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Report Date : |
07.04.2014 |
IDENTIFICATION DETAILS
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Name : |
CONFECCION Y MODA D'CACHE SL |
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Registered Office : |
C/ Gran Via, 69 7&Amp; - Oficina 16. - Madrid - 28013
- Madrid |
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Country : |
Spain |
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Date of Incorporation : |
03.07.2007 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacture of wearing apparel, except fur apparel |
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No. of Employees |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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 |
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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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Spain |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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 |
SPAIN ECONOMIC OVERVIEW
Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013.
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Source
: CIA |
In absence of financials, no credit limit could be recommended.
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Name: |
CONFECCION Y MODA D'CACHE SL |
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NIF / Fiscal code: |
B85153229 |
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Status: |
ACTIVE |
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Incorporation Date: |
03/07/2007 |
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Register Data |
Register Section 8 Sheet 441068 |
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Last Publication in BORME: |
01/08/2007 [Appointments] |
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Share Capital: |
3.010 |
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Localization: |
C/ GRAN VIA, 69 7& - OFICINA 16. - MADRID - 28013 - MADRID |
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Telephone - Fax - Email - Website: |
Ph.:. 915413881 |
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Activity: |
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NACE: |
141 - Manufacture of wearing apparel, except fur apparel |
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Registered Trademarks: |
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Audited / Opinion: |
No |
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Tenders and Awards: |
0 for a total cost of 0 |
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Subsidies: |
0 for a total cost of 0 |
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Quality Certificate: |
No |
Defaults, Legal Claims and Insolvency Proceedings |
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Number |
Amount (€) |
Most Recent Entry |
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Insolvency Proceedings, Bankruptcy and Suspension of Payments |
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Unpublished |
--- |
--- |
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Defaults on debt with Financial Institutions and Large Companies |
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None |
--- |
--- |
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Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
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None |
0 |
--- |
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Proceedings heard by the Civil Court |
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Unpublished |
0 |
--- |
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Proceedings heard by the Labour Court |
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Unpublished |
0 |
--- |
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Partners |
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Shares: |
0 |
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Other Links: |
0 |
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No. of Active Corporate Bodies: |
JOINT MANAGER 2 |
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Guarantees: |
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Properties Registered: |
Company NO, Administrator NO |
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Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
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Investigation Result: NEGATIVE |
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The procedures performed have not allowed for confirmation of the holder's address. The researches have shown that: It has not been possible to contact with the subject at the address indicated. We consulted several neighbours, but they did not know the subject. We found the phone number 915413881, which is not operative. The subject was founded in 2007, and it is engaged in distribution and elaboration of clothes and it is not known if the subject is still active. It has not never filed its accounts. We consulted several banks from the area but any had the subject among its customers. Therefore, and in view of the impossibility of contact information or collect more information through outside sources consulted, we have concluded our researches. |
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Identification |
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Social Denomination: |
CONFECCION Y MODA D'CACHE SL |
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NIF / Fiscal code: |
B85153229 |
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Corporate Status: |
ACTIVE |
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Start of activity: |
2007 |
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Registered Office: |
C/ GRAN VIA, 69 7& - OFICINA 16. |
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Locality: |
MADRID |
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Province: |
MADRID |
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Postal Code: |
28013 |
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Telephone: |
915413881 |
Activity |
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NACE: |
141 |
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Additional Information: |
The researches have shown that: It has not been possible to contact with the subject at the address indicated. We consulted several neighbours, but they did not know the subject. We found the phone number 915413881, which is not operative. The subject was founded in 2007, and it is engaged in distribution and elaboration of clothes and it is not known if the subject is still active. It has not never filed its accounts. We consulted several banks from the area but any had the subject among its customers. Therefore, and in view of the impossibility of contact information or collect more information through outside sources consulted, we have concluded our researches. |
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Import / export: |
DOES NOT IMPORT / DOES NOT EXPORT |
Chronological Summary |
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Year |
Act |
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2007 |
Appointments/ Re-elections (1) Company Formation (1) |
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Breakdown of Owners' Equity |
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Registered Capital: |
3.010 |
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Paid up capital: |
3.010 |
Updated Evolution of the Subscribed and Paid-in Capital |
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Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
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19/07/2007 |
Company Formation |
3.010 |
3.010 |
3.010 |
3.010 |
Active Social Bodies |
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Post published |
Social Body's Name |
Appointment Date |
Other Positions in this Company |
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JOINT MANAGER |
VALENCIA CANO EDWARD RICARDO |
19/07/2007 |
1 |
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RAMIREZ DUSSAN GUILLERMO LEON |
19/07/2007 |
1 |
Executive board |
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Post |
NIF |
Name |
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ADMINISTRATOR |
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EDWARD RICARDO VALENCIA CANO |
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ADMINISTRATOR |
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GUILLERMO LEON RAMIREZ DUSSAN |
Defaults, Legal Claims and Insolvency Proceedings |
Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
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Number of Publications |
Amount (_) |
Start date |
End date |
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Insolvency Proceedings, Bankruptcy and Suspension of Payments |
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Unpublished |
--- |
--- |
--- |
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Request/Declaration |
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0 |
--- |
date |
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Proceedings |
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--- |
--- |
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--- |
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Resolution |
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--- |
--- |
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--- |
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Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
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Status: Friendly |
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--- |
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Status: Pre-Litigation |
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--- |
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Status: Litigation |
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--- |
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Status: Non-performing |
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--- |
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Status: insolvency proceedings, bankruptcy and suspension of payments |
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--- |
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Other status |
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--- |
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Legal and Administrative Proceedings |
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Unpublished |
--- |
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Notices of defaults and enforcement |
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--- |
--- |
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--- |
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Seizures |
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--- |
--- |
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--- |
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Auctions |
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--- |
--- |
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--- |
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Declarations of insolvency and bad debt |
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--- |
--- |
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--- |
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Proceedings heard by the Civil Court |
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Unpublished |
--- |
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Proceedings heard by the Labour Court |
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Unpublished |
--- |
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> Details
LEGAL CLAIMS |
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Summary of Judicial Claims |
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PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION |
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Legal Proceedings (Bankruptcy Law 22/2003) |
No se han publicado |
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Quiebras y Suspensiones de Pagos (anterior legislación concursal) |
No se han publicado |
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INCIDENCES WITH THE PUBLIC ADMINISTRATIONS |
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Incidences with the Tax Agency |
No se han publicado |
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Incidences with the Social Security |
No se han publicado |
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Incidences with the Autonomous Administration |
No se han publicado |
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Incidences with the Local Administration |
No se han publicado |
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PROCEDURES BEFORE COURTS OF CIVIL MATTERS |
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Procedures by the Civil Procedural Law 1/2000 |
No se han publicado |
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Proceedings by the old Civil Procedural Law 1.881 |
No se han publicado |
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PROCEEDINGS BEFORE THE INDUSTRIAL TRIBUNAL |
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Procedimientos ante Juzgados de lo Social |
No se han publicado |
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Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
CASHFLOW STATEMENT |
Model: Consolidated
> Source of information: Data contained in this section is taken from the information declared in the Annual Accounts submitted to the Trade Register.
FINANCIAL DIAGNOSIS |
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the TRADE REGISTER.
Public Tenders and Works Won |
No Public Tenders assigned to the name of the company.
Research Summary |
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The researches have shown that: It has not been possible to contact with the subject at the address indicated. We consulted several neighbours, but they did not know the subject. We found the phone number 915413881, which is not operative. The subject was founded in 2007, and it is engaged in distribution and elaboration of clothes and it is not known if the subject is still active. It has not never filed its accounts. We consulted several banks from the area but any had the subject among its customers. Therefore, and in view of the impossibility of contact information or collect more information through outside sources consulted, we have concluded our researches. |
Sources |
|
Registry of Commerce's Official Gazette. Own and external data bases Company References |
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
: |
SUB |
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Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
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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 |
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-- |
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.