MIRA INFORM REPORT

 

 

Report No. :

325056

Report Date :

30.05.2015

 

IDENTIFICATION DETAILS

 

Name :

KERRY INGREDIENTS (UK) LIMITED

 

 

Formerly Known As:

DCA INDUSTRIES LIMITED

 

 

Registered Office :

Kerry, Bradley Road, Royal Portbury Dock, Bristol, BS20 7NZ

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

12.07.1937

 

 

Com. Reg. No.:

00329695

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Manufacture and sale of food ingredient products.

 

 

No. of Employee :

1895

 

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

Payment Behaviour :

Slow

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 Kingdom

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 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 & address

 

 

Company Name:           KERRY INGREDIENTS (UK) LIMITED

Registered Address:      KERRY, BRADLEY ROAD, ROYAL PORTBURY DOCK, BRISTOL, BS20 7NZ

Company Number:        00329695

 

 

COMPANY Summary

 

Registered Address       KERRY, BRADLEY ROAD,
ROYAL PORTBURY DOCK,
BRISTOL,
BS20 7NZ

 

Trading Address            Kerry
Bradley Road
Portbury
Bristol, Avon
BS20 7NZ

 

Website Address           http://www.kerry.com

 

Telephone Number        -

Fax Number                  -

TPS                              -

FPS                              No

Incorporation Date         12/07/1937

 

Previous Name              DCA INDUSTRIES LIMITED

Type                             Private limited with Share Capital

 

FTSE Index                   -

Date of Change             06/07/1995

Filing Date of Accounts 30/09/2014

Currency                       GBP

Share Capital                £351,000

SIC07                           10710

Charity Number             -

SIC07 Description         MANUFACTURE OF BREAD

Principal Activity           Manufacture and sale of food ingredient products.

 

 

Key Financials

 

Year to Date                 Turnover          Pre Tax Profit   Shareholder     Funds Employees

31/12/2013                    £537,708,034     -£4,350,471       £16,871,011      1895

31/12/2012                    £483,564,443     -£576,494          £20,204,038      1911

31/12/2011                    £414,393,547     £4,866,367        £20,006,135      1996

 

Mortgage Summary

 

Total Mortgage              0

Outstanding                  0

Satisfied                       0

 

Trade Debtors / Bad Debt Summary

 

Total Number of Documented Trade       1

Total Value of Documented Trade          £3,900

 

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 poor or negative return on 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.

This company's bank loans and overdrafts (less cash) account for a moderate percentage of short term liabilities.

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

7

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

11

 

 

Current Directors

 

Name

Brian Cornelius Mehigan

Date of Birth

01/07/1961

Officers Title

Mr

Nationality

Irish

Present Appointments

85

Function

Director

Appointment Date

02/01/2002

Address

Killelton Camp, Tralee, County Kerry

 

Name

Stan McCarthy

Date of Birth

24/09/1957

Officers Title

Mr

Nationality

Irish

Present Appointments

61

Function

Director

Appointment Date

13/05/2008

Address

119 N Lincoln Avenue,, Hinsdale, Chicago, Illinois 60521, 60521

 

Name

Flor Healy

Date of Birth

03/04/1962

Officers Title

Mr

Nationality

Irish

Present Appointments

74

Function

Director

Appointment Date

13/05/2008

Address

10 Whites Gate Whites Road, Castleknock, Dublin 15

 

Name

Garrett Walsh

Date of Birth

11/06/1981

Officers Title

Mr

Nationality

Irish

Present Appointments

3

Function

Director

Appointment Date

01/10/2011

Address

Kerry, Bradley Road,, Royal Portbury Dock,, Bristol,, BS20 7NZ

 

Name

Kevin Walsh

Date of Birth

23/03/1978

Officers Title

Mr

Nationality

Irish

Present Appointments

3

Function

Director

Appointment Date

01/10/2011

Address

Kerry, Bradley Road,, Royal Portbury Dock,, Bristol,, BS20 7NZ

 

Name

Regina Kelly

Date of Birth

09/12/1981

Officers Title

Ms

Nationality

Irish

Present Appointments

3

Function

Director

Appointment Date

01/10/2011

Address

Kerry, Bradley Road,, Royal Portbury Dock,, Bristol,, BS20 7NZ

 

Name

Paudi Murphy

Date of Birth

19/05/1982

Officers Title

Nationality

Irish

Present Appointments

3

Function

Director

Appointment Date

01/10/2011

Address

Kerry, Bradley Road,, Royal Portbury Dock,, Bristol,, BS20 7NZ

 

Current Company Secretary

 

Name

Brian Durran

Date of Birth

07/12/1954

Officers Title

Mr

Nationality

Irish

Present Appointments

90

Function

Company Secretary

Appointment Date

29/12/1994

Address

3 Cloghers, Ballyard, Tralee, County Kerry

 

Top 20 Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

KERRY INGREDIENTS HOLDINGS (UK) LTD

GBP

351,000

ORDINARY

1

100

 

 

Financials

 

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

£537,708,034

11.2%

£483,564,443

16.7%

£414,393,547

11.8%

£370,546,757

12.3%

£329,946,775

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-

-

Gross Profit

-

-

-

-

-

-

-

-

-

Wages & Salaries

£74,042,819

-1.8%

£75,436,136

-0.2%

£75,579,742

9.6%

£68,969,896

14.2%

£60,378,615

Directors Emoluments

-

-

-

-

-

-

-

-

-

Operating Profit

£14,103,837

140.9%

£5,853,892

-42.4%

£10,156,156

-15.8%

£12,064,853

274.2%

£3,224,455

Depreciation

£13,871,703

80.8%

£7,672,704

-2.9%

£7,900,391

-22.7%

£10,217,967

28.3%

£7,963,309

Audit Fees

£176,688

77.9%

£99,306

-8.7%

£108,786

11.2%

£97,786

19.4%

£81,922

Interest Payments

£4,823,199

-23.2%

£6,280,768

18.8%

£5,284,859

5.7%

£4,997,894

-3.9%

£5,201,238

Pre Tax Profit

-£4,350,471

-654.6%

-£576,494

-111.8%

£4,866,367

-34.3%

£7,401,409

472.3%

-£1,988,267

Taxation

£1,017,444

31.4%

£774,397

165%

-£1,190,757

-13.4%

-£1,050,231

-854.2%

£139,243

Profit After Tax

-£3,333,027

-999.9%

£197,903

-94.6%

£3,675,610

-42.1%

£6,351,178

443.5%

-£1,849,024

Dividends Payable

-

-

-

-

-

-

-

-

-

Retained Profit

-£3,333,027

-999.9%

£197,903

-94.6%

£3,675,610

-42.1%

£6,351,178

443.5%

-£1,849,024

Balance Sheet

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Tangible Assets

£86,976,648

-1.1%

£87,964,093

0%

£87,982,649

4.2%

£84,438,224

4.3%

£80,935,501

Intangible Assets

£29,560,694

-14%

£34,377,016

-12.4%

£39,233,709

-3.7%

£40,731,387

-8.6%

£44,539,636

Total Fixed Assets

£116,537,342

-4.7%

£122,341,109

-3.8%

£127,216,358

1.6%

£125,169,611

-0.2%

£125,475,137

Stock

£49,380,801

26.1%

£39,146,927

-7.7%

£42,433,593

16.6%

£36,397,114

5.8%

£34,404,154

Trade Debtors

£1,516,472

-

0

-100%

£46,086,241

7.1%

£43,026,279

14.8%

£37,463,295

Cash

0

-100%

£3,034,077

-80.3%

£15,363,913

-2.5%

£15,764,370

25.4%

£12,572,074

Other Debtors

£136,872,817

29.4%

£105,741,068

32.7%

£79,673,744

10.7%

£72,001,919

52.5%

£47,212,287

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£187,770,090

26.9%

£147,922,072

-19.4%

£183,557,491

9.8%

£167,189,682

27%

£131,651,810

Trade Creditors

£67,018,582

26.3%

£53,060,920

-5.9%

£56,367,396

-4.2%

£58,854,512

14%

£51,630,676

Bank Loans & Overdrafts

£38,575,142

7%

£36,059,013

64.5%

£21,925,529

112%

£10,340,325

43.4%

£7,213,258

Other Short Term Finance

£106,744,146

4.8%

£101,888,116

-7.8%

£110,500,147

-0.4%

£110,989,422

-6.7%

£118,968,680

Miscellaneous Current Liabilities

£8,644,122

-28.5%

£12,095,558

56.3%

£7,737,163

-16.6%

£9,273,112

69%

£5,487,090

Total Current Liabilities

£220,981,992

8.8%

£203,103,607

3.3%

£196,530,235

3.7%

£189,457,371

3.4%

£183,299,704

Bank Loans & Overdrafts and LTL

£105,029,571

26.5%

£83,014,549

-28.5%

£116,163,008

19.9%

£96,911,722

36.4%

£71,061,154

Other Long Term Finance

£59,871,965

53.7%

£38,951,651

-55%

£86,603,491

10.8%

£78,187,923

42.5%

£54,858,577

Total Long Term Liabilities

£66,454,429

41.5%

£46,955,536

-50.2%

£94,237,479

8.9%

£86,571,397

35.6%

£63,847,896

.

Capital & Reserves

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Called Up Share Capital

£351,000

-

£351,000

-

£351,000

-

£351,000

-

£351,000

P & L Account Reserve

£12,246,168

-21.4%

£15,579,195

1.3%

£15,381,292

31.4%

£11,705,682

118.6%

£5,354,504

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

£4,273,843

-

£4,273,843

-

£4,273,843

-

£4,273,843

-

£4,273,843

Shareholder Funds

£16,871,011

-16.5%

£20,204,038

1%

£20,006,135

22.5%

£16,330,525

63.6%

£9,979,347

Other Financial Items

Date Of Accounts

31/12/13

(%)

31/12/12

(%)

31/12/11

(%)

31/12/10

(%)

31/12/09

Net Worth

-£12,689,683

10.5%

-£14,172,978

26.3%

-£19,227,574

21.2%

-£24,400,862

29.4%

-£34,560,289

Working Capital

-£33,211,902

39.8%

-£55,181,535

-325.4%

-£12,972,744

41.7%

-£22,267,689

56.9%

-£51,647,894

Total Assets

£304,307,432

12.6%

£270,263,181

-13%

£310,773,849

6.3%

£292,359,293

13.7%

£257,126,947

Total Liabilities

£287,436,421

14.9%

£250,059,143

-14%

£290,767,714

5.3%

£276,028,768

11.7%

£247,147,600

Net Assets

£16,871,011

-16.5%

£20,204,038

1%

£20,006,135

22.5%

£16,330,525

63.6%

£9,979,347

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

£83,325,440

24.1%

£67,159,574

-41.2%

£114,243,614

11%

£102,901,922

39.4%

£73,827,243

Number of Employees

1895

-0.8%

1911

-4.3%

1996

7.2%

1862

11.7%

1667

Auditors

DELOITTE & TOUCHE

Auditor Comments

The audit report contains no adverse comments

Bankers

NATIONAL WESTMINSTER BANK PLC

Bank Branch Code

60-80-08

Ratios

Date Of Accounts

31/12/13

31/12/12

31/12/11

31/12/10

31/12/09

Pre-tax profit margin %

-0.81

-0.12

1.17

2

-0.60

Current ratio

0.85

0.73

0.93

0.88

0.72

Sales/Net Working Capital

-16.19

-8.76

-31.94

-16.64

-6.39

Gearing %

622.50

410.90

580.60

593.40

712.10

Equity in %

6.10

8.60

7.40

6.50

4.70

Creditor Days

45.36

39.94

49.51

57.81

56.95

Debtor Days

1.02

-

40.48

42.26

41.32

Liquidity/Acid Test

0.62

0.53

0.71

0.69

0.53

Return On Capital Employed %

-5.22

-0.85

4.25

7.19

-2.69

Return On Total Assets Employed %

-1.42

-0.21

1.56

2.53

-0.77

Current Debt Ratio

13.09

10.05

9.82

11.60

18.36

Total Debt Ratio

17.03

12.37

14.53

16.90

24.76

Stock Turnover Ratio %

9.18

8.09

10.23

9.82

10.42

Return on Net Assets Employed %

-25.78

-2.85

24.32

45.32

-19.92

 

Report Notes

There are no notes to display.

 

Status History

Date

Description

 

07/08/2012

Winding up Petition Dismissed

13/07/2012

Petitions Winding-Up (Gazette)

 

Event History

Date

Description

07/01/2015

Change in Reg.Office

07/01/2015

Change of Company Postcode

20/10/2014

Annual Returns

20/10/2014

Annual Returns

20/10/2014

Annual Returns

14/10/2014

New Accounts Filed

14/10/2013

Annual Returns

11/10/2013

New Accounts Filed

06/11/2012

Annual Returns

06/10/2012

New Accounts Filed

10/12/2011

Annual Returns

30/11/2011

New Board Member P. Murphy appointed

23/11/2011

New Board Member Ms R. Kelly appointed

23/11/2011

New Board Member Mr K. Walsh appointed

23/11/2011

New Board Member Mr G. Walsh appointed

 

Previous Company Names

Date

Previous Name

06/07/1995

DCA INDUSTRIES LIMITED

 

Writ Details

No writs found

 

Statistics

Group

105 companies

Linkages

92 companies

Countries

In 26 countries

 

Summary

Holding Company

KERRY INGREDIENTS HOLDINGS (U.K.) LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

KERRY GROUP PUBLIC LIMITED COMPANY

 

Group Structure Full

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

KERRY GROUP PUBLIC LIMIT...

 

IE111471

31.12.2013

Y

€5,836,700,000

CUARTO LIMITED

 

IE469222

31.12.2013

N

KERRY FOOD INGREDIEN...

 

IE290428

31.12.2013

N

DENNY FOODS LIMITED

 

IE171614

31.12.2013

N

KERRY HOLDINGS (U.K....

 

01663249

31.12.2013

N

CHARCUTERIE FOODS...

 

02002852

31.12.2013

N

KERRY SAVOURY FOOD...

 

02594161

31.12.2013

N

GOLDEN VALE (NI) L...

 

NI023119

31.12.2013

N

ACROSTIC INVESTME...

 

NI027729

31.12.2013

N

LECKPATRICK HOLDI...

 

NI023259

31.12.2013

N

LECKPATRICK DAI...

 

NI022542

31.12.2013

N

CREAMLINE PRO...

 

NI001817

31.12.2013

N

GOLDEN VALE F...

 

NI003860

31.12.2013

N

ST. BRENDAN...

 

NI016383

31.12.2013

N

GOLDEN VALE DPP L...

 

01821692

31.12.2013

N

GOLDEN COW DAIRIE...

 

NI004702

31.12.2013

N

DAIRY PRODUCE PAC...

 

NI022009

31.12.2013

N

£141,316,205

BLACKMOSS LIMITED

 

00317472

31.12.2013

N

HENRY DENNY & SONS...

 

NI020307

31.12.2013

N

KERRY FOODS LIMITED

 

02604258

31.12.2013

N

£607,272,344

PORTSAIL LIMITED

 

00639045

31.12.2013

N

KERRY INGREDIENTS...

 

01341723

31.12.2013

N

KERRY FLAVOURS UK...

 

00358462

31.12.2013

N

MENSTRIE FOODS LI...

 

00874176

31.12.2013

N

TITUSFIELD LIMITED

 

01571252

31.12.2013

N

E B I FOODS LIMITED

 

01828074

31.12.2013

N

G.R. SPINKS & COM...

 

02231766

31.12.2013

N

AB COATINGS LIMITED

 

02981603

31.12.2013

N

YORK DRAGEE HOLDI...

 

03886910

31.12.2013

N

SPRING THYME OILS...

 

05015420

31.12.2013

N

GORDON JOPLING (F...

 

04421360

31.12.2013

N

GORDON JOPLING...

 

02440554

31.12.2013

N

GORDON JOPLING...

 

02984029

31.12.2013

N

J. MANHEIMER LIMITED

 

04556938

31.12.2013

N

KERFIN LIMITED

 

01465570

31.12.2013

N

KERRY INGREDIENTS...

 

00329695

31.12.2013

N

£537,708,034

PROVINCIAL BUTCHE...

 

NI022585

31.12.2013

N

SPICES NICE LIM...

 

NI009078

31.12.2013

N

£2,345,181

VOYAGER FOODS GRO...

 

03191538

31.12.2013

N

VOYAGER FOODS (...

 

02568052

31.12.2013

N

KERRY POULTRY (UK)...

 

01010571

31.12.2013

N

LIASTROP LIMITED

 

02181349

31.12.2013

N

MATTHEWS FOODS LIM...

 

00515691

31.12.2013

N

MORTON FOODS LIMITED

 

03597698

31.12.2013

N

NOON GROUP LIMITED

 

03393930

31.12.2013

N

NOON PRODUCTS LIM...

 

02166664

31.12.2013

N

£199,722,726

ROBIRCH LIMITED

 

00234897

31.12.2013

N

SPURWAY FOODS LIMITED

 

02739017

31.12.2013

N

£18,999,490

GOLDEN VALE LIMITED

 

IE160955

31.12.2013

N

GOLDEN VALE HOLDINGS...

 

IE168178

31.12.2013

N

GOLDEN VALE INVESTME...

 

IE147684

31.12.2013

N

RINUS ENTERPRISES LI...

 

IE131115

31.12.2013

N

IVERNIA PIG DEVELOPMEN...

 

IE032293

31.12.2013

N

KERRY AGRI BUSINESS HO...

 

IE196893

31.12.2013

N

KERRY AGRI BUSINESS...

 

IE171521

31.12.2013

N

KERRY FARM SUPPLIES...

 

IE058571

31.12.2013

N

KERRY GROUP SERVICES L...

 

IE116550

31.12.2013

N

ACCOMMODATION TRALEE...

 

IE170502

31.12.2013

N

E M DENNY (HOLDINGS)...

 

00207620

31.12.2013

N

E.M. DENNY & CO LI...

 

00235401

31.12.2013

N

HENRY DENNY & SONS...

 

00033524

31.12.2013

N

KERRY GROUP FINANCIA...

 

IE242662

31.12.2012

N

ZENBURY INTERNATIONA...

 

IE315603

31.12.2013

N

KERRY GROUP SERVICES...

 

IE513657

31.12.2013

N

CHARLEVILLE RESEAR...

 

IE145872

31.12.2013

N

KERRY TREASURY SERVI...

 

IE079413

31.12.2013

N

RVF (UK) LIMITED

 

NI036194

31.12.2013

N

KERRY HOLDINGS (IRELAN...

 

IE087212

31.12.2013

N

DAWN DAIRIES LIMITED

 

IE236055

31.12.2013

N

GOLDEN VALE DAIRIE...

 

IE154861

31.12.2013

N

SNOWCREAM (MIDLAND...

 

IE016669

31.12.2013

N

DUFFY MEATS LIMITED

 

IE087159

31.12.2013

N

DYNABOO LIMITED

 

IE443160

31.12.2013

N

FAMBEE LIMITED

 

IE443159

31.12.2013

N

SELAMOR LIMITED

 

IE212317

31.12.2013

N

GLENEALY FARMS (TURK...

 

IE039564

31.12.2013

N

GROVE FARM LIMITED

 

IE117001

31.12.2013

N

BALLYFREE FARMS LI...

 

IE014851

31.12.2013

N

HENRY DENNY & SONS (...

 

IE004131

31.12.2013

N

KERRYKREEM LIMITED

 

IE134247

31.12.2013

N

QUANDU LIMITED

 

IE443161

31.12.2013

N

RYE VALLEY FOODS LIM...

 

IE115669

31.12.2013

N

RYE INVESTMENTS LI...

 

IE270583

31.12.2013

N

BREEO FOODS LIMITED

 

IE243022

31.12.2013

N

SUPER CHILL LIM...

 

IE220160

31.12.2013

N

LIFESOURCE FOOD...

 

IE093628

31.12.2013

N

BREEO ENTERPR...

 

IE442317

31.12.2013

N

RYE DEVELOPMENTS...

 

IE270582

31.12.2013

N

TACNA INVESTMENTS LI...

 

IE504470

31.12.2013

N

TRUNDU LIMITED

 

IE443162

31.12.2013

N

KERRY INGREDIENTS HOLD...

 

IE128460

31.12.2013

N

KERRY INGREDIENTS &...

 

IE471704

31.12.2013

N

KERRY INGREDIENTS (I...

 

IE206782

31.12.2013

N

PLATTERS FOOD COMP...

 

IE121226

31.12.2013

N

NORTH KERRY MILK PRO...

 

IE026497

31.12.2013

N

NORTH KERRY MILK E...

 

IE038272

31.12.2013

N

PLASSEY HOLDINGS LIM...

 

IE134722

31.12.2013

N

NATIONAL FOOD INGR...

 

IE016146

31.12.2013

N

WILLIAM BLAKE LIM...

 

IE008316

31.12.2013

N

NEWMARKET CO-OP CREAME...

 

N/A

-

-

NEWMARKET MARKETING...

 

IE057078

31.12.2013

N

PIXUNDO LIMITED

 

IE443163

31.12.2013

N

PRINCEMARK HOLDINGS LI...

 

IE300250

31.12.2013

N

PUTAXY LIMITED

 

IE036150

31.12.2013

N

JYNESPO LIMITED

 

IE054747

31.12.2013

N

Other Linked Companies

Name

Number

Latest Key Financials

Turnover

KERRY INGREDIENTS FRANCE

 

305305492

31.12.2011

€74,492,320

KERRY INGREDIENTS HOLDINGS FRANCE SA

 

403888720

31.12.2011

PLASSEY INVESTMENTS

 

IE005070

31.12.2006

€4,645,920,000

GOLDEN VALE SALES LIMITED

 

IE070154

31.12.2006

€4,645,920,000

GOLDEN VALE FOODS

 

IE158174

31.12.2006

€4,645,920,000

GOLDEN VALE FOOD PRODUCTS (SALES) LIMITED

 

IE103669

31.12.2003

€3,693,410,000

SUCREST GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

 

HRB 18117

31.12.2011

€43,351,437

GOLDEN VALE (HOLLAND) B.V.

 

13033855

31.12.2013

KERRY SAVOURY INGREDIENTS FRANCE

 

304263940

31.12.2005

€82,004,734

KERRY FOOD GMBH

 

HRB 7564

31.12.2011

GOVA HOLDINGS B.V.

 

13035302

31.12.2013

KERRY INGREDIENTS GMBH

 

HRB 2928

31.12.2011

€75,598,596

GOVA FINANCE B.V.

 

13037564

31.12.2008

KERRY FOODS FRANCE

 

334477163

31.12.2011

€15,419,671

KERRY FOODS DISTRIBUTION LIMITED

 

00514648

31.12.2013

DIVERSITY FOODS LIMITED

 

01132457

31.12.2013

DALE COUNTRY FOODS LIMITED

 

02056175

31.12.2013

DAIRYBORN FOODS LIMITED

 

02476760

31.12.2013

CEREAL INNOVATIONS LIMITED

 

04536219

31.12.2013

INTERFOOD HANDELSGESELLSCHAFT FÜR NAHRUNGSMITTEL MIT BESCHRÄNKTER HAFTUNG

 

HRB 11674 HL

31.12.2011

 

Creditor Details

Total Number

Total Value

Trade Creditors

0

-

 

No Creditor Data

 

Trade Debtors / Bad Debt Detail

Total Number of Documented Trade

Total Value of Documented Trade

Trade Debtors

1

£3,900

 

Company Name

Amount

Statement Date

Oak Forest Foods Limited

£3,900

28/07/2010

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

John Cliffe Hamilton Adam

1

1

James MacPherson

0

3

Michael Paul Kimber

0

1

Alan Charles Wallwork

3

122

Michael Charles Wade

1

2

David Henry Lipka

0

3

Leonard Evans

0

1

Hugh Friel

23

61

Denis Cregan

24

58

John David Model

0

5

Denis Brosnan

13

72

Average Invoice Value

Ł562.23

Invoices available

4360

Paid

4014

Outstanding

346

 

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

833

2272

436

227

246

Outstanding

100

133

36

42

35

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.76

UK Pound

1

Rs.97.80

Euro

1

Rs.69.91

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

SDA

 

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.