MIRA
INFORM REPORT
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Report Date : |
13.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
GOLDCROP LIMITED |
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Registered Office : |
Springhill, Carrigtwohill, Co Cork |
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Country : |
United Kingdom |
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Financials (as on) : |
30.06.2000 |
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Date of Incorporation : |
13/03/1996 |
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Com. Reg. No.: |
IE246082 |
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Legal Form : |
Private Limited Liability Company (IE) |
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Line of Business : |
Subject is registered to operate as miscellaneous business
services. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
GOLDCROP LIMITED |
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Holding Company |
GOLDCROP HOLDINGS LTD |
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Ultimate Holding Company |
GOLDCROP HOLDINGS LIMITED |
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Trading Address |
CENTRE PARK ROAD,CORK, |
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Telephone |
021 431 2211 |
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Risk Score |
Accounts which should have been filed are late |
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Please be advised that according to section 17 of the Companies Act 1986, this company is not obliged to file their accounts at the Irish Registry. The parent company will file the accounts on behalf of this business. |
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Credit Limit |
euro 0 |
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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 |
euro 0 |
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Buying from this company? The Contract Limit is the
recommended aggregate annual value for supply contracts. |
Significant Event
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Please be advised that according to section 17 of the Companies Act 1986, this company is not obliged to file their accounts at the Irish Registry. The parent company will file the accounts on behalf of this business. Subject's parent company is Goldcrop Holdings Ltd. |
Official Company Data
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Legal Form |
Private Limited Liability Company (IE) |
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Registration Number |
IE246082 |
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Date of Incorporation |
13/03/1996 |
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Registered Office |
SPRINGHILL, CARRIGTWOHILL, CO CORK |
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Activities |
Subject is registered to operate as miscellaneous business
services. |
Recently Filed Documents
Details of the most recent documents
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Date Received |
Description |
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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 |
CARRAGANES , MONKSTOWN , COUNTY CORK.
, |
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Date of Birth |
01/08/1934 |
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Appointment Date |
24/05/1996 |
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Other Appointments |
GOLDCROP HOLDINGS LIMITED, WICKLOW GARDEN PRODUCTS
LIMITED, GOLDCROP LIMITED, GOLDCROP PROPERTIES LIMITED, CENTRE PARK
INVESTMENT HOLDING COMPANY LIMITED, BOHLEN COMPANY |
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DIRECTOR |
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Occupation |
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Address |
9, MONFIELDSTON, ROCHESTOWN CORK., |
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Date of Birth |
22/06/1963 |
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Appointment Date |
01/09/2004 |
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Other Appointments |
GOLDCROP LIMITED, CENTRE PARK PROPERTIES
LIMITED, BOHLEN COMPANY, GROUNDFORCE LIMITED |
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SECRETARY |
MICHAEL O'BRIEN |
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Address |
52 THE DRIVE BROADALE, DOUGLAS , CORK |
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Country of Origin |
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Appointment Date |
17/02/2006 |
Recently Resigned Directors (last
3)
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DIRECTOR |
FINBARR MURPHY |
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Address |
, 'AISLING , MODEL FARM ROAD , CORK.
, - - |
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Date of Birth |
04/11/1945 |
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Resignation Date |
01/09/2004 |
Share Summary
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Share information is not held for this company. |
Mortgages and Charges
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Total Registered |
2 |
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Total Outstanding |
2 |
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Total Satisfied |
0 |
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Date Registered |
03/09/2004 |
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Satisfied? |
No |
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Date Registered |
23/12/1996 |
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Date Created |
13/12/1996 |
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Satisfied? |
No |
Public Record Information
Summary of CCJ's/Scottish Decrees
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There are no unsatisfied CCJs against the company. |
Operations
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Activities |
Subject is registered to operate as miscellaneous business
services. |
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Sic Code |
Description |
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7484 |
Other business activities not elsewhere classified |
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Staff Employed |
66 |
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Bankers |
Allied Irish Banks PLC |
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Sort Codes |
934178 |
Financial Data
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The following figures are shown in units of 000 |
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Profit and Loss |
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Number of Weeks |
52 |
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Accounts Date |
30/06/2000 |
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Currency |
euro |
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Consolidated? |
Yes |
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SALES |
19,611 |
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Other operating income |
416 |
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Cost of goods sold |
14,914 |
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GROSS PROFIT |
4,697 |
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Other Expenses |
1,113 |
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General administration costs (-) |
2,945 |
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Wages and Salaries |
1,932 |
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Depreciation |
249 |
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Net Operating Profit(Loss) |
1,055 |
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Non Trading Income |
0 |
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Other financial income |
19 |
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Total Non Trading Income |
19 |
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Interest expenses & similar (-) |
105 |
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Financial Expenses |
105 |
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PRE TAX PROFIT |
969 |
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Other Taxation |
-116 |
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Taxation |
199 |
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PROFIT AFTER TAX |
886 |
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Net Profit |
886 |
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Dividends Payable |
213 |
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RETAINED PROFITS |
673 |
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Balance Sheet |
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Number of Weeks |
52 |
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Accounts Date |
30/06/2000 |
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Currency |
euro |
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Consolidated? |
Yes |
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TOTAL FIXED ASSETS |
6,307 |
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Land & buildings |
3,520 |
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Plant, machinery & equipment |
643 |
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Intermediate Assets |
2,132 |
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Intangible Assets |
12 |
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TOTAL CURRENT ASSETS |
12,398 |
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Stocks |
2,476 |
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Trade Debtors |
7,053 |
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Prepaid expenses |
705 |
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Cash |
2,112 |
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Tax Recoverable |
51 |
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TOTAL ASSETS |
18,704 |
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TOTAL CURRENT LIABILITIES |
9,050 |
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Trade Creditors |
8,948 |
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Bank Overdraft |
0 |
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Other Current Liabilities |
91 |
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Proposed Dividend |
11 |
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WORKING CAPITAL |
3,348 |
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TOTAL LONG TERM LIABS |
449 |
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Minority Interest |
0 |
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Taxation |
132 |
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Mortgages and loans |
317 |
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NET ASSETS/(LIABILITIES) |
9,655 |
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SHARE CAPITAL + RESERVES |
9,204 |
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Issued Share Capital |
1,541 |
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Share Premium Accounts |
4 |
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Reserves |
2,515 |
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Profit and Loss account |
5,144 |
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SHAREHOLDERS FUNDS |
9,204 |
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CAPITAL EMPLOYED |
9,653 |
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TANGIBLE NET WORTH |
9,193 |
Key Credit Ratios
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Accounts Date |
30/06/2000 |
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Current Ratio |
1.37 |
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Profit Before Tax |
0.05 |
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Creditors Days (D.P.O) |
218.99 |
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Quick Ratio |
1.10 |
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Return on Assets |
5.85 |
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T.N.W/Total Assets |
0.49 |
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Return on Capital |
10.04 |
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Working Capital/Sales |
0.00 |
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Equity Gearing |
0.70 |
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Stock Turnover |
0.00 |
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Solvency (%) |
103.33 |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)