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Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
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Name : |
PRIMARK |
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Registered Office : |
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Country : |
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Date of Incorporation : |
06.05.1974 |
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Legal Form : |
Private unlimited with Share Capital |
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Line of Business : |
Retail |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRAs Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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A2 |
A2 |
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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 |
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company summary |
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company information |
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Current
Directors |
6 |
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directors |
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ccj's |
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Shareholders |
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Share Capital |
3.81 |
Currency |
Eur |
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Shareholders
Details
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Name |
Shares |
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Sizzlers |
2 Ordinary Eur 1.27 |
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A.b.f. Nominees Ltd |
1 Ordinary Eur 1.27 |
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Mortgage Charges |
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Outstanding |
0 |
Satisfied |
0 |
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group structure |
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accounts |
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Na
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Previous Names Details |
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Previous Name(s) |
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Changed : |
06/05/1974 |
Primark Limited |
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Changed : |
24/08/1987 |
Primark Exports |
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Changed : |
11/01/1977 |
Primark Exports Limited |
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Secondary Industry Code Details |
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SIC Code |
Description |
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5242 |
Retail |
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Event History |
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Date |
Description |
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15/07/2011 |
Annual Returns |
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15/06/2011 |
Seamus Michael Halford Has Left The Board |
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27/01/2011 |
Patrick Brendan Prior Has Left The Board |
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14/01/2011 |
New Board Member (john Lyttle) Appointed |
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07/07/2010 |
Annual Returns |
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01/06/2010 |
New Board Member (aidan Hugh Shields)
Appointed |
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16/07/2009 |
Annual Returns |
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01/01/2009 |
New Board Member (paul John Marchant) Appointed |
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07/07/2008 |
Annual Returns |
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19/12/2007 |
Bernard John Michael Mansfield Has Left The Board |
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05/01/2004 |
New Board Member (bernard John Michael
Mansfield) Appointed |
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13/08/2001 |
Lyn Richardson Has Resigned As Company Secretary |
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13/08/2001 |
New Company Secretary (rosalyn Sharon
Schofield) Appointed |
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24/07/2001 |
Catherine Springett Has Resigned As Company
Secretary |
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24/07/2001 |
New Company Secretary (lyn |
Na
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.59 |
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1 |
Rs.80.34 |
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Euro |
1 |
Rs.67.14 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 SCs 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.