MIRA
INFORM REPORT
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Report Date : |
27.06.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Wellesweg 31 Uedem, 47589 |
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Country : |
Germany |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
21.07.2009 |
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Com. Reg. No.: |
9820 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment |
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No. of Employees : |
68 |
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 : |
No Complaints |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Germany |
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 and address
Oxford Instruments
Analytical GmbH
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Business Description
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Oxford Instruments Analytical GmbH is primarily engaged in manufacture
of electronic instruments and appliances for measuring, checking, testing,
navigating and other purposes, except industrial process control equipment;
and manufacture of non-electronic instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment. |
Industry
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Industry |
Scientific and Technical Instruments |
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ANZSIC 2006: |
2419 - Other Professional and Scientific
Equipment Manufacturing |
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NACE 2002: |
3320 - Manufacture of instruments and
appliances for measuring, checking, testing, navigating and other purposes,
except industrial process control equipment |
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NAICS 2002: |
334516 - Analytical Laboratory Instrument
Manufacturing |
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UK SIC 2003: |
3320 - Manufacture of instruments and
appliances for measuring, checking, testing, navigating and other purposes,
except industrial process control equipment |
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US SIC 1987: |
3826 - Laboratory Analytical Instruments |
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Key Executives
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1 - Profit & Loss
Item Exchange Rate: USD 1 = EUR 0.7571683
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.704672
Corporate Overview
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Corporate Structure News
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Oxford
Instruments Analytical GmbH |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Abingdon |
United Kingdom |
Scientific and Technical Instruments |
407.7 |
1,498 |
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Joint Venture |
Witney |
United Kingdom |
Electronic Instruments and Controls |
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700 |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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300 |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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UK Branch/Trading address |
Woking |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Carteret, NJ |
United States |
Scientific and Technical Instruments |
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200 |
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Subsidiary |
Carteret, NJ |
United States |
Miscellaneous Fabricated Products |
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195 |
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Subsidiary |
Carteret, NJ |
United States |
Scientific and Technical Instruments |
182.4 |
160 |
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Subsidiary |
Dong Cheng District, Beijing |
China |
Miscellaneous Capital Goods |
|
100 |
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Subsidiary |
Uedem, Nordrhein-Westfalen |
Germany |
Scientific and Technical Instruments |
|
68 |
|
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Subsidiary |
Concord, MA |
United States |
Scientific and Technical Instruments |
15.0 |
50 |
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Subsidiary |
Tokyo |
Japan |
Semiconductors |
|
50 |
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Subsidiary |
Austin, TX |
United States |
Miscellaneous Capital Goods |
14.3 |
43 |
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Subsidiary |
Wiesbaden, Hessen |
Germany |
Scientific and Technical Instruments |
28.3 |
35 |
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Subsidiary |
Scotts Valley, CA |
United States |
Medical Equipment and Supplies |
|
35 |
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Subsidiary |
Dallas, TX |
United States |
Scientific and Technical Instruments |
4.9 |
25 |
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Subsidiary |
Abingdon |
United Kingdom |
Scientific and Technical Instruments |
8.0 |
21 |
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Subsidiary |
Abingdon |
United Kingdom |
Business Services |
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20 |
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Subsidiary |
Singapore |
Singapore |
Scientific and Technical Instruments |
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15 |
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Subsidiary |
Silver Spring, MD |
United States |
Miscellaneous Fabricated Products |
4.0 |
12 |
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Subsidiary |
Singapore |
Singapore |
Biotechnology and Drugs |
1.0 |
10 |
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Subsidiary |
Ismaning, Bayern |
Germany |
Medical Equipment and Supplies |
1.7 |
6 |
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Subsidiary |
Abingdon |
United Kingdom |
Commercial Banks |
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Subsidiary |
Abingdon |
United Kingdom |
Scientific and Technical Instruments |
79.7 |
214 |
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Subsidiary |
Abingdon |
United Kingdom |
Business Services |
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Subsidiary |
Witney |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Commercial Banks |
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Subsidiary |
Abingdon |
United Kingdom |
Commercial Banks |
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Subsidiary |
Bristol |
United Kingdom |
Scientific and Technical Instruments |
49.8 |
115 |
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Subsidiary |
High Wycombe |
United Kingdom |
Scientific and Technical Instruments |
52.7 |
35 |
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Subsidiary |
Witney |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Commercial Banks |
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Subsidiary |
Abingdon |
United Kingdom |
Business Services |
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230 |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Brentwood |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Abingdon |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Shanghai, Shanghai |
China |
Miscellaneous Capital Goods |
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Subsidiary |
Shanghai |
China |
Scientific and Technical Instruments |
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Executives Report
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Annual Profit & Loss
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31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.757168 |
0.70861 |
0.707647 |
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Consolidated |
No |
No |
No |
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Taxes and social security costs |
0.8 |
0.8 |
0.2 |
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Total payroll costs |
5.2 |
4.7 |
1.3 |
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Fixed asset depreciation and amortisation |
0.2 |
0.2 |
0.0 |
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Other operating costs |
11.8 |
8.9 |
2.1 |
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Net operating income |
2.7 |
1.8 |
0.1 |
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Other income |
0.0 |
0.0 |
0.0 |
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Interest payable on loans |
0.2 |
0.2 |
0.0 |
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Total expenses |
0.2 |
0.2 |
0.0 |
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Profit before tax |
2.5 |
1.6 |
0.1 |
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Provisions |
2.0 |
1.4 |
1.0 |
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Total taxation |
0.5 |
0.5 |
- |
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Net profit |
2.0 |
1.2 |
0.1 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.704672 |
0.739044 |
0.753182 |
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Consolidated |
No |
No |
No |
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Issued capital |
1.8 |
1.7 |
1.7 |
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Profits for the year |
2.3 |
0.1 |
-1.0 |
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Profit brought forward from previous year(s) |
- |
-1.0 |
-1.1 |
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Total stockholders equity |
4.1 |
1.9 |
0.7 |
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Deferred taxation |
1.0 |
0.5 |
0.0 |
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Other provisions |
1.1 |
0.9 |
0.9 |
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Provisions and allowances |
2.1 |
1.4 |
0.9 |
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Convertible debentures |
1.1 |
1.0 |
1.0 |
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Other debentures |
0.8 |
- |
- |
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Total long-term liabilities |
0.8 |
- |
- |
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Trade creditors |
1.6 |
1.5 |
1.1 |
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Other loans |
0.2 |
2.7 |
2.8 |
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Taxation and social security |
0.1 |
0.1 |
0.1 |
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Due to group companies |
2.0 |
3.8 |
2.3 |
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Total current liabilities |
3.9 |
8.0 |
6.2 |
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Total liabilities (including net worth) |
12.0 |
12.3 |
8.9 |
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Patents |
0.0 |
0.0 |
0.0 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Land and buildings |
2.2 |
2.2 |
2.2 |
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Fixtures and equipment |
2.2 |
2.2 |
2.2 |
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Total tangible fixed assets |
2.7 |
2.4 |
2.5 |
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Total non-current assets |
2.7 |
2.4 |
2.5 |
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Raw materials |
1.9 |
- |
1.9 |
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Work in progress |
0.7 |
- |
0.0 |
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Finished goods |
1.5 |
- |
1.0 |
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Net stocks and work in progress |
2.4 |
2.9 |
2.9 |
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Trade debtors |
3.8 |
5.2 |
2.8 |
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Other receivables |
0.3 |
0.4 |
0.1 |
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Total receivables |
4.1 |
6.0 |
3.1 |
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Owing from associated companies |
0.0 |
0.4 |
0.1 |
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Cash and liquid assets |
2.7 |
0.8 |
0.3 |
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Total current assets |
9.2 |
9.8 |
6.3 |
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Prepaid expenses and deferred costs |
0.1 |
0.1 |
0.1 |
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Total assets |
12.0 |
12.3 |
8.9 |
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Annual Ratios |
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Financials in:
USD (mil) |
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|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.704672 |
0.739044 |
0.753182 |
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Consolidated |
No |
No |
No |
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Current ratio |
23.81 |
12.15 |
10.13 |
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Acid test ratio |
17.71 |
8.53 |
5.41 |
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Total liabilities to net worth |
0.11% |
0.43% |
0.89% |
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Net worth to total assets |
0.03% |
0.02% |
0.01% |
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Current liabilities to net worth |
0.09% |
0.43% |
0.89% |
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Current liabilities to stock |
0.16% |
0.28% |
0.21% |
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Fixed assets to net worth |
0.07% |
0.13% |
0.35% |
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Return on assets |
0.02% |
0.01% |
0.00% |
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Shareholders' return |
0.05% |
0.06% |
0.01% |
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Profit per employee |
2.22 |
- |
- |
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Average wage per employee |
5.78 |
- |
- |
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Net worth |
4.1 |
1.9 |
0.7 |
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Number of employees |
68 |
- |
- |
\
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.07 |
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|
1 |
Rs.88.96 |
|
Euro |
1 |
Rs.71.40 |
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 |
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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 |
-- |
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.