MIRA
INFORM REPORT
|
Report Date : |
17.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
NEMAG
B.V. |
|
|
|
|
Registered Office : |
Deltastraat
15 4301RC Zierikzee |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2009 |
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|
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|
Date of Incorporation : |
21.12.1977 |
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|
|
|
Legal Form : |
Private Company |
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|
|
|
Line of Business : |
Manufacture of lifting and handling 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 : |
€ 200.000 |
|
|
|
|
Status : |
Good |
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Payment Behaviour : |
Regular |
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|
|
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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) |
|
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 |
Nemag
B.V. |
|
Tradename |
Nemag
B.V. |
|
Address |
Deltastraat
15 |
|
|
4301RC
Zierikzee |
|
|
Netherlands |
|
Mail
address |
Postbus 110 |
|
|
4300AC
Zierikzee |
|
|
Netherlands |
|
Telephone
number |
0111418900 |
|
Telefax
number |
0111416154 |
|
E-mail
address |
|
|
Website |
|
|
VAT number |
NL004466184B01 |
CREDIT
LIMIT
|
Credit
limit |
A credit
of € 200.000 may be granted |
|
|
|
COMPANY
INFORMATION
|
Handelsregisternummer |
22023326 |
|
Registered
in |
Chamber
of commerce Zuidwest-Netherlands |
|
Act of
foundation |
21-12-1977 |
|
Date of
constitution |
21-12-1977 |
|
Continuation
date |
21-12-1977 |
|
Last
change in statutes |
14-08-1978 |
|
Legal
form |
Private Company |
Place of
constitution Rotterdam
Capital |
EUR
45.378,02 |
|
Issued
capital |
EUR 45.378,02 |
|
Paid up
capital |
EUR
45.378,02 |
NACE-code
SBI-code Formal objective Manufacture of lifting and handling
equipment (2922) Manufacture of lifting and handling equipment (2822)
Machinefabriek, constructiewerkplaats, ontwerpen en export van: -grijpertransportinstallaties
compleet met koppelstukken en grijpers, -kettingwerken zoals snelwisselschalmen
en kabelperen, -bandtransporteurs en accessoires zoals bandschrapers, -brekers
voor de chemische industrie en de landbouw
|
Employees |
Total: 34 |
|
|
|
|
Bookyear |
|
2011 |
2009 |
2008 |
|
Number |
|
34 |
34 |
37 |
|
Change |
|
0,00% |
-8,11% |
5,71% |
COMPANY STRUCTURE
Shareholder Nemag Beheer B.V.
Deltastraat 15 4301RC ZIERIKZEE
Netherlands
KvK: 22023327
Active since: 21-12-1977
Percentage: 100.00%
Ultimate
parent company Stichting
Administratiekantoor Staalstraat Holding Everocken 2
3271AE MIJNSHEHONORNLAND
KvK: 23091863
Holding
company Nemag Beheer
B.V. Deltastraat 15 4301RC ZIERIKZEE KvK: 22023327
Affiliated
companies Grootveld
Pensioen B.V.
Deltastraat 15 4301RC ZIERIKZEE KvK:
22035333
Bodewes Beheer B.V. Deltastraat 15 4301RC ZIERIKZEE KvK:
29011456
Bankers ABN Amro
Bankers NV
ING Bankers NV
Real
estate Lease
Value: € 283.800
MANAGEMENT
Management Nemag Beheer B.V.
Deltastraat 15 4301RC ZIERIKZEE
Netherlands
KvK: 22023327
Authorization: Fully authorized
Position: Manager
Date appointed: 01-05-1997
R.V. Grootveld Reindert Victor
Authorization: Fully authorized Position: Manager
Date appointed: 01-02-2000 Date of birth: 05-02-1967
M. Corbeau Michel
Authorization: Limited authorization Position: Proxy
Date appointed: 01-01-2008 Date of birth: 14-06-1968
M.J. Hubregtse Marinus Johannes
Authorization: Limited authorization Position: Proxy
Date appointed: 01-04-2004 Date of birth: 09-10-1967
C. Melse Cornelis
Authorization: Limited authorization Position: Proxy
Date appointed: 01-04-2004 Date of birth: 26-10-1959
J.B. van der Vorm Jan Bastiaan
Authorization: Limited authorization Position: Proxy
Date appointed: 01-10-2009 Date of birth: 02-03-1962
PAYMENT INFORMATION
Payment experiences Payments Payments are regular, no complaints
are known Based on multiple payment experiences up to € 15.000
Quarter: 3 2010: 50 Average days
Quarter: 4 2010: 54 Average days
Quarter: 1 2011: 57 Average days
Quarter: 2 2011: 53 Average days
|
|
invoices |
current
quarter |
2011 Q1 |
2010 Q4 |
2010 Q3 |
|
|
Total |
176 |
100% |
88.282 |
88.164 |
88.309 |
87.640 |
|
Within
terms |
91 |
48,8% |
43.109 |
44.905 |
47.600 |
52.090 |
|
Delayed
0 - 30 |
72 |
49,2% |
43.473 |
33.909 |
33.909 |
31.300 |
|
Delayed
31 - 60 |
13 |
1,9% |
1.700 |
9.350 |
6.800 |
4.250 |
FINANCIAL INFORMATION
|
Publication
financial statement |
Annual accounts
2009 are published on 20-12-2010 Annual accounts 2008 are published on
02-07-2009 Annual accounts 2007 are published on 31-10-2008 |
|||
|
Type of
publication Publication |
Corporate Publication
according to obligations by law |
|||
|
CORE FIGURES |
|
|
|
|
|
BOOKYEAR |
2009 |
2008 |
2007 |
|
|
Quick
ratio |
1,38 |
1,01 |
1,07 |
|
|
Current
ratio |
3,18 |
2,59 |
1,99 |
|
|
Nett
workingcapital / Balance total |
0,61 |
0,56 |
0,40 |
|
|
Capital
and reserves / Balance total |
0,72 |
0,65 |
0,58 |
|
|
Capital and
reserves / Fixed assets |
6,95 |
6,79 |
2,85 |
|
|
Solvency |
2,53 |
1,87 |
1,44 |
|
|
Nett
workingcapital |
2.832.564 |
2.617.917 |
1.860.000 |
|
|
Capital
and reserves |
3.296.128 |
3.069.726 |
2.708.000 |
|
|
Change
capital and reserves |
7,38% |
13,36% |
22,37% |
|
|
change
short term liabilities |
-20,98% |
-12,42% |
75,61% |
|
|
|
||||
Annual accounts The company is obligated to publish
its annual accounts
Last annual
accounts 2009
Capital
and reserves 2009 3.296.128
Total debt
2009 1.311.329
Current
ratio 2009 3,18
Quick
ratio 2009 1,38
Nett
workingcapital 2009 2.832.564
Profitability
Positive
BALANCE
|
|
|
|
|
BOOKYEAR |
2009 |
2008 |
2007 |
|
End of
bookyear |
31-12-2009 |
31-12-2008 |
31-12-2007 |
|
Tangible
assets |
474.468 |
|
950.000 |
|
Fixed
assets |
474.468 |
451.809 |
950.000 |
|
|
|||
|
Stocks
and work in progress |
2.342.016 |
2.609.100 |
1.727.000 |
|
Accounts
receivable |
1.626.648 |
1.654.418 |
1.873.000 |
|
Liquid
assets |
164.325 |
|
139.000 |
|
Current
assets |
4.132.989 |
4.263.518 |
3.739.000 |
|
Total
assets |
4.607.457 |
4.715.327 |
4.689.000 |
|
|
|||
|
Capital
and reserves |
3.296.128 |
3.069.726 |
2.708.000 |
|
Provisions |
10.904 |
0 |
101.000 |
|
Debts to
credit institutions |
|
294.817 |
|
|
Other
short term debts |
1.300.425 |
1.350.784 |
1.879.000 |
|
Total
short term debt |
1.300.425 |
1.645.601 |
1.879.000 |
|
Total
debt |
1.311.329 |
1.645.601 |
1.980.000 |
|
Total
Liabilities |
4.607.457 |
4.715.327 |
4.689.000 |
History
Management Since 01-10-2009 is Proxy Jan
Bastiaan van der Vorm appointed.
Company structure
• Stichting
Administratiekantoor Staalstraat Holding (23091863) MIJNSHEHONORNLAND
o Staalstraat Holding B.V. (23085191)
MIJNSHEHONORNLAND
Subsidiary (100%)
■ Nemag
Beheer B.V. (22023327)
ZIERIKZEE
Subsidiary (100%)
■ Nemag
B.V. (22023326) Z ierikzee Subsidiary
■ Grootveld
Pensioen B.V. (22035333)
ZIERIKZEE
Subsidiary
■ Bodewes Beheer
B.V. (29011456)
ZIERIKZEE
Subsidiary
■ B.V. Machine- en Lierenfabriek J.H.
Bodewes (29019356) NIEUWERKERK AD IJSSEL Subsidiary Calamity: Default
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.90 |
|
|
1 |
Rs.72.54 |
|
Euro |
1 |
Rs.63.39 |
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.