|
Report No. : |
340260 |
|
Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
D-GOLDI BVBA |
|
|
|
|
Registered Office : |
Hoveniersstraat 30 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
19.06.1996 |
|
|
|
|
Com. Reg. No.: |
458259771 |
|
|
|
|
Legal Form : |
Private Limited Company (BL/LX) |
|
|
|
|
Line of Business : |
Wholesale of diamonds and other precious
stones |
|
|
|
|
No. of Employee : |
Not Available |
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 |
|
Business number |
458259771 |
|
Branche Unit Number |
2077340518 |
|
Company name |
D-GOLDI BVBA |
|
Address |
HOVENIERSSTRAAT 30 2018 ANTWERPEN |
|
Number of staff |
0 |
|
Date of establishment |
19/06/1996 |
|
Telephone number |
032273266 |
|
Fax number |
032336058 |
The business was established over 19
years ago. The business has 0 employees.
The business has been at the
address for over 18 years. The credit
rating for this business has decreased
from 99 to 97. The credit limit for
this business has decreased from €2100000
to €2050000. The business saw an increase
in their Cash Balance of 3185% during
the latest trading period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2014 |
113,513,681 |
203,942 |
2,988,700 |
4,387,418 |
|
31/12/2013 |
141,321,535 |
226,610 |
2,844,782 |
4,053,990 |
|
31/12/2012 |
111,652,987 |
190,292 |
2,688,582 |
3,951,042 |
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
24,575,174 |
0 |
1,864,148 |
158,452 |
|
31/12/2013 |
25,795,569 |
0 |
1,864,148 |
172,726 |
|
31/12/2012 |
17,264,442 |
0 |
1,864,148 |
153,315 |
|
Past payments |
|
Payment expectation days |
62.75 |
|
Industry average payment |
107.71 |
Industry average day sales |
171.70 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
68.30 |
|
|
BANKRUPTCY DETAILS
Court
action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date
of summons -
|
Business
number |
458259771 |
Company
name |
D-GOLDI BVBA |
|
Fax number |
032336058 |
Date
founded |
19/06/1996 |
|
Company
status |
active |
Company
type |
Private Limited Company (BL/LX) |
|
|
|
||
|
Currency |
Euro (€) |
Date
of latest accounts |
31/12/2014 |
|
Activity
code |
46761 |
Liable
for VAT |
yes |
|
Activity
description |
Wholesale of diamonds and other precious
stones |
VAT Number |
BE.0458.259.771 Check VAT number |
|
Belgian
Bullettin of Acts |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel (NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
JIC Code |
218 |
|
Description category |
Additional national joint committee for
the employees |
|
|
|
|
JIC Code |
324 |
|
Description |
Joint committee for the industry
and the trade in diamant |
|
category |
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual
accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
248,594 |
3.15 |
241,013 |
-4.88 |
253,381 |
-6.72 |
271,638 |
-8.89 |
298,152 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
246,906 |
3.17 |
239,325 |
-4.91 |
251,693 |
-6.76 |
269,950 |
-8.94 |
296,465 |
|
Land & building |
217,085 |
-4.12 |
226,402 |
-3.95 |
235,719 |
-3.80 |
245,036 |
-3.66 |
254,353 |
|
Plant & machinery |
27,336 |
185 |
9,586 |
-35.80 |
14,932 |
-30.94 |
21,622 |
-31.55 |
31,587 |
|
Furniture & Vehicles |
2,486 |
-25.53 |
3,338 |
220 |
1,043 |
-68.32 |
3,292 |
-68.72 |
10,525 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
1,687 |
0 |
1,687 |
0 |
1,687 |
0 |
1,687 |
0 |
1,687 |
|
Total current assets |
24,326,581 |
-4.81 |
25,554,557 |
50.22 |
17,011,061 |
-29.03 |
23,968,814 |
-2.16 |
24,497,868 |
|
Inventories |
2,815,501 |
-19.13 |
3,481,561 |
-7.54 |
3,765,342 |
-30.95 |
5,453,044 |
94.30 |
2,806,453 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
2,815,501 |
-19.13 |
3,481,561 |
-7.54 |
3,765,342 |
-30.95 |
5,453,044 |
94.30 |
2,806,453 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
21,241,199 |
-3.67 |
22,049,484 |
81.26 |
12,164,651 |
-34.21 |
18,489,934 |
-14.51 |
21,627,158 |
|
Other amounts receivable |
7,730 |
16.69 |
6,624 |
-21.17 |
8,403 |
13.95 |
7,375 |
-82.54 |
42,243 |
|
Cash |
252,555 |
3185 |
7,688 |
-99 |
1,037,487 |
11004 |
9,343 |
-27.84 |
12,948 |
|
Miscellaneous current assets |
9,596 |
4.31 |
9,199 |
-73.85 |
35,178 |
285 |
9,119 |
0.58 |
9,067 |
|
Total Assets |
24,575,174 |
-4.73 |
25,795,569 |
49.41 |
17,264,442 |
-28.78 |
24,240,452 |
-2.24 |
24,796,021 |
Liabilities
|
Total shareholders equity |
2,988,700 |
5.06 |
2,844,782 |
5.81 |
2,688,582 |
5.14 |
2,557,063 |
5.58 |
2,421,841 |
|
Issued share capital |
1,864,148 |
0 |
1,864,148 |
0 |
1,864,148 |
0 |
1,864,148 |
0 |
1,864,148 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
1,124,552 |
14.68 |
980,634 |
18.95 |
824,434 |
18.98 |
692,915 |
24.25 |
557,693 |
|
Provisions for Liabilities & |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
21,586,474 |
-5.94 |
22,950,788 |
57.46 |
14,575,860 |
-32.78 |
21,683,389 |
-3.09 |
22,374,180 |
|
Other long term loans |
- |
- |
- |
- |
- |
- |
10,834 |
-75.00 |
43,334 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
1,647,311 |
13.59 |
1,450,221 |
-4.33 |
1,515,841 |
96.13 |
772,857 |
3.27 |
748,391 |
|
Total long term debts |
1,647,311 |
13.59 |
1,450,221 |
-4.33 |
1,515,841 |
93.42 |
783,691 |
-1.01 |
791,725 |
|
Current portion of long term debt |
- |
- |
- |
- |
10,834 |
-66.67 |
32,500 |
0 |
32,500 |
|
Financial debts |
321,634 |
-94.06 |
5,416,195 |
0.04 |
5,414,180 |
-32.92 |
8,070,657 |
-3.56 |
8,368,993 |
|
Trade creditors |
19,412,183 |
22.02 |
15,909,334 |
113 |
7,436,825 |
-40.93 |
12,588,859 |
-3.01 |
12,979,748 |
|
Amounts Payable for Taxes, |
30,494 |
143 |
12,499 |
-12.48 |
14,281 |
-35.85 |
22,263 |
1.29 |
21,980 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
174,853 |
7.58 |
162,539 |
-11.61 |
183,899 |
-0.82 |
185,419 |
3.45 |
179,235 |
|
Total current liabilities |
19,939,163 |
-7.26 |
21,500,566 |
64.63 |
13,060,019 |
-37.51 |
20,899,698 |
-3.16 |
21,582,455 |
|
Total Liabilities |
24,575,174 |
-4.73 |
25,795,569 |
49.41 |
17,264,442 |
-28.78 |
24,240,452 |
-2.24 |
24,796,021 |
ratio analysis
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.18 |
12.50 |
0.16 |
-5.88 |
0.17 |
-5.56 |
0.18 |
0 |
0.18 |
|
Return on capital employed |
4.40 |
-16.67 |
5.28 |
16.56 |
4.53 |
-22.83 |
5.87 |
16.47 |
5.04 |
|
Return on total assets employed |
0.83 |
-5.68 |
0.88 |
-20.0 |
1.10 |
35.80 |
0.81 |
24.62 |
0.65 |
|
Return on net assets employed |
6.82 |
-14.43 |
7.97 |
12.57 |
7.08 |
-7.69 |
7.67 |
14.65 |
6.69 |
|
Sales / net working capital |
25.87 |
-25.79 |
34.86 |
23.35 |
28.26 |
-21.08 |
35.81 |
13.07 |
31.67 |
|
Stock turnover ratio |
2.48 |
0.81 |
2.46 |
-27.00 |
3.37 |
-32.06 |
4.96 |
63.16 |
3.04 |
|
Creditor days |
62.75 |
52.01 |
41.28 |
68.77 |
24.46 |
-41.83 |
42.05 |
-18.63 |
51.68 |
|
Debtor days |
68.30 |
19.93 |
56.95 |
43.20 |
39.77 |
-35.24 |
61.41 |
-28.18 |
85.51 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.22 |
2.52 |
1.19 |
-8.46 |
1.30 |
13.04 |
1.15 |
0.88 |
1.14 |
|
Liquidity ratio / acid ratio |
1.08 |
4.85 |
1.03 |
1.98 |
1.01 |
13.48 |
0.89 |
-11.88 |
1.01 |
|
Current debt ratio |
6.67 |
-11.77 |
7.56 |
55.56 |
4.86 |
-40.51 |
8.17 |
-8.31 |
8.91 |
|
Liquidity ratio reprocessed |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
|
158,452 |
-8.26 |
172,726 |
12.66 |
153,315 |
-5.21 |
161,737 |
16.95 |
138,291 |
|
Net worth |
|
2,988,700 |
5.06 |
2,844,782 |
5.81 |
2,688,582 |
5.14 |
2,557,063 |
5.58 |
2,421,841 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
|
Gearing |
|
10.76 |
-94.35 |
190.39 |
-5.64 |
201.78 |
-36.41 |
317.32 |
-9.00 |
348.69 |
|
Equity in percentage |
|
12.16 |
10.24 |
11.03 |
-29.16 |
15.57 |
47.58 |
10.55 |
7.98 |
9.77 |
|
Total debt ratio |
|
7.22 |
-10.53 |
8.07 |
48.89 |
5.42 |
-36.08 |
8.48 |
-8.23 |
9.24 |
|
Working capital |
|
4,387,418 |
8.22 |
4,053,990 |
2.61 |
3,951,042 |
28.74 |
3,069,116 |
5.27 |
2,915,413 |
Profit
& loss
|
Operating Income |
113,519,142 |
-19.67 |
141,323,344 |
26.57 |
111,654,284 |
1.60 |
109,899,103 |
19.03 |
92,325,373 |
||||||||||||||
|
Turnover |
113,513,681 |
-19.68 |
141,321,535 |
26.57 |
111,652,987 |
1.60 |
109,897,326 |
19.04 |
92,318,873 |
||||||||||||||
|
Total operating expenses |
112,908,229 |
-19.74 |
140,682,489 |
26.76 |
110,987,347 |
1.58 |
109,264,220 |
19.19 |
91,674,370 |
||||||||||||||
|
Gross Operating Margin |
- |
- |
|
- |
- |
- |
- |
- |
- |
||||||||||||||
|
Operating Charges |
112,913,691 |
-19.74 |
140,684,298 |
26.76 |
110,988,644 |
1.58 |
109,265,998 |
19.18 |
91,680,870 |
||||||||||||||
|
Employee costs |
29,785 |
1.22 |
29,427 |
0.30 |
29,338 |
35.42 |
21,665 |
19.92 |
18,066 |
||||||||||||||
|
Wages and salary |
23,100 |
0.94 |
22,886 |
0.41 |
22,792 |
39.77 |
16,307 |
17.88 |
13,834 |
||||||||||||||
|
Employee pension costs |
- |
- |
|
- |
- |
- |
- |
- |
- |
||||||||||||||
|
Social security contributions |
4,645 |
0.86 |
4,606 |
-3.66 |
4,780 |
45.28 |
3,290 |
23.36 |
2,667 |
||||||||||||||
|
Other employee costs |
2,040 |
5.41 |
1,935 |
9.61 |
1,766 |
-14.60 |
2,067 |
32.15 |
1,564 |
||||||||||||||
|
Director remuneration |
- |
- |
34,100 |
-19.66 |
42,444 |
- |
- |
- |
37,618 |
||||||||||||||
|
Amortization and depreciation |
14,533 |
-12.06 |
16,526 |
-24.17 |
21,795 |
-17.80 |
26,515 |
2.94 |
25,757 |
||||||||||||||
|
Operating result |
605,451 |
-5.26 |
639,046 |
-4.00 |
665,640 |
5.14 |
633,105 |
-1.77 |
644,503 |
||||||||||||||
|
Total financial income |
195 |
662 |
26 |
30.42 |
20 |
478 |
3 |
-97.16 |
119 |
||||||||||||||
|
Total financial expenses |
401,704 |
-2.61 |
412,462 |
-13.23 |
475,368 |
8.80 |
436,905 |
-9.49 |
482,712 |
||||||||||||||
|
Results on ordinary |
203,942 |
-10.00 |
226,610 |
19.09 |
190,292 |
-3.01 |
196,204 |
21.18 |
161,910 |
|
|||||||||||||
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
3,822 |
- |
- |
|
|||||||||||||
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|||||||||||||
|
Extraordinary items |
0 |
- |
0 |
- |
0 |
-100 |
3,822 |
- |
0 |
|
|||||||||||||
|
Results for the Year Before |
203,942 |
-10.00 |
226,610 |
19.09 |
190,292 |
-4.87 |
200,026 |
23.54 |
161,910 |
|
|||||||||||||
|
Taxation |
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|||||||||||||
|
Taxation |
60,024 |
-14.75 |
70,410 |
19.80 |
58,773 |
-9.31 |
64,804 |
31.25 |
49,375 |
|
|||||||||||||
|
Results on ordinary operations after taxation |
143,918 |
-7.86 |
156,200 |
18.77 |
131,519 |
0.09 |
131,400 |
16.76 |
112,535 |
|
|||||||||||||
|
Net result |
143,918 |
-7.86 |
156,200 |
18.77 |
131,519 |
-2.74 |
135,222 |
20.16 |
112,535 |
|
|||||||||||||
|
Profit (Loss) for the Year to be
appropiated |
143,918 |
-7.86 |
156,200 |
18.77 |
131,519 |
-2.74 |
135,222 |
20.16 |
112,535 |
||||||||||||||
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|||||||||||||
|
Social
Balance Sheet Details |
|
|
|
|
|
|
|
|
|
|
Social
Balance Sheet |
|
|
|
Total |
|
|
|
|
|
|
During the reporting year |
|
|
|
|
|
|
|
|
|
|
ended 31-12-2014 |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
- |
|
|
|
|
|
|
Part-time Employees |
|
|
|
1 |
|
|
|
|
|
|
Total Fte Employees |
|
|
|
1 |
|
|
|
|
|
|
Number of hours worked |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
- |
|
|
|
|
|
|
Part-time Employees |
|
|
|
1,391 |
|
|
|
|
|
|
Total |
|
|
|
1,391 |
|
|
|
|
|
|
Personnel Charges |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
- |
|
|
|
|
|
|
Part-time Employees |
|
|
|
- |
|
|
|
|
|
|
Total |
|
|
|
- |
|
|
|
|
|
|
Benefits In Addition To Wages |
|
|
|
- |
|
|
|
|
|
|
During the previous reporting year |
|
|
|
|
|
|
|
|
|
|
Average number employees in Fte |
|
|
|
1 |
|
|
|
|
|
|
Actual working hours |
|
|
|
1,389 |
|
|
|
|
|
|
Personnel Charges |
|
|
|
29,427 |
|
|
|
|
|
|
Benefits In Addition To Wages |
|
|
|
- |
|
|
|
|
|
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|||
|
Unlimited Duration |
- |
1 |
1 |
|||
|
Contracts |
|
|
|
|||
|
Limited Duration Contracts |
- |
- |
- |
|||
|
Contracts For Specific Work |
- |
- |
- |
|||
|
Contracts Regarding |
- |
- |
- |
|||
|
Substitution |
|
|
|
|||
|
Gender and Education |
|
|
|
|
||
|
Level |
|
|
|
|
||
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
||
|
Primary education |
- |
- |
- |
|
||
|
Secondairy education |
- |
- |
- |
|
||
|
Higher education (non |
- |
- |
- |
|
||
|
university) |
|
|
|
|
||
|
Higher education |
- |
- |
- |
|
||
|
(university) |
|
|
|
|
||
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
||
|
Primary education |
- |
- |
- |
|
||
|
Secondairy education |
- |
1 |
1 |
|
||
|
Higher education (non university) |
- |
- |
- |
|
||
|
Higher education (university) |
- |
- |
- |
|
||
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
||
|
Management |
- |
- |
- |
|
||
|
White collar worker |
- |
1 |
1 |
|
||
|
Blue collar worker |
- |
- |
- |
|
||
|
Other |
- |
- |
- |
|
||
|
Temporary personnel |
|
Total |
|
|
||
|
Average number of temporary staff |
|
- |
|
|
||
|
Actual working hours |
|
- |
|
|
||
|
Cost of temporary staff |
|
- |
|
|
||
|
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 |
- |
- |
|
|||
|
Number of training hours |
- |
- |
|
|||
|
Net costs for enterprise |
- |
- |
|
|||
|
Total of less formal and informal
continuing vocational |
|
|
|
|||
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
|||
|
Number of employees |
- |
- |
|
|||
|
Number of training hours |
- |
- |
|
|||
|
Net costs for enterprise |
- |
- |
|
|||
|
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 |
46761 |
|
|
Activity description |
|
Wholesale of diamonds and other
precious stones |
Payment Information
Suspension
of payments / moratorium history
|
Amount |
- |
|
|
Details |
- |
|
|
Payment expectations |
|
|
|
Payment expectation days |
62.75 |
|
|
Day sales outstanding |
68.30 |
|
|
Industry
comparison |
|
|
|
Activity code |
46761 |
|
|
Activity description |
Wholesale of diamonds and other
precious stones |
|
|
Industry average payment expectation days |
107.71 |
|
|
Industry average day sales outstanding |
171.70 |
|
Industry
quartile analysis
Payment
expectations
|
Company result |
62.75 |
|
Lower |
120.34 |
|
Median |
75.64 |
|
Upper |
45.73 |
|
Day
sales outstanding |
|
|
Company result |
68.30 |
|
Lower |
102.84 |
|
Median |
55.21 |
|
Upper |
25.50 |
|
Shareholder
Details |
|
|
|
|
Summary |
|
|
|
|
Group - Number of Companies |
0 |
|
|
|
Linkages - Number of Companies |
0 |
|
|
|
Number of Countries |
0 |
|
|
Group
Structure
No group structure for this company.
Minority
Shareholders
No minority shareholders found
Minority
Interests
No minority interests found
Companies
that match this address
no Companies Match this address
Summary
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
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 |
Principal Manager |
|
Start Date |
10/08/2010 |
|
Street |
22 QUINTEN MATSIJSLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
|
|
|
Name |
GIRISHKUMAR HARILAL PATEL |
|
Position |
Director |
|
Start Date |
06/05/2002 |
|
Street |
22 QUINTEN MATSIJSLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
|
|
|
Former
director details |
|
|
Name |
DINESH VASARAMBHAI NAROLA |
|
Position |
Principal Manager |
|
Start Date |
01/04/2000 |
|
End Date |
30/11/2013 |
|
Street |
12 QUINTEN MATSIJSLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
10/08/2010 |
|
End Date |
31/12/2010 |
|
Street |
12 QUINTEN MATSIJSLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
|
|
|
Former
mandates in other companies |
|
|
Name |
JEWEL GOLDI BVBA |
|
Business number |
861938733 |
|
Position |
Principal Manager |
|
Start Date |
13/11/2003 |
|
End Date |
Unknown date |
DIAMOND INDUSTRY – INDIA
-
From time immemorial, India is well known in the world
as the birthplace for diamonds. It is difficult to trace the origin of
diamonds but history says that in the remote past, diamonds were mined only in
India. Diamond production in India can be traced back to almost 8th
Century B.C. India, in fact, remained undisputed leader till 18th
Century when Brazilian fields were discovered in 1725 followed by emergence of
S. Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was
possible only due to combination of the manufacturing skills of the Indian
workforce and the untiring and unflagging efforts of the Indian diamantaires,
supported by progressive Government policies.
-
The area of study of family owned diamond businesses
derives its importance from the huge conglomerate of family run organizations
which operate in the diamond industry since many generations.
-
Some of the basic traits of family run business
enterprises include spirit of entrepreneurship, mutual trust lowers transaction
costs, small, nimble and quick to react, information as a source of advantage
and philanthropy.
-
Family owned diamond businesses need to improve on
many fronts including higher standard of corporate governance, long-term
performance – focused strategies, modern management and technology.
-
Utmost caution is to be exercised while dealing with some
medium and large diamond traders which are usually engaged in fictitious import
– export, inter-company transactions, financially assisted by banks. In the
process, several public sector banks lost several hundred million rupees. They
mostly diverted borrowed money for diamond business into real estate and
capital markets.
-
Excerpts from Times of India dated 30th
October 2010 is as under –
-
Gem & Jewellery Export Promotion Council in its
statistical data has shown the export of polished diamonds to have increase by
28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in
February, 2012, India exported $ 1.84 billion worth of polished diamonds in
February 2013. A senior executive of GJEPC said, “Export of cut and polished
diamonds started falling month-wise after the imposition of 2 % of import duty
on the polished diamonds. But February, 2013 has given a new ray of hope to the
industry as the export of polished diamonds has actually increased by 28 %. It
means the industry is on the track of recovery and round tripping of
diamonds has stopped completely.” Demand has started coming from the US, the
UK, Japan and China. India’s polished diamond export is expected to cross $ 21
bn in 2013-14.
-
The banking sector has started exercising restraint
while following prudent risk management norms when lending money to gems and
jewellery sector. This follows the implementation of Basel III accord – a
global voluntary regulatory standard on bank capital adequacy, stress testing
and market liquidity.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.61 |
|
|
1 |
Rs.102.30 |
|
Euro |
1 |
Rs.74.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
SDA |
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.