MIRA INFORM REPORT

 

 

Report Date :           

08.09.2011

 

IDENTIFICATION DETAILS

 

Name :

ENCAP DRUG DELIVERY

 

 

Registered Office :

Unit 4-6 Oakbank Park Way, Mid Calder , Ivingston , West Lothian , Eh53 0th

 

 

Country :

United Kingdom 

 

 

Date of Incorporation :

01.04.1989

 

 

Legal Form :

Proprietorship Concern

 

 

Line of Business :

Providing solutions for Oral Drug Delivery

 

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 :

7,500 GBP

 

 

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)

United Kingdom 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

REGISTERED NAME

 

ENCAP DRUG DELIVERY

 

 

COMPANY SUMMARY

 

Trading Address

UNIT 4-6 OAKBANK PARK WAY
MID CALDER

Senior Executive

DR STEPHEN BROWN

 

LIVINGSTON

Position

CHIEF OPERATING OFFICER

 

WEST LOTHIAN

Date Commenced Trading

01/04/1989

Post Code

EH53 0TH

Number of Employees

50

Website

www.encapdrugdelivery.com

 

 

 

 

 

 

 

Telephone Number

01506 448080

Premises Type

Shops & Retail Outlets

TPS

N

Business Classification

PRESCRIPTION DELIVERY

Fax Number

 

Sic Code

52489

FPS

N

Sic Description

OTHER RETAIL SALE IN SPECIALISED STORES (NOT ELSEW CLASSIFIED)

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: 7,500 GBP

 


management

 

Proprietor Name:

Mr Glen Dowler

 

Proprietor Verbal Confirmation

 

Proprietor Address Confirmation

 

Proprietor CCJs N/a

 

Directorship Connections

The proprietor has no linked directorships

 

 

NEGATIVE INFORMATION

 

Bankruptcy Information

 

Exact Name & Address

Bankrupt

No

 

Exact Address Match

Bankrupt

No

 

Exact Name Match

Bankrupt

Yes

 

CCJ Details

Exact CCJ Details

No CCJ`s Found

 

Possible Address CCJ Details

No CCJ`s Found

 

Possible Name CCJ Details

No CCJ`s Found

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Na

 

PAYMENT INFORMATION

 

Payment Information Summary

Have you got a payment experience on this or any other customers you could share with us? Contribute to our payment data programme to encourage best practice and expose poor performance.

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Other Limited Companies which match this Company Name & Address - 0 Results found

Other Non Limited Companies which match this Company Name & Address - 1 Result found

Other Companies which match this Company Address - 0 Results found

Other Limited Companies which match this Company Name - 0 Results found

Other Non Limited Companies which match this Company Name - 1 Result found

Other Companies that match this Telephone Number - 0 Results found

Total number & value of CCJ’s in this SIC code

 

FINANCIAL INFORMATION

 

Na

 

FOREIGN EXCHANGE RATES

 

Na

 

 


ADDITIONAL INFORMATION

 

Company Name

Address

Postcode

ENCAP DRUG DELIVERY

UNIT 45-6 OAKBANK PARK WAY MID CALDER LIVINGSTON W

EH53 0TH

 

Company Name

Address

Postcode

ENCAP DRUG DELIVERY

UNIT 45-6 OAKBANK PARK WAY MID CALDER LIVINGSTON W

EH53 0TH

 

Sic Code

 

CCJ`s

Value

5248

 

2109

£11,276,145

 

Total number of Negative Events in this SIC code

Sic Code

 

Bankruptcy

Administration

Liquidation

Wound Up

5248

 

0

45

664

1

 

NOTES & COMMENTS

 

Na

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.02

UK Pound

1

Rs.73.61

Euro

1

Rs.64.78

 

 

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.