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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

494238

Report Date :

01.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

OLAM EUROPE LIMITED

 

 

Formerly Known As :

OLAM INTERNATIONAL LIMITED

 

 

Registered Office :

Bridge House 4 Borough, High Street London, Se1 9qr

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

22.09.1994

 

 

Com. Reg. No.:

02970354

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

·         Other business support service activities n.e.c.

·         Sourcing, processing, packaging and merchandising of agricultural products.

 

 

No. of Employees :

52

 

 

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

 

Maximum Credit Limit :

£1,500,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

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)

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 the UK’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 Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. 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. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

 

Source : CIA

 


COMPANY NAME AND ADDRESS

 

Company Name:           OLAM EUROPE LIMITED

Company No:                02970354

Company Status:          Active - Accounts Filed

Status                           Active

Active - Accounts Filed

Registered Address:      BRIDGE HOUSE 4 BOROUGHHIGH STREET LONDONSE1 9QR

Credit Limit                   £1,500,000

 

 

Company Name

 

OLAM EUROPE LIMITED

 

 

Company Number

 

02970354

 

 

Company Summary

 

Registered Address      BRIDGE HOUSE 4 BOROUGH
HIGH STREET LONDON
SE1 9QR

Trading Address          Bridge House 4 Borough
High Street London
SE1 9QR

Website Address          http://www.olamonline.com

Telephone Number       -

Fax Number

TPS                              -

FPS                              Yes

Incorporation Date       22/09/1994

Previous Name             OLAM INTERNATIONAL LIMITED

Type                             Private limited with Share Capital

FTSE Index                  -

Date of Change             07/08/2003

Filing Date of Accounts 20/12/2017

Currency                      GBP

Share Capital               £15,143,750

SIC07                           82990

Charity Number            -

SIC07 Description        OTHER BUSINESS SUPPORT SERVICE ACTIVITIES N.E.C.

Principal Activity          Sourcing, processing, packaging and merchandising of agricultural products.

 

 

Additional Information

 

CCJ's                                       0 (£0)

No CCJ Information To Display

Ultimate Holding Company      TEMASEK HOLDINGS PTE

Accountant                               -

Mortgages                                0

Group                                      8 companies

Linkages                                  83 companies

Countries                                 In 29 countries

 

 

Key Financials

 

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

31/12/2016        £528,406,657     £8,956,273                    £32,958,887                              52

31/12/2015        £418,709,502     -£15,467,277                 £26,234,034                              43

30/06/2014        £178,464,677     £392,751                       £18,571,489                              33

 

 

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's return on total assets employed ratio indicates a relatively efficient use of assets.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's bank loans and overdrafts (less cash) account for a moderate percentage of short term liabilities.

This company trades in an industry with a higher 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 -

-

 

Back to TopDescription: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\Up.jpg

Show More

Total Current Directors

4

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

15

Total Person's With Significant Control

1

 

 

Current Directors

 

Title

Mr

Function

Director

Name

James Edward Green

Nationality

British

Date of Birth

09/1950

Present Appointments

1

Latest Address

Bridge House 4 Borough, High Street London

Appointment Date

03/01/2006

Post Code

SE1 9QR

Title

Function

Director

Name

Tejinder Singh Saraon

Nationality

Indian

Date of Birth

11/1970

Present Appointments

1

Latest Address

Bridge House London Bridge, London

Appointment Date

01/06/2010

Post Code

SE1 9QR

 

Title

Member

Function

Director

Name

Amit Suri

Nationality

British

Date of Birth

01/1969

Present Appointments

1

Latest Address

Bridge House 4 Borough, High Street London

Appointment Date

29/07/2013

Post Code

SE1 9QR

Title

Mr

Function

Director

Name

Shekhar Anantharaman

Nationality

Singaporean

Date of Birth

08/1963

Present Appointments

2

Latest Address

Bridge House 4 Borough, High Street London

Appointment Date

20/05/2013

Post Code

SE1 9QR

 

 

Current Company Secretary

 

Top Shareholders

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

OLAM INTERNATIONAL UK LTD

GBP

15,143,750

ORDINARY

1

100

1

 

 

FINANCIALS

 

Profit & Loss

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Weeks

52

(%)

78

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Turnover

£528,406,657

26.2%

£418,709,502

134.6%

£178,464,677

102.7%

£88,051,344

-11.9%

£99,938,518

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Export

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Cost of Sales

£507,347,207

19.8%

£423,348,088

145.5%

£172,427,924

104.8%

£84,205,467

-9.3%

£92,887,450

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Gross Profit

£21,059,450

554%

-£4,638,586

-176.8%

£6,036,753

57%

£3,845,877

-45.5%

£7,051,068

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Wages & Salaries

£6,232,481

-38.2%

£10,081,294

99.8%

£5,046,543

-10.7%

£5,652,183

9%

£5,185,519

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Directors Emoluments

£1,008,083

-42.7%

£1,760,430

95.4%

£900,903

-45.9%

£1,666,697

-28.9%

£2,345,281

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Operating Profit

£10,204,060

169.7%

-£14,649,993

-999.9%

£809,707

234.4%

£242,164

-86.1%

£1,743,832

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Depreciation

£90,296

10.2%

£81,972

206.3%

£26,760

-5.2%

£28,226

-73.4%

£106,140

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Audit Fees

£47,475

35.6%

£35,000

16.7%

£30,000

9.3%

£27,450

14.4%

£24,000

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Interest Payments

£1,247,847

38.9%

£898,468

44.6%

£621,382

235.4%

£185,258

-17.5%

£224,502

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Pre Tax Profit

£8,956,273

157.9%

-£15,467,277

-999.9%

£392,751

381.4%

£81,592

-95.3%

£1,735,263

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Taxation

-£2,231,420

-174.9%

£2,978,251

999.9%

-£92,263

-174.7%

-£33,592

92.8%

-£468,493

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Profit After Tax

£6,724,853

153.8%

-£12,489,026

-999.9%

£300,488

526%

£48,000

-96.2%

£1,266,770

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Dividends Payable

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Retained Profit

£6,724,853

153.8%

-£12,489,026

-999.9%

£300,488

526%

£48,000

-96.2%

£1,266,770

 

Balance Sheet

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Tangible Assets

£15,032,898

-0.3%

£15,085,696

0.6%

£14,998,981

999.9%

£76,724

215%

£24,358

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Intangible Assets

£945,200

-6.1%

£1,006,818

-8.4%

£1,099,245

-5.2%

£1,158,964

-5.2%

£1,222,672

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Fixed Assets

£15,978,098

-0.7%

£16,092,514

0%

£16,098,226

999.9%

£1,235,688

-0.9%

£1,247,030

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Stock

£144,217,720

10%

£131,137,265

233.2%

£39,354,725

208%

£12,779,178

20%

£10,651,195

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Trade Debtors

£25,621,650

-6.6%

£27,439,532

49%

£18,411,876

116.2%

£8,516,449

53.7%

£5,541,504

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Cash

£1,657,350

-97.9%

£78,455,857

102%

£38,843,317

999.9%

£1,421,882

999.9%

£107,338

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Other Debtors

£36,994,675

7.3%

£34,473,300

148.1%

£13,896,360

321.3%

£3,298,203

19%

£2,770,862

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Miscellaneous Current Assets

£110,300,856

67.4%

£65,905,417

-

0

-

0

-

0

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Current Assets

£318,792,251

-5.5%

£337,411,371

205.3%

£110,506,278

324.8%

£26,015,712

36.4%

£19,070,899

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Trade Creditors

£22,861,114

-4%

£23,824,650

387.9%

£4,882,607

44.1%

£3,387,658

141.4%

£1,403,288

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Bank Loans & Overdrafts

£1,701,234

-97.5%

£66,806,890

37.1%

£48,743,497

245.8%

£14,094,000

2.4%

£13,760,408

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Other Short Term Finance

£160,822,844

2.5%

£156,830,831

200.4%

£52,205,099

999.9%

£4,504,094

-

0

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Miscellaneous Current Liabilities

£116,426,270

46.4%

£79,536,336

999.9%

£1,850,976

35.8%

£1,362,566

14.7%

£1,188,039

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Current Liabilities

£301,811,462

-7.7%

£326,998,707

203.7%

£107,682,179

361.2%

£23,348,318

42.8%

£16,351,735

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Bank Loans & Overdrafts and LTL

£1,701,234

-97.5%

£67,078,034

36.6%

£49,094,333

235.8%

£14,619,831

1.5%

£14,397,351

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Long Term Liabilities

0

-100%

£271,144

-22.7%

£350,836

-33.3%

£525,831

-17.4%

£636,943

.

Capital & Reserves

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Called Up Share Capital

£15,143,750

-

£15,143,750

-

£15,143,750

999.9%

£250,000

-

£250,000

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

P & L Account Reserve

£17,815,137

60.6%

£11,090,284

223.5%

£3,427,739

9.6%

£3,127,251

1.6%

£3,079,251

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Sundry Reserves

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Shareholder Funds

£32,958,887

25.6%

£26,234,034

41.3%

£18,571,489

449.9%

£3,377,251

1.4%

£3,329,251

 

Other Financial Items

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Net Worth

£32,013,687

26.9%

£25,227,216

44.4%

£17,472,244

687.6%

£2,218,287

5.3%

£2,106,579

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Working Capital

£16,980,789

63.1%

£10,412,664

268.7%

£2,824,099

5.9%

£2,667,394

-1.9%

£2,719,164

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Assets

£334,770,349

-5.3%

£353,503,885

179.2%

£126,604,504

364.6%

£27,251,400

34.1%

£20,317,929

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Liabilities

£301,811,462

-7.8%

£327,269,851

202.9%

£108,033,015

352.5%

£23,874,149

40.5%

£16,988,678

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Net Assets

£32,958,887

25.6%

£26,234,034

41.3%

£18,571,489

449.9%

£3,377,251

1.4%

£3,329,251

 

Cash Flow

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Net Cashflow from Operations

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Net Cashflow before Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Increase in Cash

-

-

-

-

-

-

-

-

-

 

Miscellaneous

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

30/06/14

(%)

30/06/13

(%)

30/06/12

Contingent Liability

NO

-

NO

-

NO

-

NO

-

NO

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Capital Employed

£32,958,887

24.3%

£26,505,178

40.1%

£18,922,325

384.8%

£3,903,082

-1.6%

£3,966,194

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Number of Employees

52

20.9%

43

30.3%

33

-2.9%

34

13.3%

30

Accountants

Auditors

WILKINS KENNEDY LLP

Auditor Comments

The audit report contains no adverse comments

Bankers

Bank Branch Code

 

Ratios

Date Of Accounts

31/12/16

31/12/15

30/06/14

30/06/13

30/06/12

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Pre-tax profit margin %

1.69

-3.69

0.22

0.09

1.74

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Current ratio

1.06

1.03

1.03

1.11

1.17

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Sales/Net Working Capital

31.12

40.21

63.19

33.01

36.75

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Gearing %

5.20

255.70

264.40

432.90

432.50

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Equity in %

9.90

7.40

14.80

12.90

17.40

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Creditor Days

15.74

31.06

9.95

14

5.11

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Debtor Days

17.64

35.78

37.55

35.20

20.18

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Liquidity/Acid Test

0.57

0.63

0.66

0.56

0.51

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Return On Capital Employed %

27.17

-58.35

2.07

2.09

43.75

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Return On Total Assets Employed %

2.67

-4.37

0.31

0.29

8.54

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Current Debt Ratio

9.15

12.46

5.79

6.91

4.91

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Total Debt Ratio

9.15

12.47

5.81

7.06

5.10

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Stock Turnover Ratio %

27.29

31.31

22.05

14.51

10.65

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\barchart-grey.png

Return on Net Assets Employed %

27.17

-58.95

2.11

2.41

52.12

 

 

Report Notes

There are no notes to display.

 

 

Status History

 

Date

Description

 

08/12/2017

Compulsory strike off cancelled

07/12/2017

Dissolution (First Gazt)

 

 

Event History

 

Date

Description

03/01/2018

New Accounts Filed

03/01/2018

New Accounts Filed

30/09/2017

Confirmation Statement

12/11/2016

Annual Returns

14/10/2016

New Accounts Filed

14/10/2016

New Accounts Filed

03/10/2016

S. Krishnan has left the board

26/09/2015

Annual Returns

21/04/2015

New Accounts Filed

20/10/2014

Annual Returns

11/04/2014

New Accounts Filed

28/03/2014

Annual Returns

26/03/2014

Annual Returns

23/10/2013

Annual Returns

31/07/2013

Mr G.A. Manley has left the board

 

 

Previous Company Names

 

Date

Previous Name

07/08/2003

OLAM INTERNATIONAL LIMITED

 

 

Writ Details

No writs found

 

 

Statistics

 

Group

8 companies

Linkages

83 companies

Countries

In 29 countries

 

 

Summary

 

Holding Company

OLAM INTERNATIONAL UK LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

TEMASEK HOLDINGS PTE

 

 

Group Structure

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\tminus.gifTEMASEK HOLDINGS PTE

 

N/A

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\tminus.gifOLAM INTERNATIONAL LTD

 

N/A

-

-

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\tminus.gifOLAM INTERNATIONAL U...

 

08464576

31.12.2016

N

£4,995,096

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\tminus.gifOLAM EUROPE LIMITED

 

02970354

31.12.2016

N

£528,406,657

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\tminus.gifOLAM FOOD INGREDI...

 

06113431

31.12.2014

N

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\L.gifOLAM FOOD INGRE...

 

02891838

31.12.2016

N

£35,708,000

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\L.gifOLAM STORAGE AND...

 

05597175

31.12.2016

N

£2,409,265

Description: \\vivek-pc\123 Foreign Report Raw\2\OLAM EUROPE LIMITED_files\L.gifSILVERTIP INVESTMENTS...

 

N/A

-

-

Statistics

Group

8 companies

Linkages

83 companies

Countries

In 29 countries

 

 

Other Linked Companies

 

Name

Number

Latest Key Financials

Turnover

OLAM INTERNATIONAL

 

31.12.2016

€11,557,307,584

OLAM COCOA B.V.

 

35002995

31.12.2016

OLAM ITALIA S.R.L.

 

MI1968297

31.12.2016

€22,174,315

OLAM BRANDS B.V.

 

24375829

30.06.2006

OLAM COCOA DEUTSCHLAND GMBH

 

HRB 102748

31.12.2016

€28,806,893

OLAM EUROPE B.V.

 

24278173

30.06.2013

€3,576,578

OS FOODS AFRICA LIMITED

 

08568671

30.06.2015

TT TIMBER INTERNATIONAL AG

 

17393

-

TWINCON B.V.

 

35008749

31.12.2016

OLAM COCOA INTERNATIONAL B.V.

 

35020949

31.12.2016

TARGHEE HOLDING B.V.

 

35027165

31.12.2016

OLAM SUISSE SÀRL

 

7626135

-

OLAM AMERICAS INC

 

-

$3,750,000

QC (US) MARKETING INC.

 

-

$10,000,000

OLAM WEST COAST INC

 

-

$100,000,000

OLAM FARMING, INC.

 

-

$1,000,000

OLAM AMERICAS INC.

 

-

$3,750,000

UNIVERSAL BLANCHERS, L.L.C.

 

-

$117,900,000

ACCO FINANCE CO

 

-

$75,000,000

OLAM WOOD PRODUCTS

 

-

$750,000

 

 

Previous Director/Company Secretaries

 

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

Gerard Anthony Manley

2

3

3

Ram Tahilram Daswani

0

2

2

Dayal Damodar Chanrai

0

2

0

Hasmukhlal Nichhabhai Mistry

0

2

2

Hasmukhlal Nichhabhai Mistry

0

2

2

Vinod Pitamber Chanrai

0

2

1

Murli Bulchand Hathiramani

1

1

2

Sunny George Verghese

0

1

0

Sridhar Krishnan

0

1

0

Rajesh Chopra

0

2

0

Rajesh Chopra

0

2

0

Amit Suri

0

1

1

Rishi Kalra

0

4

1

RM REGISTRARS LIMITED

0

2196

9503

RM NOMINEES LIMITED

0

1727

7260

 

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Olam International Uk Limited

Kind

Corporate Entity With Significant Control

Address

Bridge House London Bridge, London, United Kingdom

Notified On

06/04/2016

Post Code

SE1 9QR

Legal Form

Limited By Shares

Authority

United Kingdom

Place Registered

Companies House

Country Registered

United Kingdom

Registration Number

08464576

Nature Of Control

Ownership Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent,Right To Appoint And Remove Directors

 

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 65.10

UK Pound

1

INR 90.44

Euro

1

INR 79.59

GBP

1

INR 89.66 

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

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)

 

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.