MIRA INFORM REPORT

 

 

Report Date :

24.04.2014

 

IDENTIFICATION DETAILS

 

Name :

MAIL MANAGEMENT V.O.F.

 

 

Registered Office :

Engelandlaan 48, 2391PN Hazerswoude-Dorp

 

 

Country :

Netherlands

 

 

Date of Incorporation :

22.02.1994

 

 

Com. Reg. No.:

29041240

 

 

Legal Form :

General Partnership

 

 

Line of Business :

Wholesale of new and used mailing machines and taking care for third party mailings

 

 

No. of Employees :

3

 

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 :

No complaints

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

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 2012-13 tax revenues dropped, 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

Summary

 

Company name                         MAIL MANAGEMENT V.O.F.

Operative address                      Engelandlaan 48

2391PN Hazerswoude-Dorp

Netherlands

Legal form                                 General Partnership

Registration number                   KvK-nummer: 29041240

VAT-number                              808657203

 

 

Contact information

 

Company name                         Mail Management V.O.F.

Trade names                             Mail Management V.O.F.

Operative address                      Engelandlaan 48

2391PN Hazerswoude-Dorp

Netherlands

Correspondence address            Postbus 434

2740AK Waddinxveen

Netherlands

Telephone number                      0172462525

Fax number                               0172462640

Email address                           info@mail-management.nl

Website                                    www.mail-management.nl

 

 

Registration

 

Registration number                   KvK-nummer: 29041240

Branch number                          000006756360

VAT-number                              808657203

Status                                       Active

Establishment date                    1994-02-22

Legal form                                 General Partnership

 

 

Activities

 

SBI                                           Wholesale of office machinery and equipment (no computers) (4666)

Secretariële dienstverlening (8219)

Exporter                                    No

Importer                                    No

Goal                                         Wholesale of new and used mailing machines and taking care for third party mailings

Relations

 

Companies on same address      Mail-Management International

Registration number:                  508642890000

 

 

Management

 

Active management                    J.S. Beringer - Kessens (Johanna Susanna)

Noordkade 149 D

2741EW Waddinxveen

Netherlands

Competence: Unlimited authorization

Function: Partner

Starting date: 2000-01-01

Date of birth: 1943-04-15, 's-Gravenhage, NL

 

D.H.P. Beringer (Dennis Hendrik Philippus)

Mozartlaan 42

2742BN Waddinxveen

Netherlands

Competence: Unlimited authorization

Function: Partner

Starting date: 2006-01-01

Date of birth: 1973-03-20, 's-Gravenhage, NL

 

 

Employees

 

Total according to the Chamber of Commerce                   3

 

Year                 2014     2012     2011     2010     2007

Total                 3          3          3          3          3

 

 

 

Payments

 

Description                    Payments are made regularly no complaints are known

 

 

Analysis

 

Branch (SBI)                  Groothandel en Wholesale on a fee or contract basis (niet in auto’s en motorfietsen) (46)

 

Region                          Rijnland

In the Netherlands 109662 of the companies are registered with the SBI code 46

In the region Rijnland 4319 of the companies are registered with the SBI code 46

In the Netherlands 2387 of the bankrupcties are published within this sector

In the region Rijnland 97 of the bankruptcies are published within this sector

The risk of this specific sector in the Netherlands is normal

The risk of this specific sector in the region Rijnland is normal

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.07

UK Pound

1

Rs.102.77

Euro

1

Rs.84.49

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NNA

 

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.