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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

485636

Report Date :

12.01.2018

 

IDENTIFICATION DETAILS

 

Name :

AMPACET UK LIMITED

 

 

Registered Office :

Unit F1 21 Halesfield Industrial Estate Telford TF7 4NX

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

15.08.2003

 

 

Com. Reg. No.:

04868378

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

·         Manufacture of other plastic products

·         The production of master batch for sale to the plastics industry.

 

 

No. of Employees :

23 (2016)

 

 

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)

United Kingdom

A1

A1

 

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 Britain'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 new Conservative majority government. However, the deficit still remains one of the highest in the G7, standing at 4.1% of GDP as of mid-2016, and Britain has pledged to lower its corporation tax from 20% to 17% by 2020. Britain had a debt burden of 92.2% GDP at the end of 2016.

While the UK is one of the fastest growing economies in the G7, economists are concerned about the potential negative impact of the UK’s vote to leave the EU. 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.

 

Source : CIA

 


Company Name and address

 

AMPACET UK LIMITED

 

UNIT F1 21 HALESFIELD INDUSTRIAL ESTATE TELFORD TF7 4NX

 

 

Company No.

 

04868378

 

 

Company Status

 

Active - Accounts Filed

 

 

Company Summary

 

Registered Address                   UNIT F1
21 HALESFIELD INDUSTRIAL ESTATE
TELFORD
TF7 4NX

 

Trading Address                        Unit F1
Halesfield 21
Halesfield Industrial Estate
Telford, Shropshire
TF7 4NX

 

Website Address                       http://www.ampacet.com

 

Telephone Number                    01952581814

Fax Number     

TPS                                          No

FPS                                          Yes

Incorporation Date                     15/08/2003

Previous Name

Type                                         Private limited with Share Capital

FTSE Index                               -

Date of Change                         -

Filing Date of Accounts                         12/08/2017

Currency                                   GBP

Share Capital                            £11

SIC07                                       22290

Charity Number                         -

SIC07 Description                     MANUFACTURE OF OTHER PLASTIC PRODUCTS

Principal Activity                       The production of master batch for sale to the plastics industry.

 

 

Additional Information

 

CCJ's                                       0 (£0)

No CCJ Information To Display

Ultimate Holding Company        AMPACET CORP

Accountant                               -

Mortgages                                1

Group                                       5 companies

Linkages                                   8 companies

Countries                                  In 8 countries

 

 

Key Financials

 

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

31/12/2016        £4,561,880        £132,287           £2,467,004                    23

31/12/2015        £4,159,863        £142,692           £2,352,462                    20

31/12/2014        £4,139,659        £94,351             £2,331,651                    20

 

 

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 only made late payments on a low percentage of invoices.

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

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

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

2

Total Current Secretaries

1

Total Previous Directors / Company Secretaries

5

Total Person's With Significant Control

1

 

 

Current Directors

 

Title

Mr

Function

Director

Name

Henri Sartori

Nationality

Italian

Date of Birth

06/1963

Present Appointments

2

Latest Address

Pl. Des Facteurs, De Forge, 4, Habay-La-Neuve, Belgium

Appointment Date

15/08/2003

Post Code

B67 20

Title

Mr

Function

Director

Name

Marcello Bergamo

Nationality

Italian

Date of Birth

05/1970

Present Appointments

1

Latest Address

Unit F1, 21 Halesfield Industrial Estate, Telford, Shropshire

Appointment Date

16/01/2017

Post Code

TF7 4NX

 

 

Current Company Secretary

 

Title

Mr

Function

Company Secretary

Name

Henri Sartori

Nationality

Date of Birth

-

Present Appointments

1

Latest Address

Unit F1, 21 Halesfield Industrial Estate, Telford, Shropshire

Appointment Date

16/01/2017

Post Code

TF7 4NX

 

 

Top Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

AMPACET BELGIUM SPRL

GBP

11

ORDINARY

1

100

 

 

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

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Turnover

£4,561,880

9.7%

£4,159,863

0.5%

£4,139,659

-35.8%

£6,451,967

-53.1%

£13,748,590

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Export

£2,107,954

999.9%

£124,989

-

-

-100%

£4,227,788

25.3%

£3,374,819

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Cost of Sales

£3,054,752

11.2%

£2,747,965

-2.6%

£2,821,013

-50.2%

£5,666,009

-52.3%

£11,875,685

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Gross Profit

£1,507,128

6.7%

£1,411,898

7.1%

£1,318,646

67.8%

£785,958

-58%

£1,872,905

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Wages & Salaries

£463,456

18.5%

£391,147

-6.4%

£418,078

-14.4%

£488,685

-11.1%

£549,974

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Directors Emoluments

-

-

-

-

-

-

-

-

-

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Operating Profit

£133,037

-8.5%

£145,391

47.7%

£98,404

-70.7%

£335,383

-49.4%

£662,712

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Depreciation

£126,572

9.7%

£115,404

15.3%

£100,061

28.7%

£77,722

-24.3%

£102,698

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Audit Fees

£16,350

-1.9%

£16,670

9%

£15,300

9.3%

£14,000

-

£14,000

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Interest Payments

£750

-72.2%

£2,699

-33.5%

£4,058

106.5%

£1,965

999.9%

£117

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Pre Tax Profit

£132,287

-7.3%

£142,692

51.2%

£94,351

-71.7%

£333,503

-49.7%

£662,598

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Taxation

-£17,745

85.4%

-£121,881

-43.6%

-£84,889

-20.5%

-£70,432

68.3%

-£221,945

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Profit After Tax

£114,542

450.4%

£20,811

119.9%

£9,462

-96.4%

£263,071

-40.3%

£440,653

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Retained Profit

£114,542

450.4%

£20,811

119.9%

£9,462

-96.4%

£263,071

-40.3%

£440,653

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Tangible Assets

£911,413

5.2%

£866,060

-8.7%

£948,232

69.8%

£558,431

-4.1%

£582,141

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Intangible Assets

0

-

0

-

0

-

0

-

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Fixed Assets

£911,413

5.2%

£866,060

-8.7%

£948,232

69.8%

£558,431

-4.1%

£582,141

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Stock

£539,883

8.5%

£497,565

-28.9%

£699,449

40.8%

£496,635

-9.6%

£549,528

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Trade Debtors

£3,120

-90.4%

£32,533

-65.6%

£94,705

557%

£14,414

-99.3%

£1,933,172

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Cash

£1,133,132

177%

£409,078

-10.7%

£457,925

-49.3%

£903,230

-42.9%

£1,580,696

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Other Debtors

£433,528

-49%

£850,554

112.3%

£400,698

-48.9%

£784,377

992.4%

£71,800

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Current Assets

£2,109,663

17.9%

£1,789,730

8.3%

£1,652,777

-24.8%

£2,198,656

-46.8%

£4,135,196

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Trade Creditors

£3,861

-93.1%

£55,666

-34%

£84,283

-47.2%

£159,600

46.2%

£109,188

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Bank Loans & Overdrafts

0

-

0

-

0

-

0

-

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Other Short Term Finance

£152,809

502.3%

£25,372

-31.2%

£36,891

-18.6%

£45,305

-97.7%

£1,937,172

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Miscellaneous Current Liabilities

£320,858

115.9%

£148,636

95.5%

£76,023

-66.9%

£229,993

-62.4%

£611,859

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Current Liabilities

£477,528

107.9%

£229,674

16.5%

£197,197

-54.7%

£434,898

-83.6%

£2,658,219

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Bank Loans & Overdrafts and LTL

£76,544

3.9%

£73,654

2.1%

£72,161

-

0

-

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Long Term Liabilities

£76,544

3.9%

£73,654

2.1%

£72,161

-

0

-

0

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Called Up Share Capital

£11

-

£11

-

£11

-

£11

-

£11

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

P & L Account Reserve

£563,878

25.5%

£449,336

4.9%

£428,525

2.3%

£419,063

168.6%

£155,992

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Sundry Reserves

£1,903,115

-

£1,903,115

-

£1,903,115

-

£1,903,115

-

£1,903,115

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Shareholder Funds

£2,467,004

4.9%

£2,352,462

0.9%

£2,331,651

0.4%

£2,322,189

12.8%

£2,059,118

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Net Worth

£2,467,004

4.9%

£2,352,462

0.9%

£2,331,651

0.4%

£2,322,189

12.8%

£2,059,118

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Working Capital

£1,632,135

4.6%

£1,560,056

7.2%

£1,455,580

-17.5%

£1,763,758

19.4%

£1,476,977

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Assets

£3,021,076

13.8%

£2,655,790

2.1%

£2,601,009

-5.7%

£2,757,087

-41.6%

£4,717,337

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Liabilities

£554,072

82.7%

£303,328

12.6%

£269,358

-38.1%

£434,898

-83.6%

£2,658,219

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Net Assets

£2,467,004

4.9%

£2,352,462

0.9%

£2,331,651

0.4%

£2,322,189

12.8%

£2,059,118

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Net Cashflow from Operations

-

-

-

-

-

-

-£600,668

-106.8%

-£290,446

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Net Cashflow before Financing

-

-

-

-

-

100%

-£677,466

-30.1%

-£520,860

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Increase in Cash

-

-

-

-

-

-

-£677,466

-30.1%

-£520,860

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Capital Employed

£2,543,548

4.8%

£2,426,116

0.9%

£2,403,812

3.5%

£2,322,189

12.8%

£2,059,118

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Number of Employees

23

15%

20

-

20

-

20

-9.1%

22

Accountants

Auditors

GRANT THORNTON UK LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

Bank Branch Code

 

 

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\AMPACET UK LTD._files\barchart-grey.png

Pre-tax profit margin %

2.90

3.43

2.28

5.17

4.82

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Current ratio

4.42

7.79

8.38

5.06

1.56

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Sales/Net Working Capital

2.80

2.67

2.84

3.66

9.31

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Gearing %

3.10

3.10

3.10

0

0

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Equity in %

81.70

88.60

89.60

84.20

43.70

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Creditor Days

0.30

4.87

7.41

9

2.89

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Debtor Days

0.24

2.84

8.32

0.81

51.18

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Liquidity/Acid Test

3.28

5.62

4.83

3.91

1.34

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Return On Capital Employed %

5.20

5.88

3.92

14.36

32.17

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Return On Total Assets Employed %

4.37

5.37

3.62

12.09

14.04

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Current Debt Ratio

0.19

0.09

0.08

0.18

1.29

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Total Debt Ratio

0.22

0.12

0.11

0.18

1.29

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Stock Turnover Ratio %

11.83

11.96

16.89

7.69

3.99

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\barchart-grey.png

Return on Net Assets Employed %

5.36

6.06

4.04

14.36

32.17

 

 

Report Notes

 

There are no notes to display.

 

 

Status History

 

No Status History found

 

 

Event History

 

Date

Description

23/08/2017

New Accounts Filed

23/08/2017

New Accounts Filed

21/08/2017

Confirmation Statement

24/01/2017

Mr G. Giusto has left the board

24/01/2017

Mr G. Giusto has resigned as company secretary

24/01/2017

New Company Secretary Mr H. Sartori appointed

24/01/2017

New Board Member Mr M. Bergamo appointed

12/10/2016

New Accounts Filed

27/08/2016

Annual Returns

16/09/2015

Annual Returns

02/09/2015

New Accounts Filed

02/09/2015

New Accounts Filed

14/10/2014

New Accounts Filed

14/10/2014

New Accounts Filed

03/10/2014

Annual Returns

 

 

Previous Company Names

 

No Previous Names found

 

 

Writ Details

 

No writs found

 

 

Statistics

 

Group

5 companies

Linkages

8 companies

Countries

In 8 countries

 

 

Summary

 

Holding Company

-

Ownership Status

Wholly Owned

Ultimate Holding Company

AMPACET CORP

 

 

Group Structure Full

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\tminus.gifAMPACET CORP

-

-

$65,869,000

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\tminus.gifAMPACET BELGIUM SPRL

428477704

31.12.2016

N

€100,505,215

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\L.gifAMPACET UK LIMITED

04868378

31.12.2016

N

£4,561,880

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\tminus.gifAMPACET EUROPE SA

N/A

-

-

Description: \\Vivek-pc\123 Foreign Report Raw\AMPACET UK LTD._files\L.gifAMPACET DISTRIBUTION...

08370130

31.12.2016

N

£11,214,660

 

 

Other Linked Companies

 

Name

Number

Latest Key Financials

Turnover

AMPACET SPAIN HOLDING

5343307

31.12.2016

€9,739,277

AMPACET CHILE LTDA.

-

AMPACET EUROPE HOLDING S.À.R.L (B 165277)

-

AMPACET ITALIA

-

AMPACET POLSKA SP ZOO

-

AMPACET RUSSIA

-

AMPACET THAILAND CO

-

IBC INDUSTRIA BAHIANA DE COMPOSTOS PLASTICOS LTDA.

-

 

 

Mortgage Details

 

Mortgage Type:

CHATTELS MORTGAGE

Date Charge Created:

31/08/04

Date Charge Registered:

01/09/04

Date Charge Satisfied:

05/03/13

Status:

SATISFIED

Person(s) Entitled:

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Amount Secured:

Details:

ALL AND SINGULAR THE CHATTELS BEING GALA POLYMER SYSTEMS S/N\S 10100652 AND 10100570 OR ANY PART THEREOF PLANT MACHINERY

 

 

Previous Director/Company Secretaries

 

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

 

Daniele Peruzzo

0

2

0

 

Daniele Peruzzo

0

2

0

 

Giuseppe Giusto

0

2

0

 

Giuseppe Giusto

0

2

0

 

SWIFT INCORPORATIONS LIMITED

11

76646

189411

 

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Ampacet Belgium Sprl

Kind

Corporate Entity With Significant Control

Address

Rue D'Ampacet 1 Rue D'Ampacet 1, Messancy

Notified On

06/04/2016

Post Code

B6780

Legal Form

Llc

Authority

Belgium

Place Registered

Arlon

Country Registered

Belgium

Registration Number

0428.477.704

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 63.74

UK Pound

1

INR 86.01

Euro

1

INR 76.14

GBP

1

INR 86.58

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIS

 

 

Report Prepared by :

TRU

 


 

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.