MIRA INFORM REPORT

 

 

Report Date :

13.04.2012

 

IDENTIFICATION DETAILS

 

Name :

DEEP DRILL TUBULARS B.V.

 

 

Registered Office :

Havenkade 24 1775BA Middenmeer

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

29.04.1996

 

 

Com. Reg. No.:

37075335

 

 

Legal Form :

Besloten Vennootschap

 

 

Line of Business :

Agents involved in the sale of machinery

 

 

No. of Employees :

7

 

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 :

€ 150.000

Status :

Satisfactory

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

CONTACTINFORMATION    

 

Company name

Deep Drill Tubulars B.V.

Tradename

Deep Drill Tubulars B.V.

Address

Havenkade 24

 

1775BA Middenmeer

 

Netherlands

Mail address

Havenkade 24

 

1775BA Middenmeer

 

Netherlands

Telephone number

0227503310

Telefax number

0227502381

E-mail address

info@deepdrill.nl

Website

www.deepdrill.nl

VAT number / RSIN

805467440

 

 

CREDIT LIMIT

 

Credit limit                                 A credit of € 150.000 may be granted

 

 

COMPANY INFORMATION

 

Handelsregisternummer 37075335

Registered in                             Chamber of commerce Noordwest-Holland

First registration                         29-04-1996

Act of foundation                        12-04-1996

Date of constitution                    01-05-1981

Continuation date                       12-04-1996

Last change in statutes              09-12-2008

Legal form                                 Besloten Vennootschap

Place of constitution                   Middenmeer

 

Capital

EUR 90.000

 

Issued capital

EUR 18.400

 

Paid up capital

EUR 18.400

 

 

NACE-code

Agents involved in the sale of machinery (511401)

SBI-code

Agents involved in the sale of machinery (4614)

Formal objective

Groothandel in buizen en aanverwante artikelen ten behoeve van de boorindustrie

Import

China, India, United States of America, Europe

Export

Russian Federation, United States of America, Scandanavia, Africa

 

Employees                                Total: 7

Employees according to CoC      Chamber of commerce: 7

Bookyear                                             2012                 2010                 2009

Number                                                 7                      7                      8

Change                                                 0,00%               -12,50%            14,29%

 

 

COMPANY STRUCTURE

 

Ultimate shareholder/ manager    J.D.J. van Amsterdam Beheer B.V.

Javastraat 126

5215BK 'S-HERTOGENBOSCH

Netherlands

KvK: 17207435

 

J.O.D. van Amsterdam Beheer B.V.

Spanbroekerweg 164

1715GV SPANBROEK

Netherlands

KvK: 37133618

 

Stichting Administratiekantoor B.G.H. van Amsterdam Properties (Trustoffice B.G.H.

van Amste

1716KA OPMEER

Netherlands

KvK: 37107160

 

Ultimate parent company            J.D.J. van Amsterdam Beheer B.V.

Javastraat 126

5215BK 'S-HERTOGENBOSCH

KvK: 17207435

 

Holding company                       Deep Drill Supply Group B.V.

Havenkade 24

1775BA MIDDENMEER

KvK: 36037581

 

Affiliated companies                   Deep Drill Rentals B.V.

Havenkade 24

1775BA MIDDENMEER

KvK: 37060376

 

Deep Drill Equipment B.V.

Havenkade 24

1775BA MIDDENMEER

KvK: 37146497

 

Bank                                         ING Bank NV

Account number: 65.13.62.865

 

 

Real estate

Lease

 

The real estate is checked at the land registration office

 

Object code: WIERINGERMEER G 990

 

Owner: BGH VAN AMSTERDAM PROSINCETIES BV

 

MANAGEMENT   

 

Management

Deep Drill Supply Group B.V.

 

Havenkade 24

 

1775BA MIDDENMEER

 

Netherlands

 

KvK: 36037581

 

Authorization: Fully authorized

 

Position: General director

 

Date appointed: 31-07-2007

 

J.O.D. van Amsterdam

 

Jurriaan Oliver Douglas

 

Authorization: Limited authorization (max: € 25.000)

 

Position: Proxy

 

Date appointed: 01-03-2004

 

Date of birth: 31-05-1973

 

J.D.J. van Amsterdam

 

Jochem Derek Jeremy

 

Authorization: Limited authorization

 

Position: Proxy

 

Date appointed: 01-12-2006

 

Date of birth: 31-05-1976

 

S. Boonacker

 

Sandra

 

Authorization: Limited authorization (max: € 7.500)

 

Position: Proxy

 

Date appointed: 25-07-2011

 

Date of birth: 09-10-1980

 

N.G.P. Breg

 

Nicolaas Gerardus Petrus

 

Authorization: Limited authorization (max: € 25.000)

 

Position: Proxy

 

Date appointed: 01-12-2006

 

Date of birth: 09-11-1972

 

P.M. Gabris

 

Peter Michael

 

Authorization: Limited authorization (max: € 25.000)

 

Position: Proxy

 

Date appointed: 01-01-2010

Date of birth: 18-07-1959

F.W.J. Lelieveld

Franciscus Willem Jacob

Authorization: Limited authorization (max: € 7.500)

Position: Proxy

Date appointed: 01-01-2010

Date of birth: 16-04-1978

 

S.J.J. Numeijer

Simon Jakobus Johannes

Authorization: Limited authorization (max: € 7.500)

Position: Proxy

Date appointed: 01-01-2010

Date of birth: 11-01-1978

 

M. Put - Verbree

Miranda

Authorization: Limited authorization (max: € 25.000)

Position: Proxy

Date appointed: 01-12-2006

Date of birth: 31-10-1973

 

C.U. Veldman - Arykbaeva

Chynarkul Usenakunovna

Authorization: Limited authorization (max: € 2.500)

Position: Proxy

Date appointed: 25-07-2011

Date of birth: 06-04-1963

 

 

PAYMENT INFORMATION   

 

Payment experiences

There are no payment experiences known

Payments

Based on multiple payment experiences up to € 1.000

 

Quarter: 3 2011: 51 Average days

 

Quarter: 4 2011: 44 Average days

 

Quarter: 1 2012: 52 Average days

 

Quarter: 2 2012: 52 Average days

 

 

FINANCIAL INFORMATION

 

Auditor                                      BDO WALGEMOED CAMPSOBERS

IJMUIDEN

 

Publication financial statement    Annual accounts 2010 are published on 29-07-2011

Annual accounts 2009 are published on 07-09-2010

Annual accounts 2008 are published on 18-08-2009

Annual accounts 2007 are published on 06-08-2008

 

Type of publication                     Corporate

 

Publication                                Publication according to obligations by law

 

CORE FIGURES

 

BOOKYEAR

2010

2009

2008

Quick ratio

0,32

0,90

0,69

Current ratio

3,12

2,10

2,34

Nett workingcapital / Balance total

0,65

0,50

0,54

Capital and reserves / Balance total

0,61

0,43

0,43

Capital and reserves / Fixed assets

13,81

10,48

7,42

Solvency

1,98

0,82

0,83

Nett workingcapital

2.181.268

2.406.064

2.543.000

Capital and reserves

2.036.644

2.037.649

2.034.000

Change capital and reserves

-0,05%

0,18%

18,95%

change short term liabilities

-53,00%

15,61%

35,43%

 

 

Annual accounts                        The company is obligated to publish its annual accounts

Last annual accounts                 2010

 

Tendency                                  Constant

 

Capital and reserves                   2010 2.036.644

Total debt                                  2010 1.322.267

Current ratio                              2010 3,12

Quick ratio                                2010 0,32

Nett workingcapital                     2010 2.181.268

 

Profitability                                Negative

Solvency                                   More than sufficient

Liquidity                                    More than sufficient

 

Currency                                   Euro

 

 

Balance

 

BOOKYEAR

2010

2009

2008

End of bookyear

31-12-2010

31-12-2009

31-12-2008

Tangible assets

147.496

194.406

274.000

Fixed assets

147.496

194.406

274.000

 

Stocks and work in progress

2.881.815

2.635.017

3.133.000

Accounts receivable

329.439

1.927.852

1.233.000

Liquid assets

161

35.129

73.000

Current assets

3.211.415

4.597.998

4.439.000

Total assets

3.358.911

4.792.404

4.712.000

 

Capital and reserves

2.036.644

2.037.649

2.034.000

Provisions

292.120

278.948

240.000

other long term debts

 

 

543.000

Long term liabilities

 

283.873

543.000

Other short term debts

1.030.147

2.191.934

1.896.000

Total short term debt

1.030.147

2.191.934

1.896.000

Total debt

1.322.267

2.754.755

2.678.000

Total Liabilities

3.358.911

4.792.404

4.712.000

 

 

History

 

Management                 Since 25-07-2011 is Proxy Chynarkul Usenakunovna Veldman-Arykbaeva appointed.

Since 25-07-2011 is Proxy Sandra Boonacker appointed.

Since 25-07-2011 is Proxy Mathilda Elisabeth Meles-van der Burg out of office.

Since 01-01-2010 is Proxy Mathilda Elisabeth Meles- van der Burg appointed.

Since 01-01-2010 is Proxy Peter Michael Gabris appointed.

Since 01-01-2010 is Proxy Simon Jakobus Johannes Numeijer appointed.

 

 

Company structure

 

• J.D.J. van Amsterdam Beheer B.V. (17207435) 'S-HERTOGENBOSCH

o Equipment Trading International B.V. (51667320)

MIDDENMEER

Management relation o Family Van Amsterdam Beheer B.V. (53746511)

MIDDENMEER

Management relation

■ Deep Drill Supply Group B.V. (36037581)

MIDDENMEER

Subsidiary (100%)

■   Deep Drill Rentals B.V. (37060376)

MIDDENMEER

Subsidiary (100%)

■ Deep Drill Equipment B.V. (37146497)

MIDDENMEER

Subsidiary (100%)

■   Deep Drill Tubulars B.V. (37075335) Middenmeer

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.44

UK Pound

1

Rs.81.96

Euro

1

Rs.67.60

 

 

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.