MIRA INFORM REPORT

 

 

Report Date :

28.12.2013

 

IDENTIFICATION DETAILS

 

Name :

FABORY NEDERLAND B.V.

 

 

Registered Office :

Zevenheuvelenweg 44 5048AN Tilburg

 

 

Country :

Netherlands

 

 

Date of Incorporation :

07.01.1957

 

 

Com. Reg. No.:

18020925

 

 

Legal Form :

Private Company

 

 

Line of Business :

Wholesale of hardware (ironware and metal products)

 

 

No. of Employees :

370

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No complaints

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, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

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


company name and address

 

Company name                         Fabory Nederland B.V.

Operative address                      Zevenheuvelenweg 44

5048AN Tilburg

Netherlands

 

Legal form                                 Private Company

Registration number                   KvK-nummer: 18020925

VAT-number                              004077684

 

 

 

 

Contact information

 

Company name             Fabory Nederland B.V.

Trade names                 Plastronics

Codit

Unitool

Fabory

Uniplus

Fabory Nederland

Fabory Group

Borstlap Masters in Fasteners

FABORY Trade

Haheti

Fabory Centres

Fabory Industry

Fabory Outlet

Fabory Global Trade

Operative address          Zevenheuvelenweg 44

5048AN Tilburg

Netherlands

 

Correspondence address Postbus 5050

5004EB Tilburg

Netherlands

 

Telephone number          0135941234

Fax number                   0135941340

Email address               verkoop_borstlap@fabory.com

Website                        www.fabory.com


 

Registration

 

Registration

Registration number KvK-nummer:           18020925

Registered in                                         Kamer van Koophandel Brabant

Branch number                          000017881595

VAT-number                                          004077684

Status                                                   Active

Memorandum                                        1976-12-31

Establishment date                                1957-01-07

Legal form                                             Private Company

Last proposed admendment                    2006-11-13

 

 

Activities

 

SBI                   Wholesale of hardware (ironware and metal products) (46741)

Exporter            No

Importer            No

Goal The import and export, trading and manufacturing of confirmation were other
metal goods, tools, technical and non-technical and chemical products
variety of other related products and articles, and the provision of (logistic)
services, whether or not related to the aforementioned products and articles

 

 

Relations

 

Shareholders                            Fabory Masters in Fasteners Group B.V.

Zevenheuvelenweg 44

5048AN Tilburg

Netherlands

Registration number:                  342833530000

Percentage:                               100.00%

 

Companies on same address      Amount:            23

Zevenheuvelenweg 44

5048AN TILBURG

Netherlands

Registration number: 180090400000

date of issue: 1992-10-23

Starting date: 1992-10-23

End date: 2011-12-22

 


Bank details

 

Accounts

 

Fortis Bank (Nederland) NV

Account number: 23.16.17.267

ING Bank NV

Account number: 66.58.80.650

 

 

Management

 

Active management

BMF Management Services B.V.

Zevenheuvelenweg 44

5048AN TILBURG

Netherlands

Registration number: 240256870000

Competence: Fully authorized

Function: General Director

Starting date: 2006-11-15

H.J. Verhoeven (Hendrikus Josephus)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 1998-07-24

Date of birth: 1952-04-07, Goirle, NL

Y. Haddouchi (Yassin)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2009-03-01

Date of birth: 1982-04-09, Beni Said, MA

H.A. van Alphen (Hélène Antoinette)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2010-01-01

Date of birth: 1964-02-05, Rotterdam, NL

R.J.M.M. Horbach (Rembrandt Johannes Margaretha)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2008-12-01

Date of birth: 1974-07-14, Oss, NL

A. Douw - Bambacht (Andrea)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2004-01-01

Date of birth: 1964-11-24, Tilburg, NL

 

 

employees

 

 

Total according to the Chamber of Commerce

370

 

 

 

 

 

Year

 

2013

2012

2011

2010

2009

Total

 

370

370

370

620

370

 

 

 

 

Payments

 

Score

7,28

Description

Payments are made regularly no complaints are known

 

 

Analysis

 

Branch (SBI)

Groothandel en Wholesale on a fee or contract basis (niet in auto's en motorfietsen) (46)

Region

Midden-Brabant

In the Netherlands 107516 of the companies are registered with the SBI code 46

In the region Midden-Brabant 5482 of the companies are registered with the SBI code 46

In the Netherlands 2108 of the bankrupcties are published within this sector

In the region Midden-Brabant 118 of the bankruptcies are published within this sector

The risk of this specific sector in the Netherlands is normal

The risk of this specific sector in the region Midden-Brabant is normal

 

Publications

Consent statements     05-02-2013: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd.

01-03-2012: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.

31-03-2011: Voor boekjaar 2010 is een instemmingsverklaring gedeponeerd.

05-02-2010: Voor boekjaar 2009 is een instemmingsverklaring gedeponeerd.

Functions 25-03-2011: Per 15-03-2011 is bestuurder Johannes Maria Wilhelmus Geerts uit functie

getreden.

 

02-07-2010: Per 01-12-2008 is gevolmachtigde Rembrandt Johannes Margaretha Maria

Horbach in functie getreden.

02-07-2010: Per 01-01-2004 is gevolmachtigde Andrea Douw-Bambacht in functie getreden.

02-07-2010: Per 01-01-2010 is gevolmachtigde Hélène Antoinette van Alphen in functie

getreden.

21-05-2010: Per 01-01-2010 is gevolmachtigde Ingrid Maria Maes uit functie getreden.

21-05-2010: Per 01-01-2010 is gevolmachtigde Antonius Maria van Noije uit functie getreden.

 

Mergers                       18-11-2013: Op 14-11-2013 fusievoorstel gedeponeerd. Verkrijgende rechtspersoon: Fabory Nederland B.V., 18020925 Verdwijnende rechtspersoon: Fabory Special Projects B.V., 8033810 ... Op 14-11-2013 fusievoorstel gedeponeerd. Verkrijgende rechtspersoon: Fabory Nederland B.V., 18020925 Verdwijnende rechtspersoon: Beleggingsmaatschappij Maasoever Rotterdam B.V., 24166620.

 

 

Company structures

 

Grainger International Holdings B.V.

Prins Bernhardplein 200 1097JB AMSTERDAM Netherlands

Registration number: 342759770000

   BMFGH Holding B.V.

Zevenheuvelenweg 44

5048AN TILBURG Netherlands

Registration number: 342852170000

  Fabory Masters in Fasteners Group B.V.

Zevenheuvelenweg 44

5048AN Tilburg Netherlands

Registration number: 342833530000

  Fabory Nederland B.V.

Zevenheuvelenweg 44 5048AN Tilburg

Netherlands

Registration number: 180209250000

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.06

UK Pound

1

Rs.102.03

Euro

1

Rs.85.27

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.