MIRA INFORM REPORT

 

 

Report Date :

13.01.2011

 

IDENTIFICATION DETAILS

 

Name :

PEINEMANN EQUIPMENT B.V. 

 

 

Registered Office :

Nieuwe Langeweg 40, 3194DB Hoogvliet Rotterdam

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

06.08.1976

 

 

Com. Reg. No.:

24127475

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Renting of construction (building) and civil engineering machinery and equipment

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

€ 100.000

Status :

Satisfactory

Payment Behaviour :

No Complaints

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)

Netherlands

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CONTACTINFORMATION

 

Company name                                                                                                   Peinemann Equipment B.V.

 

Tradename                                Peinemann Equipment B.V.

 

Address                                                 Nieuwe Langeweg 40

3194DB Hoogvliet Rotterdam

Netherlands

 

Mail address                              Nieuwe Langeweg 40

3194DB Hoogvliet Rotterdam

Netherlands

 

Telephone number                      010-2955000

 

Telefax number                           010-2955049

 

E-mail address                                                                     info@peinemann.nl

 

Website                                                                                    www.peinemann.nl

 

 

CREDIT LIMIT

 

Credit limit          A credit of € 100.000 may be granted

 

 

COMPANY INFORMATION

 

Handelsregisternummer                          24127475

Registered in                                          Chamber of commerce Rotterdam

First registration                                     06-08-1976

Act of foundation                                     23-07-1976

Date of constitution                                 08-06-1983

Last change in statutes                           08-06-1983

Legal form                                              Besloten Vennootschap

Place of constitution                               Hoogvliet

Capital                                                   EUR 45.378,02

Issued capital                                         EUR 9.075,60

Paid up capital                                       EUR 9.075,60

 

Objective                                                Renting of construction (building) and civil engineering machinery and

                                                equipment (7132)

 

Formal objective                                     De import en export van, de verhuur en lease van hydraulische

bundeltrekkers en alle equipment op het gebied van maintenance, de handel in en verhuur van vorkheftrucks en kranen, opbouw en onderhoud van hydraulische bundeltrekkers op voertuigen van en voor derden.

 

(The import and export, rental and leasing of hydraulic bundle tractors and all equipment in the field of maintenance, trading and rental of forklifts and cranes, hydraulic beam construction and maintenance of tractors and vehicles for third parties.)

 

Employees                                                                                                       Total: 0

 

Bookyear                                                                      2009                              2008                                                                                                                                                                                                     2007

Number                                                                             0                                  0                      1

Change                                                                           0,00%                      -100,00%                                                     0,00%

 

 

COMPANY STRUCTURE

 

Shareholder                                            Peinemann Holding B.V.

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM Netherlands

KvK: 24175469

Active since: 18-04-1989

Percentage: 100.00%

 

Ultimate parent company                        FoundationAdministratiekantoor Peinemann

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM KvK: 41127459

 

Holding company                                    Peinemann Holding B.V.

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM KvK: 24175469

 

 

Affiliated companies                                Peinemann Kranen B.V.

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM KvK: 24085647

 

Peinemann Heftrucks B.V.

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM KvK: 24158016

 

                                                           


M.P.S. Personnel Services  B.V.

Mandenmakerstraat 154

3194DG HIGHVLIET ROTTERDAM KvK: 24260103

 

Peinemann Hoogwerkers B.V. Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM KvK: 24276000

 

Peinemann Container Handling B.V. Steenhouwerstraat 66

3194AG HIGHVLIET ROTTERDAM KvK: 24284996

 

Crepa Groep B.V. Fleminglaan 5

2289CP Rijswijk zh

KvK: 27049399

 

Bankers                                                Fortis Bankers (Netherlands) NV

 

Real estate                                             Lease

The real estate is checked at the land registration office

Object code: HIGHVLIET B 2409

Owner: PEINEMALEN HOLDING B.V. Description: Nieuwe Langeweg 40

 

 

MANAGEMENT

 

Management                                                                                           Peinemann Holding B.V.

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM Netherlands

KvK: 24175469

Authorization: Fully authorized

Position: Manager

Date appointed: 01-02-2008

 

 

L.C. Mizelmoe

Leendert Cornelis

Authorization: Limited authorization

Position: Manager

Date appointed: 01-07-1996

Date of birth: 06-07-1947

 

 

Peinemann Holding B.V. Resigned

Nieuwe Langeweg 40

3194DB HIGHVLIET ROTTERDAM Netherlands

KvK: 24175469

Position: Manager

 

 

PAYMENT INFORMATION

 

Payment experiences                                                                             No complaints are known

 

 

 

FINANCIAL INFORMATION

 

Publication financial statement                21-12-2010

 

Type of publication                                  Corporate

 

Publication                                                                                                       Steady

 

 

Core Figures

BOOK YEAR

2009

2008

2007

Quick Ratio      

0,79

0,56

0,63

Current Ratio    

1,48

1,73

1,42

Nett Working Capital / Balance Total     

0,29

0,37

0,26

Capital and Reserves / Balance Total

0,39

0,50

0,38

Capital and Reserves / Fixed assets                                              

3,85

3,82

3,23

Solvency          

0,65

0,99

0,61

Nett Working capital

1.305.137

1,423.348

1.078.000

Capital and Reserves

1.763.075

1.928.441

1.561.000

Change Capital and Reserves    

8,58%

23,54%

4,14%

change Short Term Liabilities    

39,34%

-23,80%

113,11%

Operating Profit

---

13.554.000

13.102.000

Nett Turnover

---

132.007.000

104.479.000

Annual accounts                                    The company is obligated to publish its annual accounts

 

Last annual accounts                              2009

 

Tendency                                              Changeable

 

Tendency capital and reserves

 

Capital and reserves                           2009 1.763.075

 

Total debt                                          2009 2.710.737

 

Current ratio                                       2009 1,48

 

Quick ratio                                         2009 0,79

 

Nett workingcapital                             2009 1.305.137

 

Profitability                                         Negative Solvency                                                        Positive Liquidity                                                        Positive

 

 

Current- & Quickratio

 

 

BALANCE Sheet

                                                            Currency        in    Euro

BOOKYEAR      

2009

2008

2007

End of book year

31-12.2009

31-12.2008

31-12.2008

Tangible Assets

46.424

92.775

32.000

Financial Assets

411.514

412.318

451.000

Fixed Assets

457.938

505.093

483.000

Stocks and work in progress

1.870.075

2.272.143

2.013.000

Accounts Receivable

2.145.799

547.851

1.093.000

Liquid Assets

0

548.735

525.000

Current Assets              

4.015.874

3.368.729

3.631.000

Total Assets

4.473.812

3.873.822

4.114.000

Capital And Reserves

1.763.075

1.928.441

1.561.000

Other Short Term Debts

 

 

2.553.000

Total Short Term Debt

2.710.737

1.945.381

2.553.000

Total Debt

2.710.737

1.945.381

2.553.000

Total Liabilities                       

4.473.812

3.873.822

4.114.000

 

 

 

Profit & Loss A/C

 

BOOK YEAR

 

2008

2007

Nett Turnover

 

132.007.000

104.479.000

Gross Profit

 

132.007.000

104.479.000

Operating Charges

 

118.453.000

91.377.000

Operating Profit

 

13.554.000

13.102.000

Financial Charges

 

3.873.000

3.106.000

Financial Result

 

-3.873.000

-3.106.000

Result Participations

 

-41.000

-304.000

Result before Taxes

 

9.640.000

9.692.000

Income Taxes

 

2.634.000

2.609.000

Result after Taxes

 

7.006.000

7.083.000

Nett Result

 

7.006.000

7.083.000

 

 

COMPANY STRUCTURE

 

FoundationAdministratiekantoor Peinemann (41127459) HIGHVLIET ROTTERDAM

 

Peinemann Holding B.V. (24175469) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Peinemann Kranen B.V. (24085647) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Peinemann Equipment B.V. (24127475) Hoogvliet Rotterdam

Subsidiary (100%)

 

Peinemann Heftrucks B.V. (24158016) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

M.P.S. Personnel Services B.V. (24260103) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Peinemann Hoogwerkers B.V. (24276000) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Peinemann Hoogwerksysteme            (24116611)

Subsidiary (100%)

 

All Repair Pol B.V. (24269902) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Peinemann Container Handling B.V. (24284996) HIGHVLIET ROTTERDAM

Subsidiary (100%)

 

Crepa Groep B.V. (27049399) Rijswijk zh

Subsidiary (100%)

 

Crepa Heftruck Verhuur B.V. (27095215) RIJSWIJK ZH

Subsidiary

 

Crepa B.V. (27095216) RIJSWIJK ZH

Subsidiary (100%)

 

Hefhelp B.V. (01038025) LEEUWARDEN

Subsidiary (100%)

 

Crepa Reyners Onroerend Goed B.V. (27162850) RIJSWIJK ZH

Subsidiary (100%)

 

Crepa Indapp B.V. (27286405) ASSEN

Subsidiary (100%)

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.16

UK Pound

1

Rs.70.64

Euro

1

Rs.58.68

 

 

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%)

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.