MIRA INFORM REPORT
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Report Date : |
22.09.2011 |
IDENTIFICATION DETAILS
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Name : |
S.R. DIAMOND BVBA |
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Registered Office : |
62, Pelikaanstraat, Antwerpen |
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Country : |
Belgium |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
03.01.2008 |
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Com. Reg. No.: |
894975250 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Wholesale of diamonds and other precious stones |
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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Status : |
Small Company |
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Payment
Behaviour : |
Slow |
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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) |
|
Belgium |
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 |
Company Summary
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company details |
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Company Number |
894975250 |
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Name |
|
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Address |
62, PELIKAANSTRAAT, ANTWERPEN |
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Post Code |
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Telephone Number |
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Fax Number |
-- |
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Establishment Date |
03-01-2008 |
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Company Status |
ACTIVE |
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Company Type |
Private limited liability company |
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Number of Employees |
0 |
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Activity Description |
Wholesale of diamonds and other precious stones |
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Activity Code |
46761 |
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Liable For Vat |
yes |
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Currency |
Euro (€) |
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Latest Branch Details |
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Street |
-- |
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House Number |
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City |
-- |
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Postal Code |
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Trade Registered Number |
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Trade Registered Entry Date |
-- |
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Contractor Details |
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Registration Number |
-- |
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Contractor Description |
-- |
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Striking Off Date |
-- |
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Latest Event |
|
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Serial Number |
25833 |
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Event Description |
Appointment |
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Limit |
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Credit Information |
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Purchase Limit (€) |
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Industry Comparison |
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Industry Average Credit Limit (€) |
144,390 |
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Payment Expectations |
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Payment Expectations |
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Payment Expectation Days |
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Day Sales Outstanding |
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Industry Comparison |
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Activity Code |
4676 |
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Activity Description |
Wholesale of other intermediate products |
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Industry Average
Day Sales Outstanding |
124.66 |
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Industry Average Payment Expectation Days |
137 |
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Industry Quartile Analysis |
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Payment Expectations - Lower |
41.25 |
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Payment Expectations - Median |
90.32 |
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Payment Expectations - Upper |
162.53 |
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Day Sales Outstanding - Lower |
31.52 |
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Day Sales Outstanding - Median |
75.21 |
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Day Sales Outstanding - Upper |
158.58 |
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Company Shareholder Holding |
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Company Accounts
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Period |
||
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Accounts End Date |
31-12-2009 |
31-12-2008 |
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Currency |
EUR |
EUR |
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Weeks |
52 |
52 |
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Profit & Loss |
||
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Turnover |
- |
- |
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Total Operating Expenses |
- |
- |
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Operating Result |
6,735 |
3,501 |
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Total Financial Income |
1 |
3 |
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Total Financial Expenses |
1,053 |
500 |
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Results on Ordinary Operations Before Tax |
5,683 |
3,003 |
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Taxation |
1,227 |
722 |
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Results on Ordinary Operations After Tax |
4,456 |
2,281 |
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Extraordinary Items |
0 |
0 |
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Net Result |
4,457 |
2,281 |
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Other Information |
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Dividends |
- |
- |
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Director Remuneration |
- |
- |
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Employee Costs |
0 |
0 |
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- Wages & Salaries |
- |
- |
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- Employee Pension Costs |
- |
- |
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- Social Security Contributions |
- |
- |
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- Other Employee Costs |
- |
- |
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Amortization & Depreciation |
- |
- |
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Balance Sheet |
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Intangible Fixed Assets |
0 |
0 |
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Tangible Fixed Assets |
0 |
0 |
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- Land And Buildings |
0 |
0 |
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- Plant And Machinery |
0 |
0 |
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- Other Tangible Assets |
0 |
0 |
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Financial Fixed Assets |
967 |
0 |
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Total Fixed Assets |
967 |
0 |
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Inventories |
908,351 |
420,047 |
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- Raw Materials & Consumables |
0 |
0 |
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- Work in Progress |
0 |
0 |
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- Finished Goods |
0 |
0 |
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- Other Stocks |
908,351 |
420,047 |
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Trade Debtors |
503,918 |
460,055 |
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Cash |
465,016 |
157,588 |
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- Miscellaneous Current Assets |
2,192 |
0 |
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Total Current Assets |
1,882,388 |
1,037,690 |
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Current Liabilities |
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- Trade Creditors |
1,112,041 |
707,221 |
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- Short Term Group Loans |
0 |
0 |
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- Other Short Term Loans |
0 |
0 |
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- Miscellaneous Current Liabilities |
745,140 |
309,588 |
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Total Current Liabilities |
1,857,181 |
1,016,809 |
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Long Term Debts |
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- Long Term Group Loans |
0 |
0 |
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- Other Long Term Loans |
0 |
0 |
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- Other Long Term Liabilities |
836 |
0 |
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Total Long Term Debts |
836 |
0 |
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Shareholders Equity |
||
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- Issued Share Capital |
18,600 |
18,600 |
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- Share Premium Account |
0 |
0 |
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- Reserves |
6,738 |
2,281 |
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- Revaluation Reserve |
0 |
0 |
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Total Shareholders Equity |
25,338 |
20,881 |
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||
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Working Capital |
25,207 |
20,881 |
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Net Worth |
25,338 |
20,881 |
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Ratio Analysis |
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Trading Performance |
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Results on Ordinary Operations Before Taxation Margin |
- |
- |
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Return On Capital Employed |
21.71 |
14.38 |
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Return On Total Assets Employed |
0.30 |
0.29 |
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Return On Net Assets Employed |
22.55 |
14.38 |
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Sales / Net Working Capital |
- |
- |
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Operating Efficiency |
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Stock Turnover Ratio |
- |
- |
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Debtor Days |
- |
- |
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Creditor Days |
- |
- |
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Short Term Stability |
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|
Current Ratio |
1.01 |
1.02 |
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Liquidity Ratio / Acid Ratio |
0.52 |
0.61 |
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Current Debt Ratio |
73.30 |
48.70 |
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Long Term Stability |
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Gearing |
0 |
0 |
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Equity In Percentage |
0.01 |
0.02 |
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Total Debt Ratio |
0 |
0 |
Company Court Data
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Protested Bills |
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Drawee Name |
-- |
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Drawee Address |
-- |
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Bill Amount |
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Bill Currency |
-- |
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Maturity of Bill (month) |
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Name of Drawer |
-- |
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City of Drawer |
-- |
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NSSO Details |
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Name of Defendant |
-- |
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Legal Form of Defendant |
-- |
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Date of Summons |
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Labour Court |
-- |
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Directors |
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Company Director |
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Full Name |
MITESHKUMAR DAHYABHA SHAH |
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Birth Date |
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Position Description |
Manager |
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Address |
6 ATITHYA NAG TALAUDI NAVSARI GUJARAT |
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Country |
India |
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Postal Code |
0 |
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Birth Date |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.89 |
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UK Pound |
1 |
Rs.75.31 |
|
Euro |
1 |
Rs.65.64 |
RATING EXPLANATIONS
|
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 |
|
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.