MIRA
INFORM REPORT
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Report Date : |
30.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
DOSHI BVBA |
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Registered Office : |
Hoveniersstraat 12, 2018 Antwerpen |
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Country : |
Belgium |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
21.03.2006 |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
Processing
and working of, trade, including import/export in, taking and giving into
consignation of, representation in the field of and broker trade in polished
and unpolished diamonds, precious stones, jewellery, precious metals and
related articles. |
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 : |
No Complaints |
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Litigation : |
Clear |
Name & address
Doshi
BVBA
Hoveniersstraat
12
2018 ANTWERPEN
Tel.:+32
(0)3-7705934
Legal
status
Private limited
company
Founded
21/03/2006 as BVBA
Trade
register
99880557
Capital
nominal EUR 18.600,--
issued and paid up EUR 18.600,--
Management
Udayan Kirtilal Sheth, Belgielei 35, 2018 Antwerpen
Activity
Processing
and working of, trade, including import/export in, taking and giving into consignation
of, representation in the field of and broker trade in polished and unpolished
diamonds, precious stones, jewellery, precious metals and related articles.
Staff
1 [incl. management]
Turnover
Net turnover:
2006 Euro 492.909
Real estate
The business premises at
the mentioned address has been rented by the company, as far as we know.
Finances
See balance sheet
Remarks
Net result:
2006 Euro 834
The shareholders equity was as of:
31/12/2006 Euro 19.434
The working capital was as of:
31/12/2006 Euro 19.434
Accounts are:
Panis, Hendrickx
& Co., Antwerpen.
The company was
established by:
Bhavikkumar
Navinchandra Doshi, India, Konark Rameskhumar Doshi
and Manishkumar
Mangaldas Doshi, all from Surat - India. We assume
that these are
also the shareholders.
Full address:
Hoveniersstraat 12
Bus 13 4th Floor, 2018 Antwerpen
Banks
not known
VAT-nr.
BE880557981
Mode of payment
No complaints have been registered
Credit demand
No objections against entering into a
business relationship.
The following financial data is
retrieved from the corporate balance sheet of
Doshi BVBA
Hoveniersstraat 12, 2018
ANTWERPEN
Trade register 99880557
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Doshi
BVBA *** BALANCE SHEET ***
Corporate
in Euro(x
1)
-------- ------31-12-2006---
Intangible
assets 0 0
Tangible
assets 0 0
Financial
assets 0 0
Miscellaneous
fixed assets 0 0
Total fixed assets 0 0
Stock 0 122.671
Receivables 0 191.039
Shares 0 0
Liquid
assets 0 8.195
Miscellaneous
current assets 0 18
Total current assets 0 321.923
Shareholders equity 0 19.434
Provisions 0 0
Long-term
liabilities 0 0
Current
liabilities 0 302.489
Minority
interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 0 321.923
PROFIT & LOSS ACCOUNT
Doshi BVBA
Corporate in Euro(x
1)
-------- ------31-12-2006---
Turnover 0 492.909
Other
income 0 0
Total
expenses 0 491.136
Operating
profit 0 1.773
Balance
financial P/L 0 -539
Net
profit/loss 1] 0 1.234
Taxation 0 400
Share
in P/L of subsidiaries 0 0
Net
profit/loss 2] 0 834
Balance
extraordinary P/L 0 0
Taxation 0 0
Extraordinary
P/L 2] 0 0
Res.
sub. companies 2] 0 0
Minority
interests 0 0
Miscellaneous
P/L 0 0
Net
result 0 834
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Legend
: 1]
= Before tax
2]
= After tax
FINANCIAL RATIOS
Doshi BVBA
---------- -----2006-----
EQUITY %
Equity
gearing 0 6
Equity/outside
capital 0 6,4
LIQUIDITY
Current
ratio 0 1,1
Acid
test 0 0,7
RATES
OF RETURN %
Total
assets 0 0,4
Shareholders equity 0 6,3
Pre
tax margin % 0 0,3
Turnover
rate 0 153,1
(x
1)
-------------------- --------------------
Working
capital 0 19.434
Shareholders equity + Equalization acc. 0 19.434
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs. 42.47 |
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UK Pound |
1 |
Rs. 84.00 |
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Euro |
1 |
Rs. 66.14 |
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%)