MIRA INFORM REPORT

 

 

Report Date :

04.07.2012

 

IDENTIFICATION DETAILS

 

Name :

TOP DRAWER (DUBLIN) LIMITED 

 

 

Formerly Known As :

BURNSIDE TAVERNS LIMITED

 

 

Registered Office :

46 Saint Mary's Road , Midleton, Co Cork, Zip Code 180014

 

 

Country :

Ireland

 

 

Financials (as on) :

31.01.2008

 

 

Date of Incorporation :

30.04.1992

 

 

Com. Reg. No.:

IE188113

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Licensed clubs public houses and bars

 

 

No. of Employees :

50

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

In Liquidation

Payment Behaviour :

---

Litigation :

---

 

 

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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

 

TOP DRAWER (DUBLIN) LIMITED

IE188113

 

Company Name

TOP DRAWER (DUBLIN) LIMITED

Company Number

IE188113

Registered Address

46 SAINT MARY'S ROAD

 


 

 

MIDLETON

 

 

CO CORK

 

 

180014

 

 

Website Address

-

 

 

Telephone Number

 

Fax Number

 

TPS

No

FPS

No

Incorporation Date

30/04/1992

Company Status

In Liquidation

Previous Name

BURNSIDE TAVERNS LIMITED

Type

Private limited with Share Capital

Date of Change

-

Filing Date of Accounts

-

 

 

Share Capital

€125

SIC03

5540

Currency

EUR

SIC03 Description

LICENSED CLUBS PUBLIC HOUSES AND BARS

SIC07

56302

SIC07 Description

PUBLIC HOUSES AND BARS

Principal Activity

 

 

 

 

 

DIRECTORS/MANAGEMENT

 

TOP DRAWER (DUBLIN) LIMITED

IE188113

 

Total Current Directors

2

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

4

 

Current Directors

Name

TONY FENTON

Date of Birth

07/12/1958

Officers Title

 

Nationality

 

Present Appointments

4

Function

Director

Appointment Date

01/06/1997

 

 

Address

39 HOLMWOOD,  BRENNANSTOWN,  DUBLIN 18, 

Other Actions

View Director Report

 

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

Name

MARTIN KENT

Date of Birth

26/02/1957

Officers Title

 

Nationality

 

Present Appointments

11

Function

Director

Appointment Date

30/04/1992

 

 

Address

3 WESTBOURNE PARK,  MAGAZINE ROAD,  CORK, 

Other Actions

View Director Report

 

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

MARTIN KENT

0

2

ELIZABETH FENTON

0

2

ANDREW REYNOLDS

2

4

HALEY CLAIRE CURREN

0

1

 

 

NEGATIVE INFORMATION

 

CJ

Total Number of Exact CJs -

4

Total Value of Exact CJs -

€85,871

Total Number of Possible CJs -

0

Total Value of Possible CJs -

€0

Total Number of Satisfied CJs -

0

Total Value of Satisfied CJs -

€0

 

Exact CJ Details

Date

Court

Amount

Status

Case Number

Date Paid

04/11/2009

 

€9,311

JUDGEMENT

 

 

28/10/2009

Cork

€18,049

JUDGEMENT

3532/2009

 

07/10/2009

Cork

€38,092

JUDGEMENT

1982/2009

 

04/11/2008

 

€20,419

JUDGEMENT

544/2008

 

 

Possible CJ Details

There are no possible CJ details

 

Writ Details

 

Mortgage Summary

Outstanding

1

Satisfied

0

 

Unregistered - Exact CJ Details

Date

Court

Amount

Status

Case Number

Date Paid

28/10/2009

Cork

€18,049

JUDGEMENT

3532/2009

 

07/10/2009

Cork

€38,092

JUDGEMENT

1982/2009

 

04/11/2008

 

€20,419

JUDGEMENT

544/2008

 

 

Unregistered - Possible CJ Details

No CJs found

 

Registered - Exact CJ Details

Date

Court

Amount

Status

Case Number

Date Paid

04/11/2009

 

€9,311

JUDGEMENT

 

 

 

Registered - Possible CJ Details

No CJs found

 

Mortgage Details

Mortgage Type:

MORTGAGE DEBENTURE.

Date Charge Created:

24/05/01

 

 

Date Charge Registered:

30/05/01

 

 

Date Charge Satisfied:

-

 

 

Status:

NOT SATISFIED

 

 

Person(s) Entitled:

ULSTER BANK COMMERCIAL SERVICES LIMITED

Amount Secured:

 

Details:

ALL MONIES OBLIGATIONS AND LIABILITIES WITH INTEREST DUE FROM THE COMPANY TO THE PERSON(S) ENTITLED

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Share Capital

€125

 

Top 20 Shareholders

Name

Individual Share Value

TONY FENTON

48 ORDINARY EUR 1.25

MS ELIZABETH FENTON

47 ORDINARY EUR 1.25

MARTIN KENT

5 ORDINARY EUR 1.25

 

 

PAYMENT INFORMATION

 

Payment Information Summary

Days Beyond Terms

Trend Indicator

                         Average Payment Experience  What are Creditsafe Users saying about this company's payment behavior? This is Information on a target company's payment behaviour supplied directly by Creditsafe companies based on their direct experience of the company.

 

 

N/A

10

Company DBT

UK Average DBT

Steady

   

Improving Worsening

Be the first to leave a payment experience
for this company
Within Terms 91+ Days

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

TOP DRAWER (DUBLIN) LIMITED

Statistics

Group

-

Linkages

0 companies

Countries

In 0 countries

Summary

Holding Company

-

Ownership Status

 

Ultimate Holding Company

-

 

Group structure

No group structure

 

FINANCIAL INFORMATION

 

Key Financials

 

Year to Date

Turnover

Pre Tax Profit

Shareholder Funds

Employees

 

 

31/01/2008

-

-

€564,823

-

 

 

31/01/2007

-

-

€1,015,534

-

 

 

31/01/2006

-

-

€992,463

50

 

TOP DRAWER (DUBLIN) LIMITED

IE188113

 

Profit & Loss

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

 

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

-

 

Currency

EUR

(%)

EUR

(%)

EUR

(%)

EUR

(%)

-

 

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

-

Turnover

-

-

-

-

-

-

-

-

-

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-

-

Gross Profit

-

-

-

-

-

-

-

-

-

Wages & Salaries

-

-

-

-

-

-

-

-

-

Directors Emoluments

-

-

-

-

-

-

-

-

-

Operating Profit

-

-

-

-

-

-

-

-

-

Depreciation

€207,763

15.2%

€180,288

-

-

-

-

-

-

Audit Fees

-

-

-

-

-

-

-

-

-

Interest Payments

-

-

-

-

-

-

-

-

-

Pre Tax Profit

-

-

-

-

-

-

-

-

-

Taxation

-

-

-

-

-

-

-

-

-

Profit After Tax

-

-

-

-

-

-

-

-

-

Dividends Payable

-

-

-

-

-

-

-

-

-

Retained Profit

-

-

-

-

-

-

-

-

-

 

Balance Sheet

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

Tangible Assets

€746,521

11.7%

€668,413

41.8%

€471,336

92.7%

€244,559

-

-

Intangible Assets

0

-

0

-

0

-

0

-

-

Total Fixed Assets

€746,521

11.7%

€668,413

41.8%

€471,336

92.7%

€244,559

-

-

Stock

€1,563,885

-8%

€1,699,305

19.1%

€1,426,911

42.9%

€998,652

-

-

Trade Debtors

€263,952

-35.9%

€411,868

-3.3%

€426,098

-

0

-

-

Cash

€74,981

-49%

€147,073

18.3%

€124,308

87.2%

€66,392

-

-

Other Debtors

0

-

0

-

0

-100%

€522,303

-

-

Miscellaneous Current Assets

0

-100%

€13,323

-

0

-

0

-

-

Total Current Assets

€1,902,818

-16.2%

€2,271,569

14.9%

€1,977,317

24.6%

€1,587,347

-

-

Trade Creditors

€972,365

18.8%

€818,678

20.6%

€678,883

-

0

-

-

Bank Loans & Overdrafts

€571,602

-17.8%

€695,126

-

0

-100%

€477,199

-

-

Other Short Term Finance

€78,698

15.8%

€67,955

-86.2%

€491,713

919.8%

€48,216

-

-

Miscellaneous Current Liabilities

€350,639

91.1%

€183,484

-17.8%

€223,102

-51.2%

€457,069

-

-

Total Current Liabilities

€1,973,304

11.8%

€1,765,243

26.7%

€1,393,698

41.9%

€982,484

-

-

Bank Loans & Overdrafts and LTL

€682,814

-20.1%

€854,331

999.9%

€62,492

-88.1%

€525,744

-

-

Other Long Term Finance

€111,212

-

0

-

0

-

0

-

-

Total Long Term Liabilities

€111,212

-30.1%

€159,205

154.8%

€62,492

28.7%

€48,545

-

-

 

Capital & Reserves

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

Called Up Share Capital

€125

-

€125

-

€125

-

€125

-

-

P & L Account Reserve

€564,696

-44.4%

€1,015,407

2.3%

€992,336

23.9%

€800,750

-

-

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

€2

-

€2

-

€2

-

€2

-

-

Shareholder Funds

€564,823

-44.4%

€1,015,534

2.3%

€992,463

23.9%

€800,877

-

-

 

Other Financial Items

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

Net Worth

€564,823

-44.4%

€1,015,534

2.3%

€992,463

23.9%

€800,877

-

-

Working Capital

-€70,486

-113.9%

€506,326

-13.2%

€583,619

-3.5%

€604,863

-

-

Total Assets

€2,649,339

-9.9%

€2,939,982

20.1%

€2,448,653

33.7%

€1,831,906

-

-

Total Liabilities

€2,084,516

8.3%

€1,924,448

32.2%

€1,456,190

41.2%

€1,031,029

-

-

Net Assets

€564,823

-44.4%

€1,015,534

2.3%

€992,463

23.9%

€800,877

-

-

 

Cash Flow

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

Net Cashflow from Operations

-

-

-

-

-

-

-

-

-

Net Cashflow before Financing

-

-

-

-

-

-

-

-

-

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Increase in Cash

-

-

-

-

-

-

-

-

-

 

Miscellaneous

 

Date Of Accounts

31/01/08

(%)

31/01/07

(%)

31/01/06

(%)

31/01/05

(%)

-

 

Contingent Liability

NO

-

NO

-

-

-

-

-

-

Capital Employed

€676,035

-42.5%

€1,174,739

18.4%

€992,463

23.9%

€800,877

-

-

Number of Employees

-

-

-

-

50

-

-

-

-

 

Auditors

ROBERTS NATHAN CORPORATE & PRIVATE

 

Auditor Comments

The audit report contains no adverse comments

 

Bankers

ALLIED IRISH BANK

 

Bank Branch Code

 

 

Ratios

 

Date Of Accounts

31/01/08

31/01/07

31/01/06

31/01/05

-

Pre-tax profit margin %

-

-

-

-

-

Current ratio

0.96

1.29

1.42

1.62

-

Sales/Net Working Capital

-

-

-

-

-

Gearing %

120.90

84.10

6.30

65.60

-

Equity in %

21.30

34.50

40.50

43.70

-

Creditor Days

-

-

-

-

-

Debtor Days

-

-

-

-

-

Liquidity/Acid Test

0.17

0.32

0.39

0.60

-

Return On Capital Employed %

-

-

-

-

-

Return On Total Assets Employed %

-

-

-

-

-

Current Debt Ratio

3.49

1.73

1.40

1.23

-

Total Debt Ratio

3.69

1.89

1.47

1.29

-

Stock Turnover Ratio %

-

-

-

-

-

Return on Net Assets Employed %

-

-

-

-

-

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION    

 

Company Status

In Liquidation

Type

Private limited with Share Capital

Incorporation Date

30/04/1992

Previous Name

BURNSIDE TAVERNS LIMITED

Date of Change

-

SIC03

5540

SIC03 Description

LICENSED CLUBS PUBLIC HOUSES AND BARS

SIC07

56302

SIC07 Description

PUBLIC HOUSES AND BARS

Principal Activity

 

 

Current Company Secretary

 

Name

MARTIN KENT

Date of Birth

26/02/1957

 

 

Officers Title

 

Nationality

 

 

 

Present Appointments

11

Function

Company Secretary

 

 

Appointment Date

28/02/2007

 

 

 

 

Address

3 WESTBOURNE PARK,  MAGAZINE ROAD,  CORK, 

 

TOP DRAWER (DUBLIN) LIMITED

IE188113

 

Status History

Date

Description

 

26/11/2009

App/Liquidator Creditors (Gaz)

 

06/11/2009

Meeting of Creditors (Gazette)

 

 

Event History

Date

Description

07/07/2009

New Accounts Filed

07/07/2009

Annual Returns

31/10/2008

ELIZABETH FENTON has left the board

16/01/2008

New Accounts Filed

14/01/2008

Annual Returns

28/02/2007

ANDREW REYNOLDS has resigned as company secretary

28/02/2007

New Company Secretary (MARTIN KENT) appointed

01/08/2006

HALEY CLAIRE CURREN has left the board

18/05/2006

MARTIN KENT has resigned as company secretary

18/05/2006

New Company Secretary (ANDREW REYNOLDS) appointed

01/07/2005

New Board Member (HALEY CLAIRE CURREN) appointed

01/06/1997

New Board Member (ELIZABETH FENTON) appointed

01/06/1997

New Company Secretary (MARTIN KENT) appointed

01/06/1997

New Board Member (TONY FENTON) appointed

30/04/1992

New Board Member (MARTIN KENT) appointed

 

Previous Company Names

Date

Previous Name

N/A

BURNSIDE TAVERNS LIMITED

 

 

NOTES & COMMENTS

 

Na

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.81

UK Pound

1

Rs.86.04

Euro

1

Rs.69.62

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.