MIRA INFORM REPORT

 

 

Report Date :

10.10.2013

 

IDENTIFICATION DETAILS

 

Name :

FRIESLANDCAMPINA RIEDEL B.V.

 

 

Registered Office :

12 Frankeneng, EDE 6717AG

 

 

Country :

Netherlands

 

 

Date of Incorporation :

01.07.2007

 

 

Com. Reg. No.:

09172592

 

 

Legal Form :

Private limited liability company (BV) with ordinary structure

 

 

Line of Business :

Manufacturer of fruit and vegetable juice

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Unknown 

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

 

Company Summary

 

Company Name                                    FrieslandCampina Riedel B.V.

Company Registration Number            09172592

Country                                                NL

Activity Code                                        1032

Activity Description                              Manufacture of fruit and vegetable juice

Company Status                                   Other

 

 

Company Identification

 

Activities

Activity Code                                        1032

Activity Description                              Vervaardiging van fruit- en groentesap

                                                            (Production of fruit and vegetable juices)

 

Basic Information

Company Name                                    FrieslandCampina Riedel B.V.

Registered Company Name                  FrieslandCampina Riedel B.V.

 

Company Registration Number            09172592

Country                                                NL

Date of Company Registration 01/07/2007

Legal Form                                          Private limited liability company (BV)

with ordinary structure

 

Company Status                                   Other

Principal Activity Code                         1032

Principal Activity Description               Manufacture of fruit and vegetable juice

 

Contact Address                                   12 Frankeneng, EDE 6717AG

Contact Telephone Number                  0318679911

 

 

Main Address

 

Address                       12 Frankeneng, EDE 6717AG

Country                        NL

 

 

Other Addresses

 

Address                       12 Frankeneng, EDE 6717AG

Telephone                    0318679911

Current Directors Managers

 

Name                           Eduardus Lambertus Holtzer

Position                       Authorised Signatory

 

 

Share Capital Structure

 

Issued Share capital     500,000.00 (EUR)

Name                           FrieslandCampina Nederland Holding B.V.

Address                       4 Stationsplein, AMERSFOORT 3818LE

Share Percent              100.00 %

 

Company Name

Registration Number

Status

Last Financials

1  Zuivelcoöperatie FrieslandCampina U.A.

110242210000

Active

31/12/2012

2  Koninklijke FrieslandCampina N.V.                                                  110575440000         Active            31/12/2012

3  Friesland Brands B.V.

010701630000

Other

 

3  FrieslandCampina International Holding B.V.

110318660000

Active

31/12/2011

4  FrieslandCampina Nigeria Holding B.V.

010404140000

Other

 

4  FrieslandCampina Hungary Holding B.V.

010220690000

Other

 

4  K.H. de Jong's Exporthandel B.V.

010551190001

Other

 

4  Handelsonderneming Van Muyden en Piek B.V.

010475950000

Other

 

4  FrieslandCampina Hong Kong Holding B.V.

010682030000

Other

 

4  FrieslandCampina DLMI Malaysia Holding B.V.

010682040000

Other

 

4  FrieslandCampina CPI China Holding B.V.

010687880000

Other

 

4  FrieslandCampina Singapore Holding B.V.

010688170000

Other

 

4  FrieslandCampina Vietnam Holding B.V.

010688840000

Other

 

4  Frint Beheer VI B.V.

010692050000

Other

 

4  FrieslandCampina Philippines Holding B.V.

010770350000

Other

 

4  FrieslandCampina Ingredients China Holding B.V.

010770360000

Other

 

4  FrieslandCampina SCAP Malaysia Holding B.V.

010770380000

Other

 

4  FrieslandCampina Singapore Holding II B.V.

010786210000

Other

 

4  FrieslandCampina Domo Malaysia Holding B.V.

010786220000

Other

 

4  FrieslandCampina Singapore Holding III B.V.

010786230000

Other

 

4  Feh Beheer IV B.V.

010786240000

Other

 

4  FrieslandCampina Investments Holding B.V.

010786250000

Other

 

4  FrieslandCampina Ghana Holding B.V.

010697770000

Other

 

4  Frint Beheer IX B.V.

010697780000

Other

 

4  FrieslandCampina Hellas Holding B.V.

010702770000

Other

 

4  Frint Beheer XIV B.V.

010702790000

Other

 

4  FrieslandCampina BDU Malaysia Holding B.V.

010702800000

Other

 

4  FrieslandCampina Romania Holding B.V.

010720190000

Other

 

4  Frint Beheer XVII B.V.

010720200000

Other

 

4  FrieslandCampina Australia Holding B.V.

010720210000

Other

 

4  Bontje Kaas B.V.

230804320000

Other

 

4  FrieslandCampina Chile Holding B.V.

301962070000

Other

31/12/2007

4  B.V. Hollandsche Melksuikerfabriek

350019750000

Other

31/12/2007

4  FrieslandCampina Cheese Trading USA B.V.

040606700000

Other

 

 

4  FrieslandCampina Thailand Holding B.V.                                 040606710000         Other

4  FrieslandCampina Betagen Holding B.V.                                 040606720000         Other

4  FrieslandCampina Ingredients China Holding II B.V.                  579466470000         Active

4  Campina Beheer Romania B.V.                                               060516240000         Other    31/12/2007

4  DMV Japan B.V.                                                                    110593320000         Other    31/12/2007

4  Hollandse Blikmelk Internationaal

(Holland Canned Milk International) B.V.                                      160346180000         Other    31/12/2007

4  DMV USA B.V.                                                                       160380090000         Other    31/12/2007

3  FrieslandCampina Nederland Holding B.V.                                   180396140000         Other

4  G. den Hollander Holding B.V.                                                080635880000         Active 31/12/2011

5  Den Hollander Food B.V.                                                   080635890000         Active 31/12/2011

4  FrieslandCampina Participations B.V.                                      010373900000         Other

4  Kaashandel Culemborg B.V.                                                   230789160000         Other

4  FrieslandCampina Waterzuivering Beheer B.V.                         010893450000         Other    31/12/2007

4  FrieslandCampina Kaaspakhuizen B.V.                                    010852770000         Other

4  Zutrans B.V.                                                                           301449200000         Other

4  Zijerveld en Veldhuyzen B.V.                                                  290416380000         Active 31/12/2011

5  kaas.nl B.V.                                                                       290437470000         Active 31/12/2011

4  FrieslandCampina Kievit B.V.                                                  011232350000         Other

4  FrieslandCampina Domo B.V.                                                 011649170000         Other

4  Mupol B.V.                                                                            090900660000         Other    31/12/2007

4  FrieslandCampina Riedel B.V.                                                 091725920000         Other

4  FrieslandCampina Werknemers B.V.                                        110253990000         Other

4  FrieslandCampina Valess B.V.                                                180760780000         Other    31/12/2007

4  FrieslandCampina Nederland B.V.                                           271161600001         Other    31/12/2007

4  FrieslandCampina Cheese & Butter B.V.                                  310163130001         Other    31/12/2007

4  Bomeka B.V.                                                                         320616270000         Other    31/12/2007

4  FrieslandCampina Creamy Creation B.V.                                 060473280000         Other    31/12/2007

4  Polderland Zuivel B.V.                                                            060437240000         Other    31/12/2007

4  Consalac B.V.                                                                        080396480000         Other    31/12/2007

4  FrieslandCampina Consumer Products International B.V.          110573830002         Other    31/12/2007

4  FrieslandCampina Consumer Products Europe B.V.                 110573840013         Other    31/12/2007

4  FrieslandCampina Nutrifeed B.V.                                             110573850000         Other    31/12/2007

4  FrieslandCampina DMV B.V.                                                  110573860000         Other    31/12/2007

 

 

Affiliated Companies

 

Affiliate Name Koninklijke FrieslandCampina N.V.

Affiliate ID NL007/X/110575440000

Country NL

 

Affiliate Name Friesland Brands B.V.

Affiliate ID NL007/X/010701630000

Country NL

 

Affiliate Name FrieslandCampina International Holding B.V.

Affiliate ID NL007/X/110318660000

Country NL

 

Affiliate Name FrieslandCampina Nigeria Holding B.V.

Affiliate ID NL007/X/010404140000

Country NL

 

Affiliate Name FrieslandCampina Hungary Holding B.V.

Affiliate ID NL007/X/010220690000

Country NL

 

Affiliate Name K.H. de Jong's Exporthandel B.V.

Affiliate ID NL007/X/010551190001

Country NL

 

Affiliate Name Handelsonderneming Van Muyden en Piek B.V.

Affiliate ID NL007/X/010475950000

Country NL

 

Affiliate Name FrieslandCampina Hong Kong Holding B.V.

Affiliate ID NL007/X/010682030000

Country NL

 

Affiliate Name FrieslandCampina DLMI Malaysia Holding B.V.

Affiliate ID NL007/X/010682040000

Country NL

 

Affiliate Name FrieslandCampina CPI China Holding B.V.

Affiliate ID NL007/X/010687880000

Country NL

 

Affiliate Name FrieslandCampina Singapore Holding B.V.

Affiliate ID NL007/X/010688170000

Country NL

Affiliate Name FrieslandCampina Vietnam Holding B.V.

Affiliate ID NL007/X/010688840000

Country NL

 

Affiliate Name Frint Beheer VI B.V.

Affiliate ID NL007/X/010692050000

Country NL

 

Affiliate Name FrieslandCampina Philippines Holding B.V.

Affiliate ID NL007/X/010770350000

Country NL

 

Affiliate Name FrieslandCampina Ingredients China Holding B.V.

Affiliate ID NL007/X/010770360000

Country NL

 

Affiliate Name FrieslandCampina SCAP Malaysia Holding B.V.

Affiliate ID NL007/X/010770380000

Country NL

 

Affiliate Name FrieslandCampina Singapore Holding II B.V.

Affiliate ID NL007/X/010786210000

Country NL

 

Affiliate Name FrieslandCampina Domo Malaysia Holding B.V.

Affiliate ID NL007/X/010786220000

Country NL

 

Affiliate Name FrieslandCampina Singapore Holding III B.V.

Affiliate ID NL007/X/010786230000

Country NL

 

Affiliate Name Feh Beheer IV B.V.

Affiliate ID NL007/X/010786240000

Country NL

 

Affiliate Name FrieslandCampina Investments Holding B.V.

Affiliate ID NL007/X/010786250000

Country NL

 

Affiliate Name FrieslandCampina Ghana Holding B.V.

Affiliate ID NL007/X/010697770000

Country NL

 

Affiliate Name Frint Beheer IX B.V.

Affiliate ID NL007/X/010697780000

Country NL

 

Affiliate Name FrieslandCampina Hellas Holding B.V.

Affiliate ID NL007/X/010702770000

Country NL

 

Affiliate Name Frint Beheer XIV B.V.

Affiliate ID NL007/X/010702790000

Country NL

 

Affiliate Name FrieslandCampina BDU Malaysia Holding B.V.

Affiliate ID NL007/X/010702800000

Country NL

 

Affiliate Name FrieslandCampina Romania Holding B.V.

Affiliate ID NL007/X/010720190000

Country NL

 

Affiliate Name Frint Beheer XVII B.V.

Affiliate ID NL007/X/010720200000

Country NL

 

Affiliate Name FrieslandCampina Australia Holding B.V.

Affiliate ID NL007/X/010720210000

Country NL

 

Affiliate Name Bontje Kaas B.V.

Affiliate ID NL007/X/230804320000

Country NL

 

Affiliate Name FrieslandCampina Chile Holding B.V.

Affiliate ID NL007/X/301962070000

Country NL

 

Affiliate Name B.V. Hollandsche Melksuikerfabriek

Affiliate ID NL007/X/350019750000

Country NL

 

Affiliate Name FrieslandCampina Cheese Trading USA B.V.

Affiliate ID NL007/X/040606700000

Country NL

 

Affiliate Name FrieslandCampina Thailand Holding B.V.

Affiliate ID NL007/X/040606710000

Country NL

 

Affiliate Name FrieslandCampina Betagen Holding B.V.

Affiliate ID NL007/X/040606720000

Country NL

 

Affiliate Name FrieslandCampina Ingredients China Holding II B.V.

Affiliate ID NL007/X/579466470000

Country NL

Affiliate Name Campina Beheer Romania B.V.

Affiliate ID NL007/X/060516240000

Country NL

 

Affiliate Name DMV Japan B.V.

Affiliate ID NL007/X/110593320000

Country NL

 

Affiliate Name Hollandse Blikmelk Internationaal (Holland Canned Milk International) B.V.

Affiliate ID NL007/X/160346180000

Country NL

 

Affiliate Name DMV USA B.V.

Affiliate ID NL007/X/160380090000

Country NL

 

Affiliate Name G. den Hollander Holding B.V.

Affiliate ID NL007/X/080635880000

Country NL

 

Affiliate Name Den Hollander Food B.V.

Affiliate ID NL007/X/080635890000

Country NL

 

Affiliate Name FrieslandCampina Participations B.V.

Affiliate ID NL007/X/010373900000

Country NL

 

Affiliate Name Kaashandel Culemborg B.V.

Affiliate ID NL007/X/230789160000

Country NL

 

Affiliate Name FrieslandCampina Waterzuivering Beheer B.V.

Affiliate ID NL007/X/010893450000

Country NL

 

Affiliate Name FrieslandCampina Kaaspakhuizen B.V.

Affiliate ID NL007/X/010852770000

Country NL

 

Affiliate Name Zutrans B.V.

Affiliate ID NL007/X/301449200000

Country NL

 

Affiliate Name Zijerveld en Veldhuyzen B.V.

Affiliate ID NL007/X/290416380000

Country NL

 

Affiliate Name kaas.nl B.V.

Affiliate ID NL007/X/290437470000

Country NL

 

Affiliate Name FrieslandCampina Kievit B.V.

Affiliate ID NL007/X/011232350000

Country NL

 

Affiliate Name FrieslandCampina Domo B.V.

Affiliate ID NL007/X/011649170000

Country NL

 

Affiliate Name Mupol B.V.

Affiliate ID NL007/X/090900660000

Country NL

 

Affiliate Name FrieslandCampina Werknemers B.V.

Affiliate ID NL007/X/110253990000

Country NL

 

Affiliate Name FrieslandCampina Valess B.V.

Affiliate ID NL007/X/180760780000

Country NL

 

Affiliate Name FrieslandCampina Nederland B.V.

Affiliate ID NL007/X/271161600001

Country NL

 

Affiliate Name FrieslandCampina Cheese & Butter B.V.

Affiliate ID NL007/X/310163130001

Country NL

 

Affiliate Name Bomeka B.V.

Affiliate ID NL007/X/320616270000

Country NL

 

Affiliate Name FrieslandCampina Creamy Creation B.V.

Affiliate ID NL007/X/060473280000

Country NL

 

Affiliate Name Polderland Zuivel B.V.

Affiliate ID NL007/X/060437240000

Country NL

 

Affiliate Name Consalac B.V.

Affiliate ID NL007/X/080396480000

Country NL

 

Affiliate Name FrieslandCampina Consumer Products International B.V.

Affiliate ID NL007/X/110573830002

Country NL

Affiliate Name FrieslandCampina Consumer Products Europe B.V.

Affiliate ID NL007/X/110573840013

Country NL

 

Affiliate Name FrieslandCampina Nutrifeed B.V.

Affiliate ID NL007/X/110573850000

Country NL

 

Affiliate Name FrieslandCampina DMV B.V.

Affiliate ID NL007/X/110573860000

Country NL

 

 

Additional Information

 

Miscellaneous

Ceased Trading Date

Exporter                                   Yes

Importer                                   Yes

 

Payment Expectations Summary

Payment Expectation Days                   ---                                 Industry Avg Payment

Expectation Days                                 39.21

 

DaySalesOutstanding                           ---                                 Industry Avg Day Sales

Outstanding                                         36.51

 

Suspension Of Payments Mora            No

 

 

Letters Of Liablility Information

 

Financial Year                          2012

Company Name                        Koninklijke FrieslandCampina N.V.

Company Number                    11057544

Date Submited                         08/03/2013

 

LetterOfLiabilityStartDate         01/01/2010                    LetterOfLiabilitySubmittedDate             24/01/2011

LetterOfLiabilityRemovalSubmitted                              LetterOfLiabilityRemovalDate

 

LetterOfLiabilityStartDate                                             LetterOfLiabilitySubmittedDate

LetterOfLiabilityRemovalSubmitted                              LetterOfLiabilityRemovalDate

 

LetterOfLiabilityStartDate_Parent2                                LetterOfLiabilitySubmittedDate_Parent2

LetterOfLiabilityRemovalSubmitted_Parent2                LetterOfLiabilityRemovalDate_Parent2

 

LetterOfLiabilityStartDate_Parent2                                LetterOfLiabilitySubmittedDate_Parent2

LetterOfLiabilityRemovalSubmitted_Parent2                LetterOfLiabilityRemovalDate_Parent2

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.92

UK Pound

1

Rs.99.45

Euro

1

Rs.83.92

 

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.