|
Report Date : |
28.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
KERRY INGREDIENTS & FLAVOURS LIMITED |
|
|
|
|
Registered Office : |
Prince's Street Tralee Co Kerry 672822 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Date of Incorporation : |
10.06.2009 |
|
|
|
|
Com. Reg. No.: |
IE471704 |
|
|
|
|
Legal Form : |
-- |
|
|
|
|
Line of Business : |
Agents Involved In The Sale of Food, Beverages and Tobacco |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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) |
|
Ireland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
IRELAND - ECONOMIC OVERVIEW
Ireland is a small, modern, trade-dependent economy. Ireland was among the initial group of 12 EU nations that began circulating the euro on 1 January 2002. GDP growth averaged 6% in 1995-2007, but economic activity has dropped sharply since the onset of the world financial crisis, with GDP falling by over 3% in 2008, nearly 7% in 2009, and less than 1% in 2010. Ireland entered into a recession in 2008 for the first time in more than a decade, with the subsequent collapse of its domestic property and construction markets. Property prices rose more rapidly in Ireland in the decade up to 2007 than in any other developed economy. Since their 2007 peak, average house prices have fallen 47%. In the wake of the collapse of the construction sector and the downturn in consumer spending and business investment, the export sector, dominated by foreign multinationals, has become a key component of Ireland's economy. Agriculture, once the most important sector, is now dwarfed by industry and services. In 2008 the COWEN government moved to guarantee all bank deposits, recapitalize the banking system, and establish partly-public venture capital funds in response to the country's economic downturn. In 2009, in continued efforts to stabilize the banking sector, the Irish Government established the National Asset Management Agency (NAMA) to acquire problem commercial property and development loans from Irish banks. Faced with sharply reduced revenues and a burgeoning budget deficit, the Irish Government introduced the first in a series of draconian budgets in 2009. In addition to across-the-board cuts in spending, the 2009 budget included wage reductions for all public servants. These measures were not sufficient. In 2010, the budget deficit reached 32.4% of GDP - the world's largest deficit, as a percentage of GDP - because of additional government support for the banking sector. In late 2010, the former COWEN Government agreed to a $112 billion loan package from the EU and IMF to help Dublin further increase the capitalization of its banking sector and avoid defaulting on its sovereign debt. Since entering office in March 2011, the KENNY government has intensified austerity measures to try to meet the deficit targets under Ireland's EU-IMF program. Ireland achieved moderate growth in 2011 and cut the budget deficit to 10.1% of GDP, although the recovery is expected to slow in 2012 as a result of the euro-zone debt crisis.
Source : CIA
|
Company Name |
KERRY INGREDIENTS & FLAVOURS LIMITED |
Company Number |
IE471704 |
|
|
|
|
|
|
Registered
Address |
PRINCE'S STREET |
|
|
|
|
TRALEE |
|
|
|
|
CO KERRY |
|
|
|
|
672822 |
|
|
|
Website Address |
- |
|
|
|
Telephone Number
|
- |
Fax Number |
|
|
TPS |
- |
FPS |
No |
|
Incorporation
Date |
10/06/2009 |
Company Status |
Section 17 (Southern Ireland) |
|
Previous Name |
|
Type |
Other |
|
Date of Change |
- |
Filing Date of
Accounts |
- |
|
|
|
Share Capital |
€2 |
|
SIC03 |
5117 |
Currency |
EUR |
|
SIC03
Description |
AGENTS IN THE SALE OF FOOD, BEVERAGES & TOBACCO |
||
|
SIC07 |
46170 |
||
|
SIC07
Description |
AGENTS INVOLVED IN THE SALE OF FOOD, BEVERAGES AND TOBACCO |
||
|
Principal
Activity |
|
|
|
|
Total
Current Directors |
3 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
3 |
Current Directors
|
Name |
Date of Birth |
24/09/1957 |
|
|
Officers Title |
|
Nationality |
|
|
Present
Appointments |
65 |
Function |
Director |
|
Appointment Date |
10/06/2009 |
|
|
|
Address |
119 N LINCOLN AVENUE, HINSDALE, CHICAGO, IL 60521 |
||
|
|
|
|
|
|
Name |
Date of Birth |
01/07/1961 |
|
|
Officers Title |
|
Nationality |
|
|
Present
Appointments |
25 |
Function |
Director |
|
Appointment Date |
10/06/2009 |
|
|
|
Address |
KILLELTON, CAMP, TRALEE, CO. KERRY |
||
|
|
|
|
|
|
Name |
Date of Birth |
03/04/1964 |
|
|
Officers Title |
|
Nationality |
|
|
Present
Appointments |
69 |
Function |
Director |
|
Appointment Date |
10/06/2009 |
|
|
|
Address |
33 FAIRYHOUSE LODGE, RATOATH, CO. MEATH. |
||
|
Name |
Current
Directorships |
Previous
Directorships |
|
8 |
298 |
|
|
187 |
924 |
|
|
187 |
924 |
|
Total Number of
Exact CJs - |
Total Value of
Exact CJs - |
||
|
Total Number of
Possible CJs - |
Total Value of
Possible CJs - |
||
|
Total Number of
Satisfied CJs - |
Total Value of
Satisfied CJs - |
There are no exact CJ details
There are no possible CJ details
There are no Writ details
|
Outstanding |
0 |
|
Satisfied |
0 |
|
Share Capital |
€2 |
Top 20 Shareholders
|
Name |
Currency |
Share Value |
Share Type |
Nominal Value |
% of Total Share
Count |
|
KERRY INGREDIENTS HOLDINGS (IRELAND) LTD |
EUR |
2 |
ORDINARY |
1 |
100 |
Payment Information
Summary
|
Days Beyond Terms |
Trend Indicator |
|
||||
|
Steady Improving Worsening |
|
Statistics
|
Group |
128 companies |
|
Linkages |
|
|
Countries |
|
Holding Company |
KERRY GROUP PUBLIC LIMITED COMPANY |
|
Ownership Status
|
Intermediately Owned |
|
Ultimate Holding
Company |
KERRY GROUP PUBLIC LIMITED COMPANY |
|
Company Name |
|
Registered
Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
KERRY GROUP
PUBLIC LIMITED COM... |
|
IE111471 |
31.12.2011 |
Y |
€5,302,200,000 |
|
CUARTO LIMITED |
|
IE469222 |
31.12.2011 |
N |
|
|
DENNY FOODS
LIMITED |
|
IE171614 |
31.12.2011 |
N |
|
|
KERRY HOLDINGS
(U.K.) LIMITED |
|
01663249 |
31.12.2011 |
N |
|
|
KERRY FOODS
DISTRIBUTION... |
|
00514648 |
31.12.2011 |
N |
|
|
CHARCUTERIE
FOODS LIMITED |
|
02002852 |
31.12.2011 |
N |
|
|
DIVERSITY FOODS
LIMITED |
|
01132457 |
31.12.2011 |
N |
|
|
GOURMANDISE FOODS
LIMITED |
|
01662549 |
31.12.2011 |
N |
|
|
CHARCUTERIE
LIMITED |
|
03982835 |
31.12.2011 |
N |
|
|
KERRY SAVOURY
FOODS LIMITED |
|
02594161 |
31.12.2011 |
N |
|
|
GOLDEN VALE (NI) LIMITED |
|
NI023119 |
31.12.2011 |
N |
|
|
ACROSTIC
INVESTMENTS L... |
|
NI027729 |
31.12.2011 |
N |
|
|
LECKPATRICK HOLDINGS
L... |
|
NI023259 |
31.12.2011 |
N |
|
|
LECKPATRICK DAIRIES... |
|
NI022542 |
31.12.2011 |
N |
|
|
CREAMLINE
PRODUCTS... |
|
NI001817 |
31.12.2011 |
N |
|
|
GOLDEN VALE
FOODS... |
|
NI003860 |
31.12.2011 |
N |
|
|
ST. BRENDANS IRI... |
|
NI016383 |
31.12.2011 |
N |
|
|
GOLDEN VALE DPP
LIMITED |
|
01821692 |
31.12.2011 |
N |
|
|
GOLDEN COW
DAIRIES LIM... |
|
NI004702 |
31.12.2011 |
N |
|
|
DAIRY PRODUCE
PACKERS... |
|
NI022009 |
31.12.2011 |
N |
£139,303,030 |
|
DAIRYBORN FOODS
LIMITED |
|
02476760 |
31.12.2011 |
N |
|
|
RVF (UK) LIMITED
|
|
NI036194 |
31.12.2011 |
N |
|
|
BLACKMOSS
LIMITED |
|
00317472 |
31.12.2011 |
N |
|
|
HENRY DENNY & SONS (N.I.... |
|
NI020307 |
31.12.2011 |
N |
|
|
KERRY FOODS
LIMITED |
|
02604258 |
31.12.2011 |
N |
£678,565,104 |
|
PORTSAIL LIMITED
|
|
00639045 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS HOLDIN... |
|
01341723 |
31.12.2011 |
N |
|
|
SPICEMANNS
LIMITED |
|
SC023225 |
31.12.2011 |
N |
|
|
MENSTRIE FOODS
LIMITED |
|
00874176 |
31.12.2011 |
N |
|
|
MARGETTS FOODS
LIMITED |
|
01570164 |
31.12.2011 |
N |
|
|
TITUSFIELD
LIMITED |
|
01571252 |
31.12.2011 |
N |
|
|
E B I FOODS
LIMITED |
|
01828074 |
31.12.2011 |
N |
|
|
DALE COUNTRY
FOODS LIM... |
|
02056175 |
31.12.2011 |
N |
|
|
G.R. SPINKS
& COMPANY... |
|
02231766 |
31.12.2011 |
N |
|
|
PEAK INGREDIENTS
LIMITED |
|
02749449 |
31.12.2011 |
N |
|
|
AB COATINGS
LIMITED |
|
02981603 |
31.12.2011 |
N |
|
|
YORK DRAGEE
HOLDINGS L... |
|
03886910 |
31.12.2011 |
N |
|
|
YORK DRAGEE
COMPANY... |
|
02150602 |
31.12.2011 |
N |
|
|
AROMONT (UK
2000) LIMITED |
|
04101228 |
31.12.2011 |
N |
|
|
SPRING THYME
OILS LTD |
|
05015420 |
31.12.2011 |
N |
|
|
CEREAL
INNOVATIONS LIM... |
|
04536219 |
31.12.2011 |
N |
|
|
GORDON JOPLING (FOODS)... |
|
04421360 |
31.12.2011 |
N |
|
|
GORDON JOPLING (CARL... |
|
02440554 |
31.12.2011 |
N |
|
|
GORDON JOPLING
(FOOD... |
|
02984029 |
31.12.2011 |
N |
|
|
J. MANHEIMER LIMITED |
|
04556938 |
31.12.2011 |
N |
|
|
KERFIN LIMITED |
|
01465570 |
31.12.2011 |
N |
|
|
KERRY INGREDIENTS (UK)... |
|
00329695 |
31.12.2011 |
N |
£414,393,547 |
|
KERRY FLAVOURS
UK LI... |
|
00358462 |
31.12.2011 |
N |
£11,891,000 |
|
PROVINCIAL
BUTCHERS SU... |
|
NI022585 |
31.12.2011 |
N |
|
|
SPICES NICE
LIMITED |
|
NI009078 |
31.12.2011 |
N |
£3,001,709 |
|
PALMER CEREALS
LIMITED |
|
SC069131 |
31.12.2011 |
N |
|
|
VOYAGER FOODS
GROUP LI... |
|
03191538 |
31.12.2011 |
N |
|
|
VOYAGER FOODS
(HOLDI... |
|
02568052 |
31.12.2011 |
N |
|
|
VOYAGER FOODS
LIMITED |
|
02067828 |
31.12.2011 |
N |
|
|
KERRY POULTRY
(UK) LTD |
|
01010571 |
31.12.2011 |
N |
|
|
LIASTROP LIMITED
|
|
02181349 |
31.12.2011 |
N |
|
|
MATTHEWS FOODS
LIMITED |
|
00515691 |
31.12.2011 |
N |
£54,313,392 |
|
MORTON FOODS
LIMITED |
|
03597698 |
31.12.2011 |
N |
|
|
NOON GROUP
LIMITED |
|
03393930 |
31.12.2011 |
N |
|
|
MARSTON VALLEY FOODS L... |
|
03533463 |
31.12.2011 |
N |
|
|
NOON PRODUCTS
LIMITED |
|
02166664 |
31.12.2011 |
N |
£183,960,184 |
|
ROBIRCH LIMITED |
|
00234897 |
31.12.2011 |
N |
|
|
SPURWAY FOODS
LIMITED |
|
02739017 |
31.12.2011 |
N |
£16,718,249 |
|
GOLDEN VALE
LIMITED |
|
IE160955 |
31.12.2011 |
N |
|
|
CHARLEVILLE
RESEARCH LIMITED |
|
IE145872 |
31.12.2011 |
N |
|
|
GOLDEN VALE
HOLDINGS LIMITED |
|
IE168178 |
31.12.2011 |
N |
|
|
GOLDEN VALE
INVESTMENTS LI... |
|
IE147684 |
31.12.2011 |
N |
|
|
RINUS
ENTERPRISES LIMITED |
|
IE131115 |
31.12.2011 |
N |
|
|
IVERNIA PIG
DEVELOPMENTS LIM... |
|
IE032293 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS & FLAVOURS... |
|
IE471704 |
31.12.2011 |
N |
|
|
KERRY AGRI
BUSINESS HOLDINGS... |
|
IE196893 |
31.12.2011 |
N |
|
|
KERRY AGRI
BUSINESS TRADIN... |
|
IE171521 |
31.12.2011 |
N |
|
|
KERRY FARM
SUPPLIES LIMITED |
|
IE058571 |
31.12.2011 |
N |
|
|
KERRY FOOD
INGREDIENTS (CORK... |
|
IE290428 |
31.12.2011 |
N |
|
|
KERRY GROUP
SERVICES LIMITED |
|
IE116550 |
31.12.2011 |
N |
|
|
ACCOMMODATION TRALEE LIMITED |
|
IE170502 |
31.12.2011 |
N |
|
|
E M DENNY
(HOLDINGS) LIMITED |
|
00207620 |
31.12.2011 |
N |
|
|
E.M. DENNY &
CO LIMITED |
|
00235401 |
31.12.2011 |
N |
|
|
HENRY DENNY
& SONS,LIMITED |
|
00033524 |
31.12.2011 |
N |
|
|
DYNABOO LIMITED |
|
IE443160 |
31.12.2011 |
N |
|
|
FAMBEE LIMITED |
|
IE443159 |
31.12.2011 |
N |
|
|
KERRY GROUP
BUSINESS SERVI... |
|
IE440514 |
31.12.2011 |
N |
|
|
KERRY GROUP
FINANCIAL SERV... |
|
IE242662 |
31.12.2011 |
N |
€66,298,605 |
|
ZENBURY
INTERNATIONAL LIMITED |
|
IE315603 |
31.12.2011 |
N |
|
|
KERRY TREASURY
SERVICES LI... |
|
IE079413 |
31.12.2011 |
N |
|
|
KERRY HOLDINGS
(IRELAND) LIM... |
|
IE087212 |
31.12.2011 |
N |
|
|
DAWN DAIRIES
LIMITED |
|
IE236055 |
31.12.2011 |
N |
|
|
GOLDEN VALE
DAIRIES LIMITED |
|
IE154861 |
31.12.2011 |
N |
|
|
SNOWCREAM
(MIDLANDS) LIM... |
|
IE016669 |
31.12.2011 |
N |
|
|
DUFFY MEATS
LIMITED |
|
IE087159 |
31.12.2011 |
N |
|
|
FRESHWAYS
LIMITED |
|
IE212317 |
31.12.2011 |
N |
|
|
GERDOR LIMITED |
|
IE071363 |
31.12.2011 |
N |
|
|
IRISH COLD
STORES LIMITED |
|
IE071640 |
31.12.2011 |
N |
|
|
GLENEALY FARMS
(TURKEYS) L... |
|
IE039564 |
31.12.2011 |
N |
|
|
GROVE FARM
LIMITED |
|
IE117001 |
31.12.2011 |
N |
|
|
BALLYFREE FARMS
LIMITED |
|
IE014851 |
31.12.2011 |
N |
|
|
HENRY DENNY
& SONS (IRELAN... |
|
IE004131 |
31.12.2011 |
N |
|
|
KERRYKREEM LIMITED
|
|
IE134247 |
31.12.2011 |
N |
|
|
RYE VALLEY FOODS
LIMITED |
|
IE115669 |
31.12.2011 |
N |
|
|
RYE INVESTMENTS
LIMITED |
|
IE270583 |
31.12.2011 |
N |
|
|
BREEO FOODS
LIMITED |
|
IE243022 |
31.12.2011 |
N |
|
|
DAIRY WORLD
MARKETIN... |
|
IE084944 |
31.12.2011 |
N |
|
|
BREEO FOOD
PRODUCTS... |
|
NI030261 |
31.12.2011 |
N |
|
|
SUPER CHILL
LIMITED |
|
IE220160 |
31.12.2011 |
N |
|
|
YEE BY YUM
LIMITED |
|
IE406077 |
31.12.2011 |
N |
|
|
LIFESOURCE FOODS
RES... |
|
IE093628 |
31.12.2011 |
N |
|
|
BREEO
ENTERPRISES... |
|
IE442317 |
31.12.2011 |
N |
|
|
M.U.D. SCIENCE
LIMITED |
|
IE188776 |
31.12.2011 |
N |
|
|
RYE DEVELOPMENTS
LIMITED |
|
IE270582 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS HOLDINGS (... |
|
IE128460 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS (DUBLIN)... |
|
IE103874 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS TRADING... |
|
IE158591 |
31.12.2011 |
N |
|
|
KERRY
INGREDIENTS (IRELAND... |
|
IE206782 |
31.12.2011 |
N |
|
|
PLATTERS FOOD
COMPANY LI... |
|
IE121226 |
31.12.2011 |
N |
|
|
NORTH KERRY MILK
PRODUCTS... |
|
IE026497 |
31.12.2011 |
N |
|
|
NORTH KERRY MILK
EXPORTS... |
|
IE038272 |
31.12.2011 |
N |
|
|
PLASSEY HOLDINGS
LIMITED |
|
IE134722 |
31.12.2011 |
N |
|
|
NATIONAL FOOD
INGREDIENT... |
|
IE016146 |
31.12.2011 |
N |
|
|
WILLIAM BLAKE
LIMITED |
|
IE008316 |
31.12.2011 |
N |
|
|
KERRY MILK
EXPORTS LIMITED |
|
IE061732 |
31.12.2011 |
N |
|
|
KERRY MILK
PRODUCTS LIMITED |
|
IE069752 |
31.12.2011 |
N |
|
|
PETRELLA LIMITED
|
|
IE170664 |
31.12.2011 |
N |
|
|
PIXUNDO LIMITED |
|
IE443163 |
31.12.2011 |
N |
|
|
PRINCEMARK
HOLDINGS LIMITED |
|
IE300250 |
31.12.2011 |
N |
|
|
PUTAXY LIMITED |
|
IE036150 |
31.12.2011 |
N |
|
|
JYNESPO LIMITED |
|
IE054747 |
31.12.2011 |
N |
|
|
QUANDU LIMITED |
|
IE443161 |
31.12.2011 |
N |
|
|
TRUNDU LIMITED |
|
IE443162 |
31.12.2011 |
N |
|
|
|
Number |
Latest Key
Financials |
||
|
KERRY INGREDIENTS FRANCE |
|
305305492 |
31.12.2011 |
€74,492,320 |
|
KERRY INGREDIENTS HOLDINGS FRANCE SA |
|
403888720 |
31.12.2011 |
|
|
PLASSEY INVESTMENTS |
|
IE005070 |
31.12.2006 |
€4,645,920,000 |
|
GOLDEN VALE SALES LIMITED |
|
IE070154 |
31.12.2006 |
€4,645,920,000 |
|
GOLDEN VALE FOODS |
|
IE158174 |
31.12.2006 |
€4,645,920,000 |
|
GOLDEN VALE FOOD PRODUCTS (SALES) LIMITED |
|
IE103669 |
31.12.2003 |
€3,693,410,000 |
|
GOLDEN VALE (HOLLAND) B.V. |
|
13033855 |
31.12.2011 |
|
|
KERRY SAVOURY INGREDIENTS FRANCE |
|
304263940 |
31.12.2005 |
€82,004,734 |
|
GOVA HOLDINGS B.V. |
|
13035302 |
31.12.2011 |
|
|
KERRY INGREDIENTS GMBH |
|
HRB 2928 |
31.12.2010 |
€70,475,270 |
|
GOVA FINANCE B.V. |
|
13037564 |
31.12.2008 |
|
|
KERRY FOODS FRANCE |
|
334477163 |
31.12.2010 |
€13,680,452 |
|
BALLYSIMON WAREHOUSING LIMITED |
|
IE064834 |
31.12.2009 |
|
|
NATIONAL RUSKS |
|
IE212380 |
31.12.2010 |
|
|
JAVEE LIMITED |
|
IE443158 |
31.12.2009 |
|
|
KERRY GROUP B.V. |
|
24234571 |
31.12.2010 |
|
|
KERRY INGREDIENTS B.V. |
|
24283044 |
- |
|
|
KERRY HOLDING CO |
|
|
- |
$8,436,000 |
|
HICKORY SPECIALTIES, INC |
|
|
- |
$400,000,000 |
|
KERRY FOODSERVICE |
|
|
- |
|
N/a
|
SIC03 |
5117 |
|
SIC03
Description |
AGENTS IN THE SALE OF FOOD, BEVERAGES & TOBACCO |
|
SIC07 |
46170 |
|
SIC07
Description |
AGENTS INVOLVED IN THE SALE OF FOOD, BEVERAGES AND TOBACCO |
|
Principal
Activity |
|
|
Name |
Date of Birth |
07/12/1954 |
|
|
Officers Title |
|
Nationality |
|
|
Present
Appointments |
115 |
Function |
Company Secretary |
|
Appointment Date |
10/06/2009 |
|
|
|
Address |
3 CLOGHERS, BALLYARD, TRALEE CO. KERRY. |
||
|
Auditors |
||
|
|
Auditor Comments |
The company is exempt from audit |
|
|
Bankers |
|
|
|
Bank Branch Code |
|
|
No Status History found |
|
Date |
Description |
|
30/07/2012 |
New Accounts Filed |
|
30/07/2012 |
New Accounts Filed |
|
27/07/2012 |
Annual Returns |
|
23/07/2011 |
New Accounts Filed |
|
20/07/2011 |
Annual Returns |
|
20/07/2010 |
Annual Returns |
|
19/07/2010 |
New Accounts Filed |
|
18/01/2010 |
Annual Returns |
|
10/06/2009 |
JOANNE KENNY has left the board |
|
10/06/2009 |
NOREEN KENNY has resigned as company secretary |
|
10/06/2009 |
NOREEN KENNY has left the board |
|
10/06/2009 |
New Board Member (FLOR HEALY) appointed |
|
10/06/2009 |
New Board Member (BRIAN MEHIGAN) appointed |
|
10/06/2009 |
New Board Member (JOANNE KENNY) appointed |
|
10/06/2009 |
New Company Secretary (NOREEN KENNY) appointed |
|
No Previous Names found |
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.83 |
|
|
1 |
Rs.81.24 |
|
Euro |
1 |
Rs.70.38 |
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.