|
|
|
MIRA INFORM REPORT
|
Report No. : |
498986 |
|
Report Date : |
28.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
SPONEX EUROPA GLOBAL TRADE COMPANY SL |
|
|
|
|
Registered Office : |
C/ Paquita Sicilia , 18 - Priego De Cordoba - 14800 – Cordoba |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
2015 |
|
|
|
|
Date of Incorporation : |
09.01.2015 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
The subject is engaged in the wholesale of garments and footwear, CNAE
4642. Wholesale of sport equipment and furniture. Wholesale of household
appliances. Wholesale of perfumery and cosmetics. Wholesale of other
articles. |
|
|
|
|
No. of Employees : |
Not Available |
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 : |
Exist |
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) |
|
Spain |
A1 |
A1 |
|
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 |
SPAIN - ECONOMIC OVERVIEW
After a prolonged recession that began in 2008 in the wake of the global
financial crisis, Spain marked the fourth full year of positive economic growth
in 2017, with economic activity surpassing its pre-crisis peak, largely because
of increased private consumption. The financial crisis of 2008 broke 16
consecutive years of economic growth for Spain, leading to an economic
contraction that lasted until late 2013. In that year, the government
successfully shored up its struggling banking sector - heavily exposed to the
collapse of Spain’s real estate boom - with the help of an EU-funded
restructuring and recapitalization program.
Until 2014, contraction in bank lending, fiscal austerity, and high
unemployment constrained domestic consumption and investment. The unemployment
rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor
reforms prompted a modest reduction to 16.4% in 2017. High unemployment
strained Spain's public finances, as spending on social benefits increased
while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010,
but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. Public
debt has increased substantially – from 60.1% of GDP in 2010 to nearly 96.7% in
2017.
Strong export growth helped bring Spain's current account into surplus
in 2013 for the first time since 1986 and sustain Spain’s economic growth.
Increasing labor productivity and an internal devaluation resulting from
moderating labor costs and lower inflation have improved Spain’s export
competitiveness and generated foreign investor interest in the economy,
restoring FDI flows.
In 2017, the Spanish Government’s minority status constrained its
ability to implement controversial labor, pension, health care, tax, and
education reforms. The European Commission expects the government to meet its
2017 budget deficit target and anticipates that expected economic growth in
2018 will help the government meet its deficit target. Spain’s borrowing costs
are dramatically lower since their peak in mid-2012, and increased economic
activity has generated a modest level of inflation, at 2% in 2017.
|
Source
: CIA |
EXECUTIVE
SUMMARY
|
|
Name: |
SPONEX EUROPA GLOBAL TRADE COMPANY SL |
|
NIF / Fiscal code: |
B56015985 |
|
Trade Name |
GRUPO GTC EUROPA |
|
Status: |
ACTIVE |
|
Incorporation Date: |
09/01/2015 |
|
Register Data |
Register Section 8 Sheet 35447 |
|
Last Publication
in BORME: |
06/03/2015 [Appointments] |
|
Last Published Account Deposit: |
2015 |
|
Share Capital: |
86.778,55 |
|
|
|
|
Localization: |
C/ Paquita Sicilia , 18 - Priego De Cordoba - 14800 - Cordoba |
|
Telephone - Fax - Email - Website: |
Email. info@tabletennis.deals. Website. tabletennis.deals/es/ |
|
Number of Branches |
2 |
|
|
|
|
Activity: |
|
|
NACE: |
4641 - Wholesale of textiles |
|
Registered Trademarks: |
|
|
Audited / Opinion: |
No |
|
Tenders and Awards: |
|
|
Subsidies: |
0 for a total cost of 0 |
|
Quality Certificate: |
No |
|
|
|
|
Payment Behaviour: |
According to the agreed terms |
|
Prospects: |
Consolidation |
|
Industry situation: |
Maturity |
|
|
|
|
Defaults, Legal
Claims and Insolvency Proceedings : |
|
|
|
|
Number |
Amount (€) |
Most Recent
Entry |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
|
None |
--- |
--- |
|
Judicial Claims (Notices, Executive Proceedings, Attachments,
Auctions, Bad Debt) |
|
5 |
0 |
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
0 |
--- |
|
Proceedings heard by the Labour Court |
|
Unpublished |
0 |
--- |
Partners
|
|
JOSE MIGUEL RAMIREZ MARIN |
100 % |
|
|
Shares: |
0 |
|
|
Other Links: |
0 |
|
|
No. of Active Corporate Bodies: |
SINGLE ADMINISTRATOR 1 |
|
|
Guarantees: |
|
|
Properties Registered: |
Company NO, Administrator NO |
|
Financing / Guarantee Sources : |
Sources NO, Guarantees NO |
|
|
|
|
INVESTIGATION
SUMMARY |
|
|
The compnay was incorporated in 2015, engaged in the sale of sport
articles, it operates normally. |
|
|
Interviewed Person: |
|
Enquiry
Details
|
|
|
Business address
regime: |
Rented |
Identification
|
|
|
Social
Denomination: |
SPONEX EUROPA GLOBAL TRADE COMPANY SL |
|
Trade Name: |
GRUPO GTC EUROPA |
|
NIF / Fiscal
code: |
B56015985 |
|
Corporate
Status: |
ACTIVE |
|
Start of
activity: |
2015 |
|
Registered
Office: |
C/ PAQUITA SICILIA , 18 |
|
Locality: |
PRIEGO DE CORDOBA |
|
Province: |
CORDOBA |
|
Postal Code: |
14800 |
|
Website: |
tabletennis.deals/es/ |
|
Email: |
info@tabletennis.deals. |
|
Interviewed
Person: |
Other sources |
Branch
Offices
|
|
Address |
Postal Code |
City |
Province |
|
CALLE RAMON Y CAJAL 1 |
14800 |
PRIEGO DE CORDOBA |
CORDOBA |
|
CALLE VEGA (LA) 41 |
14800 |
PRIEGO DE CORDOBA |
CORDOBA |
Activity
|
|
|
NACE: |
4641 |
|
Corporate
Purpose: |
THE SUBJECT IS ENGAGED IN THE WHOLESALE OF GARMENTS AND FOOTWEAR, CNAE
4642. WHOLESALE OF SPORT EQUIPMENT AND FURNITURE. WHOLESALE OF HOUSEHOLD
APPLIANCES. WHOLESALE OF PERFUMERY AND COSMETICS. WHOLESALE OF OTHER
ARTICLES. |
|
Additional
Information: |
It is engaged in the distribution of equipment and sport material. |
|
Additional
Address: |
Registered office, offices located in: C/ PAQUITA SICILIA , 18 14800
PRIEGO DE CÓRDOBA ( CÓRDOBA ) Previously located in: C/ RAMON Y CAJAL, 12 LOCAL
1 - GALERIA. 14800 PRIEGO DE CÓRDOBA ( CÓRDOBA ). |
|
Import / export: |
IMPORT |
|
Future
Perspective: |
Consolidation |
|
Industry
situation: |
Maturity |
Chronological
Summary
|
|||
|
|
Year |
Act |
|
|
|
2015 |
Appointments/ Re-elections (1) Company Formation (1) Declaration of
Sole Propietorship (1) |
|
|
|
2016 |
Accounts deposit (year 2015) |
|
Breakdown
of Owners' Equity
|
|
|
Registered
Capital: |
86.778,55 |
|
Paid up capital: |
86.778,55 |
Shareholders
|
|
Name |
NIF |
% Shareholding
stake |
|
JOSE MIGUEL RAMIREZ MARIN |
|
100% % |
Updated
Evolution of the Subscribed and Paid-in Capital
|
|||||
|
|
|||||
|
Publishing Date |
Registration
Type |
Capital
Subscribed |
Paid up capital |
Underwritten
result |
Disbursed Result |
|
26/02/2015 |
Company Formation |
86.779 |
86.779 |
86.779 |
86.779 |
Active
Social Bodies
|
|
Post published |
Social Body's
Name |
Appointment Date |
Other Positions in
this Company |
|
SINGLE PARTNER |
RAMIREZ MARIN JOSE MIGUEL |
26/02/2015 |
2 |
|
SINGLE ADMINISTRATOR |
RAMIREZ MARIN JOSE MIGUEL |
26/02/2015 |
2 |
Historical
Social Bodies
|
|
Social Body's
Name |
Post published |
End Date |
Other Positions
in this Company |
|
|
| //c\\ |
|
|
Executive
board
|
|
Post |
NIF |
Name |
|
ADMINISTRATOR |
|
JOSE MIGUEL RAMIREZ MARIN |
|
DIRECTOR/GENERAL MANAGER |
|
JOSE MIGUEL RAMIREZ MARIN |
Defaults,
Legal Claims and Insolvency Proceedings
|
Section enabling assessment of the degree of compliance of the company
queried with its payment obligations. It provides information on the existence
and nature of all stages of Insolvency and Legal Proceedings published with
reference to the Company in the country's various Official Bulletins and
national newspapers, as well Defaults Registered in the main national credit
bureaus (ASNEF Industrial and RAI ).
> Summary
Chronological summary
|
|
|
Number of
Publications |
Amount (€) |
Start date |
End date |
|
Insolvency Proceedings, Bankruptcy and Suspension of Payments |
|
Unpublished |
--- |
--- |
--- |
|
Request/Declaration |
|
0 |
--- |
date |
|
|
Proceedings |
|
--- |
--- |
|
--- |
|
Resolution |
|
--- |
--- |
|
--- |
|
Defaults on debt with Financial Institutions and Large Companies |
Bank and Commercial Delinquency |
None |
0 |
|
|
|
Status: Friendly |
|
--- |
|
|
|
|
Status: Pre-Litigation |
|
--- |
|
|
|
|
Status: Litigation |
|
--- |
|
|
|
|
Status: Non-performing |
|
--- |
|
|
|
|
Status: insolvency proceedings, bankruptcy and suspension of payments |
|
--- |
|
|
|
|
Other status |
|
--- |
|
|
|
|
Legal and Administrative Proceedings |
|
5 |
--- |
16/01/2017 |
20/02/2018 |
|
Notices of defaults and enforcement |
|
5 |
--- |
|
--- |
|
Seizures |
|
--- |
--- |
|
--- |
|
Auctions |
|
--- |
--- |
|
--- |
|
Declarations of insolvency and bad debt |
|
--- |
--- |
|
--- |
|
Proceedings heard by the Civil Court |
|
Unpublished |
--- |
|
|
|
Proceedings heard by the Labour Court |
|
Unpublished |
--- |
|
|
Probability
of default
|
> Estimated Probability of Default for the next 12 months:
5.576 %
|
Sector in which comparison is carried out: 464 Wholesale of household goods |
|
|
Relative Position:
|
The company's comparative analysis with the rest of the companies that
comprise the sector, shows the company holds a better position with regard to
the probability of non-compliance.
The probability of the company's non-compliance with its payment
obligations within deadlines estimated by our qualifications models is 5,576%.
In the event they fail to comply with the payment, the seriousness of
the loss will depend on factors such as the promptness of the commencement of
the charging management, the existence of executive documents which match the
credit or the existence of guarantees and free debt assets under the name of
the debtor. Therefore, the probability of non-compliance should not be solely
interpreted as the total loss of the owed amount.
LEGAL CLAIMS
|
|
Summary of Judicial Claims |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
Not published |
|
|
|
5 Legal Claims whose amounts have not been published |
|
|
|
|
|
|
|
Not published |
|
|
|
Not published |
|
|
|
|
|
|
|
Not published |
|
Incidences Detailed |
|
Incidences with the Local Administration |
|
|
|
Last Published Stage: |
EXECUTION NOTIFICATION |
|
Record Number: |
0005743178 |
|
Requested by: |
ADMINISTRACION LOCAL |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nş48, 2018 SUPLEMENTO 1 PAGINA 10758 |
|
|
|
Last Published Stage: |
EXECUTION NOTIFICATION |
|
Record Number: |
3444453 |
|
Requested by: |
ADMINISTRACION LOCAL |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nş9, 2018 SUPLEMENTO 1 PAGINA 7109 |
|
|
|
Last Published Stage: |
SEIZURE |
|
Record Number: |
2854716 |
|
Requested by: |
ADMINISTRACION LOCAL |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nş119, 2017 SUPLEMENTO 1 PAGINA 7336 |
|
|
|
Last Published Stage: |
EXECUTION NOTIFICATION |
|
Requested by: |
ADMINISTRACION LOCAL |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nş33, 2017 SUPLEMENTO 1 PAGINA 10646 |
|
|
|
Last Published Stage: |
EXECUTION NOTIFICATION |
|
Record Number: |
1746505 |
|
Requested by: |
ADMINISTRACION LOCAL |
|
Published domicile: |
(DESCONOCIDA) |
|
Source: |
B.O.E. Nş17, 2017 SUPLEMENTO 1 PAGINA 7351 |
Link
List
|
|
SHAREHOLDERS: |
1 Entities |
> Shareholders
|
Relationship |
Entity |
Province |
Shareholding stake |
|
SHAREHOLDERS |
JOSE MIGUEL RAMIREZ MARIN |
|
100 |
Turnover
|
|
|
Total Sales 2017 |
575.000 |
The sales data is from the latest available financial statements in
axesor. Failing that, are estimates data calculated by statistical methods.
Estimated
Balance
|
|
ECONOMIC DATA 2017 (THOUSANDS OF EUROS) TOTAL
ASSETS...........................................245 NON CURRENT
ASSETS................................20 CURRENT
ASSETS....................................225 PASIVE OWN
FUNDS......................................100 CURRENT
LIABILITIES....................................145 |
Financial
Accounts and Balance Sheets
|
Financial Years
Presented
|
Ejercicio |
Tipo de Cuentas Anuales |
Fecha Presentacion |
|
2015 |
Normales |
September 2016 |
The data in the report
regarding the last Company Accounts submitted by the company is taken from the
TRADE REGISTER serving the region in which the company's address is located
31/12/2015
> Balance en formato Pyme de acuerdo al Nuevo Plan General
Contable 2007
Information corresponding
to the fiscal year 2015 is taken from information submitted to the TRADE
REGISTER. Data corresponding to fiscal years before 2015 has been
compiled based on the equivalence criteria stipulated in Act JUS/206/2009.
Where the provisions of the Act did not establish relevant equivalence
criteria, such criteria using its own methodology. To view details on the
methodology.
|
|
ORIGINAL |
|
|
Assets |
2015 |
|
|
A) NON-CURRENT ASSETS: 11000 |
15.332,00 |
|
|
I. Intangible fixed assets : 11100 |
0,00 |
|
|
II. Tangible fixed assets : 11200 |
14.032,00 |
|
|
III. Real estate investment: 11300 |
0,00 |
|
|
IV. Long-term investments in Group companies and
associates : 11400 |
0,00 |
|
|
V. Long-term financial investments: 11500 |
1.300,00 |
|
|
VI. Assets for deferred tax : 11600 |
0,00 |
|
|
VII. Non-current trade debtors : 11700 |
0,00 |
|
|
B) CURRENT ASSETS: 12000 |
143.679,00 |
|
|
I. Stocks : 12200 |
92.955,00 |
|
|
II. Trade debtors and others receivable accounts
: 12300 |
41.299,00 |
|
|
1. Trade debtors / accounts
receivable: 12380 |
17.583,00 |
|
|
a) Long-term
receivables from sales and services supplied : 12381 |
0,00 |
|
|
b)
Customers for sales and provisions of services : 12382 |
17.583,00 |
|
|
2. Called up share capital:
12370 |
0,00 |
|
|
3. Other accounts receivable
: 12390 |
23.716,00 |
|
|
III. Short-term investment in Group companies and
associates: 12400 |
0,00 |
|
|
IV. Short-term financial investments :
12500 |
0,00 |
|
|
V. Short-term accruals : 12600 |
0,00 |
|
|
VI. Cash and other equivalent liquid assets :
12700 |
9.424,00 |
|
|
TOTAL ASSETS (A + B) : 10000 |
159.011,00 |
|
|
|
ORIGINAL |
|
|
Liabilities and
Net Worth |
2015 |
|
|
A) NET WORTH: 20000 |
90.319,00 |
|
|
A-1) Shareholders' equity: 21000 |
90.319,00 |
|
|
I. Capital: 21100 |
86.779,00 |
|
|
1. Registered capital :
21110 |
86.779,00 |
|
|
2. (Uncalled capital):
21120 |
0,00 |
|
|
II. Share premium: 21200 |
0,00 |
|
|
III. Reserves: 21300 |
0,00 |
|
|
1. Capitalisation Reserves:
21350 |
0,00 |
|
|
2. Otras Reservas:
21360 |
0,00 |
|
|
IV. (Common stock equity): 21400 |
0,00 |
|
|
V. Profit or loss brought forward: 21500 |
0,00 |
|
|
VI. Other shareholders' contributions:
21600 |
0,00 |
|
|
VII. Result of the period: 21700 |
3.540,00 |
|
|
VIII. (Interim dividend): 21800 |
0,00 |
|
|
A-2) Changes in net worth : 22000 |
0,00 |
|
|
A-3) Received subsidies, donations and legacies: 23000 |
0,00 |
|
|
B) NON-CURRENT LIABILITIES: 31000 |
0,00 |
|
|
I. Long-term provisions: 31100 |
0,00 |
|
|
II. Long-term creditors : 31200 |
0,00 |
|
|
1. Amounts owed to credit
institutions: 31220 |
0,00 |
|
|
2. Creditors from financial
leasing : 31230 |
0,00 |
|
|
3. Other long-term creditors
: 31290 |
0,00 |
|
|
III. Long-term debts with Group companies and
associates: 31300 |
0,00 |
|
|
IV. Liabilities for deferred tax: 31400 |
0,00 |
|
|
V. Long-term accruals: 31500 |
0,00 |
|
|
VI. Non-current trade creditors : 31600 |
0,00 |
|
|
VII. Special long-term debts : 31700 |
0,00 |
|
|
C) CURRENT LIABILITIES : 32000 |
68.692,00 |
|
|
I. Short-term provisions: 32200 |
0,00 |
|
|
II. Short-term creditors : 32300 |
9.650,00 |
|
|
1. Amounts owed to credit
institutions: 32320 |
2.799,00 |
|
|
2. Creditors from financial
leasing : 32330 |
0,00 |
|
|
3. Other short-term
creditors : 32390 |
6.851,00 |
|
|
III. Short-term amounts owed to group and associated
companies: 32400 |
0,00 |
|
|
IV. Trade creditors and other accounts payable:
32500 |
59.042,00 |
|
|
1. Suppliers: 32580 |
52.627,00 |
|
|
a)
Long-term debts : 32581 |
0,00 |
|
|
b)
Short-term debts : 32582 |
52.627,00 |
|
|
2. Other creditors:
32590 |
6.416,00 |
|
|
V. Short-term accruals : 32600 |
0,00 |
|
|
VI. Special short-term debts : 32700 |
0,00 |
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000 |
159.011,00 |
|
|
|
ORIGINAL |
|
|
Profit and
Loss |
2015 |
|
|
1. Net turnover: 40100 |
434.568,00 |
|
|
2. Changes in stocks of finished goods and work
in progress: 40200 |
92.955,00 |
|
|
3. Works carried out by the company for its
assets: 40300 |
0,00 |
|
|
4. Supplies : 40400 |
-447.183,00 |
|
|
5. Other operating income: 40500 |
0,00 |
|
|
6. Personnel costs: 40600 |
-3.961,00 |
|
|
7. Other operating costs: 40700 |
-69.944,00 |
|
|
8. Amortisation of fixed assets: 40800 |
-1.128,00 |
|
|
9. Allocation of subsidies of non-financial fixed
assets and other: 40900 |
0,00 |
|
|
10. Excess provisions : 41000 |
0,00 |
|
|
11. Impairment and result of transfers of fixed
assets: 41100 |
0,00 |
|
|
12. Other results : 41300 |
0,00 |
|
|
A) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12)
: 49100 |
5.308,00 |
|
|
13. Financial income : 41400 |
0,00 |
|
|
a) Allocation of financial
subsidies, donations and legacies: 41430 |
0,00 |
|
|
b) Other financial income:
41490 |
0,00 |
|
|
14. Financial expenditure : 41500 |
-588,00 |
|
|
15. Changes in fair value of financial
instruments : 41600 |
0,00 |
|
|
16. Exchange rate differences: 41700 |
0,00 |
|
|
17. Impairment and result for transfers of financial
instruments : 41800 |
0,00 |
|
|
18. Other financial income and expenditure:
42100 |
0,00 |
|
|
a) Incorporation of
financial expenditure to assets: 42110 |
0,00 |
|
|
b) Financial income from arrangement
with creditors: 42120 |
0,00 |
|
|
c) Other income and
expenditure: 42130 |
0,00 |
|
|
B) FINANCIAL REVENUE ( 13 + 14 + 15 + 16 + 17 +18 ) : 49200 |
-588,00 |
|
|
C) NET RESULT BEFORE TAXES ( A + B ) : 49300 |
4.720,00 |
|
|
19. Income taxes : 41900 |
-1.180,00 |
|
|
D) RESULT OF THE PERIOD ( C + 19 ) : 49500 |
3.540,00 |
|
CASHFLOW
STATEMENT
|
Model: Normal
> Source of information: Data contained in this section is taken from
the information declared in the Annual Accounts submitted to the Trade
Register.
|
Net Rights
Granted |
2015 |
|
|
1. Fiscal year result before taxes.: 61100 |
4.720,00 |
|
|
2. Results adjustments.: 61200 |
1.716,00 |
|
|
a) Fixed Assets Amortization (+).: 61201 |
1.128,00 |
|
|
h) Financial Expenses (+). : 61208 |
588,00 |
|
|
3. Changes in current capital equity.: 61300 |
-76.392,00 |
|
|
a) Stock (+/-).: 61301 |
-92.955,00 |
|
|
d) Debtors and other accounts receivable (+/-). :
61302 |
-41.299,00 |
|
|
d) Creditors and other accounts payable (+/-). :
61304 |
57.862,00 |
|
|
4. Cash Flows from Other Operating Activities: 61400 |
-588,00 |
|
|
a) Interest payments (-). : 61401 |
-588,00 |
|
|
5. Cash Flows from Operating Activities (1 + 2 + 3 + 4) : 61500 |
-70.544,00 |
|
|
6. Payments for investment (-).: 62100 |
-15.332,00 |
|
|
c) Fixed assets. : 62103 |
-14.032,00 |
|
|
e) Other financial assets. : 62105 |
-1.300,00 |
|
|
7. Divestment payment collection (+). : 62200 |
0,00 |
|
|
8. Cash Flow from Investing Activities (6+7) less Amortization:
62300 |
-16.460,00 |
|
|
9. Payment collection and payments for equity instruments. :
63100 |
86.779,00 |
|
|
a) Issuance of equity instruments (+). :
63101 |
86.779,00 |
|
|
10. Payment collection and payments for financial liabilities
instruments.: 63200 |
9.650,00 |
|
|
a) Issuance : 63201 |
9.650,00 |
|
|
2. Debts incurred with credit institutions (+). :
63203 |
2.799,00 |
|
|
5. Other debts (+). : 63206 |
6.851,00 |
|
|
11. Payments from dividends and remunerations from other assets instruments.
: 63300 |
0,00 |
|
|
12. Cash Flows from Financing Activities (9+10+11): 63400 |
96.428,00 |
|
|
D) EFFECT OF EXCHANGE RATE CHANGES: 64000 |
0,00 |
|
|
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS
(+/-5+/-8+/12+/-D) : 65000 |
9.424,00 |
|
|
Cash or equivalent assets as of end of the fiscal
year.: 65200 |
9.424,00 |
|
FINANCIAL
DIAGNOSIS
|
> Economic-Financial Comparative Analysis
Data used in the following ratios and indicators is taken from the
Annual Accounts submitted by the company to the TRADE REGISTER.
> Comparison within the Sector
|
Cash Flow |
2015 |
Variación 2015 - |
|
||
|
|
Empresa |
Sector |
Empresa |
Sector |
|
|
Cash Flow over Sales: |
0,02 % |
0,01 % |
NaN % |
NaN % |
|
|
Net Financial Debt: |
0,04 |
2,16 |
NaN |
NaN |
|
|
Cash Flow Yield: |
0,06 % |
0,01 % |
NaN % |
NaN % |
|
|
EBITDA over Sales: |
1,48 % |
6,39 % |
NaN % |
NaN % |
|
|
Profitability |
2015 |
Variación 2015 - |
|
||
|
|
Empresa |
Sector |
Empresa |
Sector |
|
|
Operating economic profitability: |
3,37 % |
3,92 % |
NaN % |
NaN % |
|
|
Total economic profitability: |
3,34 % |
3,96 % |
NaN % |
NaN % |
|
|
Financial profitability: |
3,92 % |
4,60 % |
NaN % |
NaN % |
|
|
Margin: |
1,22 % |
3,94 % |
NaN % |
NaN % |
|
|
Mark-up: |
1,09 % |
3,56 % |
NaN % |
NaN % |
|
|
Solvency |
2015 |
Variación 2015 - |
|
||
|
|
Empresa |
Sector |
Empresa |
Sector |
|
|
Liquidity: |
0,14 |
0,34 |
NaN |
NaN |
|
|
Acid Test: |
0,74 |
1,17 |
NaN |
NaN |
|
|
Working Capital / Investment: |
0,47 |
0,21 |
NaN |
NaN |
|
|
Solvency: |
2,09 |
1,78 |
NaN |
NaN |
|
|
Indebtedness |
2015 |
Variación 2015 - |
|
||
|
|
Empresa |
Sector |
Empresa |
Sector |
|
|
Indebtedness level: |
0,76 |
0,92 |
NaN |
NaN |
|
|
Borrowing Composition: |
0,00 |
0,67 |
NaN |
NaN |
|
|
Repayment Ability: |
10,67 |
9,47 |
NaN |
NaN |
|
|
Warranty: |
2,31 |
2,09 |
NaN |
NaN |
|
|
Generated resources / Total creditors: |
0,07 |
0,09 |
NaN |
NaN |
|
|
Efficiency |
2015 |
Variación 2015 - |
|
||
|
|
Empresa |
Sector |
Empresa |
Sector |
|
|
Productivity: |
2,63 |
1,30 |
NaN |
NaN |
|
|
Turnover of Collection Rights : |
10,52 |
4,74 |
NaN |
NaN |
|
|
Turnover of Payment Entitlements: |
10,33 |
3,16 |
NaN |
NaN |
|
|
Stock rotation: |
4,62 |
4,91 |
NaN |
NaN |
|
|
Assets turnover: |
2,76 |
0,99 |
NaN |
NaN |
|
|
Borrowing Cost: |
0,86 |
1,77 |
NaN |
NaN |
|
> Trend of indicators under the General Accounting Plan of 2007
(2015)
|
Cash Flow |
2015 |
|
|
Cash Flow over Sales: |
0,02 % |
|
|
Net Financial Debt: |
0,04 |
|
|
Cash Flow Yield: |
0,06 % |
|
|
EBITDA over Sales: |
1,48 % |
|
|
Profitability |
2015 |
|
|
Operating economic profitability: |
3,37 % |
|
|
Total economic profitability: |
3,34 % |
|
|
Financial profitability: |
3,92 % |
|
|
Margin: |
1,22 % |
|
|
Mark-up: |
1,09 % |
|
|
Solvency |
2015 |
|
|
Liquidity: |
0,14 |
|
|
Acid Test: |
0,74 |
|
|
Working Capital / Investment: |
0,47 |
|
|
Solvency: |
2,09 |
|
|
Indebtedness |
2015 |
|
|
Indebtedness level: |
0,76 |
|
|
Borrowing Composition: |
0,00 |
|
|
Repayment Ability: |
10,67 |
|
|
Warranty: |
2,31 |
|
|
Generated resources / Total creditors: |
0,07 |
|
|
Efficiency |
2015 |
|
|
Productivity: |
2,63 |
|
|
Turnover of Collection Rights : |
10,52 |
|
|
Turnover of Payment Entitlements: |
10,33 |
|
|
Stock rotation: |
4,62 |
|
|
Assets turnover: |
2,76 |
|
|
Borrowing Cost: |
0,86 |
|
COMPARATIVE SECTORIAL BALANCE
|
Sector-based Comparison
under the rules of the New General Accounting Plan.
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
|
Net Rights Granted |
Variación - |
|
|
|
Empresa |
Sector |
Public
Tenders and Works Won
|
No Public Tenders assigned to the name of the company.
Research
Summary
|
|
The company was
incorporated in 2015, engaged in the sale of sport articles, it operates
normally. |
Sources
|
|
Registry of Commerce's Official Gazette. Own and external data bases
Company References |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.80 |
|
|
1 |
INR 92.25 |
|
Euro |
1 |
INR 80.76 |
|
Euro |
1 |
INR 80.59 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
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.