MIRA INFORM REPORT

 

 

Report No. :

349306

Report Date :

17.11.2015

 

IDENTIFICATION DETAILS

 

Name :

NLMK PLATE SALES SA

 

 

Registered Office :

Rue  Du  Long  Trî  67, 7170 Manage

 

 

Country :

Belgium

 

 

Date of Incorporation :

31.12.2014

 

 

Com. Reg. No.:

507853693

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Wholesale of Metals and Metal Ores.

 

 

No. of Employees :

Not Available

 

 

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)

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 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 a 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

 


Company summary

 

Business  Number

507853693

Branche  Unit  Number

2239693970

Company  Name

NLMK  PLATE  SALES  SA

Address

Rue  Du  Long  Trî  67, 7170 Manage

Date  of  Establishment

31/12/2014

Telephone  Number

-

Fax  Number

-

 

 

Commentary

 

The business was established over 10 months ago.

Newly established businesses are proven to be more of an insolvency risk than more established businesses.

No employees are recorded for this business.

The business is part of a group.

This business has a foreign parent business.

The business has been at the address for over 10 months.

 

 

Accounts

 

No key financials registered

 

 

Payment expectations

 

Past  payments

 

Payment  expectation  days

--

Industry  average  payment

54.47

Industry  average  day  sales

397

expectation  days

 

outstanding

 

Day  sales  outstanding

--

 

 

 

 

Court data summary

 

BANKRUPTCY DETAILS

Court action type                       No

 

PROTESTED BILLS

Bill amount                                -

 

NSSO DETAILS

Date of summons                      

 

 

Company information

 

Business  Number

507853693

Company  Name

NLMK  PLATE  SALES  SA

Fax  Number

-

Date  Founded

31/12/2014

Company  Status

active

Company  Type

Public  limited  company

Currency

Euro  (€)

Date  Of  Latest  Accounts

-

Activity  Code

46720

Liable  For  VAT

Yes

Activity  Description

Wholesale  of  metals  and metal  ores

Vat  Number

BE.0507.853.693  Check  VAT Number

Belgian  Bullettin  Of  Acts

moniteur  belge

 

 

 

 

Joint Industrial Committee (JIC)

 

Significant Events

Event Date                   27/04/2015

Event Description

Event Details                Dépôt d'un procès-verbal d'assemblée générale spéciale.

 

 

Company accounts

 

Annual Accounts

There is no data for this company.

 

 

Industry comparison

 

Activity  code

46720

Activity  description

Wholesale  of  metals  and metal  ores

 

 

Industry comparison

 

Activity  code

46720

Activity  description

Wholesale  of  metals  and metal  ores

Industry  average  payment

expectation  days

54.47

Industry  average  day  sales outstanding

397

 

INDUSTRY QUARTILE ANALYSIS

 

Payment  Expectations

 

Company  result

--

Lower

52.62

Median

33.29

Upper

20

 

 

Day Sales Outstanding

 

Company  result

--

Lower

89.75

Median

64.38

Upper

38.55

 

 

Shareholder Details

 

Summary

 

Group  -  Number  of  Companies

7

Linkages  -  Number  of  Companies

2

Number  of  Countries

2

 

 

Group  Structure

 

 

 

Company  Name

Number

Latest Financials

 

 

 

- NLMK  BELGIUM  HOLDINGS  SA

473110669

31-12-2014

- - NLMK  LA  LOUVIERE  SA

417374172

31-12-2014

- - - EUROPEENNE  D'OXYCOUPAGE  SA

421130745

 

- - - LA  STEPHANOISE  DE  LAMINAGE  SA

427487116

31-12-2014

- - - TUBES  DE  HAREN  ET  NIMY  SA

405746149

31-12-2014

- - - - DUCALE  DE  RÉASSURANCES

 

 

- - NLMK  PLATE  SALES  SA

507853693

 

 


 

Minority  Shareholders

 

Business Number

Company  name

%

Date  of Accounts

 

 

 

 

461296861

NLMK  CLABECQ  SA

1

31/12/2014

 

 

Minority  Interests

 

No  minority  interests  found

 

Companies  that  match  this  address

 

Business  number

 

Company  name

Date  of  accounts

472634676

NLMK  MANAGE  STEEL  CENTER  SA

31/12/2014

870003490

NLMK  SALES  EUROPE  SA

31/12/2014

 

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

 

 

Director details

 

CURRENT DIRECTOR DETAILS

 

Position

Managing  Director

Start  Date

31/12/2014

Country

Denmark

 

 

Name

IGOR  SARKITS

Position

Director

Start  Date

31/12/2014

Country

Denmark

 

 

Name

Renaud  Witmeur

Position

Director

Start  Date

04/03/2015

 

 

Name

Florence Vanderthommen

Position

Director

Start  Date

04/03/2015

 

 

Name

Marc  Bianchi

Position

Director

Start  Date

04/03/2015

 

 

Name

Yury  Tarasov

Position

Director

Start  Date

31/12/2014

Street

123 AVENUE  FRANKLIN  ROOSEVELT  BRUXELLES

Post  code

1050

Country

Belgium

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.17

UK Pound

1

Rs.100.65

Euro

1

Rs.70.97

 

 

INFORMATION DETAILS

 

Analysis Done by :

KIN

 

 

Report Prepared by :

TPT

 

               

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.