MIRA INFORM REPORT
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Report Date : |
09.04.2011 |
IDENTIFICATION DETAILS
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Name : |
SOCIETE TRANE |
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Registered Office : |
1 Rue Des Ameriques, Post Code 88190 Golbey |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
March 1960 |
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Com. Reg. No.: |
306050188 |
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Legal Form : |
Simplified Joint Stock Company |
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Line of Business : |
Manufacture of ventilation and refrigeration equipment |
RATING & COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
(€) 2,000,000 |
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Status : |
Excellent |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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|
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company Summary
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Company Details |
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Company Number |
30605018800011 |
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Name |
SOCIETE TRANE |
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Telephone |
03 29 31 73 00 |
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Fax |
03 29 31 74 73 |
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Legal form |
Simplified joint stock company |
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RCS Registration |
306050188 |
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Share Capital |
38,961,860 |
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Incorporation Date |
03/1960 |
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Address |
1 RUE DES AMERIQUES |
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Postcode |
88190 GOLBEY |
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Nationality |
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Credit Information Summary |
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Company Status |
Economically active |
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Credit Limit (€) |
2,000,000 |
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Judgements Summary |
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No judgements against this company. |
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Directors Summary |
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Directorships |
3 |
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Accounts Summary (last 3 years) |
|||
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Accounts Date |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
Turnover |
148,827,627 |
175,450,695 |
175,055,517 |
|
Networth |
67,003,255 |
63,853,871 |
61,005,000 |
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Number of Employees |
1 000 to 1 999 employees |
- |
- |
Company
Information
|
company details |
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Company Name |
SOCIETE TRANE |
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Company Number |
30605018800011 |
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Activity (APE) |
Fabrication d'équipements aérauliques et frigorifiques industriels |
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Activity (APRM) |
|
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Currency |
EURO (€) |
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Share capital |
38,961,860 |
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Registration Court |
Epinal (88) |
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Legal form |
Simplified joint stock company |
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Court Registry Number |
19 6 0B000 |
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EU VAT Number |
FR83306050188 |
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Incorporation Date |
03/1960 |
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Formation Date |
01/1960 |
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Deregistration Date |
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Last account Date |
31/12/2009 |
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Nationality |
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Establishment details |
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Postal Address |
1 RUE DES AMERIQUES, |
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Trading Address |
1 RUE DES AMERIQUES, |
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Telephone |
03 29 31 73 00 |
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Fax |
03 29 31 74 73 |
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Type |
Head office |
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Status |
Economically active |
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Formation Date |
01/1960 |
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Reason for formation |
Formation |
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Closure Date |
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Reason for closure |
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Reactivation Date |
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Production Role |
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Activity Nature |
- |
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Activity Location |
Other |
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Location Service |
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Seasonality |
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Other e |
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Branches |
25 branch entities in this company |
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Regionality |
Legal unit with multiple establishments in many areas but no one
grouping more than 50% of workforce |
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Mono-activity status |
Legal unit with multiple establishments having main activities in many
divisions, which one activity grouping from 80 to 99% of workforce |
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Workforces |
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Workforce at address |
500 to 999 employees |
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Company workforce |
1 000 to 1 999 employees |
Accounts &
Ratios
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Profit & Loss |
|||||
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Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
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Account period (month) |
12 |
- |
12 |
- |
12 |
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Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
148,827,627 |
-15.2% |
175,450,695 |
0.2% |
175,055,517 |
|
Exports |
0 |
- |
0 |
-100.0% |
69,288,909 |
|
Operating Charges |
144,523,915 |
-14.9% |
169,889,045 |
-0.9% |
171,496,608 |
|
Operating Profit |
6,810,525 |
8.2% |
6,296,823 |
10.2% |
5,711,776 |
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Financial Income |
472,587 |
-80.5% |
2,422,822 |
-19.1% |
2,994,241 |
|
Financial Charges |
210,899 |
-53.4% |
452,494 |
-56.0% |
1,028,504 |
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Pre-Tax Profit |
7,072,211 |
-14.5% |
8,267,151 |
7.7% |
7,677,513 |
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Extraordinary Income |
7,494,575 |
-18.4% |
9,179,501 |
-26.6% |
12,510,775 |
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Extraordinary Charges |
10,972,426 |
-19.3% |
13,600,348 |
-30.3% |
19,511,579 |
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Net Profit |
3,188,014 |
6.5% |
2,993,157 |
1,179.9% |
233,855 |
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Balance Sheet |
|||||
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Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
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Assets |
|||||
|
- Tangible assets |
19,269,279 |
-4.0% |
20,072,899 |
4.3% |
19,254,540 |
|
Intangible assets |
191,832 |
-6.9% |
206,026 |
-2.9% |
212,074 |
|
Financial assets |
331,888 |
0.9% |
328,793 |
35.7% |
242,220 |
|
Total fixed assets |
19,792,999 |
-4.0% |
20,607,718 |
4.6% |
19,708,834 |
|
Stocks |
1,632,256 |
-9.6% |
1,804,965 |
72.0% |
1,049,623 |
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Receivables |
87,440,184 |
-8.4% |
95,459,429 |
-1.0% |
96,470,215 |
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- Trade Receivables |
34,729,309 |
-18.5% |
42,632,838 |
0.5% |
42,418,355 |
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- Misc. Receivables |
52,710,875 |
- |
52,826,591 |
- |
54,051,860 |
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Cash |
5,451 |
-44.8% |
9,871 |
-97.6% |
408,822 |
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Misc. Current Assets |
61,282 |
- |
408,713 |
- |
301,552 |
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Total Current Assets |
89,139,173 |
-8.7% |
97,682,978 |
-0.6% |
98,230,212 |
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Liabilities |
|||||
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Trade Accounts Payable |
16,326,788 |
-19.1% |
20,182,054 |
-11.7% |
22,862,104 |
|
Bank Loans and Liabilities |
901,992 |
234.3% |
269,850 |
122.1% |
121,499 |
|
Sundry Loan and Liabilities |
81,823 |
- |
|
- |
|
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Advanced Payments Received |
367,243 |
-42.6% |
640,240 |
25.5% |
509,982 |
|
Tax and Social Liabilities |
16,144,015 |
-19.0% |
19,942,770 |
6.6% |
18,714,075 |
|
Miscellaneous Liabilities |
3,688,592 |
- |
4,397,659 |
- |
3,569,342 |
|
Provisions for Risks & Charges |
3,250,392 |
-62.4% |
8,639,442 |
-16.7% |
10,372,339 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
38,961,860 |
0.0% |
38,961,860 |
0.0% |
38,961,860 |
|
Revaluation Reserve |
4,425,637 |
-2.1% |
4,521,693 |
1.7% |
4,448,139 |
|
Other Reserves |
23,615,758 |
- |
20,370,318 |
- |
17,595,001 |
|
Total Shareholders Funds |
67,003,255 |
4.9% |
63,853,871 |
4.7% |
61,005,000 |
|
|
|||||
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Total Assets |
108,932,932 |
-8.0% |
118,427,468 |
0.4% |
117,952,898 |
|
Net Worth |
66,811,423 |
- |
63,647,845 |
- |
60,792,926 |
|
Ratios |
|||||
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Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
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Structure |
|||||
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Protection |
61.51% |
|
53.92% |
|
51.72% |
|
Net Gearing |
0.90% |
|
0.23% |
|
0.10% |
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Repayment Power |
7.29% |
|
2.74% |
|
0 |
|
Capital Requirement |
124.00 day |
|
107.00 day |
|
106.00 day |
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Working Capital Requirement |
124.00 day |
|
107.00 day |
|
71.00 day |
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Net Cash |
0 |
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0 |
|
1.00 day |
|
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Performance |
|||||
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Return on Invested Capital |
55.00% |
|
48.00% |
|
48.00% |
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Return on Equity |
4.76% |
|
4.69% |
|
0.38% |
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Gross Profit |
49.62% Turnover |
|
44.26% Turnover |
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42.21% Turnover |
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Growth v's Year Ago Qtr |
-26,623,068€ |
|
395,178€ |
|
9,540,056€ |
|
Inventory Returns |
1.00 day |
|
2.00 day |
|
0 |
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Receivables Days |
88.00 day |
|
90.00 day |
|
80.00 day |
|
Payable Days |
78.00 day |
|
74.00 day |
|
82.00 day |
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SIG |
|||||
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Profit |
1.68% Turnover |
|
3.60% Turnover |
|
6.99% Turnover |
|
Gross Profit |
49.62% Turnover |
|
44.26% Turnover |
|
42.21% Turnover |
|
Wage and Salary distribution / Gross Profit |
79.28% Turnover |
|
81.76% Turnover |
|
81.77% Turnover |
|
Gross Operating Surplus |
7.31% Turnover |
|
5.66% Turnover |
|
5.41% Turnover |
|
Pre-tax Income |
4.75% Turnover |
|
4.71% Turnover |
|
4.39% Turnover |
|
Net Profit/Loss |
2.14% |
|
1.71% |
|
0.13% |
Judgements
Collective Procedures
|
Courts |
|
There are no Judgements filed against this company. |
|
Rncs |
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There are no Judgements filed against this company. |
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Bodacc |
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There are no Judgements filed against this company. |
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Preferentials Rights |
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No social security and tax office preferential right to date. |
Group Structure
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Ultimate Parent |
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Ultimate Parent Company |
INGERSOLL |
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Companies in Group |
14 |
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Company Name |
Country |
Share |
Latest Annual Accounts |
|
INGERSOLL |
|
- |
N/A |
|
CISA |
|
100 % |
N/A |
|
ABS RICA |
418363883 |
100 % |
31/12/2008 |
|
BRICARD |
399802024 |
100 % |
31/12/2009 |
|
CACIR |
379258536 |
100 % |
31/12/2009 |
|
COMPAGNIE INGERSOLL |
552006546 |
100 % |
31/12/2009 |
|
INGERSOLL |
490868106 |
100 % |
31/12/2009 |
|
INGERSOLL RAND EQUIPEMENTS DE PRODUCTION |
351490560 |
100 % |
31/12/2009 |
|
IR SERVICES |
421254046 |
100 % |
31/12/2009 |
|
KOXKA |
422296210 |
100 % |
31/12/2009 |
|
NORMBAU |
728502105 |
100 % |
31/12/2008 |
|
-TRANE |
306050188 |
100 % |
31/12/2009 |
|
TRANE SERVICE COMPANY |
|
100 % |
N/A |
|
TRANE |
418100038 |
100 % |
31/12/2009 |
Event history
|
Status history |
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No status history for this company. |
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Recent Publications in Gazettes |
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Publication Date |
Gazette Name |
Description |
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07/04/2011 |
B |
Modification et mutation diverse |
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88 - |
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28/12/2010 |
C |
Comptes annuels et rapports |
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88 - |
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25/11/2009 |
C |
Comptes annuels et rapports |
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88 - |
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14/05/2009 |
B |
Modification et mutation diverse |
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88 - |
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05/01/2009 |
C |
Comptes annuels et rapports |
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88 - |
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04/10/2007 |
C |
Avis de dépôt des comptes |
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8154 - 306 050
188. RCS Epinal SOCIETE TRANE. Forme: Société par actions simplifiée. Adresse
du siège social: 1 rue des Amériques 88190 Golbey. Comptes annuels et
rapports de l'exercice clos le: 31 décembre 2006. |
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28/10/2006 |
C |
Avis de dépôt des comptes |
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9242 - RCS
Epinal B 306 050 188. RC 60-B 18. SOCIETE TRANE. Forme: SOCIETE PAR ACTIONS
SIMPLIFIEE. Adresse du siège social: 1, rue des Ameriques,88190 Golbey.
Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005. |
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20/11/2005 |
C |
Avis de dépôt des comptes |
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5022 - RCS
Epinal B 306 050 188. RC 60-B 18. SOCIETE TRANE. Forme: SOCIETE PAR ACTIONS
SIMPLIFIEE. Adresse du siège social: 1, rue des Ameriques,88190 Golbey.
Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004. |
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01/07/2004 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 018 SOCIETE TRANE. Forme : S.A.S. Capital : 38 961 860
euros. Adresse du siège social : 1 rue des Amériques, 88190 Golbey.
Administration : anciens administrateurs |
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18/02/2004 |
B |
Modifications et mutations diverses |
|
Ancienne
situation du siège social. RCS Epinal B 306050188 RC 60-B 018 SOCIETE TRANE.
Forme : S.A. Capital : 61 005 000 euros. Adresse : 1 rue des Amériques, 88190
Golbey Nouvelle situation du siège social. Capital : 39 961 860 euros. Date
d'effet : 18 décembre 2003. |
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02/12/2003 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 018 SOCIETE TRANE. Forme : S.A. Capital : 61 005 000 euros.
Adresse du siège social : 1 rue des Amériques, 88190 Golbey. Administration :
nouveau représentant permanent de la |
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16/01/2003 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 018 SOCIETE TRANE. Forme : S.A. Capital : 61 005 000 euros.
Adresse du siège social : 1 rue des Amériques, 88190 Golbey. Administration :
changement de représentant permanent de la STE AMSTAN CORPORATION,
administrateur. Ancien : CAPPARIS (Michael). Nouveau : JUHASZ ( Robert). Date
d'effet : 12 juin 2002. |
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21/05/2002 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 018 SOCIETE TRANE. Forme : S.A. Capital : 61 005 000 euros.
Adresse du siège social : 1 rue des Amériques, 88190 Golbey. Administration :
ancien représentant permanent de la STE AMSTAN CORPORATION, administrateur :
DUCHENE (Pierre, Louis) . Nouveau représentant permanent de la STE AMSTAN
CORPORATION, administrateur : CAPPARIS (Michael). Ancien représentant permanent
de la STE WABCO STANDARD FRENCH HOLDING S.A.R.L., administrateur SHARP
(John). Nouveau représentant permanent de la STE WABCO STANDARD FRENCH
HOLDING S.A.R.L., administrateur ROBERTS ( |
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13/03/2001 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 88 SOCIETE TRANE. Forme : S.A. Capital : 61 005 000 Eur
(fixe). Adresse du siège social : 1, rue des Amériques, 88190 Golbey.
Commentaires : augmentation du capital converti en Eur, soit 61 005 000 Eur.
Administration : ancien administrateur : HILGER (Daniel) nouvel
administrateur : CARMONA ( Georges), représentant permanent |
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26/06/1999 |
B |
Modifications et mutations diverses |
|
RCS Epinal B
306050188 RC 60-B 018 SOCIETE TRANE. Forme : S.A. Capital : 41 500 000 F.
Adresse du siège social : 1 rue des Amériques, 88190 Golbey. Administration :
nomination de SHARP ( John), représentant permanent de la STE WABCO STANDARD
FRENCH HOLDING, en remplacement de |
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13/03/1999 |
B |
Modifications et mutations diverses |
|
RCS Epinal B 306
050 188 RC 60-B 018 SOCIETE TRANE. Forme : S.A. Capital : 41 500 000 F.
Adresse du siège social : 1 rue des Amériques 88190 Golbey. Administration :
nomination en qualité de P.-D.G. : WROBEL (Guy), déjà administrateur, en
remplacement de ACHENBACH (Bruce). Date d'effet : 17 décembre 1998. |
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11/10/1996 |
B |
Modifications et mutations diverses |
|
RCS Epinal b
306050188 RC 60-b 18 societe trane. Forme : S.A. Capital : 41 500 000 F.
Adresse du siège social : 1, rue des Amériques, 88190 Golbey. Administration
: ancien président- directeur général : HILGER (Daniel) nouveau
président-directeur général : ACHENBACH (Bruce). HILGER (Daniel) devient
représentant permanent au sein |
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19/03/1995 |
B |
Modifications et mutations diverses |
|
RCS Epinal B 306
050 188 RC 60-B 18 SOCIETE TRANE. Forme : S.A. Capital : 41 500 000 F (fixe).
Adresse du siège social : 1, rue des Amériques, 88190 Golbey. Commentaires :
capital porté de 83 000 000 de F à 41 500 000 F. Date d'effet : 28 décembre
1994. |
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Company events
history |
|
|
Date |
Description |
|
07/04/2011 |
Bodacc B: Various editing or changing |
|
04/03/2011 |
Legal Gazette: Resignation / Revocation of
the social representative |
|
14/02/2011 |
Legal Gazette: Appointment of the social
representative |
|
28/01/2011 |
Legal Gazette: Resignation / Revocation of
the social representative |
|
28/12/2010 |
Bodacc C : Deposit accounts notice |
|
31/12/2009 |
New accounts available |
|
25/11/2009 |
Bodacc C : Deposit accounts notice |
|
14/05/2009 |
Bodacc B: Various editing or changing |
|
17/04/2009 |
Amendment |
|
17/04/2009 |
Minutes of general meeting of shareholders |
|
17/04/2009 |
Private document |
|
17/04/2009 |
Appointment/resignation of company
officers |
|
05/01/2009 |
Bodacc C : Deposit accounts notice |
|
31/12/2008 |
New accounts available |
|
11/11/2008 |
Payment incident closed |
|
29/07/2008 |
Payment incident detected |
|
03/07/2008 |
Application and court order |
|
12/10/2007 |
Collection of preferential rights activated for this company |
|
31/12/2006 |
New accounts available |
|
31/12/2005 |
New accounts available |
|
Establishment events history |
|
|
Date |
Description |
|
04/02/2011 |
Update Limit |
|
04/02/2011 |
Update Rating |
|
16/10/2010 |
Update Limit |
|
03/09/2010 |
Update Rating |
|
19/08/2010 |
Update Rating |
|
29/10/2009 |
Update Limit |
|
29/10/2009 |
Update Rating |
|
02/10/2009 |
Update Limit |
|
05/09/2009 |
Update Rating |
|
15/01/2009 |
Update Limit |
|
11/11/2008 |
Update Limit |
|
11/11/2008 |
Update Rating |
|
14/08/2008 |
Update Rating |
|
14/08/2008 |
Update Limit |
|
10/12/2007 |
Update Limit |
|
08/12/2007 |
Update Limit |
|
25/01/2007 |
Update Limit |
|
25/01/2007 |
Update Rating |
|
20/01/2007 |
Update Limit |
|
20/01/2007 |
Update Rating |
Directors
|
Director |
|||
|
Name |
M HENDRICKX CARLO |
Manager position |
Président |
|
Date of birth |
30/04/1951 |
Place of birth |
BEERSE(BELGIQUE) |
|
Type of manager |
Individual |
Name at birth of
manager |
|
|
Director |
|||
|
Name |
M MARCHAL PHILIPPE LOUIS EMILE |
Manager position |
Directeur général |
|
Date of birth |
28/07/1956 |
Place of birth |
|
|
Type of manager |
Individual |
Name at birth of
manager |
|
|
Director |
|||
|
Name |
CAMPAIGNOLLE PASCAL |
Manager position |
Directeur général |
|
Date of birth |
02/05/1962 |
Place of birth |
CAUDERAN |
|
Type of manager |
Individual |
Name at birth of
manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.04 |
|
|
1 |
Rs.72.20 |
|
Euro |
1 |
Rs.63.40 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.