MIRA INFORM REPORT

 

 

Report Date :

30.08.2012

 

IDENTIFICATION DETAILS

 

Name :

GLOBOS S.R.O.

 

 

Registered Office :

Myslotínská 2020 393 01 Pelhřimov

 

 

Country :

Czech Republic

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

07.05.1996

 

 

Com. Reg. No.:

C/6104

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of luggage, handbags and the like, saddlery and harness

 

 

No. of Employees :

14

 

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 :

Unknown

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)

Czech Republic

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


Company name and address

 

GLOBOS s.r.o.

Myslotínská 2020
393 01 Pelhřimov


telephone: 00420/ 565 321 890
telefax: 00420/ 565 322 583
e-mail: globos@globos-kg.cz
Web: www.globos-kg.cz

 

 

Summary

 

 

Company development

Constant company development

(30)

 

Order situation

Satisfactory order situation

(30)

Terms of payment

no complaints

(39)

 

Business connection

Business connections appear permissible

(31)

 

 

Legal form

Private limited company

 

 

Foundation

07/05/1996 - Private limited company

Comp. Register

07/05/1996, Krajský soud České Budějovice, RegNr.: C/6104
Statistical number: 25150197
Tax number: CZ25150197

 

Share Capital

07/05/1996

CZK

100 000,-

 

Shareholders

Ing. Jiří Prokop (12.09.1958)
Pod Floriánem 1512, 393 01 Pelhřimov

CZK

50 000,-

 

 

 

Ing. Jiří Polanský (13.05.1957)
Strachovská 637, 393 01 Pelhřimov

CZK

50 000,-

 

Management

Ing. Jiří Prokop (12.09.1958)
Pod Floriánem 1512, 393 01 Pelhřimov
Executive Manager
sole power of attorney

 

 

Ing. Jiří Polanský (13.05.1957)
Strachovská 637, 393 01 Pelhřimov
Executive Manager
sole power of attorney

General Data

Manufacture and sale of fancy goods made of leather: capsules for manicure and pedicure instruments, capsules for pencils, for special homeopathic sets, of various technical capsules.

 

 

Main activity:
Manufacture of luggage, handbags and the like, saddlery and harness


(15.12)

 

Export:
Russia
Ukraine
Germany

 

 

 

 

 

Address:
Myslotínská 2020, 393 01 Pelhřimov
Beginning of validity: 22.02.2007
telephone:
00420/ 565 321 890
telefax:
00420/ 565 322 583
e-mail:
globos@globos-kg.cz
Web:
www.globos-kg.cz

 

 

Strachovská 637, 393 01 Pelhřimov
Beginning of validity: 07.05.1996
End of validity: 22.02.2007

Staff

2010

14 employees

 

 

2011

14 employees

 

2012

14 employees

 

Annual Sales

2008

actual sales

CZK

16 272 000,-

 

 

2009

actual sales

CZK

10 867 000,-

 

 

 

2010

actual sales

CZK

12 000 000,-

 

 

2011

actual sales

CZK

13 000 000,-

 

 

 

according to own data

Property

Property of the company: property
(verified in the real estate registry)
CZ-393 01 Pelhřimov, Myslotínská 2020

 

Balance sheets

The enclosed balance of 2009 from business register, -. (31.12.2009 - 1 CZK)
The enclosed balance of 2008 from business register, -. (31.12.2008 - 1 CZK)

 

The enclosed profit/loss account of 2009 from business register, -. (31.12.2009 - 1 CZK)
The enclosed profit/loss account of 2008 from business register, -. (31.12.2008 - 1 CZK)

 

Remarks

We have asked the firm management in written form to send final account.
In case that we receive account statements, we will send you a.

 

Contact:
Ing. Jiří Prokop - executive, e-mail: globos@pel.cz

 

Bankers

Komerční banka, a.s.

(0100)

Copyright:

This information is addressed exclusively to the addressee. Contractor obligates to provide updated information. Although it is always put maximum effort to collect actual and exact information, it is not confirmed as delinquency if there are particular inaccurateness contained within the information, which are not considered as essential in terms of the objective for which the information is provided to the addressee. Contractor and recipient conform to the rules of the Name and Description Security Act, Nub.101/2000. According to the Name and Description Security Act, recipient has the right to process or to use forwarding data only for the purpose for which information has been sent to the recipient. Usage for other purpose is acceptable only in case referring to valid regulations of the above mentioned act.

 

 

balance

31.12.2008 (CZK)

31.12.2009 (CZK)

 

 

r1

TOTAL ASSETS

19 887 000

20 243 000

 

 

r2

Receivables for subscriptions

0

0

 

 

r3

Fixed assets

5 577 000

6 228 000

 

 

r4

Intangible fixed assets

0

0

 

 

r13

Tangible fixed assets

5 577 000

6 228 000

 

 

r23

Long-term financial assets

0

0

 

 

r31

Current assets

14 290 000

14 015 000

 

 

r32

Inventory

2 674 000

2 549 000

 

 

r39

Long-term receivables

0

0

 

 

r48

Short-term receivables

2 958 000

2 592 000

 

 

r58

Short-term financial assets

8 659 000

8 874 000

 

 

r63

Accruals

19 000

0

 

 

r67

TOTAL LIABILITIES

19 887 000

20 243 000

 

 

r68

Equity

15 834 000

17 226 000

 

 

r69

Registered capital

100 000

100 000

 

 

r73

Capital funds

0

0

 

 

r78

Reserve funds, statutory reserve account for cooperatives, and other retained earnings

20 000

20 000

 

 

r81

Profit / loss - previous years

13 255 000

15 714 000

 

 

r84

Profit / loss - current year (+/-)

2 459 000

1 393 000

 

 

r85

Other sources

4 053 000

3 017 000

 

 

r86

Reserves

0

0

 

 

r91

Long-term payables

0

0

 

 

r102

Short-term payables

4 053 000

3 017 000

 

 

r114

Bank loans and financial accommodations

0

0

 

 

r118

Accruals

0

0

 

 

 

profit/loss account

31.12.2008 (CZK)

31.12.2009 (CZK)

 

 

a1

Turnover

16 272 000

10 867 000

 

 

a2

Revenues from sold goods

0

0

 

 

a3

Expenses on sold goods

0

0

 

 

a4

Sale margin

0

0

 

 

a5

Production

16 272 000

10 867 000

 

 

a9

Production consumption

9 244 000

5 345 000

 

 

a12

Added value

7 029 000

5 522 000

 

 

a13

Personnel expenses

3 518 000

3 124 000

 

 

a18

Taxes and fees

15 000

24 000

 

 

a19

Depreciations of intangible and tangible assets

341 000

319 000

 

 

a20

Revenues from disposals of fixed assets and materials

0

0

 

 

a23

Net book value of disposed fixed assets and materials

0

0

 

 

a26

Change in operating reserves and adjustments and complex deferred costs ( + / - )

35 000

0

 

 

a27

Other operating revenues

27 000

5 000

 

 

a28

Other operating expenses

218 000

140 000

 

 

a31

Operating profit / loss

2 930 000

1 919 000

 

 

a43

Interest revenues

72 000

43 000

 

 

a44

Interest expenses

97 000

97 000

 

 

a45

Other financial revenues

630 000

538 000

 

 

a46

Other financial expenses

410 000

627 000

 

 

a49

Profit / loss from financial operations ( transactions )

195 000

-142 000

 

 

a50

Income tax on ordinary income

666 000

351 000

 

 

a53

Operating profit / loss ordinary activity

2 459 000

1 427 000

 

 

a59

Operating profit / loss extraordinary activity

0

0

 

 

a61

Profit / loss of current accounting period (+/-)

2 459 000

1 427 000

 

 

a62

Profit / loss before tax (+/-)

3 125 000

1 778 000

 

 

 

Balance indices

 

31.12.2008

31.12.2009

 

 

Return on total assets ROA (in %)

a62/r1 * 100

15,71

8,78

 

 

Return on equity ROE (in %)

a62/r68 * 100

19,74

10,32

 

 

Return on sales ROS (in %)

a62/a1 * 100

19,20

16,36

 

 

Turnover of receivables (in days)

r49/a1 * 365

n/a

n/a

 

 

Turnover of liabilities (in days)

r103/a1 * 365

n/a

n/a

 

 

Turnover of inventories (days)

r32/a1 * 365

59,98

85,62

 

 

Net working capital (in ths. CZK)

r31 - r102 - r116 - r117

10 237,00

10 998,00

 

 

Ratio of accounts payable to accounts receivable (in %)

(r39+r48) / (r91+r102) * 100

72,98

85,91

 

 

Ratio of profit/loss to tangible assets (in%)

r3 / a1 * 100

34,27

57,31

 

 

Current ratio

r31 / (r102+r116+r117)

n/a

n/a

 

 

Quick ratio

(r58+r48) / (r102+r116+r117)

2,87

3,80

 

 

Cash ratio

r58 / (r102+r116+r117)

n/a

n/a

 

 

Debt ratio I (in %)

(1-r68/r67) * 100

20,38

14,90

 

 

Debt ratio II (in %)

r85/r67 * 100

20,38

14,90

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.66

UK Pound

1

Rs.88.04

Euro

1

Rs.69.91

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.