MIRA
INFORM REPORT
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Report Date : |
06.12.2011 |
IDENTIFICATION DETAILS
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Name : |
D.C. HANDRAILS AND IRONWORK PARTS LTD. |
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Registered Office : |
3 Whickham Industrial Estate Swalwell Newcastle Upon Tyne, NE16 3DA |
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Country : |
United Kingdom |
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Financials (as on) : |
30.06.2011 |
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Date of Incorporation : |
27.02.2001 |
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Com. Reg. No.: |
04169172 |
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Legal Form : |
Private Independent |
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Line of Business : |
Building installation |
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No. of Employees : |
8 |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
D.C. Handrails And Ironwork Parts Ltd.
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Business
Description
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Building installation. |
Industry
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Industry |
Construction Services |
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ANZSIC 2006: |
3299 - Other Construction Services Not
Elsewhere Classified |
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NACE 2002: |
4534 - Other building installation |
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NAICS 2002: |
2389 - Other Specialty Trade Contractors |
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UK SIC 2003: |
4534 - Other building installation |
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US SIC 1987: |
1799 - Special Trade Contractors, Not
Elsewhere Classified |
Key Executives
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Financial Summary
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1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6291059
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6228783
Corporate Overview
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Executives Report
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Directors and Shareholders Report
Annual Return Date: 27 Feb 2011
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
24 Jul 1956 |
16 Norhurst, Fellside Park, |
27 Feb 2001 |
NA |
Current:2 |
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Current |
29 May 1953 |
16 Norhurst, Fellside Park, |
27 Feb 2001 |
NA |
Current:4 |
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Lesley Joyce |
Previous |
30 Dec 1953 |
61 Fairview Avenue, |
27 Feb 2001 |
27 Feb 2001 |
Current:1 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
29 May 1953 |
16 Norhurst, Fellside Park, |
27 Feb 2001 |
NA |
Current:4 |
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Dorothy May |
Previous |
11 May 1919 |
61 Fairview Avenue, |
27 Feb 2001 |
27 Feb 2001 |
Current:1 |
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Individual Shareholders |
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Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
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David Alan Collins |
60 Ordinary GBP 1.00 |
Ordinary |
60 |
1.00 |
60.00 |
60.00 |
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Sandra Ann Collins |
40 Ordinary GBP 1.00 |
Ordinary |
40 |
1.00 |
40.00 |
40.00 |
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Corporate Shareholders |
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There are no corporate shareholders for this company. |
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Annual Profit & Loss
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Financials in: USD (mil) |
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Except for share items (millions) and per
share items (actual units) |
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30-Jun-2011 |
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate
(Period Average) |
0.629106 |
0.633607 |
0.627423 |
0.499214 |
0.517836 |
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Consolidated |
No |
No |
No |
No |
No |
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Depreciation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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30-Jun-2011 |
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate |
0.622878 |
0.668405 |
0.60722 |
0.502475 |
0.498418 |
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Consolidated |
No |
No |
No |
No |
No |
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Total Tangible Fixed Assets |
0.0 |
0.0 |
0.0 |
0.1 |
0.1 |
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Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
0.0 |
0.0 |
0.0 |
0.1 |
0.1 |
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Total Stocks Work In Progress |
1.2 |
1.0 |
1.0 |
1.2 |
1.1 |
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Director Loans |
- |
0.0 |
- |
- |
- |
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Other Debtors |
- |
0.2 |
- |
- |
- |
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Total Debtors |
0.2 |
0.2 |
0.2 |
0.3 |
0.3 |
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Cash and Equivalents |
0.3 |
0.4 |
0.4 |
0.2 |
0.2 |
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Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Current Assets |
1.8 |
1.5 |
1.6 |
1.7 |
1.6 |
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Total Assets |
1.8 |
1.6 |
1.7 |
1.7 |
1.7 |
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Other Current Liabilities |
0.2 |
0.1 |
0.2 |
0.3 |
0.4 |
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Total Current Liabilities |
0.2 |
0.1 |
0.2 |
0.3 |
0.4 |
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Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Retained Earnings |
1.6 |
1.4 |
1.5 |
1.4 |
1.3 |
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Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Shareholders Funds |
1.6 |
1.4 |
1.5 |
1.4 |
1.3 |
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Net Worth |
1.6 |
1.4 |
1.5 |
1.4 |
1.3 |
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Annual Cash
Flows |
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Financials in:
USD (mil) |
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30-Jun-2011 |
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate
(Period Average) |
0.629106 |
0.633607 |
0.627423 |
0.499214 |
0.517836 |
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Consolidated |
No |
No |
No |
No |
No |
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Annual Ratios |
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Financials in:
USD (mil) |
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30-Jun-2011 |
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate |
0.622878 |
0.668405 |
0.60722 |
0.502475 |
0.498418 |
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Consolidated |
No |
No |
No |
No |
No |
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Current Ratio |
8.96 |
11.24 |
8.37 |
5.73 |
4.11 |
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Liquidity Ratio |
2.58 |
4.05 |
3.18 |
1.67 |
1.30 |
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Equity Gearing |
88.88% |
91.14% |
88.27% |
83.03% |
76.59% |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.39 |
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1 |
Rs.80.20 |
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Euro |
1 |
Rs.68.92 |
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 |
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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NB |
New Business |
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This score serves as a reference to assess SCs 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.