MIRA INFORM REPORT
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Report No. : |
300974 |
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Report Date : |
07.01.2015 |
IDENTIFICATION DETAILS
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Name : |
LALESSE EXTRUSION B.V. |
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Registered Office : |
Hortensialaan 1d 6851TB Huissen |
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Country : |
Netherlands |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
10.02.2006 |
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Com. Reg. No.: |
09158387 |
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Legal Form : |
Private Company |
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Line of Business : |
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No. of Employees : |
05 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but correct |
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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) |
|
Netherlands |
B1 |
B1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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
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Source
: CIA |
Company
name and address
Company name LALESSE
EXTRUSION B.V.
Operative address Hortensialaan
1d
6851TB Huissen
Netherlands
Legal form Private
Company
Registration number KvK-nummer:
09158387
VAT-number 815545320
|
Year |
2012 |
|
Mutation |
2011 |
|
Mutation |
2010 |
|
Fixed assets |
48.207 |
|
2,69 |
46.942 |
|
43,58 |
32.693 |
|
Total receivables |
245.715 |
|
16,28 |
211.312 |
|
0,61 |
210.033 |
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|||||||
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Total equity |
47.768 |
|
165,38 |
18.000 |
|
-90,33 |
186.116 |
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Short term liabilities |
484.641 |
|
7,00 |
452.948 |
|
1,79 |
444.994 |
|
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|||||||
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Working capital |
87.061 |
|
-18,87 |
107.308 |
|
-38,12 |
173.423 |
|
Quick ratio |
0,51 |
% |
-5,56 |
0,54 |
|
-12,90 |
0,62 |
Contact
information
Company name Lalesse
Extrusion B.V.
Trade names Lalesse
Extrusion B.V.
Operative address Hortensialaan
1d
6851TB Huissen
Netherlands
Correspondence address Hortensialaan
1d
6851TB Huissen
Netherlands
Telephone number 0883790671
Fax number
0883790611
Email address
info@lalesse-extrusion.com
Website www.lalesse-extrusion.com
Registration
Registration number KvK-nummer:
09158387
Branch number 000019034695
VAT-number 815545320
Status Active
First registration company register 2006-06-09
Memorandum 2006-06-08
Establishment date 2006-02-10
Legal form Private
Company
Issued placed capital EUR
18.000
Paid up share capital EUR
18.000
Activities
SBI Manufacture
of machinery for food, beverage and tobacco processing (2893)
Engineers
and other technical design and consultancy (7112)
Exporter No
Importer No
Goal Het ontwerpen, produceren en
assembleren van machines en installaties voor de
voedingsmidde- lenindustrie.
Management
Active management
Mekelenkamp Holding B.V.
Forelgracht 3
6642ED BEUNINGEN GLD
Netherlands
Registration number: 091276110000
Competence: Fully authorized
Function: General Director
Starting date: 2006-06-08
Employees
|
Year |
2014 |
2013 |
2012 |
2011 |
2010 |
|
Total |
5 |
5 |
4 |
5 |
5 |
Payments
Description Payments
made under regular condition
Key figures
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|||||
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Year |
2012 |
2011 |
2010 |
2009 |
2008 |
|
Quick ratio |
0,51 |
0,54 |
0,62 |
0,52 |
0,41 |
|
Current ratio |
1,18 |
1,24 |
1,39 |
1,48 |
1,49 |
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|||||
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Working capital/ balance total |
0,14 |
0,18 |
0,27 |
0,29 |
0,28 |
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Equity / balance total |
0,08 |
0,03 |
0,29 |
0,39 |
0,37 |
|
Equity / Fixed assets |
0,99 |
0,38 |
5,69 |
3,75 |
2,45 |
|
Equity / liabilities |
0,08 |
0,03 |
0,40 |
0,65 |
0,60 |
|
Balance total / liabilities |
1,08 |
1,03 |
1,40 |
1,65 |
1,60 |
|
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|||||
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Working capital |
87.061 |
107.308 |
173.423 |
137.766 |
124.644 |
|
Equity |
47.768 |
18.000 |
186.116 |
187.797 |
168.379 |
|
Mutation equity |
165,38 |
-90,33 |
-0,90 |
11,53 |
665,36 |
|
Mutation short term liabilities |
7,00 |
1,79 |
54,19 |
12,75 |
-45,19 |
Summary
The 2012 financial result structure is a postive working
captial of 87.061 euro, which is in
agreement with 14 % of the total assets of the company.
The working capital has diminished with -18.87 % compared
to previous year. The ratio, with
respect to the total assets of the company has however,
declined.
The deterioration between 2011 and 2012 has mainly been
caused by an increase of the
current liabilities.
The current ratio of the company in 2012 was 1.18. When
the current ratio is below 1.5, the
company may have problems meeting its short-term
obligations.
The quick ratio in 2012 of the company was 0.51. A company
with a Quick Ratio of less than
1 cannot currently pay back its current liabilities.
The 2011 financial result structure is a postive working
captial of 107.308 euro, which is in
agreement with 18 % of the total assets of the company.
The working capital has diminished with -38.12 % compared
to previous year. The ratio, with
respect to the total assets of the company has however,
declined.
The deterioration between 2010 and 2011 has mainly been
caused by an increase of the
current liabilities.
The current ratio of the company in 2011 was 1.24. When
the current ratio is below 1.5, the
company may have problems meeting its short-term
obligations.
The quick ratio in 2011 of the company was 0.54. A company
with a Quick Ratio of less than
1 cannot currently pay back its current liabilities.
Financial
statement
Last annual account 2012
Remark annual account The
company is obliged to file its financial statements.
Type of annual account
Corporate
Annual account Lalesse
Extrusion B.V.
Hortensialaan 1d
6851TB Huissen
Netherlands
Registration
number: 091583870000
Balance
|
Year |
2012 |
2011 |
2010 |
2009 |
2008 |
|
End date |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
2008-12-31 |
|
Intangible fixed assets |
|
10.000 |
20.000 |
32.000 |
44.000 |
|
Tangible fixed assets |
48.207 |
36.942 |
12.693 |
18.031 |
24.735 |
|
Fixed assets |
48.207 |
46.942 |
32.693 |
50.031 |
68.735 |
|
Total stock |
325.359 |
314.515 |
344.277 |
277.611 |
275.613 |
|
Total receivables |
245.715 |
211.312 |
210.033 |
117.230 |
95.668 |
|
Liquid
funds |
628 |
34.429 |
64.107 |
31.531 |
9.338 |
|
Current assets |
571.702 |
560.256 |
618.417 |
426.372 |
380.619 |
|
Total assets |
619.909 |
607.198 |
651.110 |
476.403 |
449.354 |
|
Issued capital |
18.000 |
18.000 |
18.000 |
18.000 |
18.000 |
|
Other reserves |
29.768 |
|
168.116 |
169.797 |
150.379 |
|
Total reserves |
29.768 |
|
168.116 |
169.797 |
150.379 |
|
Total equity |
47.768 |
18.000 |
186.116 |
187.797 |
168.379 |
|
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|||||
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Provisions |
31.250 |
55.000 |
20.000 |
|
|
|
Long term interest yielding debt |
56.250 |
81.250 |
|
|
25.000 |
|
Long term liabilities |
56.250 |
81.250 |
|
25.000 |
|
|
Short term liabilities |
484.641 |
452.948 |
444.994 |
288.606 |
255.975 |
|
Total short and long term liabilities |
572.141 |
589.198 |
464.994 |
288.606 |
280.975 |
|
Total liabilities |
619.909 |
607.198 |
651.110 |
476.403 |
449.354 |
Summary
The total assets of the company increased with 2.09 %
between 2011 and 2012.
The total asset increase is retrievable in the fixed asset
growth of 2.69 %.
The assets growth has been financed by a Net Worth
increase of 165.38 %. The company's
net increase has also covered a reduction of -2.89 % of
the company's indebtedness.
In 2012 the assets of the company were 7.78 % composed of
fixed assets and 92.22 % by
current assets. The assets are being financed by an equity
of 7.71 %, and total debt of 92.29
%.
The total assets of the company decreased with -6.74 %
between 2010 and 2011.
Despite the total assets decrease, non current assets grew
with 43.58 %.
The asset reduction results in an equity decrease of
-90.33 %. Despite the decrease, the
indebtness increased with 26.71 %.
In 2011 the assets of the company were 7.73 % composed of
fixed assets and 92.27 % by
current assets. The assets are being financed by an equity
of 2.96 %, and total debt of 97.04
%.
Analysis
Branch (SBI) Architects,
engineers and technical design and consultancy; testing and analysis (71)
Region Arnhem
In the Netherlands 47723 of
the companies are registered with the SBI code 71
In the region Arnhem 1408 of
the companies are registered with the SBI code 71
In the Netherlands 534 of the
bankrupcties are published within this sector
In the region Arnhem 27 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 Arnhem is normal
Publications
Filings 05-07-2013:
De jaarrekening over 2012 is gepubliceerd.
19-09-2012: De jaarrekening
over 2011 is gepubliceerd.
30-01-2012: De jaarrekening
over 2010 is gepubliceerd.
02-07-2010: De jaarrekening
over 2009 is gepubliceerd.
Functions 17-01-2011:
Per 14-01-2011 is bestuurder 24343472 Ewing B.V. uit functie getreden.
17-01-2011: Per 14-01-2011 is
bestuurder 09132810 Dionysos Beheer B.V. uit functie
getreden.
17-01-2011: Per 14-01-2011 is
bestuurder 09132807 Brisa Beheer B.V. uit functie getreden.
17-01-2011: Per 14-01-2011 is
bestuurder 09132880 Whynott B.V. uit functie getreden.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.39 |
|
|
1 |
Rs.96.72 |
|
Euro |
1 |
Rs.75.80 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
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Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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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 |
-- |
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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.