MIRA
INFORM REPORT
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Report Date : |
13.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
TANYA'S ANTWERP |
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Registered Office : |
Schupstraat 1 7 B.2, 2018 Antwerpen Be |
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Country : |
Belgium
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
18
June 2004 |
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Com. Reg. No.: |
55081 |
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Legal Form : |
Private
Company with limited liability |
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Line of Business : |
Wholesale
of miscellaneous intermediate products |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
5500
EUR |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
TANYA'S ANTWERP
SCHUPSTRAAT 1 7 B.2
2018 ANTWERPEN BE
Tel. Number +32-3-2264377
Fax number +32-3-2391286
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Business
founded |
18
June 2004 |
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Business
registered |
18
June 2004 - Private company with limited liability |
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Registration
number, |
55081,
KBO - BCE, |
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Value
Added Tax number, |
BE866050246,
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Judicial
form |
Private
company with limited lability |
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Activities |
Wholesale
of miscellaneous intermediate products |
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Payment
experience |
no
complaints have been registered |
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Credit
opinion |
Credit
opinion |
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Maximum
credit limit 5500 EUR is advised |
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Cash
situation (balance sheet analysis) : Good |
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Profitability
(balance sheet analysis) : Medium |
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Commitments
(regarding contractual obligations) : Currently fulfilled |
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Payment
defaults : None |
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Total
share capital31 December 2005 |
EUR 18750,00 |
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Branch
office(s) |
HOVENIERSSTRAAT
52,2018 ANTWERPEN |
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Bank |
ABN
AMRO BANK (BELGIUM) |
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Boardmembers |
GANDHI
PRANAV SUNIL Manager |
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Management |
GANDHI
PRANAV SUNIL Partner |
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AUWERS
MARC MARIA THERESIA LOUIS Decision-maker |
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The
business owns or partly owns one or more pieces of land and
buildings? Yes(Property) |
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PER,
period regarding TUn, TRn, TXn, CPI or CPN: 00 0000 - 31 December
2005 in EUR 0,00 |
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Not
consolidated profit and loss turnover of the business: |
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PER,
period that the financial account covers for not consolidated balance
sheet.: 00 0000 - 31 December 2005 in EUR |
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Total
assets incl. prepaid expenses and accrued income |
732.296,- |
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Total
fixed assets |
4.254,- |
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Total
tangible fixed assets |
4.254,- |
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Plant,
machinery and equipment |
1.244,- |
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Total
Current assets |
728.042,- |
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Inventories
and work in progress (incl. prepayments) |
96.124,- |
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Accounts
receivable (trade) |
512.270,- |
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Cash
in hand and at bank |
111.878,- |
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Total
accrued income and prepaid expenses |
7.770,- |
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Total
equity, provisions, liabilities, accrued expenses and deferred income |
732.296,- |
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Total
equity (Shareholders' funds) |
27.658,- |
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Issued
(subscribed) capital |
18.750,- |
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Profit
reserves |
6.408,- |
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Legal
reserves |
2.500,- |
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Total
liabilities |
704.638,- |
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Total
current liabilities |
704.638,- |
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Current
accounts payable (trade) |
492.400,- |
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PER,
period that the financial account covers for not consolidated profit and loss
account.: 00 0000 - 31 December 2005 in EUR |
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Cost
of goods sold (operational format) |
1.102,- |
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Depreciation |
655,- |
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Operating
profit or loss |
100.319,- |
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Financial
income |
125.947,- |
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Financial
expenses |
-200.734,- |
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Result
of ordinary operations |
25.532,- |
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Extraordinary
expenses |
-25,- |
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Extraordinary
result |
25.507,- |
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Taxes |
-1.000,- |
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Net
profit or loss |
24.507,- |
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Borrowing
ratio |
2547,68 % |
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Current
ratio |
103,32 % |
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Quick
ratio |
88,57 % |
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Return
on assets |
30,98 % |
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Return
on equity. |
88,60 % |
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Solidity
or equity ratio |
3,77 % |
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PER,
period regarding TUn, TRn, TXn, CPI or CPN: 00 0000 - 31 December
2004 in EUR 0,00 |
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Not
consolidated profit and loss turnover of the business: |
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PER,
period that the financial account covers for not consolidated balance
sheet.: 00 0000 - 31 December 2004 in EUR |
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Total
assets incl. prepaid expenses and accrued income |
967.863,- |
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Total
fixed assets |
3.714,- |
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Total
tangible fixed assets |
3.714,- |
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Plant,
machinery and equipment |
367,- |
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Total
Current assets |
964.149,- |
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Inventories
and work in progress (incl. prepayments) |
364.653,- |
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Accounts
receivable (trade) |
568.210,- |
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Cash
in hand and at bank |
23.418,- |
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Total
accrued income and prepaid expenses |
7.868,- |
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Total
equity, provisions, liabilities, accrued expenses and deferred income |
967.863,- |
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Total
equity (Shareholders' funds) |
23.151,- |
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Issued
(subscribed) capital |
18.750,- |
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Profit
reserves |
1.901,- |
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Legal
reserves |
2.500,- |
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Total liabilities |
944.712,- |
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Total
current liabilities |
944.712,- |
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Current
accounts payable (trade) |
766.033,- |
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PER,
period that the financial account covers for not consolidated profit and loss
account.: 00 0000 - 31 December 2004 in EUR |
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Cost
of goods sold (operational format) |
383,- |
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Depreciation |
36,- |
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Operating
profit or loss |
-18.162,- |
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Financial
income |
115.659,- |
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Financial
expenses |
-74.971,- |
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Result
of ordinary operations |
22.526,- |
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Extraordinary
result |
22.526,- |
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Net
profit or loss |
22.526,- |
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Borrowing
ratio |
4080,65 % |
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Current
ratio |
102,05 % |
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Quick
ratio |
62,62 % |
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Return
on assets |
10,07 % |
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Return
on equity. |
97,30 % |
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Solidity
or equity ratio |
2,39 % |
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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