MIRA INFORM REPORT
|
Report No. : |
332696 |
|
Report Date : |
20.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
EURO DISTRIBUTORS DIAMONDS BVBA |
|
|
|
|
Registered Office : |
Schupstraat 1, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
02.04.2002 |
|
|
|
|
Com. Reg. No.: |
477230496 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
LINE OF BUSINESS : |
SUBJECT
IS ENGAGED IN WHOLESALE OF DIAMONDS AND OTHER
PRECIOUS STONES |
|
|
|
|
No. of Employee : |
2 |
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 : |
No complaints |
|
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
EURO
DISTRIBUTORS DIAMONDS BVBA
Company
summary
|
Business number |
477230496 |
|
Branche Unit
Number |
2095938485 |
|
Company name |
EURO DISTRIBUTORS DIAMONDS BVBA |
|
Address |
SCHUPSTRAAT 1 |
|
|
2018 ANTWERPEN |
|
Number of staff |
2 |
|
Date of
establishment |
02/04/2002 |
|
Telephone number |
032333556 |
|
Fax number |
|
|
Ultimate holding
company |
|
|
|
Company name |
Company Number |
|
|
- |
- |
Commentary
The business was established
over 13 years ago. The business has 1
employees.
The business has been at
the address for over 3 years. Operating
Result in the latest trading period decreased
23% on the previous trading period. The
business saw a decrease in their Cash
Balance of 26% during the latest
trading period.
Accounts
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
27,078,783 |
55,402 |
1,635,758 |
1,553,079 |
|
31/12/2012 |
32,711,634 |
49,785 |
1,584,701 |
1,498,701 |
|
31/12/2011 |
30,092,737 |
29,099 |
1,539,509 |
3,746,594 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
5,401,032 |
2 |
1,436,539 |
110,246 |
|
31/12/2012 |
5,743,448 |
2 |
1,436,539 |
103,518 |
|
31/12/2011 |
9,184,997 |
1 |
1,436,539 |
51,645 |
Payment
expectations
|
Past payments |
|
Payment
expectation days |
45.81 |
|
Industry average
payment |
104.58 |
Industry average
day sales |
182.55 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
27.51 |
|
|
Court
data summary
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
|
|
Company
information
|
|
|
Business number |
477230496 |
Company name |
EURO DISTRIBUTORS |
|
|
|
|
DIAMONDS BVBA |
|
Fax number |
|
Date founded |
02/04/2002 |
|
Company status |
active |
Company type |
Private Limited Company |
|
|
|
|
(BL/LX) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
46761 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of diamonds and |
VAT Number |
BE.0477.230.496 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 |
30/12/2011 |
Event Description
|
Event Details |
De 3464 nieuwe aandelen
worden toegekend aan mevrouw Damayanti
Munnalal Kadel. |
Company
accounts
|
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 |
368,106 |
-8.66 |
402,989 |
4.04 |
387,346 |
1921 |
19,161 |
-24.95 |
25,532 |
|
Intangible
fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible
fixed assets |
367,448 |
-8.67 |
402,331 |
3.94 |
387,088 |
1947 |
18,903 |
-25.21 |
25,274 |
|
Land
& building |
207,315 |
-7.59 |
224,354 |
-7.06 |
241,393 |
- |
- |
- |
- |
|
Plant
& machinery |
155,086 |
-7.76 |
168,127 |
30.29 |
129,043 |
3246 |
3,856 |
33.16 |
2,896 |
|
Furniture
& Vehicles |
5,048 |
-48.76 |
9,851 |
-40.85 |
16,653 |
10.67 |
15,047 |
-32.76 |
22,378 |
|
Leasing
& Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other
tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial
fixed assets |
658 |
0 |
658 |
155 |
258 |
0 |
258 |
0 |
258 |
|
Total
current assets |
5,032,926 |
-5.76 |
5,340,459 |
-39.30 |
8,797,651 |
42.47 |
6,175,115 |
-0.38 |
6,198,854 |
|
Inventories |
2,033,218 |
115 |
942,036 |
-76.21 |
3,960,087 |
255 |
1,113,346 |
- |
- |
|
Raw
materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work
in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished
goods |
2,033,218 |
115 |
942,036 |
-76.21 |
3,960,087 |
255 |
1,113,346 |
- |
0 |
|
Other
stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
debtors |
2,041,221 |
-49.71 |
4,058,858 |
-12.50 |
4,638,948 |
-1.84 |
4,725,940 |
-22.64 |
6,109,007 |
|
Other
amounts receivable |
910,568 |
231 |
274,380 |
92.26 |
142,717 |
13.41 |
125,839 |
636 |
17,076 |
|
Cash |
47,795 |
-26.68 |
65,184 |
16.61 |
55,900 |
-73.24 |
208,896 |
187 |
72,721 |
|
Miscellaneous
current assets |
123 |
- |
0 |
- |
0 |
-100 |
1,094 |
2085 |
50 |
|
Total
Assets |
5,401,032 |
-5.96 |
5,743,448 |
-37.47 |
9,184,997 |
48.28 |
6,194,276 |
-0.48 |
6,224,386 |
Liabilities
|
Total
shareholders equity |
1,635,758 |
3.22 |
1,584,701 |
2.94 |
1,539,509 |
96.56 |
783,216 |
3.57 |
756,201 |
|
Issued
share capital |
1,436,539 |
0 |
1,436,539 |
0 |
1,436,539 |
105 |
698,858 |
0 |
698,858 |
|
Share
premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation
reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
199,219 |
34.46 |
148,162 |
43.89 |
102,970 |
22.06 |
84,358 |
47.11 |
57,343 |
|
Provisions
for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered
taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
3,765,274 |
-9.46 |
4,158,748 |
-45.61 |
7,645,489 |
41.29 |
5,411,061 |
-1.04 |
5,468,185 |
|
Other
long term loans |
285,427 |
-9.96 |
316,990 |
-87.78 |
2,594,431 |
95.36 |
1,328,047 |
61.41 |
822,759 |
|
Long
term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other
long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
long term debts |
285,427 |
-9.96 |
316,990 |
-87.78 |
2,594,431 |
95.36 |
1,328,047 |
61.41 |
822,759 |
|
Current
portion of long term debt |
26,000 |
-7.92 |
28,236 |
-10.73 |
31,629 |
549 |
4,866 |
-21.25 |
6,180 |
|
Financial
debts |
998 |
-99 |
641,822 |
-3.44 |
664,657 |
- |
- |
- |
364 |
|
Trade
creditors |
3,392,063 |
8.45 |
3,127,777 |
-23.09 |
4,066,710 |
5.41 |
3,858,002 |
-10.40 |
4,305,869 |
|
Amounts
Payable for Taxes, |
39,130 |
82.20 |
21,477 |
73.24 |
12,397 |
511 |
2,028 |
-29.04 |
2,858 |
|
Remuneration
& Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous
current liabilities |
21,654 |
-3.53 |
22,447 |
-91.86 |
275,664 |
26.38 |
218,118 |
-33.93 |
330,155 |
|
Total
current liabilities |
3,479,846 |
-9.42 |
3,841,758 |
-23.94 |
5,051,057 |
23.71 |
4,083,014 |
-12.11 |
4,645,426 |
|
Total
Liabilities |
5,401,032 |
-5.96 |
5,743,448 |
-37.47 |
9,184,997 |
48.28 |
6,194,276 |
-0.48 |
6,224,386 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit
Before Tax |
0.20 |
33.33 |
0.15 |
50.0 |
0.10 |
100 |
0.05 |
-68.75 |
0.16 |
|
Return
on capital employed |
2.88 |
9.92 |
2.62 |
274 |
0.70 |
-46.56 |
1.31 |
-35.15 |
2.02 |
|
Return
on total assets employed |
1.03 |
18.39 |
0.87 |
171 |
0.32 |
-28.89 |
0.45 |
-11.76 |
0.51 |
|
Return
on net assets employed |
3.39 |
7.96 |
3.14 |
66.14 |
1.89 |
-46.31 |
3.52 |
-16.59 |
4.22 |
|
Sales
/ net working capital |
17.44 |
-20.11 |
21.83 |
171 |
8.03 |
-67.48 |
24.69 |
90.95 |
12.93 |
|
Stock
turnover ratio |
7.51 |
160 |
2.88 |
-78.12 |
13.16 |
509 |
2.16 |
- |
- |
|
Creditor
days |
45.81 |
31.00 |
34.97 |
-29.27 |
49.44 |
81.17 |
27.29 |
-65.20 |
78.42 |
|
Debtor
days |
27.51 |
-39.26 |
45.29 |
-19.51 |
56.27 |
68.52 |
33.39 |
-69.92 |
111.01 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current
ratio |
1.45 |
4.32 |
1.39 |
-20.11 |
1.74 |
15.23 |
1.51 |
13.53 |
1.33 |
|
Liquidity
ratio / acid ratio |
0.86 |
-24.56 |
1.14 |
18.75 |
0.96 |
-22.58 |
1.24 |
-6.77 |
1.33 |
|
Current
debt ratio |
2.13 |
-11.98 |
2.42 |
-26.22 |
3.28 |
-37.04 |
5.21 |
-15.15 |
6.14 |
|
Liquidity
ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
110,246 |
6.50 |
103,518 |
100 |
51,645 |
44.98 |
35,623 |
-7.19 |
38,382 |
|
Net
worth |
1,635,758 |
3.22 |
1,584,701 |
2.94 |
1,539,509 |
96.56 |
783,216 |
3.57 |
756,201 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
19.10 |
-69.34 |
62.29 |
-70.86 |
213.75 |
25.60 |
170.18 |
55.17 |
109.67 |
|
Equity
in percentage |
30.29 |
9.79 |
27.59 |
64.62 |
16.76 |
32.59 |
12.64 |
4.03 |
12.15 |
|
Total
debt ratio |
2.30 |
-12.21 |
2.62 |
-47.28 |
4.97 |
-28.08 |
6.91 |
-4.43 |
7.23 |
|
Working
capital |
1,553,079 |
3.63 |
1,498,701 |
-60.00 |
3,746,594 |
79.08 |
2,092,101 |
34.68 |
1,553,428 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating
Income |
27,094,651 |
-17.19 |
32,720,236 |
8.68 |
30,106,139 |
-41.73 |
51,667,240 |
157 |
20,086,779 |
|
Turnover |
27,078,783 |
-17.22 |
32,711,634 |
8.70 |
30,092,737 |
-41.75 |
51,658,867 |
157 |
20,086,460 |
|
Total
operating expenses |
27,028,142 |
-17.21 |
32,645,381 |
8.73 |
30,025,208 |
-41.82 |
51,607,613 |
157 |
20,042,000 |
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Charges |
27,044,010 |
-17.18 |
32,653,983 |
8.71 |
30,038,610 |
-41.80 |
51,615,986 |
157 |
20,042,319 |
|
Employee
costs |
87,534 |
50.48 |
58,170 |
191 |
19,954 |
2411 |
795 |
1431 |
52 |
|
Wages
and salary |
81,907 |
61.47 |
50,726 |
182 |
17,956 |
- |
- |
- |
- |
|
Employee
pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social
security contributions |
2,699 |
-48.04 |
5,193 |
764 |
601 |
- |
- |
- |
- |
|
Other
employee costs |
2,928 |
30.14 |
2,250 |
61.06 |
1,397 |
75.83 |
795 |
1431 |
52 |
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization
and depreciation |
59,188 |
1.48 |
58,327 |
76.57 |
33,033 |
283 |
8,608 |
9.34 |
7,872 |
|
Operating
result |
50,641 |
-23.56 |
66,253 |
-1.89 |
67,529 |
31.75 |
51,254 |
15.28 |
44,460 |
|
Total
financial income |
50,110 |
91.80 |
26,127 |
564 |
3,931 |
518 |
635 |
108 |
305 |
|
Total
financial expenses |
45,349 |
6.47 |
42,595 |
0.55 |
42,362 |
74.32 |
24,302 |
88.69 |
12,879 |
|
Results
on ordinary operations |
55,402 |
11.28 |
49,785 |
71.09 |
29,099 |
5.48 |
27,587 |
-13.48 |
31,885 |
|
before
taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary
Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary
Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary
items |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Results
for the Year Before |
55,402 |
11.28 |
49,785 |
71.09 |
29,099 |
5.48 |
27,587 |
-13.48 |
31,885 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other
appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
4,345 |
-5.40 |
4,593 |
-56.20 |
10,487 |
1732 |
572 |
-58.37 |
1,375 |
|
Results
on ordinary operations |
51,057 |
12.98 |
45,192 |
142 |
18,612 |
-31.10 |
27,015 |
-11.46 |
30,510 |
|
after
taxation |
|
|
|
|
|
|
|
|
|
|
Net
result |
51,057 |
12.98 |
45,192 |
142 |
18,612 |
-31.10 |
27,015 |
-11.46 |
30,510 |
|
Profit
(Loss) for the Year to be appropiated |
51,057 |
12.98 |
45,192 |
142 |
18,612 |
-31.10 |
27,015 |
-11.46 |
30,510 |
Social
Balance Sheet Details
Social Balance
Sheet Details
|
Social Balance
Sheet |
|
Total |
|
|
During the
reporting year |
|
|
|
|
ended 31-12-2013 |
|
|
|
|
Full-time Employees |
|
2 |
|
|
Part-time Employees |
|
1 |
|
|
Total Fte
Employees |
|
3 |
|
|
Number of
hours worked |
|
|
|
|
Full-time Employees |
|
3,488 |
|
|
Part-time Employees |
|
1,414 |
|
|
Total |
|
4,902 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
63,244 |
|
|
Part-time Employees |
|
24,290 |
|
|
Total |
|
87,534 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
During the
previous reporting year |
|
|
|
|
Average number
employees in Fte |
|
2 |
|
|
Actual working
hours |
|
3,602 |
|
|
Personnel Charges |
|
58,170 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
2 |
1 |
3 |
|
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 |
1 |
- |
1 |
|
Higher education
(non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
1 |
1 |
2 |
|
Secondairy education |
- |
- |
- |
|
Higher education
(non university) |
- |
- |
- |
|
Higher education (university) |
- |
- |
- |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar
worker |
1 |
- |
1 |
|
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 |
- |
- |
- |
|
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 |
46761 |
|
|
Activity description |
Wholesale of diamonds and
other precious stones |
|
|
industry average
credit |
64.48 |
|
Payment
Information
|
|
|
|
Suspension of
payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment
expectation days |
45.81 |
|
Day sales
outstanding |
27.51 |
|
Industry comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and
other precious stones |
|
Industry average
payment expectation days |
104.58 |
|
Industry average
day sales outstanding |
182.55 |
Industry quartile
analysis Payment expectations
|
Company result |
45.81 |
|
Lower |
118.32 |
|
Median |
75.64 |
|
Upper |
44.92 |
|
Day sales
outstanding |
|
|
Company result |
27.51 |
|
Lower |
102.33 |
|
Median |
54.86 |
|
Upper |
25.06 |
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 |
Damayantibay |
Middle name |
|
- |
|
|
Surname |
Kadel |
|
|
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
|
|
Start date |
26/01/2012(estimated) |
End date |
|
- |
|
|
Percentage owned |
- |
|
|
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
|
|
Street name |
- |
House number |
|
- |
|
|
Minor town |
- |
Postal town |
|
- |
|
|
Post code |
- |
Country |
|
India |
|
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 |
GIRISH KADEL |
|
Position |
Principal Manager |
|
Start Date |
01/01/2007 |
|
Street |
28 VAN EYCKLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
Former director
details
Former mandates
in other companies
|
Name |
Diamond Vault NV |
|
Business number |
830513208 |
|
Position |
Chairman of the Board |
|
Start Date |
18/10/2010 |
|
End Date |
28/02/2013 |
|
Business number |
830513208 |
|
Position |
Managing Director |
|
Start Date |
18/10/2010 |
|
End Date |
28/02/2013 |
|
Business number |
830513208 |
|
Position |
Director |
|
Start Date |
18/10/2010 |
|
End Date |
28/02/2013 |
|
Business number |
830513208 |
|
Position |
Legal Representative |
|
Start Date |
18/10/2010 |
|
End Date |
28/02/2013 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.55 |
|
|
1 |
Rs.99.10 |
|
Euro |
1 |
Rs.68.83 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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.