MIRA INFORM REPORT

 

 

Report No. :

344353

Report Date :

08.10.2015

 

IDENTIFICATION DETAILS

 

Name :

A.  SCHULMAN  PLASTICS  BVBA

 

 

Registered Office :

Pedro Colomalaan 25 2880 Bornem

 

 

Country :

Belgium

 

 

Financials (as on) :

31.08.2014

 

 

Date of Incorporation :

11.12.1962

 

 

Com. Reg. No.:

402976206

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Other Plastic Products.

 

 

No. of Employees :

243 (2014)

 

 

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)

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


Company  summary

 

Business  number

402976206

Company  name

A.  SCHULMAN  PLASTICS  BVBA

Address

PEDRO  COLOMALAAN  25

 

2880 BORNEM

Number  of  staff

243

Date  of  establishment

11/12/1962

Telephone  number

038904211

Fax  number

038897110

 

 

Ultimate  holding  company

 

Company  name

Company  Number

A.  SCHULMAN  HOLDINGS  SARL

-

 

 

Commentary

 

The business was established over 52 years ago.

The business has 243 employees.

The business is part of a group.

The business has been at the address for over 9 years.

Net Worth increased by 97% during the latest trading period.

Pre-tax profits increased by 207% compared to the previous trading period.

Working Capital is a negative amount during the latest trading period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/08/2014

423,048,513

32,021,477

122,243,220

-1,593,115

31/08/2013

430,545,346

10,396,780

61,988,225

110,684,346

31/08/2012

418,373,930

2,906,681

125,478,896

-38,861,300

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/08/2014

644,936,244

243

45,100,000

28,288,062

31/08/2013

629,318,162

247

10,100,000

-60,710,605

31/08/2012

574,444,913

251

10,100,000

5,132,271

Court data summary

BANKRUPTCY DETAILS

Court action type                      no

PROTESTED BILLS

Bill amount                              -

NSSO DETAILS

Date of summons                     -

 

 

Company information

 

Business  number

402976206

Company  name

A.  SCHULMAN  PLASTICS

 

 

 

BVBA

Fax  number

038897110

Date  founded

11/12/1962

Company  status

active

Company  type

Private  Limited  Company (BL/LX)

Currency

Euro  (€)

Date  of  latest  accounts

31/08/2014

Activity  code

22290

Liable  for  VAT

yes

Activity  description

Manufacture  of  other  plastic products

VAT  Number

BE.0402.976.206  Check  VAT number

Belgian  Bullettin  of  Acts Publications

moniteur  belge

 

 

 

 

Contractor  details

 

Registered  contractor

-

number

 

Contractor  description

-

Date  struck  off  register

 

 

 

Personnel  (NSSO  classification)

 

Code

-

Description

-

 

 

Joint  Industrial  Committee  (JIC)

 

Event  Date

18/08/2014

Event  Description

 

Event  Details

The 14 582 new shares were allocated to the nations by Luxembourg law A. Schullman

 

 


Company  accounts

 

Assets

 

 

 

 

 

 

 

 

 

Annual  accounts

31-08-2014

%

31-08-2013

%

31-08-2012

%

31-08-2011

%

31-08-2010

Weeks

52

 

52

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

Total  fixed  assets

494,014,514

35.99

363,274,455

-20.68

457,993,288

1.47

451,374,870

0.68

448,316,422

Intangible  fixed  assets

2,607,554

7.19

2,432,619

-5.01

2,560,853

18.33

2,164,127

91.98

1,127,271

Tangible  fixed  assets

6,740,191

12.88

5,971,125

-10.37

6,661,719

-4.67

6,988,325

-9.55

7,725,917

Land  &  building

3,175,756

-8.21

3,459,626

-6.83

3,713,277

-2.66

3,814,684

-5.27

4,026,999

Plant  &  machinery

1,966,888

13.11

1,738,955

-11.88

1,973,295

-12.87

2,264,775

-28.30

3,158,829

Furniture  &  Vehicles

339,023

11.73

303,438

-18.04

370,243

60.83

230,206

-2.63

236,418

Leasing  &  Other  Similar

-

-

-

-

-

-

-

-

-

Rights

 

 

 

 

 

 

 

 

 

Other  tangible  assets

1,258,524

168

469,107

-22.45

604,904

-10.87

678,660

123

303,670

Financial  fixed  assets

484,666,769

36.58

354,870,711

-20.92

448,770,716

1.48

442,222,418

0.63

439,463,233

Total  current  assets

150,921,730

-43.27

266,043,707

128

116,451,625

-1.79

118,577,657

39.09

85,251,271

Inventories

33,935,487

-3.95

35,331,473

9.62

32,231,045

-6.31

34,400,655

21.56

28,299,776

Raw  materials  &

14,693,828

-11.68

16,637,243

26.78

13,122,526

-21.32

16,678,586

5.68

15,781,703

consumables

 

 

 

 

 

 

 

 

 

Work  in  progress

1,903,014

46.99

1,294,660

-38.72

2,112,677

1.88

2,073,721

63.86

1,265,522

Finished  goods

17,338,645

-0.35

17,399,569

2.38

16,995,841

8.61

15,648,348

39.06

11,252,551

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

44,488,873

-33.25

66,652,885

-15.01

78,427,221

9.81

71,419,644

42.50

50,118,196

Other  amounts  receivable

70,836,914

-56.35

162,293,211

4052

3,908,072

-61.51

10,153,690

204

3,338,507

Cash

1,207,215

12.02

1,077,656

-18.45

1,321,409

-40.08

2,205,416

-28.99

3,105,569

Miscellaneous  current

453,241

-34.17

688,482

22.10

563,878

41.59

398,251

2.32

389,223

assets

 

 

 

 

 

 

 

 

 

Total  Assets

644,936,244

2.48

629,318,162

9.55

574,444,913

0.79

569,952,527

6.82

533,567,693

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

124,850,774

93.80

64,420,844

-49.69

128,039,749

1.99

125,541,809

20.44

104,238,284

Issued  share  capital

45,100,000

346

10,100,000

0

10,100,000

0

10,100,000

0

10,100,000

Share  premium  account

-

-

-

-

-

-

-

-

-

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

79,750,774

46.81

54,320,844

-53.94

117,939,749

2.16

115,441,809

22.63

94,138,284

Provisions  for  Liabilities  &

1,403,757

-8.73

1,538,089

-21.22

1,952,371

27.37

1,532,813

-16.40

1,833,527

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

-

-

-

-

-

-

-

-

-

Creditors

518,681,713

-7.93

563,359,229

26.75

444,452,793

0.36

442,877,905

3.60

427,495,882

Other  long  term  loans

-

-

-

-

-

-

-

-

-

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

366,166,868

-10.25

407,999,868

41.11

289,139,868

0

289,139,868

0

289,139,868

Total  long  term  debts

367,570,625

-10.25

409,537,957

40.69

291,092,239

0.14

290,672,681

-0.10

290,973,395

Current  portion  of  long  term

-

-

-

-

-

-

-

-

-

debt

 

 

 

 

 

 

 

 

 

Financial  debts

85,022,356

-0.59

85,527,594

-2.90

88,086,423

3.56

85,062,311

-7.94

92,401,590

Trade  creditors

63,872,533

-2.75

65,681,640

2.24

64,242,520

-2.11

65,626,619

51.44

43,334,229

Amounts  Payable  for  Taxes,

3,619,956

-12.59

4,141,308

38.78

2,983,982

-2.14

3,049,107

24.95

2,440,183

Remuneration  &  Social

 

 

 

 

 

 

 

 

 

Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current

0

-100

8,819

-

0

-

0

-100

180,012

liabilities

 

 

 

 

 

 

 

 

 

Total  current  liabilities

152,514,845

-1.83

155,359,361

0.03

155,312,925

1.02

153,738,037

11.12

138,356,014

Total  Liabilities

644,936,244

2.48

629,318,162

9.55

574,444,913

0.79

569,952,527

6.82

533,567,693

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

7.57

214

2.41

249

0.69

-88.16

5.83

525

-1.11

Return  on  capital  employed

6.50

196

2.19

217

0.69

-86.55

5.13

684

-0.75

Return  on  total  assets

4.97

201

1.65

223

0.51

-86.36

3.74

680

-0.55

employed

 

 

 

 

 

 

 

 

 

Return  on  net  assets

25.65

58.92

16.14

611

2.27

-86.65

17.00

598

-2.84

employed

 

 

 

 

 

 

 

 

 

Sales  /  net  working  capital

-265.55

-6926

3.89

36.12

-10.77

-3.46

-10.41

-106

-5.04

Stock  turnover  ratio

8.02

-2.31

8.21

6.62

7.70

-18.09

9.40

-11.07

10.57

Creditor  days

58.09

-1.38

58.90

0.19

58.79

-13.30

67.81

9.94

61.68

Debtor  days

38.38

-32.08

56.51

-17.41

68.42

-3.96

71.24

4.26

68.33

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

0.99

-42.11

1.71

128

0.75

-2.60

0.77

24.19

0.62

Liquidity  ratio  /  acid  ratio

0.77

-48.32

1.49

175

0.54

-1.82

0.55

34.15

0.41

Current  debt  ratio

1.22

-49.38

2.41

99

1.21

-0.82

1.22

-8.27

1.33

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

28,288,062

46.59

-60,710,605

-1282

5,132,271

-78.21

23,549,356

3865

-609,270

Net  worth

122,243,220

97.20

61,988,225

-50.60

125,478,896

1.70

123,377,681

19.66

103,111,013

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

68.10

-48.70

132.76

92.97

68.80

1.53

67.76

-23.56

88.64

Equity  in  percentage

19.44

89.11

10.28

-54.09

22.39

1.27

22.11

12.92

19.58

Total  debt  ratio

4.17

-52.45

8.77

151

3.49

-1.41

3.54

-14.08

4.12

Working  capital

-1,593,115

-101

110,684,346

284

-38,861,300

-10.53

-35,160,380

66.21

-53,104,743

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

423,907,197

-1.63

430,909,868

2.02

422,366,782

13.14

373,312,300

37.33

271,831,359

Turnover

423,048,513

-1.74

430,545,346

2.91

418,373,930

14.34

365,900,889

36.68

267,714,791

Total  operating  expenses

401,346,159

-1.39

406,992,189

2.04

398,862,173

12.91

353,259,551

37.76

256,429,662

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

402,204,843

-1.26

407,356,711

1.12

402,855,024

11.70

360,670,962

38.43

260,546,229

Employee  costs

20,772,574

5.42

19,704,228

-5.52

20,855,892

0.66

20,718,710

13.05

18,326,554

Wages  and  salary

15,632,516

9.17

14,319,090

-5.55

15,161,266

0.19

15,133,086

15.43

13,109,915

Employee  pension  costs

264,611

-16.68

317,567

-8.43

346,791

7.79

321,735

0.48

320,188

Social  security  contributions

4,114,587

-4.08

4,289,780

-5.19

4,524,685

2.24

4,425,645

4.80

4,223,046

Other  employee  costs

760,860

-2.18

777,791

-5.51

823,151

-1.80

838,244

24.48

673,405

Director  remuneration

-

-

-

-

-

-

-

-

-

Amortization  and

2,882,294

-1.15

2,915,755

8.33

2,691,600

8.89

2,471,856

-5.30

2,610,142

depreciation

 

 

 

 

 

 

 

 

 

Operating  result

21,702,354

-7.86

23,553,157

20.71

19,511,757

54.35

12,641,338

12.02

11,285,130

Total  financial  income

32,149,793

350

7,141,317

73.25

4,122,089

-84.48

26,560,319

1554

1,605,210

Total  financial  expenses

21,830,670

7.55

20,297,693

-2.07

20,727,166

16.06

17,858,492

12.67

15,849,971

Results  on  ordinary operations  before  taxation

32,021,477

207

10,396,780

257

2,906,681

-86.38

21,343,166

721

-2,959,632

Extraordinary  Income

1,694

270

457

-

-

-

15,937

196

5,372

Extraordinary  Charges

4,008,041

-94.49

72,730,675

21875

330,958

24.57

265,675

3.04

257,847

Extraordinary  items

-4,006,347

5.51

-72,730,218

-21875

-330,958

-32.52

-249,737

98.92

-252,476

Results  for  the  Year  Before

28,015,130

44.94

-62,333,438

-2520

2,575,722

-87.79

21,093,428

656

-3,212,107

Taxation

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

2,609,362

101

1,292,921

857

135,052

747

15,928

118

7,304

Results  on  ordinary

29,412,115

223

9,103,859

228

2,771,629

-87.00

21,327,238

718

-2,966,936

operations  after  taxation

 

 

 

 

 

 

 

 

 

Net  result

25,405,768

39.93

-63,626,359

-2706

2,440,670

-88.42

21,077,501

654

-3,219,412

Profit  (Loss)  for  the  Year  to be  appropiated

25,405,768

39.93

-63,626,359

-2706

2,440,670

-88.42

21,077,501

654

-3,219,412

Dividends

-

-

-

-

-

-

-

-

80,375,000

 

 

Social BALANCE SHEET DETAILS

 

Social  Balance  Sheet

 

Total

 

During  the  reporting  year

 

 

 

ended  31-12-2013

 

 

 

Full-time  Employees

 

219

 

Part-time  Employees

 

23

 

Total  Fte  Employees

 

237

 

Number  of  hours  worked

 

 

 

Full-time  Employees

 

333,920

 

Part-time  Employees

 

27,008

 

Total

 

360,928

 

Personnel  Charges

 

 

 

Full-time  Employees

 

19,039,685

 

Part-time  Employees

 

1,468,278

 

Total

 

20,507,963

 

Benefits  In  Addition  To  Wages

 

273,435

 

During  the  previous  reporting  year

 

 

 

Average  number  employees  in  Fte

 

246

 

Actual  working  hours

 

372,750

 

Personnel  Charges

 

19,386,661

 

Benefits  In  Addition  To  Wages

 

282,830

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

212

21

229

Contracts

 

 

 

Limited  Duration  Contracts

14

-

14

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding

-

-

-

Substitution

 

 

 

 

 

Gender  and  Education

 

 

 

Level

 

 

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

132

10

140

Higher  education  (non university)

48

2

50

Higher  education (university)

19

-

19

 

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

-

-

-

Higher  education  (non university)

14

5

18

Higher  education (university)

13

4

16

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

104

11

113

Blue  collar  worker

122

10

130

Other

-

-

-

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

4

 

Actual  working  hours

 

7,417

 

Cost  of  temporary  staff

 

243,937

 

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

186

35

Number  of  training  hours

3,587

1,674

Net  costs  for  enterprise

205,765

114,559

Total  of  less  formal  and  informal  continuing  vocational

 

 

training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

164

10

Number  of  training  hours

3,144

420

Net  costs  for  enterprise

61,908

16,552

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

22290

Activity  description

Manufacture  of  other  plastic  products

 

 

Payment Information

 

Suspension  of  payments  /  moratorium  history

 

Amount

--

Details

--

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

Total  number  of  Invoices  paid  within  or  up  to  30  days  after  the  due  date

Total  number  of  Invoices  paid  more  than  30  days  after  the  due  date

Total  number  of  Invoices  currently  outstanding  where  the  due  date  has  not  yet  been  reached

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

 

 

Payment  expectations

 

 

 

Payment  expectation  days

58.09

Day  sales  outstanding

38.38

 

 

Industry  comparison

 

Activity  code

22290

Activity  description

Manufacture  of  other  plastic  products

industry  average  credit rating

50.56

Industry  average  credit  limit

76.71

 

 

Industry  Quartile  Analysis

 

Payment  expectations

 

Company  result

58.09

Lower

82.79

Median

59.22

Upper

42.30

 

Day  sales  outstanding

 

Company  result

38.38

Lower

62.41

Median

41.10

Upper

22.91

 

 

Shareholder  Details

 

Summary

 

Group  -  Number  of  Companies

12

Linkages  -  Number  of  Companies

30

Number  of  Countries

8

 

 

Group  Structure

 

Company  name

Number

Latest financials

- A.  SCHULMAN  HOLDINGS  SARL

 

 

- - A.  SCHULMAN  PLASTICS  BVBA

402976206

31-08-2014

- - - A.  SCHULMAN  BELGIUM  BVBA

474393049

31-08-2014

- - - A.  SCHULMAN  INTERNATIONAL  SERVICES  BVBA

457618878

31-08-2014

- - - A  SCHULMAN  NORDIC  AB  SOC.ETR.  E.P.B.

 

 

- - - A.  SCHULMAN  AG

CHE108131712

 

- - - A.  SCHULMAN  EUROPE  INTERNATIONAL  SOC.ETR...

 

 

- - - A.  SCHULMAN  PLASTICS  S.R.L.  SOC.ETR.  E.P...

 

 

- - - A.  SCHULMAN  POLSKA  SP.  ZO.O  SOC.ETR.  E.P...

 

 

- - - A.SCHULMAN  PLASTICS  INDIA  PRIVATE  LTD.  S...

 

 

- - - A.SCHULMAN  PLASTICS  S.R.O.  SOC.ETR.  E.P...

 

 

- - - A.SCHULMAN  PLASTIK  SANAYI  VE  TICARET  AS  ...

 

 

 

 

Minority Shareholders

 

No minority shareholders found

 

 

Minority Interests

 

No minority interests found

 

 

Linked Companies

 

Summary

 

Group  -  Number  of  Companies

12

Linkages  -  Number  of  Companies

30

Number  of  Countries

8

 

 

NAME

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

A.  SCHULMAN  HOLDINGS  (FRANCE)

499591527

31.08.2014

€1.293.485

A.SCHULMAN  HOLDING  COMPANY FRANCE

794678508

31.08.2014

-

 

 

 

 

A.  SCHULMAN  HOLDINGS  S.À.R.L.

B103028

31.08.2012

-

A.  SCHULMAN  SÀRL

B103433

31.08.2014

-

A.  SCHULMAN  GESELLSCHAFT  MIT

HRB  41765

31.08.2013

€482.351.895

BESCHRÄNKTER  HAFTUNG

 

 

 

A.  SCHULMAN  EUROPE

24272445

31.08.2014

-

INTERNATIONAL  B.V.

 

 

 

A.  SCHULMAN  'S-GRAVENDEEL  B.V.

23044775

31.08.2014

€52.978.000

A.  SCHULMAN  THERMOPLASTIC

01018237

31.08.2014

£31.540.709

COMPOUNDS  LIMITED

 

 

 

SOCIETE  A  SCHULMAN ELIAN

775686686

31.08.2014

€120.091.813

 

760200097

31.08.2013

€30.414.666

ICO  POLYMERS  FRANCE

311623284

31.08.2014

€31.290.085

A.  SCHULMAN  GAINSBOROUGH  LTD

03261137

31.08.2014

£30.827.000

A.SCHULMAN  L'ARBRESLE

399367986

31.08.2014

€6.397.117

A  SCHULMAN  PLASTICS

348649393

31.08.2014

€13.677.650

A.  SCHULMAN  INC.  LIMITED

00512225

31.08.2014

£49.899.000

DELTA  PLAST  GMBH

HRB  14868

31.08.2010

-

A.  SCHULMAN  EUROPE

HRB  78303

31.08.2014

€1.250

VERWALTUNGS  GMBH

 

 

 

A.  SCHULMAN  NORDIC  AB

5567249098

31.08.2014

189.550

 

 

 

KSEK

ADDVANZE  HOLDING  AB

5565763942

31.12.2014

-

DIFFUSION  PLASTIQUE

312911522

-

-

 

 

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

Principal  Manager

Start  Date

01/01/2012

Street

141 DORP  WEST  ZWIJNDRECHT

Post  code

2070

Country

Belgium

 

 

Name

TONY  LEON  FILIP  DAPONTE

Name

ISABEL  CASIMIRO

Position

Principal  Manager

Start  Date

24/10/2013

Street

 

Post  code

 

Country

Germany

 

 

Name

HEINRICH  LINGNAU

Position

Principal  Manager

Start  Date

20/03/2013

Street

28 ANTON  OCKENFELS  STRASSE

Post  code

50321

Country

Germany

 

 

Name

BERNARD  RZEPKA

Position

Principal  Manager

Start  Date

24/12/2012

Street

1 4594 N.  LARKSPUR  LANE

Post  code

44333

Country

United  States

 

 

Name

JOSEPH  M.  GINGO

Position

Principal  Manager

Start  Date

24/12/2012

Street

313 LAKE  POINT  DRIVE

Post  code

44333

Country

United  States

 

Former  director  details

 

Name

STEFAN  VAN  BORM

Position

Principal  Manager

Start  Date

20/03/2013

End  Date

24/10/2013

Street

18 HOEK  BOOM

Post  code

2850

Country

Belgium

 

 

Name

WALTER  BELDERBOS

Position

Principal  Manager

Start  Date

30/08/2006

End  Date

03/02/2010

Date  of  birth

07/12/1957

Street

9 VAN  WEERDEWEG  GRIMBERGEN

Post  code

1850

Country

Belgium

 

 

Name

FRANS  ALEXANDER  MARGARETA  STEENSSENS

Position

Principal  Manager

Start  Date

30/08/2006

End  Date

16/01/2012

Date  of  birth

28/09/1958

Street

113 KLOOSTERSTRAAT  BORNEM

Post  code

2880

Country

Belgium

 

 

Name

PETRUS  JOHANNES  MARIA  SPEEK

Position

Principal  Manager

Start  Date

26/08/2010

End  Date

Unknown  date

Street

 

Post  code

 

Country

The  Netherlands

 

 

Name

JACK  BOYD  TAYLOR

Position

Principal  Manager

Start  Date

28/12/2009

End  Date

12/12/2008

Street

 

Post  code

 

Country

United  Kingdom

 

 

Name

PAUL  DE  SANTIS

Position

Principal  Manager

Start  Date

01/01/2008

End  Date

28/02/2011

Street

5763 BANAVIE  CT

Post  code

43017

Country

United  States

 

 

Name

FRANS  STEENSSENS

Position

Principal  Manager

Start  Date

30/08/2006

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

JOHN  B.  JASINSKY,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

PAUL  C.  ROBERTS.,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

ALAN  N.  OCKENE,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

JAMES  S.  MARLEN,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

JAMES  A.  KARMAN,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

WILLARD.R  HOLLAND,

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

 

Name

GORDON  ELLIOET  PEGGY

Position

Director

Start  Date

19/09/2003

End  Date

Unknown  date

Street

 

Post  code

 

Country

 

 

Former  mandates  in  other  companies

 

Name

A  Schulman  in  vereffening  NV

Business  number

402975216

Position

Liquidator

Start  Date

13/07/2006

End  Date

Unknown  date

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.26

UK Pound

1

Rs.99.53

Euro

1

Rs.73.47

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

VNT

 

               

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.