MIRA
INFORM REPORT
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Report Date : |
13.07.2013 |
IDENTIFICATION DETAILS
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Name : |
KIDDE PRODUCTS |
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Registered Office : |
Thame Park Road Thame Oxfordshire Ox9 3rt |
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Country : |
United Kingdom |
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Date of Incorporation : |
01.01.2008 |
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Legal Form : |
Not Available |
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Line of Business : |
Manufacturing of Firefighting Equipment |
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No. of Employees : |
130 |
RATING & COMMENTS
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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 |
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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.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
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 |
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
REGISTERED NAME & COMPANY
SUMMARY
KIDDE PRODUCTS
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Trading Address |
THAME PARK ROAD |
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THAME |
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OXFORDSHIRE |
Date At Address |
01/01/2008 |
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Post Code |
OX9 3RT |
Number of
Employees |
130 |
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Telephone Number
|
01844 265000 - View Details |
Premises Type |
Manufacturing |
|
TPS |
N |
Business
Classification |
FIREFIGHTING EQUIPMENT |
|
Fax Number |
01844 265156 |
SIC03 |
29560 |
|
FPS |
Y |
SIC03
Description |
Manufacture of other special purpose machinery not elsewhere
classified |
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Website Address |
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DIRECTORS/MANAGEMENT
|
Senior Executive
|
MR DAVE ADKINS |
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Position |
BUSINESS MANAGER |
Directors last filed
addresses which have been matched to this company’s postcode - 2
Results found
|
Kidde Products Limited Thame Park Road |
OX9 3RT |
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|
Kidde Products Ltd Thame Park Road |
OX9 3RT |
NEGATIVE INFORMATION
Bankruptcy Information
Exact Name & Address
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Bankrupt
|
No |
Exact Address Match
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Bankrupt |
No |
Exact Name Match
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Bankrupt |
No |
CCJ Details
Exact CCJ Details
|
No CCJ`s Found |
Possible Address CCJ Details
|
No CCJ`s Found |
Possible Name CCJ Details
|
No CCJ`s Found |
SHARE & SHARE CAPITAL
INFORMATION
N/a
PAYMENT INFORMATION
|
Days Beyond
Terms |
Trend Indicator |
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||||
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Steady   Improving Worsening |
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GROUP STRUCTURE & AFFILIATED
COMPANIES
N/a
FINANCIAL INFORMATION
N/a
FOREIGN EXCHANGE RATES
N/a
ADDITIONAL INFORMATION
Other Non Limited Companies
which match this Company Name & Address - 4 Results
found
|
THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
|
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THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
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THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
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THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
Other Non Limited Companies which
match this Company Name - 4 Results found
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WENMAN ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
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STATION ROAD BENTHAM LANCASTER LANCASHIRE LA2 7NA |
LA2 7NA |
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THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
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THAME PARK ROAD THAME OXFORDSHIRE OX9 3RT |
OX9 3RT |
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Company Address |
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Company Name |
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House Name / Number |
Telephone Number |
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Street |
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Locality |
if you would like to search by an alternative company address or
telephone number, please do so |
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City / Town |
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Post Code |
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This company has been matched to SIC Code 2956
classified as Manufacture of other special purpose machinery not elsewhere
classified
Total number & value of
CCJ’s in this SIC03
|
SIC03 |
|
CCJ`s |
Value |
|
|
|
2956 |
|
196 |
£988,510 |
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Total number of Negative
Events in this SIC03
|
SIC03 |
|
Bankruptcy |
Administration |
Liquidation |
Wound Up |
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2956 |
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0 |
9 |
86 |
1 |
NOTES & COMMENTS
Commentary
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No exact
match CCJs are recorded against the company. |
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There has been no significant change in the company's credit rating. |
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The business has been at the address for over 5 years. |
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The business has 130 employee(s). |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.89 |
|
|
1 |
Rs.90.88 |
|
Euro |
1 |
Rs.78.32 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
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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 |
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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 |
|
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 |
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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 |
|
<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%)