|
Report No. : |
319182 |
|
Report Date : |
06.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
AGRI AND INDUSTRIAL RUBBER LIMITED |
|
|
|
|
Formerly Known As : |
THE FLAT RUBBER COMPANY LIMITED GRADUATE ELECTRONICS LIMITED THE FLAT RUBBER
COMPANY LIMITED |
|
|
|
|
Registered Office : |
Perssepark Aughrim Ballinasloe Cogalway 41205 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
16.03.1992 |
|
|
|
|
Com. Reg. No.: |
IE185898 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
The sale and installation of cattle mats. |
|
|
|
|
No. of Employees : |
14 (2013) |
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) |
|
Ireland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
IRELAND - ECONOMIC OVERVIEW
Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of re-exports, is about four times GDP. Hong Kong has no tariffs on imported goods, and it levies excise duties on only four commodities, whether imported or produced locally: hard alcohol, tobacco, hydrocarbon oil, and methyl alcohol. There are no quotas or dumping laws. Hong Kong's open economy left it exposed to the global economic slowdown that began in 2008. Although increasing integration with China, through trade, tourism, and financial links, helped it to make an initial recovery more quickly than many observers anticipated, its continued reliance on foreign trade and investment leaves it vulnerable to renewed global financial market volatility or a slowdown in the global economy. The Hong Kong government is promoting the Special Administrative Region (SAR) as the site for Chinese renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts; RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong; and RMB trade settlement is allowed. The territory far exceeded the RMB conversion quota set by Beijing for trade settlements in 2010 due to the growth of earnings from exports to the mainland. RMB deposits grew to roughly 12% of total system deposits in Hong Kong by the end of 2013. The government is pursuing efforts to introduce additional use of RMB in Hong Kong financial markets and is seeking to expand the RMB quota. The mainland has long been Hong Kong's largest trading partner, accounting for about half of Hong Kong's total trade by value. Hong Kong's natural resources are limited, and food and raw materials must be imported. As a result of China's easing of travel restrictions, the number of mainland tourists to the territory has surged from 4.5 million in 2001 to 40.7 million in 2013, outnumbering visitors from all other countries combined. Hong Kong has also established itself as the premier stock market for Chinese firms seeking to list abroad. In 2012 mainland Chinese companies constituted about 48.5% of the firms listed on the Hong Kong Stock Exchange and accounted for about 56.9% of the Exchange's market capitalization. During the past decade, as Hong Kong's manufacturing industry moved to the mainland, its service industry has grown rapidly. Credit expansion and tight housing supply conditions have caused Hong Kong property prices to rise rapidly; consumer prices increased by more than 4% in 2013. Lower and middle income segments of the population are increasingly unable to afford adequate housing. Hong Kong continues to link its currency closely to the US dollar, maintaining an arrangement established in 1983. In 2013, Hong Kong and China signed new agreements under the Closer Economic Partnership Agreement, adopted in 2003 to forge closer ties between Hong Kong and the mainland. The new measures, effective from January 2014, cover services and trade facilitation, and will improve access to the mainland's service sector for Hong Kong-based companies. As of year-end 2014, the Democracy protests that began in late September probably will have some adverse effects on economic growth, particularly retail sales.
|
Source
: CIA |
AGRI AND
INDUSTRIAL RUBBER LIMITED
IE185898
Active - Accounts Filed
|
PERSSEPARK
AUGHRIM |
|
BALLINASLOE |
|
COGALWAY 41205 |
|
Registered Address |
PERSSEPARK AUGHRIM |
Trading Address |
BRACKLOON KILTULLA |
|
|
BALLINASLOE |
|
ATHENRY |
|
|
COGALWAY |
|
CO GALWAY |
|
|
41205 |
|
CO GALWAY |
|
|
|
|
41205 |
|
Website Address |
- |
|
|
|
Telephone Number |
|
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation Date |
16/03/1992 |
|
|
|
Previous Name |
THE FLAT RUBBER COMPANY |
Type |
Private limited with Share
Capital |
|
|
LIMITED |
|
|
|
FTSE Index |
- |
Date of Change |
- |
|
Filing Date
of Accounts |
- |
Currency |
EUR |
|
Share Capital |
€197 |
SIC07 |
|
|
Charity Number |
- |
SIC07 Description |
|
|
|
|
Principal
Activity |
The sale and installation of cattle mats. |
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31/12/2013 |
€11,623,691 |
€1,396,876 |
€5,886,267 |
14 |
|
31/12/2012 |
€9,358,989 |
€1,052,992 |
€4,683,445 |
13 |
|
31/12/2011 |
- |
€932,739 |
€3,769,324 |
11 |
|
Total Mortgage |
4 |
|
Outstanding |
2 |
|
Satisfied |
2 |
|
Total Number
of Documented Trade |
0 |
|
Total Value
of Documented Trade |
€0 |
No exact match CCJs are recorded against the company.
Sales in the latest trading period increased 24.2% on the previous trading period.
Net Worth increased by 25.7% during the latest trading period.
A 18% growth in Total Assets occurred during the latest trading period.
Pre-tax profits increased by 32.7% compared to the previous trading period.
|
Total Number
of Exact CJs - |
0 |
Total Value
of Exact CJs - |
€0 |
|
Total Number
of Possible CJs - |
0 |
Total Value
of Possible CJs - |
€0 |
|
Total Number
of Satisfied CJs - |
0 |
Total Value
of Satisfied CJs - |
€0 |
|
Total Current Directors |
2 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors /
Company |
0 |
|
Secretaries |
|
|
Name |
MICHAEL EARLS |
Date of Birth |
21/01/1959 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
6 |
Function |
Director |
|
Appointment Date |
18/02/1993 |
|
|
|
Address |
BRACKLOON, KILTULLA, ATHENRY,
CO. GALWAY. |
|
|
|
|
|
|
|
|
Name |
MAUREEN EARLS |
Date of Birth |
28/04/1958 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
2 |
Function |
Director |
|
Appointment Date |
14/05/1997 |
|
|
|
Address |
BRACKLOON KILTULLA, ATHENRY, CO.
GALWAY |
|
|
|
Name |
MICHAEL EARLS |
Date of Birth |
21/01/1959 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
6 |
Function |
Company Secretary |
|
Appointment Date |
18/02/1993 |
|
|
|
Address |
BRACKLOON, KILTULLA, ATHENRY,
CO. GALWAY. |
|
|
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total
Share Count |
|
MAUREEN EARLS |
EUR |
7,520 |
ORDINARY A |
0.01 |
38.27 |
|
MAUREEN EARLS |
EUR |
4,000 |
ORDINARY B |
0.01 |
20.36 |
|
GARY EARLS |
EUR |
2,000 |
ORDINARY B |
0.01 |
10.18 |
|
DAVID EARLS |
EUR |
2,000 |
ORDINARY B |
0.01 |
10.18 |
|
NIALL EARLS |
EUR |
2,000 |
ORDINARY B |
0.01 |
10.18 |
|
MICHAEL EARLS |
EUR |
1,880 |
ORDINARY A |
0.01 |
9.57 |
|
P.J. BURKE |
EUR |
250 |
ORDINARY REDEEMABLE |
0.01 |
1.27 |
|
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 |
EUR |
(%) |
EUR |
(%) |
EUR |
(%) |
EUR |
(%) |
EUR |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
A/cs |
|
|
|
|
|
|
|
|
|
|
Turnover |
€11,623,691 |
24.2% |
€9,358,989 |
- |
- |
- |
- |
- |
- |
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cost of Sales |
€7,915,357 |
25.6% |
€6,299,751 |
- |
- |
- |
- |
- |
- |
|
Gross Profit |
€3,708,334 |
21.2 |
€3,059,238 |
11.4% |
€2,746,362 |
39.3% |
€1,971,400 |
-35.1% |
€3,037,04 |
|
Wages & Salaries |
€805,688 |
14.2% |
€705,244 |
16.7% |
€604,287 |
-36.5% |
€951,090 |
-0.8% |
€958,801 |
|
Directors |
€184,657 |
11.3% |
€165,893 |
19.2% |
€139,225 |
3% |
€135,194 |
0.4% |
€134,668 |
|
Emoluments |
|
|
|
|
|
|
|
|
|
|
Operating Profit |
€1,385,773 |
30.9 |
€1,058,95 |
10.6 |
€957,382 |
428.3% |
-€291,581 |
-99.3% |
€293,610 |
|
Depreciation |
€199,064 |
39.9% |
€142,334 |
-13% |
€163,599 |
-40.3% |
€274,163 |
-7.5% |
€296,242 |
|
Audit Fees |
- |
- |
- |
- |
- |
- |
- |
- |
€14,000 |
|
Interest Payments |
€28,524 |
-6.8% |
€34,279 |
14.6% |
€29,917 |
-2.3% |
€30,632 |
-49.2% |
€60,266 |
|
Pre Tax Profit |
€1,396,876 |
32.7% |
€1,052,992 |
12.9% |
€932,739 |
399.9% |
-€311,026 |
-99.9% |
-€10,726 |
|
Taxation |
-€194,054 |
-9.6% |
-€138,969 |
-0.1% |
-€126,215 |
-99.9% |
€10,454 |
498.4% |
€1,747 |
|
Profit After Tax |
€1,202,822 |
31.6% |
€914,023 |
13.3% |
€806,524 |
368.3% |
-€300,572 |
-99.9% |
-€8,979 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Retained Profit |
€1,202,822 |
31.6% |
€914,023 |
13.3% |
€806,524 |
368.3% |
-€300,572 |
-99.9% |
-€8,979 |
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
|
|
|
|
|
|
|
|
|
Tangible Assets |
€813,001 |
84.1% |
€441,672 |
15.3% |
€383,187 |
-15.7% |
€454,359 |
-31.4% |
€662,272 |
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
€813,001 |
84.1% |
€441,672 |
15.3% |
€383,187 |
-15.7% |
€454,359 |
-31.4% |
€662,272 |
|
Stock |
€2,116,127 |
-14% |
€2,461,126 |
81.9% |
€1,352,859 |
-21.9% |
€1,731,800 |
24.8% |
€1,387,340 |
|
Trade Debtors |
€2,117,539 |
-10% |
€2,352,576 |
24.8% |
€1,884,476 |
9.1% |
€1,727,005 |
49.9% |
€1,151,882 |
|
Cash |
€1,721,985 |
213.2% |
€549,844 |
-52.6% |
€1,161,006 |
857.4% |
€121,271 |
-83.1% |
€719,665 |
|
Other Debtors |
€656,693 |
35.2% |
€485,565 |
17.1% |
€414,718 |
33.2% |
€311,251 |
40.1% |
€222,178 |
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total Current Assets |
€6,612,344 |
13% |
€5,849,111 |
21.5% |
€4,813,059 |
23.7% |
€3,891,327 |
11.8% |
€3,481,065 |
|
Trade Creditors |
€588,591 |
-27.8% |
€815,299 |
48.1% |
€550,642 |
-10.7% |
€616,667 |
58.7% |
€388,559 |
|
Bank Loans & Overdrafts |
€550,000 |
- |
€550,000 |
-2.8% |
€565,607 |
1% |
€559,963 |
999.9% |
€3,847 |
|
Other Short Term Finance |
€41,434 |
999.9% |
€2,327 |
-85.4% |
€15,978 |
-84.4% |
€102,096 |
-34.4% |
€155,572 |
|
Miscellaneous Liabilities |
€298,732 |
26.6% |
€236,012 |
-18.2% |
€288,668 |
246.9% |
€83,206 |
-57.2% |
€194,571 |
|
Total Current Liabilities |
€1,478,757 |
-7.8% |
€1,603,638 |
12.9% |
€1,420,895 |
4.3% |
€1,361,932 |
83.4% |
€742,549 |
|
Bank Loans & Overdrafts and LTL |
€610,321 |
10.2% |
€553,700 |
-3.1% |
€571,634 |
-1.6% |
€580,917 |
366.5% |
€124,536 |
|
Other Long Term |
€60,321 |
999.9% |
€3,700 |
-38.6% |
€6,027 |
-71.2% |
€20,954 |
-82.6% |
€120,689 |
|
Total Long Term Liabilities |
€60,321 |
999.9% |
€3,700 |
-38.6% |
€6,027 |
-71.2% |
€20,954 |
-82.6% |
€120,689 |
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
Called Up Share |
€196 |
- |
€196 |
100% |
€98 |
- |
€98 |
-2% |
€100 |
|
P & L Account Reserve |
€5,886,054 |
25.7% |
€4,683,232 |
24.2% |
€3,769,209 |
27.2% |
€2,962,685 |
-9.6% |
€3,276,825 |
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Sundry Reserves |
€17 |
- |
€17 |
- |
€17 |
- |
€17 |
-99.5% |
€3,174 |
|
Shareholder Funds |
€5,886,267 |
25.7% |
€4,683,445 |
24.3% |
€3,769,324 |
27.2% |
€2,962,800 |
-9.7% |
€3,280,099 |
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
|
|
|
|
|
|
|
|
|
Net Worth |
€5,886,267 |
25.7% |
€4,683,445 |
24.3% |
€3,769,324 |
27.2% |
€2,962,800 |
-9.7% |
€3,280,099 |
|
Working Capital |
€5,133,587 |
20.9% |
€4,245,473 |
25.2% |
€3,392,164 |
34.1% |
€2,529,395 |
-7.6% |
€2,738,516 |
|
Total Assets |
€7,425,345 |
18% |
€6,290,783 |
21.1% |
€5,196,246 |
19.6% |
€4,345,686 |
4.9% |
€4,143,337 |
|
Total Liabilities |
€1,539,078 |
-4.2% |
€1,607,338 |
12.6% |
€1,426,922 |
3.2% |
€1,382,886 |
60.2% |
€863,238 |
|
Net Assets |
€5,886,267 |
25.7% |
€4,683,445 |
24.3% |
€3,769,324 |
27.2% |
€2,962,800 |
-9.7% |
€3,280,099 |
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
|
|
|
|
|
|
|
|
|
Net Cashflow from Operations |
€1,892,240 |
721.7% |
-€304,370 |
-125.2% |
€1,207,492 |
240.1% |
-€861,576 |
-186.8% |
€992,207 |
|
Net Cashflow before Financing |
€1,076,413 |
285.7% |
-€579,675 |
-151.1% |
€1,135,136 |
213.3% |
-€1,002,041 |
-258.7% |
€631,264 |
|
Net Cashflow from Financing |
€95,728 |
999.9% |
-€273 |
99.7% |
-€95,401 |
-123.4% |
€407,494 |
625.1% |
-€77,610 |
|
Increase in Cash |
€1,172,141 |
302.1% |
-€579,948 |
-155.8% |
€1,039,735 |
274.9% |
-€594,547 |
-207.4% |
€553,654 |
|
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 |
€5,946,588 |
26.9% |
€4,687,145 |
24.2% |
€3,775,351 |
26.5% |
€2,983,754 |
-12.3% |
€3,400,788 |
|
Number of Employees |
14 |
7.7% |
13 |
18.2% |
11 |
-35.3% |
17 |
-10.5% |
19 |
|
Auditors |
DHKN LIMITED |
|
Auditor Comments |
The audit report contains no
adverse comments |
|
Bankers |
ALLIED IRISH BANK |
|
Bank Branch Code |
|
|
Date Of Accounts |
31/12/13 |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
|
|
|
|
|
|
|
|
Pre-tax profit margin % |
12.02 |
11.25 |
- |
- |
- |
|
Current ratio |
4.47 |
3.65 |
3.39 |
2.86 |
4.69 |
|
Sales/Net Working Capital |
2.26 |
2.20 |
- |
- |
- |
|
|
|
|
|
|
|
|
Gearing % |
10.40 |
11.80 |
15.20 |
19.60 |
3.80 |
|
Equity in % |
79.30 |
74.40 |
72.50 |
68.20 |
79.20 |
|
Creditor Days |
18.43 |
31.70 |
- |
- |
- |
|
Debtor Days |
66.31 |
91.49 |
- |
- |
- |
|
Liquidity/Acid |
3.04 |
2.11 |
2.43 |
1.58 |
2.81 |
|
Test Return On Capital Employed % |
23.49 |
22.46 |
24.70 |
-10.42 |
-0.31 |
|
Return On Total Assets Employed % |
18.81 |
16.73 |
17.95 |
-7.15 |
-0.25 |
|
Current Debt Ratio |
0.25 |
0.34 |
0.37 |
0.45 |
0.22 |
|
Total Debt Ratio |
0.26 |
0.34 |
0.37 |
0.46 |
0.26 |
|
Stock Turnover Ratio % |
18.20 |
26.29 |
- |
- |
- |
|
Return on Net Assets Employed % |
23.73 |
22.48 |
24.74 |
-10.49 |
-0.32 |
There are no notes to display.
No Status History found
|
Date |
Description |
|
26/11/2014 |
New Accounts Filed |
|
26/11/2014 |
New Accounts Filed |
|
24/11/2014 |
Annual Returns |
|
27/11/2013 |
New Accounts Filed |
|
25/11/2013 |
Annual Returns |
|
03/12/2012 |
New Accounts Filed |
|
03/12/2012 |
New Accounts Filed |
|
27/11/2012 |
Annual Returns |
|
08/02/2012 |
Annual Returns |
|
30/11/2011 |
New Accounts Filed |
|
27/11/2010 |
Annual Returns |
|
27/11/2010 |
New Accounts Filed |
|
27/11/2010 |
New Accounts Filed |
|
02/12/2009 |
New Accounts Filed |
|
02/12/2009 |
New Accounts Filed |
|
Date |
Previous Name |
|
N/A |
THE FLAT RUBBER COMPANY LIMITED |
|
18/02/1999 |
GRADUATE ELECTRONICS LIMITED |
|
16/03/1992 |
THE FLAT RUBBER COMPANY LIMITED |
Received
Documents
No writs found
|
Group |
- |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
|
Holding Company |
- |
|
Ownership Status |
|
|
Ultimate Holding Company |
- |
No Group Structure
|
Business Name |
Business No |
Business Status. |
|
AGRI AND INDUSTRIAL RUBBER LIMITED |
IE185898 |
|
|
EASYFIX RUBBER PRODUCTS |
224367 |
NORMAL |
|
Mortgage Type: |
A charge on land, wherever
situate, or any interest therein, but
not including a charge for any rent |
|
Date Charge Created: |
06/10/05 |
|
Date Charge Registered: |
14/10/05 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
ALLIED IRISH BANKS PLC |
|
Amount Secured: |
All monies and/or obligations which now are, or at any time may become, due or owing to the security holder by the company on any account and all the other liabilities whatsoever of the company to the security holder whether actual or contingent and whether as principal debtor, guarantor, surety or otherwise. |
|
Mortgage Type: |
A charge on uncalled share capital of the company. A charge created or evidenced by an instrument wh |
|
Date Charge Created: |
16/03/04 |
|
Date Charge Registered: |
29/03/04 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
ALLIED IRISH BANKS PLC |
|
Amount Secured: |
|
|
Details: |
All monies and/or obligations which now are, or at any time may become, due or owing to the security holder by the company on any account and all the other liabilities whatsoever of the company to the security holder whether actual or contingent and whether as principal debtor, guarantor, surety or otherwise. |
|
Mortgage Type: |
A charge on book debts of the company. |
|
Mortgage Type: |
A charge on book debts of
the company. |
|
Date Charge Created: |
13/06/02 |
|
Date Charge Registered: |
13/06/02 |
|
Date Charge Satisfied: |
09/09/11 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
CELTIC INVOICE DISCOUNTING PLC., |
|
Amount Secured: |
|
|
|
All monies and/or obligations which
now are, or at any time may
become, due or owing to the security |
|
Details: |
holder under an agreement between
AGRI AND INDUSTRIAL RUBBER LIMITED and
CELTIC |
|
|
INVOICE DISCOUNTING PLC dated 13/06/2002 |
|
Mortgage Type: |
DEBENTURE. |
|
Date Charge Created: |
18/04/01 |
|
Date Charge Registered: |
26/04/01 |
|
Date Charge Satisfied: |
09/09/11 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
CELTIC INVOICE DISCOUNTING PLC., |
|
Amount Secured: |
|
|
Details: |
ALL SUMS DUE OR HEREAFTER TO
BECOME DUE |
No Previous Director Details
|
Average Invoice Value |
€176.30 |
|
Invoices available |
59 |
|
Paid |
51 |
|
Outstanding |
8 |
|
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 |
7 |
16 |
17 |
9 |
2 |
|
Outstanding |
0 |
0 |
0 |
4 |
4 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.52 |
|
|
1 |
Rs.95.96 |
|
Euro |
1 |
Rs.70.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
VNT |
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.