MIRA INFORM REPORT

 

 

Report Date :

28.06.2012

 

IDENTIFICATION DETAILS

 

Name :

TRACOMEX B.V.

 

 

Registered Office :

Bouwlingplein 34, 4901KZ Oosterhout NB

 

 

Country :

Netherlands

 

 

Financials (as on) :

2011

 

 

Date of Incorporation :

20.02.1990

 

 

Legal Form :

Chamber of commerce Zuidwest-Netherlands

 

 

Line of Business :

Wholesale of grain

 

 

No. of Employees :

12

 

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

CONTACTINFORMATION

 

Company name

Tracomex B.V.

Tradename

Tracomex Animal Feed International

 

Tracomex B.V.

Address

Bouwlingplein 34

 

4901KZ Oosterhout NB

 

Netherlands

Mail address

Postbus 319

 

4900AH Oosterhout NB

 

Netherlands

Telephone number

0162-751140

Telefax number

0162-751144

E-mail address

info@tracomex.nl

Website

www.tracomex.nl

VAT number / RSIN

007516253

 

 

COMPANY INFORMATION

 

Handelsregisternummer              20058791

Registered in                                         Chamber of commerce Zuidwest-Netherlands

First registration                                     27-02-1990

Act of foundation                                    20-02-1990

Date of constitution                                23-11-1989

Continuation date                                   20-02-1990

Last change in statutes                          01-03-2007

Legal form                                             Besloten Vennootschap

 

 

Place of constitution

Oosterhout NB

 

Capital

EUR 227.000

 

Issued capital

EUR 136.200

 

Paid up capital

EUR 136.200

 

 

 

NACE-code

Wholesale of grain (51211)

SBI-code

Wholesale of grain (46211)

Formal objective

De im- en export alsmede de groothandel in partijen granen en veevoedergrondstoffen en andere produkten ten behoeve van de agrarische industrie.

Import

The whole world

Export

European Union

 

Employees                    Total: 12

Employees group           Group: 27

 

 

Bookyear         2011                             2010                             2009

Number             12                                 11                                 9

Change             9,09%                           22,22%                         0,00%

 

 

COMPANY STRUCTURE

 

Shareholder                               Thegra Tracomex Holding B.V.

Bouwlingplein 34

4901KZ OOSTERHOUT NB

Netherlands

KvK: 20130449

Active since: 01-03-2007

Percentage: 100.00%

 

Holding company                       Thegra Tracomex Holding B.V.

Bouwlingplein 34

4901 KZ OOSTERHOUT NB

KvK: 20130449

 

Affiliated companies                   Theco International Europe B.V.

Bouwlingplein 34

4901 KZ OOSTERHOUT NB

KvK: 18012154

Thegra Baltic B.V. Bouwlingplein 34

4901 KZ OOSTERHOUT NB KvK: 18041914

Thegra B.V.

Bouwlingplein 34

4901 KZ OOSTERHOUT NB

KvK: 20130450

 

Company structure                     Participations:

MUKATES S.R.O.

PROPAD

 

 

Bank

 

F. van Lanschot Bankiers NV

Account number: 22.55.24.392

Hollandsche Bank-Unie NV

 

 

Real estate

 

Lease

The real estate is checked at the land registration office

Management

 

Management                 Baas

Jan Willem

Authorization: Fully authorized

Position: Manager

Date appointed: 01-03-2007

Date of birth: 24-12-1958

 

I. Nitsche Ina

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-03-2007

Date of birth: 05-07-1965

 

 

PAYMENT INFORMATION

 

Payment experiences     Payments are regular

Payments                     Based on multiple payment experiences up to € 25.000

 

Quarter: 3 2011: 64 Average days

Quarter: 4 2011: 63 Average days

Quarter: 1 2012: 67 Average days

Quarter: 2 2012: 47 Average days

 

 

 

invoices

current quarter

2012 Q1

2011 Q4

2011 Q3

Total

22

100%

23.138

24.644

24.298

24.424

Within terms

7

55,7%

12.892

2.404

4.807

3.933

Delayed 0 - 30

15

44,3%

10.246

22.240

19.491

20.491

Delayed 31 - 60

 

 

 

 

 

 

 

 

FINANCIAL INFORMATION

 

Publication financial statement    Annual accounts 2011 are published on 31-01-2012 (Broken accounting year)

Annual accounts 2010 are published on 27-01-2011 (Broken accounting year)

Annual accounts 2009 are published on 15-03-2010 (Broken accounting year)

Annual accounts 2008 are published on 05-03-2009 (Broken accounting year)

Annual accounts 2007 are published on 17-04-2008 (Broken accounting year)

 

Type of publication

Corporate

Publication

Steady

 

 

CORE FIGURES

 

 

 

BOOKYEAR

2011

2010

2009

Quick ratio

1,09

1,48

1,09

Current ratio

1,81

1,71

1,22

Nett workingcapital / Balance total

0,45

0,41

0,18

Capital and reserves / Balance total

0,45

0,42

0,20

Capital and reserves / Fixed assets

93,88

41,03

11,28

Solvency

0,82

0,73

0,24

Nett workingcapital

2.210.334

1.807.089

541.632

Capital and reserves

2.234.133

1.852.228

594.316

Change capital and reserves

20,62%

211,66%

-26,90%

change short term liabilities

7,13%

3,65%

-4,34%

 

 

Annual accounts Last annual accounts

The company is obligated to publish its annual accounts 2011

 

Text Box:

Capital and reserves       2011     2.234.133

Total debt                      2011     2.714.969

Current ratio                  2011     1,81

Quick ratio                    2011     1,09

Nett workingcapital         2011     2.210.334

 

Profitability        Positive

Sufficient           Solvency

 

 

Liquidity            Positive

 

 

BALANCE

 

 

 

BOOKYEAR

2011

2010

2009

End of bookyear

30-09-2011

30-09-2010

30-09-2009

Tangible assets

23.799

45.139

52.684

Fixed assets

23.799

45.139

52.684

 

Stocks and work in progress

1.972.011

578.097

318.321

Accounts receivable

2.938.361

3.755.409

2.668.292

Liquid assets

14.931

7.912

 

Current assets

4.925.303

4.341.418

2.986.613

Total assets

4.949.102

4.386.557

3.039.297

 

Capital and reserves

2.234.133

1.852.228

594.316

Total short term debt

2.714.969

2.534.329

2.444.981

Total debt

2.714.969

2.534.329

2.444.981

Total Liabilities

4.949.102

4.386.557

3.039.297

 

 

Company structure

 

• Thegra Tracomex Holding B.V. (20130449) OOSTERHOUT NB

o Theco International Europe B.V. (18012154)

OOSTERHOUT NB

Subsidiary (100%) o Thegra Baltic B.V. (18041914)

OOSTERHOUT NB

Subsidiary (100%) o Tracomex B.V. (20058791) Oosterhout NB Subsidiary (100%)

o Thegra B.V. (20130450)

OOSTERHOUT NB

Subsidiary (100%)

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.57.21

UK Pound

1

Rs.89.42

Euro

1

Rs.71.46

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.