MIRA
INFORM REPORT
|
Report Date : |
31.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
GEA FOOD SOLUTIONS WEERT B.V. |
|
|
|
|
Registered Office : |
De Fuus 8, 6006RV Weert |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
28.02.2010 |
|
|
|
|
Date of Incorporation : |
01.07.1956 |
|
|
|
|
Com. Reg. No.: |
13008971 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Subject is a Holding and finance, consulting, procurement, manage, operate and dispose of registered property, industrial property, perform all industrial, financial and commercial activities. |
|
|
|
|
No. of Employees : |
171 [2012] |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Netherlands is the
sixth-largest economy in the euro-zone and is noted for its stable industrial relations,
moderate unemployment and inflation, sizable trade surplus, and 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. Netherlands,
along with 11 of its EU partners, began circulating the euro currency on 1
January 2002. The Dutch financial sector suffered as a result of the global
financial crisis, due in part to the high exposure of some Dutch banks to US
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. 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. To recover, the government 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
austerity measures in early 2011, mainly reducting expenditures, which resulted
in an improved budget deficit in 2011. However, in 2012 tax revenues dropped,
GDP contracted, and the budget deficit deteriorated. In 2013, the government
budget deficit decreased to 3.3% of GDP due to increased government revenue
from higher taxes. However, spending on social benefits also increased, due to
a rise in unemployment benefits and payments for pensions. The high
unemployment rate and tax increases have contributed to continued decreases in
household disposable income, causing the Dutch economy to contract.
|
Source
: CIA |
|
Company name |
GEA Food
Solutions Weert B.V. |
|
Operative address |
De Fuus 8 |
|
|
6006RV
Weert |
|
|
Netherlands |
|
Legal form |
Besloten
Vennootschap |
|
Registration number |
KvK-nummer:
13008971 |
|
VAT-number |
001114244 |
|
Fixed assets |
137.492.000 |
|
-6,78 |
147.493.000 |
|
-6,14 |
157.139.000 |
|
Total receivables |
61.390.000 |
|
10,73 |
55.442.000 |
|
-18,65 |
68.156.000 |
|
|
|||||||
|
Total equity |
-159.891.000 |
|
-25,71 |
-127.188.000 |
|
-69,93 |
-74.849.000 |
|
Short term liabilities |
118.075.000 |
|
10,05 |
107.295.000 |
|
-27,98 |
148.975.000 |
|
|
|||||||
|
Net result |
-21.254.000 |
* |
59,19 |
-52.077.000 |
|
-67,59 |
-31.074.000 |
|
|
|||||||
|
Working capital |
19.455.000 |
|
-27,40 |
26.798.000 |
t |
53,91 |
17.412.000 |
|
Quick ratio |
0,80 |
|
6,67 |
0,75 |
t |
33,93 |
0,56 |
Contact Information
Company name GEA Food Solutions Weert B.V.
Trade names GEA Food Solutions
Weert B.V.
Operative address De Fuus 8
6006RV Weert
Netherlands
Correspondence address Postbus 296 6000AG
Weert
Netherlands
Telephone number 0495457777
Fax number 0495524125
Email address info@cfs.com
Website www.cfs.com
Registration
Registration number KvK-nummer:
13008971
Registered in Kamer van
Koophandel Limburg
Branch number 000016392884
VAT-number 001114244
Status Active
First registration company register 1963-10-21
Memorandum 1963-10-14
Establishment date 1956-07-01
Legal form Besloten
Vennootschap
Legal person since 1972-07-17
Last proposed admendment 2012-06-12
ACTIVITIES
Activities
SBI Financial holding
(6420)
Exporter Yes
Importer No
Goal Holding and finance,
consulting, procurement, manage, operate and
dispose of registered property, industrial
property, perform all
industrial, financial and commercial
activities
Relations
Shareholders GEA
Food Solutions B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 342062470000
Percentage: 100%
Liability statements GEA
Food Solutions B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 342062470000
Bank details
ING Bank NV
Account number: 492695
ING Bank NV
Account number: 75.99.36.897
Accounts
Rabobank Nederland
Account number: 19.23.30.314
Management
Active management H.P.M. Neijnens (Henricus Petrus Maria)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2009-04-01
Date of birth: 1954-08-06, Nederweert, NL
Involved with the following companies
• GEA Food Solutions B.V.
Beekakker 11
5761EN BAKEL
Netherlands
Registration number: 170850900000
Function: Manager
• GEA CFS International B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170947660000
Function: Manager
• GEA CFS Holding B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170987980000
Function: Manager
• GEA CFS Group B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170987970000
Function: Manager
• Gea Dutch Holding B.V.
Parallelweg 27
5223AL 's-Hertogenbosch
Netherlands
Registration number: 171266270000
Function: Manager
• GEA Food Solutions Bakel B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170441700000
Function: Manager
• GEA Food Solutions B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 342062470000
Function: Manager
H. Harth (Hans-Jörg)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2012-02-21
Date of birth: NL
P. Artz (Peter)
6021ZH
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2010-06-01
Date of birth: 1960-09-02, Eindhoven, NL
C.A.M.M. Alvarez Prida-Op de Broek (Carolina Anna Mathea Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2005-10-01
Date of birth: 1956-06-16, Weert, NL
M. Kämpfert (Michael)
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2012-05-23
Date of birth: 1965-07-02, Bielefeld, DE
Involved with the following companies
• GEA Food Solutions Bakel B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170441700000
Function: Proxy
M.A.M. van Hout (Marc Arnoldus Maria)
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2013-09-25
Date of birth: 1971-07-23, Valkenswaard, NL
Involved with the following companies
• GEA Food Solutions Bakel B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 170441700000
Function: Proxy
M.A.M. van Dael (Maarten Albertus Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-05-28
Date of birth: 1975-08-08, Eindhoven, NL
S.K. Hünseler (Stefan Karl)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-29
Date of birth: 1979-07-13, Bergheim, DE
Employees
|
Year |
2012 |
2011 |
2010 |
2009 |
2007 |
|
Total |
171 |
171 |
163 |
171 |
171 |
Payments
|
Description |
Slow |
Key
figures
|
Year |
2010 |
2009 |
2008 |
2007 |
2006 |
|
Quick ratio |
0,80 |
0,75 |
0,56 |
0,64 |
0,65 |
|
Current ratio |
1,16 |
1,25 |
1,12 |
1,21 |
1,22 |
|
|
|||||
|
Working capital/ balance total |
0,07 |
0,10 |
0,05 |
0,10 |
0,10 |
|
Equity / balance total |
-0,58 |
-0,45 |
-0,23 |
-0,12 |
-0,10 |
|
Equity / Fixed assets |
-1,16 |
-0,86 |
-0,48 |
-0,27 |
-0,21 |
|
Equity / liabilities |
-0,37 |
-0,31 |
-0,19 |
-0,11 |
-0,09 |
|
Balance total / liabilities |
0,63 |
0,69 |
0,81 |
0,89 |
0,91 |
|
|
|||||
|
Working capital |
19.455.000 |
26.798.000 |
17.412.000 |
35.347.000 |
36.316.000 |
|
Equity |
-159.891.000 |
-127.188.000 |
-74.849.000 |
-43.729.000 |
-35.341.000 |
|
Mutation equity |
-25,71 |
-69,93 |
-71,17 |
-23,73 |
|
|
Mutation short term liabilities |
10,05 |
-27,98 |
-11,43 |
1,55 |
|
|
|
|||||
|
Return on total assets (ROA) |
-6,49 |
-19,30 |
-10,23 |
-1,58 |
-3,72 |
|
Return on equity (ROE) |
11,16 |
42,74 |
44,20 |
13,30 |
38,99 |
|
Gross profit margin |
3,50 |
-3,83 |
-1,47 |
4,58 |
2,09 |
|
Net profit margin |
-6,17 |
-13,55 |
-7,92 |
-2,17 |
-2,98 |
|
|
|||||
|
Average collection ratio |
2,92 |
3,58 |
2,63 |
2,50 |
2,49 |
|
Year |
2010 |
2009 |
2008 |
2007 |
2006 |
|
Average payment ratio |
5,61 |
6,93 |
5,76 |
4,59 |
5,04 |
|
Equity turnover ratio |
-2,15 |
-3,02 |
-5,24 |
-9,61 |
-11,65 |
|
Total assets turnover ratio |
1,25 |
1,36 |
1,21 |
1,15 |
1,11 |
|
Fixed assets turnover ratio |
2,51 |
2,61 |
2,50 |
2,57 |
2,44 |
|
Inventory conversion ratio |
8,07 |
7,14 |
4,73 |
4,36 |
4,33 |
|
|
|||||
|
Turnover |
344.430.000 |
384.256.000 |
392.489.000 |
420.235.000 |
411.874.000 |
|
Gross margin |
103.099.000 |
99.101.000 |
106.817.000 |
131.278.000 |
123.714.000 |
|
Operating result |
12.063.000 |
-14.703.000 |
-5.781.000 |
19.256.000 |
8.613.000 |
|
Net result after taxes |
-21.254.000 |
-52.077.000 |
-31.074.000 |
-9.108.000 |
-12.265.000 |
|
|
|||||
|
Cashflow |
-14.099.000 |
-44.920.000 |
-31.074.000 |
10.673.000 |
11.805.000 |
|
EBIT |
12.063.000 |
-14.703.000 |
-5.781.000 |
19.256.000 |
8.613.000 |
|
EBITDA |
19.218.000 |
-7.546.000 |
15.481.000 |
39.037.000 |
32.683.000 |
Summary
The 2010 financial result structure is a postive working captial of 19.455.000 euro, which is in agreement with 7 % of the total assets of the company. The working capital has diminished with -27.4 % compared to previous year. The ratio, with respect to the total assets of the company has however, declined. The deterioration between 2009 and 2010 has mainly been caused by an increase of the current liabilities. The current ratio of the company in 2010 was 1.16. When the current ratio is below 1.5, the company may have problems meeting its short-term obligations. The quick ratio in 2010 of the company was 0.8. A company with a Quick Ratio of less than 1 cannot currently pay back its current liabilities.
The 2009 financial result structure is a postive working captial of 26.798.000 euro, which is in agreement with 10 % of the total assets of the company. The working capital has increased with 53.91 % compared to previous year. The ratio, with respect to the total assets of the company has however, increased. The improvement between 2008 and 2009 has mainly been caused by an increase of the current assets. The current ratio of the company in 2009 was 1.25. When the current ratio is below 1.5, the company may have problems meeting its short-term obligations. The quick ratio in 2009 of the company was 0.75. A company with a Quick Ratio of less than 1 cannot currently pay back its current liabilities.
Financial statement
Type of annual account Consolidated
Annual account GEA
Food Solutions B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 342062470000
Balance
|
Year |
2010 |
2009 |
2008 |
2007 |
2006 |
|
End date |
2010-02-28 |
2009-02-28 |
2008-02-29 |
2007-02-28 |
2006-02-28 |
|
Goodwill |
|
|
37.621.000 |
39.916.000 |
42.219.000 |
|
Intangible fixed assets |
79.307.000 |
83.862.000 |
90.665.000 |
91.188.000 |
95.983.000 |
|
Real estate |
|
|
35.527.000 |
33.705.000 |
33.631.000 |
|
Plant and machinery |
|
|
11.346.000 |
26.706.000 |
26.146.000 |
|
Other tangible fixed assets |
|
|
|
|
439.000 |
|
Tangible fixed assets |
53.103.000 |
57.867.000 |
62.114.000 |
69.670.000 |
65.175.000 |
|
Associated and affliated companies |
|
|
13.000 |
4.000 |
5.000 |
|
Other financial fixed assets |
|
|
4.347.000 |
2.522.000 |
7.561.000 |
|
Financial fixed assets |
5.082.000 |
5.764.000 |
4.360.000 |
2.526.000 |
7.566.000 |
|
Fixed assets |
137.492.000 |
147.493.000 |
157.139.000 |
163.384.000 |
168.724.000 |
|
|
|||||
|
Raw materials |
|
|
3.444.000 |
1.356.000 |
1.362.000 |
|
Projects in progress |
|
|
31.766.000 |
45.171.000 |
46.969.000 |
|
Finished products |
|
|
47.796.000 |
49.884.000 |
46.729.000 |
|
Total stock |
42.698.000 |
53.844.000 |
83.006.000 |
96.411.000 |
95.060.000 |
|
Accounts receivable |
48.928.000 |
40.633.000 |
55.652.000 |
72.482.000 |
65.356.000 |
|
Other receivables |
12.462.000 |
14.809.000 |
12.504.000 |
19.097.000 |
16.316.000 |
|
Total receivables |
61.390.000 |
55.442.000 |
68.156.000 |
91.579.000 |
81.672.000 |
|
Liquid funds |
33.442.000 |
24.807.000 |
15.225.000 |
15.558.000 |
25.221.000 |
|
accruals |
|
|
12.504.000 |
19.097.000 |
16.316.000 |
|
Current assets |
137.530.000 |
134.093.000 |
166.387.000 |
203.548.000 |
201.953.000 |
|
Total assets |
275.022.000 |
281.586.000 |
323.526.000 |
366.932.000 |
370.677.000 |
|
|
|||||
|
Issued capital |
|
|
831.000 |
831.000 |
831.000 |
|
Year |
2010 |
2009 |
2008 |
2007 |
2006 |
|
End date |
2010-02-28 |
2009-02-28 |
2008-02-29 |
2007-02-28 |
2006-02-28 |
|
Legal and statutory reserve |
|
|
12.499.000 |
7.417.000 |
3.984.000 |
|
Other reserves |
|
|
-88.179.000 |
-51.977.000 |
-40.156.000 |
|
Total reserves |
|
|
-75.680.000 |
-44.560.000 |
-36.172.000 |
|
Total equity |
-159.891.000 |
-127.188.000 |
-74.849.000 |
-43.729.000 |
-35.341.000 |
|
|
|||||
|
Provisions |
23.978.000 |
27.765.000 |
31.495.000 |
32.719.000 |
37.645.000 |
|
Long term interest yielding debt |
292.859.000 |
273.714.000 |
|
|
|
|
Other long term liabilities |
|
|
217.905.000 |
209.741.000 |
202.736.000 |
|
Long term liabilities |
292.859.000 |
273.714.000 |
217.905.000 |
209.741.000 |
202.736.000 |
|
Accounts payable |
50.961.000 |
41.656.000 |
30.428.000 |
52.388.000 |
31.439.000 |
|
Liabilities towards credit
institutes |
|
|
25.445.000 |
10.858.000 |
28.815.000 |
|
Short term interest yielding debt |
|
|
25.445.000 |
10.858.000 |
28.815.000 |
|
Tax liabilities |
|
|
7.110.000 |
7.440.000 |
7.785.000 |
|
Other short term liabilities |
67.114.000 |
65.639.000 |
33.939.000 |
33.299.000 |
34.900.000 |
|
Short term liabilities |
118.075.000 |
107.295.000 |
148.975.000 |
168.201.000 |
165.637.000 |
|
Total short and long term
liabilities |
434.912.000 |
408.774.000 |
398.375.000 |
410.661.000 |
406.018.000 |
|
Total liabilities |
275.022.000 |
281.586.000 |
323.526.000 |
366.932.000 |
370.677.000 |
Summary
The total assets of the company decreased with -2.33 % between 2009 and 2010. This downturn is mainly retrievable in the fixed asset decrease of -6.78 %. The asset reduction results in an equity decrease of -25.71 %. Despite the decrease, the indebtness increased with 6.39 %. In 2010 the assets of the company were 49.99 % composed of fixed assets and 50.01 % by current assets. The assets are being financed by an equity of -58.14 %, and total debt of 158.14 %.
The total assets of the company decreased with -12.96 % between 2008 and 2009. This total assets decrease has been reflected in a reduction of non-current assets of -6.14 %. The asset reduction results in an equity decrease of -69.93 %. Despite the decrease, the indebtness increased with 2.61 %. In 2009 the assets of the company were 52.38 % composed of fixed assets and 47.62 % by current assets. The assets are being financed by an equity of -45.17 %, and total debt of 145.17 %.
Profit and Loss
|
Year |
2010 |
2009 |
2008 |
2007 |
2006 |
|
Revenues |
344.430.000 |
384.256.000 |
392.142.000 |
420.644.000 |
412.296.000 |
|
Other operating income |
|
|
-347.000 |
409.000 |
422.000 |
|
Net turnover |
344.430.000 |
384.256.000 |
392.489.000 |
420.235.000 |
411.874.000 |
|
|
|||||
|
Gross margin |
103.099.000 |
99.101.000 |
106.817.000 |
131.278.000 |
123.714.000 |
|
|
|||||
|
Amorization and depreciation |
7.155.000 |
7.157.000 |
|
|
|
|
Sales |
241.331.000 |
285.155.000 |
105.359.000 |
104.127.000 |
107.638.000 |
|
other operating costs |
83.881.000 |
106.647.000 |
|
|
|
|
Operating expenses |
332.367.000 |
398.959.000 |
397.923.000 |
401.388.000 |
403.683.000 |
|
Operating result |
12.063.000 |
-14.703.000 |
-5.781.000 |
19.256.000 |
8.613.000 |
|
|
|||||
|
Financial income |
|
876.000 |
617.000 |
609.000 |
1.407.000 |
|
Financial expenses |
29.900.000 |
40.529.000 |
27.920.000 |
25.680.000 |
23.800.000 |
|
Financial result |
-29.900.000 |
-39.653.000 |
-27.303.000 |
-25.071.000 |
-22.393.000 |
|
Result on ordinary operations
before taxes |
-17.837.000 |
-54.356.000 |
-33.084.000 |
-5.815.000 |
-13.780.000 |
|
|
|||||
|
Taxation on the result of ordinary
activities |
3.417.000 |
-2.279.000 |
-2.010.000 |
3.293.000 |
-1.515.000 |
|
Result of ordinary activities after
taxes |
-21.254.000 |
-52.077.000 |
-31.074.000 |
-9.108.000 |
-12.265.000 |
|
Net result |
-21.254.000 |
-52.077.000 |
-31.074.000 |
-9.108.000 |
-12.265.000 |
Summary
The turnover of the company decreased by -10.36 % between 2009 and 2010. The gross profit of the company grew with 4.03 % between 2009 and 2010. The operating result of the company grew with 182.04 % between 2009 and 2010. This evolution implies an increase of the company's economic profitability.
The result of these changes is an increase of the company's Economic Profitability of 66.37 % of the analyzed period, being equal to 2009 % in the year 2010. Despite the growth the assets turnover decreased, whose index evolved with -8.09 % to a level of 1.25.
The Net Result of the company decreased by 59.19 % between 2009 and 2010. The company's Financial Profitability has been positively affected by the financial activities in comparison to the EBITs behaviour. The result of these variations is a profitability increase of -73.89 % of the analysed period, being 11.16 % in the year 2010. The company's financial profitability has been positively affected by its financial structure.
The turnover of the company decreased by -2.1 % between 2008 and 2009. The gross profit of the company decreased by -7.22 % between 2008 and 2009. The operating result of the company declined with -154.33 % between 2008 and 2009. This evolution implies an decrease of the company's economic profitability. The result of these changes is a reduction of the company's Economic Profitability of -88.66 % of the analysed period, being equal to 2008 % in the year 2009. Despite the decline the assets turnover increased by 12.4 % reaching 1.36. The Net Result of the company increased by -67.59 % between 2008 and 2009. The company's Financial Profitability has been negatively affected by the financial activities in comparison to the EBITs behaviour. The result of these variations is a profitability reduction of -3.3 % of the analysed period, being 42.74 % in the year 2009. The company's financial profitability has been positively affected by its financial structure.
Analysis
Branch (SBI) Financial
institutions, except insurance and pension funding (64)
Region Limburg
In the Netherlands 377806 of the companies
are registered with the SBI code 64
In the region Limburg 17797 of the companies
are registered with the SBI code 64
In the Netherlands 3279 of the bankrupcties
are published within this sector
In the region Limburg 168 of the
bankruptcies are published within this sector
The risk of this specific sector in the
Netherlands is Low
The risk of this specific sector in the
region Limburg is Low
Publications
Consent statements 14-07-2014: Voor boekjaar 2013 is een instemmingsverklaring gedeponeerd.
06-08-2013: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd.
17-09-2012: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.
Liability statements 29-02-2012: Per 22-02-2012 is een aansprakelijkheidsverklaring door GEA CFS Holdings
B.V. ingetrokken.
23-02-2012: Per 22-02-2012 is een aansprakelijkheidsverklaring door gedeponeerd.
Functions 04-11-2013: Per 29-10-2013 is gevolmachtigde Wilhelmina Maria Thomas Adriana Rosita
van der Rijken uit functie getreden.
04-11-2013: Per 29-10-2013 is gevolmachtigde Stefan Karl Hünseler in
functie getreden.
14-10-2013: Per 25-09-2013 is gevolmachtigde Marc Arnoldus Maria van
Hout in functie getreden.
09-08-2013: Per 28-05-2013 is gevolmachtigde Maarten Albertus Maria van
Dael in functie getreden.
08-04-2013: Per 02-04-2013 is gevolmachtigde Norbert Syben uit functie
getreden.
18-06-2012: Per 23-05-2012 is gevolmachtigde Michael Kämpfert in functie
getreden.
05-03-2012: Per 21-02-2012 is bestuurder
Hans-Jörg Harth in functie getreden.
05-03-2012: Per 21-02-2012 is bestuurder Simon St. John Greaves uit
functie getreden.
16-11-2011: Per 01-07-2011 is gevolmachtigde Jacky Franciscus Mathias
Marinus Gubbels uit functie getreden.
16-11-2011: Per 15-08-2011 is gevolmachtigde Norbert Syben in functie
getreden.
Amendments 18-06-2012: Per 12-6-2012 statuten gewijzigd.
Per 12-6-2012 naam gewijzigd in: GEA Food
Solutions Weert B.V..
19-07-2011: Per 14-7-2011 statuten gewijzigd. Per 14-7-2011 naam
gewijzigd in: GEA CFS Weert B.V.. Zetel gewijzigd in: Amsterdam.
Company structure
RELATIONS
GEA Heat Exchangers
GmbH
• Gea Dutch Holding B.V.
Parallelweg 27
5223AL 's-Hertogenbosch
Netherlands
Registration number: 171266270000
• GEA Food Solutions B.V.
Beekakker 11
5761EN Bakel
Netherlands
Registration number: 342062470000
• GEA Food Solutions Weert B.V.
De Fuus 8
6006RV Weert
Netherlands
Registration number: 130089710000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.15 |
|
|
1 |
Rs.101.92 |
|
Euro |
1 |
Rs.80.64 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.