MIRA INFORM REPORT
|
Report Date : |
30.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
NIDERA HANDELSCOMPAGNIE B.V. |
|
|
|
|
Registered Office : |
Willemsplein P O Box No. 492, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
05.07.2000 |
|
|
|
|
Com. Reg. No.: |
24307569 |
|
|
|
|
Legal Form : |
Private limited liability company (BV) with ordinary structure |
|
|
|
|
Line of Business : |
Wholesale of grain |
|
|
|
|
No. of Employees
: |
150 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
39,000,000 € |
|
|
|
|
Status : |
Good |
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|
|
|
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) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Chamber of commerce number 24307569
Company name Nidera Handelscompagnie B.V.
Street Willemsplein
House or po box number 492
City
Post code 3016DR
Telephone number 010 4301911
Establishment date 05/07/2000
Company type
Private
limited liability company (BV) with ordinary structure
|
|
Company
Status |
Actief |
|
|
|
|
credit limit (€) |
39,000,000 |
|
|
|
||
|
Turnover |
10,246,552,707 |
results
on ordinary operations before tax |
23,646,293 |
|
Net
worth |
204,215,354 |
Purchase
limit |
- |
Ultimate holding company
Company name Nidera Capital
B.V.
Company Number 24043517
5
|
Payment expectation days |
6.08 |
Day
sales outstanding |
9.79 |
|
Industry average payment
expectation days |
32.51 |
Industry
average day sales outstanding |
36.38 |
|
Suspension of payments /
moratorium |
no |
||
Payment Information Summary
|
Total
number of Invoices available |
11 |
|
Total
number of Invoices paid within or up to 30 days after the due date |
11 |
|
Total
number of Invoices paid more than 30 days after the due date |
0 |
|
Total
number of Invoices currently outstanding where the due date has not yet been
reached |
0 |
|
Total
number of Invoices currently outstanding beyond the due date |
0 |
Trading name Nidera
Handelscompagnie B.V.
Office type Main Office
Street Willemsplein
House or po box number 492
City
Post code 3016DR
Telephone number 010 4301911
Company Status Actief
Company type Private limited
liability company (BV) with ordinary structure
Date of company type change 05/07/2000
Establishment date 05/07/2000
Activity code 46211 Activity description Wholesale
of grain
Exporter yes Importer yes
Ceased trading date Continuance
date 12/07/2000
Date of latest accounts 30/09/2011
Mailing address details
Street Postbus
House or po box number 676
City
Post code 3000AR
Capital details
Nominal capital 15,000,000
Placed capital 3,000,000
Deposited capital 3,000,000
Employees details
Number of employees 150
Director information
R.M. López Mayorga
|
Annual accounts |
30-09-2011 |
|
30-09-2010 |
% |
30-09-2009 |
|
Weeks |
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
Consolidated
(y/n) |
Y |
|
Y |
|
Y |
|
Turnover |
10,246,552,707 |
23.2% |
8,313,912,378 |
26.5% |
6,573,931,620 |
|
Other operating
income |
0 |
-100% |
30,862,551 |
- |
0 |
|
Total operating
income |
10,246,552,707 |
22.8% |
8,344,774,929 |
26.9% |
6,573,931,620 |
|
Total operating
expenses |
10,186,964,589 |
21.5% |
8,381,494,424 |
28.4% |
6,528,263,143 |
|
Operating
result |
59,588,118 |
262.3% |
-36,719,495 |
-180.4% |
45,668,478 |
|
Total financial
income |
5,040,069 |
-18.3% |
6,168,654 |
25.3% |
4,925,026 |
|
Total financial
expenses |
40,981,894 |
12% |
36,604,451 |
20.8% |
30,291,189 |
|
Results on
ordinary operations before tax |
23,646,293 |
135.4% |
-66,713,113 |
-556.7% |
14,607,974 |
|
Taxation |
11,596,273 |
212.7% |
-10,292,873 |
-344.8% |
4,205,199 |
|
Results on
ordinary operations after tax |
12,050,020 |
121.4% |
-56,420,240 |
-642.4% |
10,402,775 |
|
Share in
profit/(loss) of minority interest |
- |
- |
-78,410 |
91.8% |
-956,341 |
|
Extraordinary
items |
2,810,536 |
807.3% |
309,782 |
101.4% |
-22,420,017 |
|
Net result |
9,267,763 |
116.3% |
-56,808,432 |
-276.3% |
32,221,223 |
|
OTHER INFORMATION |
|||||
|
Payroll costs |
55,855,947 |
-11% |
62,755,354 |
23.4% |
50,839,015 |
|
Amortization
and depreciation |
3,589,491 |
-5.4% |
3,794,513 |
26.3% |
3,003,989 |
Balance sheet
|
|||||
|
Annual accounts |
30-09-2011 |
% |
30-09-2010 |
% |
30-09-2009 |
|
Weeks |
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
Consolidated
(y/n) |
Y |
|
Y |
|
Y |
|
Intangible
fixed assets |
9,483,068 |
-1.8% |
9,660,454 |
40.4% |
6,882,696 |
|
Tangible fixed
assets |
18,142,835 |
-17.5% |
21,997,119 |
6.5% |
20,661,585 |
|
Financial fixed
assets |
41,807,124 |
-6.5% |
44,699,926 |
153% |
17,671,092 |
|
Total fixed
assets |
69,433,028 |
-9.1% |
76,357,499 |
68.9% |
45,215,373 |
|
Inventories |
403,854,027 |
-16.8% |
485,403,916 |
26.5% |
383,751,593 |
|
Trade Debtors |
274,960,136 |
-6.1% |
292,860,673 |
-5.9% |
311,376,918 |
|
Other
receivables |
390,889,442 |
-7.8% |
424,036,156 |
32% |
321,172,983 |
|
Cash |
8,391,760 |
-95.8% |
201,931,834 |
999.9% |
3,245,003 |
|
Miscellaneous
current assets |
0 |
- |
0 |
- |
0 |
|
Total current
assets |
1,078,095,365 |
-23.2% |
1,404,232,578 |
37.7% |
1,019,546,497 |
|
Trade creditors |
169,605,207 |
-24.9% |
225,963,748 |
77.8% |
127,110,392 |
|
Other current
liabilities including accruals & defered income |
707,425,972 |
-16.9% |
851,533,262 |
27.6% |
667,428,054 |
|
Total current
liabilities |
877,031,179 |
-18.6% |
1,077,497,010 |
35.6% |
794,538,447 |
|
Total provisions |
5,281,083 |
-65.2% |
15,183,193 |
53.8% |
9,875,117 |
|
Subordinated
loans |
49,781,128 |
287.3% |
12,854,040 |
- |
- |
|
Other long term
liabilities |
1,782,855 |
-99% |
170,353,313 |
999.9% |
1,678,095 |
|
Total long term
debts |
56,845,066 |
-71.3% |
198,390,546 |
999.9% |
11,553,212 |
|
Issued share
capital |
- |
- |
- |
- |
- |
|
Retained
earnings |
0 |
- |
0 |
- |
0 |
|
Revaluation
reserve |
- |
- |
- |
- |
- |
|
Other share
capital & reserves |
213,698,422 |
4% |
205,568,884 |
-20.6% |
259,064,830 |
|
Minority
interests |
-46,275 |
94.7% |
-866,362 |
-119.5% |
-394,619 |
|
Annual accounts |
30-09-2011 |
% |
30-09-2010 |
% |
30-09-2009 |
|
Weeks |
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
Consolidated
(y/n) |
Y |
|
Y |
|
Y |
|
TRADING
PERFORMANCE |
|||||
|
Results
on ordinary operations before taxation margin |
0.23 |
128.8% |
-0.80 |
-463.6% |
0.22 |
|
Return
on capital employed |
8.74 |
152.9% |
-16.51 |
-405.7% |
5.40 |
|
Return
on total assets employed |
2.06 |
145.7% |
-4.51 |
-429.2% |
1.37 |
|
Return
on net assets employed |
11.07 |
134% |
-32.59 |
-676.8% |
5.65 |
|
Sales /
net working capital |
50.96 |
100.2% |
25.45 |
-12.9% |
29.22 |
|
OPERATING
EFFICIENCY |
|||||
|
Stock
turnover ratio |
3.94 |
-32.5% |
5.84 |
0.00 % |
5.84 |
|
Debtor
days |
9.79 |
-23.9% |
12.86 |
-25.6% |
17.29 |
|
Creditor days |
6.08 |
-38.2% |
9.84 |
38.4% |
7.11 |
|
SHORT TERM STABILITY |
|||||
|
Current ratio |
1.23 |
-5.4% |
1.30 |
1.6% |
1.28 |
|
Liquidity ratio
/ acid ratio |
0.77 |
-9.4% |
0.85 |
6.3% |
0.80 |
|
Current debt
ratio |
4.10 |
-21.8% |
5.24 |
70.7% |
3.07 |
|
LONG TERM STABILITY |
|||||
|
Gearing |
26.60 |
-72.4% |
96.51 |
999.9% |
4.46 |
Payment experiences
|
Payment
expectations days |
6.08 -
This is the guideline expectation based upon our analysis as to this
companies payment behaviour in this industry |
|
Day
sales outstanding |
9.79 -
The number of days it takes this company to collect their debts |
Payment Information Summary
Total
number of Invoices available 11
Total number of
Invoices paid within or up to 30 days after the due
date 11
Total number of Invoices
paid more than 30 days after the due date 0
Total number of
Invoices currently outstanding where the due date
has not yet been reached 0
Industry comparisons
|
Activity
code |
4621 |
|
Activity
description |
Wholesale
of grain, unmanufactured tobacco, oils, seeds and animal feeds |
|
Industry
average payment expectations days |
32.51 -
This is the guideline expectation based upon our analysis as to this
companies payment behaviour in this industry |
|
Industry
average days sales outstanding |
36.38 -
Number of days it takes a company to collect their debt (industry average) |
Industry quartile analysis
|
Payment
expectations |
|
|
Company
result |
6.08 |
|
Lower |
13.78 |
|
Median |
27.49 |
|
Upper |
48.16 |
Day sales outstanding
|
Company
result |
9.79 |
|
Lower |
6.12 |
|
Median |
27.13 |
|
Upper |
|
Industry comparison
Activity code 46211
Activity description Wholesale of grain
Industry average credit limit 97,781
Summary
|
Group -
Number of Companies |
10 |
|
Linkages
- Number of Companies |
5 |
|
Number
of Countries |
2 |
|
Ultimate
holding company |
|
Holding company (100%)
Name Nidera Holdings
B.V.
Street Willemsplein
House or po box number 492
City
Post code 3016DR
Ultimate holding company
Name Nidera Capital B.V
Holding Company
|
Name |
Nidera
Holdings B.V. |
|
Street |
Willemsplein |
|
House or
po box number |
492 |
|
City |
|
|
Post
code |
3016DR |
Group structure
|
Company
name |
|
Number |
Latest financials |
|
- Nidera
Capital B.V. |
|
24043517 |
30-09-2011 |
|
- - NGM
International B.V. |
|
24186996 |
30-09-2011 |
|
- - Trenova
B.V. |
|
24291969 |
30-09-2011 |
|
- - Nidera Holdings
B.V. |
|
24353180 |
30-09-2011 |
|
— Nidera
Handelscompagnie B.V. |
|
24307569 |
30-09-2011 |
|
- - - -
Transfeed B.V. |
|
24179149 |
30-09-2009 |
Companies that match this address
|
Company
name |
Company
Number |
Latest
Accounts Filed |
|
Anglo |
24186995 |
30/09/2010 |
|
Concordia
Middle East B.V. |
24449464 |
30/09/2010 |
|
Concordia
Trading B.V. |
24145844 |
- |
|
Cooperatie
Juler U.A. |
24458983 |
- |
|
Juler B.V. |
24486283 |
30/09/2011 |
|
Maashaven
Holding B.V. |
24115135 |
31/12/2010 |
|
Maashaven
Trading B.V. |
24139440 |
31/12/2010 |
|
NGM International
B.V. |
24186996 |
30/09/2011 |
|
NiFS B.V. |
24455199 |
30/09/2010 |
|
Nidera Agri
Enterprises B.V. |
33246301 |
30/09/2010 |
|
Nidera Beheer
B.V. |
24190211 |
30/09/2011 |
|
Nidera Capital
B.V. |
24043517 |
30/09/2011 |
|
Nidera Holdings
B.V. |
24353180 |
30/09/2011 |
|
Nidera Participations
B.V. |
24449453 |
30/09/2010 |
|
Transfeed B.V. |
24179149 |
30/09/2009 |
|
Transgrain
Shipping B.V. |
24151995 |
30/09/2009 |
|
Transgrain
Transport B.V. |
24129395 |
30/09/2010 |
|
Trenova B.V. |
24291969 |
30/09/2011 |
|
Tricore
International Ltd. |
24471036 |
- |
Summary
|
Group - Number
of Companies |
10 |
|
Linkages
- Number of Companies |
5 |
|
Number
of Countries |
2 |
Linked companies
|
NAME |
|
|
NUMBER |
LATEST
KEY FINANCIALS |
TURNOVER |
|
NIDERA
UK LIMITED |
|
|
00165772 |
30.09.2011 |
£311,859,433 |
|
ANG B.V. |
|
|
30258537 |
31.12.2010 |
- |
|
GRAIN
TERMINAL ( |
|
|
00297744 |
30.09.2011 |
£2,579,872 |
|
BARMBY
MOOR HOLDINGS LIMITED |
|
UK04157199 |
04509399 |
30.09.2011 |
£126,000 |
|
ANGLIA
BULK TERMINAL LIMITED |
|
UK02946196 |
03287785 |
31.12.2010 |
- |
Court data
There is no data for this company
Director details
this product is only available for Belgium & Dutch
customers.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.58 |
|
|
1 |
Rs.87.14 |
|
Euro |
1 |
Rs.69.73 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.