|
|
|
MIRA INFORM REPORT
|
Report No. : |
483974 |
|
Report Date : |
02.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ALBEMARLE EUROPE SPRL |
|
|
|
|
Registered Office : |
Rue Du Bosquet 9 1348
Ottignies-Louvain-La-Neuve |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
13.05.1964 |
|
|
|
|
Com. Reg. No.: |
403062021 |
|
|
|
|
Legal Form : |
Private limited liability company |
|
|
|
|
Line of Business : |
Wholesale of chemical
products for industrial use |
|
|
|
|
No. of Employees : |
76 |
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 : |
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 (30.06.2017) |
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. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. Belgium is 100% 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.
Belgium’s GDP grew by 1.4% in 2016, unemployment at yearend was 8.4%, and the budget deficit was 2.7% of GDP. The economy largely recovered from the March 2016 terrorist attacks, which 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 107% 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 tax policy, 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.
|
Source
: CIA |
Company
summary
|
Business number |
403062021 |
|
Branche Unit Number |
2039105888 |
|
Company name |
ALBEMARLE EUROPE SPRL |
|
Address |
RUE DU BOSQUET 9 |
|
|
1348 OTTIGNIES-LOUVAIN-LA-NEUVE |
|
Date of establishment |
13/05/1964 |
|
Telephone number |
3210481711 |
|
Mobile number |
- |
|
Fax number |
010481717 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0403.062.021 Check VAT number |
Ultimate
holding company
|
Company name |
Company Number |
|
ALBEMARLE CORPORATION |
- |
Commentary
The business was established over
53 years ago.
The business has 76 employees.
The business is part of a
group.
The business has been at the
address for over 19 years.
Operating Result in the latest
trading period increased 87% on the
previous trading period.
The business saw an increase
in their Cash Balance of 223% during
the latest trading period.
Annual
accounts
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
31/12/2014 |
846,511,130 |
2,192,461 |
405,563,256 |
163,691,056 |
|
31/12/2013 |
774,184,229 |
-23,089,418 |
351,438,857 |
109,283,404 |
|
31/12/2012 |
848,522,560 |
18,120,578 |
302,971,692 |
119,609,839 |
|
Accounts |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
1,271,766,751 |
76 |
385,808,431 |
5,572,573 |
|
31/12/2013 |
1,260,567,955 |
78 |
327,130,353 |
-3,818,370 |
|
31/12/2012 |
1,217,553,020 |
80 |
263,430,353 |
33,306,395 |
Payment
expectations
|
Past payments |
|
Payment expectation days |
23.84 |
|
Industry average payment |
75.95 |
Industry average day sales |
101.35 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
23.05 |
|
|
Court
data summary
BANKRUPTCY
DETAILS
|
Court action type |
no |
PROTESTED
BILLS
|
Bill amount |
- |
NSSO
DETAILS
|
Date of summons |
- |
Company
information
|
Business number |
403062021 |
Company name |
ALBEMARLE EUROPE SPRL |
|
Fax number |
010481717 |
Date founded |
13/05/1964 |
|
Company status |
active |
Company type |
Private limited liability company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
46751 |
Number of staff |
76 |
|
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 |
09/07/2015 |
|
Event Description |
|
|
Event Details |
Les 11.619 nouvelles parts
sociales sont attribuées à la société
de droit américain 'Albemarle corporation'. |
Company accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
1,011,290,164 |
-0.62 |
1,017,554,971 |
1.22 |
1,005,332,710 |
5.29 |
954,858,197 |
4.52 |
913,533,318 |
|
Intangible fixed |
28,621,875 |
-24.15 |
37,736,583 |
-15.58 |
44,701,561 |
-2.32 |
45,761,792 |
0.49 |
45,537,772 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Tangible fixed |
4,527,541 |
-5.89 |
4,810,845 |
-8.81 |
5,275,462 |
-1.89 |
5,377,016 |
31.91 |
4,076,397 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Land & building |
2,192,389 |
-8.01 |
2,383,347 |
53.64 |
1,551,244 |
-34.45 |
2,366,366 |
-17.36 |
2,863,513 |
|
Plant & machinery |
783,375 |
-9.14 |
862,142 |
-11.19 |
970,762 |
17.59 |
825,548 |
0.43 |
821,987 |
|
Furniture & Vehicles |
989,649 |
-5.86 |
1,051,298 |
2.70 |
1,023,642 |
-2.29 |
1,047,676 |
571 |
156,012 |
|
Leasing & Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
562,128 |
9.35 |
514,058 |
-70.28 |
1,729,813 |
52.08 |
1,137,426 |
384 |
234,885 |
|
Financial fixed assets |
978,140,748 |
0.32 |
975,007,543 |
2.06 |
955,355,688 |
5.71 |
903,719,389 |
4.61 |
863,919,149 |
|
Total current |
260,476,587 |
7.19 |
243,012,984 |
14.51 |
212,220,310 |
-17.40 |
256,920,071 |
-12.89 |
294,931,715 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Inventories |
81,088,438 |
-17.69 |
98,521,294 |
11.32 |
88,505,122 |
-4.02 |
92,216,422 |
0.35 |
91,890,219 |
|
Raw materials & |
104,144 |
11.65 |
93,274 |
11.66 |
83,531 |
-1.58 |
84,872 |
-30.18 |
121,558 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
80,984,294 |
-17.72 |
98,428,020 |
11.32 |
88,421,590 |
-4.03 |
92,131,550 |
0.40 |
91,768,661 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
53,447,614 |
9.82 |
48,668,291 |
-35.10 |
74,991,828 |
58.93 |
47,186,412 |
18.30 |
39,887,941 |
|
Other amounts receivable |
48,605,286 |
-20.86 |
61,415,958 |
141 |
25,385,430 |
-70.46 |
85,944,143 |
-12.15 |
97,829,160 |
|
Cash |
77,244,592 |
223 |
23,844,583 |
17.51 |
20,292,073 |
-28.22 |
28,269,693 |
-38.57 |
46,018,928 |
|
Miscellaneous current assets |
90,657 |
-99 |
10,562,858 |
17286 |
60,754 |
-12.11 |
69,129 |
54.86 |
44,639 |
|
Total Assets |
1,271,766,751 |
0.89 |
1,260,567,955 |
3.53 |
1,217,553,020 |
0.48 |
1,211,778,268 |
0.27 |
1,208,465,033 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
434,185,131 |
11.57 |
389,175,440 |
11.94 |
347,673,252 |
4.73 |
331,962,722 |
38.83 |
239,122,255 |
|
Issued share capital |
385,808,431 |
17.94 |
327,130,353 |
24.18 |
263,430,353 |
0.00 |
263,430,353 |
17.90 |
223,430,353 |
|
Share premium |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
account |
|
|
|
|
|
|
|
|
|
|
Revaluation |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
reserve |
|
|
|
|
|
|
|
|
|
|
Reserves |
48,376,700 |
-22.03 |
62,045,087 |
-26.35 |
84,242,900 |
22.92 |
68,532,369 |
336 |
15,691,902 |
|
Provisions for |
0 |
- |
0 |
-100 |
858,596 |
302 |
213,253 |
-61.55 |
554,617 |
|
Liabilities & |
|
|
|
|
|
|
|
|
|
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
- |
0 |
-100 |
47,766 |
0.00 |
47,766 |
0 |
47,766 |
|
Creditors |
837,581,620 |
-3.88 |
871,392,515 |
0.28 |
868,973,406 |
-1.20 |
879,554,526 |
-9.21 |
968,740,395 |
|
Other long term loans |
740,796,089 |
0.42 |
737,662,935 |
-4.98 |
776,362,935 |
4.52 |
742,761,773 |
0.01 |
742,692,468 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
-100 |
1 |
- |
0 |
|
Total long term |
740,796,089 |
0.42 |
737,662,935 |
-5.10 |
777,269,296 |
4.61 |
743,022,793 |
-0.04 |
743,294,851 |
|
debts |
|
|
|
|
|
|
|
|
|
|
Current portion of |
0 |
-100 |
38,700,000 |
- |
0 |
- |
0 |
- |
0 |
|
long term debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
79,811,558 |
|
Trade creditors |
52,130,380 |
-13.79 |
60,465,856 |
9.49 |
55,225,646 |
-49.77 |
109,938,759 |
-7.90 |
119,370,373 |
|
Amounts Payable for Taxes, Remuneration &
Social Security |
2,236,918 |
-48.79 |
4,368,198 |
48.31 |
2,945,407 |
-12.96 |
3,383,985 |
-16.97 |
4,075,779 |
|
Miscellaneous current liabilities |
42,418,233 |
40.48 |
30,195,526 |
-12.32 |
34,439,419 |
46.74 |
23,470,009 |
2.98 |
22,790,217 |
|
Total current |
96,785,531 |
-27.63 |
133,729,580 |
44.40 |
92,610,471 |
-32.30 |
136,792,753 |
-39.49 |
226,047,927 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
1,271,766,751 |
0.89 |
1,260,567,955 |
3.53 |
1,217,553,020 |
0.48 |
1,211,778,268 |
0.27 |
1,208,465,033 |
Ratio
analysis
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.26 |
8.72 |
-2.98 |
-239 |
2.14 |
-67.23 |
6.53 |
147 |
2.64 |
|
Return on capital employed |
0.19 |
9.27 |
-2.05 |
-227 |
1.61 |
-66.03 |
4.74 |
148 |
1.91 |
|
Return on total assets |
0.17 |
9.29 |
-1.83 |
-222 |
1.49 |
-64.61 |
4.21 |
171 |
1.55 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return on net assets |
0.50 |
8.43 |
-5.93 |
-213 |
5.21 |
-66.08 |
15.36 |
96.17 |
7.83 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales / net working capital |
5.17 |
-26.98 |
7.08 |
-0.14 |
7.09 |
9.08 |
6.50 |
-36.77 |
10.28 |
|
Stock turnover ratio |
9.58 |
-24.74 |
12.73 |
22.05 |
10.43 |
-11.76 |
11.82 |
-8.94 |
12.98 |
|
Creditor days |
23.84 |
-19.16 |
29.49 |
15.83 |
25.46 |
-54.78 |
56.30 |
-15.04 |
66.27 |
|
Debtor days |
23.05 |
0.44 |
22.95 |
-28.86 |
32.26 |
46.17 |
22.07 |
7.34 |
20.56 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
2.69 |
47.80 |
1.82 |
-20.52 |
2.29 |
21.81 |
1.88 |
44.62 |
1.30 |
|
Liquidity ratio / acid ratio |
1.85 |
71.30 |
1.08 |
-19.40 |
1.34 |
11.67 |
1.20 |
33.33 |
0.90 |
|
Current debt ratio |
0.22 |
-35.29 |
0.34 |
25.93 |
0.27 |
-34.15 |
0.41 |
-56.84 |
0.95 |
|
Cashflow |
5,572,573 |
145 |
-3,818,370 |
-111 |
33,306,395 |
-51.28 |
68,364,045 |
114 |
31,929,088 |
|
Net worth |
405,563,256 |
15.40 |
351,438,857 |
16.00 |
302,971,692 |
5.86 |
286,200,930 |
47.84 |
193,584,483 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
170.62 |
-14.47 |
199.49 |
-10.66 |
223.30 |
-0.20 |
223.75 |
-34.95 |
343.97 |
|
Equity in percentage |
34.93 |
9.74 |
31.83 |
7.39 |
29.64 |
4.11 |
28.47 |
38.47 |
20.56 |
|
Total debt ratio |
1.93 |
-13.84 |
2.24 |
-10.40 |
2.50 |
-5.66 |
2.65 |
-34.57 |
4.05 |
|
Working capital |
163,691,056 |
49.79 |
109,283,404 |
-8.63 |
119,609,839 |
-0.43 |
120,127,318 |
74.39 |
68,883,788 |
Profit & loss
|
Operating Income |
852,914,049 |
8.56 |
785,658,099 |
-8.96 |
862,971,799 |
7.51 |
802,712,410 |
10.31 |
727,701,170 |
|
Turnover |
846,511,130 |
9.34 |
774,184,229 |
-8.76 |
848,522,560 |
8.72 |
780,453,911 |
10.23 |
708,013,522 |
|
Total operating expenses |
798,193,022 |
6.64 |
748,477,150 |
-5.46 |
791,695,952 |
11.07 |
712,760,454 |
8.41 |
657,464,576 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
804,595,941 |
5.87 |
759,951,020 |
-5.73 |
806,145,191 |
9.68 |
735,018,953 |
8.55 |
677,152,224 |
|
Employee costs |
14,949,017 |
-6.62 |
16,008,209 |
15.10 |
13,907,684 |
-12.56 |
15,905,700 |
4.93 |
15,158,267 |
|
Wages and salary |
9,813,163 |
4.20 |
9,417,737 |
7.54 |
8,757,188 |
-16.93 |
10,542,091 |
9.37 |
9,638,881 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security |
3,525,772 |
8.05 |
3,262,957 |
4.57 |
3,120,228 |
-5.90 |
3,315,804 |
6.03 |
3,127,187 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
1,610,082 |
-51.61 |
3,327,515 |
63.90 |
2,030,267 |
-0.86 |
2,047,805 |
-14.40 |
2,392,199 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and |
19,240,960 |
4.69 |
18,379,443 |
4.45 |
17,595,865 |
13.48 |
15,505,239 |
19.36 |
12,990,614 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
48,318,108 |
87.96 |
25,707,079 |
-54.76 |
56,826,608 |
-16.05 |
67,693,457 |
33.92 |
50,548,946 |
|
Total financial income |
34,580,749 |
81.70 |
19,031,491 |
-37.43 |
30,414,337 |
-47.42 |
57,844,932 |
23.39 |
46,879,753 |
|
Total financial expenses |
80,706,396 |
18.99 |
67,827,988 |
-1.87 |
69,120,368 |
-7.30 |
74,561,991 |
-5.27 |
78,712,453 |
|
Results on ordinary operations before
taxation |
2,192,461 |
9.50 |
-23,089,418 |
-227 |
18,120,578 |
-64.45 |
50,976,398 |
172 |
18,716,246 |
|
Extraordinary Income |
2 |
100 |
1 |
-99 |
1,332,436 |
-34.71 |
2,040,871 |
7136 |
28,204 |
|
Extraordinary Charges |
15,857,612 |
1879 |
-843,886 |
-122 |
3,741,838 |
7284 |
-51,368 |
4.19 |
-1,225,111 |
|
Extraordinary items |
-15,857,610 |
-1979 |
843,887 |
35.02 |
-2,409,402 |
-215 |
2,092,239 |
66.94 |
1,253,315 |
|
Results for the Year Before |
-13,665,149 |
61.43 |
-22,245,531 |
-241 |
15,711,175 |
-70.39 |
53,068,637 |
165 |
19,969,561 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
3,238 |
6789 |
47 |
-92.72 |
645 |
-99 |
209,831 |
-79.65 |
1,031,087 |
|
Results on ordinary |
2,189,223 |
9.48 |
-23,089,465 |
-227 |
18,119,932 |
-64.31 |
50,766,567 |
187 |
17,685,159 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-13,668,387 |
61.58 |
-22,197,813 |
-241 |
15,710,530 |
-70.28 |
52,858,806 |
179 |
18,938,474 |
|
Profit (Loss) for the Year to
be appropiated |
-13,668,387 |
61.58 |
-22,197,813 |
-241 |
15,710,530 |
-70.28 |
52,858,806 |
179 |
18,938,474 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social
Balance Sheet Details
|
Social Balance Sheet Details |
|
|
Social Balance Sheet |
Total |
|
During the reporting year |
|
|
ended 31-12-2014 |
|
|
Full-time Employees |
73 |
|
Part-time Employees |
4 |
|
Total Fte Employees |
76 |
|
Number of hours worked |
|
|
Full-time Employees |
122,633 |
|
Part-time Employees |
5,025 |
|
Total |
127,658 |
|
Personnel Charges |
|
|
Full-time Employees |
14,377,842 |
|
Part-time Employees |
571,175 |
|
Total |
14,949,017 |
|
Benefits In Addition To Wages |
97,178 |
|
During the previous reporting year |
|
|
Average number employees in Fte |
78 |
|
Actual working hours |
132,648 |
|
Personnel Charges |
16,008,209 |
|
Benefits In Addition To Wages |
102,570 |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
75 |
3 |
77 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
Gender
and Education Level
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
1 |
- |
1 |
|
Secondairy education |
2 |
- |
2 |
|
Higher education (non |
14 |
- |
14 |
|
university) |
|
|
|
|
Higher education |
28 |
- |
28 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
1 |
- |
1 |
|
Higher education (non |
12 |
1 |
13 |
|
university) |
|
|
|
|
Higher education |
17 |
2 |
19 |
|
(university) |
|
|
|
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White collar worker |
75 |
3 |
77 |
|
Blue collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
Temporary
personnel |
Total |
|
Average number of temporary staff |
2 |
|
Actual working hours |
2,974 |
|
Cost of temporary staff |
68,943 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
8 |
- |
8 |
|
Leavers |
8 |
1 |
9 |
|
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 |
875 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
628 |
|
Total number of Invoices paid
more than 30 days after the due
date |
245 |
|
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 |
23.84 |
|
Day sales outstanding |
23.05 |
Industry comparison
|
Activity code |
46751 |
|
Activity description |
Wholesale of chemical products for
industrial use |
|
Industry average payment |
75.95 |
|
expectation days |
|
|
Industry average day sales |
101.35 |
|
outstanding |
|
|
Industry
quartile analysis |
|
|
Payment expectations |
|
|
Company result |
23.84 |
|
Lower |
81.19 |
|
Median |
44 |
|
Upper |
29.16 |
Day
sales outstanding
|
Company result |
23.05 |
|
Lower |
96.26 |
|
Median |
69.35 |
|
Upper |
46.63 |
Shareholder
Details
|
Summary |
|
|
Group - Number of Companies |
4 |
|
Linkages - Number of Companies |
2504 |
|
Number of Countries |
87 |
Group Structure
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- ALBEMARLE CORPORATION |
|
|
|
- - ALBEMARLE EUROPE SPRL |
403062021 |
31-12-2014 |
|
- - - ALBEMARLE GLOBAL FINANCE COMPANY |
889712011 |
31-12-2013 |
|
- - - ALBEMARLE CHEMICALS LTD S.ETR. |
|
|
Minority
Shareholders
No minority shareholders found
Minority
Interests
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
ALBEMARLE NETHERLANDS BV |
15.62 |
- |
|
|
SPRL |
|
|
Linked
Companies
Summary
|
Group - Number of Companies |
4 |
|
Linkages - Number of Companies |
2504 |
|
Number of Countries |
87 |
Linked
Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
|
|
|
|
|
BASF BELGIUM COORDINATION |
862390376 |
31.12.2016 |
€104.528.593 |
|
CENTER |
|
|
|
|
BASF INDIA |
00003972 |
31.03.2017 |
€780.076.112 |
|
CONTEC |
- |
31.03.2017 |
€200.370.326 |
|
BASF AS |
911434016 |
31.12.2016 |
146.174 KNOK |
|
|
|
|
|
|
BASF NEDERLAND B.V. |
09022883 |
31.12.2016 |
€544.960.000 |
|
B.A.S.F. ANTWERPEN N.V. NV |
404754472 |
31.12.2016 |
€5.183.896.254 |
|
WINTERSHALL NORGE AS |
985224323 |
31.12.2016 |
1.071.069 |
|
|
|
|
KNOK |
|
BASF SE |
HRB 6000 |
31.12.2015 |
€72.453.000.000 |
|
BASF AGRO B.V. |
09113314 |
31.12.2016 |
€1.431.269.825 |
|
ALBEMARLE NETHERLANDS B.V. |
32103369 |
31.12.2015 |
- |
|
CIBA UK INVESTMENT LIMITED |
03482322 |
31.12.2016 |
- |
|
BASF AGROCHEMICAL PRODUCTS B.V. |
09113315 |
31.12.2016 |
€476.052.042 |
|
BASF BETEILIGUNGSGESELLSCHAFT MBH |
HRB 3951 |
31.12.2007 |
- |
|
WINTERSHALL AKTIENGESELLSCHAFT |
HRB 101182 |
31.12.2015 |
€142.053.000 |
|
ENGELHARD EUROPEAN HOLDINGS |
04964360 |
31.12.2006 |
- |
|
BASF U.K. HOLDINGS LIMITED |
03392535 |
31.12.2016 |
- |
|
BASF ITALIA S.P.A. |
00717180152 |
31.12.2015 |
€1.652.830.630 |
|
BASF SCHWARZHEIDE GMBH |
HRB 687 CB |
31.12.2012 |
€1.019.437.268 |
|
BASF FRANCE SAS |
542069158 |
31.12.2016 |
€803.657.448 |
|
ROCKWOOD SPECIALTIES LIMITED |
04050394 |
31.12.2016 |
- |
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 |
27/04/2012 |
|
Street |
60 KRUISVELDSTRAAT NINOVE |
|
Post code |
9400 |
|
Country |
Belgium |
|
Name |
Jan Vijverman |
|
Name |
Annemieke Donkers |
|
Position |
Manager |
|
Start Date |
27/04/2012 |
|
Street |
401 LEUVENSESTEENWEG BOUTERSEM |
|
Post code |
3370 |
|
Country |
Belgium |
|
Current
mandates in other companies |
|
|
Name |
POTASSE ET PRODUITS CHIMIQUES SAS
BO |
|
Business number |
463723049 |
|
Position |
Legal Representative |
|
Start Date |
08/09/2005 |
|
Name |
POLYUREA DEVELOPMENT ASSOCIATION EUROPE
AISBL |
|
Business number |
889832270 |
|
Position |
Director |
|
Start Date |
06/11/2014 |
|
Name |
CONSEIL EUROPEEN DE L'INDUSTRIE
CHIMIQUE - EUROPEAN CHEMICAL |
|
|
INDUSTRY COUNCIL AISBL |
|
Business number |
412849915 |
|
Position |
Director |
|
Start Date |
17/10/2014 |
|
Name |
ALBEMARLE GLOBAL FINANCE COMPANY |
|
Business number |
889712011 |
|
Position |
Manager |
|
Start Date |
30/06/2008 |
|
Former
director details |
|
|
Name |
Philippe Clément |
|
Position |
Manager |
|
Start Date |
01/06/2007 |
|
End Date |
12/03/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
HUBERT CUIJPERS |
|
Position |
Manager |
|
Start Date |
01/01/2007 |
|
End Date |
18/09/2008 |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Name |
Richard Sabalot |
|
Position |
Manager |
|
Start Date |
01/01/2007 |
|
End Date |
01/06/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Matthew Juneau |
|
Position |
Manager |
|
Start Date |
01/01/2003 |
|
End Date |
01/01/2007 |
|
Street |
42 CHEMIN D'ODRIMONT LASNE |
|
Post code |
1380 |
|
Country |
Belgium |
|
Former mandates in other companies |
|
|
Name |
POLYUREA DEVELOPMENT ASSOCIATION EUROPE AISBL |
|
Business number |
889832270 |
|
Position |
Director |
|
Start Date |
12/03/2007 |
|
End Date |
17/11/2009 |
|
Name |
CONSEIL EUROPEEN DE L'INDUSTRIE
CHIMIQUE - EUROPEAN CHEMICAL |
|
|
INDUSTRY COUNCIL AISBL |
|
Business number |
412849915 |
|
Position |
Director |
|
Start Date |
06/10/2007 |
|
End Date |
04/10/2008 |
|
Name |
ALBEMARLE GLOBAL FINANCE COMPANY |
|
Business number |
889712011 |
|
Position |
Permanent representative legal entity |
|
Start Date |
30/06/2008 |
|
End Date |
12/03/2012 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.67 |
|
|
1 |
INR 85.90 |
|
Euro |
1 |
INR 75.47 |
|
Euro |
1 |
INR 76.60 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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.