MIRA INFORM REPORT

Report Date :

13.12.2013

IDENTIFICATION DETAILS

Name :	KLB GROUP K CONSULTING K BUY KLB GROUP
Registered Office :	2-4, 2 Rue Paul Cezanne, 93360 Neuilly Plaisance
Country :	France
Financials (as on) :	31.12.2004
Date of Incorporation :	November, 1995
Com. Reg. No.:	RCS Bobigny 0 402 994 438
Legal Form :	Simplified joint stock company
Line of Business :	Council for Business and other management consultancy activities
No. of Employees :	100 to 199 employees

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	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 – March, 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
France	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

france - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.8% of GDP in 2012, while France's public debt rose from 68% of GDP to 90% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

company summary

		EUR VAT Number	FR61402994438
Activity (APE)	Council for Business and other management consultancy activities (7022Z)	Legal form	Simplified joint stock company
Phone	01 43 09 64 63	RCS Registration	RCS Bobigny 0 402 994 438
Fax		Share capital	53,290 Euros
Address	KLB GROUP K CONSULTING K BUY KLB GROUP 2-4 2 RUE PAUL CEZANNE 93360 NEUILLY PLAISANCE	Incorporated Date	11/1995
Nationality	France	Status	Economically active

Trading to Date	12/31/2004	12/31/2003
Turnover	17,852,820 €	15,019,967 €
Gross Operating Surplus	2,97 % Turnover	-0,17 % Turnover
Shareholders’ equity	948,327 €	724,115 €
Net result	224,213 €	-96,852 €
Employees	100 to 199 employees	-

Company details

Activity (APE)	Council for Business and other management consultancy activities (7022Z)
RCS Registration	RCS Bobigny 0 402 994 438	Share capital	53,290 Euros
Registration Court	Bobigny (93)	Legal form	Simplified joint stock company
Court Registry Number	20 0 1B00609	EUR VAT Number	FR61402994438
Incorporation Date	11/1995	Formation Date	11/1995
Deregistration Date		Last account Date	31/12/2004
Nationality	France

Establishment details

Activity (APE)	Council for Business and other management consultancy activities (7022Z)	Business Pages FT®
Postal Address	KLB GROUP K CONSULTING K BUY KLB GROUP 2-4 2 RUE PAUL CEZANNE 93360 NEUILLY PLAISANCE	Trading Address	2 RUE PAUL CEZANNE 93360 NEUILLY PLAISANCE
Telephone	01 43 09 64 63
Fax

Type	Head office	Status	Economically active
Formation Date	12/2000	Reason for formation	Other
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Seine-Saint-Denis (93)	Region	Ile-de-France
District	2	Area	18
City	NEUILLY PLAISANCE	Size of urban area	Paris conglomeration

Other establishments

Branches	1 branch entities in this company
Head office	> KLB GROUP <<<  - Conseil pour les affaires et autres conseils de gestion (7022Z)  in NEUILLY PLAISANCE  (93360)
Secondary establishments	>  KLB GROUP  - Conseil pour les affaires et autres conseils de gestion (7022Z)  in CONFLANS SAINTE HONORINE  (78700)

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

100 to 199 employees

Company workforce

100 to 199 employees

DIRECTORS/MANAGEMENT

Current Directors

2

directors

Name	M. LE BRETON JEAN-MARC, DIDIER, CHARLES
Manager position	Managing director	Date of birth	03/10/1969
Place of birth	PARIS
Type	Individual	Name at birth

Name	M. KULAWIK FLAVIEN
Manager position	President	Date of birth	13/05/1970
Place of birth	LE BLANC MESNIL
Type	Individual	Name at birth

Previous Directors

No data about previous directors is available for this company

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

   Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Summary of preferential rights

Company monitored since	13/03/2008
Status of Monitoring	No social security and tax office preferential right to date

Social security, pension funds preferential rights

Number of preferential rights	0
Total amount	-
Due remaining amount	-
Date of last preferential right	-

SHARE & SHARE CAPITAL INFORMATION

Shareholders

No Shareholders available for this company

Share capital

53,290 Euros

PAYMENT INFORMATION

Payment Information Summary - Trade Payment Data

Payment Information Summary - Trade Payment Data
Total number of Invoices available	2
Total number of Invoices paid within or up to 30 days after the due date	0
Total number of Invoices paid more than 30 days after the due date	2
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

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data

Group Structure

No group information available for the company

FINANCIAL INFORMATION

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2004	31/12/2003
Account period (month)	12	12
Account Type	Normal	Normal
Date of capture	-	-
Activity Code	7022Z	7022Z
Employees	0	0	-

Active account

Annual Accounts	31/12/2004		31/12/2003	Sector Median 2004
Capital not called	0	0%	0	0	0%
Total fixed assets	399 247	-7,2%	430 114	6 969	5628,9%
- Intangible assets	222 415	-7,6%	240 586	0	0%
- Tangible assets	58 984	-18,5%	72 398	2 346	2414,2%
- Financial assets	117 849	0,6%	117 130	219	53712,3%
Net current assets	14 981 477	20,4%	12 442 246	70 603	21119,3%
- Stocks	0	0%	0	0	0%
- Advanced payments	1 110 229	20,4%	443 248	0	0%
- Receivables	12 905 760	21,8%	10 597 434	29 898	43066,0%
- Securities and cash	965 489	-31,1%	1 401 564	19 350	4889,6%
- Prepaid expenses	-	-	-	0	-
Accounts of regularization	43 107	133,7%	18 445	0	0%
Total Assets	15 423 832	19,6%	12 890 805	97 578	15706,7%

Passive Account

Annual Accounts	31/12/2004		31/12/2003	Sector Median 2004
Shareholders' equity	948 327	31,0%	724 115	33 395	2739,7%
Share capital	53 250	0%	53 250	8 000	565,6%
Other capital resources	0	0%	0	0	0%
Risk Provisions	58 107	-29,2%	82 059	0	0%
Liabilities	14 417 398	19,3%	12 081 853	50 255	28588,5%
- Financial liabilities	45 271	-56,1%	103 239	2 157	1998,8%
- Advanced payments received	830 243	292,5%	211 543	0	0%
- Trade account payables	11 279 233	10,5%	10 203 360	4 873	231363,8%
- Tax and social liabilities	1 201 202	8,1%	1 111 333	21 140	5582,1%
- Other debts and fixed assets liabilities	1 061 448	133,2%	455 155	1 981	53481,4%
Account regularization	0	0%	0	0	0%
Total liabilities	15 423 832	19,6%	12 890 805	97 573	15707,5%

Results

Annual Accounts	31/12/2004		31/12/2003	Sector Median 2004
Sales of Goods	17 863 790	18,3%	15 097 843	111 763	15883,6%
Net turnover	17 852 820	18,9%	15 019 967	107 760	16467,2%
- of which net export turnover	672 852	-20,8%	850 065	0	0%
Operating charges	17 469 513	14,8%	15 222 751	95 266	18237,6%
Operating profit/loss	394 277	415,7%	-124 907	6 375	6084,7%
Financial income	81 921	81,3%	45 190	0	0%
Financial charges	112 975	86,8%	60 466	81	139375,3%
Financial profit/loss	-31 054	-103,3%	-15 276	0	0%
Pretax net operating income	363 223	359,1%	-140 183	7 421	4794,5%
Extraordinary income	67 094	-42,3%	116 375	0	0%
Extraordinary charges	190 854	161,3%	73 044	01	19085300%
Extraordinary profit/loss	-123 760	-385,6%	43 331	0	0%
Net result	224 213	331,5%	-96 852	6 228	3500,1%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2004	31/12/2003
Months	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2004		31/12/2003
	Grand Total (I to VI)	Net	15 423 832	19,6%	12 890 805
	Gross	CO	16 618 491	19,1%	13 950 684
	Amortisation	1A	1 194 659	12,7%	1 059 879

Non declared distributed capital (I)

		31/12/2004		31/12/2003
Non declared distributed capital (I)	AA3	0	0%	0
Gross	AA	-	-	-

Active fixed asset (II)

			31/12/2004		31/12/2003
	Total Active fixed asset (II)	Net	399 247	-7,2%	430 114
	Gross	BJ	1 365 418	8,0%	1 264 201
	Amortisation	BK	966 171	15,8%	834 088

Intangilble fixed assets

			31/12/2004		31/12/2003
	Start-up cost	Net	0	0%	0
	Gross	AB	0	0%	0
	Amortisation	AC	0	0%	0
	R & D expenses	Net	0	0%	0
	Gross	CX	0	0%	0
	Amortisation	AE	0	0%	0
	Distributorships, patents	Net	1 403	-98,3%	80 286
	Gross	AF	301 198	0%	301 198
	Amortisation	AG	299 795	35,7%	220 912
	Goodwill	Net	221 012	37,9%	160 300
	Gross	AH	221 012	37,9%	160 300
	Amortisation	AI	0	0%	0
	Other intangible fixed assets	Net	0	0%	0
	Gross	AJ	0	0%	0
	Amortisation	AK	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0
	Gross	AL	0	0%	0
	Amortisation	AM	0	0%	0
Sub Total Intangible Assets		Net	222 415	-7,6%	240 586

Tangilble fixed assets

			31/12/2004		31/12/2003
	Lands	Net	0	0%	0
	Gross	AN	0	0%	0
	Amortisation	AO	0	0%	0
	Buildings	Net	0	0%	0
	Gross	AP	0	0%	0
	Amortisation	AQ	0	0%	0
	Plant	Net	0	0%	331
	Gross	AR	1 220	0%	1 220
	Amortisation	AS	1 220	37,2%	889
	Other tangible fixed assets	Net	58 984	-18,2%	72 067
	Gross	AT	346 063	13,0%	306 277
	Amortisation	AU	287 079	22,6%	234 210
	Fixed assets in construction	Net	0	0%	0
	Gross	AV	0	0%	0
	Amortisation	AW	0	0%	0
	Advances and payments on account	Net	0	0%	0
	Gross	AX	0	0%	0
	Amortisation	AY	0	0%	0
	Sub Total Tangible asset	Net	58 984		72 398

Financial assets

			31/12/2004		31/12/2003
	Associates at equity	Net	0	0%	0
	Gross	CS	0	0%	0
	Amortisation	CT	0	0%	0
	Other participations	Net	32 014	0%	32 014
	Gross	CU	32 014	0%	32 014
	Amortisation	CV	0	0%	0
	Inter-company receivables	Net	66 387	0%	66 387
	Gross	BB	444 464	0%	444 464
	Amortisation	BC	378 077	0%	378 077
	Other investment securities	Net	0	0%	0
	Gross	BD	0	0%	0
	Amortisation	BE	0	0%	0
	Loans	Net	0	0%	0
	Gross	BF	0	0%	0
	Amortisation	BG	0		0
	Other financial assets	Net	19 448	3,8%	18 729
	Gross	BH	19 448	3,8%	18 729
	Amortisation	BI	0	0%	0
	Sub Total Financial Assets		117 849		117 130

Current Assets (III)

			31/12/2004		31/12/2003
	Total Assets	Net	14 981 477	20,4%	12 442 246
	Gross	CJ	15 209 966	20,1%	12 668 038
	Amortisation	CK	228 488	1,2%	225 792

Stocks

			31/12/2004		31/12/2003
	Raw materials	Net	0	0%	0
	Gross	BL	0	0%	0
	Amortisation	BM	0	0%	0
	Work in progress (goods)	Net	0	0%	0
	Gross	BN	0	0%	0
	Amortisation	BO	0	0%	0
	Work in progress (services)	Net	0	0%	0
	Gross	BP	0	0%	0
	Amortisation	BQ	0	0%	0
	Semi-finished and finished products	Net	0	0%	0
	Gross	BR	0	0%	0
	Amortisation	BS	0	0%	0
	Goods for resale	Net	0	0%	0
	Gross	BT	0	0%	0
	Amortisation	BU	0	0%	0
	Sub Total Stocks	Net	0	0%	0

Advance payments to suppliers

			31/12/2004		31/12/2003
	Advance payments to suppliers	Net	1 110 229	150,5%	443 248
	Gross	BV	1 110 229	150,5%	443 248
	Amortisation	BW	0	0%	0

Debtors

			31/12/2004		31/12/2003
	Trade accounts receivable	Net	9 366 225	34,3%	6 975 884
	Gross	BX	9 594 713	33,2%	7 201 676
	Amortisation	BY	228 488	1,2%	225 792
	Other debtors	Net	3 033 916	-11,9%	3 442 681
	Gross	BZ	3 033 916	-11,9%	3 442 681
	Amortisation	CA	0	0%	0
	Capital subscribed and called up	Net	0	0%	0
	Gross	CB	0	0%	0
	Amortisation	CC	0	0%	0
	Sub Total Debtors	Net	12 400 141	19,0%	10 418 565

Divers

			31/12/2004		31/12/2003
	Investment securities	Net	81 968	-8,7%	89 749
	Gross	CD	81 968	-8,7%	89 749
	Amortisation	CE	0	0%	0
	Cash and cash equivalents	Net	883 521	-32,6%	1 311 815
	Gross	CF	883 521	-32,6%	1 311 815
	Amortisation	CG	0	0%	0
	Sub Total Divers	Net	965 489	-31,1%	1 401 564

Prepaid expenses

			31/12/2004		31/12/2003
	Prepaid expenses	Net	505 619	182,7%	178 869
	Gross	CH	505 619	182,7%	178 869
	Amortisation	CI	0	0%	0

Equalization accounts (IV to VI)

		31/12/2004		31/12/2003
Multi-period charges	CW3	0	0%	0
Gross		-	-	-
Premiums on redemption of bonds	CM3	0	0%	0
Gross		-	-	-
Currency differential gain	CN3	43 107	133,7%	18 445
Gross		-	-	-

References

		31/12/2004		31/12/2003
Due within one year	CP	0	0%	0
Due after one year	CR	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2004		31/12/2003
Grand Total (I to V)	EE	15 423 832	19,6%	12 890 805

Shareholder Equity (I)

			31/12/2004		31/12/2003
	Total shareholders' equity (Total I)	DL	948 327	31,0%	724 115
	Equity and shareholders' equity	DA	53 250	0%	53 250
	Issue and merger premiums	DB	2 282 488	0,0%	2 282 486
	Revaluation differentials	DC	0	0%	0
	Of which equity differential	EK	0	0%	0
	Legal reserve	DD	5 325	0%	5 325
	Statutory or contractual reserve	DE	0	0%	0
	Special regulated reserves	DF	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0
	Other reserves	DG	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%
	Profits or losses brought forward	DH	-1 616 946	-6,4%	-1 520 095
	Profit or loss for the period	DI	224 212	331,5%	-96 852
	Investment grants	DJ	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0

Other capital resources (II)

			31/12/2004		31/12/2003
	Total other capital resources (Total II)	DO	0	0%	0
	Income from participating securities	DM	0	0%	0
	Conditional loans	DN	0	0%	0

Provisions for risks and charges (III)

			31/12/2004		31/12/2003
	Total provisions for risks and charges (Total III)	DR	58 107	-29,2%	82 059
	Risk provisions	DP	43 107	27,9%	33 694
	Reserves for charges	DQ	15 000	-69,0%	48 365

Liabilities (IV)

			31/12/2004		31/12/2003
	Total Liabilities (Total IV)	EC	14 417 398	19,3%	12 081 853
	Convertible debentures	DS	0	0%	0
	Other debentures	DT	0	0%	0
	Bank loans and liabilities	DU	29	0%	0
	Sundry loans and financial liabilities	DV	45 242	-56,2%	103 239
	Of which participating loans	EI	0	0%	0
	Advance payments received for current orders	DW	830 243	292,5%	211 543
	Trade accounts payables	DX	11 279 233	10,5%	10 203 360
	Tax and social security liabilities	DY	1 201 202	8,1%	1 111 333
	Fixed asset liabilities	DZ	0	0%	0
	Other debts	EA	1 061 448	134,6%	452 377

Translation loss (V)

		31/12/2004		31/12/2003
Translation loss (Total V)	ED	0	0%	2 778

Equalization accounts

		31/12/2004		31/12/2003
Deferred income	EB	0	0%	0

References

		31/12/2004		31/12/2003
Of which tax-allowable reserve	EF	0	0%	0
Deferred income and liabilities	EG	0	0%	0
Of which current bank facilities	EH	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2004		31/12/2003
Operating result (Total I-II)	GG	394 277	415,7%	-124 907

2 - Financial result (V - VI)

		31/12/2004		31/12/2003
Financial result (Total V-VI)	GV	-31 054	-103,3%	-15 276

3 - Pre-tax net operating income result (I - VI)

		31/12/2004		31/12/2003
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	363 223	359,1%	-140 183

4 - Extraordinary result (VII-VIII)

		31/12/2004		31/12/2003
Extraordinary result (Total VII-VIII)	HI	-123 760	-385,6%	43 331

Profit or loss

		31/12/2004		31/12/2003
Profit or loss	HN	224 213	331,5%	-96 852

Total Income (I+III+V+VII)

		31/12/2004		31/12/2003
Total Income (I+III+V+VII)	HL	18 012 805	18,0%	15 259 408

Total charges (Total II+IV+VI+VIII+IX+X)

		31/12/2004		31/12/2003
Total charges (Total II+IV+VI+VIII+IX+X)	HM	17 788 591	15,8%	15 356 260

Operating income (I)

		31/12/2004		31/12/2003
Total operating income (Total I)	FR	17 863 790	18,3%	15 097 843

Operating income (details)

			31/12/2004		31/12/2003
	Sale of goods for resale	FC	13 561 543	19,6%	11 341 609
	France	FA	12 888 691	22,8%	10 491 544
	Export	FB	672 852	-20,8%	850 065
	Sale of goods produced	FF	0	0%	0
	France	FD	0	0%	0
	Export	FE	0	0%	0
	Sale of services	FI	4 291 277	16,7%	3 678 358
	France	FG	4 291 277	16,7%	3 678 358
	Export	FH	0	0%	0
	Net turnover	FL	17 852 820	18,9%	15 019 967
	France	FJ	17 179 968	21,2%	14 169 902
	Export	FK	672 852	-20,8%	850 065
	Stocked production	FM	0	0%	0
	Self-constructed assets	FN	0	0%	0
	Operating grants	FO	10 650	0%	0
	Release of reserves and provisions	FP	0	0%	77 675
	Other income	FQ	320	59,2%	201

Operating charges (II)

		31/12/2004		31/12/2003
Total operating charges (Total II)	GF	17 469 513	14,8%	15 222 751

Exploitation charges

		31/12/2004		31/12/2003
Purchase of goods for resale	FS	11 943 151	18,7%	10 058 028
Change in stocks of goods for resale	FT	0	0%	0
Purchase of raw materials	FU	0	0%	0
Change in stocks of raw materials	FV	0	0%	0
Other external purchases and charges	FW	1 341 508	20,7%	1 111 674
Tax, duty and similar payments	FX	239 738	65,5%	144 890
Payroll	FY	2 644 860	1,7%	2 599 386
Social security costs	FZ	1 164 813	2,9%	1 131 910

Depreciation

		31/12/2004		31/12/2003
Depreciation of fixed assets	GA	132 083	-22,5%	170 416
Amortisation of fixed assets	GB	0	0%	0
Depreciation/amortisation of current assets	GC	2 696	0%	0
Provisions for risks and charges	GD	0	0%	0

Other charges

		31/12/2004		31/12/2003
Other charges	GE	663	-89,7%	6 445

Operating charges (III-IV)

		31/12/2004		31/12/2003
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0

Financial income (V)

			31/12/2004		31/12/2003
	Total financial income (Total V)	GP	81 921	81,3%	45 190
	Share financial income	GJ	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0
	Other interest and similar income	GL	18 915	732,9%	2 271
	Released provisions and transferred charges	GM	18 443	163,5%	7 000
	Exchange gains	GN	44 563	71,7%	25 957
	Net income from disposal of investment securities	GO	0	0%	9 962

Financial Charge (VI)

			31/12/2004		31/12/2003
	Total financial charge (Total VI)	GU	112 975	86,8%	60 466
	Financial reserves and provisions	GQ	43 107	133,7%	18 443
	Interest and similar charges	GR	533	-77,7%	2 386
	Exchange losses	GS	61 531	55,2%	39 637
	Net loss from disposal of investment securities	GT	7 804	0%	0

Extraordinary income (VII)

			31/12/2004		31/12/2003
	Total extraordinary income (Total VII)	HD	67 094	-42,3%	116 375
	Extraordinary operating income	HA	3 478	-86,8%	26 375
	Extraordinary income from capital transactions	HB	0	0%	0
	Released provisions and transferred charges	HC	63 616	-29,3%	90 000

Extraordinary charges (VIII)

			31/12/2004		31/12/2003
	Total extraordinary charges (Total VIII)	HH	190 854	161,3%	73 044
	Extraordinary operating charges	HE	175 413	3642,5%	4 687
	Extraordinary charges from capital transactions	HF	441	-90,7%	4 742
	Extraordinary reserves and provisions	HG	15 000	-76,4%	63 616

Employee profit sharing (IX)

		31/12/2004		31/12/2003
Employee profit sharing (Total IX)	HJ	0	0%	0

Tax on profits (X)

		31/12/2004		31/12/2003
Tax on profits (Total X)	HK	15 251	0%	0

References

		31/12/2004		31/12/2003
Of which equipment leases	HP	0	0%	0
Of which property leases	HQ	0	0%	0
Of which transferred charges	A1	0	0%	0
Of which trader's own contributions	A2	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomes tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2004		31/12/2003
	Gross value at begin of period	OG	0	0%	0
	Increasess due to revaluation	OH	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0
	Decreasess by transfers	OK2	0	0%	0
	Gross value at the end of period	OL	0	0%	0

Research and development Charge (Total I)

			31/12/2004		31/12/2003
	Gross value at begin of period	CZ	0	0%	0
	Increasess due to revaluation	KB	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0
	Decreasess by transfers	C02	0	0%	0
	Gross value at the end of period	D0	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2004		31/12/2003
	Gross value at begin of period	KD	0	0%	0
	Increasess due to revaluation	KE	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0
	Decreasess by transfers	LV2	0	0%	0
	Gross value at the end of period	LW	0	0%	0

Tangible fixed assets (Total III)

			31/12/2004		31/12/2003
	Gross value at begin of period	LN	0	0%	0
	Increasess due to revaluation	LO	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0
	Decreasess by transfers	NG2	0	0%	0
	Gross value at the end of period	NH	0	0%	0

Fiancial assets (Total IV)

			31/12/2004		31/12/2003
	Gross value at begin of period	LQ	0	0%	0
	Increasess due to revaluation	LR	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0
	Gross value at the end of period	NK	0	0%	0

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2004		31/12/2003
	Reserve for depreciation value at begin of period	0N	0	0%	0
Increases		0P	0	0%	0
Decreasess		0Q	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0

Research and development charge (Total I)

			31/12/2004		31/12/2003
	Reserve for depreciation value at begin of period	CY	0	0%	0
Increases		PB	0	0%	0
Decreasess		PC	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0

Other intangible assets (Total II)

			31/12/2004		31/12/2003
	Reserve for depreciation value at begin of period	PE	0	0%	0
Increases		PF	0	0%	0
Decreasess		PG	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2004		31/12/2003
	Reserve for depreciation value at begin of period	QU	0	0%	0
Increases		QV	0	0%	0
Decreases		QW	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2004		31/12/2003
	Gross value at begin of period	Z91	0	0%	0
Increases		Z92	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0

Premium refund of obligations

			31/12/2004		31/12/2003
	Net value at begining of period	SP1	0	0%	0
Increases		SP2	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0
	Net value at the end of period	SR	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2004		31/12/2003
	Value at begining of period	7C	0	0%	0
Increases		UB	0	0%	0
Decreases		UC	0	0%	0
	Value at the end of period	UD	0	0%	0

Includes Total allocations

Operating	UE	0	0%	0
Financial	UG	0	0%	0
Exceptional	UJ	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	0
Financial	UH	0	0%	0
Exceptional	UK	0	0%	0

Total regulated provisions (Total I)

			31/12/2004		31/12/2003
	Value at begining of period	3Z	0	0%	0
Increases		TS	0	0%	0
Decreases		TT	0	0%	0
	Value at the end of period	TU	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2004		31/12/2003
	Value at begining of period	5Z	0	0%	0
Increases		TV	0	0%	0
Decreases		TW	0	0%	0
	Value at the end of period	TX	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2004		31/12/2003
	Value at begining of period	7B	0	0%	0
Increases		TY	0	0%	0
Decreases		TZ	0	0%	0
	Value at the end of period	UA	0	0%	0

State deadlines claims and debts at the end of period
State claims

		31/12/2004		31/12/2003
Gross value	VT	0	0%	0
1 year at most	VU	0	0%	0
More than one year	VV	0	0%	0

State of loans

		31/12/2004		31/12/2003
Claims related to holdings (gross)	UL	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0
Loans (gross)	UP	0	0%	0
Loans (1 year at most)	UR	0	0%	0
Other financial assets (gross)	UT	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0

Receivables statement of assets

		31/12/2004		31/12/2003
Customers doubtful or disputed	VA	0	0%	0
Other claims customer	UX	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0
Personnel and associated accounts	UY	0	0%	0
Social Security and other social organizations	UZ	0	0%	0
Income taxes	VM	0	0%	0
Value added tax	VB	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0
Group and Associates	VC	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0

Prepaid

		31/12/2004		31/12/2003
Prepaid	VS	0	0%	0

State Debt

			31/12/2004		31/12/2003
	Total debt (gross)	VY	0	0%	0
1 year at most		VZ2	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0
More than 5 years		VZ4	0	0%	0

Details

			31/12/2004		31/12/2003
	Convertible bonds (gross)	7Y1	0	0%	0
1 year at most		7Y2	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0
1 year at most		7Z2	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0
1 year at most		VG2	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0
1 year at most		VH2	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0
1 year at most		8A2	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	0
1 year at most		8B2	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	0
1 year at most		8C2	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	0
1 year at most		8D2	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0
1 year at most		8E2	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0
	VAT (gross)	VW1	0	0%	0
1 year at most		VW2	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0
1 year at most		VX2	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	0
1 year at most		VQ2	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0
1 year at most		8J2	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0
More than 5 years		8J4	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0
1 year at most		VI2	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0
More 5 years		VI4	0	0%	0
	Other liabilities (gross)	8K1	0	0%	0
1 year at most		8K2	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0
1 year at most		SZ2	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0
	Products in advance (gross)	8L1	0	0%	0
1 year at most		8L2	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0

References

		31/12/2004		31/12/2003
Loans made during the period	VJ	0	0%	0
Debt repaid during the period	VK	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2004		31/12/2003
Dividends	ZE	0	0%	0

Commitments

		31/12/2004		31/12/2003
Commitments leasing furniture	YQ	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0

Other charges Externes

		31/12/2004		31/12/2003
Subcontracting	YT	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0
Staff outside the company	YU	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0
Other accounts	ST	0	0%	0
Total Other purchases and external	ZJ	0	0%	0

Taxes and Fees

		31/12/2004		31/12/2003
Business tax	YW	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0
Total taxes and fees	YX	0	0%	0

VAT

		31/12/2004		31/12/2003
Amount VAT collected	YY	0	0%	0
Total VAT on goods and services	YZ	0	0%	0

Average number of employees

		31/12/2004		31/12/2003
Average number of employees	YP	0	0%	0

Groups and Shareholders

		31/12/2004		31/12/2003
Groups and Shareholders	ZR	-	-	-

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

		31/12/2004		31/12/2003	Sector Median 2004
Fixed Asset Financing		1,48	7,2%	1,38	2,44	-39,3%
Global Debt		291 days	0,3%	290 days	134 days	117,2%
Working Capital Fund overall net		13 days	18,2%	11 days	86 days	-84,9%
Financial independence		3270093,10%	-	%	604,45%	540903,1%
More ratios
Solvability		6,15%	9,4%	5,62%	42,58%	-85,6%
Capacity debt futures		%	-	%	1058,80%	-
Coverage of current assets by net working capital overall		4,41%	15,7%	3,81%	45,45%	-90,3%
General Liquidity			-		0,75	-
Restricted Liquidity			-		1,20	-

Management or rotation

		31/12/2004		31/12/2003	Sector Median 2004
Need background in operating working capital		-17 days	37,0%	-27 days	-2 days	-750,0%
Treasury		19 days	-44,1%	34 days	16 days	18,8%
Inventory turnover of goods		0 days	0%	0 days	0 days	0%
Average length of credit granted to customers		193 days	11,6%	173 days	66 days	192,4%
Average length of credit obtained suppliers		306 days	-7,0%	329 days	47 days	551,1%
More ratios
Inventory turnover of raw materials in industrial enterprises		0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	1027 days	-
Rotation tangible assets		%	-	%	1031,15%	-

Profitability of the business

		31/12/2004		31/12/2003	Sector Median 2004
Margin trading		9,07%	6,1%	8,55%	0%	0%
Profitability of the business		2,97	1847,1%	-0,17	8,94%	-66,8%
Net profit		1,26%	296,9%	-0,64%	5,38%	-76,6%
More ratios
Growth rate of turnover (excluding VAT)		18,86%	-	%	0,53%	3458,5%
Rates integration		25,59%	-0,2%	25,63%	57,48%	-55,5%
Rate leasing furniture		0%	0%	0%	0%	0%
Work Factor		83,40%	-13,9%	96,91%	62,47%	33,5%
Weight interests		0,63	57,5%	0,40%	0,06%	950,0%

Return on capital

		31/12/2004		31/12/2003	Sector Median 2004
Cash flow from the overall profitability		2,32%	116,8%	1,07%	8,09%	-71,3%
Rates of economic profitability		53%	1866,7%	-3%	21,55%	145,9%
Financial profitability		948327%	31,0%	724115%	14672%	6363,5%
Return on investment		33,94%	871,4%	-4,40%	16,11%	110,7%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2004		31/12/2003	Sector Median 2004
Turnover	17 852 820	18,9%	15 019 967	107 746 €	16469,4%

Sales of goods	13 561 543	19,6%	11 341 609
- Purchase of goods	11 943 151	18,7%	10 058 028
+/- Stock of goods variation	0	0%	0
Trading margin	1 618 392 €	26,1%	1 283 581 €	0 €	0%
	9,07 % CA	6,1%	8,55 % CA	0 % CA	0%

Sale of goods produced	4 291 277	16,7%	3 678 358
+/- Stocked production	0	0%	0
+ Self-constructed assets	0	0%	0
Period produ tion	4 291 277 €	16,7%	3 678 358 €	99 645 €	4206,6%
	24, 4 % CA	-1,8%	24,49 % CA	100 % CA	-76,0%

Trading margin	1 618 392	26,1%	1 283 581	0	0%
+ Period Production	4 291 277	16,7%	3 678 358	99 645	4206,6%
- Purch se of raw materials	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0
- Other external purchases and charges	1 341 508	20,7%	1 111 674
Added value	4 568 161 €	18,6%	3 850 265 €	56 095,50 €	8043,5%
	25,59 % CA	-0,2%	25,63 % CA	57,45 % CA	-55,5%

Added value	4 568 161 €	18,6%	3 850 265 €	56 095,50 €	8043,5%
+ Operating grants	10 650	0%	0
- Tax, duty and simi ar payments	239 738	65,5%	144 890
- Personal charges	3 809 673	2,1%	3 731 296
Gross operating surplus	529 400 €	2142,4%	-25 921 €	8 860 €	5875,2%
	2,97 % CA	1847,1%	-0,17 % CA	8,91 % CA	-66,7%

Gross operatin surplus	529 400 €	2142,4%	-25 921 €	8 860 €	5875,2%
+ elease of reserves and provisions	0	0%	77 675
+ Other operating income	320	59,2%	201
- Depreciation/Amortisation	134 779	-20,9%	170 416
- Other charg s	663	-89,7%	6 445
Operating result	394 278 €	415,7	-124 906 €	6 340,50 €	6118,4%
	2,21 % CA	366,3%	-0,83 % CA	6,19 % CA	-64,3%

Operating result	394 278 €	415,7%	-124 906 €	6 340,50 €	6118,4%
+/- Result of jo nt-venture transferred from/to other partners	0	0%	0
Financial income	81 921	81,3%	45 190
- Financial charges	112 975	86,8%	60 466
Pre-tax result	363 224 €	359,1%	-140 182 €	7 345,50 €	4844,9%
	2,03 % CA	318,3%	-0,93 % CA	6,51 % CA	-68,8%

Extraordinary income	67 094	-42,3%	116 375	0	0%
- Extraordinary charges	190 854	161,3%	73 044
Extraordinary result	-123 760 €	-385,6%	43 331 €	0 €	0%
	-0,69 % CA	-337,9%	0, 9 % CA	0 % CA	0%

Pre-tax result	363 224 €	359,1%	-140 182 €	7 345,50 €	4844,9%
Extraordinary result	-123 760 €	-385,6%	43 331 €	0 €	0%
- Employee profit sharing	0	0%	0
- Tax on profits	15 251	0%	0
N t result	224 213 €	331,5%	-96 851 €	6 119,50 €	3563,9%
	1,26 % CA	296,9%	-0,64 % CA	5,34 % CA	-76,4%

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

No social security and tax office preferential right to date

Trends

Profitability

Liquidity

Net worth

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

	The stock to turnover ratio is 0
	Industry code with low risk rating
	Department code with low risk rating
	The company has 2 director(s)
	The risk provisions are 58,107 €
	The total assets are 15,423,832 €
	The liabilities are 14,417,398 €
	The net current assets are 14,981,477 €
	The net turnover is 17,852,820 €
	The pre-tax profit is 239,464 €
	The return on total assets employed is 1,55
	The deviation in the gearing percentage over the last two accounting periods is 42.60 %
	High risk workforce size
	The shareholder's equity is 948,327 €
	The ratio total assets to total liabilities is 1,07
	The sales to current assets ratio is 1,19
	The creditor days are 230.60
	The deviation of tangible fixed assets over the last two accounting periods is 81.47 %

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

30907840

03/11/2009

10/12/2009

URSSAF-DDR DE PARIS SUD-RECOURS JUDICIAIRE

62 507 EUR

-

Reason for closure	Crossed Off
Court	Bobigny
Creditor	URSSAF-DDR DE PARIS SUD-RECOURS JUDICIAIRE TSA 80028 93517, MONTREUIL CEDEX
Debtor	K BUY 2/4 RUE PAUL CEZANNE 93360 NEUILLY PLAISANCE

Linkages

Linkages

Company Name	Safe Number	SIREN	Last account	Rating	Limit	Turnover
KLB GROUP LIMITED	UK03610926	03958188	31/12/2012	87	13 000 £	-

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
28/02/2012	Bodacc B	Modification et mutation diverse
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 2326 - 402 994 438 RCS Bobigny. KLB GROUP. Forme : Société par actions simplifiée. Capital : 53290.80 EUR. Activité : . Commentaires : Modification du capital.
07/02/2012	JAL	Modification of the share capital
Affiches parisiennes (Les) Date de décision : 14/11/2011 La société : 402994438 - KLB GROUP, 2 RUE PAUL CEZANNE, 2-4, 93360 NEUILLY PLAISANCE a subi une augmentation de son capital social désormais de 53 291 € Date d'effet : 14/11/2011
09/08/2011	Bodacc B	Modification et mutation diverse
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 2257 - 402 994 438 RCS Bobigny. KLB GROUP. Forme : Société par actions simplifiée. Activité : . Commentaires : Modification de la forme juridique.
07/05/2009	Bodacc A	Vente et cession : Vendeur
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 1699 - 512 078 411 RCS Bobigny. KL2B. Forme : Société par actions simplifiée. Administration : Président : LE BRETON Jean Marc Didier. Directeur général : BALASTEGUI CUTILLAS Manuel. Commissaire aux comptes titulaire : BEJANIN - DERMAGNE - MAEKAWA ASSOCIES. Commissaire aux comptes suppléant : BEJANIN Hugues. Capital : 70000 EUR. Adresse : 2-4 rue Paul Cézanne, 93360 Neuilly-Plaisance. Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : en France et dans tous les pays, prestation de service, conseil et achat revente de biens et services. Adresse : 2-4 rue Paul Cézanne, 93360 Neuilly Plaisance. Précédent propriétaire : KLB GROUP. 402 994 438 RCS Bobigny. Date de commencement de l’activité : 01/04/2009. Publication légale : Le publicateur legal du 24/04/2009. Oppositions : Au fonds vendu pour la validité et pour la correspondance au fonds 2/4 rue PAUL CEZANNE 93360 NEUILLY PLAISANCE. Descriptif : Fonds acquis par achat au prix stipulé de 230000 Euros. Commentaires : Achat d'un établissement principal par une personne morale lors de l'immatriculation.
31/10/2008	Bodacc B	Modification et mutation diverse
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 1793 - 402 994 438 RCS Bobigny. KLB GROUP. Forme : Société anonyme. Enseigne : KLB GROUP / K BUY / K CONSULTING. Commentaires : Modification du nom, nom d'usage, prénom ou de la dénomination. Modification du nom commercial.
23/09/2007	Bodacc B	Modifications et mutations diverses
1675 - RCS Bobigny B 402 994 438. RC 01-B 609. K BUY. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : S.A. ATHENA VENTURE CAPITAL HOLDING, représentée par AMBROISIEN (Marc). Nomination d'un administrateur : ANSCUTTER (François, Xavier).
10/04/2007	Bodacc A	Vente et cession
0609 - RCS Bobigny B 493 903 595. RC AP-B 41457. K-MANDATAIRE. Forme : S.A.R.L. à associé unique. Capital : 5 000 euros. Adresse du siège social : 2-4 rue Paul-Cézanne, 93360 Neuilly-Plaisance. Etablissement principal - Activité : mandataire à l'achat portant sur des achats de faible valeur (dits de classe C). Adresse : 2-4 rue Paul-Cézanne, 93360 Neuilly-Plaisance. Etablissement principal acquis par achat au prix stipulé de 45 000 euros. Date d'effet : 1er janvier 2007. Précédent propriétaire : K BUY. RCS 402 994 438. Publication légale : Le Publicateur légal du 30 mars 2007. Oppositions : au fonds, 2-4 rue Paul-Cézanne, 93360 Neuilly-Plaisance, pour la validité et la correspondance.
22/02/2007	Bodacc B	Modifications et mutations diverses
2813 - RCS Bobigny B 402 994 438. RC 01-B 609. K BUY. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateurs partants : VIDEGRAIN (Edouard, Philippe) SOUVIRON (Jean-Pierre).
16/02/2006	Bodacc C	Avis de dépôt des comptes
4236 - RCS Bobigny B 402 994 438. RC 01-B 609. K BUY. Forme: S.A. Adresse du siège social: 2/4, rue Paul Cézanne,93360 Neuilly-Plaisance. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2002.
16/02/2006	Bodacc C	Avis de dépôt des comptes
4237 - RCS Bobigny B 402 994 438. RC 01-B 609. K BUY. Forme: S.A. Adresse du siège social: 2/4, rue Paul Cézanne,93360 Neuilly-Plaisance. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
16/02/2006	Bodacc C	Avis de dépôt des comptes
4238 - RCS Bobigny B 402 994 438. RC 01-B 609. K BUY. Forme: S.A. Adresse du siège social: 2/4, rue Paul Cézanne,93360 Neuilly-Plaisance. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
04/04/2001	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 402994438 RC 01-B 609 K. BUY. Forme : S.A Nom commercial: K. Consulting K. Buyers K. Supply K. Office K. Training. Commentaires : modification survenue sur le nom commercial.
18/02/2001	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 402994438 RC 01-B 609 K. BUY. Forme : S.A. Capital : 53 250 euros Nom commercial: K Consulting. Activité : prestations de conseil, de services et formation. Adresse du siège social : 2-4 rue Paul-Cézanne, 93360 Neuilly- Plaisance. Administration : président du conseil d'administration et administrateur : KULAWIK (Flavien). Directeur général et administrateur : LE BRETON (Jean-Marc, Didier, Charles). Administrateurs : VIDEGRAIN (Edouard, Philippe) SOUVIRON (Jean-Pierre) S. A. ATHENA VENTURE CAPITAL HOLDING, représentée par AMBROISIEN (Marc). Commissaire aux comptes titulaire : S.A. CONSEILS ASSOCIES. Commissaire aux comptes suppléant : DUVERDIER ( Christian). Commentaires : cette société transfère son siège du 17 rue de l' Echiquier, 75010 Paris. Ancien RC : 95- B 15502. Date d'effet : 13 décembre 2000.
16/09/1999	Bodacc B	Modifications et mutations diverses
*. RCS Paris B 402 994 438 RC 95-B 15502 K. BUY. Forme : S.A.R.L. à capital variable Nom commercial: K. Consulting. Adresse du siège social : 17, rue de l' Echiquier 75010 Paris. Commentaires : modification survenue sur la dénomination, l'adresse du siège social et de l'établissement principal Etablissement principal: Adresse : 17, rue de l'Echiquier 75010 Paris.
02/08/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 402 994 438 RC 95-B 15502 K. CONSULTING. Forme : S.A.R.L. à capital variable Nom commercial: K. Consulting. Commentaires : modification survenue sur la forme juridique.
17/12/1995	Bodacc A	Création d'établissement
RCS Paris B 402 994 438 RC 95-B 15502 K CONSULTING. Forme : S.A.R.L. Capital : 50 000 F Nom commercial: K Consulting. Activité : prestations de conseil, services, formations. Adresse du siège social : 23-25 rue Jean-Jacques-Rousseau 75001 Paris. Administration : gérant : KULAWIK (Flavien) Cette société se constitue Date de début d'activité: 18 novembre 1995.

Company events history

Date	Description
20/10/2013	Update Rating
20/10/2013	Update Limit
15/10/2013	Update Rating
15/10/2013	Update Limit
28/02/2012	Bodacc B: Various editing or changing
20/02/2012	Updated articles of association
20/02/2012	Capital increase
14/11/2011	Other modification of Establishment
14/11/2011	Legal Gazette: Modification of the share capital
09/08/2011	Bodacc B: Various editing or changing
01/08/2011	Audit or Management Report
01/08/2011	Minutes of general meeting of shareholders
01/08/2011	Updated articles of association
13/04/2011	Update of Company Legal Form
13/04/2011	Other modification of Establishment (error correction)
10/12/2009	Preferential right lapsed
03/11/2009	Unfiling of a Social Security preferential right
07/05/2009	Bodacc A : Sale and transfer
31/10/2008	New Bodacc B ads detected
31/10/2008	Bodacc B: Various editing or changing
22/10/2008	New company name
22/10/2008	Updated articles of association
22/10/2008	Statuts mis à jour
22/10/2008	Minutes of general meeting of shareholders
22/10/2008	Private document
22/10/2008	Changement de dénomination sociale
07/10/2008	Update of Company Name
07/10/2008	Modification to Company Identifier
04/09/2008	Payment incident closed
20/05/2008	Payment incident detected
13/03/2008	Collection of preferential rights activated for this company
14/08/2007	Appointment/resignation of company officers
14/08/2007	Private document
14/08/2007	PV d'Assemblée
14/08/2007	Modification du Conseil d'Administration
14/08/2007	Minutes of general meeting of shareholders
14/08/2007	Changes to the Board of Directors
08/02/2007	Appointment/resignation of company officers
08/02/2007	Changes to the Board of Directors
08/02/2007	Private document
08/02/2007	Minutes of general meeting of shareholders
08/02/2007	PV d'Assemblée
31/12/2004	New accounts available
31/12/2003	New accounts available
31/01/2003	Réduction de Capital
31/01/2003	Acte sous seing privé
31/01/2003	PV d'Assemblée
31/01/2003	Statuts mis à jour
31/01/2003	Augmentation de Capital
31/01/2003	Déclaration de conformité
29/11/2002	Projet de Fusion
29/11/2002	Fusion
29/11/2002	Acte sous seing privé
04/11/2002	Requête et Ordonnance
05/02/2001	Changement de Forme Juridique sans changement de catégorie
05/02/2001	Augmentation de Capital
05/02/2001	Conversion du Capital Social en Euros
05/02/2001	Transfert du Siège hors du ressort du Tribunal de Commerce
05/02/2001	Immatriculation suite à transfert
05/02/2001	Acte modificatif
05/02/2001	Acte sous seing privé
05/02/2001	Nomination/démission des organes de gestion
05/02/2001	PV d'Assemblée
05/02/2001	PV du Conseil d'Administration
05/02/2001	Statuts mis à jour
05/02/2001	Cession de parts
13/12/2000	Other modification of Establishment (error correction)
29/11/2000	Acte sous seing privé
29/11/2000	Rapport des Commissaires ou du Gérant
31/08/1999	PV d'Assemblée
31/08/1999	Changement de dénomination sociale
31/08/1999	Transfert du Siège dans le ressort du Tribunal de Commerce
31/08/1999	Statuts mis à jour
31/08/1999	Acte sous seing privé
02/07/1999	Cession de parts
02/07/1999	Acte sous seing privé
20/07/1998	Cession de parts
20/07/1998	Acte sous seing privé
20/07/1998	PV d'Assemblée
20/07/1998	Statuts mis à jour
09/02/1998	Acte sous seing privé
09/02/1998	PV d'Assemblée
09/02/1998	Cession de parts
09/02/1998	Statuts mis à jour
30/11/1995	Statuts
30/11/1995	PV d'Assemblée
30/11/1995	Acte sous seing privé
30/11/1995	Formation de Société
30/11/1995	Certificat de dépôt des fonds

Establishment events history

Date	Description
05/09/2013	Update of phone numbers
12/01/2013	Update of phone numbers
18/05/2012	Update of phone numbers
21/06/2011	Update Rating
13/04/2011	Modification of Head office
27/09/2010	Update Rating
27/09/2010	Update Limit
02/01/2010	Update Rating
07/10/2008	Modification of Head office
14/04/2008	Update of phone numbers
16/12/2007	Update Limit
11/12/2007	Update Limit
09/12/2007	Update Limit
08/12/2007	Update Rating
26/09/2007	Update Limit
26/09/2007	Update Rating
11/09/2007	Update Limit
11/09/2007	Update Rating
13/12/2000	Modification of Head office

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.62
UK Pound	1	Rs.100.84
Euro	1	Rs.84.98

INFORMATION DETAILS

Report Prepared by :

NNA

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.