MIRA INFORM REPORT
|
Report No. : |
316600 |
|
Report Date : |
09.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
HUNTSMAN HOLLAND B.V. |
|
|
|
|
Registered Office : |
Merseyweg 10 3197KG Botlek Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
01.01.1928 |
|
|
|
|
Com. Reg. No.: |
KvK-nummer: 24070891 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
Not Available |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 HUNTSMAN
HOLLAND B.V.
Operative
address Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Legal
form Private Company
Registration
number KvK-nummer: 24070891
VAT-number
001855062
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
1.571.640.240 |
2,99 |
1.526.023.247 |
3,26 |
1.477.786.522 |
|
Total receivables |
741.819.321 |
-1,75 |
755.053.839 |
10,12 |
685.692.087 |
|
Total equity |
796.533.266 |
1,46 |
785.103.863 |
-19,51 |
975.430.085 |
|
Short term liabilities |
1.854.383.340 |
18,74 |
1.561.738.725 |
27,45 |
1.225.410.761 |
|
Net result |
5.468.784 |
112,74 |
-42.925.574 |
-690,18 |
7.273.360 |
|
Working capital |
-140.481.477 |
-158,68 |
239.386.851 |
-36,79 |
378.722.464 |
|
Quick ratio |
0,48 |
-14,29 |
0,56 |
-15,15 |
0,66 |
Contact
information
Company
name Huntsman Holland B.V.
Trade
names Huntsman Holland B.V.
Huntsman Polyurethanes
Huntsman
Operative
address Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Correspondence
address Postbus 1020
3180AA Rozenburg Zh
Netherlands
Telephone
number 0181 299111
Fax
number 0181 293900
Email
address info@huntsman.com
Website www.huntsman.com
Registration
Registration
number KvK-nummer: 24070891
Registered
in Kamer van Koophandel
Rotterdam
Branch
number 000018608906
VAT-number
001855062
Status
Active
First
registration company register 1947-01-03
Memorandum
1928-01-26
Establishment
date 1928-01-01
Legal
form Private Company
Last
proposed admendment 2008-10-27
Issued
placed capital EUR 113.445.500
Paid
up share capital EUR 113.445.500
Activities
SBI Manufacture
of plastics in primary forms (2016)
Manufacture of man-made fibres (2060)
Manufacture of pharmaceutical products, no
raw (212001)
ISO certified Yes
ISO certifier DNV
Business Assurance
ISO standard ISO
14001:2004
Exporter No
Importer No
Goal Het
vervaardigen, verkopen, importeren, exporteren van, en in het algemeen de
handel in chemische producten, alsmede de activiteiten van een houdster- en
financieringsmaatschappij
Relations
Shareholders Huntsman Investments (Netherlands) B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 242930540000
Percentage: 100%
Companies on same address Amount: 22
Liability statements Huntsman Investments
(Netherlands) B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 242930540000
date of issue: 2006-01-31
Starting date: 2004-01-01
Bank
details
Accounts ABN Amro Bank NV
Account number: 50.03.36.628
ING Bank NV
Account number: 63208
Management
Active management B. de Jong (Benjamin)
Netherlands
Competence: Fully authorized
Function: Manager
Starting date: 2003-04-01
Date of birth: 1961-08-07, Enkhuizen, NL
Involved with the following companies
• Huntsman Investments (Netherlands) B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 242930540000
Function: Manager
• Huntsman (Holdings) Netherlands B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 513417860000
Function: Manager
M.J. van der Meer (Max Jacobus)
Netherlands
Competence: Fully authorized
Function: General Director
Starting date: 2003-04-01
Date of birth: 1959-06-23, 's-Gravenhage, NL
E. Barents (Erik)
Netherlands
Function: Commissaris
Starting date: 2003-04-17
Date of birth: 1947-01-24, 's-Gravenhage, NL
N.E.D. Degrieck (Natasja Edward Denise)
Netherlands
Function: Commissaris
Starting date: 2003-12-19
Date of birth: 1965-06-24, Oostende, BE
Involved with the following companies
• Huntsman Investments (Netherlands) B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 242930540000
Function: Manager
• Huntsman (Holdings) Netherlands B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 513417860000
Function: Manager
N.A. Webster (Nicholas Andrew)
Netherlands
Function: Commissaris
Starting date: 2004-10-01
Date of birth: 1957-08-31, Oxford, GB
J.C. ten Cate (Johan Christoffel)
Netherlands
Function: Commissaris
Starting date: 2007-09-15
Date of birth: 1946-03-25, Neede, NL
Involved with the following companies
• Beurs Rotterdam N.V.
Beursplein 37
3011AA Rotterdam
Netherlands
Registration number: 240418480000
Function: Commissaris
• Koepon Holding B.V.
Zijlsterweg 4
9892PK Feerwerd
Netherlands
Registration number: 020406920000
Function: Commissaris
• Pon Holdings B.V.
Rondebeltweg 31
1329BN Almere
Netherlands
Registration number: 080179700000
Function: Commissaris
F.W. Weisglas (Frans Willy)
Netherlands
Function: Commissaris
Starting date: 2009-05-29
Date of birth: 1946-08-08, 's-Gravenhage, NL
Involved with the following companies
• Stichting "Het Rijnlands Lyceum
Backershagenlaan 3
2243AB Wassenaar
Netherlands
Registration number: 411508570000
Function: Chairman
M. Kleijburg (Marcel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1999-10-01
Date of birth: 1970-07-10, Rockanje, NL
L. Wendels (Leendert)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1999-10-01
Date of birth: 1962-06-20, Dordrecht, NL
P.J. de Gast (Pieter Jacob)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2003-03-01
Date of birth: 1960-02-02, Nieuwe Tonge, NL
K.L.M. van Veen - Hoogenboom (Klazina Leentje
Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-05-01
Date of birth: 1975-10-23, Rozenburg, NL
C.M.M. van Kleef - Fennis (Catharina
Magdalena Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-10-01
Date of birth: 1959-09-09, Heerlen, NL
A.J. van Gelder - van der Vaart (Annigje
Jantina)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-10-01
Date of birth: 1966-06-20, Rotterdam, NL
M.R. Janssen (Martin Raymond)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-10-01
Date of birth: 1971-01-02, Rotterdam, NL
W.P.A. Kok (Willem Pieter Aart)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-10-01
Date of birth: 1965-01-30, Rotterdam, NL
Payments
Description Payments are made regularly no complaints are known
Key
figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
0,48 |
0,56 |
0,66 |
0,66 |
0,62 |
|
Current ratio |
0,92 |
1,15 |
1,31 |
1,17 |
1,06 |
|
Working capital/ balance total |
-0,04 |
0,07 |
0,12 |
0,08 |
0,03 |
|
Equity / balance total |
0,24 |
0,24 |
0,32 |
0,28 |
0,23 |
|
Equity / Fixed assets |
0,51 |
0,51 |
0,66 |
0,65 |
0,47 |
|
Equity / liabilities |
0,33 |
0,32 |
0,47 |
0,40 |
0,31 |
|
Balance total / liabilities |
1,37 |
1,35 |
1,50 |
1,41 |
1,32 |
|
Working capital |
-140.481.477 |
239.386.851 |
378.722.464 |
242.067.751 |
53.247.244 |
|
Equity |
796.533.266 |
785.103.863 |
975.430.085 |
846.367.204 |
410.573.260 |
|
Mutation equity |
1,46 |
-19,51 |
15,25 |
106,14 |
-13,58 |
|
Mutation short term liabilities |
18,74 |
27,45 |
-14,91 |
73,13 |
-8,67 |
|
Return on total assets (ROA) |
-0,38 |
-0,61 |
2,16 |
2,36 |
-5,70 |
|
Return on equity (ROE) |
-1,59 |
-2,59 |
6,84 |
8,34 |
-24,34 |
|
Gross profit margin |
-0,04 |
0,19 |
1,61 |
3,12 |
-2,94 |
|
Net profit margin |
0,12 |
-0,91 |
0,15 |
1,75 |
-3,84 |
|
Average collection ratio |
2,48 |
3,03 |
3,95 |
2,10 |
2,96 |
|
Average payment ratio |
6,19 |
6,27 |
7,05 |
4,08 |
5,37 |
|
Equity turnover ratio |
5,77 |
6,03 |
4,96 |
3,56 |
5,99 |
|
Total assets turnover ratio |
1,40 |
1,42 |
1,57 |
1,01 |
1,40 |
|
Fixed assets turnover ratio |
2,92 |
3,10 |
3,27 |
2,31 |
2,84 |
|
Inventory conversion ratio |
5,52 |
5,15 |
6,12 |
4,12 |
6,65 |
|
Turnover |
4.593.606.091 |
4.736.564.517 |
4.836.763.225 |
3.017.167.094 |
2.461.353.622 |
|
Gross margin |
528.934.826 |
535.586.649 |
662.053.475 |
388.333.161 |
192.251.093 |
|
Operating result |
-1.654.702 |
8.828.256 |
77.660.560 |
94.220.320 |
-72.364.273 |
|
Net result after taxes |
5.468.784 |
-42.925.574 |
7.273.360 |
52.914.266 |
-94.586.258 |
|
Cashflow |
10.514.829 |
104.524.030 |
12.609.166 |
168.781.706 |
-91.737.445 |
|
EBIT |
-1.654.702 |
8.828.256 |
77.660.560 |
94.220.320 |
-72.364.273 |
|
EBITDA |
3.391.342 |
156.277.859 |
82.996.367 |
210.087.760 |
-69.515.461 |
Summary
The 2013 financial result structure is a
negative working captial of -140.481.477 euro, which
is in agreement with -4 % of the total assets of the company.
The working capital has diminished with -158.68 % compared to previous
year. The ratio,
with respect to the total assets of the company has however, declined.
The deterioration between 2012 and 2013 has mainly been caused by an
increase of the
current liabilities.
The current ratio of the company in 2013 was 0.92. When the current
ratio is below 1.5, the
company may have problems meeting its short-term obligations.
The quick ratio in 2013 of the company was 0.48. A company with a Quick
Ratio of less than
1 cannot currently pay back its current liabilities.
The 2012 financial result structure is a postive working captial of
239.386.851 euro, which is
in agreement with 7 % of the total assets of the company.
The working capital has diminished with -36.79 % compared to previous
year. The ratio, with
respect to the total assets of the company has however, declined.
The deterioration between 2011 and 2012 has mainly been caused by an
increase of the
current liabilities.
The current ratio of the company in 2012 was 1.15. When the current
ratio is below 1.5, the
company may have problems meeting its short-term obligations.
The quick ratio in 2012 of the company was 0.56. A company with a Quick Ratio of less than
1 cannot currently pay back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The financial statements
shown in the report relate to the consolidated financial statements of the
group.
Type of annual account Consolidated
Annual account Huntsman
Investments (Netherlands) B.V.
Merseyweg 10
3197KG Botlek Rotterdam
Netherlands
Registration number: 242930540000
Balance
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Intangible fixed assets |
58.708.580 |
63.627.409 |
72.170.182 |
41.743.634 |
42.430.226 |
|
Tangible fixed assets |
1.219.300.299 |
1.239.476.321 |
1.126.925.563 |
1.004.080.754 |
708.365.764 |
|
Financial fixed assets |
293.631.361 |
222.919.517 |
278.690.777 |
261.783.534 |
117.124.083 |
|
Fixed assets |
1.571.640.240 |
1.526.023.247 |
1.477.786.522 |
1.307.607.923 |
867.920.073 |
|
Total stock |
832.911.340 |
919.044.295 |
789.742.631 |
731.690.580 |
370.185.932 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Accounts receivable |
406.310.648 |
455.565.425 |
415.925.492 |
531.047.816 |
281.716.569 |
|
Other receivables |
335.508.674 |
299.488.415 |
269.766.594 |
207.587.944 |
176.421.581 |
|
Total receivables |
741.819.321 |
755.053.839 |
685.692.087 |
738.635.760 |
458.138.150 |
|
Liquid funds |
139.171.202 |
127.027.441 |
128.698.507 |
211.865.008 |
56.745.785 |
|
Current assets |
1.713.901.863 |
1.801.125.576 |
1.604.133.225 |
1.682.191.349 |
885.069.867 |
|
Total assets |
3.285.542.103 |
3.327.148.823 |
3.081.919.747 |
2.989.799.271 |
1.752.989.940 |
|
|
|||||
|
Minority interests |
87.941.413 |
74.445.205 |
50.315.325 |
23.455.035 |
12.587.807 |
|
Total equity |
796.533.266 |
785.103.863 |
975.430.085 |
846.367.204 |
410.573.260 |
|
|
|||||
|
Provisions |
296.068.458 |
399.132.196 |
315.089.262 |
242.446.239 |
110.583.754 |
|
Long term interest yielding debt |
250.615.625 |
506.728.834 |
515.674.313 |
437.407.196 |
387.422.495 |
|
Long term liabilities |
250.615.625 |
506.728.834 |
515.674.313 |
437.407.196 |
387.422.495 |
|
Accounts payable |
374.018.572 |
365.582.096 |
322.821.699 |
291.467.913 |
171.441.019 |
|
Other short term liabilities |
1.480.364.768 |
1.196.156.629 |
902.589.063 |
1.148.655.685 |
660.381.604 |
|
Short term liabilities |
1.854.383.340 |
1.561.738.725 |
1.225.410.761 |
1.440.123.598 |
831.822.623 |
|
Total short and long term liabilities |
2.401.067.424 |
2.467.599.755 |
2.056.174.336 |
2.119.977.032 |
1.329.828.873 |
|
Total liabilities |
3.285.542.103 |
3.327.148.823 |
3.081.919.747 |
2.989.799.271 |
1.752.989.940 |
Summary
The total assets of the company decreased
with -1.25 % between 2012 and 2013.
Despite the total assets decrease, non current assets grew with 2.99 %.
The asset reduction is in contrast with the equity growth of 1.46 %. Due
to this the total debt
decreased with -2.7 %.
In 2013 the assets of the company were 47.84 % composed of fixed assets
and 52.16 % by
current assets. The assets are being financed by an equity of 24.24 %,
and total debt of
75.76 %.
The total assets of the company increased with 7.96 % between 2011 and
2012.
The fixed asset growth of 3.26 % is lower than the total asset growth.
Asset growth is in contrasts with the net worth decline of -19.51 %. The
company's
indebtedness has, therefore, increased with 20.01 %.
In 2012 the assets of the company were 45.87 % composed of fixed assets
and 54.13 % by
current assets. The assets are being financed by an equity of 23.6 %,
and total debt of 76.4
%.
Profit
and loss
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Revenues |
4.593.606.091 |
4.736.564.517 |
4.836.763.225 |
3.017.167.094 |
2.461.353.622 |
|
Net turnover |
4.593.606.091 |
4.736.564.517 |
4.836.763.225 |
3.017.167.094 |
2.461.353.622 |
|
Gross margin |
528.934.826 |
535.586.649 |
662.053.475 |
388.333.161 |
192.251.093 |
|
Wages and salaries |
|
|
534.804.848 |
|
|
|
Amorization and depreciation |
5.046.045 |
147.449.604 |
5.335.806 |
115.867.440 |
2.848.812 |
|
Sales |
4.064.671.265 |
4.200.977.867 |
4.174.709.750 |
2.628.833.933 |
2.269.102.529 |
|
other operating costs |
525.543.484 |
379.308.790 |
44.252.260 |
178.245.401 |
261.766.553 |
|
Operating expenses |
4.595.260.794 |
4.727.736.261 |
4.759.102.665 |
2.922.946.774 |
2.533.717.894 |
|
Result in subsidiaries |
5.605.830 |
5.520.691 |
10.928.974 |
7.173.320 |
5.116.617 |
|
Operating result |
-1.654.702 |
8.828.256 |
77.660.560 |
94.220.320 |
-72.364.273 |
|
Financial income |
5.559.423 |
669.244 |
751.990 |
3.818.540 |
1.981.118 |
|
Financial expenses |
22.155.754 |
35.352.434 |
22.661.720 |
34.616.691 |
34.685.538 |
|
Financial result |
-16.596.331 |
-34.683.191 |
-21.909.730 |
-30.798.151 |
-32.704.420 |
|
Result on ordinary operations before taxes |
-12.645.204 |
-20.334.244 |
66.679.805 |
70.595.489 |
-99.952.076 |
|
Taxation on the result of ordinary activities |
-25.542.021 |
11.228.589 |
17.492.851 |
16.903.303 |
-1.659.725 |
|
Result of ordinary activities after taxes |
12.896.817 |
-31.562.833 |
49.186.954 |
53.692.186 |
-98.292.351 |
|
Extraordinary expense |
|
|
39.493.005 |
|
|
|
Extraordinary result after taxation |
|
|
-39.493.005 |
|
|
|
Net result |
5.468.784 |
-42.925.574 |
7.273.360 |
52.914.266 |
-94.586.258 |
|
Attributable to third parties |
7.428.033 |
11.362.741 |
2.420.589 |
777.920 |
-3.706.094 |
Summary
The turnover of the company decreased by
-3.02 % between 2012 and 2013.
The gross profit of the company decreased by -1.24 % between 2012 and
2013.
The operating result of the company declined with -118.74 % between 2012
and 2013. This
evolution implies an decrease of the company's economic profitability.
The result of these changes is an increase of the company's Economic
Profitability of 37.7 %
of the analysed period, being equal to 2012 % in the year 2013.
Despite the growth the assets turnover decreased, whose index evolved
with -1.41 % to a
level of 1.4.
The Net Result of the company decreased by 112.74 % between 2012 and
2013.
The company's Financial Profitability has been negatively affected by
the financial activities in
comparison to the EBITs behaviour. The result of these variations is a
profitability reduction
of 38.61 % of the analysed period, being -1.59 % in the year 2013.
The company's financial structure has slowed down its financial
profitability.
The turnover of the company decreased by -2.07 % between 2011 and 2012.
The gross profit of the company decreased by -19.1 % between 2011 and
2012.
The operating result of the company declined with -88.63 % between 2011
and 2012. This
evolution implies an decrease of the company's economic profitability.
The result of these changes is a reduction of the company's Economic
Profitability of -128.24
% of the analysed period, being equal to 2011 % in the year 2012.
This fall has contributed to a asset turnover decrease, whose index
evolved from -9.55 to a
level of 1.42.
The Net Result of the company increased by -690.18 % between 2011 and
2012.
The company's Financial Profitability has been positively affected by
the financial activities in
comparison to the EBITs behaviour. The result of these variations is a
profitability increase of
-137.87 % of the analysed period, being -2.59 % in the year 2012.
The company's financial profitability has been positively affected by
its financial structure.
Analysis
Branch (SBI) MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS (20)
Region Groot Rotterdam
In the Netherlands
1365 of the companies are registered with the SBI code 20
In the region Groot
Rotterdam 99 of the companies are registered with the SBI code 20
In the Netherlands 17
of the bankrupcties are published within this sector
In the region Groot Rotterdam
2 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 Groot Rotterdam is normal
Publications
Consent statements 06-01-2015:
Voor boekjaar 2014 is een instemmingsverklaring gedeponeerd.
07-01-2013: Voor boekjaar 2011 is een
instemmingsverklaring gedeponeerd.
07-01-2013: Voor boekjaar 2012 is een
instemmingsverklaring gedeponeerd.
Functions 04-07-2014:
Per 12-03-2014 is commissaris Steen Weien Hansen in functie getreden.
04-07-2014: Per 12-03-2014 is commissaris
Nicholas Andrew Webster uit functie getreden.
23-07-2012: Per 01-10-2011 is gevolmachtigde
Willem Pieter Aart Kok in functie getreden.
04-01-2012: Per 01-10-2011 is gevolmachtigde
Martin Raymond Janssen in functie getreden.
01-11-2011: Per 01-11-2011 is gevolmachtigde
Michael George Fowles uit functie getreden.
27-10-2011: Per 01-10-2011 is gevolmachtigde
Annigje Jantina van Gelder-van der Vaart in functie getreden.
21-10-2011: Per 01-10-2011 is gevolmachtigde
Catharina Magdalena Maria van Kleef-Fennis in functie getreden.
25-05-2011: Per
01-05-2011 is gevolmachtigde Klazina Leentje Maria van Veen-
Hoogenboom in functie getreden.
Company
structure
Relations 15
Huntsman
(Holdings) Netherlands B.V.
Merseyweg
10
3197KG
Botlek Rotterdam
Netherlands
Registration
number: 513417860000
•
Huntsman Investments (Netherlands) B.V.
Merseyweg
10
3197KG
Botlek Rotterdam
Netherlands
Registration
number: 242930540000
•
Huntsman Holland B.V.
Merseyweg
10
3197KG
Botlek Rotterdam
Netherlands
Registration
number: 240708910001
•
Huntsman Holland Iota B.V.
Merseyweg
10
3197KG
BOTLEK ROTTERDAM
Netherlands
Registration
number: 241807010000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.33 |
|
|
1 |
Rs.92.53 |
|
Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.