MIRA INFORM REPORT

 

 

Report Date :

19.02.2014

 

IDENTIFICATION DETAILS

 

Name :

CABOT NORIT NEDERLAND B.V.

 

 

Registered Office :

Nijverheidsweg-Noord 72, 3812PM Amersfoort

 

 

Country :

Netherlands

 

 

Date of Incorporation :

04.08.1921

 

 

Com. Reg. No.:

31020246

 

 

Legal Form :

Private Company

 

 

Line of Business :

·         Manufacture of chemicals and chemical products

·         Financial holdings

 

 

No. of Employees :

338

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 – September 30, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

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                         CABOT NORIT NEDERLAND B.V.

Operative address                     Nijverheidsweg-Noord 72

3812PM Amersfoort

Netherlands

Legal form                                Private Company

Registration number                  KvK-nummer: 31020246

VAT-number                              001472057

 

 

Contact information

 

Company name                         Cabot Norit Nederland B.V.

Trade names                             Cabot Norit Nederland B.V.

Operative address                     Nijverheidsweg-Noord 72

3812PM Amersfoort

Netherlands

Correspondence address           Postbus 105

3800AC Amersfoort

Netherlands

Telephone number                     0334648911

Fax number                               0334617429

Email address                           info@norit.com

Website                                    www.norit.com

 

 

Registration

 

Registration number                  KvK-nummer: 31020246

Branch number                          000018926983

VAT-number                              001472057

Status                                       Active

Memorandum                            1972-09-25

Establishment date                    1921-08-04

Legal form                                Private Company

Legal person since                    1972-09-25

Last proposed admendment      2013-09-30

 

 

Activities

 

SBI                                           Manufacture of other inorganic basic chemicals (2013)

Manufacture of other chemical products n.e.c. (205903)

Financial holdings (6420)

Exporter                                   No

Importer                                   No

Goal                                         Sale of charcoal and related services and systems, the provision of guarantees, warranties stretching, joining the company and the objections of the company's assets for the benefit of firms and companies with which the company in a group and at for third parties

 

 

Relations

 

Shareholders                             Norit EAPA Holding B.V.

Nijverheidsweg-Noord 72

3812PM AMERSFOORT

Netherlands

Registration number: 310486550000

Percentage: 100.00%

 

Branches                                  Cabot Norit Nederland B.V.

Mr. Ovingkanaal OZ 3

7891EV KLAZIENAVEEN

Netherlands

Registration number: 310202460001

 

Cabot Norit Nederland B.V.

Pieter Ghijsenlaan 42

1506PW ZAANDAM

Netherlands

Registration number: 310202460002

 

Companies on same address     Norit EAPA Holding B.V.

Registration number: 310486550000

 

Norit International N.V.

Registration number: 310144530000

 

Norit Real Estate B.V.

Registration number: 310202470000

 

Personeelsvereniging Norit Amersfoort

Registration number: 405078910000

 

Stichting Norit Pensioenfonds

Registration number: 411881910000

 

Norit Holding B.V.

Registration number: 342740120000

 


Liability statements                    Norit N.V.

Nijverheidsweg-Noord 72

3812PM Amersfoort

Netherlands

Registration number: 342740110000

date of issue: 2013-03-04

Starting date: 2011-01-01

End date: 2013-09-19

 

 

Bank details

 

Accounts                                  ABN Amro Bank NV

Account number: 41.15.92.254

 

ING Bank NV

Account number: 82697

 

 

Management

 

Active management                   J.J. van Empelen (Jasper Joost)

Netherlands

Competence: Fully authorized

Function: Manager

Starting date: 2009-12-31

Date of birth: 1971-02-21, Amersfoort, NL

 

B.P. Genemans (Bartholomeus Petrus)

Netherlands

Competence: Fully authorized

Function: Manager

Starting date: 2009-12-31

Date of birth: 1957-08-28, 's-Gravenhage, NL

 

G.C.P.J. Maters (Gerardus Christiaan Paulus Jac)

Netherlands

Competence: Fully authorized

Function: Manager

Starting date: 2013-09-30

Date of birth: 1987-11-20, Roosendaal en Nispen, NL

 

H.J. van Garder (Hendrika Josephine)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 1997-05-01

Date of birth: 1965-06-30, Barneveld, NL

A.P. Markesteijn (Arie Pieter)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2001-06-01

Date of birth: 1965-05-24, Papendrecht, NL

 

S.B. Postma (Siebert Brugt)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2001-10-01

Date of birth: 1966-02-28, Zwolle, NL

 

H.H. van Rheenen (Helmert Hendrik)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2001-09-01

Date of birth: 1967-07-07, Barneveld, NL

 

A.P.M. Huppertz (Anthonius Philippus Maria)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2003-05-01

Date of birth: 1958-06-04, Woudenberg, NL

 

R.J. de Jonge (Robert Jan)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2003-05-01

Date of birth: 1961-09-05, Bussum, NL

 

M. Blaauw (Marjolein)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2006-02-01

Date of birth: 1963-02-27, Amsterdam, NL

 

R.W. Koedijk (Robert Willem)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2007-04-02

Date of birth: 1973-07-19, Wieringermeer, NL

 


W. Bos (Wouterus)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2007-04-02

Date of birth: 1966-02-07, Bunschoten, NL

 

P.M. Meijer (Pieter Martinus)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 1997-05-01

Date of birth: 1957-12-18, Amersfoort, NL

 

G.H. van de Meerendonk (Gertjan Hein)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2005-01-01

Date of birth: 1964-06-23, Laren, NL

 

M.M. Hogendoorn - Wassenaar (Margaretha Maria)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2006-08-01

Date of birth: 1966-07-13, 's-Gravenhage, NL

 

O. van Rikxoort (Oscar)

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2009-09-01

Date of birth: 1969-06-07, Ridderkerk, NL

 

J.W. de With (Jan Willem)

Netherlands

Competence: Limited authorization

Function: Secretaris

Starting date: 1997-05-01

Date of birth: 1953-11-07, Apeldoorn, NL

 

 

Employees

 

Total according to the Chamber of Commerce 338

 

Year                             2014     2013     2012     2011     2010

Total                             338       78         78         78         78

 

 

 

 

Payments

 

Description                               The payments are regular

 

 

Analysis

 

Branch (SBI)                              MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS (20)

 

Region                                      Oostelijk Utrecht

 

In the Netherlands 1323 of the companies are registered with the SBI code 20

In the region Oostelijk Utrecht 34 of the companies are registered with the SBI code 20

In the Netherlands 21 of the bankrupcties are published within this sector

In the region Oostelijk Utrecht 1 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 Oostelijk Utrecht is normal

 

 

Publications

 

Consent statements                   01-02-2013: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.

31-01-2012: Voor boekjaar 2010 is een instemmingsverklaring gedeponeerd.

21-03-2011: Voor boekjaar 2009 is een instemmingsverklaring gedeponeerd.

26-02-2010: Voor boekjaar 2008 is een instemmingsverklaring gedeponeerd.

 

Liability statements                    05-03-2013: Per 31-01-2013 is een aansprakelijkheidsverklaring door Norit N.V.. Per

30-1-2013 is gedeponeerd een intrekking aansprakelijkheidsverklaring door Norit

International N.V. ingetrokken.

05-03-2013: Per 04-03-2013 is een aansprakelijkheidsverklaring door Norit N.V.. Per

30-1-2013 is gedeponeerd een aansprakelijkheidsverklaring door Norit N.V. gedeponeerd.

01-02-2013: Per 30-01-2013 is een aansprakelijkheidsverklaring door Norit International N.V..

Per 31-1-2013 is gedeponeerd een intrekking aansprakelijkheidsverklaring door Norit N.V.

ingetrokken.

01-02-2013: Per 30-01-2013 is een aansprakelijkheidsverklaring door Norit N.V.

gedeponeerd.

 

Functions                                  31-01-2014: Per 31-12-2013 is gevolmachtigde Jeroen Lambertus Johannes Hogervorst uit

functie getreden.

04-10-2013: Per 30-09-2013 is bestuurder Gerardus Christiaan Paulus Jacobus Maters in

functie getreden.

04-10-2013: Per 30-09-2013 is bestuurder 31014453 Norit International N.V. uit functie

getreden.

04-10-2013: Per 30-09-2013 is bestuurder Paulus Johannes Bernardus Ganzeboom uit

functie getreden.

04-10-2013: Per 30-09-2013 is bestuurder 31048655 Norit EAPA Holding B.V. uit functie

getreden.

05-11-2012: Per 15-04-2012 is gevolmachtigde René Haarman uit functie getreden.

07-09-2012: Per 05-09-2011 is gevolmachtigde Josephus Gerardus Maria Schut uit functie

getreden.

17-05-2011: Per 12-05-2011 is gevolmachtigde Antonie Ruijtenberg uit functie getreden.

28-10-2010: Per 01-09-2010 is gevolmachtigde Martin John Fisher uit functie getreden.

 

Amendments                             04-10-2013: Per 30-9-2013 is de bevoegdheid van Bestuurder Jasper Joost van Empelen gewijzigd.

04-10-2013: Per 30-9-2013 is de bevoegdheid van Bestuurder Bartholomeus Petrus

Genemans gewijzigd.

03-10-2013: Per 30-9-2013 statuten gewijzigd.

05-04-2013: Per 4-4-2013 statuten gewijzigd. Per 4-4-2013 naam gewijzigd in: Cabot Norit

Nederland B.V..

 

 

Company structure

 

Relations                                  7

 

Cabot Activated Carbon Holding

United Kingdom

 

• Cabot Activated Carbon B.V.

Botlekstraat 2

3197KA BOTLEK ROTTERDAM

Netherlands

Registration number: 557253680000

• Norit Holding B.V.

Nijverheidsweg-Noord 72

3812PM AMERSFOORT

Netherlands

Registration number: 342740120000

• Norit International N.V.

Nijverheidsweg-Noord 72

3812PM AMERSFOORT

Netherlands

Registration number: 310144530000

• Norit EAPA Holding B.V.

Nijverheidsweg-Noord 72

3812PM AMERSFOORT

Netherlands

Registration number: 310486550000

• Cabot Norit Nederland B.V.

Nijverheidsweg-Noord 72

3812PM Amersfoort

Netherlands

Registration number: 310202460000

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.12

UK Pound

1

Rs.103.93

Euro

1

Rs.85.17

 

 

INFORMATION DETAILS

 

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.