MIRA INFORM REPORT
|
Report No. : |
323995 |
|
Report Date : |
25.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
GLENCORE GRAIN B.V. |
|
|
|
|
Operative Office : |
Blaak 31, 3011GA Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
09.04.1980 |
|
|
|
|
Com. Reg. No.: |
24138640 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of business : |
· Wholesaler of Grain. · Wholesaler of Ferrous Metals and Ferrous Semi-Finished Products. |
|
|
|
|
No of Employees : |
249 (2013) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Netherlands |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Netherlands - ECONOMIC OVERVIEW
Netherlands is the sixth-largest economy
in the euro-zone and is noted for its stable industrial relations, moderate
unemployment and inflation, sizable trade surplus, and important role as a
European transportation hub. Industrial activity is predominantly in 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 the food-processing industry and for exports. 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 nationalized two banks and
injected billions of dollars of capital into other financial institutions, to
prevent further deterioration of a crucial sector. After 26 years of
uninterrupted economic growth, the Dutch economy - highly dependent on an
international financial sector and international trade - contracted by 3.5% in
2009. To recover, the government sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. 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, mainly reducing expenditures, which resulted
in an improved budget deficit in 2011. However, in 2012 tax revenues dropped,
GDP contracted, and the budget deficit deteriorated. In 2013, the government
budget deficit decreased to 3.3% of GDP due to increased government revenue
from higher taxes. However, spending on social benefits also increased, due to
a rise in unemployment benefits and payments for pensions. The high
unemployment rate and tax increases have contributed to continued decreases in
household disposable income, causing the Dutch economy to contract.
|
Source : CIA |
Summary
Company name Glencore Grain B.V.
Operative address Blaak 31
3011GA Rotterdam
Netherlands
Risk Average risk
Status Active
Specification This company can
meet all its obligations.
Legal form Besloten
Vennootschap (Private Company)
Registration number KvK-nummer:
24138640
VAT-number 005199542
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
108.268.439 |
-31,28 |
157.547.376 |
2.918,22 |
5.219.878 |
|
Total receivables |
1.972.365.361 |
-21,10 |
2.499.840.926 |
33,63 |
1.870.743.470 |
|
Total equity |
163.405.123 |
-4,56 |
171.207.373 |
7,11 |
159.845.427 |
|
Short term liabilities |
1.795.253.472 |
-34,03 |
2.721.252.181 |
32,84 |
2.048.534.642 |
|
Net result |
3.452.252 |
-72,93 |
12.754.283 |
25,83 |
10.136.023 |
|
Working capital |
347.689.806 |
1.070,62 |
29.701.381 |
-80,79 |
154.625.549 |
|
Quick ratio |
1,11 |
18,09 |
0,94 |
1,08 |
0,93 |
Contact
information
Company name Glencore Grain
B.V.
Trade names Glencore Grain
B.V.
Operative address Blaak 31
3011GA Rotterdam
Netherlands
Correspondence address Postbus 1120
3000BC Rotterdam
Netherlands
Telephone number 0104044400
Fax number 0104129635
Email address hr.rotterdam@glencore.com
Website www.glencore.com
Registration
Registration number KvK-nummer:
24138640
Branch number 000017838428
VAT-number 005199542
Status Active
Memorandum 1980-04-09
Establishment date 1980-04-09
Legal form Besloten
Vennootschap (Private Company)
Last proposed admendment 2006-02-24
Issued placed capital EUR 16.518.150
Paid up share capital EUR 16.518.150
Activities
SBI Wholesale of grain
(46211)
Wholesale of
ferrous metals and ferrous semi-finished products (46722)
Exporter Yes
Importer Yes
Branche organisations KVNR - Royal
Association of Dutch Shipowners
Goal Trading, including
futures, commission, agencies, import and export and
distribution for both its own behalf and on behalf of others, in all
goods, in particular in products, raw materials, fuels and semi-finished
Relations
Shareholders Finges
Investment B.V.
Blaak 31
3011GA ROTTERDAM
Netherlands
Registration number: 341194320000
Percentage: 100%
Companies on same address Amount: 170
Management
Active Management
C.J. Mahoney (Christopher John)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2005-08-31
Date of birth: 1959-01-02, Edmonton, GB
A.P. Hubmann (Andreas Peter)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2005-08-31
Date of birth: 1966-10-11, Bichelsee-Balterswil, CH
E.C.B. Mostert (Ernest Christian Barend)
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2006-05-01
Date of birth: 1964-08-18, Pretoria, ZA
Involved with the
following companies
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 244903130000
Function: Manager
Glencore Grain Rotterdam B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 241417980000
Function: Manager
A.F.S. van Hoorn (Adrianus Frederik Sébastian)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-17
Date of birth: 1976-12-24, Oud-Beijerland, NL
M.J. Pattenier (Michaëla Johanna)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2005-09-12
Date of birth: 1964-05-08, Schiedam, NL
Involved with the
following companies
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 244903130000
Function: Proxy
R. Jansen (Robert)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1960-12-31, Rotterdam, NL
F. Ketting (Ferry)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1966-08-18, Rotterdam, NL
R.J.D. Klein (Richard Jozef Daniel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1968-03-24, 's-Gravenhage, NL
S.M. Kosorog (Sylvie Marie-claire)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1964-04-02, Tonnerre, FR
A. Kouwenhoven (Arie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1959-07-21, Bergambacht, NL
Involved with the
following companies
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 244903130000
Function: Proxy
B. Kouwenhoven (Benny)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1965-11-16, Sneek, NL
M.S. Kubbe (Maarten Sebastiaan)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1972-09-20, Voorburg, NL
N.L.M. van den Meiracker (Nicolaas Leonardus Marie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1957-02-06, Rotterdam, NL
P.M. Mouthaan (Peter Mario)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1970-08-14, Bergen op Zoom, NL
A.B.J. Schrage (Antonius Bernardus Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1959-03-15, Rotterdam, NL
J. Wakker (Jeffrey)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2006-01-01
Date of birth: 1971-09-11, 's-Gravenhage, NL
A. de Veer (Abraham)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2010-07-19
Date of birth: 1967-06-15, Breda, NL
C. Both (Camiel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-09-01
Date of birth: 1978-08-23, Poortugaal, NL
D.A. Pickett (Daniel Anthony)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2011-11-15
Date of birth: 1984-09-19, Goole, GB
J. Gielisse (Jerry)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-06-11
Date of birth: 1979-06-08, Leidschendam, NL
C.R. Iles (Colin Richard)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2012-06-19
Date of birth: 1973-08-24, Rinteln, DE
E.J. Aubailly (Etienne Jean-François)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-01-23
Date of birth: 1970-08-14, Bourges, FR
Involved with the
following companies
BIOPETROL MARKETING B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 244903130000
Function: Proxy
O.A.M. Calvar (Olivier Andre Marie)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-22
Date of birth: 1971-05-09, Vannes, FR
J.D. Maw (James Daniel)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-07-22
Date of birth: 1963-07-06, Scarborough, GB
D.W. Johnson (Danial Wesley)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-15
Date of birth: 1980-05-09, Tamworth, AU
P.J. Tustin (Peter John)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-23
Date of birth: 1974-02-05, Geelong, AU
J. Hansen (Jimmy)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-10-23
Date of birth: 1979-09-09, Heusden, NL
C.G.W. Popowich (Chad George William)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-04
Date of birth: 1978-11-23, Regina, CA
C. Toral Oropesa (Cristobal)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2013-11-05
Date of birth: 1973-01-22, Madrid, ES
J. Barth (Johannes)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-14
Date of birth: 1980-11-02, Middelburg, NL
L.J. Dorrestein (Lucas James)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-02-24
Date of birth: 1985-07-03, Brighton, GB
F.A. Mardon (Francis Albert)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-05-05
Date of birth: 1972-10-16, Loches, FR
R. van Renswoude (Richard)
Netherlands
Competence: Limited authorization
Function: Proxy
Starting date: 2014-06-02
Date of birth: 1975-05-17, Rotterdam, NL
Employees
Total according to the Chamber of Commerce 0
Year 2014
2013 2012 2011 2010
Total 0
249 219 183 1
Payments
Description The payments are
regular
Year 2013 2012 2011 2010
2009
Quick ratio 1,11
0,94 0,93 0,95 1,17
Current ratio 1,19
1,01 1,08 1,06 1,36
Working capital/ balance total 0,15
0,01 0,07 0,06 0,27
Equity / balance total 0,07
0,06 0,07 0,06 0,27
Equity / Fixed assets 1,51
1,09 30,62 47,09 271,69
Equity / liabilities 0,08 0,06 0,08 0,06
0,37
Balance total / liabilities 1,08
1,06 1,08 1,06 1,37
Working capital 347.689.806
29.701.381 154.625.549 141.041.379 244.837.501
Equity 163.405.123
171.207.373 159.845.427 144.101.447
245.741.985
Mutation equity -4,56
7,11 10,93 -41,36 -36,57
Mutation short term liabilities -34,03
32,84 -15,30 260,19 -29,33
Return on total assets (ROA) 0,23
0,59 0,51 -14,59 8,48
Return on equity (ROE) 3,15
10,08 7,09 -259,41 31,64
Gross profit margin 0,22
0,44 0,73 -6,39 2,43
Net profit margin 0,03
0,11 0,11 -7,38 2,10
Average collection ratio 6,57
4,22 4,33 2,22 6,06
Average payment ratio 5,98
4,59 4,74 2,37 5,17
Equity turnover ratio 72,20
67,02 55,50 37,29 16,55
Total assets turnover ratio 5,24
3,95 4,02 2,10 4,43
Fixed assets turnover ratio 108,97
72,83 1.699,48 1.756,21
4.495,19
Inventory conversion ratio 83,12
57,12 29,10 19,85 31,17
Turnover 11.798.447.112
11.474.447.128 8.871.088.094 5.374.112.762 4.065.827.012
Gross margin 86.801.539
92.082.010 112.146.223 90.942.585
125.503.228
Operating result 26.476.688 50.704.868 64.630.960 -343.171.167
98.606.803
Net result after taxes 3.452.252
12.754.283 10.136.023 -396.466.165
85.204.752
EBIT 26.476.688
50.704.868 64.630.960 -343.171.167
98.606.803
Summary
The 2013 financial result structure is a positive working capital of
347.689.806 euro, which is in agreement with 15 % of the total assets of the
company.
The working capital has increased with 1070.62 % compared to previous
year. The ratio, with respect to the total assets of the company has however,
increased.
The improvement between 2012 and 2013 has mainly been caused by an
increase of the current assets.
The current ratio of the company in 2013 was 1.19. When the current
ratio is below 1.5, the company may have problems meeting its short-term
obligations.
The quick ratio in 2013 of the company was 1.11. A company with a Quick
Ratio of more than 1 can currently pay back its current liabilities.
The 2012 financial result structure is a positive working capital of
29.701.381 euro, which is in agreement with 1 % of the total assets of the
company.
The working capital has diminished with -80.79 % compared to previous
year. The ratio, with respect to the total assets of the company has however,
declined.
The deterioration between 2011 and 2012 has mainly been caused by an
increase of the current liabilities.
The current ratio of the company in 2012 was 1.01. When the current
ratio is below 1.5, the company may have problems meeting its short-term
obligations.
The quick ratio in 2012 of the company was 0.94. A company with a Quick
Ratio of less than 1 cannot currently pay back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The company is
obliged to file its financial statements.
Type of annual account Corporate
Annual account Glencore Grain B.V.
Blaak 31
3011GA Rotterdam
Netherlands
Registration number: 241386400000
Balance Sheet
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Tangible fixed
assets |
4.748.749 |
|
3.614.653 |
2.362.932 |
|
|
Financial
fixed assets |
103.519.689 |
157.547.376 |
1.605.224 |
697.136 |
904.484 |
|
Fixed assets |
108.268.439 |
157.547.376 |
5.219.878 |
3.060.068 |
904.484 |
|
Total stock |
141.941.125 |
200.892.079 |
304.822.626 |
270.761.778 |
130.458.107 |
|
Accounts receivable |
706.726.144 |
719.017.761 |
569.765.819 |
578.325.154 |
225.346.322 |
|
Other receivables |
1.265.639.217 |
1.780.823.165 |
1.300.977.651 |
1.685.208.033 |
560.362.889 |
|
Total
receivables |
1.972.365.361 |
2.499.840.926 |
1.870.743.470 |
2.263.533.187 |
785.709.211 |
|
Liquid funds |
28.636.793 |
50.220.557 |
27.594.095 |
25.331.019 |
152.020 |
|
Current
assets |
2.142.943.278 |
2.750.953.562 |
2.203.160.191 |
2.559.625.984 |
916.319.338 |
|
Total assets |
2.251.211.717 |
2.908.500.938 |
2.208.380.069 |
2.562.686.051 |
917.223.822 |
|
Issued
capital |
16.499.892 |
16.502.956 |
16.579.334 |
16.577.175 |
16.441.062 |
|
Other reserves |
146.905.232 |
154.704.417 |
143.266.093 |
127.524.271 |
229.300.923 |
|
Total
reserves |
146.905.232 |
154.704.417 |
143.266.093 |
127.524.271 |
229.300.923 |
|
Total equity |
163.405.123 |
171.207.373 |
159.845.427 |
144.101.447 |
245.741.985 |
|
Provisions |
--- |
16.041.383 |
---- |
---- |
---- |
|
Long term interest yielding debt |
292.553.122 |
---- |
---- |
---- |
---- |
|
Long term
liabilities |
292.553.122 |
---- |
---- |
---- |
---- |
|
Accounts payable |
120.301.649 |
145.954.985 |
113.846.509 |
95.816.552 |
72.749.529 |
|
Other short term liabilities |
1.674.951.823 |
2.575.297.197 |
1.934.688.133 |
2.322.768.053 |
598.732.308 |
|
Short term
liabilities |
1.795.253.472 |
2.721.252.181 |
2.048.534.642 |
2.418.584.605 |
671.481.837 |
|
Total short
and long term liabilities |
2.087.806.593 |
2.737.293.564 |
2.048.534.642 |
2.418.584.605 |
671.481.837 |
|
Total
liabilities |
2.251.211.717 |
2.908.500.938 |
2.208.380.069 |
2.562.686.051 |
917.223.822 |
Summary
The total assets of the company decreased with -22.6 % between 2012 and 2013.
This downturn is mainly retrievable in the fixed asset decrease of
-31.28 %.
Assets reduction is explained by a Net Worth decrease of -4.56 %, and an
indebtedness reduction of -23.73 %.
In 2013 the assets of the company were 4.81 % composed of fixed assets
and 95.19 % by current assets. The assets are being financed by an equity of
7.26 %, and total debt of 92.74 %.
The total assets of the company increased with 31.7 % between 2011 and
2012.
The total asset increase is retrievable in the fixed asset growth of
2918.22 %.
The asset growth has mainly been financed by a debt increase of 33.62 %.
The Net Worth, however, grew with 7.11 %.
In 2012 the assets of the company were 5.42 % composed of fixed assets
and 94.58 % by current assets. The assets are being financed by an equity of
5.89 %, and total debt of 94.11 %.
Profit & Loss
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Revenues |
11.798.447.112 |
11.474.447.128 |
8.871.088.094 |
5.374.112.762 |
4.065.827.012 |
|
Net turnover |
11.798.447.112 |
11.474.447.128 |
8.871.088.094 |
5.374.112.762 |
4.065.827.012 |
|
Gross margin |
86.801.539 |
92.082.010 |
112.146.223 |
90.942.585 |
125.503.228 |
|
Wages and salaries |
36.636.213 |
21.678.794 |
22.276.837 |
16.903.303 |
|
|
Sales |
11.711.645.572 |
11.382.365.118 |
8.758.941.871 |
5.283.170.177 |
26.896.425 |
|
other operating costs |
23.688.638 |
19.698.348 |
25.238.426 |
417.210.448 |
|
|
Operating expenses |
11.771.970.423 |
11.423.742.260 |
8.806.457.134 |
5.717.283.929 |
3.967.220.208 |
|
Operating
result |
26.476.688 |
50.704.868 |
64.630.960 |
-343.171.167 |
98.606.803 |
|
Financial income |
8.884.780 |
13.468.244 |
17.357.601 |
11.360.624 |
12.622.515 |
|
Financial expenses |
30.214.633 |
46.912.235 |
70.650.745 |
42.000.946 |
33.478.403 |
|
Financial result |
-21.329.853 |
-33.443.991 |
-53.293.144 |
-30.640.323 |
-20.855.888 |
|
Result on ordinary
operations before taxes |
5.146.835 |
17.260.877 |
11.337.816 |
-373.811.490 |
77.750.916 |
|
Taxation on the result of ordinary activities |
1.694.583 |
4.506.594 |
1.201.793 |
11.235.708 |
-10.571.287 |
|
Result of
ordinary activities after taxes |
3.452.252 |
12.754.283 |
10.136.023 |
-385.047.197 |
88.322.203 |
|
Result subsidiaries after taxes |
|
|
|
-11.418.968 |
-3.117.450 |
|
Net result |
3.452.252 |
12.754.283 |
10.136.023 |
-396.466.165 |
85.204.752 |
Summary
The turnover of the company grew with 2.82 % between 2012 and 2013.
The gross profit of the company decreased by -5.73 % between 2012 and
2013.
The operating result of the company declined with -47.78 % between 2012
and 2013. This evolution implies an decrease of the company's economic
profitability.
The result of these changes is a reduction of the company's Economic
Profitability of -61.02 % of the analysed period, being equal to 2012 % in the
year 2013.
Despite the decline the assets turnover increased by 32.66 % reaching
5.24.
The Net Result of the company increased by -72.93 % between 2012 and
2013.
The company's Financial Profitability has been positively affected by
the financial activities in comparison to the EBITs behaviour. The result of these
variations is a profitability increase of -68.75 % of the analysed period,
being 3.15 % in the year 2013.
The company's financial profitability has been positively affected by
its financial structure.
The turnover of the company grew with 29.35 % between 2011 and 2012.
The gross profit of the company decreased by -17.89 % between 2011 and
2012.
The operating result of the company declined with -21.55 % between 2011
and 2012. This evolution implies an decrease of the company's economic
profitability.
The result of these changes is an increase of the company's Economic
Profitability of 15.69 % of the analysed period, being equal to 2011 % in the
year 2012.
Despite the growth the assets turnover decreased, whose index evolved
with -1.74 % to a level of 3.95.
The Net Result of the company decreased by 25.83 % between 2011 and
2012.
The company's Financial Profitability has been negatively affected by
the financial activities in comparison to the EBITs behaviour. The result of
these variations is a profitability reduction of 42.17 % of the analysed
period, being 10.08 % in the year 2012.
The company's financial structure has slowed down its financial
profitability.
Analysis
Branch (SBI)
Wholesale trade (no motor vehicles and motorcycles) (46)
Region
Groot Rotterdam
In the Netherlands 109662 of the companies are registered with the SBI
code 46
In the region Groot Rotterdam 8969 of the companies are registered with
the SBI code 46
In the Netherlands 2387 of the bankrupcties are published within this
sector
In the region Groot Rotterdam 231 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 Groot Rotterdam is normal
Publications
Filings
20-05-2014: De jaarrekening over 2013 is gepubliceerd.
13-02-2014: De jaarrekening over 2012 is gepubliceerd.
10-02-2012: De jaarrekening over 2010 is gepubliceerd.
17-03-2011: De jaarrekening over 2009 is gepubliceerd.
03-03-2010: De jaarrekening over 2008 is gepubliceerd.
Functions
15-10-2014: Per 01-10-2014 is gevolmachtigde Theo Eymert Schipper uit functie
getreden.
15-10-2014: Per 01-10-2014 is gevolmachtigde Ronald Jozef Johanna de
Gelder uit functie getreden.
11-06-2014: Per 02-06-2014 is gevolmachtigde Richard van Renswoude in
functie getreden.
11-06-2014: Per 02-06-2014 is gevolmachtigde Margaretha den Otter uit
functie getreden.
04-06-2014: Per 02-06-2014 is gevolmachtigde Antonius Alfonsius Rabeling
uit functie getreden.
14-05-2014: Per 30-04-2014 is gevolmachtigde Wilhelmus Marinus van
Deurzen uit functie getreden.
14-05-2014: Per 05-05-2014 is gevolmachtigde Francis Albert Mardon in
functie getreden.
26-02-2014: Per 24-02-2014 is gevolmachtigde Lucas James Dorrestein in
functie getreden.
21-02-2014: Per 14-02-2014 is gevolmachtigde Johannes Barth in functie
getreden.
21-02-2014: Per 14-02-2014 is gevolmachtigde Thomas Theodorus Maria
Heijselaar uit functie getreden.
27-01-2014: Per 23-01-2014 is gevolmachtigde Etienne Jean-François
Aubailly in functie getreden.
13-11-2013: Per 05-11-2013 is gevolmachtigde Cristobal Toral Oropesa in
functie getreden.
13-11-2013: Per 04-11-2013 is gevolmachtigde Chad George William
Popowich in functie getreden.
31-10-2013: Per 23-10-2013 is gevolmachtigde Peter John Tustin in
functie getreden.
31-10-2013: Per 23-10-2013 is gevolmachtigde Jimmy Hansen in functie
getreden.
17-10-2013: Per 15-10-2013 is gevolmachtigde Danial Wesley Johnson in
functie getreden.
15-10-2013: Per 14-10-2013 is gevolmachtigde Peter Johannes Poort uit
functie getreden.
05-09-2013: Per 01-09-2013 is gevolmachtigde Manuel David Schöngüt uit
functie getreden.
14-08-2013: Per 22-07-2013 is gevolmachtigde James Daniel Maw in functie
getreden.
14-08-2013: Per 17-07-2013 is gevolmachtigde Adrianus Frederik Sébastian
van Hoorn in functie getreden.
30-07-2013: Per 22-07-2013 is gevolmachtigde Olivier Andre Marie Calvar
in functie getreden.
22-06-2012: Per 19-06-2012 is gevolmachtigde Colin Richard Iles in
functie getreden.
15-06-2012: Per 11-06-2012 is gevolmachtigde Jerry Gielisse in functie
getreden.
15-02-2012: Per 30-01-2012 is gevolmachtigde Ronald Burki uit functie
getreden.
16-11-2011: Per 15-11-2011 is gevolmachtigde Daniel Anthony Pickett in
functie getreden.
27-09-2011: Per 20-09-2011 is gevolmachtigde Mark Simon Allen uit
functie getreden.
08-09-2011: Per 01-09-2011 is gevolmachtigde Marc Webbers uit functie
getreden.
06-09-2011: Per 01-09-2011 is gevolmachtigde Camiel Both in functie
getreden.
24-03-2011: Per 24-03-2011 is gevolmachtigde Marc Webbers in functie
getreden.
25-01-2011: Per 25-01-2011 is gevolmachtigde Margaretha den Otter in
functie getreden.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.57 |
|
UK Pound |
1 |
Rs.99.67 |
|
Euro |
1 |
Rs.70.93 |
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.