MIRA INFORM REPORT
|
Report Date : |
08.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
LIGNE PURE NV |
|
|
|
|
Registered Office : |
Nijverheidslaan 70 Deerlijk 8540 |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
14.02.1963 |
|
|
|
|
Com. Reg. No.: |
405012612 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Other Commercial Services |
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 : |
(€) 91,000 |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Belgium |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Summary |
|
|
Business Name |
LIGNE PURE NV |
|
Business Number |
405012612 |
|
Address |
NIJVERHEIDSLAAN 70 DEERLIJK |
|
Post Code |
8540 |
|
Telephone |
056776511 |
|
Fax Number |
056775278 |
|
Date of Establishment |
14/02/1963 |
|
Number of Employees |
150 |
|
Credit Information Summary |
|
|
Company Status |
ACTIVE |
|
Credit Limit (€) |
91,000 |
|
Purchase Limit (€) |
|
|
Date of Deposit at Registry |
11/06/2010 |
|
Date of Last Accounts |
31/12/2009 |
|
Turnover |
- |
|
Results of Ordinary Operations Before Tax |
-41,584 |
|
Networth |
74,388 |
|
Past Payments |
|
|
Payment Expectation Days |
|
|
Days Sales Outstanding |
|
|
Industry Average Payment Expectation Days |
63.48 |
|
Industry Average Day Sales Outstanding |
105.04 |
|
Court Data Summary |
|
|
bankruptcy details |
|
|
Court Action Type |
None |
|
Protested Bills |
|
|
Bill Amount |
|
|
NSSO Details |
|
|
Date of Summons |
// |
Company
Information
|
company details |
|
|
Business Number |
405012612 |
|
Name |
LIGNE PURE NV |
|
Fax Number |
056775278 |
|
Establishment Date |
14/02/1963 |
|
Company Status |
ACTIVE |
|
Company Type |
Limited company |
|
Activity Description |
Other commercial services, n.e.c. |
|
Activity Code |
82990 |
|
Liable For Vat |
yes |
|
Currency |
Euro (€) |
|
Latest Branch Details |
|
|
Street |
-- |
|
House Number |
|
|
City |
-- |
|
Postal Code |
|
|
Trade Registered Number |
|
|
Trade Registered Entry Date |
// |
|
Contractor Details |
|
|
Registration Number |
-- |
|
Contractor Description |
-- |
|
Striking Off Date |
// |
|
Latest Event |
|
|
Serial Number |
131553 |
|
Event Description |
Reappointment |
Accounts
& Ratio
|
Period |
|||||
|
Accounts End Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Weeks |
52 |
- |
52 |
- |
52 |
|
Currency |
EUR |
- |
EUR |
- |
EUR |
|
Profit & Loss |
|||||
|
Turnover |
- |
- |
- |
- |
- |
|
Total Operating Expenses |
- |
- |
- |
- |
- |
|
Operating Result |
59,794 |
-48.8% |
116,820 |
-7.8% |
126,738 |
|
Total Financial Income |
7,757 |
299.6% |
1,941 |
-86.7% |
14,559 |
|
Total Financial Expenses |
109,212 |
-5.6% |
115,740 |
47.1% |
78,682 |
|
Results on Ordinary Operations Before Tax |
-41,662 |
-1,479.1% |
3,021 |
-95.2% |
62,615 |
|
Taxation |
-78 |
-1,660.0% |
5 |
-92.6% |
68 |
|
Results on Ordinary Operations After Tax |
-41,584 |
-1,478.8% |
3,016 |
-95.2% |
62,547 |
|
Extraordinary Items |
0 |
- |
0 |
- |
0 |
|
Net Result |
-41,584 |
-1,478.8% |
3,016 |
-95.2% |
62,548 |
|
Other Information |
|||||
|
Dividends |
- |
- |
- |
- |
- |
|
Director Remuneration |
- |
- |
- |
- |
- |
|
Employee Costs |
101,389 |
2,020.7% |
4,781 |
- |
0 |
|
- Wages & Salaries |
74,657 |
- |
- |
- |
- |
|
- Social Security Contributions |
17,677 |
- |
- |
- |
- |
|
- Other Employee Costs |
9,055 |
89.4% |
4,781 |
- |
- |
|
Amortization & Depreciation |
53,990 |
10.9% |
48,683 |
0.0% |
48,683 |
|
Balance Sheet |
|||||
|
Accounts End Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Weeks |
52 |
- |
52 |
- |
52 |
|
Intangible Fixed Assets |
0 |
- |
0 |
- |
0 |
|
Tangible Fixed Assets |
67,325 |
-27.1% |
92,365 |
-34.5% |
141,047 |
|
- Land And Buildings |
0 |
- |
0 |
- |
0 |
|
- Plant And Machinery |
0 |
-100.0% |
931 |
-50.0% |
1,862 |
|
- Other Tangible Assets |
67,325 |
-26.4% |
91,434 |
-34.3% |
139,185 |
|
Financial Fixed Assets |
17,138 |
9.7% |
15,625 |
45.4% |
10,743 |
|
Total Fixed Assets |
84,463 |
-21.8% |
107,990 |
-28.9% |
151,790 |
|
Inventories |
|||||
|
- Raw Materials & Consumables |
0 |
- |
0 |
- |
0 |
|
- Work in Progress |
0 |
- |
0 |
- |
0 |
|
- Finished Goods |
0 |
- |
0 |
- |
0 |
|
- Other Stocks |
1,819,461 |
101.8% |
901,591 |
33.0% |
678,037 |
|
Trade Debtors |
900,811 |
-4.6% |
944,722 |
-9.8% |
1,047,646 |
|
Cash |
73,306 |
29.8% |
56,494 |
44.3% |
39,156 |
|
- Miscellaneous Current Assets |
56,973 |
34.4% |
42,403 |
-12.0% |
48,187 |
|
Total Current Assets |
2,880,724 |
39.5% |
2,064,787 |
8.9% |
1,896,197 |
|
|
|||||
|
- Trade Creditors |
823,285 |
30.8% |
629,596 |
54.9% |
406,461 |
|
- Short Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Short Term Loans |
1,559,625 |
41.8% |
1,100,000 |
0.0% |
1,100,000 |
|
- Miscellaneous Current Liabilities |
4,368 |
- |
0 |
- |
0 |
|
Total Current Liabilities |
2,387,278 |
38.0% |
1,729,596 |
14.8% |
1,506,461 |
|
|
|||||
|
- Long Term Group Loans |
0 |
- |
0 |
- |
0 |
|
- Other Long Term Loans |
0 |
-100.0% |
75,000 |
-57.1% |
175,000 |
|
- Other Long Term Liabilities |
503,521 |
99.6% |
252,209 |
-0.5% |
253,570 |
|
Total Long Term Debts |
503,521 |
53.9% |
327,209 |
-23.7% |
428,570 |
|
|
|||||
|
- Issued Share Capital |
62,000 |
0.0% |
62,000 |
0.0% |
62,000 |
|
- Share Premium Account |
0 |
- |
0 |
- |
0 |
|
- Reserves |
12,388 |
-77.0% |
53,972 |
5.9% |
50,956 |
|
- Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Total Shareholders Equity |
74,388 |
-35.9% |
115,972 |
2.7% |
112,956 |
|
|
|||||
|
Working Capital |
493,446 |
47.2% |
335,191 |
-14.0% |
389,736 |
|
Net Worth |
74,388 |
-35.9% |
115,972 |
2.7% |
112,956 |
|
Ratio Analysis |
||||||
|
Trading Performance |
||||||
|
Pre-tax Profit Margin |
- |
- |
- |
- |
- |
|
|
Return On Capital Employed |
-7.21 |
-1,160.3% |
0.68 |
-94.1% |
11.56 |
|
|
Return On Total Assets Employed |
-1.41 |
-1,107.1% |
0.14 |
-95.4% |
3.06 |
|
|
Return On Net Assets Employed |
-8.44 |
-1,037.8% |
0.90 |
-94.4% |
16.07 |
|
|
Sales / Net Working Capital |
- |
- |
- |
- |
- |
|
|
Operating Efficiency |
|
|||||
|
Stock Turnover Ratio |
- |
- |
- |
- |
- |
|
|
Debtor Days |
- |
- |
- |
- |
- |
|
|
Creditor Days |
- |
- |
- |
- |
- |
|
|
Short Term Stability |
|
|||||
|
Current Ratio |
1.21 |
1.7% |
1.19 |
-5.6% |
1.26 |
|
|
Liquidity Ratio / Acid Ratio |
0.44 |
-34.3% |
0.67 |
-17.3% |
0.81 |
|
|
Current Debt Ratio |
32.09 |
115.2% |
14.91 |
11.8% |
13.34 |
|
|
Long Term Stability |
|
|||||
|
Gearing |
2,096.61 |
106.9% |
1,013.18 |
-10.2% |
1,128.76 |
|
|
Equity In Percentage |
0.03 |
-40.0% |
0.05 |
-16.7% |
0.06 |
|
|
Total Debt Ratio |
20.97 |
107.0% |
10.13 |
-10.3% |
11.29 |
|
|
Industry Comparison |
|
|
Activity Code |
82990 |
|
Activity Description |
Other commercial services, n.e.c. |
|
Industry Average Credit Rating |
69.77 |
|
Industry Average Credit Limit (€) |
43,768 |
Payment
Expectations
|
Payment Expectations |
|
|
Payment Expectation Days |
|
|
Day Sales Outstanding |
|
|
Industry Comparison |
|
|
Activity Code |
8299 |
|
Activity Description |
Other business support service activities n.e.c. |
|
Industry Average Day Sales Outstanding |
105.04 |
|
Industry Average Payment Expectation Days |
63.48 |
|
Industry Quartile Analysis |
|
|
Payment Expectation Days |
|
|
Payment Expectations - Lower |
28.79 |
|
Payment Expectations - Median |
62.96 |
|
Payment Expectations - Upper |
124.93 |
|
Day Sales Outstanding |
|
|
Day Sales Outstanding - Lower |
10.60 |
|
Day Sales Outstanding - Median |
30.74 |
|
Day Sales Outstanding - Upper |
73.91 |
Shareholders
|
Holding Company |
|
|
Company Name |
CARPIMMO NV |
|
Business Number |
450918752 |
|
Share Percentage |
96 |
|
Annual Accounts Date |
01/12/2009 |
|
Subsidiary |
|
|
Company Name |
LIGNE PURE INDIA PVT LTD |
|
Business Number |
16333414 |
|
Share Percentage |
100 |
|
Annual Accounts Date |
01/12/2009 |
Court
Data
|
Protested Bills |
|
|
Drawee Name |
-- |
|
Drawee Address |
-- |
|
Bill Amount |
|
|
Bill Currency |
-- |
|
Maturity of Bill (month) |
|
|
Name of Drawer |
-- |
|
City of Drawer |
-- |
|
NSSO Details |
|
|
Business Number |
|
|
Name of Defendant |
-- |
|
Legal Form of Defendant |
-- |
|
Date of Summons |
|
|
Labour Court |
-- |
|
Bankruptcy Data |
|
There is no bankruptcy data against this company. |
Directors
|
Company Director |
|
|
Full Name |
AUGUSTIJN NV |
|
Position |
Managing director |
|
Address |
70 NIJVERHEIDSLAAN DEERLIJK |
|
Postal Code |
8540 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
LA LICORNE NV |
|
Position |
Managing director |
|
Address |
11 WAREGEMSESTRAAT NOKERE |
|
Postal Code |
9771 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
CARPIMMO NV |
|
Position |
Director |
|
Address |
70 NIJVERHEIDSLAAN DEERLIJK |
|
Postal Code |
8540 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
CLATIMMO NV |
|
Position |
Director |
|
Address |
79 MOUBEKESTRAAT AARTRIJKE |
|
Postal Code |
8211 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
CHRIVANTI VOF |
|
Position |
Director |
|
Address |
111 VICHTESTRAAT DEERLIJK |
|
Postal Code |
8540 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
ALERT BUSINESS ADVICE BVBA |
|
Position |
Director |
|
Address |
11 TEN HOUTE KORTRIJK |
|
Postal Code |
8500 |
|
Country |
-- |
|
Company Director |
|
|
Full Name |
DASINVEST NV |
|
Position |
Director |
|
Address |
1 PIJKENAAS SINT-MARTENS-LATEM |
|
Postal Code |
9830 |
|
Country |
-- |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.74 |
|
UK Pound |
1 |
Rs.73.25 |
|
Euro |
1 |
Rs.65.48 |
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.