MIRA INFORM REPORT
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Report Date : |
17.09.2011 |
IDENTIFICATION DETAILS
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Name : |
EUROZOULIKA DISTRIBUCIONES SL |
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Registered Office : |
C/ General Astilleros, 46 - Local 1., Melilla, 52006 |
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Country : |
Spain |
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Financials (as on) : |
31.12.2009 |
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Year of Establishment : |
2007 |
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Com. Reg. No.: |
B52018454 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Non-specialised wholesale of food, beverages and tobacco |
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 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 & address
Eurozoulika Distribuciones Sl
C/ General Astilleros, 46 - Local 1.
Melilla, 52006
Spain
Synthesis
Employees: NA
Company Type: Private Independent
Incorporation Date: 2007
Financials in: USD
(Millions)
Fiscal Year End:
21-Sep-2010
Reporting Currency: Euro
Annual Sales: 13.9
Net Income: 0.2
Total Assets: 2.0
Business Description
Non-specialised wholesale of food, beverages and tobacco
Industry
Industry Food Processing
ANZSIC 2006: 3609 - Other
Grocery Wholesaling
NACE 2002: 5139 -
Non-specialised wholesale of food, beverages and tobacco
NAICS 2002: 424490 - Other
Grocery and Related Products Merchant Wholesalers
UK SIC 2003: 5139 -
Non-specialised wholesale of food, beverages and tobacco
US SIC 1987: 5149 - Groceries
and Related Products, Not Elsewhere Classified
Key Executives
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Name |
Title |
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Dris Siham Ismael |
Administrator, Director/General Manager |
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Siham Ismael Dris |
Single Partner |
Registered No.(ESP): B52018454
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7387732
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7614697
Corporate Overview
Location
C/ General Astilleros, 46 - Local 1.
Melilla, 52006
Spain
Sales EUR(mil): 10.3
Assets EUR(mil): 1.5
Employees: NA
Fiscal Year End: 21-Sep-2010
Industry: Food Processing
Incorporation Date: 2007
Company Type: Private Independent
Quoted Status: Not Quoted
Registered No.(ESP): B52018454
Administrator,
Director/General Manager: Dris
Siham Ismael
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3609 - Other Grocery Wholesaling
NACE 2002 Codes:
5139 - Non-specialised wholesale of food, beverages and tobacco
NAICS 2002 Codes:
424490 - Other Grocery and Related Products Merchant Wholesalers
US SIC 1987:
5149 - Groceries and Related Products, Not Elsewhere Classified
UK SIC 2003:
5139 - Non-specialised wholesale of food, beverages and tobacco
Business
Description
Non-specialised wholesale of food, beverages and tobacco
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Executive report
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Executives |
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Administrator, Director/General Manager |
Division Head Executive |
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Single Partner |
Partner |
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
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Charges |
14.1 |
6.8 |
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Staff Costs |
0.0 |
0.0 |
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Social
Security Costs |
0.0 |
0.0 |
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Depreciation |
0.0 |
0.0 |
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Other Operating
Charges |
0.2 |
0.1 |
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Operating
Benefits |
0.2 |
0.2 |
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Net Financial
Income |
0.0 |
- |
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Profit From
Ordinary Activities |
0.2 |
0.2 |
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Extraordinary
Expenses |
0.0 |
- |
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Profit Before
Taxes |
0.2 |
0.2 |
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Corporation Tax |
0.0 |
0.0 |
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Financial Year
Result (Profit) |
0.2 |
0.2 |
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Income |
14.3 |
6.9 |
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Net Total Sales |
14.3 |
6.9 |
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Negative
Financial Results |
- |
0.0 |
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Negative
Extraordinary Results |
0.0 |
- |
Annual Balance Sheet
Financials
in: USD (mil)
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31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
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Total Tangible
Fixed Assets |
0.1 |
0.1 |
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Total Fixed Assets |
0.1 |
0.1 |
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Total Stocks |
1.7 |
2.3 |
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Total Short-Term
Investments |
0.0 |
0.0 |
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Cash |
0.3 |
0.2 |
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Total Current Assets |
2.0 |
2.5 |
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Total Assets |
2.1 |
2.7 |
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Profit or Loss Brought
Forward |
0.2 |
0.0 |
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Profit or Loss for
the Financial Year |
0.2 |
0.2 |
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Total Equity |
0.4 |
0.2 |
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Total Short Term Creditors |
1.8 |
2.5 |
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Total
Liabilities and Equity |
2.1 |
2.7 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.47 |
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UK Pound |
1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<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.