Equifax Full Report Header Information by rpv32164

VIEWS: 95 PAGES: 10

									Equifax Full Report                                                                             Page 1 of 10




Equifax Full Report
                                                                                        Dated: 24/05/2010 15:16

 Header Information
 Date Delivered                     24/05/2010                Time Delivered              15:16:41
 Latest Update                      17/05/2010                Version                     9.0
 Client Code / Name                 123518 BUSINESS CREDIT MANAGEMENT
 Client Reference                                             Currency                    GBP

 Key Items
    Credit Limit               300,000                       Reference
    ScoreCheck Grade           B+                            CCJs
    ScoreCheck Score           78                            Gazette
    Protect Score                                            CIFAS
    Latest Annual Return       10/09/2009                    Insight
                                                             Mortgages
    Latest Accounts            28/02/2010
    Shareholders Funds                       3,890,866 decreased       by      27.5%
    Turnover                                10,448,706 decreased       by      66.0%
    Profitability                                524,284 decreased     by      58.3%
    Gearing (%)                                   -20.86 decreased     by      132.5%
    Working Capital                          2,594,969 decreased       by      33.9%
 Company Identification
 Company Name                         SINGLE SOURCE LIMITED
 Company Number                       04284442                 Date of Incorporation      10/09/2001
 Credit Limit                         300,000                  Latest Accounts            28/02/2010
 Company Type                         Private Limited          Annual Return              10/09/2009
 Legal Status                         N/A
 Company Secretary                    JOHN MARCUS WARDLE
 Registered Office                    STAFFORD PARK 6
                                      TELFORD
                                      SHROPSHIRE
                                      TF3 3AT
 Post Code                            TF3 3AT
 Business Address                     Stafford Pk 6,
                                      Telford
                                      Shropshire
                                      TF3 3AT
 Business Phone No.                   01952 234100             Fax Number
 Names of Directors
 JOHN MARCUS WARDLE, JAMES MICHAEL THELWELL, RICHARD BARTHOLOMEW ALLEN KOLBE, PAUL ROY
 MAINWARING, ADRIANUS JACOBUS DORLEIJN, GERARD PANCRATIUS NOTA, ADOLF JOHANNES GLABGEN
 Business Activities
 Food Portion Manufacturers.

 SIC Codes
 1589                  MANUFACTURE OF OTHER FOOD PRODUCTS
 1589                  MANUFACTURE OF OTHER FOOD PRODUCTS


 US SIC Codes




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                     24/05/2010
Equifax Full Report                                                                        Page 2 of 10



 3999                     MANUFACTURING INDUSTRIES NEC

 CRO Activity
 08/05/2010               Accounts Made Up Date
 15/03/2010               Accounting Reference Date
 08/10/2009               Annual Return Made Up Date
 08/10/2009               SIC Codes
 30/07/2009               Accounts Made Up Date
 13/12/2008               Annual Return Made Up Date
 13/12/2008               SIC Codes
 25/07/2008               Accounts Made Up Date
 23/10/2007               Annual Return Made Up Date
 23/10/2007               SIC Codes
 30/07/2007               Accounts Made Up Date
 10/10/2006               Annual Return Made Up Date
 10/10/2006               SIC Codes
 28/07/2006               Accounts Made Up Date
 08/10/2005               Annual Return Made Up Date
 08/10/2005               SIC Codes
 23/08/2005               Accounts Made Up Date
 13/10/2004               Annual Return Made Up Date
 13/10/2004               SIC Codes
 14/08/2004               Accounts Made Up Date
 16/10/2003               Annual Return Made Up Date
 16/10/2003               SIC Codes
 04/07/2003               Accounts Made Up Date
 09/10/2002               Annual Return Made Up Date
 09/10/2002               Registered Address Change
 09/10/2002               SIC Codes
 07/12/2001               Registered Address Change
 17/10/2001               Registered Name Change
 16/10/2001               Registered Address Change
 10/09/2001               New Incorporation

 Previous Names
 17/10/2001               PCO 303 LIMITED

 Company Capitalisation
 Share Information Date           16/10/09        Share Currency                          GBP
 Share Currency             GBP
 Issued at date of Report 100,000 A ORD Shares of 1.00 each
                            949,154 B ORD Shares of 1.00 each

 Form 88 documents.
 Principal Shareholders                                   Type of Share   No. of Shares             Value
 Andrew Gordon Jones                                      A ORD                  1,033           1,033.00


 Lindsey David Kris Allen                                 A ORD                  1,033           1,033.00


 Alistair McEwan                                          A ORD                  9,534           9,534.00


 Nora Joy Cotton                                          B ORD                 84,746          84,746.00




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                24/05/2010
Equifax Full Report                                                            Page 3 of 10



 John Marcus Wardle                        B ORD                     84,746       84,746.00


 James Michael Thelwell                    B ORD                     84,746       84,746.00


 John Coulthurst Holroyd                   B ORD                    127,119      127,119.00


 Richard Bartholomew Allen Kolbe           B ORD                     84,746       84,746.00


 Stewart Owen Thompson                     B ORD J                   33,898       33,898.00


 Sharon Thompson                           B ORD J                   33,898       33,898.00


 Crisalis Trustees (Guernsey) Limited      B ORD                    449,153      449,153.00


 Tim Wooldridge                            A ORD                       450          450.00


 Richard Smith                             A ORD                       500          500.00


 Christopher Currier                       A ORD                       250          250.00


 Roy Mainwaring                            A ORD                       100          100.00


 Chris Dorricott                           A ORD                       100          100.00


 Steven Donald Hodgkinson                  A ORD                       100          100.00


 Yvonne McKenzie                           A ORD                       100          100.00


 Susan Cowdell                             A ORD                       100          100.00


 Chris Gifford                             A ORD                       100          100.00


 Darshan Kaur                              A ORD                       100          100.00


 Martin Offerman                           A ORD                       100          100.00


 Paul Lunnon                               A ORD                       100          100.00


 Craig Graham                              A ORD                       100          100.00


 Mark Brittle                              A ORD                       100          100.00


 Derrick Davies                            A ORD                       800          800.00


 Steven Bailey                             A ORD                       100          100.00


 Andrew Jason Ward                         A ORD                       100          100.00


 Andrew Elliott                            A ORD                       100          100.00


 Robert John Davies                        A ORD                       100          100.00




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...    24/05/2010
Equifax Full Report                                                                        Page 4 of 10




 Jason Raymond Arthur Slater                         A ORD                     24,900         24,900.00


 Michael John Morgan                                 A ORD                         9,000       9,000.00


 Mark Emms                                           A ORD                         7,000       7,000.00


 Tracey Crawley                                      A ORD                         6,000       6,000.00


 Philip John Mainwaring                              A ORD                         4,250       4,250.00


 Clive Lewin                                         A ORD                         2,000       2,000.00


 Adrienne Anslow                                     A ORD                         1,000       1,000.00


 Marilyn Tiebel                                      A ORD                         1,000       1,000.00


 Robin Holcroft                                      A ORD                         1,000       1,000.00


 Carole Ann Kidson                                   A ORD                         1,000       1,000.00


 Luke Thompson                                       A ORD                         1,000       1,000.00


 Charles William Powell                              A ORD                     24,900         24,900.00


 Sharon Bailey                                       A ORD                          500         500.00


 Gail Elainor Meek                                   A ORD                          500         500.00


 Gary Bernard Jones                                  A ORD                          450         450.00


 Warren Dodd                                         A ORD                          400         400.00


 Immediate Holding Company       Not Applicable
 Ultimate Holding Company        FP023826                 SUDZUCKER AG (GERMANY)

 Up to 10 UK Subsidiaries
 00209983                           W.T. MATHER LIMITED
 02294702                           A.P. SACHETS LIMITED
 02400918                           FREIBERGER (UK) LIMITED
 02431656                           STATESIDE FOODS LIMITED
 02671703                           ALCOHOL TRADING COMPANY LIMITED
 04284442                           SINGLE SOURCE LIMITED
 04570496                           APCS HOLDINGS LIMITED
 04570574                           SUGAR STIX LIMITED
 05105764                           SANTEAU LTD
 05506168                           CENTRAL LEGAL FUNDING LIMITED

 Charges/Debentures Registered
 Full Mortgage Details
 Charge 4                              Dated 08/07/2005




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                24/05/2010
Equifax Full Report                                                                      Page 5 of 10



 Date Registered:12/07/2005
 FIXED AND FLOATING CHARGE
 Amount Secured:ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
 CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR
 EVIDENCING THE CHARGE
 Person(s) Entitled:THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
 Property Charged: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
 Charge 3                                Dated 29/06/2005
 Date Registered:02/07/2005
 DEBENTURE
 Amount Secured:ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
 CHARGEE ON ANY ACCOUNT WHATSOEVER
 Person(s) Entitled:THE ROYAL BANK OF SCOTLAND plc
 Property Charged: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


 Bankers are
 Co-operative Bank PLC, MANCHESTER,
 Sort code: Unknown

 Consumer Credit License
 No Consumer Credit Licence has been found for this business
 Financial Analysis
 Account Type                          Group Accounts
 Scale                                 Thousands
 Currency                              GBP
 Profit & Loss Extracts
 No. of Months                                          17            12           12             12
 Period Ending                                 28/02/2010      02/10/2009   30/09/2008     30/09/2007
 Consolidated                                         Yes            Yes          Yes            Yes
 Turnover                                       10,448.71       21,682.52    20,206.89      18,714.03
 Interest Paid                                      -5.59          37.49         14.26         -10.84
 Exports                                         1,476.42        3,242.01     2,783.79       2,143.47
 Dividends                                            N/K            N/K          N/K            N/K
 Directors Fees                                    161.40         466.11       459.02         443.54
 Wages                                           1,657.53        4,122.71     3,918.03       3,670.08
 Profit Before Tax                                 524.28         886.79      1,186.58       1,411.42
 Profit After Tax                                  522.23         873.84       803.16         975.72
 Balance Sheet Extracts
 No. of Months                                          17            12           12             12
 Period Ending                                 28/02/2010      02/10/2009   30/09/2008     30/09/2007
 Tangible Fixed Assets                           1,904.24        2,087.74     2,446.96       2,512.63
 Intangible Assets                                 110.06         120.06       177.03         200.45
 Investments                                        25.76          27.81      1,825.00           1.11
 Total Fixed Assets                              2,040.06        2,235.62     4,448.99       2,714.20
 Stock                                           1,613.01        1,614.70     1,443.45       1,548.08
 Trade Debtors                                   4,029.75        3,952.66     3,509.28       2,971.75




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...              24/05/2010
Equifax Full Report                                                                               Page 6 of 10



 Cash & Equivalent                                   824.07              514.02            4.91        423.08
 Inter Company Balances                                2.70          1,679.84              N/K            N/K
 Total Current Assets                              7,154.40          8,697.71        5,909.20         5,651.57
 Total Assets                                      9,194.45         10,933.33       10,358.18         8,365.76
 Trade Creditors                                   2,734.81          2,366.68        2,140.74         1,894.17
 Overdrafts                                            0.00                0.00      1,042.58             0.00
 ShortTerm Loans                                      12.32               32.33           45.47          60.34
 Inter Company Balances                                0.35                N/K             N/K            N/K
 Total Current Liabilities                         4,559.43          4,771.10        5,159.10         3,851.48
 Net Current Assets                                2,594.97          3,926.61            750.10       1,800.09
 Long Term Borrowings                                  0.00                0.00           32.36          77.84
 Other L.T. Liabilities                              744.16              793.59          892.43       1,004.96
 Total L.T. Liabilities                              744.16              793.59          924.78       1,082.80
 Paid Up Equity                                    1,068.74          1,068.74        1,049.15         1,049.15
 Reserves                                          2,822.13          4,299.89        3,225.14         2,382.33
 Shareholders Funds                                3,890.87          5,368.63        4,274.30         3,431.48
 Number of Employees                                    140                140             132            131

 Auditors
 Auditors are                                                        Saffery Champness
 Town                                                                LONDON
 Auditors Remuneration                                               13,000
 Auditors Comment on the latest Balance Sheet
 The accounts give a true and fair view.
 Auditors Qualified Accounts?                                        no

 Extended Company Ratio Analysis
 Figures Stated in                               Thousands
 Key Ratios
 No. of Months                                          17                  12              12             12
 Period Ending                                   28/02/2010       02/10/2009       30/09/2008       30/09/2007
 Profit Margin                                         5.02               4.09            5.87            7.54
 Profit/Capital Employed                              11.31              14.39           22.82           31.27
 Profit/Assets                                         5.70               8.11           11.46           16.87
 Current Debt                                          1.17               0.89            1.21            1.12
 Total Debt                                            1.36               1.04            1.42            1.44
 Long Term Debt                                        0.16               0.13            0.18            0.24
 Current Ratio                                         1.57               1.82            1.15            1.47
 Liquidity Ratio                                       1.22               1.48            0.87            1.07
 Stock/Turnover                                        6.48              13.43           14.00           12.09
 Collection Period                                  199.42               66.54           63.39           57.96
 Creditor Days                                      135.34               39.84           38.67           36.94
 Gearing (%)                                         -20.86               -8.97          26.10           -8.30
 Interest Coverage                                     N/K               23.66           83.22            N/K
 Credit Gearing                                        7.71                N/K            9.36           20.40
 Indicator Ratio                                      48.81                N/K           23.75           44.89

 Equifax Analyst Report
 The Companys latest filed accounts are for the 17 months ending 28/02/2010.
 The Companys previous accounts were for the 12 months ending 02/10/2009.
 Figures are taken from consolidated accounts.
 Turnover for the period is GBP10.45m and pre-tax profit is GBP524284.




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                       24/05/2010
Equifax Full Report                                                                                      Page 7 of 10



 Turnover and profits for the preceding period were GBP21.68m and GBP886794 respectively.
 There are intangible fixed assets of GBP110057.
 Investments listed under fixed assets are GBP25764.
 The companys liquidity appears to be healthy, with net current assets of GBP2.59m. (Previous accounts show net
 current assets of GBP3.93m).
 Bank and cash figures total GBP824073.
 GBP2348 (net) is due from other group companies on their current accounts.
 Short term hire purchase and finance lease commitments total GBP12319.
 The companys total reserves stand at GBP2.82m of which GBP2.60m is due to the profit and loss account balance.
 The Companys share premium account stands at GBP224097.
 All contracts may be considered.
 Having reviewed and analysed the latest information available:
 We would suggest setting a credit limit on monthly terms of GBP 300,000
 Gazette or Detrimental Information
 No Gazette Information

 Credit Profile
 CCJ's Registered
 None. Records held since Jan 1991
 Gazette Information
 No Gazette Information
 Payment Profiles
 Creditor Days
 Sector Average                                    30.20 Days
 SINGLE SOURCE LIMITED                             135.34 Days
 Liquidity Ratio
 Sector Average                                    0.80
 SINGLE SOURCE LIMITED                             1.22
 Vital Signs
 Turnover decreased by                             66.0%
 Pre Tax Profit decreased by                       58.3%
 Gearing decreased by                              132.5%
 Working Capital decreased by                      33.9%
 Monthly Trade Credit Limit                        300,000

 ScoreCheck
 Score                                             78
 Rating                                            B+                                Green
 Score Date                                        24/05/2010

 Industry Comparison
 Industry                                  49 General Food Manufacturing
 No. of companies                          6,005
 Last Updated                              01/05/2010

 Industry Comparison/Average                                     Latest    Previous          Previous        Previous
 Scale                                                          Millions      Millions        Millions        Millions
 Turnover                                                        54.03          56.63          56.84              69.33
 Profit Before Tax                                                 3.99          2.81            2.78              3.08
 Debtors                                                           5.56          6.02            5.78              7.12
 Total Assets                                                    43.95          48.54          47.72              55.11
 Shareholders Funds                                              14.80          18.24          16.66              16.97
 Profit Margin (%)                                                 7.38          4.96            4.89              4.44




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                              24/05/2010
Equifax Full Report                                                            Page 8 of 10



 Liquidity Ratio                                  0.80        0.96      0.88          0.94
 Collection Period                               37.56       38.80     37.12         37.48
 Stock/Turnover                                  10.83       11.35     11.67         12.34
 Creditor Days                                   30.20       30.62     28.70         28.01
 Solvency Ratio (%)                              33.67       37.58     34.91         30.79
 Gearing (%)                                     80.81       75.71     81.03        114.20

 Report of Company Directors/Officers
 Company Secretary                  JOHN MARCUS WARDLE
 Nationality                        BRITISH
 Public Address                     12 LITTLE MEADOW CLOSE
                                    ADMASTON
                                    TELFORD
                                    SHROPSHIRE
                                    TF5 0DN
 Date of Birth                      30/03/1958
 Company Secretary & Director       Y
 Date Appointed                     04/07/2002
 Occupation
 Other Directorships                Y
 Current                            Y
 Previous                           Y
 Dissolved                          N
 Director                           JOHN MARCUS WARDLE
 Nationality                        BRITISH
 Public Address                     12 LITTLE MEADOW CLOSE
                                    ADMASTON
                                    TELFORD
                                    SHROPSHIRE
                                    TF5 0DN
 Date of Birth                      30/03/1958
 Date Appointed                     02/01/2002
 Occupation                         ACCOUNTANT
 Other Directorships                Y
 Current                            Y
 Previous                           Y
 Dissolved                          N
 Director                           JAMES MICHAEL THELWELL
 Nationality                        BRITISH
 Public Address                     MEADOW VIEW HIGH STREET
                                    CLIVE
                                    SHREWSBURY
                                    SHROPSHIRE
                                    SY4 3JL
 Date of Birth                      26/10/1951
 Date Appointed                     02/11/2001
 Occupation                         COMPANY DIRECTOR
 Other Directorships                Y
 Current                            Y
 Previous                           Y
 Dissolved                          N




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...    24/05/2010
Equifax Full Report                                                            Page 9 of 10



 Director                           RICHARD BARTHOLOMEW ALLEN KOLBE
 Nationality                        BRITISH
 Public Address                     HOME FARM COTTAGE
                                    PEATSWOOD
                                    MARKET DRAYTON
                                    SHROPSHIRE
                                    TF9 2PA
 Date of Birth                      16/04/1952
 Date Appointed                     03/12/2001
 Occupation                         COMPANY DIRECTOR
 Other Directorships                Y
 Current                            Y
 Previous                           Y
 Dissolved                          N
 Director                           PAUL ROY MAINWARING
 Nationality                        BRITISH
 Public Address                     16 CHERRY TREE CLOSE
                                    WELLINGTON
                                    TELFORD
                                    SHROPSHIRE
                                    TF1 2HQ
 Date of Birth                      27/07/1967
 Date Appointed                     01/10/2008
 Occupation                         DIRECTOR
 Other Directorships                N
 Director                           ADRIANUS JACOBUS DORLEIJN
 Nationality                        DUTCH
 Public Address                     STAFFORD PARK 6
                                    TELFORD
                                    SHROPSHIRE
                                    TF3 3AT
 Date of Birth                      23/12/1946
 Date Appointed                     02/10/2009
 Occupation                         NONE
 Other Directorships                N
 Director                           GERARD PANCRATIUS NOTA
 Nationality                        DUTCH
 Public Address                     STAFFORD PARK 6
                                    TELFORD
                                    SHROPSHIRE
                                    TF3 3AT
 Date of Birth                      23/08/1952
 Date Appointed                     02/10/2009
 Occupation                         NONE
 Other Directorships                N
 Director                           ADOLF JOHANNES GLABGEN
 Nationality                        GERMAN
 Public Address                     STAFFORD PARK 6
                                    TELFORD
                                    SHROPSHIRE
                                    TF3 3AT




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...    24/05/2010
Equifax Full Report                                                                                                         Page 10 of 10



 Date of Birth                                             29/10/1967
 Date Appointed                                            02/10/2009
 Occupation                                                NONE
 Other Directorships                                       N


                                                          End of Report
If you would like to know more about Equifax's range of Business Information products and services, visit our website on www.equifax.co.uk.
Alternatively, please don't hesitate to call our Sales Information Line on 0845 6033000 or email commercialuk@equifax.com




https://www.equifax.co.uk/servlet/ComGateX?sessionid=123518,F1TmKLfjmHD5Z...                                                    24/05/2010

								
To top