MIRA INFORM REPORT

 

 

Report No. :

330471

Report Date :

01.07.2015

 

IDENTIFICATION DETAILS

 

Name :

SR  DIA  BVBA 

 

 

Registered Office :

Schupstraat  18-Bus  21, 2018 Antwerpen

 

 

Country :

Belgium

 

 

Date of Incorporation :

24.12.2014

 

 

Com. Reg. No.:

507924959

 

 

Legal Form :

Private  Limited  Company

 

 

LINE OF BUSINESS :

SUBJECT IS ENGAGED IN WHOLESALE  OF  DIAMONDS  AND OTHER  PRECIOUS  STONES

 

 

No. of Employee :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New business 

 

 

Payment Behaviour :

Unknown

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 shifts in foreign demand, particularly in Belgium’s EU trade partners. Roughly three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right government has pledged to further reduce the deficit in response to EU pressure to reduce Belgium’s high public debt, which remains above 100% of GDP, but such efforts could also dampen economic growth. In addition to restrained public spending, low wage growth and high unemployment promise to curtail a more robust recovery in private consumption. The government has pledged to pursue an reform program to improve Belgium’s competitiveness, including changes to tax policy, labor market rules, and welfare benefits. These changes risk worsening tensions with trade unions and triggering extended strikes.

Source : CIA

Company name

 

SR  DIA  BVBA 

 

Company  summary

 

Business  number

507924959

Branche  Unit  Number

2237956086

Company  name

SR  DIA  BVBA

Address

SCHUPSTRAAT  18-BUS  21

 

2018 ANTWERPEN

Date  of  establishment

24/12/2014

Telephone  number

-

Fax  number

-

 

 

Commentary

 

No  employees  are  recorded  for  this  business.

The  business  has  been  at  the  address  for  over  6  months.

There  has  been  no  significant  change  in  the  business's  credit  limit.

The  credit  rating  for  this  business  has  decreased  from  55  to  36.

 

 

Accounts

 

No  key  Financials  Registered

 

 

Payment  expectations

 

Past  payments

 

Payment  expectation  days

-

Industry  average  payment

123.99

Industry  average  day  sales

181.41

expectation  days

 

outstanding

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

Court  action  type

no

PROTESTED  BILLS

Bill  amount

-

NSSO  DETAILS

Date  of  summons

-

 

 

Company  information

 

Business  number

507924959

Company  name

SR  DIA  BVBA

Fax  number

-

Date  founded

24/12/2014

Company  status

active

Company  type

Private  Limited  Company

 

 

 

(BL/LX)

Currency

Euro  (€)

Date  of  latest  accounts

-

Activity  code

46761

Liable  for  VAT

yes

Activity  description

Wholesale  of  diamonds  and

VAT  Number

BE.0507.924.959  Check  VAT

 

other  precious  stones

 

number

Belgian  Bullettin  of  Acts

Publications

moniteur  belge

 

 

 

 

CONTRACTOR  DETAILS

 

Registered  contractor

-

number

 

Contractor  description

-

Date  struck  off  register

 

 

 

Personnel  (NSSO  classification)

 

Code

-

Description

-

 

 

Joint  Industrial  Committee  (JIC)

 

Significant  Events

 

Event  Date

19/01/2015

Event  Description

Registered  as  a  Diamond  Trader

Event  Details

 

 

 

Company  accounts

 

Annual  accounts

 

there  is  no  data  for  this  company


Industry  comparison

 

Activity  code

46761

Activity  description

Wholesale  of  diamonds  and  other  precious  stones

industry  average  credit

rating

64.48

Industry  average  credit  limit

140177.31

 

 

Payment  Information

 

Suspension  of  payments  /  moratorium  history

 

Amount

-

Details

-

 

 

Payment  expectations

 

Payment  expectation  days

-

Day  sales  outstanding

-

 

 

Industry  comparison

 

Activity  code

46761

Activity  description

Wholesale  of  diamonds  and  other  precious  stones

Industry  average  payment

123.99

expectation  days

 

Industry  average  day  sales

181.41

outstanding

 

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

-

Lower

117.11

Median

74.61

Upper

45.68

Day  sales  outstanding

Company  result

-

Lower

101.52

Median

53.69

Upper

24.45

 

Shareholder  Details

 

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

 

Individual  Shareholders

 

 

SHAREHOLDER  NAME

 

Forename

Pooja

Middle  name

-

Surname

Parakh

 

 

SHAREHOLDER  DETAILS

 

 

 

Start  date

24/12/2014

End  date

-

Percentage  owned

50%

 

 

SHAREHOLDER  ADDRESS

 

 

 

Street  name

Quinten  Matsijslei

House  number

32

Minor  town

-

Postal  town

Antwerpen

Post  code

2018

Country

Belgium

SHAREHOLDER  NAME

 

 

 

Forename

Sanjay

Middle  name

-

Surname

Parakh

 

 

SHAREHOLDER  DETAILS

 

 

 

Start  date

24/12/2014

End  date

-

Percentage  owned

50%

 

 

SHAREHOLDER  ADDRESS

Street  name

Quinten  Matsijslei

House  number

32

Minor  town

-

Postal  town

Antwerpen

Post  code

2018

Country

Belgium

 

Companies  that  match  this  address

 

no  Companies  Match  this  address

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

0

Linkages  -  Number  of  Companies

0

Number  of  Countries

0

 

 

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

 

 

Director  details

 

Current  director  details

 

Name

SANJAY  KUMAR  PARAKH

Position

Principal  Manager

Start  Date

24/12/2014

Street

32 QUINTEN  MATSIJSLEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

Former  director  details

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.75

UK Pound

1

Rs.100.12

Euro

1

Rs.71.20

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.