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D&B European Report
Identification
D & B SAMPLE CO LTD
ADDRESS: 11TH FLOOR, CENTRE CITY TOWER
7 HILL ST
BIRMINGHAM
WEST MIDLANDS
B5 4UN
UK
TEL: 0121-631-2323
FAX: 0121-631-3268
REGISTERED OFFICE: 11th Floor, Centre City Tower, 7 Hill St,
Birmingham B5 4UN
DUNS: 21-456-7885
CURRENCY: Shown in Pounds Sterling, unless otherwise stated.
LANGUAGE: In certain circumstances information in this report may be quoted
in the local language. In case of difficulty, please contact your D&B
local Customer Service Department.
Evaluation
D&B RATING: 2A2
CONDITION: GOOD
MAXIMUM CREDIT: 170,000
TREND: EVEN
AVERAGE DAY(S) IN ANTICIPATION: 5
D&B PAYMENT SCORE: 82
ACCOUNTS INCORPORATED IN REPORT: 31-03-1997
LATEST ACCOUNTS PUBLICLY FILED: 31-03-1997
The D&B Rating of 2A2 indicates:
A Financial Strength of 1.5 - 7 million (based on tangible Net Worth)
and an overall condition which is Good (low risk).
The D&B 'maximum credit recommendation' for this business is 170,000.
The D&B Payment Score of 82 corresponds to an average of 5 day(s) in
anticipation of terms.
Summary
STARTED: 1984 SALES: 13,226,149
DATE INC: 1984 As at 31-03-1997
LEGAL FORM: PRIV LTD CO PROFIT/(LOSS): 218,422
REG NO: 434567 NET WORTH: 2,508,400
EMPLOYS: 203 As at 31-03-1997
ISSUED CAPITAL: 432,000
LINE OF BUSINESS: COMMERCIAL MACHINERY WHOLESALERS
COMPUTER PROGRAMMING & SOFTWARE SERVICES
SIC CODE(S): 5081 7372
Public Notice Information
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 24 MARCH 1999.
COUNTY COURT JUDGMENTS
Judgments Registered During The Last 12 Months: 0
DETAILS OF JUDGMENT(S) REGISTERED (LAST 5 YEARS)
Date: Name Quoted: Amount: Court: Plaint. No:
11-1996 D & B SAMPLE CO LTD 6,764 DARLINGTON DL555666
10-1996 D & B SAMPLE CO LTD 426 SALFORD SF400031
SCOTTISH DECREES
Decrees Registered During The Last 12 Months: 0
MORTGAGES & CHARGES
Total Mortgages & Charges Registered: 5
DETAILS OF MORTGAGES AND CHARGES REGISTERED
Date: Co. Number: Particulars:
3-1997 434567 A DUMMY MORTGAGE CREATED 20.03.97/MIDLAND DUMMY
BANK PLC.
3-1997 434567 A DUMMY MORTGAGE CREATED 20.03.97 TO MIDLAND
DUMMY BANK PLC.
5-1992 434567 DEBENTURE CREATED 01.05.92/D. & B. SAMPLE HOLDING
CO/ALL MONEYS/GENERAL CHARGE.
1993 A DEBENTURE TO NATIONAL WESTMINSTER BANK PLC
1992 A MORTGAGE TO BARCLAYS BANK PLC
DETAILS OF MORTGAGES AND CHARGES SATISFIED
Date: Co. Number: Particulars:
3-1998 434567 20.3.97
All Public Notice information has been obtained in good faith from the
appropriate public sources.
Special Events
Critical legal notice information filed is investigated by D&B Analysts,
and where relevant, comment is presented in this section.
Bankers
Barclays Bank PLC, P O Box 65, 56 New St, Birmingham West Midlands B2 4EF.
BANK SORT CODE: (20-07-71).
National Westminster Bank PLC, 25 High St, Colchester Essex CO1 1DG. BANK
SORT CODE: (60-06-06).
Principals
Name: Mr Jonathan McCready, Chairman
Born: 22-06-1936
Address: Craven Cottage, New Denson Rd, Willenhall, West Midlands
WV23 2XB UK
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Mrs Joan Beatrix Culloden, Managing Director
Born: 01-09-1961
Address: 16B Lundy Ho, Evergreen La, St. Johns, Edinburgh EH11 1FH
UK
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Mr Paul Shelley, Financial Director
Born: 16-09-1962
Address: 116a Upper High St, Long Meadow Bank, Edgbaston,
Birmingham B62 9PL UK
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Mr Guy Jacques-Pierot, Sales Director
Born: 01-11-1967
Address: 11 Rue De Poulenc, Boulon-Devion, Paris 75006 FR
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Mr Paul Vert, Marketing Director
Profession: Director
Born: 24-02-1965
Nationality: French
DIRECTORSHIPS: No other recorded directorships.
Name: Mr Klaus Preston, Personnel Director
Born: 16-02-1956
Address: 'Johnstone Step', Blackheath Way, Coventry Rd, Sheffield,
South Yorkshire S16 9LL UK
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Miss Julie Whittaker, Director, Company Secretary
Born: 02-08-1967
Address: 20 Hurford Rd, Leeds, West Yorkshire LS11 9PS
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
Name: Mr Marcus Voodarini, Non-Executive Director
Born: 22-05-1971
Address: 11th Floor, Centre City Tower, 7 Hill St, Birmingham B5
4UN UK
DIRECTORSHIPS: D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
(Current) SAMPLE HOLDING CO LTD (23-308-3567),
There is one additional principal recorded at Companies House.
Payment Habits
D&B has collected 5 trade references amounting to 210,000 which show that,
on average, this business pays its bills 5 DAY(S) IN ANTICIPATION OF TERMS
(Payment Score = 82), which is BETTER THAN THE INDUSTRY AVERAGE. In some
instances, payment beyond terms can be the result of overlooked or disputed
invoices.
INDUSTRY COMPARISON - THIS QUARTER ONLY
Based on the 11831 firms in SIC code 5081 where D&B has payment
experiences.
UPPER SEGMENT (Top 25%) SCORE = 79
Pays Within Terms
MEDIAN SEGMENT (Middle 50%) SCORE = 72
Pays 12 day(s) Beyond Terms
LOWER SEGMENT (Bottom 25%) SCORE = 63
Pays 20 day(s) Beyond Terms
BREAKDOWN OF PAYMENT EXPERIENCES FOR THE 12 MONTHS ENDING MARCH 98
CREDIT AMOUNT BANDS: NUMBER OF TOTAL
PAYMENT EXPERIENCES AMOUNT
Between 50,000 & 99,999 3 150,000
100% of amount stated as Within Terms
Between 15,000 & 49,999 2 60,000
100% of amount stated as Within Terms
Total Payment Experiences in file 5 210,000
Financial Comparisons
Fiscal Fiscal Fiscal Group Group Group 31-03-1995 31-03-1996 31-03-1997
Net Sales 12,110,000 13,122,000 13,226,149
Exports 4,601,000 4,902,000 4,070,165
Pre-Tax Profit (Loss) 1,136,000 2,710,000 218,422
Net worth 3,147,000 3,375,000 2,508,400
Total Fixed Assets 4,359,000 4,249,000 1,726,358
Total Assets 11,641,000 10,810,000 5,875,737
Current Assets 6,282,000 5,561,000 4,149,379
Current Liabilities 5,380,000 4,440,000 2,817,498
Working Capital 902,000 1,121,000 1,331,881
Long Term Debt 3,114,000 2,995,000 160,839
Employees 477 476 203
Key Performance Ratios
31-03-1995 31-03-1996 31-03-1997PROFITABILITY
Profit Margin (%) 9.4 20.7 1.7
FINANCIAL STATUS
Acid Test (X) 0.5 0.6 0.2
Current Ratio (X) 1.2 1.3 1.5
Solvency Ratio (%) 269.9 220.3 118.7
Fixed Assets/Net Worth (%) 138.5 125.9 68.8
ASSET UTILITY
Collection Period (Days) 76.1 70.8 6.4
Financial Statement
Consolidated
Closing date 31-03-1997ASSETS
Land & Buildings 702,204
Fixtures & Equipment 1,024,154
Tot. Net Stocks & WIP 3,342,397
Accounts Receivable 230,585
Prepaid Expenses 236,380
Other Receivables 23,761
Cash 230,919
Taxation Recoverable 85,337
Total Current Assets 4,149,379TOTAL ASSETS 5,875,737
---------------------------------------------------------
LIABILITIES
Issued Capital 432,000
Reserves 176,072
Retained Earnings 2,289,328
Lease pay. after 1 yr 160,839
Accounts Payable 886,622
Accruals/Deferred Inc 416,157
Bank Loans/Overdrafts 511,289
Loans from Principals 1,796
Tax & Social Security 901,469
Lease pay. in 1 year 77,211
Other Current Liabs. 22,954
Total Current Liabs. 2,817,498TOTAL LIABILITIES 5,875,737
---------------------------------------------------------
Closing date 31-03-1997PROFIT AND LOSS ACCOUNT
Net Sales 13,226,149
Cost of Sales 5,432,190
Gross Profit 7,793,959
General Expenses 7,441,862
Other Operating Charges 29,682
Net Operating Income 322,415
Interest Receivable 5,365
Total Financial Income 5,365
Interest Payable 109,358
Total Financial Expenses 109,358
Profit Before Tax 218,422
Net Taxation 262,400
Other Tax (43,852)
Profit After Tax (126)
Net Loss 126
Exports 4,070,165
Retained Earnings at Start 2,344,414
Net Loss 126
Dividends 54,960
Retained Earnings at End 2,289,328
Payroll 3,553,185
Depreciation 390,385
Directors' Remuneration 288,426
Number of Employees 203
Statement obtained from Companies House.
Fixed assets shown as a net value, less undisclosed accumulated
depreciation.
Other tax consists of deferred overseas taxation. Reserves consist of
revaluation reserve.
Secured Charges
Registered 1992 a mortgage to Barclays Bank PLC.
Registered 1993 a debenture to National Westminster Bank PLC.
Corporate Structure
SUBSIDIARIES
Subject has one subsidiary.
D & B Sample Subsidiary Co Ltd, Birmingham, U K, DUNS: 23-080-9378,
ownership: 100%
It should be noted that the Accounting Reference Date is 31-03.
BRANCHES
Number of branches or divisions: 1
5th Floor, Westminster Ho Manchester, branch
CAPITAL
Nominal capital : Undisclosed.
Issued capital : 432,000 divided into 432,000 Ordinary shares of 1.00
each,
PARENT COMPANY
IMMEDIATE PARENT
NAME: D & B SAMPLE HOLDING CO LTD
TOWN: BIRMINGHAM
COUNTRY: UK
D-U-N-S NUMBER: 23-308-3567
OWNERSHIP: 99%
History/Operations
HISTORY
Business started 1984
Private limited company registered 01-11-1984
Subject was accredited with BSI 5750 in November 1996
OPERATIONS
SIC CODE(S): 5081 7372
COMMERCIAL MACHINERY WHOLESALERS
COMPUTER PROGRAMMING & SOFTWARE SERVICES
Laptop personal computers, computer hardware and accessories distributors
(60%) and software developers (40%).
Sells to: Blue chip companies and Government departments
Terms are: Net 30 days (U K) & letter of credit (overseas)
Number of accounts: 400.
Non-seasonal business.
Exports: 30% of sales to U S A; Germany
EMPLOYEES: 203
Premises: Owns offices, factory, warehouses, at the heading
address covering 20,000 sq. ft.
REGISTERED OFFICE: 11th Floor, Centre City Tower, 7 Hill St, Birmingham B5
4UN
Press Cuttings
Press and Business articles are added to the D&B database daily. Recent
significant cuttings relating to this business will appear in this section.
On 21.10.98 notification was received from Companies House that the above
named company is the subject of a Company Voluntary Arrangement. K S Tan of
10/12 New College Parade, Finchley London NW3 was appointed supervisor on
30.09.98.
