MIRA
INFORM REPORT
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Report Date : |
30.01.2014 |
IDENTIFICATION DETAILS
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Name : |
LS ALLOYS TRADING SARL |
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Registered Office : |
Immeuble Solarwind, 11, Rue
De L’industrie, 8399 Windhof |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
29.06.2012 |
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Com. Reg. No.: |
B 162.263 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Supplier of
ferro-alloys and metals |
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No. of Employees : |
01 (2014) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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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) |
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Luxembourg |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Luxembourg ECONOMIC OVERVIEW
This small,
stable, high-income economy - benefiting from its proximity to France, Belgium,
and Germany - has historically featured solid growth, low inflation, and low
unemployment. The industrial sector, initially dominated by steel, has become
increasingly diversified to include chemicals, rubber, and other products.
Growth in the financial sector, which now accounts for about 27% of GDP, has
more than compensated for the decline in steel. Most banks are foreign-owned
and have extensive foreign dealings, but Luxembourg has lost some of its
advantages as a favorable tax location because of OECD and EU pressure. The
economy depends on foreign and cross-border workers for about 40% of its labor
force. Luxembourg, like all EU members, suffered from the global economic
crisis that began in late 2008, but unemployment has trended below the EU
average. Following strong expansion from 2004 to 2007, Luxembourg's economy
contracted 3.6% in 2009, but rebounded in 2010-11 before slowing again in 2012.
The country continues to enjoy an extraordinarily high standard of living - GDP
per capita ranks among the highest in the world, and is the highest in the euro
zone. Turmoil in the world financial markets and lower global demand during
2008-09 prompted the government to inject capital into the banking sector and
implement stimulus measures to boost the economy. Government stimulus measures
and support for the banking sector, however, led to a 5% government budget
deficit in 2009. Nevertheless, the deficit was cut to 1.1% in 2011 and 0.9% in
2012. Even during the financial crisis and recovery, Luxembourg retained the
highest current account surplus as a share of GDP in the euro zone, owing
largely to their strength in financial services. Public debt remains among the
lowest of the region although it has more than doubled since 2007 as percentage
of GDP. Luxembourg's economy, while stabile, grew slowly in 2012 due to ongoing
weak growth in the euro area. Authorities have strengthened supervision of
domestic banks because of their exposure to the activities of foreign banks.
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Source : CIA |
Summary
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Company name |
LS
ALLOYS TRADING SARL |
|
Operative
address |
Immeuble
Solarwind 11,
rue de l’industrie 8399
Windhof |
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Risk |
Average risk |
|
Status |
Active |
|
Legal form |
Private limited liability company |
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Registration number |
Trade register number: B
162.263 (Luxembourg) |
Contact information
|
Company
name |
LS ALLOYS TRADING SARL |
|
Operative
address |
Immeuble Solarwind 11, rue de l’industrie 8399 Windhof |
|
Correspondence
address |
RUE DE LUXEMBOURG 71 |
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Telephone
number |
+352 2630841 | +352 26308455 |
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Fax number |
+352 26308455 |
Registration
|
Registration
number |
Trade register number: B
162.263 (Luxembourg) |
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Status |
Active |
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Establishment
date |
2012-06-29 |
|
Legal
form |
Private limited liability
company |
activity
Suppliers of ferro-alloys and metals
Products
Bulk alloys
Silico Manganese
Silico Maganese Low Carbon
Ferro Manganese High Carbon
Ferro Maganese Medium Carbon
(C max 1,5% - C max 1%)
Ferro Silicon 75%
Ferro Silicon 65%
Ferro Silicon 45%
Ferro Chrome High Carbon
Ferro Chrome Low Carbon
Ferro Phosphorous.
Noble alloys
Ferro Molybdenum
Ferro Vanadium 80%
Ferro Vanadium 50%
Ferro Titanium 70%
Ferro Titanium 35%
Ferro Tungsten
Molybdenum Oxide
Vanadium Pentoxide
Ferro Boron
Nitrided Manganese Metal
Nitrided Ferro Chrome
Metal
Manganese Metal Lumpy
Manganese Metal Flakes
Manganese Metal Briquettes
Cobalt
Nickel
Silicon Metal (553 - 441 - 3302)
Magnesium ingots
Relations
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Shareholders |
ULTIMATE GLOBAL SHAREHOLDER |
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Management
|
Management |
Fullname: Mr Stephane Blaise |
Employees
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Year |
2014 |
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Total |
1 |
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Financial analysis
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Trend |
Can not be evaluated due to the lack of sufficient
financial data |
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Profitability |
Can not be evaluated |
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Solvability |
Can not be evaluated |
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Liquidity |
Positive |
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Show amount in |
Euro |
Financial
statement
|
Remark annual account |
This company is not obliged to file its financial
statements |
Publications
|
Remarks |
Status: Active |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.20 |
|
UK Pound |
1 |
Rs.103.12 |
|
Euro |
1 |
Rs.84.96 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
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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 |
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-- |
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.