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MIRA INFORM REPORT
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Report No. : |
486482 |
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Report Date : |
16.01.2018 |
IDENTIFICATION DETAILS
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Name : |
G-STAR RAW C.V. |
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Registered Office : |
Joan Muyskenweg 39, 1114AN
Amsterdam-Duivendrecht |
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Country : |
Netherlands |
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Date of Incorporation : |
04.01.2011 |
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Com. Reg. No.: |
51877058 |
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Legal Form : |
Limited partnership |
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Line of Business : |
·
Wholesale of outerwear ·
Financial holding |
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No. of Employees : |
Not available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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Netherlands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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 persistently 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 2016, the government budget returned to a surplus of 0.3% of GDP, with economic growth of 2.1%, and GDP per capita finally surpassed pre-crisis levels. The Dutch government projects steady but modest economic growth of 2.1% in 2017 and unemployment decreasing to 4.9%.
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Source
: CIA |
Company
name
|
Name |
G-Star Raw C.V. |
Summary
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Company name |
G-Star Raw C.V. |
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Operative
address |
Joan Muyskenweg 39 |
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Status |
Active |
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Legal form |
Limited partnership |
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Registration
number |
KvK-nummer: 51877058 |
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VAT-number |
850210161 |
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European
VAT-number |
NL850210161B01 |
Contact
information
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Company name |
G-Star Raw C.V. |
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Trade names |
G-Star Raw C.V. |
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Operative
address |
Joan Muyskenweg 39 |
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Correspondence
address |
Postbus 12177 |
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Telephone number |
0205677600 |
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Email address |
info@g-star.com |
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Website |
www.g-star.com |
Registration
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Registration
number |
KvK-nummer: 51877058 |
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Branch number |
000021856141 |
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VAT-number |
850210161 |
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European
VAT-number |
NL850210161B01 |
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Status |
Active |
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First
registration company register |
2011-01-04 |
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Establishment
date |
2011-01-04 |
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Legal form |
Limited partnership |
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Partnership
capital |
EUR 211.049.502 |
Activities
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SBI |
46421: Wholesale of outerwear |
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Exporter |
Yes |
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Importer |
Yes |
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Goal |
Ontwerpen, marketing en distributie van
textielgoederen, alsmede import/export van- en groothandel in
textielgoederen. Het beleggen van gelden in registergoederen, effecten en
andere vermogenswaarden. Het exploiteren en verhandelen van patenten,
merkrechten, vergunningen, know how en andere intellectuele eigendomsrechten.
Verhandelen van valuta, effecten en andere vermogenswaarden.
Houdsteractiviteiten. |
Relations
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Subsidiaries |
G-Star Finance B.V. TM25 Holding B.V. |
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Branches |
G-Star Raw C.V. G-Star Raw C.V. G-Star Raw C.V. |
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Companies on
same address (number) |
16 |
Real
Estate
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Details
operative address |
Surface area:
4815 m2 |
Management
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Active
management |
Stichting Bluebox Beheer |
Payments
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Description |
No complaints |
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Total |
EUR 382.414 |
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Last quarter |
Last year |
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Average payment period (days) |
23 |
38 |
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Average delay (days) |
5 |
16 |
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Quarter |
Volume |
Not overdue |
1-30 |
31-60 |
61-90 |
91-120 |
121+ |
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2018 Q1 |
E |
78,00% |
17,00% |
5,00% |
0,00% |
0,00% |
0,00% |
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2017 Q4 |
E |
78,00% |
17,00% |
5,00% |
0,00% |
0,00% |
0,00% |
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2017 Q3 |
D |
33,00% |
14,00% |
21,00% |
14,00% |
3,00% |
14,00% |
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2017 Q2 |
D |
57,00% |
16,00% |
8,00% |
8,00% |
4,00% |
7,00% |
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2017 Q1 |
D |
61,00% |
26,00% |
13,00% |
0,00% |
0,00% |
0,00% |
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A = < 10.000, B = < 25.000, C = < 50.000, D = < 125.000, E = > 125.000
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
Financial
statement
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Remark annual
account |
There is no financial data published |
Company
structure
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Relations |
3 |
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Company |
Registration
number |
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G-Star Raw C.V. (Amsterdam-Duivendrecht) |
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| - - TM25 Holding B.V. (AMSTERDAM-DUIVENDRECHT) |
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| - - G-Star Finance B.V. (AMSTERDAM-DUIVENDRECHT) |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.41 |
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1 |
INR 87.18 |
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Euro |
1 |
INR 77.45 |
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Euro |
1 |
INR 78.12 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
SYL |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on secured
terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.