MIRA INFORM
REPORT
|
Report Date : |
24.02.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
FIRMENICH SEILLANS |
|
|
|
|
Registered Office : |
Rte Usine De Seillans, |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
30.06.2009 |
|
|
|
|
Date of Incorporation : |
September, 1958 |
|
|
|
|
Com. Reg. No.: |
582850251 |
|
|
|
|
Legal Form : |
Simplified Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture
of Essential Oils |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Deregistered |
|
|
|
|
Payment
Behaviour : |
-- |
|
|
|
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
France |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Details |
|
|
Company Number |
19 5 8B000 |
|
Name |
FIRMENICH SEILLANS |
|
Telephone |
04 94 39 00 00 |
|
Fax |
|
|
Legal form |
Simplified joint stock company |
|
RCS Registration |
582850251 |
|
Share Capital |
3,160,200 |
|
Incorporation Date |
09/1958 |
|
Address |
RTE USINE DE SEILLANS, USINE DE SEILLANS |
|
Postcode |
83440 SEILLANS |
|
Nationality |
|
|
Credit Information Summary |
|
|
Credit Limit (€) |
Credit Limit not applicable |
|
Judgments Summary |
|
No judgments against this company. |
|
Directors Summary |
|
|
Directorships |
1 |
|
Accounts Summary (last 3 years) |
|||
|
Accounts Date |
30/06/2009 |
30/06/2008 |
30/04/2007 |
|
Turnover |
20,788,157 |
30,600,052 |
28,206,619 |
|
Networth |
21,577,582 |
23,691,084 |
27,880,675 |
|
Number of Employees |
50 to 99 employees |
- |
- |
Company
Information
|
company details |
|
|
Company Name |
FIRMENICH SEILLANS |
|
Company Number |
58285025100015 |
|
Activity (APE) |
|
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
3,160,200 |
|
Registration Court |
Draguignan (83) |
|
Legal form |
Simplified joint stock company |
|
Court Registry Number |
19 5 8B000 |
|
EU VAT Number |
|
|
Incorporation Date |
09/1958 |
|
Formation Date |
01/1958 |
|
Deregistration Date |
23/07/2010 |
|
Last account Date |
30/06/2009 |
|
Nationality |
|
|
Establishment details |
|
|
Postal Address |
RTE USINE DE SEILLANS,USINE DE SEILLANS |
|
Trading Address |
RTE USINE DE SEILLANS,USINE DE SEILLANS |
|
Telephone |
04 94 39 00 00 |
|
Fax |
|
|
Type |
Head office |
|
Status |
Closed |
|
Formation Date |
01/1958 |
|
Reason for formation |
|
|
Closure Date |
21/06/2010 |
|
Reason for closure |
No information |
|
Reactivation Date |
|
|
Production Role |
|
|
Activity Nature |
- |
|
Activity Location |
Other |
|
Location Service |
|
|
Seasonality |
|
|
Other establishments |
|||||||||||||||||||||||||||||||||||||||||||||||||
|
Branches |
4 branch entities in this company |
||||||||||||||||||||||||||||||||||||||||||||||||
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|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
Rationality |
Legal unit with all establishments in same area |
||||||||||||||||||||||||||||||||||||||||||||||||
|
Mono-activity status |
Legal unit having all establishments with the same main activity |
||||||||||||||||||||||||||||||||||||||||||||||||
|
Workforces |
|
|
Workforce at address |
50 to 99 employees |
|
Company workforce |
50 to 99 employees |
Accounts
& Ratios
|
Profit & Loss |
|||||
|
Account Date |
30/06/2009 |
% |
30/06/2008 |
% |
30/04/2007 |
|
Account period (month) |
12 |
- |
14 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
20,788,157 |
-32.1% |
30,600,052 |
8.5% |
28,206,619 |
|
Exports |
16,093,401 |
-31.5% |
23,501,017 |
11.2% |
21,129,758 |
|
Operating Charges |
24,648,323 |
-22.1% |
31,648,781 |
17.4% |
26,968,267 |
|
Operating Profit |
-282,846 |
-178.3% |
-101,650 |
-105.7% |
1,770,862 |
|
Financial Income |
457,596 |
-13.6% |
529,525 |
350.6% |
117,506 |
|
Financial Charges |
143,590 |
-50.6% |
290,933 |
116.4% |
134,429 |
|
Pre-Tax Profit |
31,160 |
-77.2% |
136,942 |
-92.2% |
1,753,939 |
|
Extraordinary Income |
1,458,780 |
105.7% |
709,233 |
-50.9% |
1,445,858 |
|
Extraordinary Charges |
3,603,443 |
-25.8% |
4,854,377 |
301.5% |
1,209,033 |
|
Net Profit |
-2,113,500 |
47.3% |
-4,008,202 |
-323.4% |
1,794,358 |
|
Balance Sheet |
|||||
|
Account Date |
30/06/2009 |
% |
30/06/2008 |
% |
30/04/2007 |
|
Assets |
|||||
|
- Tangible assets |
2,810,684 |
-10.3% |
3,132,289 |
-8.0% |
3,403,592 |
|
Intangible assets |
19,805 |
-22.5% |
25,542 |
-24.2% |
33,705 |
|
Financial assets |
301,444 |
116.1% |
139,501 |
-0.9% |
140,788 |
|
Total fixed assets |
3,131,933 |
-5.0% |
3,297,335 |
-7.8% |
3,578,088 |
|
Stocks |
24,631,391 |
6.8% |
23,053,508 |
10.0% |
20,954,626 |
|
Receivables |
2,384,700 |
-47.6% |
4,547,066 |
-31.1% |
6,602,891 |
|
- Trade Receivables |
2,211,178 |
-46.9% |
4,162,307 |
-33.6% |
6,272,957 |
|
- Misc. Receivables |
173,522 |
- |
384,759 |
- |
329,934 |
|
Cash |
339,662 |
-79.4% |
1,652,316 |
-34.8% |
2,534,673 |
|
Misc. Current Assets |
45,670 |
- |
481,784 |
- |
122,708 |
|
Total Current Assets |
27,401,423 |
-7.8% |
29,734,674 |
-1.6% |
30,214,898 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
943,706 |
-66.6% |
2,825,773 |
-17.1% |
3,408,605 |
|
Bank Loans and Liabilities |
1,014,732 |
31.8% |
770,042 |
-23.8% |
1,011,208 |
|
Sundry Loan and Liabilities |
|
- |
|
- |
|
|
Advanced Payments Received |
2,952 |
-93.2% |
43,351 |
144.0% |
17,768 |
|
Tax and Social Liabilities |
1,367,091 |
-20.9% |
1,727,353 |
24.6% |
1,386,797 |
|
Miscellaneous Liabilities |
|
- |
|
- |
|
|
Provisions for Risks & Charges |
5,628,780 |
41.4% |
3,981,577 |
3,320.7% |
116,395 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
3,160,200 |
0.0% |
3,160,200 |
0.0% |
3,160,200 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
18,417,382 |
- |
20,530,884 |
- |
24,720,475 |
|
Total Shareholders Funds |
21,577,582 |
-8.9% |
23,691,084 |
-15.0% |
27,880,675 |
|
|
|||||
|
Total Assets |
30,536,670 |
-7.6% |
33,041,663 |
-2.3% |
33,822,655 |
|
Net Worth |
21,557,777 |
- |
23,665,542 |
- |
27,846,970 |
|
Ratios |
|||||||
|
Account Date |
30/06/2009 |
% |
30/06/2008 |
% |
30/04/2007 |
||
|
Structure |
|||||||
|
Protection |
70.66% |
|
71.70% |
|
82.43% |
||
|
Net Gearing |
3.32% |
|
2.33% |
|
2.99% |
||
|
Repayment Power |
0 |
|
0 |
|
0 |
||
|
Capital Requirement |
417.00 day |
|
335.00 day |
|
312.00 day |
||
|
Working Capital Requirement |
429.00 day |
|
322.00 day |
|
292.00 day |
||
|
Net Cash |
-12.00 day |
|
12.00 day |
|
19.00 day |
||
|
|
|||||||
|
Performance |
|||||||
|
Return on Invested Capital |
3.00% |
|
38.00% |
|
56.00% |
||
|
Return on Equity |
-9.79% |
|
-16.92% |
|
6.44% |
||
|
Gross Profit |
30.11% Turnover |
|
28.63% Turnover |
|
28.02% Turnover |
||
|
Growth v's Year Ago Qtr |
-9,811,895€ |
|
2,393,433€ |
|
3,880,825€ |
||
|
Inventory Returns |
114.00 day |
|
16.00 day |
|
3.00 day |
||
|
Receivables Days |
38.00 day |
|
57.00 day |
|
80.00 day |
||
|
Payable Days |
21.00 day |
|
48.00 day |
|
56.00 day |
||
|
|
|||||||
|
SIG |
|||||||
|
Profit |
0 |
|
0 |
|
0 |
||
|
Gross Profit |
30.11% Turnover |
|
28.63% Turnover |
|
28.02% Turnover |
||
|
Wage and Salary distribution / Gross Profit |
87.41% Turnover |
|
76.54% Turnover |
|
64.45% Turnover |
||
|
Gross Operating Surplus |
0.94% Turnover |
|
4.18% Turnover |
|
7.10% Turnover |
||
|
Pre-tax Income |
0.15% Turnover |
|
0.45% Turnover |
|
6.22% Turnover |
||
|
Net Profit/Loss |
-10.17% |
|
-13.10% |
|
6.36% |
||
|
Behaviors payments |
Risk of outstanding: Company with at least one incident of payment
recorded |
|
|||||
Collective
Procedures
|
Courts |
|
There are no Judgments filed against this company. |
|
Rncs |
|
There are no Judgments filed against this company. |
|
Bodacc |
|
There are no Judgments filed against this company. |
|
Preferential Rights |
|
No social security and tax office preferential right to date. |
Group Structure
|
No group structure for this company. |
Event
history
|
Status history |
|
|
Date |
Description |
|
21/06/2010 |
Closed |
|
Recent Publications in Gazettes |
||
|
Publication Date |
Gazette Name |
Description |
|
11/08/2010 |
B |
Radiation |
|
83 - VAR |
||
|
|
||
|
28/12/2009 |
C |
Comptes annuels et rapports |
|
83 - VAR |
||
|
|
||
|
28/07/2009 |
B |
Modification et mutation diverse |
|
83 - VAR |
||
|
|
||
|
25/11/2008 |
C |
Comptes annuels et rapports |
|
83 - VAR |
||
|
|
||
|
27/08/2008 |
B |
Modification et mutation diverse |
|
83 - VAR |
||
|
|
||
|
27/08/2008 |
B |
Modification et mutation diverse |
|
83 - VAR |
||
|
|
||
|
13/02/2008 |
B |
Modification et mutation diverse |
|
83 - VAR |
||
|
|
||
|
13/02/2008 |
B |
Modification et mutation diverse |
|
83 - VAR |
||
|
|
||
|
15/12/2007 |
C |
|
|
8295 - 582 850
251. RCS Draguignan FIRMENICH SEILLANS. Forme: Société par actions
simplifiée. Adresse du siège social: Usine de Seillans, 83440 Seillans. Comptes
annuels et rapports de l'exercice clos le: 31 décembre 2006. |
||
|
|
||
|
15/12/2007 |
C |
Avis de dépôt des comptes |
|
8295 - 582 850 251. RCS Draguignan FIRMENICH SEILLANS. Forme: Société
par actions simplifiée. Adresse du siège social: Usine de Seillans, 83440
Seillans. Comptes annuels et rapports de l'exercice clos le: 31 décembre
2006. |
||
|
|
||
|
15/12/2007 |
C |
|
|
8295 - 582 850
251. RCS Draguignan FIRMENICH SEILLANS. Forme: Société par actions simplifiée.
Adresse du siège social: Usine de Seillans, 83440 Seillans. Comptes annuels
et rapports de l'exercice clos le: 31 décembre 2006. |
||
|
|
||
|
15/12/2007 |
C |
Avis de dépôt des comptes |
|
8295 - 582 850 251. RCS Draguignan FIRMENICH SEILLANS. Forme: Société
par actions simplifiée. Adresse du siège social: Usine de Seillans, 83440
Seillans. Comptes annuels et rapports de l'exercice clos le: 31 décembre
2006. |
||
|
|
||
|
18/11/2007 |
B |
Modifications et mutations diverses |
|
843 - RCS
Draguignan B 582 850 251. RC 58-B 25. FIRMENICH SEILLANS. Forme : S.A.S.
Adresse du siège social : usine de Seillans,, 83440 Commentaires :
modification survenue sur l'administration. Administration : président :
DESPRES (Germain) (Nom d'usage : DESPRES). Directeurs généraux : SAGNA (Mame,
Gnilane) (Nom d'usage : SAGNA) FURNER (Matthew, Howard) (Nom d'usage :
FURNER). Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS
ENTREPRISES S.A.R.L. Commissaire aux comptes suppléant : USSIGLIO-VIRETTA
(Guy) (Nom d'usage : USSIGLIO-VIRETTA). Date d'effet : 18 octobre 2007. |
||
|
|
||
|
14/09/2007 |
B |
Modifications et mutations diverses |
|
1898 - RCS Draguignan
B 582 850 251. RC 58-B 25. FIRMENICH SEILLANS. Forme : S.A.S. Adresse du
siège social : usine de Seillans,, 83440 Commentaires : modification survenue
sur la dénomination et l'administration. Administration : président : DESPRES
(Germain) (Nom d'usage : DESPRES). Directeurs généraux : SAGNA (Mame,
Gnilane) (Nom d'usage : SAGNA) FURNER (Matthew, Howard) (Nom d'usage :
FURNER). Commissaire aux comptes titulaire : DELOITTE & ASSOCIES S.A.
Commissaire aux comptes suppléant : |
||
|
|
||
|
25/11/2006 |
C |
|
|
7462 - RCS
Draguignan B 582 850 251. RC 58-B 25. DANISCO SEILLANS. Forme: SOCIETE PAR
ACTIONS SIMPLIFIEE. Adresse du siège social: Usine de Seillans,83440 Seillans.
Comptes annuels et rapports de l'exercice clos le: 30 avril 2006. |
||
|
|
||
|
25/11/2006 |
C |
Avis de dépôt des comptes |
|
7462 - RCS Draguignan B 582 850 251. RC 58-B 25. DANISCO SEILLANS. Forme:
SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: Usine de
Seillans,83440 Seillans. Comptes annuels et rapports de l'exercice clos
le: 30 avril 2006. |
||
|
|
||
|
25/11/2006 |
C |
|
|
7462 - RCS Draguignan
B 582 850 251. RC 58-B 25. DANISCO SEILLANS. Forme: SOCIETE PAR ACTIONS
SIMPLIFIEE. Adresse du siège social: Usine de Seillans,83440 Seillans.
Comptes annuels et rapports de l'exercice clos le: 30 avril 2006. |
||
|
|
||
|
25/11/2006 |
C |
Avis de dépôt des comptes |
|
7462 - RCS Draguignan B 582 850 251. RC 58-B 25. DANISCO SEILLANS.
Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: Usine de
Seillans,83440 Seillans. Comptes annuels et rapports de l'exercice clos
le: 30 avril 2006. |
||
|
|
||
|
27/12/2005 |
B |
Modifications et mutations diverses |
|
1801 - RCS
Draguignan B 582 850 251. RC 58-B 25. DANISCO SEILLANS. Forme : S.A.S.
Adresse du siège social : usine de Seillans,, 83440 Commentaires :
modification survenue sur l'administration. Administration : président :
KLEPPERS (Johannes) (Nom d'usage : KLEPPERS). Directeur général : DESPRES
(Germain) (Nom d'usage : DESPRES). Nouveau commissaire aux comptes titulaire
: DELOITTE & ASSOCIES S.A. Commissaire aux comptes suppléant : |
||
|
|
||
|
15/12/2005 |
C |
|
|
4602 - RCS
Draguignan B 582 850 251. RC 58-B 25. DANISCO SEILLANS. Forme: SOCIETE PAR
ACTIONS SIMPLIFIEE. Adresse du siège social: Usine de Seillans,83440 Seillans.
Comptes annuels et rapports de l'exercice clos le: 30 avril 2005. |
||
|
|
||
|
Company events
history |
|
|
Date |
Description |
|
11/08/2010 |
Bodacc B: Radiation |
|
23/07/2010 |
Minutes of general meeting of shareholders |
|
21/06/2010 |
Legal suspension of Company |
|
19/04/2010 |
Planned merger |
|
19/04/2010 |
Amendment |
|
09/03/2010 |
Amendment |
|
09/03/2010 |
Application and court order |
|
28/12/2009 |
Bodacc C : Deposit accounts notice |
|
09/11/2009 |
Minutes of general meeting of shareholders |
|
09/11/2009 |
Updated articles of association |
|
28/07/2009 |
Bodacc B: Various editing or changing |
|
08/07/2009 |
Minutes of general meeting of shareholders |
|
08/07/2009 |
New chairman (CEO, CoB) |
|
08/07/2009 |
Appointment/resignation of company officers |
|
08/07/2009 |
Private document |
|
30/06/2009 |
New accounts available |
|
25/11/2008 |
Bodacc C : Deposit accounts notice |
|
27/08/2008 |
New Bodacc B ads detected |
|
27/08/2008 |
Bodacc B: Various editing or changing |
|
05/08/2008 |
Minutes of general meeting of shareholders |
|
Establishment events history |
|
|
Date |
Description |
|
27/07/2010 |
Update Limit |
|
27/07/2010 |
Update Rating |
|
04/01/2010 |
Update Limit |
|
27/11/2008 |
Update Rating |
|
27/11/2008 |
Update Limit |
|
16/12/2007 |
Update Limit |
|
13/12/2007 |
Update Limit |
|
09/12/2007 |
Update Limit |
Directors
|
Director |
|||
|
Name |
M BRINKGREVE JOHAN WILLEM |
Manager position |
Président |
|
Date of birth |
01/09/1970 |
Place of birth |
GELDROP(PAYS-BAS) |
|
Type of manager |
Individual |
Name at birth of manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.20 |
|
|
1 |
Rs.73.16 |
|
Euro |
1 |
Rs.61.88 |
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 Company |
---- |
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.