MIRA
INFORM REPORT
|
Report Date : |
13.06.2006 |
IDENTIFICATION
DETAILS
|
Name : |
GRENALINA
INVESTMENTS LIMITED |
|
|
|
|
Registered Office : |
30, Karpenisiou, Postal Code - 1660-Nicosia , P.O.Box - 20533-Nicosia Nicosia
|
|
|
|
|
Country : |
Cyprus |
|
|
|
|
Date of Incorporation : |
31.03.1999 |
|
|
|
|
Com. Reg. No.: |
10154-Nicosia |
|
|
|
|
Legal Form : |
Private Limited Liability Company
(IBC-International Business Company) |
|
|
|
|
Line of Business : |
General
trading and acts as Consulting Company |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
Status : |
Undetermined |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Unknown |
Name Inquired Under
GRENALINA INVESTMENTS LTD
Correct Registered Name
GRENALINA INVESTMENTS LIMITED
ADDRESS
Street : 30, Karpenisiou Postal Code :
1660-Nicosia
P.O.Box :
20533-Nicosia Postal Code :
1660-Nicosia
Locality :
Nicosia Town :
Nicosia
Tel : 22843000 Fax :
22375227
E-Mail : N/A Telex :
N/A
LEGAL STATUS
Private Limited Liability Company (IBC-International Business Company)
Date Founded
1999
LEGAL STATUS (Cont)
Trade Registration
No. & Town:
10154-Nicosia
Date Registered : 31/03/1999
PRINCIPALS
Shareholders/Partners/Proprietor
Name Equity
Catriona Holdings Limited 5.000
Directors/Managers
Name Position Address
Mr. Andys Skordis Director 30, Karpenisiou
1660,
Nicosia, Cyprus
Mr. Christos Skordis Director 30, Karpenisiou
1660,
Nicosia, Cyprus.
Romanos Services Limited Secretary 30, Karpenisiou
1660,
Nicosia, Cyprus
RELATED COMPANIES
Parent/Subsidiary/Sister/Associate:
Unknown
OPERATIONS
Mode of Operation:
According
to the company’s Articles of Association, the company was established in order
to get involved in General trading and acts as Consulting Company. (This
information was not confirmed. Please see general comments).
No of Employees (Categorise)
Unknown
AGENCIES
Name Country Product
Unknown
TRADE SUPPLIERS
Name Country Product
Unknown
Import From: Unknown
Import Terms: Unknown
Export To: Unknown
Export Terms: Unknown
DESCRIPTION OF PREMISES
Headquarters:
The company in question seems not to maintain an
office of its owned in Cyprus. At least we did not trace any. The address given
overleaf is the company’s Auditors’ office.
Branches:
Unknown
BANKERS
Unknown
FINANCES
Currency : Cyprus Pounds
Registered Capital : CYP 5.000
Paid Up Capital : CYP 5.000
Economic Results : Unknown
Charges : No charges
Subject
declined further detailed Financial Information.
PAYMENT
Comments: Given that the present is an International
Business Company - IBC (Offshore Company), and most of its activities are carried
out outside Cyprus, coupled with the fact that no further detailed financial
information is available, we feel unable to express a safe and reliable opinion
on their creditability and payment records or to comment on the amount of your
enquiry.
GENERAL COMMENTS
The present limited liability company (IBC) was incorporated on 31/03/1999. According to the company’s Articles of Association, the company was established in order to get involved in General trading and acts as Company. (This information was not confirmed.)
It seems that the company does not maintain offices of its own in Cyprus. At least we didn’t trace any offices.
Thus, we have contacted their Auditors. We have placed a written request for information. Until today no reply was received. We shall continue our efforts to talk to them. Thus, in case there will be any additional information on the company, we shall forward them to you immediately.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |