MIRA INFORM REPORT

 

 

Report No. :

347254

Report Date :

28.10.2015

 

IDENTIFICATION DETAILS

 

Name :

VAN LOON-SEALSKIN B.V.

 

 

Registered Office :

Tuinstraat 26 5144NT Waalwijk

 

 

Country :

Netherlands

 

 

Date of Incorporation :

01.01.1754

 

 

Com. Reg. No.:

18105394

 

 

Legal Form :

Private company

 

 

Line of Business :

Manufacture of made-up textile articles, except apparel

 

 

No. of Employees :

120

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

NETHERLANDS - ECONOMIC OVERVIEW

 

The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and moderate unemployment. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for food-processing and underpins the country’s status as the world’s second largest agricultural exporter. The Netherlands is part of the Eurozone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 90% of banking assets. The sector suffered as a result of the global financial crisis and required billions of dollars of government support, but the European Banking Authority completed stringent reviews in 2014 and deemed Dutch banks to be well-capitalized. To address the 2009 and 2010 economic downturns, the government sought to stimulate the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credits. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE has since implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. As a result, the government budget deficit at the end of 2014 dropped to 1.8% of GDP. Following a protracted recession during which unemployment doubled to 7.4% and household consumption contracted for nearly three consecutive years, the year 2014 saw fragile GDP growth of 0.8 percent and a rise in most economic indicators. Drivers of growth included increased exports and business investments, as well as newly invigorated household consumption.

 

Source : CIA

Summary

 

Company name                                   Van Loon-Sealskin B.V.

Operative address                               Tuinstraat 26

5144NT Waalwijk

Netherlands

 

Legal form                                           Besloten Vennootschap

Registration number                            KvK-nummer: 18105394

VAT-number                                        001187715

 

 

Contact information

 

Company name                                   Van Loon-Sealskin B.V.

Trade names                                       Van Loon-Sealskin B.V.

Sealskin

Operative address                               Tuinstraat 26

5144NT Waalwijk

Netherlands

Correspondence address                     Postbus 6

5140AA Waalwijk

Netherlands

Telephone number                              0416672672

Fax number                                         0416673703

Email address                                      export@sealskin.nl

Website                                               www.sealskin.com

 

 

Registration

 

Registration number                            KvK-nummer: 18105394

Branch number                                    000018417205

VAT-number                                        001187715

Status                                                  Active

First registration company register      1948-12-23

Memorandum                                      1948-12-14

Establishment date                              1754-01-01

Legal form                                           Besloten Vennootschap

Legal person since                              1972-03-31

Last proposed admendment                1986-12-30

Issued placed capital                           EUR 181.512

Paid up share capital                          EUR 181.512

 

 

 

Activities

 

SBI                                                       1392: Manufacture of made-up textile articles, except apparel

Exporter                                               Yes

Importer                                               Yes

Goal                                                     De fabrikage van en de handel (met inbegrip van de im- en export) in badkamer-, huishoudelijke- en woningtextielartikelen, het voeren van agenturen, productie en montage van whirlpools

 

 

Relations

 

Shareholders                                       Van Loon Holding B.V.

Tuinstraat 26

5144NT WAALWIJK

Netherlands

Registration number: 18116285

Percentage: 100%

 

Companies on same address               Sealskin Projects B.V.

Registration number: 18082031

 

Liability statements                             Coram Holding NV

STUIFZANDSTRAAT 38

B19889 GORSSEL

Netherlands

Registration number: 17037568

date of issue: 1986-02-17

Starting date: 1986-02-17

End date: 2010-09-02

 

 

Management

 

Active management                            Coram International B.V.

Winde 3

5667AX GELDROP

Netherlands

Registration number: 17063047

Competence: Fully authorized

Function: Manager

Starting date: 1996-10-01

 

J.H. Haisma Johannes Hendrikus

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 1992-02-01

Date of birth: 1954-06-12, Sprang-Capelle, NL

Involved with the following companies:

 

Van Loon Holding B.V.

Tuinstraat 26

5144NT WAALWIJK

Netherlands

Registration number: 18116285

Function: Proxy

 

N.J.M. Klerx Nicolaas Johannes Maria

Netherlands

Competence: Limited authorization

Function: Proxy

Starting date: 2010-12-01

Date of birth: 1957-11-23, Waalwijk, NL

Involved with the following companies:

 

Van Loon Holding B.V.

Tuinstraat 26

5144NT WAALWIJK

Netherlands

Registration number: 18116285

Function: Proxy

 

 

Employees

 

Total according to the Chamber of Commerce 120

Year                                                                 2015     2014     2012     2011     2009

Total                                                                 120       120       120       120       120

 

 

 

Payments

 

Description                                          Payments made under regular condition

 

 

Financial statement

 

Remark annual account                      There is no financial data published

 

 

Analysis

 

Branch (SBI)                                        MANUFACTURE OF TEXTILES (SBI code 13)

Region                                                 Midden-Brabant

Summary                                             In the Netherlands 2146 of the companies are registered with the SBI code 13 In the region Midden-Brabant 108 of the companies are registered with the SBI code 13 In the Netherlands 34 of the bankrupcties are published within this sector In the region Midden-Brabant 2 of the bankruptcies are published within this sector The risk of this specific sector in the Netherlands is normal The risk of this specific sector in the region Midden-Brabant is normal

 

 

Publications

 

Consent statements                 23-01-2015: Voor boekjaar 2014 is een instemmingsverklaring gedeponeerd.

16-01-2014: Voor boekjaar 2013 is een instemmingsverklaring gedeponeerd.

15-01-2013: Voor boekjaar 2012 is een instemmingsverklaring gedeponeerd.

25-01-2012: Voor boekjaar 2011 is een instemmingsverklaring gedeponeerd.

Functions                                 29-09-2015: Per 22-09-2015 is bestuurder 18116285 Van Loon Holding B.V. uit functie getreden.

02-05-2013: Per 30-04-2013 is gevolmachtigde Johannes Antonius Maria Roelands uit functie getreden.

25-04-2012: Per 01-03-2012 is gevolmachtigde Marcus Johannes Gerardus Maria Rutten in functie getreden.

01-03-2012: Per 01-02-2012 is bestuurder Bertus Cornelis Speijers in functie getreden.

 

Mergers                                   29-09-2015: Op 22-09-2015 fusieakte verleden. Verkrijgende rechtspersoon: Van Loon-

Sealskin B.V., 18105394 Verdwijnende rechtspersoon: Van Loon Holding B.V., 18116285 ...

Op 22-09-2015 fusieakte verleden. Verkrijgende rechtspersoon: Van Loon-Sealskin B.V.,

18105394 Verdwijnende rechtspersoon: P. Smelt, Leder- en Fourniturenhandel B.V.,  18105974.

07-08-2015: Op 06-08-2015 fusievoorstel gedeponeerd. Verkrijgende rechtspersoon: Van

Loon-Sealskin B.V., 18105394 Verdwijnende rechtspersoon: Van Loon Holding B.V.,

18116285 ... Op 06-08-2015 fusievoorstel gedeponeerd. Verkrijgende rechtspersoon: Van

Loon-Sealskin B.V., 18105394 Verdwijnende rechtspersoon: P. Smelt, Leder- en

Fourniturenhandel B.V., 18105974.

 

 

Company structure

 

Relations                                 14

Company                                                                                                                     Registration number

Coram N.V. (Overpelt 3900)

| - - Coram International B.V. (GELDROP)                                                                    17063047

| - - | - - Seventy One B.V. (GELDROP)                                                                          17236532

| - - | - - Tijgerplastics Beheer B.V. (GELDROP)                                                             17015437

| - - | - - Dielco Plastic Industrie B.V. (GELDROP)                                                          17053478

| - - | - - Coram Sanitary B.V. (GELDROP)                                                                      17091932

| - - | - - | - - Exploitatie- en Beleggingsmaatschappij Smink B.V. (AMERSFOORT)        31000041

| - - | - - | - - | - - Polyslijp Amersfoort B.V. (AMERSFOORT)                                            31021550

| - - | - - | - - | - - Geesa B.V. (AMERSFOORT)                                                                  31021298

| - - | - - | - - Tiger Products B.V. (GELDROP)                                                                  17031405

| - - | - - | - - Tiger Nederland B.V. (GELDROP)                                                               17025219

| - - | - - | - - Van Loon Holding B.V. (WAALWIJK)                                                           18116285

| - - | - - | - - | - - Van Loon-Sealskin B.V. (Waalwijk)                                                        18105394

| - - | - - | - - | - - Sealskin Projects B.V. (WAALWIJK)                                                      18082031

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.96

UK Pound

1

Rs.99.73

Euro

1

Rs.71.84

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.