MIRA INFORM REPORT

 

 

Report Date :

21.10.2013

 

IDENTIFICATION DETAILS

 

Name :

GREIF UK LTD

 

 

Registered Office :

Cyclops Works Victoria Crescent Burton-On-Trent, DE14 2QE

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.10.2012

 

 

Date of Incorporation :

30.06.2008

 

 

Com. Reg. No.:

06633687

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of a comprehensive range of steel drums, steel pails, plastic drums, plastic water bottles and specialty drums.

 

 

No. of Employees :

170

 

RATING & COMMENTS

 

MIRAs 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 :

No complaints

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

GREIF UK LTD

 

 

 

Cyclops Works

Victoria Crescent

 

Burton-On-Trent, DE14 2QE

United Kingdom

(Trading Address)

 

 

Tel:

0151 373 2045

Fax:

0151 373 2072

 

Employees:

170

Company Type:

Private Subsidiary

Corporate Family:

173 Companies

Ultimate Parent:

Greif, Inc.

 

 

Quoted Status:

Non-quoted Company

Incorporation Date:

30-Jun-2008

Auditor:

Ernst & Young LLP

 

 

Fiscal Year End:

31-Oct-2012

Reporting Currency:

British Pound Sterling

Annual Sales:

79.7  1

Net Income:

6.3

Total Assets:

112.2

 

 

Business Description  

 

 

Manufacture of a comprehensive range of steel drums, steel pails, plastic drums, plastic water bottles and specialty drums.

 

Industry

 

 

Industry

Metal Products Manufacturing

ANZSIC 2006:

2239 - Other Metal Container Manufacturing

ISIC Rev 4:

2599 - Manufacture of other fabricated metal products n.e.c.

NACE Rev 2:

2591 - Manufacture of steel drums and similar containers

NAICS 2012:

332439 - Other Metal Container Manufacturing

UK SIC 2007:

2591 - Manufacture of steel drums and similar containers

US SIC 1987:

3412 - Metal Shipping Barrels, Drums, Kegs, and Pails

 

 Key Executives

 

 

Name

Title

Graham Duerden

Managing Director

Sarah Brace

Marketing Executive

David Malcom Tillotson

Secretary

Paul Titjen

IT Manager

John Leay

Payroll/Wages Officer

 News

 

 

Title

Date

Notices under the Trustee Act 1925 NOTICE UNDER THE TRUSTEE ACT 1925 THE GREIF UK STAFF PENSION SCHEME (THE SCHEME) - FORMERLY THE VAN LEER (U.K.) STAFF PENSION SCHEME
London Gazette (233 Words)

30-May-2013

 

Key IDSM Number: 102140300

 

Registered No.(UK): 06633687

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6334069


2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6219099

 

 

Corporate Overview

 

Location
Cyclops Works
Victoria Crescent

Burton-On-Trent, DE14 2QE

Staffordshire County
United Kingdom

 

Tel:

0151 373 2045

Fax:

0151 373 2072

 

www.greif.co.uk

Sales GBP(mil):

50.5

Assets GBP(mil):

69.8

Employees:

170

Fiscal Year End:

31-Oct-2012

 

Industry:

Containers and Packaging

Registered Address:
Merseyside Works Oil Sites Roa
Ellesmere Port, CH65 4EZ
United Kingdom

 

Incorporation Date:

30-Jun-2008

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Previous Name:

Continental Shelf 450 Ltd.

Registered No.(UK):

06633687

 

Managing Director:

Graham Duerden

 

Industry Codes

 

ANZSIC 2006 Codes:

2239

-

Other Metal Container Manufacturing

 

ISIC Rev 4 Codes:

2599

-

Manufacture of other fabricated metal products n.e.c.

 

NACE Rev 2 Codes:

2591

-

Manufacture of steel drums and similar containers

 

NAICS 2012 Codes:

332439

-

Other Metal Container Manufacturing

 

US SIC 1987:

3412

-

Metal Shipping Barrels, Drums, Kegs, and Pails

 

UK SIC 2007:

2591

-

Manufacture of steel drums and similar containers

 

Business Description

Manufacture and sale of industrial packaging and accessories thereto.

 

More Business Descriptions

Manufacture of a comprehensive range of steel drums, steel pails, plastic drums, plastic water bottles and specialty drums.

 

Steel Drum Product Mfr

 

Drums and Barrel Manufacturers and Suppliers

 

 

 

 

 

 

Financial Data

Financials in:

GBP(mil)

 

Revenue:

50.5

Net Income:

4.0

Assets:

69.8

Current Assets:

14.5

 

Fixed Assets:

55.2

 

Long Term Debt:

0.0

 

Total Liabilities:

9.3

 

Issued Capital:

70.4

 

Working Capital:

5.2

 

Net Worth:

15.1

 

 

 

Date of Financial Data:

31-Oct-2012

 

1 Year Growth

NA

NA

NA

 

Subsidiaries

Company

Percentage Owned

Country

Metal Containers Limited

100%

UK

 

 

 

 

Key Corporate Relationships

Auditor:

Ernst & Young LLP

Bank:

Ing Bank Nv

 

Auditor:

Ernst & Young LLP, Ernst & Young LLP

 

Auditor History

Ernst & Young LLP

31-Oct-2012

 

 

 

GBP(mil)

Audit Fees:

0.1

Non Audit Fees:

0.0

Audit Fiscal Year:

10-31-2012

 

 

 

 

 

 

 

Corporate Structure News

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Greif, Inc.

Parent

Delaware, OH

United States

Metal Products Manufacturing

4,269.5

13,560

Storsack International GmbH

Subsidiary

Viernheim

Germany

Paper Product Manufacturing

 

3,000

Chongqing Storsack Jianfeng

Subsidiary

Chongqing, Fuling District

China

Non-Metallic Mineral Product Manufacturing

 

250

Storsack Vietnam Ltd.

Subsidiary

Bien Hoa

Viet Nam

Non-Metallic Mineral Product Manufacturing

 

170

Storsack Belgium N.V.

Subsidiary

Izegem

Belgium

Non-Metallic Mineral Product Manufacturing

 

50

Oy Alfa-Bag AB

Subsidiary

Kokkola

Finland

Non-Metallic Mineral Product Manufacturing

10.3

45

Greif Flexible Products & Services

Subsidiary

Travasso, Agueda

Portugal

Paper Product Manufacturing

 

40

Storsack France S.A.S.

Subsidiary

Montceau-les-Mines

France

Non-Metallic Mineral Product Manufacturing

 

30

Storsack Inc.

Subsidiary

Houston, TX

United States

Miscellaneous Wholesale

4.9

20

Storsack PVT Ltd.

Subsidiary

Karachi

Pakistan

Non-Metallic Mineral Product Manufacturing

 

15

Storsack India PVT Ltd.

Subsidiary

Mumbai

India

Non-Metallic Mineral Product Manufacturing

 

10

Storsack UK Ltd.

Subsidiary

Thirsk

United Kingdom

Miscellaneous Manufacturing

0.0

2

Mulox de Mexico C. V.

Subsidiary

Matehuala

Mexico

Non-Metallic Mineral Product Manufacturing

 

 

Storsack Polska Sp. z.o.o.

Subsidiary

Strzelin

Poland

Non-Metallic Mineral Product Manufacturing

 

 

Storsack Romania-NE S.R.L.

Subsidiary

Chisinau, Botosani

Moldova, Republic of

Textile Manufacturing

 

 

Storsack Ukraine

Subsidiary

Zhytomyr

Ukraine

Non-Metallic Mineral Product Manufacturing

 

 

Storsack Shenzen Co., Ltd.

Subsidiary

Shenzhen

China

Non-Metallic Mineral Product Manufacturing

 

 

Pacific Containerbag Co. Ltd.

Subsidiary

Bangkok, Bangpongpang

Thailand

Non-Metallic Mineral Product Manufacturing

 

 

SC Storsack Romania

Subsidiary

Bucharest

Romania

Non-Metallic Mineral Product Manufacturing

 

 

Unsa Ambalaj Sanayi Ve Ticaret Anonim Sirketi

Subsidiary

Istanbul

Turkey

Metal Products Manufacturing

13.4

490

Greif Embalagens Industriais do Brasil Ltda.

Subsidiary

São Paulo, SP

Brazil

Metal Products Manufacturing

 

400

Greif Embalagens Industriais Do Brasil ( Ba )

Branch

Simoes Filho, Bahia (Ba)

Brazil

Metal Products Manufacturing

 

470

Greif Embalagens Industriais Do Brasil ( Rj )

Branch

Rio De Janeiro, Rio de Janeiro

Brazil

Metal Products Manufacturing

 

400

Greif Embalagens Industriais Do Brasil ( Rs )

Branch

Esteio, Rio Grande do Sul

Brazil

Metal Products Manufacturing

 

300

Greif Riverville Mill

Subsidiary

Amherst, VA

United States

Paper Product Manufacturing

 

305

Greif Inc

Branch

Gladstone, VA

United States

Metal Products Manufacturing

76.5

300

Cimplast Embalagens Importacao, Exportacao E. Comercio S.A.

Subsidiary

Osasco

Brazil

Miscellaneous Professional Services

 

300

Greif France SAS

Subsidiary

Le Grand Quevilly

France

Rubber and Plastic Product Manufacturing

140.9

283

Greif Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Rubber and Plastic Product Manufacturing

37.5

280

CorrChoice, Inc.

Subsidiary

Massillon, OH

United States

Paper Product Manufacturing

 

260

Southeastern Packaging Co.

Division

Concord, NC

United States

Paper Product Manufacturing

53.1

130

Michigan Packaging Co.

Subsidiary

Mason, MI

United States

Paper Product Manufacturing

 

100

Micro Choice

Branch

Mason, MI

United States

Printing

21.1

110

Michigan Packaging Dstrbtn

Branch

Livonia, MI

United States

Paper Wholesale

14.2

6

Ohio Packaging

Branch

Massillon, OH

United States

Paper Product Manufacturing

33.5

80

Ohio Packaging Co.

Subsidiary

Massillon, OH

United States

Paper Product Manufacturing

 

80

Multicorr Corp

Branch

Louisville, KY

United States

Paper Product Manufacturing

20.7

40

Combined Containerboard Inc

Branch

Cincinnati, OH

United States

Paper Product Manufacturing

16.7

40

Greif Germany GmbH

Subsidiary

Köln, Nordrhein-Westfalen

Germany

Metal Products Manufacturing

125.0

220

Greif Singapore Pte Ltd

Subsidiary

Singapore

Singapore

Metal Products Manufacturing

101.5

200

Greif France Holdings SAS

Subsidiary

Le Grand-Quevilly

France

Investment Services

 

200

Greif France

Subsidiary

Le Grand Quevilly

France

Metal Products Manufacturing

118.5

374

Greif UK Ltd

Subsidiary

Burton-On-Trent

United Kingdom

Metal Products Manufacturing

79.7

170

Metal Containers Ltd

Subsidiary

Ellesmere Port

United Kingdom

Miscellaneous Professional Services

0.0

220

Greif Belgium

Subsidiary

Lier

Belgium

Metal Products Manufacturing

88.3

164

Pack2Pack Rumbeke

Subsidiary

Rumbeke

Belgium

Miscellaneous Wholesale

32.1

155

Greif Packaging Belgium

Subsidiary

Wondelgem

Belgium

Metal Products Manufacturing

0.0

 

Pack2Pack Group

Subsidiary

Rumbeke

Belgium

Metal Products Manufacturing

0.0

150

pack2pack Lille S.A.S.

Subsidiary

Haisnes

France

Rubber and Plastic Product Manufacturing

 

42

Greif Nederland BV

Subsidiary

Vreeland

Netherlands

Paper Product Manufacturing

 

150

Greif Nederland B.V.

Branch

Amsterdam, Noord-Holland

Netherlands

Rubber and Plastic Product Manufacturing

 

169

Tri-Sure Closures Netherlands

Unit

Amsterdam

Netherlands

Rubber and Plastic Product Manufacturing

 

130

Greif Flexibles Romania SRL

Subsidiary

Botosani, Botosani

Romania

Rubber and Plastic Product Manufacturing

 

150

Greif Packaging Sweden AB

Subsidiary

Falkenberg

Sweden

Metal Products Manufacturing

41.5

135

Pachmas Packaging Ltd

Subsidiary

Ein HaHoresh

Israel

Rubber and Plastic Product Manufacturing

 

135

Box Board Products, Inc.

Subsidiary

Greensboro, NC

United States

Metal Products Manufacturing

51.1

130

Greif Malaysia Sdn Bhd

Subsidiary

Petaling Jaya

Malaysia

Metal Products Manufacturing

44.6

130

pack2pack Halsteren BV

Subsidiary

Halsteren

Netherlands

Metal Products Manufacturing

35.3

105

Greif Containers, Inc.

Subsidiary

Alsip, IL

United States

Metal Products Manufacturing

165.0

100

Greif Inc

Branch

Van Wert, OH

United States

Metal Products Manufacturing

29.8

100

pack2pack Mendig GmbH

Subsidiary

Mendig, Rheinland-Pfalz

Germany

Industrial Machinery Repair and Maintenance

29.6

100

Greif Inc

Branch

Rosemount, MN

United States

Metal Products Manufacturing

24.2

100

Greif Venezuela C.A.

Subsidiary

Valencia, Carabobo

Venezuela

Metal Products Manufacturing

 

100

Greif Zimbabwe Private Ltd.

Subsidiary

Harare

Zimbabwe

Rubber and Plastic Product Manufacturing

 

100

Southline Metal Products Company

Subsidiary

Houston, TX

United States

Metal Products Manufacturing

1.6

99

Greif Packaging Spain Sa

Subsidiary

Martorell, Barcelona

Spain

Metal Products Manufacturing

43.2

98

Greif Colombia S.A.

Subsidiary

Bogota

Colombia

Rubber and Plastic Product Manufacturing

130.0

96

Greif Flexibles UK Ltd.

Subsidiary

Thirsk

United Kingdom

Miscellaneous Manufacturing

43.3

95

Greif - Massillon

Unit

Massillon, OH

United States

Paper Product Manufacturing

31.3

95

Greif Inc

Branch

Florence, KY

United States

Metal Products Manufacturing

33.2

90

Greif Hua I Taiwan Co., Ltd.

Subsidiary

P'ingtung, Pingtung

Taiwan

Metal Products Manufacturing

 

80

Greif Inc

Branch

Warminster, PA

United States

Metal Products Manufacturing

20.7

75

Greif Venezuela C.A.

Subsidiary

Valencia, Carabobo

Venezuela

Rubber and Plastic Product Manufacturing

 

74

Greif South Africa (Pty) Ltd.

Subsidiary

Vanderbijlpark

South Africa

Metal Products Manufacturing

 

72

Greif Inc

Branch

Naperville, IL

United States

Metal Products Manufacturing

20.8

70

Greif Mexico, S.A. de C.V.

Subsidiary

Jiutepec, Morelos

Mexico

Metal Products Manufacturing

 

70

Greif Inc

Branch

Charlotte, NC

United States

Metal Products Manufacturing

19.6

63

Greif Inc

Branch

Omaha, NE

United States

Metal Products Manufacturing

19.5

63

Greif, Inc.

Branch

Tonawanda, NY

United States

Metal Products Manufacturing

1.0

62

Vulsay Industries, Ltd.

Subsidiary

Brampton, ON

Canada

Miscellaneous Professional Services

11.0

60

Greif Czech Republic a.s.

Subsidiary

Ústí nad Labem

Czech Republic

Metal Products Manufacturing

16.8

59

Greif Inc

Branch

Winfield, KS

United States

Metal Products Manufacturing

18.2

55

Greif Inc

Branch

Fenton, MO

United States

Metal Products Manufacturing

15.8

55

Greif Inc

Branch

Metairie, LA

United States

Metal Products Manufacturing

53.0

50

Greif Inc

Branch

Houston, TX

United States

Metal Products Manufacturing

25.4

50

Greif Inc

Branch

Arkansas City, KS

United States

Metal Products Manufacturing

16.5

50

Greif Inc

Branch

Mobile, AL

United States

Metal Products Manufacturing

15.9

50

Greif Inc

Branch

Mobile, AL

United States

Metal Products Manufacturing

15.9

50

Greif Inc

Branch

Delaware, OH

United States

Metal Products Manufacturing

14.9

50

Greif Inc

Branch

Lockport, IL

United States

Metal Products Manufacturing

14.9

50

Greif Inc

Branch

Windsor Locks, CT

United States

Metal Products Manufacturing

14.4

50

Greif Inc

Branch

Wright City, MO

United States

Metal Products Manufacturing

14.4

50

Greif Inc

Branch

Hazle Twp, PA

United States

Metal Products Manufacturing

13.8

50

Greif Inc

Branch

Morgan Hill, CA

United States

Metal Products Manufacturing

13.0

50

Greif Inc

Branch

Sheboygan, WI

United States

Metal Products Manufacturing

12.8

50

Greif Inc

Branch

Merced, CA

United States

Metal Products Manufacturing

30.0

49

Greif Norway AS

Subsidiary

Fredrikstad, Ostfold

Norway

Metal Products Manufacturing

26.6

49

Greif Inc

Branch

Houston, TX

United States

Metal Products Manufacturing

24.4

48

Greif Inc

Branch

Hightstown, NJ

United States

Metal Products Manufacturing

12.9

45

Greif Inc

Branch

La Palma, CA

United States

Metal Products Manufacturing

11.7

45

Greif Inc

Branch

Haltom City, TX

United States

Metal Products Manufacturing

20.3

40

Greif Inc

Branch

West Hazleton, PA

United States

Metal Products Manufacturing

11.0

40

Greif Inc

Branch

Lavonia, GA

United States

Metal Products Manufacturing

10.7

40

American Flange & Manufacturing Co., Inc.

Subsidiary

Carol Stream, IL

United States

Rubber and Plastic Product Manufacturing

 

40

pack2pack Zwolle B.V.

Subsidiary

Zwolle, Overijssel

Netherlands

Rubber and Plastic Product Manufacturing

 

40

Greif Corrugated Products

Unit

Huntington, WV

United States

Paper Product Manufacturing

 

36

Greif Inc

Branch

Huntington, WV

United States

Metal Products Manufacturing

11.2

35

Van Leer Argentina S.A.

Subsidiary

San Juan

Argentina

Rubber and Plastic Product Manufacturing

 

35

Greif Portugal Ltda.

Subsidiary

Povoa de Santa Iria

Portugal

Non-Metallic Mineral Product Manufacturing

44.6

30

Greif Inc

Branch

Fontana, CA

United States

Metal Products Manufacturing

7.8

30

Greif Denmark A/S

Subsidiary

Hedehusene

Denmark

Paper Product Manufacturing

0.0

30

Greif Packaging Denmark A/S

Subsidiary

Hedehusene, 1

Denmark

Metal Products Manufacturing

0.0

50

Greif - Chile

Subsidiary

Santiago

Chile

Non-Metallic Mineral Product Manufacturing

 

30

Greif Hellas

Subsidiary

Mandra-Attikis

Greece

Metal Products Manufacturing

 

30

Greif Flexibles Benelux B.V.

Subsidiary

Moerdijk, North Brabant

Netherlands

Rubber and Plastic Product Manufacturing

19.4

25

Ennis Containers Inc

Subsidiary

Auburndale, FL

United States

Metal Products Manufacturing

5.6

25

Greif Brothers Canada, Inc.

Subsidiary

La Salle, QC

Canada

Paper Product Manufacturing

3.5

25

Greif Corrugated Products

Unit

Washington, PA

United States

Textile Manufacturing

 

25

Greif Services Belgium

Subsidiary

Brecht

Belgium

Rubber and Plastic Product Manufacturing

3.6

24

Greif Inc

Branch

Bradley, IL

United States

Metal Products Manufacturing

6.8

23

Soterra LLC

Subsidiary

Flowood, MS

United States

Crop and Animal Production

 

22

Soterra

Branch

Pine Grove, LA

United States

Legal Services

0.9

8

Soterra

Branch

Hanceville, AL

United States

Legal Services

0.7

6

Soterra

Branch

Ragland, AL

United States

Legal Services

0.7

6

Soterra

Branch

Grove Hill, AL

United States

Legal Services

0.5

4

Soterra

Branch

Roland, AR

United States

Legal Services

0.2

2

Greif Inc

Branch

Macon, GA

United States

Metal Products Manufacturing

5.6

21

Greif Inc

Branch

Lithonia, GA

United States

Metal Products Manufacturing

5.6

21

Greif Inc

Branch

Oreana, IL

United States

Metal Products Manufacturing

5.9

20

Greif Flexibles USA Inc.

Subsidiary

Houston, TX

United States

Paper Product Manufacturing

 

20

Greif Costa Rica S.A.

Subsidiary

San Jose

Costa Rica

Metal Products Manufacturing

 

16

Greif - Waco

Unit

Macon, GA

United States

Metal Products Manufacturing

 

14

Greif Poland Sp. z.o.o.

Subsidiary

Rybnik

Poland

Rubber and Plastic Product Manufacturing

 

8

Greif Inc

Branch

Midland, MI

United States

Metal Products Manufacturing

2.2

7

Greif Uruguay S.A.

Subsidiary

Las Piedras, Canelones

Uruguay

Metal Products Manufacturing

 

7

Greif Packaging LLC

Subsidiary

Delaware, OH

United States

Metal Products Manufacturing

14.4

6

Greif Packaging LLC

Subsidiary

Delaware, OH

United States

Paper Wholesale

 

6

Greif Packaging LLC

Branch

Harahan, LA

United States

Paper Wholesale

12.5

5

Greif Inc

Branch

Naperville, IL

United States

Metal Products Manufacturing

1.5

5

Greif Flexibles USA

Branch

Virginia Beach, VA

United States

Advertising Services

1.4

5

Greif Inc

Branch

Ontario, CA

United States

Metal Products Manufacturing

1.0

4

Greif Inc

Branch

Gladstone, VA

United States

Metal Products Manufacturing

0.8

3

Greif Inc

Branch

Quincy, IL

United States

Metal Products Manufacturing

0.6

2

Greif Inc

Branch

Becker, MN

United States

Metal Products Manufacturing

0.2

1

Greif Jamaica Ltd.

Subsidiary

Kingston

Jamaica

Metal Products Manufacturing

 

 

Van Leer Containers (Nigeria) Plc

Subsidiary

Apapa

Nigeria

Rubber and Plastic Product Manufacturing

 

 

ZAO Van Leer Upakovka

Subsidiary

Beloyarsk

Russian Federation

Metal Products Manufacturing

 

 

Greif Australia Pty. Ltd.

Subsidiary

Seven Hills, NSW

Australia

Rubber and Plastic Product Manufacturing

 

 

Delta Companies Group

Subsidiary

Deer Park, TX

United States

Consulting Services

 

 

Greif Hungary Kft

Subsidiary

Almasfuzito, Komarom-Esztergom

Hungary

Metal Products Manufacturing

 

 

Greif Mimaysan Ambalaj Sanayi AS

Subsidiary

Gebze, Kocaeli

Turkey

Metal Products Manufacturing

 

 

Greif Packaging France Investments SAS

Subsidiary

Le Grand-Quevilly

France

Investment Services

 

 

Greif International Holding Supra II C.V.

Subsidiary

Amsterdam

Netherlands

Holding Companies

 

 

Pack2Pack Lille

Subsidiary

Billy Berclau

France

Miscellaneous Wholesale

12.4

34

Greif Germany Holding GmbH

Subsidiary

Köln, Nordrhein-Westfalen

Germany

Holding Companies

 

2

Pack2Pack Deutschland GmbH

Subsidiary

Mendig, Rheinland-Pfalz

Germany

Holding Companies

 

4

Greif International Holding B.V.

Subsidiary

Vreeland, Utrecht

Netherlands

Metal Products Manufacturing

 

 

Greif Beheer B.V.

Subsidiary

Vreeland, Utrecht

Netherlands

Metal Products Manufacturing

 

759

Graif Kazan Ooo

Subsidiary

Kazan

Russian Federation

Metal Products Manufacturing

11.1

272

Greif Singapore Pte. Ltd.

Subsidiary

Singapore

Singapore

Metal Products Manufacturing

83.2

262

Fustiplast SRL

Subsidiary

Bottanuco, Bergamo

Italy

Rubber and Plastic Product Manufacturing

100.2

217

Fustiplast GmbH

Subsidiary

Kleinblittersdorf, Saarland

Germany

Rubber and Plastic Product Manufacturing

 

110

Blagden Packaging Singapore Pte. Ltd.

Subsidiary

Singapore

Singapore

Metal Products Manufacturing

 

140

Greif Italia SpA

Subsidiary

Melzo

Italy

Metal Products Manufacturing

68.8

94

Graif Omsk Ooo

Subsidiary

Omsk

Russian Federation

Rubber and Plastic Product Manufacturing

1.3

46

Kunststofftechnik Hartmut Mühlhoff GmbH & Co. KG

Subsidiary

Köln, Nordrhein-Westfalen

Germany

Rubber and Plastic Product Manufacturing

9.4

30

Greif Eastern Packaging Pte. Ltd.

Subsidiary

Singapore

Singapore

Metal Products Manufacturing

23.7

 

Greif Flexibles France SARL

Subsidiary

Montceau-les-Mines

France

Paper Wholesale

 

 

Earth Minded LLC

Subsidiary

Arkadelphia, AR

United States

Miscellaneous Chemical Manufacturing

 

 

Container Life Cycle Management LLC

Subsidiary

Ludlow, KY

United States

Metal Products Manufacturing

 

 

Greif Flexibles Trading Holding B.V.

Subsidiary

Leiden, South Holland

Netherlands

Holding Companies

 

 

Greif Flexibles Germany GmbH& Co. KG

Subsidiary

Rheine, Nordrhein-Westfalen

Germany

Miscellaneous Professional Services

60.5

80

Greif Flexibles Ibéria, S.A.

Subsidiary

Travassô, gueda

Portugal

Clothing and Apparel Wholesale

9.5

28

 

 

Executives Report

 



Board of Directors

 

Name

Title

Function

Andrew Hall

 

Director

Director/Board Member

 

Executives

 

Name

Title

Function

 

Graham Duerden

 

Managing Director

Managing Director

 

Age: 53

 

David Malcom Tillotson

 

Secretary

Company Secretary

 

John Leay

 

Payroll/Wages Officer

Benefits & Compensation Executive

 

Joanne Dale

 

HR Manager

Human Resources Executive

 

Jill Price

 

HR Manager

Human Resources Executive

 

Lorraine Willson

 

Sales & Business Development Manager

Sales Executive

 

Sarah Brace

 

Marketing Executive

Marketing Executive

 

Yvon Martin

 

Marketing Director

Marketing Executive

 

Paul Titjen

 

IT Manager

Information Executive

 

 

 

Directors and Shareholders Report

 

Individual Directors

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Andrew
Hall

Current

31 Jan 1971

Merseyside Works Oil Sites Road, Ellesmere Port,
Ellesmere Port, Merseyside CH65 4EZ

23 Jan 2012

NA

Current:2
Previous:0
Disqualifications:0

 

Graham
Duerden

Current

04 Dec 1959

Merseyside Works Oil Sites Road, Ellesmere Port,
Ellesmere Port, Merseyside CH65 4EZ

01 May 2009

NA

Current:3
Previous:1
Disqualifications:0

 

Yvon Sylvain
Martin

Previous

03 May 1964

6 Avondale Road, Hoylake,
Wirral, Merseyside CH47 3AS

23 Jan 2012

15 Feb 2013

Current:1
Previous:1
Disqualifications:0

 

Dirk
Heidmeyer

Previous

07 Feb 1960

Apartment 19 Wharton Court,
Chester
, Cheshire CH2 3DG

31 Oct 2008

23 Jan 2012

Current:0
Previous:1
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Md Directors Limited

Previous

Pacific House 70 Wellington Street,
Glasgow
, Glasgow City G2 6SB

30 Jun 2008

31 Oct 2008

 

 

 

 

Individual Secretaries

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

David Malcom
Tillotson

Current

NA

Heathfield House Hollowmoor Heath, Great Barrow,
Chester, Cheshire CH3 7LF

24 Jul 2012

NA

Current:1
Previous:0
Disqualifications:0

 

Graham
Duerden

Previous

04 Dec 1959

Merseyside Works Oil Sites Road, Ellesmere Port,
Ellesmere Port, Merseyside CH65 4EZ

31 Oct 2008

24 Jul 2012

Current:3
Previous:1
Disqualifications:0

 

 

Corporate Secretaries

Company Name

Status

Registered Address

Appointment Date

Resignation Date

Md Secretaries Limited

Previous

C/O Mcgrigors Llp 141 Bothwell Street,
Glasgow, Glasgow City G2 7EQ

30 Jun 2008

31 Oct 2008

 

 

 

 

Individual Shareholders

There are no individual shareholders for this company.

 

 

 

 

 

 

 

 

 

 

Corporate Shareholders

Company Name

Registration Number

Share Details
(As Reported)

Share Type

# of Shares

Share Price (GBP)

Share Value (GBP)

% of Total Shares

Greif UK Holding Ltd

06738357

70401000 Ordinary GBP 1.00

Ordinary

70,401,000

1.00

70,401,000.00

100.00

 


Annual Profit & Loss

 

 

 

31-Oct-2012

Period Length

52 Weeks

Filed Currency

GBP

Exchange Rate (Period Average)

0.633407

Consolidated

No

 

 

Turnover (UK)

77.2

Turnover (Exports)

2.6

Total Turnover

79.7

Total Expenses

75.4

Depreciation

2.2

Other Income

11.9

Interest Paid

9.9

Exceptional Income

0.0

Discontinued Operations

0.0

Profit Before Taxes

6.3

Tax Payable / Credit

0.0

Extraordinary Items/Debits

0.0

Dividends

0.0

Profit After Taxes

6.3

Minority Interests (Profit & Loss)

0.0

Audit Fees

0.2

Non Audit Fees

0.0

Number of Employees

170

Wages

9.1

Social Security Costs

0.9

Other Pension Costs

2.2

Employees Remuneration

12.1

Directors Remuneration

0.7

Highest Paid Director

0.4

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Oct-2012

Filed Currency

GBP

Exchange Rate

0.62191

Consolidated

No

 

 

Land & Buildings

3.1

Fixtures & Fittings

1.2

Plant & Vehicles

11.8

Total Tangible Fixed Assets

16.1

Intangible Assets

72.7

Investments

0.0

Total Fixed Assets

88.8

Stocks

1.9

Work in Progress

0.8

Total Stocks Work In Progress

2.6

Trade Debtors

1.1

Inter-Company Debtors

10.2

Other Debtors

2.4

Total Debtors

13.8

Cash and Equivalents

0.2

Other Current Assets

6.8

Total Current Assets

23.4

Total Assets

112.2

Trade Creditors

10.0

Bank Overdraft

0.1

Inter-Company Creditors

0.8

Accruals/Deferred Income (Current Liability)

1.7

Social Security/VAT

1.4

Other Current Liabilities

1.0

Total Current Liabilities

15.0

Group Loans (Long Term Liability)

0.0

Director Loans (Long Term Liability)

0.0

Hire Purchase (Long Term Liability)

0.0

Leasing (Long Term Liability)

0.0

Total Hire Purchase Loans (Long Term Liability)

0.0

Other Long Term Loans

0.0

Accruals/Deferred Income (Long Term Liability)

0.0

Other Long Term Liabilities

0.0

Total Long Term Liabilities

0.0

Deferred Taxation

0.0

Other Provisions

0.2

Total Provisions

0.2

Issued Capital

113.2

Share Premium Accounts

0.0

Revaluation Reserve

0.0

Retained Earnings

-16.2

Other Reserves

0.0

Minority Interests (Balance Sheet)

0.0

Total Shareholders Funds

97.0

Net Worth

24.3

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Oct-2012

Period Length

52 Weeks

Filed Currency

GBP

Exchange Rate

0.62191

Consolidated

No

 

 

Current Ratio

1.56

Liquidity Ratio

1.38

Stock Turnover

3,108.00

Credit Period (Days)

515.00

Working Capital by Sales

1,032.00%

Trade Credit by Debtors

870.00

Return on Capital

664.00%

Return on Assets

575.00%

Profit Margin

794.00%

Return on Shareholders Funds

665.00%

Borrowing Ratio

369.00%

Equity Gearing

8,644.00%

Interest Coverage

64.00

Sales by Tangible Assets

505.00

Average Remuneration per Employee

0.1

Profit per Employee

0.0

Sales per Employee

0.5

Capital Employed per Employee

0.6

Tangible Assets per Employee

0.1

Total Assets per Employee

0.7

Employee Remuneration by Sales

1,523.00%

Creditor Days (Cost of Sales Based)

4,483.00

Creditor Days (Sales Based)

4,483.00

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.28

UK Pound

1

Rs.99.03

Euro

1

Rs.83.80

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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 SCs 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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.