|
Report Date : |
07.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
DILLINGER GTS VENTES |
|
|
|
|
Registered Office : |
39 Rue Louis Blanc, 39 A 41 924, Courbevoie |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
2012 |
|
|
|
|
Date of Incorporation : |
01.12.1999 |
|
|
|
|
Com. Reg. No.: |
42886834300107 |
|
|
|
|
Legal Form : |
Public limited company with board of directors |
|
|
|
|
Line of Business : |
Other intermediaries in the sale of fuels,
metals, minerals and products chemical |
|
|
|
|
No. of Employees : |
19 (2011) |
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 : |
Slow but 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) |
|
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
The French economy is diversified
across all sectors. The government has partially or fully privatized many large
companies, including Air France, France Telecom, Renault, and Thales. However,
the government maintains a strong presence in some sectors, particularly power,
public transport, and defense industries. With at least 79 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, before stagnating
in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012.
Youth unemployment shot up to 24.2% during the third quarter of 2012 in
metropolitan France. Lower-than-expected growth and high unemployment costs
have strained France's public finances. The budget deficit rose sharply from
3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in
2012, while France's public debt rose from 68% of GDP to 89% over the same
period. Under President SARKOZY, Paris implemented some austerity measures 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. Socialist Party candidate Francois
HOLLANDE won the May 2012 presidential election, after advocating pro-growth
economic policies, the separation of banks' traditional deposit taking and
lending activities from more speculative businesses, increasing the top
corporate and personal tax rates, and hiring an additional 60,000 teachers
during his five-year term. The government's attempt to introduce a 75% wealth
tax on income over one million euros for two years was struck down by the
French Constitutional Council in December 2012 because it applied to
individuals rather than households. France ratified the EU fiscal stability
treaty in October 2012 and HOLLANDE's government has maintained France's
commitment to meeting the budget deficit target of 3% of GDP during 2013 even
amid signs that economic growth will be lower than the government's forecast of
0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs
declined during the second half of 2012 to euro-era lows.
|
Source : CIA |
Company Name DILLINGER GTS
VENTES
Company Registration Number 42886834300107
Country FR
Activity Code 4612B
Activity Description Autres
intermédiaires du commerce en combustibles,
métaux, minéraux
et produits
chimiques
(Other
intermediaries in the sale of fuels, metals, minerals and products chemical)
Company Status Economically
active
Latest Turnover 7,662,365.00 (EUR)
Latest Shareholders Equity 1,477,721.00 (EUR)
Profit Before Tax 120,928.00 (EUR)
Activities
Activity Code 4612B
Activity
Description Autres
intermédiaires du commerce en combustibles, métaux, minéraux et produits
chimiques
Basic Information
Company Name DILLINGER GTS
VENTES
Registered Company Name DILLINGER
INTERNATIONAL
Company Registration Number 42886834300107
Country FR
VAT Registration Number
FR48428868343
Date of Company Registration 01/01/2000
Date of Starting Operations 01/12/1999
Legal Form Public limited
company with board of directors
Company Status Economically
active
Principal Activity Code 4612B
Principal Activity Description Autres
intermédiaires du commerce
en combustibles, métaux, minéraux et
produits chimiques
Contact Address 39 RUE LOUIS
BLANC, 39 A 41 924
COURBEVOIE
Address 39 RUE LOUIS BLANC, 39 A 41 92400 COURBEVOIE
Country FR
Address 39 RUE LOUIS BLANC, 39 A 41 92400 COURBEVOIE
Country FR
Address COURBEVOIE, 92400
Country FR
Address VERTOU, 44120
Country FR
Address INDRE, 44610
Country FR
Address LYON 7EME, 69007
Country FR
Address STRASBOURG, 67200
Country FR
Address DUNKERQUE, 59140
Country FR
Address GRANDE SYNTHE, 59760
Country FR
Address DENAIN, 59220
Country FR
Address PUTEAUX, 92800
Country FR
Address STRASBOURG, 67000
Country FR
Address HOLTZHEIM, 67810
Country FR
Address SAINT DENIS, 93210
Country FR
Name M ROHR BERNARD
Gender Male
Date of Birth 06/02/1967
Position Managing director
Name M METZKEN FRED UWE
Gender Male
Date of Birth 04/08/1955
Position Administrator
Name M BLESSING
KARLHEINZ
Gender Male
Date of Birth 12/05/1957
Position Administrator
Name M LUXENBURGER
GUNTER
Gender Male
Date of Birth 10/11/1957
Position Administrator
Name MME ANITA
DEWISPELAERE DAUWE
Gender Female
Position Administrator
Name M GUNTER
LUXENBURGER
Gender Male
Date of Birth 10/11/1957
Position Administrator
Nominal Share Capital 700,000.00 (EUR)
Company Name Registration
Last
Number Financials
1 DHS - Dillinger Hütte Saarstahl AG HRB
24874 31/12/2011
2 SANTRANS SPEDITIONSGESELLSCHAFT MBH
2 Aktien Gesellschaft der Dillinger Hüttenwerke
(Société Anonyme des Forges et Aciéries de
Dilling) HRB
23001 31/12/2011
3 AncoferWaldram Steelplates B.V. 200316590000 31/12/2011
3 JEBENS GMBH, KORNTAL MUNCHINGEN
3 SANTRANS SPEDITIONSGESELLSCHAFT MBH
3 Fischer H.C. Eisen, Gesellschaft mit beschränkter
Haftung HRB
925
3 GTS INDUSTRIES 331620096
31/12/2012
4 EURODECOUPE 380608307
31/12/2012
4 ANCOFED 438301210
31/12/2012
3 ROGESA Roheisengesellschaft
Saar mit beschränkter Haftung HRB
24162 31/12/2011
3 EUROPIPE GmbH HRB
17840 31/12/2011
3 Saarlux Stahl GmbH & Co. KG HRA
13639 31/12/2010
3 ANCOFER Stahlhandel GmbH HRB
14512 31/12/2011
3 Trans-Saar B.V. 241671170000
31/12/2012
3 DILLINGER INTERNATIONAL 428868343
31/12/2012
3 CARGO-RAIL GMBH
3 DILLINGER HÜTTE VERTRIEB GmbH HRB
19177 31/12/2006
3 DHC-Consult GmbH HRB
25221
31/12/2011
3 DILLINGER HÜTTE GTS NEDERLAND B.V
3 DILLINGER HÜTTE NORGE AS
3 DILLINGER MIDDLE EAST FZE
3 Dillinger Hütte Services B.V. 244204360000
31/12/2012
3 DILLINGER US40529320
3 DILLINGER SVERIGE AB 5567658439
31/12/2012
3 DILLINGER HÜTTE ITALY S.R.L.
3 DILLINGER HÜTTE SPAIN S.L.U
3 DILLINGER HUTTE UK LIMITED 06560022
31/12/2012
3 MSG Mineralstoffgesellschaft Saar mbH HRB
17148 31/12/2011
3 DILLINGER PROJEKT GMBH
3 SHS Services GmbH HRB
14092 31/12/2011
3 Dillinger Hütte und Saarstahl
Vermögensverwaltungs- und Beteiligungs-OHG HRA 9297 31/12/2011
3 SRT Saar-Rhein-Transportgesellschaft
mit beschränkter Haftung HRB
4932 31/12/2006
Affiliate Name SANTRANS SPEDITIONSGESELLSCHAFT MBH
Country DE
Affiliate Name AncoferWaldram Steelplates B.V.
Affiliate ID NL007/X/200316590000
Country NL
Affiliate Name JEBENS GMBH, KORNTAL MUNCHINGEN
Country DE
Affiliate Name SANTRANS SPEDITIONSGESELLSCHAFT MBH
Country DE
Affiliate Name Fischer H.C. Eisen, Gesellschaft mit beschränkter
Haftung
Country DE
Affiliate Name GTS INDUSTRIES
Affiliate ID FR002/X/331620096
Country FR
Affiliate Name EURODECOUPE
Affiliate ID FR002/X/380608307
Country FR
Affiliate Name ANCOFED
Affiliate ID FR002/X/438301210
Country FR
Affiliate Name ROGESA Roheisengesellschaft Saar mit beschränkter
Haftung
Country DE
Affiliate Name EUROPIPE GmbH
Country DE
Affiliate Name Saarlux Stahl GmbH & Co. KG
Country DE
Affiliate Name ANCOFER Stahlhandel GmbH
Country DE
Affiliate Name Trans-Saar B.V.
Affiliate ID NL007/X/241671170000
Country NL
Affiliate Name CARGO-RAIL GMBH
Country DE
Affiliate Name DILLINGER HÜTTE VERTRIEB GmbH
Country DE
Affiliate Name DHC-Consult GmbH
Country DE
Affiliate Name DILLINGER HÜTTE GTS NEDERLAND B.V
Country DE
Affiliate Name DILLINGER HÜTTE NORGE AS
Country DE
Affiliate Name DILLINGER MIDDLE EAST FZE
Country AE
Affiliate Name Dillinger Hütte Services B.V.
Affiliate ID NL007/X/244204360000
Country NL
Affiliate Name DILLINGER
Affiliate ID US023/X/US40529320
Country US
Affiliate Name DILLINGER SVERIGE AB
Affiliate ID SE011/X/5567658439
Country SE
Affiliate Name DILLINGER HÜTTE ITALY S.R.L.
Country IT
Affiliate Name DILLINGER HÜTTE SPAIN S.L.U
Country ES
Affiliate Name DILLINGER HUTTE UK LIMITED
Affiliate ID GB003/0/06560022
Country GB
Affiliate Name MSG Mineralstoffgesellschaft Saar mbH
Country DE
Affiliate Name DILLINGER PROJEKT GMBH
Country DE
Affiliate Name SHS Services GmbH
Country DE
Affiliate Name Dillinger Hütte und Saarstahl Vermögensverwaltungs-
und Beteiligungs-OHG
Country DE
Affiliate Name SRT Saar-Rhein-Transportgesellschaft mit
beschränkter Haftung
Country DE
Year 2012
Number of Employees 0
Year 2011
Number of Employees 19
Year 2010
Number of Employees 0
Profit & Loss
Financial Year 2012 2011 2010
Number of Weeks 52 52 52
Currency EUR EUR EUR
Revenue 7,688,426.00 5,288,547.00 5,787,707.00
Operating Costs 7,574,755.00 5,189,470.00 5,667,051.00
Operating Profit 113,671.00 99,077.00
120,656.00
Wages & Salaries
978,493.00 909,703.00 922,190.00
Pension Costs 472,734.00 414,435.00 435,407.00
Depreciation 7,438.00 4,131.00
2,102.00
Financial Income 7,259.00 38,836.00
13,753.00
Financial Expenses 0.00 0.00 670.00
Extraordinary Income 0.00 0.00 0.00
Extraordinary Costs 0.00 0.00 0.00
Profit Before Tax 120,928.00 137,915.00 133,738.00
Tax 46,074.00 58,950.00
130,558.00
Profit After Tax 74,854.00 78,965.00
3,180.00
Dividends 0.00 2,800.00
0.00
Retained Profit 74,854.00 76,165.00
3,180.00
Balance Sheet
Financial Year 2012 2011 2010
Number of Weeks 52 52 52
Currency EUR EUR EUR
Land & Buildings
0.00 0.00 0.00
Plant & Machinery
0.00 0.00 0.00
Other Tangible Assets 15,544.00 15,780.00
8,412.00
Total Tangible Assets 15,544.00 15,780.00
8,412.00
Goodwill 1,067,000.00 1,067,000.00 1,067,000.00
Other Intangible Assets 0.00 0.00 0.00
Total Intangible Assets 1,067,000.00 1,067,000.00 1,067,000.00
Investments 0.00 0.00 0.00
Loans to Group 0.00 0.00 0.00
Other Loans 0.00 0.00 0.00
Miscellaneous
Fixed Assets 13,321.00 16,279.00
16,258.00
Total Other Fixed Assets 13,321.00 16,279.00
16,258.00
Total Fixed Assets 1,095,865.00 1,099,059.00 1,091,670.00
Raw Materials 0.00 0.00 0.00
Work in Progress 0.00 0.00 0.00
Finished Goods 0.00 0.00 0.00
Other Inventories 0.00 0.00 0.00
Total Inventories 0.00 0.00 0.00
Trade Receivables 1,121,853.00 507,600.00 895,200.00
Miscellaneous
Receivables 46,549,417.00 26,443,182.00 24,587,993.00
Total Receivables 47,671,270.00 26,950,782.00 25,483,193.00
Cash 1,632,320.00 2,548,309.00 527,610.00
Other Current Assets 1,512,474.00 2,969,775.00 5,684,182.00
Total Current Assets 50,816,064.00 32,468,866.00 31,694,985.00
Total Assets 51,911,929.00 33,567,925.00 32,786,655.00
|
Trade Payables |
558,800.00 |
245,505.00 |
382,517.00 |
|
Bank Liabilities |
38,530.00 |
0.00 |
0.00 |
|
Other Loans/Finance |
0.00 |
0.00 |
0.00 |
|
Miscellaneous Liabilities |
48,510,232.00 |
30,538,482.00 |
29,725,068.00 |
|
Total Current Liabilities |
49,107,562.00 |
30,783,987.00 |
30,107,585.00 |
|
Bank Liabilities due after 1 year |
0.00 |
0.00 |
0.00 |
|
Other Loans/Finance due after 1 year |
0.00 |
0.00 |
0.00 |
|
Miscellaneous Liabilities due after 1 year |
1,326,646.00 |
1,311,071.00 |
1,282,366.00 |
|
Total Long Term Liabilities |
1,326,646.00 |
1,311,071.00 |
1,282,366.00 |
|
Total Liabilities |
50,434,208.00 |
32,095,058.00 |
31,389,951.00 |
|
Called Up Share Capital |
700,000.00 |
700,000.00 |
700,000.00 |
|
Share Premium |
450,281.00 |
450,281.00 |
450,281.00 |
|
Revenue Reserves |
291,226.00 |
290,321.00 |
214,315.00 |
|
Other Reserves |
36,214.00 |
32,266.00 |
32,107.00 |
|
Total Shareholders
Equity |
1,477,721.00 |
1,472,868.00 |
1,396,703.00 |
|
Other Financials |
|
|
|
|
Working Capital |
1,708,502.00 |
1,684,879.00 |
1,587,400.00 |
|
Net Worth |
410,721.00 |
405,868.00 |
329,703.00 |
Ratios
|
Return on Capital
Employed |
0.00 |
0.00 |
0.01 |
|
Stock Turnover Ratio |
0.00 |
0.00 |
0.00 |
|
Debtor Days |
53.00 |
6.00 |
56.00 |
|
Creditor Days |
33.00 |
4.00 |
35.00 |
|
Liquidity Ratio/Acid Test |
0.97 |
0.88 |
0.85 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.41 |
|
UK Pound |
1 |
Rs.99.29 |
|
Euro |
1 |
Rs.83.68 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.