3decades

MIRA INFORM REPORT

Report No. :	510559
Report Date :	21.05.2018

IDENTIFICATION DETAILS

Name :	FIBERCORE LIMITED

Formerly Known As :	FIRE ACQUISITION LIMITED

Registered Office :	Fibercore House, University Parkway Southampton, Science Park Southampton, SO16 7QQ

Country :	United Kingdom

Financials (as on) :	31.07.2016

Date of Incorporation :	25.02.1993

Com. Reg. No.:	02795233

Legal Form :	Private Limited with Share Capital

Line of Business :	· Other manufacturing n.e.c. · Design, production and sale of special purpose optical fibres. Accounts data converted from US dollar.

No. of Employees :	38

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate 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

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 Summary

Registered Address

Fibercore House
University Parkway Southampton
Science Park Southampton
SO16 7QQ

Trading Address

Fibercore House
University Parkway
Southampton Science Park, Chilworth
Southampton, Hampshire
SO16 7QQ

Website Address http://www.fibrecore.com

Company Number 02795233

Telephone Number 02380769893

Fax Number -

TPS Yes

FPS Yes

Incorporation Date 25/02/1993

Previous Name FIRE ACQUISITION LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 13/04/1993

Filing Date of Accounts 23/02/2017

Currency USD

Share Capital £400,000

SIC07 32990

Charity Number -

SIC07 Description Other manufacturing n.e.c.

Principal Activity Design, production and sale of special purpose optical fibres. Accounts data

converted from US dollar.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company HUMANETICS INNOVATIVE SOLUTIONS INC

Accountant -

Mortgages 3

Group 5 companies

Linkages 1 companies

Countries In 1 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.07.2016	£10,435,445	£3,704,892	£25,328,789	38
31.07.2015	£8,910,986	£2,727,346	£22,169,206	36
31.07.2014	£8,151,993	£2,651,578	£17,129,014	35

Mortgage summary

Total Mortgage 3

Outstanding 1

Satisfied 2

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 Medium company.

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

This company's return on total assets employed ratio indicates a highly efficient use of assets.

The company has more cash than short term bank borrowings.

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	3	Total Current Secretaries	0
Total Previous Directors / Company Secretaries	24	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Christopher Emslie	Nationality	British
Date of Birth	03/1961	Present Appointments	3
Latest Address	Gartref Roman Drive, Chilworth, Southampton	Appointment Date	21/02/1994
Post Code	SO16 7HS
Title	Mr	Function	Director
Name	Christopher O'Connor	Nationality	American
Date of Birth	12/1963	Present Appointments	4
Latest Address	Fibercore House, University Parkway Southampton, Science Park Southampton, Hampshire	Appointment Date	01/02/2017
Post Code	SO16 7QQ

Title	Mr	Function	Director
Name	James Patrick Habel	Nationality	American
Date of Birth	10/1974	Present Appointments	2
Latest Address	Fibercore House, University Parkway Southampton, Science Park Southampton, Hampshire	Appointment Date	09/10/2017
Post Code	SO16 7QQ

Current Company Secretary

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
H.I.G. EUROPE-FIBERCORE BIDCO 2 LTD	USD	400,000	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Turnover	£10,435,445	17.1%	£8,910,986	9.3%	£8,151,993	63.3%	£4,992,504	-50%	£9,994,191
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Cost of Sales	£2,578,188	8.9%	£2,366,480	14.4%	£2,069,491	35.7%	£1,525,487	-41.4%	£2,603,588
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Gross Profit	£7,857,257	20.1%	£6,544,507	7.6%	£6,082,503	75.4%	£3,467,016	-53.1%	£7,390,603
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Wages & Salaries	£3,178,829	1.7%	£3,124,298	17.1%	£2,667,497	39.6%	£1,910,920	-8.7%	£2,093,068
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Directors Emoluments	£454,691	-6.6%	£486,768	-12.4%	£555,786	43.7%	£386,682	15.4%	£334,968
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	£837,081	-82.1%	£4,685,039
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Depreciation	£330,393	1.7%	£324,779	3.6%	£313,538	4.8%	£299,225	-3.2%	£309,152
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Audit Fees	£49,719	-27.9%	£68,966	99.3%	£34,607	17.9%	£29,360	5.8%	£27,753
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Interest Payments	£10,425	-7.1%	£11,227	35.2%	£8,306	-	-	-100%	£45,824
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Pre Tax Profit	£3,704,892	35.8%	£2,727,346	2.9%	£2,651,578	197.9%	£890,180	-80.9%	£4,665,677
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Taxation	-£545,309	-34.9%	-£404,170	8.2%	-£440,199	-157.2%	-£171,164	83.3%	-£1,026,849
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Profit After Tax	£3,159,583	36%	£2,323,176	5.1%	£2,211,379	207.6%	£719,015	-80.2%	£3,638,828
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Retained Profit	£3,159,583	36%	£2,323,176	5.1%	£2,211,379	207.6%	£719,015	-80.2%	£3,638,828

Balance Sheet

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Tangible Assets	£4,601,443	-3.2%	£4,751,403	12.1%	£4,237,265	3.5%	£4,092,329	-7.2%	£4,410,094
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Intangible Assets	£2,972,735	2.7%	£2,893,344	127.2%	£1,273,533	183.1%	£449,775	-41.3%	£766,748
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Fixed Assets	£7,574,178	-0.9%	£7,644,747	38.7%	£5,510,797	21.3%	£4,542,104	-12.3%	£5,176,843
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Stock	£2,114,675	10.5%	£1,914,194	60.4%	£1,193,245	-17.3%	£1,442,404	20.1%	£1,201,110
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Trade Debtors	£2,320,770	57.5%	£1,473,136	11.7%	£1,319,214	142.7%	£543,478	-53.7%	£1,172,712
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Cash	£8,317,562	-13.6%	£9,623,897	16.7%	£8,246,816	21.5%	£6,787,856	17.6%	£5,769,975
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Other Debtors	£7,599,038	63.4%	£4,651,965	67%	£2,785,853	181.2%	£990,755	-9.8%	£1,097,844
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Current Assets	£20,352,045	15.2%	£17,663,192	30.4%	£13,545,127	38.7%	£9,764,493	5.7%	£9,241,642
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Trade Creditors	£319,166	4.7%	£304,731	5.3%	£289,313	14.4%	£252,999	9.8%	£230,412
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Other Short Term Finance	£156,375	-50%	£312,751	273.4%	£83,749	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£1,039,294	-20.4%	£1,305,533	28.8%	£1,013,981	73.4%	£584,708	-42.4%	£1,015,232
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Current Liabilities	£1,514,836	-21.2%	£1,923,015	38.6%	£1,387,043	65.6%	£837,706	-32.7%	£1,245,643
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£1,082,598	-10.9%	£1,215,718	125.2%	£539,867	22.8%	£439,780	-3.2%	£454,369
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£1,082,598	-10.9%	£1,215,718	125.2%	£539,867	22.8%	£439,780	-3.2%	£454,369

Capital & Reserves

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Called Up Share Capital	£320,770	-	£320,770	15.9%	£276,855	10.8%	£249,875	-3.2%	£258,164
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	P & L Account Reserve	£24,939,054	14.5%	£21,779,471	29.7%	£16,792,636	32%	£12,725,512	2.6%	£12,404,802
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Sundry Reserves	£68,966	-	£68,966	15.9%	£59,524	10.8%	£53,723	-3.2%	£55,505
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Shareholder Funds	£25,328,789	14.3%	£22,169,206	29.4%	£17,129,014	31.5%	£13,029,110	2.4%	£12,718,472

Other Financial Items

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Net Worth	£22,356,055	16%	£19,275,862	21.6%	£15,855,482	26%	£12,579,335	5.3%	£11,951,723
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Working Capital	£18,837,209	19.7%	£15,740,176	29.5%	£12,158,084	36.2%	£8,926,787	11.6%	£7,995,998
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Assets	£27,926,223	10.3%	£25,307,939	32.8%	£19,055,925	33.2%	£14,306,597	-0.8%	£14,418,485
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Liabilities	£2,597,434	-17.2%	£3,138,733	62.9%	£1,926,910	50.8%	£1,277,486	-24.9%	£1,700,013
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Net Assets	£25,328,789	14.3%	£22,169,206	29.4%	£17,129,014	31.5%	£13,029,110	2.4%	£12,718,472

Cash Flow

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/07/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13	(%)	31/07/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Capital Employed	£26,411,387	12.9%	£23,384,924	32.4%	£17,668,882	31.2%	£13,468,891	2.2%	£13,172,841
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Number of Employees	38	5.6%	36	2.9%	35	9.4%	32	-	32
	Accountants
	Auditors	PRICEWATERHOUSECOOPERS LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/07/16	31/07/15	31/07/14	31/07/13	31/07/12
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	35.50	30.61	32.53	17.83	46.68
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Current ratio	13.44	9.19	9.77	11.66	7.42
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	0.55	0.57	0.67	0.56	1.25
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Gearing %	4.30	5.50	3.20	3.40	3.60
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Equity in %	101.50	98.90	96.30	94	93.20
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Creditor Days	11.13	12.44	12.91	18.44	8.39
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Debtor Days	80.95	60.17	58.90	39.62	42.71
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	12.03	8.18	8.90	9.93	6.45
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Return On Capital Employed %	14.02	11.66	15	6.60	35.41
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	13.26	10.77	13.91	6.22	32.35
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.05	0.08	0.08	0.06	0.09
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.10	0.14	0.11	0.09	0.13
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	20.26	21.48	14.63	28.89	12.01
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	14.62	12.30	15.48	6.83	36.68

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
02/11/2017	Mr T. Harris has left the board
02/11/2017	New Board Member Mr J.P. Habel appointed
18/08/2017	New Board Member Mr T. Harris appointed
31/05/2017	Payment Data Update Received
15/03/2017	Annual Returns
01/03/2017	New Accounts Filed
01/03/2017	New Accounts Filed
08/02/2017	New Board Member Mr T. Harris appointed
08/02/2017	New Board Member Mr C. O'Connor appointed
07/02/2017	Mr A.C. Hulme has left the board
24/12/2016	Payment Data Update Received
02/12/2016	Payment Data Update Received
09/11/2016	Payment Data Update Received
27/04/2016	New Accounts Filed
27/04/2016	New Accounts Filed

Previous Company Names

Date	Previous Name
13/04/1993	FIRE ACQUISITION LIMITED

Writ Details

No writs found

Statistics

Group	5 companies
Linkages	1 companies
Countries	In 1 countries

Summary

Holding Company	H.I.G. EUROPE - FIBERCORE BIDCO 2 LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	HUMANETICS INNOVATIVE SOLUTIONS INC

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\tminus.gif$ HUMANETICS INNOVATIVE SO...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\tminus.gif$ ROUSE ACQUISITIONCO LI...	10551260	-	N
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\tminus.gif$ H.I.G. EUROPE - FIBE...	07393207	31.07.2016	Y	£10,435,445
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\tminus.gif$ H.I.G. EUROPE - FI...	07458413	31.07.2016	N
$Description: \\vivek-pc\123 Foreign Report Raw\FIBERCORE LIMITED_files\L.gif$ FIBERCORE LIMITED	02795233	31.07.2016	N	£10,435,445

Mortgage Details

Mortgage Type:
Date Charge Created:	01/02/17
Date Charge Registered:	13/02/17
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS NEGATIVEPLEDGE.
Mortgage Type:	DEBENTURE
Date Charge Created:	23/08/11
Date Charge Registered:	26/08/11
Date Charge Satisfied:	13/02/17
Status:	SATISFIED
Person(s) Entitled:	HSBC BANK PLC;
Amount Secured:
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 SEE IMAGEFOR FULL DETAILS

Mortgage Type:	DEBENTURE
Date Charge Created:	11/02/11
Date Charge Registered:	21/02/11
Date Charge Satisfied:	26/08/11
Status:	SATISFIED
Person(s) Entitled:	H.I.G.LUXEMBOURG HOLDINGS NINE S.A.R.L.
Amount Secured:
Details:	ALL THE REAL PROPERTY,ALL THE SHARES AND DIVIDENDS,ALL THE CHATTELS,ALL ITS RIGHTS AND INTEREST IN AND TO THE ACCOUNTS SEE IMAGE FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Leonard Vincent Triggiani	0			1	0
Richard John Battaglia	0			1	0
John Roger Triebe	0			1	0
Anna Maria Fell Soroko	0			3	7
Douglas Reistroffer	0			1	0
Robert Clifford Carr	0			1	0
Frank Sroka	0			2	0
Frank Sroka	0			2	0
John Hamilton Clark	0			1	0
Julian Eidson	0			1	0
George Steiner	1			1	0
Anita Sheree Gifford	0			1	1
Beth Hornbuckle Tyler	0			1	1
John Keating Conway	0			1	3
Annick De Waele	0			1	2
Steven Boyd	0			1	0
Thomas Harris	2			4	8
Michael Alan Foy	0			1	0
John Wharton	0			1	0
Bryan Benfield	0			1	1
Simon Dunlop	1			12	26
Angus Charles Hulme	0			4	1
HACKWOOD SERVICE COMPANY	0			46	115
HACKWOOD DIRECTORS LIMITED	6			874	1541
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Mr David Caldwell Dominik	Kind	Individual Person With Significant Control
Address	2765 Rabbit Brush Lane, Jackson, Wy 83001	Country Of Residence	Usa
Post Code	-	Nationality	American
Date of Birth	04/1956	Notified On	01/02/2017
Nature Of Control	Has significant influence or control

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 80.26
GBP	1	INR 91.41

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

INFORMATION DETAILS

Analysis Done by :	PRA

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.

Name	Number	Latest Key Financials	Turnover
FIBERTRONIX AB	5567729388	31.12.2015