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Report Date : |
10.10.2014 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Avenue Claire 7, 1410 |
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Country : |
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Date of Incorporation : |
23.10.2013 |
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Com. Reg. No.: |
541433709 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale trade in other industrial Equipment |
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No. of Employees : |
No Employees |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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Belgium |
A1 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and
private-enterprise-based economy has capitalized on its central geographic
location, highly developed transport network, and diversified industrial and
commercial base. Industry is concentrated mainly in the more heavily-populated
region of Flanders in the north. With few natural resources, Belgium imports
substantial quantities of raw materials and exports a large volume of
manufactures, making its economy vulnerable to volatility in world markets. Roughly
three-quarters of Belgium's trade is with other EU countries, and Belgium has
benefited most from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%,
the unemployment rate increased to 8.8% from 7.6% the previous year, and the
government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%.
Despite the relative improvement in Belgium's budget deficit, public debt
hovers around 100% of GDP, a factor that has contributed to investor
perceptions that the country is increasingly vulnerable to spillover from the
euro-zone crisis. Belgian banks were severely affected by the international
financial crisis in 2008 with three major banks receiving capital injections
from the government, and the nationalization of the Belgian retail arm of a
Franco-Belgian bank.
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Source
: CIA |
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Business number |
541433709 |
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Company name |
BELGIUM
FILTRATION TECHNOLOGY SPRL |
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Address |
AVENUE CLAIRE 7 1410 WATERLOO |
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Date of establishment |
23/10/2013 |
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Telephone number |
023515208 |
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Fax number |
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No employees are recorded for this business.
The business has been at the address for over 10 months.
No key Financials Registered
Payment expectations
Past payments
Payment expectation days -
Industry average payment
expectation days 121.90
Industry average day sales
outstanding 97.13
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Business number |
541433709 |
Company name |
BELGIUM
FILTRATION TECHNOLOGY SPRL |
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Fax number |
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Date
founded |
23/10/2013 |
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Company status |
active |
Company type |
Private
Limited Company (BL/LX) |
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Currency |
Euro (€) |
Date of
latest accounts |
- |
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Activity code |
46600 |
Liable
for VAT |
yes |
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Activity description |
Wholesale trade in other
industrial equipment |
VAT Number |
BE.0541.433.709 Check VAT
number |
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Belgian Bullettin of Acts Publications |
moniteur
belge |
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There are no accounts on file for this company
Suspension of payments / moratorium history
Amount -
Details -
Payment expectations
Payment expectation days -
Day sales outstanding -
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Industry comparison |
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Activity code |
46600 |
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Activity description |
Wholesale trade in other industrial
equipment |
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Industry average payment expectation days |
121.90 |
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Industry average day sales outstanding |
97.13 |
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Industry quartile analysis Payment expectations |
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Company result - |
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Lower |
114.86 |
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Median |
77.47 |
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Upper |
36.86 |
Day Sales Outstanding
Company result -
Lower 88.35
Median 50.82
Upper 26.69
Summary
Group - Number of Companies 0
Linkages - Number of Companies 0
Number of Countries 0
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Companies that match this address
No Companies Match this address
Summary
Group - Number of Companies 0
Linkages - Number of Companies 0
Number of Countries 0
There is no data for this company
There is no data for this company
There is no data for this company
Current director details
Name MARIE-HÉLÈNE DE
LESPINAY
Position Principal Manager
Start Date 25/10/2013
Street 7 AVENUE
CLAIREWATERLOO
Post code 1410
Country Belgium
Position Non Statutory
Partner
Start Date 23/10/2013
Street 7 AVENUE
CLAIREWATERLOO
Post code 1410
Country Belgium
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.46 |
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|
1 |
Rs.98.77 |
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Euro |
1 |
Rs.77.65 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.