MIRA INFORM REPORT

Report Date :

29.05.2014

IDENTIFICATION DETAILS

Name :	KULTE UNLIMITED
Registered Office :	GVIO PARC DE Marseille Sud, Imp Paradou, 13009 Marseille 9
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	December 2000
Legal Form :	Simplified joint stock company
Line of Business :	Trade dependent tail clothing store special, Specialized
No. of Employees	10 to 19

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
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)
France	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

FRANCE - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 82 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP stagnated in 2012 and 2013. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2013. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 22.8% in the fourth quarter of 2013. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.1% of GDP in 2013, while France's public debt rose from 68% of GDP to nearly 94% over the same period. In accordance with its EU obligations, France is targeting a deficit of 3.6% of GDP in 2014 and 2.8% in 2015. The administration of President Francois HOLLANDE has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term. In January 2014 HOLLANDE proposed a “Responsibility Pact” aimed primarily at lowering labor costs in return for businesses’ commitment to create jobs. Despite stagnant growth and fiscal challenges, France's borrowing costs have declined in recent years because investors remain attracted to the liquidity of France’s bonds

Source : CIA

Company name

KULTE UNLIMITED

company summary

Trade name	KULTE
EUR VAT Number	FR05433778404
Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z) (trade dependent tail clothing store special, Specialized)	Legal form	Simplified joint stock company
Phone	04 78 28 08 52	RCS Registration	RCS Marseille 0 433 778 404
Fax		Share capital	2,000,000 Euros
Address	KULTE UNLIMITED GVIO PARC DE MARSEILLE SUD IMP PARADOU 13009 MARSEILLE 9	Incorporated Date	12/2000
Nationality	France	Status	Economically active

Current Directors

4

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	3,193,771 €	2,795,565 €	2,446,038 €
Gross Operating Surplus	3,54 % Turnover	2,65 % Turnover	-13,77 % Turnover
Shareholders’ equity	414,430 €	258,867 €	-758,274 €
Net result	155,562 €	17,141 €	-353,362 €
Employees	10 to 19 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z)
RCS Registration	RCS Marseille 0 433 778 404	Share capital	2,000,000 Euros
Registration Court	Marseille (13)	Legal form	Simplified joint stock company
Court Registry Number	20 0 0B02629	EUR VAT Number	FR05433778404
Incorporation Date	12/2000	Formation Date	11/2000
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Ultimate Parent

1 ultimate parent company for this company >  SCI MEDINVEST  - Activités des sociétés holding (6420Z)  in MARSEILLE 8  (13008)

Establishment details

Trade name	KULTE
Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z)	Business Pages FT®	VETEMENTS POUR HOMMES ET DAMES (DETAIL)
Postal Address	KULTE UNLIMITED GVIO PARC DE MARSEILLE SUD IMP PARADOU 13009 MARSEILLE 9	Trading Address	IMPASSE PARADOU 13009 MARSEILLE 9
Telephone	04 78 28 08 52
Fax

Type	Secondary establishment	Status	Economically active
Formation Date	04/2005	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Bouches-du-Rhône (13)	Region	Côte d'Azur
District	3	Area	99
City	MARSEILLE 9	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

Other establishments

Branches	10 branch entities in this company
Head office	> KULTE UNLIMITED <<<  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in MARSEILLE 9  (13009)
Secondary establishments	>  KULTE UNLIMITED  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in PARIS 11  (75011) >  KULTE UNLIMITED  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in AVIGNON  (84000) >  KULTE UNLIMITED  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in PARIS 6  (75006) >  KULTE UNLIMITED  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in MONTPELLIER  (34000) > ...

Regionality	Legal unit with multiple establishments in many areas having at least 50% of workforce in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

6 to 9 employees

Company workforce

10 to 19 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011	31/12/2010
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	29/01/2014	16/01/2013	01/05/2014
Activity Code	4771Z	4771Z	4771Z
Employees	0	0	15

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	1 229 616	25,9%	976 824	19,3%	818 494	77 083	1495,2%
- Intangible assets	1 068 924	28,8%	829 932	24,4%	666 884	43 358	2365,3%
- Tangible assets	125 267	2,3%	122 503	-1,7%	124 659	11 080	1030,6%
- Financial assets	35 425	45,2%	24 389	-9,5%	26 951	1 696	1988,7%
Net current assets	1 197 528	4,8%	1 142 376	16,7%	978 762	92 324	1197,1%
- Stocks	680 293	33,8%	508 321	8,5%	468 394	41 556	1537,1%
- Advanced payments	0	4,8%	0	0%	0	0	0%
- Receivables	496 060	-16,0%	590 868	64,8%	358 553	7 960	6131,9%
- Securities and cash	21 175	-51,0%	43 187	-71,6%	151 815	14 313	47,9%
- Prepaid expenses	-	-	-	-	-	380	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	2 427 142	14,5%	2 119 199	17,9%	1 797 256	194 218	1149,7%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	414 430	60,1%	258 867	134,1%	-758 274	40 260	929,4%
Share capital	2 000 000	0%	2 000 000	100%	1 000 000	8 000	24900%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	2 012 712	8,2%	1 860 330	-27,2%	2 555 529	128 593	1465,2%
- Financial liabilities	722 797	8,2%	667 831	-64,0%	1 856 217	42 362	1606,2%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	705 138	-9,6%	780 342	43,4%	544 321	24 650	2760,6%
- Tax and social liabilities	484 120	129,4%	211 064	67,9%	125 675	20 273	2288,0%
- Other debts and fixed assets liabilities	100 657	-49,9%	201 093	585,9%	29 316	5 041	1896,8%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	2 427 142	14,5%	2 119 199	17,9%	1 797 256	194 355	1148,8%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	3 316 391	16,5%	2 846 000	15,2%	2 470 807	237 011	1299,3%
Net turnover	3 193 771	14,2%	2 795 565	14,3%	2 446 038	232 651	1272,8%
- of which net export turnover	306 133	309,2%	74 809	230,9%	22 609	0	0%
Operating charges	3 185 858	13,2%	2 813 328	0,6%	2 797 600	231 202	1278,0%
Operating profit/loss	130 533	299,5%	32 672	110,0%	-326 793	5 374	2329,0%
Financial income	3 367	47,7%	2 280	-12,6%	2 608	0	0%
Financial charges	31 413	-16,9%	37 807	-17,6%	45 870	1 459	2053,1%
Financial profit/loss	-28 046	21,1%	-35 527	17,9%	-43 262	-1 032	-2617,6%
Pretax net operating income	102 487	3689,7%	-2 855	99,2%	-370 055	3 551	2786,1%
Extraordinary income	33 435	-86,1%	240 000	-3,8%	249 493	0	0%
Extraordinary charges	26 272	-88,1%	220 004	-5,5%	232 800	56	46814,3%
Extraordinary profit/loss	7 163	-64,2%	19 996	19,8%	16 693	0	0%
Net result	155 562	807,5%	17 141	104,9%	-353 362	3 828	3963,8%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	31/12/2011	31/12/2010
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2012		31/12/2011		31/12/2010
	Grand Total (I to VI)	Net	2 427 142	14,5%	2 119 199	17,9%	1 797 256
	Gross	CO	2 643 414	13,6%	2 327 294	18,0%	1 972 535
	Amortisation	1A	216 272	3,9%	208 095	18,7%	175 279

Non declared distributed capital (I)

		31/12/2012		31/12/2011		31/12/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	-	0

Active fixed asset (II)

			31/12/2012		31/12/2011		31/12/2010
	Total Active fixed asset (II)	Net	1 229 616	25,9%	976 824	19,3%	818 494
	Gross	BJ	1 392 529	26,5%	1 101 174	19,0%	925 225
	Amortisation	BK	162 913	31,0%	124 350	16,5%	106 731

Intangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Start-up cost	Net	138	0%	138	0%	138
	Gross	AB	138	0%	138	0%	138
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	4 576	-21,7%	5 844	-45,3%	10 677
	Gross	AF	30 231	0%	30 231	0%	30 231
	Amortisation	AG	25 655	5,2%	24 387	24,7%	19 554
	Goodwill	Net	1 039 000	30,7%	795 000	21,4%	655 000
	Gross	AH	1 039 000	30,7%	795 000	21,4%	655 000
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	25 210	-12,9%	28 950	2608,1%	1 069
	Gross	AJ	44 676	21,2%	36 866	645,7%	4 944
	Amortisation	AK	19 466	145,9%	7 916	104,3%	3 875
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	1 068 924	28,8%	829 932	24,4%	666 884

Tangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	0	0%	0	0%	0
	Gross	AP	0	0%	0	0%	0
	Amortisation	AQ	0	0%	0	0%	0
	Plant	Net	0	0%	0	0%	0
	Gross	AR	0	0%	0	0%	0
	Amortisation	AS	0	0%	0	0%	0
	Other tangible fixed assets	Net	125 267	2,3%	122 503	-1,7%	124 659
	Gross	AT	243 059	13,3%	214 550	3,2%	207 961
	Amortisation	AU	117 792	28,0%	92 047	10,5%	83 302
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	125 267		122 503		124 659

Financial assets

			31/12/2012		31/12/2011		31/12/2010
	Associates at equity	Net	0	0%	0	0%	0
	Gross	CS	0	0%	0	0%	0
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	0	0%	0	0%	0
	Gross	CU	0	0%	0	0%	0
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	0	0%	0	0%	0
	Gross	BB	0	0%	0	0%	0
	Amortisation	BC	0	0%	0	0%	0
	Other investment securities	Net	0	0%	0	0%	0
	Gross	BD	0	0%	0	0%	0
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	0	0%	0	0%	0
	Gross	BF	0	0%	0	0%	0
	Amortisation	BG	0		0		0
	Other financial assets	Net	35 425	45,2%	24 389	-9,5%	26 951
	Gross	BH	35 425	45,2%	24 389	-9,5%	26 951
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		35 425		24 389		26 951

Current Assets (III)

			31/12/2012		31/12/2011		31/12/2010
	Total Assets	Net	1 197 528	4,8%	1 142 376	16,7%	978 762
	Gross	CJ	1 250 886	2,0%	1 226 120	17,1%	1 047 310
	Amortisation	CK	53 358	-36,3%	83 744	22,2%	68 548

Stocks

			31/12/2012		31/12/2011		31/12/2010
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	87 200	113,5%	40 834	0%	0
	Gross	BN	87 200	113,5%	40 834	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	593 093	26,9%	467 487	-0,2%	468 394
	Gross	BT	597 703	17,5%	508 734	2,0%	498 706
	Amortisation	BU	4 610	-88,8%	41 247	36,1%	30 312
	Sub Total Stocks	Net	680 293	33,8%	508 321	8,5%	468 394

Advance payments to suppliers

			31/12/2012		31/12/2011		31/12/2010
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2012		31/12/2011		31/12/2010
	Trade accounts receivable	Net	400 927	-22,2%	515 519	85,6%	277 778
	Gross	BX	449 675	-19,4%	558 016	76,6%	316 014
	Amortisation	BY	48 748	14,7%	42 497	11,1%	38 236
	Other debtors	Net	63 406	60,2%	39 570	24,4%	31 806
	Gross	BZ	63 406	60,2%	39 570	24,4%	31 806
	Amortisation	CA	0	0%	0	0%	0
	Capital subscribed and called up	Net	0	0%	0	0%	0
	Gross	CB	0	0%	0	0%	0
	Amortisation	CC	0	0%	0	0%	0
	Sub Total Debtors	Net	464 333	-16,3%	555 089	79,3%	309 584

Divers

			31/12/2012		31/12/2011		31/12/2010
	Investment securities	Net	0	0%	0	0%	0
	Gross	CD	0	0%	0	0%	0
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	21 175	-51,0%	43 187	-71,6%	151 815
	Gross	CF	21 175	-51,0%	43 187	-71,6%	151 815
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	21 175	-51,0%	43 187	-71,6%	151 815

Prepaid expenses

			31/12/2012		31/12/2011		31/12/2010
	Prepaid expenses	Net	31 727	-11,3%	35 779	-26,9%	48 969
	Gross	CH	31 727	-11,3%	35 779	-26,9%	48 969
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		31/12/2011		31/12/2010
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Due within one year	CP	35 425	45,2%	24 389	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	2 427 142	14,5%	2 119 199	17,9%	1 797 256

Shareholder Equity (I)

			31/12/2012		31/12/2011		31/12/2010
	Total shareholders' equity (Total I)	DL	414 430	60,1%	258 867	134,1%	-758 274
	Equity and shareholders' equity	DA	2 000 000	0%	2 000 000	100%	1 000 000
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	5 000	0%	5 000	0%	5 000
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	0	0%	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-1 746 132	1,0%	-1 763 274	-25,1%	-1 409 912
	Profit or loss for the period	DI	155 562	807,5%	17 141	104,9%	-353 362
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/12/2012		31/12/2011		31/12/2010
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/12/2012		31/12/2011		31/12/2010
	Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
	Risk provisions	DP	0	0%	0	0%	0
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2012		31/12/2011		31/12/2010
	Total Liabilities (Total IV)	EC	2 012 712	8,2%	1 860 330	-27,2%	2 555 529
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	619 422	9,5%	565 450	-19,5%	702 219
	Sundry loans and financial liabilities	DV	103 375	1,0%	102 381	-91,1%	1 153 998
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	705 138	-9,6%	780 342	43,4%	544 321
	Tax and social security liabilities	DY	484 120	129,4%	211 064	67,9%	125 675
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	100 657	-49,9%	201 093	585,9%	29 316

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	1 449 454	-21,8%	1 854 240
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2012		31/12/2011		31/12/2010
Operating result (Total I-II)	GG	130 533	299,5%	32 672	110,0%	-326 793

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	-28 046	21,1%	-35 527	17,9%	-43 262

3 - Pre-tax net operating income result (I - VI)

		31/12/2012		31/12/2011		31/12/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	102 487	3689,7%	-2 855	99,2%	-370 055

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	7 163	-64,2%	19 996	19,8%	16 693

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	155 562	807,5%	17 141	104,9%	-353 362

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	3 353 193	8,6%	3 088 280	13,4%	2 722 908

Total charges (Total II+IV+VI+VIII+IX+X)

		31/12/2012		31/12/2011		31/12/2010
Total charges (Total II+IV+VI+VIII+IX+X)	HM	3 197 627	4,1%	3 071 139	-0,2%	3 076 270

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	3 316 391	16,5%	2 846 000	15,2%	2 470 807

Operating income (details)

			31/12/2012		31/12/2011		31/12/2010
	Sale of goods for resale	FC	3 173 550	14,0%	2 784 275	15,9%	2 402 110
	France	FA	2 867 608	5,8%	2 709 999	13,9%	2 379 814
	Export	FB	305 942	311,9%	74 276	233,1%	22 296
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	20 221	79,1%	11 290	-74,3%	43 928
	France	FG	20 030	86,2%	10 757	-75,3%	43 615
	Export	FH	191	-64,2%	533	70,3%	313
	Net turnover	FL	3 193 771	14,2%	2 795 565	14,3%	2 446 038
	France	FJ	2 887 638	6,1%	2 720 756	12,3%	2 423 429
	Export	FK	306 133	309,2%	74 809	230,9%	22 609
	Stocked production	FM	46 365	13,5%	40 834	181,3%	-50 213
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	75 394	687,5%	9 574	-87,2%	74 858
	Other income	FQ	861	3088,9%	27	-78,2%	124

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	3 185 858	13,2%	2 813 328	0,6%	2 797 600

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	1 551 946	21,4%	1 278 529	17,0%	1 092 870
Change in stocks of goods for resale	FT	-88 969	-787,2%	-10 028	-103,8%	263 455
Purchase of raw materials	FU	11 307	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	889 848	3,2%	862 144	11,1%	776 153
Tax, duty and similar payments	FX	36 283	13,7%	31 907	15,7%	27 572
Payroll	FY	535 171	23,9%	432 038	1,9%	424 104
Social security costs	FZ	191 418	14,2%	167 685	13,0%	148 395

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	38 569	6,1%	36 341	4,6%	34 729
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	4 610	-68,2%	14 499	340,6%	-6 026
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	15 675	7259,2%	213	-99,4%	36 348

Operating charges (III-IV)

		31/12/2012		31/12/2011		31/12/2010
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2012		31/12/2011		31/12/2010
	Total financial income (Total V)	GP	3 367	47,7%	2 280	-12,6%	2 608
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	26	-71,4%	91	-91,0%	1 008
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	3 341	502,0%	555	-65,3%	1 600
	Net income from disposal of investment securities	GO	0	0%	1 634	0%	0

Financial Charge (VI)

			31/12/2012		31/12/2011		31/12/2010
	Total financial charge (Total VI)	GU	31 413	-16,9%	37 807	-17,6%	45 870
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	31 180	-15,6%	36 938	-4,6%	38 713
	Exchange losses	GS	233	-65,3%	671	-90,6%	7 157
	Net loss from disposal of investment securities	GT	0	0%	198	0%	0

Extraordinary income (VII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary income (Total VII)	HD	33 435	-86,1%	240 000	-3,8%	249 493
	Extraordinary operating income	HA	33 435	0%	0	0%	401
	Extraordinary income from capital transactions	HB	0	0%	240 000	6,7%	225 000
	Released provisions and transferred charges	HC	0	0%	0	0%	24 092

Extraordinary charges (VIII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary charges (Total VIII)	HH	26 272	-88,1%	220 004	-5,5%	232 800
	Extraordinary operating charges	HE	23 553	1228,4%	1 773	-94,2%	30 375
	Extraordinary charges from capital transactions	HF	2 719	-98,8%	218 231	7,8%	202 425
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	-45 916	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	22 870	138,9%	9 574	-87,2%	74 858
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	24 430

Display parameter
Currency	Euro	Kilo Euro

Other incomes tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	2 725	-98,9%	239 553	0%	0
	Gross value at the end of period	OL	1 392 529	26,5%	1 101 174	0%	0

Research and development Charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	CZ	138	0%	138	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	138	0%	138	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	KD	862 097	24,9%	690 175	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	251 810	-30,4%	361 922	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	190 000	0%	0
	Gross value at the end of period	LW	1 113 907	29,2%	862 097	0%	0

Tangible fixed assets (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LN	214 549	3,2%	207 960	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	31 235	-37,0%	49 542	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	2 725	-93,7%	42 953	0%	0
	Gross value at the end of period	NH	243 059	13,3%	214 549	0%	0

Fiancial assets (Total IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LQ	24 405	-9,4%	26 951	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	11 019	172,9%	4 038	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	6 600	0%	0
	Gross value at the end of period	NK	35 424	45,2%	24 389	0%	0

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	PE	32 303	37,9%	23 429	0%	0
Increases		PF	12 818	44,4%	8 874	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	45 121	39,7%	32 303	0%	0

Total fixed assets amotisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	92 047	10,5%	83 302	0%	0
Increases		QV	25 751	-6,2%	27 467	0%	0
Decreases		QW	06	-100,0%	18 722	0%	0
	Decreasess by budget item transfer	QX	117 792	28,0%	92 047	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2012		31/12/2011		31/12/2010
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	138	0%	138	0%	0
	Net value at the end of period	SR	138	0%	138	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7C	83 744	22,2%	68 548	0%	0
Increases		UB	4 610	-68,2%	14 498	0%	0
Decreases		UC	34 996	5106,6%	-699	0%	0
	Value at the end of period	UD	53 358	-36,3%	83 745	0%	0

Includes Total allocations

Operating	UE	4 610	-68,2%	14 499	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	34 996	0%	0	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7B	83 744	22,2%	68 548	0%	0
Increases		TY	4 610	-68,2%	14 498	0%	0
Decreases		TZ	34 996	5106,6%	-699	0%	0
	Value at the end of period	UA	53 358	-36,3%	83 745	0%	0

State deadlines claims and debts at the end of period
State claims

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	0	0%	657 754	0%	0
1 year at most	VU	0	0%	633 365	0%	0
More than one year	VV	0	0%	24 389	0%	0

State of loans

		31/12/2012		31/12/2011		31/12/2010
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	24 389	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		31/12/2011		31/12/2010
Customers doubtful or disputed	VA	0	0%	42 497	0%	0
Other claims customer	UX	0	0%	515 518	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	110	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	7 723	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	31 737	0%	0

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	0	0%	35 779	0%	0

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	0	0%	1 855 779	0%	0
1 year at most		VZ2	0	0%	1 444 901	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	410 878	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2012		31/12/2011		31/12/2010
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0	0%	0
1 year at most		VG2	0	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	560 898	0%	0
1 year at most		VH2	0	0%	150 020	0%	0
More than 1 year and 5 years at most		VH3	0	0%	410 878	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	100	0%	0
1 year at most		8A2	0	0%	100	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	780 342	0%	0
1 year at most		8B2	0	0%	780 342	0%	0
More than 1 year and 5 years at most		8B3	0	0%	780 342	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	37 243	0%	0
1 year at most		8C2	0	0%	37 243	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	62 857	0%	0
1 year at most		8D2	0	0%	62 857	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	76 855	0%	0
1 year at most		VW2	0	0%	76 855	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	34 109	0%	0
1 year at most		VQ2	0	0%	34 109	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	102 282	0%	0
1 year at most		VI2	0	0%	102 282	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	201 093	0%	0
1 year at most		8K2	0	0%	201 093	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2012		31/12/2011		31/12/2010
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2012		31/12/2011		31/12/2010
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2012		31/12/2011		31/12/2010
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2012		31/12/2011		31/12/2010
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2012		31/12/2011		31/12/2010
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2012		31/12/2011		31/12/2010
Average number of employees	YP	0	0%	0	0%	15

Groups and Shareholders

		31/12/2012		31/12/2011		31/12/2010
Groups and Shareholders	ZR	0	-	0	-	0

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing		0,93	-2,1%	0,95	-26,9%	1,30	1,23	-24,4%
Global Debt		227 days	-5,4%	240 days	-36,2%	376 days	182 days	24,7%
Working Capital Fund overall net		-10 days	-66,7%	-6 days	-114,6%	41 days	36 days	-127,8%
Financial independence		66,88%	46,2%	45,76%	142,4%	-108%	93,72%	-28,6%
Solvability		17,07%	39,7%	12,22%	129,0%	-42,19%	24,69%	-30,9%
Capacity debt futures		%	-	172,55%	-	%	403,18%	-
Coverage of current assets by net working capital overall		-7,58%	-80,0%	-4,21%	-115,0%	27,99%	29,29%	-125,9%
General Liquidity			-	0,44	-		0,09	-
Restricted Liquidity			-	0,47	-		0,32	-

Management or rotation

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital		-16 days	5,9%	-17 days	-241,7%	12 days	-2 days	-700%
Treasury		2 days	-66,7%	6 days	-72,7%	22 days	2 days	0%
Inventory turnover of goods		147 days	2,1%	144 days	9,1%	132 days	149 days	-1,3%
Average length of credit granted to customers		51 days	-29,2%	72 days	53,2%	47 days	0 days	0%
Average length of credit obtained suppliers		107 days	-18,9%	132 days	43,5%	92 days	49 days	118,4%
Inventory turnover of raw materials in industrial enterprises		0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	430 days	-
Rotation tangible assets		1313,99%	0,8%	1303%	-	%	543,91%	141,6%

Profitability of the business

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading		53,56%	-1,2%	54,22%	26,8%	42,75	42,72%	25,4%
Profitability of the business		3,54	33,6%	2,65	119,2%	-13,77	4,20%	-15,7%
Net profit		4,87%	698,4%	0,61%	104,2%	-14,45%	1,65%	195,2%
Growth rate of turnover (excluding VAT)		14,24%	-0,3%	14,29%	49,6%	9,55%	-1,18%	1306,8%
Rates integration		27,43%	8,6%	25,25%	134,4%	10,77%	24,74%	10,9%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		82,94%	-2,4%	84,98%	-60,9%	217,39%	71,97%	15,2%
Weight interests		0,98	-27,4%	1,35%	-28,2%	1,88%	0,59%	66,1%

Return on capital

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability		5,07%	348,7%	1,13%	108,1%	-13,95%	3,72%	36,3%
Rates of economic profitability		10%	25,0%	8%	125,8%	-31%	10%	0%
Financial profitability		414430%	60,1%	258867%	134,1%	-758274%	5186,50%	7890,6%
Return on investment		16,44%	177,2%	5,93%	121,2%	-28,01%	6,59%	149,5%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Turnover	3 193 771	14,2%	2 795 565	14,3%	2 446 038	232 651 €	1272,8%

Sales of goods	3 173 550	14,0%	2 784 275	15,9%	2 402 110
- Purchase of goods	1 551 946	21,4%	1 278 529	17,0%	1 092 870
+/- Stock of goods variation	-88 969	-787,2%	-10 028	-103,8%	263 455
Trading margin	1 710 573 €	12,9%	1 515 774 €	44,9%	1 045 785 €	92 139 €	1756,5%
	53,56 % CA	-1,2%	54,22 % CA	26,8%	42,75 % CA	43,07 % CA	24,4%

Sale of goods produced	20 221	79,1%	11 290	-74,3%	43 928
+/- Stocked production	46 365	13,5%	40 834	181,3%	-50 213
+ Self-constructed assets	0	0%	0	0%	0
Period production	66 586 €	27,7%	52 124 €	929,3%	-6 285 €	0 €	0%
	2,08 % CA	11,8%	1,86 % CA	815,4%	-0,26 % CA	0 % CA	0%

Trading margin	1 710 573	12,9%	1 515 774	44,9%	1 045 785	92 139	1756,5%
+ Period Production	66 586	27,7%	52 124	929,3%	-6 285	0	0%
- Purchase of raw materials	11 307	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	889 848	3,2%	862 144	11,1%	776 153
Added value	876 004 €	24,1%	705 754 €	168,0%	263 347 €	60 705 €	1343,1%
	27,43 % CA	8,6%	25,25 % CA	134,4%	10,77 % CA	24,74 % CA	10,9%

Added value	876 004 €	24,1%	705 754 €	168,0%	263 347 €	60 705 €	1343,1%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	36 283	13,7%	31 907	15,7%	27 572
- Personal charges	726 589	21,2%	599 723	4,8%	572 499
Gross operating surplus	113 132 €	52,6%	74 124 €	122,0%	-336 724 €	9 486 €	1092,6%
	3,54 % CA	33,6%	2,65 % CA	119,2%	-13,77 % CA	4,20 % CA	-15,7%

Gross operating surplus	113 132 €	52,6%	74 124 €	122,0%	-336 724 €	9 486 €	1092,6%
+ Release of reserves and provisions	75 394	687,5%	9 574	-87,2%	74 858
+ Other operating income	861	3088,9%	27	-78,2%	124
- Depreciation/Amortisation	43 179	-15,1%	50 840	77,1%	28 703
- Other charges	15 675	7259,2%	213	-99,4%	36 348
Operating result	130 533 €	299,5%	32 672 €	110,0%	-326 793 €	5 382 €	2325,4%
	4,09 % CA	249,6%	1,17 % CA	108,8%	-13,36 % CA	2,46 % CA	66,3%

Operating result	130 533 €	299,5%	32 672 €	110,0%	-326 793 €	5 382 €	2325,4%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	3 367	47,7%	2 280	-12,6%	2 608
- Financial charges	31 413	-16,9%	37 807	-17,6%	45 870
Pre-tax result	102 487 €	3689,7%	-2 855 €	99,2%	-370 055 €	3 551 €	2786,1%
	3,21 % CA	3310,0%	-0,10 % CA	99,3%	-15,13 % CA	1,67 % CA	92,2%

Extraordinary income	33 435	-86,1%	240 000	-3,8%	249 493	0	0%
- Extraordinary charges	26 272	-88,1%	220 004	-5,5%	232 800
Extraordinary result	7 163 €	-64,2%	19 996 €	19,8%	16 693 €	0 €	0%
	0,22 % CA	-69,4%	0,72 % CA	5,9%	1 % CA	0 % CA	0%

Pre-tax result	102 487 €	3689,7%	-2 855 €	99,2%	-370 055 €	3 551 €	2786,1%
Extraordinary result	7 163 €	-64,2%	19 996 €	19,8%	16 693 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	-45 916	0%	0	0%	0
Net result	155 566 €	807,6%	17 141 €	104,9%	-353 362 €	3 846 €	3944,9%
	4,87 % CA	698,4%	0,61 % CA	104,2%	-14,45 % CA	1,65 % CA	195,2%

Judgements

Collective procedures

Courts

Judgment	Procédure de sauvegarde	Effective date	03/03/2014
Court	AIX
Details JUGEMENT OUVERTURE PROCEDURE DE SAUVEGARDE : PAR JUGEMENT EN DATE DU 20/02/2014, LE TRIBUNAL DE COMMERCE DE MARSEILLE PRONONCE L'OUVERTURE D'UNE PROCEDURE DE SAUVEGARDE A L'ENCONTRE DE LA SOCIETE.DESIGNE MANDATAIRE JUDICIAIRE : Me LAURE SIMON 16 BOULEVARD NOTRE DAME LE GRAND SUD 13006 MARSEILLE.DESIGNE ADMINISTRATEUR : SCP DOUHAIRE-AVAZERI prise en la personne de Me F. AVAZERI 3 PLACE FELIX BARET 13286 MARSEILLE AVEC MISSION D'ASSISTANCE. A COMPTER DU 20/02/2014 - DATE D'EFFET : 20/02/2014

Judgment	Procédure de sauvegarde	Effective date	03/03/2014
Court	LYON
Details Jugement du Tribunal de Commerce de Marseille en date du 20/02/2014 ouvrant la procédure de sauvegarde Mandataire Judiciaire : Maître SIMON Laure 16 BOULEVARD NOTRE DAME 13006 MARSEILLE, Administrateur judiciaire : SCP DOUHAIRE AVAZERI, représentée par Me AVAZERI 3 PLACE FÉLIX BARET 13286 MARSEILLE mission : assister le débiteur dans tous les actes concernant la gestion

Judgment	Procédure de sauvegarde	Effective date	28/02/2014
Court	AVIGNON
Details JUGEMENT OUVERTURE PROCEDURE DE SAUVEGARDE : Jugement du 20/02/2014, le Tribunal de commerce de MARSEILLE prononçant l'ouverture d'une procédure de sauvegarde et désignant administrateur judiciaire SCP DOUHAIRE-AVAZERI, mission conduite par Me F.AVAZERI 3 place Félix Baret 13286 MARSEILLE avec les pouvoirs d'assister le débiteur, mandataire judiciaire Me Laure SIMON 16 boulevard Notre Dame Le Grand Sud 13006 MARSEILL. Les déclarations de créances sont à déposer auprès du mandataire judiciaire dans les deux mois de la présente publication. - DATE D'EFFET : 20/02/2014

Judgment	Procédure de sauvegarde	Effective date	26/02/2014
Court	BORDEAUX
Details Le tribunal de commerce de MARSEILLE a prononcé en date du 20/02/2014 l'ouverture d'une procédure de sauvegarde, Administrateur la SCP DOUHAIRE-AVAZERI, en la personne de Me F. AVAZERI, 3 place Félix Baret 13286 MARSEILLE avec pour mission de : assistance , Mandataire judiciaire Me Laure SIMON, 16 bd Notre Dame, Le Grand Sud 13006 MARSEILLE. . Les déclarations de créances sont à déposer au Mandataire Judiciaire dans les deux mois de la publication au Bodacc du jugement d'ouverture.

Judgment	Procédure de sauvegarde	Effective date	20/02/2014
Court	MARSEILLE
Details Le tribunal de commerce de Marseille a prononcé en date du 20/02/2014 l'ouverture d'une procédure de sauvegarde, sous le numéro 2014J00202 , Administrateur SCP Douhaire-Avazeri, Mission Conduite Par Me F.Avazeri 3 Place Félix Baret 13286 Marseille avec pour mission de : d'assister le débiteur , Mandataire judiciaire Me Laure Simon 16 Boulevard Notre Dame Le Grand Sud 13006 Marseille . Les déclarations de créances sont à déposer au Mandataire Judiciaire dans les deux mois de la publication au Bodacc du jugement d'ouverture.

Rncs

Judgment	Procédure de sauvegarde	Effective date	20/02/2014
Director	ME LAURE SIMON	Position	Representative judicial
Address	13006 MARSEILLE
Director	SCP DOUHAIRE-AVAZERI, MISSION CONDUITE PAR ME F.AVAZERI	Position	Official receiver
Address	13286 MARSEILLE CEDEX 06

Bodacc

Judgment	Procédure de sauvegarde	Effective date	20/02/2014
Court	Marseille	Parution date from Gazette	07/03/2014
Jugement d'ouverture Jugement d'ouverture d'une procédure de sauvegarde Jugement prononçant l'ouverture d'une procédure de sauvegarde et désignant administrateur SCP Douhaire-Avazeri, Mission Conduite Par Me F. Avazeri 3 Place Félix Baret 13286 Marseille avec les pouvoirs : d'assister le débiteur, mandataire judiciaire Me Laure Simon 16 Boulevard Notre Dame Le Grand Sud 13006 Marseille. Les déclarations de créances sont à déposer auprès du Mandataire Judiciaire dans les deux mois de la présente publication.

Other sources

No recent judgment publication in other sources for the company.

   Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Summary of preferential rights

Company monitored since	25/03/2014
Status of Monitoring	This company is under monitoring with at least one active preferential right
Number of active preferential rights	1
Total amount	220 168 EUR
Due remaining amount	220 168 EUR

Tax office preferential rights

Number of active preferential rights	1
Total amount	220 168 EUR
Due remaining amount	220 168 EUR
Date of last preferential right	06/12/2013

Active

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

41300944

06/12/2013

06/12/2017

POLE DE RECOUVREMENT SPECIALISE DE MARSEILLE

220 168 EUR

220 168 EUR

Court	Marseille
Creditor	POLE DE RECOUVREMENT SPECIALISE DE MARSEILLE 3 PL SADI CARNOT, 13224 MARSEILLE CEDEX 02
Debtor	KULTE UNLIMITED GVIO IMP DU PARADOU 13009 PARC DE MARSEILLE SUD BAT A3, MARSEILLE, FR

Group data

Parent	MEDINVEST
Direct parent	VE-X - 40 %
Group – Number of companies	5
Linkages – Number of companies	-
Number of countries	-

Group Structure

Company Name	SIREN	Parts	Rating	Limit	Last account published
SCI MEDINVEST	411599889	-	55	50 000 €	31/12/2012
VE-X	411691223	95%	1	-	31/12/2012
KULTE UNLIMITED	433778404	40%	1	-	31/12/2012
ZONE	424792158	50.95%	25	0 €	31/12/2012
3 S	433836525	75%	65	2 000 €	31/12/2012

Shareholders

Linkages

Parent	MEDINVEST
Direct parent	VE-X - 40 %
Group – Number of companies	5
Linkages – Number of companies	-
Number of countries	-

No Linkages information available for the company

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
07/03/2014	Bodacc A	Jugement d'ouverture
13 - BOUCHES-DU-RHONE TRIBUNAL DE COMMERCE DE MARSEILLE 1046 - Date : 20 février 2014. Jugement d'ouverture d'une procédure de sauvegarde. 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Activité : vente à l'importation et à l'exportation directe ou indirecte en gros ou au détail de produits d'habillement et accessoirement de tous produits dérivés des marques fabriquées ou vendues. Adresse : impasse du Paradou, Gvio Parc de Marseille Sud Bâtiment A3, 13009 Marseille. Complément de jugement : Jugement prononçant l'ouverture d'une procédure de sauvegarde et désignant administrateur SCP Douhaire-Avazeri, Mission Conduite Par Me F. Avazeri 3 Place Félix Baret 13286 Marseille avec les pouvoirs : d'assister le débiteur, mandataire judiciaire Me Laure Simon 16 Boulevard Notre Dame Le Grand Sud 13006 Marseille. Les déclarations de créances sont à déposer auprès du Mandataire Judiciaire dans les deux mois de la présente publication.
09/11/2013	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 737 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
17/12/2012	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 1349 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
26/10/2012	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 291 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Administration : Commissaire aux comptes titulaire : PINATEL Jean-Philippe modification le 16 Décembre 2009 Commissaire aux comptes suppléant : RUINET Jacques modification le 18 Novembre 2009 Administrateur : GAMET Mathieu Michel modification le 17 Octobre 2012 Membre du conseil d'administration : GAMET Elsa Marie modification le 16 Décembre 2009 Membre du conseil d'administration : GAUTIER Xavier modification le 16 Décembre 2009 Président : GAMET Michel en fonction le 16 Décembre 2009. Activité : . Commentaires : Modification de représentant.
24/10/2012	JAL	Resignation / Revocation of the social representative
Marseille l Hebdo Date de décision : 01/10/2012 La société 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Fait l'objet du départ de Monsieur Matthieu GAMET
27/09/2012	Bodacc A	Vente et cession : Acheteur
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE D'AIX-EN-PROVENCE 58 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Capital : 2000000 EUR. Adresse : impasse du Paradou, GVIO Parc Marseille Sud - Bâtiment A3, 13009 Marseille 09. Origine du fonds : Fonds acquis par achat au prix stipulé de 250000 Euros. Etablissement : Etablissement secondaire. Activité : un fonds de commerce de vente de prêt à porter, sportwear homme, femme, enfant. Adresse : 32 cours Mirabeau, 13100 Aix-en-Provence. Précédent propriétaire : VE-X. 411 691 223 RCS Marseille. Date de commencement de l’activité : 01/09/2012. Publication légale : Marseille l'Hebdo du 26/09/2012. Oppositions : pour la validité au siège du fonds vendu soit 32 cours Mirabeau 1310 Aix-en-Provence et pour la correspondance chez la SEL d'Avocats HENNION-GARRIOT & ASSOCIES, 8 rue Euthymènes 13001 Marseille. Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
26/09/2012	JAL	Activity or goodwill cession
Marseille l'Hebdo Date de décision : 31/08/2012 Cédant : 411691223 - VE-X, IMP PARADOU, CTRE SILIC BATIMENT A 4, 13009 MARSEILLE 9 Cessionnaire : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Prix de vente : 250000 € Date d’effet : 01/09/2012
10/08/2012	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 429 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Capital : 2000000 EUR. Activité : . Commentaires : Modification du capital.
25/07/2012	JAL	Modification of the share capital
Marseille l'Hebdo Date de décision : 28/12/2011 La société : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 a subi une augmentation de son capital social désormais de 2 000 000 € Date d'effet : 28/12/2011
15/12/2011	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 879 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
28/09/2011	Bodacc A	Vente et cession : Acheteur
34 - HERAULT GREFFE DU TRIBUNAL DE COMMERCE DE MONTPELLIER 336 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou, GVIO Parc de Marseille Sud Bt A3, 13009 Marseille 09. Origine du fonds : Etablissement secondaire acquis par achat au prix stipulé de 70000 Euros. Etablissement : Etablissement secondaire. Activité : prêt à porter articles de mode. Adresse : 8 rue de la Croix d'Or, 34000 Montpellier. Précédent propriétaire : ZIGGY. 411 448 368 RCS Montpellier. Date de commencement de l’activité : 31/08/2011. Publication légale : La Gazette Economique & Culturelle du 13/09/2011. Oppositions : Scp N.Bedel De Buzareingues G.Boillot Avocats A La Cour 2, rue Stanislas Digeon BP 2139 34026 Montpellier. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
13/09/2011	JAL	Activity or goodwill cession
Gazette économique (La) Date de décision : 31/08/2011 Cédant : 411448368 - ZIGGY, 8 RUE DE LA CROIX D OR, 34000 MONTPELLIER Cessionnaire : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Prix de vente : 70000 € Date d’effet : 31/08/2011
28/07/2011	Bodacc A	Vente et cession : Acheteur
84 - VAUCLUSE GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON 1171 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bt A3, 13009 Marseille 09. Origine du fonds : Etablissement secondaire acquis par achat au prix stipulé de 50000 Euros. Etablissement : Etablissement secondaire. Activité : Négoce de prêt à porter futures mamans bonneterie layette. Adresse : 1 rue Folco Baroncelli, 84000 Avignon. Précédent propriétaire : ARCADIA. 392 685 160 RCS Avignon. Date de commencement de l’activité : 06/07/2011. Publication légale : Les petites affiches de Vaucluse du 12/07/2011. Oppositions : Me TORELLI Frédéric 4, impasse Plat boulevard Saint-Jean 84000 Avignon. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
12/07/2011	JAL	Activity or goodwill cession
Petites affiches de Vaucluse et bulletin du palais réunis (Les) Date de décision : 06/07/2011 Cédant : 392685160 - ARCADIA, 52 RUE DES METIERS, RUE DES METIERS, 84700 SORGUES Cessionnaire : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Prix de vente : 50000 € Date d’effet : 06/07/2011
06/12/2010	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 854 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
30/12/2009	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 550 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Administration : Commissaire aux comptes titulaire : PINATEL Jean-Philippe modification le 16 Décembre 2009 Commissaire aux comptes suppléant : RUINET Jacques modification le 18 Novembre 2009 Directeur général et administrateur : GAMET Mathieu Michel modification le 18 Novembre 2009 Membre du conseil d'administration : GAMET Elsa Marie modification le 16 Décembre 2009 Membre du conseil d'administration : GAUTIER Xavier modification le 16 Décembre 2009 Président : GAMET Michel en fonction le 16 Décembre 2009. Commentaires : Modification de représentant.
21/12/2009	JAL	Appointment of the social representative
MARSEILLE L'HEBDO Société faisant objet d'une nomination : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Nominé : Monsieur Michel GAMET, 397 CORNICHE 397 CORNICHE PDT J F KENNEDY, 13007 MARSEILLE En la fonction de : Membre du conseil d'administration
21/12/2009	JAL	Appointment of the social representative
MARSEILLE L'HEBDO Société faisant objet d'une nomination : 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Nominé : Monsieur Michel GAMET, 397 CORNICHE 397 CORNICHE PDT J F KENNEDY, 13007 MARSEILLE En la fonction de : Président du Conseil d'Administration
21/12/2009	JAL	Resignation / Revocation of the social representative
MARSEILLE L'HEBDO Date de décision : 30/11/2009 La société 433778404 - KULTE UNLIMITED, IMP PARADOU, GVIO PARC DE MARSEILLE SUD, 13009 MARSEILLE 9 Fait l'objet du départ de Madame Eisa GAMET
01/10/2009	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 911 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
20/05/2009	Bodacc A	Vente et cession : Acheteur
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1687 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio, Parc de Marseille Sud Bat A3, 13009 Marseille. Origine du fonds : Fonds acquis par achat au prix stipulé de 200000,00 euros. Etablissement : Etablissement complémentaire. Activité : Vente au détail d'articles d'habillement et de mode. Adresse : 40 rue du Dragon, 75006 Paris. Précédent propriétaire : LOLLIPOPS. 393 836 903 RCS Paris. Précédent exploitant : LOLLIPOPS. 393 836 903 RCS Paris. A dater du : 16/06/2005. Date de commencement de l’activité : 01/03/2009. Publication légale : Affiches parisiennes du 24/04/2009. Oppositions : cabinet de Me Denis Theillac 148 boulevard Malesherbes 75017 Paris pour la validité . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
28/02/2009	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 357 - 433 778 404 RCS Marseille. KULTE UNLIMITED. Forme : Société par actions simplifiée. Administration : Commissaire aux comptes titulaire : PINATEL Jean Philippe en fonction le 27 Mai 2005. Commissaire aux comptes suppléant : RUINET Jacques en fonction le 27 Mai 2005. Directeur général et administrateur : GAMET Mathieu Michel Marie modification le 17 Février 2009. Président : GAMET Elsa Marie Martine modification le 26 Octobre 2006. Administrateur : GAUTIER Xavier en fonction le 25 Septembre 2006. Commentaires : Modification de représentant.
29/09/2008	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 927 - 433778404 RCS. KULTE UNLIMITED. Forme : Société par actions simplifiée. Adresse : impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3, 13009 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
09/11/2007	Bodacc C	Avis de dépôt des comptes
879 - 433 778 404. RCS Marseille KULTE UNLIMITED. Forme: Société par actions simplifiée. Adresse du siège social: impasse du Paradou Gvio Parc de Marseille Sud Bâtiment A3, 13009 Marseille. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
18/10/2007	Bodacc B	Modifications et mutations diverses
367 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme : S.A.S. Capital : 1 000 000 d'euros. Commentaires : modification survenue sur le capital (augmentation).
07/10/2007	Bodacc A	Vente et cession
260 - RCS Lyon B 433 778 404. KULTE UNLIMITED. Forme : S.A.S. Capital : 1 000 000 euros. Adresse du siège social : impasse Paradou Gvio, Parc de Marseille Sud, Bât A3, 13009 Marseille. Etablissement secondaire - Activité : prêt à porter, articles de sport, chaussures et accessoires de mode hommes, femmes, enfants. Adresse : 16, rue Paul Chenavard, 69001 Lyon. Fonds secondaire acquis par achat au prix stipulé de 230 000 euros . Date d'effet : 6 septembre 2007. Précédent propriétaire : NESTOR ET GIN. RCS 445 330 582. Publication légale : Tout Lyon du 22 septembre 2007 . Oppositions : Au fonds cédé pour la validité, 16 rue Paul Chenavard, 69001 LYON et Maître Xavier CLAUDE, 25 rue Saint Georges, 70000 VESOUL pour la correspondance..
21/03/2007	Bodacc B	Modifications et mutations diverses
221 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme : S.A.S. Commentaires : modification survenue sur l'administration. Administration : membre du conseil d'administration partant : BORDONARO (Serge).
20/02/2007	Bodacc A	Vente et cession
0618 - RCS Paris B 419 900 477. RC 07-B 156. IGOR. Forme : S.A.R.L. Capital : 7 622,45 euros. Adresse du siège social : 24 rue Tiquetonne, 75002 Paris. Etablissement principal - Activité : droit au bail. Adresse : 24 rue Tiquetonne, 75002 Paris. Droit au bail acquis par cession au prix stipulé de 20 000 euros. Date d'effet : 23 décembre 2006. Précédent propriétaire : KULTE UNLIMITED. RCS 433 778 404. Publication légale : Les Affiches parisiennes du 31 janvier 2007. Oppositions : au fonds, 24 rue Tiquetonne, 75002 Paris, pour la validité et Cabinet de Me Hennion (Véronique), avocat, 4 rue Rigord, 13007 Marseille, pour la correspondance.
12/11/2006	Bodacc B	Modifications et mutations diverses
0185 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme : S.A.S. Commentaires : modification survenue sur l'administration. Administration : modification d'un membre du conseil d'administration : BORDONARO (Serge). Modification du président : GAMET (Elsa, Marie, Martine).
05/10/2006	Bodacc B	Modifications et mutations diverses
0204 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme : S.A.S. Commentaires : modification survenue sur l'administration. Administration : nomination d'un administrateur : GAUTIER (Xavier).
26/09/2006	Bodacc C	Avis de dépôt des comptes
1296 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE - SAS. Adresse du siège social: Gvio impasse du Paradou,parc de Marseille Sud bâtiment A3, 13009 Marseille. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
17/08/2006	Bodacc A	Vente et cession
0862 - RCS B 433 778 404. RC 05-B 11049. KULTE UNLIMITED. Forme : S.A.S. Adresse du siège social : Parc de Marseille-Sud, bâtiment A 3, impasse du Paradou, 13009 Marseille. Etablissement principal - Adresse : Parc de Marseille-Sud, bâtiment A 3, impasse du Paradou, 13009 Marseille. Etablissement secondaire - Activité : création, commercialisation de lignes de vêtements et import-export. Adresse : 76-76 bis rue Vieille-du-Temple, 75003 Paris. Etablissement secondaire acquis par achat au prix stipulé de 135 000 euros. Commentaires : modification survenue sur l'activité, l'adresse de l'établissement principal et la date de début d'activité. Date de début d'activité : 26 juin 2006. Précédent propriétaire : YASLOW. RCS 405 220 542. Publication légale : La Loi du 26 juin 2006. Oppositions : au fonds pour la validité et Séquestre Juridique de l'Ordre des Avocats, 11 place Dauphine, 75001 Paris, pour la correspondance.
15/09/2005	Bodacc B	Modifications et mutations diverses
138 - RCS Marseille B 433 778 404. RC 00-B 2629. KULTE UNLIMITED. Forme : S.A.S. Commentaires : modification survenue sur la dénomination et l'administration. Administration : nomination de membres du conseil d'administration : GAMET (Mathieu, Michel, Marie) GAMET (Elsa, Marie, Martine).
26/06/2005	Bodacc A	Vente et cession
1222 - RCS B 433 778 404. RC 05-B 11049. SABS. Forme : S.A.S. Adresse du siège social : parc de Marseille-Sud, bâtiment A 3, impasse du Paradou-Gvio, 13009 Marseille. Etablissement principal - Activité : vente au détail de produits d'habillement. Adresse : 24 rue Tiquetonne, 75002 Paris. Etablissement principal acquis par achat au prix stipulé de 50 000 euros. Date de début d'activité : 5 avril 2005. Précédent propriétaire : TOBBY. RCS B 444 026 066. Publication légale : Les Petites affiches du 26 avril 2005. Oppositions : Me Hennion (Véronique), 4 rue Rigord, 13007 Marseille, pour la correspondance.
22/06/2005	Bodacc B	Modifications et mutations diverses
481 - RCS Marseille B 433 778 404. RC 00-B 2629. SABS. Forme : S.A.S. Adresse du siège social : G.V.I.O., parc de Marseille-Sud, bâtiment A 3, impasse du Paradou,, 13009 Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Adresse : G.V.I.O., parc de Marseille-Sud, bâtiment A 3, impasse du Paradou, 13009
19/06/2005	Bodacc C	Avis de dépôt des comptes
1226 - RCS Marseille B 433 778 404. RC 00-B 2629. SABS. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: Gvio parc de Marseille Sud bâtiment A impasse du Paradou,13009 Marseille. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2004.
17/06/2005	Bodacc B	Modifications et mutations diverses
221 - RCS Marseille B 433 778 404. RC 00-B 2629. SABS. Forme : S.A.S. Adresse du siège social : GVIO, parc de Marseille-Sud, bâtiment A, impasse du Paradou,, 13009 Commentaires : modification survenue sur l'adresse du siège social, l'adresse de l'établissement principal et l'administration. Administration : président partant : TEJEDOR (Antony, Florentin). Commissaire aux comptes suppléant partant : AUDIT REVISION EXPERTISE COMPTABLE ET FINANCES. Commissaire aux comptes titulaire partant : COFIGEX-COMPAGNIE FIDUCIAIRE DE GESTION ET D'EXPERTISE COMPTABLE. Nomination d'un commissaire aux comptes titulaire : PINATEL (Jean, Philippe). Nomination du président : BORDONARO (Serge). Nomination d'un commissaire aux comptes suppléant : RUINET (Jacques) (Nom d'usage : RUINET). Etablissement principal - Adresse : GVIO, parc de Marseille-Sud, bâtiment A, impasse du Paradou, 13009
16/04/2005	Bodacc C	Avis de dépôt des comptes
1259 - RCS Marseille B 433 778 404. RC 00-B 2629. SABS. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 1, rue Saint Cannat,13001 Marseille. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2003.
25/11/2004	Bodacc B	Modifications et mutations diverses
RCS Marseille B 433778404 RC 00-B 2629 SABS. Forme : S.A.S. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : modification du président : TEJEDOR (Antony, Florentin).
04/03/2004	Bodacc B	Modifications et mutations diverses
RCS Marseille B 433778404 RC 00-B 2629 SABS. Forme : S.A.R.L. Capital : 50 000 euros. Commentaires : modification survenue sur le capital (augmentation) et l'administration. Administration : nomination d'un commissaire aux comptes suppléant : AUDIT REVISION EXPERTISE COMPTABLE ET FINANCES. Nomination d'un commissaire aux comptes titulaire : COFIGEX-COMPAGNIE FIDUCIAIRE DE GESTION ET D'EXPERTISE COMPTABLE.
12/09/2003	Bodacc B	Modifications et mutations diverses
RCS Marseille B 433778404 RC 00-B 2629 SABS. Forme : S.A.R.L. Commentaires : modification survenue sur l' administration. Administration : gérant partant : TEJEDOR (Florentin). Nomination d'un gérant : TEJEDOR ( Antony, Florentin).
24/12/2000	Bodacc A	Création d'établissement
RCS Marseille B 433778404 RC 00-B 2629 S.A.B.S. Forme : S.A.R.L. Capital : 8 000 euros. Activité : vente, import-export, direct ou indirect, en gros ou au détail de produits d'habillement et accessoirement de tous produits dérivés des marques fabriquées ou vendues. Adresse du siège social : 11 rue Saint- Cannat, 13001 Marseille. Administration : gérant : TESEDOR (Florentin) Cette société se constitue Date de début d' activité: 22 novembre 2000.

Company events history

Date	Description
15/05/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
18/04/2014	Payment incident closed
15/04/2014	Payment incident closed
08/04/2014	Payment incident closed
07/04/2014	Payment incident detected
01/04/2014	Payment incident closed
25/03/2014	Collection of preferential rights activated for this company
07/03/2014	New collective procedure
03/03/2014	New collective procedure
28/02/2014	New collective procedure
26/02/2014	New collective procedure
24/02/2014	Payment incident detected
21/02/2014	Update Rating
21/02/2014	Update Limit
20/02/2014	New collective procedure
20/02/2014	New collective procedure
31/01/2014	Update Limit
31/01/2014	Update Rating
31/01/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
06/12/2013	New ultimate parent
06/12/2013	New parent detected
06/12/2013	New Filling of Tax Office preferential right
18/11/2013	Update Rating
18/11/2013	Update Limit
09/11/2013	Bodacc C : Deposit accounts notice
16/10/2013	Update Limit
16/10/2013	Update Rating
14/08/2013	Update Limit
14/08/2013	Update Rating
18/01/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2012	New accounts available
31/12/2012	Modification of Company Activity
31/12/2012	Update of Company Activity
17/12/2012	Bodacc C : Deposit accounts notice
26/10/2012	Bodacc B: Various editing or changing
24/10/2012	Legal Gazette: Resignation / Revocation of the social representative
15/10/2012	Amendment
15/10/2012	Changes to the Board of Directors
27/09/2012	Bodacc A : Sale and transfer
01/09/2012	Formation of Establishment
31/08/2012	Legal Gazette: Activity or goodwill cession
10/08/2012	Bodacc B: Various editing or changing
30/07/2012	Capital increase
30/07/2012	Updated articles of association
30/07/2012	Minutes of general meeting of shareholders
04/05/2012	Payment incident closed
31/12/2011	New accounts available
28/12/2011	Legal Gazette: Modification of the share capital
28/12/2011	Other modification of Establishment
15/12/2011	Bodacc C : Deposit accounts notice
28/09/2011	Bodacc A : Sale and transfer
31/08/2011	Legal Gazette: Activity or goodwill cession
28/07/2011	Bodacc A : Sale and transfer
06/07/2011	Other modification of Establishment
06/07/2011	Legal Gazette: Activity or goodwill cession
06/07/2011	Formation of Establishment
31/12/2010	New accounts available
06/12/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
30/12/2009	Bodacc B: Various editing or changing
21/12/2009	Legal Gazette: Resignation / Revocation of the social representative
14/12/2009	Changement de Président (PDG, PCA)
14/12/2009	New chairman (CEO, CoB)
14/12/2009	Changes to the Board of Directors
14/12/2009	Modification du Conseil d'Administration
14/12/2009	Appointment/resignation of company officers
14/12/2009	Minutes of general meeting of shareholders
14/12/2009	PV d'Assemblée
14/12/2009	Minutes of Board meeting
14/12/2009	Acte modificatif
14/12/2009	Amendment
30/11/2009	Legal Gazette: Appointment of the social representative
09/11/2009	Minutes of general meeting of shareholders
09/11/2009	Continuation of business despite loss of equity
09/11/2009	PV d'Assemblée
09/11/2009	Continuation malgré perte supérieure à la moitié du capital
01/10/2009	Bodacc C : Deposit accounts notice
20/05/2009	Bodacc A : Sale and transfer
28/02/2009	New Bodacc B ads detected
28/02/2009	Bodacc B: Various editing or changing
16/02/2009	Acte modificatif
16/02/2009	Minutes of Board meeting
16/02/2009	Appointment/resignation of company officers
16/02/2009	Private document
16/02/2009	Changes to the Board of Directors
16/02/2009	Modification du Conseil d'Administration
31/12/2008	New accounts available
29/09/2008	Bodacc C : Deposit accounts notice
01/01/2008	Modification of Company Activity
01/01/2008	Update of Company Activity
31/12/2007	New accounts available
18/09/2007	Private document
18/09/2007	Augmentation de Capital
18/09/2007	Capital increase
18/09/2007	Audit or Management Report
18/09/2007	Updated articles of association
18/09/2007	Minutes of general meeting of shareholders
18/09/2007	PV d'Assemblée
06/09/2007	Formation of Establishment
10/08/2007	Other modification of Establishment
16/07/2007	Modification of Company Activity
16/07/2007	Update of Company Activity
27/02/2007	PV du Conseil d'Administration
27/02/2007	Minutes of Board meeting
27/02/2007	New chairman (CEO, CoB)
27/02/2007	Appointment/resignation of company officers
27/02/2007	Changes to the Board of Directors
27/02/2007	Private document
27/02/2007	Acte modificatif
27/02/2007	Modification du Conseil d'Administration
31/12/2006	New accounts available
24/10/2006	Changement de Président (PDG, PCA)
24/10/2006	New chairman (CEO, CoB)
24/10/2006	Acte modificatif
24/10/2006	Minutes of Board meeting
24/10/2006	PV du Conseil d'Administration
24/10/2006	Appointment/resignation of company officers
24/10/2006	Private document
25/09/2006	PV d'Assemblée
25/09/2006	Private document
25/09/2006	Minutes of general meeting of shareholders
25/09/2006	Modification du Conseil d'Administration
25/09/2006	Appointment/resignation of company officers
25/09/2006	Nomination/démission des organes de gestion
02/01/2006	Acte sous seing privé
02/01/2006	New closing date
02/01/2006	PV d'Assemblée
02/01/2006	Minutes of general meeting of shareholders
02/01/2006	Updated articles of association
02/01/2006	Private document
02/01/2006	Changement de date de clôture
02/01/2006	Statuts mis à jour
31/12/2005	New accounts available
12/08/2005	Changement de dénomination sociale
12/08/2005	Updated articles of association
12/08/2005	Statuts mis à jour
12/08/2005	Private document
12/08/2005	Minutes of general meeting of shareholders
12/08/2005	Minutes of Board meeting
12/08/2005	PV d'Assemblée
12/08/2005	Nomination/démission des organes de gestion
12/08/2005	New company name
12/08/2005	Acte sous seing privé
12/08/2005	Appointment/resignation of company officers
12/08/2005	PV du Conseil d'Administration
27/05/2005	New auditor
27/05/2005	Changement de Commissaire aux Comptes
27/05/2005	Updated articles of association
27/05/2005	Statuts mis à jour
27/05/2005	PV d'Assemblée
27/05/2005	Minutes of general meeting of shareholders
27/05/2005	Nomination/démission des organes de gestion
27/05/2005	Appointment/resignation of company officers
27/05/2005	Registered office transferred inside jurisdiction of the Commercial Court
27/05/2005	Transfert du Siège dans le ressort du Tribunal de Commerce
30/11/2004	New accounts available
25/10/2004	New legal form – no new category
25/10/2004	Changement de Forme Juridique avec changement de catégorie
25/10/2004	Changement de Forme Juridique sans changement de catégorie
25/10/2004	Rapport des Commissaires ou du Gérant
25/10/2004	Audit or Management Report
25/10/2004	Updated articles of association
25/10/2004	Statuts mis à jour
25/10/2004	PV d'Assemblée
25/10/2004	Minutes of general meeting of shareholders
25/10/2004	Acte sous seing privé
25/10/2004	Private document
25/10/2004	Appointment/resignation of company officers
25/10/2004	Nomination/démission des organes de gestion
18/02/2004	Statuts mis à jour
18/02/2004	Nomination/démission des organes de gestion
18/02/2004	PV d'Assemblée
18/02/2004	Changement de Commissaire aux Comptes
18/02/2004	Acte sous seing privé
18/02/2004	Changement de date de clôture
18/02/2004	Augmentation de Capital
30/11/2003	New accounts available
01/09/2003	Acte sous seing privé
01/09/2003	PV d'Assemblée
01/09/2003	Rapport des Commissaires ou du Gérant
01/09/2003	Changement de Gérant
01/09/2003	Nomination/démission des organes de gestion
07/12/2000	Statuts
07/12/2000	Formation de Société

Establishment events history

Date	Description
21/02/2014	Update Limit
21/02/2014	Update Rating
01/02/2014	Update Limit
01/02/2014	Update Rating
07/12/2013	Update Rating
26/09/2013	Update Rating
18/01/2013	Update Limit
18/01/2013	Update Rating
12/01/2013	Update of phone numbers
31/12/2012	Modification of Head office
31/12/2012	Update of Establishment Workforce
28/12/2012	Update Rating
01/09/2012	Modification of Head office
05/08/2012	Update Rating
28/12/2011	Update of Establishment Workforce
24/09/2011	Update Rating
06/07/2011	Modification of Head office
04/12/2010	Update Rating
27/09/2010	Update Limit
26/09/2010	Update Rating
04/01/2010	Update Limit
30/12/2009	Update Rating
28/09/2009	Update Rating
28/09/2009	Update Limit
06/09/2009	Update Limit
05/09/2009	Update Rating
08/09/2008	Update Limit
16/12/2007	Update Limit
10/12/2007	Update Limit
08/10/2007	Update Limit
08/10/2007	Update Rating
06/09/2007	Modification of Head office
04/09/2007	Update Limit

directors

Name	M. GAMET MICHEL
Manager position	President	Date of birth	01/03/1944
Place of birth	MARSEILLE
Type	Individual	Name at birth

Name	M. GAMET MATHIEU MICHEL
Manager position	Administrator	Date of birth	09/03/1975
Place of birth	MARSEILLE
Type	Individual	Name at birth

Name	Mme. GAMET ELSA MARIE
Manager position	Administrator	Date of birth	26/10/1972
Place of birth	MARSEILLE
Type	Individual	Name at birth

Name	M. GAUTIER XAVIER
Manager position	Administrator	Date of birth	16/10/1976
Place of birth	MARSEILLE
Type	Individual	Name at birth

Previous Directors

View the directors history for this company
If you want to view the directors history, please click on the link view details.

Manager position	Title and name	Date of Birth/Place of Birth
President	M SERGE BORDONARO	28/09/1970 - MARSEILLE
President	MME ELSA GAMET	- - -
President	Mme ELSA MARIE GAMET	26/10/1972 - MARSEILLE
President	MME ELSA GAMET	26/10/1972 - MARSEILLE
Managing director	M MATHIEU GAMET	- - -
Managing director	M MATHIEU MICHEL GAMET	09/03/1975 - MARSEILLE
Managing director	M MATHIEU GAMET	09/03/1975 - MARSEILLE
Administrator	M MATHIEU GAMET	- - -
Administrator	M MATHIEU GAMET	09/03/1975 - MARSEILLE
Administrator	M XAVIER GAUTIER	- - -
Managing director	M MATHIEU MICHEL GAMET	09/03/1975 - MARSEILLE

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.59.07
UK Pound	1	Rs.99.20
Euro	1	Rs.80.53

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%)

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.