MIRA INFORM REPORT

Report No. :	495689
Report Date :	12.03.2018

IDENTIFICATION DETAILS

Name :	MARWIN ENVIRONMENTAL TRADING LIMITED

Registered Office :	27 Carraig Aoil, Cloughduv, Crookstown, 616489

Country :	Ireland

Financials (as on) :	31.12.2016

Date of Incorporation :	08.08.2005

Com. Reg. No.:	IE406306

Legal Form :	Ltd - Private Company Limited By Shares

Line of Business :	Not Available [We tried to confirm / obtain the detailed activity but the same is not available from any sources]

No. of Employees :	3

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Good

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)

Ireland

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 25% in 2015. 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%. This 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 4.1% in 2017, but the recovering economy assisted lowering the deficit to 0.6% of GDP.

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 name and address

Top of Form

Company Name: MARWIN ENVIRONMENTAL TRADING LIMITED

Company No: IE406306

Company Status: Active - Accounts Filed

Status Active

Active - Accounts Filed

Registered Address: 27 CARRAIG AOILCLOUGHDUVCROOKSTOWN616489

Company Name

MARWIN ENVIRONMENTAL TRADING LIMITED

Company Number

IE406306

Company Summary

Registered Address 27 CARRAIG AOIL
CLOUGHDUV
CROOKSTOWN
616489

Trading Address 27 CARRAIG AOIL
CLOUGHDUV
CROOKSTOWN
Co CORK
999937

Website Address -

Eircode P14P594

VAT Number IE6426306D

Telephone Number -

Fax Number

TPS -

FPS Yes

Incorporation Date 08/08/2005

Previous Name

Type LTD - PRIVATE COMPANY LIMITED BY SHARES

FTSE Index -

Date of Change -

Filing Date of Accounts -

Currency EUR

Share Capital €200

SIC07

Charity Number -

SIC07 Description

Principal Activity

Nace Code -

Nace Description -

Additional Information

CJ's 0 (€0)

No CJ Information To Display

Ultimate Holding Company -

Accountant MC2 ACCOUNTANTS

Mortgages 0

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/12/2016 - - €4,704,131 3

31/12/2015 - - €4,720,152 3

31/12/2014 - - €4,151,960 3

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.
There is insufficient data to indicate a change in this company's percentage of sales.
A 2.5% growth in Total Assets occurred during the latest trading period.
The company saw an increase in their Cash Balance of 41.6% during the latest trading period.

CJ

Total Number of Exact CJs -	Total Value of Exact CJs -	€0
Total Number of Possible CJs -	Total Value of Possible CJs -	€0
Total Number of Satisfied CJs -	Total Value of Satisfied CJs -	€0

Total Current Directors	2	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	5

Current Directors

Title		Function	Director
Name	CHRIS HANNON	Nationality
Date of Birth	02/1967	Present Appointments	2
Latest Address	27 CARRAIGAOIL, CLOUGHDUV, CROOKSTOWN, CO. CORK	Appointment Date	01/11/2005

Title		Function	Director
Name	MARY HANNON	Nationality
Date of Birth	05/1967	Present Appointments	2
Latest Address	27 CARRAIG AOIL, CLOUGHDUV, CROOKSTOWN, CO. CORK	Appointment Date	01/01/2012

Current Company Secretary

Title		Function	Company Secretary
Name	CHRIS HANNON	Nationality
Date of Birth	02/1967	Present Appointments	4
Latest Address	27 CARRAIGAOIL, CLOUGHDUV, CROOKSTOWN, CO. CORK	Appointment Date	01/11/2005

Authorised Person

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
ELMCO ENVIRONMENTAL LTD	EUR	90	ORDINARY B	1	45
JATECO LTD	EUR	50	ORDINARY A	1	25
MARY HANNON	EUR	25	ORDINARY	1	12.5
CHRIS HANNON	EUR	25	ORDINARY	1	12.5
JATECO LTD	EUR	10	ORDINARY B	1	5
1

Financials

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
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Wages & Salaries	€308,997	22.9%	€251,500	8.7%	€231,324	-28.2%	€322,384	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Directors Emoluments	€298,650	24.1%	€240,650	8.9%	€221,001	-29.3%	€312,384	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Depreciation	-	-	-	-	-	-	€2,052	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Tangible Assets	€1,033,852	-15%	€1,216,915	999.9%	€4,912	15.3%	€4,261	127.9%	€1,870
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Fixed Assets	€1,033,852	-15%	€1,216,915	999.9%	€4,912	15.3%	€4,261	127.9%	€1,870
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Stock	€119,967	26.3%	€95,000	6.4%	€89,285	13.7%	€78,510	665.4%	€10,257
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Trade Debtors	€2,371,556	-13.1%	€2,728,303	88.2%	€1,449,494	29.2%	€1,121,494	-37.1%	€1,782,152
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Cash	€2,224,147	41.6%	€1,570,924	-60.3%	€3,959,230	16.1%	€3,408,795	25.2%	€2,722,031
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Other Debtors	0	-	0	-100%	€19,695	74.1%	€11,310	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Current Assets	€4,715,670	7.3%	€4,394,227	-20.4%	€5,517,704	19.4%	€4,620,109	2.3%	€4,514,440
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Trade Creditors	€962,269	23.8%	€777,251	-33.4%	€1,167,655	-1.1%	€1,180,803	-2.1%	€1,206,636
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	€1,746	-	0	-	0	-100%	€123,444	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-100%	€86,674	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	€18,352	-83.9%	€113,739	-44%	€203,001	298.5%	€50,947	138.1%	€21,397
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Current Liabilities	€982,367	10.3%	€890,990	-35%	€1,370,656	-4.9%	€1,441,868	17.4%	€1,228,033
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	€64,770	-	0	-	0	-100%	€123,444	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Long Term Liabilities	€63,024	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Called Up Share Capital	€200	-	€200	-	€200	100%	€100	-	€100
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	P & L Account Reserve	€4,703,931	-0.3%	€4,719,952	13.7%	€4,151,760	30.5%	€3,182,402	-3.2%	€3,288,177
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Shareholder Funds	€4,704,131	-0.3%	€4,720,152	13.7%	€4,151,960	30.5%	€3,182,502	-3.2%	€3,288,277

Other Financial Items

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Net Worth	€4,704,131	-0.3%	€4,720,152	13.7%	€4,151,960	30.5%	€3,182,502	-3.2%	€3,288,277
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Working Capital	€3,733,303	6.6%	€3,503,237	-15.5%	€4,147,048	30.5%	€3,178,241	-3.3%	€3,286,407
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Assets	€5,749,522	2.5%	€5,611,142	1.6%	€5,522,616	19.4%	€4,624,370	2.4%	€4,516,310
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Liabilities	€1,045,391	17.3%	€890,990	-35%	€1,370,656	-4.9%	€1,441,868	17.4%	€1,228,033
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Net Assets	€4,704,131	-0.3%	€4,720,152	13.7%	€4,151,960	30.5%	€3,182,502	-3.2%	€3,288,277

Cash Flow

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/12/16	(%)	31/12/15	(%)	31/12/14	(%)	31/12/13	(%)	31/12/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Capital Employed	€4,767,155	1%	€4,720,152	13.7%	€4,151,960	30.5%	€3,182,502	-3.2%	€3,288,277
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Number of Employees	3	-	3	-	3	-	3	-	-
	Accountants	MC2 ACCOUNTANTS
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers	BANK OF IRELAND
	Bank Branch Code	90-27-68

Ratios

	Date Of Accounts	31/12/16	31/12/15	31/12/14	31/12/13	31/12/12
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Current ratio	4.80	4.93	4.03	3.20	3.68
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Gearing %	1.40	0	0	3.90	0
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Equity in %	81.80	84.10	75.20	68.80	72.80
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Liquidity/Acid Test	4.67	4.82	3.96	3.14	3.66
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Current Debt Ratio	0.20	0.18	0.33	0.45	0.37
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Total Debt Ratio	0.22	0.18	0.33	0.45	0.37
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\2\MARWIN ENVIRONMENTAL TRADING LTD_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

status Status History

No Status History found

Event History

Date	Description
28/12/2017	WINIFRED HANNON has left the board
28/12/2017	MICHAEL HANNON has left the board
08/06/2017	Annual Returns
08/06/2017	New Accounts Filed
08/06/2017	New Accounts Filed
17/10/2016	New Accounts Filed
17/10/2016	New Accounts Filed
16/10/2016	Annual Returns
13/11/2015	New Accounts Filed
13/11/2015	New Accounts Filed
12/11/2015	Annual Returns
30/09/2014	New Accounts Filed
30/09/2014	New Accounts Filed
29/09/2014	Annual Returns
07/10/2013	New Accounts Filed

Previous Company Names

No Previous Names found

Document Description	Status	CRO Registered Date
B7 Notice Of Consolidation,Division,Conversion	Received	30/01/2018

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
MICHAEL HANNON	0	3	2
WINIFRED HANNON	0	2	1
MARY HANNON	0	1	0
WINIFRED HANNON	2	1	0
COMPANY SERVICES LIMITED	834	18575	18224

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.08
UK Pound	1	INR 89.85
Euro	1	INR 80.16
Euro	1	INR 80.11

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

INFORMATION DETAILS

Analysis Done by :	VAR

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)

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