|
|
|
MIRA INFORM REPORT
|
Report No. : |
506166 |
|
Report Date : |
30.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
EUROSTAR DIAMOND TRADERS
NV |
|
|
|
|
Registered Office : |
Hoveniersstraat
53-Bus 79, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
22.02.1991 |
|
|
|
|
Com. Reg. No.: |
443117279 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Diamonds and
Other Precious Stones. |
|
|
|
|
No. of Employees : |
35 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Belgium |
A2 |
A2 |
|
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 |
BELGIUM - ECONOMIC OVERVIEW
Belgium’s central geographic location and highly developed transport network have helped develop a well-diversified economy, with a broad mix of transport, services, manufacturing, and high tech. Service and high-tech industries are concentrated in the northern Flanders region while the southern region of Wallonia is home to industries like coal and steel manufacturing. Belgium is completely reliant on foreign sources of fossil fuels, and the planned closure of its seven nuclear plants by 2025 should increase its dependence on foreign energy. Its role as a regional logistical hub makes its economy vulnerable to shifts in foreign demand, particularly with EU trading partners. Roughly three-quarters of Belgium's trade is with other EU countries, and the port of Zeebrugge conducts almost half its trade with the United Kingdom alone, leaving Belgium’s economy vulnerable to the outcome of negotiations on the UK’s exit from the EU.
Belgium’s GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP. Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial differences between the regions. The economy largely recovered from the March 2016 terrorist attacks that mainly impacted the Brussels region tourist and hospitality industry. Prime Minister Charles MICHEL's center-right government has pledged to further reduce the deficit in response to EU pressure to decrease Belgium's high public debt of about 104% of GDP, but such efforts could also dampen economic growth. In addition to restrained public spending, low wage growth and higher inflation promise to curtail a more robust recovery in private consumption.
The government has pledged to pursue a reform program to improve Belgium’s competitiveness, including changes to labor market rules and welfare benefits. These changes have generally made Belgian wages more competitive regionally, but risk worsening tensions with trade unions and triggering extended strikes. In 2017, Belgium approved a tax reform plan to ease corporate rates from 33% to 29% by 2018 and down to 25% by 2020. The tax plan also included benefits for innovation and SMEs, intended to spur competitiveness and private investment.
|
Source
: CIA |
COMPANY NAME
EUROSTAR DIAMOND TRADERS
NV
COMPANY SUMMARY
|
Business number |
443117279 |
|
Branche Unit Number |
2052038562 |
|
Company name |
EUROSTAR DIAMOND TRADERS NV |
|
Address |
HOVENIERSSTRAAT 53-BUS 79 2018 ANTWERPEN |
|
Date of establishment |
22/02/1991 |
|
Telephone number |
3232137777 |
|
Mobile number |
- |
|
Fax number |
032137799 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0443.117.279 Check VAT
number |
Commentary
The business
was established over 27 years ago.
The business
has 35 employees.
The business
has been at the address for over
13 years.
Net
Worth decreased by 82% during the
latest trading period.
A
44% decline in Total Assets occurred
during the latest trading period.
The business
saw a decrease in their Cash Balance
of 74% during the latest trading period.
Turnover
in the latest trading period decreased
30% on the previous trading period.
ANNUAL ACCOUNTS
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
1,652,991,484 |
-248,324,561 |
55,743,273 |
17,139,690 |
|
31/12/2015 |
2,384,241,112 |
-29,982,179 |
320,115,892 |
265,980,073 |
|
31/12/2014 |
2,496,816,416 |
9,271,248 |
288,329,596 |
217,174,380 |
|
Accounts |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
423,960,942 |
35 |
156,519,000 |
-247,444,626 |
|
31/12/2015 |
765,009,716 |
37 |
165,000,000 |
-29,484,251 |
|
31/12/2014 |
672,424,061 |
40 |
135,894,000 |
8,313,578 |
PAYMENT EXPECTATIONS
|
Past payments |
|
Payment expectation days |
45.27 |
|
Industry average payment expectation days |
202.59 |
Industry average day
sales outstanding |
211.65 |
|
Day sales outstanding |
41.76 |
|
|
COURT DATA SUMMARY
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
Company information
|
Business number |
443117279 |
Company name |
EUROSTAR DIAMOND TRADERS NV |
|
Fax number |
032137799 |
Date founded |
22/02/1991 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2016 |
|
Activity code |
46761 |
Number of staff |
35 |
|
Activity description |
Wholesale of diamonds and other precious stones |
|
|
|
Belgian Bullettin of Acts
Publications |
moniteur belge |
|
|
Contractor details
|
Registered contractor number |
- |
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel
(NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint
Industrial Committee (JIC) |
|
|
Significant Events |
|
|
Event Date |
16/09/2015 |
|
Event Description |
|
|
Event Details |
Rechtzetting Akte Dd. 01 September 2015. |
|
Event Date |
03/06/2003 |
|
Event Description |
Merger by acquisition |
|
Event Details |
|
COMPANY ACCOUNTS
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
Annual
accounts |
31-12-2016 |
% |
31-12-2015 |
% |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total
fixed assets |
39,594,053 |
-30.16 |
56,695,375 |
-22.97 |
73,606,290 |
2.09 |
72,101,102 |
-19.61 |
89,691,568 |
|
Intangible
fixed assets |
6,638 |
-58.25 |
15,900 |
-22.16 |
20,427 |
- |
0 |
-100 |
1,503 |
|
Tangible
fixed assets |
5,552,373 |
-10.95 |
6,235,399 |
18.54 |
5,260,011 |
13.01 |
4,654,527 |
-0.61 |
4,682,985 |
|
Land
& building |
5,009,206 |
-8.16 |
5,454,200 |
19.73 |
4,555,546 |
10.72 |
4,114,508 |
-1.61 |
4,181,690 |
|
Plant
& machinery |
420,771 |
-37.32 |
671,250 |
7.70 |
623,243 |
34.69 |
462,733 |
5.63 |
438,073 |
|
Furniture
& Vehicles |
122,396 |
11.32 |
109,949 |
35.37 |
81,223 |
5.09 |
77,286 |
22.24 |
63,223 |
|
Leasing
& Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other
tangible assets |
0 |
- |
0 |
0 |
-1 |
- |
0 |
0 |
-1 |
|
Financial
fixed assets |
34,035,041 |
-32.53 |
50,444,076 |
-26.17 |
68,325,852 |
1.30 |
67,446,575 |
-20.66 |
85,007,080 |
|
Total
current assets |
384,366,889 |
-45.73 |
708,314,341 |
18.29 |
598,817,771 |
4.64 |
572,276,544 |
11.00 |
515,547,137 |
|
Inventories |
131,863,271 |
-52.02 |
274,803,311 |
8.59 |
253,053,513 |
-4.75 |
265,670,187 |
-2.16 |
271,535,104 |
|
Raw
materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work
in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished
goods |
131,863,271 |
-52.02 |
274,803,311 |
8.59 |
253,053,513 |
-4.75 |
265,670,187 |
-2.16 |
271,535,104 |
|
Other
stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
debtors |
189,122,970 |
-48.76 |
369,067,195 |
29.54 |
284,902,574 |
8.71 |
262,086,597 |
40.95 |
185,941,607 |
|
Other
amounts receivable |
60,507,474 |
10.64 |
54,687,486 |
-6.49 |
58,484,430 |
42.16 |
41,139,759 |
-25.83 |
55,465,980 |
|
Cash |
2,172,480 |
-74.36 |
8,472,500 |
462 |
1,506,088 |
-35.24 |
2,325,767 |
12.67 |
2,064,188 |
|
Miscellaneous
current assets |
700,694 |
-38.08 |
1,131,548 |
51.74 |
745,731 |
-21.13 |
945,527 |
120 |
428,382 |
|
Total
Assets |
423,960,942 |
-44.58 |
765,009,716 |
13.77 |
672,424,061 |
4.35 |
644,377,646 |
6.47 |
605,238,705 |
LIABILITIES
|
Total shareholders equity |
55,749,911 |
-82.59 |
320,131,792 |
11.02 |
288,350,023 |
16.81 |
246,864,122 |
-0.95 |
249,229,356 |
|
Issued share capital |
156,519,000 |
-5.14 |
165,000,000 |
21.42 |
135,894,000 |
13.58 |
119,641,500 |
-4.33 |
125,053,500 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
-100,769,089 |
-164 |
155,131,792 |
1.76 |
152,456,023 |
19.83 |
127,222,622 |
2.45 |
124,175,856 |
|
Provisions for Liabilities & Charges |
0 |
-100 |
1,126,000 |
21.42 |
927,374 |
13.58 |
816,463 |
-4.33 |
853,395 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
368,211,031 |
-17.02 |
443,751,924 |
15.82 |
383,146,664 |
-3.42 |
396,697,061 |
11.70 |
355,155,953 |
|
Other long term loans |
983,832 |
-30.60 |
1,417,656 |
-5.70 |
1,503,273 |
-22.09 |
1,929,400 |
-45.36 |
3,531,364 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
1 |
|
Total long term debts |
983,832 |
-61.32 |
2,543,656 |
4.65 |
2,430,647 |
-11.48 |
2,745,863 |
-37.38 |
4,384,760 |
|
Current portion of long term debt |
41,772 |
-83.24 |
249,164 |
-21.03 |
315,510 |
1.38 |
311,219 |
8.90 |
285,781 |
|
Financial debts |
130,096,136 |
-30.59 |
187,428,932 |
5.61 |
177,479,929 |
-24.99 |
236,604,865 |
15.74 |
204,420,957 |
|
Trade creditors |
233,320,947 |
-7.40 |
251,973,249 |
25.10 |
201,414,429 |
29.12 |
155,990,397 |
8.27 |
144,072,283 |
|
Amounts Payable for Taxes, Remuneration &
Social Security |
302,821 |
-83.19 |
1,801,291 |
4.17 |
1,729,144 |
304 |
427,447 |
-43.47 |
756,163 |
|
Miscellaneous current liabilities |
3,465,523 |
293 |
881,632 |
25.16 |
704,379 |
-50.87 |
1,433,733 |
-31.38 |
2,089,405 |
|
Total current liabilities |
367,227,199 |
-16.98 |
442,334,268 |
15.90 |
381,643,391 |
-3.32 |
394,767,661 |
12.27 |
351,624,589 |
|
Total Liabilities |
423,960,942 |
-44.58 |
765,009,716 |
13.77 |
672,424,061 |
4.35 |
644,377,646 |
6.47 |
605,238,705 |
RATIO ANALYSIS
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-15.02 |
-1092 |
-1.26 |
-440 |
0.37 |
23.33 |
0.30 |
0 |
0.30 |
|
Return on capital employed |
-437.70 |
-4611 |
-9.29 |
-391 |
3.19 |
16.42 |
2.74 |
14.64 |
2.39 |
|
Return on total assets
employed |
-58.57 |
-1394 |
-3.92 |
-384 |
1.38 |
30.19 |
1.06 |
6.00 |
1.00 |
|
Return on net assets employed |
-445.43 |
-4653 |
-9.37 |
-390 |
3.22 |
16.25 |
2.77 |
13.99 |
2.43 |
|
Sales / net working
capital |
96.44 |
976 |
8.96 |
-22.09 |
11.50 |
-10.44 |
12.84 |
2.56 |
12.52 |
|
Stock turnover ratio |
7.98 |
-30.79 |
11.53 |
13.71 |
10.14 |
-13.04 |
11.66 |
-11.87 |
13.23 |
|
Creditor days |
45.27 |
17.83 |
38.42 |
29.36 |
29.70 |
17.62 |
25.25 |
-2.96 |
26.02 |
|
Debtor days |
41.76 |
-26.09 |
56.50 |
35.65 |
41.65 |
-0.79 |
41.98 |
26.94 |
33.07 |
|
SHORT TERM STABILITY
|
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.05 |
-34.38 |
1.60 |
1.91 |
1.57 |
8.28 |
1.45 |
-1.36 |
1.47 |
|
Liquidity ratio /
acid ratio |
0.69 |
-29.59 |
0.98 |
7.69 |
0.91 |
16.67 |
0.78 |
13.04 |
0.69 |
|
Current debt ratio |
6.59 |
377 |
1.38 |
4.55 |
1.32 |
-17.50 |
1.60 |
13.48 |
1.41 |
|
Cashflow |
-247,444,626 |
-739 |
-29,484,251 |
-454 |
8,313,578 |
-5.31 |
8,779,324 |
46.95 |
5,974,203 |
|
Net worth |
55,743,273 |
-82.59 |
320,115,892 |
11.02 |
288,329,596 |
16.80 |
246,864,122 |
-0.95 |
249,227,853 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
235.20 |
298 |
59.07 |
-5.00 |
62.18 |
-35.73 |
96.75 |
15.80 |
83.55 |
|
Equity in percentage |
13.15 |
-68.58 |
41.85 |
-2.40 |
42.88 |
11.93 |
38.31 |
-6.97 |
41.18 |
|
Total debt ratio |
6.60 |
374 |
1.39 |
4.51 |
1.33 |
-17.39 |
1.61 |
12.59 |
1.43 |
|
Working capital |
17,139,690 |
-93.56 |
265,980,073 |
22.47 |
217,174,380 |
22.35 |
177,508,883 |
8.29 |
163,922,548 |
PROFIT & LOSS
|
Operating Income |
1,653,533,779 |
-30.67 |
2,385,039,010 |
-4.49 |
2,497,105,301 |
9.56 |
2,279,245,593 |
11.04 |
2,052,720,510 |
|
Turnover |
1,652,991,484 |
-30.67 |
2,384,241,112 |
-4.51 |
2,496,816,416 |
9.56 |
2,278,879,219 |
11.05 |
2,052,065,925 |
|
Total operating expenses |
1,881,166,479 |
-21.41 |
2,393,630,319 |
-3.29 |
2,475,173,612 |
9.79 |
2,254,536,677 |
11.56 |
2,020,888,500 |
|
Gross Operating Margin |
- |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
1,881,708,774 |
-21.41 |
2,394,428,217 |
-3.27 |
2,475,462,497 |
9.78 |
2,254,903,051 |
11.54 |
2,021,543,085 |
|
Employee costs |
3,400,722 |
-23.74 |
4,459,365 |
7.70 |
4,140,704 |
15.79 |
3,576,150 |
3.03 |
3,470,852 |
|
Wages and salary |
- |
- |
3,210,195 |
7.93 |
2,974,204 |
14.87 |
2,589,236 |
9.18 |
2,371,615 |
|
Employee pension costs |
- |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
- |
- |
970,193 |
13.71 |
853,247 |
18.19 |
721,918 |
-11.70 |
817,594 |
|
Other employee costs |
3,400,722 |
1118 |
278,977 |
-10.94 |
313,253 |
18.21 |
264,996 |
-5.91 |
281,642 |
|
Director remuneration |
- |
- |
0 |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
482,481 |
-2.19 |
493,261 |
36.06 |
362,522 |
1.11 |
358,540 |
14.11 |
314,194 |
|
Operating result |
-228,174,995 |
-2330 |
-9,389,207 |
-143 |
21,642,804 |
-11.09 |
24,342,542 |
-21.92 |
31,177,425 |
|
Total financial income |
3,605,804 |
10.18 |
3,272,636 |
-48.21 |
6,319,636 |
316 |
1,518,934 |
-16.76 |
1,824,718 |
|
Total financial expenses |
23,755,370 |
-0.46 |
23,865,608 |
27.68 |
18,691,192 |
-1.69 |
19,012,086 |
-29.41 |
26,934,953 |
|
Results on ordinary operations before taxation |
-248,324,561 |
-728 |
-29,982,179 |
-423 |
9,271,248 |
35.36 |
6,849,390 |
12.89 |
6,067,190 |
|
Extraordinary Income |
399,528 |
4549 |
8,593 |
- |
- |
- |
17,135,940 |
42308 |
40,407 |
|
Extraordinary Charges |
- |
- |
22,758 |
- |
- |
- |
13,610,350 |
14638 |
92,345 |
|
Extraordinary items |
399,528 |
2820 |
-14,165 |
- |
0 |
-100 |
3,525,590 |
6788 |
-51,938 |
|
Results for the Year
Before Taxation |
-247,925,033 |
-726 |
-29,996,344 |
-423 |
9,271,248 |
-10.64 |
10,374,979 |
72.48 |
6,015,252 |
|
Taxation |
2,075 |
11.02 |
-18,832 |
-101 |
1,320,192 |
-32.44 |
1,954,195 |
450 |
355,244 |
|
Results on ordinary operations
after taxation |
-248,326,636 |
-728 |
-29,963,347 |
-476 |
7,951,056 |
62.43 |
4,895,195 |
-14.30 |
5,711,946 |
|
Net result |
-247,927,107 |
-727 |
-29,977,512 |
-477 |
7,951,056 |
-5.58 |
8,420,784 |
48.78 |
5,660,009 |
|
Profit (Loss) for the
Year to be appropiated |
-247,927,107 |
-727 |
-29,977,512 |
-477 |
7,951,056 |
-5.58 |
8,420,784 |
48.78 |
5,660,009 |
|
Dividends |
- |
- |
0 |
- |
- |
- |
- |
|
|
Social Balance Sheet Details
|
|
|
|
Social
Balance Sheet Details |
|
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2016 |
|
|
Full-time
Employees |
32 |
|
Part-time
Employees |
4 |
|
Total
Fte Employees |
35 |
|
Number
of hours worked |
|
|
Full-time
Employees |
55,688 |
|
Part-time
Employees |
3,804 |
|
Total |
59,492 |
|
Personnel
Charges |
|
|
Full-time
Employees |
3,183,276 |
|
Part-time
Employees |
217,447 |
|
Total |
3,400,722 |
|
Benefits
In Addition To Wages |
- |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
35 |
|
Actual
working hours |
59,492 |
|
Personnel
Charges |
3,400,722 |
|
Benefits
In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited
Duration |
31 |
4 |
33 |
|
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 |
19 |
- |
19 |
|
Higher
education (non university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
12 |
4 |
14 |
|
Higher
education (non university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
31 |
4 |
33 |
|
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 |
1 |
- |
1 |
|
Leavers |
5 |
- |
5 |
|
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 |
|
industry average credit rating |
69.57 |
|
Industry average credit
limit |
181076.06 |
Payment Information
|
Payment Information Summary |
|
|
Total number of Invoices
available |
118 |
|
Total number of Invoices paid within or up to 30 days after the due date |
96 |
|
Total number of Invoices paid more
than 30 days after the due date |
20 |
|
Total number of Invoices currently
outstanding where the due date has not yet been
reached |
0 |
|
Total number of Invoices currently
outstanding beyond the due date |
2 |
|
Suspension of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment
Expectations |
|
|
Payment expectation days |
45.27 |
|
Day sales outstanding |
41.76 |
|
Industry
comparison |
|
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds
and other precious stones |
|
Industry average payment expectation days |
202.59 |
|
Industry average day sales
outstanding |
211.65 |
INDUSTRY QUARTILE ANALYSIS
PAYMENT EXPECTATIONS
|
Company Result |
45.27 |
|
Lower |
132.04 |
|
Median |
58.79 |
|
Upper |
25.65 |
DAY SALES OUTSTANDING
|
Company result |
41.76 |
|
Lower |
136.36 |
|
Median |
81.74 |
|
Upper |
44.49 |
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
|
Business
number |
Company
name |
|
Date
of accounts |
|
347532632 |
EUROSTARS
FRANCE |
- |
31/12/2016 |
Companies that match this address
|
Business number |
Company name |
Date of
accounts |
|
467087266 |
SAM
DIAMONDS NV |
31/12/2014 |
|
452005152 |
EURO
JEWELLERY EBVBA |
31/12/2016 |
|
426722695 |
EUROSTAR
BEVEL BVBA |
31/12/2003 |
|
430000010 |
ALMAZI
INTERNATIONAL BVBA |
31/12/2014 |
|
425534347 |
EUROSTAR
DIAMOND POLISHERS BVBA |
31/12/2005 |
|
424507434 |
EUROSTAR
DIAMOND MANUFACTURING BVBA |
31/12/2002 |
|
875128060 |
BLISS
DIAMONDS BVBA |
31/12/2016 |
Linked Companies
|
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
no data for this
company
Bankruptcy and
other legal events
There
is no data for this company
DIRECTOR DETAILS
CURRENT DIRECTOR DETAILS
|
Position |
Managing
Director |
|
Start
Date |
01/09/2015 |
|
Street |
|
|
Post
code |
|
|
Country |
|
|
Name |
Kunal
Mehta |
|
Position |
Director |
|
Start
Date |
13/10/2006 |
|
Street |
|
|
Post
code |
|
|
Country |
|
|
Name |
Kaushik
Mehta |
|
Position |
Managing
Director |
|
Start
Date |
30/06/2010 |
|
Date
of birth |
29/06/1949 |
|
Street |
25
EEKHOORNLAAN ANTWERPEN |
|
Post
code |
2610 |
|
Country |
Belgium |
|
Name |
Raj
Kothari |
|
Position |
Director |
|
Start
Date |
01/01/2011 |
|
Date
of birth |
20/05/1966 |
|
Street |
97
INGENIEUR HAESAERTSLAAN ANTWERPEN |
|
Post
code |
2610 |
|
Country |
Belgium |
|
Former
director details |
|
|
Name |
Sachin
Mehta |
|
Position |
Managing
Director |
|
Start
Date |
30/06/2010 |
|
End
Date |
01/09/2015 |
|
Date
of birth |
09/01/1964 |
|
Street |
39
FAZANTENLAAN ANTWERPEN |
|
Post
code |
2610 |
|
Country |
Belgium |
|
Name |
Ashish
Kothari |
|
Position |
Managing
Director |
|
Start
Date |
30/06/2010 |
|
End
Date |
01/09/2015 |
|
Street |
7
FAZANTENLAAN ANTWERPEN |
|
Post
code |
2610 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.78 |
|
|
1 |
INR 92.89 |
|
Euro |
1 |
INR 80.74 |
|
EUR |
1 |
INR 80.47 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
NIT |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.