MIRA INFORM REPORT
|
Report Date : |
22.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
TEN KATE TEXTIEL B.V. |
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|
|
|
Registered Office : |
A. Einsteinweg 23, 2408AP
Alphen aan den Rijn |
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|
|
|
Country : |
Netherlands |
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|
|
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
14.03.2000 |
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Com. Reg. No.: |
28042048 |
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|
|
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Legal Form : |
Limited Company |
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|
|
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Line of Business : |
Wholesale of textile
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 : |
€ 40.000 |
|
Status : |
Satisfactory |
|
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) |
|
Netherlands |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CONTACTINFORMATION
|
Company name |
Ten
Kate Textiel B.V. |
|
Tradename |
Ten Kate Textiel B.V. |
|
Address |
A. Einsteinweg 23 |
|
|
2408AP Alphen aan den
Rijn |
|
|
Netherlands |
|
Mail address |
A. Einsteinweg 23 |
|
|
2408AP Alphen aan den
Rijn |
|
|
Netherlands |
|
Telephone number |
0172-494244 |
|
Telefax number |
0172-472613 |
|
E-mail address |
|
|
Website |
CREDIT LIMIT
Credit limit A credit of € 40.000 may be granted
Normal
COMPANY INFORMATION
|
Handelsregisternummer |
28042048 |
|
Registered in |
Chamber of commerce Den
Haag |
|
First registration |
14-03-2000 |
|
Act of foundation |
07-03-2000 |
|
Date of constitution |
01-08-1978 |
|
Continuation date |
07-03-2000 |
|
Legal form |
Besloten Vennootschap
(Limited Company) |
|
Place of constitution |
Alphen aan den Rijn |
|
Capital |
EUR 90.756,04 |
|
Issued capital |
EUR 18.151,21 |
|
Paid up capital EUR 18.151,21 |
EUR 18.151.21 |
NACE-code Wholesale of textile products
(51426)
SBI-code Wholesale of textile
products (46429)
Formal objective Wholesale of textiles en confectie.
(Wholesale of textiles and clothing.)
`
Deelnemen in andere companies.
(Participate
in other companies.)
|
Employees |
Total: 9 |
|
|
|
|
Bookyear |
|
2011 |
2009 |
2008 |
|
Number |
|
9 |
9 |
9 |
|
Change |
|
0,00% |
0,00% |
0,00% |
COMPANY STRUCTURE
|
Shareholder |
Ten Kate Holding B.V. |
|
|
A. Einsteinweg 23 |
|
|
2408AP ALPHEN AAN DEN
RIJN |
|
|
Netherlands |
|
|
KvK: 28085389 |
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|
Active since: 07-03-2000 |
|
|
Percentage: 100.00% |
|
Holding company |
Ten Kate Holding B.V. |
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|
A. Einsteinweg 23 |
|
|
2408AP ALPHEN AAN DEN
RIJN |
|
|
KvK: 28085389 |
Bankers ABN Amro
Bankers NV
MANAGEMENT
|
Management |
Ten Kate Holding B.V. |
|
|
A. Einsteinweg 23 |
|
|
2408AP ALPHEN AAN DEN
RIJN |
|
|
Netherlands |
|
|
KvK: 28085389 |
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|
Authorization: Fully
authorized |
|
|
Position: Manager |
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|
Date appointed:
07-03-2000 |
PAYMENT INFORMATION
Payment experiences Payments are regular, no complaints are
known
Payments Based on multiple payment
experiences up to € 15.000
Quarter: 3 2010: 35 Average days
Quarter: 4 2010: 45 Average days
Quarter: 1 2011: 31 Average days
Quarter: 2 2011: 35 Average days
Quarter
|
|
Invoices |
Current |
Quarter |
2011 Q1 |
2010 Q4 |
2010 Q3 |
|
Total |
89 |
100% |
28.512 |
28.051 |
29.617 |
28.574 |
|
Within terms |
75 |
85,3% |
24.331 |
27.407 |
19.577 |
26.009 |
|
Delayed 0 – 30 |
11 |
14,7% |
4.181 |
644 |
8.040 |
965 |
|
Delayed 31 - 60 |
3 |
0,0% |
|
|
2.000 |
1.600 |
|
Delayed 61 - 90 |
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|
|
|
|
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Delayed 91 - 120 |
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|
|
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|
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Delayed 120+ days |
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|
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FINANCIAL INFORMATION
|
Publication financial
statement |
Annual accounts 2009 are
published on 14-09-2010 Annual accounts 2008 are published on 21-09-2009
Annual accounts 2007 are published on 10-10-2008 |
|
Type of publication |
Corporate Publication according to
obligations by law |
CORE FIGURES
|
BOOKYEAR |
2009 |
2008 |
2007 |
|
Quick ratio |
2,55 |
5,27 |
3,17 |
|
Current ratio |
5,23 |
10,26 |
5,20 |
|
Nett workingcapital /
Balance total |
0,78 |
0,87 |
0,76 |
|
Capital and reserves /
Balance total |
0,82 |
0,91 |
0,82 |
|
Capital and reserves /
Fixed assets |
19,64 |
24,31 |
14,49 |
|
Solvency |
4,46 |
9,66 |
4,50 |
|
Nett workingcapital |
776.416 |
780.701 |
743.000 |
|
Capital and reserves |
818.072 |
814.194 |
797.000 |
|
Change capital and
reserves |
0,48% |
2,16% |
5,98% |
|
change short term
liabilities |
117,46% |
-52,37% |
-21,68% |
Annual
accounts The
company is obligated to publish its annual accounts
Last
annual accounts 2009
Tendency Constant
Tendency
capital and reserves
Capital and reserves 2009 818.072
Total debt 2009 183.336
Current ratio 2009 5,23
Quick ratio 2009 2,55
Nett workingcapital 2009 776.416
Profitability Nil
Solvency Positive
BALANCE sheet
|
BOOKYEAR |
2009 |
2008 |
2007 |
|
End of bookyear |
31-12-2009 |
31-12-2008 |
31-12-2007 |
|
Tangible assets |
41.656 |
33.493 |
55.000 |
|
Fixed assets |
41.656 |
33.493 |
55.000 |
|
|
|||
|
Stocks and work in progress |
491.425 |
421.034 |
359.000 |
|
Accounts receivable |
247.855 |
273.101 |
434.000 |
|
Liquid assets |
220.472 |
170.873 |
126.000 |
|
Current assets |
959.752 |
865.008 |
920.000 |
|
Total assets |
1.001.408 |
898.501 |
975.000 |
|
|
|||
|
Capital and reserves |
818.072 |
814.194 |
797.000 |
|
Other short term debts |
183.336 |
84.307 |
177.000 |
|
Total short term debt |
183.336 |
84.307 |
177.000 |
|
Total debt |
183.336 |
84.307 |
177.000 |
|
Total Liabilities |
1.001.408 |
898.501 |
975.000 |
Company structure
·
Ten Kate Holding B.V. (28085389) ALPHEN AAN
DEN RIJN
·
Ten
Kate Textiel B.V. (28042048) Alphen aan den Rijn Subsidiary (100%)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.91 |
|
UK Pound |
1 |
Rs.72.90 |
|
Euro |
1 |
Rs.64.48 |
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.