MIRA
INFORM REPORT
|
Report Date : |
17.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
CONSTRUEXPORT 2010 SL |
|
|
|
|
Registered Office : |
C/ Cabezon, 114 - Urb. La Chopera. - Rozas De Madrid (Las) - 28232 -
Madrid |
|
|
|
|
Country : |
Spain |
|
|
|
|
Date of Incorporation : |
20.01.2011 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Engaged in construction work and reform of real estate properties |
|
|
|
|
No. of Employees : |
Not 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 |
|
|
|
|
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Spain ECONOMIC OVERVIEW
After almost 15
years of above average GDP growth, the Spanish economy began to slow in late
2007 and entered into a recession in the second quarter of 2008. GDP contracted
by 3.7% in 2009, ending a 16-year growth trend, and by another 0.3% in 2010;
GDP expanded 0.4% in 2011, before contracting 1.4% in 2012. The economy has
once again fallen into recession as deleveraging in the private sector, fiscal
consolidation, and continued high unemployment weigh on domestic demand and
investment, even as exports have shown signs of resiliency. The unemployment
rate rose from a low of about 8% in 2007 to 26.0% in 2012. The economic
downturn has also hurt Spain's public finances. The government budget deficit
peaked at 11.2% of GDP in 2010 and the process to reduce this imbalance has
been slow despite the central government's efforts to raise new tax revenue and
cut spending. Spain reduced its budget deficit to 9.4% of GDP in 2011, and
roughly 7.4% of GDP in 2012, above the 6.3% target negotiated between Spain and
the EU. Although Spain''s large budget deficit and poor economic growth
prospects remain a source of concern for foreign investors, the government''s
ongoing efforts to cut spending and introduce flexibility into the labor
markets are intended to assuage these concerns. The government is also taking
steps to shore up the banking system, namely by using up to $130 billion in EU
funds to recapitalize struggling banks exposed to the collapsed domestic
construction and real estate sectors.
|
Source : CIA |
EXECUTIVE SUMMARY
|
Name: |
CONSTRUEXPORT
2010 SL |
|
NIF
/ Fiscal code: |
B86110707 |
|
Status: |
ACTIVE |
|
Incorporation
Date: |
20/01/2011 |
|
Register
Data |
Register
Section 8 Sheet 513108 |
|
Last
Publication in BORME: |
11/02/2013
[Miscellaneous Concepts] |
|
Share
Capital: |
3.006 |
|
|
|
|
Localization: |
C/
CABEZON, 114 - URB. LA CHOPERA. - ROZAS DE MADRID (LAS) - 28232 - MADRID |
|
Telephone
- Fax - Email - Website: |
Ph.:.
671411531 |
|
|
|
|
Activity: |
|
|
NACE: |
4121
- Construction of residential buildings |
|
Registered
Trademarks: |
|
|
Audited
/ Opinion: |
No |
|
Tenders
and Awards: |
0
for a total cost of 0 |
|
Subsidies: |
0
for a total cost of 0 |
|
Quality
Certificate: |
No |
|
|
|
Number |
Amount (€) |
Most Recent Entry |
|
Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
|
Defaults
on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial
Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
|
None |
0 |
--- |
|
Proceedings
heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings
heard by the Labour Court |
|
Unpublished |
0 |
--- |
Partners:
|
JOAQUIN
FREJO SELLES |
100
% |
|
|
Shares: |
0 |
|
|
Other
Links: |
0 |
|
|
No.
of Active Corporate Bodies: |
SINGLE
ADMINISTRATOR 1 |
|
|
Guarantees: |
|
|
Properties
Registered: |
Company
NO, Administrator NO |
|
Financing
/ Guarantee Sources : |
Sources
NO, Guarantees NO |
|
|
|
|
INVESTIGATION SUMMARY |
|
|
It
is a small size company engage in works of construction which has little
commercial activity at present. |
|
Identification
|
Social
Denomination: |
CONSTRUEXPORT 2010 SL |
|
NIF
/ Fiscal code: |
B86110707 |
|
Corporate
Status: |
ACTIVE |
|
Start
of activity: |
2011 |
|
Registered
Office: |
C/ CABEZON, 114 - URB. LA
CHOPERA. |
|
Locality: |
ROZAS DE MADRID (LAS) |
|
Province: |
MADRID |
|
Postal
Code: |
28232 |
|
Telephone: |
671411531 |
Activity
|
NACE: |
4121 |
|
CNAE
Obtaining Source: |
4121 |
|
Additional
Information: |
Works of construction and
reform of real estate properties. According to the consulted sources, the
commercial activity of the company is negligible at present given the
situation of the sector. |
|
Additional
Address: |
Cabezón 114 Urb La Chopera
28232 Las Rozas de Madrid (Madrid), registered office and office, in rented
premises. |
|
Import
/ export: |
DOES NOT IMPORT / DOES NOT
EXPORT |
|
Future
Perspective: |
Face recession |
|
Industry
situation: |
Decline |
|
Number of Employees |
|||||
|
|
Year |
No. of employees |
Established |
Incidentals |
|
|
|
2014 |
0 |
|
|
|
Chronological Summary
|
|||
|
|
|
|
|
|
|
Year |
Act |
|
|
|
2011 |
Appointments/ Re-elections
(1) Company Formation (1) Declaration of Sole Propietorship (1) |
|
|
|
2012 |
Appointments/ Re-elections
(1) Cessations/ Resignations/ Reversals (1) Change of Social Purpose (1)
Change of Social address (1) Declaration of Sole Propietorship (1) Loss of
the sole propietorship condition (1) Other Concepts/ Events (1) Statutory
Modifications (1) |
|
|
|
2013 |
Appointments/ Re-elections
(1) Cessations/ Resignations/ Reversals (1) Change of Social address (1)
Declaration of Sole Propietorship (1) Loss of the sole propietorship
condition (1) Other Concepts/ Events (1) |
|
Main
Historic Changes
|
|||
|
|
|
|
|
|
Concept |
Publication |
Act |
Date |
|
Corporate Purpose Changes: |
ACTIVIDAD AGRÍCOLA,
ACTIVIDAD GANADERA, ACTIVIDAD FORESTAL, ACTIVIDAD PESQUERA, ACTIVIDAD
INDUSTRIAL, |
Company Formation |
14/02/2011 |
Breakdown
of Owners' Equity
|
|
|
Registered
Capital: |
3.006 |
|
Paid
up capital: |
3.006 |
Updated
Evolution of the Subscribed and Paid-in Capital
|
|||||
|
|
|||||
|
|
|
|
|
|
|
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
02/02/2011 |
Company Formation |
3.006 |
3.006 |
3.006 |
3.006 |
|
Active Social Bodies
|
||||
|
|
|
|||
|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in this
Company |
|
|
SINGLE PARTNER |
FREJO SELLES JOAQUIN |
04/02/2013 |
2 |
|
|
SINGLE ADMINISTRATOR |
FREJO SELLES JOAQUIN |
04/02/2013 |
2 |
|
Historical
Social Bodies
|
Social Body's Name |
Post published |
End Date |
Other Positions in this
Company |
|
CUEVAS SANZ JOSE LUIS |
SINGLE ADMINISTRATOR |
04/02/2013 |
2 |
|
|
SINGLE PARTNER |
04/02/2013 |
|
|
TORRES RON DAVID |
SINGLE ADMINISTRATOR |
06/03/2012 |
2 |
|
|
SINGLE PARTNER |
06/03/2012 |
|
Executive
board
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
JOAQUIN FREJO SELLES |
|
MANAGING DIRECTOR |
|
JOAQUIN FREJO SELLES |
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
|
|
|
Number
of Publications |
Amount
(_) |
Start
date |
End
date |
|
Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults
on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
|
|
|
Status:
Friendly |
|
--- |
|
|
|
|
Status:
Pre-Litigation |
|
--- |
|
|
|
|
Status:
Litigation |
|
--- |
|
|
|
|
Status:
Non-performing |
|
--- |
|
|
|
|
Status:
insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other
status |
|
--- |
|
|
|
|
Legal
and Administrative Proceedings |
|
Unpublished |
--- |
|
|
|
Notices
of defaults and enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations
of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings
heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings
heard by the Labour Court |
|
Unpublished |
--- |
|
|
Probability
of default
> Probabilidad Estimada
de Impago para los próximos 12 meses: 5 %
> Latest Rating Changes :
|
Sector
in which comparison is carried out : 015 Mixed
farming |
|
|
Relative
Position:
|
The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.
The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 5.04%.
In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.
LEGAL CLAIMS
|
Summary
of Judicial Claims |
|
|
|
|
|
|
|
No se han publicado |
|
|
|
No se han publicado |
|
|
|
|
|
|
|
No se han publicado |
|
|
|
No se han publicado |
|
|
|
No se han publicado |
|
|
|
No se han publicado |
|
|
|
|
|
|
|
No se han publicado |
|
|
|
No se han publicado |
|
|
|
|
|
|
|
No se han publicado |
Guarantees
|
References |
|
Link List |
|
SHAREHOLDERS: |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
|
SHAREHOLDERS |
JOAQUIN FREJO SELLES |
|
100 |
Turnover
|
|
|
Total
Sales |
6.268.448,30 |
|
Financial Accounts and Balance Sheets |
Financial Years Presented
|
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.
|
News |
|
Public Tenders and Works Won |
No Public Tenders assigned to the name of the company.
|
Research Summary |
|
It
is a small size company engage in works of construction which has little
commercial activity at present. |
|
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.61.53 |
|
UK Pound |
1 |
Rs.100.73 |
|
Euro |
1 |
Rs.83.84 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.