MIRA INFORM REPORT

 

 

Report Date :           

11.10.2011

 

IDENTIFICATION DETAILS

 

Name :

O'CONNOR MEMORIALS LIMITED

 

 

Registered Office :

Bonavalley, Athlone, Co Westmeath, Co Westmeath, Town Code 28406

 

 

Country :

Ireland

 

 

Financials (as on) :

30.06.2010

 

 

Date of Incorporation :

04.05.1993

 

 

Com. Reg. No.:

IE202284

 

 

Legal Form :

Private Limited By Shares

 

 

Line of Business :

----

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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 – 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

 

 

O'CONNOR MEMORIALS LIMITED

 

Company Number

IE202284

Telephone Number

Address

BONAVALLEY, ATHLONE, CO WESTMEATH, CO WESTMEATH

Town Code

 

 

28406

 

 

 

Company Type

PRIVATE LIMITED BY SHARES

Incorporation Date

 

 

04/05/1993

 

 

Company Status Summary

Company Status

Active

- Accounts Filed

 

 

 

 

 

 

 

 

 

Limit (€)

500

Active CCJ's

 

 

0

 

 

 

Value of CCJ's (€)

0

Writs

 

 

0

 

 

 

Director Summary

Directorships

 

 

3

 

 

 

Total Directorships

5

Financial Information

Date

30/06/2010

 

30/06/2009

%

30/06/2008

Currency

NaN

 

 

NaN

 

NaN

Turnover

0

-

0

-

0

Shareholder Equity

-33,611

 

-4.4%

-32,203

-791.3%

-3,613

Number of employees

0

-

0

-

0

 

 

Address Information

Company Name

O'CONNOR MEMORIALS LIMITED

Company Number

IE202284

Registered Office Address

BONAVALLEYATHLONECO WESTMEATHCO WESTMEATH

Registered Office Post Code

28406

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

ALLIED IRISH BANK

Banker Sort Code

93-22-64

Other Information

Website Address

 

Incorporation Date

04/05/1993

Company Type

PRIVATE LIMITED BY SHARES

Type of Accounts

Small Company

Date of Latest Accounts

30/06/2010

Filing Date of Accounts

Annual Return Date

31/03/2011

Industry Information

Industry Description

 

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

4

Currency of Share

EUR

 

Name of Shareholder

JAMES O'CONNOR

Nominal Value of each Share

Currency of Share

EUR

 

 

Accounts & Ratios

 

 

Period

Date From

01/07/2009

%

01/07/2008

%

02/07/2007

Date To

30/06/2010

-

30/06/2009

-

30/06/2008

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

-

-

-

-

-

Operating Profit

-

-

-

-

-

Pre-Tax Profit

0

-

0

-

0

Tax

-

-

-

-

-

Post-Tax Profit

-

-

-

-

-

Dividends

-

-

-

-

-

Retained Profit

-

-

-

-

-

Interest Payable

-

-

-

-

-

Directors Remuneration

-

-

-

-

-

 

 

Depreciation of Tangibles

-

-

5,638

-5.2%

5,947

Auditor Fees

0

-

0

-

-

Capitals & Reserves

Called up Share Capital

4

0.0%

4

0.0%

4

P&L Account Reserve

-33,615

-4.4%

-32,207

-790.4%

-3,617

Sundry Reserves

0

-

0

-

0

Revaluation Reserve

0

-

0

-

0

Shareholder Funds

-33,611

-4.4%

-32,203

-791.3%

-3,613

Net Worth

-33,611

-4.4%

-32,203

-791.3%

-3,613

Miscellaneous

Net Cashflow from Operations

0

-

0

-

0

Net Cashflow before Financing

0

-

0

-

0

Net Cashflow from Financing

0

-

0

-

0

Capital Employed

23,672

-58.5%

57,044

-36.5%

89,853

No of Employees

0

-

0

-

0

Balance Sheet

Tangible Assets

21,830

-3.2%

22,554

-5.2%

23,787

Intangible Assets

0

-

0

-

0

Total Fixed Assets

21,830

-3.2%

22,554

-5.2%

23,787

Stocks & Work-in-Progress

45,000

-40.0%

75,000

2.7%

73,000

Debtors

- Trade Debtors

3,150

-56.9%

7,303

-2.3%

7,472

Cash

0

-

0

-100.0%

61

Misc. Current Assets

0

-

0

-

0

Total Current Assets

 

 

 

 

 

Creditors

- Trade Creditors

46,308

-3.1%

47,813

230.5%

14,467

- Bank Overdraft

0

-

0

-

0

Increase in Cash

0

100.0%

-61

-

0

Total Current Liabilities

46,308

-3.1%

47,813

230.5%

14,467

Other Short Term Loans

0

-

0

-

0

Miscellaneous Current Liabilities

0

-

0

-

0

 

Other Long Term Finance

57,283

-35.8%

89,247

-

0

Total Long Term Liabilities

57,283

-35.8%

89,247

-4.5%

93,466

Overdraft Long Term Liabilites

57,283

-35.8%

89,247

-4.5%

93,466

Liabilities

103,591

-24.4%

137,060

27.0%

107,933

Net Assets

-33,611

-4.4%

-32,203

-791.3%

-3,613

Working Captial

1,842

-94.7%

34,490

-47.8%

66,066

Current Assets

48,150

-41.5%

82,303

2.2%

80,533

Other Current Assets

0

-

0

-

0

Ratios

Date To

30/06/2010

%

30/06/2009

%

30/06/2008

Trading Performance

Pre-Tax Profit Margin

0.0%

-

0.0%

-

0.0%

Return on Capital Employed

0.0%

-

0.0%

-

0.0%

Return on Total Assets Employed

0.0%

-

0.0%

-

0.0%

Return on Net Assets Employed

0.0%

-

0.0%

-

0.0%

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

1.04

-

1.72

-

5.57

Liquidity Ratio/Acid Ratio

0.06

-

0.15

-

0.52

Current Debt Ratio

-1.4 %

-

-1.5 %

-

-4.0 %

Long Term Stability

Gearing

-170.4 %

-

-277.1 %

-

-2586.9 %

Equity in Percentage

-48.0 %

-

-30.7 %

-

-3.5 %

Total Debt Ratio

-3.1 %

-

-4.3 %

-

-29.9 %

 

 

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

24/05/2011

New Accounts Filed

24/05/2011

New Accounts Filed

23/05/2011

Annual Returns

17/02/2010

Annual Returns

17/02/2010

New Accounts Filed

15/06/2009

Annual Returns

10/06/2009

New Accounts Filed

Status History

No status history for this company.

 

Directors

 

Director

Directors Title

Name of Director

JAMES O'CONNOR

Address of Director

17 CLONBROCK, RETREAT ROAD, ATHLONE, CO.WESTMEATH

Postcode of Director

 

Date of Birth

22/11/1962

Nationality of Director

 

Director Honours

Present Appointments

1

Function

Director

Appointment Date

04/05/1993

Director

Directors Title

Name of Director

MARK O'CONNOR

Address of Director

CARTRONTROY, ATHLONE, CO WESTMEATH

Postcode of Director

 

Date of Birth

28/06/1968

 

 

Nationality of Director

 

Director Honours

 

Present Appointments

2

Function

Company Secretary

Appointment Date

04/05/1993

Director

 

Directors Title

 

Name of Director

MARK O'CONNOR

Address of Director

CARTRONTROY, ATHLONE, CO WESTMEATH

Postcode of Director

 

Date of Birth

28/06/1968

Nationality of Director

 

Director Honours

 

Present Appointments

2

Function

Director

Appointment Date

04/05/1993

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.76.65

Euro

1

Rs.66.17

 

 

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.