Confidential, this information is provided by Dun & Bradstreet to : 965000000 Subject to the terms and conditions of your contract.
D&B Comprehensive Report
Reference
19/Sep/2000
Dun & Bradstreet
12:55
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
REGISTRATION NUMBER: 434567
D-U-N-S NUMBER: 21-456-7885
CURRENCY: Shown in Pounds Sterling, unless otherwise stated.
Evaluation
D&B RATING: O4
CONDITION: POOR
TREND: EVEN
AVERAGE DAY(S) BEYOND TERMS: 15
D&B PAYMENT SCORE: 70
ACCOUNTS INCORPORATED IN REPORT: 31-12-1999
LATEST ACCOUNTS PUBLICLY FILED: 31-12-1999
The D&B Rating of O4 indicates:
A Financial Strength which is Undisclosed and an overall condition
which is Poor (significant level of risk).
D&B recommend that before extending credit, suppliers seek suitable
assurances or guarantees.
The D&B Payment Score of 70 corresponds to an average of 15 day(s) beyond
terms.
Summary
START DATE: 1984 TURNOVER: 2,500,000
INCORP. DATE: 1984 As at 31-12-1999
LEGAL FORM: PRIV LTD CO PROFIT/(LOSS): 606,000
EMPLOYEES: 75 As at 31-12-1999
ISSUED CAPITAL: 432,000 NET WORTH: 875,254
As at 31-12-1999
LINE OF BUSINESS: Telecommunications distributors
SIC CODE(S): 4811
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 19 SEPTEMBER 2000.
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
SUMMARY OF JUDGMENTS REGISTERED (UP TO 5 FULL YEARS)
YEAR: NUMBER: AMOUNT:
1996 2 7,190
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.
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
A Principal may be a Director or a Company Secretary or both
NAME: Mr Jonathan McCready, Chairman
BORN: 22-06-1936
ADDRESS: Craven Cottage, New Denson Rd, Willenhall, West Midlands
WV23 2XB UK
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
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
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
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
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
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
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
SAMPLE HOLDING CO LTD (23-308-3567),
NAME: Mr Paul Vert, Marketing Director
OCCUPATION: Director
BORN: 24-02-1965
NATIONALITY: French
Other Directorships and / or Company Secretary Positions :
No other recorded directorships and / or company
secretary positions.
NAME: Mr Klaus Preston, Personnel Director
BORN: 16-02-1956
ADDRESS: "Johnstone Step", Blackheath Way, Coventry Rd, Sheffield,
South Yorkshire S16 9LL UK
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
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
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
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
(Current) Other Directorships and / or Company Secretary Positions :
D & B SAMPLE SUBSIDIARY CO LTD (23-080-9378), D & B
SAMPLE HOLDING CO LTD (23-308-3567),
There is one additional principal recorded at Companies House.
Financial Information
Consolidated Consolidated Variance
Closing date 31-03-1999 31-12-1999 99/99 (%) ASSETS
Land & Buildings 813,365 360,000
Fixtures & Equipment 654,345 150,000
Total Intangibles 16,000
Long Term Investments 3,600,000
Deposits 250
Other Long Term Ass. 18,000
Tot. Net Stocks & WIP 2,394,545 2,505,060
Accounts Receivable 546,609 26,500
Prepaid Expenses 475,281 2,200
Other Receivables 156,475 2,500
Cash 250,659 1,000
Taxation Recoverable 100,497 18,600
Marketable Securities 48,500
Group/Assoc/Other Expenses 18,510
Other Current Assets 187 3,680
Total Current Assets 3,924,253 2,626,550 TOTAL ASSETS 5,391,963 6,770,800
---------------------------------------------------------
LIABILITIES
Issued Capital 534,743 120,000
Share Premium Account 61,000
Reserves 154,000 214,354
Retained Earnings 2,341,704 494,900
Cap. Subsidies/Grants 1,000
Due to Group Co's 3,500,000
Deferred Taxation 25,000
Mortgages & Loans 60,000
Lease pay. after 1 yr 174,258 25,126
Minority Interest 1,800
Other Long-term Liabs 17,249 1,260,020
Accounts Payable 19,000
Accruals/Deferred Inc 474,653 2,500
Bank Loans/Overdrafts 500,150 600,000
Loans Payable 2,000
Loans from Principals 3,500 18,000
Long Term Due in 1 Yr 6,000
Tax & Social Security 1,056,230 5,600
Due to Group/Assocs. 250,000
Proposed Dividend 60,000
Lease pay. in 1 year 114,726 18,000
Other Current Liabs. 20,750 26,500
Total Current Liabs. 2,170,009 1,007,600 TOTAL LIABILITIES 5,391,963 6,770,800
---------------------------------------------------------
Closing date 31-03-1999 31-12-1999 Variance PROFIT AND LOSS ACCOUNT 99/99 (%)
Net Sales 15,545,000 2,500,000
Cost of Sales 8,341,801 1,600,000
Gross Profit 7,203,199 900,000
Advert. & Commercial Exp. 381,495 2,000
General Expenses 5,369,893 60,000
Other Operating Charges 25,000
Other Operating Income 25,000
Net Operating Income 1,451,811 838,000
Interest Receivable 4,000 18,000
Total Financial Income 4,000 18,000
Interest Payable 1,206,555 250,000
Total Financial Expenses 1,206,555 250,000
Profit Before Tax 249,256 606,000
Net Taxation 195,000 26,000
Other Tax 1,800
Profit After Tax 54,256 578,200
Extraordinary Result 1,800
Exceptional Items 19,000
Net Profit 54,256 557,400
Exports 37,856 12,500
Retained Earnings at Start 2,273,448 0
Net Income 54,256 557,400
Other Additions 14,500 25,000
Dividends 0 60,000
Withdrawals 2,500
Other Deductions 500 25,000
Retained Earnings at End 2,341,704 494,900
Payroll 3,952,649 80,000
Depreciation 427,953 67,200
Directors' Remuneration 175,022 50,000
Number of Employees 75 12
NOTES TO THE ACCOUNTS
Balance sheet above was prepared from an accountant's statement.
Accountant: KPMG Audit Plc
Statement obtained from Companies House.
Accountants opinion:
Limitation in Audit Scope
Contingent debt: none.
Debtors shown as a net value, less undisclosed allowance for doubtful
debts.
Stocks valued at lower of cost or market, using the LIFO method.
Fixed assets shown as a net value, less 26,000 accumulated depreciation.
Tangible net worth is computed after deducting intangibles consisting of:
goodwill 15,000organisational expenses 500500n licenses
Investments consist of investments in unlisted companies
Other Current Assets consist of: payments in advance
Other Current Liabs. consist of: other creditors
AUDITORS/REGISTRARS
AUDITORS: KPMG Audit PLC, Birmingham
Financial Comparisons
Fiscal Fiscal Fiscal Group Group Group 31-03-1998 31-03-1999 31-12-1999
Net Sales 13,545,000 15,545,000 2,500,000
Exports 24,975 37,856 12,500
Pre-Tax Profit (Loss) 114,120 249,256 606,000
Net worth 2,978,191 3,030,447 875,254
Total Fixed Assets 1,692,710 1,467,710 510,000
Total Assets 5,779,707 5,391,963 6,754,800
Current Assets 4,086,997 3,924,253 2,626,550
Current Liabilities 2,627,009 2,170,009 1,007,600
Working Capital 1,459,988 1,754,244 1,618,950
Long Term Debt 174,507 191,507 4,871,946
Employees 50 75 12
Performance Ratios
31-03-1998 31-03-1999 31-12-1999 PROFITABILITY
Profit Margin (%) 0.8 1.6 24.2
Shareholders' Return (%) 3.8 8.2 69.2
Return On Capital (%) 3.6 7.7 10.5
Return On Assets (%) 2.0 4.6 9.0
FINANCIAL STATUS
Acid Test (X) 0.3 0.4 0.0
Current Ratio (X) 1.6 1.8 2.6
Solvency Ratio (%) 94.1 77.9 671.8
Fixed Assets/Net Worth (%) 56.8 48.4 58.3
Current Liab's/Net Worth(%) 88.2 71.6 115.1
Current Liab's/Stocks (%) 101.1 90.6 40.2
ASSET UTILITY
Stock Turnover Rate 5.2 6.5 1.0
Collection Period (Days) 14.7 12.8 3.9
Asset Turnover (%) 234.4 288.3 36.9
Sales/Net Working Cap. (X) 9.3 8.9 1.5
Assets/Sales (%) 42.7 34.7 270.8
Creditors/Sales (Days) 2.8
EMPLOYEE (000'S)
Capital Employed/Employee 63.1 43.0 480.3
Sales/Employee 270.9 207.3 208.3
Profit/Employee 2.3 3.3 50.5
Employee Average Wage 75.1 52.7 6.7
KEY RATIO EXPLANATIONS:
Profit Margin: Profit before Tax / Turnover.
Shareholders' Return: Profit before Tax / Tangible Net Worth.
Acid Test Ratio: Liquid Assets / Current Liabilities.
Current Ratio: Current Assets / Current Liabilities.
Solvency Ratio: Current, Deferred & L-T Liabs / Tangible N Worth.
Stock Turnover Rate: Turnover / Stocks & Work in Progress.
Collection Period: Trade Debtors / Turnover (x 365).
Payment Habits
INDUSTRY COMPARISON - THIS QUARTER ONLY
Based on the 752 firms in SIC code 4811 where D&B has payment experiences.
UPPER SEGMENT (Top 25%) SCORE = 79
Pays Within Terms
MEDIAN SEGMENT (Middle 50%) SCORE = 71
Pays 14 day(s) Beyond Terms
LOWER SEGMENT (Bottom 25%) SCORE = 61
Pays 22 day(s) Beyond Terms
D&B COLLECTION SERVICES CLAIMS
During the past 36 months, D&B Collection Services have processed the
following overdue cases on this business:
Date Age of Amount Status Legal Claim Country
Claim Claim of of Action Disputed of
Received (Days) Claim Claim Taken Origin
JAN 2000 31 3,338 open UK
Corporate Structure
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%
SUBSIDIARIES
Subject has one subsidiary.
D & B Sample Subsidiary Co Ltd, Birmingham, U K, ownership: 100%, (Duns:
23-080-9378)
BRANCHES
Number of branches or divisions: 1
5th Floor, Westminster Ho Manchester, branch
History/Operations
HISTORY
Private limited company registered 01-11-1984
Business started 1984
OPERATIONS
Telecommunications distributors.
Market: Blue chip companies and Government departments
Terms are: Net 30 days (U K) & letter of credit (overseas)
Number of accounts: 400.
Exports: to U S A; Germany
Employees: 75
Employees peak to 150 during April.
Premises: Owns offices, factory, warehouses, at the heading
address covering 20,000 sq. ft.
Management Comment
During our investigation:
Julie Whittaker, Company Secretary, confirmed general details in this
report.
D&B Notes
If you require further information about D&B, or have any questions
regarding this report, please call D&B Customer Service on
0161 228 7744 (Mainland UK) or 01247 270035 (Northern Ireland)
quoting your Subscriber Number.
