MIRA
INFORM REPORT
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Report Date : |
18.05.2012 |
IDENTIFICATION DETAILS
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Name : |
PRIMARK STORES LTD. |
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Registered Office : |
Primark House |
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Country : |
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Financials (as on) : |
18.09.2010 |
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Date of Incorporation : |
30.04.1948 |
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Com. Reg. No.: |
00453448 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Retail |
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No. of Employees : |
23,707 |
RATING & COMMENTS
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MIRAs Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Good |
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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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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
Primark Stores Ltd.
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Business
Description
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Established in 1969, Primark Stores Ltd. owns and operates several clothing
stores in the |
Industry
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Industry |
Retail (Apparel) |
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ANZSIC 2006: |
4251 - Clothing Retailing |
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NACE 2002: |
5242 - Retail sale of clothing |
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NAICS 2002: |
4481 - Clothing Stores |
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5242 - Retail sale of clothing |
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US SIC 1987: |
5651 - Family Clothing Stores |
Key Executives
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News
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Financial
Summary
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1 - Profit & Loss
Item Exchange Rate: USD 1 = GBP 0.6420356
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6396111
Corporate Overview
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The Strategic Initiatives report is created using technology to
extract meaningful insights from analyst reports about a company's strategic
projects and investments. More about Strategic Initiatives
|
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Key Organizational Changes |
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ABF also added that this sale would push Primarkβs profits. The
company also plans to open six more stores in the later part of 2010, with
three stores in |
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Sales and Distribution |
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Feb 23, 2010Primark reports high sales, plans expansionUK-based
fashion retailer Primark, owned by Associated British Foods (ABF) has
reported a sales growth of 8% in the last six months, owing to strong
Christmas shopping.ABF remarked that the shopping during the festival season
was higher than their expectations and was more than 2009. ABF also added
that this sale would push Primarkβs profits. The company also plans to open
six more stores in the later part of 2010, with three stores in |
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Corporate Structure News
Total Corporate
Family Members: 300
Excluded Small Branches and/or Trading Addresses: 69 (Available via export)
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
|
|
Retail (Department and Discount) |
15,974.2 |
97,691 |
|
|
Subsidiary |
|
|
Food Processing |
17,767.1 |
102,253 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
3,092.9 |
23,707 |
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
|
|
Food Processing |
1,127.3 |
12,159 |
|
|
Subsidiary |
Limbe |
|
Food Processing |
218.7 |
8,605 |
|
|
Subsidiary |
Mazabuka |
|
Food Processing |
255.1 |
4,962 |
|
|
Subsidiary |
|
|
Food Processing |
|
3,000 |
|
|
Subsidiary |
Kidatu |
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
2,774.7 |
12,000 |
|
|
Subsidiary |
|
|
Food Processing |
1,840.8 |
8,000 |
|
|
Subsidiary |
|
|
Food Processing |
25.7 |
200 |
|
|
Subsidiary |
Chatswood, NSW |
|
Food Processing |
29.3 |
55 |
|
|
Subsidiary |
|
|
Food Processing |
1,369.7 |
1,730 |
|
|
Subsidiary |
|
|
Food Processing |
2,039.0 |
1,500 |
|
|
Branch |
|
|
Food Processing |
24.3 |
60 |
|
|
Branch |
|
|
Food Processing |
14.6 |
36 |
|
|
Subsidiary |
Penrose |
|
Food Processing |
210.3 |
1,000 |
|
|
Subsidiary |
|
|
Food Processing |
584.1 |
925 |
|
|
Subsidiary |
|
|
Food Processing |
603.2 |
24 |
|
|
Subsidiary |
|
|
Electric Utilities |
13.0 |
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
75.0 |
500 |
|
|
Subsidiary |
|
|
Food Processing |
57.5 |
500 |
|
|
Subsidiary |
Neuenegg |
|
Food Processing |
152.3 |
300 |
|
|
Subsidiary |
|
|
Food Processing |
450.0 |
180 |
|
|
Branch |
|
|
Food Processing |
12.2 |
30 |
|
|
Branch |
|
|
Food Processing |
9.7 |
24 |
|
|
Subsidiary |
|
|
Food Processing |
1.0 |
150 |
|
|
Subsidiary |
|
|
Chemical Manufacturing |
|
150 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
135 |
|
|
Subsidiary |
Ermington , NSW |
|
Food Processing |
12.5 |
118 |
|
|
Subsidiary |
Camellia, NSW |
|
Food Processing |
62.6 |
110 |
|
|
Subsidiary |
|
|
Food Processing |
|
80 |
|
|
Subsidiary |
|
|
Food Processing |
34.9 |
72 |
|
|
Subsidiary |
|
|
Chemical Manufacturing |
37.7 |
60 |
|
|
Subsidiary |
Tilbury |
|
Nonclassifiable Industries |
|
60 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
3 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
SetΓΊbal |
|
Food Processing |
26.4 |
53 |
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|
Subsidiary |
|
|
Retail (Grocery) |
4.9 |
20 |
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|
Subsidiary |
|
|
Business Services |
4.6 |
20 |
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|
Subsidiary |
|
|
Nonclassifiable Industries |
4.6 |
18 |
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|
Subsidiary |
|
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Food Processing |
57.2 |
140 |
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|
Subsidiary |
|
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Commercial Banks |
|
1 |
|
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Subsidiary |
|
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Retail (Grocery) |
8.5 |
|
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|
Subsidiary |
|
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Biotechnology and Drugs |
88.3 |
80 |
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Subsidiary |
|
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Biotechnology and Drugs |
1.0 |
4 |
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Subsidiary |
BaruerΓ |
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Food Processing |
|
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|
Subsidiary |
|
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Food Processing |
8.5 |
20 |
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Subsidiary |
Rajamaki |
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Chemical Manufacturing |
2.7 |
17 |
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|
Subsidiary |
|
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Biotechnology and Drugs |
11.3 |
12 |
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Subsidiary |
Sydney, NSW |
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Biotechnology and Drugs |
|
7 |
|
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Subsidiary |
|
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Food Processing |
13.3 |
9 |
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Subsidiary |
Merelbeke |
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Retail (Grocery) |
5.7 |
5 |
|
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Subsidiary |
|
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Miscellaneous Financial Services |
|
4 |
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Food Processing |
1,241.2 |
1,994 |
|
|
Subsidiary |
|
|
Food Processing |
|
10 |
|
|
Subsidiary |
|
|
Non-Metallic Mining |
5.1 |
|
|
|
Subsidiary |
|
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Food Processing |
1.0 |
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Tilbury |
|
Food Processing |
262.1 |
280 |
|
|
Subsidiary |
Eye |
|
Miscellaneous Capital Goods |
|
3 |
|
|
Subsidiary |
|
|
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Capital Goods |
|
3 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
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|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
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|
Subsidiary |
Thetford |
|
Miscellaneous Fabricated Products |
|
|
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|
Subsidiary |
|
|
Nonclassifiable Industries |
|
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|
Subsidiary |
Louth |
|
Miscellaneous Capital Goods |
|
|
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|
Subsidiary |
Driffield |
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Berwick Upon |
|
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Maidenhead |
|
Nonclassifiable Industries |
|
150 |
|
|
Subsidiary |
|
|
Commercial Banks |
|
58 |
|
|
Subsidiary |
|
|
Food Processing |
1,249.5 |
909 |
|
|
Subsidiary |
|
|
Food Processing |
|
350 |
|
|
Subsidiary |
Rugeley |
|
Food Processing |
|
100 |
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Walsingham |
|
Nonclassifiable Industries |
|
60 |
|
|
Subsidiary |
|
|
Food Processing |
|
33 |
|
|
Subsidiary |
|
|
Commercial Banks |
|
6 |
|
|
Subsidiary |
Studley |
|
Food Processing |
|
2 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Personal Services |
|
2 |
|
|
Subsidiary |
|
|
Crops |
125.0 |
|
|
|
Subsidiary |
|
|
Personal Services |
1,548.1 |
702 |
|
|
Subsidiary |
Newbury |
|
Personal Services |
|
25 |
|
|
Subsidiary |
Tadcaster |
|
Personal Services |
|
10 |
|
|
Subsidiary |
Haddington |
|
Personal Services |
|
7 |
|
|
Subsidiary |
Turriff |
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Food Processing |
108.9 |
178 |
|
|
Subsidiary |
|
|
Crops |
|
80 |
|
|
Subsidiary |
|
|
Chemical Manufacturing |
|
25 |
|
|
Subsidiary |
Ripon |
|
Food Processing |
|
50 |
|
|
Subsidiary |
|
|
Commercial Banks |
|
37 |
|
|
Subsidiary |
|
|
Commercial Banks |
|
5 |
|
|
Subsidiary |
Antrim |
|
Food Processing |
0.2 |
3 |
|
|
Subsidiary |
|
|
Construction Services |
1.4 |
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Food Processing |
1,021.8 |
5,105 |
|
|
Subsidiary |
Brighouse |
|
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Food Processing |
366.9 |
838 |
|
|
Subsidiary |
|
|
Retail (Grocery) |
|
35 |
|
|
Subsidiary |
|
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Retail (Grocery) |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Retail (Specialty) |
|
|
|
|
Subsidiary |
|
|
Retail (Specialty) |
|
|
|
|
Subsidiary |
|
|
Construction Services |
|
|
|
|
Subsidiary |
Lisburn |
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Real Estate Operations |
|
|
|
|
Subsidiary |
|
|
Food Processing |
0.0 |
|
|
|
Subsidiary |
|
|
Food Processing |
|
|
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|
Subsidiary |
|
|
|
|
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|
Subsidiary |
Herts |
|
Food Processing |
|
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|
Subsidiary |
|
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Nonclassifiable Industries |
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Subsidiary |
|
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|
|
|
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|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
Leigh |
|
Food Processing |
211.9 |
396 |
|
|
Subsidiary |
|
|
Food Processing |
14.4 |
135 |
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
|
|
|
|
|
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|
Subsidiary |
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|
Food Processing |
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|
Subsidiary |
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|
|
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|
Subsidiary |
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|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
36 |
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
204.2 |
2 |
|
|
Subsidiary |
|
|
Construction Services |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
Lisburn |
|
Nonclassifiable Industries |
|
2 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
9.8 |
|
|
|
Subsidiary |
|
|
Construction Services |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
Bellville |
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
683.6 |
1,943 |
|
|
Subsidiary |
|
|
Retail (Grocery) |
|
130 |
|
|
Subsidiary |
|
|
Retail (Grocery) |
683.6 |
1,943 |
|
|
Subsidiary |
|
|
|
|
4,000 |
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
527 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
500 |
|
|
Subsidiary |
|
|
Retail (Grocery) |
80.1 |
434 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
22.8 |
181 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
22.8 |
181 |
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
5 |
|
|
Subsidiary |
Vestby, Akershus |
|
Retail (Grocery) |
123.7 |
81 |
|
|
Subsidiary |
|
|
Food Processing |
30.6 |
52 |
|
|
Subsidiary |
|
|
Business Services |
7.1 |
48 |
|
|
Subsidiary |
|
|
Construction Services |
59.3 |
|
|
|
Subsidiary |
|
|
Business Services |
5.3 |
|
|
|
Subsidiary |
|
|
Real Estate Operations |
2.2 |
|
|
|
Subsidiary |
|
|
Business Services |
0.0 |
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
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|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
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|
Nonclassifiable Industries |
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|
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|
Subsidiary |
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|
Nonclassifiable Industries |
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|
Subsidiary |
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|
Business Services |
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|
Subsidiary |
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|
Business Services |
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|
Subsidiary |
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|
Business Services |
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|
Subsidiary |
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|
Commercial Banks |
|
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|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
Biggleswade |
|
Food Processing |
181.9 |
534 |
|
|
Subsidiary |
|
|
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
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|
Subsidiary |
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|
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|
Subsidiary |
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Nonclassifiable Industries |
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|
Subsidiary |
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|
Nonclassifiable Industries |
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|
Subsidiary |
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Subsidiary |
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Subsidiary |
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Business Services |
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|
Subsidiary |
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|
Business Services |
|
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|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
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|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Commercial Banks |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bury Saint Edmunds |
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
0.0 |
|
|
|
Subsidiary |
|
|
Personal Services |
44.0 |
147 |
|
|
Subsidiary |
|
|
Retail (Specialty) |
44.0 |
147 |
|
|
Subsidiary |
|
|
Miscellaneous Financial Services |
|
500 |
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
Executives Report
|
|
* Branch executive, office location is different from company profile |
Directors and Shareholders Report
Annual
Return Date: 03 Jul 2011
Total Issued Capital (GBP 000): 50,000
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
24 Aug 1954 |
Ash Lodge, |
05 Jan 2004 |
NA |
Current:3 |
|
|
|
Current |
24 Apr 1957 |
27A |
27 Jul 2000 |
NA |
Current:21 |
|
|
|
Previous |
30 Jan 1945 |
7 Torquay Wood, Leopardstown, |
05 Jan 2004 |
16 Jul 2007 |
Current:0 |
|
|
|
Previous |
19 Jul 1935 |
|
01 Jul 1999 |
16 Jul 2007 |
Current:1 |
|
|
|
Previous |
12 Sep 1957 |
|
27 Jul 2000 |
16 Jul 2007 |
Current:69 |
|
|
|
Previous |
23 Jan 1964 |
Bramston, |
10 Sep 1999 |
26 Jul 2000 |
Current:0 |
|
|
|
Previous |
11 Jan 1934 |
|
03 Jul 1991 |
10 Sep 1999 |
Current:0 |
|
|
|
Previous |
28 Sep 1933 |
115 North Hill, Highgate, |
03 Jul 1991 |
31 May 2000 |
Current:1 |
|
|
|
Previous |
23 May 1943 |
Coolmaine, Grove Road, |
03 Jul 1991 |
16 Jul 2007 |
Current:4 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
|
|
|
There are no corporate directors for this company. |
|
|
|
Individual Secretaries |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
18 Sep 1956 |
45 Oakleigh Park South, |
13 Aug 2001 |
NA |
Current:183 |
|
|
|
Previous |
NA |
|
14 Jul 2006 |
29 Sep 2006 |
Current:0 |
|
|
|
Previous |
04 Mar 1971 |
79B |
NA |
01 Mar 2001 |
Current:0 |
|
|
|
Previous |
NA |
Honey Cottage, Hatton Fields, |
24 Jul 2001 |
13 Aug 2001 |
Current:0 |
|
|
|
Previous |
25 May 1937 |
1A |
18 Apr 1979 |
14 Jul 2000 |
Current:2 |
|
|
|
Previous |
12 Jun 1934 |
|
NA |
11 Jun 1999 |
Current:4 |
|
|
|
Previous |
06 Oct 1957 |
The Coach House, |
01 Mar 2001 |
24 Jul 2001 |
Current:0 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Secretaries |
|
|
|
There are no corporate secretaries for this company. |
|
|
|
Individual Shareholders |
||||||
|
|
||||||
|
There are no individual shareholders for this company. |
||||||
|
|
||||||
|
|
||||||
|
|
|
|
|
|
|
|
|
Corporate Shareholders |
|||||||
|
|
|||||||
|
Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
00306672 |
50000000 Ordinary GBP 1.00 |
Ordinary |
50,000,000 |
1.00 |
50,000,000.00 |
100.00 |
|
|
|
|||||||
Annual Profit
& Loss
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
|
|
|
|
|
|
|
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
16-Sep-2006 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.642036 |
0.644601 |
0.505422 |
0.509519 |
0.557115 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover ( |
- |
- |
- |
- |
1,642.9 |
|
Turnover (Exports) |
- |
- |
- |
- |
0.0 |
|
Total Turnover |
3,092.9 |
2,704.0 |
3,034.7 |
2,548.3 |
1,642.9 |
|
Cost of Sales |
2,491.5 |
2,223.2 |
2,487.1 |
2,100.5 |
1,300.7 |
|
Gross Profit |
601.4 |
480.8 |
547.6 |
447.8 |
342.2 |
|
Depreciation |
113.0 |
103.1 |
109.2 |
95.7 |
48.0 |
|
Other Expenses |
291.7 |
347.4 |
396.7 |
258.6 |
152.1 |
|
Other Income |
6.4 |
5.7 |
16.1 |
11.1 |
11.7 |
|
Interest Paid |
17.2 |
59.6 |
110.3 |
91.5 |
28.2 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
16.5 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Profit Before Taxes |
298.9 |
79.6 |
56.8 |
125.3 |
173.6 |
|
Tax Payable / Credit |
146.2 |
33.3 |
27.6 |
38.8 |
56.3 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
39.7 |
19.4 |
82.1 |
107.9 |
89.7 |
|
Profit After Taxes |
113.0 |
26.8 |
-53.0 |
-21.4 |
27.6 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.3 |
0.3 |
0.2 |
0.2 |
|
Number of Employees |
23,707 |
21,827 |
20,849 |
18,977 |
13,144 |
|
Wages |
298.2 |
264.2 |
315.6 |
271.9 |
168.7 |
|
Social Security Costs |
14.6 |
13.8 |
16.9 |
14.4 |
8.5 |
|
Other Pension Costs |
8.4 |
7.3 |
10.2 |
10.8 |
7.1 |
|
Employees Remuneration |
321.3 |
285.3 |
342.7 |
297.1 |
184.4 |
|
Directors Remuneration |
0.9 |
0.4 |
0.6 |
0.8 |
- |
|
|
|
Annual Balance
Sheet |
|
Financials in: USD
(mil) |
|
|
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
16-Sep-2006 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.639611 |
0.598659 |
0.559989 |
0.497129 |
0.532368 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
983.5 |
1,015.1 |
984.0 |
1,104.6 |
1,043.8 |
|
Fixtures & Fittings |
696.4 |
738.4 |
797.1 |
917.4 |
735.9 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
1,680.0 |
1,753.5 |
1,781.1 |
2,022.0 |
1,779.7 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
1.6 |
1.7 |
1.8 |
2.1 |
1.9 |
|
Total Fixed Assets |
1,681.6 |
1,755.2 |
1,782.9 |
2,024.1 |
1,781.6 |
|
Stocks |
423.5 |
433.8 |
387.3 |
344.3 |
262.7 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
423.5 |
433.8 |
387.3 |
344.3 |
262.7 |
|
Trade Debtors |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Debtors |
12.6 |
0.0 |
0.0 |
3.1 |
0.0 |
|
Director Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Debtors |
32.0 |
49.4 |
90.2 |
88.3 |
71.3 |
|
Total Debtors |
44.6 |
49.4 |
90.2 |
91.4 |
71.3 |
|
Cash and Equivalents |
32.6 |
37.0 |
32.8 |
5.3 |
7.4 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
500.8 |
520.2 |
510.3 |
441.0 |
341.5 |
|
Total Assets |
2,182.3 |
2,275.5 |
2,293.2 |
2,465.1 |
2,123.1 |
|
Trade Creditors |
160.3 |
158.1 |
154.9 |
118.7 |
98.9 |
|
Bank Overdraft |
1.1 |
13.2 |
1.5 |
0.4 |
0.0 |
|
Inter-Company Creditors |
1,313.2 |
1,586.0 |
1,637.9 |
1,730.9 |
1,412.0 |
|
Director Loans (Current Liability) |
0.0 |
0.0 |
- |
- |
0.0 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Finance Lease (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Finance Lease/Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Short Term Loans |
0.0 |
0.0 |
- |
- |
9.4 |
|
Accruals/Deferred Income (Current Liability) |
110.6 |
91.3 |
99.5 |
87.4 |
60.5 |
|
Social Security/VAT |
28.7 |
51.1 |
49.3 |
42.9 |
2.9 |
|
Corporation Tax |
125.2 |
27.8 |
6.4 |
7.2 |
29.7 |
|
Dividends (Current Liability) |
0.0 |
0.0 |
- |
- |
0.0 |
|
Other Current Liabilities |
22.5 |
14.4 |
17.2 |
64.0 |
120.9 |
|
Total Current Liabilities |
1,761.7 |
1,941.9 |
1,966.8 |
2,051.6 |
1,734.3 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
19.0 |
20.4 |
28.1 |
27.6 |
23.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
19.0 |
20.4 |
28.1 |
27.6 |
23.0 |
|
Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
2.9 |
4.9 |
0.0 |
0.0 |
3.2 |
|
Total Long Term Liabilities |
21.9 |
25.3 |
28.1 |
27.6 |
26.2 |
|
Deferred Taxation |
53.9 |
61.6 |
65.7 |
70.3 |
47.3 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
53.9 |
61.6 |
65.7 |
70.3 |
47.3 |
|
Issued Capital |
78.2 |
83.5 |
89.3 |
100.6 |
93.9 |
|
Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
265.8 |
162.8 |
143.1 |
215.1 |
221.3 |
|
Other Reserves |
0.8 |
0.4 |
0.2 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
344.8 |
246.7 |
232.6 |
315.7 |
315.2 |
|
Net Worth |
344.8 |
246.7 |
232.6 |
315.7 |
315.2 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
16-Sep-2006 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.642036 |
0.644601 |
0.505422 |
0.509519 |
0.557115 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
16-Sep-2006 |
|
Period Length |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.639611 |
0.598659 |
0.559989 |
0.497129 |
0.532368 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
0.28 |
0.27 |
0.26 |
0.21 |
0.20 |
|
Liquidity Ratio |
0.04 |
0.04 |
0.06 |
0.05 |
0.05 |
|
Stock Turnover |
7.19 |
6.71 |
7.07 |
7.59 |
6.54 |
|
Working Capital by Sales |
-41.40% |
-48.83% |
-53.18% |
-61.67% |
-81.01% |
|
Return on Capital |
69.98% |
25.68% |
15.69% |
31.06% |
46.73% |
|
Return on Assets |
13.49% |
3.76% |
2.23% |
5.21% |
8.56% |
|
Profit Margin |
9.66% |
2.94% |
1.87% |
4.92% |
10.57% |
|
Return on Shareholders Funds |
85.38% |
34.73% |
22.02% |
40.69% |
57.64% |
|
Borrowing Ratio |
386.71% |
656.60% |
716.91% |
557.21% |
458.22% |
|
Equity Gearing |
15.80% |
10.84% |
10.14% |
12.81% |
14.85% |
|
Debt Gearing |
5.52% |
8.25% |
12.10% |
8.73% |
7.30% |
|
Interest Coverage |
17.34 |
1.33 |
0.51 |
1.37 |
6.15 |
|
Sales by Tangible Assets |
1.81 |
1.66 |
1.54 |
1.29 |
0.97 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Capital Employed per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Tangible Assets per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Total Assets per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
|
Employee Remuneration by Sales |
10.39% |
10.55% |
11.29% |
11.66% |
11.22% |
|
Creditor Days (Cost of Sales Based) |
23.84 |
24.11 |
25.19 |
20.13 |
26.51 |
|
Creditor Days (Sales Based) |
19.21 |
19.82 |
20.64 |
16.59 |
20.99 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.29 |
|
|
1 |
Rs.86.61 |
|
Euro |
1 |
Rs.68.87 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 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.