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Report Date : |
21.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
JAFFAFRUIT PRODUCTS NV |
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Registered Office : |
Mechelsesteenweg 123 Wezembeek-Oppem, Post Code 1970 |
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Country : |
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Date of Incorporation : |
14.12.2011 |
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Com. Reg. No.: |
841857654 |
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Legal Form : |
Public Limited Liability Company |
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Line of Business : |
Retail sale of fruit and vegetables in specialised stores |
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No. of Employees : |
01 to 04 Employees |
RATING & COMMENTS
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MIRA’s Rating : |
Nb |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
---- |
NB |
New Business |
---- |
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Status : |
New business |
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Payment Behaviour : |
Unknown |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
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 |
Belgium - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized on
its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to volatility in
world markets. Roughly three-quarters of Belgium's trade is with other EU
countries, and Belgium has benefited most from its proximity to Germany. In
2011 Belgian GDP grew by 2.0%, the unemployment rate decreased slightly to 7.7%
from 8.3% the previous year, and the government reduced the budget deficit from
a peak of 6% of GDP in 2009 to 4.2% in 2011. Despite the relative improvement
in Belgium's budget deficit, public debt hovers near 100% of GDP, a factor that
has contributed to investor perceptions that the country is increasingly
vulnerable to spillover from the euro-zone crisis. Belgian banks were severely
affected by the international financial crisis in 2008 with three major banks
receiving capital injections from the government, and the nationalization of
the Belgian arm of a Franco-Belgian bank. An ageing population and rising
social expenditures are mid- to long-term challenges to public finances.
|
Source : CIA |
|
Business number |
841857654 |
Company name |
JAFFAFRUIT PRODUCTS NV |
|
|
|
Telephone number |
- |
|
Address |
MECHELSESTEENWEG 123 WEZEMBEEK-OPPEM |
Fax number |
- |
|
Post code |
1970 |
|
|
|
Date of
establishment |
14/12/2011 |
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Current director
details
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Name |
|
|
Position |
Director |
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Date of birth |
31/10/1957 |
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Street |
34 SERWEYTENS DE MERCXSTRAAT KNOKKE-HEIST |
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Post code |
8301 |
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Country |
Belgium |
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Name |
|
|
Position |
Director |
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Date of birth |
09/05/1967 |
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Street |
191 MECHELSESTEENWEG HOVE |
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Post code |
2540 |
|
Country |
Belgium |
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Name |
|
|
Position |
Managing Director |
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Date of birth |
25/11/1942 |
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Street |
123 MECHELSESTEENWEG WEZEMBEEK-OPPEM |
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Post code |
1970 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Date of birth |
25/11/1942 |
|
Street |
123 MECHELSESTEENWEG WEZEMBEEK-OPPEM |
|
Post code |
1970 |
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Country |
Belgium |
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Bankruptcy details |
|
|
Court action type |
no |
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Protested bills |
|
|
Bill amount |
- |
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NSSO details |
|
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Date of summons |
- |
|
Business number |
841857654 |
Company name |
JAFFAFRUIT PRODUCTS NV |
|
Fax number |
- |
Date founded |
14/12/2011 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
- |
|
Activity code |
47210 |
liable for VAT |
yes |
|
Activity description |
Retail sale of fruit and vegetables in specialised stores |
VAT Number |
BE.0841.857.654 |
|
Belgian Bullettin of Acts Publications |
|
|
Contractor details
|
Registered contractor number |
- |
|
Contractor description |
- |
|
Date struck off register |
|
Personnel limit NSSO
|
Code |
- |
|
Description |
FROM 1 TO 4 EMPLOYEES |
Joint Industrial
Committee (JIC)
There are no accounts on file for this company
Protested bills
|
Drawee name |
|
|
Address |
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Bill amount |
|
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Bill currency |
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Maturity of bill |
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Name of drawer |
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City of drawer |
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NSSO details
|
Business number |
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Name of defendant |
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Legal form of defendant |
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Date of summons |
|
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Labour court |
|
Bankruptcy details
|
There is no bankruptcy data against this company |
|
court data
|
there is no data for this company |
Minority
Shareholders
|
No minority shareholders found |
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Past payments |
|
Payment expectation days |
- |
|
Industry average payment expectation days |
44.29 |
Industry average day sales outstanding |
41.47 |
Suspension of
payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment
expectations
|
Payment expectation days |
- |
|
Day sales outstanding |
- |
Industry
comparison
|
Activity code |
47210 |
|
Activity description |
Retail sale of fruit and vegetables in specialised stores |
|
Industry average payment expectation days |
44.29 |
|
Industry average day sales outstanding |
41.47 |
Industry quartile
analysis
|
Payment expectations |
|
|
Company result |
- |
|
Lower |
55.12 |
|
Median |
15.88 |
|
Upper |
4.70 |
|
Day
sales outstanding |
|
|
Company result |
- |
|
Lower |
48.83 |
|
Median |
20.84 |
|
Upper |
6.86 |
Summary
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Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Group Structure
No group structure for this company.
No key Financials Registered
Na
Trends
|
|
- |
|
|
|
|
- |
|
|
|
|
- |
|
Industry
comparison
|
Activity code |
47210 |
|
Activity description |
Retail sale of fruit and vegetables in specialised stores |
Minority Interests
No minority interests found
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.34 |
|
UK Pound |
1 |
Rs.87.91 |
|
Euro |
1 |
Rs.70.57 |
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.