MIRA INFORM REPORT

Report No. :	333166
Report Date :	22.07.2015

IDENTIFICATION DETAILS

Name :	TRELLEBORG OFFSHORE UK LIMITED

Registered Office :	Trelleborg, International Drive Tewkesbury Business Park Tewkesbury Gl20 8UQ

Country :	United Kingdom

Financials (as on) :	31.12.2013

Date of Incorporation :	17.05.1978

Com. Reg. No.:	01369166

Legal Form :	Private limited with Share Capital

Line of Business :	Subject is manufacture of other plastic products

No. of Employee :	368 (2013)

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 :	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 – 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 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. 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 5.8% in 2013. 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). In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.8%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

Source : CIA

Company Name

TRELLEBORG OFFSHORE UK LIMITED

Company No

01369166

Registered Address

TRELLEBORG, INTERNATIONAL DRIVE TEWKESBURY BUSINESS PARK TEWKESBURY GL20 8UQ

Company Summary

Registered Address

TRELLEBORG, INTERNATIONAL DRIVE
TEWKESBURY BUSINESS PARK
TEWKESBURY
GL20 8UQ

Trading Address

Trelleborg
International Drive
Tewkesbury Business Park
Tewkesbury, Gloucestershire
GL20 8UQ

Website Address http://www.trelleborg.com

Telephone Number 01684857600

Fax Number

TPS Yes

FPS No

Incorporation Date 17/05/1978

Previous Name TRELLEBORG CRP LTD

Type Private limited with Share Capital

FTSE Index -

Date of Change 06/07/2009

Filing Date of Accounts 12/08/2014

Currency GBP

Share Capital 41,590

SIC07 22290

Charity Number -

SIC07 Description MANUFACTURE OF OTHER PLASTIC PRODUCTS

Principal Activity Leading designer and manufacturer of complex engineered solutions into the offshore oil, gas and marine sectors.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/12/2013 £77,157,000 £7,536,000 £54,217,000 368

31/12/2012 £60,340,000 £4,924,000 £48,483,000 310

31/12/2011 £50,240,000 -£7,358,000 £44,811,000 365

Mortgage Summary

Total Mortgage 13

Outstanding 2

Satisfied 11

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'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 -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	4
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	17

Current Directors

Name	Lars Evald Olsson	Date of Birth	09/08/1953
Officers Title	Mr	Nationality	Swedish
Present Appointments	6	Function	Director
Appointment Date	20/01/2006
Address	Rudbecksgatan 10a, Malmoe, Se 216 17
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Thor Hegg Eriksen	Date of Birth	28/05/1966
Officers Title	Mr	Nationality	Norwegian
Present Appointments	4	Function	Director
Appointment Date	11/05/2012
Address	Trelleborg, International Drive, Tewkesbury Business Park, Tewkesbury, GL20 8UQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Carl Fredrik Meuller	Date of Birth	01/12/1970
Officers Title	Mr	Nationality	Swedish
Present Appointments	1	Function	Director
Appointment Date	11/05/2012
Address	Trelleborg, International Drive, Tewkesbury Business Park, Tewkesbury, GL20 8UQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	John Paul Drury	Date of Birth	17/02/1971
Officers Title	Mr	Nationality	British
Present Appointments	4	Function	Director
Appointment Date	27/02/2015
Address	Trelleborg, International Drive, Tewkesbury Business Park, Tewkesbury, GL20 8UQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Current Company Secretary

Name	Ian Elcock	Date of Birth	12/09/1964
Officers Title	Mr	Nationality	British
Present Appointments	74	Function	Company Secretary
Appointment Date	20/01/2006
Address	Trelleborg, International Drive, Tewkesbury Business Park, Tewkesbury, GL20 8UQ
Other Actions		View Consumer Report	View Trace Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
CRP 1998 LTD	GBP	27,560	ORDINARY	1	66.27
CRP SECURITIES LTD	GBP	14,030	ORDINARY	1	33.73

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	£77,157,000	27.9%	£60,340,000	20.1%	£50,240,000	-20.2%	£62,984,000	26.7%	£49,703,000
Export	£49,046,000	46.9%	£33,395,000	6.3%	£31,415,000	-34.9%	£48,291,000	51.3%	£31,912,000
Cost of Sales	£50,082,000	28.7%	£38,911,000	9%	£35,712,000	-15.5%	£42,239,000	41.9%	£29,769,000
Gross Profit	£27,075,000	26.3%	£21,429,000	47.5%	£14,528,000	-30%	£20,745,000	4.1%	£19,934,000
Wages & Salaries	£16,639,000	17.6%	£14,146,000	-21.1%	£17,936,000	16.3%	£15,426,000	4.1%	£14,822,000
Directors Emoluments	£247,000	29.3%	£191,000	-71.4%	£668,000	45.5%	£459,000	-8.4%	£501,000
Operating Profit	£7,478,000	54.9%	£4,827,000	164.4%	-£7,495,000	-519.4%	£1,787,000	-8.5%	£1,953,000
Depreciation	£747,000	-24%	£983,000	-18%	£1,199,000	-3.8%	£1,246,000	-7.4%	£1,345,000
Audit Fees	£40,000	-7%	£43,000	-4.4%	£45,000	2.3%	£44,000	-	£44,000
Interest Payments	£3,000	-40%	£5,000	-	-	-	-	-100%	£3,000
Pre Tax Profit	£7,536,000	53%	£4,924,000	166.9%	-£7,358,000	-483.2%	£1,920,000	-8.2%	£2,091,000
Taxation	-£1,802,000	-43.9%	-£1,252,000	-167.3%	£1,859,000	408.3%	-£603,000	-6.9%	-£564,000
Profit After Tax	£5,734,000	56.2%	£3,672,000	166.8%	-£5,499,000	-517.5%	£1,317,000	-13.8%	£1,527,000
Dividends Payable	-	-	-	-	-	-	-	-	-
Retained Profit	£5,734,000	56.2%	£3,672,000	166.8%	-£5,499,000	-517.5%	£1,317,000	-13.8%	£1,527,000

Balance Sheet

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Tangible Assets	£11,158,000	34.7%	£8,282,000	16.5%	£7,112,000	-9%	£7,816,000	-8.3%	£8,520,000
Intangible Assets	£1,093,000	-25.9%	£1,475,000	-17.8%	£1,794,000	-12.5%	£2,051,000	-11.1%	£2,308,000
Total Fixed Assets	£12,251,000	25.6%	£9,757,000	9.6%	£8,906,000	-9.7%	£9,867,000	-8.9%	£10,828,000
Stock	£7,549,000	-29.9%	£10,768,000	84.3%	£5,842,000	-35.5%	£9,055,000	207.4%	£2,946,000
Trade Debtors	£10,835,000	62.4%	£6,672,000	-45.3%	£12,187,000	-40.9%	£20,608,000	293.2%	£5,241,000
Cash	£5,000	-37.5%	£8,000	-82.2%	£45,000	-96.3%	£1,218,000	999.9%	£85,000
Other Debtors	£48,626,000	-1%	£49,098,000	42.2%	£34,535,000	-13.7%	£39,998,000	-17.5%	£48,463,000
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£67,015,000	0.7%	£66,546,000	26.5%	£52,609,000	-25.8%	£70,879,000	24.9%	£56,735,000
Trade Creditors	£8,674,000	-17.7%	£10,535,000	117.5%	£4,844,000	-49.2%	£9,534,000	144.1%	£3,905,000
Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
Other Short Term Finance	£5,124,000	-35.2%	£7,909,000	56.5%	£5,054,000	-41.9%	£8,704,000	97.8%	£4,400,000
Miscellaneous Current Liabilities	£11,084,000	22%	£9,086,000	97.8%	£4,594,000	-60.4%	£11,589,000	20.2%	£9,641,000
Total Current Liabilities	£24,882,000	-9.6%	£27,530,000	90%	£14,492,000	-51.4%	£29,827,000	66.2%	£17,946,000
Bank Loans & Overdrafts and LTL	£167,000	-42.4%	£290,000	-86.9%	£2,212,000	263.2%	£609,000	-2.4%	£624,000
Other Long Term Finance	0	-	0	-	0	-	0	-	0
Total Long Term Liabilities	£167,000	-42.4%	£290,000	-86.9%	£2,212,000	263.2%	£609,000	-2.4%	£624,000

Capital & Reserves

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Called Up Share Capital	£42,000	-	£42,000	-	£42,000	-	£42,000	-	£42,000
P & L Account Reserve	£53,442,000	12%	£47,708,000	8.3%	£44,036,000	-11.1%	£49,535,000	2.7%	£48,218,000
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	£733,000	-	£733,000	-	£733,000	-	£733,000	-	£733,000
Shareholder Funds	£54,217,000	11.8%	£48,483,000	8.2%	£44,811,000	-10.9%	£50,310,000	2.7%	£48,993,000

Other Financial Items

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Net Worth	£53,124,000	13%	£47,008,000	9.3%	£43,017,000	-10.9%	£48,259,000	3.4%	£46,685,000
Working Capital	£42,133,000	8%	£39,016,000	2.4%	£38,117,000	-7.1%	£41,052,000	5.8%	£38,789,000
Total Assets	£79,266,000	3.9%	£76,303,000	24%	£61,515,000	-23.8%	£80,746,000	19.5%	£67,563,000
Total Liabilities	£25,049,000	-10%	£27,820,000	66.5%	£16,704,000	-45.1%	£30,436,000	63.9%	£18,570,000
Net Assets	£54,217,000	11.8%	£48,483,000	8.2%	£44,811,000	-10.9%	£50,310,000	2.7%	£48,993,000

Cash Flow

Date Of Accounts	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10	(%)	31/12/09
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

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	£54,384,000	11.5%	£48,773,000	3.7%	£47,023,000	-7.7%	£50,919,000	2.6%	£49,617,000
Number of Employees	368	18.7%	310	-15.1%	365	4%	351	-2.2%	359
Accountants
Auditors	PRICEWATERHOUSECOOPERS LLP
Auditor Comments	The audit report contains no adverse comments
Bankers	SEB MERCHANT BANK
Bank Branch Code

Ratios

Date Of Accounts	31/12/13	31/12/12	31/12/11	31/12/10	31/12/09
Pre-tax profit margin %	9.77	8.16	-14.65	3.05	4.21
Current ratio	2.69	2.42	3.63	2.38	3.16
Sales/Net Working Capital	1.83	1.55	1.32	1.53	1.28
Gearing %	0.30	0.60	4.90	1.20	1.30
Equity in %	69.40	64.80	75	63.90	75.10
Creditor Days	40.92	63.55	35.09	55.09	28.59
Debtor Days	51.11	40.24	88.29	119.09	38.38
Liquidity/Acid Test	2.38	2.02	3.22	2.07	2.99
Return On Capital Employed %	13.85	10.09	-15.64	3.77	4.21
Return On Total Assets Employed %	9.50	6.45	-11.96	2.37	3.09
Current Debt Ratio	0.45	0.56	0.32	0.59	0.36
Total Debt Ratio	0.46	0.57	0.37	0.60	0.37
Stock Turnover Ratio %	9.78	17.84	11.62	14.37	5.92
Return on Net Assets Employed %	13.89	10.15	-16.42	3.81	4.26

Previous Company Names

Date	Previous Name
06/07/2009	TRELLEBORG CRP LTD
13/04/2006	CRP GROUP LIMITED
10/05/1994	CRP MARINE LTD
07/12/1993	CRP GROUP LIMITED
17/11/1993	C R P MARINE LIMITED

Statistics

Group	41 companies
Linkages	208 companies
Countries	In 40 countries

Summary

Holding Company	CRP 1998 LIMITED
Ownership Status	Intermediately Owned
Ultimate Holding Company	TRELLEBORG AKTIEBOLAG

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ TRELLEBORG AKTIEBOLAG	5560063421	31.12.2014	Y
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ TRELLEBORG HOLDINGS UK...	03304377	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ FENTEK MARINE SYSTEM...	02943938	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG PPL LIMITED	04226233	31.12.2013	N	£12,448,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG ROCHDALE...	06039524	31.12.2013	N	£3,908,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ PREMIA GROUP LIMITED	06928433	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ WATTS TYRES LIMITED	03833873	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ MOBILE INDUSTRIAL...	02573544	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ INTERFIT LIMITED	04340401	31.12.2013	N	£7,252,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG INDUST...	01434811	31.12.2013	N	£5,365,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ WATTS TYRES (EURO...	00378944	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ CHAPMAN INDUSTRIES L...	00170366	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ NEW WATERSIDE PAPE...	00335441	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ WEIR WASTE PAPER...	01134152	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ CHAPMAN TRADING LI...	00481084	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ CHAPMAN (CC) LIMITED	01226425	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ CHAPMAN (CE) LIMITED	01304732	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ D J PROFILES LIMITED	02103046	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ CRP HOLDINGS LIMITED	04057463	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ CRP 1998 LIMITED	03591257	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG OFFSHO...	02391144	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ C.R.P. SECURITIES...	03513502	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ TRELLEBORG OFFSHO...	01369166	31.12.2013	N	£77,157,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ DUNLOP GRG HOLDINGS...	03689282	31.12.2013	N	£3,427,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG BUILDING...	01438464	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG ENGINEERE...	02461518	31.12.2013	N	£5,402,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG INDUSTRIA...	03847966	31.12.2013	N	£31,757,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG MARINE SY...	03700852	31.12.2013	N	£10,709,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG OFFSHORE...	00978141	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLEBORG STANTON L...	01491903	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ TRELLEBORG SEALING S...	00446036	31.12.2013	N	£87,669,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ WOODVILLE POLYMER...	00674096	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ SPECIALISED ELAST...	00286841	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ UNITEX LIMITED	01004676	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ TRELLPRECISION LIM...	02069907	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ BESPIC LIMITED	01194902	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\T.gif$ ORKOT LIMITED	02851694	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ WILLS ENGINEERED P...	02313639	31.12.2013	N
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ TRELLEBORG WHEEL SYS...	01930844	31.12.2013	N	£12,818,000
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\tminus.gif$ TRELLEBORG INDUSTRIES INC	N/A	-	-
$Description: \\shraddha\Online Foreign Reports\TRELLEBORG OFFSHORE UK LIMITED_files\L.gif$ TRELLEBORG CBI HOLDI...	05674004	31.12.2013	N

Statistics

Group	41 companies
Linkages	208 companies
Countries	In 40 countries

Mortgage Details

Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	15/02/11
Date Charge Registered:	25/02/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	GREAT BEAR DISTRIBUTION LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	FIRST FIXED EQUITABLE CHARGE THE DEPOSIT BALANCE SEE IMAGE FOR FULL DETAILS
Mortgage Type:	RENT DEPOSIT DEED
Date Charge Created:	21/12/07
Date Charge Registered:	03/01/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	GREAT BEAR DISTRIBUTION LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVERUNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	THE DEPOSIT BALANCE SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	24/07/03
Date Charge Registered:	25/07/03
Date Charge Satisfied:	24/02/06
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H PROPERTY K/A LAND ADJACENT TO RALMASPA LANE LATHOM ORMSKIRK LANCASHIRE
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	28/03/03
Date Charge Registered:	03/04/03
Date Charge Satisfied:	25/01/06
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H PROPERTY K/A RALMA SPA LANE LATHOM LANCASHIRE T/NO: LA908558

Mortgage Type:	DEBENTURE
Date Charge Created:	10/02/03
Date Charge Registered:	15/02/03
Date Charge Satisfied:	25/01/06
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC (AS SECURITY TRUSTEE ON BEHALF OF THE FINANCE PARTIES)
Amount Secured:	ALL MONIES OBLIGATIONS AND LIABILITIES DUE OR TO BECOME DUE BY THE OBLIGORS OR ANY OF THEM TO ANY OFTHE FINANCE PARTIES UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	ASSIGNMENT OF KEYMAN INSURANCE
Date Charge Created:	31/10/00
Date Charge Registered:	03/11/00
Date Charge Satisfied:	14/02/03
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	IN FAVOUR OF THE CHARGEE, ALL MONIES, OBLIGATIONS AND LIABILITIES FOR THE TIME BEING DUE, OWING TO INCURRED IN WHATSOEVER MANNER BY THE COMPANY TO ANY OF THE FINANCE PARTIES (AS DEFINED)
Details:	PLOICY NUMBER 1110476UZ ON THE LIFE OF A C R TYRER WOTH NORWICH UNION FOR THE SM OF £1,108,090.75 AND ALL SUMS ASSURED THEREBY

Mortgage Type:	DEBENTURE
Date Charge Created:	31/10/00
Date Charge Registered:	03/11/00
Date Charge Satisfied:	14/02/03
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	IN FAVOUR OF THE CHARGEE, ALL MONIES, OBLIGATIONS AND LIABILITIES FOR THE TIME BEING DUE, OWING TO INCURRED BY THE OBLIGORS (AS DEFINED) AND/OR THE US COMPANIES (AS DEFINED) OR ANY OF THEM TO ANY OF THE FINANCE PARTIES (AS DEFINED), UNDER OR IN CONNECTION WITH FIANCE DOCUMENTS (AS DEFINED) AND/OR ON ANY OTHER ACCOUNTWHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY
Mortgage Type:	COMPOSITE GUARANTEE AND MORTGAGE DEBENTURE
Date Charge Created:	07/09/98
Date Charge Registered:	24/09/98
Date Charge Satisfied:	14/02/03
Status:	SATISFIED
Person(s) Entitled:	HSBC PRIVATE EQUITY INVESTMENTS LIMITED (IN ITS CAPACITY AS SECURITY TRUSTEE FOR THEBENEFICIARI
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE BY THE OBLIGORS (AS THEREIN DEFINED) OR ANY OF THEM TO THE CHARGEE AS SECURITY TRUSTEE FOR THE BENEFICIARIES (AS DEFINED) UNDEROR IN CONNECTION WITH THE NOTEHOLDER DOCUMENTS (AS DEFINED) OR ANY OF THEM AND/OR ON ANY OTHER ACCOUNT WHATSOEVER
Details:	FREEHOLD LAND K/A STANLEY WAY STANLEY SKELMERSDALE LANCASHIRE T/N LA640261 AND LA807258 TOGETHER WITH FREEHOLD LAND TO THE WEST SIDE OF STANLEY WAY SKELMERSDALE LANCASHIRE 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

Mortgage Type:	DEBENTURE
Date Charge Created:	07/09/98
Date Charge Registered:	10/09/98
Date Charge Satisfied:	14/02/03
Status:	SATISFIED
Person(s) Entitled:	BARCLAYS BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE BY THE OBLIGORS (AS THEREIN DEFINED) OR ANY OF THEM TO THE CHARGEE AS SECURITY TRUSTEE FOR THE BENEFICIARIES (AS DEFINED) UNDEROR IN CONNECTION WITH THE FINANCE DOCUMENTS (AS DEFINED) OR ANY OF THEM AND/OR ON ANY OTHER ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	29/06/92
Date Charge Registered:	09/07/92
Date Charge Satisfied:	28/06/97
Status:	SATISFIED
Person(s) Entitled:	XENIA INVESTMENTS LIMITED
Amount Secured:	FOR SECURING £450,000.00 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THECHARGE
Details:	L/H LAND SITUATE ON THE WEST SIDE OF STANLEY WAY SKELMERSDALE LANCASHIRE T/NO LA640263 TOGETHER WITHFIXED AND MOVEABLE PLANTMACHINERY FIXTURES IMPLEMENTS AND UTENSILS

Mortgage Type:	MORTGAGE
Date Charge Created:	22/01/90
Date Charge Registered:	08/02/90
Date Charge Satisfied:	08/10/93
Status:	SATISFIED
Person(s) Entitled:	LARA LIMITED
Amount Secured:	STERLING POUNDS 100000 DUE TO THE CHARGEE SUPPLEMENTAL TO TWO MORTGAGES DATED 14.7.89 AND 17.11.89 RESPECTIVELY
Details:	L/H FACTORY AND PREMISES IN STANLEY WAYSKELMERSDALE LANCS AND UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL
Mortgage Type:	MORTGAGE
Date Charge Created:	17/11/89
Date Charge Registered:	22/11/89
Date Charge Satisfied:	08/10/93
Status:	SATISFIED
Person(s) Entitled:	LARA LIMITED
Amount Secured:	STERLING POUNDS 100000 AND ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE SUPPLEMENTAL TO A MORTGAGE DATED 17
Details:	THE BENEFIT OF AN AGREEMENT DATED 17.7.89 RELATING TO THE LEASE OF FACTORY PREMISES IN STANLEY WAY SKELMERSDALE LANCASHIRE AND ALL OTHER THE COMPANY\S UNDERTAKING PROPERTY AND ASSETS PRESENT & FUTUREINCLUDING UNCALLED CAPITAL

Mortgage Type:	MORTGAGE
Date Charge Created:	14/07/89
Date Charge Registered:	24/07/89
Date Charge Satisfied:	08/10/93
Status:	SATISFIED
Person(s) Entitled:	LARA LIMITED
Amount Secured:	STERLING POUNDS 600000
Details:	THE BENEFIT OF OR AGREEMENT DATED 14/07/89 RELATING TO THE LEASE OF FACTORY PREMISES IN STANLEY WAYSKALRIESDALE LICES UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING UNCALLED CAPITAL

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Barrie Sowerby	1	4
Geoffrey Thomas Rigby	0	29
Geoffrey Thomas Rigby	0	29
Geoffrey John Shelton	0	1
Andrew Charles Ratcliffe Tyrer	2	10
David Gordon Lace	6	4
Desmond Robert Gibson	11	11
Derek William Bibby	0	1
John Martin Sutton	0	1
Paul William Ryding	0	1
Alan Michael Burgess	5	6
Desmond Hatfield	2	4
Kevin Brooks	3	5
Alan James Stark Wilson	9	6
Raymond Julian Cann	0	1
Lennart Karl Ragnar Johansson	1	7
Alan Michael Burgess	0	4
Average Invoice Value	Ł751.79
Invoices available	189
Paid	186
Outstanding	3

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	8	28	22	120	8
Outstanding	1	1	1	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.65
UK Pound	1	Rs.99.14
Euro	1	Rs.68.91

INFORMATION DETAILS

Analysis Done by :	KAS

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%)

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
TSS HOLDINGS SWEDEN AB	5565282737	31.12.2008
TRELLEBORG HOLDINGS BREUBERG GMBH	HRB 745829	31.12.2013
TRELLEBORG ERSMARK AB	5560397852	31.12.2013	322,866 KSEK
TRELLEBORG COATED SYSTEMS ITALY SPA	MI1337282	31.12.2013	€65,307,648
TRELLEBORG AUTOMOTIVE FRANCE	433862075	31.12.2013	€9,455
TRELLEBORG HOLDINGS ITALIA S.R.L.	LI128316	31.12.2013	€4,188
SKOOGS AB	5560331497	31.12.2013
TRELLEBORG HOLDING FRANCE	353742307	31.12.2014	€403,796
TRELLEBORG MODYN	389470055	31.12.2013	€54,764,908
TRELLEBORG INDUSTRIE	391933397	31.12.2014	€114,629,055
TRELLEBORG HOLDING NORGE AS	943508186	31.12.2014
TRELLEBORG INDUSTRI AKTIEBOLAG	5561297267	31.12.2014	608,217 KSEK
SKOOGS ELEKTROGROßHANDEL GMBH	HRB 17212	31.12.2013
TRELLEBORG HOLDINGS GERMANY GMBH	HRB 727183	31.12.2013
TRELLEBORG PIPE SEALS LELYSTAD B.V.	05026585	31.12.2014	€31,720,000
TRELLEBORG INFORMATION SYSTEMS SERVICES AB	5567428759	31.12.2013	145,333 KSEK
TRELLEBORG FORSHEDA AB	5560522996	31.12.2014	27,639 KSEK
TRELLEBORG MATERIAL AND MIXING HOOGEZAND B.V.	02315387	31.12.2013
INVESTISSEMENT ET FINANCIERE DE BLOCH	533406856	31.12.2013	€4,000
TRELLEBORG NANTES	487624025	31.12.2013