|
|
|
MIRA INFORM REPORT
|
Report No. : |
488225 |
|
Report Date : |
01.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
RADIANT DESIGNS BVBA |
|
|
|
|
Registered Office : |
Pelikaanstraat 62, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Date of Incorporation : |
08.03.2017 |
|
|
|
|
Com. Reg. No.: |
672521289 |
|
|
|
|
Legal Form : |
Private limited liability company |
|
|
|
|
Line of Business : |
Subject is engaged in retail
sale of watches and jewellery in specialised stores |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
NB |
|
Credit Rating |
Explanation |
Rating Comments |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
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 summary
|
Business number |
672521289 |
|
Branche Unit Number |
2262271414 |
|
Company name |
RADIANT DESIGNS BVBA |
|
Address |
PELIKAANSTRAAT 62 |
|
|
2018 ANTWERPEN |
|
Date of establishment |
08/03/2017 |
|
Telephone number |
3232260187 |
|
Mobile number |
- |
|
Fax number |
- |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0672.521.289 Check VAT number |
Commentary
The business was established
over 10 months ago.
Newly established businesses are
proven to be more of an insolvency
risk than more established businesses. No
employees are recorded for this business.
The business has been at
the address for over 9 months. The
business has changed address 1 times
in the last year. There has been no significant
change in the business's credit limit.
Annual
accounts
No key Financials Registered
|
Payment
expectations |
|
|
|
|
Past payments |
|
Payment expectation days |
- |
|
Industry average payment |
88.73 |
Industry average day sales |
37.35 |
|
expectation days |
|
outstanding |
|
Court
data summary
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
Company information
|
Business number |
672521289 |
Company name |
RADIANT DESIGNS BVBA |
|
Fax number |
- |
Date founded |
08/03/2017 |
|
Company status |
active |
Company type |
Private limited liability company |
|
Currency |
Euro (€) |
Date of latest accounts |
- |
|
Activity code |
47770 |
||
|
Activity description |
Retail sale of watches and
jewellery in specialised stores |
||
|
Belgian Bullettin of Acts |
moniteur belge Publications |
Contractor details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel
(NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint
Industrial Committee (JIC) |
|
Significant
Events
|
Event Date |
08/03/2017 |
|
Event Description |
Legal creation |
|
Event Details |
|
Company accounts
Annual
accounts
here is no data for this
company
Industry
comparison
|
Activity code |
47770 |
|
Activity description |
Retail sale of watches and
jewellery in specialised stores |
Payment Information
|
Suspension of payments /
moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
- |
|
Day sales outstanding |
- |
|
Industry comparison |
|
|
Activity code |
47770 |
|
Activity description |
Retail sale of watches and
jewellery in specialised stores |
|
Industry average payment |
88.73 |
|
expectation days |
|
|
Industry average day sales |
37.35 |
|
outstanding |
|
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
- |
|
Lower |
104.33 |
|
Median |
41.47 |
|
Upper |
15.16 |
Day
sales outstanding
|
Company result |
- |
|
Lower |
25.26 |
|
Median |
8.60 |
|
Upper |
2.91 |
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
|
Business |
Company name |
Date of |
|
number |
|
accounts |
|
452154018 |
ANTEX INTERNATIONAL DIAMOND CY
BVBA |
31/12/2016 |
|
891846209 |
RSD BVBA |
31/12/2014 |
|
404107740 |
ANTWERP DIAMOND CUTTING NV |
31/12/2012 |
|
437451291 |
LIMO DIAMONDS BVBA |
31/12/2005 |
|
479736264 |
DIABRO EBVBA |
31/12/2016 |
|
435398356 |
MEANDIAM BVBA |
31/12/1999 |
|
863211413 |
ADLER R. BVBA |
31/12/2016 |
|
412829327 |
ALDIAEM BVBA |
31/12/2000 |
|
412088266 |
PAG GEMS NV |
- |
|
870077825 |
LA JOLLA TRADING NV |
31/12/2011 |
|
429129582 |
JOJO MANUFACTURING NV |
31/12/2000 |
|
432103326 |
MONNICKENDAM AND AKADIAM
MANUFACTURING COMPANY NV |
31/12/2004 |
|
459939851 |
ANTWERP DIAMOND WORKS EBVBA |
30/03/2016 |
|
542591769 |
NICOLE DECOMBES BVBA |
31/12/2016 |
|
431371866 |
I.B. INTERNATIONAL BVBA |
- |
|
475242491 |
BARSAMIAN MANUFACTURING NV |
31/12/2003 |
|
447257496 |
HARDWILL DIAMONDS BVBA |
31/12/2016 |
|
507483907 |
REICHMANN HENRY |
- |
|
453918725 |
ELIDIAM BVBA |
31/12/2016 |
|
421738281 |
SOCIÉTÉ ANVERSOISE DE GEMMOLOGIE
BVBA |
- |
|
422521508 |
HAKIM ET CIE BVBA |
- |
|
847574122 |
D-TRADERS BVBA |
30/03/2016 |
|
440183624 |
A. HABERKORN - PH. ROTHMAN
BVBA |
- |
|
430033860 |
AREMCO BVBA |
31/12/2016 |
|
437313612 |
ADDO DIAMONDS BVBA |
31/12/2016 |
|
404930161 |
ASSOCIATED DIAMOND CUTTERS BVBA |
- |
|
463611401 |
FAR EAST DIAMOND DISTRIBUTORS
COMPANY BVBA |
31/12/2001 |
|
444603161 |
VAHE OSKANIAN DIAMONDS NV |
31/12/2016 |
|
460993290 |
MAISENBACHER DIAMONDS EBVBA |
31/12/2016 |
|
404932834 |
BAUMGOLD OF ANTWERP BVBA |
- |
|
525731486 |
DIAMPREST ANTWERP BVBA |
31/12/2016 |
|
866050840 |
ANGOLEONE BVBA |
31/12/2013 |
|
825191569 |
PERCEPT DIAMONDS BVBA |
31/12/2016 |
|
833972049 |
KLP DIAMONDS BVBA |
31/12/2016 |
|
459521563 |
CLUBRESTO EBVBA |
31/12/1999 |
|
432335136 |
S. LOONSTEEN DIAMONDS V.O.F. |
- |
|
418388021 |
RENÉ J. BENYACAR EN SON NV |
31/12/1998 |
|
448691217 |
SOBAV INTERNATIONAL BVBA |
31/12/2000 |
|
441618234 |
D.I.S. BVBA |
- |
|
404738735 |
VENNOOTSCHAP VOOR BEHEER EN
VALORISATIE VAN ONROERENDE |
29/06/2014 |
|
|
GOEDEREN NV |
|
|
429971504 |
BRUDIAMS BVBA |
- |
|
406299346 |
DIAMFAB BVBA |
30/07/2006 |
|
416730113 |
VICTORY DC NV |
31/12/2016 |
|
421953661 |
SOCOFIN BVBA |
- |
|
416304697 |
D. EN D. DE BELDER NV |
- |
|
418037138 |
AD. BULWIK EN ZOON BVBA |
- |
|
427274607 |
OGEM BVBA |
- |
|
421185579 |
SUBHA DIAMONDS BVBA |
- |
|
809646033 |
EXELCO BOTSWANA BVBA |
31/12/2013 |
|
830951290 |
DIAMANTAIRE 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
There is no data for
this company
Bankruptcy
and other legal events
There is no data for
this company
Director
details
Current director details
|
Position |
Manager |
|
Start Date |
08/03/2017 |
|
Street |
|
|
Post code Country |
|
|
Name |
Sonik Jhaveri |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.69 |
|
|
1 |
INR 90.35 |
|
Euro |
1 |
INR 79.21 |
|
BDT |
1 |
INR 0.77 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
KET |
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.