|
Report No. : |
310393 |
|
Report Date : |
27.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
DIAJEWEL NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 9-Bus 9, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
19.10.1978 |
|
|
|
|
Com. Reg. No.: |
418772556 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Preparation of diamonds. |
|
|
|
|
No. of Employee : |
04 |
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) |
|
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 418772556
Branche Unit Number 2015505293
Company name DIAJEWEL NV
Address HOVENIERSSTRAAT
9-BUS 9
2018 ANTWERPEN
Number of staff 4
Date of establishment 19/10/1978
Telephone number 032313770
Fax number 032260602
The business was established over 36 years ago.
The business has 5 employees.
The business has been at the address for over 17 years.
Pre-tax profits decreased by 32% compared to the previous trading
period.
The business saw an increase in their Cash Balance of 3455% during the
latest trading period.
ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
128,594,746 |
100,004 |
8,398,234 |
9,984,270 |
|
31/12/2012 |
157,412,760 |
147,787 |
8,744,053 |
10,346,228 |
|
31/12/2011 |
210,759,089 |
32,947 |
8,829,452 |
10,421,027 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
34,379,164 |
4 |
7,880,670 |
74,148 |
|
31/12/2012 |
39,636,533 |
4 |
8,237,153 |
135,355 |
|
31/12/2011 |
41,332,845 |
4 |
8,400,179 |
69,875 |
|
Past
payments |
|
Payment
expectation days |
14.72 |
|
Industry
average payment |
101.08 |
Industry
average day sales |
111.85 |
|
expectation
days |
|
outstanding |
|
|
Day
sales outstanding |
76.39 |
|
|
|
COURT
DATA SUMMARY |
||||
|
BANKRUPTCY
DETAILS |
||||
|
Court
action type |
no |
|
|
|
|
Business
number |
418772556 |
Company
name |
DIAJEWEL NV |
|
Fax number |
032260602 |
Date
founded |
19/10/1978 |
|
Company
status |
active |
Company
type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date
of latest accounts |
31/12/2013 |
|
Activity
code |
32121 |
Liable
for VAT |
Yes |
|
Activity
description |
Preparation of diamonds |
VAT Number |
BE.0418.772.556 Check VAT Number |
|
Belgian Bullettin
of Acts Publications |
Moniteur belge |
|
|
JIC Code 218
Description Additional national
joint committee for the employees
category
JIC Code 324.02
Description JSC small
merchandisers in the diamant industry and trade
category
Significant Events
Event Date 30/09/2013
Event Description re-appointment of
director(s)
Event Details Commentaar
30-09-2013: Herbenoemd als bestuurders en gedelegeerd bestuurders tot
de jaarvergadering
2019 : Thakker Dilip en Mehta Akshaykumar.
|
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 |
764,543 |
-6.08 |
813,994 |
-4.76 |
854,668 |
3.83 |
823,117 |
5.61 |
779,418 |
|
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Tangible fixed assets |
599,947 |
-8.35 |
654,601 |
-5.10 |
689,775 |
3.97 |
663,451 |
2.94 |
644,533 |
|
|
Land & building |
502,140 |
-6.99 |
539,873 |
-4.59 |
565,874 |
0.55 |
562,766 |
5.05 |
535,732 |
|
|
Plant & machinery |
75,553 |
-14.58 |
88,451 |
-5.42 |
93,519 |
5.14 |
88,947 |
-9.22 |
97,976 |
|
|
Furniture & Vehicles |
22,254 |
-15.31 |
26,277 |
-13.51 |
30,381 |
158 |
11,738 |
8.43 |
10,825 |
|
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Other tangible assets |
0 |
- |
0 |
-100 |
1 |
- |
0 |
- |
0 |
|
|
Financial fixed assets |
164,596 |
3.26 |
159,393 |
-3.34 |
164,894 |
3.27 |
159,667 |
18.37 |
134,885 |
|
|
Total current assets |
33,614,621 |
-13.41 |
38,822,539 |
-4.09 |
40,478,177 |
1.18 |
40,007,475 |
8.84 |
36,758,659 |
|
|
Inventories |
4,723,543 |
10.89 |
4,259,560 |
-55.00 |
9,465,424 |
85.26 |
5,109,364 |
-50.89 |
10,403,242 |
|
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Finished goods |
4,723,543 |
10.89 |
4,259,560 |
-55.00 |
9,465,424 |
85.26 |
5,109,364 |
-50.89 |
10,403,242 |
|
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Trade debtors |
26,911,878 |
-21.19 |
34,147,243 |
11.97 |
30,495,537 |
-10.93 |
34,237,077 |
33.00 |
25,741,475 |
|
|
Other amounts receivable |
747,946 |
441 |
138,247 |
-37.79 |
222,237 |
-32.58 |
329,631 |
-3.66 |
342,145 |
|
|
Cash |
992,158 |
3455 |
27,908 |
93.89 |
14,394 |
-83.72 |
88,390 |
941 |
8,484 |
|
|
Miscellaneous current assets |
239,097 |
-4.20 |
249,581 |
-11.05 |
280,585 |
15.46 |
243,013 |
-7.71 |
263,313 |
|
|
Total Assets |
34,379,164 |
-13.26 |
39,636,533 |
-4.10 |
41,332,845 |
1.23 |
40,830,592 |
8.77 |
37,538,077 |
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
8,398,234 |
-3.95 |
8,744,053 |
-0.97 |
8,829,452 |
3.40 |
8,539,372 |
9.48 |
7,799,719 |
|
|
Issued share capital |
7,880,670 |
-4.33 |
8,237,153 |
-1.94 |
8,400,179 |
3.27 |
8,133,903 |
7.81 |
7,544,349 |
|
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Reserves |
517,564 |
2.10 |
506,900 |
18.08 |
429,273 |
5.87 |
405,469 |
58.78 |
255,369 |
|
|
Provisions for Liabilities & Charges |
900,380 |
0.00 |
900,369 |
-0.01 |
900,442 |
3.13 |
873,119 |
3.23 |
845,824 |
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Creditors |
25,080,551 |
-16.38 |
29,992,111 |
-5.10 |
31,602,950 |
0.59 |
31,418,101 |
8.74 |
28,892,535 |
|
|
Other long term loans |
1,450,200 |
-4.33 |
1,515,800 |
-1.94 |
1,545,800 |
3.27 |
1,496,800 |
7.81 |
1,388,310 |
|
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Other long term liabilities |
-1 |
- |
0 |
-100 |
1 |
- |
0 |
- |
0 |
|
|
Total long term debts |
2,350,579 |
-2.71 |
2,416,169 |
-1.23 |
2,446,243 |
3.22 |
2,369,919 |
6.08 |
2,234,134 |
|
|
Current portion of long term
debt |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Financial debts |
17,744,573 |
-28.53 |
24,828,605 |
42.37 |
17,439,902 |
-11.80 |
19,772,212 |
-0.05 |
19,782,279 |
|
|
Trade creditors |
5,151,994 |
48.15 |
3,477,629 |
-72.16 |
12,493,007 |
24.75 |
10,014,326 |
37.23 |
7,297,450 |
|
|
Amounts Payable for Taxes,
Remuneration & Social Security |
58,330 |
21.21 |
48,124 |
99 |
24,110 |
-31.71 |
35,305 |
-17.19 |
42,631 |
|
|
Miscellaneous current liabilities |
675,454 |
453 |
121,953 |
21.79 |
100,131 |
0.68 |
99,458 |
-73.95 |
381,865 |
|
|
Total current liabilities |
23,630,351 |
-17.02 |
28,476,311 |
-5.26 |
30,057,150 |
0.45 |
29,921,301 |
8.79 |
27,504,225 |
|
|
Total Liabilities |
34,379,164 |
-13.26 |
39,636,533 |
-4.10 |
41,332,845 |
1.23 |
40,830,592 |
8.77 |
37,538,077 |
|
|
Ratio Analysis |
|
|
|
|
|
|
|
|
|
|||||||||||
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|||||||||||
|
Profit Before Tax |
0.08 |
-11.11 |
0.09 |
350 |
0.02 |
-80.0 |
0.10 |
0 |
0.10 |
|||||||||||
|
Return on capital employed |
0.93 |
-29.55 |
1.32 |
355 |
0.29 |
-84.49 |
1.87 |
66.96 |
1.12 |
|||||||||||
|
Return on total assets employed |
0.29 |
-21.62 |
0.37 |
362 |
0.08 |
-84.00 |
0.50 |
66.67 |
0.30 |
|||||||||||
|
Return on net assets employed |
1.19 |
-29.59 |
1.69 |
356 |
0.37 |
-84.45 |
2.38 |
65.28 |
1.44 |
|||||||||||
|
Sales / net working capital |
12.88 |
-15.32 |
15.21 |
-24.78 |
20.22 |
1.20 |
19.98 |
71.94 |
11.62 |
|||||||||||
|
Stock turnover ratio |
3.67 |
35.42 |
2.71 |
-39.64 |
4.49 |
76.77 |
2.54 |
-73.76 |
9.68 |
|||||||||||
|
Creditor days |
14.72 |
81.50 |
8.11 |
-62.70 |
21.74 |
19.19 |
18.24 |
-27.16 |
25.04 |
|||||||||||
|
Debtor days |
76.39 |
-3.52 |
79.18 |
49.93 |
52.81 |
-14.82 |
62.00 |
-29.05 |
87.39 |
|||||||||||
|
Short Term
Stability |
|
|
|
|
|
|
|
|
|
|||||||||||
|
Current ratio |
1.42 |
4.41 |
1.36 |
0.74 |
1.35 |
0.75 |
1.34 |
0 |
1.34 |
|||||||||||
|
Liquidity ratio / acid ratio |
1.22 |
0.83 |
1.21 |
17.48 |
1.03 |
-11.97 |
1.17 |
21.88 |
0.96 |
|||||||||||
|
Current debt ratio |
2.81 |
-13.80 |
3.26 |
-4.12 |
3.40 |
-2.86 |
3.50 |
-0.85 |
3.53 |
|||||||||||
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|||||||||||
|
Cashflow |
74,148 |
-45.22 |
135,355 |
93.71 |
69,875 |
-61.98 |
183,795 |
54.14 |
119,241 |
|||||||||||
|
Net worth |
8,398,234 |
-3.95 |
8,744,053 |
-0.97 |
8,829,452 |
3.40 |
8,539,372 |
9.48 |
7,799,719 |
|||||||||||
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|||||||||||
|
Gearing |
228.56 |
-24.14 |
301.28 |
40.11 |
215.03 |
-13.67 |
249.07 |
-8.24 |
271.43 |
|||||||||||
|
Equity in percentage |
24.43 |
10.74 |
22.06 |
3.28 |
21.36 |
2.15 |
20.91 |
0.63 |
20.78 |
|||||||||||
|
Total debt ratio |
3.09 |
-12.46 |
3.53 |
-4.08 |
3.68 |
-2.65 |
3.78 |
-0.79 |
3.81 |
|||||||||||
|
Working capital |
9,984,270 |
-3.50 |
10,346,228 |
-0.72 |
10,421,027 |
3.32 |
10,086,174 |
8.99 |
9,254,435 |
|||||||||||
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|||||||||||
|
Operating Income |
128,610,567 |
-18.31 |
157,437,135 |
-25.31 |
210,776,792 |
4.57 |
201,566,368 |
87.45 |
107,529,724 |
|||||||||||
|
Turnover |
128,594,746 |
-18.31 |
157,412,760 |
-25.31 |
210,759,089 |
4.57 |
201,552,060 |
87.46 |
107,516,334 |
|||||||||||
|
Total operating expenses |
127,710,547 |
-18.40 |
156,504,259 |
-25.38 |
209,723,451 |
4.65 |
200,410,790 |
88.38 |
106,388,267 |
|||||||||||
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|||||||||||
|
Operating Charges |
127,726,368 |
-18.40 |
156,528,634 |
-25.37 |
209,741,154 |
4.65 |
200,425,099 |
88.37 |
106,401,657 |
|||||||||||
|
Employee costs |
183,228 |
34.32 |
136,408 |
-0.26 |
136,767 |
5.22 |
129,979 |
-4.93 |
136,714 |
|||||||||||
|
Wages and salary |
130,571 |
37.09 |
95,245 |
-3.16 |
98,358 |
3.92 |
94,651 |
-2.30 |
96,882 |
|||||||||||
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|||||||||||
|
Social security |
30,286 |
45.73 |
20,782 |
6.67 |
19,482 |
7.39 |
18,142 |
-3.42 |
18,785 |
|||||||||||
|
contributions |
|
|
|
|
|
|
|
|
|
|||||||||||
|
Other employee costs |
22,370 |
9.75 |
20,382 |
7.69 |
18,926 |
10.12 |
17,187 |
-18.34 |
21,048 |
|||||||||||
|
Director remuneration |
285,882 |
-5.24 |
301,681 |
- |
- |
- |
313,451 |
- |
- |
|||||||||||
|
Amortization and depreciation |
41,547 |
-15.89 |
49,397 |
-16.76 |
59,344 |
10.61 |
53,651 |
2.82 |
52,180 |
|||||||||||
|
Operating result |
884,199 |
-2.67 |
908,501 |
-12.28 |
1,035,638 |
-9.26 |
1,141,270 |
1.17 |
1,128,067 |
|||||||||||
|
Total financial income |
182,769 |
86.75 |
97,869 |
-16.26 |
116,866 |
-45.68 |
215,149 |
29794 |
720 |
|||||||||||
|
Total financial expenses |
966,964 |
12.62 |
858,582 |
-23.31 |
1,119,556 |
-2.89 |
1,152,874 |
13.46 |
1,016,086 |
|||||||||||
|
Results on ordinary operations before taxation |
100,004 |
-32.33 |
147,787 |
348 |
32,947 |
-83.81 |
203,545 |
80.61 |
112,701 |
|||||||||||
|
Extraordinary Income |
7,538 |
73.73 |
4,339 |
-77.67 |
19,428 |
456 |
3,488 |
- |
- |
|||||||||||
|
Extraordinary Charges |
4,268 |
983 |
394 |
- |
- |
- |
- |
- |
- |
|||||||||||
|
Extraordinary items |
3,270 |
-17.11 |
3,945 |
-79.69 |
19,428 |
456 |
3,488 |
- |
0 |
|||||||||||
|
Results for the Year Before
Taxation |
103,274 |
-31.94 |
151,732 |
189 |
52,376 |
-74.70 |
207,032 |
83.70 |
112,701 |
|||||||||||
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
||||||||||
|
Taxation |
70,673 |
7.45 |
65,774 |
57.18 |
41,845 |
-45.58 |
76,888 |
68.47 |
45,640 |
|
||||||||||
|
Results on ordinary operations
after taxation |
29,331 |
-64.24 |
82,013 |
921 |
-8,898 |
-107 |
126,657 |
88.87 |
67,061 |
|||||||||||
|
Net result |
32,601 |
-62.07 |
85,958 |
716 |
10,531 |
-91.91 |
130,144 |
94.07 |
67,061 |
|||||||||||
|
Profit (Loss) for the year to be appropriated |
32,601 |
-62.07 |
85,958 |
716 |
10,531 |
-91.91 |
130,144 |
94.07 |
67,061 |
|||||||||||
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|||||||||||
Social BALANCE SHEET DETAILS
|
|
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2013 |
|
|
Full-time
Employees |
3 |
|
Part-time
Employees |
3 |
|
Total
Fte Employees |
5 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
5,252 |
|
Part-time
Employees |
3,085 |
|
Total |
8,337 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
98,834 |
|
Part-time
Employees |
84,394 |
|
Total |
183,228 |
|
|
|
|
Benefits
In Addition To Wages |
- |
|
During the
previous reporting year |
|
|
Average
number employees in Fte |
5 |
|
Actual
working hours |
7,249 |
|
Personnel
Charges |
130,504 |
|
Benefits
In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited
Duration Contracts |
3 |
3 |
5 |
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
1 |
- |
1 |
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
- |
1 |
1 |
|
Secondairy education |
2 |
2 |
3 |
|
Working Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White collar worker |
1 |
2 |
2 |
|
Blue collar worker |
2 |
1 |
3 |
|
|
|
|
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
- |
1 |
1 |
|
Industry comparison |
||
|
Activity code |
32121 |
|
|
Activity description |
Preparation of diamonds |
|
|
Payment expectations |
||
|
Payment expectation days |
14.72 |
|
|
Day sales outstanding |
76.39 |
|
|
Industry comparison |
||
|
Activity code |
32121 |
|
|
Activity description |
Preparation of diamonds |
|
|
Industry average payment
expectation days |
101.08 |
|
|
Industry average day sales outstanding |
111.85 |
|
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
14.72 |
|
Lower |
131.45 |
|
Median |
74.35 |
|
Upper |
36.09 |
|
Day sales outstanding |
|
|
Company result |
76.39 |
|
Lower |
108.98 |
|
Median |
56.61 |
|
Upper |
18.94 |
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
|
Business Number |
Company
name |
% |
Date
of Accounts |
|
11-41203 |
GOLDIAM INTERNATIONAL |
10.82 |
31/03/2014 |
|
Individual
Shareholders |
|
|
|
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Akshaykumar |
Middle
name |
- |
|
Surname |
Mehta |
|
|
|
|
|
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
17/07/1997(estimated) |
End
date |
- |
|
Percentage
owned |
20% |
|
|
|
|
|
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street
name |
Mechelsesteenweg |
House
number |
213 |
|
Minor town |
- |
Postal
town |
Antwerpen |
|
Post code |
2018 |
Country |
Belgium |
|
|
|
|
|
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Dilip |
Middle
name |
- |
|
Surname |
Thakker |
|
|
|
|
|
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
17/07/1997(estimated) |
End
date |
- |
|
Percentage
owned |
40% |
|
|
|
|
|
|
|
|
Street name |
Van Eycklei |
House number |
6 |
|
Minor town |
- |
Postal town |
Antwerpen |
|
Post code |
2018 |
Country |
Belgium |
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
There is no data for this company
Current Director Details
|
Name |
SAGAR MEHTA |
|
|
Position |
Director |
|
|
Start Date |
01/10/2013 |
|
|
Street |
213 MECHELSESTEENWEG ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Former
Director Details |
|
|
|
Name |
SHALIN JHAVERI |
|
|
Position |
Director |
|
|
Start Date |
01/07/2008 |
|
|
End Date |
Unknown date |
|
|
|
|
|
|
Name |
SHEKHAR NARESH SEDANI |
|
|
Position |
Director |
|
|
Start Date |
01/01/2007 |
|
|
End Date |
Unknown date |
|
|
Street |
122 BELGIËLEI ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Name |
SANAT ARVINDBHAI JHAVERI |
|
|
Position |
Director |
|
|
Start Date |
12/06/2008 |
|
|
End Date |
Unknown date |
|
|
Street |
2 LANGE LEEMSTRAAT ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Name |
AKSHAYKUMAR TRIKAMIAL MEHTA |
|
|
Position |
Managing Director |
|
|
Start Date |
11/08/2010 |
|
|
End Date |
Unknown date |
|
|
Street |
213 MECHELSESTEENWEG ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Position |
Director |
|
|
Start Date |
24/04/1997 |
|
|
End Date |
Unknown date |
|
|
Street |
213 MECHELSESTEENWEG ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Name |
DILIP RAMNIKLAL THAKKER |
|
|
Position |
Chairman of the Board |
|
|
Start Date |
24/04/1997 |
|
|
End Date |
Unknown date |
|
|
Street |
6 VAN EYCKLEI ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Position |
Managing Director |
|
|
Start Date |
23/09/2011 |
|
|
End Date |
Unknown date |
|
|
Street |
6 VAN EYCKLEI ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
|
|
|
|
|
Position |
Director |
|
|
Start Date |
24/04/1997 |
|
|
End Date |
01/01/2002 |
|
|
Street |
6 VAN EYCKLEI ANTWERPEN |
|
|
Post code |
2018 |
|
|
Country |
Belgium |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.94 |
|
|
1 |
Rs.96.24 |
|
Euro |
1 |
Rs.70.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.