|
Report No. : |
309581 |
|
Report Date : |
23.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
EUROSTAR DIAMOND TRADERS NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 53-Bus 79 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
21.03.1991 |
|
|
|
|
Com. Reg. No.: |
443117279 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of diamonds and other precious stones. |
|
|
|
|
No. of Employees : |
43 |
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 – 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 |
|
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 443117279
Branche Unit Number 2052038562
Company name EUROSTAR DIAMOND
TRADERS NV
Address HOVENIERSSTRAAT
53-BUS 79 2018 ANTWERPEN
Number of staff 43
Date of establishment 21/03/1991
Telephone number 032253211
Fax number 032137799
The business was established over 23 years ago.
The business has 20 employees.
The business has been at the address for over 10 years.
Operating Result in the latest trading period decreased 21% on the
previous trading period.
ACCOUNTS
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
2,278,879,219 |
6,849,390 |
246,864,122 |
177,508,883 |
|
31/12/2012 |
2,052,065,925 |
6,067,190 |
249,227,853 |
163,922,548 |
|
31/12/2011 |
2,291,560,804 |
17,108,675 |
248,382,937 |
174,880,300 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
644,377,646 |
43 |
119,641,500 |
8,779,324 |
|
31/12/2012 |
605,238,705 |
41 |
125,053,500 |
5,974,203 |
|
31/12/2011 |
577,431,870 |
39 |
127,528,500 |
17,275,402 |
|
Past
payments |
|
Payment
expectation days |
25.25 |
|
Industry
average payment |
126.89 |
Industry
average day sales |
186.01 |
|
expectation
days |
41.98 |
outstanding |
|
|
Day
sales outstanding |
|
|
|
|
COURT
DATA SUMMARY |
||||
|
BANKRUPTCY
DETAILS |
||||
|
Court
action type |
no |
|
|
|
|
Business
number |
443117279 |
Company name |
EUROSTAR
DIAMOND TRADERS NV |
|
Fax number |
032137799 |
Date founded |
21/03/1991 |
|
Company
status |
active |
Company type |
Public
Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
46761 |
Liable
for VAT |
yes |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
VAT Number |
BE.0443.117.279
Check VAT number |
|
Belgian
Bullettin of Acts |
moniteur
belge |
|
|
Significant Events
Event Date 20/06/2014
Event Description
Event Details Neerlegging van het
schriftelijk besluit van de bijzondere algemene vergadering van
aandeelhouders.
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
% |
31-12-2009 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total
fixed assets |
72,101,102 |
-19.61 |
89,691,568 |
11.34 |
80,557,020 |
17.19 |
68,737,698 |
-9.11 |
75,627,301 |
|
Intangible
fixed assets |
0 |
-100 |
1,503 |
-78.59 |
7,021 |
-62.64 |
18,795 |
-67.17 |
57,248 |
|
Tangible
fixed assets |
4,654,527 |
-0.61 |
4,682,985 |
-6.47 |
5,007,060 |
-0.29 |
5,021,684 |
13.61 |
4,420,060 |
|
Land
& building |
4,114,508 |
-1.61 |
4,181,690 |
-3.91 |
4,351,687 |
1.47 |
4,288,659 |
5.34 |
4,071,355 |
|
Plant
& machinery |
462,733 |
5.63 |
438,073 |
40.65 |
311,462 |
-14.01 |
362,220 |
67.16 |
216,690 |
|
Furniture
& Vehicles |
77,286 |
22.24 |
63,223 |
-81.62 |
343,911 |
-6.80 |
369,014 |
310 |
89,820 |
|
Leasing
& Other Similar |
- |
- |
- |
- |
- |
- |
1,790 |
-95.76 |
42,194 |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other
tangible assets |
0 |
0 |
-1 |
- |
0 |
-100 |
1 |
0 |
1 |
|
Financial
fixed assets |
67,446,575 |
-20.66 |
85,007,080 |
12.53 |
75,542,939 |
18.60 |
63,697,219 |
-10.47 |
71,149,993 |
|
Total
current assets |
572,276,544 |
11.00 |
515,547,137 |
3.76 |
496,874,850 |
15.24 |
431,179,871 |
11.11 |
388,065,303 |
|
Inventories |
265,670,187 |
-2.16 |
271,535,104 |
16.44 |
233,203,212 |
25.34 |
186,061,959 |
13.86 |
163,414,797 |
|
Raw
materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work
in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished
goods |
265,670,187 |
-2.16 |
271,535,104 |
16.44 |
233,203,212 |
25.34 |
186,061,959 |
13.86 |
163,414,797 |
|
Other
stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
debtors |
262,086,597 |
40.95 |
185,941,607 |
-10.81 |
208,475,293 |
14.56 |
181,977,376 |
8.06 |
168,400,840 |
|
Other
amounts receivable |
41,139,759 |
-25.83 |
55,465,980 |
2.31 |
54,214,444 |
-10.85 |
60,814,394 |
18.66 |
51,252,749 |
|
Cash |
2,325,767 |
12.67 |
2,064,188 |
401 |
411,749 |
-67.64 |
1,272,395 |
91.50 |
664,427 |
|
Miscellaneous
current assets |
945,527 |
120 |
428,382 |
-24.87 |
570,152 |
-45.89 |
1,053,748 |
21.44 |
867,687 |
|
Total
Assets |
644,377,646 |
6.47 |
605,238,705 |
4.82 |
577,431,870 |
15.51 |
499,917,569 |
7.81 |
463,692,604 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
246,864,122 |
-0.95 |
249,229,356 |
0.34 |
248,389,958 |
10.81 |
224,150,470 |
6.60 |
210,269,570 |
|
Issued share capital |
119,641,500 |
-4.33 |
125,053,500 |
-1.94 |
127,528,500 |
3.27 |
123,486,000 |
7.81 |
114,543,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
127,222,622 |
2.45 |
124,175,856 |
2.74 |
120,861,458 |
20.06 |
100,664,470 |
5.16 |
95,726,570 |
|
Provisions for Liabilities & Charges |
816,463 |
-4.33 |
853,395 |
-1.94 |
870,285 |
3.27 |
842,698 |
7.81 |
781,669 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
396,697,061 |
11.70 |
355,155,953 |
8.22 |
328,171,626 |
19.37 |
274,924,400 |
8.82 |
252,641,365 |
|
Other long term loans |
1,929,400 |
-45.36 |
3,531,364 |
-42.83 |
6,177,076 |
-7.04 |
6,644,747 |
-18.16 |
8,119,669 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
-100 |
1 |
0 |
1 |
0 |
1 |
- |
0 |
|
Total long term debts |
2,745,863 |
-37.38 |
4,384,760 |
-37.78 |
7,047,362 |
-5.88 |
7,487,446 |
-15.88 |
8,901,338 |
|
Current portion of long term |
311,219 |
8.90 |
285,781 |
4.39 |
273,769 |
1.28 |
270,315 |
13.63 |
237,894 |
|||||
|
debt |
|
|
|
|
|
|
|
|
|
|||||
|
Financial debts |
236,604,865 |
15.74 |
204,420,957 |
-6.13 |
217,774,376 |
11.41 |
195,465,930 |
15.86 |
168,706,770 |
|||||
|
Trade creditors |
155,990,397 |
8.27 |
144,072,283 |
43.08 |
100,694,631 |
44.18 |
69,837,352 |
-1.76 |
71,088,213 |
|||||
|
Amounts Payable for Taxes,
Remuneration & Social Security |
427,447 |
-43.47 |
756,163 |
36.55 |
553,764 |
67.59 |
330,433 |
-2.06 |
337,391 |
|||||
|
Miscellaneous current |
1,433,733 |
-31.38 |
2,089,405 |
-22.56 |
2,698,010 |
13.57 |
2,375,623 |
-42.78 |
4,151,428 |
|||||
|
liabilities |
|
|
|
|
|
|
|
|
|
|||||
|
Total current liabilities |
394,767,661 |
12.27 |
351,624,589 |
9.20 |
321,994,550 |
20.02 |
268,279,653 |
9.72 |
244,521,696 |
|||||
|
Total Liabilities |
644,377,646 |
6.47 |
605,238,705 |
4.82 |
577,431,870 |
15.51 |
499,917,569 |
7.81 |
463,692,604 |
|||||
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.30 |
0 |
0.30 |
-60.0 |
0.75 |
441 |
-0.17 |
-151 |
0.33 |
|
Return on capital employed |
2.74 |
14.64 |
2.39 |
-64.33 |
6.70 |
587 |
-1.14 |
-160 |
1.89 |
|
Return
on total assets |
1.06 |
6.00 |
1.00 |
-66.22 |
2.96 |
558 |
-0.53 |
-159 |
0.89 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return
on net assets |
2.77 |
13.99 |
2.43 |
-64.73 |
6.89 |
583 |
-1.18 |
-159 |
1.97 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales
/ net working capital |
12.84 |
2.56 |
12.52 |
-4.43 |
13.10 |
37.32 |
9.54 |
9.53 |
8.71 |
|
Stock
turnover ratio |
11.66 |
-11.87 |
13.23 |
29.96 |
10.18 |
-14.95 |
11.97 |
-8.35 |
13.06 |
|
Creditor
days |
25.25 |
-2.96 |
26.02 |
57.22 |
16.55 |
-1.95 |
16.88 |
-19.92 |
21.08 |
|
Debtor days |
41.98 |
26.94 |
33.07 |
-0.42 |
33.21 |
-22.26 |
42.72 |
-13.06 |
49.14 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current
ratio |
1.45 |
-1.36 |
1.47 |
-4.55 |
1.54 |
-4.35 |
1.61 |
1.26 |
1.59 |
|
Liquidity
ratio / acid ratio |
0.78 |
13.04 |
0.69 |
-15.85 |
0.82 |
-9.89 |
0.91 |
-1.09 |
0.92 |
|
Current
debt ratio |
1.60 |
13.48 |
1.41 |
8.46 |
1.30 |
8.33 |
1.20 |
3.45 |
1.16 |
|
Liquidity
ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
8,779,324 |
46.95 |
5,974,203 |
-65.42 |
17,275,402 |
787 |
-2,193,764 |
-134 |
6,279,845 |
|
Net worth |
246,864,122 |
-0.95 |
249,227,853 |
0.34 |
248,382,937 |
10.82 |
224,131,675 |
6.62 |
210,212,322 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
96.75 |
15.80 |
83.55 |
-7.44 |
90.27 |
-0.02 |
90.29 |
7.22 |
84.21 |
|
Equity
in percentage |
38.31 |
-6.97 |
41.18 |
-4.28 |
43.02 |
-4.06 |
44.84 |
-1.12 |
45.35 |
|
Total
debt ratio |
1.61 |
12.59 |
1.43 |
8.33 |
1.32 |
7.32 |
1.23 |
1.65 |
1.21 |
|
Working
capital |
177,508,883 |
8.29 |
163,922,548 |
-6.27 |
174,880,300 |
7.35 |
162,900,218 |
13.48 |
143,543,607 |
|
PROFIT
& LOSS |
|
|
|
|
|
|
|
|
|
|
Operating |
2,279,245,593 |
11.04 |
2,052,720,510 |
-10.44 |
2,291,998,656 |
47.38 |
1,555,164,758 |
24.26 |
1,251,578,566 |
|
Income |
|
|
|
|
|
|
|
|
|
|
Turnover |
2,278,879,219 |
11.05 |
2,052,065,925 |
-10.45 |
2,291,560,804 |
47.38 |
1,554,834,961 |
24.30 |
1,250,879,504 |
|
Total operating expenses |
2,254,536,677 |
11.56 |
2,020,888,500 |
-9.02 |
2,221,198,672 |
47.08 |
1,510,208,972 |
22.67 |
1,231,160,071 |
|
Gross operating margin- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
2,254,903,051 |
11.54 |
2,021,543,085 |
-9.01 |
2,221,636,524 |
47.08 |
1,510,538,769 |
22.62 |
1,231,859,132 |
|
Employee costs |
3,576,150 |
3.03 |
3,470,852 |
-7.77 |
3,763,348 |
23.94 |
3,036,521 |
-3.06 |
3,132,498 |
|
Wages and salary |
2,589,236 |
9.18 |
2,371,615 |
-6.45 |
2,535,188 |
21.35 |
2,089,088 |
-9.61 |
2,311,265 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
-- |
- |
|
Social security contributions |
721,918 |
-11.70 |
817,594 |
-4.51 |
856,210 |
14.17 |
749,957 |
16.22 |
645,307 |
|
Other employee costs |
264,996 |
-5.91 |
281,642 |
-24.28 |
371,950 |
88.35 |
197,476 |
12.25 |
175,925 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
358,540 |
14.11 |
314,194 |
-15.95 |
373,817 |
9.23 |
342,234 |
9.11 |
313,672 |
|
Operating result |
24,342,542 |
-21.92 |
31,177,425 |
-55.69 |
70,362,132 |
57.67 |
44,625,989 |
126 |
19,719,433 |
|
Total financial income |
1,518,934 |
-16.76 |
1,824,718 |
-33.95 |
2,762,499 |
-23.51 |
3,611,610 |
33.42 |
2,706,976 |
|
Total financial expenses |
19,012,086 |
-29.41 |
26,934,953 |
-51.92 |
56,015,956 |
10.08 |
50,887,898 |
178 |
18,293,985 |
|
Results on ordinary operations before taxation |
6,849,390 |
12.89 |
6,067,190 |
-64.54 |
17,108,675 |
645 |
-2,650,299 |
-164 |
4,132,425 |
|
Extraordinary income |
17,135,940 |
42308 |
40,407 |
144 |
16,506 |
-85.56 |
114,307 |
-95.32 |
2,441,120 |
|
Extraordinary charges |
13,610,350 |
14638 |
92,345 |
174 |
33,586 |
- |
- |
- |
- |
|
Extraordinary items |
3,525,590 |
6788 |
-51,938 |
-204 |
-17,080 |
-114 |
114,307 |
-95.32 |
2,441,120 |
|
Results for the Year Before Taxation |
10,374,979 |
72.48 |
6,015,252 |
-64.81 |
17,091,595 |
673 |
-2,535,992 |
-138 |
6,573,545 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
1,954,195 |
450 |
355,244 |
86.96 |
190,011 |
3166750 |
6 |
-99 |
607,372 |
|
Results on ordinary operations after taxation |
4,895,195 |
-14.30 |
5,711,946 |
-66.24 |
16,918,664 |
638 |
-2,650,305 |
-175 |
3,525,053 |
|
Net result |
8,420,784 |
48.78 |
5,660,009 |
-66.51 |
16,901,585 |
666 |
-2,535,998 |
-142 |
5,966,173 |
|
Profit (Loss) for the year to be appropriated |
8,420,784 |
48.78 |
5,660,009 |
-66.51 |
16,901,585 |
666 |
-2,535,998 |
-142 |
5,966,173 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2013 |
|
|
Full-time
Employees |
39 |
|
Part-time
Employees |
6 |
|
Total
Fte Employees |
43 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
67,672 |
|
Part-time
Employees |
6,398 |
|
Total |
74,070 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
3,267,250 |
|
Part-time
Employees |
308,900 |
|
Total |
3,576,150 |
|
|
|
|
Benefits
In Addition To Wages |
- |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
40 |
|
Actual
working hours |
70,594 |
|
Personnel
Charges |
3,320,642 |
|
Benefits
In Addition To Wages |
- |
|
Type of
Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration Contracts |
40 |
5 |
44 |
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
22 |
2 |
24 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
18 |
3 |
20 |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
White
collar worker |
40 |
5 |
44 |
|
Temporary
personnel |
Total |
|
Average
number of temporary staff |
0 |
|
Actual
working hours |
552 |
|
Cost of
temporary staff |
11,455 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
5 |
1 |
6 |
|
Leavers |
2 |
2 |
3 |
Industry comparison
|
|
|
Activity code |
46761 |
|
Activity
description |
Wholesale of diamonds and other precious stones |
Payment expectations
|
|
|
Payment expectation days |
25.25 |
|
Day sales outstanding |
41.98 |
|
|
|
Industry comparison
|
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and other precious stones |
|
Industry average payment expectation days |
126.89 |
|
Industry average
day sales outstanding |
186.01 |
|
Company result |
25.25 |
|
Lower |
120.44 |
|
Median |
74.63 |
|
Upper |
45.81 |
|
Company result |
41.98 |
|
Lower |
101.92 |
|
Median |
54.07 |
|
Upper |
24.07 |
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
|
Business Number |
Company Name |
% |
Date of
Accounts |
|
347532632 |
EUROSTARS FRANCE |
25 |
31/12/2013 |
Companies that match this address
No Companies match this address
Summons
There is no data for this company
Protested Bills
There is no data for this company
Bankruptcy and other legal events
Legal event type Fragmentation
Event date 10/04/2008
|
CURRENT
DIRECTOR DETAILS |
|
|
Name |
SACHIN DINUKUMAR
MEHTA |
|
Position |
Chairman
of the Board |
|
Start Date |
13/08/2010 |
|
Date of
birth |
09/01/1964 |
|
Street |
39
FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Managing
Director |
|
Start Date |
30/06/2010 |
|
Date of
birth |
09/01/1964 |
|
Street |
39
FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
17/11/2005 |
|
Date of
birth |
09/01/1964 |
|
Street |
39
FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
Name |
ASHISH
PRAVIN KOTHARI |
|
Position |
Managing
Director |
|
Start Date |
13/08/2010 |
|
Street |
7
FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
13/08/2010 |
|
Street |
7
FAZANTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
KAUSHIK
KIRTILAL MEHTA |
|
Position |
Managing
Director |
|
Start Date |
16/08/2010 |
|
Date of
birth |
29/06/1949 |
|
Street |
25 EEKHOORNLAAN
ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
13/10/2006 |
|
Date of
birth |
29/06/1949 |
|
Street |
25
EEKHOORNLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
RAJ
PRAVIN KOTHARI |
|
Position |
Director |
|
Start Date |
01/01/2011 |
|
Date of
birth |
20/05/1966 |
|
Street |
97
INGENIEUR HAESAERTSLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Name |
KUNAL MEHTA |
|
Position |
Director |
|
Start Date |
13/10/2006 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.25 |
|
|
1 |
Rs.96.00 |
|
Euro |
1 |
Rs.70.72 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
TPT |
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.