MIRA INFORM REPORT

 

 

Report No. :

335251

Report Date :

10.08.2015

 

IDENTIFICATION DETAILS

 

Name :

SIEMENS  INDUSTRY  SOFTWARE  NV

 

 

Registered Office :

Interleuvenlaan  68 3001 Leuven

 

 

Country :

Belgium

 

 

Financials (as on) :

30.09.2014

 

 

Date of Incorporation :

27.12.1985

 

 

Com. Reg. No.:

428295877

 

 

Legal Form :

Public  Limited  Liability Company  (BE)

 

 

Line of Business :

Computer  Programming Activities

 

 

No. of Employees :

344 (30.09.2014)

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 the budget deficit was 3.2% of GDP. 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

 

 


Company  summary

 

Business  number

428295877

Branche  Unit  Number

2028551003

Company  name

SIEMENS  INDUSTRY  SOFTWARE  NV

Address

INTERLEUVENLAAN  68

 

3001 LEUVEN

Number  of  staff

344

Date  of  establishment

27/12/1985

Telephone  number

027095600

Fax  number

 

 

 

Ultimate  holding  company

 

Company  name

Company  Number

Siemens  Industry  Software  NV

428295877

 

 

Commentary

 

The  business  was  established  over  29  years  ago.

The  business  has  344  employees.

The  business  is  part  of  a  group.

This  business  has  a  foreign  parent  business.

The  business  has  been  at  the  address  for  over  10  years.

Operating  Result  in  the  latest  trading  period  decreased  191%  on  the  previous  trading  period.

Pre-tax  profits  decreased  by  342%  compared  to  the  previous  trading  period.

The  business  saw  a  decrease  in  their  Cash  Balance  of  77%  during  the  latest  trading  period.

Turnover  in  the  latest  trading  period  increased  119%  on  the  previous  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

30/09/2014

122,749,088

-5,519,255

53,418,802

18,695,520

30/09/2013

55,838,735

2,279,986

65,295,752

-28,604,426

31/12/2012

106,735,223

15,925,910

64,536,394

-27,059,030

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

30/09/2014

208,368,098

344

1,272,337

113,052,438

30/09/2013

255,446,990

248

1,272,337

6,465,862

31/12/2012

228,617,799

235

1,272,337

21,745,422

Payment  expectations

 

Past  payments

 

Payment  expectation  days

80.55

Industry  average  payment

154.39

Industry  average  day  sales

989.08

expectation  days

 

outstanding

 

Day  sales  outstanding

91.58

 

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

 

Court  action  type

no

 

PROTESTED  BILLS

 

Bill  amount

-

 

NSSO  DETAILS

 

Date  of  summons

18/02/2002

 

 

Company  information

 

Business  number

428295877

Company  name

SIEMENS  INDUSTRY

 

 

 

SOFTWARE  NV

Fax  number

 

Date  founded

27/12/1985

Company  status

active

Company  type

Public  Limited  Liability

 

 

 

Company  (BE)

Currency

Euro  (€)

Date  of  latest  accounts

30/09/2014

Activity  code

62010

Liable  for  VAT

yes

Activity  description

Computer  programming activities

VAT  Number

BE.0428.295.877  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

 

Significant  Events

 

Event  Date

01/04/2015

Event  Description

re-appointment  of  director(s)

Event  Details

Commentaar  01-04-2015:  Herbenoemd  als  bestuurders  tot  de  jaarvergadering  van  2021  :  Jan

 

Leuridan  en  Charles  Grindstaff.

 

 

 Company  accounts

 

Assets

 

 

 

 

 

 

 

 

 

Annual  accounts

30-09-2014

%

30-09-2013

%

31-12-2012

%

31-12-2011

%

31-12-2010

Weeks

52

 

39

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

Total  fixed  assets

52,036,621

-56.72

120,228,316

1.30

118,682,921

0.27

118,361,591

32.76

89,152,546

Intangible  fixed  assets

10,869,490

-1.59

11,044,892

-6.43

11,804,251

-8.44

12,892,892

2.06

12,632,630

Tangible  fixed  assets

10,681,046

-5.14

11,259,526

24.96

9,010,266

19.21

7,558,465

-3.03

7,794,549

Land  &  building

9,376,072

-4.56

9,824,252

76.13

5,577,965

-10.11

6,205,598

-8.89

6,811,275

Plant  &  machinery

1,063,935

-19.87

1,327,729

-8.72

1,454,544

17.10

1,242,148

44.36

860,440

Furniture  &  Vehicles

118,420

91.26

61,915

42.90

43,328

-23.53

56,663

-35.02

87,203

Leasing  &  Other  Similar

76,989

-

-

-

-

-

-

-

-

Rights

 

 

 

 

 

 

 

 

 

Other  tangible  assets

45,630

0

45,630

-97.64

1,934,430

3478

54,056

51.71

35,630

Financial  fixed  assets

30,486,085

-68.87

97,923,898

0.06

97,868,405

-0.04

97,910,234

42.47

68,725,367

Total  current  assets

156,331,477

15.61

135,218,674

23.00

109,934,877

56.87

70,080,156

3.23

67,889,226

Inventories

8,950,564

-74.75

35,446,844

128

15,483,534

10.22

14,048,196

7.10

13,116,394

Raw  materials  &

-

-

-

-

-

-

-

-

-

consumables

 

 

 

 

 

 

 

 

 

Work  in  progress

3,772,509

-88.25

32,100,054

143

13,188,015

6.42

12,392,112

6.75

11,608,198

Finished  goods

5,178,055

54.72

3,346,790

45.80

2,295,519

38.61

1,656,084

9.81

1,508,196

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

30,798,203

-38.75

50,286,063

-18.28

61,531,553

67.70

36,691,327

10.02

33,348,768

Other  amounts  receivable

105,843,490

290

27,097,231

1397

1,809,475

-22.05

2,321,190

-43.58

4,114,092

Cash

2,081,998

-77.83

9,389,426

-21.65

11,984,120

68.47

7,113,383

9.42

6,501,219

Miscellaneous  current

8,657,222

-32.84

12,890,177

-32.36

19,058,401

94.53

9,797,127

-8.08

10,658,680

assets

 

 

 

 

 

 

 

 

 

Total  Assets

208,368,098

-18.43

255,446,990

11.74

228,617,799

21.32

188,441,747

19.99

157,041,772

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

64,288,292

-15.79

76,340,645

0

76,340,645

24.37

61,382,738

15.70

53,055,461

Issued  share  capital

1,272,337

0

1,272,337

0

1,272,337

0.00

1,272,337

0.00

1,272,337

Share  premium  account

36,557

0

36,557

0

36,557

0.00

36,557

0.00

36,557

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

62,979,398

-16.06

75,031,751

0

75,031,751

24.90

60,073,844

16.09

51,746,568

Provisions  for  Liabilities  &

0

-

0

-

0

-100

191,000

-23.60

250,000

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

38,453

0

38,453

0

38,453

-13.74

44,577

42.10

31,371

Creditors

144,041,353

-19.56

179,067,893

17.62

152,238,701

20.04

126,823,432

22.29

103,704,939

Other  long  term  loans

6,405,397

-57.98

15,244,793

0.00

15,244,794

-16.54

18,266,913

428

3,453,703

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

6,443,850

-57.84

15,283,246

0.00

15,283,247

-17.40

18,502,490

395

3,735,074

Current  portion  of  long  term

-

-

556,606

-77.32

2,453,901

140

1,021,968

-5.09

1,076,723

debt

 

 

 

 

 

 

 

 

 

Financial  debts

-

-

66,757,460

28.88

51,799,000

-4.38

54,170,000

12.78

48,030,000

Trade  creditors

27,927,006

-38.15

45,152,642

-16.53

54,091,264

117

24,857,088

11.03

22,387,540

Amounts  Payable  for  Taxes,

10,694,671

52.96

6,991,596

33.43

5,239,858

15.03

4,555,097

-20.22

5,709,552

Remuneration  &  Social

 

 

 

 

 

 

 

 

 

Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current

99,014,280

123

44,364,796

89.51

23,409,884

-2.26

23,952,366

3.93

23,047,422

liabilities

 

 

 

 

 

 

 

 

 

Total  current  liabilities

137,635,957

-15.99

163,823,100

19.58

136,993,908

26.20

108,556,519

8.28

100,251,236

Total  Liabilities

208,368,098

-18.43

255,446,990

11.74

228,617,799

21.32

188,441,747

19.99

157,041,772

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

-4.50

-210

4.08

-72.65

14.92

17.57

12.69

106

6.14

Return  on  capital  employed

-7.80

-413

2.49

-85.67

17.38

8.90

15.96

90.23

8.39

Return  on  total  assets employed

-2.65

-397

0.89

-87.23

6.97

2.95

6.77

123

3.03

Return  on  net  assets employed

-8.59

-387

2.99

-85.67

20.86

0.43

20.77

131

8.98

Sales  /  net  working  capital

6.57

336

-1.95

49.49

-3.94

-50.96

-2.61

-8.75

-2.40

Stock  turnover  ratio

7.29

-88.52

63.48

337

14.51

3.79

13.98

-17.23

16.89

Creditor  days

80.55

-74.73

318.75

42.66

223.44

114

104.05

-9.44

114.90

Debtor  days

91.58

-72.14

328.70

56.21

210.42

57.88

133.28

-14.97

156.75

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

1.14

37.35

0.83

3.75

0.80

23.08

0.65

-4.41

0.68

Liquidity  ratio  /  acid  ratio

1.07

75.41

0.61

-11.59

0.69

32.69

0.52

-5.45

0.55

Current  debt  ratio

2.14

-0.47

2.15

20.11

1.79

1.13

1.77

-6.35

1.89

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

113,052,438

1648

6,465,862

-70.27

21,745,422

15.40

18,843,528

67.15

11,273,147

Net  worth

53,418,802

-18.19

65,295,752

1.18

64,536,394

33.09

48,489,846

19.96

40,422,831

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

9.96

-90.79

108.15

18.79

91.04

-23.92

119.67

20.79

99.07

Equity  in  percentage

32.55

4.19

31.24

-11.28

35.21

0.69

34.97

-4.82

36.74

Total  debt  ratio

2.24

-4.68

2.35

18.09

1.99

-3.86

2.07

5.61

1.96

Working  capital

18,695,520

65.36

-28,604,426

-5.71

-27,059,030

70.33

-38,476,363

-18.89

-32,362,011

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

103,654,030

27.77

81,123,779

-30.31

116,414,629

6.50

109,309,795

25.55

87,063,772

Turnover

122,749,088

119

55,838,735

-47.68

106,735,223

6.22

100,484,082

29.40

77,655,673

Total  operating  expenses

126,543,797

144

51,704,158

-41.49

88,362,413

1.34

87,195,983

22.60

71,120,783

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

107,448,738

39.56

76,989,201

-21.47

98,041,818

2.10

96,021,696

19.24

80,528,883

Employee  costs

27,326,287

49.87

18,232,916

-14.23

21,257,233

12.31

18,927,912

9.11

17,347,238

Wages  and  salary

19,732,531

55.56

12,685,224

-15.51

15,014,406

10.93

13,534,681

11.16

12,175,585

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security

6,289,997

83.59

3,426,142

-20.47

4,307,912

9.46

3,935,513

7.57

3,658,641

contributions

 

 

 

 

 

 

 

 

 

Other  employee  costs

1,303,758

-38.55

2,121,550

9.65

1,934,915

32.74

1,457,718

-3.65

1,513,012

Director  remuneration

-

-

-

-

-

-

-

-

-

Amortization  and

5,754,990

27.52

4,512,902

-33.40

6,775,623

13.88

5,949,689

11.73

5,324,895

depreciation

 

 

 

 

 

 

 

 

 

Operating  result

-3,794,709

-191

4,134,578

-77.50

18,372,811

38.27

13,288,099

103

6,534,890

Total  financial  income

2,306,328

57.39

1,465,330

-1.51

1,487,854

30.48

1,140,274

85.05

616,210

Total  financial  expenses

4,030,874

21.41

3,319,923

-15.63

3,934,755

134

1,678,460

-29.65

2,385,766

Results  on  ordinary

-5,519,255

-342

2,279,986

-85.68

15,925,910

24.91

12,749,913

167

4,765,334

operations  before  taxation

 

 

 

 

 

 

 

 

 

Extraordinary  Income

114,816,448

-

-

-

24,532

1249

1,818

-

-

Extraordinary  Charges

1,873,157

374531

500

-77.83

2,255

0.96

-235,684

19.05

-1,237,348

Extraordinary  items

112,943,291

22588658

-500

-102

22,276

-90.62

237,502

-80.81

1,237,348

Results  for  the  Year  Before

107,424,036

4612

2,279,486

-85.71

15,948,186

22.80

12,987,415

116

6,002,682

Taxation

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

126,588

-61.23

326,526

-67.07

991,530

856

103,685

72.43

60,132

Results  on  ordinary

-5,645,843

-389

1,953,459

-86.92

14,934,380

18.09

12,646,228

168

4,705,202

operations  after  taxation

 

 

 

 

 

 

 

 

 

Net  result

107,297,448

5394

1,952,959

-86.95

14,969,799

16.10

12,893,839

116

5,948,252

Profit  (Loss)  for  the  Year  to be  appropiated

107,297,448

5394

1,952,959

-86.95

14,969,799

16.10

12,893,839

116

5,948,252

Dividends

119,349,800

6011

1,952,959

-

-

-

4,592,208

132

1,979,400

 

 

Social  Balance  Sheet  Details

 

Social  Balance  Sheet

 

Total

 

During  the  reporting  year

 

 

 

ended  30-09-2014

 

 

 

Full-time  Employees

 

262

 

Part-time  Employees

 

29

 

Total  Fte  Employees

 

284

 

 

 

 

 

Number  of  hours  worked

 

 

 

Full-time  Employees

 

432,729

 

Part-time  Employees

 

34,710

 

Total

 

467,439

 

 

 

 

 

Personnel  Charges

 

 

 

Full-time  Employees

 

25,413,446

 

Part-time  Employees

 

1,912,841

 

Total

 

27,326,287

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

-

 

During  the  previous  reporting  year

 

 

 

Average  number  employees  in  Fte

 

243

 

Actual  working  hours

 

303,939

 

Personnel  Charges

 

18,232,916

 

Benefits  In  Addition  To  Wages

 

-

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

317

34

344

Contracts

 

 

 

Limited  Duration  Contracts

-

-

-

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding

-

-

-

Gender  and  Education Level

 

 

 

 

 

 

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

-

-

-

Higher  education  (non

170

7

175

university)

 

 

 

Higher  education

100

7

105

(university)

 

 

 

 

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

-

-

-

Higher  education  (non

30

20

47

university)

 

 

 

Higher  education

17

-

17

(university)

 

 

 

 

 

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

317

34

344

Blue  collar  worker

-

-

-

Other

-

-

-

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

6

 

Actual  working  hours

 

7,912

 

Cost  of  temporary  staff

 

164,597

 

 

 

 

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

116

10

124

Leavers

27

1

28

 

 

Total  of  formal  continuing  vocational  training  initiatives

 

 

for  workers  paid  by  the  employer

Male

Female

Number  of  employees

87

25

Number  of  training  hours

1,202

263

Net  costs  for  enterprise

52,582

9,664

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

62010

Activity  description

Computer  programming  activities

 

 

Payment  Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

25

Total  number  of  Invoices  paid  within  or  up  to  30  days  after  the  due  date

17

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

6

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

 

Suspension  of  payments  /  moratorium  history

 

Amount

-

Details

-

 

 

Payment  expectations

 

Payment  expectation  days

80.55

Day  sales  outstanding

91.58

 

Industry  comparison

 

Activity  code

62010

Activity  description

Computer  programming  activities

Industry  average  payment

154.39

expectation  days

 

Industry  average  day  sales

989.08

outstanding

 

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

80.55

Lower

116.72

Median

70.39

Upper

36.82

 

 

Day  sales  outstanding

 

Company  result

91.58

Lower

68.44

Median

31.83

Upper

13.20

Shareholder  Details

 

Summary

 

Group  -  Number  of  Companies

14

Linkages  -  Number  of  Companies

61

Number  of  Countries

13

 

 

Group  Structure

 

Company  name

Number

Latest

 

 

financials

- SIEMENS  INDUSTRY  SOFTWARE  NV

428295877

30-09-2014

- - LMS  ENGINEERING  NV

473407906

31-12-2012

- - LMS  NUMERICAL  TECHNOLOGIES  NV

442515681

30-06-2014

- - LEUVEN  MEASUREMENTS  &  SYSTEMS  BELGIUM  BV...

419658127

30-06-2014

- - SAMTECH  SA

429510060

30-09-2014

- - - SAMTECH  HK  LIMITED  SOC.ETR.  E.P.B.

 

 

- - - SAMTECH  FRANCE

950571802

30-09-2014

- - - SAMTECH  IBERICA  SOC.ETR.  E.P.B.

 

 

- - - SAMTECH  SRL  IN  LIQUIDAZIONE

00099470288

31-12-2011

- - - SAMTECH  UK  LIMITED

05510665

30-09-2014

- - - TSE  SOC.ETR.  E.P.B.

 

 

- - LMS  JAPAN  SOC.ETR.  E.P.B.

 

 

- - LMS  UK  SOC.ETR.  E.P.B.

 

 

- - LMS  (BEIJING)  TECHNOLOGY  CO,  LTD  SOC.ETR...

 

 

 

 

Minority  Shareholders

 

 

Business number

Company  name

%

Date  of accounts

419658127

Leuven  Measurements  &  Systems

Belgium  BVBA

0.32

30/06/2014

 

 

Minority  Interests

 

No  minority  interests  found

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

14

Linkages  -  Number  of  Companies

61

Number  of  Countries

13

 

Linked  Companies

 

NAME

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

 

 

 

 

SIEMENS  HOLDINGS  PLC

02465263

30.09.2014

-

OSRAM  GMBH

HRB

30.09.2014

-

 

201526

 

 

SIEMENS  PENSION  FUNDING  LIMITED

08218061

30.09.2014

£550.963

LINCS  RENEWABLE  ENERGY

07110281

31.12.2014

-

HOLDINGS  LIMITED

 

 

 

GYM  RENEWABLES  LIMITED

07287451

30.09.2014

-

SIEMENS  INDUSTRIAL

04729734

30.09.2014

£334.955.000

TURBOMACHINERY  LIMITED

 

 

 

GYM  RENEWABLES  ONE  LIMITED

07233497

31.12.2013

-

SIEMENS  RAIL  AUTOMATION  HOLDINGS LIMITED

00016033

30.09.2014

£388.191.000

SIEMENS  FINANCIAL  SERVICES LIMITED

04140043

30.09.2014

-

SIEMENS  TRANSMISSION  AND

00631825

30.09.2014

£159.497.000

DISTRIBUTION  LIMITED

 

 

 

SIEMENS  FINANCIAL  SERVICES LIMITED

00646166

30.09.2014

£124.972.000

 

 

 

 

VA  TECH  (UK)  LIMITED

03562487

30.09.2014

-

PROJECT  VENTURES  RAIL

08243845

30.09.2014

-

INVESTMENTS  I  LIMITED

 

 

 

VA  TECH  T  &  D  UK  LIMITED

04087989

30.09.2014

-

SIEMENS  HEALTHCARE  DIAGNOSTICS

01915763

30.09.2014

£69.073.000

MANUFACTURING  LTD

 

 

 

ELECTRIUM  SALES  LIMITED

02226729

30.09.2014

£76.222.000

SIEMENS  INDUSTRY  SOFTWARE LIMITED

03476850

30.09.2014

£55.618.000

 

 

 

 

SIEMENS  PROTECTION  DEVICES LIMITED

03724899

30.09.2014

£24.730.000

 

 

 

 

PLESSEY  HOLDINGS  LIMITED

00609503

31.03.2014

-

SMART  WIND  LIMITED

07107382

31.12.2013

£3.331.000

 

 

Summons

 

Legal  event  type

Social  Security  Summons

Event  date

18/02/2002

 

Court  type

Court  name

Creditor's  name

3rd  party  type

 

 

Protested  Bills

 

there  is  no  data  for  this  company

 

 

Bankruptcy  and  other  legal  events

 

there  is  no  data  for  this  company

 

 

Director  details

 

Current  director  details

 

Name

JAN  MARIA  SYLVEER  LEURIDAN

Position

Managing  Director

Start  Date

03/01/2013

Date  of  birth

12/10/1956

Street

4 HERTOGENVELD  OUD-HEVERLEE

Post  code

3052

Country

Belgium

 

 

Name

WOLFGANG-CHRISTIAN  RIEDEL

Position

Director

Start  Date

01/04/2015

Street

56 DAHLIALAAN  ZAVENTEM

Post  code

1933

Country

Belgium

 

 

Name

CHARLES  GRINDSTAFF

Position

Chairman  of  the  Board

Start  Date

03/01/2013

Street

3844 SOUTHWESTERN  BLVD

Post  code

TX5225

Country

United  States

 

 

Position

Director

Start  Date

03/01/2013

Street

3844 SOUTHWESTERN  BLVD

Post  code

TX5225

Country

United  States

 

Former  director  details

 

Name

URBANUS  AGNES  LAMBERT  VANDEURZEN

Position

Managing  Director

Start  Date

16/11/2007

End  Date

03/01/2013

Date  of  birth

06/05/1956

Street

17 JACHTHUISLAAN  LUBBEEK

Post  code

3210

Country

Belgium

 

 

Position

Director

Start  Date

14/04/2005

End  Date

03/01/2013

Date  of  birth

06/05/1956

Street

17 JACHTHUISLAAN  LUBBEEK

Post  code

3210

Country

Belgium

 

 

Position

Chairperson

Start  Date

17/03/2005

End  Date

03/01/2013

Date  of  birth

06/05/1956

Street

17 JACHTHUISLAAN  LUBBEEK

Post  code

3210

Country

Belgium

 

 

Name

JAN  MARIA  SYLVEER  LEURIDAN

Position

Director

Start  Date

30/06/2010

End  Date

30/09/2013

Date  of  birth

12/10/1956

Street

4 HERTOGENVELD  OUD-HEVERLEE

Post  code

3052

Country

Belgium

 

 

Name

MARK  EDWARD  BRANHAM

Position

Director

Start  Date

30/08/2013

End  Date

10/07/2015

Street

1 ELZENLAAN  TERVUREN

Post  code

3080

Country

Belgium

 

 

Name

MARK  EDWARD  BANHAM

Position

Director

Start  Date

03/01/2013

End  Date

01/04/2015

Street

1 ELZENLAAN  TERVUREN

Post  code

3080

Country

Belgium

 

 

Name

LUC  MISSORTEN

Position

Legal  Representative

Start  Date

30/08/2007

End  Date

03/01/2013

Street

67 SLIJKSTRAAT  LUBBEEK

Post  code

3212

Country

Belgium

 

 

Name

LUMIS  NV

Position

Director

Start  Date

30/08/2007

End  Date

Unknown  date

Date  of  birth

29/09/2003

Street

67 SLIJKSTRAAT  LUBBEEK

Post  code

3212

Country

Belgium

 

 

Name

HUGO  LEVECKE

Position

Director

Start  Date

14/10/2005

End  Date

03/01/2013

Date  of  birth

16/12/1950

Street

69 STEENVELDSTRAAT  LUBBEEK

Post  code

3210

Country

Belgium

 

 

Name

DR.  IR.  U.  VANDEURZEN  MANAGEMENT  FIRM  NV

Position

Director

Start  Date

17/06/2000

End  Date

03/01/2013

Date  of  birth

14/12/1988

Street

19 JACHTHUISLAAN  LUBBEEK

Post  code

3210

Country

Belgium

 

 

Name

DRIE  KONINGEN  R.V.O.  IN  VEREFFENING  NV

Position

Director

Start  Date

05/12/2001

End  Date

Unknown  date

Date  of  birth

22/12/1999

Street

1 DRIE  KONINGEN  BEERNEM

Post  code

8730

Country

Belgium

 

 

Name

JOACHIM  GEBHARD

Position

Director

Start  Date

03/01/2013

End  Date

01/04/2015

Street

506 KOENIGSFELDERGRASSE  LANDSHUT

Post  code

84028

Country

Germany

 

 

Name

HARRY  VOLANDE

Position

Director

Start  Date

03/01/2013

End  Date

01/04/2015

Street

840 MEMORIAL  LANE

Post  code

75024

Country

United  States

 

 

Name

TILMAN  SCHAD

Position

Director

Start  Date

23/05/2003

End  Date

03/01/2013

Street

2013 LINDEN  LAKE  ROAD

Post  code

CO  80524

Country

United  States

 

 

Name

TOM  CURRY

Position

Director

Start  Date

29/06/2004

End  Date

03/01/2013

Street

31642 SCENIC  DRIVE

Post  code

92651CA

Country

United  States

 

 

Name

PDA  ENGINEERING

Position

Director

Start  Date

07/09/1997

End  Date

Unknown  date

Street

REDHILL  AVENUE

Post  code

92625

Country

United  States

 

 

Name

MACNEAL-SCHWENDLER  CORPORATION

Position

Director

Start  Date

18/10/1996

End  Date

Unknown  date

Street

815 COLORADO  BLD

Post  code

 

Country

United  States

 

 

Name

RUDI  WEEKERS

Position

Chairperson

Start  Date

27/02/2008

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

RAYNIER  VAN  OUTRYVE  D'YDEWALLE

Position

Legal  Representative

Start  Date

26/05/2000

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

THOMAS  CURRY

Position

Director

Start  Date

29/06/2004

End  Date

03/01/2013

Street

 

Post  code

 

Country

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.81

UK Pound

1

Rs.98.93

Euro

1

Rs.69.66

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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