October 21, 2014 11:38 PM ET

Company Overview of MWUK Holding Company Limited

Company Overview

MWUK Holding Company Limited operates as a subsidiary of Moores The Suit People, Inc.

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Channel Islands

Key Executives for MWUK Holding Company Limited

Secretary
Age: 67
Compensation as of Fiscal Year 2014.

MWUK Holding Company Limited Key Developments

Mwuk Holding Company Limited Announces Audited Earnings Results for the Year Ended February 1, 2014

MWUK Holding Company Limited announced audited earnings results for the year ended February 1, 2014. The company reported other income was £121,000 against £95,000 a year ago. Operating loss was £1,000 against operating profit of £102,000 a year ago. Profit before taxation was £4,603,000 against loss of £2,626,000 a year ago. Profit for the period was £4,604,000 against loss of £2,626,000 a year ago. Cash used in operations was £1,000 against cash generated from operations of £104,000 a year ago.

The Men's Wearhouse, Inc., Moores The Suit People, Inc., and MWUK Holding Company Limited Enter into a Third Amended and Restated Credit Agreement

On April 12, 2013, The Men's Wearhouse, Inc., Moores The Suit People, Inc., and MWUK Holding Company Limited entered into a Third Amended and Restated Credit Agreement, with a group of banks. The Credit Agreement amends and restates the company's existing credit facility. The company intends to use the Credit Agreement for general corporate purposes. The Credit Agreement provides the company with a $300.0 million senior revolving credit facility, with possible future increases to $450 million under an expansion feature. In addition, the Credit Agreement provides for a $100 million term loan, available in a single advance during the period of 120 days after the closing date. If drawn, the term loan will be repaid over five years, with 10% payable annually in quarterly installments and the remainder due at maturity. The Credit Agreement matures on April 12, 2018. The Credit Agreement is secured by equity interests of certain of the company's subsidiaries and intercompany debt payable to the company and certain of the company's subsidiaries. Borrowings by the company are guaranteed by certain of its U.S. subsidiaries. Borrowings by MSP and MWUK are guaranteed by the company.

Mwuk Holding Company Ltd. Reports Audited Earnings Results for the 52 Weeks Ended January 28, 2012

Mwuk Holding Company Ltd. reported audited earnings results for the 52 weeks ended January 28, 2012. For the year, the company reported loss and loss before taxation of GBP 565,000 against profit and profit before taxation of GBP 186,000 of prior year. Net cash used in operations was GBP 1,468,000 against cash generated from operations of GBP 2,212,000 of prior year.

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