MIRA INFORM REPORT

Report Date :

10.09.2014

IDENTIFICATION DETAILS

Name :	GEBE. PELLAMI B.V.
Registered Office :	Dukaatstraat 5, 4903RN Oosterhout
Country :	Netherlands
Date of Incorporation :	08.11.2012
Com. Reg. No.:	KvK-nummer: 56430299
Legal Form :	Besloten Vennootschap
Line of Business :	Agents specialising in the sale of other goods
No. of Employees :	1

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 :	Unknown
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)
Netherlands	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderate Low Risk	B1
Moderate Risk	B2
Moderate High Risk	C1
High Risk	C2
Very High Risk	D

NETHERLANDS - ECONOMIC OVERVIEW

Netherlands is the sixth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, sizable trade surplus, and important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. The Dutch financial sector suffered as a result of the global financial crisis, due in part to the high exposure of some Dutch banks to US mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009. To recover, the government sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing austerity measures in early 2011, mainly reducting expenditures, which resulted in an improved budget deficit in 2011. However, in 2012 tax revenues dropped, GDP contracted, and the budget deficit deteriorated. In 2013, the government budget deficit decreased to 3.3% of GDP due to increased government revenue from higher taxes. However, spending on social benefits also increased, due to a rise in unemployment benefits and payments for pensions. The high unemployment rate and tax increases have contributed to continued decreases in household disposable income, causing the Dutch economy to contract

Source : CIA

Summary

Company name GeBe. Pellami B.V.

Operative address Dukaatstraat 5

4903RN Oosterhout

Netherlands

Legal form Besloten Vennootschap

Registration number KvK-nummer: 56430299

VAT-number 852121337

Contact information

Company name GeBe. Pellami B.V.

Trade names GeBe. Pellami B.V.

Operative address Dukaatstraat 5

4903RN Oosterhout

Netherlands

Correspondence address Dukaatstraat 5

4903RN Oosterhout

Netherlands

Fax number 0162315678

Mobile number 0653150608

Registration

Registration number KvK-nummer: 56430299

Branch number 000025984888

VAT-number 852121337

Status Active

First registration company register 2012-11-08

Memorandum 2012-11-01

Establishment date 2012-11-01

Legal form Besloten Vennootschap

Activities

SBI Agents specialising in the sale of other goods (4618)

Exporter No

Importer No

Goal Handelsonderneming in roerende goederen. (HANDELSONDERNEMING Movable.)

Relations

Shareholders Guido Haagh Beheer B.V.

Turnstraat 16

4818TJ Breda

Netherlands

Registration number: 200950580000

Percentage: 100%

Management

Active management G.P.H.M. Haagh (Guido Petrus Henri Marie)

Netherlands

Competence: Fully authorized

Function: Manager

Starting date: 2012-11-01

Date of birth: 1965-12-04, Gilze en Rijen, NL

Involved with the following companies

• Guido Haagh Beheer B.V.

Turnstraat 16

4818TJ Breda

Netherlands

Registration number: 200950580000

Function: Manager

• Unico Leather B.V.

Vierbundersweg 1

5107NL DONGEN

Netherlands

Registration number: 18056872

Insolvency: Default

Function: Manager

• Unico Leather B.V.

Registration number: 18056872

Function: Manager

• Unico Leather B.V.

Registration number: 18056872

Function: Manager

• Unico Leather B.V.

Registration number: 18056872

Function: Manager

• Unico Leather B.V.

Registration number: 18056872

Function: Manager

Employees

Total according to the Chamber of Commerce 1

Year	2014	2013
Total	1	2

Payments

Description Payments made under regular condition

Financial statement

Remark annual account This company is not obliged to file its financial statements

Analysis

Branch (SBI) Wholesale trade (no motor vehicles and motorcycles) (46)

Region West-Brabant

In the Netherlands 109662 of the companies are registered with the SBI code 46

In the region West-Brabant 4857 of the companies are registered with the SBI code 46

In the Netherlands 2387 of the bankrupcties are published within this sector

In the region West-Brabant 119 of the bankruptcies are published within this sector

The risk of this specific sector in the Netherlands is normal

The risk of this specific sector in the region West-Brabant is normal

Publications

Functions 09-11-2012: Per 01-11-2012 is bestuurder Guido Petrus Henri Marie Haagh in functie getreden.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.42
UK Pound	1	Rs.97.24
Euro	1	Rs.77.92

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.