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Report No. : |
351392 |
|
Report Date : |
24.11.2015 |
IDENTIFICATION DETAILS
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Name : |
BIMEDA CHEMICALS EXPORT LIMITED |
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|
|
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Formerly Known As : |
EDGELY COMPANY LIMITED |
|
|
|
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Registered Office : |
First Floor, The Herbert Building, The Park, 216410 |
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Country : |
Ireland |
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Date of Incorporation : |
30.08.1978 |
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|
|
|
Legal Form : |
Private limited with Share Capital |
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Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Ireland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
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 dropped sharply during the world financial crisis and the subsequent collapse of its domestic property market and construction industry. Faced with sharply reduced revenues and a burgeoning budget deficit from efforts to stabilize its fragile banking sector, the Irish Government introduced the first in a series of draconian budgets in 2009. 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. 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 banking sector and avoid defaulting on its sovereign debt. In March 2011, the KENNY government intensified austerity measures to meet the deficit targets under Ireland's EU-IMF bailout program. 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. In 2014, the economy rapidly picked up and GDP grew by 3.6%. The recovering economy assisted lowering the deficit to 4.2% of GDP. In late 2014, the government introduced a fiscally neutral budget, marking the end of the austerity program. 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. Ireland’s low corporation tax of 12.5% has been central to encouraging business investment. Loose tax residency requirements made Ireland a common destination for international firms seeking to avoid taxation. Amid growing international pressure the government announced it would phase in more stringent tax laws, effectively closing a loophole.
|
Source
: CIA |
BIMEDA
CHEMICALS EXPORT LIMITED
FIRST FLOOR, THE
HERBERT BUILDING, THE PARK, 216410
|
Registered Address |
FIRST FLOOR |
Trading Address |
1 BROOMHILL ROADSTOKES |
|
|
THE HERBERT BUILDING |
|
PLACE |
|
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THE PARK |
|
TALLAGHT |
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|
216410 |
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DUBLIN 24 |
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|
|
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DUBLIN 24 |
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|
|
|
216410 |
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Website Address |
- |
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|
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Telephone Number |
|
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation Date |
30/08/1978 |
|
|
|
Previous Name |
EDGELY COMPANY LIMITED |
Type |
Private limited with Share Capital |
|
|
|
FTSE Index |
- |
|
Date of Change |
- |
Filing Date of Accounts |
- |
|
Currency |
EUR |
Share Capital |
€11,428 |
|
SIC07 Description |
|
Charity Number |
- |
|
Principal Activity |
The company did not trade during
y/e 31.12.14. |
||
Year to Date Turnover Pre Tax Profit Shareholder Funds Employees
31/12/2014 - - - -
31/12/2013 - - - -
31/12/2012 - - - -
|
Total Mortgage |
2 |
|
Outstanding |
1 |
|
Satisfied |
1 |
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Total Number of Documented
Trade |
0 |
|
Total Value of
Documented Trade |
€0 |
|
No comments to display |
|
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 |
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Total Previous Directors / Company |
|
|
Secretaries |
4 |
|
Name |
GARY DOYLE |
Date of Birth |
08/06/1966 |
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Officers Title |
|
Nationality |
|
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Present Appointments |
20 |
Function |
Director |
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Appointment Date |
20/10/2010 |
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Address |
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24 ST. NICHOLAS VILLAGE, BETTYSTOWN, CO.
MEATH |
|
|
Name |
PAUL BRADY |
Date of Birth |
27/02/1967 |
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Officers Title |
|
Nationality |
|
|
Present Appointments |
57 |
Function |
Director |
|
Appointment Date |
20/10/2010 |
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Address |
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17 STEPHENSTOWN COURT, TWO MILE HOUSE, NAAS,
CO KILDARE |
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|
Name |
PAUL BRADY |
Date of Birth |
27/02/1967 |
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Officers Title |
|
Nationality |
|
|
Present Appointments |
57 |
Function |
Company Secretary |
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Appointment Date |
16/06/2003 |
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|
Address |
|
17 STEPHENSTOWN COURT, TWO MILE HOUSE,
NAAS, CO KILDARE |
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|
Name |
|
Currency Share Count |
Share Type |
Nominal Value |
|
CROSS VETPHARM GROUP LTD |
EUR |
4,999 |
ORDINARY |
1.27 |
|
CROSS VETPHARM GROUP LTD |
EUR |
2,000 |
ORDINARY DEFERRED A |
1.27 |
|
CROSS VETPHARM GROUP LTD |
EUR |
2,000 |
ORDINARY DEFERRED B |
1.27 |
|
DANIEL TIERNEY |
EUR |
1 |
ORDINARY |
1.27 |
Unable to report
percentage holdings as filed Shareholder
listing is not full.
|
Date |
Description |
|
28/10/2015 |
New Accounts Filed |
|
27/10/2015 |
Annual Returns |
|
22/10/2014 |
New Accounts Filed |
|
22/10/2013 |
New Accounts Filed |
|
21/10/2013 |
Annual Returns |
|
15/04/2013 |
New Accounts Filed |
|
13/04/2013 |
Annual Returns |
|
17/12/2012 |
JONATHAN JAMES TIERNEY has left
the board |
|
17/12/2012 |
DANIEL PETER NICHOLAS TIERNEY has
left the board |
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17/12/2012 |
RANDALL AUGUSTINE TIERNEY has left
the board |
|
26/10/2011 |
Annual Returns |
|
26/10/2011 |
New Accounts Filed |
|
26/10/2010 |
New Accounts Filed |
|
25/10/2010 |
Annual Returns |
|
20/10/2010 |
New Board Member (PAUL BRADY) appointed |
|
Date |
Previous Name |
|
N/A |
EDGELY COMPANY LIMITED |
Received Documents
Writ Details
No writs found
|
Statistics |
|
Summary |
|
|
Group |
- |
Holding Company |
- |
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Linkages |
0 companies |
Ownership Status |
|
|
Countries |
In 0 countries |
Ultimate Holding Company |
- |
Group Structure
No Group Structure
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.35 |
|
UK Pound |
1 |
Rs.100.66 |
|
Euro |
1 |
Rs.70.47 |
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.