MIRA INFORM REPORT
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Report Date : |
28.09.2011 |
IDENTIFICATION DETAILS
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Name : |
AUGUSTUS OILS LTD. |
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Registered Office : |
Augustus House, Mill Lane, Alton, GU34 2QG |
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Country : |
United Kingdom |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
25.09.1985 |
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Com. Reg. No.: |
01950177 |
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Legal Form : |
Private Parent Company |
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Line of Business : |
Essential Oil Merchants |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United Kingdom |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Augustus Oils Ltd.
Augustus House
Mill Lane
Alton, GU34 2QG
United Kingdom
Tel: 01420590555
Fax: 01420592420
synthesis
Employees: 25
Company Type: Private Parent
Corporate Family: 1
Companies
Quoted Status: Non-quoted Company
Incorporation Date: 25-Sep-1985
Auditor: Carew And Co
Financials in: USD
(millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: British
Pound Sterling
Annual Sales: NA
Total Assets: 4.4
Business Description
Essential Oil Merchants
Industry
Industry Miscellaneous Capital Goods
ANZSIC 2006: 3739 - Other Goods
Wholesaling Not Elsewhere Classified
NACE 2002: 5111 - Agents
involved in the sale of agricultural raw materials, live animals, textile raw
materials
and semi-finished goods
NAICS 2002: 425120 - Wholesale
Trade Agents and Brokers
UK SIC 2003: 5111 - Agents
involved in the sale of agricultural raw materials, live animals, textile raw
materials
and semi-finished
goods
US SIC 1987: 5099 - Durable
Goods, Not Elsewhere Classified
Key Executives
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Name |
Title |
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Primrose Cicely Wilson |
Managing Director |
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Michael Anthony Cowler |
Secretary |
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Kevin Barrett |
Operations Manager |
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Alice Teresa Mary Coxon |
Director |
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Jason Feron Wilson |
Director |
Financial Summary
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Registered No.(UK): 01950177
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6475734
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6387123
Corporate Overview
Location
Augustus House
Mill Lane
Alton, GU34 2QG
Hampshire County
United Kingdom
Tel: 01420590555
Fax: 01420592420
Sales GBP(mil): NA
Assets GBP(mil): 2.8
Employees: 25
Fiscal Year End: 31-Dec-2010
Industry: Miscellaneous
Capital Goods
Registered Address:
Augustus House Mill Lane
Alton, GU34 2QG
United Kingdom
Incorporation Date: 25-Sep-1985
Company Type: Private
Parent
Quoted Status: Not
Quoted
Registered No.(UK): 01950177
Managing Director: Primrose
Cicely Wilson
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3739 - Other Goods Wholesaling Not Elsewhere Classified
NACE 2002 Codes:
5111 - Agents involved in the sale of agricultural raw materials,
live animals, textile raw materials and semi-finished goods
NAICS 2002 Codes:
425120 - Wholesale Trade Agents and Brokers
US SIC 1987:
5099 - Durable Goods, Not Elsewhere Classified
UK SIC 2003:
5111 - Agents involved in the sale of agricultural raw materials,
live animals, textile raw materials and semi-finished goods
Business
Description
Essential Oil Merchants
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Corporate
Family |
Corporate
Structure News: |
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Total Corporate Family Members: 1 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Alton |
United Kingdom |
Miscellaneous Capital Goods |
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25 |
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Executive report
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Directors and Shareholders Report
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Main Office
Address: |
Tel: 01420590555 |
Annual Return Date: 31 Aug 2011 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
19 Apr 1933 |
Augustus House Mill Lane, |
31 Aug 1992 |
NA |
Current:1 |
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Current |
10 Nov 1962 |
Albany, Upper Durford Wood, |
01 Jan 1997 |
NA |
Current:1 |
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Current |
01 Oct 1972 |
Albany, Upper Durford Wood, |
01 Jan 1997 |
NA |
Current:2 |
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Previous |
11 Jan 1946 |
1 Elm Terrace, Hawkley Road, |
30 Jun 1993 |
01 May 2006 |
Current:1 |
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Previous |
12 Mar 1937 |
Tall Trees, 13 Priors Wood, |
NA |
31 Oct 1994 |
Current:0 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Current |
14 Aug 1944 |
18 Winston Rise, Four Marks, |
02 Jan 2001 |
NA |
Current:3 |
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Previous |
11 Jan 1946 |
1 Elm Terrace, Hawkley Road, |
30 Jun 1993 |
01 Jan 1996 |
Current:1 |
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Previous |
04 Oct 1961 |
Southdean Farm, Froxfield, |
01 Jan 1996 |
02 Jan 2001 |
Current:5 |
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Individual Shareholders |
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Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
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Alice Teresa Mary Coxon |
560 Ordinary GBP 100.00 |
Ordinary |
560 |
100.00 |
56,000.00 |
9.33 |
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Jason Feron Wilson |
1350 Ordinary GBP 100.00 |
Ordinary |
1,350 |
100.00 |
135,000.00 |
22.50 |
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Primrose Wilson |
4090 Ordinary GBP 100.00 |
Ordinary |
4,090 |
100.00 |
409,000.00 |
68.17 |
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Corporate Shareholders |
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There are no corporate shareholders for this company. |
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Annual Profit & Loss
Financials in: USD
(mil)
Except for share
items (millions) and per share items (actual units)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate
(Period Average) |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
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Consolidated |
No |
No |
No |
No |
No |
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Depreciation |
0.1 |
0.0 |
0.0 |
0.0 |
0.0 |
Annual Balance Sheet
Financials
in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
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Consolidated |
No |
No |
No |
No |
No |
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Total Tangible Fixed Assets |
2.4 |
2.5 |
1.5 |
0.1 |
0.2 |
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Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
2.4 |
2.5 |
1.5 |
0.1 |
0.2 |
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Total Stocks Work In Progress |
0.8 |
0.8 |
0.7 |
0.8 |
0.7 |
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Total Debtors |
1.2 |
1.0 |
1.1 |
1.1 |
1.1 |
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Cash and Equivalents |
0.0 |
0.0 |
0.2 |
0.1 |
0.0 |
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Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Current Assets |
2.0 |
1.8 |
2.0 |
2.0 |
1.8 |
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Total Assets |
4.4 |
4.3 |
3.6 |
2.2 |
2.0 |
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Other Current Liabilities |
2.0 |
1.8 |
1.3 |
1.6 |
1.5 |
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Total Current Liabilities |
2.0 |
1.8 |
1.3 |
1.6 |
1.5 |
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Other Long Term Liabilities |
1.3 |
1.4 |
1.0 |
0.0 |
0.0 |
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Total Long Term Liabilities |
1.3 |
1.4 |
1.0 |
0.0 |
0.0 |
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Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Issued Capital |
0.9 |
1.0 |
0.9 |
0.2 |
0.2 |
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Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Retained Earnings |
0.2 |
0.2 |
0.3 |
0.4 |
0.3 |
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Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Shareholders Funds |
1.2 |
1.2 |
1.2 |
0.6 |
0.5 |
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Net Worth |
1.2 |
1.2 |
1.2 |
0.6 |
0.5 |
Annual Cash Flows
Financials
in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate
(Period Average) |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
0.543438 |
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Consolidated |
No |
No |
No |
No |
No |
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Annual Ratios
Financials in: USD
(mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
0.510947 |
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Consolidated |
No |
No |
No |
No |
No |
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Current Ratio |
1.02 |
1.01 |
1.53 |
1.30 |
1.21 |
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Liquidity Ratio |
0.60 |
0.55 |
0.98 |
0.79 |
0.76 |
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Equity Gearing |
26.85% |
26.62% |
33.59% |
27.25% |
22.96% |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.18 |
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UK Pound |
1 |
Rs.76.65 |
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Euro |
1 |
Rs.66.63 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.