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Report No. : |
306857 |
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Report Date : |
05.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
MERU GEMS BVBA |
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|
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Registered Office : |
Schupstraat 1-/7, 2018 Antwerpen |
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Country : |
Belgium |
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Date of Incorporation : |
13.11.2014 |
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Com. Reg. No.: |
567963605 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Wholesale of diamonds and other precious stones. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
|
-- |
NB |
New Business |
-- |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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 volatility in world markets.
Roughly three-quarters of Belgium's trade is with other EU countries, and
Belgium has benefited most from its proximity to Germany. In 2013 Belgian GDP
grew by 0.1%, the unemployment rate increased to 8.8% from 7.6% the previous
year, and the government reduced the budget deficit from a peak of 6% of GDP in
2009 to 3.2%. Despite the relative improvement in Belgium's budget deficit,
public debt hovers around 100% of GDP, a factor that has contributed to
investor perceptions that the country is increasingly vulnerable to spillover
from the euro-zone crisis. Belgian banks were severely affected by the
international financial crisis in 2008 with three major banks receiving capital
injections from the government, and the nationalization of the Belgian retail
arm of a Franco-Belgian bank.
|
Source
: CIA |
Business number 567963605
Branche Unit Number 2236657771
Company name MERU GEMS BVBA
Address SCHUPSTRAAT 1-/7
2018 ANTWERPEN
Date of establishment 13/11/2014
No employees are recorded for this
business.
The business has been at the address for
over 2 months.
The business has been at the address for
less than 6 months.
There has been no significant change in
the business's credit limit.
The credit rating for this business has
decreased from 53 to 34.
No key Financials Registered
Payment EXPECTATIONS
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|||
|
Past payments |
|
Payment
expectation days |
- |
|
Industry
average payment |
124.20 |
Industry
average day sales |
181.51 |
|
expectation
days |
|
outstanding |
|
|
Business number |
567963605 |
Company name |
MERU GEMS BVBA |
|
Fax number |
- |
Date founded |
13/11/2014 |
|
Company status |
active |
Company type |
Private Limited Company (BL/LX) |
|
Currency |
Euro (€) |
Date of latest accounts |
- |
|
Activity code |
46761 |
Liable for VAT |
Yes |
|
Activity description |
Wholesale of diamonds and other precious
stones |
VAT Number |
BE.0567.963.605 Check VAT number |
|
Belgian Bullettin of
Acts |
moniteur belge |
|
|
Annual accounts
There is no data for this company
Activity code 46761
Activity description Wholesale
of diamonds and other precious stones
Industry comparison
Activity code 46761
Activity description Wholesale
of diamonds and other precious stones
Industry average payment
expectation days 124.20
Industry average day sales
Outstanding 181.51
Payment expectations
Company result -
Lower 120.76
Median 74.63
Upper 46.13
Company result -
Lower 102.27
Median 54.08
Upper 24.18
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Companies that match this address
|
Business number |
Company name |
Date of accounts |
|
473669905 |
ARSLANIAN CUTTING WORKS INTERNATIONAL IN
VEREFFENI |
31/12/2004 |
|
478020354 |
IMAGE BVBA |
31/12/2013 |
|
500940860 |
SRS DIAMONDS BVBA |
31/12/2013 |
|
864144096 |
WORLD BRILLIANT GEMS BVBA |
31/12/2013 |
|
864821316 |
IMPERIAL GEMS IN VEREFFENING BVBA |
31/12/2007 |
|
869807413 |
D.M. DIAMONDS BVBA |
31/12/2013 |
|
889295505 |
ANTWERP CUT BVBA |
31/12/2013 |
|
889295505 |
ANTWERP CUT BVBA |
31/12/2013 |
|
898193274 |
NEMIDEEP BVBA |
31/03/2014 |
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
|
Name |
HIREN SURESH CHANDRA PARIKH |
|
Position |
Principal Manager |
|
Start Date |
13/11/2014 |
|
Street |
21 VAN EYCKLEI ANTWERPEN |
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Post code |
2018 |
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Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.68 |
|
|
1 |
Rs.93.53 |
|
Euro |
1 |
Rs.70.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
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 |
|
|
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 |
-- |
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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.