|
|
|
MIRA
INFORM REPORT
|
Report No. : |
490573 |
|
Report Date : |
12.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
MEGHMANI
EUROPE BVBA |
|
|
|
|
Registered Office : |
Uitbreidingstraat
84/3 2600 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
28.10.2004 |
|
|
|
|
Com. Reg. No.: |
869763861 |
|
|
|
|
Legal Form : |
Private
limited liability company |
|
|
|
|
Line of Business : |
Wholesale of chemical
products for industrial use |
|
|
|
|
No. of Employees : |
2 |
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 : |
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 |
869763861 |
|
Branche
Unit Number |
2143270824 |
|
Company name |
MEGHMANI
EUROPE BVBA |
|
Address |
UITBREIDINGSTRAAT
84/3 2600 ANTWERPEN |
|
Date of
establishment |
28/10/2004 |
|
Telephone
number |
3233375357 |
|
Mobile number |
32495578866 |
|
Fax number |
- |
|
Liable
for VAT |
no |
Commentary
The
business was established over 13 years ago.
The
business has 2 employees.
Number of
employees in the latest trading period
increased 100% on the previous trading
period.
The
business has been at the address for
over 2 years.
Operating
Result in the latest trading period
increased 122% on the previous trading
period.
A 26%
growth in Total Assets occurred during
the latest trading period.
Net Worth
is a negative amount during the
latest trading period.
Working
Capital is a negative amount during
the latest trading period.
Turnover in
the latest trading period increased 64%
on the previous trading period.
Annual
accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/03/2012 |
4,426,310 |
8,152 |
-810,705 |
-990,594 |
|
31/03/2011 |
2,691,457 |
-18,111 |
-832,582 |
-1,015,180 |
|
31/03/2010 |
3,651,364 |
-91,933 |
-575,107 |
-744,866 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/03/2012 |
4,116,285 |
2 |
24,750 |
43,958 |
|
31/03/2011 |
3,253,375 |
1 |
24,750 |
-235,081 |
|
31/03/2010 |
5,528,486 |
1 |
24,750 |
-62,155 |
Payment
expectations
|
Past payments |
|
Payment
expectation days |
182.52 |
|
Industry
average payment |
75.93 |
Industry
average day sales |
102.78 |
|
expectation
days |
|
outstanding |
|
|
Day sales
outstanding |
230.17 |
|
|
Court
data summary
BANKRUPTCY DETAILS
|
Court
action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of
summons |
- |
Company
information
|
Business number |
869763861 |
Company name |
MEGHMANI EUROPE |
|
|
|
|
BVBA |
|
Fax number |
- |
Date founded |
28/10/2004 |
|
Company status |
active |
Company type |
Private
limited liability company |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/03/2012 |
|
Activity code |
46751 |
Number of
staff |
2 |
|
Activity
description |
Wholesale
of chemical products for industrial use |
|
|
|
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) |
|
|
JIC Code |
207 |
|
Description |
Joint
committee for the employees off he
chemical industry |
|
category |
|
|
Significant
Events |
|
|
Event Date |
31/01/2007 |
|
Event
Description |
|
|
Event Details |
Vaststelling
nederlandse tekst statuten |
|
Event Date |
31/01/2007 |
|
Event
Description |
|
|
Event Details |
Etablissement
du nouveau texte des statuts en
néerlandais. |
|
Event Date |
28/10/2004 |
|
Event
Description |
Legal creation |
|
Event Details |
|
Company
accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-03-2012 |
% |
31-03-2011 |
% |
31-03-2010 |
% |
31-03-2009 |
% |
31-03-2008 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total
fixed assets |
537,824 |
-4.98 |
566,020 |
-1.93 |
577,145 |
3.57 |
557,275 |
193 |
190,062 |
|
Intangible
fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible
fixed assets |
512,554 |
-4.13 |
534,635 |
-2.80 |
550,029 |
0.51 |
547,214 |
202 |
180,981 |
|
Land
& building |
495,727 |
-2.72 |
509,601 |
-2.65 |
523,475 |
-2.70 |
537,976 |
218 |
169,157 |
|
Plant
& machinery |
0 |
- |
0 |
- |
0 |
-100 |
2,814 |
-55.77 |
6,361 |
|
Furniture
& Vehicles |
16,313 |
-33.24 |
24,433 |
-5.54 |
25,868 |
324 |
6,100 |
386 |
1,253 |
|
Leasing
& Other Similar Rights |
0 |
- |
0 |
- |
0 |
-100 |
324 |
-92.31 |
4,209 |
|
Other tangible
assets |
515 |
-14.29 |
601 |
-12.50 |
686 |
- |
0 |
- |
0 |
|
Financial
fixed assets |
25,270 |
-19.49 |
31,386 |
15.74 |
27,117 |
169 |
10,061 |
10.79 |
9,081 |
|
Total
current assets |
3,578,461 |
33.16 |
2,687,355 |
-45.72 |
4,951,340 |
7.75 |
4,595,196 |
-8.07 |
4,998,715 |
|
Inventories |
543,835 |
-8.42 |
593,844 |
-22.53 |
766,544 |
-15.36 |
905,646 |
-35.02 |
1,393,781 |
|
Raw
materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in
progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
543,835 |
-8.42 |
593,844 |
-22.53 |
766,544 |
-15.36 |
905,646 |
-35.02 |
1,393,781 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
2,791,286 |
49.90 |
1,862,116 |
-52.02 |
3,881,086 |
30.57 |
2,972,439 |
-2.69 |
3,054,457 |
|
Other
amounts receivable |
4,570 |
- |
0 |
-100 |
32,751 |
-75.96 |
136,232 |
-65.65 |
396,597 |
|
Cash |
237,869 |
3.20 |
230,495 |
-14.93 |
270,959 |
-53.35 |
580,879 |
- |
0 |
|
Miscellaneous
current assets |
900 |
0 |
900 |
- |
0 |
- |
0 |
-100 |
153,880 |
|
Total Assets |
4,116,285 |
26.52 |
3,253,375 |
-41.15 |
5,528,486 |
7.30 |
5,152,470 |
-0.70 |
5,188,776 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total
shareholders equity |
-810,705 |
97.37 |
-832,582 |
-44.77 |
-575,107 |
-17.65 |
-488,809 |
-20.65 |
-405,150 |
|
Issued
share capital |
24,750 |
0 |
24,750 |
0 |
24,750 |
0 |
24,750 |
0 |
24,750 |
|
Share
premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation
reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
-835,455 |
97.45 |
-857,332 |
-42.92 |
-599,857 |
-16.80 |
-513,559 |
-19.46 |
-429,900 |
|
Provisions
for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
4,926,990 |
20.58 |
4,085,958 |
-33.06 |
6,103,593 |
8.20 |
5,641,279 |
0.85 |
5,593,927 |
|
Other
long term loans |
357,934 |
-6.65 |
383,422 |
-5.88 |
407,387 |
-10.27 |
454,037 |
16992 |
2,656 |
|
Other
long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
long term debts |
357,934 |
-6.65 |
383,422 |
-5.88 |
407,387 |
-10.27 |
454,037 |
16992 |
2,656 |
|
Current
portion of long term debt |
25,488 |
6.36 |
23,965 |
5.82 |
22,647 |
- |
0 |
-100 |
3,725 |
|
Financial debts |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
1,896,454 |
|
Trade creditors |
2,175,255 |
64.18 |
1,324,938 |
172 |
486,987 |
- |
0 |
-100 |
3,633,746 |
|
Amounts
Payable for Taxes, |
0 |
-100 |
15,284 |
254 |
4,311 |
-88.30 |
36,837 |
-35.76 |
57,345 |
|
Remuneration
& Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous
current liabilities |
2,368,312 |
1.28 |
2,338,348 |
-54.88 |
5,182,262 |
0.62 |
5,150,405 |
- |
0 |
|
Total
current liabilities |
4,569,055 |
23.40 |
3,702,535 |
-35.00 |
5,696,206 |
9.81 |
5,187,243 |
-7.23 |
5,591,270 |
|
Total
Liabilities |
4,116,285 |
26.52 |
3,253,375 |
-41.15 |
5,528,486 |
7.30 |
5,152,470 |
-0.70 |
5,188,776 |
Ratio analysis
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit
Before Tax |
0.18 |
26.87 |
-0.67 |
26.59 |
-2.52 |
-57.50 |
-1.60 |
82.47 |
-1.94 |
|
Return on
capital employed |
-1.80 |
-144 |
4.03 |
-92.65 |
54.81 |
-78.22 |
251.71 |
839 |
26.78 |
|
Return on
total assets employed |
0.20 |
35.71 |
-0.56 |
33.73 |
-1.66 |
97.65 |
-1.70 |
81.73 |
-2.08 |
|
Return on
net assets employed |
-1.01 |
-146 |
2.18 |
-86.37 |
15.99 |
-10.72 |
17.91 |
-32.67 |
26.60 |
|
Sales /
net working capital |
-4.47 |
-68.68 |
-2.65 |
54.08 |
-4.90 |
52.92 |
-9.26 |
98.72 |
-9.38 |
|
Stock
turnover ratio |
12.29 |
-44.29 |
22.06 |
5.10 |
20.99 |
27.14 |
16.51 |
-34.17 |
25.08 |
|
Creditor days |
182.52 |
0.29 |
182.00 |
272 |
48.80 |
- |
- |
- |
239.48 |
|
Debtor days |
230.17 |
-8.85 |
252.53 |
-34.91 |
387.96 |
96.13 |
197.81 |
-1.41 |
200.64 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.78 |
6.85 |
0.73 |
-16.09 |
0.87 |
-2.25 |
0.89 |
0 |
0.89 |
|
Liquidity
ratio / acid ratio |
0.66 |
15.79 |
0.57 |
-21.92 |
0.73 |
2.82 |
0.71 |
10.94 |
0.64 |
|
Current
debt ratio |
-5.64 |
-26.74 |
-4.45 |
44.95 |
-9.90 |
93.31 |
-10.61 |
76.88 |
-13.80 |
|
Cashflow |
43,958 |
18.70 |
-235,081 |
-278 |
-62,155 |
-1.45 |
-61,265 |
67.35 |
-90,960 |
|
Net worth |
-810,705 |
97.37 |
-832,582 |
-44.77 |
-575,107 |
-17.65 |
-488,809 |
-20.65 |
-405,150 |
|
LONG TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
-47.29 |
96.65 |
-48.93 |
65.44 |
-74.77 |
80.49 |
-92.89 |
19.78 |
-469.66 |
|
Equity in
percentage |
-19.70 |
76.98 |
-25.59 |
-146 |
-10.40 |
-9.59 |
-9.49 |
-21.51 |
-7.81 |
|
Total debt
ratio |
-6.08 |
-23.83 |
-4.91 |
46.28 |
-10.61 |
91.94 |
-11.54 |
83.56 |
-13.81 |
|
Working capital |
-990,594 |
97.58 |
-1,015,180 |
-36.29 |
-744,866 |
-25.81 |
-592,047 |
99 |
-592,556 |
Profit
& loss
|
Operating
Income |
4,443,458 |
47.01 |
3,022,486 |
-17.52 |
3,664,289 |
-33.20 |
5,485,245 |
-1.28 |
5,556,594 |
|
Turnover |
4,426,310 |
64.46 |
2,691,457 |
-26.29 |
3,651,364 |
-33.43 |
5,484,745 |
-1.29 |
5,556,594 |
|
Total
operating expenses |
4,349,916 |
63.71 |
2,657,167 |
-27.05 |
3,642,632 |
-33.88 |
5,508,897 |
-0.53 |
5,538,412 |
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Charges |
4,367,064 |
46.14 |
2,988,196 |
-18.26 |
3,655,557 |
-33.65 |
5,509,397 |
-0.52 |
5,538,412 |
|
Employee costs |
130,253 |
32.70 |
98,158 |
73.60 |
56,543 |
-48.24 |
109,250 |
176 |
39,454 |
|
Wages and
salary |
108,679 |
30.69 |
83,156 |
111 |
39,350 |
-59.17 |
96,376 |
187 |
33,472 |
|
Employee
pension costs |
|
- |
- |
- |
- |
- |
- |
- |
- |
|
Social
security contributions |
17,126 |
36.42 |
12,554 |
35.11 |
9,292 |
101 |
4,622 |
-17.52 |
5,604 |
|
Other
employee costs |
4,449 |
81.72 |
2,448 |
-69.02 |
7,902 |
-4.24 |
8,251 |
2082 |
378 |
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization
and depreciation |
22,081 |
-1.40 |
22,394 |
-7.24 |
24,143 |
7.81 |
22,394 |
33.23 |
16,809 |
|
Operating
result |
76,394 |
122 |
34,290 |
292 |
8,731 |
36.15 |
-24,152 |
-232 |
18,181 |
|
Total
financial income |
17,139 |
-79.98 |
85,597 |
128 |
37,418 |
-61.44 |
97,046 |
611 |
13,647 |
|
Total
financial expenses |
85,382 |
-38.13 |
137,999 |
-0.06 |
138,082 |
-13.92 |
160,420 |
14.92 |
139,597 |
|
Results
on ordinary operations before taxation |
8,152 |
45.01 |
-18,111 |
19.70 |
-91,933 |
-5.03 |
-87,526 |
81.22 |
-107,768 |
|
Extraordinary
Income |
21,143 |
-63.53 |
57,980 |
929 |
5,634 |
40.69 |
4,005 |
- |
- |
|
Extraordinary
Charges |
7,417 |
-97.51 |
297,344 |
- |
- |
- |
137 |
- |
- |
|
Extraordinary
items |
13,726 |
5.73 |
-239,364 |
-4348 |
5,634 |
45.67 |
3,868 |
- |
0 |
|
Results
for the Year Before Taxation |
21,877 |
8.50 |
-257,475 |
-198 |
-86,299 |
-3.16 |
-83,658 |
77.63 |
-107,768 |
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Results
on ordinary operations after |
8,152 |
45.01 |
-18,111 |
19.70 |
-91,933 |
-5.03 |
-87,526 |
81.22 |
-107,768 |
|
taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
21,877 |
8.50 |
-257,475 |
-198 |
-86,299 |
-3.16 |
-83,658 |
77.63 |
-107,768 |
|
Profit
(Loss) for the Year to be appropiated |
21,877 |
8.50 |
-257,475 |
-198 |
-86,299 |
-3.16 |
-83,658 |
77.63 |
-107,768 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social
Balance Sheet Details
|
Social
Balance Sheet Details |
|
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-03-2012 |
|
|
Full-time
Employees |
2 |
|
Part-time
Employees |
- |
|
Total Fte
Employees |
2 |
|
Number of
hours worked |
|
|
Full-time
Employees |
3,625 |
|
Part-time
Employees |
- |
|
Total |
3,625 |
|
Personnel
Charges |
|
|
Full-time
Employees |
130,253 |
|
Part-time
Employees |
- |
|
Total |
130,253 |
|
Benefits
In Addition To Wages |
1,051 |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
1 |
|
Actual
working hours |
1,908 |
|
Personnel
Charges |
83,156 |
|
Benefits
In Addition To Wages |
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration |
2 |
- |
2 |
|
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 |
1 |
- |
1 |
|
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 |
2 |
- |
2 |
|
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 |
2 |
- |
2 |
|
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 |
46751 |
|
Activity
description |
Wholesale
of chemical products for industrial use |
Payment
Information
Payment
Information Summary
|
Total
number of Invoices available |
2 |
|
Total number
of Invoices paid within or up to
30 days after the due date |
1 |
|
Total
number of Invoices paid more than
30 days after the due date |
1 |
|
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 |
0 |
Suspension of payments
/ moratorium history
|
Amount |
- |
|
Details |
- |
Payment
expectations
|
Payment
expectation days |
182.52 |
|
Day sales
outstanding |
230.17 |
Industry
comparison
|
Activity code |
46751 |
|
Activity
description |
Wholesale
of chemical products for industrial use |
|
Industry
average payment |
75.93 |
|
expectation
days |
|
|
Industry
average day sales |
102.78 |
|
outstanding |
|
Industry
quartile analysis
|
Payment
expectations |
|
|
Company result |
182.52 |
|
Lower |
82.12 |
|
Median |
44 |
|
Upper |
28.22 |
Day sales outstanding
|
Company result |
230.17 |
|
Lower |
97.40 |
|
Median |
69.35 |
|
Upper |
46.70 |
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
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 |
20/05/2010 |
|
Street |
|
|
Post code |
|
|
Country |
India |
|
Name |
ANAND PATEL |
Former
director details
|
Name |
Ketan Mapara |
|
Position |
Manager |
|
Start Date |
01/04/2006 |
|
End Date |
20/05/2010 |
|
Date of
birth |
21/05/1969 |
|
Street |
14 JAN
CAMPERTLAAN |
|
Post code |
2343 |
|
Country |
The Netherlands |
|
Name |
Jean Hardy |
|
Position |
Manager |
|
Start Date |
28/10/2004 |
|
End Date |
01/04/2006 |
|
Street |
|
|
Post code |
|
|
Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.37 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 78.89 |
|
Euro |
1 |
INR 78.96 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TRU |
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.