|
Report Date : |
30.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
FPS
FAMOUS PACIFIC SHIPPING B.V. |
|
|
|
|
Registered Office : |
Van
Riemsdijkweg 78 3088HD Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
05.03.2001 |
|
|
|
|
Legal Form : |
Besloten
Vennootschap |
|
|
|
|
Line of Business : |
Cargo
trade and tanker trade (sea transport) |
|
|
|
|
No. of Employees : |
13 |
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
|
Company name |
FPS Famous Pacific
Shipping B.V. |
|
Tradename |
FPS Famous Pacific
Shipping B.V. |
|
|
OWL Ocean World Lines
(Netherlands) |
|
|
E-Lines Shipping
Netherlands |
|
|
MSL Shipping Netherlands |
|
Address |
Van Riemsdijkweg 78 |
|
|
3088HD Rotterdam |
|
|
Netherlands |
|
Mail address |
Van Riemsdijkweg 78 |
|
|
3088HD Rotterdam |
|
|
Netherlands |
|
Telephone number |
0102831919 |
|
Telefax number |
0102831910 |
|
E-mail address |
|
|
Website |
|
|
VAT number / RSIN |
809653035 |
Handelsregisternummer 24312952
Registered in Chamber
of commerce Rotterdam
First registration 05-03-2001
Act of foundation 27-02-2001
Date of constitution
01-11-2000
Continuation date 27-02-2001
Legal form Besloten
Vennootschap
|
Place of constitution |
Rotterdam |
|
Issued capital |
20.000 |
|
Paid up capital |
20.000 |
|
NACE-code |
Cargo trade and tanker
trade (sea transport) (61101) |
|
SBI-code |
Sea and coastal water
transport (cargo and tank ships) (50201) |
|
Formal objective |
Het uitoefenen van een
expeditiebedrijf alsmede de groothandel in ongeregelde goods en |
|
|
containers |
|
Employees |
Total: 13 |
|
|
|
Employees according to CoC |
Chamber of commerce: 13 |
|
|
|
Bookyear |
2013 |
2012 |
2011 |
|
Number |
13 |
13 |
20 |
|
Change |
0,00% |
-35,00% |
53,85% |
|
Shareholder |
Rotterdam
Harbour Holding B.V. |
|
|
Van
Riemsdijkweg 78 |
|
|
3088HD
ROTTERDAM |
|
|
Netherlands |
|
|
KvK:
24391558 |
|
|
Active
since: 18-02-2006 |
|
|
Percentage:
100.00% |
|
Ultimate parent company |
ETC
Etcetera Beheer B.V. |
|
|
Van
Riemsdijkweg 78 |
|
|
3088HD
ROTTERDAM |
|
|
KvK:
24280473 |
|
Holding company |
Rotterdam
Harbour Holding B.V. |
|
|
Van
Riemsdijkweg 78 |
|
|
3088HD
ROTTERDAM |
|
|
KvK:
24391558 |
|
Affiliated companies |
Trans
Ocean Pacific Forwarding B.V. |
|
|
Van
Riemsdijkweg 78 |
|
|
3088HD
Rotterdam |
|
|
KvK:
24195259 |
|
|
RCS
Rotterdam Consolidation Services B.V. |
|
|
Van
Riemsdijkweg 78 |
|
|
3088HD
ROTTERDAM |
|
|
KvK:
34103353 |
Bank
ABN
Amro Bank NV
Real
estate Unknown
The real estate is checked at the land
registration office
Management
Rotterdam
Harbour Holding B.V.
Van Riemsdijkweg 78
3088HD ROTTERDAM
Netherlands
KvK: 24391558
Authorization: Fully authorized
Position: Manager
Date appointed: 18-02-2006
P. Brands
Paul
Authorization: Limited authorization
Position: Proxy
Date appointed: 18-07-2012
Date of birth: 18-05-1977
S.C. de Jong
Saskia Celina
Authorization: Fully authorized
Position: Proxy
Date appointed: 05-09-2001
Date of birth: 16-06-1975
P. de Kramer
Petra
Authorization: Limited authorization
Position: Proxy
Date appointed: 19-03-2012
Date of birth: 22-06-1984
Publication
financial statement Annual accounts 2011
are published on 23-08-2012
Annual accounts 2010 are published on 23-08-2011
Annual accounts 2009 are published on 08-07-2010
Annual accounts 2008 are published on 02-09-2009
Annual accounts 2007 are published on 23-01-2009
Type
of publication Corporate
Publication
Publication
according to obligations by law
|
BOOKYEAR |
2011 |
2010 |
2009 |
|
Quick ratio |
1,13 |
1,10 |
1,17 |
|
Current ratio |
1,13 |
1,10 |
1,17 |
|
Nett workingcapital / Balance total |
0,11 |
0,09 |
0,14 |
|
Capital and reserves / Balance total |
0,11 |
0,09 |
0,14 |
|
Capital and reserves / Fixed assets |
- |
- |
- |
|
Solvency |
0,13 |
0,10 |
0,17 |
|
Nett workingcapital |
267.186 |
183.717 |
255.114 |
|
Capital and reserves |
267.186 |
183.717 |
255.114 |
|
Change capital and reserves |
45,43% |
-27,99% |
-27,39% |
|
change short term liabilities |
9,63% |
24,46% |
23,60% |
Annual
accounts The
company is obligated to publish its annual accounts
Last
annual accounts 2011
Type
of publication Consolidated
Gross
profit 2011:
3.781.035
Operating
profit 2011:
1.024.784
Result
after taxes 2011:
847.342
Tendency
Changeable
Capital
and reserves 2011 267.186
Total
debt 2011
2.059.714
Current
ratio 2011
1,13
Quick
ratio 2011
1,13
Nett
workingcapital 2011
267.186
Profitability
Positive
Solvency
Limited
Liquidity
Limited
Currency
Euro
|
BALANCE |
|
|
|
|
BOOKYEAR |
2011 |
2010 |
2009 |
|
End of bookyear |
31-12-2011 |
31-12-2010 |
31-12-2009 |
|
Accounts receivable Liquid assets Current
assets |
1.884.673 442.227 2.326.900 |
1.897.315 165.149 2.062.464 |
1.530.143 234.532 1.764.675 |
|
Total assets |
2.326.900 |
2.062.464 |
1.764.675 |
|
|
|||
|
Capital and reserves Total short term debt
Total debt |
267.186 2.059.714 2.059.714 |
183.717 1.878.747 1.878.747 |
255.114 1.509.561 1.509.561 |
|
Total Liabilities |
2.326.900 |
2.062.464 |
1.764.675 |
|
Management |
Per 18-07-2012 is |
Proxy |
Paul Brands appointed. |
|
|
Per 19-03-2012 is |
Proxy |
Petra de Kramer appointed. |
|
|
Per 29-02-2012 is |
Proxy |
Marcel van der Wielen out of office. |
• ETC Etcetera Beheer B.V.
(24280473) ROTTERDAM
o Rotterdam Harbour Holding B.V. (24391558)
ROTTERDAM
Management relation
■ Trans Ocean Pacific
Forwarding B.V. (24195259) Rotterdam
Subsidiary (100%)
■ FPS Famous Pacific Shipping
B.V. (24312952) Rotterdam
Subsidiary (100%)
■ RCS Rotterdam Consolidation Services B.V.
(34103353)
ROTTERDAM
Management relation o EWC East Way Commodities
B.V. (50334417)
ROTTERDAM
Management
relation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
|
|
1 |
Rs.82.32 |
|
Euro |
1 |
Rs.69.54 |
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.