Mira INFORM REPORT

 

 

Report Date :

25.07.2014

 

IDENTIFICATION DETAILS

 

Name :

INDIGO INTERNATIONAL SP. Z O.O.

 

 

Registered Office :

Janki al. Krakowska 37, 05-090 Raszyn

 

 

Country :

Poland

 

 

Date of Incorporation :

29.10.2013

 

 

Com. Reg. No.:

Krs 488761

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

·         Engaged in manufacturing and sale of furniture

Engaged in wholesaling furniture carpets and lighting equipment

Engaged as Restaurants

Engaged as other transportation activities

Engaged as other publishing

 

 

No of Employees :

Not Available 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

--

 

Status :

New Company

 

 

Payment Behaviour :

Unknown 

 

 

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 – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Poland

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

poland ECONOMIC OVERVIEW

 

Poland has pursued a policy of economic liberalization since 1990 and Poland's economy was the only one in the EU to avoid a recession through the 2008-09 economic downturn. Although EU membership and access to EU structural funds have provided a major boost to the economy since 2004, GDP per capita remains significantly below the EU average while unemployment continues to exceed the EU average. The government of Prime Minister Donald TUSK steered the Polish economy through the economic downturn by skillfully managing public finances and adopting controversial pension and tax reforms to further shore up public finances. While the Polish economy has performed well over the past five years, growth slowed in 2012 and 2013, in part due to the ongoing economic difficulties in the euro zone. Short-term, the key policy challenge will be to consolidate debt and spending without stifling economic growth. Over the longer term, Poland's economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labor code, commercial court system, government red tape, and burdensome tax system.

 

Source : CIA

 

 


Company name & address

 

INDIGO INTERNATIONAL sp. z o.o.

 

Janki
 al. Krakowska 37
05-090 Raszyn

E-mail:   artur@indigo.info.pl

meble@indigo.info.pl

Website:  www.indigogroup.com.pl

 

 

 

Company SUMMARY

 

Legal form

Limited liability company

 

Stat.no.

147006201

 

Tax ID

PL 5342494812

 

 

Establishment

29.10.2013

 

 

Registration:

02.12.2013, District Court Warszawa, XIV Department, KRS 488761

 

Shareholders

Amrita Lalwani , personal ID no. (PESEL) 68051514082

PLN

475 000,00
95,00%

 

 

 

 

 

Harendra Singh , Falenty Nowe, ul. Falencka 17/30, 05-090 Raszyn

PLN

25 000,00
5,00%

 

list entered to NCR /KRS/ on  30.05.2014

 

 

 

Initial Capital

 

PLN 500 000,00

 

Initial capital divided into 500 shares of PLN 1 000,00 each

 

 

Management

Harendra Singh , Falenty Nowe, ul. Falencka 17/30, 05-090 Raszyn
 - president

 

Proxies:
Haresh Naraindas Lalwani , personal ID no. (PESEL) 64010128011, ul. Różana 4, 05-090 Raszyn
 - independent proxy

 

Representation:
since 02.12.2013 
Each member of the board of directors or proxy individually.

 

 

 

Main activity

Manufacture and sale of furniture

 

 

Branches NACE 2007:

 

 

Manufacture of other furniture

(C.31.09.Z)

 

Wholesale of furniture carpets and lighting equipment

(G.46.47.Z)

 

Manufacture of furniture

(C.31.0)

 

Other transportation activities

(H.49.41.Z)

 

Restaurants

(I.56.10.A)

 

Other publishing

(J.58.19.Z)

 

Employment

No data available

 

Turnover

data not possible to obtain

 

 

 

 

Financial statements

 

      

Balance data is not available due to short period of activity of the said company.

      

 

While rating the company, it is advisable
to take into consideration information about the branch, the company is acting in

(C.31.09.Z - NACE 2007), as at :

31.03.2014

31.12.2013

31.12.2012

31.12.2011

31.12.2010

Current ratio............................

1,60

1,60

1,37

1,62

1,58

Quick ratio..............................

1,01

1,01

0,83

1,02

0,97

Immediate ratio..........................

0,23

0,26

0,19

0,19

0,19

Return on sale...........................

6,78

5,16

4,05

4,13

5,28

Return on assets.........................

2,79

7,75

5,95

6,42

7,40

Return on equity.........................

5,08

13,93

10,96

12,50

13,64

Average trade debtors' days..............

48,86

48,83

49,49

54,15

53,34

Average stock turnover's days............

36,14

39,49

41,93

39,85

44,22

average payables payment period..........

64,51

68,45

80,21

67,45

74,57

Total indebtedness ratio.................

45,05

44,37

45,72

48,62

45,74

Percent share in the examinated group
of companies with net profit.............

80,20

79,60

77,10

82,10

78,30

Sales/revenue per employee in th. PLN....

69,48

251,36

236,49

247,37

209,28

Average sales/revenue per company in
th. PLN..................................

21 035,24

69 164,27

61 129,54

64 355,49

53 109,94

 

 

 

 

 

 

according to the Central Statistical Office

 

 

Locations:

seat:
Janki, al. Krakowska 37, 05-090 Raszyn
Phone:                   22 7156535
E-mail:                  artur@indigo.info.pl
                         meble@indigo.info.pl
Website:                 www.indigogroup.com.pl

Real Estate

No data
Verification of information on real estate ownership position through the Real Estate Register is not covered by the standard report.

 

 

Shares in other companies

As at 01.07.2014 there are no shares in other companies.

 

 

Connections:

Amrita Lalwani , personal ID no. (PESEL) 68051514082
-  PROJEKT K4 Sp. z o.o., ul. Pory 78, 02-757 Warszawa
  · shareholder: PLN 12 500,00 (25,00%)
-  INDIGO IMPEX Sp. z o.o., Janki, al. Krakowska 37, 05-090 Raszyn
  · shareholder: PLN 47 500,00 (95,00%)
-  „PROJEKT K4” SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ GLOBAL sp. k., ul. Pory 78, 02-757 Warszawa
  · Limited partners, Comandite sum: PLN 1 000,00



Haresh Naraindas Lalwani , personal ID no. (PESEL) 64010128011
-  HORYZONT SOPOT sp. z o.o. NIP 5252477980, ul. Foksal 18, 00-372 Warszawa
  · shareholder: PLN 12 500,00 (25,00%)
-  EURO-COLOR sp. z o.o. NIP 9521933791, ul. Solec 81B/A-51, 00-382 Warszawa
  · shareholder: PLN 350 000,00 (50,00%)
-  INDIGO IMPEX Sp. z o.o., Janki, al. Krakowska 37, 05-090 Raszyn
  · proxy
-  PROJEKT K4 Sp. z o.o., ul. Pory 78, 02-757 Warszawa
  · member of board of directors
-  INDIGO GLOBAL Sp. z o.o. NIP PL 5342347643, ul. Solec 81B/A-51, 00-382 Warszawa
  · shareholder: PLN 360 000,00 (20,00%)
-  KUCHNIA BUDDHA Sp. z o.o. NIP 5342438601, Janki, al. Krakowska 37, 05-090 Raszyn
  · shareholder: PLN 50 000,00 (50,00%)
  · president
-  BUDDHA AYURVEDA SPA sp. z o.o., al. Jerozolimskie 11/19/POK. NR 42, 00-508 Warszawa
  · shareholder: PLN 50 000,00 (50,00%)
-  INDYJSKIE STOWARZYSZENIE W POLSCE NIP 5252291904, Kolonia Warszawska, ul. Przezorna 12, 05-552 Wólka Kosowska
  · member of supervisory board
-  HORIZON TEX Sp. z o.o. NIP 7292405232, ul. Praska 15/17, 93-578 Łódź
  · shareholder: PLN 615 000,00 (50,00%)
-  BOLLYWOOD sp. z o.o. NIP 5342384176, Janki, al. Krakowska 37, 05-090 Raszyn
  · shareholder: PLN 25 000,00 (50,00%)
-  SUN TEXTILES sp. z o.o. NIP 5342289615, Sękocin Stary, ul. Sękocińska 32, 05-090 Raszyn
  · shareholder: PLN 60 000,00 (100,00%)
  · president


Harendra Singh 
-  INDIGO IMPEX Sp. z o.o., Janki, al. Krakowska 37, 05-090 Raszyn
  · president

 

 

Data concerning connections are valid as at: 01.07.2014.

 

General information

Despite our hard efforts, we could not achieve more information from available sources.
The subject has not decided to cooperate in elaboration of the report.

Banks

Names of banks were not disclosed

Payment Manner

No data available due to short period of the company's activity

 

Credit capability

Credit capability cannot be evaluated yet, further development of the company remains to be seen.

 

 

Due to short period of activity of the said company

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.00

UK Pound

1

Rs.102.19

Euro

1

Rs.80.68

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

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.