868,000	26.6%	£83,617,000	11.1%	£75,253,000	23%	£61,169,000	75.6%	£34,829,000

Cash Flow

	Date Of Accounts	28/01/17	(%)	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	28/01/17	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
	Capital Employed	£105,868,000	26.6%	£83,617,000	11.1%	£75,253,000	23%	£61,169,000	75.6%	£34,829,000
	Number of Employees	2105	10.9%	1898	5.2%	1805	1.7%	1775	2.4%	1733
	Accountants
	Auditors	KPMG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	28/01/17	31/12/15	31/12/14	31/12/13	31/12/12
	Pre-tax profit margin %	6.70	8.09	4.54	1.54	4.54
	Current ratio	2.62	2.31	2.25	1.76	1.17
	Sales/Net Working Capital	3.71	4.10	4.05	4.86	14.38
	Gearing %	0	0	0	0	0
	Equity in %	66.50	62.70	60.50	50.90	29.80
	Creditor Days	38.49	32.47	37.57	37.54	23.53
	Debtor Days	19.07	23.39	31.58	31.94	31.08
	Liquidity/Acid Test	1.59	1.12	1.07	0.81	0.69
	Return On Capital Employed %	21.37	27.24	15.20	5.49	26.32
	Return On Total Assets Employed %	13.95	16.71	9.16	2.78	7.81
	Current Debt Ratio	0.53	0.63	0.65	0.97	2.36
	Total Debt Ratio	0.53	0.63	0.65	0.97	2.36
	Stock Turnover Ratio %	17.03	22.05	23.27	25.72	19.37
	Return on Net Assets Employed %	21.37	27.24	15.20	5.49	26.32

Event History View Documents

Date	Description
04/10/2017	Payment Data Update Received
27/09/2017	Payment Data Update Received
26/09/2017	New Accounts Filed
26/09/2017	New Accounts Filed
14/09/2017	Payment Data Update Received
17/07/2017	Confirmation Statement
01/04/2017	Payment Data Update Received
18/01/2017	Payment Data Update Received
24/12/2016	Payment Data Update Received
20/12/2016	Payment Data Update Received
13/12/2016	Payment Data Update Received
07/12/2016	Payment Data Update Received
16/11/2016	Payment Data Update Received
13/10/2016	New Accounts Filed
13/10/2016	New Accounts Filed

Previous Company Names

Date	Previous Name
31/01/1993	HOUSE OF FRASER (SHOES) LIMITED
13/04/1989	KURT GEIGER HOLDINGS LIMITED
08/09/1982	MAGLI S.P.A. (LONDON) LIMITED

Writ Details

No writs found

Statistics

Group	9 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	KG GROUP HOLDINGS LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	JASPER FOOTWEAR TOPCO LTD

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
JASPER FOOTWEAR TOPCO LTD	N/A	-	-
KURT GEIGER TOPCO LTD	N/A	-	-
JASPER FOOTWEAR LIMITED	08794815	28.01.2017	N
KG GROUP HOLDINGS...	06500942	28.01.2017	N
KURT GEIGER LIMITED	00968046	28.01.2017	N	£337,653,000
KURT GEIGER SHO...	00782686	28.01.2017	N
CARVELA LIMITED	01263859	28.01.2017	N
SHOEAHOLICS LIM...	02966052	28.01.2017	N
KURT GEIGER IRE...	IE446264	28.01.2017	N	€19,907,754

Statistics

Group	9 companies
Linkages	0 companies
Countries	In 0 countries

Exact CCJ Details

Date	Court	Amount	Status	Case Number	Date Paid
11/04/2018	COUNTY COURT BUSINESS CENTRE	£387	Judgment	E1AR012X	-
02/07/2014	COUNTY COURT MONEY CLAIMS CENTRE	£533	Judgment	A31YM946	-
08/05/2014	COUNTY COURT MONEY CLAIMS CENTRE	£8,327	Judgment	A82YJ574	-
09/07/2013	NORTHAMPTON CCBC	£1,505	Satisfied	3XF80860	20/08/2013
17/10/2012	NORTHAMPTON CCBC	£7,174	Judgment	2XK92895	-
02/07/2012	NORTHAMPTON CCMCC	£150	Judgment	2YJ77791	-

Possible CCJs Details

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

There are no possible CCJ details

Mortgage Details

Mortgage Type:
Date Charge Created:	18/05/16
Date Charge Registered:	20/05/16
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	ING BANK N.V., LONDON BRANCH;
Amount Secured:
Details:	THE CHARGOR CHARGES BY WAY OF FIRST LEGAL MORTGAGE REAL PROPERTY AND ALL REAL PROPERTY IN ENGLAND OR WALES NOW BELONGING TO IT, INCLUDING THE LAND AT 24 BRITTON STREET, CLERKENWELL (TITLE NUMBER AGL247514) AND THE OTHER PROPERTIES SPECIFIED IN SCHEDULE 1 (REAL PROPERTY). FOR FURTHER DETAIL PLEASE SEE CLAUSE 2.4(A) (REAL PROPERTY) OF THE DEBENTURE.THE CHARGOR CHARGES BY WAY OF FIRST FIXED CHARGE ALL ITS RIGHTS, TITLE AND INTEREST PRESENT AND FUTURE IN AND TO INTELLECTUAL PROPERTY AND ALL RELATED RIGHTS. FOR FURTHERINFORMATION PLEASE SEE CLAUSE 2.4(D) (INTELLECTUAL PROPERTY).CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	08/04/14
Date Charge Registered:	24/04/14
Date Charge Satisfied:	29/07/16
Status:	SATISFIED
Person(s) Entitled:	US BANK TRUSTEES LIMITED (THE "SECURITY AGENT");
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:
Date Charge Created:	08/04/14
Date Charge Registered:	15/04/14
Date Charge Satisfied:	29/07/16
Status:	SATISFIED
Person(s) Entitled:	U.S. BANK TRUSTEES LIMITED AS SECURITY AGENT;
Amount Secured:
Details:	TRADE MARK NO'S UK00002385430, UK00002412334 AND UK00002515338 PLEASE SEE IMAGEFOR DETAILS OF FURTHER LAND (INCLUDING BUILDINGS), SHIP, AIRCRAFT OR INTELLECTUAL PROPERTY CHARGED.CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:
Date Charge Created:	08/04/14
Date Charge Registered:	11/04/14
Date Charge Satisfied:	29/07/16
Status:	SATISFIED
Person(s) Entitled:	BURDALE FINANCIAL LIMITED;
Amount Secured:
Details:	A FIRST LEGAL MORTGAGE OVER ALL ESTATESOR INTERESTS IN ANY FREEHOLD OR LEASEHOLD PROPERTY.A FIRST FIXED CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTY THAT THE COMPANY HAS NOW OR MAY SUBSEQUENTLY ACQUIRE, WHICH IS NOT COVERED BY THE LEGAL MORTGAGE.A FIRST FIXED CHARGE OVER ALLPRESENT AND FUTURE INTELLECTUAL PROPERTY.CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:
Date Charge Created:	08/04/14
Date Charge Registered:	11/04/14
Date Charge Satisfied:	29/07/16
Status:	SATISFIED
Person(s) Entitled:	BURDALE FINANCIAL LIMITED;
Amount Secured:
Details:	A FIRST FIXED CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTY THAT THE COMPANY HAS NOW OR MAY SUBSEQUENTLY ACQUIRE.A FIRST FIXED CHARGE OVER ALL PRESENT AND FUTURE INTELLECTUAL PROPERTY.CONTAINS FIXED CHARGE.CONTAINS FLOATING CHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.
Mortgage Type:	DEBENTURE
Date Charge Created:	22/02/08
Date Charge Registered:	28/02/08
Date Charge Satisfied:	08/06/11
Status:	SATISFIED
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (THE 'SECURITY AGENT
Amount Secured:
Details:	FOR DETAILS OF PROPERTY CHARGED PLEASE REFER TO FORM 395. FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY. SEE IMAGE FOR FULL DETAILS

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	04/07/05
Date Charge Registered:	20/07/05
Date Charge Satisfied:	29/02/08
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS PRIVATE EQUITY LIMITED (THE "SECURITY TRUSTEE")
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE OF ANY MEMBER OF THE GROUP TO THE SECURITY TRUSTEE AND/OR THE OTHERSECURED PARTIES (ORANY OF THEM) ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 16/17 WHITE LION WALK GUILDFORD SURREY T/NO SY558287,30 HAMPSTEAD HIGH STREET LONDON T/NO NGL833314,UNIT 9 1/2 NORTH STREET BRIGHTON AND 44 EAST STREET BRIGHTON T/NO ESX280543 (FOR DETAILS OF FURTHER PROPERTIES CHARGED PLEASE REFER TOFORM 395) ALL OTHER PROPERTY AND ALL INVESTMENTS IN PROPERTY,ALL LICENCES AND THE BENEFIT OF ALL OTHER AGREEMENTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	04/07/05
Date Charge Registered:	15/07/05
Date Charge Satisfied:	08/03/08
Status:	SATISFIED
Person(s) Entitled:	LLOYDS TSB BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE OF ANY MEMBER OF THE GROUP TO THE SECURITY TRUSTEE AND/OR THE OTHERSECURED PARTIES (ORANY OF THEM) ON ANY ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 16/17 WHITE LION WALK GUILDFORD SURREY T/NO SY558287,30 HAMPSTEAD HIGH STREET (GROUND FLOOR ANDBASEMENT) LONDON T/NO NGL833314,UNIT 9 1/2 NORTH STREETBRIGHTON AND 44 EAST STREET BRIGHTON SUSSEXT/NO ESX280543 (FOR DETAILS OF FURTHER PROPERTIES CHARGED PLEASE REFER TO FORM 395),FIXED CHARGE ALLTHE PROPERTY,ALL THE OTHER PROPERTY,ALL LICENCES,ALL PLANTAND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	DEBENTURE
Date Charge Created:	03/07/84
Date Charge Registered:	13/07/84
Date Charge Satisfied:	13/07/84
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:	CHARGE
Date Charge Created:	06/11/79
Date Charge Registered:	13/11/79
Date Charge Satisfied:	26/01/01
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK LTD
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	PART OF GROUND FLOOR 207 SLOANE ST, SW1.

Previous Director/Company Secretaries

Name	Current Active Appointments		Previous Appointments	Dissolved Companies
Ira Martin Dansky	0		5	4
Wesley Roy Card	1		5	4
Susan Jerman	0		37	45
Ali Fayed	1		14	4
David Richard Wilson	0		11	11
James Michael Walsh	0		16	4
John Graham Hawkins	0		17	14
Robert James Fallowfield	1		33	98
Eswantrao Prem Toocaram	0		3	0
Jack Alan Blackwell	0		2	0
Rosemary Lucy Winifred Dartnall	0		2	1
Peter Bollicier	0		12	0
Terrance Anthony Deards	0		7	4
Gunter Gruterich	0		4	0
Omar Hugh Bayoumi	4		17	6
Simon Geoffrey Vardigans	9		19	42
Philip Sidney Watson	0		6	1
James Ralph Parnell Davies	0		42	86
Ingrid Sofia Degiacomi	0		1	0
Terence Brian Oram	0		2	0
Crispin Paul Mardon	3		20	12
Neil Charles Clifford	0		2	0
John Charles Bradley	0		18	12
Tanya Coff	0		3	3
Nigel Charles Craig Blow	0		4	1
Martha Shaffer Wikstrom	0		6	0
Max Robley Rigelman	0		5	0
Simon David Hatherly Dean	0		36	33
Sarah Jane Andrews	1		1	0
Richard Guy Marie Simonin	0		8	1
David John Wilkinson	0		6	3
Bianca Patricia Foley	0		4	1
Andrew David Lee	1		2	4
Clive Pieter De Boer	0		11	5
Sally McClymont	0		4	4
Total Persons With Significant Control	1	Total Statements		0
Active	1	Active		0
Ceased	0	Ceased		0

Active Persons With Significant Control

Name	Kg Group Holdings Ltd	Kind	Corporate Entity With Significant Control
Address	Kurt Geiger Limited 24 Britton Street, London	Notified On	06/04/2016
Post Code	EC1M 5UA	Legal Form	Private Limited Company,
Authority	England And Wales	Place Registered	Companies House
Country Registered	Uk	Registration Number	06500942
Nature Of Control	Right to appoint and remove directors

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 67.96
UK Pound	1	INR 91.88
Euro	1	INR 80.26
GBP	1	INR 91.42

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

INFORMATION DETAILS

Analysis Done by :	NIY
Report Prepared by :	KET

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.