|
Report Date : |
01.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
KERRY (NL) B.V. |
|
|
|
|
Registered Office : |
Veluwezoom 62 1327AH
Almere |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
16.11.1964 |
|
|
|
|
Reg. No.: |
33284663 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture
of food products and basic pharmaceutical products |
|
|
|
|
No. of Employees : |
21.997 |
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 |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
The Dutch economy is the fifth-largest economy in the
euro-zone and is noted for its stable industrial relations, moderate unemployment
and inflation, a sizable trade surplus, and an important role as a European
transportation hub. Industrial activity is predominantly in food processing,
chemicals, petroleum refining, and electrical machinery. A highly mechanized
agricultural sector employs only 2% of the labor force but provides large
surpluses for the food-processing industry and for exports. The
|
Source : CIA |
|
Company name |
KERRY (NL) B.V. |
|
Tradename |
Kerry (NL) B.V. |
|
|
Kerry Ingredients &
Flavours |
|
|
Kerry Bio-Science |
|
Address |
Veluwezoom 62 |
|
|
1327AH Almere |
|
|
|
|
Mail address |
Postbus 60037 |
|
|
1320AA Almere |
|
|
|
|
Telephone number |
0365233100 |
|
Telefax number |
0365233110 |
|
Mobile phone |
0652346240 |
|
E-mail address |
|
|
Website |
|
|
VAT number / RSIN |
001285014 |
|
Branch(es) |
Kerry NL B.V.
(33284663.0001) |
|
|
Maarssenbroeksedijk 2 a |
|
|
3542DN |
|
|
Kerry NL B.V.
(33284663.0002) |
|
|
Lindtsedijk 8 |
|
|
3336LE ZWIJNDRECHT |
|
|
Kerry NL B.V.
(33284663.0003) |
|
|
Swaardvenstraat 41 |
|
|
5048AV |
|
Special remarks |
Information about Kerry
group(2009): |
|
|
Employees: 21.997 |
|
|
Revenue: 4.520.746.000 |
|
|
Profit: 251.966.000 |
|
|
Equity: 1.284.055.000 |
|
Handelsregisternummer |
33284663 |
|
Registered in |
Chamber of commerce Gooi-,
Eem- en Flevoland |
|
First registration |
19-11-1964 |
|
Act of foundation |
16-11-1964 |
|
Date of constitution |
05-01-1983 |
|
Last change in statutes |
01-01-2010 |
|
Legal form |
Private Company |
|
Place of constitution |
Almere |
|
Capital |
EUR |
|
Issued capital |
EUR 22.890 |
|
Paid up capital |
EUR 22.890 |
NACE-code Manufacture of jam (153301)
Manufacture of other food products
n.e.c. (1589)
Manufacture of basic pharmaceutical
products (2441)
SBI-code Formal
objective Processing of
vegetables and fruit (no juice) (1039)
Productie, import en export van voedings- ingredienten, in
het bijzonder de productie van grondstoffen (emulgatoren, protel'nen,
hydrocolloi'den, gist, enzymen en pharmaceu-tische gefermenteerde ingredienten)
voor het gebruik in bakkerijen, manufacture of beer, snoepgoed,
zuivelproducten, soepen, sauzen, dressings, snacks en voor de pharmaceutische
industrie.
|
Employees |
Total: 236 |
|
|
|
|
Bookyear |
|
2012 |
2011 |
2010 |
|
Number |
|
236 |
236 |
236 |
|
Change |
|
0,00% |
0,00% |
|
Shareholder
Kerry Group B.V. Veluwezoom 62
1327AH ALMERE
KvK: 24234571
Active since: 13-11-1992
Percentage: 100.00%
Holding company Kerry Group B.V.
Veluwezoom
62
1327AH
ALMERE
KvK:
24234571
Bank ABN Amro Bank NV
Account
Number: 50.60.36.251
Management P.S. Mc Carthy Paul Standish
Authorization: Fully authorized
Position: Manager
Date appointed: 30-06-2008
Date of birth: 24-09-1957
B.C. Mehigan Brian Cornelius
Authorization: Fully authorized
Position: Manager
Date appointed: 25-02-2002
Date of birth: 01-07-1961
W.T. Brouwer Willem Teunis
Authorization: Limited authorization
Position: Proxy
Date appointed: 17-05-2004
Date of birth: 10-03-1963
L.H.T. Dederen
Louis Henri Theodore
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-10-2011
Date of birth: 09-02-1956
M.I. de Jong Marjolein Ida
Authorization: Limited authorization
Position: Proxy
Date appointed: 17-05-2004
Date of birth: 01-11-1974
D. de Muynck Daniel
Authorization: Limited authorization
Position: Proxy
Date appointed: 30-08-2004
Date of birth: 07-08-1974
J. Nikerk Johannes
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-06-2010
Date of birth: 24-08-1960
J.P. O'Neill James Patrick
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-01-2005
Date of birth: 14-06-1969
M.I.M. Tiessen
Menno Ignatius Maria
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-07-2011
Date of birth: 27-07-1958
C.J. Visser Cornelia Jantina
Authorization: Limited authorization
Position: Proxy
Date appointed: 17-05-2004
Date of birth: 31-12-1966
Payment experiences Payments are regular
Payments Based on multiple payment
experiences up to € 50.000
Quarter:
1 2012: 50 Average days
Quarter:
2 2012: 67 Average days
Quarter:
3 2012: 57 Average days
Quarter:
4 2012: 44 Average days
|
|
invoices |
current quarter |
2012 Q3 |
2012 Q2 |
2012 Q1 |
|
|
Total |
289 |
100% |
376.424 |
382.901 |
366.040 |
369.101 |
|
Within terms |
147 |
64,8% |
243.900 |
131.051 |
141.972 |
225.698 |
|
Delayed 0 - 30 |
121 |
35,2% |
132.524 |
248.984 |
168.667 |
120.477 |
|
Delayed 31 - 60 |
20 |
0,0% |
|
2.866 |
51.582 |
22.926 |
|
Delayed 61 - 90 |
1 |
0,0% |
|
|
3.819 |
|
|
Delayed 91 - 120 |
|
|
|
|
|
|
|
Delayed 120+ days |
|
|
|
|
|
|
Type
of publication Consolidated
Annual accounts van Kerry Group B.V.
Veluwezoom 62
1327AH ALMERE
KVK: 24234571
Publication Publication according to
obligations by law
|
CORE
FIGURES |
|
|
BOOKYEAR |
2010 |
|
Quick
ratio |
0,62 |
|
Current
ratio |
1,04 |
|
Nett workingcapital
/ Balance total |
0,01 |
|
Capital
and reserves / Balance total |
0,36 |
|
Capital
and reserves / Fixed assets |
0,51 |
|
Solvency |
0,60 |
|
Nett
workingcapital |
53.081.000 |
|
Capital
and reserves |
1.626.951.000 |
|
Nett
Turnover |
470.216.000 |
|
Operating
profit |
453.336.000 |
|
Annual
accounts |
The
published financial information is the consolidated group information. |
|
Last
annual accounts |
2010 |
|
Type of
publication |
Consolidated |
|
Turnover |
2010:
470.216.000 |
|
Operating
profit |
2010:
453.336.000 |
|
Result
after taxes |
2010:
324.217.000 |
|
Tendency |
Not to
be judged because of the absence of sufficient financial information |
|
Capital
and reserves |
2010
1.626.951.000 |
|
Total
debt |
2010
2.692.213.000 |
|
Current
ratio |
2010
1,04 |
|
Quick
ratio |
2010
0,62 |
|
Nett
workingcapital |
2010
53.081.000 |
|
Profitability |
More
than sufficient |
|
Solvency |
Positive |
|
Liquidity |
Own
resources are worn out |
|
Currency |
Euro |
|
BALANCE |
|
|
|
|
BOOKYEAR |
2010 |
|
|
|
End of bookyear |
31-12-2010 |
|
|
|
Intangible assets |
1.998.868.000 |
|
|
|
Tangible assets |
1.107.164.000 |
|
|
|
Financial assets |
59.823.000 |
|
|
|
Fixed assets |
3.165.855.000 |
|
|
|
Stocks and work in
progress |
531.561.000 |
|
|
|
Accounts receivable |
628.797.000 |
|
|
|
Liquid assets |
159.340.000 |
|
|
|
Current assets |
1.319.698.000 |
|
|
|
Total assets |
4.485.553.000 |
|
|
|
Capital and reserves |
1.626.951.000 |
||
|
Provisions |
166.389.000 |
||
|
Long term liabilities |
1.425.596.000 |
||
|
Total short term debt |
1.266.617.000 |
||
|
Total debt |
2.692.213.000 |
||
|
Total Liabilities |
4.485.553.000 |
||
PROFIT & LOSS ACCOUNT
|
BOOKYEAR |
2010 |
|
Nett Turnover |
470.216.000 |
|
Operating charges |
16.880.000 |
|
Operating profit |
453.336.000 |
|
Financial income |
945.000 |
|
Financial charges |
61.446.000 |
|
Financial result |
-60.501.000 |
|
Result before taxes |
392.835.000 |
|
Income taxes |
68.618.000 |
|
Result after taxes |
324.217.000 |
|
Nett result |
324.217.000 |
Consent statements Over bookyear 2011 a consent
agreement is filed
Over
bookyear 2010 a consent agreement is filed
Over
bookyear 2009 a consent agreement is filed
Over
bookyear 2008 a consent agreement is filed
Merger and demerger Op
18-12-2009 merger taken place. New registration: Kerry Bio- Science B.V.
(33284663) Ceased registration: Kerry Ingredients B.V. (24283044)
............................................... Op 18-12-2009 merger taken
place. New registration: Kerry Bio- Science B.V. (33284663) Ceased
registration: Dera Netherlands B.V. (33302380).
Op
13-11-2009 merger proposal filed. New registration: Kerry Bio- Science B.V.
(33284663) Ceased registration: Kerry Ingredients B.V. (24283044)
...............................................
Op 13-11-2009 merger proposal filed. New registration: Kerry Bio- Science B.V.
(33284663) Ceased registration: Dera Netherlands B.V. (33302380).
Op
13-11-2009 merger proposal filed. New registration: Kerry Bio- Science B.V.
(33284663) Ceased registration: Kerry Ingredients B.V. (24283044)
............................................... Op
13-11-2009 merger proposal filed. New registration: Kerry Bio- Science B.V.
(33284663) Ceased registration: Dera
B.V. (33302380).
Management Per 01-01-2012 is
Proxy Cathal Xavier Duffy out of office.
Per
01-10-2011 is Proxy Louis Henri Theodore Dederen appointed.
Per
01-07-2011 is Proxy Menno Ignatius Maria Tiessen appointed.
Per
01-06-2011 is Proxy Merel Jonkman out of office.
Per
01-05-2010 is Proxy Constantinus Maria Broekhuizen out of office.
Per
01-06-2010 is Proxy Johannes Nikerk appointed.
Per
01-01-2010 is Proxy Soetiemin Amatsahlan out of office.
Per
01-01-2010 is Proxy Johannes Groen out of office.
Per
01-01-2010 is Proxy Soetiemin Amatsahlan appointed.
Per
01-01-2010 is Proxy Johannes Groen appointed.
Per
01-01-2010 is Proxy Johannes Nikerk appointed.
Per
01-09-2009 is Proxy Adrianus Cornelis Huigen out of office.
Modifications Per 01-09-2009 is
Proxy Gertjan Feenstra out of office.
Per
18-12-2009 statutes modified. Per 1-1-2010 name changed to: Kerry (NL) B.V..
• Kerry
Group B.V. (24234571) ALMERE
o Kerry (NL) B.V. (33284663) Almere
Subsidiary (100%)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.52 |
|
|
1 |
Rs.87.48 |
|
Euro |
1 |
Rs.70.89 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.