|
Report No. : |
324170 |
|
Report Date : |
30.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
SHIVANI GEMS CVA |
|
|
|
|
Registered Office : |
Schupstraat 1-Bus 7, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
22.01.1982 |
|
|
|
|
Com. Reg. No.: |
422531406 |
|
|
|
|
Legal Form : |
Limited Partnership with Shares (BL/LX) |
|
|
|
|
LINE OF BUSINESS : |
SUBJECT
IS ENGAGED IN WHOLESALE OF DIAMONDS AND OTHER
PRECIOUS STONES |
|
|
|
|
No. of Employee : |
1 |
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 – 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 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 |
SHIVANI
GEMS CVA
|
Business number |
422531406 |
|
Branche Unit
Number |
2020938283 |
|
Company name |
SHIVANI GEMS CVA |
|
Address |
SCHUPSTRAAT 1-BUS 7 |
|
|
2018 ANTWERPEN |
|
Number of staff |
1 |
|
Date of
establishment |
22/01/1982 |
|
Telephone number |
0475610125 |
|
Fax number |
032325852 |
|
|
|
The business was established
over 33 years ago. The business has 1
employees.
The business has been at
the address for over 10 years.
Pre-tax profits increased by
34% compared to the previous trading
period.
The business saw a decrease
in their Cash Balance of 88% during
the latest trading period.
Turnover in the latest trading
period increased 34% on the previous
trading period.
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2013 |
32,894,211 |
61,149 |
3,522,465 |
6,062,052 |
|
31/12/2012 |
24,459,902 |
45,586 |
3,850,102 |
6,442,433 |
|
31/12/2011 |
26,262,430 |
39,761 |
2,568,887 |
5,308,828 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
17,294,901 |
1 |
3,203,050 |
89,234 |
|
31/12/2012 |
15,626,494 |
1 |
3,562,130 |
74,481 |
|
31/12/2011 |
10,573,290 |
1 |
2,318,700 |
58,711 |
|
Past payments |
|
Payment expectation
days |
75.40 |
|
Industry average
payment |
126.32 |
Industry average
day sales |
184.98 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
116.05 |
|
|
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
Business number |
422531406 |
Company name |
SHIVANI GEMS CVA |
|
Fax number |
032325852 |
Date founded |
22/01/1982 |
|
Company status |
active |
Company type |
Limited Partnership with |
|
|
|
|
shares (BL/LX) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
46761 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of diamonds and other
precious stones |
VAT Number |
BE.0422.531.406 Check VAT |
|
|
|
|
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 |
219 |
|
Description |
Joint committee for the
recognised controlling organismns |
|
category |
|
|
|
|
|
JIC Code |
324 |
|
Description |
Joint committee for the
industry and the trade in diamant |
|
category |
|
|
|
|
|
Significant Events |
|
|
Event Description |
|
|
Event Details |
Toekenninh van de 1824
nieuwe aandelen aan de vennootschap
Princess Gems & Gold Limited. |
|
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 |
374,537 |
-33.16 |
560,332 |
16.72 |
480,070 |
-2.27 |
491,201 |
-5.29 |
518,656 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
368,867 |
-19.69 |
459,288 |
-3.03 |
473,639 |
-2.34 |
484,981 |
-5.36 |
512,436 |
|
Land & building |
356,215 |
-16.83 |
428,302 |
-6.71 |
459,088 |
-2.31 |
469,962 |
-5.37 |
496,654 |
|
Plant & machinery |
294 |
-40.37 |
493 |
- |
- |
- |
- |
- |
- |
|
Furniture & Vehicles |
12,358 |
-59.47 |
30,493 |
109 |
14,551 |
-3.12 |
15,019 |
-4.83 |
15,782 |
|
Leasing & Other
Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
5,670 |
-94.39 |
101,044 |
1471 |
6,431 |
3.39 |
6,220 |
0 |
6,220 |
|
Total current assets |
16,920,364 |
12.31 |
15,066,162 |
49.27 |
10,093,220 |
-15.08 |
11,885,423 |
81.56 |
6,546,182 |
|
Inventories |
6,352,960 |
4.83 |
6,060,181 |
40.15 |
4,324,041 |
-4.96 |
4,549,819 |
19.61 |
3,803,853 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
6,352,960 |
4.83 |
6,060,181 |
40.15 |
4,324,041 |
-4.96 |
4,549,819 |
19.61 |
3,803,853 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
10,458,279 |
28.80 |
8,120,090 |
64.06 |
4,949,479 |
-24.87 |
6,587,863 |
224 |
2,029,299 |
|
Other amounts receivable |
29,200 |
-85.15 |
196,583 |
-67.42 |
603,459 |
-12.42 |
689,031 |
-0.46 |
692,187 |
|
Cash |
78,853 |
-88.54 |
688,153 |
220 |
214,838 |
265 |
58,710 |
186 |
20,512 |
|
Miscellaneous current assets |
1,072 |
-7.19 |
1,155 |
-17.62 |
1,402 |
- |
0 |
-100 |
331 |
|
Total Assets |
17,294,901 |
10.68 |
15,626,494 |
47.79 |
10,573,290 |
-14.57 |
12,376,624 |
75.19 |
7,064,838 |
|
LIABILITIES |
|
|
|
|
|
||||
|
Total shareholders equity |
3,522,465 |
-8.51 |
3,850,102 |
49.87 |
2,568,887 |
38.11 |
1,859,970 |
2.69 |
1,811,280 |
|
Issued share capital |
3,203,050 |
-10.08 |
3,562,130 |
53.63 |
2,318,700 |
234 |
694,102 |
0 |
694,102 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
319,415 |
10.92 |
287,972 |
15.10 |
250,187 |
-78.54 |
1,165,868 |
4.36 |
1,117,178 |
|
Provisions for Liabilities
& Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
13,772,436 |
16.95 |
11,776,391 |
47.12 |
8,004,403 |
-23.89 |
10,516,654 |
100 |
5,253,558 |
|
Other long term loans |
2,914,124 |
-7.57 |
3,152,662 |
-2.09 |
3,220,011 |
2.64 |
3,137,142 |
6.70 |
2,940,233 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
-100 |
1 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
2,914,124 |
-7.57 |
3,152,663 |
-2.09 |
3,220,011 |
2.64 |
3,137,142 |
6.70 |
2,940,233 |
|
Current portion of long
term debt |
18,861 |
-26.20 |
25,558 |
27.20 |
20,092 |
0.29 |
20,034 |
0 |
20,034 |
|
Financial debts |
3,906,799 |
7.98 |
3,618,114 |
133 |
1,546,345 |
0.45 |
1,539,360 |
1390 |
103,267 |
|
Trade creditors |
6,710,077 |
39.69 |
4,803,506 |
69.48 |
2,834,251 |
-47.14 |
5,361,475 |
181 |
1,903,465 |
|
Amounts Payable for Taxes, |
4,208 |
-4.34 |
4,399 |
-74.33 |
17,140 |
24.55 |
13,762 |
227 |
4,201 |
|
Remuneration & Social
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
218,367 |
26.85 |
172,152 |
-53.04 |
366,564 |
-17.60 |
444,881 |
57.56 |
282,358 |
|
Total current liabilities |
10,858,312 |
25.91 |
8,623,729 |
80.25 |
4,784,392 |
-35.17 |
7,379,512 |
219 |
2,313,325 |
|
Total Liabilities |
17,294,901 |
10.68 |
15,626,494 |
47.79 |
10,573,290 |
-14.57 |
12,376,624 |
75.19 |
7,064,838 |
|
RATIO ANALYSIS |
|
|
|
|
|
|
|||
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.19 |
0 |
0.19 |
26.67 |
0.15 |
-68.75 |
0.48 |
300 |
0.12 |
|
Return on capital employed |
0.95 |
46.15 |
0.65 |
-5.80 |
0.69 |
-34.91 |
1.06 |
1077 |
0.09 |
|
Return on total assets
employed |
0.35 |
20.69 |
0.29 |
-23.68 |
0.38 |
-11.63 |
0.43 |
616 |
0.06 |
|
Return on net assets
employed |
1.74 |
47.46 |
1.18 |
-23.87 |
1.55 |
-45.61 |
2.85 |
1040 |
0.25 |
|
Sales / net working
capital |
5.43 |
42.89 |
3.80 |
-23.23 |
4.95 |
101 |
2.46 |
173 |
0.90 |
|
Stock turnover ratio |
19.31 |
-22.07 |
24.78 |
50.55 |
16.46 |
-59.92 |
41.07 |
-58.98 |
100.11 |
|
Creditor days |
75.40 |
3.50 |
72.85 |
81.94 |
40.04 |
-78.01 |
182.06 |
-7.13 |
196.04 |
|
Debtor days |
116.05 |
-4.23 |
121.17 |
76.14 |
68.79 |
-68.30 |
217.03 |
11.34 |
194.93 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.56 |
-10.86 |
1.75 |
-17.06 |
2.11 |
31.06 |
1.61 |
-43.11 |
2.83 |
|
Liquidity ratio / acid
ratio |
0.97 |
-6.73 |
1.04 |
-14.05 |
1.21 |
22.22 |
0.99 |
-16.81 |
1.19 |
|
Current debt ratio |
3.08 |
37.50 |
2.24 |
20.43 |
1.86 |
-53.15 |
3.97 |
210 |
1.28 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
89,234 |
19.81 |
74,481 |
26.86 |
58,711 |
-27.09 |
80,530 |
73.62 |
46,383 |
|
Net worth |
3,522,465 |
-8.51 |
3,850,102 |
49.87 |
2,568,887 |
38.11 |
1,859,970 |
2.69 |
1,811,280 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
194.18 |
10.00 |
176.52 |
-5.26 |
186.32 |
-26.21 |
252.51 |
49.29 |
169.14 |
|
Equity in percentage |
20.37 |
-17.33 |
24.64 |
1.40 |
24.30 |
61.68 |
15.03 |
-41.38 |
25.64 |
|
Total debt ratio |
3.91 |
27.78 |
3.06 |
-1.92 |
3.12 |
-44.78 |
5.65 |
94.83 |
2.90 |
|
Working capital |
6,062,052 |
-5.90 |
6,442,433 |
21.35 |
5,308,828 |
17.82 |
4,505,911 |
6.45 |
4,232,857 |
|
PROFIT & LOSS |
|
|
|
|
|
|
|||
|
Operating Income |
32,924,696 |
34.44 |
24,489,862 |
-6.79 |
26,275,086 |
136 |
11,089,502 |
190 |
3,813,107 |
|
Turnover |
32,894,211 |
34.48 |
24,459,902 |
-6.86 |
26,262,430 |
137 |
11,079,264 |
191 |
3,799,805 |
|
Total operating expenses |
32,482,219 |
34.97 |
24,067,012 |
-6.84 |
25,835,248 |
140 |
10,749,133 |
203 |
3,544,019 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
32,512,704 |
34.92 |
24,096,972 |
-6.77 |
25,847,905 |
140 |
10,759,371 |
202 |
3,557,321 |
|
Employee costs |
28,853 |
-5.59 |
30,561 |
0.03 |
30,552 |
5.01 |
29,094 |
0.10 |
29,065 |
|
Wages and salary |
23,435 |
-5.75 |
24,865 |
-0.67 |
25,033 |
4.93 |
23,857 |
-0.17 |
23,897 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
4,937 |
-5.20 |
5,208 |
4.16 |
5,000 |
7.39 |
4,656 |
-2.02 |
4,752 |
|
Other employee costs |
482 |
-1.23 |
488 |
-5.97 |
519 |
-10.67 |
581 |
39.66 |
416 |
|
Director remuneration |
36,245 |
-5.17 |
38,223 |
-1.02 |
38,615 |
13.22 |
34,105 |
-1.12 |
34,493 |
|
Amortization and depreciation |
28,763 |
-9.66 |
31,840 |
2.11 |
31,183 |
-2.06 |
31,840 |
-23.90 |
41,841 |
|
Operating result |
411,992 |
4.86 |
392,890 |
-8.03 |
427,182 |
29.40 |
330,131 |
29.07 |
255,786 |
|
Total financial income |
14,031 |
2891 |
469 |
23350 |
2 |
-99 |
357 |
-90.45 |
3,740 |
|
Total financial expenses |
364,874 |
4.92 |
347,773 |
-10.23 |
387,422 |
39.62 |
277,480 |
8.80 |
255,036 |
|
Results on ordinary operations |
61,149 |
34.14 |
45,586 |
14.65 |
39,761 |
-24.99 |
53,008 |
1080 |
4,490 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
731 |
- |
- |
- |
- |
- |
350 |
|
Extraordinary Charges |
- |
- |
- |
- |
1,808 |
- |
- |
- |
- |
|
Extraordinary items |
0 |
-100 |
731 |
40.43 |
-1,808 |
- |
0 |
-100 |
350 |
|
Results for the Year
Before |
61,149 |
32.02 |
46,318 |
22.04 |
37,953 |
-28.40 |
53,008 |
995 |
4,840 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
678 |
-81.56 |
3,677 |
-64.73 |
10,425 |
141 |
4,318 |
1348 |
298 |
|
Results on ordinary
operations after taxation
|
60,471 |
44.29 |
41,909 |
42.86 |
29,336 |
-39.75 |
48,690 |
1061 |
4,192 |
|
Net result |
60,471 |
41.81 |
42,641 |
54.90 |
27,528 |
-43.46 |
48,690 |
971 |
4,542 |
|
Profit (Loss) for the
Year to be appropiated
|
60,471 |
41.81 |
42,641 |
54.90 |
27,528 |
-43.46 |
48,690 |
971 |
4,542 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social
Balance Sheet Details
|
|
|
|||||||
|
Social Balance
Sheet Details |
|
|
|
|
|
|
|
|
|
|
Social Balance
Sheet |
|
|
|
Total |
|
|
|
|
|
|
During the
reporting year |
|
|
|
|
|
|
|
|
|
|
ended 31-12-2013 |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
1 |
|
|
|
|
|
|
Part-time Employees |
|
|
|
- |
|
|
|
|
|
|
Total Fte
Employees |
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of
hours worked |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
1,915 |
|
|
|
|
|
|
Part-time Employees |
|
|
|
- |
|
|
|
|
|
|
Total |
|
|
|
1,915 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Personnel Charges |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
28,853 |
|
|
|
|
|
|
Part-time Employees |
|
|
|
- |
|
|
|
|
|
|
Total |
|
|
|
28,853 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefits In
Addition To Wages |
|
|
|
- |
|
|
|
|
|
|
During the previous
reporting year |
|
|
|
|
|
|
|
|
|
|
Average number
employees in Fte |
|
|
|
1 |
|
|
|
|
|
|
Actual working
hours |
|
|
|
1,930 |
|
|
|
|
|
|
Personnel Charges |
|
|
|
27,480 |
|
|
|
|
|
|
Benefits In Addition
To Wages |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
|
|
Part-Time |
|
|
Total Fte |
|
|
|
Unlimited Duration |
1 |
|
|
- |
|
|
1 |
|
|
|
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 |
- |
|
|
- |
|
|
- |
|
Higher
education (non university) |
- |
|
|
- |
|
|
- |
|
Higher
education (university) |
- |
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Women |
Full-Time |
|
|
Part-Time |
|
|
Total Fte |
|
Primary education |
- |
|
|
- |
|
|
- |
|
Secondairy education |
- |
|
|
- |
|
|
- |
|
Higher education
(non university) |
1 |
|
|
- |
|
|
1 |
|
Higher education
(university) |
- |
|
|
- |
|
|
- |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar
worker |
1 |
- |
1 |
|
Blue collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary personnel |
|
Total |
|
|
Average number
of temporary staf |
f |
- |
|
|
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 |
|
Suspension of
payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment expectations |
|
|
Payment
expectation days |
75.40 |
|
Day sales
outstanding |
116.05 |
|
|
|
|
Industry comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and
other precious stones |
|
Industry average payment expectation days |
126.32 |
|
Industry average
day sales outstanding |
184.98 |
Industry quartile
analysis Payment expectations
|
Company result |
75.40 |
|
Lower |
120.34 |
|
Median |
74.35 |
|
Upper |
45.68 |
|
Day sales
outstanding |
|
|
Company result |
116.05 |
|
Lower |
101.92 |
|
Median |
54.07 |
|
Upper |
24.31 |
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
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 |
there is no data for
this company
there is no data for
this company
there is no data for
this company
Current director
details
|
Name |
HIMANSHU MEHTA |
|
Position |
Principal Manager |
|
Start Date |
27/07/2010 |
|
Street |
213 MECHELSESTEENWEG ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
SHITAL SHAH |
|
Position |
Principal Manager |
|
Start Date |
27/07/2010 |
|
Street |
213 MECHELSESTEENWEG ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.76 |
|
|
1 |
Rs.97.80 |
|
Euro |
1 |
Rs.69.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.