MIRA INFORM REPORT
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Report Date : |
21.10.2011 |
IDENTIFICATION DETAILS
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Name : |
M BOSSER SA |
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Registered Office : |
Calle Capitan Haya, 51, 28020 Madrid |
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Country : |
Spain |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
11.000,00 € |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Spain |
a2 |
a2 |
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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 |
Company name
M BOSSER SA ”BOSSER”
TAX NUMBER: A08117806
Company situation: Active
Answer to the data
in your request
The data of your request have been confirmed and are correct.
Address
The address mentioned in your request is correct.(Capitan Haya , 51
Madrid 28020).
The address mentioned in your request is correct. (C/ Alemania, 60 Barcelona
08201).
Financial Information
The last filed accounts of the subject presented in the Trade Register
corresponds to the 2005 exercise.
EXECUTIVE SUMMARY
Identification
Current Business Name: M BOSSER SA
Commercial name: M BOSSER;TEJIDOS ESPECIALES
Other names: YES
Current Address: CALLE CAPITAN HAYA, 51
Branches: 2
Telephone number: 937457979 Fax: 937254570
Corporate e-mail: info@bosser.es
Trade Risk
Credit Appraisal: 11.000,00 €
Incidents: YES
R.A.I.: YES
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Balance sheet latest sales (2005): 13.701.751,96 € (Trade Register)
Result: 20.145,3 €
Total Assets: 21.166.441,78 €
Social Capital: 633.814,60 €
Employees: 20
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 05/01/1960
Activity: Preparation of wool
NACE 2009 CODE: 1320
International Operations: Imports and
Exports
Corporate Structure
Administrator:
Participations: 3
Other Complementary Information
Latest filed accounts published in the Mercantile Register: 2005
Type of Accounts available at the Mercantile Register: Individuals
Latest act published in BORME: 31/12/2007 Registered activity
change
Latest press article: 19/10/2007 LA GACETA (LEGAL
ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 17/10/2011.
The information contained in this report has been investigated and
contrasted on 17/10/2011
Credit
Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 11.000,00 €
Performance
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Incidents |
Occasional |
|
Business
Trajectory |
Very Negative |
Rating Explication
Financial Situation
•
For the company’s financial situation calculation,
we have used alternative indicators to the financial statements, as these ones
have lost its validity regarding the current financial situation analysis
caused by its age.
Company Structure
•
The company’s capitalisation grade determines that
its structure is normal.
•
The company’s size is medium Taking into
accounts its sales volume.
•
The employees evolution has been negative.
Negative information
•
Taking into account the company structure, it
indicates that it has some payment incidence which is scarcely significant.
•
It appears that there are claims by the administration
or legal demands registered against this company
Accounts Publication
•
It appears that there has not been a regular
accounts publication by the company in the Official Companies Registry Gazette.
Reasons of the
last relevant calculation in note
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DATE |
CHANGE |
RESULTING REPORT |
EVENT |
|
17/10/2011 |
Increase |
7 |
•
Variation in the rating system with regards to
legal incidences information. |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 6 ( Last:27/07/2009 , first:
30/03/2005 )
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With the Social Security: |
5 |
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With the Tax Authorities: |
0 |
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With Other Official bodies: |
1 |
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AFFECTED BY: No significant element.
Latest
Administrative Claims
Figures expressed in €
WITH THE SOCIAL SECURITY.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
15/06/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
|
Notifications
|
DATE |
ORGANIZATION |
AMOUNT |
|
27/07/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
1.281,28 |
|
27/07/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
1.354,21 |
|
27/07/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
1.286,33 |
There are 5 administrative claims with the Social Security
registered
WITH OTHER OFFICIAL BODIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
30/03/2005 |
TOWN/ CITY HALL DE BARCELONA INSTITUTO MUNICIPAL DE HACIENDA |
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There are 1 administrative claims with Other Official bodies
registered
Detail of the
Latest Administrative Claims
Figures expressed in €
Notifications
WITH THE SOCIAL SECURITY.
Phase: DEBTS WITH OFFICIAL BODIES
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 27/07/2009
Period: 0608 0608
Source: Published in the Gazette of BARCELONA Appendix 01, on 30/07/2009, page 7
Amount: 1.281,28
Figures expressed in €
Notifications
WITH THE SOCIAL SECURITY.
Phase: DEBTS WITH OFFICIAL BODIES
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 27/07/2009
Period: 0708 0708
Source: Published in the Gazette of BARCELONA Appendix 01, on 30/07/2009, page 7
Amount: 1.354,21
EXPERIAN BUREAU
EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF PAYMENT
Summary
COMPANY NOT REGISTERED IN EXPERIAN BUREAU EMPRESARIAL
•
There is no information related to the nif/cif
consulted in the in the EXPERIAN BUREAU EMPRESARIAL file
R.A.I.
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NUMBER OF ENTRIES FOUND |
2 |
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TOTAL AMOUNT |
12.700 |
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DATE OF THE LAST ENTRY |
25/06/2011 |
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DATE AND TIME OF THE CONSULTATION |
11/10/2011 09:10:31 |
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL
COMPARATIVE
FINANCIAL ELEMENTS
Figures given in €
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|
31/12/2003 (12) BALANCE SHEET |
31/12/2004 (12) BALANCE SHEET |
31/12/2005 (12) BALANCE SHEET |
% ASSETS |
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BALANCE SHEET ANALYSIS |
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NET WORTH |
6.931.723,12 |
8.370.998,97 |
8.391.144,27 |
39,64 |
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DEBT |
14.374.998,15 |
13.159.984,25 |
12.775.297,51 |
60,36 |
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FIXED ASSETS |
640.799,62 |
573.817,98 |
557.213,25 |
2,63 |
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TOTAL ASSETS |
21.306.721,27 |
21.530.983,22 |
21.166.441,78 |
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31/12/2003 (12) BALANCE SHEET |
31/12/2004 (12) BALANCE SHEET |
31/12/2005 (12) BALANCE SHEET |
% SALES |
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PROFIT AND LOSS ACCOUNT ANALYSIS |
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SALES |
17.136.077,57 |
15.497.629,43 |
13.701.751,96 |
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ADDED VALUE |
1.477.451,43 |
2.049.797,19 |
1.548.729,08 |
11,30 |
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EBITDA |
-183.795,55 |
693.633,27 |
515.453,71 |
3,76 |
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EBIT |
-50.597,22 |
645.984,69 |
458.740,42 |
3,35 |
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NET RESULT |
-59.706,80 |
39.275,85 |
20.145,30 |
0,15 |
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OTHER DATA FROM
THE ANNUAL FINANCIAL REPORT
Results Distribution
Source: annual financial report 2005
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
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Profit and Loss |
20.145,25 |
Legal Reserve |
0,00 |
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Carry over |
0,00 |
Voluntary Reserve |
20.145,25 |
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Voluntary reserves |
0,00 |
Prior years losses |
0,00 |
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Reserves |
0,00 |
Carry over |
0,00 |
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Other concepts |
0,00 |
Other funds |
0,00 |
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Total of Amounts to be distributed |
20.145,25 |
Dividends |
0,00 |
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Other Applications |
0,00 |
Auditing
Source: filing of annual financial statement 2005
Auditors’ opinion: FAVOURABLE WITH RESERVATIONS
Auditor: FAURA-CASAS AUDITORS CONSULTORS S.L.
Auditing exceptions:
NO SE HA INCLUIDO EN LA MEMORIA ADJUNTA LA INFORMACION PREVISTA EN EL
ARTICULO 127 APARTADO CUARTO DE LA LEY DE SOCIEDADES ANONIMAS Y LA RELATIVA AL
ARTICULO 42 DEL CODIGO DE COMERCIO. LA SOCIEDAD MANTIENE OPERACIONES
COMERCIALES Y FINANCIERAS, NO DETALLADAS EN LA MEMORIA, CON COMPANIAS CON LAS
QUE MANTIENE VINCULACION. LOS ASPECTOS MENCIONADOS NO HAN PODIDO SER
VERIFICADOS Y EN CONSECUENCIA CONSTITUYE UNA LIMITACION A NUESTRO TRABAJO. TAL
Y COMO SE INDICA EN LA NOTA 14 DE LA MEMORIA ADJUNTA LA SOCIEDAD TIENE
RECURRIDAS DIVERSAS LIQUIDACIONES DERIVADAS DE ACTAS DE INSPECCIONES DE
TRIBUTOS ANTE EL TRIBUNAL ECONOMICO ADMINISTRATIVO REGIONAL DE CATALUNA,
MOTIVADAS PRINCIPALMENTE POR DIVERGENCIAS EN LA APLICACION DE LAS DEDUCCIONES
POR INVERSIONES EN INVESTIGACION Y DESARROLLO. A LA FECHA DE EMISION DEL
PRESENTE INFORME NO EXISTE RESOLUCION SOBRE EL MISMO.
company ADDRESSES
Current Legal Seat Address:
CALLE CAPITAN HAYA, 51
28020 MADRID
Characteristics of the current address
Type of establishment: store
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE ALEMANYA, 60 |
08201 |
SABADELL |
Barcelona |
|
POLIGONO IND RIU RIPOLL-CM POTASA KM 2,5 |
08201 |
SABADELL |
Barcelona |
There are 2 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
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Distribution of the administration board |
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Governing body : 2 members (latest change:
02/04/2007) Other Positions : 3 (latest change: 02/01/2002) Auditor : 1 (latest change: 29/01/2007) Operative Board Members : 4 (latest change: 02/03/2009) Non-current positions : 1 (latest change: 31/12/1995) |
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Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
ADMINISTRATOR |
BOSSER ROVIRA, FRANCISCO |
02/04/2007 |
|
ADMINISTRATOR |
BOSSER ROVIRA, MIGUEL |
02/04/2007 |
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Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
FAURA CASAS AUDITORS CONSULTORS SL |
29/01/2007 |
There are 6 board members, directors and auditors registered
|
POSITION |
NAME AND SURNAME |
|
General Manager |
BOSSER ROVIRA, FRANCISCO |
|
Financial Manager |
BOSSER TORRENS, MARIA ANGELES |
|
Human Resources Director |
BOSSER TORRENS, MARIA ANGELES |
|
Exports Director |
BOSSER ROVIRA, FRANCISCO |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BOSSER ROVIRA FRANCISCO |
|
25,00 |
OWN SOURCES |
17/10/2011 |
|
|
BOSSER ROVIRA MIGUEL |
|
25,00 |
OWN SOURCES |
17/10/2011 |
|
|
BOSSER ROVIRA JOSEFA |
|
25,00 |
OWN SOURCES |
17/10/2011 |
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|
BOSSER ROVIRA ROSA MARIA |
|
25,00 |
OWN SOURCES |
17/10/2011 |
There are 4 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
GALBULA SL |
B60413184 |
100,00 |
OWN SOURCES |
09/10/2008 |
|
|
QUALITY INFORMATION SYSTEMS SA |
A80137631 |
49,99 |
OWN SOURCES |
15/06/2009 |
|
|
RIU RIPOLL AIE. |
G62977400 |
Indef. |
B.O.R.M.E. |
24/02/2003 |
There are 3 direct financial links through participations
registered
Company with
rating inferior to 7
POTENTIAL LINKS
Search for Link by Administrator
Search Criterion: ”MIGUEL BOSSER ROVIRA”
|
COMPANY |
POSITION |
PROVINCE |
|
PACERCA S.L. |
Vicepresidente |
BARCELONA |
|
INMOBILIARIA CAN ORIACH SL |
Vicepresidente |
BARCELONA |
|
FABRILIA SL |
Vicepresidente |
BARCELONA |
|
B 3 CIA DE VALORES MOBILIARIOS SA |
Administrador Único |
MADRID |
|
SSOB INTERNACIONAL S.L. |
Administrador Único |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
BUSINESS
INFORMATION
Incorporation date: 05/01/1960
Establishment date: 01/01/1915
Founder’s Name: Hermanos Emilio y Miguel Bosser Badia, los cuales en la fecha antes indicada los aportaron a la titular
Activity: Preparation of wool
NACE 2009 CODE: 1320
NACE 2009 Activity: Weaving of textiles
Business: FABRICACION Y VENTA DE HILADOS Y TEJIDOS DE LANA,
ESTAMBRE Y CUALESQUIERA FIBRAS TEXTILES Y ACTIVIDADES RELACIONADAS CON LA
LOGISTICA.
Latest employees figure: 20 (2011)
% of fixed employees: 65,12%
% of temporary employees: 34,88%
Employees evolution
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COMMERCIAL OPERATIONS
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
GALBULA S.L |
NO |
There are 1 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
GALBULA SL |
NO |
|
GALBULA |
NO |
There are 2 Clients
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
5540 |
ALFONSO XIII, 25 |
SABADELL |
Barcelona |
|
BANCO SANTANDER, S.A. |
5276 |
AV BARBERA 377 APDO. 00000 |
SABADELL |
Barcelona |
|
BANCO DE SABADELL, S.A. |
0900 |
PZ SANT ROC 000020 |
SABADELL |
Barcelona |
|
CAIXABANK, S.A. |
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MADRID |
|
There are 4 bank entities registered
Brand name: TRAMA NOVA (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 23/01/2007
Brand name: B DI BIELLA (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 07/09/2001
Brand name: SARTI DE PIACENZA (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 07/09/2001
Brand name: SARTORIA DI FIRENZE (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 07/09/2001
There are 4 brands, signs and commercial names
LEGAL
STRUCTURE
Constitution Data
Register Date: 05/01/1960
Legal form: Joint-stock Company
Social Capital: 633.814,60 €
Paid-up capital: 633.814,60 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL COMPANIES
REGISTRY GAZETTE)
Acts on activity: 1 (Last: 31/12/2007)
Acts on administrators: 8 (Last: 02/04/2007, first:
05/05/1997)
Acts on capital: 4 (Last: 02/04/2007, first:
07/06/1996)
Acts on creation: 0
Acts on filed accounts: 14 (Last: 05/02/2007, first:
04/11/1993)
Acts on identification: 0
Acts on Information: 3 (Last: 05/05/2004, first:
07/06/1996)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Registered activity change |
31/12/2007 |
650350 |
Madrid |
|
Re-elections |
02/04/2007 |
192349 |
Madrid |
|
Capital enlargement |
02/04/2007 |
192348 |
Madrid |
|
Capital enlargement |
02/04/2007 |
192348 |
Madrid |
|
Re-elections |
29/01/2007 |
51196 |
Madrid |
|
Appointments |
15/12/2005 |
530148 |
Madrid |
|
Modification of the Articles of Association |
05/05/2004 |
212628 |
Madrid |
|
Capital enlargement |
05/05/2004 |
212628 |
Madrid |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2005) |
05/02/2007 |
102914 |
Madrid |
|
Annual Filed Accounts (2004) |
27/10/2006 |
821688 |
Madrid |
|
Annual Filed Accounts (2003) |
21/12/2005 |
1044608 |
Madrid |
There are 30 acts registered
PRESS ARTICLES
Press summary by type of information (last five years)
Legal notices: 1 (Last: 19/10/2007)
Structural Data: 0
Informative data: 0
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 2 (Last: 11/06/2004, first: 27/12/1995)
Latest press article published
19/10/2007 LA GACETA - LEGAL ANNOUNCEMENTS
LA JUNTA GRAL. EXTRAORDINARIA Y UNIVERSAL DE ESTA SDAD. CELEBRADA EL DIA
27/07/07, ACORDO POR UNANIMIDAD AMPLIAR EL OBJETO SOCIAL, QUE EN ADELANTE SERA:
LA FABRICACION Y VENTA DE HILADOS Y TEJIDOS DE LANA, ESTAMBRE Y CUALESQUIERA
FIBRAS TEXTILES, Y A TODAS LAS OPERACIONES AUXILIARES O QUE TENGAN RELACION CON
DICHO RAMO INDUSTRIAL YA DIRECTAMENTE O BAJO LA MODALIDAD DE ARRIENDO U OTRAS
FORMAS ADMITIDAS EN DERECHO; TODAS LAS ACTIVIDADES RELACIONADAS CON LA
LOGISTICA Y SUS ASIMILADOS DE ALQUILER Y PROMOCION DE EDIFICIOS INDUSTRIALES Y
LOGISTICOS.
11/06/2004 LA VANGUARDIA - CORPORATE INFORMATION
EL GRUPO TEXTIL BOSSER DE SABADELL HA PRESENTADO UN EXPEDIENTE DE
REGULACION DE EMPLEO (ERE) QUE AFECTA A 60 TRABAJADORES, DEBIDO A LOS PROBLEMAS
ECONOMICOS Y PRODUCTIVOS QUE SUFRE LA EMPRESA, QUE REGISTRA PERDIDAS DESDE HACE
VARIOS AŃOS. EL ERE AFECTARIA A TRES DE LAS CUATRO FIRMAS DEL GRUPO.
27/12/1995 LA GACETA - LEGAL ANNOUNCEMENTS
LA JUNTA GENERAL UNIVERSAL EXTRAORDINARIA DE 4-12-95 ACORDO REDUCIR EL
CAPITAL SOCIAL EN 600.000 PTAS., QUEDANDO ESTABLECIDO EN 74.400.000 PTAS.
There are 3 press articles registered for this company
Complementary Information
Commercial Operations
La titular utiliza 2 marcas: ‘TEJIDOS ESPECIALES’ para los tejidos de
mujer y para la industria, y ‘M BOSSER’ para los tejidos de hombre.
FINANCIAL INFORMATION
The information on the last account contained in this report is extracted from the Mercantile Register file of the legal address of the Company and dated 12/02/2007.
BALANCE SHEET
Assets
Figures given in €
|
|
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
|
B) FIXED ASSETS |
640.799,62 |
573.817,98 |
557.213,25 |
|
I. Incorporation costs |
|
|
6.327,24 |
|
II. Intangible fixed assets |
56.909,55 |
16.864,95 |
12.515,07 |
|
Leasing |
112.156,91 |
27.187,24 |
27.187,24 |
|
Amortizations |
-55.247,36 |
-10.322,29 |
-14.672,17 |
|
III. Tangible fixed assets |
81.202,58 |
54.265,54 |
35.683,45 |
|
Property, plant and equipment |
1.113,74 |
1.113,74 |
1.113,74 |
|
Machinery, equipment and other |
47.919,96 |
47.919,96 |
47.919,96 |
|
Other property plant and equipment |
248.908,02 |
248.908,02 |
248.908,02 |
|
Prepaid expenses on fixed assets |
293.429,21 |
|
|
|
Other assets |
|
274.444,51 |
260.196,38 |
|
Amortizations |
-510.168,35 |
-518.120,69 |
-522.454,65 |
|
IV. Financial fixed assets |
502.687,49 |
502.687,49 |
502.687,49 |
|
Shares in affiliated companies |
3.005,06 |
3.005,06 |
3.005,06 |
|
Long term Securities portfolio |
14.239,48 |
14.239,48 |
14.239,48 |
|
Other loans |
485.022,24 |
485.022,24 |
485.022,24 |
|
Long term deposits and guarantees |
420,71 |
420,71 |
420,71 |
|
V. Own Shares |
|
|
|
|
VI. Long term trade liabilities |
|
|
|
|
C) DEFERRED EXPENSES |
2.915,09 |
691,65 |
257,84 |
|
D) CURRENT ASSETS |
20.663.006,56 |
20.956.473,59 |
20.608.970,69 |
|
I. Shareholders by required outlays |
|
|
|
|
II. Stocks |
8.690.778,05 |
8.360.497,93 |
7.545.297,73 |
|
Raw material inventory |
8.775.938,25 |
8.451.277,93 |
7.640.625,93 |
|
Provisions |
-85.160,20 |
-90.780,00 |
-95.328,20 |
|
III. Debtors |
9.803.543,84 |
11.712.092,63 |
11.666.887,32 |
|
Clients |
8.901.133,95 |
11.440.063,70 |
11.448.745,61 |
|
Amounts owned by affiliated companies |
8.684,83 |
254.250,25 |
|
|
Other debts |
38.803,89 |
38.559,19 |
28.732,77 |
|
Government |
1.207.675,15 |
331.973,47 |
189.408,94 |
|
Provisions |
-352.753,98 |
-352.753,98 |
|
|
IV. Temporary financial investment |
|
|
|
|
V. Short-term own shares |
|
|
|
|
VI. Treasury |
2.168.684,67 |
883.883,03 |
1.312.227,03 |
|
VII. Periodification adjustments |
|
|
84.558,61 |
|
TOTAL ASSETS (A + B + C + D) |
21.306.721,27 |
21.530.983,22 |
21.166.441,78 |
Liabilities
Figures given in €
|
|
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
A) EQUITY |
6.931.723,12 |
8.370.998,97 |
8.391.144,27 |
|
I. Issued Capital |
527.326,41 |
633.823,61 |
633.823,61 |
|
II. Issue premium |
982.826,60 |
2.276.329,40 |
2.276.329,40 |
|
III. Revaluation reserve |
|
|
|
|
IV. Reserves |
5.481.276,91 |
5.481.276,91 |
5.481.276,91 |
|
Legal Reserve |
89.430,60 |
89.430,60 |
89.430,60 |
|
Other funds |
5.391.846,31 |
5.391.846,31 |
5.391.846,31 |
|
V. Results from previous years |
|
-59.706,80 |
-20.430,95 |
|
Prior years losses |
|
-59.706,80 |
-20.430,95 |
|
VI. Profit and Losses |
-59.706,80 |
39.275,85 |
20.145,30 |
|
VII. Dividend paid during the year |
|
|
|
|
VIII. Own shares for capital reduction |
|
|
|
|
B) DEFERRED INCOME |
|
|
|
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
D) LONG TERM LIABILITIES |
3.000.513,74 |
1.896.670,24 |
1.247.081,43 |
|
I. Bonds issue and other negotiable values |
|
|
|
|
II. Debts with bank entities |
324.864,62 |
189.830,79 |
58.279,59 |
|
Long term bank loans |
302.281,71 |
180.481,71 |
54.828,46 |
|
Leasing |
22.582,91 |
9.349,08 |
3.451,13 |
|
III. Debts with associated and affiliated companies |
|
|
|
|
IV. Other creditors |
2.675.649,12 |
1.706.839,45 |
1.188.801,84 |
|
Other debts |
2.675.498,87 |
1.706.689,20 |
1.188.651,59 |
|
Long term deposit and guaranties |
150,25 |
150,25 |
150,25 |
|
V. Deferred debts on shares |
|
|
|
|
VI. Long term debt with creditor |
|
|
|
|
E) SHORT TERM LIABILITIES |
11.374.484,41 |
11.263.314,01 |
11.528.216,08 |
|
I. Bonds issue and other negotiable values |
|
|
|
|
II. Debts with bank entities |
5.780.151,86 |
6.022.711,33 |
6.210.128,45 |
|
Loans and other debts |
5.780.151,86 |
6.022.711,33 |
6.200.215,85 |
|
Debt interest |
|
|
9.912,60 |
|
III. Short term debts with associated and affiliated companies |
|
|
55.781,06 |
|
With affiliated companies |
|
|
55.781,06 |
|
IV. Trade creditors |
4.834.343,01 |
4.711.070,57 |
4.707.525,85 |
|
Accounts payable |
|
4.711.070,57 |
|
|
Expenses |
4.834.343,01 |
|
4.707.525,85 |
|
V. Other non-commercial debt |
666.999,66 |
475.565,59 |
554.780,72 |
|
Government |
453.174,51 |
334.507,78 |
213.039,37 |
|
Other debts |
56.478,73 |
40.995,34 |
263.111,06 |
|
Accounts receivable |
157.346,42 |
100.062,47 |
78.630,29 |
|
VI. Provisions for current assets |
|
|
|
|
VII. Periodification adjustments |
92.989,88 |
53.966,52 |
|
|
F) SHORT TERM PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
21.306.721,27 |
21.530.983,22 |
21.166.441,78 |
PROFIT AND LOSS
ACCOUNT
Items of the Profit and Loss Account
Figures given in €
|
|
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
A) EXPENSES (A.1 a A.15) |
18.916.124,83 |
15.582.901,43 |
13.741.435,40 |
|
A.1. Operating costs |
15.211.546,11 |
12.128.356,50 |
11.140.856,63 |
|
A.2. Labour cost |
1.661.246,98 |
1.356.163,92 |
1.033.275,37 |
|
Wages |
1.321.385,53 |
1.072.440,09 |
808.083,30 |
|
Social security expenses |
339.861,45 |
283.723,83 |
225.192,07 |
|
A.3. Assets Amortization |
78.239,30 |
42.028,78 |
29.259,13 |
|
A.4. Variation in provision for current assets |
-211.437,63 |
5.619,80 |
27.454,16 |
|
A.5. Other operating costs |
1.598.616,39 |
1.343.404,81 |
1.025.250,44 |
|
A.I. OPERATING RESULT (B.1-A.1-A.2-A.3-A.4-A.5) |
|
645.984,69 |
458.740,42 |
|
A.6. Financial expenses and similar |
360.320,86 |
315.717,62 |
382.933,09 |
|
Debts with associated companies |
360.320,86 |
|
|
|
Other companies debts |
|
315.717,62 |
382.933,09 |
|
A.7. Variation in financial investment provision |
110.846,37 |
|
|
|
A.8. Negative change difference |
|
41.510,80 |
40.117,96 |
|
A.II. POSITIVE FINANCIAL RESULTS (B.2+B.3-A.6-A.7-A.8) |
|
|
|
|
A.III. PROFIT FROM ORDINARY ACTIVITIES (A.I+A.II-B.I-B.II) |
|
368.320,84 |
56.597,94 |
|
A.9. Variation in provision in fixed assets |
|
|
|
|
A.10. Losses in fixed assets |
|
22.980,33 |
|
|
A.11. Losses from own shares and bonds |
|
|
|
|
A.12. Extraordinary charges |
6.762,89 |
292.623,74 |
50.401,18 |
|
A.13. Other exercises’ expenses and losses |
132.133,37 |
13.346,60 |
1.039,97 |
|
A.IV. POSITIVE EXTRAORDINARY RESULT
(B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13) |
386.751,14 |
|
|
|
A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV) |
|
60.424,38 |
30.992,77 |
|
A.14. Corporate Taxes |
-32.149,81 |
21.148,53 |
10.847,47 |
|
A.15. Other taxes |
|
|
|
|
A.VI. EXERCISE RESULT (PROFIT) (A.V-A.14-A.15) |
|
39.275,85 |
20.145,30 |
|
B) INCOMES (B.1 to B.8) |
18.856.418,03 |
15.622.177,28 |
13.761.580,70 |
|
B.1. Operating income |
18.287.613,93 |
15.521.558,50 |
13.714.836,15 |
|
Net Turnover |
17.136.077,57 |
15.497.629,43 |
13.701.751,96 |
|
Other operating income |
1.151.536,36 |
23.929,07 |
13.084,19 |
|
B.I. OPERATING LOSSES (A.1+A.2+A.3+A.4+A.5-B.1) |
50.597,22 |
|
|
|
B.2. Financial Income |
25.601,12 |
25.736,44 |
3.857,22 |
|
Other |
25.601,12 |
25.736,44 |
3.857,22 |
|
B.3. Positive change difference |
17.555,58 |
53.828,13 |
17.051,35 |
|
B.II. NEGATIVE FINANCIAL RESULTS (A.6+A.7+A.8-B.2-B.3) |
428.010,53 |
277.663,85 |
402.142,48 |
|
B.III. LOSSES FROM ORDINARY ACTIVITIES (B.I+B.II-A.I-A.II) |
478.607,75 |
|
|
|
B.4. B.9. Gains from disposal of fixed assets |
252.659,92 |
|
399,97 |
|
B.5. Gains from dealing in own shares |
|
|
|
|
B.6. Paid in surplus |
|
|
|
|
B.7. Extraordinary income |
736,29 |
656,42 |
14.804,01 |
|
B.8. Other year’s income and profits |
272.251,19 |
20.397,79 |
10.632,00 |
|
B.IV. NEGATIVE EXTRAORDINARY LOSSES
(A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8) |
|
307.896,46 |
25.605,17 |
|
B.V. LOSS BEFORE TAXES (B.III+B.IV-A.III-A.IV) |
91.856,61 |
|
|
|
B.VI. EXERCISE RESULTS (LOSS) (B.V+A.14+A.15) |
59.706,80 |
|
|
FINANCIAL BALANCE
Here the Main Capital Amounts of the company and the Revolving Fund
Evolution are analysed.
Financial Balance Table
Figures given in €
|
|
31/12/2003 (12) |
% |
31/12/2004 (12) |
% |
31/12/2005 (12) |
% |
|
A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
|
|
|
|
|
|
|
B) FIXED ASSETS |
640.799,62 |
3,01 |
573.817,98 |
2,67 |
557.213,25 |
2,63 |
|
C) DEFERRED EXPENSES |
2.915,09 |
0,01 |
691,65 |
0,00 |
257,84 |
0,00 |
|
D) CURRENT ASSETS |
20.663.006,56 |
96,98 |
20.956.473,59 |
97,33 |
20.608.970,69 |
97,37 |
|
TOTAL ASSETS (A + B + C + D) |
21.306.721,27 |
|
21.530.983,22 |
|
21.166.441,78 |
|
|
|
||||||
|
A) EQUITY |
6.931.723,12 |
32,53 |
8.370.998,97 |
38,88 |
8.391.144,27 |
39,64 |
|
B) DEFERRED INCOME |
|
|
|
|
|
|
|
C) PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
|
|
|
D) LONG TERM LIABILITIES |
3.000.513,74 |
14,08 |
1.896.670,24 |
8,81 |
1.247.081,43 |
5,89 |
|
E) SHORT TERM LIABILITIES |
11.374.484,41 |
53,38 |
11.263.314,01 |
52,31 |
11.528.216,08 |
54,46 |
|
F) SHORT TERM PROVISIONS FOR LIABILITIES AND EXPENSES |
|
|
|
|
|
|
|
LIABILITIES (A + B + C + D + E + F) |
21.306.721,27 |
|
21.530.983,22 |
|
21.166.441,78 |
|
RATIOS
Main Ratios
|
|
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
9.288.522,15 |
9.693.159,58 |
9.080.754,61 |
|
Working capital ratio |
0,44 |
0,45 |
0,43 |
|
Working capital requirement (€) |
12.899.989,34 |
14.831.987,88 |
13.978.656,03 |
|
Soundness Ratio |
10,82 |
14,59 |
15,06 |
|
External Funds on Equity |
2,07 |
1,57 |
1,52 |
|
Average collection period (days) |
206 |
272 |
307 |
|
Average payment period (days) |
104 |
126 |
139 |
|
LIQUIDITY RATIOS |
|||
|
Current ratio (%) |
181,66 |
186,06 |
178,77 |
|
Quick Ratio (%) |
19,07 |
7,85 |
11,38 |
|
Treasury (€) |
-3.611.467,19 |
-5.138.828,30 |
-4.897.901,42 |
|
Sales on current assets (days) |
299 |
266 |
239 |
|
DEBT RATIOS |
|||
|
Borrowing Percentage (%) |
28,65 |
28,85 |
29,88 |
|
External Financing Average Cost |
0,06 |
0,05 |
0,06 |
|
Debt Service Coverage |
329,42 |
76,41 |
128,01 |
|
Interest Coverage |
-0,14 |
2,05 |
1,20 |
|
GENERAL ACTIVITY RATIOS |
|||
|
Auto financing generated by sales (%) |
0,11 |
0,52 |
0,36 |
|
Auto financing generated by Assets (%) |
0,09 |
0,38 |
0,23 |
|
Breakdown Point |
1,00 |
1,04 |
1,04 |
|
Average Sales Volume per Employee |
336.001,52 |
262.671,68 |
318.645,39 |
|
Average Cost per Employee |
32.573,47 |
22.985,83 |
24.029,66 |
|
Assets Turnover |
0,80 |
0,72 |
0,65 |
|
Inventory Turnover (days) |
206 |
248 |
244 |
|
Increase of the Sales Figures (%) |
-8,38 |
-9,56 |
-11,59 |
|
Added value growth (%) |
-35,12 |
38,74 |
-24,44 |
|
Labour Productivity |
0,89 |
1,51 |
1,50 |
|
Cash flow (€) |
-82.058,76 |
86.924,43 |
76.858,59 |
|
SOLVENCY RATIOS |
|||
|
Payback Capacity |
-0,01 |
0,01 |
0,01 |
|
Assets Guarantee |
1,48 |
1,64 |
1,66 |
|
Short Term Debts Proportion (%) |
79,13 |
85,59 |
90,24 |
Results Analysis
Ratios
|
|
31/12/2003 (12) |
31/12/2004 (12) |
31/12/2005 (12) |
|
Return on Assets (ROA) (%) |
-0,24 |
3,00 |
2,17 |
|
Return on Equity (ROE) (%) |
-1,32 |
0,72 |
0,37 |
|
Operating Profitability (%) |
-0,86 |
3,22 |
2,44 |
|
General Profitability (%) |
-0,35 |
0,25 |
0,15 |
|
Equity gearing |
29,08 |
1,47 |
0,31 |
ADDITIONAL INFORMATION
Consulted Sources
Central Trade Register
Mercantile Registrars
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
Telephone directory: PÁGINAS AMARILLAS
Telephone directory: PÁGINAS BLANCAS
This company has been consulted was last displayed on 10/10/2011,
21 times in the last quarter and 1.033 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.71 |
|
UK Pound |
1 |
Rs.78.09 |
|
Euro |
1 |
Rs.68.05 |
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.