MIRA INFORM REPORT

Report Date :

25.01.2011

IDENTIFICATION DETAILS

Name :	Omni Metal Service

Registered Office :	14 Rue De La Cellophane, Parc De La Vaucouleurs, 78711 Mantes la Ville

Country :	France

Financials (as on) :	31.12.2009

Date of Incorporation :	January, 1982

Com. Reg. No.:	32356576200024

Legal Form :	Public Limited Company with Board of Directors.

Line of Business :	Wholesale business of waste and scrap

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	€ 510000
Status :	Good
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)

France

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	32356576200024
Name	OMNI METAL SERVICE
Telephone
Fax
Legal form	Public limited company with board of directors
RCS Registration	323565762
Share Capital	200,000
Incorporation Date	01/1982
Address	14 RUE DE LA CELLOPHANE, PARC DE LA VAUCOULEURS
Postcode	78711 MANTES LA VILLE
Nationality	France

Credit Information Summary
Today's Credit Limit (€)	510,000

Judgements Summary

No judgements against this company.

Directors Summary
Directorships	3

Accounts Summary (last 3 years)
Accounts Date	31/12/2009	31/12/2008	31/12/2007
Turnover	20,172,445	224,887,659	232,388,402
Networth	3,547,591	3,231,779	3,513,470
Number of Employees	10 to 19 employees	-	-

Accounts & Ratios

Profit & Loss
Account Date	31/12/2009	%	31/12/2008	%	31/12/2007
Account period (month)	12	-	12	-	12
Account Type	Normal Account	-	Normal Account	-	Normal Account
Currency	Euro	-	Euro	-	Euro
Turnover	20,172,445	-91.0%	224,887,659	-3.2%	232,388,402
Exports	17,209,931	-82.7%	99,364,777	55.0%	64,101,031
Operating Charges	21,503,628	-90.5%	226,360,434	-1.6%	230,031,056
Operating Profit	456,859	150.9%	-897,213	-127.0%	3,327,148
Financial Income	95,856	-58.6%	231,673	50.4%	153,994
Financial Charges	225,093	104.1%	110,260	-33.7%	166,383
Pre-Tax Profit	327,622	142.2%	-775,799	-123.4%	3,314,759
Extraordinary Income	45,530	-95.3%	971,115	1,352.8%	66,846
Extraordinary Charges	49,632	-64.1%	138,242	-64.3%	386,925
Net Profit	315,812	1,624.8%	18,310	-99.0%	1,870,905

Balance Sheet
Account Date	31/12/2009	%	31/12/2008	%	31/12/2007
Assets
- Tangible assets	221,588	-28.1%	308,362	-11.1%	346,804
Intangible assets	0	-	0	-	0
Financial assets	45,986	14.9%	40,036	61.6%	24,776
Total fixed assets	267,574	-23.2%	348,398	-6.2%	371,580
Stocks	1,716,194	-2.3%	1,757,123	-40.9%	2,971,679
Receivables	5,550,000	-18.0%	6,770,566	-22.9%	8,784,795
- Trade Receivables	3,489,315	-8.3%	3,804,170	-29.2%	5,376,618
- Misc. Receivables	2,060,685	-	2,966,396	-	3,408,177
Cash	190,957	-75.7%	785,872	-89.9%	7,764,756
Misc. Current Assets	62,325	-	1,021,278	-	17,486,450
Total Current Assets	7,519,476	-27.2%	10,334,839	-72.1%	37,007,680
Liabilities
Trade Accounts Payable	683,744	-61.9%	1,796,107	-94.3%	31,624,448
Bank Loans and Liabilities	1,323,567	118.3%	606,399	421.3%	116,326
Sundry Loan and Liabilities	54	-	210,808	-	59,466
Advanced Payments Received	0	-	0	-	0
Tax and Social Liabilities	318,377	-49.2%	626,314	-63.0%	1,691,528
Miscellaneous Liabilities	842,460	-	4,008,246	-	72,400
Provisions for Risks & Charges	1,073,490	456.1%	193,022	-34.4%	294,279
Other Capital Resources	0	-	0	-	0
Share Capital	200,000	0.0%	200,000	0.0%	200,000
Revaluation Reserve	0	-	0	-	0
Other Reserves	3,347,591	-	3,031,779	-	3,313,470
Total Shareholders Funds	3,547,591	9.8%	3,231,779	-8.0%	3,513,470

Total Assets	7,789,283	-27.1%	10,683,237	-71.4%	37,379,261
Net Worth	3,547,591	-	3,231,779	-	3,513,470

Ratios
Account Date	31/12/2009	%	31/12/2008	%	31/12/2007
Structure
Protection	45.54%		30.25%		9.40%
Net Gearing	16.99%		7.65%		0.47%
Repayment Power	14.81%		-196.92%		16.57%
Capital Requirement	79.00 day		5.00 day		6.00 day
Working Capital Requirement	98.00 day		5.00 day		-6.00 day
Net Cash	-19.00 day		0		12.00 day

Performance
Return on Invested Capital	313.00%		47.00%		837.00%
Return on Equity	8.90%		0.57%		53.25%
Gross Profit	10.04% Turnover		0.84% Turnover		2.49% Turnover
Growth v's Year Ago Qtr	-204,715,214€		-7,500,743€		116,731,941€
Inventory Returns	0		0		0
Receivables Days	64.00 day		8.00 day		8.00 day
Payable Days	14.00 day		3.00 day		51.00 day

SIG
Profit	19.37% Turnover		2.05% Turnover		3.89% Turnover
Gross Profit	10.04% Turnover		0.84% Turnover		2.49% Turnover
Wage and Salary distribution / Gross Profit	52.35% Turnover		66.06% Turnover		37.49% Turnover
Gross Operating Surplus	4.16% Turnover		0.07% Turnover		1.34% Turnover
Pre-tax Income	1.62% Turnover		-0.35% Turnover		1.43% Turnover
Net Profit/Loss	1.57%		0.01%		0.81%

Liquidated or dissolved

Company is liquidated or is dissolve

Judgments

Collective Procedures

Courts

There are no Judgements filed against this company.

Rncs

There are no Judgements filed against this company.

Bodacc

There are no Judgements filed against this company.

Preferentials Rights

No social security and tax office preferential right to date.

Group Structure

No group structure for this company.

Event history

Status history

No status history for this company.

Recent Publications in Gazettes
Publication Date	Gazette Name	Description
25/11/2008	B	Modification et mutation diverse
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1275 - 323 565 762 RCS Versailles. OMNI METAL SERVICE. Forme : Société anonyme. Administration : Président du conseil d'administration et directeur général : GEMEAU Daniel modification le 16 Janvier 2003. Commissaire aux comptes titulaire : ARROUASSE Laurent en fonction le 17 Février 2005. Administrateur : GEMEAU Lydia en fonction le 11 Décembre 2006. Commissaire aux comptes suppléant : ATTIA Pierre en fonction le 03 Janvier 2008. Administrateur : RUIZ Victoriano en fonction le 12 Novembre 2008. Commentaires : Modification de représentant.

25/11/2008	B	Modification et mutation diverse
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1275 - 323 565 762 RCS Versailles. OMNI METAL SERVICE. Forme : Société anonyme. Administration : Président du conseil d'administration et directeur général : GEMEAU Daniel modification le 16 Janvier 2003. Commissaire aux comptes titulaire : ARROUASSE Laurent en fonction le 17 Février 2005. Administrateur : GEMEAU Lydia en fonction le 11 Décembre 2006. Commissaire aux comptes suppléant : ATTIA Pierre en fonction le 03 Janvier 2008. Administrateur : RUIZ Victoriano en fonction le 12 Novembre 2008. Commentaires : Modification de représentant.

07/09/2008	C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 3408 - 323565762 RCS. OMNI METAL SERVICE. Forme : Société anonyme. Adresse : 14 rue de la Cellophane 78200 Boinvilliers. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

18/01/2008	B	Modification et mutation diverse
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1192 - 323 565 762 RCS Versailles. OMNI METAL SERVICE. Forme : Société anonyme. Administration : Président du conseil d'administration et directeur général : GEMEAU Daniel modification le 16 Janvier 2003. Administrateur : GELLEE Viviane en fonction le 29 Août 2000. Commissaire aux comptes titulaire : ARROUASSE Laurent en fonction le 17 Février 2005. Administrateur : GEMEAU Lydia en fonction le 11 Décembre 2006. Commissaire aux comptes suppléant : ATTIA Pierre en fonction le 03 Janvier 2008. Commentaires : Modification de représentant.

18/01/2008	B	Modification et mutation diverse
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1192 - 323 565 762 RCS Versailles. OMNI METAL SERVICE. Forme : Société anonyme. Administration : Président du conseil d'administration et directeur général : GEMEAU Daniel modification le 16 Janvier 2003. Administrateur : GELLEE Viviane en fonction le 29 Août 2000. Commissaire aux comptes titulaire : ARROUASSE Laurent en fonction le 17 Février 2005. Administrateur : GEMEAU Lydia en fonction le 11 Décembre 2006. Commissaire aux comptes suppléant : ATTIA Pierre en fonction le 03 Janvier 2008. Commentaires : Modification de représentant.

27/09/2007	C	Avis de dépôt des comptes
824 - 323 565 762. RCS Versailles OMNI METAL SERVICE. Forme: Société anonyme. Adresse du siège social: 14 rue de la Cellophane 78200 Boinvilliers. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

24/12/2006	B	Modifications et mutations diverses
1801 - RCS Versailles B 323 565 762. RC 91-B 2248. OMNI METAL SERVICE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : GENRE (Jean, Louis). Nomination d'un administrateur : GEMEAU (Lydia).

21/11/2006	C	Avis de dépôt des comptes
1914 - RCS Versailles B 323 565 762. RC 91-B 2248. OMNI METAL SERVICE. Forme: S.A. Adresse du siège social: 14, rue de la Cellophane,78200 Mantes-la-Ville. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

24/08/2005	C	Avis de dépôt des comptes
237 - RCS Versailles B 323 565 762. RC 91-B 2248. OMNI METAL SERVICE. Forme: S.A. Adresse du siège social: 14, rue de la Cellophane,78200 Mantes-la-Ville. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

22/03/2005	B	Modifications et mutations diverses
2724 - RCS Versailles B 323 565 762. RC 91-B 2248. OMNI METAL SERVICE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : TETARD (Gabriel). Commissaire aux comptes suppléant partant : BORRETAZ (Philippe). Nomination d'un commissaire aux comptes suppléant : DAVIER (Maldovor). Nomination d'un commissaire aux comptes titulaire : ARROUASSE (Laurent).

05/10/2001	B	Modifications et mutations diverses
RCS Versailles B 323565762 RC 91-B 2248 OMNI METAL SERVICE. Forme : S.A. Capital : 200 000 euros. Commentaires : modification survenue sur le capital ( augmentation).

13/09/2000	B	Modifications et mutations diverses
RCS Versailles B 323565762 RC 91-B 2248 OMNI METAL SERVICE. Forme : S.A. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : modification du président du conseil d'administration et administrateur : GEMEAU (Daniel). Nomination d'administrateurs : GELLEE ( Viviane) ( Nom d'usage : GEMEAU) GENRE (Jean, Louis). Nomination du commissaire aux comptes titulaire : TETARD (Gabriel). Nomination du commissaire aux comptes suppléant : BORRETAZ (Philippe).

Company events history
Date	Description
31/12/2009	New accounts available
31/12/2008	New accounts available
25/11/2008	New Bodacc B ads detected
25/11/2008	Bodacc B: Various editing or changing
12/11/2008	Private document
12/11/2008	Appointment/resignation of company officers
12/11/2008	Minutes of general meeting of shareholders
12/11/2008	Changes to the Board of Directors
07/09/2008	Bodacc C : Deposit accounts notice
22/07/2008	Update of Company Activity
22/07/2008	Modification of Company Activity
18/01/2008	New Bodacc B ads detected
18/01/2008	Bodacc B: Various editing or changing
03/01/2008	New auditor
03/01/2008	Minutes of general meeting of shareholders
03/01/2008	Appointment/resignation of company officers
03/01/2008	Private document
31/12/2007	New accounts available
31/12/2006	New accounts available
11/12/2006	Appointment/resignation of company officers

Establishment events history
Date	Description
16/09/2010	Update Rating
16/09/2010	Update Limit
26/02/2010	Update of phone numbers
03/08/2009	Update Limit
04/08/2008	Update Limit
14/04/2008	Update of phone numbers
16/12/2007	Update Limit
10/12/2007	Update Limit
08/12/2007	Update Limit
28/08/2007	Update Limit
11/04/2007	Update Limit
11/04/2007	Update Rating

Directors

Director
Name	M GEMEAU DANIEL	Manager position	Directeur général
Date of birth	01/11/1949	Place of birth	SANNOIS
Type of manager	Individual	Name at birth of manager
Director
Name	MME GEMEAU LYDIA	Manager position	Administrateur
Date of birth	22/06/1980	Place of birth	MANTES L A JOLIE
Type of manager	Individual	Name at birth of manager
Director
Name	M RUIZ VICTORIANO	Manager position	Administrateur
Date of birth	14/01/1944	Place of birth	ORLEANS
Type of manager	Individual	Name at birth of manager

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.58
UK Pound	1	Rs.62.01
Euro	1	Rs.72.79

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%)

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.

company details
Company Name	OMNI METAL SERVICE
Company Number	32356576200024
Activity (APE)
Activity (APRM)
Currency	EURO (€)
Share capital	200,000
Registration Court	Versailles (78)
Legal form	Public limited company with board of directors
Court Registry Number	91 B 02248
EU VAT Number
Incorporation Date	01/1982
Formation Date	01/1982
Deregistration Date
Last account Date	31/12/2009
Nationality	France

Establishment details
Postal Address	14 RUE DE LA CELLOPHANE,PARC DE LA VAUCOULEURS 78711 MANTES LA VILLE,
Trading Address	14 RUE DE LA CELLOPHANE,PARC DE LA VAUCOULEURS 78711 MANTES LA VILLE,
Telephone
Fax
Type	Head office (one site company)
Status	Economically active
Formation Date	01/1982
Reason for formation	Formation
Closure Date
Reason for closure
Reactivation Date
Production Role
Activity Nature	-
Activity Location	Other
Location Service
Seasonality

Workforces
Workforce at address	10 to 19 employees
Company workforce	10 to 19 employees

Company Summary

Company Information

Accounts & Ratios

Judgments

Group Structure

Event history

Directors

Unit