MIRA INFORM REPORT

 

 

Report Date :

12.06.2012

 

IDENTIFICATION DETAILS

 

Name :

MILLENNIUM TRUST B.V.

 

 

Registered Office :

H.J.M. Walenkampstraat 32, 1019EB Amsterdam

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

29.04.1999

 

 

Com. Reg. No.:

34114540

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Market research and public polling activities

 

 

No. of Employees :

01

 

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)

Netherlands

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


CONTACT INFORMATION

 

Company name

Millennium Trust B.V.

 

 

Tradename

Millennium Trust B.V.

 

 

Address

H.J.M. Walenkampstraat 32

 

1019EB Amsterdam

 

Netherlands

 

 

Mail address

H.J.M. Walenkampstraat 32

 

1019EB Amsterdam

 

Netherlands

 

 

Telephone number

0207539862

 

 

E-mail address

unknown

 

 

Website

unknown

 

 

VAT number / RSIN

808356161

 

 

 

History                                      DE LAIRESSESTRAAT 39

1071 NS AMSTERDAM

End: 27-10-2010           

 

 

COMPANY INFORMATION

 

Handelsregisternummer 34114540

Registered in                             Chamber of commerce Amsterdam

First registration                         29-04-1999

Act of foundation                        29-04-1999

Date of constitution                    29-04-1999

Legal form                                 Besloten Vennootschap (Limited Company)

Place of constitution                   Amsterdam

Capital                                      EUR 91.000

Issued capital                            EUR 18.200

Paid up capital                           EUR 18.200

 

 

NACE-code

Market research and public polling activities (74125)

SBI-code

Market research and public polling activities (69209)

Formal objective

Administreren en beheren van vermogens van derden

 


 

Employees

Total: 1

 

 

Employees according to CoC

Chamber of commerce: 1

 

 

Bookyear

2012

2009

2008

Number

1

1

1

Change

0,00%

0,00%

0,00%

 

 

MANAGEMENT

 

Management

B.M. Toppin

 

Benito Miguel

 

Authorization: Fully authorized

 

Position: Manager

 

Date appointed: 01-10-2010

 

Date of birth: 13-11-1959

 

 

PAYMENT INFORMATION

 

Payment experiences

There are no payment experiences known

 

 

 

FINANCIAL INFORMATION

 

Publication financial statement

Annual accounts 2009 are published on 05-05-2011

Annual accounts 2008 are published on 02-10-2009

Annual accounts 2007 are published on 10-08-2009

 

 

Type of publication

 

Publication

Corporate

 

Although the statutory deadline, the company's annual documents are not yet published in the register of the Chamber of Commerce.

 

Cores figures

BOOKYEAR

2009

Quick ratio

1,29

Current ratio

1,29

Nett workingcapital / Balance total

0,22

Capital and reserves / Balance total

0,22

Solvency

0,29

Capital and reserves / Fixed assets

-

Nett workingcapital

4.000

Capital and reserves

4.000

 


Annual accounts                                    Although the statutory deadline, the company's annual documents are

not yet published in the register of the Chamber of Commerce.

Last annual accounts                             2009

Tendency                                              Not to be judged because of the absence of sufficient financial

information

Capital and reserves                               2009 4.000

Total debt                                              2009 14.000

Current ratio                                         2009 1,29

Quick ratio                                            2009 1,29

Nett workingcapital                                 2009 4.000

Profitability                                            Not to be judged

Solvency                                               Reasonable

Liquidity                                                Reasonable

Currency                                              Euro

 

 

BALANCE sheet

 

BOOKYEAR

2009

End of bookyear

31-12-2009

 

Accounts receivable

18.000

Current assets

18.000

Total assets

18.000

 

Capital and reserves

4.000

Other short term debts

14.000

Total short term debt

14.000

Total debt

14.000

Total Liabilities

18.000

 

 

History

 

Management               Since 01-10-2010 manager Marja Diana Limburg out of office.

Since 01-10-2010 manager Benito Miguel Toppin appointed.

Since 01-10-2010 manager Ronald Wim Limburg out of office.

 

 

Company structure

 

Millennium Trust B.V. (34114540)

Amsterdam

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.24

UK Pound

1

Rs.85.93

Euro

1

Rs.69.82

 

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.