|
Report No. : |
355880 |
|
Report Date : |
22.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
DIABEX NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 2-Bus, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
18.03.1997 |
|
|
|
|
Com. Reg. No.: |
460287962 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
LINE OF BUSINESS : |
WHOLESALE
OF DIAMONDS AND OTHER PRECIOUS STONES |
|
|
|
|
No. of Employee : |
2 |
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 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 a 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 |
DIABEX NV
|
Business number |
460287962 |
|
Branche Unit Number |
2081583079 |
|
Company name |
DIABEX NV |
|
Address |
HOVENIERSSTRAAT 2-BUS 201 |
|
|
2018 ANTWERPEN |
|
Number of staff |
2 |
|
Date of establishment |
18/03/1997 |
|
Telephone number |
032014878 |
|
Fax number |
032014878 |
The business was established over 18
years ago. The business has 2 employees.
Number of employees in the latest
trading period increased 60% on the
previous trading period.
The business has been at the
address for over 4 years.
A 21% decline in Total Assets
occurred during the latest trading period.
Pre-tax profits decreased by 28%
compared to the previous trading period.
The business saw an increase in
their Cash Balance of 993% during the
latest trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
103,013,255 |
146,537 |
10,021,947 |
13,589,735 |
|
31/12/2013 |
106,678,607 |
203,841 |
9,868,151 |
12,816,044 |
|
31/12/2012 |
94,787,654 |
410,851 |
9,654,506 |
12,711,501 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
41,120,618 |
2 |
8,560,410 |
231,694 |
|
31/12/2013 |
52,389,714 |
1 |
8,560,410 |
295,081 |
|
31/12/2012 |
49,208,751 |
1 |
8,560,410 |
485,164 |
|
Past payments |
|
Payment expectation days |
55.33 |
|
Industry average payment |
188.05 |
Industry average day
sales |
194.92 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
80.72 |
|
|
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business number |
460287962 |
Company name |
DIABEX NV |
|
Fax number |
032014878 |
Date founded |
18/03/1997 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
46761 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of diamonds and |
VAT Number |
BE.0460.287.962 Check VAT |
|
|
other precious stones |
|
number |
|
Belgian Bullettin of
Acts Publications |
moniteur belge |
|
|
|
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 |
|
|
JIC Code |
324 |
|
Description category |
Joint committee for the industry
and the trade in diamant |
|
Significant Events |
|
|
Event Date |
14/10/2011 |
|
Event Description |
|
|
Event Details |
De 25870 bestaande aandelen aan
toonder om te zetten in aandelen op
naam. 8623 van de 25870 |
|
|
bestaande aandelen worden omgezet in
aandelen zonder stemrecht en behoren
thans aan Shah |
|
|
Dipak. |
|
Event Date |
18/03/1997 |
|
Event Description |
Legal creation |
|
Event Details |
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
962,317 |
-7.49 |
1,040,215 |
-7.08 |
1,119,452 |
4.28 |
1,073,484 |
149 |
430,349 |
|
Intangible fixed assets |
0 |
- |
0 |
-100 |
807 |
-66.67 |
2,420 |
- |
0 |
|
Tangible fixed assets |
961,970 |
-7.49 |
1,039,868 |
-7.01 |
1,118,298 |
5.03 |
1,064,717 |
147 |
430,252 |
|
Land & building |
588,607 |
-2.44 |
603,348 |
-2.39 |
618,090 |
2.24 |
604,530 |
61.59 |
374,120 |
|
Plant & machinery |
299,964 |
-14.65 |
351,431 |
-12.87 |
403,330 |
14.29 |
352,912 |
3571 |
9,612 |
|
Furniture & Vehicles |
73,400 |
-13.74 |
85,089 |
-12.17 |
96,879 |
-9.69 |
107,276 |
130 |
46,519 |
|
Leasing & Other
Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
347 |
0 |
347 |
0 |
347 |
-94.53 |
6,347 |
6419 |
97 |
|
Total current assets |
40,158,301 |
-21.79 |
51,349,499 |
6.78 |
48,089,298 |
23.60 |
38,907,236 |
2.83 |
37,835,003 |
|
Inventories |
16,875,409 |
-10.83 |
18,924,415 |
-5.25 |
19,972,558 |
49.88 |
13,325,981 |
43.33 |
9,297,461 |
|
Raw materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
16,875,409 |
-10.83 |
18,924,415 |
-5.25 |
19,972,558 |
49.88 |
13,325,981 |
43.33 |
9,297,461 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
22,780,892 |
-28.64 |
31,925,756 |
15.75 |
27,580,921 |
12.68 |
24,477,129 |
-12.98 |
28,128,310 |
|
Other amounts receivable |
117,552 |
-71.52 |
412,823 |
-7.11 |
444,428 |
9.25 |
406,809 |
27.05 |
320,205 |
|
Cash |
320,072 |
993 |
29,268 |
-1.09 |
29,591 |
-95.30 |
629,241 |
2249 |
26,786 |
|
Miscellaneous current assets |
64,376 |
12.47 |
57,236 |
-7.38 |
61,799 |
-9.22 |
68,076 |
9.38 |
62,241 |
|
Total Assets |
41,120,618 |
-21.51 |
52,389,714 |
6.46 |
49,208,751 |
23.08 |
39,980,721 |
4.48 |
38,265,352 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
10,021,947 |
1.56 |
9,868,151 |
2.20 |
9,655,313 |
4.39 |
9,249,572 |
3.05 |
8,976,218 |
|
Issued share capital |
8,560,410 |
0 |
8,560,410 |
0 |
8,560,410 |
0 |
8,560,410 |
0 |
8,560,410 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
1,461,537 |
11.76 |
1,307,741 |
19.44 |
1,094,903 |
58.87 |
689,162 |
65.74 |
415,808 |
|
Provisions for Liabilities
& Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
31,098,671 |
-26.86 |
42,521,563 |
7.50 |
39,553,438 |
28.71 |
30,731,148 |
4.92 |
29,289,134 |
|
Other long term loans |
4,530,105 |
13.59 |
3,988,108 |
-4.49 |
4,175,640 |
-3.02 |
4,305,727 |
3.83 |
4,146,987 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
4,530,105 |
13.59 |
3,988,108 |
-4.49 |
4,175,640 |
-3.02 |
4,305,727 |
3.83 |
4,146,987 |
|
Current portion of long
term debt |
0 |
-100 |
7,079 |
-74.21 |
27,445 |
-24.69 |
36,442 |
73.15 |
21,047 |
|
Financial debts |
10,798,002 |
3.03 |
10,480,328 |
-6.88 |
11,255,244 |
12.82 |
9,975,979 |
-1.16 |
10,093,181 |
|
Trade creditors |
15,487,981 |
-44.37 |
27,843,115 |
17.12 |
23,773,704 |
47.76 |
16,089,741 |
9.33 |
14,717,168 |
|
Amounts Payable for Taxes, |
17,550 |
-19.69 |
21,852 |
-15.87 |
25,974 |
25.34 |
20,722 |
7.62 |
19,254 |
|
Remuneration & Social
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
265,035 |
46.36 |
181,080 |
-38.71 |
295,431 |
-2.35 |
302,538 |
3.79 |
291,498 |
|
Total current liabilities |
26,568,567 |
-31.05 |
38,533,454 |
8.92 |
35,377,797 |
33.88 |
26,425,421 |
5.10 |
25,142,147 |
|
Total Liabilities |
41,120,618 |
-21.51 |
52,389,714 |
6.46 |
49,208,751 |
23.08 |
39,980,721 |
4.48 |
38,265,352 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.14 |
-26.32 |
0.19 |
-55.81 |
0.43 |
760 |
0.05 |
-61.54 |
0.13 |
|
Return on capital employed |
1.01 |
-31.29 |
1.47 |
-50.51 |
2.97 |
607 |
0.42 |
-68.18 |
1.32 |
|
Return on total assets
employed |
0.36 |
-7.69 |
0.39 |
-53.01 |
0.83 |
492 |
0.14 |
-68.89 |
0.45 |
|
Return on net assets
employed |
1.46 |
-29.47 |
2.07 |
-51.41 |
4.26 |
587 |
0.62 |
-67.71 |
1.92 |
|
Sales / net working
capital |
7.58 |
-8.89 |
8.32 |
11.53 |
7.46 |
-25.84 |
10.06 |
-7.45 |
10.87 |
|
Stock turnover ratio |
16.38 |
-7.67 |
17.74 |
-15.80 |
21.07 |
98.59 |
10.61 |
57.42 |
6.74 |
|
Creditor days |
55.33 |
-42.35 |
95.98 |
3.81 |
92.46 |
96.89 |
46.96 |
19.98 |
39.14 |
|
Debtor days |
80.72 |
-26.10 |
109.23 |
2.84 |
106.21 |
49.32 |
71.13 |
-4.43 |
74.43 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.51 |
13.53 |
1.33 |
-2.21 |
1.36 |
-7.48 |
1.47 |
-2.00 |
1.50 |
|
Liquidity ratio / acid
ratio |
0.88 |
4.76 |
0.84 |
6.33 |
0.79 |
-18.56 |
0.97 |
-14.91 |
1.14 |
|
Current debt ratio |
2.65 |
-32.05 |
3.90 |
6.56 |
3.66 |
27.97 |
2.86 |
2.14 |
2.80 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
231,694 |
-21.48 |
295,081 |
-39.18 |
485,164 |
50.53 |
322,297 |
36.54 |
236,041 |
|
Net worth |
10,021,947 |
1.56 |
9,868,151 |
2.21 |
9,654,506 |
4.41 |
9,247,152 |
3.02 |
8,976,218 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
152.95 |
4.27 |
146.69 |
-8.38 |
160.10 |
3.42 |
154.80 |
-2.57 |
158.88 |
|
Equity in percentage |
24.37 |
29.35 |
18.84 |
-3.98 |
19.62 |
-15.21 |
23.14 |
-1.36 |
23.46 |
|
Total debt ratio |
3.10 |
-28.07 |
4.31 |
5.12 |
4.10 |
23.49 |
3.32 |
1.84 |
3.26 |
|
Working capital |
13,589,735 |
6.04 |
12,816,044 |
0.82 |
12,711,501 |
1.84 |
12,481,815 |
-1.66 |
12,692,856 |
|
Profit
& loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
103,033,127 |
-3.42 |
106,685,428 |
12.55 |
94,790,125 |
-24.53 |
125,602,536 |
-8.95 |
137,945,088 |
|
Turnover |
103,013,255 |
-3.44 |
106,678,607 |
12.54 |
94,787,654 |
-24.53 |
125,599,260 |
-8.95 |
137,944,504 |
|
Total operating expenses |
102,172,119 |
-3.50 |
105,880,005 |
12.81 |
93,854,938 |
-24.95 |
125,051,634 |
-8.90 |
137,261,078 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
102,191,991 |
-3.49 |
105,886,826 |
12.82 |
93,857,408 |
-24.95 |
125,054,910 |
-8.89 |
137,261,662 |
|
Employee costs |
70,713 |
4.44 |
67,707 |
-15.00 |
79,656 |
1.26 |
78,666 |
7.72 |
73,031 |
|
Wages and salary |
54,845 |
0.61 |
54,513 |
-10.17 |
60,683 |
-1.57 |
61,649 |
3.31 |
59,675 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
11,146 |
24.72 |
8,937 |
-23.46 |
11,676 |
5.31 |
11,088 |
37.55 |
8,061 |
|
Other employee costs |
4,722 |
10.91 |
4,257 |
-41.66 |
7,298 |
23.08 |
5,929 |
11.96 |
5,296 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
84,452 |
5.08 |
80,371 |
|
Amortization and |
77,898 |
-5.28 |
82,243 |
3.55 |
79,424 |
62.28 |
48,942 |
2.38 |
47,803 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
841,136 |
5.33 |
798,602 |
-14.38 |
932,717 |
70.32 |
547,625 |
-19.87 |
683,425 |
|
Total financial income |
11,232 |
-69.93 |
37,356 |
-11.30 |
42,113 |
33.12 |
31,635 |
940 |
3,039 |
|
Total financial expenses |
705,831 |
11.66 |
632,117 |
12.08 |
563,979 |
8.09 |
521,767 |
1.56 |
513,729 |
|
Results on ordinary |
146,537 |
-28.11 |
203,841 |
-50.39 |
410,851 |
614 |
57,493 |
-66.72 |
172,735 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
8,010 |
-19.23 |
9,917 |
479 |
1,710 |
-99 |
216,049 |
1273 |
15,726 |
|
Extraordinary Charges |
- |
- |
- |
- |
6,258 |
- |
- |
- |
0 |
|
Extraordinary items |
8,010 |
-19.23 |
9,917 |
218 |
-4,548 |
-102 |
216,049 |
1273 |
15,726 |
|
Results for the Year
Before |
154,547 |
-27.70 |
213,759 |
-47.39 |
406,303 |
48.53 |
273,542 |
45.15 |
188,461 |
|
Taxation
|
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
751 |
-18.38 |
921 |
63.73 |
562 |
199 |
188 |
-15.93 |
223 |
|
Results on ordinary |
145,786 |
-28.16 |
202,921 |
-50.54 |
410,289 |
615 |
57,305 |
-66.78 |
172,512 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
153,796 |
-27.74 |
212,838 |
-47.54 |
405,741 |
48.43 |
273,354 |
45.22 |
188,237 |
|
Profit (Loss) for the
Year to |
153,796 |
-27.74 |
212,838 |
-47.54 |
405,741 |
48.43 |
273,354 |
45.22 |
188,237 |
|
be
appropiated |
|
|
|
|
|
|
|
|
|
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social Balance Sheet
Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
1 |
|
|
Part-time Employees |
|
2 |
|
|
Total Fte Employees |
|
2 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
1,771 |
|
|
Part-time Employees |
|
1,391 |
|
|
Total |
|
3,162 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
37,120 |
|
|
Part-time Employees |
|
33,593 |
|
|
Total |
|
70,713 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
2 |
|
|
Actual working hours |
|
3,162 |
|
|
Personnel Charges |
|
67,707 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
1 |
2 |
2 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
|
Gender and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
1 |
0 |
|
Secondairy education |
- |
- |
- |
|
Higher education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
1 |
1 |
1 |
|
Higher education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
1 |
1 |
2 |
|
Blue collar worker |
- |
1 |
0 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
- |
|
|
Actual working hours |
|
- |
|
|
Cost of temporary staff |
|
- |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
Total of formal
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 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 |
46761 |
|
Activity description |
Wholesale of diamonds and other
precious stones |
Payment Information Summary
|
Total number of Invoices available |
2 |
|
Total number of Invoices paid within or up to 30
days after the due date |
2 |
|
Total number of Invoices paid more than 30 days
after the due date |
0 |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
0 |
|
Total number of Invoices currently outstanding beyond the
due date |
0 |
|
Suspension of payments
/ moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
55.33 |
|
Day sales outstanding |
80.72 |
|
Industry comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and other
precious stones |
|
Industry average payment |
188.05 |
|
expectation days |
|
|
Industry average day
sales |
194.92 |
|
outstanding |
|
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
55.33 |
|
Lower |
132.91 |
|
Median |
60.64 |
|
Upper |
29.07 |
Day sales outstanding
|
Company result |
80.72 |
|
Lower |
132.02 |
|
Median |
85.12 |
|
Upper |
47.22 |
|
Summary |
|
|
Group
- Number of Companies |
0 |
|
Linkages - Number of
Companies |
0 |
|
Number of Countries |
0 |
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
SHAREHOLDER NAME
|
Forename |
Dipak |
Middle name |
- |
|
Surname |
Shah |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
28/10/2011(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
United Arab Emirates |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Rajiv Dinesh |
Middle name |
- |
|
Surname |
Shah |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
22/03/1999(estimated) |
End date |
- |
|
Percentage owned |
33.34% |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Prins Boudewijnlaan |
House number |
157 |
|
Minor town |
- |
Postal town |
Edegem |
|
Post code |
2650 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Amit |
Middle name |
- |
|
Surname |
Shah |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
22/03/1999(estimated) |
End date |
- |
|
Percentage owned |
33.33% |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
- |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
ABHUBHAI |
Middle name |
- |
|
Surname |
DESAI |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
22/03/1999(estimated) |
End date |
- |
|
Percentage owned |
33.33% |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
NORTH-SOUTH ROAD |
House number |
9 |
|
Minor town |
- |
Postal town |
BOMBAY |
|
Post code |
- |
Country |
India |
Summary
|
Group - Number of
Companies |
0 |
|
Linkages - Number
of Companies |
0 |
|
Number of Countries |
0 |
Summons
there is no data for this company
Protested Bills
there is no data for this company
Bankruptcy and other
legal events
there is no data for this company
Current director details
|
Position |
Managing Director |
|
Start Date |
02/05/2006 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Name |
Ankit Mehta |
|
Position |
Director |
|
Start Date |
21/12/1999 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Name |
Kalpen Shah |
|
Position |
Director |
|
Start Date |
01/04/2011 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
Former director details
|
|
|
|
Name |
Dilip Desai |
|
Position |
Managing Director |
|
Start Date |
02/05/2006 |
|
End Date |
18/03/2011 |
|
Street |
4 BLAUWMEESLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
01/01/2001 |
|
End Date |
18/03/2011 |
|
Street |
4 BLAUWMEESLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
Name |
Naresh Mehta |
|
Position |
Managing Director |
|
Start Date |
21/12/1999 |
|
End Date |
30/04/2006 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
21/12/1999 |
|
End Date |
30/04/2006 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Name |
Nimesh Sheth |
|
Position |
Director |
|
Start Date |
19/04/2005 |
|
End Date |
31/08/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
RAJIV SHAH |
|
Position |
Director |
|
Start Date |
21/12/1999 |
|
End Date |
28/06/2005 |
|
Street |
157 PRINS BOUDEWIJNLAAN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Name |
ABHUBHAI DESAI |
|
Position |
Director |
|
Start Date |
21/12/1999 |
|
End Date |
28/04/2005 |
|
Street |
4 BLAUWMEESLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.32 |
|
|
1 |
Rs.98.99 |
|
Euro |
1 |
Rs.72.13 |
|
EURO |
1 |
Rs. 72.56 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
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.