MIRA INFORM REPORT

 

 

Report No. :

337302

Report Date :

20.08.2015

 

IDENTIFICATION DETAILS

 

Name :

INGETEAM POWER TECHNOLOGY SOCIEDAD ANONIMA

 

 

Registered Office :

C/ Pque, Parque Tecnologico De Bizkaia - Edificio.  -Zamudio-   Vizcaya

 

 

Country :

Spain

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

19.10.2011

 

 

Legal Form :

Public Company

 

 

Line of Business :

Subject is engaged in engineering activities and related technical consultancy

 

 

No. of Employee :

329

 

 

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)

Spain

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

SPAIN - ECONOMIC OVERVIEW

 

After experiencing a prolonged recession in the wake of the global financial crisis that began in 2008, in 2014 Spain marked the first full year of positive economic growth in seven years, largely due to increased private consumption. At the onset of the global financial crisis Spain's GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. In 2013 the government successfully shored up struggling banks - exposed to the collapse of Spain's depressed real estate and construction sectors - and in January 2014 completed an EU-funded restructuring and recapitalization program.

Until 2014, credit contraction in the private sector, fiscal austerity, and high unemployment weighed on domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 23.7% in 2014. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to just under 7% of GDP in 2013-14, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to more than 97% in 2014.

Exports were resilient throughout the economic downturn and helped to bring Spain's current account into surplus in 2013 for the first time since 1986, where it remained in 2014. Rising labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have helped to improve foreign investor interest in the economy and positive FDI flows have been restored.

The government's efforts to implement labor, pension, health, tax, and education reforms - aimed at supporting investor sentiment - have become overshadowed by political activity in 2015 in anticipation of the national parliamentary elections in November. Spain’s 2015 budget, published in September 2014, rolls back some recently imposed taxes in advance of the elections and leaves untouched the country’s value-added tax (VAT) regime, which continues to generate significantly lower revenue than the EU average. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and despite the recent uptic in economic activity, inflation has dropped sharply, from 1.5% in 2013 to nearly flat in 2014.

 

Source : CIA

 

Company name

 

INGETEAM POWER TECHNOLOGY SOCIEDAD ANONIMA

 

 

 

 

EXECUTIVE SUMMARY

 

 

Denomination: INGETEAM POWER TECHNOLOGY SOCIEDAD ANONIMA

 

Cif:

A95663852

 

Registry Data:

 

Register VIZCAYA, Section 8, Sheet 59310

 

Incorporation Date:

 

19/10/2011

 

Last Publication in BORME:

 

07/08/2015 (Dismissal/Resignation)

 

Last Published Account Deposit:

 

2014 (Submitted in June of 2015)

 

Share Capital

 

100000.00 €

 

 

Localization: AVDA. CIUDAD DE LA INNOVACION, 13  EGUES  SARRIGUREN  (NAVARRA)

 

 

Telephone:

 

948288000

 

e-Mail:

 

energy@ingeteam.com

 

 

Activity

 

 

NACE:

 

7112  /  Engineering activities and related technical consultancy

 

Size:

 

LARGE

 

  

 

 

ACTIVITY

 

 

 

NACE:

 

7112  /  Engineering activities and related technical consultancy

 

Main Activity:

 

Investigation activities

 

CNAE Source:

 

ANNUAL ACCOUNTS

 

Company size:

 

Large

 

 

 

STAFF

 

 

Financial Year

 

Permanent Employees

 

Temporary Employees

 

 

2014

 

 949

 

 80

 

 

 

2013

 

 944

 

 82

 

 

 

2012

 

 1.069

 

 0

 

 

 

2011

 

 1.119

 

 0

 

 

 

 

 

  BASIS FOR SCORING

 

 

Positive Factors

 

Description: 400No judicial claims have been detected in the Official Gazettes, regarding any Entity's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions.

Description: 403No irregular payment performance has been detected based on information obtained from credit bureaus.

Description: 406It is one of the major domestic companies in terms of sales volume.

Description: 409 Significant level of financial autonomy. The asset is financed mostly with equity and financing with maturity exceeding one year, providing a solid financial structure.

Description: 412INGETEAM POWER TECHNOLOGY SOCIEDAD ANONIMA 's borrowing cost is appropriate according to its volume of external financing sources.

 

 

Most relevant data

 

 

It has a high capacity level to meet its credit obligations, even in the event of any potential changes in the financial environment.

 

 

 

ESTIMATED PROBABILITY OF DEFAULT

 

 

Section showing the probability that the company queried will not be able to meet the business obligations it takes on over the next 12 months, as well as a comparison against the average probability within the sector.

 

The Estimated Probability of Default should be interpreted as the number of companies (with similar profiles to that of the company queried) whose loans have turned non-performing or delinquent, as a percentage of the total number of companies..

 

Estimated Probability of Default (next 12 months):  0.245 %

 

 

Sector in which comparison is carried out :

   711 Architectural and engineering activities and related technical consultancy

 

Description: 574

 

Relative Position:

Description: 582 Credit quality is superior to that of other companies in the same sector.

 

 

Most relevant data

 

 

The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.

The 99.00% of the companies of the sector INGETEAM POWER TECHNOLOGY SOCIEDAD ANONIMA belongs to show a higher probability of non-compliance.

 

The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 0.245%.

In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.

 

 

 

  

DEFAULTS, LEGAL CLAIMS AND INSOLVENCY PROCEEDINGS

 

 

Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Empresas and RAI).

 

Summary

 

 

There are no of outstanding debts with Public Administration bodies or resulting from claims filed by individuals before Courts of the different jurisdictions.

 

No defaults are registered with the main local credit bureaus (ASNEF Empresas).

 

 

Chronological Summary

 

 

Proceedings and Stages

 

Number of Publications

 

Amount

 

Start date

 

End date

 

 

Insolvency Proceedings, Bankruptcy and Suspension of Payments

 

Unpublished

 

-

 

-

 

-

 

 

   Request/Declaration

 

0

 

-

 

 

-

 

 

   Proceedings

 

0

 

-

 

 

-

 

 

   Resolution

 

0

 

-

 

 

-

 

 

Defaults on debt with Financial Institutions and Large Companies

 

None

 

-

 

 

 

 

Status: Friendly

 

 

-

 

 

 

 

Status: Pre-Litigation

 

 

-

 

 

 

 

Status: Litigation

 

 

-

 

 

 

 

Status: Non-performing

 

 

-

 

 

 

 

Status: insolvency proceedings, bankruptcy and suspension of payments

 

 

-

 

 

 

 

Other status

 

 

-

 

 

 

 

Legal and Administrative Proceedings

 

Unpublished

 

0

 

 

 

 

   Notices of defaults and enforcement

 

0

 

0

 

 

 

 

   Seizures

 

0

 

0

 

 

 

 

   Auctions

 

0

 

0

 

 

 

 

   Declarations of insolvency and bad debt

 

0

 

0

 

 

 

 

Proceedings heard by the Civil Court

 

Unpublished

 

0 €

 

 

 

 

Proceedings heard by the Labour Court

 

Unpublished

 

-

 

 

 

 

 

DETAILS.

 

DEFAULTS WITH FINANCIAL INSTITUTIONS AND LARGE COMPANIES Bank and Commercial Delinquency

 

No defaults are registered with the main local credit bureaus (ASNEF Empresas).

 

 

 

Product

 

Number of Defaults

 

MORTGAGE LOAN, PERSONAL LOAN

 

-

 

OVERDRAFT IN CURRENT ACCOUNT, CREDIT CARD, PRIVATE LABEL CARD OR DEBIT CARD

 

-

 

CREDIT POLICY, BUSINESS DISCOUNT

 

-

 

INSURANCE, RENTAL

 

-

 

LEASING, FACTORING, RENTING, CONFIRMING

 

-

 

TELECOMMUNICATIONS

 

-

 

AUTOMOBILE FINANCING, CAPITAL EQUIPMENT OR CONSUMER GOODS

 

-

 

COLLATERAL and GUARANTEES

 

-

 

Miscellaneous

 

-

 

 

 

 

Legal Notice:

 

This data has been obtained from consultation of the ASNEF Empresas register. It may only be used for the purposes of awarding credit, monitoring credit and managing loans. This data may not be reused or included in any database, and may not be ceded .

 

 

 

ACCOUNTS DEPOSITED

 

  

 

Financial Year

 

Type of Annual Accounts

 

 

2014

 

Normal

 

June  2015

 

2013

 

Normal

 

July  2014

 

2012

 

Normal

 

August  2013

 

2011

 

Normal

 

August  2012

 

 

 

 

ABSTRACT OF ANNUAL ACCOUNTS

 

 

 Source of data:

 Information corresponding to the fiscal years designated as ORIGINAL 2008.

 Information corresponding to the fiscal years designated as EQUIVALENCE, has been calculated based on the criteria established by the transitory provisions of the new General Accounting Plan.

 For cases where relevant provisions do not establish equivalence criteria, has drawn them up using its own methodology.

 

Abstract of annual accounts pursuant to new General Accounting Plan 2007

 

 

ASSETS 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Non-current Assets

 

147.356.514

 

147.129.145

 

138.559.741

 

 

Current Assets

 

160.388.263

 

131.600.013

 

164.841.357

 

 

Total Assets

 

307.744.777

 

278.729.158

 

303.401.098

 

 

 

 

NET ASSETS AND LIABILITIES 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Net Worth

 

192.288.148

 

194.121.491

 

218.123.091

 

 

Non-current Liabilities

 

42.849.976

 

31.179.567

 

28.674.572

 

 

Current Liabilities

 

72.606.653

 

53.428.100

 

56.603.435

 

 

Total Net Assets and Liabilities

 

307.744.777

 

278.729.158

 

303.401.098

 

 

 

 

RESULT'S ACCOUNT 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Net total sales

 

153.300.862

 

115.872.654

 

139.400.625

 

 

Other Operating Income

 

25.251.668

 

25.914.030

 

27.694.462

 

 

Consumption, Amortization and Other Operating Expenses

 

-171.790.042

 

-153.063.093

 

-165.199.894

 

 

Operating Result

 

6.762.488

 

-11.276.409

 

1.895.193

 

 

Financial Results

 

-949.880

 

-2.686.180

 

774.551

 

 

Discontinued Operations Result

 

0

 

0

 

0

 

 

Financial Year Result

 

5.738.513

 

-2.685.433

 

12.870.728

 

 

 

  

 

ECONOMIC-FINANCIAL RATIOS ESSENTIAL TO AWARDING CREDIT

 

  

Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the TRADE REGISTER

 

 

Economic-Financial Indicators 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Net Turnover Amount

 

153.300.862

 

115.872.654

 

139.400.625

 

 

Average payment term

 

160

 

145

 

114

 

 

Number of Employees

 

1.029

 

1.026

 

1.069

 

 

 

 

Income Return Ratios 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Operating economic profitability

 

2,33 %

 

-4,37 %

 

0,66 %

 

 

Total economic profitability

 

2,41 %

 

-4,57 %

 

1,27 %

 

 

Margin

 

3,84 %

 

-8,06 %

 

1,14 %

 

 

 

 

Solvency Ratios 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Liquidity

 

0,60

 

0,41

 

1,04

 

 

Acid Test

 

2,02

 

2,25

 

2,51

 

 

Working Capital / Investment

 

0,29

 

0,28

 

0,36

 

 

Solvency

 

3,37

 

4,23

 

4,20

 

 

 

 

Ratios de Endeudamiento 

 

 2014

31/12/2014

 

 2013

31/12/2013

 

 2012

31/12/2012

 

 

Indebtedness level

 

0,55

 

0,37

 

0,35

 

 

Borrowing Composition

 

0,62

 

0,63

 

0,51

 

 

Repayment Ability

 

5,11

 

-2,13

 

-2,55

 

 

Warranty

 

2,90

 

3,81

 

3,95

 

 

 

  

 

LINK LIST

 

 

  

PARTICIPATES IN: 

 

17 Entidades

 

SHAREHOLDERS: 

 

1 Entidades

 

ABSORBS TO: 

 

7 Entidades

 

BELONGS TO THE ADMINISTRATION BOARD OF: 

 

6 Entidades

 

HAS IN ITS ADMINISTRATION BOARD TO: 

 

5 Entidades

 

IS RELATED WITH: 

 

1 Entidades

 

 

Company Links

 

SHAREHOLDERS

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 INGETEAM INVERSIONES SOCIEDAD LIMITADA

 

 B95049920

 

 VIZCAYA

 

 ACTIVE

 

99.99 %  

 

 

PARTICIPATES IN:

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 INGETEAM SERVICE SOCIEDAD ANONIMA

 

 A02363802

 

 ALBACETE

 

 ACTIVE

 

95 %  

 

 BASCOTECNIA STEEL SL

 

 B20807970

 

 GUIPUZCOA

 

 ACTIVE

 

33.33 %  

 

 INGETEAM AS (REPUBLICA CHECA)

 

 

 

 

 

 

 

67 %  

 

 INGETEAM, SOCIEDAD ANONIMA, (ALEMANIA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAM, SOCIEDAD ANONIMA, DE CV (MEXICO)

 

 

 

 

 

 

 

100 %  

 

 INGELECTRIC NORTEAMERICANA, SOCIEDAD ANONIMA, DE CV (MEXICO)

 

 

 

 

 

 

 

99.77 %  

 

 INGETEAM SAS (FRANCIA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAM, SOCIEDAD LIMITADA, (ITALIA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAM (PTY), SOCIEDAD ANONIMA, (SUDAFRICA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAM POWER TECHNOLOGY (INDIA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAM SPZOO (POLONIA)

 

 

 

 

 

 

 

100 %  

 

 INGETEAN SPA (CHILE)

 

 

 

 

 

 

 

100 %  

 

 SHANGAI INGETEAM AUTOMATIC SYSTEM ENGINEERING CO LTDA (CHINA)

 

 

 

 

 

 

 

100 %  

 

 SHANGHAI EPRO MERINTEC CO, SOCIEDAD ANONIMA, (CHINA)

 

 

 

 

 

 

 

44 %  

 

 INGETEAM AUSTRALIA PTY LDA

 

 

 

 

 

 

 

100 %  

 

 INGETEAM PANAMA, S.A.

 

 

 

 

 

 

 

100 %  

 

 QUANTUM RENEWABLE ENERGY SL

 

 B71219323

 

 NAVARRA

 

 ACTIVE

 

40 %  

 

 

IS RELATED WITH:

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 AUTOMATIC SYSTEM ENGINEERING CO, S.A.

 

 

 

 

 

 

 

 

 

 

ABSORBS TO:

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 INGETEAM POWER PLANTS SA

 

 A95220646

 

 ALAVA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 INGETEAM ENERGY SA

 

 A31270853

 

 NAVARRA

 

 TERMINATION

 

 

 

 INGETEAM ELECTRONICS SOCIEDAD ANONIMA

 

 A48647911

 

 VIZCAYA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 INGETEAM TECHNOLOGY SOCIEDAD ANONIMA

 

 A95126330

 

 VIZCAYA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 INGETEAM INDUSTRY SOCIEDAD ANONIMA

 

 A95184446

 

 VIZCAYA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 INGETEAM MARINE SOCIEDAD ANONIMA

 

 A95514824

 

 VIZCAYA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 INGETEAM TRACTION SOCIEDAD ANONIMA

 

 A95484747

 

 VIZCAYA

 

 TERMINATION BY TAKEOVER MERGER

 

 

 

 

HAS IN ITS ADMINISTRATION BOARD TO:

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 INDAR ELECTRIC SL

 

 B20597993

 

 GUIPUZCOA

 

 ACTIVE WITH PARTIAL DIVISION OF CAPITAL

 

 

 

 PINE INSTALACIONES Y MONTAJES SOCIEDAD ANONIMA

 

 A48713416

 

 VIZCAYA

 

 ACTIVE WITH PARTIAL DIVISION OF CAPITAL

 

 

 

 INDAR MAQUINAS HIDRAULICAS SL

 

 B20762613

 

 GUIPUZCOA

 

 ACTIVE

 

 

 

 PINE EQUIPOS ELECTRICOS SOCIEDAD ANONIMA

 

 A95212536

 

 VIZCAYA

 

 ACTIVE

 

 

 

 

BELONGS TO THE ADMINISTRATION BOARD OF:

 

 

Body

 

CIF

 

Province

 

Status

 

Participation percentage

 

 INDAR ELECTRIC SL

 

 B20597993

 

 GUIPUZCOA

 

 ACTIVE WITH PARTIAL DIVISION OF CAPITAL

 

 

 

 INDAR MAQUINAS HIDRAULICAS SL

 

 B20762613

 

 GUIPUZCOA

 

 ACTIVE

 

 

 

 PINE EQUIPOS ELECTRICOS SOCIEDAD ANONIMA

 

 A95212536

 

 VIZCAYA

 

 ACTIVE

 

 

 

 PINE INSTALACIONES Y MONTAJES SOCIEDAD ANONIMA

 

 A48713416

 

 VIZCAYA

 

 ACTIVE WITH PARTIAL DIVISION OF CAPITAL

 

 

 

 

 

 

REGISTRY DATA

 

 

 

Mercantile Registry:

 

VIZCAYA

 

Register Data:

 

8 Hoja Registral: 59310

 

Date of formation:

 

19/10/2011

 

Corporate Purpose published in the Borme:

 

DISEÑO, FABRICACIÓN, VENTA, REPARACIÓN, TRANSFORMACION, CONVERSIÓN, DE EQUIPOS MECANICOS, ELECTRICOS Y ELECTRÓNICOS. OBRAS PARA INSTALACIONES DE GENERACION Y DISTRIBUCION ENERGETICA . FECHA DE PUBLICACION 10/07/2014

 

Registered Office:

 

C/ PQUE, PARQUE TECNOLOGICO DE BIZKAIA - EDIFICIO.  -ZAMUDIO-   VIZCAYA

 

 

 

 

CHRONOLOGICAL SUMMARY

 

 

Note:   wordml://2640  Important      wordml://2642  Very Important

 

 

2011

 

Appointments/ Re-elections (38)

Company Formation (1)

Description: 2658Declaration of Sole Propietorship (1)

Description: 2661Take-over Merger (3)

 

2012

 

Accounts deposit (year 2011)

Appointments/ Re-elections (5)

Cessations/ Resignations/ Reversals (1)

Description: 2675Loss of the sole propietorship condition (1)

Description: 2678Take-over Merger (2)

 

2013

 

Accounts deposit (year 2012)

Appointments/ Re-elections (11)

Cessations/ Resignations/ Reversals (3)

 

2014

 

Accounts deposit (year 2013)

Appointments/ Re-elections (3)

Cessations/ Resignations/ Reversals (2)

Description: 2703Change of Social Purpose (1)

 

2015

 

Accounts deposit (year 2014)

Appointments/ Re-elections (2)

Cessations/ Resignations/ Reversals (1)

 

 

 

 

MAIN HISTORIC CHANGES

 

  

 

Concept

 

Publication

 

Act

 

Date

 

 

 

 

 

Corporate Purpose Changes:

 

DISEÑO, FABRICACIÓN, VENTA, REPARACIÓN, TRANSFORMACION, CONVERSIÓN, DE EQUIPOS MECANICOS, ELECTRICOS Y ELECTRÓNICOS

 

Company Formation

 

21/11/2011

 

 

 

 

BREAKDOWN OF OWNERS EQUITY

 

 

 

Current Notarised Capital:

 

100.000   EUROS

 

Current Paid-up Capital:

 

100.000   EUROS

 

 

 

 

UPDATED EVOLUTION OF THE SUBSCRIBED AND PAID-IN CAPITAL

 

  

 

Inscription date

 

Type of Registration

 

Capital Subscribed

 

Paid up capital

 

Underwritten result

 

Disbursed Result

 

09/11/2011

 

Company Formation

 

 100.000€

 

 100.000€

 

 100.000€

 

 100.000€

 

 

 

 

 

ACTIVE SOCIAL BODIES

 

 

 

Published Post

 

Social Body Name

 

Registration Date

 

PRESIDENT

 

INGETEAM SOCIEDAD ANONIMA

 

09/11/2011

 

MEMBER OF THE BOARD

 

INDAR ELECTRIC SOCIEDAD LIMITADA

 

09/11/2011

 

MEMBER OF THE BOARD

 

INDAR MAQUINAS HIDRAULICAS SOCIEDAD LIMITADA

 

09/11/2011

 

MEMBER OF THE BOARD

 

INGETEAM SERVICE SOCIEDAD ANONIMA

 

09/11/2011

 

MEMBER OF THE BOARD

 

INGETEAM SOCIEDAD ANONIMA

 

09/11/2011

 

MEMBER OF THE BOARD

 

PINE EQUIPOS ELECTRICOS SOCIEDAD ANONIMA

 

09/11/2011

 

MEMBER OF THE BOARD

 

PINE INSTALACIONES Y MONTAJES SOCIEDAD ANONIMA

 

09/11/2011

 

PROXY

 

ALCITURRI IMAZ ALFONSO

 

20/12/2011

 

PROXY

 

ALCITURRI IMAZ FERNANDO

 

16/07/2014

 

PROXY

 

ARANA ZUBIMENDI JON

 

27/03/2014

 

PROXY

 

ARRATIBEL JAUREGUI JOSE MARIA

 

20/12/2011

 

PROXY

 

AZNAR ESCO JOSE JAVIER

 

19/12/2011

 

PROXY

 

BACAICOA GORRITI MIKEL

 

10/01/2013

 

PROXY

 

BARRONDO AMOR AITOR

 

03/05/2013

 

PROXY

 

BOUZA ALBERDI ALEJANDRO

 

03/05/2013

 

PROXY

 

CALLEJA GAÑAN JAVIER FRANCISCO

 

20/12/2011

 

PROXY

 

COLOMA CALAHORRA JAVIER

 

20/12/2011

 

PROXY

 

CORDOBA RUIZ ARTURO

 

16/07/2014

 

PROXY

 

CRESPO PANIAGUA SANTIAGO

 

20/12/2011

 

PROXY

 

ELORRIAGA LLANOS JOSU

 

03/05/2013

 

PROXY

 

ETXEBESTE PEREZ JOSE JAVIER

 

20/12/2011

 

PROXY

 

FERNANDEZ GONZALEZ MARTA

 

19/12/2011

 

PROXY

 

GALDIZ VALDOVINOS RICARDO

 

03/05/2013

 

PROXY

 

GARCIA DE EULATE LOPEZ FELIPE

 

19/12/2011

 

PROXY

 

GIMENEZ SAINZ DE LA MAZA EDUARDO

 

11/01/2012

 

PROXY

 

GUERRERO AGOS ALBERTO

 

21/12/2011

 

PROXY

 

GURPEGUI INSAUSTI JESUS JAVIER

 

19/12/2011

 

PROXY

 

HERRERO GARCIA GUILLERMO

 

20/12/2011

 

PROXY

 

INZA ILUNDAIN JAVIER

 

20/12/2011

 

PROXY

 

ISPIZUA MOLTO JON

 

20/12/2011

 

PROXY

 

IZAOLA AZCONA BEÑAT

 

03/05/2013

 

PROXY

 

JADRAQUE AZNAREZ JUAN CARLOS

 

20/12/2011

 

PROXY

 

JIMENEZ NOVOA ALBERTO

 

20/12/2011

 

PROXY

 

MADARIAGA URIZAR MIKEL

 

10/01/2013

 

PROXY

 

MAYOR LUSARRETA JESUS

 

19/12/2011

 

PROXY

 

NEGUERUELA HENALES SUSANA

 

20/12/2011

 

PROXY

 

NUÑEZ DE LA PARTE INES

 

11/01/2012

 

PROXY

 

OJEDA PICHEL FRANCISCO JAVIER

 

02/01/2013

 

PROXY

 

OLEA UNAMUNO FRANCISCO JAVIER

 

15/02/2012

 

PROXY

 

ORUE OSEGUERA PATRICIA

 

20/12/2011

 

PROXY

 

PEDROSA GOMEZ EDUARDO

 

03/05/2013

 

PROXY

 

RIOJA MONTERO FRANCISCO JAVIER

 

10/01/2013

 

PROXY

 

RODRIGUEZ JIMENEZ JOSE LUIS

 

20/12/2011

 

PROXY

 

RUIZ MADARIAGA ALBERTO JESUS

 

19/12/2011

 

PROXY

 

SAGASTI ARRIEN DAVID

 

20/12/2011

 

PROXY

 

SANTA MARIA IRUZUBIETA MARIA

 

19/12/2011

 

PROXY

 

SANTIBAÑEZ SAENZ OSCAR

 

10/02/2015

 

PROXY

 

SEBASTIAN JIMENEZ LUIS

 

19/12/2011

 

PROXY

 

SOBALER DIEZ JOSE LUIS

 

20/12/2011

 

PROXY

 

SOLE LOPEZ DAVID

 

18/02/2015

 

SECRETARY

 

INDAR MAQUINAS HIDRAULICAS SOCIEDAD LIMITADA

 

09/11/2011

 

ACCOUNTS' AUDITOR / HOLDER

 

PRICEWATERHOUSECOOPERS SOCIEDAD LIMITADA

 

02/01/2013

 

 

 

 

HISTORICAL SOCIAL BODIES

 

  

Formerly Active Governing Bodies - Total: 21

 

Social Body's Name

 

Post published

 

End Date

 

Other Positions in this Company

 

AINHOA MENDIGUREN MARTINEZ

 

PROXY

 

21/12/2011

 

2

 

 

PROXY

 

08/11/2013

 

 

ALBERTO JESUS RUIZ MADARIAGA

 

PROXY

 

19/12/2011

 

2

 

ALFONSO ALCITURRI IMAZ

 

PROXY

 

20/12/2011

 

2

 

ANGEL LAURRIETA PAGOAGA

 

PROXY

 

15/02/2012

 

2

 

 

PROXY

 

08/11/2013

 

 

ARTURO CORDOBA RUIZ

 

PROXY

 

16/07/2014

 

2

 

DAVID SAGASTI ARRIEN

 

PROXY

 

20/12/2011

 

2

 

DAVID SOLE LOPEZ

 

PROXY

 

18/02/2015

 

2

 

DELOITTE SOCIEDAD LIMITADA

 

ACCOUNTS' AUDITOR / HOLDER

 

19/12/2012

 

1

 

FELIPE GARCIA EULATE LOPEZ

 

PROXY

 

19/12/2011

 

2

 

FERNANDO ALCITURRI IMAZ

 

PROXY

 

16/07/2014

 

2

 

FRANCISCO JAVIER OLEA UNAMUNO

 

PROXY

 

15/02/2012

 

2

 

GREGORIO RIVAS BARRICARTE

 

PROXY

 

02/01/2013

 

1

 

INGETEAM INVERSIONES SOCIEDAD LIMITADA

 

MEMBER OF THE BOARD

 

24/07/2015

 

2

 

 

SINGLE PARTNER

 

03/05/2012

 

 

JESUS RODRIGUEZ ANDRES

 

PROXY

 

03/05/2013

 

1

 

JON ARANA ZUBIMENDI

 

PROXY

 

20/12/2011

 

3

 

 

PROXY

 

27/03/2014

 

 

JOSE MARIA ARRATIBEL JAUREGUI

 

PROXY

 

20/12/2011

 

2

 

JOSEBA ANDONI BLAS BILBAO

 

PROXY

 

08/10/2014

 

1

 

MARTA FERNANDEZ GONZALEZ

 

PROXY

 

19/12/2011

 

2

 

PATRICIA ORUE OSEGUERA

 

PROXY

 

20/12/2011

 

2

 

PEDRO ANTONIO REBOLLAR BULDAIN

 

PROXY

 

25/06/2014

 

1

 

SUSANA NEGUERUELA HENALES

 

PROXY

 

20/12/2011

 

2

 

 

 

 

NEWS CLIPPINGS

 

 

 News published in daily newspapers or magazines

 

 

El Correo Digital

 

11/03/2014

 

Ingeteam busca tcnicas contra el hielo

 

 

 

 

 

SECTORS OF INTEREST THAT HAVE CONSULTED THIS ENTERPRISE

 

 

 

Sector

 

2011

(32)

 

2012

(142)

 

2013

(193)

 

2014

(105)

 

2015

(53)

 

 

INSURANCE AND FINANCIAL SERVICES

 

 

30

 

22

 

15

 

10

 

 

HOTEL MANAGEMENT AND TOURISM

 

 

22

 

44

 

1

 

 

 

AUDITORS, ECONOMISTS AND CONSULTANTS

 

12

 

8

 

14

 

12

 

4

 

 

PUBLIC ADMINISTRATION

 

2

 

17

 

12

 

10

 

5

 

 

WHOLESALERS AND MIDDLEMEN

 

2

 

13

 

13

 

7

 

4

 

 

INDIVIDUALS

 

5

 

8

 

6

 

14

 

2

 

 

TELECOMMUNICATION

 

 

5

 

21

 

5

 

2

 

 

LAWYERS

 

 

 

14

 

7

 

5

 

 

MISCELLANEOUS SECTORS

 

 

 

10

 

5

 

10

 

 

MARKETING/PUBLICITY AND PUBLIC RELATIONS

 

 

 

15

 

3

 

3

 

 

PRESS, EDITORIAL AND NEWS AGENCIES

 

5

 

3

 

5

 

8

 

 

 

BUILDING INDUSTRY / REAL ESTATE AND PUBLIC WORKS

 

 

6

 

5

 

2

 

 

 

COMMISSIONER FOR THE OATHS

 

4

 

5

 

 

4

 

 

 

COMPUTER SCIENCE, OFFIMATIC AND ELECTRONIC

 

 

2

 

 

4

 

2

 

 

AGENCIES AND CONSULTANCIES

 

 

2

 

2

 

3

 

 

 

PRODUCTION OF MATERIALS AND RAW MATERIALS

 

 

3

 

3

 

1

 

 

 

VEHICLES, SPARE PARTS AND ACCESSORIES

 

 

2

 

 

2

 

2

 

 

ASSOCIATIONS, ORGANISATIONS, POLITICAL PARTIES

 

 

3

 

2

 

 

 

 

MANUFACTURE AND RENT OF MACHINERY, ELECTRIC MATERIAL AND PRECISSION EQUIPMENT

 

2

 

1

 

 

 

2

 

 

TRANSPORT AND GOODS

 

 

2

 

2

 

 

 

 

RETAIL DEALERS- COMMERCIAL ESTABLISHMENTS

 

 

 

3

 

1

 

 

 

CLEANING SERVICE

 

 

3

 

 

1

 

 

 

MANUFACTURE, REPAIR AND RENT OF CONSUMER GOODS

 

 

3

 

 

 

 

 

ENERGY

 

 

2

 

 

 

 

 

TRADE REPORTS

 

 

2

 

 

 

 

 

EDUCATION, RESEARCH, ART AND CULTURE

 

 

 

 

 

2

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.25

UK Pound

1

Rs.102.25

Euro

1

Rs.72.20

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

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.