MIRA INFORM REPORT

Report No. :	493337
Report Date :	23.02.2018

IDENTIFICATION DETAILS

Name :	RECORDATI IRELAND LIMITED

Registered Office :	Raheens East, Ringaskiddy, Co Cork, 616539

Country :	Ireland

Financials (as on) :	31.12.2016

Date of Incorporation :	01.05.2002

Com. Reg. No.:	IE356299

Legal Form :	Ltd - Private Company Limited By Shares

Line of Business :	· Manufacture Of Pharmaceutical Preparations · The Licensing, Development, Manufacture, Sale And Distribution Of Products Related To Pharmaceuticals And Pharmaceutical Chemicals

No. of Employees :	55

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Good

Payment Behaviour :	Regular

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

(30.09.2017)

Current Rating

(31.12.2017)

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: RECORDATI IRELAND LIMITED

Company No: IE356299

Registered Address: RAHEENS EAST RINGASKIDDY CO CORK 616539

Company Summary

Registered Address RAHEENS EAST
RINGASKIDDY
CO CORK
616539

Trading Address RAHEENS EAST
RINGASKIDDY
CO CORK
CO CORK
376801

Website Address -

Eircode -

VAT Number IE6376299J

Telephone Number 0214379400

Fax Number

TPS No

FPS Yes

Incorporation Date 01/05/2002

Previous Name

Type LTD - PRIVATE COMPANY LIMITED BY SHARES

FTSE Index -

Date of Change -

Filing Date of Accounts -

Currency EUR

Share Capital €200,000

SIC07 21200

Charity Number -

SIC07 Description MANUFACTURE OF PHARMACEUTICAL PREPARATIONS

Principal Activity The licensing, development, manufacture, sale and distribution of products related to pharmaceuticals and pharmaceutical chemicals.

Nace Code -

Nace Description -

Additional Information

CJ's 0 (€0)

No CJ Information To Display

Ultimate Holding Company RECORDATI INDUSTRIA CHIMICA E FARMACEITI

Accountant -

Mortgages 0

Group 5 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees

31/12/2016 €246,532,659 €74,593,533 €188,666,185 55

31/12/2015 €217,557,026 €59,346,649 €123,717,191 49

31/12/2014 €229,444,319 €54,963,727 €121,916,879 50

Mortgage Summary

Total Mortgage 0

Outstanding 0

Satisfied 0

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade €0

Commentary

No exact match CCJs are recorded against the company.

Sales in the latest trading period increased 13.3% on the previous trading period.

Net Worth increased by 80.1% during the latest trading period.

A 38.8% growth in Total Assets occurred during the latest trading period.

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	6	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	12

Current Directors

Title		Function	Director
Name	THOMAS KEVIN BUCKLEY	Nationality
Date of Birth	01/1969	Present Appointments	1
Latest Address	ARDEEVIN HOUSE, GURT, VICARSTOWN, CO. CORK	Appointment Date	09/10/2008
Eircode
Other Actions	View Director Report

Title		Function	Director
Name	PAOLO LUIGI ROMAGNOLI	Nationality
Date of Birth	11/1949	Present Appointments	1
Latest Address	VIA PALERMO 16, 20121 - MILAN, ITALY	Appointment Date	24/10/2013
Eircode
Other Actions	View Director Report

Title		Function	Director
Name	MICHAEL KEVIN KILKELLY	Nationality
Date of Birth	08/1966	Present Appointments	1
Latest Address	29 CLEARWATER, MEELMANE, COURTMACSHERRY, CO. CORK	Appointment Date	24/10/2013
Eircode
Other Actions	View Director Report

Title		Function	Director
Name	NELSON PIRES	Nationality
Date of Birth	11/1972	Present Appointments	1
Latest Address	AV. BERNA NO.4, RC DTO, 1050-053 LISBOA, PORTUGAL	Appointment Date	30/05/2017
Eircode
Other Actions	View Director Report

Title		Function	Director
Name	LUCA BOLLIGER	Nationality
Date of Birth	05/1967	Present Appointments	1
Latest Address	SCHLOSSLIHALDE 31G, 6006 LUZERN, SWITZERLAND	Appointment Date	30/05/2017
Eircode
Other Actions	View Director Report

Title		Function	Director
Name	CÉDRIC RIPERT	Nationality
Date of Birth	04/1979	Present Appointments	1
Latest Address	ROSE COTTAGE, ROCHESTOWN ROAD, CORK	Appointment Date	06/11/2017
Eircode
Other Actions	View Director Report

Current Company Secretary

Title		Function	Company Secretary
Name	KEVIN BUCKLEY	Nationality
Date of Birth	-	Present Appointments	1
Latest Address	ARDEEVIN HOUSE, GURT, VICARSTOWN, CO. CORK	Appointment Date	15/10/2007
Eircode
Other Actions

Financials

Authorised Person

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
RECORDATI SPA	EUR	200,000	ORDINARY	1	100
1

Profit & Loss

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	EUR	(%)	EUR	(%)	EUR	(%)	EUR	(%)	EUR
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Turnover	€246,532,659	13.3%	€217,557,026	-5.2%	€229,444,319	37.8%	€166,531,295	0.8%	€165,197,895
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Export	€222,679,635	14.5%	€194,481,110	-7.1%	€209,243,060	45.1%	€144,172,560	-0.2%	€144,440,173
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Cost of Sales	€150,375,422	13.2%	€132,788,325	1.6%	€130,685,942	43.8%	€90,883,756	14%	€79,696,122
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Gross Profit	€96,157,237	13.4%	€84,768,701	-14.2%	€98,758,377	30.6%	€75,647,539	-11.5%	€85,501,773
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Wages & Salaries	€4,188,725	5.5%	€3,970,251	13.3%	€3,503,339	-7.7%	€3,794,259	9.8%	€3,454,204
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Directors Emoluments	€529,793	10.3%	€480,202	6.8%	€449,611	2.9%	€436,860	-2.9%	€449,794
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Operating Profit	€70,717,409	17.1%	€60,397,625	0.8%	€59,917,439	21.1%	€49,489,559	-17.4%	€59,901,434
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Depreciation	€639,387	-18.5%	€784,998	-0.5%	€789,214	-2.2%	€806,806	2.8%	€784,554
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Audit Fees	€28,616	-0.1%	€28,636	104.5%	€14,000	-	€14,000	-	€14,000
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Pre Tax Profit	€74,593,533	25.7%	€59,346,649	8%	€54,963,727	10.9%	€49,542,022	-17.6%	€60,092,989
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Taxation	-€9,644,539	-27.8%	-€7,546,337	-7.9%	-€6,996,724	-11.3%	-€6,285,470	16.6%	-€7,534,918
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Profit After Tax	€64,948,994	25.4%	€51,800,312	8%	€47,967,003	10.9%	€43,256,552	-17.7%	€52,558,071
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Dividends Payable	-	-100%	€50,000,000	25%	€40,000,000	-20%	€50,000,000	11.1%	€45,000,000
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Retained Profit	€64,948,994	999.9%	€1,800,312	-77.4%	€7,967,003	218.1%	-€6,743,448	-189.2%	€7,558,071

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Tangible Assets	€5,912,122	21.7%	€4,856,956	-7.4%	€5,244,761	-11.6%	€5,932,481	-9.7%	€6,572,187
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Intangible Assets	€50,837,362	7.7%	€47,187,113	-6.9%	€50,668,059	-6.1%	€53,969,794	-7.8%	€58,556,081
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Fixed Assets	€56,749,484	9%	€52,044,069	-6.9%	€55,912,820	-6.7%	€59,902,275	-8%	€65,128,268
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Stock	€32,850,384	-8.3%	€35,809,727	-16.5%	€42,894,451	-12.2%	€48,870,471	3.2%	€47,358,208
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Trade Debtors	€15,812,732	3.4%	€15,288,629	-9.2%	€16,831,132	-2.4%	€17,250,652	-3.8%	€17,933,393
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Cash	€1,705,573	49.6%	€1,139,746	-67.9%	€3,546,284	21%	€2,931,739	-2.4%	€3,005,228
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Other Debtors	€120,299,740	102.3%	€59,462,942	34.8%	€44,114,817	261.6%	€12,201,286	-51.1%	€24,932,191
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-100%	€134,810	-94%	€2,250,673	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Current Assets	€170,668,429	52.6%	€111,835,854	2%	€109,637,357	34.9%	€81,254,148	-12.8%	€93,229,020
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Trade Creditors	€16,785,969	68%	€9,992,121	10.4%	€9,047,139	19.2%	€7,587,484	-25.8%	€10,225,088
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Other Short Term Finance	€13,282,429	-21.7%	€16,968,937	-25.8%	€22,872,874	99.6%	€11,457,112	-35.8%	€17,834,695
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	€8,683,330	-33.3%	€13,017,105	11.6%	€11,667,951	57.4%	€7,414,888	-16.9%	€8,918,502
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Current Liabilities	€38,751,728	-3.1%	€39,978,163	-8.3%	€43,587,964	64.7%	€26,459,484	-28.4%	€36,978,285
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-100%	€184,569	307.1%	€45,334	-93.9%	€747,063	9%	€685,679
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-100%	€184,569	307.1%	€45,334	-93.9%	€747,063	9%	€685,679

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Called Up Share Capital	€200,000	-	€200,000	-	€200,000	-	€200,000	-	€200,000
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	P & L Account Reserve	€187,866,185	52.8%	€122,917,191	1.5%	€121,116,879	7%	€113,149,876	-5.6%	€119,893,324
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Sundry Reserves	€600,000	-	€600,000	-	€600,000	-	€600,000	-	€600,000
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Shareholder Funds	€188,666,185	52.5%	€123,717,191	1.5%	€121,916,879	7%	€113,949,876	-5.6%	€120,693,324

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Net Worth	€137,828,823	80.1%	€76,530,078	7.4%	€71,248,820	18.8%	€59,980,082	-3.5%	€62,137,243
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Working Capital	€131,916,701	83.6%	€71,857,691	8.8%	€66,049,393	20.5%	€54,794,664	-2.6%	€56,250,735
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Assets	€227,417,913	38.8%	€163,879,923	-1%	€165,550,177	17.3%	€141,156,423	-10.9%	€158,357,288
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Liabilities	€38,751,728	-3.5%	€40,162,732	-8%	€43,633,298	60.4%	€27,206,547	-27.8%	€37,663,964
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Net Assets	€188,666,185	52.5%	€123,717,191	1.5%	€121,916,879	7%	€113,949,876	-5.6%	€120,693,324

Cash Flow

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

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	YES	-	YES	-	YES	-	YES	-	YES
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Capital Employed	€188,666,185	52.3%	€123,901,760	1.6%	€121,962,213	6.3%	€114,696,939	-5.5%	€121,379,003
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Number of Employees	55	12.2%	49	-2%	50	-3.8%	52	4%	50
	Accountants
	Auditors	KPMG
	Auditor Comments	The audit report contains no adverse comments
	Bankers	ALLIED IRISH BANK PLC
	Bank Branch Code	93-52-47

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Pre-tax profit margin %	30.26	27.28	23.96	29.75	36.38
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Current ratio	4.40	2.80	2.52	3.07	2.52
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Sales/Net Working Capital	1.87	3.03	3.47	3.04	2.94
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Gearing %	0	0.10	0	0.70	0.60
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Equity in %	106.80	106	106.10	130.70	120.90
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Creditor Days	24.78	16.71	14.35	16.58	22.53
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Debtor Days	23.34	25.57	26.70	37.70	39.51
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Liquidity/Acid Test	3.55	1.90	1.53	1.22	1.24
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Return On Capital Employed %	39.53	47.89	45.06	43.19	49.50
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Return On Total Assets Employed %	32.80	36.21	33.20	35.09	37.94
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Current Debt Ratio	0.20	0.32	0.35	0.23	0.30
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Total Debt Ratio	0.20	0.32	0.35	0.23	0.31
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Stock Turnover Ratio %	13.32	16.45	18.69	29.34	28.66
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\barchart-grey.png$	Return on Net Assets Employed %	39.53	47.96	45.08	43.47	49.78

Event History View Documents

Date	Description
25/11/2017	New Accounts Filed
23/11/2017	Annual Returns
06/11/2017	New Board Member (CÉDRIC RIPERT) appointed
09/06/2017	ANTOINE GROUES has left the board
30/05/2017	New Board Member (LUCA BOLLIGER) appointed
30/05/2017	New Board Member (NELSON PIRES) appointed
27/02/2017	ANDREA RECORDATI has left the board
05/12/2016	New Accounts Filed
05/12/2016	New Accounts Filed
01/12/2016	Annual Returns
01/12/2015	New Accounts Filed
28/11/2015	Annual Returns
21/11/2014	New Accounts Filed
12/11/2014	New Accounts Filed
07/11/2014	Annual Returns

Previous Company Names

No Previous Names found

Received Documents

Writ Details

No writs found

Statistics

Group	5 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status	Wholly Owned
Ultimate Holding Company	RECORDATI INDUSTRIA CHIMICA E FARMACEITI

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\tminus.gif$ RECORDATI INDUSTRIA CHIM...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\tminus.gif$ RECORDATI SA	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\L.gif$ RECORDATI IRELAND LI...	IE356299	31.12.2016	N	€246,532,659
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\tminus.gif$ RECORDATI SA CHEMICAL...	N/A	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\RECORDATI IRELAND LTD_files\L.gif$ RECORDATI PHARMACEUT...	05421174	31.12.2016	N	£2,734,922

Statistics

Group	5 companies
Linkages	0 companies
Countries	In 0 countries

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
JOSEPH LAWRENCE DUNDON	0	11	10
JOSEPH LAWRENCE DUNDON	0	11	10
ALBERTO RECORDATI	0	1	0
ARTHUR MULLER	0	1	0
ATTILIO CALZOLARI	0	1	0
ANDREA RECORDATI	0	1	0
WALTER BEUILACQUA	0	1	0
PAUL TCHERNIACK	0	1	0
ABRAHAM SARTANI	0	1	0
CONOR O'BRIEN	2	1	3
ANTOINE GROUES	0	1	0
GIOVANNI MARIANI	0	1	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.05
UK Pound	1	INR 90.41
Euro	1	INR 79.82
Euro	1	INR 79.85

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

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	KET

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.