MIRA INFORM REPORT
|
Report No. : |
315651 |
|
Report Date : |
02.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
TEREX GB LIMITED |
|
|
|
|
Formerly Known As : |
POWERSCREEN INTERNATIONAL LIMITED |
|
|
|
|
Registered Office : |
Coalisland Road, Dungannon Co. Tyrone BT71 4DR |
|
|
|
|
Country : |
United
Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
29.03.1966 |
|
|
|
|
Com. Reg. No.: |
NI006669 |
|
|
|
|
Legal Form : |
Private Limited With Share Capital |
|
|
|
|
Line of Business : |
The manufacture and distribution of equipment for use in the
screening, crushing, recycling and materials handling industries. |
|
|
|
|
No. of Employees : |
Not Available |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
UNTIED 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 |
Company
summary
|
Registered
Address |
Coalisland Road, Dungannon Co. Tyrone BT71 4DR |
Trading Address |
Coalisland Road, Dungannon Co. Tyrone BT71 4DR |
|
Website Address |
|
|
|
|
Telephone Number
|
02887740701 |
Fax Number |
-- |
|
TPS |
No |
FPS |
No |
|
Incorporation
Date |
29/03/1966 |
Type |
Private Limited With Share Capital |
|
Previous Name |
Powerscreen International Limited |
Company Number |
NI006669 |
|
Filling Date of
Accounts |
20/11/2014 |
Date of Change |
25/09/2009 |
|
Share Capital |
£240,000 |
Currency |
GBP |
|
Charity Number |
-- |
SIC07 |
28923 |
|
SIC07
Description |
MANUFACTURE OF EQUIPMENT FOR CONCRETE CRUSHING AND SCREENING AND
ROADWORKS |
Principal
Activity |
The manufacture and distribution of equipment for use in the
screening, crushing, recycling and materials handling industries. |
Key
Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31/12/2013 |
£282,202,000 |
£42,464,000 |
£157,583,000 |
1017 |
|
31/12/2012 |
£286,973,000 |
£36,947,000 |
£126,840,000 |
847 |
|
31/12/2011 |
£308,366,000 |
£36,000,000 |
£103,144,000 |
278 |
Mortgage Summary
Total Mortgage 8
Outstanding 0
Satisfied 8
Trade
Debtors/Bad Debt Summary
Total Number of Documented Trade 0
Total Value of Documented Trade £0
Commentary
|
This company has been treated as a Large company in respect of the rating/limit generated. |
|
This company's return on total assets employed ratio indicates a highly efficient use of assets. |
|
This company has made late payments on a medium percentage of invoices. |
|
This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding. |
|
The company has more cash than short term bank borrowings. |
|
This company trades in an industry with a moderate level of corporate failures. |
CCJ
|
Total Number of Exact CCJs - |
2 |
Total Value of Exact CCJs - |
£2,080 |
|
Total Number of Possible CCJs - |
0 |
Total Value of Possible CCJs - |
|
|
Total Number of Satisfied CCJs - |
0 |
Total Value of Satisfied CCJs - |
|
|
Total Number of Writs - |
- |
Current
Directors
|
Name |
Ronald Matthew De Feo |
Date of Birth |
18/03/1952 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
03/08/1999 |
||
|
Address |
45 Beachside Avenue, Westport, Connecticut, Fairfield Usa |
||
|
Name |
Eric I Cohen |
Date of Birth |
19/10/1958 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
72 |
Function |
Director |
|
Appointment Date |
03/08/1999 |
||
|
Address |
32 Burnham Hill Road, Westport, Connecticut 06880, Fairfield Usa |
||
|
Name |
Kevin Patrick Bradley |
Date of Birth |
22/06/1962 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
36 |
Function |
Director |
|
Appointment Date |
11/03/2013 |
||
|
Address |
Coalisland Road, Dungannon, Co.tyrone, BT71 4DR |
||
Current
Company secretary
|
Name |
Eric I Cohen |
Date of Birth |
19/10/1958 |
|
Officers Title |
Mr |
Nationality |
American |
|
Present Appointments |
72 |
Function |
Company Secretary |
|
Appointment Date |
24/07/1997 |
||
|
Address |
32 Burnham Hill Road, Westport, Connecticut 06880, Fairfield Usa |
||
Top 20 Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
NEW TEREX HOLDINGS UK LIMITED |
GBP |
240,000 |
ORDINARY |
1 |
100 |
Profit
& Loss
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£282,202,000 |
-1.7% |
£286,973,000 |
-6.9% |
£308,366,000 |
29.8% |
£237,638,000 |
305.2% |
£58,652,000 |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
£43,701,000 |
|
|
Cost of Sales |
£220,919,000 |
-2.5% |
£226,608,000 |
-9.1% |
£249,205,000 |
31.2% |
£190,008,000 |
268.1% |
£51,612,000 |
|
|
Gross Profit |
£61,283,000 |
1.5% |
£60,365,000 |
2% |
£59,161,000 |
24.2% |
£47,630,000 |
576.6% |
£7,040,000 |
|
|
Wages & Salaries |
£36,766,000 |
61.1% |
£22,823,000 |
-4.9% |
£24,004,000 |
23.2% |
£19,479,000 |
277.9% |
£5,154,000 |
|
|
Directors Emoluments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Operating Profit |
£38,507,000 |
17.5% |
£32,767,000 |
-8.3% |
£35,742,000 |
56.4% |
£22,856,000 |
993.9% |
-£2,557,000 |
|
|
Depreciation |
£2,067,000 |
-5.8% |
£2,195,000 |
20.1% |
£1,827,000 |
5.1% |
£1,739,000 |
45.6% |
£1,194,000 |
|
|
Audit Fees |
£162,000 |
-12.9% |
£186,000 |
31.9% |
£141,000 |
-2.1% |
£144,000 |
33.3% |
£108,000 |
|
|
Interest Payments |
£3,888,000 |
6.6% |
£3,647,000 |
72.8% |
£2,111,000 |
-0.2% |
£2,116,000 |
58.9% |
£1,332,000 |
|
|
Pre Tax Profit |
£42,464,000 |
14.9% |
£36,947,000 |
2.6% |
£36,000,000 |
54.6% |
£23,286,000 |
495.1% |
-£5,894,000 |
|
|
Taxation |
-£10,403,000 |
-2.6% |
-£10,138,000 |
-10.7% |
-£9,160,000 |
-30.3% |
-£7,031,000 |
-999.9% |
£334,000 |
|
|
Profit After Tax |
£32,061,000 |
19.6% |
£26,809,000 |
-0.1% |
£26,840,000 |
65.1% |
£16,255,000 |
392.4% |
-£5,560,000 |
|
|
Dividends Payable |
- |
- |
- |
- |
- |
-100% |
£4,192,000 |
- |
- |
|
|
Retained Profit |
£32,061,000 |
19.6% |
£26,809,000 |
-0.1% |
£26,840,000 |
122.5% |
£12,063,000 |
317% |
-£5,560,000 |
Balance
Sheet
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Tangible Assets |
£11,748,000 |
-1.1% |
£11,873,000 |
-4.5% |
£12,427,000 |
-6.8% |
£13,328,000 |
44.3% |
£9,238,000 |
|
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Fixed Assets |
£11,748,000 |
-1.1% |
£11,873,000 |
-4.5% |
£12,427,000 |
-6.8% |
£13,328,000 |
44.3% |
£9,238,000 |
|
|
Stock |
£41,892,000 |
-7.6% |
£45,356,000 |
6.3% |
£42,658,000 |
2% |
£41,821,000 |
179.9% |
£14,943,000 |
|
|
Trade Debtors |
£49,043,000 |
4.7% |
£46,846,000 |
-25.3% |
£62,740,000 |
0.7% |
£62,285,000 |
242% |
£18,210,000 |
|
|
Cash |
£115,850,000 |
38.4% |
£83,726,000 |
87.7% |
£44,595,000 |
341.7% |
£10,096,000 |
-72.2% |
£36,346,000 |
|
|
Other Debtors |
£94,206,000 |
12.2% |
£83,976,000 |
8.6% |
£77,301,000 |
6.9% |
£72,321,000 |
2.2% |
£70,769,000 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£300,991,000 |
15.8% |
£259,904,000 |
14.3% |
£227,294,000 |
21.9% |
£186,523,000 |
33% |
£140,268,000 |
|
|
Trade Creditors |
£31,436,000 |
58.3% |
£19,864,000 |
-15.3% |
£23,444,000 |
-15.4% |
£27,704,000 |
225% |
£8,524,000 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
£85,594,000 |
-1.8% |
£87,143,000 |
8.5% |
£80,339,000 |
26.4% |
£63,574,000 |
227.5% |
£19,409,000 |
|
|
Miscellaneous Current Liabilities |
£13,871,000 |
4.5% |
£13,276,000 |
32.8% |
£9,994,000 |
3.1% |
£9,696,000 |
74.5% |
£5,557,000 |
|
|
Total Current Liabilities |
£130,901,000 |
8.8% |
£120,283,000 |
5.7% |
£113,777,000 |
12.7% |
£100,974,000 |
201.5% |
£33,490,000 |
|
|
Bank Loans & Overdrafts and LTL |
£24,255,000 |
-1.6% |
£24,654,000 |
8.1% |
£22,800,000 |
14.2% |
£19,967,000 |
-61% |
£51,241,000 |
|
|
Other Long Term Finance |
£9,549,000 |
-3.3% |
£9,873,000 |
-2.9% |
£10,167,000 |
-2.5% |
£10,433,000 |
-78% |
£47,359,000 |
|
|
Total Long Term Liabilities |
£24,255,000 |
-1.6% |
£24,654,000 |
8.1% |
£22,800,000 |
14.2% |
£19,967,000 |
-61% |
£51,241,000 |
Capital
& Reserves
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Called Up Share Capital |
£240,000 |
- |
£240,000 |
- |
£240,000 |
- |
£240,000 |
- |
£240,000 |
|
|
P & L Account Reserve |
£156,262,000 |
24.5% |
£125,519,000 |
23.3% |
£101,823,000 |
32% |
£77,125,000 |
22% |
£63,230,000 |
|
|
Revaluation Reserve |
£1,081,000 |
- |
£1,081,000 |
- |
£1,081,000 |
- |
£1,081,000 |
- |
£1,081,000 |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
-100% |
£464,000 |
107.1% |
£224,000 |
|
|
Shareholder Funds |
£157,583,000 |
24.2% |
£126,840,000 |
23% |
£103,144,000 |
30.7% |
£78,910,000 |
21.8% |
£64,775,000 |
Other
Financial Items
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Net Worth |
£157,583,000 |
24.2% |
£126,840,000 |
23% |
£103,144,000 |
30.7% |
£78,910,000 |
21.8% |
£64,775,000 |
|
|
Working Capital |
£170,090,000 |
21.8% |
£139,621,000 |
23% |
£113,517,000 |
32.7% |
£85,549,000 |
-19.9% |
£106,778,000 |
|
|
Total Assets |
£312,739,000 |
15.1% |
£271,777,000 |
13.4% |
£239,721,000 |
19.9% |
£199,851,000 |
33.7% |
£149,506,000 |
|
|
Total Liabilities |
£155,156,000 |
7.1% |
£144,937,000 |
6.1% |
£136,577,000 |
12.9% |
£120,941,000 |
42.7% |
£84,731,000 |
|
|
Net Assets |
£157,583,000 |
24.2% |
£126,840,000 |
23% |
£103,144,000 |
30.7% |
£78,910,000 |
21.8% |
£64,775,000 |
Miscellaneous
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
Capital Employed |
£181,838,000 |
20% |
£151,494,000 |
20.3% |
£125,944,000 |
27.4% |
£98,877,000 |
-14.8% |
£116,016,000 |
|
|
Number of Employees |
1017 |
20.1% |
847 |
204.7% |
278 |
-61.3% |
719 |
389.1% |
147 |
|
Auditors |
PRICEWATERHOUSECOOPERS LLP |
|||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
|||||||||
|
Bankers |
HSBC BANK PLC |
|||||||||
|
Bank Branch Code |
40-22-47 |
|||||||||
Ratios
|
Date Of Accounts |
31/12/13 |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
|
|
|
Pre-tax profit margin % |
15.05 |
12.87 |
11.67 |
9.80 |
-10.05 |
|
|
Current ratio |
2.30 |
2.16 |
2 |
1.85 |
4.19 |
|
|
Sales/Net Working Capital |
1.66 |
2.06 |
2.72 |
2.78 |
0.55 |
|
|
Gearing % |
15.40 |
19.40 |
22.10 |
25.30 |
79.10 |
|
|
Equity in % |
50.40 |
46.70 |
43 |
39.50 |
43.30 |
|
|
Creditor Days |
40.54 |
25.19 |
27.67 |
42.43 |
52.90 |
|
|
Debtor Days |
63.25 |
59.42 |
74.05 |
95.40 |
113.01 |
|
|
Liquidity/Acid Test |
1.97 |
1.78 |
1.62 |
1.43 |
3.74 |
|
|
Return On Capital Employed % |
23.35 |
24.38 |
28.58 |
23.55 |
-5.08 |
|
|
Return On Total Assets Employed % |
13.57 |
13.59 |
15.01 |
11.65 |
-3.94 |
|
|
Current Debt Ratio |
0.83 |
0.94 |
1.10 |
1.27 |
0.51 |
|
|
Total Debt Ratio |
0.98 |
1.14 |
1.32 |
1.53 |
1.30 |
|
|
Stock Turnover Ratio % |
14.84 |
15.80 |
13.83 |
17.59 |
25.47 |
|
|
Return on Net Assets Employed % |
26.94 |
29.12 |
34.90 |
29.50 |
-9.09 |
Status
History
No status history found
Event
History
|
Date |
Description |
|
28/11/2014 |
New Accounts Filed |
|
28/11/2014 |
New Accounts Filed |
|
09/08/2014 |
Annual Returns |
|
05/12/2013 |
New Accounts Filed |
|
05/12/2013 |
New Accounts Filed |
|
21/08/2013 |
Annual Returns |
|
18/03/2013 |
Mr P.C. Widman has left the board |
|
18/03/2013 |
New Board Member Mr K.P. Bradley appointed |
|
02/10/2012 |
New Accounts Filed |
|
02/10/2012 |
New Accounts Filed |
|
08/08/2012 |
Annual Returns |
|
05/11/2011 |
New Accounts Filed |
|
12/10/2011 |
New Accounts Filed |
|
12/10/2011 |
New Accounts Filed |
|
08/08/2011 |
Annual Returns |
Previous
company names
|
Date |
Previous Name |
|
25/09/2009 |
POWERSCREEN INTERNATIONAL LIMITED |
|
12/11/2004 |
POWERSCREEN INTERNATIONAL DISTRIBUTION LIMITED |
|
01/01/2000 |
POWERSCREEN INTERNATIONAL LIMITED |
|
02/01/1950 |
POWERSCREEN INTERNATIONAL LIMITED |
|
01/01/1950 |
POWERSCREEN INTERNATIONAL DISTRIBUTION LIMITED |
|
01/01/1800 |
POWERSCREEN INTERNATIONAL LIMITED |
Group
Structure
|
Company Name |
Registered Number |
Latest Key
Financials |
Consol. Accounts |
Turnover |
|
|
- |
- |
$7,084,000,000 |
|
|
|
HRB 72305 |
31.12.2013 |
N |
€48,025,740 |
|
|
HRB 5537 |
- |
- |
|
|
|
04213248 |
31.12.2013 |
N |
|
|
|
02450667 |
31.12.2013 |
N |
£28,834,000 |
|
|
- |
- |
||
|
|
03581550 |
31.12.2013 |
N |
|
|
|
02452185 |
31.12.2013 |
Y |
£43,119,000 |
|
|
03391393 |
31.12.2013 |
N |
|
|
|
N/A |
- |
- |
|
|
|
27197330 |
31.12.2013 |
N |
|
|
|
IE058299 |
31.12.2013 |
N |
|
|
|
HRB 30291 |
31.12.2012 |
N |
€562,349,357 |
|
|
02645469 |
31.12.2013 |
N |
£27,523,000 |
|
|
N/A |
- |
- |
|
|
|
37090102 |
31.12.2013 |
N |
|
|
|
02962659 |
31.12.2013 |
N |
|
|
|
02502094 |
31.12.2013 |
N |
|
|
|
02675769 |
31.12.2013 |
N |
|
|
|
02740191 |
31.12.2013 |
N |
|
|
|
00480679 |
31.12.2013 |
N |
|
|
|
02542578 |
31.12.2013 |
N |
|
|
|
02723989 |
31.12.2013 |
N |
|
|
|
00825420 |
31.12.2013 |
N |
|
|
|
02197706 |
31.12.2013 |
N |
|
|
|
02911177 |
31.12.2013 |
N |
|
|
|
00986465 |
31.12.2013 |
N |
|
|
|
01912852 |
31.12.2013 |
N |
|
|
|
00102619 |
31.12.2013 |
N |
|
|
|
03087561 |
31.12.2013 |
N |
|
|
|
03720364 |
31.12.2013 |
N |
|
|
|
NI013550 |
31.12.2013 |
N |
|
|
|
NI014047 |
31.12.2013 |
N |
|
|
|
02881575 |
31.12.2013 |
N |
|
|
|
00258409 |
31.12.2013 |
N |
£12,410,000 |
|
|
IE030326 |
31.12.2013 |
N |
|
|
|
02602451 |
31.12.2013 |
N |
|
|
|
00494347 |
31.12.2013 |
N |
£128,681,000 |
|
|
NI006669 |
31.12.2013 |
N |
£282,202,000 |
|
|
SC086323 |
31.12.2013 |
N |
£126,850,000 |
|
|
SC113609 |
31.12.2013 |
N |
|
|
|
04958960 |
31.12.2013 |
N |
£3,904,306 |
|
|
IE327184 |
31.12.2013 |
N |
€22,877,000 |
Exact
CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
13/08/2014 |
ENNISKILLEN COURT OFFICE |
£1,927 |
Judgment |
14/067921 |
- |
|
08/05/2009 |
BIRKENHEAD |
£153 |
Judgment |
9BI50629 |
- |
Possible
CCJs Details
There are no possible CCJ details
Mortgage
Details
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
23/08/00 |
||
|
Date Charge Registered: |
31/08/00 |
||
|
Date Charge Satisfied: |
11/10/06 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
N/A |
||
|
Details: |
ALL MONIES. DEBENTURE. LEGAL MORTGAGE ON ALL FREEHOLD AND LEASEHOLD LAND NOW VESTED IN THE COMPANY TOGETHER WITH ALL FIXTURES FITTINGSAND FIXED PLANT AND MACHINERY NOW OR AT ANY TIME HEREAFTER THEREON: SEE DOC 139 FOR FURTHER DETAILS |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
23/08/00 |
||
|
Date Charge Registered: |
31/08/00 |
||
|
Date Charge Satisfied: |
11/10/06 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
HSBC BANK PLC |
||
|
Amount Secured: |
N/A |
||
|
Details: |
ALL MONIES. FIXED CHARGE ON BOOK DEBTS. FIXED CHARGE ON ALL BOOK DEBTS AND OTHER DEBTS NOW AND FROM TIME TO TIME HEREAFTER DUE OWING OR INCURRED TO THE |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
04/03/99 |
||
|
Date Charge Registered: |
25/03/99 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
BANK OF IRELAND |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE. ALL THOSE THE LANDS HEREDITAMENTS PREMISES AND MACHINERY AS DETAILED INDOC 123 ON THE MAIN FILE. COMPANY |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
04/03/99 |
||
|
Date Charge Registered: |
25/03/99 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
BANK OF IRELAND |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE. ALL THOSE THE LANDS HEREDITAMENTS PREMISES AND MACHINERY AS DETAILED INDOC 123 ON THE MAIN FILE. |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
04/03/99 |
||
|
Date Charge Registered: |
25/03/99 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
BANK OF IRELAND |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE. ALL THOSE THE LANDS HEREDITAMENTS PREMISES AND MACHINERY AS DETAILED INDOC 123 ON THE MAIN FILE. |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
04/03/99 |
||
|
Date Charge Registered: |
25/03/99 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
ALLIED IRISH BANKS |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE. ALL THOSE THE LANDS HEREDITAMENTS PREMISES AND MACHINERY AS DETAILED INDOC 123 ON THE MAIN FILE. |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
04/03/99 |
||
|
Date Charge Registered: |
25/03/99 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
SMURFIT PARIBAS BANK |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE. ALL THOSE THE LANDS HEREDITAMENTS PREMISES AND MACHINERY AS DETAILED INDOC 123 ON THE MAIN FILE. |
||
|
Mortgage Type: |
MORTGAGE OR CHARGE |
||
|
Date Charge Created: |
26/03/98 |
||
|
Date Charge Registered: |
09/04/98 |
||
|
Date Charge Satisfied: |
29/08/00 |
||
|
Status: |
SATISFIED |
||
|
Person(s) Entitled: |
AND OTHERS BANK OF IRELAND |
||
|
Amount Secured: |
N/A |
||
|
Details: |
COMPOSITE DEBENTURE, ALL MONIES. AS DETAILED MORE SPECIFICALLY IN DOC 112 ON THE MAIN FILE. PREMISES AT 200 COALISLAND ROAD, EDENDORK. |
||
Previous
Director/Company Secretaries
|
Name |
Current
Directorships |
Previous
Directorships |
|
John Frank William Kennerley |
3 |
26 |
|
Joseph Apuzzo |
18 |
26 |
|
Gary McConville |
0 |
1 |
|
Donald Campbell |
0 |
1 |
|
Fergus Baillie |
0 |
1 |
|
Kerry O'Sullivan |
0 |
1 |
|
Colin Robertson |
0 |
1 |
|
Philip Charles Widman |
0 |
2 |
|
Phillip Charles Widman |
4 |
38 |
|
Liam McKillion |
1 |
1 |
|
Hubert John Watson |
0 |
36 |
|
Gerry Liam Conway |
9 |
1 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.45 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.