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Report No. : |
309805 |
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Report Date : |
27.02.2015 |
IDENTIFICATION DETAILS
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Name : |
JOHNSON MATTHEY |
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Registered Office : |
Orchard Road |
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Country : |
United Kingdom |
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Date of Incorporation : |
01.01.2002 |
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|
Legal Form : |
Non Limited Company |
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Line of Business : |
Subject is engaged in manufacturing of other non-ferrous metal product. |
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|
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No. of Employee : |
1250 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Unknown |
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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 Kingdome |
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 US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops below 6.5% or inflation rises above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and reduce them further as conditions warranted; the Fed, however, would keep short-term rates near zero so long as unemployment and inflation had not crossed the previously stated thresholds. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
|
Source
: CIA |
JOHNSON MATTHEY
Company No: 987761
Royston Hertfordshire Sg8 5he
Non Limited Company
|
Company
Name |
JOHNSON MATTHEY |
|
|
Trading
Address |
ORCHARD ROAD |
|
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Post
Code |
SG8 5HE |
|
|
Senior
Executive |
MR JOHN WALKER |
|
|
Position |
DIVISIONAL DIRECTOR |
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Date
At Address |
01/01/2002 |
|
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Telephone
Number |
01763 253000 - View Details |
|
|
TPS |
Y |
|
|
Premises
Type |
Manufacturing |
|
Number
of Employees |
1250 |
|
Business
Classification |
NON FERROUS METALS PRODUCTION OF |
|
SIC03 |
27450 |
|
SIC03
Description |
Other non-ferrous metal production |
|
Fax
Number |
|
|
FPS |
N |
|
Website
Address |
http://www.matthey.com |
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Exact CCJ's |
0 |
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Possible CCJ's |
0 |
|
|
Exact Name & Address |
0 |
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Exact Address |
0 |
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|
Exact Name |
0 |
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This company has been treated as a Non Limited company
in respect of the rating/limit generated. |
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This company has made late payments on a medium
percentage of invoices. |
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This company trades in an industry with a moderate level
of corporate failures. |
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This company is based in a geographical area with a
moderate level of corporate failures. |
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|
This company operates from a type of property which has
been associated with a higher risk of corporate failure. |
|
No CCJ`s Found |
|
No CCJ`s Found |
“Possible Address CCJ matches
show CCJs that may be matched to a company based on various criteria such as
similar trading names or addresses. This data is provided for your information
only as an aid to decision-making and does not affect a company’s rating.”
|
No CCJ`s Found |
“Possible Name CCJ matches
show CCJs that may be matched to a company based on various criteria such as
similar trading names or addresses. This data is provided for your information only
as an aid to decision-making and does not affect a company’s rating.”
Other Limited Companies which
match this Company Name & Address - 0 Results found
Other Non Limited
Companies which match this Company Name & Address - 1 Result found
Other Companies which
match this Company Address - 0 Results found
Other Limited
Companies which match this Company Name - 0 Results found
Other Non Limited
Companies which match this Company Name - 3 Results found
Directors last filed
addresses which have been matched to this company’s postcode - 0 Results found
Other Companies that
match this Telephone Number - 0 Results found
|
Company
Address Company
Name |
JOHNSON MATTHEY |
|
|
|
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House
Name / Number |
Telephone Number 01763 253000 |
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Street |
ORCHARD ROAD |
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Locality |
if you would like to search by an alternative company
address or telephone number, please do so |
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City
/ Town |
ROYSTON |
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Post
Code |
SG8 5HE |
This company has been matched
to SIC Code 2745 classified as Other non-ferrous metal production
There are 322 companies within this classification.
|
SIC03 |
Newly
Incorporated |
Small
Companies |
Medium
to Large Companies |
||
|
2745 |
4 |
53 |
76 |
|
SIC03 |
Newly
Incorporated |
Small
Companies |
Medium
to Large Companies |
||
|
2745 |
£68 |
£14,001 |
£398,241 |
|
SIC03 |
CCJ`s |
Value |
|||
|
2745 |
48 |
£141,118 |
|
SIC03 |
Bankruptcy |
Administration |
Liquidation |
Wound
Up |
|
|
2745 |
0 |
3 |
25 |
0 |
There are no notes to
display.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.94 |
|
|
1 |
Rs.96.24 |
|
Euro |
1 |
Rs.70.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.