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Report No. : |
305620 |
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Report Date : |
31.01.2015 |
IDENTIFICATION DETAILS
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Name : |
MILLHOUSE HOLDING
B.V. |
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Operative Office : |
Florijnweg 5a, 6883JN
Velp |
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Country : |
Netherlands |
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Date of Incorporation : |
01.01.2004 |
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Com. Reg. No.: |
09141541 |
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Legal Form : |
Private Company |
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Line of Business : |
Agents involved in the sale of machinery [We tried to confirm / obtain the detailed activity but the same is not available from any sources.] |
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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
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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.
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 reducing 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 Millhouse Holding B.V.
Operative address Florijnweg 5a
6883JN Velp
Netherlands
Status Active
Legal form Besloten
Vennootschap (Private Company)
Registration number KvK-nummer:
09141541
VAT-number 813291008
Company name Millhouse Holding
B.V.
Trade names Millhouse Holding
B.V.
Operative address Florijnweg 5a
6883JN Velp
Netherlands
Correspondence address Postbus 3083
6802DB Arnhem
Netherlands
Mobile number 0627030313
Registration number KvK-nummer:
09141541
Registered in Kamer van
Koophandel Centraal Gelderland
Branch number 000000666939
VAT-number 813291008
Status Active
First registration
company register 2004-04-21
Memorandum 2004-04-20
Establishment date 2004-01-01
Legal form Besloten
Vennootschap (Private Company)
Subscribed share capital EUR 90.000
Issued placed capital EUR 18.000
Paid up share capital EUR 18.000
SBI Agents involved in
the sale of machinery (4614)
Exporter Yes
Importer No
Goal Export van
industriële goederen, deelnemen in- oprichten en/of beheren van
binnenlandse en buitenlandse ondernemingn.
(Exports of industrial goods, participate in- form and / or management of domestic and foreign under nemingn.)
Shareholders Arnold Gijsbert Reinten
Percentage: 100%
EMCG B.V.
Registration number: 091159040000
Accounts Rabobank
Nederland
Account number:
10.18.79.083
Active management A.G.
Reinten (Arnold Gijsbert)
Netherlands
Competence: Limited authorization
Function: General Director
Starting date: 2006-07-18
Date of birth: 1965-05-15, Arnhem, NL
Involved with the following companies
EMCG B.V.
Florijnweg 5a
6883JN VELP GLD
Netherlands
Registration number: 091159040000
Function: Manager
Description Overeenkomstig
conditie
Remark annual account There is no financial
data published
Branch (SBI) Wholesale trade
(no motor vehicles and motorcycles) (46)
Region Arnhem
In the Netherlands 109662 of the companies
are registered with the SBI code 46
In the region Arnhem 2466 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 Arnhem 67 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
Filings 23-06-2010: De
jaarrekening over 2007 is gepubliceerd.
18-05-2010: De
jaarrekening over 2008 is gepubliceerd.
Relations 2
Millhouse Holding B.V.
Florijnweg 5a
6883JN Velp
Netherlands
Registration number: 091415410000
EMCG B.V.
Florijnweg 5a
6883JN VELP GLD
Netherlands
Registration number: 091159040000
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.61.76 |
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UK Pound |
1 |
Rs.93.13 |
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Euro |
1 |
Rs.70.03 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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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.