MIRA
INFORM REPORT
|
Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
BLUEVAL BVBA |
|
|
|
|
Registered Office : |
151 Belgielei Antwerpen 2018 |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Date of Incorporation : |
02.06.1998 |
|
|
|
|
Com. Reg. No.: |
463527861 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of Diamonds and Other Precious Stones |
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 |
Company
Summary
|
COMPANY SUMMARY |
|
|
Business Name |
BLUEVAL BVBA |
|
Business Number |
463527861 |
|
Address |
151 BELGIELEI ANTWERPEN |
|
Post Code |
2018 |
|
Telephone |
032300566 |
|
Date of Establisment |
02-06-1998 |
|
Number of Employees |
0 |
|
|
|
|
CREDIT
INFORMATION SUMMARY |
|
|
Date of Deposit at Registry |
25-07-2007 |
|
Date of Last Accounts |
31-12-2007 |
|
Turnover |
- |
|
Results of Ordinary Operations Before Tax |
4,739 |
|
Networth |
55,945 |
|
PAST PAYMENTS |
|
|
Payment Expectation Days |
|
|
Days Sales Outstanding |
|
|
Industry Average Payment Expectation Days |
128.46 |
|
Industry Average Day Sales Outstanding |
112.44 |
|
|
|
|
COURT DATA
SUMMARY |
|
|
bankruptcy
details |
|
|
Court Action Type |
None |
|
Protested
Bills |
|
|
Bill Amount |
|
|
NSSO
Details |
|
|
Date of Summons |
-- |
Company
Information
|
COMPANY DETAILS |
|
|
Business Number |
463527861 |
|
Name |
BLUEVAL BVBA |
|
Establishment Date |
02-06-1998 |
|
Company Status |
ACTIVE |
|
Company Type |
Private limited liability company |
|
Activity Description |
Wholesale of diamonds and other precious stones |
|
Activity Code |
46761 |
|
Liable For Vat |
yes |
|
Currency |
Euro (€) |
|
|
|
|
LATEST BRANCH
DETAILS |
|
|
Street |
HOVENIERSSTRAAT |
|
House Number |
12 |
|
City |
ANTWERPEN |
|
Postal Code |
2018 |
|
Trade Registered Number |
329511 |
|
Trade Registered Entry Date |
01-06-1998 |
|
CONTRACTOR
DETAILS |
|
|
Registration Number |
-- |
|
Contractor Description |
-- |
|
Striking Off Date |
-- |
|
|
|
|
Latest Event |
|
|
Serial Number |
50371 |
|
Event Description |
Dismissal |
Accounts
& Ratio
|
PERIOD |
|||||
|
Accounts End Date |
31-12-2007 |
% |
31-12-2006 |
% |
31-12-2005 |
|
Weeks |
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
PROFIT &
LOSS |
|||||
|
Turnover |
- |
- |
1,410,399 |
55.4% |
907,807 |
|
Total Operating Expenses |
- |
- |
1,411,423 |
71.3% |
823,948 |
|
Operating Result |
7,527 |
835.1% |
-1,024 |
-101.2% |
83,859 |
|
Total Financial Income |
109 |
10,800.0% |
1 |
-100.0% |
110,393 |
|
Total Financial Expenses |
2,897 |
-10.1% |
3,224 |
-98.3% |
191,953 |
|
Results on Ordinary Operations Before Tax |
4,739 |
211.6% |
-4,247 |
-284.7% |
2,299 |
|
Taxation |
842 |
4,852.9% |
17 |
-99.8% |
6,965 |
|
Results on Ordinary Operations After Tax |
3,897 |
191.4% |
-4,264 |
8.6% |
-4,666 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Net Result |
3,897 |
191.4% |
-4,264 |
8.6% |
-4,666 |
|
Other Information |
|||||
|
Dividends |
- |
- |
- |
- |
- |
|
Director Remuneration |
- |
- |
- |
- |
- |
|
Employee Costs |
0 |
- |
0 |
- |
0 |
|
- Wages & Salaries |
- |
- |
- |
- |
- |
|
- Social Security Contributions |
- |
- |
- |
- |
- |
|
- Other Employee Costs |
- |
- |
- |
- |
- |
|
Amortization & Depreciation |
91 |
0.0% |
91 |
-1.1% |
92 |
|
BALANCE SHEET |
|||||
|
Accounts End Date |
31-12-2007 |
% |
31-12-2006 |
% |
31-12-2005 |
|
Weeks |
52 |
- |
52 |
- |
52 |
|
Intangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
Tangible Fixed Assets |
84 |
-52.0% |
175 |
-34.2% |
266 |
|
- Land And Buildings |
0 |
- |
0 |
- |
0 |
|
- Plant And Machinery |
0 |
- |
0 |
- |
0 |
|
- Other Tangible Assets |
84 |
-52.0% |
175 |
-34.2% |
266 |
|
Financial Fixed Assets |
0 |
- |
0 |
- |
0 |
|
Total Fixed Assets |
84 |
-52.0% |
175 |
-34.2% |
266 |
|
Inventories |
|||||
|
- Raw Materials & Consumables |
0 |
- |
0 |
- |
0 |
|
- Work in Progress |
0 |
- |
0 |
- |
0 |
|
- Finished Goods |
0 |
- |
0 |
- |
0 |
|
- Other Stocks |
600,767 |
-4.4% |
628,134 |
-22.7% |
812,843 |
|
Trade Debtors |
176,164 |
0.1% |
175,992 |
-27.8% |
243,689 |
|
Cash |
10,347 |
199.4% |
3,456 |
-80.2% |
17,446 |
|
- Miscellaneous Current Assets |
2,926 |
1.2% |
2,891 |
9.8% |
2,634 |
|
Total Current Assets |
790,204 |
-2.5% |
810,473 |
-24.7% |
1,076,612 |
|
|
|||||
|
- Trade Creditors |
583,989 |
1.8% |
573,588 |
-29.6% |
814,351 |
|
- Short Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Short Term Loans |
2,665 |
264.1% |
732 |
229.7% |
222 |
|
- Miscellaneous Current Liabilities |
147,689 |
-19.9% |
184,280 |
-9.9% |
204,523 |
|
Total Current Liabilities |
734,343 |
-3.2% |
758,600 |
-25.6% |
1,019,096 |
|
|
|||||
|
- Long Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Liabilities |
0 |
- |
0 |
-100.0% |
1,470 |
|
Total Long Term Debts |
0 |
- |
0 |
-100.0% |
1,470 |
|
|
|||||
|
- Issued Share Capital |
18,600 |
0.0% |
18,600 |
0.0% |
18,600 |
|
- Share Premium Account |
0 |
- |
0 |
- |
0 |
|
- Reserves |
37,345 |
11.7% |
33,448 |
-11.3% |
37,712 |
|
- Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Total Shareholders Equity |
55,945 |
7.5% |
52,048 |
-7.6% |
56,312 |
|
|
|||||
|
Working Capital |
55,861 |
7.7% |
51,873 |
-9.8% |
57,516 |
|
Net Worth |
55,945 |
7.5% |
52,048 |
-7.6% |
56,312 |
|
|
|
|
|
|
|
|
RATIO ANALYSIS |
|||||
|
Trading Performance |
|||||
|
Pre-tax Profit Margin |
- |
- |
-0.30 |
-220.0% |
0.25 |
|
Return On Capital Employed |
8.47 |
203.8% |
-8.16 |
-305.0% |
3.98 |
|
Return On Total Assets Employed |
0.60 |
215.4% |
-0.52 |
-347.6% |
0.21 |
|
Return On Net Assets Employed |
8.48 |
203.5% |
-8.19 |
-304.8% |
4.00 |
|
Sales / Net Working Capital |
- |
- |
27.19 |
72.3% |
15.78 |
|
Operating Efficiency |
|||||
|
Stock Turnover Ratio |
- |
- |
44.54 |
-50.3% |
89.54 |
|
Debtor Days |
- |
- |
45.55 |
-53.5% |
97.98 |
|
Creditor Days |
- |
- |
148.33 |
-58.9% |
360.75 |
|
Short Term Stability |
|||||
|
Current Ratio |
1.08 |
0.9% |
1.07 |
0.9% |
1.06 |
|
Liquidity Ratio / Acid Ratio |
0.26 |
8.3% |
0.24 |
-7.7% |
0.26 |
|
Current Debt Ratio |
13.13 |
-9.9% |
14.58 |
-19.4% |
18.10 |
|
Long Term Stability |
|||||
|
Gearing |
4.76 |
237.6% |
1.41 |
261.5% |
0.39 |
|
Equity In Percentage |
0.07 |
16.7% |
0.06 |
20.0% |
0.05 |
|
Total Debt Ratio |
0.05 |
400.0% |
0.01 |
- |
0 |
Payment
Expectations
|
PAYMENT
EXPECTATIONS |
|
|
Payment Expectation Days |
|
|
Day Sales Outstanding |
|
|
|
|
|
INDUSTRY
COMPARISON |
|
|
Activity Code |
4676 |
|
Activity Description |
Wholesale of other intermediate products |
|
Industry Average Day Sales Outstanding |
112.44 |
|
Industry Average Payment Expectation Days |
128.46 |
|
|
|
|
INDUSTRY
QUARTILE ANALYSIS |
|
|
Payment Expectation Days |
|
|
Payment Expectations - Lower |
43.35 |
|
Payment Expectations - Median |
83.34 |
|
Payment Expectations - Upper |
143.01 |
|
Day Sales Outstanding |
|
|
Day Sales Outstanding - Lower |
31.05 |
|
Day Sales Outstanding - Median |
69.93 |
|
Day Sales Outstanding - Upper |
144.39 |
Shareholders
|
No holding companies for this company. |
|
No subsidaries for this company. |
Court
Data
|
PROTESTED BILLS |
|
|
Drawee Name |
-- |
|
Drawee Address |
-- |
|
Bill Amount |
|
|
Bill Currency |
-- |
|
Maturity of Bill (month) |
|
|
Name of Drawer |
-- |
|
City of Drawer |
-- |
|
|
|
|
NSSO DETAILS |
|
|
Business Number |
|
|
Name of Defendant |
-- |
|
Legal Form of Defendant |
-- |
|
Date of Summons |
|
|
Labour Court |
-- |
|
Bankruptcy Data |
|
There is no bankruptcy data against this company. |
Directors
|
COMPANY DIRECTOR |
|
|
FullName |
PARVEEN BACHHARAJ DUGAR |
|
Position |
Manager |
|
Address |
3 ROAD MALAD, SUNDER NAGAR MUMBAI 64 |
|
Postal Code |
0 |
|
Country |
India |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.09 |
|
UK Pound |
1 |
Rs.76.68 |
|
Euro |
1 |
Rs.63.48 |
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%)