MIRA
INFORM REPORT
|
Report Date : |
23.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
PRIMARK STORES LTD. |
|
|
Registered Office : |
Primark House |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Financials (as on) : |
17.09.2011 |
|
|
|
|
|
|
Date of Incorporation : |
30.04.1948 |
|
|
|
|
|
|
Com. Reg. No.: |
00453448 |
|
|
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
|
|
Line of Business : |
Retail sale of clothing |
|
|
|
|
|
|
No. of Employees : |
25,575 |
|
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 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
Slow |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
The
Source : CIA
Company name and address
Primark Stores
Ltd.
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business
Description
|
Established in 1969, Primark Stores Ltd. owns and operates several
clothing stores in the |
Industry
|
Industry |
Retail (Apparel) |
|
ANZSIC 2006: |
4251 - Clothing Retailing |
|
NACE 2002: |
5242 - Retail sale of clothing |
|
NAICS 2002: |
4481 - Clothing Stores |
|
|
5242 - Retail sale of clothing |
|
|
4771 - Retail sale of clothing in
specialised stores |
|
US SIC 1987: |
5651 - Family Clothing Stores |
Key Executives
|
Financial
Summary
|
||||||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6227818
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6331318
Corporate Overview
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Corporate Structure News
|
Primark Stores
Ltd. |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
|
|
Retail (Department and Discount) |
15,999.1 |
102,951 |
|
|
Subsidiary |
|
|
Food Processing |
17,767.1 |
102,253 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
3,366.2 |
25,575 |
|
|
UK Branch/Trading address |
Romford |
|
Retail (Apparel) |
3,366.2 |
300 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
250 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
200 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
196 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
180 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
150 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
120 |
|
|
UK Branch/Trading address |
Bexleyheath |
|
Retail (Apparel) |
3,366.2 |
118 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
116 |
|
|
UK Branch/Trading address |
Wembley |
|
Retail (Apparel) |
3,366.2 |
110 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
100 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
100 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
89 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
85 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
70 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
63 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
Wrexham |
|
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
55 |
|
|
UK Branch/Trading address |
Lisburn |
|
Retail (Apparel) |
3,366.2 |
55 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Ballymena |
|
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
49 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
45 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
45 |
|
|
UK Branch/Trading address |
Wallasey |
|
Retail (Apparel) |
3,366.2 |
40 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
34 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
31 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
20 |
|
|
UK Branch/Trading address |
Newry |
|
Retail (Apparel) |
3,366.2 |
8 |
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
1 |
|
|
UK Branch/Trading address |
Newtownards |
|
Retail (Apparel) |
3,366.2 |
|
|
|
UK Branch/Trading address |
|
|
Retail (Apparel) |
3,366.2 |
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Food Processing |
1,232.5 |
12,456 |
|
|
Subsidiary |
Limbe |
|
Food Processing |
201.3 |
8,605 |
|
|
Subsidiary |
|
|
Food Processing |
|
3,000 |
|
|
Subsidiary |
Mazabuka |
|
Food Processing |
297.7 |
2,933 |
|
|
Subsidiary |
|
|
Oil and Gas Operations |
0.2 |
4 |
|
|
Subsidiary |
|
|
Miscellaneous Transportation |
428.9 |
|
|
|
Subsidiary |
|
|
Food Processing |
0.8 |
|
|
|
Subsidiary |
Kidatu |
|
Food Processing |
|
|
|
|
Subsidiary |
|
|
Food Processing |
|
|
|
|
Subsidiary |
|
Ireland |
Retail (Apparel) |
|
12,000 |
|
|
Subsidiary |
North Ryde, NSW |
Australia |
Food Processing |
1,840.8 |
8,000 |
|
|
Subsidiary |
Auckland |
New Zealand |
Food Processing |
25.7 |
200 |
|
|
Subsidiary |
|
Ireland |
Food Processing |
1,369.7 |
1,730 |
|
|
Subsidiary |
Penrose |
New Zealand |
Food Processing |
210.3 |
1,000 |
|
|
Subsidiary |
Madrid |
Spain |
Food Processing |
659.7 |
846 |
|
|
Subsidiary |
Madrid |
Spain |
Food Processing |
661.9 |
26 |
|
|
Subsidiary |
Ankeny, IA |
United States |
Food Processing |
|
650 |
|
|
Subsidiary |
Dublin |
Ireland |
Retail (Apparel) |
75.0 |
500 |
|
|
Subsidiary |
Ankeny, IA |
United States |
Food Processing |
57.5 |
500 |
|
|
Subsidiary |
Andover |
United Kingdom |
Miscellaneous Financial Services |
|
500 |
|
|
Subsidiary |
Neuenegg |
Switzerland |
Food Processing |
152.3 |
300 |
|
|
Subsidiary |
Cordova, TN |
United States |
Food Processing |
450.0 |
250 |
|
|
Branch |
Summit Argo, IL |
United States |
Food Processing |
12.2 |
30 |
|
|
Branch |
Oakbrook Terrace, IL |
United States |
Food Processing |
9.7 |
24 |
|
|
Subsidiary |
Chesterfield, MO |
United States |
Food Processing |
2,039.0 |
200 |
|
|
Branch |
Memphis, TN |
United States |
Food Processing |
24.3 |
60 |
|
|
Branch |
Greenville, TX |
United States |
Food Processing |
14.6 |
36 |
|
|
Subsidiary |
North Ryde, NSW |
Australia |
Food Processing |
1.0 |
150 |
|
|
Subsidiary |
Wilmington, DE |
United States |
Chemical Manufacturing |
|
150 |
|
|
Subsidiary |
Manchester |
United Kingdom |
Nonclassifiable Industries |
|
135 |
|
|
UK Branch/Trading address |
Selby |
United Kingdom |
Food Processing |
|
50 |
|
|
Subsidiary |
Ermington , NSW |
Australia |
Food Processing |
12.5 |
118 |
|
|
Subsidiary |
Camellia, NSW |
Australia |
Food Processing |
62.8 |
110 |
|
|
Facility |
Camellia, NSW |
Australia |
Food Processing |
|
50 |
|
|
Subsidiary |
Wilmington, DE |
United States |
Chemical Manufacturing |
11.3 |
80 |
|
|
Subsidiary |
Silverwater, NSW |
Australia |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Denver, CO |
United States |
Food Processing |
|
80 |
|
|
Subsidiary |
Cordoba |
Spain |
Food Processing |
36.2 |
76 |
|
|
Subsidiary |
Lewes, DE |
United States |
Chemical Manufacturing |
37.7 |
60 |
|
|
Subsidiary |
Tilbury |
United Kingdom |
Nonclassifiable Industries |
|
60 |
|
|
Subsidiary |
Belfast |
United Kingdom |
Nonclassifiable Industries |
|
45 |
|
|
UK Branch/Trading address |
Knottingley |
United Kingdom |
Food Processing |
|
34 |
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
UK Branch/Trading address |
Liverpool |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Setúbal, Setúbal |
Portugal |
Food Processing |
26.4 |
53 |
|
|
Subsidiary |
Rowville, VIC |
Australia |
Food Processing |
|
52 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
5.0 |
20 |
|
|
Subsidiary |
Clifton, NJ |
United States |
Beverages (Non-Alcoholic) |
4.9 |
20 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
3.8 |
18 |
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Food Processing |
65.7 |
135 |
|
|
Subsidiary |
Darmstadt, Hessen |
Germany |
Biotechnology and Drugs |
106.8 |
80 |
|
|
Subsidiary |
Barueri, Sao Paulo |
Brazil |
Food Processing |
|
6 |
|
|
Subsidiary |
Singapore |
Singapore |
Biotechnology and Drugs |
1.0 |
4 |
|
|
Subsidiary |
Saint Paul, MN |
United States |
Food Processing |
8.5 |
20 |
|
|
Subsidiary |
Rajamaki |
Finland |
Chemical Manufacturing |
2.8 |
16 |
|
|
Subsidiary |
Greensboro, NC |
United States |
Food Processing |
13.3 |
9 |
|
|
Subsidiary |
Merelbeke |
Belgium |
Retail (Grocery) |
5.4 |
5 |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Food Processing |
17,767.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Peterborough |
United Kingdom |
Food Processing |
1,248.6 |
2,117 |
|
|
UK Branch/Trading address |
Norwich |
United Kingdom |
Food Processing |
1,248.6 |
151 |
|
|
Subsidiary |
London |
United Kingdom |
Non-Metallic Mining |
7.3 |
|
|
|
Subsidiary |
Shanghai |
China |
Food Processing |
1.0 |
|
|
|
Subsidiary |
Peterborough |
United Kingdom |
Food Processing |
|
|
|
|
UK Branch/Trading address |
Ipswich |
United Kingdom |
Food Processing |
|
80 |
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Tilbury |
United Kingdom |
Food Processing |
329.2 |
291 |
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Thetford |
United Kingdom |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Louth |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
UK Branch/Trading address |
Driffield |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Driffield |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Eye |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
UK Branch/Trading address |
Diss |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
UK Branch/Trading address |
Belford |
United Kingdom |
Crops |
|
10 |
|
|
UK Branch/Trading address |
Berwick-Upon-Tweed |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Canterbury |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Maidenhead |
United Kingdom |
Nonclassifiable Industries |
|
160 |
|
|
UK Branch/Trading address |
Cardiff |
United Kingdom |
Food Processing |
|
400 |
|
|
UK Branch/Trading address |
Norwich |
United Kingdom |
Trucking |
|
55 |
|
|
UK Branch/Trading address |
Dundee |
United Kingdom |
Food Processing |
|
45 |
|
|
UK Branch/Trading address |
Launceston |
United Kingdom |
Food Processing |
|
28 |
|
|
UK Branch/Trading address |
Dungannon |
United Kingdom |
Trucking |
|
20 |
|
|
UK Branch/Trading address |
Gateshead |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
70 |
|
|
Subsidiary |
Peterborough |
United Kingdom |
Food Processing |
1,448.2 |
925 |
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Food Processing |
34.9 |
350 |
|
|
Subsidiary |
Rugeley |
United Kingdom |
Food Processing |
|
100 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
UK Branch/Trading address |
Banbury |
United Kingdom |
Miscellaneous Capital Goods |
|
3 |
|
|
Subsidiary |
Walsingham |
United Kingdom |
Nonclassifiable Industries |
|
60 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
10 |
|
|
Subsidiary |
Big Bend |
Swaziland |
Crops |
125.0 |
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Northampton |
United Kingdom |
Food Processing |
118.6 |
173 |
|
|
UK Branch/Trading address |
Royston |
United Kingdom |
Food Processing |
118.6 |
17 |
|
|
Subsidiary |
King's Lynn |
United Kingdom |
Crops |
|
80 |
|
|
Subsidiary |
Gilroy, CA |
United States |
Chemical Manufacturing |
|
25 |
|
|
Subsidiary |
Fargo, ND |
United States |
Retail (Home Improvement) |
1.9 |
7 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
42 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
4 |
|
|
Subsidiary |
Ripon |
United Kingdom |
Food Processing |
|
20 |
|
|
Subsidiary |
Antrim |
United Kingdom |
Personal Services |
0.2 |
3 |
|
|
Subsidiary |
Stevenage |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Food Processing |
1,111.4 |
5,101 |
|
|
UK Branch/Trading address |
Newcastle |
United Kingdom |
Food Processing |
1,111.4 |
220 |
|
|
UK Branch/Trading address |
Bootle |
United Kingdom |
Miscellaneous Fabricated Products |
1,111.4 |
86 |
|
|
Subsidiary |
Brighouse |
United Kingdom |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Andover |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Andover |
United Kingdom |
Food Processing |
424.7 |
745 |
|
|
Subsidiary |
Clifton, NJ |
United States |
Food Processing |
0.5 |
25 |
|
|
Subsidiary |
Belfast |
United Kingdom |
Retail (Grocery) |
|
35 |
|
|
Subsidiary |
Andover |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Specialty) |
|
|
|
|
Subsidiary |
|
United Kingdom |
Retail (Specialty) |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
0.0 |
|
|
|
Subsidiary |
Leigh |
United Kingdom |
Food Processing |
232.1 |
393 |
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
13.7 |
112 |
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
|
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Newtown |
United Kingdom |
Food Processing |
|
|
|
|
UK Branch/Trading address |
Newtown |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
|
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
45 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
200.7 |
2 |
|
|
Subsidiary |
|
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Antrim |
United Kingdom |
Nonclassifiable Industries |
|
2 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
5.4 |
|
|
|
Subsidiary |
|
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Balikesir, Bandirma |
Turkey |
Miscellaneous Capital Goods |
|
100 |
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Bellville |
South Africa |
Food Processing |
|
|
|
|
Subsidiary |
Shanghai |
China |
Food Processing |
|
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Food Processing |
|
|
|
|
Subsidiary |
Dublin |
Ireland |
Food Processing |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
527 |
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
87.5 |
435 |
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Vestby, Akershus |
Norway |
Retail (Grocery) |
123.7 |
82 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
10.2 |
54 |
|
|
Subsidiary |
Hull |
United Kingdom |
Food Processing |
27.2 |
51 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
7.8 |
|
|
|
Subsidiary |
London |
United Kingdom |
Real Estate Operations |
2.7 |
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Poole |
United Kingdom |
Food Processing |
202.5 |
553 |
|
|
Subsidiary |
Bootle |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Wakefield |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London Sw1X 7Lr |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London Sw1X 7Lt |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bury Saint Edmunds |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
0.0 |
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
44.0 |
147 |
|
|
Subsidiary |
London |
United Kingdom |
Retail (Specialty) |
44.0 |
147 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
500 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
St Albans |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
|
United Kingdom |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London Sw1X 7Lt |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Antrim |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
Executives Report
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Directors and Shareholders Report
Annual Return Date: 03 Jul 2012
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 173 Clare Road, |
05 Jan 2004 |
NA |
Current:3 |
|
|
|
Current |
24 Apr 1957 |
15 Strawberry Hill Road, |
27 Jul 2000 |
NA |
Current:21 |
|
|
|
Previous |
30 Jan 1945 |
7 Torquay Wood, Leopardstown, |
05 Jan 2004 |
16 Jul 2007 |
Current:0 |
|
|
|
Previous |
12 Sep 1957 |
Weston Centre 10 Grosvenor Street, |
27 Jul 2000 |
16 Jul 2007 |
Current:70 |
|
|
|
Previous |
23 Jan 1964 |
Bramston, Summerhill Lane, |
10 Sep 1999 |
26 Jul 2000 |
Current:0 |
|
|
|
Previous |
19 Jul 1935 |
60 Lansdowne Road, Ballsbridge, |
01 Jul 1999 |
16 Jul 2007 |
Current:1 |
|
|
|
Previous |
23 May 1943 |
Coolmaine, Grove Road, |
03 Jul 1991 |
16 Jul 2007 |
Current:4 |
|
|
|
Previous |
28 Sep 1933 |
115 North Hill, Highgate, |
03 Jul 1991 |
31 May 2000 |
Current:0 |
|
|
|
Previous |
11 Jan 1934 |
11 Princes Avenue, |
03 Jul 1991 |
10 Sep 1999 |
Current:0 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
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 |
Weston Centre 10 Grosvenor Street, |
13 Aug 2001 |
NA |
Current:186 |
|
|
|
Previous |
NA |
34 Winkworth Road, |
14 Jul 2006 |
29 Sep 2006 |
Current:0 |
|
|
|
Previous |
NA |
Honey Cottage, Hatton Fields, Sutton Lane, |
24 Jul 2001 |
13 Aug 2001 |
Current:0 |
|
|
|
Previous |
04 Mar 1971 |
79B Huddleston Road, |
NA |
01 Mar 2001 |
Current:0 |
|
|
|
Previous |
06 Oct 1957 |
The Coach House, 32 Kerrison Road Ealing, |
01 Mar 2001 |
24 Jul 2001 |
Current:0 |
|
|
|
Previous |
NA |
11 Tillingham Way, |
18 Apr 1979 |
14 Jul 2000 |
Current:1 |
|
|
|
Previous |
12 Jun 1934 |
3 Branksome Way, |
NA |
11 Jun 1999 |
Current:2 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
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) |
|
|
|
|
|
|
|
|
|
17-Sep-2011 |
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
|
Period Length |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.622782 |
0.642036 |
0.644601 |
0.505422 |
0.509519 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Total Turnover |
3,366.2 |
3,092.9 |
2,704.0 |
3,034.7 |
2,548.3 |
|
Cost of Sales |
2,792.7 |
2,491.5 |
2,223.2 |
2,487.1 |
2,100.5 |
|
Gross Profit |
573.5 |
601.4 |
480.8 |
547.6 |
447.8 |
|
Depreciation |
111.8 |
113.0 |
103.1 |
109.2 |
95.7 |
|
Other Expenses |
289.2 |
291.7 |
347.4 |
396.7 |
258.6 |
|
Other Income |
6.6 |
6.4 |
5.7 |
16.1 |
11.1 |
|
Interest Paid |
21.1 |
17.2 |
59.6 |
110.3 |
91.5 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
16.5 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
269.9 |
298.9 |
79.6 |
56.8 |
125.3 |
|
Tax Payable / Credit |
71.6 |
146.2 |
33.3 |
27.6 |
38.8 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
2,649.4 |
39.7 |
19.4 |
82.1 |
107.9 |
|
Profit After Taxes |
-2,451.1 |
113.0 |
26.8 |
-53.0 |
-21.4 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.2 |
0.3 |
0.3 |
0.2 |
|
Number of Employees |
25,575 |
23,707 |
21,827 |
20,849 |
18,977 |
|
Wages |
317.1 |
298.2 |
264.2 |
315.6 |
271.9 |
|
Social Security Costs |
16.7 |
14.6 |
13.8 |
16.9 |
14.4 |
|
Other Pension Costs |
9.1 |
8.4 |
7.3 |
10.2 |
10.8 |
|
Employees Remuneration |
342.9 |
321.3 |
285.3 |
342.7 |
297.1 |
|
Directors Remuneration |
1.1 |
0.9 |
0.4 |
0.6 |
0.8 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
17-Sep-2011 |
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.633132 |
0.639611 |
0.598659 |
0.559989 |
0.497129 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
1,047.0 |
983.5 |
1,015.1 |
984.0 |
1,104.6 |
|
Fixtures & Fittings |
798.0 |
696.4 |
738.4 |
797.1 |
917.4 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
1,844.9 |
1,680.0 |
1,753.5 |
1,781.1 |
2,022.0 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
1.6 |
1.6 |
1.7 |
1.8 |
2.1 |
|
Total Fixed Assets |
1,846.5 |
1,681.6 |
1,755.2 |
1,782.9 |
2,024.1 |
|
Stocks |
570.6 |
423.5 |
433.8 |
387.3 |
344.3 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
570.6 |
423.5 |
433.8 |
387.3 |
344.3 |
|
Trade Debtors |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Debtors |
1.6 |
12.6 |
0.0 |
0.0 |
3.1 |
|
Director Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Debtors |
49.8 |
32.0 |
49.4 |
90.2 |
88.3 |
|
Total Debtors |
51.5 |
44.6 |
49.4 |
90.2 |
91.4 |
|
Cash and Equivalents |
42.9 |
32.6 |
37.0 |
32.8 |
5.3 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
665.0 |
500.8 |
520.2 |
510.3 |
441.0 |
|
Total Assets |
2,511.5 |
2,182.3 |
2,275.5 |
2,293.2 |
2,465.1 |
|
Trade Creditors |
187.2 |
160.3 |
158.1 |
154.9 |
118.7 |
|
Bank Overdraft |
1.4 |
1.1 |
13.2 |
1.5 |
0.4 |
|
Inter-Company Creditors |
1,743.8 |
1,313.2 |
1,586.0 |
1,637.9 |
1,730.9 |
|
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 |
0.0 |
- |
- |
|
Accruals/Deferred Income (Current Liability) |
114.3 |
110.6 |
91.3 |
99.5 |
87.4 |
|
Social Security/VAT |
27.0 |
28.7 |
51.1 |
49.3 |
42.9 |
|
Corporation Tax |
54.7 |
125.2 |
27.8 |
6.4 |
7.2 |
|
Dividends (Current Liability) |
0.0 |
0.0 |
0.0 |
- |
- |
|
Other Current Liabilities |
26.6 |
22.5 |
14.4 |
17.2 |
64.0 |
|
Total Current Liabilities |
2,155.1 |
1,761.7 |
1,941.9 |
1,966.8 |
2,051.6 |
|
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) |
19.2 |
19.0 |
20.4 |
28.1 |
27.6 |
|
Total Hire Purchase Loans (Long Term Liability) |
19.2 |
19.0 |
20.4 |
28.1 |
27.6 |
|
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 |
2.4 |
2.9 |
4.9 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
21.6 |
21.9 |
25.3 |
28.1 |
27.6 |
|
Deferred Taxation |
52.1 |
53.9 |
61.6 |
65.7 |
70.3 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
52.1 |
53.9 |
61.6 |
65.7 |
70.3 |
|
Issued Capital |
79.0 |
78.2 |
83.5 |
89.3 |
100.6 |
|
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 |
202.9 |
265.8 |
162.8 |
143.1 |
215.1 |
|
Other Reserves |
0.9 |
0.8 |
0.4 |
0.2 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
282.7 |
344.8 |
246.7 |
232.6 |
315.7 |
|
Net Worth |
282.7 |
344.8 |
246.7 |
232.6 |
315.7 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
17-Sep-2011 |
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
|
Period Length |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.622782 |
0.642036 |
0.644601 |
0.505422 |
0.509519 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in:
USD (mil) |
|
|
|
|
|
17-Sep-2011 |
18-Sep-2010 |
12-Sep-2009 |
13-Sep-2008 |
15-Sep-2007 |
|
Period Length |
52 Weeks |
53 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.633132 |
0.639611 |
0.598659 |
0.559989 |
0.497129 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
0.31 |
0.28 |
0.27 |
0.26 |
0.21 |
|
Liquidity Ratio |
0.04 |
0.04 |
0.04 |
0.06 |
0.05 |
|
Stock Turnover |
5.80 |
7.19 |
6.71 |
7.07 |
7.59 |
|
Working Capital by Sales |
-45.00% |
-41.40% |
-48.83% |
-53.18% |
-61.67% |
|
Return on Capital |
74.47% |
69.98% |
25.68% |
15.69% |
31.06% |
|
Return on Assets |
10.57% |
13.49% |
3.76% |
2.23% |
5.21% |
|
Profit Margin |
8.02% |
9.66% |
2.94% |
1.87% |
4.92% |
|
Return on Shareholders Funds |
93.88% |
85.38% |
34.73% |
22.02% |
40.69% |
|
Borrowing Ratio |
624.02% |
386.71% |
656.60% |
716.91% |
557.21% |
|
Equity Gearing |
11.26% |
15.80% |
10.84% |
10.14% |
12.81% |
|
Debt Gearing |
6.78% |
5.52% |
8.25% |
12.10% |
8.73% |
|
Interest Coverage |
12.80 |
17.34 |
1.33 |
0.51 |
1.37 |
|
Sales by Tangible Assets |
1.79 |
1.81 |
1.66 |
1.54 |
1.29 |
|
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 |
0.1 |
|
Employee Remuneration by Sales |
10.19% |
10.39% |
10.55% |
11.29% |
11.66% |
|
Creditor Days (Cost of Sales Based) |
24.87 |
23.84 |
24.11 |
25.19 |
20.13 |
|
Creditor Days (Sales Based) |
20.63 |
19.21 |
19.82 |
20.64 |
16.59 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.67 |
|
|
1 |
Rs.86.05 |
|
Euro |
1 |
Rs.70.07 |
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.