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Report Date : |
23.08.2013 |
IDENTIFICATION DETAILS
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Name : |
DADCO ALUMINA AND CHEMICALS LIMITED |
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Registered Office : |
Hamilton House St Julian's Avenue GY1 1WA St Peter Port |
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Country : |
Guernsey |
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Date of Incorporation : |
09.03.2001 |
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Com. Reg. No.: |
38072 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
The company is a supplier of alumina-based products and services in Europe. |
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No. of Employees : |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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.
GUERNSEY - ECONOMIC OVERVIEW
Financial services - banking, fund management, insurance -
account for about 23% of employment and about 55% of total income in this tiny,
prosperous Channel Island economy. Tourism, manufacturing, and horticulture,
mainly tomatoes and cut flowers, have been declining. Financial services,
construction, retail, and the public sector have been growing. Light tax and
death duties make Guernsey a popular tax haven. In January 2013, Guernsey
signed a tax agreement with Jersey and the Isle of Man, in order to enable the
islands' authorities to end tax avoidance and evasion. The evolving economic
integration of the EU nations is changing the environment under which Guernsey
operates.
Source
: CIA
Dadco Alumina and Chemicals Limited
"DBA: Dadco"
Operating address:
Hamilton House
St Julian's Avenue
GY1 1WA St Peter
Port
Guernsey/GG
Telephone: +44
1481 740 605
Fax: +44
1481 740 604
Web
site: http://www.dadcoalumina.com
E-mail: info@dadcoalumina.com
Established: 2001
Line
of Business: Metal/steel
Industry
Division: Manufacturing
Industry-code (NACE): 2442 Aluminium production
Banks: Unknown
Figures: estimated
Financial
year: 2012
Employees: 5
Sales: GBP 200,000.--
The company is a supplier of alumina-based
products and services in Europe.
Alumina is delivered to aluminum smelters
for processing into aluminum metal or is used in the production of specialty
chemicals.
Operations & branches:
At the address, Hamilton House, St Julian's Avenue,
we find a residential location which consists of 18 flats. On the company website this location is
listed as being the address of the company’s office.
The company has a sales office in
Switzerland, located at:
Dadco (Suisse) S.A.
Avenue d'Ouchy 61
CH 1006 Lausanne
Switzerland
Phone: +41 21 613 13 70
Fax: +41 21 601 38 63
e-mail: info@dadcoalumina.com
The company has a production facility,
located at:
Aluminium Oxid Stade GmbH
Lower Saxony
West of Hamburg
Germany.
Company
No: 38072
Legal
form: Company limited by
shares
Registration: 09.03.2001
Legal
status: active
Responsible
Register: Guernsey Company Registry
Entry Deleted Name
active Dadco
Alumina and Chemicals Limited
Entry Deleted Address
active RBC
Trustees (Guernsey) Limited
Entry Deleted Capital
active Share
Capital USD 1,000,000
Title Name
Director Andrew
Scott Burgess
Director Victor
Phillip Michael Dahdaleh
Director Stephen
John Harlow
Director Allan John
Hayward
Director Eleanor
Bernadette O''Reilly
Director Hani
Saliba Rizeq Quashair
Class: 100%
Name: The Aluminium Oxid
Stade GmbH
City/Country: Germany/DE
No financial information is available.
However, sales estimate for year 2012 is in
the range of GBP 200,000.
No payment history is available.
The company is registered with the Guernsey
Registry with the status "Normal", under the company classification
"Financial Product Companies".
No financial information is filed with the
registry, and no payment history is available.
We therefore advise that credit to the recommended amount be acceptable,
but further credit extended to the company should be done so with guarantee.
Financial
Situation: The financial situation
is difficult to assess.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.65.42 |
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1 |
Rs.102.09 |
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Euro |
1 |
Rs.87.32 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.