MIRA INFORM REPORT
|
Report Date : |
14.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
INEOS CHLORVINYLS LTD. |
|
|
|
|
Registered Office : |
Runcorn Site
HQ, South Parade, PO Box 9, Runcorn, WA7 4JE |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
11.09.2000 |
|
|
|
|
Com. Reg. No.: |
04068812 |
|
|
|
|
Legal Form : |
Private
Subsidiary Company |
|
|
|
|
Line of Business : |
· producers of chlor-alkali in Europe & a global leader in chlorine derivatives. · manufacturer of sulphur chemicals and a key player in the electrochemical technology field. |
|
|
|
|
No. of Employees : |
936 |
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 but Correct |
|
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 & address
Ineos Chlorvinyls
Ltd.
Registered Address
Runcorn Site HQ
South Parade
PO Box 9
Runcorn, WA7 4JE
United Kingdom
Tel: 44-1928561111
Fax: 01928 515253
Web: www.ineos.com
Synthesis
Employees: 936
Company Type: Private
Subsidiary
Corporate Family: 164 Companies
Ultimate Parent: INEOS AG
Quoted Status: Non-quoted
Company
Incorporation
Date: 11-Sep-2000
Auditor:
PricewaterhouseCoopers LLP
Financials in: Usd (Millions)
Fiscal Year End: 31-Dec-2011
Reporting
Currency: British Pound Sterling
Annual Sales: 944.1 1
Net Income: 19.9
Total Assets: 928.6
Business Description
INEOS Chlor Ltd.,
part of the INEOS network of companies, is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives. INEOS Chlor is
also a leading manufacturer of sulphur chemicals and a key player in the
electrochemical technology field. The company’s position as an industry
leader is built on its ability to recognise trends and opportunities in market
demands and to respond to and exceed customers’ needs. INEOS Chlor’s
portfolio includes numerous products that are market leaders in Europe and
throughout the world. Chlorine and caustic soda occupy second position in
Europe. INEOS Chlor is one of the largest chlorinated paraffins producers in
the world and operates one of the world's largest trichloroethylene and
chloromethanes plants. Additionally, INEOS Chlor is one of the top producers of
sulphur chemical products in the United Kingdom. INEOS Chlor Ltd. maintains its
head office in Runcorn, Cheshire.
Industry
Industry
Basic Chemical Manufacturing
ANZSIC 2006: 1811 - Industrial Gas Manufacturing
ISIC Rev 4: 2011 - Manufacture of basic chemicals
NACE Rev 2: 2011 - Manufacture of industrial gases
NAICS 2012: 325120 - Industrial Gas Manufacturing
UK SIC 2007: 2011 - Manufacture of industrial gases
US SIC 1987: 2813 - Industrial Gases
Key Executives
|
Name |
Title |
|
Christopher E Tane |
Chief Executive Officer |
|
Andrew James Pizzey |
Chief Financial Officer, O&P Europe |
|
Paul F Nichols |
Company Secretary |
|
Clive Mattock |
Health & Safety Officer |
|
Califonia Carson |
Member of the Products and People Team |
Financial Summary
|
||||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.623776
2 - Balance Sheet
Item Exchange Rate: USD 1 = GBP 0.6434593
Corporate Overview
Location
Runcorn Site HQ
South Parade
PO Box 9
Runcorn, WA7 4JE
Cheshire County
United Kingdom
Tel: 44-1928561111
Fax: 01928 515253
Web: www.ineos.com
Sales GBP(mil): 588.9
Assets GBP(mil): 597.5
Employees: 936
Fiscal Year End: 31-Dec-2011
Industry: Chemical
Manufacturing
Registered Address:
Runcorn Site Hq
South Parade
Po Box 9
Runcorn, WA7 4JE
United Kingdom
Incorporation
Date: 11-Sep-2000
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Previous Name: INEOS Chlor Ltd
Registered No.(UK): 04068812
Chief Executive
Officer: Christopher E Tane
Industry Codes
ANZSIC 2006
Codes:
1811 - Industrial
Gas Manufacturing
1812 - Basic
Organic Chemical Manufacturing
1813 - Basic
Inorganic Chemical Manufacturing
ISIC Rev 4 Codes:
2011 - Manufacture
of basic chemicals
NACE Rev 2 Codes:
2011 - Manufacture
of industrial gases
2014 - Manufacture
of other organic basic chemicals
2013 - Manufacture
of other inorganic basic chemicals
NAICS 2012 Codes:
325120 - Industrial
Gas Manufacturing
32519 - Other
Basic Organic Chemical Manufacturing
325180 - Other
Basic Inorganic Chemical Manufacturing
US SIC 1987:
2813 - Industrial
Gases
2819 - Industrial
Inorganic Chemicals, Not Elsewhere Classified
2869 - Industrial
Organic Chemicals, Not Elsewhere Classified
UK SIC 2007:
2011 - Manufacture of industrial gases
2014 - Manufacture of other organic basic
chemicals
2013 - Manufacture of other inorganic basic
chemicals
Business Description
INEOS Chlor Ltd.,
part of the INEOS network of companies, is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives. INEOS Chlor is
also a leading manufacturer of sulphur chemicals and a key player in the
electrochemical technology field. The company’s position as an industry
leader is built on its ability to recognise trends and opportunities in market
demands and to respond to and exceed customers’ needs. INEOS Chlor’s
portfolio includes numerous products that are market leaders in Europe and
throughout the world. Chlorine and caustic soda occupy second position in
Europe. INEOS Chlor is one of the largest chlorinated paraffins producers in
the world and operates one of the world's largest trichloroethylene and
chloromethanes plants. Additionally, INEOS Chlor is one of the top producers of
sulphur chemical products in the United Kingdom. INEOS Chlor Ltd. maintains its
head office in Runcorn, Cheshire.
More Business Descriptions
INEOS Chlor is
one of the major chlor-alkali producers in Europe and a global leader in
chlorine derivatives. The company is also a leading manufacturer of sulphur
chemicals and a key player in the field of electrochemical technology
Chlorine &
Other Chlorine Derivatives Mfr
INEOS Chlor is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives. The company is
also a leading manufacturer of sulphur chemicals and a key player in the field
of electrochemical technology
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Corporate Family |
Corporate
Structure News: |
|
|
INEOS
AG |
|
Ineos Chlorvinyls Ltd. |
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|
|
|
|
Company
Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Rolle |
Switzerland |
Petroleum Product Manufacturing |
41,717.7 |
15,500 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Holding Companies |
|
15,000 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Basic Chemical Manufacturing |
37,660.0 |
14,811 |
|
|
Joint Venture |
Frankfurt am Main |
Germany |
Holding Companies |
2,569.9 |
3,400 |
|
|
Subsidiary |
Vadodara |
India |
Basic Chemical Manufacturing |
187.3 |
84,230 |
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Synthetic Chemical Manufacturing |
551.1 |
1,700 |
|
|
Subsidiary |
Fribourg |
Switzerland |
Rubber and Plastic Product Manufacturing |
|
1,250 |
|
|
Subsidiary |
Trelleborg |
Sweden |
Synthetic Chemical Manufacturing |
8.6 |
46 |
|
|
Subsidiary |
Ulsan |
Korea, Republic of |
Synthetic Chemical Manufacturing |
946.4 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Nonclassifiable Establishments |
486.2 |
|
|
|
Subsidiary |
Ludwigshafen |
Germany |
Rubber and Plastic Product Manufacturing |
|
|
|
|
Subsidiary |
Mumbai |
India |
Rubber and Plastic Product Manufacturing |
|
|
|
|
Subsidiary |
Rayong |
Thailand |
Synthetic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Chemical Wholesale |
2,366.4 |
2,000 |
|
|
Division |
Lyndhurst |
United Kingdom |
Rubber and Plastic Product Manufacturing |
|
1,800 |
|
|
Subsidiary |
Ferrara |
Italy |
Synthetic Chemical Manufacturing |
116.4 |
163 |
|
|
Subsidiary |
Helsingborg |
Sweden |
Synthetic Chemical Manufacturing |
32.1 |
60 |
|
|
Subsidiary |
Sins |
Switzerland |
Synthetic Chemical Manufacturing |
|
40 |
|
|
Subsidiary |
Chalons-en-Champagne |
France |
Synthetic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Channahon, IL |
United States |
Rubber and Plastic Product Manufacturing |
3,100.0 |
1,170 |
|
|
Branch |
Pasadena, TX |
United States |
Rubber and Plastic Product Manufacturing |
125.5 |
112 |
|
|
Subsidiary |
Indian Orchard, MA |
United States |
Synthetic Chemical Manufacturing |
18.9 |
70 |
|
|
Branch |
Texas City, TX |
United States |
Rubber and Plastic Product Manufacturing |
5.4 |
11 |
|
|
Branch |
Decatur, AL |
United States |
Rubber and Plastic Product Manufacturing |
3.4 |
11 |
|
|
Branch |
Aurora, IL |
United States |
Rubber and Plastic Product Manufacturing |
2.3 |
8 |
|
|
Branch |
Clover, SC |
United States |
Nonclassifiable Establishments |
|
3 |
|
|
Subsidiary |
Wyandotte, MI |
United States |
Rubber and Plastic Product Manufacturing |
|
|
|
|
Subsidiary |
Lavera |
France |
Rubber and Plastic Product Manufacturing |
522.6 |
629 |
|
|
Subsidiary |
Wilhelmshaven, Niedersachsen |
Germany |
Rubber and Plastic Product Manufacturing |
172.2 |
420 |
|
|
Subsidiary |
Mumbai |
India |
Paper Product Manufacturing |
41.1 |
362 |
|
|
Subsidiary |
Wilhelmshaven, Niedersachsen |
Germany |
Chemical Wholesale |
707.0 |
35 |
|
|
Subsidiary |
League City, TX |
United States |
Miscellaneous Chemical Manufacturing |
706.3 |
370 |
|
|
Facility |
Port Lavaca, TX |
United States |
Miscellaneous Chemical Manufacturing |
5.0 |
200 |
|
|
Facility |
Lima, OH |
United States |
Miscellaneous Chemical Manufacturing |
|
150 |
|
|
Subsidiary |
La Porte, TX |
United States |
Miscellaneous Chemical Manufacturing |
531.4 |
350 |
|
|
Subsidiary |
Stathelle |
Norway |
Synthetic Chemical Manufacturing |
730.8 |
337 |
|
|
Subsidiary |
Lima, OH |
United States |
Miscellaneous Chemical Manufacturing |
267.0 |
300 |
|
|
Subsidiary |
League City, TX |
United States |
Basic Chemical Manufacturing |
|
300 |
|
|
Subsidiary |
Gladbeck, Nordrhein-Westfalen |
Germany |
Basic Chemical Manufacturing |
159.4 |
270 |
|
|
Subsidiary |
Addyston, OH |
United States |
Rubber and Plastic Product Manufacturing |
77.2 |
266 |
|
|
Subsidiary |
Feluy |
Belgium |
Basic Chemical Manufacturing |
97.0 |
210 |
|
|
Subsidiary |
Beveren-Waas |
Belgium |
Miscellaneous Chemical Manufacturing |
250.7 |
208 |
|
|
Subsidiary |
Theodore, AL |
United States |
Miscellaneous Chemical Manufacturing |
142.3 |
150 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
83.5 |
141 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
0.5 |
|
|
|
Subsidiary |
Stathelle |
Norway |
Synthetic Chemical Manufacturing |
634.7 |
135 |
|
|
Subsidiary |
Frankfurt Am Main, Hessen |
Germany |
Rubber and Plastic Product Manufacturing |
110.4 |
120 |
|
|
Subsidiary |
Plaquemine, LA |
United States |
Miscellaneous Chemical Manufacturing |
231.1 |
73 |
|
|
Subsidiary |
Martigues |
France |
Chemical Wholesale |
1,025.9 |
14 |
|
|
Subsidiary |
Lavera |
France |
Chemical Wholesale |
3.3 |
1 |
|
|
Subsidiary |
Cary, IL |
United States |
Miscellaneous Chemical Manufacturing |
5.3 |
6 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Chemical Wholesale |
21.8 |
4 |
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Chemical Wholesale |
928.0 |
2 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Basic Chemical Manufacturing |
347.2 |
444 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Basic Chemical Manufacturing |
|
|
|
|
Facility |
Stathelle |
Norway |
Rubber and Plastic Product Manufacturing |
|
350 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
5.8 |
22 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
|
|
|
|
Subsidiary |
Frodsham |
United Kingdom |
Synthetic Chemical Manufacturing |
1.0 |
55 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Personal Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Manufacturing |
306.7 |
638 |
|
|
Subsidiary |
Grangemouth |
United Kingdom |
Miscellaneous Manufacturing |
466.7 |
595 |
|
|
Subsidiary |
Middlesbrough |
United Kingdom |
Miscellaneous Professional Services |
|
375 |
|
|
Subsidiary |
Middlesbrough |
United Kingdom |
Miscellaneous Chemical Manufacturing |
500.5 |
233 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
6,365.3 |
194 |
|
|
Subsidiary |
Rosignano Marittimo, Livorno |
Italy |
Synthetic Chemical Manufacturing |
43.0 |
194 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Chemical Manufacturing |
72.8 |
42 |
|
|
Subsidiary |
Rosignano Marittimo, Livorno |
Italy |
Machinery Wholesale |
409.2 |
8 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Life and Health Insurance |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Architecture and Engineering |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Banking |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Manufacturing |
|
|
|
|
Subsidiary |
|
|
Synthetic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
2,440 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Synthetic Chemical Manufacturing |
0.0 |
|
|
|
UK Branch/Trading address |
Lyndhurst |
United Kingdom |
Chemical Wholesale |
0.0 |
54 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Investment Services |
0.0 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Basic Chemical Manufacturing |
944.1 |
936 |
|
|
Subsidiary |
Wilhelmshaven, Niedersachsen |
Germany |
Miscellaneous Chemical Manufacturing |
70.5 |
150 |
|
|
Subsidiary |
Verdun |
France |
Basic Chemical Manufacturing |
17.3 |
115 |
|
|
Subsidiary |
Barcelona, Barcelona |
Spain |
Chemical Wholesale |
3.8 |
10 |
|
|
Subsidiary |
Barcelona |
Spain |
Chemical Wholesale |
3.5 |
4 |
|
|
Subsidiary |
Runcorn |
United Kingdom |
Chemical Wholesale |
0.0 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Electricity Generation and Distribution |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Electricity Generation and Distribution |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Electricity Generation and Distribution |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Pensions and Funds |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
|
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Synthetic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Rubber and Plastic Product Manufacturing |
369.3 |
289 |
|
|
Subsidiary |
Newton Aycliffe |
United Kingdom |
Miscellaneous Manufacturing |
|
|
|
|
INEOS Films & Compounds |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
New Castle, DE |
United States |
Miscellaneous Manufacturing |
26.9 |
65 |
|
|
Subsidiary |
Mourmelon Le Grand |
France |
Rubber and Plastic Product Manufacturing |
0.9 |
34 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
90.4 |
79 |
|
|
Subsidiary |
Stenungsund |
Sweden |
Chemical Wholesale |
63.6 |
4 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Holding Companies |
0.0 |
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Wholesale |
230.7 |
7 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Basic Chemical Manufacturing |
155.4 |
2 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Beverage Manufacturing |
1,075.9 |
496 |
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Basic Chemical Manufacturing |
5.5 |
19 |
|
|
Subsidiary |
Freeport, TX |
United States |
Chemical Wholesale |
46.0 |
14 |
|
|
Subsidiary |
Houston, TX |
United States |
Chemical Wholesale |
16.4 |
5 |
|
|
Subsidiary |
Milano, Milano |
Italy |
Miscellaneous Professional Services |
1.6 |
5 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Banking |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Basic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Basic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Banking |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
1.4 |
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Holding Companies |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lavera |
France |
Miscellaneous Professional Services |
263.9 |
426 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Basic Chemical Manufacturing |
|
375 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Pensions and Funds |
|
|
|
|
Subsidiary |
Wadeville |
South Africa |
Basic Chemical Manufacturing |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Basic Chemical Manufacturing |
27.7 |
235 |
|
|
Subsidiary |
St Gabriel, LA |
United States |
Miscellaneous Chemical Manufacturing |
253.3 |
80 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Professional Services |
0.1 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Banking |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Consulting Services |
1.5 |
7 |
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Banking |
148.2 |
|
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Synthetic Chemical Manufacturing |
36.3 |
190 |
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Research and Development Services |
4.1 |
31 |
|
|
Subsidiary |
Marl, Nordrhein-Westfalen |
Germany |
Miscellaneous Chemical Manufacturing |
37.2 |
3 |
|
|
Subsidiary |
Marl, Nordrhein-Westfalen |
Germany |
Chemical Wholesale |
11.4 |
101 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Warrington |
United Kingdom |
Research and Development Services |
0.0 |
3 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
0.4 |
|
|
|
Subsidiary |
Fayetteville, AR |
United States |
Architecture and Engineering |
4.5 |
30 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Banking |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
|
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Miscellaneous Chemical Manufacturing |
2,582.4 |
3,691 |
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Lyndhurst |
United Kingdom |
Miscellaneous Professional Services |
|
|
Executive report
|
Board of
Directors |
|
|
|
|
|||||||
|
Chairman |
Chairman |
|
|||||||
|
||||||||||
|
Chairman of Trustees |
Chairman |
|
|
||||||
|
Chairman;member of the leadership team |
Chairman |
|
|
||||||
|
||||||||||
|
Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Finance Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Procurement Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Company Secretary |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Chief Executive Officer |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Procurement Director |
Director/Board Member |
|
|
||||||
|
||||||||||
|
Company Secretary |
Director/Board Member |
|
|
||||||
|
Executives |
|
|
|
|
||||
|
Chief Executive Officer |
Chief Executive Officer |
|
||||
|
|||||||
|
Chief Financial Officer, O&P Europe |
Division Head Executive |
|
|
|||
|
Operations Director |
Operations Executive |
|
|
|||
|
Health & Safety Officer |
Environment/Safety Executive |
|
|
|||
|
Health & Safety Manager |
Environment/Safety Executive |
|
|
|||
|
Company Secretary |
Company Secretary |
|
|
|||
|
|||||||
|
Company Secretary |
Company Secretary |
|
|
|||
|
Finance Director |
Finance Executive |
|
|
|||
|
|||||||
|
HR Manager |
Investment Executive |
|
|
|||
|
Communications Manager |
Corporate Communications Executive |
|
|
|||
|
PR Manager |
Public Relations Executive |
|
|
|||
|
PR Manager |
Public Relations Executive |
|
|
|||
|
Member of the Products and People Team |
Product Management Executive |
|
|
|||
|
Member of the Products and People Team |
Product Management Executive |
|
|
|||
|
Procurement Director |
Purchasing Executive |
|
|
|||
|
|||||||
|
Procurement Director |
Purchasing Executive |
|
|
|||
|
|||||||
|
Trustee |
Trustee |
|
|
|||
|
Trustee |
Trustee |
|
|
|||
|
Chairman of Trustees |
Trustee |
|
|
|||
|
Trustee |
Trustee |
|
|
|||
|
member of the leadership team |
Other |
|
|
|||
|
|||||||
|
member of the leadership team |
Other |
|
|
|||
|
|||||||
|
member of the leadership team |
Other |
|
|
|||
|
|||||||
Directors and Shareholders Report
|
Main Office
Address: |
Tel: 44-1928561111 |
Annual Return Date: 28 Feb 2013 |
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
26 Feb 1968 |
Runcorn Site Hq South Parade, |
03 Feb 2006 |
NA |
Current:36 |
|
|
|
Current |
06 Oct 1951 |
Po Box 9 Runcorn Site Hq, South Parade, |
05 Sep 2011 |
NA |
Current:11 |
|
|
|
Current |
22 May 1959 |
Runcorn Site Hq South Parade, Runcorn, |
14 Sep 2009 |
NA |
Current:11 |
|
|
|
Current |
12 Nov 1959 |
Po Box 9, Runcorn Site Hq, |
07 Feb 2008 |
NA |
Current:10 |
|
|
|
Current |
18 Feb 1955 |
Runcorn Site Hq, South Parade Po Box 9, |
01 Jan 2011 |
NA |
Current:9 |
|
|
|
Current |
02 Aug 1956 |
Runcorn Site Hq South Parade, |
23 Jul 2001 |
NA |
Current:18 |
|
|
|
Current |
22 Apr 1956 |
Sunnybank Cottage, School Lane, |
24 Sep 2003 |
NA |
Current:13 |
|
|
|
Previous |
20 Apr 1941 |
Flat F 11 Queens Gate Terrace, |
NA |
16 Jan 2001 |
Current:0 |
|
|
|
Previous |
22 Apr 1944 |
22 The Ridings, East Horsley, |
23 Jul 2001 |
20 Dec 2002 |
Current:5 |
|
|
|
Previous |
08 Dec 1963 |
Hawkslease, Chapel Lane, |
01 Feb 2001 |
24 Sep 2003 |
Current:2 |
|
|
|
Previous |
14 Jul 1955 |
The St Botolph Building 138 Houndsditch, |
31 Dec 2003 |
25 Oct 2004 |
Current:8 |
|
|
|
Previous |
25 Nov 1947 |
Runcorn Site Hq South Parade, P.O.Box 9, |
28 Feb 2007 |
01 Jan 2011 |
Current:0 |
|
|
|
Previous |
19 Nov 1947 |
3Rd Floor 38 Lombard Street, |
24 Sep 2003 |
25 Oct 2004 |
Current:5 |
|
|
|
Previous |
28 Jun 1946 |
2 Marton Avenue, |
23 Jul 2001 |
24 Sep 2003 |
Current:0 |
|
|
|
Previous |
20 Oct 1956 |
Runcorn Site Hq South Parade, P.O. Box 9, |
03 Feb 2006 |
05 Sep 2011 |
Current:0 |
|
|
|
Previous |
04 Dec 1955 |
Friars Wood, Pilley Hill, |
09 Jan 2001 |
09 Aug 2001 |
Current:0 |
|
|
|
Previous |
20 Jun 1968 |
Hawkslease Chapel Lane, |
23 Mar 2009 |
24 Mar 2009 |
Current:57 |
|
|
|
Previous |
23 May 1934 |
Deer Lane Cottage, Boldre Lane, |
01 Feb 2001 |
31 Dec 2002 |
Current:0 |
|
|
|
Previous |
07 Mar 1957 |
1 The Cedars, |
09 Jan 2001 |
09 Aug 2001 |
Current:0 |
|
|
|
Previous |
04 May 1947 |
Seb, Nachtegaelstraat 913 B41, |
18 Dec 2002 |
03 Feb 2006 |
Current:0 |
|
|
|
Previous |
20 Jun 1963 |
15 Cumbers Drive, Ness, |
23 Jul 2001 |
03 Feb 2006 |
Current:11 |
|
|
|
Previous |
06 May 1953 |
5 Wilton Road, |
23 Jul 2001 |
28 Feb 2007 |
Current:4 |
|
|
|
Previous |
18 Oct 1952 |
Runcorn Site Hq South Parade, Runcorn, |
31 Dec 2003 |
14 Sep 2009 |
Current:0 |
|
|
|
Previous |
04 Nov 1953 |
21/4 Mid Steil, Glenlockhart, |
06 Dec 2000 |
16 Jan 2001 |
Current:9 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
|
|||||||||||
|
|
|
|||||||||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
|||||||
|
Mawlaw Corporate Services Limited |
Previous |
20 Black Friars Lane, |
11 Sep 2000 |
31 Oct 2000 |
|
|||||||
|
Individual Secretaries |
||||||||||||
|
|
||||||||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|||||
|
Current |
25 Jun 1958 |
8 Manley Road, |
10 Oct 2005 |
NA |
Current:21 |
|
||||||
|
Current |
06 May 1953 |
5 Wilton Road, |
30 Aug 2003 |
NA |
Current:4 |
|
||||||
|
Previous |
07 Mar 1957 |
1 The Cedars, |
09 Jan 2001 |
01 Feb 2001 |
Current:0 |
|
||||||
|
Previous |
20 Jun 1963 |
15 Cumbers Drive, Ness, |
08 Aug 2003 |
10 Oct 2005 |
Current:11 |
|
||||||
|
Previous |
04 Nov 1953 |
21/4 Mid Steil, Glenlockhart, |
01 Feb 2001 |
01 Apr 2001 |
Current:9 |
|
||||||
|
|
|
|||||||||||
|
|
|
|
|
|
|
|
|
|||||
|
Corporate Secretaries |
||||
|
|
||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|
Mawlaw Secretaries Limited |
Previous |
201 Bishopsgate, |
11 Sep 2000 |
16 Jan 2001 |
|
|
||||
|
|
||||
|
|
||||
|
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 |
|
04772918 |
85 Convertible Non Participating GBP 1.00 |
Convertible Non Participating |
85 |
1.00 |
85.00 |
2.56 |
|
|
04772918 |
1000 Non Voting GBP 1.00 |
Non Voting |
1,000 |
1.00 |
1,000.00 |
30.17 |
|
|
04772918 |
2215 Non Convertible Deferred GBP 1.00 |
Non Convertible Deferred |
2,215 |
1.00 |
2,215.00 |
66.82 |
|
|
04772918 |
15 Ordinary GBP 1.00 |
Ordinary |
15 |
1.00 |
15.00 |
0.45 |
|
|
|
|||||||
Annual Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.623776 |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
402.9 |
283.5 |
338.4 |
390.0 |
381.7 |
|
Turnover (Exports) |
541.2 |
323.8 |
281.4 |
468.3 |
432.7 |
|
Total Turnover |
944.1 |
607.3 |
619.8 |
858.4 |
814.4 |
|
Cost of Sales |
781.5 |
473.8 |
484.2 |
786.7 |
635.8 |
|
Gross Profit |
162.6 |
133.6 |
135.6 |
71.7 |
178.6 |
|
Depreciation |
43.8 |
4.3 |
39.8 |
60.7 |
59.2 |
|
Other Expenses |
141.2 |
124.2 |
109.4 |
159.3 |
190.9 |
|
Other Income |
5.6 |
4.8 |
10.0 |
26.0 |
6.4 |
|
Interest Paid |
17.5 |
19.3 |
18.6 |
63.4 |
47.6 |
|
Exceptional Income |
1.3 |
0.0 |
82.3 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
- |
0.0 |
0.0 |
|
Profit Before Taxes |
10.7 |
-5.1 |
99.9 |
-125.0 |
-53.4 |
|
Tax Payable / Credit |
-9.1 |
1.7 |
36.5 |
-54.3 |
-5.4 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
19.9 |
-6.8 |
63.4 |
-70.8 |
-48.0 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.2 |
0.2 |
0.1 |
0.1 |
0.1 |
|
Non Audit Fees |
- |
0.0 |
0.0 |
0.0 |
0.1 |
|
Number of Employees |
936 |
913 |
938 |
993 |
1,027 |
|
Wages |
- |
58.2 |
59.2 |
72.8 |
92.0 |
|
Social Security Costs |
- |
4.8 |
4.8 |
6.8 |
7.8 |
|
Pensions |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Pension Costs |
- |
11.9 |
10.4 |
13.9 |
18.2 |
|
Employees Remuneration |
81.1 |
74.9 |
74.5 |
93.5 |
118.0 |
|
Directors Emoluments |
- |
0.3 |
0.6 |
0.6 |
0.7 |
|
Other Costs |
- |
0.3 |
0.5 |
0.5 |
0.5 |
|
Directors Remuneration |
0.9 |
0.6 |
1.1 |
1.1 |
1.2 |
|
Highest Paid Director |
0.3 |
0.3 |
0.4 |
0.4 |
0.6 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.643459 |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
20.4 |
36.2 |
21.8 |
28.3 |
51.2 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Plant & Vehicles |
395.1 |
384.1 |
449.3 |
431.2 |
670.2 |
|
Total Tangible Fixed Assets |
415.4 |
420.2 |
471.1 |
459.5 |
721.4 |
|
Intangible Assets |
174.2 |
0.0 |
0.2 |
0.6 |
2.0 |
|
Investments |
8.9 |
8.9 |
1.1 |
0.0 |
0.0 |
|
Total Fixed Assets |
598.5 |
429.1 |
472.3 |
460.1 |
723.4 |
|
Stocks |
124.3 |
72.5 |
31.5 |
44.3 |
48.2 |
|
Work in Progress |
0.8 |
0.8 |
1.3 |
1.6 |
2.6 |
|
Total Stocks Work In Progress |
125.1 |
73.3 |
32.8 |
45.9 |
50.8 |
|
Trade Debtors |
38.9 |
29.7 |
5.7 |
10.8 |
9.2 |
|
Inter-Company Debtors |
103.0 |
41.3 |
229.1 |
181.9 |
150.1 |
|
Other Debtors |
60.5 |
16.6 |
13.4 |
13.9 |
15.9 |
|
Total Debtors |
202.3 |
87.7 |
248.2 |
206.6 |
175.2 |
|
Cash and Equivalents |
2.6 |
0.0 |
2.3 |
4.5 |
7.2 |
|
Other Current Assets |
0.0 |
2.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
330.1 |
163.0 |
283.2 |
256.9 |
233.1 |
|
Total Assets |
928.6 |
592.1 |
755.6 |
717.0 |
956.5 |
|
Trade Creditors |
32.8 |
28.7 |
45.9 |
65.8 |
72.7 |
|
Inter-Company Creditors |
336.9 |
97.7 |
125.2 |
82.4 |
46.6 |
|
Accruals/Deferred Income (Current Liability) |
66.0 |
32.3 |
33.3 |
29.5 |
66.1 |
|
Social Security/VAT |
2.5 |
2.5 |
2.9 |
2.3 |
3.4 |
|
Other Current Liabilities |
5.1 |
1.4 |
2.9 |
7.2 |
13.9 |
|
Total Current Liabilities |
443.4 |
162.5 |
210.1 |
187.2 |
202.6 |
|
Group Loans (Long Term Liability) |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
- |
0.6 |
105.1 |
526.6 |
674.8 |
|
Accruals/Deferred Income (Long Term Liability) |
33.9 |
36.9 |
41.0 |
33.8 |
50.6 |
|
Other Long Term Liabilities |
0.6 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
34.5 |
37.6 |
146.1 |
560.4 |
725.4 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
288.6 |
209.3 |
206.9 |
163.5 |
146.1 |
|
Total Provisions |
288.6 |
209.3 |
206.9 |
163.5 |
146.1 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
483.0 |
486.6 |
501.9 |
126.1 |
174.6 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
-320.9 |
-303.9 |
-309.4 |
-320.2 |
-292.2 |
|
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 |
162.1 |
182.7 |
192.5 |
-194.1 |
-117.6 |
|
Net Worth |
-12.1 |
182.7 |
192.3 |
-194.7 |
-119.6 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.623776 |
0.647573 |
0.641508 |
0.545576 |
0.499878 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
Annual Ratios
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.643459 |
0.638712 |
0.619253 |
0.695531 |
0.502361 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
0.74 |
1.00 |
1.35 |
1.37 |
1.15 |
|
Liquidity Ratio |
0.46 |
0.55 |
1.19 |
1.13 |
0.90 |
|
Stock Turnover |
732.00 |
840.00 |
1,959.00 |
1,468.00 |
1,596.00 |
|
Credit Period (Days) |
1,549.00 |
1,763.00 |
321.00 |
585.00 |
412.00 |
|
Working Capital by Sales |
-1,238.00% |
8.00% |
1,139.00% |
1,036.00% |
376.00% |
|
Trade Credit by Debtors |
84.00 |
96.00 |
811.00 |
611.00 |
793.00 |
|
Return on Capital |
215.00% |
-120.00% |
1,898.00% |
-1,851.00% |
-705.00% |
|
Return on Assets |
112.00% |
-87.00% |
1,370.00% |
-1,368.00% |
-556.00% |
|
Profit Margin |
114.00% |
-84.00% |
1,612.00% |
-1,456.00% |
-656.00% |
|
Return on Shareholders Funds |
642.00% |
-283.00% |
5,378.00% |
- |
- |
|
Borrowing Ratio |
-277,949.00% |
5,381.00% |
11,973.00% |
-31,285.00% |
-60,300.00% |
|
Equity Gearing |
1,746.00% |
3,086.00% |
2,548.00% |
-2,707.00% |
-1,230.00% |
|
Debt Gearing |
- |
0.34% |
54.66% |
-270.53% |
-564.06% |
|
Interest Coverage |
61.00 |
-26.00 |
539.00 |
-197.00 |
-112.00 |
|
Sales by Tangible Assets |
220.00 |
147.00 |
136.00 |
147.00 |
112.00 |
|
Average Remuneration per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Profit per Employee |
0.0 |
0.0 |
0.1 |
-0.1 |
-0.1 |
|
Sales per Employee |
1.0 |
0.7 |
0.7 |
0.7 |
0.8 |
|
Capital Employed per Employee |
0.5 |
0.5 |
0.6 |
0.5 |
0.7 |
|
Tangible Assets per Employee |
0.4 |
0.5 |
0.5 |
0.5 |
0.7 |
|
Total Assets per Employee |
1.0 |
0.6 |
0.8 |
0.7 |
0.9 |
|
Employee Remuneration by Sales |
859.00% |
1,233.00% |
1,202.00% |
1,089.00% |
1,449.00% |
|
Creditor Days (Cost of Sales Based) |
1,580.00 |
2,177.00 |
3,337.00 |
3,895.00 |
4,192.00 |
|
Creditor Days (Sales Based) |
1,308.00 |
1,698.00 |
2,607.00 |
3,570.00 |
3,273.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
UK Pound |
1 |
Rs.97.77 |
|
Euro |
1 |
Rs.82.78 |
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.