MIRA INFORM REPORT

Report No. :	352934
Report Date :	03.12.2015

IDENTIFICATION DETAILS

Name :	DUNLOP OIL & MARINE LIMITED

Registered Office :	Moody Lanepyewipegrimsbydn31 2sy

Country :	United Kingdom

Financials (as on) :	31.12.2014

Date of Incorporation :	26.11.1997

Com. Reg. No.:	03471656

Legal Form :	Private limited with Share Capital

Line of Business :	The manufacture and sale of oil and marine hoses and associated equipment to a worldwide market.

No. of Employee :	333 (2014)

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	Slow but correct

Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

United Kingdom

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. 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 has been a net importer of energy since 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.

In 2008, 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. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. 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 20% by 2015. However, the deficit still remains one of the highest in the G7, standing at 6.0% in 2014.

In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

The Bank of England (BoE) implemented an asset purchase program of �375 billion (approximately $586 billion) as of December 2014. 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).

Source : CIA

Company Name and Address

DUNLOP OIL & MARINE LIMITED

MOODY LANEPYEWIPEGRIMSBYDN31 2SY

Company No

03471656

Company Status

Active - Accounts Filed

Company Summary

Registered Address MOODY LANE
PYEWIPE
GRIMSBY
DN31 2SY

Trading Address Moody Lane
Pyewipe
Grimsby
South Humberside
DN31 2SY

Website Address http://www.dunlop-oil-marine.co.uk

Telephone Number 01472359281

Fax Number

TPS No

FPS No

Incorporation Date 26/11/1997

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 24/09/2015

Currency GBP

Share Capital £7,300

SIC07 22190

Charity Number -

SIC07 Description MANUFACTURE OF OTHER RUBBER PRODUCTS

Principal Activity The manufacture and sale of oil and marine hoses and associated equipment to a worldwide market.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2014 £81,037,000 £6,542,000 £13,050,000 333

31/12/2013 £106,781,000 £13,937,000 £12,220,000 338

31/12/2012 £92,813,000 £14,339,000 -£555,000 328

Mortgage Summary

Total Mortgage 1

Outstanding 0

Satisfied 1

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 -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	1	Total Value of Possible CCJs -	£5,185
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	1
Total Current Secretaries	0
Total Previous Directors / Company Secretaries	18

Current Directors

Name	Ali Reza Kambiez Zandiyeh	Date of Birth	25/12/1960
Officers Title	Dr	Nationality	British
Present Appointments	5	Function	Director
Appointment Date	01/10/2007
Address	Moody Lane, Pyewipe, Grimsby, Ne Lincolnshire, DN31 2SY

Current Company Secretary

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
PHOENIX OIL & MARINE LTD	GBP	7,300	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Turnover	£81,037,000	-24.1%	£106,781,000	15%	£92,813,000	86.7%	£49,710,000	16.4%	£42,721,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Export	£70,350,000	-23.8%	£92,380,000	7.9%	£85,626,000	76.4%	£48,538,000	16.8%	£41,557,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Wages & Salaries	£15,437,000	5.3%	£14,666,000	7.5%	£13,639,000	54.7%	£8,817,000	6.7%	£8,261,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Directors Emoluments	£254,000	-33.9%	£384,000	19.6%	£321,000	0.9%	£318,000	31.4%	£242,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Operating Profit	£7,313,000	-50.2%	£14,683,000	-2%	£14,976,000	999.9%	-£800,000	88.9%	-£7,189,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Depreciation	£1,171,000	25.5%	£933,000	12.4%	£830,000	29.9%	£639,000	4.2%	£613,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Audit Fees	£45,000	12.5%	£40,000	-33.3%	£60,000	93.5%	£31,000	6.9%	£29,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Interest Payments	£2,857,000	16.5%	£2,453,000	19.1%	£2,059,000	999.9%	£162,000	76.1%	£92,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Pre Tax Profit	£6,542,000	-53.1%	£13,937,000	-2.8%	£14,339,000	999.9%	-£976,000	86.4%	-£7,180,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Taxation	-£2,147,000	51.7%	-£4,449,000	1.9%	-£4,533,000	-207.7%	-£1,473,000	-205.2%	£1,400,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Profit After Tax	£4,395,000	-53.7%	£9,488,000	-3.2%	£9,806,000	500.4%	-£2,449,000	57.6%	-£5,780,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Retained Profit	£4,395,000	-53.7%	£9,488,000	-3.2%	£9,806,000	500.4%	-£2,449,000	57.6%	-£5,780,000

Balance Sheet

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Tangible Assets	£10,599,000	0.5%	£10,543,000	12.3%	£9,389,000	-78.4%	£43,496,000	544.3%	£6,751,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Intangible Assets	£20,341,000	-11.4%	£22,951,000	-10.2%	£25,561,000	-9.3%	£28,171,000	137.1%	£11,879,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Fixed Assets	£30,940,000	-7.6%	£33,494,000	-4.2%	£34,950,000	-51.2%	£71,667,000	284.7%	£18,630,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Stock	£6,596,000	1.2%	£6,521,000	-24.8%	£8,673,000	43.1%	£6,059,000	59.2%	£3,807,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Trade Debtors	£21,174,000	-1.1%	£21,403,000	-33.3%	£32,106,000	40%	£22,931,000	205.3%	£7,512,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Cash	£35,000	-96.7%	£1,075,000	379.9%	£224,000	12.6%	£199,000	148.8%	£80,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Other Debtors	£6,688,000	-90.9%	£73,174,000	114.2%	£34,164,000	67.6%	£20,380,000	205.8%	£6,664,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Current Assets	£34,493,000	-66.2%	£102,173,000	35.9%	£75,167,000	51.6%	£49,569,000	174.4%	£18,063,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Trade Creditors	£10,153,000	-7.9%	£11,024,000	-9.2%	£12,143,000	16.4%	£10,428,000	64.9%	£6,322,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Other Short Term Finance	£22,350,000	-75.1%	£89,592,000	24.5%	£71,960,000	-12%	£81,727,000	999.9%	£6,865,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	£9,163,000	-30.5%	£13,177,000	74.3%	£7,558,000	18.5%	£6,378,000	315%	£1,537,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Current Liabilities	£41,666,000	-63.4%	£113,793,000	24.1%	£91,661,000	-7%	£98,533,000	569.2%	£14,724,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£10,717,000	11%	£9,654,000	-49.2%	£19,011,000	-40%	£31,702,000	30.1%	£24,368,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	£10,717,000	11%	£9,654,000	-49.2%	£19,011,000	-40%	£31,702,000	30.1%	£24,368,000

Capital & Reserves

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Called Up Share Capital	£7,000	-	£7,000	-	£7,000	-	£7,000	-	£7,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	P & L Account Reserve	£5,750,000	16.9%	£4,920,000	162.6%	-£7,855,000	51.8%	-£16,299,000	-68%	-£9,699,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Sundry Reserves	£7,293,000	-	£7,293,000	-	£7,293,000	-	£7,293,000	-	£7,293,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Shareholder Funds	£13,050,000	6.8%	£12,220,000	999.9%	-£555,000	93.8%	-£8,999,000	-275.1%	-£2,399,000

Other Financial Items

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Net Worth	-£7,291,000	32.1%	-£10,731,000	58.9%	-£26,116,000	29.7%	-£37,170,000	-160.3%	-£14,278,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Working Capital	-£7,173,000	38.3%	-£11,620,000	29.6%	-£16,494,000	66.3%	-£48,964,000	-999.9%	£3,339,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Assets	£65,433,000	-51.8%	£135,667,000	23.2%	£110,117,000	-9.2%	£121,236,000	230.4%	£36,693,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Liabilities	£52,383,000	-57.6%	£123,447,000	11.5%	£110,672,000	-15%	£130,235,000	233.2%	£39,092,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Net Assets	£13,050,000	6.8%	£12,220,000	999.9%	-£555,000	93.8%	-£8,999,000	-275.1%	-£2,399,000

Cash Flow

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Capital Employed	£23,767,000	8.7%	£21,874,000	18.5%	£18,456,000	-18.7%	£22,703,000	3.3%	£21,969,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Number of Employees	333	-1.5%	338	3%	328	53.3%	214	3.4%	207
	Accountants
	Auditors	KPMG LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BARCLAYS BANK PLC
	Bank Branch Code

Ratios

	Date Of Accounts	31/12/14	31/12/13	31/12/12	31/12/11	31/12/10
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	8.07	13.05	15.45	-1.96	-16.81
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Current ratio	0.83	0.90	0.82	0.50	1.23
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-11.30	-9.19	-5.63	-1.02	12.79
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Gearing %	82.10	79	-3425.40	-352.30	-1015.80
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Equity in %	28.90	10.80	-0.70	-9.70	-9.70
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Creditor Days	45.60	37.57	47.62	76.35	53.86
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Debtor Days	95.10	72.95	125.91	167.91	64
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	0.66	0.84	0.72	0.44	0.96
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Return On Capital Employed %	27.52	63.71	77.69	-4.29	-32.68
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	9.99	10.27	13.02	-0.80	-19.56
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Current Debt Ratio	3.19	9.31	-165.15	-10.94	-6.13
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Total Debt Ratio	4.01	10.10	-199.40	-14.47	-16.29
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	8.13	6.10	9.34	12.18	8.91
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	50.13	114.05	-2583.60	10.84	299.29

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
08/10/2015	New Accounts Filed
19/12/2014	Annual Returns
13/09/2014	New Accounts Filed
13/09/2014	New Accounts Filed
05/05/2014	Mr M. Sloan has left the board
05/05/2014	Mr M. Sloan has resigned as company secretary
13/12/2013	Annual Returns
28/09/2013	New Accounts Filed
28/09/2013	New Accounts Filed
12/01/2013	New Accounts Filed
12/01/2013	New Accounts Filed
03/12/2012	Annual Returns
05/12/2011	Annual Returns
26/07/2011	New Accounts Filed
26/07/2011	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	41 companies
Linkages	1176 companies
Countries	In 71 countries

Summary

Holding Company	PHOENIX OIL & MARINE LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	CONTINENTAL AG

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL AG	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CAS UK HOLDING LTD	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL AUTOMOTIVE...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CAS UK HOLDING LIMITED	04684092	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ APPLICATION SOLUTI...	06437845	31.12.2014	N	£3,632,914
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL ENGINE...	03467939	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ ZYTEK GROUP LIMITED	03125249	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ ZYTEK AUTOMOTIV...	03125253	31.12.2014	N	£10,958,846
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ CONTINENTAL TEVES...	00700225	31.12.2014	N	£34,834,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CONTINENTAL AUTOMOTIVE...	HRB 59424	31.12.2006	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL GLOBAL HOL...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ ADVANCE TYRE COMPANY...	IE016846	31.12.2014	Y	€28,564,122
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL U.K. GRO...	00566118	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CONTINENTAL TYRE I...	04914878	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CONTINENTAL INVEST...	02372255	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL TYRES...	01759120	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL TYRE...	00296602	31.12.2014	N	£397,048,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ SEMPERIT(U.K.)L...	00425090	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ VIKING TYRES (UK)...	00864474	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL TRADING GMBH	HRB 7796	30.09.2008	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL AUTOMOTI...	04114756	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CONTINENTAL AUTOMO...	02375012	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTINENTAL AUTOMO...	00965702	31.12.2014	N	£45,496,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ OMITEC GROUP LIMITED	03561297	31.12.2013	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ OMITEC LIMITED	00998111	31.12.2013	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ P-TEC AUTOMOTIV...	03683713	31.12.2013	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ CRYPTON LIMITED	03451389	31.12.2013	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ CONTINENTAL AUTOMO...	00976731	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ CONTITECH AG	HRB 62105	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTITECH HOLDING NETH...	24254769	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ CONTITECH UNITED KIN...	01076936	31.12.2014	N	£21,948,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ CONTITECH HOLDINGS BV	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ SPECIALISED BELTING...	02393041	31.12.2013	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ PHOENIX AG	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ PHOENIX FLUID HANDLI...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ PHOENIX FLUID HANDLING...	HRB 71166	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ PHOENIX OIL & MARINE...	04012370	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\tminus.gif$ DUNLOP OIL & MARIN...	03471656	31.12.2014	N	£81,037,000
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ PHOENIX DUNLOP PE...	04122355	31.12.2014	N
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\T.gif$ PHOENIX FLUID HANDLING...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DUNLOP OIL & MARINE LIMITED_files\L.gif$ TYRE REINSURANCE (IREL...	IE168057	31.12.2014	N	€8,883,220

Mortgage Details

Mortgage Type:	DEBENTURE
Date Charge Created:	12/12/97
Date Charge Registered:	23/12/97
Date Charge Satisfied:	27/04/01
Status:	SATISFIED
Person(s) Entitled:	THE FUJI BANK LIMITED (AS TRUSTEE FOR AND ON BEHALF OF THE BENEFICIARIES)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE OR ANY OF THE OTHER BENEFICIARIES (AS DEFINED) UNDER ORPURSUANT TO THE FACILITY DOCUMENTS (AS DEFINED) (INCLUDING THE DEBENTURE) AND INCLUDING FURTHER ADVANCES
Details:	. FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Previous Director/Company Secretaries

Name	Current Directorships		Previous Directorships
Laurence Cant	34		72
Peter Neale	10		5
Peter Neale	10		5
Alan Pryar	0		2
Brian Ripley	0		9
Woodrow Ted Minick	36		82
Woodrow Ted Minick	36		82
Uwe Karl-Heinz Bangert	0		5
Michael Maurer	0		2
Burkhard Miester	0		2
Michael Sloan	3		6
Michael Sloan	3		6
Hans Joachim Albrecht Zwarg	0		5
Bryan Allison	0		5
Gunter Frolich	0		2
INSTANT COMPANIES LIMITED	2431		120340
SWIFT INCORPORATIONS LIMITED	2579		263489
Simon Marsden	5		14
Average Invoice Value		Ł2396.18
Invoices available		880
Paid		857
Outstanding		23

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

	Within Terms	0-30 Days	31-60 Days	61-90 Days	91+ Days
Paid	289	424	129	11	4
Outstanding	15	4	3	0	1

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.62
UK Pound	1	Rs.100.34
Euro	1	Rs.70.67
GBP	1	Rs.99.58

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	KAS

Report Prepared by :	TRU

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%)

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.

Name	Number	Latest Key Financials	Turnover
FAURECIA	542005376	31.12.2014	€213,601,000
EURODRIVE SERVICES AND DISTRIBUTION N.V.	33224954	31.12.2013
G.K.N. INDUSTRIES LIMITED	00032262	31.12.2014
CONTINENTAL AKTIENGESELLSCHAFT	HRB 3527	31.12.2014	€34,505,700,000
MANUF FRANC PNEUMATIQ MICHELIN	855200507	31.12.2014	€5,164,157,746
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN	855200887	31.12.2014	€503,954,000
GKN HOLDINGS PLC	00066549	31.12.2014	£6,982,000,000
PEUGEOT DEUTSCHLAND GMBH	HRB 76605	31.12.2013	€55,852,000,000
PEUGEOT SA	552100554	31.12.2012	€101,800,000
PCMA HOLDING B.V.	34308221	31.12.2013
GKN AEROSPACE SERVICES LIMITED	00355922	31.12.2014	£680,190,000
PEUGEOT CITROEN AUTOMOBILE SA	542065479	31.12.2013	€48,801,985,000
GKN AUTOMOTIVE LIMITED	00034104	31.12.2014	£4,172,000
FAURECIA AUTOMOTIVE GMBH	HRB 200283	31.12.2013	€4,127,120,000
DJ 56	538142597	31.12.2013	€4,385,727
AUTOMOBILES PEUGEOT	552144503	31.12.2014	€10,747,220,000
MICHELIN HOLDING (PAYS-BAS) B.V.	33152167	31.12.2006
GKN DRIVELINE BIRMINGHAM LIMITED	00121799	31.12.2014	£181,361,000
GKN PLC	04191106	31.12.2014	£6,982,000,000
GKN AUTOSTRUCTURES LIMITED	00600230	31.12.2014	£41,755,000