MIRA INFORM REPORT
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Report Date : |
06.08.2013 |
IDENTIFICATION DETAILS
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Name : |
PARTNERS METAL NV |
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Registered Office : |
Desguinlei 6, 2018 Antwerpens |
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Country : |
Belgium |
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Date of Incorporation : |
06.12.2002 |
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Legal Form : |
Private Company |
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Line of Business : |
Subject is engaged in Recycling & Trading of Silicon Steel &
Non – ferrous Metal Scrap. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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) |
|
Belgium |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
belgium ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized
on its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to volatility in
world markets. Roughly three-quarters of Belgium's trade is with other EU
countries, and Belgium has benefited most from its proximity to Germany. In
2011 Belgian GDP grew by 1.8%, the unemployment rate decreased slightly to 7.2%
from 8.3% the previous year, and the government reduced the budget deficit from
a peak of 6% of GDP in 2009 to 4.2% in 2011 and 3.3% in 2012. Fourth quarter
GDP growth in 2012 was at -0.1%, the third consecutive quarter of negative growth.
This brought economic growth for the whole of 2012 to negative 0.2%. It also
left Belgium on the brink of a possible recession at the end of 2012. However,
at year's end, the government appeared close to meeting its 2012 budget deficit
goal of 3% of GDP. Despite the relative improvement in Belgium's budget
deficit, public debt hovers around 100% of GDP, a factor that has contributed
to investor perceptions that the country is increasingly vulnerable to
spillover from the euro-zone crisis. Belgian banks were severely affected by
the international financial crisis in 2008 with three major banks receiving
capital injections from the government, and the nationalization of the Belgian
retail arm of a Franco-Belgian bank.
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Source : CIA |
REGISTERED NAME & COMPANY SUMMARY
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Company name |
PARTNERS METAL NV |
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Address |
DESGUINLEI 6 |
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|
2018 ANTWERPEN |
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Date of establishment |
06/12/2002 |
NEGATIVE INFORMATION
Court data summary
|
Bankruptcy details |
|
|
Court action type |
no |
|
Protested bills |
|
|
Bill amount |
- |
|
NSSO details |
|
|
Date of summons |
- |
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Business number |
479182275 |
Company name |
PARTNERS METAL NV |
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Fax number |
- |
Date founded |
06/12/2002 |
|
Company status |
active |
Company type |
(Null) |
|
Currency |
Euro (€) |
Date of latest accounts |
- |
|
Activity code |
- |
liable for VAT |
|
|
Activity description |
Subject is engaged in
Recycling & Trading of Silicon Steel & Non – ferrous Metal Scrap. |
VAT Number |
BE.0479.182.275 |
|
Belgian Bullettin of Acts Publications |
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Contractor details
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Registered contractor number |
- |
||
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Contractor description |
- |
||
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Date struck off register |
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Protested
bills
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Drawee
name |
- |
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Address |
- |
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Bill
amount |
- |
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Bill
currency |
- |
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Maturity
of bill |
- |
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Name
of drawer |
- |
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City
of drawer |
- |
NSSO details
|
Business
number |
479182275 |
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Name
of defendant |
- |
|
Legal
form of defendant |
- |
|
Date
of summons |
- |
|
Labour
court |
- |
Bankruptcy details
|
There is no bankruptcy data against this company |
Court data
|
There is no data for this company |
SHARE & SHARE CAPITAL INFORMATION
Minority
Shareholders
|
No minority shareholders found |
Minority Interests
|
No minority interests found |
PAYMENT INFORMATION
Industry
comparison
Suspension
of payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment expectations
|
Past payments |
|
Payment
expectation days |
- |
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Industry
average payment expectation days |
- |
Industry
average day sales outstanding |
- |
GROUP STRUCTURE & AFFILIATED COMPANIES
Ultimate holding
company
|
Company name |
|
Company Number |
|
|
- |
|
- |
No linked companies have been found. |
Summary
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Group - Number of Companies |
0 |
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Linkages - Number of Companies |
0 |
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Number of Countries |
0 |
Group Structure
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No group structure for this company. |
FINANCIAL INFORMATION
Accounts
|
No key Financials Registered |
ADDITIONAL INFORMATION
Personnel (NSSO
classification)
|
Code |
- |
|
Description |
- |
NOTES & COMMENTS
Commentary
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The business was established over 10 years ago. |
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No employees are recorded for this business. |
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The business has been at the address for over 2 years. |
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The credit rating for this business has increased from 68
to 71. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.82 |
|
|
1 |
Rs.92.97 |
|
Euro |
1 |
Rs.80.73 |
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 |
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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.