MIRA
INFORM REPORT
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Report Date : |
24.10.2008 |
IDENTIFICATION DETAILS
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Name : |
NUCLEUS SUPPLY
CHAINS LIMITED |
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Registered Office : |
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Country : |
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Date of Incorporation : |
29.03.2007 |
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Com. Reg. No.: |
GREV1874 |
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Legal Form : |
Limited Company |
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Line of Business : |
Suppliers of Chain Logistics |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Identification Details
Subject Reported on NUCLEUS SUPPLY
CHAINS LIMITED
Business Number GREV1874
Address
Telephone 01624 614 505
Credit Risk Assessment
All figures enter are in GBP.
Cash transactions are advised
XSeption Summary
Number of XSeptions 0
Note : An 'XSeption' is only recorded when
unusual patterns of behaviour or financial results have been identified.
Payment Behaviour
( No Payment Analysis Data is Available )
Business Data
Business Type See Report
Business Number GREV1874
Subject Status Trading
Known Since 29/03/2007
Date of Last Annual Return to Registry 29/03/2008
Operations
Activities
Suppliers
of chain logistics.
Nace Code 6330
Public Record Information
Summary of CCJ's/Scottish Decrees
No
CCJs/Scottish Decrees are recorded in our file.
Company Secretary
Secretary ONYX SECRETARIES
LIMITED
Known Owners/Managers
Accountant MR FRANK
DANIEL HAWKINSN
Accountant MR JOHN
JOSEPH PLASTOW
Share Capital
Shares Ordinary 1.00 GBP
Each
Issued Number 100
Nominal Number 2,000
Principal Shareholder 100 Lingfield
Limited, a company incorporated in ISLE OF MAN
The above reflects the principle
shareholder(s) by number of shares held, irrespective of share classification
type.
General Information
The subject is a ISLE OF MAN registered Limited Company (Reg 119361C) and
therefore do not file annual accounts / annual returns at Companies House. The
subjects registered office address is: PO BOX 555,
Analysts Comment
Upon direct contact with the subject Mr Frank Daniel Hawkine
(accountant) all-operational informationwas declined as the subject informed us
that they would not disclose business information over the telephone. If you
are able to provided telephone number, trading address and policyholders name
we will continue with this enquiry. A letter of enquiry was sent and if further
information becomes available this report will be supplemented.
Financial Data
The organisation is not legally obliged to make available financial information for public inspection.
Key Industry Sector Trends
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Year |
2008 |
2007 |
2006 |
2005 |
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Sample Size |
612 |
4444 |
4882 |
4752 |
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Pre-Tax Profit Margin |
5.6 |
2.5 |
1.9 |
1.8 |
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Current Ratio |
1.5 |
1.4 |
1.4 |
1.4 |
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Borrowing Ratio |
47.9 |
46.9 |
25.9 |
28 |
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Return on Capital |
41.8 |
33.7 |
28.2 |
34 |
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Creditors Days |
108 |
106 |
119 |
108 |
Above figures relate to companies in 2003
Standard Industry Classification (Nace) sector : Activities of travel agencies and
tour operators; tourist assistance activities not elsewhere
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.95 |
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1 |
Rs.79.56 |
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Euro |
1 |
Rs.63.65 |
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%)