MIRA
INFORM REPORT
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Report Date : |
17.08.2012 |
IDENTIFICATION DETAILS
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Name : |
WELDUR SL |
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Registered Office : |
G. V. Corts Catalanes, 717 Barcelona, 08013 |
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Country : |
Spain |
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Financials (as on) : |
31.12.2010 |
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Year of Establishment : |
1977 |
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Com. Reg. No.: |
B08447948 |
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Legal Form : |
Private Independent |
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Line of Business : |
Wholesale of other intermediate products |
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No. of Employees : |
11 |
RATING & COMMENTS
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MIRAs 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 : |
Moderate |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 and address
Weldur Sl
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Business
Description
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Wholesale of other intermediate products |
Industry
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Industry |
Retail (Department and Discount) |
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ANZSIC 2006: |
373 - Furniture, Floor Covering and Other
Goods Wholesaling |
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NACE 2002: |
5156 - Wholesale of other intermediate
products |
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NAICS 2002: |
4239 - Miscellaneous Durable Goods
Merchant Wholesalers |
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UK SIC 2003: |
5156 - Wholesale of other intermediate
products |
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US SIC 1987: |
509 - Miscellaneous Durable Goods |
Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7180485
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.751343
Corporate Overview
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Executives Report
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Charges |
4.3 |
4.5 |
6.6 |
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Supplies |
3.2 |
3.2 |
5.2 |
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Goods Consumption |
3.2 |
3.2 |
5.2 |
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Consumption of Raw
Materials |
0.0 |
0.0 |
0.0 |
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Staff Costs |
0.7 |
0.9 |
0.9 |
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Wages and Salaries |
0.6 |
0.7 |
0.8 |
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Social Security Costs |
0.1 |
0.1 |
0.1 |
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Depreciation |
0.1 |
0.1 |
0.1 |
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Other Operating Charges |
0.2 |
0.3 |
0.4 |
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External Services |
0.2 |
0.3 |
0.4 |
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Taxes |
0.0 |
0.0 |
0.0 |
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Financials and Similar Charges |
0.0 |
0.0 |
0.0 |
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Due to Other
Liabilities |
0.0 |
0.0 |
0.0 |
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Changes in Financial Investment Provisions |
0.0 |
- |
- |
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Net Financial Income |
0.1 |
0.2 |
0.1 |
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Profit From Ordinary Activities |
0.0 |
- |
- |
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Changes in Provisions for Assets |
0.1 |
- |
- |
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Income |
4.3 |
4.4 |
6.6 |
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Net Total Sales |
4.2 |
4.1 |
6.5 |
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Sales |
4.2 |
4.1 |
6.4 |
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Rendering of Services |
0.0 |
0.0 |
0.0 |
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Miscellaneous Operating Income |
- |
0.0 |
0.0 |
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Auxiliary Income From
Current Management |
- |
0.0 |
0.0 |
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Operating Losses |
0.1 |
0.3 |
0.1 |
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Income From Miscellaneous Interests |
0.1 |
0.2 |
0.1 |
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Miscellaneous
Interests |
0.1 |
0.2 |
0.1 |
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Profit on Financial
Investment |
0.0 |
0.1 |
0.1 |
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Ordinary Activities' Losses |
- |
0.1 |
0.0 |
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Negative Extraordinary Results |
0.1 |
- |
- |
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Losses Before Taxes |
0.1 |
0.1 |
0.0 |
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Financial Year Result (Losses) |
0.1 |
0.1 |
0.0 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Total Intangible Fixed Assets |
0.0 |
0.0 |
0.1 |
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Total Tangible Fixed Assets |
2.2 |
2.4 |
2.4 |
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Investments in Group
Companies |
0.3 |
0.4 |
0.4 |
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Long-Term Securities
Portfolio |
0.7 |
1.0 |
1.1 |
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Long-Term Guarantees
and Deposits |
0.0 |
0.0 |
0.0 |
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Financial Investments |
0.9 |
1.4 |
1.5 |
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Total Fixed Assets |
3.1 |
3.8 |
3.9 |
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Goods for Resale |
0.8 |
0.9 |
1.3 |
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Total Stocks |
0.8 |
0.9 |
1.3 |
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Trade Debtors |
1.4 |
1.4 |
1.0 |
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Other Debtors |
1.9 |
2.0 |
1.4 |
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Public Bodies |
0.1 |
0.1 |
0.1 |
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Provisions |
0.0 |
0.0 |
0.0 |
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Total Debtors |
3.4 |
3.5 |
2.5 |
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Short-Term Securities
Portfolio |
1.1 |
0.6 |
1.4 |
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Total Short-Term Investments |
1.1 |
0.6 |
1.4 |
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Cash |
0.3 |
0.4 |
0.2 |
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Prepayments and Accrued Income |
0.0 |
0.0 |
0.0 |
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Total Current Assets |
5.5 |
5.5 |
5.5 |
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Total Assets |
8.6 |
9.2 |
9.4 |
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Legal Reserve |
0.0 |
0.0 |
0.0 |
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Miscellaneous Reserves |
7.9 |
8.4 |
8.2 |
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Capital Adjustment to
Euros |
0.0 |
0.0 |
0.0 |
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Total Reserves |
7.9 |
8.4 |
8.2 |
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Retained Earnings |
-0.1 |
0.0 |
0.0 |
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Profit or Loss Brought Forward |
-0.1 |
0.0 |
0.0 |
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Profit or Loss for the Financial Year |
-0.1 |
-0.1 |
0.0 |
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Total Equity |
7.8 |
8.4 |
8.2 |
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Amounts Owed to Group
Companies |
0.0 |
0.0 |
0.1 |
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Total Short-Term Amounts Owed to Group and Associa |
0.0 |
0.0 |
0.1 |
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Amounts Owed for
Purchases of Goods or Services |
0.7 |
0.7 |
0.9 |
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Debts Represented by
Notes Payable |
0.1 |
0.1 |
0.2 |
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Total Trade Creditors |
0.8 |
0.8 |
1.1 |
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Total Short Term Creditors |
0.9 |
0.9 |
1.2 |
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Total Liabilities and Equity |
8.6 |
9.2 |
9.4 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.99 |
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|
1 |
Rs.87.55 |
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Euro |
1 |
Rs.68.68 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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 SCs 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.