MIRA INFORM REPORT
|
Report Date : |
23.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
FRUIT
MARKET INTERNATIONAL B.V. |
|
|
|
|
Registered Office : |
Handelsweg
120, 2988DC Ridderkerk |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
12.06.2009 |
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|
|
|
Legal Form : |
Besloten
Vennootschap |
|
|
|
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Line of Business : |
Wholesale
of fruit and vegetables. Import van en transitohandel in groenten en fruit. |
|
|
|
|
No. of Employees : |
1 |
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 : |
Slow |
|
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
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 |
CONTACTINFORMATION
|
Company name |
Fruit Market
International B.V. |
|
Tradename |
Fruit Market
International |
|
Address |
Handelsweg 120 |
|
|
2988DC Ridderkerk |
|
|
Netherlands |
|
Mail address |
Handelsweg 120 |
|
|
2988DC Ridderkerk |
|
|
Netherlands |
|
Telephone number |
0180750950 |
|
Telefax number |
0180750955 |
|
E-mail address |
unknown |
|
Website |
unknown |
|
VAT number / RSIN |
820896640 |
Special remarks Guaranteed
by the parent company Food Investments Group B.V. is a credit of EUR
125.000 granted.
COMPANY INFORMATION
Handelsregisternummer 08199736
Registered in Chamber
of commerce Rotterdam
First registration 16-06-2009
Act of foundation 12-06-2009
Date of constitution 12-06-2009
Last change in statutes 21-06-2012
|
NACE-code |
Research and
experimental development on social sciences and humanities (7320) |
|
|
Economic research
(7413) |
|
SBI-code |
Wholesale of
fruit and vegetables (46311) |
|
|
Economic research
(732) |
|
|
Economic research
(7320) |
|
Formal objective |
Wholesale of
fruit and vegetables. Import van en transitohandel in groenten en fruit. |
|
Employees |
Total 1 |
|
Legal form |
Besloten
Vennootschap |
|
Place of
constitution |
Ridderkerk |
|
Capital |
EUR 90.000 |
|
Issued capital |
EUR 18.000 |
|
Paid up capital |
EUR 18.000 |
COMPANY STRUCTURE
Shareholder Food
Investments Group B.V.
Handelsweg
120 2988DC RIDDERKERK Netherlands
KvK:
24311511
Active
since: 12-06-2009
Percentage: 100.00%
Ultimate
parent company Citycon
Holding B.V. Westpier 63
3331MK ZWIJNDRECHT
KvK: 24258631
Holding
company Food
Investments Group B.V.
Handelsweg
120
2988DC
RIDDERKERK
KvK:
24311511
Affiliated
companies Nomra
B.V.
Handelsweg 120
2988DC
RIDDERKERK KvK: 24119166
Food
Investments B.V. Handelsweg 120
2988DC
RIDDERKERK KvK: 24170277
Super
Fresh B.V. Handelsweg 120
2988DC
RIDDERKERK KvK: 24321362
HW Logistiek B.V.
Handelsweg 120
2988DC RIDDERKERK KvK: 55761496
FCB Logistiek B.V.
Handelsweg 120
2988DC RIDDERKERK
KvK: 24290368
MANAGEMENT
|
Management |
Food Investments
Group B.V. |
|
|
Handelsweg 120 |
|
|
2988DC RIDDERKERK |
|
|
Netherlands |
|
|
KvK: 24311511 |
|
|
Authorization:
Fully authorized |
|
|
Position: Manager |
|
|
Date appointed:
30-05-2012 |
FINANCIAL INFORMATION
|
Publication
financial statement |
Annual accounts
2011 are published on 05-03-2012 (Broken accounting year) |
|
|
Annual accounts
2010 are published on 12-10-2011 (Broken accounting year) |
|
Type of
publication |
Corporate |
|
Publication |
Steady |
CORE FIGURES
|
BOOKYEAR |
2011 |
2010 |
|
Quick ratio |
0,00 |
0,01 |
|
Current ratio |
0,00 |
0,01 |
|
Nett
workingcapital / Balance total |
-263,74 |
-88,42 |
|
Capital and
reserves / Balance total |
-263,74 |
-88,42 |
|
Capital and
reserves / Fixed assets |
- |
- |
|
Solvency |
-1,00 |
-0,99 |
|
Nett
workingcapital |
-17.143 |
-16.711 |
|
Capital and
reserves |
-17.143 |
-16.711 |
|
Change capital
and reserves |
-2,59% |
|
|
change short term
liabilities |
1,82% |
|
|
|
||
Annual
accounts The
company is obligated to publish its annual accounts
Last annual
accounts 2011
Type of publication
Consolidated
Turnover 2009: 6.354.000
2008: 44.872.000
2007: 53.285.000
2006: 48.383.000
|
Gross profit |
2009: 1.898.000 |
|
|
2007: 7.005.000 |
|
|
2006: 6.042.000 |
|
Operating profit |
2009: 134.000 |
|
|
2008: -114.000 |
|
|
2007: 1.594.000 |
|
|
2006: 1.010.000 |
|
Result after
taxes |
2009: -58.000 |
|
|
2008: 3.359.000 |
|
|
2007: 518.000 |
|
|
2006: 364.000 |
Tendency
Tendency
capital and reserves
Capital and
reserves 2011 -17.143
Total debt 2011 17.208
Current
ratio 2011 0,00
Quick ratio 2011 0,00
Nett
workingcapital 2011 -17.143
Profitability Negative
Solvency Negative
Liquidity Negative
|
BALANCE |
|
|
|
BOOKYEAR |
2011 |
2010 |
|
End of bookyear |
30-09-2011 |
30-09-2010 |
|
Liquid
assets Current
assets |
65 65 |
189 189 |
|
Total
assets |
65 |
189 |
|
|
||
|
Capital
and reserves Total
short term debt Total debt |
-17.143 17.208 17.208 |
-16.711 16.900 16.900 |
|
Total
Liabilities |
65 |
189 |
History
Management Per 30-05-2012 manager 24311511 Food
Investments Group B.V. appointed.
Per 30-05-2012 manager Anne Peter
Bouman out of office.
Modifications
Per 21-6-2012 statutes modified. Per
21-6-2012 name changed to: Fruit Market
International B.V.. Office changed to:
Ridderkerk.
Company structure
• Citycon Holding B.V. (24258631)
ZWIJNDRECHT
o City
Marine B.V. (24419396) ZWIJNDRECHT Subsidiary (100%)
o Citycon
Life B.V. (24494099)
ZWIJNDRECHT
Subsidiary (100%) o Food Investments Group B.V. (24311511)
RIDDERKERK
Management relation
■ Fruit
Market International B.V. (08199736) Ridderkerk
Subsidiary
(100%)
■ Nomra
B.V. (24119166)
RIDDERKERK
Subsidiary
(100%)
Transito
Fruit Maatschappij B.V. (24295061)
RIDDERKERK
Subsidiary
(100%)
Banana Import Company B.V. (24295063)
RIDDERKERK
Subsidiary
(100%) Sol-Bananas B.V. (24311964)
RIDDERKERK
Subsidiary (100%) Platano B.V.
(24311965)
RIDDERKERK
Subsidiary
(100%) Veren Ambacht 20 B.V. (24353450)
RIDDERKERK
Subsidiary (100%)
Veren
Ambacht 2 B.V. (24353452)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 19 B.V. (24353455)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 3 B.V. (24353457)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 18 B.V. (24353458)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 4 B.V. (24353459)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 5 B.V. (24353461)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 17 B.V. (24353463)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 6 B.V. (24353464)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 16 B.V. (24353467)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 7 B.V. (24353468)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 8 B.V. (24353471)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 15 B.V. (24353473)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 14 B.V. (24353475)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 13 B.V. (24353476)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 9 B.V. (24353478)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 12 B.V. (24353480)
RIDDERKERK
Subsidiary
(100%)
Veren
Ambacht 10 B.V. (24353482)
RIDDERKERK
Subsidiary
(100%)
Veren Ambacht 1 B.V. (24353483)
RIDDERKERK
Subsidiary (100%)
■ Veren
Ambacht 11 B.V. (24353484)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 29 B.V. (24416095)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 30 B.V. (24416104)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 28 B.V. (24416117)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 25 B.V. (24416118)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 26 B.V. (24416126)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 23 B.V. (24416131)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 24 B.V. (24416133)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 21 B.V. (24416135)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 22 B.V. (24416218)
RIDDERKERK
Subsidiary
(100%)
■ Veren
Ambacht 27 B.V. (24416220)
RIDDERKERK
Subsidiary
(100%)
■ Food
Investments B.V. (24170277)
RIDDERKERK
Subsidiary
(100%)
■ Fresh-Express
B.V. (24305372)
RIDDERKERK
Subsidiary
(100%)
■ Super
Fresh B.V. (24321362)
RIDDERKERK
Subsidiary
(100%)
■ HW
Logistiek B.V. (55761496)
RIDDERKERK
Subsidiary
(100%)
■ FCB
Logistiek B.V. (24290368)
RIDDERKERK
Management
relation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.42 |
|
|
1 |
Rs.83.20 |
|
Euro |
1 |
Rs.71.90 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.