MIRA
INFORM REPORT
|
Report Date : |
26.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
RSW INTERNATIONAL LTD. |
|
|
|
|
Registered Office : |
C/O Pm+M, |
|
|
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Country : |
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|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
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Date of Incorporation : |
04.12.1997 |
|
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Com. Reg. No.: |
03476425 |
|
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Legal Form : |
Private
Subsidiary Company |
|
|
|
|
Line of Business : |
·
importer
of generic as well as bespoke home and leisure consumer products. Wholesale distributor of fancy goods, toys, toiletries
and general merchandise. |
|
|
|
|
No. of Employees : |
43 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
United Kingdom ECONOMIC OVERVIEW
The UK, a
leading trading power and financial center, is the second largest economy in
Europe after Germany. Over the past two decades, the government has greatly reduced
public ownership and contained the growth of social welfare programs.
Agriculture is intensive, highly mechanized, and efficient by European
standards, producing about 60% of food needs with less than 2% of the labor
force. The UK has large coal, natural gas, and oil resources, but its oil and
natural gas reserves are declining and the UK became a net importer of energy
in 2005. Services, particularly banking, insurance, and business services,
account by far for the largest proportion of GDP while industry continues to
decline in importance. After emerging from recession in 1992, Britain's economy
enjoyed the longest period of expansion on record during which time growth
outpaced most of Western Europe. In 2008, however, the global financial crisis
hit the economy particularly hard, due to the importance of its financial
sector. Sharply declining home prices, high consumer debt, and the global
economic slowdown compounded Britain's economic problems, pushing the economy
into recession in the latter half of 2008 and prompting the then BROWN (Labour)
government to implement a number of measures to stimulate the economy and
stabilize the financial markets; these include nationalizing parts of the
banking system, temporarily cutting taxes, suspending public sector borrowing
rules, and moving forward public spending on capital projects. Facing
burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition
government (between Conservatives and Liberal Democrats) initiated a five-year
austerity program, which aimed to lower London's budget deficit from over 10%
of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the
Exchequer George OSBORNE announced additional austerity measures through 2017
because of slower-than-expected economic growth and the impact of the euro-zone
debt crisis. The CAMERON government raised the value added tax from 17.5% to
20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014.
The Bank of England (BoE) implemented an asset purchase program of up to £375
billion (approximately $605 billion) as of December 2012. During times of
economic crisis, the BoE coordinates interest rate moves with the European
Central Bank, but Britain remains outside the European Economic and Monetary
Union (EMU). In 2012, weak consumer spending and subdued business investment
weighed on the economy. GDP fell 0.1%, and the budget deficit remained
stubbornly high at 7.7% of GDP. Public debt continued to increase.
|
Source : CIA |
Company name & address
Rsw International Ltd.
Unit 4 Cowm Top
Business Park
Cown Top Lane
Rochdale, OL11
2PU
United Kingdom
Tel: 0845 226 8311
Fax: 44 8452268322
Web: www.rswinternational.co.uk
synthesis
Employees: 43
Company Type: Private
Subsidiary
Corporate Family: 2 Companies
Ultimate Parent: Rsw (Imports) Ltd.
Quoted Status: Non-quoted Company
Incorporation
Date: 04-Dec-1997
Auditor: Pm+M
Solution For Business LLP
Financials in: USD (Millions)
Fiscal Year End: 31-Dec-2012
Reporting Currency:
British Pound Sterling
Annual Sales:
19.2 1
Net Income:
0.3
Total Assets:
9.4
Business
Description
With over 40
years experience as Homeware Importers, RSW International Limited is a well
established importer of generic as well as bespoke home and leisure consumer
products. With a head office based near Manchester in the UK and offices in
Europe and Asia, we have built up strong relationships with UK independent
stores and retailers in particular. Our global suppliers which form our supply
chain are the key to our success and we pride ourselves on offering quality,
value adding products through a reliable supply base. Our ranges offer variety
within a number of categories from Christmas including a large selection of
Christmas Crackers from the basic catering cracker to top end luxury cracker,
Home, Baby and Pets to name a few. Our strength is the design capabilities for
product and packaging that we offer, when undertaking any project. We work with
a number of recognised retailers to create their own exclusive ranges at the
same time, making use of our Far East office to offer direct homeware import
shipments. A recent addition to our portfolio of products and services is the
introduction of licensed product. Take a look at our current range further on.
For those customers who are keen to use ex-stock facilities, our new 11 acre
site warehouse based in Rochdale, Lancashire has an efficient, state of the art
operating facility. Here you will also find our fantastic new showroom, where
customers can work in a relaxed informal atmosphere and liaise with our on-site
designers to create new, innovative ranges. Everyone at RSW work as a team,
bringing you, the customer, a comprehensive service from initial product
concept to merchandise in store. We are considerate to each retailers
requirements and will work alongside you to create a stunning range of product,
different to anyone else. Our Christmas range of crackers and other specialist
categories are certainly worth a viewing for you convenience we now accept
payment by major UK Credit and Debit cards. Recent Arrivals
Industry
Industry Miscellaneous Wholesale
ANZSIC 2006: 3739 - Other Goods Wholesaling Not
Elsewhere Classified
ISIC Rev 4: 4690 - Non-specialized wholesale trade
NACE Rev 2: 4690 - Non-specialised wholesale trade
NAICS 2012: 423990 - Other Miscellaneous Durable Goods
Merchant Wholesalers
UK SIC 2007: 4690 - Non-specialised wholesale trade
US SIC 1987: 5099 - Durable Goods, Not Elsewhere
Classified
Key
Executives
|
Name |
Title |
|
Paul Rubens |
Director, Secretary |
|
Phillip Mewse |
Director |
|
Alan Pearlman |
Director |
|
Mark Rubens |
Director |
Financial Summary
|
||||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6311738
2 - Balance Sheet
Item Exchange Rate: USD 1 = GBP 0.6190609
Corporate
Overview
Location
Unit 4 Cowm Top
Business Park
Cown Top Lane
Rochdale, OL11
2PU
Greater
Manchester County
United Kingdom
Tel: 0845 226 8311
Fax: 44 8452268322
Web: www.rswinternational.co.uk
Sales GBP(mil): 12.1
Assets GBP(mil): 5.8
Employees: 43
Fiscal Year End: 31-Dec-2012
Industry: Miscellaneous Capital
Goods
Registered Address:
C/O Pm+M
Greenbank
Technology Park
Blackburn, BB1
5QB
United Kingdom
Incorporation
Date: 04-Dec-1997
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Registered No.(UK): 03476425
Director: Mark
Rubens
Industry Codes
ANZSIC 2006
Codes:
3739 - Other
Goods Wholesaling Not Elsewhere Classified
ISIC Rev 4 Codes:
4690 - Non-specialized
wholesale trade
NACE Rev 2 Codes:
4690 - Non-specialised
wholesale trade
NAICS 2012 Codes:
423990 - Other
Miscellaneous Durable Goods Merchant Wholesalers
US SIC 1987:
5099 - Durable
Goods, Not Elsewhere Classified
UK SIC 2007:
4690 - Non-specialised
wholesale trade
Business Description
Wholesale
distribution of fancy goods, toys, toiletries and general merchandise.
More Business Descriptions
Durable goods
(wholesale)
Import and Export
Agents
With over 40
years experience as Homeware Importers, RSW International Limited is a well
established importer of generic as well as bespoke home and leisure consumer
products. With a head office based near Manchester in the UK and offices in
Europe and Asia, we have built up strong relationships with UK independent
stores and retailers in particular. Our global suppliers which form our supply
chain are the key to our success and we pride ourselves on offering quality,
value adding products through a reliable supply base. Our ranges offer variety
within a number of categories from Christmas including a large selection of
Christmas Crackers from the basic catering cracker to top end luxury cracker,
Home, Baby and Pets to name a few. Our strength is the design capabilities for
product and packaging that we offer, when undertaking any project. We work with
a number of recognised retailers to create their own exclusive ranges at the
same time, making use of our Far East office to offer direct homeware import
shipments. A recent addition to our portfolio of products and services is the
introduction of licensed product. Take a look at our current range further on.
For those customers who are keen to use ex-stock facilities, our new 11 acre
site warehouse based in Rochdale, Lancashire has an efficient, state of the art
operating facility. Here you will also find our fantastic new showroom, where
customers can work in a relaxed informal atmosphere and liaise with our on-site
designers to create new, innovative ranges. Everyone at RSW work as a team,
bringing you, the customer, a comprehensive service from initial product
concept to merchandise in store. We are considerate to each retailers
requirements and will work alongside you to create a stunning range of product,
different to anyone else. Our Christmas range of crackers and other specialist
categories are certainly worth a viewing For you convenience we now accept
payment by major UK Credit and Debit cards. Recent Arrivals
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Corporate Family |
Corporate
Structure News: |
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|
Rsw
(Imports) Ltd. |
|
Rsw International Ltd. |
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Company
Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Rsw (Imports) Ltd. |
Parent |
Blackburn |
United Kingdom |
Holding Companies |
19.2 |
43 |
|
|
Rsw International Ltd. |
Subsidiary |
Rochdale |
United Kingdom |
Miscellaneous Wholesale |
19.2 |
43 |
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Executive report
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Board of
Directors |
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Director, Secretary |
Director/Board Member |
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Director |
Director/Board Member |
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Executives |
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Director, Secretary |
Company Secretary |
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Directors
and Shareholders Report
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Main Office Address: |
Tel: 0845 226 8311 |
Annual Return Date: 04 Dec 2012 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
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Current |
13 Sep 1972 |
C/O Pm+M Greenbank Technology Park, Challenge Way, |
04 Jan 2005 |
NA |
Current:4 |
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|
Current |
28 Sep 1970 |
10 Ringley Park, Whitefield, |
04 Dec 1997 |
NA |
Current:11 |
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|
Current |
11 Nov 1942 |
C/O Pm+M Greenbank Technology Park, Challenge Way, |
08 Dec 1997 |
NA |
Current:1 |
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|
Current |
13 Jan 1967 |
C/O Pm+M Greenbank Technology Park, Challenge Way, |
01 Mar 2003 |
NA |
Current:1 |
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|
Previous |
11 Jan 1942 |
Apartment 4 Ringley Park, Whitefield, |
08 Dec 1997 |
04 Jan 2005 |
Current:0 |
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Previous |
09 Jan 1934 |
Apartment 4 Ringley Park, Whitefield, |
08 Dec 1997 |
04 Jan 2005 |
Current:1 |
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Corporate Directors |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
London Law Services Limited |
Previous |
84 Temple Chambers, Temple Avenue, |
04 Dec 1997 |
04 Dec 1997 |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
13 Sep 1972 |
C/O Pm+M Greenbank Technology Park, Challenge Way, |
04 Jan 2005 |
NA |
Current:4 |
|
|
|
Previous |
11 Jan 1942 |
Apartment 4 Ringley Park, Whitefield, |
08 Dec 1997 |
04 Jan 2005 |
Current:0 |
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Corporate Secretaries |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
||||||
|
London Law Secretarial Limited |
Previous |
84 Temple Chambers, Temple Avenue, |
04 Dec 1997 |
04 Dec 1997 |
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Individual Shareholders |
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There are no individual shareholders for this company. |
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Corporate Shareholders |
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Company Name |
Registration Number |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
05272682 |
100000 Ordinary 1 Gbp GBP 1.00 |
Ordinary 1 Gbp |
100,000 |
1.00 |
100,000.00 |
100.00 |
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Annual
Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.631174 |
0.623776 |
0.647573 |
0.641508 |
0.545576 |
|
Consolidated |
Yes |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
16.8 |
14.3 |
16.8 |
16.6 |
14.5 |
|
Turnover (Exports) |
2.4 |
2.4 |
1.8 |
1.7 |
1.4 |
|
Total Turnover |
19.2 |
16.7 |
18.6 |
18.3 |
15.9 |
|
Cost of Sales |
13.9 |
11.5 |
13.1 |
12.9 |
11.0 |
|
Gross Profit |
5.3 |
5.2 |
5.5 |
5.4 |
5.0 |
|
Depreciation |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
|
Other Expenses |
4.8 |
5.1 |
5.0 |
4.6 |
5.0 |
|
Operating Profit |
0.4 |
- |
- |
0.8 |
- |
|
Other Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Interest Paid |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
0.3 |
0.0 |
0.4 |
0.7 |
-0.3 |
|
Tax Payable / Credit |
0.1 |
0.0 |
0.1 |
0.2 |
-0.1 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.5 |
0.0 |
0.0 |
|
Profit After Taxes |
0.3 |
0.0 |
-0.2 |
0.5 |
-0.2 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Non Audit Fees |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Number of Employees |
43 |
49 |
46 |
43 |
46 |
|
Wages |
1.8 |
2.1 |
1.9 |
1.7 |
1.8 |
|
Social Security Costs |
0.1 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Pensions |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Other Pension Costs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Employees Remuneration |
2.0 |
2.3 |
2.2 |
2.0 |
2.1 |
|
Directors Emoluments |
0.6 |
0.6 |
0.6 |
0.6 |
- |
|
Other Costs |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Directors Remuneration |
0.6 |
0.6 |
0.6 |
0.6 |
0.6 |
|
Highest Paid Director |
0.2 |
0.3 |
0.4 |
0.3 |
0.3 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.619061 |
0.643459 |
0.638712 |
0.619253 |
0.695531 |
|
Consolidated |
Yes |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
0.0 |
0.0 |
0.1 |
0.1 |
0.1 |
|
Fixtures & Fittings |
0.2 |
0.2 |
0.3 |
0.3 |
0.3 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.2 |
0.2 |
|
Total Tangible Fixed Assets |
0.2 |
0.3 |
0.4 |
0.6 |
0.6 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
0.2 |
0.3 |
0.4 |
0.6 |
0.6 |
|
Stocks |
5.6 |
5.0 |
5.2 |
4.8 |
3.3 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
5.6 |
5.0 |
5.2 |
4.8 |
3.3 |
|
Trade Debtors |
2.2 |
2.2 |
3.2 |
2.7 |
2.0 |
|
Inter-Company Debtors |
- |
0.3 |
0.3 |
0.3 |
0.8 |
|
Director Loans |
- |
0.0 |
0.0 |
- |
0.0 |
|
Other Debtors |
1.2 |
1.0 |
1.4 |
1.3 |
0.5 |
|
Total Debtors |
3.4 |
3.5 |
4.9 |
4.3 |
3.3 |
|
Cash and Equivalents |
0.2 |
0.5 |
0.0 |
0.1 |
0.1 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
9.2 |
9.0 |
10.2 |
9.2 |
6.7 |
|
Total Assets |
9.4 |
9.3 |
10.6 |
9.7 |
7.2 |
|
Trade Creditors |
1.8 |
1.9 |
2.5 |
2.2 |
1.7 |
|
Bank Overdraft |
3.8 |
3.6 |
4.3 |
3.6 |
2.7 |
|
Inter-Company Creditors |
0.0 |
- |
- |
- |
- |
|
Director Loans (Current Liability) |
- |
0.4 |
0.2 |
- |
- |
|
Hire Purchase (Current Liability) |
- |
- |
0.0 |
- |
- |
|
Finance Lease (Current Liability) |
- |
- |
0.0 |
- |
- |
|
Total Finance Lease/Hire Purchase (Current Liability) |
- |
- |
0.0 |
0.1 |
0.1 |
|
Accruals/Deferred Income (Current Liability) |
0.3 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Social Security/VAT |
0.2 |
0.3 |
0.3 |
0.2 |
0.1 |
|
Corporation Tax |
0.1 |
0.0 |
0.1 |
0.1 |
0.0 |
|
Other Current Liabilities |
0.1 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Liabilities |
6.5 |
6.4 |
7.6 |
6.4 |
4.8 |
|
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 |
- |
- |
|
Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
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 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
0.0 |
0.2 |
0.2 |
0.2 |
0.1 |
|
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 |
2.9 |
2.7 |
2.8 |
3.0 |
2.3 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
2.9 |
2.9 |
2.9 |
3.2 |
2.4 |
|
Net Worth |
2.9 |
2.9 |
2.9 |
3.2 |
2.4 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period
Average) |
0.631174 |
0.623776 |
0.647573 |
0.641508 |
0.545576 |
|
Consolidated |
Yes |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Net Cash Flow From Operating Activities |
-0.3 |
- |
- |
- |
- |
|
Net Cash Flow from ROI and Servicing of Finance |
-0.1 |
- |
- |
- |
- |
|
Taxation |
0.0 |
- |
- |
- |
- |
|
Capital Expenditures |
0.0 |
- |
- |
- |
- |
|
Acquisitions and Disposals |
0.0 |
- |
- |
- |
- |
|
Paid Up Equity |
0.0 |
- |
- |
- |
- |
|
Management of Liquid Resources |
0.0 |
- |
- |
- |
- |
|
Net Cash Flow From Financing |
-3.6 |
- |
- |
- |
- |
|
Increase in Cash |
-4.0 |
- |
- |
- |
- |
Annual Ratios
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.619061 |
0.643459 |
0.638712 |
0.619253 |
0.695531 |
|
Consolidated |
Yes |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
1.43 |
1.41 |
1.34 |
1.43 |
1.38 |
|
Liquidity Ratio |
0.56 |
0.64 |
0.65 |
0.68 |
0.69 |
|
Stock Turnover |
349.00 |
327.00 |
361.00 |
395.00 |
374.00 |
|
Credit Period (Days) |
4,084.00 |
4,941.00 |
6,169.00 |
5,185.00 |
5,782.00 |
|
Working Capital by Sales |
1,408.00% |
1,630.00% |
1,360.00% |
1,446.00% |
1,478.00% |
|
Trade Credit by Debtors |
85.00 |
86.00 |
80.00 |
82.00 |
84.00 |
|
Return on Capital |
1,193.00% |
50.00% |
1,269.00% |
2,139.00% |
-875.00% |
|
Return on Assets |
374.00% |
16.00% |
351.00% |
728.00% |
-294.00% |
|
Profit Margin |
180.00% |
9.00% |
197.00% |
374.00% |
-170.00% |
|
Return on Shareholders Funds |
1,199.00% |
50.00% |
1,276.00% |
2,208.00% |
-882.00% |
|
Borrowing Ratio |
12,961.00% |
13,782.00% |
15,398.00% |
11,572.00% |
11,778.00% |
|
Equity Gearing |
3,122.00% |
3,120.00% |
2,754.00% |
3,295.00% |
3,334.00% |
|
Debt Gearing |
- |
- |
- |
2.52% |
0.75% |
|
Interest Coverage |
283.00 |
12.00 |
300.00 |
556.00 |
-109.00 |
|
Sales by Tangible Assets |
9,787.00 |
6,040.00 |
5,158.00 |
3,314.00 |
2,136.00 |
|
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 |
0.5 |
0.3 |
0.4 |
0.4 |
0.3 |
|
Capital Employed per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets per Employee |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Employee Remuneration by Sales |
1,028.00% |
1,398.00% |
1,180.00% |
1,085.00% |
1,313.00% |
|
Creditor Days (Cost of Sales Based) |
4,758.00 |
6,137.00 |
6,970.00 |
6,070.00 |
7,097.00 |
|
Creditor Days (Sales Based) |
3,452.00 |
4,225.00 |
4,908.00 |
4,272.00 |
4,881.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.87 |
|
UK Pound |
1 |
Rs.101.10 |
|
Euro |
1 |
Rs.84.65 |
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 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.