MIRA INFORM REPORT
|
Report No. : |
353674 |
|
Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
MONTY CZ S.R.O. |
|
|
|
|
Registered Office : |
Lannova 2061/8, 110 00 Praha 1 |
|
|
|
|
Country : |
Czech Republic |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
24.06.2009 |
|
|
|
|
Com. Reg. No.: |
C 153264 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Business
activity, import and export of leather goods, textile, advertising articles,
carpets, plastic products. |
|
|
|
|
No. of Employee : |
4 (2015) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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) |
|
Czech Republic |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CZECH REPUBLIC - ECONOMIC OVERVIEW
The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. The auto industry is the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell sharply in 2009. The economy slowly recovered in the second half of 2009 and registered weak growth in the next two years. In 2012 and 2013, however, the economy fell into a recession again, due both to a slump in external demand in the EU and to the government’s austerity measures, returning to weak growth in 2014. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
|
Source
: CIA |
Company
identification
|
MONTY
CZ S.R.O. |
|
Telephone |
00420/
261 912 591 |
|
|
Lannova
2061/8 |
|
telefax |
00420/
261 912 594 |
|
|
110
00 Praha 1 |
|
e-mail |
info@montycz.eu |
|
|
Czech
Republic |
|
Web |
www.montycz.eu |
|
|
|
|
|
|
|
|
|
|
Registration: |
Mestskˇy´
soud v Praze |
|
|
Statistical
Nr. |
28921003 |
Registration
Nr. |
C
153264 |
|
|
Tax
Nr. |
CZ28921003 |
Status |
activ |
|
Economic
situation
|
Business
connection |
Business
connections are not denied |
|
(41) |
|
|
|
|
|
|
Terms
of payment |
no
complaints |
(39) |
Basic
information
Legal form
Private
limited company
Founded
24/06/2009
as Private limited company
Registration
24/06/2009,
Mestskˇy´ soud v Praze, C 153264
Statistical
Nr.: 28921003
Tax
Nr.: CZ28921003
Registered names
|
Valid
from |
Trade
name(s) |
Valid
until |
|
24/06/2009 |
MONTY
CZ s.r.o. |
|
Owners
and Capital
|
|
Name
/ Address / Status |
|
From |
|
Share |
|
|
|
|
|
|
|
|
|
|
|
Gurvinder
Walia (birth date 16/02/1973) |
|
10/08/2011 |
|
125,000 |
CZK |
|
|
Jordana
Jovkova 3254/7, 143 00 Praha 4 Czech |
|
|
|
|
|
|
|
Republic |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ing.
Husam Khallad (birth date 18/11/1967) |
|
10/08/2011 |
|
125,000 |
CZK |
|
|
Kyjovska´
1986/15, 142 00 Praha 4 - Krcˇ Czech |
|
|
|
|
|
|
|
Republic |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pavla
Dolejsovˇa´ (birth date 11/02/1969) |
|
10/08/2011 |
|
125,000 |
CZK |
|
|
K
Lukam´ 288/17, 142 00 Praha 4 Czech Republic |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rajiv
Bhargava (birth date 24/08/1957) |
|
10/08/2011 |
|
100,000 |
CZK |
|
|
K
Lukam´ 288/17, 142 00 Praha 4 Czech Republic |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ramit
Bhargava (birth date 22/02/1983) |
|
10/08/2011 |
|
25,000 |
CZK |
|
|
Distt.
Lucknow, Latouche Road, Near Budha |
|
|
|
|
|
|
|
Temple
154 India |
|
|
|
|
|
|
Total
capital |
|
|
|
|
500,000
CZK |
|
Registered capital
|
Date |
Currency |
Value |
|
24/06/2009 |
CZK |
200,000 |
|
|
|
|
|
10/08/2011 |
CZK |
500,000 |
|
|
|
|
Management
|
Name
/ Address / Status |
|
Since |
Power
of attorney |
|
Executive
Manager |
|
24/06/2009 |
|
|
Pavla
Dolejsovˇa(birth´ date 11/02/1969) |
|
|
|
|
K
Lukam´ 288/17, 142 00 Praha 4 Czech Republic |
|
|
|
|
Executive
Manager |
18/01/2010 |
|
|
|
Ramit
Bhargava(birth date 22/02/1983)
Temple
154 India |
|
|
|
Company addresses
|
Valid
from |
|
Address |
|
Valid
until |
|
10/08/2011 |
|
Lannova
2061/8, 110 00 Praha 1, Czech Republic |
|
|
|
24/06/2009 |
|
Kubel´ıkova
1224/42, 130 00 Praha 3, Czech Republic |
|
10/08/2011 |
|
Valid
from |
|
Office
address |
|
Valid
until |
|
|
|
Meteorologicka´
792/29, 142 00 Praha 4, Czech Republic |
|
|
Business
activities
|
Main
activity |
|
Nace |
|
Other
specialized wholesale |
|
46.70 |
|
|
|
|
|
Additional
activities |
|
Nace |
Business
activity, import and export of leather goods, textile, \ advertising articles,
carpets, plastic products.
Economic
data
Turnover and
Employees
|
Date |
|
Turnover |
|
Employees |
|
|
2010 |
|
6,887,000 |
CZK |
|
|
|
|
|
|
|
|
|
|
2011 |
16,622,000 |
CZK |
4 |
||
|
|
|
|
|
|
|
|
2015 |
|
|
|
4 |
|
Import / Export
|
|
|
Import |
|
Export |
|
Percentage |
|
Unknown |
|
Unknown |
|
|
|
|
|
|
|
Countries |
|
Unknown |
|
European
Union |
Supplementary
data
Remarks
All
the sources of negative data accessible to public (insolvency registers,
databases of debtors of health insurance insti-tutions, commercial bulletin,
collection database of Creditreform and others) are currently monitored.
The
company contrary to the Act on Accounting did not store its current final
accounts to the Companies Register. The company was challenged to fulfil its
duty to store its final account at the Companies Register.
We
have asked the firm management in written form to send final account. In case
that we receive account statements, we will send you a.
The
company has started its activities in the year 2010.
Contact:
Pavla
Dolejsovˇa´ - executive head, executive director, phone: 00420/ 606 788
233, e-mail: dolejsova@montycz.eu Gurvinder Walia - financial director,
phone:
00420/ 777 594 599
Banks
|
Code |
|
Bank
name / Address |
|
Account
Nr. |
|
0300 |
|
ˇ |
|
230291720/0300 |
|
|
Ceskoslovenska´
obchodn´ı banka, a. s. |
|
Main
indices
Payment
experience and credit opinion
|
Terms
of payment |
|
no
complaints |
|
(39) |
|
Business
connection |
|
Business
connections are not denied |
|
(41) |
Business development
|
Company
development |
|
Constant
company development |
|
(30) |
|
Order
situation |
|
Satisfactory
order situation |
|
(30) |
Events
No
negative events registered.
Per
09/12/2015 the company was examined in a Central register of executions and no were
found.
Balance
Dec
31, 2011 The enclosed balance of 2011 from business register, -.
Dec
31, 2010 The enclosed balance of 2010 from business register, -.
Dec
31, 2009 The enclosed balance of 2009 from business register, -.
|
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
Name |
Ref. |
1000 |
1000 |
1000 |
|
|
CZK |
CZK |
CZK |
|||
|
|
|
||||
|
|
|
balance |
balance |
balance |
|
|
|
|
|
|
|
|
|
TOTAL
ASSETS |
r1 |
6,377 |
2,397 |
211 |
|
|
|
|
|
|
|
|
|
Receivables
for subscriptions |
r2 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Fixed
assets |
r3 |
554 |
122 |
0 |
|
|
|
|
|
|
|
|
|
Intangible
fixed assets |
r4 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Tangible
fixed assets |
r13 |
554 |
122 |
0 |
|
|
|
|
|
|
|
|
|
Long-term
financial assets |
r23 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Current
assets |
r31 |
5,823 |
2,275 |
211 |
|
|
|
|
|
|
|
|
|
Inventory |
r32 |
1,196 |
253 |
0 |
|
|
|
|
|
|
|
|
|
Trade
receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term
receivables |
r39 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Short-term
receivables |
r48 |
3,651 |
1,653 |
69 |
|
|
|
|
|
|
|
|
|
Short-term
financial assets |
r58 |
976 |
369 |
142 |
|
|
|
|
|
|
|
|
|
Accruals |
r63 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
TOTAL
LIABILITIES |
r67 |
6,377 |
2,397 |
211 |
|
|
|
|
|
|
|
|
|
Equity |
r68 |
4,650 |
593 |
209 |
|
|
|
|
|
|
|
|
|
Registered
capital |
r69 |
200 |
200 |
200 |
|
|
|
|
|
|
|
|
|
Capital
funds |
r73 |
3,619 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Reserve
funds, statutory reserve account for |
r78 |
0 |
0 |
0 |
|
|
cooperatives,
and other retained earnings |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit
/ loss - previous years |
r81 |
393 |
9 |
0 |
|
|
|
|
|
|
|
|
|
Profit
/ loss - current year (+/-) |
r84 |
438 |
384 |
9 |
|
|
|
|
|
|
|
|
|
Decided
on advance for payment of a profit |
|
|
|
|
|
|
share |
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
r85 |
1,727 |
1,804 |
2 |
|
|
|
|
|
|
|
|
|
Reserves |
r86 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
Long-term
payables |
r91 |
0 |
0 |
0 |
|
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
Name |
Ref. |
1000 |
1000 |
1000 |
|
|
CZK |
CZK |
CZK |
|||
|
|
|
||||
|
|
|
balance |
balance |
balance |
|
|
|
|
|
|
|
|
|
Short-term
payables |
r102 |
1,637 |
1,658 |
2 |
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
Bank
loans and financial accommodations |
r114 |
90 |
146 |
0 |
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
Accruals |
r118 |
0 |
0 |
0 |
Profit
and loss accounts
Dec
31, 2011 The enclosed profit/loss account of 2011 from business register, -.
Dec
31, 2010 The enclosed profit/loss account of 2010 from business register, -.
Dec
31, 2009 The enclosed profit/loss account of 2009 from business register, -.
|
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
1000 |
1000 |
1000 |
|
Name |
Ref. |
CZK |
CZK |
CZK |
|
|
|
profit/loss |
profit/loss |
profit/loss |
|
|
|
account |
account |
account |
|
|
|
|
|
|
|
Turnover |
a1 |
16,622 |
6,887 |
75 |
|
|
|
|
|
|
|
Revenues
from sold goods |
a2 |
16,440 |
6,748 |
0 |
|
|
|
|
|
|
|
Expenses
on sold goods |
a3 |
14,378 |
4,875 |
0 |
|
|
|
|
|
|
|
Sale
margin |
a4 |
2,062 |
1,873 |
0 |
|
|
|
|
|
|
|
Production |
a5 |
182 |
139 |
75 |
|
|
|
|
|
|
|
Production
consumption |
a9 |
1,191 |
1,200 |
54 |
|
|
|
|
|
|
|
Added
value |
a12 |
1,053 |
812 |
21 |
|
|
|
|
|
|
|
Personnel
expenses |
a13 |
311 |
250 |
0 |
|
|
|
|
|
|
|
Taxes
and fees |
a18 |
20 |
16 |
9 |
|
|
|
|
|
|
|
Depreciations
of intangible and tangible assets |
a19 |
0 |
0 |
|
|
|
|
|
|
|
|
Revenues
from disposals of fixed assets and |
a20 |
0 |
0 |
0 |
|
materials |
|
|
|
|
|
|
|
|
|
|
|
Net
book value of disposed fixed assets and |
a23 |
0 |
0 |
0 |
|
materials |
|
|
|
|
|
|
|
|
|
|
|
Change
in operating reserves and adjustments |
a26 |
0 |
0 |
0 |
|
and
complex deferred costs ( + / - ) |
|
|
|
|
|
|
|
|
|
|
|
Other
operating revenues |
a27 |
0 |
0 |
0 |
|
|
|
|
|
|
|
Other
operating expenses |
a28 |
90 |
0 |
0 |
|
|
|
|
|
|
|
Transfer
of operating revenues |
a29 |
0 |
0 |
|
|
|
|
|
|
|
|
Transfer
of operating expenses |
a30 |
0 |
0 |
|
|
|
|
|
|
|
|
Operating
profit / loss |
a31 |
632 |
546 |
12 |
|
|
|
|
|
|
|
Revenues
from sales of securities and ownership |
a32 |
0 |
0 |
|
|
interests |
|
|
|
|
|
|
|
|
|
|
|
Sold
securities and ownership interests |
a33 |
0 |
0 |
|
|
|
|
|
|
|
|
Revenues
from long-term financial assets |
a34 |
0 |
0 |
|
|
|
|
|
|
|
|
Revenues
from short-term financial assets |
a38 |
0 |
0 |
|
|
|
|
|
|
|
|
Expenses
associated with financial assets |
a39 |
0 |
0 |
|
|
|
|
|
|
|
|
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
1000 |
1000 |
1000 |
|
Name |
Ref. |
CZK |
CZK |
CZK |
|
|
|
profit/loss |
profit/loss |
profit/loss |
|
|
|
account |
account |
account |
|
|
|
|
|
|
|
Revenues from
revaluation of securities
and |
a40 |
0 |
0 |
|
|
derivatives |
|
|
|
|
|
|
|
|
|
|
|
Cost
of revaluation of securities and derivatives |
a41 |
0 |
0 |
|
|
|
|
|
|
|
|
Change
in financial reserves and adjustments ( + |
a42 |
0 |
0 |
|
|
/
- ) |
|
|
|
|
|
|
|
|
|
|
|
Interest
revenues |
a43 |
0 |
0 |
0 |
|
|
|
|
|
|
|
Interest
expenses |
a44 |
7 |
0 |
0 |
|
|
|
|
|
|
|
Other
financial revenues |
a45 |
95 |
73 |
0 |
|
|
|
|
|
|
|
Other
financial expenses |
a46 |
175 |
145 |
1 |
|
|
|
|
|
|
|
Transfer
of financial revenues |
a47 |
0 |
0 |
|
|
|
|
|
|
|
|
Transfer
of financial expenses |
a48 |
0 |
0 |
|
|
|
|
|
|
|
|
Profit
/ loss from financial operations ( trans- |
a49 |
-87 |
-72 |
-1 |
|
actions
) |
|
|
|
|
|
|
|
|
|
|
|
Income
tax on ordinary income |
a50 |
106 |
90 |
2 |
|
|
|
|
|
|
|
Operating
profit / loss ordinary activity |
a53 |
439 |
384 |
9 |
|
|
|
|
|
|
|
Extraordinary
revenues |
a54 |
0 |
0 |
|
|
|
|
|
|
|
|
Extraordinary
expenses |
a55 |
1 |
0 |
|
|
|
|
|
|
|
|
Income
tax on extraordinary income |
a56 |
0 |
0 |
|
|
|
|
|
|
|
|
Operating
profit / loss extraordinary activity |
a59 |
-1 |
0 |
0 |
|
|
|
|
|
|
|
Transfer
profit ( loss ) to partners (+/-) |
a60 |
0 |
0 |
|
|
|
|
|
|
|
|
Profit
/ loss of current accounting period (+/-) |
a61 |
438 |
384 |
9 |
|
|
|
|
|
|
|
Profit
/ loss before tax (+/-) |
a62 |
544 |
474 |
11 |
|
|
|
|
|
|
|
Operating
cash flow |
|
|
|
|
|
|
|
|
|
|
|
Investment
cash flow |
|
|
|
|
|
|
|
|
|
|
|
Financial
cash flow |
|
|
|
|
|
|
|
|
|
|
|
Receivables
after due date total |
|
0 |
|
|
|
|
|
|
|
|
|
Receivables
more than 360 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Receivables
more than 180 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Receivables
more than 90 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Receivables
more than 60 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Receivables
more than 30 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Receivables
less than 30 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
after due date total |
|
0 |
|
|
|
|
|
|
|
|
|
Liabilities
more than 360 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
more than 180 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
more than 90 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
more than 60 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
more than 30 days after due date |
|
|
|
|
|
|
|
|
|
|
|
Liabilities
less than 30 days after due date |
|
|
|
|
|
|
|
|
|
|
Financial
Ratios
|
Name |
Ref. |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|||
|
Return
on total assets ROA (in %) |
1 |
8.53 |
19.77 |
5.21 |
|
|
|
|
|
|
|
|
|
Return
on equity ROE (in %) |
2 |
11.70 |
79.93 |
5.26 |
|
|
|
|
|
|
|
|
|
Return
on sales ROS (in %) |
3 |
11.95 |
25.12 |
53.53 |
|
|
|
|
|
|
|
|
|
Turnover
of receivables (in days) |
4 |
|
|
|
|
|
|
|
|
|
|
|
|
Turnover
of liabilities (in days) |
5 |
|
|
|
|
|
|
|
|
|
|
|
|
Turnover
of inventories (days) |
6 |
26.26 |
13.41 |
0.00 |
|
|
|
|
|
|
|
|
|
Net
working capital (in ths. CZK) |
7 |
4186.00 |
617.00 |
209.00 |
|
|
|
|
|
|
|
|
|
Ratio
of accounts payable to accounts receivable |
8 |
223.03 |
99.70 |
3450.00 |
|
|
(in
%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio
of profit/loss to tangible assets (in%) |
9 |
3.33 |
1.77 |
0.00 |
|
|
|
|
|
|
|
|
|
Current
ratio |
10 |
|
|
|
|
|
|
|
|
|
|
|
|
Quick
ratio |
11 |
2.83 |
1.22 |
105.50 |
|
|
|
|
|
|
|
|
|
Cash
ratio |
12 |
|
|
|
|
|
|
|
|
|
|
|
|
Debt
ratio I (in %) |
13 |
27.08 |
75.26 |
0.95 |
|
|
|
|
|
|
|
|
|
Debt
ratio II (in %) |
14 |
27.08 |
75.26 |
0.95 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.85 |
|
|
1 |
Rs.100.58 |
|
Euro |
1 |
Rs.73.16 |
|
CZK |
1 |
Rs. 2.68 |
Note :
Above are approximate rates obtained from sources believed to be correct
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.