MIRA
INFORM REPORT
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Report Date : |
21st
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
BADOTHERM
PROCESS INSTRUMENTATIE BV |
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Registered Office : |
Kelvinstraat
13, 3316 GM Dordrecht |
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Country : |
Netherlands |
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Financials (as on) : |
31/12/2004 |
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Date of Incorporation : |
20/04/1983 |
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Legal Form : |
BV
Private Company Ltd. acc. nat. law |
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Line of Business : |
Manufacturers
of and wholesalers trade in process instrumentation |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Moderate
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Payment Behaviour : |
Delayed
Over 20 days |
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Litigation : |
-- |
NAME
Badotherm Process Instrumentatie BV
Legal status
BV
Private Company Ltd. acc. nat. law
Founded
20/04/1983
as Ltd.
Trade register
23048797
Capital
Nominal EUR 45.000,--
Issued and paid up EUR 15.750,--
Management
P.B.L. Bastiaan, born 27/08/1952, Kerkdijk 61, HOOGE ZWALUWE
Activity
Manufacture of and wholesale trade in process instrumentation.
Trade name
-Microwell
-Badotherm Holland
-Badotherm UK
Staff
38 employees
Real estate
The business premises at the mentioned address has been rented by the
company, as far as we know.
Finances
See balance sheet
Remarks
Subsidiary company of
-Inprodo BV,
Kelvinstraat 13, 3316 GM DORDRECHT
The shareholders equity was as of:
31/12/2004 Euro (164.505)
31/12/2003 Euro 18.151
31/12/2002 Euro 18.151
The working capital was as of:
31/12/2004
Euro 397.647
31/12/2003 Euro 215.370
31/12/2002 Euro 531.618
The company has been certified according to
the norm ISO 9002.
Website: www.badotherm.com
Export: worldwide.
Correspondence address
Postbus 485
3300 AL Dordrecht
Banks
Rabobank, Dordrecht, 39.53.19.358
VAT-nr.
NL006376289B01
Mode of payment
On average 20 days beyond terms.
Credit demand
No direct objections against entering into a
business relationship.
With regard to the financial situation, we
advise you to deal on cash-payment terms only.
The following financial data is
retrieved from the corporate balance sheet of :
Badotherm Proces Instrumentatie
B.V. *** BALANCE SHEET ***
Badotherm Proces Instrumentatie B.V.
Kelvinstraat 13, 3316 GM DORDRECHT
Trade register 23048797
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Corporate in Euro(x
1) Euro(x 1)
---31-12-2003--- ------31-12-2004---
Intangible assets 0 0
Tangible assets 0 0
Financial assets 68.032 35.032
Miscellaneous fixed assets 0 0
Total fixed assets 68.032 35.032
Stock 859.579 605.960
Receivables 1.157.270 1.358.185
Shares 0 0
Liquid assets 81.047 85.087
Miscellaneous current assets 0 0
Total current assets 2.097.896 2.049.232
Shareholders equity 18.151 -164.505
Provisions 10.000 10.000
Long-term liabilities 255.251 587.184
Current liabilities 1.882.526 1.651.585
Minority interests 0 0
Miscellaneous liabilities 0 0
Total liabilities 2.165.928 2.084.264
Badotherm Proces Instrumentatie
B.V. *** FINANCIAL RATIOS ***
-----2003----- -----2004-----
EQUITY %
Equity gearing 0,8 -7,9
Equity/outside capital 0,8 -7,3
LIQUIDITY
Current ratio 1,1 1,2
Acid test 0,7 0,9
RATES OF RETURN %
Total assets 0 0
Shareholders equity 0 0
Pre tax margin % 0 0
Turnover rate 0 0
(x
1) (x 1)
-------------------- --------------------
Working capital 215.370 397.647
Shareholders equity + Equalization acc. 18.151 -164.505
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RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |