IN DATE
D&B EUROPEAN REPORT
DATE PRINTED 28 JUN 2002
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
POSTAL ADDRESS: Baileys DNB.COM 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: 5A3
CONDITION: FAIR
MAXIMUM CREDIT: 9,600,000
TREND: EVEN
ACCOUNTS INCORPORATED IN REPORT: 31-12-2000
LATEST ACCOUNTS PUBLICLY FILED: 31-12-2000
The D&B Rating of 5A3 indicates:
A Financial Strength of 35+ million (based on tangible Net Worth) and
an overall condition which is Fair (slightly greater than average
risk).
The D&B 'maximum credit recommendation' for this business is 9,600,000.
SUMMARY
STARTED: 1984 SALES: 2,825,500
DATE INC: 1984 (THOUSANDS) As at 31-12-2000
LEGAL FORM: PRIV LTD CO PROFIT/(LOSS): 43,600
REG NO: 0434567 (THOUSANDS)
EMPLOYS: 220 NET WORTH: 1,004,600
ISSUED CAPITAL: 432,000 (THOUSANDS) As at 31-12-2000
LINE OF BUSINESS: TELEPHONE COMMUNICATION SERVICES
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 28 JUNE 2002.
COUNTY COURT JUDGMENTS
Judgments Registered During The Last 12 Months: 1
DETAILS OF JUDGMENT(S) REGISTERED (LAST 5 YEARS)
Date: Name Quoted: Amount: Court: Plaint. No:
8-2001 D & B SAMPLE CO LTD 500 BIRMINGHAM KC123456
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: (56-00-34).
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
Profession: 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: Mrs Lauren Jenny Franklyn, Non-Executive Director
Born: 29-08-1968
Nationality: British
Address: 7 Hill St, Birmingham B5 4UN UK
Other Directorships and / or Company Secretary Positions :
No other recorded directorships and / or company
secretary positions.
PAYMENT HABITS
INDUSTRY COMPARISON - THIS QUARTER ONLY
Based on the 1046 firms in SIC code 4811 where D&B has payment experiences.
UPPER SEGMENT (Top 25%) SCORE = 80
Pays Within Terms
MEDIAN SEGMENT (Middle 50%) SCORE = 71
Pays 14 day(s) Beyond Terms
LOWER SEGMENT (Bottom 25%) SCORE = 59
Pays 23 day(s) Beyond Terms
PAYMENTS: UNDETERMINED
FINANCIAL COMPARISONS
Fiscal Fiscal Fiscal
31-12-1998 31-12-1999 31-12-2000
'000s '000s
Net Sales 1,891,400 2,530,700 2,825,500
Exports 12,777 14,535
Pre-Tax Profit (Loss) (109,100) 132,500 43,600
Net worth 829,000 964,900 1,004,600
Total Fixed Assets 1,610,800 1,541,300 1,519,000
Total Assets 2,502,000 2,535,200 2,754,000
Current Assets 809,700 911,400 1,153,400
Current Liabilities 1,121,500 1,036,100 1,229,200
Working Capital (311,800) (124,700) (75,800)
Long Term Debt 551,500 534,200 520,200
Employees 224 224 237
(Number of employees is not in thousands)
KEY PERFORMANCE RATIOS
31-12-1998 31-12-1999 31-12-2000
PROFITABILITY
Profit Margin (%) (5.8) 5.2 1.5
FINANCIAL STATUS
Acid Test (X) 0.3 0.3 0.4
Current Ratio (X) 0.7 0.9 0.9
Solvency Ratio (%) 201.8 162.7 174.1
Fixed Assets/Net Worth (%) 194.3 159.7 151.2
ASSET UTILITY
Collection Period (Days) 73.2 49.8 58.5
FINANCIAL STATEMENT
Fiscal
Closing date 31-12-2000
ASSETS '000s
Land & Buildings 850,600
Fixtures & Equipment 668,400
Total Intangibles 3,700
Long Term Investments 81,600
Tot. Net Stocks & WIP 114,200
Accounts Receivable 452,500
Prepaid Expenses 15,100
Other Receivables 11,600
Cash 32,500
Other Current Assets 527,500
Total Current Assets 1,153,400
TOTAL ASSETS 2,757,700
---------------------------------------------------------
LIABILITIES '000s
Issued Capital 242,300
Share Premium Account 85,500
Retained Earnings 680,500
Due to Group Co's 436,900
Other Long-term Liabs 83,300
Accounts Payable 400,300
Accruals/Deferred Inc 313,900
Bank Loans/Overdrafts 316,700
Tax & Social Security 24,400
Due to Group/Assocs. 119,000
Other Current Liabs. 54,900
Total Current Liabs. 1,229,200
TOTAL LIABILITIES 2,757,700
---------------------------------------------------------
Closing date 31-12-2000
PROFIT AND LOSS ACCOUNT '000s
Net Sales 2,825,500
Cost of Sales 2,256,700
Gross Profit 568,800
General Expenses 484,800
Net Operating Income 84,000
Interest Receivable 10,900
Other Financial Income 3,500
Total Financial Income 14,400
Interest Payable 44,900
Other Financial Expenses 9,900
Total Financial Expenses 54,800
Profit Before Tax 43,600
Net Taxation 200
Profit After Tax 43,400
Net Profit 43,400
Exports 14,535
Retained Earnings at Start 634,200
Net Income 43,400
Other Additions 2,900
Dividends 0
Retained Earnings at End 680,500
Payroll 6,387,000
Directors' Remuneration 173,088
Number of Employees 237
(No. of employees & directors' remuneration are not in thousands)
Statement obtained from Companies House.
Contingent debt: none.
Stocks valued at lower of cost or market.
Fixed assets shown as a net value, less 601,000 accumulated depreciation.
Tangible net worth is computed after deducting intangibles consisting of:
development costs
Long term debt/Liabilities: provisions for liabilities & charges
Investments consist of interests in associated undertakings
Other financial income consists of exceptional items. Other financial
expenses consists of loss on sale of discontinued operations. Other
additions consists of transfer of revaluation reserves.
Other Current Assets consist of: amounts recoverable on contracts & amounts
owed by group undertakings
Other Current Liabs. consist of: payments on long term contracts
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
OPERATIONS
SIC CODE(S): 4811
TELEPHONE COMMUNICATION SERVICES
Telecommunications distributors
Sells to: Blue chip companies and Government departments
Terms are: Net 30 days (U K) & letter of credit (overseas)
Number of accounts: 1000.
Exports: to U S A; Germany; France; Italy
Employees: 220
Employee figure confirmed in an interview on 30.05.01.
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.
APPOINTMENT:- It was reported in a press release during May 2001 that
Lauren Jenny Franklyn has joined the board as non-executive director.
MANAGEMENT COMMENT
During our investigation:
Julie Whittaker submitted the following
Turnover for 31.12.01 : 3,500,000,000
Copyright (c) 2002 Dun & Bradstreet. All Rights Reserved. This report
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