MIRA
INFORM REPORT
|
Report Date : |
16th
February, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
LIZA
DIMON |
|
|
|
|
Registered Office : |
Hoveniersstraat
30 B.173, 2018 Antwerpen Be |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31/12/2004 |
|
|
|
|
Date of Incorporation : |
24.12.1991 |
|
|
|
|
Com. Reg. No.: |
287238,
Antwerpen, |
|
|
|
|
Legal Form : |
Private
company with limited liability |
|
|
|
|
Line of Business : |
Wholesalers
of miscellaneous intermediate products |
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 |
|
Maximum Credit Limit: |
248000
EUR |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular
|
|
|
|
|
Litigation : |
Clear |
Company Name & Address
LIZA DIMON
HOVENIERSSTRAAT 30 B.173
2018 ANTWERPEN BE
Tel. Number +32-3-2334163
Fax number +32-3-2336754
Business founded
24 December 1991
Business registered
08 January 1992 - Private company
with limited liability
Business last updated
31 December 2004
Registration number
287238, ANTWERPEN
Value Added Tax number
BE446025497
Judicial form
Private company with limited
liability
Activities
Wholesale of miscellaneous
intermediate products
Payment experience
no complaints have been
registered
Credit opinion
Credit opinion
Maximum credit limit :248000 EUR is advised
Cash situation (balance sheet
analysis) : Normal
Profitability (balance sheet analysis) : Low
Commitments (regarding contractual
obligations) : Currently fulfilled
Payment defaults
: None
Employees (Business)
1
Total share capital
31 December 2004 EUR 19000,00
Branch office(s)
HOVENIERSSTRAAT 30,2018
ANTWERPEN
Bank
BANQUE DIAMANTAIRE
ANVERSOISE
Boardmembers
SHAH SARJU KUMAR CHHOTALAL
Manager
SHAH SHEKHAR JAYANTILAL
Manager
Management
LUYTEN-MEYNENDONCKX &
PARTNERS BEDRIJFREVISOREN/REVISEURS D'ENTREPRISE Auditors´
president
MEYNENDONCKX BART FILIP GERARD
Representative and auditor
|
The business owns or partly owns one or
more pieces of land and buildings? Yes(Property) |
|
|
|
|
|
PER, period regarding TUn, TRn, TXn, CPI
or CPN: 00 0000 - 31 December 2004 in EUR 66.219.000,00 |
|
|
Not consolidated profit and loss
turnover of the business: |
|
|
|
|
|
PER, period that the financial account
covers for not consolidated balance sheet.: 00 0000 - 31 December 2004 in
EUR |
|
|
Total
assets incl. prepaid expenses and accrued income |
27.921.000,- |
|
Total
fixed assets |
244.000,- |
|
Total
tangible fixed assets |
243.000,- |
|
Land
and buildings |
195.000,- |
|
Total
financial fixed assets |
1.000,- |
|
Investments
(long-term) |
1.000,- |
|
Total
Current assets |
27.677.000,- |
|
Inventories
and work in progress (incl. prepayments) |
5.577.000,- |
|
Accounts
receivable (trade) |
21.860.000,- |
|
Cash
in hand and at bank |
239.000,- |
|
Total
accrued income and prepaid expenses |
1.000,- |
|
Total
equity, provisions, liabilities, accrued expenses and deferred income |
27.921.000,- |
|
Total
equity (Shareholders' funds) |
318.000,- |
|
Issued
(subscribed) capital |
19.000,- |
|
Profit
reserves |
50.000,- |
|
Legal
reserves |
2.000,- |
|
Profit
or loss carried forward |
247.000,- |
|
Total
liabilities |
27.603.000,- |
|
Total
long-term liabilities |
3.201.000,- |
|
Long-term
liabilities to credit institutions |
123.000,- |
|
Total
current liabilities |
24.322.000,- |
|
Current
accounts payable (trade) |
15.012.000,- |
|
Current
liabilities to credit institutions |
9.056.000,- |
|
Income
and social tax liabilities |
4.000,- |
|
Total
accrued expenses and deferred income |
80.000,- |
|
|
|
|
PER, period that the financial account
covers for not consolidated profit and loss account.: 00 0000 - 31 December 2004 in
EUR |
|
|
Total
operating income/revenue |
66.219.000,- |
|
Main
revenue (sales/turnover) |
66.219.000,- |
|
Total
operating expenses |
-65.600.000,- |
|
Cost
of materials (type of expenditure format) |
65.277.000,- |
|
Cost
of goods sold (operational format) |
65.600.000,- |
|
Gross
profit or loss after cost of materials or after cost of goods sold |
619.000,- |
|
Personnel
costs |
25.000,- |
|
Depreciation |
19.000,- |
|
Operating
profit or loss |
619.000,- |
|
Financial
expenses |
-527.000,- |
|
Result
of ordinary operations |
92.000,- |
|
Extraordinary
result |
92.000,- |
|
Taxes |
-29.000,- |
|
Net
profit or loss |
63.000,- |
|
Borrowing
ratio |
8680,19 % |
|
Current
ratio |
113,42 % |
|
Debt
gearing |
1006,60 % |
|
Profit
margin. |
0,96 % |
|
Quick
ratio |
90,86 % |
|
Return
on assets |
2,29 % |
|
Return
on equity. |
19,81 % |
|
Solidity
or equity ratio |
1,13 % |
|
|
|
|
PER, period regarding TUn, TRn, TXn, CPI
or CPN: 00 0000 - 31 December 2003 in EUR 56.200.000,00 |
|
|
Not consolidated profit and loss
turnover of the business: |
|
|
|
|
|
PER, period that the financial account
covers for not consolidated balance sheet.: 00 0000 - 31 December 2003 in
EUR |
|
|
Total
assets incl. prepaid expenses and accrued income |
22.323.000,- |
|
Total
fixed assets |
256.000,- |
|
Total
tangible fixed assets |
255.000,- |
|
Land
and buildings |
200.000,- |
|
Plant,
machinery and equipment |
1.000,- |
|
Total
financial fixed assets |
1.000,- |
|
Investments
(long-term) |
1.000,- |
|
Total
Current assets |
22.067.000,- |
|
Inventories
and work in progress (incl. prepayments) |
1.580.000,- |
|
Accounts
receivable (trade) |
20.426.000,- |
|
Cash
in hand and at bank |
60.000,- |
|
Total
accrued income and prepaid expenses |
1.000,- |
|
Total
equity, provisions, liabilities, accrued expenses and deferred income |
22.323.000,- |
|
Total
equity (Shareholders' funds) |
255.000,- |
|
Issued
(subscribed) capital |
19.000,- |
|
Legal
reserves |
2.000,- |
|
Profit
or loss carried forward |
234.000,- |
|
Total
liabilities |
22.068.000,- |
|
Total
long-term liabilities |
1.690.000,- |
|
Long-term
liabilities to credit institutions |
156.000,- |
|
Total
current liabilities |
20.311.000,- |
|
Current
accounts payable (trade) |
11.064.000,- |
|
Current
liabilities to credit institutions |
9.194.000,- |
|
Income
and social tax liabilities |
18.000,- |
|
Total
accrued expenses and deferred income |
67.000,- |
|
|
|
|
PER, period that the financial account
covers for not consolidated profit and loss account.: 00 0000 - 31 December 2003 in
EUR |
|
|
Total
operating income/revenue |
56.200.000,- |
|
Main
revenue (sales/turnover) |
56.200.000,- |
|
Total
operating expenses |
-55.619.000,- |
|
Cost
of materials (type of expenditure format) |
55.351.000,- |
|
Cost
of goods sold (operational format) |
55.619.000,- |
|
Gross
profit or loss after cost of materials or after cost of goods sold |
581.000,- |
|
Personnel
costs |
24.000,- |
|
Depreciation |
18.000,- |
|
Operating
profit or loss |
581.000,- |
|
Financial
expenses |
-492.000,- |
|
Result
of ordinary operations |
89.000,- |
|
Extraordinary
result |
89.000,- |
|
Taxes |
-27.000,- |
|
Net
profit or loss |
62.000,- |
|
Borrowing
ratio |
8654,12 % |
|
Current
ratio |
108,28 % |
|
Debt
gearing |
662,75 % |
|
Profit
margin. |
1,06 % |
|
Quick
ratio |
100,86 % |
|
Return
on assets |
2,68 % |
|
Return
on equity. |
24,31 % |
|
Solidity
or equity ratio |
1,14 % |
|
|
|
|
PER, period regarding TUn, TRn, TXn, CPI
or CPN: 00 0000 - 31 December 2002 in EUR 39.859.000,00 |
|
|
Not consolidated profit and loss
turnover of the business: |
|
|
|
|
|
PER, period that the financial account
covers for not consolidated balance sheet.: 00 0000 - 31 December 2002 in
EUR |
|
|
Total
assets incl. prepaid expenses and accrued income |
19.765.000,- |
|
Total
fixed assets |
271.000,- |
|
Total
tangible fixed assets |
270.000,- |
|
Land
and buildings |
206.000,- |
|
Plant,
machinery and equipment |
1.000,- |
|
Total
financial fixed assets |
1.000,- |
|
Investments
(long-term) |
1.000,- |
|
Total
Current assets |
19.494.000,- |
|
Inventories
and work in progress (incl. prepayments) |
1.242.000,- |
|
Accounts
receivable (trade) |
18.240.000,- |
|
Cash
in hand and at bank |
11.000,- |
|
Total
accrued income and prepaid expenses |
1.000,- |
|
Total
equity, provisions, liabilities, accrued expenses and deferred income |
19.765.000,- |
|
Total
equity (Shareholders' funds) |
193.000,- |
|
Issued
(subscribed) capital |
19.000,- |
|
Legal
reserves |
2.000,- |
|
Profit
or loss carried forward |
172.000,- |
|
Total
liabilities |
19.572.000,- |
|
Total
long-term liabilities |
1.959.000,- |
|
Long-term
liabilities to credit institutions |
182.000,- |
|
Total
current liabilities |
17.606.000,- |
|
Current
accounts payable (trade) |
8.743.000,- |
|
Current
liabilities to credit institutions |
8.753.000,- |
|
Income
and social tax liabilities |
16.000,- |
|
Total
accrued expenses and deferred income |
7.000,- |
|
|
|
|
PER, period that the financial account
covers for not consolidated profit and loss account.: 00 0000 - 31 December 2002 in
EUR |
|
|
Total
operating income/revenue |
39.860.000,- |
|
Main
revenue (sales/turnover) |
39.859.000,- |
|
Total
operating expenses |
-39.390.000,- |
|
Cost
of materials (type of expenditure format) |
39.149.000,- |
|
Cost
of goods sold (operational format) |
39.390.000,- |
|
Gross
profit or loss after cost of materials or after cost of goods sold |
470.000,- |
|
Personnel
costs |
28.000,- |
|
Depreciation |
18.000,- |
|
Operating
profit or loss |
470.000,- |
|
Financial
expenses |
-411.000,- |
|
Result
of ordinary operations |
59.000,- |
|
Extraordinary
result |
59.000,- |
|
Taxes |
-23.000,- |
|
Net
profit or loss |
36.000,- |
|
Borrowing
ratio |
10140,93 % |
|
Current
ratio |
110,67 % |
|
Debt
gearing |
1015,03 % |
|
Profit
margin. |
1,22 % |
|
Quick
ratio |
103,66 % |
|
Return
on assets |
2,44 % |
|
Return
on equity. |
18,65 % |
|
Solidity
or equity ratio |
0,97 % |
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 |