|
|
REGISTRATION
NO.
|
:
|
201135705-Z
|
|
COMPANY NAME
|
:
|
ESS DEE ALUMINIUM
PTE. LIMITED
|
|
FORMER NAME
|
:
|
N/A
|
|
INCORPORATION
DATE
|
:
|
15/12/2011
|
|
|
|
|
|
|
|
|
|
COMPANY STATUS
|
:
|
EXIST
|
|
LEGAL FORM
|
:
|
PRIVATE
LIMITED
|
|
LISTED STATUS
|
:
|
NO
|
|
|
|
|
|
|
|
|
|
REGISTERED
ADDRESS
|
:
|
101, CECIL
STREET, 11-05, TONG ENG BUILDING, 069533, SINGAPORE.
|
|
BUSINESS
ADDRESS
|
:
|
101, CECIL
STREET, 11-05, TONG ENG BUILDING, 069533, SINGAPORE.
|
|
TEL.NO.
|
:
|
65-65348607
|
|
FAX.NO.
|
:
|
N/A
|
|
CONTACT PERSON
|
:
|
SUDIP BIJAY DUTTA
( DIRECTOR )
|
|
|
|
|
|
|
|
|
|
PRINCIPAL
ACTIVITY
|
:
|
GENERAL
WHOLESALE TRADE & OTHER BUSINESS SUPPORT SERVICES ACTIVITIES NEC
|
|
|
|
|
|
ISSUED AND
PAID UP CAPITAL
|
:
|
2,201,000.00
ORDINARY SHARE, OF A VALUE OF SGD 2,201,000.00
|
|
|
|
|
|
SALES
|
:
|
N/A
|
|
NET WORTH
|
:
|
USD (601,555)
[2013]
|
|
|
|
|
|
STAFF STRENGTH
|
:
|
N/A
|
|
LITIGATION
|
:
|
CLEAR
|
|
FINANCIAL
CONDITION
|
:
|
N/A
|
|
PAYMENT
|
:
|
N/A
|
|
MANAGEMENT
CAPABILITY
|
:
|
WEAK
|
|
|
|
|
|
COMMERCIAL
RISK
|
:
|
N/A
|
|
CURRENCY
EXPOSURE
|
:
|
N/A
|
|
GENERAL
REPUTATION
|
:
|
POOR
|
|
INDUSTRY
OUTLOOK
|
:
|
AVERAGE GROWTH
|
HISTORY / BACKGROUND
The Subject is a private limited company and is allowed to have a minimum
of one and a maximum of forty-nine shareholders. As a private limited
company, the Subject must have at least two directors. A private limited
company is a separate legal entity from its shareholders. As a separate legal
entity, the Subject is capable of owning assets, entering into contracts, sue
or be sued by other companies. The liabilities of the shareholders are to the
extent of the equity they have taken up and the creditors cannot claim on
shareholders' personal assets even if the Subject is insolvent. The Subject
is governed by the Companies Act and the company must file its annual
returns, together with its financial statements with the Registrar of
Companies.
The Subject is principally engaged in the (as a / as an)
general wholesale trade & other business support services activities nec.
The immediate and ultimate holding company of the Subject
is ESS DEE ALUMINIUM LIMITED, a company incorporated in INDIA.
Share Capital History
|
Date
|
Issue &
Paid Up Capital
|
|
20/01/2014
|
SGD 2,201,000.00
|
The major shareholder(s) of the Subject
are shown as follows :
|
Name
|
Address
|
IC/PP/Loc No
|
Shareholding
|
(%)
|
|
ESS DEE
ALUMINIUM LIMITED
|
1, SAGORE
DUTTA GHAT ROAD, KAMARHATI, KOLKATA - 700058, WEST BENGAL, INDIA.
|
T11UF5005
|
2,201,000.00
|
100.00
|
|
|
|
|
---------------
|
------
|
|
|
|
|
2,201,000.00
|
100.00
|
|
|
|
|
============
|
=====
|
+ Also Director
DIRECTORS
DIRECTOR 1
|
Name Of
Subject
|
:
|
MR. SUDIP
BIJAY DUTTA
|
|
Address
|
:
|
63, COVE DRIVE,
098266, SINGAPORE.
|
|
IC / PP No
|
:
|
G5230393T
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nationality
|
:
|
INDIAN
|
|
Date of
Appointment
|
:
|
15/12/2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DIRECTOR 2
|
Name Of
Subject
|
:
|
RAY SUBIR KUMAR
|
|
Address
|
:
|
FLAT 501,
BUILDING 59, THAKUR VILLAGE, KANDIVALI EAST, MUMBAI, MAHARASHTRA, INDIA.
|
|
IC / PP No
|
:
|
Z2478989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nationality
|
:
|
INDIAN
|
|
Date of
Appointment
|
:
|
15/12/2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1)
|
Name of
Subject
|
:
|
SUDIP BIJAY
DUTTA
|
|
|
Position
|
:
|
DIRECTOR
|
|
|
|
|
|
|
Auditor
|
:
|
NG, LEE &
ASSOCIATES - DFK
|
|
Auditor'
Address
|
:
|
N/A
|
|
|
|
|
|
|
|
|
COMPANY SECRETARIES
|
1)
|
Company
Secretary
|
:
|
LIM SOH SEA
|
|
|
IC / PP No
|
:
|
S7077960I
|
|
|
|
|
|
|
|
Address
|
:
|
101A, LORONG
2, TOA PAYOH, 08-07, 310101, SINGAPORE.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2)
|
Company
Secretary
|
:
|
MASDEWIANA
BINTE MOHD KASIM
|
|
|
IC / PP No
|
:
|
S7935914I
|
|
|
|
|
|
|
|
Address
|
:
|
613, BEDOK
RESERVOIR ROAD, 11-1180, 470613, SINGAPORE.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BANKING
No Banker found in our databank.
ENCUMBRANCE (S)
No encumbrance was found in our databank at the time of investigation.
LEGAL CHECK AGAINST SUBJECT
* A check has been conducted in our databank againt the Subject whether the
subject has been involved in any litigation.
No legal action was found in our databank.
No winding up petition was found in our databank.
PAYMENT RECORD
|
SOURCES OF RAW
MATERIALS:
|
|
Local
|
:
|
N/A
|
|
Overseas
|
:
|
N/A
|
|
|
|
|
The staff from the registered office refused to disclose the Subject's
suppliers.
CLIENTELE
|
Local
|
:
|
N/A
|
|
|
|
|
|
Overseas
|
:
|
N/A
|
The staff from the registered office refused to disclose the Subject's
clientele.
OPERATIONS
|
Goods Traded
|
:
|
GENERAL
WHOLESALE TRADE & OTHER BUSINESS SUPPORT SERVICES ACTIVITIES NEC
|
|
|
|
|
Other Information:
The Subject is principally engaged in the (as a / as an) general wholesale
trade & other business support services activities nec.
The staff from the registered office refused to disclose the Subject's
operation.
CURRENT INVESTIGATION
Latest fresh
investigations carried out on the Subject indicated that :
|
Telephone
Number Provided By Client
|
:
|
N/A
|
|
Current
Telephone Number
|
:
|
65-65348607
|
|
Match
|
:
|
N/A
|
|
|
|
|
|
Address
Provided by Client
|
:
|
101, CECIL
STREET, #11-05, TONG ENG BUILDING, SINGAPORE 06953
|
|
Current
Address
|
:
|
101, CECIL STREET,
11-05, TONG ENG BUILDING, 069533, SINGAPORE.
|
|
Match
|
:
|
YES
|
|
|
|
|
Other Investigations
On 20th January 2014 we contacted one of the staff from the Subject and she
only provided limited information.
She refused to disclose the Subject's number of employees and fax number.
FINANCIAL ANALYSIS
|
|
|
Overall
Assessment :
|
|
The Subject's
turnover figure was nil as it has yet to commence its business operation during
the financial year. Hence, we are unable to further comment on the
Subject's financial health.
|
|
|
|
|
|
|
|
|
|
Overall
financial condition of the Subject : N/A
|
SINGAPORE ECONOMIC / INDUSTRY
OUTLOOK
|
|
Major Economic
Indicators :
|
2008
|
2009
|
2010
|
2011
|
2012
|
|
|
|
|
|
|
|
|
Population
(Million)
|
4.84
|
4.98
|
5.08
|
5.18
|
5.31
|
|
Gross Domestic
Products ( % )
|
1.5
|
(0.8)
|
14.5
|
4.9
|
1.3
|
|
Consumer Price
Index
|
6.6
|
0.6
|
2.8
|
5.2
|
4.6
|
|
Total Imports
(Million)
|
450,892.6
|
356,299.3
|
423,221.8
|
459,655.1
|
474,554.0
|
|
Total Exports
(Million)
|
476,762.2
|
391,118.1
|
478,840.7
|
514,741.2
|
510,329.0
|
|
|
|
|
|
|
|
|
Unemployment
Rate (%)
|
2.2
|
3.2
|
2.2
|
2.1
|
2.0
|
|
Tourist
Arrival (Million)
|
10.12
|
9.68
|
11.64
|
13.17
|
14.37
|
|
Hotel
Occupancy Rate (%)
|
81.0
|
75.8
|
85.6
|
86.5
|
86.4
|
|
Cellular Phone
Subscriber (Million)
|
1.31
|
1.37
|
1.43
|
1.50
|
1.52
|
|
|
|
|
|
|
|
|
Registration of
New Companies (No.)
|
25,327
|
26,414
|
29,798
|
32,317
|
31,892
|
|
Registration
of New Companies (%)
|
(2.2)
|
4.3
|
12.8
|
8.5
|
(1.3)
|
|
Liquidation of
Companies (No.)
|
10,493
|
22,393
|
15,126
|
19,005
|
17,218
|
|
Liquidation of
Companies (%)
|
13.7
|
113.4
|
(32.5)
|
25.6
|
9.4
|
|
|
|
|
|
|
|
|
Registration
of New Businesses (No.)
|
24,850
|
26,876
|
23,978
|
23,494
|
24,788
|
|
Registration
of New Businesses (%)
|
0.36
|
8.15
|
(10.78)
|
2.02
|
5.51
|
|
Liquidation of
Businesses (No.)
|
21,150
|
23,552
|
24,211
|
23,005
|
22,489
|
|
Liquidation of
Businesses (%)
|
(0.8)
|
11.4
|
2.8
|
(5)
|
(2.2)
|
|
|
|
|
|
|
|
|
Bankruptcy
Orders (No.)
|
2,326
|
2,058
|
1,537
|
1,527
|
1,748
|
|
Bankruptcy
Orders (%)
|
(15.9)
|
(11.5)
|
(25.3)
|
(0.7)
|
14.5
|
|
Bankruptcy
Discharges (No.)
|
1,500
|
3,056
|
2,252
|
1,391
|
1,881
|
|
Bankruptcy
Discharges (%)
|
(7.7)
|
103.7
|
(26.3)
|
(38.2)
|
35.2
|
|
|
|
|
|
|
|
|
INDUSTRIES ( %
of Growth ) :
|
|
|
|
|
|
|
Agriculture
|
|
|
|
|
|
|
Production of
Principal Crops
|
(0.32)
|
3.25
|
(0.48)
|
4.25
|
3.64
|
|
Fish Supply
& Wholesale
|
(6.31)
|
(1.93)
|
(10.5)
|
12.10
|
(0.5)
|
|
|
|
|
|
|
|
|
Manufacturing
*
|
74.6
|
71.5
|
92.8
|
100.0
|
100.3
|
|
Food,
Beverages & Tobacco
|
94.8
|
90.4
|
96.4
|
100.0
|
103.5
|
|
Textiles
|
180.1
|
145.9
|
122.1
|
100.0
|
104.0
|
|
Wearing
Apparel
|
334.6
|
211.0
|
123.3
|
100.0
|
92.1
|
|
Leather
Products & Footwear
|
128.2
|
79.5
|
81.8
|
100.0
|
98.6
|
|
Wood &
Wood Products
|
132.0
|
101.4
|
104.0
|
100.0
|
95.5
|
|
Paper &
Paper Products
|
101.0
|
95.4
|
106.1
|
100.0
|
97.4
|
|
Printing &
Media
|
118.2
|
100.9
|
103.5
|
100.0
|
93.0
|
|
Crude Oil
Refineries
|
113.1
|
96.4
|
95.6
|
100.0
|
99.4
|
|
Chemical &
Chemical Products
|
84.5
|
80.3
|
97.6
|
100.0
|
100.5
|
|
Pharmaceutical
Products
|
43.7
|
49.1
|
75.3
|
100.0
|
109.7
|
|
Rubber &
Plastic Products
|
120.1
|
101.2
|
112.3
|
100.0
|
96.5
|
|
Non-metallic
Mineral
|
96.5
|
91.9
|
92.5
|
100.0
|
98.2
|
|
Basic Metals
|
109.8
|
92.6
|
102.2
|
100.0
|
90.6
|
|
Fabricated
Metal Products
|
101.3
|
90.8
|
103.6
|
100.0
|
104.3
|
|
Machinery
& Equipment
|
65.0
|
57.3
|
78.5
|
100.0
|
112.9
|
|
Electrical
Machinery
|
81.7
|
86.8
|
124.1
|
100.0
|
99.3
|
|
Electronic
Components
|
93.1
|
85.2
|
113.6
|
100.0
|
90.6
|
|
Transport
Equipment
|
102.0
|
96.0
|
94.0
|
100.0
|
106.3
|
|
|
|
|
|
|
|
|
Construction
|
45.90
|
(36.9)
|
14.20
|
20.50
|
28.70
|
|
Real Estate
|
(11.2)
|
1.4
|
21.3
|
25.4
|
31.9
|
|
|
|
|
|
|
|
|
Services
|
|
|
|
|
|
|
Electricity, Gas
& Water
|
(1.3)
|
1.70
|
4.00
|
7.00
|
6.30
|
|
Transport,
Storage & Communication
|
11.60
|
3.90
|
12.80
|
7.40
|
5.30
|
|
Finance &
Insurance
|
(5.9)
|
(16.4)
|
(0.4)
|
8.90
|
0.50
|
|
Government
Services
|
17.40
|
4.50
|
9.70
|
6.90
|
6.00
|
|
Education
Services
|
0.50
|
0.10
|
(0.9)
|
(1.4)
|
0.30
|
|
|
|
|
|
|
|
|
* Based on
Index of Industrial Production (2011 = 100)
|
|
|
|
|
|
|
(Source :
Department of Statistics)
|
|
|
|
|
|
INDUSTRY ANALYSIS
|
INDUSTRY :
|
TRADING
|
|
|
|
|
|
|
The wholesale
and retail trade sector contracted by 1.5% in the fourth quarter of 2012,
extending the 0.2% decline in the preceding quarter. For the whole of 2012,
the sector declined by 0.7%, reversing the 1.6% growth in 2011. The sector
was weighed down primarily by the wholesale trade segment. In 2012, the
wholesale trade segment contracted by 1.0%, a reversal from the 1.4% growth
in 2011. Growth of the retail trade segment also moderated to 2.0%, from
3.2% in the year 2011.
|
|
|
|
The domestic
wholesale trade index grew by 1.2% in the fourth quarter of 2012, an
improvement from the 5.4% decline in the third quarter. This was partly due
to an increase in the sales of chemicals & chemical products and ship
chandlers & bunkering. For the full year of 2012, the domestic
wholesale trade index contracted by 2.2%, extending the 1.7% decline in
2011. The foreign wholesale trade index grew by 8.6% in the fourth quarter,
an increase from the 6.6% growth in the third quarter. The expansion was
partly due to resilient sales of petroleum & petroleum products. For
the whole of 2012, the foreign wholesale trade index expanded by 9.1%,
faster than the 4.3% increase in 2011.
|
|
|
|
In the fourth
quarter of 2012, retail sales volume declined by 2.0%, extending the 0.3%
decline in the third quarter. Excluding motor vehicles, retail sales volume
grew by 0.4%, a slight moderation compared to the 1.5% gain in the third
quarter of 2012. The sales volume of motor vehicles fell by 11% in the
fourth quarter of 2012, after contracting by 6.1% in the third quarter. The
sales of several discretionary items also declined in the fourth quarter.
Besides, the sales of optical goods & books in 2012 fell by 3.6%, while
the sales of telecommunications apparatus & computers declined by 1.4%.
|
|
|
|
For 2012 as a
whole, retail sales volume grew by 1.3%, compared to the 2.0% expansion in 2011.
Excluding motor vehicle sales, the increase in retail sales volume also
moderated from 5.4% in 2011 to 1.7% in 2012. Medical goods & toiletries
registered the largest increase (9.3%) in sales, followed by
telecommunications apparatus & computers (6.9%). By contrast, the sales
of watches & jewellery (-2.2%) and optical goods & books (-3.6%)
declined.
|
|
|
|
|
|
|
OVERALL
INDUSTRY OUTLOOK : AVERAGE GROWTH
|
CREDIT RISK EVALUATION &
RECOMMENDATION
|
Incorporated in 2011, the Subject is a Private Limited company, focusing on
general wholesale trade & other business support services activities
nec. The Subject has been in business for less than 5 years and it has slowly
been building up contact with its clients while competing in the industry.
However, it has yet to enjoy a stable market shares as it need to compete
many well established players in the same field. Presently, issued and paid
up capital of the Subject stand at SGD2,201,000.
Overall, we regard that the Subject's management capability is weak.
Without capable management, the Subject is unlikely to be successful and
often contribute to unacceptable levels of accountability. Weak management
can affect productivity, profitability, sales growth and ultimately can
result in the failure of a business.
The Subject's turnover figure was nil as it has yet to commence its
business operation during the financial year. Hence, we are unable to
further comment on the Subject's financial health.
Without a strong assets backing, the Subject may face difficulties in
getting loans for its future expansion and continued growth.
The industry shows an upward trend and this trend is very likely to sustain
in the near terms. Hence, the Subject is expected to benefit from the
favourable outlook of the industry.
In view of above and due to its red shareholders' fund, we do not recommend
any credit be granted to the Subject.
|
|
|
PROFIT AND LOSS ACCOUNT
|
THE FINANCIAL
STATEMENTS WERE PREPARED IN ACCORDANCE WITH SINGAPORE FINANCIAL REPORTING
STANDARDS.
|
|
ESS DEE
ALUMINIUM PTE. LIMITED
|
|
Financial Year
End
|
2013-03-31
|
2012-03-31
|
|
Months
|
12
|
12
|
|
Consolidated
Account
|
Company
|
Company
|
|
Audited
Account
|
YES
|
YES
|
|
Unqualified
Auditor's Report (Clean Opinion)
|
YES
|
YES
|
|
Financial Type
|
FULL
|
FULL
|
|
Currency
|
USD
|
USD
|
|
|
|
|
|
Other Income
|
23,355
|
22,875
|
|
|
----------------
|
----------------
|
|
Total Turnover
|
23,355
|
22,875
|
|
|
----------------
|
----------------
|
|
|
|
|
|
PROFIT/(LOSS)
FROM OPERATIONS
|
(2,041,523)
|
(113,109)
|
|
|
----------------
|
----------------
|
|
PROFIT/(LOSS)
BEFORE TAXATION
|
(2,041,523)
|
(113,109)
|
|
|
----------------
|
----------------
|
|
PROFIT/(LOSS)
AFTER TAXATION
|
(2,041,523)
|
(113,109)
|
|
|
----------------
|
----------------
|
|
RETAINED
PROFIT/(LOSS) BROUGHT FORWARD
|
|
|
|
As previously
reported
|
(113,109)
|
-
|
|
|
----------------
|
----------------
|
|
As restated
|
(113,109)
|
-
|
|
|
----------------
|
----------------
|
|
PROFIT
AVAILABLE FOR APPROPRIATIONS
|
(2,154,632)
|
(113,109)
|
|
|
----------------
|
----------------
|
|
RETAINED
PROFIT/(LOSS) CARRIED FORWARD
|
(2,154,632)
|
(113,109)
|
|
|
=============
|
=============
|
|
|
|
|
|
INTEREST
EXPENSE (as per notes to P&L)
|
|
|
|
Bank overdraft
|
16
|
28
|
|
Lease interest
|
4,327
|
1
|
|
Term loan /
Borrowing
|
15,660
|
-
|
|
|
----------------
|
----------------
|
|
|
20,003
|
29
|
|
|
=============
|
=============
|
BALANCE SHEET
|
ESS DEE
ALUMINIUM PTE. LIMITED
|
|
ASSETS
EMPLOYED:
|
|
|
|
FIXED ASSETS
|
319,374
|
211,313
|
|
|
|
|
|
|
----------------
|
----------------
|
|
TOTAL LONG TERM
ASSETS
|
319,374
|
211,313
|
|
|
|
|
|
CURRENT ASSETS
|
|
|
|
Other debtors,
deposits & prepayments
|
12,920
|
-
|
|
Cash &
bank balances
|
377,604
|
713,027
|
|
Others
|
2,119,500
|
2,810,185
|
|
|
----------------
|
----------------
|
|
TOTAL CURRENT
ASSETS
|
2,510,024
|
3,523,212
|
|
|
----------------
|
----------------
|
|
TOTAL ASSET
|
2,829,398
|
3,734,525
|
|
|
=============
|
=============
|
|
|
|
|
|
CURRENT
LIABILITIES
|
|
|
|
Other
creditors & accruals
|
109,223
|
44,534
|
|
Hire purchase
& lease creditors
|
39,457
|
14,079
|
|
Short term
borrowings/Term loans
|
1,000,000
|
-
|
|
Amounts owing
to holding company
|
2,111,580
|
2,111,580
|
|
|
----------------
|
----------------
|
|
TOTAL CURRENT
LIABILITIES
|
3,260,260
|
2,170,193
|
|
|
----------------
|
----------------
|
|
NET CURRENT
ASSETS/(LIABILITIES)
|
(750,236)
|
1,353,019
|
|
|
----------------
|
----------------
|
|
TOTAL NET
ASSETS
|
(430,862)
|
1,564,332
|
|
|
=============
|
=============
|
|
|
|
|
|
SHARE CAPITAL
|
|
|
|
Ordinary share
capital
|
1,553,077
|
1,553,077
|
|
|
----------------
|
----------------
|
|
TOTAL SHARE
CAPITAL
|
1,553,077
|
1,553,077
|
|
|
|
|
|
RESERVES
|
|
|
|
Retained
profit/(loss) carried forward
|
(2,154,632)
|
(113,109)
|
|
|
----------------
|
----------------
|
|
TOTAL RESERVES
|
(2,154,632)
|
(113,109)
|
|
|
|
|
|
|
----------------
|
----------------
|
|
SHAREHOLDERS'
FUNDS/EQUITY
|
(601,555)
|
1,439,968
|
|
|
|
|
|
LONG TERM
LIABILITIES
|
|
|
|
Lease
obligations
|
170,693
|
124,364
|
|
|
----------------
|
----------------
|
|
TOTAL LONG
TERM LIABILITIES
|
170,693
|
124,364
|
|
|
----------------
|
----------------
|
|
|
(430,862)
|
1,564,332
|
|
|
=============
|
=============
|
|
|
|
|
FINANCIAL RATIO
|
ESS DEE
ALUMINIUM PTE. LIMITED
|
|
TYPES OF FUNDS
|
|
|
|
Cash
|
377,604
|
713,027
|
|
Net Liquid
Funds
|
377,604
|
713,027
|
|
Net Liquid
Assets
|
(750,236)
|
1,353,019
|
|
Net Current
Assets/(Liabilities)
|
(750,236)
|
1,353,019
|
|
Net Tangible
Assets
|
(430,862)
|
1,564,332
|
|
Net Monetary
Assets
|
(920,929)
|
1,228,655
|
|
BALANCE SHEET
ITEMS
|
|
|
|
Total
Borrowings
|
1,210,150
|
138,443
|
|
Total
Liabilities
|
3,430,953
|
2,294,557
|
|
Total Assets
|
2,829,398
|
3,734,525
|
|
Net Assets
|
(430,862)
|
1,564,332
|
|
Net Assets
Backing
|
(601,555)
|
1,439,968
|
|
Shareholders'
Funds
|
(601,555)
|
1,439,968
|
|
Total Share
Capital
|
1,553,077
|
1,553,077
|
|
Total Reserves
|
(2,154,632)
|
(113,109)
|
|
LIQUIDITY
(Times)
|
|
|
|
Cash Ratio
|
0.12
|
0.33
|
|
Liquid Ratio
|
0.77
|
1.62
|
|
Current Ratio
|
0.77
|
1.62
|
|
WORKING
CAPITAL CONTROL (Days)
|
|
|
|
Stock Ratio
|
0
|
0
|
|
Debtors Ratio
|
0
|
0
|
|
Creditors
Ratio
|
0
|
0
|
|
SOLVENCY
RATIOS (Times)
|
|
|
|
Gearing Ratio
|
(2.01)
|
0.10
|
|
Liabilities
Ratio
|
(5.70)
|
1.59
|
|
Times Interest
Earned Ratio
|
(101.06)
|
(3,899.31)
|
|
Assets Backing
Ratio
|
1.00
|
1.00
|
|
PERFORMANCE
RATIO (%)
|
|
|
|
Operating
Profit Margin
|
0.00
|
0.00
|
|
Net Profit
Margin
|
0.00
|
0.00
|
|
Return On Net
Assets
|
469.18
|
(7.23)
|
|
Return On
Capital Employed
|
516.48
|
(7.16)
|
|
Return On
Shareholders' Funds/Equity
|
339.37
|
(7.85)
|
|
Dividend Pay
Out Ratio (Times)
|
0.00
|
0.00
|
|
NOTES TO
ACCOUNTS
|
|
|
|
Contingent
Liabilities
|
0
|
0
|
|