|
Report Date : |
01.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Formerly Known As : |
ONIX PROCESS ANALYSIS LIMITED |
|
|
|
|
Registered Office : |
3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
26.11.1996 |
|
|
|
|
Com. Reg. No.: |
03284171 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
50 |
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 : |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 third largest economy in Europe after Germany and
France. Over the past two decades, the government has greatly reduced public
ownership. 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, are key drivers of British GDP growth. Manufacturing, meanwhile, has
declined in importance but still accounts for about 10% of economic output.
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. Falling 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 included 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 about 11% of GDP in 2010 to nearly 1% by
2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced
additional austerity measures through 2017 largely due to 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 £375 billion
(approximately $605 billion) as of December 2013. 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, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the
second half of the year because of greater consumer spending and a recovering
housing market. The budget deficit is falling but remains high at nearly 7% and
public debt has continued to increase.
|
Source
: CIA |
THERMO ONIX LIMITED
3RD FLOOR, 1 ASHLEY ROAD
ALTRINCHAM
CHESHIRE
WA14 2DT
United Kingdom
Telephone 01606
548 700
Fax 01606
548 711
Website
Company Number: 03284171
Foundation: 26/11/1996
Status: Active
- Accounts Filed
VAT No: N/A
No exact match CCJs
are recorded against the company. Sales in the latest trading period increased
2.8% on the
previous trading
period. Net Worth increased by 18.2% during the latest trading period. A 9.5%
growth in Total Assets occurred during the latest trading period. Pre-tax
profits increased by 25.6% compared to the previous trading period. The company
saw an increase in their Cash Balance of 31.9% during the latest trading
period. The audit report contains no adverse comments. No recent changes in
directorship are recorded. The company is part of a group. The company has
changed its registered address recently. The company was established over 17
years ago.
Legal form
Private limited with Share Capital
Foundation
26/11/1996
Company No.
03284171
Previous Names
Date of Change Previous
Name
21/11/2000 ONIX
PROCESS ANALYSIS LIMITED
06/04/1999 V
G GAS ANALYSIS LIMITED
06/02/1997 GRADEWORK
LIMITED
Shareholders
Name Currency
Number of shares Share type Nominal value
ONIX HOLDINGS LTD GBP 1 ORDINARY 1
Total Share Capital GBP 1
Management
Directors
|
Name |
Address: |
Date of birth |
Nationality |
Appointment date |
|
Mr Kevin Neil Wheeler |
3rd Floor, 1 Ashley Road, Altrincham, Cheshire WA14 2DT |
24/12/1958 |
British |
|
|
Ms Katie Rose Wright |
3rd Floor, 1 Ashley Road, Altrincham, Cheshire WA14 2DT |
25/07/1982 |
British |
|
|
Ms Lucie Mary Katja Grant |
3rd Floor, 1 Ashley Road, Altrincham, Cheshire WA14 2DT |
30/07/1976 |
British |
|
Company Secretary
|
Name |
Address: |
Appointment date |
|
Ms Nicola Jane
Ward |
Solaar House 19 Mercers Row, Cambridge CB5 8BY |
|
|
OAKWOOD
CORPORATE SECRETARY LIMITED |
3rd Floor 1 Ashley Road, Altrincham, Cheshire WA14 2DT |
01/11/2009 |
Other Known Addresses
3rd Floor 1, Ashley Road, Altrincham, Cheshire WA14 2DT
Factory One, Ion Path, Road Three, Winsford Industrial Estate, Winsford,
Cheshire CW7 3GA
|
Company No. |
Name |
Status |
Country |
||
|
Ultimate parent |
|||||
|
US33359467 |
THERMO FISHER FINANCIAL SERVICES
INC |
Active |
USA |
||
|
Affiliated companies |
|||||
|
06368022 |
B.R.A.H.M.S. UK LTD |
Active |
United Kingdom |
||
|
US11701160 |
COLE-PALMER INSTRUMENT CO |
Active |
USA |
||
|
03214518 |
COLE-PARMER INSTRUMENT COMPANY |
Active |
United Kingdom |
||
|
|
LIMITED |
|
|||
|
02603145 |
COMTEST LIMITED |
Non Trading |
United Kingdom |
||
|
US22981479 |
DIONEXCORP |
Active |
USA |
||
|
IE432207 |
DIONEX IRELAND LIMITED |
Non Trading |
Ireland |
||
|
01478505 |
DIONEX (UK) LIMITED |
Active |
United Kingdom |
||
|
06723590 |
ERIE UK 1 LIMITED |
Active |
United Kingdom |
||
|
04170101 |
ERIE U.K. LIMITED |
Active |
United Kingdom |
||
|
02456077 |
ADVANCED BIOTECHNOLOGIES LIMITED |
Active |
United Kingdom |
||
|
05556241 |
ABGENE LIMITED |
Active |
United Kingdom |
||
|
02849520 |
APOGENT UK LIMITED |
Active |
United Kingdom |
||
|
01936982 |
NALGE (EUROPE) LIMITED |
Non Trading |
United Kingdom |
||
|
03613196 |
MATRIX TECHNOLOGIES CORPORATION |
Non Trading |
United Kingdom |
||
|
|
LIMITED |
|
|||
|
00962392 |
CHROMACOL LIMITED |
Non Trading |
United Kingdom |
||
|
02759174 |
EPSOM GLASS INDUSTRIES LIMITED |
Non Trading |
United Kingdom |
||
|
06723585 |
ERIE UK SENIOR HOLDING LIMITED |
Active |
United Kingdom |
||
|
06095641 |
LAMBTRACK LIMITED |
Non Trading |
United Kingdom |
||
|
06723576 |
ERIE UK2 LIMITED |
Active |
United Kingdom |
||
|
04245812 |
REMEL EUROPE LIMITED |
Active |
United Kingdom |
||
|
45050968200016 |
FISHER BIOBLOCK HOLDING S.A.S. |
Non Trading |
France |
||
|
05281667 |
OXOID SENIOR HOLDINGS LIMITED |
Non Trading |
United Kingdom |
||
|
341980290000 |
Fisher Scientific The Hague V B.V. |
Active |
Luxembourg |
||
|
IE377494 |
FISHER SCIENTIFIC IRELAND HOLDING |
Active |
Ireland |
||
|
03947481 |
FISHER SCIENTIFIC UK HOLDING
COMPANY |
Active |
United Kingdom |
||
|
|
LIMITED |
|
|
||
|
02888275 |
FISHER SCIENTIFIC HOLDING U.K.,
LIMITED |
Active |
United Kingdom |
|
|
|
00572076 |
ORME SCIENTIFIC LIMITED |
Non Trading |
United Kingdom |
|
|
|
02883961 |
FISHER SCIENTIFIC U.K., LIMITED |
Active |
United Kingdom |
|
|
|
05281656 |
FSUK HOLDINGS LIMITED |
Active |
United Kingdom |
|
|
|
06512031 |
STERILIN LIMITED |
Active |
United Kingdom |
|
|
|
02624883 |
DOUBLECAPE HOLDING LIMITED |
Active |
United Kingdom |
|
|
|
01533608 |
I.Q. (BIO.)LIMITED |
Non Trading |
United Kingdom |
|
|
|
02183692 |
OXOID (ELY)LIMITED |
Non Trading |
United Kingdom |
|
|
|
02295433 |
DOUBLECAPE LIMITED |
Non Trading |
United Kingdom |
|
|
|
IE436396 |
FISHER SCIENTIFIC IRELAND LIMITED |
Active |
Ireland |
|
|
|
03977334 |
FISHER SCIENTIFIC UK HOLDING
COMPANY2 |
Active |
United Kingdom |
|
|
|
05281630 |
FISHER CLINICAL SERVICES UK LIMITED |
Active |
United Kingdom |
|
|
|
05565793 |
FISHER SCIENTIFIC OXOID HOLDINGS
LTD |
Active |
United Kingdom |
|
|
|
04572230 |
FISHER MAYBRIDGE HOLDINGS LIMITED |
Active |
United Kingdom |
|
|
|
03438255 |
MAYBRIDGE CHEMICAL HOLDINGS LIMITED |
Non Trading |
United Kingdom |
|
|
|
00713077 |
MAYBRIDGE LIMITED |
Active |
United Kingdom |
|
|
|
03394243 |
MAYBRIDGE CHEMICAL COMPANY LIMITED |
Non Trading |
United Kingdom |
|
|
|
05281644 |
FSIR HOLDINGS (UK) LIMITED |
Active |
United Kingdom |
|
|
|
US23521493 |
LAB VISION CORP |
Active |
USA |
|
|
|
03541967 |
LAB VISION (UK) LIMITED |
Non Trading |
United Kingdom |
|
|
|
08201428 |
THERMO FISHER SCIENTIFIC ODYSSEY |
Non Trading |
United Kingdom |
|
|
|
|
HOLDINGS LIMITED |
|
|
||
|
03284153 |
CAC LIMITED |
Non Trading |
United Kingdom |
|
|
|
03284221 |
THERMO MEASUREMENT LTD |
Non Trading |
United Kingdom |
|
|
|
00880655 |
H.P.L.C. TECHNOLOGY COMPANY LIMITED |
Pending |
United Kingdom |
|
|
|
03977331 |
OXOID 2000 LIMITED |
Active |
United Kingdom |
|
|
|
03291574 |
OXOID HOLDINGS LIMITED |
Active |
United Kingdom |
|
|
|
03291857 |
OXOID LIMITED |
Active |
United Kingdom |
|
|
|
IE396732 |
OXOID LIMITED |
Active |
Ireland |
|
|
|
SC117113 |
G. & M. PROCTER LIMITED |
Active |
United Kingdom |
|
|
|
03292597 |
OXOID INTERNATIONAL LIMITED |
Active |
United Kingdom |
|
|
|
03963529 |
OXOID PENSION TRUSTEE LIMITED |
Non Trading |
United Kingdom |
|
|
|
5566642137 |
Perbio Science Sweden Holdings AB |
Active |
SE |
|
|
|
03721319 |
HYCLONE UK LIMITED |
Active |
United Kingdom |
|
|
|
01120337 |
PERBIO SCIENCE UK LIMITED |
Active |
United Kingdom |
|
|
|
SC048114 |
RUSSELL PH LIMITED |
Non Trading |
United Kingdom |
|
|
|
5560158882 |
Spectra-Physics AB |
Active |
SE |
|
|
|
02151086 |
SPECTRA-PHYSICS HOLDINGS LIMITED |
Active |
United Kingdom |
|
|
|
US43738813 |
THERMO BIOANALYSIS CORP |
Non Trading |
USA |
|
|
|
03017989 |
THERMO BIOANALYSIS LIMITED |
Non Trading |
United Kingdom |
|
|
|
03153083 |
THERMO FAST U.K. LIMITED |
Non Trading |
United Kingdom |
|
|
|
03297822 |
THERMO PROJECTS LIMITED |
Non Trading |
United Kingdom |
|
|
|
IE192923 |
EUROPEAN LABORATORY HOLDINGS |
Active |
Ireland |
|
|
|
|
LIMITED |
|
|
||
|
01417123 |
LIFE SCIENCES INTERNATIONAL LIMITED |
Active |
United Kingdom |
|
|
|
00954017 |
COMDATASERVICES LIMITED |
Pending |
United Kingdom |
|
|
|
01018174 |
THERMO RADIOMETRIE LIMITED |
Non Trading |
United Kingdom |
|
|
|
01735858 |
THERMO ELECTRON LIMITED |
Active |
United Kingdom |
|
|
|
02015834 |
HYBAID LIMITED |
Non Trading |
United Kingdom |
|
|
|
02323529 |
THERMO ELECTRON WEIGHING & |
Non Trading |
United Kingdom |
|
|
|
|
INSPECTION LIMITED |
|
|
||
|
01338091 |
THERMO ALLEN CODING LIMITED |
Non Trading |
United Kingdom |
|
|
|
02907543 |
THERMO SENTRON LIMITED |
Non Trading |
United Kingdom |
|
|
|
02595732 |
THERMO OPTEK LIMITED |
Active |
United Kingdom |
|
|
|
03153085 |
VG SYSTEMS LIMITED |
Active |
United Kingdom |
|
|
|
05961474 |
THERMO CAMBRIDGE LIMITED |
Active |
United Kingdom |
|
|
|
03120422 |
EQUIBIO LIMITED |
Non Trading |
United Kingdom |
|
|
|
03153068 |
THERMO ELECTRON (MANAGEMENT |
Active |
United Kingdom |
|
|
|
|
SERVICES) LIMITED |
|
|
||
|
00600633 |
HELMET SECURITIES LIMITED |
Active |
United Kingdom |
|
|
|
US15257698 |
THERMO QUEST CORP |
Non Trading |
USA |
|
|
|
30112775900167 |
THERMO ELECTRON LEDSAS |
Active |
France |
|
|
|
01904834 |
JOUAN LIMITED |
Non Trading |
United Kingdom |
|
|
|
09215470 |
Thermo Fisher Scientific Oy |
Active |
Estonia |
|
|
|
00330973 |
THERMO SHANDON LIMITED |
Active |
United Kingdom |
|
|
|
00441506 |
THERMO ELECTRON MANUFACTURING |
Active |
United Kingdom |
|
|
|
|
LIMITED |
|
|
||
|
01130285 |
THERMO NICOLET LIMITED |
Non Trading |
United Kingdom |
|
|
|
03132105 |
THERMO FINNIGAN LIMITED |
Non Trading |
United Kingdom |
|
|
|
03153084 |
THERMO ELEMENTAL LIMITED |
Non Trading |
United Kingdom |
|
|
|
03466934 |
THERMO HYPERSIL LTD |
Non Trading |
United Kingdom |
|
|
|
04444128 |
G V INSTRUMENTS LIMITED |
Non Trading |
United Kingdom |
|
|
|
01280852 |
RAYMONDA LAMB LIMITED |
Non Trading |
United Kingdom |
|
|
|
01409585 |
KENDRO LABORATORY PRODUCTS LIMITED |
Non Trading |
United Kingdom |
|
|
|
04325277 |
KENDRO CONTAINMENT & SERVICES
LIMITED |
Non Trading |
United Kingdom |
|
|
|
07112358 |
THERMO FISHER SCIENTIFIC HOLDINGS |
Active |
United Kingdom |
|
|
|
|
EUROPE LIMITED |
|
|
||
|
05018976 |
PHADIA LTD |
Active |
United Kingdom |
|
|
|
03153082 |
THERMO FISHER SCIENTIFIC (CHINA) |
Active |
United Kingdom |
|
|
|
|
HOLDING LIMITED |
|
|
||
|
US12690625 |
THERMO INSTRUMENT SYSTEMS INC |
Non Trading |
USA |
|
|
|
US30795704 |
THERMO LAB SYSTEMS INC |
Non Trading |
USA |
|
|
|
04139837 |
INNAPHASE LIMITED |
Non Trading |
United Kingdom |
|
|
|
00154522 |
GORING KERR DETECTION LIMITED |
Non Trading |
United Kingdom |
|
|
|
02838807 |
THERMOSPECTRA LIMITED |
Non Trading |
United Kingdom |
|
|
|
03705399 |
TREK HOLDING COMPANY LIMITED |
Non Trading |
United Kingdom |
|
|
|
03962079 |
TREK HOLDING COMPANY II LIMITED |
Non Trading |
United Kingdom |
|
|
|
02038515 |
TREK DIAGNOSTIC SYSTEMS LIMITED |
Active |
United Kingdom |
|
|
|
Immediate parent |
|
||||
|
03449482 |
ONIX HOLDINGS LIMITED |
Non Trading |
United Kingdom |
|
|
Main activity
Principal Activity Manufacture
and sale of scientific instruments for analysis of gases.
SIC03 Manufacture
instruments for measuring.
SIC07 Manufacture
of electronic measuring, testing equipment, not for industrial process
Control
Turnover and
Employees
|
Date
of Accounts |
Turnover
|
Employees
|
|
31/12/2011 |
GBP 16,428,000 |
76 |
|
31/12/2012 |
GBP 14,386,000 |
53 |
|
31/12/2013 |
GBP 14,790,000 |
50 |
Banks
Bank Name Bank
Branch Sort Code
BARCLAYS BANK PLC 20-00-00
Auditor
Auditor name
PRICEWATERHOUSECOOPERS LLP
Events
|
Company history |
|
|
Date |
Action |
|
30/11/2009 |
Annual Returns |
|
14/08/2010 |
New Accounts Filed |
|
14/08/2010 |
New Accounts Filed |
|
08/12/2010 |
Annual Returns |
|
03/01/2011 |
New Board Member Ms K.R. Wright appointed |
|
10/01/2011 |
New Board Member Ms K.R. Wright appointed |
|
06/10/2011 |
Change of Company Postcode |
|
08/10/2011 |
New Accounts Filed |
|
03/12/2011 |
Annual Returns |
|
19/04/2012 |
Change of Company Postcode |
|
20/04/2012 |
Mr J.R. Coley has left the board |
|
23/04/2012 |
New Board Member Mr I.A. Moodie
appointed |
|
27/04/2012 |
New Board Member Mr I.A. Moodie
appointed |
|
06/10/2012 |
New Accounts Filed |
|
06/10/2012 |
New Accounts Filed |
|
01/12/2012 |
Annual Returns |
|
13/02/2013 |
Mr I.A. Moodie has
left the board |
|
14/02/2013 |
New Board Member Ms L.M. Grant appointed |
|
20/02/2013 |
New Board Member Ms L.M. Grant appointed |
|
09/08/2013 |
New Accounts Filed |
|
09/08/2013 |
New Accounts Filed |
|
02/12/2013 |
Annual Returns |
|
11/03/2014 |
Change in Reg. Office |
|
11/03/2014 |
Change of Company Postcode |
|
01/08/2014 |
New Accounts Filed |
County Court Judgments (CCJs)
There are no County Court Judgments listed against this company
Profit & Loss
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
52 |
52 |
52 |
52 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
Turnover |
14,790,000 |
14,386,000 |
16,428,000 |
15,979,000 |
|
Export |
12,570,000 |
12,415,000 |
13,298,000 |
10,854,000 |
|
Cost of Sales |
9,335,000 |
9,540,000 |
11,215,000 |
10,966,000 |
|
Gross Profit |
5,455,000 |
4,846,000 |
5,213,000 |
5,013,000 |
|
Wages And Salaries |
2,160,000 |
2,177,000 |
2,358,000 |
2,684,000 |
|
Directors Emoluments |
8,000 |
12,000 |
13,000 |
8,000 |
|
Operating Profit |
3,013,000 |
2,291,000 |
2,703,000 |
2,415,000 |
|
Depreciation |
53,000 |
68,000 |
88,000 |
128,000 |
|
Audit Fees |
24,000 |
25,000 |
26,000 |
29,000 |
|
Interests Payments |
0 |
0 |
0 |
0 |
|
Pre Tax Profit |
3,047,000 |
2,426,000 |
5,149,000 |
2,504,000 |
|
Taxation |
0 |
-73,000 |
-35,000 |
213,000 |
|
Profit After Tax |
3,047,000 |
2,353,000 |
5,114,000 |
2,717,000 |
|
Dividends Payable |
0 |
0 |
0 |
0 |
|
Retained Profit |
3,047,000 |
2,353,000 |
5,114,000 |
2,717,000 |
Balance
Sheet
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
52 |
52 |
52 |
52 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
Tangible Assets |
2,061,000 |
2,062,000 |
2,112,000 |
2,235,000 |
|
Intangible Assets |
157,000 |
244,000 |
331,000 |
417,000 |
|
Total Fixed Assets |
2,218,000 |
2,306,000 |
2,443,000 |
2,652,000 |
|
Stock |
761,000 |
757,000 |
660,000 |
549,000 |
|
Trade Debtors |
1,375,000 |
2,667,000 |
2,932,000 |
3,449,000 |
|
Cash |
25,820,000 |
19,581,000 |
16,798,000 |
13,524,000 |
|
Other Debtors |
720,000 |
2,891,000 |
3,120,000 |
777,000 |
|
Miscellaneous Current Assets |
0 |
0 |
0 |
0 |
|
Total Current Assets |
28,676,000 |
25,896,000 |
23,510,000 |
18,299,000 |
|
Trade Creditors |
256,000 |
267,000 |
379,000 |
643,000 |
|
Bank Loans and Overdraft |
0 |
0 |
0 |
0 |
|
Other Short Term Finance |
589,000 |
829,000 |
855,000 |
588,000 |
|
Miscellaneous Current Liabilities |
870,000 |
955,000 |
943,000 |
1,032,000 |
|
Total Current Liabilities |
1,715,000 |
2,051,000 |
2,177,000 |
2,263,000 |
|
Bank Loans and Overdrafts LTL |
8,628,000 |
8,647,000 |
8,625,000 |
8,651,000 |
|
Other Long Term Finance |
8,590,000 |
8,590,000 |
8,590,000 |
8,590,000 |
|
Total Long Term Liabilities |
8,628,000 |
8,647,000 |
8,625,000 |
8,651,000 |
Capital & Reserves
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
|
52 |
52 |
52 |
52 |
|
|
|
GBP |
GBP |
GBP |
GBP |
|
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
|
Called UpShareCapital |
0 |
0 |
0 |
0 |
|
|
P and L Account Reserve |
20,551,000 |
17,504,000 |
15,151,000 |
10,037,000 |
|
|
Revaluation Reserve |
0 |
0 |
0 |
0 |
|
|
Sundry Reserves |
0 |
0 |
0 |
0 |
|
|
Shareholders Funds |
20,551,000 |
17,504,000 |
15,151,000 |
10,037,000 |
|
Other
Financial Items
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
52 |
52 |
52 |
52 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
Net Worth |
20,394,000 |
17,260,000 |
14,820,000 |
9,620,000 |
|
Working Capital |
26,961,000 |
23,845,000 |
21,333,000 |
16,036,000 |
|
Total Assets |
30,894,000 |
28,202,000 |
25,953,000 |
20,951,000 |
|
Total Liabilities |
10,343,000 |
10,698,000 |
10,802,000 |
10,914,000 |
|
Net Assets |
20,551,000 |
17,504,000 |
15,151,000 |
10,037,000 |
Cash Flow
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
52 |
52 |
52 |
52 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
Net Cash Flow from Operations |
0 |
0 |
0 |
0 |
|
Net Cash Flow before Financing |
0 |
0 |
0 |
0 |
|
Net Cash Flow from Financing |
0 |
0 |
0 |
0 |
|
Increase in Cash |
6,239,000 |
2,783,000 |
3,274,000 |
1,598,000 |
Miscellaneous
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
|
52 |
52 |
52 |
52 |
|
|
GBP |
GBP |
GBP |
GBP |
|
|
Group: No |
Group: No |
Group: No |
Group: No |
|
|
|
|
|
|
|
Capital Employed |
29,179,000 |
26,151,000 |
23,776,000 |
18,688,000 |
Financial
Ratios
|
Name
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
|
Pre Tax Profit Margin |
20.60 % |
16.86% |
31.34% |
15.67% |
|
Current Ration |
16.72 |
12.63 |
10.80 |
8.09 |
|
Sales or Net Working Capital |
0.55 |
0.60 |
0.77 |
1.00 |
|
Gearing |
41.98% |
49.40 % |
56.93 % |
86.19% |
|
Equity |
66.86 % |
62.61 % |
59.13% |
48.88 % |
|
Creditor Days |
6.30 |
6.75 |
8.39 |
14.64 |
|
Debtor Days |
33.84 |
67.48 |
64.96 |
78.56 |
|
Liquidity or Acid test |
16.27 |
12.25 |
10.49 |
7.84 |
|
Return on Capital Employed |
10.44% |
9.27 % |
21.65% |
13.39% |
|
Return on Total Assets Employed |
9.86 % |
8.60 % |
19.83% |
11.95 % |
|
Current Debt Ratio |
0.08 % |
0.11 % |
0.14% |
0.22 % |
|
Total Debt Ratio |
0.50 % |
0.61 % |
0.71 % |
1.08 % |
|
Stock Turnover Ratio |
5.14% |
5.26 % |
4.01 % |
3.43 % |
|
Return on Net Assets Employed |
14.82% |
13.85% |
33.98 % |
24.94 % |
Remarks
Achieving good levels of turnover and profitability. The general
financial position seems to be in order and good reserves have been built up. It
is part of a large global group whose Revenue for 2013 amounted to USD 13.1
billion. There are 50 employees globally.
Activity: Manufacture and Sale of scientific instruments for analysis of
gases.
Trading Address: Factory One, Road Three Ion Path Road Three Three Ion
Path Winsford Cheshire CW7 3GA
Branches: Group operates Worldwide
Employees: 50
Bank: Barclays Bank PLC
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.97 |
|
|
1 |
Rs.97.37 |
|
Euro |
1 |
Rs.77.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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.