MIRA
INFORM REPORT
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Report Date : |
26.05.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
INFINITY MERCHANT SOCIEDAD LIMITADA |
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Registered Office : |
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Country : |
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Date of Incorporation : |
07.03.2005 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
--- |
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Litigation : |
--- |
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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Spain |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
INFINITY MERCHANT SOCIEDAD LIMITADA
CIF/NIF: B97565949
Company situation: No trace according to our sources
(Date: 25/05/2012)
EXECUTIVE
SUMMARY
Identification
Current Business Name: INFINITY MERCHANT SOCIEDAD LIMITADA
Other names: NO
Current Address: CALLE PINTOR GENARO
LAHUERTA, 47 - 4 15
Trade Risk
Company situation: No trace according to our sources
(Date: 25/05/2012)
Incidents: YES
R.A.I.: NO
Financial Information
Share capital: 3.006,00 €
Employees : This information is not available
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 07/03/2005
Activity: Wholesale of other products
NACE 2009 CODE: 4690
International Operations: No business relationships registered
Corporate Structure
Sole Administrator:
Parent Company:
Other Complementary Information
Latest act published in BORME: 26/10/2010 Other concepts
Latest press article: No press articles registered for this
company
Bank Entities: There are not
Company situation
No trace according to our sources (Date: 25/05/2012)
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 18 ( Last:12/11/2007 , first:
26/04/2006 ) of which 1 are bad debts
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With the Social Security: |
18 |
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With the Tax Authorities: |
0 |
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With Other Official bodies: |
0 |
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AFFECTED BY: No significant element.
Latest
Administrative Claims
figures expressed in €
WITH THE SOCIAL SECURITY.
Irrecoverable Credits
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DATE |
ORGANIZATION |
AMOUNT |
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19/07/2007 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE VALENCIA |
37.092,22 |
Seizures
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DATE |
ORGANIZATION |
AMOUNT |
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16/10/2006 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
VALENCIA |
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Enforcement
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DATE |
ORGANIZATION |
AMOUNT |
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12/11/2007 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
421,25 |
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15/10/2007 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
421,25 |
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17/09/2007 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE TRABAJO
Y SEGURIDAD SOCIAL |
421,25 |
There are 18 administrative claims with the Social Security registered
Detail of the
Latest Administrative Claims
figures expressed in €
Enforcement
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 12/11/2007
Period: 0307 0307
Source: Published in the VALENCIA Gazette, on 26/11/2007, page 20
Amount: 421,25
figures expressed in €
Enforcement
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 15/10/2007
Period: 0207 0207
Source: Published in the VALENCIA Gazette, on 02/11/2007, page 36
Amount: 421,25
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
21/05/2012 15:05:17
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
company ADDRESSES
Current Legal Seat Address:
CALLE PINTOR GENARO LAHUERTA, 47 - 4 15
46010 VALENCIA
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
16/11/2005)
Main Board
members, Directors and Auditor 
Governing body
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POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
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SOLE ADMINISTRATOR |
UBIARU MACPHERSON NDUKWO |
16/11/2005 |
FINANCIAL LINKS
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BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
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UBIARU MACPHERSON NDUKWO |
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100,00 |
B.O.R.M.E. |
16/11/2005 |
BUSINESS INFORMATION
Incorporation date: 07/03/2005
Activity: Wholesale of other products
NACE 2009 CODE: 4690
NACE 2009 Activity: Non-specialised wholesale trade
Business: ARTICULO 2. OBJETO. LA SOCIEDAD TIENE POR OBJETO EL
COMERCIO AL POR MENOR Y LA IMPORTACION Y EXPORTACION DE CUALQUIER TIPO DE
PRODUCTO, CON EXCLUSION DE AQUELLAS ACTIVIDADES Y PRODUCTOS SUJETOS A
LEGISLACION ESPECIAL
(ARTICLE 2. PURPOSE. THE COMPANY IS TO THE RETAIL TRADE AND IMPORT AND EXPORT OF ANY PRODUCT,EXCLUDING THOSE ACTIVITIES AND PRODUCTS SUBJECT TO SPECIAL LEGISLATION)
This information is not available
No bank branches registered
LEGAL STRUCTURE
Constitution Data
Register Date: 07/03/2005
Register town: Valencia
Announcement number: 481381
Register data:
Volume 8270, Book 5561, Folio 37, Section 8, Sheet 107605,
Inscription I/A 1 (2005-10-31)
Share capital: 3.006 €
Legal form: Limited Liability Company
Share capital: 3.006,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL GAZETTE OF
THE COMMERCIAL REGISTRY)
· Acts on activity: 0
Acts on administrators: 1 (Last: 16/11/2005)
Acts on capital: 0
Acts on creation: 1 (Last: 16/11/2005)
Acts on filed accounts: 0
Acts on identification: 0
Acts on Information: 2 (Last: 26/10/2010, first: 16/11/2005)
Latest acts in
B.O.R.M.E.
Other acts
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ACT |
DATE |
NOTICE NUM. |
COMMERCIAL REGISTRY |
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Other concepts |
26/10/2010 |
396710 |
Valencia |
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Appointments |
16/11/2005 |
481381 |
Valencia |
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Declaration of individual ownership |
16/11/2005 |
481381 |
Valencia |
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Constitution |
16/11/2005 |
481381 |
Valencia |
There are 4 acts registered
Press articles
No press articles registered for this company
Complementary
Information
Current situation
Según nuestras investigaciones de fecha 25/05/12, la titular se
encuentra ilocalizable y no existe evidencia de que desarrolle actividad
comercial.
FINANCIAL INFORMATION
MODEL BALANCE
SHEET
As it has not been possible to obtain financial information of the
requested company we do hereby detail a model balance sheet of the same sector
with the characteristics of the company.
Assets
Figures given in €
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A) DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL |
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B) FIXED ASSETS |
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I. Incorporation costs |
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II. Intangible fixed assets |
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III. Tangible fixed assets |
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IV. Financial fixed assets |
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V. Own Shares |
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VI. Long term trade liabilities |
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C) DEFERRED EXPENSES |
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D) CURRENT ASSETS |
113.001,92 |
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I. Shareholders by required outlays |
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II. Stocks |
96.200,00 |
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III. Debtors |
11.871,37 |
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IV. Temporary financial investment |
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V. Short-term own shares |
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VI. Treasury |
4.930,55 |
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VII. Periodification adjustments |
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TOTAL ASSETS (A + B + C + D) |
113.001,92 |
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Source or application Excess |
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Liabilities
Figures given in €
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A) EQUITY |
-24.435,31 |
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I. Issued Capital |
3.006,00 |
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II. Issue premium |
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III. Revaluation reserve |
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IV. Reserves |
258,57 |
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Capital adjustments in Euros |
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Sundry reserves |
258,57 |
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V. Results from previous years |
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VI. Profit and Losses |
-27.699,88 |
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VII. Dividend paid during the year |
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VIII. Own shares for capital reduction |
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B) DEFERRED INCOME |
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C) PROVISIONS FOR LIABILITIES AND EXPENSES |
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D) LONG TERM LIABILITIES |
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E) SHORT TERM LIABILITIES |
137.437,23 |
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F) SHORT TERM PROVISIONS FOR LIABILITIES AND EXPENSES |
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LIABILITIES (A + B + C + D + E + F) |
113.001,92 |
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Change of Working Capital |
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Items of the
Profit and Loss Account
Figures given in €
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A) EXPENSES (A.1 a A.15) |
132.477,69 |
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A.1. Operating costs |
60.219,15 |
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A.2. Labour cost |
58.190,80 |
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Wages |
50.700,32 |
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Social security expenses |
7.490,48 |
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A.3. Assets Amortization |
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A.4. Variation in provision for current assets and bad debt losses |
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A.5. Other operating costs |
25.081,18 |
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A.I. OPERATING RESULT (B.1-A.1-A.2-A.3-A.4-A.5) |
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A.6. Financial expenses and similar |
857,93 |
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Debts with related companies |
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Debts with associated companies |
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Other companies debts |
857,93 |
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Losses from financial investments |
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A.7. Variation in financial investment provision |
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A.8. Negative change difference |
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A.II. POSITIVE FINANCIAL RESULTS (B.2+B.3-A.6-A.7-A.8) |
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A.III. PROFIT FROM ORDINARY ACTIVITIES (A.I+A.II-B.I-B.II) |
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A.9. Variation in provision in fixed assets |
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A.10. Losses in fixed assets |
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A.11. Losses from own shares and bonds |
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A.12. Extraordinary charges |
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A.13. Other exercises’ expenses and losses |
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A.IV. POSITIVE EXTRAORDINARY RESULT (B.4+B.5+B.6+B.7+B.8-A.9-A.10-A.11-A.12-A.13) |
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A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV) |
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A.14. Corporate Taxes |
-11.871,37 |
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A.15. Other taxes |
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A.VI. EXERCISE RESULT (PROFIT) (A.V-A.14-A.15) |
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B) INCOMES (B.1 to B.8) |
104.777,81 |
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B.1. Operating income |
104.777,81 |
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Net Turnover |
104.777,81 |
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Other operating income |
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B.I. OPERATING LOSSES (A.1+A.2+A.3+A.4+A.5-B.1) |
38.713,32 |
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B.2. Financial Income |
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From affiliated companies |
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From associated companies |
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Other |
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Gains from investments |
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B.3. Positive change difference |
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B.II. NEGATIVE FINANCIAL RESULTS (A.6+A.7+A.8-B.2-B.3) |
857,93 |
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B.III. LOSSES FROM ORDINARY ACTIVITIES (B.I+B.II-A.I-A.II) |
39.571,25 |
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B.4. B.9. Gains from disposal of fixed assets |
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B.5. Gains from dealing in own shares |
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B.6. Paid in surplus |
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B.7. Extraordinary income |
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B.8. Other year’s income and profits |
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B.IV. NEGATIVE EXTRAORDINARY LOSSES (A.9+A.10+A.11+A.12+A.13-B.4-B.5-B.6-B.7-B.8) |
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B.V. LOSS BEFORE TAXES (B.III+B.IV-A.III-A.IV) |
39.571,25 |
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B.VI. EXERCISE RESULTS (LOSS) (B.V+A.14+A.15) |
27.699,88 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.73 |
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UK Pound |
1 |
Rs.87.26 |
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Euro |
1 |
Rs.69.84 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.