Oct
31
Posted on 31-10-2009
Filed Under (ROWANTRACK LIMITED) by admin
Subject Reported on ROWANTRACK LIMITED
Registration Number 04125093

Creditline Recommendations

Graydon Rating

Graydon Rating
 
 
X
Credit is not recommended

Monthly Credit Guide GBP 0
Risk Category HIGH RISK
XSeption Summary
Number of XSeptions 0
Note : An ‘XSeption’ is only recorded when unusual patterns of behaviour or financial results have been identified.
Official Company Data
Legal Form Private Limited
Registration Number 04125093
Subject Status Unknown
Date of Incorporation 13/12/2000
Registered Office 3 COLLEGE FARM BUILDINGS, TETBURY ROAD, CIRENCESTER, GLOUCESTERSHIRE, GL7 6PY.
History

The following information was obtained from Companies House daily Gazette dated 24/01/2009 : First notice from Companies House to dissolve company in 3 months

 

14/05/2008 : The Registered Office address changed from 250 KINGS ROAD, LONDON, SW3 5UE.

 

12/10/2002 : The Registered Office address changed from CHELSEA CHAMBERS, 262A FULHAM ROAD, LONDON, S.

 

16/02/2001 : The Registered Office address changed from C/O MIDLAND COMPANY SERVICES LTD, SUITE 116 L.

Date of Last Annual Return to Registry 13/12/2008
Accounts The last filed accounts at Companies House are those to
30/06/2008
Accounting Reference Date 30/06
Operations
Nace Code 3310
Subsidiaries

MORTON MEDICAL LIMITED

Historical Graydon Rating
Date Graydon Rating Monthly Credit Guide
31/10/2009 X 0
31/07/2009 X 0
30/04/2009 X 0
30/01/2009 NIL 0
30/10/2008 NIL 0
Public Record Information
Summary of CCJ’s/Scottish Decrees
Period Last 72 Months Last 36 Months
Amount Summary 187 187
Count Summary 1 1
Unsettled Amount Summary 187 187
Details of the most recent CCJ’s/Scottish Decrees
Date Amount Type Case No Satisfied Court
10/01/2008 187 Judgment 7XH24292   NORTHAMPTON CCBC
Other Filings and Notices
Date Source Description
12/02/2009 Companies House First notification of strike-off action in London Gazette (section 652)
24/01/2009 Companies House Gazette First notice from Companies House to dissolve company in 3 months
30/03/2001 Companies House Gazette Change among directors of a company
16/02/2001 Companies House Gazette Change among directors of a company
25/01/2001 Companies House Gazette Change among directors of a company
Company Secretary
Secretary STAVELEY INVESTMENTS LIMITED
Service Address FINSGATE, 5-7 CRANWOOD STREET, LONDON, EC1V 9EE.
Country of Origin UNITED KINGDOM
Appointment Date 24/01/2001
Directors
Director MR PETER GEORGE WORSLEY PENNY
Service Address OLD ORCHARD, KEMBLE, CIRENCESTER, GLOUCESTERSHIRE, GL7 6AF.
Country of Origin UNITED KINGDOM
Date of Birth 08/10/1965
Appointment Date 24/01/2001
Other Directorships KEYLAW LIMITED, THE ECLIPSE ORGANISATION LTD, STAVELEY INVESTMENTS LIMITED, THE STAVELEY GROUP LIMITED, MORTON MEDICAL LIMITED, POWERTONE STUDIOS LIMITED, MEDSCOPE LIMITED, CAMECO LIMITED
Share Capital
Shares Ordinary GBP 1.00
Issued Number 1,000
Principal Shareholder 501 Mace Investments Ltd
  499 Staveley Group Ltd
The above reflects the principle shareholder(s) by number of shares held, irrespective of share classification type.
Holding Company MACE INVESTMENTS LIMITED
Payment Behaviour
( No Payment Analysis Data is Available )
To contribute sales ledger information to Graydon. please contact the Specialist Product Division – mail@graydon.co.uk
Financial Data– Statutory Accounts
Profit & Loss Accounts are not available for companies categorised as small companies under the companies act.

Balance Sheet
The following figures are shown in units of 1000
Number of Weeks 52 52 52 52
Accounts Date 30/06/2008 30/06/2007 30/06/2006 30/06/2005
Currency GBP GBP GBP GBP
TOTAL FIXED ASSETS       299
Tangible Assets       299
TOTAL CURRENT ASSETS 366 330 327 10
Trade debtors 366 330 327 8
Stocks       2
TOTAL ASSETS 366 330 327 309
TOTAL CURRENT LIABILITIES 33 17 19 44
Trade creditors 33 17 19 44
WORKING CAPITAL 333 313 308 (34)
TOTAL LONG TERM LIABS 349 326 308 263
NET ASSETS/(LIABILITIES) (16) (13)   2
SHARE CAPITAL + RESERVES (16) (13)   2
Share Cap + Sundry Res 1 1 1 1
Profit and Loss account (17) (14) (1) 1
SHAREHOLDERS FUNDS (16) (13)   2
CAPITAL EMPLOYED 333 313 308 265
Financial Comparison
The following figures are shown in units of 1000
Number of Weeks 52 52 52 52
Accounts Date 30/06/2008 30/06/2007 30/06/2006 30/06/2005
Currency GBP GBP GBP GBP
Liquid Assets 366 330 327 8
Net Working Capital 333 313 308 (34)
Other Deferred Liabs 349 326 308 263
Tangible Net Worth(T.N.W) (16) (13)   2
Equity (16) (13)   2
Number of Years Trading 8 7 6 5
Key Credit Ratios
The following figures are shown as Ratios or Percentages
Accounts Date 30/06/2008 30/06/2007 30/06/2006 30/06/2005
Current Ratio 11.1 19.4 17.2 0.2
Quick Ratio 11.1 19.4 17.2 0.2
T.N.W/Total Assets% (4.4) (3.9)   0.6
Equity Gearing% (4.2) (3.8)   0.7
Key Industry Sector Trends
Year 2009 2008 2007 2006
Sample Size 109 779 866 840
Pre-Tax Profit Margin 10.7 (12.2) (1.7) (4.6)
Current Ratio 2.2 1.8 1.9 1.9
Borrowing Ratio (29.9) 36.4 (7.3) (5.6)
Return on Capital 26.5 19.8 16.9 17.9
Creditors Days 24 83 62 360
Above figures relate to companies in 2003 Standard Industry Classification (Nace) sector :
Manufacture of medical and surgical equipment and orthopaedic appliances
Financial Summary
Auditors Qualification
The company has taken advantage of exemptions under the Companies Act such that the accounts have not been audited or examined.
No Turnover
The company’s balance sheet total is less than GBP 2,800,001 and therefore this is a small company as defined by the Companies Act.It is not required to disclose turnover but it is likely to be less than GBP 5,600,000.
No Pre-Tax Profit
The Company is exempt from the requirement to file a Profit Loss Account. We note that the difference on the Shareholders Funds shown on the Balance Sheet is GBP 3,000 decrease. This suggests that the Company may have made a post-tax loss of GBP 3,000.
Working Capital
The subject’s working capital has improved by 20,000 in the period.

*** End of Report on  ROWANTRACK LIMITED ***

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