MIRA INFORM REPORT

 

 

Report Date :           

09.05.2011

 

IDENTIFICATION DETAILS

 

Name :

CTS CHEMICAL TRADING SOLUTIONS LIMITED

 

 

Registered Office :

Unit 5 2nd Floor The Courtyard Carmanhall Road, Sandyford Dublin 18, , Sandyford Dublin 18., Zip Code 216410

 

 

Country :

Ireland

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

23.09.2008

 

 

Com. Reg. No.:

IE462458

 

 

Legal Form :

Private limited by shares

 

 

Line of Business :

----

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

(€) 500

Status :

Moderate

Payment Behaviour :

Unknown

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

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

CTS CHEMICAL TRADING SOLUTIONS LIMITED

Company Number

IE462458

Telephone Number

 

Address

UNIT 5 2ND FLOOR THE COURTYARD CARMANHALL ROAD, SANDYFORD DUBLIN 18, , SANDYFORD DUBLIN 18.

Town Code

216410

Company Type

PRIVATE LIMITED BY SHARES

Incorporation Date

23/09/2008

 

 

Company Status Summary

Company Status

Active - Accounts Filed

Limit (€)

500

Active CCJ's

0

Value of CCJ's (€)

0

Writs

0

 

 

Director Summary

Directorships

4

Total Directorships

100

 

 

Financial Information

Date

31/12/2009

Currency

NaN

Turnover

0

Shareholder Equity

-4,326

Number of employees

0

 

 

Company Information

 

Address Information

Company Name

CTS CHEMICAL TRADING SOLUTIONS LIMITED

Company Number

IE462458

Registered Office Address

UNIT 5 2ND FLOOR THE COURTYARD CARMANHALL ROADSANDYFORD DUBLIN 18SANDYFORD DUBLIN 18.

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

 

Auditor Qualification

No Adverse Comments

Banker Name

 

Banker Sort Code

 

 

Other Information

Website Address

 

Incorporation Date

23/09/2008

Company Type

PRIVATE LIMITED BY SHARES

Type of Accounts

Small Company

Date of Latest Accounts

31/12/2009

Filing Date of Accounts

 

Annual Return Date

31/08/2010

 

Industry Information

Industry Description

Accounts data converted from US Dollars.

 

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

100

Currency of Share

EUR

 

Name of Shareholder

OCTAGON SECRETARIES LTD

Nominal Value of each Share

 

Currency of Share

EUR

 

 

Accounts & Ratios

 

Period

Date From

25/09/2008

Date To

31/12/2009

Period of Month

16

Currency

EUR

Profit & Loss

Consolidated Accounts

N

Turnover

0

Export

-

Cost of Sales

-

Gross Profit

-

Operating Profit

-

Pre-Tax Profit

0

Tax

-

Post-Tax Profit

-

Dividends

-

Retained Profit

-

Interest Payable

-

Directors Remuneration

-

Wages & Salaries

-

Depreciation of Tangibles

0

Auditor Fees

0

 

Capitals & Reserves

Called up Share Capital

102

P&L Account Reserve

-4,428

Sundry Reserves

0

Revaluation Reserve

0

Shareholder Funds

-4,326

Net Worth

-4,326

 

Miscellaneous

Net Cashflow from Operations

0

Net Cashflow before Financing

0

Net Cashflow from Financing

0

Capital Employed

-4,326

No of Employees

0

 

Balance Sheet

Tangible Assets

0

Intangible Assets

0

Total Fixed Assets

0

Stocks & Work-in-Progress

0

Debtors

- Trade Debtors

0

Cash

0

Misc. Current Assets

0

Total Current Assets

 

Creditors

- Trade Creditors

4,326

- Bank Overdraft

0

Increase in Cash

0

Total Current Liabilities

4,326

Other Short Term Loans

0

Miscellaneous Current Liabilities

0

Other Long Term Finance

0

Total Long Term Liabilities

0

Overdraft Long Term Liabilites

0

Liabilities

4,326

Net Assets

-4,326

Working Captial

-4,326

Current Assets

0

Other Current Assets

0

 

Ratios

Date To

31/12/2009

Trading Performance

Pre-Tax Profit Margin

0.0%

Return on Capital Employed

0.0%

Return on Total Assets Employed

0.0%

Return on Net Assets Employed

0.0%

Sales/Net Working Capital

0.00

Operating Efficiency

Stock Turnover Ratio

0.0%

Debtor Days

0.00

Creditor Days

0.00

Short Term Stability

Current Ratio

0.00

Liquidity Ratio/Acid Ratio

0.00

Current Debt Ratio

-1.0 %

Long Term Stability

Gearing

0.0 %

Equity in Percentage

0.0%

Total Debt Ratio

-1.0 %

 

 

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

 

No Group Structure for this company.

 

 

Company History

 

Event History

Date

Description

03/11/2010

OCTAGON SECRETARIES LIMITED has resigned as company secretary

03/11/2010

New Company Secretary (KEA SECRETARIES LIMITED) appointed

11/10/2010

New Accounts Filed

07/10/2010

Annual Returns

19/04/2010

Annual Returns

04/05/2009

Annual Returns

24/03/2009

DIANE FRED has left the board

24/03/2009

New Board Member (NOELEEN CROSBIE) appointed

24/03/2009

New Board Member (NELLA LUCIA DYER) appointed

23/09/2008

EOIN DURKAN has left the board

23/09/2008

MARIO ATTARD has left the board

23/09/2008

New Board Member (PAUL NEWMAN) appointed

23/09/2008

New Company Secretary (OCTAGON SECRETARIES LIMITED) appointed

23/09/2008

New Board Member (EOIN DURKAN) appointed

23/09/2008

New Board Member (MARIO ATTARD) appointed

23/09/2008

New Board Member (DIANE FRED) appointed

 

Status History

No status history for this company.

 

 

 

Directors

 

Director

Directors Title

 

Name of Director

NELLA LUCIA DYER

Address of Director

LA RETRAITE, MAHE, SEYCHELLES

Postcode of Director

 

Date of Birth

02/08/1966

Nationality of Director

 

Director Honours

 

Present Appointments

12

Function

Director

Appointment Date

24/03/2009

 

 

Director

Directors Title

 

Name of Director

NOELEEN CROSBIE

Address of Director

14 WHITESTOWN PARK, BLANCHARDSTOWN, DUBLIN 15

Postcode of Director

 

Date of Birth

10/12/1961

Nationality of Director

 

Director Honours

 

Present Appointments

34

Function

Director

Appointment Date

24/03/2009

 

 

Director

Directors Title

 

Name of Director

KEA SECRETARIES LIMITED

Address of Director

UNIT 5 2ND FLOOR, THE COURTYARD, CARMANHALL ROAD, SANDYFORD, CO. DUBLIN.

Postcode of Director

 

Date of Birth

26/10/2010

Nationality of Director

 

Director Honours

 

Present Appointments

30

Function

Company Secretary

Appointment Date

03/11/2010

 

 

Director

Directors Title

 

Name of Director

PAUL NEWMAN

Address of Director

2 MILLERS WEIR, ATHGARVAN, CO. KILDARE

Postcode of Director

 

Date of Birth

21/07/1968

Nationality of Director

 

Director Honours

 

Present Appointments

24

Function

Director

Appointment Date

23/09/2008

 

 

Image Accounts

 

Accounts Images

31-12-2009

 

 

Returns Images

29-03-2010

 

31-12-2009

 

20-04-2009

 

 

Other Images

17-11-2010

B10 CHANGE IN DIRS/SEC

 

12-07-2010

B77 AUTHORISE AGENT

 

29-03-2010

B73 REQUEST TO CHANGE A COMPANYS NARD

 

07-10-2009

B10 CHANGE IN DIRS/SEC

 

30-09-2009

B10 CHANGE IN DIRS/SEC

 

05-03-2009

B10 CHANGE IN DIRS/SEC

 

05-03-2009

B10 CHANGE IN DIRS/SEC

 

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FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.78

UK Pound

1

Rs.73.43

Euro

1

Rs.65.27

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.