|
Report Date : |
28.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
INEOS CHLORVINYLS BELGIUM NV |
|
|
|
|
Registered Office : |
Heilig-Hartlaan 21, 3980 Tessenderlo |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
06.11.1975 |
|
|
|
|
Com. Reg. No.: |
415505042 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Manufacture of other organic basic
chemicals |
|
|
|
|
No. of Employees |
581 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately 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 |
INEOS CHLORVINYLS BELGIUM NV
Business number 415505042
Address HEILIG-HARTLAAN 21
3980 TESSENDERLO
Number of staff 581
Date of establishment 06/11/1975
Telephone number 013612766
Fax number 013668406
The business was established over 38 years ago.
The business has 637 employees.
The business is part of a group.
The business has been at the address for over 2 years.
Net Worth decreased by 33% during the latest trading period.
The business saw a decrease in their Cash Balance of 93% during the
latest trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2012 |
668,106,750 |
-18,495,336 |
69,744,134 |
90,615,017 |
|
31/12/2011 |
633,367,579 |
-19,353,446 |
104,406,626 |
80,715,565 |
|
31/12/2010 |
424,760,986 |
-20,327,243 |
117,037,440 |
-15,175,710 |
Accounts
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2012 |
331,018,027 |
581 |
150,354,910 |
-15,927,563 |
|
31/12/2011 |
339,744,357 |
639 |
150,354,910 |
-3,239,688 |
|
31/12/2010 |
325,672,800 |
178 |
140,354,910 |
-778,341 |
Trends
|
Profitability |
|
||
|
Liquidity |
|
||
|
Net worth |
|
||
|
Payment expectations |
|||
|
Past payments |
|
Payment expectation days |
48.71 |
|
Industry average payment |
57.55 |
Industry average day sales |
559.71 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
20.38 |
||
|
BANKRUPTCY DETAILS |
|
|
Court action type |
no |
|
PROTESTED BILLS |
|
|
Bill amount |
- |
|
NSSO DETAILS |
|
|
Date of summons |
- |
|
Business
number |
415505042 |
Company
name |
INEOS
CHLORVINYLS BELGIUM NV |
|
|
Fax
number |
013668406 |
Date
founded |
06/11/1975 |
|
|
Company
status |
active |
Company
type |
Public
Limited Liability Company (BE) |
|
|
Currency |
Euro
(€) |
Date
of latest accounts |
31/12/2012 |
|
|
Activity
code |
20140 |
Liable
for VAT |
yes |
|
|
Activity
description |
Manufacture
of other organic basic chemicals |
VAT
Number |
BE.0415.505.042
Check VAT number |
|
|
Belgian Bullettin of Acts Publications - |
moniteur
belge |
|
|
|
|
Contractor
details |
||||
|
Registered
contractor number |
- |
|
|
|
|
Contractor
description |
- |
|
|
|
|
Date
struck off register |
||||
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2012 |
|
|
Full-time
Employees |
488 |
|
Part-time
Employees |
146 |
|
Total
Fte Employees |
588 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
786,511 |
|
Part-time
Employees |
1 31,903 |
|
Total |
918,414 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
42,571,666 |
|
Part-time
Employees |
7,139,545 |
|
Total |
49,711,211 |
|
Benefits
In Addition To Wages |
711,805 |
|
|
|
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
622 |
|
Actual
working hours |
1,045,132 |
|
Personnel
Charges |
56,843,987 |
|
Benefits
In Addition To Wages |
- |
|
1 |
|
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration Contracts |
483 |
145 |
572 |
|
Limited
Duration Contracts |
9 |
- |
9 |
|
Contracts For
Specific Work |
- |
- |
- |
|
Contracts Regarding
Substitution |
- |
- |
- |
|
|
|||
|
|
|||
|
Gender
and Education Level |
|||
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
2 |
2 |
|
Secondairy
education |
278 |
95 |
329 |
|
Higher
education (non university) |
135 |
14 |
143 |
|
Higher
education (university) |
48 |
2 |
50 |
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
6 |
11 |
13 |
|
Higher
education (non university) |
18 |
18 |
35 |
|
Higher
education (university) |
7 |
3 |
9 |
|
|
|||
|
|
|||
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
4 |
- |
4 |
|
White
collar worker |
206 |
46 |
226 |
|
Blue
collar worker |
282 |
99 |
351 |
|
Other |
- |
- |
- |
|
|
|||
|
|
|||
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
16 |
|
|
|
Actual
working hours |
|
32,377 |
|
|
Cost
of temporary staff |
|
1,213,585 |
|
|
|
|||
|
|
|||
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New
Starters |
2 |
- |
2 |
|
Leavers |
27 |
16 |
38 |
|
Total of formal continuing vocational
training initiatives for workers paid by the employer |
Male |
Female |
|
Numberof employees |
169 |
48 |
|
Numberof training
hours |
2,702 |
4,139 |
|
Net costs for
enterprise |
461,926 |
250,066 |
|
Total of less formal and informal
continuing vocational training initiatives for workers paid by the employer |
Male |
Female |
|
Numberof employees |
168 |
- |
|
Numberof training
hours |
3,865 |
- |
|
Net costs for
enterprise |
254,179 |
- |
|
Total
of initial training initiatives at the expense of the employer |
Male |
Female |
|
Numberof employees |
- |
- |
|
Numberof training
hours |
- |
- |
|
Net costs for
enterprise |
- |
- |
Personnel
(NSSO classification)
Code -Description -
JIC Code 207
Joint
Industrial Committee (JIC)
|
JIC Code |
116 |
|
Description |
Joint
committee for the chemical industry |
Description
Joint committee for
the employees off he chemical industry
Significant
Events
|
Event Date |
27/12/2012 |
|
Event Description |
|
|
Event Details |
Overdracht
van bedrijfstak (aan- en verkoopactiviteit )aan INEOS ChloroToluenes Belgium
Nv en INEOS ChloroToluenes LLC naar het recht van het Verenid Koninkrijk. |
Profit & Loss
|
Annual
accounts |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
Industry
average 2012 |
% |
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
Turnover |
668,106,750 |
5.48 |
633,367,579 |
49.11 |
424,760,986 |
85,621,111 |
680 |
|
Total
operating expenses |
667,907,414 |
3.84 |
643,237,376 |
44.86 |
444,030,519 |
83,636,323 |
698 |
|
Operating
result |
199,336 |
2.02 |
-9,869,797 |
51.22 |
-19,269,532 |
951,625 |
-79.05 |
|
Total
financial income |
3,202,632 |
199 |
1,068,999 |
-42.25 |
1,850,950 |
4,563,684 |
-29.82 |
|
Total
financial expenses |
21,897,304 |
107 |
10,552,648 |
262 |
2,908,660 |
3,971,886 |
451 |
|
Results
on ordinary operations before taxation |
-18,495,336 |
95.57 |
-19,353,446 |
95.21 |
-20,327,243 |
1,372,911 |
-1447 |
|
Taxation |
- |
- |
- |
- |
- |
386,771 |
- |
|
Results
on ordinary operations after taxation |
-18,495,336 |
95.57 |
-19,353,446 |
95.21 |
-20,327,243 |
1,108,278 |
-1768 |
|
Extraordinary
items |
-17,392,980 |
-240 |
-5,105,392 |
-274 |
2,933,096 |
985,413 |
-1865 |
|
Other
appropriations |
0.00 |
- |
0.00 |
- |
0.00 |
- |
- |
|
Net
result OTHER INFORMATION |
-35,888,316 |
-46.73 |
-24,458,839 |
-40.62 |
-17,394,147 |
2,086,139 |
-1820 |
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
177,256 |
- |
|
Dividends |
- |
- |
- |
- |
- |
23,914,599 |
- |
|
Director
remuneration |
- |
- |
- |
- |
- |
288,384 |
- |
|
Employee
costs |
49,711,211 |
-12.55 |
56,843,987 |
278 |
15,017,044 |
7,375,558 |
573 |
|
Wages and salary |
33,283,061 |
-16.92 |
40,059,883 |
342 |
9,057,439 |
5,342,637 |
522 |
|
Employee pension costs |
- |
- |
- |
- |
- |
114,211 |
- |
|
Social security contributions |
9,657,835 |
-16.12 |
11,514,269 |
312 |
2,790,857 |
1,902,854 |
407 |
|
Other employee costs |
6,770,315 |
28.47 |
5,269,835 |
66.31 |
3,168,748 |
314,056 |
2055 |
|
Amortization
and depreciation |
19,960,753 |
-5.93 |
21,219,150 |
27.70 |
16,615,806 |
2,475,311 |
706 |
Balance sheet
|
Annual
accounts |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
Industry average 2012 |
% |
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
Intangible
fixed assets |
5,948,990 |
- |
7,354,446 |
- |
9,433,951 |
600,416 |
890 |
|
Tangible
fixed assets |
1
35,537,31 9 |
-13.87 |
157,370,769 |
-6.93 |
169,093,249 |
15,547,068 |
771 |
|
Land & building |
25,539,593 |
-15.79 |
30,328,090 |
-2.62 |
31,145,433 |
4,409,953 |
479 |
|
Plant & machinery |
1
04,234,912 |
-11.35 |
117,579,141 |
-12.24 |
133,979,929 |
12,176,375 |
756 |
|
Furniture & Vehicles |
229,952 |
-31.37 |
335,046 |
-26.44 |
455,454 |
331,655
54,547 |
-30.67 |
|
Leasing
& Other Similar Rights |
- |
- |
- |
- |
- |
999,773
62,810 |
- |
|
Other tangible assets |
5,532,862 |
-39.39 |
9,128,493 |
159 |
3,512,432 |
1,394,723 |
296 |
|
Financial
fixed assets |
387,537 |
3.35 |
374,984 |
19751 |
1,889 |
27,982,608 |
-98.62 |
|
Total
fixed assets |
141,873,847 |
-14.07 |
165,100,198 |
-7.52 |
178,529,089 |
35,610,411 |
298 |
|
Inventories |
52,303,998 |
-7.52 |
56,556,696 |
3.63 |
54,576,104 |
5,553,187 |
841 |
|
Raw
materials & consumables |
16,820,972 |
-33.17 |
25,169,317 |
21.61 |
20,696,293 |
3,748,366 |
348 |
|
Work in progress |
2,356,321 |
- |
0 |
-100 |
1,739,648 |
1
57,154 |
1399 |
|
Finished goods |
33,126,705 |
5.54 |
31,387,379 |
-2.34 |
32,140,164 |
2,034,339 |
1528 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
66,327 |
-100 |
|
Trade
debtors |
37,299,981 |
23.48 |
30,207,720 |
-51.00 |
61,648,565 |
4,135,458 |
801 |
|
Cash |
537,067 |
-93.27 |
7,980,418 |
24499 |
32,442 |
944,980 |
-43.17 |
|
other
amounts receivable |
98,891,675 |
23.89 |
79,824,605 |
162 |
30,372,991 |
9,810,608 |
908 |
|
Miscellaneous
current assets |
111,459 |
49.17 |
74,720 |
-85.45 |
513,609 |
988,022 |
-88.72 |
|
Total
current assets |
189,144,180 |
8.30 |
174,644,159 |
1
8.69 |
147,143,711 |
1
9,270,294 |
881 |
|
Total
Assets |
331,018,027 |
-2.57 |
339,744,357 |
4.32 |
325,672,800 |
52,381,728
1,718,781 |
531 |
Current
Liabilities
|
Trade
creditors |
89,132,362 |
10.17 |
80,901,438 |
-24.73 |
107,484,199 |
4,930,689 |
1707 |
|
Short
term group loans |
- |
- |
- |
- |
- |
- |
- |
|
Financial
debts |
233 |
-65.61 |
678 |
211 |
218 |
23,879,325 392,210 |
-99 |
|
Current portion of long term debt |
- |
- |
- |
- |
10,000,000 |
549,111
70,567 |
- |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
7,681,469 |
-33.98 |
11,635,061 |
-0.37 |
11,677,938 |
11
9,773 - |
486 |
|
Miscellaneous current liabilities |
1,715,098 |
23.26 |
1,391,417 |
-95.80 |
33,157,066 |
239 |
-
- |
|
Total
current liabilities |
98,529,162 |
4.90 |
93,928,593 |
-42.13 |
162,319,421 |
19,700,631 |
400 |
|
LONG TERM DEBTS AND LIABILITIES |
|
|
|
|
|
|
|
|
Long
term group loans |
- |
- |
- |
- |
- |
- |
-
- |
|
Other
long term loans |
131,837,974 |
11.49 |
118,247,152 |
491 |
20,000,000 |
735 |
-
- |
|
Deffered
taxes |
5,498 |
0 |
5,498 |
0 |
5,498 |
227,213 18,363 |
-97.58 |
|
Provisions for Liabilities & Charges |
24,952,267 |
57.91 |
15,802,042 |
-6.37 |
16,876,489 |
917,079
0 |
2620 |
|
Other
long term liabilities |
0 |
- |
0 |
- |
0 |
98,952 |
-100 |
|
Total
long term debts |
156,795,740 |
16.96 |
134,054,692 |
263 |
36,881,987 |
10,474,701 |
1396 |
|
SHAREHOLDERS EQUITY |
|
|
|
|
|
|
|
|
Issued
share capital |
150,354,910 |
0 |
150,354,910 |
7.12 |
140,354,910 |
11,746,252 |
11
80 |
|
Share
premium account |
4,618,414 |
0 |
4,618,414 |
0 |
4,618,414 |
18,208,245 |
-74.64 |
|
Reserves |
-79,280,199 |
-83.47 |
-43,212,253 |
-133 |
-18,501,932 |
6,144,970 |
-1390 |
|
Revaluation
reserve |
- |
- |
- |
- |
- |
1,542,965 |
- |
|
Total
shareholders equity |
75,693,125 |
-32.27 |
111,761,071 |
-11.63 |
126,471,392 |
22,206,396 |
240 |
|
Working
capital |
90,615,017 |
12.26 |
80,715,565 |
531 |
-15,175,710 |
-430,337 |
21056 |
|
Cashflow |
-15,927,563 |
-391 |
-3,239,688 |
-316 |
-778,341 |
4,214,038 |
-477 |
|
Net
worth |
69,744,134 |
-33.20 |
104,406,626 |
-10.79 |
117,037,440 |
21,605,980 |
222 |
Ration analysis
|
Annual
accounts |
31-12-2012 |
change(%) |
31-12-2011 |
change(%) |
31-12-2010 |
Industry average 2012 |
% |
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
Profit
Before Tax |
-2.77 |
90.52 |
-3.06 |
63.88 |
-4.79 |
4,00 |
-169 |
|
Return
on capital employed |
-7.96 |
-1.14 |
-7.87 |
63.26 |
-12.44 |
16,00 |
-149 |
|
Return
on total assets employed |
-5.59 |
98.07 |
-5.70 |
91.35 |
-6.24 |
-1.271,00 |
0.44 |
|
Return
on net assets employed |
-24.43 |
-41.05 |
-17.32 |
-7.78 |
-16.07 |
18,00 |
-235 |
|
Sales
/ net working capital |
7.37 |
-6.11 |
7.85 |
28.05 |
-27.99 |
3,00 |
0.00 |
|
Stock
turnover ratio |
7.83 |
-12.32 |
8.93 |
-30.51 |
12.85 |
11,00 |
-28.82 |
|
Debtor
days |
20.38 |
17.06 |
17.41 |
-67.14 |
52.98 |
81,00 |
-74.84 |
|
Creditor
days SHORT TERM STABILITY |
48.71 |
6.10 |
45.91 |
-48.04 |
88.35 |
45,00 |
8.24 |
|
Current
ratio |
1.92 |
3.23 |
1.86 |
104 |
0.91 |
4,00 |
-36.00 |
|
Liquidity
ratio / acid ratio |
1.39 |
10.32 |
1.26 |
121 |
0.57 |
3,00 |
-53.67 |
|
Current
debt ratio |
1.30 |
54.76 |
0.84 |
-34.38 |
1.28 |
3,00 |
-56.67 |
|
Liquidity
ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
Gearing |
174.17 |
64.62 |
105.80 |
346 |
23.72 |
434,00 |
-59.87 |
|
Equity
in percentage |
23.29 |
-30.73 |
33.62 |
-15.93 |
39.99 |
-4.954,00 |
0.47 |
|
Total
debt ratio |
3.37 |
65.20 |
2.04 |
29.11 |
1.58 |
5,00 |
-32.60 |
|
Industry comparison |
||
|
Activity code |
20140 |
|
|
Activity description |
Manufacture of other organic basic chemicals |
|
|
industry average credit rating |
70.57 |
|
|
Industry average credit limit |
2063325.89 |
|
Payment Information Summary
Total number of
Invoices available 58
Total number of
Invoices paid within or up to 30 days
after the due date 30
Total number of
Invoices paid more than 30 days after the
due date 18
Total number of
Invoices currently outstanding where the due date has
not yet been reached 4
Payment
expectations
|
Payment expectation
days |
48.71 |
|
Day sales
outstanding |
20.38 |
|
Industry comparison |
|
|
Activity code |
20140 |
|
Activity
description |
Manufacture of other organic basic chemicals |
|
Industry average payment expectation days |
57.55 |
|
Industry average day sales outstanding |
559.71 |
Payment expectations
Company result 48.71
Lower 76.65
Median 54.78
Upper 38.65
Day sales outstanding
Company result 20.38
Lower 60.22
Median 44.34
Upper 31.11
Summary
Group
- Number of Companies 2
Linkages - Number of
Companies 1475
Number of
countries 103
|
Company name |
Number |
Latest |
|
|
|
|
|
financials |
|
|
|
- KERLING PLC |
07027513 |
31-12-2013 |
|
|
|
- - INEOS
CHLORVINYLS BELGIUM NV |
415505042 |
31-12-2012 |
|
|
|
Minority
Shareholders |
||||
|
No minority
shareholders found |
||||
|
Minority Interests |
||||
Summary
Group - Number of Companies 2
Linkages - Number of Companies 1475
Number of Countries 103
|
NAME |
|
NUMBER |
LATEST KEY FINANCIALS |
RATING |
LIMIT |
TURNOVER |
|
SIEMENS |
|
11-10839 |
30.09.2013 |
48 |
€6.400.000 |
€1.717.873.112 |
|
SIEMENS
(PAKISTAN) ENGINEERING |
|
- |
30.09.2013 |
40 |
€265.000 |
€104.454.775 |
|
SIEMENS AKTIENGESELLSCHAFT |
|
HRB 6684 |
30.09.2013 |
98 |
€15.000.000 |
€76.385.000.000 |
|
INEOS OXIDE LIMITED |
|
03545207 |
31.12.2012 |
95 |
£800.000 |
£102.457.627 |
|
SIEMENS AS |
|
915826946 |
30.09.2013 |
81 |
150.000
KNOK |
48.817.355 KNOK |
|
SIEMENS HOLDINGS
PLC |
|
02465263 |
30.09.2013 |
93 |
£1.550.000 |
- |
|
TESSENDERLO ITALIA
S.R.L. |
|
09921480159 |
31.12.2011 |
N/R |
- |
€34.014.620 |
|
SIEMENS FINANCIAL
SERVICES GMBH |
|
HRB 49074 |
30.09.2012 |
93 |
€735.000 |
€94.106.000 |
|
TESSENDERLO
PARTECIPAZIONI S.P.A. |
|
12118590152 |
31.12.2011 |
N/R |
- |
- |
|
INEOS OVERSEAS COMPANY 1
LIMITED |
|
04092648 |
31.12.2012 |
93 |
£5.100.000 |
- |
|
INEOS US DSS
LIMITED |
|
04980788 |
31.12.2012 |
94 |
£10.650.000 |
- |
|
SIEMENS FRANCE
HOLDING |
|
388548091 |
30.09.2013 |
100 |
€150.000 |
- |
|
SIEMENS INDUSTRIAL TURBOMACHINERY LIMITED |
|
04729734 |
30.09.2013 |
95 |
£2.800.000 |
£353.592.000 |
|
SIEMENS
RENTING SPA IN LIQUIDAZIONE |
|
12426240151 |
30.09.2012 |
N/R |
- |
€34.005.628 |
|
SIEMENS
FINANCIAL SERVICES HOLDINGS LIMITED |
|
04140043 |
30.09.2012 |
97 |
£100.000 |
£66.000.000 |
|
SIEMENS
TRANSMISSION AND DISTRIBUTION LIMITED |
|
00631825 |
30.09.2013 |
94 |
£1.900.000 |
£240.835.000 |
|
SIEMENS S.P.A. |
|
00751160151 |
30.09.2013 |
36 |
€2.190.000 |
€1.537.302.918 |
|
TESSENDERLO HOLDING
UK LIMITED |
|
03514787 |
31.12.2012 |
96 |
£2.250.000 |
- |
|
INEOS
NEWTON AYCLIFFE LTD |
|
01631120 |
31.12.2012 |
93 |
£600.000 |
£233.062.000 |
|
SIEMENS
FINANCIAL SERVICES LIMITED |
|
00646166 |
30.09.2012 |
94 |
£1.000.000 |
£128.428.000 |
Protested
bills --
Drawee name
Address
Bill amount
Bill
currency
Maturity of
bill
Name of
drawer
City of
drawer
NSSO details
Business
number 415505042
Name of
defendant -
Legal form
of defendant -
Date of
summons -
Labour court -
There is no
bankruptcy data against this company
court data
there is no
data for this company
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.05 |
|
|
1 |
Rs.99.61 |
|
Euro |
1 |
Rs.80.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
PDT |
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.