MIRA INFORM REPORT
|
Report Date : |
17.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
ROSEDIAM |
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Registered Office : |
Hoveniersstraat 2 B.127, Antwerpen, 2018 |
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Country : |
Belgium |
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Financials (as on) : |
31.03.2010 |
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Year of Establishment : |
1985 |
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Com. Reg. No.: |
427999929 |
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Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Wholesale of other intermediate products |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
---- |
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Belgium |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company name & address
Rosediam
Hoveniersstraat 2 B.127
Antwerpen, 2018
Belgium
Tel: 03 234 24 75
Fax: 03 226 19 08
Synthesis
Employees: 1
Company Type: Private Subsidiary
Corporate Family: 71
Companies
Ultimate Parent: Omega Pharma NV
Incorporation Date: 1985
Financials in: USD
(Millions)
Fiscal Year End:
31-Mar-2010
Reporting Currency: Euro
Annual Sales: 49.4 1
Total Assets: 23.7
Business Description
Wholesale of other intermediate products
Industry
Industry Retail (Department and Discount)
ANZSIC 2006: 373 - Furniture,
Floor Covering and Other Goods Wholesaling
NACE 2002: 5156 - Wholesale
of other intermediate products
NAICS 2002: 4239 -
Miscellaneous Durable Goods Merchant Wholesalers
UK SIC 2003: 5156 - Wholesale
of other intermediate products
US SIC 1987: 509 -
Miscellaneous Durable Goods
Key Executives
|
Name |
Title |
|
Philippe Anna Richard Francois |
Representative/Auditor |
|
Ann Maria Oscarine Van Vlaenderen |
Representative/Auditor |
|
Rajendrakumar Prakashbhai Jain |
Manager |
|
Anilkumar Saghvi |
Manager |
Registered No.(VAT): 427999929
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7086099
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7390437
Corporate Overview
Location
Hoveniersstraat 2 B.127
Antwerpen, 2018
Belgium
Tel: 03 234 24 75
Fax: 03 226 19 08
Sales EUR(mil): 35.0
Assets EUR(mil): 17.5
Employees: 1
Fiscal Year End: 31-Mar-2010
Industry: Retail (Department and Discount)
Incorporation Date: 1985
Company Type: Private Subsidiary
Quoted Status: Not Quoted
Registered No.(VAT): 427999929
Contents
· Industry Codes
· Business Description
· Financial Data
Industry Codes
ANZSIC 2006 Codes:
373 - Furniture, Floor Covering and Other Goods Wholesaling
3739 - Other Goods Wholesaling Not Elsewhere Classified
NACE 2002 Codes:
5156 - Wholesale of other intermediate products
5147 - Wholesale of other household goods
NAICS 2002 Codes:
4239 - Miscellaneous Durable Goods Merchant Wholesalers
423990 - Other Miscellaneous Durable Goods Merchant Wholesalers
US SIC 1987:
509 - Miscellaneous Durable Goods
5099 - Durable Goods, Not Elsewhere Classified
UK SIC 2003:
5156 - Wholesale of other intermediate products
51479 - Wholesale of other household goods not elsewhere classified
Business
Description
Wholesale of other intermediate products
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Corporate
Family |
Corporate
Structure News: |
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Total Corporate Family Members: 71 |
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Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Nazareth |
Belgium |
Personal and Household Products |
1,163.5 |
2,130 |
|
|
Subsidiary |
Isnes |
Belgium |
Business Services |
31.8 |
174 |
|
|
Subsidiary |
Kruibeke |
Belgium |
Software and Programming |
18.4 |
98 |
|
|
Subsidiary |
Groot-Bijgaarden |
Belgium |
Retail (Grocery) |
0.0 |
26 |
|
|
Subsidiary |
Westmalle |
Belgium |
Miscellaneous Capital Goods |
6.4 |
13 |
|
|
Subsidiary |
Antwerpen |
Belgium |
Computer Hardware |
0.0 |
4 |
|
|
Subsidiary |
Aalter |
Belgium |
Computer Services |
2.3 |
|
|
|
Subsidiary |
Castillon |
Belgium |
Software and Programming |
2.2 |
13 |
|
|
Subsidiary |
Nazareth |
Belgium |
Personal and Household Products |
296.5 |
159 |
|
|
Subsidiary |
Opglabbeek |
Belgium |
Business Services |
0.0 |
16 |
|
|
Subsidiary |
Nazareth |
Belgium |
Personal and Household Products |
0.8 |
4 |
|
|
Subsidiary |
Oostkamp |
Belgium |
Retail (Drugs) |
0.0 |
2 |
|
|
Subsidiary |
Brugge |
Belgium |
Miscellaneous Capital Goods |
0.8 |
1 |
|
|
Subsidiary |
Wommelgem |
Belgium |
Software and Programming |
18.3 |
105 |
|
|
Subsidiary |
Desselgem |
Belgium |
Apparel and Accessories |
21.9 |
71 |
|
|
Subsidiary |
Waltrop |
Germany |
Personal and Household Products |
24.4 |
65 |
|
|
Subsidiary |
Wilrijk |
Belgium |
Personal and Household Products |
12.0 |
45 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Retail (Specialty) |
6.5 |
17 |
|
|
Subsidiary |
Daussois |
Belgium |
Construction and Agriculture Machinery |
0.0 |
3 |
|
|
Subsidiary |
La Hulpe |
Belgium |
Healthcare Facilities |
2.9 |
36 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Financial Services |
3.0 |
35 |
|
|
Subsidiary |
Chatelet |
Belgium |
Construction Services |
1.7 |
31 |
|
|
Subsidiary |
Waterloo |
Belgium |
Business Services |
10.8 |
24 |
|
|
Subsidiary |
Herentals |
Belgium |
Engineering Consultants |
0.0 |
22 |
|
|
Subsidiary |
Petit-Rechain |
Belgium |
Biotechnology and Drugs |
14.4 |
59 |
|
|
Subsidiary |
Fleurus |
Belgium |
Food Processing |
7.2 |
35 |
|
|
Subsidiary |
Waregem |
Belgium |
Personal and Household Products |
15.1 |
21 |
|
|
Subsidiary |
Waregem |
Belgium |
Medical Equipment and Supplies |
5.4 |
35 |
|
|
Subsidiary |
Waregem |
Belgium |
Personal and Household Products |
7.1 |
14 |
|
|
Subsidiary |
Zellik |
Belgium |
Real Estate Operations |
1.6 |
12 |
|
|
Subsidiary |
Waregem |
Belgium |
Personal and Household Products |
5.5 |
8 |
|
|
Subsidiary |
Aalst |
Belgium |
Textiles - Non Apparel |
0.0 |
8 |
|
|
Subsidiary |
Waregem |
Belgium |
Personal and Household Products |
1.2 |
4 |
|
|
Subsidiary |
Kortenberg |
Belgium |
Personal and Household Products |
2.2 |
3 |
|
|
Subsidiary |
Charleroi |
Belgium |
Retail (Specialty) |
0.0 |
3 |
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Subsidiary |
Bruxelles |
Belgium |
Retail (Apparel) |
0.0 |
|
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|
Subsidiary |
Upplands Väsby, Stockholm |
Sweden |
Personal and Household Products |
53.9 |
20 |
|
|
Subsidiary |
Brugge |
Belgium |
Chemical Manufacturing |
16.6 |
20 |
|
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Subsidiary |
Beselare |
Belgium |
Retail (Grocery) |
0.0 |
6 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Business Services |
4.6 |
17 |
|
|
Subsidiary |
Bissegem |
Belgium |
Construction Services |
3.7 |
16 |
|
|
Subsidiary |
Engis |
Belgium |
Miscellaneous Fabricated Products |
0.0 |
12 |
|
|
Subsidiary |
Waltrop |
Germany |
Personal Services |
12.4 |
10 |
|
|
Subsidiary |
Hombourg |
Belgium |
Construction - Supplies and Fixtures |
1.5 |
9 |
|
|
Subsidiary |
Namur |
Belgium |
Retail (Specialty) |
2.4 |
8 |
|
|
Subsidiary |
Sint-Martens-Latem |
Belgium |
Recreational Activities |
4.0 |
7 |
|
|
Subsidiary |
Waregem |
Belgium |
Personal and Household Products |
1.9 |
6 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Healthcare Facilities |
4.3 |
4 |
|
|
Subsidiary |
Chaumont-Gistoux |
Belgium |
Computer Services |
0.6 |
3 |
|
|
Subsidiary |
Oostakker |
Belgium |
Retail (Specialty) |
0.0 |
3 |
|
|
Subsidiary |
Wommelgem |
Belgium |
Retail (Specialty) |
3.1 |
2 |
|
|
Subsidiary |
Antwerpen |
Belgium |
Retail (Department and Discount) |
49.4 |
1 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Capital Goods |
7.1 |
1 |
|
|
Subsidiary |
Veurne |
Belgium |
Food Processing |
2.5 |
|
|
|
Subsidiary |
Veurne |
Belgium |
Food Processing |
59.1 |
104 |
|
|
Subsidiary |
Peronnes-Lez-Binche |
Belgium |
Construction Services |
0.0 |
4 |
|
|
Subsidiary |
Hooglede |
Belgium |
Construction - Raw Materials |
1.3 |
|
|
|
Subsidiary |
Schoten |
Belgium |
Consumer Financial Services |
0.3 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Retail (Drugs) |
0.0 |
|
|
|
Subsidiary |
Jambes |
Belgium |
Personal and Household Products |
0.0 |
|
|
|
Subsidiary |
Peer |
Belgium |
Construction Services |
0.0 |
61 |
|
|
Subsidiary |
Waregem |
Belgium |
Retail (Specialty) |
20.8 |
39 |
|
|
Subsidiary |
Chatillon |
France |
Personal and Household Products |
|
|
|
|
Subsidiary |
Wevelgem |
Belgium |
Biotechnology and Drugs |
16.5 |
72 |
|
|
Subsidiary |
St Denis |
France |
Personal and Household Products |
6.9 |
14 |
|
|
Omega Pharma Holding (Nederland) B.V. |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Roma, Roma (Rome) |
Italy |
Personal and Household Products |
|
51 |
|
|
Subsidiary |
Porto |
Portugal |
Personal and Household Products |
14.0 |
31 |
|
|
Subsidiary |
Espoo |
Finland |
Personal and Household Products |
9.6 |
12 |
|
|
Subsidiary |
Rotterdam, Zuid-Holland |
Netherlands |
Commercial Banks |
|
|
|
|
Subsidiary |
Rotterdam, Zuid-Holland |
Netherlands |
Personal and Household
Products |
|
5 |
Executive report
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Executives |
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Representative/Auditor |
Accounting Executive |
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Representative/Auditor |
Accounting Executive |
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Manager |
Other |
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Manager |
Other |
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Annual Profit & Loss
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.70861 |
0.707647 |
0.707132 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Turnover |
49.4 |
48.9 |
49.6 |
|
Other Operating
Income |
0.0 |
0.0 |
0.0 |
|
Operating Income |
49.4 |
48.9 |
49.6 |
|
Purchases |
50.3 |
47.2 |
47.1 |
|
Increase
or Decrease in Stocks |
-1.9 |
0.6 |
1.4 |
|
Raw Materials,
Consumables, and Goods for Release |
48.4 |
47.8 |
48.4 |
|
Services and
Sundry Goods |
0.4 |
0.4 |
0.4 |
|
Remuneration,
Social Security Charges, and Pensions |
0.1 |
0.1 |
0.1 |
|
Depreciation of
and Other Amounts Written Off of Formation Expense, Intangible and Tangible
Fixed Assets |
0.0 |
0.0 |
0.0 |
|
Increase or
Decrease in Amounts Written Off Stocks, Orders, and Trade Debtors |
0.1 |
0.0 |
0.1 |
|
Other Operating
Charges |
0.0 |
0.0 |
0.0 |
|
Operating
Charges |
48.9 |
48.3 |
49.0 |
|
Other Financial
Income |
0.0 |
0.0 |
0.0 |
|
Financial Income |
0.0 |
0.0 |
0.0 |
|
Interest and Other
Debt Charges |
0.4 |
0.5 |
0.5 |
|
Other Financial
Charges |
0.1 |
0.1 |
0.1 |
|
Financial
Charges |
0.4 |
0.6 |
0.6 |
|
Other
Extraordinary Income |
- |
0.0 |
- |
|
Extraordinary
Income |
- |
0.0 |
- |
|
Income Taxes |
0.0 |
0.0 |
0.0 |
|
Income Taxes |
0.0 |
0.0 |
0.0 |
|
Employees |
1 |
1 |
1 |
Annual Balance Sheet
Financials
in: USD (mil)
|
|
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.739044 |
0.753182 |
0.631094 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Land
& Buildings |
0.5 |
0.5 |
0.7 |
|
Plant,
Machinery, and Equipment |
0.0 |
0.0 |
0.0 |
|
Furniture
and Vehicles |
0.0 |
0.0 |
0.0 |
|
Tangible
Assets |
0.6 |
0.6 |
0.7 |
|
Shares |
0.0 |
0.0 |
0.0 |
|
Amounts
Receivable and Cash Guarantees |
0.0 |
0.0 |
0.0 |
|
Other
Capital Assets |
0.0 |
0.0 |
0.0 |
|
Capital
Assets |
0.0 |
0.0 |
0.0 |
|
Fixed Assets |
0.6 |
0.6 |
0.7 |
|
Goods
Purchased for Resale |
9.0 |
7.0 |
9.1 |
|
Stocks |
9.0 |
7.0 |
9.1 |
|
Inventory
and Orders in Progress |
9.0 |
7.0 |
9.1 |
|
Trade
Debtors |
13.8 |
14.2 |
15.2 |
|
Other
Amounts Receivable |
0.0 |
0.0 |
0.0 |
|
Amounts
Receivable Within One Year |
13.8 |
14.2 |
15.2 |
|
Liquid
Assets |
0.3 |
0.5 |
0.2 |
|
Adjustment
Accounts |
0.0 |
0.0 |
0.0 |
|
Current Assets |
23.1 |
21.7 |
24.6 |
|
Total Assets |
23.7 |
22.3 |
25.3 |
|
Issued
Capital |
0.0 |
0.0 |
0.0 |
|
Capital |
0.0 |
0.0 |
0.0 |
|
Gain
From Revaluation of Assets |
0.3 |
0.3 |
0.4 |
|
Legal
Reserve |
0.0 |
0.0 |
0.0 |
|
Other |
2.0 |
2.0 |
2.4 |
|
Reserves
Not Available for Distribution |
2.0 |
2.0 |
2.4 |
|
Reserves
Available for Distribution |
0.5 |
0.5 |
0.6 |
|
Reserves |
2.6 |
2.5 |
3.0 |
|
Capital and
Reserves |
2.9 |
2.8 |
3.3 |
|
Current
Portion of Amounts Payable After More Than One Year |
- |
- |
0.0 |
|
Credit
Institutions |
10.0 |
10.2 |
7.6 |
|
Financial
Debts |
10.0 |
10.2 |
7.6 |
|
Suppliers |
8.8 |
7.3 |
12.4 |
|
Trade
Debts |
8.8 |
7.3 |
12.4 |
|
Taxes |
0.0 |
0.0 |
0.0 |
|
Remuneration
and Social Security |
0.0 |
0.0 |
0.0 |
|
Taxes,
Wages, and Social Security |
0.0 |
0.0 |
0.0 |
|
Other
Amounts Payable |
1.9 |
1.9 |
1.9 |
|
Amounts
Payable Within One Year |
20.7 |
19.5 |
21.9 |
|
Adjustment
Accounts |
0.0 |
0.0 |
0.1 |
|
Creditors |
20.8 |
19.5 |
21.9 |
|
Total
Liabilities + Shareholders' Equity |
23.7 |
22.3 |
25.3 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.25 |
|
UK Pound |
1 |
Rs.73.88 |
|
Euro |
1 |
Rs.65.06 |
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.