MIRA INFORM REPORT
|
Report Date : |
07.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
SHAW'S WHOLESALE LIMITED |
|
|
|
|
Registered Office : |
C/O Blaney Murnane Nolan, Temple Court, Temple Road, Blackrock Co
Dublin 216410 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Financials (as on) : |
31.01.2010 |
|
|
|
|
Date of Incorporation : |
04.11.1960 |
|
|
|
|
Com. Reg. No.: |
IE018505 |
|
|
|
|
Legal Form : |
Private limited by shares |
|
|
|
|
Line of Business : |
wholesale supplier to it's parent company and
fellow subsidiaries |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
(€) 195,000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Ireland |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Summary |
|
|
Company Name |
SHAW'S WHOLESALE LIMITED |
|
Company Number |
IE018505 |
|
Telephone Number |
|
|
Address |
C/O BLANEY MURNANE NOLAN, TEMPLE COURT, TEMPLE ROAD, BLACKROCK CO
DUBLIN |
|
Town Code |
216410 |
|
Head Office |
Duke Stathy Co Kildarexxx, Ireland |
|
Company Type |
PRIVATE LIMITED BY SHARES |
|
Incorporation Date |
04/11/1960 |
|
Company Status Summary |
|
|
Company Status |
Active - Accounts Filed |
|
Limit (€) |
195,000 |
|
Active CCJ's |
0 |
|
Value of CCJ's (€) |
0 |
|
Writs |
0 |
|
Director Summary |
|
|
Directorships |
8 |
|
Total Directorships |
122 |
|
Financial Information |
|||||
|
Date |
31/01/2010 |
% |
31/01/2009 |
% |
31/01/2008 |
|
Currency |
NaN |
|
NaN |
|
NaN |
|
Turnover |
0 |
- |
0 |
- |
0 |
|
Shareholder Equity |
2,626,724 |
-7.1% |
2,827,974 |
-2.9% |
2,913,290 |
|
Number of employees |
0 |
- |
0 |
- |
0 |
Company
Information
|
Address Information |
|
|
Company Name |
SHAW'S WHOLESALE LIMITED |
|
Company Number |
IE018505 |
|
Registered
Office Address |
C/O BLANEY MURNANE NOLANTEMPLE COURTTEMPLE
ROADBLACKROCK CO DUBLIN |
|
Registered
Office Post Code |
216410 |
|
Registered
Telephone No. |
|
|
TPS Registered |
N |
|
Trading Address |
|
|
Trading Postal
Code |
|
|
Trading
Telephone Number |
|
|
TPS Registered |
|
|
Auditor/Banker's Information |
|
|
Auditor Name |
BMN ASSOCIATES |
|
Auditor Qualification |
Adverse Comments |
|
Banker Name |
ALLIED IRISH BANK PLC |
|
Banker Sort Code |
93-33-68 |
|
Other Information |
|
|
Website Address |
|
|
Incorporation Date |
04/11/1960 |
|
Company Type |
PRIVATE LIMITED BY SHARES |
|
Type of Accounts |
Medium Company |
|
Date of Latest Accounts |
31/01/2010 |
|
Filing Date of Accounts |
|
|
Annual Return Date |
31/10/2010 |
|
Industry Information |
|
|
Industry Description |
To operates as a wholesale supplier to it's parent company and fellow
subsidiaries. |
|
Mortgage Information |
|
|
Mortgages(s) Outstanding |
0 |
|
Mortgages(s) Satisfied |
0 |
|
|
|
|
Mortgage Type |
|
|
Date Charge Created |
|
|
Date Charge Registered |
|
|
Date Charge Satisfied |
|
|
Status |
|
|
Person(s) Entitled |
|
|
Amount Secured |
|
|
Details |
|
|
Shareholders information |
|
|
Shares Held |
10,000 |
|
Currency of Share |
EUR |
|
|
|
|
Name of Shareholder |
SHAW & SONS LTD |
|
Nominal Value of each Share |
|
|
Currency of Share |
EUR |
Accounts
& Ratios
|
Period |
|||||
|
Date From |
01/02/2009 |
% |
02/02/2008 |
% |
01/02/2007 |
|
Date To |
31/01/2010 |
- |
31/01/2009 |
- |
31/01/2008 |
|
Period of Month |
12 |
- |
12 |
- |
12 |
|
Currency |
EUR |
- |
EUR |
- |
EUR |
|
Profit & Loss |
|||||
|
Consolidated Accounts |
N |
- |
N |
- |
N |
|
Turnover |
0 |
- |
0 |
- |
0 |
|
Export |
- |
- |
- |
- |
- |
|
Cost of Sales |
- |
- |
- |
- |
- |
|
Gross Profit |
1,483,751 |
-15.7% |
1,759,556 |
-15.6% |
2,084,164 |
|
Operating Profit |
-88,222 |
-163.5% |
138,990 |
-66.8% |
418,110 |
|
Pre-Tax Profit |
-88,222 |
-163.5% |
138,990 |
-66.8% |
418,110 |
|
Tax |
10,572 |
157.8% |
-18,306 |
65.4% |
-52,921 |
|
Post-Tax Profit |
-77,650 |
-164.3% |
120,684 |
-67.0% |
365,189 |
|
Dividends |
0 |
- |
0 |
- |
0 |
|
Retained Profit |
-77,650 |
-164.3% |
120,684 |
-67.0% |
365,189 |
|
Interest Payable |
0 |
- |
0 |
- |
0 |
|
Directors Remuneration |
351,440 |
10.5% |
317,908 |
-10.6% |
355,555 |
|
Wages & Salaries |
- |
- |
- |
- |
- |
|
Depreciation of Tangibles |
6,661 |
-33.9% |
10,071 |
49.5% |
6,737 |
|
Auditor Fees |
3,500 |
0.0% |
3,500 |
-5.4% |
3,700 |
|
Capitals & Reserves |
|||||
|
Called up Share Capital |
10,000 |
0.0% |
10,000 |
0.0% |
10,000 |
|
P&L Account Reserve |
1,927,259 |
-3.9% |
2,004,909 |
6.4% |
1,884,225 |
|
Sundry Reserves |
0 |
- |
0 |
- |
0 |
|
Revaluation Reserve |
689,465 |
-15.2% |
813,065 |
-20.2% |
1,019,065 |
|
Shareholder Funds |
2,626,724 |
-7.1% |
2,827,974 |
-2.9% |
2,913,290 |
|
Net Worth |
2,626,724 |
-7.1% |
2,827,974 |
-2.9% |
2,913,290 |
|
Miscellaneous |
|||||
|
Net Cashflow from Operations |
103,733 |
-87.9% |
858,090 |
-44.9% |
1,557,423 |
|
Net Cashflow before Financing |
0 |
- |
0 |
- |
0 |
|
Net Cashflow from Financing |
0 |
- |
0 |
- |
0 |
|
Capital Employed |
2,626,724 |
-7.1% |
2,827,974 |
-2.9% |
2,913,290 |
|
No of Employees |
0 |
- |
0 |
- |
0 |
|
Balance Sheet |
|||||
|
Tangible Assets |
714,600 |
-51.6% |
1,476,440 |
-11.9% |
1,675,431 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
714,600 |
-51.6% |
1,476,440 |
-11.9% |
1,675,431 |
|
Stocks & Work-in-Progress |
1,050,316 |
10.9% |
947,380 |
-34.4% |
1,443,728 |
|
Debtors |
|||||
|
- Trade Debtors |
27,900 |
15.6% |
24,125 |
-0.7% |
24,288 |
|
Cash |
159,686 |
-75.0% |
638,196 |
82.0% |
350,737 |
|
Misc. Current Assets |
18,307 |
56.6% |
11,694 |
- |
0 |
|
Total Current Assets |
|
|
|
|
|
|
Creditors |
|||||
|
- Trade Creditors |
3,301,142 |
24.6% |
2,650,260 |
-12.4% |
3,026,896 |
|
- Bank Overdraft |
217,627 |
-72.5% |
789,967 |
-37.3% |
1,260,597 |
|
Increase in Cash |
-478,510 |
-266.5% |
287,459 |
- |
0 |
|
Total Current Liabilities |
3,590,497 |
2.5% |
3,504,482 |
-20.8% |
4,426,723 |
|
Other Short Term Loans |
0 |
- |
0 |
- |
0 |
|
Miscellaneous Current Liabilities |
71,728 |
11.6% |
64,255 |
-53.8% |
139,230 |
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
|
Total Long Term Liabilities |
0 |
- |
0 |
- |
0 |
|
Overdraft Long Term Liabilites |
217,627 |
-72.5% |
789,967 |
-37.3% |
1,260,597 |
|
Liabilities |
3,590,497 |
2.5% |
3,504,482 |
-20.8% |
4,426,723 |
|
Net Assets |
2,626,724 |
-7.1% |
2,827,974 |
-2.9% |
2,913,290 |
|
Working Captial |
1,912,124 |
41.5% |
1,351,534 |
9.2% |
1,237,859 |
|
Current Assets |
5,502,621 |
13.3% |
4,856,016 |
-14.3% |
5,664,582 |
|
Other Current Assets |
4,246,412 |
31.3% |
3,234,621 |
-15.9% |
3,845,829 |
|
Ratios |
|||||
|
Date To |
31/01/2010 |
% |
31/01/2009 |
% |
31/01/2008 |
|
Trading Performance |
|||||
|
Pre-Tax Profit Margin |
0.0% |
- |
0.0% |
- |
0.0% |
|
Return on Capital Employed |
-3.4 % |
- |
4.9 % |
- |
14.4 % |
|
Return on Total Assets Employed |
-1.4 % |
- |
2.2 % |
- |
5.7 % |
|
Return on Net Assets Employed |
-3.4 % |
- |
4.9 % |
- |
14.4 % |
|
Sales/Net Working Capital |
0.00 |
- |
0.00 |
- |
0.00 |
|
Operating Efficiency |
|||||
|
Stock Turnover Ratio |
0.0% |
- |
0.0% |
- |
0.0% |
|
Debtor Days |
0.00 |
- |
0.00 |
- |
0.00 |
|
Creditor Days |
0.00 |
- |
0.00 |
- |
0.00 |
|
Short Term Stability |
|||||
|
Current Ratio |
1.53 |
- |
1.39 |
- |
1.28 |
|
Liquidity Ratio/Acid Ratio |
1.24 |
- |
1.11 |
- |
0.95 |
|
Current Debt Ratio |
1.4 % |
- |
1.2 % |
- |
1.5 % |
|
Long Term Stability |
|||||
|
Gearing |
8.3 % |
- |
27.9 % |
- |
43.3 % |
|
Equity in Percentage |
42.2 % |
- |
44.7 % |
- |
39.7 % |
|
Total Debt Ratio |
1.4 % |
- |
1.2 % |
- |
1.5 % |
CCJ
Summary
|
CCJ Summary |
|
|
CCJ's Amount |
0 |
|
CCJ's Value (€) |
0 |
|
Writs |
0 |
Record
of Payments
|
No record of payments for company. |
Group
Structure
|
Ultimate Parent Company Name |
||
|
Parent Company Name |
SHAW & SONS, LIMITED |
|
|
Number of company in Group |
15 |
|
|
Company Name |
Company Number |
Accounts Date |
|
SHAW & SONS, LIMITED |
IE008995 |
31/01/2010 |
|
A T R LIMITED |
IE043248 |
31/01/2010 |
|
CLASS I STORES LIMITED |
IE108267 |
31/01/2010 |
|
COOLROE TEXTILES LIMITED |
IE061035 |
31/01/2010 |
|
KYLE ESTATES LIMITED |
IE041323 |
31/01/2010 |
|
RETAIL ADVISORY SERVICES LIMITED |
IE428724 |
31/01/2010 |
|
-SHAW GROUP LIMITED |
IE057200 |
31/01/2010 |
|
I.D.P. RETAIL LIMITED |
IE264074 |
31/01/2010 |
|
SHAW'S WHOLESALE LIMITED |
IE018505 |
31/01/2010 |
|
SHAWS (DUN LAOGHAIRE) LIMITED |
IE081346 |
31/01/2010 |
|
SHAWS (1973) LIMITED |
IE044564 |
31/01/2010 |
|
SHAWS DEPARTMENT STORES LIMITED |
IE018977 |
31/01/2010 |
|
SHAWS LIMITED |
IE013149 |
31/01/2010 |
|
SHAWS RETAIL STORES LIMITED |
IE081347 |
31/01/2010 |
|
W. & G. HADDEN LIMITED |
IE004728 |
31/01/2010 |
Company
History
|
Event History |
|
|
Date |
Description |
|
21/12/2010 |
Annual Returns |
|
21/12/2010 |
New Accounts Filed |
|
15/09/2010 |
Annual Returns |
|
06/10/2009 |
Annual Returns |
|
05/10/2009 |
New Accounts Filed |
|
30/10/2008 |
New Accounts Filed |
|
29/10/2008 |
Annual Returns |
|
Status History |
|
|
No status history for this company. |
|
Directors
|
Director |
|
|
Directors Title |
|
|
Name of Director |
JONATHAN VICTOR SHAW |
|
Address of Director |
AUGHNAHILLA HOUSE, ROCK OF DUNAMAISE, STRADBALLY, CO. LAOIS |
|
Postcode of Director |
|
|
Date of Birth |
24/02/1967 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
16 |
|
Function |
Director |
|
Appointment Date |
01/07/1991 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
CLIVE VICTOR SHAW |
|
Address of Director |
THE FARM HOUSE, MAGANEY, ATHY, CO KILDARE |
|
Postcode of Director |
|
|
Date of Birth |
25/11/1952 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
12 |
|
Function |
Director |
|
Appointment Date |
02/12/1980 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
GEORGE T SHAW |
|
Address of Director |
CARDENTON, ATHY, CO.KILDARE |
|
Postcode of Director |
|
|
Date of Birth |
31/03/1934 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
25 |
|
Function |
Director |
|
Appointment Date |
23/12/1960 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
MERVYN V SHAW |
|
Address of Director |
GREENBANKS, COOTE ST, PORTLAOISE, CO.LAOIS |
|
Postcode of Director |
|
|
Date of Birth |
09/05/1930 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
21 |
|
Function |
Director |
|
Appointment Date |
23/12/1960 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
SINDEY PERRY FINLAY |
|
Address of Director |
SLADE, MOUNTHRATH RD, PORTLAOISE, CO.LAOIS |
|
Postcode of Director |
|
|
Date of Birth |
05/12/1936 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
5 |
|
Function |
Director |
|
Appointment Date |
04/12/1973 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
EAMONN DOYLE |
|
Address of Director |
KILTOWN,, CASTLECOMER,, CO. KILKENNY. |
|
Postcode of Director |
|
|
Date of Birth |
03/04/1964 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
18 |
|
Function |
Director |
|
Appointment Date |
19/04/2005 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
CRAIG WALTER |
|
Address of Director |
2 THE ORCHARDS, TULLOW ROAD, CARLOW |
|
Postcode of Director |
|
|
Date of Birth |
08/04/1938 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
1 |
|
Function |
Director |
|
Appointment Date |
01/07/1991 |
|
Director |
|
|
Directors Title |
|
|
Name of Director |
NORMAN SHAW |
|
Address of Director |
GLENLAHAN,, STRADBALLY ROAD,, PORTLAOISE,, CO. LAOIS |
|
Postcode of Director |
|
|
Date of Birth |
11/10/1955 |
|
Nationality of Director |
|
|
Director Honours |
|
|
Present Appointments |
24 |
|
Function |
Company Secretary |
|
Appointment Date |
01/09/1994 |
Image
Accounts
|
Accounts Images |
|
|
31-01-2010 |
|
|
31-01-2009 |
|
|
31-01-2008 |
|
|
31-01-2007 |
|
|
Returns Images |
|
|
31-08-2010 |
|
|
31-01-2010 |
|
|
31-01-2009 |
|
|
31-01-2008 |
|
|
31-01-2007 |
|
|
02-12-1988 |
|
|
16-03-1987 |
|
|
17-10-1986 |
|
|
19-09-1985 |
|
|
19-09-1985 |
|
|
19-09-1985 |
|
|
09-10-1981 |
|
|
09-10-1981 |
|
|
09-10-1981 |
|
|
03-11-1978 |
|
|
17-05-1978 |
|
|
16-11-1977 |
|
|
08-07-1976 |
|
|
14-03-1975 |
|
|
14-03-1975 |
|
|
25-10-1973 |
|
|
18-07-1972 |
|
|
18-07-1972 |
|
|
18-07-1972 |
|
|
18-07-1972 |
|
|
30-10-1967 |
|
|
30-10-1967 |
|
|
24-11-1965 |
|
|
24-11-1965 |
|
|
24-11-1965 |
|
|
24-11-1965 |
|
|
24-11-1965 |
|
|
Other Images |
||
|
31-08-2010 |
B73 REQUEST TO CHANGE A COMPANYS NARD |
|
|
07-10-2008 |
B10 CHANGE IN DIRS/SEC |
|
|
02-12-1988 |
B2 CHANGE IN SITUATION OF REG OFFICE. |
|
|
13-10-1981 |
B10 CHANGE IN DIRS/SEC |
|
|
09-10-1981 |
B10 CHANGE IN DIRS/SEC |
|
|
27-09-1978 |
B2 CHANGE IN SITUATION OF REG OFFICE. |
|
|
08-07-1976 |
B2 CHANGE IN SITUATION OF REG OFFICE. |
|
|
31-12-1975 |
G1 SPECIAL RESOLUTION |
|
|
31-12-1975 |
AMENDED MEMORANDUM AND ARTICLES. |
|
|
19-03-1975 |
B10 CHANGE IN DIRS/SEC |
|
|
05-03-1975 |
B2 CHANGE IN SITUATION OF REG OFFICE. |
|
|
18-08-1972 |
B3 SIT. OF MEMBERS/DEBENTURE HOLDERS/DIRECTORS |
|
|
24-11-1965 |
B10 CHANGE IN DIRS/SEC |
|
|
20-07-1964 |
B10 CHANGE IN DIRS/SEC |
|
|
28-12-1960 |
B10 CHANGE IN DIRS/SEC |
|
|
28-12-1960 |
B2 CHANGE IN SITUATION OF REG OFFICE. |
|
|
04-11-1960 |
CERTIFICATE |
|
|
04-11-1960 |
A1 APPLICATION TO REGISTER AS A NEW COMPANY, |
|
|
04-11-1960 |
MEMORANDUM AND ARTICLES |
|
|
04-11-1960 |
MEMORANDUM AND ARTICLES |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.72 |
|
UK Pound |
1 |
Rs.73.46 |
|
Euro |
1 |
Rs.65.47 |
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.