|
|
|
MIRA INFORM REPORT
|
Report No. : |
484156 |
|
Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
THRACE
SYNTHETIC PACKAGING LIMITED |
|
|
|
|
Registered Office : |
Clara,
Co Offaly, 999320 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
18.07.1984
|
|
|
|
|
Com. Reg. No.: |
IE102221
|
|
|
|
|
Legal Form : |
Ltd -
Private Company Limited By Shares |
|
|
|
|
Line of Business : |
·
Manufacture of man-made fibres ·
The distribution of polypropylene products. |
|
|
|
|
No. of Employees : |
18 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
Ireland |
A2 |
A2 |
|
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 5.2%. The recovering economy assisted lowering the deficit to 2.5% of GDP. 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%, the highest growth in the EU for two consecutive years. This dramatic 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 4.2% in 2016.
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: THRACE SYNTHETIC
PACKAGING LIMITED
Company
No: IE102221
Company
Status: Active - Accounts
Filed
Registered
Address: CLARACO OFFALY999320
Company Name
THRACE
SYNTHETIC PACKAGING LIMITED
Company Number
IE102221
Company Summary
Registered Address CLARA
CO OFFALY
999320
Trading Address CLARA
CO OFFALY
CO OFFALY
163220
Website
Address -
Eircode -
VAT
Number IE4740048R
Telephone
Number -
Fax
Number
TPS -
FPS Yes
Incorporation
Date 18/07/1984
Previous
Name
Type LTD - PRIVATE COMPANY LIMITED BY SHARES
FTSE
Index -
Date of
Change -
Filing
Date of Accounts -
Currency EUR
Share
Capital €1,000,000
SIC07 20600
Charity
Number -
SIC07
Description MANUFACTURE OF MAN-MADE FIBRES
Principal
Activity The distribution of polypropylene products.
Nace Code
-
Nace
Description -
Additional Information
CJ's 0 (€0)
No CJ Information To Display
Ultimate
Holding Company THRACE PLASTICS SA
Accountant
-
Mortgages
5
Group 8 companies
Linkages 0 companies
Countries
In 0 countries
Key Financials
Year to
Date Turnover Pre Tax Profit Shareholder's
Funds Employees
31/12/2016
- €443,024
€3,913,026 18
31/12/2015
€9,908,538 €540,024 €3,537,438
18
31/12/2014
€9,134,978 €413,591 €3,073,539
18
Mortgage Summary
Total
Mortgage 5
Outstanding 2
Satisfied 3
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. |
|
Net
Worth increased by 10.6% during the latest trading period. |
|
A 3.9% growth
in Total Assets occurred during the latest trading period. |
|
The
company saw an increase in their Cash Balance of 171% during the latest
trading period. |
CJ
|
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 |
6 |
Total
Current Secretaries |
1 |
|
Total
Previous Directors / Company Secretaries |
11 |
Current Directors
|
Title |
Function |
Director |
|
|
Name |
KONSTANTINIS
CHALIORIS |
Nationality |
|
|
Date of
Birth |
09/1962 |
Present
Appointments |
2 |
|
Latest
Address |
20
MARINOU ANTIPA STR, 17455 ATHENS, GREECE |
Appointment
Date |
04/07/2000 |
|
Title |
Function |
Director |
|
|
Name |
AIDAN
DEVERY |
Nationality |
|
|
Date of
Birth |
09/1960 |
Present
Appointments |
2 |
|
Latest
Address |
LISSANISKY,
CLARA, CO. OFFALY |
Appointment
Date |
28/02/2001 |
|
Eircode |
|||
|
|
|
||
|
Title |
Function |
Director |
|
|
Name |
KEVIN CROTHERS |
Nationality |
|
|
Date of
Birth |
04/1970 |
Present
Appointments |
2 |
|
Latest
Address |
12
COLLEGE HILL, MULLINGAR, CO. WESTMEATH, IRELAND |
Appointment
Date |
01/04/2008 |
|
Title |
Function |
Director |
|
|
Name |
COLIN
JOHNSON |
Nationality |
|
|
Date of
Birth |
05/1969 |
Present
Appointments |
1 |
|
Latest
Address |
11
CHALLUM PLACE, BROUGHTY FERRY, DUNDEE DD5 3SZ, SCOTLAND |
Appointment
Date |
01/01/2011 |
|
Title |
Function |
Director |
|
|
Name |
DIMITRIS
MALAMOS |
Nationality |
|
|
Date of
Birth |
02/1976 |
Present
Appointments |
1 |
|
Latest
Address |
5
IKAROU STREET, 14564 KIFISSIA, ATHENS, GREECE |
Appointment
Date |
01/01/2011 |
|
Title |
Function |
Director |
|
|
Name |
GEORGIOS
BRAIMIS |
Nationality |
|
|
Date of
Birth |
12/1966 |
Present
Appointments |
1 |
|
Latest
Address |
30 B
KIFISSON STREET, ATHENS 14562, GREECE |
Appointment
Date |
12/01/2012 |
Current Company Secretary
|
Title |
Function |
Company
Secretary |
|
|
Name |
KEVIN
CROTHERS |
Nationality |
|
|
Date of
Birth |
04/1970 |
Present
Appointments |
2 |
|
Latest
Address |
12
COLLEGE HILL, MULLINGAR, CO. WESTMEATH, IRELAND |
Appointment
Date |
29/09/2010 |
|
Eircode |
|||
|
Other
Actions |
|||
Authorised Person
Top Shareholders
|
Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
% of
Total Share Count |
|
|
SYNTHETIC
HOLDINGS LTD |
EUR |
800,000 |
ORDINARY
|
1.25 |
100 |
|
|
|
||||||
Financials
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 |
|
|
|
Turnover |
- |
- |
€9,908,538 |
8.5% |
€9,134,978 |
-1.3% |
€9,254,680 |
6.9% |
€8,654,204 |
|
|
Export |
- |
- |
€1,903,331 |
15% |
€1,654,888 |
7.1% |
€1,545,880 |
-9.5% |
€1,707,848 |
|
|
Cost of
Sales |
- |
-100% |
€8,041,836 |
7% |
€7,518,649 |
-1.4% |
€7,623,568 |
9.6% |
€6,955,332 |
|
|
Gross
Profit |
€1,811,475 |
-3% |
€1,866,702 |
15.5% |
€1,616,329 |
-0.9% |
€1,631,112 |
-4% |
€1,698,872 |
|
|
Wages
& Salaries |
€914,325 |
10.3% |
€828,655 |
4.5% |
€793,163 |
102.8% |
€391,038 |
-46.6% |
€732,465 |
|
|
Directors
Emoluments |
€250,651 |
2.2% |
€245,353 |
16.6% |
€210,396 |
-9.2% |
€231,658 |
-0.7% |
€233,407 |
|
|
Operating
Profit |
€443,024 |
-18% |
€540,024 |
30.6% |
€413,591 |
-49.3% |
€815,511 |
90.5% |
€428,036 |
|
|
Depreciation |
€45,679 |
-10.4% |
€50,957 |
9.8% |
€46,388 |
65.5% |
€28,032 |
15% |
€24,385 |
|
|
Audit
Fees |
€12,660 |
8.2% |
€11,700 |
- |
€11,700 |
-22.7% |
€15,133 |
-18.2% |
€18,500 |
|
|
Interest
Payments |
- |
- |
- |
- |
- |
-100% |
€8,000 |
-75.8% |
€33,000 |
|
|
Pre Tax
Profit |
€443,024 |
-18% |
€540,024 |
30.6% |
€413,591 |
-49.2% |
€813,511 |
95.1% |
€417,036 |
|
|
Taxation |
-€67,436 |
11.4% |
-€76,125 |
-29.8% |
-€58,641 |
47.7% |
-€112,195 |
-75.6% |
-€63,896 |
|
|
Profit
After Tax |
€375,588 |
-19% |
€463,899 |
30.7% |
€354,950 |
-49.4% |
€701,316 |
98.6% |
€353,140 |
|
|
Dividends
Payable |
- |
- |
- |
- |
- |
-100% |
€349,430 |
- |
- |
|
|
Retained
Profit |
€375,588 |
-19% |
€463,899 |
30.7% |
€354,950 |
0.9% |
€351,886 |
-0.4% |
€353,140 |
Balance
Sheet
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Tangible
Assets |
€1,115,075 |
10.7% |
€1,006,876 |
-2.4% |
€1,031,869 |
81.4% |
€568,932 |
179.3% |
€203,703 |
|
|
Intangible
Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Fixed Assets |
€1,115,075 |
10.7% |
€1,006,876 |
-2.4% |
€1,031,869 |
81.4% |
€568,932 |
179.3% |
€203,703 |
|
|
Stock |
€1,696,479 |
6.1% |
€1,598,308 |
3.7% |
€1,540,836 |
-19% |
€1,902,009 |
13.5% |
€1,675,410 |
|
|
Trade
Debtors |
€1,998,688 |
-10% |
€2,219,545 |
28.3% |
€1,729,795 |
8.6% |
€1,592,582 |
-2.3% |
€1,629,457 |
|
|
Cash |
€317,342 |
171% |
€117,114 |
-66.7% |
€351,457 |
35.3% |
€259,761 |
-38.7% |
€423,557 |
|
|
Other
Debtors |
€39,068 |
18.1% |
€33,077 |
-56.3% |
€75,628 |
-11.8% |
€85,773 |
-77.5% |
€380,539 |
|
|
Miscellaneous
Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Current Assets |
€4,051,577 |
2.1% |
€3,968,044 |
7.3% |
€3,697,716 |
-3.7% |
€3,840,125 |
-6.5% |
€4,108,963 |
|
|
Trade
Creditors |
€1,253,626 |
999.9% |
€89,374 |
-69.3% |
€291,369 |
-29% |
€410,290 |
115.8% |
€190,103 |
|
|
Bank
Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other
Short Term Finance |
0 |
-100% |
€951,586 |
-9.3% |
€1,049,507 |
-0.7% |
€1,057,012 |
-7.3% |
€1,140,609 |
|
|
Miscellaneous
Current Liabilities |
0 |
-100% |
€396,522 |
25.8% |
€315,170 |
41.2% |
€223,166 |
-11% |
€250,876 |
|
|
Total
Current Liabilities |
€1,253,626 |
-12.8% |
€1,437,482 |
-13.2% |
€1,656,046 |
-2% |
€1,690,468 |
6.9% |
€1,581,588 |
|
|
Bank
Loans & Overdrafts and LTL |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
€381,000 |
|
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total
Long Term Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
-100% |
€381,000 |
.
Capital
& Reserves
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Called
Up Share Capital |
€1,000,000 |
- |
€1,000,000 |
- |
€1,000,000 |
- |
€1,000,000 |
- |
€1,000,000 |
|
|
P &
L Account Reserve |
€2,801,331 |
15.5% |
€2,425,743 |
23.6% |
€1,961,844 |
22.1% |
€1,606,894 |
29.8% |
€1,238,383 |
|
|
Revaluation
Reserve |
€38,912 |
- |
€38,912 |
- |
€38,912 |
- |
€38,912 |
- |
€38,912 |
|
|
Sundry
Reserves |
€72,783 |
- |
€72,783 |
- |
€72,783 |
- |
€72,783 |
- |
€72,783 |
|
|
Shareholder
Funds |
€3,913,026 |
10.6% |
€3,537,438 |
15.1% |
€3,073,539 |
13.1% |
€2,718,589 |
15.7% |
€2,350,078 |
Other
Financial Items
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Net
Worth |
€3,913,026 |
10.6% |
€3,537,438 |
15.1% |
€3,073,539 |
13.1% |
€2,718,589 |
15.7% |
€2,350,078 |
|
|
Working
Capital |
€2,797,951 |
10.6% |
€2,530,562 |
23.9% |
€2,041,670 |
-5% |
€2,149,657 |
-14.9% |
€2,527,375 |
|
|
Total
Assets |
€5,166,652 |
3.9% |
€4,974,920 |
5.2% |
€4,729,585 |
7.3% |
€4,409,057 |
2.2% |
€4,312,666 |
|
|
Total
Liabilities |
€1,253,626 |
-12.8% |
€1,437,482 |
-13.2% |
€1,656,046 |
-2% |
€1,690,468 |
-13.9% |
€1,962,588 |
|
|
Net
Assets |
€3,913,026 |
10.6% |
€3,537,438 |
15.1% |
€3,073,539 |
13.1% |
€2,718,589 |
15.7% |
€2,350,078 |
Cash Flow
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Net
Cashflow from Operations |
-€354,106 |
-69.9% |
-€208,379 |
-134.7% |
€601,021 |
-3.8% |
€624,623 |
-81.8% |
€3,430,057 |
|
|
Net
Cashflow before Financing |
€200,228 |
185.4% |
-€234,343 |
-355.6% |
€91,696 |
-50.6% |
€185,634 |
-94.6% |
€3,430,057 |
|
|
Net
Cashflow from Financing |
- |
- |
- |
- |
- |
100% |
-€349,430 |
90.3% |
-€3,609,291 |
|
|
Increase
in Cash |
€200,228 |
185.4% |
-€234,343 |
-355.6% |
€91,696 |
156% |
-€163,796 |
8.6% |
-€179,234 |
Miscellaneous
|
Date Of
Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
Contingent
Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
Capital
Employed |
€3,913,026 |
10.6% |
€3,537,438 |
15.1% |
€3,073,539 |
13.1% |
€2,718,589 |
-0.5% |
€2,731,078 |
|
|
Number
of Employees |
18 |
- |
18 |
- |
18 |
-21.7% |
23 |
35.3% |
17 |
|
Accountants |
||||||||||
|
Auditors |
RUSSELL
BRENNAN KEANE BUSINESS ADVISERS |
|||||||||
|
Auditor
Comments |
The
audit report contains no adverse comments |
|||||||||
|
Bankers |
BANK OF
IRELAND |
|||||||||
|
Bank
Branch Code |
90-16-93 |
|||||||||
Ratios
|
Date Of
Accounts |
31/12/16 |
31/12/15 |
31/12/14 |
31/12/13 |
31/12/12 |
|
|
|
Pre-tax
profit margin % |
- |
5.45 |
4.53 |
8.79 |
4.82 |
|
|
Current
ratio |
3.23 |
2.76 |
2.23 |
2.27 |
2.60 |
|
|
Sales/Net
Working Capital |
- |
3.92 |
4.47 |
4.31 |
3.42 |
|
|
Gearing
% |
0 |
0 |
0 |
0 |
16.20 |
|
|
Equity
in % |
75.70 |
71.10 |
65 |
61.70 |
54.50 |
|
|
Creditor
Days |
- |
3.28 |
11.61 |
16.13 |
7.99 |
|
|
Debtor
Days |
- |
81.53 |
68.92 |
62.63 |
68.53 |
|
|
Liquidity/Acid
Test |
1.87 |
1.64 |
1.30 |
1.14 |
1.53 |
|
|
Return
On Capital Employed % |
11.32 |
15.26 |
13.45 |
29.92 |
15.27 |
|
|
Return
On Total Assets Employed % |
8.57 |
10.85 |
8.74 |
18.45 |
9.67 |
|
|
Current
Debt Ratio |
0.32 |
0.40 |
0.53 |
0.62 |
0.67 |
|
|
Total
Debt Ratio |
0.32 |
0.40 |
0.53 |
0.62 |
0.83 |
|
|
Stock
Turnover Ratio % |
- |
16.13 |
16.86 |
20.55 |
19.35 |
|
|
Return
on Net Assets Employed % |
11.32 |
15.26 |
13.45 |
29.92 |
17.74 |
Report
Notes
|
There are no notes to
display. |
History
|
No
Status History found |
Event History
|
Date |
Description |
|
17/06/2017 |
New
Accounts Filed |
|
17/06/2017 |
New
Accounts Filed |
|
16/06/2017 |
Annual
Returns |
|
04/06/2016 |
New
Accounts Filed |
|
04/06/2016 |
New
Accounts Filed |
|
03/06/2016 |
Annual
Returns |
|
22/06/2015 |
New
Accounts Filed |
|
22/06/2015 |
New
Accounts Filed |
|
20/06/2015 |
Annual
Returns |
|
30/06/2014 |
New
Accounts Filed |
|
30/06/2014 |
New Accounts
Filed |
|
27/06/2014 |
Annual
Returns |
|
03/03/2014 |
STEPHEN
DUFFY has left the board |
|
22/06/2013 |
New
Accounts Filed |
|
22/06/2013 |
New
Accounts Filed |
Previous
Company Names
|
No
Previous Names found |
Received
Documents
|
No
writs found |
Statistics
|
Group |
8
companies |
|
Linkages |
0
companies |
|
Countries |
In 0
countries |
Summary
|
Holding
Company |
SYNTHETIC
(HOLDINGS) LIMITED |
|
Ownership
Status |
Intermediately
Owned |
|
Ultimate
Holding Company |
THRACE
PLASTICS SA |
Group Structure
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
N/A |
- |
- |
|
|
|
SC005657
|
31.12.2016 |
Y |
£59,763,000
|
|
|
SC026425
|
31.12.2016 |
N |
|
|
|
SC014156
|
31.12.2016 |
N |
|
|
|
NI026913
|
31.12.2016 |
N |
|
|
|
IE102221
|
31.12.2016 |
N |
|
|
|
IE238183
|
31.12.2016 |
N |
|
|
|
NI011181
|
31.12.2016 |
N |
|
Group |
8
companies |
|
Linkages
|
0
companies |
|
Countries
|
In 0
countries |
Mortgage Details
|
Mortgage
Type: |
Fixed
Charge over Property. |
||
|
Date
Charge Created: |
15/03/17 |
||
|
Date Charge
Registered: |
03/03/17 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
NOT
SATISFIED |
||
|
Person(s)
Entitled: |
THE
GOVERNOR AND COMPANY OF THE BANK OF IRELAND |
||
|
Amount
Secured: |
|||
|
Details: |
|||
|
Mortgage
Type: |
FIXED
& FLOATING CHARGE. |
||
|
Date
Charge Created: |
24/03/93 |
||
|
Date
Charge Registered: |
02/04/93 |
||
|
Date
Charge Satisfied: |
- |
||
|
Status: |
NOT
SATISFIED |
||
|
Person(s)
Entitled: |
THE
GOVERNOR & CO OF THE BANK OF IRELAND |
||
|
Amount
Secured: |
0 |
||
|
Details: |
ALL
SUMS DUE AND/OR TO BECOME DUE UNDER SPECIFIC AGREEMENT(S) |
||
|
Mortgage
Type: |
A
DEBENTURE. |
||
|
Date
Charge Created: |
06/06/85 |
||
|
Date
Charge Registered: |
21/06/85 |
||
|
Date
Charge Satisfied: |
12/11/93 |
||
|
Status: |
FULLY SATISFIED |
||
|
Person(s)
Entitled: |
ALLIED
IRISH BANKS PLC |
||
|
Amount
Secured: |
0 |
||
|
Details: |
ALL
SUMS NOW DUE OR HEREAFTER TO BECOME DUE FROM THE COMPANY TO THE PERSON(S)
ENTITLED |
||
|
Mortgage
Type: |
A
DEBENTURE. |
||
|
Date
Charge Created: |
19/11/84 |
||
|
Date
Charge Registered: |
29/11/84 |
||
|
Date
Charge Satisfied: |
04/10/93 |
||
|
Status: |
FULLY
SATISFIED |
||
|
Person(s)
Entitled: |
FIRST
NATIONAL BANK OF BOSTON |
||
|
Amount
Secured: |
0 |
||
|
Details: |
ALL SUMS
NOW DUE OR HEREAFTER TO BECOME DUE FROM THE COMPANY TO THE PERSON(S) ENTITLED |
||
|
Mortgage
Type: |
A
MORTGAGE DEBENTURE. |
||
|
Date
Charge Created: |
19/11/84 |
||
|
Date
Charge Registered: |
29/11/84 |
||
|
Date
Charge Satisfied: |
02/08/88 |
||
|
Status: |
FULLY
SATISFIED |
||
|
Person(s)
Entitled: |
FOIR
TEORANTA |
||
|
Amount
Secured: |
|||
|
Details: |
ALL
SUMS NOW DUE OR HEREAFTER TO BECOME DUE FROM THE COMPANY TO THE PERSON(S)
ENTITLED |
||
Previous Director/Company
Secretaries
|
Name |
Current
Active Appointments |
Previous
Appointments |
Dissolved
Companies |
|
GOODBODY
SECRETARIAL LIMITED |
0 |
23 |
30 |
|
WILTON
SECRETARIAL LIMITED |
2 |
10 |
5 |
|
IAN
HARRY HUTCHINSON |
0 |
4 |
1 |
|
ROBERT
BRIAN CARSON |
0 |
2 |
0 |
|
JAMES ANTHONY
MC'CORMACK |
0 |
1 |
0 |
|
KEVIN
MC'GIVERN |
0 |
1 |
0 |
|
STEPHEN
DUFFY |
0 |
2 |
0 |
|
WILLIAM
BAXTER |
0 |
2 |
0 |
|
JAMES
WALSH |
0 |
2 |
0 |
|
ROBERT
DUNN |
0 |
1 |
0 |
|
GEORGIAN
CORPORATE LIMITED |
1 |
2 |
0 |
|
Average
Invoice Value |
€1585.86
|
|
Invoices
available |
19 |
|
Paid |
19 |
|
Outstanding
|
0 |
|
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 |
19 |
0 |
0 |
0 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.39 |
|
|
1 |
INR 85.74 |
|
Euro |
1 |
INR 76.25 |
|
Euro |
1 |
INR 76.38 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.