MIRA INFORM REPORT
|
Report Date : |
15.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
PRIMARK STORES LTD. |
|
|
|
|
Registered Office : |
Primark House 41 West Street Reading, RG1 1TT |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
17.09.2011 |
|
|
|
|
Date of Incorporation : |
30.04.1948 |
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|
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Com. Reg. No.: |
00453448 |
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|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Retail sale of clothing |
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|
|
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 and address
Primark Stores
Ltd.
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Business
Description
|
Established in 1969, Primark Stores Ltd. owns and operates several
clothing stores in the United Kingdom. Its stores offer casual and corporate
wear for men and women. It provides a range of shirts, trousers, jackets,
T-shirts and jeans. Its stores also stock a variety of dresses, blouses,
skirts and pleated pants for women. Its range of products is available in
different colours, sizes, styles and fabrics. It also sells accessories, such
as belts, ties, scarves and goggles. The company markets its products under
various brands. |
Industry
|
Industry |
Retail (Apparel) |
|
ANZSIC 2006: |
4251 - Clothing Retailing |
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NACE 2002: |
5242 - Retail sale of clothing |
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NAICS 2002: |
4481 - Clothing Stores |
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UK SIC 2003: |
5242 - Retail sale of clothing |
|
UK SIC 2007: |
4771 - Retail sale of clothing in
specialised stores |
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US SIC 1987: |
5651 - Family Clothing Stores |
Key Executives
|
Financial
Summary
|
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1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6227818
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6331318
Corporate Overview
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Corporate Structure News
|
Primark Stores
Ltd. |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
London |
United Kingdom |
Retail (Department and Discount) |
15,999.1 |
102,951 |
|
|
Subsidiary |
London |
United Kingdom |
Food Processing |
17,767.1 |
102,253 |
|
|
Subsidiary |
Reading |
United Kingdom |
Retail (Apparel) |
3,366.2 |
25,575 |
|
|
UK Branch/Trading address |
Romford |
United Kingdom |
Retail (Apparel) |
3,366.2 |
300 |
|
|
UK Branch/Trading address |
Birmingham |
United Kingdom |
Retail (Apparel) |
3,366.2 |
250 |
|
|
UK Branch/Trading address |
Bolton |
United Kingdom |
Retail (Apparel) |
3,366.2 |
200 |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Retail (Apparel) |
3,366.2 |
196 |
|
|
UK Branch/Trading address |
Norwich |
United Kingdom |
Retail (Apparel) |
3,366.2 |
180 |
|
|
UK Branch/Trading address |
Ipswich |
United Kingdom |
Retail (Apparel) |
3,366.2 |
150 |
|
|
UK Branch/Trading address |
Gravesend |
United Kingdom |
Retail (Apparel) |
3,366.2 |
120 |
|
|
UK Branch/Trading address |
Bexleyheath |
United Kingdom |
Retail (Apparel) |
3,366.2 |
118 |
|
|
UK Branch/Trading address |
Belfast |
United Kingdom |
Retail (Apparel) |
3,366.2 |
116 |
|
|
UK Branch/Trading address |
Wembley |
United Kingdom |
Retail (Apparel) |
3,366.2 |
110 |
|
|
UK Branch/Trading address |
Hemel Hempstead |
United Kingdom |
Retail (Apparel) |
3,366.2 |
100 |
|
|
UK Branch/Trading address |
Basildon |
United Kingdom |
Retail (Apparel) |
3,366.2 |
100 |
|
|
UK Branch/Trading address |
Wakefield |
United Kingdom |
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
Glasgow |
United Kingdom |
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
Wigan |
United Kingdom |
Retail (Apparel) |
3,366.2 |
90 |
|
|
UK Branch/Trading address |
Barnstaple |
United Kingdom |
Retail (Apparel) |
3,366.2 |
89 |
|
|
UK Branch/Trading address |
Taunton |
United Kingdom |
Retail (Apparel) |
3,366.2 |
85 |
|
|
UK Branch/Trading address |
Dartford |
United Kingdom |
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
Bournemouth |
United Kingdom |
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
Stevenage |
United Kingdom |
Retail (Apparel) |
3,366.2 |
80 |
|
|
UK Branch/Trading address |
Hereford |
United Kingdom |
Retail (Apparel) |
3,366.2 |
70 |
|
|
UK Branch/Trading address |
Grimsby |
United Kingdom |
Retail (Apparel) |
3,366.2 |
63 |
|
|
UK Branch/Trading address |
Crawley |
United Kingdom |
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
Stirling |
United Kingdom |
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
Hartlepool |
United Kingdom |
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
Wrexham |
United Kingdom |
Retail (Apparel) |
3,366.2 |
60 |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Retail (Apparel) |
3,366.2 |
55 |
|
|
UK Branch/Trading address |
Lisburn |
United Kingdom |
Retail (Apparel) |
3,366.2 |
55 |
|
|
UK Branch/Trading address |
Londonderry |
United Kingdom |
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Woking |
United Kingdom |
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Gloucester |
United Kingdom |
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Ballymena |
United Kingdom |
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Clydebank |
United Kingdom |
Retail (Apparel) |
3,366.2 |
50 |
|
|
UK Branch/Trading address |
Middlesbrough |
United Kingdom |
Retail (Apparel) |
3,366.2 |
49 |
|
|
UK Branch/Trading address |
Northampton |
United Kingdom |
Retail (Apparel) |
3,366.2 |
45 |
|
|
UK Branch/Trading address |
Bristol |
United Kingdom |
Retail (Apparel) |
3,366.2 |
45 |
|
|
UK Branch/Trading address |
Wallasey |
United Kingdom |
Retail (Apparel) |
3,366.2 |
40 |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Retail (Apparel) |
3,366.2 |
34 |
|
|
UK Branch/Trading address |
Hamilton |
United Kingdom |
Retail (Apparel) |
3,366.2 |
31 |
|
|
UK Branch/Trading address |
London |
United Kingdom |
Retail (Apparel) |
3,366.2 |
20 |
|
|
UK Branch/Trading address |
Newry |
United Kingdom |
Retail (Apparel) |
3,366.2 |
8 |
|
|
UK Branch/Trading address |
Newport |
United Kingdom |
Retail (Apparel) |
3,366.2 |
1 |
|
|
UK Branch/Trading address |
Newtownards |
United Kingdom |
Retail (Apparel) |
3,366.2 |
|
|
|
UK Branch/Trading address |
Huddersfield |
United Kingdom |
Retail (Apparel) |
3,366.2 |
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Mount Edgecombe |
South Africa |
Food Processing |
1,232.5 |
12,456 |
|
|
Subsidiary |
Limbe |
Malawi |
Food Processing |
201.3 |
8,605 |
|
|
Subsidiary |
Big Bend |
Swaziland |
Food Processing |
|
3,000 |
|
|
Subsidiary |
Mazabuka |
Zambia |
Food Processing |
297.7 |
2,933 |
|
|
Subsidiary |
Perth, WA |
Australia |
Oil and Gas Operations |
0.2 |
4 |
|
|
Subsidiary |
Phoenix |
South Africa |
Miscellaneous Transportation |
428.9 |
|
|
|
Subsidiary |
Phoenix |
South Africa |
Food Processing |
0.8 |
|
|
|
Subsidiary |
Kidatu |
Tanzania |
Food Processing |
|
|
|
|
Subsidiary |
Maputo |
Mozambique |
Food Processing |
|
|
|
|
Subsidiary |
Dublin |
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.54.63 |
|
|
1 |
Rs.83.67 |
|
Euro |
1 |
Rs.71.02 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.