MIRA INFORM REPORT
|
Report No. : |
339704 |
|
Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
NEWPORT FOODS B.V. |
|
|
|
|
Registered Office : |
Handelsweg 84
2988DB Ridderkerk |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Date of Incorporation : |
26.08.2014 |
|
|
|
|
Com. Reg. No.: |
KvK-nummer: 61323616 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Imports of fresh
and processed foods were from outside Europe; exports of fresh and processed
foods were to countries outside Europe ; wholesale of fresh and processed
foods were within Europe; providing logistics services related to the
aforementioned trade and products, freight shipping and storage; management
activities. |
|
|
|
|
No. of Employees : |
1 |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Business |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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 |
NOTE
In absence of financials, no credit limit could be recommended.
Summary
Company name NEWPORT
FOODS B.V.
Operative address Handelsweg 84
2988DB Ridderkerk
Netherlands
Legal form Private Company
Registration number KvK-nummer:
61323616
VAT-number 854297303
Contact
information
Company name NEWPORT FOODS B.V.
Trade names NEWPORT FOODS B.V.
NEWPORT FOODS
Operative address Handelsweg 84
2988DB Ridderkerk
Netherlands
Correspondence
address Handelsweg 84
2988DB Ridderkerk
Netherlands
Telephone number 0180692211
Registration
Registration
number KvK-nummer:
61323616
Branch number 000030435382
VAT-number 854297303
Status Active
First Registration
Company Register 2014-08-26
Memorandum 2014-08-26
Establishment date
2014-08-26
Legal form Private Company
Issued placed
capital EUR 10.000
Paid up share
capital EUR 10.000
Activities
SBI 4639:
Non-specialized wholesale of food
5221: Support activities for land transport
52291: Forwarding agencies
Exporter Yes
Importer Yes
Goal Imports of fresh and processed foods were from outside Europe; exports of fresh and processed foods were to countries outside Europe ; wholesale of fresh and processed foods were within Europe; providing logistics services related to the aforementioned trade and products, freight shipping and storage; management activities
.
Relations
Shareholders Juan
Cristian Fazio Coll
Percentage: 100%
Companies on same
address (number) 35
Management
Active management J.C. Fazio Coll
Juan Cristian
Netherlands
Competence: Fully authorized
Function: Manager
Starting date: 2014-08-26
Date of birth: 1964-04-12, Estación Central, NL
Employees
Total according to
the Chamber of Commerce 1
Payments
Description Unknown
Financial
statement
Remark annual
account There is no
financial data published
Publications
Functions 27-08-2014: Per
26-08-2014 is bestuurder Juan Cristian Fazio Coll in functie getreden.
Amendments 20-10-2014:
Gestort kapitaal gewijzigd in EUR 10.000,00.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.61 |
|
UK Pound |
1 |
Rs.102.30 |
|
Euro |
1 |
Rs.74.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
VNT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment record
(10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.