MIRA INFORM REPORT

 

 

Report Date :

23.03.2013

 

IDENTIFICATION DETAILS

 

Name :

PRO-ORTO PIOTR BUKOWSKI

 

 

Registered Office :

ul. Tadeusza 22, 05-420 Józefów

 

 

Country :

Poland

 

 

Date of Incorporation :

19.04.2006

 

 

Legal Form :

Natural persons conducting business activity

 

 

Line of Business :

wholesaler of handmade Persian carpets

 

 

No. of Employees :

01 to 09   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 :

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Poland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Poland - ECONOMIC OVERVIEW

 

Poland has pursued a policy of economic liberalization since 1990 and today stands out as a success story among transition economies. It is the only country in the European Union to avoid a recession through the 2008-09 economic downturn, although GDP per capita is still much below the EU average. Since 2004, EU membership and access to EU structural funds have provided a major boost to the economy. Unemployment has been 2% more than the EU average. Inflation reached a low of about 2.6% in 2010 due to the global economic slowdown, but climbed to 4.3% in 2011. Poland's economic performance could improve over the longer term if the country addresses some of the remaining deficiencies in its road and rail infrastructure and its business environment. An inefficient commercial court system, a rigid labor code, bureaucratic red tape, burdensome tax system, and persistent low-level corruption keep the private sector from performing up to its full potential. Weak revenues, together with rising demands to fund healthcare, education, and the state pension system caused the public sector budget deficit to rise to 7.8% of GDP in 2010, but the PO/PSL coalition government, which came to power in November 2007, took measures to shore up public finances - including increasing contributions to the public pension scheme at the expense of private pension funds - and reduced the deficit to 2.9% of GDP in 2011. For 2012 the coalition government has proposed further deficit-reducing reforms and to fulfill its promise to enact business-friendly reforms

 

Source : CIA

 


Company name & address

 

PRO-ORTO Piotr Bukowski

 

ul. Tadeusza 22
05-420 Józefów

Phone:    22 7893916

Mobile phone: 602 213 812

Fax:      22 7893916

E-mail:   p_bukowski@o2.pl

Website:  www.pro-orto.com.pl

 

 

 

COMPANY SUMMARY

 

                                        

Legal form        Natural persons conducting business activity

Stat.no.                        140517750         

Tax ID               PL 5321130921   

 

Establishment   19.04.2006       

Registration:     31.12.2011, Central Business Activity Registration and Information Office, No. NIP 5321130921

 

Data concerning previous registrations:

Municipal Office Józefów, No. 6477

 

           

                                                                                                                                                                                          

Owner   

 

Piotr Tadeusz Bukowski , personal ID no. (PESEL) 61112302051              

                       

 

Main activity 

 

wholesale of handmade Persian carpets             

 

Branches NACE 2007:

Wholesale of other household goods     (G.46.49.Z)

Other wholesale                         (G.46.90.Z)

Other reloading                                     (H.52.24.C)

Real estate renting                                 (L.68.20.Z)

 

 

Employment    2009:              1 to 9    employees 
2010:              1 to 9    employees

 

                                                                                                                                                                                       

Turnover          data not possible to obtain                    

                                                                                                                                                                                   

Financial statements

    

Balance data is not available due to the lack of balance data publication.

           

While rating the company, it is advisable to take into consideration information about the branch  , the company is acting in

 

(G.46.49.Z - NACE 2007), as at :            30.09.2012        31.12.2011        31.12.2010 31.12.2009      31.12.2008

Current ratio............................              1,62                  1,49                  1,74                  0,91                  1,00

Quick ratio..............................              0,94                  0,96                  1,27                  0,58                  0,62

Immediate ratio..........................                       0,09                  0,06                  0,08                  0,03                  0,05

Return on sale...........................                        2,35                  1,50                  4,15                  0,68                  0,77

Return on assets.........................          2,66                  2,47                  7,38                  1,38                  1,58

Return on equity.........................                       7,23                  7,25                  12,97                5,75                  7,64

Average trade debtors' days..............    91,05                99,56                82,03                65,02                68,97

Average stock turnover's days............   72,79                56,93                31,85                39,29                46,56

average payables payment period..........            108,48              110,48              69,61                120,95              124,52

Total indebtedness ratio.................       63,28                65,91                43,13                76,06                79,38

Percent share in the examinated group
of companies with net profit.............     66,70                73,50                76,10                81,00                81,60

Sales/revenue per employee in th. PLN.... 575,06            795,34              1 157,41            888,69              858,13

Average sales/revenue per company in
th. PLN..................................               48 177,00          69 147,59          110 608,07        100 358,07 106 837,11

                                     

according to the Central Statistical Office

 

Locations:                     seat: ul. Tadeusza 22, 05-420 Józefów
Phone:                          22 7893916
Mobile phone:               602 213 812
Fax:                              22 7893916
E-mail:                          p_bukowski@o2.pl
Website:                       www.pro-orto.com.pl

           

Real Estate                   No data

Verification of information on real estate ownership position through the Real Estate Register is not covered by the standard report.              

                                               

Connections:                Piotr Tadeusz Bukowski , personal ID no. (PESEL) 61112302051

-  BUPECO P. BUKOWSKI M. PERŁOWSKI SPÓŁKA JAWNA W LIKWIDACJI NIP 5320100361, ul. Tadeusza 22, 05-420 Józefów
  · shareholder
  · liquidator

-  POLSKA FUNDACJA OCHRONY DZIEDZICTWA KULTURY NIP 5242305042, ul. Tadeusza 25, 05-420 Józefów
  · member of supervisory board


-  ASMA POLSKA Sp. z o.o. NIP 5321877407, Wola Ducka, ul. Mostów 10, 05-408 Glinianka shareholder: PLN 7 500,00 (15,00%)        

 

Data concerning connections are valid as at: 28.02.2013.             

 

Banks                           Names of banks were not disclosed

                       

Payment Manner          In available sources, payment delays have not been noted         

 

Credit capability            Business connections should not be refused, credits require security     

                                    Due to no insight into financial situation of the company  

                       

      

      

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.34

UK Pound

1

Rs.82.56

Euro

1

Rs.70.10

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.