3decades

MIRA INFORM REPORT

Report No. :	490149
Report Date :	06.02.2018

IDENTIFICATION DETAILS

Name :	PAT O'DONNELL & COMPANY

Registered Office :	California Heights, Chapelizod, Dublin 20, 662862

Country :	Ireland

Financials (as on) :	30.12.2016

Date of Incorporation :	13.05.1970

Com. Reg. No.:	IE031379

Legal Form :	ULC - Private Unlimited Company (Licenced Company)

Line of Business :	Sale of new cars and light motor vehicles

No. of Employees :	100 [2005]

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

Status :	Moderate

Payment Behaviour :	Unknown

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

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

Ireland

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	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 25% in 2015. In late 2014, the government introduced a fiscally neutral budget, marking the end of the austerity program. Continued growth of tax receipts has allowed the government to lower some taxes and increase public spending while keeping to its deficit-reduction targets. In 2015, GDP growth exceeded 26%. This increase reflected one-off statistical revisions, multinational corporate restructurings, and the aircraft leasing sector, rather than gains in the on the ground economy. Growth moderated to around 4.1% in 2017, but the recovering economy assisted lowering the deficit to 0.6% of GDP.

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% and a talented pool of high-tech laborers have been key factors in encouraging business investment. Loose tax residency requirements made Ireland a common destination for international firms seeking to avoid taxation. In 2014, amid growing international pressure, the government announced it would phase in more stringent tax laws, effectively closing a commonly used loophole.

Source : CIA

COMPANY NAME AND ADDRESS

Company Name: PAT O'DONNELL & COMPANY

Company No: IE031379

Registered Address: CALIFORNIA HEIGHTSCHAPELIZODDUBLIN 20662862

Company Name

PAT O'DONNELL & COMPANY

Company Number

IE031379

COMPANY SUMMARY

Company Number

IE031379

Company Name

PAT O'DONNELL & COMPANY

Registered Address

CALIFORNIA HEIGHTS
CHAPELIZOD
DUBLIN 20
662862

Eircode

VAT Number

Website Address

Telephone Number

TPS

Incorporation Date

13/05/1970

SIC07

45111

SIC03	5010
SIC03 Description	Sale of motor vehicles

SIC07 Description

SALE OF NEW CARS AND LIGHT MOTOR VEHICLES

Principal Activity

Nace Code

Description

Type

ULC - PRIVATE UNLIMITED COMPANY (LICENCED COMPANY)

FTSE Index

Share Capital

€255

Currency

EUR

Filing Date of Accounts

Charity Number	-

Fax Number		FPS	Yes
FPS	Yes
Currency	EUR
Share Capital	€255

Additional Information

CJ's

0 (€0)

Total Number of Exact CJ's	Total Value of Exact CJ's	€0
Total Number of Possible CJ's	Total Value of Possible CJ's	€0
Total Number of Satisfied CJ's	Total Value of Satisfied CJ's	€0
Total Number of Writs

No CJ Information To Display

Ultimate Holding Company

	-
Company Number	-

Accountant

Mortgages

Outstanding	0
Satisfied	5

Group

0 companies

Linkages

0 companies

Countries

In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder's Funds	Employees
30/12/2016	-	-	-	-

Commentary

No comments to display

CJ

Total Number of Exact CJs -	Total Value of Exact CJs -	€0
Total Number of Possible CJs -	Total Value of Possible CJs -	€0
Total Number of Satisfied CJs -	Total Value of Satisfied CJs -	€0

Total Current Directors	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	0

Current Directors

Title		Function	Director
Name	MARLEEN O'DONNELL	Nationality
Date of Birth	11/1942	Present Appointments	2
Latest Address	"ROSSDARRIG", CASTLEKNOCK ROAD, CASTLEKNOCK, DUBLIN 15	Appointment Date	12/04/1973

Title		Function	Director
Name	PATRICK JOHN O'DONNELL	Nationality
Date of Birth	05/1940	Present Appointments	9
Latest Address	"ROSSDARRIG", CASTLEKNOCK ROAD, CASTLEKNOCK, DUBLIN 15	Appointment Date	21/05/1970

Title		Function	Director
Name	PJ O'DONNELL	Nationality
Date of Birth	09/1979	Present Appointments	1
Latest Address	36 CASTLEKNOCK LODGE, CASTLEKNOCK, DUBLIN 15	Appointment Date	09/09/2009

Current Company Secretary

Title		Function	Company Secretary
Name	PATRICK JOHN O'DONNELL	Nationality
Date of Birth	05/1940	Present Appointments	9
Latest Address	"ROSSDARRIG", CASTLEKNOCK ROAD, CASTLEKNOCK, DUBLIN 15	Appointment Date	21/05/1970

Authorised Person

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
DAN	EUR	100	ORDINARY	1.27	49.75
DAN	EUR	99	ORDINARY A	1.27	49.25
CRONAN LTD	EUR	1	ORDINARY	1.27	0.5
CRONAN LTD	EUR	1	ORDINARY A	1.27	0.5
1

FINANCIALS

Note: The company has not filed its latest financials

Profit & Loss

	Date Of Accounts	30/12/16	(%)
	Weeks	52	(%)
	Currency	EUR	(%)
	Consolidated A/cs	N	(%)
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Turnover	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Export	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Cost of Sales	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Gross Profit	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Wages & Salaries	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Directors Emoluments	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Operating Profit	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Depreciation	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Audit Fees	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Interest Payments	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Pre Tax Profit	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Taxation	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Profit After Tax	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Dividends Payable	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Retained Profit	-	-

Balance Sheet

	Date Of Accounts	30/12/16	(%)
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Tangible Assets	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Intangible Assets	0	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Fixed Assets	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Stock	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Trade Debtors	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Cash	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Other Debtors	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Miscellaneous Current Assets	0	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Current Assets	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Trade Creditors	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Other Short Term Finance	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Current Liabilities	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Other Long Term Finance	0	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Long Term Liabilities	0	-100%

Capital & Reserves

	Date Of Accounts	30/12/16	(%)
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Called Up Share Capital	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	P & L Account Reserve	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Revaluation Reserve	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Sundry Reserves	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Shareholder Funds	-	-100%

Other Financial Items

	Date Of Accounts	30/12/16	(%)
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Net Worth	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Working Capital	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Assets	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Liabilities	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Net Assets	-	-100%

Miscellaneous

	Date Of Accounts	30/12/16	(%)
	Contingent Liability	NO	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Capital Employed	-	-100%
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Number of Employees	-	-

	Accountants
	Auditors	LHM CASEY MCGRATH LIMITED
	Auditor Comments	The audit report contains no adverse comments
	Bankers	ULSTER BANK LTD
	Bank Branch Code	98-50-90

Ratios

	Date Of Accounts	30/12/16
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Pre-tax profit margin %	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Current ratio	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Sales/Net Working Capital	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Gearing %	0
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Equity in %	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Creditor Days	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Debtor Days	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Liquidity/Acid Test	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Return On Capital Employed %	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Return On Total Assets Employed %	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Current Debt Ratio	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Total Debt Ratio	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Stock Turnover Ratio %	-
$Description: \\vivek-pc\123 Foreign Report Raw\PAT O'DONNELL & COMPANY_files\barchart-grey.png$	Return on Net Assets Employed %	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
09/01/2018	Annual Returns
08/01/2018	Annual Returns
23/12/2017	New Accounts Filed
18/11/2016	Annual Returns
19/10/2015	Annual Returns
04/12/2014	Annual Returns
16/10/2014	Annual Returns
30/10/2013	Annual Returns
17/11/2012	Annual Returns
01/11/2011	Annual Returns
11/11/2010	Annual Returns
04/11/2009	Annual Returns
09/09/2009	New Board Member (PJ O'DONNELL) appointed
09/03/2009	Annual Returns
15/04/2008	Annual Returns

Previous Company Names

No Previous Names found

Received Documents

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

mortgage Details

Mortgage Type:	A charge on land, wherever situate, or any interest therein, but not including a charge for any rent or other periodical sum issuing out of land. A charge on book debts of the company.
Date Charge Created:	23/07/07
Date Charge Registered:	27/07/07
Date Charge Satisfied:	19/03/15
Status:	FULLY SATISFIED
Person(s) Entitled:	ZURICH BANK
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 land, wherever situate, or any interest therein, but not including a charge for any rent or other periodical sum issuing out of land.
Date Charge Created:	09/09/03
Date Charge Registered:	11/09/03
Date Charge Satisfied:	23/03/16
Status:	FULLY SATISFIED
Person(s) Entitled:	ULSTER BANK IRELAND LIMITED
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:	DEED OF MORTGAGE.
Date Charge Created:	31/03/76
Date Charge Registered:	06/04/76
Date Charge Satisfied:	07/12/87
Status:	FULLY SATISFIED
Person(s) Entitled:	INDUSTRIAL CREDIT CORPORATION PLC
Amount Secured:	145000
Details:
Mortgage Type:	FIXED & FLOATING CHARGE.
Date Charge Created:	11/04/73
Date Charge Registered:	27/04/73
Date Charge Satisfied:	07/12/87
Status:	FULLY SATISFIED
Person(s) Entitled:	NORTHERN BANK FINANCE CORPORATION LTD.
Amount Secured:	64000
Details:

Mortgage Type:	A DEBENTURE.
Date Charge Created:	15/05/70
Date Charge Registered:	20/05/70
Date Charge Satisfied:	18/02/76
Status:	FULLY SATISFIED
Person(s) Entitled:	ULSTER MERCHANT FINANCE (DUBLIN) LIM ITED
Amount Secured:	28000
Details:

Previous Director/Company Secretaries

No Previous Director Details

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.03
UK Pound	1	INR 90.40
Euro	1	INR 79.73
Euro	1	INR 79.55

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	PRI

Report Prepared by :	SYL

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.

MIRA INFORM REPORT

COMPANY NAME AND ADDRESS

Company Name

Company Number

COMPANY SUMMARY

Additional Information

Key Financials

CJ

Current Directors

Current Company Secretary

Authorised Person

FINANCIALS

Event History

Statistics

Summary

mortgage Details

Previous Director/Company Secretaries

Unit