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MIRA
INFORM REPORT
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Report No. : |
493307 |
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Report Date : |
13.03.2018 |
IDENTIFICATION DETAILS
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Name : |
EATON
ELECTRICAL SYSTEMS |
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Registered Office : |
Unit 1 Kingsway
South, Westgate Aldridge Walsall West Midlands Ws9 8fs |
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Country : |
United Kingdom |
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Date of Incorporation : |
01.01.1977 |
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Legal Form : |
Non Limited Company |
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Line of Business : |
Subject is engaged in supplier of engineering equipments. |
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No. of Employees : |
70 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but Correct |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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.
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Source
: CIA |
Company name and address
Company
Name:
EATON
ELECTRICAL SYSTEMS
Registered
Address:
ALDRIDGEWALSALLWEST
MIDLANDSWS9 8FS
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Company
Name |
EATON
ELECTRICAL SYSTEMS |
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Trading
Address |
UNIT
1 KINGSWAY SOUTH, WESTGATE |
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Post
Code |
WS9
8FS |
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Senior
Executive |
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Position |
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Date
At Address |
01/01/1977 |
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Telephone
Number |
0121
526 7058 - View Details |
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TPS |
N |
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Premises
Type |
Office
& Administration |
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Number
of Employees |
70 |
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Business
Classification |
MECHANICAL
ENGINEERING GENERAL |
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SIC03 |
28520 |
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SIC03
Description |
General
mechanical engineering |
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Fax
Number |
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FPS |
N |
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Website
Address |
http://www.raxton.co.uk |
CCJs
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Exact
CCJ's |
0 |
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Possible
CCJ's |
0 |
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Bankruptcies
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Exact
Name & Address |
0 |
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Exact
Address |
0 |
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Exact
Name |
1 |
Commentary
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This
company has been treated as a Non Limited company in respect of the
rating/limit generated. |
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This
company trades in an industry with a moderate level of corporate failures. |
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This
company has been trading for over 35 years. |
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This
company is based in a geographical area with a moderate level of corporate
failures. |
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This
company operates from a type of property which has been associated with a
lower risk of corporate failure. |
Exact CCJ Details
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No
CCJ`s Found |
Possible Address CCJ Details
|
No
CCJ`s Found |
“Possible
Address CCJ matches show CCJs that may be matched to a company based on various
criteria such as similar trading names or addresses. This data is provided for
your information only as an aid to decision-making and does not affect a
company’s rating.”
Possible Name CCJ Details
|
No
CCJ`s Found |
“Possible
Name CCJ matches show CCJs that may be matched to a company based on various
criteria such as similar trading names or addresses. This data is provided for
your information only as an aid to decision-making and does not affect a
company’s rating.”
Other
Limited Companies which match this Company Name & Address - 0 Results found
Other
Non Limited Companies which match this Company Name & Address - 1 Result found
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Company
Name |
Address |
Postcode |
|
EATON
ELECTRICAL SYSTEMS |
UNIT
1 KINGSWAY SOUTH, ALDRIDGE, WALSALL |
WS9
8FS |
Other
Companies which match this Company Address - 1 Result found
|
Company
Name |
Company
Number |
Address |
Postcode |
|
MONARCH
LOGISTICS LIMITED |
04990254 |
UNIT
2 KINGSWAY SOUTH, WESTGATE, ALDRIDGE, WALSALL |
WS9
8FS |
Other
Limited Companies which match this Company Name - 59468 Results found
|
Company
Name |
Company
Number |
Address |
Postcode |
|
EATON
ELECTRICAL SYSTEMS LIMITED |
03012749 |
JEPHSON
COURT TANCRED CLOSE, LEAMINGTON SPA, WARWICKSHIRE |
CV31
3RZ |
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EATON
ELECTRICAL (DERBY) LIMITED |
06383335 |
100,
ALFRETON ROAD, DERBY, DERBY |
DE215DD |
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EATON
ELECTRICAL LIMITED |
03822090 |
6,
FOREST ROAD, LOUGHBOROUGH, LOUGHBOROUGH |
LE113NP |
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EATON
ELECTRICAL PRODUCTS LIMITED |
01342230 |
JEPHSON
COURT TANCRED CLOSE, QUEENSWAY, WARWICKSHIRE |
CV31
3RZ |
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LONG
EATON ELECTRICAL LTD |
07503691 |
27,
BORROWDALE DRIVE, LONG EATON, NOTTINGHAM |
NG103PL |
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EATON
ELECTRIC LIMITED |
04617032 |
ABBEY
PARK, SOUTHAMPTON ROAD, TITCHFIELD, FAREHAM |
PO144QA |
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EATON
ELECTRIC OVERSEAS HOLDING LIMITED |
00433698 |
PO
BOX 22 NORFOLK STREET, WORSLEY ROAD NORTH, MANCHESTER |
M28
3ET |
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THE
EATON FOUNDATION |
CE001062 |
||
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EATON
LP |
SL005520 |
300
TAY HOUSE, BATH STREET, 300 BATH STREET, GLASGOW |
G2
4NA |
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EATON
IT LTD. |
10940315 |
54
GATHURST LANE, SHEVINGTON, WIGAN, LANCASHIRE |
WN6
8HW |
Other
Non Limited Companies which match this Company Name - 9728 Results found
|
Company
Name |
Address |
Postcode |
|
EATON
ELECTRICAL SYSTEMS |
UNIT
1 KINGSWAY SOUTH, ALDRIDGE, WALSALL |
WS9
8FS |
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EATON
ELECTRICAL SERVICES & SYSTEM |
SILSON
BARN, SILVERSTONE, TOWCESTER |
NN12
8XA |
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EATON
ELECTRIC |
REDDINGS
LANE, TYSELEY, BIRMINGHAM |
B11
3EZ |
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EATON
ELECTRICS |
270,
BATH ROAD, SLOUGH |
SL1
4DX |
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EATON
LIGHTING SYSTEMS |
USK
HOUSE, LLANTARNAM INDUSTRIAL PARK, CWMBRAN |
NP44
3HD |
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EATON
LIGHTING SYSTEMS |
20,
GREENHILL CRESCENT, WATFORD |
WD18
8JA |
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EATON |
MELTON
ROAD, BURTON-ON-THE-WOLDS, LOUGHBOROUGH |
LE12
5TH |
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EATON |
10,
COLLINS ROAD, HEATHCOTE INDUSTRIAL ESTATE, WARWICK |
CV34
6TF |
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EATON |
GRIMSHAW
LANE, MIDDLETON, MANCHESTER |
M24
1GQ |
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EATON |
2,
ARGOSY COURT, COVENTRY |
CV3
4GA |
Directors
last filed addresses which have been matched to this company’s postcode - 4 Results found
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Company
Name |
Address |
Postcode |
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Andrew
Albert Noy |
Unit
2 Kingsway South Aldridge |
WS9
8FS |
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Carla
Witheridge |
Unit
2 Kingsway South, Westgate Aldridge |
WS9
8FS |
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Carlette
Emma Maher |
Unit
2 Kingsway South Aldridge |
WS9
8FS |
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Susan
Avery |
Unit
2 Kingsway South, Westgate Aldridge |
WS9
8FS |
Other
Companies that match this Telephone Number - 0 Results found
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Company
Address |
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Company
Name EATON
ELECTRICAL |
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House
Name / Number |
Telephone
Number 0121
526 7058 |
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Street UNIT
1 KINGSWAY SOUTH |
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Locality ALDRIDGE |
if
you would like to search by an alternative company address or telephone
number, please do so |
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City
/ Town WALSALL |
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Post
Code WS9
8FS |
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This
company has been matched to SIC Code 2852 classified
as General mechanical engineering
There are 8121 companies within this classification.
Average Credit Rating
|
SIC03 |
Newly
Incorporated |
Small
Companies |
Medium
to Large Companies |
|
2852 |
10 |
56 |
75 |
Average Credit Limit
|
SIC03 |
Newly
Incorporated |
Small
Companies |
Medium
to Large Companies |
||
|
2852 |
£136 |
£15,107 |
£279,819 |
Total Number & Value Of CCJ’s In This SIC03
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SIC03 |
CCJ`s |
Value |
|||
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2852 |
1090 |
£5,316,538 |
Total Number Of Negative Events In This SIC03
|
SIC03 |
Bankruptcy |
Administration |
Liquidation |
Wound
Up |
|
|
2852 |
0 |
60 |
427 |
0 |
Event History
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Date |
Description |
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01/11/2016 |
Change
of Premises |
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01/11/2016 |
Contact
/Exec details changed |
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01/11/2016 |
Address
details changed |
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01/11/2016 |
Company
Activities |
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01/11/2016 |
Main
Tel No. changed |
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06/10/2016 |
Contact
/Exec details changed |
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06/10/2016 |
Company
Name changed |
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12/09/2013 |
Contact
/Exec details changed |
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12/09/2013 |
Address
details changed |
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12/09/2013 |
Company
Name changed |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.01 |
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|
1 |
INR 90.12 |
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Euro |
1 |
INR 80.09 |
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GBP |
1 |
INR 90.23 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
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Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low risk
of default |
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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 |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.