MIRA INFORM REPORT

 

 

Report Date :

06.06.2014

 

IDENTIFICATION DETAILS

 

Name :

POLAND GOODS HOLDING SP. Z O.O.

 

 

Registered Office :

Pl. Kaszubski 8 lok. 311 81-350 Gdynia

 

 

Country :

Poland

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

11.07.2013

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

  • Sale of steel
  • Casting of iron
  • Wholesale of waste and scrap

 

 

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 and address

 

POLAND GOODS HOLDING SP. Z O.O.

 

 

PL. KASZUBSKI 8 LOK. 311

81-350 GDYNIA

 

Mobile phone:   537 633606

E-mail:              headoffice@polandgoods.pl

Website:           polandgoods.pl

 

 

Company summary

 

Legal form

Limited liability company

 

Stat.no.

221917865

 

Tax ID

5862285210

 

 

 

 

 

 

 

 

Establishment

11.07.2013

 

Changes of names and addresses

30.08.2013 „CAST IRON FOUNDRY” sp. z o.o.

 

 

05.11.2013 POLAND GOODS HOLDING sp. z o.o.

 

 

 

 

 

 

 

Registration:

30.08.2013, District Court Gdańsk, VIII Department, KRS 475403

 

 

 

 

 

 

 

Shareholders

Tomasz Marcin Bartkowski , personal ID no. (PESEL) 82060604718

PLN

10 000,00
100,00%

 

 

 

 

 

list entered to NCR /KRS/ on  30.08.2013

 

 

 

 

 

 

 

 

 

 

Initial Capital

 

PLN 10 000,00

 

Initial capital divided into 100 shares of PLN 100,00 each

 

 

 

 

 

 

 

 

 

 

 

Management

Tomasz Marcin Bartkowski , personal ID no. (PESEL) 82060604718
 - president

 

Proxies:
Sławomir Krzysztof Micał , personal ID no. (PESEL) 75041304174
 - independent proxy

 

Representation:
since 30.08.2013 
President individually.

 

 

 

 

 

 

 

 

Main activity

Sale of steel

 

 

Branches NACE 2007:

 

 

Other wholesale

(G.46.72.Z)

 

Casting of iron

(C.24.51.Z)

 

Wholesale of waste and scrap

(G.46.77.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

(G.46.72.Z - NACE 2007), as at :

31.12.2013

31.12.2012

31.12.2011

31.12.2010

31.12.2009

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

1,15

1,37

1,34

1,23

1,09

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

0,58

0,71

0,77

0,73

0,65

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

0,03

0,04

0,04

0,04

0,03

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

0,81

-0,18

0,99

1,87

-0,96

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

1,60

-0,36

2,22

2,89

-1,38

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

4,48

-1,25

6,30

6,99

-3,21

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

49,15

50,75

56,32

72,05

71,74

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

56,58

53,29

45,82

54,39

52,09

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

99,07

81,11

81,10

109,55

119,28

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

64,30

70,88

64,74

58,63

56,90

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

71,40

57,40

82,20

76,10

56,20

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

1 780,62

1 643,88

1 927,15

1 301,41

1 134,59

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

219 863,81

183 450,40

218 153,02

175 040,02

141 539,88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

according to the Central Statistical Office

 

 

 

 

Locations:

seat:
pl. Kaszubski 8 lok. 311, 81-350 Gdynia
Mobile phone:            537 633606
E-mail:                  headoffice@polandgoods.pl
Website:                 polandgoods.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 15.05.2014 there are no shares in other companies.

 

 

 

 

 

 

 

 

Connections:

As at 15.05.2014 there are no relations.

 

 

 

 

 

 

 

General information

The subject refused 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.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.30

UK Pound

1

Rs.99.34

Euro

1

Rs.80.70

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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

 

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.