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Report Date : |
30.07.2014 |
IDENTIFICATION DETAILS
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Name : |
DAS TECH SOLUTIONS SL |
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Registered Office : |
C/ Algemesi, 2 3 46. - Castellon De La Plana/Castello De
La Plana - 12006 - Castellon |
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Country : |
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Date of Incorporation : |
21.01.2013 |
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Legal Form : |
Private Company |
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Line of Business : |
Subject is engaged in engineering and projects, specialized in
products drying and hardening, as well as the design and technical assistance
for businesses in the energy sector, drying materials, robotics and transport |
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|
|
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No. of Employees |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
|
-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Spain |
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 |
SPAIN ECONOMIC OVERVIEW
Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013
|
Source
: CIA |
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Name: |
DAS TECH SOLUTIONS
SL |
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NIF / Fiscal code: |
B12902003 |
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Trade Name |
DAS TECH SOLUTIONS |
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Status: |
ACTIVE |
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Incorporation Date: |
21/01/2013 |
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Register Data |
Register Section 8 Sheet 35018 |
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Last Publication in BORME: |
30/01/2013 [Appointments] |
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Share Capital: |
3.010 |
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Localization: |
C/ ALGEMESI, 2 3 46. - CASTELLON DE LA PLANA/CASTELLO DE LA PLANA - 12006 - CASTELLON |
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Telephone - Fax - Email - Website: |
Ph.:. 687745842 Email. info@dastechsolutions.com Website. www.dastechsolutions.com |
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Activity: |
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NACE: |
7112 - Engineering activities and related technical consultancy |
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Registered Trademarks: |
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Audited / Opinion: |
No |
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Tenders and Awards: |
0 for a total cost of 0 |
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Subsidies: |
0 for a total cost of 0 |
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Quality Certificate: |
No |
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Number |
Amount (€) |
Most Recent Entry |
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Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
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Defaults on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
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Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
|
None |
0 |
--- |
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Proceedings heard by the Civil Court |
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Unpublished |
0 |
--- |
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Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
Partners
|
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VICENTE ALCACER MARTIN |
100 % |
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Shares: |
0 |
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Other Links: |
0 |
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No. of Active Corporate Bodies: |
SINGLE ADMINISTRATOR 1 |
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|
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Guarantees: |
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Properties Registered: |
Company NO, Administrator NO |
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Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
The business entity consulted DAS TECH SOLUTIONS SL nif B12902003 was established in Castellón for an indefinite duration in January 2013 and its social aim are engineering and manufacturing services, trade and brokering of chemical and synthetic products, paints, resins, adhesives, varnishes, lacquers, etc. According to the sources consulted, it has a good commercial course. |
Identification
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|
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Social Denomination: |
DAS TECH SOLUTIONS SL |
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Trade Name: |
DAS TECH SOLUTIONS |
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NIF / Fiscal code: |
B12902003 |
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Corporate Status: |
ACTIVE |
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Start of activity: |
2013 |
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Registered Office: |
C/ ALGEMESI, 2 3 46. |
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Locality: |
CASTELLON DE LA PLANA/CASTELLO DE LA PLANA |
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Province: |
CASTELLON |
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Postal Code: |
12006 |
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Telephone: |
687745842 |
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Website: |
www.dastechsolutions.com |
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Email: |
info@dastechsolutions.com |
Activity
|
|
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NACE: |
7112 |
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Additional Information: |
The company is known for being engaged in engineering and projects, specialized in products drying and hardening, as well as the design and technical assistance for businesses in the energy sector, drying materials, robotics and transport. |
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Additional Address: |
Social registered in Algemesi 2 3 46, 12006 de Castellón de la Plana. |
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Franchise: |
No |
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Import / export: |
DOES NOT IMPORT / DOES NOT EXPORT |
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Future Perspective: |
Product / service improvement |
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Industry situation: |
Maturity |
Number of Employees
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|
|
Year |
No. of employees |
Established |
Incidentals |
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2014 |
0 |
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Chronological Summary
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|||
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Year |
Act |
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2013 |
Appointments/ Re-elections (1) Company Formation (1) Declaration of Sole Propietorship (1) |
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Breakdown of Owners' Equity
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|
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Registered Capital: |
3.010 |
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Paid up capital: |
3.010 |
Updated Evolution of the
Subscribed and Paid-in Capital
|
|||||
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Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
23/01/2013 |
Company Formation |
3.010 |
3.010 |
3.010 |
3.010 |
Active Social Bodies
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|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in this Company |
|
SINGLE PARTNER |
ALCACER MARTIN VICENTE |
23/01/2013 |
2 |
|
SINGLE ADMINISTRATOR |
ALCACER MARTIN VICENTE |
23/01/2013 |
2 |
Executive board
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Post |
NIF |
Name |
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ADMINISTRATOR |
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VICENTE ALCACER MARTIN |
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DIRECTOR/GENERAL MANAGER |
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VICENTE ALCACER MARTIN |
Defaults,
Legal Claims and Insolvency Proceedings
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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
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|
|
Number of Publications |
Amount (_) |
Start date |
End date |
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Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
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--- |
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Resolution |
|
--- |
--- |
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--- |
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Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
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Status: Friendly |
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--- |
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Status: Pre-Litigation |
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--- |
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Status: Litigation |
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--- |
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Status: Non-performing |
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--- |
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Status: insolvency proceedings, bankruptcy and suspension of payments |
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--- |
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Other status |
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--- |
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Legal and Administrative Proceedings |
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Unpublished |
--- |
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Notices of defaults and enforcement |
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--- |
--- |
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--- |
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Seizures |
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--- |
--- |
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--- |
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Auctions |
|
--- |
--- |
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--- |
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Declarations of insolvency and bad debt |
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--- |
--- |
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--- |
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Proceedings heard by the Civil Court |
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Unpublished |
--- |
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Proceedings heard by the Labour Court |
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Unpublished |
--- |
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> Basis for rating
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Positive Factors |
Adverse Factors |
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No judicial claims have been detected in the Official Gazettes, regarding any Entity's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions. No irregular payment performance has been detected based on information obtained from credit bureaus. It belongs to a sector where positive signs of recovery seen in the evolution of rates Gross Value Added |
There are no links to micro-enterprises or SMEs. It does not have sufficient experience in the Sector due to its recent incorporation. Since its creation, it has not submitted any balance sheets to the Registry of Commerce, a fact that prevents the obtention of a true picture of the company's assets and financial situation, thus acting contrary to the laws in force and to the principle of transparency. Among the companies with similar characteristics, DAS TECH SOLUTIONS SL is located in one of the autonomous communities that have shown lesser business development in Spain. In principle, this feature hinders the consolidation of companies. |
Probability of default
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> Probabilidad Estimada de Impago para los próximos 12 meses: 6.309 %
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Sector in which comparison is carried out : 711 Architectural and engineering activities and related technical consultancy |
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Relative Position: Credit quality is superior to that of other companies in the same sector. |
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 6.309%.
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 |
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PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION |
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||
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Legal Proceedings (Bankruptcy Law 22/2003) |
No se han publicado |
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Quiebras y Suspensiones de Pagos (anterior legislación concursal) |
No se han publicado |
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INCIDENCES WITH THE PUBLIC ADMINISTRATIONS |
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||
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Incidences with the Tax Agency |
No se han publicado |
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Incidences with the Social Security |
No se han publicado |
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Incidences with the Autonomous Administration |
No se han publicado |
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Incidences with the Local Administration |
No se han publicado |
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PROCEDURES BEFORE COURTS OF CIVIL MATTERS |
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||
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Procedures by the Civil Procedural Law 1/2000 |
No se han publicado |
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Proceedings by the old Civil Procedural Law 1.881 |
No se han publicado |
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PROCEEDINGS BEFORE THE INDUSTRIAL TRIBUNAL |
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||
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Procedimientos ante Juzgados de lo Social |
No se han publicado |
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Suppliers |
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Name |
NIF |
Telephone |
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TECNEMA TECHNOLOGY |
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SHAREHOLDERS: |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
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SHAREHOLDERS |
VICENTE ALCACER MARTIN |
|
100 |
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Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
Public Tenders and Works Won
|
No Public Tenders assigned to the name of the company.
Research Summary
|
|
The business entity consulted DAS TECH SOLUTIONS SL nif B12902003 was established in Castellón for an indefinite duration in January 2013 and its social aim are engineering and manufacturing services, trade and brokering of chemical and synthetic products, paints, resins, adhesives, varnishes, lacquers, etc. According to the sources consulted, it has a good commercial course. |
Sources
|
|
Registry of Commerce''s Official Gazette. Own and external data bases Company References Investigación |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.80.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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|
|
|
Report Prepared
by : |
NIS |
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 |
|
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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 |
|
|
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.