|
Report No. : |
318152 |
|
Report Date : |
20.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
CHEMITEX SA |
|
|
|
|
Registered Office : |
Avenue Louise 221-Bus 4 1050 Bruxelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
04.12.1970 |
|
|
|
|
Com. Reg. No.: |
407685456 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale of household textiles and bedding |
|
|
|
|
No. of Employees : |
27 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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) |
|
Belgium |
A2 |
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 shifts in foreign demand, particularly in Belgium’s EU trade partners. Roughly three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the government maintained the budget deficit below the euro-zone threshold of 3% of GDP for a second year in a row. Prime Minister Charles MICHEL’s center-right government has pledged to further reduce the deficit in response to EU pressure to reduce Belgium’s high public debt, which remains above 100% of GDP, but such efforts could also dampen economic growth. In addition to restrained public spending, low wage growth and high unemployment promise to curtail a more robust recovery in private consumption. The government has pledged to pursue an reform program to improve Belgium’s competitiveness, including changes to tax policy, labor market rules, and welfare benefits. These changes risk worsening tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
Business number 407685456
Branche Unit Number 2005523597
Company name CHEMITEX SA
Address AVENUE LOUISE 221-BUS 4
1050 BRUXELLES
Number of staff 27
Date of establishment 04/12/1970
Telephone number 026492118
Fax number 026409818
|
Company name |
Company Number |
|
K Finance Coordination & Services SA |
448586002 |
|
The business was established over 44 years ago. |
|
The business has 27 employees. |
|
The business is part of a group. |
|
The business has been at the address for over 19 years. |
|
The business saw an increase in their Cash Balance of 27% during the latest trading period. |
|
DATE OF LATEST
ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
188,456,935 |
13,927,518 |
139,681,211 |
139,845,057 |
|
31/12/2012 |
173,661,802 |
13,701,375 |
138,150,077 |
138,254,088 |
|
31/12/2011 |
184,474,523 |
16,430,302 |
127,821,208 |
127,880,306 |
Accounts
|
DATE OF LATEST
ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
206,676,043 |
27 |
1,250,000 |
10,689,113 |
|
31/12/2012 |
216,548,801 |
28 |
1,250,000 |
10,485,424 |
|
31/12/2011 |
204,534,051 |
27 |
1,250,000 |
12,266,006 |
Past Payments Payment expectation days 49.77
Industry average payment 84.32 expectation days
Day sales outstanding 91.37 Industry average day sales 91.50
outstanding
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business number |
407685456 |
Company name |
CHEMITEX SA |
|
Fax number |
026409818 |
Date founded |
04/12/1970 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2013 |
|
Activity code |
46412 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of household textiles and bedding |
VAT Number |
number |
|
Belgian Bullettin of Acts Publications |
|
|
Contractor details
Registered contractor number -
Contractor description -
Date struck off register -
Personnel (NSSO
classification)
Code –
Description -
Joint Industrial Committee (JIC)
JIC Code 100
Description Additional joint committee for labourers
Category
JIC Code 226
Description JC employees international trade, transport & related activities
Category
Significant Events
Event Date 23/12/2014
Event Description
Event Details Sous condition de l'exercice des warrants à créer selon la résolution prise ci-dessus, l'assemblée décide de l'émission de 1450 actions ordinaires.
Assets
|
Annual accounts |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
% |
31-12-2009 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
|
|
|
|
|
|
|
|
|
|
|
Total fixed assets |
1,061,148 |
-5.34 |
1,120,982 |
-3.85 |
1,165,896 |
-0.78 |
1,175,049 |
-8.85 |
1,289,112 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
Tangible fixed assets |
996,396 |
18.72 |
839,271 |
3.27 |
867,602 |
-9.92 |
963,184 |
-11.10 |
1,083,428 |
|
Land & building |
454,050 |
-4.10 |
473,447 |
-2.73 |
486,710 |
8.78 |
447,444 |
-3.46 |
463,491 |
|
Plant & machinery |
209,891 |
46.23 |
143,532 |
-20.98 |
181,636 |
-34.78 |
278,517 |
-23.60 |
364,571 |
|
Furniture & Vehicles |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Leasing & Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
-1 |
|
Financial fixed assets |
64,752 |
-77.01 |
281,712 |
-5.56 |
298,294 |
40.79 |
211,864 |
3.00 |
205,684 |
|
Total current assets |
205,614,895 |
-4.56 |
215,427,819 |
5.93 |
203,368,155 |
-3.03 |
209,722,285 |
27.91 |
163,960,396 |
|
Inventories |
44,937,034 |
-6.62 |
48,121,180 |
32.92 |
36,202,683 |
-14.86 |
42,522,815 |
43.25 |
29,684,442 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
44,937,034 |
-6.62 |
48,121,180 |
32.92 |
36,202,683 |
-14.86 |
42,522,815 |
43.25 |
29,684,442 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
Trade debtors |
47,178,438 |
2.20 |
46,164,307 |
14.98 |
40,148,666 |
-26.13 |
54,352,474 |
80.11 |
30,177,237 |
|
Other amounts receivable |
37,810,569 |
5.68 |
35,778,733 |
40.14 |
25,530,465 |
403 |
5,066,982 |
-18.46 |
6,214,177 |
|
Cash |
7,738,538 |
27.16 |
6,085,599 |
155 |
2,378,278 |
-85.42 |
16,316,189 |
18.31 |
13,791,333 |
|
Miscellaneous current assets |
67,250,316 |
-13.98 |
78,178,000 |
-20.23 |
98,008,063 |
8.46 |
90,363,825 |
7.46 |
84,093,207 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
206,676,043 |
-4.56 |
216,548,801 |
5.87 |
204,534,051 |
-3.02 |
210,897,334 |
27.62 |
165,249,508 |
Liabilities
|
Total shareholders equity |
139,681,211 |
1.11 |
1.11 138,150,077 |
8.08 |
127,821,208 |
7.62 |
118,768,733 |
12.20 |
105,854,797 |
|
|
|
|
|
|
|
|
|
|
|
|
Issued share capital |
1,250,000 |
0 |
1,250,000 |
0 |
1,250,000 |
0 |
1,250,000 |
0 |
1,250,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Reserves |
138,431,211 |
1.12 |
136,900,077 |
8.16 |
126,571,208 |
7.70 |
117,518,733 |
12.35 |
104,604,797 |
|
|
|
|
|
|
|
|
|
|
|
|
Provisions for Liabilities & Charges |
1,224,994 |
0 |
1,224,994 |
0 |
1,224,994 |
0 |
1,224,994 |
-25.24 |
1,638,625 |
|
|
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Creditors |
65,769,838 |
-14.78 |
77,173,731 |
2.23 |
75,487,850 |
-16.96 |
90,903,608 |
57.39 |
57,756,085 |
|
Other long term loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
1 |
|
Total long term debts |
1,224,994 |
0 |
1,224,994 |
0 |
1,224,994 |
0 |
1,224,994 |
-25.24 |
1,638,626 |
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long term debt |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Financial debts |
39,613,800 |
-3.81 |
41,183,444 |
-15.86 |
48,943,876 |
-24.25 |
64,609,440 |
82.32 |
35,436,927 |
|
Trade creditors |
23,912,176 |
-29.26 |
33,804,998 |
55.14 |
21,789,784 |
-9.70 |
24,130,705 |
18.41 |
20,379,670 |
|
Amounts Payable for Taxes, Remuneration & Social Security |
1,860,102 |
2.62 |
1,812,689 |
16.10 |
1,561,261 |
-15.67 |
1,851,279 |
7.40 |
1,723,773 |
|
|
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
383,760 |
2.99 |
372,600 |
-88.33 |
3,192,930 |
922 |
312,184 |
44.72 |
215,715 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
65,769,838 |
-14.78 |
77,173,731 |
2.23 |
75,487,850 |
-16.96 |
90,903,608 |
57.39 |
57,756,085 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
206,676,043 |
-4.56 |
216,548,801 |
5.87 |
204,534,051 |
-3.02 |
210,897,334 |
27.62 |
165,249,508 |
|
|
|
|
|
|
|
|
|
|
|
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
7.39 |
-6.34 |
7.89 |
-11.45 |
8.91 |
-3.26 |
9.21 |
-1.92 |
9.39 |
|
Return on capital employed |
9.88 |
0.51 |
9.83 |
-22.78 |
12.73 |
-11.17 |
14.33 |
42.30 |
10.07 |
|
|
|
|
|
|
|
|
|
|
|
|
Return on total assets employed |
6.74 |
6.48 |
6.33 |
-21.17 |
8.03 |
-1.47 |
8.15 |
24.43 |
6.55 |
|
|
|
|
|
|
|
|
|
|
|
|
Return on net assets |
9.97 |
0.50 |
9.92 |
-22.80 |
12.85 |
-11.26 |
14.48 |
41.68 |
10.22 |
|
|
|
|
|
|
|
|
|
|
|
|
Sales / net working capital |
1.35 |
7.14 |
1.26 |
-12.50 |
1.44 |
-8.28 |
1.57 |
44.04 |
1.09 |
|
|
|
|
|
|
|
|
|
|
|
|
Stock turnover ratio |
23.84 |
-13.97 |
27.71 |
41.23 |
19.62 |
-13.83 |
22.77 |
-11.57 |
25.75 |
|
Creditor days |
49.77 |
-35.59 |
77.27 |
64.86 |
46.87 |
-10.28 |
52.24 |
-23.46 |
68.25 |
|
Debtor days |
91.37 |
-5.83 |
97.03 |
22.14 |
79.44 |
-25.21 |
106.22 |
11.17 |
95.55 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Cashflow |
10,689,113 |
1.94 |
10,485,424 |
-14.52 |
12,266,006 |
-6.76 |
13,155,267 |
52.43 |
8,630,307 |
|
|
|
|
|
|
|
|
|
|
|
|
Net worth |
139,681,211 |
1.11 |
138,150,077 |
8.08 |
127,821,208 |
7.62 |
118,768,733 |
12.20 |
105,854,797 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
28.36 |
-4.86 |
29.81 |
-22.15 |
38.29 |
-29.61 |
54.40 |
62.49 |
33.48 |
|
|
|
|
|
|
|
|
|
|
|
|
Equity in percentage |
67.58 |
5.92 |
63.80 |
2.10 |
62.49 |
10.96 |
56.32 |
-12.08 |
64.06 |
|
|
|
|
|
|
|
|
|
|
|
|
Total debt ratio |
0.48 |
-15.79 |
0.57 |
-5.00 |
0.60 |
-23.08 |
0.78 |
39.29 |
0.56 |
|
|
|
|
|
|
|
|
|
|
|
|
Working capital |
139,845,057 |
1.15 |
138,254,088 |
8.11 |
127,880,306 |
7.63 |
118,818,678 |
11.88 |
106,204,311 |
|
|
|
|
|
|
|
|
|
|
|
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Income |
188,738,962 |
8.57 |
173,834,473 |
-5.90 |
184,725,700 |
-1.18 |
186,924,107 |
61.83 |
115,508,993 |
|
Turnover |
188,456,935 |
8.52 |
173,661,802 |
-5.86 |
184,474,523 |
-1.23 |
186,763,148 |
62.01 |
115,281,308 |
|
Total operating expenses |
175,354,976 |
9.81 |
159,685,451 |
-5.90 |
169,702,871 |
0.65 |
168,603,494 |
54.69 |
108,993,712 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
175,637,003 |
9.87 |
159,858,122 |
-5.94 |
169,954,048 |
0.70 |
168,764,453 |
54.52 |
109,221,397 |
|
Employee costs |
2,617,715 |
-0.16 |
2,621,864 |
-3.08 |
2,705,281 |
-0.09 |
2,707,801 |
3.66 |
2,612,314 |
|
Wages and salary |
1,983,017 |
0.31 |
1,976,834 |
-3.54 |
2,049,390 |
0.60 |
2,037,143 |
0.70 |
2,022,914 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security |
474,386 |
-0.08 |
474,749 |
-6.07 |
505,431 |
-1.18 |
511,480 |
-0.65 |
514,848 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
160,312 |
-5.85 |
170,281 |
13.17 |
150,460 |
-5.48 |
159,178 |
113 |
74,552 |
|
Director remuneration |
420,000 |
1.94 |
412,000 |
-33.68 |
621,250 |
1.35 |
613,000 |
0 |
613,000 |
|
Amortization and |
157,978 |
0.91 |
156,555 |
-26.68 |
213,531 |
-11.52 |
241,331 |
-12.07 |
274,474 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
13,101,958 |
-6.26 |
13,976,351 |
-5.38 |
14,771,652 |
-18.66 |
18,159,654 |
188 |
6,287,596 |
|
Total financial income |
7,927,011 |
28.85 |
6,151,999 |
-42.49 |
10,697,289 |
185 |
3,743,815 |
-46.36 |
6,979,378 |
|
|
|
|
|
|
|
|
|
|
|
|
Total financial expenses |
7,101,452 |
10.49 |
6,426,975 |
-28.89 |
9,038,639 |
91.84 |
4,711,545 |
92.57 |
2,446,722 |
|
|
|
|
|
|
|
|
|
|
|
|
Results on ordinary operations before taxation |
13,927,518 |
1.65 |
13,701,375 |
-16.61 |
16,430,302 |
-4.43 |
17,191,925 |
58.89 |
10,820,252 |
|
|
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
16,341 |
-92.12 |
207,421 |
1865 |
10,555 |
-64.59 |
29,813 |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Extraordinary Charges |
978 |
- |
- |
- |
805 |
-46.30 |
1,499 |
867 |
155 |
|
|
|
|
|
|
|
|
|
|
|
|
Extraordinary items |
15,362 |
-92.59 |
207,421 |
2027 |
9,750 |
-65.56 |
28,314 |
18266 |
-155 |
|
|
|
|
|
|
|
|
|
|
|
|
Results for the Year Before Taxation |
13,942,881 |
0.25 |
13,908,796 |
-15.40 |
16,440,052 |
-4.53 |
17,220,239 |
59.15 |
10,820,097 |
|
|
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Taxation |
3,411,746 |
-4.70 |
3,579,927 |
-18.41 |
4,387,577 |
1.89 |
4,306,303 |
74.75 |
2,464,265 |
|
|
|
|
|
|
|
|
|
|
|
|
Results on ordinary operations after taxation |
10,515,772 |
3.90 |
10,121,448 |
-15.95 |
12,042,725 |
-6.54 |
12,885,622 |
|
8,355,987 |
|
|
|
|
|
|
|
|
|
|
|
|
Net result |
10,531,135 |
1.96 |
10,328,869 |
-14.30 |
12,052,475 |
-6.67 |
12,913,936 |
54.55 |
8,355,833 |
|
|
|
|
|
|
|
|
|
|
|
|
Profit (Loss) for the Year to be appropiated |
10,531,135 |
1.96 |
10,328,869 |
-14.30 |
12,052,475 |
-6.67 |
12,913,936 |
54.55 |
8,355,833 |
|
|
|
|
|
|
|
|
|
|
|
|
Dividends |
9,000,000 |
- |
- |
- |
3,000,000 |
- |
- |
- |
- |
|
Social Balance
Sheet |
Total |
|
During the
reporting year ended 31-12-2013 |
|
|
Full-time Employees |
25 |
|
Part-time Employees |
5 |
|
Total Fte Employees |
28 |
|
|
|
|
Number of hours
worked |
|
|
Full-time Employees |
38,445 |
|
Part-time Employees |
5,240 |
|
Total |
43,685 |
|
|
|
|
Personnel Charges |
|
|
Full-time Employees |
2,366,013 |
|
Part-time Employees |
251,702 |
|
Total |
2,617,715 |
|
Benefits In
Addition To Wages |
38,212 |
|
|
|
|
During the previous
reporting year |
|
|
|
|
|
Average number
employees in Fte |
28 |
|
Actual working
hours |
45,403 |
|
Personnel Charges |
2,621,864 |
|
Benefits In
Addition To Wages |
39,640 |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
24 |
4 |
27 |
|
Limited Duration |
- |
- |
- |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
|
Gender and
Education Level |
|
|
|
|
|
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy |
- |
- |
- |
|
Higher education (non university) |
5 |
- |
5 |
|
Higher education (university) |
3 |
- |
3 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
|
|
|
|
|
Primary education |
- |
- |
- |
|
Secondairy education |
7 |
3 |
9 |
|
Higher education (non university) |
7 |
1 |
8 |
|
Higher education (university) |
2 |
- |
2 |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
24 |
3 |
27 |
|
Blue collar worker |
- |
1 |
1 |
|
Other |
- |
- |
- |
|
Temporary personnel |
Total |
|
Average number of
temporary staff |
1 |
|
Actual working
hours |
1,673 |
|
Cost of temporary
staff |
80,733 |
|
New staff and
leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
14 |
3 |
14 |
|
Leavers |
14 |
4 |
15 |
|
Total of
formal continuing vocational training initiatives for workers paid by the
employer |
Male |
Female |
|
Number of employees |
5 |
7 |
|
Number of training hours |
53 |
42 |
|
Net costs for enterprise |
14,034 |
6,810 |
|
|
|
|
|
Total of
less formal and informal continuing vocational training initiatives for
workers paid by the employer |
Male |
Female |
|
Number of employees |
11 |
16 |
|
Number of training hours |
36 |
48 |
|
Net costs for enterprise |
1,549 |
1,668 |
|
|
|
|
|
Total of initial
training initiatives at the expense of the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
Industry comparison
|
Activity code |
46412 |
|
Activity description |
Wholesale of household textiles and bedding |
|
industry average credit rating |
61.57 |
|
Industry average credit limit |
23939.40 |
Payment
Information Summary
|
Total number of Invoices available |
17 |
|
Total number of Invoices paid within or up to 30 days after the due date |
10 |
|
Total number of Invoices paid more than 30 days after the due date |
2 |
|
Total number of Invoices currently outstanding where the due date has not yet been reached |
5 |
|
Total number of Invoices currently outstanding beyond the due date |
0 |
Suspension of
payments / moratorium history
|
Amount |
- |
|
Details |
- |
|
Payment
expectations |
|
|
Payment expectation days |
49.77 |
|
Day sales outstanding |
91.37 |
|
Industry comparison |
|
|
Activity code |
46412 |
|
Activity description |
Wholesale of household textiles and bedding |
|
Industry average payment expectation days |
84.32 |
|
Industry average day sales outstanding |
91.50 |
Industry quartile
analysis
|
Payment
expectations |
|
|
Company result |
49.77 |
|
Lower |
86.31 |
|
Median |
48.73 |
|
Upper |
19.11 |
|
Day sales
outstanding |
|
|
Company result |
91.37 |
|
Lower |
99.49 |
|
Median |
41.84 |
|
Upper |
16.61 |
Summary
Group - Number of Companies 5
Linkages - Number of Companies 0
Number of Countries 0
Group Structure
Company name Number Latest financials
- K FINANCE COORDINATION & SERVICES SA 448586002 31-12-2013
- - ADMIRO SA 412443010 31-12-2013
- - CHEMITEX SA 407685456 31-12-2013
- - - K HOLDING SA 438632812 31-12-2005
- - CHEMITEX UK SOC.ETR. E.P.B.
Minority
Shareholders
No minority shareholders found
Minority
Interests
No minority interests found
Summary
Group - Number of Companies 5
Linkages - Number of Companies 0
Number of Countries 0
There is no data for this company
There is no data for this company
Current director
details
|
Name |
|
|
Position |
Managing Director |
|
Start Date |
20/08/2008 |
|
Date of birth |
28/02/1948 |
|
Street |
17 AVENUE DES CHRYSANTHEMES RHODE-SAINT-GENESE |
|
Post code |
1640 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
12/10/2007 |
|
Date of birth |
28/02/1948 |
|
Street |
17 AVENUE DES CHRYSANTHEMES RHODE-SAINT-GENESE |
|
Post code |
1640 |
|
Country |
Belgium |
|
|
|
|
Name |
|
|
Position |
Managing Director |
|
Start Date |
25/08/2008 |
|
Date of birth |
15/02/1940 |
|
Street |
52 AVENUE DU GUI BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
25/08/2008 |
|
Date of birth |
15/02/1940 |
|
Street |
52 AVENUE DU GUI BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Name |
|
|
Position |
Managing Director |
|
Start Date |
12/10/2007 |
|
Date of birth |
29/01/1944 |
|
Street |
59 AVENUE KLEBER |
|
Post code |
75016 |
|
Country |
France |
Former director
details
Name K FINANCE COORDINATION & SERVICE SA
Position Director
Start Date 29/05/2009
End Date 23/05/2013
Date of birth 04/11/1992
Street 221 AVENUE LOUISE BRUXELLES
Post code 1050
Country Belgium
Position Director
Start Date 30/11/2007
End Date 23/05/2013
Date of birth 05/10/1972
Street 5 RUE JOSEPH STALLAERT BRUXELLES
Post code 1050
Country Belgium
Position Director
Start Date 30/11/2007
End Date 23/05/2013
Date of birth 22/08/1972
Street 21 RUE JEAN-BAPTISTE MEUNIER BRUXELLES
Post code 1050
Country Belgium
Name IGAL ISAK KANDIYOTI
Position Director
Start Date 30/11/2007
End Date 23/05/2013
Date of birth Street 01/08/1970
Post 30 AVENUE DE LA PETITE ESPINETTE BRUXELLES
code 1180
Country Belgium
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.93.10 |
|
Euro |
1 |
Rs.67.13 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
VNT |
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.