MIRA INFORM REPORT
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Report No. : |
326944 |
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Report Date : |
11.06.2015 |
IDENTIFICATION DETAILS
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Name : |
X-FLOW B.V. |
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Registered Office : |
Marssteden 50, 7547TC Enschede |
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Country : |
Netherlands |
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Date of Incorporation : |
01.04.1984 |
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Com. Reg. No.: |
KvK-nummer: 06050907 |
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Legal Form : |
Private Company |
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Line of Business : |
Subject is manufacture of other general-purpose
machinery and equipment |
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No. of Employee : |
23 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Netherlands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
NETHERLANDS - ECONOMIC OVERVIEW
Netherlands, the sixth-largest economy in the euro-zone, is noted for its important role as a European transportation hub, sizable trade surplus, stable industrial relations, and moderate unemployment and inflation. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for food-processing and export. Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. The Dutch financial sector suffered as a result of the global financial crisis, due in part to the high exposure of some Dutch banks to US mortgage-backed securities. In 2008, the government injected billions of dollars of capital into financial institutions to stem the deterioration. To address the economic downturn, the government also sought to stimulate the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credits. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing austerity measures in early 2011 to reduce the budget deficit, and, in 2013, the government brought the budget deficit below the euro-zone limit of 3% of GDP. Though the Dutch economy remains fragile, a gradual improvement in GDP growth in 2014 helped reduce the deficit further through an increase in government tax revenues. Private consumption remains subdued because of high unemployment, low wage growth, and still-high levels of debt, which together with tax increases, have made households reluctant to spend. Private investment and export growth are susceptible to slower activity in the Netherlands’ European trading partners and geopolitical tensions that constrain international trade.
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Source
: CIA |
Summary
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Company name |
X-FLOW B.V. |
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Operative address |
Marssteden 50 |
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7547TC Enschede |
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Netherlands |
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Legal form |
Private Company |
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Registration number |
KvK-nummer: 06050907 |
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VAT-number |
006541483 |
Contact
information
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Company name |
X-FLOW B.V. |
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Trade names |
X-Flow B.V. |
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Operative address |
Marssteden 50 |
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7547TC Enschede |
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Netherlands |
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Correspondence address |
Postbus 739 |
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7500AS Enschede |
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Netherlands |
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Telephone number |
0534287350 |
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Fax number |
0534287351 |
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Email address |
info@xflow.nl |
Registration
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Registration number |
KvK-nummer: 06050907 |
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Branch number |
000017496322 |
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VAT-number |
006541483 |
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Status |
Active |
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First registration company
register |
1984-08-07 |
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Memorandum |
1984-08-03 |
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Establishment date |
1984-04-01 |
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Legal form |
Private Company |
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Legal person since |
1984-08-03 |
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Last proposed admendment |
2009-12-31 |
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Issued placed capital |
EUR 72.500 |
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Paid up share capital |
EUR 72.500 |
Activities
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SBI |
Manufacture of other general-purpose machinery and
equipment (2829) |
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Exporter |
No |
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Importer |
No |
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Goal |
Giving advice on water treatment, as well as the
manufacture of and trade in technical articles, particularly for government,
industry, shipping and offshore |
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Relations
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Shareholders |
Pentair Water Proces T.H.
B.V. |
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Marssteden 50 |
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7547TC ENSCHEDE |
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Netherlands Registration number: 060320840000 Percentage: 100% |
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Companies on same address |
Pentair Water Membraan
Techn. Registration number: 060686670000 Pentair Water Proces T.H.
B.V. Registration number: 060320840000 Pentair Water Proc. Techn.
BV Registration number: 060595840000 Nijhuis International B.V. Registration number: 081525210000 Pentair Netherlands Holding
B.V. Registration number: 524165260000 Pentair Global Holdings B.V.
Registration number: 567971680000 |
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Liability statements |
Pentair Water Proces T.H.
B.V. Marssteden 50 7547TC ENSCHEDE Netherlands Registration number: 060320840000 date of issue: 2011-11-15 Starting date: 2011-01-01 End date: 2014-08-18 |
Management
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Active management |
Pentair Water Proces T.H.
B.V. |
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Marssteden 50 7547TC ENSCHEDE Netherlands Registration number: 060320840000 Competence: Fully authorized Function: Manager Starting date: 2000-04-01 M. Dost (Marcel) Netherlands Competence: Jointly authorized Function: Manager Starting date: 2015-01-22 Date of birth: 1964-02-09, Amsterdam, NL Involved with the following companies Nijhuis Pompen B.V. Parallelweg 4 7102DE WINTERSWIJK Netherlands Registration number: 080116480000 Function: Proxy L. Damsté - Bastin (Linda) Netherlands Competence: Limited authorization Function: Proxy Starting date: 2011-12-09 Date of birth: 1978-07-03, Hengelo (O), NL Involved with the following companies Pentair Water Proc. Techn.
BV Marssteden 50 7547TC ENSCHEDE Netherlands Registration number: 060595840000 Function: Proxy S.J. Gering (Sven Jesper) Netherlands Competence: Limited authorization Function: Proxy Starting date: 2011-12-09 Date of birth: 1984-09-13, Enschede, NL Involved with the following companies Pentair Water Proc. Techn.
BV Marssteden 50 7547TC ENSCHEDE Netherlands Registration number: 060595840000 Function: Proxy H. Schipper (Hendrik) Netherlands Competence: Limited authorization Function: Proxy Starting date: 2011-12-09 Date of birth: 1966-03-15, Arnhem, NL Involved with the following companies Pentair Water Proc. Techn.
BV Marssteden 50 7547TC ENSCHEDE Netherlands Registration number: 060595840000 Function: Proxy T.S. Horstink (Tim Sybren) Netherlands Competence: Limited authorization Function: Proxy Starting date: 2013-02-08 Date of birth: 1986-10-24, Warnsveld, NL M. Oonk (Mirjam) Netherlands Competence: Limited authorization Function: Proxy Starting date: 2014-06-17 Date of birth: 1971-07-07, Zwolle, NL |
Employees
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Year |
2015 |
2012 |
2011 |
2010 |
2003 |
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Total |
23 |
23 |
23 |
23 |
23 |
Payments
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Description |
The payments are
unknown |
Financial
statement
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Remark annual account |
There is no financial data published |
Analysis
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Branch (SBI) |
Architects, engineers and technical design and
consultancy; testing and analysis (71) |
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Region |
Twente In the Netherlands 47723 of the companies are registered with the SBI code 71 In the region Twente 1616 of the companies are registered with the SBI code 71 In the Netherlands 534 of the bankrupcties are published within this sector In the region Twente 22 of the bankruptcies are published within this sector The risk of this specific sector in the Netherlands is normal The risk of this specific sector in the region Twente is
normal |
Publications
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Consent statements |
21-08-2014: Voor boekjaar 2013 is een instemmingsverklaring gedeponeerd. 21-08-2014: Voor boekjaar 2014 is een instemmingsverklaring gedeponeerd. 14-12-2012: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd. 27-01-2012: Voor boekjaar 2010 is een instemmingsverklaring gedeponeerd. 16-11-2011: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd |
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Liability statements |
21-08-2014: Per 04-08-2014 is een aansprakelijkheidsverklaring door gedeponeerd. 21-08-2014: Per 18-08-2014 is een aansprakelijkheidsverklaring door Pentair Water Proces Technologie Holding B.V.. Per 4-8-2014 is gedeponeerd een intrekking aansprakelijkheidsverklaring door ingetrokken. 06-08-2014: Per 04-08-2014 is een aansprakelijkheidsverklaring door gedeponeerd. 06-08-2014: Per 04-08-2014 is een aansprakelijkheidsverklaring door ingetrokken. 15-11-2011: Per 23-08-2011 is een aansprakelijkheidsverklaring door Norit International N.V. ingetrokken. 15-11-2011: Per 15-11-2011 is een aansprakelijkheidsverklaring door Pentair Water Proces Technologie Holding B.V. gedeponeerd. 23-08-2011: Per 23-08-2011 is een aansprakelijkheidsverklaring door Norit International N.V. ingetrokken. -02-2015: Per 22-01-2015 is bestuurder Marcel Dost in functie getreden. 04-02-2015: Per 01-12-2014 is bestuurder Jürgen Peter von Hollen uit functie getreden. 03-10-2014: Per 01-09-2014 is bestuurder Pleundert Cornelis Gerard Barber Eegdeman uit functie getreden. 08-07-2014: Per 17-06-2014 is gevolmachtigde Mirjam Oonk in functie getreden. 08-07-2014: Per 17-06-2014 is gevolmachtigde Andries Ronald Huisman uit functie getreden. 21-03-2013: Per 08-02-2013 is gevolmachtigde Tim Sybren Horstink in functie getreden. 21-03-2013: Per 08-02-2013 is gevolmachtigde Andries Ronald Huisman in functie getreden. 21-03-2013: Per 08-02-2013 is gevolmachtigde Frederikus Johannes Maria Sueters uit functie getreden. 25-05-2012: Per 30-04-2012 is gevolmachtigde Hendrika Lydia Groothornte uit functie getreden. 11-05-2012: Per 09-12-2011 is gevolmachtigde Hendrik Schipper in functie getreden. 29-03-2012: Per 09-12-2011 is gevolmachtigde Sven Jesper Gering in functie getreden. 09-01-2012: Per 09-12-2011 is gevolmachtigde Hendrika Lydia Groothornte in functie getreden. 21-12-2011: Per 09-12-2011 is gevolmachtigde Linda Bastin in functie getreden. |
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Mergers |
07-01-2015: Op 31-12-2014 fusieakte verleden.
Verkrijgende rechtspersoon: X-Flow B.V., 06050907 Verdwijnende rechtspersoon: Filtrix B.V.,
30180364. 10-10-2014: Op 09-10-2014 fusievoorstel gedeponeerd.
Verkrijgende rechtspersoon: X-Flow B.V., 06050907 Verdwijnende rechtspersoon:
Filtrix B.V., 30180364. |
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Other |
21-08-2014: Datum deponering: 18-08-2014 Soort
deponering: Geconsolideerde jaarrekening (art. 408 BW2). |
Company
structure
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Relations |
14 |
Pentair International Holding
S.à.r.l.
26, boulevard Royal
L-2449 Luxemburg Luxembourg
Pentair Netherlands Holding B.V.
Marssteden 50
7547TC ENSCHEDE Netherlands
Registration number: 524165260000
Pentair Water Proces T.H. B.V.
Marssteden 50
7547TC ENSCHEDE Netherlands
Registration number: 060320840000
X-Flow B.V.
Marssteden 50 7547TC Enschede Netherlands
Registration number: 060509070000
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.63.88 |
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|
1 |
Rs.98.47 |
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Euro |
1 |
Rs.72.15 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.