Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Caldwell Inv. (PRS)

  Print      Mail a friend

Friday 27 September, 2002

Caldwell Inv.

Interim Results

Caldwell Investments PLC
27 September 2002

                              CHAIRMAN'S STATEMENT


The first half trading shows a small loss on ordinary activities after tax of
£107,178 (2001 £124,290). The turnover for the half year of £2,534,749 (2001
£2,575,167) was slightly down on the previous year. No interim dividend will be


The underwear business continues to be highly competitive. The first half of the
year is always slow. Hopefully, we will have seasonal weather in the autumn
which should result in better trading.


The season turned out to be less buoyant than we had hoped. It was a wet summer
throughout Europe, which somewhat dampened our sales.


As I mentioned in my last year's Chairman's statement, we reinstated our
Ninaclip development programme, and have now completed and patented the design
of a new and unique sunshade for sunloungers and chairs - NinaSun.

The NinaSun was successfully launched at the SPOGA Show in Cologne at the
beginning of September. Considerable interest was shown by a large number of
potential customers from 26 countries.

Subsequent to the interest shown at the show, Caldwell has entered into
discussions with manufacturers of outdoor furniture for the hotel and leisure
industries. Caldwell has high hopes that these discussions will lead to
significant orders. However, production lead times mean that it will not be
possible to deliver any prospective orders in the current financial year.

I have enclosed a NinaSun flyer with the Accounts to give shareholders more
insight into the potential of this new product.


The company is delighted with the interest shown in the NinaSun and continues to
believe that the large potential market for this product will provide exciting
opportunities for the Group. At the same time, we expect the Group's existing
underwear and Nina parasol activities to continue steadily.

                                                                   S.J. Wootliff
                                                             27th September 2002

                          CALDWELL INVESTMENTS P.L.C.

                 RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2002

Consolidated Profit and Loss Account

                                                     Unaudited              Unaudited                Audited

                                                      6 months               6 months             Year ended

                                                         ended                  ended       31 December 2001

                                                  30 June 2002           30 June 2001
                                                             £                      £                      £
Continuing Operations                                2,534,749              2,575,167              6,235,894

Operating (loss)/profit
Continuing Operations                                 (70,105)               (56,048)                 51,741
Discontinued Operations                                      0                (1,940)                      0
                                                      (70,105)               (57,988)                 51,741
Share of associates' operating loss                          0                (5,907)                      0
Net interest payable                                  (28,973)               (50,395)              (117,307)
Loss on ordinary activities
before taxation                                       (99,078)              (114,290)               (65,566)

Tax on loss on ordinary activities                     (8,100)               (10,000)               (29,871)

Loss on ordinary activities
after taxation                                       (107,178)              (124,290)               (95,437)

Equity dividends paid and proposed                           0                      0                      0

Retained loss for the period                         (107,178)              (124,290)               (95,437)

Earnings per share                                     (0.78)p                (0.90)p                (0.69)p
Basic and diluted

Dividend per share                                           0                      0                      0

                          CALDWELL INVESTMENTS P.L.C.

                 RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2002

Consolidated Balance Sheet

                                                     Unaudited              Unaudited                Audited

                                                       30 June                30 June            31 December

                                                          2002                   2001                   2001
                                                             £                      £                      £
Fixed assets
Intangible fixed assets                                293,656                320,844                309,011
Tangible fixed assets                                  285,529                299,945                306,542
                                                       579,185                620,789                615,553

Current assets
Stocks                                               2,188,516              2,169,197              1,513,266
Debtors                                                981,179              1,055,284              1,375,164
Cash at bank and in hand                               238,265                318,113                316,248
                                                     3,407,960              3,542,594              3,204,678

Creditors: due within one Year                     (2,282,035)            (2,320,113)            (1,920,754)

Net current assets                                   1,125,925              1,222,481              1,283,924

Total assets less current liabilities                1,705,110              1,843,270              1,899,477

Creditors: due after one year                                0              (120,000)              (120,000)

Provisions for Liabilities and charges                 (9,574)               (14,198)                (9,574)

Net assets                                           1,695,536              1,709,072              1,769,903

Capital and reserves
Called up share capital                              1,378,750              1,378,750              1,378,750
Share premium account                                1,239,255              1,620,302              1,239,255
Capital redemption reserve                              27,000                 27,000                 27,000
Profit and loss account                              (949,469)            (1,316,980)              (875,102)
Equity shareholders' funds                           1,695,536              1,709,072              1,769,903

                          CALDWELL INVESTMENTS P.L.C.

                 RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2002

Consolidated Cash Flow Statement

                                                       Unaudited              Unaudited              Audited

                                                        6 months               6 months           Year ended

                                                           ended                  ended          31 December

                                                    30 June 2002           30 June 2001                 2001
                                                               £                      £                    £

Net cash (outflow)/inflow from operating
activities                                             (396,285)              (248,972)              371,418

Returns on investments and servicing of
Interest received                                          2,425                  2,589                5,746
Interest paid                                           (31,398)               (52,984)            (123,053)
                                                        (28,973)               (50,395)            (117,307)

Tax paid                                                 (8,100)                      0             (24,237)

Capital expenditure and financial
Purchase of intangible fixed assets                      (5,006)                      0              (8,542)
Purchase of tangible fixed assets                        (9,712)                (4,579)             (41,748)
Sale of tangible fixed assets                                  0                      0                    2
                                                        (14,718)                (4,579)             (50,288)

Net cash (outflow)/inflow before                       (448,076)              (303,946)              179,586

Repayment of loans                                      (60,000)              (120,000)            (120,000)
Capital element of finance lease payments                      0                (3,165)              (3,166)
                                                        (60,000)              (123,165)            (123,166)

(Decrease)/Increase in cash in the period              (508,076)              (427,111)               56,420



Notes to the Interim Report

1.     The accounts for the six months ended 30 June 2002 and 30 June 2001 are
unaudited but have been prepared on the basis of accounting policies consistent
with those set out in the audited accounts for the year ended 31 December 2001.
Those accounts were audited, carried an unqualified Auditors Report and have
been filed with the Registrar of Companies. The information set out in this
interim report does not constitute statutory accounts within the meaning of the
Companies Act.

2.     The calculation of basic and diluted earnings per shared is based on the
loss for the period of £107,178 (2001: £124,290) and a weighted average number
of ordinary shares of 13,787,500 (2001: 13,787,500).

3.     Reconciliation of operating loss to operating cash flows

                                                  Unaudited           Unaudited                Audited

                                                   6 months            6 months             Year ended

                                                      ended               ended            31 December

                                               30 June 2002        30 June 2001                   2001
                                                          £                   £                      £

Operating (loss)/profit                            (70,105)            (57,988)                 51,741
Depreciation                                         30,725              28,462                 59,032
Amortisation of goodwill and Intangible
fixed assets                                         20,361              23,798                 44,173
(Increase)/decrease in stocks                     (675,250)           (366,521)                289,410
Decrease/(Increase) in debtors                      393,985           (109,753)              (429,633)
(Decrease)/Increase in creditors                   (96,001)             233,030                361,319
Decrease in provisions                                    0                   0                (4,624)

Net cash outflow from operating
activities                                        (396,285)           (248,972)                371,418

4.     No interim dividend will be paid.

        5.     Copies of these interim results are being despatched to
        shareholders. Further copies can be obtained from: The Company
        Secretary. Caldwell Investments P.L.C., 647, Roundhay Road, Leeds. LS8

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                                                                  

a d v e r t i s e m e n t