MIRA INFORM REPORT

Report Date :

18.05.2012

IDENTIFICATION DETAILS

Name :	MEHTA NIMISH
Registered Office :	Fazantenlaan 35 Antwerpen, 2610
Country :	Belgium
Date of Incorporation :	01.02.2007
Legal Form :	Proprietorship
LINE OF BUSINESS :	AGENTS INVOLVED IN THE SALE OF FURNITURE, HOUSEHOLD GOODS, HARDWARE AND IRONMONGERY
No. of Employees :	Not Available

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 – September 30, 2011

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
Belgium	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

Business number	887576031	Company name	MEHTA NIMISH
		Telephone number	034494879
Address	FAZANTENLAAN 35 ANTWERPEN	Fax number	-
Post code	2610
Date of establishment	01/02/2007
Business number	887576031	Company name	MEHTA NIMISH
Fax number	-	Date founded	01/02/2007
Company status	active	Company type	Proprietorship
Currency	Euro (€)	Date of latest accounts	-
Activity code	46150	liable for VAT	yes
Activity description	Agents involved in the sale of furniture, household goods, hardware and ironmongery	VAT Number	BE.0887.576.031
Belgian Bullettin of Acts Publications	moniteur belge

DIRECTORS/MANAGEMENT

Current director details

Name	NIMISH MEHTA
Position	Proprietor
Street
Post code
Country

Former director details

NEGATIVE INFORMATION

Court data summary

Bankruptcy details
Court action type	no
Protested bills
Bill amount	-
NSSO details
Date of summons	-

Protested bills

Drawee name	-
Address	-
Bill amount	-
Bill currency	-
Maturity of bill	-
Name of drawer	-
City of drawer	-

NSSO details

Business number	887576031
Name of defendant	-
Legal form of defendant	-
Date of summons	-
Labour court	-

Bankruptcy details

There is no bankruptcy data against this company

court data

there is no data for this company

SHARE & SHARE CAPITAL INFORMATION

Na

PAYMENT INFORMATION

Payment expectations

Past payments		Payment expectation days	-
Industry average payment expectation days	81.59	Industry average day sales outstanding	89.75

Suspension of payments / moratorium history

Amount	-
Details	-

Payment expectations

Payment expectation days	-
Day sales outstanding	-

Industry comparison

Activity code	46150
Activity description	Agents involved in the sale of furniture, household goods, hardware and ironmongery
Industry average payment expectation days	81.59
Industry average day sales outstanding	89.75

Industry quartile analysis

Payment expectations	View graph
Company result	-
Lower	108.21
Median	50.18
Upper	17.50
Day sales outstanding	View graph
Company result	-
Lower	97.32
Median	37.69
Upper	18.18

GROUP STRUCTURE & AFFILIATED COMPANIES

Ultimate holding company

Safe number	Company name	Company Number
-	-	-	No linked companies have been found.

Summary

Group - Number of Companies	0
Linkages - Number of Companies	0
Number of Countries	0

Group Structure

Click the company to view / order a report.

No group structure for this company.

FINANCIAL INFORMATION

Accounts & ratios

No key Financials Registered

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Contractor details Check Article 30 Bis

Registered contractor number	-
Contractor description	-
Date struck off register

Personnel limit NSSO

Code	-
Description	-

Joint Industrial Committee (JIC)

There are no accounts on file for this company

Rating History

no rating history data found

Limit History

no limit history data found

Industry comparison

Activity code	46150
Activity description	Agents involved in the sale of furniture, household goods, hardware and ironmongery
industry average credit rating	70.31
Industry average credit limit	3779.66

Minority Shareholders

No minority shareholders found

Minority Interests

No minority interests found

Companies that match this address

Business number	Company name	Rating	Limit	Date of accounts
425069242	AKASH DIAMONDS IN VEREFFENING BVBA	-	-	31/12/2009
425069242	AKASH DIAMONDS IN VEREFFENING BVBA	-	-	31/12/2009
458118528	HEARTS EN ARROWS IN VEREFFENING BVBA	-	-	31/12/2010

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.38
UK Pound	1	Rs.86.57
Euro	1	Rs.69.30

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.