|
Report No. : |
331683 |
|
Report Date : |
09.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
ASCO INDUSTRIES |
|
|
|
|
Registered Office : |
Batiment Grands Bureaux, Av De France, 57300 Hagondange |
|
|
|
|
Country : |
France |
|
|
|
|
Date of Incorporation : |
June, 2014 |
|
|
|
|
Com. Reg. No.: |
B 802 634 840 |
|
|
|
|
Legal Form : |
Simplified Joint Stock Company with Single Associate |
|
|
|
|
Line of Business : |
Wholesale (Intercompany Trade) of Metals and Metal Ores. |
|
|
|
|
No. of Employees : |
250 to 499 Employees |
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) |
|
France |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
FRANCE - ECONOMIC
OVERVIEW
The French economy is diversified across all sectors. The
government has partially or fully privatized many large companies, including
Air France, France Telecom, Renault, and Thales. However, the government maintains
a strong presence in some sectors, particularly power, public transport, and
defense industries. With more than 84 million foreign tourists per year, France
is the most visited country in the world and maintains the third largest income
in the world from tourism. France's leaders remain committed to a capitalism in
which they maintain social equity by means of laws, tax policies, and social
spending that mitigate economic inequality. France's real GDP increased by 0.4%
in 2014. The unemployment rate (including overseas territories) increased from
7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in
metropolitan France decreased from a high of 25.4% in the fourth quarter of
2012 to 24.3% in the fourth quarter of 2014. Lower-than-expected growth and
high spending have strained France's public finances. The budget deficit rose
sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4%
of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95%
in 2014, and may hit 100% by 2016. Elected on a conventionally leftist
platform, President Francois HOLLANDE surprised and angered many supporters
with a January 2014 speech announcing a sharp change in his economic policy,
recasting himself as a liberalizing reformer. The government's budget for 2014
shifted the balance of fiscal consolidation from taxes to a total of $24
billion in spending cuts. In December 2014, HOLLANDE announced additional
reforms, including a plan to extend commercial business hours, liberalize
professional services, and sell off $6.2-12.4 billion in state owned assets.
France’s tax burden remains well above the EU average and income tax cuts over
the past decade are being partly reversed, particularly for higher earners. The
top rate of income tax is 41%. The government is allowing a 75% payroll tax on
salaries over $1.24 million to lapse.
|
Source
: CIA |
|
Name
|
ASCO
INDUSTRIES |
|
Acronym
|
-
|
|
Trade
name |
-
|
|
Status
|
Economically
active |
|
Postal
Address |
ASCO
INDUSTRIES |
|
Share
Capital |
25,001,000
Euros |
|
Incorporation
Date |
06/2014
|
|
Activity
(APE) |
Wholesale
(intercompany trade) of metals and metal ores (4672Z) |
|
Formation
Date |
05/2014
|
|
Deregistration
Date |
-
|
|
Court
Registry Number |
20
1 4B00854 |
|
Registration
Court |
Metz
(57) |
|
Nationality
|
France
|
|
RCS
Registration |
RCS
Metz B 802 634 840 |
|
EUR
VAT Number |
FR06802634840
|
|
Last
account Date |
-
|
|
Telephone
|
-
|
|
Fax
|
-
|
|
Legal
form |
Simplified
Joint Stock Company with Single Associate |
|
Currency
|
Euros
|
|
Name |
Country |
Company
Number |
|
ASCOMETAL |
802187641 |
|
|
Affiliation links. |
||
|
1
company in 1 country. |
||
|
Current
Directors |
2 |
|
No
social security and tax office preferential right to date |
–
Trade Payment Data
|
Total
number of Invoices available |
14 |
|
Total
number of Invoices paid within or up to 30 days after the due date |
12 |
|
Total
number of Invoices paid more than 30 days after the dues date |
2 |
|
Total
number of Invoices currently outstanding where the due date has not yet been
reached |
0 |
|
Total
number of Invoices currently outstanding beyond the due date |
0 |
|
Type
of Establishment |
Head
Office |
Production
Role |
- |
|
APE/NAF
Code |
7010Z |
Activity |
Activities
of head offices |
|
Formation
Date |
08/2014 |
Reason
for Formation |
N/R |
|
Closure
Date |
- |
Reason
for Closure |
- |
|
Reactivation
Date |
- |
Seasonality |
- |
|
Activity
Nature |
Other |
Activity
Location |
Other |
|
Trading
Address |
AVENUE
DE FRANCE |
Department |
Moselle
(57) |
|
Location
Surface |
- |
District |
4 |
|
City |
HAGONDANGE |
Status |
Economically
active |
|
Business
Pages FT® |
SYNDICATS
DE SALARIES |
Region |
Lorraine |
|
Area |
43 |
||
|
Size
of Urban Area |
Urban
unit with 200 000 to 1 999 999 inhabitants |
1
Ultimate Parent Company/Companies for this Company
|
Company
Name |
Activity
(APE) |
APE/NAF
Code |
City |
Post
Code |
|
ASCOMETAL |
Council
for Business and other management consultancy |
7022Z |
HAGONDANGE |
57300 |
|
Regionality |
- |
|
Mono-activity
status |
- |
|
Branches |
11
branch entities in this company |
|
Company
Name |
Company
Type |
APE/NAF
Code |
Activity |
City |
Post
Code |
|
ASCO
INDUSTRIES |
Head
Office |
4672Z |
Wholesale
(intercompany trade) of metals and metal ores |
HAGONDANGE |
57300 |
|
ASCO
INDUSTRIES |
Branch |
4672Z |
Wholesale
(intercompany trade) of metals and metal ores |
PARIS
16 |
75116 |
|
ASCO
INDUSTRIES |
Branch |
4672Z |
Wholesale
(intercompany trade) of metals and metal ores |
PORT
SAINT LOUIS |
13230 |
|
ASCO
INDUSTRIES |
Branch |
4672Z |
Wholesale
(intercompany trade) of metals and metal ores |
FOS
SUR MER |
13270 |
|
ASCO
INDUSTRIES |
Branch |
4672Z |
Wholesale
(intercompany trade) of metals and metal ores |
LE
CHEYLAS |
38570 |
|
Workforce
at address |
Workforce
unknown |
Company
workforce |
250
to 499 employees |
The comments are ordered according to the
class of risk. Companies are compared with regard to other companies of the
same type. Thus a positive comment for one category can be negative for another
or can change depending on its value. This is a purely statistical decision.
|
Adverse
payment data event within the last 3 months |
|
The
company is less than 5 years old |
|
Workforce
size is in the average risk band |
|
Industry
code with low risk rating |
|
Activity
(APE) |
Wholesale
(intercompany trade) of metals and metal ores (4672Z) |
|
Industry
average credit rating |
44 |
|
Industry
average credit limit |
50,496 |
|
No
judgment information for the company |
Summary
of preferential rights
|
Company
monitored since |
07/08/2014 |
||
|
Status
of Monitoring |
No
social security and tax office preferential right to date |
||
|
Ultimate
parent company |
ASCOMETAL
|
|
|
Direct
parent |
ASCOMETAL
- 100 % |
|
|
Group
– Number of companies |
9 |
|
|
Linkages
– Number of companies |
||
|
Number
of countries |
||
|
|
Name |
SIREN |
Parts |
Last
account published |
|
1
|
ASCOMETAL
|
802187641
|
-
|
-
|
|
2
|
ASCO
INDUSTRIES |
802634840
|
100
% |
-
|
|
3
|
ASCOMÉTAL
GMBH |
HRB
12976 |
100
% |
31/12/2013
|
|
ASCO
ENERGIE |
802901884
|
50.01
% |
-
|
|
|
3
|
ASCO
HOLDINGS SARL |
-
|
100
% |
-
|
|
4
|
ASCO
ENERGIE HOLDINGS SARL |
-
|
100
% |
-
|
|
5
|
ASCO
ENERGIE |
802901884
|
49.90
% |
-
|
|
ASCOFER
SÀRL |
-
|
100
% |
-
|
|
|
ASCOMETAL
NORTH AMERICA INC |
-
|
100
% |
-
|
|
Company Name |
Siren |
Last
Account Published |
Turnover |
|
|
ASCOMETAL |
331048132 |
31/12/2012 |
731,574,000
€ |
|
Name |
M.
CORNIER CHRISTOPHE |
||||
|
Manager
position |
President,
President |
Date
of birth |
02/05/1952 |
||
|
Place
of birth |
MONTPELLIER |
||||
|
Type |
Individual |
Name
at birth |
|||
|
|
|
|
|
|
|
|
Name |
M.
SUPPLISSON FRANK |
|
|||
|
Manager
position |
Vice-president |
Date
of birth |
18/12/1972 |
|
|
|
Place
of birth |
GIEN |
|
|||
|
Type |
Individual |
Name
at birth |
|
||
|
Manager
position |
Title
and name |
Date
of Birth/Place of Birth |
|
|
President |
M.
SCHAFFNIT JACQUES |
30/04/1962
- LIVRY-GARGAN (93190) |
|
|
Managing
director |
M.
SUPPLISSON FRANCK |
18/12/1972
- GIEN (45500) |
|
Date |
Description |
|
01/08/2014 |
Economically
active |
|
Publication
date |
Gazette
Name |
Description
|
|
|
29/01/2015
|
Bodacc
B |
Modification
et mutation diverse |
|
|
57
- MOSELLE GREFFE
DU TRIBUNAL D'INSTANCE DE METZ 905
- 802 634 840 RCS Metz. ASCO INDUSTRIES. Forme : SAS. Capital
: 25001000 EUR. Activité : . |
|||
|
16/01/2015
|
JAL
|
Modification
of the share capital |
|
|
Affiches
d'Alsace et de Lorraine (Les Affiches - Le Moniteur)
|
|||
|
23/10/2014
|
Bodacc
B |
Modification
et mutation diverse |
|
|
57
- MOSELLE GREFFE
DU TRIBUNAL D'INSTANCE DE METZ 275
- 802 634 840 RCS Metz. ASCO INDUSTRIES. Forme : SAS. Administration
: président : CORNIER (Christophe) ; vice-président : SUPPLISSON (Franck)
; commissaire aux comptes titulaire : BERTHOU (Franck) ; commissaire aux
comptes suppléant : MIRRI (Robert). Activité : . Adresse de
l’établissement principal : avenue de France, usine d'Hagondange, 38
57301 Hagondange Cedex. |
|||
|
28/08/2014
|
JAL
|
Head
Office Transfer |
|
|
Echos
(Les) / Le Publicateur Légal - La Vie Judiciaire
|
|||
|
26/08/2014
|
JAL
|
Appointment
of the social representative |
|
|
Affiches
d Alsace et de Lorraine (Les Affiches - Le Moniteur)
|
|||
|
26/08/2014
|
JAL
|
Resignation
/ Revocation of the social representative |
|
|
Affiches
d Alsace et de Lorraine (Les Affiches - Le Moniteur)
|
|||
|
17/06/2014
|
Bodacc
A |
Création
d'établissement |
|
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1012
- 802 634 840 RCS Paris. ASCO INDUSTRIES. Forme : Société par
actions simplifiée (à associé unique). Administration : Président : Schaffnit,
Jacques, Directeur général : Supplisson, Franck, Commissaire aux comptes
titulaire : Berthou, Benoit, Commissaire aux comptes suppléant : Mirri,
Robert. Capital : 1000 EUR. Adresse : 41 avenue Foch, 75116
Paris. |
|||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.57 |
|
|
1 |
Rs.98.22 |
|
Euro |
1 |
Rs.69.93 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.