|
Report No. : |
345969 |
|
Report Date : |
20.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
GREENYARD FOODS NV |
|
|
|
|
Registered Office : |
Skaldenstraat 7 C, 9042 Gent |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
16.05.1968 |
|
|
|
|
Com. Reg. No.: |
402777157 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Subject is engaged in wholesale of fruit and vegetables, except potatoes for consumption |
|
|
|
|
No. of Employee : |
324 |
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 : |
Slow but correct |
|
|
|
|
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 |
GREENYARD
FOODS NV
|
Business number |
402777157 |
|
Branche Unit Number |
2036303974 |
|
Company name |
GREENYARD FOODS NV |
|
Address |
SKALDENSTRAAT 7c |
|
|
9042 GENT |
|
Number of staff |
324 |
|
Date of establishment |
16/05/1968 |
|
Telephone number |
092553230 |
|
Fax number |
051778382 |
|
ULTIMATE HOLDING COMPANY |
|
|
Company name |
Company Number |
|
GREENYARD FOODS NV |
402777157 |
The business was established over 47
years ago. The business has 324 employees.
The business is part of a group.
The business has been at the
address for over 2 years. Operating Result
in the latest trading period increased
558% on the previous trading period. The
business saw an increase in their
Cash Balance of 44% during the latest
trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/03/2015 |
158,090,488 |
-6,049,360 |
154,885,235 |
136,877,408 |
|
31/03/2014 |
182,586,746 |
-17,270,506 |
161,842,972 |
98,782,721 |
|
31/03/2013 |
145,802,277 |
-6,599,848 |
136,983,178 |
-220,970,868 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/03/2015 |
536,705,286 |
324 |
101,010,972 |
-2,575,115 |
|
31/03/2014 |
509,538,058 |
311 |
101,010,972 |
69,734,031 |
|
31/03/2013 |
543,722,911 |
311 |
157,500,000 |
-2,467,107 |
|
Past payments |
|
Payment expectation days |
72.95 |
|
Industry average payment |
99.55 |
Industry average day sales |
200.77 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
64.79 |
|
|
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business number |
402777157 |
Company name |
GREENYARD FOODS NV |
|
Fax number |
051778382 |
Date founded |
16/05/1968 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/03/2015 |
|
Activity code |
46319 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of fruit and vegetables, except potatoes for consumption |
VAT Number |
BE.0402.777.157 Check VAT number |
|
Belgian Bullettin of Acts Publications |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
118 |
|
Description |
Joint committee for the food industry |
|
category |
|
|
JIC Code |
220 |
|
Description |
Joint committee for the employees
in the food industry |
|
Significant Events |
|
|
Event Date |
24/07/2015 |
|
Event Description |
|
|
Event Details |
Besluiten algemene vergadering van
obligatiehouders. |
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-03-2015 |
% |
31-03-2014 |
% |
31-03-2013 |
% |
31-03-2012 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
65 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
269,730,626 |
-0.73 |
271,715,288 |
-35.17 |
419,100,702 |
20.16 |
348,796,817 |
62.35 |
214,848,969 |
|
Intangible fixed assets |
19,174,343 |
-8.02 |
20,845,640 |
-4.99 |
21,939,531 |
467 |
3,866,505 |
67.46 |
2,308,911 |
|
Tangible fixed assets |
28,783,481 |
-6.59 |
30,813,429 |
-2.70 |
31,668,050 |
-2.96 |
32,634,628 |
39.51 |
23,392,445 |
|
Land & building |
5,658,411 |
-12.07 |
6,435,263 |
-3.12 |
6,642,544 |
30.05 |
5,107,854 |
-3.18 |
5,275,457 |
|
Plant & machinery |
22,666,343 |
-2.79 |
23,315,906 |
-6.01 |
24,807,696 |
64.33 |
15,096,495 |
-12.91 |
17,333,748 |
|
Furniture & Vehicles |
235,481 |
-15.91 |
280,032 |
28.57 |
217,809 |
10.48 |
197,150 |
-16.93 |
237,332 |
|
Leasing & Other Similar |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
223,246 |
-71.46 |
782,227 |
- |
0 |
-100 |
12,233,129 |
2140 |
545,907 |
|
Financial fixed assets |
221,772,802 |
0.78 |
220,056,219 |
-39.79 |
365,493,121 |
17.03 |
312,295,684 |
65.11 |
189,147,613 |
|
Total current assets |
266,974,660 |
12.26 |
237,822,771 |
90.83 |
124,622,209 |
15.77 |
107,644,509 |
45.43 |
74,020,126 |
|
Inventories |
35,601,214 |
-6.92 |
38,247,035 |
5.63 |
36,207,079 |
6.43 |
34,020,574 |
-1.52 |
34,546,495 |
|
Raw materials & |
1,458,208 |
-27.52 |
2,011,836 |
-10.76 |
2,254,511 |
26.14 |
1,787,289 |
-22.21 |
2,297,693 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
34,143,006 |
-5.77 |
36,235,199 |
6.72 |
33,952,568 |
5.33 |
32,233,285 |
-0.05 |
32,248,802 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
28,064,026 |
14.52 |
24,506,785 |
14.61 |
21,382,514 |
-56.87 |
49,574,683 |
291 |
12,676,191 |
|
Other amounts receivable |
186,719,694 |
14.42 |
163,194,500 |
154 |
64,002,114 |
262 |
17,655,217 |
271 |
4,749,894 |
|
Cash |
16,207,558 |
44.49 |
11,217,152 |
308 |
2,748,231 |
-54.95 |
6,100,467 |
-49.09 |
11,983,725 |
|
Miscellaneouscurrent assets |
382,168 |
-41.86 |
657,298 |
132 |
282,272 |
-3.85 |
293,567 |
-97.08 |
10,063,821 |
|
Total Assets |
536,705,286 |
5.33 |
509,538,058 |
-6.29 |
543,722,911 |
19.12 |
456,441,326 |
58.01 |
288,869,095 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
174,059,578 |
-4.72 |
182,688,612 |
14.95 |
158,922,709 |
-4.88 |
167,080,207 |
28.99 |
129,532,388 |
|
Issued share capital |
101,010,972 |
0 |
101,010,972 |
-35.87 |
157,500,000 |
0 |
157,500,000 |
39.32 |
113,052,111 |
|
Share premium account |
11,376,465 |
0 |
11,376,465 |
0 |
11,376,465 |
0 |
11,376,465 |
0 |
11,376,465 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
61,672,141 |
-12.27 |
70,301,175 |
706 |
-9,953,756 |
-454 |
-1,796,258 |
-135 |
5,103,812 |
|
Provisions for Liabilities
& |
190,711 |
261 |
52,705 |
-15.03 |
62,031 |
30.30 |
47,605 |
-16.91 |
57,292 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
1,817 |
-52.53 |
3,828 |
-52.33 |
8,031 |
-50.82 |
16,328 |
-51.46 |
33,639 |
|
Creditors |
362,453,180 |
10.91 |
326,792,913 |
-15.06 |
384,730,141 |
32.99 |
289,297,186 |
81.67 |
159,245,776 |
|
Other long term loans |
232,355,927 |
23.76 |
187,752,863 |
379 |
39,137,063 |
1.21 |
38,668,386 |
-15.60 |
45,814,410 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
232,548,456 |
23.82 |
187,809,396 |
379 |
39,207,125 |
1.23 |
38,732,318 |
-15.63 |
45,905,341 |
|
Current portion of long
term |
12,000,000 |
- |
0 |
-100 |
111,315,639 |
28.93 |
86,334,710 |
686 |
10,975,805 |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
60,000,000 |
29.25 |
46,422,333 |
-15.87 |
55,178,012 |
31.63 |
41,917,885 |
124 |
18,633,127 |
|
Trade creditors |
31,310,042 |
5.53 |
29,668,107 |
-13.08 |
34,134,569 |
2.89 |
33,174,277 |
2.19 |
32,462,952 |
|
Amounts Payable for Taxes, |
3,244,645 |
-5.37 |
3,428,938 |
0.89 |
3,398,848 |
62.72 |
2,088,769 |
18.72 |
1,759,386 |
|
Remuneration & Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
23,542,567 |
-60.45 |
59,520,672 |
-57.96 |
141,566,010 |
62.51 |
87,113,160 |
75.63 |
49,600,095 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
130,097,253 |
-6.43 |
139,040,050 |
-59.77 |
345,593,078 |
37.89 |
250,628,801 |
120 |
113,431,365 |
|
Total Liabilities |
536,705,286 |
5.33 |
509,538,058 |
-6.29 |
543,722,911 |
19.12 |
456,441,326 |
58.01 |
288,869,095 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-3.83 |
40.49 |
-9.46 |
-108 |
-4.53 |
-36.45 |
-3.32 |
-2052 |
0.17 |
|
Return on capital employed
|
-1.49 |
31.97 |
-4.66 |
-39.94 |
-3.33 |
-29.57 |
-2.57 |
-2241 |
0.12 |
|
Return on total assets employed
|
-1.13 |
33.33 |
-3.39 |
-180 |
-1.21 |
-4.31 |
-1.16 |
-1550 |
0.08 |
|
Return on net assets employed
|
-3.48 |
36.83 |
-9.45 |
-127 |
-4.15 |
-31.33 |
-3.16 |
-1958 |
0.17 |
|
Sales / net working
capital |
1.15 |
-37.84 |
1.85 |
280 |
-0.66 |
59.46 |
-1.11 |
34.37 |
-3.23 |
|
Stock turnover ratio |
22.52 |
7.49 |
20.95 |
-15.63 |
24.83 |
16.19 |
21.37 |
-21.26 |
27.14 |
|
Creditor days |
72.95 |
22.85 |
59.38 |
-33.12 |
88.79 |
10.39 |
80.43 |
-17.48 |
97.47 |
|
Debtor days |
64.79 |
32.25 |
48.99 |
-8.48 |
53.53 |
-52.90 |
113.64 |
212 |
36.34 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
2.05 |
19.88 |
1.71 |
375 |
0.36 |
-16.28 |
0.43 |
-33.85 |
0.65 |
|
Liquidity ratio / acid
ratio |
1.78 |
23.61 |
1.44 |
453 |
0.26 |
-10.34 |
0.29 |
-17.14 |
0.35 |
|
Current debt ratio |
0.75 |
-1.32 |
0.76 |
-64.98 |
2.17 |
44.67 |
1.50 |
70.45 |
0.88 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
-2,575,115 |
-103 |
69,734,031 |
2826 |
-2,467,107 |
-220 |
-769,004 |
-116 |
4,651,463 |
|
Net worth |
154,885,235 |
-4.30 |
161,842,972 |
18.15 |
136,983,178 |
-16.07 |
163,213,702 |
28.29 |
127,223,477 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
174.86 |
36.42 |
128.18 |
-0.94 |
129.39 |
29.52 |
99.90 |
71.56 |
58.23 |
|
Equity in percentage |
33.63 |
-10.03 |
37.38 |
22.72 |
30.46 |
-17.50 |
36.92 |
-18.32 |
45.20 |
|
Total debt ratio |
2.08 |
16.20 |
1.79 |
-26.03 |
2.42 |
39.88 |
1.73 |
40.65 |
1.23 |
|
Working capital |
136,877,408 |
38.56 |
98,782,721 |
44.70 |
-220,970,868 |
-54.54 |
-142,984,292 |
-262 |
-39,411,239 |
|
Profit
& loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
164,439,746 |
-14.86 |
193,145,272 |
26.68 |
152,470,243 |
-6.77 |
163,541,358 |
35.78 |
120,445,399 |
|
Turnover |
158,090,488 |
-13.42 |
182,586,746 |
25.23 |
145,802,277 |
-8.44 |
159,234,705 |
25.08 |
127,307,077 |
|
Total operating expenses |
156,650,320 |
-14.10 |
182,367,885 |
29.97 |
140,317,490 |
-6.80 |
150,553,027 |
23.84 |
121,570,274 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
162,999,578 |
-15.51 |
192,926,411 |
31.26 |
146,985,456 |
-5.08 |
154,859,680 |
35.00 |
114,708,596 |
|
Employee costs |
16,683,268 |
5.38 |
15,831,575 |
18.14 |
13,400,450 |
-0.05 |
13,406,665 |
30.66 |
10,260,935 |
|
Wages and salary |
11,970,905 |
6.63 |
11,226,797 |
21.22 |
9,261,789 |
-2.77 |
9,525,304 |
31.49 |
7,244,263 |
|
Employee pension costs |
3,161 |
-8.33 |
3,448 |
1.51 |
3,397 |
-17.60 |
4,123 |
-9.19 |
4,540 |
|
Social security |
3,803,877 |
3.53 |
3,674,059 |
16.92 |
3,142,378 |
0.22 |
3,135,396 |
27.64 |
2,456,357 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
905,325 |
-2.37 |
927,271 |
-6.61 |
992,886 |
33.84 |
741,843 |
33.48 |
555,776 |
|
Director remuneration |
1,821,875 |
37.91 |
1,321,041 |
246 |
381,026 |
-14.33 |
444,750 |
-24.46 |
588,785 |
|
Amortization and |
6,050,013 |
-6.30 |
6,457,118 |
13.80 |
5,674,277 |
0.36 |
5,654,121 |
28.20 |
4,410,270 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
1,440,168 |
558 |
218,861 |
-96.01 |
5,484,787 |
-36.82 |
8,681,678 |
51.33 |
5,736,803 |
|
Total financial income |
9,583,847 |
104 |
4,675,190 |
50.32 |
3,110,181 |
361 |
673,269 |
33.02 |
506,133 |
|
Total financial expenses |
17,073,375 |
-22.97 |
22,164,557 |
45.87 |
15,194,815 |
3.79 |
14,639,364 |
143 |
6,023,775 |
|
Results on ordinary |
-6,049,360 |
35.03 |
-17,270,506 |
-161 |
-6,599,848 |
-24.89 |
-5,284,417 |
-2511 |
219,162 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
87,379 |
-99 |
81,937,542 |
140327 |
58,349 |
-79.22 |
280,727 |
856 |
29,343 |
|
Extraordinary Charges |
2,659,198 |
152 |
1,053,908 |
-34.45 |
1,607,858 |
12.02 |
1,435,331 |
4299 |
32,627 |
|
Extraordinary items |
-2,571,819 |
-103 |
80,883,634 |
5219 |
-1,549,509 |
-34.20 |
-1,154,605 |
-35052 |
-3,285 |
|
Results for the Year |
-8,621,178 |
-113 |
63,613,128 |
780 |
-8,149,356 |
-26.56 |
-6,439,022 |
-3082 |
215,877 |
|
Before Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
5,962 |
-98.25 |
340,418 |
104466 |
326 |
-76.96 |
1,413 |
18.38 |
-7,686 |
|
Results on ordinary |
-6,055,321 |
34.38 |
-17,610,924 |
-166 |
-6,600,173 |
-24.87 |
-5,285,830 |
-2430 |
226,848 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-8,625,129 |
-113 |
63,276,912 |
777 |
-8,141,385 |
-26.75 |
-6,423,124 |
-2763 |
241,193 |
|
Profit (Loss) for the
Year to
be appropiated |
-8,625,129 |
-113 |
63,276,912 |
777 |
-8,141,385 |
-26.75 |
-6,423,124 |
-2763 |
241,193 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social Balance Sheet Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-03-2015 |
|
|
|
|
Full-time Employees |
|
297 |
|
|
Part-time Employees |
|
37 |
|
|
Total Fte Employees |
|
324 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
482,940 |
|
|
Part-time Employees |
|
40,714 |
|
|
Total |
|
523,654 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
15,524,510 |
|
|
Part-time Employees |
|
1,155,597 |
|
|
Total |
|
16,680,107 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
315 |
|
|
Actual working hours |
|
510,816 |
|
|
Personnel Charges |
|
15,828,127 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
288 |
36 |
315 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
13 |
1 |
14 |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
40 |
- |
40 |
|
Secondairy education |
129 |
6 |
133 |
|
Higher education (non |
28 |
1 |
29 |
|
university) |
|
|
|
|
Higher education |
21 |
- |
21 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
12 |
- |
12 |
|
Secondairy education |
44 |
22 |
61 |
|
Higher education (non |
17 |
4 |
19 |
|
university) |
|
|
|
|
Higher education |
10 |
4 |
14 |
|
(university) |
|
|
|
|
|
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
82 |
12 |
91 |
|
Blue collar worker |
219 |
25 |
237 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
37 |
|
|
Actual working hours |
|
74,938 |
|
|
Cost of temporary staff |
|
1,669,835 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
28 |
1 |
29 |
|
Leavers |
11 |
2 |
12 |
|
Total of formal
continuing vocational training initiatives |
|
|
|
for workers paid
by the employer |
Male |
Female |
|
Number of employees |
131 |
33 |
|
Number of training hours |
2,477 |
545 |
|
Net costs for enterprise |
138,584 |
28,564 |
|
Total of less
formal and informal continuing vocational |
|
|
|
training initiatives for
workers paid by the employer |
Male |
Female |
|
Number of employees |
171 |
69 |
|
Number of training hours |
3,744 |
494 |
|
Net costs for enterprise |
91,577 |
12,221 |
|
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 |
46319 |
|
|
Activity description |
Wholesale of fruit and vegetables,
except potatoes for consumption |
|
|
Payment Information Summary |
|
|
Total number of Invoices available |
376 |
|
Total number of Invoices paid within or up to 30
days after the due date |
258 |
|
Total number of Invoices paid more than 30 days after
the due date |
63 |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
37 |
|
Total number of Invoices currently outstanding beyond the
due date |
18 |
|
SUSPENSION OF PAYMENTS
/ MORATORIUM HISTORY |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
72.95 |
|
Day sales outstanding |
64.79 |
|
Industry comparison |
|
|
Activity code |
46319 |
|
Activity description |
Wholesale of fruit and vegetables,
except potatoes for consumption |
|
Industry average payment |
99.55 |
|
expectation days |
|
|
Industry average day
sales |
200.77 |
|
outstanding |
|
|
INDUSTRY QUARTILE ANALYSIS |
|
|
Payment expectations |
|
|
Company result |
72.95 |
|
Lower |
69.13 |
|
Median |
44.69 |
|
Upper |
20.69 |
DAY SALES OUTSTANDING
|
Company result |
64.79 |
|
Lower |
79.58 |
|
Median |
44.27 |
|
Upper |
28.38 |
|
Summary |
|
|
Group - Number of
Companies |
21 |
|
Linkages - Number
of Companies |
117 |
|
Number of Countries |
10 |
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- GREENYARD FOODS NV |
402777157 |
31-03-2015 |
|
- - G. & L. VAN DEN BROEKE
- OLSENE NV |
420902202 |
30-06-2014 |
|
- - - PRIMEUR NV |
423873469 |
31-12-2008 |
|
- - - - LUTOSA TRADING COMPANY NV |
885893278 |
31-12-2008 |
|
- - - VANELO NV |
458234829 |
30-06-2014 |
|
- - LUTOSA - EXPRESS NV |
406113165 |
31-12-2008 |
|
- - NOLIKO HOLDING IN VEREFFENING NV |
865259301 |
31-03-2014 |
|
- - - NOLIKO NV |
437126936 |
31-03-2014 |
|
- - - NOLIKO INVESTMENTS NV |
825485638 |
31-03-2014 |
|
- - - - DE BINNENAKKERS NV |
837237286 |
31-03-2014 |
|
- - - NOLIKO LIMITED |
02658320 |
31-03-2015 |
|
- - PINGIUN SALADS BVBA |
437557793 |
31-03-2015 |
|
- - PINGUIN LANGEMARK NV |
427768317 |
31-03-2015 |
|
- - - DREEFVELDEN NV |
892783743 |
31-12-2013 |
|
- - CGB SAS - - CGS SAS |
|
|
|
- - D'AUCY POLSKA SP. Z.O.O. - - MAC |
|
|
|
- - MORÉAC SURGELÉS S.A.S. |
|
|
|
- - PINGUIN FOODS POLSKA SP. Z.O.O. |
|
|
|
- - PINGUIN FOODS UK LTD SOC.ETR. E.P.B.
|
|
|
MINORITY SHAREHOLDERS
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
823740430 |
ADVIESBEHEER GIMV XL NV |
- |
31/03/2014 |
|
- |
UNION FEMIÈRE MORBIHANNAISE SC SOC. ETRANGERE |
- |
- |
|
446729738 |
FOOD INVEST INTERNATIONAL NV |
22.99 |
31/12/2014 |
|
457424680 |
2D NV |
19.7 |
31/12/2014 |
MINORITY INTERESTS
No minority interests found
SHAREHOLDER NAME
|
Forename |
- |
Middle name |
- |
|
Surname |
Familie Dejonghe |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
01/03/2013(estimated) |
End date |
- |
|
Percentage owned |
6.17% |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
- |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Luc |
Middle name |
Nestor |
|
Surname |
Van den Broeke |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
11/12/2007(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Grotesteenweg |
House number |
139 |
|
Minor town |
Olsene |
Postal town |
Zulte |
|
Post code |
9870 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Stefaan |
Middle name |
- |
|
Surname |
Vandaele |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Zandstraat |
House number |
36 |
|
Minor town |
- |
Postal town |
Duffel |
|
Post code |
2570 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Sylvie |
Middle name |
- |
|
Surname |
Van Kerrebroek |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Kwadenbulk |
House number |
41A |
|
Minor town |
Elsegem |
Postal town |
Wortegem-Petegem |
|
Post code |
9790 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
David |
Middle name |
- |
|
Surname |
Thoelen |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Zwaluwstraat |
House number |
8 |
|
Minor town |
Beerzel |
Postal town |
Putte |
|
Post code |
2580 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Kris |
Middle name |
- |
|
Surname |
Penninck |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Hofkouterstraat |
House number |
18 |
|
Minor town |
Dikkelvenne |
Postal town |
Gavere |
|
Post code |
9890 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Marcin |
Middle name |
- |
|
Surname |
Harnisz |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
Poland |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Renars |
Middle name |
- |
|
Surname |
Skudra |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Minor town |
- |
Postal town |
- |
|
Post code |
- |
Country |
Latvia |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Guy |
Middle name |
Achiel |
|
Surname |
Van den Broeke |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
11/12/2007(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Leonard Vandorpestraat |
House number |
15 |
|
Minor town |
- |
Postal town |
Kortrijk |
|
Post code |
8500 |
Country |
Belgium |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Rik |
Middle name |
- |
|
Surname |
Penninck |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
19/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
Langemunt |
House number |
107 |
|
Minor town |
Aaigem |
Postal town |
Erpe-Mere |
|
Post code |
9420 |
Country |
Belgium |
Summary
|
Group - Number of
Companies |
21 |
|
Linkages - Number
of Companies |
117 |
|
Number of Countries |
10 |
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
GIMV NV |
220324117 |
31.03.2015 |
€9.755.819 |
|
I-MMOPAD NV |
422112920 |
31.03.2014 |
- |
|
FOOD INVEST INTERNATIONAL NV |
446729738 |
31.12.2014 |
- |
|
ALMA EXPANSION |
798097143 |
31.12.2014 |
- |
|
2D NV |
457424680 |
31.12.2014 |
- |
|
VIVA EXPANSION |
798067872 |
31.12.2014 |
€200.995 |
|
PINGUIN FOODS UK LIMITED |
04423715 |
31.03.2015 |
£102.765.000 |
|
VERLIHOLD NV |
893429881 |
31.12.2011 |
€2.066.766 |
|
ALMAVIVA SANTE |
498468727 |
31.12.2014 |
€27.682 |
|
PROXIAD CROISSANCE |
499635415 |
31.12.2014 |
€1.233.028 |
|
SCANA NOLIKO INTERNATIONAL NV |
472486010 |
31.03.2005 |
- |
|
MEDVISION HEALTHCARE NV |
413534556 |
30.06.2014 |
- |
|
PROXIAD PARTICIPATIONS |
789650033 |
31.12.2014 |
€1.650.621 |
|
PARTICIPATIE MAATSCHAPPIJ DAMRAK |
27120076 |
31.03.2009 |
- |
|
B.V. |
|
|
|
|
GRANDECO GROUP SERVICES NV |
811660069 |
31.12.2014 |
€1.580.259 |
|
TDP NV |
891786920 |
31.12.2014 |
€3.418.415 |
|
LANGUAGE AND COMPUTING NV |
463196279 |
30.09.2014 |
€2.548.842 |
|
SOREVIE GESTION ADMINISTRATION |
340460104 |
31.12.2014 |
€26.479.066 |
|
MEDICAL |
|
|
|
|
GIMV COORDINATION CENTER NV |
438266190 |
31.03.2008 |
- |
|
LUTOSA SA |
418162347 |
30.06.2014 |
€320.667.242 |
|
1 2 3 4 5 6 |
|
|
|
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
Current director details
|
Position |
Managing Director |
|
Start Date |
18/03/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
MAVAC BVBA |
|
Position |
Director |
|
Start Date |
30/08/2013 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
ARGALIX BVBA |
|
Position |
Director |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
INTAL BVBA |
|
Position |
Director |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Charles-Henri Deprez |
|
Position |
Director |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
PETER GAIN |
|
Position |
Director |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
THOMAS BORMAN |
|
Position |
Director |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code Country |
|
|
Name |
Hilde Laga |
|
Position |
Director |
|
Start Date |
25/11/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Peter Maenhout |
|
Position |
Director |
|
Start Date |
15/02/2012 |
|
Street |
80 MERCELISSTRAAT BRUSSEL |
|
Post code |
1000 |
|
Country |
Belgium |
|
Name |
Jozef Rosiers |
|
Position |
Director |
|
Start Date |
02/12/2011 |
|
Date of birth |
08/06/1946 |
|
Street |
53 OUD-HEVERLEESTRAAT LEUVEN |
|
Post code |
3001 |
|
Country |
Belgium |
|
Name |
ARDIEGO BVBA |
|
Position |
Director |
|
Start Date |
20/05/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
DEPREZ INVEST NV |
|
Position |
Director |
|
Start Date |
01/01/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
BONEM BEHEER BVBA |
|
Position |
Director |
|
Start Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
MANAGEMENT DEPREZ BVBA |
|
Position |
Director |
|
Start Date |
09/11/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
THE MARBLE BVBA |
|
Position |
Director |
|
Start Date |
01/07/2004 |
|
Street |
|
|
Post code Country |
|
|
Name |
Johan Vanovenberghe |
|
Position |
Permanent representative legal entity |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Francis Kint |
|
Position |
Permanent representative legal entity |
|
Start Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Marleen Vaesen |
|
Position |
Permanent representative legal entity |
|
Start Date |
30/08/2013 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Arthur Goethals |
|
Position |
Permanent representative legal entity |
|
Start Date |
20/05/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Hein Deprez |
|
Position |
Permanent representative legal entity |
|
Start Date |
01/01/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Marc Ooms |
|
Position |
Permanent representative legal entity |
|
Start Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Veerle Deprez |
|
Position |
Permanent representative legal entity |
|
Start Date |
09/11/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Luc Van Nevel |
|
Position |
Permanent representative legal entity |
|
Start Date |
01/07/2004 |
|
Street |
|
|
Post code Country |
|
FORMER DIRECTOR DETAILS
|
Name |
DEPREZ INVEST NV |
|
Position |
Managing Director |
|
Start Date |
14/07/2011 |
|
End Date |
18/03/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
KOFA BVBA |
|
Position |
Managing Director |
|
Start Date |
01/07/2004 |
|
End Date |
25/05/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
01/01/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
DEMAFIN EBVBA |
|
Position |
Managing Director |
|
Start Date |
01/07/2004 |
|
End Date |
25/05/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
09/11/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Thomas Dewever |
|
Position |
Director |
|
Start Date |
24/01/2014 |
|
End Date |
19/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Frank Donck |
|
Position |
Director |
|
Start Date |
20/05/2011 |
|
End Date |
19/06/2015 |
|
Date of birth |
30/04/1965 |
|
Street |
118 RIJVISSCHESTRAAT GENT |
|
Post code |
9052 |
|
Country |
Belgium |
|
Name |
VIJVERBOS NV |
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
24/11/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
JEAN-MICHEL JANNEZ |
|
Position |
Director |
|
Start Date |
20/05/2011 |
|
End Date |
30/08/2013 |
|
Date of birth |
08/01/1961 |
|
Street |
|
|
Post code |
|
|
Country |
France |
|
Name |
Alain Keppens |
|
Position |
Director |
|
Start Date |
15/02/2012 |
|
End Date |
14/05/2013 |
|
Date of birth |
20/10/1967 |
|
Street |
28 DRAPSTRAAT LOKEREN |
|
Post code |
9160 |
|
Country |
Belgium |
|
Name |
Gert Van Huffel |
|
Position |
Director |
|
Start Date |
12/10/2010 |
|
End Date |
07/10/2011 |
|
Date of birth |
15/07/1972 |
|
Street |
8 SALVIAPARK DE PINTE |
|
Post code |
9840 |
|
Country |
Belgium |
|
Name |
Patrick Moermans |
|
Position |
Director |
|
Start Date |
09/05/2003 |
|
End Date |
20/05/2011 |
|
Street |
7 NONNENSTRAAT MECHELEN |
|
Post code |
2800 |
|
Country |
Belgium |
|
Name |
Luc Vandewalle |
|
Position |
Director |
|
Start Date |
09/11/2007 |
|
End Date |
26/04/2011 |
|
Date of birth |
23/02/1944 |
|
Street |
19 DEWITTELAAN KOKSIJDE |
|
Post code |
8670 |
|
Country |
Belgium |
|
Name |
Jo Breesch |
|
Position |
Director |
|
Start Date |
14/11/2005 |
|
End Date |
01/09/2010 |
|
Date of birth |
05/07/1972 |
|
Street |
14 TERLINCKSTRAAT ANTWERPEN |
|
Post code |
2600 |
|
Country |
Belgium |
|
Position |
Permanent representative legal entity |
|
Start Date |
10/11/2004 |
|
End Date |
29/07/2005 |
|
Date of birth |
05/07/1972 |
|
Street |
14 TERLINCKSTRAAT ANTWERPEN |
|
Post code |
2600 |
|
Country |
Belgium |
|
Name |
Guy Van den Broeke |
|
Position |
Director |
|
Start Date |
09/11/2007 |
|
End Date |
01/01/2010 |
|
Date of birth |
08/02/1943 |
|
Street |
15 LEONARD VANDORPESTRAAT KORTRIJK |
|
Post code |
8500 |
|
Country |
Belgium |
|
Name |
OLIVIER GEMIN |
|
Position |
Director |
|
Start Date |
14/11/2005 |
|
End Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
BNP PARIBAS FORTIS PRIVATE EQUITY
BELGIUM NV |
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
MEERWAARDE,OMNIPRESENCE,SYMPATHIE & TRIAL BVBA |
|
Position |
Director |
|
Start Date |
25/05/2005 |
|
End Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
NIGEL TERRY |
|
Position |
Director |
|
Start Date |
09/05/2003 |
|
End Date |
08/06/2006 |
|
Street Post code |
|
|
Country |
United Kingdom |
|
Name |
ORTELIUS NV |
|
Position |
Director |
|
Start Date |
10/11/2004 |
|
End Date |
29/07/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
François Meysman |
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
25/05/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Permanent representative legal entity |
|
Start Date |
25/05/2005 |
|
End Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Jozef Rogiest |
|
Position |
Director |
|
Start Date |
10/05/2002 |
|
End Date |
01/09/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Luc Van Nevel |
|
Position |
Director |
|
Start Date |
14/05/2004 |
|
End Date |
01/07/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Gilbert Pieters |
|
Position |
Director |
|
Start Date |
09/05/2003 |
|
End Date |
14/05/2004 |
|
Date of birth |
22/03/1940 |
|
Street |
11 JOE ENGLISHSTRAAT BRUGGE |
|
Post code |
8000 |
|
Country |
Belgium |
|
Name |
Herwig Dejonghe |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/05/2004 |
|
End Date |
24/11/2014 |
|
Street |
|
|
Post code Country |
|
|
Name |
Koen Dejonghe |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/05/2004 |
|
End Date |
01/01/2010 |
|
Date of birth |
31/05/1969 |
|
Street |
8 VIJVERBOSSTRAAT STADEN |
|
Post code |
8840 |
|
Country |
Belgium |
|
Name |
Jan Bergers |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/07/2005 |
|
End Date |
09/11/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Jan Dejonghe |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/05/2004 |
|
End Date |
09/11/2005 |
|
Date of birth |
24/03/1963 |
|
Street |
7 GILDENLAAN WUUSTWEZEL |
|
Post code |
2990 |
|
Country |
Belgium |
|
Name |
Frank Claeys |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/05/2004 |
|
End Date |
13/07/2005 |
|
Street |
|
|
Post code Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.82 |
|
UK Pound |
1 |
Rs.100.12 |
|
Euro |
1 |
Rs.73.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.