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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

504187

Report Date :

19.04.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

NIMA INVESTMENTS B.V.

 

 

Registered Office :

Herikerbergweg 238 Lunaarena, 1101cm Amsterdam

 

 

Country :

Netherlands

 

 

Financials (as on) :

28.09.2014

 

 

Date of Incorporation :

20.10.2011

 

 

Com. Reg. No.:

53785827

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Financial holding

 

[We tried to confirm / obtain the detailed activity but the same is not available from any sources]

 

 

No. of Employees :

Not available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

C

 

Credit Rating

Explanation

Rating Comments

C

Medium High Risk

Business dealings permissible preferably on secured basis

 

Status :

Moderate

 

 

Payment Behaviour :

Slow 

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

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 consistently high trade surplus, stable industrial relations, and low 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 euro zone, 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 80% of banking assets, and is four times the size of Dutch GDP.

In 2008, during the financial crisis, the government budget deficit hit 5.3% of GDP. Following a protracted recession from 2009 to 2013, during which unemployment doubled to 7.4% and household consumption contracted for four consecutive years, economic growth began inching forward in 2014. Since 2010, Prime Minister Mark RUTTE’s government has 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. In 2017, the government budget returned to a surplus of 0.7% of GDP, with economic growth of 3.2%, and GDP per capita finally surpassed pre-crisis levels. The fiscal policy announced by the new government in the 2018-2021 coalition plans for increases in government consumption and public investment, fueling domestic demand and household consumption and investment. The new government’s policy also plans to increase demand for workers in the public and private sector, forecasting a further decline in the unemployment rate, which hit 4.8% in 2017.

 

Source : CIA

 

Company name

 

Name

Nima Investments B.V.

 

 

Summary

 

Company name

Nima Investments B.V.

Operative address

Herikerbergweg 238 LUNAARENA
1101CM AMSTERDAM
Netherlands

Status

Active

 

Legal form

Private Limited Company

Registration number

KvK-nummer: 53785827

VAT-number

851017228

 

Year

2014

Mutation

2013

Mutation

2012

Fixed assets

71.925.148

7,33 

67.014.750

-3,57 

69.493.383

Total receivables

28.623.060

Total equity

100.528.444

50,00 

67.017.653

-3,58 

69.507.155

Short term liabilities

35.968

156,47 

14.024

184,46 

4.930

Working capital

28.603.295

985.201,24 

2.903

-78,92 

13.772

Quick ratio

796,24

65.704,96 

1,21

-68,07 

3,79

Contact information

 

Company name

Nima Investments B.V.

Trade names

A&E Global
Nima Investments Coöperatief U.A.
A&E Global
Nima Investments Coöperatief U.A.
Nima Investments B.V.

Operative address

Herikerbergweg 238 LUNAARENA
1101CM AMSTERDAM
Netherlands

Correspondence address

Postbus 23393
1100DW AMSTERDAM
Netherlands

 

Telephone number

0548-612268

 

 

Registration

 

Registration number

KvK-nummer: 53785827

Branch number

000023639334

VAT-number

851017228

Status

Active

First registration company register

2011-10-20

Memorandum

2011-10-20

Establishment date

2011-10-20

 

Legal form

Private Limited Company

Issued placed capital

EUR 100

Paid up share capital

EUR 100

 

 

Activities

 

SBI

6420: Financial holding

Exporter

No

Importer

No

 

 

Relations

 

Companies on same address (number)

1862

 

 

Management

 

Active management

G.J. van der Marel Gerrit Jan
Netherlands
Competence: Jointly authorized
Function: Manager
Starting date: 2011-12-16
Date of birth: 1948-05-24, Groningen, NL
Involved with the following companies:

American & Efird Global Intermediate Holdings, LLC
P C Stamstraat 19 A
7442ZA NIJVERDAL
Netherlands
Registration number: 54150264
Function: Manager
Starting date: 2011-12-16

 

American & Efird Global Holdings, LLC
P C Stamstraat 19 A
7442ZA NIJVERDAL
Netherlands
Registration number: 54150639
Function: Manager
Starting date: 2011-12-16

 

Esperite N.V.
Herengracht 282
1016BX AMSTERDAM
Netherlands
Registration number: 27187482
Function: Manager
Starting date: 2013-11-21

 

Stichting INA
Herengracht 58
1398AC MUIDEN
Netherlands
Registration number: 27247413
Function: Treasurer
Starting date: 2001-12-28

Management

Name: Nima Management, Ltd.
Office address: c/o Walkers Corporate Services Ltd., 87 Mary Street, George Town, Grand Cayman KYI-9002, Caymaneilanden
Registered in: Companies register/Register of Partnerships George Town, Caymaneilanden with registration number WK-274501
date in function: 25-01-2013 (date Registration type: 08-02-2013)
Titel: Manager A
Authorization: Jointly authorized (met andere Manager(s), zie statuten)

 

 

 

 

Payments

 

Description

Slow

 

Payments within industry

Last quarter

Last year

Average payment period (days)

44

40

Average delay (days)

27

23

 

Quarter

Not overdue

1-30

31-60

61-90

91-120

121+

2018 Q2

56,00%

32,00%

4,00%

1,00%

1,00%

6,00%

2018 Q1

59,00%

27,00%

6,00%

2,00%

2,00%

4,00%

2017 Q4

60,00%

28,00%

4,00%

2,00%

2,00%

5,00%

2017 Q3

41,00%

25,00%

4,00%

1,00%

1,00%

27,00%

2017 Q2

53,00%

34,00%

6,00%

3,00%

1,00%

2,00%

The above data is an indication of the average payment behaviour of the client. the payment experieneces can be affected by disputes, payment arrangements, etc.

 

Key figures

 

Year

2014

2013

2012

Quick ratio

796,24

1,21

3,79

Current ratio

796,24

1,21

3,79

Working capital/ balance total

0,28

0,00

0,00

Equity / balance total

1,00

1,00

1,00

Equity / Fixed assets

1,40

1,00

1,00

Equity / liabilities

2.794,94

4.778,78

14.098,81

Balance total / liabilities

2.795,94

4.779,78

14.099,81

Working capital

28.603.295

2.903

13.772

Equity

100.528.444

67.017.653

69.507.155

Mutation equity

50,00

-3,58

Mutation short term liabilities

156,47

184,46

 

Summary

The 2014 financial result structure is a postive working captial of 28.603.295 euro, which is in agreement with 28 % of the total assets of the company.
The working capital has increased with 985201.24 % compared to previous year. The ratio, with respect to the total assets of the company has however, increased.
The improvement between 2013 and 2014 has mainly been caused by a change of the current assets.
The current ratio of the company in 2014 was 796.24. If the current ratio exeeds 3.0, the company may not be using its current assets or its short-term financing facilities efficiently .
The quick ratio in 2014 of the company was 796.24. A company with a Quick Ratio of more than 1 can currently pay back its current liabilities.

The 2013 financial result structure is a postive working captial of 2.903 euro, which is in agreement with 0 % of the total assets of the company.
The working capital has diminished with -78.92 % compared to previous year. The ratio, with respect to the total assets of the company has however, increased.
The deterioration between 2012 and 2013 has mainly been caused by a change of the current liabilities.
The current ratio of the company in 2013 was 1.21. When the current ratio is below 1.5, the company may have problems meeting its short-term obligations.
The quick ratio in 2013 of the company was 1.21. A company with a Quick Ratio of more than 1 can currently pay back its current liabilities.

Financial statement

 

Last annual account

2014

Remark annual account

Although the statutory period has expired, the company's annual reports are not yet published.

Type of annual account

Corporate

Annual account

Nima Investments B.V.
Herikerbergweg 238 LUNAARENA
1101CM AMSTERDAM
Netherlands
Registration number: 53785827

 

 

Balance

 

Year

2014

2013

2012

End date

2014-09-28

2013-09-29

2012-09-30

Type of annual account

Corporate

Corporate

Corporate

Financial fixed assets

71.925.148

67.014.750

69.493.383

Fixed assets

71.925.148

67.014.750

69.493.383

Total receivables

28.623.060

Liquid funds

16.204

16.927

18.702

Current assets

28.639.263

16.927

18.702

Total assets

100.564.412

67.031.677

69.512.085

Issued capital

67.017.653

69.507.155

Other reserves

100.528.444

Total reserves

100.528.444

Total equity

100.528.444

67.017.653

69.507.155

Short term liabilities

35.968

14.024

4.930

Total short and long term liabilities

35.968

14.024

4.930

Total liabilities

100.564.412

67.031.677

69.512.085

 

Summary

The total assets of the company increased with 50.03 % between 2013 and 2014.
The fixed asset growth of 7.33 % is lower than the total asset growth.
The asset growth has mainly been financed by a debt increase of 156.47 %. The Net Worth, however, grew with 50 %.
In 2014 the assets of the company were 71.52 % composed of fixed assets and 28.48 % by current assets. The assets are being financed by an equity of 99.96 %, and total debt of 0.040000000000006 %.

The total assets of the company decreased with -3.57 % between 2012 and 2013.
The asset reduction results in an equity decrease of -3.58 %. Despite the decrease, the indebtness increased with 184.46 %.
In 2013 the assets of the company were 99.97 % composed of fixed assets and 0.030000000000001 % by current assets. The assets are being financed by an equity of 99.98 %, and total debt of 0.019999999999996 %.

Analysis

 

Branch (SBI)

Financial holding (SBI code 6420)

Region

Groot-Amsterdam

Summary

In the Netherlands 429650 of the companies are registered with the SBI code 6420
In the region Groot-Amsterdam 69337 of the companies are registered with the SBI code 6420
In the Netherlands 933 of the bankrupcties are published within this sector
In the region Groot-Amsterdam 91 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 Groot-Amsterdam is normal

 

Year

2014

Company

2013

Company

2012

Equity

31.093.364

100.528.444 

30.446.164

67.017.653 

30.340.000

Working capital

1.135.340

28.603.295 

694.129

2.903 

609.733

Balance total

66.021.522

100.564.412 

65.870.253

67.031.677 

67.727.000

Quick ratio

1,12

796,24 

1,14

1,21 

1,12

Current ratio

1,38

796,24 

1,38

1,21 

1,37

Equity / balance total

0,61

1,00 

0,59

1,00 

0,58

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 65.68

UK Pound

1

INR 93.98

Euro

1

INR 81.30

Euro

1

INR 81.34 

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

SYL

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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