MIRA INFORM REPORT
|
Report Date : |
29.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
REMA-TIP TOP NETHERLANDS B.V. |
|
|
|
|
Registered Office : |
Westervoortsedijk 73 6827AV Arnhem |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
01.01.1977 |
|
|
|
|
Com. Reg. No.: |
30054594 |
|
|
|
|
Legal Form : |
Besloten Vennootschap |
|
|
|
|
Line of Business : |
Wholesale of bicycles and mopeds |
|
|
|
|
No. of Employees : |
23 |
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 : |
Usually Correct |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
NETHERLANDS - ECONOMIC OVERVIEW
The Dutch economy is the sixth-largest economy in the
euro-zone and is noted for its stable industrial relations, moderate
unemployment and inflation, a sizable trade surplus, and an important role as a
European transportation hub. Industrial activity is predominantly in food
processing, chemicals, petroleum refining, and electrical machinery. A highly
mechanized agricultural sector employs only 2% of the labor force but provides
large surpluses for the food-processing industry and for exports. The
Netherlands, along with 11 of its EU partners, began circulating the euro
currency on 1 January 2002. After 26 years of uninterrupted economic growth,
the Dutch economy - highly dependent on an international financial sector and
international trade - contracted by 3.5% in 2009 as a result of the global
financial crisis. The Dutch financial sector suffered, due in part to the high
exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the
government nationalized two banks and injected billions of dollars of capital
into other financial institutions, to prevent further deterioration of a
crucial sector. The government also sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. The
stimulus programs and bank bailouts, however, resulted in a government budget deficit
of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008.
The government of Prime Minister Mark RUTTE began implementing fiscal
consolidation measures in early 2011, mainly reductions in expenditures, which
resulted in an improved budget deficit in 2011. In 2012 tax revenues dropped
nearly 9%, GDP contracted, and the budget deficit deteriorated. Although
jobless claims continued to grow, the unemployment rate remained relatively low
at 6.8 percent.
Source
: CIA
CONTACTINFORMATION
|
Company
name |
REMA-Tip Top Netherlands B.V. |
|
Tradename |
REMA-Tip Top Netherlands B.V. |
|
|
Simson |
|
|
REMA TIP TOP Oskamp Equipment |
|
Address |
Westervoortsedijk 73 |
|
|
6827AV Arnhem |
|
|
Netherlands |
|
Mail
address |
Postbus 5312 |
|
|
6802EH Arnhem |
|
|
Netherlands |
|
Telephone
number |
0267508383 |
|
Telefax
number |
0267508398 |
|
E-mail
address |
|
|
Website |
www. rema-tiptop.nl |
|
VAT
number / RSIN |
003980765 |
COMPANY INFORMATION
Handelsregisternummer
30054594
Registered in Chamber of commerce
Centraal Gelderland
Act of foundation 21-03-1977
Date of
constitution 01-01-1977
Continuation date 21-03-1977
Last change in statutes
13-12-2011
Legal form Besloten
Vennootschap
|
Place
of constitution |
Arnhem |
|
Capital |
EUR |
|
Issued
capital |
EUR 75.000 |
|
Paid
up capital |
EUR 75.000 |
|
NACE-code |
Wholesale of bicycles and mopeds (51486) |
|
SBI-code |
Wholesale and commission trade of motor vehicle parts and
accessories (no tyres) |
|
|
(45311) |
|
|
Wholesale of bicycles and mopeds (46491) |
|
Formal
objective |
Im- en export van, alsmede handel in industriele produkten,
machinery en appparatuur, |
|
|
autotoebehoren en garageinrichtingen in de ruimste zin.
Groothandel in tweewieler |
|
|
onderdelen. |
|
Employees |
Total: 23 |
|
|
|
Employees
according to CoC |
Chamber of commerce: 23 |
|
|
|
Bookyear |
2013 |
2012 |
2011 |
|
Number |
23 |
56 |
43 |
|
Change |
-58,93% |
30,23% |
2,38% |
COMPANY STRUCTURE
Shareholder Rupro Beheer B.V.
Westervoortsedijk 73
6827AV ARNHEM
Netherlands
KvK: 30090220
Active since: 19-05-2009
Percentage: 100.00%
Ultimate parent
company Stichting Administratiekantoor
Faga Beleggingen
Joris van der Haagenlaan 50
6814LL ARNHEM
KvK: 41051797
Holding company Rupro Beheer B.V.
Westervoortsedijk 73
6827AV ARNHEM
KvK: 30090220
Affiliated
companies Internationale
Handelsonderneming "Explora" B.V.
Maxwellstraat 4
6716BX EDE GLD
KvK: 09035762
Transportbanden Service Netherlands B.V.
Westervoortsedijk 73
6827AV ARNHEM
KvK: 09069244
T-REX Rubber International B.V.
Westervoortsedijk 73
6827AV ARNHEM
KvK: 09122091
Prema Online Benelux B.V.
Westervoortsedijk 73
6827AV ARNHEM
KvK: 20126786
Brekupa Technics B.V.
Strijkviertel 63
3454PK DE MEERN
KvK: 53841166
Rokafast Apeldoorn B.V.
Het Verlaat 119
7325HD Apeldoorn
KvK: 08209767
Tempo Trommels & Rollen B.V.
Medemblikkersluisweg 6
1775RH MIDDENMEER
KvK: 37085001
Amtech Automotive B.V.
Televisieweg 40
1322AM Almere
KvK: 52616630
|
Bank |
ABN Amro Bank NV |
|
|
ING Bank NV |
|
|
Rabobank Netherlands |
|
Real
estate |
Lease |
|
|
The real estate is checked at the land registration office |
|
|
Object code: ARNHEM D 5286 |
|
|
Owner: De Kleef Bv |
MANAGEMENT
|
Management |
Rupro Beheer B.V. |
|
|
Westervoortsedijk 73 |
|
|
6827AV ARNHEM |
|
|
Netherlands |
|
|
KvK: 30090220 |
|
|
Authorization: Fully authorized |
|
|
Position: Manager |
|
|
Date appointed: 20-06-2011 |
|
|
M. Aberson |
|
|
Marco |
|
|
Authorization: Limited authorization (max: € 100.000) |
|
|
Position: Proxy |
|
|
Date appointed: 23-09-2011 |
|
|
Date of birth: 28-11-1974 |
FINANCIAL INFORMATION
Publication financial statement Annual accounts 2012 are published
on 11-06-2013
Annual accounts 2011 are published on 26-09-2012
Annual accounts 2010 are published on 25-05-2011
Annual accounts 2009 are published on 19-01-2011
Annual accounts 2008 are published on 01-05-2009
Type of publication
Corporate
Publication Steady
CORE FIGURES
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
Quick
ratio |
0,52 |
0,67 |
0,64 |
|
Current
ratio |
1,20 |
1,56 |
1,33 |
|
Nett
workingcapital / Balance total |
0,15 |
0,33 |
0,22 |
|
Capital
and reserves / Balance total |
0,21 |
0,41 |
0,32 |
|
Capital
and reserves / Fixed assets |
3,53 |
4,88 |
3,28 |
|
Solvency |
0,27 |
0,71 |
0,48 |
|
Nett
workingcapital |
1.166.280 |
1.488.798 |
1.057.327 |
|
Capital
and reserves |
1.626.661 |
1.872.185 |
1.520.919 |
|
Change
capital and reserves |
-13,11% |
23,10% |
51,29% |
|
change
short term liabilities |
125,65% |
-17,22% |
-25,99% |
|
Nett
Turnover |
15.753.689 |
14.700.772 |
13.997.660 |
|
Operating
profit |
498.350 |
1.181.791 |
1.246.082 |
|
Profitability
operating profit |
positive |
positive |
positive |
|
Annual
accounts |
The company is obligated to publish its annual accounts |
|
|
Last
annual accounts |
2012 |
|
|
Type
of publication |
Corporate |
|
|
Turnover |
2012: |
15.753.689 |
|
|
2011: |
14.700.772 |
|
|
2010: |
13.997.660 |
|
Gross
profit |
2012: |
4.836.886 |
|
|
2009: |
4.060.776 |
|
|
2008: |
4.399.397 |
|
|
2007: |
4.614.000 |
|
|
2006: |
4.475.000 |
|
Operating
profit |
2012: |
498.350 |
|
|
2011: |
1.181.791 |
|
|
2010: |
1.246.082 |
|
|
2009: |
111.034 |
|
|
2008: |
481.022 |
|
|
2007: |
970.000 |
|
|
2006: |
1.141.000 |
|
Result
after taxes |
2012: |
355.640 |
|
|
2011: |
883.222 |
|
|
2010: |
887.622 |
|
|
2009: |
51.967 |
|
|
2008: |
313.174 |
|
|
2007: |
712.000 |
|
|
2006: |
742.000 |
|
Tendency |
Changeable |
|
BALANCE
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
End
of bookyear |
31-12-2012 |
31-12-2011 |
31-12-2010 |
|
Intangible
assets |
20.000 |
|
|
|
Tangible
assets |
440.381 |
383.387 |
463.592 |
|
Fixed
assets |
460.381 |
383.387 |
463.592 |
|
|
|||
|
Stocks
and work in progress |
4.028.047 |
2.372.564 |
2.205.755 |
|
Trade
debtors |
55.652 |
|
|
|
Other
amounts receivable |
3.060.225 |
|
|
|
Accounts
receivable |
3.115.877 |
1.765.070 |
1.954.110 |
|
Liquid
assets |
350 |
455 |
97.845 |
|
Current
assets |
7.144.274 |
4.138.089 |
4.257.710 |
|
Total
assets |
7.604.655 |
4.521.476 |
4.721.302 |
|
|
|||
|
Capital
and reserves |
1.626.661 |
1.872.185 |
1.520.919 |
|
Total
short term debt |
5.977.994 |
2.649.291 |
3.200.383 |
|
Total
debt |
5.977.994 |
2.649.291 |
3.200.383 |
|
Total
Liabilities |
7.604.655 |
4.521.476 |
4.721.302 |
|
|
|||
|
PROFIT
& LOSS ACCOUNT |
|
|
|
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
Turnover |
16.227.689 |
14.700.772 |
13.997.660 |
|
Other
operating income |
474.000 |
|
|
|
Nett
Turnover |
15.753.689 |
14.700.772 |
13.997.660 |
|
Gross
profit |
4.836.886 |
|
|
|
Wages
employees |
2.702.987 |
|
|
|
Sales
costs |
10.916.803 |
|
|
|
Depreciation
and amortization |
137.950 |
|
|
|
Other
operating charges |
1.971.599 |
|
|
|
Operating
charges |
15.729.339 |
13.518.981 |
12.751.578 |
|
Operating
profit |
498.350 |
1.181.791 |
1.246.082 |
|
Financial
charges |
38.653 |
|
|
|
Financial
result |
-38.653 |
-19.982 |
-28.152 |
|
Result
before taxes |
459.697 |
1.161.809 |
1.217.930 |
|
Income
taxes |
104.057 |
278.587 |
330.308 |
|
Result
after taxes |
355.640 |
883.222 |
887.622 |
|
Nett
result |
355.640 |
883.222 |
887.622 |
History
Management Per 23-09-2011 is Proxy Marco
Aberson appointed.
Per 20-06-2011 manager 30090220 Rupro Beheer B.V. appointed.
Per 20-06-2011 manager Bernard Pieter de Graaf out of office.
Modifications Per 13-12-2011 statutes modified.
Office changed to: Arnhem.
Company structure
Stichting
Administratiekantoor Faga Beleggingen (41051797)
ARNHEM
- Faga Beleggingen B.V. (09028186)
ARNHEM
Subsidiary
- Faga Pensioen B.V. (09086294)
ARNHEM
Subsidiary (100%)
- Adventure Capital B.V. (09170261)
OOSINRBEEK
Management relation
- Ducom Real estate B.V. (09066624)
OOSINRBEEK
Management relation
- Rupro Beheer B.V. (30090220)
ARNHEM
Management relation
- Internationale Handelsonderneming
"Explora" B.V. (09035762)
EDE GLD
Subsidiary (100%)
- Transportbanden Service Netherlands B.V.
(09069244)
ARNHEM
Subsidiary (100%)
- T-REX Rubber International B.V. (09122091)
ARNHEM
Subsidiary (100%)
- Prema Online Benelux B.V. (20126786)
ARNHEM
Subsidiary (100%)
- REMA-Tip Top Netherlands B.V. (30054594)
Arnhem
Subsidiary (100%)
- Brekupa Technics B.V. (53841166)
DE MEERN
Subsidiary (100%)
- Rokafast Apeldoorn B.V. (08209767)
Apeldoorn
Management relation
- Tempo Trommels & Rollen B.V. (37085001)
MIDDENMEER
Management relation
- Amtech Automotive B.V. (52616630)
Almere
Management relation
- LED Commercials B.V. (50590812)
HERVELD
Management relation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.70 |
|
|
1 |
Rs.91.14 |
|
Euro |
1 |
Rs.77.97 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.