MIRA INFORM REPORT

 

 

Report Date :

14.01.2013

 

IDENTIFICATION DETAILS

 

Name :

DELICASEA B.V.

 

 

Registered Office :

Admiraal Banckertweg 12 2315SR Leiden

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

02.03.1995

 

 

Com. Reg. No.:

27152486

 

 

Legal Form :

Besloten Vennootschap

 

 

Line of Business :

Wholesale of fish

 

 

No. of Employees :

Not Available

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

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

Delicasea B.V.

Tradename

DelicaSea B.V.

Address

Admiraal Banckertweg 12

 

2315SR Leiden

 

Netherlands

Mail address

Postbus 618

 

2300AP Leiden

 

Netherlands

Telephone number

0715235151

Telefax number

0715226036

E-mail address

info@caemklerks.com

Website

www.caemklerks.com

VAT number / RSIN

803284597

 

 

COMPANY INFORMATION

 

Handelsregisternummer          27152486

Registered in                           Chamber of commerce Den Haag

 

First registration                      02-03-1995

Act of foundation                     27-02-1995

Date of constitution                  10-10-1994

Continuation date                    27-02-1995

Last change in statutes            28-12-2001

 

Legal form                               Besloten Vennootschap

 

Place of constitution                Leiden

 

Issued capital                          18.151,21

 Paid up capital                       18.151,21

 

NACE-code

Wholesale of fish (51382)

SBI-code

Wholesale of beverages (no diary products) (4634)

 

Wholesale of fish (46382)

 

Non-specialised wholesale of consumer goods (46901)

Formal objective

De im- en export van- en handel in sterke, zwakalcoholische en alcoholvrije dranken en

 

aanverwante artikelen, alsmede de handel in alle andere soorten artikelen, grondstoffen

 

en handelswaren.

 

Bookyear

2012

2011

2006

Number

 

 

10

Change

0,00%

-100,00%

900,00%

 

COMPANY STRUCTURE

 

Shareholder

L.B. 11 B.V.

 

Admiraal Banckertweg 8

 

2315SR LEIDEN

 

Netherlands

 

KvK: 24157416

 

Active since: 06-10-1997

 

Percentage: 100.00%

Ultimate parent company

Ever Rich International B.V.

 

Admiraal Banckertweg 12

 

2315SR LEIDEN

 

KvK: 28096696

Holding company

L.B. 11 B.V.

 

Admiraal Banckertweg 8

 

2315SR LEIDEN

 

KvK: 24157416

Affiliated companies

L.B. 12 B.V.

 

Bastenakenstraat 121

 

1066JC AMSTERDAM

 

KvK: 24254753

 

Bank                                        ABN Amro Bank NV

 

Real estate                              Unknown

The real estate is checked at the land registration office Description: Admiraal Banckertweg 12 2315 SR LEIDEN

 

 

MANAGEMENT

 

Management                           Van Caem Klerks Group B.V.

Admiraal Banckertweg 12 2315SR

Leiden Netherlands

 

KvK: 28057545

Authorization: Fully authorized

Position: Manager

Date appointed: 31-10-1997

 

 

PAYMENT INFORMATION   

 

Payment experiences

No complaints are known

 


FINANCIAL INFORMATION

 

Publication financial statement           Annual accounts 2011 are published on 24-08-2012

Annual accounts 2010 are published on 24-08-2012

Annual accounts 2009 are published on 05-01-2011

Annual accounts 2008 are published on 07-01-2010

Annual accounts 2007 are published on 11-12-2008

 

Type of publication                              Corporate

Publication                                          The company does not publish its annual accounts

 

 

CORE FIGURES  

                       

BOOKYEAR

2011

2010

2009

Quick ratio

0,99

0,26

2,83

Current ratio

2,51

1,43

2,83

Nett workingcapital / Balance total

0,60

0,30

0,65

Capital and reserves / Balance total

0,60

0,30

0,65

Capital and reserves / Fixed assets

-

-

-

Solvency

1,51

0,43

1,83

Nett workingcapital

184.000

198.000

130.000

Capital and reserves

184.000

198.000

130.000

Change capital and reserves

-7,07%

52,31%

12,07%

change short term liabilities

-73,59%

550,70%

-74,55%

Operating profit

-11.000

91.000

19.000

Nett Turnover

5.795.000

4.319.000

1.949.000

Profitability operating profit

negative

positive

positive

 

Annual accounts                      The company is obligated to publish its annual accounts

Last annual accounts               2011

 

Type of publication

Corporate

Turnover

2011: 5.795.000

 

2010: 4.319.000

 

2009: 1.949.000

 

2008: 3.918.000

 

2007: 1.810.000

 

2006: 1.087.000

 

2005: 1.479.000

Gross profit

2011: -5.000

 

2010: 103.000

 

2009: 22.000

 

2008: 128.000

 

 

2007:

1.000

 

2005:

4.000

Operating Profit

2011:

-14.000

 

2010:

68.000

 

2009:

14.000

 

2008:

85.000

 

2007:

-1.000

 

2006:

1.000

 

2005:

5.000

Result after taxes

2006:

1.000

 

2005:

3.000

 

Tendency                                 Changeable

 

Capital and reserves                2011 184.000

Total debt                                2011 122.000

Current ratio                            2011 2,51

Quick ratio                               2011 0,99

Nett workingcapital                 2011 184.000

 

Profitability                              Negative

Solvency                                  More than sufficient

Liquidity                                  More than sufficient

 

Currency                                  Euro

 

 

BALANCE

                       

BOOKYEAR

2011

2010

2009

End of bookyear

31-12-2011

31-12-2010

31-12-2009

 

Stocks and work in progress

185.000

538.000

 

Trade debtors

107.000

100.000

 

Other amounts receivable

14.000

22.000

 

Accounts receivable

121.000

122.000

 

Liquid assets

 

 

201.000

Current assets

306.000

660.000

201.000

Total assets

306.000

660.000

201.000

 

Capital and reserves

184.000

198.000

130.000

Trade debts suppliers

4.000

 

 

Other short term debts

118.000

 

 

Total short term debt

122.000

462.000

71.000

Total debt

122.000

462.000

71.000

Total Liabilities

306.000

660.000

201.000

 

PROFIT & LOSS ACCOUNT

 

 

 

BOOKYEAR

2011

2010

2009

Turnover

5.795.000

4.319.000

1.949.000

Nett Turnover

5.795.000

4.319.000

1.949.000

Gross profit

-5.000

103.000

22.000

Sales costs

6.000

12.000

3.000

Operating charges

5.806.000

4.228.000

1.930.000

Operating profit

-11.000

91.000

19.000

Financial charges

8.000

 

 

Financial result

-8.000

 

 

Result before taxes

-19.000

91.000

19.000

Income taxes

-5.000

23.000

5.000

Result after taxes

-14.000

68.000

14.000

Nett result

-14.000

68.000

14.000

 

 

Company structure

• Ever Rich International B.V. (28096696) LEIDEN

o Van Caem Klerks Group B.V. (28057545) Leiden

Management relation

   L.B. 11 B.V. (24157416)

LEIDEN

Subsidiary (100%)

   L.B. 12 B.V. (24254753)

AMSTERDAM

Subsidiary (100%)

Delicasea B.V. (27152486) Leiden

Subsidiary

   Klerks Onroerend Goed B.V. (28036133)

LEIDEN

Subsidiary (100%)

   Van Caem Sports B.V. (28051567)

LEIDEN

Subsidiary (100%)

   Wijnkoperij De Goede Hoop B.V. (28057792)

LEIDEN

Management relation

Klerks Fine Wines B.V. (28057683) Leiden Subsidiary

Global Brands Distribution B.V. (28057684)

LEIDEN

Subsidiary (100%)

Van Caem International B.V. (28057685) Leiden

Subsidiary (100%)

Klerks Fine Wines - Primeurs Cellar B.V. (28057686)

LEIDEN

Subsidiary (100%) Van Caem Europe B.V. (28069484)

LEIDEN

Subsidiary (100%) VCI Europe B.V. (55305563)

LEIDEN

Subsidiary (100%) VCTS B.V. (55794157)

LEIDEN

Subsidiary (100%) (56706340)

Subsidiary (100%) (56720920)

Subsidiary (100%) (56722001)

 

Subsidiary (100%)


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.54

UK Pound

1

Rs.88.05

Euro

1

Rs.72.29

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.