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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

510653

Report Date :

24.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

POULTEN, SELFE & LEE LIMITED

 

 

Formerly Known As :

W.& L.CLAYTON & SONS LIMITED

 

 

Registered Office :

49 High Street, Burnham-On-Crouch Essex, Cm0 8AG

 

 

Country :

United Kingdom

 

 

Financials (as on) :

30.11.2016

 

 

Date of Incorporation :

19.03.1953

 

 

Com. Reg. No.:

00517382

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

·         Other manufacturing n.e.c.

·         Manufacture and distribution of scientific glassware and petroleum test equipment.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

 

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

 

Status :

Good

 

 

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:           POULTEN, SELFE & LEE LIMITED

Company No:                00517382

Company Status:          Active - Accounts Filed

Registered Address:      49 HIGH STREETBURNHAM-ON-CROUCHESSEXCM0 8AG

 

 

Company Summary

 

Registered Address       49 HIGH STREET, BURNHAM-ON-CROUCH ESSEX, CM0 8AG

Trading Address            49 High Street, BURNHAM-ON-CROUCH, CM0 8AG

Website Address           http://www.psl-rheotek.com  

Telephone Number        -

Fax Number                  -

TPS                              -

FPS                              Yes

Incorporation Date         19/03/1953

Previous Name              W.& L.CLAYTON & SONS LIMITED

Type                             Private limited with Share Capital

FTSE Index                   -

Date of Change             31/12/1980

Filing Date of Accounts             16/06/2017

Currency                       GBP

Share Capital                £250,000

SIC07                           32990

Charity Number             -

SIC07 Description         OTHER MANUFACTURING N.E.C.

Principal Activity           Manufacture and distribution of scientific glassware and petroleum test equipment.

 

 

Additional Information

 

CCJ's                                       0 (£0)

 

No CCJ Information To Display

 

Ultimate Holding Company        GOSLING PSL HOLDINGS LIMITED

Accountant                               LESCOTT COURTS LIMITED

Mortgages                                13

Group                                       3 companies

Linkages                                   0 companies

Countries                                  In 0 countries

 

 

Key Financials

 

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

30/11/2016        -                       -                       £551,125                       -

30/11/2015        -                       -                       £533,514                       -

30/11/2014        -                       -                       £513,155                       -

 

 

Mortgage Summary

 

Total Mortgage                                      13

Outstanding                                          0

Satisfied                                               13

 

 

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.

 

 

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

1

Total Previous Directors / Company Secretaries

11

Total Person's With Significant Control

2

 

 

Current Directors

 

Title

Mr

Function

Director

Name

Stephen Henry Chicken

Nationality

British

Date of Birth

08/1960

Present Appointments

2

Latest Address

49 High Street, Burnham-On-Crouch, Essex

Appointment Date

18/01/2018

Post Code

CM0 8AG

 

 

 

 

 

Title

Mr

Function

Director

Name

Stephen Julian Gosling

Nationality

British

Date of Birth

11/1964

Present Appointments

4

Latest Address

10 Baekgade, Blans, Sonderborg

Appointment Date

27/03/1992

Post Code

6400

 

Title

Mrs

Function

Director

Name

Sophie Lisbeth Annika Djursaa Gosling

Nationality

Danish

Date of Birth

08/1963

Present Appointments

1

Latest Address

49 High Street, Burnham-On-Crouch, Essex

Appointment Date

07/02/2011

Post Code

CM0 8AG

 

 

Current Company Secretary

 

Title

Function

Company Secretary

Name

KSC SECRETARIES LIMITED

Nationality

Date of Birth

-

Present Appointments

1

Latest Address

Unit 11 Mildmay House, Foundry Lane, Burnham-On-Crouch, Essex

Appointment Date

15/11/2012

Post Code

CM0 8BL

 

 

Top Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

GOSLING PSL HOLDINGS LTD

GBP

250,000

ORDINARY

1

100

 

 

Financials

 

PROFIT & LOSS

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Turnover

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Export

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Cost of Sales

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Gross Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Wages & Salaries

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Directors Emoluments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Operating Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Depreciation

£54,907

48.4%

£36,995

5%

£35,222

2.2%

£34,476

5%

£32,836

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Audit Fees

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Interest Payments

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Taxation

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Profit After Tax

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Retained Profit

-

-

-

-

-

-

-

-

-

 

BALANCE SHEET

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Tangible Assets

£142,421

21.3%

£117,433

-4.5%

£122,973

-2.1%

£125,551

-0.1%

£125,703

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Intangible Assets

0

-

0

-100%

£2

-100%

£16,154

-53.9%

£35,021

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Fixed Assets

£142,421

21.3%

£117,433

-4.5%

£122,975

-13.2%

£141,705

-11.8%

£160,724

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Stock

£276,133

0.7%

£274,139

-1.9%

£279,375

-9.3%

£307,896

21.2%

£254,090

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Trade Debtors

£270,070

-2.8%

£277,850

-16.6%

£333,054

91.6%

£173,806

-38.5%

£282,486

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Cash

£250,071

-6.9%

£268,576

992.7%

£24,579

-79.1%

£117,685

999.9%

£6,818

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Other Debtors

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Current Assets

£796,274

-3%

£820,565

28.8%

£637,008

6.3%

£599,387

10.3%

£543,394

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Trade Creditors

£375,692

-1.8%

£382,663

88.4%

£203,086

-3.6%

£210,587

-2.2%

£215,289

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Bank Loans & Overdrafts

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Other Short Term Finance

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Miscellaneous Current Liabilities

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Current Liabilities

£375,692

-1.8%

£382,663

88.4%

£203,086

-3.6%

£210,587

-2.2%

£215,289

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Bank Loans & Overdrafts and LTL

£11,878

-45.6%

£21,821

-50.1%

£43,742

-21.2%

£55,478

-25.3%

£74,276

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Long Term Liabilities

£11,878

-45.6%

£21,821

-50.1%

£43,742

-21.2%

£55,478

-25.3%

£74,276

 

CAPITAL & RESERVES

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Called Up Share Capital

£250,000

-

£250,000

-

£250,000

-

£250,000

-

£250,000

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

P & L Account Reserve

£301,125

6.2%

£283,514

7.7%

£263,155

16.9%

£225,027

36.8%

£164,553

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Sundry Reserves

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Shareholder Funds

£551,125

3.3%

£533,514

4%

£513,155

8%

£475,027

14.6%

£414,553

 

OTHER FINANCIAL ITEMS

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Net Worth

£551,125

3.3%

£533,514

4%

£513,153

11.8%

£458,873

20.9%

£379,532

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Working Capital

£420,582

-4%

£437,902

0.9%

£433,922

11.6%

£388,800

18.5%

£328,105

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Assets

£938,695

0.1%

£937,998

23.4%

£759,983

2.5%

£741,092

5.3%

£704,118

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Liabilities

£387,570

-4.2%

£404,484

63.9%

£246,828

-7.2%

£266,065

-8.1%

£289,565

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Net Assets

£551,125

3.3%

£533,514

4%

£513,155

8%

£475,027

14.6%

£414,553

 

CASH FLOW

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Net Cashflow from Operations

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Net Cashflow before Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Increase in Cash

-

-

-

-

-

-

-

-

-

 

MISCELLANEOUS

 

Date Of Accounts

30/11/16

(%)

30/11/15

(%)

30/11/14

(%)

30/11/13

(%)

30/11/12

Contingent Liability

NO

-

NO

-

NO

-

NO

-

NO

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Capital Employed

£563,003

1.4%

£555,335

-0.3%

£556,897

5%

£530,505

8.5%

£488,829

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Number of Employees

-

-

-

-

-

-

-

-

-

Accountants

LESCOTT COURTS LIMITED

Auditors

Auditor Comments

The company is exempt from audit

Bankers

LLOYDS TSB BANK PLC

Bank Branch Code

 

RATIOS

 

Date Of Accounts

30/11/16

30/11/15

30/11/14

30/11/13

30/11/12

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Pre-tax profit margin %

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Current ratio

2.12

2.14

3.14

2.85

2.52

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Sales/Net Working Capital

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Gearing %

2.20

4.10

8.50

11.70

17.90

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Equity in %

58.70

56.90

67.50

65.50

62

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Creditor Days

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Debtor Days

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Liquidity/Acid Test

1.38

1.42

1.76

1.38

1.34

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Return On Capital Employed %

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Return On Total Assets Employed %

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Current Debt Ratio

0.68

0.71

0.39

0.44

0.51

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Total Debt Ratio

0.70

0.75

0.48

0.56

0.69

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Stock Turnover Ratio %

-

-

-

-

-

Description: \\vivek-pc\E\POULTEN SELFE & LEE LTD_files\barchart-grey.png

Return on Net Assets Employed %

-

-

-

-

-

 

 

Report Notes

 

There are no notes to display.

 

 

Status History

 

No Status History found

 

 

Event History

 

Date

Description

16/04/2018

Change in Reg. Office

16/04/2018

Change of Company Postcode

15/04/2018

Confirmation Statement

24/03/2018

Payment Data Update Received

23/01/2018

New Board Member Mr S.H. Chicken appointed

05/01/2018

Mrs E.M. Gosling has left the board

20/06/2017

New Accounts Filed

11/05/2017

Mr C.G. Swaffin-Smith has left the board

12/04/2017

Confirmation Statement

01/02/2017

Payment Data Update Received

17/10/2016

New Board Member Mr C.G. Swaffin-Smith appointed

10/10/2016

Mr D.G. O'Reilly has left the board

10/10/2016

New Board Member Mr C. Swaffin-Smith appointed

06/06/2016

New Accounts Filed

13/05/2016

Annual Returns

 

 

Previous Company Names

 

Date

Previous Name

31/12/1980

W.& L.CLAYTON & SONS LIMITED

 

 

Writ Details

 

No writs found

 

 

Statistics

 

Group

3 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Summary

 

Holding Company

GOSLING PSL HOLDINGS LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

GOSLING PSL HOLDINGS LIMITED

 

 


Group Structure Full

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

GOSLING PSL HOLDINGS LIM...

07821661

30.11.2016

N

POULTEN, SELFE & LEE L...

00517382

30.11.2016

N

PSL PROPERTY LIMITED

03899205

30.11.2016

N

 

Statistics

 

Group

3 companies

Linkages

0 companies

Countries

In 0 countries

 

 

Mortgage Details

 

Mortgage Type:

Date Charge Created:

31/12/14

Date Charge Registered:

02/01/15

Date Charge Satisfied:

14/06/17

Status:

SATISFIED

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC;

Amount Secured:

Details:

CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.CONTAINS NEGATIVE PLEDGE.

Mortgage Type:

DEBENTURE

Date Charge Created:

30/07/01

Date Charge Registered:

08/08/01

Date Charge Satisfied:

20/11/15

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:

LEGAL CHARGE

Date Charge Created:

21/03/00

Date Charge Registered:

01/04/00

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

£265,000 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE

Details:

LAND AT FLORENCE WAY LAINDON BASILDON ESSEX T/N EX569410

Mortgage Type:

MORTGAGE

Date Charge Created:

07/03/00

Date Charge Registered:

14/03/00

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

£250,000 DUE FROM THE COMPANY TO THE CHARGEE

Details:

AREA 3 BEING PART OF RUSSELL WORKS SITERUSSELL GARDENS WICKFORD ESSEX

 

Mortgage Type:

DEBENTURE DEED

Date Charge Created:

01/12/99

Date Charge Registered:

07/12/99

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS TSB BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

02/02/98

Date Charge Registered:

17/02/98

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

MIDLAND BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

RUSSELL WORKS RUSSELL GARDENS WICKFORD ESSEX WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENTDEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY

 

Mortgage Type:

DEBENTURE

Date Charge Created:

02/02/98

Date Charge Registered:

17/02/98

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

MIDLAND 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 FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:

MORTGAGE

Date Charge Created:

23/02/95

Date Charge Registered:

10/03/95

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

16 THE OLD SCHOOLHOUSE SHOTLEY IPSWICH SUFFOLK WITH THE GOODWILL OF THE BUSINESS & A FLOATING CHARGEOVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT

 

Mortgage Type:

SINGLE DEBENTURE

Date Charge Created:

21/04/92

Date Charge Registered:

23/04/92

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS 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:

DEBENTURE

Date Charge Created:

29/08/86

Date Charge Registered:

08/09/86

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

STOCKS, SHARES & OTHER SECURITIES FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXEDPLANT AND MACHINERY

 

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

29/08/86

Date Charge Registered:

08/09/86

Date Charge Satisfied:

14/04/07

Status:

SATISFIED

Person(s) Entitled:

LLOYDS BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H LAND & FACTORY PREMISES KNOWN AS RUSSELL WORKS, RUSSELL GARDENS, WICKFORD. ESSEX T/N EX 262345

Mortgage Type:

LEGAL CHARGE

Date Charge Created:

11/05/82

Date Charge Registered:

24/05/82

Date Charge Satisfied:

21/10/86

Status:

SATISFIED

Person(s) Entitled:

MIDLAND BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

F/H FACTORY KNOWN AS RUSSELL WORKS RUSSELL GARDENS WICKFORD ESSEX

 

Mortgage Type:

FIXED AND FLOATING CHARGE

Date Charge Created:

15/12/80

Date Charge Registered:

31/12/80

Date Charge Satisfied:

21/10/86

Status:

SATISFIED

Person(s) Entitled:

MIDLAND BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED CHARGE ON ALL BOOK DEBTS & OTHER DEBTS FLOATING CHARGE OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL

 

 

Previous Director/Company Secretaries

 

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

Alec David Gosling

0

4

3

Elsie Margaret Gosling

0

5

2

Elsie Margaret Gosling

0

5

2

Peter Charles Edward Parry-Williams

0

1

5

Joanna Claire Blake-Thomas

0

4

0

Joanna Claire Blake-Thomas

0

4

0

Stephen Julian Gosling

4

2

5

Ian Philip Mylrea

0

1

0

David Lloyd Thomas

0

1

0

Drostan Gregory James O'Reilly

0

1

1

Christopher George Swaffin-Smith

1

2

1

 

Total Persons With Significant Control

2

Total Statements

0

Active

2

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Mr Stephen Julian Gosling

Kind

Individual Person With Significant Control

Address

49 High Street, Burnham-On-Crouch, Essex

Country Of Residence

British

Post Code

CM0 8AG

Nationality

British

Date of Birth

11/1964

Notified On

06/04/2016

Nature Of Control

Has significant influence or control

Name

Gosling Psl Holdings Limited

Kind

Corporate Entity With Significant Control

Address

17 Kings Court, Kings Road, Burnham-On-Crouch

Notified On

06/04/2016

Post Code

CM0 8PP

Legal Form

Limited Company

Authority

Companies Act 2006

Place Registered

Companies House

Country Registered

England And Wales

Registration Number

07821661

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

Average Invoice Value

£366.08

Invoices available

15

Paid

15

Outstanding

0

 

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

 

Within Terms

0-30 Days

31-60 Days

61-90 Days

91+ Days

Paid

9

6

0

0

0

Outstanding

0

0

0

0

0

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 68.21

UK Pound

1

INR 91.43

Euro

1

INR 80.24

GBP

1

INR 91.28

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

NIT

 

 


 

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.