MIRA INFORM REPORT

 

 

Report Date :           

29.03.2011

 

IDENTIFICATION DETAILS

 

Name :

LAABAR FOOD B.V.

 

 

Registered Office :

Zadelmakerstraat 29, 2984CC Ridderkerk

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

01.08.2003

 

 

Com. Reg. No.:

24351088

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Wholesale of ship's victuals

 

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 :

€ 2.500

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

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

Laabar Food B.V.

Tradename

Laabar Food B.V.

Address

Zadelmakerstraat 29

 

2984CC Ridderkerk

 

Netherlands

Mail address

Zadelmakerstraat 29

 

2984CC Ridderkerk

 

Netherlands

Telephone number

0180415545

E-mail address

info@laabar.com

Website

www.laabar.com

 

 

 

 

CREDIT LIMIT

 

A credit of € 2.500 may be granted

 

 

COMPANY INFORMATION

 

Handelsregisternummer

24351088

Registered in

Chamber of commerce Rotterdam

First registration

01-08-2003

Act of foundation

21-05-2003

Date of constitution

21-05-2003

End of registration

23-09-2010

Last change in statutes

10-06-2009

Legal form

Besloten Vennootschap (Limited Company)

Place of constitution

Ridderkerk

Capital

EUR 90.000

Issued capital

EUR 18.000

Paid up capital

EUR 18.000

 

NACE- code                              Wholesale of ship's victuals (513901)

 

Formal objective             RESEARCH AND DEVELOPMENT (726003)

 

Handel in, daaronder begrepen im- en export van koopmansgoederen. Het verrichten van transportactiviteiten.

 

                                                (Trade, including import and export of merchandise. The provision of transport.)

 

 

COMPANY STRUCTURE

 

Shareholder                Laabar Holding B.V.

Zadelmakerstraat 29

2984CC RIDDERKERK

Netherlands

KvK: 24299283

Active since: 22-10-2009

Percentage: 100.00%

 

Holding company        Laabar Holding B.V.

Zadelmakerstraat

29 2984CC RIDDERKERK

KvK: 24299283

 

Affiliated companies    LAB400 B.V.

Zadelmakerstraat

29 2984CC RIDDERKERK

KvK: 24367200

 

Real estate

Lease

 

The real estate is checked at the land registration office

 

Object code: RIDDERKERK H 7129

 

Owner: D.BERGHOUT B.V.

 

Description: Zadelmakerstraat 29

 

 

MANAGEMENT

 

Management     Laabar Holding B.V.

Zadelmakerstraat

29 2984CC RIDDERKERK

Netherlands KvK: 24299283

Authorization: Fully authorized

Position: Manager

Date appointed: 21 -05-2003

 

 

Payment information

 

Payment experience                        No complaints are known

 

 

FINANCIAL INFORMATION

 

Publication financial statement                Annual accounts 2009 are published on 03-06-2010

Annual accounts 2008 are published on 29-03-2010

Annual accounts 2007 are published on 17-02-2009

Type of publication                                 Corporate

 

Publication                                            Publication according to obligations by law

 

CORE FIGURES

 

 

BOOKYEAR

2009

2008

Quick ratio

3,00

15,44

Current ratio

3,00

15,44

Nett workingcapital / Balance total

0,67

0,94

Capital and reserves / Balance total

0,67

0,94

Capital and reserves / Fixed assets

-

-

Solvency

2,00

14,44

Nett workingcapital

36.874

33.104

Capital and reserves

36.874

33.104

Change capital and reserves

11,39%

 

change short term liabilities

704,06%

 

 

Annual accounts                        The company is obligated to publish its annual accounts

 

Last annual accounts                 2009

Tendency                      Upward

 

Tendency capital and reserves

40K

 

 

 

 

 

20K

 

 

 

 

 

 

 

 

i

 

i

0

 

 

 

2008

2009

 

Capital and reserves       2009 36.874

Total debt                      2009 18.437

Current ratio                  2009 3,00

Quick ratio                    2009 3,00

Nett workingcapital         2009 36.874

Profitability                    Limited

Solvency                       Positive

Liquidity                        Positive

 

Current- & Quickratio

 

BALANCE Sheet

 

BOOKYEAR

2009

2008

End of bookyear

31-12-2009

31-12-2008

Accounts receivable Liquid assets Current assets

53.254 2.057 55.311

34.620 777

35.397

Total assets

55.311

35.397

 

Capital and reserves Total short term debt Total debt

36.874 18.437

18.437

33.104 2.293

2.293

Total Liabilities

55.311

35.397

 

 

History

 

Modifications                             Since 10-6-2009 statutes modified. Since 10-6-2009 name changed to: Laabar

Food B.V..

 

 

Company structure

 

Laabar Holding B.V. (24299283)

RIDDERKERK

 

Laabar Food B.V. (24351088)

Ridderkerk

Subsidiary

 

LAB400 B.V. (24367200)

RIDDERKERK

Subsidiary

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.78

UK Pound

1

Rs.71.64

Euro

1

Rs.62.96

 

 

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

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.