Please select a product

General Info

SUBJECT

SAMPLE COMPANY LIMITED

Date
NAME IN LOCAL SCRIPT
شركة سمبل المحدودة
Trading Names
SAMPLE CO LTD
SAMPLE COMPANY LTD
Former Names
OLD SAMPLE COMPANY LIMITED
STATUS
Active

CR Score

64.14

CREDIT RATING

Company Size
LARGE
Business Trend
DECLINING
Payments
COMPLAINTS RECORDED
Credit Rating
B
Maximum Credit
1500000.00 USD
(+971) (4) 145 6328 ,(+971) (4) 192 5003
(+971) (4) 125 8900
14200
P.O.Box
12630
Town
Dubai
Country
United Arab Emirates (the)
1951
P.O.Box
150018
Town
Dubai
Country
United Arab Emirates (the)
(+971) (4) 123456789
(+971) (4) 1258745
accounts@samplecompany.com
info@samplecompany.com
www.samplecompany.com
11152
P.O.Box
11258
Town
Dubai
Country
United Arab Emirates (the)
Individual
[CRiS No AEP48422702]
[CRiS No AEP48422703]
[CRiS No AEP48422704]
[CRiS No ZZP48422705]
Limited Liability Company (LLC) (WLL) (LTD)
Chamber of Commerce
Commercial Register
License
License
License
500000.00
500000.00
0
500000.00
1.00
[CRiS No AEP48422702]
35.00 %
[CRiS No AEP48422703]
51.00 %
SHAREHOLDER 1 COMPANY LIMITED [CRiS No SAC48422701]
14.00 %
AFFILIATE 1
[CRiS No AEC48422713]
AFFILIATE 2
[CRiS No SAC48422714]
AFFILIATE 3
[CRiS No AEC48422715]
Standard
UK SIC 2007
Activity
[10.32] - Manufacture of fruit and vegetable juice (Secondary)
[10.51] - Operation of dairies and cheese making (Secondary)
[10.51/9] - Manufacture of milk products (other than liquid milk and cream, butter, cheese) n.e.c. (Primary)
[10.51/2] - Butter and cheese production (Secondary)
Annual Import Value
2016
160,000.00
USD
2017
200,000.00
USD
Annual Export Value
2016
100,000.00
USD
2017
250,000.00
USD
China
United Kingdom of Great Britain and Northern Ireland (the)
India
Saudi Arabia
Oman
Egypt
Method of Payment
Letters of Credit
Currency: AED-Consolidated
Balance Sheet
Cash and Cash Equivalent
2017/12/31
471,837,000.00
2017/03/31
543,914,000.00
2016/03/31
246,284,000.00
2015/03/31
66,425,000.00
2014/03/31
112,913,000.00
Other Current Assets
2017/12/31
18,272,000.00
2017/03/31
16,640,000.00
2016/03/31
14,462,000.00
2015/03/31
25,725,000.00
2014/03/31
47,265,000.00
Debtors
2017/12/31
166,255,000.00
2017/03/31
161,798,000.00
2016/03/31
171,192,000.00
2015/03/31
172,108,000.00
2014/03/31
171,527,000.00
Stocks
2017/12/31
411,158,000.00
2017/03/31
321,429,000.00
2016/03/31
381,120,000.00
2015/03/31
352,718,000.00
2014/03/31
308,421,000.00
Current Assets
2017/12/31
1,067,522,000.00
2017/03/31
1,043,781,000.00
2016/03/31
813,058,000.00
2015/03/31
616,976,000.00
2014/03/31
640,126,000.00
Other Fixed Assets (incl. Financial Fixed Assets)
2017/12/31
243,000.00
2017/03/31
243,000.00
2016/03/31
243,000.00
2015/03/31
243,000.00
2014/03/31
243,000.00
Tangible Fixed Assets
2017/12/31
644,236,000.00
2017/03/31
598,004,000.00
2016/03/31
577,203,000.00
2015/03/31
591,854,000.00
2014/03/31
497,678,000.00
Fixed Assets
2017/12/31
644,479,000.00
2017/03/31
598,247,000.00
2016/03/31
577,446,000.00
2015/03/31
592,097,000.00
2014/03/31
497,921,000.00
Total Assets
2017/12/31
1,712,001,000.00
2017/03/31
1,642,028,000.00
2016/03/31
1,390,504,000.00
2015/03/31
1,209,073,000.00
2014/03/31
1,138,047,000.00
Creditors
2017/12/31
137,928,000.00
2017/03/31
99,380,000.00
2016/03/31
67,304,000.00
2015/03/31
108,869,000.00
2014/03/31
56,859,000.00
Other Current Liabilities
2017/12/31
190,692,000.00
2017/03/31
172,144,000.00
2016/03/31
129,194,000.00
2015/03/31
67,204,000.00
2014/03/31
77,943,000.00
Current Liabilities
2017/12/31
328,620,000.00
2017/03/31
271,524,000.00
2016/03/31
196,498,000.00
2015/03/31
176,073,000.00
2014/03/31
134,802,000.00
Other non Current Liabilities (incl. Provisions)
2017/12/31
106,194,000.00
2017/03/31
107,835,000.00
2016/03/31
100,422,000.00
2015/03/31
83,768,000.00
2014/03/31
80,555,000.00
Non Current Liabilities
2017/12/31
106,194,000.00
2017/03/31
107,835,000.00
2016/03/31
100,422,000.00
2015/03/31
83,768,000.00
2014/03/31
80,555,000.00
Capital
2017/12/31
325,000,000.00
2017/03/31
325,000,000.00
2016/03/31
325,000,000.00
2015/03/31
325,000,000.00
2014/03/31
325,000,000.00
Other Shareholders Funds (incl. Reserves)
2017/12/31
952,187,000.00
2017/03/31
937,669,000.00
2016/03/31
768,584,000.00
2015/03/31
624,232,000.00
2014/03/31
597,690,000.00
Shareholders Funds
2017/12/31
1,277,187,000.00
2017/03/31
1,262,669,000.00
2016/03/31
1,093,584,000.00
2015/03/31
949,232,000.00
2014/03/31
922,690,000.00
Total Shareholders Funds and Liabilities
2017/12/31
1,712,001,000.00
2017/03/31
1,642,028,000.00
2016/03/31
1,390,504,000.00
2015/03/31
1,209,073,000.00
2014/03/31
1,138,047,000.00
Income Statement
Operating Revenue / Turnover
2017/12/31
1,314,069,000.00
2017/03/31
1,857,739,000.00
2016/03/31
1,982,764,000.00
2015/03/31
1,806,878,000.00
2014/03/31
1,552,824,000.00
Cost of Goods Sold
2017/12/31
-818,120,000.00
2017/03/31
-1,096,589,000.00
2016/03/31
-1,274,127,000.00
2015/03/31
-1,254,598,000.00
2014/03/31
-1,059,683,000.00
Gross Profit
2017/12/31
495,949,000.00
2017/03/31
761,150,000.00
2016/03/31
708,637,000.00
2015/03/31
552,280,000.00
2014/03/31
493,141,000.00
Other Operating Expenses
2017/12/31
-279,012,000.00
2017/03/31
-450,351,000.00
2016/03/31
-432,979,000.00
2015/03/31
-396,687,000.00
2014/03/31
-309,191,000.00
Operating Profit (Loss)
2017/12/31
217,837,000.00
2017/03/31
310,799,000.00
2016/03/31
275,658,000.00
2015/03/31
155,593,000.00
2014/03/31
183,950,000.00
Financial Profit / Loss
2017/12/31
4,923,000.00
2017/03/31
6,668,000.00
2016/03/31
80,000.00
2015/03/31
-1,571,000.00
2014/03/31
1,289,000.00
Profit (Loss) before Taxation
2017/12/31
222,760,000.00
2017/03/31
322,463,000.00
2016/03/31
276,161,000.00
2015/03/31
153,735,000.00
2014/03/31
185,887,000.00
Taxation
2017/12/31
-12,483,000.00
2017/03/31
-20,690,000.00
2016/03/31
-15,333,000.00
2015/03/31
-12,266,000.00
2014/03/31
-14,353,000.00
Profit (Loss) after Taxation
2017/12/31
210,277,000.00
2017/03/31
301,773,000.00
2016/03/31
260,828,000.00
2015/03/31
141,469,000.00
2014/03/31
171,534,000.00
Cash Flows
Profit for the year
2017/12/31
222,760,000.00
2017/03/31
301,773,000.00
2016/03/31
260,828,000.00
2015/03/31
141,469,000.00
2014/03/31
171,534,000.00
Net cash used in operating activities
2017/12/31
218,890,000.00
2017/03/31
526,488,000.00
2016/03/31
362,839,000.00
2015/03/31
230,646,000.00
2014/03/31
212,708,000.00
Net cash used in investing activities
2017/12/31
-95,208,000.00
2017/03/31
-95,733,000.00
2016/03/31
-66,504,000.00
2015/03/31
-162,207,000.00
2014/03/31
-55,682,000.00
Cash from financing activities
2017/12/31
-195,648,000.00
2017/03/31
-133,358,000.00
2016/03/31
-115,625,000.00
2015/03/31
-115,600,000.00
2014/03/31
-97,500,000.00
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
2017/12/31
-71,966,000.00
2017/03/31
297,397,000.00
2016/03/31
180,710,000.00
2015/03/31
-47,161,000.00
2014/03/31
59,526,000.00
Foreign currency translation
2017/12/31
-111,000.00
2017/03/31
233,000.00
2016/03/31
-851,000.00
2015/03/31
673,000.00
2014/03/31
308,000.00
Cash and cash equivalents at beginning of period
2017/12/31
543,914,000.00
2017/03/31
246,284,000.00
2016/03/31
66,425,000.00
2015/03/31
112,913,000.00
2014/03/31
53,079,000.00
Cash and cash equivalents at end of period
2017/12/31
471,837,000.00
2017/03/31
543,914,000.00
2016/03/31
246,284,000.00
2015/03/31
66,425,000.00
2014/03/31
112,913,000.00
The Subject is a LARGE limited Liability Company which was started in 1998 by Indian and Saudi investor with their Local Sponsor. It is a manufacturer, exporter, commission agent, supplier, distributor, and wholesaler of foodstuff including dairy products, juices, ice cream as well as whole milk, flavored milk, butter milk, and yogurt. It generated a consolidated Annual Turnover of SAR 1.8 billion (USD 495.2 million) with a Net Profit of SAR 301.7 million (USD 80.4 million) for the year ending 31/03/2017 and a consolidated Total Turnover of SAR 1.3 billion (USD 350.3 million) with a Net Profit of SAR 210.2 million (USD 56 million) for the nine months period ending on 31/12/2017.
The United Arab Emirates, UAE, is a federation of seven emirates (equivalent to principalities), each governed by a hereditary prince (emir) and all choose one from among them to be the president of the federation. The constituent emirates are Abu Dhabi (capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. The country includes around 35 free zones that are part of the country’s territories but considered to be outside the customs territory and subject to customs control other than normal customs procedures.

Barriers to trade are quite low, and regulations support open-market policies. With a favorable business climate and political stability, the UAE has created a dynamic entrepreneurial environment for international investors. The financial sector’s overall soundness has improved substantially since the Dubai debt crisis of 2009. .

The UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer has declared that a new VAT law is applicable starting 1 January 2018 at the rate of 5% with some exceptions including basic food, healthcare and educational sectors.

UAE has the second-largest economy in the Arab world (after Saudi Arabia), with a real gross domestic product (GDP) of 3% in 2016 following a growth of 3.8% in 2015 and 3.3% in 2014 with a total population of more than 9.4 million.

The real non-oil GDP increased by 2.7% in 2016 compared to 3.2% in 2015. This slowdown is due to negative spillovers of the adverse oil-price shock. The cut in capital spending, subsidies and transfers to Government related entities (GREs) by the Government dampened domestic aggregate demand. However, thanks to the diversification of the economy in the UAE, this adverse impact is partially overcome by a growing non-oil sector.

Following a temporary bounce back in the primary quarter of 2017, the inflation rate dropped to reach 0.8% in the third quarter of 2017 compared with 2% in the second quarter.

After rising to 2% in the second quarter of 2017, the consumer Price Index (CPI) decreased to 0.5% in the third quarter of 2017, which is the lowest monthly reading since January 2013 (0.4%).

Oil prices proceeded with their recovery for fourth quarter in response with the OPEC agreement started in January 2017 in which it stipulates an oil production cut between its members. This oil prices improvement has boosted the economic confidence in which the non-oil Economic Composite Index was stated as a growth of 3.1% for the third quarter of 2017 compared with a 3% growth during the previous quarter.

Total expenditures have increased around 19.3% for the year 2016 compared with a decrease of 10.7% for 2015. The total expenditure increased by 9.3% in the second quarter of 2017, compared with an increase of 9.5% for the second quarter of 2016.

Total revenues increased by 42.1% years on year during 2016, Social contributions have increased also by 17.2% in 2016 and the total revenues increased by 8.7%, whereas the social contributions fell by more than 27.3% in the second quarter of 2017.

ALTHOUGH THE INFORMATION IN THIS REPORT HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE, NO LEGAL RESPONSIBILITY CAN BE ACCEPTED AND CEDAR ROSE INT. SERVICES LTD ITS EMPLOYEES AND AGENTS CANNOT BE HELD LIABLE FOR ANY INACCURACY OR OPINION CONTAINED IN THIS REPORT. RECIPIENTS SHOULD NOT RELY SOLELY ON THIS REPORT WHEN TAKING CREDIT, FINANCIAL AND OR LEGAL DECISIONS REGARDING THE SUBJECT. THE ORDER OF THIS REPORT CONSTITUTES AGREEMENT TO CEDAR ROSES TERMS AND CONDITIONS, A COPY OF WHICH IS AVAILABLE ON REQUEST OR FROM http://www.cedar-rose.com/terms.php
Company Size
Size
Small
Sales Turnover
Up to USD 3 million
Employees
Up to 50
Credit Opinion
Up to USD 75,000
Size
MEDIUM
Sales Turnover
Up to USD 8 million
Employees
Up to 200
Credit Opinion
Up to USD 300,000
Size
LARGE
Sales Turnover
Over USD 8 million
Employees
Over 200
Credit Opinion
Over USD 300,000
Business Trend
  • GROWING
  • STEADY
  • DECLINING
Payments
  • PROMPT
  • NO COMPLAINTS
  • COMPLAINTS REPORTED
CEDAR ROSE Credit Rating
  • "A" Low risk
  • "B" Medium risk
  • "C" High risk
  • "D" No credit recommended
Final Score : 0 - 26
Business Size
Small
Risk Rating
High Risk
Risk Rating Assessment
The business is more likely to be a SMALL entity with High Risk
Business Size
Medium
Risk Rating
Very High Risk
Risk Rating Assessment
The business could be a MEDIUM-sized or LARGE business with a score less than 26 which makes its Risk Rating: Very High
Final Score : 26.01 - 45
Business Size
Small
Risk Rating
Medium Risk
Risk Rating Assessment
The business is more likely to be a SMALL entity with Medium Risk
Business Size
Medium
Risk Rating
High Risk
Risk Rating Assessment
The business could be a MEDIUM-sized business with a score between 26-45 which makes its Risk Rating: High
Business Size
Large
Risk Rating
Very High Risk
Risk Rating Assessment
The business could be a LARGE business with a score between 26-45 which makes its Risk Rating: Very High
Final Score : 45.01 - 58
Business Size
Medium
Risk Rating
Medium Risk
Risk Rating Assessment
The business is more likely to be a MEDIUM-sized entity with Medium Risk
Business Size
Large
Risk Rating
High Risk
Risk Rating Assessment
The business could be a LARGE business with a score between 45-58 which makes its Risk Rating: High
Final Score : 58.01 - 75
Business Size
Large
Risk Rating
Medium Risk
Risk Rating Assessment
The business is more likely to be a LARGE entity with Medium Risk
Final Score : 75.01 - 100
Business Size
Large
Risk Rating
Low Risk
Risk Rating Assessment
The business is more likely to be a LARGE entity with Low Risk