MIRA INFORM REPORT

 

 

Report Date :           

27.09.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

GAUDER & CO

 

 

Registered Office :

Rue de la Rvision 93, Chenee, 4032

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2010

 

 

Year of Establishment :

1976

 

 

Com. Reg. No.:

416481574

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

Wholesale of machine tools

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Belgium

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

Company name & address 

 

Gauder & Co

Rue de la Rvision 93

Chenee, 4032

Belgium

Tel:       04 367 87 87

Fax:      04 367 87 98

 

 

Synthesis  

 

Employees:                  NA

Company Type:            Private Subsidiary

Corporate Family:          4 Companies

Ultimate Parent:            Gsp Holding

Incorporation Date:         1976   

Financials in:                 usd (Millions)

Fiscal Year End:            31-Dec-2010

Reporting Currency:       Euro

Annual Sales:                0.0  1

Total Assets:                 27.6

 

 

Business Description     

 

Wholesale of machine tools

 

Industry             

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    3419 - Other Specialised Industrial Machinery and Equipment Wholesaling

NACE 2002:      5181 - Wholesale of machine tools

NAICS 2002:     423830 - Industrial Machinery and Equipment Merchant Wholesalers

UK SIC 2003:    5181 - Wholesale of machine tools

US SIC 1987:    5084 - Industrial Machinery and Equipment

 

           

Key Executives   

 

Name

Title

Leopold Lequeux

Administrator

Jean Gerard Ghislain Dodemont

Representative/Auditor

Thierry Laurent Henri Ghislain Collard

Shareholders' Representative

Jean-Pierre Gaston Victor Davenne

Shareholders' Representative

Philippe Degive

Shareholders' Representative

 

 

News   

 

Title

Date

Strongman makes a 999 call for charity
Birmingham Mail (UK) (173 Words)

8-Aug-2011

Afghanistan cricketers here on short tour
Sri Lanka Daily Mirror (155 Words)

7-Jul-2011

Afghan cricketers on short tour
Sri Lanka Daily News (165 Words)

7-Jul-2011

Publication No. AU2010236009 Published on May 19, Assigned to ABB Technology for Grounding Photovoltaic Modules System and Method
Australian Government (258 Words)

4-Jun-2011

Australia Patent: ABB Technology Files Application for 'Method and apparatus for monitoring a process and/or a technical installation'
Australian Government (78 Words)

25-May-2011

 

 

Registered No.(VAT): 416481574

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 

 

Corporate Overview

 

Location

Rue de la R?vision 93

Chenee, 4032

Belgium

Tel:       04 367 87 87

Fax:      04 367 87 98

           

Sales EUR(mil):             0.0

Assets EUR(mil):           20.5

Employees:                   NA

Fiscal Year End:            31-Dec-2010

Industry:                        Miscellaneous Capital Goods

Incorporation Date:         1976

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(VAT):     416481574

Administrator:                Leopold Lequeux

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

 

Industry Codes

 

ANZSIC 2006 Codes:

3419     -          Other Specialised Industrial Machinery and Equipment Wholesaling

34         -          Machinery and Equipment Wholesaling

 

NACE 2002 Codes:

5181     -          Wholesale of machine tools

518       -          Wholesale of machinery, equipment and supplies

 

NAICS 2002 Codes:

4238     -          Machinery, Equipment, and Supplies Merchant Wholesalers

423830  -          Industrial Machinery and Equipment Merchant Wholesalers

 

US SIC 1987:

5084     -          Industrial Machinery and Equipment

508       -          Machinery, Equipment, and Supplies

 

UK SIC 2003:

518       -          Wholesale of machinery, equipment and supplies

5181     -          Wholesale of machine tools

 

Business Description

Wholesale of machine tools

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

0.0

Assets:

20.5

Current Assets:

11.7

 

Fixed Assets:

8.8

 

Total Liabilities:

20.5

 

Issued Capital:

4.1

 

Net Worth:

4.1

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

NA

NA

 

 

 

Corporate Family

Corporate Structure News:

 

Gauder & Co

Gauder & Co 
Total Corporate Family Members: 4 

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Gsp Holding

Parent

 

 

 

 

 

 

Gauder & Co

Subsidiary

Chenee

Belgium

Miscellaneous Capital Goods

0.0

 

 

Maurice Mathieu

Subsidiary

Zwijndrecht

Belgium

Food Processing

11.2

71

 

Cbc

Subsidiary

Bruxelles

Belgium

Business Services

1.7

26

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Leopold Lequeux

 

Administrator

Administration Executive

 

Jean Gerard Ghislain Dodemont

 

Representative/Auditor

Accounting Executive

 

Thierry Laurent Henri Ghislain Collard

 

Shareholders' Representative

Shareholder Relations Executive

 

Jean-Pierre Gaston Victor Davenne

 

Shareholders' Representative

Shareholder Relations Executive

 

Philippe Degive

 

Shareholders' Representative

Shareholder Relations Executive

 

Philippe Dinon

 

Shareholders' Representative

Shareholder Relations Executive

 

Jacques Mathen

 

Shareholders' Representative

Shareholder Relations Executive

 

 

Annual Profit & Loss

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

52 Weeks

52 Weeks

52 Weeks

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

0.683679

Consolidated

No

No

No

 

 

 

 

    Turnover

-

-

1.8

    Other Operating Income

5.9

6.2

10.8

Operating Income

5.9

6.2

12.6

        Purchases

3.9

4.0

7.4

    Raw Materials, Consumables, and Goods for Release

3.9

4.0

7.4

    Services and Sundry Goods

0.7

0.8

1.1

    Remuneration, Social Security Charges, and Pensions

0.5

0.7

1.0

    Depreciation of and Other Amounts Written Off of Formation Expense, Intangible and Tangible Fixed Assets

0.0

0.1

0.1

    Other Operating Charges

0.0

0.0

0.0

Operating Charges

5.2

5.6

9.6

    Income From Financial Fixed Assets

0.8

1.9

3.1

    Income From Current Assets

0.0

0.0

0.1

    Other Financial Income

0.1

0.1

0.2

Financial Income

1.0

2.1

3.4

    Interest and Other Debt Charges

0.2

0.2

0.3

    Other Financial Charges

0.1

0.1

0.7

Financial Charges

0.3

0.4

1.0

    Gain on Disposal of Fixed Assets

0.0

-

-

    Other Extraordinary Income

0.0

-

-

Extraordinary Income

0.0

-

-

    Amounts Written Off on Financial Fixed Assets

0.0

-

-

    Other Extraordinary Charges

0.8

0.0

0.0

Extraordinary Charges

0.8

0.0

0.0

    Income Taxes

-

0.1

0.7

    Adjustment of Income Taxes and Write-Back of Tax Provisions

-

-

0.0

Income Taxes

-

0.1

0.7

        To the Legal Reserve

-

-

0.1

    Transfers to Capital and Reserves

-

-

0.1

        Return on Capital

-

0.3

1.6

        Administrators or Managers

-

0.2

0.2

    Profit to be Distributed

-

0.5

1.8

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

        Furniture and Vehicles

0.1

0.1

0.1

    Tangible Assets

0.1

0.1

0.1

        Participating Interests

11.8

14.3

13.9

        Affiliated Enterprises

11.8

14.3

13.9

        Shares

0.0

0.0

0.0

        Amounts Receivable and Cash Guarantees

0.0

0.0

0.1

        Other Capital Assets

0.0

0.0

0.1

    Capital Assets

11.8

14.3

13.9

Fixed Assets

11.9

14.4

14.1

        Trade Debtors

4.9

4.7

6.1

        Other Amounts Receivable

9.7

6.4

5.6

    Amounts Receivable Within One Year

14.6

11.1

11.7

        Other Investments and Deposits

0.0

0.0

4.7

    Investments

0.0

0.0

4.7

    Liquid Assets

0.9

0.1

0.5

    Adjustment Accounts

0.2

0.0

0.1

Current Assets

15.7

11.2

17.1

Total Assets

27.6

25.6

31.1

        Issued Capital

5.6

6.0

5.8

    Capital

5.6

6.0

5.8

    Gain From Revaluation of Assets

1.5

3.3

3.2

        Legal Reserve

0.6

0.6

0.6

        Untaxed Reserves

0.0

0.0

0.0

    Reserves

0.6

0.6

0.6

Capital and Reserves

17.5

19.6

17.3

        Credit Institutions

0.0

0.0

0.7

        Financial Debts

0.0

0.0

0.7

    Amounts Due After More Than One Year

0.0

0.0

0.7

        Current Portion of Amounts Payable After More Than One Year

0.5

0.7

2.6

        Credit Institutions

0.0

-

-

        Financial Debts

0.0

-

-

        Suppliers

2.2

2.1

1.6

        Trade Debts

2.2

2.1

1.6

        Taxes

0.1

0.1

1.0

        Remuneration and Social Security

0.1

0.2

0.2

        Taxes, Wages, and Social Security

0.2

0.4

1.2

        Other Amounts Payable

6.8

2.8

7.7

    Amounts Payable Within One Year

9.7

6.0

13.1

    Adjustment Accounts

0.3

0.0

0.1

Creditors

10.1

6.0

13.8

Total Liabilities + Shareholders' Equity

27.6

25.6

31.1

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.62

UK Pound

1

Rs.76.68

Euro

1

Rs.66.47

 

 

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%)

 

 

 

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.