MIRA
INFORM REPORT
|
Report Date : |
25.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
CLEARWATER CASINO CONSULTANCY LTD. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
10.02.1999 |
|
|
|
|
Com. Reg. No.: |
03710609 |
|
|
|
|
Legal Form : |
Private Independent |
|
|
|
|
Line of Business : |
Gambling and betting activities |
|
|
|
|
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 : |
Slow |
|
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name and address
Clearwater Casino Consultancy Ltd.
|
|
|
Industry
|
Industry |
Recreational Activities |
|
ANZSIC 2006: |
9139 - Amusement and Other Recreational
Activities Not Elsewhere Classified |
|
NACE 2002: |
9271 - Gambling and betting activities |
|
NAICS 2002: |
7132 - Gambling Industries |
|
|
9271 - Gambling and betting activities |
|
US SIC 1987: |
7999 - Amusement and Recreation Services,
Not Elsewhere Classified |
Key Executives
|
Financial Summary
|
||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6475734
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6387123
Corporate Overview
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
Executives Report
|
||||||||||||||||||||||||||||||||||||
Directors and Shareholders Report
Annual Return Date: 10 Feb 2012
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
31 Dec 1953 |
|
10 Feb 1999 |
NA |
Current:2 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
||||
|
|
||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
Luciene James Limited |
Previous |
|
10 Feb 1999 |
10 Feb 1999 |
|
|
||||
|
|
||||
|
|
||||
|
Individual Secretaries |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
14 May 1952 |
|
10 Feb 1999 |
NA |
Current:1 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Secretaries |
||||
|
|
||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
The Company Registration Agents Limited |
Previous |
|
10 Feb 1999 |
10 Feb 1999 |
|
|
||||
|
|
||||
|
|
||||
|
Individual Shareholders |
||||||
|
|
||||||
|
Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
John Noel Grannell |
1 Ordinary GBP 1.00 |
Ordinary |
1 |
1.00 |
1.00 |
50.00 |
|
Susan Grannell |
1 Ordinary GBP 1.00 |
Ordinary |
1 |
1.00 |
1.00 |
50.00 |
|
|
|
|
|
|
|
|
|
Corporate Shareholders |
|
|
|
There are no corporate shareholders for this company. |
|
|
Annual Profit & Loss
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
|
|
|
|
|
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.647573 |
0.641508 |
0.499878 |
0.543438 |
0.550122 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.638712 |
0.619253 |
0.502361 |
0.510947 |
0.582496 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Total Tangible Fixed Assets |
0.0 |
- |
0.0 |
0.0 |
0.0 |
|
Investments |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Total Fixed Assets |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Trade Debtors |
0.1 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Cash and Equivalents |
0.1 |
0.1 |
0.4 |
0.3 |
0.2 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
0.1 |
0.1 |
0.4 |
0.3 |
0.2 |
|
Total Assets |
0.3 |
0.3 |
0.6 |
0.5 |
0.4 |
|
Trade Creditors |
0.3 |
0.3 |
0.5 |
0.1 |
0.3 |
|
Bank Overdraft |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Bank Loan Overdrafts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
0.0 |
0.0 |
0.0 |
0.4 |
0.0 |
|
Total Current Liabilities |
0.0 |
0.0 |
0.0 |
0.4 |
0.0 |
|
Working Capital |
-0.2 |
-0.1 |
-0.1 |
-0.2 |
-0.1 |
|
Total Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
0.0 |
- |
- |
- |
- |
|
Retained Earnings |
0.0 |
0.1 |
0.1 |
0.0 |
0.1 |
|
Total Reserve |
0.0 |
0.1 |
0.1 |
0.0 |
0.1 |
|
Total Shareholders Funds |
0.0 |
0.1 |
0.1 |
0.0 |
0.1 |
|
Net Worth |
0.0 |
0.1 |
0.1 |
0.0 |
0.1 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.647573 |
0.641508 |
0.499878 |
0.543438 |
0.550122 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Paid Up Equity |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
|
|
Annual Ratios |
|
|
|
|
|
|
|
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
- |
- |
- |
|
Exchange Rate |
- |
- |
- |
- |
- |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
0.37 |
0.54 |
0.75 |
0.59 |
0.57 |
|
Solvency Ratio |
0.13% |
21.32% |
15.68% |
8.87% |
14.09% |
|
Current Debt Ratio |
777.69 |
3.69 |
5.38 |
10.27 |
6.10 |
|
Long Term Debt Ratio |
0.34 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total Debt Ratio |
778.19 |
3.69 |
5.38 |
10.27 |
6.10 |
|
Debt Asset Ratio |
99.81% |
78.68% |
84.32% |
91.13% |
85.91% |
|
Working Finance |
57,482.50% |
- |
- |
- |
- |
|
Fixed Asset Investment |
0.63 |
0.57 |
0.37 |
0.46 |
0.51 |
|
Shareholder Liquidity |
2.00 |
- |
- |
- |
- |
|
Financial Strength Ratio |
0.87 |
0.54 |
0.75 |
0.59 |
0.57 |
|
Reserve Movement |
-99.45% |
-13.00% |
122.93% |
-30.95% |
-49.41% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.01 |
|
|
1 |
Rs.86.89 |
|
Euro |
1 |
Rs.67.83 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.