|
|
|
MIRA
INFORM REPORT
|
Report No. : |
510924 |
|
Report Date : |
28.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
NVENT THERMAL BELGIUM NV |
|
|
|
|
Registered Office : |
Romeinse Straat 14, 3001 Leuven |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
10.12.2001 |
|
|
|
|
Com. Reg. No.: |
476282965 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Other Machines and Tools N.E.C. |
|
|
|
|
No. of Employees : |
135 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 476282965
Branche Unit Number 2095475162
Company name NVENT
THERMAL BELGIUM NV
Address ROMEINSE STRAAT 14
3001
LEUVEN
Date of establishment 10/12/2001
Telephone number -
Mobile number -
Fax number 016213603
Liable for VAT Yes
VAT Number BE.0476.282.965
Check VAT number
Commentary
The business was established over 16
years ago.
The business has 135 employees.
The business is part of a group.
The business has changed its registered
name recently.
The business has been at the address for
over 10 years.
Operating Result in the latest trading
period increased 127% on the previous trading period.
Pre-tax profits increased by 75% compared
to the previous trading period.
The business saw a decrease in their Cash
Balance of 86% during the latest trading period.
Turnover in the latest trading period increased
35% on the previous trading period.
ANNUAL ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
81,110,203 |
1,669,482 |
28,304,734 |
19,827,945 |
|
31/12/2015 |
59,657,433 |
948,817 |
26,849,453 |
18,064,822 |
|
31/12/2014 |
91,052,146 |
-1,579,842 |
25,926,322 |
16,896,733 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
116,889,284 |
135 |
3,000,000 |
2,122,138 |
|
31/12/2015 |
102,887,360 |
132 |
3,000,000 |
1,578,486 |
|
31/12/2014 |
92,487,202 |
126 |
3,000,000 |
-1,477,141 |
Payment
expectations
|
|||
|
Past payments |
|
Payment
expectation days |
56.22 |
|
Industry average payment expectation days |
141.74 |
Industry average day sales outstanding |
296.04 |
|
Day sales outstanding |
108.93 |
|
|
Court data summary
|
BANKRUPTCY DETAILS |
||||
|
Court action type |
No |
|
|
|
|
PROTESTED BILLS |
||||
|
Bill amount |
||||
|
NSSO DETAILS |
||||
|
Date of summons |
-- |
|
|
|
Company information
|
Business
Number |
476282965 |
Company
Name |
NVENT THERMAL BELGIUM NV |
|
Fax Number |
016213603 |
Date
Founded |
10/12/2001 |
|
Company
Status |
active |
Company
Type |
Public Limited Company |
|
Currency |
Euro (€) |
Date
of Latest Accounts |
31/12/2016 |
|
Activity
Code |
46699 |
Number
of Staff |
135 |
|
Activity
Description |
Wholesale of other machines and tools n.e.c. |
|
|
|
Belgian
Bullettin Of Acts Publications |
Moniteur Belge |
|
|
Contractor details |
|
|
Registered
contractor number |
042701 |
|
Contractor
description |
Special facilities |
|
Date
struck off register |
23/01/2014 00:00:00 |
|
Personnel
(NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
|
|
Joint Industrial Committee (JIC) |
|
|
JIC Code |
111 |
|
Description
Category |
JC for the metal, machinery and
electrical construction |
|
|
|
|
JIC Code |
218 |
|
Description
Category |
Additional national joint committee for
the employees |
|
|
|
|
Significant
Events |
|
|
Event Date |
29/03/2013 |
|
Event
Description |
Re-appointment of director(s) |
|
Event
Details |
Commentaar 01-03-2013: Herbenoemd als
bestuurder tot de gewone algemene vergadering
2018 : Olin Christian. |
Company accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual
accounts |
31-12-2016 |
% |
31-12-2015 |
% |
31-12-2014 |
% |
31-12-2013 |
% |
30-09-2012 |
|
Weeks |
52 |
|
52 |
|
52 |
|
65 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
8,551,788 |
-3.01 |
8,816,986 |
-3.05 |
9,094,298 |
-3.47 |
9,421,127 |
-4.72 |
9,887,340 |
|
Intangible fixed assets |
0 |
-100 |
32,355 |
-50.0 |
64,710 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
7,974,090 |
-6.84 |
8,559,933 |
-2.89 |
8,814,890 |
-4.25 |
9,206,428 |
-4.14 |
9,603,638 |
|
Land & building |
7,018,049 |
-3.31 |
7,258,031 |
-3.20 |
7,498,013 |
-2.66 |
7,703,202 |
-2.92 |
7,934,993 |
|
Plant & machinery |
853,340 |
-14.90 |
1,002,781 |
0.88 |
994,066 |
-19.21 |
1,230,471 |
-8.75 |
1,348,481 |
|
Furniture & Vehicles |
102,702 |
-41.44 |
175,367 |
-25.42 |
235,142 |
-13.79 |
272,756 |
-14.81 |
320,164 |
|
Leasing & Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
-1 |
-100 |
123,755 |
41.16 |
87,669 |
- |
0 |
- |
0 |
|
Financial fixed assets |
577,698 |
157 |
224,698 |
4.66 |
214,698 |
0 |
214,698 |
-24.32 |
283,701 |
|
Total current assets |
108,337,496 |
15.17 |
94,070,374 |
12.80 |
83,392,904 |
26.68 |
65,828,752 |
19.70 |
54,995,620 |
|
Inventories |
82,187,008 |
12.50 |
73,057,625 |
38.63 |
52,699,778 |
14.69 |
45,948,547 |
40.49 |
32,706,548 |
|
Raw materials & consumables |
0 |
- |
0 |
- |
0 |
-100 |
564,360 |
-17.45 |
683,619 |
|
Work in progress |
82,151,868 |
12.51 |
73,017,262 |
38.71 |
52,639,071 |
69.61 |
31,035,534 |
83.64 |
16,900,032 |
|
Finished goods |
35,140 |
-12.94 |
40,363 |
-2.63 |
41,455 |
-99 |
11,621,963 |
20.47 |
9,647,169 |
|
Other stocks |
0 |
- |
0 |
-100 |
19,252 |
-99 |
2,726,691 |
-50.20 |
5,475,728 |
|
Trade debtors |
24,207,199 |
111 |
11,441,839 |
-44.81 |
20,732,465 |
20.44 |
17,213,490 |
-15.70 |
20,418,422 |
|
Other amounts receivable |
736,207 |
3.54 |
711,025 |
-63.66 |
1,956,516 |
75.42 |
1,115,335 |
450 |
202,550 |
|
Cash |
1,191,132 |
-86.49 |
8,814,449 |
13.12 |
7,791,807 |
497 |
1,304,918 |
-10.55 |
1,458,799 |
|
Miscellaneous current assets |
15,950 |
-64.90 |
45,436 |
-78.60 |
212,338 |
-12.95 |
243,923 |
17.97 |
206,763 |
|
Total Assets |
116,889,285 |
13.61 |
102,887,360 |
11.24 |
92,487,202 |
22.91 |
75,249,878 |
15.98 |
64,882,960 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
28,304,734 |
5.29 |
26,881,808 |
3.43 |
25,991,032 |
-7.91 |
28,223,570 |
16.15 |
24,299,772 |
|
Issued share capital |
3,000,000 |
0 |
3,000,000 |
0 |
3,000,000 |
0 |
3,000,000 |
0 |
3,000,000 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
25,304,734 |
5.96 |
23,881,808 |
3.87 |
22,991,032 |
-8.85 |
25,223,570 |
18.42 |
21,299,772 |
|
Provisions for Liabilities & Charges |
75,000 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
88,509,551 |
16.45 |
76,005,552 |
14.30 |
66,496,170 |
41.40 |
47,026,308 |
15.88 |
40,583,188 |
|
Other long term loans |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
75,000 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Current portion of long term debt |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial debts |
0 |
- |
0 |
-100 |
3,665,890 |
1.09 |
3,626,349 |
- |
0 |
|
Trade creditors |
12,283,650 |
63.09 |
7,531,660 |
-24.86 |
10,023,628 |
-14.30 |
11,696,542 |
-32.62 |
17,358,804 |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
1,533,559 |
-41.24 |
2,609,968 |
-15.65 |
3,094,136 |
29.20 |
2,394,847 |
-53.73 |
5,176,218 |
|
Miscellaneous current liabilities |
74,692,342 |
13.40 |
65,863,924 |
32.49 |
49,712,516 |
69.62 |
29,308,571 |
62.39 |
18,048,166 |
|
Total current liabilities |
88,509,551 |
16.45 |
76,005,552 |
14.30 |
66,496,170 |
41.40 |
47,026,308 |
15.88 |
40,583,188 |
|
Total Liabilities |
116,889,285 |
13.61 |
102,887,360 |
11.24 |
92,487,202 |
22.91 |
75,249,878 |
15.98 |
64,882,960 |
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
2.06 |
29.56 |
1.59 |
91.38 |
-1.74 |
-139 |
4.45 |
-38.37 |
7.22 |
|
Return on capital employed |
5.88 |
66.57 |
3.53 |
58.06 |
-6.08 |
-130 |
19.96 |
-46.97 |
37.64 |
|
Return on total assets employed |
1.43 |
55.43 |
0.92 |
53.80 |
-1.71 |
-122 |
7.49 |
-46.88 |
14.10 |
|
Return on net assets employed |
5.90 |
67.14 |
3.53 |
58.06 |
-6.08 |
-130 |
19.96 |
-46.97 |
37.64 |
|
Sales / net working capital |
4.09 |
23.94 |
3.30 |
-38.78 |
5.39 |
-19.91 |
6.73 |
-23.44 |
8.79 |
|
Stock turnover ratio |
101.33 |
-17.25 |
122.46 |
111 |
57.88 |
59.41 |
36.31 |
40.68 |
25.81 |
|
Creditor days |
56.22 |
20.77 |
46.55 |
18.39 |
39.32 |
11.07 |
35.40 |
-34.87 |
54.35 |
|
Debtor days |
108.93 |
55.61 |
70.00 |
-15.77 |
83.11 |
67.39 |
49.65 |
-15.58 |
58.81 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.22 |
-1.61 |
1.24 |
-0.80 |
1.25 |
-10.71 |
1.40 |
2.94 |
1.36 |
|
Liquidity ratio / acid ratio |
0.30 |
7.14 |
0.28 |
-39.13 |
0.46 |
9.52 |
0.42 |
-23.64 |
0.55 |
|
Current debt ratio |
3.13 |
10.60 |
2.83 |
10.55 |
2.56 |
53.29 |
1.67 |
0 |
1.67 |
|
Cashflow |
2,122,138 |
34.44 |
1,578,486 |
106 |
-1,477,141 |
-132 |
4,523,732 |
-33.86 |
6,839,499 |
|
Net worth |
28,304,734 |
5.42 |
26,849,453 |
3.56 |
25,926,322 |
-8.14 |
28,223,570 |
16.15 |
24,299,772 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
- |
- |
- |
- |
14.10 |
9.73 |
12.85 |
- |
- |
|
Equity in percentage |
24.21 |
-7.38 |
26.14 |
-7.04 |
28.12 |
-25.03 |
37.51 |
0.16 |
37.45 |
|
Total debt ratio |
3.13 |
10.60 |
2.83 |
10.55 |
2.56 |
53.29 |
1.67 |
0 |
1.67 |
|
Working capital |
19,827,945 |
9.76 |
18,064,822 |
6.91 |
16,896,733 |
-10.14 |
18,802,443 |
30.46 |
14,412,432 |
|
PROFIT
& LOSS |
|||||||||
|
Operating Income |
104,620,261 |
28.31 |
81,535,770 |
-28.00 |
113,240,880 |
-20.17 |
141,847,502 |
7.00 |
132,564,659 |
|
Turnover |
81,110,203 |
35.96 |
59,657,433 |
-34.48 |
91,052,146 |
-28.04 |
126,540,273 |
-0.15 |
126,734,834 |
|
Total operating expenses |
79,742,918 |
35.03 |
59,056,713 |
-36.54 |
93,057,706 |
-22.85 |
120,613,982 |
3.47 |
116,567,268 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
103,395,907 |
27.75 |
80,935,050 |
-29.77 |
115,246,440 |
-15.21 |
135,921,211 |
11.05 |
122,397,093 |
|
Employee costs |
14,055,068 |
-2.15 |
14,364,579 |
-11.63 |
16,254,401 |
-0.69 |
16,366,782 |
32.35 |
12,366,077 |
|
Wages and salary |
- |
- |
10,165,715 |
-12.36 |
11,599,404 |
0.11 |
11,586,833 |
31.99 |
8,778,809 |
|
Employee pension costs |
- |
- |
789,900 |
33.28 |
592,649 |
26.29 |
469,267 |
30.91 |
358,474 |
|
Social security contributions |
- |
- |
2,822,064 |
-15.47 |
3,338,588 |
-5.25 |
3,523,702 |
43.86 |
2,449,315 |
|
Other employee costs |
14,055,068 |
2294 |
586,901 |
-18.91 |
723,760 |
-8.03 |
786,980 |
0.96 |
779,479 |
|
Director remuneration |
- |
- |
587,893 |
-74.96 |
2,347,955 |
16.78 |
2,010,595 |
103 |
989,739 |
|
Amortization and depreciation |
699,212 |
1.67 |
687,709 |
-8.96 |
755,398 |
25.91 |
599,934 |
0.77 |
595,376 |
|
Operating result |
1,367,285 |
127 |
600,720 |
29.95 |
-2,005,559 |
-133 |
5,926,291 |
-41.71 |
10,167,565 |
|
Total financial income |
1,543,059 |
-46.82 |
2,901,529 |
26.95 |
2,285,605 |
44.73 |
1,579,246 |
-29.67 |
2,245,323 |
|
Total financial expenses |
1,097,932 |
-57.00 |
2,553,432 |
37.29 |
1,859,887 |
-0.60 |
1,871,085 |
-42.71 |
3,265,719 |
|
Results on ordinary operations before taxation |
1,669,482 |
75.95 |
948,817 |
60.06 |
-1,579,842 |
-128 |
5,634,452 |
-38.40 |
9,147,170 |
|
Extraordinary Income |
194,336 |
- |
- |
- |
13,576 |
- |
- |
- |
- |
|
Extraordinary Charges |
51,406 |
482 |
8,828 |
-98.75 |
708,368 |
2109 |
32,060 |
- |
- |
|
Extraordinary items |
142,930 |
1619 |
-8,828 |
1.27 |
-694,793 |
-2067 |
-32,060 |
- |
0 |
|
Results for the Year Before Taxation |
1,812,412 |
92.81 |
939,989 |
41.32 |
-2,274,634 |
-140 |
5,602,392 |
-38.75 |
9,147,170 |
|
Taxation |
389,486 |
691 |
49,213 |
116 |
-42,096 |
-102 |
1,678,594 |
-42.18 |
2,903,046 |
|
Results on ordinary operations after taxation |
1,279,996 |
42.28 |
899,604 |
58.50 |
-1,537,746 |
-138 |
3,955,858 |
-36.65 |
6,244,124 |
|
Net result |
1,422,926 |
59.74 |
890,776 |
39.90 |
-2,232,538 |
-156 |
3,923,798 |
-37.16 |
6,244,124 |
|
Profit (Loss) for the Year to be
appropriated |
1,422,926 |
59.74 |
890,776 |
39.90 |
-2,232,538 |
-156 |
3,923,798 |
-37.16 |
6,244,124 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
10,000,000 |
Social BALANCE SHEET DETAILS
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2016 |
|
|
Full-time
Employees |
117 |
|
Part-time
Employees |
24 |
|
Total
Fte Employees |
135 |
|
|
|
|
Number
of hours worked |
|
|
Full-time
Employees |
188,378 |
|
Part-time
Employees |
27,938 |
|
Total |
216,316 |
|
|
|
|
Personnel
Charges |
|
|
Full-time
Employees |
10,674,419 |
|
Part-time
Employees |
1,325,891 |
|
Total |
12,000,310 |
|
Benefits
In Addition To Wages |
146,628 |
|
|
|
|
During
the previous reporting year Average
number employees in Fte |
135 |
|
Actual
working hours |
216,316 |
|
Personnel
Charges |
12,000,310 |
|
Benefits
In Addition To Wages |
146,628 |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited
Duration Contracts |
119 |
23 |
136 |
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
16 |
1 |
17 |
|
Higher
education (non university) |
44 |
2 |
46 |
|
Higher
education (university) |
28 |
1 |
29 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
6 |
4 |
9 |
|
Higher
education (non university) |
15 |
9 |
22 |
|
|
|
|
|
|
Higher
education (university) |
10 |
6 |
14 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
102 |
19 |
117 |
|
Blue
collar worker |
17 |
4 |
19 |
|
Other |
- |
- |
- |
|
Temporary
personnel |
Total |
|
Average
number of temporary staff |
10 |
|
Actual
working hours |
18,835 |
|
Cost
of temporary staff |
566,950 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New
Starters |
14 |
- |
14 |
|
Leavers |
12 |
- |
12 |
|
Total
of formal continuing vocational training
initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number
of employees |
2 |
1 |
|
Number
of training hours |
130 |
174 |
|
Net
costs for enterprise |
6,366 |
7,721 |
Industry comparison |
|
|
Activity code |
46699 |
|
Activity description |
Wholesale of other machines and tools, n.e.c. |
Payment Information Summary
|
Total number of Invoices available |
101 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
95 |
|
Total number of Invoices paid more
than 30 days after the due date |
0 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
6 |
Payment expectations |
|
|
Payment expectation days |
56.22 |
|
Day sales outstanding |
108.93 |
|
|
|
|
Industry comparison |
|
|
Activity code |
46699 |
|
Activity description |
Wholesale of other machines and tools, n.e.c. |
|
Industry average payment expectation days |
141.74 |
|
Industry average day sales outstanding |
296.04 |
|
Industry quartile
analysis |
|
|
Payment
expectations |
|
|
Company result |
56.22 |
|
Lower |
88.43 |
|
Median |
49.82 |
|
Upper |
27.61 |
|
|
|
|
Day sales
outstanding |
|
|
Company result |
108.93 |
|
Lower |
108.43 |
|
Median |
76.40 |
|
Upper |
50.56 |
Shareholder details
Group Structure
|
Company
Name |
Number |
Latest
Financials |
|
- PENTAIR |
|
|
|
- - NVENT
THERMAL BELGIUM NV |
476282965 |
31.12.2016 |
|
- - - PENTAIR
TECHNICAL SOLUTIONS ITALY SRL |
|
|
|
- - - PENTAIR
THERMAL MANAGEMENT ROMANIA |
|
|
Minority Shareholders
No minority shareholder found
Minority Interests
No minority interest found
Linked Companies
|
Summary |
|
|
Group
- Number of Companies |
4 |
|
Linkages
- Number of Companies |
263 |
|
Number
of Countries |
22 |
|
Name |
Number |
Latest Key
Financials |
Turnover |
|
JOHNSON CONTROLS INTERNATIONAL |
443672258 |
30.09.2017 |
- |
|
NV |
|
|
|
|
JOHNSON CONTROLS-HITACHI AIR |
09472253 |
30.09.2016 |
- |
|
CONDITIONING HOLDING (UK) LTD |
|
|
|
|
JOHNSON CONTROLS FINANCE BVBA |
897604049 |
30.09.2017 |
- |
|
SABROE LIMITED |
01804419 |
30.09.2016 |
- |
|
ADT GROUP LIMITED |
02476211 |
30.09.2017 |
- |
|
JCHAC UK HOLDCO LIMITED |
09569702 |
30.09.2016 |
- |
|
ADT FIRE AND SECURITY PLC |
01161045 |
30.09.2016 |
£341.072.000 |
|
ADT FINANCE LIMITED |
01937350 |
30.09.2017 |
- |
|
TYCO INTERNATIONAL HOLDING S. À |
B122091 |
30.09.2016 |
- |
|
R.L. |
|
|
|
|
JOHNSON CONTROLS AIR CONDITIONING INVESTMENTS
(UK) LIMITED |
09711141 |
30.09.2016 |
- |
|
TYCO HOLDINGS (U.K.) LIMITED |
02504868 |
30.09.2016 |
- |
|
JCHAC EUROPE FINCO LIMITED |
09569810 |
30.09.2016 |
- |
|
ADT SOUTH AFRICA HOLDING LIMITED |
01856199 |
30.09.2016 |
- |
|
SENSORMATIC LIMITED |
02722910 |
30.09.2016 |
- |
|
YORK ENGINEERED SYSTEMS LIMITED |
00397015 |
30.09.2016 |
- |
|
JOHNSON CONTROLS BUILDING EFFICIENCY UK LIMITED |
08993483 |
30.09.2016 |
£100.295.000 |
|
JOHNSON CONTROLS METAL COMPONENTS BIRMINGHAM LIMITED |
03482218 |
30.09.2016 |
- |
|
JOHNSON CONTROLS INTERNATIONAL HOLDINGS LTD |
09458809 |
30.09.2016 |
- |
|
YORK INTERNATIONAL (HOLDINGS) LIMITED |
02991328 |
30.09.2016 |
- |
|
PENTAIR EUROPEAN SECURITY HOLDINGS |
413731795 |
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
|
Name |
Gert Van den Vonder |
|
Position |
Director |
|
Start Date |
07/03/2011 |
|
Date
of birth |
12/12/1969 |
|
Street |
38 OEVELSEWEG OLEN |
|
Post code |
2250 |
|
Country |
Belgium |
|
|
|
|
Name |
MAREK TAPSIK |
|
Position |
Director |
|
Start Date |
20/03/2017 |
|
|
|
|
Name |
Sylvain Lemmens |
|
Position |
Director |
|
Start Date |
10/12/2001 |
|
Street |
16 ABELENDREEF BRUGGE |
|
Post code |
8200 |
|
Country |
Belgium |
|
|
|
|
FORMER
DIRECTOR DETAILS |
|
|
Name |
ALOK MASKARA |
|
Position |
Director |
|
Start Date |
22/11/2013 |
|
End Date |
20/03/2017 |
|
Country |
United States |
|
|
|
|
Name |
Mats Olin |
|
Position |
Director |
|
Start Date |
01/03/2010 |
|
End Date |
08/10/2014 |
|
Street |
14 Clos de Differdange Waterloo |
|
Country |
Belgium |
|
|
|
|
Name |
Christian Vermeulen |
|
Position |
Director |
|
Start Date |
06/03/2006 |
|
End Date |
11/08/2014 |
|
Street |
11 PAUL-EMILE LESSIRESTRAAT BRUSSEL |
|
Post code |
1160 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.26 |
|
|
1 |
INR 91.22 |
|
Euro |
1 |
INR 79.88 |
|
Euro |
1 |
INR 79.01 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
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.