|
Report Date : |
05.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
CENTS & BEYOND BVBA |
|
|
|
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Registered Office : |
Hoveniersstraat 2 2018, Antwerpen |
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|
|
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Country : |
Belgium |
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|
|
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Date of Incorporation : |
14.09.2012 |
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|
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Com. Reg. No.: |
848842842 |
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|
|
|
Legal Form : |
Private Limited Company |
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|
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Line of Business : |
Wholesales of Watches and Jewellery |
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|
|
|
No. of Employees : |
No 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 |
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|
|
|
Payment Behaviour : |
Unknown |
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|
|
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Belgium |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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 2013 Belgian GDP grew by 0.1%, the
unemployment rate increased to 8.8% from 7.6% the previous year, and the
government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%.
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.
|
Source
: CIA |
Business Number : 848842842
Company Name : CENTS & BEYOND BVBA
Address : Hoveniersstraat 2 2018 Antwerpen
Date of Establishment: 14/09/2012
Telephone number: 037072630
Fax number: 037072630
No employees are recorded for this business.
The business has been at the address for over 18 months.
There has been no significant change in the business's credit limit.
The credit rating for this business has increased from 24 to 27.
|
Past
payments |
|
Payment
expectation days |
- |
|
Industry average payment expectation days |
166.79 |
Industry average day sales outstanding |
569.27 |
|
Business
number |
848842842 |
Company
name |
CENTS & BEYOND
BVBA |
|
Fax
number |
037072630 |
Date
founded |
14/09/2012 |
|
Company
status |
active |
Company
type |
Private
Limited Company (BL/LX) |
|
Currency |
Euro (€) |
Date
of latest accounts |
- |
|
Activity
code |
46480 |
liable
for VAT |
yes |
|
Activity
description |
Wholesale
of Watches and Jewellery |
VAT
Number |
BE.0848.842.842 |
|
Belgian
Bullettin of Acts Publications |
Moniteur Belge |
|
|
|
Activity
code |
46480 |
|
Activity
description |
Wholesale of
watches and jewellery |
|
industry average credit rating |
61.07 |
|
Industry
average credit limit |
7967.53 |
|
Activity
code |
46480 |
|
Activity
description |
Wholesale of
watches and jewellery |
|
Industry
average payment expectation days |
166.79 |
|
Industry average
day sales outstanding |
569.27 |
|
Payment
expectations |
|
|
Company
result |
- |
|
Lower |
116.19 |
|
Median |
44.37 |
|
Upper |
12.51 |
|
Company
result |
- |
|
Lower |
107.50 |
|
Median |
48.06 |
|
Upper |
14.90 |
Summary
|
Group
- Number of Companies |
0 |
|
Linkages
- Number of Companies |
0 |
|
Number
of Countries |
0 |
No group structure for this company.
No minority
shareholders found
No minority
interests found
There is no
bankruptcy data against this company
There is no data
for this company
Current
director details
|
Name |
JAYANTIKUMAR
JIVANBHAI SANSPARA |
|
Position |
Non Statutory
Partner |
|
Start
Date |
14/09/2012 |
|
Street |
45 QUINTEN
MATSIJSLEI ANTWERPEN |
|
Post
code |
2018 |
|
Country |
Belgium |
|
|
|
|
Name |
JAYANTIKUMAR
JIVANBHAI SANSPARA |
|
Position |
Principal Manager |
|
Start
Date |
14/09/2012 |
|
Street |
45 QUINTEN
MATSIJSLEI ANTWERPEN |
|
Post
code |
2018 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.32 |
|
|
1 |
Rs.100.04 |
|
Euro |
1 |
Rs.82.65 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.