3decades

MIRA INFORM REPORT

Report No. :	508215
Report Date :	08.05.2018

IDENTIFICATION DETAILS

Name :	FERROSTAAL EQUIPMENT SOLUTIONS FRANCE

Registered Office :	Batiment J Le Gabut, 5 Place Des Coureauleurs, 17000 La Rochelle

Country :	France

Date of Incorporation :	11/2016

Com. Reg. No.:	RCS La Rochelle B 823 913 058

Legal Form :	Simplified Joint Stock Company with Single Associate

Line of Business :	Engineering, Technical Studies

No. of Employees :	1 or 2 Employees

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

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

(30.09.2017)

Current Rating

(31.12.2017)

France

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

FRANCE - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. France is the most visited country in the world with 83 million foreign tourists in 2016, including 530,000 visitors for the 2016 Euro Cup. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality.

France's real GDP grew by 1.6% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.5% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 24% in the fourth quarter of 2016.

France’s public finances have historically been strained by high spending and low growth. Despite measures to restore public finances, the budget deficit rose from 3.3% of GDP in 2008 to 7.5% of GDP in 2009. In 2017, the budget deficit improved to 2.9% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 96.9% in 2017.

Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming France’s labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRON’s proposed 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power.

Source : CIA

Company name

FERROSTAAL EQUIPMENT SOLUTIONS FRANCE

Company Summary

SIRET	823 913 058 00017	Click to view full map.
Name	FERROSTAAL EQUIPMENT SOLUTIONS FRANCE
Acronym	-
Trade name	-
Status	Economically active
Postal Address	FERROSTAAL EQUIPMENT SOLUTIONS FRANCE BATIMENT J LE GABUT 5 PLACE DES COUREAULEURS 17000 LA ROCHELLE FRANCE
Share Capital	25,000 Euros
Telephone	-
Activity (APE)	Engineering, Technical Studies (7112B)	RCS Registration	RCS La Rochelle B 823 913 058
Formation Date	11/2016	EUR VAT Number	FR27823913058
Deregistration Date	-	Last account Date	-
Court Registry Number	20 1 6B01131	Incorporation Date	11/2016
Registration Court	La Rochelle (17)	Fax	-
Nationality	France	Legal form	Simplified Joint Stock Company with Single Associate
		Currency	Euros

Directors

Current Directors

View Details

Judgment and Preferential

Judgment	No judgement		View details
Preferential Right	This company is not under monitoring		View details

Establishment Details

Type of Establishment	Head Office	Production Role	-
APE/NAF Code	7112B	Activity	Engineering, Technical Studies
Formation Date	11/2016	Reason for Formation	Formation
Closure Date	-	Reason for Closure	-
Reactivation Date	-	Seasonality	-
Activity Nature	Other	Activity Location	N/R
Trading Address	5 PLACE DES COUREAULEURS 17000 LA ROCHELLE	Department	Charente-Maritime (17)
Location Surface	-	District	3
City	LA ROCHELLE	Status	Economically active
Business Pages FT®	-	Region	-
		Area	99
		Size of Urban Area	Urban unit with 100 000 to 199 999 inhabitants

Other Establishment(s)

Regionality	-
Mono-activity status	Legal unit having all establishments with the same main activity
Branches	1 branch entities in this company

Company Name	Company Type	APE/NAF Code	Activity	City	Post Code
FERROSTAAL EQUIPMENT SOLUTIONS FRANCE	Head Office	7112B	Engineering, Technical Studies	LA ROCHELLE	17000

Workforces

Workforce at address	1 or 2 employees	Company workforce	1 or 2 employees
		Workforce account	-

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

	Industry code with raised risk rating
	The company is less than 5 years old
	Low risk workforce size

Industry comparison

Activity (APE)	Engineering, Technical Studies (7112B)
Industry average credit rating	50
Industry average credit limit	15,109

Collective procedures

No judgment information for the company

Status of collection

This company is not under monitoring

Preferential rights details and history

Status of collection

This company is not under monitoring

Group Data

No group information available for the company

Shareholders

No Shareholders available for this company

Linkages

No Linkages information available for the company.

Director(s)

Name	M. FONTANAUD ALEXANDRE
Manager position	President	Date of birth	20/12/1983
Place of birth	LA ROCHELLE
Type	Individual	Name at birth
				View Details
Name	M. PROBST MANUEL
Manager position	Managing director	Date of birth	16/10/1978
Place of birth	MUNSTER(ALLEMAGNE)
Type	Individual	Name at birth
				View Details

Name	M. GRAF VON DER SCHULENBURG ALEXANDER
Manager position	Managing director	Date of birth	22/01/1967
Place of birth	ESSEN(ALLEMAGNE)
Type	Individual	Name at birth

Statutory Auditor

Name	KPMG SA
Name of representative
Manager position	Statutory auditor	Date of birth	-
Place of birth
Type	Moral person	Name at birth


Name	SALUSTRO REYDEL
Name of representative
Manager position	Deputy auditor	Date of birth	-
Place of birth
Type	Moral person	Name at birth

Previous Directors

No data about previous directors is available for this company

Status history

Date	Description
10/11/2016	Economically active

Recent publications in Gazettes

Publication date

Gazette Name

Description

Hide

07/12/2016

Bodacc A

Création d'établissement

17 - CHARENTE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE LA ROCHELLE

309 - 823 913 058 RCS La Rochelle. FERROSTAAL EQUIPMENT SOLUTIONS FRANCE. Forme : Société par actions simplifiée à associé unique. Administration : Président : FONTANAUD Alexandre ; Directeur général : PROBST Manuel ; Directeur général : GRAF VON DER SCHULENBURG Alexander ; Commissaire aux comptes titulaire : KPMG SA (SACA) ; Commissaire aux comptes suppléant : SALUSTRO REYDEL (SACA). Capital : 25000 EUR. Adresse : 5 place des Coureauleurs, Bâtiment J, le Gabut, 17000 Rochelle.
Origine du fonds : Création. Etablissement : Etablissement principal. Activité : Fourniture de prestations d'engineering et mise en place d'équipements industriels. Adresse : 5 place des Coureauleurs, Bâtiment J, le Gabut, 17000 Rochelle.
A dater du : 25/11/2016. Date de commencement de l’activité : 10/11/2016. Descriptif : . Commentaires : Immatriculation d'une personne morale (B, C, D) suite à création d'un établissement principal.

Company events history

Date	Description
07/12/2016	Bodacc A : Establishment creation
25/11/2016	Articles of association

Establishment events history

Date	Description
10/11/2016	Formation of Head office

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FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 67.11
UK Pound	1	INR 90.85
Euro	1	INR 80.12
Euros	1	INR 79.99

Note: Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	NIT

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)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.