|
|
|
|
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: OLAM EUROPE LIMITED
Company
No: 02970354
Company
Status: Active - Accounts
Filed
Status Active
Registered
Address: BRIDGE HOUSE 4
BOROUGHHIGH STREET LONDONSE1 9QR
Credit Limit £1,500,000
OLAM
EUROPE LIMITED
02970354
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.
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
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
Total
Mortgage 0
Outstanding 0
Satisfied 0
Total
Number of Documented Trade 0
Total
Value of Documented Trade £0
|
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. |
|
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 |
4 |
Total
Current Secretaries |
0 |
|
Total
Previous Directors / Company Secretaries |
15 |
Total
Person's With Significant Control |
1 |
|
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 |
||
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 |
|
|
|
||||||
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 |
|
|
|
Turnover |
£528,406,657 |
26.2% |
£418,709,502 |
134.6% |
£178,464,677 |
102.7% |
£88,051,344 |
-11.9% |
£99,938,518 |
|
|
Export |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
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 |
|
|
Gross
Profit |
£21,059,450 |
554% |
-£4,638,586 |
-176.8% |
£6,036,753 |
57% |
£3,845,877 |
-45.5% |
£7,051,068 |
|
|
Wages
& Salaries |
£6,232,481 |
-38.2% |
£10,081,294 |
99.8% |
£5,046,543 |
-10.7% |
£5,652,183 |
9% |
£5,185,519 |
|
|
Directors
Emoluments |
£1,008,083 |
-42.7% |
£1,760,430 |
95.4% |
£900,903 |
-45.9% |
£1,666,697 |
-28.9% |
£2,345,281 |
|
|
Operating
Profit |
£10,204,060 |
169.7% |
-£14,649,993 |
-999.9% |
£809,707 |
234.4% |
£242,164 |
-86.1% |
£1,743,832 |
|
|
Depreciation |
£90,296 |
10.2% |
£81,972 |
206.3% |
£26,760 |
-5.2% |
£28,226 |
-73.4% |
£106,140 |
|
|
Audit
Fees |
£47,475 |
35.6% |
£35,000 |
16.7% |
£30,000 |
9.3% |
£27,450 |
14.4% |
£24,000 |
|
|
Interest
Payments |
£1,247,847 |
38.9% |
£898,468 |
44.6% |
£621,382 |
235.4% |
£185,258 |
-17.5% |
£224,502 |
|
|
Pre Tax
Profit |
£8,956,273 |
157.9% |
-£15,467,277 |
-999.9% |
£392,751 |
381.4% |
£81,592 |
-95.3% |
£1,735,263 |
|
|
Taxation |
-£2,231,420 |
-174.9% |
£2,978,251 |
999.9% |
-£92,263 |
-174.7% |
-£33,592 |
92.8% |
-£468,493 |
|
|
Profit
After Tax |
£6,724,853 |
153.8% |
-£12,489,026 |
-999.9% |
£300,488 |
526% |
£48,000 |
-96.2% |
£1,266,770 |
|
|
Dividends
Payable |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
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 |
|
|
|
Tangible
Assets |
£15,032,898 |
-0.3% |
£15,085,696 |
0.6% |
£14,998,981 |
999.9% |
£76,724 |
215% |
£24,358 |
|
|
Intangible
Assets |
£945,200 |
-6.1% |
£1,006,818 |
-8.4% |
£1,099,245 |
-5.2% |
£1,158,964 |
-5.2% |
£1,222,672 |
|
|
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 |
|
|
Stock |
£144,217,720 |
10% |
£131,137,265 |
233.2% |
£39,354,725 |
208% |
£12,779,178 |
20% |
£10,651,195 |
|
|
Trade
Debtors |
£25,621,650 |
-6.6% |
£27,439,532 |
49% |
£18,411,876 |
116.2% |
£8,516,449 |
53.7% |
£5,541,504 |
|
|
Cash |
£1,657,350 |
-97.9% |
£78,455,857 |
102% |
£38,843,317 |
999.9% |
£1,421,882 |
999.9% |
£107,338 |
|
|
Other
Debtors |
£36,994,675 |
7.3% |
£34,473,300 |
148.1% |
£13,896,360 |
321.3% |
£3,298,203 |
19% |
£2,770,862 |
|
|
Miscellaneous
Current Assets |
£110,300,856 |
67.4% |
£65,905,417 |
- |
0 |
- |
0 |
- |
0 |
|
|
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 |
|
|
Trade
Creditors |
£22,861,114 |
-4% |
£23,824,650 |
387.9% |
£4,882,607 |
44.1% |
£3,387,658 |
141.4% |
£1,403,288 |
|
|
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 |
|
|
Other
Short Term Finance |
£160,822,844 |
2.5% |
£156,830,831 |
200.4% |
£52,205,099 |
999.9% |
£4,504,094 |
- |
0 |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
Other
Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
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 |
|
|
|
Called
Up Share Capital |
£15,143,750 |
- |
£15,143,750 |
- |
£15,143,750 |
999.9% |
£250,000 |
- |
£250,000 |
|
|
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 |
|
|
Revaluation
Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry
Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
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 |
|
|
|
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 |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
|
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 |
(%) |
30/06/14 |
(%) |
30/06/13 |
(%) |
30/06/12 |
|
|
Contingent
Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
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 |
|
|
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 |
|
|
|
Pre-tax
profit margin % |
1.69 |
-3.69 |
0.22 |
0.09 |
1.74 |
|
|
Current
ratio |
1.06 |
1.03 |
1.03 |
1.11 |
1.17 |
|
|
Sales/Net
Working Capital |
31.12 |
40.21 |
63.19 |
33.01 |
36.75 |
|
|
Gearing
% |
5.20 |
255.70 |
264.40 |
432.90 |
432.50 |
|
|
Equity
in % |
9.90 |
7.40 |
14.80 |
12.90 |
17.40 |
|
|
Creditor
Days |
15.74 |
31.06 |
9.95 |
14 |
5.11 |
|
|
Debtor
Days |
17.64 |
35.78 |
37.55 |
35.20 |
20.18 |
|
|
Liquidity/Acid
Test |
0.57 |
0.63 |
0.66 |
0.56 |
0.51 |
|
|
Return
On Capital Employed % |
27.17 |
-58.35 |
2.07 |
2.09 |
43.75 |
|
|
Return
On Total Assets Employed % |
2.67 |
-4.37 |
0.31 |
0.29 |
8.54 |
|
|
Current
Debt Ratio |
9.15 |
12.46 |
5.79 |
6.91 |
4.91 |
|
|
Total
Debt Ratio |
9.15 |
12.47 |
5.81 |
7.06 |
5.10 |
|
|
Stock
Turnover Ratio % |
27.29 |
31.31 |
22.05 |
14.51 |
10.65 |
|
|
Return
on Net Assets Employed % |
27.17 |
-58.95 |
2.11 |
2.41 |
52.12 |
Report
Notes
|
There are no notes to
display. |
|
Date |
Description |
|
|
08/12/2017 |
Compulsory
strike off cancelled |
|
|
07/12/2017 |
Dissolution
(First Gazt) |
|
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 |
|
Date |
Previous
Name |
|
07/08/2003 |
OLAM
INTERNATIONAL LIMITED |
Writ
Details
|
No
writs found |
|
Group |
8
companies |
|
Linkages |
83
companies |
|
Countries |
In 29
countries |
|
Holding
Company |
OLAM
INTERNATIONAL UK LIMITED |
|
Ownership
Status |
Wholly
Owned |
|
Ultimate
Holding Company |
TEMASEK
HOLDINGS PTE |
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol.
Accounts |
Turnover |
|
|
|
|
N/A |
- |
- |
|
|
|
|
N/A |
- |
- |
|
|
|
|
08464576
|
31.12.2016 |
N |
£4,995,096
|
|
|
|
02970354
|
31.12.2016 |
N |
£528,406,657
|
|
|
|
06113431
|
31.12.2014 |
N |
|
|
|
|
02891838
|
31.12.2016 |
N |
£35,708,000
|
|
|
|
05597175
|
31.12.2016 |
N |
£2,409,265
|
|
|
|
N/A |
- |
- |
|
Group |
8
companies |
|
Linkages
|
83
companies |
|
Countries
|
In 29
countries |
|
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
|
|
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 |
|
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 |
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.