MIRA INFORM REPORT

 

 

Report Date :           

04.02.2012

 

IDENTIFICATION DETAILS

 

Name :

FOLENS PUBLISHING COMPANY

 

 

Formerly Known As :

Folens Publishing Company Limited

 

 

Registered Office :

Hibernian Industrial Estate, Greenhills Road,  Tallaght,  Dublin 24, Town Code 216410

 

 

Country :

Ireland

 

 

Date of Incorporation :

18.03.1977

 

 

Com. Reg. No.:

IE58250

 

 

Legal Form :

Private unlimited with Share Capital

 

 

Line of Business :

Publishing, Printing and Reproduction of Recorded Media

 

 

No. of Employees :

Not Available

 

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

 

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 – September 30th, 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

 

FOLENS PUBLISHING COMPANY

 

 

 

Type

Private unlimited with Share Capital

 

Address

HIBERNIAN INDUSTRIAL ESTATE,
GREENHILLS ROAD,
TALLAGHT,
DUBLIN 24

Company Status

Financial Statements not filed / too old

 

 

Town Code

216410

Incorporated Date

18/03/1977

 

           

Company Information

 

 

Registered Address

 

 

 

 

 

 

 

NDD

N

 

 

 

Address

 

 

HIBERNIAN INDUSTRIAL ESTATE
GREENHILLS ROAD
TALLAGHT
DUBLIN 24

 

 

 

 

 

Web Address

 

Incorporation Date

18/03/1977

 

Type of Accounts

Not Available

Filing Date of Accounts

 

 

Company Type

Private Unlimited With Share Capital

Date of Latest Accounts

 

 

Annual Return

30/09/2011

 

 

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

5

 

 

Total Directorships

79

 

 

directors

 

 

 

Name

DAVID NICHOLSON MOFFITT

 

 

Address

LANE END HOUSE

 

 

 

GLENGEARY HILL

 

 

DUN LAOGHAIRE

 

 

CO DUBLIN

 

Officers Title

 

Date Of Birth

01/02/1960

 

Honours

 

Present Appointments

3

 

Appointment Date

02/10/2009

Function

Director

 

 

 

 

 

 

 

 

 

Name

JOHN CADELL

 

 

Address

9, PROSPECT HEIGHTS,

 

 

 

STOCKING LANE,

 

 

RATHFARNHAM,

 

 

DUBLIN 14.

 

Officers Title

 

Date Of Birth

08/06/1966

 

Honours

 

Present Appointments

13

 

Appointment Date

02/01/2009

Function

Director

 

 

 

 

 

 

 

 

 

Name

HILDA O'SULLIVAN

 

 

Address

FAINLEOG

 

 

 

DRUMCOLLEY

 

 

EDENDERRY

 

 

CO. OFFALY

 

Officers Title

 

Date Of Birth

20/04/1953

 

Honours

 

Present Appointments

21

 

Appointment Date

22/12/1977

Function

Director

 

 

 

 

 

 

 

 

 

Name

DIRK FOLENS

 

 

Address

BLUE RIDGE,

 

 

 

GLENALUA ROAD,

 

 

KILLINEY,

 

 

CO. DUBLIN.

 

Officers Title

 

Date Of Birth

20/04/1954

 

Honours

 

Present Appointments

42

 

Appointment Date

03/04/2001

Function

Company Secretary

 

 

 

 

 

 

 

 

 

Name

DIRK FOLENS

 

 

Address

BLUE RIDGE,

 

 

 

GLENALUA ROAD,

 

 

KILLINEY,

 

 

CO. DUBLIN.

 

Officers Title

 

Date Of Birth

20/04/1954

 

Honours

 

Present Appointments

42

 

Appointment Date

22/12/1977

Function

Director

 

 

 

 

 

 

NEGATIVE INFORMATION

 

Exact Active CJ's

0

 

 

 

Exact Value of CJ's [€]

€0

 

 

 

Possible Active CJ's

0

 

 

 

 

 

 

 

 

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

 

Share Capital

63486.90

Currency

Eur

 

 

 

Shareholders Details

 

 

 

Name

Shares

 

Cornamundy Ltd

49,500 Ordinary Eur 1.27

 

Pontentia

500 Ordinary Eur 1.27

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group Structure

 

 

 

Summary

 

 

Group - Number of companies:

0

 

Linkages - Number of companies:

0

 

Number of Countries:

0

 

             

 

 

  No group structure available for this company.

 

 

Business Name

Business No.

Business Status

 

FOLENS PUBLISHING COMPANY

IE58250

N/A

 

   FOLENS PUBLISHERS INTERNATIONAL

105128

NORMAL

 

FINANCIAL INFORMATION

 

No Accounts Available.

 

 

FOREIGN EXCHANGE RATES

 

Na

 

           

ADDITIONAL INFORMATION

 

Previous Name(s)

 

Changed:

 

Folens Publishing Company Limited

 

 

 

 

 

 

SIC Code:

22XX

 

SIC Description:

Publishing, Printing And Reproduction Of Recorded Media

 

 

 

 

 

 

Mortgage Charges

 

Outstanding

1

Satisfied

1

 

Previous Names Details

 

 

 

Previous Name(s)

 

Changed :

 

Folens Publishing Company Limited

 

 

Secondary Industry Code Details

 

 

 

SIC Code

Description

 

22XX

Publishing, Printing And Reproduction Of Recorded Media

 

 

Mortgage Details

 

 

 

Mortgage Type:

A charge on uncalled share capital of the company. 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 goodwill, on a patent or licence under a patent, on a trademark or on a copyright or a licence under copyright.

 

Date Charge Created:

30/03/2007

Date Charge Registered:

12/04/2007

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

 

Person(s) Entitled:

THE GOVERNOR & CO OF THE BANK OF IRELAND

 

Amount Secured:

 

 

Details:

 

 

 

 

 

Mortgage Type:

A DEED OF DEBENTURE.

 

Date Charge Created:

16/01/1987

Date Charge Registered:

21/01/1987

 

Date Charge Satisfied:

02/08/1988

Status:

FULLY SATISFIED

 

Person(s) Entitled:

INDUSTRIAL CREDIT CORPORATION PLC

 

Amount Secured:

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

 

Details:

 

 

 

 

Event History

 

Date

Description

30/01/2012

Annual Returns

30/06/2011

Noreen Sheehan Has Left The Board

19/03/2011

Annual Returns

10/11/2010

Annual Returns

24/11/2009

Annual Returns

19/10/2009

Annual Returns

02/10/2009

New Board Member (david Nicholson Moffitt) Appointed

02/10/2009

New Board Member (noreen Sheehan) Appointed

02/01/2009

New Board Member (john Cadell) Appointed

28/10/2008

Annual Returns

24/10/2008

Juliette Folens Has Left The Board

18/03/2008

Annual Returns

17/03/2008

Annual Returns

28/02/2008

John O'connor Has Left The Board

17/10/2007

Annual Returns

 

 

NOTES & COMMENTS

 

Na

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.96

UK Pound

1

Rs.77.47

Euro

1

Rs.64.39

 

 

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.