MIRA
INFORM REPORT
|
Report Date : |
23.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
Bhandari International Sociedad Limitada |
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Registered Office : |
Calle Naval La 48 - Las Palmas De Gran Canaria - 35008 - |
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Country : |
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Financials (as on) : |
2010 |
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Date of Incorporation : |
14.09.1994 |
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Legal Form : |
Private Company |
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Line of Business : |
Subject is engaged in the marketing and distribution of a wide range
of items including textiles, electronics and others, etc. |
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No. of Employees : |
Not Employees |
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RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Poor |
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Payment Behaviour : |
Delayed |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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Canary Islands |
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 |
EXECUTIVE SUMMARY
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Name: |
BHANDARI
INTERNATIONAL SOCIEDAD LIMITADA |
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NIF
/ Fiscal code: |
B35374958 |
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Status: |
ACTIVE |
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Incorporation
Date: |
14/09/1994 |
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Register Data |
Register
Section 8 Sheet 11068 |
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Last Publication in BORME: |
17/08/2011
[Annual accounts' deposit] |
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Last
Published Account Deposit: |
2011 |
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Share
Capital: |
18.030,36 |
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Localization: |
CALLE
NAVAL LA 48 - LAS PALMAS DE GRAN CANARIA - 35008 - LAS PALMAS |
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Telephone
- Fax - Email - Website: |
Ph.:.
928466889 |
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Activity: |
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NACE: |
4641
- Wholesale of textiles |
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Registered
Trademarks: |
|
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Audited
/ Opinion: |
No |
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Tenders
and Awards: |
0
for a total cost of 0 |
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Subsidies: |
0
for a total cost of 0 |
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Quality
Certificate: |
No |
Defaults, Legal
Claims and Insolvency Proceedings
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|
Number |
Amount |
Most Recent Entry |
|
Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
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Defaults
on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
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Judicial
Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
|
None |
0 |
--- |
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Proceedings
heard by the Civil Court |
|
Unpublished |
0 |
--- |
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Proceedings
heard by the Labour Court |
|
Unpublished |
0 |
--- |
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Partners: |
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Shares: |
0 |
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Other
Links: |
0 |
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No.
of Active Corporate Bodies: |
SINGLE
ADMINISTRATOR 1 |
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Ratios |
2010 |
2009 |
Change |
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Guarantees: |
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Properties
Registered: |
Company
NO, Administrator NO |
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Financing
/ Guarantee Sources : |
Sources
NO, Guarantees NO |
INVESTIGATION
SUMMARY
The company has an irregular commercial evolution; its growth has been
unstable in the last years. Its equity is negative. It respects its payment
engagements. The last balance sheet is not available yet. We will send it as
soon as possible.
Enquiry Details
Identification
|
Social Denomination: |
BHANDARI INTERNATIONAL
SOCIEDAD LIMITADA |
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NIF / Fiscal code: |
B35374958 |
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Corporate Status: |
ACTIVE |
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Start of activity: |
1994 |
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Registered Office: |
CALLE NAVAL LA 48 |
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Locality: |
LAS PALMAS DE GRAN CANARIA |
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Province: |
LAS PALMAS |
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Postal Code: |
35008 |
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Telephone: |
928466889 |
Activity
|
NACE: |
4641 |
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CNAE Obtaining Source: |
4641 |
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Additional Information: |
The subject is engaged in
the marketing and distribution of a wide range of items including textiles,
electronics and others, etc. |
|
Additional Address: |
C/ |
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Import / export: |
DOES NOT IMPORT / DOES NOT
EXPORT |
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Future Perspective: |
Face recession |
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Industry situation: |
Maturity |
Chronological Summary
|
Year |
Act |
|
1994 |
Appointments/ Re-elections (1) Company Formation (1) Increase of
Capital (1) Statutory Modifications (1) |
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1995 |
Accounts deposit (ejer. 1994) Appointments/ Re-elections (1)
Cessations/ Resignations/ Reversals (1) Statutory Modifications (1) |
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1996 |
Accounts deposit (ejer. 1995) |
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1997 |
Accounts deposit (ejer. 1996) |
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1998 |
Adaptation to Law (1) Appointments/ Re-elections (1) Cessations/
Resignations/ Reversals (1) Change of Social address (1) Statutory
Modifications (1) |
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1999 |
Accounts deposit (ejer. 1997, 1998) |
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2000 |
Accounts deposit (ejer. 1999) |
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2001 |
Accounts deposit (ejer. 2000) Change of Social address (1) Statutory
Modifications (1) |
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2002 |
Accounts deposit (ejer. 2001) |
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2003 |
Accounts deposit (ejer. 2002) |
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2004 |
Accounts deposit (ejer. 2003) |
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2005 |
Accounts deposit (ejer. 2004) |
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2006 |
Accounts deposit (ejer. 2005) |
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2007 |
Accounts deposit (ejer. 2006) |
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2008 |
Accounts deposit (ejer. 2007) |
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2009 |
Accounts deposit (ejer. 2008) |
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2010 |
Accounts deposit (ejer. 2009) |
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2011 |
Accounts deposit (ejer. 2010) |
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2012 |
Accounts deposit (ejer. 2011) |
Breakdown
of Owners' Equity
|
Registered Capital: |
18.030,36 |
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Paid up capital: |
18.030,36 |
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
03/10/1994 |
Company Formation |
3.005 |
3.005 |
3.005 |
3.005 |
|
28/11/1994 |
Increase of Capital |
15.025 |
15.025 |
18.030 |
18.030 |
Active
Social Bodies
|
Post
published |
Social
Body's Name |
Appointment
Date |
Other
Positions in this Company |
|
SINGLE
ADMINISTRATOR |
SHASHIKANT
SURAJMAL BHANDARI |
09/09/1998 |
3 |
|
PROXY |
SHASHIKANT
SURAJMAL BHANDARI |
09/09/1998 |
3 |
Historical Social Bodies
|
Social Body's
Name |
Post published |
End Date |
Other Positions
in this Company |
|
ALMEIDA
MARSHALL JOSEPH |
JOINT
ADMINISTRATOR |
03/01/1995 |
1 |
|
BHANDARI
SHASHIKANT SURAJMAL |
JOINT
ADMINISTRATOR |
03/01/1995 |
1 |
|
SHASHIKANT
SURAJMAL BHANDARI |
SINGLE
ADMINISTRATOR |
09/09/1998 |
3 |
Executive board
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
SHASHIKANT SURAJMAL
BHANDARI |
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DIRECTOR/GENERAL
MANAGER |
|
SHASHIKANT
SURAJMAL BHANDARI |
Defaults, Legal Claims and Insolvency
Proceedings
Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI ).
Chronological summary
|
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Number of Publications |
Amount (_) |
Start date |
End date |
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Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
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Proceedings |
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--- |
--- |
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--- |
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Resolution |
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--- |
--- |
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--- |
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Defaults
on debt with Financial Institutions and Large Companies |
Bank
and Commercial Delinquency |
None |
0 |
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Status:
Friendly |
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--- |
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Status:
Pre-Litigation |
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--- |
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Status:
Litigation |
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--- |
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Status:
Non-performing |
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--- |
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Status:
insolvency proceedings, bankruptcy and suspension of payments |
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--- |
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Other
status |
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--- |
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Legal
and Administrative Proceedings |
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Unpublished |
--- |
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Notices
of defaults and enforcement |
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--- |
--- |
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--- |
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Seizures |
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--- |
--- |
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--- |
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Auctions |
|
--- |
--- |
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--- |
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Declarations
of insolvency and bad debt |
|
--- |
--- |
|
--- |
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Proceedings
heard by the Civil Court |
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Unpublished |
--- |
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|
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Proceedings
heard by the Labour Court |
|
Unpublished |
--- |
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Positive Factors |
Adverse Factors |
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Productivity decrease. The Company's salaried staff
productivity has decreased with respect to the previous fiscal year. ROE lowering effect. Total Economic Rate of Return in 2010
is lower than the Borrowing Cost; therefore, the leverage is lower than the unit
and has a ROE lowering effect. This indicates that the Company should not
incur any further debts, as this would reduce its shareholders'
profitability. The company has no profits before taxes resulting from its
investment in subscribed capital. It has no return on income.The company's gross yield from
its main activity performed using its equity is non-existent. It has no profits from its typical business activities in
2010 but it does in 2009 . |
Probability of default
Probabilidad Estimada
de Impago para los próximos 12 meses: 67.1 %
Sector in which comparison is carried out :
464 Wholesale of household goods
Relative Position:
Credit quality is inferior to that of other companies in the same sector.
The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a worse position with regard to the probability of non-compliance.
The 99% of the companies of the sector Bhandari International Sociedad Limitada belongs to shows a lower probability of non-compliance.
The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 67.06%.
In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.
Summary of Judicial Claims
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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No
se han publicado |
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PROCEDURES OF CONTEST, BANKRUPTCY
AND BANKRUPTCY PROTECTION
|
Turnover |
|
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Total Sales
2011 |
1.800.000 |
Financial Accounts and Balance
Sheets
Financial Years Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2011 |
Normales |
September 2012 |
|
2010 |
Normales |
August 2011 |
|
2009 |
Normales |
September 2010 |
|
2008 |
Normales |
August 2009 |
|
2007 |
Normales |
September 2008 |
|
2006 |
Normales |
August 2007 |
|
2005 |
Normales |
October 2006 |
|
2004 |
Normales |
September 2005 |
|
2003 |
Normales |
September 2004 |
|
2002 |
Normales |
August 2003 |
|
2001 |
Normales |
August 2002 |
|
2000 |
Normales |
September 2001 |
|
1999 |
Normales |
August 2000 |
|
1998 |
Normales |
August 1999 |
|
1997 |
Normales |
December 1998 |
|
1996 |
Normales |
November 1997 |
|
1995 |
Normales |
January 1996 |
|
1994 |
Normales |
August 1995 |
The data in the report regarding the last Company Accounts submitted by the company is taken from the TRADE REGISTER serving the region in which the company's address is located 31/12/2010
Balance en formato Pyme de acuerdo al Nuevo Plan General Contable 2007
Information corresponding to the fiscal year 2010 2009 2008 is taken from information submitted to the TRADE REGISTER. Data corresponding to fiscal years before 2010 2009 2008 has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009. Where the provisions of the Act did not establish relevant equivalence criteria, we created such criteria using its own methodology. To view details on the methodology.
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ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
|
Assets |
2010 |
2009 |
2008 |
|
|
|
A)
NON-CURRENT ASSETS: 11000 |
166.189,00 |
170.892,00 |
175.491,00 |
|
|
|
I. Intangible fixed assets : 11100 |
0,00 |
0,00 |
0,00 |
|
|
|
II. Tangible fixed assets : 11200 |
7.979,00 |
9.401,00 |
10.847,00 |
|
|
|
III. Real estate investment: 11300 |
0,00 |
0,00 |
0,00 |
|
|
|
IV. Long-term investments in Group companies and associates :
11400 |
0,00 |
0,00 |
0,00 |
|
|
|
V. Long-term financial investments: 11500 |
158.210,00 |
161.491,00 |
164.644,00 |
|
|
|
VI. Assets for deferred tax : 11600 |
0,00 |
0,00 |
0,00 |
|
|
|
VII. Non-current trade debtors : 11700 |
0,00 |
0,00 |
0,00 |
|
|
|
B)
CURRENT ASSETS: 12000 |
252.092,00 |
250.559,00 |
366.080,00 |
|
|
|
I. Stocks : 12200 |
0,00 |
27.755,00 |
46.469,00 |
|
|
|
II. Trade debtors and others receivable accounts : 12300 |
193.452,00 |
170.956,00 |
256.198,00 |
|
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|
1. Trade debtors / accounts receivable:
12380 |
190.736,00 |
168.240,00 |
253.483,00 |
|
|
|
a) Long-term
receivables from sales and services supplied : 12381 |
0,00 |
0,00 |
0,00 |
|
|
|
b) Customers for
sales and provisions of services : 12382 |
190.736,00 |
168.240,00 |
253.483,00 |
|
|
|
2. Called up share capital: 12370 |
0,00 |
0,00 |
0,00 |
|
|
|
3. Other accounts receivable : 12390 |
2.715,00 |
2.715,00 |
2.715,00 |
|
|
|
III. Short-term investment in Group companies and associates:
12400 |
300,00 |
0,00 |
0,00 |
|
|
|
IV. Short-term financial investments : 12500 |
3.663,00 |
3.514,00 |
1.844,00 |
|
|
|
V. Short-term accruals : 12600 |
0,00 |
0,00 |
0,00 |
|
|
|
VI. Cash and other equivalent liquid assets : 12700 |
54.678,00 |
48.334,00 |
61.568,00 |
|
|
|
TOTAL
ASSETS (A + B) : 10000 |
418.281,00 |
421.451,00 |
541.571,00 |
|
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|
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Liabilities
and Net Worth |
2010 |
2009 |
2008 |
|
|
A)
NET WORTH: 20000 |
-411.334,00 |
-290.449,00 |
-334.190,00 |
|
|
A-1)
Shareholders' equity: 21000 |
-411.334,00 |
-290.449,00 |
-334.190,00 |
|
|
I. Capital: 21100 |
18.030,00 |
18.030,00 |
18.030,00 |
|
|
1. Registered capital : 21110 |
18.030,00 |
18.030,00 |
18.030,00 |
|
|
2. (Uncalled capital): 21120 |
0,00 |
0,00 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
6.334,00 |
6.334,00 |
6.334,00 |
|
|
IV. (Common stock equity): 21400 |
0,00 |
0,00 |
0,00 |
|
|
V. Profit or loss brought forward: 21500 |
-314.813,00 |
-358.553,00 |
-346.226,00 |
|
|
VI. Other shareholders' contributions: 21600 |
0,00 |
0,00 |
0,00 |
|
|
VII. Result of the period: 21700 |
-120.884,00 |
43.740,00 |
-12.328,00 |
|
|
VIII. (Interim dividend): 21800 |
0,00 |
0,00 |
0,00 |
|
|
A-2)
Changes in net worth : 22000 |
0,00 |
0,00 |
0,00 |
|
|
A-3)
Received subsidies, donations and legacies: 23000 |
0,00 |
0,00 |
0,00 |
|
|
B)
NON-CURRENT LIABILITIES: 31000 |
0,00 |
0,00 |
0,00 |
|
|
I. Long-term provisions: 31100 |
0,00 |
0,00 |
0,00 |
|
|
II. Long-term creditors : 31200 |
0,00 |
0,00 |
0,00 |
|
|
1. Amounts owed to credit institutions:
31220 |
0,00 |
0,00 |
0,00 |
|
|
2. Creditors from financial leasing :
31230 |
0,00 |
0,00 |
0,00 |
|
|
3. Other long-term creditors : 31290 |
0,00 |
0,00 |
0,00 |
|
|
III. Long-term debts with Group companies and associates:
31300 |
0,00 |
0,00 |
0,00 |
|
|
IV. Liabilities for deferred tax: 31400 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term accruals: 31500 |
0,00 |
0,00 |
0,00 |
|
|
VI. Non-current trade creditors : 31600 |
0,00 |
0,00 |
0,00 |
|
|
VII. Special long-term debts : 31700 |
0,00 |
0,00 |
0,00 |
|
|
C)
CURRENT LIABILITIES : 32000 |
829.614,00 |
711.901,00 |
875.760,00 |
|
|
I. Short-term provisions: 32200 |
0,00 |
0,00 |
0,00 |
|
|
II. Short-term creditors : 32300 |
-10.362,00 |
-6.846,00 |
0,00 |
|
|
1. Amounts owed to credit institutions:
32320 |
0,00 |
0,00 |
0,00 |
|
|
2. Creditors from financial leasing :
32330 |
0,00 |
0,00 |
0,00 |
|
|
3. Other short-term creditors :
32390 |
-10.362,00 |
-6.846,00 |
0,00 |
|
|
III. Short-term amounts owed to group and associated companies:
32400 |
0,00 |
0,00 |
0,00 |
|
|
IV. Trade creditors and other accounts payable: 32500 |
839.977,00 |
718.747,00 |
875.760,00 |
|
|
1. Suppliers: 32580 |
836.212,00 |
714.975,00 |
873.090,00 |
|
|
a) Long-term debts :
32581 |
0,00 |
0,00 |
0,00 |
|
|
b) Short-term debts :
32582 |
836.212,00 |
714.975,00 |
873.090,00 |
|
|
2. Other creditors: 32590 |
3.764,00 |
3.773,00 |
2.670,00 |
|
|
V. Short-term accruals : 32600 |
0,00 |
0,00 |
0,00 |
|
|
VI. Special short-term debts : 32700 |
0,00 |
0,00 |
0,00 |
|
|
TOTAL
NET WORTH AND LIABILITIES (A + B + C) : 30000 |
418.281,00 |
421.451,00 |
541.571,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Profit
and Loss |
2010 |
2009 |
2008 |
|
|
1. Net turnover: 40100 |
1.924.262,00 |
2.189.660,00 |
2.778.407,00 |
|
|
2. Changes in stocks of finished goods and work in progress:
40200 |
0,00 |
0,00 |
0,00 |
|
|
3. Works carried out by the company for its assets: 40300 |
0,00 |
0,00 |
0,00 |
|
|
4. Supplies : 40400 |
-1.889.515,00 |
-2.140.094,00 |
-2.630.045,00 |
|
|
5. Other operating income: 40500 |
2.532,00 |
0,00 |
0,00 |
|
|
6. Personnel costs: 40600 |
-46.569,00 |
-45.294,00 |
-46.933,00 |
|
|
7. Other operating costs: 40700 |
-26.195,00 |
-29.647,00 |
-34.073,00 |
|
|
8. Amortisation of fixed assets: 40800 |
-1.802,00 |
-1.797,00 |
-2.134,00 |
|
|
9. Allocation of subsidies of non-financial fixed assets and
other: 40900 |
0,00 |
0,00 |
0,00 |
|
|
10. Excess provisions : 41000 |
0,00 |
0,00 |
0,00 |
|
|
11. Impairment and result of transfers of fixed assets:
41100 |
0,00 |
1.000,00 |
0,00 |
|
|
12. Other results : 41300 |
0,00 |
0,00 |
0,00 |
|
|
A)
OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12) :
49100 |
-37.286,00 |
-26.172,00 |
65.222,00 |
|
|
13. Financial income : 41400 |
6.347,00 |
7.317,00 |
6.599,00 |
|
|
a) Allocation of financial subsidies,
donations and legacies: 41430 |
0,00 |
0,00 |
0,00 |
|
|
b) Other financial income: 41490 |
6.347,00 |
7.317,00 |
6.599,00 |
|
|
14. Financial expenditure : 41500 |
-46,00 |
-5,00 |
-28,00 |
|
|
15. Changes in fair value of financial instruments :
41600 |
0,00 |
0,00 |
0,00 |
|
|
16. Exchange rate differences: 41700 |
-89.900,00 |
62.601,00 |
-84.120,00 |
|
|
17. Impairment and result for transfers of financial
instruments : 41800 |
0,00 |
0,00 |
0,00 |
|
|
18. Other financial income and expenditure: 42100 |
0,00 |
0,00 |
0,00 |
|
|
a) Incorporation of financial expenditure to
assets: 42110 |
0,00 |
0,00 |
0,00 |
|
|
b) Financial income from arrangement with
creditors: 42120 |
0,00 |
0,00 |
0,00 |
|
|
c) Other income and expenditure:
42130 |
0,00 |
0,00 |
0,00 |
|
|
B)
FINANCIAL REVENUE ( 13 + 14 + 15 + 16 + 17 +18 ) : 49200 |
-83.598,00 |
69.912,00 |
-77.550,00 |
|
|
C)
NET RESULT BEFORE TAXES ( A + B ) : 49300 |
-120.884,00 |
43.740,00 |
-12.328,00 |
|
|
19. Income taxes : 41900 |
0,00 |
0,00 |
0,00 |
|
|
D)
RESULT OF THE PERIOD ( C + 19 ) : 49500 |
-120.884,00 |
43.740,00 |
-12.328,00 |
|
CASHFLOW STATEMENT
Model:
Normal
Source of information: Data contained in this section is taken
from the information declared in the Annual Accounts submitted to the Trade
Register.
|
|
2010 |
2009 |
2008 |
|
1.
Fiscal year result before taxes.: 61100 |
-120.884,00 |
43.740,00 |
-12.328,00 |
|
2.
Results adjustments.: 61200 |
-4.500,00 |
-5.515,00 |
-4.437,00 |
|
a) Fixed Assets Amortization (+).: 61201 |
1.802,00 |
1.797,00 |
2.134,00 |
|
g) Financial income (-).: 61207 |
-6.347,00 |
-7.317,00 |
-6.599,00 |
|
h) Financial Expenses (+). : 61208 |
46,00 |
5,00 |
28,00 |
|
3.
Changes in current capital equity.: 61300 |
126.040,00 |
-54.727,00 |
571.249,00 |
|
a) Stock (+/-).: 61301 |
27.755,00 |
18.714,00 |
-46.469,00 |
|
d) Debtors and other accounts receivable (+/-). : 61302 |
-22.496,00 |
85.242,00 |
-256.198,00 |
|
c) Other current assets (+/-). : 61303 |
-448,00 |
-1.670,00 |
-1.844,00 |
|
d) Creditors and other accounts payable (+/-). : 61304 |
121.229,00 |
-157.013,00 |
875.760,00 |
|
4.
Other cash flows for operating activities.: 61400 |
6.301,00 |
7.312,00 |
6.570,00 |
|
a) Interest payments (-). : 61401 |
-46,00 |
-5,00 |
-28,00 |
|
c) Interest collection (+). : 61403 |
6.347,00 |
7.317,00 |
6.599,00 |
|
5.
Operating activity cash flows (1 + 2 + 3 + 4) : 61500 |
6.958,00 |
-9.190,00 |
561.055,00 |
|
6.
Payments for investment (-).: 62100 |
0,00 |
0,00 |
-175.491,00 |
|
c) Fixed assets. : 62103 |
0,00 |
0,00 |
-10.847,00 |
|
e) Other financial assets. : 62105 |
0,00 |
0,00 |
-164.644,00 |
|
7.
Divestment payment collection (+). : 62200 |
4.703,00 |
4.599,00 |
0,00 |
|
c) Fixed assets. : 62203 |
1.422,00 |
1.446,00 |
0,00 |
|
e) Other financial assets. : 62205 |
3.281,00 |
3.153,00 |
0,00 |
|
8.
Investment activity cash flows (6 + 7) minus Amortization: 62300 |
2.901,00 |
2.802,00 |
-177.625,00 |
|
9.
Payment collection and payments for equity instruments. : 63100 |
0,00 |
0,00 |
-321.862,00 |
|
b) Amortization of assets instruments (-). : 63102 |
0,00 |
0,00 |
-321.862,00 |
|
10.
Payment collection and payments for financial liabilities instruments.:
63200 |
-3.516,00 |
-6.846,00 |
0,00 |
|
b) Repayment and amortization of : 63207 |
-3.516,00 |
-6.846,00 |
0,00 |
|
5. Other debts (-). : 63212 |
-3.516,00 |
-6.846,00 |
0,00 |
|
11.
Payments from dividends and remunerations from other assets instruments. :
63300 |
0,00 |
0,00 |
0,00 |
|
12.
Cash flows for financing activities (9+10+11).: 63400 |
-3.516,00 |
-6.846,00 |
-321.862,00 |
|
D)
EFECTO DE LAS VARIACIONES DE LOS TIPOS DE CAMBIO: 64000 |
0,00 |
0,00 |
0,00 |
|
E)
NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) :
65000 |
6.343,00 |
-13.234,00 |
61.568,00 |
|
Cash or equivalent assets as of beginning of the fiscal year.:
65100 |
48.334,00 |
61.568,00 |
0,00 |
|
Cash or equivalent assets as of end of the fiscal year.:
65200 |
54.678,00 |
48.334,00 |
61.568,00 |
FINANCIAL DIAGNOSIS
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the Trade Register.
> Comparison within the Sector
|
Cash Flow |
2010 |
2009 |
Variación 2010 - 2009 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Cash Flow over Sales: |
0,33 % |
-0,01 % |
-0,60 % |
-2,30 % |
154,54 % |
99,55 % |
|
EBITDA over Sales: |
-1,84 % |
5,01 % |
-1,16 % |
5,50 % |
-59,12 % |
-8,90 % |
|
Cash Flow Yield: |
1,52 % |
-0,01 % |
-3,14 % |
-1,36 % |
148,30 % |
99,42 % |
|
Profitability |
2010 |
2009 |
Variación 2010 - 2009 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Operating
economic profitability: |
-14,56 % |
1,98 % |
-10,21 % |
1,99 % |
-42,65 % |
-0,75 % |
|
Total
economic profitability: |
-28,89 % |
2,35 % |
10,38 % |
2,34 % |
-378,33 % |
0,28 % |
|
Financial
profitability: |
29,39 % |
1,49 % |
-15,06 % |
0,91 % |
295,15 % |
65,03 % |
|
Margin:
|
-1,94 % |
2,10 % |
-1,20 % |
2,62 % |
-61,90 % |
-19,96 % |
|
Mark-up:
|
-6,27 % |
1,02 % |
2,00 % |
1,05 % |
-414,07 % |
-3,12 % |
|
Solvency |
2010 |
2009 |
Variación 2010 - 2009 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Liquidity:
|
0,07 |
0,22 |
0,07 |
0,22 |
-2,93 |
1,86 |
|
Acid
Test: |
0,30 |
1,01 |
0,31 |
1,02 |
-2,91 |
-1,62 |
|
Working
Capital / Investment: |
-1,38 |
0,23 |
-1,09 |
0,28 |
-26,13 |
-18,10 |
|
Solvency:
|
0,30 |
1,72 |
0,35 |
1,96 |
-13,66 |
-12,17 |
|
Indebtedness |
2010 |
2009 |
Variación 2010 - 2009 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Indebtedness
level: |
-2,02 |
1,40 |
-2,45 |
1,30 |
17,71 |
7,77 |
|
Borrowing
Composition: |
0,00 |
0,78 |
0,00 |
0,97 |
|
-19,41 |
|
Repayment
Ability: |
-6,62 |
-73,40 |
18,62 |
15,40 |
-135,53 |
-576,57 |
|
Warranty:
|
0,50 |
1,72 |
0,59 |
1,77 |
-14,83 |
-3,13 |
|
Generated
resources / Total creditors: |
-0,14 |
0,05 |
0,06 |
0,05 |
-324,40 |
12,94 |
|
Efficiency |
2010 |
2009 |
Variación 2010 - 2009 |
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
Productivity:
|
0,24 |
1,22 |
0,44 |
1,23 |
-45,87 |
-1,17 |
|
Turnover
of Collection Rights : |
9,96 |
4,14 |
12,81 |
3,69 |
-22,24 |
12,23 |
|
Turnover
of Payment Entitlements: |
2,28 |
2,68 |
3,02 |
2,48 |
-24,45 |
8,17 |
|
Stock
rotation: |
|
3,49 |
79,87 |
2,47 |
|
41,18 |
|
Assets
turnover: |
7,52 |
0,94 |
8,54 |
0,76 |
-11,89 |
24,01 |
|
Borrowing
Cost: |
0,01 |
2,32 |
0,00 |
2,90 |
|
-20,01 |
>
Trend of indicators under the General Accounting Plan of 2007 (2010, 2009,
2008)
|
Cash
Flow |
2010 |
2009 |
2008 |
|
Cash
Flow over Sales: |
0,33 % |
-0,60 % |
|
|
EBITDA
over Sales: |
-1,84 % |
-1,16 % |
2,42 % |
|
Cash
Flow Yield: |
1,52 % |
-3,14 % |
|
|
Profitability |
2010 |
2009 |
2008 |
|
Operating
economic profitability: |
-14,56 % |
-10,21 % |
17,39 % |
|
Total
economic profitability: |
-28,89 % |
10,38 % |
-2,27 % |
|
Financial
profitability: |
29,39 % |
-15,06 % |
3,69 % |
|
Margin:
|
-1,94 % |
-1,20 % |
2,35 % |
|
Mark-up:
|
-6,27 % |
2,00 % |
-2,79 % |
|
Solvency |
2010 |
2009 |
2008 |
|
Liquidity:
|
0,07 |
0,07 |
0,07 |
|
Acid
Test: |
0,30 |
0,31 |
0,36 |
|
Working
Capital / Investment: |
-1,38 |
-1,09 |
-0,94 |
|
Solvency:
|
0,30 |
0,35 |
0,42 |
|
Indebtedness |
2010 |
2009 |
2008 |
|
Indebtedness
level: |
-2,02 |
-2,45 |
-2,62 |
|
Borrowing
Composition: |
0,00 |
0,00 |
0,00 |
|
Repayment
Ability: |
-6,62 |
18,62 |
-1,55 |
|
Warranty:
|
0,50 |
0,59 |
0,62 |
|
Generated
resources / Total creditors: |
-0,14 |
0,06 |
-0,01 |
|
Efficiency |
2010 |
2009 |
2008 |
|
Productivity:
|
0,24 |
0,44 |
2,44 |
|
Turnover
of Collection Rights : |
9,96 |
12,81 |
10,84 |
|
Turnover
of Payment Entitlements: |
2,28 |
3,02 |
3,04 |
|
Stock
rotation: |
|
79,87 |
58,39 |
|
Assets
turnover: |
7,52 |
8,54 |
7,41 |
|
Borrowing
Cost: |
0,01 |
0,00 |
0,00 |
COMPARATIVE SECTORIAL BALANCE
Sector-based Comparison under the
rules of the New General Accounting Plan.
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
Public Tenders and Works Won
No Public Tenders assigned to the name of the company.
Research
Summary
The
company has an irregular commercial evolution; its growth has been unstable in
the last years. Its equity is negative. It respects its payment engagements.
The last balance sheet is not available yet. We will send it as soon as
possible.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.16 |
|
|
1 |
Rs.70.86 |
|
Euro |
1 |
Rs.70.86 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.