|
Report No. : |
319682 |
|
Report Date : |
29.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
PARAS GEMS NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 2-918 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.11.1982 |
|
|
|
|
Com. Reg. No.: |
424588695 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale
of diamonds and other precious stones |
|
|
|
|
No. of Employees : |
1 |
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 : |
No Complaints |
|
|
|
|
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 |
424588695 |
|
Branche Unit Number |
2023043678 |
|
Company name |
PARAS GEMS NV |
|
Address |
HOVENIERSSTRAAT 2-918 |
|
|
2018 ANTWERPEN |
|
Number of staff |
1 |
|
Date of establishment |
03/11/1982 |
|
Telephone number |
032268854 |
|
Fax number |
|
|
Company name |
Company Number |
|
Paras Gems NV |
424588695 |
The business was established over 32 years ago.
The business has 1 employees.
The business is part of a group.
This business has a foreign parent business.
The business has been at the address for over 25 years.
The business has changed address 1 times in the last year.
Pre-tax profits decreased by 52% compared to the previous trading period.
The business saw an increase in their Cash Balance of 9387% during the latest trading period.
Turnover in the latest trading period increased 21% on the previous trading period.
Accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
57,722,077 |
54,640 |
3,383,425 |
3,701,268 |
|
31/12/2012 |
47,353,328 |
114,445 |
3,329,813 |
3,680,301 |
|
31/12/2011 |
67,633,605 |
263,716 |
3,220,100 |
3,633,763 |
Accounts
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
24,183,803 |
1 |
1,936,000 |
94,882 |
|
31/12/2012 |
20,131,154 |
1 |
1,936,000 |
147,677 |
|
31/12/2011 |
24,153,019 |
1 |
1,936,000 |
233,160 |
Payment expectations
|
Past payments |
|
Payment expectation days |
74.31 |
|
Industry average payment |
126.70 |
Industry average day
sales |
185.83 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
97.54 |
|
|
Court data summary
BANKRUPTCY
DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons –
|
Business number |
424588695 |
Company name |
PARAS GEMS NV |
|
Fax number |
|
Date founded |
03/11/1982 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2013 |
|
Activity code |
46761 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of diamonds and other precious
stones |
VAT Number |
BE.0424.588.695 Check VAT number |
|
Belgian Bullettin of
Acts Publications |
moniteur belge |
|
|
Contractor details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
|
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
|
|
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
218 |
|
Description |
Additional national joint committee for
the employees |
|
category |
|
|
JIC Code |
324 |
|
Description |
Joint committee for the industry and
the trade in diamant |
|
category |
|
|
|
|
|
Significant Events |
|
|
Event Date |
02/06/2012 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 02-06-2012: Herbenoemd als bestuurders voor een nieuwe duur van 6 jaar: Shreyash Popatlal Shah (tevens gedelegeerd bestuurder en voorzitter van de Raad van Bestuur), Bhankharia Nainesh en Shreyash Kothari Nutan. |
|
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 |
629,403 |
-5.70 |
667,437 |
8.00 |
618,013 |
3.98 |
594,367 |
512 |
97,092 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
629,031 |
-5.70 |
667,066 |
8.00 |
617,641 |
587 |
89,784 |
-7.17 |
96,720 |
|
Land & building |
561,780 |
-2.99 |
579,087 |
-2.90 |
596,395 |
853 |
62,520 |
-4.94 |
65,772 |
|
Plant & machinery |
27,417 |
-15.59 |
32,479 |
473 |
5,665 |
-33.26 |
8,488 |
92.35 |
4,413 |
|
Furniture & Vehicles |
39,835 |
-28.22 |
55,499 |
256 |
15,581 |
-17.01 |
18,775 |
-29.24 |
26,536 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
372 |
0 |
372 |
0 |
372 |
-99 |
504,583 |
135595 |
372 |
|
Total current assets |
23,554,400 |
21.02 |
19,463,716 |
-17.30 |
23,535,006 |
13.89 |
20,664,529 |
60.42 |
12,881,199 |
|
Inventories |
4,245,747 |
-16.25 |
5,069,481 |
33.78 |
3,789,400 |
20.17 |
3,153,245 |
-20.01 |
3,942,206 |
|
Raw materials & consumables |
- |
- |
- |
- |
1,598,984 |
54.61 |
1,034,173 |
-13.06 |
1,189,537 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
4,245,747 |
-16.25 |
5,069,481 |
131 |
2,190,416 |
3.37 |
2,119,072 |
-23.02 |
2,752,669 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
15,424,575 |
9.11 |
14,137,177 |
-27.17 |
19,410,598 |
28.39 |
15,118,190 |
81.12 |
8,347,149 |
|
Other amounts receivable |
268,972 |
40.64 |
191,243 |
44.77 |
132,105 |
122 |
59,406 |
-83.79 |
366,518 |
|
Cash |
3,590,989 |
9387 |
37,848 |
-79.49 |
184,565 |
-91.90 |
2,279,338 |
9261 |
24,347 |
|
Miscellaneous current assets |
24,117 |
-13.77 |
27,967 |
52.51 |
18,338 |
-66.26 |
54,350 |
14.79 |
47,349 |
|
Total Assets |
24,183,803 |
20.13 |
20,131,154 |
-16.65 |
24,153,019 |
13.61 |
21,258,896 |
63.80 |
12,978,292 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
3,383,425 |
1.61 |
3,329,813 |
3.41 |
3,220,100 |
6.81 |
3,014,831 |
4.67 |
2,880,405 |
|
Issued share capital |
1,936,000 |
0 |
1,936,000 |
0 |
1,936,000 |
0 |
1,936,000 |
0 |
1,936,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
1,447,425 |
3.85 |
1,393,813 |
8.54 |
1,284,100 |
19.03 |
1,078,831 |
14.23 |
944,405 |
|
Provisions for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
20,800,378 |
23.80 |
16,801,340 |
-19.74 |
20,932,918 |
14.74 |
18,244,065 |
80.67 |
10,097,886 |
|
Other long term loans |
947,247 |
2883 |
31,745 |
17.99 |
26,905 |
130 |
11,687 |
-38.17 |
18,903 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
-100 |
986,180 |
-1.85 |
1,004,770 |
- |
0 |
- |
0 |
|
Total long term debts |
947,247 |
-6.94 |
1,017,925 |
-1.33 |
1,031,675 |
8727 |
11,687 |
-38.17 |
18,903 |
|
Current portion of long term debt |
27,142 |
-22.61 |
35,074 |
63.87 |
21,404 |
196 |
7,216 |
-39.26 |
11,880 |
|
Financial debts |
8,084,941 |
-1.29 |
8,190,239 |
14.85 |
7,131,323 |
3.38 |
6,898,494 |
31.15 |
5,260,143 |
|
Trade creditors |
11,646,704 |
55.38 |
7,495,719 |
-40.81 |
12,664,451 |
16.07 |
10,911,327 |
129 |
4,752,036 |
|
Amounts Payable for Taxes, |
11,628 |
-27.51 |
16,041 |
-80.07 |
80,471 |
141 |
33,298 |
75.95 |
18,925 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
82,717 |
78.49 |
46,343 |
1189 |
3,594 |
-99 |
382,043 |
961 |
36,000 |
|
Total current liabilities |
19,853,131 |
25.78 |
15,783,415 |
-20.69 |
19,901,243 |
9.15 |
18,232,378 |
80.89 |
10,078,984 |
|
Total Liabilities |
24,183,803 |
20.13 |
20,131,154 |
-16.65 |
24,153,019 |
13.61 |
21,258,896 |
63.80 |
12,978,292 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.09 |
-62.50 |
0.24 |
-38.46 |
0.39 |
25.81 |
0.31 |
-49.18 |
0.61 |
|
Return on capital employed |
1.26 |
-52.09 |
2.63 |
-57.58 |
6.20 |
27.31 |
4.87 |
-24.02 |
6.41 |
|
Return on total assets employed |
0.23 |
-59.65 |
0.57 |
-47.71 |
1.09 |
57.97 |
0.69 |
-51.75 |
1.43 |
|
Return on net assets employed |
1.61 |
-53.20 |
3.44 |
-58.00 |
8.19 |
67.48 |
4.89 |
-24.19 |
6.45 |
|
Sales / net working capital |
15.60 |
21.21 |
12.87 |
-30.84 |
18.61 |
-4.32 |
19.45 |
79.10 |
10.86 |
|
Stock turnover ratio |
7.36 |
-31.28 |
10.71 |
91.25 |
5.60 |
-16.04 |
6.67 |
-48.53 |
12.96 |
|
Creditor days |
74.31 |
26.90 |
58.56 |
-15.17 |
69.03 |
-19.38 |
85.62 |
48.47 |
57.67 |
|
Debtor days |
97.54 |
-10.49 |
108.97 |
4.03 |
104.75 |
-10.20 |
116.65 |
16.50 |
100.13 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.19 |
-3.25 |
1.23 |
4.24 |
1.18 |
4.42 |
1.13 |
-11.72 |
1.28 |
|
Liquidity ratio / acid ratio |
0.97 |
6.59 |
0.91 |
-8.08 |
0.99 |
3.12 |
0.96 |
7.87 |
0.89 |
|
Current debt ratio |
5.87 |
23.84 |
4.74 |
-23.30 |
6.18 |
2.15 |
6.05 |
72.86 |
3.50 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
94,882 |
-35.75 |
147,677 |
-36.66 |
233,160 |
57.31 |
148,219 |
-21.38 |
188,533 |
|
Net worth |
3,383,425 |
1.61 |
3,329,813 |
3.41 |
3,220,100 |
6.81 |
3,014,831 |
4.67 |
2,880,405 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
267.76 |
7.98 |
247.97 |
11.22 |
222.96 |
-2.83 |
229.45 |
24.91 |
183.69 |
|
Equity in percentage |
13.99 |
-15.42 |
16.54 |
24.08 |
13.33 |
-5.99 |
14.18 |
-36.10 |
22.19 |
|
Total debt ratio |
6.15 |
21.78 |
5.05 |
-22.31 |
6.50 |
7.44 |
6.05 |
72.36 |
3.51 |
|
Working capital |
3,701,268 |
0.57 |
3,680,301 |
1.28 |
3,633,763 |
49.41 |
2,432,152 |
-13.21 |
2,802,216 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
57,729,400 |
21.90 |
47,359,578 |
-29.98 |
67,634,120 |
42.97 |
47,307,573 |
55.48 |
30,427,066 |
|
Turnover |
57,722,077 |
21.90 |
47,353,328 |
-29.99 |
67,633,605 |
42.97 |
47,307,004 |
55.48 |
30,427,066 |
|
Total operating expenses |
57,209,881 |
22.45 |
46,719,618 |
-30.24 |
66,967,405 |
43.96 |
46,516,762 |
54.66 |
30,077,449 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
57,217,204 |
22.45 |
46,725,868 |
-30.23 |
66,967,920 |
43.96 |
46,517,331 |
54.66 |
30,077,449 |
|
Employee costs |
73,418 |
13.22 |
64,846 |
3.83 |
62,452 |
-0.08 |
62,500 |
22.01 |
51,225 |
|
Wages and salary |
61,175 |
15.05 |
53,173 |
3.27 |
51,490 |
3.29 |
49,848 |
16.51 |
42,784 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
11,432 |
0.34 |
11,393 |
9.42 |
10,413 |
-4.14 |
10,863 |
29.70 |
8,375 |
|
Other employee costs |
812 |
189 |
280 |
-48.98 |
549 |
-69.30 |
1,789 |
2602 |
66 |
|
Director remuneration |
68,722 |
0 |
68,722 |
0 |
68,722 |
110 |
32,722 |
-47.62 |
62,469 |
|
Amortization and depreciation |
41,271 |
8.71 |
37,964 |
36.11 |
27,891 |
102 |
13,793 |
-6.68 |
14,780 |
|
Operating result |
512,196 |
-19.17 |
633,710 |
-4.88 |
666,200 |
-15.70 |
790,242 |
126 |
349,617 |
|
Total financial income |
19,138 |
-97.37 |
728,004 |
-69.74 |
2,405,679 |
36.78 |
1,758,767 |
54.43 |
1,138,872 |
|
Total financial expenses |
476,694 |
-61.78 |
1,247,269 |
-55.58 |
2,808,163 |
16.93 |
2,401,583 |
84.35 |
1,302,735 |
|
Taxation |
3,018 |
-57.68 |
7,132 |
-87.80 |
58,447 |
349 |
13,000 |
8.33 |
12,000 |
|
Results on ordinary operations after taxation |
51,622 |
-51.90 |
107,313 |
-47.72 |
205,269 |
52.70 |
134,426 |
-22.63 |
173,753 |
|
Net result |
53,611 |
-51.13 |
109,713 |
-46.55 |
205,269 |
52.70 |
134,426 |
-22.63 |
173,753 |
|
Profit (Loss) for the Year to be appropiated |
53,611 |
-51.13 |
109,713 |
-46.55 |
205,269 |
52.70 |
134,426 |
-22.63 |
173,753 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social Balance Sheet
Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2013 |
|
|
|
|
Full-time Employees |
|
1 |
|
|
Part-time Employees |
|
1 |
|
|
Total Fte Employees |
|
2 |
|
|
|
|
|
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
1,748 |
|
|
Part-time Employees |
|
1,302 |
|
|
Total |
|
3,050 |
|
|
|
|
|
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
42,077 |
|
|
Part-time Employees |
|
31,341 |
|
|
Total |
|
73,418 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
2 |
|
|
Actual working hours |
|
2,554 |
|
|
Personnel Charges |
|
64,846 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
1 |
1 |
2 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
1 |
1 |
2 |
|
Secondairy
education |
- |
- |
- |
|
Higher education
(non (university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Higher
education (non (university) |
- |
- |
- |
|
Higher education
(university) |
- |
- |
- |
|
|
|
|
|
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
1 |
1 |
2 |
|
Blue
collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary personnel |
|
Total |
|
|
Average
number of temporary staff |
|
- |
|
|
Actual
working hours |
|
- |
|
|
Cost
of temporary staff |
|
- |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New
Starters |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
Total
of formal continuing vocational training
initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number
of employees |
1 |
- |
|
Number
of training hours |
2 |
- |
|
Net
costs for enterprise |
26 |
- |
|
Total
of less formal and informal continuing
vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number
of employees |
- |
- |
|
Number
of training hours |
- |
- |
|
Net costs
for enterprise |
- |
- |
|
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 |
46761 |
|
Activity description |
Wholesale of diamonds and other
precious stones |
|
industry average
credit |
64.48 |
|
rating |
|
|
Industry average
credit limit |
140177.31 |
|
Suspension
of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment
expectations |
|
|
Payment
expectation days |
74.31 |
|
Day
sales outstanding |
97.54 |
|
|
|
|
Industry
comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and other
precious stones |
|
Industry average payment |
126.70 |
|
expectation days |
185.83 |
|
Industry average day
sales outstanding |
|
Industry quartile
analysis
Payment expectations
|
Company result |
74.31 |
|
Lower |
120.34 |
|
Median |
74.61 |
|
Upper |
45.69 |
|
Day sales
outstanding |
|
|
Company result |
97.54 |
|
Lower |
101.92 |
|
Median |
54.08 |
|
Upper |
24.12 |
Summary
|
Group - Number of
Companies |
2 |
|
Linkages - Number
of Companies |
0 |
|
Number of Countries |
0 |
|
Group Structure |
|
|
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- PARAS GEMS NV |
424588695 |
31-12-2013 |
|
- - MILLENIUM.P.A.N. NV |
465886941 |
31-12-2010 |
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Companies that match
this address
no Companies Match this address
Summary
|
Group - Number of Companies |
2 |
|
Linkages - Number
of Companies |
0 |
|
Number of Countries |
0 |
there is no data for this company
there is no data for this company
there is no data for this company
Current director details
|
Name |
SHREYASH POPATLAL SHAH |
|
Position |
Chairman of the Board |
|
Start Date |
25/07/2012 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
25/07/2012 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
ADESH SHAH |
|
Position |
Principal Manager |
|
Start Date |
01/04/2014 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
01/04/2014 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
NUTAN SHREYASH SHAH (KOTHARI) |
|
Position |
Director |
|
Start Date |
02/06/2012 |
|
End Date |
28/04/2018 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
NAINESH RAJENDRA BHANKHARIA |
|
Position |
Director |
|
Start Date |
23/06/2006 |
|
Street |
36 INGENIEUR HAESAERTSLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
|
|
|
Name |
NUTAN SHAH |
|
Position |
Principal Manager |
|
Start Date |
15/12/1994 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Position |
Director |
|
Start Date |
15/12/1994 |
|
Street |
|
|
Post code |
|
|
Country |
|
Former director details
|
Name |
SHREYASH POPATLAL SHAH |
|
Position |
Managing Director |
|
Start Date |
23/06/2006 |
|
End Date |
29/04/2012 |
|
Street |
22 FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
WOUTERS, VAN MERODE & CO B.V.
BVBA |
|
Position |
Commissioner |
|
Start Date |
23/06/2008 |
|
End Date |
Unknown date |
|
Date of birth |
01/01/2002 |
|
Street |
140 BREDASTRAAT ANTWERPEN |
|
Post code |
2060 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.33 |
|
|
1 |
Rs.96.52 |
|
Euro |
1 |
Rs.69.52 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.