Company Identification Details
|
Subject Reported on
|
PUROLITE INTERNATIONAL LIMITED
|
|
Registration Number
|
01840987
|
|
VAT Number
|
GB666650802
|
|
Address
|
UNIT D, LLANTRISANT BUSINESS PK, LLANTRISANT PONTYCLUN, MID
GLAMORGAN, CF72 8LF.
|
|
Telephone
|
01443 229334
|
|
Facsimile
|
01443 222336
|
|
Web Address
|
www.purolite.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 1,125,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01840987
|
|
VAT Number
|
GB666650802
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
15/08/1984
|
|
Registered Office
|
UNIT D, LLANTRISANT BUSINESS PARK, LLANTRISANT, RHONDDA CYNON TAFF,
CF72 8LF.
|
|
History
|
30/03/2007 : The
Registered Office address changed from COWBRIDGE ROAD, PONTYCLUN, MID
GLAMORGAN, WAL.
|
|
|
13/07/1999 : The
Registered Office address changed from COWBRIDGE ROAD, PONTYCLUN, MID
GLAMORGAN, WAL.
|
|
|
15/12/1984 : Change
of name from WISEBLEND LIMITED.
|
|
Date of Last
Annual Return to Registry
|
10/07/2011
|
|
Registered
Objectives
|
TO CARRY ON BUSINESS AS CHEMICAL AND GENERAL ENGINEERS
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2010
|
|
Accounting
Reference Date
|
31/12
|
Operations
|
Activities
|
The marketing, distribution, sale and export of ion exchange resins.
|
|
Nace Code
|
5155
|
|
Premises
|
Owned,Offices,Factory,Warehouse
|
|
Staff Employed
|
71
|
|
Import Countries
|
GERMANY, USA, ROMANIA
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
HSBC BANK PLC
|
|
Address
|
HEAD OFFICE EC2.
|
|
Sort Code
|
400000
|
|
Auditors
|
Grant Thornton UK LLP
|
|
Branches
|
SEVERAL BRANCHES
INTERNATIONALLY.
|
|
Associated Companies
|
PUROLITE INC
(PHILADELPHIA), a company incorporated in USA
|
|
Subsidiaries
|
PUROLITE GLOBAL
SALES LIMITED
|
|
|
PUROLITE RH LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
06/08/2011
|
1,125,000
|
|
06/05/2011
|
363,000
|
|
06/02/2011
|
827,000
|
|
06/11/2010
|
835,000
|
|
06/08/2010
|
845,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
1
|
1
|
3
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
04/08/2011
|
Other financial intermediation not elsewhere classified
|
|
13/12/2010
|
Other credit granting
|
|
15/11/2010
|
Manufacture of other general purpose machinery not elsewhere
classified
|
|
12/12/2007
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish
Decrees are recorded in our file.
|
Summary of
Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
57
|
|
Number Outstanding
|
6
|
|
Number Partially Satisfied
|
1
|
|
Number Satisfied
|
50
|
|
|
|
|
Date of Latest Mortgage Created
|
01/09/2009
|
|
Date of Latest Partial Satisfaction
|
18/12/2008
|
|
Date of Latest Satisfaction
|
08/09/2009
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
12/09/2009
|
01/09/2009
|
Composite Debenture
|
395
|
Wilmington Trust Company (The "Security Trustee")
|
|
|
12/09/2009
|
28/08/2009
|
Share Pledge Agreement
|
395
|
Wilmington Trust Company (The Security Trustee)
|
|
|
12/09/2009
|
01/09/2009
|
Pledge Agreement Over Shares
|
395
|
Wilmington Trust Company (The Security Trustee)
|
|
|
26/06/2009
|
18/06/2009
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
|
26/06/2009
|
18/06/2009
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
|
26/06/2009
|
18/06/2009
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
|
16/10/2008
|
08/10/2008
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
08/09/2009
|
15/02/2006
|
06/02/2006
|
Deed Of Charge Over Credit Balances
|
395
|
Barclays Bank Plc
|
|
08/09/2009
|
28/06/2005
|
31/05/2005
|
Real Moveable Security Agreement Over Inventory Executed Outside....
|
395
|
Gmac Commercial Finance Plc
|
|
08/09/2009
|
08/06/2005
|
31/05/2005
|
Composite Debenture
|
395
|
Wilmington Trust Company,As Collateral Agent
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
04/09/2009
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
04/12/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
14/06/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
25/09/2003
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
26/03/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
24/07/1992
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
09/11/1991
|
Companies House Gazette
|
Resolutions or agreements to which section 380 applies (relating to
shares rights or names)
|
|
02/10/1991
|
Companies House Gazette
|
Rights of shares
|
|
01/10/1991
|
Companies House Gazette
|
"Resolutions which give vary
|
|
01/10/1991
|
Companies House Gazette
|
Notification (given under section 122) of the redemption of shares
|
|
01/10/1991
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
16/12/1987
|
Companies House Gazette
|
Documents delivered by a company under section 241 (annual accounts)
|
|
27/08/1986
|
Companies House Gazette
|
"Resolutions which give vary
|
|
27/08/1986
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
21/06/1986
|
Companies House Gazette
|
Change in the situation of a company's registered office
|
|
11/04/1985
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MR DONALD BENJAMIN BRODIE
|
|
Service Address
|
215 CURWEN ROAD, VILLA NOVA, PENNSYLVANIA.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
19/03/1946
|
|
Appointment Date
|
18/07/1991
|
|
Other Directorships
|
BRO-TECH LIMITED, PUROLITE RH LIMITED, PUROLITE GLOBAL
SALES LIMITED
|
|
Secretary
|
ADRIAN JOHN WOOKEY
|
|
Service Address
|
COLTSHILL 92 NEWTON ROAD, NEWTON, SWANSEA, SA3 4SL.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
16/05/1948
|
|
Appointment Date
|
17/07/1992
|
Directors
|
Director
|
MR DONALD BENJAMIN BRODIE
|
|
Service Address
|
215 CURWEN ROAD, VILLA NOVA, PENNSYLVANIA.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
19/03/1946
|
|
Appointment Date
|
18/07/1991
|
|
Other Directorships
|
BRO-TECH LIMITED, PUROLITE RH LIMITED, PUROLITE GLOBAL
SALES LIMITED
|
|
Director
|
MONSIEUR EDGAR BERREBY
|
|
Service Address
|
62 RUE LA BOETIE, PARIS 75008.
|
|
Country of Origin
|
FRANCE
|
|
Date of Birth
|
03/03/1943
|
|
Appointment Date
|
18/07/1991
|
|
Chairman
|
STEFAN ELISHA BRODIE
|
|
Service Address
|
210 W. RITTENHOUSE SQUARE, PENNSYLVANIA, PA 1 131.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
01/04/1942
|
|
Appointment Date
|
18/07/1991
|
|
Other Directorships
|
BRO-TECH LIMITED, PUROLITE RH LIMITED, PUROLITE GLOBAL
SALES LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
1,450,000
|
|
Principal Shareholder
|
1,450,000 Bro-Tech Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
BRO-TECH LIMITED
|
|
Ultimate Parent
|
PUROLITE INTERNATIONAL AG, a company incorporated
in SWITZERLAND
|
Financial Data– Statutory
Accounts
Profit and Loss
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
65190
|
62393
|
59734
|
44599
|
|
Cost of goods sold
|
50502
|
48038
|
40782
|
35568
|
|
GROSS PROFIT
|
14688
|
14355
|
18952
|
9031
|
|
Wages and Salaries
|
2356
|
2154
|
2007
|
1911
|
|
Directors Emoluments
|
71
|
71
|
64
|
138
|
|
Auditors Fees
|
17
|
17
|
17
|
18
|
|
Non-Audit Fees
|
132
|
138
|
143
|
163
|
|
Trading Profit
|
2931
|
460
|
8806
|
606
|
|
Depreciation
|
345
|
347
|
401
|
216
|
|
OPERATING PROFIT
|
2586
|
113
|
8405
|
390
|
|
Non Trading Income
|
2309
|
2198
|
396
|
244
|
|
Interest Payable
|
4586
|
2851
|
6990
|
2183
|
|
PRE TAX PROFIT
|
309
|
(540)
|
1811
|
(1549)
|
|
Taxation
|
5
|
(84)
|
269
|
(228)
|
|
PROFIT AFTER TAX
|
304
|
(456)
|
1542
|
(1321)
|
|
RETAINED PROFITS
|
304
|
(456)
|
1542
|
(1321)
|
Balance Sheet
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
15210
|
15462
|
15481
|
15786
|
|
Tangible Assets
|
15210
|
15462
|
15481
|
15786
|
|
Fixed Assets
|
697
|
817
|
1061
|
1302
|
|
Intermediate assets
|
14513
|
14645
|
14420
|
14484
|
|
TOTAL CURRENT ASSETS
|
83056
|
76091
|
41307
|
33259
|
|
Trade debtors
|
6853
|
7039
|
5663
|
4570
|
|
Stocks
|
5933
|
5475
|
5609
|
4763
|
|
Other Current Assets
|
70270
|
63577
|
30035
|
23926
|
|
Misc Current Assets
|
2649
|
2558
|
196
|
82
|
|
Due From Group
|
55070
|
51589
|
29763
|
23755
|
|
Cash
|
12551
|
9430
|
76
|
89
|
|
TOTAL ASSETS
|
98266
|
91553
|
56788
|
49045
|
|
TOTAL CURRENT LIABILITIES
|
22593
|
7843
|
21249
|
19041
|
|
Trade creditors
|
561
|
462
|
938
|
744
|
|
Short Term Loans
|
20412
|
6920
|
19378
|
17515
|
|
Bank Overdraft
|
4151
|
|
348
|
378
|
|
Other Finance
|
14
|
16
|
14
|
15
|
|
Due To Group
|
16247
|
6904
|
19016
|
17122
|
|
Other Liabilities
|
1620
|
461
|
933
|
782
|
|
WORKING CAPITAL
|
60463
|
68248
|
20058
|
14218
|
|
TOTAL LONG TERM LIABS
|
63637
|
71791
|
22815
|
17856
|
|
Long Term Loans
|
62029
|
70116
|
21384
|
17178
|
|
Bank Loans
|
62029
|
70104
|
21357
|
17137
|
|
Other Finance
|
|
12
|
27
|
41
|
|
Other Liabilities
|
1608
|
1675
|
1431
|
678
|
|
NET ASSETS/(LIABILITIES)
|
12036
|
11919
|
12724
|
12148
|
|
SHARE CAPITAL + RESERVES
|
12036
|
11919
|
12724
|
12148
|
|
Share Cap + Sundry Res
|
1668
|
1788
|
1908
|
2028
|
|
Issued Share Capital
|
1450
|
1450
|
1450
|
1450
|
|
Sundry Reserves
|
218
|
338
|
458
|
578
|
|
Profit and Loss account
|
10368
|
10131
|
10816
|
10120
|
|
SHAREHOLDERS FUNDS
|
12036
|
11919
|
12724
|
12148
|
|
CAPITAL EMPLOYED
|
75673
|
83710
|
35539
|
30004
|
Financial Comparison
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
71
|
71
|
64
|
138
|
|
Auditors Remuneration
|
17
|
17
|
17
|
18
|
|
Liquid Assets
|
19404
|
16469
|
5739
|
4659
|
|
Net Working Capital
|
60463
|
68248
|
20058
|
14218
|
|
Long Term Debt(>12 Months)
|
62029
|
70116
|
21384
|
17178
|
|
Other Deferred Liabs
|
1608
|
1675
|
1431
|
678
|
|
Tangible Net Worth(T.N.W)
|
12036
|
11919
|
12724
|
12148
|
|
Equity
|
12036
|
11919
|
12724
|
12148
|
|
Number of Years Trading
|
26
|
25
|
24
|
23
|
|
Number of Employees
|
71
|
66
|
71
|
67
|
|
Profit per Employee
|
4352.1
|
(8181.8)
|
25507
|
(23119.4)
|
|
Sales per Employee
|
918169
|
945348.5
|
841323.9
|
665656.7
|
Key Credit Ratios
The following
figures are shown as Ratios or Percentages
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Current Ratio
|
3.7
|
9.7
|
1.9
|
1.7
|
|
Long Term Debt/T.N.W
|
5.2
|
5.9
|
1.7
|
1.4
|
|
Pre Tax Profit Margin%
|
0.5
|
(0.9)
|
3
|
(3.5)
|
|
Gross Profit%
|
22.5
|
23
|
31.7
|
20.2
|
|
Debtors Days (D.S.O)
|
38
|
41
|
35
|
37
|
|
Creditors Days (D.P.O)
|
3
|
3
|
6
|
6
|
|
Quick Ratio
|
3.4
|
9
|
1.7
|
1.5
|
|
W.I.P/Inventory Days
|
42.9
|
41.6
|
50.2
|
48.9
|
|
Return on Investment%
|
5.1
|
2.5
|
16
|
1.3
|
|
Return on Assets%
|
0.3
|
(0.6)
|
3.2
|
(3.2)
|
|
T.N.W/Total Assets%
|
12.2
|
13
|
22.4
|
24.8
|
|
Return on Capital%
|
0.4
|
(0.6)
|
5.1
|
(5.2)
|
|
Rtn on Shareholders Funds%
|
2.6
|
(4.5)
|
14.2
|
(12.8)
|
|
Working Capital/Sales%
|
92.7
|
109.4
|
33.6
|
31.9
|
|
Borrowing Ratio%
|
685
|
646.3
|
320.4
|
285.6
|
|
Equity Gearing%
|
14
|
15
|
28.9
|
32.9
|
|
Stock Turnover
|
11
|
11.4
|
10.6
|
9.4
|
|
Days Purchases Outstanding
|
4.1
|
3.5
|
8.4
|
7.6
|
|
Sales/Fixed Assets
|
93.5
|
76.4
|
56.3
|
34.3
|
|
Debt Gearing
|
515.4
|
588.3
|
168.1
|
141.4
|
Key
Industry Sector Trends
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
208
|
4819
|
6361
|
6480
|
|
Pre-Tax Profit Margin
|
6
|
3.5
|
2.5
|
3.6
|
|
Current Ratio
|
1.7
|
1.6
|
1.7
|
1.5
|
|
Borrowing Ratio
|
94.3
|
95.6
|
94.1
|
104.6
|
|
Return on Capital
|
31.3
|
21.8
|
19.8
|
25.6
|
|
Creditors Days
|
39
|
57
|
51
|
50
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/12/2010.
Turnover
The subjects turnover has increased by 4 % in the year.
Operating Profit
Totalled GBP 2,586,000. In the year prior a Profit of GBP
113,000 was achieved.
Pre Tax Profit
The subject made a profit of GBP 309,000 in the period
compared with a loss in the previous period of GBP 540,000.
Working Capital
The subject's working capital decreased by 11 % in the
period but remains positive.
Net Worth
Net worth has increased by 1 % and now stands at GBP
12,036,000.
Fixed Assets
The subject's fixed assets reduced during the year by GBP
252,000 to GBP 15,210,000 and are now 15 % of total assets compared with 16 %
in the previous year.
Long Term Liabilities
The company's long term liabilities reduced during the
period by 11 % and are now 529 % of net worth compared with 602 % in the
previous period.
Long Term Liabilities
Long term liabilities are now 65 % of total liabilities
compared with 78 % in the previous period.
Long Term Liabilities
Long term liabilities are 84 % of capital employed, a
decrease of 2 % over the previous period.
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