|
Report Date : |
15.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
EUROPEAN
OWENS-CORNING FIBERGLAS SPRL |
|
|
|
|
Registered Office : |
Chaussée De La Hulpe 166, 1170 Bruxelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
19.09.1984 |
|
|
|
|
Com. Reg. No.: |
426240170 |
|
|
|
|
Legal Form : |
Private
Limited Company (BL/LX) |
|
|
|
|
Line of Business : |
Subject is engaged in
textile weaving |
|
|
|
|
No of Employees : |
119 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Belgium |
A1 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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.
|
Source
: CIA |
Business number 426240170
Company name EUROPEAN OWENS-CORNING
FIBERGLAS SPRL
Address CHAUSSÉE DE LA
HULPE 166
1170 BRUXELLES
Number of staff 119
Date of establishment 19/09/1984
Telephone number 026608572
Fax number 026608572
The business was established over 30 years ago.
The business has 100 employees.
The business is part of a group.
This business has a foreign parent business.
The business has been at the address for over 13 years.
Net Worth decreased by 33% during the latest trading period.
Pre-tax profits decreased by 25% compared to the previous trading
period.
The business saw an increase in their Cash Balance of 30% during the
latest trading period.
Accounts
|
||||
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
438,720,136 |
3,802,553
|
104,213,380 |
13,793,370 |
|
31/12/2012 |
466,097,805 |
5,125,634
|
156,749,058 |
6,750,577 |
|
31/12/2011 |
465,084,736 |
-3,558,991
|
147,526,323 |
-8,501,346 |
Accounts
|
||||
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
268,041,035 |
119
|
133,474,884 |
-51,547,793 |
|
31/12/2012 |
332,823,671 |
126
|
133,474,884 |
10,643,563 |
|
31/12/2011 |
347,322,226 |
138
|
133,474,884 |
411,568 |
Payment
expectations
|
|||
|
Past payments |
|
Payment expectation days |
86.21 |
|
Industry average payment expectation days |
92.85 |
Industry average day sales outstanding |
161.06 |
|
Day sales outstanding |
56.75 |
|
|
Court data
summary
|
|||
|
BANKRUPTCY DETAILS |
|||
|
Court action type |
no |
|
|
|
PROTESTED BILLS |
|
|
|
|
Bill amount |
-- |
|
|
|
NSSO DETAILS |
|
|
|
|
Date of summons |
|
|
|
|
Company
information |
-- |
|
|
|
Business number |
426240170 |
Company name |
EUROPEAN OWENS- CORNING FIBERGLAS SPRL |
|
Fax
number |
026608572 |
Date
founded |
19/09/1984 |
|
Company
status |
active |
Company
type |
Private
Limited Company (BL/LX) |
|
Currency |
Euro (€) |
Date
of latest accounts |
31/12/2013 |
|
Activity
code |
13200 |
Liable
for VAT |
yes |
|
Activity
description |
Textile weaving |
VAT
Number |
BE.0426.240.170
Check VAT number |
|
Belgian
Bullettin of Acts Publications |
moniteur beige |
|
|
|
Social Balance Sheet |
Total |
|
During the reporting year ended 31-12-2013 |
|
|
Full-time Employees |
110 |
|
Part-time Employees |
11 |
|
Total Fte Employees |
119 |
|
|
|
|
Number of hours worked |
|
|
Full-time Employees |
172,478 |
|
Part-time Employees |
13,059 |
|
Total |
185,537 |
|
|
|
|
Personnel Charges |
|
|
Full-time Employees |
13,143,670 |
|
Part-time Employees |
995,161 |
|
Total |
14,138,831 |
|
Benefits In Addition To Wages |
- |
|
|
|
|
During the previous reporting year |
|
|
Average number employees in Fte |
131 |
|
Actual working hours |
208,418 |
|
Personnel Charges |
14,996,529 |
|
Benefits In Addition To Wages |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
113 |
8 |
120 |
Gender and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Secondairy education |
45 |
1 |
46 |
|
Higher education (non university) |
13 |
- |
13 |
|
Higher education (university) |
31 |
- |
31 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Secondairy education |
6 |
2 |
8 |
|
Higher education (non
university) |
10 |
4 |
13 |
|
Higher education (university) |
8 |
1 |
9 |
|
|
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
27 |
- |
27 |
|
White collar worker |
37 |
5 |
41 |
|
Blue collar worker |
49 |
3 |
51 |
|
|
|
|
|
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
7 |
|
|
Actual working hours |
|
12,505 |
|
|
Cost of temporary staff |
|
386,487 |
|
|
|
|
|
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
13 |
- |
13 |
|
Leavers |
16 |
4 |
19 |
|
Total of formal continuing
vocational training initiativesfor workers paid by the employer |
Male |
Female |
|
Number of employees |
14 |
18 |
|
Number of training hours |
259 |
287 |
|
Net costs for enterprise |
22,010 |
22,651 |
|
JIC Code |
120 |
|
Description category |
Joint committee for the textile industry and knitting |
|
|
|
|
JIC Code |
214 |
|
Description category |
JC for the employees in the textile industry and the
knitting |
|
|
|
|
JIC Code |
218 |
|
Description category |
Additional national joint committee for the employees |
|
Event Date |
10/06/2014 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaire 10-06-2014: Renouvellement du mandat de gerant de
Hubert Fraiture, d'Umberto Rigamonti et d'Arielle Vander Perren jusqu'a TAG
de 2015. |
|
Annual account |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
Industry average
2013 |
% |
|
Weeks |
52 |
|
52 |
|
52
|
|
|
|
Currency |
EUR
|
|
EUR
|
|
EUR
|
|
|
|
Turnover |
438,720,136 |
-5.87 |
466,097,805 |
0.22 |
465,084,736 |
24,758,125 |
1672 |
|
Total operating expenses |
433,343,908 |
-5.95 |
460,769,158 |
-0.69 |
463,970,348
|
24,379,941 |
1677 |
|
Operating result |
5,376,228 |
0.89 |
5,328,647 |
378 |
1,114,388 |
163,186 |
3194 |
|
Total financial income |
3,622,128 |
-67.60 |
11,180,581 |
-27.58 |
15,438,701 |
174,719 |
1973 |
|
Total financial expenses |
5,195,803 |
-54.36 |
11,383,594 |
-43.40 |
20,112,080 |
184,090 |
2722 |
|
Results
on ordinary operations before taxation |
3,802,553 |
-25.81 |
5,125,634 |
144 |
-3,558,991 |
143,008 |
2558 |
|
Taxation |
-12,817 |
-150 |
25,604 |
-84.41 |
164,266 |
48,915 |
-126 |
|
Results
on ordinary operations after taxation |
3,815,370 |
-25.19 |
5,100,030 |
136 |
-3,723,257 |
104,179 |
3562 |
|
Extraordinary items |
-60,841,015 |
-9199 |
-654,260 |
29.90 |
-2,188,000 |
-598,375 |
-10067 |
|
Other appropriations |
0 |
-100 |
4012 |
-43.41 |
7089 |
- |
- |
|
Net result |
-57,025,645 |
-1381 |
4,449,782 |
75.37 |
-5,904,168 |
-494,622 |
-11429 |
|
OTHER INFORMATION |
|
|
|
|
|
|
|
|
Gross Operating Margin |
- |
- |
- |
- |
- |
318,293 |
- |
|
Dividends |
- |
- |
- |
- |
- |
437,396 |
- |
|
Director remuneration |
- |
- |
- |
- |
- |
193,181 |
- |
|
Employee costs |
14,138,831 |
-5.72 |
14,996,529 |
-17.31 |
18,136,318 |
1,948,033 |
625 |
|
Wages and salary |
10,614,196 |
-4.25 |
11,085,394 |
-11.47 |
12,521,703 |
1,314,077 |
707 |
|
Employee pension costs |
- |
- |
- |
- |
- |
41,146 |
- |
|
Social security contributions |
2,660,394 |
-16.28 |
3,177,669 |
-19.76
: |
3,959,965 |
476,635 |
458 |
|
Other employee costs |
864,241 |
17.83 |
733,466 |
-55.67 |
1,654,650 |
99,058 |
772 |
|
Amortization and depreciation |
5,477,852 |
-11.56 |
6,193,781 |
-1.93 |
6,315,736 |
234,732 |
2233 |
|
Annual
accounts |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
Industry
average 2013 |
% |
|||||||
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|||||||
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|||||||
|
Intangible
fixed assets |
15,501,127 |
- |
19,991,094 |
- |
24,764,048 |
252,731 |
6033 |
|||||||
|
Tangible
fixed assets |
5,422,506 |
0.61 |
5,389,507 |
-19.64 |
6,706,847 |
958,439 |
465 |
|||||||
|
Land
& building |
794,796 |
9.62 |
725,034 |
33.52 |
543,021 |
756,404 |
5.08 |
|||||||
|
Plant
& machinery |
2,802,601 |
16.09 |
2,414,151 |
-7.85 |
2,619,754 |
312,344 |
797 |
|||||||
|
Furniture
& Vehicles |
1,825,109 |
-18.02 |
2,226,217 |
-21.51 |
2,836,351 |
72,605
16,712 |
2413 |
|||||||
|
Leasing
& Other Similar Rights |
- |
- |
- |
- |
- |
376,199
129,022 |
- |
|||||||
|
Other
tangible assets |
0 |
-100 |
24,105 |
-96.59 |
707,721 |
57,405 |
-100 |
|||||||
|
Financial
fixed assets |
85,917,272 |
-41.40 |
146,628,045 |
-2.71 |
150,706,085 |
5,531,192 |
1453 |
|||||||
|
Total
fixed assets |
106,840,905 |
-37.89 |
172,008,646 |
-5.58 |
182,176,980 |
5,044,001 |
2018 |
|||||||
|
Inventories |
20,692,357 |
6.94 |
19,349,890 |
-9.51 |
21,384,318 |
2,322,379 |
790 |
|||||||
|
Raw
materials & consumables |
476,683 |
3.66 |
459,871 |
-9.80 |
509,834 |
1,374,024 |
65.31 |
|||||||
|
Work
in progress |
81,704 |
48.66 |
54,961 |
-47.71 |
105,100 |
120,479 |
-32.18 |
|||||||
|
Finished
goods |
20,133,970 |
6.90 |
18,835,058 |
-9.31 |
20,769,384 |
703,988 |
2759 |
|||||||
|
Other
stocks |
0 |
- |
0 |
- |
0 |
248,149 |
-100 |
|||||||
|
Trade
debtors |
68,210,531 |
-5.83 |
72,430,220 |
-20.78 |
91,424,766 |
1,663,603 |
4000 |
|||||||
|
Cash |
51,172,113 |
30.39 |
39,246,365 |
13521 |
288,131 |
957,107 |
5246 |
|||||||
|
other
amounts receivable |
20,882,385 |
-29.30 |
29,538,241 |
-43.00 |
51,822,938 |
1,577,157 |
1224 |
|||||||
|
Miscellaneous
current assets |
242,744 |
-3.02 |
250,309 |
11.20 |
225,093 |
79,671 |
204 |
|||||||
|
Total
current assets |
161,200,130 |
0.24 |
160,815,025 |
-2.62 |
165,145,246 |
5,680,250 |
2737 |
|||||||
|
Total
Assets |
268,041,035 |
-19.46 |
332,823,671 |
-4.17 |
347,322,226 |
10,308,251
1,826,349 |
2500 |
|||||||
|
|
|
|
|
|
|
|
|
|||||||
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|||||||
|
Trade creditors |
102,346,613 |
-3.61 |
106,181,116 |
51.32 |
70,168,019 |
2,009,041 |
4994 |
|||||||
|
Short term group loans |
- |
- |
- |
- |
- |
- |
- |
|||||||
|
Financial debts |
41,708,309 |
-6.73 |
44,718,381 |
-55.26 |
99,950,845 |
1,705,834
250,000 |
2345 |
|||||||
|
Current
portion of long term debt |
- |
- |
- |
- |
- |
672,098
96,262 |
- |
|||||||
|
Amounts Payable for Taxes, Remuneration & Social
Security |
3,348,798 |
5.83 |
3,164,326 |
-10.16 |
3,522,010 |
39,731
- |
827 |
|||||||
|
Miscellaneous current liabilities |
3,040 |
386 |
625 |
-89.07 |
5,718 |
-99 |
-- |
|||||||
|
Total current liabilities |
147,406,760 |
-4.32 |
154,064,448 |
-11.28 |
173,646,592 |
3,971,905 |
3611 |
|||||||
|
LONG TERM DEBTS AND LIABILITIES |
|
|
|
|
|
|
|
|||||||
|
Long term group loans |
- |
- |
- |
- |
- |
- |
-- |
|||||||
|
Other long term loans |
- |
- |
- |
- |
- |
- |
-- |
|||||||
|
Deffered taxes |
- |
- |
- |
- |
4,012 |
48,938
14,866 - |
||||||||
|
Provisions for Liabilities & Charges |
919,768 |
-54.45 |
2,019,071 |
46.18 |
1,381,251 |
157,087
0 |
485 |
|||||||
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
579,182 |
-100 |
|||||||
|
Total long term debts |
919,768 |
-54.45 |
2,019,071 |
45.75 |
1,385,263 |
1,199,382 |
-23.31 |
|||||||
|
SHAREHOLDERS EQUITY |
|
|
|
|
|
|
|
|||||||
|
Issued share capital |
133,474,884 |
0 |
133,474,884 |
0 |
133,474,884 |
3,264,578 |
3988 |
|||||||
|
Share premium account |
22,618,543 |
0 |
22,618,543 |
0.00 |
22,618,544 |
3,237,066 |
598 |
|||||||
|
Reserves |
-36,378,920 |
-276 |
20,646,725 |
27.47 |
16,196,943 |
1,417,264 |
-2666 |
|||||||
|
Revaluation reserve |
- |
- |
- |
- |
- |
656,862 |
- |
|||||||
|
Total shareholders equity |
119,714,507 |
-32.27 |
176,740,152 |
2.58 |
172,290,371 |
5,136,964 |
2230 |
|||||||
|
Working capital |
13,793,370 |
104 |
6,750,577 |
79.41 |
-8,501,346 |
1,708,345 |
707 |
|||||||
|
Cashflow |
-51,547,793 |
-584 |
10,643,563 |
2486 |
411,568 |
-293,769 |
-17447 |
|||||||
|
Net worth |
104,213,380 |
-33.52 |
156,749,058 |
6.25 |
147,526,323 |
4,884,234 |
2033 |
|||||||
|
Annual accounts |
31-12-2013 |
change(%) |
31-12-2012 |
change(%) |
31-12-2011 |
Industry
average 2013 |
% |
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
Profit Before Tax |
0.87 |
-20.91 |
1.10 |
142 |
-0.77 |
-34,00 |
2.56 |
|
Return
on capital employed |
3.15 |
9.76 |
2.87 |
140 |
-2.05 |
-6,00 |
52.50 |
|
Return on total assets employed |
1.42 |
-7.79 |
1.54 |
150 |
-1.02 |
-2,00 |
71.00 |
|
Return
on net assets employed |
3.18 |
9.66 |
2.90 |
140 |
-2.07 |
2,00 |
59.00 |
|
Sales / net working capital |
31.81 |
-53.93 |
69.05 |
126 |
-54.71 |
8,00 |
-99 |
|
Stock turnover ratio |
4.72 |
13.73 |
4.15 |
-9.78 |
4.60 |
32,00 |
-85.25 |
|
Debtor days |
56.75 |
0.05 |
56.72 |
-20.95 |
71.75 |
161,06 |
-64.76 |
|
Creditor days |
86.21 |
2.50 |
84.11 |
52.37 |
55.20 |
92,85 |
-7.15 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
Current ratio |
1.09 |
4.81 |
1.04 |
9.47 |
0.95 |
12,00 |
9.00 |
|
Liquidity ratio / acid ratio |
0.95 |
3.26 |
0.92 |
10.84 |
0.83 |
11,00 |
-91.36 |
|
Current debt ratio |
1.23 |
41.38 |
0.87 |
-13.86 |
1.01 |
1,00 |
23.00 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
Gearing |
34.84 |
37.71 |
25.30 |
-56.39 |
58.01 |
62,00 |
-43.81 |
|
Equity in percentage |
47.40 |
-16.11 |
56.50 |
5.79 |
53.41 |
18,00 |
163 |
|
Total debt ratio |
1.24 |
40.91 |
0.88 |
-13.73 |
1.02 |
1,00 |
24.00 |
Activity code 13200
Activity description Textile weaving
industry average credit
rating 73.63
Industry average credit
limit 45766.17
Payment Information Summary
Total number of Invoices available 33
Total number of Invoices paid
within or up to 30 days after the due date 12
Total number of Invoices paid
more than 30 days after the due date 6
Total number of Invoices currently
outstanding where the due date has not yet been reached 2
Total number of Invoices currently
outstanding beyond the due date 13
Payment expectation days 86.21
Day sales outstanding 56.75
Activity code 13200
Activity description Textile weaving
Industry average payment
expectation days 92.85
Industry average day sales
outstanding 161.06
Payment expectations
Company result 86.21
Lower 103.94
Median 66.56
Upper 52.02
Company result 56.75
Lower 103.97
Median 63.39
Upper 39
Summary
Group - Number of Companies 4
Linkages - Number of Companies 188
Number of Countries 30
|
Company name |
Number |
Latest
financials |
|
- EUROPEAN OWENS-CORNING FIBERGLAS SPRL |
426240170 |
31-12-2013 |
|
- - OCV HOLDINGS BELGIUM SPRL |
892923701 |
31-12-2012 |
|
- - - OCV CHAMBERY FRANCE |
330414343 |
|
|
- - OCV CHAMBERY FRANCE |
|
|
Minority Shareholders
No minority shareholders found
Minority Interests
|
Business number |
Company name |
% |
Date of accounts |
|
865375897 |
European Composite Recycling Services Company SC |
11.11 |
30/06/2011 |
Summary
Group - Number of Companies 4
Linkages - Number of Companies 188
Number of Countries 30
|
Linked
Companies |
|
|
|
|
NAME |
NUMBER |
LATEST
KEY FINANCIALS |
TURNOVER |
|
OC
NL INVEST COOPERATIEF U.A. |
08151412 |
31.12.2011
|
€24.388.000 |
|
OCV
CHAMBERY FRANCE |
309880813 |
31.12.2013
|
€64.761.959 |
|
OCVCHAMBERY
INTERNATIONAL |
324420785 |
31.12.2013
|
€31.884.954 |
|
INERGY
AUTOMOTIVE SYSTEMS |
428897508 |
31.12.2013
|
- |
|
OWENS-CORNING
BRITINVEST LIMITED |
03914082 |
31.12.2012
|
£1.018.000 |
|
PLASTIC
OMNIUM AUTO EXTERIORS |
410313555 |
31.12.2013
|
- |
|
BURELLE |
785386319 |
31.12.2013
|
€7.896.000 |
|
BURELLE
PARTICIPATIONS |
440050144 |
31.12.2013
|
- |
|
SOFIPARC |
351529581 |
31.12.2013
|
€7.333.000 |
|
PLASTIC
OMNIUM AUTOMOTIVE LIMITED |
03275572 |
31.12.2013
|
£170.989.000 |
|
PLASTIC
OMNIUM ENVIRONNEMENT HOLDING |
384032629 |
31.12.2013
|
€315.000 |
|
OWENS
CORNING FIBERGLAS FRANCE |
775744790 |
31.12.2013
|
€70.015.514 |
|
INERGY
AUTOMOTIVE SYSTEMS FRANCE |
324925106 |
31.12.2013
|
€171.993.439 |
|
PLASTIC
OMNIUM AUTO EXTERIEUR |
410313647 |
31.12.2013 |
€359.505.268 |
|
PLASTIC
OMNIUM SYSTEMES URBAINS |
778151944 |
31.12.2013
|
€155.111.221 |
|
DSK
PLASTIC OMNIUM B.V |
52978559 |
31.12.2013
|
- |
|
COMPAGNIE
PLASTIC OMNIUM |
955512611 |
31.12.2013
|
€2.311.000 |
|
PLASTIC
OMNIUM GMBH |
HRB 153525 |
31.12.2012
|
€4.821.336.000 |
|
PLASTIC
OMNIUM AUTO EXTERIEUR SERVICES |
501737472 |
31.12.2013
|
€113.386.824 |
|
OWENS-CORNING
VEIL U.K. LTD. |
00502188 |
31.12.2013
|
£19.970.000 |
Summons
There is no data for this company
Protested Bills
There is no data for this company
Bankruptcy and other legal events
There is no data for this company
|
Current
director details |
|
|
|
|
Name |
ARIELLE
VANDER PERREN |
|
|
|
Position |
Principal
Manager |
|
|
|
Start
Date |
19/10/2012 |
|
|
|
Street |
79
AVENUE DU CENTENAIRE NIVELLES |
|
|
|
Post
code |
1400 |
|
|
|
Country |
Belgium |
|
|
|
|
|
|
|
|
Name |
HUBERT
FRAITURE |
|
|
|
Position |
Non
Statutory Partner |
|
|
|
Start
Date |
10/01/2007 |
|
|
|
Street |
10
RUE JEAN-PASCAL DOCHEN HANNUT |
|
|
|
Post
code |
4280 |
|
|
|
Country |
Belgium |
|
|
|
|
|
|
|
|
Former
director details |
|
||
|
Name |
CHRIS
VANDERVINNE |
|
|
|
Position |
Non
Statutory Partner |
|
|
|
Start
Date |
10/01/2007 |
|
|
|
End
Date |
01/09/2009 |
|
|
|
Street |
142
RUE DE LA LIMITE WEZEMBEEK-OPPEM |
|
|
|
Post
code |
1970 |
|
|
|
Country |
Belgium |
|
|
|
|
|
||
|
Name |
PIERRE
SOMMEREIJNS |
|
|
|
Position |
Director |
|
|
|
Start
Date |
13/06/2000 |
|
|
|
End
Date |
Unknown
date |
|
|
|
Street |
85
DREVE DU DUC BRUXELLES |
|
|
|
Post
code |
1170 |
|
|
|
Country |
Belgium |
|
|
|
|
|
|
|
|
Name |
PIERRE-YVES
JEAN MARIE VANDESTRICK |
||
|
Position |
Director |
||
|
Start
Date |
04/11/1999 |
||
|
End
Date |
Unknown
date |
||
|
Date
of birth |
09/08/1963 |
||
|
Street |
31
AVENUE VICTOR ROUSSEAU BRUXELLES |
||
|
Post
code |
1190 |
||
|
Country |
Belgium |
||
|
|
|
||
|
Name |
JEAN-FRANCOIS
SANTICOLI |
||
|
Position |
Chairman
of the Board |
||
|
Start
Date |
04/11/1999 |
||
|
End
Date |
Unknown
date |
||
|
Date
of birth |
15/10/1953 |
||
|
Street |
203
MEERLAAN OVERUSE |
||
|
Post
code |
3090 |
||
|
Country |
Belgium |
||
|
|
|
||
|
Position |
Director |
||
|
Start
Date |
13/06/2000 |
||
|
End
Date |
Unknown
date |
||
|
Date
of birth |
15/10/1953 |
||
|
Street |
203
MEERLAAN OVERUSE |
||
|
Post
code |
3090 |
||
|
Country |
Belgium |
||
|
|
|
||
|
Name |
YANNICK
RANNO |
||
|
Position |
Principal
Manager |
||
|
Start
Date |
12/06/2012 |
||
|
End
Date |
10/06/2014 |
||
|
Street |
264
RUE DU CHAMPET |
||
|
Post
code |
73000 |
||
|
Country |
France |
||
|
|
|
||
|
Name |
ARNAUD
GENIS |
||
|
Position |
Principal
Manager |
||
|
Start
Date |
29/04/2008 |
||
|
End
Date |
12/06/2012 |
||
|
Street |
4
RUE DU CALVAIRE |
||
|
Post
code |
92210 |
||
|
Country |
France |
||
|
|
|
||
|
Name |
MARK
NEVILLE |
||
|
Position |
Principal Manager |
||
|
Start
Date |
01/09/2009 |
||
|
End
Date |
19/10/2012 |
||
|
Street |
5 ELSA BRANDSTROM STRASSE BAD SODEN AM TAUNUS |
||
|
Post
code |
65812 |
||
|
Country |
Germany |
||
|
|
|
||
|
Name |
UMBERTO
RIGAMONTI |
||
|
Position |
Principal
Manager |
||
|
Start
Date |
12/06/2012 |
||
|
End
Date |
11/06/2013 |
||
|
Street |
23
VIA GRANDl |
||
|
Post
code |
23891 |
||
|
Country |
Italy |
||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.11 |
|
|
1 |
Rs.98.68 |
|
Euro |
1 |
Rs.77.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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.