|
Report Date : |
02.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
HACKETT LTD SUCURSAL EN ESPANA |
|
|
|
|
Registered Office : |
Carretera Laureà Miró, 403-405 - Sant Feliu De Llobregat - Barcelona |
|
|
|
|
Country : |
Spain |
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|
|
|
Date of Incorporation : |
01.01.2010 |
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|
|
|
Legal Form : |
Partnership between two or more companies |
|
|
|
|
Line of Business : |
engaged in
the marketing of Clothing,
Footwear and Fashion Accessories |
|
|
|
|
No of Employees : |
Not Available [We tried to confirm the number of employees but no one is ready to
part any information from the company management.] |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Spain |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Spain ECONOMIC OVERVIEW
Spain experienced a prolonged
recession in the wake of the global financial crisis. GDP contracted by 3.7% in
2009, ending a 16-year growth trend, and continued contracting through most of
2013. Economic growth resumed in late 2013, albeit only modestly, as credit
contraction in the private sector, fiscal austerity, and high unemployment
continued to weigh on domestic consumption and investment. Exports, however,
have been resilient throughout the economic downturn, partially offsetting
declines in domestic consumption and helped to bring Spain's current account
into surplus in 2013 for the first time since 1986. The unemployment rate rose
from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's
public finances as spending on social benefits increased while tax revenues
fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually
reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5%
target negotiated between Spain and the EU. Public debt has increased
substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor
productivity, moderating labor costs, and lower inflation have helped to
improve foreign investor interest in the economy and to reduce government
borrowing costs. The government's ongoing efforts to implement reforms - labor,
pension, health, tax, and education - are aimed at supporting investor
sentiment. The government also has shored up struggling banks exposed to
Spain's depressed domestic construction and real estate sectors by successfully
completing an EU-funded restructuring and recapitalization program in December
2013.
|
Source : CIA |
|
Name |
HACKETT
LTD SUCURSAL EN ESPAÑA |
|
NIF
/ Fiscal code: |
N0068990A |
|
Legal
form: |
Partnership
between two or more companies |
|
Status: |
Active |
|
Location: |
CARRETERA
LAUREÀ MIRÓ, 403-405 - SANT FELIU DE LLOBREGAT - BARCELONA |
|
Telephone: |
936327500 |
|
Partners: |
|
|
|
HACKETT
LIMITED 4 MAGUIRE LONDRES SE1 2NQ (REINO UNIDO) 44 (0) 20 7939 6865 - 100% |
|
Activity: |
|
|
NACE: |
4642
- Wholesale of clothing and footwear |
|
Size: |
Medium |
|
Commercial
scope: |
National |
|
Import
/ export: |
Import:
Yes, Export: No |
|
Legal
Claims: |
No |
|
Business
trend: |
Favourable |
|
Prospects: |
Business
Consolidation |
|
Industry
situation: |
Maturity |
|
Unit: |
Euros |
|
It is a branch in Spain of the British company HACKETT LIMITED, which is installed in Spain since 2010. \par It is engaged in the marketing of clothing, footwear and fashion and to date, has good concept among the sources consulted. \par According to the data presented, we believe that it may be related to normal credit commensurate with its structure. |
|
NIF
/ Fiscal code |
00000000T |
|
Name |
HACKET LTD |
|
Address |
CTRA.LAUREA MIRO,NO
403-405 |
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City |
08980 |
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Province |
BARCELONA |
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Postcode |
08980 |
|
Telephone |
000000000 |
|
Company
name / Name of the subject |
HACKETT
LTD SUCURSAL EN ESPAÑA |
|
Legal
form |
Partnership
between two or more companies |
|
NIF
/ Fiscal code |
N0068990A |
|
Status |
Active |
|
Start
of activity |
01/01/2010 |
|
Professional
address |
CARRETERA
LAUREÀ MIRÓ, 403-405 |
|
City |
SANT
FELIU DE LLOBREGAT |
|
Province |
BARCELONA |
|
Postcode |
08980 |
|
Telephone |
936327500 |
|
Website |
|
|
Partners |
||
|
Name |
Participation
percentage |
|
|
HACKETT
LIMITED 4 MAGUIRE LONDRES SE1 2NQ (REINO UNIDO) 44 (0) 20 7939 6865 |
100% |
|
|
NACE |
4642 |
|
Description
of the NACE code |
Wholesale
of clothing and footwear |
|
Comment
about the activity |
The company is engaged in the marketing of clothing, footwear and fashion accessories. The subject is a delegation in Spain from the UK company KACKETT LIMITED that is registered in the Mercantile Registry of England and Wales No. 1872280 VAT No. 394719017. |
|
Franchise |
No |
|
%
National commercial scope |
100% |
|
Business
size |
Medium |
|
Import |
Yes |
|
Export |
No |
|
Industry
situation |
Maturity |
|
Business
trend |
Favourable |
|
Prospects |
Business
Consolidation |
|
After
efforts made, it was not possible to determintated if the subject has any
staff. |
|
According
to official sources, there are no legal claims registered under the subject's
name |
|
Banks |
|
Despite
the investigations carried out, it was not possible to determine the banks
with which the subject deals. |
|
Despite these efforts, has not been able to obtain information regarding the financial position of the head, as it is a branch in Spain of the firm HACKETT LIMITED England, which is the company that invoiced directly to their client. |
|
It
is a branch in Spain of the British company HACKETT LIMITED, which is
installed in Spain since 2010. \par It is engaged in the marketing of
clothing, footwear and fashion and to date, has good concept among the
sources consulted. \par According to the data presented, we believe that it
may be related to normal credit commensurate with its structure. |
|
Investigation,
Board of Administration (according to registry), Public institution, Chamber
of Commerce, Internal/external DB, Subject |
|
Information
obtained through indirect sources, as the company officials declined to
provide details. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.32 |
|
UK Pound |
1 |
Rs.98.64 |
|
Euro |
1 |
Rs.76.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
MNL |
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.