MIRA INFORM REPORT

 

 

Report Date :

10.08.2012

 

IDENTIFICATION DETAILS

 

Name :

IMCD POLSKA SP Z O O

 

 

Registered Office :

Bukowinska 22/B, Warszawa, 02-703

 

 

Country :

Poland

 

 

Year of Establishment :

1992

 

 

Com. Reg. No.:

017485346

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

Chemicals and allied products

 

 

No. of Employees :

32

 

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Poland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Company name & address 

 

Imcd Polska Sp Z O O

Bukowinska 22/B

Warszawa, 02-703

Poland

Tel:       48 483446128

Fax:      48 223882710

 

 

Synthesis     

 

Year Established           1992

Employees:                  32

Company Type:            Private Subsidiary

Corporate Family:          4 Companies

Ultimate Parent:             Imcd Group B.V.

Financials in:                 USD (Millions)

Fiscal Year End:            30-Jun-2011

Reporting Currency:       Polish New Zloty

Annual Sales:               14.5

Total Assets:                 NA

 

 

Business Description     

 

Chemicals and allied products

 

Industry             

Industry            Chemical Manufacturing

ANZSIC 2006:    3323 - Industrial and Agricultural Chemical Product Wholesaling

NACE 2002:      5155 - Wholesale of chemical products

NAICS 2002:     424690 - Other Chemical and Allied Products Merchant Wholesalers

UK SIC 2003:    5155 - Wholesale of chemical products

US SIC 1987:    5169 - Chemicals and Allied Products, Not Elsewhere Classified

 

           

Key Executives   

 

Name

Title

Hendrikus Jacobus Kooijmans

Board Member

Pieter Cornelis Van Der Slikke

Board Member

 

Registered No.(POL):                 017485346


1 - Profit & Loss Item Exchange Rate: USD 1 = PLN 2.917488

2 - Balance Sheet Item Exchange Rate: USD 1 = PLN 2.7453

 

 

Corporate Overview

 

Location

Bukowinska 22/B

Warszawa, 02-703

Poland

Tel:       48 483446128

Fax:      48 223882710

 

Sales PLN(mil):             42.2

Assets PLN(mil):           NA

Employees:                   32

Fiscal Year End:            30-Jun-2011

Industry:                        Chemical Manufacturing

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(POL):     017485346

Board Member:              Hendrikus Jacobus Kooijmans

 

Contents

·         Industry Codes

Business Description

Financial Data

 

Industry Codes

 

ANZSIC 2006 Codes:

3323     -          Industrial and Agricultural Chemical Product Wholesaling

 

NACE 2002 Codes:

5155     -          Wholesale of chemical products

 

NAICS 2002 Codes:

424690  -          Other Chemical and Allied Products Merchant Wholesalers

 

US SIC 1987:

5169     -          Chemicals and Allied Products, Not Elsewhere Classified

 

UK SIC 2003:

5155     -          Wholesale of chemical products

 

Business Description

Chemicals and allied products

 


 

Financial Data

Financials in:

PLN(mil)

 

Revenue:

42.2

 

Date of Financial Data:

30-Jun-2011

1 Year Growth

NA

 

 

 

 

 

Corporate Family

Corporate Structure News:

Imcd Polska Sp Z O O 
Total Corporate Family Members: 4 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Imcd Group B.V.

Parent

 

 

 

 

 

 

Imcd Polska Sp Z O O

Subsidiary

Warszawa

Poland

Chemical Manufacturing

14.5

32

 

Imcd Ticaret Pazarlama Ve Danismanlik Ltd Sti

Subsidiary

Istanbul (Anatolia)

Turkey

Food Processing

 

15

 

Imcd Group Bv

Subsidiary

Mumbai, Maharashtra

India

Chemical Manufacturing

0.0

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Hendrikus Jacobus Kooijmans

 

Board Member

Director/Board Member

 

Pieter Cornelis Van Der Slikke

 

Board Member

Director/Board Member

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.17

UK Pound

1

Rs.86.43

Euro

1

Rs.68.27

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.