MIRA INFORM REPORT

Report No. :	510568
Report Date :	22.05.2018

IDENTIFICATION DETAILS

Name :	GLOBAL DIGITAL SYSTEMS LIMITED
Formerly Known As :	GDS INSTRUMENTS LIMITED
Registered Office :	52c Borough High Street, London, Se1 1xn
Country :	United Kingdom
Financials (as on) :	31.12.2016
Date of Incorporation :	05.11.1979
Com. Reg. No.:	01459108
Legal Form :	Private limited with Share Capital
Line of Business :	· Manufacture of other fabricated metal products n.e.c. · Design, manufacture and distribution of instruments for use in the civil engineering industry.
No. of Employees :	46 [2016]

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	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Satisfactory
Payment Behaviour :	No Complaints
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: GLOBAL DIGITAL SYSTEMS LIMITED

Company No: 01459108

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: 52C BOROUGH HIGH STREETLONDONSE1 1XN

Company Name

GLOBAL DIGITAL SYSTEMS LIMITED

Company Number

01459108

Company Summary

Registered Address 52C BOROUGH HIGH STREET
LONDON
SE1 1XN

Trading Address 52C Borough High Street
London
SE1 1XN

Trading Address Unit 32 Murrell Green Business Park,

London Road, Hook, Hampshire,

RG27 9GR, United Kingdom

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

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 05/11/1979

Previous Name GDS INSTRUMENTS LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 24/01/2005

Filing Date of Accounts27/09/2017

Currency GBP

Share Capital £11,000

SIC07 25990

Charity Number -

SIC07 Description MANUFACTURE OF OTHER FABRICATED METAL PRODUCTS N.E.C.

Principal Activity Design, manufacture and distribution of instruments for use in the civil engineering industry.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company JUDGES SCIENTIFIC PLC

Accountant -

Mortgages 8

Group 22 companies

Linkages 1 companies

Countries In 1 countries

Key Financials

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

31/12/2016 £6,866,689 £1,086,608 £1,982,829 46

31/12/2015 £6,630,963 £913,449 £1,493,128 44

31/12/2014 £5,929,450 £893,968 £1,018,332 42

Mortgage Summary

Total Mortgage 8

Outstanding 5

Satisfied 3

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

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.

The Board of Directors have reduced in size over the last six months.

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 -	-

Back to Top

Show More

Total Current Directors	6	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	6	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	David Elie Cicurel	Nationality	British
Date of Birth	05/1949	Present Appointments	27
Latest Address	52c Borough High Street, London	Appointment Date	06/03/2012
Post Code	SE1 1XN
Other Actions	View Director Report	View Consumer Report	View AML Report
	View Trace Report	View Compliance Report
Title	Mr	Function	Director
Name	Jeremy Andrew Sutton	Nationality	British
Date of Birth	06/1973	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	06/03/2012
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Karl Snelling	Nationality	British
Date of Birth	07/1972	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	06/03/2012
Post Code	SE1 1XN
Title	Mr	Function	Director
Name	Bradley Leonard Ormsby	Nationality	British
Date of Birth	02/1976	Present Appointments	24
Latest Address	52c Borough High Street, London	Appointment Date	04/03/2015
Post Code	SE1 1XN

Title	Mr	Function	Director
Name	Clayton Hunter George Dodd	Nationality	British
Date of Birth	12/1972	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	01/01/2014
Post Code	SE1 1XN
Title	Mr	Function	Director
Name	Mark Stephen Lavelle	Nationality	British
Date of Birth	09/1958	Present Appointments	18
Latest Address	52c Borough High Street, London	Appointment Date	15/11/2017
Post Code	SE1 1XN

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Christopher Talbot	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	52c Borough High Street, London	Appointment Date	30/04/2015
Post Code	SE1 1XN

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
JUDGES SCIENTIFIC PLC	GBP	6,000	ORDINARY B	1	54.55
JUDGES SCIENTIFIC PLC	GBP	5,000	ORDINARY A	1	45.45
1

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	(%)	43
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
	Turnover	£6,866,689	3.6%	£6,630,963	11.8%	£5,929,450	-8.3%	£6,468,429	40.5%	£4,602,380
	Export	£6,111,353	5.9%	£5,768,938	8.1%	£5,336,505	4.4%	£5,110,059	27.6%	£4,004,071
	Cost of Sales	-	-	-	-	-	-	-	-	-
	Gross Profit	-	-	-	-	-	-	-	-	-
	Wages & Salaries	£1,580,142	-2.4%	£1,619,548	11.8%	£1,448,697	3.1%	£1,405,772	45.7%	£964,980
	Directors Emoluments	£292,600	-4.4%	£306,081	17.3%	£260,843	18.3%	£220,412	20.7%	£182,568
	Operating Profit	£1,086,579	19.1%	£912,263	2.1%	£893,894	-23.4%	£1,167,007	30.1%	£897,205
	Depreciation	£18,495	0.4%	£18,413	-11.1%	£20,722	-4%	£21,585	58.2%	£13,642
	Audit Fees	£11,000	-	£11,000	10%	£10,000	-	£10,000	-	£10,000
	Interest Payments	-	-	-	-	-	-	-	-	-
	Pre Tax Profit	£1,086,608	19%	£913,449	2.2%	£893,968	-23.4%	£1,167,270	29.8%	£898,963
	Taxation	-£54,907	62.6%	-£146,653	-3.8%	-£141,277	40.6%	-£237,897	-8.6%	-£219,086
	Profit After Tax	£1,031,701	34.5%	£766,796	1.9%	£752,691	-19%	£929,373	36.7%	£679,877
	Dividends Payable	£542,000	85.6%	£292,000	-75.8%	£1,206,000	101%	£600,000	-45.5%	£1,100,000
	Retained Profit	£489,701	3.1%	£474,796	204.7%	-£453,309	-237.6%	£329,373	178.4%	-£420,123

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Tangible Assets	£64,129	39%	£46,123	-5.5%	£48,825	-24%	£64,222	-5.3%	£67,784
	Intangible Assets	0	-	0	-	0	-	0	-	0
	Total Fixed Assets	£64,129	39%	£46,123	-5.5%	£48,825	-24%	£64,222	-5.3%	£67,784
	Stock	£1,408,443	10.2%	£1,278,436	2.6%	£1,245,597	5%	£1,186,415	6.3%	£1,115,606
	Trade Debtors	£672,054	-29.9%	£959,125	44.3%	£664,817	15.2%	£577,195	29.7%	£445,036
	Cash	£833,303	3.4%	£805,536	37.1%	£587,767	-51.6%	£1,213,652	59.7%	£760,069
	Other Debtors	£122,344	-6.1%	£130,310	28.9%	£101,070	-9.2%	£111,294	77.1%	£62,841
	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
	Total Current Assets	£3,036,144	-4.3%	£3,173,407	22.1%	£2,599,251	-15.8%	£3,088,556	29.6%	£2,383,552
	Trade Creditors	£585,562	-37%	£929,586	34.9%	£689,144	2.9%	£669,563	-20.2%	£839,054
	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
	Other Short Term Finance	£45,836	13.4%	£40,436	-	£40,436	-84.4%	£259,012	618.8%	£36,036
	Miscellaneous Current Liabilities	£483,772	-35.8%	£753,791	-16.1%	£898,643	19.9%	£749,598	72.8%	£433,691
	Total Current Liabilities	£1,115,170	-35.3%	£1,723,813	5.9%	£1,628,223	-3%	£1,678,173	28.2%	£1,308,781
	Bank Loans & Overdrafts and LTL	£2,274	-12.2%	£2,589	70.2%	£1,521	-48.7%	£2,964	932.8%	£287
	Other Long Term Finance	0	-	0	-	0	-	0	-	0
	Total Long Term Liabilities	£2,274	-12.2%	£2,589	70.2%	£1,521	-48.7%	£2,964	932.8%	£287

.

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Called Up Share Capital	£11,000	-	£11,000	-	£11,000	-	£11,000	-	£11,000
	P & L Account Reserve	£1,971,829	33%	£1,482,128	47.1%	£1,007,332	-31%	£1,460,641	29.1%	£1,131,268
	Revaluation Reserve	-	-	-	-	-	-	-	-	-
	Sundry Reserves	-	-	-	-	-	-	-	-	-
	Shareholder Funds	£1,982,829	32.8%	£1,493,128	46.6%	£1,018,332	-30.8%	£1,471,641	28.8%	£1,142,268

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Net Worth	£1,982,829	32.8%	£1,493,128	46.6%	£1,018,332	-30.8%	£1,471,641	28.8%	£1,142,268
	Working Capital	£1,920,974	32.5%	£1,449,594	49.3%	£971,028	-31.2%	£1,410,383	31.2%	£1,074,771
	Total Assets	£3,100,273	-3.7%	£3,219,530	21.6%	£2,648,076	-16%	£3,152,778	28.6%	£2,451,336
	Total Liabilities	£1,117,444	-35.3%	£1,726,402	5.9%	£1,629,744	-3.1%	£1,681,137	28.4%	£1,309,068
	Net Assets	£1,982,829	32.8%	£1,493,128	46.6%	£1,018,332	-30.8%	£1,471,641	28.8%	£1,142,268

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	£1,985,103	32.7%	£1,495,717	46.7%	£1,019,853	-30.8%	£1,474,605	29.1%	£1,142,555
	Number of Employees	46	4.5%	44	4.8%	42	10.5%	38	5.6%	36
	Accountants
	Auditors	GRANT THORNTON UK LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BANK OF COMMERCE
	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 %	15.82	13.78	15.08	18.05	19.53
	Current ratio	2.72	1.84	1.60	1.84	1.82
	Sales/Net Working Capital	3.57	4.57	6.11	4.59	4.28
	Gearing %	0.10	0.20	0.10	0.20	0
	Equity in %	64	46.40	38.50	46.70	46.60
	Creditor Days	31.04	51.02	42.30	37.67	54.87
	Debtor Days	35.62	52.65	40.81	32.48	29.10
	Liquidity/Acid Test	1.45	1.09	0.83	1.13	0.96
	Return On Capital Employed %	54.73	61.07	87.65	79.15	78.68
	Return On Total Assets Employed %	35.04	28.37	33.75	37.02	36.67
	Current Debt Ratio	0.56	1.15	1.59	1.14	1.14
	Total Debt Ratio	0.56	1.15	1.60	1.14	1.14
	Stock Turnover Ratio %	20.51	19.27	21	18.34	24.23
	Return on Net Assets Employed %	54.80	61.17	87.78	79.31	78.69

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
03/04/2018	Payment Data Update Received
11/01/2018	Mr D. Barnbrook has left the board
06/12/2017	New Board Member Mr M.S. Lavelle appointed
03/10/2017	New Accounts Filed
03/10/2017	New Accounts Filed
10/07/2017	Confirmation Statement
11/04/2017	Payment Data Update Received
14/02/2017	Payment Data Update Received
02/12/2016	Payment Data Update Received
22/09/2016	New Accounts Filed
22/09/2016	New Accounts Filed
04/08/2016	Payment Data Update Received
28/07/2016	Annual Returns
04/11/2015	Change in Reg.Office
04/11/2015	Change of Company Postcode

Previous Company Names

Date	Previous Name
24/01/2005	GDS INSTRUMENTS LIMITED
18/07/1985	GEOTECHNICAL DIGITAL SYSTEMS LIMITED
31/12/1980	LARACAST LIMITED

Writ Details

No writs found

Statistics

Group	22 companies
Linkages	1 companies
Countries	In 1 countries

Summary

Holding Company	JUDGES SCIENTIFIC PLC
Ownership Status	Wholly Owned
Ultimate Holding Company	JUDGES SCIENTIFIC PLC

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
JUDGES SCIENTIFIC PLC	04597315	31.12.2017	Y	£71,360,000
ARMFIELD LIMITED	01962034	31.12.2016	N	£8,916,974
ARMFIELD TECHNICAL E...	01523896	31.12.2016	N
DIA-STRON LIMITED	02197540	31.12.2016	N	£1,344,225
FIRE TESTING TECHNOLOG...	02387681	31.12.2016	N	£6,154,224
SIRCAL INSTRUMENTS (...	01592093	31.12.2016	N	£1,095,631
STANTON REDCROFT LIM...	03477206	31.05.2017	N
AITCHEE ENGINEERING...	05882888	31.12.2016	N	£974,108
FTT SCIENTIFIC LIMITED	07478065	31.12.2016	N
EWB SOLUTIONS LTD.	03755592	31.12.2016	N	£747,301
POLARON INSTRUMENTS LI...	04258603	31.12.2016	N
JUDGES CAPITAL LIMITED	07003607	31.12.2016	N
SCIENTIFICA LTD	03286415	31.12.2016	N	£10,829,571
COOLLED LIMITED	07654232	30.06.2016	N	£3,072,631
BORDEAUX ACQUISITION L...	07510463	31.12.2016	N	£120,000
DEBEN UK LIMITED	03208255	31.12.2016	N	£3,867,048
GLOBAL DIGITAL SYSTEMS...	01459108	31.12.2016	N	£6,866,689
GDS INSTRUMENTS LIMITED	01646739	31.12.2016	N
PE. FIBEROPTICS LIMITED	05524971	31.12.2016	N	£2,224,851
QUORUM TECHNOLOGIES LI...	04273003	31.12.2016	N	£7,331,385
EM TECHNOLOGIES LIMITED	05341418	31.12.2016	N
UHV DESIGN LIMITED	04133945	31.12.2016	N	£4,552,493

Statistics

Group	22 companies
Linkages	1 companies
Countries	In 1 countries

Other Linked Companies

Name	Number	Latest Key Financials	Turnover
ARMFIELD INC		-	$1,972,000

Mortgage Details

Mortgage Type:	ASSIGNMENT OF A KEYMAN LIFE POLICY
Date Charge Created:	14/06/12
Date Charge Registered:	20/06/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	THE COMPANY\S ENTIRE RIGHT TITLE AND INTEREST IN THE POLICY BEING LIFE POLICY JEREMY ANDREW SUTTON LEGAL & GENERAL ASSURANCE SOCIETY LIMITED POLICY NO 016851559-1 SUM ASSURED £500,000 SEE IMAGE FOR FULL DETAILS
Mortgage Type:	ASSIGNMENT OF A KEYMAN LIFE POLCIY
Date Charge Created:	14/06/12
Date Charge Registered:	20/06/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	THE COMPANY\S ENTIRE RIGHT TITLE AND INTEREST IN THE POLICY BEING LIFE POLICY KARL SNELLING LEGAL &GENERAL ASSURANCE SOCIETY LIMITED POLICY NO 016832734-4 SUMASSURED OF £500,00 SEE IMAGE FOR FULL DETAILS

Mortgage Type:	DEBENTURE
Date Charge Created:	06/03/12
Date Charge Registered:	14/03/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF SCOTLAND PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
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:	RENT DEPOSIT DEED
Date Charge Created:	04/08/09
Date Charge Registered:	07/08/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	AMPROP LIMITED
Amount Secured:	£8,225.00 DUE OR TO BECOME DUE FROM THECOMPANY TO THE CHARGEE
Details:	THE SUM OF £8,225.00 DEPOSITED. SEE IMAGE FOR FULL DETAILS

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	04/08/09
Date Charge Registered:	07/08/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	AMPROP LIMITED
Amount Secured:	£6,462.50 DUE OR TO BECOME DUE FROM THECOMPANY TO THE CHARGEE
Details:	THE SUM OF £6,462.50 DEPOSITED. SEE IMAGE FOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	01/02/02
Date Charge Registered:	05/02/02
Date Charge Satisfied:	09/03/12
Status:	SATISFIED
Person(s) Entitled:	MPROP LIMITED
Amount Secured:
Details:	£8,225.00 DEPOSITED BY WAY OF RENT DEPOSIT UNDER THE LEASE DATED 1/2/02

Mortgage Type:	GUARANTEE & DEBENTURE
Date Charge Created:	22/10/85
Date Charge Registered:	30/10/85
Date Charge Satisfied:	14/01/12
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY
Mortgage Type:	DEBENTURE
Date Charge Created:	19/02/81
Date Charge Registered:	10/03/81
Date Charge Satisfied:	14/01/12
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:
Details:	FIXED & FLOATING CHARGE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOK DEBTS & UNCALLED CAPITAL WITH ALL BOUILDINGS, FIXTURES (INCL. TRADE FIXTURES) FIXED PLANT &MACHINERY.

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Ralph Leslie Cohen	0	1	0
Bruce Keith Menzies	4	5	2
Bruce Keith Menzies	4	5	2
Patrick Hooker	0	5	0
Ralph Leslie Cohen	3	30	8
David Barnbrook	2	18	0

Total Persons With Significant Control	1	Total Statements	0
Active	1	Active	0
Ceased	0	Ceased	0

Active Persons With Significant Control

Name	Judges Scientific Plc	Kind	Corporate Entity With Significant Control
Address	52c Borough High Street, London	Notified On	05/07/2016
Post Code	SE1 1XN	Legal Form	Public Limited Company
Authority	Companies Act 2006	Place Registered	Registrar Of Companies (England And Wales)
Country Registered	United Kingdom	Registration Number	04597315
Nature Of Control	Ownership of shares - above 75%

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 68.09
UK Pound	1	INR 91.41
Euro	1	INR 79.93
GBP	1	INR 91.22

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

INFORMATION DETAILS

Analysis Done by :	PRI
Report Prepared by :	SYL

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.