MIRA INFORM REPORT
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Report No. : |
337509 |
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Report Date : |
20.08.2015 |
IDENTIFICATION DETAILS
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Name : |
PTMD RETAIL B.V. |
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Registered Office : |
Pietseweg 13A 4751RT Oud Gastel |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
01.03.2011 |
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Com. Reg. No.: |
KvK-nummer: 52273016 |
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Legal Form : |
Private company with common structure |
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Line of Business : |
[Note: We tried to confirm
/ obtain the detailed activity but the same is not available from any sources] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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) |
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Netherlands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
NETHERLANDS ECONOMIC OVERVIEW
The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and moderate unemployment. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for food-processing and underpins the country’s status as the world’s second largest agricultural exporter. The Netherlands is part of the Eurozone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 90% of banking assets. The sector suffered as a result of the global financial crisis and required billions of dollars of government support, but the European Banking Authority completed stringent reviews in 2014 and deemed Dutch banks to be well-capitalized. To address the 2009 and 2010 economic downturns, the government sought to stimulate the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credits. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE has since implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. As a result, the government budget deficit at the end of 2014 dropped to 1.8% of GDP. Following a protracted recession during which unemployment doubled to 7.4% and household consumption contracted for nearly three consecutive years, the year 2014 saw fragile GDP growth of 0.8 percent and a rise in most economic indicators. Drivers of growth included increased exports and business investments, as well as newly invigorated household consumption.
|
Source
: CIA |
Summary
Company
name PTMD Retail
B.V.
Operative
address Pietseweg 13A
4751RT OUD GASTEL
Netherlands
Legal
form Private company
with common structure
Registration
number KvK-nummer: 52273016
VAT-number
850372008
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Total receivables |
|
|
|
-100,00 |
36.382 |
|
Total equity |
-20.137 |
78,23 |
-92.482 |
-95,18 |
-47.383 |
|
Short term liabilities |
28.364 |
24,10 |
22.856 |
160,76 |
8.765 |
|
Working capital |
-20.137 |
-39,05 |
-14.482 |
-152,44 |
27.617 |
|
Quick ratio |
0,29 |
-21,62 |
0,37 |
-91,08 |
4,15 |
Contact
information
Company
name PTMD Retail B.V.
Trade
names PTMD Retail B.V.
Operative
address Pietseweg 13A
4751RT OUD GASTEL
Netherlands
Correspondence
address Pietseweg 13A
4751RT OUD GASTEL
Netherlands
Telephone
number 0165-517000
Fax
number 0165 517017
Email
address info@ptmd.nl
Registration
Registration
number KvK-nummer: 52273016
Registered
in Kamer van Koophandel
Zuidwest-Nederland
Branch
number 000022220313
VAT-number
850372008
Status
Active
First
registration company
register
2011-05-04
Memorandum
2011-05-04
Establishment
date 2011-03-01
Legal
form Private company
with common structure
Legal
person since 2011-05-04
Issued
placed capital EUR 18.000
Paid
up share capital EUR 18.000
Activities
SBI
7490: Other specialised
business services
Exporter
No
Importer
No
Goal
Het opzetten van
retailactiviteiten, door middel van shop in shop en
dergelijke, waarbij onder meer wordt gezocht
naar ondernemers die van
een franchiseformule gebruik willen maken
Relations
Shareholders
Pot en Mand
Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel
Netherlands
Registration number: 242418440000
Spirea B.V.
Bergse Linker Rottekade 238
3056LG ROTTERDAM
Netherlands
Registration number: 271921300000
Companies
on same address Pietseweg Beheer B.V.
Registration number: 243541120000
Stichting Administratiekantoor Pietseweg
Beheer
Registration number: 201130260000
Stichting Kids HCM
Registration number: 243675420000
VAN OPDORP HOLDING B.V.
Registration number: 243006800000
Middenweg Beheer B.V.
Registration number: 342976930000
Stichting Administratiekantoor Middenweg Beheer
Registration number: 342970480000
PTMD Mid-Europe B.V.
Registration number: 201439290000
PTMD West-Europe B.V.
Registration number: 201439390000
Management
Active
management Spirea B.V.
Bergse Linker Rottekade 238
3056LG ROTTERDAM
Netherlands
Registration number: 271921300000
Competence: Fully authorized
Function: Manager
Starting date: 2011-05-04
Pot en Mand Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel
Netherlands
Registration number: 242418440000
Competence: Fully authorized
Function: Manager
Starting date: 2011-05-04
Key
figures
|
Year |
2013 |
2012 |
2011 |
|
Quick ratio |
0,29 |
0,37 |
4,15 |
|
Current ratio |
0,29 |
0,37 |
4,15 |
|
Working capital/ balance total |
-2,45 |
-1,73 |
0,76 |
|
Equity / balance total |
-2,45 |
-11,04 |
-1,30 |
|
Equity / liabilities |
-0,71 |
-0,92 |
-0,57 |
|
Balance total / liabilities |
0,29 |
0,08 |
0,43 |
|
Working capital |
-20.137 |
-14.482 |
27.617 |
|
Equity |
-20.137 |
-92.482 |
-47.383 |
|
Mutation equity |
78,23 |
-95,18 |
|
|
Mutation short term liabilities |
24,10 |
160,76 |
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Summary
The 2013 financial result structure is a
negative working captial of -20.137 euro, which is in agreement with -245 % of
the total assets of the company.
The
working capital has diminished with -39.05 % compared to previous year. The
ratio, with respect to the total assets of the company has however, declined.
The
deterioration between 2012 and 2013 has mainly been caused by an increase of
the current liabilities.
The
current ratio of the company in 2013 was 0.29. When the current ratio is below
1.5, the company may have problems meeting its shortterm obligations.
The
quick ratio in 2013 of the company was 0.29. A company with a Quick Ratio of
less than 1 cannot currently pay back its current liabilities.
The
2012 financial result structure is a negative working captial of -14.482 euro,
which is in agreement with -173 % of the total assets of the company.
The
working capital has diminished with -152.44 % compared to previous year. The ratio,
with respect to the total assets of the company has however, declined.
The
deterioration between 2011 and 2012 has mainly been caused by an increase of
the current liabilities.
The
current ratio of the company in 2012 was 0.37. When the current ratio is below
1.5, the company may have problems meeting its shortterm obligations.
The
quick ratio in 2012 of the company was 0.37. A company with a Quick Ratio of
less than 1 cannot currently pay back its current liabilities.
Financial
statement
Last
annual account 2013
Remark
annual account There is no financial data
published
Type
of annual account Corporate
Annual
account PTMD
Retail B.V.
Pietseweg 13A
4751RT OUD GASTEL
Netherlands
Registration number: 522730160000
Balance
sheet
|
Year |
2013 |
2012 |
2011 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
|
Total receivables |
|
|
36.382 |
|
Liquid funds |
8.227 |
8.374 |
|
|
Current assets |
8.227 |
8.374 |
36.382 |
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Total assets |
8.227 |
8.374 |
36.382 |
|
Issued capital |
18.000 |
18.000 |
18.000 |
|
Other reserves |
-38.137 |
-110.482 |
-65.383 |
|
Total reserves |
-38.137 |
-110.482 |
-65.383 |
|
Total equity |
-20.137 |
-92.482 |
-47.383 |
|
Long term interest yielding debt |
|
78.000 |
75.000 |
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Long term liabilities |
|
78.000 |
75.000 |
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Short term liabilities |
28.364 |
22.856 |
8.765 |
|
Total short and long term liabilities |
28.364 |
100.856 |
83.765 |
|
Total liabilities |
8.227 |
8.374 |
36.382 |
Summary
The total assets of the company decreased
with -1.76 % between 2012 and 2013.
The asset reduction is in contrast with the equity
growth of 78.23 %.
Due to this the total debt decreased with
-71.88 %.
The total assets of the company decreased
with -76.98 % between 2011 and 2012.
The asset reduction results in an equity
decrease of -95.18 %.
Despite the decrease, the indebtness
increased with 20.4 %.
Analysis
Branch
(SBI) Industrial design,
photography, translation and other consultancy (SBI
code 74)
Region
West-Brabant
Summary
In the Netherlands 57714 of
the companies are registered with the SBI code 74
In the region West-Brabant 1771 of the
companies are registered with the SBI code 74
In the Netherlands 252 of the bankrupcties
are published within this sector
In the region West-Brabant 10 of the
bankruptcies are published within this sector
The risk of this specific sector in the
Netherlands is Low
The risk of this specific sector in the region West-Brabant is Low
Publications
Deposits
02-09-2014: De jaarrekening
over 2013 is gepubliceerd.
05-02-2014: De jaarrekening over 2012 is
gepubliceerd.
31-01-2013: De jaarrekening over 2011 is gepubliceerd.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.25 |
|
|
1 |
Rs.102.25 |
|
Euro |
1 |
Rs.72.19 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
ANK |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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.