MIRA INFORM REPORT
|
Report No. : |
309588 |
|
Report Date : |
26.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
SUPLICA B.V. |
|
|
|
|
Registered Office : |
Binnen Parallelweg 27, 5701PH Helmond |
|
|
|
|
Country : |
Netherlands
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
31.12.1985 |
|
|
|
|
Com. Reg. No.: |
17072970 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Subject is engaged in The purchase and sale , import and export of dyes, raw materials , processing aids and related products serving the manufacture or processing of textile products |
|
|
|
|
No. of Employees : |
9 |
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 |
Summary
Company name Suplica
B.V.
Operative address Binnen Parallelweg
27
5701PH Helmond
Netherlands
Legal form Private Company
Registration number KvK-nummer:
17072970
VAT-number 007390749
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
129.039.000 |
6,06 |
121.668.000 |
6,51 |
114.233.000 |
|
Total receivables |
14.656.000 |
1,52 |
14.436.000 |
-9,22 |
15.902.000 |
|
Total equity |
46.498.000 |
11,21 |
41.812.000 |
31,00 |
31.918.000 |
|
Short term liabilities |
73.147.000 |
23,08 |
59.432.000 |
-14,43 |
69.454.000 |
|
Net result |
7.249.000 |
-49,03 |
14.222.000 |
53,54 |
9.263.000 |
|
Working capital |
30.031.000 |
-14,73 |
35.220.000 |
90,41 |
18.497.000 |
|
Quick ratio |
0,40 |
-23,08 |
0,52 |
15,56 |
0,45 |
Contact
information
Company name Suplica B.V.
Trade names Suplica B.V.
Operative address Binnen Parallelweg
27
5701PH Helmond
Netherlands
Correspondence address Postbus 980
5700AZ Helmond
Netherlands
Telephone number 0492570933
Registration
Registration number KvK-nummer:
17072970
Branch number 000018738834
VAT-number 007390749
Status Active
Memorandum 1985-12-31
Establishment date 1989-04-01
Legal form Private Company
Last proposed admendment 2009-07-07
Issued placed capital EUR 15.890
Paid up share capital EUR 15.890
Activities
SBI Agents involved in
the sale of fuels (4612)
Wholesale of clothing
textiles and haberdashery (46411)
Exporter No
Importer No
Goal The purchase and sale , import and export of dyes, raw materials ,
processing aids and related products serving the manufacture or processing of textile products
Relations
Shareholders Vlisco
B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
Percentage: 100%
Companies on same address Amount: 11
Liability statements African
Fabrics Holdings B.V.
Binnen Parallelweg 27
5701PH HELMOND
Netherlands
Registration number: 506314540000
date of issue: 2011-08-03
Starting date: 2010-09-07
Management
African Fabrics
B.V.
Binnen Parallelweg
27
5701PH HELMOND
Netherlands
Registration number: 506314970000
Competence: Fully authorized
Function: Manager
Starting date: 2010-09-07
P.F. Fransen (Petrus Franciscus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 1995-01-01
Date of birth: 1962-07-21, Deurne, NL
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
• Vlisco B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
Function: Proxy
W.M.H. Dams (Wijnandus Maria Henricus)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2003-07-17
Date of birth: 1951-10-07, Helmond, NL
Involved with the following companies
• Vlisco B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
Function: Proxy
Active management
M. Reijntjes (Mickel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2003-07-17
Date of birth: 1970-05-10, Tegelen, NL
Involved with the following companies
• Vlisco
Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration
number: 507514920000
Function: Proxy
M.J. Ludowika (Maria Jacqueline)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2008-02-01
Date of birth: 1984-12-26, Curaçao, AN
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
P.M.C. van den Boomen (Petronella Maria
Cornelia)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2003-07-17
Date of birth: 1963-05-18, Helmond, NL
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
P.J. Geevers (Paul Jan)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-01-01
Date of birth: 1982-05-03, Valkenswaard, NL
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
T.R. van Beek (Tamara Rosalinda)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2009-10-01
Date of birth: 1981-05-04, Beuningen, NL
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
J.A.M. Ouwendijk (Johannes Andreas Maria)
Netherlands
Competence: Fully authorized
Function: Proxy
Starting date: 2011-02-07
Date of birth: 1953-12-31, Delft, NL
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
• Vlisco B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
Function: Proxy
F.S. Coyne (Fiona Susan)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-02-07
Date of birth: 1969-08-24, Morvern, GB
Involved with the following companies
• Vlisco Netherlands B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 507514920000
Function: Proxy
A. Miranda da Cunha (Augusto)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-12-01
Date of birth: 1970-04-24, Onbekend
Involved with the following companies
• Vlisco B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
Function: Proxy
M.L. Lau (Meei Ling)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-01-01
Date of birth: 1980-07-11, Geldrop, NL
M.R. Damen (Maria Regina)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-01-01
Date of birth: 1959-04-23, Amsterdam, NL
Involved with the following companies
• Stichting International Dispensary
Association
Slochterweg 35
1027AA Amsterdam
Netherlands
Registration number: 331709050000
Function: Member of the Board of Trustees
M.M.E. Op het Veld (Mandy Maria Elisabeth)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-03-01
Date of birth: 1985-10-26, Sittard, NL
W.E.A. van Seggelen - van Leeuwen
(Wilhelmina Elisabeth Adriana)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-03-01
Date of birth: 1967-11-03, Budel, NL
A.M. Knapen (Allegonda Maria)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-06-01
Date of birth: 1965-10-05, Mierlo, NL
J.J.W. Kruithof (Jan Jacobus Willem)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-09-23
Date of birth: 1957-12-25, Rheden, NL
A. Volleberg (Anke)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-12-02
Date of birth: 1988-08-03, Venray, NL
Employees
|
Total according to the Chamber of Commerce |
9 |
|
|
|
|
|
|
Year |
2015 |
2013 |
|
Total |
9 |
9 |
Payments
Description Overeenkomstig
conditie
Key
Figures
|
Year |
2013 |
2012 |
2011 |
2010 |
|
Quick ratio |
0,40 |
0,52 |
0,45 |
0,73 |
|
Current ratio |
1,41 |
1,59 |
1,27 |
1,46 |
|
Working capital/ balance total |
0,13 |
0,16 |
0,09 |
0,12 |
|
Equity / balance total |
0,20 |
0,19 |
0,16 |
0,14 |
|
Equity / Fixed assets |
0,36 |
0,34 |
0,28 |
0,22 |
|
Equity / liabilities |
0,25 |
0,24 |
0,19 |
0,16 |
|
Balance total / liabilities |
1,27 |
1,25 |
1,20 |
1,17 |
|
Working capital |
30.031.000 |
35.220.000 |
18.497.000 |
19.805.000 |
|
Equity |
46.498.000 |
41.812.000 |
31.918.000 |
23.513.000 |
|
Mutation equity |
11,21 |
31,00 |
35,75 |
|
|
Mutation short term liabilities |
23,08 |
-14,43 |
61,40 |
|
|
Return on total assets (ROA) |
5,81 |
9,54 |
7,66 |
-0,72 |
|
Return on equity (ROE) |
29,03 |
49,35 |
48,55 |
-5,16 |
|
Gross profit margin |
9,11 |
11,45 |
10,11 |
1,15 |
|
Net profit margin |
2,68 |
5,33 |
4,12 |
-3,30 |
|
Average collection ratio |
3,70 |
4,49 |
3,24 |
1,53 |
|
Average payment ratio |
18,45 |
18,50 |
14,15 |
6,18 |
|
Equity turnover ratio |
5,82 |
6,39 |
7,05 |
2,79 |
|
Total assets turnover ratio |
1,16 |
1,23 |
1,11 |
0,39 |
|
Fixed assets turnover ratio |
2,10 |
2,19 |
1,97 |
0,62 |
|
Inventory conversion ratio |
3,65 |
4,20 |
3,95 |
2,09 |
|
Turnover |
270.468.000 |
267.051.000 |
224.935.000 |
65.655.000 |
|
Operating result |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
|
Net result after taxes |
7.249.000 |
14.222.000 |
9.263.000 |
-2.164.000 |
|
Gross profit |
278.946.000 |
277.911.000 |
|
|
|
EBIT |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
Summary The 2013 financial result structure is a postive working captial of 30.031.000
euro, which is in
agreement with 13 % of the total assets of the company.
The working capital has diminished with -14.73 % compared to previous
year. The ratio, with
respect to the total assets of the company has however, declined.
The deterioration between 2012 and 2013 has mainly been caused by an
increase of the
current liabilities.
The current ratio of the company in 2013 was 1.41. When the current
ratio is below 1.5, the
company may have problems meeting its short-term obligations.
The quick ratio in 2013 of the company was 0.4. A company with a Quick
Ratio of less than 1
cannot currently pay back its current liabilities.
The 2012 financial result structure is a postive working captial of
35.220.000 euro, which is in
agreement with 16 % of the total assets of the company.
The working capital has increased with 90.41 % 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 1.59. 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 0.52. A company with a Quick
Ratio of less than
1 cannot currently pay back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The financial
statements shown in the report relate to the consolidated financial
statements of the
group.
Type of annual account Consolidated
Annual account African
Fabrics Holdings B.V.
Binnen Parallelweg 27
5701PH HELMOND
Netherlands
Registration number: 506314540000
Balance
|
Year |
2013 |
2012 |
2011 |
2010 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Intangible fixed assets |
74.008.000 |
75.447.000 |
77.573.000 |
83.428.000 |
|
Tangible fixed assets |
51.684.000 |
42.743.000 |
34.468.000 |
22.634.000 |
|
Financial fixed assets |
3.347.000 |
3.478.000 |
2.192.000 |
429.000 |
|
Fixed assets |
129.039.000 |
121.668.000 |
114.233.000 |
106.491.000 |
|
Total stock |
74.067.000 |
63.620.000 |
56.899.000 |
31.407.000 |
|
Accounts receivable |
3.970.000 |
4.847.000 |
4.350.000 |
2.224.000 |
|
Other receivables |
10.686.000 |
9.589.000 |
11.552.000 |
8.408.000 |
|
Year |
2013 |
2012 |
2011 |
2010 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
|
Total receivable |
14.56.000 |
14.436.000 |
15.902.000 |
10.632.000 |
|
Liquid funds |
14.455.000 |
16.596.000 |
15.150.000 |
20.797.000 |
|
Current assets |
103.178.000 |
94.652.000 |
87.951.000 |
62.836.000 |
|
Total assets |
232.217.000 |
216.320.000 |
202.184.000 |
169.327.000 |
|
Minority interest
|
2.383.000 |
1.918.000 |
1.403.000 |
1.448.000 |
|
Total equity |
46.498.000 |
41.812.000 |
31.918.000 |
23.513.000 |
|
Provisions |
17.627.000 |
17.230.000 |
17.861.000 |
12.983.000 |
|
Long term
interest yielding debt |
92.562.000 |
95.928.000 |
81.548.000 |
88.352.000 |
|
Long term liabilities |
92.562.000 |
95.928.000 |
81.548.000 |
88.352.000 |
|
Accounts payable |
26.081.000 |
15.696.000 |
17.632.000 |
8.907.000 |
|
Other short term
liabilities |
47.066.000 |
43.736.000 |
51.822.000 |
34.124.000 |
|
Short term liabilities |
73.147.000 |
59.432.000 |
69.454.000 |
43.031.000 |
|
Total short and long
term liabilities |
183.336.000 |
172.590.000 |
168.863.000 |
144.366.000 |
|
Total liabilities |
232.217.000 |
216.320.000 |
202.184.000 |
169.327.000 |
Summary The total assets of the company increased with 7.35 % between 2012 and
2013.
The fixed asset growth of 6.06 % is lower than the total asset growth.
The asset growth has mainly been financed by a Net Worth increase of
11.21 %. Debt,
however, grew with 6.23 %.
In 2013 the assets of the company were 55.57 % composed of fixed assets
and 44.43 % by
current assets. The assets are being financed by an equity of 20.02 %,
and total debt of
79.98 %.
The total assets of the company increased with 6.99 % between 2011 and
2012.
The fixed asset growth of 6.51 % is lower than the total asset growth.
The asset growth has mainly been financed by a Net Worth increase of 31
%. Debt, however,
grew with 2.21 %.
In 2012 the assets of the company were 56.24 % composed of fixed assets
and 43.76 % by
current assets. The assets are being financed by an equity of 19.33 %,
and total debt of
80.67 %.
Profit & Loss
|
Year |
2013 |
2012 |
2011 |
2010 |
|
Revenues |
279.711.000 |
282.255.000 |
238.214.000 |
66.091.000 |
|
Other operating income |
765.000 |
4.344.000 |
13.279.000 |
436.000 |
|
Net turnover |
270.468.000 |
267.051.000 |
224.935.000 |
65.655.000 |
|
Operating expenses |
255.066.000 |
251.685.000 |
215.467.000 |
65.334.000 |
|
Operating result |
24.645.000 |
30.570.000 |
22.747.000 |
757.000 |
|
Financial income |
|
|
114.000 |
70.000 |
|
Financial expenses |
11.146.000 |
9.937.000 |
7.364.000 |
2.041.000 |
|
Financial result |
-11.146.000 |
-9.937.000 |
-7.250.000 |
-1.971.000 |
|
Result on
ordinary operations before taxes |
13.499.000 |
20.633.000 |
15.497.000 |
-1.214.000 |
|
Taxation on the result of ordinary activities |
6.250.000 |
6.411.000 |
6.182.000 |
944.000 |
|
Result of ordinary
activities after taxes |
7.249.000 |
14.222.000 |
9.315.000 |
-2.158.000 |
|
Extraordinary expense |
|
|
52.000 |
6.000 |
|
Extraordinary result after taxation |
|
|
-52.000 |
-6.000 |
|
Net result |
7.249.000 |
14.222.000 |
9.263.000 |
-2.164.000 |
Summary The turnover of the company grew with 1.28 % between 2012 and 2013.
The operating result of the company declined with -19.38 % between 2012
and 2013. This
evolution implies an decrease of the company's economic profitability.
The result of these changes is a reduction of the company's Economic
Profitability of -39.1 %
of the analysed period, being equal to 2012 % in the year 2013.
This fall has contributed to a asset turnover decrease, whose index
evolved from -5.69 to a
level of 1.16.
The Net Result of the company increased by -49.03 % between 2012 and
2013.
The company's Financial Profitability has been positively affected by
the financial activities in
comparison to the EBITs behaviour. The result of these variations is a
profitability increase of
-41.18 % of the analysed period, being 29.03 % in the year 2013.
The company's financial profitability has been positively affected by
its financial structure.
The turnover of the company grew with 18.72 % between 2011 and 2012.
The operating result of the company grew with 34.39 % between 2011 and
2012. This
evolution implies an increase of the company's economic profitability.
The result of these changes is an increase of the company's Economic
Profitability of 24.54
% of the analysed period, being equal to 2011 % in the year 2012.
This growth has contributed to the increase in assets turnover,
increasing by 10.81 %
reaching 1.23.
The Net Result of the company decreased by 53.54 % between 2011 and
2012.
The company's Financial Profitability has been negatively affected by
the financial activities in comparison to the EBITs behaviour. The result of
these variations is a profitability reduction
of 1.65 % of the analysed period, being 49.35 % in the year 2012.
The company's financial structure has slowed down its financial
profitability.
Analysis
Branch (SBI) Wholesale trade (no motor vehicles and motorcycles)
(46)
Region Zuid-Oost-Brabant
In the Netherlands 109662 of the companies are registered with the SBI
code 46
In the region Zuid-Oost-Brabant 5034 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 Zuid-Oost-Brabant 97 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 Zuid-Oost-Brabant is
normal
Publications
Consent statements 04-04-2014: Voor
boekjaar 2013 is een instemmingsverklaring gedeponeerd.
09-07-2013: Voor boekjaar 2012 is een instemmingsverklaring
gedeponeerd.
18-12-2012: Voor boekjaar 2011 is een
instemmingsverklaring gedeponeerd.
03-08-2011: Voor boekjaar 2010 is een
instemmingsverklaring gedeponeerd.
Liability
statements 03-08-2011: Per
21-09-2010 is een aansprakelijkheidsverklaring door Gamma Holding N.V
ingetrokken.
03-08-2011: Per 03-08-2011 is een
aansprakelijkheidsverklaring door African Fabrics
Holdings B.V.
gedeponeerd.
Functions 05-12-2014: Per
02-12-2014 is gevolmachtigde Anke Volleberg in functie
getreden.
26-09-2013: Per 23-09-2013 is gevolmachtigde
Jan Jacobus Willem Kruithof in functie getreden.
29-10-2012: Per 01-10-2012 is gevolmachtigde
Kareline Huberta Wilhelmina Dekkers uit
functie getreden.
13-07-2012: Per 01-01-2012 is gevolmachtigde Maria Regina Damen in functie getreden.
13-07-2012: Per 01-01-2012 is gevolmachtigde Meei Ling Lau in functie getreden.
05-07-2012: Per 01-01-2012 is gevolmachtigde Paul Jan Geevers in functie getreden.
05-07-2012: Per 01-06-2012 is gevolmachtigde Allegonda Maria Knapen in functie getreden.
05-07-2012: Per 01-06-2012 is gevolmachtigde Adrianus Theodorus Maria Klaasen uit functie getreden.
04-04-2012: Per 01-03-2012 is gevolmachtigde Wilhelmina Elisabeth Adriana van Seggelenvan Leeuwen in functie getreden.
04-04-2012: Per 01-03-2012 is gevolmachtigde Mandy Maria Elisabeth Op het Veld in functie getreden.
03-03-2011: Per 07-02-2011 is gevolmachtigde Johannes Andreas Maria Ouwendijk in functie getreden.
03-03-2011: Per 07-02-2011 is
gevolmachtigde Fiona Susan Coyne in functie getreden.
Company
structure
Relations 7
African Fabrics Finco B.V.
Binnen Parallelweg 27
5701PH HELMOND
Netherlands
Registration number: 506313220000
• African Fabrics Holdings B.V.
Binnen Parallelweg 27
5701PH HELMOND
Netherlands
Registration number: 506314540000
• African Fabrics B.V.
Binnen Parallelweg 27
5701PH HELMOND
Netherlands
Registration number: 506314970000
• Vlisco B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170001850000
• Suplica B.V.
Binnen Parallelweg 27
5701PH Helmond
Netherlands
Registration number: 170729700000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.05 |
|
|
1 |
Rs.96.03 |
|
Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.