MIRA
INFORM REPORT
|
Report Date : |
02.10.2008 |
IDENTIFICATION
DETAILS
|
Name : |
ZAKKENCENTRALE BV |
|
|
|
|
Registered Office : |
Cairostraat 50 3047 BC
Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2006 |
|
|
|
|
Date of Incorporation : |
01.01.1934 |
|
|
|
|
Legal Form : |
BV Private Company
Limited |
|
|
|
|
Line of Business : |
Manufacture
of, trade in machinery, equipment, tools and apparatus, products made of jute,
cotton, paper, textile, synthetic or other raw materials. Obtaining,
exploitation of and trade in interior and
foreign patents and inventions and mediation regarding these. |
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 |
|
Maximum Credit Limit : |
EUR 350.000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Average 5 days beyond terms |
|
|
|
|
Litigation : |
Clear |
name & address
Zakkencentrale BV
Cairostraat 50
3047 BC ROTTERDAM
Tel.:+31
(0)10-4370055
Fax.:+31
(0)10-4624630
Legal
status
BV Private Company Ltd.
acc. nat. law
Founded
01/01/1934, Ltd. since
20/12/1972
Trade
register
24213372
Capital
Nominal EUR 181.512,--
Issued and paid up EUR 49.008,--
Management
Harmen Willem
Theodoor Gertrud Peters, born 13/01/1964,
Signatory
Franciscus David van
Wijngaarden, born 17/08/1948,
Marinus Jan van
Aalst, born 04/05/1962,
Denise Ingeborg
Buise, born 04/04/1966,
Activity
Manufacture
of, trade in machinery, equipment, tools and apparatus, products made of jute,
cotton, paper, textile, synthetic or other raw materials. Obtaining,
exploitation of and trade in interior and
foreign patents and inventions and mediation regarding these .
Trade name:
-Centrale Des Sacs
-Sackcentral
Staff
26 employees
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
Subsidiary company
of
-Ihor
Internationaal BV,
Cairostraat 50, 3047 BC ROTTERDAM
Subsidiary[ies]:
-Exim Handelsonderneming Rotterdam B.V.,
Cairostraat
50, 3047 BC ROTTERDAM
Ultimate
parent company
-Paktra
Holding Bv,
Prins
Frederiklaan 8, 2243 HW WASSENAAR .
Sole
shareholder of the ultimate parent company
-Harmen
Willem Theodoor Gertrud Peters, born 13/01/1964
The next
financial data is extracted
from the
consolidated balance sheet of
'Zakkencentrale BV '
Consolidated net result:
2006 Euro 580.627
2005 Euro 1.110.692
2004 Euro 1.028.582
The
shareholders equity was as of:
31/12/2006 Euro 2.444.656
31/12/2005 Euro 3.064.029
31/12/2004 Euro 3.303.337
The working
capital was as of:
31/12/2006 Euro 3.033.101
31/12/2005 Euro 3.746.210
31/12/2004 Euro 3.851.018
Website :
www.zakkencentrale.nl
Correspondence
address:
Postbus 386
3100
AJ SCHIEDAM
Import/export : worldwide
Banks
Postbank, 163779
ABN-AMRO Bank NV,
ROTTERDAM, 42.19.41.766
Rabobank, 32.95.33.967
VAT-nr.
NL005668827B01
Mode
of payment
On average 5 days beyond
terms.
Credit
demand
No objections against entering
into a business relationship.
A maximum credit limit of
EUR 350.000 is advised
The following financial data is retrieved from
the consolidated balance sheet of :
Zakkencentrale BV
BALANCE SHEET
Consolidated in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Intangible assets 0 0
Tangible assets 259.386 203.621
Financial assets 10.000 10.000
Miscellaneous
fixed assets 0 0
Total fixed assets 269.386 213.621
Stock 6.266.286 6.249.734
Receivables 6.434.516 4.887.733
Shares 0 0
Liquid assets 92.282 71.361
Miscellaneous
current assets 0 0
Total current
assets 12.793.084 11.208.828
Shareholders equity 3.064.029 2.444.656
Provisions 951.567 802.066
Long-term
liabilities 0 0
Current
liabilities 9.046.874 8.175.727
Minority interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 13.062.470 11.422.449
PROFIT
& LOSS ACCOUNT
Consolidated in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Turnover 0 0
Other income 0 0
Total expenses 0 0
Operating profit 1.619.737 1.049.828
Balance financial P/L -219.766 -254.113
Net profit/loss 1] 1.399.971 795.715
Taxation 289.279 215.088
Share in P/L of subsidiaries 0 0
Net profit/loss 2] 1.110.692 580.627
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 1.110.692 580.627
----------------------------------------------------------------------------------------------------------------
Legend : 1]
= Before tax
2]
= After tax
FINANCIAL
RATIOS
-----2005----- -----2006-----
EQUITY
%
Equity gearing 23,5 21,4
Equity/outside capital 30,6 27,2
LIQUIDITY
Current ratio 1,4 1,4
Acid test 0,7 0,6
RATES OF RETURN %
Total assets 10,7 7
Shareholders
equity 45,7 32,5
Pre tax margin
% 0 0
Turnover rate 0 0
(x
1) (x 1)
-------------------- --------------------
Working capital 3.746.210 3.033.101
Shareholders
equity + Equalization acc. 3.064.029 2.444.656
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.96 |
|
UK Pound |
1 |
Rs.83.91 |
|
Euro |
1 |
Rs.66.36 |
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%)