MIRA
INFORM REPORT
|
Report Date : |
05.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
INEOS ENTERPRISES LIMITED |
|
|
|
|
Formerly Known As : |
INEOS CHLOR ENTERPRISES LIMITED |
|
|
|
|
Registered Office : |
Runcorn Site Hq, South Parade Runcorn Cheshire WA7 4JE |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
29.01.2003 |
|
|
|
|
Com. Reg. No.: |
04651437 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Manufacture of Other Inorganic Basic Chemicals |
|
|
|
|
No. of Employees : |
441 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
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 – 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 |
REGISTERED NAME & COMPANY
SUMMARY
|
Company Name |
INEOS ENTERPRISES LIMITED |
Company Number |
04651437 |
|
Registered
Address |
RUNCORN SITE HQ, SOUTH PARADE |
Trading Address |
Runcorn Site Hq, South Parade |
|
|
RUNCORN |
|
|
|
|
|
|
|
|
|
WA7 4JE |
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|
|
|
|
|
|
|
Website Address |
|
|
|
|
Telephone Number
|
01928581800 |
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation
Date |
29/01/2003 |
Company Status |
Active - Accounts Filed |
|
Previous Name |
INEOS CHLOR ENTERPRISES LIMITED |
Type |
Private limited with Share Capital |
|
Date of Change |
30/06/2005 |
Filing Date of
Accounts |
09/07/2011 |
|
|
|
Share Capital |
£100 |
|
SIC03 |
2413 |
Currency |
GBP |
|
SIC03
Description |
MANUFACTURE OF OTHER INORGANIC BASIC CHEMICALS |
||
|
SIC07 |
20130 |
||
|
SIC07 Description
|
MANUFACTURE OF OTHER INORGANIC BASIC CHEMICALS |
||
|
Principal
Activity |
A group engaged in the provision of manufacturing and supply of
chemicals and other services to the chemical industry. |
||
DIRECTORS/MANAGEMENT
Directors
|
Total Current Directors |
7 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
18 |
Current Directors
|
Name |
Date of Birth |
31/05/1944 |
|
|
Officers Title |
Dr |
Nationality |
British |
|
Present
Appointments |
15 |
Function |
Director |
|
Appointment Date |
10/04/2012 |
|
|
|
Address |
Runcorn Site Hq, South Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
25/07/1960 |
|
|
Officers Title |
Ms |
Nationality |
British |
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
04/11/2011 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
20/06/1968 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
65 |
Function |
Director |
|
Appointment Date |
04/11/2011 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
26/02/1968 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
32 |
Function |
Director |
|
Appointment Date |
04/11/2011 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
22/05/1959 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
15 |
Function |
Director |
|
Appointment Date |
16/03/2010 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
22/04/1956 |
|
|
Officers Title |
Mr |
Nationality |
Irish |
|
Present Appointments |
6 |
Function |
Director |
|
Appointment Date |
04/11/2010 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
|
Name |
Date of Birth |
17/08/1961 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
12 |
Function |
Director |
|
Appointment Date |
04/11/2011 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
|
|
|
|
|
Current Company Secretary
|
Name |
Date of Birth |
25/06/1958 |
|
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
22 |
Function |
Company Secretary |
|
Appointment Date |
27/09/2005 |
|
|
|
Address |
Runcorn Site Hq, South
Parade, Runcorn, |
||
Directors
Previous Director/Company
Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
9 |
8 |
|
|
18 |
19 |
|
|
4 |
53 |
|
|
1 |
20 |
|
|
0 |
24 |
|
|
0 |
24 |
|
|
0 |
18 |
|
|
19 |
6 |
|
|
0 |
8 |
|
|
1 |
4 |
|
|
10 |
16 |
|
|
2 |
12 |
|
|
12 |
38 |
|
|
12 |
38 |
|
|
8 |
6 |
|
|
0 |
7 |
|
|
0 |
5 |
|
|
2584 |
263481 |
NEGATIVE INFORMATION
CCJ
|
Total Number of Exact
CCJs - |
Total Value of Exact
CCJs - |
||
|
Total Number of Possible
CCJs - |
Total Value of Possible
CCJs - |
||
|
Total Number of
Satisfied CCJs - |
Total Value of Satisfied
CCJs - |
||
|
Total Number of Writs - |
- |
|
|
Exact CCJ Details
There are no exact CCJ
details
Possible CCJ Details
There are no possible CCJ
details
Writ Details
There are no writ details
Back to Top
Mortgage Summary
|
Outstanding |
4 |
|
Satisfied |
3 |
Full CCJ Details
Exact CCJ Details
|
No CCJs found |
Possible CCJs Details
|
There are no possible
CCJ details |
Writ Details
|
No writs found |
Mortgage Details
Mortgage Details
|
Mortgage Type: |
ENGLISH LAW DEBENTURE |
||
|
Date Charge Created: |
01/08/11 |
|
|
|
Date Charge Registered: |
08/08/11 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC (THE
SECURITY TRUSTEE) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY, ANY OTHER MEMBER OF THE GROUPOR ANY OTHER
GRANTOR OF TRANSACTION SECURITY TO ANY SECURED PARTY AND/OR ANY RECEIVER ON ANY
ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING
OR EVIDENCING THE CHARGE |
||
|
Details: |
FIXED AND FLOATING
CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE,
INCLU DING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED
PLANT & MACHINERY SEE IMAGEFO R FULL DETAILS |
||
|
Mortgage Type: |
DEBENTURE |
||
|
Date Charge Created: |
28/01/10 |
|
|
|
Date Charge Registered: |
05/02/10 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC (THE
SECURITY TRUSTEE) |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY, ANY OTHER MEMBER OF THE GROUPOR ANY OTHER GRANTOR
OF TRANSACTION SECURITY TO ANY SECURED PARTY AND/OR ANY RECEIVER ON ANY
ACCOUNT WHATSOEVER UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING
OR EVIDENCING THE CHARGE |
||
|
Details: |
FIXED AND FLOATING CHARGE
OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLU
DING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT
& MACHINERY SEE IMAGEFO R FULL DETAILS |
||
|
Mortgage Type: |
CHARGE OVER CASH
DEPOSITS |
||
|
Date Charge Created: |
30/09/09 |
|
|
|
Date Charge Registered: |
20/10/09 |
|
|
|
Date Charge Satisfied: |
23/03/11 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
BANK OF SCOTLAND PLC
(THE SECURITY TRUSTEE AND THE ACCOUNT BANK) |
||
|
Amount Secured: |
|
||
|
Details: |
RIGHTS TITLE INTEREST
AND BENEFIT IN THE CASH DEPOSIT SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
|
||
|
Date Charge Created: |
30/09/09 |
|
|
|
Date Charge Registered: |
08/10/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
PARTIAL PROPERTY RELEASE |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC AS THE
SECURITY TRUSTEE |
||
|
Amount Secured: |
|
||
|
Details: |
FIXED AND FLOATING CHARGE
THE ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOK DEBTS, UNCALLED CA
PITAL, BUILDINGS, FIXTURES, ALL PLANT & MACHINERY SEE IMAGEFOR FULL
DETAILS |
||
|
Mortgage Type: |
FINANCIAL SECURITIES
ACCOUNT PLEDGE AGREEMENT |
||
|
Date Charge Created: |
30/09/09 |
|
|
|
Date Charge Registered: |
08/10/09 |
|
|
|
Date Charge Satisfied: |
- |
|
|
|
Status: |
OUTSTANDING |
|
|
|
Person(s) Entitled: |
BARCLAYS BANK PLC AS THE
SECURITY TRUSTEE |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY AS BORROWER AND ANY GRANTOR OFTRANSACTION
SECURITY WHETHER OR NOT SUCH GRANTOR IS A MEMBER OF THE GROUP TO ANY SECURED
PARTY UNDER THE TERMS OF THE AFO REMENTIONED INSTRUMENT CREATING OR
EVIDENCING THE CHARGE |
||
|
Details: |
THE PLEDGED ACCOUNT
MEANS SPECIAL FINANCIAL SECURITIES ACCOUNT DETAILS IN THE STATEMENT OF PLEDGE
AN D THE SPECIAL CASH ACCOUNT SEE IMAGE FOR FULL DETAILS |
||
|
Mortgage Type: |
SECURITY DEED SUPPLEMENTAL
TO A GUARANTEE AND DEBENTURE DATED 31 DECEMBER 2003 AND |
||
|
Date Charge Created: |
30/12/05 |
|
|
|
Date Charge Registered: |
06/01/06 |
|
|
|
Date Charge Satisfied: |
20/10/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
THE GOVERNOR AND COMPANY
OF THE BANK OF |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE
AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE |
||
|
Details: |
WITH FULL TITLE
GUARANTEE, THE F/H PROPERTY BEING WESTON POINT SALT WORKS MERSEY VIEW WESTON
POINT R UNCORN T/N CH352146, L/H PROPERTY WESTON POINT SALT WORKS RUNCORN T/N
CH352145, ALL RIGHT TITLE ANDI NTEREST IN THE TRADE MARKS AND THE SALE AND
PURCHASE AGREEMENT,SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
|
Mortgage Type: |
GUARANTEE &
DEBENTURE |
||
|
Date Charge Created: |
31/12/03 |
|
|
|
Date Charge Registered: |
10/01/04 |
|
|
|
Date Charge Satisfied: |
20/10/09 |
|
|
|
Status: |
SATISFIED |
|
|
|
Person(s) Entitled: |
THE GOVERNOR AND COMPANY
OF THE BANK OF |
||
|
Amount Secured: |
ALL MONIES DUE OR TO
BECOME DUE FROM EACH GROUP COMPANY TO THE SECURITY TRUSTEEAND THE FINANCE
PARTI ES UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR
EVIDENCING THE CHARGE |
||
|
Details: |
HOLFORD BRINEFIELDS CHESHIRE,
LAND AND RESERVOIR AT ACTON CLIFF FARM NEAR NORTHWICH CHESHIRE, RAVENS CROFT
RESERVOIR ANDPUMPING STATION MIDDLEWICH CHESHIRE (FORFURTHER DETAILS OF
PROPERTIES AND T/NOSCH ARGED PLEASE SEE SCHEDULE TO FORM 395FIXED AND
FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERT Y AND ASSETS PRESENT
AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES
FIX ED PLANT AND MACHINERYSEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS |
||
SHARE & SHARE CAPITAL
INFORMATION
Top 20 Shareholders
|
Name |
Individual Share Value |
|
|
INEOS ENTERPRISES GROUP
LTD |
100 ORDINARY GBP 1.00 |
|
|
Share Capital |
£100 |
|
PAYMENT INFORMATION
Summary – Payment History
Key Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder Funds |
Employees |
|
31/12/2010 |
£198,500,000 |
£22,000,000 |
£134,500,000 |
441 |
|
31/12/2009 |
£209,400,000 |
£11,100,000 |
£130,200,000 |
427 |
|
31/12/2008 |
£240,900,000 |
£27,400,000 |
£99,100,000 |
416 |
Payment Information
Summary
|
Total number of Invoices
available |
92 |
|
Total number of Invoices
paid within or up to 30 days after the due date |
83 |
|
Total number of Invoices
paid more than 30 days after the due date |
4 |
|
Total number of Invoices
currently outstanding where the due date has not yet been reached |
4 |
|
Total number of Invoices
currently outstanding beyond the due date |
1 |
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group Structure
Statistics
|
Group |
101 companies |
|
Linkages |
|
|
Countries |
Summary
|
Holding Company |
INEOS ENTERPRISES GROUP
LIMITED |
|
Ownership Status |
Intermediately Owned |
|
Ultimate Holding Company
|
INEOS AG |
Group structure
|
Company Name |
|
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
|
06631578
|
31.12.2011 |
N |
|
|
|
|
07497205 |
- |
N |
|
|
|
|
04215887 |
31.12.2010 |
N |
|
|
|
|
04482030 |
31.12.2010 |
N |
|
|
|
|
04359903 |
31.12.2010 |
N |
|
|
|
|
04144744
|
31.12.2010 |
N |
|
|
|
|
04241416 |
31.12.2010 |
N |
|
|
|
|
04132696 |
31.12.2010 |
N |
|
|
|
|
05407940 |
31.12.2010 |
N |
|
|
|
|
07085014
|
31.12.2010 |
N |
|
|
|
|
02514084
|
31.12.2010 |
N |
|
|
|
|
IE241522 |
31.12.2010 |
N |
€1,102,108 |
|
|
|
07085219 |
31.12.2010 |
N |
£16,563 |
|
|
|
05807165 |
31.12.2010 |
N |
|
|
|
|
07084307
|
31.12.2010 |
N |
£37,551,306
|
|
|
|
03982231
|
31.12.2010 |
N |
|
|
|
|
03938607 |
31.12.2010 |
N |
|
|
|
|
04049690
|
31.12.2010 |
N |
|
|
|
|
04115605
|
31.12.2010 |
N |
|
|
|
|
04110462
|
31.12.2010 |
N |
|
|
|
|
04041123
|
31.12.2010 |
N |
£26,428,000
|
|
|
|
04154120
|
31.12.2011 |
N |
|
|
|
|
04115524
|
31.12.2010 |
N |
|
|
|
|
04012355
|
31.12.2010 |
N |
|
|
|
|
00048745 |
31.12.2010 |
N |
|
|
|
|
04154122
|
31.12.2010 |
N |
|
|
|
|
04122347 |
31.12.2010 |
N |
|
|
|
|
04068860
|
31.12.2011 |
N |
|
|
|
|
03545207 |
31.12.2010 |
N |
£1,357,290,450 |
|
|
|
04092597 |
31.12.2010 |
N |
|
|
|
|
04092648 |
31.12.2010 |
N |
|
|
|
|
04105193 |
31.12.2010 |
N |
£1,035,575 |
|
|
|
04105198 |
31.12.2010 |
N |
£499,251 |
|
|
|
04980788 |
31.12.2010 |
N |
|
|
|
|
07185465 |
31.12.2010 |
N |
|
|
|
|
06576859 |
31.12.2010 |
Y |
£22,247,866,319 |
|
|
|
03534631 |
31.12.2010 |
N |
£59,686,975 |
|
|
|
03546093
|
31.12.2011 |
N |
|
|
|
|
04215862 |
31.12.2010 |
Y |
£20,107,678,806 |
|
|
|
N/A |
- |
- |
|
|
|
|
04687714 |
31.12.2010 |
N |
|
|
|
|
03965021 |
31.12.2010 |
N |
|
|
|
|
04846517
|
31.12.2010 |
N |
|
|
|
|
04651437 |
31.12.2010 |
Y |
£198,500,000 |
|
|
|
04215941
|
31.12.2009 |
N |
|
|
|
|
N/A |
- |
- |
|
|
|
|
05310700 |
31.12.2010 |
N |
|
|
|
|
05310669 |
31.12.2010 |
N |
|
|
|
|
05310684 |
31.12.2010 |
N |
|
|
|
|
06220099
|
31.12.2010 |
N |
|
|
|
|
06480046 |
31.12.2010 |
N |
£37,800,000 |
|
|
|
06609077
|
31.12.2010 |
N |
|
|
|
|
06674365 |
31.12.2010 |
N |
|
|
|
|
06831798
|
31.12.2010 |
N |
|
|
|
|
06831802 |
31.12.2010 |
N |
|
|
|
|
06981897 |
31.12.2010 |
N |
|
|
|
|
07445497 |
- |
N |
|
|
|
|
06981874 |
31.12.2010 |
N |
|
|
|
|
06238238 |
31.12.2010 |
N |
£343,699,000 |
|
|
|
04589671 |
31.12.2010 |
N |
|
|
|
|
07445505 |
- |
N |
|
|
|
|
N/A |
- |
- |
|
|
|
|
06981850 |
31.12.2010 |
N |
|
|
|
|
SC010612
|
31.12.2010 |
N |
£450,933,000 |
|
|
|
06576861 |
31.12.2010 |
N |
|
|
|
|
07027513 |
31.12.2010 |
Y |
£1,736,176,654 |
|
|
|
06179953 |
31.12.2010 |
N |
|
|
|
|
07085121
|
31.12.2010 |
N |
|
|
|
|
00547640
|
31.12.2010 |
N |
£515,200,000
|
|
|
|
03253314
|
31.12.2010 |
N |
|
|
|
|
04588429
|
31.12.2010 |
N |
|
|
|
|
04772918 |
31.12.2010 |
N |
|
|
|
|
04068812
|
31.12.2010 |
N |
£393,300,000
|
|
|
|
02076043 |
31.12.2010 |
N |
|
|
|
|
06574947 |
31.12.2010 |
N |
|
|
|
|
06575668 |
31.12.2010 |
N |
|
|
|
|
03934724 |
31.12.2010 |
N |
£135,000 |
|
|
|
04154115 |
31.12.2010 |
N |
|
|
|
|
04922758 |
31.12.2010 |
N |
|
|
|
|
01631120
|
31.12.2010 |
N |
£223,274,000
|
|
|
|
01770569
|
31.12.2010 |
N |
|
|
|
|
04797474
|
30.06.2011 |
N |
|
|
|
|
06959146 |
31.12.2010 |
Y |
£1,298,850,575 |
|
|
|
06958119 |
31.12.2010 |
N |
|
|
|
|
06966033 |
31.12.2010 |
N |
|
|
|
|
02388655 |
31.12.2010 |
N |
£1,226,329 |
|
|
|
06889038
|
31.12.2010 |
N |
|
|
|
|
06888886
|
31.12.2010 |
N |
|
|
|
|
N/A |
- |
- |
|
|
|
|
06312813 |
31.12.2010 |
N |
£960,983 |
|
|
|
06965904
|
31.12.2010 |
N |
|
|
|
|
04607922
|
31.12.2010 |
N |
|
|
|
|
05293217 |
31.12.2010 |
Y |
£47,562,658 |
|
|
|
04482032 |
31.12.2010 |
N |
£216,575 |
|
|
|
06716202 |
31.12.2010 |
Y |
£41,100,000 |
|
|
|
N/A |
- |
- |
|
|
|
|
IE431558 |
31.12.2010 |
N |
|
|
|
|
IE431571 |
31.12.2010 |
N |
|
Linkages
Statistics
|
Group |
|
|
Linkages |
13 companies |
|
Countries |
In 3 countries |
Other Linked companies
|
|
Number |
Latest Key Financials |
||
|
|
HRB 9687 |
31.12.2010 |
€1,790,611,297 |
|
|
|
351670823 |
31.12.2010 |
€526,043,897 |
|
|
|
542041421 |
31.12.2010 |
€140,550,373 |
|
|
|
HRB 64857 |
31.12.2010 |
€22,912,700,000 |
|
|
|
338623127 |
31.12.2010 |
€34,164,798 |
|
|
|
HRB
37428 |
31.12.2010 |
€2,030,193,565
|
|
|
|
HRB 61258 |
31.12.2010 |
€12,900,000 |
|
|
|
HRB
57260 |
31.12.2010 |
€571,693,956
|
|
|
|
HRB
10081 |
31.12.2010 |
€363,942,338
|
|
|
|
34124773
|
31.12.2008 |
|
|
|
|
HRA
40034 |
31.12.2010 |
|
|
|
|
HRA 24630 |
31.12.2010 |
|
|
|
|
HRB
69233 |
- |
|
FINANCIAL INFORMATION
Financials
Profit & Loss
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
Consolidated A/cs |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
(%) |
Y |
|
Turnover |
£198,500,000 |
-5.2% |
£209,400,000 |
-13.1% |
£240,900,000 |
0.5% |
£239,600,000 |
4.3% |
£229,800,000 |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
£148,300,000 |
- |
£153,200,000 |
- |
£177,900,000 |
- |
£168,200,000 |
- |
£184,900,000 |
|
Gross Profit |
£50,200,000 |
-10.7% |
£56,200,000 |
-10.8% |
£63,000,000 |
-11.8% |
£71,400,000 |
59% |
£44,900,000 |
|
Wages & Salaries |
£18,500,000 |
6.9% |
£17,300,000 |
-1.1% |
£17,500,000 |
-36.8% |
£27,700,000 |
25.3% |
£22,100,000 |
|
Directors Emoluments |
£760,000 |
-1.3% |
£770,000 |
-20.6% |
£970,000 |
26% |
£770,000 |
92.5% |
£400,000 |
|
Operating Profit |
£22,000,000 |
51.7% |
£14,500,000 |
-53.2% |
£31,000,000 |
1% |
£30,700,000 |
24.8% |
£24,600,000 |
|
Depreciation |
£9,100,000 |
-2.2% |
£9,300,000 |
-4.1% |
£9,700,000 |
-3% |
£10,000,000 |
16.3% |
£8,600,000 |
|
Audit Fees |
£100,000 |
- |
£100,000 |
- |
£100,000 |
-50% |
£200,000 |
-99.7% |
£75,000,000 |
|
Interest Payments |
£1,000,000 |
-9.1% |
£1,100,000 |
-65.6% |
£3,200,000 |
52.4% |
£2,100,000 |
-22.2% |
£2,700,000 |
|
Pre Tax Profit |
£22,000,000 |
98.2% |
£11,100,000 |
-59.5% |
£27,400,000 |
-9.9% |
£30,400,000 |
38.8% |
£21,900,000 |
|
Taxation |
-£2,800,000 |
-833.3% |
-£300,000 |
97.7% |
-£13,000,000 |
-4.8% |
-£12,400,000 |
-7.8% |
-£11,500,000 |
|
Profit After Tax |
£19,200,000 |
77.8% |
£10,800,000 |
-25% |
£14,400,000 |
-20% |
£18,000,000 |
73.1% |
£10,400,000 |
|
Dividends Payable |
£3,500,000 |
-82.5% |
£20,000,000 |
66.7% |
£12,000,000 |
-17.8% |
£14,600,000 |
- |
- |
|
Retained Profit |
£15,700,000 |
270.7% |
-£9,200,000 |
-500% |
£2,300,000 |
-25.8% |
£3,100,000 |
-69.6% |
£10,200,000 |
Balance Sheet
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Tangible Assets |
£143,300,000 |
9.1% |
£131,400,000 |
32.5% |
£99,200,000 |
17.7% |
£84,300,000 |
2.6% |
£82,200,000 |
|
Intangible Assets |
£1,100,000 |
-47.6% |
£2,100,000 |
-27.6% |
£2,900,000 |
-19.4% |
£3,600,000 |
-52% |
£7,500,000 |
|
Total Fixed Assets |
£144,400,000 |
8.2% |
£133,500,000 |
30.8% |
£102,100,000 |
16.2% |
£87,900,000 |
-2% |
£89,700,000 |
|
Stock |
£7,800,000 |
5.4% |
£7,400,000 |
-47.9% |
£14,200,000 |
115.2% |
£6,600,000 |
-60.2% |
£16,600,000 |
|
Trade Debtors |
£15,900,000 |
16.1% |
£13,700,000 |
-52.3% |
£28,700,000 |
10% |
£26,100,000 |
-43.4% |
£46,100,000 |
|
Cash |
£8,800,000 |
-11.1% |
£9,900,000 |
115.2% |
£4,600,000 |
-83.2% |
£27,400,000 |
315.2% |
£6,600,000 |
|
Other Debtors |
£11,400,000 |
-36.7% |
£18,000,000 |
23.3% |
£14,600,000 |
-9.9% |
£16,200,000 |
276.7% |
£4,300,000 |
|
Miscellaneous Current
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
£43,900,000 |
-10.4% |
£49,000,000 |
-21.1% |
£62,100,000 |
-18.6% |
£76,300,000 |
3.7% |
£73,600,000 |
|
Trade Creditors |
£7,700,000 |
6.9% |
£7,200,000 |
-50.7% |
£14,600,000 |
49% |
£9,800,000 |
-33.8% |
£14,800,000 |
|
Bank Loans &
Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other Short Term Finance |
£2,700,000 |
-34.1% |
£4,100,000 |
46.4% |
£2,800,000 |
-33.3% |
£4,200,000 |
- |
0 |
|
Miscellaneous Current
Liabilities |
£24,000,000 |
40.4% |
£17,100,000 |
-30.2% |
£24,500,000 |
2.5% |
£23,900,000 |
-4.4% |
£25,000,000 |
|
Total Current
Liabilities |
£34,400,000 |
21.1% |
£28,400,000 |
-32.2% |
£41,900,000 |
10.6% |
£37,900,000 |
-4.8% |
£39,800,000 |
|
Bank Loans &
Overdrafts and LTL |
£19,400,000 |
-18.8% |
£23,900,000 |
3% |
£23,200,000 |
-57% |
£53,900,000 |
-6.7% |
£57,800,000 |
|
Other Long Term Finance |
£500,000 |
- |
£500,000 |
25% |
£400,000 |
100% |
£200,000 |
-99.5% |
£37,600,000 |
|
Total Long Term
Liabilities |
£19,400,000 |
-18.8% |
£23,900,000 |
3% |
£23,200,000 |
-57% |
£53,900,000 |
-6.7% |
£57,800,000 |
Capital & Reserves
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Called Up Share Capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
P & L Account
Reserve |
£46,200,000 |
50% |
£30,800,000 |
-29.5% |
£43,700,000 |
3.1% |
£42,400,000 |
18.8% |
£35,700,000 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
£88,300,000 |
-11.2% |
£99,400,000 |
79.4% |
£55,400,000 |
84.7% |
£30,000,000 |
- |
£30,000,000 |
|
Shareholder Funds |
£134,500,000 |
3.3% |
£130,200,000 |
31.4% |
£99,100,000 |
36.9% |
£72,400,000 |
10.2% |
£65,700,000 |
Other Financial Items
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Net Worth |
£133,400,000 |
4.1% |
£128,100,000 |
33.2% |
£96,200,000 |
39.8% |
£68,800,000 |
18.2% |
£58,200,000 |
|
Working Capital |
£9,500,000 |
-53.9% |
£20,600,000 |
2% |
£20,200,000 |
-47.4% |
£38,400,000 |
13.6% |
£33,800,000 |
|
Total Assets |
£188,300,000 |
3.2% |
£182,500,000 |
11.1% |
£164,200,000 |
- |
£164,200,000 |
0.6% |
£163,300,000 |
|
Total Liabilities |
£53,800,000 |
2.9% |
£52,300,000 |
-19.7% |
£65,100,000 |
-29.1% |
£91,800,000 |
-5.9% |
£97,600,000 |
|
Net Assets |
£134,500,000 |
3.3% |
£130,200,000 |
31.4% |
£99,100,000 |
36.9% |
£72,400,000 |
10.2% |
£65,700,000 |
Cash Flow
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Net Cashflow from
Operations |
£28,900,000 |
-22.7% |
£37,400,000 |
17.2% |
£31,900,000 |
-60.2% |
£80,100,000 |
239.4% |
£23,600,000 |
|
Net Cashflow before
Financing |
-£1,100,000 |
-120.8% |
£5,300,000 |
141.1% |
-£12,900,000 |
-126.7% |
£48,300,000 |
762.5% |
£5,600,000 |
|
Net Cashflow from
Financing |
- |
- |
- |
100% |
-£9,900,000 |
64% |
-£27,500,000 |
-999.9% |
-£1,000,000 |
|
Increase in Cash |
-£1,100,000 |
-120.8% |
£5,300,000 |
123.2% |
-£22,800,000 |
-209.6% |
£20,800,000 |
352.2% |
£4,600,000 |
Miscellaneous
|
Date Of Accounts |
31/12/10 |
(%) |
31/12/09 |
(%) |
31/12/08 |
(%) |
31/12/07 |
(%) |
31/12/06 |
|
Contingent Liability |
YES |
- |
YES |
- |
NO |
- |
NO |
- |
NO |
|
Capital Employed |
£153,900,000 |
-0.1% |
£154,100,000 |
26% |
£122,300,000 |
-3.2% |
£126,300,000 |
2.3% |
£123,500,000 |
|
Number of Employees |
441 |
3.3% |
427 |
2.6% |
416 |
-16% |
495 |
-2% |
505 |
|
Auditors |
PRICEWATERHOUSECOOPERS
LLP |
||||||||
|
Auditor Comments |
The audit report
contains no adverse comments |
||||||||
|
Bankers |
|
||||||||
|
Bank Branch Code |
|
||||||||
Ratios
|
Date Of Accounts |
31/12/10 |
31/12/09 |
31/12/08 |
31/12/07 |
31/12/06 |
|
Pre-tax profit margin % |
11.08 |
5.30 |
11.37 |
12.69 |
9.53 |
|
Current ratio |
1.28 |
1.73 |
1.48 |
2.01 |
1.85 |
|
Sales/Net Working
Capital |
20.89 |
10.17 |
11.93 |
6.24 |
6.80 |
|
Gearing % |
14.40 |
18.40 |
23.40 |
74.40 |
88 |
|
Equity in % |
71.80 |
72.20 |
61.40 |
45.10 |
42.20 |
|
Creditor Days |
14.11 |
12.51 |
22.06 |
14.88 |
23.44 |
|
Debtor Days |
29.15 |
23.81 |
43.36 |
39.65 |
73.02 |
|
Liquidity/Acid Test |
1.04 |
1.46 |
1.14 |
1.83 |
1.43 |
|
Return On Capital
Employed % |
14.29 |
7.20 |
22.40 |
24.06 |
17.73 |
|
Return On Total Assets
Employed % |
11.68 |
6.08 |
16.68 |
18.51 |
13.41 |
|
Current Debt Ratio |
0.25 |
0.21 |
0.42 |
0.52 |
0.60 |
|
Total Debt Ratio |
0.40 |
0.40 |
0.65 |
1.26 |
1.48 |
|
Stock Turnover Ratio % |
3.92 |
3.53 |
5.89 |
2.75 |
7.22 |
|
Return on Net Assets
Employed % |
16.35 |
8.52 |
27.64 |
41.98 |
33.33 |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
19/04/2012 |
New Board Member Mr A.
White appointed |
|
17/04/2012 |
Mr G.S. Corsi has left
the board |
|
17/04/2012 |
New Board Member Dr J.W.
Dawson appointed |
|
11/02/2012 |
Annual Returns |
|
28/11/2011 |
New Board Member Mr G.
Leask appointed |
|
15/11/2011 |
Mr S.J. Dossett has left
the board |
|
15/11/2011 |
Mr P.C. Overment has
left the board |
|
15/11/2011 |
Mr A.J. Reed has left
the board |
|
15/11/2011 |
Mr G.B. Stewart has left
the board |
|
15/11/2011 |
New Board Member Mr G.
Leask appointed |
|
15/11/2011 |
New Board Member Mr M.J.
Maher appointed |
|
15/11/2011 |
New Board Member Mr A.
White appointed |
|
15/11/2011 |
New Board Member Ms J.C.
Dolan appointed |
|
22/09/2011 |
Dr H. Deans has left the
board |
|
22/09/2011 |
Mr K. Metcalfe has left
the board |
Previous Company Names
|
Date |
Previous Name |
|
30/06/2005 |
INEOS CHLOR ENTERPRISES
LIMITED |
Creditor & Debtor
Details
Creditor Details
|
No Creditor Data |
|
Total Value |
- |
Trade Debtors / Bad Debt
Detail
|
No Debtor Data |
|
Total Value |
- |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.72 |
|
|
1 |
Rs.86.98 |
|
Euro |
1 |
Rs.70.64 |
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.