|
|
|
MIRA
INFORM REPORT
|
Report No. : |
510602 |
|
Report Date : |
22.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ELCOMETER LIMITED |
|
|
|
|
Formerly Known As : |
SELLARS ELECTRONICS LIMITED |
|
|
|
|
Registered Office : |
Edge Lane Manchester M43 6BU |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2017 |
|
|
|
|
Date of Incorporation : |
07.06.1983 |
|
|
|
|
Com. Reg. No.: |
01729726 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture of electronic measuring, testing. Equipment, not for
industrial process control |
|
|
|
|
No. of Employees : |
271 (2017) |
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+ |
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
ELCOMETER
LIMITED
EDGE LANE MANCHESTER M43 6BU
Company No.
01729726
Company Status
Active - Accounts Filed
Company Summary
Registered Address EDGE
LANE
MANCHESTER
M43 6BU
Trading
Address Edge Lane
Droylsden
Manchester
Lancashire
M43 6BU
Website Address http://www.elcometer480.com
Telephone Number 01613716000
Fax Number
TPS No
FPS Yes
Incorporation Date 07/06/1983
Previous Name SELLARS
ELECTRONICS LIMITED
Type Private
limited with Share Capital
FTSE Index -
Date of Change 14/06/2008
Filing Date of Accounts 02/12/2017
Currency GBP
Share Capital £11,910
SIC07 26511
Charity Number -
SIC07
Description MANUFACTURE
OF ELECTRONIC MEASURING, TESTING ETC. EQUIPMENT, NOT FOR INDUSTRIAL PROCESS
CONTROL
Principal Activity A
group engaged in the design, manufacture, sale and reapir of instruments for
measuring and testing of surface coating and concrete, industrial metal
detection equipment, SPC software and hardware including associate testing and
calibration equipment.
Additional Information
CCJ's 0
(£0)
No CCJ Information To Display
Ultimate Holding Company ELCOMETER
LIMITED
Accountant -
Mortgages 4
Group 6
companies
Linkages 1
companies
Countries In
1 countries
Key Financials
Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees
31/03/2017 £36,220,482
£6,583,009 £31,914,716 271
31/03/2016 £31,119,290
£4,549,205 £26,455,615 258
31/03/2015 £30,741,560
£4,631,988 £24,411,921 258
Mortgage Summary
Total Mortgage 4
Outstanding 2
Satisfied 2
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 strong equity funding. |
|
The company has more cash than short term bank borrowings. |
|
This company trades in an industry with a moderate 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 |
0 |
|
Total Previous Directors / Company Secretaries |
4 |
Total Person's With Significant Control |
2 |
Current Directors
|
Title |
Mr |
Function |
Director |
|
Name |
Michael Carrington Sellars |
Nationality |
British |
|
Date of Birth |
07/1972 |
Present Appointments |
5 |
|
Latest Address |
Edge Lane, Manchester |
Appointment Date |
15/07/2002 |
|
Post Code |
M43 6BU |
||
|
Title |
Ms |
Function |
Director |
|
Name |
Nanette Patricia Everall Sellars |
Nationality |
British |
|
Date of Birth |
05/1943 |
Present Appointments |
5 |
|
Latest Address |
Edge Lane, Manchester |
Appointment Date |
10/04/2008 |
|
Post Code |
M43 6BU |
||
Current Company Secretary
Top Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
NANETTE SELLARS |
GBP |
6,190 |
ORDINARY |
1 |
51.97 |
|
MICHAEL SELLARS |
GBP |
2,860 |
ORDINARY |
1 |
24.01 |
|
NANETTE P.E. SELLARS & MICHAEL CARRINGTON SELLARS |
GBP |
1,430 |
ORDINARY |
1 |
12.01 |
|
NANETTE P.E. SELLARS & DEBORAH SELLARS |
GBP |
1,430 |
ORDINARY |
1 |
12.01 |
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 |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
|
|
|
Turnover |
£36,220,482 |
16.4% |
£31,119,290 |
1.2% |
£30,741,560 |
2.1% |
£30,122,707 |
8% |
£27,891,559 |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Cost of Sales |
£17,069,948 |
15.9% |
£14,730,896 |
-0.5% |
£14,799,017 |
1% |
£14,646,648 |
19.3% |
£12,275,509 |
|
|
Gross Profit |
£19,150,534 |
16.9% |
£16,388,394 |
2.8% |
£15,942,543 |
3% |
£15,476,059 |
-0.9% |
£15,616,050 |
|
|
Wages & Salaries |
£12,097,686 |
6.4% |
£11,375,333 |
6.5% |
£10,683,497 |
4.1% |
£10,266,458 |
5.8% |
£9,704,133 |
|
|
Directors Emoluments |
£1,188,951 |
9.1% |
£1,089,435 |
7.2% |
£1,015,948 |
8.8% |
£933,614 |
-0.4% |
£937,422 |
|
|
Operating Profit |
£6,694,455 |
42.7% |
£4,691,155 |
-0.9% |
£4,735,965 |
-5.2% |
£4,993,531 |
17.7% |
£4,241,888 |
|
|
Depreciation |
£858,638 |
13.9% |
£753,933 |
21.1% |
£622,426 |
18.8% |
£523,961 |
14.3% |
£458,572 |
|
|
Audit Fees |
£24,500 |
2.1% |
£24,000 |
- |
£24,000 |
- |
£24,000 |
- |
£24,000 |
|
|
Interest Payments |
£109,784 |
-7.5% |
£118,666 |
-6.5% |
£126,898 |
-16.5% |
£151,977 |
-55.8% |
£343,876 |
|
|
Pre Tax Profit |
£6,583,009 |
44.7% |
£4,549,205 |
-1.8% |
£4,631,988 |
-4.3% |
£4,840,491 |
19.5% |
£4,049,783 |
|
|
Taxation |
-£1,247,046 |
-43.6% |
-£868,216 |
-12.1% |
-£774,680 |
16.5% |
-£927,529 |
-12.8% |
-£821,981 |
|
|
Profit After Tax |
£5,335,963 |
45% |
£3,680,989 |
-4.6% |
£3,857,308 |
-1.4% |
£3,912,962 |
21.2% |
£3,227,802 |
|
|
Dividends Payable |
- |
-100% |
£2,000,000 |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
£5,335,963 |
217.4% |
£1,680,989 |
-56.4% |
£3,857,308 |
-1.4% |
£3,912,962 |
21.2% |
£3,227,802 |
Balance Sheet
|
Date Of Accounts |
31/03/17 |
(%) |
31/03/16 |
(%) |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
|
|
|
Tangible Assets |
£9,580,123 |
29% |
£7,427,491 |
-1.7% |
£7,558,238 |
7% |
£7,065,651 |
23.6% |
£5,715,055 |
|
|
Intangible Assets |
£1,930,292 |
8.5% |
£1,779,640 |
-11.4% |
£2,008,719 |
-11.3% |
£2,265,526 |
-6% |
£2,409,171 |
|
|
Total Fixed Assets |
£11,510,415 |
25% |
£9,207,131 |
-3.8% |
£9,566,957 |
2.5% |
£9,331,177 |
14.9% |
£8,124,226 |
|
|
Stock |
£7,928,001 |
-0.4% |
£7,961,725 |
6.4% |
£7,486,028 |
6.8% |
£7,011,104 |
15.2% |
£6,084,628 |
|
|
Trade Debtors |
£4,425,795 |
24.2% |
£3,563,869 |
6.3% |
£3,352,370 |
1.4% |
£3,306,750 |
-9% |
£3,635,322 |
|
|
Cash |
£15,492,774 |
37% |
£11,308,096 |
9.6% |
£10,314,032 |
29.8% |
£7,945,398 |
18.5% |
£6,705,587 |
|
|
Other Debtors |
£760,391 |
20.1% |
£632,983 |
-3.3% |
£654,252 |
-25.6% |
£879,264 |
50.5% |
£584,321 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£28,606,961 |
21.9% |
£23,466,673 |
7.6% |
£21,806,682 |
13.9% |
£19,142,516 |
12.5% |
£17,009,858 |
|
|
Trade Creditors |
£2,442,299 |
124.3% |
£1,088,989 |
-27.3% |
£1,497,871 |
-35.2% |
£2,311,019 |
20.3% |
£1,920,639 |
|
|
Bank Loans & Overdrafts |
£150,865 |
-3.7% |
£156,631 |
6.4% |
£147,228 |
7.3% |
£137,260 |
-45.1% |
£250,170 |
|
|
Other Short Term Finance |
0 |
- |
0 |
-100% |
£764,540 |
-0.4% |
£767,829 |
2.6% |
£748,221 |
|
|
Miscellaneous Current Liabilities |
£3,765,870 |
11.5% |
£3,376,356 |
47.3% |
£2,292,863 |
-10.5% |
£2,561,758 |
14.5% |
£2,238,078 |
|
|
Total Current Liabilities |
£6,359,034 |
37.6% |
£4,621,976 |
-1.7% |
£4,702,502 |
-18.6% |
£5,777,866 |
12% |
£5,157,108 |
|
|
Bank Loans & Overdrafts and LTL |
£1,994,491 |
13.8% |
£1,752,844 |
-27.2% |
£2,406,444 |
10.7% |
£2,174,779 |
-22.8% |
£2,818,590 |
|
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
-100% |
£162,657 |
-53.9% |
£352,561 |
|
|
Total Long Term Liabilities |
£1,843,626 |
15.5% |
£1,596,213 |
-29.3% |
£2,259,216 |
10.9% |
£2,037,519 |
-20.7% |
£2,568,420 |
Capital & Reserves
|
Date Of Accounts |
31/03/17 |
(%) |
31/03/16 |
(%) |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
|
|
|
Called Up Share Capital |
£11,910 |
- |
£11,910 |
- |
£11,910 |
- |
£11,910 |
- |
£11,910 |
|
|
P & L Account Reserve |
£31,607,806 |
20.9% |
£26,148,705 |
8.5% |
£24,105,011 |
18.4% |
£20,351,398 |
19% |
£17,101,646 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
£295,000 |
- |
£295,000 |
- |
£295,000 |
- |
£295,000 |
- |
£295,000 |
|
|
Shareholder Funds |
£31,914,716 |
20.6% |
£26,455,615 |
8.4% |
£24,411,921 |
18.2% |
£20,658,308 |
18.7% |
£17,408,556 |
Other Financial Items
|
Date Of
Accounts |
31/03/17 |
(%) |
31/03/16 |
(%) |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
|
|
|
Net Worth |
£29,984,424 |
21.5% |
£24,675,975 |
10.1% |
£22,403,202 |
21.8% |
£18,392,782 |
22.6% |
£14,999,385 |
|
|
Working Capital |
£22,247,927 |
18.1% |
£18,844,697 |
10.2% |
£17,104,180 |
28% |
£13,364,650 |
12.8% |
£11,852,750 |
|
|
Total Assets |
£40,117,376 |
22.8% |
£32,673,804 |
4.1% |
£31,373,639 |
10.2% |
£28,473,693 |
13.3% |
£25,134,084 |
|
|
Total Liabilities |
£8,202,660 |
31.9% |
£6,218,189 |
-10.7% |
£6,961,718 |
-10.9% |
£7,815,385 |
1.2% |
£7,725,528 |
|
|
Net Assets |
£31,914,716 |
20.6% |
£26,455,615 |
8.4% |
£24,411,921 |
18.2% |
£20,658,308 |
18.7% |
£17,408,556 |
Cash Flow
|
Date Of Accounts |
31/03/17 |
(%) |
31/03/16 |
(%) |
31/03/15 |
(%) |
31/03/14 |
(%) |
31/03/13 |
|
|
|
Net Cashflow from Operations |
£8,394,828 |
97.5% |
£4,251,319 |
-0.2% |
£4,257,950 |
-14.1% |
£4,954,768 |
29% |
£3,840,606 |
|
|
Net Cashflow before Financing |
£3,696,356 |
264.8% |
£1,013,206 |
-56.4% |
£2,322,303 |
20.1% |
£1,933,521 |
25.2% |
£1,544,810 |
|
|
Net Cashflow from Financing |
-£125,864 |
4.3% |
-£131,551 |
-6.8% |
-£123,193 |
73.7% |
-£468,109 |
-128.1% |
-£205,181 |
|
|
Increase in Cash |
£3,570,492 |
305% |
£881,655 |
-59.9% |
£2,199,110 |
50.1% |
£1,465,412 |
9.4% |
£1,339,629 |
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 |
£33,758,342 |
20.3% |
£28,051,828 |
5.2% |
£26,671,137 |
17.5% |
£22,695,827 |
13.6% |
£19,976,976 |
|
|
Number of Employees |
271 |
5% |
258 |
- |
258 |
4% |
248 |
5.1% |
236 |
|
Accountants |
||||||||||
|
Auditors |
BDO LLP |
|||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
|||||||||
|
Bankers |
||||||||||
|
Bank Branch Code |
||||||||||
Ratios
|
Date Of Accounts |
31/03/17 |
31/03/16 |
31/03/15 |
31/03/14 |
31/03/13 |
|
|
|
Pre-tax profit margin % |
18.17 |
14.62 |
15.07 |
16.07 |
14.52 |
|
|
Current ratio |
4.50 |
5.08 |
4.64 |
3.31 |
3.30 |
|
|
Sales/Net Working Capital |
1.63 |
1.65 |
1.80 |
2.25 |
2.35 |
|
|
Gearing % |
6.20 |
6.60 |
9.90 |
10.50 |
16.20 |
|
|
Equity in % |
83.60 |
85.60 |
83.10 |
78.80 |
76.60 |
|
|
Creditor Days |
24.54 |
12.73 |
17.73 |
27.92 |
25.06 |
|
|
Debtor Days |
44.47 |
41.68 |
39.69 |
39.95 |
47.44 |
|
|
Liquidity/Acid Test |
3.25 |
3.35 |
3.04 |
2.09 |
2.11 |
|
|
Return On Capital Employed % |
19.50 |
16.21 |
17.36 |
21.32 |
20.27 |
|
|
Return On Total Assets Employed % |
16.40 |
13.92 |
14.76 |
16.99 |
16.11 |
|
|
Current Debt Ratio |
0.19 |
0.17 |
0.19 |
0.27 |
0.29 |
|
|
Total Debt Ratio |
0.25 |
0.23 |
0.28 |
0.37 |
0.44 |
|
|
Stock Turnover Ratio % |
21.88 |
25.58 |
24.35 |
23.27 |
21.81 |
|
|
Return on Net Assets Employed % |
20.62 |
17.19 |
18.97 |
23.43 |
23.26 |
Report Notes
|
There are no notes to display. |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
06/01/2018 |
New Accounts Filed |
|
06/01/2018 |
New Accounts Filed |
|
23/12/2017 |
New Accounts Filed |
|
23/12/2017 |
New Accounts Filed |
|
09/12/2017 |
New Accounts Filed |
|
09/12/2017 |
New Accounts Filed |
|
06/12/2017 |
Payment Data Update Received |
|
03/10/2017 |
Confirmation Statement |
|
06/01/2017 |
New Accounts Filed |
|
06/01/2017 |
New Accounts Filed |
|
04/10/2016 |
Annual Returns |
|
01/12/2015 |
New Accounts Filed |
|
02/10/2015 |
Annual Returns |
|
30/12/2014 |
New Accounts Filed |
|
30/12/2014 |
New Accounts Filed |
Previous Company Names
|
Date |
Previous Name |
|
14/06/2008 |
SELLARS ELECTRONICS LIMITED |
|
13/04/1984 |
MAKEBRONZE LIMITED |
Writ Details
|
No writs found |
Statistics
|
Group |
6 companies |
|
Linkages |
1 companies |
|
Countries |
In 1 countries |
Summary
|
Holding Company |
ELCOMETER LIMITED |
|
Ownership Status |
Ultimately Owned |
|
Ultimate Holding Company |
ELCOMETER LIMITED |
Group Structure Full
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
01729726 |
31.03.2017 |
Y |
£36,220,482 |
|
|
02461935 |
31.03.2017 |
N |
|
|
|
02880970 |
31.03.2017 |
N |
|
|
|
01616196 |
31.03.2017 |
N |
|
|
|
00176104 |
31.03.2017 |
N |
|
|
|
00742425 |
31.03.2017 |
N |
Other Linked Companies
|
Name |
Number |
Latest Key Financials |
Turnover |
|
ELCOMETER SA |
477459338 |
30.03.2017 |
€1,927,576 |
Mortgage Details
|
Mortgage Type: |
MORTGAGE |
||
|
Date Charge Created: |
29/01/07 |
||
|
Date Charge Registered: |
03/02/07 |
||
|
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: |
LAND TO THE WEST SIDE OF EDGE LANE DROYLSDEN MANCHESTER TOGETHER
WITH ALL BUILDINGS AND FIXTURES (INCLUDING TRADE FIXTURES) FIXED PLANT AND
MACHINERY BY WAY OF FIXED CHARGE ALL PRESENT AND FUTURE BOOKAND OTHER DEBTS
FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS
FURNITURE ANDEQUIPMENT BY WAY OF ASSIGNMENT THE GOODWILL OF THE BUSINESS (IF
ANY) THE FULL BENEFIT OF ALL LICENCES AND ALL GUARANTEES |
||
|
Mortgage Type: |
LEGAL MORTGAGE |
||
|
Date Charge Created: |
30/09/85 |
||
|
Date Charge Registered: |
09/10/85 |
||
|
Date Charge Satisfied: |
22/06/16 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
THE SECRETARY OF STATE FOR TRADE & INDUSTRY.; |
||
|
Amount Secured: |
|||
|
Details: |
AREA OF LAND BETWEEN ARBROATH STREET AND THE ASHTON CANAL NEAR
EDGE LANE, DROYLSDEN, GREATER MANCHESTER ALL THAT SINGLESTOREY FACTORY
BUILDING IN THE COURSE OF ERECTION |
||
|
Mortgage Type: |
LEGAL CHARGE |
|||
|
Date Charge Created: |
09/12/83 |
|||
|
Date Charge Registered: |
20/12/83 |
|||
|
Date Charge Satisfied: |
20/12/83 |
|||
|
Status: |
SATISFIED |
|||
|
Person(s) Entitled: |
ELCONETER INSTRUMENTS LIMITED |
|||
|
Amount Secured: |
£57,379.00 |
|||
|
Details: |
F/H PROPERTY TOGETHER WITH ALL THOSE BUILDINGS ERECTED THEREON
OR ON SOME PART THEREOF AT EDGE LANE,DROYLSDEN, GREATERMANCHESTER. |
|||
|
Mortgage Type: |
||||
|
Date Charge Created: |
16/12/83 |
|||
|
Date Charge Registered: |
20/12/83 |
|||
|
Date Charge Satisfied: |
- |
|||
|
Status: |
PARTIAL PROPERTY RELEASE/CEASE TO BELONG |
|||
|
Person(s) Entitled: |
LLOYDS 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 |
|||
Previous Director/Company Secretaries
|
Name |
Current Active Appointments |
Previous Appointments |
Dissolved Companies |
|
||||
|
Thomas Richard Connor |
0 |
4 |
1 |
|
||||
|
Ian Carrington Sellars |
0 |
4 |
2 |
|
||||
|
Raymond John Walker |
0 |
3 |
14 |
|
||||
|
Philip Julian Dodgson |
0 |
4 |
2 |
|
||||
|
Total Persons With Significant Control |
2 |
Total Statements |
0 |
|||||
|
Active |
2 |
Active |
0 |
|||||
|
Ceased |
0 |
Ceased |
0 |
|||||
Active Persons With Significant Control
|
Name |
Mrs Nanette Patricia Everall Sellars |
Kind |
Individual Person With Significant Control |
|
Address |
Edge Lane, Manchester, |
Country Of Residence |
England |
|
Post Code |
M43 6BU |
Nationality |
British |
|
Date of Birth |
05/1943 |
Notified On |
06/04/2016 |
|
Nature Of Control |
Ownership Of Shares 50 To 75 Percent,Voting Rights 50 To 75
Percent |
||
|
Name |
Mr Michael Carrington Sellars |
Kind |
Individual Person With Significant Control |
|
Address |
Edge Lane, Manchester, |
Country Of Residence |
England |
|
Post Code |
M43 6BU |
Nationality |
British |
|
Date of Birth |
07/1972 |
Notified On |
06/04/2016 |
|
Nature Of Control |
Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50
Percent |
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 68.09 |
|
|
1 |
INR 91.41 |
|
Euro |
1 |
INR 79.93 |
|
GBP |
1 |
INR 91.60 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.