MIRA INFORM REPORT

 

 

Report Date :

03.02.2012

 

IDENTIFICATION DETAILS

 

Name :

BELLEVUE PROPERTIES LIMITED

 

 

Registered Office :

Unit 12, Northwest Business Park, Ballycoolin, Dublin 15 16410

 

 

Country :

Ireland

 

 

Financials (as on) :

March 2010

 

 

Date of Incorporation :

15.06.1999

 

 

Legal Form :

--

 

 

Line of Business :

Fund Management & Security Broking

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

100,000 Euro

Status :

Satisfactory

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Ireland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Name

BELLEVUE PROPERTIES LIMITED

Number

IE307974

 

company summary

 

 

 

Type

Other

 

 

Address

UNIT 12,
NORTHWEST BUSINESS PARK,
BALLYCOOLIN,
DUBLIN 15

Company Status

Active - Accounts Filed

 

 

Town Code

216410

Incorporated Date

15/06/1999

 

company information

 

Registered Address

 

 

 

 

 

 

 

NDD

N

 

 

 

Address

 

 

UNIT 12
NORTHWEST BUSINESS PARK
BALLYCOOLIN
DUBLIN 15

 

 

 

 

Web Address

 

Incorporation Date

15/06/1999

 

Type of Accounts

Small Company

Filing Date of Accounts

 

 

Company Type

Other

Date of Latest Accounts

31/03/2011

 

Annual Return

30/11/2011

 

 

 

 

 

Industry:

 

 

 

 

 

 

 

 

 

 

 

 

 

SIC Code:

6712

 

SIC Description:

Fund Management & Security Broking

 

 

 

 

 

 

Mortgage Charges

 

Outstanding

2

Satisfied

0

 

CREDIT RECOMENDATION

 

Current Credit Limit: 100,000 Euro

 

DIRECTORS/MANAGEMENT

 

directors

View Previous Directors  

 

 

Name

JEFFREY MAHON

View Consumer Report

 

Address

GREENOGUE

 

 

 

KILSALLAGHAN

 

 

CO. MEATH

 

Officers Title

 

Date Of Birth

30/09/1970

 

Honours

 

Present Appointments

4

 

Appointment Date

16/06/1999

Function

Director

 

 

 

 

 

 

 

 

Name

ROBERT BARTER

View Consumer Report

 

Address

GREEN ACRES

 

 

 

KENTSTOWN

 

 

CO. MEATH

 

Officers Title

 

Date Of Birth

22/08/1970

 

Honours

 

Present Appointments

3

 

Appointment Date

04/10/1999

Function

Company Secretary

 

 

 

 

 

 

 

 

Name

SEAN MAHON

View Consumer Report

 

Address

GREENOGUE

 

 

 

KILSALLAGHAN

 

 

CO.MEATH

 

Officers Title

 

Date Of Birth

24/01/1967

 

Honours

 

Present Appointments

12

 

Appointment Date

 

Function

Director

 

 NEGATIVE INFORMATION

 

ccj's

 

Exact Active CJ's

0

 

 

 

Exact Value of CJ's [€]

€0

 

 

 

Possible Active CJ's

0

 

 

 

 

 

 

 

Unregistered

 

CJ's

 

 

 

 

Year

Exact CJ's

Possible CJ's

 

 

 

 

 

 

 

EXACT CJ DETAILS

 

Date

Court

Amount

Status

Case Number

Date Paid

 

 

 

 

 

 

 

 

 

POSSIBLE CJ DETAILS
Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

 

Date

Court

Amount

Status

Case Number

Date Paid

Incoming Record Details

 

 

 

 

 

 

 

 

 

Registered

 

CJ's

 

 

 

Year

Exact CJ's

Possible CJ's

 

EXACT CJ DETAILS

 

Date

Court

Amount

Status

Case Number

Date Paid

 

 

 

 

 

 

 

 

POSSIBLE CJ DETAILS
Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

 

Date

Court

Amount

Status

Case Number

Date Paid

Incoming Record Details

 

SHARE & SHARE CAPITAL INFORMATION

 

Shareholders Details

 

 

 

Name

Shares

 

Brandwell Group Ltd

51 Ordinary Eur 1.27

 

Sean Mahon

49 Ordinary Eur 1.27

   The documents below have been received by CRO but are currently unavailable to view.

 

Document Description

Status

CRO Registered Date

 

B1c Annual Return - General

Received

27/12/2011

 

B1c Annual Return - General

Received

27/12/2011

 

PAYMENT INFORMATION

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

 

group structure

 

 

Ultimate Holding Company

 

Safe Number

Company Name

 

Company Number

 

IE00277976

BRANDWELL GROUP LIMITED

 

IE283844

 

 

Summary

 

 

 

 

Group - Number of companies:

4

 

 

Linkages - Number of companies:

0

 

 

Number of Countries:

0

 

 

             

 

Company Name

 

Safe Number

Number

Latest Key Financials

 

 

 

 

 

 

BRANDWELL GROUP LIMITED

 

IE00277976

IE283844

31/12/2010

IRELAND

 

 

 

 

 

BELLEVUE PROPERTIES LIMITED

 

IE00302020

IE307974

31/03/2011

IRELAND

 

 

 

 

 

BRANDWELL (IRL) LIMITED

 

IE00098502

IE104370

31/12/2010

IRELAND

 

 

 

 

 

BRANDWELL (UK) LTD

 

UK03541778

3888313

31/12/2010

UK

 

 

 

 

 

 

 

Business Name

Business No.

Business Status

 

 

 

 

 

 

 

 

 

 

 

BELLEVUE PROPERTIES LIMITED

IE307974

N/A

 

 

 

 

 

 

 

 

 

 

 

There are no other businesses related to this business.

 

 

FINANCIAL INFORMATION

 

accounts

profit & loss

 

 

Annual Accounts

04/09-03/10

Change (%)

04/08-03/09

Change (%)

04/07-03/08

 

Months

12

-

12

-

12

 

Currency

EUR

-

EUR

-

EUR

 

Consolidated A/cs

N

-

N

-

N

 

Turnover

-

-

-

-

-

 

Export

-

-

-

-

-

 

Cost of Sales

-

-

-

-

-

 

Gross Profit

-

-

-

-

-

 

Wages & Salaries

-

-

-

-

-

 

Directors Emoluments

-

-

-

-

-

 

Operating Profits

-

-

-

-

-

 

Depreciation

-

-

-

-

-

 

Audit Fees

-

-

-

-

-

 

Interest Payments

-

-

-

-

-

 

Pre Tax Profit

-

-

-

-

-

 

Taxation

-

-

-

-

-

 

Profit After Tax

-

-

-

-

-

 

Dividends Payable

-

-

-

-

-

 

Retained Profits

-

-

-

-

-

 

balance sheet

 

 

Annual Accounts

04/09-03/10

Change (%)

04/08-03/09

Change (%)

04/07-03/08

 

Tangible Assets

3,769,354

-11.7 %

4,266,750

6.2 %

4,016,750

 

Intangible Assets

-

-

-

-

-

 

Total Fixed Assets

3,769,354

-11.7 %

4,266,750

6.2 %

4,016,750

 

Total Current Assets

1,224,248

349.9 %

272,142

-50.4 %

548,228

 

Trade Debtors

1,164,005

378.2 %

243,422

-39.7 %

403,412

 

Stocks & WIP

-

-

-

-

-

 

Cash

60,243

109.8 %

28,720

-80.2 %

144,816

 

Other Debtors

-

-

-

-

-

 

Increase In Cash

31,523

127.2 %

-116,096

-181.0 %

143,254

 

Miscellaneous Current Assets

-

-

-

-

-

 

Total Assets

4,993,602

10.0 %

4,538,892

-0.6 %

4,564,978

 

Total Current Liabilities

695,336

999.9%

13,000

-45.2 %

23,725

 

Trade Creditors

-

-

-

-

-

 

Bank Loans & Overdrafts

151,451

-

-

-

-

 

Other Short Term Fin

453,373

-

-

-

-

 

Miscellaneous Current Liabilities

90,512

596.2 %

13,000

-45.2 %

23,725

 

Other Long Term Fin

-

-

-

-

-

 

Total Long Term Liabilities

2,545,416

-9.1 %

2,800,000

-

2,800,000

 

Bank Loans & Overdrafts & LTL

2,696,867

-3.7 %

2,800,000

-

2,800,000

 

Total Liabilities

3,240,752

15.2 %

2,813,000

-0.4 %

2,823,725

 

Net Assets

1,752,850

1.6 %

1,725,892

-0.9 %

1,741,253

 

Working Capital

528,912

104.1 %

259,142

-50.6 %

524,503

 

capitals & reserves

 

 

Annual Accounts

04/09-03/10

Change (%)

04/08-03/09

Change (%)

04/07-03/08

 

Called up Share Capital

127

999.9%

1

-

1

 

P&L Account Reserve

10,006

159.5 %

-16,826

-1,048.5 %

-1,465

 

Sundry Reserves

-

-

-

-

-

 

Revaluation Reserve

1,742,717

-

1,742,717

-

1,742,717

 

Shareholder Funds

1,752,850

1.6 %

1,725,892

-0.9 %

1,741,253

 

Net Worth

1,752,850

1.6 %

1,725,892

-0.9 %

1,741,253

 

 

Miscellaneous

 

 

Annual Accounts

04/09-03/10

Change (%)

04/08-03/09

Change (%)

04/07-03/08

 

Net Cashflow from Operations

-

-

-

-

-

 

Net Cashflow before Financing

-

-

-

-

-

 

Net Cashflow from Financing

-

-

-

-

-

 

Contingent Liability

NO

-

NO

-

NO

 

Capital Employed

4,298,266

-5.0 %

4,525,892

-0.3 %

4,541,253

 

No of Employees

-

-

-

-

-

     

Auditors

SINNOTT HUGHES & CO

 

AuditQualification

No Adverse Comments

 

Bankers

 

 

BankBranchCode

 

 

Ratios

 

 

Annual Accounts

04/09-03/10

04/08-03/09

04/07-03/08

 

Pre-tax profit margin %

-

-

-

 

Current ratio

1.76

20.93

23.11

 

Sales/Net Working Capital

-

-

-

 

Gearing %

153.9 %

162.2 %

160.8 %

 

Equity in %

35.1 %

38.0 %

38.1 %

 

Creditor Days

-

-

-

 

Debtor Days

-

-

-

 

Liquidity/Acid Test

1.76

20.93

23.10

 

Return On Capital Employed %

-

-

-

 

Return On Total Assets Employed %

-

-

-

 

Current Debt Ratio %

0.4 %

0.0 %

0.0 %

 

Total Debt Ratio %

1.8 %

1.6 %

1.6 %

 

Stock Turnover Ratio %

-

-

-

 

Return on Net Assets Employed %

-

-

-

 

FOREIGN EXCHANGE RATES

 

Na

 

ADDITIONAL INFORMATION

 

Secondary Industry Code Details

 

 

 

SIC Code

Description

 

6712

Fund Management & Security Broking

 

 

Mortgage Details

 

 

 

Mortgage Type:

A charge on uncalled share capital of the company. A charge created or evidenced by an instrument which, if executed by an individual, would require registration as a bill of sale. A charge on land, wherever situate, or any interest therein, but not including a charge for any rent or other periodical sum issuing out of land. A charge on book debts of the company. A floating charge on the undertakings or property of the company. A charge on calls made but not paid. A charge on goodwill, on a patent or licence under a patent, on a trademark or on a copyright or a licence under copyright.

 

Date Charge Created:

13/09/2002

Date Charge Registered:

02/10/2002

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

 

Person(s) Entitled:

ALLIED IRISH BANKS PLC

 

Amount Secured:

 

 

Details:

 

 

 

 

 

Mortgage Type:

DEED OF MORTGAGE DEBENTURE.

 

Date Charge Created:

14/10/1999

Date Charge Registered:

20/10/1999

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

 

Person(s) Entitled:

ICC BANK PLC

 

Amount Secured:

ALL SUMS NOW DUE OR HEREAFTER TO BECOME DUE BY THE COMPANY TO THE PERSON(S) ENTITLED

 

Details:

 

 

 

Event History

 

Date

Description

31/03/2011

New Accounts Filed

31/03/2011

New Accounts Filed

30/03/2011

Annual Returns

14/01/2009

Annual Returns

14/01/2009

New Accounts Filed

15/04/2008

Annual Returns

15/04/2008

New Accounts Filed

04/10/1999

New Company Secretary (robert Barter) Appointed

16/06/1999

New Board Member (jeffrey Mahon) Appointed

14/06/1999

New Board Member (sean Mahon) Appointed

 

 

 

   The documents below have been received by CRO but are currently unavailable to view.

 

Document Description

Status

CRO Registered Date

 

B1c Annual Return - General

Received

27/12/2011

 

B1c Annual Return - General

Received

27/12/2011

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.13

UK Pound

1

Rs.77.85

Euro

1

Rs.64.75

 

 

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.