MIRA INFORM REPORT

 

 

Report Date :

27.03.2012

 

IDENTIFICATION DETAILS

 

Name :

KILKENNY METAL SUPPLIES LIMITED

 

 

Registered Office :

Hebron Industrial Estate Hebron Road, Kilkenny, Ireland 342418

 

 

Country :

Ireland

 

 

Financials (as on) :

31.10.2011

 

 

Date of Incorporation :

25.04.1996

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Construction

 

 

No. of Employees :

Not Available

 

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 :

100,000 Euro

Status :

Satisfactory

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

KILKENNY METAL SUPPLIES LIMITED

Number

IE248127

 

company summary

 

 

 

Type

Private limited with Share Capital

 

 

Address

Hebron Industrial Estate Hebron Road,
Kilkenny,
Ireland

Company Status

Active - Accounts Filed

 

 

Town Code

342418

Incorporated Date

25/04/1996

 

 

 

 

Ultimate Holding Company

 

 

Company Name

 

Company Number

 

 

J.M.P. METAL HOLDINGS

 

IE364056

 

 

Exact Active CJ's

0

 

 

 

Exact Value of CJ's [€]

€0

 

 

 

Possible Active CJ's

0

 

 

 

 

 

 

 

 

Current Directors

4

 

 

Total Directorships

12

 

 

 

Trading to Date

31/10/11

31/10/10

31/10/09

 

Turnover

-

-

-

 

Shareholder Funds

€3,857,546

€3,933,863

€3,919,818

 

Employees

-

-

-

 

CREDIT RECOMENDATION

 

Current Credit Limit: 100,000 Euro

 

DIRECTORS/MANAGEMENT

 

Directors

 

 

 

Name

MATTHEW PETERS JNR

 

 

Address

10 DUNMORE PARK

 

 

 

CASTLECOMER ROAD

 

 

KILKENNY

 

Officers Title

 

Date Of Birth

30/04/1970

 

Honours

 

Present Appointments

5

 

Appointment Date

27/02/2003

Function

Director

 

 

 

 

 

 

 

 

Name

MATTHEW PETERS

 

 

Address

43 COLLEGE SQUARE, COLLEGE ROAD

 

 

 

KILKENNY

 

 

IRELAND

 

Officers Title

 

Date Of Birth

29/05/1939

 

Honours

 

Present Appointments

3

 

Appointment Date

26/04/1996

Function

Director

 

 

 

 

 

 

 

 

Name

MARGARET PETERS

 

 

Address

43 COLLEGE SQUARE, COLLEGE ROAD

 

 

 

KILKENNY

 

 

IRELAND

 

Officers Title

 

Date Of Birth

24/03/1943

 

Honours

 

Present Appointments

4

 

Appointment Date

26/04/1996

Function

Company Secretary

 

 

 

 

 

 

 

 

Name

MARGARET PETERS

 

Address

43 COLLEGE SQUARE, COLLEGE ROAD

 

 

KILKENNY

 

 

IRELAND

 

Officers Title

 

Date Of Birth

24/03/1943

 

Honours

 

Present Appointments

4

 

Appointment Date

26/04/1996

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

 

J.m.p. Metal Holdings

60 Ordinary Eur 1.27

 

Margaret Peters

38 Ordinary Eur 1.27

 

Matthew Peters Jnr

2 Ordinary Eur 1.27

 

Shareholders

 

Share Capital

126.97

Currency

Eur

 

PAYMENT INFORMATION

 

Na

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Ultimate Holding Company

 

Company Name

 

Company Number

 

J.M.P. METAL HOLDINGS

 

IE364056

 Group structure

 

Ultimate holding company

 

Safe Number

Company Name

 

Company Number

 

IE00356209

J.M.P. METAL HOLDINGS

 

IE364056

 

Summary

 

 

Group - Number of companies:

2

 

Linkages - Number of companies:

0

 

Number of Countries:

0

 

             

 

 

Company Name

 

Safe Number

Number

Latest Key Financials

 

 

 

J.M.P. METAL HOLDINGS

 

IE00356209

IE364056

31/10/2003

IRELAND

 

 

KILKENNY METAL SUPPLIES LIMITED

 

IE00242259

IE248127

31/10/2011

IRELAND

 

 

Business Name

Business No.

Business Status

 

 

KILKENNY METAL SUPPLIES LIMITED

IE248127

N/A

 

There are no other businesses related to this business.

 

FINANCIAL INFORMATION

 

accounts

profit & loss

 

 

Annual Accounts

11/10-10/11

Change (%)

11/09-10/10

Change (%)

11/08-10/09

 

 

Months

12

-

12

-

12

 

 

Currency

EUR

-

EUR

-

EUR

 

 

Consolidated A/cs

N

-

N

-

N

 

 

Turnover

-

-

-

-

-

 

 

Export

-

-

-

-

-

 

 

Cost of Sales

-

-

-

-

-

 

 

Gross Profit

-

-

-

-

-

 

 

Wages & Salaries

-

-

-

-

-

 

 

Directors Emoluments

-

-

-

-

-

 

 

Operating Profits

-

-

-

-

-

 

Depreciation

24,408

-19.4 %

30,272

22.1 %

24,794

 

 

Audit Fees

-

-

-

-

-

 

 

Interest Payments

-

-

-

-

-

 

 

Pre Tax Profit

-

-

-

-

-

 

 

Taxation

-

-

-

-

-

 

 

Profit After Tax

-

-

-

-

-

 

 

Dividends Payable

-

-

-

-

-

 

 

Retained Profits

-

-

-

-

-

 

balance sheet

 

 

Annual Accounts

11/10-10/11

Change (%)

11/09-10/10

Change (%)

11/08-10/09

 

Tangible Assets

1,569,389

-1.5 %

1,593,797

-1.7 %

1,621,832

 

 

Intangible Assets

-

-

-

-

-

 

Total Fixed Assets

1,569,389

-1.5 %

1,593,797

-1.7 %

1,621,832

 

Total Current Assets

2,323,428

-3.1 %

2,397,220

2.4 %

2,342,055

 

Trade Debtors

129,884

-24.0 %

170,887

-13.2 %

196,856

 

Stocks & WIP

924,238

-13.6 %

1,069,128

-13.3 %

1,232,635

 

Cash

1,226,593

8.0 %

1,136,159

27.3 %

892,538

 

Other Debtors

42,713

103.0 %

21,046

5.1 %

20,026

 

Increase In Cash

90,434

-62.9 %

243,621

926.2 %

23,741

 

Miscellaneous Current Assets

-

-

-

-

-

 

Total Assets

3,892,817

-2.5 %

3,991,017

0.7 %

3,963,887

 

Total Current Liabilities

35,271

-38.3 %

57,154

29.7 %

44,069

 

Trade Creditors

35,271

-38.3 %

57,154

29.7 %

44,069

 

 

Bank Loans & Overdrafts

-

-

-

-

-

 

 

Other Short Term Fin

-

-

-

-

-

 

 

Miscellaneous Current Liabilities

-

-

-

-

-

 

 

Other Long Term Fin

-

-

-

-

-

 

 

Total Long Term Liabilities

-

-

-

-

-

 

 

Bank Loans & Overdrafts & LTL

-

-

-

-

-

 

Total Liabilities

35,271

-38.3 %

57,154

29.7 %

44,069

 

Net Assets

3,857,546

-1.9 %

3,933,863

0.4 %

3,919,818

 

Working Capital

2,288,157

-2.2 %

2,340,066

1.8 %

2,297,986

 

capitals & reserves

 

 

Annual Accounts

11/10-10/11

Change (%)

11/09-10/10

Change (%)

11/08-10/09

 

Called up Share Capital

127

-

127

-

127

 

P&L Account Reserve

3,857,419

-1.9 %

3,933,736

0.4 %

3,919,691

 

 

Sundry Reserves

-

-

-

-

-

 

 

Revaluation Reserve

-

-

-

-

-

 

Shareholder Funds

3,857,546

-1.9 %

3,933,863

0.4 %

3,919,818

 

Net Worth

3,857,546

-1.9 %

3,933,863

0.4 %

3,919,818

 

miscellaneous

 

 

Annual Accounts

11/10-10/11

Change (%)

11/09-10/10

Change (%)

11/08-10/09

 

 

Net Cashflow from Operations

-

-

-

-

-

 

 

Net Cashflow before Financing

-

-

-

-

-

 

 

Net Cashflow from Financing

-

-

-

-

-

 

 

Contingent Liability

NO

-

NO

-

NO

 

Capital Employed

3,857,546

-1.9 %

3,933,863

0.4 %

3,919,818

 

 

No of Employees

-

-

-

-

-

     

Auditors

 

 

AuditQualification

No Adverse Comments

 

Bankers

 

 

BankBranchCode

 

 

ratios

 

 

Annual Accounts

11/10-10/11

11/09-10/10

11/08-10/09

 

 

Pre-tax profit margin %

-

-

-

 

Current ratio

65.87

41.94

53.15

 

 

Sales/Net Working Capital

-

-

-

 

Gearing %

0.0 %

0.0 %

0.0 %

 

Equity in %

99.1 %

98.6 %

98.9 %

 

 

Creditor Days

-

-

-

 

 

Debtor Days

-

-

-

 

Liquidity/Acid Test

39.66

23.23

25.17

 

 

Return On Capital Employed %

-

-

-

 

 

Return On Total Assets Employed %

-

-

-

 

Current Debt Ratio %

0.0 %

0.0 %

0.0 %

 

Total Debt Ratio %

0.0 %

0.0 %

0.0 %

 

 

Stock Turnover Ratio %

-

-

-

 

 

Return on Net Assets Employed %

-

-

-

 

FOREIGN EXCHANGE RATES

 

Na

 

ADDITIONAL INFORMATION

 

Secondary Industry Code Details

 

 

 

SIC Code

Description

 

4500

Construction

 

 

Mortgage Details

 

 

 

Mortgage Type:

A MORTGAGE DEBENTURE.

 

Date Charge Created:

16/05/1997

Date Charge Registered:

03/06/1997

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

 

Person(s) Entitled:

ALLIED IRISH BANKS PLC

 

Amount Secured:

ALL SUMS NOW DUE OR HEREAFTER TO BECOME DUE FROM THE COMPANY TO THE PERSON(S) ENTITLED

 

Details:

 

 

 

Event History

 

 

Date

Description

27/01/2012

New Accounts Filed

27/01/2012

New Accounts Filed

26/01/2012

Annual Returns

27/07/2011

New Accounts Filed

23/07/2011

Annual Returns

17/06/2010

Annual Returns

17/06/2010

New Accounts Filed

30/07/2009

New Accounts Filed

29/07/2009

Annual Returns

26/08/2008

Annual Returns

26/08/2008

New Accounts Filed

27/02/2003

New Board Member (matthew Peters Jnr) Appointed

26/04/1996

New Board Member (matthew Peters) Appointed

26/04/1996

New Board Member (margaret Peters) Appointed

26/04/1996

New Company Secretary (margaret Peters) Appointed

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.30

UK Pound

1

Rs.81.36

Euro

1

Rs.67.97

 

 

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.