MIRA INFORM REPORT
|
Report Date : |
09.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
MEADE-KING,ROBINSON & CO. LTD. |
|
|
|
|
Registered Office : |
Office Suite 10, Tower Building, 22 Water Street, Liverpool, L3 1BL |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2010 |
|
|
|
|
Date of Incorporation : |
23.02.1917 |
|
|
|
|
Com. Reg. No.: |
00146176 |
|
|
|
|
Legal Form : |
Private Parent Company |
|
|
|
|
Line of Business : |
Supplier of chemical products |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
United Kingdom |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
Meade-King,Robinson & Co. Ltd.
Office Suite 10
Tower Building
22 Water Street
Liverpool, L3 1BL
United Kingdom
Tel: 01512363191
Fax: 01512364431
Web: www.mkr.co.uk
synthesis
Employees: 22
Company Type: Private Parent
Corporate Family: 2 Companies
Quoted Status: Non-quoted Company
Incorporation Date:
23-Feb-1917
Auditor: Grant Thornton UK LLP
Financials in: USD
(Millions)
Fiscal Year End:
31-Mar-2010
Reporting Currency: British
Pound Sterling
Annual Sales: 46.1
1
Net Income: 0.6
Total Assets: 13.6
Business Description
Meade-King,
Robinson & Co. Ltd. is a supplier of chemical products to customers in the
United Kingdom. The company offers a range of products, such as fatty acids,
and alcohols, glycerin, castor and tall oil to pharmaceutical, cosmetic,
beverages, automotive and utility industries. It also supplies soap bases,
paraffin, slack, microcrystalline and polythene waxes. The company offers
montan and parafflax waxes and epoxy resins. In addition, it offers lubricating
products, including automotive, industrial, marine and aviation oils, and
greases and speciality lubricating oils to its customers. (Updated by OneSource
Information Services)
Industry
Industry Chemical Manufacturing
ANZSIC 2006: 3323 - Industrial
and Agricultural Chemical Product Wholesaling
NACE 2002: 5155 - Wholesale
of chemical products
NAICS 2002: 4246 - Chemical
and Allied Products Merchant Wholesalers
UK SIC 2003: 5155 - Wholesale
of chemical products
US SIC 1987: 516 - Chemicals
and Allied Products
Key Executives
|
Name |
Title |
|
Philip Tarleton |
Managing Director |
|
Paul Rothery |
Sales Director |
|
Kashif Kifayat |
Manager-Information Technology |
|
Mark Swiney |
Purchasing Director |
|
Chris Johnson |
Manager-Technical |
Financial Summary
|
||||||||||||||||||||
Registered No.(UK): 00146176
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6277937
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6592392
Corporate Overview
Location
Office Suite 10
Tower Building
22 Water Street
Liverpool, L3 1BL
Merseyside County
United Kingdom
Tel: 01512363191
Fax: 01512364431
Web: www.mkr.co.uk
Sales GBP(mil): 29.0
Assets GBP(mil): 9.0
Employees: 22
Fiscal Year End: 31-Mar-2010
Industry: Chemical Manufacturing
Registered
Address:
Tower Building
22 Water Street
Liverpool, L3 1BL
United Kingdom
Incorporation Date: 23-Feb-1917
Company Type: Private Parent
Quoted Status: Not Quoted
Registered No.(UK): 00146176
Managing Director: Philip
Tarleton
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3323 - Industrial and Agricultural Chemical Product Wholesaling
NACE 2002 Codes:
5155 - Wholesale of chemical products
NAICS 2002 Codes:
4246 - Chemical and Allied Products Merchant Wholesalers
US SIC 1987:
516 - Chemicals and Allied Products
UK SIC 2003:
5155 - Wholesale of chemical products
Business
Description
Meade-King,
Robinson & Co. Ltd. is a supplier of chemical products to customers in the
United Kingdom. The company offers a range of products, such as fatty acids,
and alcohols, glycerin, castor and tall oil to pharmaceutical, cosmetic,
beverages, automotive and utility industries. It also supplies soap bases,
paraffin, slack, microcrystalline and polythene waxes. The company offers
montan and parafflax waxes and epoxy resins. In addition, it offers lubricating
products, including automotive, industrial, marine and aviation oils, and
greases and speciality lubricating oils to its customers. (Updated by OneSource
Information Services)
More Business
Descriptions
· Oil Companies
· Starch and Vegetable Fats and Oils Manufacturing
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
Corporate Family |
Corporate
Structure News: |
|
|
|
|
Total Corporate Family Members: 2 |
|
|
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Liverpool |
United Kingdom |
Chemical Manufacturing |
46.1 |
22 |
|
|
Subsidiary |
Liverpool |
United Kingdom |
Nonclassifiable Industries |
|
|
Executive report
|
Board of
Directors |
|
|
|
|
|||
|
Chairman |
Chairman |
|
|||
|
Director |
Director/Board Member |
|
|||
|
Director |
Director/Board Member |
|
|
Executives |
|
|
|
|
|||
|
Managing Director |
Chief Executive Officer |
|
|||
|
Management Accountant |
Accounting Executive |
|
|||
|
Director-Commercial |
Sales Executive |
|
|||
|
Sales Director |
Sales Executive |
|
|||
|
Manager-Information Technology |
Information Executive |
|
|||
|
Manager-Technical |
Engineering/Technical Executive |
|
|||
|
Manager-Logistics |
Logistics Executive |
|
|||
|
Director-Purchasing |
Purchasing Executive |
|
|||
|
Purchasing Director |
Purchasing Executive |
|
|||
|
Product Manager |
Other |
|
|||
|
Manager |
Other |
|
Directors and Shareholders Report
|
Main Office Address: |
Tel: 01512363191 |
Annual Return Date: 21 Nov 2010 |
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of
Directorships |
|
|
Current |
11 Feb 1967 |
33 Winchester Avenue, |
01 Jan 2010 |
NA |
Current:6 |
|
|
|
Current |
30 Jun 1941 |
Ashdown House, Hare Street, |
04 Dec 1991 |
NA |
Current:2 |
|
|
|
Current |
03 Jul 1965 |
Lower Barns Farm Lower Wych, |
01 Jan 2010 |
NA |
Current:4 |
|
|
|
Current |
17 Sep 1960 |
11 Lingdale Road, West Kirby, |
23 Nov 1999 |
NA |
Current:7 |
|
|
|
Current |
20 Sep 1951 |
Orchard House, Chapel Road Cockfield, |
01 Jan 2010 |
NA |
Current:6 |
|
|
|
Previous |
NA |
Ravensbourne, Burton Hall Road, |
04 Dec 1991 |
06 Apr 2009 |
Current:0 |
|
|
|
Previous |
26 Jul 1953 |
17 Elton Avenue, Blundellsands, |
04 Dec 1991 |
05 Jun 2000 |
Current:0 |
|
|
|
Previous |
27 Feb 1922 |
12 Ward Road, Blundellsands, |
04 Dec 1991 |
17 Mar 2001 |
Current:0 |
|
|
|
Previous |
28 Dec 1939 |
24 Westwood Road, |
04 Dec 1991 |
31 Dec 2009 |
Current:0 |
|
|
|
Previous |
13 Mar 1947 |
9 Pond View Close, |
NA |
12 Apr 2002 |
Current:1 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
|
|
|
There are no corporate directors for this company. |
|
|
|
Individual
Secretaries |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of
Directorships |
|
|
Current |
17 Sep 1960 |
11 Lingdale Road, West Kirby, |
01 Jul 1994 |
NA |
Current:7 |
|
|
|
Previous |
28 Aug 1934 |
19 Cooper Avenue North, |
04 Dec 1991 |
NA |
Current:0 |
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Secretaries |
|
|
|
There are no corporate secretaries for this company. |
|
|
|
Individual Shareholders |
||||||
|
|
||||||
|
Name |
Share Details |
Share Type |
# of Shares |
Share Price
(GBP) |
Share Value
(GBP) |
% of Total
Shares |
|
A J Robinson |
4394 Preference GBP 1.00 |
Preference |
4,394 |
1.00 |
4,394.00 |
4.39 |
|
Alison Marrs |
1000 Preference GBP 1.00 |
Preference |
1,000 |
1.00 |
1,000.00 |
1.00 |
|
Anthony Jones |
1721 Ordinary GBP 1.00 |
Ordinary |
1,721 |
1.00 |
1,721.00 |
1.72 |
|
Anthony Marrs |
6250 Ordinary GBP 1.00 |
Ordinary |
6,250 |
1.00 |
6,250.00 |
6.25 |
|
Anthony Marrs |
4771 Preference GBP 1.00 |
Preference |
4,771 |
1.00 |
4,771.00 |
4.77 |
|
Catriona Marshall |
3500 Preference GBP 1.00 |
Preference |
3,500 |
1.00 |
3,500.00 |
3.50 |
|
Charles Jones |
1719 Preference GBP 1.00 |
Preference |
1,719 |
1.00 |
1,719.00 |
1.72 |
|
D Tuckerman |
1197 Preference GBP 1.00 |
Preference |
1,197 |
1.00 |
1,197.00 |
1.20 |
|
Flora Myer |
2500 Preference GBP 1.00 |
Preference |
2,500 |
1.00 |
2,500.00 |
2.50 |
|
Hume Jones |
1645 Preference GBP 1.00 |
Preference |
1,645 |
1.00 |
1,645.00 |
1.65 |
|
I R Jones |
5500 Preference GBP 1.00 |
Preference |
5,500 |
1.00 |
5,500.00 |
5.50 |
|
Ian Robinson |
4394 Ordinary GBP 1.00 |
Ordinary |
4,394 |
1.00 |
4,394.00 |
4.39 |
|
James Smellie |
12768 Preference GBP 1.00 |
Preference |
12,768 |
1.00 |
12,768.00 |
12.77 |
|
James Smellie |
6250 Ordinary GBP 1.00 |
Ordinary |
6,250 |
1.00 |
6,250.00 |
6.25 |
|
Jane Huck |
9549 Preference GBP 1.00 |
Preference |
9,549 |
1.00 |
9,549.00 |
9.55 |
|
John Christmas |
7500 Preference GBP 1.00 |
Preference |
7,500 |
1.00 |
7,500.00 |
7.50 |
|
Lilias Marrs |
1000 Preference GBP 1.00 |
Preference |
1,000 |
1.00 |
1,000.00 |
1.00 |
|
Nicholas Marrs |
1000 Preference GBP 1.00 |
Preference |
1,000 |
1.00 |
1,000.00 |
1.00 |
|
Nicholas Wightwick |
1294 Preference GBP 1.00 |
Preference |
1,294 |
1.00 |
1,294.00 |
1.29 |
|
Philip Tarleton |
6250 Ordinary GBP 1.00 |
Ordinary |
6,250 |
1.00 |
6,250.00 |
6.25 |
|
The Estate Of Jennifer Wightwick |
6250 Ordinary GBP 1.00 |
Ordinary |
6,250 |
1.00 |
6,250.00 |
6.25 |
|
William Smellie |
9548 Preference GBP 1.00 |
Preference |
9,548 |
1.00 |
9,548.00 |
9.55 |
|
|
|
|
|
|
|
|
|
Corporate Shareholders |
|
|
|
There are no corporate shareholders for this company. |
|
|
Annual Profit & Loss
Financials in: USD
(mil)
Except for share
items (millions) and per share items (actual units)
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
31-Mar-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
0.560422 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
42.1 |
47.7 |
54.9 |
52.9 |
30.4 |
|
Turnover (Exports) |
4.1 |
4.8 |
3.8 |
3.4 |
2.8 |
|
Total Turnover |
46.1 |
52.5 |
58.7 |
56.3 |
33.2 |
|
Cost of Sales |
38.3 |
45.1 |
51.1 |
49.3 |
28.6 |
|
Gross Profit |
7.8 |
7.4 |
7.6 |
7.1 |
4.6 |
|
Depreciation |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Other Expenses |
6.2 |
5.7 |
6.2 |
5.5 |
3.8 |
|
Operating Profit |
- |
- |
- |
1.6 |
0.7 |
|
Other Income |
0.0 |
0.1 |
0.0 |
0.4 |
0.0 |
|
Interest Paid |
0.0 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
- |
- |
|
Profit Before Taxes |
1.6 |
1.7 |
1.4 |
1.9 |
0.7 |
|
Tax Payable / Credit |
0.5 |
0.5 |
0.4 |
0.5 |
0.1 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.6 |
0.9 |
0.1 |
0.7 |
0.0 |
|
Profit After Taxes |
0.6 |
0.4 |
0.9 |
0.7 |
0.5 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Non Audit Fees |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
Number of Employees |
22 |
21 |
21 |
20 |
18 |
|
Wages |
1.9 |
1.8 |
1.8 |
1.6 |
1.0 |
|
Social Security Costs |
0.2 |
0.2 |
0.2 |
0.2 |
0.1 |
|
Pensions |
0.1 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
0.2 |
0.1 |
0.1 |
0.1 |
0.0 |
|
Employees Remuneration |
2.3 |
2.1 |
2.1 |
1.9 |
1.1 |
|
Directors Emoluments |
0.7 |
0.6 |
0.6 |
0.6 |
0.4 |
|
Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
0.7 |
0.6 |
0.6 |
0.6 |
0.4 |
|
Highest Paid Director |
0.4 |
0.4 |
0.4 |
0.3 |
0.2 |
Annual Balance Sheet
Financials
in: USD (mil)
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
31-Mar-2006 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
0.576518 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.1 |
0.1 |
0.1 |
|
Plant & Vehicles |
0.3 |
0.3 |
0.4 |
0.3 |
0.2 |
|
Total Tangible Fixed Assets |
0.3 |
0.3 |
0.4 |
0.4 |
0.2 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
0.4 |
0.3 |
0.4 |
0.4 |
0.2 |
|
Stocks |
3.6 |
3.7 |
6.2 |
3.0 |
1.4 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
3.6 |
3.7 |
6.2 |
3.0 |
1.4 |
|
Trade Debtors |
8.7 |
5.8 |
10.9 |
9.6 |
6.9 |
|
Inter-Company Debtors |
0.4 |
- |
- |
- |
- |
|
Other Debtors |
0.4 |
0.1 |
0.1 |
0.2 |
0.1 |
|
Total Debtors |
9.5 |
5.9 |
11.0 |
9.7 |
7.0 |
|
Cash and Equivalents |
0.1 |
0.0 |
0.1 |
0.1 |
0.1 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
13.2 |
9.6 |
17.2 |
12.8 |
8.5 |
|
Total Assets |
13.6 |
9.9 |
17.6 |
13.2 |
8.7 |
|
Trade Creditors |
5.2 |
3.9 |
10.1 |
7.8 |
5.2 |
|
Bank Overdraft |
- |
- |
- |
- |
0.0 |
|
Inter-Company Creditors |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Short Term Loans |
2.2 |
1.5 |
1.9 |
0.1 |
0.4 |
|
Accruals/Deferred Income (Current Liability) |
0.9 |
0.4 |
0.3 |
0.1 |
0.2 |
|
Social Security/VAT |
0.8 |
0.4 |
0.7 |
0.7 |
0.6 |
|
Corporation Tax |
0.4 |
0.4 |
0.4 |
0.5 |
0.1 |
|
Other Current Liabilities |
0.1 |
0.1 |
0.1 |
0.8 |
0.1 |
|
Total Current Liabilities |
9.6 |
6.7 |
13.6 |
10.0 |
6.6 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Total Long Term Liabilities |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
3.8 |
3.1 |
3.9 |
3.0 |
2.0 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
3.8 |
3.1 |
3.9 |
3.0 |
2.0 |
|
Net Worth |
3.8 |
3.1 |
3.9 |
3.0 |
2.0 |
Annual Cash Flows
Financials
in: USD (mil)
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
31-Mar-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
0.560422 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Net Cash Flow From Operating Activities |
0.6 |
- |
-0.3 |
0.4 |
0.5 |
|
Net Cash Flow from ROI and Servicing of Finance |
0.0 |
- |
-0.8 |
-0.2 |
-0.1 |
|
Taxation |
-0.5 |
- |
-0.5 |
-0.1 |
0.0 |
|
Capital Expenditures |
-0.1 |
- |
-0.1 |
0.2 |
-0.1 |
|
Acquisitions and Disposals |
0.0 |
- |
0.0 |
0.0 |
0.0 |
|
Paid Up Equity |
-0.6 |
- |
0.0 |
0.0 |
0.0 |
|
Management of Liquid Resources |
0.0 |
- |
0.0 |
0.0 |
0.0 |
|
Net Cash Flow From Financing |
0.7 |
- |
1.8 |
-0.4 |
0.5 |
|
Increase in Cash |
0.0 |
- |
0.0 |
-0.1 |
0.8 |
Annual Ratios
Financials
in: USD (mil)
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
31-Mar-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
0.576518 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
1.37 |
1.43 |
1.27 |
1.28 |
1.29 |
|
Liquidity Ratio |
1.00 |
0.88 |
0.81 |
0.98 |
1.08 |
|
Stock Turnover |
12.08 |
12.10 |
9.44 |
19.39 |
23.55 |
|
Credit Period (Days) |
72.16 |
47.52 |
68.33 |
59.68 |
78.40 |
|
Working Capital by Sales |
8.19% |
6.50% |
6.27% |
4.77% |
5.85% |
|
Trade Credit by Debtors |
0.59 |
0.67 |
0.93 |
0.82 |
0.76 |
|
Return on Capital |
37.94% |
44.86% |
33.16% |
62.77% |
30.40% |
|
Return on Assets |
11.05% |
14.65% |
7.66% |
15.15% |
7.43% |
|
Profit Margin |
3.42% |
3.26% |
2.32% |
3.42% |
2.01% |
|
Return on Shareholders Funds |
39.06% |
46.39% |
34.41% |
65.81% |
32.38% |
|
Borrowing Ratio |
58.34% |
48.57% |
48.37% |
3.87% |
22.34% |
|
Equity Gearing |
28.28% |
31.57% |
22.25% |
23.03% |
22.93% |
|
Interest Coverage |
53.42 |
17.14 |
16.88 |
28.03 |
9.18 |
|
Sales by Tangible Assets |
131.00 |
130.30 |
137.01 |
147.21 |
135.44 |
|
Average Remuneration per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Profit per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.0 |
|
Sales per Employee |
2.0 |
2.1 |
2.8 |
2.9 |
1.8 |
|
Capital Employed per Employee |
0.2 |
0.2 |
0.2 |
0.2 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.6 |
0.5 |
0.8 |
0.7 |
0.5 |
|
Employee Remuneration by Sales |
4.99% |
4.04% |
3.64% |
3.36% |
3.35% |
|
Creditor Days (Cost of Sales Based) |
51.64 |
37.10 |
73.00 |
55.92 |
68.85 |
|
Creditor Days (Sales Based) |
42.90 |
31.85 |
63.56 |
48.91 |
59.39 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.96 |
|
UK Pound |
1 |
Rs.73.94 |
|
Euro |
1 |
Rs.64.56 |
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 |
|
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.