MIRA
INFORM REPORT
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Report Date : |
22.12.2011 |
IDENTIFICATION DETAILS
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Name : |
FUJIFILM IMAGING COLORANTS LTD. |
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Registered Office : |
Po Box 42 Hexagon Tower Manchester, M9 8ZS |
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Country : |
United Kingdom |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
18.02.2005 |
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Com. Reg. No.: |
05369196 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacture of other chemical products not elsewhere classified |
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No. of Employees : |
175 |
RATING & COMMENTS
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MIRAs 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 : |
Poor |
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Payment Behaviour : |
Slow |
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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
|
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
Fujifilm Imaging Colorants Ltd.
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Business
Description
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Fujifilm Imaging Colorants Ltd. is a global manufacturer of colourants
and inks for the home and office ink-jet printing sectors. The company also
develops and manufactures chemically produced toners for laser printers and photocopiers
and infrared absorbers used in high-value markings. Fujifilm Imaging
Colorants serves a wide range of industrial markets, including commercial
print, packaging, electronics and graphic arts. It offers a range of
aqueous-based colourants, which are used within consumer and desktop printer
markets. It offers a solution-based approach to developing customised
colourant products for specific applications. |
Industry
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Industry |
Chemical Manufacturing |
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ANZSIC 2006: |
1899 - Other Basic Chemical Product
Manufacturing Not Elsewhere Classified |
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NACE 2002: |
2466 - Manufacture of other chemical
products not elsewhere classified |
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NAICS 2002: |
325998 - All Other Miscellaneous Chemical
Product and Preparation Manufacturing |
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UK SIC 2003: |
2466 - Manufacture of other chemical
products not elsewhere classified |
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US SIC 1987: |
2899 - Chemicals and Chemical
Preparations, Not Elsewhere Classified |
Key Executives
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Financial
Summary
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1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6433939
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6238497
Corporate Overview
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Corporate Structure News
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Fujifilm Imaging
Colorants Ltd. |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Fujifilm Corporation |
Parent |
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Subsidiary |
Manchester |
United Kingdom |
Chemical Manufacturing |
51.4 |
175 |
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Subsidiary |
Broadstairs |
United Kingdom |
Commercial Banks |
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Executives Report
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Directors and Shareholders Report
Annual
Return Date: 24 Jul 2011
Total Issued Capital (GBP 000): 72,655
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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 |
02 Apr 1951 |
Po Box 42, Hexagon Tower, |
18 Mar 2010 |
NA |
Current:1 |
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Current |
07 May 1953 |
Po Box 42, Hexagon Tower, |
18 Mar 2010 |
NA |
Current:1 |
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Current |
23 Feb 1963 |
Po Box 42, Hexagon Tower, |
10 Nov 2010 |
NA |
Current:1 |
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Current |
04 Apr 1962 |
Po Box 42, Hexagon Tower, |
10 Nov 2010 |
NA |
Current:1 |
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Current |
04 Jan 1957 |
5Th Floor Salisbury House Finsbury Circus, |
18 Mar 2010 |
NA |
Current:2 |
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Current |
18 Oct 1962 |
Po Box 42, Hexagon Tower, |
02 Sep 2011 |
NA |
Current:1 |
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Current |
29 Mar 1964 |
11 Sadlers Wells, Bunbury, |
17 Feb 2006 |
NA |
Current:1 |
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Previous |
11 Feb 1962 |
Hexagon Tower, Blackley, |
01 Sep 2010 |
10 Nov 2010 |
Current:0 |
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Previous |
13 Mar 1953 |
Oakdene, 72 Caldy Road Caldy, |
18 Feb 2005 |
30 Sep 2008 |
Current:5 |
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Previous |
27 Apr 1947 |
Kus Industrial Estate, Manor Lane, |
18 Feb 2005 |
17 Feb 2006 |
Current:1 |
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Previous |
01 Apr 1957 |
K.U.S. Industrial Estate, Manor Lane, |
03 Oct 2005 |
17 Feb 2006 |
Current:18 |
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Previous |
02 May 1950 |
Treelands, 55 Spring Lane Burn Bridge, |
18 Feb 2005 |
04 Oct 2005 |
Current:1 |
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Previous |
NA |
Mukouhara 238-24, Yamakita-Chou, |
04 Aug 2008 |
21 Apr 2009 |
Current:0 |
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Previous |
07 Mar 1943 |
266 Dorpsstraat, |
30 Sep 2008 |
31 Aug 2010 |
Current:0 |
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Previous |
24 Aug 1946 |
544-22 Ichigao-Cho, Aoba-Ku, |
21 Apr 2009 |
02 Sep 2011 |
Current:0 |
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Previous |
21 Jan 1953 |
6 Albert Place, |
17 Feb 2006 |
17 Jul 2010 |
Current:0 |
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Previous |
05 May 1947 |
1952-5 Nobusawa Kaisei-Machi, Ashigarakami-Gun, |
17 Feb 2006 |
04 Aug 2008 |
Current:0 |
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Previous |
18 Oct 1953 |
9 Walnut Close, Salisbury Avenue, |
17 Feb 2006 |
08 Oct 2007 |
Current:0 |
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Previous |
30 Dec 1959 |
14 Streamside Close, Timperley, |
08 Oct 2007 |
01 Oct 2009 |
Current:0 |
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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 |
22 Mar 1966 |
38 School Lane, Didsbury, |
13 Feb 2006 |
NA |
Current:2 |
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Previous |
03 Aug 1952 |
27 The Spinnings, Waterside Road Summerseat, |
18 Feb 2005 |
13 Feb 2006 |
Current:8 |
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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 |
|
Fujifilm Corporation |
72655187 Ordinary GBP 1.00 |
Ordinary |
72,655,187 |
1.00 |
72,655,187.00 |
100.00 |
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Corporate Shareholders |
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There are no corporate shareholders for this company. |
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Fujifilm Imaging Colorants Ltd Receives Patent for an Ink Comprising a
Liquid Medium and a Tris-azo Compound of Formula
Indian Patent News
02 December 2011
|
[What follows is
the full text of the article.] New Delhi, Dec. 2
-- Fujifilm Imaging Colorants Ltd received patent for an ink comprising a
liquid medium and a tris-azo compound of formula on Sept. 5, 2008. The patent
number issued by the Indian Patent Office is 222405. Fujifilm Imaging
Colorants Ltd had filed patent application number 1717/DELNP/2005 for an ink
comprising a liquid medium and a tris-azo compound of formula on April 27,
2005. The inventor of the patent is David Phillip Devonald. The
International classification number is C09D11/00. The PCT
International application number of the patent is PCT/GB2003/001438 and the
application was filed on Nov. 13, 2003. According to the
Controller General of Patents, Designs & Trade Marks, "An ink
comprising a liquid medium and a tris-azo compound of Formula or salt of the
kind such as herein described, wherein the liquid medium comprises water, an
organic solvent and one or more optional components selected from surfactants
and pH buffers." About the
Company Fujifilm Imaging
Colorants is a global leader in the development and supply of innovative,
high performance colorants that are enabling new possibilities in digital
print, and a range of specialty applications. Copyright
Contify.com
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Fujifilm Imaging Colorants Limited Files Patent Application for Process
for Preparing an Encapsulated Particulate Solid
Indian Patent News
28 March 2011
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[What follows is
the full text of the article.] New Delhi, March
28 -- UK based Fujifilm Imaging Colorants Limited filed patent application for
process for preparing an encapsulated particulate solid. The inventors are
John Patrick O'Donnell, Nicola Fiona Parrott and Tom Annable. Fujifilm Imaging
Colorants Limited filed the patent application on May 24, 2007. The patent
application number is 3891/DELNP/2007 A. The international classification
number is B01J13/00. According to the
Controller General of Patents, Designs & Trade Marks, "A process for
preparing an encapsulated particulate solid using an epoxy functional
cross-linking agent and a carboxylic acid functional dispersant wherein the
cross-linking agent has one or more oligomeric dispersing group and/or the
dispersant has an acid value of at least 125 mg KOH/g. The resultant solids
are useful in, for example, ink jet printing inks." About the
company FUJIFILM Imaging
Colorants Limited develops, manufactures, and supplies colorants for the
digital printing market. It offers dyes and inks for the home and office ink
jet printing sectors; chemical or polymerised toners/chemically produced toners
to the laser printing and digital copying industry; and charge control
agents, including a chromium complex for use in negative toner systems. The
company also provides infrared absorbing dyes, including phthalocyanine,
polymethine, phthalocyanine, and phthalocyanine infrared absorbers for a
range of specialty applications, including automatic identification, laser
imaging, polymer laser welding, radiation filtration, and fuel marking. Copyright
Contify.com
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Fujifilm Imaging Colorants Limited Files Patent Application for
Phthalocyanines and Their Use in Ink-Jet Printing
Indian Patent News
22 March 2011
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[What follows is
the full text of the article.] New Delhi, March
22 -- UK based Fujifilm Imaging Colorants Limited filed patent application
for phthalocyanines and their use in ink-jet printing. The inventor is
Prakash Patel. Fujifilm Imaging
Colorants Limited filed the patent application on May 18, 2007. The patent
application number is 3721/DELNP/2007 A. The international classification
number is C09B 47/26. According to the
Controller General of Patents, Designs & Trade Marks, "A mixture of
dyes of Formula (1) and salts thereof: Formula (1) wherein: M is 2H, Si, a metal,
an oxymetal group, a hydroxymetal group or a halometal group; A
phthalocyanine nucleus of formula methyl; H or methyl; H or optionally
substituted C1- 4alkyl; H or a substituent. x is 0.1 to 3.8; y is 0.1 to 3.8;
z is 0.1 to 3.8; the sum of (x+y+z) is 2 to 4;and the substituent's,
represented by x, y and z, are only attached to a p position on the
phthalocyanine ring and the dyes are free from fibre reactive groups. Also
compositions, inks, printed material and ink-jet processes and cartridges." Copyright
Contify.com
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Fujifilm Imaging Colorants Limited Files Patent Application for a Metal
Chelate Compound
Indian Patent News
26 December 2010
|
[What follows is
the full text of the article.] New Delhi, Dec. 26
-- UK based Fujifilm Imaging Colorants Limited filed patent application for a
metal chelate compound. The inventor is Gavin Wright. Fujifilm Imaging
Colorants Limited filed the patent application on Dec. 19, 2006. The patent
application number is 7701/DELNP/2006 A. The international classification
number is B41B. According to the
Controller General of Patents, Designs & Trade Marks, "This
invention relates to compounds, to inks and to their use in ink jet printing
("UP"). UP is a non-impact printing technique in which droplets of
ink are ejected through a fine nozzle onto a substrate without bringing the
nozzle into contact with the substrate." FUJIFILM Imaging
Colorants Limited develops, manufactures, and supplies colorants for the
digital printing market. It offers dyes and inks for the home and office ink
jet printing sectors; chemical or polymerised toners/chemically produced
toners to the laser printing and digital copying industry; and charge control
agents, including a chromium complex for use in negative toner systems. The
company also provides infrared absorbing dyes, including phthalocyanine,
polymethine, phthalocyanine, and phthalocyanine infrared absorbers for a
range of specialty applications, including automatic identification, laser
imaging, polymer laser welding, radiation filtration, and fuel marking. Copyright
Contify.com
|
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Annual Profit & Loss
|
Financials in: USD (mil) |
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|
Except for share items (millions) and per
share items (actual units) |
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|
|
|
|
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|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.643394 |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
|
Consolidated |
No |
No |
No |
No |
No |
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Turnover (UK) |
1.4 |
1.5 |
1.0 |
2.0 |
5.8 |
|
Turnover (Exports) |
50.0 |
40.1 |
38.8 |
49.8 |
71.1 |
|
Total Turnover |
51.4 |
41.6 |
39.8 |
51.9 |
76.9 |
|
Cost of Sales |
40.8 |
28.3 |
21.7 |
32.6 |
52.7 |
|
Gross Profit |
10.6 |
13.3 |
18.1 |
19.2 |
24.2 |
|
Depreciation |
6.3 |
6.1 |
3.7 |
4.9 |
4.8 |
|
Other Expenses |
46.9 |
28.5 |
28.0 |
44.9 |
47.8 |
|
Other Income |
13.1 |
4.1 |
10.5 |
7.0 |
6.3 |
|
Interest Paid |
9.2 |
0.5 |
15.7 |
1.0 |
1.2 |
|
Exceptional Income |
16.0 |
0.0 |
-1.1 |
0.0 |
-58.9 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit Before Taxes |
-16.4 |
-11.6 |
-16.2 |
-19.7 |
-77.4 |
|
Tax Payable / Credit |
0.2 |
-3.4 |
1.9 |
1.0 |
-4.4 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
-16.6 |
-8.2 |
-18.1 |
-20.7 |
-73.0 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Non Audit Fees |
- |
- |
- |
0.0 |
0.0 |
|
Number of Employees |
175 |
200 |
211 |
239 |
227 |
|
Wages |
11.5 |
12.6 |
14.0 |
17.6 |
19.5 |
|
Social Security Costs |
1.2 |
1.3 |
1.4 |
1.8 |
2.0 |
|
Pensions |
- |
- |
- |
0.0 |
0.0 |
|
Other Pension Costs |
3.0 |
1.8 |
2.4 |
3.4 |
4.6 |
|
Employees Remuneration |
15.7 |
15.7 |
17.8 |
22.8 |
26.2 |
|
Directors Emoluments |
- |
- |
- |
1.6 |
1.6 |
|
Other Costs |
- |
- |
- |
0.0 |
0.0 |
|
Directors Remuneration |
0.7 |
1.1 |
2.0 |
1.6 |
1.6 |
|
Highest Paid Director |
0.3 |
0.4 |
1.8 |
0.8 |
0.9 |
|
|
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Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.62385 |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
3.9 |
2.9 |
2.5 |
21.1 |
10.0 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Plant & Vehicles |
37.4 |
49.7 |
46.6 |
22.6 |
19.0 |
|
Total Tangible Fixed Assets |
41.4 |
52.5 |
49.1 |
43.7 |
29.0 |
|
Intangible Assets |
4.2 |
11.8 |
13.3 |
17.2 |
19.6 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
45.5 |
64.4 |
62.4 |
61.0 |
48.6 |
|
Stocks |
8.2 |
6.1 |
6.1 |
5.5 |
4.8 |
|
Work in Progress |
3.3 |
3.0 |
1.1 |
0.9 |
1.9 |
|
Total Stocks Work In Progress |
11.5 |
9.0 |
7.2 |
6.3 |
6.7 |
|
Trade Debtors |
1.2 |
1.0 |
1.3 |
3.3 |
2.4 |
|
Inter-Company Debtors |
1.7 |
3.5 |
2.2 |
1.4 |
7.9 |
|
Other Debtors |
1.0 |
1.2 |
1.4 |
2.1 |
2.2 |
|
Total Debtors |
3.8 |
5.7 |
5.0 |
6.8 |
12.5 |
|
Cash and Equivalents |
6.4 |
15.4 |
14.1 |
20.5 |
30.2 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
18.0 |
4.0 |
|
Total Current Assets |
21.7 |
30.2 |
26.3 |
51.7 |
53.4 |
|
Total Assets |
67.2 |
94.5 |
88.8 |
112.6 |
102.0 |
|
Trade Creditors |
7.0 |
7.6 |
6.8 |
6.2 |
7.9 |
|
Inter-Company Creditors |
64.3 |
68.6 |
56.8 |
28.7 |
13.8 |
|
Total Finance Lease/Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Short Term Loans |
- |
1.5 |
1.4 |
- |
- |
|
Accruals/Deferred Income (Current Liability) |
2.5 |
1.3 |
1.4 |
1.9 |
3.6 |
|
Social Security/VAT |
0.4 |
0.5 |
0.3 |
0.6 |
0.5 |
|
Other Current Liabilities |
0.3 |
0.3 |
0.1 |
0.5 |
0.3 |
|
Total Current Liabilities |
74.4 |
79.8 |
67.0 |
37.8 |
26.1 |
|
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 |
|
Leasing (Long Term Liability) |
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) |
1.4 |
1.4 |
1.1 |
0.4 |
0.3 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
1.4 |
1.5 |
1.2 |
0.4 |
0.3 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
1.1 |
23.1 |
4.7 |
7.3 |
0.0 |
|
Total Provisions |
1.1 |
23.1 |
4.7 |
7.3 |
0.0 |
|
Issued Capital |
116.5 |
110.2 |
104.1 |
144.4 |
142.5 |
|
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 |
-126.1 |
-120.0 |
-88.2 |
-77.3 |
-66.9 |
|
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 |
-9.6 |
-9.8 |
16.0 |
67.1 |
75.6 |
|
Net Worth |
-13.8 |
-21.7 |
2.7 |
49.8 |
55.9 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.643394 |
0.627794 |
0.592803 |
0.498361 |
0.528925 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
|
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
65 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.62385 |
0.659239 |
0.697666 |
0.503145 |
0.509853 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
0.29 |
0.38 |
0.39 |
1.37 |
2.05 |
|
Liquidity Ratio |
0.14 |
0.26 |
0.29 |
1.20 |
1.79 |
|
Stock Turnover |
4.61 |
4.39 |
4.68 |
8.10 |
9.55 |
|
Credit Period (Days) |
8.11 |
9.21 |
14.45 |
23.73 |
13.53 |
|
Working Capital by Sales |
-99.29% |
-125.22% |
-120.11% |
26.92% |
42.79% |
|
Trade Credit by Debtors |
5.92 |
7.59 |
5.09 |
1.85 |
3.34 |
|
Return on Capital |
- |
-74.85% |
-63.06% |
-26.12% |
-84.61% |
|
Return on Assets |
-25.10% |
-11.69% |
-15.49% |
-17.34% |
-62.96% |
|
Profit Margin |
-31.84% |
-27.91% |
-40.68% |
-38.04% |
-100.68% |
|
Return on Shareholders Funds |
- |
- |
-86.12% |
-29.13% |
-84.99% |
|
Borrowing Ratio |
-466.44% |
-323.93% |
2,182.56% |
57.60% |
24.62% |
|
Equity Gearing |
-14.30% |
-10.40% |
17.99% |
59.53% |
74.08% |
|
Debt Gearing |
- |
-0.05% |
1.13% |
- |
- |
|
Interest Coverage |
-1.78 |
-23.66 |
-1.03 |
-18.83 |
-62.89 |
|
Sales by Tangible Assets |
1.28 |
0.75 |
0.69 |
1.17 |
2.20 |
|
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 |
-0.3 |
|
Sales per Employee |
0.3 |
0.2 |
0.2 |
0.2 |
0.3 |
|
Capital Employed per Employee |
0.0 |
0.1 |
0.1 |
0.3 |
0.3 |
|
Tangible Assets per Employee |
0.2 |
0.3 |
0.2 |
0.2 |
0.1 |
|
Total Assets per Employee |
0.4 |
0.5 |
0.4 |
0.5 |
0.4 |
|
Employee Remuneration by Sales |
30.54% |
37.78% |
44.64% |
43.91% |
34.06% |
|
Creditor Days (Cost of Sales Based) |
60.39 |
102.71 |
135.21 |
69.72 |
65.97 |
|
Creditor Days (Sales Based) |
47.99 |
69.91 |
73.60 |
43.89 |
45.25 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.67 |
|
|
1 |
Rs.82.53 |
|
Euro |
1 |
Rs.69.13 |
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.