|
Report No. : |
332989 |
|
Report Date : |
17.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
RICHDIAM BVBA |
|
|
|
|
Registered Office : |
Hoveniersstraat 30-Bus 247, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
21.12.1989 |
|
|
|
|
Com. Reg. No.: |
439607067 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Subject is engaged in other retail sale
not in stores, stalls or markets [We tried to confirm obtain the details activity but the same is not available from any source. ] |
|
|
|
|
No. of Employees : |
1 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 |
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
RICHDIAM
BVBA
Company
summary
|
|
|
|
|
|
|
Business number |
439607067 |
|
Branche Unit Number |
2047110170 |
|
Company name |
RICHDIAM BVBA |
|
Address |
HOVENIERSSTRAAT 30-BUS 247 |
|
|
2018 ANTWERPEN |
|
Number of staff |
1 |
|
Date of
establishment |
21/12/1989 |
|
Telephone number |
032329312 |
|
Fax number |
032318291 |
|
Ultimate holding
company |
|
|
|
Company name |
Company Number |
|
|
- |
- |
The business was established
over 25 years ago. The business has 1
employees.
The business has been at
the address for over 15 years. Operating Result
in the latest trading period decreased
158% on the previous trading period. A
54% growth in Total Assets occurred
during the latest trading period. Pre-tax
profits decreased by 200% compared to
the previous trading period.
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
7,730,624 |
-23,304 |
205,227 |
1,208,477 |
|
31/12/2012 |
9,125,887 |
23,248 |
229,622 |
1,296,589 |
|
31/12/2011 |
11,990,084 |
12,721 |
223,612 |
1,305,816 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
6,939,590 |
1 |
6,205 |
-7,359 |
|
31/12/2012 |
4,484,312 |
1 |
6,205 |
22,434 |
|
31/12/2011 |
6,441,968 |
1 |
6,205 |
40,313 |
|
Past payments |
|
Payment
expectation days |
249.39 |
|
Industry average
payment |
92.11 |
Industry average
day sales |
82.99 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
144.81 |
|
|
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
Business number |
439607067 |
Company name |
RICHDIAM BVBA |
|
Fax number |
032318291 |
Date founded |
21/12/1989 |
|
Company status |
active |
Company type |
Private Limited Company |
|
|
|
|
(BL/LX) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
47990 |
Liable for VAT |
yes |
|
Activity description |
Other retail sale not in |
VAT Number |
BE.0439.607.067 Check VAT |
|
|
stores, stalls or markets |
|
number |
|
Belgian Bullettin
of Acts Publications |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck
off register |
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
218 |
|
Description |
Additional national joint
committee for the employees |
|
category |
|
|
JIC Code |
324 |
|
Description |
Joint committee for the
industry and the trade in diamant |
|
category |
|
|
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 |
347,566 |
-4.73 |
364,834 |
-4.97 |
383,927 |
-4.40 |
401,616 |
4.01 |
386,140 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
347,269 |
-4.74 |
364,536 |
-4.98 |
383,629 |
-4.41 |
401,318 |
4.01 |
385,843 |
|
Land & building |
275,068 |
-0.59 |
276,699 |
-0.59 |
278,329 |
-0.58 |
279,959 |
-0.58 |
281,589 |
|
Plant & machinery |
5,246 |
-18.27 |
6,418 |
32.21 |
4,855 |
1.67 |
4,775 |
12.03 |
4,262 |
|
Furniture & Vehicles |
12,137 |
-32.49 |
17,977 |
-36.66 |
28,380 |
-20.94 |
35,894 |
236 |
10,677 |
|
Leasing & Other Similar Rights |
54,818 |
-13.59 |
63,442 |
-11.97 |
72,066 |
-10.69 |
80,690 |
-9.66 |
89,315 |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
298 |
0 |
298 |
0 |
298 |
0 |
298 |
0 |
298 |
|
Total current assets |
6,592,023 |
60.02 |
4,119,478 |
-32.00 |
6,058,040 |
2.25 |
5,924,602 |
21.93 |
4,858,822 |
|
Inventories |
3,425,646 |
16.85 |
2,931,745 |
-27.18 |
4,026,202 |
50.29 |
2,678,947 |
-19.85 |
3,342,282 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
3,425,646 |
16.85 |
2,931,745 |
-27.18 |
4,026,202 |
50.29 |
2,678,947 |
-19.85 |
3,342,282 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
3,067,131 |
183 |
1,082,181 |
-45.37 |
1,981,105 |
-38.12 |
3,201,724 |
129 |
1,393,840 |
|
Other amounts receivable |
2,302 |
42.42 |
1,616 |
-57.10 |
3,767 |
43.96 |
2,617 |
-83.59 |
15,945 |
|
Cash |
92,316 |
-7.81 |
100,132 |
124 |
44,575 |
22.57 |
36,367 |
-64.94 |
103,729 |
|
Miscellaneous current assets |
4,628 |
21.69 |
3,803 |
59.03 |
2,391 |
-51.66 |
4,947 |
63.53 |
3,025 |
|
Total Assets |
6,939,590 |
54.75 |
4,484,312 |
-30.39 |
6,441,968 |
1.83 |
6,326,219 |
20.62 |
5,244,962 |
Liabilities
|
Total shareholders equity |
205,227 |
-10.62 |
229,622 |
2.69 |
223,612 |
8.45 |
206,181 |
7.10 |
192,507 |
|
Issued share capital |
6,205 |
0 |
6,205 |
0 |
6,205 |
0 |
6,205 |
0 |
6,205 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
236,307 |
0 |
236,307 |
0 |
236,307 |
0 |
236,307 |
0 |
236,307 |
|
Reserves |
-37,285 |
-189 |
-12,891 |
68.20 |
-18,900 |
52.02 |
-36,331 |
72.65 |
-50,005 |
|
Provisions for Liabilities &
Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
6,734,362 |
58.28 |
4,254,690 |
-31.58 |
6,218,356 |
1.61 |
6,120,037 |
21.13 |
5,052,455 |
|
Other long term loans |
1,350,816 |
-5.66 |
1,431,801 |
-2.34 |
1,466,131 |
2552 |
55,279 |
8.80 |
50,809 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
1,350,816 |
-5.66 |
1,431,801 |
-2.34 |
1,466,131 |
2552 |
55,279 |
8.80 |
50,809 |
|
Current portion of long term
debt |
21,655 |
8.64 |
19,933 |
25.57 |
15,874 |
-7.54 |
17,170 |
-0.92 |
17,329 |
|
Financial debts |
1,960 |
-86.36 |
14,374 |
73.94 |
8,264 |
15337 |
54 |
-97.97 |
2,632 |
|
Trade creditors |
5,293,732 |
95.50 |
2,707,729 |
-41.28 |
4,611,098 |
-21.76 |
5,893,321 |
18.36 |
4,979,060 |
|
Amounts Payable for Taxes, |
11,668 |
-1.94 |
11,898 |
86.64 |
6,375 |
125 |
2,827 |
7.67 |
2,626 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
54,531 |
-20.92 |
68,955 |
-37.66 |
110,613 |
-26.93 |
151,386 |
- |
0 |
|
Total current liabilities |
5,383,547 |
90.71 |
2,822,889 |
-40.60 |
4,752,224 |
-21.64 |
6,064,758 |
21.26 |
5,001,646 |
|
Total Liabilities |
6,939,590 |
54.75 |
4,484,312 |
-30.39 |
6,441,968 |
1.83 |
6,326,219 |
20.62 |
5,244,962 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-0.30 |
-220 |
0.25 |
127 |
0.11 |
1100 |
-0.01 |
-109 |
0.11 |
|
Return on capital employed |
-1.50 |
-207 |
1.40 |
86.67 |
0.75 |
174 |
-0.43 |
-111 |
3.62 |
|
Return on total assets employed |
-0.34 |
-165 |
0.52 |
160 |
0.20 |
1000 |
-0.02 |
-111 |
0.17 |
|
Return on net assets employed |
-11.36 |
-212 |
10.12 |
77.86 |
5.69 |
1034 |
-0.55 |
-112 |
4.57 |
|
Sales / net working capital |
6.40 |
-9.09 |
7.04 |
-23.31 |
9.18 |
16.63 |
-55.20 |
-1.30 |
-54.49 |
|
Stock turnover ratio |
44.31 |
37.91 |
32.13 |
-4.32 |
33.58 |
-3.03 |
34.63 |
-19.35 |
42.94 |
|
Creditor days |
249.39 |
129 |
108.65 |
-22.72 |
140.60 |
-49.48 |
278.29 |
18.94 |
233.98 |
|
Debtor days |
144.81 |
234 |
43.28 |
-28.24 |
60.31 |
-60.07 |
151.05 |
131 |
65.37 |
|
SHORT TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.22 |
-16.44 |
1.46 |
14.96 |
1.27 |
29.59 |
0.98 |
1.03 |
0.97 |
|
Liquidity ratio / acid ratio |
0.59 |
40.48 |
0.42 |
-2.33 |
0.43 |
-20.37 |
0.54 |
80.0 |
0.30 |
|
Current debt ratio |
26.23 |
113 |
12.29 |
-42.16 |
21.25 |
-27.75 |
29.41 |
13.20 |
25.98 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
-7,359 |
-132 |
22,434 |
-44.35 |
40,313 |
-2.76 |
41,459 |
9.25 |
37,949 |
|
Net worth |
205,227 |
-10.62 |
229,622 |
2.69 |
223,612 |
8.45 |
206,181 |
7.10 |
192,507 |
|
LONG TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
669.71 |
4.89 |
638.49 |
-4.20 |
666.45 |
1795 |
35.16 |
-4.35 |
36.76 |
|
Equity in percentage |
2.96 |
-42.19 |
5.12 |
47.55 |
3.47 |
6.44 |
3.26 |
-11.17 |
3.67 |
|
Total debt ratio |
32.81 |
77.06 |
18.53 |
-33.37 |
27.81 |
-6.30 |
29.68 |
13.07 |
26.25 |
|
Working capital |
1,208,477 |
-6.80 |
1,296,589 |
-0.71 |
1,305,816 |
931 |
-140,155 |
98.13 |
-142,825 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
7,753,281 |
-15.44 |
9,169,358 |
-23.81 |
12,034,276 |
55.55 |
7,736,649 |
-0.60 |
7,782,983 |
|
Turnover |
7,730,624 |
-15.29 |
9,125,887 |
-23.89 |
11,990,084 |
54.98 |
7,736,592 |
-0.60 |
7,782,983 |
|
Total operating expenses |
7,747,600 |
-14.83 |
9,096,687 |
-24.01 |
11,970,361 |
54.87 |
7,729,473 |
-0.48 |
7,767,079 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
7,770,257 |
-14.99 |
9,140,159 |
-23.92 |
12,014,552 |
55.44 |
7,729,529 |
-0.48 |
7,767,079 |
|
Employee costs |
50,389 |
4.46 |
48,236 |
23.81 |
38,960 |
265 |
10,652 |
-30.72 |
15,375 |
|
Wages and salary |
40,251 |
1.59 |
39,621 |
17.43 |
33,742 |
320 |
8,030 |
-35.82 |
12,510 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
8,000 |
9.82 |
7,285 |
103 |
3,575 |
347 |
799 |
-52.42 |
1,680 |
|
Other employee costs |
2,137 |
60.68 |
1,330 |
-19.03 |
1,643 |
-9.91 |
1,823 |
53.87 |
1,185 |
|
Director remuneration |
- |
- |
- |
- |
30,389 |
- |
- |
- |
- |
|
Amortization and depreciation |
17,036 |
3.72 |
16,424 |
-28.22 |
22,883 |
-17.64 |
27,785 |
-1.77 |
28,284 |
|
Operating result |
-16,976 |
-158 |
29,199 |
48.04 |
19,724 |
177 |
7,120 |
-55.23 |
15,904 |
|
Total financial income |
1 |
-99 |
3,070 |
60.12 |
1,917 |
356 |
420 |
-25.86 |
566 |
|
Total financial expenses |
6,329 |
-29.84 |
9,021 |
1.13 |
8,920 |
2.88 |
8,670 |
12.98 |
7,674 |
|
Results on ordinary operations
before |
-23,304 |
-200 |
23,248 |
82.76 |
12,721 |
1124 |
-1,131 |
-112 |
8,796 |
|
taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
4,710 |
-68.19 |
14,805 |
983 |
1,367 |
|
Extraordinary Charges |
731 |
-95.76 |
17,238 |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
-731 |
4.24 |
-17,238 |
-466 |
4,710 |
-68.19 |
14,805 |
983 |
1,367 |
|
Results for the Year Before
Taxation |
-24,036 |
-499 |
6,010 |
-65.52 |
17,431 |
27.47 |
13,674 |
34.55 |
10,163 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
359 |
- |
- |
- |
- |
- |
- |
- |
498 |
|
Results on ordinary operations
after |
-23,663 |
-201 |
23,248 |
82.76 |
12,721 |
1124 |
-1,131 |
-113 |
8,298 |
|
taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-24,395 |
-505 |
6,010 |
-65.52 |
17,431 |
27.47 |
13,674 |
41.49 |
9,665 |
|
Profit (Loss) for the Year
to be appropiated |
-24,395 |
-505 |
6,010 |
-65.52 |
17,431 |
27.47 |
13,674 |
41.49 |
9,665 |
Social Balance
Sheet Details
|
Social Balance
Sheet |
|
Total |
|
|
During the
reporting year |
|
|
|
|
ended 31-12-2013 |
|
|
|
|
Full-time Employees |
|
1 |
|
|
Part-time Employees |
|
1 |
|
|
Total Fte
Employees |
|
1 |
|
|
Number of
hours worked |
|
|
|
|
Full-time Employees |
|
1,580 |
|
|
Part-time Employees |
|
932 |
|
|
Total |
|
2,512 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
36,641 |
|
|
Part-time Employees |
|
13,748 |
|
|
Total |
|
50,389 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
During the
previous reporting year |
|
|
|
|
Average number
employees in Fte |
|
1 |
|
|
Actual working
hours |
|
2,149 |
|
|
Personnel Charges |
|
48,236 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
1 |
1 |
1 |
|
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 |
- |
- |
- |
|
Higher education
(non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
1 |
0 |
|
Secondairy education |
1 |
- |
1 |
|
Higher education
(non university) |
- |
- |
- |
|
Higher education
(university) |
- |
- |
- |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar
worker |
1 |
1 |
1 |
|
Blue collar worker |
- |
- |
- |
|
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 |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
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 |
- |
- |
|
Industry comparison |
|
|
|
Activity code |
47990 |
|
|
Activity description |
Other retail
sale not in stores, stalls or markets |
|
|
industry average
credit |
79.20 |
|
rating
Industry average
credit limit 2559.14
|
Suspension of
payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment
expectation days |
249.39 |
|
Day sales
outstanding |
144.81 |
|
Industry comparison |
|
|
Activity code |
47990 |
|
Activity description |
Other retail sale not in
stores, stalls or markets |
|
Industry average
payment expectation days |
92.11 |
|
Industry average
day sales outstanding |
82.99 |
Industry quartile
analysis Payment expectations
|
Company result |
249.39 |
|
Lower |
94.34 |
|
Median |
35.41 |
|
Upper |
9.28 |
|
Day sales
outstanding |
|
|
Company result |
144.81 |
|
Lower |
90.62 |
|
Median |
40.33 |
|
Upper |
15.83 |
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
Companies that
match this address
no Companies Match this address
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
Current director details
|
Name |
VINAYKUMAR SINGH |
|
Position |
Principal Manager |
|
Start Date |
12/10/2010 |
|
Street |
23 MECHELSESTEENWEG ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Former director
details |
|
|
Name |
SINGH VINAYKUMAR |
|
Position |
Principal Manager |
|
Start Date |
31/08/1997 |
|
End Date |
Unknown date |
|
Street |
45 DAMHERTENLAAN ANTWERPEN |
|
Post code |
2610 |
|
Country |
Belgium |
|
Name |
FRANCO DA SILVA |
|
Position |
Principal Manager |
|
Start Date |
30/05/1997 |
|
End Date |
Unknown date |
|
Street |
23 MECHELSESTEENWEG ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
SINGH MANISHKUMAR |
|
Position |
Principal Manager |
|
Start Date |
31/08/1997 |
|
End Date |
Unknown date |
Street
Post code
|
Country |
India |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.50 |
|
|
1 |
Rs.99.17 |
|
Euro |
1 |
Rs.69.39 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.