|
|
|
MIRA INFORM REPORT
|
Report No. : |
495888 |
|
Report Date : |
06.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
SUEBEL TRADING & CO
SCRL |
|
|
|
|
Registered Office : |
Rue
Des Chevaliers 14, 1050 Ixelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
17.02.1991 |
|
|
|
|
Com. Reg. No.: |
443660083 |
|
|
|
|
Legal Form : |
Limited Liability Cooperative Company |
|
|
|
|
Line of Business : |
Manufacture of Other Rubber Products |
|
|
|
|
No. of Employees : |
2 |
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 (30.09.2017) |
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
Summary
Business
number 443660083
Branche
Unit Number 2052186339
Company
name SUEBEL TRADING & CO
SCRL
Address
RUE DES CHEVALIERS 14
1050 IXELLES
Date
of establishment 17/02/1991
Telephone
number 3223781516
Mobile
number -
Fax
number 023781516
Liable
for VAT Yes
VAT
Number BE.0443.660.083 Check VAT
number
Commentary
The business was
established over 27 years ago.
The business has 2
employees.
Number of employees in the
latest trading period increased 53% on the previous trading period.
The business has been at
the address for over 10 years.
Operating Result in the
latest trading period decreased 2271% on the previous trading period.
Net Worth decreased by 38%
during the latest trading period.
Pre-tax profits decreased
by 5810% compared to the previous trading period.
The business saw an
increase in their Cash Balance of 132% during the latest trading period.
ANNUAL ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
|
-58,307 |
90,603 |
147,806 |
|
31/12/2015 |
|
1,021 |
147,945 |
218,485 |
|
31/12/2014 |
|
69,095 |
145,557 |
234,387 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
376,364 |
2 |
300,000 |
-46,617 |
|
31/12/2015 |
326,222 |
2 |
300,000 |
9,883 |
|
31/12/2014 |
323,922 |
1 |
300,000 |
79,233 |
Payment expectations
|
||||
|
Past payments |
|
Payment expectation days |
-- |
|
|
Industry average payment expectation days |
66.62 |
Industry average day sales
outstanding |
83.24 |
|
|
Day sales outstanding |
-- |
|
|
|
Court data summary
|
BANKRUPTCY DETAILS |
||||
|
Court action type |
No |
|
|
|
|
PROTESTED BILLS |
||||
|
Bill amount |
||||
|
NSSO DETAILS |
||||
|
Date of summons |
04.06.2009 |
|
|
|
Company information
|
Business
Number |
443660083 |
Company
Name |
SUEBEL TRADING & CO SCRL |
|
Fax Number |
023781516 |
Date
Founded |
17/02/1991 |
|
Company
Status |
active |
Company
Type |
Limited Liability Cooperative Company |
|
Currency |
Euro (€) |
Date
of Latest Accounts |
31/12/2016 |
|
Activity
Code |
22190 |
Number
of Staff |
2 |
|
Activity Description |
Manufacture of other rubber products |
|
|
|
Belgian Bullettin of
Acts Publications |
Moniteur Belge |
|
|
Joint Industrial Committee (JIC)
JIC
Code 111
Description
JC for the metal, machinery
and electrical construction
category
JIC
Code 209
Description
Joint committee for the
employees off the metal industry
category
Significant
Events
Event
Date 04/09/2014
Event
Description
Event Details La cession de 4034 parts sociales détenues
par Ushpal Singh Sabharwal à concurrence de 4033 parts à Shwetambara
Sabhharwal, de 1 part à Dilprit Singh Sabharwal et à la cession de 4033 parts
sociales détenues par Jagmeet Singh Sabharwal à Ja
Event
Date 04/09/2014
Event
Details i Singh Sabharwal, à partir
de 30.06.2014.
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 |
63,712 |
24.13 |
51,327 |
49.21 |
34,399 |
-3.64 |
35,699 |
-26.97 |
48,882 |
|
Intangible fixed assets |
0 |
-100 |
953 |
-58.82 |
2,314 |
-38.38 |
3,755 |
-30.72 |
5,420 |
|
Tangible fixed assets |
60,112 |
28.52 |
46,774 |
64.21 |
28,485 |
0.50 |
28,344 |
-28.89 |
39,862 |
|
Land & building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant & machinery |
6,108 |
-12.63 |
6,991 |
2825 |
239 |
-72.31 |
863 |
-89.10 |
7,920 |
|
Furniture & Vehicles |
5,616 |
64.98 |
3,404 |
147 |
1,373 |
-76.25 |
5,781 |
-58.90 |
14,066 |
|
Leasing & Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
48,388 |
33.01 |
36,379 |
35.37 |
26,873 |
23.84 |
21,700 |
21.39 |
17,876 |
|
Financial fixed assets |
3,600 |
0 |
3,600 |
0 |
3,600 |
0 |
3,600 |
0 |
3,600 |
|
Total current assets |
312,653 |
13.74 |
274,895 |
-5.05 |
289,523 |
-17.47 |
350,793 |
57.43 |
222,820 |
|
Inventories |
18,436 |
0.00 |
18,436 |
0 |
18,436 |
-11.77 |
20,896 |
3.79 |
20,132 |
|
Raw materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other stocks |
18,436 |
0.00 |
18,436 |
0 |
18,436 |
-11.77 |
20,896 |
3.79 |
20,132 |
|
Trade debtors |
217,876 |
-1.36 |
220,880 |
-7.79 |
239,538 |
13.35 |
211,329 |
33.03 |
158,863 |
|
Other amounts receivable |
2,790 |
10.93 |
2,515 |
55.06 |
1,622 |
-65.77 |
4,739 |
-36.18 |
7,425 |
|
Cash |
69,393 |
132 |
29,794 |
9.44 |
27,224 |
-75.13 |
109,472 |
238 |
32,341 |
|
Miscellaneous current assets |
4,159 |
27.17 |
3,270 |
20.98 |
2,703 |
-37.96 |
4,357 |
7.34 |
4,059 |
|
Total Assets |
376,364 |
15.37 |
326,222 |
0.71 |
323,922 |
-16.19 |
386,492 |
42.25 |
271,702 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
90,603 |
-39.15 |
148,898 |
0.69 |
147,871 |
87.68 |
78,789 |
325 |
18,518 |
|
Issued share capital |
300,000 |
0 |
300,000 |
0 |
300,000 |
0 |
300,000 |
0 |
300,000 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
-209,397 |
-38.58 |
-151,102 |
99 |
-152,129 |
68.77 |
-221,211 |
78.59 |
-281,482 |
|
Provisions for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
285,761 |
61.15 |
177,324 |
0.72 |
176,051 |
-42.79 |
307,703 |
21.53 |
253,184 |
|
Other long term loans |
120,914 |
0.00 |
120,914 |
0.00 |
120,915 |
0.00 |
120,914 |
0 |
120,914 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
120,914 |
0.00 |
120,914 |
0.00 |
120,915 |
0.00 |
120,914 |
0 |
120,914 |
|
Current portion of long term debt |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial debts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade creditors |
133,788 |
418 |
25,823 |
16.39 |
22,187 |
-86.42 |
163,419 |
37.09 |
119,204 |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
10,144 |
20.71 |
8,404 |
-10.89 |
9,431 |
-3.64 |
9,787 |
-9.29 |
10,789 |
|
Miscellaneous current liabilities |
20,914 |
-5.72 |
22,183 |
-5.68 |
23,518 |
73.14 |
13,583 |
496 |
2,277 |
|
Total current liabilities |
164,847 |
192 |
56,410 |
2.31 |
55,136 |
-70.48 |
186,789 |
41.22 |
132,270 |
|
Total Liabilities |
376,364 |
15.37 |
326,222 |
0.71 |
323,922 |
-16.19 |
386,492 |
42.25 |
271,702 |
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Return on capital employed |
-27.57 |
-7355 |
0.38 |
-98.52 |
25.71 |
-14.84 |
30.19 |
-28.22 |
42.06 |
|
Return on total assets employed |
-15.49 |
-5096 |
0.31 |
-98.55 |
21.33 |
36.73 |
15.60 |
-27.71 |
21.58 |
|
Return on net assets employed |
-64.35 |
-9426 |
0.69 |
-98.52 |
46.73 |
-38.92 |
76.51 |
-75.84 |
316.68 |
|
Sales / net working capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Stock turnover ratio |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Debtor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.90 |
-60.99 |
4.87 |
-7.24 |
5.25 |
179 |
1.88 |
11.90 |
1.68 |
|
Liquidity ratio / acid ratio |
1.78 |
-60.88 |
4.55 |
-7.52 |
4.92 |
177 |
1.77 |
15.69 |
1.53 |
|
Current debt ratio |
1.82 |
378 |
0.38 |
2.70 |
0.37 |
-84.39 |
2.37 |
-66.81 |
7.14 |
|
Cashflow |
-46,617 |
-571 |
9,883 |
-87.53 |
79,233 |
-1.65 |
80,565 |
2.19 |
78,838 |
|
Net worth |
90,603 |
-38.76 |
147,945 |
1.64 |
145,557 |
93.99 |
75,034 |
472 |
13,098 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
133.45 |
64.33 |
81.21 |
-0.68 |
81.77 |
-46.72 |
153.47 |
-76.50 |
652.95 |
|
Equity in percentage |
24.07 |
-47.42 |
45.78 |
-0.43 |
45.98 |
123 |
20.59 |
196 |
6.95 |
|
Total debt ratio |
3.15 |
164 |
1.19 |
0 |
1.19 |
-69.57 |
3.91 |
-71.40 |
13.67 |
|
Working capital |
147,806 |
-32.35 |
218,485 |
-6.78 |
234,387 |
42.92 |
164,004 |
81.12 |
90,550 |
PROFIT & LOSS
|
Operating Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Total operating expenses |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Gross Operating Margin |
69,120 |
-30.52 |
99,483 |
-46.72 |
186,720 |
-6.78 |
200,310 |
-5.45 |
211,856 |
|
Operating Charges |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Employee costs |
113,254 |
44.19 |
78,545 |
-16.41 |
93,962 |
-6.50 |
100,491 |
-15.24 |
118,561 |
|
Wages and salary |
- |
- |
59,165 |
-14.11 |
68,882 |
-7.17 |
74,199 |
-10.31 |
82,730 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
- |
- |
16,563 |
-25.22 |
22,150 |
4.73 |
21,149 |
-24.82 |
28,130 |
|
Other employee costs |
113,254 |
3920 |
2,817 |
-3.86 |
2,930 |
-43.03 |
5,143 |
-33.22 |
7,701 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
11,678 |
31.86 |
8,856 |
-12.76 |
10,151 |
-49.98 |
20,294 |
0.47 |
20,200 |
|
Operating result |
-57,071 |
-2271 |
2,628 |
-96.38 |
72,697 |
16.96 |
62,153 |
0.09 |
62,098 |
|
Total financial income |
2,215 |
44.31 |
1,535 |
1705 |
85 |
-93.57 |
1,322 |
758 |
154 |
|
Total financial expenses |
3,452 |
9.86 |
3,142 |
-14.78 |
3,687 |
15.47 |
3,193 |
-11.55 |
3,610 |
|
Results on ordinary operations before
taxation |
-58,307 |
-5810 |
1,021 |
-98.52 |
69,095 |
14.62 |
60,282 |
2.80 |
58,642 |
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
- |
- |
- |
- |
- |
- |
0 |
- |
0 |
|
Results for the Year Before Taxation |
-58,307 |
-5810 |
1,021 |
-98.52 |
69,095 |
14.62 |
60,282 |
2.80 |
58,642 |
|
Taxation |
-13 |
-116 |
-6 |
-146 |
13 |
18.18 |
11 |
175 |
4 |
|
Results on ordinary operations after
taxation |
-58,294 |
-5776 |
1,027 |
-98.51 |
69,082 |
14.62 |
60,271 |
2.78 |
58,638 |
|
Net result |
-58,294 |
-5776 |
1,027 |
-98.51 |
69,082 |
14.62 |
60,271 |
2.78 |
58,638 |
|
Profit (Loss) for the Year to
be appropriated |
-58,294 |
-5776 |
1,027 |
-98.51 |
69,082 |
14.62 |
60,271 |
2.78 |
58,638 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social BALANCE SHEET DETAILS
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2016 |
|
|
Full-time
Employees |
2 |
|
Part-time
Employees |
1 |
|
Total
Fte Employees |
2 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
3,568 |
|
Part-time
Employees |
576 |
|
Total |
4,144 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
97,512 |
|
Part-time
Employees |
15,742 |
|
Total |
113,254 |
|
Benefits
In Addition To Wages |
- |
|
|
|
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
2 |
|
Actual working
hours |
2,532 |
|
Personnel
Charges |
- |
|
Benefits
In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration Contracts |
2 |
- |
2 |
GENDER AND EDUCATION LEVEL
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Secondairy Education |
2 |
- |
2 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
White collar worker |
1 |
- |
1 |
|
Blue collar worker |
1 |
- |
1 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
2 |
1 |
3 |
|
Leavers |
1 |
2 |
2 |
Industry comparison
|
|
|
Activity code |
22190 |
|
Activity
description |
Manufacturer of other rubber products |
Payment expectations
|
|
|
Payment
expectation days |
-- |
|
Day sales
outstanding |
-- |
|
|
|
|
Industry comparison |
|
|
Activity code |
22190 |
|
Activity
description |
Manufacturer of other rubber products |
|
Industry average
payment expectation days |
66.62 |
|
Industry average
day sales outstanding |
83.24 |
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
-- |
|
Lower |
58.17 |
|
Median |
33.10 |
|
Upper |
25.07 |
|
|
|
|
Day sales outstanding |
|
|
Company result |
-- |
|
Lower |
70.30 |
|
Median |
55.48 |
|
Upper |
36.24 |
Shareholder details
Group
Structure
No group structure
for this company.
Minority Shareholders
No minority
shareholders found
Minority Interests
No minority
interest found
Individual Shareholders
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Dilprit |
Middle name |
- |
|
Surname |
Sabharwal |
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
Start date |
10/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Postal town |
- |
|
|
|
Post code |
- |
Country |
India |
|
|
|
|
|
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Jagmeet |
Middle name |
- |
|
Surname |
Sabharwal |
|
|
|
|
|
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
10/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Postal town |
- |
|
|
|
Post code |
- |
Country |
India |
|
|
|
|
|
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Ushpal |
Middle name |
- |
|
Surname |
Sabharwal |
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
10/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Postal town |
- |
|
|
|
Post code |
- |
Country |
India |
|
SHAREHOLDER NAME |
|
|
|
|
Forename |
Shwetambara |
Middle name |
- |
|
Surname |
Sabharwal |
|
|
|
|
|
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
10/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Postal town |
- |
|
|
|
Post code |
- |
Country |
- |
|
|
|
|
|
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Jai |
Middle name |
- |
|
Surname |
Sabharwal |
|
|
|
|
|
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
10/08/2015(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street name |
- |
House number |
- |
|
Postal town |
- |
|
|
|
Post code |
- |
Country |
- |
Linked Companies
|
Summary |
|
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
|
Summons |
||
|
Legal event type |
Social Security Summons |
|
|
Event date |
04/06/2009 |
|
|
Court type |
Court name |
Brussel |
|
Creditor's name |
3rd party type |
|
|
Legal event type |
Social Security Summons |
|
|
Event date |
07/05/2009 |
|
|
Court type |
Court name |
Brussel |
|
Creditor's name |
3rd party type |
|
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 |
Managing Director |
|
Start Date |
01/07/2013 |
|
|
|
|
Name |
Dilprit Sabharwal |
|
Position |
Director |
|
Start Date |
27/07/2007 |
|
|
|
|
Name |
Jai Sabharwal |
|
Position |
Director |
|
Start Date |
04/09/2014 |
|
|
|
|
Name |
Shwetambara Sabharwal |
|
Position |
Director |
|
Start Date |
04/09/2014 |
|
|
|
|
Name |
Emmanuel de Briey |
|
Position |
Director |
|
Start Date |
17/02/1991 |
|
Street |
25 ZONDAGSBOSLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
FORMER
DIRECTOR DETAILS |
|
|
Name |
Emmanuel de Briey |
|
Position |
Managing Director |
|
Start Date |
17/02/1991 |
|
End Date |
30/06/2013 |
|
Street |
25 ZONDAGSBOSLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
Name |
JAGMEET SABHYARWAL |
|
Position |
Director |
|
Start Date |
27/07/2007 |
|
End Date |
04/09/2014 |
|
|
|
|
Name |
USHPAL SINGH |
|
Position |
Director |
|
Start Date |
27/07/2007 |
|
End Date |
04/09/2014 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.05 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 80.03 |
|
Euro |
1 |
INR 80.20 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
TPT |
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.