MIRA
INFORM REPORT
|
Report Date : |
04.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
TRATAMIENTO DESARROLLO |
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Registered Office : |
C/ Joan D' |
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Country : |
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Financials (as on) : |
2012 |
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Date of Incorporation : |
01.12.2006 |
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Legal Form : |
Private Company |
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Line of Business : |
Wholesale of hides, skins and leather |
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No of Employees : |
02 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
|
Very High Risk |
D |
SPAIN - ECONOMIC OVERVIEW
Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013.
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Source
: CIA |
EXECUTIVE SUMMARY
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Name: |
TRATAMIENTO
DESARROLLO DEL COLOR SL |
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NIF / Fiscal code: |
B64389679 |
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Status: |
ACTIVE |
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Incorporation Date: |
01/12/2006 |
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Register
Data |
Register Section 8 Sheet 340873 |
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Last
Publication in BORME: |
20/01/2011 [Annual accounts' deposit] |
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Last Published Account Deposit: |
2012 |
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Share Capital: |
33.010 |
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Localization: |
C/ JOAN D' AUSTRIA, 91 P.4 PTA.2.
- BARCELONA - 08018 - BARCELONA |
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Telephone - Fax - Email - Website: |
Ph.:. 933090546 |
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Activity: |
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NACE: |
4624 - Wholesale of hides, skins and
leather |
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Registered Trademarks: |
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Audited / Opinion: |
No |
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Tenders and Awards: |
0 for a total cost of 0 |
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Subsidies: |
0 for a total cost of 0 |
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Quality Certificate: |
No |
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|
Defaults,
Legal Claims and Insolvency Proceedings : |
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Number |
Amount (€) |
Most Recent Entry |
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Insolvency Proceedings, Bankruptcy and
Suspension of Payments |
|
Unpublished |
--- |
--- |
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Defaults on debt with Financial
Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial Claims (Notices, Executive
Proceedings, Attachments, Auctions, Bad Debt) |
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None |
0 |
--- |
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Proceedings heard by the Civil Court |
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Unpublished |
0 |
--- |
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Proceedings heard by the Labour Court |
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Unpublished |
0 |
--- |
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Partners: |
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|
SERGIO VIŃAS MARCHADOR |
100 % |
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Shares: |
0 |
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Other Links: |
0 |
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No. of Active Corporate Bodies: |
SINGLE ADMINISTRATOR 1 |
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Ratios |
2012 |
2011 |
Change |
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|
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Guarantees: |
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Properties Registered: |
Company NO, Administrator NO |
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Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
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INVESTIGATION SUMMARY |
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The company was established at the end of 2006.
Purchase and sale of chemicals. Paint, dyes for leather. Two employees in
charge. In the light of the foregoing, we consider the company apt to keep
being to usual credit loan operations. |
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Interviewed Person: |
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Identification
|
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Social Denomination: |
TRATAMIENTO DESARROLLO DEL COLOR SL |
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NIF / Fiscal code: |
B64389679 |
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Corporate Status: |
ACTIVE |
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Start of activity: |
2007 |
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Registered Office: |
C/ JOAN D' AUSTRIA, 91 P.4 PTA.2. |
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Locality: |
BARCELONA |
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Province: |
BARCELONA |
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Postal Code: |
08018 |
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Telephone: |
933090546 |
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Interviewed Person: |
Seńor Sergio. |
Activity
|
|
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NACE: |
4624 |
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CNAE Obtaining Source: |
4624 |
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Additional Information: |
Purchase and sale of chemicals. Paint, dyes for leather. |
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Additional Address: |
Registered office, office and other facilities. |
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Franchise: |
NO |
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Import / export: |
IMPORTS / EXPORTS |
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Future Perspective: |
Consolidation |
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Industry situation: |
Maturity |
Number of Employees
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|
Year |
No. of employees |
Established |
Incidentals |
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2014 |
2 |
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Chronological Summary
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Year |
Act |
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2007 |
Appointments/ Re-elections (1)
Company Formation (1) Declaration of Sole Propietorship (1) Increase of
Capital (1) Other Concepts/ Events (1) |
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2011 |
Accounts deposit (ejer. 2006,
2007, 2008, 2009) |
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2012 |
Accounts deposit (ejer. 2010) |
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2013 |
Accounts deposit (ejer. 2011,
2012) |
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Breakdown of Owners' Equity
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Registered Capital: |
33.010 |
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Paid up capital: |
33.010 |
Updated Evolution of the Subscribed and Paid-in Capital
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Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
16/01/2007 |
Company Formation |
3.010 |
3.010 |
3.010 |
3.010 |
|
23/05/2007 |
Increase of Capital |
30.000 |
30.000 |
33.010 |
33.010 |
Active Social Bodies
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Post published |
Social Body's Name |
Appointment Date |
Other Positions in this
Company |
|
SINGLE PARTNER |
VIŃAS MARCHADOR SERGIO |
16/01/2007 |
2 |
|
SINGLE ADMINISTRATOR |
VIŃAS MARCHADOR SERGIO |
16/01/2007 |
2 |
Executive board
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||
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Post |
NIF |
Name |
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ADMINISTRATOR |
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SERGIO VIŃAS MARCHADOR |
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DIRECTOR/GENERAL MANAGER |
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SERGIO VIŃAS MARCHADOR |
Defaults, Legal Claims and Insolvency
Proceedings
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Section enabling assessment of the
degree of compliance of the company queried with its payment obligations. It
provides information on the existence and nature of all stages of Insolvency
and Legal Proceedings published with reference to the Company in the country's
various Official Bulletins and national newspapers, as well Defaults Registered
in the main national credit bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
|
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|
Number of Publications |
Amount (_) |
Start date |
End date |
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Insolvency Proceedings, Bankruptcy and
Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
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--- |
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Resolution |
|
--- |
--- |
|
--- |
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Defaults on debt with Financial
Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
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Status: Friendly |
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--- |
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Status: Pre-Litigation |
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--- |
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Status: Litigation |
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--- |
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Status: Non-performing |
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--- |
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Status: insolvency proceedings, bankruptcy
and suspension of payments |
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--- |
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Other status |
|
--- |
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Legal and Administrative Proceedings |
|
Unpublished |
--- |
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Notices of defaults and enforcement |
|
--- |
--- |
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--- |
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Seizures |
|
--- |
--- |
|
--- |
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Auctions |
|
--- |
--- |
|
--- |
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Declarations of insolvency and bad debt |
|
--- |
--- |
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--- |
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Proceedings heard by the Civil Court |
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Unpublished |
--- |
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Proceedings heard by the Labour Court |
|
Unpublished |
--- |
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Positive Factors |
Adverse Factors |
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No judicial claims have been
detected in the Official Gazettes, regarding any Entity's outstanding debts
with the Tax Bureau or Social Security administrations, as submitted by
Courts of the various court jurisdictions. No irregular payment
performance has been detected based on information obtained from credit
bureaus. The current debt represents a
58.67of the financial structure. In principle, a decrease in this ratio would
indicate an improvement in the short-term financial situation. It has financial
profitability.. TRATAMIENTO DESARROLLO DEL COLOR SLobtains financial return
as a consequence of an investment in its own resources which, a priori, might
improve its financial and economic situation. It presents a efficient
productivity. Gross margin shows adequate efficiency of the company in the
variable costs associated with production. |
Solvency decrease. Its
capacity to bear the cost derived form debts incurred with third parties has
decreased significantly in its last fiscal year. Limited capacity to generate
cash and cash equivalents through operating income. In principle, a decrease
in this ratio would indicate a worsening in the Company´s financial
situation. It is in a Development stage.
It has scarce experience in the Sector, characterized by not having yet
achieved a strong market position. Private consumption continues
to have, in spite of some signs of improvement, very low rates , thus showing
great weakness. |
TREND OF RATING
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> Latest Rating Changes :
|
Rating |
Evolution |
Date |
Event |
|
|
Neutral |
07/03/14 |
Revision of the scoring by expert analyst |
|
Neutral |
19/11/13 |
Updating of financial statements. |
|
|
Neutral |
30/10/13 |
Updating of relevant commercial
information. |
|
|
Neutral |
16/03/12 |
Updating of financial statements. |
Revision of the scoring derived from analysis
conducted by the Axesor's Risks Analysts.
Probability
of default
|
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|
|
|
> Probabilidad Estimada de Impago para los próximos 12 meses:
1.262 %
|
Sector in which comparison is carried out
: 462 Wholesale of agricultural raw
materials and live animals |
|
|
Relative Position:
|
The company's
comparative analysis with the rest of the companies that comprise the sector,
shows the company holds a better position with regard to the probability of
non-compliance.
The 88.00% of the companies
of the sector TRATAMIENTO DESARROLLO DEL COLOR SL belongs to show a higher
probability of non-compliance.
The probability of
the company's non-compliance with its payment obligations within deadlines
estimated by our qualifications models is 1.262%.
In the event they
fail to comply with the payment, the seriousness of the loss will depend on
factors such as the promptness of the commencement of the charging management,
the existence of executive documents which match the credit or the existence of
guarantees and free debt assets under the name of the debtor. Therefore, the
probability of non-compliance should not be solely interpreted as the total
loss of the owed amount.
Recommended commercial credit
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|
|
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Favourable until 20.500 € (Guideline
value of outstanding commercial balance that axesor recommends be awarded to or
maintained with the company queried)
LEGAL
CLAIMS
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|
Summary of Judicial Claims |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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No se han publicado |
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PROCEDURES OF CONTEST, BANKRUPTCY
AND BANKRUPTCY PROTECTION
References
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Suppliers |
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Name |
NIF |
Telephone |
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|
COLORANTES INDUSTRIALES |
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|
|
|
|
DYSTAR |
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|
Link List
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SHAREHOLDERS : |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
|
SHAREHOLDERS |
SERGIO VIŃAS MARCHADOR |
|
100 |
Turnover
|
|
|
Total Sales 2013 |
700.000 |
Estimated Balance
|
|
Prev. 2013 Non current assets 2.000 Current assets 360.000 Equity
150.000 Non current liabilities 5.000 Current liabilities 207.000 Total assets
and liabilities 362.000 Sales 2013 700.000 |
Financial Accounts and Balance Sheets
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Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2012 |
Normales |
October 2013 |
|
2011 |
Normales |
October 2013 |
|
2010 |
Normales |
March 2012 |
|
2009 |
Normales |
December 2010 |
|
2008 |
Normales |
December 2010 |
|
2007 |
Normales |
December 2010 |
|
2006 |
Normales |
December 2010 |
The
data in the report regarding the last Company Accounts submitted by the company
is taken from the TRADE REGISTER serving the region in which the company's
address is located 31/12/2012
> Balance en formato Pyme de
acuerdo al Nuevo Plan General Contable 2007
Information
corresponding to the fiscal year
2012 2011 2010 2009 2008 is taken from information
submitted to the TRADE REGISTER. Data corresponding to fiscal years before
2012 2011 2010 2009 2008 has been compiled based on
the equivalence criteria stipulated in Act JUS/206/2009. Where the provisions
of the Act did not establish relevant equivalence criteria, axesor created such
criteria using its own methodology. To view details on the methodology.
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Assets |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
A) NON-CURRENT ASSETS: 11000 |
1.300,00 |
183,00 |
183,00 |
2.970,00 |
2.970,00 |
|
|
I. Intangible fixed
assets : 11100 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Tangible fixed
assets : 11200 |
0,00 |
0,00 |
0,00 |
2.748,00 |
2.748,00 |
|
|
III. Real estate
investment: 11300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Long-term investments
in Group companies and associates : 11400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term
financial investments: 11500 |
1.300,00 |
183,00 |
183,00 |
223,00 |
223,00 |
|
|
VI. Assets for
deferred tax : 11600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Non-current
trade debtors : 11700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
347.353,00 |
223.418,00 |
243.379,00 |
239.611,00 |
159.068,00 |
|
|
I. Stocks :
12200 |
84.487,00 |
69.286,00 |
68.266,00 |
62.448,00 |
40.059,00 |
|
|
II. Trade debtors and
others receivable accounts : 12300 |
248.088,00 |
146.229,00 |
165.567,00 |
170.797,00 |
115.305,00 |
|
|
1.
Trade debtors / accounts receivable: 12380 |
241.971,00 |
143.175,00 |
165.567,00 |
170.797,00 |
115.305,00 |
|
|
a) Long-term receivables from sales and services
supplied : 12381 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Customers for sales and provisions of services :
12382 |
241.971,00 |
143.175,00 |
165.567,00 |
170.797,00 |
115.305,00 |
|
|
2. Called up share capital: 12370 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Other accounts receivable : 12390 |
6.117,00 |
3.054,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Short-term
investment in Group companies and associates: 12400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Short-term financial
investments : 12500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Short-term
accruals : 12600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Cash and other
equivalent liquid assets : 12700 |
14.778,00 |
7.903,00 |
9.547,00 |
6.366,00 |
3.705,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
348.652,00 |
223.601,00 |
243.562,00 |
242.581,00 |
162.039,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Liabilities and Net Worth |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
A) NET WORTH: 20000 |
139.947,00 |
115.342,00 |
84.680,00 |
52.810,00 |
45.471,00 |
|
|
A-1) Shareholders' equity:
21000 |
139.947,00 |
115.342,00 |
84.680,00 |
52.810,00 |
45.471,00 |
|
|
I. Capital:
21100 |
33.010,00 |
33.010,00 |
33.010,00 |
33.010,00 |
33.010,00 |
|
|
1. Registered capital : 21110 |
33.010,00 |
33.010,00 |
33.010,00 |
33.010,00 |
33.010,00 |
|
|
2. (Uncalled capital): 21120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Share premium:
21200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Reserves:
21300 |
5.167,00 |
5.167,00 |
0,00 |
-245,00 |
-245,00 |
|
|
IV. (Common stock
equity): 21400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Profit or loss
brought forward: 21500 |
77.165,00 |
46.503,00 |
19.839,00 |
19.927,00 |
1.327,00 |
|
|
VI. Other
shareholders' contributions: 21600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Result of the
period: 21700 |
24.606,00 |
30.662,00 |
31.831,00 |
118,00 |
11.378,00 |
|
|
VIII. (Interim
dividend): 21800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-2) Changes in net worth : 22000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-3) Received subsidies, donations and
legacies: 23000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
4.163,00 |
0,00 |
0,00 |
150,00 |
1.051,00 |
|
|
I. Long-term
provisions: 31100 |
4.163,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Long-term
creditors : 31200 |
0,00 |
0,00 |
0,00 |
150,00 |
1.051,00 |
|
|
1.
Amounts owed to credit institutions: 31220 |
0,00 |
0,00 |
0,00 |
150,00 |
1.051,00 |
|
|
2. Creditors from financial leasing : 31230 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Other long-term creditors : 31290 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Long-term debts
with Group companies and associates: 31300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Liabilities for
deferred tax: 31400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term
accruals: 31500 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Non-current trade
creditors : 31600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Special
long-term debts : 31700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
204.542,00 |
108.259,00 |
158.882,00 |
189.621,00 |
115.517,00 |
|
|
I. Short-term
provisions: 32200 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Short-term
creditors : 32300 |
7.300,00 |
12.400,00 |
23.000,00 |
41.112,00 |
43.228,00 |
|
|
1. Amounts owed to credit institutions: 32320 |
0,00 |
0,00 |
0,00 |
21.267,00 |
19.283,00 |
|
|
2. Creditors from financial leasing : 32330 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Other short-term creditors : 32390 |
7.300,00 |
12.400,00 |
23.000,00 |
19.845,00 |
23.945,00 |
|
|
III. Short-term
amounts owed to group and associated companies: 32400 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Trade creditors
and other accounts payable: 32500 |
197.242,00 |
95.859,00 |
135.882,00 |
148.509,00 |
72.289,00 |
|
|
1. Suppliers: 32580 |
148.014,00 |
57.536,00 |
96.301,00 |
122.980,00 |
50.760,00 |
|
|
a) Long-term debts : 32581 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Short-term debts : 32582 |
148.014,00 |
57.536,00 |
96.301,00 |
122.980,00 |
50.760,00 |
|
|
2.
Other creditors: 32590 |
49.228,00 |
38.323,00 |
39.581,00 |
25.529,00 |
21.528,00 |
|
|
V. Short-term
accruals : 32600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Special
short-term debts : 32700 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B +
C) : 30000 |
348.652,00 |
223.601,00 |
243.562,00 |
242.581,00 |
162.039,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Profit and Loss |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
1. Net turnover:
40100 |
642.835,00 |
572.632,00 |
607.077,00 |
393.572,00 |
556.283,00 |
|
|
2. Changes in stocks
of finished goods and work in progress: 40200 |
15.201,00 |
1.020,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Works carried out
by the company for its assets: 40300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
4. Supplies :
40400 |
-471.633,00 |
-390.815,00 |
-421.530,00 |
-272.309,00 |
-363.772,00 |
|
|
5. Other operating
income: 40500 |
8.093,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
6. Personnel costs:
40600 |
-46.908,00 |
-47.204,00 |
-42.889,00 |
-40.476,00 |
-71.048,00 |
|
|
7. Other operating costs:
40700 |
-98.480,00 |
-98.587,00 |
-112.186,00 |
-79.144,00 |
-100.926,00 |
|
|
8. Amortisation of
fixed assets: 40800 |
0,00 |
0,00 |
-2.755,00 |
0,00 |
-1.455,00 |
|
|
9. Allocation of subsidies
of non-financial fixed assets and other: 40900 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
10. Excess provisions
: 41000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
11. Impairment and
result of transfers of fixed assets: 41100 |
0,00 |
0,00 |
5.818,00 |
0,00 |
0,00 |
|
|
12. Other results :
41300 |
-10.681,00 |
0,00 |
0,00 |
22,00 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6
+ 7 + 8 + 9 + 10 + 11 + 12) : 49100 |
38.428,00 |
37.047,00 |
33.535,00 |
1.665,00 |
19.082,00 |
|
|
13. Financial income
: 41400 |
0,00 |
1,00 |
0,00 |
0,00 |
73,00 |
|
|
a) Allocation of financial subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Other financial income: 41490 |
0,00 |
1,00 |
0,00 |
0,00 |
73,00 |
|
|
14. Financial
expenditure : 41500 |
-5.620,00 |
-78,00 |
-157,00 |
-1.508,00 |
-4.238,00 |
|
|
15. Changes in fair value
of financial instruments : 41600 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
16. Exchange rate
differences: 41700 |
0,00 |
3.912,00 |
-272,00 |
0,00 |
0,00 |
|
|
17. Impairment and result
for transfers of financial instruments : 41800 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
18. Other financial
income and expenditure: 42100 |
0,00 |
0,00 |
9.334,00 |
0,00 |
0,00 |
|
|
a)
Incorporation of financial expenditure to assets: 42110 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Financial income from arrangement with creditors: 42120 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
c)
Other income and expenditure: 42130 |
0,00 |
0,00 |
9.334,00 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE ( 13 + 14 + 15 + 16 +
17 +18 ) : 49200 |
-5.620,00 |
3.835,00 |
8.905,00 |
-1.508,00 |
-4.164,00 |
|
|
C) NET RESULT BEFORE TAXES ( A + B ) :
49300 |
32.807,00 |
40.882,00 |
42.441,00 |
157,00 |
14.917,00 |
|
|
19. Income taxes :
41900 |
-8.202,00 |
-10.221,00 |
-10.610,00 |
-39,00 |
-3.540,00 |
|
|
D) RESULT OF THE PERIOD ( C + 19 ) : 49500 |
24.606,00 |
30.662,00 |
31.831,00 |
118,00 |
11.378,00 |
|
CASHFLOW STATEMENT
|
|
|
|
|
Model: Normal
> Source of information: Data contained in
this section is taken from the information declared in the Annual Accounts
submitted to the Trade Register.
|
|
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
1. Fiscal year result before taxes.:
61100 |
32.807,00 |
40.882,00 |
42.441,00 |
157,00 |
14.917,00 |
|
|
2. Results adjustments.: 61200 |
9.784,00 |
76,00 |
2.912,00 |
1.508,00 |
5.620,00 |
|
|
a) Fixed Assets
Amortization (+).: 61201 |
0,00 |
0,00 |
2.755,00 |
0,00 |
1.455,00 |
|
|
c) Variation in Provision
(+/-). : 61203 |
4.163,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
g) Financial income
(-).: 61207 |
0,00 |
-1,00 |
0,00 |
0,00 |
-73,00 |
|
|
h) Financial Expenses
(+). : 61208 |
5.620,00 |
78,00 |
157,00 |
1.508,00 |
4.238,00 |
|
|
3. Changes in current capital equity.:
61300 |
-23.879,00 |
-31.926,00 |
-23.824,00 |
-1.700,00 |
-86.615,00 |
|
|
a) Stock (+/-).:
61301 |
-15.201,00 |
-1.020,00 |
-5.818,00 |
-22.389,00 |
-40.059,00 |
|
|
d) Debtors and other
accounts receivable (+/-). : 61302 |
-101.859,00 |
19.338,00 |
5.231,00 |
-55.493,00 |
-115.305,00 |
|
|
d) Creditors and
other accounts payable (+/-). : 61304 |
93.181,00 |
-50.244,00 |
-23.237,00 |
76.182,00 |
68.749,00 |
|
|
4. Other cash flows for operating
activities.: 61400 |
-5.620,00 |
-76,00 |
-157,00 |
-1.508,00 |
-4.164,00 |
|
|
a) Interest payments
(-). : 61401 |
-5.620,00 |
-78,00 |
-157,00 |
-1.508,00 |
-4.238,00 |
|
|
c) Interest
collection (+). : 61403 |
0,00 |
1,00 |
0,00 |
0,00 |
73,00 |
|
|
5. Operating activity cash flows (1 + 2 +
3 + 4) : 61500 |
13.092,00 |
8.956,00 |
21.371,00 |
-1.543,00 |
-70.242,00 |
|
|
6. Payments for investment (-).:
62100 |
-1.117,00 |
0,00 |
0,00 |
0,00 |
-2.970,00 |
|
|
c) Fixed assets. :
62103 |
0,00 |
0,00 |
0,00 |
0,00 |
-2.748,00 |
|
|
e) Other financial
assets. : 62105 |
-1.117,00 |
0,00 |
0,00 |
0,00 |
-223,00 |
|
|
7. Divestment payment collection (+). :
62200 |
0,00 |
0,00 |
2.787,00 |
0,00 |
0,00 |
|
|
c) Fixed assets. :
62203 |
0,00 |
0,00 |
2.748,00 |
0,00 |
0,00 |
|
|
e) Other financial
assets. : 62205 |
0,00 |
0,00 |
40,00 |
0,00 |
0,00 |
|
|
8. Investment activity cash flows (6 + 7)
minus Amortization: 62300 |
-1.117,00 |
0,00 |
32,00 |
0,00 |
-4.426,00 |
|
|
9. Payment collection and payments for
equity instruments. : 63100 |
0,00 |
0,00 |
39,00 |
7.222,00 |
34.093,00 |
|
|
a) Issuance of equity
instruments (+). : 63101 |
0,00 |
0,00 |
39,00 |
7.222,00 |
34.093,00 |
|
|
10. Payment collection and payments for
financial liabilities instruments.: 63200 |
-5.100,00 |
-10.600,00 |
-18.262,00 |
-3.018,00 |
44.280,00 |
|
|
a) Issuance :
63201 |
0,00 |
0,00 |
3.155,00 |
1.984,00 |
44.280,00 |
|
|
2. Debts incurred
with credit institutions (+). : 63203 |
0,00 |
0,00 |
0,00 |
1.984,00 |
20.334,00 |
|
|
5. Other debts (+). :
63206 |
0,00 |
0,00 |
3.155,00 |
0,00 |
23.945,00 |
|
|
b) Repayment and
amortization of : 63207 |
-5.100,00 |
-10.600,00 |
-21.417,00 |
-5.001,00 |
0,00 |
|
|
2. Debts incurred with
credit institutions (-).: 63209 |
0,00 |
0,00 |
-21.417,00 |
-901,00 |
0,00 |
|
|
5. Other debts (-). :
63212 |
-5.100,00 |
-10.600,00 |
0,00 |
-4.100,00 |
0,00 |
|
|
11. Payments from dividends and remunerations
from other assets instruments. : 63300 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
12. Cash flows for financing activities
(9+10+11).: 63400 |
-5.100,00 |
-10.600,00 |
-18.223,00 |
4.204,00 |
78.372,00 |
|
|
D) EFECTO DE LAS VARIACIONES DE LOS TIPOS
DE CAMBIO: 64000 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR
EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000 |
6.875,00 |
-1.644,00 |
3.181,00 |
2.661,00 |
3.705,00 |
|
|
Cash or equivalent
assets as of beginning of the fiscal year.: 65100 |
7.903,00 |
9.547,00 |
6.366,00 |
3.705,00 |
0,00 |
|
|
Cash or equivalent
assets as of end of the fiscal year.: 65200 |
14.778,00 |
7.903,00 |
9.547,00 |
6.366,00 |
3.705,00 |
|
FINANCIAL DIAGNOSIS
|
|
|
|
|
> Economic-Financial Comparative Analysis
Data used in the following
ratios and indicators is taken from the Annual Accounts submitted by the company
to the TRADE REGISTER.
> Comparison within the Sector
|
Cash Flow |
2012 |
2011 |
Variación 2012 -
2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
0,01 % |
0,00 % |
0,00 % |
0,01 % |
|
-104,06 % |
|
|
EBITDA over Sales: |
7,64 % |
2,62 % |
6,47 % |
4,34 % |
18,08 % |
-39,55 % |
|
|
Cash Flow Yield: |
0,02 % |
0,00 % |
-0,01 % |
0,01 % |
368,21 % |
-103,76 % |
|
|
Profitability |
2012 |
2011 |
Variación 2012 -
2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
14,14 % |
0,95 % |
16,58 % |
1,44 % |
-14,74 % |
-34,08 % |
|
|
Total economic profitability: |
11,02 % |
1,35 % |
18,32 % |
1,81 % |
-39,83 % |
-25,45 % |
|
|
Financial profitability: |
17,58 % |
-0,34 % |
26,58 % |
0,39 % |
-33,86 % |
-187,53 % |
|
|
Margin: |
7,54 % |
1,06 % |
6,47 % |
1,57 % |
16,61 % |
-32,35 % |
|
|
Mark-up: |
6,68 % |
-0,22 % |
7,14 % |
0,27 % |
-6,42 % |
-182,85 % |
|
|
Solvency |
2012 |
2011 |
Variación 2012 -
2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,07 |
0,23 |
0,07 |
0,22 |
-1,03 |
8,31 |
|
|
Acid Test: |
1,29 |
1,07 |
1,42 |
1,02 |
-9,73 |
5,42 |
|
|
Working Capital / Investment: |
0,41 |
0,21 |
0,52 |
0,23 |
-20,47 |
-5,33 |
|
|
Solvency: |
1,70 |
1,79 |
2,06 |
1,76 |
-17,71 |
1,99 |
|
|
Indebtedness |
2012 |
2011 |
Variación 2012 -
2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
1,42 |
1,08 |
0,94 |
1,36 |
51,22 |
-20,70 |
|
|
Borrowing Composition: |
0,00 |
0,80 |
0,00 |
0,83 |
|
-3,33 |
|
|
Repayment Ability: |
29,75 |
-1.451,83 |
-65,85 |
60,69 |
145,18 |
-2.492,18 |
|
|
Warranty: |
1,70 |
1,93 |
2,07 |
1,74 |
-17,47 |
11,02 |
|
|
Generated resources / Total creditors:
|
0,12 |
0,04 |
0,28 |
0,05 |
-57,53 |
-5,81 |
|
|
Efficiency |
2012 |
2011 |
Variación 2012 -
2011 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
2,05 |
1,11 |
1,78 |
1,19 |
14,68 |
-7,34 |
|
|
Turnover of Collection Rights : |
2,62 |
4,25 |
3,92 |
4,13 |
-33,00 |
2,81 |
|
|
Turnover of Payment Entitlements: |
2,97 |
2,76 |
5,12 |
2,75 |
-42,00 |
0,36 |
|
|
Stock rotation: |
7,12 |
3,66 |
7,73 |
3,39 |
-7,85 |
8,05 |
|
|
Assets turnover: |
1,87 |
0,90 |
2,56 |
0,92 |
-26,89 |
-2,56 |
|
|
Borrowing Cost: |
2,75 |
2,43 |
0,07 |
2,40 |
3.732,91 |
1,14 |
|
> Trend of indicators under the General
Accounting Plan of 2007 (2012, 2011, 2010, 2009, 2008)
|
Cash Flow |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
Cash Flow over Sales: |
0,01 % |
0,00 % |
0,01 % |
0,01 % |
0,67 % |
|
|
EBITDA over Sales: |
7,64 % |
6,47 % |
5,02 % |
0,42 % |
3,69 % |
|
|
Cash Flow Yield: |
0,02 % |
-0,01 % |
0,01 % |
0,01 % |
2,29 % |
|
|
Profitability |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
Operating economic profitability: |
14,14 % |
16,58 % |
13,78 % |
0,68 % |
11,79 % |
|
|
Total economic profitability: |
11,02 % |
18,32 % |
17,49 % |
0,69 % |
11,82 % |
|
|
Financial profitability: |
17,58 % |
26,58 % |
37,59 % |
0,22 % |
25,02 % |
|
|
Margin: |
7,54 % |
6,47 % |
5,52 % |
0,42 % |
3,43 % |
|
|
Mark-up: |
6,68 % |
7,14 % |
6,99 % |
0,03 % |
2,68 % |
|
|
Solvency |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
Liquidity: |
0,07 |
0,07 |
0,06 |
0,03 |
0,03 |
|
|
Acid Test: |
1,29 |
1,42 |
1,10 |
0,93 |
1,03 |
|
|
Working Capital / Investment: |
0,41 |
0,52 |
0,35 |
0,21 |
0,27 |
|
|
Solvency: |
1,70 |
2,06 |
1,53 |
1,26 |
1,38 |
|
|
Indebtedness |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
Indebtedness level: |
1,42 |
0,94 |
1,88 |
3,59 |
2,56 |
|
|
Borrowing Composition: |
0,00 |
0,00 |
0,00 |
0,00 |
0,01 |
|
|
Repayment Ability: |
29,75 |
-65,85 |
49,95 |
71,32 |
5,68 |
|
|
Warranty: |
1,70 |
2,07 |
1,53 |
1,28 |
1,39 |
|
|
Generated resources / Total creditors:
|
0,12 |
0,28 |
0,22 |
0,00 |
0,11 |
|
|
Efficiency |
2012 |
2011 |
2010 |
2009 |
2008 |
|
|
Productivity: |
2,05 |
1,78 |
1,71 |
1,04 |
1,29 |
|
|
Turnover of Collection Rights : |
2,62 |
3,92 |
3,67 |
2,30 |
4,82 |
|
|
Turnover of Payment Entitlements: |
2,97 |
5,12 |
3,93 |
2,37 |
6,43 |
|
|
Stock rotation: |
7,12 |
7,73 |
8,49 |
6,28 |
13,41 |
|
|
Assets turnover: |
1,87 |
2,56 |
2,49 |
1,62 |
3,44 |
|
|
Borrowing Cost: |
2,75 |
0,07 |
0,10 |
0,79 |
3,64 |
|
COMPARATIVE SECTORIAL BALANCE
|
|
|
|
|
Sector-based Comparison under the rules of the New General Accounting
Plan.
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
News
|
--
Public Tenders and Works Won
|
|
|
|
|
No Public Tenders assigned
to the name of the company.
Research Summary
|
|
The company was established
at the end of 2006. Purchase and sale of chemicals. Paint, dyes for leather.
Two employees in charge. In the light of the foregoing, we consider the company
apt to keep being to usual credit loan operations. |
Sources
|
|
Registry of Commerce's
Official Gazette. Own and external data bases Company References |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.54 |
|
UK Pound |
1 |
Rs.99.73 |
|
Euro |
1 |
Rs.79.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.