MIRA INFORM REPORT
|
Report Date : |
03.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
AMERICAN CLOTHING
ASSOCIATES NV |
|
|
|
|
Registered Office : |
Noorwegenstraat 17, 9940 Evergem |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
30.01.2013 |
|
|
|
|
Date of Incorporation : |
06.12.1995 |
|
|
|
|
Com. Reg. No.: |
456606219 |
|
|
|
|
Legal Form : |
Public
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesaler of apparel
accessories |
|
|
|
|
No of Employees : |
236 (30.01.2013) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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) |
|
Belgium |
A1 |
A1 |
|
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 |
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
|
Source
: CIA |
Company
name & address
Business number 456606219
Company name AMERICAN CLOTHING
ASSOCIATES NV
Address NOORWEGENSTRAAT 17
9940 EVERGEM
Number of staff 236
Date of establishment 06/12/1995
Telephone number 092726810
Fax number 092726839
Ultimate
holding company
|
Company name |
Company Number |
|
American
Clothing Distribution NV |
476693731 |
Commentary
|
The
business was established over 18 years ago. |
|
|
The
business has 236 employees. |
|
|
The
business is part of a group. |
|
|
The
business has been at the address for over 11 years. |
|
|
Operating
Result in the latest trading period increased 177% on the previous trading
period. |
|
|
Net
Worth increased by 22% during the latest trading period. |
|
|
Pre-tax
profits increased by 322% compared to the previous trading period. |
|
|
The
business saw an increase in their Cash Balance of 24% during the latest
trading period. |
|
|
Turnover
in the latest trading period increased 118% on the previous trading period. |
|
Accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
30/01/2013 |
157,214,065 |
657,421 |
10,480,199 |
11,802,593 |
|
31/01/2011 |
71,928,508 |
155,765 |
8,569,630 |
9,350,629 |
|
31/01/2010 |
99,359,318 |
1,289,443 |
10,249,612 |
12,438,187 |
Accounts
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
30/01/2013 |
57,240,882 |
236 |
7,716,657 |
4,058,695 |
|
31/01/2011 |
58,048,133 |
256 |
7,716,657 |
2,375,333 |
|
31/01/2010 |
48,532,573 |
229 |
7,716,657 |
2,962,994 |
TRENDS
|
Profitability |
|
|
Liquidity |
|
|
Net worth |
|
Payment
expectations
|
Past payments |
--- |
Payment expectation days |
25.39 |
|
Industry average payment expectation days |
106.77 |
Industry average day sales |
66.16 |
|
outstanding |
|
||
|
Day sales outstanding |
21.90 |
||
Court
data summary
BANKRUPTCY DETAILS
|
Court action type |
no |
Company
information
|
Business number |
456606219 |
Company
name |
AMERICAN CLOTHING ASSOCIATES NV |
|
Fax number |
092726839 |
Date
founded |
06/12/1995 |
|
Company status |
active |
Company
type |
Public Limited Liability Company (BE) |
|
Currency |
Euro
(€) |
Date of
latest accounts |
30/01/2013 |
|
Activity code |
46424 |
liable
for VAT |
yes |
|
Activity description |
Wholesaler
of apparel accessories |
VAT
Number |
BE.0456.606.219 |
|
Belgian Bullettin of Acts Publications |
moniteur
belge |
Social Balance
Sheet Details
|
Social Balance Sheet |
Total |
||
|
During the reporting year ended 30-01-2013 |
|
||
|
Full-time Employees |
201 |
||
|
Part-time Employees |
84 |
||
|
Total Fte Employees |
250 |
||
|
|
|
||
|
Number of hours worked |
|
||
|
Full-time Employees |
616,667 |
||
|
Part-time Employees |
153,208 |
||
|
Total |
769,875 |
||
|
|
|
||
|
Personnel Charges |
|
||
|
Full-time Employees |
18,177,094 |
||
|
Part-time Employees |
4,516,013 |
||
|
Total |
22,693,108 |
||
|
Benefits In Addition To Wages |
- |
||
|
|
|
||
|
During the previous reporting year |
|
||
|
Average number employees in Fte |
245 |
||
|
Actual working hours |
390,273 |
||
|
Personnel Charges |
10,756,868 |
||
|
Benefits In Addition To Wages |
- |
||
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
176 |
94 |
236 |
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
|
Gender and Education Level |
|
||
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
17 |
3 |
19 |
|
Higher education (non university) |
13 |
- |
13 |
|
Higher education (university) |
- |
- |
- |
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
12 |
23 |
26 |
|
Secondairy education |
96 |
58 |
133 |
|
Higher education (non university) |
37 |
10 |
45 |
|
Higher education (university) |
1 |
- |
1 |
|
|
|||
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
172 |
93 |
231 |
|
Blue collar worker |
4 |
1 |
5 |
|
Other |
- |
- |
- |
|
|
|||
|
Temporary personnel |
Total |
||
|
Average number of temporary staff |
33 |
||
|
Actual working hours |
6,417,166 |
||
|
Cost of temporary staff |
989,600 |
||
|
|
|||
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
92 |
96 |
151 |
|
Leavers |
120 |
92 |
169 |
|
Total of formal continuing vocational training
initiatives for workers paid by the employer |
Male |
Female |
|
|
Number of employees |
- |
4 |
|
|
Number of training hours |
- |
79 |
|
|
Net costs for enterprise |
1,176 |
8,408 |
|
|
Total of less formal and informal continuing
vocational training initiatives for workers paid by the employer |
Male |
Female |
|
|
Number of employees |
- |
- |
|
|
Number of training hours |
- |
- |
|
|
Net costs for enterprise |
- |
- |
|
|
Total of initial training initiatives at the
expense of the employer |
Male |
Female |
|
|
Number of employees |
- |
- |
|
|
Number of training hours |
- |
- |
|
|
Net costs for enterprise |
- |
- |
|
Joint Industrial Committee
(JIC)
|
JIC Code |
109 |
|
Description |
JC
for the industry of the clothing and garments firms |
|
category |
|
|
|
|
|
JIC Code |
215 |
|
Description |
JC
for the employees in the cloting and garments firms |
|
category |
|
|
|
|
|
JIC Code |
311 |
|
Description |
Joint
committee for the big retail sales |
|
category |
|
Significant
Events
|
Event Date |
04/03/2011 |
|
Event Description |
re-appointment
of director(s) |
|
Event Details |
Commentaar
04-03-2011: Herbenoeming tot het jaar 2016: Louvrier Olivier (tevens gedelegeerd
bestuurder) en NV Context. |
COMPANY
ACCOUNTS
Comparison Mode
·
Average Median Export
accounts to CSV File
Profit & Loss
|
Annual
Accounts |
30-01-2013 |
% |
31-01-2011 |
% |
31-01-2010 |
industry
average 2013 |
% |
|
Weeks |
104 |
52 |
87 |
|
|
||
|
Currency |
EUR |
EUR |
|
EUR |
|
|
|
|
Turnover |
157,214,065 |
118 |
71,928,508 |
-27.61 |
99,359,318 |
37,285,227 |
321 |
|
Total
operating expenses |
155,355,246 |
118 |
71,259,619 |
-25.22 |
95,293,839 |
37,174,876 |
317 |
|
Operating
result |
1,858,819 |
177 |
668,889 |
-83.55 |
4,065,479 |
35,207 |
5179 |
|
Total
financial income |
2,733,585 |
69.42 |
1,613,514 |
8.94 |
1,481,101 |
166,135 |
1545 |
|
Total
financial expenses |
3,934,983 |
85.03 |
2,126,638 |
-50.05 |
4,257,137 |
244,222 |
1511 |
|
Results
on ordinary operations before taxation |
657,421 |
322 |
155,765 |
-87.92 |
1,289,443 |
-55,102 |
1193 |
|
Taxation |
326,362 |
2095 |
14,862 |
-96.55 |
430,873 |
25,994 |
1155 |
|
Results
on ordinary operations after taxation |
331,059 |
134 |
140,903 |
-83.59 |
858,570 |
-70,885 |
467 |
|
Extraordinary
items |
7,411 |
11.64 |
-63,695 |
-72.33 |
-36,960 |
127,056 |
-94.17 |
|
Other
appropriations |
0.00 |
- |
0.00 |
- |
0.00 |
- |
- |
|
Net
result |
338,470 |
338 |
77,208 |
-90.60 |
821,610 |
56,723 |
496 |
|
OTHER INFORMATION |
|||||||
|
Dividends |
- |
- |
- |
- |
- |
12,900,000 |
- |
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
|
Employee
costs |
22,693,108 |
110 |
10,756,868 |
-7.93 |
11,682,752 |
2,003,807 |
1032 |
|
Wages and salary |
17,143,590 |
107 |
8,253,468 |
-2.50 |
8,465,364 |
1,612,093 |
963 |
|
Employee pension costs |
- |
- |
- |
- |
- |
94 |
- |
|
Social security contributions |
4,687,518 |
111 |
2,215,242 |
-5.61 |
2,346,865 |
438,259 |
969 |
|
Other employee costs |
861,999 |
199 |
288,158 |
-66.90 |
870,523 |
48,289 |
1685 |
|
Amortization
and depreciation |
3,720,225 |
61.88 |
2,298,125 |
7.32 |
2,141,384 |
227,539 |
1534 |
Balance Sheet
|
Annual
accounts |
30-01-2013 |
% |
31-01-2011 |
% |
31-01-2010 |
Industry
average 2013 |
% |
|
Weeks |
104 |
|
52 |
|
87 |
|
|
|
Currency |
EUR |
EUR |
EUR |
|
|||
|
Intangible
fixed assets |
3,516,740 |
- |
5,088,840 |
- |
3,331,649 |
125,841 |
2694 |
|
Tangible
fixed assets |
2,502,197 |
35.55 |
3,882,368 |
-7.86 |
4,213,489 |
526,363 |
375 |
|
Land & building |
- |
- |
- |
- |
- |
732,744 |
- |
|
Plant & machinery |
72,176 |
19.66 |
89,833 |
24.96 |
71,888 |
33,381 |
116 |
|
Furniture & Vehicles |
146,878 |
27.86 |
114,872 |
5.39 |
109,000 |
20,398
8,755 |
620 |
|
Leasing & Other Similar
Rights |
17,543 |
72.08 |
62,845 |
26.52 |
85,526 |
17,543
17,543 |
0.00 |
|
Other tangible assets |
2,265,599 |
37.32 |
3,614,818 |
-8.42 |
3,947,075 |
104,834 |
2061 |
|
Financial
fixed assets |
2,573,965 |
0.27 |
2,567,053 |
-0.04 |
2,568,203 |
6,121,791 |
57.95 |
|
Total
fixed assets |
8,592,901 |
25.53 |
11,538,260 |
14.09 |
10,113,341 |
4,688,576 |
83.27 |
|
Inventories |
25,878,479 |
15.33 |
22,439,220 |
25.47 |
17,883,842 |
1,873,391 |
1281 |
|
Raw materials &
consumables |
- |
- |
- |
- |
- |
28,941 |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
74 |
-100 |
|
Finished goods |
24,758,920 |
10.34 |
22,439,220 |
25.47 |
17,883,842 |
938,916 |
2536 |
|
Other stocks |
1,119,558 |
- |
0 |
- |
0 |
130,486 |
757 |
|
Trade
debtors |
9,430,717 |
22.93 |
12,236,725 |
12.70 |
10,857,736 |
582,959 |
1517 |
|
Cash |
2,412,646 |
24.04 |
1,945,049 |
17.71 |
2,363,664 |
311,319 |
674 |
|
other
amounts receivable |
9,303,005 |
7.77 |
8,632,212 |
40.67 |
6,136,620 |
720,325 |
1191 |
|
Miscellaneous
current assets |
1,623,133 |
29.16 |
1,256,666 |
6.74 |
1,177,370 |
93,118 |
1643 |
|
Total
current assets |
48,647,980 |
4.60 |
46,509,872 |
21.06 |
38,419,231 |
2,744,875 |
1672 |
|
Total
Assets |
57,240,882 |
-1.39 |
58,048,133 |
19.61 |
48,532,573 |
7,014,160
302,619 |
716 |
|
CURRENT LIABILITIES |
|||||||
|
Trade
creditors |
10,807,007 |
58.31 |
6,826,370 |
27.92 |
5,336,644 |
860,363 |
1156 |
|
Short
term group loans |
- |
- |
- |
- |
- |
- |
- |
|
Financial
debts |
18,817,000 |
-3.75 |
19,550,000 |
55.16 |
12,600,140 |
2,675,788
69,228 |
603 |
|
Current
portion of long term debt |
2,020,728 |
61.69 |
5,274,487 |
52.37 |
3,461,633 |
361,504
28,764 |
458 |
|
Amounts
Payable for Taxes, Remuneration & Social Security |
2,616,927 |
15.53 |
3,097,913 |
22.88 |
2,521,147 |
10,449
- |
909 |
|
Miscellaneous
current liabilities |
2,583,725 |
7.19 |
2,410,474 |
16.93 |
2,061,481 |
78.95 |
-
- |
|
Total
current liabilities |
36,845,387 |
-0.84 |
37,159,243 |
43.02 |
25,981,044 |
3,258,853 |
1030 |
|
LONG TERM DEBTS AND LIABILITIES |
|||||||
|
Long
term group loans |
- |
- |
- |
- |
- |
- |
-
- |
|
Other
long term loans |
5,684,475 |
12.77 |
6,516,340 |
23.17 |
8,481,187 |
506 |
-
- |
|
Deffered
taxes |
- |
- |
- |
- |
- |
666,247
666,247 |
- |
|
Provisions
for Liabilities & Charges |
349,080 |
0 |
349,080 |
0 |
349,080 |
15,166
0 |
2201 |
|
Other
long term liabilities |
365,000 |
0 |
365,000 |
160 |
140,000 |
697,272 |
47.65 |
|
Total
long term debts |
6,398,555 |
11.51 |
7,230,420 |
19.40 |
8,970,267 |
1,171,384 |
446 |
|
SHAREHOLDERS EQUITY |
|||||||
|
Issued
share capital |
7,716,657 |
0 |
7,716,657 |
0 |
7,716,657 |
1,950,777 |
295 |
|
Share
premium account |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
6,280,282 |
5.70 |
5,941,812 |
1.32 |
5,864,604 |
382,641 |
1541 |
|
Revaluation
reserve |
- |
- |
- |
- |
- |
- |
- |
|
Total
shareholders equity |
13,996,939 |
2.48 |
13,658,469 |
0.57 |
13,581,261 |
2,333,417 |
499 |
|
Working
capital |
11,802,593 |
26.22 |
9,350,629 |
24.82 |
12,438,187 |
-513,978 |
2296 |
|
Cashflow |
4,058,695 |
70.87 |
2,375,333 |
19.83 |
2,962,994 |
211,125 |
1822 |
|
Net
worth |
10,480,199 |
22.29 |
8,569,630 |
16.39 |
10,249,612 |
2,207,577 |
374 |
Ratio Analysis
|
Annual
accounts |
30-01-2013 |
change(%) |
31-01-2011 |
change(%) |
31-01-2010 |
Industry
average 2013 |
% |
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
Profit
Before Tax |
0.42 |
90.91 |
0.22 |
-83.08 |
1.30 |
-66,00 |
0.64 |
|
Return
on capital employed |
3.22 |
329 |
0.75 |
-86.89 |
5.72 |
-126,00 |
2.56 |
|
Return
on total assets employed |
1.15 |
325 |
0.27 |
-89.85 |
2.66 |
-69,00 |
1.67 |
|
Return
on net assets employed |
4.70 |
312 |
1.14 |
-87.99 |
9.49 |
-127,00 |
3.70 |
|
Sales
/ net working capital |
13.32 |
73.21 |
7.69 |
-3.75 |
7.99 |
7,00 |
0.00 |
|
Stock
turnover ratio |
16.46 |
-47.24 |
31.20 |
73.33 |
18 |
11,00 |
49.64 |
|
Debtor
days |
21.90 |
-64.73 |
62.10 |
55.68 |
39.89 |
158,00 |
-86.14 |
|
Creditor
days |
25.39 |
-27.39 |
34.97 |
71.09 |
20.44 |
43,00 |
-40.95 |
|
SHORT TERM STABILITY |
|||||||
|
Current
ratio |
1.32 |
5.60 |
1.25 |
-15.54 |
1.48 |
3,00 |
-34.00 |
|
Liquidity
ratio / acid ratio |
0.62 |
-4.62 |
0.65 |
-17.72 |
0.79 |
2,00 |
-69.00 |
|
Current
debt ratio |
2.63 |
-3.31 |
2.72 |
42.41 |
1.91 |
2,00 |
31.50 |
|
Liquidity
ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
|
LONG TERM STABILITY |
|||||||
|
Gearing |
189.49 |
-17.42 |
229.46 |
26.98 |
180.71 |
218,00 |
-13.08 |
|
Equity
in percentage |
26.05 |
1.01 |
25.79 |
-14.18 |
30.05 |
-44,00 |
59.20 |
|
Total
debt ratio |
3.09 |
-4.92 |
3.25 |
26.46 |
2.57 |
3,00 |
3.00 |
Industry comparison
|
Activity code |
46424 |
|
Activity description |
Wholesaler
of apparel accessories |
Payment
Information Summary
|
Total
number of Invoices available |
17 |
|
Total
number of Invoices paid within or up to 30 days after the due date |
9 |
|
Total
number of Invoices paid more than 30 days after the due date |
7 |
|
Total
number of Invoices currently outstanding where the due date has not yet
been reached |
0 |
|
Total
number of Invoices currently outstanding beyond the due date |
1 |
Suspension
of payments
/
Moratorium History
|
Payment expectations |
|
|
Payment expectation days |
25.39 |
|
Day sales outstanding |
21.90 |
Industry
comparison
|
Activity code |
46424 |
|
Activity description |
Wholesaler
of apparel accessories |
|
Industry average payment expectation days |
106.77 |
|
Industry average day sales outstanding |
66.16 |
Industry
quartile analysis
|
Payment expectations |
|
|
Company result |
25.39 |
|
Lower |
76.74 |
|
Median |
32.05 |
|
Upper |
8.62 |
|
Day sales outstanding |
|
|
Company result |
21.90 |
|
Lower |
90.09 |
|
Median |
43.61 |
|
Upper |
15.50 |
Shareholder
Details
|
Summary |
|
|
Group - Number of Companies |
4 |
|
Linkages - Number of Companies |
6 |
|
Number of Countries |
6 |
Group Structure
|
Company name |
Number |
Latest financials |
|
-
AMERICAN CLOTHING DISTRIBUTION NV |
476693731 |
31-01-2013 |
|
- - AMERICAN CLOTHING ASSOCIATES NV |
456606219 |
30-01-2013 |
|
-
- - RW ZOUTE NV |
471947263 |
31-01-2013 |
|
-
- BBYS CHAIN BVBA |
479088146 |
31-12-2012 |
Minority
Shareholders
|
Business number |
Company name |
|
% |
Date of accounts |
|
453878341 |
Cotton
Blue NV (453878341) in vereffening NV |
|
18.79 |
30/06/2012 |
Minority
Interests
|
Business number |
Company name |
% |
Date of accounts |
|
20171519 |
American
Clothing Associates B.V. |
0.5 |
31/12/2012 |
|
841082050 |
Idea
Movers BVBA |
0.13 |
31/12/2012 |
Individual
Shareholders
|
SHAREHOLDER NAME |
|||
|
Forename |
Olivier |
Middle name |
Oswald |
|
Surname |
Louvrier |
|
|
|
SHAREHOLDER DETAILS |
|||
|
Start date |
01/10/1997 |
End date |
- |
|
Percentage owned |
36% |
|
|
|
SHAREHOLDER ADDRESS |
|||
|
Street name |
Hortensialaan |
House number |
80 |
|
Minor town |
- |
Postal town |
Knokke-Heist |
|
Post code |
8300 |
Country |
Belgium |
|
|
|||
|
|
|||
|
SHAREHOLDER NAME |
|||
|
Forename |
Laurence |
Middle name |
Denise |
|
Surname |
Lalo |
|
|
|
SHAREHOLDER DETAILS |
|||
|
Start date |
01/10/1997 |
End date |
- |
|
Percentage owned |
24% |
|
|
|
SHAREHOLDER ADDRESS |
|||
|
Street name |
ALLEE
CLAUDE MONET |
House number |
5 |
|
Minor town |
- |
Postal town |
LEVALLOIS
PERRET |
|
Post code |
- |
Country |
France |
|
SHAREHOLDER NAME |
|||
|
Forename |
Marcus |
Middle name |
Maria |
|
Surname |
Bruinhof |
|
|
|
SHAREHOLDER DETAILS |
|||
|
Start date |
01/10/1997 |
End date |
- |
|
Percentage owned |
13% |
|
|
|
SHAREHOLDER ADDRESS |
|||
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
The
Netherlands |
Linked
Companies
|
Summary |
|
|
Group - Number of Companies |
4 |
|
Linkages - Number of Companies |
6 |
|
Number of Countries |
6 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY FINANCIALS |
TURNOVER |
|
ACA
GERMANY GMBH |
HRB
68245 |
31.01.2012 |
- |
|
PAN-AMERICAN
S.R.L. |
01937170973 |
31.12.2012 |
€4.550.994 |
|
RIVER
WOODS OUTLET WERTHEIM GMBH |
HRB
570557 |
31.01.2012 |
- |
|
AMERICAN
CLOTHING ASSOCIATES B.V. |
20171519 |
31.12.2012 |
- |
|
SARL
RW OUTLET COMPANY |
424205268 |
31.01.2010 |
€1.294.629 |
|
PLASTIPHARM
BVBA |
476432326 |
30.06.2013 |
- |
Court data
|
NSSO details |
|
|
Business number |
456606219 |
Bankruptcy
details
There is no bankruptcy data against this company
Bankruptcy
Data
Court Data
there is no data for this company
Director
details
Current
Director Details
|
Name |
OLIVIER
ERNEST OSWALD LOUVRIER |
|
Position |
Director |
|
Start Date |
03/03/2010 |
|
Date of birth |
23/04/1966 |
|
Street |
80
HORTENSIALAAN KNOKKE-HEIST |
|
Post code |
8300 |
|
Country |
Belgium |
|
|
|
|
Name |
OLIVIER
ERNEST OSWALD LOUVRIER |
|
Position |
Chairman
of the Board |
|
Start Date |
04/03/2011 |
|
Date of birth |
23/04/1966 |
|
Street |
80
HORTENSIALAAN KNOKKE-HEIST |
|
Post code |
8300 |
|
Country |
Belgium |
|
|
|
|
Name |
OLIVIER
ERNEST OSWALD LOUVRIER |
|
Position |
Managing
Director |
|
Start Date |
05/03/2011 |
|
Date of birth |
23/04/1966 |
|
Street |
80
HORTENSIALAAN KNOKKE-HEIST |
|
Post code |
8300 |
|
Country |
Belgium |
|
|
|
|
Name |
TWEEDS
& COTTONS NV |
|
Position |
Legal
Representative |
|
Start Date |
04/03/2011 |
|
Date of birth |
14/07/1999 |
|
Street |
17
BRABANTDAM GENT |
|
Post code |
9000 |
|
Country |
Belgium |
|
|
|
|
Name |
TWEEDS
& COTTONS NV |
|
Position |
Director |
|
Start Date |
05/03/2011 |
|
Date of birth |
14/07/1999 |
|
Street |
17
BRABANTDAM GENT |
|
Post code |
9000 |
|
Country |
Belgium |
|
|
|
|
Name |
CONTEXT
NV |
|
Position |
Director |
|
Start Date |
26/01/2010 |
|
Date of birth |
27/05/1987 |
|
Street |
9
WATERSTRAAT KNOKKE-HEIST |
|
Post code |
8300 |
|
Country |
Belgium |
|
|
|
|
Name |
AUGUST
SMEYERS |
|
Position |
Legal
Representative |
|
Start Date |
15/12/2003 |
|
|
|
|
Name |
XAVIER
PAINBLANC |
|
Position |
Director |
|
Start Date |
05/02/2010 |
|
Name |
PATRICK
BASQUIN |
|
Position |
Director |
|
Start Date |
17/02/2004 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.22 |
|
UK Pound |
1 |
Rs.101.68 |
|
Euro |
1 |
Rs.83.46 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.