MIRA INFORM REPORT
|
Report No. : |
330320 |
|
Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
METROPOLITAN INDUSTRIAL AND TEXTILE SL |
|
|
|
|
Registered Office : |
C/ Del Tint, 1. - Terrassa - 08224 - Barcelona |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
18.05.2010 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale of
textiles |
|
|
|
|
No. of Employees : |
5 (2015) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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|
|
|
Payment Behaviour : |
Slow but correct |
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|
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Spain |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed briefly in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010. Spain gradually reduced the deficit to just under 7% of GDP in 2013-14, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to more than 97% in 2014. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in January 2014. Recently increased private consumption helped bring real GDP growth back into positive territory at 1.3% in 2014, and labor reforms prompted a modest reduction in the unemployment rate, from more than 26% in 2013 to 24% in 2014. Despite the uptic in economic activity, inflation dropped sharply, from 1.5% in 2013 to flat in 2014. Spain’s 2015 budget, published in September 2014, rolls back some recently imposed taxes in advance of national elections in November 2015 and leaves untouched the country’s value-added tax (VAT) regime, which generates significantly lower revenue than the EU average. Spain’s borrowing costs are dramatically lower since their peak in mid-2012.
|
Source
: CIA |
EXECUTIVE
SUMMARY
|
Name: |
METROPOLITAN
INDUSTRIAL AND TEXTILE SL |
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|
NIF
/ Fiscal code: |
B65343576 |
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|
Status: |
ACTIVE |
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|
Incorporation
Date: |
18/05/2010 |
|||
|
Register Data |
Register
Section 8 Sheet 395361 |
|||
|
Last
Published Account Deposit: |
2013 |
|||
|
Share
Capital: |
618.280 |
|||
|
Localization: |
C/
DEL TINT, 1. - TERRASSA - 08224 - BARCELONA |
|||
|
Telephone
- Fax - Email - Website: |
Telephone.
931 822 775 |
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|
Number
of Branches |
1 |
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|
Activity: |
|
|||
|
NACE: |
4641
- Wholesale of textiles |
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|
Registered
Trademarks: |
|
|||
|
Audited
/ Opinion: |
No |
|||
|
Tenders
and Awards: |
|
|||
|
Subsidies: |
0
for a total cost of 0 |
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|
Quality
Certificate: |
No |
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|
Prospects: |
Consolidation |
|||
|
Industry
situation: |
Maturity |
|||
|
Defaults, Legal Claims and
Insolvency Proceedings : |
||||
|
|
Number |
Amount
(€) |
Most
Recent Entry |
|
|
Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
Unpublished |
--- |
--- |
|
|
Defaults
on debt with Financial Institutions and Large Companies |
None |
--- |
--- |
|
|
Judicial
Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt) |
None |
0 |
--- |
|
|
Proceedings
heard by the Civil Court |
Unpublished |
0 |
--- |
|
|
Proceedings
heard by the Labour Court |
Unpublished |
0 |
--- |
|
|
Partners: |
|
|
|
SANTACREU
BORONAT ANTONIO CESAREO |
|
|
|
Shares: |
0 |
|
|
Other
Links: |
0 |
|
|
No.
of Active Corporate Bodies: |
SINGLE
ADMINISTRATOR 1 |
|
|
Ratios |
2013 |
2012 |
Change |
|
|
|
|
|
Guarantees: |
|
|
Properties
Registered: |
Company
NO, Administrator NO |
|
Financing
/ Guarantee Sources : |
Sources
YES, Guarantees NO |
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|
|
|
INVESTIGATION
SUMMARY |
|
|
The
company was incorporated in 2010, engaged in the wholesale of textiles. Its commercial
scope is national and international. The consulted sources do not have any
bad comment about it. According to all this information, commercial relations
can be envisaged in normal credit operations. |
|
|
Interviewed
Person: |
|
Enquiry Details
Identification
|
Social Denomination: |
METROPOLITAN INDUSTRIAL
AND TEXTILE SL |
|
NIF / Fiscal code: |
B65343576 |
|
Corporate Status: |
ACTIVE |
|
Start of activity: |
2010 |
|
Registered Office: |
C/ DEL TINT, 1. |
|
Locality: |
TERRASSA |
|
Province: |
BARCELONA |
|
Postal Code: |
08224 |
|
Telephone: |
931 822 775 |
|
Interviewed Person: |
Ms María Millan |
Branch
Offices
|
Address |
Postal Code |
City |
Province |
|
Fructuos Gelabert, 2 |
08970 |
Sant Joan Despí |
Barcelona |
Activity
|
NACE: |
4641 |
|
Legal Form: |
NEGOTIATION, SIGNING AND EXECUTION OF ALL TYPES OF CONTRACTS RELATED TO THE WHOLESALE OF TEXTILES (RAW MATERIALS, SEMI-FINISHED GOODS AND / OR FINISHED GOODS, EXPORT OF TEXTILE MACHINERY.) NEGOTIATION, EXECUTION, MARKETING AND BROKERING OF ALL KINDS OF CONTRACTS RELATED TO THE WHOLESALE OF MACHINERY FOR RECYCLING OF ALL KINDS OF MATERIALS, ACCESSORIES AND SPARE PARTS. |
|
Additional
Information: |
Wholesale of textiles. |
|
Additional Address: |
C/ DEL TINT, 1, 08224 TERRASSA, BARCELONA, fiscal domicile. C/ Fructuos Gelabert, 2 de Sant Joan Despí (Barcelona), offices. |
|
Franchise: |
No |
|
Import / export: |
EXPORTS |
|
Future Perspective: |
Consolidation |
|
Industry situation: |
Maturity |
Number
of Employees
|
Year |
No. of employees |
Established |
Incidentals |
|
2015 |
5 |
|
|
The data of employees is from
the latest available financial statements. Failing that, are estimates data
calculated by statistical methods
Chronological
Summary
|
Year |
Act |
|
2010 |
Appointments/ Re-elections (1) Company Formation (1) |
|
2011 |
Accounts deposit (year 2010) Appointments/ Re-elections (1) |
|
2012 |
Accounts deposit (year 2011) Appointments/ Re-elections (1) Increase
of Capital (1) |
|
2013 |
Accounts deposit (year 2012) Increase of Capital (1) Statutory
Modifications (1) |
|
2014 |
Accounts deposit (year 2013) Change of Social Purpose (1) |
Main
Historic Changes
|
Concept |
Publication |
Act |
Date |
|
Corporate Purpose Changes: |
LA NEGOCIACION,SUSCRIPCION Y EJECUCION DE TODA CLASE DE CONTRATOS DE COMERCIO
AL POR MAYOR EN MATERIA TEXTIL (MATERIA PRIMA, PRODUCTOS SEMIELABORADOS Y/O
TERMINADOS, EXPORTACION DE MAQUINARIA TEXTIL |
Company Formation |
01/06/2010 |
Breakdown
of Owners' Equity
|
Registered Capital: |
618.280 |
|
Paid up capital: |
618.280 |
Updated
Evolution of the Subscribed and Paid-in Capital
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten result |
Disbursed Result |
|
20/05/2010 |
Company Formation |
3.016 |
3.016 |
3.016 |
3.016 |
|
13/08/2012 |
Increase of Capital |
286.520 |
286.520 |
289.536 |
289.536 |
|
04/04/2013 |
Increase of Capital |
328.744 |
328.744 |
618.280 |
618.280 |
Active
Social Bodies
|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in this Company |
|
SINGLE ADMINISTRATOR |
SANTACREU BORONAT ANTONIO CESAREO |
20/05/2010 |
1 |
|
PROXY |
MASRAMON CARITG JOAN |
16/06/2011 |
1 |
|
ACCOUNTS' AUDITOR / HOLDER |
ACAUDIT AUDITORES SL |
02/07/2012 |
1 |
Executive
board
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
ANTONIO CESAREO SANTACREU BORONAT |
|
DIRECTOR/GENERAL MANAGER |
|
ANTONIO CESAREO SANTACREU BORONAT |
Defaults, Legal Claims
and Insolvency Proceedings
Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI).
>
Summary
Chronological
summary
|
|
|
Number
of Publications |
Amount
(_) |
Start
date |
End
date |
|
Insolvency
Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults
on debt with Financial Institutions and Large Companies |
Bank
and Commercial Delinquency |
None |
0 |
|
|
|
Status:
Friendly |
|
--- |
|
|
|
|
Status:
Pre-Litigation |
|
--- |
|
|
|
|
Status:
Litigation |
|
--- |
|
|
|
|
Status:
Non-performing |
|
--- |
|
|
|
|
Status:
insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other
status |
|
--- |
|
|
|
|
Legal
and Administrative Proceedings |
|
Unpublished |
--- |
|
|
|
Notices
of defaults and enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations
of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings
heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings
heard by the Labour Court |
|
Unpublished |
--- |
|
|
> Basis for scoring
|
Positive Factors |
Adverse Factors |
|
No judicial claims have been detected in the Official Gazettes, regarding any Entity's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions. No irregular payment performance has been detected based on information obtained from credit bureaus. The current debt represents a 8.34of the financial structure. In principle, a decrease in this ratio would indicate an improvement in the short-term financial situation. METROPOLITAN INDUSTRIAL AND TEXTILE SL obtains economic profitability from the necessary investments in the development of its activity in comparison with its assets. High financial profitability. Net return from the company's main activity performed using its own equity is high. This income return has decreased in comparison with the previous financial year. |
No Company's subsidiaries or branches are known. Although it is in a new stage of Consolidationit is part of a group distinguished by a downturn in the market. |
Probability
of default
> Estimated Probability
of Default for the next 12 months: 0.517 %
|
Sector in which comparison is carried out: 464 Wholesale of household goods |
|
|
Relative Position:
|
The company's comparative analysis with the rest of the companies that
comprise the sector, shows the company holds a better position with regard to
the probability of non-compliance.
The 99.00% of the companies of the sector METROPOLITAN INDUSTRIAL AND
TEXTILE SL belongs to show a higher probability of non-compliance.
The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 0.517%.
In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.
LEGAL
CLAIMS
Summary of Judicial Claims
|
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|
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||
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|
No se han publicado |
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|
|
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No se han publicado |
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||
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|
No se han publicado |
|
|
|
|
No se han publicado |
|
|
|
|
No se han publicado |
|
|
|
|
No se han publicado |
|
|
|
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||
|
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|
No se han publicado |
|
|
|
|
No se han publicado |
|
|
|
|
||
|
|
|
No se han publicado |
|
Guarantees
References
Suppliers
|
Name |
NIF |
Telephone |
|
TRALON (ALEMANIA) |
|
|
Link
List
|
SHAREHOLDERS: |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
|
SHAREHOLDERS |
SANTACREU BORONAT ANTONIO CESAREO |
|
|
Turnover
|
Total Sales 2013 |
9.561.611 |
The sales data is from the latest available financial statements. Failing
that, are estimates data calculated by statistical methods.
Estimated
Balance
|
ESTIMATED FIGURES 2.014 -NON-CURRENT
ASSETS.......................................................79.000 Euro/s
-CURRENT ASSETS..............................................................748.000
Euro/s -NET
EQUITY.........................................................................757.000
Euro/s -NON-CURRENT
LIABILITIES........................................................... 0
Euro/s -CURRENT LIABILITIES............................................................70.000
Euro/s -TOTAL ASSETS &
LIABILITIES............................................827.000 Euro/s -SALES
(2.014)...............................................................10.000.000
Euro/s |
Financial
Accounts and Balance Sheets
Financial Years
Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2013 |
Normales |
August 2014 |
|
2012 |
Normales |
March 2013 |
|
2011 |
Normales |
July 2012 |
|
2010 |
Normales |
September 2011 |
The data in the
report regarding the last Company Accounts submitted by the company is taken
from the TRADE REGISTER serving the region in which the company's address is
located 31/12/2013
> Balance en formato Abreviado de acuerdo al Nuevo Plan General Contable 2007
Information
corresponding to the fiscal year 2013 2012 2011 2010 is
taken from information submitted to the TRADE REGISTER. Data corresponding to
fiscal years before 2013 2012 2011 2010 has been compiled
based on the equivalence criteria stipulated in Act JUS/206/2009. Where the
provisions of the Act did not establish relevant equivalence criteria, To view
details on the methodology.
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Assets |
2013 |
2012 |
2011 |
2010 |
|
|
A) NON-CURRENT ASSETS: 11000 |
76.282,00 |
1.187,00 |
1.187,00 |
0,00 |
|
|
I. Intangible fixed
assets : 11100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Tangible fixed
assets : 11200 |
70.373,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Real estate
investment: 11300 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Long-term
investments in Group companies and associates : 11400 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term financial
investments: 11500 |
5.173,00 |
1.187,00 |
1.187,00 |
0,00 |
|
|
VI. Assets for
deferred tax : 11600 |
736,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Non-current
trade debtors : 11700 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
715.148,00 |
1.216.365,00 |
1.210.529,00 |
72.290,00 |
|
|
I. Non-current assets
held for sale : 12100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Stocks:
12200 |
72.131,00 |
437.567,00 |
336.777,00 |
35.200,00 |
|
|
III. Trade debtors
and others receivable accounts: 12300 |
55.980,00 |
581.151,00 |
547.128,00 |
24.225,00 |
|
|
1.- Customers for sales and provisions of services : 12380 |
48.552,00 |
559.043,00 |
508.875,00 |
20.550,00 |
|
|
a) Long-term receivables from sales and services
supplied : 12381 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Customers for sales and provisions of services :
12382 |
48.552,00 |
559.043,00 |
508.875,00 |
20.550,00 |
|
|
2.- Called up share capital : 12370 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3.- Other accounts receivable : 12390 |
7.428,00 |
22.108,00 |
38.253,00 |
3.675,00 |
|
|
IV. Short-term investments
in Group companies and associates: 12400 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Short-term
financial investments : 12500 |
651,00 |
95.000,00 |
0,00 |
0,00 |
|
|
VI. Short-term
accruals: 12600 |
0,00 |
0,00 |
2.941,00 |
760,00 |
|
|
VII. Cash and other
equivalent liquid assets : 12700 |
586.386,00 |
102.647,00 |
323.683,00 |
12.106,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
791.430,00 |
1.217.552,00 |
1.211.715,00 |
72.290,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Liabilities and Net Worth |
2013 |
2012 |
2011 |
2010 |
|
|
A) NET WORTH: 20000 |
725.409,00 |
658.253,00 |
361.687,00 |
2.847,00 |
|
|
A1)
Shareholders' equity : 21000 |
725.409,00 |
658.253,00 |
361.687,00 |
2.847,00 |
|
|
I. Capital: 21100 |
618.280,00 |
289.536,00 |
3.016,00 |
3.016,00 |
|
|
1.- Registered capital: 21110 |
618.280,00 |
289.536,00 |
3.016,00 |
3.016,00 |
|
|
2.- (Uncalled capital) : 21120 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
39.973,00 |
72.151,00 |
0,00 |
0,00 |
|
|
IV.
(Common stock equity): 21400 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Profit or loss brought forward: 21500 |
0,00 |
0,00 |
-169,00 |
0,00 |
|
|
VI. Other shareholders' contributions: 21600 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Result of the period: 21700 |
67.156,00 |
296.566,00 |
358.840,00 |
-169,00 |
|
|
VIII. (Interim dividend): 21800 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IX. Other net worth instruments: 21900 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-2) Adjustments due
to changes in value: 22000 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
A-3) Received
subsidies, donations and legacies: 23000 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
I. Long-term
provisions: 31100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Long-term
creditors : 31200 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
1.-
Amounts owed to credit institutions: 31220 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
2.- Creditors from financial leasing : 31230 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3.- Other long-term creditors : 31290 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Long-term debts
with Group companies and associates: 31300 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
IV. Liabilities for
deferred tax: 31400 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Long-term
accruals: 31500 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VI. Non-current trade
creditors : 31600 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Special
long-term debts : 31700 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
66.021,00 |
559.298,00 |
850.028,00 |
69.443,00 |
|
|
I. Liabilities linked
to non-current assets held for sale : 32100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
II. Short-term
provisions: 32200 |
6.978,00 |
0,00 |
0,00 |
0,00 |
|
|
III. Short-term
creditors : 32300 |
529,00 |
325.208,00 |
379.651,00 |
69.102,00 |
|
|
1.- Amounts owed to credit institutions: 32320 |
0,00 |
316.280,00 |
379.651,00 |
0,00 |
|
|
2.-
Creditors from financial leasing : 32330 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3.- Other short-term creditors : 32390 |
529,00 |
8.928,00 |
0,00 |
69.102,00 |
|
|
IV. Short-term debts
with Group companies and associates: 32400 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
V. Trade creditors
and other accounts payable: 32500 |
58.513,00 |
234.090,00 |
470.377,00 |
342,00 |
|
|
1.- Suppliers: 32580 |
0,00 |
75.685,00 |
284.548,00 |
0,00 |
|
|
a) Long-term debts : 32581 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Short-term debts : 32582 |
0,00 |
75.685,00 |
284.548,00 |
0,00 |
|
|
2.- Other creditors : 32590 |
58.513,00 |
158.406,00 |
185.829,00 |
342,00 |
|
|
VI. Short-term
accruals: 32600 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
VII. Special
short-term debts : 32700 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B +
C) : 30000 |
791.430,00 |
1.217.552,00 |
1.211.715,00 |
72.290,00 |
|
|
|
ORIGINAL |
ORIGINAL |
ORIGINAL |
ORIGINAL |
|
|
Profit and Loss |
2013 |
2012 |
2011 |
2010 |
|
|
1. Net turnover:
40100 |
9.561.611,00 |
15.804.829,00 |
10.924.857,00 |
143.883,00 |
|
|
2. Changes in stocks
of finished goods and work in progress: 40200 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
3. Works carried out
by the company for its assets: 40300 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
4. Supplies :
40400 |
-8.356.706,00 |
-14.468.404,00 |
-9.807.670,00 |
-130.642,00 |
|
|
5. Other operating
income: 40500 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
6. Personnel costs:
40600 |
-223.116,00 |
-124.893,00 |
-69.766,00 |
0,00 |
|
|
7. Other operating costs:
40700 |
-750.125,00 |
-701.178,00 |
-584.409,00 |
-13.474,00 |
|
|
8. Amortisation of
fixed assets: 40800 |
-8.177,00 |
0,00 |
0,00 |
0,00 |
|
|
9. Allocation of
subsidies of non-financial fixed assets and other: 40900 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
10. Excess provisions
: 41000 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
11. Impairment and
result of transfers of fixed assets: 41100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
12. Negative difference
in combined businesses: 41200 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
13. Other results :
41300 |
-57.764,00 |
-35.000,00 |
-4.312,00 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6
+ 7 + 8 + 9 + 10 + 11 + 12 + 13) : 49100 |
165.722,00 |
475.354,00 |
458.701,00 |
-233,00 |
|
|
14. Financial income
: 41400 |
2.386,00 |
75,00 |
48,00 |
0,00 |
|
|
a) Allocation of financial subsidies, donations and legacies: 41430 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Other financial income: 41490 |
2.386,00 |
75,00 |
48,00 |
0,00 |
|
|
15. Financial
expenditure: 41500 |
-42.864,00 |
-36.476,00 |
-7.867,00 |
-134,00 |
|
|
16. Changes in fair value
of financial instruments : 41600 |
7,00 |
0,00 |
0,00 |
0,00 |
|
|
17. Exchange rate
differences : 41700 |
-29.314,00 |
-15.256,00 |
40.246,00 |
198,00 |
|
|
18. Impairment and result
for transfers of financial instruments: 41800 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
19. Other financial
income and expenditure: 42100 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
a)
Incorporation of financial expenditure to assets: 42110 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
b) Financial income from arrangement with creditors: 42120 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
c)
Other income and expenditure: 42130 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE (14 + 15 + 16 + 17 +
18 + 19) : 49200 |
-69.785,00 |
-51.657,00 |
32.427,00 |
64,00 |
|
|
C) NET RESULT BEFORE TAXES (A + B) :
49300 |
95.937,00 |
423.697,00 |
491.128,00 |
-169,00 |
|
|
20. Income taxes:
41900 |
-28.781,00 |
-127.131,00 |
-132.288,00 |
0,00 |
|
|
D) RESULT OF THE PERIOD (C + 20) :
49500 |
67.156,00 |
296.566,00 |
358.840,00 |
-169,00 |
|
CASHFLOW
STATEMENT
Model: Normal
> Source of
information: Data contained in this section is taken from the information
declared in the Annual Accounts submitted to the Trade Register.
|
|
2013 |
2012 |
2011 |
2010 |
|
|
1. Fiscal year result before taxes.: 61100 |
95.937,00 |
423.697,00 |
491.128,00 |
-169,00 |
|
|
2. Results adjustments.: 61200 |
55.634,00 |
36.401,00 |
7.819,00 |
134,00 |
|
|
a) Fixed Assets
Amortization (+).: 61201 |
8.177,00 |
0,00 |
0,00 |
0,00 |
|
|
c) Variation in
Provision (+/-). : 61203 |
6.978,00 |
0,00 |
0,00 |
0,00 |
|
|
g) Financial income
(-).: 61207 |
-2.386,00 |
-75,00 |
-48,00 |
0,00 |
|
|
h) Financial Expenses
(+). : 61208 |
42.864,00 |
36.476,00 |
7.867,00 |
134,00 |
|
|
3. Changes in current capital equity.:
61300 |
780.598,00 |
-590.290,00 |
-488.914,00 |
-59.842,00 |
|
|
a) Stock (+/-).:
61301 |
365.436,00 |
-100.790,00 |
-301.577,00 |
-35.200,00 |
|
|
d) Debtors and other accounts
receivable (+/-). : 61302 |
525.171,00 |
-34.023,00 |
-522.904,00 |
-24.225,00 |
|
|
c) Other current
assets (+/-). : 61303 |
94.349,00 |
-92.059,00 |
-2.181,00 |
-760,00 |
|
|
d) Creditors and other
accounts payable (+/-). : 61304 |
-204.358,00 |
-363.418,00 |
337.748,00 |
342,00 |
|
|
4. Other cash flows for operating
activities.: 61400 |
-40.478,00 |
-36.401,00 |
-7.819,00 |
-134,00 |
|
|
a) Interest payments
(-). : 61401 |
-42.864,00 |
-36.476,00 |
-7.867,00 |
-134,00 |
|
|
c) Interest
collection (+). : 61403 |
2.386,00 |
75,00 |
48,00 |
0,00 |
|
|
5. Operating activity cash flows (1 + 2 +
3 + 4) : 61500 |
891.691,00 |
-166.593,00 |
2.214,00 |
-60.011,00 |
|
|
6. Payments for investment (-).:
62100 |
-75.095,00 |
0,00 |
-1.187,00 |
0,00 |
|
|
c) Fixed assets. :
62103 |
-70.373,00 |
0,00 |
0,00 |
0,00 |
|
|
e) Other financial
assets. : 62105 |
-3.986,00 |
0,00 |
-1.187,00 |
0,00 |
|
|
h) Other assets. :
62108 |
-736,00 |
0,00 |
0,00 |
0,00 |
|
|
7. Divestment payment collection (+). :
62200 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
8. Investment activity cash flows (6 + 7)
minus Amortization: 62300 |
-83.273,00 |
0,00 |
-1.187,00 |
0,00 |
|
|
9. Payment collection and payments for
equity instruments. : 63100 |
0,00 |
0,00 |
0,00 |
3.016,00 |
|
|
a) Issuance of equity
instruments (+). : 63101 |
0,00 |
0,00 |
0,00 |
3.016,00 |
|
|
10. Payment collection and payments for
financial liabilities instruments.: 63200 |
-324.679,00 |
-54.443,00 |
310.549,00 |
69.102,00 |
|
|
a) Issuance :
63201 |
0,00 |
8.928,00 |
379.651,00 |
69.102,00 |
|
|
2. Debts incurred with
credit institutions (+). : 63203 |
0,00 |
0,00 |
379.651,00 |
0,00 |
|
|
5. Other debts (+). :
63206 |
0,00 |
8.928,00 |
0,00 |
69.102,00 |
|
|
b) Repayment and
amortization of : 63207 |
-324.679,00 |
-63.371,00 |
-69.102,00 |
0,00 |
|
|
2. Debts incurred
with credit institutions (-).: 63209 |
-316.280,00 |
-63.371,00 |
0,00 |
0,00 |
|
|
5. Other debts (-). :
63212 |
-8.399,00 |
0,00 |
-69.102,00 |
0,00 |
|
|
11. Payments from dividends and remunerations
from other assets instruments. : 63300 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
12. Cash flows for financing activities
(9+10+11).: 63400 |
-324.679,00 |
-54.443,00 |
310.549,00 |
72.118,00 |
|
|
D) EFFECT OF EXCHANGE RATE CHANGES: 64000 |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR
EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000 |
483.739,00 |
-221.035,00 |
311.576,00 |
12.106,00 |
|
|
Cash or equivalent assets
as of beginning of the fiscal year.: 65100 |
102.647,00 |
323.683,00 |
12.106,00 |
0,00 |
|
|
Cash or equivalent
assets as of end of the fiscal year.: 65200 |
586.386,00 |
102.647,00 |
323.683,00 |
12.106,00 |
|
FINANCIAL
DIAGNOSIS
>
Economic-Financial Comparative Analysis
Data used in
the following ratios and indicators is taken from the Annual Accounts submitted
by the company to the TRADE REGISTER.
> Comparison
within the Sector
|
Cash Flow |
2013 |
2012 |
Variación 2013 -
2012 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
0,05 % |
0,02 % |
-0,01 % |
0,17 % |
461,76 % |
-88,55 % |
|
|
EBITDA over Sales: |
2,42 % |
-1,66 % |
3,23 % |
7,58 % |
-24,97 % |
-121,90 % |
|
|
Cash Flow Yield: |
0,61 % |
0,00 % |
-0,18 % |
0,04 % |
436,69 % |
-88,61 % |
|
|
Profitability |
2013 |
2012 |
Variación 2013 -
2012 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
28,45 % |
-12,84 % |
45,51 % |
0,51 % |
-37,49 % |
-2.598,02 % |
|
|
Total economic profitability: |
17,54 % |
-3,52 % |
37,79 % |
-0,03 % |
-53,60 % |
-12.711,82 % |
|
|
Financial profitability: |
9,26 % |
-12,38 % |
45,05 % |
-3,94 % |
-79,45 % |
-213,96 % |
|
|
Margin: |
2,34 % |
-25,61 % |
3,23 % |
0,94 % |
-27,62 % |
-2.823,00 % |
|
|
Mark-up: |
1,61 % |
-22,64 % |
2,90 % |
-6,14 % |
-44,61 % |
-268,60 % |
|
|
Solvency |
2013 |
2012 |
Variación 2013 -
2012 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
9,93 |
0,16 |
0,18 |
0,16 |
5.311,47 |
4,08 |
|
|
Acid Test: |
10,89 |
1,22 |
1,39 |
0,86 |
682,13 |
41,52 |
|
|
Working Capital / Investment: |
0,82 |
0,08 |
0,54 |
0,08 |
51,98 |
1,26 |
|
|
Solvency: |
12,12 |
1,70 |
2,17 |
1,43 |
457,52 |
18,87 |
|
|
Indebtedness |
2013 |
2012 |
Variación 2013 -
2012 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
0,08 |
1,06 |
0,85 |
1,07 |
-90,42 |
-0,42 |
|
|
Borrowing Composition: |
0,00 |
0,96 |
0,00 |
1,22 |
|
-21,26 |
|
|
Repayment Ability: |
0,12 |
114,63 |
-2,53 |
14,17 |
104,82 |
709,02 |
|
|
Warranty: |
13,40 |
2,10 |
2,18 |
1,94 |
515,75 |
8,55 |
|
|
Generated resources / Total creditors:
|
1,28 |
-0,06 |
0,53 |
0,01 |
140,63 |
-625,75 |
|
|
Efficiency |
2013 |
2012 |
Variación 2013 -
2012 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
2,04 |
0,94 |
5,09 |
1,30 |
-59,93 |
-27,99 |
|
|
Turnover of Collection Rights : |
170,80 |
2,91 |
27,20 |
3,64 |
528,05 |
-20,09 |
|
|
Turnover of Payment Entitlements: |
155,64 |
2,36 |
64,80 |
2,35 |
140,17 |
0,28 |
|
|
Stock rotation: |
129,46 |
2,57 |
34,95 |
2,20 |
270,38 |
16,83 |
|
|
Assets turnover: |
12,17 |
0,50 |
14,09 |
0,55 |
-13,65 |
-8,26 |
|
|
Borrowing Cost: |
72,60 |
3,39 |
6,52 |
2,83 |
1.013,20 |
20,09 |
|
> Trend of indicators under the General
Accounting Plan of 2007 (2013, 2012, 2011, 2010)
|
Cash Flow |
2013 |
2012 |
2011 |
2010 |
|
|
Cash Flow over Sales: |
0,05 % |
-0,01 % |
0,03 % |
0,08 % |
|
|
EBITDA over Sales: |
2,42 % |
3,23 % |
4,24 % |
-0,16 % |
|
|
Cash Flow Yield: |
0,61 % |
-0,18 % |
0,26 % |
0,17 % |
|
|
Profitability |
2013 |
2012 |
2011 |
2010 |
|
|
Operating economic profitability: |
28,45 % |
45,51 % |
38,25 % |
-0,32 % |
|
|
Total economic profitability: |
17,54 % |
37,79 % |
41,18 % |
-0,05 % |
|
|
Financial profitability: |
9,26 % |
45,05 % |
99,21 % |
-5,94 % |
|
|
Margin: |
2,34 % |
3,23 % |
4,24 % |
-0,16 % |
|
|
Mark-up: |
1,61 % |
2,90 % |
4,53 % |
-0,12 % |
|
|
Solvency |
2013 |
2012 |
2011 |
2010 |
|
|
Liquidity: |
9,93 |
0,18 |
0,38 |
0,17 |
|
|
Acid Test: |
10,89 |
1,39 |
1,02 |
0,52 |
|
|
Working Capital / Investment: |
0,82 |
0,54 |
0,30 |
0,04 |
|
|
Solvency: |
12,12 |
2,17 |
1,42 |
1,04 |
|
|
Indebtedness |
2013 |
2012 |
2011 |
2010 |
|
|
Indebtedness level: |
0,08 |
0,85 |
2,35 |
24,39 |
|
|
Borrowing Composition: |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
Repayment Ability: |
0,12 |
-2,53 |
2,73 |
5,74 |
|
|
Warranty: |
13,40 |
2,18 |
1,43 |
1,04 |
|
|
Generated resources / Total creditors:
|
1,28 |
0,53 |
0,42 |
0,00 |
|
|
Efficiency |
2013 |
2012 |
2011 |
2010 |
|
|
Productivity: |
2,04 |
5,09 |
7,64 |
|
|
|
Turnover of Collection Rights : |
170,80 |
27,20 |
19,97 |
5,94 |
|
|
Turnover of Payment Entitlements: |
155,64 |
64,80 |
22,09 |
421,68 |
|
|
Stock rotation: |
129,46 |
34,95 |
31,06 |
4,09 |
|
|
Assets turnover: |
12,17 |
14,09 |
9,02 |
1,99 |
|
|
Borrowing Cost: |
72,60 |
6,52 |
0,93 |
0,19 |
|
COMPARATIVE
SECTORIAL BALANCE
Sector-based
Comparison under the rules of the New General Accounting Plan.
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
|
|
Variación - |
|
|
|
Empresa |
Sector |
News
--
Public
Tenders and Works Won
No Public Tenders assigned to the name of the company.
Research
Summary
The company was incorporated in 2010, engaged in the wholesale of textiles. Its commercial scope is national and international. The consulted sources do not have any bad comment about it. According to all this information, commercial relations can be envisaged in normal credit operations.
Sources
Registry of Commerce's Official Gazette. Own and external data bases Company References
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.51 |
|
UK Pound |
1 |
Rs.97.85 |
|
Euro |
1 |
Rs.70.50 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
VNT |
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.