|
Report No. : |
331942 |
|
Report Date : |
14.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
ARJAV DIAMONDS NV |
|
|
|
|
Registered Office : |
Schupstraat 18, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
22.07.1981 |
|
|
|
|
Com. Reg. No.: |
421848545 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale of watches and jewellery |
|
|
|
|
No of Employees : |
8 |
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 |
|
|
|
|
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 – 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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
Business number 421848545
Branche Unit
Number 2021425065
Company name ARJAV DIAMONDS NV
Address SCHUPSTRAAT 18
2018 ANTWERPEN
Number of staff 8
Date of
establishment 22/07/1981
Telephone number 032338090
Fax number 032261321
Company name Company
Number
Arjav Diamonds NV
421848545
The business was established over 33 years ago.
The business has 5 employees.
The business is part of a group.
This business has a foreign parent business.
The business has been at the address for over 24 years.
The credit rating for this business has increased from 72 to 79.
The credit limit for this business has increased from €18800000 to €20600000.
Operating Result in the latest trading period decreased 427% on the previous trading period.
Net Worth increased by 28% during the latest trading period.
A 30% decline in Total Assets occurred during the latest trading period.
The business saw a decrease in their Cash Balance of 46% during the latest trading period.
Turnover in the latest trading period decreased 33% on the previous trading period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
584,534,677 |
-28,014,777 |
99,837,062 |
155,572,203 |
|
31/12/2012 |
882,330,871 |
-54,839,353 |
77,605,662 |
2,908,682 |
|
31/12/2011 |
724,050,707 |
604,762 |
102,342,866 |
117,883,760 |
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
459,078,925 |
8 |
47,260,693 |
43,600,809 |
|
31/12/2012 |
657,089,429 |
9 |
65,178,173 |
-54,757,447 |
|
31/12/2011 |
543,372,695 |
8 |
50,376,210 |
432,074 |
Trends
Profitability
Liquidity
Net worth
|
Past
payments |
|
Payment
expectation days |
37.97 |
|
Industry
average payment expectation days |
319.26 |
Industry
average day sales outstanding |
504.20 |
|
Day
sales outstanding |
163.56 |
|
|
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons –
|
Business
number |
421848545 |
Company
name |
ARJAV DIAMONDS NV |
|
Fax
number |
032261321 |
Date
founded |
22/07/1981 |
|
Company
status |
active |
Company
type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date
of latest accounts |
31/12/2013 |
|
Activity
code |
46480 |
Liable
for VAT |
yes |
|
Activity
description |
Wholesale of watches and jewellery |
VAT
Number |
BE.0421.848.545 Check VAT 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)
JIC Code 218
Description
category Additional
national joint committee for the employees
JIC Code 324
Description
category Joint committee
for the industry and the trade in diamant
Significant Events
Event Date 03/06/2014
Event Description re-appointment of
director(s)
Event Details Commentaar
03-06-2014: Wordt herbenoemd als bestuurder en gedelegeerd bestuurder voor 6
jaar: Ashit Mehta.
|
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 |
54,842,609 |
-26.73 |
74,849,480 |
64.44 |
45,518,206 |
-22.77 |
58,938,079 |
42.87 |
41,252,763 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
1,093,788 |
-28.20 |
1,523,399 |
25.81 |
1,210,878 |
-24.88 |
1,611,998 |
38.40 |
1,164,734 |
|
Land & building |
933,997 |
-28.46 |
1,305,524 |
27.68 |
1,022,511 |
-23.72 |
1,340,385 |
42.21 |
942,534 |
|
Plant & machinery |
123,829 |
-33.98 |
187,576 |
16.46 |
161,058 |
-31.37 |
234,674 |
29.39 |
181,375 |
|
Furniture & Vehicles |
35,962 |
18.69 |
30,299 |
10.95 |
27,308 |
-26.07 |
36,939 |
-9.52 |
40,825 |
|
Leasing & Other Similar |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
0 |
- |
0 |
-100 |
1 |
- |
0 |
- |
0 |
|
Financial fixed assets |
53,748,821 |
-26.70 |
73,326,081 |
65.49 |
44,307,328 |
-22.71 |
57,326,081 |
43.00 |
40,088,029 |
|
Total current assets |
404,236,316 |
-30.57 |
582,239,949 |
16.95 |
497,854,489 |
-14.67 |
583,446,224 |
56.31 |
373,251,945 |
|
Inventories |
137,988,669 |
-8.06 |
150,083,921 |
-14.12 |
174,756,599 |
-25.66 |
235,073,078 |
13.00 |
208,028,410 |
|
Raw materials & |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
137,988,669 |
-8.06 |
150,083,921 |
-14.12 |
174,756,599 |
-25.66 |
235,073,078 |
13.00 |
208,028,410 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
261,938,313 |
-38.21 |
423,942,679 |
45.99 |
290,391,312 |
-4.17 |
303,014,811 |
91.64 |
158,117,727 |
|
Other amounts receivable |
100,577 |
-63.47 |
275,307 |
142 |
113,524 |
-99 |
22,120,465 |
23320 |
94,450 |
|
Cash |
4,154,850 |
-46.87 |
7,820,135 |
-75.97 |
32,546,748 |
40.43 |
23,176,329 |
246 |
6,683,444 |
|
|
|
|
|
|
|
|
|
|
|
|
Miscellaneous current assets |
53,907 |
-54.28 |
117,907 |
154 |
46,306 |
-24.76 |
61,541 |
-81.23 |
327,914 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
459,078,925 |
-30.13 |
657,089,429 |
20.93 |
543,372,695 |
-15.41 |
642,384,303 |
54.98 |
414,504,708 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
99,837,062 |
28.65 |
77,605,662 |
-24.17 |
102,342,866 |
-22.41 |
131,910,265 |
166 |
49,515,705 |
|
Issued share capital |
47,260,693 |
-27.49 |
65,178,173 |
29.38 |
50,376,210 |
-22.71 |
65,178,173 |
1713 |
3,594,456 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
52,576,369 |
323 |
12,427,489 |
-76.09 |
51,966,656 |
-22.13 |
66,732,092 |
45.32 |
45,921,249 |
|
Provisions for Liabilities & |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
359,241,863 |
-38.01 |
579,483,767 |
31.39 |
441,029,829 |
- |
- |
- |
364,989,003 |
|
Other long term loans |
110,577,750 |
72410 |
152,500 |
-99 |
61,059,100 |
-48.69 |
119,000,000 |
23.33 |
96,487,575 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
-100 |
510,474,038 |
- |
0 |
|
Total long term debts |
110,577,750 |
72410 |
152,500 |
-99 |
61,059,100 |
-90.30 |
629,474,038 |
552 |
96,487,575 |
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long term |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
178,258,459 |
-56.45 |
409,309,442 |
23.47 |
331,517,683 |
-3.50 |
343,536,317 |
43.69 |
239,088,169 |
|
Trade creditors |
62,715,192 |
480 |
10,810,255 |
-76.00 |
45,043,827 |
6.54 |
42,277,751 |
98.74 |
21,273,034 |
|
Amounts Payable for Taxes,
Remuneration & Social Security |
1,429,206 |
1639 |
82,141 |
-86.34 |
601,195 |
-20.56 |
756,760 |
109 |
360,877 |
|
|
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
6,261,256 |
-96.07 |
159,129,429 |
5566 |
2,808,024 |
0.56 |
-505,570,828 |
-6598 |
7,779,348 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
248,664,113 |
-57.08 |
579,331,267 |
52.47 |
379,970,729 |
319 |
-119,000,000 |
-144 |
268,501,429 |
|
Total Liabilities |
459,078,925 |
-30.13 |
657,089,429 |
20.93 |
543,372,695 |
-15.41 |
642,384,303 |
54.98 |
414,504,708 |
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|||||||||
|
Profit Before Tax |
-4.79 |
77.01 |
-6.22 |
-7875 |
0.08 |
-33.33 |
0.12 |
-25.00 |
0.16 |
|
Return on capital employed |
-13.31 |
18.87 |
-70.53 |
-19162 |
0.37 |
184 |
0.13 |
-63.89 |
0.36 |
|
|
|
|
|
|
|
|
|
|
|
|
Return on total assets employed |
-6.10 |
73.05 |
-8.35 |
-7690 |
0.11 |
-26.67 |
0.15 |
15.38 |
0.13 |
|
|
|
|
|
|
|
|
|
|
|
|
Return on net assets employed |
-28.06 |
39.71 |
-70.66 |
-12076 |
0.59 |
-21.33 |
0.75 |
-29.25 |
1.06 |
|
|
|
|
|
|
|
|
|
|
|
|
Sales / net working capital |
3.76 |
-98.76 |
303.34 |
4840 |
6.14 |
420 |
1.18 |
-61.94 |
3.10 |
|
Stock turnover ratio |
23.61 |
38.80 |
17.01 |
-29.54 |
24.14 |
-15.18 |
28.46 |
-55.52 |
63.98 |
|
Creditor days |
37.97 |
743 |
4.50 |
-80.58 |
23.17 |
21.25 |
19.11 |
-24.76 |
25.40 |
|
Debtor days |
163.56 |
-6.74 |
175.38 |
19.80 |
146.39 |
9.33 |
133.90 |
-24.56 |
177.50 |
|
SHORT
TERM STABILITY |
|||||||||
|
Current ratio |
1.63 |
61.39 |
1.01 |
-22.90 |
1.31 |
26.73 |
-4.90 |
-452 |
1.39 |
|
Liquidity ratio / acid ratio |
1.07 |
42.67 |
0.75 |
-11.76 |
0.85 |
29.01 |
-2.93 |
-572 |
0.62 |
|
Current debt ratio |
2.49 |
-66.67 |
7.47 |
101 |
3.71 |
412 |
-0.90 |
-116 |
5.42 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
43,600,809 |
79.63 |
-54,757,447 |
-12773 |
432,074 |
-32.89 |
643,858 |
146 |
261,148 |
|
Net worth |
99,837,062 |
28.65 |
77,605,662 |
-24.17 |
102,342,866 |
-22.41 |
131,910,265 |
166 |
49,515,705 |
|
LONG
TERM STABILITY |
|||||||||
|
Gearing |
289.31 |
-45.17 |
527.62 |
37.55 |
383.59 |
9.40 |
350.64 |
-48.26 |
677.72 |
|
Equity in percentage |
21.75 |
84.17 |
11.81 |
-37.28 |
18.83 |
-8.28 |
20.53 |
71.80 |
11.95 |
|
Total debt ratio |
3.60 |
-51.81 |
7.47 |
73.32 |
4.31 |
11.37 |
3.87 |
-47.49 |
7.37 |
|
Working capital |
155,572,203 |
5248 |
2,908,682 |
-97.53 |
117,883,760 |
-83.22 |
702,446,224 |
570 |
104,750,516 |
PROFIT
& LOSS
|
Operating Income |
584,572,121 |
-33.75 |
882,341,162 |
21.85 |
724,095,536 |
-12.36 |
826,261,766 |
154 |
325,233,465 |
|
Turnover |
584,534,677 |
-33.75 |
882,330,871 |
21.86 |
724,050,707 |
-12.34 |
826,021,237 |
154 |
325,149,144 |
|
Total operating expenses |
602,800,773 |
-31.25 |
876,750,349 |
23.54 |
709,686,565 |
-12.11 |
807,479,710 |
164 |
305,664,890 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
602,838,217 |
-31.24 |
876,760,640 |
23.53 |
709,731,393 |
-12.13 |
807,720,239 |
164 |
305,749,211 |
|
Employee costs |
453,215 |
-22.43 |
584,302 |
34.63 |
433,995 |
-14.20 |
505,837 |
19.08 |
424,784 |
|
Wages and salary |
341,118 |
- |
- |
- |
324,354 |
- |
- |
- |
333,076 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security |
103,170 |
- |
- |
- |
93,111 |
- |
- |
- |
94,421 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
8,927 |
- |
0 |
-100 |
16,530 |
- |
0 |
0 |
-2,713 |
|
Director remuneration |
193,128 |
- |
- |
- |
214,702 |
- |
- |
- |
99,653 |
|
Amortization and depreciation |
35,613 |
-30.17 |
51,001 |
19.57 |
42,652 |
-35.30 |
65,918 |
35.60 |
48,614 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating result |
-18,266,096 |
-427 |
5,580,522 |
-61.15 |
14,364,142 |
-22.53 |
18,541,527 |
-4.84 |
19,484,254 |
|
Total financial income |
105,527 |
95.50 |
53,977 |
-90.12 |
546,535 |
-1.31 |
553,796 |
-11.45 |
625,436 |
|
Total financial expenses |
9,854,208 |
-83.71 |
60,473,852 |
322 |
14,305,915 |
-21.01 |
18,110,116 |
-7.52 |
19,582,688 |
|
|
|
|
|
|
|
|
|
|
|
|
Results on ordinary operations before taxation |
-28,014,777 |
51.09 |
-54,839,353 |
-9167 |
604,762 |
-38.62 |
985,207 |
86.95 |
527,001 |
|
|
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
72,957,664 |
- |
- |
- |
30,896 |
- |
- |
- |
4,551 |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
Extraordinary items |
72,957,664 |
- |
0 |
-100 |
30,896 |
- |
0 |
-100 |
4,551 |
|
|
|
|
|
|
|
|
|
|
|
|
Results for the Year Before Taxation |
44,942,886 |
81.95 |
-54,839,353 |
-8727 |
635,658 |
-35.48 |
985,207 |
85.35 |
531,553 |
|
|
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
1,377,690 |
4457 |
-30,905 |
-112 |
246,236 |
-39.54 |
407,267 |
27.66 |
319,018 |
|
Results on ordinary operations after taxation |
-29,392,467 |
53.63 |
-54,808,448 |
-15387 |
358,526 |
-37.96 |
577,940 |
177 |
207,983 |
|
|
|
|
|
|
|
|
|
|
|
|
Net result |
43,565,196 |
79.49 |
-54,808,448 |
-14174 |
389,422 |
-32.62 |
577,940 |
171 |
212,534 |
|
|
|
|
|
|
|
|
|
|
|
|
Profit (Loss) for the Year to be
appropriated |
43,565,196 |
79.49 |
-54,808,448 |
-14174 |
389,422 |
-32.62 |
577,940 |
171 |
212,534 |
|
|
|
|
|
|
|
|
|
|
|
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social Balance Sheet
Details
|
Social
Balance Sheet |
Total |
|
During
the reporting year ended 31-12-2013 |
|
|
Full-time
Employees |
8 |
|
Part-time
Employees |
2 |
|
Total
Fte Employees |
9 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
13,182 |
|
Part-time
Employees |
2,484 |
|
Total |
15,666 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
416,445 |
|
Part-time
Employees |
36,770 |
|
Total |
453,215 |
|
Benefits
In Addition To Wages |
- |
|
|
|
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
9 |
|
Actual
working hours |
14,580 |
|
Personnel
Charges |
423,677 |
|
Benefits
In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration |
7 |
2 |
8 |
|
Contracts |
|
|
|
|
Limited
Duration Contracts |
- |
- |
- |
|
Contracts
For Specific Work |
- |
- |
- |
|
Contracts
Regarding Substitution |
- |
- |
- |
|
|
|
|
|
|
Gender
and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
4 |
- |
4 |
|
Higher
education (non university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
2 |
2 |
3 |
|
Higher
education (non university) |
1 |
- |
1 |
|
Higher
education (university) |
- |
- |
- |
|
|
|
|
|
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
6 |
1 |
7 |
|
Blue
collar worker |
1 |
1 |
2 |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
- |
|
|
Actual
working hours |
|
- |
|
|
Cost
of temporary staff |
|
- |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New
Starters |
1 |
- |
1 |
|
Leavers |
1 |
- |
1 |
|
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 |
- |
- |
Activity code 46480
Activity description Wholesale of watches
and Jewellery
Suspension of
payments / moratorium history
Amount -
Details –
Payment
expectations
Payment
expectation days 37.97
Day sales outstanding 163.56
Industry
comparison
Activity code 46480
Activity description
Wholesale of
watches and jewellery
Industry average
payment expectation days 319.26
Industry average
day sales outstanding 504.20
Industry quartile
analysis
Payment
expectations
Company result 37.97
Lower 127.92
Median 63.03
Upper 19.14
Day sales
outstanding
Company result 163.56
Lower 123.34
Median 55.17
Upper 21.01
Group - Number of
Companies 3
Linkages - Number
of Companies 1
Number of Countries 1
Group Structure
|
Company
name |
Number |
Latest |
|
|
|
financials |
|
-
ARJAV DIAMONDS NV |
421848545 |
31-12-2013 |
|
- - LUMINIS STAR NV |
881553816 |
31-12-2013 |
|
- - ARJAV DIAMONDS INDIA PVT
LTD SOC.ETR. E... |
|
|
Minority Shareholders
No minority shareholders found
Minority Interests
|
Business |
Company
name |
% |
Date
of |
|
number |
|
|
accounts |
|
887714306 |
Arjav Traders NV |
50 |
31/12/2013 |
Individual Shareholders
SHAREHOLDER NAME
|
Forename |
Arjav |
Middle
name |
- |
|
Surname |
Mehta |
|
|
SHAREHOLDER DETAILS
|
Start date |
28/10/2010 |
End date |
- |
|
Percentage
owned |
46.09% |
|
|
SHAREHOLDER ADDRESS
|
Street
name |
Della Faillelaan |
House
number |
19 |
|
Minor town |
- |
Postal
town |
Antwerpen |
|
Post code |
2020 |
Country |
Belgium |
SHAREHOLDER NAME
|
Forename |
Ashit |
Middle
name |
- |
|
Surname |
Metha |
|
|
SHAREHOLDER DETAILS
|
Start date |
28/10/2010 |
End date |
- |
|
Percentage
owned |
49.50% |
|
|
SHAREHOLDER ADDRESS
|
Street
name |
Della Faillelaan |
House
number |
19 |
|
Minor town |
Wilrijk |
Postal
town |
Antwerpen |
|
Post code |
2610 |
Country |
Belgium |
Summary
Group - Number of
Companies 3
Linkages - Number of
Companies 1
Number of Countries 1
NAME NUMBER LATEST KEY FINANCIALS TURNOVER
ARJAV TRADERS NV 887714306
31.12.2013 €10.483.162
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
Current director
details
|
Name |
ARJAV AKSHAY MEHTA |
|
Position |
Managing Director |
|
Start Date |
01/04/2008 |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
01/04/2008 |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
|
|
|
Name |
ASHIT VASANTIAL METHA |
|
Position |
Managing Director |
|
Start Date |
06/11/2007 |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
08/10/2002 |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
|
|
|
Former
director details |
|
|
|
|
|
Name |
ANISH MEHTA |
|
Position |
Managing Director |
|
Start Date |
03/06/2008 |
|
End Date |
03/06/2014 |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2600 |
|
Country |
Belgium |
|
|
|
|
Name |
MEETA ASHIT PARIKH |
|
Position |
Director |
|
Start Date |
17/09/1999 |
|
End Date |
Unknown date |
|
Street |
19 DELLA FAILLELAAN ANTWERPEN |
|
Post code |
2000 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 63.47 |
|
|
1 |
Rs. 98.47 |
|
Euro |
1 |
Rs. 70.69 |
INFORMATION DETAILS
|
Analysis Done by
: |
KRN |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.