MIRA INFORM REPORT

 

 

Report Date :

12.09.2013

 

IDENTIFICATION DETAILS

 

Name :

APH GROUP PARTICIPATIONS B.V.

 

 

Registered Office :

18 Mercurius, Heerenveen 8448

 

 

Country :

Netherlands

 

 

Date of Incorporation :

08.07.2011

 

 

Com. Reg. No.:

53126211

 

 

Legal Form :

Private limited liability company (BV) with ordinary structure

 

 

Line of Business :

Organisational Planning

 

 

No. of Employees :

Not Available

 

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 :

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                                   APH GROUP PARTICIPATIONS B.V.

Company Registration Number            53126211

Country                                                NL

Activity Code                                       70221

Activity Description                              Organisational planning

Company Status                                  Other

 

 

Company Identification

 

Activities

 

Activity Code                                       70221

Activity Description                              Organisatie-adviesbureaus

 

 

Basic Information

 

Company Name                                   APH Group Participations B.V.

Registered Company Name                 APH Group Participations B.V.

Company Registration Number            53126211

Country                                                NL

Date of Company Registration             08/07/2011

Commercial Court Legal Form            Private limited liability company (BV) with ordinary structure

Type of Ownership Company Status    Other

Principal Activity Code                        70221

Principal Activity Description               Organisational planning

Contact Address                                   18 Mercurius, HEERENVEEN 8448

Contact Telephone Number                 0513481100

 

 

Main Address

 

Address                                    18 Mercurius, HEERENVEEN 8448GX

Country                                    NL

 

Other Addresses

 

Address                                    18 Mercurius, HEERENVEEN 8448GX

Telephone                               0513481100

 

 

 

Current Directors Managers

 

Name               Antje Groen

Position           Authorised Signatory

 

 

Share Capital Structure

 

Issued Share capital    200,000.00 (EUR)

 

 

Additional Information

 

Miscellaneous

 

Ceased Trading Date

 

Exporter                                               No

Importer                                               No

 

Industry Comparison

 

Industry Avg Credit Limit                     13,274.71 (EUR)

Industry Avg Credit Rating                   57.76

 

Payment Expectations Summary

 

Industry Avg Payment

Expectation Days                                 48.40

 

Industry Avg Day Sales

Outstanding                                         73.17

Suspension Of Payments Mora            No

 

Industry Quartile Analysis

 

Payment Expectation Days

Payment Expectations Lower              33.95

Payment Expectations Median            54.44

Payment Expectations Upper              75.59

 

Day Sales Outstanding

 

Day Sales Outstanding Lower                         4.99

Day Sales Outstanding Median            15.24

Day Sales Outstanding Upper              35.06

 

Negative Information

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.90

UK Pound

1

Rs.100.47

Euro

1

Rs.84.65

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.