MIRA INFORM REPORT

 

 

Report Date :           

04.06.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

PRIM'STYLE

 

 

Registered Office :

Zone Le Chapelier, 38110 Saint Jean De Soudain

 

 

Country :

France

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

May 1980

 

 

Com. Reg. No.:

318867330

 

 

Legal Form :

Simplified Joint Stock Company

 

 

Line of Business :

Wholesale business furniture, carpets and fixtures

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

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 :

(€) 470,000

Status :

Very 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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

France

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

Company Summary

 

Company Details

Company Number

31886733000058

Name

PRIM'STYLE

Telephone

04 74 83 56 66

Fax

04 74 83 56 60

Legal form

Simplified joint stock company

RCS Registration

318867330

Share Capital

2,015,000

Incorporation Date

05/1980

Address

ZONE LE CHAPELIER

Postcode

38110 SAINT JEAN DE SOUDAIN

Nationality

France

 

 

Credit Information Summary

Company Status

Economically active

Credit Limit (€)

470,000

 

 

Judgements Summary

No judgements against this company.

 

 

Directors Summary

Directorships

2

 

 

Accounts Summary (last 3 years)

Accounts Date

31/12/2009

31/12/2008

31/12/2007

Turnover

18,131,364

20,757,069

21,830,701

Networth

6,421,014

3,379,140

3,581,562

Number of Employees

20 to 49 employees

-

-

 

Company Information

 

company details

Company Name

PRIM'STYLE

Company Number

31886733000058

Activity (APE)

Commerce de gros (commerce interentreprises) de meubles, de tapis et d'appareils d'éclairage

(Wholesale (business to business) furniture, carpets and fixtures)

Activity (APRM)

 

Currency

EURO (€)

Share capital

2,015,000

Registration Court

Vienne (38)

Legal form

Simplified joint stock company

Court Registry Number

19 8 0B800

EU VAT Number

FR30318867330

Incorporation Date

05/1980

Formation Date

01/1992

Deregistration Date

 

Last account Date

31/12/2009

Nationality

France

 

Establishment details

Postal Address

ZONE LE CHAPELIER,
38110 SAINT JEAN DE SOUDAIN,

Trading Address

ZONE LE CHAPELIER,
38110 SAINT JEAN DE SOUDAIN,

Telephone

04 74 83 56 66

Fax

04 74 83 56 60

Type

Head office

Status

Economically active

Formation Date

01/1992

Reason for formation

Other

Closure Date

 

Reason for closure

 

Reactivation Date

 

Production Role

 

Activity Nature

Wholesale or intermediary of trade

Activity Location

Other

Location Service

 

Seasonality

 

 

Other establishments

Branches

2 branch entities in this company

Company number

31886733000058

Company name

PRIM'STYLE

Type

Head office

Activity (ape)

Commerce de gros (commerce interentreprises) de meubles, de tapis et d'appareils d'éclairage

Post Code

38110

City

SAINT JEAN DE SOUDAIN

 

Company number

31886733000066

Company name

PRIM'STYLE

Type

Secondary establishment

Activity (ape)

Commerce de gros (commerce interentreprises) de meubles, de tapis et d'appareils d'éclairage

Post Code

38070

City

SAINT QUENTIN FALLAVIER

 

Regionality

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

20 to 49 employees

Company workforce

20 to 49 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

18,131,364

-12.6%

20,757,069

-4.9%

21,830,701

Exports

5,105,268

-11.1%

5,739,492

2.0%

5,629,392

Operating Charges

15,960,761

-13.4%

18,436,677

-12.2%

21,000,686

Operating Profit

1,989,192

-12.9%

2,283,167

-5.6%

2,417,333

Financial Income

258,246

152.7%

102,196

190.0%

35,244

Financial Charges

206,775

-64.3%

579,043

28.1%

451,902

Pre-Tax Profit

2,040,663

13.0%

1,806,319

-9.7%

2,000,675

Extraordinary Income

6,147

-99.7%

2,052,970

66,576.5%

3,079

Extraordinary Charges

235,191

-88.8%

2,097,440

2,033.3%

98,317

Net Profit

1,133,828

3.2%

1,098,448

-3.7%

1,140,819

 

Balance Sheet

Account Date

31/12/2009

%

31/12/2008

%

31/12/2007

Assets

- Tangible assets

263,441

-19.9%

328,771

-9.3%

362,646

Intangible assets

78,111

11.2%

70,235

-14.7%

82,354

Financial assets

3,088,419

73.9%

1,775,569

-0.6%

1,786,087

Total fixed assets

3,429,971

57.7%

2,174,578

-2.5%

2,231,089

Stocks

2,455,776

-15.7%

2,913,962

-7.5%

3,151,649

Receivables

3,472,103

2.2%

3,398,768

-31.2%

4,941,612

- Trade Receivables

2,432,806

-5.9%

2,585,597

-42.2%

4,477,119

- Misc. Receivables

1,039,297

-

813,171

-

464,493

Cash

1,412,487

104.9%

689,389

8.4%

635,686

Misc. Current Assets

 

-

1

-

135,792

Total Current Assets

7,340,366

4.8%

7,002,120

-21.0%

8,864,739

Liabilities

Trade Accounts Payable

1,822,704

-4.8%

1,915,538

-15.7%

2,273,436

Bank Loans and Liabilities

1,100,000

-47.3%

2,085,970

22.8%

1,698,997

Sundry Loan and Liabilities

552,154

-

860,825

-

2,274,350

Advanced Payments Received

0

-100.0%

294

-

0

Tax and Social Liabilities

554,306

-13.3%

639,036

-19.0%

788,630

Miscellaneous Liabilities

311,054

-

288,072

-

394,685

Provisions for Risks & Charges

5,184

-

0

-100.0%

70,000

Other Capital Resources

0

-

0

-

0

Share Capital

2,015,000

1,786.7%

106,800

0.0%

106,800

Revaluation Reserve

0

-

0

-

0

Other Reserves

4,406,014

-

3,272,340

-

3,474,762

Total Shareholders Funds

6,421,014

90.0%

3,379,140

-5.7%

3,581,562

 

Total Assets

10,775,521

17.4%

9,176,698

-17.3%

11,095,829

Net Worth

6,342,903

-

3,308,905

-

3,499,208

 

Ratios

Account Date

31/12/2009

%

31/12/2008

%

31/12/2007

Structure

Protection

59.59%

 

36.82%

 

32.28%

Net Gearing

15.33%

 

32.11%

 

35.81%

Repayment Power

47.09%

 

75.19%

 

218.26%

Capital Requirement

70.00 day

 

36.00 day

 

61.00 day

Working Capital Requirement

64.00 day

 

60.00 day

 

78.00 day

Net Cash

6.00 day

 

-24.00 day

 

-18.00 day

 

Performance

Return on Invested Capital

60.00%

 

107.00%

 

107.00%

Return on Equity

17.66%

 

32.51%

 

31.85%

Gross Profit

23.41% Turnover

 

22.74% Turnover

 

23.71% Turnover

Growth v's Year Ago Qtr

-2,625,705€

 

-1,073,632€

 

2,922,013€

Inventory Returns

-26.00 day

 

-13.00 day

 

52.00 day

Receivables Days

52.00 day

 

47.00 day

 

75.00 day

Payable Days

49.00 day

 

44.00 day

 

46.00 day

 

SIG

Profit

0

 

0

 

0

Gross Profit

23.41% Turnover

 

22.74% Turnover

 

23.71% Turnover

Wage and Salary distribution / Gross Profit

46.12% Turnover

 

45.99% Turnover

 

48.66% Turnover

Gross Operating Surplus

11.40% Turnover

 

11.20% Turnover

 

10.97% Turnover

Pre-tax Income

11.25% Turnover

 

8.70% Turnover

 

9.16% Turnover

Net Profit/Loss

6.25%

 

5.29%

 

5.23%

 

Judgements

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

28/04/2011

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
1559 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Administration : ALLEGRE Frédéric nom d'usage : ALLEGRE n'est plus directeur général. Activité : . Commentaires : Modification de l'administration.

 

03/09/2010

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
3919 - 318867330 RCS. PRIM'STYLE. Forme : Société par Actions Simplifiée. Adresse : zone le Chapelier 38110 Saint-Jean-de-Soudain. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

 

02/04/2010

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
1188 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Administration : BOKOBZA Sylvia Régine nom d'usage : LEFORT Sylvia devient directeur général. Commentaires : Modification de l'administration.

 

13/09/2009

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
987 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Administration : JOUFFROY Robert nom d'usage : JOUFFROY Robert n'est plus commissaire aux comptes titulaire. CECCALDI Daniel nom d'usage : CECCALDI Daniel n'est plus commissaire aux comptes suppléant. PRICEWATERHOUSECOOPERS ENTREPRISE devient commissaire aux comptes titulaire. GUILLOT Denis nom d'usage : GUILLOT Denis devient commissaire aux comptes suppléant. Commentaires : Modification de l'administration.

 

02/09/2009

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
3240 - 318867330 RCS. PRIM'STYLE. Forme : Société par Actions Simplifiée. Adresse : zone le Chapelier 38110 Saint-Jean-de-Soudain. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

 

10/07/2009

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
740 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Capital : 2015000 EUR. Commentaires : Modification du capital.

 

08/03/2009

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
638 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Administration : MAURAN Philippe nom d'usage : MAURAN Philippe n'est plus directeur général.. Commentaires : Modification de l'administration.

08/03/2009

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE
638 - 318 867 330 RCS Vienne. PRIM'STYLE. Forme : Société par Actions Simplifiée. Enseigne : PRIM'STYLE. Administration : MAURAN Philippe nom d'usage : MAURAN Philippe n'est plus directeur général.. Commentaires : Modification de l'administration.

 

13/01/2009

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE GRANDE INSTANCE
DE BOURGOIN-JALLIEU

 

08/12/2007

C

Avis de dépôt des comptes

435 - Bourgoin-Jallieu B 318 867 330. RC 80-B 47. PRIM'STYLE. Forme: S.A.S. Adresse du siège social: zone Le Chapelier,38110 Saint-Jean-de-Soudain. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

 

12/04/2007

C

Avis de dépôt des comptes

859 - RCS Bourgoin-Jallieu B 318 867 330. RC 80-B 47. PRIM'STYLE. Forme: S.A.S. Adresse du siège social: zone Le Chapelier,38110 Saint-Jean-de-Soudain. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

 

14/02/2006

C

Avis de dépôt des comptes

482 - RCS Bourgoin-Jallieu B 318 867 330. RC 80-B 47. PRIM'STYLE. Forme: S.A.S. Adresse du siège social: zone Le Chapelier,38110 Saint-Jean-de-Soudain. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.

 

10/11/2005

B

Modifications et mutations diverses

437 - RCS Bourgoin-Jallieu 318 867 330. RC 80-B 47. PRIM'STYLE. Forme : S.A.S. Capital : 106 800 euros. Nom commercial : Prim'style. Adresse du siège social : zone Le Chapelier,, 38110 Administration : administrateurs partants : RUPE (Patrick) ALLEGRE (Frédéric) MAURAN (Philippe) DEFFOREY (Hervé) et STE PRIM STYLE FINANCE. Date d'effet : 19 septembre 2005.

 

19/12/2004

B

Modifications et mutations diverses

RCS Bourgoin-Jallieu 318867330 RC 80-B 47 PRIM'STYLE. Forme : S.A.S. Capital : 106 800 euros Nom commercial: Prim'style. Adresse du siège social : zone Le Chapelier, 38110 Saint-Jean-de-Soudain. Administration : ancien commissaire aux comptes suppléant : FIDUCIAIRE CONTINENTALE GRENOBLE. Nouveau commissaire aux comptes suppléant : CECCALDI (Daniel). Date d'effet : 30 mars 2004.

 

22/04/2004

B

Modifications et mutations diverses

RCS Bourgoin-Jallieu 318867330 RC 80-B 47 PRIM'STYLE. Forme : S.A.S. Capital : 106 800 euros Nom commercial: Prim'style. Adresse du siège social : Zone Le Chapelier, 38110 Saint-Jean-de-Soudain. Administration : directeur général maintenu et administrateur : MAURAN ( Philippe), ancien président du conseil d'administration. Président : RUPE ( Patrick), ancien directeur général délégué, qui reste administrateur. Administrateurs partants : RUPE ( Florent) MAURAN (Olivier). Nouveau directeur général et administrateur : ALLEGRE (Frédéric). Nouveaux administrateurs : DEFFOREY (Hervé) PRIM'STYLE FINANCE S.A.S., représentée par GRANDCHAMP DES RAUX (Louis). Commentaires : modification survenue sur la forme juridique. Ancienne : S.A. Date d'effet : 22 décembre 2003.

 

18/01/2002

B

Modifications et mutations diverses

RCS Bourgoin-Jallieu B 318867330 RC 80- B 47 PRIM'STYLE. Forme : S.A. Capital : 106 800 euros Nom commercial: Prim'Style. Adresse du siège social : zone Le Chapelier, Saint-Jean-de-Soudain 38110 La Tour-du-Pin. Administration : P.-D.G. : RUPE (Patrick), ancien directeur général. Directeur général : MAURAN ( Philippe), ancien P.-D.G. Date d'effet : 1 e r juillet 2001.

 

29/09/2000

B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Bourgoin-Jallieu B 318867330 RC 80-B 47 Prim'style. Forme : S.A. Nom commercial: Prim'Style Nouvelle situation du siège social. Capital : 106 800 $EU. Adresse : zone Le Chapelier, 38110 Saint-Jean-de- Soudain Etablissement principal: Adresse : zone Le Chapelier, 38110 Saint- Jean-de-Soudain ETABLISSEMENT PRINCIPAL nouvelle situation capital : 700 000 F (fixe). Adresse : 38, rue Paul-Bert, 38110 Saint-Jean-de-Soudain. Date d'effet : 24 juin 2000.

 

21/03/1996

A_REG

Création d'établissement

RCS Bourgoin B 318 867 330 PRIM'STYLE. Forme : S.A. Capital : 700 000 F. Adresse du siège social : rue Gambetta, Saint- André-le-Gaz 38490 Les Abrets Droit au bail dépendant du fonds principal acquis par achat, au prix stipulé de 1 900 000 F Etablissement principal: Activité : droit au bail. Adresse : 75 rue Président-Edouard-Herriot, 69002 Lyon. Date d'effet : 1er mars 1996 Précédente propriétaire ETABLISSEMENTS ADRILLON S.A. RCS Lyon B 958 502 007 Publication légale: Les Petites Affiches lyonnaises du 2 février 1996. Oppositions : au cabinet de Me Requet Chabanel, 12 rue de la République, 69002 Lyon.

 

 

Company events history

Date

Description

28/04/2011

Bodacc B: Various editing or changing

05/04/2011

Amendment

01/04/2011

Legal Gazette: Resignation / Revocation of the social representative

12/11/2010

New shareholders detected

03/09/2010

Bodacc C : Deposit accounts notice

02/04/2010

Bodacc B: Various editing or changing

08/03/2010

Minutes of general meeting of shareholders

08/01/2010

Modification of Establishment Activity

31/12/2009

Update of Company Workforce

31/12/2009

Update of Company Activity

31/12/2009

Modification of Company Activity

31/12/2009

New accounts available

13/09/2009

Bodacc B: Various editing or changing

02/09/2009

Bodacc C : Deposit accounts notice

28/07/2009

Amendment

10/07/2009

Bodacc B: Various editing or changing

01/07/2009

Formation of Establishment

29/06/2009

Capital increase

29/06/2009

Private document

29/06/2009

Audit or Management Report

 

 

Establishment events history

Date

Description

07/09/2010

Update Rating

25/08/2010

Update Rating

12/03/2010

Update Rating

29/12/2009

Update Rating

29/10/2009

Update Rating

28/08/2009

Update Limit

15/07/2009

Update Rating

17/11/2008

Update Rating

17/11/2008

Update Limit

01/10/2008

Update Limit

03/09/2008

Update Limit

 

 

Directors

 

Director

Name

M RUPE PATRICK

Manager position

Président

Date of birth

23/04/1952

Place of birth

JALLIEU(38)

Type of manager

Individual

Name at birth of manager

 

Director

Name

Mme LEFORT SYLVIA RÉGINE

Manager position

Directeur général

Date of birth

01/06/1969

Place of birth

ISSY LES MOULINEAUX(92)

Type of manager

Individual

Name at birth of manager

BOKOBZA

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.85

UK Pound

1

Rs.73.29

Euro

1

Rs.64.89

 

 

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%)

 

 

 

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