MIRA
INFORM REPORT
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Report Date : |
18.06.2013 |
IDENTIFICATION DETAILS
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Name : |
G.I. DYNAMICS B.V. |
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Registered Office : |
Papeweg 9, 2245AD Wassenaar |
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Country : |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
26.02.2010 |
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Com. Reg. No.: |
27372897 |
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Legal Form : |
Limited Company |
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Line of Business : |
· Public Relations Offices Organisational Planning |
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No. of Employees : |
06 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source : CIA |
CONTACT INFORMATION
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Company name |
G.I. Dynamics B.V. |
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Tradename |
G.I.
Dynamics B.V. |
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Address |
Papeweg 9 |
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2245AD
Wassenaar |
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Netherlands |
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Mail address |
Papeweg 9 |
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2245AD
Wassenaar |
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Netherlands |
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Telephone number |
0705117115 |
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Mobile phone |
0610341874 |
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E-mail address |
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Website |
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VAT number / RSIN |
822082755 |
COMPANY INFORMATION
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Handelsregisternummer |
27372897 |
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Registered in |
Chamber of commerce Den Haag |
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First registration |
26-02-2010 |
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Act of foundation |
24-02-2010 |
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Date of constitution |
24-02-2010 |
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Legal form |
Besloten Vennootschap (Limited
Company) |
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Place of constitution |
Wassenaar |
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Issued capital |
50.000 |
Paid up capital 50.000
NACE-code Public
relations offices (74141)
SBI-code Organisational
planning (70221)
Formal objective Advisering
op het gebied van organisatie en managementstructuur,
maatschappelijk verantwoord ondernemen,
engineering, real estate development en strategische investments. Het deelnemen
in en management voeren over andere companies. Beleggingen, financieringen,
zekerhedenstellen
(Consultancy in the field of organization
and management,
corporate social responsibility,
engineering, real estate development and strategic investments. Participation
in management and conduct of other companies. Investments, loans, guarantees
set)
Employees Total:
6
Employees according to CoC Chamber
of commerce: 6
Bookyear
2013 2012 2011
Number 6
8 8
Change -25,00%
0,00% 0,00%
COMPANY STRUCTURE
Shareholder VCM
Holding B.V.
Papeweg 9
2245AD WASSETO
Netherlands
KvK: 28117792
Active since: 24-02-2010
Percentage: 100.00%
Holding company VCM
Holding B.V.
Papeweg 9
2245AD WASSETO
KvK: 28117792
Affiliated companies Essential
Industrial Services B.V.
Starrenburglaan 11
2251AG VOORSCHOINN
KvK: 54868815
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Real estate |
Lease |
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The real estate is
checked at the land registration office |
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Object code: WASSETO C
1134 |
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Owner: Wilhelmus Petrus
Maria van der Zande |
MANAGEMENT
Management VCM
Holding B.V.
Papeweg 9
2245AD WASSETO
Netherlands
KvK: 28117792
Authorization: Fully authorized
Position: Manager
Date appointed: 24-02-2010
E.C. van der Zande - van de Wal
Elise Conrada
Authorization: Fully authorized
Position: Proxy
Date appointed: 01-03-2010
Date of birth: 31-07-1964
PAYMENT INFORMATION
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Payment experiences |
No
complaints are known |
FINANCIAL INFORMATION
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Publication financial statement |
Annual accounts 2012 are published
on 24-04-2013 |
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Annual accounts 2011 are published
on 25-04-2012 |
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Annual accounts 2010 are published
on 13-04-2011 |
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Type of publication |
Corporate |
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Publication |
Steady |
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CORE FIGURES |
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BOOKYEAR |
2012 |
2011 |
2010 |
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Quick ratio |
2,50 |
2,56 |
0,88 |
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Current ratio |
2,50 |
2,56 |
0,88 |
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Nett workingcapital / Balance
total |
0,54 |
0,51 |
-0,13 |
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Capital and reserves / Balance
total |
0,64 |
0,37 |
-0,07 |
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Solvency |
1,80 |
0,58 |
-0,07 |
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Capital and reserves / Fixed
assets |
5,96 |
2,16 |
-1,23 |
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Nett workingcapital |
64.559 |
40.847 |
-9.888 |
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Capital and reserves |
77.580 |
29.516 |
-5.461 |
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Change capital and reserves |
162,84% |
640,49% |
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change short term liabilities |
64,27% |
-67,58% |
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Annual accounts The
company is obligated to publish its annual accounts
Last annual accounts 2012
Tendency Changeable
Tendency capital
and reserves
Capital and reserves 2012
77.580
Total debt 2012
43.029
Current ratio 2012
2,50
Quick ratio 2012
2,50
Nett workingcapital 2012
64.559
BALANCE sheet
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BOOKYEAR |
2012 |
2011 |
2010 |
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End of bookyear |
31-12-2012 |
31-12-2011 |
31-12-2010 |
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Tangible assets |
13.021 |
13.669 |
4.427 |
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Fixed assets |
13.021 |
13.669 |
4.427 |
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Accounts receivable |
89.380 |
48.551 |
36.133 |
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Liquid assets |
18.208 |
18.490 |
34.763 |
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Current assets |
107.588 |
67.041 |
70.896 |
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Total assets |
120.609 |
80.710 |
75.323 |
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Capital and reserves |
77.580 |
29.516 |
-5.461 |
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Long term liabilities |
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25.000 |
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Total short term debt |
43.029 |
26.194 |
80.784 |
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Total debt |
43.029 |
51.194 |
80.784 |
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Total Liabilities |
120.609 |
80.710 |
75.323 |
History
Management Per
01-03-2010 is Proxy Elise Conrada van der Zande-van de Wal appointed.
Per 24-02-2010
manager 28117792 Essential Industrial Services B.V. appointed.
Company structure
VCM Holding B.V. (28117792)
WASSETO
G.I. Dynamics B.V.
(27372897)
Wassenaar
Subsidiary (100%)
Essential
Industrial Services B.V. (54868815)
VOORSCHOINN
Subsidiary
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.73 |
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UK Pound |
1 |
Rs.90.61 |
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Euro |
1 |
Rs.76.96 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.