|
Report No. : |
352477 |
|
Report Date : |
30.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
POT EN MAND B.V. |
|
|
|
|
Registered Office : |
Pietseweg 13a, 4751RT Oud Gastel |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
30.11.1992 |
|
|
|
|
Com. Reg. No.: |
24285514 |
|
|
|
|
Legal Form : |
Private company with regular structure |
|
|
|
|
Line of Business : |
|
|
|
|
|
Employees: |
17 |
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 – 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 |
|
Company name |
Pot en Mand B.V. |
|
Operative address |
Pietseweg 13a |
|
|
4751RT Oud Gastel |
|
|
Netherlands |
|
Status |
Active |
|
Legal form |
Private company with regular structure |
|
Registration number |
24285514 |
|
VAT-number |
806933379 |
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
923.025 |
|
1.150.083 |
|
936.026 |
|
|
|
-19,74 |
|
22,87 |
|
|
Total receivables |
1.944.312 |
|
2.380.238 |
|
2.052.803 |
|
|
|
-18,31 |
|
15,95 |
|
|
Total equity |
4.629.957 |
|
4.363.128 |
|
4.478.611 |
|
|
|
6,12 |
|
-2,58 |
|
|
Short term liabilities |
2.048.948 |
|
2.468.069 |
|
1.973.020 |
|
|
|
-16,98 |
|
25,09 |
|
|
Net result |
266.830 |
|
170.508 |
|
662.845 |
|
|
|
56,49 |
|
-74,28 |
|
|
Working capital |
3.807.032 |
|
3.437.919 |
|
3.796.714 |
|
|
|
10,74 |
|
-9,45 |
|
|
Quick ratio |
1,18 |
15,69 |
1,02 |
-23,88 |
1,34 |
|
Company name |
Pot en Mand B.V. |
|
Trade names |
Pot en Mand B.V. |
|
Operative address |
Pietseweg 13a |
|
|
4751RT Oud Gastel |
|
|
Netherlands |
|
Correspondence address |
Pietseweg 13a |
|
|
4751RT Oud Gastel |
|
|
Netherlands |
|
Telephone number |
0165517000 |
|
Fax number |
0165517017 |
|
Email address |
info@ptmd.nl |
|
Website |
www.ptmd.nl |
|
Registration number |
24285514 |
|
Branch number |
000016592530 |
|
VAT-number |
806933379 |
|
Status |
Active |
|
First registration company register |
1998-06-25 |
|
Memorandum |
1998-05-29 |
|
Establishment date |
1992-11-30 |
|
Legal form |
Private company with regular structure |
|
Legal person since |
1998-05-29 |
|
Issued placed capital |
EUR 18.151 |
|
Paid up share capital |
EUR 18.151 |
|
SBI |
4622: Wholesale of flowers and plants |
|
|
46441: Wholesale of glassware, china and pottery |
|
Exporter |
Yes |
|
Importer |
Yes |
|
Branche organisations |
Nederlandse Thuiswinkel Organisatie |
|
Goal |
Operation of a wholesale business, including import and export in pots,
baskets, dekoratiematerialen, flowers and plants. |
|
|
Shareholders Pot en Mand Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel
Netherlands
Registration number:
24241844
Percentage: 100%
Companies on same
address Pot en Mand Beheer B.V.
Registration number: 24241844
Active management Pot en Mand Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel Netherlands
Registration number: 24241844
Competence: Fully authorized
Function: Manager
Starting
date: 1998-05-29
J.B. van Opdorp Johannes Baptist
Netherlands
Competence: Fully authorized
Function: Manager
Starting date: 1998-05-29
Date of birth: 1964-05-18, Rotterdam, NL
Involved with the following companies:
Pot en Mand Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel Netherlands
Registration number: 24241844
Function: Manager
G. van der Dussen Gideon
Netherlands
Competence: Fully authorized
Function: Manager
Starting date: 2000-01-13
Date of birth: 1970-09-25, Capelle aan den
IJssel, NL
Involved with the following companies:
Pot en Mand Beheer B.V.
Pietseweg 13a
4751RT Oud Gastel Netherlands
Registration number: 24241844
Function: Manager
|
Year |
2015 |
2013 |
2012 |
2011 |
2010 |
|
Total |
17 |
92 |
97 |
87 |
81 |
|
Description |
Payments made under No Complanits condition |
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
1,18 |
1,02 |
1,34 |
1,07 |
0,92 |
|
Current ratio |
2,86 |
2,39 |
2,92 |
2,60 |
2,23 |
|
Working capital/ balance
total |
0,56 |
0,49 |
0,57 |
0,54 |
0,48 |
|
Equity / balance
total |
0,68 |
0,62 |
0,67 |
0,65 |
0,59 |
|
Equity / Fixed
assets |
5,02 |
3,79 |
4,78 |
4,97 |
4,56 |
|
Equity / liabilities |
2,15 |
1,62 |
2,01 |
1,84 |
1,43 |
|
Balance total /
liabilities |
3,15 |
2,62 |
3,01 |
2,84 |
2,43 |
|
Working capital |
3.807.032 |
3.437.919 |
3.796.714 |
3.153.308 |
2.970.272 |
|
Equity |
4.629.957 |
4.363.128 |
4.478.611 |
3.815.766 |
3.640.842 |
|
Mutation equity |
6,12 |
-2,58 |
17,37 |
4,80 |
4,45 |
|
Mutation short term
liabilities |
-16,98 |
25,09 |
0,17 |
-18,43 |
-21,45 |
|
Return on total
assets (ROA) |
4,88 |
3,02 |
13,25 |
3,60 |
3,19 |
|
Return on equity
(ROE) |
7,15 |
4,89 |
19,84 |
5,57 |
5,42 |
|
Gross margin |
8.503.985 |
8.986.717 |
8.701.512 |
7.656.274 |
8.261.304 |
|
Operating result |
320.377 |
269.421 |
910.067 |
353.237 |
270.091 |
|
Net result after
taxes |
266.830 |
170.508 |
662.845 |
174.924 |
155.036 |
|
Cashflow |
657.296 |
512.914 |
923.335 |
429.011 |
361.928 |
|
EBIT |
320.377 |
269.421 |
910.067 |
353.237 |
270.091 |
|
EBITDA |
710.843 |
611.827 |
1.170.557 |
607.324 |
476.983 |
Summary The 2013 financial
result structure is a postive working captial of 3.807.032 euro, which is in
agreement with 56 % of the total assets of the company.
The working capital has increased with 10.74
% 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
2.86. A company with a current ratio between
1.5 and 3.0 generally indicates good
short-term financial strength.
The quick ratio in 2013 of the company was
1.18. A company with a Quick Ratio of more than 1 can currently pay back its
current liabilities.
The 2012 financial result structure is a
postive working captial of 3.437.919 euro, which is in agreement with 49 % of
the total assets of the company.
The working capital has diminished with
-9.45 % 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
2.39. A company with a current ratio between 1.5 and 3.0 generally indicates
good short-term financial strength.
The quick ratio in 2012 of the company was
1.02. A company with a Quick Ratio of more
than 1 can currently pay back its current
liabilities.
|
Last annual account |
2013 |
|
Remark annual account |
The company is obliged to file its financial statements. |
|
Type of annual account |
Corporate |
|
Annual account |
Pot en Mand B.V. |
Pietseweg 13a
4751RT Oud Gastel Netherlands
Registration number: 24285514
|
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 |
883.109 |
1.120.313 |
905.546 |
736.523 |
767.268 |
|
Financial fixed assets |
39.916 |
29.770 |
30.480 |
30.966 |
31.686 |
|
Fixed assets |
923.025 |
1.1 50.083 |
936.026 |
767.489 |
798.954 |
|
Total stock |
3.445.759 |
3.380.442 |
3.119.035 |
3.021.087 |
3.175.089 |
|
Accounts receivable |
|
|
1.175.782 |
1.068.269 |
1.369.779 |
|
Other receivables |
|
|
877.021 |
651.380 |
628.584 |
|
Total receivables |
1.944.312 |
2.380.238 |
2.052.803 |
1.719.649 |
1.998.363 |
|
Liquid funds |
465.909 |
145.308 |
597.896 |
382.296 |
211.522 |
|
Current assets |
5.855.980 |
5.905.988 |
5.769.734 |
5.123.032 |
5.384.974 |
|
Total assets |
6.779.005 |
7.056.071 |
6.705.760 |
5.890.521 |
6.183.928 |
|
Issued capital |
18.151 |
18.151 |
18.151 |
18.151 |
18.151 |
|
Other reserves |
4.611.806 |
4.344.977 |
4.460.460 |
3.797.615 |
3.622.691 |
|
Total reserves |
4.611.806 |
4.344.977 |
4.460.460 |
3.797.615 |
3.622.691 |
|
Total equity |
4.629.957 |
4.363.128 |
4.478.611 |
3.815.766 |
3.640.842 |
|
Provisions |
46.495 |
52.514 |
121.152 |
69.029 |
73.111 |
|
Long term interest
yielding debt |
53.605 |
172.360 |
132.977 |
36.002 |
55.273 |
|
Long term liabilities |
53.605 |
172.360 |
132.977 |
36.002 |
55.273 |
|
Short term liabilities |
2.048.948 |
2.468.069 |
1.973.020 |
1.969.724 |
2.414.702 |
|
Total short and
long term liabilities |
2.149.048 |
2.692.943 |
2.227.149 |
2.074.755 |
2.543.086 |
|
Total liabilities |
6.779.005 |
7.056.071 |
6.705.760 |
5.890.521 |
6.183.928 |
Summary The
total assets of the company decreased with -3.93 % between 2012 and 2013.
This downturn is mainly retrievable in the fixed
asset decrease of -19.74 %. The asset reduction is in contrast with the equity
growth of 6.12 %. Due to this the total debt decreased with -20.2 %.
In 2013 the assets of the company were 13.62
% composed of fixed assets and 86.38 % by current assets. The assets are being
financed by an equity of 68.3 %, and total debt of 31.7 %.
The total assets of the company increased
with 5.22 % between 2011 and 2012. The total asset increase is retrievable in
the fixed asset growth of 22.87 %. Asset growth is in contrasts with the net
worth decline of -2.58 %. The company's indebtedness has, therefore, increased
with 20.91 %.
In 2012 the assets of the company were 16.3
% composed of fixed assets and 83.7 % by current assets. The assets are being
financed by an equity of 61.84 %, and total debt of 38.16 %.
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Gross margin |
8.503.985 |
8.986.717 |
8.701.512 |
7.656.274 |
8.261.304 |
|
Wages and salaries |
4.996.311 |
3.996.916 |
3.577.983 |
3.215.732 |
3.306.495 |
|
Amorization and depreciation |
390.466 |
342.406 |
260.490 |
254.087 |
206.892 |
|
other operating costs |
2.796.831 |
4.377.974 |
3.952.972 |
3.833.218 |
4.477.826 |
|
Operating expenses |
8.183.608 |
8.717.296 |
7.791.445 |
7.303.037 |
7.991.213 |
|
Result in subsidiaries |
10.146 |
-710 |
-486 |
-720 |
-3.924 |
|
Operating result |
320.377 |
269.421 |
910.067 |
353.237 |
270.091 |
|
Financial expenses |
|
|
21.248 |
|
|
|
Financial result |
477 |
-55.390 |
-21.248 |
-140.165 |
-68.955 |
|
Result on ordinary
operations before taxes |
331.000 |
213.321 |
888.333 |
212.352 |
197.212 |
|
Taxation on the
result of ordinary
activities |
64.170 |
42.813 |
225.488 |
37.428 |
42.176 |
|
Result of ordinary
activities after taxes |
266.830 |
170.508 |
662.845 |
174.924 |
155.036 |
|
Net result |
266.830 |
170.508 |
662.845 |
174.924 |
155.036 |
Summary The
gross profit of the company decreased by -5.37 % between 2012 and 2013.
The operating result of the company grew
with 18.91 % between 2012 and 2013. This evolution implies an increase of the
company's economic profitability. The result of these changes is an increase of
the company's Economic Profitability of 61.59 % of the analysed period, being
equal to 4.88 in the year 2013.
The Net Result of the company increased by
56.49 % 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 46.22 % of the
analysed period, being 7.15 in the year 2013.
The
company's financial structure has slowed down its financial profitability.
The gross profit of the company grew with
3.28 % between 2011 and 2012. The operating result of the company declined with
-70.4 % between 2011 and 2012. 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 -77.21 % of the analysed period, being
equal to 3.02 in the year 2012.
The Net Result of the company decreased by
-74.28 % 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
-75.35 % of the analysed period, being 4.89 in the year 2012.
The company's
financial profitability has been positively affected by its financial structure.
|
Branch (SBI) |
Wholesale trade (no motor vehicles and motorcycles) (SBI code 46) |
|
Region |
West-Brabant |
|
Summary |
In the Netherlands 109662 of the companies are registered with the SBI
code 46 |
In the region West-Brabant 4857 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 West-Brabant 119 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 West-Brabant is normal
Deposits 04-02-2015: De jaarrekening
over 2013 is gepubliceerd.
05-02-2014: De jaarrekening over 2012 is
gepubliceerd.
08-04-2013: De jaarrekening over 2011 is
gepubliceerd.
20-02-2012: De jaarrekening over 2010 is
gepubliceerd.
24-02-2011: De jaarrekening over 2009 is
gepubliceerd.
|
Relations |
4 |
|
Company |
Registration |
|
|
number |
|
Pot en Mand
Beheer B.V. (Oud
Gastel) |
24241844 |
|
| - -
Pot en Mand
B.V. (Oud Gastel) |
24285514 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.55 |
|
|
1 |
Rs.100.68 |
|
Euro |
1 |
Rs.70.88 |
|
Euro |
1 |
Rs.70.77 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
SANS |
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.