MIRA
INFORM REPORT
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Report Date : |
12.10.2007 |
IDENTIFICATION DETAILS
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Name : |
B.V. Chemische Fabriek Triade |
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Registered Office : |
Dijkweg 159, 2675 AD Honselersdijk |
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Country : |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
01/01/1978 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of synthetic dye stuffs for the textile and leather industry. |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Average 10 days beyond terms |
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Litigation : |
Clear |
name & address
B.V. Chemische Fabriek Triade
Dijkweg 159
2675 AD HONSELERSDIJK
Tel. : +31 (0)174-272222
Fax. : +31 (0)174-272270
Legal status
BV Private Company Ltd. acc. nat. law
Founded
01/01/1978 as Ltd.
Trade register
27218293
Capital
nominal EUR 453.780,--
issued and paid up EUR 226.890,--
Management
J.G.J.M. vd Ligt, born 16/05/1948, Sint
Hubertusweg 5, 2597 JH DEN HAAG
Activity
Manufacture of synthetic dye stuffs for the textile and leather industry.
Trade name
-Italcolor
-Helion Chemie
Staff
1 employee.
The business premises at the mentioned address has been rented by the company, as far as we know.
See balance sheet
Remarks
Subsidiary
company of
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Dijkweg 159, 2675 AD HONSELERSDIJK
The shareholders equity was as of:
31/12/2005 Euro 3.088.479
31/12/2004 Euro 3.313.231
31/12/2003 Euro 2.536.996
The working capital was
as of:
31/12/2005 Euro 3.298.605
31/12/2004 Euro 3.572.175
31/12/2003 Euro 2.819.758
Correspondence address:
Postbus 17,
2670 AA NAALDWIJK
Website : www.triade.nl
Banks
ING Bank
Mode of payment
On average 10 days beyond terms.
Credit demand
No objections against entering into a business relationship.
The following
financial data is retrieved from the corporate balance sheet of :
B.V. Chemische
Fabriek Triade
Dijkweg 159, 2675
AD HONSELERSDIJK
Trade register 27218293
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B.V.
Chemische Fabriek Triade *** BALANCE SHEET ***
Corporate
in Euro(x 1) Euro(x 1)
---31-12-2004--- ------31-12-2005---
Intangible
assets 0 0
Tangible
assets 0 0
Financial
assets 38.934 38.934
Miscellaneous
fixed assets 0 0
Total fixed assets 38.934 38.934
Stock 3.639.413 3.648.712
Receivables 5.338.858 6.818.612
Shares 0 0
Liquid
assets 181.339 606.382
Miscellaneous
current assets 0 0
Total current assets 9.159.610 11.073.706
Shareholders equity 3.313.231 3.088.479
Provisions 297.878 249.060
Long-term
liabilities 0 0
Current
liabilities 5.587.435 7.775.101
Minority
interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 9.198.544 11.112.640
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B.V.
Chemische Fabriek Triade
*** FINANCIAL RATIOS ***
-----2004----- -----2005-----
EQUITY %
Equity
gearing 36 27,8
Equity/outside
capital 56,3 38,5
LIQUIDITY
Current
ratio 1,6 1,4
Acid
test 1 1
RATES
OF RETURN %
Total
assets 0 0
Shareholders equity 0 0
Pre
tax margin % 0 0
Turnover
rate 0 0
(x 1) (x 1)
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Working
capital 3.572.175 3.298.605
Shareholders equity + Equalization acc. 3.313.231 3.088.479
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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. |
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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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%)