MIRA INFORM REPORT
|
Report Date : |
28.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
INEOS NEWTON AYCLIFFE LTD |
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Formerly Known As : |
Hydro Polymers Ltd |
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Registered Office : |
Runcorn Site Hq South Parade, Po
Box 9, Runcorn, WA7 4JE |
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Country : |
United Kingdom |
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|
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|
Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
26.04.1982 |
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Com. Reg. No.: |
01631120 |
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|
Legal Form : |
Private Subsidiary |
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|
|
Line of Business : |
manufacturers and suppliers of speciality chemicals |
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 : |
Unknown |
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|
|
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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 Newton Aycliffe Ltd
Aycliffe Business Park
Newton Aycliffe, DL5 6EA
United Kingdom
Tel: 01325 300555
Fax: 01325 300215
Web: www.ineos.com
Synthesis
Employees: 330
Company Type: Private Subsidiary
Corporate Family: 158
Companies
Ultimate Parent: Ineos
Ltd.
Quoted Status: Non-quoted Company
Incorporation Date:
26-Apr-1982
Auditor: PricewaterhouseCoopers LLP
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency: British
Pound Sterling
Annual Sales: 266.4
1
Net Income: (3.0)
Total Assets: 188.8
Business Description
Ineos Newton
Aycliffe Ltd. is one of the leading manufacturers and suppliers of speciality
chemicals in the United Kingdom. The company offers a range of anyhydrous
caustic soda, hydrochloric acid, sodium hypochlorite and chloroform. It markets
and distributes pharmaceuticals and chemicals under several brand names, such
as Bubble Logo, CERECLOR, MEFLEX, METHOKLONE, PERKLONE, SODAGRAIN, SODASTRAW,
TRIKLONE and TRISEC. In addition, the company owns and operates a number of
waste treatment plants that provide services for the treatment and disposal of
hazardous wastes. It also maintains a stock of caustic soda liquor, potassium
hydroxide, trichloroethylene, and polyvinyl chloride emulsions and monomers.
Industry
Industry Fabricated Plastic and
Rubber
ANZSIC 2006: 1919 - Other
Polymer Product Manufacturing
NACE 2002: 2524 - Manufacture
of other plastic products
NAICS 2002: 32619 - Other
Plastics Product Manufacturing
UK SIC 2003: 2524 - Manufacture
of other plastic products
US SIC 1987: 3089 - Plastics
Products, Not Elsewhere Classified
Key Executives
|
Name |
Title |
|
Zena Bird |
Financial Controller and Company Secretary |
|
Nora Bruceter |
PA to Sales Director |
|
Paul Frederick Nichols |
Secretary |
|
Michael J Maher |
Director |
|
Stephen J Reynolds |
Director |
Financial Summary
|
FYE: 31-Dec-2009 |
USD (mil) |
|
Key Figures |
|
|
Current Assets |
147.12 |
|
Fixed Assets |
41.72 |
|
Total Liabilities |
47.09 |
|
Net Worth |
106.66 |
|
Key Ratios |
|
|
Current Ratio |
3.12 |
|
Acid Test |
2.50 |
|
Debt Gearing |
30.28 |
1 -
Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6415077
2 -
Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6192526
Corporate Overview
Location
Aycliffe Business Park
Newton Aycliffe, DL5 6EA
County Durham County
United Kingdom
Tel: 01325 300555
Fax: 01325 300215
Web: www.ineos.com
Sales GBP(mil): 170.9
Assets GBP(mil): 116.9
Employees: 330
Fiscal Year End: 31-Dec-2009
Industry: Fabricated
Plastic and Rubber
Registered
Address:
Runcorn Site Hq South Parade
Po Box 9
Runcorn, WA7 4JE
United Kingdom
Incorporation Date: 26-Apr-1982
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Previous Name: Hydro
Polymers Ltd
Registered No.(UK): 01631120
Director: Michael
J Maher
Contents
· Industry Codes
· Business Description
· Brand/Trade Names
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
1919 - Other Polymer Product Manufacturing
NACE 2002 Codes:
2524 - Manufacture of other plastic products
NAICS 2002 Codes:
32619 - Other Plastics Product Manufacturing
US SIC 1987:
3089 - Plastics Products, Not Elsewhere Classified
UK SIC 2003:
2524 - Manufacture of other plastic products
Business
Description
Ineos Newton
Aycliffe Ltd. is one of the leading manufacturers and suppliers of speciality
chemicals in the United Kingdom. The company offers a range of anyhydrous
caustic soda, hydrochloric acid, sodium hypochlorite and chloroform. It markets
and distributes pharmaceuticals and chemicals under several brand names, such
as Bubble Logo, CERECLOR, MEFLEX, METHOKLONE, PERKLONE, SODAGRAIN, SODASTRAW,
TRIKLONE and TRISEC. In addition, the company owns and operates a number of
waste treatment plants that provide services for the treatment and disposal of
hazardous wastes. It also maintains a stock of caustic soda liquor, potassium
hydroxide, trichloroethylene, and polyvinyl chloride emulsions and monomers.
Source: OneSource
More Business Descriptions
Hydro Polymers
Ltd. is a private subsidiary of Norsk Hydro ASA. Norsk Hydro ASA is a Fortune
500 company with operations in nearly 40 countries spanning the globe. The
company is one of the leading offshore producers of oil, suppliers of aluminium
and pioneers in renewable energy and energy efficient solutions. It operates
production facilities in Scandinavia and the United Kingdom. The company is in
the Northern European market for plastic raw material polyvinyl chloride,
intermediary product, vinyl chloride monomer and caustic soda used in the
Nordic pulp and paper industry. Norsk Hydro ASA also has interests in
petrochemical operations in Norway, Qatar, China and Portugal. Hydro Polymers
Ltd., incorporated in 1982, maintains its head offices in Newton Aycliffe,
County Durham. (Updated by OneSource Information Services)
Manufacture of PVC resins and PVC moulding and extrusion compounds
Plastics Raw Materials
All Other Chemical Product and Preparation Manufacturing
Brand/Trade Names
· Norvinyl PVC Resins
· Hy-Vin PVC Compounds
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Corporate Family |
Corporate
Structure News: |
|
|
|
|
Total Corporate Family Members: 158 |
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Lyndhurst |
United Kingdom |
Commercial Banks |
26,169.2 |
13,616 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
25,140.6 |
11,949 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
1,695.2 |
8 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Chemical Manufacturing |
544.6 |
439 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Chemical Manufacturing |
5.1 |
17 |
|
|
Subsidiary |
Freeport, TX |
United States |
Chemical Manufacturing |
14.0 |
14 |
|
|
Subsidiary |
Houston, TX |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Barcelona |
Spain |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Fayetteville, AR |
United States |
Engineering Consultants |
6.2 |
30 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Köln |
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 |
London |
United Kingdom |
Oil and Gas Operations |
|
5 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lavera |
France |
Fabricated Plastic and Rubber |
772.2 |
1,216 |
|
|
Subsidiary |
Channahon, IL |
United States |
Fabricated Plastic and Rubber |
|
1,170 |
|
|
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 |
Ribecourt Dreslincourt |
France |
Chemicals - Plastics and Rubber |
18.8 |
73 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Chemical Manufacturing |
22.3 |
50 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Chemicals - Plastics and Rubber |
8.8 |
44 |
|
|
Subsidiary |
Wingles |
France |
Fabricated Plastic and Rubber |
40.8 |
|
|
|
Subsidiary |
Marl |
Germany |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
914.1 |
1,037 |
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Fabricated Plastic and Rubber |
266.4 |
330 |
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Thornton Cleveleys |
United Kingdom |
Chemicals - Plastics and Rubber |
837.4 |
196 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Investment Services |
|
|
|
|
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 |
48.8 |
115 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
0.2 |
79 |
|
|
Subsidiary |
Barcelona |
Spain |
Miscellaneous Capital Goods |
4.3 |
12 |
|
|
Subsidiary |
Wilmington, DE |
United States |
Miscellaneous Capital Goods |
2.8 |
3 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Venezia, Venezia (Venice) |
Italy |
Fabricated Plastic and Rubber |
369.3 |
435 |
|
|
Subsidiary |
Wilhelmshaven |
Germany |
Fabricated Plastic and Rubber |
142.5 |
410 |
|
|
Subsidiary |
Staufen |
Germany |
Fabricated Plastic and Rubber |
78.3 |
565 |
|
|
Subsidiary |
Castiglione Olona, VA |
Italy |
Fabricated Plastic and Rubber |
|
210 |
|
|
Subsidiary |
Staufen Im Breisgau, Baden-Württemberg |
Germany |
Chemical Manufacturing |
178.3 |
45 |
|
|
Subsidiary |
Mumbai |
India |
Containers and Packaging |
41.9 |
359 |
|
|
Subsidiary |
Stathelle |
Norway |
Chemicals - Plastics and Rubber |
730.8 |
337 |
|
|
Subsidiary |
Stenungsund, Västra Götaland |
Sweden |
Chemical Manufacturing |
257.9 |
334 |
|
|
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 |
92.4 |
201 |
|
|
Subsidiary |
Mainz, Rheinland-Pfalz |
Germany |
Chemical Manufacturing |
57.7 |
178 |
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Fabricated Plastic and Rubber |
343.3 |
174 |
|
|
Subsidiary |
Vadodara |
India |
Chemical Manufacturing |
163.6 |
84,230 |
|
|
Subsidiary |
Tarragona |
Spain |
Chemical Manufacturing |
285.4 |
282 |
|
|
Subsidiary |
Rayong |
Thailand |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Theodore, AL |
United States |
Chemical Manufacturing |
82.4 |
150 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
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 |
La Porte, TX |
United States |
Retail (Specialty) |
16.2 |
35 |
|
|
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 |
Stathelle |
Norway |
Chemicals - Plastics and Rubber |
740.8 |
16 |
|
|
Subsidiary |
Martigues |
France |
Chemical Manufacturing |
901.4 |
14 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Chemical Manufacturing |
2.9 |
5 |
|
|
Subsidiary |
Köln, 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 |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Grangemouth |
United Kingdom |
Oil and Gas Operations |
606.5 |
1,210 |
|
|
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 |
358.6 |
213 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
54.1 |
43 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Business Services |
2.9 |
6 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Engineering Consultants |
0.2 |
|
|
|
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 |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Oslo |
Norway |
Chemicals - Plastics and Rubber |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
306.5 |
441 |
|
|
Subsidiary |
Samutprakarn |
Thailand |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Marl |
Germany |
Chemical Manufacturing |
|
|
|
|
INEOS Olefins & Polymers Europe |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Stathelle, Telemark |
Norway |
Fabricated Plastic and Rubber |
4,463.1 |
221 |
|
|
Subsidiary |
Rosignano Marittimo, Livorno (Leghorn) |
Italy |
Fabricated Plastic and Rubber |
44.3 |
186 |
|
|
Subsidiary |
Stathelle |
Norway |
Chemical Manufacturing |
113.4 |
170 |
|
|
Subsidiary |
Stathelle, Telemark |
Norway |
Business Services |
5.6 |
38 |
|
|
Subsidiary |
Geel |
Belgium |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Shanghai |
China |
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 |
28.9 |
55 |
|
|
Subsidiary |
Mourmelon Le Grand |
France |
Fabricated Plastic and Rubber |
17.8 |
34 |
|
|
Subsidiary |
Castiglione Olona |
Italy |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Sins |
Switzerland |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Financial Services |
2,582.4 |
3,112 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Manufacturing |
173.0 |
220 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Mihara |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Sheffield |
United Kingdom |
Non-Metallic Mining |
11.6 |
62 |
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
2 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Branch |
Joliet, IL |
United States |
Chemical Manufacturing |
69.8 |
143 |
|
|
Subsidiary |
Wadeville |
South Africa |
Chemical Manufacturing |
|
65 |
|
|
Subsidiary |
Warrington |
United Kingdom |
Chemical Manufacturing |
|
4 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Nonclassifiable Industries |
|
|
Executive report
|
Executives
|
|
|
|||
|
Financial Controller and Company Secretary |
Administration Executive |
|||
|
Secretary |
Company Secretary |
|||
|
PA to Sales Director |
Sales Executive |
Directors and Shareholders Report
|
Main Office Address: |
Tel: 01325 300555 |
Annual Return Date: 04 May 2011 |
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
18 Apr 1954 |
Ineos School Aycliffe Lane, Aycliffe Business Park, |
01 Feb 2008 |
NA |
Current:2 |
|
|
|
Current |
18 Oct 1957 |
Littlebourn, Shirley Holms Road, |
04 Jan 2011 |
NA |
Current:16 |
|
|
|
Current |
26 Oct 1967 |
Runcorn Site Hq South Parade, Po Box 9, |
18 Sep 2007 |
NA |
Current:1 |
|
|
|
Current |
06 Oct 1951 |
Hawkslease, Chapel Lane, |
09 May 2011 |
NA |
Current:7 |
|
|
|
Current |
26 Feb 1968 |
Runcorn Site Hq, South Parade Po Box 9, |
08 Sep 2009 |
NA |
Current:21 |
|
|
|
Current |
18 Feb 1955 |
Runcorn Site Hq South Parade, P.O.Box 9, |
04 Jan 2011 |
NA |
Current:2 |
|
|
|
Current |
02 Aug 1956 |
10 Cinder Close, |
01 Feb 2008 |
NA |
Current:21 |
|
|
|
Previous |
17 Nov 1942 |
Dagaliveien 12D, |
01 Jan 1994 |
31 Dec 1996 |
Current:0 |
|
|
|
Previous |
22 May 1942 |
Midtstugrenda 40, |
29 Apr 2004 |
05 May 2006 |
Current:0 |
|
|
|
Previous |
16 Jun 1954 |
Snekkerstuveien 27, Skedsmokorset 2020, |
29 Apr 1998 |
15 Jul 2006 |
Current:0 |
|
|
|
Previous |
29 Sep 1947 |
Idrettsveien 3 1342 Jar, |
NA |
31 Dec 1993 |
Current:0 |
|
|
|
Previous |
04 Sep 1953 |
Runcorn Site Hq, South Parade Po Box 9, |
08 Sep 2009 |
04 Jan 2011 |
Current:0 |
|
|
|
Previous |
11 Oct 1945 |
Heron Court, Linton, |
01 Oct 1992 |
16 Feb 2001 |
Current:0 |
|
|
|
Previous |
21 Sep 1946 |
11 Wynyard Court, |
15 Dec 1998 |
05 Oct 2004 |
Current:0 |
|
|
|
Previous |
24 Dec 1947 |
14 Wood Lane, |
24 Apr 2001 |
18 Sep 2007 |
Current:0 |
|
|
|
Previous |
07 Aug 1957 |
Chemin De La Biolleyre 30, |
24 Apr 2001 |
19 Oct 2004 |
Current:0 |
|
|
|
Previous |
14 Feb 1936 |
4 Barrack Lane, Aldwick, |
04 May 1991 |
15 Mar 1996 |
Current:0 |
|
|
|
Previous |
15 Aug 1963 |
Grimelundshaugen 18, |
19 Oct 2004 |
01 Jul 2007 |
Current:0 |
|
|
|
Previous |
NA |
4 Harald Harfagresgt 4, |
05 May 2006 |
08 Sep 2009 |
Current:0 |
|
|
|
Previous |
29 Mar 1946 |
Skogfaret 41, 1580 Rygge, |
04 May 1991 |
11 May 2007 |
Current:0 |
|
|
|
Previous |
04 Apr 1938 |
Bygdoy Alle 79, |
04 May 1991 |
15 Feb 1998 |
Current:0 |
|
|
|
Previous |
17 Jun 1937 |
20 Dunstall Road, Wimbledon, |
04 May 1991 |
31 Dec 2001 |
Current:1 |
|
|
|
Previous |
07 Feb 1947 |
Tingstuveien 16, |
29 May 2002 |
23 Feb 2007 |
Current:0 |
|
|
|
Previous |
NA |
Nordre Overberg, |
23 Feb 2007 |
08 Sep 2009 |
Current:0 |
|
|
|
Previous |
07 Aug 1958 |
Runcorn Site Hq South Parade, Po Box 9, |
01 Feb 2008 |
09 May 2011 |
Current:0 |
|
|
|
Previous |
25 Nov 1947 |
Runcorn Site Hq South Parade, P.O.Box 9, |
01 Feb 2008 |
01 Jan 2011 |
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 |
Runcorn Site Hq South Parade, Po Box 9, |
17 Feb 2011 |
NA |
Current:1 |
|
|
|
Previous |
26 Feb 1960 |
School Aycliffe Lane, Newton Aycliffe, |
29 Apr 2004 |
17 Feb 2011 |
Current:4 |
|
|
|
Previous |
05 Mar 1958 |
Bygdoylund 41, |
17 Mar 1995 |
19 Apr 1999 |
Current:0 |
|
|
|
Previous |
20 Feb 1932 |
Heathbarn Farm, |
04 May 1991 |
16 Mar 1995 |
Current:0 |
|
|
|
Previous |
12 Sep 1952 |
3 Windermere, |
19 Apr 1999 |
29 Apr 2004 |
Current:2 |
|
|
|
|
|
|
|
|
|
|
|
Corporate
Secretaries
There are no corporate secretaries for this
company.
|
Individual
Shareholders |
||||||
|
|
||||||
|
There are no individual shareholders for this company. |
||||||
|
|
||||||
|
|
||||||
|
|
|
|
|
|
|
|
|
Corporate
Shareholders |
|||||||
|
|
|||||||
|
Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
06179953 |
70800000 Ordinary GBP 1.00 |
Ordinary |
70,800,000 |
1.00 |
70,800,000.00 |
100.00 |
|
|
|
|||||||
Annual Profit & Loss
|
Financials
in: USD (mil) |
|
|
Except
for share items (millions) and per share items (actual units) |
|
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
0.550122 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
189.5 |
310.9 |
349.9 |
308.3 |
277.7 |
|
Turnover (Exports) |
76.9 |
82.0 |
85.9 |
86.0 |
48.3 |
|
Total Turnover |
266.4 |
392.9 |
435.8 |
394.3 |
326.0 |
|
Cost of Sales |
257.1 |
378.9 |
402.5 |
364.0 |
296.8 |
|
Gross Profit |
9.3 |
14.1 |
33.3 |
30.3 |
29.1 |
|
Depreciation |
10.8 |
13.8 |
16.3 |
15.6 |
15.3 |
|
Other Expenses |
20.6 |
24.0 |
31.3 |
26.8 |
22.8 |
|
Operating Profit |
- |
- |
2.0 |
- |
- |
|
Other Income |
8.8 |
21.4 |
2.7 |
1.1 |
1.4 |
|
Interest Paid |
8.1 |
0.2 |
1.7 |
4.9 |
6.4 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit Before Taxes |
-10.6 |
11.2 |
3.1 |
-0.2 |
1.3 |
|
Tax Payable / Credit |
-7.6 |
0.2 |
5.9 |
4.0 |
-12.0 |
|
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 |
-3.0 |
11.0 |
-2.9 |
-4.3 |
13.3 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.1 |
0.1 |
0.1 |
0.2 |
0.1 |
|
Non Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Number of Employees |
330 |
358 |
378 |
395 |
396 |
|
Wages |
16.7 |
22.3 |
26.0 |
22.4 |
20.2 |
|
Social Security Costs |
1.3 |
1.8 |
2.2 |
1.9 |
1.6 |
|
Pensions |
- |
- |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
1.7 |
2.6 |
3.3 |
3.8 |
5.4 |
|
Employees Remuneration |
19.7 |
26.8 |
31.5 |
28.1 |
27.3 |
|
Directors Emoluments |
- |
- |
0.4 |
0.3 |
0.3 |
|
Other Costs |
- |
- |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
0.5 |
0.3 |
0.4 |
0.3 |
0.3 |
|
Highest Paid Director |
0.3 |
- |
0.4 |
- |
- |
Annual Balance Sheet
Financials
in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
0.582496 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
9.1 |
10.1 |
- |
17.3 |
- |
|
Fixtures & Fittings |
0.0 |
0.0 |
- |
0.0 |
- |
|
Plant & Vehicles |
32.6 |
36.2 |
- |
70.8 |
- |
|
Total Tangible Fixed Assets |
41.7 |
46.3 |
77.9 |
88.1 |
86.4 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
41.7 |
46.3 |
77.9 |
88.1 |
86.4 |
|
Stocks |
29.2 |
20.9 |
46.9 |
40.5 |
34.0 |
|
Work in Progress |
0.2 |
0.2 |
0.4 |
0.2 |
0.2 |
|
Total Stocks Work In Progress |
29.5 |
21.0 |
47.3 |
40.7 |
34.2 |
|
Trade Debtors |
1.2 |
3.7 |
69.0 |
70.8 |
58.6 |
|
Inter-Company Debtors |
100.0 |
1.1 |
0.1 |
0.9 |
0.6 |
|
Other Debtors |
12.5 |
82.4 |
6.8 |
11.2 |
3.5 |
|
Total Debtors |
113.7 |
87.1 |
75.9 |
83.0 |
62.7 |
|
Cash and Equivalents |
3.4 |
16.9 |
19.9 |
16.5 |
23.1 |
|
Other Current Assets |
0.6 |
4.8 |
12.4 |
1.4 |
0.0 |
|
Total Current Assets |
147.1 |
129.8 |
155.5 |
141.6 |
120.0 |
|
Total Assets |
188.8 |
176.1 |
233.4 |
229.7 |
206.4 |
|
Trade Creditors |
14.6 |
15.9 |
20.3 |
26.3 |
13.1 |
|
Bank Overdraft |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Creditors |
28.9 |
19.7 |
23.9 |
23.9 |
74.4 |
|
Director Loans (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Finance Lease (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Finance Lease/Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Current Liability) |
3.1 |
6.4 |
5.5 |
5.7 |
4.6 |
|
Social Security/VAT |
0.5 |
0.4 |
2.9 |
1.7 |
2.7 |
|
Corporation Tax |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Liabilities |
47.1 |
42.4 |
52.6 |
57.7 |
94.8 |
|
Group Loans (Long Term Liability) |
32.3 |
28.8 |
39.8 |
39.1 |
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 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.3 |
0.6 |
0.7 |
0.8 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
2.7 |
0.0 |
|
Total Long Term Liabilities |
32.3 |
29.1 |
40.4 |
42.6 |
0.8 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
5.2 |
|
Other Provisions |
2.8 |
2.3 |
3.3 |
0.0 |
37.4 |
|
Total Provisions |
2.8 |
2.3 |
3.3 |
0.0 |
42.5 |
|
Issued Capital |
114.3 |
101.8 |
140.9 |
138.6 |
72.6 |
|
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 |
-7.7 |
0.6 |
-3.9 |
-9.1 |
-4.4 |
|
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 |
106.7 |
102.3 |
137.1 |
129.4 |
68.3 |
|
Net Worth |
106.7 |
102.3 |
137.1 |
129.4 |
68.3 |
Annual Cash Flows
Financials
in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
0.550122 |
|
Consolidated |
No |
No |
No |
No |
No |
Annual Ratios
Financials
in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
0.582496 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
3.12 |
3.06 |
2.95 |
2.45 |
1.27 |
|
Liquidity Ratio |
2.50 |
2.57 |
2.05 |
1.75 |
0.90 |
|
Stock Turnover |
9.37 |
14.66 |
9.17 |
10.30 |
9.00 |
|
Credit Period (Days) |
1.65 |
4.33 |
58.07 |
61.66 |
69.44 |
|
Working Capital by Sales |
36.25% |
28.37% |
23.71% |
20.01% |
8.17% |
|
Trade Credit by Debtors |
11.73 |
4.34 |
0.29 |
0.37 |
0.22 |
|
Return on Capital |
-7.72% |
6.56% |
1.69% |
-0.14% |
1.13% |
|
Return on Assets |
-5.80% |
4.98% |
1.31% |
-0.11% |
0.61% |
|
Profit Margin |
-3.97% |
2.85% |
0.71% |
-0.06% |
0.41% |
|
Return on Shareholders Funds |
-10.26% |
8.58% |
2.23% |
-0.19% |
1.85% |
|
Borrowing Ratio |
57.42% |
47.39% |
46.50% |
48.71% |
108.94% |
|
Equity Gearing |
56.48% |
58.10% |
58.73% |
56.36% |
33.07% |
|
Debt Gearing |
30.28% |
28.10% |
29.05% |
30.24% |
- |
|
Interest Coverage |
-1.30 |
47.71 |
1.84 |
-0.05 |
0.21 |
|
Sales by Tangible Assets |
6.61 |
6.66 |
5.57 |
4.76 |
3.56 |
|
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 |
0.8 |
0.9 |
1.1 |
1.1 |
0.8 |
|
Capital Employed per Employee |
0.4 |
0.4 |
0.5 |
0.4 |
0.3 |
|
Tangible Assets per Employee |
0.1 |
0.1 |
0.2 |
0.2 |
0.2 |
|
Total Assets per Employee |
0.6 |
0.5 |
0.6 |
0.6 |
0.5 |
|
Employee Remuneration by Sales |
7.40% |
6.82% |
7.23% |
7.13% |
8.37% |
|
Creditor Days (Cost of Sales Based) |
20.06 |
19.47 |
18.47 |
24.83 |
17.10 |
|
Creditor Days (Sales Based) |
19.36 |
18.77 |
17.06 |
22.92 |
15.57 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.95 |
|
UK Pound |
1 |
Rs.72.12 |
|
Euro |
1 |
Rs.63.67 |
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.