MIRA INFORM REPORT
|
Report Date : |
15.06.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
SAS BULTEAU SYSTEMS |
|
|
|
|
Registered Office : |
885 Rte Des Frenes,
Zac De Joux, Postcode 69400 Arnas |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
31.12.2003 |
|
|
|
|
Date of Incorporation : |
December 2001 |
|
|
|
|
Com. Reg. No.: |
440279214 |
|
|
|
|
Legal Form : |
Simplified Joint Stock Company |
|
|
|
|
Line of Business : |
Wholesale of other intermediate products |
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 : |
250,000 EUR |
|
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) |
|
France |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
Company Summary
|
Company Details |
|
|
Company Number |
44027921400108 |
|
Name |
SAS BULTEAU SYSTEMS |
|
Telephone |
03 20 68 88 00 |
|
Fax |
|
|
Legal form |
Simplified joint stock company |
|
RCS Registration |
440279214 |
|
Share Capital |
2,578,700 |
|
Incorporation Date |
12/2001 |
|
Address |
885
RTE DES FRENES, ZAC DE JOUX |
|
Postcode |
69400
ARNAS |
|
Nationality |
France |
Company
Information
|
company details |
|
|
Company Name |
SAS BULTEAU SYSTEMS |
|
Company Number |
44027921400108 |
|
Activity (APE) |
Commerce de gros
(commerce interentreprises) d'autres produits intermediaries (Wholesale (business to business) of other intermediate products) |
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
2,578,700 |
|
Registration Court |
Villefranche sur
Saone-Tarare (69) |
|
Legal form |
Simplified joint stock
company |
|
Court Registry Number |
20
0 1B003 |
|
EU
VAT Number |
|
|
Incorporation Date |
12/2001 |
|
Formation Date |
12/2001 |
|
Deregistration Date |
|
|
Last account Date |
31/12/2003 |
|
Nationality |
France |
|
Establishment details |
|
|
Postal Address |
885
RTE DES FRENES,ZAC DE JOUX |
|
Trading Address |
885
RTE DES FRENES,ZAC DE JOUX |
|
Telephone |
03 20 68 88 00 |
|
Fax |
|
|
Type |
Head office |
|
Status |
Economically active |
|
Formation Date |
12/2001 |
|
Reason for formation |
Formation |
|
Closure Date |
|
|
Reason for closure |
|
|
Reactivation Date |
|
|
Production Role |
|
|
Activity Nature |
|
|
Activity Location |
|
|
Location Service |
|
|
Seasonality |
|
CREDIT RECOMENDATION
Current Credit Limit:
250,000 EUR
DIRECTORS/MANAGEMENT
|
Directors Summary |
|
|
Directorships |
2 |
Directors
|
Director |
|||
|
Name |
M
BULTEAU BERTRAND PIERRE ETIENNE |
Manager position |
Président |
|
Date of birth |
01/11/1957 |
Place of birth |
LILLE(59) |
|
Type of manager |
Individual |
Name at birth of manager |
|
|
Director |
|||
|
Name |
M BULTEAU STÉPHANE
FRANCIS JACQUES |
Manager position |
Directeur général |
|
Date of birth |
20/01/1963 |
Place of birth |
LILLE(59) |
|
Type of manager |
Individual |
Name at birth of manager |
|
NEGATIVE INFORMATION
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. |
SHARE & SHARE CAPITAL
INFORMATION
Na
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group Structure
|
Ultimate Parent |
|||
|
Ultimate Parent Company |
BULTEAU SYSTEMS |
||
|
Companies in Group |
2 |
||
|
Company Name |
Country |
Share |
Latest Annual Accounts |
|
BULTEAU SYSTEMS |
440279214 |
- |
31/12/2003 |
|
FOREST STYLE |
423589134 |
50 % |
N/A |
FINANCIAL INFORMATION
Accounts & Ratios
|
Profit & Loss |
|
|
Account Date |
31/12/2003 |
|
Account period (month) |
12 |
|
Account Type |
Normal Account |
|
Currency |
Euro |
|
Turnover |
30,220,821 |
|
Exports |
494,003 |
|
Operating Charges |
29,670,625 |
|
Operating Profit |
724,176 |
|
Financial Income |
1,238,521 |
|
Financial Charges |
150,136 |
|
Pre-Tax Profit |
1,812,561 |
|
Extraordinary Income |
20,634 |
|
Extraordinary Charges |
7,499 |
|
Net Profit |
1,118,791 |
|
Balance Sheet |
|
|
Account Date |
31/12/2003 |
|
Assets |
|
|
- Tangible assets |
904,719 |
|
Intangible assets |
6,508,410 |
|
Financial assets |
99,639 |
|
Total fixed assets |
7,512,769 |
|
Stocks |
2,661,144 |
|
Receivables |
8,077,132 |
|
- Trade Receivables |
7,581,586 |
|
- Misc. Receivables |
495,546 |
|
Cash |
638 |
|
Misc. Current Assets |
1 |
|
Total Current Assets |
10,738,915 |
|
Liabilities |
|
|
Trade Accounts Payable |
1,118,374 |
|
Bank Loans and
Liabilities |
1,879,220 |
|
Sundry Loan and
Liabilities |
209,598 |
|
Advanced Payments
Received |
0 |
|
Tax and Social Liabilities |
1,244,919 |
|
Miscellaneous
Liabilities |
151,476 |
|
Provisions for Risks
& Charges |
35,884 |
|
Other Capital Resources |
0 |
|
Share Capital |
2,578,700 |
|
Revaluation Reserve |
0 |
|
Other Reserves |
11,033,509 |
|
Total Shareholders Funds |
13,612,209 |
|
|
|
|
Total Assets |
18,251,684 |
|
Net Worth |
7,103,799 |
|
Ratios |
|
|
Account Date |
31/12/2003 |
|
Structure |
|
|
Protection |
74.58% |
|
Net Gearing |
11.44% |
|
Repayment Power |
14.72% |
|
Capital Requirement |
76.00 day |
|
Working Capital
Requirement |
98.00 day |
|
Net Cash |
-22.00 day |
|
|
|
|
Performance |
|
|
Return on Invested
Capital |
13.00% |
|
Return on Equity |
8.22% |
|
Gross Profit |
15.07% Turnover |
|
Growth v's Year Ago Qtr |
30,220,821€ |
|
Inventory Returns |
0 |
|
Receivables Days |
94.00 day |
|
Payable Days |
15.00 day |
|
|
|
|
SIG |
|
|
Profit |
26.02% Turnover |
|
Gross Profit |
15.07% Turnover |
|
Wage and Salary
distribution / Gross Profit |
73.92% Turnover |
|
Gross Operating Surplus |
3.26% Turnover |
|
Pre-tax Income |
6.00% Turnover |
|
Net Profit/Loss |
3.70% |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
Accounts Summary (last 3
years) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Accounts Date |
31/12/2003 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Turnover |
30,220,821 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Networth |
13,612,209 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Number of Employees |
20 to 49 employees |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other establishments |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Branches |
10 branch entities in
this company |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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 |
Event
history
|
Status history |
|
|
Date |
Description |
|
01/03/2011 |
Economically active |
|
Recent Publications in
Gazettes |
||
|
Publication Date |
Gazette Name |
Description |
|
11/10/2007 |
A_REG |
Vente
et cession |
|
130 - RCS B 493 472
641. RC 07-B 805. BULTEAU SYSTEMS DISTRIBUTION. Forme : S.A.R.L. Adresse du siège social : Z.A.C. du
Moulin, 435 rue de Marquette, 59118 Wambrechies. Etablissement
secondaire - Activité : exercice de l'activité d'agent commercial pour tous
produits d'emballages et textiles. Adresse : Z.A.C. de l'Anjoly, avenue de l'Europe, 13127
Vitrolles. Fonds secondaire
acquis par apport au montant évalué à 75 900 euros. Date de début d'activité
: 30 avril 2007. Précédent propriétaire : BULTEAU SYSTEMS S.A.S. RCS 440 279
214. Publication légale
: La Gazette du Nord-Pas de Calais du 11 mai 2007. Déclarations
de créances : au tribunal de commerce de Salon-de-Provence. |
||
|
|
||
|
09/01/2005 |
B |
Modifications et
mutations diverses |
|
1271 - RCS
Villefranche-Tarare 440 279 214. RC 01-B 00377. BULTEAU SYSTEMS. Forme : S.A.S.
Nom commercial : Bulteau Systems. Adresse du siège social : parc d'activités
de Chavanne, impasse de Chavanne,, 69400 Administration : ancien gérant :
C.C. DEVELOPPEMENT. Nouveau président : BULTEAU (Bertrand, Pierre, Etienne).
Nomination d'un directeur général : BULTEAU (Stéphane, Francis, Jacques).
Date d'effet : 2 novembre 2004. |
||
|
|
||
|
28/11/2002 |
B |
Modifications et
mutations diverses |
|
Ancienne
situation du siège social. RCS
Villefranche-Tarare 440279214 RC 01-B 00377 BULTEAU SYSTEMS. Forme : S.A.S.
Capital : 40 000 euros Nom commercial: Bulteau Systems. Adresse : zone de Chavanne, impasse de Chavanne, 69400
Arnas Nouvelle situation du siège social. Capital
: 2 578 700 euros. Date d'effet : 15 février 2002. |
||
|
|
||
|
23/01/2002 |
A_REG |
Création d'établissement |
|
RCS
Villefranche-Tarare 440279214 A dater du: 24 décembre 2001 RC 01-B 00377
BULTEAU SYSTEMS. Forme : S.A.S. Capital : 40 000 euros Nom commercial:
Bulteau Systems. Activité : négoce, fabrication, transformation, courtage de
tous produits d'emballage et de tous articles textiles. Adresse du siège social : Zone de Chavanne, impasse de
Chavanne, 69400 Arnas. Administration :
président : C.C. DEVELOPPEMENT, représentée par CHAILLON (Pascal, Gaston,
Marie). Commissaire aux comptes titulaire : ERNST & YOUNG S.A.,
représentée par OLIVIER (Christian). Commissaire aux comptes suppléant :
DEGRAVE (Fabienne) Cette société se constitue Date de début d'activité: 28
décembre 2001. |
||
|
|
||
|
Company events history |
|
|
Date |
Description |
|
09/05/2011 |
Legal Gazette: Head
Office Transfer |
|
09/05/2011 |
Legal Gazette:
Resignation / Revocation of the social representative |
|
01/03/2011 |
Update of Company Head
Office Identifier |
|
01/03/2011 |
Transfer of Establishment |
|
02/03/2010 |
New subsidiarie(s)
detected |
|
08/11/2007 |
Collection of
preferential rights activated for this company |
|
29/05/2007 |
Acte modificatif |
|
29/05/2007 |
Minutes of general
meeting of shareholders |
|
29/05/2007 |
Declaration of
conformity |
|
29/05/2007 |
Private document |
|
20/04/2007 |
Private document |
|
20/04/2007 |
Rapport des Commissaires
ou du Gérant |
|
20/04/2007 |
Audit or Management
Report |
|
30/03/2007 |
Private document |
|
30/03/2007 |
Amendment |
|
30/03/2007 |
Acte modificatif |
|
09/12/2004 |
Minutes of general
meeting of shareholders |
|
09/12/2004 |
Nomination/démission des
organes de gestion |
|
09/12/2004 |
Appointment/resignation
of company officers |
|
09/12/2004 |
Private document |
|
Establishment events
history |
|
No establishment event
history for this company. |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.77 |
|
UK Pound |
1 |
Rs.73.45 |
|
Euro |
1 |
Rs.64.55 |
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.