MIRA INFORM REPORT

 

 

Report Date :

05.12.2007

 

IDENTIFICATION DETAILS

 

Name :

Hollandsche Export Maatschappij B.V.

 

 

Registered Office :

Akervoorderlaan 13, 2161 DP  Lisse

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

21/10/1898

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Export of and wholesale in iron mongery, textile goods, food stuffs, greases, oils, stimulants, ceramic goods fish and fish products, chemical products 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 :

No Complaints

 

 

Litigation :

Clear


name

 

Hollandsche Export Maatschappij B.V.

Akervoorderlaan 13

2161 DP  LISSE

Tel.:+31 (0)252-230014

Fax.:+31 (0)252-232996

 

 

Legal status  

 

BV Private Company Ltd. acc. nat. law

 

 

Founded

 

21/10/1898, Ltd. since 30/12/1991

 

 

Trade register   

 

28056802

 

 

Capital

 

Nominal                        EUR     90.756,--

issued and paid up         EUR     18.151,--

 

 

Management

 

W. Spangenthal, born 14/07/1933, Teilingen 41, 1082 JP AMSTERDAM

 

 

Activity

 

Export of and wholesale in iron mongery, textile goods, food stuffs, greases, oils, stimulants, ceramic goods fish and fish products, chemical products etc.

                                          

 

Staff

 

4 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

See remarks.

 

                                          

Remarks

 

Subsidiary company of

-H.E.M. Holding BV,

Akervoorderlaan 13, 2161 DP  LISSE

 

Ultimate parent company

-H.E.M. Beheer BV,

Akervoorderlaan 13, 2161 DP LISSE.

 

The shareholders  equity was as of:

31/12/2005     Euro        269.194

 

The working capital was as of:

31/12/2005     Euro        291.649

 

A declaration of liability has been filed by H.E.M. Holding BV H.E.M. Holding BV did not file a consolidated balance sheet.

 

If needed, we can send you this balance sheet without cost.

 

Subject matter has filed a balance sheet on its on in over 2005.

 

According to the balance sheet of 2005, H.E.M. Holding BV is the sole shareholder of subject matter; this is not registered at the Chamber of Commerce.

 

mport (20%): worldwide

Export (100%): Surinam and Dutch Antilles.

Website: www.hembv.com

Correspondence address:

PO box 108

2160 AC Lisse.

 

 

Banks    

 

ABN-AMRO NV,  54.02.60.649

 

 

VAT-nr.  

 

NL800829670B01

 

 

Mode of payment

 

No complaints have been registered

 

 

Credit demand

 

No objections against entering into a business relationship.

                                          

 


 

The following financial data is retrieved from the corporate balance sheet of :

 

Hollandsche Export Maatschappij B.V.

Akervoorderlaan 13, 2161 DP  LISSE

Trade register                    28056802

----------------------------------------------------------------------------

Hollandsche Export Maatschappij B.V. ***   BALANCE SHEET   ***

Corporate in                              Euro(x 1)

                              --------   ------31-12-2005---

 

Intangible assets                0                0

Tangible assets                  0               17.368

Financial assets                 0                0

Miscellaneous fixed assets       0                0

 Total fixed assets                0               17.368

 

Stock                            0                0

Receivables                      0                1.861.748

Shares                           0                0

Liquid assets                    0              656.741

Miscellaneous current assets     0                0

 Total current assets              0                2.518.489

 

Shareholders  equity             0              269.194

Provisions                       0               39.823

Long-term liabilities            0                0

Current liabilities              0                2.226.840

Minority interests               0                0

Miscellaneous liabilities        0                0

 Total liabilities                 0                2.535.857


 

----------------------------------------------------------------------------

Hollandsche Export Maatschappij B.V.            ***   FINANCIAL RATIOS   ***

                             ----------     -----2005-----

 

EQUITY         %

Equity gearing                   0             10,6

Equity/outside capital           0             11,9

 

LIQUIDITY

Current ratio                    0              1,1

Acid test                        0              1,1

 

RATES OF RETURN %

Total assets                     0                0

Shareholders  equity             0                0

 

Pre tax margin  %                0                0

Turnover rate                    0                0

                                              (x 1)

                     ------------------- - --------------------

Working capital                  0              291.649

Shareholders  equity + Equalization acc.         0   269.194

----------------------------------------------------------------------------

 


 

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.

 

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

 

 

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 and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions