MIRA INFORM REPORT

Report No. :	490381
Report Date :	07.02.2018

IDENTIFICATION DETAILS

Name :	DEVILBISS HEALTHCARE LIMITED

Registered Office :	Unit 3, Bloomfield Park, Bloomfield Road, Tipton DY4 9AP

Country :	United Kingdom

Financials (as on) :	31.12.2016

Date of Incorporation :	07.12.2009

Com. Reg. No.:	07097418

Legal Form :	Private Limited with Share Capital

Line of Business :	· Wholesale of pharmaceutical goods · Distribute respiratory and sleep therapy products into UK and international markets.

No. of Employees :	23 [2016]

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Medium Risk

Business dealings permissible on a regular monitoring basis

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

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

United Kingdom

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

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; the UK has been a net importer of energy since 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 the UK’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 then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

Source : CIA

Company Summary

Registered Address

Unit 3
Bloomfield Park, Bloomfield Road
Tipton
DY4 9AP

Trading Address

Unit 3
Bloomfield Park, Bloomfield Road
Tipton
West Midlands
DY4 9AP

Website Address http://www.devilbisshc.com

Company Number 07097418

Telephone Number 01215213140

Fax Number -

TPS No

FPS Yes

Incorporation Date 07/12/2009

Previous Name -

Type Private Limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 27/04/2017

Currency GBP

Share Capital £100

SIC07 46460

Charity Number -

SIC07 Description Wholesale of pharmaceutical goods

Principal Activity Distribute respiratory and sleep therapy products into UK and international

markets.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company DEVILBISS HEALTHCARE HOLDINGS LLC

Accountant -

Mortgages 1

Group 3 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.12.2016	-	-	£113,034	23
31.12.2015	-	-	£43,982	23
02.07.2015	-	-	-£107,681	-

Mortgage summary

Total Mortgage 1

Outstanding 0

Satisfied 1

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 Small company.

The latest Balance Sheet indicates a positive net working capital position.

The high debt/equity ratio indicates that assets are funded primarily by creditors rather than equity/reinvested profits.

There has been an increase in shareholders funds compared with the previous balance sheet.

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	3	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	6	Total Person's With Significant Control	1

Current Directors

Title	Mr	Function	Director
Name	Oliver Herbert Niemann	Nationality	German
Date of Birth	03/1967	Present Appointments	1
Latest Address	Unit 3 Bloomfield Park, Bloomfield Road, Tipton, West Midlands	Appointment Date	05/09/2011
Post Code	DY4 9AP
Title	Mr	Function	Director
Name	Timothy Fitzgerald Walsh	Nationality	American
Date of Birth	11/1964	Present Appointments	1
Latest Address	Unit 3 Bloomfield Park, Bloomfield Road, Tipton, West Midlands	Appointment Date	09/09/2011
Post Code	DY4 9AP

Title	Mrs	Function	Director
Name	Amy O'Keefe	Nationality	American
Date of Birth	12/1970	Present Appointments	1
Latest Address	99 Seaview Blvd 99 Seaview Blvd, Port Washington, New York	Appointment Date	10/10/2017
Post Code	11050

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Timothy Fitzgerald Walsh	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	Unit 3 Bloomfield Park, Bloomfield Road, Tipton, West Midlands	Appointment Date	05/09/2011
Post Code	DY4 9AP

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
DEVILBISS HEALTHCARE LLC	GBP	100	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
	Weeks	52	(%)	26	(%)	53	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Depreciation	£27,331	120%	£12,425	-44.4%	£22,367	4.1%	£21,489	23.6%	£17,381
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Tangible Assets	£50,626	-22.7%	£65,516	-8.1%	£71,261	-12.3%	£81,230	-12.8%	£93,164
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Intangible Assets	0	-100%	£447,414	-10.5%	£500,088	-17.4%	£605,436	-14.8%	£710,784
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Fixed Assets	£50,626	-90.1%	£512,930	-10.2%	£571,349	-16.8%	£686,666	-14.6%	£803,948
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Stock	£144,084	-64%	£399,740	62.8%	£245,566	8.9%	£225,526	-56.6%	£519,290
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Trade Debtors	£1,878,300	12.4%	£1,670,476	31.2%	£1,273,322	7.5%	£1,184,658	146.8%	£479,912
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Cash	£80,156	-77.4%	£354,492	109.4%	£169,288	56.7%	£108,004	-53.3%	£231,503
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Current Assets	£2,102,540	-13.3%	£2,424,708	43.6%	£1,688,176	11.2%	£1,518,188	23.4%	£1,230,705
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Trade Creditors	£2,038,098	-29.5%	£2,890,592	22.3%	£2,364,006	8.4%	£2,180,069	16.3%	£1,874,257
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Current Liabilities	£2,038,098	-29.5%	£2,890,592	22.3%	£2,364,006	8.4%	£2,180,069	16.3%	£1,874,257
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£2,034	-33.6%	£3,064	-4.3%	£3,200	10.2%	£2,904	-98.8%	£245,170
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Long Term Liabilities	£2,034	-33.6%	£3,064	-4.3%	£3,200	10.2%	£2,904	-98.8%	£245,170

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Called Up Share Capital	£100	-	£100	-	£100	-	£100	-	£100
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	P & L Account Reserve	£112,934	157.4%	£43,882	140.7%	-£107,781	-594.8%	£21,781	125.7%	-£84,874
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Shareholder Funds	£113,034	157%	£43,982	140.8%	-£107,681	-592.1%	£21,881	125.8%	-£84,774

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Net Worth	£113,034	128%	-£403,432	33.6%	-£607,769	-4.1%	-£583,555	26.6%	-£795,558
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Working Capital	£64,442	113.8%	-£465,884	31.1%	-£675,830	-2.1%	-£661,881	-2.8%	-£643,552
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Assets	£2,153,166	-26.7%	£2,937,638	30%	£2,259,525	2.5%	£2,204,854	8.4%	£2,034,653
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Liabilities	£2,040,132	-29.5%	£2,893,656	22.2%	£2,367,206	8.4%	£2,182,973	3%	£2,119,427
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Net Assets	£113,034	157%	£43,982	140.8%	-£107,681	-592.1%	£21,881	125.8%	-£84,774

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	02/07/15	(%)	27/06/14	(%)	28/06/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Capital Employed	£115,068	144.6%	£47,046	145%	-£104,481	-521.5%	£24,785	-84.5%	£160,396
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Number of Employees	23	-	23	-	-	-	-	-	-
	Accountants
	Auditors	CK AUDIT
	Auditor Comments	The audit report contains no adverse comments
	Bankers	BARCLAYS BANK PLC
	Bank Branch Code	20-97-78

Ratios

	Date Of Accounts	31/12/16	31/12/15	02/07/15	27/06/14	28/06/13
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Current ratio	1.03	0.84	0.71	0.70	0.66
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Gearing %	1.80	7	-3	13.30	-289.20
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Equity in %	5.20	1.80	-6.10	1.40	-6.40
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Liquidity/Acid Test	0.96	0.70	0.61	0.59	0.37
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Current Debt Ratio	18.03	65.72	-21.95	99.63	-22.10
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Total Debt Ratio	18.04	65.79	-21.98	99.76	-25
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
15/01/2018	Confirmation Statement
03/11/2017	Payment Data Update Received
03/11/2017	New Board Member Mrs A. O'Keefe appointed
02/11/2017	Payment Data Update Received
02/11/2017	Mr T. San Antonio has left the board
10/05/2017	Payment Data Update Received
09/05/2017	New Accounts Filed
09/05/2017	New Accounts Filed
28/02/2017	Payment Data Update Received
21/02/2017	Payment Data Update Received
28/12/2016	Payment Data Update Received
28/12/2016	Annual Returns
23/12/2016	Payment Data Update Received
29/06/2016	Payment Data Update Received
09/06/2016	Payment Data Update Received

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	3 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status	Wholly Owned
Ultimate Holding Company	DEVILBISS HEALTHCARE HOLDINGS LLC

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\tminus.gif$ DEVILBISS HEALTHCARE HOL...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\tminus.gif$ DEVILBISS HEALTHCARE LLC	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\DEVILBISS HEALTHCARE LTD_files\L.gif$ DEVILBISS HEALTHCARE...	07097418	31.12.2016	N

Mortgage Details

Mortgage Type:
Date Charge Created:	18/12/13
Date Charge Registered:	30/12/13
Date Charge Satisfied:	14/07/15
Status:	SATISFIED
Person(s) Entitled:	FAUNUS GROUP INTERNATIONAL, INC.;
Amount Secured:
Details:	CONTAINS FIXED CHARGE.CONTAINS FLOATINGCHARGE.FLOATING CHARGE COVERS ALL THE PROPERTY OR UNDERTAKING OF THE COMPANY.NOTIFICATION OF ADDITION TO OR AMENDMENT OF CHARGE.

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Edward Gunther Murphy	0			1	0
Peter Riley	0			1	0
Larry Eugene Price	0			1	0
Michael George Panian	0			1	0
Steven Amelio	0			1	0
Thomas San Antonio	0			1	0
Total Persons With Significant Control		1	Total Statements			0
Active		1	Active			0
Ceased		0	Ceased			0

Active Persons With Significant Control

Name	Devilbiss Healthcare Llc	Kind	Corporate Entity With Significant Control
Address	100 Devilbiss Drive, Somerset, Pa	Notified On	06/04/2016
Post Code	-	Legal Form	Limited Liability Company
Authority	Usa	Place Registered	-
Country Registered	-	Registration Number	-
Nature Of Control	Ownership of shares - above 75%

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.27
UK Pound	1	INR 89.72
Euro	1	INR 79.52
GBP	1	INR 89.57

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

INFORMATION DETAILS

Analysis Done by :	NIY

Report Prepared by :	TPT

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)

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