Company Identification Details
|
Subject Reported on
|
STEMCOR UK LIMITED
|
|
Registration Number
|
00495682
|
|
VAT Number
|
GB396902804
|
|
Address
|
LEVEL 27 CITY POINT, 1 ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Telephone
|
020 7775 3600
|
|
Facsimile
|
020 7775 3639
|
|
Email
|
suk@uk.stemcor.com
|
|
Web Address
|
www.stemcor.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 750,000
|
Payment Behaviour
|
( No Payment Analysis Data is Available )
|
|
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
00495682
|
|
VAT Number
|
GB396902804
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
22/05/1951
|
|
Registered Office
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
History
|
11/07/2001 : The
Registered Office address changed from FLOOR 27 CITY POINT, ONE ROPEMAKER
STREET, LO.
|
|
|
1/06/2001 : The
Registered Office address changed from WALKER HOUSE, 87 QUEEN VICTORIA
STREET, LONDO.
|
|
|
8/02/1988 : Change
of name from COUTINHO CARO U.K. LIMITED.
|
|
|
28/01/1983 : Change
of name from MORRISON.MARSHALL & HILL LIMITED.
|
|
Date of Last
Annual Return to Registry
|
11/07/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2010
|
|
Accounting
Reference Date
|
31/12
|
Operations
|
Activities
|
Steel and general merchants. Accounts expressed in US Dollars.
|
|
Nace Code
|
5152
|
|
Staff Employed
|
90
|
|
Import Countries
|
EUROPE
|
|
Export Countries
|
No Import Activity
|
|
Bankers
|
FORTIS BANK SA/NV
|
|
Address
|
23 CAMOMILE ST LONDON EC3A.
|
|
Sort Code
|
405262
|
|
Auditors
|
Deloitte LLP
|
|
Branches
|
WALKER HOUSE, 87
QUEEN VICTORIA STREET, LONDON, EC4V 4AL.
|
|
Associated Companies
|
ASD PLC
|
|
|
ASD PROPERTIES LTD
|
|
|
AYTON ENGINEERING
LTD
|
|
|
EUROSTEEL PRODUCTS
LTD
|
|
|
L.W LAMBOURN &
CO LTD
|
|
|
ROBERT FRAZER &
SONS LTD
|
|
|
STEMCOR AUSTRALIA
PTY LTD
|
|
|
STEMCOR INC, a
company incorporated in USA
|
|
|
STEMCOR SCA PTE, a
company incorporated in SINGAPORE
|
|
|
VANESCO LTD
|
|
|
VENESCO MARSHALL
& HILL LTD
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
21/05/2011
|
750,000
|
|
21/02/2011
|
750,000
|
|
21/11/2010
|
750,000
|
|
21/08/2010
|
750,000
|
|
21/05/2010
|
750,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
4
|
4
|
10
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
18/05/2011
|
Miscellaneous
|
|
13/04/2011
|
Miscellaneous
|
|
28/03/2011
|
Miscellaneous
|
|
28/02/2011
|
Miscellaneous
|
|
08/11/2010
|
Miscellaneous
|
|
03/11/2010
|
Miscellaneous
|
|
26/10/2010
|
Miscellaneous
|
|
31/08/2010
|
Miscellaneous
|
|
26/07/2010
|
Miscellaneous
|
|
25/06/2010
|
Miscellaneous
|
|
24/04/2010
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish
Decrees are recorded in our file.
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
71
|
|
Number Outstanding
|
26
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
45
|
|
|
|
|
Date of Latest Mortgage Created
|
14/03/2011
|
|
Date of Latest Satisfaction
|
16/06/2010
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
23/03/2011
|
14/03/2011
|
Security Over Cash Agreement
|
MG01
|
Commerzbank Aktiengesellschaft, London Branch (The Secured P
|
|
|
23/03/2011
|
14/03/2011
|
Pledge
|
MG01
|
Commerzbank Aktiengesellschaft, London Branch (The Secured P
|
|
|
09/10/2010
|
06/10/2010
|
Pledge
|
MG01
|
Banque De Commerce Et De Placements
|
|
|
07/05/2010
|
27/04/2010
|
Supplemental Memorandum Of Pledge
|
MG01
|
Standard Chartered Bank
|
|
|
19/03/2010
|
16/03/2010
|
Pledge
|
MG01
|
Zucher Kantonalbank
|
|
|
21/01/2010
|
13/01/2010
|
A Pledge Agreement
|
MG01
|
Banque Cantonale Vaudoise
|
|
|
01/09/2009
|
20/08/2009
|
Additional Account Charge
|
395
|
Bayerische Hypo-Und Vereinsbank Ag, London Branch (As Securi
|
|
|
15/04/2009
|
27/03/2009
|
Pledge And Charge Agreement
|
395
|
Ing Belgium, Brussels, Geneva Branch
|
|
|
28/10/2008
|
09/10/2008
|
Pledge
|
395
|
National Bank Of Greece S.A.
|
|
16/06/2010
|
28/10/2008
|
17/10/2008
|
Security Assignment
|
395
|
National Bank Of Greece S.A.
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
05/05/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
16/06/2010
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
|
|
03/03/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
25/01/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
15/05/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
14/05/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
26/09/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
20/01/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
16/01/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
20/09/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
06/06/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
27/11/2001
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
11/09/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
04/08/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
11/09/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
13/03/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
08/08/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
15/07/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
18/02/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
16/03/1996
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MR ANDREW STANLEY GOLDSMITH
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Appointment Date
|
19/05/2010
|
Directors
|
Financial Director
|
MR DAVID JOHN PAUL
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
14/10/1949
|
|
Appointment Date
|
01/09/1991
|
|
Other Directorships
|
STEEL PLATE
AND SECTIONS (SCOTLAND) LIMITED, STEMCOR EUROPE
LIMITED, EUROSTEEL LIMITED, EUROMETAL LIMITED, STEMCOR
LIMITED, LINK STEEL COMPANY LIMITED(THE), VANESCO
LIMITED, STEEL PLATE AND SECTIONS LIMITED, SECOND LINK STEEL
COMPANY LIMITED, EUROSTEEL UK LIMITED, STEMCOR HOLDINGS
LIMITED, STEMCOR TRADING SERVICES LIMITED, STEMCOR TRADE FINANCE
LIMITED, STEMCOR FINANCIAL SERVICES LIMITED, S.D.G.
LIMITED, L.W. LAMBOURN & CO. LIMITED, STEMCOR SHIPPING
LIMITED, STEMCOR PLATE HOLDINGS LIMITED, STEMCOR PELLETS LIMITED, THE
STEEL MARKETING CORPORATION LIMITED, STEMCOR STEEL LIMITED, SAMAC
STEEL SUPPLIES PLC, STEMCOR INVESTMENTS LIMITED, SAMAC AGENCY
LIMITED, STEMCOR ENGINEERING LIMITED, STEMCOR SPECIAL STEELS
LIMITED, READY STEEL UK LIMITED
|
|
Director
|
RALPH DAVID OPPENHEIMER
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/01/1941
|
|
Appointment Date
|
11/07/1991
|
|
Other Directorships
|
BARCLAY &
MATHIESON LIMITED, CLYDESIDE STEEL FABRICATIONS LIMITED, STEMCOR
EUROPE LIMITED, EUROMETAL LIMITED, STEMCOR
LIMITED, EUROSTEEL PRODUCTS LIMITED, STEMCOR HOLDINGS
LIMITED, STEMCOR TRADE FINANCE LIMITED, STEMCOR PELLETS LIMITED
|
|
Director
|
PHILIP MARTIN EDMONDS
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
31/08/1962
|
|
Appointment Date
|
01/06/1994
|
|
Other Directorships
|
STEMCOR RISK
MANAGEMENT AG, STEMCOR HOLDINGS LIMITED, ALPHASTEEL SALES LIMITED
|
|
Director
|
MR RICHARD JOHN SANDS
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
17/07/1956
|
|
Appointment Date
|
14/05/2008
|
|
Director
|
RICHARD NORMAN THOMAS
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/12/1957
|
|
Appointment Date
|
01/01/1997
|
|
Director
|
DAVID MICHAEL FAKTOR
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
28/11/1960
|
|
Appointment Date
|
01/01/1999
|
|
Other Directorships
|
STEMCOR
HOLDINGS LIMITED, L.W. LAMBOURN & CO. LIMITED
|
|
Director
|
MR MICHAEL GERARD BROOM
|
|
Service Address
|
FLOOR 27 CITY
POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
NEW ZEALAND
|
|
Date of Birth
|
08/11/1957
|
|
Appointment Date
|
05/05/2011
|
|
Other Directorships
|
STEEL PLATE
AND SECTIONS (SCOTLAND) LIMITED, EUROSTEEL LIMITED, EUROMETAL
LIMITED, LINK STEEL COMPANY LIMITED(THE), VANESCO
LIMITED, MONTREAL ROAD RESIDENTS ASSOCIATION LIMITED, STEEL PLATE
AND SECTIONS LIMITED, SECOND LINK STEEL COMPANY
LIMITED, EUROSTEEL UK LIMITED, STEMCOR HOLDINGS
LIMITED, STEMCOR TRADING SERVICES LIMITED, STEMCOR TRADE FINANCE
LIMITED, STEMCOR FINANCIAL SERVICES LIMITED, S.D.G.
LIMITED, L.W. LAMBOURN & CO. LIMITED, STEMCOR SHIPPING
LIMITED, STEMCOR PLATE HOLDINGS LIMITED, STEMCOR STEEL
LIMITED, SAMAC STEEL SUPPLIES PLC, STEMCOR INVESTMENTS
LIMITED, SAMAC AGENCY LIMITED, STEMCOR ENGINEERING
LIMITED, STEMCOR SPECIAL STEELS LIMITED, READY STEEL UK LIMITED
|
|
Director
|
ANTHONY WILLIAM DIXON
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
26/04/1966
|
|
Appointment Date
|
10/01/2003
|
|
Director
|
ANTONY DAVID BARLEY
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
11/11/1968
|
|
Appointment Date
|
09/01/2003
|
|
Other Directorships
|
L.W. LAMBOURN & CO. LIMITED
|
|
Director
|
MRS WENDY ALISON GILES
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/12/1961
|
|
Appointment Date
|
09/01/2003
|
|
Other Directorships
|
L.W. LAMBOURN & CO. LIMITED
|
|
Director
|
MR DANIEL GROSSMAN
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
01/10/1968
|
|
Appointment Date
|
14/05/2008
|
|
Accountant
|
MR TONY SMITH
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
14/05/1972
|
|
Appointment Date
|
14/05/2008
|
|
Director
|
MR NEIL COHEN
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
17/01/1974
|
|
Appointment Date
|
14/05/2008
|
|
Director
|
MR MICHAEL IVOR GAYLARD
|
|
Service Address
|
FLOOR 27 CITY POINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9ST.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
20/10/1961
|
|
Appointment Date
|
25/01/2010
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
4,750,000
|
|
Principal Shareholder
|
4,750,000 Stemcor Holdings Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
STEMCOR HOLDINGS LIMITED
|
|
Ultimate Parent
|
STEMCOR HOLDINGS LIMITED
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
SALES
|
3077487
|
2203776
|
3673130
|
2184768
|
|
Export
|
3077487
|
2203776
|
3673130
|
2184768
|
|
Cost of goods sold
|
3045223
|
2172448
|
3585112
|
2121906
|
|
GROSS PROFIT
|
32264
|
31328
|
88018
|
62862
|
|
Wages and Salaries
|
10590
|
10355
|
28473
|
13311
|
|
Directors Emoluments
|
3542
|
5093
|
3227
|
3021
|
|
Auditors Fees
|
174
|
232
|
225
|
182
|
|
Trading Profit
|
9602
|
10922
|
48003
|
37477
|
|
OPERATING PROFIT
|
9602
|
10922
|
48003
|
37477
|
|
Non Trading Income
|
1443
|
2334
|
10233
|
16808
|
|
Interest Payable
|
10187
|
9281
|
34363
|
38335
|
|
PRE TAX PROFIT
|
858
|
3975
|
23873
|
15950
|
|
Taxation
|
682
|
977
|
6944
|
4940
|
|
PROFIT AFTER TAX
|
176
|
2998
|
16929
|
11010
|
|
Dividends Payable
|
|
|
|
6017
|
|
RETAINED PROFITS
|
176
|
2998
|
16929
|
4993
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
TOTAL FIXED ASSETS
|
6052
|
6052
|
6052
|
6052
|
|
Tangible Assets
|
6052
|
6052
|
6052
|
6052
|
|
Due From Group
|
6052
|
6052
|
6052
|
6052
|
|
TOTAL CURRENT ASSETS
|
849003
|
525267
|
623445
|
1154693
|
|
Trade debtors
|
330450
|
211021
|
229540
|
257913
|
|
Stocks
|
39024
|
12840
|
2885
|
1633
|
|
Other Current Assets
|
479529
|
301406
|
391020
|
895147
|
|
Misc Current Assets
|
404861
|
199509
|
135815
|
288420
|
|
Due From Group
|
68985
|
82984
|
190211
|
480752
|
|
Cash
|
5683
|
18913
|
64994
|
125975
|
|
TOTAL ASSETS
|
855055
|
531319
|
629497
|
1160745
|
|
TOTAL CURRENT LIABILITIES
|
789808
|
459919
|
552924
|
1107567
|
|
Trade creditors
|
39077
|
40248
|
48517
|
143924
|
|
Short Term Loans
|
651518
|
314518
|
377896
|
863267
|
|
Bank Overdraft
|
537561
|
214239
|
194521
|
804705
|
|
Bank Loans
|
2287
|
11331
|
|
|
|
Due To Group
|
111670
|
88948
|
183375
|
58562
|
|
Other Liabilities
|
99213
|
105153
|
126511
|
100376
|
|
WORKING CAPITAL
|
59195
|
65348
|
70521
|
47126
|
|
TOTAL LONG TERM LIABS
|
4574
|
10903
|
19074
|
12608
|
|
Long Term Loans
|
4574
|
10903
|
19074
|
12608
|
|
Bank Loans
|
4574
|
10903
|
19074
|
12608
|
|
NET ASSETS/(LIABILITIES)
|
60673
|
60497
|
57499
|
40570
|
|
SHARE CAPITAL + RESERVES
|
60673
|
60497
|
57499
|
40570
|
|
Share Cap + Sundry Res
|
7187
|
7187
|
7187
|
7187
|
|
Issued Share Capital
|
7187
|
7187
|
7187
|
7187
|
|
Profit and Loss account
|
53486
|
53310
|
50312
|
33383
|
|
SHAREHOLDERS FUNDS
|
60673
|
60497
|
57499
|
40570
|
|
CAPITAL EMPLOYED
|
65247
|
71400
|
76573
|
53178
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
Directors Remuneration
|
3542
|
5093
|
3227
|
3021
|
|
Auditors Remuneration
|
174
|
232
|
225
|
182
|
|
Liquid Assets
|
336133
|
229934
|
294534
|
383888
|
|
Net Working Capital
|
59195
|
65348
|
70521
|
47126
|
|
Long Term Debt(>12 Months)
|
4574
|
10903
|
19074
|
12608
|
|
Tangible Net Worth(T.N.W)
|
60673
|
60497
|
57499
|
40570
|
|
Equity
|
60673
|
60497
|
57499
|
40570
|
|
Number of Years Trading
|
59
|
58
|
57
|
56
|
|
Number of Employees
|
90
|
79
|
69
|
68
|
|
Profit per Employee
|
9533.3
|
50316.5
|
345985.5
|
234558.8
|
|
Sales per Employee
|
34194300
|
27895898.7
|
53233768.1
|
32128941.2
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Current Ratio
|
1.1
|
1.1
|
1.1
|
1
|
|
Long Term Debt/T.N.W
|
0.1
|
0.2
|
0.3
|
0.3
|
|
Pre Tax Profit Margin%
|
|
0.2
|
0.6
|
0.7
|
|
Gross Profit%
|
1
|
1.4
|
2.4
|
2.9
|
|
Debtors Days (D.S.O)
|
39
|
35
|
23
|
43
|
|
Creditors Days (D.P.O)
|
5
|
7
|
5
|
24
|
|
Quick Ratio
|
1
|
1.1
|
1.1
|
1
|
|
W.I.P/Inventory Days
|
4.7
|
2.2
|
0.3
|
0.3
|
|
Return on Investment%
|
1.5
|
3.4
|
12.8
|
5.9
|
|
Return on Assets%
|
0.1
|
0.7
|
3.8
|
1.4
|
|
T.N.W/Total Assets%
|
7.1
|
11.4
|
9.1
|
3.5
|
|
Return on Capital%
|
1.3
|
5.6
|
31.2
|
30
|
|
Rtn on Shareholders Funds%
|
1.4
|
6.6
|
41.5
|
39.3
|
|
Working Capital/Sales%
|
1.9
|
3
|
1.9
|
2.2
|
|
Borrowing Ratio%
|
1081.4
|
537.9
|
690.4
|
2158.9
|
|
Equity Gearing%
|
7.6
|
12.8
|
10.1
|
3.6
|
|
Stock Turnover
|
78.9
|
171.6
|
1273.2
|
1337.9
|
|
Days Purchases Outstanding
|
4.7
|
6.8
|
4.9
|
24.8
|
|
Debt Gearing
|
7.5
|
18
|
33.2
|
31.1
|
Key Industry Sector Trends
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
62
|
4116
|
6392
|
6513
|
|
Pre-Tax Profit Margin
|
8.7
|
3.7
|
2.5
|
3.6
|
|
Current Ratio
|
1.6
|
1.6
|
1.7
|
1.5
|
|
Borrowing Ratio
|
59.8
|
92
|
94.6
|
104.4
|
|
Return on Capital
|
32.9
|
21.9
|
19.9
|
25.7
|
|
Creditors Days
|
27
|
54
|
51
|
54
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/12/2010.
Turnover
Turnover increased by 40 % in the period and now totals
USD 3,077,487,000.
Operating Profit
Totalled USD 9,602,000. In the year prior a Profit of USD
10,922,000 was achieved.
Pre Tax Profit
The subject's profit decreased by 78 % over the previous
year.
Working Capital
The company's working capital remains positive but reduced
by 9 % in the period.
Long Term Liabilities
The company's long term liabilities reduced during the
period by 58 % and are now 8 % of net worth compared with 18 % in the
previous period.
Long Term Liabilities
Long term liabilities are now 1 % of total liabilities
compared with 2 % in the previous period.
Long Term Liabilities
Long term liabilities are 7 % of capital employed, a
decrease of 8 % over the previous period.
|
