3decades

MIRA INFORM REPORT

Report No. :	485664
Report Date :	15.01.2018

IDENTIFICATION DETAILS

Name :	FANNIN (UK) LIMITED

Formerly Known As :	B.M. BROWNE (UK) LIMITED

Registered Office :	DCC Vital, Westminster Industrial Estate, Swadlincote, DE12 7DT

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	18.11.1991

Com. Reg. No.:	02663514

Legal Form :	Private Limited with Share Capital

Line of Business :	· Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. · Supply of medical equipment and consumables.

No. of Employees :	72 [2017]

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 High Risk

Business dealings permissible preferably on secured basis

Status :	Moderate

Payment Behaviour :	Slow & Delayed

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 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 Summary

Registered Address

DCC Vital
Westminster Industrial Estate
Swadlincote
DE12 7DT

Trading Address

DCC Vital
Repton Road
Measham
Swadlincote, Derbyshire
DE12 7DT

Website Address http://www.fannin.eu

Company Number 02663514

Telephone Number 01530514566

Fax Number -

TPS No

FPS Yes

Incorporation Date 18/11/1991

Previous Name B.M. BROWNE (UK) LIMITED

Type Private Limited with Share Capital

FTSE Index -

Date of Change 28/06/2007

Filing Date of Accounts 22/06/2017

Currency GBP

Share Capital £1,227,910

SIC07 47749

Charity Number -

SIC07 Description Retail sale of medical and orthopaedic goods in specialised stores (not incl.

hearing aids) n.e.c.

Principal Activity Supply of medical equipment and consumables.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant -

Mortgages 0

Group 0 companies

Linkages 887 companies

Countries In 19 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31.03.2017	£40,869,000	£3,507,000	-£23,384,000	72
31.03.2016	£40,565,000	£3,748,000	-£26,435,000	67
31.03.2015	£30,055,000	-£27,126,000	-£29,622,000	59

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

This company has been treated as a Large company.

This company's return on total assets employed ratio indicates a highly efficient use of assets.

This company has made late payments on a medium percentage of invoices.

This company's ratio of total liabilities to total assets indicates that assets are funded through debt rather than equity.

The company has more cash than short term bank borrowings.

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 -	-

Current Directors

Title	Mr	Function	Director
Name	Patrick Tracey	Nationality	Irish
Date of Birth	03/1958	Present Appointments	4
Latest Address	Sharavogue, Dublin Road, Bray, Co Wicklow	Appointment Date	20/01/2005
Post Code
Title	Mr	Function	Director
Name	Conor Francis Costigan	Nationality	Irish
Date of Birth	01/1971	Present Appointments	44
Latest Address	Glenarm Eaton Brae, Shankill, Dublin D18hy26, Leinster	Appointment Date	28/08/2003
Post Code

Title	Mr	Function	Director
Name	Leslie Deacon	Nationality	Irish
Date of Birth	03/1963	Present Appointments	19
Latest Address	21 Claremont Park, Sandymount, Dublin 4	Appointment Date	28/08/2003
Post Code
Title	Mr	Function	Director
Name	Redmond McEvoy	Nationality	Irish
Date of Birth	11/1964	Present Appointments	30
Latest Address	1 Villiers Road, Rathgar, Co. Dublin, Leinster	Appointment Date	01/05/2013
Post Code

Title	Mr	Function	Director
Name	Harry Keenan	Nationality	Irish
Date of Birth	09/1959	Present Appointments	3
Latest Address	Dcc Vital Westminster Industrial Estate, Repton Road, Measham, Swadlincote, Derbyshire	Appointment Date	01/05/2015
Post Code	DE12 7DT

Current Company Secretary

Title	Mr	Function	Company Secretary
Name	Anthony O'Connor	Nationality	Irish
Date of Birth	11/1944	Present Appointments	8
Latest Address	152 Ard Na Mara Malahide, Dublin, Co Dublin	Appointment Date	09/01/2004
Post Code

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
FANNIN LTD	GBP	977,910	DEFERRED	1	79.64
B.M. BROWNE (UK HOLDINGS) LTD	GBP	225,000	ORDINARY	1	18.32
DCC PLC	GBP	25,000	ORDINARY	1	2.04

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Turnover	£40,869,000	0.7%	£40,565,000	35%	£30,055,000	11.1%	£27,048,000	-17.5%	£32,775,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Export	£2,111,000	117%	£973,000	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Cost of Sales	£29,285,000	6.2%	£27,588,000	21.2%	£22,763,000	23.9%	£18,371,000	-21.8%	£23,503,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Gross Profit	£11,584,000	-10.7%	£12,977,000	78%	£7,292,000	-16%	£8,677,000	-6.4%	£9,272,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Wages & Salaries	£3,729,000	-9.9%	£4,140,000	-11.1%	£4,655,000	9.7%	£4,244,000	92.2%	£2,208,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Operating Profit	£4,573,000	15.1%	£3,973,000	343.1%	-£1,634,000	-999.9%	-£121,000	-565.4%	£26,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Depreciation	£232,000	-35.4%	£359,000	16.6%	£308,000	20.8%	£255,000	292.3%	£65,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Audit Fees	£43,000	22.9%	£35,000	-12.5%	£40,000	90.5%	£21,000	-	£21,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Interest Payments	£1,067,000	0.1%	£1,066,000	-15.1%	£1,255,000	9.5%	£1,146,000	150.8%	£457,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Pre Tax Profit	£3,507,000	-6.4%	£3,748,000	113.8%	-£27,126,000	-999.9%	-£297,000	-192.8%	£320,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Taxation	-£456,000	18.7%	-£561,000	-205.3%	£533,000	819%	£58,000	-62.3%	£154,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Profit After Tax	£3,051,000	-4.3%	£3,187,000	112%	-£26,593,000	-999.9%	-£239,000	-150.4%	£474,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Retained Profit	£3,051,000	-4.3%	£3,187,000	112%	-£26,593,000	-999.9%	-£239,000	-150.4%	£474,000

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Tangible Assets	£3,395,000	-8.6%	£3,716,000	594.6%	£535,000	-97.9%	£25,120,000	256.3%	£7,050,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Intangible Assets	0	-100%	£235,000	-11.3%	£265,000	-10.2%	£295,000	-96.7%	£9,003,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Fixed Assets	£3,395,000	-14.1%	£3,951,000	393.9%	£800,000	-96.9%	£25,415,000	58.3%	£16,053,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Stock	£3,292,000	-1.4%	£3,340,000	-17.3%	£4,038,000	-11.8%	£4,578,000	-28.5%	£6,406,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Trade Debtors	£4,235,000	-11%	£4,759,000	-15.1%	£5,608,000	24.6%	£4,501,000	-31.4%	£6,559,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Cash	£999,000	-	0	-100%	£2,424,000	389.7%	£495,000	-83.8%	£3,055,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Other Debtors	£19,209,000	61.6%	£11,890,000	250.8%	£3,389,000	225.9%	£1,040,000	-78.9%	£4,930,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-100%	£103,000	442.1%	£19,000	280%	£5,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Current Assets	£27,735,000	38.8%	£19,989,000	28.4%	£15,562,000	46.4%	£10,633,000	-49.3%	£20,955,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Trade Creditors	£3,657,000	9.3%	£3,345,000	-26.3%	£4,541,000	12%	£4,055,000	-42.1%	£7,007,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-100%	£352,000	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Other Short Term Finance	£47,487,000	10.7%	£42,915,000	16.9%	£36,712,000	15.2%	£31,856,000	3.1%	£30,895,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Miscellaneous Current Liabilities	£3,265,000	8.7%	£3,004,000	-3.2%	£3,103,000	90.5%	£1,629,000	-7.1%	£1,753,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Current Liabilities	£54,409,000	9.7%	£49,616,000	11.9%	£44,356,000	18.2%	£37,540,000	-5.3%	£39,655,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£105,000	-90.5%	£1,111,000	-31.8%	£1,628,000	5.9%	£1,537,000	974.8%	£143,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Other Long Term Finance	0	-100%	£689,000	-57.6%	£1,624,000	5.7%	£1,537,000	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Long Term Liabilities	£105,000	-86.2%	£759,000	-53.4%	£1,628,000	5.9%	£1,537,000	974.8%	£143,000

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Called Up Share Capital	£250,000	-	£250,000	-	£250,000	-	£250,000	-	£250,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	P & L Account Reserve	-£23,634,000	11.4%	-£26,685,000	10.7%	-£29,872,000	-811%	-£3,279,000	-7.9%	-£3,040,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Shareholder Funds	-£23,384,000	11.5%	-£26,435,000	10.8%	-£29,622,000	-877.9%	-£3,029,000	-8.6%	-£2,790,000

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Net Worth	-£23,384,000	12.3%	-£26,670,000	10.8%	-£29,887,000	-799.1%	-£3,324,000	71.8%	-£11,793,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Working Capital	-£26,674,000	10%	-£29,627,000	-2.9%	-£28,794,000	-7%	-£26,907,000	-43.9%	-£18,700,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Assets	£31,130,000	30%	£23,940,000	46.3%	£16,362,000	-54.6%	£36,048,000	-2.6%	£37,008,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Liabilities	£54,514,000	8.2%	£50,375,000	9.5%	£45,984,000	17.7%	£39,077,000	-1.8%	£39,798,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Net Assets	-£23,384,000	11.5%	-£26,435,000	10.8%	-£29,622,000	-877.9%	-£3,029,000	-8.6%	-£2,790,000

Cash Flow

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	YES	-	YES	-	YES
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Capital Employed	-£23,279,000	9.3%	-£25,676,000	8.3%	-£27,994,000	-999.9%	-£1,492,000	43.6%	-£2,647,000
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Number of Employees	72	7.5%	67	13.6%	59	-	59	51.3%	39
	Accountants
	Auditors	KPMG
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code	56-00-36

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Pre-tax profit margin %	8.58	9.24	-90.25	-1.10	0.98
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Current ratio	0.51	0.40	0.35	0.28	0.53
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Sales/Net Working Capital	-1.53	-1.37	-1.04	-1.01	-1.75
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Gearing %	-0.40	-4.20	-5.50	-50.70	-5.10
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Equity in %	-75.10	-111.50	-184	-8.50	-10
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Creditor Days	32.57	30.01	54.99	54.57	77.81
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Debtor Days	37.71	42.70	67.91	60.57	72.84
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Liquidity/Acid Test	0.44	0.33	0.25	0.16	0.36
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Return On Capital Employed %	-15.06	-14.59	96.89	19.90	-12.08
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Return On Total Assets Employed %	11.26	15.65	-165.78	-0.82	0.86
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Current Debt Ratio	-2.32	-1.87	-1.49	-12.39	-14.21
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Total Debt Ratio	-2.33	-1.90	-1.55	-12.90	-14.26
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Stock Turnover Ratio %	8.05	8.23	13.43	16.92	19.54
$Description: \\vivek-pc\123 Foreign Report Raw\Fannin UK Limited_files\barchart-grey.png$	Return on Net Assets Employed %	-14.99	-14.17	91.57	9.80	-11.46

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
22/11/2017	Confirmation Statement
03/07/2017	New Accounts Filed
03/07/2017	New Accounts Filed
21/01/2017	Payment Data Update Received
23/11/2016	Annual Returns
30/06/2016	Change in Reg.Office
21/06/2016	New Accounts Filed
21/06/2016	New Accounts Filed
04/05/2016	Change in Reg.Office
04/05/2016	Change of Company Postcode
01/12/2015	Annual Returns
21/07/2015	Payment Data Update Received
21/07/2015	New Accounts Filed
21/07/2015	New Accounts Filed
29/05/2015	New Board Member Mr H. Keenan appointed

Previous Company Names

Date	Previous Name
28/06/2007	B.M. BROWNE (UK) LIMITED
20/02/1992	SHOWISSUE LIMITED

Writ Details

No writs found

Statistics

Group	-
Linkages	887 companies
Countries	In 19 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group StructureFull

No Group Structure

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
Simon Anthony Barrett	10			21	37
Thomas Gordon Hay	0			4	3
Colman O'Keeffe	0			25	0
Peter Woods	0			4	1
John Thompson	0			3	2
Morgan John Crowe	0			12	3
Patrick Joseph Hensey	0			3	0
Dennis Huckerby	0			1	1
Barry O'Neill	0			6	2
Owen Curtin	0			1	1
Christopher Edward Fowler	5			2	5
John Martin O'Leary	0			2	3
Brendan Kevin Farrell	0			1	0
Aidan John Byrnes	0			7	2
Kieran Conlon	0			9	3
Ian O'Donovan	2			10	9
David Frank Armstrong	0			18	29
Kevin Murray	0			21	10
Andrew O'Connell	0			9	13
Simon John Checkley	3			3	1
INSTANT COMPANIES LIMITED	9			33430	89332
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	B.M.Browne (Uk Holdings) Limited	Kind	Corporate Entity With Significant Control
Address	Dcc Vital Westminster Industrial Estate, Repton Road Measham, Swadlincote, Derbyshire	Notified On	04/06/2016
Post Code	DE12 7DT	Legal Form	Limited Liability Company
Authority	England	Place Registered	Uk
Country Registered	Uk	Registration Number	2872126
Nature Of Control	Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors,Significant Influence Or Control As Firm

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 63.52
UK Pound	1	INR 86.05
Euro	1	INR 76.53
GBP	1	INR 87.17

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)

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.

Name	Number	Latest Key Financials	Turnover
DCC ENERGY FINANCE LIMITED	IE567261	31.03.2016
TOTAL SA	542051180	31.12.2016	€6,967,000,000
TOTAL E&P NORGE AS	927066440	31.12.2016	24,512,000 KNOK
TOTAL GESTION USA	424754588	31.12.2016
TOTAL E&P YAMAL	529251217	31.12.2016
DH CORPORATION		31.12.2016	€1,192,402,754
TOTAL ENERGIES NOUVELLES ACTIVITES USA	505028118	31.12.2016	€674,511
SERCOM SOLUTIONS PROPERTY DESIGNATED ACTIVITY COMPANY	IE358917	31.03.2017	€759
DCC EURO FINANCE LIMITED	IE523700	31.03.2017	€375,998
TOTAL RAFFINAGE CHIMIE	692004807	31.12.2016	€352,125,221
TOTAL HOLDINGS UK LIMITED	01722136	31.12.2016
DIVISIONAL FINANCE 2007 IRELAND LIMITED	IE532698	31.03.2017
TOTAL DOWNSTREAM UK PLC	00223114	31.12.2016
DCC ENERGY UK LIMITED	01908249	31.03.2017
TOTAL LINDSEY OIL REFINERY LIMITED	00564599	31.12.2016	£2,194,355,000
TOTAL NUCLEAIRE	389023771	31.12.2016
DCC ENERGY FINANCE UK LIMITED	09746232	31.03.2017
TOTAL MARKETING SERVICES	542034921	31.12.2016	€728,791,000
ATOTECH B.V.	30128915	31.12.2015
ELF PETROLEUM UK LIMITED	01290174	31.12.2016