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Report Date : |
03.01.2015 |
IDENTIFICATION DETAILS
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Name : |
GERARD LABORATORIES (IRELAND) LIMITED |
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Formerly Known as : |
EDENTATA LIMITED |
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Registered Office : |
Unit 35/36, Baldoyle Industrial Estate, Dublin 13, 216410 |
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Country : |
Ireland |
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Date of Incorporation : |
01.08.1991 |
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Com. Reg. No.: |
IE177197 |
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Legal Form : |
Dormant Company |
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Line of Business : |
Subject is a Non-Trading Company |
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No of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Dormant Company |
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Payment Behaviour : |
---- |
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Litigation : |
---- |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Ireland |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Ireland ECONOMIC OVERVIEW
Ireland is a small, modern, trade-dependent
economy. Ireland was among the initial group of 12 EU nations that began
circulating the euro on 1 January 2002. GDP growth averaged 6% in 1995-2007,
but economic activity has dropped sharply since the onset of the world
financial crisis. Ireland entered into a recession in 2008 for the first time
in more than a decade, with the subsequent collapse of its domestic property
market and construction industry. Property prices rose more rapidly in Ireland
in the decade up to 2007 than in any other developed economy. Since their 2007
peak, average house prices have fallen 47%. In the wake of the collapse of the
construction sector and the downturn in consumer spending and business
investment, the export sector, dominated by foreign multinationals, has become
an even more important component of Ireland's economy. Agriculture, once the
most important sector, is now dwarfed by industry and services. In 2008 the
former COWEN government moved to guarantee all bank deposits, recapitalize the
banking system, and establish partly-public venture capital funds in response
to the country's economic downturn. In 2009, in continued efforts to stabilize
the banking sector, the Irish Government established the National Asset
Management Agency (NAMA) to acquire problem commercial property and development
loans from Irish banks. Faced with sharply reduced revenues and a burgeoning
budget deficit, the Irish Government introduced the first in a series of
draconian budgets in 2009. In addition to across-the-board cuts in spending,
the 2009 budget included wage reductions for all public servants. These
measures were not sufficient to stabilize Ireland’s public finances. In 2010,
the budget deficit reached 32.4% of GDP - the world's largest deficit, as a
percentage of GDP - because of additional government support for the country’s
deeply troubled banking sector. In late 2010, the former COWEN government
agreed to a $92 billion loan package from the EU and IMF to help Dublin
recapitalize Ireland’s fragile banking sector and avoid defaulting on its
sovereign debt. Since entering office in March 2011, the new KENNY government
has intensified austerity measures to try to meet the deficit targets under
Ireland's EU-IMF program. Ireland has grown slowly since 2011, but managed to reduce
the budget deficit to 7.2% of GDP in 2013. In late 2013, Ireland formally
exited its EU-IMF bailout program, benefiting from its strict adherence to
deficit-reduction targets and success in refinancing a large amount of
banking-related debt.
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Source : CIA |
Company
Name: GERARD LABORATORIES
(IRELAND) LIMITED
Company No:
IE177197
Company
Status: Dormant Company
Company Summary
Registered Address
UNIT 35/36
BALDOYLE INDUSTRIAL ESTATE
DUBLIN 13
216410
Trading Address
UNIT 35/36
BALDOYLE INDUSTRIAL ESTATE
DUBLIN 13
DUBLIN 13
216410
Website Address: -
Telephone Number: -
Fax Number -
TPS: No
FPS: No
Incorporation Date: 01/08/1991
Previous Name: EDENTATA LIMITED
Type: Other
FTSE Index: -
Date of Change: -
Filing Date of Accounts: -
Currency: EUR
Share Capital: €125
SIC07: 74990
Charity Number: -
SIC07 Description: NON-TRADING COMPANY
Principal Activity: The company did not trade during y/e 31.12.13.
Current Directors
|
Name |
Date of
Birth |
18/08/1962 |
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Officers
Title |
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Nationality |
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Present
Appointments |
10 |
Function |
Director |
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Appointment
Date |
01/12/2010 |
|
|
|
Address |
44 AVOCA
PARK, BLACKROCK, CO DUBLIN |
||
|
Name |
Date of
Birth |
11/08/1959 |
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Officers
Title |
|
Nationality |
|
|
Present
Appointments |
4 |
Function |
Director |
|
Appointment
Date |
18/12/2007 |
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|
|
Address |
5 CASTLE
AVENUE, CLONTARF, DUBLIN 3. |
||
CJ
|
Total
Number of Exact CJs - |
Total
Value of Exact CJs - |
||
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Total
Number of Possible CJs - |
Total
Value of Possible CJs - |
||
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Total
Number of Satisfied CJs - |
Total
Value of Satisfied CJs - |
Writ Details
|
No writs
found |
Top 20
Shareholders
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
|
MCDERMOTT LABORATORIES LTD |
EUR |
100 |
ORDINARY |
1.25 |
Unable to report percentage holdings as filed Shareholder listing is not full.
Payment
Information
Company DBT
Payment Trend
Customer Payment Experiences
Within terms 91+ Days
|
Number of
Experiences |
- |
Customer
Payment Experiences are supplied users based on their payment experience with
their customers.
Trade
Payment Information
|
Average
Invoice Value |
1873.66 |
|
Invoices
available |
5 |
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Paid |
5 |
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Outstanding |
0 |
Trade
Payment Data is information that we collect from selected third party partners
who send us information about their whole sales ledger.
Summary
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Holding Company |
- |
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Ownership
Status |
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Ultimate
Holding Company |
- |
Trade Debtors /
Bad Debt Summary
Total
Number of Documented Trade
0
Total Value
of Documented Trade
€0
|
Auditors |
DELOITTE
& TOUCHE |
|
Auditor
Comments |
The audit
report contains no adverse comments |
|
Total
Current Directors |
2 |
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Total
Current Secretaries |
1 |
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Total
Previous Directors / Company Secretaries |
16 |
Current Company
Secretary
|
Name |
Date of
Birth |
18/08/1962 |
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Officers
Title |
|
Nationality |
|
|
Present
Appointments |
10 |
Function |
Company
Secretary |
|
Appointment
Date |
01/12/2010 |
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|
|
Address |
44 AVOCA
PARK, BLACKROCK, CO DUBLIN |
||
Status History
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No Status
History found |
Event History
|
Date |
Description |
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18/12/2014 |
Annual
Returns |
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02/12/2014 |
New
Accounts Filed |
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14/12/2013 |
New
Accounts Filed |
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12/12/2013 |
Annual
Returns |
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17/01/2013 |
New
Accounts Filed |
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16/01/2013 |
Annual
Returns |
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10/12/2011 |
Annual
Returns |
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10/12/2011 |
New
Accounts Filed |
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07/12/2010 |
Annual
Returns |
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07/12/2010 |
New
Accounts Filed |
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01/12/2010 |
JOHN
HANNON has left the board |
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01/12/2010 |
JOHN
HANNON has resigned as company secretary |
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01/12/2010 |
New Board
Member (PAUL WOODS) appointed |
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01/12/2010 |
New
Company Secretary (PAUL WOODS) appointed |
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20/09/2010 |
Annual
Returns |
History
|
Date |
Description |
|
09/01/2009 |
Dormant
Company |
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24/12/2008 |
Financial
Statements too old |
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05/11/2007 |
Non trading |
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31/08/2007 |
Dormant
Company |
Previous Company
Names
|
Date |
Previous Name |
|
N/A |
EDENTATA
LIMITED |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.29 |
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UK Pound |
1 |
Rs.98.39 |
|
Euro |
1 |
Rs.76.31 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.