|
Report No. : |
306100 |
|
Report Date : |
31.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
DIASTAR NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 53-Bus 27 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
18.06.1981 |
|
|
|
|
Com. Reg. No.: |
421691761 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale of Diamonds and Other Precious Stones. |
|
|
|
|
No. of Employee : |
2 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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 |
421691761 |
|
Branche Unit Number |
2019068064 |
|
Company name |
DIASTAR NV |
|
Address |
HOVENIERSSTRAAT 53-BUS 27 |
|
|
2018 ANTWERPEN |
|
Number of staff |
2 |
|
Date of establishment |
18/06/1981 |
|
Telephone number |
032340201 |
|
Fax number |
032261960 |
The business was established
over 33 years ago.
The
business has 1 employees.
The business has been at
the address for over 12 years.
Operating Result in the latest
trading period decreased 158% on the
previous trading period.
A 47% decline in Total
Assets occurred during the latest trading
period.
Pre-tax profits decreased by
371% compared to the previous trading
period.
ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
26,694,544 |
-147,377 |
3,056,718 |
4,039,753 |
|
31/12/2012 |
26,816,066 |
54,191 |
3,153,799 |
4,162,441 |
|
31/12/2011 |
51,521,628 |
60,905 |
3,172,896 |
4,181,020 |
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
5,884,114 |
2 |
2,318,347 |
59,703 |
|
31/12/2012 |
11,152,667 |
2 |
2,423,218 |
64,282 |
|
31/12/2011 |
12,621,075 |
2 |
2,471,177 |
73,725 |
TRENDS
Profitability
Liquidity
Net worth
PAYMENT EXPECTATIONS
|
Past payments |
|
Payment expectation days |
11.49 |
|
Industry average payment |
124.20 |
Industry average day sales |
181.51 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
65.80 |
|
|
BANKRUPTCY
DETAILS
Court
action type No
PROTESTED
BILLS
Bill
amount -
NSSO
DETAILS
Date
of summons -
|
Business
number |
421691761 |
Company
name |
DIASTAR NV |
|
Fax
number |
032261960 |
Date
founded |
18/06/1981 |
|
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.0421.691.761 Check VAT number |
|
Belgian
Bullettin of Acts |
moniteur belge |
|
|
|
Registered
contractor |
- |
|
number |
|
|
Contractor
description |
- |
|
Date
struck off register |
|
|
|
|
|
PERSONNEL
(NSSO CLASSIFICATION) |
|
|
Code |
- |
|
Description |
- |
|
|
|
|
JOINT
INDUSTRIAL COMMITTEE (JIC) |
|
|
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 |
30/03/2012 |
|
Event
Description |
re-appointment of director(s) |
|
Event
Details |
Commentaar 30-03-2012: Herbenoemd
als bestuurder tot na de jaarvergadering
van 2018: Parikh |
|
|
Shetul en Shah Dipendu
(tevens als gedelegeerd bestuurder). |
|
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 |
285,890 |
-10.01 |
317,683 |
-7.77 |
344,451 |
-1.12 |
348,358 |
0.57 |
346,400 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
284,599 |
-10.03 |
316,334 |
-7.79 |
343,075 |
-1.14 |
347,026 |
0.54 |
345,164 |
|
Land & building |
272,350 |
-7.96 |
295,911 |
-5.53 |
313,232 |
-0.37 |
314,405 |
4.13 |
301,933 |
|
Plant & machinery |
3,074 |
18.96 |
2,584 |
-18.92 |
3,187 |
-37.19 |
5,074 |
-43.80 |
9,029 |
|
Furniture & Vehicles |
9,175 |
-48.56 |
17,838 |
-33.08 |
26,656 |
-3.23 |
27,547 |
-19.46 |
34,203 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
-100 |
1 |
- |
0 |
- |
0 |
0 |
-1 |
|
Financial fixed assets |
1,291 |
-4.30 |
1,349 |
-1.96 |
1,376 |
3.30 |
1,332 |
7.77 |
1,236 |
|
Total current assets |
5,598,224 |
-48.33 |
10,834,984 |
-11.74 |
12,276,624 |
62.46 |
7,556,802 |
14.10 |
6,622,740 |
|
Inventories |
185,613 |
-87.98 |
1,544,722 |
-56.04 |
3,513,847 |
229 |
1,067,565 |
15.63 |
923,225 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
185,613 |
-87.98 |
1,544,722 |
-56.04 |
3,513,847 |
229 |
1,067,565 |
15.63 |
923,225 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
4,812,495 |
-43.97 |
8,589,081 |
7.56 |
7,985,308 |
37.23 |
5,819,113 |
20.22 |
4,840,480 |
|
Other amounts receivable |
583,766 |
-14.43 |
682,197 |
-9.64 |
754,984 |
16.80 |
646,401 |
10.41 |
585,479 |
|
Cash |
6,832 |
-19.44 |
8,481 |
-4.47 |
8,878 |
-4.04 |
9,252 |
-96.42 |
258,620 |
|
Miscellaneous current assets |
9,519 |
-9.37 |
10,503 |
-22.81 |
13,607 |
-5.97 |
14,471 |
-3.11 |
14,936 |
|
Total Assets |
5,884,114 |
-47.24 |
11,152,667 |
-11.63 |
12,621,075 |
59.66 |
7,905,160 |
13.43 |
6,969,140 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
3,056,718 |
-3.08 |
3,153,799 |
-0.60 |
3,172,896 |
4.87 |
3,025,510 |
9.25 |
2,769,267 |
|
Issued share capital |
2,318,347 |
-4.33 |
2,423,218 |
-1.94 |
2,471,177 |
3.27 |
2,392,844 |
7.81 |
2,219,551 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
738,371 |
1.07 |
730,581 |
4.11 |
701,719 |
10.91 |
632,666 |
15.09 |
549,716 |
|
Provisions for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
2,827,396 |
-64.65 |
7,998,868 |
-15.34 |
9,448,179 |
93.62 |
4,879,650 |
16.19 |
4,199,873 |
|
Other long term loans |
- |
- |
- |
- |
- |
- |
- |
- |
355,942 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
1,268,925 |
-4.33 |
1,326,325 |
-1.94 |
1,352,575 |
3.27 |
1,309,700 |
7.81 |
1,214,850 |
|
Total long term debts |
1,268,925 |
-4.33 |
1,326,325 |
-1.94 |
1,352,575 |
3.27 |
1,309,700 |
-16.62 |
1,570,792 |
|
Current portion of long term debt |
- |
- |
- |
- |
- |
- |
22,725 |
-8.33 |
24,791 |
|
Financial debts |
700,314 |
-49.82 |
1,395,709 |
-29.26 |
1,973,046 |
75.67 |
1,123,174 |
26841 |
4,169 |
|
Trade creditors |
842,875 |
-83.96 |
5,254,270 |
-13.91 |
6,103,235 |
155 |
2,392,049 |
13.37 |
2,109,972 |
|
Amounts Payable for Taxes, Remuneration & Social Security |
14,799 |
-29.14 |
20,884 |
23.43 |
16,920 |
10.64 |
15,293 |
34.88 |
11,338 |
|
Miscellaneous current liabilities |
483 |
-71.25 |
1,680 |
-30.09 |
2,403 |
-85.62 |
16,709 |
-96.51 |
478,811 |
|
Total current liabilities |
1,558,471 |
-76.64 |
6,672,543 |
-17.58 |
8,095,604 |
126 |
3,569,950 |
35.79 |
2,629,081 |
|
Total Liabilities |
5,884,114 |
-47.24 |
11,152,667 |
-11.63 |
12,621,075 |
59.66 |
7,905,160 |
13.43 |
6,969,140 |
|
RATIO
ANALYSIS |
|||||||||
|
TRADING
PERFORMANCE |
|||||||||
|
Profit Before Tax |
-0.55 |
-375 |
0.20 |
66.67 |
0.12 |
-25.00 |
0.16 |
77.78 |
0.09 |
|
Return on capital employed |
-3.41 |
-381 |
1.21 |
-10.37 |
1.35 |
10.66 |
1.22 |
171 |
0.45 |
|
Return on total assets employed |
-2.50 |
-610 |
0.49 |
2.08 |
0.48 |
-28.36 |
0.67 |
139 |
0.28 |
|
Return on net assets employed |
-4.82 |
-380 |
1.72 |
-10.42 |
1.92 |
9.71 |
1.75 |
150 |
0.70 |
|
Sales / net working capital |
6.61 |
2.64 |
6.44 |
-47.73 |
12.32 |
48.26 |
8.31 |
54.75 |
5.37 |
|
Stock turnover ratio |
0.70 |
-87.85 |
5.76 |
-15.54 |
6.82 |
111 |
3.22 |
-25.12 |
4.30 |
|
Creditor days |
11.49 |
-84.02 |
71.89 |
65.76 |
43.37 |
63.60 |
26.51 |
-26.46 |
36.05 |
|
Debtor days |
65.80 |
-43.72 |
116.91 |
106 |
56.57 |
-11.73 |
64.09 |
-22.15 |
82.33 |
SHORT TERM STABILITY
|
Current ratio |
3.59 |
121 |
1.62 |
6.58 |
1.52 |
-28.30 |
2.12 |
-15.87 |
2.52 |
|
Liquidity ratio / acid ratio |
3.47 |
149 |
1.39 |
28.70 |
1.08 |
-40.66 |
1.82 |
-16.13 |
2.17 |
|
Current debt ratio |
0.51 |
-75.94 |
2.12 |
-16.86 |
2.55 |
116 |
1.18 |
24.21 |
0.95 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
59,703 |
-7.12 |
64,282 |
-12.81 |
73,725 |
11.88 |
65,899 |
25.73 |
52,415 |
|
Net worth |
3,056,718 |
-3.08 |
3,153,799 |
-0.60 |
3,172,896 |
4.87 |
3,025,510 |
9.25 |
2,769,267 |
|
|
|
|
|
|
|
|
|
|
|
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
22.91 |
-48.23 |
44.25 |
-28.84 |
62.18 |
64.19 |
37.87 |
172 |
13.90 |
|
Equity in percentage |
51.95 |
83.70 |
28.28 |
12.49 |
25.14 |
-34.31 |
38.27 |
-3.70 |
39.74 |
|
Total debt ratio |
0.92 |
-63.78 |
2.54 |
-14.77 |
2.98 |
85.09 |
1.61 |
5.92 |
1.52 |
|
Working capital |
4,039,753 |
-2.95 |
4,162,441 |
-0.44 |
4,181,020 |
4.87 |
3,986,852 |
-0.17 |
3,993,659 |
|
PROFIT
& LOSS |
|
|
|
|
|
|
|
|
|
|
Operating Income |
26,695,162 |
-0.46 |
26,817,449 |
-47.95 |
51,524,121 |
55.46 |
33,142,746 |
54.39 |
21,466,490 |
|
Turnover |
26,694,544 |
-0.45 |
26,816,066 |
-47.95 |
51,521,628 |
55.46 |
33,142,283 |
54.43 |
21,460,690 |
|
Total operating expenses |
26,774,531 |
0.36 |
26,678,646 |
-48.07 |
51,369,576 |
55.98 |
32,932,489 |
54.17 |
21,360,670 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
26,775,149 |
0.36 |
26,680,029 |
-48.07 |
51,372,069 |
55.99 |
32,932,952 |
54.13 |
21,366,469 |
|
Employee costs |
62,387 |
-14.43 |
72,905 |
6.43 |
68,502 |
21.15 |
56,542 |
3.60 |
54,575 |
|
Wages and salary |
48,890 |
-11.04 |
54,958 |
4.56 |
52,563 |
19.22 |
44,090 |
2.83 |
42,876 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
11,754 |
-19.86 |
14,666 |
16.53 |
12,586 |
30.44 |
9,649 |
6.43 |
9,066 |
|
Other employee costs |
1,743 |
-46.86 |
3,280 |
-2.18 |
3,353 |
19.62 |
2,803 |
6.46 |
2,633 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
90,730 |
5.13 |
86,306 |
|
Amortization and depreciation |
20,296 |
-6.90 |
21,801 |
-14.11 |
25,383 |
-1.87 |
25,868 |
13.55 |
22,782 |
|
Operating result |
-79,987 |
-158 |
137,420 |
-9.62 |
152,052 |
-27.52 |
209,794 |
109 |
100,020 |
|
Total financial income |
30,502 |
-13.21 |
35,145 |
-53.61 |
75,760 |
360 |
16,463 |
6619 |
245 |
|
Total financial expenses |
97,892 |
-17.30 |
118,375 |
-29.08 |
166,907 |
-3.76 |
173,425 |
114 |
80,863 |
|
Results on ordinary operations |
-147,377 |
-371 |
54,191 |
-11.02 |
60,905 |
15.28 |
52,832 |
172 |
19,402 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
203,876 |
2432 |
8,051 |
4.60 |
7,697 |
- |
- |
- |
15,481 |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
203,876 |
2432 |
8,051 |
4.60 |
7,697 |
- |
0 |
-100 |
15,481 |
|
Results for the Year Before Taxation |
56,499 |
-9.23 |
62,242 |
-9.27 |
68,602 |
29.85 |
52,832 |
51.45 |
34,883 |
|
Other appropriations Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Results on ordinary operations after taxation |
-164,469 |
-577 |
34,430 |
-15.29 |
40,645 |
1.53 |
40,031 |
182 |
14,152 |
|
Net result |
39,407 |
-7.24 |
42,481 |
-12.12 |
48,342 |
20.76 |
40,031 |
35.09 |
29,633 |
|
Profit (Loss) for the Year to
be appropiated |
39,407 |
-7.24 |
42,481 |
-12.12 |
48,342 |
20.76 |
40,031 |
35.09 |
29,633 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social Balance Sheet
Details
|
Social
Balance Sheet |
|
Total |
|
During the reporting year |
|
|
|
ended 31-12-2013 |
|
|
|
Full-time Employees |
|
2 |
|
Part-time Employees |
|
1 |
|
Total Fte Employees |
|
3 |
|
Number of hours worked |
|
|
|
Full-time Employees |
|
2,862 |
|
Part-time Employees |
|
904 |
|
Total |
|
3,766 |
|
Personnel Charges |
|
|
|
Full-time Employees |
|
42,645 |
|
Part-time Employees |
|
19,742 |
|
Total |
|
62,387 |
|
Benefits In Addition To Wages |
|
- |
|
During the previous reporting year |
|
|
|
Average number employees in Fte |
|
2 |
|
Actual working hours |
|
3,592 |
|
Personnel Charges |
|
69,750 |
|
Benefits In Addition To Wages |
|
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
2 |
1 |
3 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
GENDER
AND EDUCATION LEVEL
|
MEN |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
1 |
- |
1 |
|
Higher education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
|
|
|
|
|
WOMEN |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
1 |
1 |
2 |
|
Higher education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
WORKING
CATEGORY |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
1 |
- |
1 |
|
Blue collar worker |
1 |
1 |
2 |
|
Other |
- |
- |
- |
TEMPORARY PERSONNEL
|
Average Number of Temporary Staff |
|
- |
|
|
Actual working hours |
|
- |
|
|
Cost of temporary staff |
|
- |
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
Total of formal continuing
vocational training initiatives |
|
|
|
for workers paid by the
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Total of less formal and
informal continuing vocational |
|
|
|
training initiatives for workers
paid by the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Total of initial training
initiatives at the expense of the |
|
|
|
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Industry
comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and
other precious stones |
|
industry average credit |
64.48 |
|
rating |
|
|
Industry average credit limit |
140177.31 |
|
Suspension
of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
PAYMENT
EXPECTATIONS |
|
|
Payment expectation days |
11.49 |
|
Day sales outstanding |
65.80 |
|
INDUSTRY
COMPARISON |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and
other precious stones |
|
Industry average payment expectation
days |
124.20 |
|
Industry average day sales outstanding |
181.51 |
INDUSTRY QUARTILE ANALYSIS
Payment Expectations
|
Company result |
11.49 |
|
Lower |
120.76 |
|
Median |
74.63 |
|
Upper |
46.13 |
|
DAY
SALES OUTSTANDING |
|
|
Company result |
65.80 |
|
Lower |
102.27 |
|
Median |
54.08 |
|
Upper |
24.18 |
|
Summary |
|
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
GROUP STRUCTURE
No group structure for this
company.
MINORITY SHAREHOLDERS
No minority shareholders found
MINORITY INTERESTS
No minority interests found
COMPANIES
THAT MATCH THIS ADDRESS
No Companies Match this address
SUMMARY
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
there is no data for
this company
there is no data for
this company
there is no data for this
company
CURRENT DIRECTOR DETAILS
|
Name |
SHETUL RANJIT PARIKH |
|
Position |
Managing Director |
|
Start
Date |
01/04/2012 |
|
Street |
174 BELGIËLEI ANTWERPEN |
|
Post
code |
2018 |
|
Country |
Belgium |
|
Position |
Director |
|
Start
Date |
29/03/2002 |
|
Street |
174 BELGIËLEI ANTWERPEN |
|
Post
code |
2018 |
|
Country |
Belgium |
|
|
|
|
Name |
SHAH DIPENDU |
|
Position |
Managing Director |
|
Start
Date |
25/05/2012 |
|
Street |
|
|
Post
code |
|
|
Country |
United Arab Emirates |
|
Position |
Director |
|
Start
Date |
23/07/2010 |
|
Street |
|
|
Post
code |
|
|
Country |
United Arab Emirates |
|
|
|
|
Name |
DIPENDU SHAH |
|
Position |
Managing Director |
|
Start Date |
07/05/2007 |
|
Street |
|
|
Post
code |
|
|
Country |
|
FORMER DIRECTOR DETAILS
|
Name |
SHETUL RANJIT PARIKH |
|
Position |
Principal Manager |
|
Start Date |
03/05/1999 |
|
End Date |
29/03/2002 |
|
Street |
174 BELGIËLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
DINESH SHAH |
|
Position |
Chairman of the Board |
|
Start Date |
25/02/2008 |
|
End Date |
Unknown date |
|
Street |
14 TEN BOGAERDEPLEIN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Position |
Principal Manager |
|
Start Date |
12/08/1997 |
|
End Date |
29/03/2002 |
|
Street |
14 TEN BOGAERDEPLEIN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Position |
Managing Director |
|
Start Date |
31/10/2007 |
|
End Date |
Unknown date |
|
Street |
14 TEN BOGAERDEPLEIN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
29/03/2002 |
|
End Date |
Unknown date |
|
Street |
14 TEN BOGAERDEPLEIN EDEGEM |
|
Post code |
2650 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
|
|
1 |
Rs.93.13 |
|
Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.