MIRA INFORM REPORT
|
Report Date : |
30.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
SHANE BVBA |
|
|
|
|
Registered Office : |
30, Hoveniersstraat, Antwerpen |
|
|
|
|
Country : |
Belgium |
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|
|
|
Financials (as on) : |
31.12.2009 |
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|
|
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Date of Incorporation : |
28.12.2007 |
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|
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Com. Reg. No.: |
894558150 |
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|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business : |
Wholesale of diamonds and other precious stones |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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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) |
|
Belgium |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Information
|
Company Summary |
|
|
company details |
|
|
Company Number |
894558150 |
|
Name |
SHANE BVBA |
|
Address |
30, HOVENIERSSTRAAT, ANTWERPEN |
|
Post Code |
|
|
Telephone Number |
|
|
Fax Number |
-- |
|
Establishment Date |
28-12-2007 |
|
Company Status |
ACTIVE |
|
Company Type |
Private limited liability company |
|
Number of Employees |
0 |
|
Activity Description |
Wholesale of diamonds and other precious stones |
|
Activity Code |
46761 |
|
Liable For Vat |
yes |
|
Currency |
Euro (€) |
|
Latest Branch Details |
|
|
Street |
-- |
|
House Number |
|
|
City |
-- |
|
Postal Code |
|
|
Trade Registered Number |
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|
Trade Registered Entry Date |
-- |
|
Contractor Details |
|
|
Registration Number |
-- |
|
Contractor Description |
-- |
|
Striking Off Date |
-- |
|
Latest Event |
|
|
Serial Number |
57669 |
|
Event Description |
Take-over from partial scission of |
|
Limit |
|
|
Credit Information |
|
|
Purchase Limit (€) |
|
|
Industry Comparison |
|
|
Industry Average Credit Limit (€) |
160,643 |
|
Payment Expectations |
|
|
Payment Expectations |
|
|
Payment Expectation Days |
|
|
Day Sales Outstanding |
|
|
Industry Comparison |
|
|
Activity Code |
4676 |
|
Activity Description |
Wholesale of other intermediate products |
|
Industry Average
Day Sales Outstanding |
124.66 |
|
Industry Average
Payment Expectation Days |
137 |
|
Industry Quartile Analysis |
|
|
Payment
Expectations - Lower |
41.25 |
|
Payment
Expectations - Median |
90.32 |
|
Payment
Expectations - Upper |
162.53 |
|
|
|
|
Day Sales
Outstanding - Lower |
31.52 |
|
Day Sales Outstanding - Median |
75.21 |
|
Day Sales Outstanding - Upper |
158.58 |
|
Company Shareholder Holding |
|
|
Shareholder Detail |
|
|
Company Number |
4702718 |
|
Company Name |
AKASH FINANCE HOLDING LIMITED |
|
Address |
3806 CENTRAL PLAZA 18 HARBOUR RD WAN, HONG KONG |
|
Postal Code |
0 |
|
Country |
|
|
Share Percentage |
|
|
Annual Accounts Date |
-- |
Company Accounts
|
Period |
||
|
Accounts End Date |
31-12-2009 |
31-12-2008 |
|
Currency |
EUR |
EUR |
|
Weeks |
52 |
52 |
|
Profit & Loss |
||
|
Turnover |
- |
- |
|
Total Operating Expenses |
- |
- |
|
Operating Result |
46,942 |
3,881 |
|
Total Financial Income |
- |
16 |
|
Total Financial Expenses |
5,025 |
417 |
|
Results on Ordinary Operations Before Tax |
41,917 |
3,480 |
|
Taxation |
14,581 |
880 |
|
Results on Ordinary Operations After Tax |
27,336 |
2,600 |
|
Extraordinary Items |
0 |
0 |
|
Net Result |
27,335 |
2,600 |
|
Other Information |
||
|
Dividends |
- |
- |
|
Director Remuneration |
- |
- |
|
Employee Costs |
0 |
0 |
|
- Wages & Salaries |
- |
- |
|
- Employee Pension Costs |
- |
- |
|
- Social Security Contributions |
- |
- |
|
- Other Employee Costs |
- |
- |
|
Amortization & Depreciation |
- |
- |
|
Balance Sheet |
||
|
Intangible Fixed Assets |
0 |
0 |
|
Tangible Fixed Assets |
0 |
0 |
|
- Land And Buildings |
0 |
0 |
|
- Plant And Machinery |
0 |
0 |
|
- Other Tangible Assets |
0 |
0 |
|
Financial Fixed Assets |
0 |
0 |
|
Total Fixed Assets |
0 |
0 |
|
Inventories |
1,537,333 |
185,501 |
|
- Raw Materials & Consumables |
0 |
0 |
|
- Work in Progress |
0 |
0 |
|
- Finished Goods |
0 |
0 |
|
- Other Stocks |
1,537,333 |
185,501 |
|
Trade Debtors |
5,426,176 |
620,486 |
|
Cash |
363,892 |
57,660 |
|
- Miscellaneous Current Assets |
1 |
0 |
|
Total Current Assets |
7,342,729 |
864,595 |
|
Current Liabilities |
||
|
- Trade Creditors |
7,279,322 |
722,837 |
|
- Short Term Group Loans |
0 |
0 |
|
- Other Short Term Loans |
0 |
0 |
|
- Miscellaneous Current Liabilities |
14,820 |
120,608 |
|
Total Current Liabilities |
7,294,142 |
843,445 |
|
Long Term Debts |
||
|
- Long Term Group Loans |
0 |
0 |
|
- Other Long Term Loans |
0 |
0 |
|
- Other Long Term Liabilities |
101 |
0 |
|
Total Long Term Debts |
101 |
0 |
|
Shareholders Equity |
||
|
- Issued Share Capital |
18,550 |
18,550 |
|
- Share Premium Account |
0 |
0 |
|
- Reserves |
29,935 |
2,600 |
|
- Revaluation Reserve |
0 |
0 |
|
Total Shareholders Equity |
48,485 |
21,150 |
|
|
||
|
Working Capital |
48,587 |
21,150 |
|
Net Worth |
48,485 |
21,150 |
|
Ratio Analysis |
||
|
Trading Performance |
||
|
Results on Ordinary Operations Before Taxation Margin |
- |
- |
|
Return On Capital Employed |
86.27 |
16.45 |
|
Return On Total Assets Employed |
0.57 |
0.40 |
|
Return On Net Assets Employed |
86.27 |
16.45 |
|
Sales / Net Working Capital |
- |
- |
|
Operating Efficiency |
||
|
Stock Turnover Ratio |
- |
- |
|
Debtor Days |
- |
- |
|
Creditor Days |
- |
- |
|
Short Term Stability |
||
|
Current Ratio |
1.01 |
1.03 |
|
Liquidity Ratio / Acid Ratio |
0.80 |
0.81 |
|
Current Debt Ratio |
150.44 |
39.88 |
|
Long Term Stability |
||
|
Gearing |
0 |
0 |
|
Equity In Percentage |
0.01 |
0.02 |
|
Total Debt Ratio |
0 |
0 |
Company Court Data
|
Protested Bills |
|
|
Drawee Name |
-- |
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Drawee Address |
-- |
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Bill Amount |
|
|
Bill Currency |
-- |
|
Maturity of Bill (month) |
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Name of Drawer |
-- |
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City of Drawer |
-- |
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NSSO Details |
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Name of Defendant |
-- |
|
Legal Form of Defendant |
-- |
|
Date of Summons |
|
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Labour Court |
-- |
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Directors |
|
|
Company Director |
|
|
Full Name |
SALIL PRASAN MANILAL |
|
Birth Date |
|
|
Position Description |
Manager |
|
Address |
240 47TH STREET 100017 NEW YORK |
|
Country |
United States |
|
Postal Code |
0 |
|
Birth Date |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.38 |
|
UK Pound |
1 |
Rs.73.88 |
|
Euro |
1 |
Rs.65.83 |
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 |
|
---- |
NB |
New Business |
---- |
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.