MIRA
INFORM REPORT
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Report Date : |
13.06.2014 |
IDENTIFICATION DETAILS
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Name : |
AH MANAGEMENT
INTERNATIONAL SPRL |
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Registered Office : |
Avenue De Messidor 200-1, 1180 Bruxelles |
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Country : |
Belgium |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
13.07.2011 |
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Com. Reg. No.: |
837904905 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Not Available |
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No of Employees : |
01 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Moderate |
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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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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Belgium |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized on
its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to volatility in
world markets. Roughly three-quarters of Belgium's trade is with other EU
countries, and Belgium has benefited most from its proximity to Germany. In
2013 Belgian GDP grew by 0.1%, the unemployment rate increased to 8.8% from
7.6% the previous year, and the government reduced the budget deficit from a
peak of 6% of GDP in 2009 to 3.2%. Despite the relative improvement in Belgium's
budget deficit, public debt hovers around 100% of GDP, a factor that has
contributed to investor perceptions that the country is increasingly vulnerable
to spillover from the euro-zone crisis. Belgian banks were severely affected by
the international financial crisis in 2008 with three major banks receiving
capital injections from the government, and the nationalization of the Belgian
retail arm of a Franco-Belgian bank
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Source : CIA |
Company summary
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Business number |
837904905 |
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Company name |
AH MANAGEMENT INTERNATIONAL SPRL |
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Address |
AVENUE DE MESSIDOR 200-1 |
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|
1180 BRUXELLES |
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Number of staff |
01 |
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Date of
establishment |
13/07/2011 |
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Telephone number |
0488353173 |
Commentary
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The business has 1 employees. |
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The business has been at the address for over 2 years. |
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Accounts
DATE OF LATEST
ACCOUNTS PROFIT BEFORE TAX NET WORTH WORKING CAPITAL
31/12/2012 11,167 8,367
8,367
Accounts
DATE OF LATEST
ACCOUNTS BALANCE TOTAL NUMBER OF EMPLOYEES CAPITAL CASHFLOW
31/12/2012 73,259 1
6,200
12,167
Court data summary
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BANKRUPTCY DETAILS |
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Court action type |
no |
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PROTESTED BILLS |
|||
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NSSO DETAILS |
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Date of summons |
06/06/2013 |
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COMPANY INFORMATION
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Business number |
837904905 |
Company name |
AH MANAGEMENT |
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Date founded |
13/07/2011 |
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Company status |
active |
Company type |
Private Limited Company (BL/LX) |
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Currency |
Euro (€) |
Date of latest
accounts |
31/12/2012 |
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Liable for VAT |
yes |
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Activity
description |
Not Available |
VAT Number |
BE.0837.904.905 |
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Check VAT number |
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Belgian Bullettin
of Acts |
moniteur beige |
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Publications |
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Personnel code
(NSSO
classification)
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Description FROM 1 TO 4
EMPLOYEES |
Joint Industrial Committee
(JIC)
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Significant Events |
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Event Date |
14/06/2012 |
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Event Description |
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Event Details |
Assemble
generale tenue le 14-06-12. |
COMPANY ACCOUNTS
Comparison Mode
·
Average Median Export accounts to CSV File
Profit & Loss
|
Annual accounts |
31-12-2012 |
|
Weeks |
77 |
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Currency |
EUR |
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Turnover |
- |
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Total operating expenses |
- |
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Operating result |
11,440 |
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Total financial income |
500 |
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Total financial expenses |
773 |
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Results on ordinary operations before taxation |
11,167 |
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Taxation |
- |
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Results on ordinary operations after taxation |
11,167 |
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Extraordinary items |
0 |
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Other appropriations |
0 |
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Net result |
11,167 |
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OTHER INFORMATION |
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Gross Operating Margin |
27,182 |
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Dividends |
- |
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Director remuneration |
- |
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Employee costs |
13,120 |
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Wages and salary |
10,276 |
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Employee pension
costs |
- |
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Social security
contributions |
2,233 |
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Other employee
costs |
611 |
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Amortization and depreciation |
1,000 |
Balance Sheet
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Annual accounts |
31-12-2012 % |
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|
Weeks |
77 |
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Currency |
EUR |
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Intangible fixed assets |
9,000 |
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Tangible fixed assets |
- |
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Land &
building |
- |
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Plant &
machinery |
- |
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Furniture &
Vehicles |
- |
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Leasing &
Other Similar Rights |
- |
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Other tangible
assets |
0 |
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Financial fixed assets |
- |
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Total fixed assets |
9,000 |
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Inventories |
- |
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Raw materials
& consumables |
- |
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Work in progress |
0 |
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Finished goods |
0 |
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Other stocks |
0 |
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Trade debtors |
7,594 |
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Cash |
460 |
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other amounts receivable |
56,205 |
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Miscellaneous current assets |
0 |
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Total current assets |
64,259 |
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Total Assets |
73,259 |
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Current liabilities |
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Trade creditors |
7,764 |
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Amounts Payable for Taxes, Remuneration & Social Security |
10,678 |
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Miscellaneous current liabilities |
37,450 |
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Total current liabilities |
55,892 |
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SHAREHOLDERS EQUITY |
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Issued share capital |
6,200 |
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Share premium account |
- - |
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Reserves |
11,167 |
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Revaluation reserve |
- - |
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Total shareholders equity |
17,367 |
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Working capital |
8,367 |
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Cashflow |
12,167 |
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Net worth |
8,367 |
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RATIO ANALYSIS
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Annual accounts |
31-12-2012 |
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Trading performance |
|
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Return on capital employed |
64.30 |
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Return on total assets employed |
15.24 |
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Return on net assets employed |
64.30 |
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Creditor days |
- |
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Short Term stability |
|
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Current ratio |
1.15 |
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Liquidity ratio / acid ratio |
1.15 |
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Current debt ratio |
3.22 |
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LONG TERM STABILITY |
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Equity in percentage |
27.03 |
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Total debt ratio |
3.22 |
Limit History
no limit history data found
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Bankruptcy details
There is no bankruptcy data against this company
Bankruptcy Data
Legal events
Legal event type Social Security
Summons
Event date 06/06/2013
Court type Employment Court
Court name Bruxelles
3rd party name Office National de
Sécurité Sociale
3rd party type Summoning Party
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.33 |
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UK Pound |
1 |
Rs.99.68 |
|
Euro |
1 |
Rs.80.30 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUM |
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|
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|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
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 |
|
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.