MIRA
INFORM REPORT
|
Report Date : |
31st
May 2006 |
IDENTIFICATION
DETAILS
|
Name : |
GRANDISSIME
LIMITED |
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Registered Office : |
53
SHELBOURNE ROAD, BALLSBRIDGE, DUBLIN, CO. DUBLIN. |
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Country : |
Ireland |
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Financials (as on) : |
31/03/2005 |
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Date of Incorporation : |
26/03/2002 |
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Com. Reg. No.: |
IE354994 |
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Legal Form : |
Private
Limited with share capital |
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Line of Business : |
Engaged
in the importation and wholesale distribution of wines and other alcoholic
beverages |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
Company Identification Details
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Subject
Reported on |
GRANDISSIME
LIMITED |
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Trading
Address |
53
SHELBOURNE ROAD, BALLSBRIDGE, DUBLIN 4 |
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Telephone |
01-6604068 |
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Risk
Score |
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Average
Risk - This company has an average risk status and should be treated with a
degree of caution |
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Credit
Limit |
EUR
2,800 |
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Selling
to this company? The Credit Limit is the recommended maximum outstanding
debtor exposure at any one time. |
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Contract
Limit |
EUR
18,900 |
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Buying
from this company? The Contract Limit is the recommended aggregate annual
value for supply contracts. |
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Official Company Data
|
|
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|
Legal
Form |
Private
Limited with share capital |
|
Registration
Number |
IE354994 |
|
Date
of Incorporation |
26/03/2002 |
|
Registered
Office |
53
SHELBOURNE ROAD, BALLSBRIDGE, DUBLIN, CO. DUBLIN. . |
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Date
of Last Annual Return to Registry |
31/12/2005 |
|
Activities |
The
subject appears to be engaged in the importation and wholesale distribution
of wines and other alcoholic beverages. Business is conducted from a premises
at the heading which is shared with Chapeau Wines Limited. - - |
|
Accounts |
The
last filed accounts cover the period to 31/03/2005 and were presented to
Companies House on |
Recently Filed
Documents
Details of the
most recent documents
|
Date Received |
Description |
|
It should be noted that there is no legal
requirement to file satisfaction details of mortgages/charges at Companies
House. |
Known Directors
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DIRECTOR |
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Occupation |
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Address |
12 LETCHWORTH CENTRE AVENUE , WESTERN
AUSTRALIA , 6152 , |
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Date of Birth |
27/11/1950 |
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Appointment Date |
26/03/2002 |
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DIRECTOR |
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Occupation |
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Address |
CHATEAU LAFITTE , 33370 ART/BORDEAUX
, FRANCE , |
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Date of Birth |
27/09/1965 |
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Appointment Date |
26/03/2002 |
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DIRECTOR |
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Occupation |
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Address |
53 SHELBOURNE ROAD , DUBLIN 4 , |
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Date of Birth |
14/06/1956 |
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Appointment Date |
26/03/2002 |
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SECRETARY
|
PETER
DARROLL JEFFREE |
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|
Address |
, 12 LETCHWORTH CENTRE AVENUE , WESTERN
AUSTRALIA , 6152 , |
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Date of Birth |
27/11/1950 |
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Appointment Date |
26/03/2002 |
Recently Resigned Directors (last
3)
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None |
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Share Summary
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Share
information is not held for this company. |
Mortgages and Charges
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There
are no mortgages |
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Public Record Information
Summary of CCJ's/Scottish Decrees
|
There
are no unsatisfied CCJs against the company. |
Operations
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Activities |
The
subject appears to be engaged in the importation and wholesale distribution
of wines and other alcoholic beverages. Business is conducted from a premises
at the heading which is shared with Chapeau Wines Limited. - - |
|
Sic
Code |
Description |
|
5134 |
Wholesale
of alcoholic and other beverages |
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Bankers |
- |
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Sort
Codes |
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Financial Data
|
Profit
and Loss |
|
The
following figures are shown in units of EUR '000 |
|
Number
of Weeks |
52 |
52 |
52 |
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Accounts
Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Currency |
EUR '000
|
EUR '000
|
EUR '000
|
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Consolidated? |
No |
No |
No |
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Balance
Sheet |
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|
The
following figures are shown in units of EUR '000 |
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Number
of Weeks |
52 |
52 |
52 |
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Accounts
Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
|
Currency |
EUR '000
|
EUR '000
|
EUR '000
|
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Consolidated? |
No |
No |
No |
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TOTAL
CURRENT ASSETS |
200 |
104 |
80 |
|
Total
Debtors |
138 |
54 |
69 |
|
Other
Debtors |
138 |
54 |
69 |
|
Stocks/WIP |
59 |
48 |
8 |
|
Stocks |
59 |
48 |
8 |
|
Cash |
2 |
3 |
2 |
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TOTAL
ASSETS |
200 |
104 |
80 |
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TOTAL
CURRENT LIABILITIES |
157 |
99 |
110 |
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Corporation
Tax |
6 |
1 |
- |
|
Other
Current Liabilities |
151 |
98 |
110 |
|
WORKING
CAPITAL |
43 |
5 |
-30 |
|
NET
ASSETS/(LIABILITIES) |
43 |
5 |
-30 |
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SHARE
CAPITAL + RESERVES |
43 |
5 |
-30 |
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Issued
Share Capital |
0 |
0 |
0 |
|
Profit
and Loss account |
42 |
5 |
-31 |
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SHAREHOLDERS
FUNDS |
43 |
5 |
-30 |
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CAPITAL
EMPLOYED |
43 |
5 |
-30 |
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Key
Credit Ratios |
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Accounts
Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
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Current
Ratio |
1.27 |
1.06 |
0.72 |
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Long
Term Debt/T.N.W (%) |
0.00 |
0.00 |
0.00 |
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Profit
Before Tax |
0.00 |
0.00 |
0.00 |
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Debtors
Days (D.S.O) |
0.00 |
0.00 |
0.00 |
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Quick
Ratio |
0.00 |
0.00 |
0.00 |
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Return
on Assets |
0.00 |
0.00 |
0.00 |
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T.N.W/Total
Assets |
2.53 |
11.97 |
-314.69 |
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Return
on Capital |
0.00 |
0.00 |
0.00 |
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Rtn
on Shareholders Funds |
0.00 |
0.00 |
0.00 |
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Working
Capital/Sales |
0.00 |
0.00 |
0.00 |
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Borrowing
Ratio |
3.70 |
17.94 |
0.00 |
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Equity
Gearing |
0.27 |
0.06 |
0.00 |
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Stock
Turnover |
0.00 |
0.00 |
0.00 |
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Financial
Comparison |
|
The
following figures are shown in units of EUR '000 |
|
Number
of Weeks |
52 |
52 |
52 |
|
Accounts
Date |
31/03/2005 |
31/03/2004 |
31/03/2003 |
|
Currency |
EUR '000
|
EUR '000
|
EUR '000
|
|
Tangible
Net Worth(T.N.W) |
43 |
5 |
-30 |
|
Equity |
43 |
5 |
-30 |
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Financial
Summary |
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Working
Capital |
The
company's working capital improved in the period by 673% |
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Tangible
Net Worth |
Net
worth increased by 37,024 during the period and now stands at EUR 42,522 |
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Long
Term Liabilities |
Long
term liabilities are now 0% of total assets compared with 0% in the previous
period |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |