MIRA INFORM REPORT

 

 

Report No. :

349711

Report Date :

23.11.2015

 

IDENTIFICATION DETAILS

 

Name :

BOMERS ENGINEERING

 

 

Registered Office :

Rutgerinkdijk 10 7161EX Neede

 

 

Country :

Netherlands

 

 

Date of Incorporation :

01.02.2012

 

 

Com. Reg. No.:

54557836

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Repair and maintenance of machinery for general use and machine parts (no tools)

 

 

No. of Employee :

1

 

 

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 :

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)

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

 

The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and moderate unemployment. Industry focuses on 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 food-processing and underpins the country’s status as the world’s second largest agricultural exporter. The Netherlands is part of the Eurozone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 90% of banking assets. The sector suffered as a result of the global financial crisis and required billions of dollars of government support, but the European Banking Authority completed stringent reviews in 2014 and deemed Dutch banks to be well-capitalized. To address the 2009 and 2010 economic downturns, the government sought to stimulate the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credits. 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 has since implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. As a result, the government budget deficit at the end of 2014 dropped to 1.8% of GDP. Following a protracted recession during which unemployment doubled to 7.4% and household consumption contracted for nearly three consecutive years, the year 2014 saw fragile GDP growth of 0.8 percent and a rise in most economic indicators. Drivers of growth included increased exports and business investments, as well as newly invigorated household consumption.

 

Source : CIA

Summary

 

Company name                        Bomers Engineering

Operative address                    Rutgerinkdijk 10

7161EX Neede

Netherlands

Legal form                               Eenmanszaak

Registration number                KvK-nummer: 54557836

 

 

Contact information

 

Company name                        Bomers Engineering

Trade names                            Bomers Engineering

Operative address                    Rutgerinkdijk 10

7161EX Neede

Netherlands

Correspondence address         Rutgerinkdijk 10

7161EX Neede

Netherlands

Telephone number                   0545286746

 

 

Registration

 

Registration number                KvK-nummer: 54557836

Branch number                        000024310433

Status                                      Active

Establishment date                  2012-02-01

Legal form                               Eenmanszaak

 

 

Activities

 

SBI                                           33121: Repair and maintenance of machinery for general use and machine parts (no tools)

Exporter                                   No

Importer                                   No

Goal                                         Machine onderhoud

 

 

Management

 

Active management                  B.H.G. Bomers Bertel Hendrikus Gerhardus

Rutgerinkdijk 10

7161EX Neede

Netherlands

Function: Owner

Starting date: 2012-02-01

Date of birth: 1970-06-20, Neede, NL

Involved with the following companies:

 

Bomers Engineering B.V.

Ballastweg 26

7151JC EIBERGEN

Netherlands

Registration number: 08132485

Insolvency: Default

Function: General Director

 

 

Employees

 

Total according to the Chamber of Commerce 1

Year                                         2015                 2014                 2012

Total                                         1                      1                      1

 

 

 

 

Payments

 

Description                              Overeenkomstig conditie

 

 

Financial statement

 

Remark annual account            There is no financial data published

 

 

Analysis

 

Branch                                     (SBI) Repair and installation of machinery and equipment (SBI code 33)

Region                                     Achterhoek

Summary                                 In the Netherlands 5864 of the companies are registered with the SBI code 33

In the region Achterhoek 158 of the companies are registered with the SBI code 33

In the Netherlands 72 of the bankrupcties 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 Achterhoek is normal

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs. 66.09

UK Pound

1

Rs. 101.04

Euro

1

Rs. 70.86

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

TRU

 

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.