MIRA INFORM REPORT

Report Date :

18.01.2013

IDENTIFICATION DETAILS

Name :	LUTON
Registered Office :	13 Rue Regine Gosset 93300 Aubervilliers
Country :	France
Financials (as on) :	31.03.2011
Date of Incorporation :	April 1983
Com. Reg. No.:	RCS Bobigny B 326 876 521
Legal Form :	Limited Liability Company
Line of Business :	Wholesale (intercompany trade) of textiles
No. of Employees :	3 to 5 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 :	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 30^th, 2012

Country Name	Previous Rating (31.03.2011)	Current Rating (30.06.2012)
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

France was transitioning from an economy that has featured extensive government ownership and intervention to one that relies more on market mechanisms but is in the midst of a euro-zone crisis. The government has partially or fully privatized many large companies, banks, and insurers, and has ceded stakes in such leading firms as Air France, France Telecom, Renault, and Thales. It maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 75 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. The unemployment rate increased from 7.4% in 2008 to 9.3% in 2010 and 9.1% in 2011. Lower-than-expected growth and increased unemployment have cut government revenues and increased borrowing costs, contributing to a deterioration of France's public finances. The government budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 5.8% of GDP in 2011, while France's public debt rose from 68% of GDP to 86% over the same period. Under President SARKOZY, Paris implemented austerity measures that eliminated tax credits and froze most government spending in an effort 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 levels. Socialist Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, as well as measures such as forcing banks to separate their traditional deposit taking and lending activities from more speculative businesses, increasing taxes on bank profits, introducing a new top bracket on income taxes for people earning over €1 million ($1.3 million) a year, and hiring an additional 60,000 civil servants during his five-year term of office.

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

Name

LUTON

SIRET

326 876 521 00054

Personal comment

company summary

		EUR VAT Number	FR24326876521
Activity (APE)	Wholesale (intercompany trade) of textiles (4641Z)	Legal form	Limited Liability Company
Phone	01 48 11 09 50	RCS Registration	RCS Bobigny B 326 876 521
Fax		Share capital	38,112 Euros
Address	LUTON 13 RUE REGINE GOSSET 93300 AUBERVILLIERS	Incorporated Date	04/1983
Nationality	France	Status	Economically active

DIRECTORS/MANAGEMENT

Current Directors

1

directors

Name	M. SOUTO DA SILVA MARQUES FERNANDO
Manager position	Gérant	Date of birth	24/03/1961
Place of birth	MASSARELOS PORTO PORTUGAL
Type	Individual	Name at birth

Previous Directors

View the directors history for this company
If you want to view the directors history, please click on the link view details.

Manager position	Title and name	Date of Birth/Place of Birth
Directeur général unique	M FERNANDO SOUTO DA SILVA MARQUES	24/03/1961 - MASSARELOS PORTO PORTUGAL
Président du conseil de surveillance	M LOURENCO SIMOES	- - -

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

N/a

PAYMENT INFORMATION

N/a

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data

This company is not identified as one of the biggest french chip.

Linkages

This company is not identified as one of the biggest french chip.

FINANCIAL INFORMATION

Trading to Date	03/31/2011	03/31/2010	03/31/2009
Turnover	9,176,504 €	6,740,275 €	6,002,612 €
Gross Operating Surplus	1,90 % Turnover	2,45 % Turnover	0,76 % Turnover
Shareholders’ equity	386,475 €	315,667 €	290,727 €
Net result	70,807 €	24,941 €	38,046 €

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/03/2011	31/03/2010	31/03/2009
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	13/03/2012	23/02/2011	16/08/2010
Activity Code	4641Z	4641Z	4641Z
Employees	0	0	4

Active account

Annual Accounts	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	13 221	-8,9%	14 515	-11,4%	16 378	19 447	-32,0%
- Intangible assets	0	0%	0	0%	0	0	0%
- Tangible assets	0	0%	1 294	-63,8%	3 578	4 976	0%
- Financial assets	13 221	0%	13 221	3,3%	12 800	1 829	622,9%
Net current assets	1 639 428	7,9%	1 519 643	-0,4%	1 525 354	198 105	727,6%
- Stocks	1 202 483	2,2%	1 176 925	9,8%	1 071 908	38 909	2990,5%
- Advanced payments	0	7,9%	0	0%	0	0	0%
- Receivables	418 174	35,8%	307 939	-31,3%	448 487	62 960	564,2%
- Securities and cash	18 771	-46,0%	34 779	601,3%	4 959	25 991	-27,8%
- Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	1 652 648	7,7%	1 534 157	-0,5%	1 541 732	257 703	541,3%

Passive Account

Annual Accounts	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Shareholders' equity	386 475	22,4%	315 667	8,6%	290 727	68 481	464,4%
Share capital	38 112	0%	38 112	0%	38 112	10 305	269,8%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	1 266 173	3,9%	1 218 489	-2,6%	1 251 004	152 629	729,6%
- Financial liabilities	166 114	-57,7%	393 090	-0,8%	396 316	15 163	995,5%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	594 173	235,4%	177 154	-66,8%	533 466	45 373	1209,5%
- Tax and social liabilities	396 304	-16,5%	474 483	52,8%	310 598	36 086,50	998,2%
- Other debts and fixed assets liabilities	109 582	-36,9%	173 763	1535,6%	10 624	4 136	2549,5%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	1 652 648	7,7%	1 534 157	-0,5%	1 541 731	257 703	541,3%

Results

Annual Accounts	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Sales of Goods	9 177 636	36,1%	6 744 153	12,3%	6 007 774	419 981	2085,3%
Net turnover	9 176 504	36,1%	6 740 275	12,3%	6 002 612	405 934	2160,6%
- of which net export turnover	4 148	285,5%	1 076	0%	0	678	511,8%
Operating charges	9 004 499	36,7%	6 584 767	10,4%	5 962 976	404 592	2125,6%
Operating profit/loss	173 137	8,6%	159 385	255,8%	44 798	8 109	2035,1%
Financial income	0	0%	0	0%	0	42	0%
Financial charges	55 181	-11,8%	62 556	598,1%	8 961	1 199	4502,3%
Financial profit/loss	-55 181	11,8%	-62 556	-598,1%	-8 961	-159	-34605,0%
Pretax net operating income	117 956	21,8%	96 829	170,2%	35 837	7 600	1452,1%
Extraordinary income	0	0%	0	0%	8 003	02	0%
Extraordinary charges	20 354	-69,6%	67 035	27831,2%	240	164	12311,0%
Extraordinary profit/loss	-20 354	205,6%	-67 035	-963,5%	7 763	0	0%
Net result	70 807	183,9%	24 941	-34,4%	38 046	7 554	837,3%

Display parameter

Currency

Euro

Kilo Euro

Normal Account

31/03/2011

31/03/2010

31/03/2009

Months

12

12

12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

		31/03/2011		31/03/2010		31/03/2009
Grand Total (I to VI)	Net	1 652 648	7,7%	1 534 157	-0,5%	1 541 732
Gross	CO	1 692 467	7,6%	1 572 682	-0,3%	1 577 973
Amortisation	1A	39 819	3,4%	38 525	6,3%	36 241

Non declared distributed capital (I)

		31/03/2011		31/03/2010		31/03/2009
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/03/2011		31/03/2010		31/03/2009
Total Active fixed asset (II)	Net	13 221	-8,9%	14 515	-11,4%	16 378
Gross	BJ	53 040	0%	53 040	0,8%	52 619
Amortisation	BK	39 819	3,4%	38 525	6,3%	36 241

Intangilble fixed assets

			31/03/2011		31/03/2010		31/03/2009
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	4 706	0%	4 706	0%	4 706
	Amortisation	AG	4 706	0%	4 706	0%	4 706
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	0	0%	0	0%	0

Tangilble fixed assets

		31/03/2011		31/03/2010		31/03/2009
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	0
Gross	AP	0	0%	0	0%	0
Amortisation	AQ	0	0%	0	0%	0
Plant	Net	0	0%	0	0%	0
Gross	AR	2 515	0%	2 515	0%	2 515
Amortisation	AS	2 515	0%	2 515	0%	2 515
Other tangible fixed assets	Net	0	0%	1 294	-63,8%	3 578
Gross	AT	32 598	0%	32 598	0%	32 598
Amortisation	AU	32 598	4,1%	31 304	7,9%	29 020
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	0		1 294		3 578

Financial assets

		31/03/2011		31/03/2010		31/03/2009
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	0	0%	0	0%	0
Gross	CU	0	0%	0	0%	0
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	13 221	0%	13 221	3,3%	12 800
Gross	BH	13 221	0%	13 221	3,3%	12 800
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		13 221		13 221		12 800

Current Assets (III)

		31/03/2011		31/03/2010		31/03/2009
Total Assets	Net	1 639 428	7,9%	1 519 643	-0,4%	1 525 354
Gross	CJ	1 639 428	7,9%	1 519 643	-0,4%	1 525 354
Amortisation	CK	0	0%	0	0%	0

Stocks

		31/03/2011		31/03/2010		31/03/2009
Raw materials	Net	0	0%	0	0%	0
Gross	BL	0	0%	0	0%	0
Amortisation	BM	0	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	0	0%	0	0%	0
Gross	BR	0	0%	0	0%	0
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	1 202 483	2,2%	1 176 925	9,8%	1 071 908
Gross	BT	1 202 483	2,2%	1 176 925	9,8%	1 071 908
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	1 202 483	2,2%	1 176 925	9,8%	1 071 908

Advance payments to suppliers

		31/03/2011		31/03/2010		31/03/2009
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/03/2011		31/03/2010		31/03/2009
Trade accounts receivable	Net	330 816	34,3%	246 299	-38,0%	396 989
Gross	BX	330 816	34,3%	246 299	-38,0%	396 989
Amortisation	BY	0	0%	0	0%	0
Other debtors	Net	84 504	43,4%	58 934	14,4%	51 498
Gross	BZ	84 504	43,4%	58 934	14,4%	51 498
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	415 320	36,1%	305 233	-31,9%	448 487

Divers

		31/03/2011		31/03/2010		31/03/2009
Investment securities	Net	160	0%	160	0%	0
Gross	CD	160	0%	160	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	18 611	-46,2%	34 619	598,1%	4 959
Gross	CF	18 611	-46,2%	34 619	598,1%	4 959
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	18 771	-46,0%	34 779	601,3%	4 959

Prepaid expenses

		31/03/2011		31/03/2010		31/03/2009
Prepaid expenses	Net	2 854	5,5%	2 706	0%	0
Gross	CH	2 854	5,5%	2 706	0%	0
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

31/03/2011

31/03/2010

31/03/2009

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

References

		31/03/2011		31/03/2010		31/03/2009
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	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)

		31/03/2011		31/03/2010		31/03/2009
Grand Total (I to V)	EE	1 652 648	7,7%	1 534 157	-0,5%	1 541 731

Shareholder Equity (I)

		31/03/2011		31/03/2010		31/03/2009
Total shareholders' equity (Total I)	DL	386 475	22,4%	315 667	8,6%	290 727
Equity and shareholders' equity	DA	38 112	0%	38 112	0%	38 112
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	3 811	0%	3 811	0%	3 811
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	8 784	0%	8 784	0%	8 784
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	264 960	10,4%	240 019	18,8%	201 974
Profit or loss for the period	DI	70 807	183,9%	24 941	-34,4%	38 046
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		31/03/2011		31/03/2010		31/03/2009
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

		31/03/2011		31/03/2010		31/03/2009
Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
Risk provisions	DP	0	0%	0	0%	0
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		31/03/2011		31/03/2010		31/03/2009
Total Liabilities (Total IV)	EC	1 266 173	3,9%	1 218 489	-2,6%	1 251 004
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	139 845	-61,9%	366 741	-7,5%	396 316
Sundry loans and financial liabilities	DV	26 269	-0,3%	26 349	0%	0
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	594 173	235,4%	177 154	-66,8%	533 466
Tax and social security liabilities	DY	396 304	-16,5%	474 483	52,8%	310 598
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	109 582	-36,9%	173 763	1535,6%	10 624

Translation loss (V)

		31/03/2011		31/03/2010		31/03/2009
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/03/2011		31/03/2010		31/03/2009
Deferred income	EB	0	0%	0	0%	0

References

		31/03/2011		31/03/2010		31/03/2009
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	1 266 173	245,2%	366 741	-70,9%	1 258 443
Of which current bank facilities	EH	139 845	0%	0	0%	396 316

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)

		31/03/2011		31/03/2010		31/03/2009
Operating result (Total I-II)	GG	173 137	8,6%	159 385	255,8%	44 798

2 - Financial result (V - VI)

		31/03/2011		31/03/2010		31/03/2009
Financial result (Total V-VI)	GV	-55 181	11,8%	-62 556	-598,1%	-8 961

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

		31/03/2011		31/03/2010		31/03/2009
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	117 956	21,8%	96 829	170,2%	35 837

4 - Extraordinary result (VII-VIII)

		31/03/2011		31/03/2010		31/03/2009
Extraordinary result (Total VII-VIII)	HI	-20 354	69,6%	-67 035	-963,5%	7 763

Profit or loss

		31/03/2011		31/03/2010		31/03/2009
Profit or loss	HN	70 807	183,9%	24 941	-34,4%	38 046

Total Income (I+III+V+VII)

		31/03/2011		31/03/2010		31/03/2009
Total Income (I+III+V+VII)	HL	9 177 636	36,1%	6 744 153	12,1%	6 015 777

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

		31/03/2011		31/03/2010		31/03/2009
Total charges (Total II+IV+VI+VIII+IX+X)	HM	9 106 830	35,5%	6 719 211	12,4%	5 977 730

Operating income (I)

		31/03/2011		31/03/2010		31/03/2009
Total operating income (Total I)	FR	9 177 636	36,1%	6 744 153	12,3%	6 007 774

Operating income (details)

		31/03/2011		31/03/2010		31/03/2009
Sale of goods for resale	FC	9 176 504	36,1%	6 740 275	12,2%	6 005 722
France	FA	9 172 356	36,1%	6 739 199	12,2%	6 005 722
Export	FB	4 148	285,5%	1 076	0%	0
Sale of goods produced	FF	0	0%	0	0%	-5 682
France	FD	0	0%	0	0%	-5 682
Export	FE	0	0%	0	0%	0
Sale of services	FI	0	0%	0	0%	2 572
France	FG	0	0%	0	0%	2 572
Export	FH	0	0%	0	0%	0
Net turnover	FL	9 176 504	36,1%	6 740 275	12,3%	6 002 612
France	FJ	9 172 356	36,1%	6 739 199	12,3%	6 002 612
Export	FK	4 148	285,5%	1 076	0%	0
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	0	0%	2 918	0%	0
Other income	FQ	1 132	17,9%	960	-81,4%	5 162

Operating charges (II)

		31/03/2011		31/03/2010		31/03/2009
Total operating charges (Total II)	GF	9 004 499	36,7%	6 584 767	10,4%	5 962 976

Exploitation charges

		31/03/2011		31/03/2010		31/03/2009
Purchase of goods for resale	FS	8 439 951	37,1%	6 156 876	14,5%	5 376 032
Change in stocks of goods for resale	FT	-25 558	75,7%	-105 017	-495,5%	-17 636
Purchase of raw materials	FU	0	0%	0	0%	4 704
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	381 298	15,9%	329 042	-18,1%	401 766
Tax, duty and similar payments	FX	39 828	18,2%	33 691	2,2%	32 964
Payroll	FY	122 749	6,5%	115 246	-5,9%	122 536
Social security costs	FZ	43 817	-3,0%	45 159	24,2%	36 346

Depreciation

		31/03/2011		31/03/2010		31/03/2009
Depreciation of fixed assets	GA	1 294	-43,3%	2 284	0%	2 284
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/03/2011		31/03/2010		31/03/2009
Other charges	GE	1 120	-85,0%	7 486	88,1%	3 980

Operating charges (III-IV)

		31/03/2011		31/03/2010		31/03/2009
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		31/03/2011		31/03/2010		31/03/2009
Total financial income (Total V)	GP	0	0%	0	0%	0
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	0	0%	0	0%	0
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	0
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/03/2011		31/03/2010		31/03/2009
Total financial charge (Total VI)	GU	55 181	-11,8%	62 556	598,1%	8 961
Financial reserves and provisions	GQ	0	0%	0	0%	0
Interest and similar charges	GR	55 181	-11,8%	62 556	598,1%	8 961
Exchange losses	GS	0	0%	0	0%	0
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/03/2011		31/03/2010		31/03/2009
Total extraordinary income (Total VII)	HD	0	0%	0	0%	8 003
Extraordinary operating income	HA	0	0%	0	0%	8 003
Extraordinary income from capital transactions	HB	0	0%	0	0%	0
Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

		31/03/2011		31/03/2010		31/03/2009
Total extraordinary charges (Total VIII)	HH	20 354	-69,6%	67 035	27831,2%	240
Extraordinary operating charges	HE	20 354	-69,6%	67 035	27831,2%	240
Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/03/2011		31/03/2010		31/03/2009
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/03/2011		31/03/2010		31/03/2009
Tax on profits (Total X)	HK	26 796	452,2%	4 853	-12,6%	5 553

References

				31/03/2011			31/03/2010		31/03/2009
	Of which equipment leases		HP	0	0%		0	0%	0
	Of which property leases		HQ	0	0%		0	0%	0
	Of which transferred charges		A1	0	0%		2 918	0%	0
	Of which trader's own contributions		A2	16 233	3,3%		15 712	505,5%	2 595
	Of which royalties on licences and patents (income)		A3	0	0%		0	0%	0
	Of which royalties on licences and patents (charges)		A4	0	0%		0	0%	154
Display parameter
Currency		Euro				Kilo Euro

Other incomer 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)

		31/03/2011		31/03/2010		31/03/2009
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	0	0%	0	0%	0
Gross value at the end of period	OL	0	0%	53 039	0%	0

Research and development Charge (Total I)

		31/03/2011		31/03/2010		31/03/2009
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/03/2011		31/03/2010		31/03/2009
Gross value at begin of period	KD	0	0%	4 706	0%	0
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	0	0%	4 706	0%	0

Tangible fixed assets (Total III)

		31/03/2011		31/03/2010		31/03/2009
Gross value at begin of period	LN	0	0%	35 112	0%	0
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	0
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	0	0%	0	0%	0
Gross value at the end of period	NH	0	0%	35 112	0%	0

Financial assets (Total IV)

		31/03/2011		31/03/2010		31/03/2009
Gross value at begin of period	LQ	0	0%	12 800	0%	0
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	0	0%	421	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	0	0%	13 221	0%	0

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

			31/03/2011		31/03/2010		31/03/2009
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/03/2011		31/03/2010		31/03/2009
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/03/2011		31/03/2010		31/03/2009
	Reserve for depreciation value at begin of period	PE	4 706	0%	4 706	0%	0
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	4 706	0%	4 706	0%	0

Total fixed assets amotisation (Total III)

			31/03/2011		31/03/2010		31/03/2009
	Reserve for depreciation value at begin of period	QU	33 818	7,2%	31 535	0%	0
Increases		QV	1 294	-43,3%	2 284	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	35 112	3,8%	33 819	0%	0

Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt

			31/03/2011		31/03/2010		31/03/2009
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/03/2011		31/03/2010		31/03/2009
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/03/2011		31/03/2010		31/03/2009
	Value at begining of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

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

Total regulated provisions (Total I)

			31/03/2011		31/03/2010		31/03/2009
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/03/2011		31/03/2010		31/03/2009
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/03/2011		31/03/2010		31/03/2009
	Value at begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/03/2011		31/03/2010		31/03/2009
Gross value	VT	431 394	0%	0	0%	461 287
1 year at most	VU	418 173	0%	0	0%	448 487
More than one year	VV	13 221	0%	0	0%	12 800

State of loans

		31/03/2011		31/03/2010		31/03/2009
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	13 221	0%	0	0%	12 800
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/03/2011		31/03/2010		31/03/2009
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	330 816	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	1 210	0%	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	83 293	0%	0	0%	448 487

Prepaid

		31/03/2011		31/03/2010		31/03/2009
Prepaid	VS	2 854	0%	0	0%	0

State Debt

			31/03/2011		31/03/2010		31/03/2009
	Total debt (gross)	VY	1 266 173	0%	0	0%	1 251 004
1 year at most		VZ2	1 266 173	0%	0	0%	1 251 004
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/03/2011		31/03/2010		31/03/2009
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0	0%	396 316
1 year at most		VG2	0	0%	0	0%	396 316
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	139 845	0%	0	0%	0
1 year at most		VH2	139 845	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	594 173	0%	0	0%	533 466
1 year at most		8B2	594 173	0%	0	0%	533 466
More than 1 year and 5 years at most		8B3	594 173	0%	0	0%	533 466
	Personnel and associated accounts (gross)	8C1	9 941	0%	0	0%	0
1 year at most		8C2	9 941	0%	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	33 571	0%	0	0%	310 598
1 year at most		8D2	33 571	0%	0	0%	310 598
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	21 944	0%	0	0%	0
1 year at most		8E2	21 944	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	315 304	0%	0	0%	0
1 year at most		VW2	315 304	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	15 545	0%	0	0%	0
1 year at most		VQ2	15 545	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	26 269	0%	0	0%	0
1 year at most		VI2	26 269	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	109 582	0%	0	0%	10 624
1 year at most		8K2	109 582	0%	0	0%	10 624
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/03/2011		31/03/2010		31/03/2009
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/03/2011		31/03/2010		31/03/2009
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/03/2011		31/03/2010		31/03/2009
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/03/2011		31/03/2010		31/03/2009
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/03/2011		31/03/2010		31/03/2009
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/03/2011		31/03/2010		31/03/2009
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/03/2011		31/03/2010		31/03/2009
Average number of employees	YP	0	0%	0	0%	04

Groups and Shareholders

			31/03/2011			31/03/2010			31/03/2009
	Groups and Shareholders	ZR	0		-	0		-	-
Display parameter
Comparison mode				Average			Median

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

Structure and Liquidity

	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Fixed Asset Financing	8,53	-39,5%	14,09	126,9%	6,21	2,96	188,2%
Global Debt	50 days	-23,1%	65 days	-13,3%	75 days	122 days	-59,0%
Working Capital Fund overall net	16 days	-56,8%	37 days	131,2%	16 days	78 days	-79,5%
Financial independence	276,36%	221,1%	86,07%	17,3%	73,36%	593,42%	-53,4%
More ratios
Solvability	23,39%	13,7%	20,58%	9,1%	18,86%	35,48%	-34,1%
Capacity debt futures	276,36%	-	%	-	73,36%	1127,56%	-75,5%
Coverage of current assets by net working capital overall	24,41%	-46,7%	45,76%	154,4%	17,99%	43,82%	-44,3%
General Liquidity	0,33	-		-	0,36	0,57	-42,1%
Restricted Liquidity	0,35	-		-	0,36	0,98	-64,3%

Management or rotation

	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Need background in operating working capital	20 days	-42,9%	35 days	-12,5%	40 days	31 days	-35,5%
Treasury	-5 days	-350,0%	2 days	108,7%	-23 days	10 days	-150,0%
Inventory turnover of goods	51 days	-27,1%	70 days	-2,8%	72 days	88,50 days	-42,4%
Average length of credit granted to customers	13 days	0%	13 days	-45,8%	24 days	51 days	-74,5%
Average length of credit obtained suppliers	24 days	140,0%	10 days	-69,7%	33 days	58,50 days	-59,0%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	1162 days	-
Rotation tangible assets	%	-	19196,50%	-	%	1957,24%	-

Profitability of the business

	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Margin trading	8,31%	-18,6%	10,21%	-5,3%	10,78	29,18%	-71,5%
Profitability of the business	1,90	-22,4%	2,45	222,4%	0,76	3,26%	-41,7%
Net profit	0,77%	108,1%	0,37%	-41,3%	0,63%	1,68%	-54,2%
More ratios
Growth rate of turnover (excluding VAT)	36,14%	194,1%	12,29%	-57,5%	28,91%	0%	0%
Rates integration	4,15%	-22,1%	5,33%	34,6%	3,96%	19,98%	-79,2%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	39,48%	-1,9%	40,26%	-38,8%	65,74%	66,73%	-40,8%
Weight interests	0,60	-35,5%	0,93%	520,0%	0,15%	0,35%	71,4%

Return on capital

	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Cash flow from the overall profitability	0,79%	97,5%	0,40%	-40,3%	0,67%	2,28%	-65,4%
Rates of economic profitability	32%	39,1%	23%	228,6%	7%	10,70%	199,1%
Financial profitability	386475%	22,4%	315667%	8,6%	290727%	50613%	663,6%
Return on investment	22,80%	84,6%	12,35%	80,6%	6,84%	8,54%	167,0%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/03/2011		31/03/2010		31/03/2009	Sector Median 2011
Turnover	9 176 504	36,1%	6 740 275	12,3%	6 002 612	405 934 €	2160,6%

Sales of goods	9 176 504	36,1%	6 740 275	12,2%	6 005 722
- Purchase of goods	8 439 951	37,1%	6 156 876	14,5%	5 376 032
+/- Stock of goods variation	-25 558	75,7%	-105 017	-495,5%	-17 636
Trading margin	762 111 €	10,7%	688 416 €	6,3%	647 326 €	89 761 €	749,0%
	8,31 % CA	-18,6%	10,21 % CA	-5,3%	10,78 % CA	31,12 % CA	-73,3%

Sale of goods produced	0	0%	0	0%	-3 110
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	0 €	0%	0 €	0%	-3 110 €	6 925 €	0%
	0,00 % CA	0%	0,00 % CA	0%	-0,05 % CA	2,08 % CA	0%

Trading margin	762 111	10,7%	688 416	6,3%	647 326	89 761	749,0%
+ Period Production	0	0%	0	0%	-3 110	6 925	0%
- Purchase of raw materials	0	0%	0	0%	4 704
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	381 298	15,9%	329 042	-18,1%	401 766
Added value	380 813 €	6,0%	359 374 €	51,2%	237 746 €	87 496 €	335,2%
	4,15 % CA	-22,1%	5,33 % CA	34,6%	3,96 % CA	19,98 % CA	-79,2%

Added value	380 813 €	6,0%	359 374 €	51,2%	237 746 €	87 496 €	335,2%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	39 828	18,2%	33 691	2,2%	32 964
- Personal charges	166 566	3,8%	160 405	1,0%	158 882
Gross operating surplus	174 419 €	5,5%	165 278 €	260,1%	45 900 €	10 628 €	1541,1%
	1,90 % CA	-22,4%	2,45 % CA	222,4%	0,76 % CA	3,26 % CA	-41,7%

Gross operating surplus	174 419 €	5,5%	165 278 €	260,1%	45 900 €	10 628 €	1541,1%
+ Release of reserves and provisions	0	0%	2 918	0%	0
+ Other operating income	1 132	17,9%	960	-81,4%	5 162
- Depreciation/Amortisation	1 294	-43,3%	2 284	0%	2 284
- Other charges	1 120	-85,0%	7 486	88,1%	3 980
Operating result	173 137 €	8,6%	159 386 €	255,8%	44 798 €	8 109 €	2035,1%
	1,89 % CA	-19,9%	2,36 % CA	214,7%	0,75 % CA	2,23 % CA	-15,2%

Operating result	173 137 €	8,6%	159 386 €	255,8%	44 798 €	8 109 €	2035,1%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	0	0%	0	0%	0
- Financial charges	55 181	-11,8%	62 556	598,1%	8 961
Pre-tax result	117 956 €	21,8%	96 830 €	170,2%	35 837 €	7 600 €	1452,1%
	1,29 % CA	-10,4%	1,44 % CA	140,0%	0,60 % CA	1,96 % CA	-34,2%

Extraordinary income	0	0%	0	0%	8 003	02	0%
- Extraordinary charges	20 354	-69,6%	67 035	27831,2%	240
Extraordinary result	-20 354 €	69,6%	-67 035 €	-963,5%	7 763 €	0 €	0%
	-0,22 % CA	77,8%	-0,99 % CA	-861,5%	0 % CA	0 % CA	0%

Pre-tax result	117 956 €	21,8%	96 830 €	170,2%	35 837 €	7 600 €	1452,1%
Extraordinary result	-20 354 €	69,6%	-67 035 €	-963,5%	7 763 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	26 796	452,2%	4 853	-12,6%	5 553
Net result	70 806 €	183,9%	24 942 €	-34,4%	38 047 €	7 555 €	837,2%
	0,77 % CA	108,1%	0,37 % CA	-41,3%	0,63 % CA	1,68 % CA	-54,2%

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

Company details

Activity (APE)	Commerce de gros (commerce interentreprises) de textiles (4641Z)
RCS Registration	RCS Bobigny B 326 876 521	Share capital	38,112 Euros
Registration Court	Bobigny (93)	Legal form	Limited Liability Company
Court Registry Number	00 B 04284	EUR VAT Number	FR24326876521
Incorporation Date	04/1983	Formation Date	03/1983
Deregistration Date		Last account Date	31/03/2011
Nationality	France

Establishment details

Activity (APE)	Commerce de gros (commerce interentreprises) de textiles (4641Z)	Business Pages FT®
Postal Address	LUTON 13 RUE REGINE GOSSET 93300 AUBERVILLIERS	Trading Address	13 RUE REGINE GOSSET 93300 AUBERVILLIERS
Telephone	01 48 11 09 50
Fax

Type	Head office	Status	Economically active
Formation Date	11/2000	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	3	Area	92
City	AUBERVILLIERS	Size of urban area	Paris conglomeration

Other establishments

Branches	2 branch entities in this company
Head office	> LUTON <<<  - Commerce de gros (commerce interentreprises) de textiles (4641Z)  in AUBERVILLIERS  (93300)
Secondary establishments	>  LUTON  - Commerce de gros (commerce interentreprises) de textiles (4641Z)  in BONNEUIL SUR MARNE  (94380)

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

3 to 5 employees

Company workforce

3 to 5 employees

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
12/03/2012	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 10756 - 326876521 RCS. LUTON. Forme : Société à responsabilité limitée. Adresse : 13 rue Regine Gosset 93300 Aubervilliers. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2011.
14/03/2011	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 9650 - 326876521 RCS. LUTON. Forme : Société à responsabilité limitée. Adresse : 13 rue Regine Gosset 93300 Aubervilliers. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2010.
07/09/2010	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 8318 - 326876521 RCS. LUTON. Forme : Société à responsabilité limitée. Adresse : 13 rue Regine Gosset 93300 Aubervilliers. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2009.
07/04/2009	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 10975 - 326876521 RCS. LUTON. Forme : Société à responsabilité limitée. Adresse : 13 rue Regine Gosset 93300 Aubervilliers. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2008.
28/12/2007	Bodacc C	Avis de dépôt des comptes
11560 - 326 876 521. RCS Bobigny LUTON. Forme: Société à responsabilité limitée. Adresse du siège social: 13 rue Régine Gosset 93300 Aubervilliers. Comptes annuels et rapports de l'exercice clos le: 31 mars 2007.
23/11/2006	Bodacc B	Modifications et mutations diverses
3371 - RCS Bobigny B 326 876 521. RC 00-B 4284. LUTON. Forme : S.A.R.L. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : président du conseil de surveillance partant : SIMOES LOURENCO (Antonio). Modification d'un gérant : SOUTO DA SILVA MARQUES (Fernando). Vice-président du conseil de surveillance et membre partant : FERNANDES MOREIRAS (Maria de Jesus) (Nom d'usage : SOUTO). Membre du conseil de surveillance partant : MARQUES SOUTO (Manuel, Ernesto). Commissaire aux comptes titulaire partant : ALF. Commissaire aux comptes suppléant partant : SOCIETE CIVILE DE COMMISSAIRES AUX COMPTES ROLLAND SALVA ET AUTRES.
20/11/2006	Bodacc C	Avis de dépôt des comptes
6061 - RCS Bobigny B 326 876 521. RC 00-B 4284. LUTON. Forme: S.A. à directoire. Adresse du siège social: 13, rue Regine Gosset,93300 Aubervilliers. Comptes annuels et rapports de l'exercice clos le: 31 mars 2006.
19/03/2006	Bodacc C	Avis de dépôt des comptes
4139 - RCS Bobigny B 326 876 521. RC 00-B 4284. LUTON. Forme: S.A. à directoire. Adresse du siège social: 13, rue Regine Gosset,93300 Aubervilliers. Comptes annuels et rapports de l'exercice clos le: 31 mars 2005.
23/11/2005	Bodacc C	Avis de dépôt des comptes
2531 - RCS Bobigny B 326 876 521. RC 00-B 4284. LUTON. Forme: S.A. à directoire. Adresse du siège social: 13, rue Regine Gosset,93300 Aubervilliers. Comptes annuels et rapports de l'exercice clos le: 31 mars 2004.
31/10/2005	Bodacc B	Modifications et mutations diverses
2314 - RCS Bobigny B 326 876 521. RC 00-B 4284. LUTON. Forme : S.A. à directoire. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : HEULIN-BODROS (Christine). Commissaire aux comptes suppléant partant : COULAUD (Odile). Nomination d'un commissaire aux comptes titulaire : ALF. Nomination d'un commissaire aux comptes suppléant : STE CIVILE DE COMMISSAIRES AUX COMPTES ROLLAND SALVA ET AUTRES.
10/06/2003	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 326876521 RC 00-B 4284 LUTON. Forme : S.A. à directoire. Commentaires : modification survenue sur l'administration. Administration : vice- président du conseil de surveillance partant : LOYER (Marcel, Jean, Joseph). Membre du conseil de surveillance partant : AVINET (André, Charles). Directeur général unique et membre du directoire partant : SIMOES (Sébastien). Nomination du directeur général unique et membre du directoire : SOUTO DA SILVA MARQUES (Fernando). Nomination d' un vice-président du conseil de surveillance et membre : FERNANDES MOREIRAS (Maria de Jésus) ( Nom d'usage SOUTO). Nomination d'un membre du conseil de surveillance : MARQUES SOUTO (Manuel, Ernesto).
21/07/2002	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 326876521 RC 00-B 4284 LUTON. Forme : S.A. à directoire. Commentaires : modification survenue sur l'administration. Administration : directeur général unique et membre du directoire partant : SIMOES (Stéphanie) ( Nom d'usage : PRAGOSA). Nomination d' un membre du directoire et directeur général : SIMOES (Sébastien).
07/01/2001	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 326876521 RC 00-B 4284 LUTON. Forme : S.A. à directoire. Commentaires : modification survenue sur l'administration. Administration : membre du directoire partant : SIMOES ( Sébastien). Modification du directeur général et membre du directoire : SIMOES (Stéphanie) ( Nom d'usage : PRAGOSA).
30/11/2000	Bodacc B	Modifications et mutations diverses
RCS Bobigny B 326876521 RC 00-B 4284 LUTON. Forme : S.A. à directoire. Capital : 250 000 F. Activité : fabrication, négoce d'articles textiles, de linge de maison, de pret-à-porter, ainsi que tout ce qui se rapporte à l'habillement, à l' aménagement de la maison ou d'autres articles de jeux et de loisirs. Adresse du siège social : 13 rue Regine-Gosset, 93300 Aubervilliers. Administration : président du conseil de surveillance : SIMOES (Lourenço, Antonio). Vice- président du conseil de surveillance : LOYER (Marcel, Jean, Joseph). Membre du conseil de surveillance : AVINET (André, Charles). Président du directoire : SIMOES (Stéphanie) ( Nom d'usage : PRAGOSA). Membre du directoire : SIMOES (Sébastien). Commissaire aux comptes titulaire : HEULIN BODROS (Christine). Commissaire aux comptes suppléant : COULAUD (Odile). Commentaires : cette société transfère son siège du 6 rue Sedaine, 75011 Paris. Ancien RC : 83-B 2995. Date d'effet : 1er novembre 2000.
03/10/1999	Bodacc B	Modifications et mutations diverses
RCS Paris B 326876521 RC 83-B 2995 LUTON. Forme : S.A. à directoire et conseil de surveillance. Commentaires : modification survenue sur l' administration. Administration : commissaire aux comptes titulaire partant : SARDET (Pierre). Nomination du commissaire aux comptes titulaire : HEULIN-BODROS (Christine). Commissaire aux comptes suppléant partant : ETUDES ET CONSEILS. Nomination du commissaire aux comptes suppléant : COULAUD (Odile).
03/10/1999	Bodacc B	Modifications et mutations diverses
RCS Paris B 326876521 RC 83-B 2995 LUTON. Forme : S.A. à directoire et conseil de surveillance. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : nomination du président du directoire : PRAGOSA, née SIMOES ( Stéphanie). Nomination d'un membre du directoire : SIMOES (Sébastien). Modification du président du conseil de surveillance : SIMOES (Antonio, Lourenco). Nomination du vice-président et membre du conseil de surveillance : LOYER (Marcel, Jean, Joseph). Nomination d'un membre du conseil de surveillance : AVINET (André, Charles). Directeur général et administrateur partant : LOURENCO, née LOYER SIMOES ( Lucette, Marie, Hélène). Administrateur partant : DOS SANTOS, née DAS NEVES SIMOES (Maria, Amilia).
28/02/1999	Bodacc A	Création d'établissement
RCS Paris B 420 957 953 ORCHIDEE M. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 25 rue Popincourt 75011 Paris Etablissement Complémentaire. Activité : droit au bail. Adresse : 11 rue Sedaine 75011 Paris Droit au bail, dépendant de l' établissement complémentaire, acquis par cession au prix stipulé de 120 000 F. Date d'effet : 29 janvier 1999. Précédent propriétaire : LUTON. RCS B 326 876 521 Publication légale: Le Quotidien juridique du 12 février 1999. Oppositions : Me Salzes, notaire, 10 rue de la Soeur-Rosalie, 75013 Paris.

COMPANY EVENTS HISTORY

Date	Description
15/03/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
12/03/2012	Bodacc C : Deposit accounts notice
31/03/2011	New accounts available
14/03/2011	Bodacc C : Deposit accounts notice
24/12/2010	Collection of preferential rights activated for this company
07/09/2010	Bodacc C : Deposit accounts notice
31/03/2010	New accounts available
07/04/2009	Bodacc C : Deposit accounts notice
31/03/2009	New accounts available
31/03/2008	New accounts available
31/03/2007	New accounts available
08/11/2006	Audit or Management Report
08/11/2006	Minutes of general meeting of shareholders
08/11/2006	New legal form – no new category
08/11/2006	Private document
08/11/2006	Appointment/resignation of company officers
08/11/2006	Updated articles of association
31/03/2006	New accounts available
23/09/2005	Minutes of general meeting of shareholders
23/09/2005	Private document
23/09/2005	Nomination/démission des organes de gestion
23/09/2005	PV d'Assemblée
23/09/2005	Appointment/resignation of company officers
23/09/2005	Acte sous seing privé
23/09/2005	Changement de Commissaire aux Comptes
23/09/2005	New auditor
31/03/2005	New accounts available
31/03/2004	New accounts available
27/05/2003	PV d'Assemblée
27/05/2003	Nomination/démission des organes de gestion
27/05/2003	Acte sous seing privé
31/03/2003	New accounts available
09/07/2002	Acte modificatif
09/07/2002	PV d'Assemblée
09/07/2002	Acte sous seing privé
20/12/2000	Acte sous seing privé
20/12/2000	Nomination/démission des organes de gestion
20/12/2000	PV d'Assemblée
16/11/2000	PV d'Assemblée
16/11/2000	Acte sous seing privé
16/11/2000	Immatriculation suite à transfert
16/11/2000	Statuts mis à jour
17/09/1999	Nomination/démission des organes de gestion
17/09/1999	Modification du système d'administration des S.A.
17/09/1999	Acte sous seing privé
17/09/1999	Changement de Commissaire aux Comptes
17/09/1999	Statuts mis à jour
17/09/1999	PV d'Assemblée
01/12/1992	Nomination/démission des organes de gestion
01/12/1992	Augmentation de Capital
01/12/1992	PV du Conseil d'Administration
01/12/1992	Statuts mis à jour
01/12/1992	PV d'Assemblée
01/12/1992	Changement de Forme Juridique sans changement de catégorie
01/12/1992	Déclaration de conformité
22/09/1992	Acte modificatif
12/06/1992	Cession de parts
12/06/1992	Acte sous seing privé

ESTABLISHMENT EVENTS HISTORY

Date	Description
25/12/2012	Update Rating
25/12/2012	Update Limit
27/10/2012	Update Rating
12/08/2012	Update Rating
15/03/2012	Update Rating
15/03/2012	Update Limit
27/12/2011	Update Limit
27/12/2011	Update Rating
28/11/2011	Update Rating
25/02/2011	Update Limit
25/02/2011	Update Rating
02/10/2010	Update Rating
18/08/2010	Update Limit
18/08/2010	Update Rating
04/01/2010	Update Limit
30/12/2009	Update Rating
06/12/2009	Update Limit
05/12/2009	Update Rating
01/04/2009	Update Limit
01/04/2009	Update Rating
14/02/2009	Update Limit
14/02/2009	Update Rating
06/12/2008	Update Limit
06/12/2008	Update Rating
16/12/2007	Update Limit
10/12/2007	Update Limit
23/11/2007	Update Limit
11/04/2007	Update Limit
11/04/2007	Update Rating
10/01/2007	Update Limit
10/01/2007	Update Rating

NOTES & COMMENTS

N/a

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.64
UK Pound	1	Rs.87.45
Euro	1	Rs.72.65

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.