|
Report No. : |
311153 |
|
Report Date : |
13.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
CHIYODA EUROPA NV |
|
|
|
|
Registered Office : |
Henry Fordlaan 37 3600 Genk |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
15.07.1983 |
|
|
|
|
Com. Reg. No.: |
424426666 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Manufacture of Paper and Paperboard |
|
|
|
|
No. of Employee : |
206 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 volatility in world markets. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the unemployment rate increased to 8.8% from 7.6% the previous year, and the government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%. Despite the relative improvement in Belgium's budget deficit, public debt hovers around 100% of GDP, a factor that has contributed to investor perceptions that the country is increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks were severely affected by the international financial crisis in 2008 with three major banks receiving capital injections from the government, and the nationalization of the Belgian retail arm of a Franco-Belgian bank.
|
Source
: CIA |
Business
number 424426666
Branche
Unit Number 2022859675
Company
name CHIYODA EUROPA NV
Address
HENRY FORDLAAN 37
3600 GENK
Number
of staff 206
Date
of establishment 15/07/1983
Telephone
number 089610711
Fax
number 089613020
The business was established over 31 years ago.
The business has 206 employees.
The business has been at the address for over 9 years.
Net Worth decreased by 26% during the latest trading period.
The business saw a decrease in their Cash Balance of 77% during the latest trading period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
64,939,309 |
-2,841,822 |
8,127,654 |
935,084 |
|
31/07/2012 |
55,507,812 |
-2,271,593 |
11,096,793 |
2,626,070 |
|
31/07/2011 |
55,039,170 |
-3,751,935 |
14,148,843 |
3,891,184 |
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
19,904,967 |
206 |
3,967,000 |
-93,546 |
|
31/07/2012 |
25,153,303 |
220 |
3,967,000 |
-1,057,305 |
|
31/07/2011 |
28,808,932 |
245 |
3,967,000 |
-1,547,153 |
Profitability
Liquidity
Net worth
|
Past payments |
|
Payment expectation days |
18.16 |
|
Industry average payment |
67.31 |
Industry average day sales |
119.03 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
23.24 |
|
|
BANKRUPTCY
DETAILS
Court action type No
PROTESTED
BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business number |
424426666 |
Company name |
CHIYODA EUROPA NV |
|
Fax number |
089613020 |
Date founded |
15/07/1983 |
|
Company status |
active |
Company type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2013 |
|
Activity code |
17120 |
Liable for VAT |
yes |
|
Activity description |
Manufacture of paper and |
VAT Number |
BE.0424.426.666 Check VAT |
|
|
paperboard |
|
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 |
136 |
|
Description |
Joint committee for the transformation
of paper and cardboard |
|
category |
|
|
|
|
|
JIC Code |
222 |
|
Description |
JC for the employees in the
paper and cardboard production |
|
category |
|
|
SIGNIFICANT
EVENTS |
|
|
Event Date |
04/01/2012 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 04-01-2012: Herbenoemd als
bestuurder voor een periode van 6
jaar : Chiyoda Gravure |
|
|
Corporation. |
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2013 |
% |
31-07-2012 |
% |
31-07-2011 |
% |
31-07-2010 |
% |
31-07-2009 |
|
Weeks |
74 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
8,990,900 |
-21.44 |
11,444,844 |
1.51 |
11,275,070 |
-1.80 |
11,481,569 |
-5.37 |
12,132,617 |
|
Intangible fixed assets |
16,124 |
-18.27 |
19,728 |
-42.75 |
34,460 |
-21.23 |
43,750 |
-29.89 |
62,399 |
|
Tangible fixed assets |
8,934,932 |
-21.61 |
11,397,645 |
1.63 |
11,215,081 |
-1.72 |
11,411,425 |
-5.25 |
12,043,829 |
|
Land & building |
1,962,187 |
-14.34 |
2,290,599 |
-11.50 |
2,588,175 |
-5.41 |
2,736,227 |
-9.26 |
3,015,386 |
|
Plant & machinery |
5,754,367 |
-24.77 |
7,648,593 |
-10.04 |
8,502,192 |
5.01 |
8,096,487 |
37.92 |
5,870,262 |
|
Furniture & Vehicles |
97,776 |
-10.11 |
108,770 |
-12.78 |
124,714 |
-14.54 |
145,941 |
55.06 |
94,119 |
|
Leasing & Other Similar Rights |
1,120,601 |
-16.97 |
1,349,683 |
- |
- |
- |
13,346 |
-99 |
2,995,710 |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
-100 |
419,424 |
513 |
68,352 |
|
Financial fixed assets |
39,844 |
45.04 |
27,471 |
7.61 |
25,529 |
-3.28 |
26,394 |
0.02 |
26,389 |
|
Total current assets |
10,914,067 |
-20.38 |
13,708,459 |
-21.82 |
17,533,862 |
-1.18 |
17,743,090 |
5.61 |
16,801,157 |
|
Inventories |
6,492,335 |
-14.12 |
7,560,146 |
-14.86 |
8,879,787 |
15.04 |
7,718,728 |
9.22 |
7,067,321 |
|
Raw materials & consumables |
2,689,745 |
-36.31 |
4,223,191 |
-20.02 |
5,280,520 |
20.76 |
4,372,817 |
14.70 |
3,812,489 |
|
Work in progress |
96,346 |
-57.98 |
229,313 |
421 |
44,011 |
-42.14 |
76,069 |
-23.88 |
99,930 |
|
Finished goods |
3,706,244 |
19.26 |
3,107,642 |
-12.59 |
3,555,256 |
8.73 |
3,269,842 |
3.64 |
3,154,902 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
4,135,225 |
-15.31 |
4,882,593 |
-21.02 |
6,182,257 |
-19.85 |
7,713,232 |
47.06 |
5,244,834 |
|
Other amounts receivable |
38,372 |
-88.51 |
333,846 |
749 |
39,307 |
-48.17 |
75,834 |
17.48 |
64,552 |
|
Cash |
97,910 |
-77.47 |
434,617 |
-77.82 |
1,959,533 |
10.16 |
1,778,815 |
-55.94 |
4,037,369 |
|
Miscellaneous current assets |
150,225 |
-69.79 |
497,258 |
5.13 |
472,978 |
3.61 |
456,481 |
17.93 |
387,081 |
|
Total Assets |
19,904,967 |
-20.87 |
25,153,303 |
-12.69 |
28,808,932 |
-1.42 |
29,224,659 |
1.01 |
28,933,774 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
8,143,778 |
-26.74 |
11,116,521 |
-21.62 |
14,183,303 |
-20.95 |
17,942,591 |
-4.84 |
18,855,243 |
|
Issued share capital |
3,967,000 |
0 |
3,967,000 |
0 |
3,967,000 |
0 |
3,967,000 |
0 |
3,967,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
4,176,778 |
-41.58 |
7,149,521 |
-30.02 |
10,216,303 |
-26.90 |
13,975,591 |
-6.13 |
14,888,243 |
|
Provisions for Liabilities & |
419,167 |
-43.91 |
747,286 |
52.58 |
489,761 |
-36.69 |
773,557 |
-20.46 |
972,590 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
13,223 |
-19.65 |
16,456 |
-31.77 |
24,118 |
14.73 |
21,021 |
51.20 |
13,903 |
|
Creditors |
11,328,798 |
-14.65 |
13,273,039 |
-5.94 |
14,111,750 |
34.56 |
10,487,490 |
15.35 |
9,092,038 |
|
Other long term loans |
1,349,815 |
-38.38 |
2,190,650 |
367 |
469,072 |
1943 |
22,950 |
-31.35 |
33,429 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
-100 |
1 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
1,782,206 |
-39.68 |
2,954,393 |
200 |
982,951 |
20.23 |
817,528 |
-19.84 |
1,019,922 |
|
Current portion of long term debt |
563,373 |
0.23 |
562,079 |
265 |
153,879 |
1368 |
10,479 |
-98.87 |
929,980 |
|
Financial debts |
3,674,148 |
20.69 |
3,044,185 |
-20.84 |
3,845,851 |
- |
- |
- |
- |
|
Trade creditors |
3,328,409 |
-28.33 |
4,644,289 |
-37.13 |
7,386,847 |
-10.41 |
8,245,065 |
38.87 |
5,937,381 |
|
Amounts Payable for Taxes, |
2,189,484 |
-21.93 |
2,804,553 |
26.05 |
2,224,984 |
1.16 |
2,199,471 |
1.28 |
2,171,751 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
223,569 |
719 |
27,283 |
-12.32 |
31,117 |
226 |
9,525 |
-51.15 |
19,497 |
|
Total current liabilities |
9,978,983 |
-9.96 |
11,082,389 |
-18.77 |
13,642,678 |
30.37 |
10,464,540 |
15.52 |
9,058,609 |
|
Total Liabilities |
19,904,967 |
-20.87 |
25,153,303 |
-12.69 |
28,808,932 |
-1.42 |
29,224,659 |
1.01 |
28,933,774 |
|
RATIO
ANALYSIS |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|||||||||
|
Profit Before Tax |
-4.38 |
-7.09 |
-4.09 |
59.97 |
-6.82 |
-340 |
-1.55 |
-42.20 |
-1.09 |
|
Return on capital employed |
-28.63 |
-77.39 |
-16.14 |
65.24 |
-24.74 |
-427 |
-4.69 |
-66.90 |
-2.81 |
|
Return on total assets employed |
-14.28 |
-58.14 |
-9.03 |
69.35 |
-13.02 |
-332 |
-3.01 |
-55.96 |
-1.93 |
|
Return on net assets employed |
-34.90 |
-70.83 |
-20.43 |
77.24 |
-26.45 |
-439 |
-4.90 |
-65.54 |
-2.96 |
|
Sales / net working capital |
69.45 |
228 |
21.14 |
49.50 |
14.14 |
80.82 |
7.82 |
17.95 |
6.63 |
|
Stock turnover ratio |
10.00 |
-26.58 |
13.62 |
-15.56 |
16.13 |
18.95 |
13.56 |
-1.53 |
13.77 |
|
Creditor days |
18.16 |
-39.35 |
29.94 |
-35.76 |
46.61 |
-11.86 |
52.88 |
23.18 |
42.93 |
|
Debtor days |
23.24 |
-27.62 |
32.11 |
-21.68 |
41.00 |
-17.12 |
49.47 |
32.66 |
37.29 |
|
|
|
|
|
|
|
|
|
|
|
|
SHORT TERM STABILITY
|
|||||||||
|
Current ratio |
1.09 |
-12.10 |
1.24 |
-3.88 |
1.29 |
-24.12 |
1.70 |
-8.11 |
1.85 |
|
Liquidity ratio / acid ratio |
0.44 |
-20.0 |
0.55 |
-12.70 |
0.63 |
-34.38 |
0.96 |
-10.28 |
1.07 |
|
Current debt ratio |
1.23 |
23.00 |
1.00 |
4.17 |
0.96 |
65.52 |
0.58 |
20.83 |
0.48 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
-93,546 |
8.85 |
-1,057,305 |
68.34 |
-1,547,153 |
-193 |
1,656,360 |
-21.95 |
2,122,295 |
|
Net worth |
8,127,654 |
-26.76 |
11,096,793 |
-21.57 |
14,148,843 |
-20.95 |
17,898,841 |
-4.76 |
18,792,844 |
|
|
|
|
|
|
|
|
|
|
|
|
LONG
TERM STABILITY |
|||||||||
|
Gearing |
68.61 |
31.56 |
52.15 |
65.50 |
31.51 |
16484 |
0.19 |
-96.28 |
5.11 |
|
Equity in percentage |
40.95 |
-7.42 |
44.23 |
-10.27 |
49.29 |
-19.84 |
61.49 |
-5.85 |
65.31 |
|
Total debt ratio |
1.44 |
14.29 |
1.26 |
22.33 |
1.03 |
63.49 |
0.63 |
18.87 |
0.53 |
|
Working capital |
935,084 |
-64.39 |
2,626,070 |
-32.51 |
3,891,184 |
-46.54 |
7,278,550 |
-5.99 |
7,742,548 |
|
PROFIT
& LOSS |
|
|
|
|
|
|
|
|
|
|
Operating Income |
66,050,531 |
18.87 |
55,565,905 |
-0.03 |
55,583,104 |
-3.15 |
57,392,741 |
11.72 |
51,369,834 |
|
Turnover |
64,939,309 |
16.99 |
55,507,812 |
0.85 |
55,039,170 |
-3.28 |
56,908,250 |
10.84 |
51,340,387 |
|
Total operating expenses |
66,893,352 |
18.13 |
56,628,045 |
-2.10 |
57,842,122 |
1.63 |
56,913,685 |
12.73 |
50,486,213 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
68,004,575 |
19.97 |
56,686,139 |
-2.91 |
58,386,056 |
1.72 |
57,398,176 |
13.62 |
50,515,660 |
|
Employee costs |
17,267,970 |
33.31 |
12,953,266 |
-11.05 |
14,562,533 |
-0.72 |
14,668,359 |
11.92 |
13,106,291 |
|
Wages and salary |
10,940,048 |
24.54 |
8,784,266 |
-7.59 |
9,506,029 |
0.51 |
9,457,864 |
9.34 |
8,649,871 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
347,143 |
6.20 |
326,888 |
|
Social security contributions |
4,863,897 |
40.06 |
3,472,624 |
-11.79 |
3,936,701 |
-5.89 |
4,182,910 |
18.52 |
3,529,417 |
|
Other employee costs |
1,464,026 |
110 |
696,376 |
-37.81 |
1,119,803 |
64.57 |
680,442 |
13.39 |
600,115 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
2,872,918 |
44.04 |
1,994,597 |
-10.08 |
2,218,151 |
-14.12 |
2,582,834 |
-1.15 |
2,612,822 |
|
Operating result |
-1,954,043 |
-74.43 |
-1,120,233 |
39.97 |
-2,802,952 |
-51472 |
-5,435 |
-100 |
854,174 |
|
Total financial income |
1,105,635 |
155 |
432,060 |
-17.00 |
520,582 |
-22.57 |
672,302 |
532 |
106,264 |
|
Total financial expenses |
1,993,414 |
25.89 |
1,583,420 |
7.75 |
1,469,565 |
-4.97 |
1,546,363 |
1.85 |
1,518,256 |
|
Results on ordinary operations |
-2,841,822 |
-25.10 |
-2,271,593 |
60.54 |
-3,751,935 |
-326 |
-879,496 |
-57.67 |
-557,818 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
1,524 |
- |
- |
- |
333 |
-94.58 |
6,141 |
|
Extraordinary Charges |
127,876 |
-83.80 |
789,495 |
125567 |
628 |
-98.44 |
40,193 |
3441 |
1,135 |
|
Extraordinary items |
-127,876 |
16.23 |
-787,971 |
-125325 |
-628 |
1.58 |
-39,860 |
-896 |
5,006 |
|
Results for the Year Before |
-2,969,698 |
97.06 |
-3,059,564 |
81.53 |
-3,752,563 |
-308 |
-919,356 |
-66.31 |
-552,812 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
- |
- |
- |
- |
4,113 |
- |
- |
- |
-31,740 |
|
Results on ordinary operations after taxation |
-2,841,822 |
-25.10 |
-2,271,593 |
60.48 |
-3,756,047 |
-327 |
-879,496 |
-67.18 |
-526,078 |
|
Net result |
-2,966,464 |
97.20 |
-3,051,902 |
81.05 |
-3,765,304 |
-306 |
-926,474 |
-88.87 |
-490,527 |
|
Profit (Loss) for the Year to be
appropiated |
-2,966,464 |
97.20 |
-3,051,902 |
81.05 |
-3,765,304 |
-306 |
-926,474 |
-88.87 |
-490,527 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social Balance Sheet |
Total |
|
During the reporting year |
|
|
ended 31-12-2013 |
|
|
Full-time Employees |
194 |
|
Part-time Employees |
26 |
|
Total Fte Employees |
213 |
|
Number of hours worked |
|
|
Full-time Employees |
403,825 |
|
Part-time Employees |
38,289 |
|
Total |
442,114 |
|
Personnel Charges |
|
|
Full-time Employees |
15,857,691 |
|
Part-time Employees |
1,410,280 |
|
Total |
17,267,970 |
|
Benefits In Addition To Wages |
- |
|
During the previous reporting year |
|
|
Average number employees in Fte |
235 |
|
Actual working hours |
338,624 |
|
Personnel Charges |
12,953,266 |
|
Benefits In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
188 |
24 |
206 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
1 |
- |
1 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Gender and
Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
24 |
4 |
27 |
|
Secondairy education |
139 |
14 |
150 |
|
Higher education (non university) |
10 |
- |
10 |
|
Higher education (university) |
2 |
- |
2 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
5 |
1 |
6 |
|
Higher education (non university) |
9 |
5 |
12 |
|
Higher education (university) |
- |
- |
- |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
2 |
- |
2 |
|
White collar worker |
43 |
7 |
48 |
|
Blue collar worker |
144 |
17 |
157 |
|
Other |
- |
- |
- |
|
Temporary
personnel |
|
Total |
|
|
Average number of temporary staff |
|
3 |
|
|
Actual working hours |
|
5,385 |
|
|
Cost of temporary staff |
|
171,405 |
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
6 |
- |
6 |
|
Leavers |
15 |
4 |
18 |
|
Total of formal continuing vocational
training initiatives |
|
|
|
for workers paid by the employer |
Male |
Female |
|
Number of employees |
11 |
1 |
|
Number of training hours |
638 |
96 |
|
Net costs for enterprise |
12,493 |
1,586 |
|
Total of less formal and informal
continuing vocational |
|
|
|
training initiatives for workers paid
by the employer |
Male |
Female |
|
Number of employees |
111 |
21 |
|
Number of training hours |
8,633 |
1,733 |
|
Net costs for enterprise |
350,276 |
66,268 |
|
Total of initial training initiatives
at the expense of the |
|
|
|
employer |
Male |
Female |
|
Number of employees |
122 |
22 |
|
Number of training hours |
9,271 |
1,829 |
|
Net costs for enterprise |
362,769 |
67,855 |
INDUSTRY
COMPARISON
Activity code 17120
Activity description Manufacture of paper and paperboard
industry average credit
rating 74.49
Industry average credit limit 761159.52
|
Payment
Information Summary |
|
|
Total number of Invoices available |
56 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
34 |
|
Total number of Invoices paid more
than 30 days after the due date |
6 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
16 |
|
Total number of Invoices currently
outstanding beyond the due date |
0 |
|
Amount |
- |
|
Details |
- |
|
|
|
|
PAYMENT
EXPECTATIONS |
|
|
Payment expectation days |
18.16 |
|
Day sales outstanding |
23.24 |
|
|
|
|
INDUSTRY
COMPARISON |
|
|
Activity code |
17120 |
|
Activity description |
Manufacture of paper and paperboard |
|
Industry average payment |
67.31 |
|
expectation days |
|
|
Industry average day sales outstanding |
119.03 |
|
INDUSTRY
QUARTILE ANALYSIS |
|
|
Payment expectations |
|
|
Company result |
18.16 |
|
Lower |
96.49 |
|
Median |
68.86 |
|
Upper |
44.77 |
|
DAY
SALES OUTSTANDING |
|
|
Company result |
23.24 |
|
Lower |
78.36 |
|
Median |
46.05 |
|
Upper |
25.01 |
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
|
|
|
|
|
|
Business number |
Company name |
% |
Date of |
|
|
|
|
accounts |
|
- |
SHINKO KIGYO CORPORATION |
0.01 |
- |
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 |
SHINKO KIGYO CORPORATION |
|
Position |
Director |
|
Start Date |
04/01/2012 |
|
End Date |
03/01/2018 |
|
Street |
18 OSAKI 1-CHOME SHINAGAWA-KU |
|
Post code |
|
|
Country |
Japan |
|
Name |
CHIYODA GRAVURE CORPORATION |
|
Position |
Director |
|
Start Date |
04/01/2012 |
|
End Date |
03/01/2018 |
|
Street |
18 OSAKI 1-CHOME SHINAGAWA-KU |
|
Post code |
|
|
Country |
Japan |
|
Name |
KUNIHIRO MURATA |
|
Position |
Legal Representative |
|
Start Date |
31/01/2013 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
CHIYODA GRAVURE CORPORATION |
|
Position |
Legal Representative |
|
Start Date |
30/05/2008 |
|
Street |
|
|
Post code |
|
|
Country |
|
FORMER DIRECTOR DETAILS
|
Name |
DELOITTE BEDRIJFSREVISOREN / REVISEURS
D'ENTREPRISES B.V. CVBA |
|
Position |
Commissioner |
|
Start Date |
04/10/2013 |
|
End Date |
Unknown date |
|
Date of birth |
23/06/1986 |
|
Street |
8 BERKENLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
|
|
|
Name |
HIROYHOSHI SATO |
|
Position |
Director |
|
Start Date |
22/07/2004 |
|
End Date |
Unknown date |
|
Street |
TOKYO |
|
Post code |
157-0066 |
|
Country |
Japan |
|
Name |
CHIYODA EXPRESS CORPORATION SOC. ETRANGERE |
|
Position |
Director |
|
Start Date |
30/05/2008 |
|
End Date |
31/12/2013 |
|
Street |
|
|
Post code |
|
|
Country |
Japan |
|
|
|
|
Name |
CHIYODA EXPRESS CORPORATION |
|
Position |
Director |
|
Start Date |
30/05/2008 |
|
End Date |
31/07/2012 |
|
Street |
18 OSAKI 1-CHOME SHINAGAWA-KU |
|
Post code |
|
|
Country |
Japan |
|
Name |
JOHN S. SATO |
|
Position |
Chairman of the Board |
|
Start Date |
09/11/2009 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
United States |
|
Position |
Director |
|
Start Date |
31/08/2004 |
|
End Date |
30/05/2008 |
|
Street |
|
|
Post code |
|
|
Country |
United States |
|
Name |
CHIYODA EXPRESS CORPORATION |
|
Position |
Legal Representative |
|
Start Date |
30/05/2008 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.57 |
|
|
1 |
Rs.93.57 |
|
Euro |
1 |
Rs.65.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ANK |
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.