MIRA INFORM REPORT
|
Report Date : |
25.06.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
SOC RAYMOND BLOCH PIERR PREC87 |
|
|
|
|
Registered Office : |
74 Rue La Fayette, 75009 Paris 9 |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
30.04.2010 |
|
|
|
|
Date of Incorporation : |
March 1964 |
|
|
|
|
Com. Reg. No.: |
642013999 |
|
|
|
|
Legal Form : |
Plc with management board |
|
|
|
|
Line of Business : |
Wholesale business
of watches and jewelry |
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 : |
(€) 550,000 |
|
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) |
|
France |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Details |
|
|
Company Number |
64201399900023 |
|
Name |
SOC RAYMOND BLOCH PIERR PREC87 |
|
Telephone |
01 55 33 18 39 |
|
Fax |
|
|
Legal form |
Plc with management board |
|
RCS Registration |
642013999 |
|
Share Capital |
480,000 |
|
Incorporation Date |
03/1964 |
|
Address |
74 RUE LA FAYETTE |
|
Postcode |
75009 PARIS 9 |
|
Nationality |
France |
|
Credit Information Summary |
|
|
Company Status |
Economically active |
|
Credit Limit (€) |
550,000 |
|
Judgements Summary |
|
No judgements against this company. |
|
Directors Summary |
|
|
Directorships |
2 |
|
Accounts Summary (last 3 years) |
|||
|
Accounts Date |
30/04/2010 |
30/04/2009 |
30/04/2008 |
|
Turnover |
11,223,652 |
20,064,676 |
25,154,770 |
|
Networth |
7,702,797 |
8,220,164 |
8,250,183 |
|
Number of Employees |
10 to 19 employees |
- |
- |
Company
Information
|
company details |
|
|
Company Name |
SOC RAYMOND BLOCH PIERR PREC87 |
|
Company Number |
64201399900023 |
|
Activity (APE) |
Commerce de gros (commerce interentreprises) d'articles d'horlogerie
et de bijouterie (Wholesale
business of watches and jewelry) |
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
480,000 |
|
Registration Court |
Paris (75) |
|
Legal form |
Plc with management board |
|
Court Registry Number |
19 6 4B013 |
|
EU VAT Number |
FR18642013999 |
|
Incorporation Date |
03/1964 |
|
Formation Date |
01/1964 |
|
Deregistration Date |
|
|
Last account Date |
30/04/2010 |
|
Nationality |
France |
|
Establishment
details |
|
|
Postal Address |
74 RUE LA FAYETTE, |
|
Trading Address |
74 RUE LA FAYETTE, |
|
Telephone |
01 55 33 18 39 |
|
Fax |
|
|
Type |
Head office |
|
Status |
Economically active |
|
Formation Date |
01/1964 |
|
Reason for formation |
Formation |
|
Closure Date |
|
|
Reason for closure |
|
|
Reactivation Date |
|
|
Production Role |
|
|
Activity Nature |
- |
|
Activity Location |
Store |
|
Location Service |
From 300 m² to less than 400 m² |
|
Seasonality |
|
|
Other establishments |
|||||||||||||||||||||||||
|
Branches |
2 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 |
10 to 19 employees |
|
Company workforce |
10 to 19 employees |
Accounts
& Ratios
|
Profit & Loss |
|||||
|
Account Date |
30/04/2010 |
% |
30/04/2009 |
% |
30/04/2008 |
|
Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
11,223,652 |
-44.1% |
20,064,676 |
-20.2% |
25,154,770 |
|
Exports |
5,669,765 |
-54.2% |
12,387,640 |
-21.2% |
15,720,522 |
|
Operating Charges |
11,986,670 |
-38.6% |
19,518,925 |
-22.6% |
25,214,732 |
|
Operating Profit |
-615,901 |
-195.4% |
645,548 |
879.5% |
65,907 |
|
Financial Income |
200,665 |
-41.0% |
340,330 |
-28.4% |
475,578 |
|
Financial Charges |
130,882 |
-83.7% |
802,404 |
283.6% |
209,164 |
|
Pre-Tax Profit |
-546,118 |
-397.7% |
183,474 |
-44.8% |
332,320 |
|
Extraordinary Income |
24,484 |
-86.0% |
175,404 |
87.4% |
93,620 |
|
Extraordinary Charges |
19,617 |
-88.9% |
177,180 |
196,766.7% |
90 |
|
Net Profit |
-367,367 |
-410.6% |
118,263 |
-60.9% |
302,827 |
|
Balance Sheet |
|||||
|
Account Date |
30/04/2010 |
% |
30/04/2009 |
% |
30/04/2008 |
|
Assets |
|||||
|
- Tangible assets |
209,892 |
188.3% |
72,794 |
10.4% |
65,952 |
|
Intangible assets |
181,125 |
28.7% |
140,725 |
99.0% |
70,729 |
|
Financial assets |
31,488 |
18.9% |
26,488 |
6.2% |
24,941 |
|
Total fixed assets |
422,505 |
76.0% |
240,007 |
48.5% |
161,622 |
|
Stocks |
3,392,267 |
2.8% |
3,300,650 |
-38.0% |
5,324,975 |
|
Receivables |
4,114,372 |
11.2% |
3,699,323 |
-37.4% |
5,905,662 |
|
- Trade Receivables |
3,327,827 |
0.4% |
3,313,323 |
-42.7% |
5,778,619 |
|
- Misc. Receivables |
786,545 |
- |
386,000 |
- |
127,043 |
|
Cash |
2,919,857 |
-21.6% |
3,724,923 |
89.1% |
1,970,038 |
|
Misc. Current Assets |
1,983 |
- |
|
- |
-1 |
|
Total Current Assets |
10,428,479 |
-2.8% |
10,724,896 |
-18.8% |
13,200,674 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
1,597,370 |
45.6% |
1,097,306 |
-64.9% |
3,125,127 |
|
Bank Loans and Liabilities |
977,924 |
59.5% |
613,202 |
-4.7% |
643,686 |
|
Sundry Loan and Liabilities |
76,487 |
- |
92,025 |
- |
58,343 |
|
Advanced Payments Received |
0 |
- |
0 |
- |
0 |
|
Tax and Social Liabilities |
375,453 |
-8.5% |
410,346 |
-13.4% |
473,593 |
|
Miscellaneous Liabilities |
116,799 |
- |
531,647 |
- |
811,364 |
|
Provisions for Risks & Charges |
5,137 |
577.7% |
758 |
-98.4% |
46,358 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
480,000 |
0.0% |
480,000 |
0.0% |
480,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
7,222,797 |
- |
7,740,164 |
- |
7,770,183 |
|
Total Shareholders Funds |
7,702,797 |
-6.3% |
8,220,164 |
-0.4% |
8,250,183 |
|
|
|||||
|
Total Assets |
10,856,119 |
-1.0% |
10,965,659 |
-18.2% |
13,408,655 |
|
Net Worth |
7,521,672 |
- |
8,079,439 |
- |
8,179,454 |
|
Ratios |
|||||
|
Account Date |
30/04/2010 |
% |
30/04/2009 |
% |
30/04/2008 |
|
Structure |
|||||
|
Protection |
70.95% |
|
74.96% |
|
61.53% |
|
Net Gearing |
9.71% |
|
6.43% |
|
5.24% |
|
Repayment Power |
-55.39% |
|
238.90% |
|
25.08% |
|
Capital Requirement |
241.00 day |
|
145.00 day |
|
117.00 day |
|
Working Capital Requirement |
174.00 day |
|
89.00 day |
|
98.00 day |
|
Net Cash |
67.00 day |
|
56.00 day |
|
19.00 day |
|
|
|||||
|
Performance |
|||||
|
Return on Invested Capital |
-151.00% |
|
351.00% |
|
73.00% |
|
Return on Equity |
-4.77% |
|
1.44% |
|
3.67% |
|
Gross Profit |
10.68% Turnover |
|
14.25% Turnover |
|
8.68% Turnover |
|
Growth v's Year Ago Qtr |
-8,841,024€ |
|
-5,090,094€ |
|
3,225,385€ |
|
Inventory Returns |
0 |
|
0 |
|
0 |
|
Receivables Days |
114.00 day |
|
63.00 day |
|
84.00 day |
|
Payable Days |
57.00 day |
|
26.00 day |
|
42.00 day |
|
|
|||||
|
SIG |
|||||
|
Profit |
15.32% Turnover |
|
17.94% Turnover |
|
11.13% Turnover |
|
Gross Profit |
10.68% Turnover |
|
14.25% Turnover |
|
8.68% Turnover |
|
Wage and Salary distribution / Gross Profit |
145.03% Turnover |
|
65.47% Turnover |
|
88.22% Turnover |
|
Gross Operating Surplus |
-5.59% Turnover |
|
4.20% Turnover |
|
0.47% Turnover |
|
Pre-tax Income |
-4.87% Turnover |
|
0.91% Turnover |
|
1.32% Turnover |
|
Net Profit/Loss |
-3.27% |
|
0.59% |
|
1.20% |
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 |
|
10/06/2011 |
B |
Modification et mutation diverse |
|
75 - PARIS |
||
|
|
||
|
07/02/2011 |
C |
Comptes annuels et rapports |
|
75 - PARIS |
||
|
|
||
|
05/02/2010 |
C |
Comptes annuels et rapports |
|
75 - PARIS |
||
|
|
||
|
28/12/2008 |
C |
Comptes annuels et rapports |
|
75 - PARIS |
||
|
|
||
|
13/01/2008 |
C |
Comptes annuels et rapports |
|
75 - PARIS |
||
|
|
||
|
31/12/2006 |
C |
Avis de dépôt des comptes |
|
6101 - RCS Paris
B 642 013 999. RC 64-B 1399. LA SOCIETE RAYMOND BLOCH SA. Forme: société
anonyme à directoire et conseil de surveillance. Adresse du siège social: 74,
R la Fayette,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice
clos le: 30 avril 2006. |
||
|
|
||
|
17/01/2006 |
C |
Avis de dépôt des comptes |
|
5601 - RCS Paris
B 642 013 999. RC 64-B 1399. LA SOCIETE RAYMOND BLOCH SA. Forme: société
anonyme à directoire et conseil de surveillance. Adresse du siège social: 74,
R la Fayette,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice
clos le: 30 avril 2005. |
||
|
|
||
|
27/11/2003 |
B |
Modifications et mutations diverses |
|
RCS Paris B
642013999 RC 64-B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A. à
directoire et conseil de surveillance. Commentaires : modification survenue
sur la forme juridique et l'administration. Administration : modification du
président du directoire : BLOCH (Roger, Denis). Modification du président du
conseil de surveillance : BLOCH ( Philippe). Nomination d'un membre du
directoire : BLOCH (Laurent). Modification d'un vice-président et membre du
conseil de surveillance : BLOCH (Martine, Mathilde). Nomination d' un membre
du conseil de surveillance : PHILOS S.C. Administrateurs partants : BLOCH,
née KAHN (Simone) BOURDARIAT, née BLOCH (Stéphanie). |
||
|
|
||
|
27/12/2002 |
B |
Modifications et mutations diverses |
|
RCS Paris B
642013999 RC 64-B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A.
Commentaires : modification survenue sur l'administration. Administration :
modification du président du conseil d' administration et directeur général :
BLOCH (Philippe). Modification du directeur général délégué et administrateur
: BLOCH (Roger, Denis). |
||
|
|
||
|
06/03/2002 |
B |
Modifications et mutations diverses |
|
RCS Paris B
642013999 RC 64-B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A.
Commentaires : modification survenue sur l'administration. Administration :
modification d'un administrateur : BOURDARIAT, née BLOCH (Stéphanie). |
||
|
|
||
|
15/02/2002 |
B |
Modifications et mutations diverses |
|
RCS Paris B
642013999 RC 64-B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A. Capital :
480 000 euros. Commentaires : modification survenue sur le capital (
augmentation) et l'administration. Administration : modification d'
administrateurs : BLOCH (Roger, Denis) BLOCH (Stéphanie). |
||
|
|
||
|
11/03/2001 |
B |
Modifications et mutations diverses |
|
RCS Paris B
642013999 RC 64-B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A.
Commentaires : modification survenue sur l'administration. Administration :
modification du président du conseil d' administration : BLOCH (Philippe).
Modification du directeur général et administrateur : BLOCH (Roger, Denis).
Commissaire aux comptes titulaire partant : BELAIS (Jacques). Nomination du
commissaire aux comptes titulaire : SCOREX-STE DE COMMISSARIAT REVISION
EXPERTISE. Commissaire aux comptes suppléant partant : GANANSIA (Charles).
Nomination du commissaire aux comptes suppléant : MASSOUTRE (Patrick). |
||
|
|
||
|
28/12/1997 |
B |
Modifications et mutations diverses |
|
RCS Paris B 642
013 999 RC 64-B 1399 SOCIETE RAYMOND BLOCH S.A. Forme : S.A. Commentaires :
modification survenue sur l'administration. Administration : modification du
président du conseil d' administration : BLOCH (Roger, Denis). Modification
du directeur général et administrateur : BLOCH (Philippe). |
||
|
|
||
|
02/02/1995 |
B |
Modifications et mutations diverses |
|
RCS *. RCS Paris
B 642 013 999 RC RC 64- B 1399 LA SOCIETE RAYMOND BLOCH S.A. Forme : S.A.
Administration : président du conseil d'administration : BLOCH ( Philippe)
Directeur général et administrateur : BLOCH (Roger, Denis). Administrateurs :
Mme BLOCH, née KAHN (Simone) BLOCH (Martine, Mathilde) BLOCH (Stéphanie).
Commissaire aux comptes titulaire : BELAIS (Jacques). Commissaire aux comptes
suppléant : GANANSIA (Charles). Commentaires : modification survenue sur l'
administration. |
||
|
|
||
|
Company events history |
|
|
Date |
Description |
|
10/06/2011 |
Bodacc B: Various editing or changing |
|
25/05/2011 |
New chairman (CEO, CoB) |
|
25/05/2011 |
Minutes of general meeting of shareholders |
|
25/05/2011 |
Appointment/resignation of company officers |
|
13/05/2011 |
Legal Gazette: Appointment of the social representative |
|
10/05/2011 |
Legal Gazette: Resignation / Revocation of the social representative |
|
25/04/2011 |
Legal Gazette: Appointment of the social representative |
|
07/02/2011 |
Bodacc C : Deposit accounts notice |
|
30/04/2010 |
New accounts available |
|
05/02/2010 |
Bodacc C : Deposit accounts notice |
|
27/11/2009 |
Minutes of general meeting of shareholders |
|
30/04/2009 |
New accounts available |
|
28/12/2008 |
Bodacc C : Deposit accounts notice |
|
04/11/2008 |
Appointment/resignation of company officers |
|
04/11/2008 |
Private document |
|
04/11/2008 |
Minutes of general meeting of shareholders |
|
04/11/2008 |
Updated articles of association |
|
04/11/2008 |
Audit or Management Report |
|
10/09/2008 |
Application and court order |
|
09/09/2008 |
Application and court order |
|
Establishment events history |
|
|
Date |
Description |
|
29/12/2010 |
Update Limit |
|
29/12/2010 |
Update Rating |
|
18/02/2010 |
Update Limit |
|
18/02/2010 |
Update Rating |
|
07/02/2010 |
Update Limit |
|
02/01/2010 |
Update Rating |
|
24/11/2008 |
Update Limit |
|
31/03/2008 |
Update Rating |
|
31/03/2008 |
Update Limit |
|
16/12/2007 |
Update Limit |
|
09/12/2007 |
Update Limit |
|
07/12/2007 |
Update Limit |
|
07/12/2007 |
Update Rating |
Directors
|
Director |
|||
|
Name |
M BLOCH LAURENT |
Manager position |
Président du directoire |
|
Date of birth |
15/07/1970 |
Place of birth |
NEUILLY-SUR-SEINE (92200) |
|
Type of manager |
Individual |
Name at birth of
manager |
|
|
Director |
|||
|
Name |
M BLOCH PHILIPPE |
Manager position |
Président du conseil de surveillance |
|
Date of birth |
06/09/1938 |
Place of birth |
SURESNES (92150) |
|
Type of manager |
Individual |
Name at birth of
manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.94 |
|
UK Pound |
1 |
Rs.71.89 |
|
Euro |
1 |
Rs.64.09 |
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.