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Report No. : |
349415 |
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Report Date : |
18.11.2015 |
IDENTIFICATION DETAILS
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Name : |
INELTEC SĀRL |
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Registered Office : |
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Country : |
Luxembourg |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
07.07.2006 |
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Legal Form : |
Limited liability company (SARL) |
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Line of Business : |
Whole of functions from the engineering to the
responsibility of construction, transfer, control of the equipment and
installation of system of injection POLYURETHANE and components: mixing
heads, repais of pumps high pressure, injection machines of polyurethane
foam, continuous and discontinuous lines, spare parts of all brands, mold
carrier. |
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No. of Employees : |
2 |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limits : |
EUR 2.500 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Luxembourg |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
LUXEMBOURG - ECONOMIC OVERVIEW
This small, stable, high-income economy has historically featured solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, machinery and equipment, rubber, automotive components, and other products. The financial sector, which accounts for about 36% of GDP, is the leading sector in the economy. The economy depends on foreign and cross-border workers for about 39% of its labor force. Luxembourg experienced uneven economic growth in the aftermath of the global economic crisis that began in late 2008. Luxembourg's GDP contracted 3.6% in 2009, rebounded in 2010-12, fell again in 2013, but recovered in 2014. Unemployment has remained below the EU average despite having increased from a historically-low rate of 4% in the 2000s to 7% in 2014. The country continues to enjoy an extraordinarily high standard of living - GDP per capita ranks among the highest in the world and is the highest in the euro zone. Luxembourg has one of the highest current account surpluses as a share of GDP in the euro zone, and it maintains a healthy budgetary position and the lowest public debt levels in the region. Luxembourg has lost some of its advantage as a favorable tax location because of OECD and EU pressure. In 2015 the governments compliance with EU requirements to implement automatic exchange of tax information on savings accounts - thus ending banking secrecy - has depressed banking activity and dampened GDP growth. Likewise, changes to the way EU members collect taxes from e-Commerce has cut Luxembourgs tax revenues, requiring the government to raise additional levies and to reduce some direct social benefits.
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Source
: CIA |
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Company
name |
Ineltec Sārl |
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Credit
limit |
EUR
2.500 |
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Status |
Acitve |
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Company
name |
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Trading
name |
Ineltec Sārl |
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Operative
address |
7-9, Rue du Commerce 3450 Dudelange Luxembourg |
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Correspondence
address |
7-9, Rue du Commerce 3450 Dudelange Luxembourg |
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Telephone
number |
+352 26552046 |
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Fax
number |
+352 26552026 |
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Email
address |
ineltec@ineltec-plast.com |
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Website |
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Registration
number |
Luxembourg B 117.726 |
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Fiscal
number |
2006/2424/975 |
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VAT-number |
Unknown |
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Status |
Active |
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Establishment
date |
07.07.2006 |
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Legal
form |
Société ā responsabilité limitée
(SARL) |
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Subscribed
share capital |
EUR
12.500 |
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Whole of functions from the engineering to the
responsibility of construction, transfer, control of the equipment and
installation of system of injection POLYURETHANE and components: mixing
heads, repais of pumps high pressure, injection machines of polyurethane
foam, continuous and discontinuous lines, spare parts of all brands, mold
carrier.
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Shareholders |
1621
Luxembourg, 24, Rue des Genęts |
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Branches |
2269 Luxembourg, 10, Rue Jean Origer |
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Management |
Francesco Zito, born 10.12.1950 1621 Luxembourg, 24, Rue des Genęts born 10.12.1950 |
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Year |
2015 |
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2 |
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BGL
BNP Paribas SA |
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Slow |
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According own statement Aelsion Investissements SA is no longer the
shareholder. The new shareholder was not (yet) given. According own statement Francesco Zito recently resigned as
director. The new director name was not (yet) given. |
Balance
sheet
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Type of account: |
Annual report |
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Balance
sheet ratios
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.65.98 |
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UK Pound |
1 |
Rs.100.11 |
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Euro |
1 |
Rs.70.35 |
INFORMATION DETAILS
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Analysis Done by
: |
HEE |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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This score serves as a reference to assess SCs
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.