MIRA INFORM REPORT

 

 

Report Date :

04.02.2014

 

IDENTIFICATION DETAILS

 

Name :

PHYSIO-CONTROL OPERATIONS NETHERLANDS B.V.

 

 

Registered Office :

Keizersgracht 127 1015CJ Amsterdam

 

 

Country :

Netherlands

 

 

Date of Incorporation :

22.12.2011

 

 

Com. Reg. No.:

KvK-nummer: 54166128

 

 

Legal Form :

Besloten Vennootschap

 

 

Line of Business :

·         Wholesaler of medical and dental instruments

·         Financial holdings

 

 

No of Employees :

6

 

 

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 :

Slow But Correct

 

 

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)

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

 

 

Summary

 

Company name     Physio-Control Operations Netherlands B.V.

Operative address Keizersgracht 127

                                1015CJ Amsterdam

                               Netherlands

 

 

Legal form                Besloten Vennootschap

Registration number KvK-nummer: 54166128

VAT-number             851204004

 

 

 

Contact information

 

Company name               Physio-Control Operations Netherlands B.V.

Trade names                    Physio-Control Operations Netherlands B.V.

 

Operative address           Keizersgracht 127

                                        1015CJ Amsterdam

                                         Netherlands

 

Correspondence address Keizersgracht 127

                                         1015CJ Amsterdam

                                          Netherlands

Telephone number            0208204601

Fax number                       0204228761

 

 

Registration

 

Registration number                       KvK-nummer: 54166128

Branch number                               000023969687

VAT-number                                    851204004

 

Status                                              Active

First registration company register 2011-12-23

Memorandum                                   2011-12-22

Establishment date                          2011-12-22

 

Legal form                                       Besloten Vennootschap

Last proposed admendment            2013-02-07

 

 

Activities

 

SBI         Wholesale of medical and dental instruments (46462)

               Financial holdings (6420)

 

Exporter No

Importer No

 

Goal       Het verkopen van medische hulpmiddelen en aanverwante wegwerpaccessoires die worden gebruikt in

              samenhang met de medische hulpmiddelen, en het verlenen van diensten hieromtrent.

 

 

Relations

 

Shareholders                           Physio-Control Holdings Coöperatief U.A.

                                                Prins Bernhardplein 200

                                                1097JB Amsterdam

                                                 Netherlands

Registration number:                  541282340000

Percentage:                               100.00%

 

Branches                                  Physio-Control Operations Netherlands B.V.

                                                 Galjoenweg 68

                                                 6222NV MAASTRICHT

                                                 Netherlands

Registration number:                  541661280001

 

Companies on same address   Amount: 36

 

 

Management

 

Active management

B.D. Webster (Brian Daniel)

 

Netherlands

 

Competence: Fully authorized

 

Function: Manager

 

Starting date: 2011-12-22

 

Date of birth: 1963-11-29, Seattle, NL

 

Involved with the following companies

 

 

 

·         Physio-Control Holdings Coöperatief U.A.

Prins Bernhardplein 200

1097JB Amsterdam

Netherlands

 

 

 

 

             Registration number: 541282340000

 

             Function: Manager

 

 

 

T.S. Umberger (Traci Shuster)

 

Netherlands

 

Competence: Fully authorized

 

Function: Manager

 

Starting date: 2012-07-06

 

Date of birth: 1962-12-19, Canada, US

 

 

 

D.T. Stafford (David Timothy)

 

Netherlands

 

Competence: Fully authorized

 

Function: Manager

 

Starting date: 2012-07-06

 

Date of birth: 1971-06-19, Illinois, US

 

 

 

A.J. Quirijns (Abraham Johannes)

 

Netherlands

 

Competence: Limited authorization

 

Function: Proxy

 

Starting date: 2012-07-16

 

Date of birth: 1963-04-13, Dinther, NL

 

 

Employees

 

Year

2014

Total

6

 

 

 

 

Analysis

 

Branch (SBI)

Financiële instellingen (none Insurance en Guest-house funding) (64)

 

 

Region

Groot Amsterdam

 

 

 

In the Netherlands 361843 of the companies are registered with the SBI code 64

 

In the region Groot Amsterdam 51273 of the companies are registered with the SBI code 64

 

In the Netherlands 2471 of the bankrupcties are published within this sector

 

In the region Groot Amsterdam 268 of the bankruptcies are published within this sector

 

The risk of this specific sector in the Netherlands is Low

 

The risk of this specific sector in the region Groot Amsterdam is Low

 

 

Publications

 

Functions

 

 

 

 

 

31-08-2012: Per 16-07-2012 is gevolmachtigde Abraham Johannes Quirijns in functie getreden.

11-07-2012: Per 06-07-2012 is bestuurder David Timothy Stafford in functie getreden.

11-07-2012: Per 06-07-2012 is bestuurder Traci Shuster Umberger in functie getreden.

11-07-2012: Per 06-07-2012 is bestuurder 33144202 Intertrust (Netherlands) B.V. uit functie getreden.

04-01-2012: Per 22-12-2011 is bestuurder Brian Daniel Webster in functie getreden.

04-01-2012: Per 22-12-2011 is bestuurder 33144202 Intertrust (Netherlands) B.V. in functie getreden.

 

 

Amendments

 

 

 

 

 

 

 

11-02-2013: Per 7-2-2013 statuten gewijzigd.

29-11-2012: Per 26-11-2012 is de bevoegdheid van Bestuurder David Timothy Stafford gewijzigd.

29-11-2012: Per 26-11-2012 statuten gewijzigd.

28-09-2012: Per 6-7-2012 is de bevoegdheid van Bestuurder Traci Shuster Umberger gewijzigd.

28-09-2012: Per 6-7-2012 is de bevoegdheid van Bestuurder Brian Daniel Webster gewijzigd.

11-07-2012: Per 22-12-2011 is de bevoegdheid van Bestuurder Brian Daniel Webster gewijzigd.

29-02-2012: Geplaatst kapitaal gewijzigd in EUR 18.001,00 Gestort kapitaal gewijzigd in EUR 18.001,00.

04-01-2012: Per 22-12-2011 is de bevoegdheid van Bestuurder 33144202 Intertrust (Netherlands) B.V. gewijzigd.

 

 

Other

 

01-03-2012: ... Datum deponering: 28-02-2012 Soort deponering: Accountantsverklaring - inbreng op aandelen anders dan in geld na oprichting (art.94b, lid 7 BW2 / art. 204b lid 4  BW2).

02-02-2012: Datum deponering: 02-02-2012 Soort deponering: Accountantsverklaring - waarde goederen minimaal waarde tegenprestatie (nachgrundung) (art. 94c lid 6 BW2 of 204c lid 5 BW2).

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs. 62.68

UK Pound

1

Rs. 102.96

Euro

1

Rs. 84.57

 

 

INFORMATION DETAILS

 

Report Prepared by :

DPT

 

 

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.