%20LTD%20%20%20%20163393%2015-Dec-2011_files/image002.jpg){kind=small}
MIRA
INFORM REPORT
|
Report Date : |
15.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
HALE HAMILTON (VALVES) LTD. |
|
|
|
|
Registered Office : |
Frays Mill Works Cowley Road Uxbridge, UB8 2AF |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
26.05.1981 |
|
|
|
|
Com. Reg. No.: |
01563775 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Manufacture of pumps and compressors |
|
|
|
|
No. of Employees : |
156 |
RATING & COMMENTS
|
MIRAs 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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 and address
Hale Hamilton (Valves) Ltd.
|
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|
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Business
Description
|
Hale Hamilton (Valves) Ltd. specialises as a manufacturer and supplier
of valves, pressure regulators and high-purity gas systems in the United
Kingdom. The company also provides a wide range of air breathing systems,
oxygen systems and pneumatics. Its product line includes forward pressure
regulators, back pressure maintaining valves, relief valves, manual and
actuated stop valves, solenoid valves, filters, non-return valves,
high-purity and ultra high-purity valves and customer application specific
control systems. Hale Hamilton (Valves) Ltd. serves clients in military, gas
production, power generation, offshore, pharmaceutical, compressors, blow
moulding machinery and medical and laboratory equipment sectors. |
Industry
|
Industry |
Miscellaneous Capital Goods |
|
ANZSIC 2006: |
245 - Pump, Compressor, Heating and
Ventilation Equipment Manufacturing |
|
NACE 2002: |
2912 - Manufacture of pumps and
compressors |
|
NAICS 2002: |
33391 - Pump and Compressor Manufacturing |
|
UK SIC 2003: |
2912 - Manufacture of pumps and
compressors |
|
US SIC 1987: |
356 - General Industrial Machinery and
Equipment |
Key Executives
|
News
|
Financial
Summary
|
||||||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6475734
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6387123
Corporate Overview
|
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Corporate Structure News
|
Hale Hamilton
(Valves) Ltd. |
|
|
|
|
|
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Burlington, MA |
United States |
Miscellaneous Fabricated Products |
685.9 |
2,950 |
|
|
Division |
Spartanburg, SC |
United States |
Miscellaneous Fabricated Products |
|
450 |
|
|
Subsidiary |
Oklahoma City, OK |
United States |
Miscellaneous Fabricated Products |
322.1 |
350 |
|
|
Subsidiary |
Tulsa, OK |
United States |
Oil Well Services and Equipment |
40.0 |
75 |
|
|
Subsidiary |
Spartanburg, SC |
United States |
Miscellaneous Fabricated Products |
61.6 |
350 |
|
|
Division |
Oklahoma City, OK |
United States |
Miscellaneous Fabricated Products |
73.2 |
300 |
|
|
Subsidiary |
Corona, CA |
United States |
Miscellaneous Fabricated Products |
75.0 |
250 |
|
|
Subsidiary |
Sylmar, CA |
United States |
Aerospace and Defense |
16.5 |
124 |
|
|
Branch |
Hauppauge, NY |
United States |
Scientific and Technical Instruments |
5.0 |
50 |
|
|
Branch |
Dayton, OH |
United States |
Electronic Instruments and Controls |
9.2 |
36 |
|
|
Subsidiary |
Temple Terrace, FL |
United States |
Miscellaneous Fabricated Products |
40.0 |
205 |
|
|
Branch |
Temple Terrace, FL |
United States |
Biotechnology and Drugs |
|
10 |
|
|
Subsidiary |
Nerviano, Milano (Milan) |
Italy |
Miscellaneous Fabricated Products |
158.8 |
176 |
|
|
Division |
Walden, NY |
United States |
Miscellaneous Fabricated Products |
36.6 |
150 |
|
|
Subsidiary |
Chemille |
France |
Miscellaneous Fabricated Products |
14.5 |
149 |
|
|
Division |
Walden, NY |
United States |
Appliance and Tool |
|
148 |
|
|
Subsidiary |
Walden, NY |
United States |
Miscellaneous Fabricated Products |
|
130 |
|
|
Subsidiary |
Piracicaba, Sao Paulo |
Brazil |
Metal Mining |
|
110 |
|
|
Subsidiary |
Ronkonkoma, NY |
United States |
Miscellaneous Fabricated Products |
9.8 |
50 |
|
|
Subsidiary |
Spartanburg, SC |
United States |
Miscellaneous Fabricated Products |
5.6 |
20 |
|
|
Subsidiary |
Corona, CA |
United States |
Miscellaneous Fabricated Products |
500.0 |
2 |
|
|
Subsidiary |
Uxbridge |
United Kingdom |
Business Services |
0.0 |
2 |
|
|
Subsidiary |
Richmond |
United Kingdom |
Miscellaneous Fabricated Products |
17.3 |
185 |
|
|
Subsidiary |
Richmond |
United Kingdom |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Richmond |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Uxbridge |
United Kingdom |
Miscellaneous Capital Goods |
22.6 |
156 |
|
|
Subsidiary |
Cambridge |
United Kingdom |
Miscellaneous Fabricated Products |
43.8 |
46 |
|
|
Subsidiary |
Greenville, SC |
United States |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Hayes |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Coimbatore |
India |
Miscellaneous Fabricated Products |
|
|
Executives Report
|
%20LTD%20%20%20%20163393%2015-Dec-2011_files/image007.gif){kind=small}
Directors and Shareholders Report
|
Annual Return Date: 10 Apr 2011 |
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
28 Sep 1958 |
49 Stoneymeade Way, |
04 Mar 2008 |
NA |
Current:6 |
|
|
|
Current |
08 Oct 1950 |
128 High Valley Drive, |
04 Mar 2008 |
NA |
Current:3 |
|
|
|
Current |
23 May 1955 |
27 Old Windmill Way, |
01 Feb 2001 |
NA |
Current:1 |
|
|
|
Current |
19 Jan 1955 |
15 Warner Close, Cleeve, |
10 Sep 2003 |
NA |
Current:3 |
|
|
|
Current |
27 May 1948 |
18 Claremont Road, Claygate, |
10 Apr 1992 |
NA |
Current:4 |
|
|
|
Current |
01 Nov 1960 |
Chapel Lane Farmhouse, Chapel Lane Thornborough, |
24 Mar 2004 |
NA |
Current:1 |
|
|
|
Current |
01 Nov 1958 |
34 Elm Trees, Long Crendon, |
26 Sep 2000 |
NA |
Current:1 |
|
|
|
Current |
08 Nov 1960 |
The North House, Stanstead Bury Stanstead Abbots, |
01 Sep 2001 |
NA |
Current:1 |
|
|
|
Previous |
28 May 1950 |
171 Littleton County Road, |
06 Feb 2006 |
01 Mar 2008 |
Current:0 |
|
|
|
Previous |
31 Aug 1950 |
5 Lucinda Place, |
06 Feb 2006 |
01 Mar 2008 |
Current:1 |
|
|
|
Previous |
03 Dec 1956 |
3 Silvermead, Worminghall, |
10 Apr 1992 |
10 May 1998 |
Current:0 |
|
|
|
Previous |
01 Nov 1949 |
P O Box 191, 10 Fenchurch Street, |
10 Apr 1992 |
03 Mar 1997 |
Current:0 |
|
|
|
Previous |
29 Jan 1953 |
Firs House Ramsdell, |
10 Apr 1992 |
03 Mar 1997 |
Current:0 |
|
|
|
Previous |
05 Apr 1946 |
22 Silver Street, |
10 Apr 1992 |
NA |
Current:1 |
|
|
|
Previous |
18 Aug 1944 |
The Willows, Mill Road, |
10 Apr 1992 |
30 Sep 2003 |
Current:0 |
|
|
|
Previous |
17 Oct 1963 |
Moorsarten 15, |
21 Nov 2002 |
04 Mar 2005 |
Current:1 |
|
|
|
Previous |
08 Jun 1956 |
75 Kestrel Way, Watermead, |
NA |
31 May 1999 |
Current:0 |
|
|
|
Previous |
24 Jun 1929 |
Grymsdyke Farm, Main Road, Lacey Green, |
NA |
03 Mar 1997 |
Current:0 |
|
|
|
Previous |
14 Dec 1953 |
4 Highland Gate Nappins Close, Long Crendon, |
NA |
06 Sep 1996 |
Current:0 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
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 |
NA |
Frays Mill Works, Cowley Road, |
10 Apr 1992 |
NA |
Current:1 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
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 |
|
Howitzer Aquisition Ltd |
476500 Ordinary GBP 1.00 |
Ordinary |
476,500 |
1.00 |
476,500.00 |
100.00 |
|
|
|
|
|
|
|
|
|
Corporate Shareholders |
|
|
|
There are no corporate shareholders for this company. |
|
|
Presolicitation
Notice - J-- Annual Synopsis for the Repair of Regulating Valves and Relief
Valves under BOA N00104-09-G-A754
J - Maintenance, repair & rebuilding of equipment
FedBizOpps: 24 March 2011
[What follows is the full text of the news story.]
Notice Type:
Presolicitation Notice
Posted Date:
23-MAR-11
Office Address:
Department of the Navy; Naval Supply Systems Command; NAVICP-Mechanicsburg;
N00104 NAVICP MECHANICSBURG PA NAVICP 5450 Carlisle Pike PO Box 2020
Mechanicsburg, PA
Subject: J--
Annual Synopsis for the Repair of Regulating Valves and Relief Valves under BOA
N00104-09-G-A754
Classification
Code: J - Maintenance, repair & rebuilding of equipment
Contact: J Patno
717-605-4358
Description:
Department of the Navy
Naval Supply
Systems Command
NAVICP-Mechanicsburg
This is the annual
synopsis of Repair Basic Ordering Agreement (BOA) N00104-09-G-A754 with Hale
Hamilton (Valves) LTD, Cowley Road, Uxbridge, Middlesex, United Kingdom and
serves as the pre-solicitation synopsis notice for all repair orders issued by
the NAVICP for the period 2011 March 30 thru 2012 March 30 for the evaluation
and repair of the items listed below by Hale Hamilton (Valves) LTD. NSN 7H
4820-01-482-9825 D4 Valve, Regulating, FL P/N NA52712 and NSN 7H
4820-99-512-1446 D4 Valve, Relief, Pressure P/N NB52713. Individual Orders
exceeding $25,000 will be synopsized pursuant to FAR Subpart 5.3.Orders issued
under the Basic Ordering Agreement and pursuant to this synopsis will be issued
pursuant to 10 U.S.C. 2304 (c)(1) because the Government does not currently
possess the data necessary to compete the items solicited hereunder. Guidance
in NAVICP solicitation language identified as LA27LN, Alternate Products
Offered, applies to companies expressing an interest in supply these items. The
full text of this clause is available at http://www.neco.navy.mil/clauses.cfm.
Link/URL:
https://www.fbo.gov/spg/DON/NAVSUP/N000104/N0010409GA754A/listing.html
Annual Profit & Loss
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
|
|
|
|
|
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
13.0 |
12.8 |
16.8 |
15.5 |
20.8 |
|
Turnover (Exports) |
9.5 |
11.6 |
8.4 |
10.2 |
9.7 |
|
Total Turnover |
22.6 |
24.4 |
25.2 |
25.6 |
30.5 |
|
Cost of Sales |
10.6 |
11.5 |
12.3 |
13.5 |
16.1 |
|
Gross Profit |
11.9 |
12.9 |
13.0 |
12.1 |
14.4 |
|
Depreciation |
0.3 |
0.4 |
0.4 |
0.6 |
0.8 |
|
Other Expenses |
7.7 |
8.2 |
8.3 |
8.0 |
10.0 |
|
Operating Profit |
- |
- |
- |
4.1 |
- |
|
Other Income |
0.8 |
0.0 |
0.8 |
0.0 |
0.8 |
|
Interest Paid |
0.0 |
0.0 |
0.0 |
0.1 |
0.1 |
|
Exceptional Income |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
5.0 |
4.6 |
5.5 |
4.1 |
5.1 |
|
Tax Payable / Credit |
1.2 |
2.8 |
0.7 |
0.3 |
0.9 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
5.7 |
4.6 |
2.1 |
2.0 |
0.0 |
|
Profit After Taxes |
-1.9 |
-2.7 |
2.6 |
1.9 |
4.2 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.0 |
0.0 |
0.1 |
0.1 |
0.0 |
|
Non Audit Fees |
0.0 |
0.0 |
0.0 |
- |
- |
|
Number of Employees |
156 |
156 |
152 |
152 |
157 |
|
Wages |
8.3 |
8.4 |
9.3 |
9.3 |
10.8 |
|
Social Security Costs |
0.8 |
0.8 |
0.9 |
1.0 |
1.1 |
|
Pensions |
- |
- |
0.1 |
0.0 |
0.0 |
|
Other Pension Costs |
0.4 |
0.5 |
0.5 |
0.5 |
0.5 |
|
Employees Remuneration |
9.6 |
9.7 |
10.7 |
10.8 |
12.4 |
|
Directors Emoluments |
- |
- |
1.4 |
1.5 |
1.5 |
|
Other Costs |
- |
- |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
1.4 |
1.3 |
1.5 |
1.5 |
1.5 |
|
Highest Paid Director |
0.4 |
0.4 |
0.5 |
0.5 |
0.4 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
4.3 |
4.5 |
4.0 |
5.7 |
5.6 |
|
Fixtures & Fittings |
0.1 |
0.0 |
0.1 |
0.2 |
0.3 |
|
Plant & Vehicles |
0.7 |
0.7 |
0.8 |
1.1 |
1.5 |
|
Total Tangible Fixed Assets |
5.1 |
5.2 |
5.0 |
7.0 |
7.5 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
4.6 |
4.9 |
4.3 |
6.0 |
5.9 |
|
Total Fixed Assets |
9.7 |
10.1 |
9.3 |
13.0 |
13.3 |
|
Stocks |
1.6 |
1.7 |
2.2 |
2.1 |
2.7 |
|
Work in Progress |
0.9 |
0.8 |
1.0 |
0.8 |
0.8 |
|
Total Stocks Work In Progress |
2.4 |
2.5 |
3.2 |
2.9 |
3.5 |
|
Trade Debtors |
3.8 |
3.2 |
4.8 |
4.6 |
4.5 |
|
Inter-Company Debtors |
0.1 |
0.2 |
0.3 |
0.4 |
0.5 |
|
Other Debtors |
0.1 |
0.1 |
0.1 |
0.1 |
0.3 |
|
Total Debtors |
4.0 |
3.5 |
5.2 |
5.2 |
5.2 |
|
Cash and Equivalents |
1.3 |
4.0 |
3.4 |
2.4 |
0.5 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
Total Current Assets |
7.7 |
10.0 |
11.8 |
10.6 |
9.2 |
|
Total Assets |
17.4 |
20.0 |
21.1 |
23.5 |
22.6 |
|
Trade Creditors |
1.4 |
0.9 |
1.5 |
1.4 |
1.8 |
|
Inter-Company Creditors |
0.6 |
0.7 |
0.1 |
0.0 |
1.3 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Finance Lease (Current Liability) |
0.1 |
0.1 |
0.0 |
0.1 |
- |
|
Total Finance Lease/Hire Purchase (Current Liability) |
0.1 |
0.1 |
0.0 |
0.1 |
0.1 |
|
Social Security/VAT |
0.6 |
0.3 |
0.4 |
0.7 |
0.6 |
|
Corporation Tax |
0.0 |
0.4 |
0.4 |
0.4 |
0.3 |
|
Other Current Liabilities |
2.2 |
2.8 |
2.7 |
1.7 |
1.0 |
|
Total Current Liabilities |
4.9 |
5.2 |
5.3 |
4.3 |
5.1 |
|
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 |
- |
|
Leasing (Long Term Liability) |
0.0 |
0.1 |
0.2 |
0.3 |
- |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.1 |
0.2 |
0.3 |
0.3 |
|
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 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.1 |
0.2 |
0.3 |
0.3 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.4 |
|
Other Provisions |
0.1 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.1 |
0.1 |
0.0 |
0.0 |
0.4 |
|
Issued Capital |
0.7 |
0.8 |
0.7 |
0.9 |
0.9 |
|
Share Premium Accounts |
5.0 |
5.1 |
4.6 |
6.3 |
6.2 |
|
Revaluation Reserve |
2.3 |
2.4 |
2.1 |
2.9 |
2.9 |
|
Retained Earnings |
4.3 |
6.4 |
8.3 |
8.7 |
6.7 |
|
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 |
12.4 |
14.7 |
15.7 |
18.9 |
16.8 |
|
Net Worth |
12.4 |
14.7 |
15.7 |
18.9 |
16.8 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period
Average) |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
|
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
1.56 |
1.93 |
2.25 |
2.46 |
1.81 |
|
Liquidity Ratio |
1.07 |
1.45 |
1.64 |
1.77 |
1.13 |
|
Stock Turnover |
9.38 |
10.19 |
6.24 |
8.70 |
7.48 |
|
Credit Period (Days) |
60.93 |
46.30 |
89.28 |
65.97 |
62.83 |
|
Working Capital by Sales |
12.13% |
18.99% |
33.10% |
24.57% |
15.91% |
|
Trade Credit by Debtors |
0.36 |
0.28 |
0.31 |
0.31 |
0.40 |
|
Return on Capital |
40.73% |
32.16% |
27.26% |
21.20% |
24.80% |
|
Return on Assets |
29.24% |
23.88% |
20.46% |
17.32% |
19.21% |
|
Profit Margin |
22.26% |
18.96% |
21.80% |
15.98% |
16.70% |
|
Return on Shareholders Funds |
41.08% |
32.66% |
27.57% |
21.54% |
25.85% |
|
Borrowing Ratio |
6.12% |
5.97% |
2.06% |
2.00% |
10.28% |
|
Equity Gearing |
71.19% |
73.12% |
74.22% |
80.42% |
74.29% |
|
Debt Gearing |
0.40% |
0.82% |
1.04% |
1.49% |
2.03% |
|
Interest Coverage |
369.67 |
167.19 |
148.35 |
76.58 |
37.38 |
|
Sales by Tangible Assets |
4.49 |
4.82 |
3.99 |
3.66 |
3.48 |
|
Average Remuneration per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.1 |
0.2 |
0.1 |
0.2 |
0.2 |
|
Capital Employed per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.1 |
0.1 |
0.1 |
0.2 |
0.1 |
|
Employee Remuneration by Sales |
42.39% |
39.64% |
42.33% |
42.16% |
40.53% |
|
Creditor Days (Cost of Sales Based) |
46.60 |
27.60 |
57.78 |
38.48 |
47.72 |
|
Creditor Days (Sales Based) |
21.94 |
13.05 |
28.09 |
20.30 |
25.15 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.58 |
|
|
1 |
Rs.82.97 |
|
Euro |
1 |
Rs.69.89 |
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 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.