MIRA INFORM
REPORT
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Report Date : |
25.02.2011 |
IDENTIFICATION DETAILS
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Name : |
SHIVANI |
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Registered Office : |
1, Schupstraat, Antwerpen |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
12.08.2008 |
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Com. Reg. No.: |
899850291 |
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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 |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
|
Off-credit |
D |
Company
Information
|
Company Summary |
|
|
company details |
|
|
Company Number |
899850291 |
|
Name |
SHIVANI |
|
Address |
1, SCHUPSTRAAT, ANTWERPEN |
|
Post Code |
|
|
Telephone Number |
032303521 |
|
Fax Number |
-- |
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Establishment Date |
12-08-2008 |
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Company Status |
ACTIVE |
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Company Type |
Private limited liability company |
|
Number of Employees |
0 |
|
Activity Description |
Wholesale of diamonds and other precious stones |
|
Activity Code |
46761 |
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Liable For Vat |
yes |
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Currency |
Euro (€) |
|
Latest Branch Details |
|
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Street |
-- |
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House Number |
|
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City |
-- |
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Postal Code |
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Trade Registered Number |
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Trade Registered Entry Date |
-- |
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Contractor Details |
|
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Registration Number |
-- |
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Contractor Description |
-- |
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Striking Off Date |
-- |
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Latest Event |
|
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Serial Number |
157789 |
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Event Description |
Transfer of registered office |
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Limit |
|
|
Credit Information |
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Credit Limit (€) |
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Purchase Limit (€) |
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Industry Comparison |
|
|
Industry Average Credit Limit (€) |
136,735 |
|
Payment Expectations |
|
|
Payment Expectations |
|
|
Payment Expectation Days |
172.37 |
|
Day Sales Outstanding |
111.02 |
|
Industry Comparison |
|
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Activity Code |
4676 |
|
Activity Description |
Wholesale of other intermediate products |
|
Industry Average Day Sales Outstanding |
124.71 |
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Industry Average Payment Expectation Days |
135.58 |
|
Industry Quartile Analysis |
|
|
Payment Expectations - Lower |
41.24 |
|
Payment Expectations - Median |
89.78 |
|
Payment Expectations - Upper |
161.90 |
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|
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Day Sales Outstanding - Lower |
31.74 |
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Day Sales Outstanding - Median |
74.99 |
|
Day Sales Outstanding - Upper |
157.96 |
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Company Shareholder Holding |
|
Company Accounts
|
Period |
|
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Accounts End Date |
31-12-2009 |
|
Currency |
EUR |
|
Weeks |
52 |
|
Profit & Loss |
|
|
Turnover |
2,530,552 |
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Total Operating Expenses |
2,523,395 |
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Operating Result |
7,157 |
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Total Financial Income |
16 |
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Total Financial Expenses |
6,236 |
|
Results on Ordinary Operations Before Tax |
937 |
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Taxation |
- |
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Results on Ordinary Operations After Tax |
937 |
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Extraordinary Items |
0 |
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Net Result |
937 |
|
Other Information |
|
|
Dividends |
- |
|
Director Remuneration |
- |
|
Employee Costs |
0 |
|
- Wages & Salaries |
- |
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- Employee Pension Costs |
- |
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- Social Security Contributions |
- |
|
- Other Employee Costs |
- |
|
Amortization & Depreciation |
2,365 |
|
Balance Sheet |
|
|
Intangible Fixed Assets |
0 |
|
Tangible Fixed Assets |
2,870 |
|
- Land And Buildings |
0 |
|
- Plant And Machinery |
0 |
|
- Other Tangible Assets |
2,870 |
|
Financial Fixed Assets |
0 |
|
Total Fixed Assets |
2,870 |
|
Inventories |
1,139,936 |
|
- Raw Materials & Consumables |
0 |
|
- Work in Progress |
0 |
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- Finished Goods |
0 |
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- Other Stocks |
1,139,936 |
|
Trade Debtors |
769,738 |
|
Cash |
44,579 |
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- Miscellaneous Current Assets |
0 |
|
Total Current Assets |
1,965,080 |
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Current Liabilities |
|
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- Trade Creditors |
1,191,649 |
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- Short Term Group Loans |
0 |
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- Other Short Term Loans |
590,032 |
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- Miscellaneous Current Liabilities |
165,333 |
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Total Current Liabilities |
1,947,014 |
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Long Term Debts |
|
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- Long Term Group Loans |
0 |
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- Other Long Term Loans |
0 |
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- Other Long Term Liabilities |
0 |
|
Total Long Term Debts |
0 |
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Shareholders Equity |
|
|
- Issued Share Capital |
20,000 |
|
- Share Premium Account |
0 |
|
- Reserves |
937 |
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- Revaluation Reserve |
0 |
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Total Shareholders Equity |
20,937 |
|
|
|
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Working Capital |
18,066 |
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Net Worth |
20,937 |
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Ratio Analysis |
|
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Trading Performance |
|
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Results on Ordinary Operations Before Taxation Margin |
0.04 |
|
Return On Capital Employed |
4.48 |
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Return On Total Assets Employed |
0.05 |
|
Return On Net Assets Employed |
5.19 |
|
Sales / Net Working Capital |
140.07 |
|
Operating Efficiency |
|
|
Stock Turnover Ratio |
45.05 |
|
Debtor Days |
111.02 |
|
Creditor Days |
172.37 |
|
Short Term Stability |
|
|
Current Ratio |
1.01 |
|
Liquidity Ratio / Acid Ratio |
0.42 |
|
Current Debt Ratio |
92.99 |
|
Long Term Stability |
|
|
Gearing |
2818.13 |
|
Equity In Percentage |
0.01 |
|
Total Debt Ratio |
28.18 |
Company Court Data
|
Protested Bills |
|
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Drawee Name |
-- |
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Drawee Address |
-- |
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Bill Amount |
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Bill Currency |
-- |
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Maturity of Bill (month) |
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Name of Drawer |
-- |
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City of |
-- |
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NSSO Details |
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Name of Defendant |
-- |
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Legal Form of Defendant |
-- |
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Date of Summons |
|
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|
-- |
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Directors |
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Company Director |
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Full Name |
HIMANSHU BABULAL MEHTA |
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Birth Date |
|
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Position Description |
Manager |
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Address |
45 QUINTEN MATSIJSLEI ANTWERPEN |
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Country |
-- |
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Postal Code |
2018 |
|
Birth Date |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.37 |
|
|
1 |
Rs.73.54 |
|
Euro |
1 |
Rs.62.39 |
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 |
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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.