MIRA INFORM
REPORT
|
Report Date : |
12.01.2011 |
IDENTIFICATION DETAILS
|
Name : |
PORTON |
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|
|
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Registered Office : |
100, Steenweg Op Gierle, Turnhout |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
19.08.2008 |
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Com. Reg. No.: |
899916015 |
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Legal Form : |
Limited Company |
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Line of Business : |
Agents involved in the sale of furniture, household goods, hardware and ironmongery |
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 : |
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Information
|
Company Summary |
|
|
company details |
|
|
Company Number |
899916015 |
|
Name |
PORTON |
|
Address |
100, STEENWEG OP GIERLE, TURNHOUT |
|
Post Code |
|
|
Telephone Number |
014372061 |
|
Fax Number |
-- |
|
Establishment Date |
19-08-2008 |
|
Company Status |
ACTIVE |
|
Company Type |
Limited company |
|
Number of Employees |
0 |
|
Activity Description |
Agents involved in the sale of furniture, household goods, hardware
and ironmongery |
|
Activity Code |
46150 |
|
Liable For Vat |
yes |
|
Currency |
Euro (€) |
|
Latest Branch Details |
|
|
Street |
-- |
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House Number |
|
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City |
-- |
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Postal Code |
|
|
Trade Registered Number |
|
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Trade Registered Entry Date |
-- |
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Contractor Details |
|
|
Registration Number |
-- |
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Contractor Description |
-- |
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Striking Off Date |
-- |
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Latest Event |
|
|
Serial Number |
85401 |
|
Event Description |
Transfer of registered office |
|
Limit |
|
|
Credit Limit (€) |
|
|
Purchase Limit (€) |
|
|
Industry Comparison |
|
|
Industry Average Credit Limit (€) |
3,769 |
|
Payment Expectations |
|
|
Payment Expectations |
|
|
Payment Expectation Days |
|
|
Day Sales Outstanding |
|
|
Industry Comparison |
|
|
Activity Code |
4615 |
|
Activity Description |
Agents involved in the sale of furniture, household goods, hardware
and ironmongery |
|
Industry Average Day Sales Outstanding |
70.27 |
|
Industry Average Payment Expectation Days |
65.72 |
|
Industry Quartile Analysis |
|
|
Payment Expectations - Lower |
17.45 |
|
Payment Expectations - Median |
47.65 |
|
Payment Expectations - Upper |
88.79 |
|
|
|
|
Day Sales Outstanding - Lower |
12.81 |
|
Day Sales Outstanding - Median |
35.57 |
|
Day Sales Outstanding - Upper |
81.36 |
|
Company Shareholder Holding |
|
Company Accounts
|
Period |
|
|
Accounts End Date |
31-12-2009 |
|
Currency |
EUR |
|
Weeks |
52 |
|
Profit & Loss |
|
|
Turnover |
- |
|
Total Operating Expenses |
- |
|
Operating Result |
1,490,243 |
|
Total Financial Income |
507,237 |
|
Total Financial Expenses |
488,191 |
|
Results on Ordinary Operations Before Tax |
1,509,288 |
|
Taxation |
552,749 |
|
Results on Ordinary Operations After Tax |
956,539 |
|
Extraordinary Items |
0 |
|
Net Result |
956,539 |
|
Other Information |
|
|
Dividends |
- |
|
Director Remuneration |
- |
|
Employee Costs |
375 |
|
- Wages & Salaries |
- |
|
- Employee Pension Costs |
- |
|
- Social Security Contributions |
- |
|
- Other Employee Costs |
375 |
|
Amortization & Depreciation |
4,656 |
|
Balance Sheet |
|
|
Intangible Fixed Assets |
0 |
|
Tangible Fixed Assets |
7,347 |
|
- Land And Buildings |
0 |
|
- Plant And Machinery |
0 |
|
- Other Tangible Assets |
7,347 |
|
Financial Fixed Assets |
0 |
|
Total Fixed Assets |
7,347 |
|
Inventories |
0 |
|
- Raw Materials & Consumables |
0 |
|
- Work in Progress |
0 |
|
- Finished Goods |
0 |
|
- Other Stocks |
0 |
|
Trade Debtors |
4,988,951 |
|
Cash |
1,357,813 |
|
- Miscellaneous Current Assets |
0 |
|
Total Current Assets |
6,358,825 |
|
Current Liabilities |
|
|
- Trade Creditors |
4,724,884 |
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- Short Term Group Loans |
0 |
|
- Other Short Term Loans |
0 |
|
- Miscellaneous Current Liabilities |
559,749 |
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Total Current Liabilities |
5,284,633 |
|
Long Term Debts |
|
|
- Long Term Group Loans |
0 |
|
- Other Long Term Loans |
0 |
|
- Other Long Term Liabilities |
0 |
|
Total Long Term Debts |
0 |
|
Shareholders Equity |
|
|
- Issued Share Capital |
125,000 |
|
- Share Premium Account |
0 |
|
- Reserves |
956,539 |
|
- Revaluation Reserve |
0 |
|
Total Shareholders Equity |
1,081,539 |
|
|
|
|
Working Capital |
1,074,192 |
|
Net Worth |
1,081,539 |
|
Ratio Analysis |
|
|
Trading Performance |
|
|
Results on Ordinary Operations Before Taxation Margin |
- |
|
Return On Capital Employed |
139.55 |
|
Return On Total Assets Employed |
23.71 |
|
Return On Net Assets Employed |
140.50 |
|
Sales / Net Working Capital |
- |
|
Operating Efficiency |
|
|
Stock Turnover Ratio |
- |
|
Debtor Days |
- |
|
Creditor Days |
- |
|
Short Term Stability |
|
|
Current Ratio |
1.20 |
|
Liquidity Ratio / Acid Ratio |
1.20 |
|
Current Debt Ratio |
4.89 |
|
Long Term Stability |
|
|
Gearing |
0 |
|
Equity In Percentage |
0.17 |
|
Total Debt Ratio |
0 |
Company Court Data
|
Protested Bills |
|
|
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 |
|
|
Name of Defendant |
-- |
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Legal Form of Defendant |
-- |
|
Date of Summons |
|
|
|
-- |
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Directors |
|
|
Company Director |
|
|
Full Name |
ALOIS ANTOON LEMMENS |
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Birth Date |
1948-03-23 |
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Position Description |
Chairman of the board |
|
Address |
15 NACHTEGAALLAAN RETIE |
|
Country |
-- |
|
Postal Code |
2470 |
|
Birth Date |
2015-01-01 |
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Company Director |
|
|
Full Name |
JU NIANFENG |
|
Birth Date |
|
|
Position Description |
Director |
|
Address |
|
|
Country |
|
|
Postal Code |
0 |
|
Birth Date |
2015-01-01 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.32 |
|
|
1 |
Rs.70.54 |
|
Euro |
1 |
Rs.58.70 |
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.