MIRA INFORM REPORT
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Report No. : |
309072 |
|
Report Date : |
19.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
ZEMATRA B.V. |
|
|
|
|
Registered Office : |
Steenspil 28, 4661TZ Halsteren |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
11.09.1995 |
|
|
|
|
Com. Reg. No.: |
24259229 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale of Medical and Dental Instruments. |
|
|
|
|
No. of Employees : |
18 |
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 : |
Slow but correct |
|
|
|
|
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) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
NETHERLANDS - ECONOMIC
OVERVIEW
Netherlands is the sixth-largest
economy in the euro-zone and is noted for its stable industrial relations,
moderate unemployment and inflation, sizable trade surplus, and important role
as a European transportation hub. Industrial activity is predominantly in 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 the food-processing industry and for exports. Netherlands,
along with 11 of its EU partners, began circulating the euro currency on 1
January 2002. The Dutch financial sector suffered as a result of the global
financial crisis, due in part to the high exposure of some Dutch banks to US
mortgage-backed securities. In 2008, the government nationalized two banks and
injected billions of dollars of capital into other financial institutions, to
prevent further deterioration of a crucial sector. After 26 years of
uninterrupted economic growth, the Dutch economy - highly dependent on an
international financial sector and international trade - contracted by 3.5% in
2009. To recover, the government sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. 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 began implementing austerity
measures in early 2011, mainly reducting expenditures, which resulted in an
improved budget deficit in 2011. However, in 2012 tax revenues dropped, GDP
contracted, and the budget deficit deteriorated. In 2013, the government budget
deficit decreased to 3.3% of GDP due to increased government revenue from
higher taxes. However, spending on social benefits also increased, due to a
rise in unemployment benefits and payments for pensions. The high unemployment
rate and tax increases have contributed to continued decreases in household
disposable income, causing the Dutch economy to contract.
|
Source
: CIA |
Company
Summary
|
Company Name |
Zematra B.V. |
|
Operative Address |
Steenspil 28 4661TZ Halsteren Netherlands |
|
Legal Form |
Private Company |
|
Registration Number |
KvK-nummer:24259229 |
|
VAT-Number |
804639620 |
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed
assets |
406.833 |
29,27 |
314.707 |
-19,90 |
392.886 |
|
Total
receivables |
826.956 |
8,93 |
759.189 |
11,27 |
682.294 |
|
Total
equity |
1.112.725 |
14,30 |
973.509 |
18,86 |
819.044 |
|
Short term
liabilities |
878.530 |
2,50 |
857.098 |
-10,91 |
962.028 |
|
Working
capital |
746.551 |
4,40 |
715.101 |
36,02 |
525.732 |
|
Quick ratio |
1,18 |
12,38 |
1,05 |
45,83 |
0,72 |
Contact
information
Company name Zematra B.V.
Trade names Zematra B.V.
Operative address Steenspil 28
4661TZ Halsteren
Netherlands
Correspondence address Steenspil 28
4661TZ Halsteren
Netherlands
Telephone number 0164687770
Fax number 0164680512
Email address info@zematra.com
Website www.zematra.com
Registration
Registration number KvK-nummer:
24259229
Branch number 000016254252
VAT-number 804639620
Status Active
First registration company
register 1995-09-13
Memorandum 1995-09-11
Establishment date 1995-09-11
Legal form Private Company
Issued placed capital EUR 36.302
Paid up share capital EUR 36.302
Activities
SBI Wholesale of
medical and dental instruments (46462)
ISO certified Yes
ISO certifier QualityMasters
ISO standard ISO 9001:2008
Exporter No
Importer No
Branche organisations FHI - Federatie
van Technologiebranches
Goal De handel in,
productie van en adviseren over technische, chemische en andere producten, de scheepvaart en industrie
betreffende
Relations
Shareholders Zetraco
B.V.
Daansbergen 2A
4661RE HALSTEREN
Netherlands
Registration number: 242730640000
Percentage: 100%
Companies on same address Imotron Instruments International B.V.
Registration
number: 230745090000
Bank
Details
Accounts Rabobank
Nederland
Account number:
31.18.36.445
Management
Active management B.
Zegers (Bart)
4652AT
Netherlands
Competence: Fully authorized
Function: General Director
Starting date: 1996-10-01
Date of birth: 1966-10-18, Brielle, NL
J. van der Kleijn (Jan)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1998-02-01
Date of birth: 1959-06-23, Sint Philipsland,
NL
J. van der Kleijn (Jan)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1998-02-01
Date of birth: 1959-06-23, Sint Philipsland,
NL
M.C.B. Zegers - Heije (Marissa Cornelia
Beatrice)
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2003-12-01
Date of birth: 1968-07-13, Rotterdam, NL
M.C.B. Zegers - Heije (Marissa Cornelia
Beatrice)
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2003-12-01
Date of birth: 1968-07-13, Rotterdam, NL
Employees
Total according to the
Chamber of Commerce 18
|
Year |
2015 |
2013 |
2012 |
2011 |
2010 |
|
Total |
18 |
15 |
18 |
18 |
18 |
Key
Figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
1,18 |
1,05 |
0,72 |
0,90 |
0,83 |
|
Current
ratio |
1,85 |
1,83 |
1,55 |
1,54 |
1,59 |
|
|
|||||
|
Working
capital/ balance total |
0,37 |
0,38 |
0,28 |
0,30 |
0,31 |
|
Equity /
balance total |
0,55 |
0,52 |
0,44 |
0,36 |
0,39 |
|
Equity /
Fixed assets |
2,74 |
3,09 |
2,08 |
2,58 |
2,37 |
|
Equity /
liabilities |
1,21 |
1,07 |
0,77 |
0,56 |
0,64 |
|
Balance
total / liabilities |
2,21 |
2,07 |
1,77 |
1,56 |
1,64 |
|
|
|||||
|
Working
capital |
746.551 |
715.101 |
525.732 |
580.320 |
539.334 |
|
Equity |
1.112.725 |
973.509 |
819.044 |
692.372 |
673.749 |
|
Mutation
equity |
14,30 |
18,86 |
18,30 |
2,76 |
-35,25 |
|
Mutation
short term liabilities |
2,50 |
-10,91 |
-9,98 |
17,24 |
-4,54 |
Summary The 2013 financial
result structure is a postive working captial of 746.551 euro, which is in
agreement with 37 % of the total assets of the company.
The working capital has increase with 4.4 % compared to previous year.
The ratio with respect to the total assets of the company has however,
declined.
The improvement between 2012 and 2013 has mainly been caused by an
increase of the current assets.
The current ratio of the company in 2013 was 1.85. A company with a
current ratio between 1.5 and 3.0 generally indicates good short-term financial
strength.
The quick ratio in 2013 of the company was 1.18. A company with a Quick
Ratio of more than 1 can currently pay back its current liabilities.
The 2012 financial result structure is a postive working captial of
715.101 euro, which is in agreement with 38 % of the total assets of the
company.
The working capital has increased with 36.02 % compared to previous
year. The ratio, with respect to the total assets of the company has however,
increased.
The improvement between 2011 and 2012 has mainly been caused by an
increase of the current assets.
The current ratio of the company in 2012 was 1.83. A company with a
current ratio between 1.5 and 3.0 generally indicates good short-term financial
strength.
The quick ratio in 2012 of the company was 1.05. A company with a Quick
Ratio of more than 1 can currently pay back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The company is
obliged to file its financial statements.
Type of annual account Corporate
Annual account Zematra
B.V.
Steenspil 28
4661TZ Halsteren
Netherlands
Registration number: 242592290000
Balance
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Tangible fixed assets |
132.572 |
146.527 |
205.731 |
268.842 |
283.788 |
|
Financial fixed assets |
274.261 |
168.180 |
187.155 |
|
|
|
Fixed assets |
406.833 |
314.707 |
392.886 |
268.842 |
283.788 |
|
|
|||||
|
Total stock |
591.848 |
674.152 |
793.412 |
688.047 |
689.999 |
|
Total receivables |
826.956 |
759.189 |
682.294 |
949.785 |
745.872 |
|
Liquid
funds |
206.277 |
138.858 |
12.054 |
11.198 |
15.011 |
|
Current assets |
1.625.081 |
1.572.199 |
1.487.760 |
1.649.030 |
1.450.882 |
|
Total assets |
2.031.914 |
1.886.906 |
1.880.646 |
1.917.872 |
1.734.670 |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
|
|||||
|
Issued capital |
36.302 |
36.302 |
36.302 |
36.302 |
36.302 |
|
Legal and
statutory reserve |
274.261 |
168.180 |
187.155 |
|
|
|
Other
reserves |
802.162 |
769.027 |
595.587 |
656.070 |
637.447 |
|
Total reserves |
1.076.423 |
937.207 |
782.742 |
656.070 |
637.447 |
|
Total equity |
1.112.725 |
973.509 |
819.044 |
692.372 |
673.749 |
|
|
|||||
|
Provisions |
40.659 |
47.925 |
52.321 |
55.103 |
42.022 |
|
Long term
interest yielding debt |
|
8.374 |
47.253 |
101.687 |
107.351 |
|
Long term liabilities |
|
8.374 |
47.253 |
101.687 |
107.351 |
|
Short term liabilities |
878.530 |
857.098 |
962.028 |
1.068.710 |
911.548 |
|
Total short and long term
liabilities |
919.189 |
913.397 |
1.061.602 |
1.225.500 |
1.060.921 |
|
Total liabilities |
2.031.914 |
1.886.906 |
1.880.646 |
1.917.872 |
1.734.670 |
Summary The total assets
of the company increased with 7.68 % between 2012 and 2013.
The total asset
increase is retrievable in the fixed asset growth of 29.27 %.
In 2013 the assets of the company were 20.02 % composed of fixed assets
and 79.98 % by current assets. The assets are being financed by an equity of
54.76 %, and total debt of 45.24 %.
The total assets remained the same between 2011 and 2012.
Despite the fact that the total assets remained the same, the fixed
assets decreased with -19.9 %.
Despite thee unchanged assets the net worth grew with 18.86 %, which has
resulted in the fact that the company's indebtedness declined with -13.96 %.
In 2012 the assets of the company were 16.68 % composed of fixed assets
and 83.32 % by current assets. The assets are being financed by an equity of
51.59 %, and total debt of 48.41 %.
Analysis
Branch (SBI) Wholesale trade
(no motor vehicles and motorcycles) (46)
Region West-Brabant
In the Netherlands 109662 of the companies
are registered with the SBI code 46
In the region West-Brabant 4857 of the
companies are registered with the SBI code 46
In the Netherlands 2387 of the bankrupcties
are published within this sector
In the region West-Brabant 119 of the
bankruptcies are published within this sector
The risk of this specific sector in the
Netherlands is normal
The risk of this specific sector in the
region West-Brabant is normal
Publications
Filings 02-09-2014: De jaarrekening
over 2013 is gepubliceerd.
17-09-2013: De jaarrekening over 2012 is
gepubliceerd.
08-02-2013: De jaarrekening over 2011 is
gepubliceerd.
04-10-2011: De jaarrekening over 2010 is
gepubliceerd.
25-11-2010: De jaarrekening over 2009 is
gepubliceerd.
Functions 07-03-2014: Per
27-02-2014 is gevolmachtigde Christian Willem Zegers uit functie getreden.
Amendments 11-01-2013:
Geplaatst kapitaal gewijzigd in EUR 36.302,42 Gestort kapitaal gewijzigd in EUR
36.302,42.
Company
structure
Relations 4
Stichting Administratiekantoor Zetraco
Daansbergen 2A
4661RE HALSTEREN
Netherlands
Registration number: 201335270000
• Zetraco B.V.
Daansbergen 2A
4661RE HALSTEREN
Netherlands
Registration number: 242730640000
• Zematra B.V.
Steenspil 28
4661TZ Halsteren
Netherlands
Registration number: 242592290000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.25 |
|
|
1 |
Rs.95.57 |
|
Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.