MIRA INFORM REPORT

 

 

 

Report Date :

02.12.2008

 

IDENTIFICATION DETAILS

 

Name :

OSIRIS DIGITAL PRINTS B.V.

 

 

Registered Office :

Holtersweg 31 Hengelo OV7556BS

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2007

 

 

Date of Incorporation :

05.01.2004

 

 

Legal Form :

Private limited liability company (BV) with ordinary structure

 

 

Line of Business :

Wholesale of Computers, Peripheral Equipment and Software

 

 

RATING & COMMENTS

 

MIRA’s 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

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

Company Summary

 

COMPANY DETAILS

Company Name

Osiris Digital Prints B.V.

Chamber of Commerce Number

08121415

Street

Holtersweg

House Number

31

City

HENGELO OV

Postal Code

7556BS

Phone

074 2506472

Incorporated Date

05-01-2004

Company Type

Private limited liability company (BV) with ordinary structure

 

 

MAILING ADDRESS DETAILS

Street

Holtersweg

House Number

31

City

HENGELO OV

Postal Code

7556BS

 

 

 

 

PAYMENT EXPECTATIONS SUMMARY

Suspension of Payments / Mora

No

Payment Expectation Days

 

Day Sales Outstanding

 

Industry Average Payment Expectation Days

36.76

Industry Average Day Sales Outstanding

80.07

 

 

Court Data Summary

Court Action

No

Type

 

 

Holding Company Details

Company Name

No

 

 

 

DIRECTOR

Director

R.B.J. Morskate

 

 

Company Information

 

COMPANY DETAILS

 

Chamber of Commerce Number

08121415

Company Name

Osiris Digital Prints B.V.

Trading Name

Osiris Digital Prints B.V.

Street

Holtersweg

House Number

31

City

HENGELO OV

Postal Code

7556BS

Phone

074 2506472

Office Type

Main Office

Date Registered Address

05-01-2004

Incorporated Date

05-01-2004

Web Address

 

Last Accounts Date

01-12-2007

Company Status

ACTIVE

Filing Accounts Date

17-07-2008

Company Type

Private limited liability company (BV) with ordinary structure

Activity Description

Wholesale of computers, peripheral equipment and software

Activity Code

5184

Commenced Trading Date

--

Ceased Trading Date

--

Exporter

N

Importer

N

Currency

EURO (€)

 

 

 

CAPITAL DETAILS

Nominal Capital

90,000

Placed Capital

18,100

Deposited Capital

18,100

 

 

 

EMPLOYEE DETAILS

Number Of Employees

0

 

 

 

DIRECTOR

Director

R.B.J. Morskate

 

 

Accounts & Ratios

 

PERIOD

Accounts End Date

31-12-2007

changes

31-12-2006

changes

31-12-2005

Weeks

52

-

52

-

52

Currency

EUR

 

EUR

 

EUR

Consolidated Accounts

N

 

N

 

N

Profit & Loss

Turnover

-

-

-

-

-

Total Operating Expenses

-

-

-

-

-

Operating Result

-

-

-

-

-

Total Financial Income

-

-

-

-

-

Total Financial Expenses

-

-

-

-

-

Results on Ordinary Operations Before Tax

-

-

-

-

-

Taxation

-

-

-

-

-

Results on Ordinary Operations After Tax

-

-

-

-

-

Extraordinary Items

-

-

-

-

-

Net Result

-

-

-

-

-

Other Information

- Employee Costs

-

-

-

-

-

- Social Security Contributions

-

-

-

-

-

- Amortization & Depreciation

-

-

-

-

-

 

 

 

 

 

 

 

BALANCE SHEET

Accounts End Date

31-12-2007

-

31-12-2006

-

31-12-2005

Weeks

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

Consolidated Accounts

N

 

N

 

N

Intangible Fixed Assets

0

-

0

-

0

- Goodwill

0

-

0

-

0

- Other Intangible Fixed Assets

0

-

0

-

0

Tangible Assets

359

-64.9%

1,023

-41.9%

1,762

- Land And Buildings

0

-

0

-

0

- Plant And Machinery

0

-

0

-

0

- Other Tangible Fixed Assets

359

-64.9%

1,023

-41.9%

1,762

Financial Fixed Assets

0

-

0

-

0

- Investments In Group Company

0

-

0

-

0

- Recievables From Group Company

0

-

0

-

0

- Other Financial Assets

0

-

0

-

0

Fixed Assets

359

-64.9%

1,023

-41.9%

1,762

 

Inventories

- Raw Materials & Consumables

0

-

0

-

0

- Work in Progress

0

-

0

-

0

- Finished Goods

0

-

0

-

0

- Other Stocks

0

-

0

-

0

Receivables

448

-92.3%

5,807

18,632.3%

31

- Trade Debtors

448

-92.3%

5,807

18,632.3%

31

- Group Accounts

0

-

0

-

0

- Cash

1,989

-3.3%

2,057

-67.8%

6,382

- Miscellaneous Current Assets

0

-

0

-

0

Total Current Assets

2,437

-69.0%

7,864

22.6%

6,413

Current Liabilities

- Trade Creditors

0

-

0

-

0

- Short Term Group Loans

0

-

0

-

0

- Other Short Term Loans

0

-

0

-

0

- Payments Received On Account

0

-

0

-

0

- Taxation

0

-

0

-

0

- Miscellaneous Current Liabilities

303,306

59.6%

190,053

135.6%

80,671

Total Current Liabilities

303,306

59.6%

190,053

135.6%

80,671

Long Term Debts

- Long Term Group Loans

0

-

0

-

0

- Other Long Term Loans

0

-

0

-

0

- Other Long Term Liabilities

0

-

0

-

0

Total Long Term Debts

0

-

0

-

0

Shareholders Equity

Issued Share Capital

18,100

0.0%

18,100

0.0%

18,100

Share Premium Account

1,886

0.0%

1,886

0.0%

1,886

Reserves

-201,152

-85.1%

-108,668

-75.1%

-62,068

Revaluation Reserve

0

-

0

-

0

Legal & Statutory Reserves

0

-

0

-

0

Other Share Capital & Reserves

-119,344

-29.0%

-92,484

-204.1%

-30,414

Minority Interests

0

-

0

-

0

Total Shareholders Equity

-300,510

-65.9%

-181,166

-149.9%

-72,496

 

Working Capital

-300,869

-65.1%

-182,189

-145.3%

-74,258

Net Worth

-300,510

-65.9%

-181,166

-149.9%

-72,496

 

 

RATIOS ANALYSIS

Trading Performance

Results on Ordinary Operations before Tax Profit Margin

-

-

-

-

-

Return On Capital Employed

0

-

0

-

0

Return On Total Assets Employed

0

-

0

-

0

Return On Net Assets Employed

0

-

0

-

0

Sales net Working Capital

-

-

-

-

-

Operating Efficiency

Stock Turnover Ratio

-

-

-

-

-

Debtor Days

-

-

-

-

-

Creditor Days

-

-

-

-

-

Short Term Stability

Current Ratio

0.01

-75.0%

0.04

-50.0%

0.08

Liquidity Ratio

0.01

-75.0%

0.04

-50.0%

0.08

Current Debt Ratio

-1.01

3.8%

-1.05

5.4%

-1.11

Long Term Stability

Gearing

0

-

0

-

0

Equity In Percentage

-10,747.85

-427.2%

-2,038.55

-129.9%

-886.80

Total Debt Ratio

0

-

0

-

0

 

 

Payment Expectations

 

Suspension of Payments / Moratorium History

Date

 

Details

 

 

Payment Expectations

Payment Expectation Days

 

Day Sales Outstanding

 

 

 

INDUSTRY COMPARISON

Activity Code

5184

Activity Description

Wholesale of computers, peripheral equipment and software

Industry Average Day Sales Outstanding

80.07

Industry Average Payment Expectation Days

36.76

 

INDUSTRY QUARTILE ANALYSIS

 

Payment Expectation Days

Payment Expectations - Lower

31.79

Payment Expectations - Median

57.23

Payment Expectations - Upper

89.48

 

Day Sales Outstanding

Day Sales Outstanding - Lower

4.63

Day Sales Outstanding - Median

18.43

Day Sales Outstanding - Upper

36.75

 

 

Shareholder Details

 

Holding Company (100%)

Company Name

Osiris Digital Printing B.V.

House Number

31

Street

Holtersweg

City

HENGELO OV

Postal Code

7556BS

 

Subsidaries (100%)

No subsidaries for this company.

 

Court Data

 

IDENTIFICATION DETAILS

Company Name

 

Trade Name

 

Chamber of Commerce Number

 

Street

 

City

 

Country

 

Post Code

 

 

FACTS

Court Action

 

Details

 

Annulment (if applicable)

 

Date of Annulment

--

 

Dates

Enunciation Date

--

Voting Date
(in case of Moratorium)

--

 

RECEIVER DETAILS (IF BANKRUPTCY)

Name

 

Title

 

Gender

 

Street

 

City

 

Country

 

Post Code

 

 

INDUSTRY DETAILS

Activity Description

 

Activity Code

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.52

UK Pound

1

Rs.75.08

Euro

1

Rs.63.72

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions