MIRA
INFORM REPORT
|
Report Date : |
28.08.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CITI GATE S.L. |
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Registered Office : |
Urbanizacion Arizonicas,
1 (Plt 2 Iz), Cp 28231, Las Rozas De Madrid Madrid |
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Country : |
Spain |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
RATING &
COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Maximum Credit Limit : |
1.202,02 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
FINANCIAL REPORT
CITI GATE S.L.
TAX NUMBER: B84165075
EXECUTIVE SUMMARY
Identification
Current Business Name: CITI GATE S.L.
Other names: NO
Current Address: URBANIZACION ARIZONICAS,
1 (PLT 2 IZ), CP 28231, LAS ROZAS DE MADRID MADRID
Telephone number: 916375264 Fax: 916375264
Commercial Risk
Credit Appraisal: 1.202,02
RAI: NO
Legal Actions: NO
Financial Information
Total Assets: 2.786,98
Social Capital: 3.006,00
Commercial Information
Constitution Date: 01/12/2004
Business activity: Assitence
given to companies
NACE Code: 7484
International Operations: No business
relationships registered
Corporate Structure
Sole Administrator:
Parent Company:
Other Complementary Information
Latest proceeding published in BORME: 12/09/2006 Registration
of accounts
Bank Entities: No
Credit Appraisal
Maximum Credit
(from 0 a 6,000,000 )
Favourable to 1.202,02
Rating Evolution
Performance
|
Legal Actions |
None or Negligible |
|
Business
Trajectory |
Excellent |
RAI 
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION: 14/08/2008
10:08:22
INCIDENTS
Summary
LEGAL ACTIONS: No legal incidences
registered
CLAIM FILED AGAINST THE ADMINISTRATION: No administrative
claims registered
AFFECTED BY: No significant
element.
FINANCIAL ELEMENTS AND SECTORIAL
COMPARATIVE
FINANCIAL ELEMENTS
Figures given in
|
|
2005 (12) |
% ASSETS |
|
|
|
BALANCE SHEET ANALYSIS |
|
|
|
|
|
OWN FUNDS |
2.786,98 |
100,00 |
|
|
|
TOTAL ASSETS |
2.786,98 |
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|
|
|
|
|
|
|
|
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2005) |
SECTOR |
DIFFERENCE |
DIFFERENCE RELATIVE |
|
|
BALANCE SHEET
ANALYSIS: % on the total assets |
|
|
|
|
|
|
OWN FUNDS |
100,00 |
56,41 |
43,59 |
77,27 |
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|
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Sector Composition
Compared sector (NACE): 748
Number of companies: 4707
Size (Sales Figure) : All companies
Comments on the sectorial comparative
In liabilities composition the company appeals on a wider scale to self
financing, being the proportion of net worth of 43,59% superior, which means a relative
difference of 77,27%
ADDRESSES
Current Legal Seat Address:
URBANIZACION ARIZONICAS, 1 (PLT 2 IZ)
28231
LAS ROZAS DE MADRID MADRID
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Main Board members, Directors and Auditor 
|
POSITION |
SURNAMES AND
NAME |
APPOINTMENT DATE |
|
SOLE ADMINISTRATOR |
ESIBE COLLINS BRIAN |
21/01/2005 |
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATA INF. |
|
|
ESIBE COLLINS BRIAN |
|
100,00 |
B.O.R.M.E. |
21/01/2005 |
CREDIT INFORMATION
Constitution Date: 01/12/2004
Business activity 
Activity: Assitence given to companies
NACE Code: 7484
NACE Activity: Other business
activities n.e.c.
Business: GENERACION Y DISTRIBUCION DE ENERGIA
ELECTRICA, SOLAR Y EOLICA. IMPORTACION, EXPORTACION, COMPRA, VENTA Y
DISTRIBUCION DE MATERIALES Y EQUIPOS PARA LA PRODUCCION DE ENERGIA ELECTRICA Y
CUALESQUIERA OTRA FUENTE DE ENERGIA
LEGAL STRUCTURE
Constitution Data
Register Date: 01/12/2004
Register town: Madrid
Announcement number: 25495
Register Data:
Volume 20756, Book 0, Folio 197, Section 8, Sheet 367716
Legal form: LIMITED LIABILITY
COMPANY
Social Capital: 3.006
Current structure data 
Current Legal Form: LIMITED LIABILITY
COMPANY
Current Capital: 3.006,00
Legal Aspects
Obligation to fill in Financial Statements: YES
Chamber census: YES (2006)
Listed on a Stock Exchange: NO
B.O.R.M.E.(Official Companies
Registry Gazette) 
Registered Proceedings
|
PROCEEDINGS |
DATE |
NOTICE NUM. |
TRADE REG. |
|
Establishment |
21/01/2005 |
25495 |
Madrid |
|
Declaration of individual ownership |
21/01/2005 |
25495 |
Madrid |
|
Appointments |
21/01/2005 |
25495 |
Madrid |
Other Proceedings published
|
PROCEEDINGS |
DATE |
NOTICE NUM. |
TRADE REG. |
|
Registration of
accounts (2005) Individual |
12/09/2006 |
391900 |
Madrid |
|
Registration of
accounts (2004) Individual |
25/01/2006 |
39198 |
Madrid |
Complementary Information
El balance cerrado a 31/12/2004 (Deposito
2005) esta disponible en
pero no ha sido cargado por tener una duracion inferior a
tres meses.
FINANCIAL INFORMATION
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 18/08/2008.
BALANCE SHEET
Assets
Figures given in
|
|
31/12/2005 (12) |
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
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B) FIXED ASSETS |
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I. Incorporation costs |
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II. Intangible fixed assets |
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III. Tangible fixed assets |
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IV. Financial fixed assets |
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V.Owners equity |
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VI.Long term trade liabilities |
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C) DEFERRED EXPENSES |
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D) CURRENT ASSETS |
2.786,98 |
|
I. Shareholders by required outlays |
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II. Stocks |
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III. Debtors |
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IV. Temporary financial investment |
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V. Short-term own shares |
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VI. Treasury |
2.786,98 |
|
VII. Periodification adjustments |
|
|
ASSETS (A + B + C + D) |
2.786,98 |
Assets composition
Liabilities
Figures given in
|
|
31/12/2005 (12) |
|
A) SHAREHOLDERS EQUITY |
2.786,98 |
|
I. Share capital |
3.006,00 |
|
II. Issue bonus |
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III.Revaluation reserve |
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IV.Reserves |
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Capital adjustments in Euros |
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Sundry reserves |
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V.Results from previous years |
-219,02 |
|
VI.Profit and Losses |
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VII.Dividend paid during the year |
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VIII.Own shares for capital reduction |
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B) DEFERRED INCOME |
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C) PROVISIONS FOR LIABILITIES AND EXPENSES |
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D) LONG TERM LIABILITIES |
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E) SHORT TERM LIABILITIES |
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F) SHORT TERM PROVISIONS FOR LIABILITIES AND
EXPENSES |
|
|
LIABILITIES (A + B + C + D + E + F) |
2.786,98 |
Liabilities Composition
FINANCIAL BALANCE
Here the Main Capital Amounts of the company and the Revolving Fund
Evolution are analysed.
Financial Balance Table
Figures given in
|
|
31/12/2005 (12) |
% |
|
|
A) DUE FROM
SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
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B) FIXED ASSETS |
|
|
|
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C) DEFERRED
EXPENSES |
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|
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D) CURRENT
ASSETS |
2.786,98 |
100,00 |
|
|
ASSETS (A + B +
C + D) |
2.786,98 |
|
|
|
|
|||
|
A) SHAREHOLDERS
EQUITY |
2.786,98 |
100,00 |
|
|
B) DEFERRED
INCOME |
|
|
|
|
C) PROVISIONS
FOR LIABILITIES AND EXPENSES |
|
|
|
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D) LONG TERM
LIABILITIES |
|
|
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E) SHORT TERM
LIABILITIES |
|
|
|
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F) SHORT TERM
PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
2.786,98 |
|
|
Financial Balance
Composition
Comments on Financial Balance
In the 2005, the assets of the company were formed in 100,00% of Current
Assets.This assets were financed in 100,00% with own capitals% with long term debt%
with current liabilities.
The result of this financial structure is a positive turnover fund of
2.786,98 Euros, which is equivalent to 100,00% proportion of the
companys total assets.
RATIOS
Main Ratios
|
|
31/12/2005 (12) |
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|
|
STRUCTURAL RATIOS |
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|
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Management fund |
2.786,98 |
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|
Results Analysis
Ratios
|
|
31/12/2005 (12) |
SECTORIAL ANΑLYSIS
Large Capital Amounts and Financial Balance
Figures given in %
|
|
COMPANY (2005) |
SECTOR |
DIFFERENCE |
DIFFERENCE RELATIVE |
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
A) DUE FROM
SHAREHOLDERS FOR UNCALLED CAPITAL |
|
0,33 |
|
|
|
|
|
|
|
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B) FIXED ASSETS |
|
58,19 |
|
|
|
|
|
|
|
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C) DEFERRED
EXPENSES |
|
0,52 |
|
|
|
|
|
|
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D) CURRENT
ASSETS |
100,00 |
40,95 |
59,05 |
144,18 |
|
|
|
|
|
|
ASSETS (A + B +
C + D) |
100 |
100 |
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COMPANY (2005) |
SECTOR |
DIFFERENCE |
DIFFERENCE RELATIVE |
|
|
|
|
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|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
A) SHAREHOLDERS
EQUITY |
100,00 |
53,98 |
46,02 |
85,25 |
|
|
|
|
|
|
B) DEFERRED
INCOME |
|
2,43 |
|
|
|
|
|
|
|
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C) PROVISIONS
FOR LIABILITIES AND EXPENSES |
|
0,52 |
|
|
|
|
|
|
|
|
D) LONG TERM
LIABILITIES |
|
14,18 |
|
|
|
|
|
|
|
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E) SHORT TERM
LIABILITIES |
|
28,79 |
|
|
|
|
|
|
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F) SHORT TERM
PROVISIONS FOR LIABILITIES AND EXPENSES |
|
0,10 |
|
|
|
|
|
|
|
|
LIABILITIES (A +
B + C + D + E + F) |
100 |
100 |
|
|
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|
|
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Sectorial Financial
Balance Comparison
Comments to the Sectorial Analysis
In the 2005, the assets of the company were formed of 100,00Current
Assets % In the sector, the proportion of current assets was of 40,95%, 144,18%
inferior.
The assets were financed in the company in 100,00% with own capitals In
the sector, the self financing represented 56,41%, 77,27% inferior
The result of this companys financial structure is a turnover fund that
represents 100,00% of the total assets; in the sector, this same proportion is
12,07%, therefore, we can say that the companys turnover fund is 728,64%
higher than the one in of the sector.
Analytical Account of Results
Figures given in %
|
|
COMPANY (2005) |
SECTOR |
DIFFERENCE |
DIFFERENCE RELATIVE |
|
Turnover |
|
95,80 |
|
|
|
Other operating income |
|
4,20 |
|
|
|
Production Value |
|
100,00 |
|
|
|
Operating expenses |
|
31,52 |
|
|
|
Other operation expenses |
|
23,76 |
|
|
|
Added value |
|
44,72 |
|
|
|
Labour cost |
|
34,62 |
|
|
|
Gross Economic Result |
|
10,09 |
|
|
|
Assets depreciation |
|
3,45 |
|
|
|
Variation in provision for current assets and bad debt losses |
|
0,33 |
|
|
|
Net Economic Result |
|
6,32 |
|
|
|
Financial income |
|
1,49 |
|
|
|
Financial Charges |
|
1,16 |
|
|
|
Variation in financial investment provision |
|
0,02 |
|
|
|
Ordinary
Activities Result |
|
6,63 |
|
|
|
Extraordinary income |
|
1,40 |
|
|
|
Extraordinary charges |
|
0,73 |
|
|
|
Variation in provision in fixed assets |
|
0,17 |
|
|
|
Results before Taxes |
|
7,13 |
|
|
|
Corporate taxes |
|
1,72 |
|
|
|
Net Result |
|
5,41 |
|
|
|
Assets depreciation |
|
3,45 |
|
|
|
Change of Provisions |
|
0,52 |
|
|
|
Net Self-Financing |
|
9,38 |
|
|
Main Ratios
|
|
COMPANY (2005) |
PTILE25 |
PTILE50 |
PTILE75 |
|
STRUCTURAL RATIOS |
|
|
|
|
|
Management fund |
2.786,98 |
-4,43 |
29,90 |
134,61 |
NOTES
Despite the investigations carried out using
all the available
sources and with the data provided in your request, it has not been
possible to locate the subject.
We do hereby detail the results of our investigations:
INVESTIGATION DATA:
Telephone: The telephone provided / obtained is not answered.
Bank: It has not been possible to
locate the entity related.
Due to this situation we request you to send us as urgently as
possible all other data that you may have so as to continue with our
investigation.
In case this were not possible we suggest that you deal with subject
cautiously.
Analysis Department.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.73 |
|
UK Pound |
1 |
Rs.80.57 |
|
Euro |
1 |
Rs.64.29 |
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 SCs 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%)