|
|
|
MIRA INFORM REPORT
|
Report No. : |
485420 |
|
Report Date : |
13.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
GE SENSING EMEA UNLIMITED COMPANY |
|
|
|
|
Registered Office : |
Sensing House,
Shannon Free Zone East, Shannon, 607024 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
28.10.2005 |
|
|
|
|
Com. Reg. No.: |
IE410117 |
|
|
|
|
Legal Form : |
ULC - Private Unlimited Company |
|
|
|
|
Line of Business : |
· Manufacture of electricity distribution and control apparatus ·
The manufacture and
sale of sensing equipment. |
|
|
|
|
No. of Employees : |
164 |
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 : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
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 Summary
Registered Address
Sensing House
Shannon Free Zone East
Shannon
607024
Trading Address
Bay 148 Shannon
Industrial Estate
Shannon
County Clare
County Clare
607024
Website Address -
Company Number IE410117
Eircode V14V992
VAT Number -
Telephone Number -
Fax Number -
TPS No
FPS Yes
Incorporation Date 28/10/2005
Previous Name -
Type ULC - Private Unlimited Company
FTSE Index -
Date of Change -
Filing Date of Accounts -
Currency EUR
Share Capital €240,100
SIC07 27120
Charity Number -
SIC07 Description Manufacture of
electricity distribution and control apparatus
Principal Activity The manufacture
and sale of sensing equipment.
Nace Code -
Nace Description -
Additional Information
CJ's
0 (€0)
No CJ Information To Display
Ultimate Holding Company GE OIL & GAS
PANAFRICANA HOLDINGS II BV
Accountant -
Mortgages 0
Group 2 companies
Linkages 3430 companies
Countries In 85 countries
Key
Financials
|
Year to Date |
Turnover |
Pre Tax Profit |
Shareholder |
Funds Employees |
|
31.12.2016 |
€70,799,149 |
-€5,208,448 |
€72,193,720 |
164 |
|
31.12.2015 |
€66,626,173 |
€7,851,659 |
€77,655,833 |
162 |
|
31.12.2014 |
€52,149,268 |
-€1,262,757 |
€80,138,703 |
147 |
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 6.3% on the previous trading period. |
|
A 2% growth in Total Assets occurred during
the latest trading period. |
|
The company saw an increase in their Cash Balance
of 85.3% during the latest trading period. |
|
The audit report contains no adverse
comments. |
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 |
Current Directors
|
Title |
Function |
Director |
|
|
Name |
JOHN PAUL SHEAHAN |
Nationality |
|
|
Date of Birth |
01/1964 |
Present Appointments |
3 |
|
Latest Address |
67 FAIRYFIELD, PARTEEN, CO CLARE |
Appointment Date |
27/10/2006 |
|
Eircode |
|||
|
Title |
Function |
Director |
|
|
Name |
JAMES DONALD GIBSON |
Nationality |
|
|
Date of Birth |
10/1958 |
Present Appointments |
2 |
|
Latest Address |
LE GAZON, FEENAGH, SIX MILE BRIDGE, COUNTY
CLARE |
Appointment Date |
28/10/2005 |
|
Eircode |
|||
|
Title |
Function |
Director |
|
|
Name |
COLUM CARR |
Nationality |
|
|
Date of Birth |
12/1965 |
Present Appointments |
4 |
|
Latest Address |
PARK HOUSE, CASTLECONNELL, CO.LIMERICK |
Appointment Date |
17/06/2008 |
|
Eircode |
|||
|
Title |
Function |
Director |
|
|
Name |
COLIN HEHIR |
Nationality |
|
|
Date of Birth |
12/1976 |
Present Appointments |
1 |
|
Latest Address |
MOOGHOUN, NEWMARKET-ON-FERGUS, CO CLARE |
Appointment Date |
18/06/2014 |
|
Eircode |
|||
Current Company Secretary
|
Title |
Function |
Company Secretary |
|
|
Name |
COLUM CARR |
Nationality |
|
|
Date of Birth |
- |
Present Appointments |
2 |
|
Latest Address |
PARK HOUSE, CASTLECONNELL, CO. LIMERICK |
Appointment Date |
30/06/2012 |
|
Eircode |
Authorised Person
Top Shareholders
|
Name |
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
GE OIL & GAS PANAFRICANA HOLDINGS II
B.V. |
EUR |
240,100 |
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 |
EUR |
(%) |
EUR |
(%) |
EUR |
(%) |
EUR |
(%) |
EUR |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
€70,799,149 |
6.3% |
€66,626,173 |
27.8% |
€52,149,268 |
-2.6% |
€53,551,925 |
-7.2% |
€57,724,598 |
|
|
Export |
€70,480,235 |
6.7% |
€66,025,233 |
30% |
€50,780,977 |
- |
- |
- |
- |
|
|
Cost of Sales |
€44,401,797 |
16.6% |
€38,083,492 |
30.9% |
€29,092,821 |
3.9% |
€28,010,297 |
-21.2% |
€35,525,359 |
|
|
Gross Profit |
€26,397,352 |
-7.5% |
€28,542,681 |
23.8% |
€23,056,447 |
-9.7% |
€25,541,628 |
15.1% |
€22,199,239 |
|
|
Wages & Salaries |
€11,458,458 |
13.5% |
€10,098,539 |
3.9% |
€9,721,252 |
13.8% |
€8,545,738 |
14.8% |
€7,440,987 |
|
|
Directors Emoluments |
€645,447 |
-2.4% |
€661,027 |
10.2% |
€600,072 |
20.4% |
€498,320 |
7.1% |
€465,415 |
|
|
Operating Profit |
€5,991,207 |
-69.5% |
€19,635,456 |
- |
- |
- |
€8,207,501 |
43.5% |
€5,718,965 |
|
|
Depreciation |
€454,884 |
37.5% |
€330,781 |
-10.5% |
€369,731 |
10.5% |
€334,580 |
-33.6% |
€503,883 |
|
|
Audit Fees |
€56,481 |
- |
€56,481 |
5.8% |
€53,388 |
-10% |
€59,295 |
-3.1% |
€61,202 |
|
|
Interest Payments |
€11,208,252 |
-4.9% |
€11,783,797 |
6.2% |
€11,095,165 |
277.8% |
€2,936,402 |
-45.5% |
€5,388,012 |
|
|
Pre Tax Profit |
-€5,208,448 |
-166.3% |
€7,851,659 |
721.8% |
-€1,262,757 |
-116.2% |
€7,800,340 |
999.9% |
€346,675 |
|
|
Taxation |
-€253,665 |
87.9% |
-€2,104,529 |
-999.9% |
-€111,082 |
93.5% |
-€1,715,394 |
-999.9% |
-€96,386 |
|
|
Profit After Tax |
-€5,462,113 |
-195% |
€5,747,130 |
518.3% |
-€1,373,839 |
-122.6% |
€6,084,946 |
999.9% |
€250,289 |
|
|
Dividends Payable |
- |
-100% |
€8,470,000 |
- |
- |
- |
- |
- |
- |
|
|
Retained Profit |
-€5,462,113 |
-100.6% |
-€2,722,870 |
-98.2% |
-€1,373,839 |
-122.6% |
€6,084,946 |
999.9% |
€250,289 |
Balance Sheet
|
Date Of Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Tangible Assets |
€204,960,717 |
0.8% |
€203,398,262 |
0.2% |
€203,074,351 |
0% |
€202,998,858 |
0.2% |
€202,669,512 |
|
|
Intangible Assets |
€53,702,100 |
28.9% |
€41,656,791 |
-0.4% |
€41,828,728 |
- |
€41,828,728 |
-11.8% |
€47,422,214 |
|
|
Total Fixed Assets |
€258,662,817 |
5.6% |
€245,055,053 |
0.1% |
€244,903,079 |
0% |
€244,827,586 |
-2.1% |
€250,091,726 |
|
|
Stock |
€9,126,024 |
-6.5% |
€9,755,897 |
58.9% |
€6,137,803 |
-4.5% |
€6,428,889 |
3.3% |
€6,222,648 |
|
|
Trade Debtors |
€12,976,347 |
-1.9% |
€13,222,311 |
98.7% |
€6,655,024 |
88.5% |
€3,530,939 |
-1.5% |
€3,584,151 |
|
|
Cash |
€259,918 |
85.3% |
€140,301 |
62.9% |
€86,137 |
- |
0 |
-100% |
€71,541 |
|
|
Other Debtors |
€23,076,281 |
-23.2% |
€30,031,466 |
11% |
€27,046,800 |
36.4% |
€19,834,475 |
126.9% |
€8,740,985 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
€45,438,570 |
-14.5% |
€53,149,975 |
33.1% |
€39,925,764 |
34% |
€29,794,303 |
60% |
€18,619,325 |
|
|
Trade Creditors |
€4,101,566 |
19.9% |
€3,419,650 |
42% |
€2,408,206 |
255% |
€678,460 |
-57.9% |
€1,612,994 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
-100% |
€7,294 |
- |
0 |
|
|
Other Short Term Finance |
€59,311,358 |
330% |
€13,793,997 |
58.7% |
€8,691,935 |
12.9% |
€7,701,440 |
4.5% |
€7,371,396 |
|
|
Miscellaneous Current Liabilities |
€7,794,744 |
40.5% |
€5,548,771 |
16.5% |
€4,761,905 |
6.3% |
€4,480,562 |
10.4% |
€4,057,474 |
|
|
Total Current Liabilities |
€71,207,668 |
212.8% |
€22,762,418 |
43.5% |
€15,862,046 |
23.3% |
€12,867,756 |
-1.3% |
€13,041,864 |
|
|
Bank Loans & Overdrafts and LTL |
€160,699,999 |
-18.8% |
€197,786,777 |
4.7% |
€188,828,094 |
-21.3% |
€240,007,294 |
0% |
€240,000,000 |
|
|
Other Long Term Finance |
€160,699,999 |
-18.7% |
€197,775,920 |
4.7% |
€188,828,094 |
-21.3% |
€240,000,000 |
- |
€240,000,000 |
|
|
Total Long Term Liabilities |
€160,699,999 |
-18.8% |
€197,786,777 |
4.7% |
€188,828,094 |
-21.3% |
€240,000,000 |
- |
€240,000,000 |
.
Capital & Reserves
|
Date Of Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Called Up Share Capital |
€240,100 |
- |
€240,100 |
999.9% |
€100 |
- |
€100 |
- |
€100 |
|
|
P & L Account Reserve |
-€2,279,689 |
-171.6% |
€3,182,424 |
116.7% |
-€19,094,706 |
-7.8% |
-€17,720,867 |
25.6% |
-€23,805,813 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
€74,233,309 |
- |
€74,233,309 |
-25.2% |
€99,233,309 |
151.4% |
€39,474,900 |
- |
€39,474,900 |
|
|
Shareholder Funds |
€72,193,720 |
-7% |
€77,655,833 |
-3.1% |
€80,138,703 |
268.4% |
€21,754,133 |
38.8% |
€15,669,187 |
Other Financial Items
|
Date Of Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Net Worth |
€18,491,620 |
-48.6% |
€35,999,042 |
-6% |
€38,309,975 |
290.8% |
-€20,074,595 |
36.8% |
-€31,753,027 |
|
|
Working Capital |
-€25,769,098 |
-184.8% |
€30,387,557 |
26.3% |
€24,063,718 |
42.2% |
€16,926,547 |
203.5% |
€5,577,461 |
|
|
Total Assets |
€304,101,387 |
2% |
€298,205,028 |
4.7% |
€284,828,843 |
3.7% |
€274,621,889 |
2.2% |
€268,711,051 |
|
|
Total Liabilities |
€231,907,667 |
5.2% |
€220,549,195 |
7.7% |
€204,690,140 |
-19.1% |
€252,867,756 |
-0.1% |
€253,041,864 |
|
|
Net Assets |
€72,193,720 |
-7% |
€77,655,833 |
-3.1% |
€80,138,703 |
268.4% |
€21,754,133 |
38.8% |
€15,669,187 |
Cash Flow
|
Date Of Accounts |
31/12/16 |
(%) |
31/12/15 |
(%) |
31/12/14 |
(%) |
31/12/13 |
(%) |
31/12/12 |
|
|
|
Net Cashflow from Operations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net Cashflow before Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Net Cashflow from Financing |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
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 |
|
|
|
Capital Employed |
€232,893,719 |
-15.4% |
€275,442,610 |
2.4% |
€268,966,797 |
2.8% |
€261,754,133 |
2.4% |
€255,669,187 |
|
|
Number of Employees |
164 |
1.2% |
162 |
10.2% |
147 |
0.7% |
146 |
11.5% |
131 |
|
Accountants |
||||||||||
|
Auditors |
KPMG |
|||||||||
|
Auditor Comments |
The audit report contains no adverse
comments |
|||||||||
|
Bankers |
DANSKE BANK |
|||||||||
|
Bank Branch Code |
||||||||||
Ratios
|
Date Of Accounts |
31/12/16 |
31/12/15 |
31/12/14 |
31/12/13 |
31/12/12 |
|
|
|
Pre-tax profit
margin % |
-7.36 |
11.78 |
-2.42 |
14.57 |
0.60 |
|
|
Current ratio |
0.64 |
2.33 |
2.52 |
2.32 |
1.43 |
|
|
Sales/Net Working
Capital |
-2.75 |
2.19 |
2.17 |
3.16 |
10.35 |
|
|
Gearing % |
222.60 |
254.70 |
235.60 |
1103.30 |
1531.70 |
|
|
Equity in % |
28.80 |
30.30 |
33 |
9.30 |
7.10 |
|
|
Creditor Days |
21.08 |
18.68 |
16.80 |
4.61 |
10.17 |
|
|
Debtor Days |
66.71 |
72.23 |
46.45 |
24 |
22.60 |
|
|
Liquidity/Acid
Test |
0.50 |
1.90 |
2.13 |
1.81 |
0.95 |
|
|
Return On Capital
Employed % |
-2.23 |
2.85 |
-0.46 |
2.98 |
0.13 |
|
|
Return On Total
Assets Employed % |
-1.71 |
2.63 |
-0.44 |
2.84 |
0.12 |
|
|
Current Debt
Ratio |
0.98 |
0.29 |
0.19 |
0.59 |
0.83 |
|
|
Total Debt Ratio |
3.21 |
2.84 |
2.55 |
11.62 |
16.14 |
|
|
Stock Turnover
Ratio % |
12.89 |
14.64 |
11.76 |
12 |
10.77 |
|
|
Return on Net
Assets Employed % |
-7.21 |
10.11 |
-1.57 |
35.85 |
2.21 |
Report Notes
|
There are no notes to display. |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
16/11/2017 |
Annual Returns |
|
10/11/2017 |
New Accounts Filed |
|
10/11/2017 |
New Accounts Filed |
|
04/10/2016 |
New Accounts Filed |
|
04/10/2016 |
New Accounts Filed |
|
03/10/2016 |
Annual Returns |
|
02/11/2015 |
Annual Returns |
|
02/11/2015 |
New Accounts Filed |
|
02/11/2015 |
New Accounts Filed |
|
09/07/2014 |
New Accounts Filed |
|
09/07/2014 |
New Accounts Filed |
|
08/07/2014 |
Annual Returns |
|
18/06/2014 |
New Board Member (COLIN HEHIR) appointed |
|
30/09/2013 |
JANUSZ ZDZISLAW BASZYNSKI has left the
board |
|
20/07/2013 |
New Accounts Filed |
Previous Company Names
|
No Previous Names found |
Received Documents
|
No writs found |
Statistics
|
Group |
2 companies |
|
Linkages |
3430 companies |
|
Countries |
In 85 countries |
Summary
|
Holding Company |
- |
|
Ownership Status |
Wholly Owned |
|
Ultimate Holding Company |
GE OIL & GAS PANAFRICANA HOLDINGS II BV |
Group StructureFull
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
N/A |
- |
- |
|
|
|
IE410117 |
31.12.2016 |
N |
€70,799,149 |
Business Owner Links
|
|
Business Name |
Business No |
Business Status. |
|
|
GE SENSING EMEA |
IE410117 |
|
|
|
PANAMETRICS |
291043 |
NORMAL |
Other Linked Companies
|
Name |
Number |
Latest Key Financials |
Turnover |
|
AGUAS ANDINAS |
31.12.2016 |
€728,751,872 |
|
|
GE ENERGY (NORWAY) AS |
980862860 |
31.12.2016 |
362,235,028 KNOK |
|
AGUAS CORDILLERA |
31.12.2016 |
€94,087,750 |
|
|
GE IRELAND USD HOLDINGS UNLIMITED COMPANY |
IE568854 |
31.12.2016 |
|
|
AGUAS MANQUEHUE |
31.12.2016 |
€17,016,112 |
|
|
GE CAPITAL INTERNATIONAL HOLDINGS LIMITED |
09666321 |
31.12.2016 |
|
|
GE POWER INDIA |
00068379 |
31.03.2017 |
€313,399,478 |
|
IGE USA INVESTMENTS |
03255766 |
31.12.2016 |
|
|
ALLIANZ HOLDING FRANCE |
494450455 |
31.12.2016 |
|
|
SUEZ GROUPE |
410118608 |
31.12.2016 |
€396,429,000 |
|
SUEZ |
433466570 |
31.12.2016 |
€70,608,000 |
|
IGE USA HOLDINGS |
09690010 |
31.12.2016 |
|
|
ALLIANZ EUROPE LIMITED |
01571671 |
31.12.2016 |
£918,439,525 |
|
GE ENERGY EUROPE B.V. |
20093546 |
31.12.2014 |
€279,477,000 |
|
GE ENERGY EUROPE B.V. |
20093546 |
31.12.2013 |
€268,136,000 |
|
GE A38 SAS |
FC025890 |
31.12.2015 |
£167,634,617 |
|
GE JAPAN B.V. |
65342844 |
31.12.2016 |
|
|
GE ENERGY NETHERLANDS B.V. |
24236237 |
31.12.2015 |
€12,938,000 |
|
GE HEALTHCARE HOLDING AS |
987015225 |
31.12.2016 |
|
|
GE MONEY HOME LENDING HOLDINGS LIMITED |
05128935 |
30.11.2016 |
Previous Director/Company Secretaries
|
Name |
Current Active Appointments |
Previous Appointments |
Dissolved Companies |
|
ROBERT BURKE |
68 |
53 |
236 |
|
ANDREW MCEWAN |
0 |
2 |
0 |
|
ANDREW MCEWAN |
0 |
2 |
0 |
|
KAREN CURTIN |
0 |
4 |
1 |
|
KAREN CURTIN |
0 |
4 |
1 |
|
JANUSZ ZDZISLAW BASZYNSKI |
0 |
2 |
2 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.52 |
|
|
1 |
INR 86.05 |
|
Euro |
1 |
INR 76.53 |
|
Euro |
1 |
INR 77.62 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.