MIRA INFORM REPORT

 

 

Report Date :

02.06.2012

 

IDENTIFICATION DETAILS

 

Name :

BEGRA TRADING B.V.

 

 

Registered Office :

Ijsselstraat 91113 Oss, 5347 KG

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

31.05.2007

 

 

Com. Reg. No.:

17207142

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Wholesale of furniture

 

 

No. of Employees :

25

 

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)

Netherland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 

 

Company name and address

 

Begra Trading B.V.

                                                                                                                                                  

 

Ijsselstraat 91113

 

 

Oss, 5347 KG

Netherlands

 

Tel:

+31 0412-667650

Fax:

+31 0412638707

 

 

 

Employees:

25

Company Type:

Private Subsidiary

Corporate Family:

2 Companies

Ultimate Parent:

Benson Nederland B.V.

 

 

Incorporation Date:

31-May-2007

Financials in:

USD (mil)

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

NA

Total Assets:

3.0

                                         

Business Description          

 

Begra Trading B.V. is primarily engaged in wholesale of furniture; wholesale of jewellery; wholesale of musical instruments; wholesale of photographic goods; wholesale of toys and games; wholesale of travel and fancy goods; and wholesale of other household goods not elsewhere classified.

          

Industry     

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002:

5147 - Wholesale of other household goods

NAICS 2002:

4232 - Furniture and Home Furnishing Merchant Wholesalers

UK SIC 2003:

5147 - Wholesale of other household goods

US SIC 1987:

5021 - Furniture

 

Key Executives           

   

 

Name

Title

J. Zwaans

Head of accounting department

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 


Corporate Overview

 

Location
Ijsselstraat 91113
Oss, 5347 KG
Netherlands

 

Tel:

+31 0412-667650

Fax:

+31 0412638707

 

Suggest Company URL

 

Sales EUR(mil):

NA

Assets EUR(mil):

2.2

Employees:

25

Fiscal Year End:

31-Dec-2010

 

Industry:

Miscellaneous Capital Goods

Incorporation Date:

31-May-2007

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Registered No.(NLD):

17207142

 

Head of accounting department:

J. Zwaans

Contents

Industry Codes

Business Description

Financial Data

Industry Codes

 

ANZSIC 2006 Codes:

3739

-

Other Goods Wholesaling Not Elsewhere Classified

6999

-

Other Professional, Scientific and Technical Services Not Elsewhere Classified

 

NACE 2002 Codes:

5147

-

Wholesale of other household goods

7487

-

Other business activities not elsewhere classified

 

NAICS 2002 Codes:

5619

-

Other Support Services

4232

-

Furniture and Home Furnishing Merchant Wholesalers

 

US SIC 1987:

5021

-

Furniture

7389

-

Business Services, Not Elsewhere Classified

 

UK SIC 2003:

5147

-

Wholesale of other household goods

7487

-

Other business activities not elsewhere classified

 

 

Business Description

Begra Trading B.V. is primarily engaged in wholesale of furniture; wholesale of jewellery; wholesale of musical instruments; wholesale of photographic goods; wholesale of toys and games; wholesale of travel and fancy goods; and wholesale of other household goods not elsewhere classified.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

EUR(mil)

 

Assets:

2.2

Current Assets:

1.9

 

Total Liabilities:

2.2

 

Net Worth:

1.3

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

NA

 

 

Corporate Structure News

 

Begra Trading B.V.
Total Corporate Family Members: 2

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Benson Nederland B.V.

Parent

 

 

 

 

 

Begra Trading B.V.

Subsidiary

Oss, Noord-Brabant

Netherlands

Miscellaneous Capital Goods

 

25

 

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

J. Zwaans

 

Head of accounting department

Accounting Executive

 

 

Annual Financial Reports

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Other reserves

1.8

1.7

1.5

Total stockholders equity

1.8

3.2

3.0

Provisions and allowances

0.0

0.0

0.1

Total long-term liabilities

0.3

-

-

Total current liabilities

0.8

0.7

0.7

Total liabilities (including net worth)

3.0

4.0

3.7

Intangibles

0.1

0.2

0.4

Total tangible fixed assets

0.4

0.4

0.4

Total non-current assets

0.5

0.6

0.8

Net stocks and work in progress

0.9

1.1

1.1

Total receivables

0.9

1.4

1.1

Cash and liquid assets

0.8

0.9

0.7

Total current assets

2.5

3.3

2.9

Total assets

3.0

4.0

3.7

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

3.10

4.60

4.40

Acid test ratio

2.10

3.10

2.70

Current liabilities to net worth

0.46%

0.25%

0.25%

Fixed assets to net worth

0.27%

0.22%

0.30%

Net worth

1.7

3.0

2.6

Number of employees

19

16

15

 

 

 

Bottom of Form

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.92

UK Pound

1

Rs.86.03

Euro

1

Rs.69.13

 

 

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.