MIRA INFORM REPORT
|
Report Date : |
27.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
INEOS CHLORVINYLS LTD. |
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Registered Office : |
P o Box 9 Runcorn Site Hq, South
Parade, Runcorn Cheshire, Runcorn, WA7 4JE |
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Country : |
United States |
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|
|
Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
11.09.2000 |
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Com. Reg. No.: |
04068812 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacturer of sulphur chemicals and a key player in the electrochemical technology field |
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No. of Employees
: |
913 persons |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 30th, 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 & address
Ineos Chlorvinyls Ltd.
Runcorn Site HQ
South Parade
PO Box 9
Runcorn, WA7 4JE
United Kingdom
Tel: 01928 561111
Fax: 01928 515253
Web: www.ineoschlor.com
Synthesis
Employees: 913
Company Type: Private Subsidiary
Corporate Family: 101
Companies
Ultimate Parent: INEOS AG
Quoted Status: Non-quoted Company
Incorporation Date: 11-Sep-2000
Auditor: PricewaterhouseCoopers LLP
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: British
Pound Sterling
Annual Sales: 607.3
1
Net Income: (6.8)
Total Assets: 592.1
Business Description
INEOS Chlor Ltd.,
part of the INEOS network of companies, is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives. INEOS Chlor is
also a leading manufacturer of sulphur chemicals and a key player in the
electrochemical technology field. The company’s position as an industry
leader is built on its ability to recognise trends and opportunities in market
demands and to respond to and exceed customers’ needs. INEOS Chlor’s
portfolio includes numerous products that are market leaders in Europe and
throughout the world. Chlorine and caustic soda occupy second position in
Europe. INEOS Chlor is one of the largest chlorinated paraffins producers in
the world and operates one of the world's largest trichloroethylene and
chloromethanes plants. Additionally, INEOS Chlor is one of the top producers of
sulphur chemical products in the United Kingdom. INEOS Chlor Ltd. maintains its
head office in Runcorn, Cheshire. (Updated by OneSource Information Services)
Industry
Industry Chemical Manufacturing
ANZSIC 2006: 1811 - Industrial Gas Manufacturing
NACE 2002: 2411 - Manufacture of industrial gases
NAICS 2002: 325120 -
Industrial Gas Manufacturing
UK SIC 2003: 2411 - Manufacture
of industrial gases
US SIC 1987: 2813 - Industrial
Gases
Key Executives
|
Name |
Title |
|
Christopher E Tane |
Chief Executive Officer |
|
Michael J Maher |
Finance Director |
|
Simon Wilson |
Business Training & Development Manager |
|
Otto Schnurr |
Operations Director |
|
Adrienne Austin |
Pension Fund Manager |
news
|
Title |
Date |
|
Tessenderlo
Chemie NV exits commodities and transforms into a global specialty group
Conference Call - Final |
31-Aug-2011 |
|
Global
Dichloroethane Market to Reach 53.8 Million Metric Tons in 2017, According to
New Report by Global Industry Analysts, Inc. |
24-Aug-2011 |
|
Kerling
Completes acquisition of Tessenderlo's European Chlor-Vinyls Business |
10-Aug-2011 |
|
NEWS:
Crotty leads Cogent |
14-Jul-2011 |
|
Tessenderlo
sells PVC, chlor-alkali to INEOS... |
20-Jun-2011 |
Financial Summary
Financial Summary
FYE: 31-Dec-2010 USD (mil)
Key Figures
Current Assets 162.98
Fixed Assets 429.14
Total Liabilities 162.51
Net Worth 182.71
Key Ratios
Current Ratio 1.00
Acid Test 0.55
Debt Gearing 0.34
Registered No.(UK): 04068812
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6475734
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6387123
Corporate Overview
Location
Runcorn Site HQ
South Parade
PO Box 9
Runcorn, WA7 4JE
Cheshire County
United Kingdom
Tel: 01928 561111
Fax: 01928 515253
Web: www.ineoschlor.com
Sales GBP(mil): 393.3
Assets GBP(mil): 378.2
Employees: 913
Fiscal Year End: 31-Dec-2010
Industry: Chemical Manufacturing
Registered
Address:
Po Box 9 Runcorn Site Hq
South Parade
Runcorn Cheshire
Runcorn, WA7 4JE
United Kingdom
Incorporation Date: 11-Sep-2000
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Previous Name: INEOS Chlor Ltd
Registered No.(UK): 04068812
Chief Executive Officer: Christopher
E Tane
Contents
· Industry Codes
· Business Description
· Financial Data
· Subsidiaries
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
1812 - Basic Organic Chemical Manufacturing
1813 - Basic Inorganic Chemical Manufacturing
1811 - Industrial Gas Manufacturing
NACE 2002 Codes:
2411 - Manufacture of industrial gases
2414 - Manufacture of other organic basic chemicals
2413 - Manufacture of other inorganic basic chemicals
NAICS 2002 Codes:
325120 - Industrial Gas Manufacturing
32518 - Other Basic Inorganic Chemical Manufacturing
32519 - Other Basic Organic Chemical Manufacturing
US SIC 1987:
2869 - Industrial Organic Chemicals, Not Elsewhere Classified
2819 - Industrial Inorganic Chemicals, Not Elsewhere Classified
2813 - Industrial Gases
UK SIC 2003:
2414 - Manufacture of other organic basic chemicals
2411 - Manufacture of industrial gases
2413 - Manufacture of other inorganic basic chemicals
Business
Description
INEOS Chlor Ltd.,
part of the INEOS network of companies, is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives. INEOS Chlor is
also a leading manufacturer of sulphur chemicals and a key player in the
electrochemical technology field. The company’s position as an industry
leader is built on its ability to recognise trends and opportunities in market
demands and to respond to and exceed customers’ needs. INEOS Chlor’s
portfolio includes numerous products that are market leaders in Europe and
throughout the world. Chlorine and caustic soda occupy second position in
Europe. INEOS Chlor is one of the largest chlorinated paraffins producers in
the world and operates one of the world's largest trichloroethylene and
chloromethanes plants. Additionally, INEOS Chlor is one of the top producers of
sulphur chemical products in the United Kingdom. INEOS Chlor Ltd. maintains its
head office in Runcorn, Cheshire. (Updated by OneSource Information Services)
More Business Descriptions
INEOS Chlor is one
of the major chlor-alkali producers in Europe and a global leader in chlorine
derivatives. The company is also a leading manufacturer of sulphur chemicals
and a key player in the field of electrochemical technology
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Corporate Family |
Corporate
Structure News: |
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Ineos Chlorvinyls
Ltd. |
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|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Rolle |
Switzerland |
Oil and Gas Operations |
28,400.0 |
15,500 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
30,344.8 |
8,458 |
|
|
Subsidiary |
Kaln |
Germany |
Fabricated Plastic and Rubber |
1,759.2 |
2,080 |
|
|
Subsidiary |
Oslo |
Norway |
Chemical Manufacturing |
176.0 |
1,690 |
|
|
Subsidiary |
Hamburg |
Germany |
Chemicals - Plastics and Rubber |
1.0 |
5 |
|
|
Subsidiary |
Lavera |
France |
Fabricated Plastic and Rubber |
772.2 |
1,197 |
|
|
Subsidiary |
Venezia |
Italy |
Fabricated Plastic and Rubber |
369.3 |
435 |
|
|
Subsidiary |
Wilhelmshaven |
Germany |
Fabricated Plastic and Rubber |
142.5 |
410 |
|
|
Subsidiary |
Mumbai |
India |
Containers and Packaging |
41.9 |
356 |
|
|
Subsidiary |
La Porte, TX |
United States |
Retail (Specialty) |
162.4 |
350 |
|
|
Subsidiary |
Stathelle |
Norway |
Chemicals - Plastics and Rubber |
730.8 |
337 |
|
|
Subsidiary |
Stenungsund, Västra Gataland |
Sweden |
Chemical Manufacturing |
295.8 |
332 |
|
|
Subsidiary |
Danderyd |
Sweden |
Chemical Manufacturing |
94.0 |
5 |
|
|
Subsidiary |
Gladbeck |
Germany |
Chemical Manufacturing |
2,348.6 |
300 |
|
|
Subsidiary |
Lima, OH |
United States |
Chemical Manufacturing |
164.7 |
300 |
|
|
Branch |
Port Arthur, TX |
United States |
Chemical Manufacturing |
230.2 |
230 |
|
|
Subsidiary |
Beveren-Waas |
Belgium |
Chemical Manufacturing |
250.7 |
208 |
|
|
Subsidiary |
Feluy |
Belgium |
Chemical Manufacturing |
87.3 |
199 |
|
|
Subsidiary |
Kaln, Nordrhein-Westfalen |
Germany |
Fabricated Plastic and Rubber |
343.3 |
174 |
|
|
Subsidiary |
Vadodara |
India |
Chemical Manufacturing |
163.6 |
84,230 |
|
|
Subsidiary |
Tarragona |
Spain |
Chemical Manufacturing |
193.1 |
239 |
|
|
Subsidiary |
Rayong |
Thailand |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Mainz, Rheinland-Pfalz |
Germany |
Chemical Manufacturing |
73.0 |
151 |
|
|
Subsidiary |
Channahon, IL |
United States |
Fabricated Plastic and Rubber |
3,100.0 |
150 |
|
|
Branch |
Pasadena, TX |
United States |
Chemical Manufacturing |
125.5 |
112 |
|
|
Branch |
Indian Orchard, MA |
United States |
Fabricated Plastic and Rubber |
101.9 |
85 |
|
|
Subsidiary |
Fribourg |
Switzerland |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Chemicals - Plastics and Rubber |
36.3 |
149 |
|
|
Subsidiary |
Wingles |
France |
Fabricated Plastic and Rubber |
33.8 |
149 |
|
|
Subsidiary |
Ribecourt Dreslincourt |
France |
Chemicals - Plastics and Rubber |
15.9 |
73 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Chemical Manufacturing |
22.3 |
50 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Chemicals - Plastics and Rubber |
8.8 |
44 |
|
|
Subsidiary |
Marl |
Germany |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Theodore, AL |
United States |
Chemical Manufacturing |
82.4 |
150 |
|
|
Subsidiary |
Stathelle |
Norway |
Chemicals - Plastics and Rubber |
421.3 |
143 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Business Services |
72.1 |
138 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
0.3 |
|
|
|
Subsidiary |
Frankfurt Am Main, Hessen |
Germany |
Fabricated Plastic and Rubber |
95.4 |
114 |
|
|
Subsidiary |
North Bend, OH |
United States |
Chemicals - Plastics and Rubber |
28.0 |
26 |
|
|
Subsidiary |
Wilhelmshaven, Niedersachsen |
Germany |
Chemical Manufacturing |
462.8 |
25 |
|
|
Subsidiary |
Cary, IL |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Subsidiary |
Martigues |
France |
Chemical Manufacturing |
696.7 |
14 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Chemical Manufacturing |
2.9 |
5 |
|
|
Subsidiary |
Kaln, Nordrhein-Westfalen |
Germany |
Chemical Manufacturing |
792.4 |
2 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
24.8 |
22 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
|
155.7 |
|
|
|
Subsidiary |
Frodsham |
United Kingdom |
Chemicals - Plastics and Rubber |
10.6 |
39 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
306.5 |
441 |
|
|
Subsidiary |
Praksa Muang, Samut Prakan |
Thailand |
Chemical Manufacturing |
|
91 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Grangemouth |
United Kingdom |
Oil and Gas Operations |
696.3 |
1,205 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
20,463.8 |
244 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Oil and Gas Operations |
625.4 |
1 |
|
|
Subsidiary |
Middlesbrough |
United Kingdom |
Chemical Manufacturing |
530.7 |
209 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
58.4 |
43 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Business Services |
2.0 |
3 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Business Services |
0.0 |
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Middlesbrough |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Insurance (Life) |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Engineering Consultants |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Oslo |
Norway |
Chemicals - Plastics and Rubber |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Fabricated Plastic and Rubber |
344.8 |
321 |
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
|
|
|
|
|
Subsidiary |
Thornton Cleveleys |
United Kingdom |
Chemicals - Plastics and Rubber |
795.6 |
165 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Hampshire |
United Kingdom |
Public Sector and Government |
0.0 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
607.3 |
913 |
|
|
Subsidiary |
Wilhelmshaven |
Germany |
Chemical Manufacturing |
63.6 |
150 |
|
|
Subsidiary |
Verdun |
France |
Chemical Manufacturing |
15.7 |
115 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
0.2 |
79 |
|
|
Subsidiary |
Barcelona |
Spain |
Chemical Manufacturing |
3.3 |
4 |
|
|
Subsidiary |
Wilmington, DE |
United States |
Miscellaneous Capital Goods |
2.8 |
3 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Marl |
Germany |
Chemical Manufacturing |
|
|
|
|
INEOS Films &
Compounds |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Staufen |
Germany |
Chemical Manufacturing |
90.1 |
580 |
|
|
Subsidiary |
New Castle, DE |
United States |
Miscellaneous Fabricated Products |
12.6 |
65 |
|
|
Subsidiary |
Helsingborg, Skåne |
Sweden |
Chemical Manufacturing |
36.0 |
58 |
|
|
Subsidiary |
Sins, Aargovia |
Switzerland |
Chemical Manufacturing |
|
35 |
|
|
Subsidiary |
Mourmelon Le Grand |
France |
Fabricated Plastic and Rubber |
8.5 |
34 |
|
|
Subsidiary |
Castiglione Olona |
Italy |
Chemical Manufacturing |
|
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Executive report
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Directors and Shareholders Report
|
Main Office
Address: |
Tel: 01928
561111 |
Annual Return Date: 28 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 |
26 Feb 1968 |
Cae Mynydd, Pentre Minera, |
03 Feb 2006 |
NA |
Current:31 |
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Current |
12 Nov 1959 |
Po Box 9 Runcorn Site Hq, South Parade, |
07 Feb 2008 |
NA |
Current:8 |
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|
|
Current |
22 May 1959 |
1 Glastonbury Close, |
14 Sep 2009 |
NA |
Current:14 |
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|
Current |
18 Feb 1955 |
Po Box 9 Runcorn Site Hq, South Parade, |
01 Jan 2011 |
NA |
Current:9 |
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|
|
Current |
06 Oct 1951 |
Hawkslease, Chapel Lane, |
05 Sep 2011 |
NA |
Current:9 |
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|
Current |
22 Apr 1956 |
Bo'ness Road, Grangemouth, |
24 Sep 2003 |
NA |
Current:8 |
|
|
|
Current |
02 Aug 1956 |
Po Box 9 Runcorn Site Hq, South Parade Runcorn, |
23 Jul 2001 |
NA |
Current:19 |
|
|
|
Previous |
04 Nov 1953 |
Charles Stewart House 9-16 Chambers Street, |
06 Dec 2000 |
16 Jan 2001 |
Current:8 |
|
|
|
Previous |
22 Apr 1944 |
Torran, 22 The Ridings, |
23 Jul 2001 |
20 Dec 2002 |
Current:3 |
|
|
|
Previous |
20 Jun 1963 |
Hawkslease, Chapel Lane, |
23 Jul 2001 |
03 Feb 2006 |
Current:10 |
|
|
|
Previous |
20 Oct 1956 |
152 Burdon Lane, |
03 Feb 2006 |
05 Sep 2011 |
Current:10 |
|
|
|
Previous |
14 Jul 1955 |
The Hexagon Oakfield, Hawkhurst, |
31 Dec 2003 |
25 Oct 2004 |
Current:7 |
|
|
|
Previous |
25 Nov 1947 |
Po Box 9 Runcorn Site Hq, South Parade Runcorn, |
28 Feb 2007 |
01 Jan 2011 |
Current:0 |
|
|
|
Previous |
28 Jun 1946 |
2 Marton Avenue, |
23 Jul 2001 |
24 Sep 2003 |
Current:0 |
|
|
|
Previous |
04 Dec 1955 |
South Marden, Rhinefield Road, |
09 Jan 2001 |
09 Aug 2001 |
Current:0 |
|
|
|
Previous |
19 Nov 1947 |
3Rd Floor 38 Lombard Street, |
24 Sep 2003 |
25 Oct 2004 |
Current:5 |
|
|
|
Previous |
23 May 1934 |
Deer Lane Cottage, Boldre Lane, |
01 Feb 2001 |
31 Dec 2002 |
Current:0 |
|
|
|
Previous |
07 Mar 1957 |
1 The Cedars, |
09 Jan 2001 |
09 Aug 2001 |
Current:0 |
|
|
|
Previous |
18 Oct 1952 |
Hawkslease House, Chapel Lane, |
31 Dec 2003 |
14 Sep 2009 |
Current:0 |
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|
Previous |
04 May 1947 |
Seb, Nachtegaelstraat 913 B41, |
18 Dec 2002 |
03 Feb 2006 |
Current:0 |
|
|
|
Previous |
08 Dec 1963 |
Bo'ness Road, Grangemouth, |
01 Feb 2001 |
24 Sep 2003 |
Current:1 |
|
|
|
Previous |
20 Apr 1941 |
Flat F 11 Queens Gate Terrace, |
NA |
16 Jan 2001 |
Current:0 |
|
|
|
Previous |
06 May 1953 |
14 Lyme Grove, |
23 Jul 2001 |
28 Feb 2007 |
Current:1 |
|
|
|
Previous |
20 Jun 1968 |
6 Bellflower Way, |
23 Mar 2009 |
24 Mar 2009 |
Current:52 |
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Corporate Directors |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
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Mawlaw Corporate Services Limited |
Previous |
20 Black Friars Lane, |
11 Sep 2000 |
31 Oct 2000 |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
25 Jun 1958 |
Runcorn Site Hq South Parade, P.O.Box 9, |
10 Oct 2005 |
NA |
Current:22 |
|
|
|
Current |
06 May 1953 |
14 Lyme Grove, |
30 Aug 2003 |
NA |
Current:1 |
|
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|
Previous |
04 Nov 1953 |
Charles Stewart House 9-16 Chambers Street, |
01 Feb 2001 |
01 Apr 2001 |
Current:8 |
|
|
|
Previous |
20 Jun 1963 |
Hawkslease, Chapel Lane, |
08 Aug 2003 |
10 Oct 2005 |
Current:10 |
|
|
|
Previous |
07 Mar 1957 |
1 The Cedars, |
09 Jan 2001 |
01 Feb 2001 |
Current:0 |
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Corporate Secretaries |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
Mawlaw Secretaries Limited |
Previous |
201 Bishopsgate, |
11 Sep 2000 |
16 Jan 2001 |
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Individual Shareholders |
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There are no individual shareholders for this company. |
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Corporate Shareholders |
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Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
04772918 |
15 Ordinary GBP 1.00 |
Ordinary |
15 |
1.00 |
15.00 |
0.45 |
|
|
04772918 |
2215 Non Convertible Deferred GBP 1.00 |
Non Convertible Deferred |
2,215 |
1.00 |
2,215.00 |
66.82 |
|
|
04772918 |
1000 Non,Voting GBP 1.00 |
Non,Voting |
1,000 |
1.00 |
1,000.00 |
30.17 |
|
|
04772918 |
85 Conv Non Participating GBP 1.00 |
Conv Non Participating |
85 |
1.00 |
85.00 |
2.56 |
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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 |
52 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) |
283.5 |
338.4 |
390.0 |
381.7 |
342.8 |
|
Turnover (Exports) |
323.8 |
281.4 |
468.3 |
432.7 |
338.0 |
|
Total Turnover |
607.3 |
619.8 |
858.4 |
814.4 |
680.9 |
|
Cost of Sales |
473.8 |
484.2 |
786.7 |
635.8 |
549.6 |
|
Gross Profit |
133.6 |
135.6 |
71.7 |
178.6 |
131.2 |
|
Depreciation |
4.3 |
39.8 |
60.7 |
59.2 |
35.5 |
|
Other Expenses |
124.2 |
109.4 |
159.3 |
190.9 |
164.5 |
|
Other Income |
4.8 |
10.0 |
26.0 |
6.4 |
8.3 |
|
Interest Paid |
19.3 |
18.6 |
63.4 |
47.6 |
30.9 |
|
Exceptional Income |
0.0 |
82.3 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
- |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
-5.1 |
99.9 |
-125.0 |
-53.4 |
-55.9 |
|
Tax Payable / Credit |
1.7 |
36.5 |
-54.3 |
-5.4 |
-4.0 |
|
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 |
-6.8 |
63.4 |
-70.8 |
-48.0 |
-51.9 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Non Audit Fees |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
Number of Employees |
913 |
938 |
993 |
1,027 |
1,104 |
|
Wages |
58.2 |
59.2 |
72.8 |
92.0 |
80.4 |
|
Social Security Costs |
4.8 |
4.8 |
6.8 |
7.8 |
6.3 |
|
Pensions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
11.9 |
10.4 |
13.9 |
18.2 |
12.9 |
|
Employees Remuneration |
74.9 |
74.5 |
93.5 |
118.0 |
99.6 |
|
Directors Emoluments |
0.3 |
0.6 |
0.6 |
0.7 |
0.6 |
|
Other Costs |
0.3 |
0.5 |
0.5 |
0.5 |
0.2 |
|
Directors Remuneration |
0.6 |
1.1 |
1.1 |
1.2 |
0.8 |
|
Highest Paid Director |
0.3 |
0.4 |
0.4 |
0.6 |
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 |
36.2 |
21.8 |
28.3 |
51.2 |
127.8 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Plant & Vehicles |
384.1 |
449.3 |
431.2 |
670.2 |
577.9 |
|
Total Tangible Fixed Assets |
420.2 |
471.1 |
459.5 |
721.4 |
705.7 |
|
Intangible Assets |
0.0 |
0.2 |
0.6 |
2.0 |
2.3 |
|
Investments |
8.9 |
1.1 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
429.1 |
472.3 |
460.1 |
723.4 |
708.1 |
|
Stocks |
72.5 |
31.5 |
44.3 |
48.2 |
- |
|
Work in Progress |
0.8 |
1.3 |
1.6 |
2.6 |
- |
|
Total Stocks Work In Progress |
73.3 |
32.8 |
45.9 |
50.8 |
38.8 |
|
Trade Debtors |
29.7 |
5.7 |
10.8 |
9.2 |
13.7 |
|
Inter-Company Debtors |
41.3 |
229.1 |
181.9 |
150.1 |
117.4 |
|
Other Debtors |
16.6 |
13.4 |
13.9 |
15.9 |
13.1 |
|
Total Debtors |
87.7 |
248.2 |
206.6 |
175.2 |
144.2 |
|
Cash and Equivalents |
0.0 |
2.3 |
4.5 |
7.2 |
7.0 |
|
Other Current Assets |
2.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
163.0 |
283.2 |
256.9 |
233.1 |
190.0 |
|
Total Assets |
592.1 |
755.6 |
717.0 |
956.5 |
898.1 |
|
Trade Creditors |
28.7 |
45.9 |
65.8 |
72.7 |
91.4 |
|
Bank Overdraft |
- |
- |
- |
- |
0.0 |
|
Inter-Company Creditors |
97.7 |
125.2 |
82.4 |
46.6 |
11.4 |
|
Total Short Term Loans |
- |
- |
- |
- |
5.7 |
|
Accruals/Deferred Income (Current Liability) |
32.3 |
33.3 |
29.5 |
66.1 |
46.0 |
|
Social Security/VAT |
2.5 |
2.9 |
2.3 |
3.4 |
3.7 |
|
Other Current Liabilities |
1.4 |
2.9 |
7.2 |
13.9 |
25.2 |
|
Total Current Liabilities |
162.5 |
210.1 |
187.2 |
202.6 |
183.4 |
|
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 |
0.6 |
105.1 |
526.6 |
674.8 |
609.7 |
|
Accruals/Deferred Income (Long Term Liability) |
36.9 |
41.0 |
33.8 |
50.6 |
44.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
37.6 |
146.1 |
560.4 |
725.4 |
653.7 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
209.3 |
206.9 |
163.5 |
146.1 |
163.0 |
|
Total Provisions |
209.3 |
206.9 |
163.5 |
146.1 |
163.0 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
486.6 |
501.9 |
126.1 |
174.6 |
171.6 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
-303.9 |
-309.4 |
-320.2 |
-292.2 |
-273.6 |
|
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 |
182.7 |
192.5 |
-194.1 |
-117.6 |
-102.0 |
|
Net Worth |
182.7 |
192.3 |
-194.7 |
-119.6 |
-104.3 |
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 |
52 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 |
52 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 |
1.00 |
1.35 |
1.37 |
1.15 |
1.04 |
|
Liquidity Ratio |
0.55 |
1.19 |
1.13 |
0.90 |
0.82 |
|
Stock Turnover |
8.40 |
19.59 |
14.68 |
15.96 |
18.69 |
|
Credit Period (Days) |
17.63 |
3.21 |
5.85 |
4.12 |
6.91 |
|
Working Capital by Sales |
0.08% |
11.39% |
10.36% |
3.76% |
0.92% |
|
Trade Credit by Debtors |
0.96 |
8.11 |
6.11 |
7.93 |
6.67 |
|
Return on Capital |
-1.20% |
18.98% |
-18.51% |
-7.05% |
-8.32% |
|
Return on Assets |
-0.87% |
13.70% |
-13.68% |
-5.56% |
-6.62% |
|
Profit Margin |
-0.84% |
16.12% |
-14.56% |
-6.56% |
-8.22% |
|
Return on Shareholders Funds |
-2.83% |
53.78% |
- |
- |
- |
|
Borrowing Ratio |
53.81% |
119.73% |
-312.85% |
-603.00% |
-600.75% |
|
Equity Gearing |
30.86% |
25.48% |
-27.07% |
-12.30% |
-11.35% |
|
Debt Gearing |
0.34% |
54.66% |
-270.53% |
-564.06% |
-584.43% |
|
Interest Coverage |
-0.26 |
5.39 |
-1.97 |
-1.12 |
-1.81 |
|
Sales by Tangible Assets |
1.47 |
1.36 |
1.47 |
1.12 |
1.03 |
|
Average Remuneration per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Profit per Employee |
0.0 |
0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Sales per Employee |
0.7 |
0.7 |
0.7 |
0.8 |
0.7 |
|
Capital Employed per Employee |
0.5 |
0.6 |
0.5 |
0.7 |
0.6 |
|
Tangible Assets per Employee |
0.5 |
0.5 |
0.5 |
0.7 |
0.6 |
|
Total Assets per Employee |
0.6 |
0.8 |
0.7 |
0.9 |
0.8 |
|
Employee Remuneration by Sales |
12.33% |
12.02% |
10.89% |
14.49% |
14.62% |
|
Creditor Days (Cost of Sales Based) |
21.77 |
33.37 |
38.95 |
41.92 |
57.07 |
|
Creditor Days (Sales Based) |
16.98 |
26.07 |
35.70 |
32.73 |
46.07 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.82 |
|
UK Pound |
1 |
Rs.82.07 |
|
Euro |
1 |
Rs.68.93 |
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.