MIRA
INFORM REPORT
|
Report No. : |
344942 |
|
Report Date : |
19.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
MOTIVALS NEGOCIOS SL |
|
|
|
|
Registered Office : |
Av/ |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2009 |
|
|
|
|
Date of Incorporation : |
25.06.2008 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale
of clothing and footwear |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Insolvent |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
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) |
|
Spain |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
After experiencing a prolonged recession in the wake of the global financial crisis that began in 2008, in 2014 Spain marked the first full year of positive economic growth in seven years, largely due to increased private consumption. At the onset of the global financial crisis Spain's GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. In 2013 the government successfully shored up struggling banks - exposed to the collapse of Spain's depressed real estate and construction sectors - and in January 2014 completed an EU-funded restructuring and recapitalization program.
Until 2014, credit contraction in the private sector, fiscal austerity, and high unemployment weighed on domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 23.7% in 2014. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to just under 7% of GDP in 2013-14, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to more than 97% in 2014.
Exports were resilient throughout the economic downturn and helped to bring Spain's current account into surplus in 2013 for the first time since 1986, where it remained in 2014. Rising labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have helped to improve foreign investor interest in the economy and positive FDI flows have been restored.
The government's efforts to implement labor, pension, health, tax, and education reforms - aimed at supporting investor sentiment - have become overshadowed by political activity in 2015 in anticipation of the national parliamentary elections in November. Spain’s 2015 budget, published in September 2014, rolls back some recently imposed taxes in advance of the elections and leaves untouched the country’s value-added tax (VAT) regime, which continues to generate significantly lower revenue than the EU average. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and despite the recent uptic in economic activity, inflation has dropped sharply, from 1.5% in 2013 to nearly flat in 2014.
|
Source
: CIA |
EXECUTIVE SUMMARY
|
Name: |
MOTIVALS NEGOCIOS SL |
|
NIF / Fiscal code: |
B98054125 |
|
Status: |
CREDITORS MEETING |
|
Incorporation Date: |
25/06/2008 |
|
Register Data |
Register Section 8 Sheet 133538 |
|
Last Publication in
BORME: |
16/01/2015 [Insolvency status.] |
|
Last Published Account Deposit: |
2009 |
|
Share Capital: |
3.006 |
|
|
|
|
Localization: |
AV/ DEL TEXTIL, 63 - APARTADO DE CORREOS 862. - ONTINYENT -
46870 - VALENCIA |
|
|
|
|
Activity: |
|
|
NACE: |
4642 - Wholesale of clothing and footwear |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
No |
|
Tenders and Awards: |
|
|
Subsidies: |
0 for a total cost of 0 |
|
Quality Certificate: |
No |
Defaults,
Legal Claims and Insolvency Proceedings :
|
|
|
Number |
Amount (€) |
Most Recent Entry |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
1 |
--- |
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
|
3 |
1.855,68 |
--- |
|
Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions,
Bad Debt) |
|
1 |
0 |
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
|
Partners: |
|
|
|
Shares: |
0 |
|
|
Other Links: |
1 |
|
|
No. of Active Corporate Bodies: |
|
|
|
Ratios |
2009 |
2008 |
Change |
|
|
|
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
|
|
|
|
|
|
Investigation Result: NEGATIVE |
|
|
The procedures performed have not allowed for confirmation of
the holder's address. After carrying out the habitual procedures in order to
elaborate this report, we shall inform you that: At first place, in the
provided address, since one year ago, the head office of the firm GRAMAGE
HOGAR, S.L is located, whose responsible affirmed that he does not know
anything about the requested company. We can tell that the owner of requested
corporation presented n abridged voluntary state of insolvency in 07-03-2014,
in the Trade Court Nº 2 of Valencia. In light of the above, we do not know
the present situation of the corporation, though we do recommend act with
lots of prudence in case of having to take any commercial risk with it. |
|
Identification
|
Social Denomination: |
MOTIVALS
NEGOCIOS SL |
|
NIF / Fiscal code: |
B98054125 |
|
Corporate Status: |
CREDITORS
MEETING |
|
Start of activity: |
2008 |
|
Registered Office: |
AV/ DEL TEXTIL,
63 - APARTADO DE CORREOS 862. |
|
Locality: |
ONTINYENT |
|
Province: |
VALENCIA |
|
Postal Code: |
46870 |
Branch Offices
--
Activity
|
NACE: |
4642 |
|
Legal Form: |
PURCHASE, SALE
AND INTERMEDIATION OF ALL KINDS OF RURAL AND URBAN ESTATES, ITS PROMOTION AND
CONSTRUCTION OF ALL KINDS OF BUILDINGS, ITS REHABILITATION, SALE OR
NON-FINANCIAL RENT. |
|
Import / export: |
DOES NOT
IMPORT / DOES NOT EXPORT |
Chronological Summary
|
Year |
Act |
|
2008 |
Appointments/ Re-elections (1) Company Formation (1) |
|
2009 |
Accounts deposit (year 2008) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) Change of Social address (2) |
|
2010 |
Accounts deposit (year 2009) Appointments/ Re-elections (1) |
|
2012 |
Cessations/ Resignations/ Reversals (1) |
|
2013 |
Appointments/ Re-elections (1) |
|
2014 |
Banckruptcy (4) |
|
2015 |
Appointments/ Re-elections (1) Banckruptcy (1) |
Breakdown of Owners' Equity
|
Registered Capital: |
3.006 |
|
Paid up capital: |
3.006 |
Updated Evolution of the Subscribed and
Paid-in Capital
|
Publishing Date |
Registration Type |
Capital Subscribed |
Paid up capital |
Underwritten
result |
Disbursed Result |
|
11/07/2008 |
Company Formation |
3.006 |
3.006 |
3.006 |
3.006 |
Active Social Bodies
|
Post published |
Social Body's Name |
Appointment Date |
Other Positions in
this Company |
|
BANKRUPTCY
ADMINISTRATOR |
SORIANO GARCIA ASOCIADOS
CONCURSAL SLP |
08/01/2015 |
1 |
|
ACCOUNTS' AUDITOR
/ HOLDER |
CEGEM AUDITORES Y
CONSULTORES SL |
08/03/2013 |
1 |
Historical Social Bodies
|
Social Body's Name |
Post published |
End Date |
Other Positions in
this Company |
|
APARICI FERRI
JOAQUIN |
SINGLE
ADMINISTRATOR |
08/01/2015 |
1 |
|
BELDA ALEIXANDRE
ADRIAN |
JOINT MANAGER |
16/03/2009 |
1 |
|
CERDA SANJUAN
RAMON |
JOINT MANAGER |
16/03/2009 |
1 |
|
FERRI SOLER LINA |
PROXY |
30/01/2012 |
1 |
Defaults, Legal Claims and Insolvency
Proceedings
Section enabling
assessment of the degree of compliance of the company queried with its payment
obligations. It provides information on the existence and nature of all stages
of Insolvency and Legal Proceedings published with reference to the Company in
the country's various Official Bulletins and national newspapers, as well
Defaults Registered in the main national credit bureaus (ASNEF Industrial and
RAI ).
> Summary
Chronological
summary
|
|
|
Number of Publications |
Amount (_) |
Start date |
End date |
|
Insolvency Proceedings,
Bankruptcy and Suspension of Payments |
|
1 |
--- |
--- |
--- |
|
Request/Declaration |
|
1 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults on debt with
Financial Institutions and Large Companies |
Bank and Commercial
Delinquency |
3 |
0 |
04/12/2013 |
16/10/2015 |
|
Status: Friendly |
|
--- |
|
|
|
|
Status: Pre-Litigation |
|
--- |
|
|
|
|
Status: Litigation |
|
--- |
|
|
|
|
Status: Non-performing |
|
--- |
|
|
|
|
Status: insolvency
proceedings, bankruptcy and suspension of payments |
|
3 |
1855.68 |
04/12/2013 |
18/02/2014 |
|
Other status |
|
--- |
|
|
|
|
Legal and Administrative
Proceedings |
|
1 |
--- |
10/03/2011 |
10/03/2011 |
|
Notices of defaults and
enforcement |
|
--- |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations of insolvency and
bad debt |
|
--- |
--- |
|
--- |
|
Proceedings heard by the Civil
Court |
|
Unpublished |
--- |
|
|
|
Proceedings heard by the
Labour Court |
|
Unpublished |
--- |
|
|
> Details
IMPAGOS EN ENTIDADES FINANCIERAS
Y GRANDES EMPRESAS
Section comprising a
list of the instances of default recorded in the ASNEF Industrial file under
the name of .
|
The debtor has contract defaults under insolvency or analogous proceedings registered with ASNEF Empresas for an amount of 1.855,68euros. This situation is due to the impossibility to meet its enforceable obligations regularly. The total unpaid amount registered with ASNEF Empresas is the maximum one among all of this debtor's reported defaults available. Indicate that the total unpaid amount involve contracts with the financial system. Highlight that the Company has payment defaults older than twelve months. |
List of current instances of
default for each of the transactions in progress
|
Type of creditor |
Product |
Value of transactions (_) |
Status |
No. of defaults |
Default balance (_) |
Date of first default |
Date of last default |
|
ESTABLECIMIENTOS FINANCIEROS
DE CREDITO |
Leasing, factoring, renting,
confirming |
--- |
Concurso, quiebra y suspensión
de pagos |
1 |
618.56 |
04/12/13 |
04/12/13 |
|
ESTABLECIMIENTOS FINANCIEROS
DE CREDITO |
Leasing, factoring, renting,
confirming |
--- |
Concurso, quiebra y suspensión
de pagos |
1 |
618.56 |
07/01/14 |
07/01/14 |
|
ESTABLECIMIENTOS FINANCIEROS
DE CREDITO |
Leasing, factoring, renting,
confirming |
--- |
Concurso, quiebra y suspensión
de pagos |
1 |
618.56 |
18/02/14 |
18/02/14 |
|
|
|
1.855,68 |
|
|
|
||
> Basis for scoring
|
Positive Factors |
Adverse Factors |
|
|
A Declaration of
Insolvency Proceedings or a similar declaration has been published in the
Official Gazettes due to inability to meet enforceable obligations regularly.
The Insolvency proceedings open with a period of intervention in the entity's
administration that involves managing the assets and determining the list of
creditors and credits, and will conclude with the Arrangement/Entity's
Liquidation phase. It has been found
to have irregular payment performance at the credit bureaus and has not paid
all of its debts in a timely manner. There are no links
to micro-enterprises or SMEs. It is in a
Development stage. It has scarce experience in the Sector, characterized by
not having yet achieved a strong market position. It has failed to
comply with its obligation to submit its annual accounts,and said information
has expired. This behaviour indicates lack of transparency towards the
market. |
Probability of default
> Estimated Probability of Default for the next 12
months: 100 %
|
Sector in which comparison is
carried out: 464 Wholesale of
household goods |
|
|
Relative Position:
|
The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a worse position with regard to the probability of non-compliance.
The 1.00% of the companies of the sector MOTIVALS NEGOCIOS SL belongs to shows a lower probability of non-compliance.
Our internal register a 100% default probability for the company. In this case, the seriousness of the loss will depend on factors such as the promptness of collection actions, the existence of executive documents that support the credit or the existence of guarantees or assets free of debt under the debtor's name. Therefore, the probability of default should not only be interpreted as the total loss of the owed amount.
Result of query submitted to the R.A.I. (Spanish Bad Debt Register) on
LEGAL CLAIMS
Summary of Judicial Claims
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No se han
publicado |
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No se han publicado
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No se han
publicado |
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No se han
publicado |
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No se han
publicado |
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No se han
publicado |
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No se han
publicado |
|
PROCEDURES OF CONTEST, BANKRUPTCY
AND BANKRUPTCY PROTECTION
1 Incidence for a total cost of 0,00 E
Incidences
Detailed
Incidences
with the Tax Agency
|
|
|
Last Published Stage: |
SEIZURE |
|
Record Number: |
1099216294403 |
|
Amount of the incidence: |
0,00 E |
|
Requested by: |
HACIENDA PUBLICA |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nº66, 2011 PAGINA 29092 |
Legal
Proceedings (Bankruptcy Law 22/2003)
|
|
|
Last Published Stage: |
STATEMENT OF VOLUNTARY CONTEST |
|
Record Number: |
89/14 |
|
Amount of the incidence: |
0,00 E |
|
Published domicile: |
AVDA DEL TEXTIL Nº 63;
ONTINYENT (VALENCIA) |
|
Source: |
B.O.E. Nº223, 2014 PAGINA
42844 |
Guarantees
References
Link List
|
HAS IN ITS ADMINISTRATION BOARD TO: |
1 Entities |
> Other relationships
|
Relationship |
Entity |
Province |
Shareholding stake |
|
HAS IN ITS ADMINISTRATION BOARD TO |
SORIANO GARCIA ASOCIADOS CONCURSAL SOCIEDAD LIMITADA
PROFESIONAL |
VALENCIA |
|
Turnover
|
Total Sales |
337.801,66 |
The sales data is from the latest available financial
statements. Failing that, are estimates data calculated by statistical methods.
Financial Accounts and Balance Sheets
Financial Years Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2009 |
Normales |
September 2010 |
|
2008 |
Normales |
October 2009 |
The data in the report regarding the last Company Accounts
submitted by the company is taken from the TRADE REGISTER serving the region in
which the company's address is located 31/12/2009
> Balance
en formato Abreviado de acuerdo al Nuevo Plan General Contable 2007
Information corresponding to the fiscal year
2009 2008 is taken from information submitted to the TRADE REGISTER.
Data corresponding to fiscal years before 2009 2008 has been
compiled based on the equivalence criteria stipulated in Act JUS/206/2009.
Where the provisions of the Act did not establish relevant equivalence
criteria. To view details on the methodology.
|
|
ORIGINAL |
ORIGINAL |
|
|
Assets |
2009 |
2008 |
|
|
A) NON-CURRENT ASSETS:
11000 |
43.094,00 |
0,00 |
|
|
I.
Intangible fixed assets : 11100 |
0,00 |
0,00 |
|
|
II.
Tangible fixed assets : 11200 |
43.094,00 |
0,00 |
|
|
III. Real
estate investment: 11300 |
0,00 |
0,00 |
|
|
IV.
Long-term investments in Group companies and associates : 11400 |
0,00 |
0,00 |
|
|
V.
Long-term financial investments: 11500 |
0,00 |
0,00 |
|
|
VI. Assets
for deferred tax : 11600 |
0,00 |
0,00 |
|
|
VII.
Non-current trade debtors : 11700 |
0,00 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
502.438,00 |
3.006,00 |
|
|
I.
Non-current assets held for sale : 12100 |
0,00 |
0,00 |
|
|
II.
Stocks: 12200 |
98.794,00 |
0,00 |
|
|
III.
Trade debtors and others receivable accounts: 12300 |
359.672,00 |
0,00 |
|
|
1.- Customers for sales and provisions of services :
12380 |
359.672,00 |
0,00 |
|
|
a) Long-term receivables from sales and
services supplied : 12381 |
0,00 |
0,00 |
|
|
b) Customers for sales and provisions of
services : 12382 |
359.672,00 |
0,00 |
|
|
2.- Called up share capital : 12370 |
0,00 |
0,00 |
|
|
3.- Other accounts receivable : 12390 |
0,00 |
0,00 |
|
|
IV.
Short-term investments in Group companies and associates: 12400 |
0,00 |
0,00 |
|
|
V.
Short-term financial investments : 12500 |
0,00 |
0,00 |
|
|
VI.
Short-term accruals: 12600 |
0,00 |
0,00 |
|
|
VII. Cash
and other equivalent liquid assets : 12700 |
43.972,00 |
3.006,00 |
|
|
TOTAL ASSETS (A + B) :
10000 |
545.532,00 |
3.006,00 |
|
|
|
ORIGINAL |
ORIGINAL |
|
|
Liabilities and Net
Worth |
2009 |
2008 |
|
|
A) NET WORTH: 20000 |
33.423,00 |
3.006,00 |
|
|
A1)
Shareholders' equity : 21000 |
33.423,00 |
3.006,00 |
|
|
I. Capital: 21100 |
3.006,00 |
3.006,00 |
|
|
1.- Registered capital: 21110 |
3.006,00 |
3.006,00 |
|
|
2.- (Uncalled capital) : 21120 |
0,00 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
0,00 |
|
|
III. Reserves: 21300 |
0,00 |
0,00 |
|
|
IV. (Common stock equity): 21400 |
0,00 |
0,00 |
|
|
V. Profit or loss brought forward: 21500 |
0,00 |
0,00 |
|
|
VI. Other shareholders' contributions: 21600 |
0,00 |
0,00 |
|
|
VII. Result of the period: 21700 |
30.417,00 |
0,00 |
|
|
VIII. (Interim dividend): 21800 |
0,00 |
0,00 |
|
|
IX. Other net worth instruments: 21900 |
0,00 |
0,00 |
|
|
A-2) Adjustments
due to changes in value: 22000 |
0,00 |
0,00 |
|
|
A-3)
Received subsidies, donations and legacies: 23000 |
0,00 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES:
31000 |
249.386,00 |
0,00 |
|
|
I.
Long-term provisions: 31100 |
0,00 |
0,00 |
|
|
II.
Long-term creditors : 31200 |
247.386,00 |
0,00 |
|
|
1.- Amounts owed to credit institutions: 31220 |
21.186,00 |
0,00 |
|
|
2.- Creditors from financial leasing : 31230 |
0,00 |
0,00 |
|
|
3.- Other long-term creditors : 31290 |
226.200,00 |
0,00 |
|
|
III.
Long-term debts with Group companies and associates: 31300 |
0,00 |
0,00 |
|
|
IV.
Liabilities for deferred tax: 31400 |
2.000,00 |
0,00 |
|
|
V.
Long-term accruals: 31500 |
0,00 |
0,00 |
|
|
VI.
Non-current trade creditors : 31600 |
0,00 |
0,00 |
|
|
VII.
Special long-term debts : 31700 |
0,00 |
0,00 |
|
|
C) CURRENT LIABILITIES :
32000 |
262.722,00 |
0,00 |
|
|
I.
Liabilities linked to non-current assets held for sale : 32100 |
0,00 |
0,00 |
|
|
II.
Short-term provisions: 32200 |
0,00 |
0,00 |
|
|
III.
Short-term creditors : 32300 |
200.701,00 |
0,00 |
|
|
1.- Amounts owed to credit institutions: 32320 |
200.397,00 |
0,00 |
|
|
2.- Creditors from financial leasing : 32330 |
0,00 |
0,00 |
|
|
3.- Other short-term creditors : 32390 |
304,00 |
0,00 |
|
|
IV. Short-term
debts with Group companies and associates: 32400 |
0,00 |
0,00 |
|
|
V. Trade
creditors and other accounts payable: 32500 |
62.021,00 |
0,00 |
|
|
1.- Suppliers: 32580 |
218,00 |
0,00 |
|
|
a) Long-term debts : 32581 |
0,00 |
0,00 |
|
|
b) Short-term debts : 32582 |
218,00 |
0,00 |
|
|
2.- Other creditors : 32590 |
61.802,00 |
0,00 |
|
|
VI.
Short-term accruals: 32600 |
0,00 |
0,00 |
|
|
VII.
Special short-term debts : 32700 |
0,00 |
0,00 |
|
|
TOTAL NET WORTH AND
LIABILITIES (A + B + C) : 30000 |
545.532,00 |
3.006,00 |
|
\
|
|
ORIGINAL |
ORIGINAL |
|
|
Profit and Loss |
2009 |
2008 |
|
|
1. Net
turnover: 40100 |
337.802,00 |
0,00 |
|
|
2.
Changes in stocks of finished goods and work in progress: 40200 |
0,00 |
0,00 |
|
|
3. Works
carried out by the company for its assets: 40300 |
0,00 |
0,00 |
|
|
4.
Supplies : 40400 |
-189.634,00 |
0,00 |
|
|
5. Other
operating income: 40500 |
0,00 |
0,00 |
|
|
6.
Personnel costs: 40600 |
-38.806,00 |
0,00 |
|
|
7. Other
operating costs: 40700 |
-74.196,00 |
0,00 |
|
|
8.
Amortisation of fixed assets: 40800 |
-1.652,00 |
0,00 |
|
|
9.
Allocation of subsidies of non-financial fixed assets and other: 40900 |
0,00 |
0,00 |
|
|
10.
Excess provisions : 41000 |
0,00 |
0,00 |
|
|
11. Impairment
and result of transfers of fixed assets: 41100 |
0,00 |
0,00 |
|
|
12.
Negative difference in combined businesses: 41200 |
0,00 |
0,00 |
|
|
13. Other
results : 41300 |
0,00 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3
+ 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) : 49100 |
33.513,00 |
0,00 |
|
|
14.
Financial income : 41400 |
1,00 |
0,00 |
|
|
a) Allocation of financial subsidies, donations and legacies:
41430 |
0,00 |
0,00 |
|
|
b) Other financial income: 41490 |
1,00 |
0,00 |
|
|
15.
Financial expenditure: 41500 |
-903,00 |
0,00 |
|
|
16.
Changes in fair value of financial instruments : 41600 |
0,00 |
0,00 |
|
|
17.
Exchange rate differences : 41700 |
0,00 |
0,00 |
|
|
18.
Impairment and result for transfers of financial instruments: 41800 |
0,00 |
0,00 |
|
|
19. Other
financial income and expenditure: 42100 |
0,00 |
0,00 |
|
|
a) Incorporation of financial expenditure to assets:
42110 |
0,00 |
0,00 |
|
|
b) Financial income from arrangement with creditors:
42120 |
0,00 |
0,00 |
|
|
c) Other income and expenditure: 42130 |
0,00 |
0,00 |
|
|
B) FINANCIAL REVENUE (14 + 15
+ 16 + 17 + 18 + 19) : 49200 |
-901,00 |
0,00 |
|
|
C) NET RESULT BEFORE TAXES (A
+ B) : 49300 |
32.612,00 |
0,00 |
|
|
20.
Income taxes: 41900 |
-2.195,00 |
0,00 |
|
|
D) RESULT OF THE PERIOD (C + 20)
: 49500 |
30.417,00 |
0,00 |
|
CASHFLOW STATEMENT
Model: Normal
> Source of information: Data
contained in this section is taken from the information declared in the Annual
Accounts submitted to the Trade Register.
|
|
2009 |
2008 |
|
|
1. Fiscal year result before
taxes.: 61100 |
32.612,00 |
0,00 |
|
|
2. Results adjustments.:
61200 |
2.553,00 |
0,00 |
|
|
a) Fixed
Assets Amortization (+).: 61201 |
1.652,00 |
0,00 |
|
|
g) Financial
income (-).: 61207 |
-1,00 |
0,00 |
|
|
h)
Financial Expenses (+). : 61208 |
903,00 |
0,00 |
|
|
3. Changes in current capital
equity.: 61300 |
-398.640,00 |
0,00 |
|
|
a) Stock
(+/-).: 61301 |
-98.794,00 |
0,00 |
|
|
d)
Debtors and other accounts receivable (+/-). : 61302 |
-359.672,00 |
0,00 |
|
|
d)
Creditors and other accounts payable (+/-). : 61304 |
59.826,00 |
0,00 |
|
|
4. Other cash flows for
operating activities.: 61400 |
-901,00 |
0,00 |
|
|
a)
Interest payments (-). : 61401 |
-903,00 |
0,00 |
|
|
c)
Interest collection (+). : 61403 |
1,00 |
0,00 |
|
|
5. Operating activity cash
flows (1 + 2 + 3 + 4) : 61500 |
-364.375,00 |
0,00 |
|
|
6. Payments for investment (-).:
62100 |
-43.094,00 |
0,00 |
|
|
c) Fixed
assets. : 62103 |
-43.094,00 |
0,00 |
|
|
7. Divestment payment
collection (+). : 62200 |
0,00 |
0,00 |
|
|
8. Investment activity cash
flows (6 + 7) minus Amortization: 62300 |
-44.746,00 |
0,00 |
|
|
9. Payment collection and
payments for equity instruments. : 63100 |
0,00 |
3.006,00 |
|
|
a)
Issuance of equity instruments (+). : 63101 |
0,00 |
3.006,00 |
|
|
10. Payment collection and payments
for financial liabilities instruments.: 63200 |
450.087,00 |
0,00 |
|
|
a)
Issuance : 63201 |
450.087,00 |
0,00 |
|
|
2. Debts
incurred with credit institutions (+). : 63203 |
221.583,00 |
0,00 |
|
|
5. Other debts
(+). : 63206 |
228.504,00 |
0,00 |
|
|
11. Payments from dividends
and remunerations from other assets instruments. : 63300 |
0,00 |
0,00 |
|
|
12. Cash flows for financing
activities (9+10+11).: 63400 |
450.087,00 |
3.006,00 |
|
|
D) EFFECT OF EXCHANGE RATE
CHANGES: 64000 |
0,00 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF
CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000 |
40.966,00 |
3.006,00 |
|
|
Cash or
equivalent assets as of beginning of the fiscal year.: 65100 |
3.006,00 |
0,00 |
|
|
Cash or
equivalent assets as of end of the fiscal year.: 65200 |
43.972,00 |
3.006,00 |
|
FINANCIAL DIAGNOSIS
> Economic-Financial
Comparative Analysis
Data used in the following
ratios and indicators is taken from the Annual Accounts submitted by the
company to the TRADE REGISTER.
> Comparison within the
Sector
|
Cash Flow |
2009 |
2008 |
Variación
2009 - 2008 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
12,13
% |
2,57
% |
|
0,70
% |
|
269,52
% |
|
|
EBITDA over Sales: |
10,41
% |
6,06
% |
|
6,04
% |
|
0,34
% |
|
|
Cash Flow Yield: |
7,51
% |
0,89
% |
|
0,17
% |
|
417,07
% |
|
|
Profitability |
2009 |
2008 |
Variación
2009 - 2008 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic
profitability: |
6,14
% |
2,02
% |
0,00
% |
1,43
% |
|
41,21
% |
|
|
Total economic profitability:
|
6,14
% |
3,00
% |
0,00
% |
3,00
% |
|
0,00
% |
|
|
Financial profitability:
|
91,01
% |
3,06
% |
0,00
% |
2,44
% |
|
25,46
% |
|
|
Margin: |
9,92
% |
3,30
% |
|
2,77
% |
|
18,99
% |
|
|
Mark-up: |
-0,27
% |
3,88
% |
|
3,23
% |
|
20,24
% |
|
|
Solvency |
2009 |
2008 |
Variación
2009 - 2008 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,17 |
0,14 |
|
0,14 |
|
-1,12 |
|
|
Acid Test: |
1,54 |
0,84 |
|
0,90 |
|
-6,36 |
|
|
Working Capital / Investment:
|
0,44 |
0,12 |
1,00 |
0,14 |
-56,06 |
-13,45 |
|
|
Solvency: |
1,91 |
1,50 |
|
1,54 |
|
-2,94 |
|
|
Indebtedness |
2009 |
2008 |
Variación
2009 - 2008 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
15,32 |
1,22 |
0,00 |
1,43 |
|
-14,84 |
|
|
Borrowing Composition: |
0,95 |
1,14 |
|
1,25 |
|
-8,61 |
|
|
Repayment Ability: |
1,29 |
25,64 |
|
50,48 |
|
-49,20 |
|
|
Warranty: |
1,07 |
1,89 |
|
1,70 |
|
11,22 |
|
|
Generated resources / Total
creditors: |
0,06 |
0,05 |
|
-0,28 |
|
117,14 |
|
|
Efficiency |
2009 |
2008 |
Variación
2009 - 2008 |
|
|||
|
|
Empresa |
Sector |
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
1,91 |
1,49 |
|
1,30 |
|
14,84 |
|
|
Turnover of Collection Rights
: |
0,94 |
4,72 |
|
2,84 |
|
66,11 |
|
|
Turnover of Payment
Entitlements: |
4,25 |
3,33 |
|
2,34 |
|
42,65 |
|
|
Stock rotation: |
3,08 |
2,30 |
|
-1,62 |
|
242,05 |
|
|
Assets turnover: |
0,62 |
0,61 |
0,00 |
0,52 |
|
18,67 |
|
|
Borrowing Cost: |
0,18 |
2,92 |
|
3,62 |
|
-19,41 |
|
> Trend of indicators under
the General Accounting Plan of 2007 (2009, 2008)
|
Cash Flow |
2009 |
2008 |
|
|
Cash Flow over Sales: |
12,13
% |
|
|
|
EBITDA over Sales: |
10,41
% |
|
|
|
Cash Flow Yield: |
7,51
% |
|
|
|
Profitability |
2009 |
2008 |
|
|
Operating economic
profitability: |
6,14
% |
0,00
% |
|
|
Total economic profitability:
|
6,14
% |
0,00
% |
|
|
Financial profitability:
|
91,01
% |
0,00
% |
|
|
Margin: |
9,92
% |
|
|
|
Mark-up: |
-0,27
% |
|
|
|
Solvency |
2009 |
2008 |
|
|
Liquidity: |
0,17 |
|
|
|
Acid Test: |
1,54 |
|
|
|
Working Capital / Investment:
|
0,44 |
1,00 |
|
|
Solvency: |
1,91 |
|
|
|
Indebtedness |
2009 |
2008 |
|
|
Indebtedness level: |
15,32 |
0,00 |
|
|
Borrowing Composition: |
0,95 |
|
|
|
Repayment Ability: |
1,29 |
|
|
|
Warranty: |
1,07 |
|
|
|
Generated resources / Total
creditors: |
0,06 |
|
|
|
Efficiency |
2009 |
2008 |
|
|
Productivity: |
1,91 |
|
|
|
Turnover of Collection Rights
: |
0,94 |
|
|
|
Turnover of Payment
Entitlements: |
4,25 |
|
|
|
Stock rotation: |
3,08 |
|
|
|
Assets turnover: |
0,62 |
0,00 |
|
|
Borrowing Cost: |
0,18 |
|
|
COMPARATIVE SECTORIAL BALANCE
Sector-based Comparison under
the rules of the New General Accounting Plan.
|
|
Variación
- |
|
|
|
Empresa |
Sector |
|
|
Variación
- |
|
|
|
Empresa |
Sector |
|
|
Variación
- |
|
|
|
Empresa |
Sector |
News
--
Public Tenders and Works Won
No Public Tenders assigned to the name of the company.
Research Summary
|
After carrying out the habitual procedures in order to elaborate this report, we shall inform you that: At first place, in the provided address, since one year ago, the head office of the firm GRAMAGE HOGAR, S.L is located, whose responsible affirmed that he does not know anything about the requested company. We can tell that the owner of requested corporation presented n abridged voluntary state of insolvency in 07-03-2014, in the Trade Court Nº 2 of Valencia. In light of the above, we do not know the present situation of the corporation, though we do recommend act with lots of prudence in case of having to take any commercial risk with it. |
Sources
|
Registry of
Commerce's Official Gazette. Own and external data bases Company References |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
|
UK Pound |
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.73.99 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.