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  European Comprehensive Report
  Report viewed 17 Jan 2017
  Subscriber Number 419-088122
  Your Reference DB Russia
 

 
 
 
    
  BNK (UK) LIMITED
 
Risk Evaluation
D&B Rating 2A 1
D&B Risk Indicator
1 2 3 4 -
D&B Failure Score 96
D&B Delinquency Score 64
D&B Maximum Credit 34,650,000


Legal Events
Number of Court Judgments 0
Value of all Court Judgments 0
Number of Mortgages and Charges 7


Associations
Parent Company Yes
Number of Principals 2


Financial Summary
Latest Accounts Date 31 Dec 2015
Tangible Net Worth 4,694,000
Turnover 2,287,293,000
 
  Identification
 
Main Trading Address 26-28 Hammersmith Grove
Mwb Business Exchange Centre
LONDON
  W6 7BA
  UNITED KINGDOM
  Telephone Number 02088341787
  Fax Number 020-8834-1110
  D-U-N-S Number 21-111-4021
  Registered Number 06527449
  Web Address www.belnaft.co.uk
     
 
Registered Address SALATIN HOUSE
19 CEDAR ROAD
SUTTON
SURREY
SM2 5DA
  UNITED KINGDOM
  Line of Business (UK SIC 2007) Wholesale of other fuels and related products (46719)
   
 
  D&B Rating   2A   1  
 
  Financial Strength   2A   (based on tangible net worth) 4,694,000
 
  Risk Indicator   1   Represents a minimum risk of business failure.
 
 
  D&B Maximum Credit     34,650,000
 
 Recommended credit exposure at any given time.

The D&B Maximum Credit is calculated using the D&B Failure Score, business size and primary industry sector.
 
 
 
 
   
 
  D&B Failure Score    96 out of 100 Help on scores
 
 
 D&B analytics have shown that businesses with this score have a very low probability of failure. 93% of UK businesses are classified in a higher risk category.

     Incidence of failure    0.16% ( 16 per 10,000 )  
     Industry average     0.88% ( 88 per 10,000 )  
 
 
  D&B Delinquency Score    64 out of 100
 
 
 D&B analytics have shown that 36% of UK businesses have a lower risk of paying significantly late.

  Incidence of delinquency    2.48% ( 248 per 10,000 )
 
 
  • The Failure and Delinquency Scores are both relative measures of risk allowing the ranking of all businesses in the UK database. This means that the scores show where a business ranks compared to all other businesses in the D&B UK database.
 
  • The D&B Delinquency Score predicts the likelihood that a business will pay its obligations late within the next 12 months
   
   Decisive criteria that influenced the risk evaluation for this company are:
  • There are no outstanding mortgages or charges that affect the evaluation of this business.
  • The tangible net worth of the Domestic Ultimate Parent (BNK (UK) LIMITED) is satisfactory.
  • Values, ratios and trends taken from the Balance Sheet (made up to 31 Dec 2015) are generally strong.
  • The Principals' experience and the performance of their current associated businesses is strong.
  • The pre-tax profit over total assets ratio (calculated from the accounts made up to 31 Dec 2015) is satisfactory or unknown.
 
     Receive immediate notification of changes to the level of risk or payment habits of this business
 
     Find out about the risks of doing business in this country
 
History and Industry Comparison of D&B Failure Score

The graph below shows the history of the D&B Failure Score for BNK (UK) LIMITED over the last 12 months compared to the average for its industry group.
 
 

  Comparison of Financial Strength
  Financial Strength of BNK (UK) LIMITED: 2A
  Total number of businesses in the industry with known Financial Strength 758 of these
  • 61 (8.1%) have a higher Financial Strength.
  • 73 (9.6%) have the same Financial Strength.
  • 624 (82.3%) have a lower Financial Strength.
  Commentary
 
  • Today's Failure Score of  96 indicates that BNK (UK) LIMITED is less likely to fail than industry average.
 
  • Total number of businesses in the same industry group as BNK (UK) LIMITED : 1,886
 
  • Average Industry Score: 65
    D&B collects in excess of 100 million payment experiences on European businesses each year. The information shown below indicates how BNK (UK) LIMITED has been paying its bills.
 
Number of payment experiences (last 12 months) 2
Total Value of Experiences 800
Average Value of Experiences 400
  Payment Experiences Summary
  
Value Bands
GBP
Number of Experiences Total Value
GBP
% paid within terms 1-30
days
31-60
days
61-90
days
91+
days
> 100,000 - - - - - - -
50,000 - 99,999 - - - - - - -
15,000 - 49,999 - - - - - - -
5,000 - 14,999 - - - - - - -
1,000 - 4,999 - - - - - - -
< 1,000 2 800 100 - - - -
Total 2 800          
   In some instances, payment beyond terms can be the result of overlooked or disputed invoices
  
     Find out about the risks of doing business in this country

    
Shown below is an industry comparison based on the 1,165 other businesses in same industry group as BNK (UK) LIMITED where D&B has payment experiences.

Industry Payment Behaviour
Upper quartile (top 25%) pays within terms Paydex of 80
Median (middle 50%) pays 8 days beyond terms Paydex of 75
Lower quartile (bottom 25%) pays 18 days beyond terms Paydex of 67
    Public Notice information is added to the D&B Database and, if present, will appear in this section. This section was last updated from public sources on 17 Jan 2017.
Judgments
There are no filed judgements as of 17 Jan 2017.

Summary of Mortgages, Charges & Satisfactions
 Total number of Mortgages or Charges registered: 7
 Total number of unsatisfied Mortgages or Charges: 0
 Total number of fully satisfied Mortgages or Charges: 7
 Date of most recent Mortgage or Charge: 01 Nov 2011
 Date of Most Recent Satisfaction: 09 Jul 2013


Satisfied Mortgages or Charges (most recent 100)
Details of Mortgage or Charge number 1 of 7
Charge Type: General Charge Date Created: 01 Nov 2011
Date Registered: 14 Nov 2011 Person Entitled: AMSTERDAM TRADE BANK N.V.
Amount Secured: -
Description of Amount: 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
Description: MASTER DEED OR ASSIGNMENT OF RECEIVABLES
Property Description: ALL THE RIGHTS IN THE ASSIGNED CONTRACTS SEE IMAGE FOR FULL DETAILS
Date Satisfied Status
09 Jul 2013 Fully Satisfied
Details of Mortgage or Charge number 2 of 7
Charge Type: General Charge Date Created: 17 Nov 2010
Date Registered: 04 Dec 2010 Person Entitled: BNP PARIBAS (SUISSE) SA
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Description: TRADE FINANCE SECURITY AGREEMENT
Property Description: ASSIGNMENT OF MONEYS AND RECEIVABLES AND INSURANCES SEE IMAGE FOR FULL DETAILS
Date Satisfied Status
09 Jul 2013 Fully Satisfied
Details of Mortgage or Charge number 3 of 7
Charge Type: General Charge Date Created: 27 Apr 2010
Date Registered: 12 May 2010 Person Entitled: BANQUE CANTONALE DE GENEVE
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Description: LETTER OF PLEDGE
Property Description: ALL NEGOTIABLE INSTRUMENTS AND ALL PRODUCE AND GOODS AND ALL BILLS OF LADING WARRANTS DELIVERY ORDERS WHARFINGERS' OR OTHER WAREHOUSE KEEPERS' CERTIFICATES OR RECEIPTS AND ALL DOCUMENTS OF TITLE AND/OR DOCUMENTS ENTITLING POSSESSION WHATSOEVER AND THE PRODUCE AND GOODS TO WHICH THE SAME RELATE
Date Satisfied Status
13 Jun 2013 Fully Satisfied
Details of Mortgage or Charge number 4 of 7
Charge Type: General Charge Date Created: 27 Apr 2010
Date Registered: 12 May 2010 Person Entitled: BANQUE CANTONALE DE GENEVE
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Description: DEED OF ASSIGNMENT OF RECEIVABLES
Property Description: ALL RECEIVABLES MEANING ALL MONEYS DUE OR OWING UNDER ANY CONTRACT OR IN RESPECT OF ANY BREACH OF CONTRACT OR ANY DEBTS OR UNDER ALL GUARANTEES BONDS INDEMNITIES OR UNDER ANY POLICY OF INSURANCE IN RESPECT OF GOODS OR UNDER ANY SECURITY OR GUARANTEE SEE IMAGE FOR FULL DETAILS
Date Satisfied Status
13 Jun 2013 Fully Satisfied
Details of Mortgage or Charge number 5 of 7
Charge Type: General Charge Date Created: 27 Apr 2010
Date Registered: 12 May 2010 Person Entitled: BANQUE CANTONALE DE GENEVE
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Description: LETTER OF HYPOTHECATION
Property Description: ALL PRODUCE AND GOODS AND ALL BILLS OF EXCHANGE DRAWN ACCEPTED OR ENDORSED BY THE COMPANY AND ALL PROMISSORY NOTES AND NEGOTIABLE INSTRUMENTS OF ANY DESCRIPTION AND ALL BILLS OF LADING SHIPPING DOCUMENTS WARRANTS DELIVERY ORDERS WHARFINGERS' OR OTHER WAREHOUSE KEEPERS' CERTIFICATES OR RECEIPTS AND/OR INVOICES OR OTHER DOCUMENTS REPRESENTING OR RELATING TO SUCH PRODUCE AND GOODS AND ALL POLICIES OF INSURANCE RELATING THERETO
Date Satisfied Status
13 Jun 2013 Fully Satisfied
Details of Mortgage or Charge number 6 of 7
Charge Type: General Charge Date Created: 27 Apr 2010
Date Registered: 12 May 2010 Person Entitled: BANQUE CANTONALE DE GENEVE
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Description: GENERAL PLEDGE AGREEMENT
Property Description: ALL PAPER SECURITIES, STOCKS, BONDS, COUPONS OF PAPER SECURITIES. ALL OTHER CLAIMS AND RIGHTS, INDEPENDENTLY OF THEIR NATURE, HELD AT PRESENT OR SUBSEQUENTLY AGAINST THE CHARGEE OR THIRD PARTIES. ALL ACCOUNTABLE CLAIMS IN THE CHARGEE'S NAME IN THE BOOKS AND REGISTERS OF THE CHARGEE. ALL RIGHTS AND CLAIMS HELD ON VALUES ADMINISTERED BY THE CHARGEE IN ITS NAME BY THIRD PARTIES, DEPOSITORIES, AUTHORISED AGENTS, ETC. ALL ASSETS HELD BY THE WAY OF REPLACEMENT OR EXCHANGE.
Date Satisfied Status
13 Jun 2013 Fully Satisfied
Details of Mortgage or Charge number 7 of 7
Charge Type: General Charge Date Created: 27 Apr 2010
Date Registered: 12 May 2010 Person Entitled: BANQUE CANTONALE DE GENEVE
Amount Secured: -
Description of Amount: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Description: PLEDGE OF GOODS
Property Description: ALL GOODS, WITHOUT EXCEPTION, HELD, AT PRESENT OR IN THE FUTURE, BY THE CHARGEE ANYWHERE, IN THE CHARGEE'S OR AT ITS DISPOSAL. THE GOODS MAY BE REPRESENTED BY WAREHOUSE CERTIFICATES, BILLS OF LADING OR ANY OTHER DOCUMENT RELATED TO THE GOODS
Date Satisfied Status
13 Jun 2013 Fully Satisfied

Legal Filing Summary
Registered Number 06527449
Accounting Reference Date 3112
Latest Annual Return Date 07 Mar 2016
Latest Accounts Filed 31 Dec 2015

All public notice information has been obtained in good faith from the appropriate public sources.

     
 
Critical legal notice information filed is investigated by D&B Analysts,and where relevant, comment is presented in this section.
 
  • Please note address change
   
There are currently 2 principals.

MR Andrei Dashutin:
Position Director
Date Appointed 07 Mar 2008
Address 129 Warren House Beckford Close, Warwick Road , London , W14 8TW
Date of Birth Jan 1957
Nationality Belarus
Occupation Director

No other current associations


Harmer Slater Limited
Position Company Secretary
Date Appointed 27 May 2011
Address Salatin House 19 Cedar Road , Sutton , Surrey , SM2 5DA

No other current associations


   
Incorporate Secretariat Limited (Appointed 27 Apr 2009,  Resigned 27 May 2011 )
Address 72 New Bond Street , London , W1S 1RR
Nationality British
Date Appointed 27 Apr 2009

No other current associations


Uk Company Secretary Ltd (Appointed 07 Mar 2008,  Resigned 27 Apr 2009 )
Address The Old Laundry Bridge Street , Southwick , Fareham , Hampshire , PO17 6DZ
Nationality British
Date Appointed 07 Mar 2008

Other Current Associations


Company Name Date Appointed
IRON WOLF LTD 01 Jun 2009
ANNS CARE LTD 12 Sep 2007
B W F (SOUTHERN) LTD 16 Jul 2007
BATHROOM WORLD FAREHAM LTD 04 Apr 2007
Barramundi Solutions Ltd 30 Mar 2007
Fairplay Solutions Ltd 29 Mar 2007
J A H CONSULTANTS LTD 07 Mar 2007
C STORY CONSULTANTS LTD 06 Mar 2007
E PROPERTIES LTD 05 Mar 2007
R M N ENTERTAINMENT LTD 23 Feb 2007
TEAM WORKS LTD 25 Jan 2007
PAMPER PARTY LTD 12 Jan 2007
BTH INVESTMENTS LTD 10 Jan 2007
MIKE RAY DOMESTICS LTD 08 Jan 2007
AAA APPLIANCES UK LTD 08 Jan 2007
 
This principal has other associations

Previous Associations


Company Name Date Appointed Date Resigned
TIM DUNNING LTD 07 Mar 2008 28 Oct 2011
AFLOAT MARINE SERVICES LTD 07 Jan 2008 30 Apr 2012
B W F LTD 16 Jul 2007 06 Sep 2007
ARTYZAN DESIGN LTD 11 Jun 2007 01 Aug 2007
POSEIDON SUBSEA CONSULTANCY LTD 04 Apr 2007 04 Jun 2007
LION COMMERCIAL CLEANING LTD 20 Mar 2007 30 Jun 2011
WRIGHT LETTINGS INC LTD 08 Mar 2007 15 Mar 2007
Artyzan Ltd 05 Dec 2006 14 Sep 2007
LUPINS LTD 05 Dec 2006 10 Nov 2011
COLOUROFFICE LTD 09 Oct 2006 10 Nov 2011
CLEEVE MASTER THATCHERS LTD 06 Oct 2006 30 Sep 2008
THE JOHN O'GAUNT LTD 24 Aug 2006 28 Nov 2007
CHRYSALIS PUB CO LTD 24 Aug 2006 24 Sep 2007
UK CONSTRUCTION TRAINING LTD 13 Jul 2006 09 Mar 2007
APPLE ACRE LTD 13 Jul 2006 15 Sep 2008


Mr Kevin Russell Smith (Appointed 18 Aug 2008,  Resigned 18 Sep 2008 )
Address Copperfields Harlequin Lane , Crowborough , East Sussex , TN6 1HU
Date of Birth Jan 1964
Nationality British
Occupation Director
Date Appointed 18 Aug 2008

Other Current Associations


Company Name Date Appointed
WESTMINSTER VIP LTD 19 Aug 2015
WESTMINSTER TOURS LTD 02 Jun 2014
REACH GLOBAL LTD 08 Oct 2013
ASPEN WAITE BUSINESS NETWORK LTD 09 Aug 2011
UK LAND & INVESTMENTS LTD 20 May 2010
BTH INVESTMENTS LTD 10 Jan 2007
FRONTLINE AGENCY LTD 13 Dec 2006
Eurocapital Associates Ltd 22 Sep 2005
BTP ADVISERS LTD 01 Jun 2005
Enerco Capital Ltd 14 May 2002
AWS INTERNATIONAL BUSINESS DEVELOPMENT LTD 14 Jun 2001
London Makeup Centre Ltd. 21 Apr 1999
Aws Trading Ltd 17 Dec 1996

Previous Associations


Company Name Date Appointed Date Resigned
ASPEN WAITE LEGAL LTD 03 Apr 2012 01 May 2013
BION ENERGY LTD 21 Mar 2012 26 Oct 2012
BION COMMUNITIES LTD 21 Mar 2012 26 Oct 2012
BION COMMERCIAL LTD 21 Mar 2012 26 Oct 2012
BION PROJECTS LTD 21 Mar 2012 26 Oct 2012
JL CONSULTING (UK) LTD 19 Oct 2011 23 Jul 2012
GRAYLING DORMANT 1 LTD 11 Sep 2009 31 Oct 2012
ROMANIAN PROPERTY CONNECTION LTD 29 Sep 2006 01 Feb 2011
Aspen Waite Limited 01 Jun 2006 31 Oct 2006
OYBIKE SYSTEMS LTD 08 May 2006 10 Dec 2007


Creditreform (Secretaries) Limited (Appointed 07 Mar 2008,  Resigned 10 Mar 2008 )
Address 4 Park Road , Moseley , Birmingham , B13 8AB
Date Appointed 07 Mar 2008

No other current associations


Creditreform (Directors) Limited (Appointed 07 Mar 2008,  Resigned 10 Mar 2008 )
Address 4 Park Road , Moseley , Birmingham , West Midlands , B13 8AB
Date Appointed 07 Mar 2008

No other current associations



favourable out of business
unfavourable out of business
   
 
Immediate Parent
Company Name CJSC Belarusian Oil Company
Interest 100%

   

Company Name Operates As Year Started % Shares owned
TransBaltic OIL SIA MISCELLANEOUS BUSINESS SERVICES 2012 -
   
Legal Form Private limited company
Date Started 01 Jan 2008
Date of Registration 07 Mar 2008
Registered Number 06527449
Registered office SALATIN HOUSE
 19 CEDAR ROAD
 SUTTON
 SURREY
 SM2 5DA
Summary Issued Capital 300,000 divided into 300,000 Ordinary  shares of 1 each,
   
Change Type Date Changed Changed To Changed From
Registered Address 17 May 2011 SALATIN HOUSE,19 CEDAR ROAD,SUTTON,SURREY,SM2 5DA 72 NEW BOND STREET,MAYFAIR,LONDON,W1S 1RR
Registered Address 12 May 2009 72 NEW BOND STREET,MAYFAIR,LONDON,W1S 1RR THE OLD LAUNDRY BRIDGE STREET,SOUTHWICK,FAREHAM,HAMPSHIRE,PO17 6DZ
Registered Address 18 Nov 2008 THE OLD LAUNDRY BRIDGE STREET,SOUTHWICK,FAREHAM,HAMPSHIRE,PO17 6DZ 7A THE GARDENS,FAREHAM,HAMPSHIRE,PO16 8SS
Registered Address 24 Jul 2008 7A THE GARDENS,FAREHAM,HAMPSHIRE,PO16 8SS 4 PARK ROAD,MOSELEY,BIRMINGHAM,WEST MIDLANDS,B13 8AB
   
Source Activity Code Type Code Activity Description
UK Companies House UK SIC 2007 46719 Wholesale of other fuels and related products
D&B Sourced UK SIC 2007 46719 Wholesale of other fuels and related products
D&B Sourced US SIC 1972 5052 COAL & ORE WHOLESALERS
   
Wholesale of other fuels and related products
   
Fiscal
Consolidated
GBP
31 Dec 2015
(000's)
Fiscal
Consolidated
GBP
31 Dec 2014
(000's)
Fiscal
Consolidated
GBP
31 Dec 2013
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2012
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2011
(000's)
Sales Turnover 2,287,293 2,380,827 2,624,295 2,822,083 2,413,937
  Exports 2,112,910 2,262,349 2,294,299 2,822,083 -
Profit / (Loss) Before Taxes 2,317 122 957 1,646 2,003
  Equity Shareholders Funds 4,694 3,369 3,537 2,897 1,695
Tangible Net Worth 4,694 3,369 3,537 2,897 1,695
  Total Fixed Assets 19 27 33 8 6
  Total Assets 298,333 176,560 223,352 208,315 478,412
  Total Current Assets 298,314 176,533 223,319 208,307 478,406
  Total Current Liabilities 293,530 172,988 219,517 205,014 476,717
  Net Current Assets (Liabilities) 4,784 3,545 3,802 3,293 1,689
  Long Term Debt 109 203 298 404 -
  Employees** 17 13 11 3 3
(** not in 000's)

 
   
  Fiscal
Consolidated
GBP
31 Dec 2015
(000's)
Fiscal
Consolidated
GBP
31 Dec 2014
(000's)
Fiscal
Consolidated
GBP
31 Dec 2013
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2012
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2011
(000's)
  Net Sales 2,287,293 2,380,827 2,624,295 2,822,083 2,413,937
  Including Exports of 2,112,910 2,262,349 2,294,299 2,822,083 -
  Cost of sales 2,283,815 2,379,348 2,622,270 2,819,608 2,411,062
  Gross Profit / (loss) 3,478 1,479 2,025 2,475 2,875
  Advertising & Commercial Distribution costs - - - 6 -
  General Expenses 1,050 1,508 1,027 673 526
  Other Operating Income 137 291 1 4 20
  Net Operating Income 2,565 262 999 1,800 2,369
  Interest receivable / non group interest - - - - 8
  Total Financial Income 0 0 0 0 8
  Interest Payable 248 140 42 154 374
  Total Financial Expenses 248 140 42 154 374
Profit / (Loss) Before Taxes 2,317 122 957 1,646 2,003
  Total Corporation Tax 92 28 220 403 560
  Total Other Tax 298 0 0 0 0
  Profit / (Loss) After Taxes 1,927 94 737 1,243 1,443
  Net Income 1,927 94 737 1,243 1,443
  Dividends 82 0 349 0 0
  Retained Profit for the year 1,845 94 388 1,243 1,443
 
Reconciliation
  Retained Earnings at start of year 2,627 3,275 2,887 1,409 1
  Retained Profit for the year 1,845 94 388 1,243 1,443
  Net Income 1,927 94 737 1,243 1,443
  Other deductions - 261 - - -
  Retained Earnings at end of year 4,472 3,108 3,275 2,652 1,444
 
NOTES
  Number of Employees** 17 13 11 3 3
  Directors Remuneration** 113,487 156,906 237,102 89,097 67,862
  Payroll 808 667 444 135 115
  Depreciation 11 10 4 2 3
 
(** not in 000's)
 
   
Fiscal
Consolidated
GBP
31 Dec 2015
(000's)
Fiscal
Consolidated
GBP
31 Dec 2014
(000's)
Fiscal
Consolidated
GBP
31 Dec 2013
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2012
(000's)
Fiscal
Non consolidated
GBP
31 Dec 2011
(000's)
FIXED ASSETS
  Fixtures & Equipment 19 27 33 3 6
  TANGIBLE FIXED ASSETS 19 27 33 3 6
  Long Term Investments - - - 5 -
 
CURRENT ASSETS
  Stock & work in progress 74,642 46,266 67,786 63,153 116,472
  Cash at bank / in hand 29,287 11,976 9,391 12,883 11,720
  Trade Debtors 752 631 1,839 3,886 32,670
  Other receivables 3,532 1,351 2,280 2,448 1,203
  Prepayments 2,158 3,775 1,955 757 11,206
  Tax recoverable 181 84 - - -
  Amounts owed by group companies 187,762 112,450 140,068 125,180 305,135
  Total Current Assets 298,314 176,533 223,319 208,307 478,406
  TOTAL ASSETS 298,333 176,560 223,352 208,315 478,412
 
Net Worth / Shareholders Funds
  Issued Share Capital 222 261 262 245 251
  Retained Earnings / Profit & Loss Account 4,472 3,108 3,275 2,652 1,444
  Equity Shareholders Funds 4,694 3,369 3,537 2,897 1,695
  Tangible Net Worth 4,694 3,369 3,537 2,897 1,695
  Other long term liabilities 109 203 298 404 -
 
  Trade Creditors 288,195 160,131 2,061 1,552 2,560
  Accruals / Deferred Income 1,246 4,332 216,292 181,375 454,541
  Bank loans & overdrafts 2,021 8,050 724 3,177 -
  Tax & Social Security 297 - 77 173 563
  Amounts due to group companies 1,637 - 303 2,460 441
  Other Current Liabilities 134 475 60 16,277 18,612
  Total Current Liabilities 293,530 172,988 219,517 205,014 476,717
  Net Current Assets (Liabilities) 4,784 3,545 3,802 3,293 1,689
  Total Assets less Current Liabilities 4,803 3,572 3,835 3,301 1,695
  TOTAL LIABILITIES 298,333 176,560 223,352 208,315 478,412
 
Notes to the Balance Sheet
  Guarantees given to pay off indebtedness No No No No No
  Operating Lease Commitments Plant & Machinery (or other) 67 - - - -
  Operating Lease Commitments Land & Building - - - 11 -
  Total Operating Lease Commitments 67 - - 11 -
 
  AUDITORS/REGISTRARS:  
  AUDITORS  
 Wilkins Kennedy LLP, Bridge Ho, London Bridge, London SE1 9QR  
 
   
31 Dec 2015
(000's)
31 Dec 2014
(000's)
31 Dec 2013
(000's)
31 Dec 2012
(000's)
31 Dec 2011
(000's)
Cash Inflow from Operating Activities 24,490 (4,145) (995) (795) 14,868
Returns on investment & servicing of finance (248) (140) (42) (154) (366)
Taxation (203) (188) (337) (775) (6)
Capital Expenditure & Financial Investment (10) (5) (34) (5) (1)
Dividends paid (82) (262) (349) - -
Cash Inflow (outflow) before use of liquid assets & financing 23,947 (4,740) (1,757) (1,729) 14,495
Financing (4,785) 7,325 (2,664) 3,177 (6,703)
Increase (Decrease) in cash in the year 19,162 2,585 (4,421) 1,448 7,792
   
 
  31 Dec 2015 31 Dec 2014 31 Dec 2013 31 Dec 2012 31 Dec 2011
Profitability
Profit Margin (%) 0.1 0 0 0.1 0.1
Shareholders' Return (%) 49.4 3.6 27.1 56.8 118.2
Return On Capital (%) 48.2 3.4 25 49.9 118.2
Return On Assets (%) 0.8 0.1 0.4 0.8 0.4
 
Financial Status
Acid Test (x) 0.8 0.8 0.7 0.7 0.8
Current Ratio (x) 1 1 1 1 1
Solvency Ratio (%) 6,255.6 5,140.7 6,214.7 7,090.7 28,124.9
Fixed Assets/Net Worth (%) 0.4 0.8 0.9 0.1 0.4
Current Liabilities/Net Worth (%) 6,253.3 5,134.7 6,206.3 7,076.8 28,124.9
Current Liabilities/Stocks (%) 393.3 373.9 323.8 324.6 409.3
 
Asset Utility
Stock Turnover Rate 30.6 51.5 38.7 44.7 20.7
Collection Period (days) 0.1 0.1 0.3 0.5 4.9
Asset Turnover (%) 766.7 1,348.5 1,175 1,354.7 504.6
Sales / Net Working Capital (x) 478.1 671.6 690.2 857 1,429.2
Assets / Sales (%) 13 7.4 8.5 7.4 19.8
Creditors / Sales (days) 46 24.5 0.3 0.2 0.4
 
Employee
Capital / Employee* 282.5 274.8 348.6 1,100.3 565
Sales / Employee* 134,546.6 183,140.5 238,572.3 940,694.3 804,645.7
Profit / Employee* 136.3 9.4 87 548.7 667.7
Employee Average Wage* 47.5 51.3 40.4 45 38.3
(* in 000's)
   
  2015 vs 2014 2015 vs 2013 2015 vs 2012 2015 vs 2011
Turnover (3.93) (12.84) (18.95) (5.25)
  Gross Profit 135.16 71.75 40.53 20.97
  Net Operating Profit 879.01 156.76 42.5 8.27
Profit Before Tax 1,799.18 142.11 40.77 15.68
  Profit After Tax 1,950 161.47 55.03 33.54
  Net Profit for the year 1,862.77 375.52 48.43 27.86
  Number of Employees 30.77 54.55 466.67 466.67
  Profit / Employee 1,350 56.67 (75.16) (79.59)
  Current Assets 68.98 33.58 43.21 (37.64)
  Total Assets 68.97 33.57 43.21 (37.64)
  Current Liabilities 69.68 33.72 43.18 (38.43)
  Net Current Assets (Liabilities) 34.95 25.83 45.28 183.24
  Total Assets less Current Liabilities 34.46 25.24 45.5 183.36
  Net Assets 39.33 32.71 62.03 176.93
       Receive immediate notification of changes to the level of risk or payment habits of this business
   
 Year  Unfavourable  Financial Notes / Opinions
31 Dec 2015 No -
31 Dec 2014 No -
31 Dec 2013 No -
31 Dec 2012 No -
31 Dec 2011 No -

Whilst D&B attempts to ensure that the information provided is accurate and complete by reason of the immense quantity of detailed matter dealt within compiling  the information and the fact that some of the data are supplied from sources not controlled by D&B  which cannot always be verified, including information provided direct from the subject of enquiry  as well as the possibility of negligence and mistake, D&B does not guarantee the correctness or the effective delivery of the information and will not be held responsible for any errors therein or omissions therefrom.            

 Dun & Bradstreet Inc., 2017.