|
Report No. : |
336783 |
|
Report Date : |
19.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
ROYAL JEWELLERS |
|
|
|
|
Registered Office : |
Janusz Adamczyk, Ul. Powstańców
Śląskich 6, 43-300 Bielsko-Biała |
|
|
|
|
Country : |
Poland |
|
|
|
|
Date of Incorporation : |
01.09.2006 |
|
|
|
|
Legal Form : |
Natural persons conducting business activity |
|
|
|
|
Line of Business : |
Subject is engaged in wholesale and retail sale of jewelry |
|
|
|
|
No. of Employee : |
1 to 9 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Poland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
POLAND - ECONOMIC OVERVIEW
Poland has pursued a policy of economic liberalization since 1990 and Poland's economy was the only one in the EU to avoid a recession through the 2008-09 economic downturn. Although EU membership and access to EU structural funds have provided a major boost to the economy since 2004, GDP per capita remains significantly below the EU average. The unemployment rate is now below the EU average. The government of Prime Minister Donald TUSK steered the Polish economy through the economic downturn by skillfully managing public finances and adopting controversial pension and tax reforms to further shore up public finances. While the Polish economy has performed well over the past five years, growth slowed in 2013 and picked back up in 2014. Short-term, the key policy challenge will be to consolidate debt and spending without stifling economic growth. Over the longer term, Poland's economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labor code, commercial court system, government red tape, and burdensome tax system, especially for entrepreneurs. Poland’s long-term challenges include diversifying Poland’s energy mix and sources of supply, as well as stemming the outflow of educated young Poles to other EU Member States, especially in light of a coming demographic contraction as the Solidarity-era baby boom generation ages.
|
Source
: CIA |
|
ROYAL
JEWELLERS JANUSZ ADAMCZYK |
|
|
|
ul. Powstańców Śląskich 6 |
|
Phone: 33 8285871 |
|
Mobile phone: 512 045001 |
|
Fax: 33
8285881 |
|
E-mail: joanna@royaljewellers.eu |
|
Legal form |
Natural persons conducting business
activity |
|
Stat.no. |
240427646 |
|
Tax ID |
PL 5472051467 |
Establishment
01.09.2006 |
|
|
Registration: |
16.12.2011, Central
Business Activity Registration and Information Office, Date of beginning of
the activity 01.09.2006, |
Owner
Janusz Adamczyk |
|
Wholesale and
retail sale of jewelry |
|
|
Branches NACE
2007: |
|
|
Wholesale of
watches, clocks and jewelry |
(G.46.48.Z) |
|
Other wholesale |
(G.46.90.Z) |
|
Other
transportation activities |
(H.49.41.Z) |
|
Other
advertising activity |
(M.73.12.D) |
|
Employment |
2009:
1 to 9 employees |
Turnover
data not
possible to obtain |
Balance data is not available due to the
lack of balance data publication.
|
seat: |
|
|
|
|
Real
Estate
No data |
|
Connections: |
Janusz
Adamczyk |
|
|
Data concerning
connections are valid as at: 17.08.2015. |
General
information
Despite our hard
efforts, we could not achieve more information from available sources. |
Banks
Names of banks
were not disclosed |
Payment
Manner
Uknown |
|
|
Credit
capability |
Business
connections should not be refused, credits require security |
|
|
The commercial
credit cannot be determined due to the lack of insight into the complete and current
financial situation of the subject company. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.22 |
|
|
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.