MIRA INFORM REPORT

 

 

Report Date :

17.01.2014

 

IDENTIFICATION DETAILS

 

Name :

DIDI FASHION B.V.

 

 

Registered Office :

Celsiusstraat 2, 1704RW Heerhugowaard

 

 

Country :

Netherlands

 

 

Date of Incorporation :

02.01.1977

 

 

Com. Reg. No.:

37046339

 

 

Legal Form :

Private Company

 

 

Line of Business :

Design and manufacture of and trade in ladies clothing

 

 

No. of Employees :

Not Available

 

 

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                      DIDI FASHION B.V.

Operative address                   Celsiusstraat 2

1704RW Heerhugowaard

Netherlands

Legal form                               Private Company

Registration number                KvK-nummer: 37046339

VAT-number                            004963015

 

 

Contact information

 

Company name                       Didi Fashion B.V.

Trade names                           Didi Fashion B.V.

Didi Fashion B.V.

Operative address                   Celsiusstraat 2

1704RW Heerhugowaard

Netherlands

Correspondence address         Postbus 134

1700AC Heerhugowaard

Netherlands

Telephone number                  0883225500

Fax number                             0725751443

Email address                          info@didi.nl

Website                                   www.coltex.nl

 

 

Registration

 

Registration number                KvK-nummer: 37046339

Branch number                        000017943329

VAT-number                            004963015

Status                                      Active

Memorandum                          1979-09-26

Establishment date                  1977-01-02

Legal form                               Private Company

Last proposed admendment    1985-05-20

 

 

Activities

 

SBI                                           Manufacture of other outerwear (1413)

Wholesale of outerwear (46421)

Exporter                                   No

Importer                                   No

Goal                                         Design and manufacture of and trade in ladies clothing

 

 

Relations

 

Shareholders                           Didi Holding B.V.

Celsiusstraat 2

1704RW Heerhugowaard

Netherlands

Registration number: 59314206

Percentage: 100.00%

 

Didi Holding B.V.

Celsiusstraat 2

1704RW Heerhugowaard

Netherlands

Registration number: 59314206

Percentage: 100.00%

 

Companies on same address Amount: 71

Liability statements                 Coltex Retail Group B.V.

Celsiusstraat 2

1704RW HEERHUGOWAARD

Netherlands

Registration number: 310244830000

date of issue: 2012-06-07

Starting date: 2010-06-30

End date: 2013-12-30

 

 

Management

 

Active management                Coltex Holding B.V.

Celsiusstraat 2

1704RW HEERHUGOWAARD

Netherlands

Registration number: 370226440000

Competence: Fully authorized

Function: Manager

Starting date: 1997-04-01

 

Payments

 

Description                              Payments are made regularly no complaints are known

Analysis

 

Branch (SBI)                            Manufacture of wearing apparel (14)

Region                                     Noord-Holland Noord

In the Netherlands 2020 of the companies are registered with the SBI code 14

In the region Noord-Holland Noord 61 of the companies are registered with the SBI code 14

In the Netherlands 32 of the bankrupcties are published within this sector

In the region Noord-Holland Noord 2 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 Noord-Holland Noord is normal

 

 

Publications

 

Consent statements                 06-12-2013: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd.

15-06-2012: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.

08-06-2012: Voor boekjaar 2010 is een instemmingsverklaring gedeponeerd.

31-01-2011: Voor boekjaar 2009 is een instemmingsverklaring gedeponeerd.

01-02-2010: Voor boekjaar 2008 is een instemmingsverklaring gedeponeerd.

Liability statements                 30-12-2013: Per 27-12-2013 is een aansprakelijkheidsverklaring door Coltex Retail Group B.V. ingetrokken.

15-06-2012: Per 07-06-2012 is een aansprakelijkheidsverklaring door Coltex Retail Group B.V. gedeponeerd.

08-06-2012: Per 07-06-2012 is een aansprakelijkheidsverklaring door Coltex Beheer B.V. ingetrokken.

08-06-2012: Per 07-06-2012 is een aansprakelijkheidsverklaring door Coltex Retail Group B.V. gedeponeerd.

 

 

Functions                                 11-07-2012: Per 01-01-2012 is gevolmachtigde Cornelis Simon Jozef Stoop uit functie getreden.

10-10-2011: Per 01-09-2011 is gevolmachtigde Pieter Willem Kersloot uit functie getreden.

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 :

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.