MIRA
INFORM REPORT
|
Report Date : |
03.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
HELION CHEMIE B.V. |
|
|
|
|
Registered Office : |
Dijkweg 159, 2675AD Honselersdijk |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
12.04.1966 |
|
|
|
|
Com. Reg. No.: |
27212937 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
·
Manufacturer
of dyes and pigments Manufacturer of paints,
varnishes and similar coatings, printing ink a mastics |
|
|
|
|
No. of Employees : |
35 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
TATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Netherlands ECONOMIC OVERVIEW
The Dutch
economy is the sixth-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 in 2011. In 2012
tax revenues dropped nearly 9%, GDP contracted, and the budget deficit
deteriorated. Although jobless claims continued to grow, the unemployment rate
remained relatively low at 6.8 percent.
Source : CIA
CONTACTINFORMATION
Company name Helion Chemie B.V.
Brand Name Ital color
Tradename Helion
Chemie B.V.
Address Dijkweg
159
2675AD
Honselersdijk
Netherlands
Mail address Postbus
43
2675ZG Honselersdijk
Netherlands
Telephone number 0174272233
Telefax number 0174272270
E-mail address sales@helion.nl
Website www.triade.nl
VAT number / RSIN 001912653
COMPANY INFORMATION
Handelsregisternummer 27212937
Registered in Chamber
of commerce Den Haag
Act of foundation 12-04-1966
Date of constitution 12-04-1966
Continuation date 30-11-1972
|
Last
change in statutes |
04-09-1991 |
|
Legal form |
Besloten Vennootschap (Private Company) |
|
Place of
constitution |
Honselersdijk |
|
Issued
capital |
35.394,86 |
|
Paid up
capital |
35.394,86 |
|
NACE-code |
Manufacture of paints (2430) |
|
SBI-code |
Manufacture of dyes and pigments (2012) |
|
|
Manufacture of paints, varnishes and similar coatings,
printing ink a mastics (203) |
|
|
Manufacture of paints, varnishes and similar coatings,
printing ink a mastics (2030) |
|
|
Wholesale of basic and industrial chemicals (46751) |
|
Formal
objective |
Het fabriceren van- en de handel in chemische produkten. (The manufacture of and trade in chemicals.) |
|
Employees |
Total: 35 |
|
|
|
Employees
according to CoC |
Chamber of commerce: 35 |
|
|
|
Bookyear |
2013 |
2012 |
2011 |
|
Number |
35 |
31 |
28 |
|
Change |
12,90% |
10,71% |
-41,67% |
COMPANY STRUCTURE
|
Shareholder |
Syncolor Beheer B.V. |
|
|
Dijkweg 159 |
|
|
2675AD HONSELERSDIJK |
|
|
Netherlands |
|
|
KvK: 27217262 |
|
|
Active since: 29-12-2006 |
|
|
Percentage: 100.00% |
|
|
|
|
Holding
company |
Syncolor Beheer B.V. |
|
|
Dijkweg 159 |
|
|
2675AD HONSELERSDIJK |
|
|
KvK: 27217262 |
|
|
|
|
Affiliated companies |
B.V. Chemische Factory Triade |
|
|
Dijkweg 159 |
|
|
2675AD Honselersdijk |
|
|
KvK: 27218293 |
Bank ABN Amro
Bank NV
Account number:
47.43.79.906
Real estate Lease
MANAGEMENT
Management Lida
Investments B.V.
Thorbeckelaan 102
2641XJ PIJNACKER
Netherlands
KvK: 27145310
Authorization: Fully authorized
Position: Manager
Date appointed: 01-01-2009
PAYMENT INFORMATION
Payment experiences Payments
are regular, no complaints are known
Payments Based
on multiple payment experiences up to € 15.000
· Quarter: 1 2013: 46 Average days
Quarter: 2
2013: 43 Average days
Quarter: 3
2013: 46 Average days
Quarter: 4
2013: 38 Average days
|
|
invoices |
current
quarter |
2013 Q3 |
2013 Q2 |
2013 Q1 |
|
|
Total |
75 |
100% |
49.690 |
52.184 |
51.182 |
52.447 |
|
Within
terms |
51 |
78,1% |
38.809 |
29.817 |
34.550 |
28.871 |
|
Delayed 0
- 30 |
23 |
21,9% |
10.881 |
22.367 |
15.717 |
23.576 |
|
Delayed 31
- 60 |
1 |
0,0% |
|
|
915 |
|
FINANCIAL INFORMATION
Auditor BDO
WALGEMOED
DEN HAAG
Publication financial statement Annual
accounts 2012 are published on 21-10-2013
Annual accounts 2011 are published on
11-02-2013
Annual accounts 2010 are published on
26-10-2011
Annual accounts 2009 are published on
21-12-2010
Annual accounts 2008 are published on
08-10-2009
Type of publication Corporate
Publication Steady
|
CORE FIGURES |
|
|
|
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
Quick
ratio |
1,57 |
1,65 |
1,50 |
|
Current
ratio |
1,57 |
1,65 |
1,50 |
|
Nett
workingcapital / Balance total |
0,31 |
0,32 |
0,25 |
|
Capital
and reserves / Balance total |
0,04 |
0,04 |
0,04 |
|
Capital
and reserves / Fixed assets |
0,25 |
0,22 |
0,15 |
|
Solvency |
0,07 |
0,09 |
0,08 |
|
Nett
workingcapital |
437.152 |
404.424 |
321.478 |
|
Capital
and reserves |
53.206 |
53.765 |
50.306 |
|
Change
capital and reserves |
-1,04% |
6,88% |
16,36% |
|
Change
short term liabilities |
24,73% |
-4,15% |
-4,78% |
Annual accounts The
company is obligated to publish its annual accounts
Last annual accounts 2012
Capital and reserves 2012
53.206
Total debt 2012
1.371.823
Current ratio 2012
1,57
Quick ratio 2012
1,57
Nett workingcapital 2012
437.152
Profitability Negative
Solvency Limited
Liquidity Positive
Current- &
Quickratio
Currency Euro
BALANCE SHEET
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
End of
bookyear |
31-12-2012 |
31-12-2011 |
31-12-2010 |
|
Tangible assets |
144.082 |
177.369 |
256.856 |
|
Financial assets |
71.972 |
71.972 |
71.972 |
|
Fixed assets |
216.054 |
249.341 |
328.828 |
|
|
|||
|
Accounts receivable |
1.171.277 |
975.297 |
888.814 |
|
Liquid assets |
37.698 |
47.916 |
78.216 |
|
Current assets |
1.208.975 |
1.023.213 |
967.030 |
|
Total assets |
1.425.029 |
1.272.554 |
1.295.858 |
|
|
|||
|
Capital and reserves |
53.206 |
53.765 |
50.306 |
|
Provisions |
600.000 |
600.000 |
600.000 |
|
Total short term debt |
771.823 |
618.789 |
645.552 |
|
Total debt |
1.371.823 |
1.218.789 |
1.245.552 |
|
Total Liabilities |
1.425.029 |
1.272.554 |
1.295.858 |
Company structure
Syncolor Beheer B.V. (27217262)
HONSELERSDIJK
Helion Chemie B.V.
(27212937)
Honselersdijk
Subsidiary
B.V. Chemische
Factory Triade (27218293)
Honselersdijk
Subsidiary
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.23 |
|
UK Pound |
1 |
Rs.102.14 |
|
Euro |
1 |
Rs.84.64 |
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.