Example of a Full Report on a small-sized company filing abbreviated accounts

EXAMPLE OF SMALL COMPANY LIMITED

Statutory Information

Previous Name(s):

SMALL COMPANY FILING LIMITED (until 22/06/1998)

Registered Number: 00000000
Incorporation Date: 21/04/1998
Registered Office: BUILDING
ADDRESS ONE
ADDRESS TWO
TOWN
POST CODE
Latest Filed Accounts: 31/12/2007 Date Accounts Lodged: 23/09/2008
Analysed Accounts: 31/12/2007 Accounts Ref. Date: 31/12
Latest Annual Return: 21/04/2008 Issued Capital: (GBP) 275,000
Company Status: Small Type of Accounts: Small - modified Balance Sheet
Region: SOUTH WEST
Bankers: BANK
Auditors: Auditor Name
Audit Opinion or Qualification: The Auditors have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/12/2007.
Principal Activities: Brief description of business activities

UK SIC Code(s): 74840 Other business activities not elsewhere classified

Risk Information (what is this?)

Risk Score

Credit Limit (GBP)

Todays: 72 Todays: 85,000
Previous: 73 until (08/10/2008) Previous: 85,000 until (08/10/2008)
Historical Trend Contract Limit (GBP): 550,000
73 until (31/12/2007)
73 until (31/12/2006)
29 until (30/06/2005)
34 until (30/06/2004)
Score Key
0 - 35 Caution. High Risk Potential.
36 - 50 Caution. Moderate Risk Potential. Measured Exposure.
51 - 60 Normal. Limited Risk Potential. Normal Terms.
61 - 100 Confidence. Low Risk Potential.

The company has been established for more than 10 years.

Although a Trading Profit & Loss Account was not filed, the movement in the Profit & Loss Reserve on the Balance Sheet suggests that the company generated a Profit after tax and other appropriations.

Cash balances rose from £28,000 to £31,000 over the latest period.

Net Worth increased from £560,000 to £794,000 over the latest period.

Reported Assets rose from £2,650,000 to £3,186,000 over the latest period.

This company operates in a sector which has historically generated a similar level of insolvency relative to the total population.

County Court judgements Summary: Number of exact unsatisfied CCJs: None
Number of probable unsatisfied CCJs: None
Number of possible unsatisfied CCJs: None

Ownership

Group Structure
Holding Company: None
Ultimate Holding Company: None

All immediate shareholdings on UK Data Ltd's Database by Turnover
None
Share Capital Structure
Class of Shares Par Value (pence) Number of Shares Issued Capital
ORDINARY 100.000 275000 275,000
Total Issued Capital £275,000
Shareholders
Shareholder Name & Address Share Class No. of Shares Issued Capital (£) Shareholding No.

Shareholder One

Building,

Address one,

Address two,

Town,

POSTCODE

ORDINARY 68,750 68,750 3

Shareholder Two

Building,

Address one,

Address two,

Town,

POSTCODE

ORDINARY 137,500 137,500 1

Shareholder Three

Building,

Address one,

Address two,

Town,

POSTCODE

ORDINARY 68,750 68,750 2
Summary of Mortgages, Charges and Satisfactions
Total number of mortgages and charges: 4
Total number of outstanding charges: 4
Total number of fully satisfied charges: 0
Date of most recent mortgage: 04/08/2005
Details of Latest Five Mortgages, Charges and Satisfactions
Charge Number: 1 of 4
Date Charge Registered: 04/08/2005
Charge Type: FIXED AND FLOATING CHARGE - LENDER NAME
Latest Form Type: 395
Date Charge Created: 09/08/2005
Lender: LENDER NAME
Secured on: 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
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

Charge Number: 2 of 4
Date Charge Registered: 25/07/2001
Charge Type: FIXED AND FLOATING CHARGE - LENDER NAME
Latest Form Type: 395
Date Charge Created: 31/07/2001
Lender: LENDER NAME
Secured on: 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

Charge Number: 3 of 4
Date Charge Registered: 14/06/1998
Charge Type: MORTGAGE DEBENTURE - LENDER NAME
Latest Form Type: 395
Date Charge Created: 22/06/1998
Lender: LENDER NAME
Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY FORMERLY KNOWN AS FUDGE'S DORSET BAKERY LIMITED TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details: A SPECIFIC EQUITABLE CHARGE OVER ALL FREEHOLD AND LEASEHOLD PROPERTIES AND/OR THE PROCEEDS OF SALE THEREOF, FIXED AND FLOATING CHARGES OVER UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL, BOOKDEBTS AND THE BENEFITS OF ANYLICENCES

Charge Number: 4 of 4
Date Charge Registered: 14/06/1998
Charge Type: LEGAL MORTGAGE - LENDER NAME
Latest Form Type: 395
Date Charge Created: 03/07/1998
Lender: LENDER NAME
Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY (FORMERLY KNOWN AS DORSET VILLAGE BAKERY LIMITED) TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details: AND THE PROCEEDS OF SALE THEREOF FLOATING CHARGE OVER ALL MOVEABLE PLANT MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT AND AN ASSIGNMENT OF THE GOODWILL AND CONNECTION OF ANY BUSINESS TOGETHER WITH THE FULL BENEFIT OF ALL LICENCES F/H PROPERTY K/AUNIT 2 PINESWAY STATION ROAD STALBRIDGE DORSET T/NO;-DT205754

Profit & Loss Account

Date of Accounts 31/12/2007 31/12/2006 30/06/2005 30/06/2004 30/06/2003
Consolidated N N N N N
Subsidiary N N N N N
No. of Weeks 52 78 52 52 52
Currency (GBP '000) (GBP '000) (GBP '000) (GBP '000) (GBP '000)
Audit Qual./Comment No No No
Turnover [1] - - 3,469 3,382 -
Cost of Sales - - 2,760 2,626 -
Gross Profit - - 709 756 -
Operating Profit [2] - - -138 85 -
Non-Trading Income - - 1 0 -
Interest Payable - - 51 41 -
Pre-Tax Profit - - -188 44 -
Taxation - - -24 13 -
Profit After Tax - - -164 31 -
Retained Profit - - -164 21 -
Value Added - - 1,305 1,289 -

Balance Sheet

Date of Accounts 31/12/2007 31/12/2006 30/06/2005 30/06/2004 30/06/2003
Consolidated N N N N N
Subsidiary N N N N N
No. of Weeks 52 78 52 52 52
Currency (GBP '000) (GBP '000) (GBP '000) (GBP '000) (GBP '000)
Tangible Fixed Assets [3] 1,100 763 702 797 737
Intangible Assets 0 0 0 0 0
Total Fixed Assets 1,100 763 702 797 737
Stocks 372 252 517 534 543
Trade Debtors 1,683 1,607 257 296 249
Cash 31 28 3 0 0
Miscellaneous Current Assets [4] 0 0 95 60 0
Total Current Assets 2,086 1,887 872 890 792
Creditors: Amounts falling due within 1 year [5] 1,702 1,639 960 847 928
Total Assets less Current Liabilities 1,484 1,011 614 840 601
Total Liabilities 2,392 2,090 1,377 1,325 1,189
Share Capital & Reserves [7] 275 275 275 275 275
P & L Account Reserve 519 285 -78 87 65
Revaluation Reserve 0 0 0 0 0
Shareholders Funds 794 560 197 362 340
Capital Employed 1,484 1,011 614 840 601
Net Worth 794 560 197 362 340
Working Capital 384 248 -88 43 -136
Contingent Liabilities - - 0 0 -

Cash Flow

Date of Accounts 31/12/2007 31/12/2006 30/06/2005 30/06/2004 30/06/2003
Consolidated N N N N N
Subsidiary N N N N N
No. of Weeks 52 78 52 52 52
Currency (GBP '000) (GBP '000) (GBP '000) (GBP '000) (GBP '000)
Net Cash Flow from Operating Activities - - - - -
Net Cash Flow from Return on Investment and Servicing of Finance - - - - -
Net Cash Flow before Financing - - - - -
Net Cash Flow from Financing - - - - -
Increase in cash - - - - -

Account Notes

Date of Accounts 31/12/2007 31/12/2006 30/06/2005 30/06/2004 30/06/2003
Consolidated N N N N N
Subsidiary N N N N N
No. of Weeks 52 78 52 52 52
Currency (GBP '000) (GBP '000) (GBP '000) (GBP '000) (GBP '000)
[2] Operating Profit is after charging the following
Employees Remuneration - - 1,182 982 -
Directors Remuneration - - 20 20 -
Audit Fees - - 0 0 -
Non-Audit Fees - - 0 0 -
Depreciation - - 138 120 -
Average Number of Employees (actual) - - 113 106 -
[3] Tangible Assets consist of
Fixed Assets - - 702 797 -
Intermediate Assets - - 0 0 -
which includes:
-Due from Group, Non-Current 0 0 0 0 0
[4] Miscellaneous Current Assets includes:
-Due from Group, Current 0 0 0 0 0
[5] Creditors: Amounts falling due within one year consists of:
Trade Creditors 1,702 0 356 329 928
a Bank Overdraft 0 912 220 61 0
Miscellaneous Current Liabilities includes: 0 727 384 457 0
b -Bank Loans - Current Portion - - 200 243 -
c Other Short-Term Finance, including: - - 102 137 -
-Due to Group, Current 0 0 0 0 0
-Due to Directors, Current 0 0 0 8 0
Short-Term Loans (a+b+c) - - 522 441 -
[6] Total Long-Term Liabilities consists of:
Long-Term Loans, which consists of: - - 417 460 -
-Long-Term Bank Loans - - 329 333 -
-Other Long-Term Finance including: - - 88 127 -
-Due to Group, Non-Current 0 0 0 0 0
-Due to Directors, Non-Current 0 0 0 0 105
Other Long-Term Liabilities - - 0 18 -
[7] Share Capital and Reserves consists of:
Called-up Share Capital - - 275 275 -
Sundry Reserves - - 0 0 -

Ratios

Date of Accounts 31/12/2007 31/12/2006 30/06/2005 30/06/2004 30/06/2003
Acid Ratio 1.01 1.00 0.37 0.42 0.27
Profit/Capital Employed - - -30.62 5.24 -
Current Liquidity 1.23 1.15 0.91 1.05 0.85
Profit/Sales (%) - - -5.42 1.30 -
Interest Burden - - -37.23 48.24 -
Stock Turnover (days) - - 54.40 57.63 -
Days Sales Outstanding (DSO) - - 27.04 31.95 -
Cash Cycle (days) - - 81.44 89.58 -
Days Purchases Outstanding (DPO) - - 47.08 45.73 -
Creditor Days - - 37.46 35.51 -
Profit/Total Assets (%) - - -11.94 2.61 -
Profit/ Shareholders Funds (%) - - -95.43 12.15 -
Sales/Total Assets (%) - - 220.39 200.47 -
Sales/Fixed Assets - - 4.94 4.24 -
Working Capital/Sales (%) - - -2.54 1.27 -
Total Debt/Net worth (%) - - 476.65 248.90 -
Shareholders Funds/Total Assets 0.25 0.21 0.13 0.21 0.22
Long-term Debt/Net Worth (%) - - 211.68 127.07 -
Interest/Pre-interest Profit - - -37.23 48.24 -
Total Debt/Working Capital (%) - - -10.67 20.95 -
Average Employee Remuneration (£) - - 10,460 9,264 -
Wages/Sales (%) - - 34.07 29.04 -
Profit per Employee (£) - - -1,664 415 -
Sales per Employee (£) - - 30,699 31,906 -
Capital Employed per Employee (£) - - 5,434 7,925 -
Total Fixed Assets per Employee (£) - - 6,212 7,519 -
Total Assets per Employee (£) - - 13,929 15,915 -
Creditors/Debtors 1.01 0.00 1.39 1.11 3.73
Debtors/Total Assets (%) 52.82 60.64 16.33 17.55 16.29
Current Liabilities/Stocks 4.58 6.50 1.86 1.59 1.71
Exports/Sales (%) - - 0.00 0.00 -
Sales/Audit Fees - - - - -
Total Assets/ Audit Fees - - - - -

Growth Rates

1 year 2 year 3 year 4 year
Turnover - - - -
Pre-tax Profit - - - -
Audit Fees - - - -
Directors Remuneration - - - -
Number of Employees - - - -
Employees Remuneration - - - -
Fixed Assets - - - -
Tangible Assets 44.2 45.4 32.6 43.8
Total Fixed Assets 44.2 45.4 32.6 43.8
Stocks 47.6 -22.4 -26.0 -28.0
Trade Debtors 4.7 443.9 401.6 511.9
Total Current Assets 10.5 111.4 115.2 145.2
Total Assets 20.2 81.9 76.2 96.3
Trade Creditors - 302.5 357.7 74.1
Short-Term Loans - - - -
Total Current Liabilities 3.8 61.8 86.5 74.1
Net Cash - - - -
Shareholders Funds 41.8 242.4 102.3 118.7
Net Worth 41.8 242.4 102.3 118.7
Long-Term Loans - - - -
Long-Term Liabilities 53.0 52.4 38.0 146.1
Capital Employed 46.8 113.4 65.7 130.6

Company/Industry Comparison

This comparison is based on the results of 223732 companies in the same industrial sector: 74840 Other business activities not elsewhere classified

Company Industry Averages
31/12/2007 Lower Median Upper
Performance
Profit/Sales (%) - 0.00 29.52 51.75
Profit/Capital Employed (%) - 0.00 34.78 135.00
Profit/Total Assets (%) - 0.00 7.32 116.95
Profit/Shareholders Funds (%) - 0.00 50.00 168.29
Turnover
Sales/Total Assets (%) - 0.00 124.17 446.15
Sales/Fixed Assets (%) - 13.50 23.88 139.57
Working Capital/Sales (%) - 15.24 0.00 0.00
Stock Turnover (days) - 182.00 16.00 10.00
Credit Period (days) - 57.63 12.82 0.00
Creditor Days - 19.32 0.00 0.00
Liquidity
Current Ratio 1.23 0.77 1.00 1.66
Liquidity Ratio 1.01 0.62 1.00 1.55
Gearing
Total Debt/Net Worth (%) - - - -
Shareholders Funds/Total Assets 0.25 0.00 0.21 0.57
Long Term Debt/Net Worth (%) - - - -
Interest/Pre-interest Profit - - - -
Total Debt/Working Capital - - - -
Employee
Average Employee Remuneration (£) - 5,000 10,588 20,429
Wages/Sales (%) - 57.14 32.17 16.48
Profit per Employee (£) - -1,474 2,083 12,264
Sales per Employee (£) - 10,000 24,871 44,175
Capital Employed per Employee (£) - 0 5,000 30,200
Total Fixed Assets per Employee (£) - 0 1,133 13,769
Total Assets per Employee (£) - 6,776 23,500 92,917
Other
Creditors/Debtors 1.01 0.51 1.00 2.53
Debtors/Total Assets (%) 52.82 0.00 24.03 69.66
Current Liabilities/Stocks 4.58 1.94 4.60 12.86
Exports/Sales (%) - - - -
Sales/Audit Fees - - - -
Total Assets/Audit Fees - - - -

Filing History

30/07/2008 Alteration in memorandum or articles of association
04/07/2007 Resolutions or agreements to which section 380 applies (relating to shares, rights or names)
12/08/2006 Change among directors of a company
09/08/2005 Particulars of a mortgage or charge
31/07/2001 Particulars of a mortgage or charge
03/07/1998 Particulars of a mortgage or charge
22/06/1998 Particulars of a mortgage or charge

Officers

Company Secretaries

COMPANY SECRETARY NAME
Appointment Date: 14/06/1998
Date of Birth: 29/04/1954
Occupation: MANAGER
Address: BUILDING, ADDRESS, TOWN, POSTCODE
Present Appointment Details:

ANOTHER COMPANY (RISK SCORE=72)

ANOTHER COMPANY (RISK SCORE=72)

COMPANY (RISK SCORE=Suspended)

COMPANY (RISK SCORE=Suspended)


Current Directors

DIRECTOR ONE
Appointment Date: 14/06/1998
Date of Birth: 25/03/1954
Occupation: DIRECTOR
Address: BUILDING, ADDRESS, TOWN, POSTCODE
Present Appointment Details:

ANOTHER COMPANY (RISK SCORE=72)

COMPANY (RISK SCORE=Suspended)

OTHER COMPANY (RISK SCORE=Suspended)


DIRECTOR TWO
Appointment Date: 14/06/1998
Date of Birth: 29/04/1954
Occupation: MANAGER
Address: BUILDING, ADDRESS, TOWN, POSTCODE
Present Appointment Details:

ANOTHER COMPANY (RISK SCORE=72)

ANOTHER COMPANY (RISK SCORE=72)

COMPANY (RISK SCORE=Suspended)

COMPANY (RISK SCORE=Suspended)


DIRECTOR THREE
Appointment Date: 31/03/2006
Date of Birth: 26/08/1951
Occupation: GENERAL MANAGER
Address: BUILDING, ADDRESS, TOWN, POSTCODE
Present Appointment Details:

ANOTHER COMPANY (RISK SCORE=72)


DIRECTOR FOUR
Appointment Date: 01/07/2006
Date of Birth: 30/08/1958
Occupation: MANAGER
Address: BUILDING, ADDRESS, TOWN, POSTCODE
Present Appointment Details:

ANOTHER COMPANY (RISK SCORE=72)


Previous Directors

PREVIOUS DIRECTOR ONE
Resignation Date: 14/06/1998
Date of Birth: 03/06/1948
Occupation: SOLICITOR
Address: BUILDING, ADDRESS, TOWN, POSTCODE

PREVIOUS DIRECTOR TWO
Resignation Date: 15/10/2001
Date of Birth: 05/01/1972
Occupation: DIRECTOR
Address: BUILDING, ADDRESS, TOWN, POSTCODE

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