MIRA INFORM REPORT

 

 

Report Date :

26.03.2012

 

IDENTIFICATION DETAILS

 

Name :

MURPHY'S CANDLES LIMITED

 

 

Formerly Known As :

MURPHY'S CANDLES & SOUVENIRS LIMITED

 

 

Registered Office :

Cahir Business Park, Cahir, Co Tipperary 128021

 

 

Country :

Ireland

 

 

Financials (as on) :

2011

 

 

Date of Incorporation :

11.03.1997

 

 

Legal Form :

Private Limited With Share Capital

 

 

Line of Business :

Retail Sale in Specialized Stores

 

 

No. of Employees :

7

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

18,000 EURO

Status :

Small company

Payment Behaviour :

No complaints 

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

 

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

 

Name

MURPHY'S CANDLES LIMITED

Number

IE262851

 

company summary

 

 

 

Type

Private limited with Share Capital

 

 

Address

CAHIR BUSINESS PARK,
CAHIR,
CO TIPPERARY

Company Status

Active - Accounts Filed

 

 

Town Code

128021

Incorporated Date

11/03/1997

 

 

Exact Active CJ's

0

 

 

 

Exact Value of CJ's [€]

€0

 

 

 

Possible Active CJ's

0

 

 

 

 

 

 

 

 

Current Directors

3

 

 

Total Directorships

6

 

 

 

Trading to Date

30/04/11

30/04/10

30/04/09

 

Turnover

-

-

-

 

Shareholder Funds

€405,103

€367,443

€366,571

 

Employees

7

7

5

 

 

company information

 

 

 

Registered Address

 

 

 

 

 

 

 

NDD

N

 

 

 

Address

 

 

CAHIR BUSINESS PARK
CAHIR
CO TIPPERARY

 

 

 

 

 

Web Address

 

Incorporation Date

11/03/1997

 

Type of Accounts

Small Company

Filing Date of Accounts

 

 

Company Type

Private Limited With Share Capital

Date of Latest Accounts

30/04/2011

 

Annual Return

30/01/2012

 

 

 

 

 

 

Previous Name(s)

 

Changed:

11/03/1997

Murphy's Candles & Souvenirs Limited

 

 

 

 

 

 

 

Industry:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIC Code:

5248

 

SIC Description:

Other Retail Sale In Specialized Stores

 

 

 

 

 

 

 

Mortgage Charges

 

Outstanding

1

Satisfied

0

 

 

 

 

 

 

 

Shareholders

 

Share Capital

126.97

Currency

Eur

 

 

 

 

 

 

 

 

Previous Names Details

 

 

 

Previous Name(s)

 

Changed :

11/03/1997

Murphy's Candles & Souvenirs Limited

 

 

CREDIT RECOMMENDATION

 

Current Credit Limit: 18,000 EURO

 

 

DIRECTORS/MANAGEMENT

 

directors

View Previous Directors  

 

 

Name

MIKE MURPHY

View Consumer Report

 

Address

KILCOMMON BEG

 

 

 

CAHIR

 

 

CO. TIPPERARY

 

Officers Title

 

Date Of Birth

28/09/1960

 

Honours

 

Present Appointments

5

 

Appointment Date

19/03/1997

Function

Company Secretary

 

 

 

 

 

 

 

 

 

Name

MIKE MURPHY

View Consumer Report

 

Address

KILCOMMON BEG

 

 

 

CAHIR

 

 

CO. TIPPERARY

 

Officers Title

 

Date Of Birth

28/09/1960

 

Honours

 

Present Appointments

5

 

Appointment Date

19/03/1997

Function

Director

 

 

 

 

 

 

 

 

 

Name

JOHN MURPHY

View Consumer Report

 

Address

3 CLONGLEE

 

 

 

NENAGH

 

 

CO TIPP

 

Officers Title

 

Date Of Birth

10/10/1934

 

Honours

 

Present Appointments

1

 

Appointment Date

01/03/2002

Function

Director

 

 

NEGATIVE INFORMATION

 

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 Details

 

 

 

Name

Shares

 

Michael Murphy

99 Ordinary Eur 1.27

 

John Murphy

1 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

 

             

Where you see these flags click straight through for a Creditsafe online report.

 

  No group structure available for this company.

 

 

Business Name

Business No.

Business Status

 

MURPHY'S CANDLES LIMITED

IE262851

N/A

 

   MURPHY CANDLES

231995

NORMAL

 

 

FINANCIAL INFORMATION

 

accounts

profit & loss

 

 

Annual Accounts

05/10-04/11

Change (%)

05/09-04/10

Change (%)

05/08-04/09

 

 

Months

12

-

12

-

12

 

 

Currency

EUR

-

EUR

-

EUR

 

 

Consolidated A/cs

N

-

N

-

N

 

 

Turnover

-

-

-

-

-

 

 

Export

-

-

-

-

-

 

 

Cost of Sales

-

-

-

-

-

 

 

Gross Profit

-

-

-

-

-

 

Wages & Salaries

277,203

-21.6 %

353,574

32.4 %

266,973

 

Directors Emoluments

86,890

-49.6 %

172,493

92.6 %

89,537

 

 

Operating Profits

-

-

-

-

-

 

Depreciation

19,522

2.7 %

19,011

-33.6 %

28,638

 

 

Audit Fees

-

-

-

-

-

 

Interest Payments

12,565

-0.9 %

12,681

-44.2 %

22,717

 

 

Pre Tax Profit

-

-

-

-

-

 

 

Taxation

-

-

-

-

-

 

 

Profit After Tax

-

-

-

-

-

 

 

Dividends Payable

-

-

-

-

-

 

 

Retained Profits

-

-

-

-

-

 

 

balance sheet

 

 

 

Annual Accounts

05/10-04/11

Change (%)

05/09-04/10

Change (%)

05/08-04/09

 

Tangible Assets

29,077

-34.7 %

44,516

-29.9 %

63,526

 

 

Intangible Assets

-

-

-

-

-

 

Total Fixed Assets

29,077

-34.7 %

44,516

-29.9 %

63,526

 

Total Current Assets

795,179

3.3 %

769,743

1.8 %

756,452

 

Trade Debtors

270,135

1.1 %

267,112

40.9 %

189,620

 

Stocks & WIP

303,588

19.8 %

253,482

-17.8 %

308,230

 

Cash

402

-98.9 %

36,194

-62.9 %

97,433

 

Other Debtors

221,054

3.8 %

212,955

32.1 %

161,169

 

Increase In Cash

-35,792

41.6 %

-61,239

-132.7 %

-26,318

 

 

Miscellaneous Current Assets

-

-

-

-

-

 

Total Assets

824,256

1.2 %

814,259

-0.7 %

819,978

 

Total Current Liabilities

209,291

-1.7 %

212,909

-2.9 %

219,324

 

Trade Creditors

157,189

-2.7 %

161,513

3.4 %

156,143

 

Bank Loans & Overdrafts

11,093

700.9 %

1,385

-92.3 %

18,026

 

Other Short Term Fin

24,044

23.0 %

19,548

-11.2 %

22,006

 

Miscellaneous Current Liabilities

16,965

-44.3 %

30,463

31.6 %

23,149

 

Other Long Term Fin

209,862

-10.3 %

233,907

-0.1 %

234,083

 

Total Long Term Liabilities

209,862

-10.3 %

233,907

-0.1 %

234,083

 

Bank Loans & Overdrafts & LTL

220,955

-6.1 %

235,292

-6.7 %

252,109

 

Total Liabilities

419,153

-6.2 %

446,816

-1.5 %

453,407

 

Net Assets

405,103

10.2 %

367,443

0.2 %

366,571

 

Working Capital

585,888

5.2 %

556,834

3.7 %

537,128

 

 

capitals & reserves

 

 

 

Annual Accounts

05/10-04/11

Change (%)

05/09-04/10

Change (%)

05/08-04/09

 

Called up Share Capital

127

-

127

-

127

 

P&L Account Reserve

404,976

10.3 %

367,316

0.2 %

366,444

 

 

Sundry Reserves

-

-

-

-

-

 

 

Revaluation Reserve

-

-

-

-

-

 

Shareholder Funds

405,103

10.2 %

367,443

0.2 %

366,571

 

Net Worth

405,103

10.2 %

367,443

0.2 %

366,571

 

 

Miscellaneous

 

 

 

Annual Accounts

05/10-04/11

Change (%)

05/09-04/10

Change (%)

05/08-04/09

 

 

Net Cashflow from Operations

-

-

-

-

-

 

 

Net Cashflow before Financing

-

-

-

-

-

 

 

Net Cashflow from Financing

-

-

-

-

-

 

 

Contingent Liability

NO

-

NO

-

NO

 

Capital Employed

614,965

2.3 %

601,350

0.1 %

600,654

 

No of Employees

7

-

7

40.0 %

5

     

Auditors

 

 

AuditQualification

No Adverse Comments

 

Bankers

BANK OF IRELAND

 

BankBranchCode

 

 

 

Ratios

 

 

 

Annual Accounts

05/10-04/11

05/09-04/10

05/08-04/09

 

 

Pre-tax profit margin %

-

-

-

 

Current ratio

3.80

3.62

3.45

 

 

Sales/Net Working Capital

-

-

-

 

Gearing %

54.5 %

64.0 %

68.8 %

 

Equity in %

49.1 %

45.1 %

44.7 %

 

 

Creditor Days

-

-

-

 

 

Debtor Days

-

-

-

 

Liquidity/Acid Test

2.34

2.42

2.04

 

 

Return On Capital Employed %

-

-

-

 

 

Return On Total Assets Employed %

-

-

-

 

Current Debt Ratio %

0.5 %

0.6 %

0.6 %

 

Total Debt Ratio %

1.0 %

1.2 %

1.2 %

 

 

Stock Turnover Ratio %

-

-

-

 

 

Return on Net Assets Employed %

-

-

-

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Secondary Industry Code Details

 

 

 

SIC Code

Description

 

5248

Other Retail Sale In Specialized Stores

 

 

Mortgage Details

 

 

 

Mortgage Type:

A charge for the purpose of securing any issue of debentures. A charge on uncalled share capital of the company. A charge created or evidenced by an instrument which, if executed by an individual, would require registration as a bill of sale. 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 calls made but not paid. A charge on a ship or aircraft or any share in a ship or aircraft. 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:

14/07/2004

Date Charge Registered:

20/07/2004

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

 

Person(s) Entitled:

BANK OF SCOTLAND (IRELAND) LIMITED,

 

Amount Secured:

 

 

Details:

 

 

 

 

Event History

 

Date

Description

17/02/2012

Annual Returns

15/02/2012

New Accounts Filed

21/01/2011

New Accounts Filed

21/01/2011

New Accounts Filed

19/01/2011

Annual Returns

15/02/2010

Annual Returns

15/02/2010

New Accounts Filed

15/02/2010

New Accounts Filed

11/03/2009

Annual Returns

11/03/2009

Annual Returns

17/02/2009

New Accounts Filed

26/02/2008

Annual Returns

03/12/2007

Annual Returns

27/11/2007

New Accounts Filed

01/03/2002

Patrick Guy Douenat Has Left The Board

 

 

NOTES & COMMENTS

 

Na

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.90

UK Pound

1

Rs.80.77

Euro

1

Rs.67.40

 

 

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