MIRA
INFORM REPORT
|
Report Date : |
9th
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
GRUPO HOYOS PARRAGA SOCIEDAD DE
RESPONSABILIDAD LIMITADA. |
|
|
|
|
Registered Office : |
Avenida
Pio Xii, 47, 46015
Valencia (Valencia) |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2004 |
|
|
|
|
Date of Incorporation : |
09.07.2003 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of textile, clothing, footwear , etc |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory
|
|
|
|
|
Payment Behaviour : |
Usually
Correct |
|
|
|
|
Litigation : |
Clear |
Company Name
GRUPO HOYOS PARRAGA SOCIEDAD DE
RESPONSABILIDAD LIMITADA.
TAX NUMBER
B97360754
Identification and
Characteristics
Tax
Number B97360754
NAME GRUPO
HOYOS PARRAGA SOCIEDAD DE RESPONSABILIDAD LIMITADA.
BUSINESS
ADDRESS AVENIDA PIO
XII, 47
Postcode 46015
VALENCIA (VALENCIA)
URL http://www.grupohoyos.com
TELEPHONE 963408585
FAX 963474596
LEGAL
FORM LIMITED
LIABILITY COMPANY
DATE
FOUNDED 09/07/2003
CAPITAL 14.988.000,00 Euros
NUMBER
OF EMPLOYEES 2
BANKS BANESTO.VALENCIA;
BSCH.VALENCIA; B DE
VALENCIA.VALENCIA;
ACTIVITY 1613100 - Wholesale
of textile, clothing, footwear , etc.
CNAE 5142 - Wholesale
of clothing and footwear
EXPORT
COMPANY YES
IMPORT
COMPANY YES
Synthesis
FINANCIAL
SITUATION (Year ending: 31/12/2004)
PROFITABILITY 
6/9 Average
TREASURY 
1/9 Degraded
BALANCE
SHEET 
5/9 Weak
DEBT 
9/9 Nil
INCIDENTS
COMMITMENTS 9/9 Respected
INCIDENTS 9/9 None
or Negligible
PREVIOUS
EXPERIENCE
PREVIOUS
EXPERIENCE 9/9 Very
favourable
Credit Appraisal
CREDIT ACCORDING
TO OBJECTIVE DATA (From 0 to 500.000,00 Euros):
FAVOURABLE
TOWARDS 169.497,43 Max.
SOLVENCY
RATING:
12/20 (BASED
ON HOMOGENEOUS FORMULATION)
Financial Elements
Figures given in
Euros
|
|
Balance sheet 2.003 (6) |
Balance sheet 2.004 (12) |
|
SALES |
|
662.989,22 |
|
ADDED VALUE |
-1.837,64 |
459.838,00 |
|
BUSINESS RESULT |
-53.934,28 |
47.031,50 |
|
OWN FUNDS |
14.934.065,72 |
14.981.097,22 |
|
DEBT |
54.971,14 |
541.160,19 |
|
TOTAL ASSET |
14.989.036,86 |
15.522.257,41 |
THE
FIGURES FOR THE LAST BALANCE SHEET ARE RELEVANT:
SOURCE: FROM
THE MERCANTILE REGISTER
DATE: 16/03/2006
Comparative Sector Analysis
|
|
Company |
Sector |
Difference |
|
|
(2.004) |
|
|
|
% of PRODUCTION VALUE |
|
|
|
|
SALES |
100,00 |
99,00 |
1,00 |
|
ADDED VALUE |
69,36 |
19,09 |
50,27 |
|
BUSINESS
RESULT |
7,09 |
2,31 |
4,78 |
|
% OF TOTAL ASSETS |
|
|
|
|
OWN FUNDS |
96,51 |
34,76 |
61,75 |
|
DEBT |
3,49 |
65,24 |
-61,75 |
Compared sector (CNAE): 514 -
Comercio al por mayor de productos de consumo, distinto de los alimenticios
Number of companies: 3.218
Size (Sales Figure): 0 -
2.800.000,00 Euros
The turnover of the company is 1,00% above the mean for the
sector.
The company’s added value was 69,36% s/ the production value, and
50,27% above the mean for the sector.
The company’s business result was 7,09% of the PV, 4,78%
above the mean for the sector.
The company’s own resources are 96,51% , 61,75% above the
mean for the sector.
The company’s outside resources are 3,49% , 61,75% below the
mean for the sector.
Legal Actions
No legal incidences registered for this company in
the official source
No claims registered for this company in the
official sources
AFFECTED BY: No significant elemento
Main Board members, Directors and
Auditor
|
Position |
Surname and name |
Date of appointment |
|
ADMINISTRATOR |
HOYOS SERRANO MARIA |
20/06/2006 |
|
ADMINISTRATOR |
PARRAGA LOUSA CARLOS MIGUEL |
20/06/2006 |
Financial Links
|
Shareholders |
||||
|
Company Name |
|
|
Source |
Information Date |
|
HOYOS SERRANO MARIA |
|
100,00% |
OWN SOURCES |
15/03/2006 |
Proceedings published in the
B.O.R.M.E. (Official Mercantile Register Gazette)
|
Proceedings |
Date |
Notice Num. |
Mercantile Reg. |
|
Registration of accounts (2005) |
16/10/2006 |
754604 |
VALENCIA |
|
Appointments |
21/09/2006 |
460811 |
VALENCIA |
|
Resignations |
20/06/2006 |
321968 |
VALENCIA |
|
Resignations |
20/06/2006 |
321967 |
VALENCIA |
|
Appointments |
20/06/2006 |
321967 |
VALENCIA |
Press articles
07/12/2005 LAS
PROVINCIAS LEGAL ANNOUNCE
LOS
SOCIOS DE GRUPO HOYOS PARRAGA SL (SDAD. ABSORBENTE) Y DE COMERCIAL IN DUSTRIAL
HOYOS SA Y DISTIEL SA (SDADES. ABSORBIDAS) APROBARON EL 30/11/05 SU FUSION.
Complementary Information
Segun
BORME (SECCION SEGUNDA) del 07/12/05 la sociedad esta en pro-
ceso de
absorber a COMERCIAL INDUSTRIAL HOYOS SA NIF A46081808 y DIS-
TIEL SA
NIF A46251609.
08/11/06
BLOQUE DE INVESTIGACION:
- Actividad:
Comerciales textiles.
-
Domicilio Social: Avda. Pio XII, 47 (46015) VALENCIA.
- Cuenta
con un almacen en Pg Industrial El Oliveral Calle Y, S/n en
Ribarroja
(Valencia).
-
Exporta a Arabia Saudi.
-
Importa de China, Taiwan e India.
----------------------------------------------------------------------
El
bloque de Investigacion no esta sujeto a actualizaciones sistemati-
cas. Los
datos mostrados fueron aportados por las fuentes consultadasen la fecha del
encabezamiento.
Remarks for customer
Here is our provisional report, until we receive the last balance sheet
for this company for 2005. The address included in your enquiry belongs to a
factory.
Brands, Signs and Commercial
Names
|
Prevailing Brands |
|||||
|
Name: |
DEHOSA |
||||
|
Kind of Brand: |
JOINT |
File: |
M2566647 |
||
|
Request Date: |
12/11/2003 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 25 |
|
||||
|
Name: |
GHP |
||||
|
Kind of Brand: |
JOINT |
File: |
M2566648 |
||
|
Request Date: |
12/11/2003 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 25 |
|
||||
|
Name: |
GHP GRUPO HOYOS PARRAGA |
||||
|
Kind of Brand: |
JOINT |
File: |
M2566218 |
||
|
Request Date: |
10/11/2003 |
Bulletin Date: |
Bulletin Date: |
Current situation: |
APPROVED REGISTER |
|
Types: 25 |
|
||||
Total Marcas: 3
The
information on the last account contained in this report is extracted from the
Mercantile Register file of the legal address of the Company and
dated 16/03/2006
Balance Sheet (ASSETS)
|
(Figures given in Euros) |
31/12/2003 (6) |
31/12/2004 (12) |
|
|
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
|
B) FIXED ASSETS |
14.958.000,00 |
15.458.016,50 |
|
|
I. Establishment expenses |
|
|
|
|
II. Intangible assets |
|
|
|
|
III. Tangible assets |
|
|
|
|
IV. Financial assets |
14.958.000,00 |
15.457.875,04 |
|
|
V. Owners equity |
|
|
|
|
VI. Long term trade liabilities |
|
141,46 |
|
|
C) DEFERRED EXPENSES |
|
|
|
|
D) CURRENT ASSETS |
31.036,86 |
64.240,91 |
|
|
I. Not paid in shareholder capital |
|
|
|
|
II. Inventory |
|
|
|
|
III. Debtors |
31.036,86 |
59.896,03 |
|
|
IV. Short term financial assets |
|
|
|
|
V. Short term owners equity |
|
|
|
|
VI. Cash |
|
4.344,88 |
|
|
VII. Prepaid expenses and accrued income |
|
|
|
|
ASSETS (A + B + C + D) |
14.989.036,86 |
15.522.257,41 |
Balance Sheet (LIABILITIES)
|
(Figures given in Euros) |
31/12/2003 (6) |
31/12/2004 (12) |
|
|
|
A) SHAREHOLDERS EQUITY |
14.934.065,72 |
14.981.097,22 |
|
|
I. Capital |
14.988.000,00 |
14.988.000,00 |
|
|
II. Premium share account |
|
|
|
|
III. Revaluation reserve |
|
|
|
|
IV. Reserves |
|
|
|
|
V. Prior year earnings |
|
-53.934,28 |
|
|
VI. Prior year profit or losses |
-53.934,28 |
47.031,50 |
|
|
VII. Dividend paid during the year |
|
|
|
|
VIII. Own shares for change in capital |
|
|
|
|
B) DEFERRED INCOME |
|
|
|
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
D) LONG TERM LIABILITIES |
|
419.877,54 |
|
|
E) SHORT TERM LIABILITIES |
54.971,14 |
121.282,65 |
|
|
F) SHORT TERM PROVISIONS FOR LIABILITIES AND
EXPENSES |
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
14.989.036,86 |
15.522.257,41 |
Profit and Loss Account
|
(Figures given in Euros) |
31/12/2003 (6) |
31/12/2004 (12) |
|
|
|
A) EXPENSES (A.1 a A.15) |
|
|
|
|
A.1 Operating Expenses |
|
|
|
|
A.3. Labor cost |
81.138,17 |
467.307,06 |
|
|
Wages |
71.356,04 |
373.126,65 |
|
|
Social security expenses |
9.782,13 |
94.180,41 |
|
|
A.3. Assets depreciation |
|
|
|
|
A.4. Variance in provision for current assets |
|
|
|
|
A.5. Other operating costs |
1.837,64 |
203.151,22 |
|
|
A.I. OPERATING RESULT (B.1-A.1-A.2-A.3-A.4-A.5) |
|
|
|
|
A.6. Financial expenses |
|
174,78 |
|
|
Other companies debts |
|
174,78 |
|
|
A.7. Variation in financial investments provision |
|
|
|
|
A.8. Exchange losses |
|
|
|
|
A.II. POSITIVE FINANCIAL RESULTS
(B.2+B.3-A.6-A.7-A.8) |
|
79.825,22 |
|
|
A.III. PROFIT FROM ORDINARY ACTIVITIES
(A.I+A.II-B.I-B.II) |
|
72.356,16 |
|
|
A.9. Variation in provision in fixed assets |
|
|
|
|
A.10. Losses in fixed assets |
|
|
|
|
A.11. Losses from shares and bonds |
|
|
|
|
A.12. Extraordinary charges |
|
|
|
|
A.13. Prior year’s expenses and losses |
|
|
|
|
A.IV. POSITIVE EXTRAORDINARY RESULT
(B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13) |
|
|
|
|
A.V. EARNINGS / LOSS BEFORE TAXES
(A.III+A.IV-B.III-B.IV) |
|
72.356,16 |
|
|
A.14. Corporate Taxes |
-29.041,53 |
25.324,66 |
|
|
A.15. Other taxes |
|
|
|
|
A.VI. YEAR END RESULT (PROFIT) (A.V-A.14-A.15) |
|
47.031,50 |
|
|
B) INCOMES (B.1 a B.8) |
|
|
|
|
B.1. Operating income |
|
662.989,22 |
|
|
Turnover |
|
662.989,22 |
|
|
B.I. OPERATING LOSSES (A.1+A.2+A.3+A.4+A.5-B.1) |
82.975,81 |
7.469,06 |
|
|
B.2. Financial Income |
|
80.000,00 |
|
|
In affiliated companies |
|
80.000,00 |
|
|
B.3. Gains on exchange |
|
|
|
|
B.II. FINANCIAL LOSSES (A.6+A.7+A.8-B.2-B.3) |
|
|
|
|
B.III. LOSSES FROM ORDINARY ACTIVITIES
(B.I+B.II-A.I-A.II) |
82.975,81 |
|
|
|
B.4. Gains from disposal of fixed assets |
|
|
|
|
B.5. Gains from dealing in own shares |
|
|
|
|
B.6. Paid in surplus |
|
|
|
|
B.7. Extraordinary income |
|
|
|
|
B.8. Prior year’s income and profits |
|
|
|
|
B.IV. EXTRAORDINARY LOSSES
(A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8) |
|
|
|
|
B.V. LOSS BEFORE TAXES (B.III+B.IV-A.III-A.IV) |
82.975,81 |
|
|
|
B.VI. NET LOSS (B.V+A.14+A.15) |
53.934,28 |
|
Main Ratios
|
(Figures given in Euros) |
2.003 (6) |
2.004 (12) |
|
|
|
ACTIVITY |
|
|
|
|
Increase of the Sales Figures |
|
|
|
|
Assets Turnover |
|
0,04 |
|
|
Productivity |
-0,02 |
0,98 |
|
|
Increase of the Added Value |
|
|
|
|
PROFITABILITY |
|
|
|
|
Economic Profitability |
-0,36 |
0,30 |
|
|
Financial Profitability |
-0,36 |
0,31 |
|
|
Financial Expenses |
|
0,03 |
|
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
Customers’ Credit (In days of sales) |
|
33,00 |
|
|
Suppliers’ Credit (In days of sales) |
|
|
|
|
Working Capital (In days of sales) |
|
0,00 |
|
|
Working Capital Requirement (In days of sales) |
|
0,00 |
|
|
Treasury (In days of sales) |
|
2,00 |
|
|
BALANCE |
|
|
|
|
Working Capital |
-23.934,28 |
-57.041,74 |
|
|
Working Capital Requirement |
-23.934,28 |
-61.386,62 |
|
|
Treasury |
|
4.344,88 |
|
|
Balance Ratio |
1,00 |
1,00 |
|
|
SOLVENCY |
|
|
|
|
Borrowing Ratio |
0,37 |
3,49 |
|
|
Own / Permanent Funds |
100,00 |
97,27 |
|
|
Payback Capacity |
|
0,82 |
|
|
LIQUIDITY |
|
|
|
|
General Liquidity |
0,56 |
0,53 |
|
|
Immediate Liquidity |
|
0,04 |
Sectorial Analysis
Summary
of Assets, Liability & Equity
|
(Figures given in Percentages) |
Company |
Sector |
Company |
|
|
2.004 |
|
|
|
Assets |
|||
|
DUE FROM SHAREHOLDERS FOR
UNCALLED CAPITAL |
0,00 |
0,08 |
-0,08 |
|
FIXED ASSETS |
99,59 |
25,16 |
74,43 |
|
ACCRUED EXPENSES |
0,00 |
0,37 |
-0,37 |
|
CURRENT ASSETS |
0,41 |
74,38 |
-73,97 |
|
TOTAL ASSETS |
100,00 |
100,00 |
0,00 |
|
Liabilities |
|||
|
SHAREHOLDERS EQUITY |
96,51 |
34,76 |
61,75 |
|
ACCRUED INCOME |
0,00 |
0,09 |
-0,09 |
|
RISK AND EXPENDITURE COVER |
0,00 |
0,05 |
-0,05 |
|
LONG-TERM CREDITORS |
2,71 |
11,60 |
-8,89 |
|
SHORT-TERM CREDITORS |
0,78 |
53,48 |
-52,70 |
|
SHORT-TERM RISK AND EXPENDITURE
COVER |
0,00 |
0,02 |
-0,02 |
|
TOTAL LIABILITIES |
100,00 |
100,00 |
0,00 |
Analytical Account of Results
|
(Figures given in Percentages) |
Company |
Sector |
Company |
|
|
2.004 |
|
|
|
Net turnover |
100,00 |
99,00 |
1,00 |
|
Other operating income |
0,00 |
1,00 |
-1,00 |
|
Production Value |
100,00 |
100,00 |
0,00 |
|
Operating expenses |
0,00 |
69,22 |
-69,22 |
|
Other operation expenses |
30,64 |
11,69 |
18,96 |
|
Added value |
69,36 |
19,09 |
50,27 |
|
Labor cost |
70,48 |
13,51 |
56,97 |
|
Gross Economic Result |
-1,13 |
5,58 |
-6,71 |
|
Assets depreciation |
0,00 |
1,36 |
-1,36 |
|
Variation in provision for
current assets |
0,00 |
0,20 |
-0,20 |
|
Net Economic Result |
-1,13 |
4,02 |
-5,15 |
|
Financial income |
12,07 |
0,35 |
11,72 |
|
Financial expenses |
0,03 |
1,34 |
-1,32 |
|
Variation in financial
investment provision |
0,00 |
-0,00 |
0,00 |
|
Ordinary Activities Result |
10,91 |
3,03 |
7,89 |
|
Extraordinary income |
0,00 |
0,38 |
-0,38 |
|
Extraordinary expenses |
0,00 |
0,17 |
-0,17 |
|
Variation in provision in fixed
assets |
0,00 |
0,01 |
-0,01 |
|
Results before Taxes |
10,91 |
3,23 |
7,68 |
|
Corporaye taxes |
3,82 |
0,93 |
2,89 |
|
Net Result |
7,09 |
2,31 |
4,79 |
|
Assets depreciation |
0,00 |
1,36 |
-1,36 |
|
Provisions fund variation |
0,00 |
0,20 |
-0,20 |
|
Net Self-Financing |
7,09 |
3,87 |
3,22 |
Ratios
|
(Figures given in ) |
Company |
Ptile25 |
Medium |
Ptile75 |
|
|
2.004 |
|
|
|
|
ACTIVITY |
|
|
|
|
|
Increase of the Sales Figures |
|
-8,49 |
2,55 |
13,08 |
|
Assets Turnover |
0,04 |
1,12 |
1,65 |
2,29 |
|
Fixed Assets Turnover |
0,04 |
4,25 |
10,94 |
28,11 |
|
Increase of the Added Value |
|
-7,36 |
3,23 |
15,72 |
|
PRODUCTIVITY |
|
|
|
|
|
Productivity |
0,98 |
1,18 |
1,35 |
1,65 |
|
Change of Personnel Costs |
|
-0,57 |
6,83 |
18,18 |
|
Average Personnel Costs |
35.946,70 |
14.323,15 |
18.665,09 |
25.219,39 |
|
Value Added by Employees |
35.372,15 |
19.433,43 |
26.374,99 |
38.146,13 |
|
CASH FLOW |
|
|
|
|
|
Cash Flow |
47.031,50 |
8.764,47 |
21.001,25 |
45.409,88 |
|
Operating Cash Flow |
-7.469,06 |
12.717,75 |
31.620,79 |
67.999,05 |
|
Change in Cash Flow |
|
-29,49 |
-3,93 |
20,22 |
|
PROFITABILITY |
|
|
|
|
|
Economic Profitability |
0,30 |
0,91 |
2,34 |
5,18 |
|
Financial Profitability |
0,31 |
3,93 |
9,69 |
18,58 |
|
Financial Expenses |
0,03 |
0,23 |
0,83 |
1,81 |
|
Gross Economic Profitability |
-0,05 |
4,38 |
7,67 |
12,21 |
|
Gross Financial Profitability |
-0,05 |
14,72 |
29,75 |
54,16 |
|
BALANCE (IN DAYS OF SALES) |
|
|
|
|
|
Customers’ Credit (In days of
sales) |
32,00 |
27,84 |
63,65 |
103,75 |
|
Suppliers’ Credit (In days of
sales) |
|
0,00 |
0,00 |
0,00 |
|
Working Capital (In days of
sales) |
0,00 |
10,14 |
36,71 |
82,43 |
|
Working Capital Requirement (In
days of sales) |
0,00 |
-15,94 |
12,26 |
50,95 |
|
Treasury (In days of sales) |
2,00 |
5,75 |
18,81 |
44,71 |
|
Operating Current Assets |
34,00 |
117,80 |
166,02 |
238,23 |
|
BALANCE |
|
|
|
|
|
Working Capital |
-57.041,74 |
12.780,83 |
63.242,83 |
177.900,13 |
|
Working Capital Requirement |
-61.386,62 |
-21.335,11 |
18.611,73 |
102.587,82 |
|
Treasury |
4.344,88 |
7.968,92 |
31.140,08 |
88.477,27 |
|
Balance Ratio |
1,00 |
1,23 |
2,20 |
5,17 |
|
SOLVENCY |
|
|
|
|
|
Borrowing Ratio |
3,49 |
52,37 |
72,58 |
85,37 |
|
Own / Permanent Funds |
97,27 |
58,54 |
91,21 |
100,00 |
|
Payback Capacity |
0,82 |
0,25 |
0,39 |
0,60 |
|
Long term Indebtedness |
2,70 |
0,00 |
2,81 |
16,25 |
|
Gearing |
103,61 |
209,95 |
364,68 |
683,32 |
|
Financing Basic Ratio |
1,00 |
1,00 |
1,00 |
1,00 |
|
Assets Guarantee |
28,68 |
1,14 |
1,34 |
1,87 |
|
LIQUIDITY |
|
|
|
|
|
General Liquidity |
0,53 |
1,07 |
1,30 |
1,85 |
|
Immediate Liquidity |
0,04 |
0,04 |
0,16 |
0,44 |
The
date when this report was last updated is 08/11/2006.
This
company was last displayed on 03/11/2006,it has been
viewed 22 times in the last quarter and 169 times in
total .
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|