MIRA INFORM REPORT
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Report Date : |
30.06.2011 |
IDENTIFICATION DETAILS
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Name : |
TRACOMEX B.V. |
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Registered Office : |
Bouwlingplein 34, 4901KZ
Oosterhout NB |
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Country : |
Netherlands |
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Financials (as on) : |
30.09.2010 |
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Date of Incorporation : |
27.02.1990 |
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Com. Reg. No.: |
20058791 |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale of grain |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
€ 75.000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
CONTACTINFORMATION
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Company name |
Tracomex
B.V. |
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Tradename |
Tracomex Animal Feed
International |
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|
Tracomex B.V. |
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Address |
Bouwlingplein 34 |
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4901KZ Oosterhout NB |
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Netherlands |
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Mail address |
Postbus 319 |
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4900AH Oosterhout NB |
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Netherlands |
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Telephone number |
0162-751140 |
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Telefax number |
0162-751144 |
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E-mail address |
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Website |
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VAT number |
Unknown |
CREDIT LIMIT
|
Credit limit |
A credit of € 75.000 may be
granted |
COMPANY INFORMATION
|
Handelsregisternummer |
20058791 |
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Registered in |
Chamber of commerce
Zuidwest-Netherlands |
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First registration |
27-02-1990 |
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Act of foundation |
20-02-1990 |
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Date of constitution |
23-11-1989 |
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Continuation date |
20-02-1990 |
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Last change in statutes |
01-03-2007 |
|
Legal form |
Besloten Vennootschap (Limited
Company) |
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Place of constitution |
Oosterhout NB |
|
Capital |
EUR 227.000 |
|
Issued capital |
EUR 136.200 |
|
Paid up capital |
EUR 136.200 |
|
NACE-code |
Wholesale of grain (51211) |
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SBI-code |
Wholesale of grain (46211) |
|
Formal objective |
De im- en export alsmede de
groothandel in partijen granen en |
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|
veevoedergrondstoffen en andere
produkten ten behoeve van de agrarische |
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|
industrie. |
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Employees |
Total: 11 |
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|
|
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Bookyear |
|
2011 |
2010 |
2009 |
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Number |
|
11 |
11 |
9 |
|
Change |
|
0,00% |
22,22% |
0,00% |
COMPANY STRUCTURE
|
Shareholder |
Thegra Tracomex Holding B.V. |
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|
Bouwlingplein 34 |
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4901KZ OOSINRHOUT NB |
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Netherlands |
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KvK: 20130449 |
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Active since: 01-03-2007 |
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Percentage: 100.00% |
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Holding company |
Thegra Tracomex Holding B.V. |
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|
Bouwlingplein 34 |
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4901KZ OOSINRHOUT NB |
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KvK: 20130449 |
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Affiliated companies |
Theco International Europe B.V. |
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|
Bouwlingplein 34 |
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4901KZ OOSINRHOUT NB |
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KvK: 18012154 |
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Thegra Baltic B.V. |
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Bouwlingplein 34 |
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4901KZ OOSINRHOUT NB |
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KvK: 18041914 |
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Thegra B.V. |
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Bouwlingplein 34 |
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4901KZ OOSINRHOUT NB |
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KvK: 20130450 |
Bankers F. van Lanschot Bankiers NV
Real estate Lease
The real estate is checked at the
land registration office
MANAGEMENT
Management J.W. Baas
Jan Willem
Authorization: Fully authorized
Position: Manager
Date appointed: 01-03-2007
Date of birth: 24-12-1958
I. Nitsche
Ina
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-03-2007
Date of birth: 05-07-1965
PAYMENT INFORMATION
Payment experiences Payments are slightly delayed
Payments Based on multiple payment experiences
up to € 15.000
·
Quarter:
3 2010: 41 Average days
·
Quarter:
4 2010: 64 Average days
·
Quarter:
1 2011: 58 Average days
·
Quarter:
2 2011: 64 Average days
|
|
invoices |
current quarter |
2011 Q1 |
2010 Q4 |
2010 Q3 |
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|
Total |
42 |
100% |
29.584 |
27.321 |
29.584 |
20.988 |
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Within terms |
16 |
10,5% |
3.100 |
5.682 |
3.100 |
12.913 |
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Delayed 0 - 30 |
|
89,5% |
26.484 |
21.639 |
26.484 |
8.075 |
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Delayed 31 - 60 |
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Delayed 61 - 90 |
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Delayed 91 – 120 |
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Delayed 120+ days |
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FINANCIAL INFORMATION
Publication financial statement
·
Annual
accounts 2010 are published on 27-01-2011 (Broken accounting year)
·
Annual
accounts 2009 are published on 15-03-2010 (Broken accounting year)
·
Annual
accounts 2008 are published on 05-03-2009 (Broken accounting year)
·
Annual
accounts 2007 are published on 17-04-2008 (Broken accounting year)
Type of publication Corporate
Publication Steady
Core Figures
|
BOOK YEAR |
2010 |
2009 |
2008 |
|
Quick Ratio |
1,48 |
1,15 |
1,30 |
|
Current Ratio |
1,71 |
1,23 |
1,30 |
|
Nett Working Capital / Balance Total |
0,41 |
0,19 |
0,23 |
|
Capital and Reserves / Balance Total |
0,42 |
0,20 |
0,24 |
|
Capital and Reserves / Fixed
assets |
41,03 |
11,28 |
15,34 |
|
Solvency |
0,73 |
0,26 |
0,32 |
|
Nett Working capital |
1.807.089 |
541.632 |
760.000 |
|
Capital and Reserves |
1.852.228 |
594.316 |
813.000 |
|
Change Capital
and Reserves |
211,66% |
-26.90% |
431,37% |
|
change Short Term Liabilities |
9.22% |
-9.22% |
-48.46% |
Annual accounts The company is
obligated to publish its annual accounts
Last annual accounts 2010
Tendency Upward
Tendency
capital and reserves
Capital and reserves 2010 1.852.228
Total debt 2010 2.534.329
Current ratio 2010 1,71
Quick ratio 2010 1,48
Nett workingcapital 2010 1.807.089
Profitability Positive
Solvency Positive
Liquidity Positive
Current-
& Quickratio
BALANCE sheet
Currency
in Euro
|
BOOKYEAR |
2010 |
2009 |
2008 |
|
End
of bookyear |
30-09-2010 |
30-09-2009 |
30-09-2008 |
|
Tangible assets |
45.139 |
52.684 |
53.000 |
|
Fixed assets |
45.139 |
52.684 |
53.000 |
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|||
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Stocks and work in progress |
578.097 |
193.637 |
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Accounts receivable |
3.755.409 |
2.668.292 |
3.307.000 |
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Liquid assets |
7.912 |
0 |
9.000 |
|
Current assets |
4.341.418 |
2.861.929 |
3.316.000 |
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Total assets |
4.386.557 |
2.914.613 |
3.369.000 |
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|||
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Capital and reserves |
1.852.228 |
594.316 |
813.000 |
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Other short term debts |
2.534.329 |
2.320.297 |
2.556.000 |
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Total short term debt |
2.534.329 |
2.320.297 |
2.556.000 |
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Total debt |
2.534.329 |
2.320.297 |
2.556.000 |
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Total Liabilities |
4.386.557 |
2.914.613 |
3.369.000 |
Company structure
Thegra Tracomex Holding B.V.
(20130449)
OOSINRHOUT NB
Theco
International Europe B.V. (18012154)
OOSINRHOUT NB
Subsidiary (100%)
Thegra
Baltic B.V. (18041914)
OOSINRHOUT NB
Subsidiary (100%)
Tracomex
B.V. (20058791)
Oosterhout NB Subsidiary (100%)
Thegra
B.V. (20130450)
OOSINRHOUT NB Subsidiary (100%)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.94 |
|
UK Pound |
1 |
Rs.71.91 |
|
Euro |
1 |
Rs.64.60 |
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 |
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---- |
NB |
New Business |
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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.