MIRA INFORM REPORT

 

 

Report No. :

328074

Report Date :

22.06.2015

 

IDENTIFICATION DETAILS

 

Name :

MUNKSJO STENAY

 

 

Registered Office :

Munksjo Stenay 55700 Stenay

 

 

Country :

France

 

 

Date of Incorporation :

Oct., 2014

 

 

Com. Reg. No.:

B 804 891 281

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Manufacture of Paper and Paperboard.

 

 

No. of Employees :

200 to 249 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

 

--

NB

New Business

--

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

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)

France

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

FRANCE - ECONOMIC OVERVIEW

 

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With more than 84 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP increased by 0.4% in 2014. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 24.3% in the fourth quarter of 2014. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95% in 2014, and may hit 100% by 2016. Elected on a conventionally leftist platform, President Francois HOLLANDE surprised and angered many supporters with a January 2014 speech announcing a sharp change in his economic policy, recasting himself as a liberalizing reformer. The government's budget for 2014 shifted the balance of fiscal consolidation from taxes to a total of $24 billion in spending cuts. In December 2014, HOLLANDE announced additional reforms, including a plan to extend commercial business hours, liberalize professional services, and sell off $6.2-12.4 billion in state owned assets. France’s tax burden remains well above the EU average and income tax cuts over the past decade are being partly reversed, particularly for higher earners. The top rate of income tax is 41%. The government is allowing a 75% payroll tax on salaries over $1.24 million to lapse.

 

Source : CIA

 

 

Company Name and Summary

 

Name

MUNKSJO STENAY

Acronym

-

Trade name

-

Status

Economically active

Postal Address

MUNKSJO STENAY
55700 STENAY

Share Capital

10,000,000 Euros

Incorporation Date

10/2014

 

 

Activity (APE)

Manufacture of Paper and Paperboard (1712Z)

RCS Registration

RCS Bar-le-Duc B 804 891 281

Formation Date

09/2014

EUR VAT Number

FR87804891281

Deregistration Date

-

Last account Date

-

Court Registry Number

20 1 4B00183

Telephone

-

Registration Court

Bar-le-Duc (55)

Fax

-

Nationality

France

Legal form

Simplified joint stock company

Currency

Euros

 

 

Directors

 

Current Directors

2

 

 

Preferential Right

 

No social security and tax office preferential right to date

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

3

Total number of Invoices paid within or up to 30 days after the due date

0

Total number of Invoices paid more than 30 days after the dues date

0

Total number of Invoices currently outstanding where the due date has not yet been reached

3

Total number of Invoices currently outstanding beyond the due date

0

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

1712Z

Activity

Manufacture of Paper and Paperboard

Formation Date

09/2014

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

Manufacture, production

Activity Location

Plant

Trading Address


55700 STENAY

Department

Meuse (55)

Location Surface

-

District

3

City

STENAY

Status

Economically active

Business Pages FT®

-

Region

Lorraine

Area

20

Size of Urban Area

-

 

 

Other Establishment(s)

 

Regionality

-

Mono-activity status

-

Branches

3 branch entities in this company

 

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

MUNKSJO STENAY

Head Office

1712Z

Fabrication de papier et de carton

STENAY

55700

MUNKSJO STENAY

Branch

1712Z

Fabrication de papier et de carton

PONT EVEQUE

38780

MUNKSJO STENAY

Branch

1712Z

Fabrication de papier et de carton

PONT EVEQUE

38780

MUNKSJO STENAY

Branch

1712Z

Fabrication de papier et de carton

FONTENAY SOUS BOIS

94120

 

 

Workforces

 

Workforce at address

200 to 249 employees

Company workforce

200 to 249 employees

 

 

Industry comparison

 

Activity (APE)

Manufacture of Paper and Paperboard (1712Z)

industry average credit rating

39

industry average credit limit

205,659

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

Company monitored since

09/12/2014

Status of Monitoring

No social security and tax office preferential right to date

 

 

Group Data

 

No group information available for the company

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. ASTRÖM JAN, OLIVER

Manager position

President

Date of birth

21/03/1956

Place of birth

GRUNDSUNDA(SUEDE)

Type

Individual

Name at birth

Name

M. LE CARDIEC ROLAND

Manager position

Managing director

Date of birth

29/06/1957

Place of birth

QUIMPERLÉ (29)

Type

Individual

Name at birth

 

 

Previous Directors

 

No data about previous directors is available for this company

 

 

Status history

 

Date

Description

29/09/2014

Economically active

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

28/01/2015

Bodacc A

Vente et cession : Acheteur

55 - MEUSE

GREFFE DU TRIBUNAL DE COMMERCE DE BAR-LE-DUC

668 - 804 891 281 RCS Bar-le-Duc. MUNKSJÖ STENAY. Forme : Société par actions simplifiée. Administration : Président : ASTRÖM Jan, Oliver Directeur général : LE CARDIEC Roland Commissaire aux comptes titulaire : KPMG SA (SACA) Commissaire aux comptes suppléant : KPMG AUDIT IS SAS (SAS). Capital : 10000000 EUR. Adresse : 55700 Stenay.
Origine du fonds : Etablissement principal acquis par apport au montant évalué à 17881477,34 Euros. Etablissement : Etablissement principal. Activité : Fabrication et commercialisation des papiers couchés une face. Adresse : 55700 Stenay.
Précédent propriétaire : MUNKSJÖ LABELPACK. 318 072 360 RCS Vienne.
Date de commencement de l’activité : 30/11/2014. Publication légale : MEUSE ECHOS du 22/12/2014. Oppositions : pas d'oppositions. Descriptif : Modification survenue sur le capital et mise en activit¿ de la soci¿t¿. Commentaires : Mise en activité d'une société suite à achat.

17/10/2014

Bodacc A

Création d'établissement

55 - MEUSE

GREFFE DU TRIBUNAL DE COMMERCE DE BAR-LE-DUC

332 - 804 891 281 RCS Bar-le-Duc. MUNKSJÖ STENAY. Forme : Société par actions simplifiée. Administration : Président : ASTRÖM Jan, Oliver Directeur général : LE CARDIEC Roland Commissaire aux comptes titulaire : KPMG SA (SACA) Commissaire aux comptes suppléant : KPMG AUDIT IS SAS (SAS). Capital : 1000 EUR. Adresse : 55700 Stenay.
A dater du : 02/10/2014. Date de commencement de l’activité : 01/01/0001. Descriptif : Cette soci¿t¿ n'exerce aucune activit¿. Commentaires : Immatriculation d'une personne morale (B, D) sans activité.

 

 


Company events history

 

Date

Description

28/01/2015

Bodacc A : Sale and transfer

06/01/2015

Updated articles of association

06/01/2015

Minutes of general meeting of shareholders

06/01/2015

Declaration of conformity

06/01/2015

Capital increase

09/12/2014

Collection of preferential rights activated for this company

17/11/2014

Audit or Management Report

17/10/2014

Bodacc A : Establishment creation

16/10/2014

Amendment

02/10/2014

Private document

02/10/2014

Company formation

 

 

Establishment events history

 

Date

Description

30/11/2014

Modification of Head office

29/09/2014

Formation of Head office

29/09/2014

Modification of Head office

 

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FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.82

UK Pound

1

Rs.101.26

Euro

1

Rs.72.36

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

NIT

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.