MIRA INFORM REPORT

 

 

Report Date :           

19.10.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

BLANC MARK

 

 

Registered Office :

12 Av Parmentier, Post Code 75011 Paris 11

 

 

Country :

France

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

March 1985

 

 

Com. Reg. No.:

33202195500015

 

 

Legal Form :

Simplified Joint Stock Company

 

 

Line of Business :

Wholesale business of textile

 

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 :

330,000€

 

 

Status :

Good

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

France

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Company Number

33202195500015

Name

BLANC MARK

Telephone

 

Fax

 

Legal form

Simplified joint stock company

RCS Registration

332021955

Share Capital

150,000

Incorporation Date

03/1985

Address

12 AV PARMENTIER

Postcode

75011 PARIS 11

Nationality

France

company details

Company Name

BLANC MARK

Company Number

33202195500015

Activity (APE)

Commerce de gros (commerce interentreprises) de textiles

(Wholesale business of textile)

Activity (APRM)

 

Currency

EURO (€)

Share capital

150,000

Registration Court

Paris (75)

Legal form

Simplified joint stock company

Court Registry Number

85 B 03798

EU VAT Number

FR37332021955

Incorporation Date

03/1985

Formation Date

03/1985

Deregistration Date

 

Last account Date

31/12/2010

Nationality

France

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: 330,000€

DIRECTORS/MANAGEMENT

 

Directors Summary

Directorships

1

Directors

Director

Name

MME CHETRIT ANNIE

Manager position

Gérant

Date of birth

16/05/1955

Place of birth

CONSTANTINE ALGERIE

Type of manager

Individual

Name at birth of manager

 

 

 

NEGATIVE INFORMATION

 

Judgements Summary

No judgements against this company.

 

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.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Na

 

 

PAYMENT INFORMATION

 

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group Structure

No group structure for this company.

 

 

FINANCIAL INFORMATION

 

Accounts Summary (last 3 years)

Accounts Date

31/12/2010

31/12/2009

31/12/2008

Turnover

10,379,902

10,428,917

10,047,289

Networth

2,165,491

2,144,051

2,126,881

Number of Employees

10 to 19 employees

-

-

Profit & Loss

Account Date

31/12/2010

%

31/12/2009

%

31/12/2008

Account period (month)

12

-

12

-

12

Account Type

Normal Account

-

Normal Account

-

Normal Account

Currency

Euro

-

Euro

-

Euro

Turnover

10,379,902

-0.5%

10,428,917

3.8%

10,047,289

Exports

333,232

2.5%

325,233

118.7%

148,724

Operating Charges

10,442,488

2.8%

10,158,978

3.4%

9,821,986

Operating Profit

173,918

-35.6%

270,046

19.9%

225,304

Financial Income

26,072

-

0

-

0

Financial Charges

170,344

-31.0%

246,822

30.9%

188,513

Pre-Tax Profit

29,646

27.7%

23,224

-36.9%

36,791

Extraordinary Income

3,084

6.3%

2,900

-60.9%

7,423

Extraordinary Charges

581

-

0

-100.0%

19,360

Net Profit

21,440

24.9%

17,170

1.9%

16,846

Balance Sheet

Account Date

31/12/2010

%

31/12/2009

%

31/12/2008

Assets

- Tangible assets

62,535

86.7%

33,497

142.0%

13,843

Intangible assets

38,689

-6.9%

41,549

2.7%

40,472

Financial assets

34,883

0.1%

34,854

0.0%

34,854

Total fixed assets

136,107

23.8%

109,900

23.3%

89,168

Stocks

4,294,665

-11.2%

4,834,987

12.8%

4,287,284

Receivables

691,907

-9.9%

767,985

-7.4%

828,937

- Trade Receivables

638,116

-8.0%

693,674

2.5%

676,568

- Misc. Receivables

53,791

-

74,311

-

152,369

Cash

7,473

-93.9%

122,167

778.1%

13,912

Misc. Current Assets

 

-

 

-

-1

Total Current Assets

4,994,045

-12.8%

5,725,139

11.6%

5,130,132

Liabilities

Trade Accounts Payable

2,129,574

-21.2%

2,703,504

58.5%

1,706,013

Bank Loans and Liabilities

504,324

-2.6%

517,572

-30.9%

748,572

Sundry Loan and Liabilities

258,400

-

398,028

-

426,209

Advanced Payments Received

0

-

0

-100.0%

155,227

Tax and Social Liabilities

72,363

0.7%

71,883

27.5%

56,398

Miscellaneous Liabilities

 

-

 

-

 

Provisions for Risks & Charges

0

-

0

-

0

Other Capital Resources

0

-

0

-

0

Share Capital

150,000

0.0%

150,000

0.0%

150,000

Revaluation Reserve

0

-

0

-

0

Other Reserves

2,015,491

-

1,994,051

-

1,976,881

Total Shareholders Funds

2,165,491

1.0%

2,144,051

0.8%

2,126,881

 

Total Assets

5,130,153

-12.1%

5,835,038

11.8%

5,219,301

Net Worth

2,126,802

-

2,102,502

-

2,086,409

Ratios

Account Date

31/12/2010

%

31/12/2009

%

31/12/2008

Structure

Protection

42.21%

 

36.74%

 

40.75%

Net Gearing

14.87%

 

15.69%

 

22.51%

Repayment Power

-208.74%

 

2,223.08%

 

2,240.11%

Capital Requirement

85.00 day

 

93.00 day

 

98.00 day

Working Capital Requirement

97.00 day

 

98.00 day

 

115.00 day

Net Cash

-11.00 day

 

-4.00 day

 

-17.00 day

 

Performance

Return on Invested Capital

163.00%

 

278.00%

 

295.00%

Return on Equity

0.99%

 

0.80%

 

0.79%

Gross Profit

5.12% Turnover

 

5.60% Turnover

 

5.84% Turnover

Growth v's Year Ago Qtr

-49,015€

 

381,628€

 

-801,001€

Inventory Returns

0

 

0

 

0

Receivables Days

23.00 day

 

32.00 day

 

32.00 day

Payable Days

82.00 day

 

94.00 day

 

64.00 day

 

SIG

Profit

12.59% Turnover

 

13.91% Turnover

 

16.17% Turnover

Gross Profit

5.12% Turnover

 

5.60% Turnover

 

5.84% Turnover

Wage and Salary distribution / Gross Profit

45.15% Turnover

 

30.75% Turnover

 

44.65% Turnover

Gross Operating Surplus

2.14% Turnover

 

2.93% Turnover

 

2.62% Turnover

Pre-tax Income

0.29% Turnover

 

0.22% Turnover

 

0.37% Turnover

Net Profit/Loss

0.21%

 

0.16%

 

0.17%

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Establishment details

Postal Address

12 AV PARMENTIER,
75011 PARIS 11,

Trading Address

12 AV PARMENTIER,
75011 PARIS 11,

Telephone

 

Fax

 

Type

Head office

Status

Economically active

Formation Date

03/1985

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

3 branch entities in this company

Company number

33202195500015

Company name

BLANC MARK

Type

Head office

Activity (ape)

Commerce de gros (commerce interentreprises) de textiles

Post Code

75011

City

PARIS 11

 

Company number

33202195500072

Company name

BLANC MARK

Type

Secondary establishment

Activity (ape)

Commerce de gros (commerce interentreprises) de textiles

Post Code

93230

City

ROMAINVILLE

 

Company number

33202195500056

Company name

BLANC MARK

Type

Secondary establishment

Activity (ape)

Commerce de gros (commerce interentreprises) de textiles

Post Code

31140

City

LAUNAGUET

 

Regionality

Legal unit with multiple establishments in many areas having at least 80% of workforce in same area

Mono-activity status

Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

6 to 9 employees

Company workforce

10 to 19 employees

 

Event history

Status history

No status history for this company.

 

Recent Publications in Gazettes

Publication Date

Gazette Name

Description

20/09/2011

C

Comptes annuels et rapports

75 - PARIS
GREFFE DU TRIBUNAL DE COMMERCE DE PARIS
8124 - 332021955 RCS. BLANC MARK. Forme : Société par actions simplifiée. Adresse : 12 avenue Parmentier 75011 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

 

06/12/2010

C

Comptes annuels et rapports

75 - PARIS
GREFFE DU TRIBUNAL DE COMMERCE DE PARIS
7672 - 332021955 RCS. BLANC MARK. Forme : Société par actions simplifiée. Adresse : 12 AV PARMENTIER 75011 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

 

01/10/2009

C

Comptes annuels et rapports

75 - PARIS
GREFFE DU TRIBUNAL DE COMMERCE DE PARIS
6055 - 332021955 RCS. BLANC MARK. Forme : Société par actions simplifiée. Adresse : 12 avenue Parmentier 75011 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

 

09/10/2008

C

Comptes annuels et rapports

75 - PARIS
GREFFE DU TRIBUNAL DE COMMERCE DE PARIS
6143 - 332021955 RCS. BLANC MARK. Forme : Société par actions simplifiée. Adresse : 12 avenue Parmentier 75011 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

 

23/09/2006

C

Avis de dépôt des comptes

1652 - RCS Paris B 332 021 955. RC 85-B 3798. BLANC MARK. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 12, avenue Parmentier,Paris, 75011 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

 

09/10/2005

C

Avis de dépôt des comptes

623 - RCS Paris B 332 021 955. RC 85-B 3798. BLANC MARK. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 12, avenue Parmentier,Paris, 75011 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

 

13/06/2002

B

Modifications et mutations diverses

RCS Paris B 332021955 RC 85-B 3798 BLANC MARK. Forme : S.A.S. Capital : 38 112, 25 euros. Commentaires : modification survenue sur le capital (augmentation).

 

13/06/2002

B

Modifications et mutations diverses

RCS Paris B 332021955 RC 85-B 3798 BLANC MARK. Forme : S.A.S. Capital : 150 000 euros. Commentaires : modification survenue sur le capital (augmentation).

 

19/04/2002

B

Modifications et mutations diverses

RCS Paris B 332021955 RC 85-B 3798 BLANC MARK. Forme : S.A.S. Commentaires : modification survenue sur l' administration. Administration : nomination du commissaire aux comptes titulaire : BACHETTE (Michel). Nomination du commissaire aux comptes suppléant : PETIT (Jean).

 

19/04/2002

B

Modifications et mutations diverses

RCS Paris B 332021955 RC 85-B 3798 BLANC MARK. Forme : S.A.S. Commentaires : modification survenue sur la forme juridique.

 

21/12/1995

A_REG

Vente et cession

RCS *. RCS non encore inscrit. CHARBELL. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 122, boulevard Voltaire 75011 Paris Etablissement principal: Activité : droit au bail. Adresse : 122, boulevard Voltaire 75011 Paris Droit au bail acquis par cession au prix stipulé de 300 000 F. Date d'effet : 22 novembre 1995. Précédent propriétaire : : BLANC MARK. RCS RCS B 332 021 955 Publication légale: Affiches Parisiennes du 29 novembre 1995. Oppositions : service séquestre juridique de l'ordre des avocats, 11, place Dauphine, 75001 Paris.

 

08/12/1995

A_REG

Création d'établissement

RCS *. RCS Paris B 390 570 364 RC RC 93- B 4590 CHRISTIAN MODE. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 13 à 17, rue Carducci 75019 Paris Etablissement principal: Activité : vente d'articles de cuir et de confection, exploitation de fonds de commerce et fabrication diverses. Adresse : 13 à 17, rue Carducci 75019 Paris Etablissement secondaire acquis par achat au prix stipulé de 425 000 F ETABLISSEMENT SECONDAIRE immatriculé au. RCS : Paris. Adresse : 112, boulevard Voltaire 75011 Paris. Activité : linge de maison, revetement mural, textile Date de début d'activité: 12 mars 1993. Précédent propriétaire : : BLANC MARK. RCS RCS B 332 021 955 Publication légale: Affiches Parisiennes du 10 octobre 1995. Oppositions : cabinet L.C 11, rue Dulong, 75017 Paris.

 

11/11/1995

B

Modifications et mutations diverses

RCS *. RCS Paris B 332 021 955 RC RC 85- B 3798 BLANC MARK. Forme : S.A.R.L Etablissement principal: Adresse : 12, avenue Parmentier 75011 Paris. Commentaires : modification survenue sur l'adresse de l'établissement principal.

 

26/10/1995

A_REG

Création d'établissement

RCS *. RCS Paris B 390 570 364 CHRISTIAN MODE. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 13 et 17, rue Carducci 75019 Paris Etablissement principal: Activité : linge de maison, revetement mural, textiles. Adresse : 112, boulevard Voltaire 75011 Paris Etablissement principal acquis par achat au prix stipulé de 425 000 F. Date d'effet : 7 octobre 1995. Précédent propriétaire : : BLANC MARK. RCS RCS B 332 021 955 Publication légale: Affiches Parisiennes du 10 octobre 1995. Oppositions : cabinet L.C., société d' avocat, 11, rue Dulong, 75017 Paris.

 

19/02/1995

A_REG

Création d'établissement

RCS Paris B 332 021 955 BLANC MARK. Forme : S.A.R.L. Capital : 100 000 F. Adresse du siège social : 12 avenue Parmentier 75011 Paris Etablissement principal: Activité : droit au bail des locaux. Adresse : 122 boulevard Parmentier 75011 Paris Droit au bail dépendant de l'établissement principal, acquis par cession au prix stipulé de 300 000 F. Date d'effet : 31 décembre 1994. Précédent propriétaire : MAGNY COUTURE. RCS B 622 027 308 Publication légale: La Gazette du Palais du 28 janvier 1995. Oppositions : Me Baudet, 5 rue Margueritte, 75017 Paris.

 

 

Company events history

Date

Description

27/09/2011

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

20/09/2011

Bodacc C : Deposit accounts notice

31/12/2010

New accounts available

06/12/2010

Bodacc C : Deposit accounts notice

31/12/2009

New accounts available

01/10/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

09/10/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

31/12/2006

New accounts available

31/12/2005

New accounts available

31/12/2004

New accounts available

31/12/2003

New accounts available

08/04/2002

Minutes of general meeting of shareholders

08/04/2002

Private document

08/04/2002

Conversion of equity to euro

08/04/2002

Capital increase

08/04/2002

New legal form – no new category

08/04/2002

Updated articles of association

08/04/2002

Audit or Management Report

08/04/2002

Appointment/resignation of company officers

 

 

Establishment events history

Date

Description

27/09/2011

Update Rating

27/09/2011

Update Limit

07/09/2011

Update Rating

29/10/2010

Update Limit

29/10/2010

Update Rating

26/09/2010

Update Rating

21/01/2010

Update of phone numbers

30/12/2009

Update Rating

31/08/2009

Update Limit

31/08/2009

Update Rating

28/08/2008

Update Limit

18/03/2008

Update of phone numbers

17/03/2008

Update of phone numbers

16/12/2007

Update Limit

10/12/2007

Update Limit

09/12/2007

Update Limit

04/09/2007

Update Limit

25/01/2007

Update Limit

25/01/2007

Update Rating

20/01/2007

Update Limit

20/01/2007

Update Rating

 

 

NOTES & COMMENTS

 

Na

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.14

UK Pound

1

Rs.77.58

Euro

1

Rs.67.58

 

 

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%)

 

 

 

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