MIRA INFORM REPORT
|
Report Date : |
10.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
COLORIQUE B.V. |
|
|
|
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Registered Office : |
Wilgenlaan 3, 1161JK Zwanenburg |
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|
|
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Country : |
Netherlands |
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|
|
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
12.04.2000 |
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|
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Com. Reg. No.: |
33271798 |
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Legal Form : |
Limited Company |
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|
|
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Line of Business : |
Wholesaler
of home furniture |
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|
|
|
No. of Employees : |
08 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Delayed |
|
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 (31.03.2012) |
Current Rating (30.06.2012) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Netherlands - ECONOMIC OVERVIEW
The Dutch economy is the fifth-largest economy in the euro-zone and is
noted for its stable industrial relations, moderate unemployment and inflation,
a sizable trade surplus, and an important role as a European transportation
hub. Industrial activity is predominantly in food processing, chemicals,
petroleum refining, and electrical machinery. A highly mechanized agricultural
sector employs only 2% of the labor force but provides large surpluses for the
food-processing industry and for exports. The Netherlands, along with 11 of its
EU partners, began circulating the euro currency on 1 January 2002. After 26
years of uninterrupted economic growth, the Dutch economy - highly dependent on
an international financial sector and international trade - contracted by 3.5%
in 2009 as a result of the global financial crisis. The Dutch financial sector
suffered, due in part to the high exposure of some Dutch banks to U.S.
mortgage-backed securities. In 2008, the government nationalized two banks and
injected billions of dollars of capital into other financial institutions, to
prevent further deterioration of a crucial sector. The government also sought
to boost the domestic economy by accelerating infrastructure programs, offering
corporate tax breaks for employers to retain workers, and expanding export
credit facilities. The stimulus programs and bank bailouts, however, resulted
in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply
with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE
began implementing fiscal consolidation measures in early 2011, mainly
reductions in expenditures, which resulted in an improved budget deficit of
3.8% of GDP.
|
Source : CIA |
CONTACT INFORMATION
|
|
|
|
Company name |
Colorique B.V. |
|
Tradename |
Colorique
B.V. |
|
Address |
Wilgenlaan
3 |
|
|
1161JK
Zwanenburg |
|
|
Netherlands |
|
Mail address |
Wilgenlaan
3 |
|
|
1161JK
Zwanenburg |
|
|
Netherlands |
|
Telephone number |
0204970066 |
|
Telefax number |
0204970644 |
|
E-mail address |
|
|
Website |
|
|
VAT number / RSIN |
808822421 |
COMPANY
INFORMATION
Handelsregisternummer 33271798
Registered in Chamber
of commerce Amsterdam
First registration 12-04-2000
Act of foundation 31-03-2000
Date of constitution 01-10-1993
Continuation date 31-03-2000
Last change in statutes 26-04-2007
Legal form Besloten
Vennootschap (Limited Company)
Place of constitution Amsterdam
|
Issued
capital |
18.152 |
|
Paid up
capital |
18.152 |
|
NACE-code |
Wholesale
of home furniture (51479) |
|
SBI-code |
Wholesale
of home furniture (46471) |
|
Formal objective |
Het
ontwerpen en de distributie van creatieve artikelen, houdster en financiering |
|
Employees |
Total:
8 |
|
|
|
Employees according
to CoC |
Chamber
of commerce: 8 |
|
|
|
Bookyear |
2012 |
2010 |
2009 |
|
Number |
8 |
4 |
8 |
|
Change |
100,00% |
-50,00% |
166,67% |
Company
structure
|
|
|
|
Shareholder |
Colorique
Holding B.V. |
|
|
Herengracht
235 |
|
|
1016BH
AMSTERDAM |
|
|
Netherlands |
|
|
KvK:
34132186 |
|
|
Active
since: 01-03-2012 |
|
|
Percentage:
100.00% |
|
Ultimate parent
company |
Stichting
Administratiekantoor Colorique Holding B.V. |
|
|
Herengracht
235 |
|
|
1016BH
AMSTERDAM |
|
|
KvK:
34187708 |
|
Holding company |
Colorique
Holding B.V. |
|
|
Herengracht
235 |
|
|
1016BH
AMSTERDAM |
|
|
KvK:
34132186 |
|
Real estate |
Lease |
|
|
The
real estate is checked at the land registration office |
|
|
Object
code: HAARLEMMERMEER A 10335 |
|
|
Owner:
BELEGGINGSMAATSCHAPPIJ VAN EXINR BV |
MANAGEMENT
|
|
|
|
Management |
Colorique
Holding B.V. |
|
|
Herengracht
235 |
|
|
1016BH
AMSTERDAM |
|
|
Netherlands |
|
|
KvK:
34132186 |
|
|
Authorization:
Fully authorized |
|
|
Position:
Manager |
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Date
appointed: 31-03-2000 |
PAYMENT INFORMATION
|
|
|
|
Payment experiences |
Payments
are delayed |
|
Payments |
Based
on multiple payment experiences up to € 1.000 |
|
|
Quarter:
1 2012: 103 Average days |
|
|
Quarter:
2 2012: 126 Average days |
|
|
Quarter:
3 2012: 124 Average days |
|
|
Quarter:
4 2012: 147 Average days |
FINANCIAL INFORMATION
|
Publication
financial statement |
·
Annual
accounts 2010 are published on 26-01-2012 ·
Annual
accounts 2009 are published on 19-01-2011 ·
Annual
accounts 2008 are published on 22-03-2010 ·
Annual
accounts 2007 are published on 19-02-2009 |
|
Type of
publication Publication |
Corporate Publication
according to obligations by law |
|
CORE FIGURES |
|
|
|
|
BOOKYEAR |
2010 |
2009 |
2008 |
|
Quick ratio |
0,20 |
0,29 |
0,52 |
|
Current ratio |
0,98 |
1,41 |
1,58 |
|
Nett workingcapital
/ Balance total |
-0,02 |
0,25 |
0,32 |
|
Capital and
reserves / Balance total |
0,01 |
0,38 |
0,44 |
|
Capital and
reserves / Fixed assets |
0,35 |
2,91 |
3,60 |
|
Solvency |
0,01 |
0,62 |
0,80 |
|
Nett workingcapital |
-8.491 |
90.671 |
122.000 |
|
Capital and
reserves |
4.542 |
138.112 |
169.000 |
|
Change capital and
reserves |
-96,71% |
-18,28% |
65,69% |
|
change short term
liabilities |
103,23% |
5,96% |
-50,70% |
|
Nett Turnover |
|
|
1.431.000 |
|
Operating profit |
|
|
50.000 |
|
Profitability
operating profit |
|
|
positive |
Annual accounts The
company is obligated to publish its annual accounts
Last annual accounts 2010
Type of publication Corporate
Turnover 2008:
1.431.000
Operating profit 2008:
50.000
Result after taxes 2008:
67.000
Tendency Declining
Tendency capital and reserve
Capital and reserves 2010 4.542
Total debt 2010
454.379
Current ratio 2010
0,98
Quick ratio 2010
0,20
Nett workingcapital 2010
-8.491
Profitability Negative
Solvency Own
resources are worn out
Liquidity Negative
Current &
quick ration
Currency in 
Balance
sheet
|
BOOKYEAR |
2010 |
2009 |
2008 |
|
End of bookyear |
31-12-2010 |
31-12-2009 |
31-12-2008 |
|
Tangible assets |
11-672 |
19.149 |
18.000 |
|
Financial assets |
1.361 |
28.292 |
28.000 |
|
Fixed assets |
13.033 |
47.441 |
47.000 |
|
Stocks and work in
progress |
354.547 |
249.434 |
224.000 |
|
Trade debtors |
-- |
-- |
26.000 |
|
Other amounts
receivable |
-- |
-- |
61.000 |
|
Accounts receivable |
91.121 |
60.700 |
87.000 |
|
Liquid assets |
220 |
4.114 |
22.000 |
|
Current assets |
445.888 |
314.248 |
333.000 |
|
Total assets |
458.921 |
361.689 |
380.000 |
|
Capital and
reserves |
4.542 |
138.112 |
169.000 |
|
Other short term
debts |
|
|
97.000 |
|
Total short term
debt |
454.379 |
223.577 |
211.000 |
|
Total debt |
454.379 |
223.577 |
211.000 |
|
Total Liabilities |
458.921 |
361.689 |
380.000 |
|
PROFIT & LOSS
ACCOUNT |
|
|
BOOKYEAR |
2008 |
|
Turnover |
1.431.000 |
|
Nett Turnover |
1.431.000 |
|
Wages employees |
274.000 |
|
Depreciation and
amortization |
6.000 |
|
Raw materials |
744.000 |
|
Other operating
charges |
357.000 |
|
Operating charges |
1.381.000 |
|
Operating profit |
50.000 |
|
Financial income |
4.000 |
|
Financial charges |
8.000 |
|
Financial result |
-4.000 |
|
Result before taxes |
46.000 |
|
Income taxes |
-27.000 |
|
Result after taxes |
73.000 |
|
Extraordinary
charges |
5.000 |
|
Extraordinary result |
5.000 |
|
Taxes on
extraordinary result |
-5.000 |
|
Extraordinary result
after taxes |
-5.000 |
|
Nett result |
67.000 |
History
Management Per
02-03-2012 manager 34219263 L & H B.V. out of office.
Company structure
Colorique Holding B.V. (34132186)
AMSTERDAM
Colorique
B.V. (33271798) Zwanenburg
Subsidiary
(100%)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.38 |
|
UK Pound |
1 |
Rs.83.99 |
|
Euro |
1 |
Rs.67.99 |
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.