MIRA INFORM REPORT

 

 

 

Report Date :

09.07.2008

 

IDENTIFICATION DETAILS

 

Name :

KETTING & DE HAAN CHEMICALS 

 

 

Registered Office :

Scheepmakerij 260 3331 MB  Zwijndrecht

 

 

Country :

Netherlands

 

 

Date of Incorporation :

01.12.1994

 

 

Legal Form :

Partnership

 

 

Line of Business :

Wholesale Business in, Import and Export of Chemicals.

 

 

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

 

Maximum Credit Limit :

EUR 50.000 

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

name & address

 

Ketting & de Haan Chemicals 

Scheepmakerij 260

3331 MB  ZWIJNDRECHT

Tel.:+31 (0)78-6255255

Fax.:+31 (0)78-6255266

 

 

Legal status  

 

Partnership

 

 

Founded

 

01/12/1994 as Partners

 

 

Trade register   

 

24252090

 

 

Partners   

 

-O.L.N. Chemicals B.V.,

 Scheepmakerij 262, 3331 MB  ZWIJNDRECHT

-Richema Bv,

 Oud-Cromstrijensedijk Wz 57, 3286 BS  KLAASWAAL

 

 

Activity

 

Wholesale business in, import and export of chemicals.

 

Trade name:

-K & H Chemicals

 

 

Staff

 

11 employees

 

 

Real estate    

 

The business premises at the mentioned address has been rented by the company, as far as we know.

 

 

Finances    

 

The course of business and financial affairs are satisfactory. Average stocks are held. The liquid assets have remained adequate to date.

                                          

 

Remarks

 

Website : www.khchemicals.com

 

Export : all over the world

Correspondence address:

P.O. box  210

NL- 3330 AE  ZWIJNDRECHT

 

 

Banks    

 

ABN-AMRO NV,  41.98.39.054

 

 

VAT-nr.  

 

NL803238320B01

 

 

Mode of payment

 

Within terms

 

 

Credit demand

 

No objections against entering into a business relationship.

A maximum credit limit of EUR 50.000  is advised

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.43.13

UK Pound

1

Rs.85.02

Euro

1

Rs.67.77

 

 

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